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How may Bharti Airtel and Voda Idea stocks perform in the near term?

Despite an ongoing recovery in the telecom sector, analysts believe the stock performance of Vodafone Idea and Bharti Airtel may remain sluggish in the near term. Details here

What is a black swan event?

In a Reserve Bank of India paper, the authors allude to the risk of black swan event, saying that it may lead to outflows of Rs 7.8 trillion from India. What are black swan events? We explain it here

Big banks led by JPMorgan likely to return $80 billion to investors

JPMorgan Chase & Co. is set to lead the group with $18.9 billion in combined dividends and share buybacks

US existing home sales drop to two-year low in May, shows data

Existing home sales fell 3.4 per cent to a seasonally adjusted annual rate of 5.41 million units last month

Kellogg to split into three; to focus on snacks, cereals and plant foods

Kellogg will focus on its other verticals on priority after the split is officiated. The name of the independent verticals have not been decided yet

Desperate Chinese property developer willing to 'swap wheat for house'

Property developers are scrambling to boost sales after a nosedive in transactions in January to May amid China's strict Covid-19 curbs

Moscow fumes after European Union cuts off some shipments: Reuters

On the ground in eastern Ukraine, Russia's separatist proxies said they were advancing towards Kyiv's main battlefield bastion

Biggest rail strike in 30 years over pay and jobs brings UK to standstill

Picket lines appeared at dawn and will be lined by some of the more than 40,000 rail workers who are due to strike on Tuesday, Thursday and Saturday, bringing the network to a standstill

Oil turbulence may last five years, says ExxonMobil CEO Darren Woods

He also pointed out that ExxonMobil is one of the few companies in the US actively investing in refining and had started an aggressive investment programme since 2017

Tesla to slash salaried staff by about 10% in the next three months

Overall reduction to be 3.5% as hourly staff expected to grow

Qatar Economic Forum: Musk, Roubini, Goldman warn of US recession risk

SpaceX boss says 'a few unresolved matters' remain on Twitter deal

CBI arrests Jt Drug Controller, Biocon Biologics execs over fishy approvals

All five apprehended will be presented in court on Tuesday afternoon, agency to seek police custody

Maharashtra govt may be on brink of collapse as Sena sacks rebel minister

This move may be a possible step to bring down the Shiv-Sena-led Maharashtra Vikas Aghadi (MVA) coalition government

The duality of India

The relative calm in southern states, while the north of the country sees frequent protests should be a cause for concern

Go First to resume Srinagar-Sharjah services by the end of this month

The airline said it has recently received the bilateral rights to operate five flights per week on the Srinagar-Sharjah-Srinagar route and is awaiting the final approval

PVR, Inox get SEBI nod for merger to create India's largest multiplex chain

PVR promoters will have a 10.62% in the combined entity; Inox's side will have a 16.66%

In five years, 39% mobile users in India will use 5G, says Ericsson report

Sees half a billion such users by 2027, high growth in number of smartphone users and spike in average usage per smartphone

Indices extend gains but rupee hits a fresh low; Sensex surges 934 points

Market players also attributed technical factors to the rebound and said it is too early to call it a reversal in fortunes

Inverted duty correction on GST Council's agenda in next week's meeting

GST Council may discuss easing of registration norms for e-sellers

Mulling smaller stores in other cities to expand India biz: IKEA chief

In a Q&A, Susanne Pulverer says the Swedish firm aims at 5 mn footfalls at its new mega store in Bengaluru this year