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Economics Nobel Prize 2025: How innovation drives economic growth

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Economics Nobel Prize 2025: How innovation drives economic growth

The story so far The Royal Swedish Academy of Sciences on Monday (October 13, 2025) announced that it had decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, popularly called the Nobel Prize in Economics, to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic…

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Indian state-owned refiners trimmed Russian oil imports by 45% between June and September: Kpler data

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Indian state-owned refiners trimmed Russian oil imports by 45% between June and September: Kpler data

Image for representational purposes only. | Photo Credit: Reuters India’s state-owned refiners trimmed down purchases of Russian oil by more than 45% between June and September this year, according to data from real-time maritime and analytics provider Kpler. Speaking to The Hindu, Naveen Das, Senior Crude Oil Analyst at Kpler said state-owned refiners took 600…

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Indian team to visit U.S. this week for trade talks

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Indian team to visit U.S. this week for trade talks

Union Minister for Commerce and Industry Piyush Goyal meets President & CEO of U.S-India Strategic Partnership Forum, Mukesh Aghi, in New York in September. Photo: X/@PiyushGoyal via ANI A team of senior officials from India will visit the U.S. this week for trade talks and negotiations on the proposed Bilateral Trade Agreement (BTA) are progressing…

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Business

Retail inflation slows to 99-month low of 1.54% in September 2025 on falling food & fuel prices

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Retail inflation slows to 99-month low of 1.54% in September 2025 on falling food & fuel prices

Retail inflation slipped to 1.54% in September mainly due to subdued prices of food items, including vegetables and pulses. (Image used for representation)  | Photo Credit: Reuters Retail inflation fell to a 99-month low of 1.54% in September 2025 on falling food and fuel prices, official data showed. This is once again below the Reserve…

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Stock markets decline, mirroring weak global peers as Trump imposes fresh tariffs on China

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Stock markets decline, mirroring weak global peers as Trump imposes fresh tariffs on China

A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. BSE Sensex dropped to settle at 82,327.05 and Nifty declined to 25,227.35. | Photo Credit: PTI Benchmark indices Sensex and Nifty fell on Monday (October 13, 2025) due to selling in IT and FMCG shares and a weak trend in global markets after…

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Business

Rupee rises 5 paise to close at 88.67 against U.S. dollar

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Rupee rises 5 paise to close at 88.67 against U.S. dollar

The rupee opened at 88.75 and traded in the range of 88.57-88.79 before settling at 88.67 (provisional), registering a rise of 5 paise than its previous close. | Photo Credit: Reuters The rupee appreciated five paise to close at 88.67 (provisional) against the U.S. dollar on Monday (October 13, 2025), supported by suspected RBI intervention…

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Business

Economics Nobel to be shared by three for research on innovation-driven economic growth

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Economics Nobel to be shared by three for research on innovation-driven economic growth

The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth”. One half of the prize will go to Mokyr “for having identified the prerequisites for sustained growth through…

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China’s exports to U.S. drop in September, while rise in global shipments hits a six-month high

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China’s exports to U.S. drop in September, while rise in global shipments hits a six-month high

China’s exports to the United States have fallen for six months straight. File | Photo Credit: Reuters China’s exports to the United States fell 27% in September (2025) from the year before, even though growth in its global exports hit a six-month high. Customs figures released on Monday (October 13, 2025) showed that China’s worldwide…

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Business

Stock markets decline in early trade mirroring weak global peers

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Stock markets decline in early trade mirroring weak global peers

Image used for representative purpose only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty fell in early trade on Monday (October 13, 2025), tracking a sharp decline in global markets after the U.S. announced an additional 100 per cent tariff on Chinese goods effective November 1. The 30-share BSE Sensex dropped 451.82 points to…

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Rupee falls 5 paise to 88.77 against U.S. dollar in early trade

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Rupee falls 5 paise to 88.77 against U.S. dollar in early trade

Image used for representation purpose only. | Photo Credit: Getty Image/iStockphoto The rupee traded in a narrow range and fell 5 paise to 88.77 against the U.S. dollar in early trade on Monday (October 13, 2025), tracking the broad strength of the American currency amid a risk-off tone globally. Forex traders said the rupee is…

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