Business

September 7, 2026 5:51 PM

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Asian markets up, European indices show mixed trends

In Asian markets today, South Korea's Kospi surged 4.6 per cent, while Japan's Nikkei 225 gained 2.1 per cent.    In European markets, Germany's DAX was trading 0.4 per cent down, while London's FTSE 100 added 0.1 per cent, when reports last came in.   Meanwhile, stock markets in the United States w...

September 5, 2026 10:35 AM

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India’s Forex reserves reached a record high of over 740bn US dollars last week

India’s foreign exchange reserves surged by 11.4 billion US dollars to a record high of 740.8 billion dollars during the week ended 28th of last month. According to the Reserve Bank of India data, Foreign currency assets, the largest component of the reserves, increased by 9.3 billion US dollars to ...

September 4, 2026 6:05 PM

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US markets end higher amid Fed Governor’s assurance

  Wall Street ended higher yesterday, after Federal Reserve Governor Christopher Waller said he would be inclined to support holding rates steady barring any surprises in upcoming inflation data. Among the major indices, the Nasdaq Composite surged 1.4 per cent the Dow Jones Industrial Average rose ...

September 4, 2026 11:29 AM

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Goa Government to launch ‘Goa Ujjwala Scheme’ on Sept 5

The Goa Government will launch the ‘Goa Ujjwala Scheme’ on September 5, providing financial assistance equivalent to the cost of three domestic LPG cylinders every year to eligible household LPG and PNG consumers. Chief Minister Dr. Pramod Sawant said ₹3,000 will be directly transferred into benefic...

September 4, 2026 11:10 AM

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US defence giant GE Aerospace delivers fresh batch of 3 F404-IN20 engines to HAL

US defence giant GE Aerospace has delivered a fresh batch of three F404-IN20 engines to Hindustan Aeronautics Limited (HAL), providing a crucial boost to the country's domestic Tejas Mk1A fighter jet programme. The F404 engines are being supplied under a 2021 contract between HAL and GE Aerospace fo...

September 3, 2026 5:27 PM

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PMI Business Activity Index rises to 54.1 in August

  India’s services sector strengthened in August, supported by resilient export demand, while employment reached a 15-month high. The seasonally adjusted HSBC India Services Purchasing Managers' Index (PMI) Business Activity Index rose to 54.1 in August, up from 53.3 in July. Despite the acceleratio...