Board of Innova Captab approves investment of Rs 50 cr for purchase of land

Mumbai, Sept. 3 -- The board of Innova Captab at its meeting held on 03 September 2026 has accorded in-principle approval for the acquisition of land with an estimated investment of approximately Rs 5... Read More

Balu Forge acquires state-of-the-art ring rolling production line

Mumbai, Sept. 3 -- Balu Forge Industries announced the successful acquisition of a state-of-the-art ring rolling production line capable of producing forged rings up to 6.7 meters in Outer Diameter (O... Read More

Economic Buzz: China services sector growth increases in August

Mumbai, Sept. 3 -- The RatingDog China General Services Business Activity Index came in at 51.4 in August, above the neutral 50 mark, and up from the previous month's 50.4, according to Thursday's rel... Read More

Economic Buzz: US factory orders rise 0.9% in July

Mumbai, Sept. 3 -- New orders for manufactured goods in the United States stood at $663.6 billion in July, rising 0.9% month-over-month, the US Census Bureau reported on Wednesday. Shipments rose by ... Read More

Commodities Buzz: US natural gas inventories surge 30 BCF

Mumbai, Sept. 3 -- Working natural gas in storage across the US rose by 30 billion cubic feet (Bcf) in the week ending August 28, compared to the previous seven-day period, to reach 3,214 Bcf, the Ene... Read More

Economic Buzz: US mortgage applications up 0.8%

Mumbai, Sept. 3 -- Mortgage applications in the United States increased 0.8% in the week ending August 28, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey pub... Read More

Economic Buzz: US employment up by 38,000 in August; ADP reported

Mumbai, Sept. 3 -- Private payrolls in the United States rose by 38,000 in August, Automatic Data Processing Inc. (ADP) said in its report published on Wednesday. Education and health services record... Read More

Economic Buzz: US composite PMI hits four and half year high

Mumbai, Sept. 3 -- The United States Composite PMI Output Index hit 56 in August, up from July's 54.5 and marking the highest reading in 52 months, S&P Global said in its final report on Thursday. Mea... Read More

RBI forex swap scheme attracts $127.23 billion through FCNR(B) deposits

Mumbai, Sept. 3 -- The Reserve Bank of India (RBI) on Wednesday said forex inflows under its special USD-INR forex swap facility stood at $136.38 billion as of 31 August 2026, according to provisional... Read More

Nifty set for positive opening as Asian market rebounds

Mumbai, Sept. 3 -- GIFT Nifty: GIFT Nifty September 2026 futures were up 17.50 points, indicating a positive opening for the Nifty 50. The Foreign Currency Non-Resident Bank (FCNR-B) deposits brough... Read More

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