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India biz activity extends robust growth streak in August: HSBC Flash PMI

The flash services PMI index rose to 60.4 this month from 60.3 in July, while a preliminary manufacturing PMI showed strong growth, albeit slightly weaker than last month

Rupee dips, forward premiums rise as Fed rate cuts appear nearly certain

Foreign outflows from Indian equities are compounding the rupee's woes

Taiwan defence spend to outpace expected GDP growth as China threat rises

Taiwan's govt has made military modernisation a key policy platform and has repeatedly pledged to spend more on its defences as threat from China rises, including developing made-in-Taiwan submarines

Canadian freight rail halt likely to roil North American supply chains

Canadian National Railway Co and Canadian Pacific Kansas City have said their rail networks south of border will continue to operate, but industry groups fear work stop would have far-reaching effects

Google to help build cyber protection software for Australian infra

The software for organisations such as hospitals, defence bodies and energy suppliers will be customised to be in line with Australia's regulatory environment

Toll rises to 17 in pharma company reactor blast at Andhra's Anakapalli

Officials said they were scanning closed-circuit television footage and questioning the injured

Why does Big Tech oppose California AI bill if it wants it to be regulated?

The proposal would mandate safety testing for many of the most advanced AI models that cost more than $100 million to develop or those that require a defined amount of computing power

Democratic convention puts Trump's role in Jan 6 assault back in spotlight

Media personality Oprah Winfrey joined Clinton and others to press the case that while Trump was for himself, Harris was for the country

China's Evergrande subsidiary raises prospects for offshore creditors

Creditors of the Evergrande units - including Evergrande itself, if there are outstanding loans - must report details of money owed before creditor meetings

Media veteran Bronfman raises bid for Paramount takeover to $6 billion

Paramount said on Wednesday it had received an acquisition proposal from Bronfman on behalf of a consortium of investors

Musk's Neuralink says second trial implant went well, no retraction issue

Neuralink is in the process of testing its device, which is intended to help people with spinal cord injuries

Walt Disney tasks Morgan Stanley's Chairman Gorman to lead CEO search

Disney won a months-long proxy war earlier this year with activist investor Nelson Peltz who argued the company had underperformed

Chinese EV maker BYD eyes state incentives for Mexico manufacturing plant

Mexico's federal government, under pressure from the US, is keeping Chinese automakers at arm's length

Zoom raises revenue forecast on growing demand for AI tools in hybrid work

The company expects fiscal 2025 revenue to be between $4.63 billion and $4.64 billion

CCI warns staff over unauthorised media contacts, information disclosure

CCI is investigating high-profile companies and reviewing deals involving the likes of Amazon, Walmart's Flipkart, Reliance, Walt Disney and liquor maker Pernod Ricard

Census likely to begin in Sept as govt looks to plug data gaps: Report

It will take about 18 months to complete the new survey after it begins next month, two government sources directly involved in the matter said

Paytm proposes to cap salaries for certain board members to save costs

Paytm's independent board members will earn a maximum annual compensation of up to Rs 48 lakh ($57,228), the company said in a release

Warburg Pincus affiliate sells 2.36% stake in Kalyan Jewellers for $155 mn

The deal will see Highdell, the Warburg affiliate, sell over 24 million shares at 535 rupees each to Trikkur Sitarama Iyer Kalyanaraman, which currently holds 60.59% in the jeweller

Making good progress with IMF to get board approval: Pak finance minister

Pakistan is in talks with Saudi Arabia, the United Arab Emirates and China to meet gross financing needs under the IMF programme

France's sporting goods retailer Decathlon to invest $111 mn in India

The retailer, which entered India in 2009, sells a host of sports accessories ranging from footballs and yoga mats to bicycles and exercise equipment