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PM Modi defiant as Trump steps up pressure on India's Russian oil purchases

Modi's government hasn't given India's oil refiners instructions to stop buying Russian oil, and no decision has been taken on whether to halt the purchases

Open to US trade talks if Brazil treated as an equal, says Lula da Silva

'We want to negotiate. We want to negotiate on equal terms,' Lula said Sunday at an event for his leftist Workers' Party in Brasilia

Codelco finds human remains, setback for Chile mine rescue efforts

The world's biggest copper supplier halted production at the site after a collapse attributed to seismic activity on Thursday trapped workers in a new section of the mine

BoE likely to announce rate cuts despite inflation spike, slowing growth

The Monetary Policy Committee is widely expected to reduce its benchmark rate by 25 basis points, to 4 per cent, sticking to its once-a-quarter pace of cutting

New Zealand to charge foreign tourists up to NZ$40 at popular sites

The country's pristine national parks and great walks are "truly special to New Zealanders" and foreigners should pay a fee at high traffic sites, Prime Minister Christopher Luxon said in a speech

India reacts with outrage to Trump's tariff hike, 'dead' economy remarks

India is hardly alone in facing Trump's trade wrath - and not the subject to the very highest rates - but the news left business and political leaders wondering how to cope with the fallout

Fed Governor Adriana Kugler to resign, opening spot for a Trump pick

Trump and his allies have applied intense pressure on the Fed and Chair Jerome Powell to lower interest rates, which policymakers have declined to do so far this year

Morgan Stanley, MUFG to syndicate Tata Motors' Iveco acquisition loan

Both global and local banks are considering joining the facility and the deal is expected to be completed by April 2026, pending regulatory approvals

Apple CEO tells employees AI is 'ours to grab' in rare hour-long pep talk

Tim Cook's hourlong meet covered Jeff Williams' retirement, Apple TV+ growth, and new health features like AirPods Pro's hearing-aid tech

Cornell nears $100 mn White House deal to restore frozen research funds

One of the issues still under discussion is whether the pact would call for a resolution monitor to supervise how Cornell is carrying out changes required by the US

Trump fires data chief after disappointing jobs report shakes markets

Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in US hiring

Benchmarks tumble as Trump tariffs stoke global trade war concerns

Sensex and Nifty close lower for the fifth consecutive week, marking the longest losing streak in two years, as US tariff announcements dampen investor sentiment globally

Sebi plans larger quota for institutions in big IPOs, trims retail share

Sebi said its proposals reflect current market conditions, marked by robust mutual fund inflows and larger IPO sizes

Israeli military intel goes back to basics with focus on spies, not tech

The plan is to rely less on technology and instead build a cadre of spies and analysts with a broad knowledge of dialects - Yemeni, Iraqi, Gazan - as well as a firm grasp of radical Islamic doctrines

Philippines' Marcos eyes India trade, defence in talks with PM Modi

Marcos' visit to India also comes at a time when the two nations, which face a similar security concern are improving defense ties

China factory activity shrinks in July, S&P index dips below 50 mark

The S&P Global manufacturing purchasing managers' index for China fell to 49.5 from 50.4 in June

Trump pushes Harvard for steep deal, $500 mn just a starting point

One of the Trump administration's key demands is that Harvard allow a jointly approved resolution monitor to oversee compliance

Trump demands pharma companies slash US prices in blow to industry

In the letters, sent to Eli Lilly & Co., Novo Nordisk A/S, Pfizer Inc. and others, Trump insisted companies immediately lower what they charge Medicaid for existing drugs

Asia factory outlook at pandemic low amid Trump's sweeping tariff rollout

Confidence in future output across the region fell to the lowest since July 2020, according to S&P Global purchasing managers' index data

Southwest replaces Chairman Rakesh Gangwal after less than one year in job

Doug Brooks, a Southwest board member for more than 15 years, has been tapped for the chairman job