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EU to expand carbon levy on high-emission imports, tighten loopholes

The EU also wants to clamp down on foreign companies if there is evidence they are under-reporting their emissions to dodge the levy

RBI Guv Malhotra signals rates to stay low for 'long period': Report

The Reserve Bank of India's (RBI) projections suggested rates "should remain low for a long period of time, governor said

Google works to erode Nvidia's software advantage with Meta's help

The effort is part of Google's aggressive plan to make its Tensor Processing Units a viable alternative to Nvidia's market-leading GPUs

Coursera to buy Udemy, creating $2.5 billion firm to target AI training

The deal unites two of the largest US-based online learning platforms at a time when consumer course enrollment growth has cooled from pandemic highs

RBI intervenes aggressively as rupee rebounds after hitting record lows

The rupee rallied 0.7% to 90.25 in early trading after opening a tad lower on the day at 91.07

Apple in talks with Indian chipmakers to assemble iPhone chips in India

Apple held talks with Murugappa Group-owned CG Semi, which is building an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat, the report said

Mizuho to buy majority stake in India's Avendus from KKR for $523 mn deal

Mizuho Securities, part of Japan's third-largest banking group, Mizuho Financial Group, said it will buy 61.6% to 78.3% of Avendus shares and make the bank a consolidated subsidiary

With freebies, OpenAI, Google vie for Indian users, training data

Five AI analysts, however, said the freebies strategy would help companies gain from India's linguistic diversity to secure crucial data for AI training

India's Russian oil imports strong, to exceed 1 mn barrels per day in Dec

Ties between the two countries have remained strong despite pressure from Western sanctions after Russian President Vladimir Putin met with Prime Minister Narendra Modi

Consumer goods firms shorten CEO tenures amid growth push, market pressures

Up to the end of the third quarter of 2025, there were 176 incoming CEOs worldwide, a 9% year-on-year rise

Trump tariffs, trade talks stalemate keep Indian rupee under strain

The rupee is among the worst-performing currencies globally this year, sliding 6% against the dollar

Amazon in talks to invest in OpenAI as AI firm eyes $500 billion valuation

The potential deal comes at a time when OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion

Crude drops below $60 as Russia-Ukraine peace hopes weigh on prices

Brent crude futures fell $1.11, or around 1.8 per cent, to $59.45 a barrel at 1023 GMT, while US West Texas Intermediate crude was trading at $55.71 a barrel, down $1.11, or nearly 2 per cent

US pauses $40 bn tech deal with UK over digital rules, food standards

Britain hailed the visit as proof of close ties and Prime Minister Keir Starmer's ability to work with Trump on trade and technology

India's Digantara raises $50 mn to boost indigenous space surveillance

The Bengaluru-based startup, backed by Peak XV Partners and Kalaari Capital, secured funds from large investors including SBI Holdings Japan, 360 One Asset, and film producer Ronnie Screwvala

RBI's $5 bn FX swap oversubscribed nearly twofold, draws over $10 bn

The RBI cut rates by 25 basis points earlier this month, and has cut them by a total of 125 basis points this year

India's top arms makers held rare meetings in Russia on potential JVs

The talks in Moscow were held on the sidelines of a visit by an Indian defence-industrial delegation on October 29-30, headed by India's Defence Production Secretary Sanjeev Kumar

Sebi panel to propose easing curbs on commodity derivatives next year

Derivatives trading in these commodities has been repeatedly banned since 2021 due to concerns over speculative activity spilling over into on-ground prices of these widely consumed commodities

Rupee's relentless slide fuelling talk of RBI intervention, say bankers

Dominance of flows has dulled the rupee's sensitivity to daily swings in its Asian peers, allowing the downside momentum to build and raising expectations of depreciation and speculative activity

Govt holds road shows to sell 10% stake in General Insurance Corp

India plans to sell a total of 10 per cent stake in the insurer in tranches to meet the market regulator's minimum public shareholding norm, Reuters reported last year