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Nasdaq tumble on October 30 raises doubts about AI funds
The recent Nasdaq selloff, driven by concerns over AI spending, has led to significant declines in US-focused mutual funds, with some technology funds falling up to 11% in a month.
Bajaj Auto posts 14% October sales rise to 591,876 vehicles
Bajaj Auto reported a 14% year-on-year increase in total sales for October, with significant growth in both two-wheelers and commercial vehicles.
PC Jeweller stock slips after SEBI warnings to 2 executives
PC Jeweller shares fell over 4% after Sebi issued warning letters to senior executives for failing to maintain a structured digital database linked to a 2025 business update.
Indian government bonds rally as Brent falls amid Iran talks
Indian government bonds rallied as crude oil prices declined, driven by hopes of a US-Iran deal, which is expected to boost market demand and alleviate inflation concerns.
Emirates NBD stake in RBL Bank targets 350 million Indians
Emirates NBD is deepening its presence in India, focusing on strategic investments and leveraging its technological expertise following the acquisition of a stake in RBL Bank.
Bank of Japan expected to raise rate in December 2026
The Bank of Japan is likely to raise interest rates to 1.5% in December, but uncertainty surrounds further increases as the central bank assesses economic impacts.
HSBC, HKUST to launch Hong Kong AI institute early 2027
HSBC plans to establish an artificial intelligence institute in Hong Kong by early 2027, expanding its AI initiatives after launching a similar center in Singapore.
OMRON Healthcare starts full-scale production at 1st Chennai-area plant
Omron Healthcare has launched full-scale production of blood pressure monitors at its first Indian facility near Chennai, aiming for a tenfold capacity increase by 2028.
October 2026 Indian startup funding down 47.5% to $678 million
Indian startups raised $678 million in October, marking a 47.5% month-on-month decline, as the absence of large funding rounds significantly impacted overall investments.
Delhivery stock up almost 10% after ₹40.6 cr Q2 profit
Shares of Delhivery rose nearly 10% following strong Q2 results, with analysts predicting up to a 42% upside due to improved operational performance and positive future outlook.
India manufacturing PMI slips to 54.7 in October while expanding
India's manufacturing PMI eased to 54.7 in October, indicating moderated growth, while export orders surged to their highest pace in six months.
October 2026 Indian equities outpace Asia-Pacific as IT sector strengthens
Indian equities excelled in October, driven by a shift from AI-sensitive North Asian markets to IT services, outperforming the broader Asia-Pacific region by 7 percentage points.
PhonePe invest records 50% new-user spike and 80% signup rise
PhonePe Invest experienced a 50% increase in new customer additions in October 2026, following its transformation and introduction of innovative tools like the Portfolio Optimiser.
Gold and silver rebound as oil falls, easing inflation worries
Gold prices climbed above $3,900 per ounce, while silver exceeded $50, as declining oil prices alleviated inflation worries and supported the recovery of precious metals.
Foxconn explores OpenAI partnership after Young Liu met Sam Altman
Foxconn is in discussions with OpenAI for a new partnership, as Chairman Young Liu asserts the AI industry is not experiencing a bubble.
Indian rupee at 94.97 per US dollar despite oil fall
The rupee fell 21 paise to 94.97 against the U.S. dollar on November 2, 2026, as the American currency strengthened in overseas markets.
Bitcoin up 1% to $78,600 as investors eye US midterms
Bitcoin rose about 1% to roughly $78,600 as markets stabilized following a record $6.3 billion hack at Binance, marking its third consecutive day of gains.
EAAA India Alternatives opens at ₹1,675.50 NSE, ₹1,673 BSE
Shares of EAAA India Alternatives Ltd. debuted at a slight premium on November 2, with NSE listing at ₹1,675.50 and BSE opening at ₹1,673 against the issue price of ₹1,665.
RIL shares jump 6% as company reports record quarterly performance
Shares of Reliance Industries Limited (RIL) jumped 6% to ₹1,238.70 today, following the company's strongest-ever quarterly performance.
Bitcoin rebounds 1.09% to near $78,542 amid ETF outflows
Bitcoin surged near $78,542, recovering 1.09% in 24 hours after last week's sell-off to a six-week low, as crypto markets show signs of stabilization.
Sensex jumps over 950 points as BSE gains nearly ₹4L/cr
The Indian stock market surged on Monday, with Sensex soaring over 950 points and Nifty surpassing 23,300, driven by factors like falling oil prices and strong corporate earnings.
Sensex jumps 1,000 points: What's behind today's rally?
India's stock market indices, the Sensex and Nifty, opened on a high note today. The surge comes as oil prices retreated from a six-month high amid ongoing talks to end the US-Iran war.
New airfare rules make cancellation charges, refund terms upfront
The Indian government has introduced a new set of aviation rules, mandating airlines to clearly display cancellation charges and refund conditions.
Jio Platforms shares climb over 3% after ₹8,389cr September profit
Jio Platforms shares rose over 3% following a 14% year-on-year increase in Q2 net profit to Rs 8,389 crore, driven by subscriber growth and digital services expansion.
Sensex opens nearly 900 points higher, Reliance Industries profits rise
Sensex surged nearly 900 points as oil prices fell, while Nifty futures indicated a positive start amid ongoing talks to end the Iran conflict.
Indian rupee opens stronger at 94.89 per $1, Asia slips
The Indian rupee opened slightly higher at 94.89 against the US dollar, while most Asian currencies, including the South Korean Won and Malaysian Ringgit, traded lower.
Cisco taps Padmanabhan Krishnamurthy to rewrite 98% of legacy code
Cisco president Jeetu Patel entrusts 27-year-old Padmanabhan Krishnamurthy with the ambitious task of rewriting 98% of the company's legacy code, providing him unlimited AI tokens.
Spot gold $3,894.89 near year low amid Fed tightening talk
Gold and silver prices hover near a one-year low as expectations of a US Federal Reserve rate hike in December weigh on the precious metals market.
US tech giants' debt surges to $578B amid AI buildout
The combined debt of the Magnificent Seven tech giants has soared 45% to $578 billion by mid-2026, driven by rapid AI infrastructure expansion and rising borrowing costs.
China's biggest airlines report mixed Q3 as jet fuel more-than-doubled
China's three largest airlines are experiencing significant financial losses due to soaring jet fuel prices, weak domestic airfares, and disruptions during the peak travel season.
DGCA requires airlines to disclose fares and refund terms
Airlines must now disclose cancellation charges and refund conditions separately when displaying airfares, as per the Bharatiya Vayuyan Niyam, 2026, effective January 1, 2027.
Gold at $3,919.70 while silver at $49.905 rebound in Asia
Gold and silver prices edged higher in early Asian trade on November 2, recovering slightly after sharp losses last week amid ongoing market volatility and economic uncertainty.
Binance resumes withdrawals after recovering 95% of $6.3B stolen
Binance has resumed withdrawals for select cryptocurrencies after recovering 95% of the $6.3 billion stolen in a North Korean-linked heist.
Goldman Sachs raises Brent to $105 and WTI to $94
Goldman Sachs increased its oil price forecasts due to high supply disruption risks from ongoing conflicts in Russia-Ukraine and the Middle East, impacting market risk premiums.
Deepinder Goyal faces skepticism launching temple despite IIT Delhi M.Tech
Deepinder Goyal claims his 'Zomato guy' reputation hinders the credibility of his new health-tech venture, Temple, a wearable device monitoring brain blood flow and entropy.
Japan PMI slows to 53.3 but expansion reaches 10 months
Japan's manufacturing sector expanded at its slowest pace in seven months in October, as rising input costs and weaker output and new orders weighed on growth.
Binance resumes withdrawals after $6.3 billion hack, 2.1% net outflow
Binance, the world's largest crypto exchange, resumed withdrawals after a $6.3 billion cyber theft, experiencing a net outflow of $3.64 billion as activity stabilized.
Reliance Industries reports consolidated Ebitda up 23.9% to ₹62,409 cr
Reliance Industries reported robust growth in the September quarter, driven by its oil-to-chemicals segment, despite retail profitability pressures.
Asian stocks slip as AI spending raises default insurance costs
Asian markets dipped amid concerns over the AI investment boom's sustainability, while investors await key earnings reports from tech giants like Apple and AMD this week.
Oil prices dip as Iran, Qatar hold peace talks
Oil prices fell over 1% as Iran and Qatar continued peace talks, with Brent crude slipping below $112. Traders remain cautious ahead of the US midterm elections.
Rajan Anandan: India poised to become world's startup IPO hub
Rajan Anandan of PeakXV Partners envisions India as the leading start-up IPO hub, predicting 25–30 AI unicorns by 2030, driven by innovation and government support.
Anthropic seeks $100B IPO and $1.5T valuation, India excluded
India's ultra-rich are eager to invest in Anthropic's upcoming mega IPO, yet access remains limited due to scarce stock availability and international offering restrictions.
Foreign investors pour $1.2 billion into Indian shares after outflows
Foreign portfolio investors have recently shifted to net buying of Indian equities, investing nearly $1.2 billion, as concerns over the AI trade influence global investment flows.
IRDAI reviews more than 650 responses to commission overhaul proposal
IRDAI is reviewing over 650 stakeholder responses to its proposed changes in insurance commissions and distribution expenses, with feedback submission closing on October 31.
Stefan Bollinger warns of AI bubble as India market cools
Stefan Bollinger, CEO of Julius Baer, asserts that banks are secure while warning that an AI bubble could significantly impact global markets.
Gulf investors renew interest in India's AI and space sectors
Gulf-based investors are selectively exploring opportunities in India's AI and space technology sectors, despite overall subdued interest due to currency depreciation.
Binance posts $3.6B outflow after $6.3B hack and pledges refunds
Binance experienced a net outflow of $3.6 billion in cryptoassets following a historic $6.3 billion hack, attributed to North Korean hackers, and subsequent withdrawal restoration.
SEBI plans to remove inactive companies from stock market listings
The Securities and Exchange Board of India (SEBI) is planning to delist companies that have no economic activity from stock exchanges.
Prosus gets regulator nod to acquire stake in Navi
The Competition Commission of India (CCI) has approved Dutch investment group Prosus's proposal to acquire a stake in Navi Ltd.
Footage shows how PNB employee stole crores from customer accounts
A Punjab National Bank (PNB) office assistant, Deepanshi Sharma, has been accused of embezzling money from customers at the bank's Sector Pi-1 branch in Greater Noida.
Indian government can intervene in airline tariffs under new rules
The Indian government has issued new airfare regulations under the Bharatiya Vayuyan Niyam, 2026.
GST collections hit ₹2.3L crore in October, up 22.9% YoY
India's gross Goods and Services Tax (GST) collection for October stood at ₹2.31 lakh crore, a whopping 22.9% increase from the same month last year, official data released on November 1 showed.
Foreign investors continue sell-off, withdraw ₹34,800cr in October
Amid rising economic fears, foreign portfolio investors (FPIs) withdrew ₹34,843 crore from Indian equities in October.
IDBI Bank strike on November 2-3: What customers should know
IDBI Bank has received a notice of strike from the Association/Union for November 2 and 3.
UPI processes ₹1L crore in daily transactions for 1st time
The Unified Payments Interface (UPI) has hit a new milestone, processing an average of over ₹1 lakh crore in transactions per day for the first time in October.
OpenAI reportedly cuts funding target by $10B ahead of IPO
OpenAI has reportedly lowered its funding target for the latest round by $10 billion.
Apple overtakes NVIDIA to become world's most valuable company
Apple has reclaimed its position as the world's most valuable company, surpassing NVIDIA.
Commercial LPG cylinder price hiked by ₹10
The price of a 19-kg commercial liquefied petroleum gas (LPG) cylinder has been increased by ₹10 to ₹2,820 from today.
Rajasthan man shocked by ₹10L crore lien on his account
In a bizarre turn of events, a 22-year-old medical store employee from Sikar, Rajasthan, found a lien of ₹1 lakh crore on his Kotak Bank account.
US judge allows lawsuit claiming McDonald's misled customers about McRib
McDonald's has been hit with a consumer fraud lawsuit over its popular McRib sandwich.
Anthropic may fail to secure investment-grade rating after IPO
Blackstone, the private capital giant, has told investors that Anthropic may not secure an investment-grade rating immediately after its IPO, Financial Times reported.
Alaska Air to lay off 200 employees amid financial challenges
Alaska Air Group has announced plans to lay off around 200 non-contract employees.
Centre forms high-level committee to review India's banking sector
The Indian government has formed a five-member high-level committee to review the country's banking sector.
Intel stock crash wipes $12B off US government's stake
Intel's stock suffered its worst single-day decline since the 1970s, plummeting by a staggering 29% on Friday.
Indian travelers can now use UPI at Burj Khalifa
Indian travelers can now use Unified Payments Interface (UPI) apps for online bookings at major tourist attractions in the UAE and Singapore.
Intel, Reddit plunge 29% as Nasdaq suffers worst-fall since June
The Nasdaq composite index witnessed its worst fall since June, with major tech companies like Intel and Reddit taking a huge hit.
Atomberg Technologies gets SEBI nod for IPO
Mumbai-based consumer appliances maker Atomberg Technologies has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
NVIDIA may back Nscale's loan for Anthropic data center
NVIDIA is reportedly in talks to provide credit guarantees worth billions of dollars to AI cloud provider Nscale.
US to block Chinese telecoms from accessing American phone numbers
The US is preparing to bar Chinese telecom firms from direct access to American phone numbers.
Meta loses French court appeal over payments for publishers' rights
Meta Platforms has lost its appeals against interim measures imposed by French regulators over media organizations' publishing rights.
Jio Platform's Nifty entry could bring ₹36,500cr in passive buying
Jio Platforms, India's second-most valuable company with a market capitalization of ₹13 lakh crore, may be added to the Nifty 50 index in September 2027. The BSE Sensex index could follow suit in December 2027.
RBI tightens checks on banks amid rising cyberattack threats
The Reserve Bank of India (RBI) is tightening its grip on banks amid the growing threat of cyberattacks.
Why Google, Amazon, Intel shares crashed up to 23%
Shares of tech giants Alphabet (Google), Amazon, and Intel plummeted on Thursday. The decline was as steep as 23% in after-hours trading.
Alleged Chinese spy developed close ties with NVIDIA CEO
Alice Huang, a Chinese national and former executive at Megaspeed, has been accused of espionage.
Sensex gains over 550 points: What's behind today's rally?
India's benchmark indices, the Sensex and Nifty, have bounced back from their earlier losses to trade in the green on October 30. The recovery is due to various reasons, including buying in IT shares.
Starbucks India cuts FY26 losses 27% as revenue hits ₹1,367cr
Starbucks India has reported a modest 7% year-on-year growth in its revenue from operations for fiscal year 2026 (FY26).
India's extreme poverty rate drops from 27.1% to 2.6% but....
India's extreme poverty rate has dropped to 2.6% in 2023 from the 27.1% recorded in 2011, according to the World Bank's October 2026 Poverty and Equity Brief.
Amazon reports $42.4B cash outflow as AI spending surges
Amazon has reported a massive cash burn in Q3.
Crude oil prices hit 6-month high of $118
Oil prices surged on October 30, amid fears of a possible US military strike against Iran.
India's credit card spending falls for first time since 2021
Credit card spending in India fell by 5.9% year-on-year (YoY) to ₹2.04 lakh crore in September 2026.
Microsoft launches $25B bond sale to fund AI expansion
Microsoft is planning its first US investment-grade bond sale in over nine years, with an aim to raise about $25 billion.
Cryptocurrency prices crash as Binance probes $6B hack
Cryptocurrency prices have taken a hit after Binance, the world's largest crypto exchange, flagged a possible security breach.
Walmart investigates Flipkart staff over alleged ₹150cr in brand favors
Walmart, the US retail giant and parent company of Flipkart, has launched an internal investigation into alleged financial misconduct at the Indian e-commerce company, Moneycontrol reported.
DoorDash acquires grocery delivery platform Instacart for $17B
DoorDash has announced its intention to acquire US-based grocery delivery service, Instacart, for a whopping $17 billion.
ECB chief Christine Lagarde to step down in February 2027
The European Central Bank (ECB) has announced that its president Christine Lagarde will step down nine months ahead of schedule.
Pakistan's imports from India up 69% despite trade ban
Despite the ongoing trade ban between India and Pakistan, the latter's imports from its neighbor have skyrocketed by nearly 69% in the first quarter of FY27.
Why Sam Altman is disappointed with MBA students
Sam Altman, the CEO of OpenAI, has urged MBA graduates and aspiring entrepreneurs to look beyond conventional career paths.
Why Toblerone parent has sued a British vegan chocolate brand
Mondelez International, the company behind the iconic Swiss chocolate bar Toblerone, has filed a lawsuit against British vegan chocolate brand Catherine's Originals.
Air India, IndiGo, Akasa's Saudi flights canceled till November
Major Indian and international airlines have extended their flight cancellations to several destinations in Saudi Arabia until November.
India's Q2 growth pegged at 7.35%
India's economy is projected to grow at a rate of 7.35% in the second quarter (Q2) of the fiscal year 2026-27 (FY27), according to the Finance Ministry's latest economic report.
Indians can now buy US stocks through Groww, Zerodha
Groww is now allowing retail investors to invest in US stocks. The move comes as a response to the continued underperformance of the Indian market, giving investors a chance to diversify their portfolios.
Equitas Bank shares crash as CEO quits over conflict concerns
Equitas Small Finance Bank's shares plummeted by nearly 16% on Thursday, following the resignation of its Managing Director and CEO, P N Vasudevan.
Ather is now worth 3.5 times Ola Electric
Ather Energy, a leading electric two-wheeler manufacturer, has witnessed an impressive surge in its stock price over the past week.
BLS Polymers IPO subscription crosses 45x on final day
BLS Polymers' initial public offering (IPO) witnessed strong demand on its last day of bidding.
Alphabet shares tank 10% despite Google Cloud's 103% growth
Alphabet, the parent company of Google, has witnessed a sharp decline in its shares post the release of its third-quarter earnings.
Shell's Q3 profit doubles to $10.8B thanks to Iran war
Shell has reported a massive jump in its profits for the third quarter of 2026, driven by rising oil and gas prices due to the ongoing conflict in the Middle East.
ESIC's amnesty scheme ends December 31: Check your eligibility, benefits
The Employees' State Insurance Corporation (ESIC) has announced an extension for its New Amnesty Scheme 2025.