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YOU WONT BELIEVE: Sp - You Need To See This

'Agar aap le aayenge...': Akhilesh on Akash Anand's possible entry into SP

Akhilesh Yadav hinted at welcoming Akash Anand into the Samajwadi Party. Mayawati declared her nephew completely freed from her Bahujan Samaj Party. Anand was previously removed from organizational responsibilities in September. His recent public remarks targeted Yadav and Rahul Gandhi. This development follows Mayawati's concerns about Anand's divided loyalties.

The Economic Times

Mexico's 2027 Budget: Where the Money Really Goes — and What It Means for Your Wallet

Mexico's 2027 budget targets a 3.9% deficit and more infrastructure spending, but the real 2025 shortfall ran higher than officials reported.

Latin Times

Dear Trade Desk Stock Fans, Mark Your Calendars for September 21

The Trade Desk stock has become one of Wall Street’s most hated stocks, and things are about to get worse.

Barchart

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IDFC FIRST Bank earns international credit rating, marking a step towards global financial markets

IDFC FIRST Bank has been awarded a BBB- Long-Term and A-3 Short-Term credit rating, underscoring its strong capital position and operational expertise. This evaluation enhances the bank's access to international funding and global markets. The stability of its retail deposit base contributes to a solid outlook, setting the stage for…

The Economic Times

3 Stocks Built for Higher Rates—And 2 That Could Break

As Treasury yields near 4.79% amid rising rates, analysts argue the borrowing-cost-versus-return spread, not the headline rate, best explains winners like ASML and GE Vernova versus laggards like Oracle and Rocket.

MarketBeat

Sun Pharma gets ratings boost from Moody's, S&P over USD 11.75-bn Organon & Co acquisition bid

Rating agencies Moody's and S&P assigned investment-grade ratings to Sun Pharmaceutical Industries. This action follows Sun Pharma's proposed acquisition of US-based Organon & Co. The deal is expected to significantly bolster Sun Pharma's business position and revenue base. Organon will contribute substantially to the group's earnings after the acquisition. This…

The Economic Times

S&P assigns Bank of India 'BBB' rating on capital, funding strength

S&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and healthy liquidity for the bank. The agency noted the likelihood of extraordinary government support if needed for the state-run bank. Bank of India's role in financial inclusion and strong government…

The Economic Times

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90-Minute Lucknow meet: CJP co-convener Ranka's courtesy call on Akhilesh Yadav sparks political buzz

A meeting between Ashutosh Ranka of CJP and Akhilesh Yadav of SP fueled political speculation. Ranka clarified CJP's focus remains non-electoral advocacy and thanked SP for their support. Discussions included the Uttar Pradesh government's closure of primary schools. Both SP and CJP now emphasize state-run educational institutions nationally.

The Economic Times

MPSC exam paper leak: Aspirants protest in Pune; NCP (SP), Cong leaders back agitation

MPSC aspirants marched in Pune demanding transparency and action against alleged paper leaks. They called for the resignation of the MPSC chairman and secretary. Protesters sought an inquiry into the Drug Inspector exam and evaluation errors. They also demanded a forensic audit of examinations and public disclosure of reports.

The Economic Times

"GDP figure being projected is not real": Akhilesh Yadav takes swipe at Centre over economic claims, unemployment

Samajwadi Party chief Akhilesh Yadav questioned the government's economic growth projections. He stated that rampant unemployment and high inflation contradict official GDP figures. Yadav highlighted deteriorating infrastructure and public services as evidence of neglect. Prime Minister Narendra Modi previously spoke about India's strong economic growth and job creation. India's real…

The Economic Times

Supreme Court to hear on Sept 7 plea seeking guidelines to control unpredictable fluctuations in airfare

The Supreme Court will hear a plea concerning unpredictable airline fare fluctuations. The government is fast-tracking new aviation rules aimed at modernizing the sector. These rules are expected to be finalized within three weeks for court review. The plea seeks a regulator for transparency and passenger protection. It highlights airlines…

The Economic Times

Private equity faces existential crisis in US as unsold companies pile up

Private equity firms and the companies they own employ over 13 million, from startups to rural hospitals and large retailers, but experts’ concerns of collapse are growing

The Guardian - US

Yogi Adityanath says BJP will win 2027 UP polls with ‘grand majority’ on welfare, development

Uttar Pradesh Chief Minister Yogi Adityanath predicts a comfortable BJP victory in the 2027 elections. He stated that faith is translating into economic prosperity across the state. Beneficiaries of welfare and development programs will support the party. The chief minister highlighted the significant tourism potential of the Braj region. He…

The Economic Times

31-member joint panel formed to examine FCRA Amendment Bill; BJP’s Sanjay Jaiswal named chairperson

A 31-member joint parliamentary committee will examine the Foreign Contribution (Regulation) Amendment Bill, 2026. BJP leader Sanjay Jaiswal chairs the panel, which includes members from Lok Sabha and Rajya Sabha. Opposition parties had previously protested the bill, alleging it targeted minorities and NGOs. The government rejected these claims and challenged…

The Economic Times

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The Economic Times

India's economy shatters a 35-year barrier to enter A-rated club

Indian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for India after more than 35 years. The upgrade follows rating increases by Morningstar DBRS, R&I and S&P Global Ratings. India’s strong economic growth, improving fiscal position, stronger banking…

Ballotpedia

SEC moves to eliminate shareholder proposal rule, shift power to states

In this week’s edition of Economy and Society:

Barchart

Stocks Settle Lower as Bond Yields Surge

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.71% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.79%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.29%. E-mini S&P futures (ESU26 ) fell -0.71%, and September E-mini...

The Economic Times

S&P Global weighs multibillion-dollar spinout of Capital IQ Pro: Report

S&P Global is considering spinning off Capital IQ Pro into a standalone company that could be valued in the high single-digit billions of dollars, Bloomberg reported. The move could unlock value from its financial data platform as demand for proprietary data grows with artificial intelligence and reshape S&P Global's portfolio…

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Barchart

Stocks Pressured as Soaring Crude Prices Boost Bond Yields

The S&P 500 Index ($SPX ) (SPY ) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.23%. E-mini S&P futures (ESU26 ) are down -0.40%, and September E-mini...

The Economic Times

4 armed men killed in encounter with Meghalaya Police-ATS

Four armed men died during a gunfight with police in East Garo Hills district. The exchange of fire occurred early Sunday morning after a vehicle failed to stop. Security forces retaliated after occupants of the suspected vehicle opened fire. Their identities are currently unconfirmed and criminal records are being verified.…

The Economic Times

Akhilesh Yadav slams Yogi's promise of 'one lakh jobs' months before UP assembly polls

Samajwadi Party chief Akhilesh Yadav criticised Uttar Pradesh Chief Minister Yogi Adityanath’s promise to provide one lakh jobs, saying the announcement comes ahead of the 2027 Assembly elections and before the model code of conduct is expected to take effect. He also accused the BJP government of corruption and failing…

The Economic Times

Widow loses family pension after 7 years: Government notification issued in 2005 can’t be applied retrospectively, rules Patna High Court

Govt employee died in a naxalite bomb blast in 2003. His widow received an ex gratia payment and a seven-year family pension. She sought an extended pension based on a 2005 government policy. The Patna High Court ruled the policy could not be applied retrospectively. Read the article to know…

The Economic Times

Mafias who ran parallel govt in UP reduced to dust by BJP: Yogi Adityanath

Chief Minister Yogi Adityanath targeted previous governments for alleged corruption and misrule. He stated that Uttar Pradesh has transformed significantly since 2017. Mafias have been curbed, and the state now boasts good development and security. Previous governments neglected essential services and public welfare programs.

Barchart

S&P Futures Tread Water Ahead of Warsh’s Jackson Hole Speech; Marvell Sinks After Earnings

September S&P 500 E-Mini futures (ESU26) are down -0.05% this morning as investors hold their breath ahead of Fed Chairman Kevin Warsh’s first Jackson Hole speech.

The Economic Times

S&P affirms India ratings at 'BBB/A-2' with 'stable' outlook

S&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term pressures. Growth is expected to moderate this fiscal year due to shocks. However, diversification and investment will support future economic expansion. Fiscal consolidation is expected to gradually reduce government debt levels.

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