Business News: Economy & Markets

China goes for gold amid rising geopolitical tensions: Report

IANS | October 19, 2026 2:28 PM

New Delhi, Oct 19 (IANS) China has stepped up purchases of gold as a safe haven asset amid rising geopolitical tensions. The People’s Bank of China (PBOC) reportedly added 23 tonnes of gold in September 2026, its largest monthly purchase in nearly three years, extending its buying streak to 23 consecutive months. China’s reported holdings of gold have now risen to approximately 2,410 tonnes, according to an article in Nile Post.

Pakistan among top 10 countries hit by global food crisis: Report

IANS | October 19, 2026 2:01 PM

New Delhi, Oct 19 (IANS) Pakistan is among the ten countries carrying the largest share of the global food crisis, a report has said.

Foreign banks investing more in India amid higher entry barriers in China: Report

IANS | October 19, 2026 1:53 PM

New Delhi, Oct 19 (IANS) Foreign banks are finding it easier to expand in India through acquisitions and partnerships, compared with China where high capital requirements and intense competition constitute obstacles to their growth, according to an article in the Asian Banking & Finance news website.

India's semiconductor future taking shape with 12 approved projects, Rs 1.64 lakh crore investment: Amitabh Kant

IANS | October 19, 2026 1:29 PM

New Delhi, Oct 19 (IANS) India's semiconductor ecosystem is steadily taking shape with 12 approved projects across six states, backed by more than Rs 1.64 lakh crore in committed investments, former NITI Aayog CEO and G20 Sherpa Amitabh Kant said on Monday.

India holds over 100 GW of pumped storage capacity in pipeline to shore up renewables

IANS | October 19, 2026 1:29 PM

New Delhi, Oct 19 (IANS) India is rapidly expanding pumped storage capacity with projects totalling 100.81 gigawatts (GW) envisaged for commissioning by 2035–36, an official factsheet said on Monday.

Why India-Bangladesh ties must focus more on Bay of Bengal link

IANS | October 19, 2026 1:23 PM

New Delhi, Oct 19 (IANS) Bangladesh shares a large border with India, across which issues such as smuggling, trafficking, irregular migration and other forms of organised crime require serious attention. However, the two countries also share a maritime link because of their proximity to the Bay of Bengal, according to a new report.

Govt, AcSIR sign MoU for joint doctoral programmes in earth sciences

IANS | October 19, 2026 12:46 PM

New Delhi, Oct 19 (IANS) Ministry of Earth Sciences (MoES) and the Academy of Scientific and Innovative Research (AcSIR) entered into a Memorandum of Understanding (MoU) here, recognising all ten MoES research institutes as AcSIR Associated Research Institutes and paving the way for joint doctoral programmes, an official statement said on Monday.

Govt asks Meta to review Facebook and Instagram recommendation systems

IANS | October 19, 2026 12:13 PM

New Delhi, Oct 19 (IANS) The Ministry of Electronics and Information Technology (MeitY) has asked technology giant firm Meta to review the content recommendation and ranking systems that power Facebook and Instagram, stepping up regulatory scrutiny of how social media algorithms amplify information in India, according to multiple reports.

Nifty likely to reach 25,000 level by December amid geopolitical tensions

IANS | October 19, 2026 12:06 PM

New Delhi, Oct 19 (IANS) Indian market benchmark Nifty 50 is likely to touch 25,000 in December 2026 down from the previous 26,000 target, a report said on Monday, adding that reduction in long-term capital gains (LTCG) alone cannot trigger sustained foreign institutional investor (FII) inflows.

Very close to finalising trade deal with India, says Marco Rubio

IANS | October 19, 2026 11:43 AM

New Delhi, Oct 19 (IANS) The United States is very close to finalising a trade deal with India, Secretary of State Marco Rubio said on Monday, linking energy waivers and sanctions policy to broader trade considerations ahead of his visit to the country on Tuesday.

business

China goes for gold amid rising geopolitical tensions: Report

Pakistan among top 10 countries hit by global food crisis: Report

Foreign banks investing more in India amid higher entry barriers in China: Report

India's semiconductor future taking shape with 12 approved projects, Rs 1.64 lakh crore investment: Amitabh Kant

India holds over 100 GW of pumped storage capacity in pipeline to shore up renewables

Why India-Bangladesh ties must focus more on Bay of Bengal link

Govt, AcSIR sign MoU for joint doctoral programmes in earth sciences

Govt asks Meta to review Facebook and Instagram recommendation systems

Nifty likely to reach 25,000 level by December amid geopolitical tensions

Very close to finalising trade deal with India, says Marco Rubio

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