Business News: Economy & Markets

Onion prices dip as fresh crop flows into markets

IANS | October 7, 2026 7:26 PM

New Delhi, Oct 7 (IANS) The outlook for onion availability has strengthened considerably with robust market arrivals and the commencement of fresh Kharif supplies, with the improving supply position already translating into a broad-based moderation in prices of the staple vegetable across mandis and major consumer markets, the Ministry of Consumer Affairs, Food & Public Distribution said on Wednesday.

Export credit period should be extended to 450 days after RBI repo rate hike: Industry chamber

IANS | October 7, 2026 6:56 PM

New Delhi, Oct 7 (IANS) The Reserve Bank of India’s decision to raise the policy repo rate and shift to calibrated‑tightening stance is understandable amid rising inflationary pressures and sought extension of export credit period to 450 days, an industry chamber said on Wednesday.

India, UK agree to deepen ties in capital markets

IANS | October 7, 2026 6:02 PM

New Delhi, Oct 7 (IANS) India and the UK have agreed to identify priority areas to explore for future capital markets cooperation as the two sides discussed opportunities to increase cross-border investment and Indian firms’ access to international capital including through cross-border equity and bond listings via GIFT-IFSC, and stronger capital market connectivity, according to a joint statement, adopted after the 'India-UK Financial Markets Dialogue 2026' held in London.

'India, Canada economic ties poised to get stronger'

IANS | October 7, 2026 5:58 PM

New Delhi, Oct 7 (IANS) The elements of a strong economic relationship between India and Canada have never been lacking, and what has been missing, at different points, has been the political and institutional momentum to bring these ingredients together, but there are now signs that this may be changing, according to an article.

SME growth fund to boost capital access, strengthen investor confidence: Industry

IANS | October 7, 2026 5:48 PM

New Delhi, Oct 7 (IANS) Industry leaders on Wednesday welcomed the Union Cabinet's approval of a Rs 10,000-crore SME Growth Fund, saying the initiative will improve access to growth capital for small and medium enterprises while enhancing investor confidence in the sector.

Indian researchers develop metal‑free catalyst to replace platinum to cut clean‑energy costs

IANS | October 7, 2026 5:35 PM

New Delhi, Oct 7 (IANS) A team of Indian researchers developed a metal‑free porous material that can perform nearly as well as platinum as a catalyst in zinc‑air batteries that can significantly lower costs for next‑generation clean‑energy technologies, the government said on Wednesday.

Revised SOP for using proof ranges, field firing ranges, test facilities approved for Indian defence industry

IANS | October 7, 2026 5:14 PM

New Delhi, Oct 7 (IANS) Defence Minister Rajnath Singh on Wednesday approved a revised standard operating procedure (SOP) for the utilisation of the Ministry’s Proof Ranges, Field Firing Ranges and Test Facilities by the domestic defence industry.

Make in India booster: Ericsson produces over 15,000 antennas as local manufacturing ecosystem deepens

IANS | October 7, 2026 5:03 PM

New Delhi, Oct 7 (IANS) Telecom equipment maker Ericsson on Wednesday said it has crossed a major manufacturing milestone in India, producing more than 15,000 antennas and 25 million components through its local ecosystem since July 2025, with products now being exported to international markets.

RBI’s stance shift delivers ‘dose of credibility’, 25 bps hike still likely in Dec: Report

IANS | October 7, 2026 4:44 PM

New Delhi, Oct 7 (IANS) The Reserve Bank of India’s (RBI) move to change its policy stance from “neutral” to “calibrated tightening” and a 25 basis‑point repo rate hike delivered a dose of credibility, but a prolonged, deep rate‑hiking cycle is not expected, a report said on Wednesday.

India-EFTA pact is more than tariff agreement, provides long-term business certainty: Govt

IANS | October 7, 2026 4:41 PM

New Delhi, Oct 7 (IANS) Commerce Secretary Rajesh Agrawal on Wednesday urged Indian exporters and industry bodies to fully leverage opportunities arising from the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), saying the pact offers businesses long-term predictability and a strong foundation for investment-led growth.

business

Onion prices dip as fresh crop flows into markets

Export credit period should be extended to 450 days after RBI repo rate hike: Industry chamber

India, UK agree to deepen ties in capital markets

'India, Canada economic ties poised to get stronger'

SME growth fund to boost capital access, strengthen investor confidence: Industry

Indian researchers develop metal‑free catalyst to replace platinum to cut clean‑energy costs

Revised SOP for using proof ranges, field firing ranges, test facilities approved for Indian defence industry

Make in India booster: Ericsson produces over 15,000 antennas as local manufacturing ecosystem deepens

RBI’s stance shift delivers ‘dose of credibility’, 25 bps hike still likely in Dec: Report

India-EFTA pact is more than tariff agreement, provides long-term business certainty: Govt

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