More than 2,000 people went off-roading along the Magnificent Mile in downtown Chicago over the weekend, as EV automaker Rivian turned Pioneer Court into a pop-up wilderness course.
A federal trial in Amazons hometown will examine whether the online retailing giant tricked customers into signing up for its Prime service and made it difficult to cancel after they did so.
Economists are largely suggesting the Reserve Bank of India (RBI) to pause policy rates, encouraged by lower inflation and strong economic growth. Market participants are expected to advocate for a rate reduction, aligning with the US Federal Reserve's recent cut. The monetary policy committee is scheduled to meet, with the rate decision to be announced on October 1.
Nomura projects stable government borrowing for the second half of fiscal year 2026. The borrowing calendar is expected soon after discussions with the Reserve Bank of India. Chief Economic Advisor, V Anantha Nageswaran, confirmed no changes. Nomura anticipates a shift towards shorter-term bonds. Direct tax collections rose by 9.2% in H1FY26.
The CBIC is monitoring price changes of essential goods after the GST rate cuts on September 22nd. Field officials are collecting data from retailers and e-commerce platforms to ensure that the tax benefits are passed on to consumers.
