SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

Business News

The Economic Times

Business / The Economic Times

India's 10-year bond falls for 10th week in record slump

Indian government bonds have experienced their worst decline in thirty years, falling consecutively for ten weeks. Rising crude oil prices and a hawkish central bank stance have impacted the market negatively. The benchmark repo rate was recently raised to 5.5%, with further increases expected. The 2036 bond yield rose to 7.4740%, indicating a broader trend of increasing yields. These developments may significantly affect India's import bill and inflation outlook.

23 Oct 2026 5:36 pm
Despite global tensions, Indias business sentiment rebounds in Q2 FY27: NCAER

India's Business Confidence Index has risen to 107.8 in the second quarter of this fiscal year. The survey included 502 companies across six major cities, reflecting both large firms and MSMEs. All four key parameters evaluated by the index showed gains when compared to the previous quarter. NCAER indicated that confidence improved in expectations of economic conditions and financial health.

23 Oct 2026 5:35 pm
Infosys ADRs crash 6% after Q2 results as revenue guidance cut spooks investors

Infosys ADRs fell 6.3% after the company lowered FY27 revenue growth guidance to 1-2%, despite September-quarter revenue beating estimates. Profit missed expectations, while large deal wins and AI revenue growth offered support amid cautious technology spending.

23 Oct 2026 5:33 pm
Market wrap: Eternal, Apollo Hospital, Shriram Finance, Adani Enterprises among top gainers and losers on Nifty and Sensex on Friday

Indian equity markets fell for a fourth consecutive session, with the Nifty 50 closing at 22,600 and Sensex at 73,123.83. Small-cap, mid-cap and metal stocks slumped as bearish technical signals heightened concerns about further selling pressure.

23 Oct 2026 5:30 pm
Jio IPO becomes first public issue globally to cross 1 crore applications; record puts spotlight on depth of Indias retail investor base

Jio Platforms has achieved a remarkable milestone, garnering over one crore applications for its upcoming initial public offering. This surge signifies a burgeoning interest from India's retail investors in technology sectors. With the IPO set to debut on October 28, maintaining this enthusiasm is crucial. The communication strategies employed mirror those found in consumer marketing, urging potential investors to evaluate their financial objectives carefully before engaging with the IPO.

23 Oct 2026 5:26 pm
Indias forex reserves fall $5 billion to $721.02 billion as of October 16

India's foreign exchange reserves fell by $5 billion to reach $721.02 billion for the week ending October 16. Previously, reserves declined by $8.578 billion to an amount of $726.027 billion. The decline in reserves reflects ongoing economic conditions impacting forex stability within the country. This trend indicates a continued volatility in India's foreign exchange market and its implications for the economy.

23 Oct 2026 5:07 pm
AI stocks: Midterm elections could threaten AI trade as data center backlash grows

Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays may pressure technology stocks, utilities and power infrastructure companies, despite continued strong AI spending.

23 Oct 2026 4:56 pm
European corporate earnings outlook improves as energy profits surge

European corporate earnings growth is forecast to reach 21.9% in the third quarter, driven by soaring energy profits amid US-Iran war volatility. However, inflation risks, elevated oil prices and rising borrowing costs threaten investor confidence and market stability.

23 Oct 2026 4:52 pm
Infosys dividend alert! IT major announces Rs 26 per share dividend. Check record date

Infosys has declared an interim dividend of Rs 26 per equity share for its shareholders. The record date for this dividend is set for November 3, with payment scheduled for November 11. This announcement follows a final dividend of Rs 25 per share declared in June.

23 Oct 2026 4:36 pm
We just keep bowing down: Khera slams China policy after ITBP DG confirms Arunachal face-off

We just keep bowing down: Khera slams China policy after ITBP DG confirms Arunachal face-off

23 Oct 2026 4:34 pm
Several protesters detained as anti-SIR march heads to ECI headquarters

Delhi Police detained several protesters marching against the Special Intensive Revision (SIR) of electoral rolls towards the Election Commission headquarters on Friday, imposing restrictions on mass gatherings. Supported by Left organisations and activists, the demonstration accused the ECI of voter deletions and formed part of a nationwide campaign spanning 88 cities across 18 states.

23 Oct 2026 4:24 pm
Kittur Rani Chennammas courage continues to inspire Indias soldiers, says MoS V Somanna

At Parliament House, Union Minister V Somanna paid tribute to Kittur Rani Chennamma during her birth anniversary festivities. He highlighted her courage and resistance against the British in the 19th century, underscoring her status as a beacon of women's leadership in Karnataka. The ceremony saw attendance from esteemed leaders and Kannadigas who support this annual homage to her remarkable contributions.

23 Oct 2026 4:21 pm
Infosys Q2 Results: Profit rises 6% YoY to Rs 7,823 crore; co lowers revenue guidance

Infosys Q2 Results: IT services major Infosys Ltd on Friday reported 6% year-on-year (YoY) growth in its consolidated net profit at Rs 7,823 crore in the second quarter. The same stood at Rs 7,364 crore in the year-ago period. The company has trimmed its revenue growth guidance to 1-2% in constant currency for FY27 as against 1.5-3% given earlier.

23 Oct 2026 4:21 pm
IndusInd Bank Q2 Results: Lender posts profit of Rs 1,176 crore vs Rs 445 crore loss a year ago

In the second quarter of this fiscal year, IndusInd Bank reported a standalone net profit of Rs 1,176 crore, showcasing a remarkable turnaround from a loss of Rs 445 crore in the same quarter last year. The bank's net interest income increased by 4% year-on-year to Rs 4,569 crore, driven by enhanced asset quality, while gross non-performing assets decreased to 2.73% of gross advances, indicating robust profitability and growth momentum.

23 Oct 2026 4:13 pm
Tata Motors CV Q2 Results: Co swings to black with Rs 1,254 crore profit; revenue jumps 37% YoY

Tata Motors CV Q2 Results: The improvement in profitability was driven by lower mark-to-market losses on investments in Tata Capital Ltd. The company reported a strong net cash position of Rs 15,900 crore as of September 30, 2026.

23 Oct 2026 4:13 pm
Flexi workspace cos expand solar capacity

Large and listed managed workspace providers are scaling up their green energy efforts by launching their own solar farms in addition to installing rooftop solar panels nationwide.IndiQube has more than 30 megawatt of operational solar capacity and is targeting nearly 30 MW of additional capacity in this financial year, while Table Space has invested in captive solar capacity of about 3.8 MWp across Karnataka and Maharashtra.WeWork India plans to develop a 10 MWp (DC) ground-mounted solar power

23 Oct 2026 4:11 pm
Owaisi preaching in UP what he never practised at home, alleges Congres leader

Congress leader Mohammad Waliullah Sameer has openly criticized Asaduddin Owaisi's political assertions in Uttar Pradesh. He highlighted the AIMIM president's failure to nurture new Muslim leaders within Telangana, pointing out that AIMIM contested a mere nine constituencies out of 119 in the latest elections. Sameer argues that political dominance remains unchallenged, with many Muslims still facing significant difficulties in representation.

23 Oct 2026 4:09 pm
Mallika Sherawats Los Angeles luxurious home has multiple swimming pools, European-style kitchen, separate cottage, vintage furniture and a dedicated gym

Mallika Sherawat's Los Angeles bungalow is a stunning blend of rustic charm and contemporary luxury. It features a beautifully designed kitchen with European accents, an open-plan living space, and multiple swimming pools set amidst lush greenery, creating a serene retreat. Vintage-inspired furniture adds character, while a dedicated gym supports her fitness goals. For socializing, a quaint cottage in the backyard offers a comfortable setting for gatherings with friends.

23 Oct 2026 4:06 pm
Indias business owners need to match the global ambitions of Korean and Chinese peers: Gautam Kumra, Chairman of McKinsey's offices in Asia

McKinsey Asia chairman Gautam Kumra discusses why owner-led businesses have outperformed professionally managed and state-owned peers, accounting for $7 trillion of the $14 trillion in market value created by Asias top 300 companies over 25 years. He explains the leadership traits that distinguish founders, succession challenges, AI adoption and why Indian businesses must look beyond domestic markets to build global franchises.

23 Oct 2026 4:00 pm
Driving licences in India may have different colours: Check all changes in plan and why

The Ministry of Road Transport and Highways (MoRTH) has proposed colour-coded driving licences for Indian and foreign nationals, mandatory blood group and emergency contact details, and stricter safe-driving assessments. Draft amendments to the Central Motor Vehicles Rules also propose a 75% passing threshold, free changes to personal details, Aadhaar-based fee waivers for select online services, and a 15-day deadline for licence updates.

23 Oct 2026 3:58 pm
ET Product of the Year Awards 2026: Recognising HR and worktech products shaping the future of work

The ET Product of the Year Awards 2026 honor exceptional HR and WorkTech solutions that drive organizational success and transform the marketplace. To be considered, nominees are required to have been launched or significantly enhanced between January 1, 2025, and September 30, 2026. Evaluation criteria will focus on innovation, user adoption, quality of execution, and overall market influence.

23 Oct 2026 3:48 pm
Diljit Dosanjh Delhi concert gets police nod after security review, permission granted after initial denial

Delhi Police reconsidered their initial denial and granted permission for Diljit Dosanjhs concert at Jawaharlal Nehru Stadium. The decision followed multiple meetings between police and event organizers to address security concerns. Originally, permission was denied due to threat-related inputs and law-and-order issues during the festive season. The concert is part of Dosanjhs Aura India Tour and is scheduled for October 30.

23 Oct 2026 3:47 pm
Rupee little changed this week as oil-fueled declines wipe out early gains

The Indian rupee experienced a decline for the second day in a row as rising oil prices dampened market confidence. Following a brief uptick at the start of trading, the rupee ended lower against the US dollar. Brent crude prices have surged to a five-month peak, raising worries about energy supply interruptions. This led to a pullback from technology stocks as investors flocked towards safer investments like US Treasuries.

23 Oct 2026 3:47 pm
Massive protests would erupt: NRI says South Koreas strict waste rules like dumping only washed food boxes and no onion peels in bins are unthinkable in India

An Indian content creator living in South Korea has highlighted the country's strict waste disposal rules, including washing plastic food containers, removing tape from cardboard boxes and using designated garbage bags. The creator also cites Rs 60,000 in monthly apartment maintenance and suggests similar rules could spark protests if implemented in India.

23 Oct 2026 3:42 pm
Ethan Kleins $9 million Bel Air mansion, 7,500-Sq-Ft luxury estate in spotlight as one of YouTubes richest stars faces cheating allegations

Ethan Klein, one of YouTubes richest stars with an estimated net worth of $25 million, is facing cheating allegations from his wife, Hila Klein. Amid the controversy, attention has turned to the couples $9 million Bel Air mansion, a 7,500-square-foot luxury estate featuring six bedrooms, a swimming pool, a spa and a private guesthouse.

23 Oct 2026 3:41 pm
Afghanistan vs Zimbabwe ODI 2026: Live streaming, playing 11, pitch report and Sharjah stadium weather update

Afghanistan vs Zimbabwe Playing 11: Afghanistan take on Zimbabwe in the ODI Tri-Nation Series in UAE 2026 final on October 23. Check live streaming in India, TV telecast details, probable playing 11, match time, Sharjah Cricket Stadium pitch report, weather forecast and ODI head-to-head record.

23 Oct 2026 3:38 pm
Apple iPhone sale: Planning to buy new phone? Check Apples new checkout policy that puts a limit

Apple has implemented a buying limit on its official online store for iPhones to manage sales during the festive season. Shoppers can now purchase only two iPhones, whether they're identical models or different ones. If users try to check out with a third unit, they will receive a warning that halts the transaction.

23 Oct 2026 3:36 pm
20 Mass Rapid Transit System stations to get metro-style upgrade in Chennai: MRTS merger MoU likely in November; what passengers can expect

Chennais 20 MRTS stations between Chennai Beach and St Thomas Mount could see improvements in lighting, security and housekeeping by early 2027 as the Tamil Nadu government prepares to take over the networks assets from Southern Railway. The transfer agreement is expected by the end of November. CMRL will eventually manage station facilities, while Southern Railway will continue operating trains for another 24 months.

23 Oct 2026 3:36 pm
I think I have the right to run for president again: Trumps big Presidential remark

I think I have the right to run for president again: Trumps big Presidential remark

23 Oct 2026 3:36 pm
'Im thinking about calling Hormuz the Trump Strait,' says US president Donald Trump

'Im thinking about calling Hormuz the Trump Strait,' says US president Donald Trump

23 Oct 2026 3:31 pm
NHB appoints forensic auditor for SRG Housing Finance

The National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of fictitious loan accounts worth 300400 crore, repayment record manipulation and possible fund diversion. The investigation will examine loan disbursements, borrower identities, asset classifications and fund usage, with findings potentially shaping regulatory action and the lenders financial outlook.

23 Oct 2026 3:30 pm
Delhi National Lok Adalat on October 25, 2026: Check civil and criminal cases to be covered, timings and how to settle traffic challans

The Delhi State Legal Services Authority is set to conduct a National Lok Adalat from 10 am to 4 pm at multiple court locations throughout New Delhi. This initiative will tackle civil and criminal compoundable cases, allowing litigants to refer their matters by visiting designated court complexes.

23 Oct 2026 3:30 pm
In 2004, Texas sank 152 discarded concrete power poles weighing 1,457 tons in the Gulf; the unusual load became an artificial reef 130 feet underwater

In 2004, an innovative project transformed discarded concrete utility poles into an artificial reef within the Gulf of Mexico. A total of 152 poles were strategically placed to aid marine habitat growth at Matagorda Island-712. By providing surfaces for marine organisms to cling to, this initiative significantly boosts local biodiversity, showcasing the potential of repurposing waste materials. Texas remains committed to establishing artificial reefs that foster thriving marine communities.

23 Oct 2026 3:30 pm
Matthew VanDyke Returns From US, Appears Before Delhi Court In Myanmar Training Camp Case

Matthew VanDyke Returns From US, Appears Before Delhi Court In Myanmar Training Camp Case

23 Oct 2026 3:28 pm
Bajaj Finserv says Deepak Reddy appointed as CEO designate of Bajaj General Insurance

Bajaj General Insurance has appointed Deepak Reddy as CEO designate from January 1, 2027. He will take over as managing director and CEO on April 1, 2027, subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI).

23 Oct 2026 3:28 pm
Petronet LNG, Gruner Renewable float JV to develop CBG plants with Rs 1,200 cr investment

Petronet LNG and Gruner Renewable Energy have formed a 50:50 joint venture to develop compressed biogas plants. This joint venture will involve an estimated investment of Rs 1,200 crore for developing ten plants in India. Each plant is designed to handle 18 metric tonnes of biogas per day, contributing to renewable energy goals. The partnership aims to enhance the commercial viability of the compressed biogas ecosystem in India.

23 Oct 2026 3:26 pm
India smartphone shipments fall to decadal low as prices squeeze demand

India's smartphone market experienced significant declines in shipments during the July-September 2026 quarter. Shipments fell by 20% year-on-year, marking the lowest levels in a decade. Demand for smartphones priced under Rs 20,000 saw a drastic 47% decline due to rising prices. Major brands such as Samsung and OPPO adapted by optimizing their product offerings to improve market performance.

23 Oct 2026 3:25 pm
Piyush Goyal reminds developed countries of $100 bln climate finance pledge

Piyush Goyal reminds developed countries of $100 bln climate finance pledge

23 Oct 2026 3:23 pm
What does eMudhra's web security key leak mean for internet users?

What does eMudhra's web security key leak mean for internet users?

23 Oct 2026 3:20 pm
Global Market: Eurozone bond markets stabilise after volatile week

Eurozone government bonds stabilised after a volatile week as investors balanced sovereign debt concerns against safe-haven demand amid uncertainty over AI investments and global growth. French borrowing costs remain under pressure ahead of key central bank policy decisions.

23 Oct 2026 3:19 pm
Dr Reddy's rolls out new generic Ozempic brands amid Obeda supply disruption

Dr Reddys Laboratories has expanded its generic semaglutide portfolio with Obeda Pro and Obeda Plus after supplies of its original Obeda injection were halted in July for technical evaluation. The new brands are manufactured by Hetero Labs, while distributors say the company may discontinue Obeda injectable supplies. Dr Reddys denies a replacement strategy.

23 Oct 2026 3:19 pm
Indias labour survey to soon include platform workers and unpaid household work

India will update its Periodic Labour Force Survey starting January 2027 to enhance data collection. The modified sampling design aims to improve the identification of digital platform workers and unpaid household activities. Additionally, the updated sampling frame will reflect changes in urbanization and administrative boundaries. New questions will capture information on unpaid caregiving and volunteer work. Stakeholders are invited to provide feedback before the new sampling period begins.

23 Oct 2026 3:18 pm
Ankur Warikoo warns about the hidden cost of a promotion: You both said yes, but only one got promoted

Ankur Warikoo has highlighted how one partners promotion can quietly increase the others household responsibilities. While couples celebrate better salaries and career opportunities, spouses may end up handling more school runs, evenings and work adjustments. Warikoo urged couples to discuss these changes beforehand, reminding them that supporting a partners growth should not mean sacrificing their own ambitions.

23 Oct 2026 3:17 pm
EPS-95: Private sector employees win higher pension case in Bombay High Court despite PF Trust wage ceiling limit cap; know why

EPS-95: Private sector employees wins case for higher pension as Bombay HC rules higher pension can be given even if PF trust rules capped the contributions at statutory wage ceiling limit

23 Oct 2026 3:11 pm
Home Ministry extends deployment of 273 CAPF companies in Delhi till October 31 amid protest fears

The Union Home Ministry has granted a second extension for the deployment of 273 Central Armed Police Forces in New Delhi. This decision was made in response to concerns about potential protests by various organizations and political groups. The Delhi Police had recommended extending the deployment to maintain law and order in sensitive areas of the city.

23 Oct 2026 3:11 pm
US military bans BYD vehicles from strategic air base in Japan

The US military is set to ban vehicles made by Chinese EV maker BYD at Kadena Air Base. This decision arises from concerns regarding security risks posed by the presence of these vehicles. The ban will take effect on an upcoming Monday as reported by a news agency. BYD, which has recently expanded into international markets, did not immediately comment on this decision.

23 Oct 2026 3:05 pm
Madras High Court quashes criminal proceedings against protesters seeking Tamil as official language

The Madras High Court has quashed criminal proceedings against protestors from Theni who advocated for Tamil. The protest occurred on February 11, 2024, where they demanded Tamil's official recognition in the High Court. Although accused of unlawful assembly and threatening police, the court deemed the proceedings an abuse of legal processes. The court noted the allegations were primarily based on police testimony without other witness support.

23 Oct 2026 3:02 pm