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Business / The Economic Times

Dividend alert: HCL Technologies, Anand Rathi Wealth to go ex-dividend tomorrow. Do you own?

Investors seeking interim dividends from HCL Technologies and Anand Rathi Wealth must act fast. Today, October 16, 2025, is the final opportunity to buy shares for payouts. HCL Technologies offers Rs 12 per share (600% interim dividend), while Anand Rathi Wealth provides Rs 6 per share (120% interim dividend). Don't miss out on these shareholder rewards.

16 Oct 2025 7:43 am
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

Investors looking to benefit from stock splits and consolidations must purchase shares of AB Infrabuild, Rolex Rings, Narmada Macplast, Sunrakshakk Industries, and Synthiko Foils by October 16, 2025. The ex-date for these corporate actions is October 17, 2025, with companies adjusting their share face values through splits or consolidation.

16 Oct 2025 7:39 am
Gold hits record high as investors turn to safe haven

Gold has reached an all-time high. Investors are seeking safety due to global tensions and economic worries. Expectations of U.S. interest rate cuts and a weaker dollar are boosting gold prices. Geopolitical risks and central bank actions are also contributing to the surge. Silver prices are also climbing. Investors are closely watching upcoming economic data releases.

16 Oct 2025 7:31 am
Oil prices up 1% after Trump says India promised to stop buying Russian oil

Oil prices experienced a notable rise following remarks from President Trump, who announced Indian Prime Minister Modi's commitment to ceasing oil imports from Russia. This pivotal decision is poised to shake up global oil dynamics. Market watchers are now on alert for upcoming US inventory data to guide their next steps, especially after a recent slew of mixed inventory outcomes.

16 Oct 2025 7:29 am
S&P 500 ends higher after strong bank earnings, chip stocks rally

Indian markets surprisingly jumped after the S&P 500 finished higher. Big banks like Morgan Stanley and Bank of America saw a boost from solid earnings, and chip stocks climbed thanks to increased AI spending. Even with ongoing trade issues with China, investors are focusing on how well companies are doing financially.

16 Oct 2025 7:25 am
GIFT Nifty up 55 points; here's the trading setup for today's session

Indian equity benchmarks neared a one-month high on Wednesday, driven by a broad rally fueled by expectations of a US Federal Reserve rate cut and optimism over an earnings rebound. The rupee also strengthened significantly, indicating a potential shift in foreign investor sentiment towards emerging markets like India.

16 Oct 2025 6:46 am
Stocks in news: Axis Bank, Infosys, Wipro, Hyundai, RBL Bank, Angel One, Jio Financial

Indian markets saw a strong rebound, driven by positive trade news and a stronger rupee. Several major companies including Axis Bank, Infosys, and Hyundai are in the spotlight today. Investors are watching for second-quarter results from IT giants Infosys and Wipro. Hyundai announced a significant investment in India. RBL Bank will consider fundraising. Angel One reported a profit decline.

16 Oct 2025 6:42 am
Asian stocks rise after choppy day on Wall Street

Asian stocks opened higher, mirroring a volatile but ultimately positive close for US equities. Investors are navigating renewed US-China trade tensions, with President Trump declaring a trade war. Despite this, dip buyers are supporting market sentiment, keeping it firm.

16 Oct 2025 6:37 am
Nuvoco Vistas reports strong Q2 performance with 62% EBITDA surge

Nuvoco Vistas reported a profit of Rs 36.43 crore for the September quarter. This marks a significant turnaround from a loss in the same period last year. The company's earnings before interest, tax, depreciation, and amortisation surged by 62%. Revenue also saw an 8% year-on-year increase. Nuvoco Vistas is expanding its production capacity to 35 million tonnes by FY27.

16 Oct 2025 6:31 am
Torrent Pharma plans Rs 14,000 crore bond sale for JB Chemicals acquisition

Torrent Pharmaceuticals is planning a 14,000-crore bond sale to finance its acquisition of JB Chemicals & Pharmaceuticals. The company is in discussions with major banks for the funding package, which will be repaid through internal accruals. The proposed merger is awaiting regulatory approvals.

16 Oct 2025 6:21 am
Axis Bank reports 26% drop in Q2 net profit amid one-time provisions

Axis Bank reported a 26% drop in September-quarter net profit to 5,090 crore, primarily due to a one-time 1,231 crore standard asset provision for discontinued crop loan variants. Despite this, net interest income rose 2% year-on-year to 13,745 crore, with the bank optimistic about GST cuts and retail loan growth.

16 Oct 2025 6:17 am
Singapore Court okays WazirX parent's plan for return of frozen assets

Singapore High Court approved WazirX's parent Zettai's restructuring plan, allowing the Indian crypto exchange to resume operations and begin asset redistribution. Following a creditor re-vote, WazirX expects to reopen by late October, prioritizing orderly withdrawals and enhanced security with third-party custodians like BitGo.

16 Oct 2025 6:13 am
Sebi tells public interest directors to treat system failures as financial irregularities

SEBI has directed public interest directors on market infrastructure institution boards to consider system failures as financial irregularities. Directors must now understand emerging technologies and ensure systemic stability and data integrity, especially with AI adoption. They are urged to exercise independent judgment and proactively report risks to SEBI.

16 Oct 2025 6:09 am
RBL Bank board to consider fundraising plan on Oct 18

RBL Bank's board will meet on October 18 to consider raising funds. This includes issuing equity shares or other linked instruments. The bank is also set to review its second quarter results. Reports suggest Emirates NBD is close to acquiring a majority stake. RBL Bank stated it explores opportunities to enhance shareholder value. The bank's shares closed higher on Wednesday.

16 Oct 2025 6:03 am
RBI governor highlights Indias growth prospects amid tariff concerns

RBI Governor Sanjay Malhotra indicated that an early resolution to tariffs would boost India's economic growth, though higher tariffs are not a major concern. He noted that while capacity utilization and investment sentiment are improving, uncertainties are delaying business and household expenditures. The central bank projects 6.8% growth for the fiscal year, factoring in current tariff levels.

16 Oct 2025 5:56 am
Big India moves on pause till macros, markets tick up: Richard Oldfield

Schroders, a major asset manager, holds a cautious view on Indian equities. The firm is underweight due to slow growth and high valuations. However, Schroders sees significant long-term potential for India. Improved economic performance and supportive valuations would lead to a more constructive outlook on Indian equities. Domestic flows provide a market floor.

16 Oct 2025 5:52 am
Rupee's steepest rise in 4 months said to come on RBI's dollar sales

The Indian Rupee strengthened significantly on Wednesday, closing at 88.0750 against the US Dollar. This sharp appreciation followed substantial dollar sales by the Reserve Bank of India. Market observers believe this intervention aimed to curb speculative long-dollar positions. The Rupee had previously traded within a narrower range for three weeks.

16 Oct 2025 5:43 am
Growth has Many Sparks, but Tariffs Can Dim Glow

Positive signals from high-frequency indicators paint an optimistic picture for growth in the September quarter. Nevertheless, Reserve Bank of India Governor Sanjay Malhotra has urged caution for the latter half of FY26, highlighting concerns over the repercussions of US tariffs.

16 Oct 2025 5:25 am
India seeks tariff solution in US trade talks: Commerce Secretary

In a strategic move towards economic collaboration, India is seeking a trade agreement with the United States that promises reciprocal advantages. Current negotiations are prioritizing the resolution of tariff discrepancies while enhancing energy trade.

16 Oct 2025 12:20 am
Credit guarantee may be doubled, fee reduced for well-run MSMEs

In an exciting development for the entrepreneurial landscape, the government is contemplating a significant increase in support for micro, small, and medium enterprises through the Mutual Credit Guarantee Scheme.

16 Oct 2025 12:12 am
Weather, demand keep fruit inflation at five-year high

As fruit prices climb to unprecedented heights, families are feeling the pinch in their wallets. With inflation averaging a staggering 13.2% in early 2025marking the steepest rise in five yearsmany are rethinking their grocery lists. Meanwhile, the price of vegetables has taken a surprising downturn.

16 Oct 2025 12:03 am
India's unemployment rate rises to 5.2% in September, driven by rural job losses

As of September, India's unemployment rate climbed to 5.2%, with rural areas particularly impacted, affecting men and women alike. Urban centers also felt the squeeze, as youth unemployment reached a concerning three-month high.

15 Oct 2025 11:55 pm
Centre released 3,700 crore under PM-FME scheme; over 1 lakh entrepreneurs trained, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman announced the release of over 3,700 crore under the PM-FME scheme, supporting over one lakh entrepreneurs with training and 11,000 crore in loans for micro food processing units. She also launched the PM Dhan Dhaanya Krishi Yojana, aiming to empower farmers through value addition and market access.

15 Oct 2025 11:49 pm
Goods exports up 6.7% in September, trade gap widens

September was a promising month for India's exports, showcasing their vibrancy amid global turbulence. However, with imports climbing at a quicker rate, the trade deficit has widened. Ongoing discussions surrounding U.S. tariffs are under scrutiny, while negotiations for a free trade agreement with the EU are in their final stages.

15 Oct 2025 11:40 pm
IMF growth revision reflects India's strong fundamentals: Piyush Goyal

According to the latest forecast from the IMF, India's economy is set to grow by 6.6% in FY26, a testament to its solid economic backbone and adaptability. The surge in consumer spending and significant infrastructure projects are propelling this growth.

15 Oct 2025 11:34 pm
China files complaint against India in WTO over EV, battery subsidies

China has lodged a complaint with the World Trade Organization against India's electric vehicle and battery subsidies. Beijing claims these measures violate global trade rules and unfairly benefit Indian industries. This move comes as China seeks to increase its EV exports to India. India's trade deficit with China has also widened.

15 Oct 2025 11:29 pm
India a close 2nd to China with25,597 crore Russian oil buys

India and China remain significant purchasers of Russian fossil fuels. In September, India's imports of Russian crude oil saw a decline. This comes as the United States urges India to reduce its reliance on Russian energy. China leads as the top importer of Russian crude, LNG, and coal. Turkiye also features prominently in these energy trade flows.

15 Oct 2025 11:21 pm
Russia to boost banana import from India

In a fresh twist to international trade, Russia is poised to become a major player in the banana market, turning its gaze towards India for imports. The Russian agricultural oversight body, Rosselkhoznadzor, has revealed plans to source anywhere from 300,000 to 500,000 metric tonnes of bananas annually.

15 Oct 2025 11:11 pm
Sebi cracks down on insider trading in IEX: 8 barred from markets after Rs 173 crore windfall

Market regulator Sebi has banned eight people from capital markets. They are accused of insider trading in Indian Energy Exchange shares. This activity allegedly resulted in illegal gains exceeding Rs 173 crore. The ban is interim and effective immediately. Sebi initiated an examination after a significant fall in IEX shares following a CERC directive.

15 Oct 2025 10:25 pm
US-China trade tensions pose new risk to growth outlook, says US Fed's Stephen Miran

Renewed U.S.-China trade tensions pose new downside risks to the economic outlook, making it more important that the U.S. central bank cut its benchmark interest rate, Federal Reserve Governor Stephen Miran said on Wednesday.

15 Oct 2025 10:07 pm
Ahead of Market: 10 things that will decide stock market action on Thursday

Indian markets snapped a two-day losing streak as Fed rate cut hopes and earnings optimism lifted sentiment. The Sensex rose 575 points and Nifty gained 178 points, with banks, metals, and autos leading the rally amid strong FII momentum.

15 Oct 2025 9:33 pm
FM Sitharaman says Rs 3,700 crore released to states under PM-FME scheme

Finance Minister Nirmala Sitharaman announced that the PM-FME scheme has released over Rs 3,700 crore to states and sanctioned Rs 11,000 crore in loans to micro food processing units. Over one lakh entrepreneurs have been trained, empowering them to transform local crops into marketable products and strengthening rural livelihoods.

15 Oct 2025 9:10 pm
Sebi chief urges public interest directors to uphold governance integrity at MIIs

Markets regulator Sebi chairman Tuhin Kanta Pandey on Wednesday called on public interest directors (PIDs) to ensure that the public interest perspective remains central to all key decisions taken by the governing boards of market infrastructure institutions (MIIs).

15 Oct 2025 8:21 pm
India willing to spend $15 billion on US oil amid trade talks

India has indicated its readiness to increase oil purchases from the US by an additional $15 billion, aiming to accelerate trade talks. This move is part of a broader strategy to reduce its significant trade surplus with the US and potentially ease punitive tariffs.

15 Oct 2025 8:15 pm
Sebi extends deadline to Jan 2026 to disclose allocation methodology by angel funds

Markets regulator Sebi on Wednesday extended the timeline to January 31, 2026, for disclosing the allocation methodology by angel funds in their Private Placement Memorandum (PPM).

15 Oct 2025 8:14 pm
Market Trading Guide: Buy MCX, Bank of Maharashtra and 2 smallcaps on Thursday for up to 12% potential upside

Nifty and Sensex rebounded after two days of losses, closing above 25,300 with strong gains in banking stocks. Analysts see further upside toward 25,50025,600 and recommend buying Bank of Maharashtra, Fino Payments Bank, MCX, and Greenlam Industries.

15 Oct 2025 8:06 pm
RBI Guv says Indian macroeconomic fundamentals are very strong; US tariffs not too concerning

Reserve Bank of India Governor Sanjay Malhotra highlighted India's strong economic fundamentals. He noted that Indian markets are deep and should set their own levels. Capacity utilization is increasing. Malhotra acknowledged global uncertainties but stated India has managed inflation well, bringing it down significantly. He mentioned food inflation presents a challenge for the fiscal committee.

15 Oct 2025 7:51 pm
India launches global AgXelerate platform to connect agri-innovators with global markets

Launching from the vibrant heart of New Delhi, the innovative platform Global AgXelerate is set to transform the agricultural landscape in India. This new initiative is designed to seamlessly connect local agricultural pioneers with international markets, engaging a network of startups, incubators, and investors from around the world.

15 Oct 2025 7:16 pm
India and US aim for win-win solution amid deepening trade talks: Report

India and the United States are actively engaged in intensive trade talks, aiming to forge a mutually beneficial agreement. Government sources indicate that India's negotiating team is currently in the US, following recent meetings by the American Ambassador-designate with key stakeholders in India. Discussions are reportedly deepening as both nations explore avenues for collaboration.

15 Oct 2025 7:08 pm
US stocks open higher on positive bank results

Wall Street stocks rose early Wednesday as markets weighed the latest commentary on US-China trade tensions and solid earnings from large banks.

15 Oct 2025 7:04 pm
India, EU trade pact talks in last leg: Commerce Secy

India and the European Union are on the brink of finalizing their free trade agreement negotiations. Progress has been remarkably smooth, with expectations to wrap up by December. Officials are currently focused on the intricate Rules of Origin. Next month, EU delegates are set to visit New Delhi to further these discussions.

15 Oct 2025 6:44 pm
Eternal Q2 review: Blinkit to power 137% YoY topline surge, but among villains for up to 71% PAT fall. 5 things to watch

Eternals Q2 revenue may surge up to 137% YoY, led by Blinkit growth, but profitability could fall as much as 71% due to elevated costs, rider incentives, and marketing spends, brokerages estimate. The Zomato parent is set to announce its Q2 earnings on Thursday, October 1.

15 Oct 2025 6:26 pm
Will gold prices go higher? Here's what's driving commodities right now

Gold and silver remain supported by global uncertainty, US-China tariff tensions, and supply constraints, with gold trading near 1,23,700 per 10 grams and silver at 1,52,000 per kg, offering buy-on-dips opportunities.

15 Oct 2025 6:18 pm
Unemployment rate rises marginally to 5.2 pc in September: Government survey

In September, India's job market experienced a modest uptick in unemployment, hitting 5.2% for those aged 15 and older. This rise primarily affected rural job seekers and urban women. On a brighter note, the Worker Population Ratio achieved its peak since May 2025, fueled by the growth of the female workforce.

15 Oct 2025 5:55 pm
Cool Caps looks to raise over Rs 279 cr via rights issue, eyes migration to mainboard

Cool Caps Industries looks to raise around Rs 279.97 crore through its rights issue which closes for subscription on October 24, according to a statement.

15 Oct 2025 5:45 pm