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Looking forward to meeting with PM Modi: Elon Musk confirms India visit

Musk and Modi last met in New York in June, and Tesla for months lobbied India to lower import taxes on electric vehicles while it weighed up a factory there

Make in India: Apple assembled $14 bn worth of iPhones in India in FY24

Apple now makes as much as 14% or about 1 in 7 of its marquee devices in India

US consumer prices rise more than expected in Mar amid rises in fuel costs

The consumer price index rose 0.4% last month after advancing by the same margin in February, the Labor Department's Bureau of Labor Statistics (BLS) said on Wednesday

Fitch downgrades China outlook to negative on economic growth risks

China's factory output and retail sales topped forecasts in January-February, joining better-than-expected exports and consumer inflation indicators, providing an early boost to Beijing's hopes

SBTi green lights controversial offset for supply chain emissions

Selling credits from wind farms and other activities to a company so it can offset pollution is seen as a way to help move money to climate-friendly projects

KPMG, Deloitte affiliates hit with US civil penalties for exam cheating

The PCAOB permanently barred the KPMG Netherlands' former head of assurance Marc Hogeboom from the industry, chair Erica Williams said

Biden thanks Japan's Kishida for global partnership at White House summit

A red-coated fife-and-drum corps played "Yankee Doodle" and marched before the two leaders during the elaborate arrival ceremony featuring honor guards from each U.S. military branch

Russian air strikes damage electric facilities in southern Ukraine

The Ukrainian grid operator said Wednesday's attacks caused emergency blackouts in the southern regions of Mykolaiv and neighbouring Kherson

Delta Q1 earnings tops Wall Street estimates on buoyant travel demand

Demand is particularly strong for premium travel, benefiting carriers like Delta, which has positioned itself as a premium airline. Recovery in corporate travel is also gathering steam

Gaza aid to resume soon as 1,000 tons of food await delivery, says Cyprus

The U.S. plans to set up a dock, with a target date of May 1, on Gaza's Mediterranean coast that will enable aid deliveries which will be pre-screened in Cyprus, with Israeli oversight

EU extends trade guide on state-led distortions in Chinese economy

It retains the steel, aluminium, chemicals and ceramics sectors of the initial report in 2017. There is no similar EU report for any other country

BJP members detained amid protest seeking Delhi CM Kejriwal's resignation

AAP leaders, who have maintained that the case against Kejriwal is "fabricated", said he would not resign

Russia looking at relaxing environmental norms to boost gasoline supply

According to sources' calculations, it could bring in additional 10%, or between 300,000 metric tons and 350,000 tons a month, of gasoline to the domestic market, enough to meet rising seasonal demand

US Fed's interest rate-cut confidence wobbles amid unruly inflation figures

If the data doesn't soon resume the trend that appeared to be developing last year, that group could grow and further undermine already weakening rate-cut expectations.

Floods swamp settlements in Russia, over 96K evacuated in Kazakhstan

The water level in the Ural is rising, said Alexei Kudinov, the first deputy head of Orenburg. Reuters footage showed swathes of areas near the city under water

Beware of deepfake of CEO recommending stocks, says National Stock Exchange

The exchange said its officials are not authorised to recommend or deal in any stocks

BOJ Guv Ueda rules out responding to weak yen with interest rate hike

The weak yen may push up import prices but that alone won't trigger a rate hike either, Ueda said

Yellen face tariff decisions after giving factory capacity warning to China

On what may be her last trip to China as Treasury chief, she saw pushback on her core complaint that a massive export wave of cheap EVs and solar panels

China's EV makers order record number of ships to support car exports

BYD alone exported over 240,000 cars in 2023, about 8 per cent of its global sales, and plans to export up to 400,000 this year

Ukraine struck nuclear plant again, claims Russia; Kyiv denies attack

'The unique training centre of the Zaporizhzhia nuclear plant was attacked,' the Russian-controlled plant said in a statement. The drone fell on the roof of the training centre, it said