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Sydneys New $4 Billion Airport Opens With Barely Any Flights

After more than half a century of political procrastination, environmental protests and funding shortfalls, Sydney finally has a second airport. But the new A$5.6 billion ($4 billion) sites commercial prospects are already in question.

Livemint 19 Oct 2026 1:50 am

UAE VAT changes to increase costs and compliance burden for Indian businesses

While the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,000 operating as of June 2025, making the changes particularly relevant for them. Indian-owned businesses in construction, hospitality, manufacturing, logistics, and retail sectors could face a greater impact because of their substantial expenditure on employee accommodation, transport, connectivity and workforce-related services, international tax advocate Priyanshi Chokshi said.

The Economic Times 19 Oct 2026 1:20 am

Challenges ahead for Fairfax's management of IDBI Bank post 52,878 crore stake deal approval

Fairfax Financial's subsidiary has acquired a 60.7% stake in IDBI Bank for 52,878 crore, leading to potential operational changes. The new management faces challenges such as employee resistance and asset quality improvement. Despite having a higher profitability compared to peers, IDBI Bank's gross non-performing asset ratio remains concerning. The bank's success will rely on its ability to enhance asset quality while maintaining earnings growth.

The Economic Times 19 Oct 2026 1:19 am

Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv Subbarao

D Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that do not address structural issues behind capital outflows. The rupee's recent recovery followed the Reserve Bank of India's measures to reduce dollar demand. Subbarao highlights the importance of tax reforms to attract foreign investment in India.

The Economic Times 19 Oct 2026 1:15 am

Private banks' margins fall as FCNR deposits raise funding costs

In the second quarter, leading private sector banks in India reported a drop in net interest margins. This decline was primarily caused by the costs associated with foreign currency non-resident deposits. Analysts noted that the leveraged nature of these deposits significantly impacted profitability. Additionally, banks faced pressure from faster repricing of assets as interest rates declined.

The Economic Times 19 Oct 2026 1:07 am

IIFL Finance plans to raise 2,500-5,000 crore by selling stake amid Fairfax exit rumors

IIFL Finance is intending to raise 2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to limit dilution. Fairfax Financial Holdings is likely to sell its stake due to regulatory norms. IIFL aims to enhance its capital position amid evolving market conditions. These measures are expected to create synergies for IIFL Capital as part of IDBI Bank.

The Economic Times 19 Oct 2026 1:00 am

Villagers hail communal harmony as Ramleela halted after elderly Muslim woman's death

The Ramleela performance in Mohra village was suspended following the death of an elderly local woman. Villagers mourned Gafooran's passing, as she was seen as a family member in the community. Adarsh Ramleela Committee decided to halt the performance out of respect for her contributions. Her death had a profound impact, casting a shadow over the village. Villagers expressed their deep sorrow and loss in response to her passing.

The Economic Times 19 Oct 2026 12:54 am

Farmers face 15% loss as poultry feed costs surge

Poultry farmers are currently experiencing losses of approximately 15% due to rising livestock feed costs. Key ingredients have seen price increases of up to 75%, affecting farmers' ability to cope. Dairy producers, particularly in drought-affected regions, struggle to source necessary fodder for their livestock. Feed manufacturers are also feeling the impact as higher prices reduce demand for their products.

The Economic Times 19 Oct 2026 12:54 am

Banks also count cost of insurance payout curbs

Central Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a 145-crore hit to its fee income from similar changes. Axis Bank aims to mitigate losses through increased sales volumes and alternative income sources. HDFC Bank has not yet assessed the potential impact of the new rules.

The Economic Times 19 Oct 2026 12:51 am

Maharashtra UCC Panel puts live-in, women's property rights in focus

The seven-member drafting committee panel, headed by retired Supreme Court Justice Ranjana Desai, has opened a website for the people, where 37 questions are being asked and citizens are asked to give in their opinions before November 15. Maharashtra Chief Minister Devendra Fadnavis has already said that the state will bring in a UCC bill during the Winter assembly session in Nagpur at the end of the year.

The Economic Times 19 Oct 2026 12:48 am

Anup Bagchi backs 'exceptional' team as he connects the dots at HDFC Bank

Anup Bagchi is set to take charge as MD and CEO of HDFC Bank starting October 27. He is currently familiarizing himself with the bank's balance sheet and profitability structure. Bagchi aims to engage with regulators, customers, and stakeholders to gather insights before implementing changes. His focus is on understanding the organization's operations rather than rushing into strategic alterations.

The Economic Times 19 Oct 2026 12:44 am

Army Major's wife, ChatGPT, Claude & China links: How this Indian woman landed in the middle of Jammu espionage probe

An Army officers wife has been booked in Jammu in an alleged espionage case for reportedly preparing research papers on sensitive national security issues using AI tools ChatGPT and Claude. Officials, as cited by PTI, alleged that she was in contact with foreign nationals, including individuals suspected of links to Chinese intelligence agencies. Her mobile phone has been seized for forensic examination, and investigators are probing whether sensitive information was shared.

The Economic Times 19 Oct 2026 12:39 am

Tata Sons reviews AoA to meet Sebi listing norms

Tata Sons is reviewing its Articles of Association to comply with Sebi listing regulations, which may impact the influence of Tata Trusts on board appointments. This scrutiny follows the RBI's rejection of Tata Sons' application to relinquish its core investment company registration, necessitating compliance with strict governance standards for listed entities.

The Economic Times 19 Oct 2026 12:31 am

Starlink speed restrictions seem deliberate: Volodymyr Zelenskyy

After sending vehicles connected to Starshield to Europe to conduct speed checks and finding they operated normally outside Ukraine, officials in Kyiv concluded that restrictions are on the territory of Ukraine - so it is a planned operation, Volodymyr Zelenskyy said.

The Economic Times 19 Oct 2026 12:31 am

Panel to probe Kolkata stampede; nine IPS officers to handle festive rush

A high-powered committee led by a Calcutta High Court judge will probe the adverse incident at the Chorbagan Puja Committee. To improve crowd control, nine IPS officers have been assigned to manage the festivals crowds effectively. The disaster management secretary and other officials are inspecting various puja pandals to ensure safety measures. Compensation cheques of 25 lakh will be distributed to the bereaved families on specified dates.

The Economic Times 18 Oct 2026 11:55 pm

Who is Amal Kelshikar? Why did he resign from the position of Torrent Pharmaceuticals' Executive Director? Explained

Torrent Pharmaceuticals accepted Executive Director Amal Kelshikars resignation, effective at the close of business on 16 October 2026. Kelshikar said in his resignation letter that he was stepping down after reflection and believed it was the right time to transition.

Livemint 18 Oct 2026 11:54 pm

Jantar Mantar chhoo-mantar, not protests

Jantar Mantar has recently been officially designated as a site for demonstrations in India. Jantar Mantar's transformation follows a history of protest locations like the Boat Club lawns. The change brought about noticeable effects on protest dynamics across the region. While protests do not fade away, they often shift in location based on official designations. Authorities face increased scrutiny to manage and maintain these designated sites appropriately.

The Economic Times 18 Oct 2026 11:52 pm

SKY is the limit! Suryakumar Yadav's ultra-luxury Dubai real estate investment: Inside SRK-branded Danube elite home

Indian cricketer Suryakumar Yadav has announced an investment in Shahrukhz Residences by Danube, a waterfront residential project in Dubai Maritime City. 

Livemint 18 Oct 2026 11:35 pm

Meta revises terms governing website content: What's new and changed? What rights do publishers retain now? Explained

Meta will update its website terms on 30 October, removing explicit language authorising the use of crawled content to train its products. The terms still allow automated crawling and collection, with stated purposes narrowed to advertising and business products and product security.

Livemint 18 Oct 2026 11:26 pm

Airtel launches voice-only plans at 185, 203 and 206 after TRAI's mandate: What each plan offers

The plans are aimed at subscribers who primarily use their phones for calling and messaging rather than mobile internet.

Livemint 18 Oct 2026 9:45 pm

OMCs exclude sugarcane-based ethanol from FY27 tender, cut maize incentive

Bharat Petroleum Corporation invites bids for 11 billion litres to meet 20% petrol blending target

Livemint 18 Oct 2026 9:33 pm

Tata Trusts 1,556 crore spending in FY26: Rural development, education and cancer care lead

Tata Trusts disbursed 1,556.31 crore in the year to March 2026, with rural development receiving the largest share. Chairman Noel Tata said the group is working toward a network of 40 to 50 not-for-profit general hospitals, where paying patients would help fund care for those unable to afford it.

Livemint 18 Oct 2026 9:17 pm

Infosys Q2 revenue growth likely to remain modest; analysts see guidance cut

According to a poll of brokerages, revenue for Q2FY27 is expected to range between 49,090 crore and 49,323 crore

The Hindu Businessline 18 Oct 2026 8:57 pm

Weather tomorrow, October 19: Heavy rain warnings for Tamil Nadu, Kerala, Karnataka, Andhra Pradesh & Telangana till October 24; check city-wise IMD forecast

The India Meteorological Department (IMD) has forecast continued rainfall across southern India from October 19 to October 24, 2026, with isolated heavy to very heavy rain likely in Tamil Nadu, Puducherry, Kerala, Karnataka and parts of Andhra Pradesh. Thunderstorms, lightning and gusty winds are also expected in several regions. Here is the state-wise weather forecast, including rainfall warnings, affected dates and the IMD's fishermen advisory for the southwest Arabian Sea.

The Economic Times 18 Oct 2026 8:52 pm

Trump endorses Netanyahu for re-election, warns US could finish the job against Iran

US President Donald Trump has endorsed Israeli Prime Minister Benjamin Netanyahu, highlighting his leadership against Iran and calling him a reliable partner. Trump emphasized that Iran's threatening rhetoric could lead to serious consequences and commended Netanyahu's strength in dealing with various pressures. He warned of potential US involvement if the leadership in Israel changes. Trump's support is labeled as a complete and total endorsement for Netanyahu's re-election campaign.

The Economic Times 18 Oct 2026 8:51 pm

France protests: How a viral TikTok rumour, 132 million views and the Young Vests slogan revived memories of the 2018 Yellow Vests movement

France protests on October 17 drew attention to a viral TikTok campaign that reportedly garnered 132 million views and 18 million likes. The online mobilisation revived memories of the 2018 Yellow Vests movement, as students, workers and protesters voiced anger over rising fuel prices, living costs and deteriorating public services.

The Economic Times 18 Oct 2026 8:31 pm

RCom RP files curative petition, challenging February SC spectrum ruling

Resolution professional Anish Nanvaty seeks recall of the Supreme Court verdict excluding spectrum from IBC proceedings, arguing that the ruling causes irreversible harm to lenders

Business Standard 18 Oct 2026 8:18 pm

The Kolkata crush and mechanics of pandal safety: Why smart city sensors fail in high-density downpours | Explained

A stampede at Kolkatas Chorbagan Sarbojonin Durga Puja pandal killed 19 people and injured 25. The incident has drawn attention to limits in crowd-monitoring technology, including failures in dense, rainy conditions, and to risks posed by temporary structures under heavy rain and crowd pressure.

Livemint 18 Oct 2026 8:01 pm

FSSAI directs companies to ensure controlled temperature transport, storage of perishable food products

Regulator asks FBOs to ensure hygienic transport and storage across the supply chain to protect public health

The Hindu Businessline 18 Oct 2026 7:28 pm

PNB CEO Ashok Chandra sees profit momentum continuing after strong Q2, eyes 6,000 crore quarterly profit milestone

The bank has maintained consistency in operating profit, net profit and other key parameters over the past four quarters, and expects the trend to continue, Chandra said.

Livemint 18 Oct 2026 7:02 pm

Himadri's H1FY27 profit rises 29% to 460 crore on speciality growth

Revenue from operations rose 43% to Rs 3,123 crore in H1FY27, while EBITDA increased 30% to Rs 616 crore, supported by an improved product mix and growth in core businesses

Business Standard 18 Oct 2026 6:43 pm

DLF bets big on luxury housing, plans projects worth 58,000 crore in Delhi-NCR, Mumbai over 2-3 years

The company also said it has launched projects covering 14 million sq ft over the past two and a half years, with a revenue potential of more than 56,000 crore.

Livemint 18 Oct 2026 5:56 pm

FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali

FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali

Livemint 18 Oct 2026 5:40 pm

The alchemy of black gold: inside Indias multi-billion-dollar push to turn coal into cheap industrial gas

Sitting on 400 billion tonnes of coal and a crippling 2.7 trillion import bill for energy products and chemicals, India is racing to turn dirty rock into cheap gas. Can multi-billion-rupee bets overcome tough economic costs and volatile markets?

Livemint 18 Oct 2026 5:34 pm

Punjab National Bank eyes Rs 6,000 crore quarterly profit after record September earnings

Punjab National Bank reported a record quarterly net profit of Rs 5,532 crore for September 2026. The bank's core operating profit grew by around 29 percent year-on-year despite treasury losses of Rs 1,000 crore. PNB aims to achieve Rs 6,000 crore in net profit in the upcoming quarters due to steady operational performance. Loan growth is being supported by retail, agriculture, and MSME segments during the festive season.

The Economic Times 18 Oct 2026 5:28 pm

Gujarat-based Transformers and Rectifiers weighs setting up of a transformer factory in UK

The Ahmedabad-based power equipment maker plans to first establish a sales and customer-support presence through its UK subsidiary, Maxwell Grid Transformers (UK) Private Ltd

The Hindu Businessline 18 Oct 2026 5:19 pm

Accenture weighs $1.5 billion sale of China business as AI push reshapes growth strategy: Report

Accenture is exploring a sale of its Greater China business for up to $1.5 billion, the Financial Times reported. The IT consulting giant has hired JPMorgan to advise on the review as it sharpens its focus on AI services and growth.

Livemint 18 Oct 2026 5:18 pm

JSW Steel gets relief in 2,169 crore mining dispute: What was the case and what Orissa HC ruled

In an exchange filing on Sunday, the company said the court concluded hearings and delivered its judgments on October 16, 2026.

Livemint 18 Oct 2026 5:05 pm

JLR India expands presence in Delhi, Gurugram, sees NCR as key market

Jaguar Land Rover (JLR) India is expanding its retail presence in the National Capital Region, with the luxury automaker relocating to a bigger integrated facility in Delhi and opening a new outlet in Gurugram, seeing it as a key growth market. The Tata Group-owned automaker's Managing Director, Rajan Amba said the move strengthens JLR's retail presence in the region, terming it an important market. Delhi remains an important market for JLR India, Amba said, adding, This integrated facility reflects our unwavering focus on delivering world-class retail and after-sales services in key growth markets. With the addition of the Gurugram dealership, JLR India's retail network now extends to 33 outlets across 26 cities nationwide. The luxury carmaker, in partnership with AMP Motors, has relocated its dealership to a larger integrated facility on Mathura Road in South Delhi and opened a new sales outlet in Gurugram, Haryana. During June quarter (Q1), the company retailed 1,665 vehicl

Business Standard 18 Oct 2026 4:04 pm

JLR India expands retail presence in Delhi, Gurugram; sees NCR as key market

The luxury carmaker, in partnership with AMP Motors, has relocated its dealership to a larger integrated facility on Mathura Road in South Delhi and opened a new sales outlet in Gurugram, Haryana

The Hindu Businessline 18 Oct 2026 3:59 pm

Moody's revises IPO-bound Oyo parent Prism's outlook to 'positive'

Moody's Ratings has revised the outlook on IPO-bound OYO parent Prism to 'positive' from 'stable', while reaffirming the travel tech unicorn's B2 corporate family rating. The positive outlook reflects our expectation that OYO (formerly Oravel Stays) will sustain stronger earnings and free cash flow generation over the next 12-18 months, supporting further deleveraging while maintaining very good liquidity, said Sweta Patodia, a Moody's Ratings Assistant Vice President. The affirmation of the B2 CFR (corporate family rating) reflects OYO's leading position in the budget accommodation sector across its key operating markets, as well as the geographic diversification of its operations across India, Europe, and the US, said Patodia, who is the lead analyst for OYO, Moody's stated. Explaining the rationale behind ratings, Moody's said, We expect OYO's EBITDA (earnings before interest, taxes, depreciation and amortisation) to grow to around Rs 3,000 crore (USD 315 million) over the ne

Business Standard 18 Oct 2026 3:56 pm

Jewellery retailers project 22-28% Q2 growth despite festive calendar shift

P N Gadgil Jewellers, Titan, Kalyan Jewellers and PC Jeweller reported double-digit year-on-year growth in their respective quarterly business updates

The Hindu Businessline 18 Oct 2026 3:45 pm

Restaurants take Diwali celebrations home, bet on catering, party boxes

From curated food spreads for private gatherings to bulk corporate orders, restaurants are looking to capture festive spending beyond dine-in

Livemint 18 Oct 2026 3:41 pm

DIIs increase stake in 8 midcap stocks in Q2FY27

DIIs increased their holdings in several NSE midcap stocks during the September 2026 quarter. Swiggy, One97 Communications, Meesho, Cochin Shipyard, Lenskart Solutions, Piramal Finance, APL Apollo Tubes and SBI Cards and Payment Services saw DII shareholding rise by more than 200 basis points quarter-on-quarter, based on StockEdges shareholding scan.

The Economic Times 18 Oct 2026 3:40 pm

Manasum Senior Living buys 164 units in Signature Global's Gurugram project

Each apartment in Varishtha will cost around 3.7 crore for the final buyer, and come with concierge, housekeeping, 24/7 healthcare support, an ambulance on standby and community engagement activities.

Livemint 18 Oct 2026 3:26 pm

Bajaj Finance Q2 preview: Profit may jump 29%, NII 24% as strong loan growth lifts earnings

Bajaj Finance is projecting a remarkable 29% increase in net profit for the July-September quarter, driven by robust loan demand and a boost in interest income. With a significant rise in assets under management, the demand for its lending products appears strong. Yet, analysts caution about potential pressure on lending margins owing to escalating borrowing costs.

The Economic Times 18 Oct 2026 3:20 pm

Consumer durable players, retailers witnessing strong demand momentum led by premium segment, EMI schemes this Navratri

Large screen LED TVs, double-door and side by side refrigerators, high capacity washing machines and air-conditioners are fuelling the demand during the Navratri period

The Hindu Businessline 18 Oct 2026 2:58 pm

Cleartrip eyes sustained growth driven by air travel, non-air business

Online travel technology platform Cleartrip expects to sustain its growth momentum in 2027, driven by steady expansion in air travel and a rising contribution from non-air businesses, according to a top executive of the company. The growth rate doubled year-on-year in 2026 and we expect to maintain similar momentum this year while aiming for a stronger business mix. The share of non-air business, including hotels, buses, trains and holiday packages, is expected to increase and there will be steady growth in air business as well, Cleartrip chief growth and business officer Manjari Singhal told PTI. She said Cleartrip's performance is growing 8-10 times faster than the industry in air travel and the non-air share has risen to 27 per cent and the company is targeting around 40 per cent by the end of 2027, she added. In the first half of this year (January-June), Flipkart-owned Cleartrip witnessed 40 per cent overall year-on-year growth, she said. The company is working on adding ...

Business Standard 18 Oct 2026 2:57 pm

Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman Ghosh

The group has a strategic plan to enter new businesses, but it is not yet the right time to indicate when it would foray into health insurance

The Hindu Businessline 18 Oct 2026 2:41 pm

Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 crore

Yes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would drop significantly if the Supreme Court's decision is fully implemented. Investors are concerned as mutual funds pause investments in the bank's AT1 bonds. Yes Bank is assessing the legal and financial implications of the Supreme Court's judgment.

The Economic Times 18 Oct 2026 2:25 pm

Why Big Tech is giving away open-weight AI models, and what it wants in return | Explained

From Muse Spark Open to Beam, Nemotron and Timestral, technology companies are releasing AI models to attract developers, challenge Chinese rivals and strengthen their ecosystems

The Hindu 18 Oct 2026 2:21 pm

JRD Tata believed countrys future wasnt something that would simply arrive: Full text of Tata Trusts' X post

JRD Tata believed the country's future would be shaped in real time by the youth willing to question, reason and imagine for themselves. Tata Trusts posts on Twitter what JRD Tata believed about India's future Read full post here 

Livemint 18 Oct 2026 2:11 pm

Roseate targets 30 operational hotels by 2030; plans new smart hotel brand, overseas expansion

The new sub-brand, expected to be launched early next year, will focus on technology and lower development costs while retaining the group's service standards

The Hindu Businessline 18 Oct 2026 2:01 pm

FMCG firms face input cost inflation in Q2, brace for H2 margin pressure

Nestle India Chairman and Managing Director Manish Tiwary recently said ising inflation, particularly food inflation is a eality.

The Hindu Businessline 18 Oct 2026 1:41 pm

Singapore Names Seven Companies Over Indonesia Haze Fires

Singapore has identified seven companies it says were involved in wildfires in Indonesia that have blanketed the city-state in haze, stepping up scrutiny of firms linked to the blazes.

Livemint 18 Oct 2026 1:35 pm

ED files chargesheet against FIITJEE, director couple; 32 centres shut, over 14,000 students hit - All you need to know

The institute allegedly collected fees ranging from 2.8 lakh to 3.5 lakh per student in advance for 2 to 4-year competitive coaching programs, such as the IIT-JEE, promising full delivery of the courses.

Livemint 18 Oct 2026 1:10 pm

Zubeen Garg death case: Assam Police to move Supreme Court against bail to Mahanta and Sandipon

Assam Police intends to appeal bail orders granted to Amritprava Mahanta and Sandipon Garg in the Zubeen Garg case. Special DGP CID Munna Prasad Gupta confirmed that proceedings are progressing rapidly in a fast-track court. Mahanta and Garg are accused in the death investigation of the late singer, who died in a scuba diving accident. The Gauhati High Court previously granted bail to both individuals in October 2025.

The Economic Times 18 Oct 2026 1:03 pm

In the 1930s, mining kept Gold Point, Nevada, at about 200 residents; by 1950, only 23 remained; and by 2011, just 7 people still lived there full time, year-round

Gold Point, once a thriving mining community in Nevada, experienced significant population decline after mining operations ceased. The town, originally known as Lime Point in 1868, transitioned to focus on gold-mining in the late 1920s. Following World War II, mining activity diminished and finally ended in the 1960s with a shaft collapse. Today, the settlement has adapted to tourism, with remaining buildings and a museum preserving its mining history.

The Economic Times 18 Oct 2026 1:00 pm

Why Indias steelmakers are eyeing coal gasification despite high costs

In May, the cabinet approved a 37,500 crore scheme to promote coal and lignite gasification, with a target of 100 million tonnes of gasification capacity by 2030. 

Livemint 18 Oct 2026 12:55 pm

Inside Thomas Cook's new Tadoba wildlife retreat: Luxury villas, Saoji cuisine, and launch offers

Located in Maharashtra's Chimur region, the property provides strategic access to five distinct safari gates of the renowned Tadoba-Andhari Tiger Reserve.

Livemint 18 Oct 2026 12:28 pm

Walk past cameras to clear immigration? Cochin Port could test Indias first AI corridor: What we know so far

Indias first proposed AI immigration corridor for cruise passengers could be tested at Cochin Port. Cameras would verify identities while officers monitor checks and follow up on flagged passengers.

Livemint 18 Oct 2026 12:10 pm

FPIs pull out Rs 52,100 cr from equities in Oct so far amid global headwinds

Foreign portfolio investors have withdrawn Rs 52,100 crore from Indian equities as of October this year. This follows a net withdrawal of Rs 35,861 crore in September, indicating ongoing financial retreat. Elevated crude oil prices, higher US bond yields, and a stronger dollar have affected investor sentiment. Despite temporary buying by foreign investors on October 16, selling in certain sectors continues.

The Economic Times 18 Oct 2026 12:03 pm

Mcap of nine of top-10 most valued firms surges by Rs 3.65 lakh cr; TCS shines

Nine of the top ten most valued firms saw a substantial increase in market valuation last week. The BSE Sensex surged over two thousand points while the Nifty experienced significant growth. TCS, Bharti Airtel, and Infosys led the gains alongside other major firms like Reliance Industries and HDFC Bank. In contrast, Larsen & Toubro was the only firm to report a decline in market valuation.

The Economic Times 18 Oct 2026 12:01 pm

NTPC to begin feasibility studies in more States for nuclear programme

NTPC is targeting to set up 30 GW of nuclear projects in the country to contribute to the government's ambitious 100 GW nuclear capacity target by 2047

The Hindu Businessline 18 Oct 2026 11:35 am

Bonus issues, stock splits & dividends: HDB Financial, IRFC, TechM among 19 stocks turning ex-record date this week

Around 19 companies including LTIMindtree, Tech Mahindra, IRFC, HDB Financial Services, and Angel One have fixed their record dates for dividends, stock splits, and bonus issues during the week of October 19-23. Investors must hold shares in their demat accounts by the record date to qualify.

The Economic Times 18 Oct 2026 11:23 am

Japanese Sumitomo Mitsui Banking Corporation leases 50,000 sq ft office space in Mumbai's BKC for 189 crore

The rental agreement is priced at 694 per sq ft per month, translating to a starting monthly rent of approximately 3.46 crore.

Livemint 18 Oct 2026 11:18 am

10 penny stocks plunge up to 75% in six months

The Economic Times 18 Oct 2026 11:03 am

Mega Jio Platforms IPO to lead Rs 31,663 crore offerings this week; 9 listings lined up

Indias primary market is set for a busy week, led by Reliance Jio Platforms Rs 30,213 crore IPO and Paras Healthcares Rs 1,450 crore issue. Both IPOs open on October 21. Nine companies are also scheduled to list, including six on the mainboard and three on SME platforms.

The Economic Times 18 Oct 2026 10:41 am

Indian Bank net profit rises 14.7% to 3,462 crore in Q2

Operating profit grows 46.6% year-on-year; gross advances rise 16.4% and gross NPAs decline to 1.61%

The Hindu 18 Oct 2026 10:39 am

Can Nifty, Sensex rally further or will bears reign in? 5 factors to steer market this week

Sensex and Nifty extended gains for a second straight session on Friday, led by IT stocks, which rose for a fourth consecutive session, along with buying in auto, metal and PSU banking stocks. Niftys recovery could continue as long as it holds above the crucial 22,75022,800 support zone.

The Economic Times 18 Oct 2026 10:15 am

ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)

ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitability edged lower as FCNR(B) deposits weighed on margins. NIM fell to 4.18%, while treasury operations swung to a loss amid higher government bond yields.

The Economic Times 18 Oct 2026 10:12 am

HDFC Bank PAT ticks up 5% amid pressure

HDFC Bank reported a 4.7% rise in standalone net profit for the second quarter, while margin pressure weighed on core profitability. Net interest income rose 9.7% as loans and deposits grew. The lender is also set to welcome a new chief executive this month, ending prolonged succession uncertainty.

The Economic Times 18 Oct 2026 10:08 am

Antofagastas Centinela strike ends after deal with unions

MINING-CHILE/CENTINELA:Antofagasta's Centinela strike ends after deal with unions

Livemint 18 Oct 2026 10:07 am

Paras Healthcare IPO opens Oct 21, sets price band at 660-693 per share

Paras Healthcare has fixed the IPO price band at Rs 660-693 per share for its Rs 1,450 crore issue, which opens on October 21. The offering includes a fresh issue of Rs 500 crore and an offer for sale worth Rs 950 crore. Proceeds will be used mainly to repay borrowings.

The Economic Times 18 Oct 2026 10:03 am

Ixigo Q2 profit jumps to 63 cr; revenue up 13%

Ixigo's financial report reveals a net profit of 63.42 crore for the July-September period, indicating robust performance. The company enjoyed a 13% increase in operational revenue, totaling 320.96 crore. Their hotel segment excelled with a Gross Bookings Value surpassing 100 crores, reflecting a remarkable 159% year-on-year growth and driving significant revenue increase, largely from its loyal user base utilizing various transportation services.

The Economic Times 18 Oct 2026 10:00 am

Axis Bank Q2 profit up 38% on loan growth

Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong loan demand and enhanced asset quality. The bank's net interest income increased by 11.8% year-on-year, totaling 15,371 crore, while overall advances rose by 23% compared to the previous year. The stability in the bank's net interest margin emphasizes its positive financial trajectory.

The Economic Times 18 Oct 2026 9:59 am

Central Bank of Indias Q2 profit jumps 21% YoY to Rs 1,469 crore

In September 2026, Central Bank of India reported an impressive net profit hike of 21%, totaling 1,469 crore. This boost was largely attributed to strong loan growth, even as other income declined. The bank's net interest income surged by 26% to 4,146 crore. Additionally, total income rose by 15% to reach 11,737 crore, with the cost-to-income ratio improving to 58.95% from 62.42% a year prior.

The Economic Times 18 Oct 2026 9:56 am

IDBI Bank Q2 net profit slides 39% to 2,205 crore

IDBI Bank witnessed a substantial 39% drop in net profit for the September quarter, primarily driven by decreased non-interest earnings. This follows a previous year where profits were significantly elevated by one-time gains. Nonetheless, net interest income saw a 29% increase year-on-year, indicating solid operational stability, although operating expenses surged by 19%. The bank's privatization, through the sale to Fairfax, aims to enhance performance and profitability.

The Economic Times 18 Oct 2026 9:52 am

Tata Trusts to build 40-50 hospitals, focus on measurable impact: Noel Tata

Noel Tata said that it is no longer enough to ask how much the Trusts have contributed. Philanthropy, he noted, must move beyond merely counting the people reached or amounts spent.

Livemint 18 Oct 2026 9:44 am

Himadri Speciality Q2 results: Net profit jumps 31% to 231 cr

Revenue from carbon materials and chemicals stood at 1,539.02 cr, and 33.32 crore from power business segments.

The Hindu Businessline 18 Oct 2026 9:18 am

Trump 'disturbed' after report of attack on US Photojournalist Heidi Levine by Israeli settlers in West Bank

Alleged Israeli settlers viciously attacked Washington Post photojournalist Heidi Levine during an olive harvest in the West Bank. US officials, including Secretary of State Marco Rubio, expressed their disturbance regarding the incident. Israeli President Isaac Herzog condemned the violence, stating it does not represent Israeli values. After surgery, Levine reported injuries and theft of her belongings during the attack.

The Economic Times 18 Oct 2026 8:50 am

Iran, Pakistan temporarily suspend cross-border movement over technical issues, security concerns

Cross-border movement and exchanges between Iran and Pakistan have been temporarily suspended due to technical issues. Iranian Foreign Ministry Spokesperson Esmail Baghaei confirmed that authorities are working to resolve the situation. Pakistan also halted trade through specific border checkpoints to enhance security measures. Shahid Rind clarified that this decision is aimed at preventing smuggling and improving border administration.

The Economic Times 18 Oct 2026 8:46 am

Zelenskyy hints at potential meeting with Putin in US during G20 summit as Trump waives Russian Oil tariffs

Ukrainian President Volodymyr Zelenskyy announced potential trilateral talks involving Russia during the upcoming G20 Summit. He expressed willingness to participate in negotiations in any format and location. Zelenskyy called for increased pressure on Moscow rather than on Kyiv in these discussions. Additionally, he expressed disappointment about US President Donald Trump's recent decisions related to sanctions on Russia.

The Economic Times 18 Oct 2026 8:42 am

Tata Trusts spending jumps 73% to Rs 1,556 crore in Noel Tatas first full year

Tata Trusts reported a 72.5% increase in philanthropic spending to Rs 1,556.31 crore in 2025-26. Major allocations included Rs 457.62 crore for rural upliftment and Rs 270.26 crore for education. Cancer care projects received Rs 178.46 crore, while direct assistance to individuals totaled Rs 202.99 crore. Noel Tata emphasized the importance of sustainable outcomes over sheer spending figures.

The Economic Times 18 Oct 2026 8:34 am

Meet Vijaye Raji: Statsig founder and OpenAI CTO now joining Amplitudes board of directors

With Statsig, Vijaye Raji ensured developers, data scientists, and product managers everywhere had access to the tools his team at Facebook had taken for granted.

Livemint 18 Oct 2026 8:07 am

Bajaj Auto-owned KTM opens new motorcycle assembly plant in Brazil

The new facility marks a shift to independent manufacturing operations in Brazil, with production planned to scale up from 2026

The Hindu Businessline 18 Oct 2026 7:25 am

Bank holidays this week: Will SBI, HDFC, ICICI, PNB be closed for festivals from 1925 October? Check city-wise RBI list

There are at least 4 national holidays this week; customers are advised to check their local holiday calendar before heading to their bank branch.

Livemint 18 Oct 2026 6:59 am

Hollywood's fresh take on tech titans: from heroes to villains

Hollywood now represents tech leaders like Elizabeth Holmes and Elon Musk as villains amidst public disillusionment. Recent films explore the consequences of their actions and seek accountability for social damage. Documentaries and fictional works dissect their influence and ethical lapses, highlighting concerns over concentrated power. Filmmakers confront the flaws of these figures while critiquing their societal impact.

The Economic Times 18 Oct 2026 6:58 am