Alibaba revenue tops expectation on pandemic-driven online boom

China’s top e-commerce platform Alibaba Group Holding Ltd (9988.HK), reported a forecast-beating 64% surge in quarterly revenue on Thursday, as more people shopped online due to the coronavirus pandemic. But the strong performance was overshadowed by intense regulatory crackdown that resulted in the suspension of a $37 billion IPO of its affiliate Ant Group and a […]

India’s daily COVID-19 deaths near record, calls for nationwide lockdown mount

India’s COVID-19 deaths rose by more than 4,000 for a second consecutive day on Sunday as calls for a nationwide lockdown to curb the spread of the virus mounted. India’s health ministry reported 4,092 fatalities over the past 24 hours, taking the overall death toll to 242,362. New cases rose by 403,738, just shy of […]

India posts record daily rise in coronavirus deaths

India’s coronavirus deaths rose by a record 3,780 during the last 24 hours, a day after it became the second country to cross the grim milestone of 20 million infections after the United states. Daily infections rose by 382,315 on Wednesday, health ministry data showed. Government modelling had pointed to a peak by Wednesday, a […]

Opposition chief calls for lockdown as India’s coronavirus cases cross 20 million

Indian opposition leader Rahul Gandhi called for a nationwide lockdown as the country’s tally of coronavirus infections surged past 20 million on Tuesday, becoming the second nation after the United States to pass the grim milestone. India’s deadly second wave of infections, the world’s biggest surge in coronavirus infections, has seen it take just over […]