Bihar recorded the sharpest wage rise among major states, at 16.7%, taking the average to Rs 1.63 lakh.
Economy
Factory Wages Rise Across India, But Jharkhand Bucks The Trend; Check State-Wise Data
India-US Trade Deal Talks Enter Final Stretch; Modi, Trump May Hold Another Call SoonGreer said Modi and Trump had held a "constructive call yesterday morning" and that another conversation could follow soon.
Paramount Dealmaker Says Warner Merger Is About Growth, Not CutsGerry Cardinale, founder of RedBird Capital, says the Paramount Skydance Warner Bros. merger will drive meaningful growth, not just cost-cutting, despite industry concerns.
US Initial Jobless Claims Slip To 197,000, Lowest Since JulyInitial jobless claims fell by 1,000 to 197,000 in the week ended Sept. 26.
Govt Considers Lowering Import Tariffs On Pulses To Tame Food Inflation: ReportGovernment weighs lower tariffs on select pulses as uneven monsoon raises concerns over domestic supply and food inflation.
Govt Revises Sugar Dealers' Stock Holding Period To 15 Days, Caps Limit At 1,000 QuintalsThe Centre has cut sugar dealers' stock-holding limit to 15 days and 1,000 quintals from October 15, aiming to curb hoarding and ensure festive-season supplies.
India's Rs 1.86 Lakh Crore-Green Energy Corridor To Trigger Order Supercycle For EPCs: JPMorgan's Top PicksAt Rs 1.86 lakh crore, GEC-3 represents nearly an eight-fold increase over the combined capex of the previous two phases, reflecting India's accelerating transition towards a 500 GW non-fossil capacity target by 2030 and net-zero commitments.
GST Collections Rise 14.7% YoY to Rs 2.04 Lakh Crore In SeptemberGST collections in September rose 14.7% year-on-year (YoY) to Rs 2.04 lakh crore. Net GST revenue rose 18.1% to Rs 1.77 lakh crore, the government data showed.
'Cannot Take High Growth For Granted': DEA Flags El Nino, Crude Oil Shock And Employment RisksThe DEA report delivered a balanced assessment of the economy: while high-frequency domestic indicators reflect sustained dynamism, maintaining a high-growth trajectory will demand rigorous macroeconomic discipline and swift policy execution.
Rising Freight Prices, $95 Diesel Crack, $16 Crude Premium: What Happens Next For Energy Stocks? Jefferies Weighs InJefferies estimates OMCs are currently making losses of around Rs 11 per litre on petrol and Rs 16 per litre on diesel based on 15-day average pricing, although the losses have narrowed from the levels seen in Q1FY27.
Trump Says Powell Should Be Forced to Resign From Fed BoardDuring Powell's tenure leading the central bank, the president repeatedly criticized him over monetary policy and used the Fed's headquarters renovation as a cudgel against him. Powell resisted Trump's efforts to push him out of office, including threats to fire him.
China's Coal Past Meets Pakistan's Rapid Solar ShiftHigh power costs, an unreliable grid and the availability of cheap panels — popularized through DIY installation tutorials on TikTok — made the nation China's third-largest solar export market last year, and the equipment has become so ubiquitous that it's now even being used as wedding dowry.