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Oil prices slip, Brent falls toward $80/barrel ahead of Opec+ meeting

Brent crude futures fell 42 cents, or 0.5%, to $80.16 a barrel by 0901 GMT, while U.S. West Texas Intermediate crude futures were at $75.05 a barrel, down 49 cents, or 0.7%

India to remain fastest-growing major economy, demand uneven: Poll

Gross domestic product (GDP) growth is forecast to have slowed to 6.8% in the July-September quarter from 7.8% in the previous quarter

Drug manufacturers in India benefit from Big Pharma interest beyond China

China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing services due to the low cost and speed offered by contract drugmakers there

Chinese authorities open probe into troubled shadow bank Zhongzhi

Police urged investors to report cases or provide leads to the authorities, including filing complaints online

China health ministry for more fever clinics to combat mystery illness

Both SARS and Covid-19 were first reported as unusual types of pneumonia

Sebi board meeting: Key decisions on AIFs, NPOs, REITs, index providers

Sebi held its quarterly board meeting in Mumbai on Saturday where it approved several key decisions including providing flexibility for fund raising by NPOs through the social stock exchange

Centre announces phased introduction of biogas blending for domestic use

The mandatory phased introduction will start at 1% for use in automobiles and households from April 2025, it said. The share of mandatory blending will then be increased to around 5% by 2028

India's forex exchange reserves rise to 11-week high of $595 billion

The currency settled at 83.3675 on Friday, a record closing low, and was down 0.1% for the week

Investors pour $40 bn into stocks in two weeks as markets surge: BofA

Global stocks have surged since the end of October as data has shown U.S. inflation is cooling faster than expected

Amazon hit by strikes, protests across Europe during Black Friday trade

More than 200 workers were striking on Friday at Amazon's warehouse in Coventry, England as part of a long-running dispute over pay

Barclays working on $1.25 bn cost plan, could cut up to 2,000 jobs: Report

"This will be viewed as a net positive for investors, but we now need to see more detail on how long the benefits will take to appear," he said

India plans strategic reserves by storing gas in depleted wells: GAIL

The strategic facilities would be built in phases in India's western and northeastern regions with an initial capacity to store three to four billion cubic meters (bcm) of gas

Indian Oil to double Ennore LNG terminal's capacity to 10 mn metric tpy

Jain said IOC hopes to boost local sales of gas to 20 million tpy by 2030, a substantial increase from the current 6.3 million tpy

A century after debut, UK music store HMV makes Oxford Street return

The 363 Oxford Street address hosted the very first HMV store in 1921, opened by composer Edward Elgar, and was central to the development of British popular music and culture

India could miss planned divestment targets by more than half this year

In 2023/24, about Rs 30,000 crore of the Rs 51,000 crore target was expected through stake sales in IDBI Bank and the privatisation of state-owned NMDC Steel

UN talks weigh goal to reduce aviation emissions via less-polluting fuels

ICAO's third Conference on Aviation and Alternative Fuels (CAAF) runs this week ahead of the COP28 U.N. climate summit in Dubai, which starts on Nov 30

India non-bank body appeals to RBI to review recent risk weight increase

The RBI last week increased the risk weights, or the capital that banks need to set aside for every loan disbursed, for banks and NBFCs by 25 percentage points to 125% on retail loans

Go First lenders to vote on liquidation amid lack of suitors: Report

The proposal whether or not to liquidate the airline has been floated and with individual lenders will take the proposal to their boards and submit final votes in 10-15 days, the report said

Boycott campaigns over Gaza war hit Western brands in some Arab countries

All have been hit by a largely spontaneous, grassroots boycott campaign over Israel's military offensive in the Gaza Strip since the deadly Hamas attack in southern Israel on October 7

OpenAI staff warned of 'dangerous' AI tool: Sam Altman was fired next day

The previously unreported letter and AI algorithm were key developments before the board's ouster of Altman, the poster child of generative AI, the two sources said