France is grappling with severe economic challenges, marked by soaring public debt nearing 122% of GDP. With government expenditure exceeding 57% of the nation's economic output, the forecast of just a 0.4% growth raises concerns over financial stability. Protests centered on the rising cost of living showcase deeper political fractures. As the presidential succession nears, the economy stands as a pivotal issue for the electorate.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/eyPkcrQ
The US Federal Reserve is expected to keep interest rates unchanged in its upcoming meeting next week. Analysts suggest this decision comes despite ongoing inflation pressures and looming midterm elections. The Federal Reserve has struggled to meet its long-term inflation target due to rising prices affecting multiple sectors. Heightened energy costs after global conflicts are contributing significantly to inflation pressures.
In Q2 FY27, IDFC First Bank showcased an impressive profit surge of 196.5 percent year-on-year, reaching Rs 1,045 crore. The bank's robust core operating performance is highlighted by a 21 percent rise in net interest income. Additionally, total loan assets expanded by 30.1 percent, showcasing substantial business growth. With gross non-performing assets reduced to 1.32 percent, management credits this achievement to effective deposit strategies and anticipated liquidity advantages.
Talking to reporters during his visit to Germany and The Netherlands with a delegation of Indian businesses and startups to explore opportunities in trade, investment and industrial cooperation, Goyal said German companies had publicly announced investments worth $7.4 billion in India with some of these already materialising. He said India could also emerge as an important export base for automobiles.
Google Cloud executives Chris Betz, chief information security officer, and Raluca Ada Popa, head of Gemini Security at Google DeepMind, said PHP and cybersecurity firm Wiz Research disclosed the two vulnerabilities after research that used multiple AI models to identify and help remediate them. Google Cloud said its own infrastructure was not vulnerable, but warned that customers running PHP applications on the platform could be exposed
Maruti Suzuki, Hyundai Motor India and Tata Motors Passenger Vehicles — among the country’s top players, together accounting for two-thirds of PV sales — have reported strong bookings and deliveries during Navratri, raising hopes that demand will hold up through Diwali. However, FADA reported a 22% year-on-year decline in PV retail sales during Navratri to 1,82,728 units from 2,34,004 units in 2025.
Leading hospitality consulting firm Hotelivate’s recently released trends & opportunities report for 2026 shows average revenue per available room (RevPAR) for Delhi at Rs 9,811; Mumbai Rs 9,761; Ranthambore Rs 9,649 and Rishikesh Rs 9,583 in FY 2025-26. In the previous fiscal, the top four positions were Ranthambore (Rs 0,059), Rishikesh (Rs 9,493), Mumbai (Rs 9,458) and Delhi (Rs 8,846).
Wall Street's primary indices saw an uptick, primarily driven by healthcare stocks reaching all-time highs amid falling oil prices. Investors are scrutinizing corporate earnings, with increasing worries about artificial intelligence expenditure impacting market stability. Significant advances from companies like Eli Lilly and Equifax boosted overall market performance. Nevertheless, General Motors and Steel Dynamics struggled with elevated costs and missed profit expectations.
Scott Bessent has criticized European nations for refusing to impose tariffs on India and China, which purchase Russian oil. He highlighted that the US has approached its allies to coordinate actions against energy purchases from Russia. Bessent emphasized the need for the US to reassess its strategy regarding sanctions and tariffs, especially with respect to energy supplies.
A woman, who originally hails from Beawar, and now resides in Dubai, United Arab Emirates (UAE), decided to put money into investments in India. She along with her husband invested Rs 3.41 crore in two Foreign Currency Non-Resident (FCNR) term deposits. The husband’s name appeared as the first holder of both deposits, with the woman listed as the second holder.
DP World CEO: Port Congestion, Container Shortage Are Adding To West Asia Woes
India's overall balance of payments showed a surplus of $45.4 billion in August 2026. This significant surplus is attributed to an increase in foreign currency inflows, especially from non-resident Indian deposits. The current account deficit also narrowed slightly to $5.2 billion during the same month. Foreign direct investment improved, with net inflows of $3.3 billion recorded.