Many protesters dislike the new president, but MPs felt his experience was vital given the country's dire economic state. IMF says it hopes to complete bailout talks with Sri Lanka as soon as possible

The Kerala High Court ordered that the Maia-1 be detained until it pays 1.9 million rupees (about $23,500) to an Estonian firm, Bunker Partner

India has cut a windfall tax levied on oil companies and kept petrol out of an export levy less than a month after it introduced the two regulations.

 The rupee has lost more than 6% against the dollar so far this year as investors cool on Indian assets amid rising crude prices, a deteriorating trade balance and strong dollar.

Sitharaman said because cryptocurrencies are borderless, any legislation to regulate or ban such assets will only be possible through global collaboration.

The partially convertible rupee extended its record-setting spree against the dollar, hitting an all-time low for the seventh straight session

The Indian government also plans to set up a regulatory framework for carbon trading, the report said

Education startups, including Scaler, Byju's, Emeritus and Simplilearn, attracted $8.5 billion in investments during 2014-2021, with almost half of that last year

The tech firm wrongfully used duty exemptions for items imported for use in mobile phone production, said India's Directorate of Revenue Intelligence

The long-running fight over imports of alcoholic beverages has progressively worsened since it began in the 1990s, the company said

The world's population will reach 8 billion people in November, but India and China are moving in opposite directions, a UN report said.

Covid curbs in Shanghai reignited worries of a wider economic disruption, while possible delisting risks of major Chinese firms from US exchanges dragged Hong Kong shares to a six-week low.