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Asian stocks edge higher ahead of US inflation data, Trump-Putin meeting

While Japan's stock market was closed for a holiday, futures climbed to 42,465 and suggested the index will test its all-time high of 42,426 this week

China urges US to ease AI chip export controls for trade deal: Report

The FT said China is concerned because the US HBM controls hamper the ability of Chinese companies such as Huawei to develop their own AI chips

Chinese state media flags security risks in Nvidia H20 AI chips

The H20 chips are also not technologically advanced or environmentally friendly, the account, Yuyuan Tantian, which is affiliated with state broadcaster CCTV, said in an article published on WeChat

CATL suspends production at Jianxiawo lithium mine in China: Report

Chinese battery manufacturer announced internally that the Jianxiawo mine would be halting operations temporarily, the report said, adding that affiliated refineries in nearby Yichun had been informed

Thousands rally against Netanyahu's Gaza plan, demand release of hostages

Public opinion polls show an overwhelming majority of Israelis favour an immediate end to the war to secure the release of the remaining 50 hostages held by militants in Gaza

Europe, Ukraine push US on peace plan ahead of Trump-Putin Alaska talks

Trump plans to meet Putin in Alaska on August 15, saying the parties, including Ukrainian President Volodymyr Zelenskyy, were close to a deal that could resolve the three-and-a-half-year conflict

Oil holds steady on US-Russia deal reports, closes week down around 5%

Brent fell 4.4 per cent over the week, while WTI finished 5.1 per cent lower than last Friday's close

HPCL explores alternative crude sources amid Russian price, sanction risk

Trump has decided to impose an additional 25 per cent tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations

Govt halts US arms deals after Trump slams 50% tariffs on India, MoD denies

Post publication of this story, India's government issued a statement it attributed to a Ministry of Defence source describing news reports of a pause in the talks as "false and fabricated."

Reliance likely to switch back to West Asia oil if Russian supply dries up

India's biggest buyer, Reliance, operates the world's largest refining complex at Jamnagar in Gujarat where it can process about 1.4 million barrels per day (bpd)

Voltas Q1 results: Profit plunges 58% as early monsoon cools AC demand

Revenue from operations also fell 20% to 39.39 billion rupees, steeper than the roughly 10% drop that analysts were expecting

Venky's Q1FY26 results: Profit plunges 79% as poultry business shrinks

Panic selling drove down prices during an April heatwave, over concerns about the birds' mortality rate in hotter conditions, Venky's said in a post-earnings call in May

TCS layoffs signal AI-driven transformation in $283 bn outsourcing sector

TCS and its peers Infosys, HCLTech, Tech Mahindra, Wipro, LTIMindtree, and Cognizant collectively employ over 430,000 workers with 13 to 25 years of experience

Best Buy to boost India tech hub staff by over 40%, says executive

The company, which launched its first tech centre in Bengaluru last year, currently has 350 staff in data and AI roles, with plans to expand to 500-550 employees

IOC, BPCL said to buy 22 million barrels of crude for Sept-Oct delivery

In its latest tender, IOC bought 2 million barrels of US Mars crude, 2 million barrels of Brazilian grades and another 1 million barrels of Libyan crude

India inflation likely dropped to an eight-year low in July: Poll

The RBI left rates unchanged at 5.50%, as expected, on Wednesday and said the inflation outlook was 'more benign'

Oil set for steepest weekly losses since June, tariffs cloud demand outlook

Adding more pressure on the oil market, the Kremlin on Thursday confirmed Vladimir Putin would meet Donald Trump in the coming days, raising expectations of a diplomatic end to the war in Ukraine

Govt seeks global 'code of conduct' to curb poaching of pilots, cabin crew

India, one of the world's fastest-growing aviation markets, is wrestling with a shortage of experienced pilots

Trump tariffs hit India's garment makers as US buyers say move production

A 50% US tariff on Indian garments, tied to Russian oil purchases, has shocked buyers and suppliers, prompting plans to shift production to countries like Ethiopia and Nepal

Russia, India talk up 'strategic partnership' after Trump tariff hike

President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil