Goyal holds bilateral trade talks with UAE, Indonesia on BRICS sidelines
Piyush Goyal met UAE and Indonesian trade ministers in Jaipur, reviewing CEPA momentum and AITIGA talks.
Business
Oil India Q1 profit triples as crude realisations, output climb
Oil India's Q1 standalone profit rose over three-fold to ₹28.70 billion, aided by higher crude realisations and an 11% output increase.
Chinese traders, steelmakers quietly drop Radiant World over settlement delays
Chinese iron ore traders and steelmakers have stopped dealing with Radiant World due to settlement delays and state guidance.
Wall Street opens mixed as surprise job losses cool rate-hike bets
US stocks opened mixed Friday as a surprise drop in August payrolls raised doubts about a September Fed rate hike.
Global M&A Roundup: EasyJet, Beazer Homes, and Genel Energy Deals
A roundup of major M&A deals announced on Friday, including easyJet, Beazer Homes, and Genel Energy.
BEML Q1 Revenue Up 29%, Loss Narrows as EBITDA Turns Positive
BEML's Q1 revenue rose 29% to Rs 819.62 crore, net loss narrowed to Rs 27.01 crore, and EBITDA turned positive.
Coal India wins Odisha iron ore block bid in diversification push
Coal India is declared preferred bidder for Odisha's Gadadharpur iron ore block, marking its entry into non-coal minerals.
RBI eases priority sector lending norms for overseas FX deposits
RBI exempts advances against 3-5 year overseas FX deposits and 3+ year NRE term deposits from adjusted net bank credit for priority sector lending targets.
Gold hits seven-week high as weak US jobs data cools rate hike bets
Gold jumped to a seven-week high after US July payrolls unexpectedly fell, reducing the odds of a September Fed rate hike and boosting bullion's weekly gains.
Fed September Rate Hike Odds Slip After Weak July Jobs Report
Rate futures now show a 43.9% chance of a Fed hike in September, down from 57% before the jobs report.
Euro zone bond yields slide after surprise US job losses
US non-farm payrolls fell unexpectedly in July, pushing euro zone bond yields lower and boosting hopes for a pause in Fed rate hikes.
US Treasury yields slide after surprise July job losses
US Treasury yields fell sharply after July payrolls unexpectedly declined, reducing market odds of a September Fed rate hike.
Guotai Haitong moves to take offshore unit private in $3.6 billion deal
Guotai Haitong Securities proposes a $3.64 billion take-private of its Hong Kong-listed offshore unit, offering a 44.2% premium to delist the firm.
Drone strikes cut CPC oil loadings by a fifth in July
Drone attacks near the Black Sea cut CPC oil loadings by over 20% in July, disrupting Kazakh exports and tightening global supply.
Wall Street Set to Open Higher as Weak Jobs Data Cools Rate-Hike Bets
US stock futures rose after July payrolls unexpectedly fell, lowering odds of a September rate hike and boosting tech shares.
Google Pay Puts Domestic Payments First, Pauses Cross-Border Focus
Google Pay is prioritising faster, safer domestic transactions over cross-border payments, focusing on fraud prevention and AI for MSMEs.
Life Insurers' New Business Premium Up 21% in July, Retail Growth Uneven
India's life insurers saw new business premium rise 21% YoY in July 2026, driven by group single premiums, but retail recurring growth remained moderate.
Volkswagen Plans US Comeback With Pickup Truck, New Leadership
Volkswagen will revamp its US strategy with a new pickup truck and leadership change, targeting growth in high-margin segments.
SBI Chairman Says Q1 NPA Rise Is Seasonal, Not a Sign of Stress
SBI's chairman attributes the sequential rise in Q1 NPAs to seasonal factors, dismissing concerns over asset quality and private capex slowdown.
Airbnb raises revenue forecast, credits AI for cost cuts
Airbnb lifts annual revenue growth forecast to mid-teens, citing strong demand and AI-driven cost savings; shares rise 9%.