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RBI Governor asks states to adopt prudent borrowing strategies

Addressing the 36th Conference of State Finance Secretaries, the governor also advised states to make effective use of the State Level Bankers Committee (SLBC) forum

27 Oct 2026 10:44 pm
IRDAI to implement distribution reforms only after consensus: Ajay Seth

Speaking at the annual Business Standard BFSI Insights Summit, Ajay Seth said the regulator will work to expedite claims in case of health policies

27 Oct 2026 10:37 pm
Fresh bad-loan generation may rise in FY27; private banks face greater pressure: Report

Ratings agency Icra expects the trend of relatively higher loan slippages at private sector banks to continue in the second half of FY27, even as credit costs are projected to remain favourable and significantly below historical levels

27 Oct 2026 10:06 pm
L&T Q2 PAT rises 33% to 5,202 crore, revenue up 16%

L&Ts consolidated order book stood at 8,53,514 crore as of September 30, 2026, up 15% from March 2026. International orders accounted for 54% of the total order book, providing substantial revenue visibility.

27 Oct 2026 9:19 pm
AM Green bags long term contract from JERA to supply green ammonia in Japan

AM Green will supply around 70,000 tonnes of green ammonia annually over five years, with the potential to extend the term for additional supply.

27 Oct 2026 8:49 pm
Maruti Q2 profit falls 27% on West Asia headwinds; sales surge 26.5%

Demand continued to outstrip supply, leaving the company with network inventory of about 17 days and pending bookings of approximately 265,000 units

27 Oct 2026 8:14 pm
Coal India H1 capital expenditure surges 27% to 7,966-cr, exceeds target

The capex spend in the first half of the fiscal year surpassing the stipulated target of 7,286 crore for the period.

27 Oct 2026 7:25 pm
Tata Power in MoU with BPCL to develop 110 kV power infra at Mumbai refinery project

The project will meet the 90 MW power requirement of BPCL's Petro Resid Fluidised Catalytic Cracking Unit (PRFCCU) project at its Mumbai refinery, Tata Power said in a statement

27 Oct 2026 6:24 pm
India must make its defence chips end-to-end, say scientists

At The Hindu Semiconductor Summit, V.K. Saraswat, A. Sivathanu Pillai and Deleep Nair warn that imported chips leave network-centric weapons vulnerable, and that waiting until 2030-35 for advanced nodes would be too late

27 Oct 2026 6:22 pm
India has engineers, but needs more chip-ready ones

At The Hindu Semiconductor Summit, industry and government agree the shortage is of industry-ready talent and exposure, and that success should be measured by intellectual property and products, not certificates.

27 Oct 2026 6:18 pm
India must build semiconductor capabilities beyond chip design, says DG of Semiconductor Laboratory

Kamaljeet Singh flags foreign dependence on critical inputs; calls for stronger R&D, manufacturing infrastructure and specialised skills

27 Oct 2026 6:03 pm
Germany sees India, Tamil Nadu as semiconductor partners

Consul-General of the Federal Republic of Germany identifies opportunities in power semiconductors, manufacturing technologies, research and skills development, citing Tamil Nadus automotive and electronics industries

27 Oct 2026 5:46 pm
India needs three lakh semiconductor professionals by 2030, says SRMIST VC

Muthamizhchelvan calls for closer industry-academia collaboration to develop semiconductor talent and translate university research into commercial products

27 Oct 2026 5:38 pm
Rupee closes marginally up three paise at 95.12 against U.S. dollar amid elevated crude oil prices

In the interbank foreign exchange market, the rupee opened at 95.17 and traded in a tight range of 95.09 to 95.24 before closing at 95.12 (provisional) against the greenback, up 3 paise from its previous close

27 Oct 2026 4:47 pm
Wabtec bags $94 million order for Vande Bharat sleeper trains

India currently accounts for nearly 10% of Wabtecs global transit business revenue. The contribution is expected to rise to 13-14% by 2030.

27 Oct 2026 4:19 pm
Chip war exposes Indias semiconductor vulnerabilities, industry leaders say

U.S.China tensions underscore need for domestic technology capabilities and resilient supply chains; industry flags gaps in materials, manufacturing expertise and specialised talent

27 Oct 2026 4:18 pm
India must cut foreign dependence across semiconductor value chain; needs to build capabilities beyond chip design, says Semiconductor Lab chief

At Semiconductor Summit 2026 in Chennai, Kamaljeet Singh flags dependence on imported technologies and the need for R&D, manufacturing and specialised talent

27 Oct 2026 3:56 pm
India poised to refine for world as global capacity declines: Union Minister Hardeep Puri

India's refining capacity is currently around 290 million tonnes per annum and is expected to expand further, he said

27 Oct 2026 3:18 pm
IndusInd Bank posts profit of 1,242 crores in Q2; asset quality improvement and interest income drives growth

The banks bottom line for Q2FY27 was supported by a rise in net interest income, which stood at 4,569 crore as against 4,409 crores a year ago

27 Oct 2026 2:25 pm
JLR India starts local production of Defender, prices start from 99 lakh

In India, Defender will be available in petrol and diesel engines from 2.0-litre petrol to 3.0- litre petrol and 3.0 litre Diesel in X-Dynamic HSE derivative

27 Oct 2026 2:03 pm
Rupee falls 7 paise to 95.22 against U.S. dollar in early trade

At the interbank foreign exchange market, the rupee opened at 95.17 and pared some losses to touch 95.11 but soon lost ground to trade at 95.22 against the greenback, lower by 7 paise from its previous close

27 Oct 2026 11:37 am
SRM presents The Hindu Semiconductor Summit 2026 | Watch LIVE

Whether you are a researcher, developer, or executive, join us to redefine what is possible in the world of semiconductors

27 Oct 2026 11:27 am
What the new E100 vehicle rules mean | Explained

The amendments modify Rule 115, which deals with emission standards and related requirements for motor vehicles, and Rule 115E, which contains additional provisions relating to emission testing

27 Oct 2026 11:14 am
Tata Motors clears key shareholding threshold for takeover of Italian truck maker Iveco

With this TML CV Holdings B.V. has reached a shareholding of 89.42% of the Issuers common share capital, net of the Treasury Shares, the company said in an exchange filing

27 Oct 2026 9:31 am
Microsoft offers voluntary exit packages to 60,000 staff, with some Indian teams eligible

As major tech giants continue to spend heavily on AI-related investments, concerns persist about the impact of the technology on jobs

27 Oct 2026 8:30 am
Microsoft is offering buyouts to around 60,000 employees, reports say

The voluntary exit offer will impact key divisions, including AI experiences, Copilot, finance, human resources, Xbox and Windows + Devices, a source familiar with the matter told Reuters

27 Oct 2026 12:24 am
CCPA fines Britannia 1 lakh over '100% whole wheat bread' claim; product contains only 62% wheat

Britannia has also been asked to submit a compliance report within 15 days

26 Oct 2026 10:49 pm
IOB net profit up 56 pc at 1,962.67 crore in September quarter, bank plans to launch QIP in Q4

In the year-ago period, the bank had reported a net profit of 1,258.82 crore

26 Oct 2026 10:36 pm
Tata Communications to invest 4,350 crore in 10,000-km AI data centre network

First phase to link data centre hubs in Mumbai, Pune, Hyderabad and Chennai; later phases to extend connectivity to Vizag, Bhubaneswar, Jamnagar and GIFT City

26 Oct 2026 10:24 pm
BPCL shifts crude sourcing towards Middle East as Russian oil loses price edge

Russian crude accounted for 37% of their import basket in the second quarter.

26 Oct 2026 10:03 pm
LANXESS, Hindustan Colas collaborate to advance road construction technologies in India

They have decided to establish a framework for evaluating technical, commercial and business opportunities in the field of bitumen and asphalt modification technologies, the companies said

26 Oct 2026 8:37 pm
Blue Dart forays into cross-border parcel shipping service

It offers businesses an alternative between premium-priced express services and lower-cost postal options

26 Oct 2026 8:20 pm
Bank of Maharashtra Q2 net jumps 41% to 2,310 crore

Retail, agriculture and MSME (RAM) business grew 24.69%.

26 Oct 2026 8:12 pm
InvITs eye bigger share of Indias savings

The growth comes as India faces mounting financing requirements for infrastructure expansion.

26 Oct 2026 7:50 pm
Hyundai introduces compact SUV Bayon starting 10 lakh

The company said the SUV is designed for modern customers who seek a seamless blend of innovation, technology and everyday versatility

26 Oct 2026 6:46 pm
ITC Hotels Q2 net profit rises 52% to 203 crore, revenue up 26%

Consolidated revenue from operations at 1,054 crore grew 26% YoY, supported by growth across Rooms, Food & Beverage and Management Fees, the company said

26 Oct 2026 6:24 pm
Supreme Court notice to ED on realty company promoters bail plea in home buyers fraud case

The case pertains to allegations that Anil Mithas, promoter of a Noida-based real estate company, diverted funds collected from homebuyers by UFHL for its Aranya project, prompting money laundering proceedings by the agency

26 Oct 2026 5:59 pm
TMB posts record 451-crore profit; braces for higher ECL provisioning

Bank expects advances to grow over 22% and deposits by over 20% in FY27; cybersecurity to account for a fifth of planned IT spending next year

26 Oct 2026 5:23 pm
SC rejects plea for CBI probe into horse-trading post TN Assembly polls

Petition accusesTamil Nadu Minister N. Anand and four former AIADMK MLAs of horse-trading to secure a majority in Assembly

26 Oct 2026 5:09 pm
Rupee falls 29 paise to close at 95.22 against U.S. dollar

At the interbank foreign exchange market, the rupee opened at 94.92 against the dollar, then lost ground to touch an intra-day low of 95.26 and finally settled for the day at 95.22 (provisional), registering a decline of 29 paise over its previous close

26 Oct 2026 4:42 pm
Stock markets rebound after four-day slump; Sensex jumps 483 points

Recovering from early losses, the 30-share BSE Sensex ended 482.92 points, or 0.66%, higher at 73,606.75. During the day, it hit a high of 73,606.75 and a low of 72,514.57, a range of 1,092.18 points

26 Oct 2026 4:26 pm