Economy

The bonus is typically equivalent to 78 days' wages and covers eligible non-gazetted staff, including loco pilots, track maintainers and station masters.

Speaking during a fireside chat at the 2026 Bloomberg New Economy Forum, Vaishnaw said trust would be a key factor in the semiconductor value chain and stressed the importance of developing a strong manufacturing ecosystem.

Food and fuel costs drive India's wholesale inflation to 11.39% in September, while manufactured product prices also rise.

Crude's climb on Houthi-Saudi fighting comes as the RBI defends the rupee, inflation sits at a 22-month high and foreign investors sell for a 13th straight session.

Stock Market Live Updates: Among sectors, losses were seen in Nifty Pharma, Nifty Metals, Nifty Auto, Realty and Nifty Private Bank indices, while Nifty IT and Nifty FMCG indices were in the green.

RBI Governor Sanjay Malhotra says price stability hinges on a stable financial system as the central bank tightens forex rules to curb speculative bets, ensure orderly currency movement and ease pressure on the rupee.

Robust direct tax and GST collections, along with stronger customs receipts, are expected to help the Centre meet its FY27 net tax revenue target of Rs 28.7 lakh crore, cushioning a potential shortfall in excise duty collections.

Kotak said India had historically looked too much towards the West for investment and should adopt a more transactional approach to attracting capital.

Domino's US same-store sales grew just 0.3% in the September quarter, with smaller orders pointing to trade-down.

The world's second-largest economy is about $145 short of the World Bank's rich-country line, but here's why it would want to keep the 'developing' tag.

Strong festive demand is visible across physical markets, not just online channels, noted National Joint General Secretary, Confederation of All India Traders (CAIT) Sumit Agarwal.

Food inflation remained the principal driver of headline CPI in Sep'26, driven by a surge in vegetable prices and broadbased pressures across the food basket, and within vegetables, onion inflation more than doubled in Sep'26 vs Aug'26, while garlic and lemon inflation also increased.

Bhandari has highlighted the sharp rise in US Treasury yields as a key risk to the global economy and a potential catalyst for a change in market direction.

Brokerages like BofA, Goldman Sachs, and UBS expect headline CPI to inch higher, given the Iran war, energy supply disruption, and intensifying El Nino backdrop.

IMF India Outlook: The revision by IMF follows the Reserve Bank of India's (RBI) latest monetary policy meeting, at which the central bank raised its GDP growth estimate for the current financial year to 7.1%.

Oil Prices Today: Oil prices remain elevated as traders assess the risk of further supply disruptions amid escalating geopolitical tensions in the Middle East.

India and the UK will begin exchanging annual data on tariff concession usage one year after their trade pact took effect on July 15, 2026. The exercise is intended to identify implementation hurdles and help more businesses access preferential duties.

The Saudis are working on potential international partnerships when looking to add other routes for export, Prince Abdulaziz said, adding that the country was in talks with countries like Kuwait.

India's retail inflation rose to 5.54% in September from 4.83% in August, while food inflation accelerated to 7.74%. Onion inflation surged to 108.09%, with ginger, garlic and lemon also recording sharp year-on-year price increases.

Commerce Minister Piyush Goyal has identified infrastructure and clean energy, advanced manufacturing, research and innovation, financial services, and healthcare and consumer industries as priority areas for India-UK cooperation, with both countries aiming to double bilateral trade by 2030.