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RBI removes PPBL from scheduled banks after license cancelation
The Reserve Bank of India has delisted Paytm Payments Bank from its scheduled banks after cancelling its banking licence due to non-compliance and detrimental practices.
RBI mandates CVA buffers from April 2027, small banks exempt
The Reserve Bank of India has mandated stricter capital requirements for banks with larger derivative books, effective from April 1, 2027.
Indian Navy receives 1st homegrown military-grade TROUT ROVs from EyeROV
EyeROV has supplied the Indian Navy with two EyeROV TROUT systems, marking India's first military-grade underwater ROV developed through the iDEX ecosystem.
Nineteen AI names on Hurun India list 2026 worth ₹3.07L/cr
Former Twitter CEO Parag Agrawal joins the AI wealth boom, highlighting opportunities for investors to explore shares, ETFs, and mutual funds in this dynamic sector.
Indian government caps dealers' sugar holdings at 1,000 quintals Oct15-Nov30,2026
The government has reduced the permissible sugar stock for dealers to 1,000 quintals from October 15, aiming to stabilize prices during the festive season.
RBI raises repo rate to 5.50% to tackle inflation
The RBI's Monetary Policy Committee raised the repo rate by 25 bps to 5.50 percent, responding to rising inflation pressures and a challenging global economic environment.
RBI raises key rate to 5.5% after nearly 4 years
Indian government bonds fell sharply after the Reserve Bank of India raised its key interest rate to 5.5%, marking the first hike in nearly four years.
India now leads Asia-Pacific branded residences with ₹92,000cr projects
India has become the largest branded residences market in Asia-Pacific by value, with projects worth Rs 92,000 crore, accounting for 21% of the region's $45.3 billion market.
RBI reviews NBFCs revolving credit guidelines, Sanjay Malhotra cites technology
RBI Governor Sanjay Malhotra stated that regulations on revolving credit by non-banking finance companies are under review, with systemic risks being thoroughly evaluated.
Marcellus Investment Managers teams with VanEck for global multi-asset strategy
Saurabh Mukherjea's Marcellus Investment Managers has teamed up with VanEck to enhance global investment options for Indian investors through a new multi-asset strategy.
Bitcoin falls nearly 3% to $83,625 triggering $1.02B liquidations
Bitcoin fell nearly 3% to $83,000 after losing key support levels, triggering $394 million in liquidations within one hour.
India white-collar hiring up 1% as AI roles jump 20%
Artificial intelligence hiring surged 20% in September 2026, while freshers saw only a 1% increase, highlighting a shift towards specialized skills and experienced professionals.
Bitcoin falls 2.5% to $83,470 amid $609 million liquidations, altcoins fall
Bitcoin dropped 2.5% to $83,470 amid forced selling, with $609 million in crypto positions liquidated over the last 24 hours.
Krasha Financial Services to launch litigation finance platform in India
Krasha Financial Services plans to introduce a litigation finance platform in India by Q4 FY2026-27, targeting high-value commercial disputes exceeding $10 million.
HCLTech opens Sandton regional HQ with AI Center of Excellence
HCLTech has launched a new regional headquarters in Johannesburg, featuring an AI Center of Excellence to enhance its AI offerings and support local talent development.
Navi seeks $40 million from Elevation Holdings ahead of possible IPO
Sachin Bansal’s fintech startup Navi is in advanced discussions to secure a $40 million investment from Elevation, following a recent $100 million round from Prosus.
Gradiant wins 5 Indian contracts and will expand workforce 40%+
Gradiant is significantly boosting its presence in India, securing five new contracts across key sectors, including a repeat order from a global semiconductor manufacturer.
RBI undecided on IRDAI commissions, Sanjay Malhotra stresses customer protection
RBI Governor Sanjay Malhotra stated that the Reserve Bank of India has not yet formed an opinion on IRDAI's proposed changes to insurance distributor commissions.
RBI reviews Irdai proposal to cap insurance expenses and commissions
The Reserve Bank of India is evaluating the impact of Irdai's proposed insurance distribution reforms and plans to provide feedback to the insurance regulator.
Amazon's Alexa expert Rohit Prasad named Boston Dynamics CEO
Rohit Prasad, a BIT Mesra graduate and former Amazon AI executive, has been appointed CEO of Boston Dynamics, where he will integrate advanced AI into robotics technology.
Mortgage rates reach 7.49% as applications fall 4.2% this week
Mortgage rates have surged to their highest level in nearly three years, causing a significant decline in both refinance and home purchase applications.
RBI raises key lending rate to 5.5% to curb inflation
The Reserve Bank of India highlights five major risks to the economy, including elevated oil prices and El Nino effects, as it raises the repo rate by 25 basis points.
India's forex reserves drop for 4th consecutive week to $734.6B
India's foreign exchange reserves have witnessed a decline for the fourth consecutive week, now standing at $734.6 billion.
HubSpot cuts 660 jobs as it shifts to AI solutions
HubSpot is cutting 660 jobs, about 7% of its workforce, as it reorganizes for AI-driven goals, offering affected employees 20 weeks' base pay and job-search support.
Razorpay partners with OpenAI for ChatGPT ads targeting Indian brands
Razorpay has partnered with OpenAI to introduce ads on ChatGPT for Indian enterprises, with cofounder Shashank Kumar detailing the implementation process for major brands.
RBI hikes repo rate: What it means for your loans
The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points to 5.5% has a major impact on borrowers and savers.
Greg Funk says DC could boost AI data center efficiency
Telecom networks' experience with direct current (DC) power offers valuable insights for AI data centres facing rising electricity demands, says Vertiv's Greg Funk.
Tata Sons AGM to decide Chandrasekaran's future amid trusts rift
The outcome of the Tata Sons AGM hinges on trustee term expirations and company board decisions, potentially altering shareholder dynamics before the crucial vote.
Dixon Technologies to convert Dixon Electroconnect into 60-40 telecom JV
Dixon Technologies and Taiwan's Gemtek have formed a joint venture to manufacture optical transceivers and telecom products in India, with Dixon holding a 60% stake.
Alphabet Amazon and SpaceX tap debt markets for AI infrastructure
Major tech firms like Alphabet and Amazon are increasingly turning to debt and equity markets to finance their AI and cloud infrastructure expansions.
Airtel's postpaid plans now offer free international roaming
Airtel has introduced a range of new postpaid plans, starting at ₹499. The highlight of these plans is the inclusion of one free international roaming trip per SIM every year.
RBI raises repo to 5.5% as Indian markets fall
The domestic equity markets fell as the BSE Sensex dropped 429 points and the NSE Nifty ended below 22,650, impacted by RBI's rate hike and rising crude prices.
Swastika Infra stock rises 5% after ₹615.76cr MSEDCL contract win
Swastika Infra's shares surged 5% after securing a major Rs 615.76 crore order from MSEDCL, boosting its order book and enhancing revenue growth prospects.
Sensex down 429 to 72,639 after RBI 25 bps hike
The equity benchmark indices fell on October 7 due to the RBI's rate hike and cautious commentary, with the Sensex dropping 429 points and the Nifty declining 173 points.
RBI raises FY27 inflation forecast to 5.2%
The Reserve Bank of India (RBI) has revised its Consumer Price Index (CPI) inflation forecast for the fiscal year 2026-27 to 5.2%. This is an increase from the earlier estimate of 5%.
Royal Mail plans up to 2,500 job cuts by 2027
Royal Mail plans to cut up to 2,500 jobs, focusing on head office and support roles, as it restructures due to declining letter deliveries and increased competition.
RBI raises repo rate by 25 basis points to 5.5%
The Reserve Bank of India has shifted to "calibrated tightening," raising the repo rate to 5.5% as it prioritizes inflation risks amid strong economic growth and rising credit.
Report forecasts India's quick commerce to reach $90 billion
India's quick commerce market is projected to grow nearly seven-fold to USD 90 billion by FY2031, driven by metro penetration and expanding non-metro user bases.
RBI raises repo rate 0.25% to 5.5% adopts calibrated tightening
The repo rate is the interest rate at which the RBI lends money to commercial banks, influencing borrowing costs and liquidity in the financial system.
Hical, Safran sign MoU exploring Rafale fuel-fluid JV in India
Hical Technologies and Safran Aerosystems signed an MoU to explore a joint venture in India, focusing on manufacturing complex fuel and fluid systems for Rafale aircraft.
This Urban Company rival lets you set the price
DUTIBOOK is a Gurugram-based home services app that gives users more control over how they book and pay for everyday services.
Robinhood adds $25 million in bitcoin to corporate balance sheet
Robinhood has reportedly added $25 million in bitcoin to its corporate balance sheet, marking a significant step in its cryptocurrency expansion.
Ericsson shipping India-built antennas to Europe at India Mobile Congress
Ericsson will export antennas manufactured in India to Europe, leveraging India's rapid 5G rollout as a competitive edge for advancing towards 6G technology.
RBI warns AI valuations and cyber risks, says Sanjay Malhotra
Elevated AI-related asset valuations pose a risk to the global economy, but cyber threats from AI are the primary concern for central banks, says RBI Governor Sanjay Malhotra.
RBI raises rate to 5.5% and Sensex drops 422.97 points
Nifty fell 179 points mid-session as the Reserve Bank of India's hawkish shift, marked by a 25 basis point repo rate hike, pressured markets.
Chevron CEO Wirth says diesel export ban risks fuel shortages
Chevron CEO Mike Wirth cautioned that a U.S. diesel export ban could worsen supply issues, as global tensions and disrupted shipping routes already strain energy markets.
India to import discounted Venezuelan oil over 465,000 bpd
Reliance Industries is capitalizing on discounted Venezuelan oil, pushing India's imports to their highest in nearly seven years as Russian supplies become more expensive.
ITC Infotech launches VANGUARDS to help companies level up AI
ITC Infotech introduces VANGUARDS, a forward-deployed engineering initiative designed to accelerate AI transformation and drive measurable business outcomes for global enterprises.
Carnelian Asset Management appoints Rajkumar Dhiman head of mutual funds
Carnelian Mutual Fund has appointed Rajkumar Dhiman as CEO, as the firm expands into mutual funds with plans to launch liquid and smallcap funds.
India's foreign exchange reserves fall to $734.6bn during RBI sales
India's foreign exchange reserves have decreased by $50 billion since their September peak, reaching $734.6 billion, as the Reserve Bank of India intervenes to support the rupee.
India hosts 2nd India-EFTA Summit in New Delhi under TEPA
The India-EFTA Prosperity Summit in New Delhi will focus on trade and investment, coinciding with Swiss President Guy Parmelin's state visit to mark Tepa's first anniversary.
Paramount and Warner merge to create new media giant Skydance
The merger between Paramount and Warner Bros. Discovery has been completed today, creating a new entertainment giant called Skydance.
Kotak Mahindra Bank shares rise 2% after HSBC buy upgrade
Shares of Kotak Mahindra Bank increased by 2% after HSBC upgraded the stock to "Buy" and raised its target price, citing strong loan growth and a positive earnings outlook.
Starlink data of Indian users will stay within the country
Elon Musk's satellite communication company Starlink has announced the establishment of 20 gateway sites in India.
Meet Amit Kumar, interim India head of Google Cloud
Google Cloud has appointed Amit Kumar as the interim head of its India operations.
GST Council proposes 17 day refunds and fewer registration delays
The GST Council is set to propose a 17-day refund timeline and enhanced automation for faster GST registrations, aiming to streamline processes and ease compliance for businesses.
ESOP crisis: Flipkart's former executives seek 'fair treatment' from Walmart
Over 30,000 current and former Flipkart employees are collectively owed around $4 billion (₹38,000 crore) in employee stock option (ESOP) buybacks that Walmart has yet to process.
RBI to include bank deposits in consolidated account statements
The Reserve Bank of India (RBI) is working to expand the scope of its Consolidated Account Statement (CAS).
Uber has acquired a catering business for $2.3B
Uber has announced the acquisition of leading US catering platform ezCater, in a deal worth $2.3 billion.
RBI greenlights interoperability between account aggregators: How it helps you
The Reserve Bank of India (RBI) has announced a major step toward simplifying the sharing of financial information among consumers.
ESDS Software Solution stock up 217% from issue, rebounds 5%
ESDS Software Solution's stock surged 5% to ₹1,359 on October 7, ending a seven-day losing streak, driven by positive ratings upgrades and increased trading activity.
Kanohar Electricals stock rises 20% after April-June 103% revenue jump
Kanohar Electricals shares soared 20% to ₹1,131 after strong Q1 results, extending gains from their IPO price of ₹632 and trading 60% above the listing price.
HDFC Bank trims MCLR up to 15 basis points
HDFC Bank has reduced its MCLR rates by up to 15 basis points, effective October 7, 2026, offering relief to home loan borrowers with lower EMIs across all tenures.
Kristalina Georgieva urges debt cuts and tackling inequality now
IMF Managing Director Kristalina Georgieva called for accelerated debt reduction as the AI boom introduces new global risks, complicating existing economic challenges.
Air India and Singapore Airlines start 126 weekly India-Singapore flights
Air India and Singapore Airlines will expand their commercial cooperation from October 15, offering more flight options between India and Singapore for travelers.
RBI raises FY27 growth forecast to 7.1% from 6.7%
The Reserve Bank of India (RBI) has revised its real GDP growth projection for the fiscal year 2026-27 (FY27) from 6.7% to a higher 7.1%.
Bridgewater's Ray Dalio warns of AI 'classic bubble' in Singapore
Ray Dalio warns that the AI sector is nearing a bursting point due to rising interest rates and increasing debt used to fund technological advancements.
Alexa architect Rohit Prasad named CEO of Boston Dynamics
Boston Dynamics, the robotics arm of Hyundai Motor Group, has announced the appointment of Rohit Prasad as its new Chief Executive Officer (CEO).
Google Cloud appoints Amit Kumar interim India head for growth
Google Cloud has appointed Amit Kumar as the interim head of its India unit, succeeding Sashikumar Sreedharan, who is leaving after a three-year tenure.
RBI delivers 1st repo hike since 2022 to 5.50%
RBI Governor Sanjay Malhotra highlights four global risks—West Asia tensions, tariff uncertainties, elevated bond yields, and AI stock volatility—impacting economic sentiment.
RBI Governor Sanjay Malhotra announces single AA onboarding end 2026
The Reserve Bank of India has introduced interoperability among NBFC Account Aggregators, simplifying financial data sharing and enhancing access for consumers.
RBI raises repo to 5.5% increasing floating-rate home loan EMIs
The Reserve Bank of India increased the repo rate by 25 basis points to 5.50%, potentially raising EMIs for borrowers with repo-linked floating-rate home loans.
RBI raises FY27 GDP to 7.1% and inflation to 5.2%
The Reserve Bank of India has increased its FY27 CPI inflation forecast to 5.2% and upgraded the GDP growth outlook to 7.1%.
IRDAI proposes public insurance registry to centralize insurance data
India's Public Insurance Registry (PIR) aims to transform agent remuneration by linking it to customer outcomes, moving beyond the traditional volume-driven commission system.
RBI's Sanjay Malhotra says CAS will cover deposits and securities
The Reserve Bank of India plans to include bank deposit information in the Consolidated Account Statement, offering a unified view of financial assets.
RBI allows SEBI depositories to include customer deposits in statements
The Reserve Bank of India will enable SEBI-registered depositories to include customer deposit details in statements, with implementation set by the end of 2026.
From October 15 DFS applies 0.4% MDR to UPI P2M
The newly introduced UPI merchant discount rate (MDR) will not affect consumer shopping bills during Diwali and Dhanteras, as merchants cannot pass these fees to customers.
RBI rolls out Account Aggregator interoperability, Governor Sanjay Malhotra says
The Reserve Bank of India has enabled interoperability among Account Aggregators, simplifying financial data sharing with customer consent.
ServiceNow aims to make India a top 3 market worldwide
India is poised to become one of ServiceNow's top three global markets, according to COO Amit Zavery, as the company sees significant growth opportunities in the region.
Reserve Bank of India raises FY27 GDP forecast to 7.1%
The Reserve Bank of India raised its FY27 real GDP growth projection to 7.1%, citing resilient private consumption and broad-based economic momentum.
Bill Gates suggests robot FICA tax to fund displaced workers
Bill Gates first advocated for taxing robots in 2017, and nine years later, he reiterates this call to ensure a monetary safety net and maintain government tax revenue.
Vans Electroengineerings shares jump 90% on BSE SME listing
Vans Electroengineerings shares listed at a 90% premium over their IPO price on the BSE SME platform, reflecting strong investor demand and aligning with grey market expectations.
Japan JGB yields dip to 3.085% and 4.205% despite BOJ
Japanese government bond yields declined as global yields softened, despite Bank of Japan policymaker Ayano Sato's support for further interest-rate hikes.
RBI hikes repo rate to 5.5%, first increase since 2023
The Reserve Bank of India (RBI) has hiked its key repo rate by 25 basis points to 5.50%.
Kalyan Jewellers posts 26% revenue rise after strong India sales
Kalyan Jewellers reported a 26% increase in consolidated revenue for the September quarter, driven by strong sales in India and international markets.
Bitcoin falls 1.5% to $84,200 after Iranian tanker attacks
Bitcoin fell below $84,000 as Iranian tanker attacks drove oil prices higher, impacting cryptocurrency markets and pushing major coins like Dogecoin and Ether down significantly.
Maros Sefcovic in China to curb low-cost hybrid imports
EU trade negotiators are heading to China for crucial talks aimed at reducing Beijing's £1bn-a-day trade surplus by limiting exports of cheap hybrid electric cars into Europe.
Indian markets slide as Sensex drops almost 500 points intraday
The Sensex plunged nearly 500 points as investors reacted cautiously ahead of the RBI's monetary policy decision, with expectations of a potential rate hike.
Sensex falls over 330 as investors await RBI repo decision
Indian equity markets opened lower as Sensex dropped over 330 points and Nifty fell by over 120 points ahead of the RBI's repo rate announcement.
Rohit Prasad named Boston Dynamics CEO to build 30,000 robots
Boston Dynamics appoints Rohit Prasad, former Amazon AI chief, as CEO to lead its transition into large-scale humanoid robot manufacturing under Hyundai's ownership.
Sensex falls 446.22 points, Nifty down 161.10 before RBI meeting
Stock markets opened lower on Wednesday, with the Sensex falling 446 points and the Nifty slipping 161 points, amid weak global cues and a negative signal from GIFT Nifty.
RBI expected to raise key interest rate to 5.5% Wednesday
The Reserve Bank of India is expected to raise the repo rate by 25 basis points, impacting sectors like banking, realty, and automobiles as investors watch for inflation guidance.
Gold slips 0.3% to $4,150.23 ahead of Fed minutes
Gold prices dipped as investors anticipated the US Federal Reserve's September meeting minutes for insights into potential future rate hikes.
World Bank: India on right track with FY27 at 7.1%
India's consistent 6-7% economic growth over decades is more vital for development than short bursts of higher rates, says World Bank economist Franziska Ohnsorge.
Chhattisgarh secures ₹43,600 cr Singapore FDI at SING Forum 2026
Chhattisgarh Chief Minister Vishnu Deo Sai has secured ₹43,600 crore in foreign direct investment commitments from Singapore, marking one of the largest investments for the state.
ElevenLabs CEO Mati Staniszewski opposes AI pause unless safety issues
ElevenLabs CEO Mati Staniszewski advocates for continued AI deployment where safe, while Prosus explores investments in Indian fintech startups Kiwi and Oolka.
Mumbai based HD Fire Protect launches IPO offer for sale
HD Fire Protect has set its IPO price band at ₹258-₹271 per share, with the public issue opening on October 13 and closing on October 15.
NASSCOM urges GST clarity for tech exports and India R&D
Nasscom has urged the GST Council to clarify tax rules on overseas branch services and R&D exports ahead of their October 8 meeting.
Samsung poised to post Q3 record profit 106.1 trillion won
Samsung Electronics is set to report a nearly nine-fold increase in third-quarter operating profit, driven by strong AI demand, despite analysts cutting forecasts by 8%.
Brent crude hits $101.60 on Gulf of Mexico storm fears
Brent crude surpassed $101 per barrel as supply risks from Saudi attacks and a looming US Gulf storm outweighed increased Middle East crude supplies.
Oil prices rise amid Gulf storm and Saudi airport attacks
Oil prices are climbing as a storm threatens US oil production and refining, while escalating tensions in Saudi Arabia further strain global supply.
Asian markets mixed, MSCI Asia-Pacific slips 0.1% as Japan falls
Asian equities dipped on Wednesday, led by Japan's market decline, as the region failed to mirror Wall Street's record-setting gains driven by AI stocks.
The Economic Times launches Make in India product award
The ET Make in India Product of the Year Award honors products with significant India-led design, engineering, and manufacturing contributions.
US Treasury yields highest since 2002 with Pimco urging diversification
Pimco highlights unprecedented bond yields, recommending diversified investments across developed and emerging markets to mitigate fiscal risks.
SpaceX seeks $40B financing to buy NVIDIA chips, boost AI
Elon Musk's SpaceX is negotiating with banks and investors to secure $40 billion in debt to purchase Nvidia chips, highlighting the growing demand for AI computing power.
GST Council meets Oct 8 sharing data with Statistics Ministry
The GST Council is set to discuss broader data-sharing with the statistics ministry and potential tax relief for rare disease treatments in its meeting on Thursday.
Wizz Financial builds India-focused cross-border platform, targets fundraising by 2027
Wizz Financial is developing an India-focused cross-border financial platform, aiming for a 2029 IPO, as it expands services for Indians and the diaspora.
Ecommerce and IT clients demand output based staffing billing models
India's staffing industry is shifting towards an output-based billing model, linking vendor fees to workforce performance and productivity across various sectors.
Taiwan outpaces South Korea in AI trade 1st since 2000
Taiwan's Taiex Index outperformed South Korea's Kospi by 23 percentage points last quarter, driven by Taiwan's extensive AI supply chain linkages and robust earnings outlook.
Flipkart early leaders ask Walmart to buy vested ESOPs
Former senior Flipkart executives have written to Walmart's board, requesting a buyout of their vested stock options due to the indefinite delay in Flipkart's India IPO.
Amazon Prime Big Deal Days start with deals from $2
Amazon's October Prime Day offers record-low prices on top brands like Owala, Ninja, and Ugg. Don't miss these limited-time deals starting at just $2.
Anthropic launches Claude Corps fellowship offering $85,000 to early-career professionals
Anthropic's Claude Corps program offers 1,000 early-career professionals a $85,000 salary to apply AI to nonprofit missions. Applications are due by July 17 for the first cohort.
Amazon to issue limited refunds after Supreme Court voids tariffs
Amazon will share a $600 million tariff refund with customers affected by illegal tariffs, automatically issuing reimbursements for specific purchases made directly from Amazon.
AI skills surge 109% in 2025 as companies adopt AI
Upwork's report reveals a 109% increase in demand for AI skills in 2025, indicating a shift towards integrating AI into workflows rather than replacing human jobs.
Local customer sues McDonald's in Illinois alleging algorithmic price-fixing
McDonald’s is being sued for allegedly using an AI-enhanced pricing tool that shares nonpublic data with franchisees, potentially violating antitrust laws.
CIA's David Rush pleads guilty in nearly $194 million government fraud
A CIA officer, David Rush, pleaded guilty to defrauding the federal government of nearly $194 million and stealing gold bars worth tens of millions.
Sarvam AI names Sashikumar Sreedharan president and chief business officer
Sarvam AI has appointed former Google Cloud India MD Sashikumar Sreedharan as president and chief business officer, enhancing its leadership team amid expansion efforts.
Tata Sons explores legal options amid RBI finance company rules
Tata Sons has sought a legal opinion on a restructuring proposal from Tata Trusts, aimed at avoiding the mandatory listing of the group holding company.
IndusBridge Ventures launches 2000 cr fund for Indian defense exports
IndusBridge Ventures has successfully raised Rs 2,000 crore to invest in Indian defence firms, doubling its initial target.
India's B2B apparel market hits $2.1 billion as uniforms spread
India's B2B apparel market has surged to $2.1 billion, driven by rising demand for uniforms across sectors like healthcare, hospitality, and the expanding gig economy.
Rowena Bird: Lush plans 30 India stores in 5 years
Lush aims to establish 30 stores in India within five years, capitalizing on a more receptive market and increasing local manufacturing to enhance its product offerings.
Why NYT thinks Tukaram Mundhe is a 'rockstar'
Maharashtra Food and Drug Administration (FDA) Commissioner Tukaram Mundhe has been hailed as a "rockstar" by The New York Times.
Meesho's creator-led commerce grows 152% in 12 months
E-commerce platform Meesho has witnessed a massive 152% year-on-year growth in its content commerce business.
Storage, warehousing of seeds might soon be exempt from GST
The Goods and Services Tax (GST) Council is likely to exempt storage and warehousing of sowing seeds from GST in its next meeting on October 8, as per Moneycontrol.
Union Cabinet clears ₹10,000cr fund to help SMEs grow
The Union Cabinet has approved a massive ₹10,000 crore SME Growth Fund.
You might be able to make UPI payments in Zimbabwe
Zimbabwe is considering the adoption of India's Unified Payments Interface (UPI) technology to build a real-time national payments network.
India might buy more crude oil, critical minerals from Ecuador
Ecuador is in talks with India to increase the supply of crude oil, copper, and critical minerals.
World Bank raises India's FY27 growth forecast to 7.1%
The World Bank has revised its growth forecast for India's economy in FY27, predicting a 7.1% expansion. This is 50 basis points higher than its previous estimate of 6.6%.
China's DeepSeek set to raise $12B
DeepSeek, a leading Chinese artificial intelligence (AI) company, is on the verge of raising at least 80 billion yuan ($12 billion) in its latest funding round.
Indian rupee hits 2-month low
The Indian rupee has hit its lowest level in over two months, falling to 96.43 against the US dollar on Tuesday.
OpenAI seeks $30B at $1.4 trillion valuation
OpenAI, the company behind ChatGPT, is in talks with several United Arab Emirates (UAE) investment funds. The Abu Dhabi-based MGX is one of them.
India's own civilian aircraft to be manufactured by 2028
India is gearing up to make its own civilian aircraft within the next two years, Union Civil Aviation Minister Ram Mohan Naidu announced.
This McDonald's, KFC supplier is planning $208M IPO in India
HyFun Foods, a supplier for global fast-food giants McDonald's and KFC, is planning an initial public offering (IPO) to raise up to $207.7 million.
Modi government to review ₹10,000cr ATF price stabilization scheme
The Indian government is considering a review of its aviation turbine fuel (ATF) price stabilization scheme, as per CNBC-TV18.
Indian government bonds witness decline today: What's the reason?
Indian government bonds witnessed a decline in early trading today.
China's Moonshot AI is targeting $5B IPO in 2027
Moonshot AI, a leading Chinese artificial intelligence (AI) company, has completed its final private funding round at a whopping valuation of around $50 billion.
McDonald's, KFC supplier HyFun plans ₹2,000cr IPO
HyFun Foods, a supplier for global fast-food giants like McDonald's and KFC, has announced its plans to raise up to ₹2,000 crore through an initial public offering (IPO) by late 2028.
Jio plans India's biggest IPO at ₹37,700cr
Jio Platforms, the Reliance Group-owned telecom giant, is gearing up for India's biggest initial public offering (IPO) yet.
India's services growth rises to 3-month high
India's services sector witnessed its fastest growth in three months in September, according to the latest HSBC Services Purchasing Managers' Index (PMI).
Musk becomes trillionaire again as SpaceX stock jumps
SpaceX's shares soared nearly 8% on Monday, hitting their highest value since mid-June.
Flipkart invests in TravClan to enhance international travel offerings
Flipkart, a leading e-commerce giant in India, has picked up a minority stake in TravClan, a B2B travel technology platform.
Why HDFC Bank stock fell over 2% after CEO appointment
HDFC Bank's shares fell by over 2% on Monday, despite the announcement of Anup Bagchi as the new CEO.
Your mobile bill may rise 12-15% in coming months: Report
India's telecom sector is likely to witness a tariff hike of 12-15% in the next four to five months.
Oil inventories could take 2 years to replenish, warns Aramco
Saudi Aramco's CEO Amin Nasser has warned that it might take as long as two years to replenish global oil inventories.
FD encashment cannot be taxed as fresh deposit: ITAT
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has ruled that encashing a fixed deposit (FD) cannot be taxed again as an unexplained bank deposit.
Don't trust finfluencers blindly, warns SEBI chief
Tuhin Kanta Pandey, the chairman of the Securities and Exchange Board of India (SEBI), has warned investors against the risks posed by 'finfluencers' and exaggerated return claims.
Why an expert is asking Modi to 'save Indian mica'
Raoul Prem Menon, a scientific mica expert associated with the Bureau of Indian Standards's ETD 02 committee, has sounded an alarm over India's mica exports.
Foxconn's Q3 revenue jumps 47% on AI server demand
Foxconn has reported a massive 47% year-on-year (YoY) jump in its third-quarter revenue.
83% of merchants unwilling to absorb new UPI-MDR charge: Survey
A recent survey by LocalCircles has revealed that a whopping 83% of merchants are not ready to absorb the new Merchant Discount Rate (MDR) for Unified Payments Interface (UPI) transactions.
UK may impose tariffs on Chinese EVs amid EU pressure
The United Kingdom is considering imposing tariffs on Chinese electric vehicles (EVs) as it struggles to balance the interests of its domestic car industry and access to the European Union (EU) market.
Flying IndiGo gets costlier from October 6
IndiGo has announced a hike in fuel charges for its domestic and international flights. The revised rates will come into effect from October 6.
RBI MPC begins: Is first rate hike since 2023 coming?
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has begun a three-day meeting today.
Euro hits 17-month low
The euro has plummeted to a 17-month low, amid fears over France's fiscal health and a major sell-off in its bond market.
Snapdeal parent AceVector lists at 11.5% discount
AceVector Ltd., the parent company of e-commerce platform Snapdeal, has made a lackluster debut on the Indian stock market.
Orient Cables lists at ₹450, 65% above IPO price
Orient Cables made a strong debut on the National Stock Exchange(NSE) today, with its shares listing at ₹450 each. This is a 65.44% premium over its initial public offering (IPO) price of ₹272 per share.
Oil prices drop as Middle East crude exports rise
Oil prices fell on Monday, with Brent crude futures dropping by $0.7 to $101.60 a barrel and US West Texas Intermediate crude declining by $0.9 to $90.15 a barrel.
Change.org invests $100M to revamp petitions platform with AI
Change.org, the popular online petition platform, has announced a major investment of around $100 million. The money will be used to revamp its core petitions platform using artificial intelligence (AI).
India-US trade talks have hit a plateau, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that the ongoing trade negotiations between India and the US have hit a plateau.
Saudi Arabia cuts oil price for Asia to 6-year low
Saudi Arabia has announced a major cut in the price of its benchmark oil grade, Arab Light crude, to Asia.
Gold prices rise on reduced Fed rate hike expectations
Gold prices witnessed a slight uptick in early Asian trading on Monday as weak US job growth figures for September have significantly reduced the chances of an interest rate hike by the Federal Reserve in October.
Anthropic eyes November IPO at $2 trillion valuation
Anthropic, the artificial intelligence company behind Claude, is gearing up for its initial public offering (IPO) as early as the week of November 9. The move could see it trading before Thanksgiving.
Sensex, Nifty rebound after longest losing streak in 25 years
India's benchmark indices, the Sensex and Nifty, opened on a positive note today. The upward movement comes after their longest weekly losing streak in 25 years.
OPEC+ likely to keep production quotas unchanged for November
The Organization of the Petroleum Exporting Countries (OPEC) and its allies are likely to keep oil production quotas unchanged for November.
YES Bank's Q2 update: Loans up 24% to ₹3L crore
Private lender YES Bank has reported a significant growth in its loan book and deposits for the second quarter of FY2026.