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US warned allies about Russian space, nuclear capabilities: Report

The new capabilities, related to Russian attempts to develop a space-based weapon, do not pose an urgent threat to the United States, the source said

US retail sales decline sharply in Jan, weekly jobless claims fall

Retail sales dropped 0.8% last month, the Commerce Department's Census Bureau said on Thursday, also likely weighed down by winter storms

German economy to shrink by 0.5% in 2024 on weak domestic demand: Report

A DIHK poll of more than 27,000 companies showed that of those surveyed, 35% expect business to deteriorate in the next 12 months with only 14% expecting an improvement

FB, Instagram to charge Apple service fee for posts 'boosted' via iOS apps

Advertisers will be able to boost their content on Instagram and Facebook via a browser without paying the Apple service charges, the social media giant said

Govt hikes windfall tax on petroleum crude to Rs 3,300 a tonne from Feb 16

It will also increase a windfall tax on diesel, that had been reduced to zero, to 1.50 rupees a litre, the order showed

Pfizer agrees to pay $93 million to settle Lipitor antitrust lawsuit

Attorneys for Lipitor purchasers including Rochester Drug Co-Operative Inc and Puerto Rico's Drogueria Betances LLC disclosed the agreement in a filing on Wednesday in US court in Trenton, New Jersey

JPMorgan Chase, State Street drop out of largest investor climate group

The changes "are not consistent with our independent approach to proxy voting and portfolio company engagement," said State Street spokesman Randall Jensen

RBI orders Visa to stop unauthorised B2B card payment system: Report

Business-to-business payments via cards include payments by businesses to their vendors and in some cases tax payments by small units

Anil Agarwal's Vedanta Resources sells stake worth Rs 1,737 crore

Finsider International, part of billionaire Anil Agarwal-led Vedanta Resources, sold more than 65.5 million Vedanta Ltd shares at 265.14 rupees each, the data showed

Crude oil prices decline as IEA flags slower demand growth this year

Brent crude futures fell 37 cents, or 0.5%, to $81.23 a barrel by 1008 GMT. U.S. West Texas Intermediate crude futures declined 44 cents, or 0.6%, to $76.20

DGGI summons officials of foreign airlines over tax evasion: Report

The Directorate General of GST Intelligence (DGGI) was seeking clarification over payment of crew salaries and staff expenses at the offices of the international airlines, the report said

Indian banks' margins set to fall, credit growth to moderate in FY25: S&P

If credit and deposit growth rates remain steady, a period of deposit competition would loom and further squeeze bank margins, it said

Redington expects demand for AI-enabled PCs powering tech upgrades

Redington has been sharpening its focus on its cloud services business to expand beyond gadget distribution, which brings in a bulk of its revenue

RBC's US unit cuts about 100 jobs after financial losses, regulatory fine

RBC had injected about $2.95 billion into the US unit in October to bolster its capital, as a part of management actions to improve profitability at City National

Hyundai seeks expansion and higher valuation with its $3 bn IPO in India

Hyundai, India's second-biggest carmaker behind Maruti Suzuki with a 15 per cent market share, has appointed bankers for the initial public offering which could be the country's biggest ever

Pfizer agrees to pay $93 million to settle Lipitor drug antitrust lawsuit

Pfizer introduced Lipitor in 1997, and the drug drove more than $130 billion in sales during its first 14 years on the market

Vedanta's parent may sell $1 billion worth shares to GQG Partners: Report

Saddled with $6.4 bn in outstanding debt, including $4.5 bn payment due by fiscal 2025, Vedanta Resources has been attempting to shore up finances, including through recent debt restructuring

Falling US Fed rate cut bets keep gold below $2,000 level, palladium up 7%

Spot gold was down 0.2% to $1,988.08 per ounce as of 9:53 a.m. EST (1453 GMT) - its lowest price since Dec. 13. Bullion fell about 1.4% on Tuesday

PC Jeweller Q3 results: Loss widens to Rs 198 crore, revenue down 95%

The company has proposed a one-time settlement of its unpaid debt to lenders, who have agreed in-principle to seek internal approval for the proposal, it said on Wednesday

Muthoot Finance Q3 results: Profit up 14% at Rs 1,027 cr on loan growth

The board also approved raising up to 160 billion rupees through an issue of non-convertible debentures