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Systematix warns India inflation 6%-7% may prompt 1.5% RBI hike
Inflation in India could reach 7%, prompting the Reserve Bank of India to consider further interest rate hikes of up to 150 basis points, according to a Systematix report.
TCS hired 4,500 last quarter, targets 80% digital and AI-skilled
TCS plans for 80% of new hires to possess digital and AI skills, aiming to boost profitability as AI-related revenue grows to 10% of its business.
China and EU agree parity quotas for hybrid car exports
China and the European Union recently engaged in intensive consultations to address hybrid and electric vehicle trade matters, agreeing on export quotas for Chinese hybrids.
Indian mutual funds offload $4.5bn government bonds after RBI hike
Indian mutual funds plan to sell more government bonds following the Reserve Bank of India's rate hike, as expectations for a prolonged rate-tightening cycle grow.
Motilal Oswal gives Campus Activewear buy rating, sets ₹290 target
Motilal Oswal recommends a buy rating for Campus Activewear, setting a target price of Rs 290, driven by anticipated growth in volume and premiumization.
Motilal Oswal gives Suzlon Energy buy call with ₹65 target
Motilal Oswal recommends a buy on Suzlon Energy, setting a target price of Rs 65, as the stock trades at a discount and earnings momentum is expected to strengthen.
HD Fire Protect IPO eyes 712.1cr as GMP nears 32%
HD Fire Protect's IPO is set to open on October 13, with a grey market premium of 32% indicating strong investor interest.
₹10,372-cr IndiaAI mission GPUs likely to serve global clients
IndiaAI Mission companies may sell computing capacity to international clients, addressing domestic demand shortfalls and ensuring investment viability in AI infrastructure.
Motilal Oswal rates Piramal Finance buy with ₹2,480 target
Motilal Oswal recommends a buy rating for Piramal Finance, setting a target price of Rs 2480, citing strong growth prospects and diversified business avenues.
PC Jeweller hits 52-week high, market cap up over ₹2,500cr
PC Jeweller shares soared 5% to a fresh 52-week high, boosting the company's market value by Rs 2,500 crore over four sessions.
RBI tightens cash as ₹25,000cr sale pushes India's 10-year yield
Indian government bond yields surged as the Reserve Bank of India's liquidity tightening measures, including a significant bond sale, pushed the 10-year yield above 7.35%.
Zetwerk IPO priced ₹143-₹151 could net early backers 38x returns
Early investors in Zetwerk, a B2B manufacturing platform, could achieve up to 38-fold returns as the company sets its IPO price band at Rs 143-151 per share.
Bonfiglioli Transmissions IPO ₹558-₹586 seeks up to ₹2,533.66cr from shareholders
Bonfiglioli Transmissions plans to raise up to ₹2,533.66 crore through its IPO, offering shares priced between ₹558 and ₹586 each, with a lot size of 25 shares.
College student lands 50L remote job after building AI editor
A college student secured a Rs 50 LPA job offer by building an AI tool with 13,000 users and emailing 30 startups, receiving another offer within a week.
Bitcoin returns above $84,000 as ether and XRP rise
Bitcoin trades above $84,000 despite significant ETF outflows, as oil prices decrease following a partial easing of U.S. sanctions on Russian imports.
Kristalina Georgieva says AI spending boosts global growth about 3%
AI infrastructure investment is driving global growth at 3%, benefiting Asian economies like Thailand by increasing hardware demand despite energy uncertainties.
Tonbo Imaging launches offer for sale IPO priced ₹665-₹700
Defence electronics maker Tonbo Imaging India has set a price band of ₹665-700 per share for its ₹852-crore IPO, opening for subscription from October 15 to October 19.
AI beat humans in Metaculus Cup, predicts markets and events
Several startups are leveraging AI to outperform experts in forecasting diverse topics, from stock market trends to geopolitical events, revolutionizing decision-making processes.
Indian markets open higher with Sensex up 178 points
Benchmark indices Sensex and Nifty rose in early trade on October 12, 2026, as oil prices eased, with Sensex gaining 178 points and Nifty climbing 76.20 points.
KOSPI falls nearly 2% as Middle East tensions rise
South Korean shares fell nearly 2% on Monday due to renewed Middle East tensions, raising concerns over global energy supplies and prompting foreign investor selling in the market.
USDA forecasts India rice exports 24 million tons by 2027
India's rice exports are projected to fall by 4% to 24 million tonnes in 2027 due to El Nino impacts, reduced paddy acreage, and rising domestic prices.
Moonshot seeks settlement amid Recurrent.ai accusations and Hong Kong IPO
Top executives of Chinese AI startup Moonshot are negotiating a settlement with a shareholder over alleged wrongdoing, as they prepare for a planned Hong Kong IPO, sources say.
1,000 tons in 8-months: Why China is aggressively buying gold
China's central bank, the People's Bank of China (PBOC), has been on a gold-buying spree for 23 consecutive months.
Indian rupee rises 98 paise to ₹95.75 after RBI rule
The Indian rupee strengthened by 98 paise to open at 95.75 per dollar as the RBI intensified efforts to curb dollar demand, impacting forward premiums.
RBI raises daily minimum CRR to 99% for scheduled banks
The Reserve Bank of India has increased the minimum daily Cash Reserve Ratio maintenance requirement for scheduled banks to 99%, effective October 16, 2026.
Ola Electric's ₹1,000cr rights issue: last day under SEBI T+1
Today marks the final opportunity for investors to purchase Ola Electric shares to qualify for the Rs 1,000 crore rights issue, with a discounted price set at Rs 27 per share.
Piyush Goyal pledges government backing to help startups go global
Commerce and industry minister Piyush Goyal urged Indian startups to expand internationally, while Satyan Gajwani highlighted India's lag in artificial intelligence development.
Amazon in talks to acquire AI start-up Decart for $7B
Amazon is said to be in talks to acquire artificial intelligence (AI) start-up Decart for $7 billion.
HVDC upgrades and data center demand boost India capital goods
India's expanding power transmission network and rising data centre demand are set to boost the engineering and capital goods sector, according to 360 ONE Capital.
Oil prices fall as Trump announces Russia-Ukraine 'energy ceasefire'
Oil prices witnessed a decline on Monday, owing to US President Donald Trump's announcement of an "energy ceasefire" between Russia and Ukraine.
R.K. Fashion Accessories debuts on NSE SME after 2.7x subscription
R.K. Fashion Accessories is set to debut on the NSE SME platform today, with a grey market premium indicating an expected listing price of Rs 84 per share.
RBI intervention helps rupee recover from near record offshore low
The Indian rupee gained in offshore trading as the Reserve Bank of India implemented aggressive measures to support the currency, preventing it from hitting a record low.
Oil falls after Trump announces Ukraine Russia energy facilities ceasefire
Crude oil prices fell, with Brent at $103.35 a barrel, as increased Russian supplies offset concerns over Middle East tensions and potential supply disruptions.
TSMC set for 6th straight record profit quarter from AI
TSMC is poised to announce its sixth consecutive quarter of record earnings, fueled by robust demand for AI chips and advanced packaging technology, CoWoS.
Gold near $4,200.23 as investors await US CPI and PPI
Gold prices remained stable in early Asian trading on Monday, with investors anticipating key US inflation data that could influence the Federal Reserve's interest rate decisions.
RBI tightens hedging rules as costs could rise 80-150 bps
The Reserve Bank of India has implemented measures to curb corporate hedging activities, aiming to stabilize the rupee amid rising oil prices and foreign equity outflows.
Gold and silver jump before US inflation and Fed action
Gold and silver prices rose in international markets as investors awaited US inflation data and signals on the Federal Reserve’s interest rate outlook.
BP withdraws from World Petroleum Council Energy Congress in Riyadh
BP has withdrawn from the World Petroleum Council Energy Congress in Riyadh due to safety concerns following a missile attack on the city's international airport.
Markets seen opening flat amid Q2 results and RBI concern
Indian stock markets are expected to open flat to negative on Monday, with focus shifting to Q2 results and inflation data amid global uncertainties and elevated crude oil prices.
SEBI mandates credit risk-o-meter across issuer and online bond platforms
SEBI introduces a colour-coded Credit Risk-o-Meter for bonds, enhancing transparency and helping investors quickly assess the credit risk of debt securities before investing.
KOSPI slides 22% with turnover down 70% in 2026
South Korea's stock market, once thriving on AI investments, faces a 22% decline as investor interest wanes, with turnover plummeting 70% since its peak.
Indian mutual funds hold 11.7% vs FPIs below 14% Sept
Indian mutual funds now hold 11.7% of domestic equities, narrowing the ownership gap with foreign portfolio investors, whose share has fallen below 14% since May 2021.
ET Startup Awards: Satyan Gajwani sees startups embrace deep tech
Government support and patient capital are driving India's transition into deep technology sectors, including AI and semiconductor chips, according to Satyan Gajwani.
NTPC and Eskom in talks to boost South Africa's renewables
NTPC Ltd is negotiating a green energy collaboration with South Africa's Eskom, aiming to enhance clean energy generation and support Eskom's ageing thermal plants.
India manufacturing startups see funding jump to $1.92B YTD 2026
India's manufacturing startups are thriving due to Covid-induced supply-chain disruptions and supportive government policies, attracting significant investor interest.
India considers local inverters and domestic-content batteries for rooftop solar
India is considering mandating locally made inverters and domestic battery components in the next phase of its rooftop solar scheme to boost energy security.
TCS embraces AI as revenue source exceeding $3 billion
TCS CEO K. Krithivasan highlights a structural shift, with traditional IT services growth slowing as enterprises increasingly invest in AI, now over 10% of TCS's business.
IBM India's Usha Srikanth: coding now 10% of project work
IBM India's Usha Srikanth highlights AI's transformative role, reducing code building to 10% of tech programmes, emphasizing the need for human judgement and critical thinking.
TCS says AI revenue over $3bn and 10% of business
TCS CEO Krithivasan highlights a shift towards AI, with annualised AI revenue surpassing $3 billion, offsetting traditional service declines.
Zetwerk Manufacturing valued near ₹26,000 cr opens IPO Oct 15
Zetwerk Manufacturing has set a price band of ₹143-₹151 per share for its ₹5,012 crore IPO, opening on October 15 and closing on October 19.
India smartphone sales likely down 12% while value up 5%
India's smartphone sales are projected to decline by 12% in volume this festive season, despite a 5% growth in market value due to a shift towards pricier devices.
Bayer assessing India consumer health products easing GLP-1 side effects
Bayer AG is exploring opportunities to introduce products in India that address side effects of GLP-1 obesity drugs, aiming to expand its consumer health business.
India examines China roadblocks to services exports: data visa cybersecurity
India is assessing the trade barriers faced by its services exporters in China, focusing on licensing, data regulations, and professional mobility to enhance export potential.
India to introduce GST e-invoicing for imports and unregistered suppliers
The Indian government plans to extend GST e-invoicing to imported services, affecting businesses with over ₹5 crore turnover, aiming to reduce tax liability mismatches.
Reduce SLR to promote job-intensive manufacturing in India: Amitabh Kant
Amitabh Kant, former CEO of NITI Aayog, has called for a reduction in the statutory liquidity ratio (SLR) to promote job-intensive manufacturing in India.
Alpha Wave might sell 1.6% stake in Lenskart for ₹1,691cr
Global investment firm Alpha Wave Ventures LP is planning to sell up to a 1.6% stake in omnichannel eyewear retailer Lenskart via a block deal, CNBC-TV18 reported citing sources.
India's e-commerce festive sales touch ₹24,000cr in first 2 days
India's e-commerce companies have raked in business worth around ₹24,000 crore in the first two days of the ongoing festive season sale.
World Bank in talks with 30-40 countries for crisis aid
The World Bank is currently engaged in discussions with 30 to 40 countries for potential crisis aid.
Japan becomes top FDI source for India in Q1 FY27
Japan has emerged as the biggest source of foreign direct investment (FDI) into India during the April-June quarter of FY27.
1 in 4 travelers booked multiple festive trips last year
According to a report by backpacker hostel chain Zostel, nearly one in four travelers booked multiple festive trips between October and December last year.
India to achieve $1 trillion exports this fiscal: Piyush Goyal
India is poised to achieve over $1 trillion in exports during the current financial year, Commerce and Industry Minister Piyush Goyal announced.
SBI warns of 'jumped deposit' scam: How to stay safe?
The State Bank of India (SBI) has issued a warning about a new form of fraud called the "jumped deposit" scam.
FPIs pull out ₹44,166cr from Indian equities in October
Foreign portfolio investors (FPIs) have pulled out ₹44,166 crore from Indian equities in October. The withdrawal takes the total outflows for the year to over ₹3 lakh crore.
Why Infosys isn't worried about suspension of US PERM program
Infosys has said that the recent suspension of new and pending applications under the Permanent Labor Certification (PERM) program by the US will not have a material impact on its operations.
Suzlon's new AI-powered wind blade factories to create 3,000 jobs
Suzlon Group is investing ₹550 crore to establish three AI-powered wind blade factories.
Green-Card suspension: What happens to investments on returning to India?
The Trump administration has suspended several tech giants including Microsoft, Infosys, Cognizant, Tata, Wipro, HCL Technologies, Capgemini and Adobe from the Permanent Labor Certification Program (PERM).
Developing countries facing energy crisis, El-Nino, high borrowing costs: UN
Developing countries are facing a major crisis due to rising energy costs, the El Nino weather phenomenon, and high borrowing costs.
India aims to boost steel-production capacity to 604MMT by 2047
India has unveiled a draft steel policy, aiming to ramp up the country's steel production capacity from the current 220 million metric tons (MMT) to an ambitious 604 MMT by 2047.
SEBI to release new closing auction guidelines
The Securities and Exchange Board of India (SEBI) is set to issue new guidelines for price settlement in the derivatives segment during the closing auction session.
Jeff Bezos invests $100M to turn neglected land into parks
Amazon founder Jeff Bezos is investing $100 million to transform neglected urban land into parks in eight US cities.
Russia has partially lifted a ban on diesel exports
Russia has announced the partial lifting of its diesel export ban, effective immediately.
Why US is releasing 4M barrels from strategic oil reserves
The United States has authorized the release of up to four million barrels of crude oil from its Strategic Petroleum Reserve (SPR).
India-US trade deal will keep changed circumstances in mind: Goyal
Commerce and Industry Minister Piyush Goyal has said that the India-US trade pact will be finalized in line with changing circumstances.
Trump probes TV networks over White House coverage boycott
The US Justice Department is investigating five major television networks for potential violations of antitrust laws.
Air India offering big discounts for students: Check offers
Air India is offering a flat 10% discount on domestic base fares for eligible one-way and round-trip bookings made by October 20.
DMart parent's Q2 profit jumps 8.5% YoY to ₹743cr
Avenue Supermarts, the company behind popular supermarket chain DMart, has reported an 8.5% year-on-year (YoY) rise in its consolidated net profit for the second quarter of FY27.
Eternal supports livelihoods of over 1% of Indians: Deepinder Goyal
Deepinder Goyal, the founder of Zomato, has revealed that his company's parent firm, Eternal, supports over 1% of India's population.
RBI to sell government securities worth ₹25,000cr on October 13
The Reserve Bank of India (RBI) will conduct an open market operation (OMO) sale auction of government securities worth ₹25,000 crore on October 13.
India's office space leasing down 20% in Jan-Sep: Report
The net leasing of office spaces in India has witnessed a sharp decline of 20% during the January-September period, according to a report by real estate consultant Cushman & Wakefield.
Sridhar Vembu refutes Musk's claim of Starlink facing license issues
Sridhar Vembu, the co-founder and chief scientist of Zoho Corporation, has responded to Elon Musk's allegations about regulatory challenges for Starlink in India.
ED arrests Sadhna Group chairman in ₹168cr money laundering case
Rakesh Kumar Gupta, the Chairman of Delhi-based media and broadcast company Sadhna Group, was arrested by the Enforcement Directorate (ED) on Friday.
Euro hits 17-month low against dollar: What's the reason?
The euro has witnessed a major fall, with the currency hitting a 17-month low of $1.1161 on Monday.
India Post to expand drone delivery across 110 Himachal routes
In a major leap toward modernization, India Post has announced the expansion of its drone-based mail and parcel delivery service.
Automattic's interim finance chief departs weeks after boardroom shakeup
Automattic's interim Chief Financial Officer (CFO) Jeremy Klaperman has resigned from his position, just weeks after taking on the role.
India's AI sector lacks scale for IPOs, says Piyush Goyal
India's Commerce Minister, Piyush Goyal, has said that the country's artificial intelligence (AI) sector is not yet at a stage where it can support stock market listings.
Jev AI model creator TypeSafe raises $870M at $7.5B valuation
TypeSafe AI, the company behind the revolutionary Jev artificial intelligence (AI) model, has raised $870 million at a whopping $7.5 billion valuation.
Diet Coke cans have become costlier in India
Some Coca-Cola bottlers and retailers in India have increased the price of Diet Coke by a whopping 40%.
EU strikes a preliminary trade deal with China
The European Union (EU) and China have struck a preliminary trade deal aimed at addressing trade imbalances between the two economic giants.