The Storm set the paper, India topped the World

Aman Sinha | September 2, 2026 12:50 PM

New Delhi, Sep 2: A storm is the most honest examiner in economics. It sets the same paper for every economy at the same hour, and it marks without mercy. The past thirteen months were such an examination. The steepest American tariffs faced by any major trading nation. An oil shock. The Hormuz disruption. A supply chain squeeze in every part of the world.

ICICI Bank raises $17.88 billion under RBI's FCNR(B) swap facility

IANS | September 2, 2026 11:35 AM

New Delhi, Sep 2 (IANS) ICICI Bank has mobilised about $17.88 billion through foreign currency non-resident (FCNR-B) deposits under the Reserve Bank of India's special dollar-rupee swap facility, the lender said in an exchange filing on Wednesday.

India’s development lessons can help world: Ajay Banga

IANS | September 2, 2026 10:17 AM

Asheville, Sep 2 (IANS) India has reached a stage where its development experience, including digital public infrastructure and technology-led agriculture, can be shared with other countries, World Bank President Ajay Banga has said.

Apple's new CEO to get $58 million pay package in FY27

IANS | September 2, 2026 10:06 AM

New Delhi, Sep 2 (IANS) US-based Apple Inc.'s new Chief Executive Officer John Ternus will receive a compensation package worth about $58 million in fiscal 2027, while outgoing CEO Tim Cook is set to receive about $47 million in his new role as executive chairman, as per multiple reports.

Consumer prices up 3.1 pc in S. Korea in Aug over fuel, mobile subscription fees

IANS | September 2, 2026 9:38 AM

Seoul, Sep 2 (IANS) South Korea's consumer prices moved up 3.1 per cent in August from a year earlier as oil prices remained elevated, along with higher mobile service subscription charges due to a low base effect from large-scale discounts offered last year following a hacking incident, data showed on Wednesday.