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India's pandemic death toll could be close to 5 mn, shows US study

The report by Washington-based Center for Global Development, co-authored by India's former CEA Arvind Subramanian, included deaths from all causes since start of the pandemic through June this year

EU proposes watchdog to halt firms supporting criminals, terrorists

Europe came under pressure to step up enforcement of its anti-money laundering rules

European Union begins real-time review of Sanofi-GSK Covid vaccine

Late-stage global trials for the protein-based coronavirus vaccine candidate began in May.

IMF urges countries to move from economic rescue to growth-oriented reforms

Improved competition policy frameworks such as those being debated in Europe and the United States can reduce the concentration of market power among a few firms

US housing starts rise, building permits fall to eight-month low

Though lumber prices are coming down from record highs, builders are paying more for steel, concrete and lighting, and are grappling with shortages of appliances like refrigerators.

Pandemic recovery to push greenhouse emissions to all-time high: IEA

The energy watchdog said the figure represented around a third of what it envisioned was needed in order to put the world on course to reach net zero emissions by mid-century.

Gold gains as rising Covid-19 cases drive safe-haven demand

By Arundhati Sarkar

Oil prices resume drop as Covid pandemic and supply concerns weigh

The Delta coronavirus variant is now the dominant strain worldwide, U.S. officials said on Friday.

Wall Street rises after steep selloff, strong results boost IBM

Nine of the 11 major S&P 500 sector indexes were trading higher, with the S&P 500 banks index rising 0.7%.

Jeff Bezos, world's richest man, carries out inaugural space voyage

The Amazon.com founder zoomed toward space with a hand-picked group; his younger brother, an 18-year-old from Netherlands, and an 82-year-old aviation pioneer from Texas

Jeff Bezos, world's richest man, boards Blue Origin spacecraft in Texas

The American billionaire is due to fly on an 11-minute voyage to the edge of space

Zomato raises $1.26 bn in IPO, valuation to reach $8 bn: Report

The company, which is backed by Ant Group, will be valued at up to $8 billion following the IPO which is the first for a food delivery group in India.

Jeff Bezos, world's richest man, set for inaugural space voyage

By Eric M. Johnson

Gold prices rebound on lower bond yields, Covid-19 Delta variant threat

Gold prices edged higher on Tuesday, supported by a drop in US bond yields and concerns over a relentless surge in Delta variant infections

Most institutional investors expect to buy digital assets, study finds

Seven in 10 institutional investors expect to invest in or buy digital assets in the future, although price volatility is the main barrier for new entrants, a study has found

Seven months and ticking, the case for keeping Powell as Fed chair builds

By Howard Schneider, Ann Saphir and Trevor Hunnicutt

India's microfinance sector hit as defaults surge in Covid pandemic

Loan collection efficiency across the total loan pool has fallen to about 70% from a peak of nearly 95% in March, analysts say, indicating a potential build up in stress.

Facebook seeks US FTC Chair Lina Khan's recusal in antitrust case

The FTC declined comment on the recusal petition. Two weeks ago Amazon, which is under investigation by the FTC, also asked for Khan to be recused

The great exit: Central banks line up to dial back emergency stimulus

Here's a look at who is tapering, who may raise rates first and who might be the last to call time on pandemic-era money-printing

European Union proposes world's first carbon border tax for some imports

A transitional phase from 2023-25 will see importers monitoring and reporting their emissions