Japan's MUFG will acquire a 20% stake in Shriram Finance Ltd (SFL) for $4.4 billion, the Indian non-bank lender said on Friday, marking the largest cross-border investment in India's financial sector.
China’s 2015 Stock Market Crisis: Causes and Global Impact
Explore China's 2015 stock market crisis, its causes, and potential global impacts. Understand what it meant for the U.S. economy and international trade.
India’s direct tax collections rise 8% y/y in April-December
India's net direct tax collection rose 8% year-on-year to 17 trillion rupees ($188.5 billion) from April 1 to December 17, 2025, the government said on Friday.
India’s ICICI Prudential AMC sees shares jump 20% in market debut after stellar IPO
The IPO by the firm jointly owned by India's ICICI Bank and UK's Prudential, was priced at 2,165 rupees per share at the upper end of the price band.
Property worth Rs 1.6 crore of drug peddler attached in Srinagar
Property worth Rs 1.6 crore of a notorious drug peddler was attached on Thursday by the Jammu and Kashmir Police here, officials said. The property was allegedly acquired through illegal proceeds ... ( read original story ...)
US Congress Votes to Repeal Iraq War Authorisations
By John Lee. The US Congress has voted in both the House of Representatives and the Senate to repeal the 1991 and 2002 Authorisations for Use of Military Force against Iraq, as part of the National ...
BYD Officially Launches Operations in Iraq
By John Lee. Chinese car maker BYD has officially launched its operations in Iraq, marking its market entry alongside the debut of the BYD SHARK 6 (pictured). The company said eight new models are now ...
Japan Raises Interest Rates to Highest Level in 30 Years
The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support households.
India’s big-bang financial reforms target wave of foreign money
The drive to attract foreign capital has gained urgency after US President Donald Trump slapped tariffs of 50% on Indian goods in August ...
Cyprus finance minister sees return to growth in 2015 – with caveats
NICOSIA (Reuters) - Bailed-out Cyprus expects a return to growth in 2015 after three years of recession, its finance minister said on Thursday, unless there are further external economic headwinds.