Bessent to Raise AI, Rare Earths and Trade in Weekend Talks with China's He
US Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng in New York this weekend to discuss AI, trade, rare earths and economic issues.
Economy
All 50 States Sign On to Trump's Medicaid Most-Favored-Nation Drug Pricing Plan
Every US state, along with DC and Puerto Rico, has joined the administration's most-favored-nation pricing model for Medicaid, with projected savings of $64 billion over ten years.
Chouhan asks southern states to tap horticulture and export potential
Union Agriculture Minister Shivraj Singh Chouhan urged southern states to leverage horticulture and export opportunities through region-specific planning and Centre-State cooperation.
Venezuela Talks Weigh Moving $4 Billion in Gold From UK to US
Venezuela's acting government and an opposition faction are nearing a deal to shift about $4 billion in gold from the Bank of England to the United States.
SEMICON India 2026 Day 2: 25 Deals Across Chip Value Chain, Vaishnaw Flags Global Interest
Day 2 of SEMICON India 2026 saw 25 announcements and MoUs across the semiconductor value chain, with the government pointing to rising global participation and investment interest.
Russia's Crude Flow to India Slows as Moscow Turns to Delhi for Fuel
Russian crude shipments to India dropped sharply in August, while Moscow sought gasoline from New Delhi as Ukrainian strikes disrupted its refineries.
Kerala traders' forum calls for statewide UPI boycott on October 15
Kerala Vyapari Vyavasayi Ekopana Samithi will boycott UPI transactions statewide on October 15 against the Centre's reported plan to impose charges on digital payments.
Karnataka High Court Quashes 2% Cinema Cess Notices, Relief for Exhibitors
Karnataka HC quashes notices mandating a 2% cess on cinema tickets, holding the levy lacked jurisdiction since the 2024 welfare Act was not notified.
Congress Rebuts Finance Panel Chief's Claim of Opposition Backing for UPI MDR
Congress MPs dispute Bhartruhari Mahtab's assertion that Opposition members endorsed a panel recommendation to explore a merchant discount rate on high-value UPI transactions.
Mexico Pushes for Trade Deal With US Before Midterm Elections
Mexican President Claudia Sheinbaum says her government is working to secure a trade deal with the US soon, following a positive call with Donald Trump.
Telangana Assembly Passes Resolution Seeking ₹20,000 Crore El Nino Relief Package
Telangana Assembly adopts a resolution seeking a ₹20,000 crore Central relief package, a national calamity declaration for El Nino-driven drought and a higher FRBM borrowing limit.
SCR Pushes ₹50,000-Crore Railway Pipeline Across Telangana, Karnataka and Maharashtra
South Central Railway has railway projects worth about ₹50,000 crore under appraisal, approval or sanction, spanning Telangana, Karnataka and Maharashtra.
Macron Says Russian Hybrid Attacks on Europe Are Intensifying
Macron says Russian hybrid attacks on Europe and France are intensifying, orders protection plan for critical infrastructure, and announces a G7 meeting.
US Auto Coalition Urges Trump to Bar Chinese Carmakers Ahead of Xi Talks
Automaker, supplier and dealer groups asked Trump to keep Chinese car companies from selling, importing or building vehicles in the US.
Virginia to Ban NDAs and Tighten Permits for Data Centers
Virginia plans to ban non-disclosure agreements, tighten permitting and impose clean energy mandates on data centers, Governor Abigail Spanberger said.
Cho and Rubio Meet as South Korea Navigates Investment Delays and Middle East Role
South Korea's foreign minister met Marco Rubio as the allies work through delayed investment agreements and discuss Seoul's possible role in Middle East security.
Mozambique Eyes New IMF Loan Programme After Mission Ends
Mozambique's finance ministry said an IMF mission had concluded and voiced hope it would lead to a new support programme, with talks likely to focus on reforms and debt.
France's Bond Risk Premium Tops 100 Basis Points for First Time Since 2012
France's 10-year borrowing premium over Germany crossed 100 basis points for the first time since 2012, as budget and political risks weigh on investor sentiment.
Fed Official Blames 'Risk Aversion' for SVB Oversight Gaps
Fed Vice Chair for Supervision Michelle Bowman says a culture of risk aversion, not relaxed rules, hindered oversight before Silicon Valley Bank's collapse.
China Warns EU Over Hybrid Vehicle Export Limits, Vows to Protect Its Firms
China says it will monitor EU actions on its EV industry and opposes voluntary export limits on hybrid vehicles.