News
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Russia economy to contract 10%, Ukraine's 20% due to war: EBRD
Russia's invasion of Ukraine has caused "the greatest supply shock" in 50 years, the European development bank said Thursday while predicting how the war will hammer both economies
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Axis Bank to buy out Citi India's consumer banking business for $1.6 bln
Deal will help Axis close the gap with peers HDFC Bank, ICICI Bank, but the bank will face a steep challenge of retaining talent and clients in a tough business environment
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Sri Lankans stand, sweat and seethe as economy grinds to a halt
A critical lack of foreign currency has left the island nation unable to pay for vital imports, leading to dire shortages in everything from life-saving medicines to cement
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Palace of Versailles reopens room where French democracy was founded
The room was made in 1686 for Louis XIV to play Jeu de Paume—also known as "real tennis", an early version of the modern game. But more than a century later, it became the unlikely venue for a key moment of the French Revolution
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"Keep a close watch" on companies' structures: IL&FS chairman Kotak tells regulators
The institution has so far resolved debt of around Rs 55,000 crore; another Rs 6,000 crore likely to be completed in FY23
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As Ukraine sowing season starts, fuel shortages threaten food supply
Ukraine, the world's top producer of sunflower oil and a major exporter of wheat is a breadbasket of the world under threat from the Russian invasion
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Cairo to Kyiv: Social media's rocky ride through conflict zones
The Ukraine war marks the expansion of social media in conflicts from a tool of the outsider to a genuinely ubiquitous presence. But the tortuous history of its relations with protest movements and governments—from 2011's Arab Spring to Myanmar today—suggests Ukraine will have to fight to hold on to its gains
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Microplastics have entered the human bloodstream
The tiny pieces of mostly invisible plastic have already been found almost everywhere else on Earth, from the deepest oceans to the highest mountains as well as in the air, soil and food chain
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Money at the heart of international efforts to save nature
Can humanity curb spending that harms the world's biodiversity and instead focus funding on protecting it? That question is at the heart of international negotiations in Geneva, which will set the stage for a crucial United Nations COP 15 biodiversity summit in China later this year
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Public spotlight of shame on companies sticking with Russia
Yale University expert on management and leadership Jeffery Sonnenfeld has them on a list publicly posted for consumers and investors around the world to see--the idea being that the shame will make these businesses change course and leave Russia
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Taliban bans Afghan women from flying without male relative
First a ban on public appearances of women without a male relative, then school shutdown for girls, now the Taliban has ordered airlines to stop women from boarding flights unless accompanied by a male relative