Passenger vehicle retail sales set for 15-16% growth in September
Passenger vehicle retail sales are expected to rise 15-16% in September on steady demand, even as automakers take selective price hikes to offset input costs.
Business
NTPC and EDF sign 50:50 joint venture for low-carbon energy projects
NTPC Limited and EDF Power Solutions India have formed a 50:50 joint venture to build and operate low-carbon energy infrastructure, including pumped storage and hydro projects.
India-New Zealand FTA to take effect on 20 October as forecasters lift growth outlook
India and New Zealand have finalised a free-trade agreement effective 20 October, even as global agencies raise India's FY27 growth forecasts and banks brace for higher cash use.
TikTok Settles Alabama Teen Safety Case, Agrees to Usage Limits
Alabama settles with TikTok and ByteDance over teen safety claims, securing usage limits and at least $100 million, with the payout contingent on other states joining.
Wheat set for fourth weekly loss as Black Sea export hopes, firm dollar weigh
Chicago wheat fell to a one-month low and headed for a fourth straight weekly decline, pressured by hopes for renewed Black Sea exports and a stronger dollar.
Oil prices slip as traders weigh Iran truce talks and Houthi strikes
Crude prices edged lower as markets balanced hopes of a US-Iran truce against continued Houthi attacks on Saudi oil infrastructure.
Gold Set for Weekly Loss as Dollar Strengthens and Fed Signals Higher Rates
Gold eased on Friday and is headed for a weekly decline of more than 2%, pressured by a firmer dollar and expectations of prolonged elevated US interest rates.
Kobayashi Pharmaceutical Weighs Take-Private Proposal From NSSK, CVC Affiliates
Kobayashi Pharmaceutical has received a preliminary, non-binding joint take-private proposal from entities tied to NSSK and CVC Capital Partners.
NLMC Briefs Bidders in Visakhapatnam Ahead of RINL Land E-Auction
NLMC held an investor meet in Visakhapatnam to brief bidders on the e-auction of 459 RINL land parcels, with more meets planned in Vijayawada and Hyderabad.
OpenAI to Roll Out ChatGPT Ads Across Six Southeast Asian Nations and Taiwan
OpenAI has said ChatGPT advertisements will begin rolling out across Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam and Taiwan.
Boeing's China Hopes Narrow to Salvaging 200-Jet Deal at Summit
Boeing is prioritising completion of May's 200-jet China deal over a new large order as a Trump-Xi summit looms, sources say.
India Slashes Edible Oil Import Duties Ahead of Festive Season
India has cut basic import duties on crude and refined palm, soy and sunflower oils to ease domestic prices before the September-November festive season.
Indian Recyclers Seek Government Help Over EU Metal Scrap Import Ban
Indian recyclers have asked the government to intervene after the European Commission proposed barring India from importing EU metal waste from May 2027.
Dollar Holds Two-Month High as Strong PMI Revives Inflation and Rate-Hike Bets
The dollar stayed near a two-month high after strong US manufacturing data and a poorly received Treasury auction reignited inflation fears and rate-hike expectations.
Japan's 10-Year Bond Yield Hits 30-Year High as Asian Markets Trade Mixed
Japan's 10-year government bond yield climbed to 3.06%, its highest since 1996, as Asian equities traded mixed amid a global bond sell-off and geopolitical uncertainty.
NSE Set for Modest Debut Gains as Derivatives Slowdown Weighs
NSE's $2.3 billion IPO lists Thursday with modest expected gains as slowing derivatives activity clouds its earnings outlook.
Japan's 10-year bond yield climbs to 30-year peak as US Treasuries sell off
Japan's 10-year government bond yield hit a 30-year high of 3.055% after a sharp overnight jump in US Treasury yields and a weaker yen stoked inflation concerns.
China's livestream shopping enters slower, AI-shaped phase, says 'Lipstick King' Li Jiaqi
Li Jiaqi says China's livestream shopping has entered a stable phase, while AI hosts cut costs and regulators tighten rules.
Gold slips as rate outlook and firm dollar weigh on sentiment
Gold eased as investors weighed prolonged high interest rates and a firm dollar, with Middle East risks and central bank buying in focus.
Asian Stocks Climb on AI Demand as Oil Slips and Dollar Holds Firm
Asian equities rose for a sixth straight session on AI-driven tech demand, oil eased on reports of higher Saudi supply, and the dollar stayed firm as Fed officials backed recent tightening.