Tech companies like Paytm, food delivery outfit Zomato, online insurance broker PolicyBazaar, and online fashion seller Nykaa were amongst the biggest losers.
Vice-Premier wants local government to help key companies get back to work after weeks of lockdowns in Shanghai and other cities.
Xpeng CEO warns that if suppliers in and around Shanghai can’t resume operations and production, all of China's carmakers will have to stop production in May
The timing of the relaxation was unexpected, but companies bent over backwards after facing heavy criticism from authorities for being non-compliant, analysts said
The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
German auto parts supplier said on Tuesday it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to contain Covid cases.
Daily Journal Corp, the company where Warren Buffett's business partner Charlie Munger helps oversee investments, said on Monday it halved its stake in China's e-commerce giant Alibaba Group
Chinese stocks suffered their biggest fall in a month as Covid restrictions and inflation worries weighed heavily on investors
President Joe Biden will talk to Indian leader Narendra Modi on Monday, at a time when the US has made clear it does not want to see a big uptick in Russian energy imports by India