Singapore Banks Lean on Wealth Boom as Rate Pressure Bites
Singapore's top banks offset lower lending margins with record wealth management income, with OCBC and UOB beating profit estimates.
Business
Warsh's Quiet Fed Faces First Big Test With July Jobs Data
Friday's July jobs report will test markets' read on Fed Chair Warsh's less-guidance stance, which has already pushed long-term yields to multi-year highs.
Rupee Holds Near One-Month High as RBI Steps In to Curb Oil-Led Pressure
The rupee stayed near a one-month high on Friday, supported by likely RBI intervention that countered rising oil prices and Middle East tensions.
China, Hong Kong Stocks Climb as July Exports Beat Forecasts
Chinese and Hong Kong equities advanced Friday after July trade data beat expectations, led by a surge in semiconductor exports.
ICICI Bank, Axis Bank Return to Dollar Debt Market With $300 Million Each
ICICI Bank and Axis Bank are raising $300 million each via dollar bonds, their second offshore debt sale in under two months.
Global Markets Tread Water Ahead of Pivotal US Jobs Report
Markets are quiet ahead of the US jobs report, with rate hike odds near 50-50 and forecasts ranging widely from 10,000 to 140,000 jobs.
Thyssenkrupp shareholders vote on materials unit spinoff
Thyssenkrupp shareholders vote on spinning off 49% of materials trading unit tk accelis, its largest division by sales.
Hormuz traffic falls to 33 vessels as Iran-Oman talks watched
Vessel transits through the Strait of Hormuz fell to 33 this week from 50, as markets monitor Iran-Oman talks on reopening the waterway.
Britannia shares jump 4.3% as Q1 profit growth beats expectations
Britannia Industries shares rose 4.3% to ₹5,636 after Q1 profit jumped on strong volumes, marking the biggest intraday gain since May 2024.
Yuan Holds Near 3-1/2-Year High as July Exports Beat Forecasts
China's yuan stays near a 3-1/2-year high after July exports beat expectations, supporting the currency's sixth straight weekly gain.
China's July crude oil and soybean imports fall, iron ore rises
China's July crude oil and soybean imports fell year-on-year, while iron ore rose. Exports beat forecasts.
Parliamentary Panel Urges IRDAI to Speed Up Risk-Based Capital, GST Review
A parliamentary panel has asked IRDAI to fast-track the risk-based capital framework and urged the government to rationalise GST on insurance to improve affordability and penetration.
China's July Soybean Imports Dip 1.6% on Feed Demand Worries
China's July soybean imports fell 1.6% year-on-year to 11.48 million tonnes, pressured by lower feed demand expectations and a high base from last year's trade-war buying.
Indian Shares Open Lower as Financials Drag, Oil Climbs
Indian markets opened lower on Friday, dragged by financials and higher oil prices amid Strait of Hormuz concerns.
Copper Holds Near Six-Month High as Congo Export Ban Stirs Supply Worries
Copper prices hover near six-month highs after the DRC banned copper and cobalt concentrate exports, adding to an already tight market.
Centre–State Synergy Ushers in a New Era of Agriculture; Reform Agenda to Resonate from Jaipur
Under the guidance of Prime Minister Shri Narendra Modi and the leadership of Union Minister for Agriculture and Farmers’ Welfare Shri Shivraj Singh Chouhan, the Government of India is set to roll out a comprehensive nationwide series of region-wise Regional Conferences during April–May 2026.
MOU WITH PRIVATE COMPANIES
The Directorate General of Training (DGT), under the Ministry of Skill Development & Entrepreneurship (MSDE), signed a Flexi-MoU with Bajaj Auto Limited on 06thMarch 2026 to deliver industry-aligned training at its manufacturing facilities, providing trainees with hands-on experience and exposure to industry technologies.
Domestic value addition in electronics manufacturing has improved significantly over the years; currently at 18%-20%
India’s electronics manufacturing strategy is guided by the Hon’ble Prime Minister’s vision of AtmaNirbhar Bharat and making India a global manufacturing hub. The Government has adopted a targeted approach to develop the entire value chain- from finished products to components, sub-modules, base materials and capital equipment used in its manufacturing As a result of this approach, electronics manufacturing in India has expanded significantly in the last 11 years (Table 1
India to scale up critical mineral exploration and build strong domestic value chains to reduce import dependence and meet strategic needs: Dr. Jitendra Singh
“India is in the process of scaling up exploration of critical minerals, creating a startup-driven mining ecosystem and building strong domestic value chains to reduce import dependence,” said Union Minister Dr Jitendra Singh.
DPIIT signs MoU with a digital entertainment company to support startups and strengthen innovation ecosystem
In a significant step towards strengthening India’s startup and innovation ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with a digital entertainment company to support startups, innovators, and entrepreneurs across the country.