Bloomberg

India seeks cheaper renewable power contracts to spur projects

About 90% of India’s electricity is sold to provincial distribution utilities through long-term contracts that run for as long as 25 years.

India favours easing inflation aim to support growth

A consumer-price inflation band tracked by the Reserve Bank of India may be relaxed further from the current 2%-6% range, said the people, who asked not to be identified citing rules.

Container shortage now becomes a big issue for India; threatening nascent export revival

Global trade is being roiled by a shortage of containers because dire predictions of a collapse this year that prompted carriers to cancel sailings have proved too pessimistic

Vedanta resources offers bond with one of highest yields in Asia

The firm is offering the securities with initial price guidance in the 14.5% area, according to a person familiar with the matter.

Short-term bonds make a comeback in India as RBI pledges abundant liquidity in banking

Traders were jittery going into RBI’s policy review as a range of overnight rates had dropped below the lower bound of the central bank’s rate corridor.

U.S. Stocks: This key sentiment indicator reaches its most bullish level in two decades

The level of indicator implies extreme positioning to the upside, as investors look beyond short-term uncertainty toward a continuing global recovery in 2021.

Google, Facebook win key concession in law to pay for news in Australia

The U.S. social media company has threatened to block Australians from sharing any news on its sites if the law is passed.

अर्थव्यवस्था संभालने के लिए बढ़ते घाटे के बावजूद खर्च में कटौती नहीं करेगी मोदी सरकार: वित्त मंत्री सीतारमण

India’s share market rally may now be fueled by banks as RIL stock takes a pause

The prospects for global recovery amid progress with Covid-19 vaccines has caused investors to shift focus from defensive growth stocks to cheaper economically sensitive shares.

FM Sitharaman assures India will spend money, not worry about widening fiscal deficit

“For the present, I’m not going to allow the fiscal deficit number to worry me because there is a need, and a clear need, for me to spend the money,” Sitharaman said.

US Stocks: Airbnb, DoorDash boost price ranges ahead of mega IPO week

Increasing the price range usually implies that the offering is being well-received among investors and demand is high.

एशिया के टॉप 20 अमीर परिवारों के पास 463 अरब डॉलर की दौलत, लिस्ट में मुकेश अंबानी फैमिली स​मेत 3 भारतीय परिवार

Shadow banks show signs of recovery as economy rebounds

The financiers also trimmed their debt piles, helping a gauge measuring their total outstanding debt burden to improve.

Tata group at crossroads: What to do with Vistara and AirAsia – go big, or bow out?

Tata Group’s two airlines -- AirAsia India and Vistara -- were struggling before the coronavirus pandemic.

An India quant fund beats Sensex by more than double amid pandemic; here’s where it invested money

The DSP Quant Fund has returned about 19% in 2020, compared with a 9.5% gain in the S&P BSE Sensex Index, which surged to an all-time high on Friday.

India accuses China of helping rebel groups on Myanmar border

The increased activity along the Myanmar border has sparked concern in New Delhi that India’s military is becoming stretched as tensions remain with China and Pakistan on other parts of its land border.

Why health-conscious consumers across the world are eating avocados like never before

No longer just a component of guacamole for parties, its use has broadened to salads, burritos and, of course, the hipster cliche of avocado toast.

US Markets: Stock rally reaches new highs on stimulus optimism

All major indexes for U.S. equities, the S&P 500, the Dow Jones Industrial Average, the Russell 2000 and the Nasdaq Composite Index closed at records.

Why are all the prominent Covid-19 vaccines developed by women?

To oversimplify, mRNA vaccines teach cells how to make a protein that triggers an immune system response, rather than injecting live or dead virus material.

US Stocks hold gains ahead of key data; Oil climbs

Global equities remain within a whisker of record highs as investors bet positive vaccine developments can help sustain an economic recovery next year.

US Treasury yield spikes – Know the impact on stocks, debt, gold and dollar

One of the clearest winners from a modest rise in Treasury yields could be equities, particularly those most exposed to a reflating economy.

Tata Group close to acquire BigBasket for $1.6 billion; negotiation on for stake size

The conglomerate is now negotiating how much stake it would purchase in Innovative Retail Concepts Pvt., which is commonly known as BigBasket.com, the person said, asking not to be identified discussing details of private tal

US Stocks: Risk-on mood powers S&P 500 and Nasdaq Composite to all-time highs

The risk-on mood powered the S&P 500 and Nasdaq Composite to all-time highs a day after posting double-digit gains last month.

US Stocks: Tesla S&P debut to come all at once, rippling across markets on December 21

Tesla’s market capitalization is larger than any other company had at its debut in the S&P 500.

Transporting Coronavirus Vaccine: ‘Mission of the Century’ for airlines to ship Covid vaccines

In cooled warehouses on the fringes of Frankfurt airport, Deutsche Lufthansa AG is preparing its depleted fleet for the gargantuan task of airlifting millions of doses of the vaccines meant to end the global pandemic.

Bitcoin is winning the Covid-19 monetary revolution

In “Shuggie Bain,” Douglas Stuart’s award-winning and harrowing depiction of alcoholism, sectarianism and deprivation in post-industrial Scotland, money is always scarce and often dirty.

India enters unprecedented recession with two consecutive quarters of GDP fall

The second straight decline in GDP pushes Asia’s third-largest economy into its first technical recession in records going back to 1996, when the nation first started reporting quarterly GDP numbers