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Russia, Ukraine exchange strikes despite renewed US push for peace

Russia and Ukraine exchanged missile and drone attacks despite renewed US-led peace efforts, with both sides signalling possible talks in November amid differences over territorial demands.

Barclays to cut 5,000 jobs in AI-led cost drive as Q3 profit rises 12%

Barclays plans to cut around 5,000 jobs, or 5% of its workforce, this year as it uses AI to reduce costs, even as third-quarter profit rose 12% to £2.3 billion.

eMudhra to exit global SSL/TLS certificate business after security flaws

eMudhra said it would voluntarily exit the global SSL/TLS certificate business after vulnerabilities were found in its certificates, raising concerns over digital security.

India permits 6,500 tonnes of silver imports despite weak demand

India has permitted imports of around 6,500 metric tons of silver over six months despite weak domestic demand, a move expected to ease local premiums while supporting global prices.

HPCL Q2 profit falls 9% to ₹3,483 cr on higher costs, tax expenses

HPCL's Q2 net profit fell 9% to ₹3,483 crore as higher crude oil prices and tax expenses squeezed margins, despite a 26.2% rise in product sales to ₹1.39 trillion.

Sun Pharma accepts bids worth ₹7,816 crore for two five-year bonds

Sun Pharma has accepted bids worth ₹7,816 crore for two bond tranches maturing in five years and one day, offering annual coupons of 8.05% and 8.20%, merchant bankers said.

Nippon Life India AMC gets Sebi nod to settle Yes Bank AT-1 bond case

Nippon Life India AMC received in-principle regulatory approval to settle the Yes Bank AT-1 bond case after paying ₹96.76 crore, while its September-quarter net profit fell nearly 6%.

Oil prices rise over $2 as Houthi attacks in Saudi Arabia fuel supply fears

Brent crude rose 1.2% to $110.11 a barrel and US WTI gained 1% to $98.12 after Houthi attacks in Saudi Arabia killed three people and prompted Washington to order some diplomats' families to leave

India's West Asia oil imports hit pre-war levels; Russian crude falls

India's West Asia crude imports rose to 2.8 mn barrels per day in September, accounting for 54% of purchases, while Russian oil imports fell 14% month-on-month to 1.8 million bpd, ship data showed

Jio Platforms IPO: Retail quota full, subscribed 3.47 times on day two

The $3.2 billion IPO drew bids for 3.47 times the shares on offer on its second day, led by qualified institutional buyers whose quota was subscribed 9.42 times, exchange data showed

Coal supply to power plants to normalise soon as India ramps up deliveries

India is supplying a record 2.6 million tonnes of coal daily to power plants, but 96 plants had stocks for less than three days as of October 19 amid weather disruptions and rising electricity demand

Asian markets slip, led by South Korea, despite upbeat US tech earnings

MSCI's Asia-Pacific index outside Japan fell 0.2%, while South Korean shares dropped over 1%. Concerns over AI spending and Gulf tensions offset stronger-than-expected US technology earnings

OpenAI president seeks AI safeguards as group he funds opposes curbs

OpenAI President Greg Brockman's $25 million donation to a political group opposing restrictive AI rules raises questions about the company's commitment to AI safety regulations.

Why Musk backs a $3.5 trillion Tesla-SpaceX merger and what it means

Elon Musk has backed a potential $3.5 trillion merger of SpaceX and Tesla, aiming to combine their AI, robotics, satellite and energy businesses, though regulatory and governance risks remain.

Eternal Q2 profit jumps 92% to ₹125 crore but falls short of estimates

Eternal's Q2 net profit surged 92.3% to ₹1.25 billion but missed analyst estimates of ₹2.71 billion as rising costs weighed, even as revenue jumped 77.6% on strong Blinkit growth.

Indian Oil to trim West Asian oil imports under annual deals amid Iran war

Indian refiners traditionally relied on ‌the West Asia for more than half of their annual crude supplies, particularly heavier, high-sulphur grades, because of the region's proximity

Bajaj Finance, Piramal Finance flag early signs of stress in gold loans

Indian banks ​and non-bank lenders have rushed to lend to consumers against their ​gold holdings as they consider these loans more secure

Getty Images files for US bankruptcy, advances restructuring plan

Last week, Getty announced plans to file for bankruptcy, marking a major reset ‌after its planned merger ​with rival Shutterstock collapsed ​under the weight of heavy debt and growing competition

Rupee jumps to six-week high as Jio IPO-linked inflows bolster recovery

The rupee rose to a ‌peak of 94.4925 before trimming gains slightly to last quote at 94.56, up 0.4% on the day

SBI reports cyberattack exposing 3,897 customer records on dark web

SBI said a analysis showed that exposed information included customer names, mobile numbers, DOBs, email addresses, residential addresses, brand and customer identifiers, along with loan ‌records