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Nasa Rover finds Mars rocks that may be signs of ancient microbial life

In a new paper published in Nature, researchers offer up different explanations for a group of Martian rocks that Perseverance uncovered and sampled in July 2024

GST rate cut boosts Coal India's efforts to cut costly fuel imports

The tax changes "will make Coal India more competitive and better prepared to substitute imports," said Rupesh Sankhe, senior vice president for research at Elara Capital India Pvt

Deutsche Lufthansa sees growth in leisure unit as airline struggles

While the post-Covid travel boom shows no sign of letting up, the core Lufthansa airline is still facing aircraft delays and labor strife that dented profits and margins last year

Centre plans support package for exporters hit by Trump's tariffs

The Ministry of Commerce and Industry has proposed measures to ease liquidity for exporters through collateral-free loans and subsidised interest rates

Tata Motors markets $4.5 bn loan for acquisition of Iveco's CV business

The planned deal would add to the rising number of loans to fund cross-border mergers and acquisitions that have originated from Asia Pacific this year

White House's rare criticism of Israel highlights risks in Gaza conflict

Caught between two US allies, Trump said he spoke with both Netanyahu and Qatari leaders after the strike and that he assured Qatar that such an attack wouldn't happen again

US immigration raid disrupts construction at multiple Korean battery plants

LG Energy has issued an internal notice calling for the immediate return of all workers and contractors traveling in the US under a short-term visa waiver programme, commonly referred to as ESTA

China's Marshall plan is to go green with solar, EV battery investments

Since 2022, China's green-tech FDI has reached $227-$250 billion, roughly matching the post-WWII Marshall Plan that strengthened US-European alliances

KKR, Blackstone turn India into Asia's buyout HQ after China slow down

Seven global funds now have their Asia private equity heads or co-heads based in Mumbai, including Blackstone's Amit Dixit and KKR's Gaurav Trehan

From exporters to bond traders, RBI facing increasing calls to step in

It's a familiar pattern: when local or global forces threaten market equilibrium, the Reserve Bank of India is typically expected to step in

India hoped for 'big' GST reform, received only a revised rate card

India's long-overdue GST cut is hailed by PM Modi as the nation's 'biggest reform', with carmakers cutting prices and asset managers calling it a 'landmark reset', yet markets stay muted

iPhone 17 lineup brings the upgrades many users have been waiting for

All the new phone models include Apple's latest in-house silicon, more advanced cameras and tougher outer glass

Auto stocks drive ₹3 trillion market capitalisation surge on GST cut

Tax cuts drive auto stocks higher as Maruti, Eicher, and TVS surge; analysts expect festival season demand to lift sales and profits across India's automobile sector

US payroll data marked down a record 911,000 in preliminary estimate

The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government's preliminary benchmark revision out Tuesday

Indian auto stocks add $33 bn in value as GST cut boosts demand, profits

BSE Ltd's measure of 20 auto firms has added about $33 billion in market value since August 15 when Prime Minister Narendra Modi first announced the government's plan to lower goods and services tax

RBI cut US debt, boosted gold reserves even before Trump's tariffs

India's finance minister said last week the RBI was taking a "very considered decision" to diversify reserves - which currently stands at about $694 billion dollars, the fourth-biggest in the world

Macron looks to appoint new French PM after Bayrou loses confidence vote

While Macron doesn't lack for people who might accept the role, selecting someone who can find common ground among the groups is far from obvious

BMW, Mercedes, Volkswagen vie with BYD-led China rivals at Munich show

The stakes are high. German automakers are grappling with US tariffs, muted sales in Europe and eroding market share in China

EU considers fresh set of sanctions on Russia to hit banks and oil trade

The bloc is hoping to coordinate some of its latest measures with the US, said the people, who spoke on the condition of anonymity to discuss private deliberations

US proposes annual China chip supply approvals for Samsung, Hynix

The VEU system granted Samsung and SK Hynix perpetual approval to ship estimated quantities of supplies, based on up-front security and monitoring commitments, to factories in China