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Tesla to double its components imports from India, says Piyush Goyal

He said in September Tesla was aiming to source components worth between $1.7 billion and $1.9 billion from India this year, having bought $1 billion of components last year

India-Russia discuss joint production of aircraft weapons for IAF: Report

Russia continues to be India's largest arms supplier with its share of Indian defence imports at 45% in 2022, according to this year's report from the SIPRI.

Tata Steel cuts 800 jobs in the Netherlands to increase profitability

"Despite all efforts by Tata Steel to improve its market position and reduce costs, more needs to be done," the company said in a statement

Three Indian cities among world's 10 most polluted after Diwali, Delhi tops

It had an air quality index (AQI) figure of 407, putting it the "hazardous" category, according to Swiss group IQAir

Palm and sun oil imports rise to record highs on rebound in consumption

Soyoil imports in the year fell 12% to 3.68 million tons as for most of the months it was trading at a premium over palm oil and sunflower oil

Gold prices hold steady as investors awaits key US inflation data

Core US CPI month-over-month is expected to have risen 0.3% in October, with a year-over-year increase of 4.1%, a poll showed. Both estimated gains are the same as in September

Traders excited and worried as stock options trading booms in India

Data from exchanges, which are big winners of this surge in demand, shows the daily average value of assets underlying these stock options more than doubled between March and October to $4.2 trillion

US govt announces steps to free up more wireless spectrum for advanced tech

The White House has said additional spectrum is key to next-generation wireless service and a variety of advanced technology, infrastructure and government needs

US economic outlook strengthens, inflation progress bumpy: Survey

Forecasters see more straightforward progress on the so-called core measures for both CPI and PCE inflation, which strip out the more volatilie components of food and energy

Continental plans thousands of job cuts in auto division to save €400 mn

The group as a whole employed around 200,000 people in 57 countries and markets as of the end of 2022

JP Morgan ESG head Chuka Umunna calls for new green tech funding model

This was partly because of the capital requirements for some green tech firms in early stages of development, he said

Manappuram Finance beats Q2 profit estimates, up 37% on high loan demand

Gold prices hit a record high earlier this year and though it saw some subsequent corrections, prices were up more than 20% year-on-year for the quarter

Moody's warns US top-notch credit rating under threat, lowers outlook

Continued "political polarization in Congress raises the risk that lawmakers will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability," Moody's said

Siemens Energy $16 bn guarantee deal to be presented on Wednesday

Of the 15 billion, banks involved in the talks will bear around 12 billion euros, of which the government would backstop 7.5 billion, the people said

Volkswagen to cut administrative personnel costs by 20% in savings drive

The specific details of the drive at Volkswagen's passenger car brand, announced in June and currently being defined in talks between management and the workers council, are due to be set by December

Rupee little changed as RBI support aids, inflation data in focus

While state-run banks were supplying dollars in the spot market even on Monday, traders said it was difficult to ascertain whether it was for their clients or for the RBI

Oil wavers on weak demand outlook in US and China, Fed hedging

Prices gained nearly 2% on Friday as Iraq voiced support for oil cuts by OPEC+, but lost about 4% for the week, recording a three-week losing streak for the first time since May

Russia to limit only VPN services which pose a 'threat' to security

Demand for VPN services soared after Russia restricted access to some Western social media after President Vladimir Putin ordered troops into Ukraine in February 2022

Germany set to double Ukraine military aid under Scholz plan: Report

A spokesperson for Germany's Ministry of Defence said the Bundestag committee has not finished negotiations and declined to comment further

In UN talks for plastic treaty, delegates to face off over production limit

"We are at a pivotal moment in this process," said Andres Del Castillo, a senior attorney of the Center for International Environmental Law who is an observer to the negotiations