Reuters

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

India's November palm oil imports rise as lower prices spur buying

Imports of soyoil dropped more than 18% to 370,661 tons and sunflower oil imports fell 45% to a two-year low of 142,953 tons, the industry body said

India rejects US dumping claim, says basmati rice exports are premium-grade

India, the world's largest rice exporter, shipped 20.2 million metric tons of rice in the 2024/25 financial year ending in March, including 335,554 tons to the United States

India, France revamp treaty; Paris dividend halved, Delhi gets tax rights

A key change is that French companies which hold a stake of more than 10 per cent in any Indian entity will have to pay a 5 per cent tax on the dividends they receive, instead of 10 per cent earlier

Zelenskyy drops Nato bid ahead of peace talks with US and Europe

Zelenskyy said on Sunday that the US, and European and other partners' security guarantees instead of NATO membership were a compromise on Ukraine's side

Ousted Nepal PM Oli's party holds biggest rally since Gen Z protests

The "Gen Z" protests and subsequent unrest killed 77 people and injured more than 2,000 in September

SpaceX prepares for IPO, insider share sale sets $800 billion valuation

In the letter dated December 12, Johnsen said SpaceX has approved an arrangement where new and existing investors and the company will buy up to $2.56 billion of shares from eligible shareholders

Nvidia considers increasing H200 chip output as Chinese demand surges

Major Chinese companies including Alibaba and ByteDance have already reached out to Nvidia this week about purchasing the H200 and are keen to place large orders

IndiGo estimates over ₹500 crore payout after mass flight cancellations

The budget airline said in a post on X it was in the process of identifying flights where customers were severely impacted and stranded at airports on December 3, 4 and 5

Gold hits seven-week high on safe-haven demand; silver notches peak

The dollar hovered near a two-month low, and was on track for a third straight weekly drop, making bullion more affordable for overseas buyers

Sebi faces privacy hurdles over asset disclosure proposal, says Chairman

SEBI officials are questioning the need for such disclosures, noting they are not mandated for any other authority in India, Pandey added

EU to indefinitely freeze Russian assets, removing obstacle to Ukraine loan

The loan would be paid back by Ukraine only when Russia pays Kyiv war damages, making the loan effectively a grant that advances future Russian reparations payments

Elon Musk's Mars mission adds risk for investors to red-hot SpaceX IPO

Musk has always maintained that sending humans to Mars was his lifelong ambition

Thai PM calls early election amid border clashes and parliamentary turmoil

The Thai premier said he had a call scheduled late on Friday with US President Donald Trump, who intervened in July to broker a fragile truce the last time fighting erupted

RBI deputy governor warns of stablecoin risks, dismisses claims of utility

India is currently running a retail and wholsesale pilot for its central bank digital currency, which has about 7 million users

PNB Housing Finance names Ajai Kumar Shukla as MD, CEO; shares rise by 5%

The appointment comes as large home financiers face intensifying competition from banks in lending for premium homes, while affordable housing has emerged as a more attractive market

India gold discounts widen as prices hit record high, China demand muted

Indian dealers were offering a discount of up to $34 per ounce to official domestic prices this week, inclusive of 6 per cent import and 3 per cent sales levies