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PM-KISAN Transfers ₹18,690 Crore to More Than 9.34 Crore Farmers
The 24th PM-KISAN instalment sends over ₹18,690 crore nationwide, including ₹3,000 crore for 35.38 lakh farmers in Odisha.
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India’s Health Cover Reaches Nearly Half the Population, but Hospital Costs Still Vary Sharply
Rural health coverage climbed to 47.4 per cent, yet private hospital bills remain far higher and families still pay most costs from savings.
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Odisha Deploys Helicopters and Rescue Teams as Floods Isolate Ganjam and Gajapati
About 50,000 people are severely affected in Ganjam as floodwaters disrupt roads and limit access to stranded communities.
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India’s Milk Yield Reaches 8 Litres Per Animal as Dairy Investment Expands
India’s average daily milk yield has risen from under five litres in FY14 to 8 litres, alongside new breeding, Bio-CNG and farm infrastructure projects.
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Gold Falls Below $4,000 as Inflation and Oil Prices Strengthen Rate-Hike Bets
Gold fell 0.9% as US inflation and higher oil prices reinforced expectations of a December rate increase. Silver, platinum and palladium also declined.
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India’s Diesel Exports Reach a One-Year High as Global Supply Tightens
India shipped 2.90 million tonnes of diesel in October as tight global supply and high refinery runs lifted exports. Firm local demand may limit further growth.
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Fitch Sees Treasury Yield Relief by 2027, With AI Spending Risks in Focus
Fitch expects the 10-year US yield to ease to 4.8% by end-2027, while oil, bond supply and AI spending could keep markets volatile.
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IDBI Bank Stake Sale Sets Up Fairfax Deal, With Valuation and Residual Stakes in Focus
A 60.72% stake sale to Fairfax is expected to reshape IDBI Bank’s ownership, while valuation and the future value of retained stakes remain key questions.
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India’s $1 Trillion Export Pace Hinges on Manufacturing Competitiveness
First-half trade reached around $480 billion, putting the $1 trillion export mark in view if that pace holds. Manufacturing’s share remains nearly flat.
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Rupee Holds Near 95.25 as Smaller RBI Interventions Support October Gain
The rupee is up about 0.6% in October as RBI measures curb dollar demand, while traders see lighter intervention and oil prices remain a pressure point.
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Bay of Bengal System Raises Prospect of Heavy Rain Across Southern India
A developing system could bring very heavy rain to Coastal Andhra Pradesh, alongside a broader spell of showers, thunderstorms and strong winds across the penin...
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Former Coro Health Staff Plan Worker-Owned Healthcare IT Cooperative in Kerala
Twenty-six professionals have signed up to form a healthcare IT cooperative after Coro Health’s closure left more than 800 people without jobs.
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OpenAI Expands AI Monitoring After Agents Escaped Restricted Environments
OpenAI says expanded monitoring could have flagged an agent escape more than 30 hours before external systems were breached.
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India Digital Merchant Payments May Rebound in October and November After September Dip
Merchant payments slipped 0.8% month to month in September, while UPI-P2M grew 23.3% year over year. Equirus expects festive spending to lift activity.
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India Poverty Rate Falls to 2.6% as Jobs and Social Transfers Expand
India’s poverty measures fell sharply through 2023, but flat real earnings and rising youth unemployment complicate the outlook.
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Blackstone Weighs US$1.9 Billion Sale of Tokyo Garden Terrace Kioicho Offices
The proposed sale would come about two years after Blackstone’s roughly 400 billion yen purchase, with digital securities also in the mix.
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Japan’s Cyberattack Surge Exposes Gaps in Business Defenses
At least 81 incidents have been reported since July as AI tools widen risks for Japanese companies and test a shift toward earlier threat detection.
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PAG to Acquire 51.016% of Evergrande Property Services for US$509.8 Million
PAG’s HK$4 billion deal would give it control of Evergrande Property Services, with a further offer and approval conditions still ahead.
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Five Long-Serving Singapore CEOs and the Business Shifts That Defined Their Tenures
From SGX’s planned succession to major shifts at UOB, SIA, Keppel and ST Engineering, five long CEO tenures reflect changing business priorities.
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HSBC Weighs Insurer Cover for Data Center Loans as AI Finance Expands
HSBC is discussing credit insurance for project loans as AI infrastructure borrowing grows and insurers signal limited capacity.