Banking sector stocks, led by SBI, are on the rise today with all Nifty Bank stocks trading in the green. SBI and Axis Bank are among the top gainers in Nifty 50. The technical charts show a positive trend, with targets set at 57,300-57,500 levels. Three reasons for the surge include revised guidelines for PSU bank director appointments, FII buying, and Nifty Bank's overall uptrend.
Telegram CEO Pavel Durov turned 41 but refused to celebrate, expressing concerns over the future of digital privacy. He highlighted the introduction of measures like digital IDs, online age checks, and scanning of private messages in many countries. Durov warned that the free internet is at risk and urged to save it before it's too late.
Canara Bank is launching two IPOs - Canara Robeco AMC and Canara HSBC Life Insurance, both offer-for-sale issues. The Canara Robeco IPO will close on October 13, while Canara HSBC Life Insurance IPO will close on October 14. The price band for Canara Robeco is Rs 253-266 per share.
Sona Comstar, a global mobility technology company, has signed an MoU with NEURA Robotics GmbH to jointly develop advanced technologies and promote "Made in India" products. The collaboration aims to expand Sona Comstar's automation solutions and expertise in EPIC mobility and electric powertrains beyond the automotive sector.
Pakistan's Ministry of Interior and Narcotics Control has suspended mobile internet in Islamabad and Rawalpindi. This decision comes as the radical Islamist party TLP plans a pro-Palestinian protest. The US Embassy has issued a statement, warning of potential disruptions and advising American citizens to avoid large gatherings.
Tata Elxsi's share price dropped by 3% after reporting a 32.5% decline in quarterly profit to Rs 154.8 crore. Despite this, the company's overseas markets performed well, with strong growth in the US and a 6.8% increase in the Media & Communication business. The transportation business also saw a 0.7% growth, while the employee count stood at 11,951 at the end of Q2 FY26.
The inheritance battle for Sona Comstar Chairman Sunjay Kapur's assets has escalated with accusations of forgery and conspiracy. Karisma Kapoor's children accuse their stepmother Priya Kapur of sidelining them and their grandmother. The will, allegedly changed while Sunjay was away, leaves everything to Priya, raising suspicions of forgery.
Gen Z is known for their love of streetwear and recreating Pinterest-inspired outfits. Designer Shubhika hopes that the upcoming Gen Alpha will bring a change in their lack of personal style. However, she acknowledges that Gen Z is brand-conscious. Netflix star Ayesha Kanga describes this generation as unapologetic and free-spirited.
Republican Congressman Riley M Moore of West Virginia, along with other US representatives, has strongly condemned the H-1B visa program for negatively impacting American workers and college graduates by driving down wages and limiting job prospects. This sentiment is shared by a majority of Americans, according to a recent survey.
Indian man, Abjeet Kingra, sentenced for shooting and arson targeting Punjabi singer. Came to Canada on student visa with big aspirations, but joined Bishnoi Gang for family's financial needs. Judge notes calculated and deliberate actions captured on body camera.
Motilal Oswal maintains a Buy rating on PN Gadgil Jewellers with a target price of Rs 825, citing strong retail demand during the festive season. Q2 saw 29% growth in same-store sales, with gold category up 24% and silver up 92%. PN Gadgil plans to open 13-15 new stores in the second half of FY26, targeting 76% growth.
The Tata Trust board is facing internal tensions as they discuss healthcare allocation and key issues. Government intervention raises concerns for the $180 billion Tata Group. Divisions within the Trusts over board appointments and governance, as well as a rift over leadership and the listing of Tata Sons, add to the challenges.
Netflix's Indian adaptation of the Spanish OTT series 'Elite', titled 'Class', follows the lives of students at a posh private school in Delhi. Despite rumors of a second season, actress Ayesha Kanga has confirmed that it will not be happening. The cast has moved on to other projects, with Ayesha walking the ramp at Lakme Fashion Week and Naina Bhan hosting a podcast.
President Trump denies rumors of poor health during Oval Office meeting and claims to be mentally and physically fit. He will undergo a routine physical exam at Walter Reed Medical Center on Friday and boasts about his perfect cognitive score. Speculations about his health increased after his diagnosis of chronic venous insufficiency.
EAM S Jaishankar will meet Afghanistan's Taliban counterpart, Amir Khan Muttaqi, for the first time since the group took control of Kabul. Muttaqi's visit to India is a signal of the Taliban's efforts to seek international recognition. The meeting is important as India wishes to maintain a cordial relationship with Afghanistan, while the Taliban has urged India to issue visas for Afghan people.
District Magistrate of Leh prohibits circulation of fake news, rumours and unverified content on social media platforms. Violators will face strict legal action. Internet services restored after two-week suspension following violent incidents. High-level security review meeting chaired by Lieutenant Governor Kavinder Gupta.
The deaths of 20 children in Madhya Pradesh due to contaminated cough syrup have highlighted issues with quality control and reporting in pharmaceutical manufacturing. The presence of a toxic chemical, diethylene glycol, is believed to be the cause. This has raised concerns about India's reputation as a major pharmaceutical producer and the need for stricter regulations and accountability.
Indian indices opened lower for the Nifty 50 and Bank Nifty, but small and midcap stocks saw a higher opening. The market is expected to improve due to the GAZA peace accord and potential trade deal between the US and India. Positive developments and changes in FII strategy are promising for the market. Early gainers are SBI Life Insurance and HDFC Bank, while laggards are Tata Steel and TCS.
A federal judge has blocked Trump's deployment of National Guard soldiers in Illinois, while a three-judge panel is expected to do the same in Portland. These cases have major implications for Trump's efforts to deploy military personnel in U.S. cities, with Democratic governors accusing him of misrepresenting protests.
TCS' share price is in the spotlight as they announce plans to construct a 1GW data centre and restructure their workforce, resulting in 20,000 job cuts due to skill mismatch. Margins and concerns about TCS's performance have been raised, but Q2 results show a slight increase in net profit and revenue. The company is also expanding into the AI industry with multiple data centres.
Incorporating mindfulness movements throughout the day can help manage stress, boost immunity, and increase productivity. Simple activities like stretching, walking, and deep breathing can clear brain clutter, improve mood and focus, and promote emotional balance. Desk yoga, walking meetings, and breathing breaks are also recommended to reduce stress and promote calm in a fast-paced world.
US Treasure Secretary Scott Bessent accused India and China of fueling Russia's war in Ukraine by purchasing Russian oil. He also mentioned that the US is already taking steps to curb this situation, including imposing additional tariffs on India. Bessent believes that India will soon decrease its reliance on Russian oil in favor of US oil, thanks to Trump's tariff regime.
Papa John's is returning to India after 8 years with a mix of small and large-format stores. The brand aims to open 650 restaurants in the next decade, focusing on quality ingredients and fresh baking. Four dine-in outlets have opened in Bengaluru, with plans to expand to other cities and cater to local tastes. They have a tie-up with Coca-Cola and a quality control center in Henn.
Deepika Padukone addresses fallout with filmmakers and her 8-hour workday demand, highlighting gender inequality in the Indian film industry. Confirms upcoming projects with Shah Rukh Khan and Allu Arjun and calls for reform in the industry.
Kantara Chapter 1, the prequel to a popular franchise, earned Rs 400 crore in just 8 days. Despite a 50% drop in sales on Monday, the action-thriller crossed the Rs 200 crore mark in its first weekend. As occupancy slows, the film's success may be losing steam, but the upcoming festive weekend could revive its momentum. Starring Rishab Shetty.
Mamatha Chamarthi, a prominent Indian-American executive, appears to have been removed from Goodyear's website after viral posts accused her of fraud. The posts allege that she is involved in outsourcing jobs to India and receiving kickbacks. Her role at Goodyear and previous involvement with T200 have been questioned.
South Africa secured a thrilling three-wicket victory over India in the Women's World Cup, thanks to the partnership of Laura Wolvaardt and Nadine de Klerk. Despite a strong start from India's Richa Ghosh, South Africa's persistent batting and strategic play led them to fourth place in the tournament. Wolvaardt and de Klerk's partnership of 69 runs proved crucial in their comeback win.
WeWork India's much-anticipated IPO has finally arrived, but with lackluster investor interest and concerns over corporate governance. The IPO was subscribed 1.15 times, with retail at 0.62 times, QIB at 1.79 times, and NII at 0.23 times. The IPO raised Rs 1,348 crore from
Skyscanner's report predicts the top 5 trending destinations for 2026 based on the increase in search volume for flights and accommodations. These destinations include Jorhat, India; Jaffna, Sri Lanka; Muscat, Oman; Queenstown, New Zealand; and Chiang Rai, Thailand. The report also highlights the growing interest of travellers in exploring lesser-known gems and seeking deeper cultural connections.
Pavel Durov, the founder-CEO of Telegram, is known for his intense lifestyle and AI-like appearance. But his success is also attributed to his disciplined mind and avoidance of addictive substances since he was 11. He believes they paralyze brain cells and avoids using his phone, considering it a distraction from his priorities and societal progress.
Indian equity indices closed higher on October 9, with Nifty and Sensex gaining 135.65 and 398.44 points respectively. GIFT Nifty started Friday's trading lower at 25,241. Investors are monitoring global cues like crude oil prices, gold rates, and currency movements. Asian markets were mixed, while US markets ended lower. US dollar index and crude oil prices were also down.
New York Attorney General Letitia James, a critic of President Trump, faces charges of bank fraud and making false statements on a mortgage application. This is seen as part of the administration's targeting of political opponents. James denies any wrongdoing and Trump has also launched investigations into Senator Adam Schiff and Federal Reserve Governor Lisa Cook.
Key earnings, restructuring updates, and expansion moves from big names like TCS, Tata Motors, NTPC, Tata Elxsi, ICICI Prudential Life, RailTel, and Lloyds Engineering made headlines. Indian equity markets closed on a positive note on October 9, with benchmark indices extending their gains.
RBI appoints Sanjay Kumar Hansda as executive director, effective March 3. Hansda previously served as senior adviser to ED (India), IMF and will now oversee the department of economic and policy research. He has also held various positions within RBI and had a stint at Bank of England. Fintech inclusion and global thinking emphasized by RBI Governor.
Kotak Mutual Fund has halted lumpsum/switch-in investments in its silver ETF fund due to a sharp increase in domestic silver premiums, which reached 12% on Thursday. The shortage in domestic supply is expected to continue until October. Existing SIPs/STPs are unaffected and the fund will resume lumpsum/switch-in subscriptions once the situation stabilizes.
Amazon India has joined hands with FITPASS to provide subscription-based fitness services on its e-commerce platform, marking its entry into the subscription sector. This move aims to cater to the increasing demand for health and wellness among individuals under 35 years old.
India and UK announce nine British universities to establish campuses in India, aligning with NEP 2020. The campuses will offer UK degrees locally and promote joint research initiatives and partnerships between academia and industry. The move aims to drive innovation and skill development across key sectors. This expansion strengthens long-term India-UK ties and enhances the UK's global influence.
Modi and Trump discussed the progress of their trade negotiations, with the first phase set to conclude in November. They agreed to stay in touch and talked about removing tariffs and duties. Modi also congratulated Trump on the success of the Gaza peace plan. An agreement may be reached before the deadline.
Sebi plans to shorten registration time for foreign investors to a few days through digitalization and may make it mandatory for new investors. Other measures include a one-stop regulatory hub and SWAGAT-FI to improve ease of doing business for FPIs. Despite withdrawals, Sebi is confident in India's growth and implementing bold reforms to attract FPIs.
In September, the life insurance industry experienced a 15% rise in new business premiums, driven by both LIC and private insurers. However, LIC saw a 28% drop in individual premiums, while private insurers had a 2% decline in policies sold. Analysts anticipate a subdued second quarter due to GST exemption and loss of input tax credit.
Mahindra & Mahindra (M&M) and Hyundai Motor India, two of India's top automakers, will face challenges in complying with the upcoming CAFÉ 3 regulations, which favor smaller cars, hybrids, and flex-fuel vehicles. The new norms, set to take effect in 2027, will be more stringent and require a heavy reliance on EVs.
Reliance Consumer Products Ltd (RCPL) has relaunched the iconic sachet personal care brand Velvette in a new and contemporary avatar. The refreshed portfolio includes premium soaps, shampoos, conditioners, and more. The relaunch is in collaboration with the CK Rajkumar family, who signed an MoU with RCPL in February. The products will be rolled out in Tamil Nadu first and then pan-India.
Avaada Group signs MoU with Gujarat government to invest ₹36,000 crore in solar, wind, and BESS projects. Projects will add 5 GW of solar power, 1 GW of wind power, and 5 GWh of BESS capacity to the state. Expected to create thousands of jobs and strengthen grid reliability. Gujarat government assures full support for speedy implementation.
The World of Concrete India 2025 exhibition, organized by Informa Markets, has drawn 14,000+ visitors and 250+ exhibitors. Sustainability is the key focus, with top companies showcasing advanced technologies. Experts state that the real estate, construction, and infrastructure sectors play a vital role in India's GDP and are adopting sustainable practices.
Tata Consultancy Services (TCS) reported a 5.4% drop in net profit for the July-September quarter due to a one-time restructuring cost. However, excluding this charge, profit rose by 1.1% and operating margin expanded to 25.8%. Revenue also saw a 3.7% growth and deal activity remained robust. The company is focused on investing in emerging technologies, particularly AI.
Tata Consultancy Services, India's largest IT services firm, reported a decrease of 19,755 employees in the September quarter, with a total headcount of 593,314. Attrition was at 13.3%, below the previous quarter but above the target range. TCS also announced a 2% layoff with a generous severance package, as part of a restructuring exercise. The company remains optimistic about its adaptability.
PM Modi and UK PM Starmer spoke at the Global Fintech Fest 2025, highlighting India's people-centric approach to AI and its significance in the Global South. The UK-India fintech corridor and collaboration between the London Stock Exchange and GIFT City aim to boost startup innovation and financial integration. PM Modi also emphasized India's trust layer through digital systems.
China has tightened export controls on rare earths and their processing technologies, creating obstacles for countries like India who want to develop advanced manufacturing capabilities. These new restrictions require export licenses for products containing Chinese rare earths and prevent Chinese companies from forming overseas partnerships without approval.
PepsiCo reports 2.5% growth in international sales of snacks, driven by markets like India. However, the beverage business faces challenges due to weather and competition, leading to volume declines. The company is adjusting pricing and increasing volumes to counter the impact. India has also rationalized GST rates, and PepsiCo is prioritising price-pack capabilities.
L&T's Hydrocarbon Onshore business, in partnership with CCC, has won a Rs 15,000 crore contract for a natural gas liquids plant in West Asia. The project involves engineering, procurement, construction, and commissioning of a plant to process rich associated gas, reaffirming L&T's reputation as a reliable partner in delivering large energy infrastructure projects and showcasing its global reach.