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Beyond Oil: How bioenergy investments can rebalance India-Russia trade

Russia now exports more than $60 billion worth of goods annually to India, primarily crude oil, petroleum products, coal, and fertilisers.

The Economic Times 16 Oct 2026 4:36 pm

Tonbo Imaging IPO Oversubscribed Nearly 7X On Day 2 So Far

Defence tech company Tonbo Imagings 852.1 Cr IPO continued to receive healthy investor interest on the second day of bidding.

inc42 16 Oct 2026 3:15 pm

DGT, MSDE Partners With Medhavi Skills University to Strengthen Industry-Linked ITI Training

Business Wire India MSU becomes the only university in India with an active Flexi-MoU course under the Directorate General of Training (DGT), Ministry of Skill Development & Entrepreneurship. The partnership integrates industry-led training, practical learning and recognised qualifications to strengthen pathways to employment. Medhavi Skills University (MSU), Sikkim, has signed a Memorandum of Understanding (MoU) [] The post DGT, MSDE Partners With Medhavi Skills University to Strengthen Industry-Linked ITI Training appeared first on Startup Success Stories India - News & Updates for Indian Entrepreneurs .

Startup Success Stories 16 Oct 2026 3:14 pm

High double-digit growth in engineering goods exports in September shows sector's resilience and global competitiveness: EEPC India

In September, India's exports of engineering goods soared to US$12.17 billion, indicating an impressive year-on-year growth. For the first half of the fiscal year, cumulative exports reached US$70.87 billion, reflecting a notable 19.7% increase.

The Economic Times 16 Oct 2026 3:10 pm

Zetwerk IPO Subscribed 27% On Day 2 So Far, QIB

B2B manufacturing company Zetwerks 5,012.3 Cr IPO was subscribed 27% on the second day of bidding today. Investors placed bids

inc42 16 Oct 2026 3:02 pm

Caparo Engineering India, Japans ANSCO and MISI partners to expand high-strength fastener business in India

Through this partnership, ANSCO will lend its technical expertise while MISI assists with supply and marketing strategies.

The Economic Times 16 Oct 2026 2:27 pm

TECNO Launches Aggressive 5G for the Festive Season With Spark 50s 5G at Rs. 19,999

Business Wire India TECNO today launched the SPARK 50s 5G in India, starting at Rs. 19,999. Rising memory prices have been pushing entry-level 5G phones further out of reach, and SPARK 50s 5G is TECNOs answer to that. It brings dependable 5G, a fresh new look and a battery that lasts all day to the [] The post TECNO Launches Aggressive 5G for the Festive Season With Spark 50s 5G at Rs. 19,999 appeared first on Startup Success Stories India - News & Updates for Indian Entrepreneurs .

Startup Success Stories 16 Oct 2026 1:55 pm

NABARD Supports 21-Day Livelihood and Enterprise Development Programme for 60 SHG Women in Delhi

The programme aims to empower SHG women by enhancing their skills, promoting entrepreneurship and creating sustainable livelihood opportunities.

The Economic Times 16 Oct 2026 11:28 am

Nagpurs industrial push gains momentum, but MSMEs face rising power costs and land hurdles

With major industrial investments taking shape across Vidarbha, industry stakeholders believe Nagpur has an opportunity to emerge as a diversified manufacturing and technology centre.

The Economic Times 16 Oct 2026 11:14 am

GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEs

The success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance refund timelines, and provide increased consistency in tax administration.

The Economic Times 16 Oct 2026 10:52 am

Even Benchmark thinks AI is eroding the venture pact against backing rivals

Benchmark says the Valleys rule against backing rivals is getting harder to keep.

TechCrunch 16 Oct 2026 10:46 am

Turning waste into value: How Anytech Hughes plans to turn carbon capture into a revenue stream for Indian industry

Anytech Hughesis adapting Koreas commercially proven mineralisation technology to help Indian heavy industries turn carbon capture into a self-sustaining process.

The Economic Times 16 Oct 2026 10:08 am

Logitech starts manufacturing in India, begins with webcams, pointing devices

The production will focus on high-demand workspace products and follow a structured expansion roadmap.

The Economic Times 16 Oct 2026 9:59 am

ReNew CEO warns China reliance puts energy transition at risk

China's dominance in solar panel production, controlling approximately 90%, poses risks to the global transition towards renewable energy and its supply chains. The International Energy Agency points out China's crucial role in providing clean energy technology and rare earth materials. Sumant Sinha at ReNew Energy Global stresses the urgency for nations to broaden their supply chains.

The Economic Times 16 Oct 2026 9:57 am

Shop Pay

Shopifys India Checkout Bet Shopify is preparing to bring Shop Pay to India. Setting up a direct clash with domestic

inc42 16 Oct 2026 8:00 am

Tesla reveals SpaceX-powered Roadster that flies and falls with style

The new car used thrusters to leap over a Cybercab, Cybertruck, Tesla Semi, Model Y, and Model 3 at a demo in Texas.

TechCrunch 16 Oct 2026 6:47 am

When it came to Cal AI

The company generated over $30 million in revenue in two years and was acquired by MyFitnessPal for an undisclosed amount of money in March.

TechCrunch 16 Oct 2026 5:14 am

Indias AI-native startups enter faster growth phase as AI model costs fall: AWS

Falling token costs and greater access to AI capabilities are helping startups move faster from experimentation to commercial deployment, AWS said

The Hindu Businessline 16 Oct 2026 5:09 am

And the winner of Startup Battlefield at Disrupt 2026 is: Intero Biosystems

Intero Biosystems beat out 199 other Startup Battlefield companies to take home the $100,000 grand prize at TechCrunch Disrupt 2026.

TechCrunch 16 Oct 2026 5:03 am

Amazon devices chief Panos Panay on the importance of failure and bouncing back from it

Panay said that it's possible to recover and learn from all sorts of failures, even catastrophic ones, when building products.

TechCrunch 16 Oct 2026 2:08 am

Meta launches an open-weight AI model that runs on Macs

Meta and Apple have teamed up for the launch of the social media giant's newest model, Muse Spark Open, which will run locally on Apple silicon.

TechCrunch 16 Oct 2026 1:34 am

Amazon devices chief Panos Panay sees a future where AI devices replace the need to use apps

Speaking at TechCrunch Disrupt, Amazon devices chief Panos Panay described a future where ambient AI devices work in the background, anticipating users' needs instead of waiting for commands.

TechCrunch 16 Oct 2026 1:25 am

Anthropic is letting METR researchers look under the hood with employee-level access

METR will publish its own assessments of Anthropics risks, incidents, and practices, and the frontier AI model maker has given up the right to block them.

TechCrunch 16 Oct 2026 12:44 am

Bluesky expands its AI-powered Attie app to let anyone build websites, games, and more

Bluesky is bringing social vibe coding to its experimental Attie platform, allowing users to create interactive experiences like games, quizzes, and websites that can tap into the social network's audience.

TechCrunch 16 Oct 2026 12:26 am

Last chance to save up to $200 on your TechCrunch Founder Summit pass: Early booking ends October 16

Savings of up to $200 end October 16 for TechCrunch Founder Summit. These savings for Founder and Investor Passes vanish after Friday. Join 1,000 founders and investors on November 4 at Bostons SoWa Power Station. Bring your toughest questions and make the day count for your business.

TechCrunch 15 Oct 2026 11:30 pm

Volvo makes a bigger bet on Nvidia

Volvo is leveling up its automated driving system through an expansion of its nearly decade-long partnership with Nvidia that will extend beyond its battery electric vehicles.

TechCrunch 15 Oct 2026 11:04 pm

SK Hynix bargains for chip equipment exports to its China facility in return for building a factory in US

SK Hynixs Solidigm is reportedly seeking U.S. approval to send more chipmaking equipment to China as it weighs building a new NAND chip factory in America.

TechCrunch 15 Oct 2026 10:15 pm

AI agents are coming to Rivian

We'll likely learn more about how this will work at the company's upcoming AI & Autonomy Day event in December.

TechCrunch 15 Oct 2026 8:32 pm

Ramp reaches $60B valuation as it pushes deeper into AI

The funding comes as Ramp's annualized revenue crosses $2B, and its customer count reaches 85,000.

TechCrunch 15 Oct 2026 8:17 pm

TechCrunch Disrupt 2026: Last day

Last day to join TechCrunch Disrupt 2026. Join 10,000+ tech leaders for a day of connections and insights. Save 75% on your pass now.

TechCrunch 15 Oct 2026 7:30 pm

Fairfax Proposes To Transfer Go Digit Stake To IDBI Bank

Canadian investor Fairfax Financial Holdings has proposed transferring all its interests in insurtech company Go Digit General Insurance and its

inc42 15 Oct 2026 3:27 pm

Children Salute Indian Army Soldiers With Love and Respect

For these little ones, saluting the Indian Army comes naturally. ���� Every time they see the soldiers, their tiny hands rise in a heartfelt gesture of respect and admiration for the brave men and women in uniform.

The Times of India 15 Oct 2026 3:25 pm

Ankita Bhandaris Parents Detained During India Gate Protest

Watch | Ankita Bhandaris parents, along with opposition leaders and other protesters, were detained by Delhi Police at India Gate following an overnight protest.They are demanding that the proposed appointment of BJP leader Dushyant Kumar Gautam as Sikkim Governor be put on hold until the ongoing CBI probe into Ankita Bhandaris murder is completed.Her father, Virendra Singh Bhandari, warned that nationwide protests would resume if the appointment was not cancelled within 24 hours. The parents were released around 5 am on Thursday, October 15, 2026.

The Times of India 15 Oct 2026 3:25 pm

Actor Imran Khan to move Bombay High Court against notice asking him to leave India

Actor Imran Khan will challenge the notice asking him to leave the country in the Bombay High Court, his lawyer said, according to PTI. His lawyer also stated that the rules do not prohibit Overseas Citizen...

India TV 15 Oct 2026 3:25 pm

India, U.S. trade pact to be operationalised once India gets competitive advantage: Goyal

Piyush Goyal said that the free trade agreement between India and the European Union will be inked in December and will come into force from February or March next year.

The Hindu 15 Oct 2026 3:23 pm

What Does Indian Design Mean Today? A Creative Director Explains

Open a jewellery box in almost any Indian home and it holds more than metal and stone. A pair of earrings can carry the memory of a region, a craft that took years to learn, or an architectural detail someone once

Boldsky 15 Oct 2026 3:19 pm

Russia demonstrated its unmanned tank Shturm at Tsentr-2026; check what is Indian Army plan for T-72 tanks

Russia has demonstrated its Shturm unmanned assault tank at the Tsentr-2026 military exercise for battlefield applications. Meanwhile, India is working on converting its T-72 tanks into remotely operated platforms under the ADITI 4.0 initiative. The unmanned tanks aim to keep personnel out of harm's way during high-risk missions in combat scenarios. This initiative seeks to integrate crewed and uncrewed systems for enhanced operational effectiveness.

The Economic Times 15 Oct 2026 3:18 pm

Centre Directs Telcos To Display Caller Names From November 1

The Ministry Of Communications Department of Telecommunications (DoT) has directed telecom operators to roll out calling name presentations (CNAP) across

inc42 15 Oct 2026 3:14 pm

Is Indias voter roll revision process excluding genuine voters? | The Hindu Editorial

The Election Commissions Special Intensive Revision (SIR) of electoral rolls has come under intense scrutiny amid allegations that the process relies on arbitrary criteria that could disproportionately affect certain communities. Questions have been raised over the use of logical discrepancies to flag voters, the role of automated scrutiny, voter deletions in multiple states and the impact on electoral inclusion. With petitions already before the Supreme Court, the debate now centres on whether the process strengthens electoral integrity or risks disenfranchising legitimate voters. This editorial examines the data, the controversies and the legal questions surrounding the SIR process.

The Hindu 15 Oct 2026 3:14 pm

Caller Names To Appear On Phones From November 1: What India

From November 1, 2026, telecom operators must display caller names by default on 4G and newer networks, with privacy safeguards and exemptions for users who restrict caller identification.

The LogicaI Indian 15 Oct 2026 3:13 pm

Canadian billionaire and Asian banking titans find 1.32 lakh crore worth of interest in India

In recent months, foreign investment in Indias financial sector has grown significantly, resulting in major acquisitions. Fairfax Financial Holdings secured a large stake in IDBI Bank, while Mitsubishi UFJ Financial Group poured resources into Shriram Finance. Additionally, Emirates NBD established a notable presence in RBL Bank. Such initiatives promise to alter the competitive dynamics and improve service capabilities in the Indian banking sector.

The Economic Times 15 Oct 2026 3:12 pm

India's exports up 23% to $44.4 billion in Sep; trade deficit narrows to $30.21 billion

The country's imports rose by 8 per cent to $74.61 billion in September.

The Hindu Businessline 15 Oct 2026 3:11 pm

How India's agricultural damage flags gap between climate warnings and adaptation finance ahead of COP31

High temperatures continue to impact Indian agriculture, leading to decreased crop yields and poor germination rates. Farmers report significant losses in banana production and vegetable crops like okra and gourd. Experts warn about the increasing unpredictability of climate events affecting food security and farming practices. There is a call for greater climate adaptation finance and improved forecasting measures to address these challenges.

The Economic Times 15 Oct 2026 3:10 pm

Air India looks to rejig contracts, insource services

Calls for staff suggestions on ways and means to save costs

The Hindu Businessline 15 Oct 2026 3:10 pm

India's trade deficit widens to $30.21 bn in Sep from $26.86 bn in August

Merchandise exports jumped 23 per cent year-on-year to a four-month high of $44.40 billion, while imports rose nearly 11 per cent to $74.61 billion

Business Standard 15 Oct 2026 3:09 pm

AI Startups To Watch: 5 Startups That Caught Our Eye In October

Indias AI story is moving beyond the model. Until last year, the big question in Indian boardrooms was which large

inc42 15 Oct 2026 3:07 pm

PepsiCo warns energy drink ban could dry up India supplies as Red Bull sells on

The company says restrictions on manufacturing drinks under the energy drink label threaten supplies, while competitors continue to seek regulatory relief

The Hindu Businessline 15 Oct 2026 3:06 pm

India, Southeast Asia lead APAC office expansion as firms prioritise portfolio resilience and future readiness

India and Southeast Asia stand out as the most growth-orientated cluster across the Asia Pacific region, with occupiers prioritising portfolio resilience, talent acquisition, and future-ready facilities. The shift comes as corporate workplace models broadly stabilise into office-centric structures. According to the 2027 Colliers Asia Pacific Workplace Insights report, 82 per cent of surveyed organisations across the region now operate office-centric models. Furthermore, 80 per cent of occupiers project no meaningful changes to their established workplace policies over the coming 12 months. Corporate real estate strategies reflect a sustained demand for physical offices primarily driven by productivity and business performance, followed by collaboration and innovation. Within the regional landscape, occupiers across India and Southeast Asia demonstrate an active commitment to business development despite broader geopolitical risks. Approximately 34 per cent of organisations within this...

devdiscourse 15 Oct 2026 3:04 pm

Indian Bank Q2 net profit rises 15% to 3,462 cr

The banks gross NPAs moderated to 1.61% of gross advances at the end of September 2026 compared to 2.6% a year ago.

The Hindu Businessline 15 Oct 2026 3:04 pm

Rolls-Royce welcomes U.K. trade deal, but India price impact remains uncertain

At Chennai showroom launch, global sales chief Julian Jenkins says the company is assessing the FTAs implications; carmaker expects continued growth in India after four years of double-digit expansion

The Hindu 15 Oct 2026 3:02 pm

Tinder and Sprite Launch Co-Branded Can at the Heart of Truth and Spice, Turning up the Heat on Spicy Dates, Spicy Food and Real Chemistry

Business Wire India Spicy food and spicy relationships have more in common than you might think: both are better with chemistry, a little unpredictability and just the right amount of heat. Bringing these two worlds together, Tinder and Sprite have partnered on a new collaboration that puts their shared love of heat on-pack with a [] The post Tinder and Sprite Launch Co-Branded Can at the Heart of Truth and Spice, Turning up the Heat on Spicy Dates, Spicy Food and Real Chemistry appeared first on Startup Success Stories India - News & Updates for Indian Entrepreneurs .

Startup Success Stories 15 Oct 2026 3:01 pm

iPhone Duo Pre-Orders Live Tomorrow in India: Pricing, Offers, and Specs

Apples first foldable smartphone, the iPhone Duo, is set to open for pre-orders in India on Friday, Oct 16, at 5:30 PM IST. Marked as Apples most premium smartphone release to date, the device starts at Rs 2,99,900 for the base 256GB model and scales up to Rs 4,49,900 for the top-tier 2TB variant. Official [] The post iPhone Duo Pre-Orders Live Tomorrow in India: Pricing, Offers, and Specs appeared first on Pragativadi I Latest Odisha News in English I Breaking News .

Pragativadi 15 Oct 2026 3:00 pm

MEA flags growing acist hostility, anti-India hate in US after Illinois temple shooting plot

The Ministry of External Affairs (MEA) on Wednesday expressed concern over an alleged plot to carry out a mass shooting at a Hindu temple in Aurora, Illinois, saying the incident adds to growing concerns over acist hostility and anti-India hate in the United States and calling for decisive action to ensure the safety of the Indian community there. In response to media queries regarding the alleged incident, MEA spokesperson Randhir Jaiswal said the reported anti-Hindu and racist nature of the plot, including references to violence against people of Indian origin, was particularly disturbing. We are deeply concerned by reports of an alleged plot to carry out a mass shooting targeting a Hindu temple in the Aurora area of Illinois. The reported anti-Hindu and racist nature of the alleged plot, including references to violence against people of Indian origin, is particularly disturbing, Jaiswal said. The spokesperson said India had taken note of the action taken by US law enforcement...

devdiscourse 15 Oct 2026 2:58 pm

Indian-origin Australian official denied bail in Canberra stalking case

Indian-origin Australian official denied bail in Canberra stalking case

India Today 15 Oct 2026 2:52 pm

Actor Imran Khan to move Bombay HC against order to leave India

Actor Imran Khan has approached the Bombay High Court against an order for his deportation from India. The order was issued after his participation in a protest supporting the Cockroach Janata Party. BJP leader Kirit Somaiya filed a complaint to the Mumbai Police regarding Khans actions. As an Overseas Citizen of India, Khan is subject to specific rules and regulations.

The Times of India 15 Oct 2026 2:50 pm

India, US lock first phase of trade pact; legal drafting underway: Piyush Goyal

Commerce and Industry Minister Piyush Goyal announced the finalization of the first phase of the India-US trade pact. This phase is currently undergoing legal drafting, with hopes for quick finalization and operationalization. He emphasized the need for India to secure a competitive advantage over its peer countries before implementation. Additionally, Goyal stated the free trade agreement with the European Union will be signed in December.

The Economic Times 15 Oct 2026 2:49 pm

Air India sets up panel to identify cost-saving opportunities across units

Air India has set up a dedicated team to identify cost-saving opportunities and tightened spending approvals as CEO Tewolde Gebremariam pushes for greater accountability amid rising costs

Business Standard 15 Oct 2026 2:49 pm

India decries US temple mass shooting plot: 'Adds to concern over racist hostility, anti-India hate'

India decries US temple mass shooting plot: 'Adds to concern over racist hostility, anti-India hate'. More to follow...

India TV 15 Oct 2026 2:48 pm

Consistent with good practices: IMF defends India's revised GDP calculation

The International Monetary Fund has recognized India's updated approach to measuring gross domestic product, commending the Ministry of Statistics and Programme Implementation for enhancing GDP metrics. Amid strong economic performance and rising domestic demand, the IMF has also revised its growth predictions for India. Currency fluctuations were acknowledged; however, Srinivasan clarified they do not indicate any economic frailty.

The Times of India 15 Oct 2026 2:47 pm

India's exports rise 23% to $44.4 bn in September, trade deficit narrows

India's exports increased by 23 per cent to USD 44.4 billion in September, and the trade deficit narrowed to USD 30.21 billion, government data released on Thursday said. The country's imports rose by 8 per cent to USD 74.61 billion in September. India's trade deficit in September 2025 stood at USD 33 billion. During April-September this fiscal, exports jumped 18.51 per cent to USD 259.89 billion, and imports climbed 16.31 per cent to USD 437.53 billion. Exports are maintaining their growth trend, Commerce Secretary Rajesh Agarwal said in a press briefing on trade data.

Business Standard 15 Oct 2026 2:47 pm

How Ubiqedge Is Giving Old Industrial Machines An AIoT Upgrade

Nobody on a factory floor wakes up wanting AI, Internet of Things (IoT) systems or a smarter dashboard. Their job

inc42 15 Oct 2026 2:42 pm

'Energy Drink' Term Ban Could Run Its India Supplies Dry, Says PepsiCo

In June, the regulator ordered makers of high-caffeine drinks to drop the term energy drink, amid growing concerns about the health risk of such products

Deccan Chronicle 15 Oct 2026 2:34 pm

Indian health-tech CEO Parveen Panwar wins Brazilian Jiu-Jitsu Gold after taking on a new challenge

Ziva Health founder turns personal experiment in fear, resilience and physical limits, into championship victory LOS ALTOS, Calif.: Indian health-tech entrepreneur and Ziva Health CEO Parveen Panwar spends much of his professional life thinking about how people can take a more active role in their health. This weekend, he found himself testing that philosophy in []

indiapost 15 Oct 2026 2:32 pm

Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India deal

Fairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5.56 billion) deal for a 60.7% stake in the lender. The proposed restructuring would bring together banking, insurance, investment banking and wealth management, subject to regulatory approvals.

The Economic Times 15 Oct 2026 2:32 pm

US trade pact to be operationalised once India gets competitive edge: Goyal

Commerce and Industry Minister Piyush Goyal on Thursday said the first phase of the India-US trade pact has been finalised and is undergoing legal drafting. He expressed hope that it would be finalised soon and operationalised once India secures a competitive advantage over its peer countries. US bilateral trade agreement's first tranche has been finalised and it is going through final contours, the legal drafting and we hope to be able to finalise that soon and operationalise that once we get the competitive advantage over our peer countries, Goyal said here at an event. He also said that the free trade agreement between India and the European Union will be inked in December and would come into force from February or March next year.

Business Standard 15 Oct 2026 2:32 pm

India's trade deficit widens to $30.21 billion in September despite 23% jump in exports

In September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boost, increasing by 23.04% year-on-year with total figures at $44.4 billion. The growing trade gap signals a significant difference between imports and exports, surpassing economists' expectations of a $30.4 billion deficit. Nonetheless, these figures suggest strong ongoing momentum in India's export activities.

The Economic Times 15 Oct 2026 2:31 pm

Air India Tightens Spending Amid Rising Losses, High Jet Fuel Costs

In an internal communication to employees on Monday, Air India CEO Tewolde Gebremariam said the airline needed to embed cost consciousness, frugality and accountability into its organisational culture amid an exceptionally challenging operating environment.

NDTV 15 Oct 2026 2:29 pm

Zetwerk IPO Subscribed 8% On Day 1 So Far

B2B manufacturing company Zetwerks 5,012.3 Cr IPO got off to a rather slow start today, receiving a mere 8% subscription

inc42 15 Oct 2026 2:24 pm

Indian wife's Navratri bhajans keep waking Romanian husband, internet loves his reactions

An Indian woman married to a Romanian man has caught the internet's attention with a video showing what Navratri mornings look like in their household. The clip features Andrei Dumitriu waking up to a series of devotional songs, giving viewers a humorous glimpse into the festive routine he experiences with his Indian wife, Priya Batra.

India TV 15 Oct 2026 2:24 pm

Bollywood actor Imran Khan asked to leave India after participating in protest, media says

Khan did not immediately respond to a request for comment from Reuters

The Daily Star 15 Oct 2026 2:23 pm

Raipur the stage for the start of India's Mandhana era

Zimbabwe, who are yet to win a T20I this year, are playing their first ever bilateral series against India

Espn CricInfo 15 Oct 2026 2:22 pm

India, US trade pact to be operationalised once India gets competitive advantage: Goyal

Free trade agreement between India and the EU will be inked in December and would come into force from February or March next year

The Hindu Businessline 15 Oct 2026 2:20 pm

India responded well to energy shock, has strong fundamentals: IMF official on 7 pc growth projection

Digital Desk | United Nations, Oct 15 (IANS) Despite the energy shocks, India's growth projection has been raised because it has responded well to the challenges and its strong fundamentals, fiscal prudence, and lots of reserves, the International Monetary Fund's (IMF) official for the Asia region said on Thursday. Explaining the IMF raising India's growth projection from 6.5 per cent in April to 7 per cent in its latest report despite the energy shock from the Iran war, Krishna Srinivasan, director of the International Monetary Fund's Asia and Pacific Department, said, We've revised up growth because Q1 (first quarter) of this fiscal year came out much stronger than we had anticipated. India entered this (phase of energy shock) with very strong fundamentals; growth was strong, fiscal prudence was pretty much enshrined, he said. They had lots of reserves and so on. In that context, you know, they have responded well to the shock, he said at a news conference in Bangkok, where the IMF is holding its annual meeting. He was asked about the disconnect between growth and performance seen in the rupee being under pressure, the weakening investment inflows, and higher oil price risks, against the highest growth rate among major economies. The so-called disconnect is not really (a) disconnect because what happens to the exchange rate is a function of global interest rates, investor risk appetite, and oil prices, Srinivasan said. And India, being an oil importer, has been affected by the energy shock. But the exchange rate should not be viewed as a barometer of economic success or failure, given the multiplicity of shocks we have seen, he said. Exchange rate should be, you know, the first recourse in terms of allowing the exchange rate to meet as a buffer for to respond to shocks [and it] is very important, he added. Srinivasan supported the revision of the GDP methodology undertaken this year by the Ministry of Statistics and Programme Implementation (MoSPI), calling it a welcome development. There's always room for improvement, but let's recognise the good work done by MoSPI in proving GDP statistics, he said. These revisions to the methodology are entirely consistent with the advice we've been giving them, including from our statistics department, he said. So, I would just say that, in terms of GDP numbers, what they have done is consistent with good practices. They have revised the base, they rebased it, and they've used the PPI (Producer Price Index) and IIP (Index of Industrial Production) to revise the production side of GDP, and these are welcome developments, he said.

bhaskarlive 15 Oct 2026 2:18 pm

Indian Bank, South Indian Bank gain up to 5% from day's low post Q2 results

Indian Bank reported a near 15% YoY growth in net profit, while Uco Bank and South Indian Bank posted 26.8% and 21.3% profit growth in Q2FY27.

Business Standard 15 Oct 2026 2:17 pm

Indian Bank Q2FY27 result: Net profit rises 15% to 3,462 cr, income up 21%

Indian Bank on Thursday reported a 15 per cent rise in net profit to Rs 3,462 crore for the second quarter ended September 30. The Chennai-based public sector lender posted a net profit of Rs 3,018 crore in the same period of the previous fiscal. Its total income increased to Rs 23,059 crore in the second quarter from Rs 19,077 crore a year ago, Indian Bank said in a regulatory filing. Interest income rose to Rs 19,106 crore in the September quarter of FY27 from Rs 16,590 crore in the year-ago period. The operating profit also increased to Rs 7,090 crore against Rs 4,837 crore in the same quarter a year ago. In terms of asset quality, gross non-performing assets (NPAs) of the bank moderated to 1.61 per cent of gross advances at the end of September 2026 compared to 2.6 per cent a year ago. Similarly, net NPAs or bad loans came down to 0.14 per cent at the end of September 2026 compared to 0.16 per cent at the end of September 2025. Provisioning against bad loans came down to Rs

Business Standard 15 Oct 2026 2:15 pm

Actor Imran Khan asked to leave India: What law says about OCI cardholders

Imran Khan, who is a US citizen, has been asked to leave India after attending a protest against the Chief Election Commissioner. Here is what the law says about foreign nationals

Business Standard 15 Oct 2026 2:14 pm

'Hope Is Doing Something Very Similar: Nayar Compares WI Star With Hayden After Heroics Against India

New Delhi: Former India assistant coach Abhishek Nayar has compared Shai Hopes dominance against India to Matthew Haydens impact during Australias tours of the country in the 2000s. He praised Hope for combining control, power and adaptability while leading the West Indies challenge across formats on the ongoing tour. Hope has scored heavily against India despite facing high pace and quality spin. His ability to shift gears without relying solely on either power-hitting or touch play has made him a difficult batter to contain. The last time I can think of someone dominating India in India was when the Australian team came in the 2000s, Matthew Hayden used to take our bowlers to the cleaners, and Shai Hope is doing something very similar. His batting has been phenomenal, not only for the runs he has got, but also for how he has got them. You cant call him a power player or a touch player. He has found the perfect balance, where he can use the pace, but when required, he can generate force and hit those big sixes, Nayar told JioStar. Nayar pointed out that Hope has not been restricted by the nature of the bowling attack. He has handled Mayank Yadavs pace while also negotiating the variations of Kuldeep Yadav and Axar Patel, preventing India from building sustained pressure. He has been challenged with pace, with Mayank Yadav bowling upwards of 145, and he has handled it beautifully. He has played the guile of Kuldeep Yadav and Axar Patel very well. He has basically taken the Indian bowling to the cleaners in every format on this tour of India. To get a century at a strike rate of 200 tells you what Shai Hope can do, keeping wickets, captaining the side, and still coming out again and again to win games for his team, that is very rare to see, he added. Hopes influence has extended beyond his batting numbers. He has carried the additional responsibilities of captaincy and wicketkeeping while continuing to produce decisive performances for the West Indies. He has been challenged with pace, with Mayank Yadav bowling upwards of 145, and he has handled it beautifully. He has played the guile of Kuldeep Yadav and Axar Patel very well. He has basically taken the Indian bowling to the cleaners in every format on this tour of India. To get a century at a strike rate of 200 tells you what Shai Hope can do, keeping wickets, captaining the side, and still coming out again and again to win games for his team, that is very rare to see, he added. Also Read: Special Cricket Stories Article Source: IANS

CNMSports 15 Oct 2026 2:14 pm

Maison DArome wants India to say oui to luxury perfumes without the heavy price tag

Maison D'Arome has introduced a collection of premium perfumes in India aimed at discernible consumers. The brand asserts its fragrances are crafted with high-quality ingredients. The Indian perfume market is projected to experience significant growth driven by urbanization and rising incomes. Maison D'Arome plans to expand its portfolio and enhance its presence through retail partnerships. The company's founder emphasizes that luxury should be accessible without compromising quality or experience.

The Economic Times 15 Oct 2026 2:10 pm

India to remain world's fastest-growing large economy for next 20-25 years: Piyush Goyal

Digital Desk | New Delhi, Oct 15 (IANS) India will remain the fastest-growing large economy in the world for the next 20-25 years, Union Commerce and Industry Minister Piyush Goyal said on Thursday, asserting that the country is well-positioned to drive global growth and technological advancement in the coming decades. Addressing the SRCC Centenary Conclave here, Goyal said nations across the world are increasingly looking to engage with India because they recognise the potential of its young and ambitious population. The world wants to engage with India today because they recognise the young aspirational India is going to lead global growth. It is going to be the engine of global advancement in technology and global trade, he said. Highlighting India's long-term growth prospects, the minister said the country's demographic advantage, large consumer market and entrepreneurial energy would enable it to maintain its growth momentum for decades. We will continue to be the fastest-growing large economy in the world for the next 20-25 years. Given our demographic dividend, young population and the large market that we have, we will actually be shaping how the future of the world pans out, he said. Goyal stressed that India's progress towards becoming a developed nation by 2047 would depend on the collective efforts of its citizens. He said there was a need to move away from a mindset that avoids challenges and instead embrace responsibility for nation-building. Theres a very large segment of people that is running away from the problems. They are not willing to accept that our destiny is in our own hands. We will have to contribute to make India a developed nation by 2047, he said. According to the minister, the ambition to achieve big goals has become a defining characteristic of modern India and is a key factor behind the country's rising global stature.

bhaskarlive 15 Oct 2026 2:10 pm

Indias Gem and Jewelry Exports Surge by 9.43% in September

Indias gem and jewelry exports rose to $2.95 billion in September, reflecting a 9.43% increase from the previous year. Indias Gem and Jewelry Exports Surge by 9.43% in September

Daily Kiran 15 Oct 2026 2:08 pm

India Wants To Develop Ties With China 'Once Again'

'We are open to all countries around the world as long as we get a fair deal, as long as we are ensured continuity in the engagement.'

Rediff 15 Oct 2026 2:08 pm

'It was not an easy yes': Amit Sana on returning to Indian Idol after 22 years

Amit Sana has reflected on the long-running debate over his Indian Idol Season 1 finale against Abhijeet Sawant, saying the rivalry has faded with time. There is absolutely no awkwardness, he told mid-day ahead of their reunion on Indian Idol Legends Return

Mid Day 15 Oct 2026 2:06 pm

Canadian subsurface engineering firm VZFOX set to enter Indian market

The subsurface engineering firm plans a five-member Bengaluru team and will focus on mature-field revitalisation, reservoir optimisation, EOR, IOR and carbon-storage projects

Business Standard 15 Oct 2026 2:04 pm

Canada's Warren Buffett bets his billions on India. What does he see?

Prem Watsas Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking Indias largest cross-border banking deal. The Canadian investor plans to build a financial services powerhouse by combining banking with insurance, wealth management and capital markets. But regulatory approvals, overlapping ownership with CSB Bank and execution risks could test his biggest India bet.

The Economic Times 15 Oct 2026 2:04 pm

IMF Backs Centre Amid 7.8% GDP Growth Row, Says India's Method 'Consistent With International Standards'

India GDP Growth: India released an updated series of annual and quarterly GDP estimates in 2026, shifting the base year from 2011-12 to 2022-23.

NDTV 15 Oct 2026 2:01 pm

SC issues notice to ECI, CEC after INDIA bloc plea against SIR

New Delhi:The Supreme Court on Thursday, October 15, sought the Election Commissions response on a plea by Congress leader Rahul Gandhi and other Opposition leaders alleging large-scale deletion of voters and irregularities in the Special Intensive Revision (SIR) of electoral rolls. The court also issued notice to Gandhi, Samajwadi Party chief Akhilesh Yadav and others Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 15 Oct 2026 1:59 pm

iPhone 18 India price leaked ahead of 2027 launch: Check launch timeline and features

The iPhone 18 is one of the most anticipated smartphone which will be launched next year in 2027, but there is a lot of buzz around the price and features. It is still about 6 months from the launch, but Apple fans based in India are already nervous about what it will cost. Lately, Apple has not been keeping things about the rising price yet.

India TV 15 Oct 2026 1:57 pm

ReNews Sumant Sinha says cheaper nuclear power can replace coal in India

Sumant Sinha, Chairman & CEO of ReNew, indicates that nuclear projects could be a viable alternative to coal. He emphasizes that reducing the high setup costs of nuclear plants is crucial for wider adoption. India aims to increase its nuclear capacity from 8.8 GW to 100 GW by 2047. Current estimates suggest this growth will require substantial investments of Rs 15 lakh crore.

The Economic Times 15 Oct 2026 1:56 pm

Nestl India shares crash over 8% as as commodity costs loom

Broad-based growth across products and channels helped Nestl India record 36% rise in profit and 20.3% jump in sales in the  September quarter 

Livemint 15 Oct 2026 1:53 pm