US midterms 2026: US Supreme Court allows New Hampshire to restrict student IDs for voting

BCCI’s CoE cautious over Hardik Pandya’s fitness, sets expected comeback timeline

WATCH: Trump demands Ilhan Omar removal from Congress for 'using fake name to be sworn in'. So what is her real name?

ENG vs SL: Harry Brook’s 202 goes in vain as Sri Lanka pull off second-highest ODI chase

Saudi Arabia targeted yacht carrying 14 Indians in Red Sea, rescue underway, Houthis claim

Koffee With Karan 9: Rashmika Mandanna calls trolling over South Indian accent ‘unreasonable’

ENG vs SL: Harry Brook breaks Shubman Gill’s record for fastest ODI double century

A secret code, a midnight escape and 300 deaths: The Russian officer who turned on Putin

One man, 8 months of work, and a river dirty again: Why Bittu Tabahi may quit

New Friday OTT releases (October 23, 2026): Gajab Raat, Dorothy, Chaar Yaar- Watch these 6 new movies and TV shows on Netflix, Prime Video and more

'Vivek should keep it up': Trump defends Ramaswamy's controversial campaign ad targeting Amy Acton

Serbia elections: Nearly 150,000 people take to streets in massive rally against Aleksandar Vucic | In pics

Meghan Markle’s father Thomas under investigation over alleged child abuse images: Report

'This is despicable': Amy Acton hits back at Vivek Ramaswamy over Ohio campaign ad featuring her estranged mother

What is the ‘heat ray’ weapon? Pete Hegseth reportedly authorises DHS to test it at US-Mexico border

450 villagers in UP rush to take anti-rabies shots after consuming 'charnamrit'

Christa Pike's failed execution: Tennessee team struggled to insert IV lines, lawyer says

'It's a crime not to see this scene': Tehran puts Trump 'behind bars'

From Agni-V to Project Kusha: How are India’s indigenous missile systems and defence shield reshaping modern warfare

France reports first human case of livestock virus Shamonda, patient dies; what we know so far

Ilhan Omar breaks silence over alleged marriage to her brother; Trump thinks it's 'really good answer'

US midterms 2026: Elon Musk’s political spending hits $445 million as Republicans battle to retain Senate control

Netanyahu dials PM Modi, invites him and Capt Smit Machchhar to light torch on Israel’s Independence Day

Horrific video shows the moment 18-year-old fell to her death from Mexico amusement park ride

China's dancing robot turns violent bodyguard, lifts cars and fights intruders - Watch

US to get 850 F-35 stealth fighter jets under 10-year Pentagon-Lockheed deal

Trump ordered to answer questions under oath in BBC defamation lawsuit by December 11

Two BrahMos missiles on Tejas, triple the range and 100% indigenisation, says former BrahMos CEO

SA vs AUS 2nd Test: Temba Bavuma reveals 'Tendulkar inspiration' behind career-best 179

India-China face-off continues near Arunachal’s Taksing, reveals ITBP chief in first official confirmation of tensions

Watch: India rejects ‘imprecise and unsupported’ references in UN migrant rights report

Finance influencer dies by suicide in Chennai; father accuses tech CEO, who denies charge

Viral video shows cross falling on Colombia priest, no official confirmation | WATCH

GRAVITAS | Putin fires nuclear-capable hypersonic missiles, Zelensky ready to surrender 25% territory

Putin says Russia is ready to resume Ukraine-US peace talks but rejects 'short ceasefire' amid deadly attacks

Jobless rates were broadly expected to remain above pre-COVID-19 levels in coming years.

Global Economy to expand by 6% this year

GM's Super Cruise technology was announced in 2012 and has been used commercially since 2017, the automaker noted in a statement.

GM, Cruise sue Ford over use of BlueCruise name

Domestic equity markets started the day’s trade in the red amid mixed global cues but soon rebounded to turn green.

Nifty nears 15,900; Sensex sits in green, crosses 53,000

The luxury group said consolidated net sales had fallen 25 percent last year to 1.6 billion euros ($1.9 billion), with most of the decline occurring in the first half of 2020.

Armani sees return to Pre-Pandemic level sales

Benchmark indices ended lower in the volatile trade on July 26 with Nifty below 15,850.

The 30-share BSE barometer closed at 52,852 levels, down 123.5 points or 0.23 per cent, while its NSE counterpart shut shop 32 points or 0.2 per cent lower at 15,824-mark. The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

The Nifty energy index fell 1%, while the bank, auto, and PSU Bank indices also finished lower.

However, there was modest buying in the metal, pharmaceutical, and information technology sectors.&nbsp;

Indian rupee ended flat at 74.40 per dollar, amid volatile trade saw in the domestic equity market.

It opened marginally lower at 74.46 per dollar against Friday's close of 74.40 and traded in the range of 74.40-74.52.

(With inputs from agencies)

Benchmark indices ended lower in the volatile trade on July 26 with Nifty below 15,850. The 30-share BSE barometer closed at 52,852 levels, down 123.5 points or 0.

Benchmark indices ended lower in the volatile trade on July 26 with Nifty below 15,850. The 30-share BSE barometer closed at 52,852 levels, down 123.5 points or 0.23 per cent, while its NSE counterpart shut shop 32 points or 0.2 per cent lower at 15,824-mark. The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively. The Nifty energy index fell 1%, while the bank, auto, and PSU Bank indices also finished lower. However, there was modest buying in the metal, pharmaceutical, and information technology sectors. Indian rupee ended flat at 74.40 per dollar, amid volatile trade saw in the domestic equity market. It opened marginally lower at 74.46 per dollar against Friday's close of 74.40 and traded in the range of 74.40-74.52. (With inputs from agencies)

Sensex, Nifty end lower amid volatility

Larry Chen, a former schoolteacher from a remote Chinese hamlet who rose to become one of the world's wealthiest people, has lost his billionaire title as his online-education business suffers.

A number of concerns have buffeted the Chinese corporation, including the country's crackdown on online education, a weaker-than-expected results projection, and the implosion of an investor.

According to the Bloomberg Billionaires Index, Chen, the founder, chairman, and chief executive officer of Gaotu Techedu Inc., is now worth $336 million after shares in his online-tutoring firm dropped by nearly two-thirds in New York trading on Friday on reports of the regulatory revision.

China issued new regulations on Saturday prohibiting enterprises that teach school curriculums from profiting, acquiring capital, or going public.

It's the latest setback for Chen, who has lost more than $15 billion in value since Gaotu's stock plummeted in late January.

In recent years, China's for-profit tutoring business has been under increased scrutiny, with excessive workloads and prohibitive expenses of a "excellent" education being highlighted.

Many young Chinese have cited the cost of education as a factor for their unwillingness to have more children, even after China officially authorised all couples to have three children this year in an effort to combat population decline.

(With inputs from agencies)

Larry Chen, a former schoolteacher from a remote Chinese hamlet who rose to become one of the world's wealthiest people, has lost his billionaire title as his online-education business suffers.

Larry Chen, a former schoolteacher from a remote Chinese hamlet who rose to become one of the world's wealthiest people, has lost his billionaire title as his online-education business suffers. A number of concerns have buffeted the Chinese corporation, including the country's crackdown on online education, a weaker-than-expected results projection, and the implosion of an investor. According to the Bloomberg Billionaires Index, Chen, the founder, chairman, and chief executive officer of Gaotu Techedu Inc., is now worth $336 million after shares in his online-tutoring firm dropped by nearly two-thirds in New York trading on Friday on reports of the regulatory revision. China issued new regulations on Saturday prohibiting enterprises that teach school curriculums from profiting, acquiring capital, or going public. It's the latest setback for Chen, who has lost more than $15 billion in value since Gaotu's stock plummeted in late January. In recent years, China's for-profit tutoring business has been under increased scrutiny, with excessive workloads and prohibitive expenses of a "excellent" education being highlighted. Many young Chinese have cited the cost of education as a factor for their unwillingness to have more children, even after China officially authorised all couples to have three children this year in an effort to combat population decline. (With inputs from agencies)

Ex-teacher who became one of the world's richest is not even a billionaire now

As the world slowly opens to international travel interest, private aviation is also increasing. How has the premium private jet market handled the COVID-19 pandemic and how does the future look like? WION talks to Mr. Rob Dicastri, CEO of Royal Jet from Abu Dhabi on these issues.

World Business Watch: Record demand for private jet flights set to continue

US carriers American Airlines and Southwest Airlines posted quarterly profits helped by a bookings rebound and federal aid and vowed to resolve hiccups across their operations as passengers return in droves.

World Business Watch: American and Southwest airlines lifted by travel rebound

The US housing market appears to be straining under the weight of its own pandemic-driven success. Recent data shows the sector is returning from the stratosphere and coming back to pre-COVID levels.

World Business Watch: US housing market straining under pandemic-drives success

Mercedes-Benz maker Daimler plans to invest more than or $47 billion, between 2022 and 2030 to develop battery-electric vehicles and be ready for an all-electric car market by 2030.

World Business Watch: Mercedes-Benz aims to go all-electric in 2030

Elon Musk said that electric-car maker Tesla will most likely restart accepting Bitcoin as payment once it conducts due diligence on the amount of renewable energy used to mine the currency.

World Business Watch: Elon Musk says Tesla 'most likely' to restart accepting Bitcoin

IMF Managing Director Kristalina Georgieva said that the International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same as forecast in April, but with some countries growing faster and others more slowly.

World Business Watch: IMF to keep 2021 global growth forecast at 6% says Kristalina Georgieva

Asian stocks rallied on Thursday, bonds nursed losses and oil held onto sharp gains as investors seemed to set aside virus jitters for now and looked ahead to the European Central Bank for reassurance that policy support will continue for some time.

Global Markets: Stocks shrug off virus worries, investors looking ahead to ECB

Volvo Cars have struck a deal to takeover parent company Zhejiang Geely Holding from their joint ventures in China. Volvo now aims to take full ownership of its facilities in China, manufacturing of its vehicles, and sales in the Chinese market.

World Business Watch: Volvo cars to buy Geely Holding's stake from joint ventures in China

The European Commission proposed to update the European Union's anti-money laundering regulations and strengthen control over the movement of crypto assets.

World Business Watch: Cryptoasset transfers to be difficult in European Union

CEO Elon Musk said that Tesla Inc plans to open its network of superchargers to other electric vehicles later this year. The electric-car maker's fast charging network, with over 25,000 superchargers globally, has given it a competitive edge.

World Business Watch: Tesla plans to open its charging network to other EVs

Japan's exports jumped in June led by United States demand for cars and China-bound shipments of chip-making equipment, supporting hopes for an export-led recovery in the world's third-largest economy.

World Business Watch: Japan's exports jump on solid United States and China demand

Taiwan’s export orders grew by more than expected in June and the government said the outlook for the island’s tech goods remains strong on demand for high-end chips.

World Business Watch: Taiwan export orders expand for 16th month

Rating agency Crisil Ratings Wednesday said collection ratios in securitised pools have seen a dip during the second wave of the Covid-19 pandemic.

The agency said unlike in the first wave, the decline in the second wave has not been as sharp for two reasons - localised restrictions limited the impact on business activity, and lack of moratorium from lenders meant that borrowers could not postpone their debt repayments.

Its Senior Director and Deputy Chief Ratings Officer Krishnan Sitaraman said in the first wave, collections fell as the majority of borrowers availed of moratorium relief and collections staff were unable to move around due to the stringent lockdowns.

"This prompted many financing entities to explore digital collection – an avenue that has played an important role in preventing a similar fall in collections during the second wave," he said.

Securitisation is the process of pooling and repackaging of homogenous illiquid financial assets into marketable securities that can be sold to investors.

Non-banking financial companies (NBFCs) have been also reworking their collection process since the onset of the pandemic by increasingly adopting electronic modes such as auto-debit, payment gateways and dedicated applications, the agency said in a report.

Such productivity enhancement was one of the reasons for the sharp recovery in collection ratios of securitised pools during the second half of last fiscal, it said.

"As more businesses set up online modes for business continuity, their cash flows become less prone to disruption," the report said.

Mortgage loans remained the most resilient of all asset classes.

The agency said while commercial vehicle loans saw a dip in median collection ratios of almost 11 percentage points in May 2021, it expects the collections to improve going forward in line with the recovery expected in the economic activity.

MSME (micro, small and medium enterprises) and microfinance borrowers are relatively more vulnerable and pools comprising these asset classes reflect as much with decline in median collection ratios in May 2021 of 12 percentage points and 6 percentage points, respectively, it said.

The report said as the second wave subsides, financing institutions are expected to make their business models more robust to incorporate resilience to such disruptions in their normal course of business.

While the focus is on collections from borrowers, lenders would benefit also by evolving suitable business models embracing digitisation for origination as well, it said.

"While the country moves towards pre-pandemic normal in several other aspects, digital collections are expected to continue, and digital originations may also make their way, given the low cost of managing these and the ease they offer to borrowers," the agency''s Senior Director Rohit Inamdar said.

Rating agency Crisil Ratings Wednesday said collection ratios in securitised pools have seen a dip during the second wave of the Covid-19 pandemic. The agency said unlike in the first wave, the decline in the second wave has not been as sharp for two reasons - localised restrictions limited the impact on business activity, and lack of moratorium from lenders meant that borrowers could not postpone their debt repayments.

Rating agency Crisil Ratings Wednesday said collection ratios in securitised pools have seen a dip during the second wave of the Covid-19 pandemic. The agency said unlike in the first wave, the decline in the second wave has not been as sharp for two reasons - localised restrictions limited the impact on business activity, and lack of moratorium from lenders meant that borrowers could not postpone their debt repayments. Its Senior Director and Deputy Chief Ratings Officer Krishnan Sitaraman said in the first wave, collections fell as the majority of borrowers availed of moratorium relief and collections staff were unable to move around due to the stringent lockdowns. "This prompted many financing entities to explore digital collection – an avenue that has played an important role in preventing a similar fall in collections during the second wave," he said. Securitisation is the process of pooling and repackaging of homogenous illiquid financial assets into marketable securities that can be sold to investors. Non-banking financial companies (NBFCs) have been also reworking their collection process since the onset of the pandemic by increasingly adopting electronic modes such as auto-debit, payment gateways and dedicated applications, the agency said in a report. Such productivity enhancement was one of the reasons for the sharp recovery in collection ratios of securitised pools during the second half of last fiscal, it said. "As more businesses set up online modes for business continuity, their cash flows become less prone to disruption," the report said. Mortgage loans remained the most resilient of all asset classes. The agency said while commercial vehicle loans saw a dip in median collection ratios of almost 11 percentage points in May 2021, it expects the collections to improve going forward in line with the recovery expected in the economic activity. MSME (micro, small and medium enterprises) and microfinance borrowers are relatively more vulnerable and pools comprising these asset classes reflect as much with decline in median collection ratios in May 2021 of 12 percentage points and 6 percentage points, respectively, it said. The report said as the second wave subsides, financing institutions are expected to make their business models more robust to incorporate resilience to such disruptions in their normal course of business. While the focus is on collections from borrowers, lenders would benefit also by evolving suitable business models embracing digitisation for origination as well, it said. "While the country moves towards pre-pandemic normal in several other aspects, digital collections are expected to continue, and digital originations may also make their way, given the low cost of managing these and the ease they offer to borrowers," the agency''s Senior Director Rohit Inamdar said.

Securitised pool collection ratios dip during second Covid wave: Crisil

According to the data released by the Directorate General of Civil Aviation (DGCA), India's domestic air passenger traffic grew 47 per cent in June as compared to May.

World Business Watch: India air passenger traffic grows 47% in June

Suzuki Motor will enter the electric vehicle (EV) market by 2025 starting in its stronghold market, India. Reports say the automaker plans an all-electric compact model to be made available for around $13,600 after government subsidies are taken into account.

World Business Watch: Suzuki to enter electric vehicle market by 2025, starting with India

Closing out its worst day since March this year oil prices slumped $5 a barrel on Monday, after an OPEC+ agreement to boost output stoked fears of a surplus just as rising COVID-19 infections once again threaten demand.

World Business Watch: Oil prices slip after OPEC and allies reach deal to boost supply

Japan's core consumer prices rose 0.2% in June from a year earlier to mark the fastest annual pace in over a year, in a sign that the impact of global commodity inflation was gradually broadening.

World Business Watch: Japan's core inflation hits 15-month high on energy costs

At a time Indian markets are hovering around new peaks, we talk to experts to ask them if the markets are overvalued, is it a bubble waiting to burst, or is this a rally driven by strong fundamentals. We also ask experts about the potential of Indian unicorns that are trying to unlock value through the listing.

Are stock markets overvalued? Will it be easy to pass the market bubble?

According to a report, the proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third in the five years since the government launched an initiative to improve gender balance in the sector.

World Business Watch: Report says women make up nearly a third of financial service firm boards

Minneapolis Federal Reserve President Neel Kashkari said many US economic sectors faced rapidly rising prices and were struggling to adjust to reopening after the shutdown.

World Business Watch: Fed's Kashkari says many US sectors struggling to adjust to reopening