India's retail inflation eased slightly to 5.48% in November, down from 6.21% in October, according to data released by the Ministry of Statistics and Programme Implementation on Thursday. While the pace of price increases has slowed, the Consumer Price Index (CPI)-based inflation remains well above the Reserve Bank of India's (RBI) target of 4%, which allows a deviation of two percentage points on either side.

In a landmark development for Pakistan-China relations, a Chinese business delegation has pledged to invest $1 billion in establishing a state-of-the-art medical city in Karachi. The announcement was made during a meeting with Pakistan's President Asif Ali Zardari, Sindh Chief Minister Syed Murad Ali Shah, and the Chinese Consul General on Thursday.

Elon Musk has officially become the first person in history to surpass a $400 billion net worth, marking a significant milestone in his financial journey. The SpaceX and Tesla CEO reached this remarkable achievement following a surge in his wealth driven by a recent insider share sale and favorable outcomes in the recent U.S. elections.