CORPORATE POLITICS
Indonesia bonds to extend edge over India on rate-cut bets
Investors are increasingly favoring Indonesian sovereign debt over Indian bonds, highlighting a shift in Asia’s high-yield markets. The current yield gap between Indonesia’s and India’s 10-year bonds is about 10 basis points. Economists surveyed by Bloomberg expect this gap to double by Q3 2026, indicating expectations of sustained outperformance for Indonesian debt compared with Indian government securities.
EVM an aggregator of votes, can't be used in presidential, vice presidential elections
Electronic Voting Machines or EVMs are unsuitable for certain Indian elections. These include presidential, vice presidential, Rajya Sabha, and state legislative council polls. EVMs function as vote aggregators in direct elections. Presidential and vice presidential elections use proportional representation. This system requires voters to rank candidates. Current EVM technology cannot accommodate this preference-based voting system.
Japan's stressed bond market, stocks brace for PM Ishiba exit reaction
Japan's stressed government bond market and soaring stocks are set for more volatility on Monday after the resignation of fiscal hawk Prime Minister Shigeru Ishiba.
'Sit on floor if...' to no liquid soap restroom: Employee claims PhD manager has turned office into school
An employee on Indian Workplace subreddit expressed frustration over their startup's classroom-like environment. The manager, a former professor, embarrasses the team with odd demands and cost-cutting measures. Innovation sessions are unproductive, and leadership ignores concerns, prompting the employee to consider confronting the manager before potentially leaving the company.
How to grow in your career without getting promoted in hierarchy
How to grow in your career without getting promoted in hierarchy
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Employee, who was bypassed for promotion despite being promised one, has a lesson to share: ‘Realised that…’
A dedicated employee faced disappointment after being denied a promised promotion despite years of hard work and taking on extra responsibilities. The company opted to hire an outsider, leading to his resignation and a harsh realization. He learned that corporate advancement often prioritizes self-promotion and visibility over quiet dedication, prompting a reevaluation of workplace strategies.
Employee asks for leave after his daughter undergoes surgery; boss’s callous reply leaves him shocked: ‘Put down my resignation…’
An employee faced immense pressure from his manager at an MNC during his daughter's critical surgery. Despite requesting leave under the company's care policy, he was compelled to present at a high-stakes client meeting. This insensitive demand, coupled with prior toxic behavior, led to his resignation, highlighting a broader issue of managerial empathy in the Indian workplace.
With a bit of tariff help? How Trump's theatrics may mask the real danger
Amidst concerns over Donald Trump's trade policies, India faces challenges in its relationship with the US. The potential for a 'Trump model' of protectionism worries policymakers, prompting considerations for supporting Indian exporters, especially SMEs, impacted by tariffs. While major exports remain stable, labour-intensive sectors suffer.
Work together to return to power in 2028: D K Shivakumar tells party cadres
D K Shivakumar urges Congress cadres to unite for the 2028 assembly election. He advises young leaders to strengthen the party at the grassroots level. Shivakumar emphasizes the importance of discipline, honesty, and integrity in politics. He highlights the Congress party's role in shaping India's democracy. He recalls his political journey and stresses the importance of organizational ability.
From coding to canonization: The extraordinary life of Carlo Acutis
Carlo Acutis, a 15-year-old computer enthusiast, was declared the first millennial saint for his use of technology to spread the Catholic faith. Acutis, who died of leukemia in 2006, was canonized alongside Pier Giorgio Frassati, an anti-fascist who served the poor.
US stock market crashes — Dow, S&P 500, Nasdaq all lost after shocking August jobs report; possible Fed rate cut ahead
U.S. stocks swung sharply lower Friday after a surprisingly weak August jobs report reinforced the case for a Federal Reserve rate cut at its September 17 meeting. Stocks initially surged on the prospect of cheaper borrowing costs but quickly reversed as investors digested the economic slowdown behind the Fed’s likely pivot.
Will Fed chair Jerome Powell cut rates following the weak jobs report?
August jobs report marks the fourth consecutive month of cooling labor growth, strengthening the case for a rate cut at the Fed’s September 16–17 meeting. Chair Jerome Powell has already signaled that policymakers are monitoring the slowdown closely.
US stock market: Dow, S&P 500, Nasdaq rebound after days of downturn on weak jobs data as Fed rate cut bets grow
US stocks bounced back on Thursday as the Dow, S&P 500, and Nasdaq rebounded after days of losses, lifted by weaker-than-expected jobs data that fueled fresh hopes for a Federal Reserve rate cut in September. The move came as investors also tracked Salesforce’s steep drop, American Eagle’s surprise rally, and Stephen Miran’s Fed confirmation hearing, keeping both Wall Street and Washington in sharp focus.
Trump to host tech CEOs for first event in newly renovated Rose Garden
The guests include Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates and OpenAI CEO Sam Altman, the official said.
Bond rout cools but mood cautious with long-term borrowing costs near highs
Long-dated government borrowing costs from Japan to Britain touched fresh multi-year highs on Wednesday on nagging concerns over the fiscal health of some of the world's biggest economies, although a degree of calm was returning after a sharp selloff.
ED searches 18 locations in Chhattisgarh over alleged ₹DMF fund misuse
Enforcement Directorate conducted searches related to a money laundering investigation. The case involves alleged misappropriation of the District Mineral Fund in Chhattisgarh. Searches targeted vendors, contractors, and alleged middlemen. The focus is on the diversion of DMF funds through the Beej Nigam. The ED initiated the probe following FIRs filed by Chhattisgarh Police.
GIFT Nifty down 50 points; here's the trading setup for today's session
Equities experienced a slight downturn on Tuesday, reversing earlier gains driven by positive macro data due to profit booking. Investors are keenly awaiting the GST Council meeting. Technically, the daily RSI indicates a bearish trend, with support at 24,500 and resistance at 24,700. The rupee weakened to a record low of 88.15 against the US dollar.
The Intel stake may be Trump's corrupt spin on industrial policy
The Trump administration's investment in Intel and other firms sparks debate about government regulation through equity. Concerns arise over the President's centralized power and potential abuse of authority, contrasting with historical models of checks and balances. The focus shifts from industrial policy to the erosion of administrative independence and legal safeguards against executive overreach.
Indian brands ride swadeshi wave amid tariff tensions
For now, “vocal for local” has become the slogan of the season. But as history shows, consumers ultimately decide at the checkout counter—not on the strength of patriotic hashtags, but on price, quality, and value.
Shark Tank's Anupam Mittal warns against ‘outsourcing judgement’ to ChatGPT. 'AI can’t fake original point of view'
Anupam Mittal, founder of Shaadi.com and People Group, has warned against overreliance on AI tools like ChatGPT for business decisions. In a LinkedIn post, he emphasized that AI can generate polished content but lacks courage, intuition, and originality. Mittal urged leaders to use AI as a tool, not a substitute for judgment, stressing that true innovation and leadership come from human insight, risk-taking, and independent thinking.
From Golf Course to water course: Why Millennium City Gurgaon turns into mini Venice after a few hours of rain?
Gurugram faced severe flooding after a four-hour downpour, paralysing roads and stranding commuters. The city's infrastructure crumbled due to blocked natural drainage, explosive real estate growth over water bodies, and inadequate drainage systems. Despite claims of upgrades, residents express anger over the recurring urban failure, highlighting the need for systemic fixes to prevent future crises.
Bill Belichick: NFL’s ‘student of game’ leads North Carolina Tar Heels, after 50 year-NFL coaching history
NFL coaching icon Bill Belichick, with 302 wins and six Super Bowls, has stunned football by taking over as UNC Tar Heels head coach. Amid recruiting chaos, locker room speeches, and controversy surrounding his wife Jordan Hudson, Belichick’s transition from NFL to college football is under intense media scrutiny
Trump plans 200% tariff on imported drugs, raising risk of higher US prices and shortages
US President Donald Trump has threatened pharmaceutical import tariffs of up to 200 per cent, a move that experts warn could raise drug costs and create shortages across the United States. Analysts say stockpiling may delay pain until 2027, but generics and low-income patients would suffer most. India’s exporters have been excluded from immediate enforcement. Courts have questioned the administration’s authority and the issue may reach the Supreme Court. The policy forces a choice between reshoring production and preserving affordable access.
Maratha quota: Talks with govt delegation fail; Manoj Jarange firm on continuing protest
Talks between Maratha quota leader Manoj Jarange and a government delegation in Mumbai ended without resolution, as Jarange continues his hunger strike demanding a 10% quota for Marathas under the OBC category. Jarange criticized CM Fadnavis for sending Justice Shinde, stating it's not his role to issue a GR for Maratha reservation.
We want only reservation; don't test patience of Maratha community, says activist Manoj Jarange
Speaking to reporters at Azad Maidan, where he launched an indefinite fast on Friday, the activist said that the government should not spread misinformation that the Marathas are seeking reservation from the Other Backward Classes (OBC) quota.
Downpour drowns Delhi: Vehicles crawl on waterlogged roads; wettest Aug in 15 years
Heavy rains lashed Delhi, causing traffic chaos and waterlogging, marking the wettest August in 15 years. A wall collapse injured three children, sparking a political blame game over the city's infrastructure. The Aam Aadmi Party criticized the BJP-led government for alleged corruption in de-silting, while the BJP claimed prompt action mitigated the impact of the prolonged monsoon.
Dow Jones, Nasdaq, S&P 500 futures near pause as Nvidia earnings threaten to shake Wall Street
U.S. stock futures today opened steady, with only marginal gains across the Dow Jones, S&P 500, and Nasdaq as Wall Street holds its breath for Nvidia’s highly anticipated earnings.
U.S. stock market today: Dow, S&P 500, Nasdaq show caution — is a crisis brewing? Top stock to watch now
The U.S. stock market is showing a split picture today. The Dow Jones edges slightly lower, the S&P 500 holds steady, and the Nasdaq climbs as tech stocks lead the way. Investors are closely watching Nvidia’s upcoming earnings, making it the top stock to track amid today’s cautious trading.
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