Tata Consultancy Services (TCS) exceeded expectations in the September quarter, leading to a positive outlook for the IT sector. Analysts predict a rebound in technology spending in the second half of the year, but remain cautious about the impact on TCS's competitors. TCS's strong performance and commentary are seen as a potential turning point for the industry, driven by major deals.
ICAI is collaborating with the government to enhance financial opportunities for MDPs in India. The government aims to promote local professional service firms in the rapidly expanding global consulting and auditing industry. ICAI is exploring funding options and the Ministry of Corporate Affairs has formed a group to bolster the domestic ecosystem for consulting and auditing firms.
Indian companies are shifting their focus to West Asia for growth as developed markets face trade barriers. Tech startups, jewellers, and consumer brands are being drawn to the region, which is positioning itself as an economic corridor to the west. Infrastructure and engineering firms are seeking business in Saudi Arabia and the UAE, while Dubai's tax-free zones remain popular.
InCred Capital, an investment bank, is planning a Rs 500-crore equity fundraising that will make it the second unicorn within the InCred Group. The company has strong financial metrics and is expected to generate revenue of Rs 1,000 crore in FY26. Its founder and CEO, Bhupinder Singh, owns 42.5% and renowned investors such as Ranjan Pai and Ravi R. Pillai Group are among its shareholders.
Indian brands Mahindra & Mahindra, Bajaj Auto, and TVS Motor have significantly increased their presence in India's electric three-wheeler market, with a combined market share of 30%. This segment, dominated by small players importing parts from China, sees monthly sales of 60,000-65,000 units.
Fresh commerce startups are back with a new strategy and investor confidence, as seen with Handpickd, KPN Farm Fresh, and FirstClub securing major investments. This marks a shift towards prioritizing sustainable margins and quality over speed, after the initial farm-to-table startups couldn't keep up with quick commerce's rapid expansion.
FMCG companies are facing challenges in sales growth due to GST reforms, with some reporting low to mid-single-digit revenue growth. Marico and AWL Agri Business saw growth, while HUL expects a recovery in November. Dabur and GCPL also saw mid-single digit revenue growth, but Ebitda is likely to decline. Kiranas have been slow in passing on GST benefits.
Gujarat's groundnut production, which accounts for over half of India's total output, is expected to remain unchanged at 4.6 MT during the 2025-26 kharif season due to adverse weather conditions. Despite an increase in acreage, productivity declined due to a dry spell followed by excessive rainfall. The SEA Groundnut Promotion Council conducted crop assessments.
Kiran Mazumdar-Shaw has criticised the Karnataka government for the lack of urgency in fixing Bengaluru's roads, calling for a $1 billion push. Former Infosys CFO Mohandas Pai also slams the government for corruption and bad governance. Bengaluru's roads, as one user said, are among the worst in India.
Mutual fund managers are positive about the bond market in the second half of the year, anticipating rate cuts. They are modifying their tactics to incorporate longer duration papers and have a favorable short-term outlook. Nonetheless, apprehensions about demand and supply dynamics and fiscal concerns persist, resulting in a careful approach.
Retail investors' participation in IPOs has decreased compared to last year, with average subscription and listing gains also declining. The primary strategy of retail investors is to capture the listing pop, but the secondary market has been weak. Long-term investment in IPOs is recommended, as newer sectors like tech startups are still a minority in the IPO universe.
The government's rice stocks have hit a record high of over 47 MT, causing concerns about increasing food subsidy costs. Despite efforts to reduce the stock through various schemes, it remains high due to high procurement and strong crop output. The government aims to offload 6 to 7 MT this fiscal, but the stock may remain high.
The government is launching a new interest subvention scheme to support MSMEs in sectors impacted by US tariffs. It will provide a 3% interest subsidy for five years to boost working capital and investments in labour-intensive industries. The scheme will only benefit MSMEs, unlike the previous version. Other measures are also being taken to reduce the cost of credit for exporters.
Rishab Shetty's prequel to the 2022 blockbuster, Kantara: Chapter 1, has been a massive hit, earning over 500 crore and dominating the box office. However, a blooper featuring a plastic water can in a scene set in 4th century AD has caused a stir online, drawing comparisons to the infamous Game of Thrones mistake. Despite this, the film continues to break records and outshine other releases.
India's economic landscape in 2025 reveals a large gap in daily wages between states and union territories. The average daily wage is Rs 1,077, but industrialized and urbanized states like Delhi, Karnataka, and Maharashtra have an average wage of Rs 1,346 due to their concentration of government offices, financial institutions, and corporate headquarters.
Mahima Mahajan, inspired by Sufism, showcased her new design FANAH at Lakme Fashion Week and plans to expand her presence in India and overseas. Sustainability is a priority, using natural fabrics. She aims to engage a diverse audience through digital marketing and build genuine customer relationships. Strategic partnerships for sustainable growth are also on her agenda.
Four Indian business schools, including ISB, are among the world's top 20 MBA programs according to LinkedIn. Rankings are based on alumni outcomes like job placements and promotions. Stanford, Harvard, INSEAD, and Wharton top the list, while IIM Calcutta, IIM Ahmedabad, and IIM Bangalore also make the cut.
P Chidambaram has criticised Operation Blue Star and acknowledged it as a collective mistake on part of all - Army, the police, the intelligence and the civil service - adding that it resulted in Indira Gandhi's assassination, former Prime Minister of India. The military operation was ordered to remove militants from the Golden Temple complex, but Chidambaram believes it was the wrong approach.
58 Pakistani soldiers were killed in clashes at the Afghanistan-Pakistan border, with Afghan troops launching a 'revenge operation' after a Kabul bombing. Pakistan closed its main border crossings, accusing Afghanistan of harboring militants. The Taliban blamed Pakistan for the bombing and launched retaliatory attacks. Qatar has called for dialogue and restraint between the two sides.
Zoho's Sridhar Vembu has launched a guide on how to pronounce the name of their chat and calling app, Arattai, in different languages. The app, meaning "casual conversation" in Tamil, has gained praise for its name and is backed by extensive in-house engineering and research. Vembu also revealed plans for end-to-end encryption, highlighting their commitment to privacy and trust.
If you’re planning a trip to Europe this year, be ready for a new process at the border. Starting October 12, 2025, the European Union will introduce the Entry/Exit System (EES).
Legendary actress Diane Keaton, known for iconic roles in films like Annie Hall and The Godfather, passed away at 79 in Los Angeles. Her friend and producer confirmed her death, though no official cause was announced. Keaton's declining health in her final months shocked friends and fans. Tributes poured in, remembering her as a talented actress and kind soul.
Pankaj Patel, chairman of Zydus Lifesciences, is the second richest Gujarati and fourth among India's top five pharma entrepreneurs. With a net worth of Rs 84,510 crore, Patel transformed Zydus into a global drug maker and played a crucial role in Gujarat's emergence as a hub of pharma. The state now has 139 entrants in Hurun.
32-year-old Ukrainian crypto investor and blogger Kostya Kudo, co-founder and CEO of a trading academy, was found dead in his Lamborghini in Kyiv during a major cryptocurrency crash. Reports suggest he died by suicide. The crash has been linked to US President Trump's tariff announcement on Chinese imports.
Former White House Presidential Personnel Office head Sergio Gor has been announced as the next United States Ambassador to India, US President Donald Trump wrote on Truth Social on Saturday.
The NMC has updated the NEET UG seat matrix for the 2025-26 academic year, with a total of 1,26,600 MBBS seats in India. 9,075 new seats have been approved, while some colleges have increased their intake, providing more opportunities for medical aspirants.
Harsha Bhogle, an Indian cricket commentator, has warned people about the health hazards of feeding pigeons, citing a woman's death from lung fibrosis caused by their droppings. “Doctors have been shouting from the rooftops about the dangers of inhaling pigeon droppings and the severe lung disease it could lead to,” he wrote on X (formerly Twitter) before urging people to “stop feeding pigeons”.
China has urged the US to stop using tariffs as a threat and engage in dialogue to resolve trade issues. This comes after Trump announced new 100% tariffs on China and export controls on critical software. China said that it is not afraid of a tariff war but wants to maintain stable and healthy relations.
Emilio Sueños, a well-known TV presenter and model from Ecuador, passed away after confusing a heart attack with a common cold. Doctors later discovered that his excessive use of testosterone had caused heart failure. While testosterone therapy has benefits, it also carries several potential risks including mood swings, sleep apnea, cardiovascular problems, and fertility issues.
Prime Minister Narendra Modi has received an invitation from US President Donald Trump and Egypt’s President Abdel Fattah al-Sisi to attend a peace summit in Sharm-el Sheikh on Monday, October 13.
SEBI's Kamlesh Chandra Varshney urges brokers to boost liquidity in commodity market and attract new investors from tier 2 and tier 3 cities. Indian capital market aims to be a global leader, with Industry Standards Forums playing a key role. Brokers must assist SEBI in preventing frauds and educating investors, as per Varshney.
Muthoot Finance denies money laundering and fraud allegations against its MD, clarifying that he was called by the Enforcement Directorate for clarifications on the company's involvement with NCDs from Srei group companies. The company firmly refutes the claims and emphasizes that there is no connection between Muthoot Finance and Srei Cos.
Three persons were arrested for the gang rape of a medical college student in West Bengal. The incident took place outside the campus and the victim is undergoing treatment. The identities of the accused have not been disclosed and the police are investigating the case. The incident has caused political tension and the Odisha Chief Minister has urged for swift action.
Tej Pratap Yadav, son of former Bihar CMs Lalu Prasad Yadav and Rabri Devi, will contest from the Mahua constituency in the upcoming elections. He was previously expelled from RJD and has founded his own party, JJD. He plans to announce candidates on October 13. The Mahua constituency has been held by various parties and will go to the polls soon.
SEBI Chairman Tuhin Kanta Pandey calls for urgent establishment of an easy and secure KYC access for NRIs, along with stronger crackdowns on cyber frauds and fake influencers. Measures are being tested to facilitate their participation in the securities markets. SEBI also aims to deepen the cash equities market and rationalize and simplify stock broker regulations.
TCS has announced higher variable pay for senior employees based on individual and team performance, along with an increased quarterly bonus. Junior employees will continue to receive 100% variable pay and annual salary hikes. An internal email confirms 100% variable allowance for up to C2 grade and higher payouts for C3A and above.
Prime Minister Narendra Modi urged farmers to reduce their reliance on global markets and focus on achieving self-sufficiency in pulses, with the Centre aiming for a 40% increase in production. He launched the PM Dhan-Dhanya Krishi Yojana and Pulses Atmanirbharta Mission, with an allocation of Rs 11,000 crore.
AIMIM Chief Assaduddin Owaisi said that “girls in India are not allowed to wear hijab” when asked about female journalists being barred from attending a press conference of the Afghan Minister at the embassy in New Delhi. Taslima Nasreen criticised Taliban for denying women basic human rights, saying they “refuse to grant women human rights because they do not consider women to be human”.
The 70th edition of the Filmfare Awards was a night to remember as it took place in Ahmedabad, Gujarat and was hosted by Shah Rukh Khan and Karan Johar. Laapata Ladies led with the most nominations and wins, tying the record with Gully Boy. The event honoured the best of Indian cinema from 2024 and also paid tribute to film icons from different decades.
Iran's Foreign Minister Abbas Araqchi stated that Tehran is open to a "fair and balanced" nuclear proposal from the U.S., but has not yet received one. While Iran will not give up its right to enrich uranium, it is willing to take confidence-building measures. Talks between the two countries have been halted since a June conflict, with major stumbling blocks including uranium enrichment.
Hours after Wall Street crash wiped out over $1.5 trillion from the market, the global cryptocurrency market went into freefall late Friday. The drop followed US President Donald Trump's announcement to impose a 100% tariff on all imports from China.
A federal appeals court has rejected Trump's request to deploy National Guard troops to Illinois, upholding a lower court's order. The judge questioned the administration's reasoning for troop deployment and a separate federal judge in Oregon also blocked Trump's efforts. Trump threatens to expand the campaign to other Democratic-led cities.
Deputy Magistrate and SDO Durgapur, Ranjana Roy, met with the victim of Durgapur Medical College gangrape case, assuring her stable condition with full support and action being taken. However, the victim's father alleges lack of security and delay in action, while Odisha CM condemns the incident and urges for exemplary action against the accused.
A helicopter crashed near Huntington Beach on Saturday afternoon, leaving five people injured, including three bystanders on the ground, Fox News reported.
Diane Keaton, the iconic actress known for her androgynous style and acclaimed performances, has passed away at 79. She was a trailblazer in film, fashion, and design, and also had a successful career as a director, writer, producer, and photographer. Keaton's passion for restoring California mansions and her beloved acting will be her lasting legacy.
President Trump has instructed the Defense Department to use all funds to pay troops on October 15th during the government shutdown. However, this does not apply to furloughed federal workers. The Pentagon will take $8 billion from research funds for paychecks, causing uncertainty for the Coast Guard. Military families are worried as they work without pay.
A survey by Almonds AI found that 73% of corporate employees are unhappy with their Diwali gifts. In response, companies are adopting personalized and inclusive gifting options, like AdvantageClub.ai's 'My Gift, My Choice' campaign. This trend is seen in various industries, with a focus on sustainability and social responsibility.
Thai golfers' recent dominance in tournaments has sparked speculation about their success being linked to their traditional cuisine. The author delves into different theories, including the calming effects of Thai spices and the "Thai Golf Diet Plan" featuring coconut water and green curry. Despite being outperformed, the author admires the players' humble and disciplined approach.
The 2025 Korea Drama Awards took place in Jinju, South Korea, with fan voting for seven main categories and six popularity categories. Yook Sung Jae won Best Actor, beating out Park Bo Gum and Park Hyung Sik. Park Bo Young was awarded Best Actress. Byeon Woo Seok won two popularity awards, despite not having a drama comeback.
DMart retail chain operator, Avenue Supermarts, saw a 4% increase in net profit and 15.5% rise in revenue in Q2. The company added 8 new stores, totaling 432. However, like-for-like growth declined by 30 basis points and Ebitda margins shrank due to higher expenses. To combat competition, the company plans to focus on store expansion. Analysts have varying views on the company's future.