20 C 
US bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed economic data, which showed persistent inflation pressures.
SBI weighs data leak impact, alerts cyber cover provider
SBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, people familiar with the matter told ET. SBI is in the process of notifying the insurer about the claim, said a person aware of the development.
Bhadohi (Uttar Pradesh) [India], October 22: Business Growth Consultant Dr. Ujjwal Baranwal has launched the Lala se Legacy Academy, a structured growth program for India's micro, small and medium enterprises (MSMEs). The program helps owner-led businesses move from founder-dependent operations to system-driven enterprises that can grow beyond the owner.
I-T likely to send notices over undisclosed foreign property
The Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through spontaneous exchanges and prior investigations into overseas assets. The FAST-DS scheme allows individuals to voluntarily disclose properties without facing penalties or prosecution. This opportunity aims to regularize the foreign assets of small taxpayers effectively. Overall participation in the scheme has been lower than anticipated due to its limitations.
UBS Defeats Ex-Credit Suisse Managing Directors Back-Pay Claims
UBS Group AG prevailed against two former Credit Suisse Group AG managing directors who argued their deferred-compensation certificates shouldnt have been written down when the banks merged in 2023.
India Post revenue rises 25% in Q2 as parcel biz soars: Minister Scindia
India Post has reported a revenue growth of 25% year-on-year for the September quarter. The increase was largely driven by a 71% rise in parcel revenue. Revenue from premium and rural postal life insurance also surged by 44%, contributing significantly. The communications minister emphasized the need for improved customer engagement and digitisation. Efforts to enhance cross-selling among services were also highlighted during the announcement.
Barclays to cut 5,000 jobs in AI-led cost drive as Q3 profit rises 12%
Barclays plans to cut around 5,000 jobs, or 5% of its workforce, this year as it uses AI to reduce costs, even as third-quarter profit rose 12% to 2.3 billion.
GST return forms likely to be tweaked to curb mismatches
The government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be available for public feedback starting November 1 and the changes take effect on April 1, 2027.
CRMIT Introduces Agentic Assurance Model to Help Enterprises Build Trust in AI Agents
Bengaluru (Karnataka) [India], October 22: CRMIT Solutions, a Decision Intelligence and Agentic AI company, today announced the launch of its Agentic Assurance Model, a proprietary five-layer framework designed to help enterprises assess whether AI agents are ready to operate reliably across real-world business processes.
Following Supreme Court directions, Andhra Pradesh urban polls paused
Even as SEC paused the process, YSRCP alleged that the ruling TDP cadres continued to attack and intimidate its candidates for the second consecutive day. The Opposition party released videos of several places and alleged that the modus operandi had been to not allow senior YSRCP leaders to accompany candidates to nomination centres and then snatch the nomination papers to prevent them from filing.
Berlin Global Dialogue: EU inviting disaster through carbon tax, says Piyush Goyal
Piyush Goyal expressed concerns over the EU's carbon tax and numerous regulations impacting their steel industry. He warned that these measures could lead to increased costs and decreased competitiveness for EU businesses. Goyal highlighted that the high import duties and standards could harm the economy and raise the cost of living. He mentioned the reciprocal nature of trade regulations in response to the EU's actions.
Airbnb new guidelines: What travellers need to know before booking a vacation rental
Beginning on November 20, Airbnb is rolling out updated guidelines to enhance cleanliness expectations for guests. Hosts can no longer impose extensive cleaning responsibilities, permitting only simple tasks. A new feature in the app aims to clarify house rules and host requests for better guest comprehension. If guests encounter unreasonable demands, they can report them. It's important for travelers to check house rules and total expenses before confirming their bookings.
Why has Rhode Island sued Meta over scam ads on Facebook, Instagram and WhatsApp? Explained
The complaint seeks civil monetary penalties for each alleged violation of Rhode Island law, restitution for affected consumers and the recovery of profits that Meta allegedly obtained unlawfully.
Trains will operate from 6 am to 9 pm in both directions under the revised schedule. Until now, services on this stretch have started at 7 am and continued until 9 pm.
SoftBank Group's market value halves from its peak as AI fears grow
Rising borrowing costs, debt-funding risks and intensifying AI competition weigh on investor confidence in SoftBank's investment strategy
Oil India Limited has shifted its corporate office from Noida to the World Trade Centre in New Delhi following board approval on October 21, 2026. The company's registered office will remain in Assam. Check the new office address and details.
CPCL net profit more than triples to 2,271 crore in Q2
Chennai Petroleums gross refining margin more than doubled to $20.41 a barrel in the September quarter, while profit before tax rose to 3,032 crore from 994 crore a year earlier
Adani Energy Solutions profit more than doubles to 1,364 crore
Profit before taxes of the transmission and distribution businesses increased 26.2% and 42.4% on a year-over-year basis during the reported quarter.
We want to be number one again: Nischal Shetty, WazirX Founder
From July to September this year, traders on our spot platform have increased by 100-111 per cent, and our volumes have increased by 124 per cent, says Shetty
Jio Platforms IPO dents investor bandwidth for listed stocks; Liquidity shift weighs on markets
Market experts flag liquidity diversion from secondary markets amid strong demand for Indias largest IPO
One flaw, millions of websites : The PHP2Shell threat
The name combines PHP, the programming language affected, and shell, a term for an interface that allows commands to be issued directly to a computer
The product launches on Blinkit on October 21 for 60 days, then rolls out to other e-commerce platforms and offline retail
Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 points, Nifty declined 124 points, and BSE-listed companies lost Rs 3 lakh crore in market value.
Yes Bank unlikely to pay AT1 bond coupons despite bond holders demand, sources say
Yes Bank has announced potential non-payment of coupons on additional tier-1 bonds this fiscal year following a Supreme Court decision that annulled the previous write-off of these bonds. Bondholders are advocating for repayment based on the court's ruling, which emphasizes unsettled dues. Nonetheless, Yes Bank maintains it has ultimate authority over coupon payments, raising concerns about its financial losses impacting these obligations.
Our focus is to remain cost competitive, achieve 80 MT by FY28
Though cement demand from infrastructure projects may remain buoyant, the rising lending rate may slow down demand from the real estate sector
Rane Holdings Ltd to invest an additional 80.85 crore in ZF LIFETEC Rane Automotive India
Funds for ZLRAIs capex and operational needs; shareholding remains unchanged at 49%
Xtendr launches bitom platform to digitise physical brand touchpoints
Platform allows brands to update consumer interactions without changing assets
SBI Securities appoints Ayaskant Mohapatra as CTO to drive digital overhaul
In his new role, Mohapatra is expected to lead efforts around building scalable systems, strengthening cybersecurity, and improving customer-facing digital platforms
BKT ties up with Pirelli for premium car tyres as rivals commit 8,600 crore to expansion
Rising SUV sales, premiumisation and demand for larger tyres are reshaping Indias passenger-vehicle tyre market. Established manufacturers have announced 8,600 crore in capacity expansion, while BKT is seeking to diversify beyond off-highway tyres through assured orders, technical expertise and a future manufacturing venture with Pirelli.
HPCL posts net profit of 3,625 cr in Q2 FY27
Gains from higher refining margins were offset by losses from sale of petrol, diesel and liquefied petroleum gas (LPG).
Colgate India Q2 sales rise 12.2%, profit grows 4.3%
Toothpaste volumes, premium products lifted quarterly sales, but higher advertising and employee expenses constrained bottom line growth
Swiggy narrows losses to 922 cr; says competition wont ease soon
Revenue from operations rose 36 per cent y-o-y to 7,571 crore in Q2, up from 5,561 crore a year ago
Pricing pressure in the US to weigh on Dr Reddys Q2
The drug maker, expected to report results on October 23, could post sequential improvements in revenue and profitability
Titans jewellery growth to moderate in Q2 as festival demand shifts
The company will announce its results on November 5
PNGS Reva Diamond Jewellery posts 62% Dussehra sales jump, opens Jaipur store
For the Navratri-Dussehra period, the certified natural diamond jewellery retailer posted sales of 38.53 crore, up 35.01% y-o-y
Maggi, Kitkat witnessing strong growth in India, headroom for expansion
Last week, Nestle India said total sales grew 20.5 per cent to 6,782.2 crore in the September quarter
Sebi warns investors against WhatsApp stock tips. Here's how you can avoid such traps
SEBI has cautioned investors against exclusive WhatsApp groups spreading unauthorised stock tips and fake profit claims. The regulator flagged astroturfing, overseas numbers, replacement groups and suspicious trading apps, urging investors to verify credentials and use registered intermediaries.
Sunil Kumar appointed ONGC chairman for three years from December 7, 2026
The ACC has approved Sunil Kumar's appointment as ONGC chairman for a combined three-year tenure starting December 7, 2026. He will succeed Arun Singh, who took charge in 2022
Festival season to boost textile sales; Chinese imports remain a concern
HPCL net profit slips 9% amid volatile crude prices in Q2
The Mumbai-headquartered oil-marketing companys gross refining margin stood at $32.15 for every barrel during the reported quarter.
HPCL net profit slips 9% amid volatile crude prices in Q2
The Mumbai-headquartered oil-marketing companys gross refining margin stood at $32.15 for every barrel during the reported quarter.
Hatsun Agro Product reports 6 per cent increase in PAT in Q2FY27
The revenue growth was driven by sustained consumer demand across all core categories
Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressure
In the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by 26.6% amidst price competition and discounts across the sector. Public sector insurers saw a sharper decline in crop insurance compared to general insurers, impacting overall growth. Non-life insurance premiums grew 6.1% year-on-year, and health insurance experienced a 20.2% increase.
Black Dog Whisky, Manish Malhotra team up for limited-edition festive pack
The limited edition is positioned as a collectible gift item rather than a new product variant, the whisky itself remains unchanged
EU move to restrict scrap export may push cost, says Jindal Stainless CEO
Revises EBITDA-per-tonne guidance for FY28 to 20,000-22,000 from 18,000-20,000
Sunil Kumar to be next ONGC Chairman
Kumar will take over the charge from Arun Kumar Singh, whose extension ends on December 6.
Mahindra Lifespaces' Q2 profit falls 66% despite strong sales growth
Mahindra Lifespaces reported a 65.9 per cent decline in Q2FY27 net profit to Rs 16.34 crore, while consolidated sales rose 32 per cent to Rs 1,126 crore during the quarter
NCDEX launches NDEX and FINNDEX to expand into equity benchmarks
NCDEX has launched NDEX and FINNDEX, two equity benchmarks tracking 20 large, liquid Indian stocks and 15 financial sector companies. Their multi-factor methodology incorporates market capitalisation, trading activity, beta and volatility, with semiannual rebalancing.
CreditAccess Grameen Q2 profit jumps fourfold to Rs 502 crore
CreditAccess Grameen reported a fourfold rise in Q2 net profit to Rs 502 crore, driven by higher income, lower expenses and credit costs. Improved asset quality prompted upward revisions to profitability guidance, while assets under management grew 19.5%.
Hatsun Agro Product Q2 Results: Profit rises 5.6% on strong sales
Hatsun Agro Product reported a notable growth in net profit for the September quarter, reaching Rs 115.69 crore, up from Rs 109.54 crore from last year. Total income also surged to Rs 2,902.49 crore, showcasing strong sales amidst industry hurdles. The company emphasizes enhancing direct consumer relationships and expanding its market footprint in Maharashtra and Odisha, while continuing to invest in its procurement, processing, and distribution systems.
India commercial insurance rates fall as capacity, competition rise
Commercial insurance rates in India decreased significantly in 2026 due to increased competition among insurers. Property and financial liability insurance rates fell for the fourth consecutive quarter, providing businesses with better terms. Cyber insurance also witnessed a decline, marking the twelfth consecutive quarter of reduced rates in the IMEA region. Insurers became more competitive, allowing businesses to negotiate premiums and coverage more effectively.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk deposits and slowed term deposits mobilisation during the second quarter while it raised $2.3 billion (about Rs 21,000 crore) of foreign currency non-resident-bank (FCNR-B) deposits using the regulatory window.
BSE, MMTC-PAMP partner to boost Indias electronic gold receipts market
Under the partnership, BSE will launch EGR contracts in multiple denominations and enable seamless conversion between physical gold and electronic receipts
Indian shipyards double delivery pipeline, but still hold only 0.5% of global orders
Indias shipbuilding push faces uphill battle as China dominates global orders.
Swiggy Q2 net loss narrows 15.6% to 922 crore, revenue rises 36%
Swiggy's food delivery adjusted EBITDA rose 101 crore year-on-year to 341 crore in Q2FY27, while Instamart's gross order value grew 16.7 per cent sequentially to 9,230 crore.
Royal Sandur Group company forays into medical devices and consumables
A long-term lease deed was executed between Royal Sandur MedTech Private Limited and Andhra Pradesh MedTech Zone Limited for setting up a manufacturing unit
Ultraviolette launches X-47 Venom at 2.65 lakh, deliveries in November
The next-generation X-47 Crossover comes with an IDC-certified range of 343 km, a top speed of 155 kmph and a 0-100 kmph acceleration time of 5.9 seconds
FSSAI rolls out initiative for start-ups, emerging food brands
The initiative will support start-ups by offering weekly online interactions for live query resolution as well as a dedicated email help desk
Israeli Prime Minister Benjamin Netanyahu has invited Indian Prime Minister Narendra Modi to participate in Independence Day celebrations. Modi expressed gratitude for the invitation and acknowledged the cooperation between India and Israel on terrorism. Both leaders emphasized the importance of their long-standing relationship over the years. Netanyahu shared this conversation on social media to highlight their collaboration.
Pakistan's decades of interfaith promises fail to protect Sindh's Hindu minorities
According to The Express Tribune, the event, organised by the Christian Study Circle at a local hotel, brought together political representatives, religious figures, lawyers and social activists. Participants called for coordinated efforts to tackle religious extremism, discrimination and abuses against vulnerable communities.
Swiggy faces quick-commerce test as Instamart losses hit 895 crore in Q2
Swiggy expects Instamarts adjusted Ebitda losses to decline in the December quarter from 895 crore in the September quarter
Beyond accumulation: Giving every investment a clear role in your portfolio
Building a robust investment portfolio requires a clear understanding of the foundational roles played by both core and satellite investments. Many investors fall into the trap of miscategorizing satellite strategies as core assets, which disrupts the overall balance. While Specialised Investment Funds (SIFs) are becoming increasingly popular, they must be aligned with specific functions in a broader investment strategy.
6 Thoughtful Features That Make the VinFast MPV 7 a Great Family Car
Gurugram (Haryana) [India], October 22: A seven-seat MPV can promise room for the whole family, but fitting everyone in is only half the job. The real test begins when the sun is beating down, someone needs more legroom, and the luggage seems to multiply just before departure.
Russian missiles pound Kyiv as Moscow says over 800 Ukrainian drones downed
Russia conducted a bombardment of Kyiv with ballistic missiles, resulting in casualties and substantial damage. Ukrainian officials reported fatalities and injuries due to targeted strikes on civilian areas, including markets and infrastructure. Following this escalation, President Volodymyr Zelenskyy criticized the lack of change in Moscow's approach toward peace negotiations. Peace talks with the U.S. and Ukraine were briefly discussed but yielded no significant progress.
Delhi plans to develop the Yamuna riverfront in two phases, modelled on Gujarat's Sabarmati Riverfront, with parks, cycle tracks, walking paths and sports grounds. The government expects visible improvements in river cleanliness in about 2.5 years.
Colgate-Palmolive Q2 net profit up 5.5% to 342 crore, narrowly misses estimates
A 12.2% increase in revenue and toothpaste volume gains drove Q2 performance, but Ebitda margin fell 287 basis points amid rising input costs and higher ad spend.
Xbox Cloud Playtime launched: What is it, pricing, and everything else you need to know
Microsoft has unveiled a groundbreaking service called Xbox Cloud Playtime, enabling gamers to stream titles without needing a Game Pass subscription. Currently in preview for Xbox Insiders, it is set for a broader release in November. Players can buy cloud playtime in several hour increments, allowing them to stream eligible games on compatible devices. Due to increasing costs, restrictions have been placed on cloud gaming for Game Pass users.
Nearly 58% of engineers want FDE roles, but 90% lack a clear upskilling path, says report
Nearly 58% of engineers want to become forward-deployed engineers, but nine in 10 lack awareness of a structured upskilling path, a Scaler report says, adding 88% of Indian enterprises expect demand for the roles to rise by 2030, while only 1% of engineers currently hold designated FDE positions.
'The last thing I want': Trump downplays Witkoffs humanitarian praise for Putin as Europe erupts
Naman Dhir's unbeaten 42 off 15 balls helped India complete their highest successful T20 chase against New Zealand, earning praise from captain Shreyas Iyer for his composure and all-round options. Dhir's breakthrough comes after he nearly quit cricket in 2022 to move to Canada, before his father's encouragement led him to continue, make his Ranji Trophy debut and earn an IPL opportunity.
SITRA in Coimbatore signs MoU with Taiwan institute
West Asia war uncertainty weighs on Jindal Stainless volume outlook
The company has lowered its sales volume growth guidance to 4-6% for FY27 from 7-9% earlier
Explore a steady approach to portfolio tracking
When the market experiences corrections, panic can easily set in for investors, causing them to rethink their long-term commitments. It's common to see reactions to volatility, even when the strategies themselves are unchanged. Success in wealth creation hinges on sticking to a steady approach instead of trying to outsmart market variations. Regularly assessing financial goals and portfolio health helps investors sidestep emotional choices and concentrate on achieving lasting financial outcomes.
HPCL Q2 profit falls 9% to 3,483 cr on higher costs, tax expenses
HPCL's Q2 net profit fell 9% to 3,483 crore as higher crude oil prices and tax expenses squeezed margins, despite a 26.2% rise in product sales to 1.39 trillion.
Colgate-Palmolive India Q2 Results: Profit rises 4.3% to Rs 341.6 crore
Colgate-Palmolive India Ltd has reported a 4.3% increase in net profit for the September quarter. The company achieved a net profit of Rs 341.57 crore compared to Rs 327.51 crore last year. Sales increased by 12.22% to Rs 1,691.57 crore in this quarter. The gross margin expanded by 40 basis points year-on-year, reflecting cost management strategies and pricing actions.
Adani Total Gas Q2 profit rises 3% to 167 cr as revenue jumps 34%
Adani Total Gas' Q2FY27 net profit rose 3% to 167 crore, while revenue jumped 34% to 2,102 crore, driven by higher CNG and PNG sales despite a 43% rise in natural gas costs.
Sebi allows margin relief against early pay-in of securities for subsequent trades
The Securities and Exchange Board of India (Sebi) has announced a new directive that eases margin requirements for clients with a net sell obligation. This policy is particularly applicable when early pay-in requests are accepted by the clearing corporation, allowing clients to execute trades more efficiently. No margin will be collected on future trades up to the value of accepted early pay-in securities.
Cotton prices surge 4,000 a candy, T.N. textile mills fret over costs
Adani Energy Solutions reports 51% rise in Q2 income, profit at 1,364 cr
Higher revenues from transmission and energy solutions drove Adani Energy Solutions' Q2 FY27 net profit to more than double year-on-year to 1,364 crore
HPCL Q2 Results: Profit slips 6% YoY to Rs 3,625 crore, revenue jumps 26%
HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margins surged, fuel sales increased, and investments advanced infrastructure expansion, innovation, and green energy initiatives.
Mahindra Lifespace Q2 profit down 66 pc to Rs 16 cr
Mahindra Lifespace Developers Ltd experienced a substantial 66 percent drop in consolidated net profit for the quarter ending September 2026, with profits falling to Rs 16.34 crore compared to Rs 47.91 crore last year. However, total income saw remarkable growth, reaching Rs 104.02 crore, up from Rs 33.06 crore. For the first half of this fiscal year, net profit saw a minor uptick to Rs 101.
Colgate-Palmolive India posts 4.3% rise in profit to 341.6 crore in Q2
CPIL's sales were up 12.22% to 1,691.57 crore in the September quarter of FY27 from 1,507.24 crore a year ago
Colgate-Palmolive India Q2 net profit rises 4.3%, revenue up 12.3%
Colgate-Palmolive India's revenue rose 12.3 per cent to Rs 1,705.8 crore in Q2FY27, driven by double-digit domestic growth and strong performance in its premium toothpaste portfolio.
Jindal Stainless Q2FY27 net profit rises 11% to 898 cr, revenue up 18%
Jindal Stainless reported an 11 per cent rise in Q2FY27 net profit to Rs 898 crore, supported by higher sales volumes, strong exports and demand for value-added products
Jaipur (Rajasthan) [India], October 22: Yogesh Arvind Puranik's Decoding The Ramayana: An Ancient Blueprint for the Modern Mind has debuted on Amazon Kindle at #2 in Success - Hot New Release and #3 in Myths, Legends & Sagas, sharing the Top 3 with Jeffrey Archer's Adam & Eve (#1) and Megan Shade's The Washwoman at the River's End (#2). The dream debut, as Puranik described it on social media, adds fresh commercial momentum to a landmark year in which the Indian author and management thinker has received seven national and international literary awards. The honours recognize a body of work spanning more than twenty books across fiction, poetry, and philosophy, with critical attention centred on the novel The House of Anand Rathore and Decoding The Ramayana.
United Airlines CEO Scott Kirby says Starlink's in-flight Wi-Fi is attracting passengers from rival airlines, with Elon Musk saying the service moves the needle as the carrier expands its rollout.
Sapphire Foods India Q2FY27 net loss narrows to 1.5 cr, revenue up 20%
Sapphire Foods India's revenue rose 19.6 per cent to Rs 888 crore in Q2FY27, with KFC recording 14 per cent same-store sales growth and Pizza Hut India reporting 5 per cent growth
SpaceX is offering employees a 20% pay premium for six-week assignments in Memphis, Tennessee, and Southaven, Mississippi, as it accelerates the expansion of its Colossus data centres.
Havells Q2 net profit rises 9.7% to 349 cr as revenue grows 34.6%
Havells India's Q2FY27 net profit rose 9.72% to 349.22 crore, while revenue surged 34.57% to 6,432 crore, driven by strong growth in cables, switchgear and consumer durables.
Indian equity markets fell for a third consecutive session as weak global cues and sustained selling weighed on sentiment. The Nifty 50 declined 0.54% to 22,688, while the Sensex dropped 0.62% to 73,249.
