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Voters sue Elon Musk for fraud over $1 million election sweepstakes

A day after surviving a legal challenge in Pennsylvania, Musk's daily sweepstakes was hit Tuesday with fresh claims in federal courts in Texas and Michigan

Chinese red tape leaves deals worth billions of dollars on the table

Obtaining regulatory approvals has become more difficult over the past few years, according to people familiar with the matter, who asked not to be named discussing a sensitive topic

India's shadow lenders retreat as bad loans increase amid crackdown

Bajaj Finance, one of the largest unsecured lenders, is cutting the number of clients with multiple loans, according to a presentation

Diesel market flashes warning sign in India as demand growth slows

Sales of the fuel used to power trucks and farm machinery were flat at 7.64 million tonnes in October from a year earlier, according to preliminary oil ministry data

Why investors are pulling money from Indian stocks in favour of China

Even after the recent selloff, MSCI India trades at 22 times forward earnings, more than 1.5 standard deviations higher the its two-decade average, Chinese stocks are a lot cheaper, by comparison

Russia suspected of plotting to send incendiary devices to US on planes

Governments across Europe have been raising alarm over a growing threat of Russia-sponsored acts of sabotage and destabilization since the Kremlin launched its full-scale invasion of Ukraine

Apple explores push into smart glasses with internal study of products

For years, Apple had sought to make a lighter-weight augmented reality version of the device- something that could be worn all day and potentially replace the iPhone

Rising small-loan defaults may throw risk into India's broader economy

Personal-loan growth is moderating as the central bank last year clamped down on risky lending practices following a post-pandemic surge in credit

OpenAI in talks with regulators in California to become for-profit company

The attorney general in Delaware also has been in communication about the nonprofit to for-profit shift, as detailed in a letter to OpenAI

Record foreign investors' exodus casts pall over Indian stock market

Global funds pulled out more than $10 billion on a net basis in October, helping drive the benchmark stock index toward a so-called technical correction

Abu Dhabi, Microsoft partner on AI push to make energy mkt more efficient

"It will speed up seismic surveys from months to days," Al Jaber said, adding that it will also make the industry more sustainable by reducing emissions

Kotak Alternate Asset Managers to raise Rs 1,600 cr via healthcare PE fund

The value of India's hospital industry is expected to reach 18.35 trillion rupees by 2027 and is growing at a pace of around 18.24%, according to government data

Rupee's stability provides resilience amid uncertainty of US elections

"The RBI remains strongly in the market to cap FX volatility and FX reserves are more than adequate," said Michael Wan, senior currency analyst at MUFG Bank. Also, India's "macro stability remains

Novo's new obesity drug, Wegovy in race to becoming top selling franchise

The Danish drugmaker's arch-rival Eli Lilly & Co. has introduced another shot - Zepbound, also known as Mounjaro - that so far has shown even more weight loss than Wegovy

India to enhance power demand forecasting for improved grid stability

Changing power usage patterns, rising use of intermittent solar and wind energy and increasingly frequent extreme weather events have complicated demand forecasting, requiring systemic reforms

US presidential election day 2024 arrives, concluding unusual journey

Kamala Harris and Donald Trump are separated by the narrowest of margins in polls

New trade strategy could help India shift from 'no' to 'yes' in deals

Indian officials still tend to think of trade as a zero-sum game, with tariffs as the only real levers

China's EV success isn't all about subsidies, it's time rivals compete

Given the nationalistic and secretive nature of Beijing's government, the absence of confirmation can serve as further proof of just how devious its industrial policy is

Cleaning up pristine beaches means spotting plastic waste from space

The rising volume of the waste is an increasingly urgent issue for world leaders: Diplomats will descend on South Korea in a few weeks for the final round of United Nations talks

Global efforts to curb methane fall short as emissions keep rising

Methane emissions from the fossil fuel industry, including coal mining, remain close to a record level set in 2019