INDIAN ECONOMY
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The name is Bond. Treasury bond! The bond is back. And right now, Bond is having a rather consequential moment. The yield of 10-year US Treasuries, or US government bonds, has climbed to 5.18%, its highest since 2007, while the 30-year yield has touched 5.47%, a level not seen in 22 years. For most people out...
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India has emerged with the strongest growth outlook among economies covered in the World Economic Forum's September 2026 Chief Economists' Outlook, with 74 per cent of surveyed chief economists expecting strong or very strong growth over the next 12 months, up sharply from 52 per cent in May.
Overall, 98 per...
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India’s economy is facing near-term headwinds from “unsettled relations” with the United States, global energy prices and the lack of an “AI play” in the country, Chief Economic Adviser V. Anantha Nageswaran said on Friday, according to Reuters.
Additionally, speaking at the State Bank of India’s Banking and...
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The West Bengal government has handed over around 580 acres of land for around 33 industrial projects involving an estimated investment of Rs 60,000 crore. The projects are expected to create nearly 62,000 jobs and will cover sectors such as semiconductors, defence and ammunition, solar energy, electric vehic...
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Twelve years ago, Make in India set out to make the country a global hub for manufacturing, design and innovation. It has become a national mission for industrial capability and self-reliance.
By June 2026, Production Linked Incentive schemes had generated investments of Rs 2.6 lakh crore, production and s...
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Fiscal prudence, agility in data and systems, and data harmonization are some of the things that will help India move towards its goal of becoming a developed nation by 2047, a senior central government official said here on Thursday.
Fiscal prudence will give India a strong foundation for growth, especial...
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India should pursue indigenisation that maintains global export competitiveness rather than isolated protectionism, Chief Economic Adviser V Anantha Nageswaran said on Thursday. Addressing the SBI Banking & Economics Conclave in Mumbai, he said the country should build physical buffers for key commodities, su...
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India’s journey from an economy once weighed down by poverty to a major force in the global economic order reflects more than rapid GDP growth, Economic Affairs Secretary Anuradha Thakur said on Thursday, reflecting on the country’s evolving role in global economic governance.
Addressing the SBI Banking & ...
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Commerce Secretary Rajesh Agrawal said on Thursday that new-generation free trade agreements (FTAs) aim to give investors greater predictability and confidence to set up or expand operations in India, while integrating the country more deeply into global supply chains.
“Investments need predictability,” he...
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MARKET & FINANCE
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Markets regulator Sebi on Thursday approved a slew of reforms to deepen market participation, widen investment avenues and simplify regulatory norms, including an overhaul of portfolio management rules, greater access for FPIs to commodity derivatives and allowing depository receipts against REIT and InvIT un...
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The share of high-value microfinance loans of more than Rs 75,000 given to single borrowers rose to 41% in the first quarter of this fiscal year from 28% a year earlier, according to a joint report by Equifax India and Small Industries Development Bank of India.
The report published Thursday indicates that m...
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US long-dated borrowing costs hit their highest in over 20 years on Thursday, extending a selloff as holders demand greater compensation to hold government bonds given strong economic growth, high levels of debt and rising energy costs that have further fanned inflation fears.
Bond markets have been under ...
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GLOBAL CORPORATE
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Anthropic has signed an $11.6 billion cloud services agreement with Akamai Technologies, as the AI lab seeks additional computing capacity to support its growing workloads.
The seven-year contract could expand by an additional $9 billion, bringing the potential total commitment to about $20 billion. Akamai...
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The head of the group representing major US airlines said carriers oppose a US diesel export ban, saying it could lead to higher prices and have a "drastic impact" on air carriers.
Airlines for America CEO Chris Sununu said the group had spoken with officials at the US Departments of Energy and Interior to...
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When Zhu Zhili was looking for a base to set up an artificial intelligence film studio in China two years ago, there was just one clear choice: the southern city of Shenzhen with its vast tech ecosystem.
This year, AI filmmaker Zhu said he has fielded calls from officials in cities and industrial parks acr...
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US Energy Secretary Chris Wright has contacted executives at several major American refiners in recent days to gauge support for a voluntary restriction on diesel exports as the Trump administration searches for an alternative to a short-term ban, according to three people familiar with the discussions.
Th...
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General Motors and Ford Motor have lost more market share in the United States than any other automakers so far this year as buyers prioritize fuel efficiency amid high gas prices, an industry forecast shows.
Ford’s vehicle sales are expected to drop 8.8% through the first three quarters of the year, accor...
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Tesla is beginning deliveries of its Semi trucks to a first set of customers this week, executives said at its plant in Sparks, Nevada, almost nine years after CEO Elon Musk unveiled the electric big rigs.
The Semi, designed for long-haul freight, expands the market for Tesla, known for its electric sedans a...
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Volkswagen CEO Oliver Blume may have got the green light from stakeholders for his turnaround plan, but he faces tough talks in Germany over job cuts and plant closures as well as fundamental questions over the automaker's US strategy.
Here is a guide to what is coming up next.
Volkswagen's supervisory bo...
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Banking
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The Reserve Bank of India (RBI) is changing the rules on how commercial banks can determine and disclose interest rates of bulk fixed deposits (FD). The new FD rules will come into effect on October 1, 2026.
Under the new rules, banks need to disclose their FD rates in advance. They also need to disclose t...
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US bond yields are rising, and India is feeling the heat, just like most other global markets. The US bond yield surged to a 19-year high above 5% recently. Motilal Oswal believes the rise in global yields will keep Indian borrowing costs elevated and limit the scope for a significant decline in domestic bond...
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The government is nudging banks and the Confederation of All India Traders (CAIT) to ensure UPI’s Merchant Discount Rate (MDR) is not passed on to consumers, sources said, adding that it can’t stop people from splitting transactions to avoid the charges also.
“Banks have been advised to ensure that merchan...
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GLOBAL ECONOMY
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Mexico's economy picked up in July, expanding by 0.8% from the prior month, official data showed on Thursday.
That was faster than a Reuters poll forecast for 0.2% growth.
The national statistics agency (INEGI) also revised ...
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Mexico's 12-month inflation rate accelerated more than expected in the first half of September, while core inflation continued to ease, data from national statistics agency INEGI showed on Thursday....
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The US current account deficit widened sharply in the second quarter amid a surge in imports of goods, government data showed on Thursday.
The Commerce Department's Bureau of Economic Analysis said the current account deficit, ...
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Canadian monthly retail sales fell by 0.7% in July, marginally better than an average of analysts' expectations, primarily led by declines at general merchandise retailers, data showed on Thursday.
Retail sales, which include p...
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Argentina's economic activity fell 1.4% in July compared with the same month a year earlier, data from the country's official national statistics agency showed on Thursday.
The decrease for Latin America's third-largest economy...
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British consumer confidence unexpectedly struck a more than two-year high this month as households grew more optimistic about their personal finances, according to a survey on Friday that added to recent signs of resilience in the...
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German consumer sentiment weakened more sharply than expected heading into October, as rising energy prices soured households' income outlook, a survey showed on Friday.
The consumer sentiment index, published by the Nuremberg ...
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Brazil's central bank sees a slowdown in economic activity next year as essential for inflation to converge to its 3% target, a senior official said on Thursday.
• "The output-gap opening embedded in our 2027 forecast is essent...
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The US Federal Reserve on Thursday proposed new rules for issuers of dollar-backed cryptocurrency tokens known as stablecoins, as required by last year's GENIUS Act, which established a federal regulatory framework for the tokens....
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The Bank of Mexico on Thursday held its benchmark interest rate steady at 6.50% as expected, though it dropped guidance that explicitly suggested policymakers would continue to keep borrowing costs at that level going forward.
...
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INDIAN CORPORATE
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India’s JSW Group wants Volkswagen AG to cover a $1.4 billion local tax liability, people familiar with the matter said, a sticking point that could upend a planned partnership seen as key to reviving the German carmaker’s fortune...
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Suzuki Motor Corporation will scale up its India production capacity to 4 million units annually from FY30, positioning the country as a key global manufacturing and export hub, the Japanese carmaker said in a press release on Fri...
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Waaree Clean Energy Solutions (WCES), a wholly owned subsidiary of Waaree Energies, announced its entry into India’s speciality gases business on September 24. The company said it aims to become a one-stop supplier of ultra-high p...
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Varun Beverages (VBL) informed stock exchanges on Wednesday that its subsidiary, Varun Beverages (Zimbabwe), has entered into an exclusive distribution agreement with Mondelez South Africa Proprietary. The agreement covers the dis...
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Welspun Corp has secured its largest-ever order for High-Frequency Induction Welded (HFIW) pipes, valued at around $412.5 million (approximately Rs 4,000 crore).
Following the latest order, Welspun Corp’s global order book has ...
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COMMERCIAL LAW
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The Foreign Direct Investments (FDI) in India has touched a highest-ever level of USD 94.53 billion in 2025-26, while cumulative FDI inflows during 2014-26 have reached USD 843 billion, Commerce and industry Minister Piyush Goyal ...
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