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US stocks: US market rebounds to close higher as surging Treasury yields recede
US stocks recovered from earlier losses, with the S&P 500 bouncing back after a global bond selloff. The Labor Department reported a dip in weekly initial jobless claims, indicating a solid labor market. Oil prices surged, raising inflation concerns as Brent crude settled significantly higher. Technology shares also showed strength, particularly after Accenture's positive revenue forecast.
Feds Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend on analyzing economic data trends and risks. Minneapolis Fed President Neel Kashkari expressed uncertainty regarding the timing of the next rate hike amidst strong economic performance. Both officials acknowledged the ongoing challenges of managing inflation that exceeds the 2% target.
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.
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.
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.
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
Experts highlight risks young investors should consider when using AI for investment decisions.
Two brothers jointly own a house, but one later buys the other's share and becomes the sole owner. The former co-owner moves out but continues to use the property's address on Aadhaar and bank records. Does this create any risk for the new owner? Experts explain.
Why are world bond markets selling off again?
As inflation fears and mounting debt pressure rise, government borrowing costs have soared to unprecedented levels. The US Treasury yield, now the highest since 2002, signifies a shift in global market dynamics. These increasing bond yields adversely affect loans for families and businesses, posing challenges for governmental finances. Intervention by central banks could be on the horizon to maintain fiscal order, especially with future artificial intelligence-related bond issues looming.
TCS to buy US retailer Best Buy's India GCC, develop an AI-native centre
Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre
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.
Global markets rattled as bond yields surge, offsetting AI-stock optimism
Global bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contributing to persistent inflation, while economic reports indicated US resilience despite challenges. The 10-year Treasury yield hovered near a 2002 high, raising concerns for real-estate stocks. Technology stocks demonstrated some strength, aided by Micron Technologys better-than-expected quarterly profit.
Accenture beats Q4 revenue guidance, projects 3-6% growth for FY27
Fourth-quarter revenue rose 6 per cent to $18.7 billion, beating guidance, while Accenture projected 3-6 per cent growth for FY27, offering some comfort to Indian IT firms
Indian firms defy market slump with record $25 bn equity fundraise in H1
Not only did equity fundraising jump 75% year-on-year in April-September, according to PRIME Database Group, but average listing gains also jumped to 19% from 7%.
Sebi revamps document verification system to curb fake letters and notices
Recipients can verify the origin of Sebi letters and notices by entering details including the subject, now a mandatory field; the check does not authenticate their contents
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.
RBI eases approval process for bank share acquisitions by MFs, insurers, pension funds
Mutual funds, insurance companies and pension funds can now obtain a one-time approval for subsequent acquisitions, rather than seeking the central bank's permission every time.
UPI volumes, value fall in September after MDR announcement
The UPI platform processed 24.07 billion transactions in September, down 1.8% from August. The value of transactions fell 1.5% to 29.4 lakh crore, according to data from the National Payments Corporation of India (NPCI), which operates the UPI platform.
Gopchade proposed establishing a dedicated policyholders protection framework, with separate arrangements for life and long-term insurance, as well as general insurance.
Homebuyers in Jaypee Wish Town, Noida, are frustrated over delays in possession of flats, despite occupancy certificates. They cite missing infrastructure and ongoing construction issues linked to Suraksha Group, responsible for completing unfinished projects by Jaypee Infratech Ltd.
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.
Centre launches auction of two offshore mineral blocks in Andaman Sea
The two blocks Sewell Rise-01 and West Sewell Ridge-01 lie in strategically important offshore areas, together spanning more than 1,632 square kilometres
Indias solar boom faces new US tariff challenge
Adani Group has Rs 2.6 lakh crore projects completed or under execution in Maharashtra: Pranav Adani
Adani Group has projects worth Rs 2.6 lakh crore completed or underway in Maharashtra, with its overall investment blueprint exceeding Rs 6 lakh crore. Investments span energy, aviation, data centres, urban redevelopment and transmission, alongside major Mumbai infrastructure projects.
Top Business & Market Headlines Today BL Morning Report, October 1, 2026
BL Morning Report October 1, 2026: Get todays top business news, market headlines about the Stock Market, Sensex & Nifty trends, key market insights, economic highlights, and the latest updates from India and global markets.
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.
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.
UK bank stocks slide as 30-year borrowing costs hit highest since 1998
NatWest, HSBC, Barclays and Lloyds fell sharply as a government bond sell-off pushed borrowing costs higher across Britain and Europe
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.
Petroleum ministry to intervene as private refiners cap diesel sales
The Centre will ask private fuel retailers Jio-bp and Nayara Energy to roll back recent diesel sales caps, reiterating that supply limits are not permitted, said petroleum secretary Neeraj Mittal.
Sindhuja raises 100 crore via NCDs; Carlsberg gets Sebi approval for IPO
Sindhuja Microcredit raised 100 crore through NCDs, while Carlsberg India received Sebi's observations for a 6,600 crore IPO involving a stake sale by its parent
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.
September fundraising highest for any month this year amid Nifty's big fall
Nifty falls 3.1% in holiday-shortened week, extending its losing streak to eight weeks as high US yields, rising crude and foreign outflows weigh on equities
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.
US stocks: US markets dip as surging Treasury yields overshadow software gains
Wall Street encountered a downturn as escalating Treasury yields affected investor confidence in high-priced stocks. Despite solid performance from the software sector buoyed by favorable earnings, the shadow of rising interest rates looms large. September saw the S&P 500 and Dow post monthly losses, while the Nasdaq thrived on AI optimism.
US stocks: US market opens higher as software strength offsets bond-market pressure
On Thursday morning, Wall Street's leading indexes surged right from the start, with software companies driving the market higher.
Anup Saha: Grounded operator, sharp with numbers
Sebi revamps Document Number Verification System, adds subject matter as mandatory field
Sebi has revamped its Document Number Verification System, making a letters subject matter mandatory for authentication. The upgraded system aligns with Sebis E-Office format and lets recipients verify physical letters, notices and show-cause notices issued by the regulator.
UK pound falls to three-month lows as investors fret over rates, oil
The pound has hit a three-month low against the dollar, triggered by mounting economic apprehensions. Investors are anxious about the effects of soaring oil prices and persistent inflation on market stability. The FTSE 100 index has notably declined, reflecting burdens in government borrowing. Prime Minister Andy Burnham and Chancellor John Healey confront escalating gilt yields.
UK 30-year gilt yields top 6% for the first time since 1998
British 30-year government bond yields have surged to their highest level since early 1998. This surge follows a significant increase in U.S. Treasury yields despite steadied oil prices. Short-dated gilt yields also rose sharply, reflecting concerns about the UK's fiscal vulnerabilities. Investors anticipate possible interest rate hikes by the Central Bank in November or December. The financial market is reacting to ongoing economic pressures like rising food and energy prices.
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.
RBI set for 5075 bps rate hike as Rupee, Oil and Global risks mount, says Bandhan Life
On equities, Bandhan Life flagged that elevated global uncertainty and firm valuations would make the Indian market increasingly stock-specific
ASK Investment Managers to acquire SageOne in 2,000 crore deal
SageOne founder Samit Vartak will reinvest in ASK and become Chief Investment Officer (Equities) for the combined investment management platform
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.
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.
RBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%
The Reserve Bank of India (RBI) on Thursday finalised its July proposal to simplify bank shareholding rules, allowing eligible mutual funds, insurance companies and pension funds to seek one-time approval for subsequent acquisitions of major shareholding of up to 10 per cent in the same bank.
Indian govt halves stock limit for traders to 100 tonne
The order will come into force from October 15 and will be valid till November 30
ACKO launches three products across motor, health and travel
Digital insurer ACKO has rolled out three innovative offerings designed for motor insurance, healthcare, and travel needs. The DriveCam is a cutting-edge dashcam that captures driving footage, boosting safety and providing critical evidence. ACKO Clinic enables Bengaluru residents to access healthcare services, including doctor consultations and health check-ups. Meanwhile, AirPass is a travel subscription service that assists domestic flyers in handling delays and cancellations, aiming to proactively engage customers.
Rupee, bonds face pressure as US Treasury yields rise and crude tops $100
The rupee fell 0.5 per cent to 96.31 per dollar, while the benchmark 10-year bond yield rose to 7.21 per cent as Brent crossed $100 a barrel ahead of the RBI policy meeting.
Disruption on supply routes driving up prices: Oil Minister
Puri pointed out that the global energy situation remains challenging, but the government is closely monitoring the situation
Sebi to make investor awareness messages mandatory on broker apps, sites
Market watchdog Sebi has asked stock brokers to display investor awareness messages on their websites and trading apps under its initiative Project Jagrook. This is part of Project Jagrook -- Sebi's nationwide investor awareness initiative -- and the upcoming World Investor Week 2026. From October 5 to 31, all stock brokers will be required to display the investor awareness message(s) shared by Sebi and the 'Risk disclosures' on their websites, the regulator said in its circular on Thursday. From November 1 onwards, they will be required to display the specified investor awareness messages on the landing page of their websites. Regarding trading apps, Sebi said all stock brokers may display the investor awareness messages on their trading apps on a voluntary basis from October 5 to October 31.During this period, if on any day, the stock broker chooses to display the specified investor awareness messages on its trading app, the display of the risk disclosures will be optional. Fr
Sikkim govt raises DA for employees and pensioners; 50,000 to benefit
The revised rates will take effect on January 1 and will apply to employees and pensioners covered under both the pre-revised and revised basic pay structures.
Inox Clean Energy IPO papers kept in abeyance by Sebi
The Securities and Exchange Board of India has temporarily suspended the draft offer documents for Inox Clean Energy's upcoming initial public offering. The company aims to raise a substantial Rs 10,000 crore, including new equity shares and a sell-off from its promoters. With operations in renewable energy and solar manufacturing across India and Africa, this IPO is set to bolster its position in the expanding green energy market.
Anup Bagchi has been appointed managing director and CEO of HDFC Bank, effective October 27, 2026. He transitions back to banking after a three-year stint at ICICI Prudential Life Insurance. Bagchi's extensive experience spans various roles in retail, corporate, and investment banking sectors. The Reserve Bank of India approved his appointment and he will also become an additional director at the bank.
Full Body Scanners Under Trial For Indian Airports
Aviation security watchdog BCAS is conducting trials of full body scanners at Bengaluru and Cochin airports. The trials aim to collect data to refine algorithms, addressing privacy concerns and ensuring the technology is suitable for Indian passengers before wider deployment across airports.
Sebi asks stock brokers to display investor warnings on apps and websites
Sebi orders stock brokers to display investor awareness messages on websites and trading apps under Project Jagrook. From November 1, apps must show Sebi messages and risk disclosures on alternate days, strengthening digital investor education and risk communication.
Carlsberg India IPO gets Sebi approval along with three other public offers. Check details
Indias IPO pipeline expands as Sebi clears papers for Carlsberg India, Matangi Rubber, Ujin Pharma and TMC Transformer. The approvals come amid strong primary-market activity, with over 50 companies filing draft IPO papers in September despite volatility in broader equity markets.
The gap indicates that although households continued to accumulate savings and investments, a growing share of the additional wealth was offset by higher borrowing. Consequently, net financial assets grew by just 6.8% in 2025, below the growth rate of gross financial assets.
India Inc's credit quality robust in H1FY27, global risks loom
The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.
HDFC Bank names ICICI veteran Anup Bagchi as MD & CEO
HDFC Bank appointed Anup Bagchi as Managing Director and CEO, following Reserve Bank of India's approval. Bagchi succeeds Sashidhar Jagdishan, whose tenure ends on October 26, 2023. He has over three decades of experience in financial services, primarily with ICICI Group. Bagchi's leadership positions include executive director at ICICI Bank and CEO at ICICI Prudential Life Insurance. His appointment reflects a thorough assessment of his experience across various banking sectors.
Bharat Dynamics among 5 capital goods stocks that hit 52-week lows and slipped up to 17% in a month
Five capital goods stocks hit fresh 52-week lows as Sensex tumbles
Global bond rout hoists benchmark Indian yield to mid-2024 high before RBI policy
A significant selloff in Indian government bonds occurred as global yields rose and inflation pressures heightened. The Indian benchmark 10-year yield reached its highest level since April 2024. Traders expect the Reserve Bank of India to announce a rate hike at its upcoming policy meeting next week. Additionally, concerns regarding excessive liquidity in the banking system have intensified amid upcoming bond issues.
NPS Diwas: PFRDA launches awareness drive for Sanchay pension scheme here's what you need to know
PFRDAs NPS Sanchay Pension Yatra will cover Delhi, Ahmedabad, Bengaluru, and Kolkata from 1-16 October. NPS Sanchay is designed to simplify retirement savings, with a predefined investment approach and flexible contribution options. Heres who can apply and how the scheme works.
Can Indias man-made fibre industry navigate the Iran war disruption?
The Iran crisis has sent oil costs into a wild swing, knocking up raw-material prices and shaking up Indias man-made fibre sceneand its knitwear supply chain too. Listen to know more...
Equities post eighth straight weekly loss as global headwinds intensify
The shortened trading week ended on Thursday, with the Sensex declining 570.59 points, or 0.79%, to close at 71,909.70, while the Nifty 50 fell 198.50 points, or 0.88%, to settle at 22,421.95
UPI hits 24 billion transactions in September; NPCI data shows 1.8% monthly dip amid MDR concerns
UPI transactions in September reached 24.07 billion, a 1.8% decline from August, but marked a 23% year-on-year growth. The total value was 29.37 lakh crore, with an 18% annual increase, while daily averages stood at 802 million transactions valued at 97,913 crore.
Infosys, Wipro ADRs soar up to 8% as strong Accenture earnings forecast lifts mood
Infosys and Wipro ADRs rallied in US premarket trading after Accenture forecast stronger-than-expected annual revenue growth. Its upbeat outlook eased concerns over global technology spending, while steady consulting, managed-services and AI demand improved sentiment toward Indian IT exporters.
Indian equities extended their decline as elevated crude oil prices and multi-year high bond yields intensified concerns over the 202627 economic outlook. Nifty fell 0.88% and Sensex 0.79%, while broader markets weakened and India VIX climbed sharply.
ICICI Bank gets 229 cr tax order for min balance
Accenture sets annual revenue forecast at 3-6%, above estimates
Accenture anticipates full-year revenue growth between 3% and 6%, exceeding analysts' estimates of 3.9%. In the fourth quarter, Accenture reported revenues of $18.68 billion, which surpassed analysts' projections of $18.03 billion.
Stock markets fall for fourth day on relentless foreign fund outflows; Sensex drops 570 points
Brent crude, the global oil benchmark, jumped 2.77% to $100.8 per barrel
Stock markets fall for fourth day on relentless foreign fund outflows; Sensex drops 570 points
Brent crude, the global oil benchmark, jumped 2.77% to $100.8 per barrel
Indian Markets Extend Losses Amid Global Headwinds
Indian benchmark indices, Sensex and Nifty, recorded their fourth consecutive day of losses, driven by relentless foreign institutional investor (FII) outflows, rising bond yields, and a significant surge in crude oil prices, impacting overall investor sentiment.
SEA, Mozambiques Nampula sign oilseed corridor pact as India eyes Africa for edible oil
Two sustainability organisations, Solidaridad Network Asia and Solidaridad Southern Africa, have joined as partners to make sure the corridor is built on fair terms for farmers and without clearing forests
Indias concert economy is expanding rapidly, but the experience goes beyond the performance. Traffic, parking, crowd management and last-mile connectivity remain key challenges, while organisers are increasingly exploring data, AI and better transport planning to manage large crowds.
Manufacturing Sector Sees Strongest Growth in 7 Months
India's manufacturing sector activity surged to a seven-month high in September, driven by a significant acceleration in new orders and output, leading to solid expansion in factory hiring and a four-month peak in business optimism.
Sensex, Nifty, Share Prices Highlights: Indian equities ended lower on Thursday, weighed by losses in auto stocks, while the rupee weakened to a two-month low against the dollar.
Bitcoin holds near $84,000 as strong ETF inflows support recovery, spot demand moderates
Bitcoin traded near $84,000 as institutional demand, ETF flows and softer US inflation data supported sentiment, while elevated Treasury yields and cautious spot demand limited gains. Analysts highlighted $82,000-$82,500 support and US jobs data as key near-term catalysts.
Kotak warns small and midcap euphoria may turn sour as investors chase quick returns
Indias stock market shows a sharp divide, with investors favouring small and midcaps despite stretched valuations while overlooking relatively attractive largecaps. Kotak Institutional Equities says price momentum and popular growth narratives are driving sentiment more than underlying value and fundamentals.
Eurozone factory growth hits four-year high in September on strong demand
Eurozone manufacturing growth accelerated to a four-year high of 52.9 in September, driven by robust demand for capital goods and rising exports. However, accelerating input costs and expected consumer inflation of 3.6% pose fresh risks, heightening market expectations of further rate increases by the European Central Bank.
Cybersecurity In The AI Era: Challenges And Solutions From Thales
Patrice Caine, Chairman and CEO of Thales, highlighted Artificial Intelligence as both a major cybersecurity challenge, accelerating attack speed and autonomy, and a crucial tool for defenders. He also warned about quantum computing's future threat to encrypted data. Thales introduced new AI-powered solutions like Luna 8 and CipherTrust DSPM at its Cyber Summit 2026 to combat these evolving threats.
PFRDA To Add 3 Crore NPS Subscribers Via NPS Tatkal
PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.
10 microcap stocks slumped up to 32% in just one month. Were they in your portfolio?
Several Nifty Microcap 250 stocks have faced steep declines over the past month, with 10 constituents falling 15-32%, highlighting the sharp correction beneath the indexs relatively muted performance.
Rupee drops to two-month low as global bond rout deepens, oil jumps
The Indian rupee fell to its weakest level in two months as global bond yields rose sharply. Oil prices soared past $100 per barrel, complicating the currency situation further. Investors are concerned about foreign portfolio outflows that are impacting the rupee adversely. Additionally, rising borrowing costs threaten government finances and could affect stocks negatively. A key US labor market report is set to be released soon.
PV inventory climbs as dealers prep for festivals
As India's festive season approaches, passenger vehicle dealers are seeing a notable increase in inventories, yet discounts remain surprisingly moderate compared to previous years, signalling a tighter demand-supply balance in the automotive market.
AMC stocks face rough waters; Kotak sees selective opportunities in SBI, HDFC AMC
Indian asset management companies are experiencing steady retail inflows, notably through Systematic Investment Plans. Kotak Institutional Equities suggests that future growth is closely tied to market recovery and continuous fund performance. Smaller AMCs are becoming more popular, whereas larger firms are pressured to deliver consistent results. For significant AMCs like SBI Funds Management, stable performance is crucial for sustaining profit growth.
