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HCL announces ₹500cr Lucknow IT city investment, about 4,500 jobs
HCL Group will invest ₹500 crore to expand its IT City in Lucknow, adding 9.5 lakh square feet of capacity and creating approximately 4,500 new technology jobs.
S&P 500 hits record high as AI boosts earnings hopes
The S&P 500 index reached an all-time intraday high on Tuesday, driven by investor optimism in artificial intelligence and expectations of strong corporate earnings.
GST Council meets October 7 to redefine service export rules
The GST Council is considering changes to expand export treatment for Indian services firms, including billing through overseas branches.
ElevenLabs to expand voice AI to 22 Indian languages
ElevenLabs plans to expand its voice AI platform to all 22 Indian languages, while over 20,000 employees have shifted from GCCs to IT service providers in the past year.
Honasa forecasts consolidated Q2 FY27 NSV growth early thirties YoY
Honasa Consumer and Nykaa anticipate robust year-on-year NSV growth in the early thirties for Q2 FY27, continuing the momentum from the first quarter.
China's DeepSeek aims to raise nearly $15B after investor interest
DeepSeek is considering expanding its latest funding round to 100 billion yuan ($14.9 billion), doubling its initial target, sources told CNBC.
Amitabh Bachchan's granddaughter Navya Naveli Nanda launches Naveli Ventures
Navya Naveli Nanda has launched Naveli Ventures, the strategic venture arm of the Nanda Family Office, to support startups in deeptech, space, clean energy, AI, and more.
Indian markets rebound as Nifty 50, Sensex rise near 1%
Markets continued their recovery as the Nifty 50 rose 0.98%, while the rupee depreciated to near-record lows amid sustained dollar demand and upcoming RBI rate decisions.
Centre pitches GST reform as GST Council meets October 8
The Centre will present a five-pronged reform plan at the GST Council meeting on October 8, focusing on automating processes and reducing compliance burdens for small businesses.
US mortgage rates at 7.542% increase borrowing and refinancing costs
The average 30-year fixed mortgage rate has risen to 7.542%, impacting homebuyers, refinancing decisions, and home equity loans as borrowing costs increase significantly.
Zaggle opens fully owned Abu Dhabi subsidiary to expand globally
Zaggle Prepaid Ocean Services plans to establish a wholly owned subsidiary in Abu Dhabi Global Market, focusing on fintech, SaaS, and AI to enhance its international presence.
Vinci raises $250 million at $1.5B valuation to expand chip simulations
Vinci, a Palo Alto-based software startup, raised $250 million at a $1.5 billion valuation to enhance its AI-driven simulation software for chip and hardware design.
PhonePe to expand internationally with in-principle UAE central bank approval
PhonePe CEO Sameer Nigam outlines plans for international growth and a focus on lending, as the company transitions from a payments app to a global financial services platform.
US stock futures climb as Treasury yields dip before earnings
US stock futures increased on Tuesday as Treasury yields eased, following a rally that pushed the Nasdaq Composite to a record high in the previous session.
Type One Energy raises $200 million for commercial fusion reactor
US startup Type One Energy has raised $200 million to develop a commercial fusion reactor, with backing from Siemens Energy Ventures and Bill Gates' Breakthrough Energy Ventures.
Sensex rises 685.34 points, Nifty closes 22,776.10 as oil falls
Stock markets rallied for the second consecutive day as crude oil prices fell below $100 per barrel, boosting investor confidence and driving gains in key indices.
LIAFI asks IRDAI to rethink Bima Sugam sales shift
The Life Insurance Agents’ Federation of India (LIAFI) has expressed worries that the proposed Bima Sugam platform could threaten the livelihoods of numerous insurance agents.
Alchemy Capital Management questions sustainability of $240 billion cloud borrowing
Hyperscalers have raised $240 billion in debt, prompting Alchemy Capital to reassess AI investments due to potential long-term sustainability issues.
Sudhakar Ramakrishna named CDK Global President CEO; joins board
Sudhakar Ramakrishna has been named President and CEO of CDK Global, succeeding Brian MacDonald, who will retire but continue as a senior strategic advisor.
ElevenLabs calls India 2nd-biggest market with $600 million annual run rate
ElevenLabs has identified India as its second-largest market, achieving a $600 million annual revenue run rate, driven by growing demand for voice AI solutions.
ElevenLabs to invest part of nearly $1 billion in India
ElevenLabs plans to invest hundreds of millions in India, focusing on voice AI development and deployment, as part of its global expansion strategy.
Survey finds AI misuse now top reputational risk for companies
A new survey reveals that misusing artificial intelligence is now the leading threat to companies' reputations, surpassing concerns about child safety and geopolitical conflicts.
Nifty jumps 300-plus points, hits 23,000 as SEBI considers tweaks
Nifty experienced a dramatic 300-point surge in under a minute during Tuesday's closing auction session, briefly surpassing the 23,000 mark before retracting gains.
Anthropic CEO Amodei's $18 million pay outpaces Alphabet and Amazon CEOs
Dario Amodei, CEO of Anthropic, earned $18 million last year, placing him in the middle range of tech CEO compensation compared to peers at major technology firms.
Tata Trusts trustees call out colleagues over Tata Sons listing
Four trustees of Tata charities have accused Venu Srinivasan and Vijay Singh of breaking ranks by reconsidering the listing of Tata Sons, deepening internal tensions.
World Bank lists India among top 10 emerging AI markets
India is among the top 10 emerging markets in AI readiness, with private AI investment tripling to USD 4.1 billion by 2025, according to the World Bank.
Gold ₹1.49L, silver ₹2.26L rise as US job data softens
Gold and silver prices rose on the MCX, with gold December futures at ₹1.49 lakh per 10 grams and silver December futures at ₹2.26 lakh per kg.
Bitcoin steady near $85,900 as Bitway BTW surges 170%
Smaller altcoins like BTW and Filecoin are surging, with BTW up 170% in 30 days, while bitcoin remains range-bound around $85,000.
Mphasis secures £35.4 million contract to support Social Security Scotland
Mphasis Ltd has signed a £35.4 million deal to manage and maintain Social Security Scotland's benefits management platform, supporting services for 2 million citizens.
Wall Street firms set for record profits and likely bonuses
Wall Street firms are set to exceed $90 billion in profits, with bonuses expected to reach new heights, driven by strong trading and investment banking performance.
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%.
Swara Baby Products secures SEBI approval for 1000 cr IPO
Swara Baby Products, supported by FirstCry, has received SEBI approval for a Rs 1,000 crore IPO, comprising a fresh issue and an offer for sale of Rs 500 crore each.
Swara Baby Products secures SEBI approval for ₹1,000 cr IPO
Swara Baby Products, supported by FirstCry, has received Sebi's approval for a Rs 1,000 crore IPO to expand its manufacturing and repay borrowings.
Paytm and Visa offer 50% off metro tickets twice monthly
Paytm has partnered with Visa to provide exclusive discounts on Metro rides, mobile recharges, and bill payments through the Paytm app, available until December 31, 2026.
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.
Sensex jumps 685.34 points, Nifty at 22,776.10, oil below $99
Both Sensex and Nifty closed nearly 1% higher as investors reacted positively to easing crude oil prices and encouraging Q2 corporate updates.
Gnani AI launches Ascent program to scale sovereign enterprise AI
Gnani AI has introduced the Ascent programme to help enterprises deploy and scale sovereign AI, connecting various partners for effective implementation across operations.
Indian cybersecurity startups face tougher enterprise security proof demands
Indian cybersecurity startups must now provide detailed evidence of data protection capabilities, extending sales cycles and increasing compliance demands.
Indian airlines urge government to adopt 'Cost plus' ATF model
The Federation of Indian Airlines is advocating for a shift to a 'Cost Plus' pricing model for Aviation Turbine Fuel, citing rising costs and geopolitical tensions.
DeepSeek plans $12B to $15B raise with Tencent and CATL
Chinese AI firms like DeepSeek and Moonshot AI are securing multibillion-dollar funding ahead of IPOs, intensifying competition with U.S. companies such as OpenAI and Anthropic.
SEBI halts Inox Clean Energy ₹10,000 cr IPO amid probe
SEBI paused Inox Clean Energy's Rs 10,000-crore IPO due to ongoing investigations into INOXGFL group entities, sources revealed.
Indian brokers oppose IRDAI plan to limit insurance commissions
Indian insurance brokers are challenging the IRDAI's proposed commission caps, citing potential job losses and unethical practices, while seeking government intervention.
Zimbabwe explores India's UPI for nationwide real time money transfers
Zimbabwe is considering adopting India's UPI technology to establish a real-time national payments network, aiming to enhance transaction efficiency and reduce costs.
FICCI finds 95% of Indian manufacturers steady or improving output
Manufacturing sentiment in India improved significantly in Q2 FY27, with 95% of manufacturers reporting stable or higher production levels and 43% planning to hire more staff.
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.
AMD to ramp chip supply by 2027 and challenge NVIDIA
AMD plans a significant increase in chip supply by 2027 to meet rising AI demand, as stated by CEO Lisa Su during her visit to Taipei.
ASK Alternates raises over ₹500cr for 2nd private credit fund
ASK Alternates, part of Blackstone-backed ASK Asset & Wealth Management Group, has raised over ₹500 crore for its second private credit fund within five months of launch.
Reliance Industries' Jio Platforms to launch India's biggest IPO 37,700cr
Jio Platforms' IPO is set to open on October 21, with a price band of Rs 1,150-Rs 1,220 per share and listing expected on October 28.
Norway's DNB cuts about 400 tech roles amid AI investment
Norway's largest bank, DNB, announced plans to lay off around 400 employees in its Technology & Services unit due to increased investments in AI and digital solutions.
GST Council meets October 8 on farm input GST cuts
The GST Council is expected to exempt seed storage and reduce taxes on farm inputs, including retreaded tractor tyres and bio-stimulants, in its upcoming meeting.
Pune-based CurvetAI raises ₹6cr pre-seed led by Merak Ventures
CurvetAI, an AI workspace startup, raised Rs 6 crore in a pre-seed round led by Merak Ventures to enhance its technology and expand its team.
BOJ may signal inflation near 2% and raise rates December
The Bank of Japan is signaling that underlying inflation is approaching its 2% target, raising expectations for a potential interest rate hike in December.
Jio Platforms plans IPO targeting 11L/cr valuation in October
Jio Platforms is reportedly aiming for a valuation of around Rs 11 lakh crore in its upcoming IPO, potentially making it India's third most valuable publicly traded company.
Lupin launches Formoflo-G MDI approved as 1st-of-its-kind inhaler in India
Lupin Ltd has introduced Formoflo-G MDI, a groundbreaking inhaler combining three therapies, approved by the Drug Controller General of India for managing COPD in India.
Orient Cables lists at ₹450 and falls 10% to ₹364.50
Orient Cables' shares fell 10% to Rs 364.50 on Tuesday, following a strong debut at Rs 450 on the NSE, which was a 65% premium over its IPO issue price of Rs 272.
India meets Amazon Google Cisco execs to discuss tax simplification
India is working to simplify its indirect tax and customs framework as Silicon Valley tech firms discuss easing GST and customs policies to boost investment.
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.
Meesho content commerce value rises 152% through creator-led videos
Meesho's content commerce business experienced a 152% year-on-year sales increase, driven by creator-led video initiatives that enhance product discovery and boost user engagement.
Meesho shares hit ₹240.50 as Q2 NMV rises 152% YoY
Meesho shares climbed over 6% after a robust second-quarter update, with Net Merchandise Value growing 152% year-on-year, driven by a thriving Content Commerce ecosystem.
Rupee falls to 96.43 per US dollar after foreign selling
The Indian rupee fell to its weakest level in over two months due to persistent foreign asset divestment, prompting potential intervention from the central bank.
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 Platforms shifts from telecom to global tech contender
Jio Platforms is transforming from a telecom giant to a global tech leader, focusing on 5G, AI, and cloud infrastructure to create innovative products for international markets.
Piyush Goyal in New York discusses insurance and tech investments
Union Minister Piyush Goyal met leaders from insurance, technology, and investment sectors in New York, urging them to explore growth opportunities in India's expanding markets.
World Bank raises India growth forecast to 7.1% for 2026-27
The World Bank has increased India's FY27 growth forecast to 7.1%, citing strong domestic demand, while highlighting that AI adoption in India significantly lags behind the US.
Nomura maintains Buy on Nykaa, cites high 20s BPC growth
Nomura maintains its 'Buy' rating on Nykaa, citing strong revenue growth driven by robust Beauty & Personal Care momentum and accelerating fashion sales.
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).
Vishal Nirmiti IPO allotment finalized today for ₹178-cr issue
The Vishal Nirmiti IPO allotment is set to be finalized today, October 6. Investors can check their status on BSE, NSE, or through the registrar MUFG Intime India.
China's DeepSeek nears $12B funding ahead of early 2027 IPO
DeepSeek is set to secure over 80 billion yuan ($12 billion) in its latest funding round, with major contributions from Tencent and CATL, ahead of a 2027 IPO.
India services grow, quarter records slowest pace since early 2022
India's services sector expanded at its fastest pace in three months in September, with the PMI rising to 55.2, despite quarterly growth being the weakest since early 2022.
Rentomojo stock rises 6% as Q1 revenue hits 126cr
Rentomojo shares jumped 6% on the BSE after reporting a 51% rise in Q1 revenue and a 72% year-on-year growth in normalised profit after tax.
October 6 Union Cabinet to review ₹10,000cr SME growth fund
The Union Cabinet is set to review a ₹10,000 crore SME Growth Fund and a proposal for an Integrated Transport and Logistics Authority to enhance infrastructure planning.
Musk becomes trillionaire again as SpaceX stock jumps
SpaceX's shares soared nearly 8% on Monday, hitting their highest value since mid-June.
Kotak Mahindra Bank launches IIT AI workshops for SME promoters
Kotak Mahindra Bank partners with IITs to offer immersive workshops, helping SME promoters integrate AI into their business strategies for future growth and transformation.
Bitcoin near $85,000 to $86,000, Ethereum $2,700 amid rising yields
Bitcoin remains under pressure, trading around $85,000–$86,000 as investors consider rising US Treasury yields and expectations of a less hawkish Federal Reserve.
Reliance sues India's food safety regulator over Campa 'energy' labeling
Reliance Industries is appealing an Indian court decision that prohibits marketing its Campa beverages as "energy drinks" due to high caffeine levels and associated health risks.
Kotak Mahindra Bank shares jump nearly 4% after provisional update
Kotak Mahindra Bank shares rose nearly 4% after reporting a 24.7% YoY increase in net advances and a 23.2% rise in total deposits for Q2 ending September 30, 2026.
World Bank: AI exports drive East Asia Pacific 4.5% growth
The World Bank raised its 2026 growth forecast for East Asia and the Pacific to 4.5%, cautioning that heavy reliance on AI-related exports poses significant economic risks.
South Korea's KOSPI down 0.49% as Samsung Electronics earnings eyed
South Korean shares fell post-holiday, with the KOSPI down 0.49% as chipmakers like Samsung and SK Hynix weakened ahead of upcoming earnings reports.
Sensex rises 200.43 points to 72,582.90 on banking, global cues
The Sensex rose by 200 points, while the Nifty surpassed 22,600, driven by strong performances in bank shares and positive global market cues.
Indian markets remain positive 2nd day as Sensex hits 72,508
Sensex rose over 100 points, while Nifty surpassed 22,600 as Indian equities continued their recovery. Analysts advise caution due to ongoing FII selling and potential rate hikes.
Foreign investors pull funds from India over oil import dependence
Foreign investors are cautious about India due to high oil prices and dependency, impacting emerging market allocations, according to EPFR Global's Cameron Brandt.
Rupee falls to ₹96.41 against US dollar amid oil, yields
The Indian rupee weakened to 96.41 against the US dollar after opening flat at 96.31, with RBI intervention expected to manage volatility amid persistent external pressures.
Shah Investor's Home could list at ₹184 after ₹90.17cr IPO
Shah Investor's Home shares are set to debut on the BSE and NSE today, with a grey market premium suggesting a potential 10% listing gain over the issue price.
SPF launches DeepVerse with 30 investors to support Indian deeptech
The Startup Policy Forum has launched DeepVerse, a deeptech policy platform, with 30 investors and founders collaborating to address challenges in 10 key sectors.
Sam Altman willing to partner with Elon Musk despite tensions
Sam Altman has labeled Elon Musk a "bully" but remains open to future collaboration despite their public disputes and legal battles.
Stockholm economist Erik Berglof sees India reaching 8% growth
India can achieve 7-8% growth despite global challenges, leveraging AI and strong economic fundamentals, according to Erik Berglof of the Stockholm School of Economics.
DOE announces conditional up to $4.2B commitment for Vistra reactors
The US Department of Energy has announced a conditional loan commitment of up to $4.2 billion for nuclear power plant upgrades in Pennsylvania and Ohio.
HyFun Foods readies ₹2,000cr IPO to boost domestic production
HyFun Foods aims to raise 20 billion rupees through an IPO by late 2028, driven by increasing local demand and expansion in the frozen food market.
Jane Street appeals SEBI's ₹48.4 billion Nifty Bank index seizure
Jane Street Group LLC is contesting allegations of market manipulation by India's securities regulator, SEBI, after previous reviews cleared the firm of wrongdoing.
Oolka close to raising $45 million from Bessemer and Prosus
Oolka, an AI-driven credit management platform, is negotiating a $45 million funding round led by Bessemer Venture Partners and Prosus, alongside existing investors.
Alphabet to buy nuclear power for AI from Constellation Energy
Alphabet is close to a $1 billion deal with Constellation Energy for nuclear power, driven by AI's rising electricity demands.
SRIT India IPO to debut on BSE and NSE today
SRIT India shares are set to debut on the BSE and NSE today, with a grey market premium indicating a 42% gain over the issue price.
HDFC Bank names Anup Bagchi MD and CEO, brokers optimistic
Brokerages project a 25-74% upside for HDFC Bank following Anup Bagchi's appointment as CEO, citing potential renewed investor confidence and strategic leadership as key factors.
Accenture leans into AI, CEO Julie Sweet cites 400-plus clients
Accenture CEO Julie Sweet emphasizes that AI efficiencies enhance client value and drive growth, positioning the technology as a structural advantage rather than a business threat.
Commodity markets mixed as oil slips and gold steadies
Oil prices declined due to increased Middle Eastern exports and a G7 stockpile release, while gold remained stable amid a stronger dollar and interest-rate uncertainty.
Piyush Goyal ends US trip seeking investment and partnerships
Commerce and Industry Minister Piyush Goyal met with executives from Blackstone and Estée Lauder in New York to discuss expanding investments and manufacturing operations in India.
Sauce's Manu Chandra sees investor exits and acquisitions in India
Manu Chandra anticipates larger investor exits in India's consumer brands, while physical AI startups discuss forming an industry body to establish data-collection standards.
Air India Group to combine HR finance IT and engineering
Air India Group is exploring a proposal to integrate key departments of Air India and Air India Express to streamline operations and reduce costs.
ET AI Awards 2027 highlight business AI innovation and impact
As AI becomes integral to business strategy, the ET AI Awards 2027 provide a platform for Indian organizations to showcase impactful innovations and gain industry recognition.
Pinterest names Amazon veteran James Dibbo as CFO October 26
Pinterest has appointed James Dibbo, an Amazon veteran who led finance for Ads, Prime Video, and MGM Studios, as its new Chief Financial Officer effective October 26.
OpenAI seeks UAE $10B in $30B fundraising to delay IPO
OpenAI is in discussions with UAE investment funds, including MGX, to secure up to $10 billion as part of a $30 billion financing round, with BlackRock also in talks.
HFCL stock tripled on fiber and defense, targets 40% FY27
HFCL's stock has tripled in six months, driven by strong growth in optical fibre cables and defence electronics, with a projected 40% revenue increase for FY27.
India prepares new ₹6,000-7,000 cr PLI scheme for telecom manufacturing
India is planning a new PLI scheme worth ₹6,000-₹7,000 crore to enhance telecom component manufacturing and strengthen domestic supply chains beyond final product assembly.
Dow recovers 90 points October 5 as AI stocks surge
The Dow Jones surged over 400 points from its lows to close with a 90-point gain, while the Nasdaq hit new records as investors overlooked rising bond yields.
Nokia CEO Hotard: memory chips, energy shortages slow AI builds
Nokia CEO Justin Hotard stated that data centers could be constructed twice as fast without current supply constraints, highlighting the ongoing demand for AI infrastructure.
Supreme Court finds Trump-era tariffs illegal, prompting Amazon $600 million refund
Amazon will distribute part of its $600 million tariff refund to customers who were charged import duties on purchases made directly from the company.
SpaceX shares jump almost 8% restoring Elon Musk's trillionaire status
SpaceX shares surged nearly 8% on Monday, marking their highest level since June and propelling CEO Elon Musk back to trillionaire status.
Nasdaq hits record as weak US jobs and oil slide
The Nasdaq reached a record high close, driven by gains in Nvidia and Microsoft, as investors focused on declining oil prices and anticipated strong quarterly earnings reports.
Trentar to invest ₹30,000cr in 500-MW Maharashtra data center park
Trentar Private Limited, part of Dorf Ketal Chemicals, plans to invest ₹30,000 crore in a 500 MW green data centre park in Maharashtra.
Menlo Ventures invests in factory to automate software development
Menlo Ventures announced its investment in Factory, a startup automating the software development lifecycle, which already serves major enterprises like Nvidia and Blackstone.
PwC combines Indian consulting and US India advisory, 40,000 people
PwC US CEO Paul Griggs emphasizes the transformative role of AI in their India venture, highlighting the synergy between advanced technology and human expertise.
Morgan Stanley says NVIDIA and Broadcom set for solid 2027
Morgan Stanley reports that Nvidia and Broadcom remain insulated from the US data-center power crunch, though delays in AI deployments could impact secondary chip component makers.
US Treasury yields reach highest since 2002 amid growth, inflation
Longer-dated Treasury yields surged to their highest levels since 2002, driven by economic expansion and inflation concerns amid ongoing bond-market volatility.
CFTC proposes federal opt-in framework for retail leveraged crypto exchanges
The US CFTC has proposed a federal framework for cryptocurrency exchanges offering leveraged trading, following Congress's failure to advance comprehensive crypto regulation.
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.
Will RBI hike repo rate on October 7?
The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) will meet from October 5 to 7.
India, Canada to begin 5th round of CEPA talks tomorrow
India and Canada will start the fifth round of negotiations for their proposed Comprehensive Economic Partnership Agreement (CEPA) in Ottawa from tomorrow.
Lockheed Martin might expand Indian operations but there's a catch
Lockheed Martin, the aerospace giant, has expressed its intention to expand production capabilities in India.
Nestle's low-fat dairy whitener is 'unsafe' and 'substandard': FSSAI
The Food Safety and Standards Authority of India (FSSAI) has flagged a sample of Nestle's low-fat dairy whitener as "unsafe" and "substandard."
How Canon plans to help chip manufacturers in India
Japanese imaging and optical major Canon is planning to establish technology and service centers in India.
AWS won't use NDAs while dealing with government agencies anymore
Amazon Web Services (AWS) CEO Matt Garman has announced that the company will no longer use nondisclosure agreements (NDAs) in its negotiations with government agencies for new data centers.
IPO-bound Nscale appoints Meta veteran as operations chief
Nscale, an artificial intelligence (AI) infrastructure firm, has appointed Justin Osofsky as its new Chief Operating Officer (COO).
Foreign investors pull out ₹35,000cr from Indian equities in September
Foreign portfolio investors (FPIs) have pulled out over ₹35,000 crore from Indian equities in September.
Nayara Energy hikes petrol price by ₹5, diesel by ₹3
India's leading private fuel retailer, Nayara Energy, has announced a hike in the prices of petrol and diesel.
Jio Platforms IPO may launch on October 21
Jio Platforms, the digital arm of Reliance Industries, is gearing up for its much-anticipated initial public offering (IPO).
AI valuation correction may redirect more capital toward India: RBI
Sanjay Malhotra, the Reserve Bank of India (RBI) governor, has warned that a slowdown in the global artificial intelligence (AI) investment cycle could lead to sharp asset repricing and volatility in financial markets.
ICICI Life Insurance appoints new CEO
ICICI Life Insurance Company has announced the appointment of Sidharatha Mishra as its new Managing Director and Chief Executive Officer (CEO).
UPI transactions soar to 145B in H1 FY27
The National Payments Corporation of India (NPCI) has reported a massive jump in Unified Payments Interface (UPI) transactions.
OpenAI's head of safety systems resigns
David Robinson, the head of Safety Systems at OpenAI, has resigned from his position.
Jensen Huang becomes world's 7th-richest person as NVIDIA hits record-high
Jensen Huang, the co-founder and CEO of NVIDIA Corp. has seen his net worth surpass the $200 billion mark.
NVIDIA nears historic $6 trillion market valuation milestone
NVIDIA Corporation's shares reached an intraday high for the first time since May, before paring those gains and closing just shy of a record.
Paramount-Warner Bros. Discovery merger to create Skydance
Paramount and Warner Bros. Discovery will operate as Skydance after their merger is finalized, Paramount CEO David Ellison has announced.
Eurozone inflation jumps to 3-year high
Eurozone's inflation rate has hit a three-year high of 3.8% in September, sharply rising from August's 3.2%.
Boeing averts strike as workers approve 32% pay hike
Boeing has successfully averted a potential labor disruption after its unionized white-collar workers ratified a new contract.