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The scheme is expected to cost an additional ₹1,600 crore a year and a total of ₹6,000 crore. The initiative, launched on Gandhi Jayanti, is an extension of the existing women’s zero-fare bus scheme, Vidiyal Payanam
Bolivia's central bank says net reserves rose 8.7% to US$3.93 billion by 30 September, but gold now makes up 87% and liquid dollars fell. The post Bolivia Reserves Rise 8.7% to US$3.93 Billion on Gold appeared first on The Rio Times.
Honduras raises gasoline, kerosene and vehicle LPG prices from Monday, 12 October, while diesel stays at US$5.73 a gallon, the energy ministry said. The post Honduras Fuel Prices Rise Again From 12 October appeared first on The Rio Times.
Jamaica is upper-middle income with US$7,790 GNI per person and high human development, but Hurricane Melissa cost US$12.2 billion. The facts. The post Is Jamaica a Third World Country? The Facts appeared first on The Rio Times.
Delta Air Lines Inc. reduced its full-year earnings outlook as jet fuel prices remain elevated, signaling mounting pressure on an airline industry whose smaller players are even less equipped to weather spiraling costs. Bloomberg's Chief Correspondent for Global Aviation, Sid Philip, joins to discuss. (Source: Bloomberg)
Stubble burning is the result of a combination of legal, technological and economic factors, including the paddy-wheat cycle, assured procurement and a narrow window between crops; a lasting solution needs stronger incentives for diversification, better residue management and more reliable measurement of burning
Some European countries work fewer hours but does that mean they're less productive? Economist Dominik Leusder joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to talk about how research suggests that fewer hours worked actually lead to an increase in productivity. (Source: Bloomberg)
Tokyo, Oct. 8 (Jiji Press)--The Bank of Japan revised up its economic assessment for two of the country's nine regions in a quarterly report released Thursday while leaving it unchanged for the rest. The central bank compiled the report at the day's meeting of managers of its regional branches, which was held at its headquarters in Tokyo. Demand related to artificial intelligence remained s...
MPs oppose dinar devaluation, citing increased living costs and financial strain on Iraq’s most vulnerable populations.
As households across Southeast Asia face rising prices, higher borrowing costs and insecure jobs, analysts say governments should do more to protect a middle class that drives consumer spending but can fall between the cracks of social protection systems designed primarily for poorer households. The issue has come into sharper focus in the Philippines, where the Asian Development Bank Institute (ADBI) urged the government in September to provide targeted support for the middle class to protect...
Mainland Chinese visitor arrivals in Hong Kong exceeded the government’s forecast for the entire National Day “golden week” holiday in the first six days, as major shopping centres and hotel operators reported brisk business. The city recorded 1.3 million mainland visitor arrivals over the first six days of the week-long break, up by 11.6 per cent from the same period last year and surpassing the government’s forecast of 1.29 million for the entire holiday, according to Immigration Department...
Private bus owners say Suriname's city fare could climb by up to 59% without subsidies, while the government weighs tighter subsidy rules. The post Suriname Bus Fare Could Rise 59% Without Aid appeared first on The Rio Times.
Kenya’s central bank kept its benchmark rate at 8.75% on 7 October, the fourth hold in a row. Inflation edged up to 6.8%, near the top of the target range. The post Kenya Holds Interest Rate at 8.75% appeared first on The Rio Times.
Casey Sprake, Market Strategist at AG Capital told Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa, the Fed's September hike marked a turn in policy and the Bank of England may be close to the same point. (Source: Bloomberg)
Pakistan has subsidised petrol for millions, but some economists caution that those most needing help are left out.
Even before the latest bout of political and economic turmoil, by one measure France had become Europe’s most distressed corporate market.
Ghana raised 3.39 billion cedis ($289 million) in its first sale of cocoa bills since a debt default, with the proceeds to be used to buy beans from farmers during the 2026-27 season.
RBI raised interest rates for the first time in nearly four years. Governor Sanjay Malhotra says given the current economic scenario, rate hikes are off the table in the near-term. (Source: Bloomberg)
CM Joseph Vijay seems to have mastered the art of welfare politics by accommodating the gratis within an about ₹4 lakh crore revenue-spending framework. However, the real test is whether the government can convert 84 lakh daily journeys into measurable gains in female employment, productivity, household income and mobility
Com a ajuda do petróleo, dos combustíveis, da soja e do cobre, a balança comercial brasileira registrou superávit de US$ 7,74 bilhões em setembro, mais que o dobro do que mesmo mês de 2025 (US$ 3,14 bilhões). O desempenho foi impulsionado pelo crescimento das exportações, que avançaram 12,9% no período, segundo dados divulgados nesta terça-feira (6) pelo Ministério do Desenvolvimento, Indústria, Comércio e Serviços (Mdic). Notícias relacionadas:Balança comercial tem superávit de US$ 7,4 bilhões em agosto.Balança comercial de julho tem superávit de US$ 7 bilhões.Tarifaço deve ter efeito limitado na balança comercial brasileira.O superávit foi o segundo melhor para o mês, só perdendo para setembro de 2023 (US$ 9,18 bilhões). Principais números • Superávit: US$ 7,74 bilhões (+146,4% ante setembro de 2025); • Exportações: US$ 34,42 bilhões (+12,9%); • Importações: US$ 26,68 bilhões (-2,4%); • Corrente de comércio: US$ 61,09 bilhões (+8%). A corrente de comércio, soma de exportações e importações, alcançou US$ 61,09 bilhões, o maior valor já registrado para meses de setembro na série histórica e o segundo maior para todos os meses, só perdendo para junho deste ano (US$ 61,99 bilhões). Exportações crescem O aumento das vendas externas foi liderado pela indústria extrativa, seguida pela indústria de transformação e pelo agronegócio. Exportações por setor: • Indústria extrativa: US$ 9,44 bilhões (+39,8% ante setembro de 2025); • Indústria de transformação: US$ 17,67 bilhões (+5,3%); • Agropecuária: US$ 7 bilhões (+4,8%). Produtos em destaque: • Indústria extrativa: petróleo bruto (+77,3% ante setembro do ano passado), minério de cobre (+74,2%); • Indústria de transformação: farelos de soja (+47,7%), combustíveis (+39,1%); • Agropecuária: soja (+11,9%), café não torrado (+8,7%), centeio e aveia (de US$ 407 mil para US$ 127,8 milhões, alta percentual de 31,2 mil, por diferença de cronograma de embarque). No caso do petróleo, o crescimento da produção e o aumento de 24,7% nos preços médios, após o agravamento da guerra no Oriente Médio, elevaram as exportações. Destinos das vendas As exportações cresceram para a maior parte dos principais mercados do Brasil, incluindo os Estados Unidos, apesar das tensões comerciais entre os dois países. No entanto, caíram para a Ásia e ficaram estáveis para a América do Sul. Exportações por região: • Europa: US$ 8,3 bilhões (+51,9%) • América do Norte: US$ 5,2 bilhões (+30,6%) • América do Sul: US$ 4,2 bilhões (estável) • Ásia: US$ 17,4 bilhões (-2,5%) As vendas para os Estados Unidos avançaram 31,9% em setembro, mesmo em meio à aplicação de novas tarifas sobre produtos brasileiros. No entanto, caem 6,5% no acumulado do ano. Para a União Europeia, o crescimento pode ser explicado pelo acordo com o Mercosul, que está impulsionando as vendas, principalmente de alimentos, para o bloco. Importações avançam As compras brasileiras no exterior tiveram leve recuo em setembro (-2,4%), principalmente de bens de capital e bens intermediários. Importações por categoria: • Bens de capital: US$ 4,1 bilhões (-29,8%) • Bens intermediários: US$ 14,9 bilhões (-2,4%) • Bens de consumo: US$ 4,3 bilhões (+11,5%) • Combustíveis: US$ 3,4 bilhões (+41,2%, impulsionada pela alta de 58,2% no preço) No caso dos bens de capital, a desaceleração da economia provocada pelos juros altos está diminuindo os investimentos da indústria, principal compradora de máquinas. Acumulado de 2026 No acumulado de janeiro a setembro, a balança comercial registrou superávit de US$ 62,4 bilhões. No período: • Exportações: US$ 264,65 bilhões (+10,4%) • Importações: US$ 222,26 bilhões (+5%) • Saldo comercial: US$ 62,4 bilhões (+34,8%) Projeções Apesar do crescimento das exportações, o Mdic revisou para baixo sua projeção para 2026. A estimativa de superávit da balança comercial passou de US$ 90 bilhões para US$ 84,4 bilhões. Mesmo com a queda, o resultado seria o segundo melhor para um ano desde o início da série histórica, em 1989. Só perderia para 2023 (US$ 98,8 bilhões). A previsão de exportações foi reduzida de US$ 394,4 bilhões para US$ 382,5 bilhões. A projeção para as importações passou de US$ 304,4 bilhões para US$ 298,1 bilhões. As estimativas estão mais otimistas que a das instituições financeiras. Segundo o boletim Focus, pesquisa semanal com instituições financeiras divulgada pelo Banco Central, os analistas de mercado projetam superávit comercial de US$ 78,3 bilhões para este ano.
The World Bank cut Argentina's 2026 growth forecast to 2.1% from 3.6% on 6 October but still sees three straight years of growth. The post World Bank Cuts Argentina Growth Forecast to 2.1% appeared first on The Rio Times.
Far-right leader Marine Le Pen said she would make drastic savings to bring France's public deficit back in line if she wins next year's presidential election. The government forecasts the national debt will hit 5.4 percent this year despite the EU setting a 3 percent limit for member states.
At the interbank foreign exchange, the rupee opened at 96.29 but fell to 96.39, down 4 paise from its previous close
Cargill Inc.’s fiscal first-quarter earnings fell by more than half as the largest private company in the US was pressured by higher costs for cattle and cocoa despite also benefiting from stronger results in soybeans.
“The investment proposals received include ₹13.80 crore in the fisheries sector, ₹51.00 crore in the feed mill sector, ₹509.20 crore in the cold chain sector, ₹6.20 crore in the hatchery and seed production sector, and ₹20.00 crore in the value addition and export sector,” Dhanalakshmi K., Director General, Fisheries, said
The dollar neared its strongest levels this year as fiscal strains and renewed political uncertainty in Europe boosted its haven appeal, even as its run of gains stoked concerns the rally is becoming overstretched.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Polina Kurdyavko, RBC Bluebay Head of Emerging Markets; Vivek Paul, BlackRock Global Head of Portfolio Research & UK Chief Investment Strategist; Tina Fordham, Fordham Global Foresight Founder & Geopolitical Strategist (Source: Bloomberg)
The RBI has been withdrawing surplus cash from the banking system as inflation pressures mount.
Emerging-market stocks and currencies advanced after softer-than-expected US jobs data and a further decline in oil prices helped ease concern over aggressive interest-rate hikes by the Federal Reserve.