Follow the latest finance news, market trends, economic developments, policy updates, and business insights shaping global and national economies.
FinanceU.S. weekly jobless claims edged higher in the latest data, but economists say the labor market remains stable. Low layoffs, cautious hiring and easing inflation point to a cooling but resilient U.S. jobs environment heading into early 2026.
FinanceThe Trump global tariff rate hike lifts temporary import duties to 15% after a Supreme Court ruling blocked broader tariffs, intensifying trade uncertainty and raising questions about legal authority, import costs and global trade relations.
FinanceThe Trump global tariffs ruling limits presidential authority after the US Supreme Court struck down sweeping import duties imposed under emergency powers, reshaping trade policy, lowering import costs and altering trade relations with major partners including China, the EU, Canada and India.
FinanceThe AI Viksit Bharat impact could help India accelerate growth and productivity, IMF Managing Director Kristalina Georgieva said. While AI offers major economic upside, she cautioned that job disruption risks must be managed through inclusive and forward-looking public policy.
FinanceIndia aims to begin domestic production of rare-earth permanent magnets by year-end. The government approved a ₹7,280 crore scheme to build 6,000 MTPA of integrated capacity, set up four processing plants and create coastal rare-earth corridors to boost manufacturing and strategic self-reliance.
FinanceIndian equity markets turned volatile as IT stocks faced renewed selling on fears of AI-led disruption to traditional services models. At the same time, weakness in services and consumer durables stocks dragged benchmarks, raising concerns about broader market stability after a firm start.
FinanceNvidia has urged India to significantly increase investment in AI infrastructure beyond the current $1.2 billion. It said the Union Budget’s 20-year data center tax holiday offers a major opportunity to build stronger AI computing capacity and compete with global markets.
FinanceThe Reserve Bank of India has overhauled external commercial borrowing norms. The changes raise borrowing caps, relax pricing and end-use restrictions, and expand eligible borrowers. As a result, Indian companies could raise up to $100 billion in overseas loans in 2026-27.
FinanceThe Reserve Bank of India has deferred the introduction of a unique transaction identifier for over-the-counter derivatives until January 2027. The move follows industry feedback and aims to give market participants more time to upgrade systems and align reporting processes.
FinanceGoogle has announced the U.S.-India subsea cable initiative, part of its global infrastructure push to enhance digital and AI connectivity. The project will create new international subsea paths, bolster network resilience and establish Visakhapatnam as a major subsea gateway linking India with the United States and other regions.
FinanceThe United States and Japan have started deployment of a $550 billion investment pact with three major U.S. projects valued at $36 billion in energy and industrial capacity. The deal includes tariff reductions, strategic industrial goals and cooperation across energy, minerals and manufacturing sectors.
FinanceIndia plans a $217 billion artificial intelligence push focused on sovereign AI models, expanded GPU capacity and responsible deployment. IT minister Ashwini Vaishnaw said the initiative aims to strengthen strategic autonomy and scale AI adoption across governance, defence and public services.