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Facebook's growth woes in India: too much nudity, not enough women

Many women have shunned the male-dominated social network because they're worried about their safety and privacy, according to the Meta research

ECB raises rates for first time in 11 years to fight off runaway inflation

European stocks and bonds slumped and the euro rose after the European Central Bank raised rates by a larger-than-expected 50 bps

Ukraine keeps key interest rate unchanged, increases inflation forecast

Devastated by the war with Russia, Ukraine's economy fell by around 40% year on year in the second quarter of this year, the central bank said

Citi expects revenue from Indian corporate business to grow 10% a year

By Nupur Anand

Kremlin rejects Vladimir Putin health rumours, says he is fine

CIA Director William Burns was asked about the issue during a security forum in the United States on Wednesday, where he said that Putin was 'entirely too healthy'

Tokyo's daily Covid cases cross 30,000 for first time in pandemic

New coronavirus cases in Japan's capital hit a record on Thursday, surging past 30,000 for the first time since the pandemic began, spurring officials to call for more vigilance.

India's FY23 growth forecast cut to 7%, RBI to stay hawkish: FICCI

The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank's 7.2% projection, according to a survey by India's leading industry body.

Gold prices falls to near one-year low as ECB rate hike fears loom

Gold rates have slumped to a nearly one-year low over ECB rate hike fears. Oil prices have also followed suit

Oil prices slump over 3% as stockpiles, rate hikes stoke demand worries

By Shadia Nasralla

Top carmaker Maruti Suzuki hopes govt will support green tech beyond EVs

India's taxes on hybrid cars range as high as 43%, compared to the low rate of 5% for EVs, which also stand to benefit from billions of dollars in incentives to companies that build them domestically

Asia's central banks forced to play catch-up in global rush to raise rates

Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies

Biden stops short of declaring climate emergency, takes steps on wind power

"Climate change is literally an existential threat to our nation and to the world," Biden said

Hyundai Motor and its South Korean union agree on 9% wage hike deal

The union, one of the biggest in South Korea with more than 46,000 members, said that a total of 62% of its voting members approved the tentative agreement reached last week, while 38% rejected it

Copper rises from multi-month lows as upbeat sentiment lifts base metal

A weaker U.S. dollar in recent days has also helped metals, which are priced in the greenback, by making them cheaper for buyers with other currencies.

UK's Sunak and Truss go through to final stage of leadership contest

Former British finance minister Rishi Sunak and Foreign Secretary Liz Truss on Wednesday made it through to the final stage of the leadership contest to replace Prime Minister Boris Johnson

EU tells members to reduce gas consumption amid new Putin warning

Deliveries via Nord Stream 1, which accounts for more than a third of Russian gas exports to the EU, are due to resume on Thursday after a 10-day halt for annual maintenance

Nasdaq boosted by growth stocks after Netflix's upbeat forecast, jumps 1.8%

Netflix gains on customer growth forecast; Baker Hughes falls on bigger quarterly loss; Tesla to report earnings after market close

Boeing, Airbus secure Farnborough orders as sector stabilises

By Tim Hepher and David Shepardson

Wipro sees higher IT services revenue growth on strong deals pipeline: CFO

By Sethuraman N R and Nandan Mandayam

Dollar edges down vs euro as traders eye ECB's rate decision on Thursday

By Saqib Iqbal Ahmed