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26-yr-old arrested after setting Ola Electric's showroom ablaze in K'taka

The incident comes amid growing public ire over servicing at Ola Electric, India's no.1 e-scooter maker

Could combine potential with China if face threat from US, says Russia

"I would like to remind you that Moscow and Beijing will respond to 'double containment' by the United States with 'double counteraction'," Foreign Ministry spokeswoman Maria Zakharova said

US banks share fall on warnings of slower-than-anticipated recovery

Bank executives this week softened investor hopes ahead of a widely expected interest rate cut by the Federal Reserve, as well as persistent worries over the economy

US consumer prices rise 0.2% in Aug, underlying inflation shows stickiness

In the 12 months through August, the CPI advanced 2.5 per cent. That was the smallest year-on-year rise since February 2021 and followed a 2.9 per cent increase in July

Vedanta urges govt to talk with Japan, S Korea to end nickel sulphate duty

Vedanta and some smaller firms turn nickel ores imported primarily from Australia, Indonesia and Turkey into nickel sulphate before shipping it to South Korea, Japan and other countries

NXP Semiconductors to invest over $1 bn in India as it boosts R&D efforts

Chipmaking is still at nascent stage in India, but is crucial element of its economic strategy, with $10 bn incentive package allocated to bolster efforts to rival global chipmakers like Taiwan

UK gets improved terms for 2,500 workers as it recommits to Tata Steel deal

Tata said in January that up to 2,800 jobs were at risk from closure of its two blast furnaces at Port Talbot, with about 2,500 job losses likely next year after 2023 govt-backed plan to shut them

Biden, Kamala Harris to visit Sept 11 sites, White House vows 'never again'

Biden and Harris will start their day with a visit to the New York City site where planes brought down the World Trade Center's twin towers

Indian importers favour FX options as rupee holds steady, premiums soar

Such structures would, for instance, allow importers to lock in an FX payment due in six months at the dollar/rupee spot rate of 83.96

Reserve Bank to stick to higher digitally-linked deposit buffer proposal

In India, retail and small business accounts make up around two-thirds of deposits, of which more than 50 per cent are digitally accessible, Moody's estimates

B'desh ramps up border vigilance with Myanmar as thousands of Rohingya flee

The new arrivals add to more than one million Rohingya refugees already living in overcrowded camps in Cox's Bazar district after they fled a military-led crackdown in Myanmar in 2017

Huawei's tri-foldable phone stirs Chinese pride but $2,800 price tag panned

The launch of the Mate XT follows Huawei's re-emergence in the 5G premium smartphone market last year with its Mate 60 series

Bid for 7-Eleven owner shows Japan's governance gains: Suntory CEO Niinami

Niinami, 65, is one of Japan's most influential executives, serving as chair of the Keizai Doyukai business lobby and also as an economic adviser to current and former prime ministers

Sri Lanka's presidential election: No female contender amongst 38 nominees

But since Sri Lanka introduced the universal franchise in 1931, the number of women in parliament has never crossed a threshold of 7%

Samsung India workers ramp up wage protests as strike enters Day 3

Many workers wearing Samsung's blue-colour uniform shirt were seen sitting inside a makeshift tent outside the factory

LNG buyers flag US supply risks of purchase after Biden pauses export

'I do trust the traditional LNG suppliers more than US LNG players,' said Jane Liao, vice president at CPC, told the APPEC conference

Strike at Kenya's airport causing flight delays as Adani deal suspended

The biggest union of Kenya's aviation workers said they would take industrial action on Wednesday over a proposed deal for India's Adani Group to lease Jomo Kenyatta International Airport (JKIA)

India's bid to match rival China's factory heft gets a reality check

Indian Chief Economic Adviser V. Anantha Nageswaran said it was inevitable India would need to plug itself into China's supply chains.

Fiery US Prez elections debate gives Wall Street few new details on issues

Their exchanges left investors with few new details on issues that could sway markets, including tariffs, taxes and regulation

Visa aims for 10-fold rise in Pakistani businesses using digital payments

Visa is investing in building digital payment infrastructure in the country, aiming to make digital payments less costly and more manageable