NLMC Board Recommends Monetisation Proposals Worth Over Rs 5,000 Crore
NLMC's board has recommended monetisation proposals involving surplus land and building assets worth more than Rs 5,000 crore.
Business
BoJ Has Room to Speed Up Rate Hikes as Price Pressures Build: Report
ICICI Bank Research says the Bank of Japan can accelerate its rate hike cycle, expecting a 25 bps hike in 2026 and more in 2027, taking the policy rate to 1.75%.
Bipasha Basu flags worms in Isopure protein powder; brand says pack under review
Actor Bipasha Basu alleged worms in a new Isopure protein powder pack; the brand says its quality team is checking the product's authenticity.
Petrol Dealers Threaten UPI Curbs Over Proposed MDR on Fuel Payments
Petrol pump dealers are pressing for a complete waiver of the proposed 0.4% MDR on UPI fuel payments and may stop accepting such transactions above Rs 2,000 from October 15.
Musk Projects AI Could Double US GDP Growth to 4% Next Year
Elon Musk expects AI to lift US GDP growth from about 2% to 4% next year, even as a brokerage flags rising funding hurdles for AI capital spending.
India-New Zealand FTA set to enter into force within a month, says McClay
New Zealand Trade Minister Todd McClay says the India-New Zealand FTA should enter into force within a month, with Indian exporters getting duty-free access from day one.
India-New Zealand FTA near implementation, could be a 'beacon' for global trade: McClay
New Zealand Trade Minister Todd McClay says the India-NZ FTA is close to implementation and can serve as a model for predictable global trade.
Buffett Steps Back: The Legacy of Patience in a Fast-Money World
Warren Buffett retired as Berkshire Hathaway chairman, ending a decades-long run defined by patient value investing and plain-spoken advice.
China's market regulator probes Meituan unit over unfair competition
China's market regulator is investigating a Meituan subsidiary and three other companies over suspected violations of unfair competition laws.
Paramount Weighs Sale of Cable Channels Including Comedy Central to Seal Warner Bros. Deal
Paramount has held talks about selling some cable channels, including Comedy Central, as it works to finalize its merger with Warner Bros.
Fuel prices hold steady across major Indian cities as dealers resist new UPI levy
Retail petrol and diesel prices were unchanged across major Indian cities on Saturday, even as fuel dealers pressed the government over a proposed UPI transaction fee.
Paramount Nears Settlement With States Over $110 Billion Warner Bros. Bid
Paramount and a dozen states suing to block its $110 billion Warner Bros. acquisition are in settlement talks that could conclude this weekend.
Gold Hallmarking Fee Jumps 67% as Festive Demand Builds
BIS has raised the gold hallmarking fee to ₹75 per article from ₹45, adding compliance costs for jewellers as festive and wedding demand picks up amid record gold prices.
Gold Edges Higher as Oil Slips, Dollar Stays Subdued; BOJ in Focus
Gold inched up on lower oil prices and a subdued dollar, while markets weighed Middle East risks, Fed tightening and a BOJ rate move.
Asian Stocks Climb as Oil Slips; Yen Steadies Before BOJ Rate Call
Asian equities advanced and Brent fell 1% as traders awaited a widely expected Bank of Japan rate hike, with the yen softening to 156.23 per dollar.
Miners Drive ASX Higher as RBA Flags Mounting Inflation Risks
Australian shares rose 0.3% on mining strength, while RBA Governor Michele Bullock warned inflation risks are building ahead of the central bank's September 29 meeting.
El Nino Pushes India Toward Driest Monsoon in 17 Years
India faces its driest monsoon in 17 years with rainfall 15% below normal, as a strengthening El Nino threatens crops and food inflation.
Nikkei gains 1% as tech shares rally ahead of BOJ rate call
Japan's Nikkei rose 1% to 64,786.86 as AI and chip stocks tracked a tech-led rally on Wall Street, with the BOJ's expected rate hike already priced in.
JGB Yields Slip for Third Session as Markets Await BOJ Rate Call
Japanese government bond yields declined for a third straight session as investors awaited the Bank of Japan's policy decision and Governor Kazuo Ueda's briefing.
Vietnam Braces for FTSE Emerging-Market Upgrade as Foreign Funds Return
Vietnam's expected FTSE Russell upgrade to secondary emerging market status has revived foreign buying, with an estimated $6 billion in inflows possible over the transition through 2027.