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RBI's domestically-held gold reserves jump 510.46 MT by end-September

As of end-September, the Reserve Bank of India (RBI) held 854.73 metric tonnes of gold, compared to 822.10 metric tonnes at the end of March

BP profit slumps to $2.3 bn on weak refining margins, oil trading results

The decline was smaller than expected amid a slowdown in global economic activity and oil demand, particularly in China

SBI Card Q2 results: PAT drops 33% to Rs 404 cr as bad loan provisions rise

SBI Card, backed by India's largest lender State Bank of India, said that write-offs and provisions for bad loans jumped 63 per cent to Rs 1,212 crore for the quarter

Indonesia plans to import 1 million tonnes of rice from India in 2025

Indonesia's rice output is estimated to fall 2.43% this year to 30.34 million metric tons, due to a delay in planting and harvest season amid longer dry weather in 2023, the statistics bureau

Adani Enterprises Q2 results: Net profit increases to Rs 1,742 cr

The ports-to-power Adani Group's flagship firm has been expanding its new energy business, which includes solar manufacturing and wind turbine businesses

Indian lenders face growing defaults from over-leveraged retail borrowers

Defaults have also risen in the microfinance segment, which includes loans given to low-income borrowers.

China power demand growing faster than expected: Industry association

However, the CEC said power demand growth would slow to 5% during the fourth quarter because of a high base effect in the year-ago period

Senior US diplomat arrives in Taiwan as officials downplay Trump's comments

Economy Minister Kuo Jyh-huei told reporters he respected the remarks of "international friends"

Lufthansa reports 9% decline in Q3 profit as core brand struggles

The third quarter, which includes the busy summer months for travellers, is usually the strongest for European airlines. But rising costs, unpredictability tied to the crisis in the Middle East

Boeing to raise up to $24.3 bn to shore up finances, stave off downgrade

S&P warned of a ratings downgrade if Boeing's cash balance fell below a $10 billion target or if the company had to increase leverage to meet debt maturities

Election shock in key US ally Japan could embolden China and rivals

In response to escalating Chinese military activity around its islands and nearby Taiwan, including more regular drills with Russia and the first ever intrusion by a Chinese plane

Boeing to raise up to $24.3 bn to shore up finances, stave off downgrade

The most dramatic falls in fortunes have come from China's real estate sector, he added, while consumer electronics is clearly rising fast, with Xiaomi founder Lei Jun adding $5 billion to his wealth

Apple supplier TDK partners with McLaren Racing in bid for EV push

The speed of the broader transition from gasoline vehicles is debated, with Toyota chairman Akio Toyoda believing the global share of EVs will peak at 30 per cent.

UK firm Low Carbon sells 6 GW battery storage portfolio to S4 Energy

Dutch grid operator TenneT, the largest in Europe, is looking at options for a private or partial sale, after a sale to the German government floundered

HSBC's third-quarter profit tops estimate, launches $3 bn buyback

HSBC's revenue grew 5 per cent in the quarter ended September to $17 billion from a year earlier, with volatile market conditions supporting higher customer activity in wealth products

Russia bomb attack shatters historic building in Ukraine's Kharkiv

The evening attack also hit a medical facility. Earlier strikes damaged an apartment building and storage space

Brazil institute sues social media giants for $525 mn over usage by minors

The lawsuits demand the companies create clear data protection mechanisms and issue warnings about the risks to children's and teenagers' mental health due to platform addiction

Donald Trump appeals to religion, Harris talks jobs as millions vote early

On Monday evening, Harris appeared at a rally in Ann Arbor, Michigan with her running mate, Minnesota Governor Tim Walz, that featured a performance by singer-songwriter Maggie Rogers

Biden proposal would prohibit sale of its cars in US, says Polestar

Commerce told Reuters that General Motors and Ford Motor would need to stop importing vehicles to the US from China under the proposed rule

Cybersecurity firm Rapid7 attracts acquisition interest from buyout firms

Rapid7 competes in the vulnerability management market against larger rivals such as Tenable, which has also been exploring a sale, and Qualys