Page 2 - Bloomberg/reuters

Foreign ownership in Adani Enterprise hits record low as locals buy

Foreign portfolio investors held a combined 8.8% stake at the end of the June quarter, the lowest since 2009 when Prime Infobase began tracking the data

Govt plans incentives to cut import reliance to shield India from shocks

Commerce Ministry is preparing a list of more than 100 products for higher domestic production as New Delhi seeks to ease pressure on the rupee and strengthen supply chains

IEA chief warns prolonged Hormuz disruption could hit global economy

IEA chief Fatih Birol says markets are gripped by uncertainty as attacks in and around the Strait of Hormuz threaten oil, gas and fertiliser shipments

SpaceX shares briefly fall below $135 IPO price as post-listing rally fades

Stock closed at $135.27, marginally above its offer price after a fourth straight day of declines, reflecting cooling investor enthusiasm

Fed's Warsh says he has repeatedly told Donald Trump he is independent

Federal Reserve Chairman Kevin Warsh said President Donald Trump has not tried to influence monetary policy and reaffirmed his commitment to the central bank's independence

Fed's Lisa Cook says ready to act if inflation does not cool soon

Federal Reserve Governor Lisa Cook said inflation risks now outweigh labour market concerns and signalled she is prepared to act if disinflation does not resume soon

Fed's Warsh says AI-driven price pressures may not prove inflationary

Fed Chair Kevin Warsh said AI-driven price increases may not be inflationary, arguing higher investment could boost productivity and wages over time

OnePlus to exit US and Europe as Oppo restructures smartphone business

OnePlus is reportedly set to exit the US and Europe as parent Oppo restructures its smartphone business amid slowing sales and geopolitical challenges

Kerala CM backs Adani port expansion despite objecting to stake sale

The comments came days after Satheesan objected to MSC Mediterranean Shipping Company SA's planned $1.4 billion investment in the project

India, UAE central banks meet to discuss foreign-currency deposit issues

The RBI and UAE central bank are discussing regulatory hurdles as India seeks to attract more foreign-currency deposits from NRIs to strengthen forex reserves

Argentina, England clash at Fifa as strains over Falkland Islands reemerge

Argentina and England meet in a high-stakes World Cup semifinal as the decades-old Falklands sovereignty dispute returns to the spotlight

Ebola deaths double in 2 weeks as WHO warns virus outrunning response

The death toll has climbed from 377 on June 28, while the outbreak has spread into two new provinces beyond its original epicenter in Ituri

AI push by firms like Starbucks poses new threat to India's IT sector

As companies build AI-powered in-house systems, India's IT services firms risk losing lucrative software maintenance contracts that have long underpinned the country's outsourcing industry

After Eternal, Deepinder Goyal bets on health tech, aviation startup

Former Eternal CEO Deepinder Goyal plans to launch Temple, a premium wellness wearable, while also backing an aviation venture aimed at transforming regional air travel in India

OpenAI's 1st device to be movable, screenless speaker built as AI companion

The product still under development is meant to serve as a humanlike AI companion that lives in the home

China's GDP growth unexpectedly slips below official target range

GDP grew 4.3% from a year ago, according to data released by the National Bureau of Statistics, below the bottom of this year's official target range of 4.5% to 5%

Singapore court declines stay on Byju Raveendran's 6-month jail sentence

Raveendran is facing claims from foreign investors around the world, including in the US where lenders are fighting to claw back losses from a $1.2 billion loan that soured

India's inflation risks mount on renewed US-Iran tensions, El Nino

June inflation breached the RBI's 4% target for the first time in nearly 18 months, while rising oil prices and weak monsoon rains have added fresh uncertainty to the central bank's policy path

India asks state-owned banks to step up foreign currency deposits

The Centre has asked state-run banks to intensify efforts to mobilise NRI deposits as policymakers seek to strengthen foreign exchange reserves

Govt close to accepting sweetened Fairfax Financial offer for IDBI Bank

The Centre is close to accepting Fairfax Financial's revised offer for IDBI Bank, with the Canadian firm's bid expected to be raised slightly ahead of final regulatory and Cabinet approvals