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8th Pay Commission: What central government employees need to know about OPS, NPS and UPS

The 8th Pay Commission is hearing employee demands on pension reforms, including the restoration of OPS. Understand the differences between OPS, NPS and UPS, the government's stance on pension changes and what central government employees can expect next.

Livemint 17 Oct 2026 7:34 am

DA news: Key salary components explained We breakdown the differences between your DA, DR and HRA

Amid discussions over revisions for central government employee and pensioners' allowances and benefits, we breakdown difference between key salary components such as Dearness Allowance (DA), Dearness Relief (DR) and House Rent Allowance (HRA).  

Livemint 17 Oct 2026 7:30 am

Yes Bank to seek Supreme Court review of Rs 8,415 crore AT1 bond write-down verdict

The move would mark the next legal step for the lender after the apex court upheld the Bombay High Court judgment quashing the March 2020 write-down of the AT1 instruments issued by Yes Bank.

The Economic Times 17 Oct 2026 6:00 am

Brent crude hits $110 a barrel for first time since May as supply concerns mount

Diesel and gasoline futures also climbed as traders assessed geopolitical risks, disrupted energy infrastructure and limited prospects for immediate supply relief

The Hindu Businessline 17 Oct 2026 5:11 am

US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh

Wall Street ended sharply lower on Friday, with CoreWeave, Broadcom and other AI-related technology stocks under renewed pressure, while a jump in oil prices spooked traders heading into the weekend.The Nasdaq extended losses from earlier in the week, hammered by concerns that debt-laden AI infrastructure companies may not turn profits in time to repay debts, particularly with borrowing costs expected to rise.Nvidia-backed CoreWeave slumped, also adding to recent losses. The data center operator's bonds sold off sharply this week, pushing yields above 15%.Broadcom fell and the PHLX chip index fell for an eighth straight day.Investors on Friday were also watching oil prices jump more than 3% due to Middle East supply worries.There is some fear in the market, said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. High oil prices, in particular, tend to weigh on the price/earnings multiple of stocks, and so I think you have investors looking to be cautious into the weekend rather than take more risk.Adding to concerns around AI financing, some current Anthropic investors and prospective investors are weighing a lower valuation for the company in its upcoming IPO, Reuters reported, citing people familiar with the matter.According to preliminary data, the S&P 500 lost 85.44 points, or 1.10%, to end at 7,658.62 points, while the Nasdaq Composite lost 572.99 points, or 2.15%, to 26,137.85. The Dow Jones Industrial Average fell 189.01 points, or 0.36%, to 51,990.05.Third-quarter earnings season shifts into gear next week with reports from Tesla, Meta Platforms and Procter & Gamble. Analysts on average see quarterly earnings surging more than 30%, driven by AI-related megacaps, according to LSEG data.While the S&P 500 remains up about 12% in 2025, most of that gain has come from AI-related tech stocks, and the index's median component has climbed only about 6%, year to date. About 185 S&P 500 stocks have lost ground in 2025.Hotter-than-expected consumer and producer inflation reports this week showed price pressures were extending beyond energy commodities.Federal Reserve Chair Kevin Warsh on Friday voiced optimism about US economic strength and surprise about how well global economies have been hanging in there during a lingering energy shock and tighter monetary policy to fight inflation.Markets increasingly expect the Fed to keep interest rates unchanged this month. Barclays now expects 25-basis-point hikes each in December and January.Tesla dropped after the electric-vehicle maker unveiled a redesigned Roadster, powered by rocket-style thrusters, developed in collaboration with SpaceX.Netflix appointed former Disney executive Peter Rice as chief content officer on Thursday. Its shares dipped.

The Economic Times 17 Oct 2026 1:38 am

HSBC has used over half of $1-billion startup fund within a year: Global innovation banking head David Sabow

HSBC has deployed more than half of its $1 billion loan commitment to Indian startups within a year of launching its innovation banking platform. The British lender has reported strong demand across consumer technology, e-commerce and enterprise software, and is open to increasing its funding allocation. HSBC Global Head of Innovation Banking David Sabow said the bank expects to add at least 500 clients in India over the next year.

The Economic Times 17 Oct 2026 12:38 am

Motor insurers seek third-party premium deregulation, end to knock-for-knock pacts

In responses to the regulator's consultation paper on insurance distribution reforms, some industry participants said automobile manufacturers and dealers influence commissions, discounting and repair costs, which could blunt the impact of the proposed curbs on intermediary remuneration, according to people aware of the matter.

The Economic Times 17 Oct 2026 12:12 am

Indian IT stocks post best weekly gain in 18 years amid global AI sell-off

This comes as AI sell-off drives investors towards the country's software firms

Business Standard 17 Oct 2026 12:07 am

Insurance changes positive, give the companies time to adapt: Theodoros Kokkalas, ERGO International

Theodoros Kokkalas, chief operating officer of ERGO International said greater predictability would help insurers make long-term business plans. We make plans, and today making long-term plans is like science fiction in the dynamic environment that we live in, he said. While India's general insurance industry is struggling to bring its combined ratio below 100%, with the industry average at 110-115% and ERGO is targeting a ratio of 80-85%, Kokkalas said there was no standard timeline for a market to reach that level.

The Economic Times 17 Oct 2026 12:06 am

Sebi's IPO nod to Cult.fit, Eswari Global Metal, Sohan Lal Commodity

Zetwerk's IPO was subscribed 31% on Day 2, while the company raised 2,251 crore from anchor investors, including BlackRock and Goldman Sachs.

Business Standard 17 Oct 2026 12:01 am

Voluntary Provident Fund: Should you invest beyond EPF? Interest rates, tax rules and the 2.5 lakh limit explained

VPF allows salaried employees to invest beyond mandatory EPF contributions at the prevailing 8.25% interest rate. Understand the 2.5 lakh tax-free interest limit, tax on excess contributions and withdrawal rules before investing more for retirement.

Livemint 16 Oct 2026 11:44 pm

Chip selloff deepens Wall Street losses as doubts grew over AI returns

A significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 100 dropped by 1.8%, continuing its longest losing streak since 2008. Market participants are questioning if AI infrastructure investments will yield profitable returns despite strong demand for chips. Federal Reserve Chairman Kevin Warsh maintained a neutral stance on interest rates during discussions at the IMF meetings.

The Economic Times 16 Oct 2026 11:29 pm

Abakkus Flexi Cap Fund September portfolio: 35 stocks, including Groww and NTPC, see higher holdings

Abakkus Flexi Cap Fund raised its holdings in Groww, NTPC and HDFC Bank in September, added Zydus Lifesciences and exited Cyient DLM. It also trimmed positions in Divis Laboratories and Oracle Financial Services Software.

Livemint 16 Oct 2026 11:23 pm

A 30% salary hike or bedtime with his toddler? Parent's career dilemma sparks debate over the real cost of switching job

A 30% salary hike may look attractive, but tax, commuting and childcare costs can shrink the gain. An illustrative 18 lakh salary scenario shows how a 5.4 lakh raise could leave just 1.74 lakh in extra annual money.

Livemint 16 Oct 2026 10:34 pm

Forex Reserves Drop by $8.58 Billion to $726 Billion

India's foreign exchange reserves experienced a notable decline of USD 8.578 billion, settling at USD 726.027 billion for the week ending October 9, marking a continued downward trend from their September peak.

Rediff 16 Oct 2026 10:28 pm

RapidCanvas Raises $29 Million In Funding Round

AI-managed services firm RapidCanvas, with a significant employee base in India, announced on Friday that it has raised USD 29 million (approximately Rs 275 crore) in Series B funding. The round was led by Vertex Ventures SEA and India, with participation from Hitachi Ventures and existing investors. The company plans to use the funds to expand its go-to-market teams, partner network, and grow its employee base and engineering teams in India, the US, and Brazil, while also investing in product development.

Rediff 16 Oct 2026 10:09 pm

Karur Vysya Bank targets 18-20% credit growth in FY27, corporate lending capped at 20%

Karur Vysya Bank (KVB) aims for 18-20 percent growth in total advances for the fiscal year 2027. The bank focuses on retail, agriculture, and MSME lending, which constitutes 86 percent of its advances. Though corporate lending will be increased, high-value loans will be capped at 20 percent going forward. Gold loans are expected to see significant growth supported by lower borrowing costs.

The Economic Times 16 Oct 2026 9:52 pm

Yes Bank weighs next steps after SC upholds verdict on AT-1 bond write-down

Yes Bank is examining the Supreme Court ruling regarding the write-down of Additional Tier-1 bonds. The Supreme Court upheld a prior Bombay High Court decision that quashed the bank's March 2020 action. Following the judgment, the bank is considering its legal options and future steps. The Reserve Bank of India and Yes Bank had previously appealed the High Court's ruling.

The Economic Times 16 Oct 2026 9:52 pm

CoreWeave stock wipeout exposes divide between AI fear and greed

CoreWeave Inc. is navigating turbulent stock trends due to climbing bond yields and investor trepidation over its debt, raising fears of default. Although a temporary boost followed optimistic comments from Nvidia's CEO, the overall sentiment leans towards caution. Analysts believe that while funding needs are pressing, robust AI demand could mitigate rate worries. Furthermore, CoreWeave's alliance with Nvidia may be a vital source of financial support in these unpredictable conditions.

The Economic Times 16 Oct 2026 9:33 pm

Ahead of festival season, mutual funds halt fresh investments into gold FoF

Nearly 17 fund houses have stopped fresh investment in gold Fund of Funds (FoF) which in turn invests in MF schemes

The Hindu Businessline 16 Oct 2026 9:10 pm

Crompton Greaves Consumer Electricals Ltd Q2 Results: Profit surges 65% to Rs 124 crore

Crompton Greaves Consumer Electricals reported a 65 percent increase in consolidated net profit for the September quarter. The company's revenue from operations also jumped by 18.15 percent compared to the previous year. Significant revenue growth was achieved in the electric consumer durable segment, especially in fans and appliances. Overall, the company's total income surged by 18.24 percent in the same period.

The Economic Times 16 Oct 2026 9:03 pm

SC verdict on YES Bank AT1 bonds brings relief for mutual funds, retail investors

By reversing the administrators 2020 write-down of about 8,415 crore in AT1 securities, recovery now looks likely, prompting funds like Nippon India and Kotak Mahindra to pause new subscriptions

The Hindu Businessline 16 Oct 2026 7:53 pm

Cult.fit receives Sebi approval for proposed IPO

Cult.fit has received Sebi observations for its proposed IPO, comprising a fresh issue of up to Rs 950 crore and an offer for sale. Revenue rose 36.26% in FY26, while adjusted EBITDA margin improved significantly as fitness operations expanded nationwide.

The Economic Times 16 Oct 2026 7:32 pm

Gold FoFs halt fresh investments before Diwali: What investors can do

Several fund houses have suspended lump-sum purchases and new investment plans, while existing instalments and redemptions continue.

Business Standard 16 Oct 2026 7:31 pm

Mutual Funds Suspend Fresh Subscriptions in Gold FoFs

Over a dozen mutual fund houses in India have temporarily suspended fresh subscriptions in their gold fund of funds (FoFs) and gold-silver FoFs, a move believed to be influenced by directions from the Securities and Exchange Board of India (Sebi) ahead of the festive season.

Rediff 16 Oct 2026 7:30 pm

Q2 Results Highlights: Urban Companys loss widens; Bajaj Housing Finance PAT rises 18%; PNB, DLF, Oberoi, Crompton Greaves, Ujjivan SFB and Federal Bank post profit growth

Q2 Results Highlights, 16th October 2026: Stay tuned to get real-time market, business and financial news updates

The Hindu Businessline 16 Oct 2026 7:19 pm

US stocks: US market opens muted as tech jitters linger; Tesla gains

On Friday, Wall Street displayed a mixed performance as investors expressed apprehensions regarding the influence of the AI sector on semiconductor stocks.

The Economic Times 16 Oct 2026 7:15 pm

RBI approves merger of Emirates NBD's India branches with RBL Bank

The Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially take effect on December 1, 2026, according to the central bank's announcement. Emirates NBD Bank initially opened its first Indian branch in Mumbai in 2017, expanding later to Gurugram and Chennai. The Finance Ministry had previously approved Emirates NBD's acquisition of a significant stake in RBL Bank.

The Economic Times 16 Oct 2026 7:14 pm

DLF Q2 profit rises to Rs 1,301 crore as luxury project sells out

DLF reported a 11% year-on-year increase in July-September net profit to Rs 1,301 crore, with sales bookings reaching Rs 3,800 crore. Its Aureva luxury retirement project in Gurugram sold out, while the company maintained a strong net cash position.

The Economic Times 16 Oct 2026 7:10 pm

Ujjivan SFB to raise Rs 409 crore from IFC, three insurers

Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share. The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.

The Economic Times 16 Oct 2026 7:07 pm

Govt issues notification on PM CARES scholarship, spells out rules for children without Aadhaar

The government has notified Aadhaar verification rules for PM CARES for Children scholarship beneficiaries. Children cannot be denied benefits solely because authentication fails or they lack Aadhaar, subject to prescribed alternative identity-verification procedures.

Livemint 16 Oct 2026 6:41 pm

Federal Bank Q2 profit jumps 45% to record Rs 1,386 crore

Federal Bank posted record Q2 profit of Rs 1,386 crore, up 45% year-on-year, as net interest income climbed 26%. Advances grew 22% and deposits 19%, while asset quality improved, with gross NPAs declining to 1.32% during the September quarter.

The Economic Times 16 Oct 2026 6:39 pm

Crompton Greaves Q2 Results: Profit Surges 65% To Rs 124 Crore

The revenue growth was driven by double-digit growth in general trade, highest-ever quarterly sales in international business, said CGCEL in its earnings statement.

NDTV 16 Oct 2026 6:37 pm

PC Jeweller stock jumps 11% after Cupid promoter Halwasiya buys shares worth 70 cr

PC Jeweller had previously announced that it had cleared outstanding dues to all 14 consortium banks, eliminating debt of approximately 3,000 crore

The Hindu Businessline 16 Oct 2026 6:20 pm

Kotak Mahindra Bank among 5 stocks that hit 52-week highs & rallied up to 15% in a month

Five BSE 500 stocksShyam Metalics, PVR Inox, Kotak Mahindra Bank, Indian Hotels and Laurus Labshit fresh 52-week highs as the Sensex gained 413 points. All five stocks posted monthly gains of around 8% to 15%, signalling positive momentum.

The Economic Times 16 Oct 2026 5:56 pm

Aggressive RBI measures hand India bonds a ninth weekly loss

Indian government bonds have experienced ongoing losses for nine consecutive weeks due to RBI's monetary tightening measures. The benchmark 6.94% 2036 bond yield has climbed over 62 basis points during this period, reflecting investor concerns. Additionally, the RBI's commitment to support the rupee and manage liquidity has further dampened bond market sentiment. Market participants are wary of possible future actions regarding bond yields as the RBI addresses financial stability.

The Economic Times 16 Oct 2026 5:55 pm

LTM Q2 Results: PAT remains flat at Rs 1,380 crore; revenue rises 14% YoY; co declares Rs 25 per share dividend

LTM reported a marginal 0.1% decline in Q2 FY27 profit to Rs 1,379.9 crore, while revenue rose 13.6% to Rs 11,807.6 crore. Enterprise AI and Business AI revenue grew 47%, and the company declared an interim dividend of Rs 25.

The Economic Times 16 Oct 2026 5:53 pm

Indias forex reserves fall by $8.58 billion to $726.03 billion

The latest decline follows a $12.952 billion fall in the previous week, extending the downward trend from Septembers record high

The Hindu Businessline 16 Oct 2026 5:33 pm

DEE Development Engineers signs framework pact with domestic EPC firm for nuclear power sector

DEE Development Engineers Limited announced a framework agreement with a domestic engineering contractor for the nuclear power sector. This collaboration aims to strengthen its presence in various nuclear power projects across India. The focus will include comprehensive engineering support like design services, budgetary offers, and sourcing of essential components. Indian nuclear energy ambitions are driving the need for reliable engineering expertise and strict quality standards.

The Economic Times 16 Oct 2026 5:20 pm

India is fastest-growing polymer compound market, expected to grow to $16 bn by 2031: Crisil

Demand to be led by automotive, power cables, telecom cables, water pipelines, and oil & gas pipelines segments

The Hindu Businessline 16 Oct 2026 5:15 pm

Ray Dalios All Weather portfolio vs 60:40 portfolio: Which delivered better returns over 15 years in India?

Ray Dalios All Weather portfolio returned 9.9% annually over 15 years in India, compared with 10.4% for a 60:40 portfolio and 12% for the Nifty 500 TRI. However, it had lower volatility and a smaller peak-to-trough fall, highlighting the trade-off between returns and risk.

Livemint 16 Oct 2026 5:14 pm

IT lifts Nifty to second weekly gain as global AI rotation fuels tech rally

Nifty 50 closes at 23,146.15, up 148.80 points or 0.65% for the session, while Sensex ends at 74,729.27, adding 413.66 points

The Hindu Businessline 16 Oct 2026 5:04 pm

Brokers call: Swiggy (Buy)

Anand Rathi

The Hindu Businessline 16 Oct 2026 4:58 pm

Rupee rises 7 paise to close at 94.92 against U.S. dollar on RBI intervention

Elevated crude oil prices and foreign fund outflows capped the rupee's gains, according to forex traders

The Hindu 16 Oct 2026 4:54 pm

India's Polymer Market Set For Significant Growth

A Crisil report indicates that India is the world's fastest-growing polymer compound market, contributing 13% to the global industry. Driven by increased manufacturing in automotive, electronics, and infrastructure, the domestic sector is projected to reach USD 16.5 billion by FY2031, with significant demand from various pipeline and cable segments.

Rediff 16 Oct 2026 4:54 pm

Bajaj Housing Finance Q2 Results: PAT rises 18% YoY to Rs 757 crore, AUM grows 25%

Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore, while net interest income increased 10%. Assets under management grew 25% to Rs 1.58 lakh crore, with asset quality remaining largely stable.

The Economic Times 16 Oct 2026 4:52 pm

Federal Bank appoints Cognizants Rajesh Varrier as independent director

Federal Bank has appointed Rajesh Varrier as a non-executive independent director on its board. This decision follows the announcement of the bank's impressive financial results for the September quarter. Varrier previously served as president of global operations at Cognizant and brings extensive management experience. The bank reported a significant rise in net profit and net interest income in comparison to last year.

The Economic Times 16 Oct 2026 4:46 pm

Stock markets end higher for second day, led by strong buying in IT firms

The 30-share BSE Sensex climbed 413.66 points, or 0.56%, to settle at 74,729.27. During the day, it surged 463.17 points, or 0.62%, to 74,778.78

The Hindu 16 Oct 2026 4:41 pm

Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoY

Urban Company reported a net loss of Rs 182 crore in Q2FY27 as investments in its quick services business, InstaHelp, weighed on profitability. Revenue rose 41% year-on-year to Rs 537 crore, while orders grew 103%. The company also approved a fresh capital raise of up to Rs 2,500 crore, subject to shareholder approval.

The Economic Times 16 Oct 2026 4:39 pm

Aditya Birla Sun Life AMC launches two retail funds from GIFT City

The two offerings ABSL Emerging Market Equity Fund (Outbound) and ABSL India Growth Fund (Inbound) mark the subsidiarys initial retail product launch at the Gujarat International Finance Tec-City

The Hindu Businessline 16 Oct 2026 4:35 pm

Market wrap: Tech Mahindra, TCS, InterGlobe, BSE top gainers and losers on Nifty and Sensex on Friday

Indian equities extended gains as strong IT earnings lifted sentiment, with the Nifty rising 149 points to 23,146 and Sensex gaining 413 points. Tech Mahindra led advances, while broader markets slipped. Analysts flagged 23,000 as crucial for further upside.

The Economic Times 16 Oct 2026 4:34 pm

Rupee rises for sixth straight session to 94.92 against US dollar

The domestic currency extended its winning streak as central bank intervention supported sentiment, while oil prices and foreign investor selling remained concerns.

The Hindu Businessline 16 Oct 2026 4:26 pm

Missed a gold loan EMI? Know when your pledged jewellery is at risk Experts explain recovery process and auction rules

Missed a gold loan EMI? An overdue payment does not automatically mean your pledged jewellery will be auctioned. Understand the RBI framework, how lenders handle defaults, the notice process, and what borrowers can do to reclaim their gold before it is sold.

Livemint 16 Oct 2026 4:25 pm

Sensex today | Stock Market Highlights: Sensex gains 413 pts, Nifty ends at 23,146 led by strong buying in IT firms

Sensex, Nifty, Share Prices Highlights: Benchmark indices Sensex and Nifty closed higher for the second straight day on Friday, driven by strong buying in IT stocks amid firm global trends.

The Hindu Businessline 16 Oct 2026 4:11 pm

Rupee posts best week in seven months, fundamentals key for lasting turnaround

This week, the Indian rupee saw an impressive 2% increase, attributed to effective policy measures designed to alleviate short-term depreciation pressures. Despite the positive movement, analysts caution that a lasting recovery is contingent upon significant improvements in the overall economic landscape. Additionally, India's merchandise trade deficit climbed to $30.21 billion in September, prompting concerns among investors about the impact of frequent foreign exchange regulations on market stability.

The Economic Times 16 Oct 2026 4:04 pm

Bitcoin rebounds to $82,000 after briefly falling below $80,000 as inflation fears trigger $950 million in liquidations

Bitcoin recovered above $82,000 after briefly falling below $80,000 as hotter-than-expected US producer inflation intensified concerns over Federal Reserve rate hikes. Nearly $950 million in leveraged positions were liquidated, while spot Bitcoin ETFs recorded $261 million in outflows.

The Economic Times 16 Oct 2026 4:02 pm

Health insurance claim: 5 things to prepare before hospitalisation to avoid last-minute hassles

Prepare for a health insurance claim with 5 essential steps before hospitalisation. Check policy documents, identify network hospitals, organise medical records, understand coverage limits and maintain a claims folder to reduce paperwork hassles and better manage potential out-of-pocket expenses.

Livemint 16 Oct 2026 3:59 pm

Mahindra XUV 3XO ZNG: Where Power Meets CNG

Mahindra and Mahindra has officially expanded its popular compact SUV lineup with the launch of the Mahindra XUV 3XO ZNG, its first-ever mainstream CNG passenger vehicle at an introductory starting price of Rs 9.99 lakh (ex-showroom).

Rediff 16 Oct 2026 3:54 pm

Can a Rs 10,000 monthly SIP build a Rs 2 crore corpus? Check how long it may take

A Rs 10,000 monthly mutual fund SIP could build a Rs 2 crore corpus in 25 years and six months at 12% annual returns. Increasing contributions annually by 5% or 10% could shorten the timeline to 22 years and nine months or 20 years and one month, respectively.

The Economic Times 16 Oct 2026 3:51 pm

Yes Bank may take a blow in core capital ratio

The Economic Times 16 Oct 2026 3:47 pm

Motilal Oswal Mutual Fund: Kalyan Jewellers, MCX, Paytm among top 10 stock holdings in September

Motilal Oswal Mutual Fund held an AUM of Rs 1.70 lakh crore across 93 funds as of September 30, 2026. According to a report by Motilal Oswal Financial Services, One 97 Communications, Eternal, Kalyan Jewellers, MCX, and Sterlite Technologies featured among the fund house's top 10 equity portfolio holdings.

The Economic Times 16 Oct 2026 3:45 pm

IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAM

The strategic sale of IDBI Bank to Canadas Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI approval, DIPAM Secretary Arunish Chawla said. Fairfax will acquire a 60.72% stake from the government and LIC for about Rs 53,000 crore, in what the government described as a major step in the banks long-delayed privatisation.

The Economic Times 16 Oct 2026 3:33 pm

Yes Bank Q2 preview: Will strong profit, NII growth offer relief for investors amid AT-1 bond saga?

Yes Bank is expected to post a 48% YoY jump in Q2 net profit to Rs 969 crore, driven by robust loan growth and higher NII. However, investor focus remains on the Supreme Court ruling invalidating its Rs 8,415 crore AT-1 bond write-off, which has pressured the stock.

The Economic Times 16 Oct 2026 3:28 pm

Indonesia stocks, rupiah tumble as MSCI weighs market downgrade

Global index provider MSCI is contemplating downgrading Indonesia's stock market to standalone status. Such a reclassification could notably diminish Indonesia's appeal to global investors and alter its presence in international indexes. This year, Indonesia's share within MSCI's emerging markets index has dwindled. A downgrade would position Indonesia as the largest economy in this standalone category, inciting uncertainty for investment funds linked to MSCI indices.

The Economic Times 16 Oct 2026 3:25 pm

Laurus Labs shifts gears as CDMO emerges as key growth driver; Nuvama sees 24% upside

Nuvama Institutional Equities has initiated coverage on Laurus Labs with a Buy rating and a target price of Rs 2,520, implying a 24% upside from the current market price. The brokerage expects the drugmakers shift from its traditional anti-retroviral (ARV) business towards contract development and manufacturing (CDMO) to drive its next phase of growth.

The Economic Times 16 Oct 2026 3:22 pm

SBI hikes home loan interest rates: Higher EMI or longer tenure? Costs compared for 30, 50 lakh and 1 crore loans

SBI has raised its benchmark lending rates by 25 bps from 15 October 2026. Find out how the hike could affect EMIs and total interest on 30 lakh, 50 lakh, 80 lakh and 1 crore home loans, and how choosing a higher EMI instead of a longer tenure could help reduce borrowing costs.

Livemint 16 Oct 2026 3:20 pm

Global Market: European shares set for biggest weekly gain since August on earnings optimism

European shares climbed on Friday, with the STOXX 600 heading for its strongest weekly gain since August, supported by robust corporate earnings and stabilising technology stocks. Industrial stocks led advances, while investors monitored eurozone inflation data, elevated oil prices and artificial intelligence spending concerns for clues on monetary policy and growth.

The Economic Times 16 Oct 2026 3:19 pm

Indian Railways announces 3,548 graduate-level NTPC vacancies: Check eligibility, jobs, salaries and qualifications

Indian Railways has announced 3,548 graduate-level NTPC vacancies across four categories. Applications are open till 6 November 2026. Selection includes two computer-based tests, document verification and medical examination. 

Livemint 16 Oct 2026 3:19 pm

Indian Hotels, Oriental Hotels rally up to 6%; what's driving hotel stocks?

Hotels were impacted in Q1 by the US-Iran conflict; however, analysts at Axis Securities expect a strong Q2, supported by improving metro demand and the BRICS Summit.

Business Standard 16 Oct 2026 3:13 pm

Vedanta Power and Cupid among top 5 smallcap stocks that saw highest mutual fund buying in September

Five smallcap stocks saw the highest net buying by mutual funds in September, according to Motilal Oswal Financial Services. Cupid led the list, with a 337.7% month-on-month rise in value change, followed by Bharat Coking, Vedanta Power, Godawari Power and Natco Pharma.

The Economic Times 16 Oct 2026 2:52 pm

China's central bank to boost support for global investors in financial markets

China's central bank plans to improve access for global investors and issuers to its financial markets by strengthening cross-border financial connectivity, developing the offshore yuan market and promoting yuan-denominated bonds as globally recognised collateral.

The Economic Times 16 Oct 2026 2:51 pm

Ambani taps Reliance's 420,000 employees to boost Jio IPO participation

The conglomerate has reached out to staff across its group companies and encouraged them to open trading accounts, as Mukesh Ambani seeks to build interest in the proposed $3.2 billion listing

Business Standard 16 Oct 2026 2:48 pm

Are Indians investing more, or are asset-rich Indians getting richer? Zerodha's Nithin Kamath sparks debate online

India's financial assets have grown sharply since 2020, with mutual fund AUM, bank deposits, and equity holdings rising. But does this reflect wider market participation or growing wealth among existing investors? Zerodha's Nithin Kamath raises questions about who benefits.

Livemint 16 Oct 2026 2:48 pm

Retirement planning: Want to draw 50,000 monthly income? Here's how much you need to invest Maths explained

Retirement planning can combine savings with investments and systematic withdrawal plans to provide a regular income. Here's how you can ensure a 50,000 monthly income from your investment after retirement. 

Livemint 16 Oct 2026 2:48 pm

ICICI Bank Q2 Results Preview: PAT, NII may rise up to 21% YoY; margins, deposit growth in focus

ICICI Bank is expected to report 15.8-18% year-on-year growth in net interest income and 15-21% growth in profit after tax in Q2FY27, according to brokerage estimates. Investors will track net interest margins, loan and deposit growth, operating profitability and asset quality, with margin pressure and provisioning trends remaining key monitorables.

The Economic Times 16 Oct 2026 2:37 pm

IT stocks power Nifty above 23,100 in mid-session trade; aviation, FMCG drag

Information technology stocks continued to anchor the rally. Tech Mahindra was the top performer on the Nifty 50, surging 8.04 per cent to 1,782.60 after touching an intraday high of 1,797.00.

The Hindu Businessline 16 Oct 2026 2:37 pm

Mukesh Ambani taps massive Reliance workforce to boost Jios record IPO

Mukesh Ambani is mobilising Reliance Industries workforce to boost interest in Jio Platforms record IPO. The conglomerate has encouraged employees to consider investing, released October salaries early and set aside shares for eligible employees and Reliance shareholders.

The Economic Times 16 Oct 2026 2:33 pm

Indian bonds hang tight ahead of supply

Indian government bonds remained stable on Friday as traders contemplated the central bank's forthcoming policy moves. A noteworthy auction of 10-year bonds is on the horizon, anticipated to shed light on market demand and interest. Recent shifts in US Treasury yields have bolstered the Indian market. The Reserve Bank of India is fine-tuning financial conditions to cope with capital outflows and escalating shorting costs of the rupee.

The Economic Times 16 Oct 2026 2:31 pm

DMart share price hits over 3-year low; down 28% from April high

The stock price of DMart dipped 1.5% to 3,322.90 on Friday, quoting at its lowest level since March 2023. The stock slipped 9% in the past seven trading days.

Business Standard 16 Oct 2026 2:29 pm

Jio Platforms to launch 6G via software upgrades, eyes global market

Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.

Rediff 16 Oct 2026 2:29 pm

Lessons India Inc Can Learn From Tata Turmoil

'The larger lesson for India Inc is that promoter oversight and professional management are not inherently contradictory. The difficulty arises when the boundaries between the two are unclear.'

Rediff 16 Oct 2026 2:28 pm

Can you apply for a business credit card without having a business? Expert explains

Can you get a business credit card without owning a registered business? Freelancers, consultants and self-employed professionals may qualify, depending on the issuers eligibility criteria, proof of income, business activity and documentation requirements. Read on to know the complete rules. 

Livemint 16 Oct 2026 2:25 pm

Solara Active Pharma share price zooms 16% on Q2 turnaround; H1 net up 103x

Solara Active Pharma Sciences reported a consolidated net profit of 28.59 crore in Q2FY27 and 44.70 crore in H1FY27. It posted a loss of 9.29 crore in Q2FY26 and profit of 0.42 crore in H1FY26.

Business Standard 16 Oct 2026 2:25 pm

Gold, Silver rebound on softer Dollar and falling yields; domestic gains capped by Rupee strength

The recovery follows Thursdays rebound, which was supported by a decline in the 10-year US Treasury yield to a three-week low

The Hindu Businessline 16 Oct 2026 2:18 pm

Sebi's CAS rule change bigger positive for brokers vs exchanges: Jefferies

Jefferies said the decision to use the volume-weighted average price (VWAP) to calculate settlement prices of derivatives contracts on expiry days is a bigger positive for brokers than for exchanges.

Business Standard 16 Oct 2026 2:12 pm

YES Bank's comeback has a ghost problem

The Economic Times 16 Oct 2026 2:08 pm

Todays Gold Rate in India October 16: Gold prices steady in Delhi, Mumbai, Kolkata, Chennai, Bengaluru

22, 24 carat Gold prices remain steady across metro cities on October 16

The Hindu Businessline 16 Oct 2026 2:02 pm

Todays Gold Rate in India October 16: Gold prices steady in Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur

22, 24 carat Gold prices remain steady across other cities on October 16

The Hindu Businessline 16 Oct 2026 2:02 pm

'IPO Is Just The Start Of Jio's Journey'

'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'

Rediff 16 Oct 2026 2:00 pm