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Subscribe to enjoy similar stories. As ‘thank God it’s Friday’s resounds across offices, Stephen Fernandes is packing away his laptop after a long day. His day as a DevOps engineer may be done, but his day as a sound engineer is only getting started as he heads into sound check and rehearsals for a local band in Mumbai.

Subscribe to enjoy similar stories. MUMBAI : The Union Budget, once the single biggest policy trigger for Indian stock markets, has increasingly become a non-event in recent years. But the muted reaction on Budget Day reflects a deeper shift.

Subscribe to enjoy similar stories. Axis Bank Ltd is still evaluating multiple options to infuse capital into its consumer lending subsidiary Axis Finance, with the process “very much ongoing", according to a top executive. “Nothing is off the table" when it comes to shoring up capital at Axis Finance, said executive director Subrat Mohanty in the post-earnings conference call of the bank on Monday.

Subscribe to enjoy similar stories. Vibe coding has triggered a fundraising frenzy in India and the US over the past six months. Startups have been raking in large cheques, some at valuations in the billions.

Subscribe to enjoy similar stories. China’s senior-most general is accused of leaking information about the country’s nuclear-weapons program to the U.S. and accepting bribes for official acts, including the promotion of an officer to defense minister, said people familiar with a high-level briefing on the allegations.

Subscribe to enjoy similar stories. In September, President Trump’s pick to oversee banking supervision at the Federal Reserve met with the top officials from the central bank’s 12 regional districts and delivered a rebuke. The staff of the Fed’s quasi-independent regional banks are the ones who conduct most of its banking exams, ensuring the nation’s financial institutions are stable.

Subscribe to enjoy similar stories. India’s government issued policy guidelines last week to boost the financial prudence of loss-making power distribution utilities. The National Electricity Policy (NEP) of 2026 has measures aimed at closing avenues for errant regulators and utilities under state governments to skirt consumer tariff revisions in line with their cost of power supply.

Subscribe to enjoy similar stories. Americans pay about three times what other wealthy nations do for branded prescription drugs. For years, policymakers have tried to fix this by cutting U.S.

Subscribe to enjoy similar stories. The US has formally withdrawn from the World Health Organization (WHO), a year after President Donald Trump signed an executive order to begin the process.

Subscribe to enjoy similar stories. MUMBAI: JSW Steel, India’s largest steelmaker by capacity, is accelerating its expansion plans and now expects to reach around 56 million tonnes per annum (mtpa) by FY31, overshooting its earlier guidance of 50 mtpa, according to the company’s top executive. The higher target comes as the company emerges from a period of weak steel prices and margin pressure, even as it steps up efforts to secure raw materials and looks for early signs of a recovery in demand.

Subscribe to enjoy similar stories. Humankind has shown broad acceptance of three different kinds of currencies: widely-acceptable fiat currency (like the dollar or Indian rupee), extinct commodity-based currency (gold and silver coins, or even wheat bushels) and an emerging class of digital currency (such as stablecoins or central bank digital currencies or CBDCs). A fourth class of currency is being minted and popularized by US President Donald Trump: influence.

Subscribe to enjoy similar stories. The public debate over the gig economy over the past week has centred around the tough working conditions and sharp management practices of the delivery-platform industry. Personal anecdotes and newspaper reports have highlighted how despite working hard and long to satisfy performance algorithms, gig workers earn just enough to eke out a living.

Subscribe to enjoy similar stories. India slipped to the sixth position on Mint’s emerging market tracker in December 2025, as weakness across multiple external indicators dragged its composite score lower despite continued strength in broader economic growth and manufacturing activity. This marked the worst performance since February 2025, when the same indicators emerged as weak spots.

Subscribe to enjoy similar stories. In the year commemorating the 250th anniversary of the signing of the Declaration of Independence, it is supremely ironic that 2026 could also mark a similar declaration by America’s historically staunchest allies. “We are in the midst of a rupture, not a transition," Mark Carney, Canada’s prime minister, starkly told the World Economic Forum in Davos, Switzerland, this past week.

Subscribe to enjoy similar stories. NEW DELHI : The air in Davos this year was thick with trepidation. It wasn’t just anxiety about the global economy that weighed on those gathered at the World Economic Forum.

Subscribe to enjoy similar stories. DAVOS, Switzerland—Rising tensions with the U.S. are spurring new plans in Europe to do something that has long seemed impossible: break with American technology in favor of homegrown alternatives.

Subscribe to enjoy similar stories. The Pentagon stuck a conciliatory tone toward Beijing in its new defense strategy, stating that its overarching goal is to establish “strategic stability" in the Indo-Pacific region and de–escalate tensions with the Chinese military.

Subscribe to enjoy similar stories. MUMBAI , BENGALURU : Adani Group chairperson Gautam Adani's counsel on 23 January made their first submission in a US court 14 months after the Securities and Exchange Commission (SEC) filed a bribery and securities fraud case against the Indian billionaire and his nephew.

Subscribe to enjoy similar stories. MUMBAI : Amid persistent tightness in liquidity conditions, the Reserve Bank of India (RBI) today announced its third tranche of open market operations (OMOs) for the purchase of government securities worth ₹1 trillion and dollar-rupee buy/sell swaps of $10 billion, to be conducted in February. The central bank will purchase government securities worth ₹50,000 crore each on 5 February and 12 February, whereas it will auction dollar/rupee swaps of three years on 4 February, it said in a release.

Subscribe to enjoy similar stories. Better late than never: One year into the second presidency of Donald Trump, the world has reached an inflection point, as Canada’s prime minister, Mark Carney, made explicit in his speech at an economic summit in Davos. Having tried and failed to appease Trump’s imperialist bullying, middle powers such as his own country must and will instead “act together, because if we’re not at the table, we’re on the menu." Acting together, Carney said, will take the form of “variable geometries." Countries, whether traditional friends or foes of the United States, may form ad hoc coalitions to pursue specific interests, trade pacts to replace commercial links to the US that Trump has damaged or severed, cooperation in new or existing multilateral forums or even new military alliances.

Subscribe to enjoy similar stories. DAVOS, Switzerland—The West avoided an open rupture this week. But, instead of celebrating, European leaders are bracing for more serious shocks to the trans-Atlantic relationship in the months ahead.