News
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Former Niti Aayog official is Google's new India policy head
Archana Gulati is a long-term Indian government employee, having worked as a joint secretary for digital communications at Niti Aayog, and at the Competition Commission of India (CCI) before that
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US Fed makes biggest rate increase since 2000 to fight inflation
Inflation has become an overriding concern after the world's largest economy saw annual consumer prices surge 8.5 percent over the 12 months to March—the biggest jump since December 1981
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India, France call for immediate end to Ukraine hostilities
India, which imports much of its military hardware from Russia, has long walked a diplomatic tightrope between the West and Moscow—notably refusing to denounce the latter or vote against it at the United Nations over its actions in Ukraine
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Hong Kong more unequal, less free as Carrie Lam leaves office
Lam, Hong Kong's first woman leader, took office promising to heal divisions and tackle livelihood issues, especially a housing crisis, but her tenure was dominated by massive democracy protests and Beijing's subsequent crackdown, as well as a zero Covid policy
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RBI pulls the trigger on inflation, finally
In a surprise move, the central bank increased repo rate by 40 bps and the cash reserve ratio by 50 bps, rattling equity and bond investors. Many economists see inflation around 7 percent levels in the near-term and do not rule out a 25 bps rate hike in June
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LIC IPO Day 1: Strong opening with demand across segments
Analysts are confident of retail investor and policyholder support to India's largest public offering that will remain open till May 9
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Abortion rights: Leaked threat to Roe v. Wade stuns, then energises Americans
Many Americans woke up stunned, not realizing — and some still not believing — that Roe and the constitutional right to an abortion that it has guaranteed for five decades could disappear within a matter of weeks
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How Shanghai residents are using NFTs to record Covid lockdowns, combat censorship
Residents in Shanghai who have been on a month-long lockdown are minting videos, photos and artworks capturing their ordeal in the form of non-fungible tokens to share their experiences while also avoiding deletion
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LinkedIn to pay $1.8 million to women over discrimination claims
LinkedIn denied 686 women, working in engineering, marketing and product roles, equal pay at its San Francisco office and at its headquarters in Sunnyvale, California
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Google faces internal battle over research on AI to speed chip design
The dispute, which stems from efforts to automate chip design, threatens to undermine the reputation of Google's research in the academic community. It also could disrupt the flow of millions of dollars in government grants for research into AI and chips
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LIC's $2.7 billion IPO opens for subscription
The Indian government expects to raise the sum, just a third of its original target, from selling a 3.5 percent stake in the country's top insurance company, giving it an initial value of $78.52 billion