Asian stock markets faced total outflows of $69.7 billion in the first three quarters of 2022, well in excess of the $47.6 billion in outflows in 2008, when the global financial crisis occurred
Currently, HP and Dell dominate laptop sales in India, but the sector could expand another 15% with the addition of JioBook, a Counterpoint analyst said.
Smartphone maker Xiaomi said on Sunday it continue to protect its interests, after voicing disappointment with an Indian order to freeze $682 million of its assets
US Treasury has imposed sanctions on an Indian petrochemical firm and groups in the UAE and Hong Kong for secret deals that funded the shipping of Iranian oil products to South and East Asia
Asian markets had a mixed day on Friday with most markets down, bar India. Overall, equity investors experienced their worst month since the onset of the Covid-19 pandemic
This was the fourth straight increase, as policymakers extended their battle to tame stubbornly high inflation and analysts said further tightening is on the cards.
Mergers and acquisitions involving firms in China have sunk by a third this year, in line with a global decline, but private equity groups are now eyeing possible deals in India and SE Asia
Mashreq Bank in Dubai declined a request to take payments from at least Indian two refiners in Emirati dirhams, forcing the buyers to pay for crude in US dollars, sources say
Tata leads India's EV market, helped by government subsidies and high tariffs on imports, but EVs only make up 1% of all cars sold in the country
Adani said 70% of the $100 billion-plus his group will invest over the next decade will go to "energy transition", adding that they are already the world’s largest solar player
Companies such as Samsung, Xiaomi and Apple fear elevated costs and disruptions as the move requires hardware changes. They want the compliance date set back to 2025
IDFC First Bank says the rupee could hit 82.50 to the dollar by March as the dollar is likely to stay strong, while India's trade deficit is expected to widen