The Economic Times

Meesho shares rose after strong growth in its Content Commerce business, with NMV increasing 152% year-on-year. Brokerages remain divided, with UBS and Jefferies positive on the stock, while Nomura has a Reduce call.

The Bank of Japan may signal later this month that underlying inflation has reached its 2% target, strengthening expectations for a December rate hike. While policymakers remain cautious after recent increases, steady wages, rising prices and yen weakness could support further tightening as the BOJ gradually normalises monetary policy.

High-yield bonds, often labelled junk, have historically delivered a large share of stock market returns with lower volatility. Saurabh Mukherjea explains how coupons, seniority in repayment and diversification can make them useful in portfolios.

The Centre has introduced 375 new permissible works under the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission. The categories include water security, core rural infrastructure, livelihood-related infrastructure, and disaster preparedness. An emphasis has been placed on livelihood infrastructure, with 128 works focused on water security. The revised framework replaces MGNREGA with guaranteed wage employment for rural households each year.

Lupin Ltd has launched Formoflo-G MDI, a new inhaler for chronic obstructive pulmonary disease management in India. This fixed-dose inhaler combines three therapies into a single device for better treatment outcomes. It aims to benefit over 55 million people living with COPD across the country. The Drug Controller General of India has approved this innovative product for use. Lupin is currently ranked second in the respiratory therapy segment in India.

SRIT India shares rose 19% from the IPO price after making a strong debut on the NSE. The stock, however, fell short of grey market expectations. With the companys digital technology services business gaining traction, analysts highlight revenue growth, profitability, execution and cash flows as key factors for investors.

Jessica Alba co-founded The Honest Company after struggling to find safe household and baby products. The company grew rapidly, focusing on ingredient transparency and sustainability, and appealed to young parents. In May 2021, The Honest Company went public, achieving a nearly $2 billion market capitalization on its first trading day. Despite its celebrity roots, the company aimed to establish itself as an independent brand.

Jio Platforms is reportedly seeking a valuation of around Rs 11 lakh crore for its planned IPO, below earlier estimates of up to $170 billion. The telecom and digital services arm of Reliance Industries could launch the issue in the week of October 19 and list before October 30, Bloomberg reported.

According to a press release, BRS former Corporation Chairman Manne Krishank has demanded a comprehensive investigation by the Enforcement Directorate (ED) into the alleged business interests, assets and financial transactions of the Telangana Chief Minister and his family members.

GST 2.0 reforms are being advocated by industry chambers to improve input tax credit and streamline compliance processes. Businesses desire changes that would expedite refunds, broaden ITC eligibility, and reduce litigation issues. A more automated GST system is sought to alleviate working capital constraints and simplify registration and returns for small businesses. Real estate developers also seek clarity on ITC and faster credit releases to enhance project viability.

Anilbhai's journey from peon at ONGC to successful vada pav seller in Surat is nothing short of inspiring. Beginning in 1997 with cherished family recipes, Anil faced numerous challenges before relocating his cart, leading to his eventual success. The price rise from Rs 2.50 to Rs 25 underscores his dedication to hard work, proving that anyone can redefine their destiny, regardless of societal views on street food vendors.

Aiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mobility is in the process of raising $2 million, having almost reached $1 million in funding thus far. With its fleet comprising deluxe electric vehicles, Trev offers distinct services outside mainstream ride-hailing markets.

Orient Cables' shares faced a notable drop of 10% soon after a promising IPO launch, leading to a dip in investor sentiment. However, the stock continues to hold firm above the initial issue price of Rs 272. Analysts are now focused on the firms capability to maintain revenue growth and its profitability, urging investors to carefully evaluate its financial soundness and operational strategies in the near future.

Dabur India anticipates strong double-digit growth in its consolidated revenues and India FMCG business for the upcoming quarter. Demand conditions have remained steady despite challenges such as inflation and geopolitical tensions affecting operations. The company expects robust performance particularly in its Home & Personal Care and Food and Beverages segments. Modern Trade and emerging distribution channels are also expected to drive growth significantly.

Maintaining a clean refrigerator is crucial for ensuring food safety and hygiene. It helps eliminate spills and unpleasant odors. Regular upkeep should include discarding spoiled food and checking expiration dates. For a thorough scrub, a mixture of baking soda and water is effective. It's vital to keep the right temperature to inhibit bacterial growth. By following these steps, you can protect your health and avoid foodborne illnesses.

In an exciting development, Lord's Mark Industries has secured registration for its In-Vitro Diagnostic portfolio with the MHRA, significantly boosting market access. This follows the approval of their AI-enhanced Renalyx haemodialysis system in the UK. The firm aims for a December 2026 market launch for its IVD products, ahead of schedule, along with a planned January 2027 start for its pathology lab, highlighting its strong commitment to global healthcare integration.

Suvendu Adhikari, the Chief Minister of West Bengal, reported peaceful polling in the Nandigram by-election. Around 50 percent of voters had participated by midday as he cast his vote. He anticipated a turnout exceeding 85 percent based on historical trends in the constituency. Adhikari mentioned he would continue to serve as the MLA for Bhabanipur while promising to remain a voter in Nandigram.

Multi-cap mutual funds have outperformed flexi-cap funds across short- and long-term horizons, but investors continue to favour flexi-cap schemes. Experts attribute the performance gap to multi-caps mandatory exposure to mid- and small-cap stocks, while flexi-caps offer greater flexibility and a relatively smoother risk profile. Should investors switch categories, or stick with their existing allocation?

Delhi High Court has granted interim relief to Reliance Industries against FSSAI's directive on Campa beverages. The court questioned FSSAI for not providing proper notice before the order was issued, which affected the company's operations. Reliance challenged the June directive due to significant business disruption caused by product seizures and delistings. Similar legal challenges from PepsiCo and Monster Beverage are also ongoing in the same context.

To effectively remove candle wax from fabric, begin by freezing the wax to solidify it. Once hardened, gently scrape the fabric to lift off as much wax as possible. Follow this by applying heat with an iron to eliminate any remaining traces. For faint stains that linger, a specialized stain remover may be necessary. Always handle heated materials cautiously and refer to care instructions to achieve optimal results.

Independent advertising technology platforms are set to leverage SDKs to dominate the $400 billion in-app advertising market. Growth in this sector is characterized by a shift from traditional web-based advertising methods to SDK-driven strategies. Key companies like AppLovin and InMobi have established extensive SDK footprints, enhancing their competitive advantage. As AI products scale, the importance of advertising will increase to cover operational costs.

The RBIs expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBFC margins, lenders with floating-rate assets and strong liquidity could benefit. Brokerages favour HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and Tata Capital.

A Delhi court granted regular bail to Swatantra Bhardwaj, a Hindutva influencer, after observing his conduct. The previous interim bail allowed for three weeks, with specific conditions imposed by the court. He was instructed not to communicate with any witnesses or discuss the case publicly during this period. The case involved the alleged assault of a student activist's father during protests at Jantar Mantar.

ET Wealth Reader's Query: I am 42 and have been investing through SIPs for over a decade. My mutual fund portfolio has grown to Rs 1.2 crore, with 90% invested in equity funds. I will need Rs 30 lakh in three years to fund my childs higher education. When should I start moving this money to safer investments, and what is the best way to do it?

Rosatom organised an International Fishing Tournament near Russias Kalinin Nuclear Power Plant in the Tver region, bringing together 22 amateur anglers and 28 journalists and experts from 11 countries, including India. The Indian team comprised Tamil Nadu fishing enthusiasts Ziegen Joseph and Chandrasekar Ravi.

Digital Life Certificate: Senior pensioners aged 80 and above can submit their Digital Life Certificate from October 1, 2026. Various submission methods are available, including biometric and face authentication, and doorstep banking.

Harmanpreet Kaur home: Harmanpreet Kaur, who recently stepped down as captain of the Indian women's cricket team, owns a family home in her hometown Moga in Punjab. Media reports estimate the house to be worth up to Rs 1.5 crore. The home has spacious rooms, open outdoor areas and modern interiors.

Jair Bolsonaro, the former president of Brazil, remains under house arrest while his family gains political power. His son Flavio Bolsonaro won a surprising victory in the presidential election's first round. The right-wing Liberal Party saw significant success, indicating growing public support despite Jair's legal challenges. The new Congress will prioritize potential amnesty for Jair Bolsonaro in the upcoming session.

Congress President Mallikarjun Kharge accused the Modi government of threatening citizens' rights obtained after Independence. During a protest march, Congress leaders demanded the resignation of Chief Election Commissioner Gyanesh Kumar. Kharge alleged that the Election Commission was acting under the government's influence and failing to uphold democratic principles. He emphasized the importance of protecting voting rights to ensure democracy and citizens' freedoms.

UP man Akshay Kumar, 25, who travelled to Russia on a study visa in December 2024, has been missing since August 24 after his family alleged he was persuaded to join the Russian army on promises of citizenship and non-combat duties. His relatives have appealed to the Indian government to locate him and facilitate his return.

A conference on business opportunities in BIMSTEC countries took place in Delhi. Indian businesses learned about potential partnerships for trade, investment, and technology. Senior diplomats from BIMSTEC member states shared insights regarding economic cooperation. Ambassador Rudrendra Tandon emphasized the need for enhanced connectivity and collaboration among BIMSTEC members. Around 80 representatives from Indian industry attended to discuss areas of cooperation and engagement.

Constellation Energy shares surged after reports that Alphabet is nearing a multiyear nuclear power deal with the company. The potential agreement adds to Constellations growing AI-power portfolio, which includes long-term contracts with Amazon and Microsoft.

The euro hovered near a 17-month low at $1.1219 amid euro zone political uncertainty, high debt and French fiscal concerns. Meanwhile, the dollar strengthened as US Treasury yields climbed, with persistent inflation limiting expectations for monetary easing. Markets also monitored potential Bank of Japan tightening as the yen remained weak against the dollar.

India currently imposes a 10% import duty on red lentils and chickpeas, while yellow peas attract a 30% duty.

External Affairs Minister S Jaishankar has initiated a five-day official visit to three African nations. This visit aims to enhance bilateral partnerships between India and Ghana, Cote d'Ivoire, and Ethiopia. Meetings will focus on various sectors including trade, development cooperation, and capacity building. During his time in Ethiopia, he is scheduled to chair the Regional Heads of Mission Conference.

Rickshaw in UK: Anand Mahindra shared a video of a Mahindra auto-rickshaw being driven on a London road, calling attention to the unusual sight. The post sparked humorous reactions online, with users joking about Indian auto culture, British roads and the idea of reverse colonisation.

'Not unusual': Marco Rubio on US withdrawal of B-1 Bombers from RAF Fairford base

Jay Bakker, son of televangelists Jim Bakker and Tammy Faye Messner, has spoken openly about how his parents 1987 scandal shaped his childhood and strained his relationship with his father. He described turning to alcohol and rebellion while coping with public scrutiny, fear and family upheaval. In 2026, Jay recalled feeling unwelcome in his hometown after the scandal. Now based in Seattle, he leads Revolution Church while working odd jobs and raising his children.

Rajnath Singh hails Navy's valour, assures personnel of support amid evolving security challenges

Priyanka Gandhi Vadra was detained on Tuesday after security personnel stopped an INDIA bloc march towards the Election Commission headquarters in New Delhi

Capital market stocks rallied after a Reuters report said Sebi may partly reverse its new Closing Auction Session rules for derivatives settlement. BSE, NSE, Groww and Angel One gained as options volumes recovered and CAS-related concerns eased.

Actor Michael Flatley announced the death of his wife, Niamh O'Brien, on October 5, 2026. Niamh was an accomplished Irish dancer and a lead performer in the show 'Lord of the Dance'. The couple, who were married for twenty years, shared a son named Michael St. James Flatley. Flatley expressed deep sorrow and thanked everyone for their support during this difficult time.

Delhi CM explains working of new Integrated Command and Control Centre for pollution control

Viceroy Hotels shares witnessed an uptick on Tuesday after Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in the company during the September quarter. The hotel operator, which emerged from insolvency in 2024, is expanding its portfolio in Hyderabad and has plans to acquire SLN Terminus Hotels and Resorts.

Tata Steel CEO T V Narendran stated that domestic steel demand is expected to grow 8-10% in the coming months. He mentioned positive signs from all consuming sectors contributing to this anticipated growth. Additionally, Tata Steel is negotiating with the Dutch government regarding issues tied to steel production. These issues include the closure of coke ovens and classification of steel slag.

The World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, despite ongoing inflationary pressures. Other major forecasters, including Moody's and S&P Global Ratings, have also revised their projections upward. However, elevated oil prices and potential climate-related challenges pose risks to this outlook. The World Bank emphasizes the need for accelerated AI adoption in the region for sustained economic growth.

The Indian rupee faced a setback on Tuesday, falling to its weakest position in more than two months. Continuous foreign divestment in local assets heightened pressure on the currency, igniting discussions of possible intervention from the central bank. Analysts foresee a cautious depreciation of the rupee throughout the upcoming year, bolstered by positive capital inflows into foreign reserves.

Cheteshwar Pujara believes the Indian team is well-prepared for the first T20I against the West Indies. He mentions that players have adapted to challenging pitches in Japan during the Asian Games. Pujara highlights the importance of match-ups, particularly between Abhishek Sharma and Roston Chase. Additionally, he supports Sanju Samson for the opener position while praising Tilak Varma's development as a finisher.