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Christmas cheer, but caution remains: Exporters welcome US tariff relief, keep diversification plans
US President Donald Trumps decision to waive proposed tariffs of up to 100% on buyers of Russian oil has eased uncertainty for Indian exporters ahead of the crucial Christmas shipping season. However, businesses across textiles, gems and jewellery, and human hair products say they will continue diversifying export markets after last years tariff turmoil, even as the US remains a key destination for Indian goods.
From Apples Tim Cook to Netflixs Reed Hastings: 5 CEOs' with the biggest pay packages
Apples Tim Cook leads a study of 10 departing CEOs with an estimated $950 million in cumulative reported compensation over 15 years. Disneys Bob Iger and Activision Blizzards Bobby Kotick rank next, according to research by trading firm Atmos.
Renault India expects hybrids and CNG vehicles to account for up to 50% of sales in 2-3 years, CEO Stephane Deblaise told PTI. The automaker is pitching hybrids as an alternative to diesel and aims for 3-5% market share by 2030.
DLF is targeting growth through residential pre-sales, improved profitability and expansion of its commercial rental business. The developers second-quarter net profit rose 10% to 1,301.35 crore, though pre-sales declined. It has set a sales target of about 20,000 crore for FY27.
Vantrock unveils warehousing and industrial parks plan; targets 4,200-crore GDV on completion
Vantrock Real Assets plans 11.5 million sq. ft. development across key markets, with construction of the first phase starting in 2027
Ranbir Kapoor leases Pune's 6,094 sq ft Trump Towers flat for 1.75 crore over 3 years: Report
Ranbir Kapoor has leased his 6,094 sq ft apartment at Pune's Trump Towers for a starting monthly rent of 4.63 lakh. The three-year agreement includes a 5% annual increase and is expected to generate around 1.75 crore in rental income.
Chairman Noel Tata, in the Trusts' Annual Report for 2025-26, said that the group will also build lasting public institutions and be judged on measurable results, not money spent.
Yes Bank Q2 net profit rises 63% to 1,084 crore
On a standalone basis, net profit of the bank increased to 1,080 crore in Q2 FY27 from 654.47 crore in the year-ago period and 1,070.99 crore a quarter ago
Inside Reliance Jio 6G roll out plan: Check role of existing network infra of 360,000 telecom towers
Reliance Jio plans to expand overseas by offering its internally developed telecom technology as managed services, drawing on 7,220 patents. It also aims to use existing network assets to support 6G, grow home broadband to 100 million households and build on a 530-million-subscriber base.
Hyundai Motor Group to invest $15.5 billion in India by 2032
Focus on manufacturing, R&D and future technologies; India to emerge as a global export hub
Reservation push by states faces judicial tests
The Supreme Court upheld the Madras HC's ruling that religious conversion from Hinduism to another religion does not entitle a person to SC or OBC reservation. The case concerns Tamil Nadu's 3.5% quota for Muslim OBCs. In March 2024, the then DMK government allowed OBCs, SCs and Denotified Communities members who converted to Islam to claim the quota. The Madras HC struck down the order in June 2024 as unconstitutional. The TVK government's appeal was rejected by the SC.
Weather Tomorrow: IMD has warned of heavy to very heavy rainfall, thunderstorms and gusty winds across parts of southern India, with Andhra Pradesh, Karnataka, Kerala and Tamil Nadu among the affected regions. Rain is expected to continue in several areas through October 23. Fishermen have also been advised to exercise caution along parts of the Arabian Sea coast.
No Kings anti-Trump movement: More than 3,200 events had been planned in all 50 states, after the two previous nationwide events attracted millions of participants.
Richa Parashar, a journalist, filed a complaint against Rahul Gandhi for manhandling during a protest. The incident occurred on October 12 while covering a demonstration by Opposition leaders. Parashar alleged that Gandhi grabbed her and caused her to fall, resulting in injuries. She emphasized the lack of assistance from his supporters after the fall. Parashar has requested that media organizations release footage of the incident.
Axis Banks rising costs, FCNR inflows squeeze Q2 margins
Axis Banks Q2FY27 net profit rose 38% year-on-year to 7,003 crore, supported by lower provisions and strong loan growth. The lender expects credit demand to remain robust and sees potential to monetize digital payments through Freecharge.
IBM India pitches digital swaraj with country-specific tools for sovereign AI
Bharat Core is designed to connect IBMs Sovereign Core platform to Indian systems; the company says the approach will give enterprises greater control over their data, technology and AI operations
Snabbits FY26 loss widened to 167.75 crore, with the startup attributing its spending to workforce, marketing, technology and expansion investments. Here's what the quick services firm's boss said about the losses.
Centre caps trade margins on 137 cancer drugs, prices likely to fall by up to 70%
The NPPAs new rules target markups of up to 700% in some cases, covering widely used immunotherapies and targeted cancer treatments. Revised prices will be effective from 9 November.
PepsiCo India aims to make 90100% of its beverage portfolio zero-sugar or mid-calorie over time, while expanding healthier snack options. The shift comes amid changing consumer preferences and growing scrutiny of food labelling and nutrition claims in India.
Rapido booked in Pune for allegedly operating bike taxis without licence
The case comes amid continuing uncertainty over bike-taxi regulations across states
ADNOC supplied more than 500,000 barrels of crude a day to India in 2025, almost one in ten barrels of [Indias] crude imports. The company is exploring opportunities with ISPRL to expand storage of crude oil, LNG and LPG, including strategic reserves
FSSAI issues notices to Nestle, HUL for misleading claims
Suspends licences of Sukhdarshan Pharma and Bala Ji Food Products
Chandigarh recorded its highest-ever property registration in July, with a 30.3-kanal industrial plot selling for 200.32 crore. A Sector 9-B house fetched 100 crore. Rising residential, commercial and agricultural values have boosted stamp duty revenue, despite fewer registered documents.
Q2 Results Highlights, 17th October 2026: Stay tuned to get real-time market, business and financial news updates
HDFC Bank CEO-designate Bagchi to meet customers, regulators before taking over
Anup Bagchi, who is set to take over the reins of HDFC Bank on 27 October, said he had been at the bank for a few days and knows many of the teams.
Meet Rahul Shukla. Axis Bank appoints former HDFC Bank veteran to lead Commercial, Bharat Banking
The appointment brings an experienced banking professional into a key role at Axis Bank, which serves businesses and customers across multiple segments of the Indian banking market.
Krishna Grover from Ghaziabad is the founder of Herald E-Bikes. The electric two-wheeler business currently has 34 models and a distribution network of more than 550 active showrooms.
HDFC Banks post-merger integration work largely behind us, says incoming MD & CEO Anup Bagchi
HDFC Bank has made significant strides in integrating its merger with HDFC Ltd after its completion in July. The bank's incoming CEO, Anup Bagchi, emphasized the importance of maintaining strong credit quality during varying economic cycles. Bagchi also acknowledged the contributions of Deputy Managing Director Kaizad Bharucha and the wider team. The bank plans to further improve its branch network and technology capabilities in the future.
IDBI Bank Q2 profit falls 39% to 2,205 crore on high base of NSDL gains
IDBI Bank's Q2FY27 net profit declined 39% to 2,205 crore due to a high base from an NSDL stake sale gain. Excluding the one-off, profit rose 14%
Central Bank of India Q2 profit rises 21% to 1,469 cr on strong NII growth
Interest income increased 18.45 per cent Y-o-Y to 10,357 crore, supported by a 27.6 per cent rise in interest earned on advances to 7,231 crore. Interest expenses rose 13.7 per cent to 6,211 crore
Iranian fishermen searching for fish find floating iPhones, luxury perfumes in Hormuz
A cargo vessels sinking in the Strait of Hormuz has left questions over maritime safety after Iranian fishermen recovered goods from the surrounding waters. All 21 crew members of the GFS Pride escaped, but competing explanations for the incident, including a mine or a possible missile or drone strike, remain unconfirmed.
The tech behind a Dolby cinema | TechPulse
HDFC Bank Q2 net profit grows 5.55% to 20,700 crore
HDFCs rose to 97,258 crore from 91,040 crore a year ago, and the total expenditure surged to 7,774 crore from 63,117 crore
ICICI Bank sees another margin squeeze in Q3 as FCNR-B costs kick in
ICICI Bank's net interest margin falls to 4.18% in the September quarter from 4.36% in the June quarter.
Noidas nine-acre Japanese Park in Sector 94 is nearing completion, with the Noida Authority targeting a December 15 opening. The project near Okhla Bird Sanctuary Metro station will feature Japanese-style gardens, a Zen garden, themed swings, waterfalls, water bodies and jogging tracks and more.
SIPs register recorded 32,490 crore of inflows in September 2026
Despite the global challenges, tightening monetary cycle and muted returns from the domestic equity market during the month, equity mutual funds received an inflow of 38,306.55 crore, marking 67th consecutive month of inflows
Axis appoints HDFC veteran to lead Bharat Banking
Teslas flying Roadster could reach India; bookings open from 5.01 lakh
Tesla opens Indian reservations for its Roadster Performance and Thrust sports cars, with reported deposits reaching 2.50 crore; an invitation-only flying version could also reach India as Teslas luxury EV registrations surge 836%
Ixigo reports 63 crore net profit, 13% revenue growth in Q2 FY27
Ixigo reported an all-time high net profit of 63.42 crore in Q2FY27, aided by a partial stake sale in Freshbus, while revenue rose 13 per cent to 320.96 crore
ICICI Bank reported a 20% year-on-year rise in Q2 net profit to 14,843 crore, supported by an 18% increase in net interest income. However, net interest margin narrowed to 4.18% from 4.36% in the previous quarter, with the bank expecting further pressure in Q3 due to foreign currency non-resident bank (FCNR-B) deposit mobilisation and branch expansion costs.
Sathya Agencies completes acquisition of Bengaluru-based Unilet Appliances
Acquisition to help add 54 stores in Karnataka
DLF eyes revenue growth from FY28 as 75,000 cr projects near completion
DLF expects revenue growth to accelerate from FY28 as projects worth 75,000 crore near completion. The company also expects further price increases at The Dahlias
Axis Bank's Freecharge gets in-principle RBI nod to operate as payment aggregator
Axis Bank's digital payments platform Freecharge has received in-principle approval from the Reserve Bank of India. The approval allows Freecharge to operate under PA-O1 and PA-P1 categories starting in FY27. The bank has reported a 34% year-on-year growth in UPI transaction value for July-September. Digital transactions represented 98% of the total financial transactions during this quarter. Axis Bank continues to expand its digital payments operations, reflecting ongoing investment in technology.
New Delhi [India], October 17: Most food shopping ends at the packet. Consumers read the label, check the price, look at the brand and place it in the cart. The ingredients' actual journey usually stays somewhere in between. Koski Organics Farm wants to bring more of that journey into view.
Kaizad Bharucha to exit HDFC Bank at end of December after three decades
Bharucha, 60, was among the contenders for the bank's top job, with the board recommending him as its internal candidate for the position of managing director and chief executive officer (MD & CEO)
One last bittersweet pitch for HDFC Bank as CEO Sashidhar Jagdishan prepares to exit
HDFC Bank CEO Sashidhar Jagdishan, who will step down on October 26 after deciding against seeking a second reappointment, expressed confidence in the lenders resilience and growth prospects. He said the bank had overcome regulatory restrictions, the Covid-19 pandemic, a complex merger and monetary tightening, adding that governance issues had been settled.
New Delhi [India], October 17: Bringing together the richness of Indian craftsmanship and a contemporary approach to occasion dressing, Tasva, the premium Indian menswear brand by Aditya Birla Fashion and Retail Ltd. and designer Tarun Tahiliani, presented its latest menswear collection at Lakm Fashion Week in partnership with FDCI at Taj Palace, New Delhi. Reimagining traditional menswear through modern silhouettes, intricate detailing and a refined colour palette, the showcase celebrated individuality and the evolving sartorial choices of the modern Indian groom. Adding to the runway presentation, actor Ali Fazal walked as the showstopper for Tasva, embodying the collection's spirit of confidence, sophistication and effortless elegance. Creators Mohak Narang, Ashi Khanna, Tarun Kinra and Sunny Chopra also walked the runway for Tasva, bringing their own style and personality to the showcase.
HDFC Bank's Deputy Managing Director Kaizad Bharucha seeks to quit on December 31; details here
Kaizad Bharucha, HDFC Banks Deputy Managing Director, has sought cessation of service at the end of December 31, 2026. Check details here.
Central Bank's net profit ticks up 21% in Q2 FY26
Central Bank of India reported a 21% increase in net profit amounting to Rs 1469 crore for September 2026. Net interest income grew by 26% to Rs 4146 crore, reflecting strong loan growth. Total advances rose by 30% to Rs 3.81 lakh crore, driven by retail, agriculture and MSME sectors. Despite a drop in other income, asset quality improved with net NPA decreasing to 0.31%.
ixigo Q2 profit at Rs 63 cr on robust show in hotel booking biz
Ixigo reported a remarkable turnaround with a consolidated net profit of Rs 63.42 crore for the September quarter, bouncing back from a net loss of Rs 3.46 crore from last year. The surge in hotel bookings played a key role in this financial upswing, leading to operational revenue of Rs 320.96 crore.
FSSAI proposes to restrict addition of sucrose, fructose in products for infants up to six months
Restriction aimed at addressing concerns associated with early exposure to added sugars, supporting appropriate infant feeding practices, FSSAI says
Dharana Introduces a Reimagined Approach to Personalised Wellness and Wellbeing
Mumbai (Maharashtra) [India], October 17: Set within one of the world's 36 biodiversity hotspots in the Sahyadris, and a short drive from Mumbai and Pune, Dharana introduces a new approach to wellness, bringing together advanced science, Indian healing intelligence and the restorative power of nature. A new journey towards lasting wellbeing begins with a deeper understanding of the body, mind and their connection with nature. Moving beyond conventional wellness, Dharana seeks to understand what has shifted within the body and mind, why it has shifted, and create personalised pathways to restore health, vitality and balance in a way that lasts.
InvoiceCloud strengthens global innovation hub in India with 350 cr
The digital billing and payments company will use the investment to expand teams, infrastructure, AI initiatives and product development at its India innovation hub
IDBI- Fairfax deal: Employees service conditions fully protected, says DIPAM Secretary
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding this, profit rose 14%. Asset quality improved, deposits grew 17%, advances increased 18%, and net interest margins strengthened sequentially to 4.11%.
IDBI Bank Q2 net profit falls 39% to Rs 2,205 crore on lower other income
IDBI Bank reported a 39% year-on-year decline in Q2 FY27 net profit to Rs 2,205 crore, mainly due to the absence of a one-time Rs 1,699 crore gain from the NSDL stake sale in the year-ago quarter. Excluding that gain, net profit would have risen 14%.
ICICI Bank Q2 FY27 result: Net profit rises 22.3% to 16,333 crore
Profit before tax and minority interest rose 21.3 per cent year-on-year to 23,191.75 crore in Q2 FY27 from 19,126.33 crore in Q2 FY26
Wider powertrain options key for Renault's future roadmap in India, CEO Deblaise says
Renault India CEO Stphane Deblaise is betting on strong hybrids, CNG variants, faster product development and greater localisation to lift the automakers market share from below 1%
Nifty reclaims 200 WMA; eyes further gains as key resistance shapes next move
Indian equity markets rebounded 2.78%, with the Nifty reclaiming its crucial 200-week moving average. However, weak momentum indicators and overhead resistance warrant caution. Banking, metal, media, pharma and IT stocks show relative strength. Investors should monitor key support levels, prioritise fundamentally strong stocks and maintain disciplined risk management strategies.
IPO-bound Sathya Agencies plans to strengthen presence in Karnataka
The Chennai-based retailer has added 54 Karnataka showrooms through Unilet and is preparing for its first major Dussehra and Diwali festive season in the state
Axis Bank Q2 net profit rises 38% to 7,003 crore as provisions fall
Net interest income grew 12 per cent to Rs 15,371 crore, while provisions fell 52 per cent and gross NPA ratio improved to 1.16 per cent
New Delhi [India], October 17: Freyr Energy, India's second-largest residential rooftop solar company under the PM Surya Ghar: Muft Bijli Yojana, announced Rohit Sharma, India's World Cup-winning captain, as its first-ever brand ambassador. The association launches with 'Solar Ho, Toh Freyr Ho!', a nationwide campaign built on a simple idea: rooftop solar is a 30-year decision, and it deserves a company that delivers year after year. The campaign also features an ad film, Rishta Pakka, with Rohit Sharma as the protagonist, talking about solar, subsidies, and its benefits through a humour-led narrative.
Saif Ali Khan leases Mumbai commercial property to fintech firm for 22.76 lakh monthly rent
Saif Ali Khan leased two commercial units in Mumbai for 22.76 lakh monthly rent on a five-year deal, with a security deposit set at 2.36 crore
No sugar diversion for ethanol production: Govt to OMCs
The OMCs have floated a cumulative requirement of 1,100 crore litres with 300 crore litres to be supplied in the first two quarters and 250 crore litres each in the last two quarters
HDFC Bank Q2FY27 result: Net profit rises 4.7% to 19,510 cr, NII up 9.7%
HDFC Bank Q2FY27 result: Net profit rises 4.7% to 19,510 cr, NII up 9.7%
10 smallcap stocks surge up to 65% in 3 months despite market weakness
Despite a nearly 4% decline in the Nifty 50 over three months, several Nifty Smallcap 250 stocks have rallied sharply. Cupid led with 66% gains, followed by Sterlite Technologies and Welspun Corp, highlighting pockets of resilience amid market volatility.
HDFC Bank Q2 Results: Net profit rises 5% YoY to Rs 19,510 crore; NII grows 10%
HDFC Bank Q2 Results: Indias largest private lender HDFC Bank on Saturday reported a net profit of Rs 19,509 crore for the second quarter of FY27, marking a 4.6% year-on-year jump from Rs 18,641 crore posted in the same period last year.
With the new underpass, daily travel would become easier for thousands of people using the busy Parthala Chowk junction in Noida, particularly during morning and evening rush hours.
In a collective effort in 2018, over 6,000 volunteers joined the BashTheBug project, focusing on tuberculosis bacteria images. Utilizing the Zooniverse platform, they gathered crucial data on antibiotic resistance through crowd-sourced analysis. Participants meticulously assessed photographs to evaluate bacterial growth under varying antibiotic conditions. Remarkably, their findings resonated with those of seasoned experts, reinforcing the integrity of the evaluations.
FSSAI initiates legal proceedings against Priyagold Biscuits maker, Dodla Dairy, Ueir Organic Foods
Deficiencies included plant hygiene, pest control, raw material storage and segregation, personnel hygiene, premises maintenance, among others
Fairfax Financial will acquire a 60.72% stake in IDBI Bank for about 53,000 crore, buying shares from the Indian government and LIC. Fairfax plans to retain CEO Rakesh Sharma and is consulting former HDFC leaders Deepak Parekh and Paresh Sukthankar.
PM-AJAY: 18,093 villages declared Adarsh Grams, 785 student hostels completed
The Centre has declared 18,093 villages Adarsh Grams under the Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY), while 785 student hostels have been completed, the Social Justice Ministry said. The scheme supports infrastructure development, livelihoods and educational access for Scheduled Caste communities, with Rs 1,730 crore released to states between 2021-22 and 2025-26.
Axis Bank Q2FY27 result: Profit rises 38% to 7,003 crore, misses estimates
Net interest income rose 11.8 per cent to 15,371 crore, while loans grew 23 per cent and provisions fell 52.2 per cent; other income declined 1.4 per cent to 6,531 crore
Hybrids, CNG may contribute 50% of sales in 2-3 years: Renault India CEO
His comments follow the companys strong bet on hybrid and CNG technology in its India strategy
FSSAI initiates legal action against Priyagold maker over cattle feed bran
Food regulator FSSAI has initiated legal proceedings for prosecution against Surya Food & Agro for using cattle feed bran in manufacturing of Priyagold biscuits and for other serious violations. Legal proceedings for prosecution have also been initiated against Dodla Dairy and UEIR Organic Foods for serious violations of FSSAI rules and regulations. The action against Surya Food & Agro, which sells Priyagold biscuits, has been taken as it was using cattle feed bran in manufacturing of the biscuits. The sample of Dodla Dairy's full cream milk was substandard, while pesticide residues were found in yellow raisins sold by UEIR Organic Foods. In a social media post on Saturday, the Food Safety and Standards Authority of India (FSSAI) informed that it has initiated legal proceedings for prosecution against these three companies for serious food safety violations. In the matter of Surya Food & Agro, the regulator found that the company was using cattle feed bran in ...
Axis Bank Q2 Results: Net profit jumps 38% YoY to Rs 7,003 crore, NII rises 12%
Axis Bank Q2 Results: Private lender Axis Bank on Saturday reported a net profit of Rs 7,003 crore for the second quarter of FY27, marking a jump of 38% from Rs 5,089 crore posted in the corresponding quarter of the previous financial year.
Why Renault is betting on hybrids in EV outlier India
Renault is looking to strong hybrids to bridge the gap between fuel efficiency and affordability in India, where buyers remain wary of EV charging constraints and upfront costs.
Bengaluru (Karnataka) [India], October 17: Dr. Hemant Garg, Deputy Director (Legal), Employees' State Insurance Corporation (ESIC), Ministry of Labour and Employment, Government of India, received the Excellence in AI for Public Policy award at the 3rd World AI Summit in Bengaluru on 14-15 October 2026, placing an Indian public-policy voice at the centre of the global debate on how AI should serve people.
FSSAI's legal action against Priyagold biscuits for using cattle feed bran, 2 others also in net
Legal proceedings for prosecution have also been initiated against Dodla Dairy and UEIR Organic Foods for serious violations of FSSAI rules and regulations
Nicholas Sleeps investing lessons: Why patience, conviction and long-term thinking matter
Nicholas Sleeps investment philosophy emphasises independent thinking, patience, and understanding business fundamentals. His successful Nomad Investment Partnership demonstrated the value of identifying high-quality businesses, assessing sustainable competitive advantages, and focusing on long-term value rather than daily price movements. He advocated disciplined research, selective diversification, emotional control, continuous learning, and adapting decisions when circumstances change.
Fairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankers
Fairfax Financial Holdings $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest foreign investment in Indias banking sector, but also because the transaction was handled without the involvement of major investment banks. Fairfax and IDBI Bank did not launch a formal process to appoint financial advisers, while KPMG advised the government on the sale and two professional agencies helped determine the governments fair valuation.
Concurrent Gainers: 15 stocks gain for 5 days in a row
Over the five trading sessions ended October 16, the Sensex gained 3.11%, or 2,257 points, to close at 74,729. The benchmark index closed higher in three of the five sessions between October 12 and 16. Amid the broader market rally, around 22 BSE 500 stocks advanced in each of the five consecutive trading sessions. Of these, we identified 15 stocks that gained consistently throughout the period, delivering cumulative returns ranging from 5% to 25%. (Data Source: ACE Equity)
Jio IPOs grey market hints at 20% listing pop. What are Emkay, SBI Securities saying?
Jio Platforms
Kolkata (West Bengal) [India], October 17: Star Health and Allied Insurance Company Limited (NSE: STARHEALTH) (BSE: 543412), one of India's leading standalone health insurance companies, today announced the introduction of 'Bishram Grih' at select Durga Puja pandals in Kolkata and Durgapur. The first-of-its-kind initiative by Star Health offers pandal hoppers a comfortable lounge-style space to Rest, Relax & Rejuvenate during their Puja journey. Each Bishram Grih will also feature a technology-led Face Scan health assessment, enabling visitors to gain quick insights into select health indicators.
Finance Ministry in an official statement clarified that the central government is within its rights to sell its stake in IDBI Bank and referred to a 2018 judgement by the Delhi HC to defend its dilution plan.
Q2 results today: HDFC Bank, ICICI Bank, Axis Bank among 18 firms on Oct 17
Q2FY27 company results: Firms including IDBI Bank, Central Bank of India, Punjab & Sind Bank, India Cements, and Ixigo are also to release their July-September earnings today
Finance Ministry clarifies on legislative developments concerning govt's IDBI Bank stake
The Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the dilution of the government's ownership was proposed but ultimately rejected during parliamentary discussions. The ministry highlighted that this issue was previously examined by the Delhi High Court. This examination took place in the case of All India IDBI Officers' Association v. Union of India & Others.
The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quarterly results from companies like HCLTech. The Nifty IT index jumped 11.7%, amidst falling semiconductor stock prices in Asia. Furthermore, the rupee showed notable strength, closing below the 95-mark for the first time in 38 days, reflecting the effective measures implemented by the Reserve Bank of India.
Q2 Results Today, 17th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates
