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Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Teslaholds Cybertruck event; China EV deliveries; Rivian launches leasing.

Investing.com — Friday’s nonfarm payrolls report for November will be in focus this week as investors try to assess whether the U.S. economy is remaining resilient in the face of higher interest rates. Oil prices look set to remain volatile and central bank meetings in Australia and Canada could underline the view that rates have peaked.

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Boeing, Spirit Aerosystems, and Constellation Brands; downgrades for Foot Locker and Airbnb.

Israel's military increased airstrikes on Hamas targets in southern Gaza, a widening front in the war, as each side ruled out further talks toward a renewed cease-fire. Israel pulled its negotiating team from Qatar, denting hopes that a seven-day cease-fire, accompanied by exchanges of hostages and prisoners, would be extended.

World Bank is working with a club of 15 finance bosses to lower the risk of investing in climate projects in emerging economies and attract private capital for cutting emissions. Ajay Banga, the World Bank's president, said the Private Sector Investment Lab is focused on «figuring out a model of originate-to-distribute» that would allow for deep-pocketed investors to put up large sums for climate deals. The creation of a «securitizable asset class in these kinds of investments, where large pension funds, large players like BlackRock will find a very attractive place to put billions to work,» is a key target, he said at the Bloomberg Business Forum at COP28. PSIL, which launched in June under the auspices of the World Bank, also includes BlackRock Inc.'s chief Larry Fink, AXA SA Chief Executive Officer Thomas Buberl and Noel Quinn, head of HSBC Plc. The group is focused on specific approaches that the World Bank can implement after years of struggling to mobilize the vast sums of money needed to help developing countries adapt to climate change and transition to clean energy. The World Bank has also stepped up action on other fronts, including allowing some vulnerable countries to potentially pause debt repayments and hosting a fund for climate damages. Shriti Vadera, who co-chairs PSIL, said the group is working on financial guarantees because these are «the most efficient and most well-known and used form of credit support.» The PSIL has looked at first-loss and whole-portfolio guarantees, said Vadera, who is chair of Prudential Plc. The goal is for the World Bank to «create a much more simplified set of guarantee products that can be used across different markets,» she said.

GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report. The report also said India's GDP grew at a cumulative annual growth rate of 7 per cent but its emissions rose by only 4 per cent per year during this period, suggesting that the country has been successful in decoupling its economic growth from planet-warming greenhouse gas emissions.

Oil India Ltd. However, there is no specification or mandate on how much gas should go to each of the two segments. Under the administered price mechanism (APM), the price of gas from legacy fields is capped, making it cheaper than gas from other fields.

BJP will be fulfilled. Addressing jubilant BJP workers at the party headquarters here, Modi said the “hat-trick” of wins in Madhya Pradesh, Rajasthan and Chhattisgarh has given the “guarantee” of a victory in the 2024 Lok Sabha polls. However, the party cadre should not become complacent and continue to reach out to the people, he added. Thanking the people of the three states and underlining the growing support to BJP in Telangana, the prime minister targeted the Opposition for trying to divide the people on caste lines. “For me there are only four castes- women, youth, farmers and the poor.

India is one of the bright spots in the global renewable and clean energy sector. Its RE portfolio is around 132 GW, with a target of 450 GW by 2030. India's energy basket is now 43% non-fossil fuel-based, which will be ramped up to 50% by 2030.

Logistics automation player, NIDO Group India has said that it is aiming to reach revenues of Rs 700 crore in the next four years by March 2027. The company also said that it plans to expand its reach in smaller markets towns. “While the majority of NIDO Group’s revenues come from tier 1 markets, we are now witnessing some strong demand from warehouses based in smaller towns of the country.

Bank of India (RBI) forecasts retail inflation to average 5.4% in 2024-25. That would make it four straight years of higher inflation than RBI’s target of 4%. While inflation remains on the higher side, economic growth, though robust, has not been in double digits since the pandemic and was muted before that, but India’s employment rate has increased, according to Periodic Labour Force Surveys (PLFS) data.

DUBAI—World leaders gathered for climate talks in this oil-rich corner of the globe amid sharp divisions over how quickly governments need to wean their economies off fossil fuels to prevent the planet from blowing past the Paris accord’s temperature targets. Vice President Kamala Harris was expected to join Brazilian President Luiz Inácio Lula da Silva, French President Emmanuel Macron and a host of leaders from across the Gulf region Friday at the start of a two-day summit to kick off the United Nations’ annual climate talks, known as COP28.

Editor’s note (November 29th 2023): On November 28th America’s Food and Drug Administration accepted a “Reasonable Expectation of Effectiveness" application by Loyal, a veterinary-medicine company, for its life-extending drug for large dogs. This is the first time the FDA has recognised the possibility that a drug intended for any species might have general lifespan-extending properties. It is entirely possible that at this point you, the reader, are thinking that a greatly enhanced lifespan would be there for the taking had you only had the good luck or foresight to have been born a laboratory mouse. So many things, after all, seem to extend their life’s lease.

Closing November with an 8.86% increase in value, Bitcoin has sustained its upward trend for the past two months.

Revanth Reddy, whose political trajectory has surged from student activism with the ABVP to a brief period of incarceration amid allegations of bribery, now finds himself on the brink of a potential chief ministership. The 56-year-old Congress leader is known among fellow politicians, partymen and people for his never-say-die attitude.

India has successfully phased out ozone depleting and climate warming chemical HCFC 141b and is ahead of schedule in eliminating another such gas, HCFCs, in new equipment manufacturing, according to a government report launched here on Sunday during the global climate talks. The report, jointly brought out by the Environment ministry and UNDP, during a side-event of the annual climate talks COP28, said that surpassing the 35 per cent phase-out target for HCFCs, India has achieved an impressive 44 per cent reduction, showcasing its commitment to collaboration and innovation to meet climate targets.

Congress prospects in the assembly elections in Hindi heartland. Even demand for caste survey and welfare schemes floated by congress failed to transform voters into numbers. The Bharatiya Janata Party (BJP) decisively won state elections in Rajasthan and Madhya Pradesh and hhattisgarh. The electoral contest has gone horribly wrong for the Congress in MP where they were pinning their hopes on a return to power.

Chhattisgarh after announcement of Assembly polls, targeting Chief Minister Bhupesh Baghel over the alleged Mahadev app scam and accusing the Congress of appeasement politics, while calling the Bharatiya Janata Party's promises as «Modi's guarantees». Against predictions by most exit polls that the ruling Congress had an edge in the state, the BJP, which banked heavily on the charisma of the PM, was leading on 53 seats in the 90-member Assembly.

MUMBAI : The Reserve Bank of India’s monetary policy committee (MPC) is likely to maintain status quo on policy rates for the fifth consecutive time, 10 economists polled by Mint said, amid persistent inflation risks. They also expect the committee to nudge up its GDP growth forecast for FY24, from 6.5% to 6.7-6.8%, following higher-than-expected growth in the September quarter (7.6% year-on-year). A majority of the economists polled expect the rate-setting panel to keep the repo rate unchanged at 6.5%.

Assembly Election Results 2023 LIVE Updates From MP CM Shivraj Singh Chouhan to Cabinet Minister Jyotiraditya Scindia, everyone has given credit to MP poll outcomes to PM Modi and his rallies. Prime Minister Modi addressed a slew of rallies in several districts of Madhya Pradesh last month, targeting Congress and boasting the work of his government. As BJP races towards win, CM Shivraj Singh Chouhan's wife celebrates. Watch "He held public rallies here and appealed to the people and that touched people's hearts," CM Chouhan told media when asked about the reason behind BJP's landslide win in MP.

Chhattisgarh Elections Results LIVE According to the latest trends from the Election Commission, the BJP is ahead in 54 seats, while Congress is trailing with 33 seats. The halfway point in the 90-member assembly is 46 seats.