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BEIJING — China's state-directed economy may be creating the conditions for a new wave of bond defaults that could come as soon as next year, according to an S&P Global Ratings report released Tuesday.

A drastic decline in the crypto market heralded the spring season. For the past weeks, Binance Coin and Polkadot have seen more red days than green and are struggling to make a comeback.  These coins suffered significant price swings, causing holders to look for better returns. With Raffle Coin in the first phase of its presale, investors believe it can make 50X gains. 

InterGlobe Aviation Ltd. traded 0.82 per cent up in Wednesday's trade at 12:22PM (IST). Around 4,533 shares changed hands on the counter. The counter opened at Rs 3712.45 and touched an intraday high and low of Rs 3750.0 and Rs 3708.5, respectively, in the session so far. Shares of the company of InterGlobe Aviation Ltd. quoted a 52-week high of Rs 3849.45 and a 52-week low of Rs 1974.9.

BJP has sidelined incumbent Lok Sabha member from Ladakh, Jamyang Tsering Namgyal, and announced Tashi Gyalson as its candidate from the lone Lok Sabha seat in Ladakh. The BJP has won the last two Lok Sabha elections in Ladakh but this time, the ongoing protest campaign led by the Apex Body Leh (ABL)and Kargil Democratic Alliance (KDA), a grouping of political, social, religious and business organisations in Leh and Kargil, has put a formidable challenge before the ruling party. Although Gyalson, who is also the chief executive councillor of Ladakh Autonomous Hill Development Council in Leh, has expressed willingness to engage in a dialogue with ABL and KDA, the two bodies are thinking of fielding their own candidate against the BJP.

Congress MP Rahul Gandhi on Wednesday said Congress manifesto aims to give back 90 per cent Indians a part of Rs 16 lakh crore given to big businessmen as loan waivers. Gandhi accused Prime Minister Narendra Modi of waiving off loans worth Rs 16 lakh crore of his billionaire friends, and said the country will never forgive him for this «crime». In a post in Hindi on X, he said this money could have been used to cure the pain of Indians but was spent on creating hype for the ilk of those like 'Adanis'. Gandhi said, «Injustice is being done to 90 percent Indians and the moment I called for checking this injustice, PM, BJP started attacking me.»

Rikesh Sen, the BJP MLA from Vaishali Nagar in Chhattisgarh's Durg district, found himself in the spotlight after a video surfaced showing him intervening in couples' sitting at a local garden within his constituency. The incident, captured on camera, depicts Sen shooing away couples from the park, sparking reactions from the public. Sen's actions at the garden stirred controversy, with some couples expressing frustration over the closure of OYO Rooms, an app aggregator for hotel rooms, and resorting to public parks for meeting with their partner. In the video, Sen is seen confronting couples about their activities, citing complaints about alleged «indecent activities» in the park.

Love Sex Aur Dhoka 2 Box Office Collection Day 5: The movie Love Sex Aur Dhoka 2, helmed by Dibakar Banerjee, saw steady earnings on Tuesday (April 23), raking in an estimated ₹8 lakh net in India on its fifth day of release, data from Sacnilk showed. This drop comes after a significant surge in collections the movie saw on Sunday, jumping a massive 275 percent to net ₹40 lakh net domestically on Day 3, followed by an 80 percent slump, pulling in ₹8 lakh on Day 4. Love Sex Aur Dhoka 2 has amassed an estimated ₹73 lakh net in India over the initial four days of screenings, the data revealed.

The university that boasts the world’s largest 3D printer developed one even bigger

Caitlin Clark appears to be on the cusp of setting another record

A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China

Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles

BEIJING — Chinese smartphone company Xiaomi's new electric vehicle is selling better than expected, putting it closer to break-even despite undercutting Tesla's Model 3 on price.

Huawei unveiled on Wednesday a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry. The new brand Qiankun, symbolising a combination of heaven and the Kunlun Mountains, plans to provide self-driving systems involving the driving chassis, audio and driver's seat, Jin Yuzhi, CEO of Huawei's Intelligent Automotive Solution (IAS) business unit, said during an event ahead of the Beijing auto show.

Oil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, and attention shifted away from hostilities in the Middle East. Brent crude futures rose 9 cents, or 0.1%, to $88.51 a barrel and U.S. West Texas Intermediate crude futures gained 10 cents, or 0.11%, to $83.45 a barrel at 0031 GMT.

dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, hurt by a combination of surprisingly robust European activity data and cooling U.S. business growth. However the yen remained mired near a 34-year low versus the U.S. currency, even as Japanese officials stepped up intervention warnings.

Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle maker's strategy to combat slowing demand and falling margins. Last week, Tesla announced a more than 10% cut in its global workforce under pressure from dropping sales and an intensifying price war among EV makers, without revealing the number of employees the job cuts would impact.

The Metaverse Institute co-founder Jason Haber discusses the impact Hurricane Idalia could have on Florida's housing market and property value on 'The Claman Countdown.'

₹XXXX. However, the profit for Q4 saw a slight decline of 0.15% YoY, standing at ₹XXXX.

With questions swirling around the US economy and corporate earnings, Morgan Stanley’s Mike Wilson is avoiding the kinds of big market calls he became known for the past couple years to focus instead on finding opportunities beneath the surface.

NEW DELHI : Are cars safe in India? Some of them are, going by past crash test results, but some continue to fall short of safety standards under global crash test protocols. The latest round of test results from Global New Car Assessment Programme (GNCAP) has found serious safety shortcomings in some car models, prompting calls for industry-wide action to prioritize occupant and vehicle safety.

police forces met with a Sri Lankan inspector general of police who two weeks earlier had been found by the South Asian country’s highest court to have “participated in the torture” of an arrested man.Photos published by Sri Lankan media, including the Ceylon Today, an English-language daily newspaper, show Peel Regional Police Chief Nishan Duraiappah in uniform posing alongside senior Sri Lankan officers on Dec. 29, 2023 at police headquarters in the capital Colombo – a visit a Peel police spokesperson says Global Affairs Canada and the RCMP had been made aware of ahead of time.One of the law enforcement officials in the photos was the inspector-general of Sri Lankan police, Deshabandu Tennakoon, who earlier that month was ordered to pay compensation for taking part in “mercilessly” beating a man.On Dec.