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Cybertruck designer says Tesla stainless steel pickup is no experiment

The stainless-steel clad truck is all angles, in part because a traditional press can't bend the steel into curves

Govt probe into bribery claim in toxic syrup tests nears completion: Report

Indian-made cough syrups have been linked to the deaths of at least 141 children in Gambia, Uzbekistan and Cameroon since last year

Indonesia secures rice import commitments from India, Thailand: Report

Jokowi, as the president is known, said while Indonesia's headline inflation is low, he remains concerned about food prices and imports would help secure supply

Dollar softens, sterling squeezes as focus turns to US inflation figures

The dollar dipped on Thursday while sterling crosses were nursing losses in holiday-thinned trade ahead of the last major data release of the year in Friday's US inflation figures

Honda to recall 2.5 million US vehicles over risks of fuel pump failure

To address the issue, dealers will replace the fuel pump module, free of charge, the NHTSA said

Tesla faces inquiry by Norway's safety regulator over suspension failures

A decision is expected by Christmas. The agency has the authority to order a recall if an automaker refuses

Waaree Energies to invest $1 billion in Texas solar panel factory

The announcement is the latest major corporate commitment to solar manufacturing since passage of U.S. President Joe Biden's landmark climate change law last year which offers subsidies and tax breaks

Israel intensifies Gaza strikes, Hamas fires rockets amid truce talks

Fighting in the Gaza Strip escalated on Thursday with some of the most intense Israeli bombardment of the war and Hamas demonstrated its ability to rocket Tel Aviv

'Indian agri trade curbs to cut exports by $4 bn, Red Sea attacks a risk'

The world's second-largest producer of wheat, rice and sugar, India has restricted exports of these commodities to rein in rising domestic prices

RBI announces 7-day repo, raises quantum in comparision to last week

India's central bank will conduct a variable rate repo (VRR) auction for a second straight week on Dec. 22, this time with a higher quantum of infusion

As RBI tightens rules, Piramal to set aside funds for AIF exposure

As per the RBI's direction, regulated entities must liquidate their investments in AIFs within 30 days should the fund invest in an existing borrower

Ansuman Pattnaik to replace Atul Verma as CCI's new head of investigations

Pattnaik has 28 years of experience working in various positions in the Indian government. He also worked at the CCI during 2014-2019 in its investigations unit and was head of the unit briefly

Rupee ends lower due to high dollar demand from oil firms, US data awaited

The Indian rupee declined on Thursday as dollar demand from local oil companies weighed on the local unit, while traders awaited GDP and labour market data from the United States

Oil prices go steady with trading Brent near $80 as US output hits record

Brent crude futures rose 13 cents, or 0.1%, to $79.80 a barrel by 0914 GMT, while U.S. West Texas Intermediate crude was 4 cents higher at $74.26

Indian banks' liquidity deficit at 8-yr high, traders eye repo rollover

ndian banking system is facing a widening liquidity deficit, reaching levels last seen in 2016, that may prompt the central bank to provide another round of short-term cash infusion

Committee recommends route to direct listing at IFSC GIFT city: Report

The group also suggested that Indian mutual funds may be permitted to participate in direct listings at the IFSC up to a limit of 1% of their assets under management

Sony sold over 50 million Play Station 5 gaming consoles over three years

Sony's games business was its largest unit by sales and the second-biggest contributor to operating profit after music in the last financial year

Apple ramps up Vision Pro production, plans February launch: Report

Announced in June this year, the Vision Pro is expected to be available by early 2024 in the US at $3,499

Investment funds managers face tougher rules on investor cash calls

Global regulators published tougher rules for managers of open-ended investment funds to ensure they can meet investor cash calls in a crisis without need for emergency liquidity from central banks

Russian court fines Google $50.8 mn over 'fake' Ukraine information

A Russian court fined Alphabet's Google on Wednesday 4.6 billion roubles ($50.84 million) for failing to delete so-called "fake" information about the conflict in Ukraine