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Govt to start auction process for 100 critical mineral blocks in 4 months

India is racing to ensure critical minerals security to power its ambition to make the country a key battery and electric vehicles manufacturing hub and help attain a net zero goal

Return to office or risk losing job, Amazon CEO Andy Jassy warns staff

Morale at Amazon has taken a hit since the company laid off about 27,000 employees

Toyota Motor to resume Japan plants after rare system malfunction

The company doesn't suspect it's the victim of a cyberattack, the spokesperson said

FBI dismantles malware system that took millions in ransom globally

US officials estimated that, since its creation in 2008, Qakbot had infected around 200,000 computers in the US and 700,000 globally

US home cashout refinancing falls to lowest since 2000 after Fed hikes

US interest-rate hikes have dented a key source of consumer funds - home-equity build-ups

Sunil Mittal's Airtel plans Uganda's biggest IPO to raise $216 million

The offer opens on Wednesday and closes on Oct. 13, according to a prospectus released in the capital, Kampala, on Tuesday. The company will start trading on the exchange on Oct. 31

Meta platform back on track with spending focused where investors want

After an unpopular pivot to Chief Executive Officer Mark Zuckerberg's metaverse virtual-reality vision in 2021 and last year's record stock plummet, the firm is seen to be back on track

PM Modi leads with voters seeing India's global influence expanding: Report

Around seven in ten Indians said the nation's influence in recent years have been growing stronger while less than a fifth think it is getting weaker

US job openings decline to 8.83 mn in July, lowest since early 2021

US job openings fell in July by more than expected to a more than two-year low, offering fresh evidence that labor demand is cooling

Apple Inc sets Sept 12 as date for launch of iPhone 15, new watches

The highlight of the event will be the iPhone 15 lineup, which will include two entry-level models and two high-end models

FirstCry founder Maheshwari probed for alleged $50 million tax evasion

At least six investors in FirstCry, including private equity firm ChrysCapital Management Co and Sunil Bharti Mittal's family office, have also received enquiries related to the matter

China's state banks to cut rates on mortgages, deposits in stimulus push

The People's Bank of China didn't immediately respond to a request seeking a comment

Only recession can tame West's inflation, says adviser to UK chancellor

While European Central Bank President Christine Lagarde and Powell offered few clues about their next steps at their upcoming decisions, each signaled ongoing concern about prices

China pledges to speed up fiscal spending to boost economy: Report

Finance Minister Liu Kun and Zheng Shanjie, chairman of the National Development and Reform Commission, made pledges in reports to the country's legislature, according to official Xinhua News Agency

Succession at Reliance: Here is what we know about the Ambani siblings

The 66-year-old elevated his three children as non-executive directors to Reliance's board and said he will spend the next five years of his chairmanship preparing them to take charge

Vedanta seeks to identify its dollar bondholders as $2 billion debt looms

Vedanta has engaged a corporate advisory firm Morrow Sodali to identify owners of notes that mature in January 2024, August 2024 and March 2025, according to a notice sent last week

Succession at Reliance: A large family fortune starts a risky transition

That transition could arrive by 2028. At Reliance Industries Ltd.'s annual general meeting Monday, the 66-year-old announced that his three children would be joining the board

ITC's Puri hopes food export bans are short-lived once supply stabilises

The company, a major wheat exporter, saw its agriculture business revenue decline 25% in the April-June quarter, hit by the export bans, according to its quarterly earnings presentation

BYD reports its weakest revenue as auto price war takes a toll in China

Revenue rose 67 per cent to 140 billion yuan ($17.8 billion) in the three months ended June, the smallest gain since the first quarter of 2022, according to Bloomberg calculations

Tech giants to face 3% digital tax in New Zealand, will begin in 2025

It would be applied at 3% on gross taxable New Zealand digital services revenue, similar to the taxes adopted by other jurisdictions such as France and the UK