Chief Economic Advisor V Anantha Nageswaran has emphasised the need for long-term savings to ensure financial security as India’s elderly population expands in the coming decades. Speaking at the ‘NPS Diwas Conference on Inclusive Pensions, Innovative Solutions: Strengthening Retirement Security in India,’ he said as quoted ANI, “We have enormous responsibility towards the population at…
The US manufacturing sector contracted for the seventh consecutive month in September, although the pace of decline eased slightly as production and demand showed marginal improvement.The Institute for Supply Management’s (ISM) manufacturing index rose to 49.1 in September from 48.7 in August. The figure remained below the 50-point mark that separates expansion from contraction, AFP…
Donald Trump and Lisa Cook (Images/Agencies) The US Supreme Court on Wednesday barred President Donald Trump from immediately removing Federal Reserve Governor Lisa Cook, ensuring she will remain in her post until the court hears arguments on the case in January 2026.In a brief order, the court said they had “deferred” the administration’s request, leaving…
US stocks drifted on Wednesday as fresh signs of weakness in the job market stoked caution among investors. The S&P 500 fell 0.3% in early trading, though it remained near last week’s record high. The Dow Jones Industrial Average declined 51 points, or 0.1%, while the Nasdaq composite dropped 0.4%, AP reported.Treasury yields fell sharply…
The Union Cabinet on Wednesday approved the widening of the 85.675 km Kaliabor-Numaligarh section of NH-715 in Assam into a four-lane highway at a total capital cost of Rs 6,957 crore, according to an official statement. The project will be executed on engineering, procurement, and construction (EPC) mode.The upgrade aims to improve connectivity across Assam…
The Union Cabinet on Wednesday approved a 6.59 per cent increase in the minimum support price (MSP) for wheat, raising it by Rs 160 per quintal to Rs 2,585 for the 2026-27 marketing year. The decision was taken in a meeting chaired by Prime Minister Narendra Modi.Last year, wheat MSP was fixed at Rs 2,425…
October 2025 bank holidays October 2025 bank holidays: Banks across the country will be closed for several days in October with the festive season beginning at the end of September. These holidays will be apart from the Sunday and second and fourth Saturday closures. Banks operate on first, third and fifth Saturdays, except when specified…
India’s richest people: Mukesh Ambani and Gautam Adani Mukesh Ambani and his family have beaten Gautam Adani to become India’s richest, according to the latest M3M Hurun India Rich List 2025. With a wealth of Rs 9.55 lakh crore, Ambani has reclaimed the top spot, while Adani family stands second with a wealth of Rs…
Stock markets closed on October 2: Indian stock markets, including the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), will remain closed on Wednesday, October 2, in observance of Gandhi Jayanti and Dussehra.No trading will take place across equity, derivatives, or securities lending and borrowing (SLB) segments on this day. However, trading in currency…
Sanjay Malhotra’s remarks assume significance at a time when the Donald Trump administration has imposed 50% tariffs on Indian exports. (AI image) RBI governor Sanjay Malhotra on Wednesday flagged trade and tariff related risks to India’s growth story, while expressing confidence about the resilience of the economy. In his monetary policy review statement, RBI governor…