Page 4 - Reuters

Amazon, Flipkart target India's banks with new loan offerings for small biz

Interest rates on loans for consumer durables from traditional lenders typically range between 12 per cent and 22 per cent

India expects US trade deal by end of 2025 as most issues resolved: Report

The US imposed tariffs of up to 50% on imports from India starting in late August even as negotiations between the two countries continued

StoneX to launch precious metals trading desk in India, expand hiring

The desk will mainly target Indian jewellers and extend services to scrap and recycling businesses, Greg Kallinikos, chief executive for Asia Pacific, said in an interview

German Doner Kebab to enter India in 2025, targets $1.3 bn in global sales

The kebab chain, backed by private equity firm True, aims to grow its network to nearly 900 outlets from more than 170 across the UK, Europe, North America, and the Middle East

Asian shares steady in tough November as hopes of US rate cut lift markets

November this year proved to be unusually choppy for global equities as concerns about tech stocks' sky-high valuations shook markets while a US government shutdown ended only after a record 43 days

India's Q2 GDP growth likely stayed firm on strong domestic demand

Gross domestic product is expected to have grown 7.3 per cent in July-September from a year earlier, down from 7.8 per cent in the prior quarter

US-Ukraine draft plan could form basis for future peace deal, says Putin

US and Ukrainian negotiators held talks on the latest US-backed peace plan in Geneva on Sunday

ICICI Prudential AMC to launch ₹10,721 cr IPO in second week of Dec: Report

A subsidiary of Prudential will sell up to 10% stake in the IPO, with the asset manager eyeing a valuation of $12 billion

Mahindra launches XEV 9S electric SUV at a starting price of ₹20 lakh

Bookings for the vehicle will open on January14, with deliveries starting on January 23, Mahindra, India's second-largest SUV manufacturer by volumes, said

KKR-backed Serentica may raise up to $8 bn to double clean energy capacity

It currently has 2 GW of installed solar and wind capacity and 2 GW of capacity due to be commissioned within the next 10 months

Regulators considering review of strict currency derivatives rules

After the advisory, trading in the contracts -- used to hedge against foreign exchange risks and speculate on currency movements -- nosedived in India and rose overseas

Vodafone Idea unit cuts debt issue size, aims for December completion

The unit of India's third-largest wireless carrier will now raise around ₹3,200 crore ($359 million) through bond sales, down from ₹5,000 crore

RBI expected to cut interest rate to 5.25% as inflation drops: Poll

RBI Governor Sanjay Malhotra said this week that recent economic data suggested there was still scope to cut interest rates

Russia denies big concessions to Ukraine after leaked US envoy call: Report

Trump said on Tuesday Witkoff would meet Putin and that Jared Kushner, who helped negotiate the deal that brought about an uneasy ceasefire in the Gaza war between Israel and the Palestinian

Taiwan plans extra $40 billion in defence spending to counter China

China, which views democratically-governed Taiwan as its own territory, has ramped up military and political pressure over the past five years to assert its claims, which Taipei strongly rejects

US peace plan for Ukraine drew from Russian document, says report

Speaking to reporters in Geneva this week, Rubio acknowledged receiving "numerous written non-papers and things of this nature," without elaborating.

Gold near two-week peak as tepid US data fuels Fed rate cut bets

Spot gold was up 1% at $4,172.18 per ounce at 1208 GMT, its highest since November 14. U.S. gold futures for December delivery were up 0.7% at $4,168.70 per ounce

Asian stocks rise on Wall St gains as weak US data boosts Fed rate-cut bets

US stocks reclaimed lost ground after a selloff earlier this month, with the S&P 500 and Nasdaq Composite rising for a third consecutive day on Tuesday

Thyssenkrupp steel workers seek job security amid possible Jindal takeover

Jindal Steel has made an indicative bid for TKSE, Europe's second-largest steelmaker, and is currently carrying out detailed due diligence to assess whether to launch a formal offer for business

Trump may unveil his pick for US Fed chief before Christmas, says Bessent

Bessent has narrowed the search for a successor to Fed Chair Jerome Powell, whose leadership term expires in May, to five from as many as 11, and said in an interview with CNBC