India-Korea trade talks: New Delhi, Seoul to explore joint initiatives in electronics; EV parts and digital supply chains

India and South Korea will collaborate on electronics, electric vehicle parts, and secure digital supply chains. Discussions occurred at the G20 Trade and Investment Ministers’ Meeting in South Africa. India also met with Japan, South Africa, and the Netherlands to boost trade. India advocated for a functional WTO dispute system and food security solutions.

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US markets today: S&P 500 and Dow hold near all-time highs; crude oil slips on Gaza ceasefire

Indian markets mirrored global trends as US stocks neared record highs, buoyed by a Gaza ceasefire easing oil supply fears. While major indices saw modest gains, investors await key economic data amidst a US government shutdown. Levi Strauss shares dipped despite strong profits, highlighting high market expectations. Global markets showed mixed performance, with European indices…

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Mutual fund trends: Equity inflows moderate in September at Rs 30,421 crore, Gold ETFs attract record interest; Debt funds face withdrawals

Equity mutual fund inflows slowed in September, marking the 55th consecutive month of positive flows. Gold ETFs attracted record investments, signaling a shift towards precious metals. Debt funds saw substantial outflows due to institutional redemptions. Overall mutual fund AUM saw a modest rise despite market volatility.

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Trump seeks fair play! US asks China to not fly over Russia; ‘gives Beijing airlines competitive edge over American carriers’

The US government has proposed barring Chinese airlines from flying over Russia on routes to and from the United States, citing unfair competitive advantages. This move aims to level the playing field for American carriers, which lost access to Russian airspace after the Ukraine invasion. The proposal could impact major Chinese airlines and adds to…

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GST cuts boost Diwali shopping! Small businesses see festive cheer; here’s what experts say

Small businesses are experiencing a significant sales surge, driven by recent GST rate reductions and the ongoing festive season. Sectors like toys, textiles, footwear, and auto accessories are reporting heightened demand. Industry bodies indicate positive initial feedback, with expectations of continued growth as consumers benefit from lower prices and increased purchasing power.

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