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China defends Covid policy, downplays protests as country logs 40K fresh cases

China on Monday dismissed concerns over its controversial zero-COVID policy in the face of unprecedented demonstrations, which have spread to Beijing even as it reported close to 40,000 coronavirus......

China protests over Covid lockdowns; demand Xi's resignation

The protests against COVID-19 lockdowns have spread to Beijing even as China reported close to 40,000 coronavirus cases on Monday as authorities scrambled to contain the fresh surge in infections.......

What experts say about interim Budget 2024

Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget: Illustration: Uttam Ghosh/Rediff.com Abheek Barua, Chief Economist, HDFC......

RIL's new energy business piques analysts' interest

Every decade or so, Reliance Industries Ltd (RIL) sets on a new growth strategy, nudging the markets to value its stock price for newer businesses. Photograph: Muyu Xu/Reuters For the......

Nomura hikes India exposure; M&M, Fortis, UNO Minda among favourites

Nomura has hiked its exposure to Indian equities in its Asia ex-Japan portfolio and remains overweight on Indian stocks, despite expensive valuations. Illustration: Uttam Ghosh/Rediff.com In a......

Headwinds ahead for NBFCs

In August, the Reserve Bank of India Governor Shaktikanta Das held a meeting with chief executive officers/ managing directors (CEOs/ MDs) of large non-banking financial corporations (NBFCs).......

Rising competition, valuations of paint majors on palette of worry

Following a strong performance in the 2022-23 January-March quarter, publicly listed paint industry giants displayed a mixed performance in the 2023-24 (FY24) April-June quarter. Photograph:......

Tokyo Olympics: All the interesting numbers

The Tokyo Games came to a close on Sunday, ending 16 days of high drama on and off the playing field.Here is a summary of major figures and facts at the Games:17 WORLD RECORDS IMAGE: Georgian......

Tokyo Games: Who will Light The Flame?

IMAGE: Naomi Osaka will be a heavy favourite to triumph on the hardcourts in Tokyo. Photograph: Maja Hitij/Getty Images Battered by scandal on the eve of the opening ceremony, Tokyo 2020......

Money, money, money: the cost of Tokyo's pandemic-delayed Games

IMAGE: The logo of Tokyo 2020 Olympic Games that have been postponed to 2021 due to the coronavirus is seen through a traffic sign at Tokyo Metropolitan Government Office building.Photograph:......

The cost of Tokyo's pandemic-delayed Olympics

IMAGE: Although the cancellation scenario is looking less likely by the day, global insurers would face a hefty bill should that happen, with estimates running to a loss of $2-3 billion.......

Olympics: Japan extends COVID-19 state of emergency

'In Osaka and Tokyo, the flow of people is starting to creep up, and there are concerns that infections will rise.' IMAGE: Japan has seen a record number of COVID-19 patients in critical condition......

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