Business News Today — Markets & Economy
The latest business news today — markets, economy, companies and finance, summarized clearly and updated continuously on Plax.
In a policy switch, the Fed says its October 2027 meeting will not see a vote on interest rates
The Federal Reserve won't vote on a potential interest-rate change at its October 2027 meeting, a departure that is part of a broader initiative from Chairman Kevin Warsh aimed at reducing the central bank's market footprint. According to a…
CNBC · 12 Nov, 07:05 pmOil prices rise after Trump says no Iran deal needed: 'We've got their Strait'
U.S. oil prices rose Thursday, as comments from President Donald Trump stoked worries that an end to the U.S.-Iran war was not in sight. Brent crude traded 1.9% higher at $94.48 per barrel. West Texas Intermediate futures were up 2% at $88.…
CNBC · 12 Nov, 07:04 pmAI shouldn’t lead to educational inequality
Whether AI improves students’ ability to understand, reason and apply knowledge rests largely on bridging the digital divide
The Hindu Business · 12 Nov, 05:41 pmIndia’s coal production likely to hit record 1,090 million tonnes in 2026: World Bank
World Bank October 2026 outlook: China’s coal production may reach 1,350 mt in the current year
The Hindu Business · 12 Nov, 05:25 pmOutbound direct investment growth slows to 9.4% in H1
Higher base, along with a weaker currency and uncertainty in the global economy, makes Indian companies circumspect about overseas deals
The Hindu Business · 12 Nov, 05:21 pmIndia’s ECB fundraising more than doubles to $37.45 billion in H1FY27 as PSUs step up borrowing
Public sector borrowers accounted for a sizeable share of overseas fundraising, while private companies also tapped foreign lenders for large sums
The Hindu Business · 12 Nov, 05:19 pmTractor sales rise 3.1% in October; Mahindra leads with 23% market share
Sources say there is also a strong demand for tractors from non-agricultural industries like road construction and mining
The Hindu Business · 12 Nov, 05:18 pmIndia ETFs draw ₹35,120 crore in Q3 as large-cap, precious metals lead inflows
Technology and long-duration debt ETFs see redemptions even as the broader Asia-Pacific market returns to net inflows after two quarters of outflows
The Hindu Business · 12 Nov, 05:17 pmIndia overtakes Taiwan to become world’s fifth-largest stock market after $640-billion rebound
Foreign investor buying, stronger corporate earnings and falling crude prices have helped reverse months of pressure on Indian equities
The Hindu Business · 12 Nov, 05:16 pmModi urges farmers to diversify crops, adopt natural farming and reduce chemical use
Addressing an agriculture conference, the Prime Minister highlighted farm exports, fertiliser subsidies and agricultural growth while making a pitch for sustainable practices
The Hindu Business · 12 Nov, 05:13 pmAndhra Pradesh to ink MoUs for ₹10 lakh crore investments
On the first day of the inauguration on Thursday, the State government announced a few major investments, while others are lined up for Friday
The Hindu Business · 12 Nov, 05:08 pmSunil Mittal renews global ambitions, eyes overseas telecom acquisitions
Bharti’s next phase of bets in Satcom, AI infra, financial services and consumer durables
The Hindu Business · 12 Nov, 04:59 pmVodafone Idea Q2 loss widens to ₹5,975 crore on exceptional item; revenue rises 6%
Vodafone Idea recorded an exceptional loss of ₹462 crore during the quarter arising from the remeasurement of settlement assets
The Hindu Business · 12 Nov, 04:55 pmIndia’s pays record $6.4 billion to import Russian crude oil in October
Closure of Strait of Hormuz pushes up freight insurance costs
The Hindu Business · 12 Nov, 04:54 pmChina's Ministry of State Security thrust into the spotlight by Nvidia CEO affair
China's Ministry of State Security is getting attention after news of Nvidia CEO Jensen Huang's affair with an alleged MSS spy.
CNBC · 12 Nov, 07:28 amPrediction markets tied to clinical trials and drug approvals draw lawmakers' ire
Sens. Angela Alsobrooks and Ron Wyden are asking what steps the Department of Health and Human Services has taken to mitigate risks from the markets.
CNBC · 11 Nov, 07:16 pmFed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes
The consumer price index rose more than expected in October, raising alarm among Federal Reserve officials.
CNBC · 11 Nov, 04:49 pmAlibaba announces plans to list T-Head, its Nvidia chip rival
Alibaba noted it had already filed confidentially on Sept. 11 to list T-Head on the Hong Kong Stock Exchange.
CNBC · 11 Nov, 07:47 amFed Governor Waller sees December hike likely, opens door to possible half-point increase
The policymaker said he "is leaning toward" a rate increase in December and could support a half-point hike depending on inflation data.
CNBC · 10 Nov, 05:13 pmU.S. gas prices fall below $4 for the first time since July
Americans may finally find some relief at the pump.
CNBC · 10 Nov, 04:29 pmPolymarket says annualized revenue has topped $1.8 billion
Amid growth of its U.S. exchange, the prediction market platform’s current annual run-rate is $1.8 billion.
CNBC · 10 Nov, 01:00 pmJensen Huang exit odds are low on prediction markets after Nvidia probe
Prediction markets traders price relatively low odds that the Nvidia CEO will depart in the near term.
CNBC · 9 Nov, 06:46 pmGoldman CEO Solomon says AI financing remains strong despite market jitters
Goldman CEO David Solomon says investor appetite for AI infrastructure remains strong despite a reset in AI stocks and political uncertainty around data centers.
CNBC · 9 Nov, 06:14 pmWhy the prognosis for healthcare stocks is uncertain ahead of Congress’ new makeup
Healthcare stocks may struggle to find momentum as the Democrats get ready to take over Congress.
CNBC · 7 Nov, 04:02 pm