Economy

Demat 2.0 is the new market infrastructure developed to test a new way of issuing, holding, trading and settling corporate bonds.

The existing rules provide H-1B workers and certain other visa holders with a discretionary grace period of up to 60 days after their employment or qualifying activity ends.

The latest rally comes against a backdrop of already tight inventories. OECD July crude oil stocks stood at 2.76 billion barrels, up 9.8 million barrels from June but still 47.9 million barrels below the latest five-year average.

Traders boosted bets on an October rate move, now seeing a 70% chance of an increase compared with just over 50% earlier.

The initiative could allow bilateral trade settlements through CBDCs while reducing costs and reliance on traditional banking channels.

Goyal signalled that India and Russia are likely to focus on expanding non-energy trade.

The RBI Governor said the central bank remains committed to supporting the fintech industry as it evolves, while emphasising that growth must be accompanied by greater responsibility.

India's BRICS 2026 vision focuses on AI for public good, digital trade, local payment systems, resilient supply chains, MSMEs and sustainable growth across the Global South.

In an increasingly self-reliant world, developing countries are competing harder for foreign capital. India and Vietnam have an added advantage.

IBBI has flagged potential misuse of the IBC and asked insolvency professionals to watch for red flags including creditor dominance, low competition and related-party transactions.

During his earlier prediction on September 2, Musk said humanoid robots and sophisticated artificial intelligence will propel a significant increase in global productivity, perhaps boosting the global economy by 20% to 30%.

Ghosh highlighted the cess was introduced for a brief period to enable GST transition and was discontinued from April 2026 after the restructuring of GST rates.