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Mahindra launches XEV 9S electric SUV at a starting price of ₹20 lakh

Bookings for the vehicle will open on January14, with deliveries starting on January 23, Mahindra, India's second-largest SUV manufacturer by volumes, said

KKR-backed Serentica may raise up to $8 bn to double clean energy capacity

It currently has 2 GW of installed solar and wind capacity and 2 GW of capacity due to be commissioned within the next 10 months

Regulators considering review of strict currency derivatives rules

After the advisory, trading in the contracts -- used to hedge against foreign exchange risks and speculate on currency movements -- nosedived in India and rose overseas

Vodafone Idea unit cuts debt issue size, aims for December completion

The unit of India's third-largest wireless carrier will now raise around ₹3,200 crore ($359 million) through bond sales, down from ₹5,000 crore

RBI expected to cut interest rate to 5.25% as inflation drops: Poll

RBI Governor Sanjay Malhotra said this week that recent economic data suggested there was still scope to cut interest rates

Russia denies big concessions to Ukraine after leaked US envoy call: Report

Trump said on Tuesday Witkoff would meet Putin and that Jared Kushner, who helped negotiate the deal that brought about an uneasy ceasefire in the Gaza war between Israel and the Palestinian

Taiwan plans extra $40 billion in defence spending to counter China

China, which views democratically-governed Taiwan as its own territory, has ramped up military and political pressure over the past five years to assert its claims, which Taipei strongly rejects

US peace plan for Ukraine drew from Russian document, says report

Speaking to reporters in Geneva this week, Rubio acknowledged receiving "numerous written non-papers and things of this nature," without elaborating.

Gold near two-week peak as tepid US data fuels Fed rate cut bets

Spot gold was up 1% at $4,172.18 per ounce at 1208 GMT, its highest since November 14. U.S. gold futures for December delivery were up 0.7% at $4,168.70 per ounce

Asian stocks rise on Wall St gains as weak US data boosts Fed rate-cut bets

US stocks reclaimed lost ground after a selloff earlier this month, with the S&P 500 and Nasdaq Composite rising for a third consecutive day on Tuesday

Thyssenkrupp steel workers seek job security amid possible Jindal takeover

Jindal Steel has made an indicative bid for TKSE, Europe's second-largest steelmaker, and is currently carrying out detailed due diligence to assess whether to launch a formal offer for business

Trump may unveil his pick for US Fed chief before Christmas, says Bessent

Bessent has narrowed the search for a successor to Fed Chair Jerome Powell, whose leadership term expires in May, to five from as many as 11, and said in an interview with CNBC

Ukraine backs 'essence' of peace deal, but sensitive issues linger

Zelenskiy could visit the United States in the next few days to finalise a deal with Trump, Kyiv's national security chief Rustem Umerov said, though no such trip was confirmed from the US side

Meta in talks to spend billions on Google's chips against Nvidia: Report

The talks also involve Meta renting chips from Google Cloud as early as next year and are part of Google's broader push to get customers to adopt its tensor processing units (TPUs)

India considering added tariff on steel to curb cheaper Chinese imports

The Indian government had in April imposed a 12 per cent temporary tariff for 200 days that lapsed earlier this month

India's Russian oil imports set to fall to three-year low in December

This month, India is expected to receive 1.87 million bpd of Russian crude, provisional data from Kpler showed

Ageing populations a 'ticking time bomb' for GDP growth, says EBRD

The report pointed to a range of factors driving the fall in the birth rate - from shifts in social norms to a reduction in women's career earnings from having a baby

Asian stocks edge higher as Fed rate-cut hopes fuel tech-led rebound

Despite the dollar's slight weakness this week, the Japanese yen has remained fragile, trading at 156.95 per dollar in early Asian hours, not far from the 10-month low of 157.90 it touched last week

India's economy grew at 7.3% in Q2 on rural and govt spending boost: Poll

India remains one of the world's fastest-growing major economies in the face of US President Donald Trump raising tariffs on Indian goods to 50 per cent in August

Singapore's energy firm Sembcorp plans IPO of Indian unit, says report

Sembcorp's Indian arm, Sembcorp Green Infra, operates businesses in wind, solar and energy storage, and competes with the likes of Adani Green Energy and Avaada Group