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Trump, Xi Agree to Establish US-China AI Incident Communication Channel

US President Donald Trump and Chinese President Xi Jinping have agreed to establish a bilateral communication channel for Super Intelligence incidents and launch a US-China Super Intelligence dialogue. The leaders also discussed international waterways, Iran, energy supplies, trade, coal imports and critical minerals during their Washington summit.

SEBI Bars Omaxe, Promoters from Markets Over MPS Norms Violation

SEBI has restrained real estate developer Omaxe Ltd and promoter-linked entities from accessing the securities market over alleged violations of minimum public shareholding norms. The regulator said Omaxe and group entities routed Rs 46.5 crore through intermediary firms to finance purchases of Omaxe shares during two 2013 offer-for-sale tranches. SEBI imposed monetary penalties and barred Omaxe and key promoter-linked entities from dealing in securities for specified periods.

Nifty, Sensex Fall for 7th Week as High Crude, US Bond Yields Weigh on Markets

Indian equity benchmarks Nifty and Sensex ended lower for the seventh consecutive week, pressured by elevated crude oil prices, rising US bond yields and intensified FII selling. Nifty fell 0.88% during the week, while Sensex declined 0.54%. Brent crude remained above $105 per barrel amid geopolitical uncertainty, while the US 10-year Treasury yield crossed 5.10%. Analysts said the 23,000 level remains an immediate support for Nifty, with 23,200 acting as resistance.

Centre to Borrow Rs 7.86 Lakh Crore in Second Half of FY27, Total FY Borrowing at Rs 15.9 Lakh Crore

The Central government will borrow Rs 7.86 lakh crore through dated securities in the second half of FY27, taking its total planned borrowing for the financial year to Rs 15.9 lakh crore. The borrowing will include Rs 15,000 crore through Sovereign Green Bonds. Meanwhile, the fiscal deficit stood at Rs 4.55 lakh crore during April-July 2026, or 26.8% of the full-year target.

GI-Tagged Gulbarga Tur Dal Exported to Maldives, Karnataka Farmers Get 30% Higher Realisation

The government has facilitated the export of 1 metric tonne of Karnataka’s GI-tagged Gulbarga Tur Dal to the Maldives through APEDA. Farmers are expected to benefit from higher realisation of Rs 82 per kg compared with the prevailing market price of Rs 60 per kg, while FPOs gain greater access to international markets and export-oriented value chains.

NSE Shares Slip 0.56% After Listing, Trade Near Rs 1,808 on BSE

NSE shares slipped 0.56% to Rs 1,808 on the BSE on Friday, a day after the National Stock Exchange made its much-awaited market debut. The stock fell nearly 1.6% to an intraday low of Rs 1,790 amid profit-taking. NSE’s IPO was subscribed 5.71 times, while its post-listing market capitalisation stood at around Rs 4.49 lakh crore.

India’s Roads Sector Enters Execution-Focused Phase in FY27, States Emerge as Key Driver: Report

India’s roads sector is shifting towards execution and asset monetisation in FY27, with state-led capex expected to drive investment as highway awards moderate.

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