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Dollar hits 16-month high on Euro and Swiss Franc as US yields top 5%

The dollar hit 16-month highs against the euro and Swiss franc as investors eyed Fed rate hike clues from economic data. Treasury yields neared multi-year highs. The Australian dollar weakened after t

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SP Group to raise $125 million via tap issue, Rs 3,250 crore in rupee bonds

In a significant financial move, Shapoorji Pallonji Group plans to generate $125 million through a tap issue of current dollar bonds, targeting an impressive ₹3,250 crore via unrated rupee-denominated bonds for refinancing purposes. This capital-raising endeavor is likely to finalize by Thursday, with payments assigned for October 1. The influx of interest has led to oversubscription in recent bond offerings, with yield rates ranging from 14% to 18.95%.

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Fed rate hike 'not urgent', says John Williams; Austan Goolsbee warns against 'playing with fire'

Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central bank is not in a hurry to act immediately as it awaits more economic data. Williams projected that inflation might end the year at approximately 3.5% before returning to the Fed's target by 2028.

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Skoda Cars To Get Costlier From October 1; Price Hike Capped At Rs 20,000

The price revision comes after Skoda recorded its strongest first-half sales in India.

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WhatsApp Business users face new messaging charges from October 1: Will customers also pay?

The company has announced a new pricing structure for businesses using the WhatsApp Business Platform in India, which will come into effect from October 1, 2026.

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US 30-year Treasury yield tops 5.6%, reaching highest level since 2002

Yields on the 30-year US Treasury bond have risen to levels not seen since 2002. This increase is part of a prolonged selloff in the global Treasury market, driven by various economic factors. Rising energy prices are contributing to higher inflation and increased expectations for rate hikes. Notably, a significant corporate bond issuance has also exerted pressure on the market.

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Son died, LIC denied father Rs 5 lakh over heart condition; Commission orders payout with interest

The Commission referred to a National Consumer Disputes Redressal Commission decision concerning "silent diseases", observing that a person may not necessarily be aware of a condition until it aggravates and symptoms become apparent. It also referred to a Punjab and Haryana High Court judgment concerning repudiation of insurance claims.

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Beyond earnings: Shiprocket bets on quick commerce, AI to drive next phase of growth

In its first post-listing earnings call Shiprocket revealed that omnichannel, which contributes 30% of its total revenue now is part of their next phase of growth strategy along with AI products like Quikpay, Steal Deal etc. The post Beyond earnings: Shiprocket bets on quick commerce, AI to drive next phase of growth appeared first on MEDIANAMA .

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Tukaram Mundhe-Led FDA Mandates 'Mother's Milk Is Best' Warning On All Infant Food Packages

Maharashtra FDA chief Tukaram Mundhe announces new compliance rules for infant food makers.

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8 Years Of Ayushman Bharat: Benefits, Eligibility & How To Claim | Insurance Guide | Money Today

Are government health insurance schemes enough to cover rising medical costs? On Money Today’s Insurance Masterclass, Dr. S. Prakash, CEO – Health Insurance, Ecosystem & Strategic Partnerships, General Insurance Council of India decodes Ayushman Bharat, CGHS and other government health schemes, and what they actually cover. The discussion looks at the ₹5 lakh Ayushman Bharat cover for citizens aged 70 and above, hospitalisation rules, treatment packages, exclusions and potential out-of-pocket expenses. Dr. S. Prakash, CEO – Health Insurance, Ecosystem & Strategic Partnerships, General Insurance Council of India, explains when beneficiaries may need additional private or top-up health insurance. Business Today’s Neetu Chandra Sharma also breaks down what families should check before hospitalisation and how pre-existing diseases, waiting periods, policy terms and the five-year moratorium can affect health insurance claims.

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Blue Star MD Thiagarajan Says 8% Price Hike Not Enough Amid Rising Costs

Blue Star MD B Thiagarajan flags rising copper, aluminum and steel costs and says further price hikes may be needed to support the margins, which are already under pressure

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Indian Oil plans to launch packaged drinking water under own brand across 43,000 fuel outlets

The oil marketing company proposes a multi-year aggregator-led revenue sharing model as part of a strategy to grow non-fuel revenue and offer value-added products to customers

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EY moves SC over tax treatment of overseas employee secondments

EY has approached the Supreme Court challenging a Delhi High Court ruling on the tax treatment of payments made for employees temporarily deputed from overseas offices to India. The appeal, filed on 15 September, challenges the High Court’s 18 June ruling, which held that payments made by EY India to its US counterpart for employees [...] The post EY moves SC over tax treatment of overseas employee secondments appeared first on HR Katha .

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'Carnage, Plain And Simple': Supreme Court Flags Rs 27,000 MRP On Rs 3,000 Cancer Drug

Court questions steep PTR-MRP gap, hospital pharmacy practices and taxpayer burden under government health scheme

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Euro zone bond selloff hits pause, yields fall from multi-year highs

Germany's 10-year bond yield experienced a slight decrease after reaching a 17-year high recently. Rising global interest rates are driven by strong economic growth and elevated energy prices. The European Central Bank may implement additional rate hikes to combat inflationary pressures. Money markets are pricing in nearly four quarter-point hikes following previous increases over the summer. Investor concerns about further growth slowdowns due to higher long-term yields remain significant.

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Global Market: Japan 2-year bond yield nears 2% as BOJ rate hike bets rise

Japan’s two-year government bond yield neared 2%, its highest level since 1995, as persistent inflation, yen weakness and expectations of further Bank of Japan rate hikes pushed short-term borrowing costs higher.

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EPFO Wage Ceiling Hike: How Does It Impact Your PF Deductions? EPFO Shares Full Calculations

The EPFO has clarified how employers should calculate provident fund (PF) contributions for September 2026, following the revised wage ceiling that takes effect from September 17.

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Subhash Chandra’s ₹22,006 crore insolvency case: NCLAT issues notice over asset restraint

Essel Group Chairman Subhash Chandra has challenged an NCLT order restraining him from alienating assets during insolvency proceedings. The case involves admitted creditor claims of ₹22,006.57 crore against a proposed repayment of ₹6.25 crore.

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Will Your Monthly Take-Home Salary Fall? Your PF Deduction Has Changed From Sept 17 - Here’s The Math

The statutory wage ceiling for EPF coverage has been increased from Rs 15,000 to Rs 25,000 per month, effective 17 September 2026

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Cleartrip bets on holiday packages to drive higher-value bookings, build one-stop travel platform

Cleartrip is entering the holiday packages market, with Chief Business Officer Gaurav Patwari saying the segment is expected to contribute a mid-to-high single-digit share of the business over the next 12 months.

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Global Market: Eurozone bond selloff pauses, yields stay near multi-year highs

Eurozone government bond yields eased after a sharp selloff pushed borrowing costs to multi-year highs. Investors remained focused on elevated energy prices, inflation risks and expectations for further ECB rate hikes, while Germany’s 10-year yield slipped from recent highs.

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Indian travel demand stays resilient despite global shocks: Booking.com’s Santosh Kumar

Indian travel demand remains strong despite global disruptions, with domestic accommodation searches up 20% and flight searches 25% in 2026, prompting Booking.com to step up local payments and marketing.

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Global Market: Japanese bond yields hover near multi-decade highs as inflation concerns persist

Japanese government bond yields remained near multi-decade highs as persistent inflation, elevated oil prices and expectations of further Bank of Japan rate hikes weighed on sentiment. A strong 40-year bond auction offered some relief, with demand improving, but investors remain focused on inflation, fiscal expansion and the outlook for interest rates.

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Nifty Bank crashes 1,800 points in 2 days, slips below 54K for first time in 4 months. What’s next?

Banking stocks have come under heavy pressure, with the Nifty Bank index plunging nearly 1,800 points in two days and slipping below 54,000 for the first time since early June. The selloff has been driven by concerns over potential RBI rate hikes and rising bond yields.