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Neighbourly insights

The US elections have thrown a spotlight on a controversial polling method called the \"Neighbour Effect.\" A French national who calls himself \"Theo\" made a significant fortune betting on Donald Trump.

Here's how Trump could lose the coming trade war

The good news: I don't think Donald Trump will cause a global trade war.

Berkshire picks a slice of Domino's Pizza

Warren Buffett's Berkshire Hathaway said on Thursday it made new investments in Domino's Pizza and Pool Corp in the third quarter, even as it retrenched from stocks such as Apple and Bank of America.

Samsung plans $7 bn buyback

Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year lows earlier in the week.

Sri Lankan President's coalition wins historic majority in election

Sri Lankan President Anura Kumara Dissanayake's coalition won a historic parliamentary supermajority in the country's election, underscoring the depth of the support for the leftist leader who pledges to combat corruption and change the terms of a International Monetary Fund (IMF) bailout.

US Treasury finds no currency manipulation in final Biden-era foreign exchange report

No major US trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden administration's final semi-annual currency report before turning over policing of foreign exchange practices to President-elect Donald Trump.

Trump picks vaccine sceptic Kennedy to lead health dept

President-elect Donald Trump said on Thursday he has selected Robert F Kennedy Jr, an environmental activist who has spread misinformation on vaccines, to lead the Department of Health and Human Services, the United States' top health agency.

Powell: No need for Fed to rush rate cuts

Fed chair declines to say if he would continue after term ends

Smaller parties look to make big dent in Jharkhand, Maharashtra

Smaller regional outfits have emerged a cause for concern for the two principal rival blocs in the Jharkhand and Maharashtra Assembly polls.

Dharavi makeover plan caught in poll crossfire

Redevelopment of the slums has become a political flashpoint with promises of housing reforms dividing residents. A ground report by PRACHI PISAL

Exports, domestic demand to drive pharma revenue growth

The pharmaceuticals sector is expected to get a shot in the arm this financial year from robust export demand from regulated and semi-regulated markets on the back of drug shortages in the US and European countries as well as new product launches.

Belstar Microfinance to focus on consolidation over growth

With asset quality pressure rising in micro loans, Muthoot Finance-controlled Belstar Microfinance is planning to focus on consolidation of portfolio over the next two three quarters rather than growth.

Forex kitty drops $29 bn in six weeks

India's foreign exchange reserves declined $6.48 billion in the week ended November 8 to touch $675.7 billion.

Pinaka rocket launcher completes flight tests

One of the Army's most devastating fire support systems, the indigenous Guided Pinaka Weapon System, has successfully completed its flight tests, the Defence Research and Development Organisation (DRDO) announced on Thursday.

SBI seeks record $1.25 bn in 5-yr loan

State Bank of India (SBI) plans to borrow up to $1.25 billion, in what would be the largest dollar-denominated loan from the country's financial sector this year, according to people familiar with the matter.

Stronger oil trade tops PM's agenda

Nigeria among India's top crude suppliers; OVL eyes offshore Guyanese blocks

EU corners India, developing World over carbon tax at COP29

The tax, or CBAM, is to be imposed by EU in 2026 on products whose manufacturing processes do not follow certain emission standards

Life insurers turn to policies with high value

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in their portfolio.

China slowdown leads to trade decline with India

India's bilateral trade with China stood at $10.7 billion during October, witnessing a 0.46 per cent contraction amid a slowdown in the neighboring country, commerce department data showed.

Indian economy in a sweet spot: Moody's

The Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said in its latest global macro outlook published on Friday.

JioStar won't limit itself to premium subscription model, says Uday Shankar

Vice-chairperson of the combined entity of Reliance Industries (RIL) and The Walt Disney Company, Uday Shankar said JioStar (the combined entity) is very focused on \"taking its streaming products to the lowest echelons of the Indian society.\"

HZL emerges preferred bidder for Raj gold block

Hindustan Zinc (HZL) on Friday said it has secured a composite licence for a gold mining block in Rajasthan through the state government auctions.

Galaxy Health rolls out 1st product

Firm backed by Venu Srinivasan and V Jagannathan received regulatory licence in March

Bangladesh crisis casts a shadow over India's medical tourism

The unrest in Bangladesh, which prompted India to recall its staff from Dhaka high commission and temporarily halt visa issuance there, has dealt a blow to medical tourism back home.

Tyre prices may increase in Q3 to offset input cost rise

India's leading tyre manufacturers are likely to hike prices for a third consecutive quarter, aiming to offset the persistent rise in the cost of raw materials, particularly natural rubber.

India Inc capex slowed in FY24

The aggregate private capex in the last financial year 2024 (FY24) slowed down marginally to ₹9.4 trillion as compared to ₹9.5 trillion in FY23, a study conducted by Care Ratings on the annual statements of 1,074 listed non-financial companies showed.

Mankind Pharma pledges 39.68% in Bharat Serums for ₹5K cr NCDs

Health care major Mankind Pharma has pledged 39.68 per cent of its equity in Bharat Serums and Vaccines (BSV), a wholly-owned subsidiary, to Catalyst Trusteeship to secure nonconvertible debentures (NCDs) totalling ₹5,000 crore.

2Ws drive retail sales this festival season but inventory woes persist

Rural demand behind the surge; Fada expects inventory to ease on the back of 4.8 mn weddings

Reliance asks Trai to review reach of Starlink, Amazon

Retail-to-refining giant Reliance has asked the Telecom Regulatory Authority of India (Trai) to review the potential reach of Elon Musk's Starlink and Amazon's Kuiper before awarding satellite spectrum amid concerns local players could suffer, a letter showed on Friday.

Will source chips from India for the world

Taiwan-based MediaTek, a global fabless semiconductor company, is in competition with its main rival, United States-based Qualcomm, across the world as well as in India. FINBARR MOYNIHAN, US-based vice-president (corporate marketing) of the company, tells Surajeet Das Gupta in New Delhi about MediaTek's India strategy, automotive play, and its alliance with Nvidia. Edited excerpts: