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Kapil Sibal resigns from Congress, seeks RS nomination with SP's support

Veteran leader's exit marks another jolt for the country's main political Opposition party.

J&J, Momenta Pharma file patent infringement lawsuit against Natco, Mylan

Johnson & Johnson and Momenta Pharmaceuticals lawsuit alleges infringement of two old patents associated with 20mg/ml and 40mg/ml Glatiramer Acetate injection, Natco said in a regulatory filing.

Kim Kardashian to promote Beyond Meat as new 'chief taste consultant'

Kardashian, who often posts photos of her well-stocked refrigerator on social media, said she will share her favorite Beyond Meat products in the company's newsletter

UK 'partygate' report slams 'failures of leadership' at Johnson's office

Senior civil servant Sue Gray's long-awaited report was published Wednesday.

Oil price edges higher on tight supply and expected demand uplift

By Rowena Edwards

Global MF investors could sell $350-bn worth equities this year: Barclays

MF investors have been net sellers of equities this month, for the first time since August 2020, though equity outflows are tiny compared to the record $1.3-trn inflows since 2020, Barclays said

WEF 2022: Not sharing Covid vaccines widely is racism, says UN official

Just 13 per cent of people in low-income countries, mostly brown and black, are vaccinated, says Winnie Byanyima

Retail inflation may settle at 5.7-6.9% in FY23 after fuel duty cuts

Economists expect 40-50 bps hike in repo rate by MPC next month

Top headlines: Govt approves stake sale in HZL; IndiGo Q4 loss widens

Business Standard brings you the top headlines on Wednesday

WEF 2022: China commits to plant and conserve 70 billion trees by 2030

In the past decade, China has regrown more than 70 million hectares of forest cover

WEF 2022: Govt has no immediate plan to lift wheat export ban, says Goyal

The world's second biggest producer of wheat banned private overseas sales of the grain on May 14 after a scorching heat wave curtailed output and domestic prices hit a record high.

Arvind SmartSpaces eyes nearly 50% real estate sales on digital platform

Industry average among organised real estate currently at 30%

Does the Congress party need the Gandhis or the Gandhis, the party?

The Congress will be like the Cheshire Cat in Alice in Wonderland: it vanished slowly till only its smile was left.

China's economy worse off in some ways than 2020, says Premier

Li Keqiang tells officials to lower nation's unemployment rate; economists expect China to miss growth target this year

Andreessen Horowitz bets on crypto with $4.5-bn fund, largest of its kind

The fund, the fourth crypto-dedicated investment vehicle for Andreessen Horowitz, brings its total digital-asset-focused efforts to $7.6 billion

RBI cancels registration of five NBFCs due to irregular Air India

The firms have been accused of charging excessive interest rates and harassing customers for loan recovery, among other things

Japanese lender MUFG Bank to set up a branch in GIFT City, sixth in India

In March 2022, Japanese lender MUFG announced the setting up of an investment fund totaling $300 million for start-ups in India

Balrampur Chini, Shree Renuka, Triveni: Sugar stocks dip after 300% surge

Select sugar stocks like Balrampur Chini, Dwarikesh Sugar and Renuka had jumped up to 6-fold post the Covid-19 decline; However, off late the stocks have corrected sharply post export limitations.

Nifty Next 50 index hits 52-week low; SAIL, Vedanta down 27% in a month

In the past one month, Nifty Next 50 index was down 14%, as compared to 7% decline in the Nifty 50 index.

WEF 2022: Pfizer commits medicines, vaccines to 45 lower-income countries

World Economic Forum (WEF) 2022: The initiative by Pfizer was launched at the World Economic Forum Annual Meeting in Davos 2022