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UK PM Starmer names business adviser Chandra as special envoy to US

Chandra, who had also interviewed for the top diplomatic spot in Washington, will be based in Britain, travelling back and forth to the US

Trump admin pushes out official whose unit banned Chinese vehicles

The office, which falls under the department's Bureau of Industry and Security, also has not issued expected restrictions to address concerns about medium and heavy-duty truck imports

At $43.2 billion, record outflows from global equity funds in a week

Global equity funds see record $43.2 billion weekly outflows as heavy selling in US and Chinese stocks outweighs inflows elsewhere

Massive armada moving towards Iran, says Trump amid deadly protests

Death toll in protest crackdown tops 5,000

Berlin cannot accept Trump's Board of Peace plan in current form: Merz

German Chancellor Friedrich Merz says Berlin is open to joining Trump's Gaza peace initiative but rejects its current structure on constitutional grounds.

Russia, Ukraine sit for talks on territorial issue; no sign of compromise

Ukraine-Russia talks in Abu Dhabi hit a wall over Donbas as Russian strikes deepen Ukraine's worst energy crisis of the war

Sebi accuses executives at EY, PwC of breaching insider trading rules

Sebi also accused executives at Carlyle Group and ​Advent International of sharing unpublished price sensitive information involving a 2022 share sale by Yes Bank

CCI links JSW Steel, Tata Steel to price cartel via WhatsApp chats

India's antitrust watchdog found Tata Steel, JSW, SAIL and RINL shared price plans and coordinated output cuts, pointing to cartel-like behaviour

Silver tops $100/oz for first time, gold hits fresh record of $5,000

The metal has surged more than 200% in the past year, also driven by ongoing challenges in scaling up refining of the metal and a persistent supply shortage in the market

Adani group stocks lose $12.5 bn after US SEC move on email summons

Adani Group stocks slid sharply after a US SEC filing sought court approval to email summons to Gautam Adani, wiping out $12.5 billion in market value

Axis Bank puts Axis Finance stake sale on hold after RBI eases rules

Axis Bank has paused plans to sell a stake in its consumer lending arm, Axis Finance, after the RBI eased proposed curbs on overlapping bank and subsidiary businesses

RBI moves to inject over $23 bn of liquidity into banking system

RBI announced over $23 billion in liquidity measures via repos, FX swaps and bond buys to ease banking system stress amid rising yields and rupee pressure

State-run BPCL to sign $780 million oil deal with Brazil's Petrobras

Indian refiners are redrafting their oil import strategies, buying more oil from ​Middle Eastern, African and South American countries to make up for a reduction in Russian oil supplies

India Cements Q3 result: Loss narrows to ₹5.7 crore, revenue up 23%

Including the tax cuts, average pan-India cement prices ‌dropped 6 per cent on-year in the reported ​quarter, data from brokerage Ambit Capital showed

Godrej Industries looking for acquisitions in consumer sector: Nadir Godrej

Nadir Godrej also said the group's food ​and agri business, Godrej Agrovet, is looking for prospects in the animal feed category

India, EU likely to seal long-pending free trade pact at summit on Jan 27

At the World Economic Forum in Davos on Tuesday, von der Leyen signalled progress, stating the European Union is close to concluding the agreement but acknowledged that additional work remains

IndusInd Bank chairman Sunil Mehta to step down, Arijit Basu to succeed

Mehta will be succeeded by Arijit Basu, who most recently was the chairman at non-banking finance ​company HDB Financial Services, a unit of India's top private lender HDFC Bank

Indian Oil buys oil from Angola, Brazil, UAE to replace Russian crude

Indian refiners are recalibrating their strategies to shift away from top supplier Russia and boost imports from the Middle East

Radico Khaitan sees FY27 revenue growth above estimates on premium demand

Managing Director Abhishek Khaitan said on Thursday he expects sales volume in the company's "prestige and above" business, which makes up roughly half of its total revenue, to climb over 15%

India to stick to fiscal consolidation path in Budget, say economists: Poll

Capital spending has risen more than fivefold over the past decade and has been a key contributor to recent strong growth in Asia's third-largest economy