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Indian banks ready to lend, but tycoons show little appetite to borrow

Private sector expansion plans are at a three-year low, with bank exposure to key industries like roads, power and telecom down to 11% of their loan book, half the level seen a decade ago

US Treasury deal with G7 kills 'revenge tax' that spooked Wall Street

Section 899, dubbed the 'revenge tax,' was backed by House Republicans and the White House to counter what they saw as discriminatory taxes on US firms by several foreign nations

SpaceX seeks return of debris, rejects Mexico's pollution complaint

Sheinbaum said on Wednesday that SpaceX's Starship rocket launches in Texas have polluted an area in Mexico with debris

Funds flexing 60/40 playbook becoming investor favourites in India

The growing demand for hybrid funds may indicate the huge popularity of equity investments is starting to wane in the world's most populous economy

EU prepared for breakdown in US trade talks: European Commission prez

The European Commission president said at a press conference in the early hours of Friday that her team is still assessing the latest US tariff offer

Meta in talks to acquire AI voice startup PlayAI for talent push

The deal is not yet finalized and could still change, people familiar with the matter said. Financial terms under discussion could not be learned

Dubai, Abu Dhabi remain calm, thrive amid Iran-Israel tensions

But the Iran-Israel confrontation, which involved the US, poses one of the most stringent tests yet to the country's neutral and open-for-business stance

RBI rate cuts still possible despite neutral stance, says MPC member

Bhattacharya said the immediate liquidity withdrawal was necessary because overnight rates had fallen below the floor of the RBI's rate corridor, warranting calibration

Dollar weakens as Donald Trump considers naming next Fed chair early

Traders are viewing the news as a signal that early rate cuts are becoming more likely, given Trump has repeatedly called on Powell to lower borrowing costs

Japan can't accept US' 25% car tariffs, says trade negotiator Akazawa

Japanese automakers make roughly 3.3 million cars in the US a year, a number that's far larger than the 1.37 million that they ship there, Akazawa said

As shares hit record, Nvidia reclaims title of world's top-valued stock

The stock rose 4.3 per cent to $154.31, taking out an all-time high that has stood since January

MIT sued by student, instructor over alleged antisemitism on campus

Lior Alon, a Jewish Israeli mathematics instructor, and William Sussman, a Jewish former PhD student, sued the Cambridge-based research university in Boston federal court

White House puts Pak's military elite back on top with Trump-Munir meet

Munir and Pakistan's civilian leaders praised Trump for helping secure an India-Pakistan ceasefire and even nominated him for the Nobel Peace Prize, thanking him repeatedly for his role

Vodafone Idea plans to raise $2.9 billion in loans to boost network

The billionaire Kumar Mangalam Birla-led wireless carrier had to earlier defer the plan as banks were concerned about the firm's weak finances and mounting dues to the government

Shell in early talks to acquire London-based oil rival BP: Reports

BP is under intense pressure after years of under-performance and the intervention of aggressive activist shareholder Elliott Investment Management

Indian private refiners dominate buying of Russian flagship oil grade

Reliance Industries Ltd. and Nayara Energy Ltd. alone took 45 per cent of Russia's shipments of the medium-sour variety

Walmart tests dark stores closed to public to speed up online delivery

Faster delivery is a key priority area for Walmart, as shoppers are increasingly paying more to get their purchases faster

Court orders Trump admin to return man wrongly deported to El Salvador

The 2nd US Circuit Court of Appeals ordered the return of Jordin Alexander Melgar-Salmeron, deported to El Salvador on May 7 due to administrative errors, saying he must be brought back as soon as pos

NTSB blames Boeing, FAA oversight failures for 2024 midair blowout

The midair blowout in January 2024, which left a gaping hole in the side of the plane operated by Alaska Airlines, didn't result in any fatalities, but it plunged Boeing into crisis

Trump-brokered truce gains ground as nuclear watchdog seeks Iran access

International Atomic Energy Agency chief Rafael Grossi said that the country's atomic programme has been set back significantly