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Asian shares rise as upbeat US data calms nerves over stretched valuations

Data on Wednesday showed the US services sector activity increased to an eight-month high in October as new orders grew solidly

Gold rises over 1% on safe-haven demand despite strong US payrolls

Spot gold was up 1.2% at $3,977.94 per ounce by 10:57 am ET (1557 GMT). US gold futures for December delivery rose 0.7% to $3,989.80 per ounce

Stocks drop, as investors fret over tech valuations; gold rallies

US e-mini futures slid 0.1%, suggesting Tuesday's 1.2% drop for the S&P 500 may continue

Britannia appoints ex-Birla Opus chief Rakshit Hargave as new CEO

The management change comes as consumer goods makers in India are navigating period of tax rate cuts and shifting demand trends, adding pressure to protect margins and sustain growth

Honeywell Automation India Q2 Profit up 3.8% on stronger industrial demand

India's industrial output hit a four-month high in July, rising 4.3% year-on-year, and it rose 4.1% and 4% in August and September, respectively

TeamLease Q2 results: PAT up 12%, sees higher demand for staffing services

Consolidated net profit rose to 275.2 million rupees ($3.13 million) for the three months ended September 30, from 245.8 million rupees a year earlier

Rapeseed planting to hit record high on good weather, Chinese demand

The combined planting area for rapeseed and closely related mustard is expected to increase by 7% to 8% this year

CERC's tighter green power regulations may hit clean energy investments

The new framework aims to gradually narrow the permissible gap between the amount of electricity producers commit to supply and what they actually generate

Asian markets pull back as stretched valuation fears jolt Wall Street

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8 per cent, led by declines in South Korean shares with a loss of 4.1 per cent

Trump, Modi speak frequently as trade talks continue, says White House

Trump said last week in South Korea that he wanted to reach a trade deal with India, signalling a thaw in relations that soured to their lowest point in decades

Norway fund to vote against Tesla's $1 trn compensation for Elon Musk

Investors in the electric-vehicle maker will decide on November 6 whether to approve the package, likely the largest-ever CEO compensation agreement

NSE sets aside ₹1,300 crore to settle Sebi cases ahead of long-awaited IPO

NSE, the world's most active derivatives exchange, has been embroiled in litigation with the Securities and Exchange Board of India since 2019

Deutsche Telekom, Nvidia to launch $1.2 bn AI cloud for industrial clients

Nvidia CEO Jensen Huang said the artificial intelligence giant was also willing to invest more in the country

India asks RE agencies to secure buyers for stranded power projects

According to the document, the ministry has directed REIAs to sign agreements directly with the developer, bypassing the buyer-side agreement, or, alternatively, cancel the tenders as a last resort

Producers concerned about India's import curbs on met coke: JSW Steel CEO

In June, the government extended the curbs, introducing country-specific quotas and capping overseas purchases at 1.4 million tons between July 1 and December 31

India's clean-industry pipeline hampered by financing, other delays: Report

Some projects in India have already lined up buyers for clean energy and partial funding, but are still waiting for clear rules, permits and access to power transmission

Asian markets retreat from record highs as investors book profits

Overnight, a rally in US tech shares buoyed both the US S&P 500 and Nasdaq, though futures pointed to declines of 0.3 per cent and 0.5 per cent, respectively

IndusInd Bank targets market-level growth next fiscal, says new CEO

In the September quarter - the first under new chief executive Rajiv Anand - the bank reported a net loss as its loan and deposit portfolios shrank

China's Xi seeks to boost investment, deepen economic ties with Russia

Xi met Russian Prime Minister Mikhail Mishustin in Beijing at the Great Hall of the People, a day after Chinese Premier Li Qiang held a meeting with Mishustin in Hangzhou

S&P 500, Nasdaq gain after Amazon-OpenAI deal; Kenvue jumps after buyout

Loop Capital raised its price target for Nvidia stock by $100, which also helped gains