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Alvarez & Marsal plans to triple global capability centre staff in India

Multinational companies are increasingly setting up so-called global capability centres, which have evolved from low-cost back offices to high-value innovation hubs

Asian shares choppy, dollar steady as traders await Powell speech

Financial markets are looking out for Powell to provide clues about the likelihood of a September rate cut

Putin prepared to meet Zelenskyy but legitimacy an issue, says Lavrov

Russian officials say they are worried that if Zelenskyy signs the deal then a future leader of Ukraine could contest it on the basis that Zelenskyy's term had technically expired

Putin demands Donbas, no NATO or Western troops in Ukraine: Report

Speaking afterwards beside Trump, Putin said the meeting would hopefully open up the road to peace in Ukraine - but neither leader gave specifics about what they discussed

US weekly jobless claims jump to 235,000, highest level since June

Economists said the continuing claims trend was consistent with the unemployment rate rising to 4.3 per cent in August from 4.2 per cent in July

India resumes canola oil imports after 5 years as domestic prices surge

India mainly buys palm oil from Indonesia and Malaysia, while it imports soyoil and sunflower oil from Argentina, Brazil, Russia and Ukraine

Japan's Takeda weighs India for global trials to speed up drug launches

Takeda is also open to partnering with local academia, healthcare providers and technology firms in India for innovation, Das said, without sharing more specifics

Indian firms face Asia's biggest earnings downgrades on tariff risk: Report

The cuts follow a lacklustre season of quarterly earnings reports extending a bout of weakness among listed firms which kicked off last year and has hurt benchmark equity indexes

Healthcare IT firm Availity to triple India tech staff by 2026 end

The company will widen its Bengaluru capability centre, targeting headcount growth to 400 from 250 by end-2025

Europe will have to take lion's share of burden for Ukraine security: Vance

European countries have formed a coalition of the willing that would commit forces to guarantee Ukraine's security

Sanctions-hit Nayara Energy uses dark fleet to import oil, transport fuels

Nayara, which controls about 8 per cent of India's 5.2 million barrel-per-day refining capacity, has been struggling to transport fuel since being placed under EU sanctions

US examines equity stake in chip makers for CHIPS Act cash grants: Report

Trump administration has recently made unusual deals with US companies, including allowing AI chip giant Nvidia to sell H20 chips to China, exchange for the US government receiving 15% of those sales

Amazon to revamp Fire tablets with Android in major Kittyhawk project

As part of a project known internally as Kittyhawk, Amazon plans to release a higher-end tablet as soon as next year offering the Android operating system software for the first time

Russia expects India to keep buying its oil, seeks China-India-Russia talks

Russian First Deputy Prime Minister Denis Manturov said separately that Russia saw scope for supplies of liquefied natural gas to India

Intel in talks with large investors for equity boost at discount: Report

The CNBC report, which cited people familiar with the matter, did not name the potential investors. Intel, whose shares fell 7 per cent, did not respond to a Reuters request for comment

US tariffs key drag on growth, flags benign inflation outlook: MPC

The Reserve Bank of India held its key repo rate steady at 5.50 per cent earlier this month, after cutting rates by 100 basis points so far in 2025

UltraTech Cement to sell up to 6.5% stake in unit India Cements

The company, which took control of India Cements in July last year, said the sale was to comply with "applicable laws"

Indian Oil, BPCL resume buying Russian oil for September as discounts widen

Discounts for Russian flagship Urals crude have widened to about $3 per barrel, making the oil attractive for Indian refiners, while China has stepped up purchases, the officials said

Tata Motors returns to South African car market after six-year absence

Growing demand for budget-friendly cars is luring global automakers to offer consumers more options

Chinese refiners sweep Russian oil as Indian demand weakens, discounts fall

China had secured 15 Russian Urals cargoes for October-November delivery by the end of last week, said Richard Jones, a Singapore-based crude analyst at Energy Aspects