US markets today: Wall Street heads for fifth straight monthly gain; investors watch jobs, Fed, and government shutdown

US markets today: Wall Street heads for fifth straight monthly gain; investors watch jobs, Fed, and government shutdown

US equities edged cautiously on Tuesday as Wall Street approached the end of another strong month, with investors balancing optimism over corporate earnings against economic uncertainty and the potential for a government shutdown.The S&P 500 slipped 0.2% in early trading, while the Dow Jones Industrial Average fell 27 points, or 0.1%. The Nasdaq composite was…

Read More
Fiscal snapshot: Centre’s deficit at 38% of target, Rs 12.82 lakh cr receipts; capital, revenue outlays rise

Fiscal snapshot: Centre’s deficit at 38% of target, Rs 12.82 lakh cr receipts; capital, revenue outlays rise

The Centre’s fiscal deficit stood at 38.1 per cent of the full-year Budget Estimates (BE) at the end of August, according to data released by the Controller General of Accounts (CGA) on Tuesday.In absolute terms, the fiscal gap between government expenditure and revenue was Rs 5,98,153 crore for the April-August period of 2025-26, PTI reported….

Read More
RoDTEP scheme extended: Export support now valid till March 2026; to aid industry

RoDTEP scheme extended: Export support now valid till March 2026; to aid industry

The government on Tuesday extended fiscal incentives under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for six more months, ensuring benefits for exporters till March 31, 2026. The scheme, which ended on September 30, reimburses taxes, duties, and levies incurred during manufacturing and distribution that are not refunded under other central,…

Read More
GDP growth at 6.5%: US tariffs to weigh down India’s economic growth? Here is what ADB says

GDP growth at 6.5%: US tariffs to weigh down India’s economic growth? Here is what ADB says

India’s economy is expected to grow 6.5% in the current financial year, the Asian Development Bank said in its latest report, revising the earlier figure downwards from 7%.ADP had predicted the GDP to reach 7% in April but downgraded it as concerns arose surrounding the sharp 50% tariffs in Indian import to the country.This reduction…

Read More
E-Arrival Card system: Now submit arrival details online! Delhi airport rolls out new system from Oct 1 – how it helps international passengers

E-Arrival Card system: Now submit arrival details online! Delhi airport rolls out new system from Oct 1 – how it helps international passengers

International travellers will now be able to submit their arrival details online as Delhi airport rolls out a new E-Arrival Card system from October 1.This procedure will replace the traditional paper form filling method.The airport operator, Delhi International Airport Ltd (DIAL), said the digital system will speed up immigration, reduce queues, and cut paper usage,…

Read More
Another tariff! Trump hits lumber imports with 10% global duty; upholstered furniture also impacted

Another tariff! Trump hits lumber imports with 10% global duty; upholstered furniture also impacted

US President Donald Trump continued his series of tariffs on Monday (local time), with the latest move impacting lumber and home renovation products from October 14.The White House said a 10% global tariff will be applied to softwood lumber imports. At the same time, upholstered furniture will face a 25% global tariff, rising to 30%…

Read More