March 2, 2026

Business

1759516011 unnamed file.jpg

Push for efficiency: Maharashtra launches ‘e-bond’ system; replaces stamp paper bonds for trade

contact@dailyupdatesindia.com01 mins

The Maharashtra government on Friday rolled out an electronic bond, or ‘e-bond’, system for import and export transactions, replacing traditional stamp paper bonds, officials said. The move is aimed at simplifying trade procedures, accelerating business operations, and modernising the state’s economy.Revenue Minister Chandrashekhar Bawankule said Maharashtra has become the 16th state in India to adopt…

Read More
1759514556 unnamed file.jpg

Solar cell imports under scrutiny: Commerce ministry recommends anti-dumping duty on China; domestic manufacturers to be shielded for 3 years

contact@dailyupdatesindia.com02 mins

Commerce ministry has moved to protect domestic solar cell manufacturers by recommending an anti-dumping duty on imports of solar cells from China for three years, officials said on Friday. The move comes amid concerns over cheap imports harming local players in the rapidly growing renewable energy sector, PTI reported.The Directorate General of Trade Remedies (DGTR),…

Read More
1759510129 unnamed file.jpg

Watch video: Train to Kashmir delivers first batch of cars from factory; why it’s a game changer

contact@dailyupdatesindia.com02 mins

Kashmir on Friday witnessed a first-of-its-kind milestone in automobile logistics, with the arrival of its maiden dedicated car carrier rake by Indian Railways.A special train carrying 116 brand-new Maruti Suzuki vehicles, including Brezza, Dzire, WagonR and S-Presso, rolled into the Anantnag Goods Shed directly from the company’s Manesar plant in Haryana, PTI reported. This marks…

Read More
Taylor swift.jpg

Billion dollar boost loading? Why Taylor Swift’s The Life of a Showgirl album may be just what US Fed & Powell needed – explained

contact@dailyupdatesindia.com03 mins

The Life of a Showgirl (Image courtesy: Taylor Swift Instagram) The US economy is faced with the twin conundrum – growth challenges are mounting, and inflation is not in the US Federal Reserve’s comfort zone. At such a time, the release of Taylor Swift’s latest album, The Life of a Showgirl, may spell good news…

Read More
1759501446 unnamed file.jpg

US market today: Wall Street edges higher as record-setting week nears end; AI optimism drives tech gains amid shutdown

contact@dailyupdatesindia.com02 mins

US stocks continued to climb on Friday, as Wall Street edged toward the finish of another record-setting week, buoyed by optimism around artificial intelligence and hopes of easier interest rates despite a partial government shutdown.The S&P 500 rose 0.2% and is on track for its seventh winning week in nine, while the Dow Jones Industrial…

Read More
1759499976 unnamed file.jpg

Data blackout: Government shutdown halts US employment releases; economic indicators on hold

contact@dailyupdatesindia.com02 mins

The United States has delayed the release of a key employment report as a partial government shutdown entered its third day on Friday, creating uncertainty over the state of the world’s largest economy.Other economic indicators scheduled for publication this week, including weekly unemployment claims, have also been postponed, depriving policymakers and businesses of crucial information…

Read More
1759498509 unnamed file.jpg

‘NPS platform workers model’: HDFC joins Zomato to roll out retirement saving schemes for delivery workers

contact@dailyupdatesindia.com02 mins

Food delivery giant Zomato has joined hands with HDFC Pension to introduce the ‘NPS Platform Workers Model’, a retirement savings scheme for the platform’s delivery partners. The initiative was launched by finance minister Nirmala Sitharaman at a PFRDA event on October 1.According to Zomato, over 30,000 delivery partners have already received their PRANs (Permanent Retirement…

Read More
Us job cuts.jpg

US layoffs to cross 1 million in 2025? 9,50,000 jobs cut so far this year; US government shutdown may add to losses

contact@dailyupdatesindia.com03 mins

The increase in workforce reductions coincides with a slowdown in the labour market. (AI image) The US economy is staring at a prospect where its job losses for the year could cross 1 million! Nearly 95,00,00 layoffs have happened by US employers through September 2025, marking the highest such figures since 2020, according to outplacement…

Read More
1759494152 unnamed file.jpg

Gold rate today: Prices dip Rs 500 to Rs 1,20,600/10g in Delhi; rally ends after 5 days of record highs

contact@dailyupdatesindia.com02 mins

Gold rate today: Gold prices snapped their five-day record-setting rally on Friday, retreating by Rs 500 to Rs 1,20,600 per 10 grams in the national capital as investors booked profits and a mild recovery in the US dollar dampened sentiment.According to the All India Sarafa Association, gold of 99.9 per cent purity had previously surged…

Read More