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Since the year pandemic hit, average daily UPI transactions up over 8x
1 min read Last Updated : Oct 02 2024 | 11:28 PM IST Average daily transactions on India’s unified payments interface (UPI) surged over…
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NFRA to seek views from Big 5 audit cos on second draft inspection report
3 min read Last Updated : Oct 02 2024 | 11:25 PM IST The National Financial Reporting Authority (NFRA) will soon seek comments from Big…
Business
Banks to seek govt guarantee on equity conversion before lending to Vi
Premium Illustration: Ajay Mohanty 4 min read Last Updated : Oct 02 2024 | 11:18 PM IST Some public sector banks are planning to seek…
Business
Pharmaceutical firms up their game to crackdown on spurious drugs
4 min read Last Updated : Oct 02 2024 | 11:03 PM IST Indian pharmaceutical companies are stepping up their efforts to combat the problem…
Business
New external members of RBI's MPC likely to keep markets guessing
6 min read Last Updated : Oct 03 2024 | 12:49 AM IST The three new external members of the Reserve Bank of India (RBI)’s Monetary Policy…
Business
India's brain gain: 40 Indian univ alumni join US unicorn founders club
2 min read Last Updated : Oct 02 2024 | 10:47 PM IST US startup unicorn founders who studied in India, Israel, and Canada compete for top…
Business
LSEG platform users report outage across globe after Wall Street open
LSEG has suffered outages in the past, including in July, when a global cyber breakdown hampered operations at banks. | Image: Bloomberg 1…
Business
Microsoft to make 4.3 billion euros AI, cloud investment in Italy
MICROSOFT plans to invest 4.3 billion euros (S$6.1 billion) over the next two years to strengthen its artificial intelligence (AI) and…
Business
Toyota boosts investment in air taxi maker Joby Aviation
TOYOTA Motor is boosting its investment in air taxi manufacturer Joby Aviation by US$500 million to support plans for commercial…
Business
Starbucks new CEO wastes no time in overhauling executive ranks
STARBUCKS’ new chief executive officer Brian Niccol is wasting no time rearranging the company’s top ranks, undoing some leadership…
Business
Sebi's six-step measures seen making a dent in F&O volumes by up to 40%
4 min read Last Updated : Oct 02 2024 | 7:48 PM IST The Securities and Exchange Board of India’s (Sebi) six-step plan to curb retail…
Business
GIC agrees to buy 25% stake in EQT-backed waste company Reworld
The waste solutions provider serves municipal, residential, commercial and industrial customers in North America SINGAPORE’S sovereign…
Business
US dollar holds gains as war widens in Middle East, rallies against yen
THE US dollar held on to its biggest gains in a week on Wednesday (Oct 2) after an Iranian missile attack on Israel drove the buying of…
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Doctor charged in Matthew Perry's death case expected to plead guilty
Chavez admitted in his plea agreement that he obtained ketamine from his former clinic and from a wholesale distributor where he submitted…
Business
Japan’s US$4 trillion ‘carry trade’ begins to slowly unwind
JAPAN’S investors are starting to lose their decades-long infatuation with overseas assets. In the first eight months of the year,…
Business
Microsoft releases Windows 11 24H2 (2024) update: Check what's new and more
2 min read Last Updated : Oct 02 2024 | 3:40 PM IST Microsoft has announced the rollout of the Windows 11 version 24H2 update to users.…
Business
UK's JD Sports shrugs off Nike woes with multi-brand approach
Other labels such as Adidas, On and Hoka are helping the company outperform the market, chief executive says BRITISH sportswear retailer…
Business
Hong Kong equities soar on China stimulus; property, financial stocks lead rally
CHINESE property and financial companies led rally in Hong Kong stocks on Wednesday (Oct 2), as Beijing’s stimulus measures and easier…
Business
Vistara experience to remain; services to have 'AI2' prefix: Air India
"Though the legal entities and Air Operator Certificates will become one on 12 November, the Vistara experience will remain. (Photo: PTI)…
Business
S$67 billion: That’s the value of gold, silver in Singapore’s Fort Knox when fully stored
Storage facilities are enjoying a gold rush as the rich turn to physical bullions amid geopolitical turmoil DEMAND for special storage…
Business
Dyson, Shein, Ninja Van layoffs: What rights do workers have when the axe falls?
A SURPRISE move on Oct 1 by consumer electronics giant Dyson to retrench staff has put the topic of layoffs in the spotlight again. A…
News
Lebanese emergency services are overwhelmed, need better gear to save lives
When Israel bombed buildings outside the southern Lebanese city of Sidon, Mohamed Arkadan and his team rushed to an emergency unlike…
Business
Hedge funds pile into China looking for any way to gain exposure
HEDGE funds are piling into Chinese stocks at a record pace on bets Beijing’s stimulus blitz will speed up the recovery of the nation’s…
Business
Chinese kitchenware maker Carote surges at debut in Hong Kong
CHINESE kitchenware firm Carote rose 64 per cent at its listing debut in Hong Kong on Wednesday (Oct 2), reinforcing perceptions that the…