Economy

The exchange has advised clients to use feeds from Chicago as a backup while the disruption persists.

As per Global Petrol Prices, there are some countries where petrol is still sold under Rs 4 per litre. Here's a look at the top 10 countries that sell the cheapest petrol in the world. Do note that the prices were in US dollars and is converted to Rs 94.15, which is subject to market fluctuation.

In the last seven days, the rupee has sharply recovered by 2 percentage points or 2 units and settled at 95.06/dollar levels on Thursday. What prompted this swift comeback?

India's net direct tax collections rose 13.21% to Rs 13.38 lakh crore as of October 14, driven by higher corporate tax and securities transaction tax receipts. Gross collections increased 14.89% to Rs 16.03 lakh crore, while refunds jumped 24.22% to Rs 2.65 lakh crore.

The Infosys co-founder says payment system participants need sustainable revenue models as India expands its digital payments infrastructure.

The gauge rose as much as 0.5% to the highest level since May 2025. US consumer prices advanced at the fastest pace in five months on rising fuel costs, according to Bureau of Labor Statistics data.

Combined oil flows through the Strait of Hormuz, Bab al-Mandeb and the Suez Canal fell to 9.99 million barrels per day in September, 61% below their February pre-war level.

A key measure of underlying price pressures, which excludes food and energy, was up 0.3%.

"The authorities very much rely on strong growth in the US," Managing Director Kristalina Georgieva said Wednesday. "Growth, of course, helps but it cannot deliver fast enough the necessary adjustments."

India's exports to China surged 40.7% to $19.26 billion in January-September 2026, but imports climbed 23.3% to $125.19 billion, pushing the trade deficit beyond $100 billion.

In a major step towards ease of doing business, the Council resolved that ONOP reforms, including One Nation One Documentation, Port Process Re-engineering and Inter-ministerial Process Reforms, to be implemented across all ports by March 2027.

Fairfax's winning bid for IDBI Bank has been fixed at Rs 81 per share, above the benchmark price of Rs 75.99 per share determined using two independent valuations.

The Centre approved a 78-day bonus for eligible railway employees ahead of the festive season. The payment covers around 11.41 lakh non-gazetted staff, including loco pilots, station masters and track maintainers.

Stock Market Live Highlights: Among sectors, losses were seen in Nifty Pharma, Nifty Metals, Nifty Auto, Nifty Realty and Nifty Private Bank indices, while Nifty IT, Nifty FMCG, Nifty Oil & Gas and Nifty Media indices ended in the green.

However, investors with genuine commercial reasons for routing investments through Mauritius may continue to claim benefits, subject to the amended treaty provisions and applicable clarifications.

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.

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.