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Caution sets in: Equities fall, gold hits record amid US shutdown fears

MSCI's broadest index of Asia-Pacific shares outside Japan, however, rose almost 0.5 per cent, poised for a gain of over 5 per cent this month

IPO-bound EV startup Simple Energy plans aggressive expansion by 2029

Bengaluru-headquartered Simple Energy, founded in 2019, opened its first showroom last year and now operates 53 outlets across the country

Trump visa curbs push US firms to consider shifting more work to India

Trends such as growing adoption of artificial intelligence and increasing curbs on visas are pushing US firms to redraw labour strategies

RBI raises overseas perpetual debt ceiling to strengthen bank capital

Perpetual debt issued in foreign currency or in Indian rupees overseas will be eligible for inclusion in banks' additional tier-1 capital of up to 1.5 per cent of risk weighted assets

Asian shares rise, gold climbs amid US govt shutdown concerns; crude falls

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 per cent in early trading, poised for a 5.6 per cent gain this month that would be the best in a year

India to sell new 10-year government bond on October 3 to raise $3.6 bn

The current benchmark 6.33 per cent 2035 bond has an outstanding of 1.8 trillion rupees

Sebi bars Man Industries, top executives for 2 yrs over 'fund diversion'

The regulator found the company failed to consolidate its unit, Merino Shelters, in its financials between fiscal years 2015 and 2021

Electronic Arts to go private in record $55 billion leveraged buyout

The deal would rank as one of the largest leveraged buyouts in history, surpassing 2007's buyout of TXU Energy and other major buyouts of that decade including Toys 'R' Us and Hertz

Moldova's pro-EU party wins pivotal election in setback for Russia

"This is not just a party's victory" it is Moldova's victory. The European path is our way forward," Sandu said on X

Trump meets Israel's Netanyahu for pivotal talks on Gaza peace proposal

Washington presented a 21-point peace plan to Arab and Muslim states on the sidelines of the U.N. General Assembly last week

First Brands files for bankruptcy protection with liabilities over $10 bn

The high-profile collapse of First Brands has raised questions among investors about potential ripple effects across the automotive parts industry

TotalEnergies cuts capex, unveils savings plan amid investor debt worries

The reduction in capex, to around $15-17 billion annually between 2027 and 2030, is part of a drive to save $7.5 billion

US indices rise as investors look past hawkish talk, await shutdown clarity

The Dow Jones Industrial Average rose 59.0 points, or 0.13%, at the open to 46,306.34. The S&P 500 rose 17.9 points, or 0.27%, to 6,661.58

Musk's X 'deeply concerned' by HC content takedown order, plans appeal

X owner Elon Musk, a free-speech absolutist, has often clashed with authorities, but the firm's India lawsuit challenges the very foundation of the country's tightened internet regulation

HUL pares losses on hopes demand will recover as prices stabilise

Hindustan Unilever said on Friday that the tax reforms led to a temporary hit to sales in September

Asian markets edge higher as investors eye possible US govt shutdown

MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.4 per cent, to be up almost 4 per cent for the month

Volkswagen Group to overhaul India business amid tax dispute, competition

Volkswagen India has hired external experts to review systems and processes, Skoda Auto VW India chief Piyush Arora said in a September 8 employee memo

US mulls supplying long-range Tomahawk missiles to Ukraine, says JD Vance

Tomahawk missiles have a range of 2,500 km (1,550 miles), and would be a powerful asset in Ukraine's arsenal as it fights back against regular barrages of Russian missile and drone attacks

South Korea, US reach agreement over foreign exchange deal, says Seoul

South Korean President Lee Jae Myung told US Treasury Secretary Scott Bessent in New York that the Asian country needs a foreign exchange swap in order to make the $350 bn investment

Investors look to jobs data to support rate-cut path, pricey US stock mkt

The jobs data will help show whether the labor market is "simply experiencing a soft patch," said Mark Luschini, chief investment strategist at Janney Montgomery Scott