MUMBAI NETWORK

The incoming chief of the World Trade Organization has a reputation for shaking up the guardians of wealth and power that will come in handy in her new role. During Ngozi Okonjo-Iweala’s effort to root out corruption during her first stint as Nigeria’s finance minister, opponents of her plans nick­named […]

The US President said the new relationship he wants to forge with Xi Jinping need not be one of conflict. President Joe Biden says China is in for “extreme competition” from the US under his administration, but that the new relationship he wants to forge need not be one of […]

British Prime Minister Boris Johnson said on Monday that he was confident that both the AstraZeneca and Pfizer Covid-19 vaccines helped prevent death and grave illness, and that medicine was slowly gaining the upper hand over the coronavirus. “We think that both the vaccines that we’re currently using are effective […]

SoftBank Group Corp Chief Executive Masayoshi Son boasted of delivering “golden eggs” on Monday, after his company’s Vision Fund unit rebounded from a loss to record an 844 billion yen ($8 billion) third quarter profit. The profit marks a sea change from a year earlier when high-profile misses such as […]

TikTok is planning an aggressive expansion into e-commerce in the US, the Financial Times reported, citing people who have seen the social media app’s plans for new features it will introduce this year. Among those features is a tool that allows TikTok’s most popular users to share links to products […]

South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker’s shares skidding. Wiping $3 billion off its market value, Hyundai’s stock slid 6.2 per […]

Speaking in the Rajya Sabha on Monday, Prime Minister Narendra Modi once again offered to hold talks with agitating farmers, while expressing the Centre’s willingness to amend the three farm laws in a bid to end the protests at Delhi’s borders. “We urge those sitting on the agitation that even […]

The bond market is getting ready for another year of below 6 per cent yields on 10-year instruments after the Reserve Bank of India (RBI) gave signals about its displeasure of higher rates. The central bank on Friday devolved nearly the entire bond auction on primary dealers, as the markets […]

Rescue workers on Monday began efforts to open a blocked tunnel of NTPC’s 480 Mw Topovan Vishnugaud hydel project in the disaster-hit Uttarakhand in a desperate attempt to rescue 25-35 trapped people, a day after it was dented by the deluge on Sunday morning. The state government reviewed its list […]

With Union Finance Minister Nirmala Sitharaman declaring Rs 1.97 trillion worth of sops as part of the production-linked incentive (PLI) scheme and the government expanding it to include televisions, air conditioners, and food processing, the Atmanirbhar Bharat programme has got a big push. However, this is not the first time that such measures to […]