Page 2 - Reuters

India's palm oil imports edge up in Nov as buyers shift from costlier oils

Meanwhile, soyoil imports fell 12 per cent to 400,000 tons, and sunflower oil imports slid 44 per cent to a two-year low of 145,000 tons, according to dealer estimates

Fireside Ventures raises $253 mn for new fund to back consumer brands

Rising incomes and rapid urbanisation are expected to fuel strong growth in India's consumer market

Tariffs, AI boom could test global growth's resilience, OECD says

OECD head Mathias Cormann said the trade shocks triggered by US President Donald Trump's tariff hikes had so far proved relatively mild, but added their costs were likely to rise

Apple to resist India's order to preload Sanchar Saathi app on iPhones

Apple does not plan to comply with the directive and will tell the government it does not follow such mandates anywhere in the world as they raise a host of privacy and security issues

Warner Bros gets mostly cash offer from Netflix, auction to conclude soon

Last week, Warner Bros asked bidders to submit improved offers by December 1 after receiving preliminary buyout bids from Paramount Skydance, Comcast and Netflix

Europeans rally round Ukraine as Donald Trump envoy heads to Moscow

Macron told reporters that only Ukraine could decide on its territories in peace negotiations with Russia

Airbus faces new quality problem causing delays to several A320 deliveries

The suspected production flaw is delaying some deliveries but there are no immediate indications that it has reached aircraft in service, the sources said, asking not to be named

Gold hits six-week high, silver climbs to record on US rate cut bets

Spot gold was up 0.6 per cent at $4,255.98 per ounce, as of 1239 GMT, its highest since October 21. US gold futures for February delivery gained 0.8 per cent to $4,290.70

Bitcoin falls 5% below $90,000 amid steep monthly losses and market selloff

Bitcoin shed more than $18,000 in November, as a record amount of money rushed out of the market, making this its largest dollar loss since May 2021, when a number of cryptocurrencies collapsed

India's current account deficit narrows to $12.3 bn in July-Sept: RBI data

In the preceding quarter, the current account had recorded a deficit of $2.4 billion ot 0.2 per cent of GDP

Carmakers report strong November sales growth on GST-driven demand surge

Market leader Maruti Suzuki reported a 21 per cent year-on-year rise in domestic sales, driven by sport utility vehicles as well as small cars like Alto

Apple challenges India's global turnover penalty law in antitrust case

Apple argued it risks facing a fine of up to $38 billion after it was found to have breached laws in a case where Tinder-owner Match and Indian startups succeeded in convincing the watchdog

Piramal Finance to raise $1.67 bn locally by March to expand lending

The company aims to raise RS 300 billion in the current financial year, about half of which has been borrowed already, said chief executive officer and managing director Jairam Sridharan

Airbus says majority of recalled 6,000 A320-family jets now modified

But some require a longer process and Colombia's Avianca continued to halt bookings for dates until December 8

Asian stocks steady as US rate-cut optimism lifts risk sentiment; yen firms

US stock futures, though, were lower in Asian hours, while Hong Kong's Hang Seng rose over 1 per cent pushing Asian stocks higher

Rupee, bond traders to take cues from RBI monetary policy decision

India's economy grew 8.2 per cent year-on-year in July-September, accelerating from the 7.8 per cent growth reported in the previous quarter, data on Friday showed

Stellar growth, low inflation raise questions over need for RBI rate cuts

India's economy expanded at a sharper-than-expected clip of 8.2 per cent in the July-September quarter, prompting analysts to raise their full-year growth estimates to above 7 per cent

Japanese property giants deepen their push into booming Indian market

Japanese companies and funds have boosted investment in overseas real estate by a fifth this year, according to a survey by Sumitomo Mitsui Trust Research Institute

Hyundai, Tata want govt to scrap emission concessions benefitting Suzuki

Tata, Mahindra & Mahindra, JSW MG Motor and Hyundai are concerned that a weight-based relief risks hurting India's EV goals

Opec+ holds 2026 group-wide oil output steady, agrees capacity mechanism

The countries agreed the pause in output hikes for the first quarter at their last meeting held earlier this month