US Commerce Department

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Last Updated: Just Now

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Macro Economy & Fiscal Policy Just now (03:28 AM IST)

US Dollar Slips After Softer US Inflation Print Reduces Fed Rate Pressure

The US dollar weakened against major currencies after fresh inflation data came in below economists’ expectations, reinforcing bets that the Federal Reserve may have less urgency to keep policy tight. The Commerce Department said the Personal Consumption Expenditures Price Index rose 0.3% last month, short of the 0.4% forecast, prompting a drop in US Treasury yields and a reassessment of the rate outlook.

By RDU Global Wire5 min read

World Politics & Diplomacy2h ago

U.S. Signals Deeper Energy and Trade Ties as Guinea-Bissau Marks 53rd National Day

Secretary of State Marco Rubio used Guinea-Bissau's 53rd National Day to reaffirm Washington's interest in a growing economic partnership, with particular emphasis on energy. In a Sept. 24, 2026 statement, he said the United States is deepening cooperation and expanding trade and investment opportunities that he said should benefit both Americans and Bissau-Guineans.

4 min readRead →

Global Society & Public Affairs3h ago

U.S. Pledges Additional $31 Million to Help Nepal Rebuild After Deadly Floods

The United States said it will provide an additional $31 million to support Nepal's flood recovery, expanding aid for bridges, water and sanitation, shelter, livelihoods and disaster-response tools. The announcement came after Under Secretary of State for Political Affairs Allison Hooker met Nepalese Foreign Minister Shisir Khanal in New York and expressed sympathy for those affected, including the families of about 70 Americans still unaccounted for.

4 min readRead →

Macro Economy & Fiscal PolicyJust now (06:45 AM IST)

Cumulative FDI Surges to $843 Billion Amid Record Inflows in 2025-26

India's cumulative Foreign Direct Investment (FDI) has reached an unprecedented $843 billion from 2014 to 2026, with a record $94.53 billion inflow in the last fiscal year, according to Commerce and Industry Minister Piyush Goyal.

4 min readRead →

India & World Affairs6m ago

India, Australia Push for Deeper Trade Ties as Goyal Signals New Investment Pact

India and Australia are working to broaden their 2022 trade agreement into a more comprehensive economic cooperation pact, while also negotiating a bilateral investment treaty, Commerce and Industry Minister Piyush Goyal said on Friday. Speaking virtually at ICAI's first Oceania International Conference 2026 in Australia, Goyal said the two countries are also looking to expand cooperation in education, critical minerals and tax coordination.

5 min readRead →

National Governance & Policy1h ago

CEA Warns Trade Is Being Weaponised as India Faces New Capital Headwinds

India's Chief Economic Adviser V. Anantha Nageswaran said global trade has been turned into a tool of coercion, arguing that the US, China and the EU are all using trade restrictions, export licensing and supply-chain chokepoints to advance strategic goals. He cautioned that unsettled ties with Washington, the lack of an AI-led investment story and higher global bond yields could weigh on foreign capital flows into India in the near term.

5 min readRead →

National Governance & Policy1h ago

India Revises Anti-Dumping Duty on Jute Imports from Bangladesh and Nepal, Grants Zero Duty to Select Producers

India's Ministry of Finance has revised anti-dumping duties on imports of jute yarn, hessian fabric and jute sacking bags from Bangladesh and Nepal, setting zero duty for specific producers while imposing higher rates on others. The updated structure follows the Directorate General of Trade Remedies' mid-term review and will remain in force for the rest of the existing duty period, originally imposed in December 2022.

5 min readRead →

Markets, IPOs & Wealth2h ago

True North Buys Minority Stake in IPO-Bound InMobi in $50-60 Mn Deal

Private equity firm True North has reportedly acquired a minority stake in adtech and commerce company InMobi through a secondary transaction valued at about $50-60 million, according to a Livemint report. The deal, which includes a small primary component, comes as InMobi accelerates preparations for a public listing in India and continues reshaping its cap table ahead of a potential IPO.

5 min readRead →

Banking, Fintech & Insurance2h ago

Pine Labs Turns the Corner as Payments Pioneer Builds an AI-Driven Fintech Stack

Pine Labs has evolved from a point-of-sale hardware provider into a broad fintech platform spanning checkout, consumer finance, gift cards, issuing and banking infrastructure, with more than 11.5 lakh merchants across India, Southeast Asia and the Middle East by Q1 FY27. After years of heavy expansion and losses, the company posted its first full-year consolidated profit in FY26, though its latest quarterly results show the turnaround remains sensitive to business mix and continued investment.

5 min readRead →

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Entities frequently referenced alongside US Commerce Department:

United States(1)Federal Reserve(1)