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Canara Bank estimates around ₹450cr from proposed UPI MDR framework
Canara Bank's CEO, Brajesh Kumar Singh, anticipates earning approximately ₹450 crore from the proposed MDR framework as UPI transaction volumes continue to rise.
South Korea exports reach record $814.5 billion in 9 months
South Korea's exports soared to a record $120.9 billion in September 2026, driven by surging semiconductor demand amid the global AI boom.
BS Sponge Ltd 1,000cr IPO will repay 650cr of debt
BS Sponge Ltd has filed draft papers with SEBI to raise ₹1,000 crore through an IPO, including a fresh issue of ₹800 crore and an OFS of ₹200 crore.
Sterlite Technologies shares climb after $1.2 billion hyperscale order
Sterlite Technologies shares surged nearly 5% after securing a $1.2 billion order from a hyperscale partner, boosting investor confidence and driving bullish market sentiment.
Banks flush with $133bn diaspora inflow, RBI drains over ₹1tn
A record $133 billion inflow from the Indian diaspora has led to excess liquidity, prompting the Reserve Bank of India to adopt a more hawkish monetary policy stance.
Wipro's Kang says AI can help workers reach higher-paying roles
Wipro's Jasjit Kang suggests that noticeable productivity gains from AI integration, which could influence salaries, may take another 12 months to materialize.
Bitcoin steadies above $84,000 as whales buy and inflation eases
Bitcoin remains supported above $84,000 due to significant whale accumulation, despite mixed market momentum and moderated institutional demand.
India's GST ₹2,03,521cr in September up 14.7%, refunds down 3%
India's Gross GST collection for September increased by 14.7% year-on-year, reaching Rs 2.04 lakh crore, as per official data released on Thursday.
India GST collections reach ₹2.04L/cr in September 2026, up 14.7%
India's gross GST revenue surged by 14.7% year-on-year to Rs 2,03,521 crore in September 2026, driven by robust collections from both domestic transactions and imports.
Piyush Goyal invites Rockwell Automation to ramp up India operations
Commerce Minister Piyush Goyal invited Rockwell Automation to expand its operations in India during a meeting with CEO Blake Moret in Milwaukee.
India's Finance Ministry warns oil surge could raise consumer prices
Crude oil prices jumped 28.66% in September, raising India's import costs and inflationary pressures, as flagged by the Finance Ministry in its economic review.
Bank of Japan considers faster hikes as inflation persists
Bank of Japan policymakers are contemplating faster interest rate hikes as persistent inflationary pressures threaten to exceed the central bank's 2% target.
HDFC Bank shares gain over 1% as Srivatsan named CCO
HDFC Bank shares increased by over 1% following the announcement of V N Srivatsan as the new Chief Compliance Officer and the departure of Sudhir Kumar Jha.
UPI records 802 million daily transactions worth ₹97,913cr in September
UPI daily transactions surpassed 800 million for the first time in September, driven by increased transaction values and the onset of the festive season.
Indian refiners charter tankers to import discounted Iraqi crude
Indian oil refiners are now hiring tankers to navigate the Strait of Hormuz, aiming to cut costs and secure supply chains amid changing geopolitical dynamics.
Kotak Mahindra shares rise 4% after Anup Kumar Saha appointment
Kotak Mahindra Bank shares rose over 4% after appointing Anup Kumar Saha as the new MD and CEO, with experts analyzing potential for further stock rally.
UPI handled 24.07 billion transactions worth 29.37L/cr in September 2026
UPI processed 24.07 billion transactions in September 2026, despite a 1.8% month-on-month decline from August's record high of 24.51 billion transactions.
India's manufacturing ends 3-month slump as HSBC PMI hits 55.1
India's manufacturing sector surged in September, with the PMI rising to 55.1, driven by robust demand and increased new orders across key industries.
Shah Investor's Home IPO subscribed 38.12 times, allotment set today
The allotment for Shah Investor’s Home IPO, which saw a subscription of over 38 times, is set to be finalized today. The shares are expected to list at a premium.
India struggles to attract foreign investment, India Monthly Economic Review
India is struggling to attract capital as global investment shifts towards AI and manufacturing, with geopolitical uncertainties adding pressure on Indian assets and currency.
Analysis and experts warn grocery costs could rise in 2027
Extreme weather linked to climate change is causing significant price increases in essential grocery items worldwide, with analysts predicting continued inflation through 2027.
BOJ meeting summary weakens yen to 158.21 per US dollar
The yen fell 0.5% against the dollar after the Bank of Japan's September meeting summary disappointed investors, dampening expectations for consecutive rate hikes.
Jio's 10th anniversary bundle offers JioBharat 4G ₹1,499 effectively ₹299
Jio marks its 10th anniversary with a special offer, providing affordable 4G-enabled JioBharat phones and six months of complimentary connectivity benefits for feature phone users.
NSE 500 suffers as 350 stocks slide over 2 months
The NSE 500 index has experienced a severe downturn, with 350 stocks plummeting between 18% and 64% over two months due to economic pressures and foreign selling.
NSE gets SEBI nod for corporate bond index futures
India's National Stock Exchange has received approval from SEBI to launch futures contracts linked to a corporate bond index, pending Reserve Bank of India's final consent.
Goldman Sachs now expects US interest rate hike in December
Goldman Sachs has delayed its forecast for the next US interest rate hike to December, following lower-than-expected inflation data for August.
Moneyview shares jump 64% on debut after over 1,000cr IPO
Shares of Moneyview debuted strongly on Dalal Street, listing at a 64% premium over the IPO price, opening at Rs 55.61 on the BSE against an issue price of Rs 34.
A-One Steels lists up to 14% above ₹405 IPO price
A-One Steels shares debuted strongly, listing at a 14% premium over the IPO price on the BSE, following a highly subscribed Rs 405 crore IPO.
Nifty 500 faces broad correction with most stocks deeply lower
Half of the Nifty 500 stocks have declined over 30% from their peak levels, with foreign selling pressures and valuation resets impacting both large-cap and smaller stocks.
Noel and Neville Tata file caveats over Tata Trusts governance
Noel Tata and his son Neville have filed multiple caveats with the Maharashtra charity commissioner to ensure their involvement in ongoing management disputes within Tata Trusts.
Bank of Japan survey finds manufacturers optimistic, rate rise possible
Confidence among Japan’s large manufacturers reached an eight-year high, with the sentiment index rising to 24 in September, according to the Bank of Japan’s Tankan survey.
Bitcoin spikes to $85,500, slides as Treasury yields cap gains
Bitcoin briefly surged to $85,500 following a softer-than-expected U.S. inflation report but retreated as persistently high Treasury yields dampened the rally.
Paramount Skydance secures $52B debt to acquire Warner Bros. Discovery
Paramount Skydance Corp. completed a $52 billion debt syndication to fund its acquisition of Warner Bros. Discovery Inc., securing long-term financing at significant cost.
Kotak Mahindra Bank names Anup Kumar Saha MD and CEO
Anup Kumar Saha will become the Managing Director and CEO of Kotak Mahindra Bank for a three-year term starting January 1, 2027, succeeding Ashok Vaswani.
Mumbai-based Anarock files ₹1,000cr IPO DRHP with SEBI for tech
Anarock Property Consultants has filed its draft red herring prospectus with SEBI to raise up to Rs 1,000 crore through an IPO, including a fresh issue and offer-for-sale.
Noel vs Srinivasan: What's happening at Tata Trusts?
Noel Tata, the chairman of Tata Trusts, and his son Neville have filed multiple caveats with the Maharashtra charity commissioner.
Moneyview lists at 62% premium: Should you hold or sell?
Moneyview, a prominent player in the financial technology sector, has made its debut on the National Stock Exchange(NSE) with a bang.
Gautam Adani overtakes Mukesh Ambani to become India's richest
Gautam Adani has reclaimed the title of India's richest person, according to Forbes' 2026 list.
Commercial LPG cylinders get costlier by up to ₹71.5
The price of the 19kg commercial LPG cylinder has been hiked from today. The increase varies across cities, with Delhi seeing a hike of ₹62.50, taking the total cost to ₹2,810.
Gautam Adani becomes India's richest person for 2026 with $112.7B
Gautam Adani has reclaimed the top position among India's wealthiest, with a fortune of $112.7 billion, while Mukesh Ambani's net worth fell to $86.3 billion, placing him second.
Piyush Goyal meets US Trade Representative at Milwaukee G20 meeting
Commerce Minister Piyush Goyal met with US Trade Representative Jamieson Greer in Milwaukee during the G20 Trade Ministerial to advance discussions on a bilateral trade agreement.
Commercial 19-kg LPG cylinder prices rise nationwide before festive season
Commercial LPG cylinder prices have increased by up to Rs 71.50 across various cities, while domestic LPG rates remain unchanged as of October 1.
SEBI orders refunds after Growpital collected ₹192.88cr through unregistered channels
For the first time, Sebi will directly refund ₹192.88 crore to over 5,000 investors affected by Growpital's unregistered scheme, with interest from January 2024.
Oct 15 UPI merchant payments above ₹2,000 face 0.4% fee
As India's new UPI merchant transaction fee begins on October 15, the consumer affairs department is enhancing its helpline to manage complaints and ensure consumer protection.
Indian companies file 55 DRHPs with SEBI in September 2025
In September 2025, over 50 companies submitted Draft Red Herring Prospectuses to Sebi, driven by a regulatory deadline for using audited annual results.
Appeals court dismisses President Donald Trump's $10 billion IRS lawsuit
A federal appeals court upheld a ruling dismissing President Donald Trump's lawsuit against the IRS as collusive, maintaining sanctions on two of his attorneys.
Flipkart considers ESOP allowing 20% to 25% vested stock sales
Flipkart is considering a new employee stock option programme to address staff concerns over delayed IPO plans and recent senior-level departures.
Report: AI-assisted cheating up 50% with 45% of assessments flagged
Cheating in recruitment assessments has surged to 45%, driven by AI-assisted methods and deepfakes, compelling employers to innovate detection and verification strategies.
Vijay Singh seeks probe into SDTT's role in Tata Sons
Vijay Singh, vice chairman of Tata Trusts, has requested an inquiry into the Sir Dorabji Tata Trust's involvement in Tata Sons' affairs, citing governance and tax implications.
Indian Bank considering absorbing acquiring-bank MDR on UPI above ₹2,000
Indian Bank is exploring the possibility of waiving acquiring bank charges on the proposed 0.4% Merchant Discount Rate for Person-to-Merchant UPI transactions starting October 15.
Trump hosts White House AI summit aiming to outpace China
President Trump convened tech leaders worth over $1.8 trillion to discuss AI's future, featuring Elon Musk and Jeff Bezos among other industry giants.
Mattel CEO Ynon Kreiz to co-lead Paramount Skydance after $110B
Mattel's CEO Ynon Kreiz will step down to become co-CEO at Paramount Skydance, following its $110 billion Warner Bros deal, amid investor pressure and tariff-related challenges.
Sweeney's 'Euphoria' ads push Novig to $2 billion valuation
Sydney Sweeney's provocative ads have propelled sports prediction platform Novig to a $2 billion valuation, quadrupling its worth by targeting young male audiences.
Micron stock surges while earnings beat expectations on AI demand
Micron Technology's stock has surged 275% this year, with earnings surpassing Wall Street estimates as AI demand drives a $60 billion-$63 billion revenue outlook.
RBI net shorts jump to $200 billion as rupee weakens
The Reserve Bank of India's net short forward positions surged to $200 billion in August, up from $136 billion in July, amid ongoing market adjustments and currency pressures.
India's TRAI seeks stricter 5G slicing rules, operators push back
Telecom operators and consumer groups are at odds over TRAI's proposed regulations on 5G network slicing, coverage map accuracy, and service quality benchmarks.
McDonald's denies pressuring franchisees to use AI for menu pricing
McDonald’s denies claims that its AI system sets menu prices, emphasizing it provides recommendations to franchisees, who retain control over pricing decisions.
Tata Trusts seeks chance to respond to Venu Srinivasan's allegations
Tata Trusts has requested a hearing with the Maharashtra charity commissioner regarding Venu Srinivasan's complaint alleging governance issues within the Sir Dorabji Tata Trust.
France's 10-year yield hits highest since 2008, raising borrowing costs
France's 10-year bond yield is experiencing its largest quarterly increase since 1987, driven by rising inflation concerns and elevated energy costs impacting fiscal stability.
Coca-Cola might file for $1B India IPO in December
Coca-Cola is said to be planning an initial public offering (IPO) of its Indian bottling unit, Hindustan Coca-Cola Beverages.
Why Hotmail founder Sabeer Bhatia wants 55% inheritance-tax in India
Sabeer Bhatia, the co-founder of Hotmail, has sparked a fresh debate over inheritance tax in India.
Why employee morale at Flipkart is down
Flipkart, the Walmart-owned e-commerce giant, is facing a major leadership crisis as several top executives have resigned in recent months.
FSSAI suspends license of Seven Seas Hospitality over hygiene violations
The Food Safety and Standards Authority of India (FSSAI) has suspended the license of Seven Seas Hospitality Pvt Ltd for serious hygiene and sanitation violations.
This IT services provider is planning $7B IPO in India
EQT AB-owned Virtusa is considering an initial public offering (IPO) in India, which could value the company at $7 billion.
DoorDash to create 3,000 jobs in India by 2028
Food delivery giant DoorDash has announced plans to create 3,000 jobs in India over the next two years.
OpenAI seeks $30B at $1.4T valuation ahead of IPO
OpenAI is reportedly in talks to raise at least $30 billion in a pre-IPO funding round.
This renewable energy firm has filed for ₹10,000cr IPO
Inox Clean Energy, part of the INOXGFL Group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹10,000 crore initial public offering (IPO).
Why Tesla has lined up credit backup worth $30B
Tesla has secured $30 billion in new credit lines to help scale its upcoming products, including the Cybercab robotaxi and Optimus robot.
China's manufacturing sector returns to growth in September
China's manufacturing sector has shown signs of recovery in September, according to an official survey.
Why Noel Tata is opposing Tata Sons listing
Noel Tata, who heads the charitable trusts that own 66% of Tata Sons, has voiced his opposition to the public listing of Tata Sons.
Apple Pay launched in India: How to use it
Apple has launched its payment service, Apple Pay, in India. The move marks the company's entry into one of the world's largest digital payments markets.
Festive travel bookings in India surge despite rising airfares
The festive travel season in India has kicked off on a high note, with online travel platforms witnessing a surge in bookings despite rising airfares.
Red Bull can use 'energy' on drink labels in India
The Delhi High Court has overturned a Food Safety and Standards Authority of India (FSSAI) order directing Red Bull India to remove the term "energy" from its drinks.
This 4-watch Rolex set just sold for nearly $50M
Four exclusive Rolex Oyster Perpetual Cosmograph Daytonas have been sold for a whopping $49.4 million (£37.3 million) at an auction in London.
Groww now lets you invest in US stocks
Groww, a leading Indian investment platform, has started rolling out its new feature for US stock investing.
Cement is about to become costlier in India
Cement companies are likely to raise prices by ₹5-20 per bag in October, a report by Centrum Broking has said.
AI could displace 11M US workers by 2035: McKinsey
A recent study from consulting firm McKinsey & Co. has revealed that artificial intelligence (AI) could displace around 11 million American workers by 2035.
This B2B jewelry manufacturer is planning ₹1,000cr IPO in India
Mumbai-based B2B jewelry manufacturer, Royal Chain, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth ₹1,000 crore.
Indian rupee breaches 96 mark against US dollar
The Indian rupee breached the psychological barrier of ₹96 per US dollar today. It is now hovering near a two-month low of ₹96.05.
Boeing's 737 MAX 10 aircraft won't be flying anytime soon
The Federal Aviation Administration (FAA) has decided to delay the certification of Boeing's long-awaited 737 MAX 10 aircraft.
AMD buys Fei-Fei Li's World Labs for $8.2B
Advanced Micro Devices (AMD) has announced its acquisition of World Labs, an artificial intelligence (AI) research lab co-founded by renowned scientist Dr. Fei-Fei Li.
Sensex plummets over 600 points, Nifty slips below 22,600 mark
The Indian stock market witnessed another downturn on Tuesday, with the Sensex plunging over 600 points and the Nifty slipping below the 22,600 mark.
India's Essar to build America's largest steel plant
India's Essar Group has announced plans to invest $18 billion in the United States, including a $15 billion steel plant in Iowa.
Anthropic's IPO filing reveals $42B loss, $518B AI spending
Anthropic, the AI start-up founded by former OpenAI researchers, has published an initial public offering (IPO) prospectus.
Why Apple and Amazon are facing legal trouble in UK
A UK tribunal has allowed parts of a consumer lawsuit against tech giants Apple and Amazon to proceed.
India's industrial output jumps 8% in August
India's Industrial Production Index (IIP) witnessed a significant jump of 8% in August, up from the 7.4% growth recorded in July.
Why India may be unable to export sugar in 2027
India could face a shortage of sugar for exports next year, owing to concerns over the 2027 crop.
India's gourmet food market to hit $24.5B by 2034
India's gourmet food market is expected to grow from $6.6 billion at present to $24.5 billion by 2034, according to the IMARC Group.
UAE to invest another $25B in India, says Piyush Goyal
The United Arab Emirates (UAE) has announced its plan to invest an additional $25 billion in India.
Meta launches new enterprise platform with MongoDB CEO at helm
Meta Platforms has hired CJ Desai, the former CEO of MongoDB, as its new Chief Enterprise Platform Officer.
Air India's new CEO sets safety, reliability as top priorities
Tewolde Gebremariam, the future Chief Executive Officer (CEO) and Managing Director (MD) of Air India, has identified safety and operational reliability as his top priorities.
Jio adds over 24 lakh subscribers in August
Reliance Jio has topped the chart of telecom operators by adding over 24 lakh mobile subscribers in August.
NSE shares fall below IPO price
Shares of NSE have slipped below their initial public offering (IPO) price on the third day of trading.
Jobless for months? Your EPF interest may become taxable
The Employees' Provident Fund (EPF) is a retirement savings scheme managed by the Employees' Provident Fund Organization (EPFO) under the Ministry of Labour and Employment.
Gold, silver ETFs tumble up to 3.6%
Gold and silver exchange-traded funds (ETFs) witnessed a sharp decline on Monday, mirroring a global sell-off in precious metals.
US-China tariff deal: What's in $30B trade package?
The United States and China have announced a $30 billion tariff deal, covering goods such as agricultural products, medical devices, and consumer goods.
Red Bull challenges FSSAI order to drop 'energy' from labels
Red Bull has challenged the Food Safety and Standards Authority of India (FSSAI) in the High Court over its order to remove the term "energy" from its drinks.
Moneyview IPO sees over 10x subscription on last day
Moneyview's initial public offering (IPO) has witnessed massive investor interest on its third and final day of bidding.
AI bubble burst could trigger US recession, Fitch warns
A sharp decline in equity markets and a slowdown in artificial intelligence (AI) investments could push the United States into recession, Fitch Ratings has warned.
Reliance planning to raise $1B via asset-backed securities
Mukesh Ambani's Reliance Group is looking to raise up to $1 billion through asset-backed securities (ABS), people familiar with the matter told Bloomberg.