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Covid-19 will leave deep scars in world economy even after recovery

Legacies of stunted education, destruction of jobs, war-era levels of debt and widening inequalities will cost poorest nations most.

Nordic region, Bitcoin's green haven, is running out of surplus electricity

Clean Nordic power available for Nordic mining set to dwindle; electricity needed to mine Bitcoin surged 66-fold since 2015

India has a double mutant Coronavirus variant. Should we be worried?

The new variant, which has a so-called double mutation, is thought to be fueling India's deadlier new wave of infections that has made it the world's second worst-hit country, surpassing Brazil

Morgan Stanley burned by $911 million hit on Archegos Capital blowup

Loss dents record results driven by surge in dealmaking

Q1 GDP numbers: China's economy grows record 18.3% in post-Covid comeback

Retail sales beat expectations while industrial output growth moderated

Citigroup's retreat highlights global banks' struggle in China, India

Increased rivalry from domestic lenders, especially in consumer financing, and competition for top talent contribute to challenges.

Gold heads for second straight weekly gain as investors weigh US data

The latest numbers from both countries show consumer spending boosting the recovery from the pandemic

India's brutal Covid-19 wave hammers fuel sales as lockdowns spread

Sales of everything from diesel to cooking fuels dropped during April 1-15 from a month earlier

Latest Covid-19 wave deadlier in Brazil than India: No one knows why

When it comes to the scale of infections, the two nations are similarly matched, with cases hovering around 14 million and hospitals from Mumbai to Sao Paulo under increasing pressure

Don't write off China's Covid-19 vaccines: World needs them as cases surge

While more than 848 million doses have been administered, countries with the highest incomes are getting vaccinated 25 times faster than those with the lowest

Softbank Group to invest $450 million in Swiggy at $5.5 billion value

Second funding for food delivery startup in as many weeks

Mukesh Ambani sends oxygen from refineries to aid India's Covid-19 fight

Ambani's Reliance Industries Ltd., which operates the world's biggest refining complex in western India, has started supplying oxygen from Jamnagar to Maharashtra at no cost

Amazon must treat employees better, says Jeff Bezos after union vote

He's stepping down as CEO later this year to become executive chairman, and it was clear to experts that legacy was on his mind in his final missive to investors

US imposes sanctions on Russia over cyberattacks and poll meddling

Expels 10 Russian diplomats, restricts new sovereign debt purchase

JPMorgan embarks on $2.5-trillion climate, sustainability effort

Goldman Sachs Group Inc., Citigroup and Bank of America have all set net-zero greenhouse-gas emissions targets in their financing activities.

Covid: RIL to send 100 tons of medical-use oxygen to Maharashtra at no cost

India is in the grip of a second wave of Covid-19 infections

Surojit Chatterjee: Ex-Google exec's 2020 move to Coinbase worth Rs 5k cr

The chief product officer, an IIT Kharagpur graduate, has been with Coinbase Global Inc., the biggest U.S. crypto exchange, for just 15 months

From best to worst: Rupee tumbles in 2 weeks on Covid, poised for more loss

Traders are concerned that the rupee's tailwinds could start fading. Rising commodity prices may push the current-account into a deficit in the fiscal year that started in April

Gautam Adani may win three more slots on MSCI India Index as shares double

The potential inclusions are seen further boosting wealth for Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among the world's billionaires

Work from home without flexibility risks creating unhealthy culture: Study

King's College report suggests implementing predictable or set hours, compressed days, job sharing and school term-time working.