Business News: Economy & Markets

Situation resembles shutdown, traders unsure of festive sales: Bangalore Association chief seeks legal protection

IANS | October 15, 2026 6:48 PM

New Delhi, Oct 15 (IANS) As the Congress-led INDIA bloc protests disrupt local businesses in the national capital and have ripple effect on others across the country, threatening to affect sales particularly ahead of the festive season, a host of trade associations and bodies from various states, including Uttar Pradesh, Karnataka and Delhi, have made an impassioned appeal to the Leader of Opposition Rahul Gandhi and also sought intervention from Prime Minister Narendra Modi and the Chief Justice of India Surya Kant, to help mitigate their mounting losses by taking relevant safeguards.

'China’s economy choking under huge debt burden'

IANS | October 15, 2026 5:30 PM

New Delhi, Oct 15 (IANS) China’s debt burden has shot up in recent years, resulting in the country’s interest payments on borrowing surpassing even the high levels of the US economy, according to a media report.

Bangladesh spends $4.1 billion in additional costs amid global fuel shock as growth slows

IANS | October 15, 2026 5:23 PM

New Delhi, Oct 15 (IANS) Bangladesh’s new government has spent nearly $4.1 billion in additional costs, and is spending millions of dollars each month to insulate citizens from a global fuel shock, as growth slows and inflation rises, a new report has said.

India records increase in employment during Sep: NSO data

IANS | October 15, 2026 5:01 PM

New Delhi, Oct 15 (IANS) India registered an increase in both the overall Labour Force Participation Rate (LFPR) and Worker Population Ratio (WPR) in September this year over the same month of the previous year, reflecting a year-on-year rise in employment, figures released by the National Statistics Office (NSO) showed on Thursday.

Pakistan's cyber fraud losses hit 2.5 pc of GDP, highest in Asia: Report

IANS | October 15, 2026 4:55 PM

New Delhi, Oct 15 (IANS) Pakistan is facing some of the highest economic losses from cyber-enabled financial fraud in Asia with scams estimated to cost the country an amount equivalent to 2.5 per cent of gross domestic product (GDP), according to a report.

Factory closures and layoffs hit China’s textile sector over shrinking domestic demand

IANS | October 15, 2026 4:51 PM

New Delhi, Oct 15 (IANS) China’s once‑dominant textile industry is showing clear signs of strain as shrinking demand, factory closures and layoffs accelerate and production shifts increasingly overseas, a new report has said.

India's small home appliances market to hit Rs 20,000 crore by FY30: Report

IANS | October 15, 2026 4:34 PM

New Delhi, Oct 15 (IANS) India's small home appliances market is projected to hit Rs 20,000 crore by FY30, up from Rs 13,800 crore in FY25 -- growing at about 8 per cent annually -- with emerging categories leading the expansion, a report showed on Thursday.

Essar Oil & Gas expands CBM footprint with five new blocks across three states

IANS | October 15, 2026 4:19 PM

New Delhi, Oct 15 (IANS) Essar Oil & Gas Ltd. (formerly known as Essar Oil and Gas Exploration and Production Ltd. or EOGEPL), one of India’s leading Coal Bed Methane (CBM) producers, has been awarded five new CBM blocks through the Government of India’s Special CBM (SCBM) Bid Rounds 2025 and 2026.

Nepal, World Bank explore 'catastrophe bond' to protect against disaster risks

IANS | October 15, 2026 4:04 PM

Kathmandu, Oct 15 (IANS) Nepal and the International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, have signed a mandate agreement to explore the development of a catastrophe bond that could help the Himalayan nation secure rapid access to funds in the event of a major natural disaster.

Sensex surges 1,534 points, Nifty reclaims 23,000 as falling oil prices boost sentiment

IANS | October 15, 2026 4:01 PM

Mumbai, Oct 15 (IANS) The domestic benchmark equity indices ended sharply higher on Thursday as easing oil prices boosted investor sentiment and soothed concerns over sustained inflationary pressures.

Business

Situation resembles shutdown, traders unsure of festive sales: Bangalore Association chief seeks legal protection

'China’s economy choking under huge debt burden'

Bangladesh spends $4.1 billion in additional costs amid global fuel shock as growth slows

India records increase in employment during Sep: NSO data

Pakistan's cyber fraud losses hit 2.5 pc of GDP, highest in Asia: Report

Factory closures and layoffs hit China’s textile sector over shrinking domestic demand

India's small home appliances market to hit Rs 20,000 crore by FY30: Report

Essar Oil & Gas expands CBM footprint with five new blocks across three states

Nepal, World Bank explore 'catastrophe bond' to protect against disaster risks

Sensex surges 1,534 points, Nifty reclaims 23,000 as falling oil prices boost sentiment

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