Economy

Greer said Modi and Trump had held a "constructive call yesterday morning" and that another conversation could follow soon.

Gerry Cardinale, founder of RedBird Capital, says the Paramount Skydance Warner Bros. merger will drive meaningful growth, not just cost-cutting, despite industry concerns.

Initial jobless claims fell by 1,000 to 197,000 in the week ended Sept. 26.

Government weighs lower tariffs on select pulses as uneven monsoon raises concerns over domestic supply and food inflation.

The 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.

At 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 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.

The 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.

Jefferies 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.

During 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.

High 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.

The rate of special additional excise duty (SAED) along with road and infrastructure cess on export of diesel has now been reduced to Rs 16 per litre from Rs 20 a litre.

During 2025-26, the Scheme benefited more than 15,400 exporters across over 444 districts, with the beneficiary base comprising predominantly MSMEs.

Chief Economic Advisor V Anantha Nageswaran on Wednesday said the second half of the current fiscal is going to be challenging because downside risks to global growth have increased and interest rates are rising across the world.

Maharashtra accounts for around 40% of the country's onion output.

The second factor will be monsoon, which is currently at 12% below long-term averages, and likely to impact the winter crop as well.

The absolute highest increase in MSP has been announced for safflower at Rs 675 per quintal followed by rapeseed and mustard at Rs.413 per quintal.

The Green Energy Corridor Phase III will deploy 50 GWh of battery storage and strengthen intra-state transmission to evacuate up to 135 GW of renewable energy.

The companies were also accused of wrongly claiming tax credits totalling around $714,000 for recycling services that investigators said were never actually provided.

The government has pegged its fiscal deficit target for FY27 at 4.3% of GDP, or Rs 16.96 lakh crore.