Economy

At the opening bell, the Dow Jones Industrial Average was down 0.7% or 373 points, while the S&P 500 saw a 0.1% decrease, the Nasdaq Composite climbed 0.3%.

UK targets Israeli settlement trade and Hezbollah-linked finance as Western economic pressure over the regional conflict intensifies.

Eight states and Union Territories raised Rs 16,900 crore through an RBI bond auction, with Maharashtra accounting for 33% of the total borrowing.

These concerns are particularly relevant for businesses in the infrastructure, real estate, power and EPC sectors, where guarantees run for several years over the duration of the project and involve substantial amounts.

Russia remains a major weapons supplier to New Delhi, though India has diversified its purchases in recent years to countries including the US, France and Israel.

Despite the inflation risk and elevated crude prices, Sarkar believes Indian macros and corporate earnings remain strong. He also reiterated that the recent surge in crude prices is temporary.

India's 7.8% Q1 GDP growth remains under debate. SBI Research has detailed the Rs 42 lakh crore revision and the methodology behind it.

Brent crude has gained 1.6% over the past two sessions, while West Texas Intermediate was trading above $92. Brent briefly moved above $98 on Monday, pushing the benchmark to its highest level in nearly six weeks.

UK importers can seek carbon price relief for eligible Indian goods. The relief will apply to carbon price already paid under India's CCTS. The move aims to avoid double taxation on Indian exports, sources added.

Gulf LPG supplies nearly double in August, but the US continues to command over half of India’s import market despite a monthly decline in shipments.

Government weighs common rules across SEZs and other export schemes to curb scheme shopping, ease switching and simplify payments for businesses.

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.