markets
Weak US Bond Demand Fuels Alarm as Treasury Yields Reach Multi-Decade Highs
Weak demand for long-term US government bonds is pushing Treasury yields to multi-decade highs. Buyers have not disappeared, but investors are demanding greater returns as inflation, rising interest costs and Washington’s $40 trillion debt intensify concerns.
Germany Faces Weak Labour Market as Energy Costs Drive Inflation Higher
Germany’s unemployment and inflation are rising as the economy struggles with expensive energy. The loss of Russian pipeline gas has weakened the industrial advantage once enjoyed by its manufacturers and intensified pressure on jobs, investment and growth.
India’s Industrial Output Jumps 8% as Manufacturing Accelerates
India’s industrial production grew 8% in August, beating expectations and accelerating from July. Manufacturing and electricity led the expansion, while capital-goods output surged 16.9%. Mining, however, contracted sharply and consumer non-durables remained weak.
Global Bond Sell-Off Deepens as US Yield Hits 19-Year High
A global bond sell-off has pushed the benchmark US 10-year Treasury yield above 5.27%, its highest level in 19 years. Rising oil prices, persistent inflation and concerns over mounting government debt have driven borrowing costs higher across major economies.
Escaping the Thucydides Trap? US and China Take a Cautious Step
The US and China have agreed to cut tariffs on $30 billion of goods each way and to open a formal AI dialogue with an incident hotline, the key outcomes of Xi Jinping's Washington visit. The deal buys time for bigger trade talks, but disputes over Iran, chips and rare earths remain unresolved.
Global agencies raise India's FY27 growth forecasts to 6.9–7.1%
S&P, Fitch, the ADB and the OECD have raised India's FY27 growth forecasts to between 6.9% and 7.1% after a stronger-than-expected 7.8% June quarter, despite the West Asia conflict. But the upgrades come with a warning: oil-driven inflation may force the RBI to raise interest rates this year.
Trump and Xi Prepare for High-Stakes Washington Talks
Donald Trump and Xi Jinping are preparing for high-level talks in Washington focused on trade, rare-earth supplies, artificial intelligence, Taiwan and Iran. The summit follows an agreement to extend a tariff truce, but expectations of a major breakthrough remain limited.
Modi Could Visit Canada as India and Canada Race to Finalise Trade Deal
Prime Minister Narendra Modi could visit Canada as New Delhi and Ottawa work to conclude a comprehensive trade agreement by the end of 2026. The proposed trip has not been formally scheduled, but it could provide the setting for signing the pact if negotiations are completed in time.
India’s 7.8% Growth Wins Praise from JPMorgan CEO Jamie Dimon
JPMorgan Chase CEO Jamie Dimon has praised India’s 7.8% growth and its position as the fastest-growing major economy, while warning that inconsistent taxation, uneven enforcement of rules and barriers facing foreign companies could prevent the country from converting momentum into investment.
Tata Trusts Declares Chandrasekaran’s Reappointment "void ab initio"
Tata Trusts has declared N Chandrasekaran’s reappointment as Tata Sons chairman invalid, arguing that the board vote lacked the mandatory support of both Trust-nominated directors. The dispute exposes a deeper battle over leadership, listing and control of the Tata Group.
India-Canada Trade Pact Could Be Finalised Before Year-End
India and Canada are aiming to complete a comprehensive trade agreement by the end of 2026 after concluding a fourth round of talks. The proposed CEPA would cover goods, services, investment and energy as both countries target C$70 billion in bilateral trade by 2030.
India’s Net Direct-Tax Collections Rise 13% to ₹12.1 Lakh Crore
India’s net direct-tax collections rose nearly 13% to ₹12.12 lakh crore by September 17, led by stronger corporate tax and advance-tax payments. Gross collections climbed 15%, while corporate advance tax jumped 18%, keeping revenue growth ahead of the government’s FY27 budget assumption.