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BUSINESS

Gold Price Fall

Gold Prices Fall by Rs 646 to Rs 1.43 Lakh per 10 Grams Amid Weak Demand

Gold prices in India have declined by Rs 646 per 10 grams, bringing the rate to around Rs 1.43 lakh. Weak demand and falling prices in the international market have put pressure on the precious metal, offering potential relief to buyers.

India-EU FTA Progress Reviewed by Piyush Goyal, EU Trade Commissioner Sefcovic

Commerce and Industry Minister Piyush Goyal met EU Trade Commissioner Maros Sefcovic on the sidelines of the G20 Trade Ministers’ Meeting in Milwaukee to review progress towards the signing and entry into force of the India-EU free trade agreement. The two sides also discussed the Trade and Technology Council, WTO reforms and shared G20 priorities.

India Manufacturing PMI Rises to 7-Month High of 55.1 in September

India’s manufacturing sector strengthened in September, with the HSBC India Manufacturing PMI rising to a seven-month high of 55.1 from 52.8 in August. Stronger domestic and overseas demand boosted new orders, sales and factory output, while employment growth also resumed at its fastest pace since May.

India, Brazil Explore Deeper Defence, AI Cooperation; Embraer Investment Discussed

Brazil and India are exploring deeper cooperation in defence, artificial intelligence, skills development and emerging economic sectors, Brazilian Minister Marcio Elias Rosa said. Possible investment by aircraft maker Embraer in India was also discussed during his meeting with Commerce Minister Piyush Goyal on the sidelines of the G20 Trade Ministers’ Meeting.

India Draws Line on ‘Weaponisation of Food’ at G20 Trade Ministers’ Meet

India has called for a clear distinction between the ‘weaponisation of food’ and legitimate government measures aimed at protecting domestic food security at the G20 Trade Ministers’ Meeting in Milwaukee. Commerce and Industry Minister Piyush Goyal stressed that food should remain a source of security, stability and cooperation.

Small savings scheme interest rates unchanged for Oct-Dec quarter

The Finance Ministry has kept interest rates on small savings schemes unchanged for the October-December quarter of FY2026-27. PPF will continue to offer 7.1 per cent, Sukanya Samriddhi Yojana 8.2 per cent and NSC 7.7 per cent interest, providing stability to depositors.

SEBI chief says no proposal to allow NSE, BSE to trade their own shares

SEBI Chairman Tuhin Kanta Pandey said the market regulator is not currently considering any proposal to allow stock exchanges such as NSE and BSE to trade in their own shares. He also discussed bond indices, derivatives, FPI onboarding and listing compliance.

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