Business News: Economy & Markets

FSSAI suspends Creative Bakers' licence over hygiene lapses

IANS | October 4, 2026 4:22 PM

New Delhi, Oct 4 (IANS) The Food Safety and Standards Authority of India (FSSAI) on Sunday took enforcement action against two food businesses, suspending the licence of a West Bengal-based bakery manufacturer over serious hygiene violations and directing Everest Food Products Private Limited to recall a batch of cumin powder found to contain pesticide residues above permissible limits.

India's growth story remains strong despite global uncertainties: Experts

IANS | October 4, 2026 3:49 PM

New Delhi, Oct 4 (IANS) India’s economic growth remains impressive, but policymakers and businesses must stay vigilant against an increasingly uncertain global environment marked by geopolitical tensions, shifting trade dynamics and supply chain disruptions, leading economists and policy experts said on Sunday.

Sensex likely to find support at 71,000-71,200, Nifty may target 22,800: Analysts

IANS | October 4, 2026 3:12 PM

Mumbai, Oct 4 (IANS) The Indian equity market extended its corrective phase for the eighth consecutive week, with benchmark indices ending sharply lower amid sustained foreign fund outflows, rising crude oil prices and weak global cues.

AI is a game-changer, but fallout for job market needs deft handling

IANS | October 4, 2026 3:02 PM

New Delhi, Oct 4 (IANS) The rapid rise of artificial intelligence is seen as a game-changer, ushering in a new era with the technology’s potential for unprecedented productivity gains through automated customer service and advanced medical diagnostics, to generative AI systems capable of producing text, code, and images within seconds - but history suggests that technological revolutions do not always translate immediately into broad-based social prosperity.

Corruption acting as ‘hidden tax’ on development, burdening Bangladesh’s poor: Report

IANS | October 4, 2026 2:09 PM

New Delhi, Oct 4 (IANS) Corruption is emerging as one of the biggest hidden costs to Bangladesh’s development, increasing the burden on citizens, discouraging investment and weakening trust in public institutions, according to recent findings and analyses highlighted in a discussion on governance and economic growth, a report has said.

US firm offers to supply Ukrainian drones to Pakistan triggering regional security concerns

IANS | October 4, 2026 1:54 PM

New Delhi, Oct 4 (IANS) Powerus, an American defence company with close ties to the family of US President Donald Trump, shot into the limelight last week when it signed a memorandum of understanding (MoU) with the Pakistani Army and offered Islamabad access to Ukrainian drone technology which has serious implications for regional security.

China’s property bust exposes deep cracks in local government finances: Report

IANS | October 4, 2026 12:53 PM

New Delhi, Oct 4 (IANS) China’s prolonged property downturn has exposed deep vulnerabilities in a local government financing model that relied heavily on land sales and off-budget borrowing, with the resulting fiscal strain increasingly weighing on businesses, workers and economic growth, a report has said.

Market outlook: RBI policy stance, Q2 earnings, West Asia tensions key triggers next week

IANS | October 4, 2026 11:03 AM

Mumbai, Oct 4 (IANS) After a holiday-shortened week which saw benchmarks slip below a key psychological level as a worsening global backdrop overwhelmed domestic support, the Indian stock markets are geared up for the RBI policy decision and growth projections, along with the beginning of the Q2 earnings season.

IT sector likely to report another muted quarter amid global uncertainty

IANS | October 4, 2026 10:38 AM

New Delhi, Oct 4 (IANS) The Indian IT sector is likely to register another muted results (July-September period), in what is typically a seasonally strong quarter, as deal wins remain soft, client decision-making stays cautious, and discretionary spending stays curtailed amid macro uncertainty, according to analysts.

MPC meet: Economists expect RBI to begin rate-hiking cycle

IANS | October 4, 2026 9:38 AM

New Delhi, Oct 4 (IANS) As the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week, economists now expect the Central Bank to begin a rate-hiking cycle, bringing forward their earlier call for a December hike.

Business

FSSAI suspends Creative Bakers' licence over hygiene lapses

India's growth story remains strong despite global uncertainties: Experts

Sensex likely to find support at 71,000-71,200, Nifty may target 22,800: Analysts

AI is a game-changer, but fallout for job market needs deft handling

Corruption acting as ‘hidden tax’ on development, burdening Bangladesh’s poor: Report

US firm offers to supply Ukrainian drones to Pakistan triggering regional security concerns

China’s property bust exposes deep cracks in local government finances: Report

Market outlook: RBI policy stance, Q2 earnings, West Asia tensions key triggers next week

IT sector likely to report another muted quarter amid global uncertainty

MPC meet: Economists expect RBI to begin rate-hiking cycle

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