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Users have begun reporting instances of broken inner displays in the new iPhone Duo model. Cracks are appearing near the hinge, causing concern about the device's durability. Some owners experienced damage after minimal use, with one individual reporting a crack after just six hours. Apple is currently analyzing reported cases to determine whether there is a manufacturing issue involved.
US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet
US stocks ended lower after a turbulent week as fresh doubts over the AI trade weighed on sentiment. The Dow fell 1.25%, while the S&P 500 and Nasdaq also declined. Investors turned their focus to major earnings from Alphabet, Microsoft and Amazon, along with next weeks Federal Reserve meeting.
Tata Motors CV posts Rs 2,138 crore Q2 profit
Tata Motors Ltd achieved a standalone net profit of 2,138 crore for the September quarter, reversing last year's loss. Revenue from operations rose significantly to 23,930 crore, up 42% from the previous year. Improved demand was driven by higher fleet utilization and industrial activity, according to managing director Girish Wagh. Consolidated profit also increased to 1,257 crore, aided by a drop in mark-to-market losses.
US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFA
Global data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand for AI services, BofA Global Research estimates. The data centre market could reach $2.93 trillion by 2030 as AI fuels rapid infrastructure expansion.
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.
Sebi eases call-recording mandate for research analysts dealing with funds
Market regulator Sebi on Friday eased the mandatory requirement for research analysts to maintain call recordings of their interactions with institutional investors to reduce compliance burden and improve ease of doing business. In a circular, the Securities and Exchange Board of India (Sebi) said research analysts and entities will no longer be mandatorily required to maintain call recordings of interactions with institutional investors. However, they will continue to be required to maintain records of their interactions with all clients, including prospective clients, through means such as signed physical records, emails, SMS messages, call recordings or any other legally verifiable method. The records are required to be maintained for five years. In cases where a dispute has been raised, the records will have to be preserved until its resolution. They also need to be retained if Sebi directs that specific records be preserved. The regulator clarified that call recordings are not
The Reserve Banks framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.
The new rules mandate strict leverage ratios from 1 April 2027 to strengthen balance-sheet resilience. The RBI turned down banks request for additional time to prepare.
Jio Platforms IPO rides institutional demand to 22.19 times subscription
QIBs bid 70.6 times the quota reserved for them; retail segment bought 2.7x
US Treasury yields rise but 10-year stays below 5% as AI jitters persist
US Treasury yields rise after a sharp drop in the previous session, but the benchmark 10 year yield stays below 5% as lingering AI market concerns keep investors cautious. Strong economic activity and sticky inflation remain key factors for bond markets, while expectations of a Federal Reserve rate hike next week weaken further.
Tumultuous week: Midcaps and smallcaps suffer worst losses in 20 months
Midcap and smallcap stocks posted their worst weekly losses in 20 months, falling 5.6% and 7.3%, respectively, as rising crude prices and geopolitical tensions rattled markets.
Stalled housing project, running EMIs: What are homebuyers' legal options?
Buyers must continue loan repayments despite construction delays, but can pursue refunds, compensation or legal action against builders
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
EAAA India Alternatives mops up Rs 360 crore from anchor investors; IPO opens on Oct 26
EAAA India Alternatives has successfully raised approximately Rs 360 crore from anchor investors prior to its IPO. This IPO is set to open for public subscription on October 26. The company will not receive any proceeds from the issue as it is an offer for sale. Prominent institutional investors and major domestic mutual fund houses participated in the anchor allocation.
Jio Platforms IPO draws record 7 lakh crore demand
Issue subscribed 22.2 times, with over 1.38 crore applications; QIB portion subscribed 70.55 times
Shriram Finance reported a 59.4% year-on-year rise in Q2 FY27 standalone profit to Rs 3,677 crore, driven by higher net interest income and lower funding costs. Assets under management grew 17%, while the board declared an interim dividend of Rs 6.50 per share.
SEBI eases call recording rules for research analysts
Records must be maintained for five years and, in cases involving disputes, preserved until their resolution
Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costs
Shree Cements September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue rose 24% and sales volumes increased 14%, but soaring fuel costs pressured profitability despite stronger premium product sales.
Jana Small Finance Bank Q2 profit jumps 127%, raises FY27 growth outlook
Jana Small Finance Bank reported a 127% year-on-year rise in Q2 profit to Rs 170 crore, supported by business growth, higher margins and improved gross asset quality. The bank raised its annual profit growth guidance to 100%, while loans and deposits expanded.
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.
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.
Net FDI at $3.3 billion in September 2026, positive for third consecutive month
FDI inflows exceeded outflows in seven out of the last eight months, a reversal of what occurred in the five months before that
Jindal Steel Q2 profit rises 21% as revenue hits record Rs 19,448 crore
Jindal Steels Q2 FY26 profit rose 21% year-on-year to Rs 771 crore, while revenue surged 44% to a record Rs 19,448 crore. Higher steel production and sales boosted earnings, while adjusted EBITDA grew 33% and net debt declined sequentially.
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.
BPCL Q2 Results: Net profit declines 21% YoY to Rs 4,863 crore, revenue grows 29%
BPCL reported a 21.45% year-on-year decline in Q2 FY27 profit to Rs 4,863.05 crore, despite 29.78% revenue growth. Sequential performance rebounded sharply from a quarterly loss, while the company approved a subsidiary for its proposed Andhra Pradesh refinery.
RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons
India's central bank governor said on Friday non-bank finance companies classified in the upper layer are required to list on the stock market, reiterating the Reserve Bank of India's stance on the listing of Tata Sons without commenting directly on the company.
Jio IPO breaks 12 records: Rs 4.5 lakh crore bids, highest applications and more
Mukesh Ambanis Jio Platforms IPO attracted bids exceeding Rs 4.5 lakh crore, setting 12 records, including over 1.25 crore applications. Institutional and retail participation surged, making it Indias largest public offering, with allotment expected October 26 and listing October 28.
Goa cuts ATF VAT to 7% from 15% effective October 24: Will flight fares drop? All you need to know
Aviation turbine fuel is one of the largest cost items for carriers. When a state lowers the tax on ATF, the tax component of fuel purchased at its airports falls.
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).
Airlines demand capacity proof as Adani Airport pushes Mumbai-Navi Mumbai shift
Airlines have asked Adani-run Mumbai airport to prove it must cut about 5 million passengers a year of capacity before moving some international flights to Navi Mumbai.
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.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank does not target any specific exchange rate or level for the rupee against the US dollar, stressing that its primary objective is to ensure orderly conditions in the foreign exchange market and prevent excessive volatility.
LuLu leases 62,035sq ft at Greater Noida mall for 15 years, with total rent nearing 51 crore
LuLu International Shopping Malls has leased 62,035 sq ft at I-Thums Galleria in Greater Noida for 15 years, with total rent nearing 51 crore. The deal comes as the UAE-based retailer targets 25 outlets across Delhi-NCR by 2030.
A division bench of Justices Rana Vikram Singh and Bibek Chaudhuri passed the order on October 9. Along with upholding the divorce, the court directed the husband to pay his estranged wife 36.25 lakh as permanent alimony.
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.
SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharply
SBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. However, corporate card spending declined, receivables contracted, and net interest margins narrowed.
US stocks today: US stocks open lower after AI rout; SpaceX worries hit telecoms
Wall Street's main indexes open lower as investors remain cautious after a sharp selloff in AI-linked stocks. Telecom shares also fall on concerns that intensifying competition from SpaceX could pressure market share. The Dow Jones, S&P 500 and Nasdaq all decline at the opening bell.
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.
Bharat Electronics among 4 Sensex stocks to hit 52-week lows; shares fall up to 9% in a month
Four Sensex stocks, including Bharat Electronics, NTPC, Power Grid Corporation and Hindustan Unilever, touched fresh 52-week lows on Friday as the benchmark index declined. The four stocks have fallen between about 6% and 9% over the past month, reflecting continued weakness in their share prices.
Dr Reddys Q2 Results: Net profit falls 36% YoY to Rs 913 crore, revenue declines marginally
Dr Reddys Laboratories reported a 36% year-on-year profit decline to Rs 913.4 crore in Q2 FY27, while revenue slipped 1.5%. North America weakness pressured performance, offset partly by growth in India and emerging markets, alongside biosimilar approvals and strategic partnerships.
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.
The 342-km Bengaluru-Vijayawada greenfield highway is part of the Bengaluru-Kadapa-Vijayawada Economic Corridor under Bharatmala Pariyojana Phase II. The six-lane, access-controlled road aims to improve connectivity between Karnataka and Andhra Pradesh.
JM Financial warns midcap and smallcap leadership may weaken as market breadth deteriorates sharply. Largecaps show early recovery signals, but investors should remain cautious. Nifty holding 22,000 could trigger a rebound; breaking below risks a fall towards 20,500.
The Income-tax Act, 2025, effective April 1, 2026, introduces Form 141 to consolidate four TDS forms. Applicable from Tax Year 202627, it covers specified property purchases, rent, contractor and professional payments, and virtual digital asset transfers. Here are the thresholds and filing rules.
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.
US Stock Market Live Updates: US stocks future edge lower after AI selloff, telecom slide
RBI issues final leverage ratio rules for banks
India's 10-year bond falls for 10th week in record slump
Indian government bonds have experienced their worst decline in thirty years, falling consecutively for ten weeks. Rising crude oil prices and a hawkish central bank stance have impacted the market negatively. The benchmark repo rate was recently raised to 5.5%, with further increases expected. The 2036 bond yield rose to 7.4740%, indicating a broader trend of increasing yields. These developments may significantly affect India's import bill and inflation outlook.
Infosys ADRs crash 6% after Q2 results as revenue guidance cut spooks investors
Infosys ADRs fell 6.3% after the company lowered FY27 revenue growth guidance to 1-2%, despite September-quarter revenue beating estimates. Profit missed expectations, while large deal wins and AI revenue growth offered support amid cautious technology spending.
India To Create 35 Crore Jobs By 2030
India's manufacturing and services sectors are set to create over 35 crore new jobs by 2030, necessitating urgent skilling and industry-academia collaboration. Key sectors like automotive, logistics, telecom, clean energy, and textiles will drive this growth, highlighting the need for competency-driven learning to prepare the workforce.
Indian equity markets fell for a fourth consecutive session, with the Nifty 50 closing at 22,600 and Sensex at 73,123.83. Small-cap, mid-cap and metal stocks slumped as bearish technical signals heightened concerns about further selling pressure.
Crude surge hammers markets; smallcaps near the brunt
The Nifty 50 closed 0.39% lower at 22,600, after hitting an intraday low of 22,372; Sensex fell 125.56 points to 73,123.83, after trading between 72,452 and 73,766
Jio Platforms has achieved a remarkable milestone, garnering over one crore applications for its upcoming initial public offering. This surge signifies a burgeoning interest from India's retail investors in technology sectors. With the IPO set to debut on October 28, maintaining this enthusiasm is crucial. The communication strategies employed mirror those found in consumer marketing, urging potential investors to evaluate their financial objectives carefully before engaging with the IPO.
Insurance regulation: Reform must strengthen the market, not weaken its foundations
Proposed changes to insurance commissions could reshape distribution, jobs and access to protection. Reform must be backed by evidence of lower costs and better consumer outcomes.
Markets Extend Losses Amid Selling Pressure, Oil Price Surge
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays may pressure technology stocks, utilities and power infrastructure companies, despite continued strong AI spending.
European corporate earnings outlook improves as energy profits surge
European corporate earnings growth is forecast to reach 21.9% in the third quarter, driven by soaring energy profits amid US-Iran war volatility. However, inflation risks, elevated oil prices and rising borrowing costs threaten investor confidence and market stability.
Real-time payments explained: How money moves between bank accounts in seconds
Real-time payments allow money to move between bank accounts within seconds, making transactions faster and more convenient for consumers and businesses. In India, systems such as UPI and IMPS enable instant transfers, while RTGS processes high-value payments in real time. Here is how these systems work, the technology that powers them, their benefits for businesses and customers, and the security challenges.
Rupee falls 12 paise to close at 94.93 against U.S. dollar
Forex traders said the rupee is likely to trade with a slight negative bias on global dollar strength and Brent crude prices hovering near $114 per barrel
The junction caters to over five lakh residents and is aimed at reducing traffic congestion on one of Greater Noida Wests busiest traffic corridors.
Rupee falls 12 paise to close at 94.93 against US dollar
The rupee opened at 94.78/$, fell to a intraday low of 94.98, and settled at 94.93 (provisional), down 12 paise from the previous close
Infosys Q2 net profit up 6.2% to Rs 7,823 crore
Indian IT major Infosys announced a 6.2 per cent increase in its consolidated net profit, reaching Rs 7,823 crore for the second quarter ending September 30, alongside a 10.2 per cent growth in revenue from operations.
Infosys dividend alert! IT major announces Rs 26 per share dividend. Check record date
Infosys has declared an interim dividend of Rs 26 per equity share for its shareholders. The record date for this dividend is set for November 3, with payment scheduled for November 11. This announcement follows a final dividend of Rs 25 per share declared in June.
Angel One rolls out US stock investing for investors
The company is rolling out the facility in phases, with access currently available to select users
After her belongings were delayed, damaged and partly lost during a Delhi-to-Nagaland move, Longchar sought compensation. The consumer commission held the movers deficient in service and rejected Urban Companys claim that it was merely an intermediary.
Smartphone Market in India Hits Decadal Low, Samsung Tops Q3 2026
India's smartphone market experienced a significant 20 per cent year-over-year decline in the third quarter of 2026, reaching its lowest level in a decade, primarily due to soaring memory chip prices that increased device costs. Samsung reclaimed the top position with a 17 per cent market share, while Chinese brands saw a decline in supplies.
Sensex, Nifty, Share Prices Highlights: The domestic stock market continued its downward trend on Friday, with benchmark indices Sensex and Nifty 50 closing in the red amid selling pressure across sectors, rising crude oil prices and weak global cues.
Infosys Q2 Results: Profit rises 6% YoY to Rs 7,823 crore; co lowers revenue guidance
Infosys Q2 Results: IT services major Infosys Ltd on Friday reported 6% year-on-year (YoY) growth in its consolidated net profit at Rs 7,823 crore in the second quarter. The same stood at Rs 7,364 crore in the year-ago period. The company has trimmed its revenue growth guidance to 1-2% in constant currency for FY27 as against 1.5-3% given earlier.
IndusInd Bank Q2 Results: Lender posts profit of Rs 1,176 crore vs Rs 445 crore loss a year ago
In the second quarter of this fiscal year, IndusInd Bank reported a standalone net profit of Rs 1,176 crore, showcasing a remarkable turnaround from a loss of Rs 445 crore in the same quarter last year. The bank's net interest income increased by 4% year-on-year to Rs 4,569 crore, driven by enhanced asset quality, while gross non-performing assets decreased to 2.73% of gross advances, indicating robust profitability and growth momentum.
Tata Motors CV Q2 Results: Co swings to black with Rs 1,254 crore profit; revenue jumps 37% YoY
Tata Motors CV Q2 Results: The improvement in profitability was driven by lower mark-to-market losses on investments in Tata Capital Ltd. The company reported a strong net cash position of Rs 15,900 crore as of September 30, 2026.
This state government has raised the Dearness Allowance (DA) from 45% to 50% for eligible employees. The additional DA will be paid with the October 2026 salary in November, while arrears from July 2023 and January 2024 to September 2026 will be paid separately as prescribed.
Investing 10,000 monthly in Post Office RD or PPF can help build long-term savings. Compare October-December 2026 interest rates, investment tenure, maturity, tax benefits and reinvestment requirements before choosing a scheme.
Rupee little changed this week as oil-fuelled declines wipe out early gains
The currency ended 0.1% lower for the day at 94.9400, after depreciating by 0.4% on Thursday. It was little changed for the week, after rising 1.4% last week.
Rupee little changed this week as oil-fueled declines wipe out early gains
The Indian rupee experienced a decline for the second day in a row as rising oil prices dampened market confidence. Following a brief uptick at the start of trading, the rupee ended lower against the US dollar. Brent crude prices have surged to a five-month peak, raising worries about energy supply interruptions. This led to a pullback from technology stocks as investors flocked towards safer investments like US Treasuries.
Banking liquidity surplus shrinks amid tax outflows, RBI intervention likely
India's banking system liquidity surplus has significantly narrowed due to tax outflows, including GST payments, and higher cash reserve ratio balances. This tightening liquidity has pushed the weighted average call rate closer to the RBI's marginal standing facility rate, with market participants anticipating a persistent deficit in the coming months.
NHB appoints forensic auditor for SRG Housing Finance
The National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of fictitious loan accounts worth 300400 crore, repayment record manipulation and possible fund diversion. The investigation will examine loan disbursements, borrower identities, asset classifications and fund usage, with findings potentially shaping regulatory action and the lenders financial outlook.
Bajaj Finserv says Deepak Reddy appointed as CEO designate of Bajaj General Insurance
Bajaj General Insurance has appointed Deepak Reddy as CEO designate from January 1, 2027. He will take over as managing director and CEO on April 1, 2027, subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI).
Central government employees await the July 2026 DA hike announcement. If DA rises from 60% to 61%, 62% or 63%, employees with a basic pay of 18,000 could receive 180, 360 or 540 more per month, respectively. Here is how the increase could affect different salary levels.
Global Market: Eurozone bond markets stabilise after volatile week
Eurozone government bonds stabilised after a volatile week as investors balanced sovereign debt concerns against safe-haven demand amid uncertainty over AI investments and global growth. French borrowing costs remain under pressure ahead of key central bank policy decisions.
BlueStone Jewellery stock plunges 13% as firm swings back to losses in Q2
BlueStone Jewellery shares remain 47 per cent higher on a year-to-date (YTD) basis and 27 per cent higher in six months. However, they are flat over the last year, having lost nearly 2 per cent.
Westlife Foodworld soars 20%; rebounds 24% from days' low post Q2 results
Q2 growth was broad-based across channels and regions, supported by the continued strength of the Company's value offerings, menu innovation and omnichannel convenience strategy.
PhonePe is offering 25,000 insurance cover against firecracker mishap amid the festive season. Here's how to avail the products; check details of premium payment for 30-day financial protection, and 11-day plan.
JSW Steel Q2 Results: Net profit rockets 225% YoY to Rs 5,279 crore; revenue rises 21%
JSW Steel Q2 Results: The metal majors revenue from operations increased nearly 21% YoY to Rs 54,486 crore during the quarter under review, from Rs 45,152 crore reported in the same period last year.
India's September crude oil imports jump over 16% month-on-month
Imports of oil products fell 0.8% in September from August, but were down about 40% from a year earlier
Adani Total Gas cites higher LNG cost, domestic supply cut for 4.45 per kg CNG prices hike
CNG at ATGL outlets in Ahmedabad now costs 98.47 per kg, while it is priced at 102.60 per kg in Faridabad, Haryana and 100 per kg in Jalandhar
Shree Cement rebounds, gains over 5% from day's low post Q2 results
Shree Cement on Friday reported a 15.2% YoY drop in Q2 consolidated net profit at 263 crore, while its revenue from operations grew by 23.9% YoY to 5,897 crore.
Adani Power Q2 Results: Profit zooms 134% YoY to Rs 6,919 crore; revenue jumps 45%
Adani Power has reported an impressive consolidated net profit of Rs 6,919 crore for the second quarter of FY27, which marks a striking 134% increase from last year's profit of Rs 2,953 crore during the same period. Additionally, their operational revenue surged to Rs 19,439 crore, representing a 45% growth from Rs 13,457 crore the previous year.
LPG under recovery rises to 327/cylinder in November: HPCL
Under recovery during March 31, 2026 and September 30, 2025 was around 12,798.67 crore and 14,240.64 crore, respectively
