US authorities are auctioning 600 million tonnes of coal from federal lands, expedited by a Trump executive order, despite many power stations planning to cease coal use within a decade. While the administration cites rising electricity demand, declining market forecasts and low valuations from key buyers like NTEC raise questions about the actual demand for […]

Gold and silver markets are experiencing a “super bull run” ahead of Diwali 2025, with prices surging over 47% and 52% respectively this year. Analysts predict continued growth, driven by global uncertainties, central bank policies, and strong festive demand, with gold potentially reaching Rs 1.22 lakh and silver Rs 1.50 lakh.

The Ministry of Textiles has launched the ‘Swadeshi Campaign’ to significantly boost domestic demand for Indian handloom, handicrafts, and textile products. This initiative targets urban youth and Gen Z, aiming to reposition Indian textiles as symbols of pride and heritage.

World Bank economist Franziska Ohnsorge highlights India’s significant untapped potential in services and manufacturing exports for foreign investors. Computer services exports surged 30% post-ChatGPT, indicating strong opportunities, while manufacturing faces constraints from limited trade agreements. Although private investment growth remains robust, India’s FDI to GDP ratio is notably weak by international standards.

EU Ambassador Herve Delphin stated the India-EU FTA could be a “game changer” for bilateral trade, diversifying supply chains amid global tariff hikes. Despite challenging negotiations and unresolved issues like market access, the EU remains committed to a meaningful deal by December 2025, aiming to leverage their significant economic complementarity.

Anthropic, an OpenAI competitor, appointed Rahul Patil as Chief Technology Officer. Patil, an Indian-origin leader, previously served as CTO at Stripe. He succeeds co-founder Sam McCandlish. Patil is an alumnus of Bengaluru’s PES University. He also holds degrees from Arizona State University and the University of Washington. Anthropic recently raised $13 billion.

Finance Minister Nirmala Sitharaman declared India’s economy resilient, driven by robust domestic consumption and investment, mitigating external shocks. RBI Governor Sanjay Malhotra underscored India’s stability amid global turbulence, projecting 6.8% growth for FY26. Despite international trade challenges and geopolitical realignments, India is deepening structural reforms, including GST changes, to maintain its status as the world’s

Markets regulator Sebi began discussions on overseeing family offices, seeking disclosures on their assets and investments due to their growing market influence. Despite earlier talks about potential new regulations, Sebi later clarified it is not currently considering a regulatory framework for these powerful investment vehicles, which have become dominant players in India’s financial landscape.

GST reduction on 375 items boosted consumer spending. Navratri sales reached a decade high. Government officials cited industry data. Families upgraded vehicles and bought white goods. This turned festive cheer into record consumption. Brands and retailers reported sales growth. This provided a boost for India’s consumption-driven economy. Car bookings also saw an increase.

The US Treasury is reportedly considering a $1 coin featuring Donald Trump for the nation’s 250th anniversary. Treasurer Brandon Beach shared a draft on X, depicting Trump’s profile and a “FIGHT, FIGHT, FIGHT” slogan. While a final design isn’t chosen, the proposal highlights Trump’s leadership.