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Adani Group founder Gautam Adani have highlighted the growing problem India's renewable energy developers face in finding buyers for the power they generate. While India's central government wants to shift away from polluting coal-fired generation towards solar and wind, officials say state government-owned power distribution companies responsible for keeping the lights on have dragged their heels over striking renewable purchase deals. U.S. authorities allege that Indian billionaire Adani conspired to devise a $265 million scheme to bribe Indian state government officials to secure solar power supply deals, after one of his companies was unable to secure buyers for a $6 billion project for several years.

Defence Ministry said on Wednesday its forces had taken control of the settlement of Nova Illinka, close to the embattled Donetsk region town of Kurakhove in eastern Ukraine. Ukraine's military made no mention of Nova Illinka in its daily dispatches. The town lies on the opposite bank of a reservoir from Kurakhove, one of the focal points of a steady advance through Donetsk region by Russian forces. But Deep State, a popular Ukrainian blog tracking the movements of the armed forces, said more than a week ago that Nova Illinka had fallen into Russian hands.

The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth

Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled

Britain’s new Labour government will launch a consultation on sales targets set for auto manufacturers during the transition to electric vehicles

A government official says Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products

electric vehicles and not just those planning to adopt eco-friendly modes of personal transportation, a senior company executive said. The Mumbai-based automaker on Tuesday made its first full-fledged foray into India's nascent EV market with the introduction of two pure electric models. These are the first two «born electric» models based on the company's latest INGLO vehicle architecture. M&M plans to launch three to five more models based on the same vehicle architecture over the next few years. «We're not targeting EV buyers, but lifestyle buyers. If we target EV buyers, we won't get anywhere. Our target is to convert ICE (internal combustion engine) to lifestyle EVs,» Rajesh Jejurikar, executive director, auto and farm equipment sector, Mahindra & Mahindra, told ET. He said the first thing M&M would want a potential customer to have is the desire to drive its EVs.

The threats were made Tuesday night and Wednesday morning, and law enforcement and authorities acted quickly to ensure the safety of those targeted, spokesperson Karoline Leavitt said in a statement. Leavitt did not say who exactly was targeting, and did not elaborate on the nature of the apparent threats. Spokespeople for the FBI and the Justice Department did not immediately respond to requests for comment.

Chicago Federal Reserve Bank President Austan Goolsbee opens up about the impact of the Federal Reserves moves on The Claman Countdown.

National Tree Company CEO Chris Butler joins 'Cavuto: Coast to Coast' to discuss holiday sales forecasts and artificial Christmas trees.

Bank of Canada deputy governor Rhys Mendes says allowing for a period of price declines may sound tempting, but it would ultimately be more painful for Canadians.

Subscribe to enjoy similar stories. When President-elect Donald Trump said he would nominate the hedge-fund manager Scott Bessent as his Treasury secretary Friday, much of Wall Street and corporate America breathed a sigh of relief. The choice of Bessent, who is hawkish on deficits, a defender of the dollar’s reserve status, and until recently circumspect about tariffs, suggested that Trump would put a priority on market-friendly measures to boost economic growth and hold down inflation and interest rates.

Best Honeywell car air purifiers: Top 5 picks to keep your vehicle fresh and clean from unwanted pollutantsUV-C Light: Some purifiers use UV-C light to kill bacteria and viruses. Although this sounds impressive, its effectiveness depends heavily on how long particles are exposed to the light and how close they are to the UV source.Check out desk air purifiers on AmazonPortable air purifiers come with their fair share of pros and cons, and it’s important to weigh them out before deciding if they’re worth your money.

Swiggy climbed as much as 8.1% on Wednesday to Rs 499 on BSE, with the stock surging nearly 16% in the past two sessions after UBS became the latest brokerage to initiate coverage on the food delivery major with a “Buy” rating, highlighting Swiggy's promising growth in India's food delivery and quick commerce markets. Brokerage firms — HDFC Securities, Motilal Oswal and JM Financial — were the first ones to initiate coverage on Swiggy with particularly bullish views.

mutual funds have multiplied investors’ SIP investments by over three times in the last seven years. Seven small cap and mid cap funds, two flexi cap funds, a multi cap, contra, and an ELSS fund multiplied investors’ SIP investment by more than three times in the last seven years. The top schemes in the list were from the small cap category. Quant Small Cap Fund and Nippon India Small Cap Fund multiplied investors’ SIP investments by 4.19 and 3.88 times respectively in the last seven years.

Hyundai Motor India shares rose by nearly 2% to the day's high of Rs 1,926 on the BSE after Morgan Stanley and JPMorgan initiated coverage. JPMorgan and Morgan Stanley have initiated coverage on the automaker with an overweight rating, citing its strong growth potential, strategic positioning in the SUV and electric vehicle (EV) segments, and promising valuation metrics.

Anand Rathi has a buy call on Astral with a target price of Rs 2,666. The current market price of Astral is Rs 1,805. Astral, incorporated in 1996, is a Mid Cap company with a market cap of Rs 48387.78 crore, operating in the Plastics sector. Astral's key products/revenue segments include Plastic Products and Other Operating Revenue for the year ending 31-Mar-2024.

Vodafone Idea topped the list of India Inc's largest loss-making company in Q2 with a loss of Rs 7,176 crore. NBFC Sammaan Capital, which was earlier known as Indiabulls Housing Finance, reported the second largest loss pile of Rs 2,761 crore. PSU fuel retailer Indian Oil's Q2 loss was also more than Rs 1,100 crore.

Mahesh Jethmalani on Wednesday said that the US indictment against Gautam Adani only has claims and has not been proven. He also attacked the Congress party, asking it to produce evidence before holding press conferences to launch attacks against Adani.

Subscribe to enjoy similar stories. Executives at Zeiss SMT, which makes indispensable components to build the world’s most powerful semiconductors, got some troubling news last fall. Headhunters from Huawei Technologies, the Chinese tech firm, were trying to poach its employees.

With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves