34 result(s) for “Business”
The government and oil retailers shifted petrol and diesel prices on October 13, 2026, cutting petrol while nudging up diesel. The move will ease costs for some motorists but raises concerns about transport inflation and fiscal balances ahead of the festive season.
The 30th Celtic Colours International Festival opened on October 9 and moves through October 17 with concerts, workshops and community meals that local organizers say are meant to put island culture and language at the center of the celebration.
As the Vancouver International Film Festival ends its 11 day run on October 11, 2026, the city is reflecting on a program that amplified Canadian storytellers, expanded festival audiences and underscored Vancouver's role as a hub for independent cinema.
Finance Minister Nirmala Sitharaman held a series of high level meetings in Singapore on October 11, 2026, pressing sovereign funds and private investors to increase long term investments into Indian infrastructure, semiconductors, digital finance and healthcare projects.
At the India Mobile Congress on October 10, regulators and industry leaders made clear that three licensed satellite operators will be treated equally, but commercial launches remain stalled until the government finalizes spectrum pricing and security clearances. The stance narrows the dispute around Starlink, while highlighting commercial and regulatory choices that will shape competition between terrestrial and space based broadband in India.
India's GST Council approved a sweeping administrative reform package that removes arrest powers for GST officers, raises the prosecution threshold to Rs 5 crore and eases several compliance burdens for businesses, a shift officials say is aimed at improving ease of doing business and reducing coercive enforcement.
Reliance Industries announced Jio Platforms will launch an initial public offering on October 21, 2026, seeking at least Rs 30,000 crore and positioning the telecom and digital arm for rapid expansion and debt reduction at the group level.
The Reserve Bank of India raised the repo rate by 25 basis points and signalled a calibrated tightening stance, prompting a spike in bond yields, fresh foreign investor selling and early bank rate adjustments on October 8, 2026.
The Reserve Bank of India on October 7 raised its policy repo rate by 25 basis points to 5.50 percent, ending a nearly four year pause and shifting policy stance to calibrated tightening. The move responds to a stronger growth backdrop and renewed inflationary pressures, and will affect borrowing costs, the rupee and market expectations for further hikes.
With the Reserve Bank of India convening its Monetary Policy Committee from October 5 to 7, Indian equities and bond markets opened the week under pressure. Investors are pricing in a likely 25 basis point repo rate increase, while foreign outflows and higher global oil prices are deepening the selloff.
New Delhi and Ottawa open a five day round of negotiations on October 5 with a target to conclude a Comprehensive Economic Partnership Agreement by year end, a push that could reshape goods, services and investment ties between the two countries.
NITI Aayog member Arvind Virmani reaffirmed a 7 percent GDP forecast for the year on October 4, 2026, but emphasised a plus or minus 1 percent uncertainty range as global trade tensions, oil prices and monetary pressures cloud the outlook.
India cautioned on October 3 that tariffs, export controls and other trade restrictions are increasingly serving strategic purposes, injecting new uncertainty for exporters, global supply chains and foreign investors. The remarks, delivered at a major economic conclave, outline a policy tension between resilience and openness that businesses and trade partners will need to navigate.
Tata Sons on Saturday formally rejected objections from Tata Trusts over the board decision to reappoint N. Chandrasekaran, setting up a high stakes governance fight that risks unsettling group stocks and intensifying pressure from regulators who want the holding company listed.
The Albanese government has completed legislative steps to provide A$42.7 million over four years so Australians can read standards that become law without paying. Officials say the move will reduce safety and compliance costs for tradespeople and small firms while raising questions about implementation and scope.