Economy

The broader recapitalisation effort was first announced at China's annual parliamentary meeting in March.

The US dollar currently trades at around 1.38 Canadian dollars, meaning one Canadian dollar is worth roughly 72 US cents.

In 2024-25, India exported bananas worth $377.5 million, about 30% year-on-year growth.

Preparatory meetings of GST officials are scheduled for October 5 and 6, according to an official communication. The officers' meeting will be held on October 5 from 3 pm onwards and on October 6 from 11 am onwards.

The Ministry of Coal clarified that the deadline to submit applications is September 7, 2026 and conclusions cannot be made until this window closes.

The US may have Tesla, leading AI companies, enormous amounts of capital and some of the world's best robotics researchers. China has something less glamorous: an irreplaceable supply chain.

US President Trump secured a deal giving the US a 35% stake in a private firm developing Venezuelan oil fields, sparking industry concerns over competition and disrupted talks.

Investors will now turn to next week's US inflation data for fresh clues on the Fed's upcoming rate decision.

The latest report didn't suggest the labor market is adding to price pressures, however, and analysts continue to expect the next Fed rate decision will hinge on inflation data due next week.

The increase in manufacturing employment over the last three months alone, at 43,000, was the strongest since the end of 2022.

The central bank also said participants will have the option of premature reversal of the amount lent, including partial reversal.

Donald Trump renewed his call for lower interest rates after US employers added 162,000 jobs in August, beating estimates and signalling a resilient labour market.

Goyal said the two countries need to work on technology and certification aspects of lab-grown diamonds.

Norway's sovereign wealth fund plans to cut US Treasury exposure by nearly $80 billion and increase mortgage-backed debt holdings.

Belgium PM Bart De Wever called for deeper India-EU ties as the two countries explore opportunities across trade, investment, ports and infrastructure.

Nonfarm payrolls increased 162,000 last month and July's job losses were revised away, according to Bureau of Labor Statistics data out Friday.

The reserves have been increasing since the RBI announced the concessional forex swap initiatives in June this year amid a sharp depreciation in the local currency.

India and Belgium discussed direct air connectivity, pharmaceutical cargo and advanced air mobility as both countries look to deepen aviation and trade cooperation.

Nasdaq 100 futures advanced 0.41%, Dow Jones Industrial Average futures was marginally down 0.08%, while S&P 500 futures was up 0.03%.

World Bank India ED rejects Subhash Chandra Garg's claim that nominal GDP growth is below 2.5%, says the base revision was flagged as far back as March