20 C 
Hunter Biden Laptop case: The case was filed less than two weeks before the November 3 elections via criminal complaint, which means prosecutors have not yet presented the allegations to a grand jury for an indictment.
Uttar Pradesh: Congress seeks over 175 Seats from Samajwadi Party
Congress has approached Samajwadi Party regarding contesting a significant number of seats in Uttar Pradesh. While Congress has proposed 175 to 200 seats, Samajwadi Party considers this demand excessive for the party's strength. Currently, Congress holds only two seats in the UP assembly of 403 members. The leadership of both parties will meet for discussions on seat-sharing arrangements.
'Ilhan Nur Said Elmi': Trump calls for Omars resignation, revives controversial name allegation
Diet Coke, beer makers get 6-month breather as govt extends aluminium can certification deadline
The government has extended the deadline for quality certification of aluminium beverage cans to April 2027. The extension provides manufacturers necessary time to increase production amidst growing demand. Many brands are experiencing supply challenges due to disruptions from the Middle East conflict. The beverage industry had hoped to produce additional cans but fell short of expectations. Consequently, manufacturers are seeking regulatory relief as they attempt to meet rising consumer needs.
Typically, orange peels are thrown directly in the trash. Nonetheless, a girl from South Africa transformed kitchen waste into a solution for water shortages that could spell disaster for farmers. As reported by the BBC, Kiara Nirghin, a South African girl, tested kitchen waste to assess how well it can absorb and hold water.
Lava MD Sunil Raina, CFO Rajesh Sethi exit amid turnaround
Raina, who has been with the company for 16 years, will step down by the end of December, according to people familiar with the matter. Sethi is currently serving his notice period. Earlier, chief manufacturing officer Sanjeev Agarwal quit the company to join memory maker Micron.
Private sector activity hits four month high in October
India's private sector activity experienced significant growth in October, reaching a four-month high as new orders increased. The HSBC Flash India Composite Purchasing Managers' Index rose to 56.7, signaling expansion. Manufacturing output and new orders remained stable, while services activity saw notable improvement. Employment increased slightly, although firms showed caution in hiring due to adequate staffing levels. International demand contributed to growth, with export orders expanding significantly during this period.
Godrej Properties Q2 Profit Drops 62%, Pre-Sales Down
Godrej Properties reported a significant 62 per cent decline in consolidated net profit to Rs 154.15 crore for the September quarter, primarily due to higher expenses, while its sales bookings also fell by 6 per cent to Rs 8,008 crore.
India to remain strict on quality: Industry minister Piyush Goyal
India's Commerce Minister Piyush Goyal emphasised a strict stance on quality and environmental regulations. He noted that many companies are eager to invest in India across various sectors. Goyal mentioned India's advantages in decarbonisation amidst competition from Europes carbon border adjustment mechanism. Discussions on free trade agreements indicate significant potential for job creation in India.
The Reserve Banks framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.
FSDC stresses on vigilance, reforms amid global uncertainty & AI boom
Finance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining financial stability amidst looming geopolitical tensions and fluctuating global bond yields. Key topics included fostering a robust domestic investment climate, ensuring effective capital movement for reform, and addressing cybersecurity needs within the financial sector.
Apple has collaborated with The Conservation Fund to revitalise 14,000 acres of coastal redwood forest in California. This ambitious project aims to safeguard ecosystems while benefiting wildlife, enhancing carbon storage, and enriching local communities. It plays a vital role in Apples commitment to achieving carbon neutrality by 2030, as the ongoing monitoring of forest growth is intended to generate carbon credits, aiding in the reduction of emissions.
More bugs out there: PHP2Shell is just the start
Indian realty sector sees 69% fall in deal value to USD 705 mn in Jul-Sep: Grant Thornton Bharat
Indian real estate recorded USD 705 million in deals in the July-September quarter. This marks a significant 69 percent decrease from the previous quarter's USD 2.3 billion. Deal volumes also fell by 38 percent quarter-on-quarter, indicating a cautious investment climate. Private equity remained a key contributor with nine transactions valued at USD 555 million.
Trump admin seeks to block Alaska Senate result if Republicans lose
The US Justice Department is seeking to invalidate Alaska's Senate election results if the Republican incumbent loses next month, in a rare legal move that raises questions about the Trump administration's willingness to accept defeat in the midterms. Democrats have accused the Trump administration of seeking to influence the November vote by expanding federal control over state-run elections and by repeatedly questioning the integrity of election results.
Upper-layer NBFCs must list on stock exchanges: RBI Guv Sanjay Malhotra
His remarks come amid a debate over whether Tata Sons, the holding company of India's largest conglomerate Tata group, is required to go public
In Trappes and La Verriere, a Paris suburban area, a gunman opened fire, killing one person and injuring several others. Authorities suspect the attack to be racially motivated, leading them to classify it as a terrorist crime. A twelve-year-old girl was among the seriously injured, reflecting the attack's random targeting of passersby. The suspect was arrested shortly after the shootings, which happened in under fifteen minutes.
Tata Motors rules out raising Iveco bid, calls 14.40 offer last and final
Tata Motors announced a final offer of 14.40 per share to acquire the Iveco Group. This revised bid came after a delay in regulatory approvals across several countries. The approval from minority shareholders was sought during an extraordinary general meeting. The offer is set to close on October 26, with settlement planned for October 30. Tata Motors plans to complete this acquisition by November, if all conditions are met.
Bombay High Court questions arrest of Schaeffler India chief after fatal factory accident
The Bombay High Court's ruling comes after an incident on June 9, 2026 left two workers dead from to a gas leak. Harsha Gopal Kadam's arrest followed on October 19, with fresh charges leveled against him. The court emphasised a lack of substantial evidence to warrant his continued custody.
The banks bottom line for Q2FY27 was supported by a rise in net interest income, which stood at 4,569 crore as against 4,409 crores a year ago
Government to modify labour survey to capture gig economy, unpaid household workers
Periodic Labour Force Survey will include additional questions to measure labour underutilisation
Strong macro fundamentals, policy interventions to anchor eco against global headwinds: RBI bulletin
Strong macroeconomic fundamentals continue to support the Indian economy against global inflation and trade tensions. Recent geopolitical frictions have resulted in increased prices and supply chain issues, leading to policy changes. Currency fluctuations were observed, but measures by the Reserve Bank helped stabilize the rupee recently. Foreign Direct Investment remains robust, driven by significant inflows from major sources like the US and Singapore.
On July 29, Karishma Tanna embraced motherhood with the arrival of her first child and has been candid about her postpartum experiences. She openly discussed the physical changes she faced and the struggle for self-acceptance following childbirth. Tanna expressed feelings of being overwhelmed with shopping and reevaluating her personal expectations, highlighting the necessity of patience in healing her body during this change.
Govt to fund 50% of deepwater exploration costs under Rs 84,084 crore Samudra Manthan scheme
The Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued guidelines extend this support to previously awarded Open Acreage Licensing Policy and Discovered Small Field blocks. Additionally, the financial assistance covers seismic surveys and a portion of exploratory well costs. Recovery of government funding will begin after commercial production or upon recovering 50% of costs.
GTPL Hathway begins publishing TV viewership data from 10,000+ set-top boxes
GTPL Hathway has introduced audience viewership data for TV channels through its set-top boxes across various markets. This is an industry first and adheres to the guidelines from the Ministry of Information & Broadcasting. It uses return path data to derive insights without collecting personally identifiable information from subscribers.
Livestock sector estimates 17% drop in kharif maize output due to drought in Karnataka, Maharashtra
Soybean production is projected to be 3.5% lower than last year at 124.06 lakh tonnes
India's net FDI inflows rise to $13.8 billion in April-August FY27: RBI
Net FDI inflows increased from $9.6 billion a year ago, supported by higher gross inward investment and a slowdown in outward FDI, according to Reserve Bank of India data
Pedro Pascals Gladiator II is back in the spotlight on Netflix, topping the US movie charts. Even though it made over $462 million at the box office, it was made on a $250 million budget, so the studio isnt rolling in profits. The movie revolves around Lucius, grappling with revenge and challenges after becoming a gladiator.
Tata Motors expects double-digit growth for CV industry in FY27
In the financial year 2026, India's commercial vehicle sales crossed the one-million mark with a 12.6 per cent rise to 10.80 lakh units. Almost 60 per cent of the industry volume comes from light commercial vehicles.
Sagarmala Finance Corp aims for Rs 60,205 cr disbursal by 2031
Sagarmala Finance Corporation Limited has announced a cumulative disbursement target of Rs 60,205 crore by 2031. The financing has reached Rs 11,563 crore, with Rs 5,107 crore disbursed so far. Union Shipping Minister Sarbananda Sonowal emphasized SMFCL's role in supporting port-led development and shipbuilding initiatives. The Maritime Investment Fund aims to strengthen long-term financing for maritime projects nationwide.
RBI tightens operational risk capital norms for banks from April 2027
The RBI has revised operational risk capital norms for banks, covering income classification, derivative valuations and historical loss data, with the new rules effective April 1, 2027
Currency in circulation growth hits five-year high, says RBI report
Currency in circulation rose 13.5% YoY to 43.46 trillion in October, while reserve money grew 10.3%, supported by FCNR(B) inflows and RBI liquidity measures
Outward remittances under LRS rise 3.6% to $2.74 billion in August 2026
Outward remittances under the RBI's Liberalised Remittance Scheme rose 3.6% YoY to $2.74 billion in August, driven by overseas investments, while education spending fell
The DIPAM secretary's assurance comes as IDBI Bank employees oppose the governments divestment plan and have called for a strike across the lenders branches in early November. The United Forum of Bank Unions has also extended support to the proposed strike.
Koffee With Karan kicked off its ninth season with the lively duo Rashmika Mandanna and Vijay Deverakonda as featured guests. Previously, Abhishek Bachchan took a walk down memory lane, sharing quirky stories about his family's WhatsApp dynamics, highlighting Jaya Bachchan as the chatty one and Amitabh Bachchan as the silent observer. He also recounted a funny moment when Amitabh's response was notably delayed.
VISHWAS 2026 is a one-time settlement scheme that lets employers resolve disputes over damages levied for delayed Provident Fund contributions. Several High Courts have directed or encouraged employers to use the scheme to close pending litigation.
RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economy
India's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures have intensified due to geopolitical tensions and supply-side bottlenecks. The RBI reported an increase in both industry and services indicators, showcasing economic strength. The IMF has revised India's growth projection for 2026-27 to 7% based on resilient domestic demand. Global financial volatility has increased amid global challenges and rising inflation risks.
India says peace along China border essential for growth in bilateral ties
Border situation gets periodically disturbed when Chinese forces diverge from established patrolling patterns: MEA
RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor
RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence in India's robust forex reserves and external sector resilience amid these challenges.
What kind of AI economy does India want to build?
Forex Reserves Fall by $5 Billion to $721 Billion
India's foreign exchange reserves saw a decline of USD 5.011 billion, reaching USD 721.016 billion for the week ending October 16, as reported by the Reserve Bank of India. This marks a continued downward trend from their all-time high in September.
Honeywell Aerospace scouts for more MRO partnerships in India
Companys senior executive cites India as a major sourcing market, with over 100 parts suppliers
Hallmark Christmas movies 2026 ranked: why Holiday Touchdown: A Bears Love Story tops the list
As the holiday season approaches, Hallmark presents an enticing array of Christmas films for 2026. At the forefront is 'Holiday Touchdown: A Bears Love Story', a heartwarming narrative blending football fervor, familial bonds, and romantic intrigue. Next on the list is 'Tis The Season For Setups', where a matchmaking mission leads to charmingly unexpected romances. Concluding the lineup, 'Mr. & Mrs.
Chennai airport ATF tax cut to 16% from 29%; rate slashed to 1% for other TN airports
The move is expected to ease airlines operating costs and, in turn, reduce the cost of air tickets
JK Tyre to hike prices by 4-5% in Q3 as raw material costs stay elevated
JK Tyre & Industries Ltd intends to raise tyre prices by 4-5% in the current quarter. The company aims to offset higher raw material and container freight costs. This follows previous price increases of 5% and 7% in earlier quarters. The company reported a decline in profit for the July-September quarter amid challenging operating conditions. Rising costs of raw materials continue to impact the company's profit margins going forward.
Indian economy anchored by solid macroeconomic fundamentals and policy interventions: RBI bulletin
West Asia crisis drives oil prices, inflation risks
In 2020, Leisa Eckerle Hankins bought Benjamin Twiggs, a cherry store in Michigan, unaware her father had previously invested in it. Growing up amidst cherry farms, she often helped her family harvest cherries. Now, her whole family is engaged in the cherry business, overseeing 257 acres and 20,000 trees. The store sells various cherry goods, from sodas to jams, while Leisa champions sustainable practices to uplift local farmers.
RBI governor backs Tata Sons classification
New Delhi: RBI Governor Sanjay Malhotra on Friday justified the classification of Tata Sons as an upper-layer NBFC, saying that any large NBFCs or core investment companies that handle public funds or leverage a group's balance sheet need to be registered with the central bank and follow the requisite listing norms.Large NBFCs and core investment companies (CIC) like Tata Sons and others are required to be registered with the RBI because of the systemic risks, because they sit on top of group companies where they leverage funds and they use the balance sheets of the group companies to return those funds, he said at the NDTV World Summit.So, the funds of the public, whether it is through corporate bonds, banks and other means, that is at risk...so, it is for these reasons that these CICs, or NBFCs, are required to be registered, he said.CICs that do not have direct or indirect access to public funds are exempt from the registration requirement, he said.As long as it is an NBFC within our definition, it is a CIC, it has access to funds, direct or indirect, it's required to be registered, and if it is in the upper layer, then it is required to list, he said.Last month, the RBI rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, which will force a public listing of the holding company of the salt-to-software conglomerate Tata Group.This makes a public listing of Tata Sons imminent as it qualifies as an upper layer NBFC, which must mandatorily list on the stock exchanges.Tata Sons was placed in the upper layer in September 2022. It had applied in March 2024 to surrender its registration, and had repaid its debt in an effort to qualify for deregistration.The Tata Sons board has since moved ahead with steps linked to a possible public listing, while saying it will examine other options amid a deepening row within the conglomerate.Malhotra reaffirmed the central bank's primary objective is maintaining price stability with inflation targeting while supporting long-term economic growth.India's strong macroeconomic fundamentals continue to support economic activity, with high-frequency indicators pointing to resilient growth across sectors, he said.Inflation targeting remains a priority, along with growth, he said, adding that the RBI is committed to maintaining price stability while supporting the economy.He pointed to indicators such as cement and steel sales, credit growth, tax collections and automobile sales as evidence that economic momentum remains intact.According to the RBI governor, growth is broad-based, with activity holding up across several segments of the economy.The governor also said inflation remains within the RBI's tolerance band, although supply-side pressures, particularly from food and fuel, continue to pose challenges to the inflation outlook.He referred to an average inflation projection of 5.1 per cent for the current year, attributing the outlook to supply-side factors.On the rupee, Malhotra said the central bank is not targeting any particular exchange-rate level.Instead, he said, the RBI's focus is on ensuring orderly conditions in the foreign exchange market and managing volatility rather than defending a specific currency value.
IBM India leases 2.83 lakh sq ft office space in Bengaluru for 10 years
IBM India has leased an extensive office space at Radon tower in Bagmane Solarium City. The lease agreement spans over a decade, with estimated costs totaling Rs 522 crore. IBM will pay a monthly base rent of Rs 2.49 crore, subject to a 15% escalation every three years. Additionally, the company will incur fit-out costs over five years, approximately amounting to Rs 179 crore.
Income Tax Form 141 covers property sales, rent, contractor payments and more: Details here
Form 141 is intended to streamline TDS reporting and payment for transactions involving immovable property, rent, payments to contractors or professionals, and transfers of virtual digital assets (VDAs).
RBI revises bank leverage ratio norms, new framework effective April 2027
The RBI has revised leverage ratio norms for banks, setting minimum requirements of 4 per cent for D-SIBs and 3.5 per cent for others, with new rules effective April 1, 2027
India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group says
The British government said iconic UK products like whiskies would benefit from the pact. Indian investigators, however, have privately told companies the reduced rate does not apply to bulk Scotch concentrates, creating the first significant dispute over the free trade agreement since it took effect.
Indias warehouse leasing rises 26% as auto demand jumps 70%, institutional deals gather pace
Automobile manufacturers and logistics operators are driving Indias warehouse expansion as institutional investors pursue large property portfolios.
Data suggests broad-based increase in food prices: RBI Bulletin
Inflation in rural areas was found to be higher than in urban areas; headline CPIinflation edged up over the months and showed signsof greater generalisation across commodities
Questions raised over RBI policy after Rs 2.5 lakh crore liquidity infusion
In its report, SBI said the RBI had consistently signalled its commitment to monetary tightening through its policy resolution, the Governors statement and the minutes of the Monetary Policy Committee (MPC). The liquidity infusion through repo auctions, however, appeared difficult to reconcile with this approach.
Govt bonds log worst losing streak in 30 years as crude, US yields rise
Indian government bond yields rose for a tenth straight week as elevated crude prices and US yields weighed on sentiment, while forex reserves fell $65 billion over six weeks
Aditya Birla Real Estate eyes Rs 1,650 cr revenue from new project in Pune
Aditya Birla Real Estate Ltd has announced plans to develop a housing project in Pune. This initiative will generate an estimated revenue of Rs 1,650 crore through a Joint Development Agreement. The project, located in Hinjewadi, spans 5.62 acres and features a total saleable area of approximately 1.25 million sq ft. Birla Estates, a subsidiary of Aditya Birla Real Estate, will oversee the project development.
RBI's net dollar purchases hit record $43.26 billion in August: Bulletin
The RBI's net dollar purchases more than doubled to $43.26 billion in August, while its outstanding net short position in the forward market climbed to a record $200.06 billion
Couple turned first-date chilli oil into a business
Indian Economy Strengthened by Robust Fundamentals and Policy Interventions, Says RBI Bulletin
The RBIs October bulletin highlights Indias economic resilience amid global uncertainties, driven by strong fundamentals and policy measures. Indian Economy Strengthened by Robust Fundamentals and Policy Interventions, Says RBI Bulletin
Melania Trump brokers Russia-Ukraine ceasefire
Goa rationalises aviation turbine fuel VAT to 7% from October 24, IndiGo welcomes move
Goa's government has announced a 7% value-added tax on aviation turbine fuel, starting in October 2026. IndiGo has expressed support for this decision, encouraging other states to implement similar strategies. The airline believes this change will enhance air connectivity and support Goa's tourism industry. The notification alters the existing VAT rate under the Goa Value Added Tax Act of 2005.
Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.
Gen Z Poised To Lead AI And Green Tech Revolution
Telangana IT Minister D Sridhar Babu stated that Gen Z will be the driving force behind the next wave of AI and green innovation. He urged young innovators to use their skills to solve real-world challenges, particularly in sustainability. The launch of the Green Skills and Applied AI Centre of Excellence in Hyderabad, a partnership between Telangana's IT Ministry, Microsoft, 1M1B, and MeitY Startup Hub, aims to equip graduates with industry-relevant skills in AI, green pharma, solar energy, EVs, and wind energy, with 100 job offers already announced.
PLFS set for fresh overhaul, govt seeks public & expert opinion on upcoming new things
The National Statistics Office (NSO), which has conducted the PLFS since 2017, plans to introduce the modifications from January 2027, when fresh samples for the 2027-2028 two-year period, designated Panel 6, will be drawn using an updated sampling frame.
Satellite lights, Google searches cut state growth estimation errors by up to 62%: RBI study
RBI study indicates that combining night-time light data with Google search trends can improve state economic growth estimates. Researchers tested their model in Gujarat, Maharashtra, and Karnataka, showing significant reductions in forecasting errors. This framework could help provide timely economic insights, as state data is often delayed. Night-time illumination proved to be a strong predictor of Gross State Value Added growth.
PLFS to expand coverage of platform workers and unpaid work from January
The NSO plans a separate sampling stratum for digital platform workers and new questions on unpaid household work, caregiving and labour underutilisation in the PLFS from 2027
Dhanteras shopping: A complete guide to buying gold, diamond jewellery safely
A BIS hallmark provides information about the purity of the gold in a jewellery article. It does not, by itself, certify the quality, authenticity or origin of every diamond or gemstone set in the piece.
Indonesia's economy grows 5.45 percent, outperforming G20 peers
Siddarth Nandyala was just 14 when he decided to make a grand invention, one that can save lives. His app, the Circadian AI, can detect heart abnormalities within just seven seconds. During trials in India, the app detected more than 40 people with possible heart diseases.
Inflation stays high, growth slows, central bankers face a bigger challenge, says RBI Guv Malhotra
RBI Governor Sanjay Malhotra highlighted the challenges faced by central banks due to global uncertainties and supply chain issues. He noted the elevated global inflation and lower growth forecasts impacting monetary policy decisions worldwide. India entered this phase with strong macroeconomic fundamentals, maintaining growth at 7.8% despite rising inflation levels. The RBI's goal remains to achieve price stability while ensuring financial market order and health.
India eyes 30 million tonnes fish output in 5 years, seafood exports of Rs 1.25 lakh crore
India has initiated a national action plan for inland small-scale fisheries to increase fish production. The plan aims to achieve a target of 30 million tonnes over the next five years. It will focus on improving livelihoods and sustainability amid climate change challenges. Stakeholder consultations will be conducted to finalise the plan, which covers diverse aquatic ecosystems.
Food Processing Minister Chirag Paswan suggests India to shift from volume to value in rice
Focus must shift to processing, quality, branding, traceability, sustainability and value addition, says the Food Processing Industries Minister
Banks see 5.19 lakh crore deposit outflow, credit shrinks 2.52 lakh crore
Kolkata's banking sector faced a Rs 5.19 lakh crore withdrawal of deposits in the fortnight ending October 15. Credit outstanding also contracted by Rs 2.52 lakh crore during the same period. Consequently, credit growth decreased to 18.2% from 19.4% in the prior fortnight. Meanwhile, deposit growth recorded a decline to 16.7% compared to 17.8%. The overall outstanding deposits reached Rs 278.76 lakh crore and outstanding credit was Rs 227.
Navi Mumbai airport adds nine domestic destinations
The airport spokesperson said the new routes will improve access to important regional markets
Is H3 podcast over? Here's what to know
El Nino crisis: Telangana farmers demand 30,000 per acre compensation
Farmers demand white paper on water availability, crop insurance
Chennai-bound IndiGo flight returns to bay at Delhi airport after threat message
An IndiGo flight from Delhi to Chennai received a threat message before takeoff and returned to the bay. The Air Traffic Controller received a call alerting them about the threat concerning flight 6E 6091. A message was discovered in a lavatory instructing not to fly the aircraft. Following protocol, the plane was taken to an isolation bay for safety checks.
Avoid the online jewelry screenshot illusion: learn how to verify solid 14K gold, differentiate diamond types, and check material specs before you buy.
IIIT-Bangalore, Polands AGH University sign MoU for academic, research collaboration
The agreement covers joint research activities, development of academic programmes, exchange of academic materials and mobility opportunities for faculty members and students.
In a significant environmental initiative, New Jersey's Bureau of Marine Fisheries has installed approximately 6,000 tons of concrete reef structures as part of the Maher Terminals Reef project, located two miles offshore. While these artificial reefs are designed to bolster marine habitats, scientists continue to debate their effect on local fish populations. Continuous monitoring is essential to understand the ecological implications and ensure optimal marine management practices.
Ariana Grande revealed her chic jaw-length bob on October 22, 2026, a bold move in the beauty scene. Similarly, Billie Eilish showcased her new shorter locks, underscoring a celebrity hair trend this fall. The bob haircut's adaptability makes it a popular choice suitable for diverse hair textures and face shapes, proving its timeless appeal as it merges classic elegance with contemporary flair.
Indian economy anchored by solid macroeconomic fundamentals, policy interventions: RBI Bulletin
Digital Desk | New Delhi, Oct 23 (IANS) Navigating the global uncertainty, the Indian economy has been anchored by solid macroeconomic fundamentals and policy interventions to cushion downside risks, the Reserve Bank of India (RBI) said in its October 2026 issue of its monthly Bulletin on Friday, adding that the domestic economy continues to demonstrate strength as evidenced by high-frequency indicators across both industry and services. Despite being a net energy importer, GDP growth has been supported by sustained domestic demand and services. Headline CPI inflation edged up over the months and showed signs of greater generalisation across commodities, calling for a commensurate change in the monetary policy stance. The external headwinds are also being dealt with a slew of regulatory measures by the Reserve Bank to curb speculative activity in the foreign exchange market, the RBI Bulletin stressed. Strong inflows under the FCNR (B) swap window augmented reserves, while FDI, ECB, and remittance flows strengthened in August. With strong export growth, the trade deficit narrowed in September, it added. According to the monthly document, the headline Consumer Price Index (CPI) inflation edged up in September, driven by a broad-based increase in food, fuel, and core components. Double-digit growth in merchandise exports during the first six months of 2026-27 helped in narrowing the trade deficit. FDI, ECB, and remittance flows strengthened in August. Strong inflows under the FCNR(B) swap window augmented reserves, it said. On the supply side, manufacturing grew at a robust pace, while services activity strengthened further on the back of buoyant domestic and external demand. The kharif sowing concluded with total acreage above its normal level amidst a deficient and uneven southwest monsoon. After a depreciating bias till early October, the Indian rupee gained following the Reserve Banks measures to curb speculative activity in the forex market, said the Bulletin. External commercial borrowing (ECB) activity strengthened during April-August 2026, with both registrations and net inflows marking an improvement over the previous year. External sector vulnerability indicators remained contained, supported by adequate foreign exchange reserves, it added. The Indian economy has withstood the shocks well. The IMF raised Indias growth projection for 2026-27 by 60 basis points (bps) to 7.0 per cent, from its July estimate, citing stronger-than-expected momentum, driven by resilient domestic demand and robust services activity.
RBI tightens leverage ratio rules, keeps minimum capital thresholds unchanged
The RBI has tightened how banks calculate leverage by widening the measurement of derivatives, repo transactions and off-balance-sheet exposures, while retaining the minimum ratios at 4% for systemically important banks and 3.5% for others. The norms, effective April 1, 2027, also strengthen disclosure requirements and restrict the use of collateral and netting to reduce reported exposures.
Titan Company's luxury brand Zoya aims to reach 500 crore in revenue by FY27 as India's luxury jewellery market expands. It is targeting high-net-worth individuals who seek exclusive and unique jewellery pieces over traditional options. Zoya specialises in coloured gemstones, offering intricate craftsmanship and a range of prices to appeal to affluent consumers.
Oil prices extend rally to near six-month high amid Houthi attacks on Saudi Arabia
Brent crude futures touched an intraday high of $114.94 a barrel on Friday after Houthi attacks on Saudi Arabias civilian and energy infrastructure, with Indias crude basket averaging $120.08 so far this month; Adani Total Gas raised CNG prices by 4.45 per kg
Oil prices extend rally to near six-month high amid Houthi attacks on Saudi Arabia
Brent crude futures touched an intraday high of $114.94 a barrel on Friday after Houthi attacks on Saudi Arabias civilian and energy infrastructure, with Indias crude basket averaging $120.08 so far this month; Adani Total Gas raised CNG prices by 4.45 per kg
Adani Power CEO puts Q2 numbers in perspective, gives a peek into the road ahead
Adani Power CEO Khyalia said that the company remained focused on delivering reliable, high-quality electricity on schedule to meet Indias rising baseload requirements. Indias growing appetite for electricity is strengthening the case for thermal power, he added.
In the upcoming film Silaa, Harshvardhan Rane takes center stage as Virat, navigating love and danger in a gripping romance drama. Directed by Omung Kumar, this film promises a blend of intense emotions and exhilarating action. The first-look poster has already unveiled Rane's character, set against the exotic backdrops of Kashmir and Vietnam. Co-starring Sadia Khateeb, Silaa is anticipated to hit theaters on February 5, 2027.
Senior citizens can earn up to 8.5% interest on fixed deposits in October 2026. Small finance banks offer the highest rates, followed by private and public sector banks. Here is a comparison of top FD rates across banks for 1-year, 3-year, and 5-year tenures.
