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Singapore Air picks crucial fight against Emirates for Indian skies

Vistara, 49% owned by Singapore Air and 51% by Indian conglomerate Tata Group, started out in January 2015

RBI rate cut only good for short-duration bonds as hopes of big cuts fade

The RBI reduced its main rate by an unconventional 35 basis points to 5.4%, the lowest since 2010

Indices slump as RBI cuts growth forecast; Sensex down 286 points

The Nifty 50 index dropped 93 points, or 0.9 percent, to close at 10,856

World closer to first recession in a decade as trade war fears spread

While tight labour markets globally and the recent shift by central banks should provide a cushion, economists are starting to war-game for how a recession could happen

Byju Raveendran, a 37-yr-old former teacher, is India's newest billionaire

India's online learning market is expected to more than double to $5.7 billion by 2020, according to the government-backed India Brand Equity Foundation

Three bankers seek to break Bollywood cliches with a $15 million war chest

India has become a battleground for global streaming giants from Netflix to Amazon.com and Walt Disney-owned Hotstar

Comcast, partners make offer for stake in Subhash Chandra's Zee Ent

Comcast, partners make offer for stake in Subhash Chandra's Zee Ent plan to snap up a 51% stake in the media company.

Max Life cash levels hit two-year high as mood in stock market sours

India's fourth-largest insurer is holding about 10% of its assets in cash, a five-fold jump over levels it usually maintains, as it doesn't expect a turnaround in sentiment anytime soon

Big blow to Indians: Saudi Arabia may ban foreigners from hospitality jobs

As Saudi Arabia tries to develop its fledgling tourism industry, its also tackling citizen unemployment, which hit a high of nearly 13% last year

Citi to cut hundreds of trading jobs as Wall St fears more challenges ahead

The New York-based bank plans to slash jobs across its fixed-income and stock-trading operations over the course of 2019, according to people familiar with the matter

King of the road no more? Why Trump can't steer the global auto market

Shift in major car markets fuel standards has been a major problem for automakers

More NBFCs will have to die if India's shadow-banking sector is to survive

A few quarters of pain in sectors that depend upon shadow financing is a small price to pay to produce a sector that winds up doing its job efficiently and sustainably

China backs Hong Kong police, warns protesters against breaching peace

At least 49 people were arrested on Sunday after bricks, glass bottles and paint bombs were hurled at police and traffic signs were removed

RBI to discuss sovereign bonds on Aug 16 amid risks flagged by economists

The Reserve Bank of India's board will meet on August 16 to discuss, among others, the nation's proposed maiden offshore bond sale plan

Oil steadies near $56 a barrel amid trade talks between US and China

Chinese and American negotiators meet in Shanghai this week amid tempered expectations for a breakthrough in their year-long trade war that has dented demand

Corn import for chicken feed surges as more Indians start eating meat

India's growing population, rising disposable incomes and changing food habits are boosting the consumption of non-vegetarian food, according to CLFMA

The elite club that rules the diamond world is beginning to crack

In the diamond trading world, becoming one of De Beers's elite buyers is viewed as essential to achieving success and making money. Now, it's no longer so easy

India's $10 billion foreign debt sale: Investors debate govt's options

Investors are wondering if India will press ahead with a foreign-currency debt sale, opt for the issuance of rupee-denominated notes, or ease foreign ownership limits on local markets instead

Modi's Hindutva supporters, critics came together to oppose dollar bond

Now that $10 billion in subscription checks won't be coming in October, the domestic Indian bond market will feel the pressure of higher borrowings locally by the government

How Jack Ma's $290 billion loan machine is changing Chinese banking

The financial-technology boom that turned China into the world's biggest market for electronic payments is now changing how banks interact with companies that drive most of its economic growth