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India's June qtr GDP growth likely slowed on reduced government spending

Despite strong growth relative to other economies, India is lagging on job creation and more inclusive economic growth

Israel, Hamas agree to zoned 3-day pauses for Gaza polio vaccinations: WHO

The WHO confirmed on Aug. 23 that at least one baby has been paralyzed by the type 2 polio virus, the first such case in the territory in 25 years

Shell plans scale back in oil, gas exploration division workforce: Report

The restructuring in the exploration and wells development and subsurface units will see hundreds of job cuts around the world

US NSA Sullivan meets Xi Jinping as wide-ranging China-US talks near end

As the pair sat down in the Great Hall of the People, Xi told Sullivan Beijing was committed to a stable relationship with Washington

RIL boosts shares to record, Nifty logs longest gaining streak in 17 yrs

The NSE Nifty 50 and the S&P BSE Sensex both rose about 0.6% to hit all-time highs, before trimming some gains to settle up 0.4% at record closing levels

Hyundai plots SUV rollout in India as local competition mounts ahead of IPO

The SUV rollout will begin with its first India-made electric vehicle early next year

Govt allows sugar mills to use cane juice for ethanol production from Nov

he world's second-biggest sugar producer imposed restrictions on diverting sugar for ethanol production in December 2023 to increase sugar output after cane crop was hit by below-average monsoon rains

Monsoon rains likely to be prolonged, threatening crop harvesting

Above-normal rainfall due to the delayed withdrawal of the monsoon could damage India's summer-sown crops like rice, cotton, soybean, corn, and pulses

SBI's mega tier II debt issue may boost fundraising via such notes: Bankers

On Wednesday, India's largest lender SBI raised Rs 7,500 crore ($894.1 million) through 15-year tier II bonds, with a 10-year call option at 7.42 per cent coupon

Alphabet's Google considering to build large data centre in Vietnam: Report

It was not clear how quickly Google would reach a decision on an investment, but the source said internal talks were taking place and the data centre could be ready in 2027

Govt bond yields steady as traders await key data, Friday's debt sale

The benchmark 10-year yield ended at 6.8637 per cent, compared with its previous close of 6.8605 per cent

US govt funding yields hundreds of patents for China-based researchers

According to the patent office, the agency granted 1,020 patents from 2010 through the first quarter of 2024 that were both funded at least in part by the US government

Thousands evacuated as cyclone builds off India, Pakistan's coast

More than 18,000 have been evacuated since Sunday from cities near the coast, disaster management authorities said

HSBC wealth chief Matos leaves as new CEO Elhedery shakes up team

HSBC aims to double the assets under management in its British wealth business to 100 billion pounds

China to continue with low-carbon electricity reforms: Energy regulator

The world's second-biggest economy has emerged as a global leader in the transition to renewable energy

Lawyer for Telegram CEO Pavel Durov dismisses allegations as absurd

Paris prosecutor Laure Beccuau said in a statement the judge found there were grounds to formally investigate Durov

Chinese regional banks' investment revenues soar even as lending falters

Chinese lenders are still facing challenges such as narrow margins and low loan rates

Axis Bank to raise funds through infra bonds, may announce issue in Sept

The Indian government's strong capital expenditure push, with budget allocation at a record Rs 11.11 trillion ($132.40 billion), is prompting banks to raise funds

British film investors aim to revive studio plan amid push for growth

Marlow Film Studios said it would appeal to a national planning body after the proposed new studio complex was rejected

China invests $6.1 billion in computing data center project, says official

China's massive investment in computing comes as it faces increasing restrictions from the United States