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Posted in Economy

BRICS weighs Russia’s grain exchange plan; digital platform for farm produce trade mooted

BRICS members are exploring a plan backed by Russian President Vladimir Putin to establish a grain exchange that could potentially end the “hegemony” of certain…

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S&P 500 falls as bond yields hit multi-decade highs. (AP/Yuki Iwamura)
Posted in Business

Why did the S&P 500 fall today? Bond yields, oil prices and Iran tensions explained

The S&P 500 fell on Tuesday as government bond yields rose sharply. The rise in yields increased fears about higher inflation and borrowing costs. The…

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India's outward FDI jumps 17% to $5.7 billion in July: RBI
Posted in Economy

India’s outward FDI jumps 17% to $5.7 billion in July: RBI

Mumbai: Outward foreign direct investment (FDI) from India increased 17% year-on-year to $5.70 billion in July from $4.88 billion a year ago, provisional data released…

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Posted in Economy

Govt organises awareness session on EU CBAM for exporters

New Delhi: The commerce and industry ministry Tuesday organised an awareness session for exporters on the EU’s Carbon Border Adjustment Mechanism (CBAM) regulations. The technical…

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FM Urges PSBs to Sharpen Youth Outreach, Build Ahead of Demand
Posted in Economy

Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demand

New Delhi: Finance minister Nirmala Sitharaman on Tuesday urged public sector banks (PSBs) to develop strategies to attract the youth based on their products, regional…

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Ready-Made Food Prices likely to Stay High as Input, Packaging Costs Mount
Posted in Economy

Ready-made food prices may stay high as input, packaging costs rise

New Delhi: Prices of ready-made food products such as savouries, sweets, and snacks are likely to remain elevated, as higher input and packaging expenses and…

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Posted in Economy

Commerce minister Piyush Goyal invites Japanese companies to deepen investments in India

New Delhi: Commerce and industry minister Piyush Goyal Tuesday invited Japanese businesses to deepen investments and partnerships in India and said that he will undertake…

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Anthropic IPO could challenge SpaceX for the biggest IPO of 2026 as revenue nears $65 billion and its valuation reaches about $1 trillion. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Anthropic IPO could beat SpaceX for biggest IPO of 2026 as revenue nears $65 billion

Anthropic is not a public company yet, but investors are already betting on its IPO. Prediction markets show growing expectations that the AI company could…

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Posted in Economy

Rupee, price tailwinds for Indian exporters may fade in H2FY27: Nuvama

New Delhi [India]: Indian exporters could see some of the revenue tailwinds from rupee depreciation and elevated prices fade in the second half of FY27,…

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State Farm is sending a $5 billion dividend to eligible auto policyholders. (Pexel/Representative image) (Pexel)
Posted in Business

State Farm $5 billion dividend: Who is eligible to get up to 10% of 2025 premiums?

State Farm has started sending out a massive $5 billion cash dividend to eligible auto insurance customers. Millions of policyholders have already received the money,…

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