The government is planning to expand saline water aquaculture in northern states to utilize salt-affected farmland for fish farming. The Department of Fisheries has approved projects covering over 263 hectares with a budget of ₹36 crore. Under the PMMSY, Punjab has attracted investment of ₹187 crore and increased fish production to 0.18 MT.
NSC, a state-owned seed corporation, aims to increase sales turnover by 33% in FY26 by increasing production and expanding its reach through dealers and farmer producer organizations. The corporation has also adopted online platforms for selling seeds, reducing costs and increasing seed replacement ratio for higher yields.
MCA allows companies to file financial statements and annual returns for FY 2024-25 without additional fees on new e-forms. The deadline for completing annual filings for FY25 has been extended to December 31, 2025. This move is to help companies adjust to the new reporting mechanism and promote ease of doing business. However, the extension does not apply to the statutory time for holding AGMs.
The government is urging public sector banks to raise the limit for digital-based loans to Rs 1-2 crore, potentially resulting in Rs 1 lakh crore in loans by 2025-26. This new approach uses digital data from MSMEs for credit evaluation, offering an alternative to traditional methods. SBI, the largest bank in the country, has already reached Rs 56,000 crore in digital lending, with a set target.
Vedanta Resources is set to reach a $100 billion valuation by investing in energy, critical minerals, and technology. CEO Deshnee Naidoo aims to complete the demerger process this fiscal year to unlock more value. The company is also expanding production, reducing India's reliance on rare earth imports, and exploring new opportunities in energy and emerging sectors.
Gold loans are gaining popularity in the banking sector due to increasing gold prices. Small finance banks are expanding their gold loan portfolios by adding branches and employees, shifting towards secured lending. This has improved liquidity and capital efficiency, with loans against jewellery growing by 117% in August.
The earnings season has started with decent results, with a 6% increase in net sales and a 177 basis point expansion in operating profit margins for 230 companies. Reliance Industries and HDFC Bank saw strong growth, while banks and financials benefited from smaller provisions.
RBL Bank, currently ranked 13th among Indian private sector banks, plans to expand to 150 branches in a year and join the top-five banks in 3-5 years. Emirates NBD's $3 billion investment will not only bring in capital but also open up opportunities in wholesale banking, positioning RBL Bank for growth in a dynamic market.
Ram Singh, director and professor at Delhi School of Economics and member of RBI's monetary policy committee, believes that benign inflation and private investment recovery support further easing. However, global headwinds and external volatility limit aggressive rate action.
Samvat 2081 was a disappointing year for investors as the Sensex and Nifty had their worst performance in three years. Despite a positive start, the benchmark indices only saw modest gains and investors' wealth had its lowest increase in three years.
Analysts predict RIL to prioritize retail and fuel refining for growth, with focus on new energy and AI for future growth. Despite Q2FY26 earnings missing estimates, RIL's performance is expected to boost investor confidence and prompt a re-rating. The company's solar and giga factories are on track, and its retail business saw significant growth in fashion, grocery, and consumer electronics.
In a daring and expensive daylight robbery, four experienced thieves used power tools to steal 8 valuable pieces of jewelry, including those worn by Empress Eugenie, from the opulent Galerie d'Apollon at the Louvre. The museum, known for its grandeur, was compared to the Hall of Mirrors at Versailles. The thieves executed the heist calmly and successfully.
IndiQube, co-founded by Meghna Agarwal, is a leading managed workspace provider in India with 8.7 million square feet under management in major cities. Its recent listing on the public markets showcases the success of its business model and the growth of the flexible workspace industry in India.
JM Financial has selected 12 stocks for Diwali, including Axis Bank, Anant Raj, Maruti Suzuki, Apollo Hospitals, Fiem Industries, IIFL Finance, L&T Finance, Brainbees Solutions, Lloyds Metals & Energy, Astral, Ratnamani Metals & Tubes, and Eureka Forbes. These stocks have potential for growth, with expected upsides ranging from 12% to 31%.
Hyundai is changing its strategy to focus on hybrids and plans to introduce eight models in India by 2030. This will compete with Toyota, Maruti Suzuki, and Honda's dominance in the hybrid market. The company will develop hybrid versions of popular models like the Creta, as importing global models is costly. They also aim to launch three new CNG cars.
At the age when most cricketers think about retirement, cricket fans are curious about a Pakistani player who made his Test debut in his late thirties. Asif Afridi has seen a dramatic spike in Google searches, trending with over 20,000 searches on October 20
"Dude, starring Pradeep Ranganathan and directed by Keerthiswaran, released on October 17, 2025, to a successful opening at the Box Office despite the festive season. With a Gen Z vibe, the romcom has earned Rs 52 crores and counting, surpassing its budget.
Nippon TV revealed the names of 21 individuals receiving the Persons of Cultural Merit and Order of Culture awards, with anime icon Masako Nozawa being the first voice actor to receive this honour. Other notable awardees include manga artist Keiko Takemiya, actor-dancer Min Tanaka, and playwright and actor Hideki Noda. The award is accompanied by a government-sponsored recognition.
IndusInd Bank shares rose 2.6% after posting Q2 earnings, but concerns over accounting discrepancies and weak loan growth remain. Brokerages have mixed views, with Nuvama maintaining a 'Sell' rating and Jefferies staying with a 'Buy' call. Elara Capital reiterates a 'Sell' rating, citing uncertainties and the need for stability. The bank reported a loss of Rs 450 crore in Q2.
Indian market opens strong with Nifty near all-time high and Sensex at four-month high. Bank Nifty sets new records with strong results from HDFC Bank, ICICI Bank, PNB, IndusInd Bank, Federal Bank, and AU Small Finance Bank. RBL Bank share price jumps 6.67% after announcement of $3 billion fund infusion.
The Internal Revenue Service (IRS) has released the annual inflation adjustments for tax year 2026. The changes are made for over 60 tax provisions, including tax brackets, deductions, and credits. Most of these changes will apply when you file your 2026 tax return in 2027, according to irs.gov
Stacey Hatfield, a popular Australian food influencer and nutritionist, tragically passed away at the young age of 30, just hours after giving birth to her first child. Her husband, Nathan Warnecke, confirmed the news and revealed that Stacey died from a rare complication after giving birth at home. Despite the efforts of hospital staff, she could not be saved.
Diwali, the grand festival of India, is celebrated with great enthusiasm and elaborate rituals. The day holds great significance as people worship goddess Lakshmi and Lord Ganesha for wealth, success, and prosperity. Along with Lakshmi Puja, devotees in West Bengal, Odisha, and Assam also celebrate Kali Puja, dedicated to goddess Kali.
In 1978, Jobs denied being the father of his newborn daughter, Lisa Brennan-Jobs, while Apple secretly developed a computer that would later carry the same name. Decades later, Lisa’s memoir, Small Fry, reveals her complex relationship with her father, showing how his denial and eventual admission affected her life.
The Indian American Advocacy Council (IAA Council) expresses gratitude to Congress members for introducing a House Resolution recognizing the contributions of Indian Americans and condemning hate and racism. The resolution also highlights the success and impact of the Indian American community in various fields. This comes amidst rising anti-Indian sentiment in the US.
HDFC Bank, India's largest private sector lender, saw a 1.5% increase in share price today following its Q2FY26 results. The bank reported a standalone net profit of Rs 18,641.28 crore, up 11% YoY. Net interest income rose 4.8% YoY to Rs 31,550 crore, while core net interest margin stood at 3.27%. Brokerage firm Nuvama has maintained a 'Buy'.
An undocumented immigrant from Mexico was arrested on Tuesday for allegedly posting a TikTok video offering a $10,000 bounty for the murder of Immigration and Customs Enforcement (ICE) agents, according to NBC.
Indices opened higher on Monday, with the NSE Nifty 50 rising 0.60% and the BSE Sensex opening 0.61% higher. The Bank Nifty also opened on a strong note, along with small and midcap stocks. The market momentum is expected to continue with positive news, including good Q2 results from HDFC Bank and Reliance Industries. Early gainers include Reliance Industries, Kotak Mahindra Bank, and HDFC Bank.
A United Airlines flight made an emergency landing when the windshield of their Boeing 737 MAX 8 was mysteriously smashed at 36,000 ft, leaving the pilot with a bloody arm. Photos of the damage were shared on social media. The flight diverted to Salt Lake City and passengers were transferred to another plane. Initial reports suggest the debris may have been space matter. NTSB is investigating.
US President Donald Trump said on Sunday that the Donbas region in Ukraine should be “cut up,” with most of it left under Russian control, as a way to end a war that has lasted for almost four years. Trump made the remark while on Air Force One. “Let it be cut the way it is.. It’s cut up right now,” he said.
Secret Service and FBI investigate a suspicious hunting stand with a clear view of Air Force One's exit at Palm Beach airport. No arrests made, but White House and Trump's son express concern. This follows a previous attempt on Trump's life, with the perpetrator facing life in prison.
Trump is optimistic about US-China trade talks as he said relationship with Xi remains strong. Talks are set to resume in Malaysia amid tensions over rare-earth standoff and proposed tariffs. China seeks to calm global concerns about export curbs, assures officials that move is meant to create long-term trade mechanism.
Newly surfaced CCTV footage from Paris’s Louvre Museum shows one of the suspected robbers cutting through a glass display case with a mini chainsaw during Sunday morning’s daring jewel heist.
Indian markets opened higher on Diwali, with investors keeping an eye on global factors like oil, gold, and currency. The previous trading session showed gains in equity indices. Asian markets also started the week positively, led by Japan. US markets ended on a high note, with all three major indices closing higher. The US dollar and crude oil prices saw slight fluctuations.
US President Donald Trump has escalated his threats of imposing "massive tariffs" against India for purchasing Russian oil while the country is involved in a conflict in Ukraine. Despite Indian Prime Minister Narendra Modi's assurance to halt trade with Russia, Trump reiterated his stance this week. He warned that if India continues to buy Russian oil, they will face significant tariffs.
Banks across India will be closed from October 20 to 23 for Diwali, Laxmi Puja, Govardhan Puja, and Bhai Dooj. Online banking and digital payments will still be accessible. The fourth Saturday and Sunday will also be routine bank holidays, with additional closures for regional festivals like Chhath Puja and Sardar.
Major companies caught investors' attention with their latest quarterly results, strategic moves, and sector updates. Reliance Industries reported a 15.9% profit jump, while HDFC Bank's cautious growth and JSW Energy's mixed performance were in focus. The market closed with strong gains, with BSE Sensex climbing 484.53 points and NSE Nifty rising 124.55 points.
Mercedes-Benz introduces new shade, Verde Silver Metallic, for E-Class in India. This deep silver with a hint of green adds sophistication and individuality, making it stand out in urban environment. E-Class LWB variant line-up, including E200, E220d, and E450 4Matic AMG Line, now available in this shade. Price drop due to GST reforms makes the E-Class more accessible.
The festive week has begun and the Street will close on Tuesday, October 21, leading to a slow earnings season for the second quarter. Nifty 50 companies like Coforge, Dr Reddy's Laboratories, SBI Life Insurance, and Kotak Mahindra Bank will announce their Q2 results. Other notable companies include Laurus Labs, ITC Hotels, and Kotak Mahindra Bank.
The UK and Australia are top providers of higher education in India, with nine UK universities and specialized campuses in GIFT City. This is due to regulatory support and affordable prices, making it a popular choice for students seeking a UK degree. Programs are available in strategic locations like Mumbai and Bengaluru.
TVS has launched the Apache RTX 300, a new challenger in the motorcycle adventure touring segment. It boasts a powerful 299.1-cc engine, four riding modes, cruise control, and a full-colour TFT display with Google Maps mirroring. Priced at Rs 1.99 lakh for the base variant, it offers more power and features than its similarly-priced rivals, making it a strong value proposition.
Hyundai plans to introduce their premium brand, Genesis, in India by 2027 to compete with luxury carmakers like Mercedes-Benz, BMW, and Audi. The vehicles will be designed in Germany, Korea, and California, with most being manufactured in South Korea. The brand aims to offer competitive pricing by locally assembling the vehicles in India, with a line-up of sedans and SUVs, including the GV model.
The NITI Aayog report suggests modernizing and providing financial incentives for deep-sea and offshore fishing in India to alleviate pressure on coastal fisheries, increase seafood exports, and create jobs while promoting ecological sustainability. The report recommends investing in a tuna or deep-sea fishing fleet, deploying carrier boats, and developing a network of fishing ports and landings.
Hero Future Energies (HFE) is preparing for a Rs 3,500 crore IPO and has received Rs 1,908 crore in funding from SBI and Canara Bank. CEO Srivatsan Iyer shares their focus on project execution and green hydrogen projects. The PPA process has improved, and renewable and thermal power will coexist as the government aims for 500 GW of renewables by the near future.
"From Mumbai to Ahmedabad and Delhi to Bengaluru, people are flocking to shopping centres and malls for their Diwali purchases. While smaller shop owners are facing disappointment with a drop in sales, larger retail players like Vijay Sales, Lifestyle, Kalyan Jewellers, Tanishq, and Shoppers Stop are seeing high footfalls due to festive offers, GST cuts, and easy financing.
Crompton Greaves Consumer plans to double revenue in five years by expanding focus on solar segment, including solar pumps and rooftops. Company investing in manufacturing, technology, and innovation, with introduction of energy-efficient fan and pump technology. Anticipated growth in solar energy demand presents opportunity for early success in market.
The secondary market in Samvat 2081 saw a decline in earnings and reduced retail participation due to global headwinds and elevated valuations. However, IPOs thrived and raised a record amount of Rs 1.78 lakh crore. Companies had to adjust their issue sizes and valuations due to market conditions, including tariff uncertainty and lower earnings.
The Nifty has surpassed the important 25,400 mark, causing foreign institutional investors (FIIs) to cover their short positions. This has led to a bullish trend with the Nifty aiming for new highs and a target of 26,600. However, a correction could occur with support at 25,508 and the trendline at 25,450. Despite closing at a 52-week high, the Nifty has only gained 5.37% since last Diwali.
The draft Electricity (Amendment) Bill 2025 aims to bring in cost-reflective power pricing, eliminate cross-subsidies, and end discom monopolies. This will ensure financial viability of discoms while enhancing industrial competitiveness. The bill proposes to provide electricity regulators the discretion to fix tariffs, improve revenue flow, and push for industrial competitiveness.
E-commerce platforms have experienced a surge in festive season shopping, with a 24% increase in order volumes and 23% rise in gross merchandise value. Smaller towns, quick commerce orders, and high-value purchases in categories like gold and furniture are driving this growth. Tier II and III cities have shown the strongest increase, with a 120% jump in quick commerce orders.