The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won support from most of President Donald Trump's central bank appointees.

Congress president Mallikarjun Kharge and party leader Rahul Gandhi on Wednesday extended greetings to Prime Minister Narendra Modi on his 75th birthday.

"Best wishes to Prime Minister Narendra Modi Ji on his birthday. May he be blessed with good health and long life," Kharge posted on X.

In a bid to expand its domestic operations, Adani Ports and Special Economic Zone (APSEZ) is now planning to invest ₹30,000 crore in the next two years, The Economic Times reported.

The majority of this investment will go into the Mundra (Gujarat), Dhamra (Odisha), and Vizhinjam (Kerala) ports, and this is over twice the ₹11,000–12,000 crore investment the company had projected for the current fiscal year.

Shares of One Mobikwik fell over 3 per cent on Wednesday after the company reported that some merchants in Haryana colluded to claim unauthorised settlements worth ₹40 crore.

The fintech stock fell as much as 3.53 per cent during the day to ₹300.3 per share, the biggest intraday fall since September 9 this year.

Trade discussions between the US and India on Tuesday were described as “positive” and “forward-looking”, after US President Donald Trump adopted a more conciliatory tone following the additional 25 per cent tariffs on India over its purchase of Russian oil.

A US delegation led by Brendan Lynch, Assistant US Trade Representative for South and Central Asia, met Indian trade officials headed by Chief Negotiator Rajesh Agrawal in New Delhi on Tuesday.

US President Donald Trump on Tuesday dialled Prime Minister Narendra Modi and greeted him on his 75th birthday, in a significant gesture seen as part of Washington's efforts to reset ties with New Delhi.

In a social media post, Modi said like Trump, he is also "fully" committed to taking the India-US Comprehensive and Global Partnership to "new heights".

Prime Minister Narendra Modi turned 75 on Wednesday, with the BJP launching over a fortnight long "Sewa Pakhwada" to mark the birthday of its preeminent leader.

The BJP-run governments at the Centre and states have lined up an array of outreach, welfare, development and awareness programmes, ranging from health camps to cleanliness drive, get togethers of intellectuals and fairs to promote indigenous products across the country till October 2.

Troubled Indian budget carrier SpiceJet said on Tuesday it will lease eight additional Boeing 737 aircraft to bolster its fleet ahead of the festive and winter season.

The latest deal takes the airline's total fleet additions to 18 aircraft, including two earlier agreements to lease 10 Boeing jets scheduled for delivery starting in October.

The Indian Institute of Technology Hyderabad aims to ensure that India is not just a participant but a key player in shaping the 6G technology, which is expected to be rolled out by 2030, Professor Kiran Kuchi, leading telecommunications researcher at the premier institute has said.

Israel's defence minister said Tuesday that Gaza is burning after heavy strikes overnight targeted Gaza City.

Defence Minister Israel Katz's remarks come as Israel has been planning a new offensive targeting Gaza City.

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