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Govt to revamp infrastructure lender IFCI by shutting its lending ops

The government plans to infuse Rs 500 crore into IFCI this year

Russian forces advance in Ukraine at fast pace, moving into Kurakhove

The report noted recent confirmed battlefield gains near Vuhledar and Velyka Novosilka, which are in the Donetsk region

Tech giant Huawei launches Mate 70 smartphone as new US chip curbs loom

The Mate 70 is the first mainstream smartphone to include a satellite paging system, has an improved processor and runs on Huawei's own HarmonyOS Next operating system

Disney settles lawsuit for $43 million over alleged gender pay disparity

As part of the settlement, Disney has agreed to retain a labour economist for three years to analyse pay equity

Walmart to roll back diversity policies amid pressure from conservatives

The retailer will scale back racial equity training, stop participating in rankings by an LGBTQ advocacy group and review its support for Pride and other events

UK based Vedanta Resources accepts $800 million in bids for dollar bonds

Citigroup, Barclays, Deutsche Bank, JPMorgan, and Standard Chartered Bank were the joint global coordinators and lead managers for Vedanta's dollar bond

Russia vows stronger ties with Afghanistan, says US should help rebuild

Taliban leaders asked Shoigu to help them ease the pressure imposed by US sanctions against the Kabul government

Brazil anti-trust body rules Apple must lift restrictions on in-app payment

Cade ruled that Apple must allow app developers to add tools so customers can buy their services or products outside the app

UK govt outlines first steps in new plan to get more people back into work

Britain is the only major economy where the inactivity rate remains above its pre-Covid-19 levels

Zoom raises annual revenue, profit forecasts, expands share repurchase

Shares of the company were down around 3 per cent in extended trading after closing up over 3.5 per cent

Here's what Trump 2.0 could mean for trade, migrants, and climate change

Trump on Monday pledged to impose tariffs on the United States' top three trading partners including a 25 per cent tariff on all products from Mexico and Canada

TikTok decision expected soon as Jan 19 divestment deadline looms

President-elect Donald Trump has said he will not allow TikTok, which is used by 170 million Americans, to be banned

Sluggish demand likely weighed on India's GDP growth in Sept quarter: Poll

Passenger vehicle sales recorded their first decline in 10 quarters and sales of two-wheelers experienced a sharp slowdown

Fitch puts some Adani bonds on negative watch after US SEC bribery charges

US prosecutors have charged billionaire Gautam Adani, the group's founder, his nephew Sagar Adani and six others for their alleged roles in a $265-million scheme

No one will win a trade war, China says after Trump tariff threat

Trump said he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States

Andhra govt mulls next steps on Adani, if power deal can be scrapped

Andhra Pradesh's state government was digging into all the internal files from the previous administration, under which the alleged misconduct took place

Oil falls more than 2% after reports of possible West Asia peace deal

Israel said on Monday it is moving toward a ceasefire in the war with Hezbollah but there are still issues to address

UniCredit irks Rome with $11 bn Banco BPM swoop after German backlash

Italy's Economy Minister Giancarlo Giorgetti told reporters the government would review the bid under rules designed to give Rome power to shield key assets

'Gorilla glass' maker Corning bids to settle European Union antitrust case

The European Commission earlier this month launched an antitrust investigation over Corning's exclusive supply deals that may exclude rival glass producers from large segments of the market

China injects $124 bn into banking system via one-year policy loans

The People's Bank of China (PBOC) lent the medium-term facility (MLF) loans to financial institutions at 2%, the central bank said