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Best online deals to have short life as brands battle surging input costs
During this festive period, ecommerce platforms are gearing up to provide enticing discounts for just the first few days. However, as rising input costs and inflation exert pressure, companies are anticipated to swiftly pull back on deeper discounts. While popular items such as smartphones, televisions, and laptops will see comparatively moderate price reductions this season, the availability and duration of these discounts will be affected by limited stock.
Gurugram (Haryana) [India], October 7: As flexibility and personalization become increasingly important across workplace experiences, organizations are looking for new ways to offer employees greater choice in rewards and benefits. Responding to this shift, AdvantageClub.ai, the AI-powered employee engagement, rewards, and flex wellness solutions platform, has introduced a flexible Diwali gifting experience, enabling employees to select based on their preferences while allowing organizations to manage the entire gifting journey through a single platform.
Hertz Lenders Team Up With Advisers as Possible Debt Fight Looms
Creditors to Hertz Global Holdings Inc. are organizing across at least two groups, bracing for potential negotiations with the car rental company over its billions of dollars of debt that comes due over the next few years, according to people familiar with the matter.
Anglo-Teck merger, nickel sale are test cases for navigating geopolitical complexities, CEO says
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Foreign workers building US consulate in Milan sign compensation deals over alleged abuses
Foreign workers building US consulate in Milan sign compensation deals over alleged abuses
Elon Musk alleges oligarch interference inStarlinksIndia launch
Mr. Musk made the allegation hours after Lauren Dreyer, a SpaceX executive, said she hoped that the service would be operational in India by next year
RBI rate hike: Your home loan EMI just went up
Ericsson bets on localisation to deepen its India footprint; eyes country as manufacturing hub
Ericsson is working with the Indian government to encourage component suppliers to establish manufacturing bases in the country, CEO Andres Vicente told ET. The telecom equipment maker is also expanding exports, design capabilities and R&D in India, while developing technology to make satellites compatible directly with handsets and other devices.
HSBC Layoffs: Bank to cut half of UK wealth management jobs as AI use expands
The proposed restructuring could see HSBC eliminate around half of its management and specialist positions in the UK wealth division, while the number of financial advisers could fall by nearly 70%, the report said
AI cloud firm CoreWeave to launch first India data centres with AdaniConneX in Navi Mumbai
CoreWeave will use 240 megawatts of capacity at the Taloja campus of AdaniConneX Pvt. in Navi Mumbai, according to a statement released by the company on Wednesday.
Porsche plans to cut about 9,000 jobs by 2030, reducing its workforce by 25% to 30% amid declining sales in China and a shift in its electric vehicle strategy, aiming for higher profit margins through fewer but more expensive vehicles.
NBFC services to banks will attract 18% GST
The interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the bank in the co-lending arrangement. The committee also decided to align the valuation of the NBFC's service with the methodology prescribed by the Reserve Bank of India.
Govt asks banks to develop a sector-wide quantum transition along with an AI resilience framework
According to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile encrypted banking data for future quantum decryption. The finance ministry has also asked banks to assess post-quantum vulnerabilities and initiate mitigation measures, said an official, who did not wish to be identified. Each bank can prepare its internal strategy, but there has to be some common industry parameters, he added.
'Political dynamics in South Korea': Vance explains uncertainty over Trumps $54B Alaska LNG project
KTR hits out at Rahul Gandhi over arrest of BRS leader; calls him 'coward,' 'undemocratic'
K T Rama Rao took a stand against Rahul Gandhi, condemning his undemocratic behavior during a protest in Delhi. He pointed out Gandhi's involvement in the political chaos in Telangana through ties with Revanth Reddy. The situation worsened with the arrest of BRS leader Krishank Manne, who is linked to allegations concerning Reddy.
Starlink India launch row: Elon Musk says delay is a crime against the people in X post
Elon Musk gave his views over Starlink's delays in entering the Indian market, alleging obstruction by oligarchs to maintain 'monopolies'. Despite recent regulatory approvals, the company still awaits final clearance from the Department of Telecommunications to begin operations.
New RBI data reveals a recast of India's overnight money market numbers
During the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public sector banks boosted their position in the collateralised overnight money market. Notably, mutual funds maintained a strong presence in the tri-party repo market.
HYBE to host Weverse Con Festival in New Delhi in March 2027
First international edition will feature K-pop and Indian artists, with tickets exclusively on BookMyShow
Airtel hikes postpaid tariffs after over two years, sets the tone for peers
Airtels move comes just weeks ahead of the expected initial public offering (IPO) of Jio Platforms, the parent of Reliance Jio, the market leader by subscribers.
GCCs under pressure: Why some India centers are cutting jobs or closing
Restructuring, global cost-cutting account for an estimated 5060% of layoffs in Indias GCCs as millions stuck in repeateable roles
Flipkart expects strong festive season, says early demand signals point to 1.8-2X unit growth
Gen Z accounts for 44-45% of customers; firm adds 750 PIN codes and positions Minutes as a fulfilment channel
The report noted that as consumers are increasingly trading up rather than simply consuming more
Tata Power ties up with Norwegian company for membrane-based floating solar
Tata Power and Ocean Sun will undertake a ~300 kWp floating solar pilot at Tata Powers Mulshi reservoir in Maharashtra to evaluate the technology under Indian conditions
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, snapping a two-session rally. Investors reacted to the RBIs rate hike and calibrated tightening stance, while banking stocks gained and broader sentiment remained cautious.
Dario Amodei earned $18 million as Anthropic CEO in 2025; how much did other AI leaders take home?
Dario Amodei, CEO of Anthropic, earned $18 million in 2025, ranking him among major tech executives. His compensation primarily comes from stock, not salary. Both he and his sister Daniela had their salaries doubled to $1.4 million, with significant earnings linked to stock options.
Committee to decide on market rate of land for laying transmission lines
The development assumes importance as RoW is among the main reasons for the delay in laying transmission lines, particularly for evacuating renewable energy from key producing states such as Gujarat and Rajasthan
Market Trading Guide: Kotak Mahindra Bank among 5 stock recommendations for Thursday
Analysts recommend five stocksBlack Box, Deep Industries, MRPL, Leela Palaces and Kotak Mahindra Bankfor medium-term gains after the RBI shifted to calibrated tightening. Technical setups show breakouts, bullish momentum and strong support, while investors await September-quarter earnings and management commentary.
CARE upgrades Adani Enterprises to AA, retains stable outlook
CARE Ratings has upgraded the long-term rating of Adani Enterprises to 'AA', affirming a stable outlook. This elevation underscores enhanced financial adaptability, attributed to recent capital influx and subsidiary stake divestitures. With profit growth likely, supported by a resurgence at Kutch Copper Limited and continued airport operations, coupled with the promoter family's substantial holdings, Adani's strategic significance is reinforced.
India may provide cheapest AI access to every citizen in 5-7 yrs: Jio exec
India could emerge as a global AI-agent exporter by cutting inference costs and making AI more affordable and accessible domestically
RBI says NBFC ban on revolving credit is a clarification, not a new rule
In a draft circular released on 6 August, the central bank proposed limiting NBFC lending strictly to term loans.
Paramount Skydance Corp. closed its $110 billion acquisition of Warner Bros. Discovery Inc. on Tuesday, completing one of the biggest media mergers of all time.
India has a 1% GDP opportunity. Its hiding in plain sight
India could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient assets, industry leaders said at MRAM Expo 2026. With 88% of Indian industrial businesses reporting monthly unplanned outages, experts are pushing predictive, data-driven maintenance to improve output and extend asset life.
New Delhi [India], October 7: Kyptec Automation is strengthening its industrial imaging connectivity portfolio with the USB 3.0 Machine Vision Camera Cable developed for reliable communication between compatible industrial cameras and host computing systems used in machine vision, automated inspection and factory automation. The Kyptec Automation Machine Vision USB 3.0 A Male to Micro USB 3.0 Male With Screw Camera Cable combines a USB Type A connection for the host system with a Micro USB 3.0 connection incorporating locking screws for the camera side. The cable is available in standard lengths of 2 Meter, 3 Meter and 5 Meter, giving OEMs, machine builders and system integrators multiple options for different camera positions, industrial computer locations and machine geometries while remaining within one defined USB 3.0 machine vision connectivity platform.
Kenso Soai and Henri B. Kagan won the 2026 Nobel Prize in Chemistry for discoveries involving non-linear effects and autocatalysis. Heres what the Soai reaction is, how a tiny molecular imbalance can be amplified, and why the breakthrough matters for chemistry and the mystery of homochirality.
RBI brings new rule for banks to measure risks from derivatives, other such dealings
The Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable derivative exposure or international presence will come under this rule. Lenders below this threshold can choose alternative risk measurement methods.
The plea highlights a systemic and nationwide failure of non-implementation of accessibility across all stages of air travel, including booking, web-check-in, airport entry and navigation, counter check-in, security screening, Digi Yatra processing, immigration, boarding, in-flight services, and arrival assistance
Ola Electric board approves rights issue at 26 pc discount; shareholders to pay in two calls
Ola Electric has announced a rights issue price of Rs 27 per share, significantly below its market value, aiming to garner up to Rs 1,000 crore. Investors will pay 60% of this amount upfront, with the remainder due later. Chairman Bhavish Aggarwal intends to fully subscribe to his portion, using a pledged stake. This funding could ease debt burdens and assist the company in achieving cash breakeven.
Nandini milk prices: The prices of Nandini Milk are expected to rise by Rs 8 per litre, pending Election Commission clearance. This hike will mark the fifth increase since November 2022 and aims to support milk producers facing challenges. The government plans to implement the new prices by November 1, contingent on approval. Of the increase, Rs 6 will benefit milk producers while Rs 2 will go to milk unions.
We have to build our own trust: Geetanjali Kirloskar on Vikrams legacy and the Toyota bond
Toyotas three-decade partnership with the Kirloskar family is moving into its next generation, with Geetanjali Kirloskar saying the relationship is being strengthened through fresh trust, shared values and a more entrepreneurial approach as Manasi Kirloskar takes on a larger role.
GabrielForvia 100-crore JV targets 10% share as India seating market heads to 4 billion
Gabriel India is making a major push beyond suspension systems into automotive seating, partnering with global supplier Forvia as rising vehicle premiumisation and EV adoption increase the value of seating content in Indian cars.
Adani Enterprises gets rating upgrade from CARE Ratings to AA; Stable; shares up 21% in 2026
Adani Enterprises secured its highest-ever credit rating after CARE Ratings upgraded its long-term rating to CARE AA; Stable from CARE AA-; Stable. The agency cited stronger financial flexibility following a Rs 15,000 crore QIP and Adani Airports stake sale.
IATA asks airlines to negotiate Mumbai slot cuts, seek longer transition period
Adani Airport, which operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, had proposed temporarily discontinuing 265 of 770 weekly international departure slots from T2 of the airport from 25 October as part of the transition of international operations to Navi Mumbai.
RBI turns hawkish on inflation, but rate hikes could test growth momentum
The RBI's rate path from here on remains data dependent beyond December 2026. However, the bar for a December pause is much higher now.
School holiday news: On October 8, 2026, most schools across India are set to operate normally and hold classes. Local disruptions, particularly due to weather, may lead to specific closures in certain areas. Parents are encouraged to verify school schedules and follow district notifications closely. Schools in states like Delhi, Uttar Pradesh, and West Bengal are expected to remain operational.
Goenkas' RPSG bets on energy, chemicals, ITeS as its growth engines
CESC Ltd, the groups utility arm, deals with power distribution as well as renewable energy generation under its subsidiary Purvah Green Power Pvt Ltd. It has a market capitalization of a little over 17,400 crore.
WNS Global Services leases 322,000 sq ft of office space in Thane tower
WNS has leased 322,000 sq ft at Hiranandani Centaurus through two agreements, with monthly rent of about 2.90 crore and total rental outgo estimated at 619.37 crore.
NSE cautions investors over pricey overseas ETFs as demand surges
The NSE has cautioned investors about the escalating hazards linked to international exchange-traded funds as they experience steep premiums. While certain ETF prices have risen dramatically, their underlying net asset values stay constant. This disparity is primarily due to supply limitations and new regulations impacting ETF units. Investors should proceed cautiously; purchasing at inflated prices may result in sudden declines.
From roads to solar: DBL plans 15,000 crore energy infrastructure push
Dilip Buildcon plans to invest 6,572 crore in Madhya Pradesh solar projects, with its overall energy portfolio expected to generate lifetime revenue of 68,000 crore
Gurugram (Haryana) [India], October 7: SheFin, a women-first investment platform designed exclusively for women investors in India, has officially launched its mobile application on the Apple App Store and Google Play Store. A brainchild of Sunil Singh, Founder & CEO of InvesTek, SheFin has been created with a clear purpose to encourage more women to participate actively in investing, start their investment journeys early and build long-term financial independence. A women-first investment platform designed to help women start early, invest with greater confidence and build long-term financial independence.
Swastika Infra bags 616-cr order from Maharashtra electricity distribution company
The companys order book stands at 1,400 crore with a presence across nine states
TVS Motor leases 5.3 lakh sq ft in Bengaluru for 56 crore annual rent
The lease commenced on September 17, 2026, and the agreement was executed on September 24
The company also sees India's rapid 5G rollout as giving the country a competitive advantage as the telecom industry prepares to move towards 6G.
Eveready using strength of batteries to make in-roads into home-care segment: CEO Anirban Banerjee
CEO Anirban Banerjee on launching the countrys first portable liquid vaporiser, product innovations, growth strategy and more
Kotak Securities rebrands retail arm as Kotak Neo, eyes unified wealth play
Kotak Neo will be the retail brand for engaging with customers
Brookfield to acquire ESR India's logistics portfolio for 4,300 crore
The 10.5 million sq ft portfolio marks Brookfield's entry into industrial and logistics real estate in India, with ESR continuing to manage the assets in the near term
Brookfield to acquire ESR Indias industrial and logistics portfolio
Commits 4,300 crore towards foray into Indias industrials and logistics space
Edtech firm byteXL raises $9 million in funding round led by Elevar Equity
The edtech startup plans to expand from 40 to 120 institutions in two years and strengthen its AI-led learning platform, academic capabilities and skilling programmes
Margin boost: Jefferies picks 3 bank stocks to gain the most from RBI rate hikes
Jefferies expects RBIs 25-basis-point rate hike and calibrated tightening stance to support bank earnings, particularly ICICI Bank, SBI and Axis Bank. Faster loan repricing could drive margin expansion, while smaller private banks, NBFCs and life insurers may face greater pressure.
RBI hikes rates, but banks may hold off on raising deposit rates
A surge in FCNR(B) deposits has left banks flush with liquidity, reducing the immediate pressure to compete for deposits even as the RBI begins to drain the surplus.
Valiant Organics among 5 commodity stocks that hit 52-week highs and rallied up to 48% in a month
The Sensex fell 429 points to 72,638 on Wednesday, but five BSE Commodities Index stocks hit fresh 52-week highs. Valiant Organics led gains, followed by OCCL, Tatva Chintan Pharma Chem, Fine Organic Industries and Manali Petrochemicals.
CDK Global appoints Sudhakar Ramakrishna CEO
Gabriel India forms joint venture with Forvia for advanced seating systems
The joint venture, Faurecia Anand Seating India, will combine Forvia's seating technology with Gabriel India's manufacturing capabilities to serve Indian automakers.
True Balance Premieres 'Har Life Ka Balance' Docuseries on JioHotstar
Gurugram (Haryana) [India], October 7: True Balance, an AI-powered digital lending platform, has launched Har Life Ka Balance, a three-part docuseries streaming on JioHotstar. The series follows six True Balance customers from different walks of life, highlighting how access to timely credit has supported their journeys across business, education and personal milestones.
ET Alpha Wealth Summit 2.0: The ideas, trends and opportunities shaping future of wealth creation
ET Alpha Wealth Summit 2.0 brings together leading investors, wealth managers and family-office professionals to decode the forces shaping the next investment cycle. From global capital flows, private credit and alternatives to family offices, GIFT City, SIFs and AI, the summit explores new opportunities and evolving approaches to wealth creation.
Lupin launches fixed dose triple combo inhaler for COPD in India
The product is an important addition to Lupins respiratory portfolio.
Hindustan Unilever has raised detergent prices in October, affecting brands like Wheel, Rin, and Surf Excel. This year, Surf Excel products saw multiple price hikes due to rising input costs, including increased palm oil and packaging expenses.
Marcellus Investment Managers has partnered with VanEck to expand its global investment offering for Indian investors through a multi-asset strategy. The portfolio will span global equity and bond ETFs, commodities and real assets, giving high-net-worth investors access to diversified global exposure and dollar diversification through Marcellus GIFT City.
Only bullish corner: Nithin Kamath flags full-on party in IPOs amid broader market weakness
Indian equities remain under pressure, but recent mainboard IPOs are bucking the trend. Data cited by Zerodha CEO Nithin Kamath shows 67.2% of 125 IPOs listed between October 2025 and September 2026 traded above issue prices, with median returns of 24.7%.
Indian equities ended lower on Wednesday after the RBI raised the repo rate by 25 basis points to 5.5% and shifted its stance to calibrated tightening. The Nifty and Sensex fell 0.76% and 0.59%, respectively, while Titan Company, Adani Enterprises and Hindalco led losses. Kotak Bank and Bharti Airtel topped gainers.
From first sale to 100 crore: The new playbooks building consumer brands in India
Three post-pandemic consumer businesses show how founders are finding customers, developing products, building brands and scaling in a market where the barriers to entry have fallen.
NimbusPost Launches Edge, an Invite-Only Priority Support Programme for Scaling D2C Brands
New Delhi [India], October 7:NimbusPost, India's second largest shipping aggregation and intelligence platform, today announced the launch of NimbusPost Edge, an invite-only priority support programme designed for scaling D2C brands that have outgrown standard shipping support.
Cashfree in talks to raise $80-100 million
Existing investor Krafton Inc. is expected to raise stake at the same valuation.
Gradiant bets big on India, secures five contracts, including semiconductor fab
Company appoints Hari Prasad as India MD as water-treatment firm wins five contracts across semiconductor, PCB and solar manufacturing
Flipkart's ex-employees press Walmart for fair ESOP treatment ahead of IPO: Report
Flipkart's ex-employees have approached Walmart's board, seeking fair treatment for their vested ESOPs ahead of the company's planned IPO. Over 30,000 employees may receive 38,000 crore from buybacks. Here's a look at the latest
RBI to share views on Irdais proposed insurance distribution overhaul
RBI governor Malhotra said RBI has not formed a view on Irdais proposed distribution reforms but will share its comments.
HubSpot lays off 660 workers, offers 20 weeks base pay and job-search support
Despite the restructuring, HubSpot has maintained its revenue and non-GAAP operating income forecasts for both the third quarter of fiscal 2026 and the full year ending December 31, 2026.
FCNR inflows to keep cap on bank deposit rates
The liquidity from the foreign currency non-resident deposits is likely to stabilize bank deposit rates temporarily. This situation will allow banks to benefit from higher lending rates associated with floating rate loans. Despite the current surplus liquidity, analysts foresee a shift towards neutrality by the end of December. The Reserve Bank of India emphasizes the importance of proper usage of these deposits for economic stability.
Alcobev value growth hinges on what people drink, not just how much: ISWAIs Sanjit Padhi
Rising incomes and premiumization are driving market value, but shifts toward categories like beer and rigid state pricing controls pose ongoing challenges, says the industry body chief.
Granules India expecting sole first to file status on Ruxolitinib Extended-Release Tablets
If confirmed by the FDA and allapplicable statutory and regulatory requirements are satisfied, first-to-file status may provide eligibility for 180 days of generic drug exclusivity under US law
WHO seeks more details from Russia about reasons for plague institute worker's death
The World Health Organization has sought further information from Russia regarding the death of a laboratory worker. Reports indicate that Darya Shipilova died from pneumonia, with health officials indicating no plague cases among contacts. International concern has escalated, prompting questions about the cause of her illness. Transparency is deemed essential for assessing potential public health risks related to this incident.
'We carry Africa in our hearts and will build partnership for generations to come': Jaishankar
India's External Affairs Minister S Jaishankar is visiting Ghana to strengthen bilateral relations and discuss strategic cooperation. He held talks with his Ghanaian counterpart regarding trade, investment, and multilateral cooperation. India plans to support Africa through technology, energy, and capacity building initiatives while enhancing their strategic autonomy. Jaishankar highlighted the importance of supply chain resilience and empowering the continent's youth.
AAP protests outside Delhi CEO office over SIR, seeks CEC Gyanesh Kumar's resignation
Scores of workers from AAP and other political parties protested for the resignation of Chief Election Commissioner Gyanesh Kumar. The protesters criticized the deletion of millions of voters' names from the electoral rolls in Delhi. Saurabh Bharadwaj emphasized their protest is for constitutional rights, not personal rivalries. Planned protests are set for October 10 at Jantar Mantar regarding these electoral issues.
RBI may hike interest rate further in December policy: Experts
The Reserve Bank of India has shifted its policy stance to calibrated tightening amid rising inflation concerns. A rate hike of up to 50 basis points is anticipated in December, increasing the current benchmark rate. Various economists emphasize the likelihood of cumulative rate increases over the next months. Rising commodity prices and global market volatility are influencing these monetary policy decisions.
Yashoda Lodhi, known as English with Dehati Madam, has seen her online following grow after Priyanka Chopra shared her farm video on Instagram. The Uttar Pradesh-based content creator now has more than 583,000 Instagram followers and over 400,000 YouTube followers. Her work has also received attention from Mrunal Thakur, Abhay Deol and R Madhavan.
How Russia and the world are responding to possible case of pneumonic plague after lab worker dies
The World Health Organisation has confirmed that Russian authorities reported no cases of plague in Siberia. A laboratory worker at the Irkutsk Anti-Plague Research Institute recently died from pneumonia. Investigations revealed she had a typical acute respiratory viral infection and not pneumonic plague. Russian officials have completed contact tracing and concluded that the epidemiological situation remains stable. US officials are advising Russia to share more information about the ongoing investigation.
An 80 year old retired ordnance factory manager, his wife and their house help were murdered at their Dehradun home on Tuesday after a plumber got into an argument over payment for repair work he had done. Accused allegedly stabbed all three with a screwdriver before fleeing with a gold chain, and was caught by neighbours soon after.
The Northern Lights forecast looks promising, but seeing the Aurora Borealis is never guaranteed. Much depends on the magnetic orientation of the incoming cloud. It could lead to a sky filled with glowing curtains of light. Or the display could turn out to be much weaker than expected.
10 must watch moments from PM Modis one-hour speech on 25 years of political journey
Oat cookies, sambar rice on menu as MCD schools revamp mid-day meals
New Delhi's Municipal Corporation is set to enhance mid-day meals for children in its schools. Starting in November, new vendors will introduce diverse and appealing meal options like oat cookies and fruit. The menu will retain popular dishes, with additional variations to encourage healthier eating habits. Nutritional standards, requiring specific calorie and protein intake, will be maintained by regulated food checks.
