 "Reuters")
Reuters
Reuters
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Page 17 - Reuters%20/undefined
SBI, HSBC and ICICI lead India's overseas deposit drive, data shows
The currency had declined to a record low in May but has steadied after the measures were announced in June
 "SBI, HSBC and ICICI lead India's overseas deposit drive, data shows")
India proposes extending tax breaks for contract manufacturing, aids Apple
India has also exempted from tax foreign companies' income from storing and providing parts used to manufacture such electronics components to contract manufacturers until 2041
 "India proposes extending tax breaks for contract manufacturing, aids Apple")
Essar Group plans $5.8 billion energy transition investment in UK by 2035
Essar Energy Transition Fuels (EETF), a unit of Essar Group, operates a 200,000-barrels-per-day Stanlow refinery
 "Essar Group plans $5.8 billion energy transition investment in UK by 2035")
EU in talks with OpenAI, Anthropic after rogue AI agent hacking incidents
Europe's AI Act, which kicks in on August 2, is the first legislation in the world to regulate a technology used in almost all sectors of businesses and society
 "EU in talks with OpenAI, Anthropic after rogue AI agent hacking incidents")
Alphabet rolls back AI image feature in Google Earth over policy concerns
The feature, powered by Google's Nano Banana 2 AI model, had allowed users to generate photorealistic images grounded in Google Earth's satellite, aerial and 3D imagery by typing a text prompt
 "Alphabet rolls back AI image feature in Google Earth over policy concerns")
DeepSeek's V4-Flash emerges as world's cheapest AI model to run: Report
DeepSeek officially released its V4-Flash model on Friday, its latest attempt to regain momentum by doing what it is best known for - offering ultra-low-cost AI alternatives
 "DeepSeek's V4-Flash emerges as world's cheapest AI model to run: Report")
Atari posts highest annual revenue in over a decade on gaming revival
Atari, the arcade and console pioneer that filed for bankruptcy protection just over a decade ago, is riding a broader industry shift toward mining back catalogues and nostalgia-driven franchises
 "Atari posts highest annual revenue in over a decade on gaming revival")
Chennai Petroleum plans to expand refining capacity to 280,000 bpd
Chennai Petroleum operates a 210,000-bpd Manali refinery in the southern state of Tamil Nadu
 "Chennai Petroleum plans to expand refining capacity to 280,000 bpd")
Rupee climbs to nearly one-month high on oil slump, strong inflows
The currency strengthened nearly 0.3% to 95.13 per dollar, its highest since July 8
 "Rupee climbs to nearly one-month high on oil slump, strong inflows")
KKR-backed logistics firm LEAP India to launch $260 million IPO on Aug 7
The firm will sell shares in a price band of ₹151-₹159 apiece
 "KKR-backed logistics firm LEAP India to launch $260 million IPO on Aug 7")
Alibaba unveils largest AI model Qwen3.8-Max as competition intensifies
Qwen3.8-Max has 2.4 trillion parameters, the numerical settings a model learns from data and uses to recognise patterns, generate answers, and carry out tasks
 "Alibaba unveils largest AI model Qwen3.8-Max as competition intensifies")
Japan, US confirm joint yen-buying intervention, signal more action
The move underscored both countries' resolve to prevent a selloff in the yen and Japanese government bonds (JGBs) from causing global spillovers
 "Japan, US confirm joint yen-buying intervention, signal more action")
AstraZeneca holds talks with Bristol Myers Squibb on $400 billion megadeal
A potential deal would carry regulatory risk because of concerns about how it might be assessed by US antitrust authorities under President Donald Trump's administration
 "AstraZeneca holds talks with Bristol Myers Squibb on $400 billion megadeal")
5.6 magnitude earthquake strikes Egypt's Suez, no damage reported
The Egyptian Red Crescent said it activated its emergency response plan in the governorates where the quake was felt
 "5.6 magnitude earthquake strikes Egypt's Suez, no damage reported")
CERC proposes transmission charge relief for delayed renewable projects
Several clean energy projects have been stalled in India because of a lack of transmission infrastructure
 "CERC proposes transmission charge relief for delayed renewable projects")
Oil drops nearly 5% as Trump cancels attack on Iran to reach nuclear deal
Brent crude futures slid $4.08, or 4.64%, to $83.85 by 2352 GMT while US West Texas Intermediate crude was at $80.66 a barrel, down $4.01, or 4.74%
 "Oil drops nearly 5% as Trump cancels attack on Iran to reach nuclear deal")
Opec+ likely to approve September output hike, pause further increases
The seven core members of Opec+ - Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman - have been increasing monthly production quotas for most of this year
 "Opec+ likely to approve September output hike, pause further increases")
Iran warns of strikes on other nations' energy fields if US attacks again
Iranian Foreign Minister Abbas Araqchi said Iran would respond decisively to any aggression and discussed the consequences of destabilising actions by the US
 "Iran warns of strikes on other nations' energy fields if US attacks again")
Apple forecasts slower sales growth as chip supply crunch persists
"We're seeing some very significant (supply) constraints currently with limited flexibility in the supply chain to remedy it," Chief Executive Tim Cook said
IndiGo to discontinue widebody operations, end Norse Atlantic lease
A worsening operating environment, driven by geopolitical tensions, has increased costs and weighed on the economics of the programme
 "IndiGo to discontinue widebody operations, end Norse Atlantic lease")