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The Hindu Businessline

Business / The Hindu Businessline

MRF receives significant reduction in tax demand in ongoing CST litigation

The company is examining the order and will take an appropriate decision to challenge the demand, the announcement said

8 Oct 2026 12:43 pm
Indian firms seen posting faster profit growth despite global headwinds

Nifty 50 firms net profit is forecast to rise about 20% year-on-year on average, based on brokerage estimates

8 Oct 2026 12:37 pm
Smaller Pie, new winners in Indias investment banking

According to Dealogic, total investment banking revenues year-to-date in India fell to about $780 million in 2026 from $796 million in 2025

8 Oct 2026 12:30 pm
India joins US-led excess capacity initiative amid US Section 301 scrutiny

Experts highlight need for balancing cooperation with manufacturing ambitions; caution against legitimising pressure on Indian industry

8 Oct 2026 12:22 pm
GST Council meet: Scrapping tax officers' arrest powers, decriminalisation among reforms on agenda

The proposed changes to the GST law would be implemented in a staggered manner beginning early next year

8 Oct 2026 12:22 pm
Cochin Shipyard cuts steel for 70 T Bollard Pull tugs for Svitzer A/S, Denmark

Designed to handle demanding close-quarter operations, the TRAnsverse tugs can operate across a wide range of vessel types and sizes, including in challenging weather and tidal conditions

8 Oct 2026 12:08 pm
Indias apparel market set to cross $146 billion by 2029, ranks fourth globally

Rising demand for comfort, casualwear and functionality is reshaping apparel choices, while smaller towns are emerging as important consumption centres

8 Oct 2026 12:06 pm
India targets 1 billion 5G users by 2030, up from 550 mn now: Scindia

Speaking at the inauguration of the 10th edition of the India Mobile Congress (IMC) 2026, Scindia said 5G in India has become the fastest-adopted 5G technology in the world

8 Oct 2026 11:58 am
ITC shares slide 4% to near 52-week low after 9,437-crore block deal

As many as 36.66 crore ITC shares traded in block deal window at an average price of 257 per share

8 Oct 2026 11:44 am
IMD Update: Thunderstorms likely in coastal AP, Rayalaseema, Karnataka for a week

South Peninsula turns stormy and rainy as easterly flow gathers pace across Bay of Bengal, signalling seasonal transition from south-west monsoon to north-east monsoon

8 Oct 2026 11:29 am
Women account for 25% of Indias capital market participation: SEBI chief

The regulator is encouraging broader participation through incentives, investor awareness initiatives and stronger communication on risks across the investment ecosystem.

8 Oct 2026 11:23 am
HDFC Bank shares dip, falls 4% in October so far

HDFC Bank shares remained under pressure amid higher rates, with the stock witnessing active trading and extending its recent decline on Thursday

8 Oct 2026 11:17 am
India calls Musks Starlink approval allegations baseless and misconceived

The dispute comes as Starlink, Reliance Jio and Bharti Airtel await spectrum assignment and final clearances for satellite internet services

8 Oct 2026 11:11 am
India may delay 0.4% UPI fee rollout for large payments

The potential postponement could give the payments industry additional time to prepare while avoiding disruption during the busy festive period.

8 Oct 2026 11:00 am
Govt reacts to Musks oligarchs post, rebuts discrimination allegations

Elon Musk had taken to X to express his displeasure at Starlink not getting security clearance to launch services in India

8 Oct 2026 10:56 am
Unfolding El Nio may be the strongest since 1950s, says WMO

Record Pacific warmth signals the rapidly strengthening warm weather event could push central and eastern tropical Pacific temperatures to record levels by late 2026; Indian Ocean Dipole could offer a twist

8 Oct 2026 10:52 am
Tata Power shares hits 52-week low; announced Ocean Sun deal buzz

The stock opened firm at 347, touching an intraday high of 347.75, but reversed course within the first hour of trade

8 Oct 2026 10:50 am
Groww accounts for 48% of NSEs net active client additions in Q2 FY27

The companys active client base rose to 13.448 million from 13.347 million in August, while its market share increased to 29.16% from 29.04%

8 Oct 2026 10:44 am
Indonesia export overhaul may tighten palm oil supplies, lift prices

Although current domestic biodiesel production capacity is considered sufficient to support the higher mandate, GAPKI expects rising domestic consumption to progressively reduce CPO available for exports

8 Oct 2026 10:25 am
Nifty Prediction Today October 08, 2026: Nifty 50 Futures: Crucial support ahead. Wait and watch

Nifty 50 October futures contract has to sustain above 22,500 in order to avoid more fall

8 Oct 2026 10:18 am
8 Oct 2026 10:13 am
Global stocks drop, Treasuries decline as Brent tops $102

MSCI All Country World Index falls 0.2%, pulling further away from its record high after coming within 1.5% of the peak earlier this week

8 Oct 2026 10:06 am
TN Finance Secretary dismisses concerns around economic activity, says taxable turnover up almost 19%

Tax collections is a metric for growth in economic activity only when two key parameters, namely, tax rates and cash ratios remain constant or significantly unchanged and both have changed in this fiscal

8 Oct 2026 9:57 am
Rupee rises 10 paise to 96.65 against US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 96.71, then gained some ground to touch 96.65, registering a rise of 10 paise over its previous close

8 Oct 2026 9:54 am
Crude oil futures rise on supply disruption fears

December Brent oil futures at $102.35, up by 2.15%

8 Oct 2026 9:49 am
Strait of Hormuz traffic falls to lowest in over two months after attacks, data shows

Crude oil crossing strait fell 27% from Iran war high, Kpler says

8 Oct 2026 9:45 am
IT stocks lift Nifty despite rate hike, FII selling pressure

The market opened after the RBI raised the repo rate by 25 basis points to 5.50% on Wednesday and shifted its stance from 'neutral' to 'calibrated tightening'

8 Oct 2026 9:42 am
RBI may deliver 50 bps jumbo hike in December, repo rate seen at 6%: SBI Research

The report expects inflation to peak at around 6.8% in November 2026

8 Oct 2026 9:21 am
Tata Steels sales down marginally in Q2

Sales in India were up 8% at 5.97 mt (5.55 mt) while in Netherlands and UK it fell to 1.30 mt (1.54 mt) and 0.38 mt (0.57 mt); Tata Steel Thailand also registered a dip in sales at 0.31 mt (0.36 mt)

8 Oct 2026 8:58 am
Nana Patekar dies at 75: A look at the veteran actors remarkable cinema journey

The actors death marks the end of a career spanning decades, memorable characters, major awards and an enduring connection with audiences

8 Oct 2026 8:46 am
TCS Q2 Results LIVE: Analysts see margin expansion despite modest growth, shares in focus

TCS Q2 results today live updates, Q2FY27 live updates: businessline brings to you the latest Q2 results 2026 updates on our live, scroll down for more

8 Oct 2026 8:27 am
Stocks in focus today: Polycab, Tata Power, Tata Steel, Airtel, Ola Electric and more

Polycab faces an insolvency petition, while Tata Power, Tata Steel and Airtel announce business updates; MRF gets tax relief, Ola advances its rights issue, and other companies report fundraising, orders, acquisitions, investments, partnerships and strategic moves

8 Oct 2026 7:56 am
Indian stock markets set for weak opening as global cues turn negative

Weakness across Asia followed adverse signals from Europe and the US, while investors awaited TCS quarterly results and its outlook

8 Oct 2026 7:40 am
Samsung projects nearly nine-fold jump in Q3 operating profit on AI chip demand

Tight supplies of DRAM, NAND and high-bandwidth memory have lifted prices as artificial intelligence infrastructure expands globally

8 Oct 2026 7:27 am
Amazon cuts jobs in Stores unit as latest layoffs affect US, India and UK

The latest reductions come during Prime Big Deal Days and follow a larger round of 30,000 job cuts that began last year

8 Oct 2026 6:58 am
Sensex today | Stock Market Live: Stock to buy today: BHEL (448.90)

Sensex, Nifty, Stock Price Live Updates: The short-term outlook is bullish for Bharat Heavy Electricals Limited (BHEL). After surging over 5 per cent on Tuesday, the stock remained stable on Wednesday. Tuesdays rise has taken the share price well above a key resistance level of 439. It also marks the end of the consolidation that was in place since mid-July.

8 Oct 2026 6:47 am
India, Canada strengthen security ties with focus on crime, terrorism and extradition

The agreement follows sustained bilateral engagement and seeks stronger communication, information-sharing and practical cooperation on shared security concerns

8 Oct 2026 6:39 am
India, Ghana sign MoU to boost agricultural research and technology transfer

The agreement will facilitate scientific exchanges and collaborative projects while addressing crop production, processing, value addition and post-harvest losses

8 Oct 2026 6:29 am
Indias Venezuelan oil imports set to hit highest level in nearly seven years

Indias crude sourcing is shifting as Venezuelan barrels offer refiners an attractive price advantage over increasingly costly Russian supplies

8 Oct 2026 5:48 am
Trump renews Nobel Peace Prize pitch, says he has settled eight wars

Ahead of Fridays award announcement, the US President highlighted his claimed peacemaking efforts and criticised the Nobel Committees past choices

8 Oct 2026 5:38 am
Meta acts on 5.3 million child sexual exploitation items in India, deploys new AI tools

Meta said predators have shifted tactics to advertising, using seemingly harmless ads to direct people towards illegal material hosted elsewhere.

7 Oct 2026 11:45 pm
US proposes $70,000 OPT fee for international students, $30,000 for renewals

The proposal could affect Indian students, who formed the largest group of international students enrolled in US institutions in 2024-25

7 Oct 2026 11:33 pm
SEBI relaxes private placement norms, allows up to 17 ISINs to mature in a year

The revised framework includes separate limits for plain vanilla debt, structured debt and specified bonds, with some securities excluded from calculations

7 Oct 2026 11:25 pm
RBI rate hike: Major banks raise lending rates, making loans costlier

The lending-rate increases took effect or will take effect from October 8, while some banks kept MCLR and Base Rate unchanged

7 Oct 2026 11:18 pm
SEBI introduces colour-coded credit risk-o-meter for debt securities

The new framework will apply to listed and proposed listed debt instruments issued through public issues or private placements.

7 Oct 2026 11:04 pm
Palm oil producing countries keen on ties with India

They stress the need for a collaborative approach to ensure reliable edible oil supplies, supporting farmers and promoting sustainable growth

7 Oct 2026 10:30 pm
Lekha Wireless to integrate Analog Devices radio technology in 5G and 4G products

irm will upgrade its RAN portfolio with ADIs Samana platform for simpler, lower-power designs

7 Oct 2026 10:29 pm
Soket AI unveils LOOP Harness to advance Indias frontier AI capabilities

The LOOP is an open-source harness designed to enable AI agents to work continuously for weeks, not minutes

7 Oct 2026 10:27 pm
Serena Williams, Olympic gold and nine egos: Abhinav Bindras playbook for corporate India

Olympic champion Abhinav Bindra says exceptional performance does not require exceptional confidence a lesson drawn from a 22-year sporting career marked by self-doubt, difficult team dynamics and relentless preparation that now shapes his approach to business and investing.

7 Oct 2026 10:22 pm
Karnataka beer sales surge 41% after AIB tax regime, excise revenue rises 13.4%

During AprilSeptember 2026, IMFL sales have held ground at 1.1%, whereas the tax revenue from IMFL has jumped by 13%

7 Oct 2026 10:17 pm