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Analysis: GameStop saga expected to revive scrutiny of hedge fund industry

Scrutiny of the non-bank financial sector was already expected to be high on newly appointed Treasury Secretary Janet Yellen's agenda

Indian Oil may form subsidiary for retail assets to unlock value

IOC operates a pipeline network of 14,600 kilometres

India's Oct-Jan sugar output jumps 25% to 17.7 million tonnes: Trade body

Production jumped in Maharashtra, a leading trade body said

Wider fiscal deficit, consolidation could pressure India's ratings: Fitch

Fitch had placed India's "BBB-" rating on a negative outlook in June 2020 due to the pandemic's impact on growth prospects and the challenges of the high debt burden

Google to spend $3.8 million to settle pay, job discrimination case

The allegations stemmed from a routine compliance audit several years ago required by Google's status as a supplier of technology to the federal government

All eyes on Alphabet's first-ever disclosure of Google Cloud profit

Alphabet will provide a detailed annual breakdown for Cloud going back three years

Chinese state newspaper omits Jack Ma from list of entrepreneurial leaders

China's best known businessman was not mentioned in an front-page article published by the Shanghai Securities News

Indian shares sharply extend post-budget gains led by HDFC Bank advances

The NSE Nifty 50 index rose 2.14% to 14,586.55 by 0352 GMT, while the benchmark S&P BSE Sensex was up 2.1% at 49,621.80

US: Fed policy makers, like lawmakers, split on need for more fiscal aid

The United States has been devastated by COVID-19, with more than 26 million Americans infected so far, and more than 441,000 dying in total

Oil prices rise by 1% as producers commit to slashing fuel output

Brent crude was up 51 cents, or 0.9%, at $56.86 a barrel by 0134 GMT, while U.S. oil gained 53 cents, or 1%, to $54.08 a barrel

Emerging markets stocks, bonds saw $53.5 billion inflows in January: IIF

It is the tenth consecutive month of net positive flows to emerging markets

Myanmar coup to dampen US trade, impact footwear companies, experts warn

Total trade in goods between Myanmar and the United States amounted to nearly $1.3 billion in the first 11 months of 2020,

Robinhood raising more debt to fulfill Reddit-fueled order frenzy: Report

The capital raised would be separate from the $3.4 billion in financing that Robinhood announced on Monday it had secured from its investors since Jan. 29

Ford Motor Co, Google join hands to offer cloud-based data services

Ford will offer its customers built-in Google apps, including its map and voice technology. It will deploy Google artificial intelligence technology to improve the efficiency of vehicle development

Asian markets modestly firmer as global retail frenzy unsettles outlook

Institutional investors are still digesting the retail trading frenzy that has boosted GameStop Corp and other so called meme stocks in recent sessions against their financial fundamentals

Ford, Alphabet's Google join hands to offer cloud-based data services

As part of a six-year partnership, the Dearborn, Michigan-based automaker will incorporate the tech giant's Android operating system into its Ford and Lincoln vehicles starting in 2023

Wall Street opens higher as retail trading frenzy moves to silver

Wall Street's main indexes opened higher on Monday

Budget 2021: FDI cap hike in insurance set to attract US, European firms

The country's investment promotion agency, Invest India, expects the insurance market to be worth around $250 billion by 2025

Nintendo hikes Switch sales forecast after bumper year-end

The Kyoto-based firm said it sold 24.1 million hardware units in the first nine months of the financial year through March 2021 - more than its previous full-year forecast

India slashes basic import duty on crude palm oil to 15% from 27.5%

India cut the basic import duty on crude palm oil (CPO) to 15% from 27.5% earlier, Finance Minister Nirmala Sitharaman said on Monday