Why Mumbai lost out to Shanghai as HQ of BRICS bank

Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank’s base in......

PHOTOS: Floods devastate Japan, over 170 killed

While Mumbai struggles with heavy rains for the past four days, torrential rain in Japan, unleashed floods and landslides resulting in the deaths of almost 180 people.  Rescuers in Japan are......

Japan floods: 10,000 flee as island nation hit by 'unprecedented' rains

Unprecedented rainfall in Japan unleashed heavy floods on Friday that ripped through parts of the island nation on Thursday, forcing more than 1 lakh people from their homes. A man holding a tray......

You're like Diwali lamps spreading light: Modi to Indians in Japan

India is going through a massive transformative phase and international agencies say the country will drive the growth of the global economy in the coming decade, Prime Minister Narendra Modi said......

Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Global fund managers remain bullish on the Japanese stock markets, which is now their most preferred destination in the Asian region. Photograph: Danish Siddiqui/Reuters Both Morgan Stanley and......

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance.......

Market outlook 2025: Brokerages on opportunities, risks, investible themes

Emerging market equities are likely to post small gains in 2025 amid global policy uncertainties and a stronger dollar. Illustration: Dominic Xavier/Rediff.com From the outcome of the general......

Axis Bank, L&T, Thermax: Chris Wood rejigs India equity portfolio

Christopher Wood, global head of equity strategy at Jefferies has rejigged his equity portfolios. Illustration: Uttam Ghosh/Rediff.com In his Asia ex-Japan long-only portfolio, he has added Axis......

WC PIX: Costa Rica stun Japan with late Fuller winner

Images from the FIFA World Cup Group E match between Japan and Costa Rica on Sunday. IMAGE: Costa Rica’s Keysher Fuller, left, celebrates after scoring with their Brandon......

Japan says Olympics on track as Abe, Trump hold talks on coronavirus

IMAGE: Japanese former marathon runner Noguchi Mizuki and president of the Tokyo 2020 Organising Committee Toshiaki Endo pose for a picture following the Olympic flame lighting ceremony for the......

FIFA WC: Africa still searching for the win

IMAGE: Ghana's Andre Ayew scores their first goal against Portugal. Photograph: Fabrizio Bensch/Reuters Two strikes from Ghana on Thursday broke the African goal drought at the World Cup but none......

Azlan Shah hockey: India struggle to get past lowly Japan

  IMAGE: Captain Sardar Singh scored the match-winner as India rallied to beat Japan in their opening match of the Azlan Shah hockey tournament. Photograph: Hockey India Asian Games champions......