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Zee Entertainment's CFO Rohit Gupta resigns due to 'personal reasons'

Mukund Galgali, the head of Zee's commercial and strategic initiatives, has been with the group for 17 years. He will assume responsibilities as acting CFO from Wednesday

SBI plans to raise Rs 10,000 cr via infrastructure bonds, say bankers

This will be the lender's first bond issuance and the country's first infrastructure bond sale this financial year

Vedanta Resources proposes to cut debt by $3 bln over next three years

Vedanta Resources, whose debt stood at $6 billion as of March 2024, has been grappling with a host of rating downgrades since last year as analysts flagged liquidity issues and high default risk

Sebi plans tweaks in derivative trading rules to curtail options trading

The new rules could include higher margins for options contracts and more detailed disclosures

US retail sales miss expectations in May; April data revised significantly

Inflation and higher interest rates are forcing households to prioritise essentials and cut back on discretionary spending

Amazon Pharmacy expands eligibility for subscription to Medicare patients

Amazon has worked to lure customers away from more established pharmacies like CVS and Walgreens since launching its pharmacy unit in 2020

India must avoid 'adventurism', focus on bringing down inflation: RBI chief

The central bank kept the key repo rate unchanged at 6.5% for an eighth straight policy meeting earlier this month saying robust economic growth will give it space to focus on bringing down inflation

Vodafone to sell 10% stake in Indus Towers for up to $1.1 billion

Vodafone plans to repay part of its $42.17 billion net debt using proceeds from the Indus Towers stake sale

UK approval of arms exports to Israel plunged sharply at start of Gaza war

The United States and Germany increased arms sales to Israel after the start of the war with the Palestinian group Hamas in October last year

In a first in Southeast Asia, Thailand passes marriage equality bill

LGBT advocates called the move a "monumental step forward," as Thailand would be the first nation in Southeast Asia to enact marriage equality legislation

What is China's panda diplomacy; everything you need to know about it

Since its founding in 1949, the People's Republic of China has used panda diplomacy to boost its international image, either by gifting or lending panda to foreign zoos as goodwill animal ambassadors

State-run Coal India exploring lithium assets in Argentina with US company

India and the United States said on Monday they were co-investing in a lithium resource project in South America and a rare earths deposit in Africa to diversify critical minerals supply chains

China's jet fuel exports up 68.1% on year in May on rising travel demand

China's kerosene output rose 32.7 per cent year-on-year in January-April, the most recent data available

Critical minerals, clean energy key focus as Chinese premier visits Aus

Perth is the capital of Western Australia state, which provided 39% of the world's iron ore last year. Iron ore is one of Australia's most lucrative exports

More central banks to add to their gold reserves within 12 months: Survey

Demand for gold from central banks has been elevated in the last two years as some countries diversify their foreign currency reserves

Taiwan alert after China's nuclear submarine surfaces in Taiwan Strait

Taiwan Defence Minister Wellington Koo said they have a "grasp" of the intelligence situation, but declined to say how they were monitoring it or give details

'AI can help shipping industry cut emissions by 47 mn tonnes every year'

The use of the technology could reduce the need for maneuvers and route deviation from close encounters with high-risk marine targets

Elon Musk plans stock-based compensation to Tesla's high-performers

Tesla last year skipped merit-based stock awards to employees

Nato targets AI, robots and space technology in $1.1 billion fund

On Tuesday, the Nato Innovation Fund (NIF) confirmed it had directly invested in four European tech companies

Govt bond yields largely unchanged as traders await stronger triggers

Foreign investors added new seven-year bond positions during its auction on Friday, while overseas banks have also been on a bond-buying spree for the last four weeks