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Economy & Policy
US Trade Representative Jamieson Greer said he did not think there was "something imminent" on the trade deal with India and the two sides have identified "the universe of items" that are sticking points.
Companies & Deals
Bagchi will take charge on October 27, succeeding Shashidhar Jagdishan, as India's largest private sector lender navigates governance concerns and a leadership transition.
Economy & Policy
The HSBC India Manufacturing PMI rose from 52.8 in August as new orders grew at their fastest pace since February, while exports and output also accelerated…
Economy & Policy
Gross GST collections rose 14.7 per cent in September to over Rs 2.03 lakh crore. Gross GST collections from domestic activities rose 10.1 per cent to about Rs 1.38 lakh crore, while revenues from imports were up 26 per cent to Rs 65,525 crore.
Markets
Spot gold down over 2% so far this week; US gold futures rose 0.4% to $4,218.60…
Companies & Deals
Commerce and Industry Minister Piyush Goyal said India does not have structural excess manufacturing capacity in the sectors identified by the G20 Presidency, asserting that the country's manufacturing capacity serves both domestic and global needs.
Companies & Deals
The company has issued such a directive for the first time and it comes as Indian unit Maruti Suzuki prepares to boost annual production to 4 million cars by 2030 from about 2.4 million…
Markets
Both the BSE and NSE will see no trading activity for three consecutive days in October, from Friday, Oct. 2, through Sunday, Oct. 4.
None of these are in today’s headlines.
Economics
In the newsNothing imminent: USTR Greer on India trade deal; Modi, Trump to talk soon
A tariff is a tax on imports. It shields domestic producers but raises prices for consumers and often invites retaliation.
Exam angleFor a small importing country a tariff creates a deadweight loss: consumers lose more than producers and the government gain.
Derivatives
In the newsGold steadies before US payrolls data, set for second weekly loss
Futures lock in a price today for a trade later; options give the right but not the obligation. SEBI studies found about 9 in 10 individual F&O traders lose money.
Exam anglePut–call parity: S + P = C + PV(X). A long call plus a short put at the same strike behaves like a long forward.
Corporate Issuers
In the newsIndia does not have structural excess manufacturing capacity: Piyush Goyal
Capital expenditure is money spent on long-lived assets like plants or data centres. It creates value only if its returns beat the cost of the money used.
Exam angleAccept projects with NPV > 0, which for conventional cash flows means IRR > the cost of capital (WACC).
CA Final · Financial Reporting
In the newsIndia's manufacturing PMI rises to 55.1 in September, hits 7-month high
Revenue is recognised when control of goods or services passes to the customer, not simply when cash arrives or a contract is signed.
Exam angleInd AS 115's five steps: identify the contract → performance obligations → transaction price → allocate it → recognise as each obligation is satisfied.
CA Inter · Taxation
In the newsGross GST collections rise 14.7% to over ₹2.03 trillion in September
GST is collected at every stage of the supply chain, but each business claims credit for the GST it paid on its inputs, so tax falls only on the value it adds.
Exam angleCredit needs a valid tax invoice, receipt of the goods or services, the tax actually paid to the government by the supplier, and the buyer's return filed.
CA Inter · Financial Management
In the newsAdani projects worth ₹2.6 trillion completed or underway in Maharashtra
A new plant or data centre is only worth building if the cash it throws off, discounted at the cost of capital, beats what it costs.
Exam angleAccept if NPV > 0. Payback period is simple but ignores the time value of money and cash flows after payback.
The projects form part of a broader ₹6 trillion investment blueprint spanning energy, aviation, urban regeneration, data centres and coal gasification…
It comes after Reuters reported that EU nations were discussing a proposal to release diesel reserves following pressure from the Trump administration.
Rising energy costs, persistent inflation and stronger growth expectations are reshaping bond markets as investors reassess long-term borrowing costs globally…
The issue comprises a fresh issue of up to Rs 550 crore and a Rs 450 crore OFS, with proceeds earmarked for AI, talent expansion and acquisitions…
Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre…
Motorists and small businesses struggle with costs as Iran war drives up cost of oil worldwide ‘Half my day’s pay goes to filling up my car’ Business live – latest updates British motorists face more pressure at the pumps after the average price of diesel climbed to a…
Keventer Group and Saroj Poddar Group proudly unveil a Rs 400-crore investment fund tailored for real estate ventures. This fund implements a secured debt financing approach, focusing its efforts on projects within the Delhi-NCR and West Bengal regions.
Department of Commerce extends Component II of RELIEF (Resilience & Logistics Intervention for Export Facilitation) via September 30 notification under the Export Promotion Mission…
Andhra Pradesh collects ₹4,986.18 crore in commercial taxes in September, ₹651.34 crore or 15.03% more than a year earlier…
Foreign currency non-resident inflows have significantly bolstered rupee stability and India's balance of payments. However, the current support from these inflows may not suffice for long-term external stability.
The Telangana Cabinet has approved the release of two pending DA instalments for employees and pensioners, adding ₹2,500 crore annually to the state's financial burden. Details here.
India must work on ensuring that the economy is more competition-friendly rather than business-friendly, says the report…
Annual euro zone inflation hit 3.8% last month, its highest level since September 2023.
The ECI has asked 20 states and UTs where SIR is complete to compare pre- and post-SIR rolls, identify voters left out and enrol them through Form 6…
A total of 19 LNG cargoes were shipped through the key waterway in September, made up of 13 from Qatar and six from the United Arab Emirates, S&P Global Energy said…
Bastian earlier defended Delta's decision to go with Amazon Leo, saying in a May interview with Bloomberg News that the service offered improved bandwidth at a much lower price point than Starlink…
The company said it was ensuring fuel availability across its network after Petroleum Secretary Neeraj Mittal said private retailers would be told to stop capping sales.
The project is expected to create around 30,000 jobs, including 10,000 direct and 20,000 indirect roles…
The work group comprises Boeing's largest white-collar union.
Amazon has expanded its ultra-fast delivery service, Amazon Now, to more than 120 cities across India, doubling its footprint in two weeks as the e-commerce giant steps up its delivery network ahead of the festive season.
The alleged stabbing of captain by his co-pilot on a FlyDubai flight bound for Tel Aviv has exposed potential gaps in crew screening, cockpit security and emergency response protocols.
Russian president says Modi repeatedly presses for a peaceful settlement, while India signals readiness to use its ties with both sides to support dialogue…
The US military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a US official said Thursday. The bolstering of the American military presence comes as President Donald Trump warned that new strikes against Iran could be on the horizon.
In a video shot inside the flydubai plane, one person could be heard saying, “he tried to crash the plane,” in reference to the Omani copilot who stabbed the plane’s Indian captain.
President Donald Trump said Iran may be linked to the FlyDubai copilot who tried to crash an Israel-bound plane. The president was asked Thursday by reporters at the White House whether he had been briefed about any links between the pilot behind the attack and Tehran.
UK counter-terrorism police have arrested a 27-year-old dual British-Iranian national over suspected preparation of terrorist acts linked to the RAF Fairford incident. The arrest comes amid claims of possible Iranian involvement and a separate warning by Israel.
"As this is a matter concerning the honor of the Republic of Korea's people and nation, we cannot overlook it," he said.
The Centre has formally identified 28 strategic places and geographical features in Ladakh, including key border friction points along the LAC like Gogra and Hot Spring, on the official Indian map on Friday.
The Sam Altman-led company has been conducting a broad review of the activities of its AI models after the accidental hacking of Hugging Face…
The PM might come across as a nice bloke but he is politically ruthless. He will need to be if he is to turn big talk into big changes How much can a Labour government change the country?
If a chatbot prompt like ‘find Australian medicine statistics’ results in a website breach, the responsibility does not lie with a piece of code The recent panic about a breach of Medicare computer security by an “AI agent” contrasts sharply with other recent cases…
From tighter vehicle-efficiency norms and India's peak-power challenge to complaint analytics, and frontier AI safeguards, today's opinions examine regulation, resilience and institutional learning…
Rebuilding a complex and broken system into one that’s fair for all, and in the face of steely opposition: that will be the PM’s real challenge Here is rare clearcut proof of the power of political persuasion.
My dad and grandad were scaffolders. I even did it myself for a short time. It’s brutally hard work – but it’s something the tech bros will never take away There’s a shortage of scaffolders. I can’t think why.
Find insight on Tenaga Nasional, Enerflex and more in the latest Market Talks covering Energy and Utilities .
Find insight on MediaTek, Telkom Indonesia, Naver and more in the latest Market Talks covering Technology, Media and Telecom.
Wars in the Middle East and Ukraine have blocked shipments from regions that normally supply almost a third of the world’s diesel exports.
European chip stocks jumped following a report that Samsung Electronics is increasing prices for its memory chips.
The euro stayed slightly higher against the dollar after data showed eurozone inflation accelerated by more than expected in September.
Elevated yields are attracting investors to Treasurys, while the gap between French government bonds and their German peers is at multiyear highs.
Homeowners like me are staying put, the market is frozen and affordability is as ugly as it was in the housing bubble…
US president has threatened to ban US exports of the fuel if the continent does not unlock reserves…
Shares in fast-fashion retailer have tumbled 38% since listing in Hong Kong last month…
Ukrainian leader tells FT his Russian counterpart has given the order that ‘there are no rules now’
Yes, Nixon’s export ban did briefly suppress domestic prices but it had a huge long-term cost…
The UK’s South East Water Ltd. applied for permission to restrict non-essential water use by businesses in Sussex as drought conditions deepen in the region.
The Senate reached a bipartisan deal this week, but there’s no guarantee lawmakers will finish the job.
Investors eager to trade on a Brazilian election that’s too close to call are prioritizing derivatives over outright bets after market favorite Flávio Bolsonaro gained ground on President Luiz Inácio Lula da Silva.
France’s bond market is heading into a period of heightened volatility as political uncertainty collides with deteriorating public finances, according to Nicolas Forest, chief investment officer at Candriam.
When countries switch towards riskier assets, the global economy feels the consequences…
It is more revealing about its academic culture than its civil service…
That is bad news for investors’ returns…
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
The Swedish American actress, who died in 1990, was brought back in a A.I.-generated ad for a manufacturing company.
Russians are creating and spreading music glorifying the invasion of Ukraine, using platforms built in the United States.
The artificial intelligence boom has pushed up the stock market, even as interest rates have pulled it down, our columnist says.
Industry giant Conagra Brands has so many frozen-food items that they’re competing against each other, an analyst says.
September provided a reset for stocks, pointing to a good end to the year, says Scott Rubner…
Christopher Wood, of Jefferies, said Group of Seven bonds have entered a ‘structural bear market’ since March 2020.
Were Flavio Bolsonaro to outperform current polling Sunday, an emerging-market fund manager see the opportunity for a sharp rally in stocks…
The Iran crisis has sent oil costs into a wild swing, knocking up raw-material prices and shaking up India’s man-made fibre scene—and its knitwear supply chain too. Listen to know more...
The development assumes significance given that real estate accounts for 22% of insolvency cases undergoing resolution in India, and is the second-biggest sector after manufacturing, which makes up for 36%.
