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Tesla expects slowing of growth before new EV model launch in 2025: Musk

Tesla started slashing the prices of its cars in late 2022, igniting a price war that singed US rivals including Ford, who have all slowed EV production

Commerce ministry backs import tax cuts on gold bars: Govt officials

"India's customs duty on gold is among the highest globally," said Vipul Shah, chairman of the GJEPC

HDFC Bank sees period of consolidation as it absorbs mega merger: Report

Before the merger, the bank's return on equity was above 17 per cent, but it has since declined to 15.8 per cent as of December-end

Banks urge return to call option valuation for perpetual bonds: Report

They added that the recommendation was currently under review with the NFRA, a regulator that oversees auditing, which will submit its views to a panel of top regulators

'Mass casualties' at UN centre as Israel forces advance through Khan Younis

"Dismantling Hamas' military framework in western Khan Yunis is the heart of the logic behind the operation," it said

Houthi authorities order US, British nationals to leave Yemen in one month

The letter also ordered foreign organisations to not hire American and British citizens for Yemen's operations

Unilever's US, European market share slips as private label booms

Unilever's underlying price growth was 13.3% at its height in the fourth quarter of 2022, with prices at its home care business up nearly 17%

SAP to restructure 8,000 jobs in push towards AI, shares hit record

The company said it will spend 2 billion euros ($2.2 billion) on the programme to either retrain employees with AI skills or to replace them through voluntary redundancy programs

RBL Bank targets 20% loan growth over next two financial years: CEO

"We are trying to get into areas which are futuristic ... and have a better management of the capital," R Subramaniakumar told Reuters in an interview

Boeing installed piece that blew off Alaska Airlines MAX 9 jet: Report

Boeing declined to comment on details that are under investigation by the National Transportation Safety Board

'We have a problem': Boeing 757 passenger jet loses wheel during take-off

An FAA notice filed on Monday said the aircraft was lining up and waiting for takeoff at Hartsfield-Jackson International Airport when the "nose wheel came off and rolled down the hill."

IEA will expedite 2025 oil demand forecast after Opec's early move

OPEC believes oil use will keep rising over the next two decades, while the IEA, which represents industrialised countries, predicts it will peak by 2030

Google to help fund Israeli artificial intelligence firms, Palestinian biz

"In the current situation, quite a few startups in Israel are struggling to raise capital from investors and urgently need financial bridging in order to continue operating," Google said in statement

AT&T's equipment writedown hurts annual profit view, shares decline

The writedown of Nokia equipment will reduce annual earnings per share by nearly 17 cents and comes as AT&T shifts to new lower-cost ORAN technology, or open radio access network

Crude oil rises towards $80 as China announces economic stimulus package

The front-month March contract for Brent crude was up 40 cents to $79.95 a barrel at 1410 GMT. U.S. West Texas Intermediate crude was up 57 cents to $74.94 a barrel

TVS, Bajaj Auto forecast lingering challenges to recovery of exports

On top of festive season, Bajaj Auto also benefited from strong demand for its premium motorcycles, led by the two Triumph models

PNB Housing Finance Q3 profit rises 26% to Rs 338 cr on lower expenses

Interest rates have moderated in recent times, with the country registering its highest home sales since 2008 last year, according to a report

Blue Dart Express Q3 profit rises to Rs 888.9 mn on festive demand

Logistic companies have been grappling with increased competition, slow demand and volatile air turbine fuel (ATF) rates, which form a major part of their expenses

Tata Steel Q3 profit at Rs 513 crore as lower costs counter weak revenue

Subdued local prices due to cheaper shipments from top producer China hurt the country's steelmakers in the October-December period, despite sustained domestic demand

Gold prices firms on softer dollar as market await US economic data

Spot gold edged up 0.2% to $2,032.88 per ounce by 12:50 GMT. U.S. gold futures rose 0.42% to $2,034.30