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Nike stock after NKE earnings: Nike stock is down after the company reported a quarterly revenue miss and forecast a high-single-digit revenue decline for fiscal 2027. Nike also announced layoffs as part of a restructuring plan expected to generate about $2.5 billion in savings through fiscal 2031.
US midterm elections 2026: Trump's approval rating falls to record low as 2026 Midterms near
A recent AP-NORC poll shows Donald Trump's approval rating has plummeted to 31%, reflecting increasing public dissatisfaction. With midterm elections on the horizon, voters voiced their worries about the economy and rising prices, emphasizing 17% approval for Trump's management of cost of living. In response, White House spokesperson Davis Ingle defended Trumps record by pointing out his significant policy achievements that could influence the forthcoming elections in November 2026.
Two Anups take the top seats at HDFC Bank, Kotak
Insurers mull seeking mutual fund-style expense limits from IRDAI
The insurance industry is currently discussing a tiered expense structure to replace uniform expense limits set by regulators. Smaller insurers are advocating for higher allowable expenses on initial premium bases to facilitate growth. These discussions follow the regulator's proposal to limit the expenses of management for life and general insurers. Industry executives believe a tiered structure can promote competition among insurers of different sizes.
Vedanta Copper plans $2.3 billion capex, Tamil Nadu smelter restart back on agenda
Vedanta Copper announced plans to invest $2.3 billion over three to four years to increase its output. The company aims to produce 500,000 tonnes of copper in India and 500,000 tonnes in Saudi Arabia. Officials are in advanced discussions to potentially restart the Tuticorin smelter, which has been inactive since 2018. If approved, they will invest $250 million to refurbish and restart this facility to enhance operations.
Indias fuel demand splits in September as petrol, diesel rise and LPG falls
Petrol and diesel sales increased in September by 7.2% and 4.9% year-on-year, respectively. The rise in petrol consumption was supported by higher vehicle sales during the month. Meanwhile, diesel demand was boosted due to below-normal monsoon rainfall and increased economic activity. Aviation turbine fuel sales experienced flat growth, indicating subdued air traffic. LPG consumption fell by 9% as disruptions from the war impacted supplies.
NCLT rejects Uniton Infra insolvency plea against Shapoorji Pallonji over Rs 4.31 crore claim
The National Company Law Tribunal rejected Uniton Infras plea seeking insolvency proceedings against Shapoorji Pallonji & Co over an alleged Rs 4.31 crore default linked to road resurfacing work in Nellore. The tribunal said one invoice fell under the Covid-era ban on bankruptcy filings, while the remaining claim was below the Rs 1 crore threshold.
Govt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reports
Oil secretary Neeraj Mittal stated that restricting fuel sales at pumps is unacceptable during a press conference. He emphasized that no companies are permitted to cap fuel sales. Reports indicate that Nayara Energy and Reliance Industries-BP joint venture have limited diesel sales. The increase in international diesel prices has affected the domestic supply. Mittal reiterated that the government's stance on this issue remains unchanged.
Gold and silver ETFs reversed their strong August performance in September 2026 as domestic prices declined. How did the two commodity ETFs fare during the month, and which schemes saw relatively smaller declines? Heres what the data shows.
Indias biotech ecosystem holds tremendous promise: Eli Lilly CEO
Eli Lilly has experienced significant growth, reaching a market capitalization over $1 trillion. The company aims to maintain its leadership in anti-obesity drugs through ongoing innovation and development. With successful trials for drugs like retatrutide and Foundayo, Lilly is expanding its product offerings. The company recognizes the importance of India as a growing market for healthcare investments and partnerships.
ARCs seek govt help to speed up recovery
Asset reconstruction companies have called for improved government intervention to accelerate debt recovery through DRTs. They proposed changes including automatic lapse of interim stays after two months and better notification processes for creditors. Additionally, they requested timely filling of DRT vacancies and enhanced electronic services for litigation. The Sarfaesi Act has been highlighted as an essential tool for banks in asset recovery.
Anushka Sharma-backed Slurrp Farm explores fresh fundraise as existing investors eye exit
Slurrp Farm is currently exploring new fundraising opportunities as existing investors consider exiting their holdings. The company aims to attract potential investors while discussing the details of the proposed deal. Founded by Meghana Narayan and Shauravi Malik, Slurrp Farm has leveraged supergrains in their products. Recently, the brand was valued at 827 crore during a Series C5 funding round. Investor interest continues to rise in the healthy snacking market.
Strong macro show takes shape in Q2 before festive rush
India's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car sales surged by 21% year-on-year, indicating strong consumer demand during the festive season. Manufacturing activity is robust, contributing to a rise in the HSBC Purchasing Managers Index to a seven-month high.
SRMIST signs MoU with South Koreas Jeonbuk National University
Partnership to facilitate student and faculty exchanges, joint research, publications and short-term academic programmes
Indias city hotels find a new growth engine in weekend getaways
Weekend demand at city hotels in India is improving, driven by rising staycations and increased domestic travel. Occupancy levels have significantly increased in 2026, with Mumbai and New Delhi recording substantial gains. Major hotel chains like Radisson and Ibis report favorable trends in occupancy rates and average daily rates. This shift in consumer behavior marks a notable change in the hospitality landscape post-Covid-19.
Pension savings may get bigger infrastructure play as PFRDA explores direct project exposure
The government is seeking to channel more pension savings into Indias long-term infrastructure needs, with PFRDA chairman S Ramann saying the regulator is exploring additional avenues, including direct exposure to large projects. CEA V Anantha Nageswaran called pension savings patient, long-duration capital suited to financing long-lived infrastructure assets.
Vedanta plans $200 million push to lift Rajasthan oil output
Vedanta Oil and Gas is increasing investment in Rajasthan to enhance crude output from existing wells. The company aims to invest approximately $200 million in 2026-27 across several fields in the region. Further, Vedanta plans to develop a new hub for gas growth in the northeast region. Enhanced-recovery techniques are being employed to increase production efficiency from their wells.
RBI asks banks to tackle repeat customer complaints, fix gaps in grievance systems
The Reserve Bank of India has asked banks to identify systemic, process and operational gaps behind recurring customer complaints and conduct root-cause analysis to reduce their recurrence. The regulator also called for stronger capacity building and grievance handling. More than 1.33 million complaints were received under the ombudsman scheme in FY25.
EV boom gathers pace as electric car sales jump 95% on fuel prices, new models
India's electric vehicle market recorded substantial growth in September, with sales reaching 34,894 units. This represents a 95% increase compared to last year's figures. Tata Motors maintained its market leadership with a 42.2% share, while Mahindra followed with 22.2%. Interestingly, newer entrants like VinFast and Maruti Suzuki captured significant market shares within a short span.
Finance ministry sees Q2 FY27 GDP growth at 7.3%, flags trade, crude and AI risks
The finance ministry expects Indias real GDP to grow 7.3% in Q2 FY27, above the RBIs 6.4% forecast, but warned that global uncertainties could weigh on investment. US trade relations, tariff pressures, crude prices and the lack of an India angle in global AI developments are clouding investor interest.
Piyush Goyal, US trade envoy Greer discuss early conclusion of India-US interim trade deal
Commerce Minister Piyush Goyal held a productive discussion with US Trade Representative Jamieson Greer on early conclusion of a mutually beneficial interim trade agreement between India and the US. The meeting came alongside PM Narendra Modis conversation with President Donald Trump and Goyals participation in the G20 trade ministers meeting.
India's manufacturing PMI hits 7-month high in September as domestic, export demand strengthen
Indias manufacturing activity accelerated to a seven-month high in September, with the HSBC PMI rising to 55.1 from 52.8 in August as stronger domestic and export demand lifted new orders and output. Factory production posted its sharpest expansion in four months, while hiring resumed and business sentiment improved.
VB-G RAM G: Work demand from households rises 34% to 15.64 mn in September
Household demand reaches 15.64 mn amid monsoon deficit in south, west states, up 26% from August
Passenger denied boarding over name mismatch; travel firm, airline told to pay 78,920
The consumer commission observed that the failure of the opposite parties to provide the promised refund amounted to deficiency in service and an unfair trade practice
Got a 10,000 bonus and already have 5 mutual funds in your portfolio? Should you spread it across your existing funds or put it in one scheme? Heres what investors should consider.
Crude prices back above $101 as China suspends oil exports
Oil prices experienced a 2% rise as China halted oil product exports to regions outside Hong Kong and Macau. This suspension is likely to tighten fuel markets which are already dealing with supply shortages globally. Investors are reacting to ongoing diplomatic efforts concerning the US-Israeli situation with Iran. The market response was volatile, reflecting the uncertainty caused by these developments.
S&P praises Indian economy, but points to gathering clouds
India beat forecasts while contending with the same inflationary pressures, geopolitical conflicts and slower growth as others
NCERT Class 9 Book Links Temples to Power, Economy
Temples evolved into major economic hubs that managed extensive land grants, provided employment to specialised workers and functioned as financial institutions for local traders.
Experts highlight risks young investors should consider when using AI for investment decisions.
'Iran may be linked to FlyDubai copilot', says Trump
A Pension Adalat will be held on October 12-13 in Gurugram for pension-related issues of Haryana's retired and serving GPF employees. Officials encourage eligible attendees to bring necessary documents for resolution. Check timings, documents to carry and more.
Large-cap mutual fund or Nifty 50 index? Expert weighs in on where to invest and if SIP is better
Large-cap mutual funds and Nifty 50 index funds both offer ways to gain large-cap exposure. But should investors choose one or hold both? An expert explains how passive and active allocations can fit into a portfolio and what investors should consider.
Emirates flight EK31, an Airbus A380 flying from Dubai to London Heathrow, was diverted to Frankfurt after a passenger suffered a medical emergency on board. The aircraft landed safely and the passenger was taken for further medical care. The diversion came just days after a separate flydubai flight to Israel was forced to make an emergency landing after its co-pilot allegedly stabbed the captain.
BRICS is loosening the $ grip on the world
Auto makers post strong sales ahead of festive season
Auto makers in India reported impressive sales growth, indicating strong demand heading into the festive season. A total of approximately 460,000 vehicles were dispatched in September, marking a 21% increase compared to last year. Maruti Suzuki led the market with a 37% increase in sales, underscoring consumer enthusiasm.
Mumbai chef Guntas Sethi has introduced a recipe for a high-protein chocolate mousse that is guilt-free. The mousse is made using ripe bananas, raw cacao powder, nut butter, and milk. This recipe has been endorsed by celebrity nutritionist Luke Coutinho for its healthy ingredients. Sethis mousse contains 230 calories with significant protein and healthy fats. The dish is easy to prepare and can be chilled for better texture.
Rick Ross has been arrested in Miami Beach following allegations made by a woman regarding domestic violence. The woman claims he struck her and restricted her breathing during an altercation at his residence. Ross has turned himself into the police and faces charges of battery by strangulation and misdemeanor battery. His attorney denies the allegations and emphasizes Ross's innocence as the legal proceedings unfold.
CJP founder Dipke briefly detained near Marine Drive after being spotted with placards
Abhijeet Dipke, founder of the Cockroach Janta Party, was briefly detained by Mumbai Police on Marine Drive. This occurred a day before a planned protest demanding the resignation of Chief Election Commissioner Gyanesh Kumar. The CJP's initial protest at Shivaji Park was denied permission due to various concerns. Following this denial, Dipke announced a mass voluntary arrest campaign to continue their efforts.
How Alice Walton got $33B richer without owning co.
Motown on Fast Lane; PV Sales Jump 21% in September
Domestic passenger vehicle dispatches in India are estimated to have grown by approximately 21 per cent to 4.60 lakh units in September, with major carmakers like Maruti Suzuki, Tata Motors, M and M, and Hyundai all reporting double-digit growth, driven by increased supplies for the upcoming peak festival season and healthy demand.
Eventions SME IPO to open on Sep 30; seeks to raise Rs 38.12 cr
Eventions IPO aims to strengthen financial stability, support working capital, and pay off debt. Funds from the IPO will also help invest in a subsidiary and address general corporate purposes. Eventions reported growth in total income and profit after tax over the past three years.
An unexpected art discovery has reshaped North Carolina artist Beth Feeback's fortunes. When purchasing a painting at Goodwill, she had no idea it was Ilya Bolotowsky's famed 'Vertical Diamond.' The artwork was later auctioned at Sothebys for an impressive sum exceeding $27,000. With her windfall, Feeback intends to fund renovations and tackle her debts, reminding us that invaluable art often lurks in the most unassuming places.
Coal India production up 9.2% in September
Coal India informed that coal production is expected to pick up further with monsoons over.
Calcutta High Court declines interim resumption of prayers at mosque inside Kolkata airport
The Calcutta High Court has adjourned the case regarding prayers at Bankra Mosque until October 7. The mosque predates the airport, which started operations in 1924, and had allowed access for many years. Access to the mosque was stopped on July 11, raising concerns for local worshippers. The Airports Authority of India noted recent security breaches around the area of the mosque.
The proposed No UPI Day protest on October 2, Gandhi Jayanti, has been called off by AIMRA and AICPDF after their meeting with FM Nirmala Sitharaman. Heres what the proposed 0.4% UPI MDR means, what retailers have sought and what customers should know.
India must become more competition-friendly, says finance ministry report
The finance ministry expects 7.3 per cent growth in Q2 FY27 but warns of risks from geopolitical tensions, higher global yields and supply shocks as investors turn cautious
Gopchade proposed establishing a dedicated policyholders protection framework, with separate arrangements for life and long-term insurance, as well as general insurance.
Bridgerton Season 6: Eloise Bridgerton is finally getting her story and Sir Phillip Crane is waiting
Eloise has spent much of the series unsure about marriage. She struggles with the expectations placed on young women in Regency society. The idea of formal courtship has never appealed to her. For Eloise, freedom has often seemed far more exciting than finding a husband.
Most Americans blame Trump for high prices as his economic approval hits new low, AP-NORC poll shows
A recent survey reveals that a rising number of Americans are unhappy with how Trump is managing the economy and increasing prices. Citizens attribute the high cost of living to his policies, creating worries about affording essential items. Approval ratings for Trump's economic strategies have plummeted, leading to disappointment even among Republicans.
In a startling incident in the South Pacific, the yacht named Tai Tam was collided with by a sperm whale, which caused extensive damage. The strike led to significant flooding and failure of the steering system. After hours of battling to keep the yacht afloat, the crew had to evacuate to a life raft.
'How dare he!': Veterans blast Trumps 250-Foot Triumphal Arch plan near Arlington National Cemetery
Foreign nationals don't have inherent right to seek entry into India: Delhi HC
Delhi High Court has ruled that foreign nationals do not have an inherent right to enter India. The court stated that holding a visa does not guarantee unconditional entry into the country. A woman's plea for entry was dismissed after concerns about her travel history were raised.
LURE Enters India, Partners With CIRIL to Drive Branded Real Estate
The collaboration will focus on connecting leading international luxury, lifestyle, hospitality, wellness, fashion and retail brands with suitable opportunities across India's premium real estate landscape.
Govt warns private fuel retailers over sales caps
Petroleum Secretary Neeraj Mittal emphasised that the government will take up the matter with the private oil-marketing companies.
Delays, recoveries and ethics pose key challenges for IBC: IBBI chairperson
IBBI chairperson Jayanti Prasad flagged delays, ethics and realisations, while NCLT President Anupinder Singh Grewal cited vacancies and sought a higher filing threshold.
ICC ODI World Cup 2027 Full Schedule: Check groups, key fixtures, Super 7 format and knockouts
ICC ODI World Cup 2027 Full Schedule: The tournament will begin on October 2, 2027, with the qualifying Super Series in Windhoek before the main group stage starts on October 7. India and Pakistan are among the teams in Group A, with their match scheduled for October 10. The tournament will progress through the Super 7 phase before the semi-finals and November 21 final in Johannesburg.
A leather journal made in a Portland garage became the starting point for Portland Leather Goods, a company that grew far beyond local craft markets. Curtis Matsko and his partner built the business around direct sales, durable leather and accessible prices. Etsy helped push the brand to a much larger audience, while the company continued growing without outside investment or venture capital.
Books, coffee and banking: Anup Bagchi the ICICI lifer set to lead HDFC Bank
Anup Bagchi, who has spent 34 years at ICICI Group, will join HDFC Bank as managing director. He has held various leadership roles, overseeing retail and wholesale banking functions. Bagchi's appointment comes after the RBI approved it, succeeding Sashidhar Jagdishan. Known for his informal manner, he led the bank through challenging times like demonetisation.
Storage in Indias key reservoirs improves a tad, but still below last year and normal level
18 reservoirs are brimming, but 51 dams are half-empty as IMD predicts below-normal rainfall this month
India, Jordan eye deeper textile ties
India and Jordan are embarking on an exciting journey to enhance collaboration in the textiles and apparel industry. A recent high-level delegation from Jordan engaged with Indian officials, discussing opportunities for partnerships across multiple sectors, including fabrics and technical textiles. They are also exploring joint ventures and student exchange programs to bolster trade and deepen mutual ties.
Chennai Metro Phase-II achieves hat-trick of TBM breakthroughs in three days
With this breakthrough, CMRL has achieved a hat-trick of TBM breakthroughs in three consecutive days, marking a significant achievement in the ongoing tunnelling works under Phase II
PNGRB, Oil Ministry launch drive targeting 50 lakh D-PNG connections by March 2027
The National PNG Drive 3.0 will run up to March 31, 2027 with the objective of accelerating PNG adoption, facilitating transition from LPG to PNG
RBI extends benchmark issuance strategy to 7 more states, J&K from Q3 FY27
The framework will cover more states and Jammu and Kashmir from Q3 FY27, while total market borrowing by states and Union Territories is expected at 3.61 trillion.
Large- and small-cap mutual funds are seeing different investor interest, raising questions about how you should allocate across equity and other asset classes. A September report outlines how conservative, moderate, and aggressive investors could structure their portfolios.
Goyal meets USTR Greer, discuss early conclusion of India-US interim deal
Goyal and Greer discussed an interim trade agreement at the G20 meeting in Milwaukee, where talks also covered food supply chains, excess capacity and forced labour
PNG Drive 3.0 targets 50 lakh new connections, shifts focus to gas network utilisation
The third phase of the National PNG Drive would be in force until end of fiscal year 2027.
Rajiv Gauba calls for energy reforms, stronger regulation to boost security
The Niti Aayog member urged faster domestic exploration, a stronger gas value chain and regulatory reforms that keep pace with new technologies while protecting consumers
Pensions via UPI: PFRDA chief S Ramann bets on NPS Tatkal, targets 3 crore new subscribers
The regulator is looking to expand pension coverage by making it easier for people to open NPS accounts and contribute digitally, particularly through the newly introduced NPS Tatkal facility.
PepsiCo, Monster challenge India 'energy drink' label ban citing business impact
PepsiCo and Monster Beverage have sued India's food regulator for banning their use of the energy drink label, non-public court filings show, escalating a regulatory fight that has jolted a sector expected to be worth $1.6
This year, October 2 or Gandhi Jayanti, will fall on a Friday, marking the first weekday bank holiday of this month. Check how bank services, UPI, Net banking, ATM services will be impacted.
In a heartwarming social media post, Chris Hemsworth proudly celebrated as his daughter India clinched victory in a boys-only bull-riding competition. The touching footage shows a joyous Chris cheering for Indias remarkable achievement. He expressed the meaningful choice behind her name, drawing from his fond memories in India. Presently, Chris is dedicated to nurturing his children in Australia, shielding them from the glitz of Hollywood.
Nobody is allowed to cap fuel sales: Petroleum Secretary
The governments response comes amidst reports of private retailers such as Jio-bp and Nayara Energy capping diesel sales
India can emerge as key rice supplier as global production falls 9% and demand rises 14%: IREF
India's rice production is expected to decrease, while global demand is projected to rise significantly. The country possesses sufficient surplus stocks to address international market needs. Other major rice-producing nations are under pressure, which presents opportunities for Indian exporters. Challenges such as rising fuel and fertilizer costs continue to impact the global rice market. This situation could enhance India's status as a key player in the international rice trade.
125-room Tata's Gateway hotel to open in Siliguri
Digital personal loans are gaining ground in India, with digital lenders accounting for a large share of loan volumes. A new report examines how borrowing patterns are changing, who is using digital credit and how banks compare as the lending landscape evolves.
Bank account emptied by cyber fraud? Heres what to do immediately and why 'golden hour' matters
A cyber fraud can leave victims worried not just about lost money but also about what happens to their bank account after the incident is reported. Heres what customers need to know about the banks response, account restrictions and chances of recovering the money.
Anup Saha: Grounded operator, sharp with numbers
In a shocking turn of events, rapper Rick Ross was arrested in Miami Beach on domestic violence charges, including felony battery by strangulation. The arrest follows serious allegations made by his former girlfriend, Jazzma Kendrick, regarding physical abuse. Authorities have yet to establish a direct connection between the arrest and Kendrick's claims, but the scrutiny surrounding these incidents continues to intensify.
ICAR ties up with FCI to trial alternative pest control in grain storage
The trials will test nitrogen, carbon dioxide and a combination of carbon dioxide and phosphine to address pest resistance, worker health risks and fumigation costs
TCIL pays Rs 43.86 crore dividend to government for FY26; profit after tax at Rs 146 crore
Telecommunications Consultants India Ltd has paid a dividend of Rs 43.86 crore to the Government of India. This payment follows an operating revenue of Rs 3,335 crore and a profit after tax of Rs 146 crore. Over five years, the company's revenue has significantly increased from Rs 1,596 crore in FY 2021-22 to Rs 3,442 crore in FY 2025-26.
Indias fund managers turn to fixed income as rate cycle shifts
Fund managers at the Morningstar Investment Conference 2026 discussed bond yields, corporate credit, fund duration, asset allocation and market volatility.
Nissan Motor September sales down 5% to 10,025 units
Nissan Motor's total car wholesales fell by 5 percent in September 2026, reaching 10,025 units, compared to 10,500 units the previous year. In detail, the domestic market contributed 3,300 units, against 6,725 units in exports. However, a promising trend emerged with domestic wholesales increasing twofold from 1,652 units in September 2025, driven by growth in SUV demand and better dealership support.
Finance ministry projects 7.3% Q2 growth as economy maintains momentum
DGTR recommends anti-dumping duty on tuberculosis drug ingredient imports from China, Thailand
DGTR determined that the product was being exported from China and Thailand at prices below its normal value and concluding that it had caused material injury to the domestic industry
HDFC Bank appoints ICICI Pru's Anup Bagchi as MD and CEO
HDFC Bank has announced the appointment of Anup Bagchi as its new Managing Director and Chief Executive Officer for a three-year term, effective October 27, 2026. Bagchi, currently leading ICICI Prudential Life Insurance, will succeed Sashidhar Jagdishan, whose term concludes on October 26, 2026. The Reserve Bank of India has approved this significant leadership transition.
Tightening FSSAI rules are reshaping Indias paneer industry, with branded players increasing capacity
TRAI directs telcos to prominently display mandatory recharge packs
Telecom Regulatory Authority of India has instructed telecom operators to clearly display recharge plans online. This directive follows subscriber complaints about the difficulty of finding these plans. Operators have 30 days to comply with the new regulations regarding mandatory packs. Subscribers will benefit from added transparency as plans will be more accessible for all users.
Indian banks see credit growth outpace deposits in second quarter
In the second quarter, several Indian banks reported that credit growth outpaced deposit growth significantly. Canara Bank experienced a credit growth of 19.4% compared to a 13.1% increase in deposits. Similarly, Indian Bank showed a credit growth of 16.6%, while deposits grew only by 12.4%. This trend was seen across most banks, though South Indian Bank was an exception.
Crop Care Fed calls for balanced approach to agrochemical use, exports
Union Minister of State for Agriculture and Farmers Welfare Ram Nath Thakur called for responsible use of pesticides and chemical fertilisers
