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India's sugar mills, refiners seen importing just half of duty-free quota

The world's biggest sugar consumer last week ‌allowed duty-free imports until October 31 to ease record-high prices ahead of the festival season, when demand for traditional sweets typically peaks.

Air India seeks $1.5 bn from owners Tata, Singapore Air as losses mount

The carrier and its budget unit Air India Express posted combined losses of $2.33 billion in the fiscal year ended March, more than double the prior year's losses

US state launches probe into OpenAI after AI agent hacks Hugging Face

Last week, IPO-bound OpenAI said it would slow the pace of model development while overhauling its ‌research and training systems

Axis Bank bets on data centres, gold loans to outpace credit growth

Data centres, renewable energy and urbanisation are driving corporate credit demand, while gold loans and borrowers from smaller cities are fuelling retail growth, its ​chief executive said

India wanted warning labels on chip packets, soda but big food fought back

India's push for clearer nutritional warnings has faced resistance from food giants, even as similar companies use prominent labels in overseas markets

Oil steady as investors weigh impact of expanded US sanctions against Iran

Brent ​crude futures were down 9 cents, or 0.1%, at $92.16 by 0104 GMT, ​while US West Texas Intermediate crude was up 1 cent at $85.02 a barrel

Asian shares slip as tech stocks weigh ahead of key Nvidia results

The tech sector is holding its breath for Nvidia's results ‌on Wednesday; investors are aware how hard it will be for the chipmaker to meet lofty expectations

India's economic growth likely slowed to 7.1% in April-June quarter: Poll

Risks to the outlook for Asia's third-largest economy, which imports more than 85 per cent of its oil, have increased as crude prices are above $90 a barrel and may climb higher

Trump administration moves to impose over $100K fee on H-1B worker visas

A federal judge in June ruled that the fee was illegal and blocked the ‌Trump administration from collecting it.

Iran vows retaliation as US expands sanctions, threatens economic lifeline

US Treasury Secy Scott Bessent unveiled measures but stopped short of the most punishing sanctions, saying countries that continued trading with Iran risked being forced out of dollar system

Zelenskiy says Russia is 'not ready' for ceasefire on grain ships

Moscow and Kyiv, major players in global agriculture markets, have accused each other of intensified attacks on vessels used for food exports ‌during Russia's war in Ukraine.

Trump threatens 50% tariffs on all cars, trucks from Canada amid trade spat

"On Trade, and in other ways, also, they are among the worst Nations in the World to deal with. They feel entitled, and yet, WE DON'T NEED CANADA, THEY NEED US!" Trump said.

India's Iran exports set to fall further amid Dubai halt, US sanctions

Indian exporters fear Trump's proposed "economic D-Day" plan, likely to be unveiled later on Monday, could further squeeze trade weakened by sanctions, banking caution and shipping constraints

Economic cooperation with Russia has grown very significantly: Jaishankar

Jaishankar met Putin during his visit to Moscow for a meeting of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation.

India plans first tokenised corporate bond issue using blockchain in Sept

Tokenised bonds are securities whose ownership, issuance, trading and settlement are recorded digitally on a blockchain or distributed ledger, allowing transactions to be completed almost instantly.

Godrej Industries to invest ₹20,000 crore in Haryana, create 40,000 jobs

The group has signed a memorandum of understanding with the state government with the investment expected to create around 40,000 jobs

GATE 2027 registration begins from Aug 27; check revised schedule and more

GATE 2027: As per the revised schedule issued by IIT Madras,the online registration process for Graduate Aptitude Test in Engineering (GATE) 2027 will start this week at the official GATE 2027 website

Gold hits over 3-month high ahead of US inflation data, Fed chair speech

Spot ‌gold was up 0.9 per cent at $4,643.63 per ounce, as of 0644 GMT, the highest level since mid May. Prices gained more than 5 per cent last week

Asian shares flat ahead of expected US sanctions on Iran, Nvidia results

The ​entire tech sector is holding its breath for Nvidia's results on Wednesday; investors are aware how hard ​it will be for the chip maker to meet stratospheric expectations

Oil prices fall ahead of expected US announcement on new Iran sanctions

Brent crude futures fell $1.22, or 1.29%, ‌to $93.17 by 0035 GMT, while US West Texas Intermediate crude was at $85.86 a barrel, down $1.20, or 1.38%