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RBI moves closer to interest rate cut after global easing kicks off

Since last rate decision, official data showed economic growth moderated to 6.7 per cent in the April-June quarter, below the RBI's projection of 7.1 per cent, while signs show soft urban consumption

Will weigh Ukraine's Nato membership at some later point, says Harris

Biden administration has so far said such an invitation would be a longer-term proposition that would require Ukraine to shore up its defense capabilities

Following internal complaints in administration, Starmer replaces top aide

In an attempt to end the turbulence engulfing Britain's first Labour administration in 14 years, the prime minister on Sunday moved his chief of staff Sue Gray out of her role

Goldman upgrades call on Chinese stock on positive impact of stimulus blitz

Gauges tracking the nation's equities may rise another 15 per cent-20 per cent if authorities deliver on policy measures, strategists including Tim Moe wrote in a note dated Oct. 5

India's $20 billion investment deals pipeline lures funds to PE-held stakes

The majority of deals are priced at discounts of between 20 per cent to 25per cent of their net asset values, making them attractive for secondary buyers, said Amit Gupta, founding partner at TPG NewQ

Benjamin Netanyahu's Middle East transformation must begin at home

He needs to start offering hope, as well as showing power, starting with a plan for Palestinians

Boeing returns to resume talks after two weeks of strike stalemate

A federal mediator has summoned negotiators for Boeing and IAM District 751 back to a Seattle hotel on Monday

Bond bulls bet on RBI's dovish turn to extend rally amid policy shift

While interest-rate swaps are pricing a rate cut only in December, traders are girding for a possible shift in the RBI's stance to neutral

FTSE Russell Index revamp has S Korean, Indian bond markets on watch

FTSE Russell will on Oct. 8 announce any inclusions into benchmarks including its World Government Bond Index, which tracks $29 trillion of global fixed income

Oil moguls emerge as key cash source for Donald Trump as race nears its end

Oil executives and employees have grown in significance for Trump as his fundraising base has narrowed

Singapore ends 181 years of horse racing to make way for new homes

More than 120 hectares to be bulldozed for new homes to accommodate the growing Singaporean population that crossed 6 mn this year

Hon Hai revenue growth rises as AI server demand offset weak iPhone sales

Hon Hai's sales growth could accelerate in 2024-25 as the proliferation of AI emerges as the company's key growth engine and iPhone demand stabilizes

JPMorgan client who lost $50 million fortune amid dementia denied trial

A federal judge in Boston threw out a lawsuit filed by Peter Doelger, 87, and his wife, Yoon, accusing the firm of keeping him in an inappropriate investment

US elections: Harris to shore up Arab American, union voters in Michigan

Her success in Michigan depends on running up vote totals in its major cities and immediate suburbs, especially in and around Detroit

US President Biden discourages Israel from attacking Iran's oil fields

Biden, addressing reporters at the White House, acknowledged that Israel would respond in some fashion, as Netanyahu vowed to do soon after Iran fired about 200 missiles

Temasek in talks to pick minority stake in Haldiram's at $11 bn valuation

The Singapore state investor is holding preliminary talks to buy from 10 per cent to 15 per cent in Haldiram's

World Food Price Index registers biggest increase since March 2022

An index of food-commodity prices created by the United Nations' Food and Agriculture Organization rose to the highest level since August last year, according to data released

Meta unveils AI tool that can generate, edit videos based on text prompts

Meta's product, Movie Gen, can create a new video up to 16 seconds long based on a text prompt. It can also use such prompts to generate audio for or edit an existing video

BofA expects India's forex reserves to reach $745 billion in March 2026

RBI Governor Shaktikanta Das has repeatedly stressed the need to build a forex buffer to act as a shield during periods of market volatility

India, EU regulators in negotiations as October deadline on oversight looms

The Reserve Bank of India denied European Securities and Markets Authority's request to co-supervise Indian transactions, citing concerns over "extra-territorial reach"