Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities

Pakistan demands joint probe, saying grave nature of incident raises questions regarding security protocols and technical safeguards

Russia's economy faces its deepest crisis since the 1991 collapse of the Soviet Union, as the West imposes severe sanctions over Moscow's invasion of Ukraine

India's push comes after the flop listing of SoftBank-backed Paytm's $2.5 billion IPO in November which sparked criticism of lax oversight

Sumeru Ventures, Vitruvian Partners and BlackRock also participated in the latest funding round

The bank has also been ordered to appoint an IT audit firm to conduct a comprehensive systems review

Islamabad's military spokesman said the armed forces were not sure of the nature of the object, which crashed near the eastern Pakistani city of Mian Channu

Polls have predicted a comfortable majority for the BJP in Uttar Pradesh, despite its much-criticised handling of Covid-19, high unemployment, and anger over farm reforms

Five countries experienced higher medical trend rates than the regional average in 2021: India with the highest medical inflation rate of 14%, followed by China (12%)

The mining lease will aid Tata Power in ensuring a regular supply of coal for its thermal power plants. Tata Power holds a 30% stake in KPC.

No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure from the US

Approval comes in the wake of reports that the initial share sale was set to be delayed to next financial year due to market volatility stoked by the Ukraine crisis