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The Hindu Businessline

Business / The Hindu Businessline

Axis Bank Q2 profit rises 37.6% to 7,003 crore as provisions fall 52.2%

Higher core income, expanding lending across business segments and lower provisioning costs supported the private sector lenders performance during the September quarter

17 Oct 2026 7:56 pm
YES Bank reports quarterly profit but flags impact of Supreme Court ruling on AT-1 bonds

The bank said recognising the rulings impact would have resulted in a quarterly loss of 5,217 crore, according to its filing.

17 Oct 2026 7:47 pm
Noel Tata says philanthropy must have measurable and sustainable outcomes

While supporting families facing medical crises, the Trusts are also working towards a network of forty to fifty not-for-profit general hospitalsacross the country

17 Oct 2026 7:47 pm
DLF acquires 7.5 acres in Gurugram to expand luxury housing project

The additional land strengthens DLFs presence on Golf Course Extension Road, where leading developers are launching luxury residential projects

17 Oct 2026 7:24 pm
Reliance Consumer Director, Blinkit officials among 10 booked in expired-food probe

Maharashtra FDA seized 48.09 lakh worth of food stock and suspended five warehouse licences following an investigation into the alleged resale of expired and rejected products. The FIR names officials linked to Reliance Consumer, Reliance Retail, Blinkit and Hyperpure.

17 Oct 2026 7:00 pm
Tamil Nadu north-east monsoon: Will El Nio bring more rain?

After a weak southwest monsoon, can Tamil Nadu recover?

17 Oct 2026 6:57 pm
Central Bank of India Q2 net profit jumps 21% to 1,469 cr on higher core income

Central Bank of Indias total income climbs to 11,737 crore in Q2 FY27 from 10,212 crore a year ago

17 Oct 2026 6:42 pm
Teslas flying Roadster could reach India; bookings open from 5.01 lakh

Tesla opens Indian reservations for its Roadster Performance and Thrust sports cars, with reported deposits reaching 2.50 crore; an invitation-only flying version could also reach India as Teslas luxury EV registrations surge 836%

17 Oct 2026 5:44 pm
17 Oct 2026 5:21 pm
IDBI Bank Q2 results: Net profit falls 39% to 2,205 cr as non-interest income moderates

This is the first quarterly numbers after the government earlier this week approved the sale of a 60.72% stake in IDBI Bank to Canadas Fairfax Financial Holdings for about 53,000 crore

17 Oct 2026 5:08 pm
HDFC Bank Deputy MD Kaizad Bharucha quits ahead of Anup Bagchis takeover

The leadership change comes as the countrys largest private sector lender prepares for Anup Bagchi to assume charge later this month.

17 Oct 2026 4:57 pm
Expired food probe: Maharashtra suspends five Reliance, Eternal entities; Blinkit CEO named

Maharashtras food safety agency has intensified scrutiny of food disposal practices after finding alleged gaps in contractors handling of expired products.

17 Oct 2026 4:34 pm
ICICI Bank Q2 net profit jumps 22% to 16,333 cr

Core net interest income grows 17.7% to 25,339 crore

17 Oct 2026 4:10 pm
FSSAI proposes to restrict addition of sucrose, fructose in products for infants up to six months

Restriction aimed at addressing concerns associated with early exposure to added sugars, supporting appropriate infant feeding practices, FSSAI says

17 Oct 2026 4:05 pm
Renault Duster Strong Hybrid takes on Toyota, Maruti Suzuki with 16.99 lakh price, 29 km/l mileage

Renault is counting on hybrid efficiency, higher power and a broader product strategy to strengthen its position in Indias competitive SUV market

17 Oct 2026 3:47 pm
Wider powertrain options key for Renault's future roadmap in India, CEO Deblaise says

Renault India CEO Stphane Deblaise is betting on strong hybrids, CNG variants, faster product development and greater localisation to lift the automakers market share from below 1%

17 Oct 2026 3:29 pm
IDBI Bank stake sale: FinMin cites High Court ruling, Budget speeches to reject irregularity claims

The government has cited legal provisions and past Budget commitments to defend its decision to proceed with the strategic disinvestment of IDBI Bank.

17 Oct 2026 3:23 pm
Nifty and Nifty Bank Prediction for the week 19 Oct26 to 23 Oct26 by BL GURU

Nifty can rise to 23,300-23,500 in the short term and 24,000 eventually.

17 Oct 2026 3:13 pm
HDFC Bank reports 5% increase in Q2FY27 standalone net profit at 19,510 crore

Net interest income (interest income less interest expended) rose 10% y-o-y to 34,619 crore (31,551.50 crore in Q2FY26)

17 Oct 2026 3:02 pm
New steel policy to promote circular economy, boost value addition: Industry

The policy, which builds a roadmap up to 2027 for the sector, also focuses on decarbonisation of the Indian steel industry

17 Oct 2026 2:50 pm
Death toll in Sept 30 MRPL fire rises to 2

One person was killed and 12 injured in the September 30 incident. Among the injured, contract employee Rajesh DSilva died on October 17

17 Oct 2026 2:44 pm
Air India extends temporary suspension of flights to Saudi Arabia until Oct 24 amid Houthi attacks

Air India says, In view of the prevailing situation, Air India and Air India Express have temporarily suspended flights to and from Jeddah, Riyadh and Dammam until 24 October 2026

17 Oct 2026 2:43 pm
Popular Tamil music composer Deva dies

In his nearly four decade career, Deva composed music for over 400 films, which includes runaway hits such as Rajinikanth-starrers 'Annamalai' (1992) and 'Baasha' (1995)

17 Oct 2026 2:25 pm
No sugar diversion for ethanol production: Govt to OMCs

The OMCs have floated a cumulative requirement of 1,100 crore litres with 300 crore litres to be supplied in the first two quarters and 250 crore litres each in the last two quarters

17 Oct 2026 2:18 pm
FSSAI initiates legal proceedings against Priyagold Biscuits maker, Dodla Dairy, Ueir Organic Foods

Deficiencies included plant hygiene, pest control, raw material storage and segregation, personnel hygiene, premises maintenance, among others

17 Oct 2026 1:59 pm
Russian defence ministry says it hit Ukrainian steel plants, power infrastructure overnight

Ukraine says Russia launched overnight strikes on critical infrastructure including Kryvyi Rih steelworks and Zaporizhzhia plant, affecting energy networks nationwide

17 Oct 2026 1:46 pm
Axis Bank quarterly profit rises 37.6%, but misses estimates on higher costs

Axis Bank, the country's third-largest private bank by assets, posted a stand-alone net profit of 7,003 crore ($737.5 million) for the quarter ended on September 30

17 Oct 2026 1:44 pm
Hybrids, CNG may contribute 50% of sales in 2-3 years: Renault India CEO

His comments follow the companys strong bet on hybrid and CNG technology in its India strategy

17 Oct 2026 1:35 pm
Festive demand to drive PNB retail loan growth to 17-18%, MSME credit to grow 21%: MD&CEO Ashok Chandra

The bank expects agriculture priority-sector lending to sustain its 18% growth, maintaining profitability and improving asset quality in coming quarters

17 Oct 2026 1:21 pm
India gets tariff reprieve as Trump waives Russian oil penalties, but the threat lingers

Delhis energy sourcing stays guided by national interest; experts warn threat of revived tariffs could be used as leverage in trade talks

17 Oct 2026 1:10 pm
India's internal security landscape has changed irrevocably: Union Home Secretary

The problem of technology and social media would confront the young officers and they will have to find resources to come up with creative solutions which are as per law, he said

17 Oct 2026 1:07 pm
Burma Burma owner Hunger Pangs files DRHP with SEBI

The proposed IPO comprises a fresh issue of equity shares worth up to 150 crore and an offer for sale (OFS) of up to 2.79 crore shares by existing shareholders

17 Oct 2026 1:00 pm
PM Modi to visit Odisha on Oct 25; President Murmu's two-day state tour starts from Oct 28

Modi will inaugurate the RBIs greenfield data centre and training institute in Khurda on October 25, while President Murmu will tour the state for 2 days from October 28

17 Oct 2026 12:58 pm
PepsiCo India expands Quakers portfolio with focus on Protein Ladooz and Chikki Bites

Priced at 10 per pack, Quaker Protein Ladooz and Protein Chikki Bites, will also strengthen PepsiCo Indias better-for-you foods portfolio

17 Oct 2026 12:49 pm
Global oil demand to rise sharply in 2027, led by India, non-OECD Asia: OPEC

OPEC projects global oil demand to average 108.2 mb/d in 2027, compared with 105.8 mb/d in 2026

17 Oct 2026 12:43 pm
FSSAI's legal action against Priyagold biscuits for using cattle feed bran, 2 others also in net

Legal proceedings for prosecution have also been initiated against Dodla Dairy and UEIR Organic Foods for serious violations of FSSAI rules and regulations

17 Oct 2026 12:41 pm
Oil prices may ease to $80 per barrel in 2027 as West Asia supply recovers: Goldman Sachs

The firm expects benchmark Brent crude to trade at $90 per barrel in December 2026, revising its previous forecast of $85, before averaging $80 per barrel in 2027

17 Oct 2026 12:40 pm
US seeks end to World Banks oil, gas financing restrictions, calls for energy policy overhaul

Bessent says World Bank should adopt a technology-neutral approach to energy financing and respond to countries seeking support for natural gas projects

17 Oct 2026 12:32 pm
AI debt, municipal bonds offer opportunities amid market volatility: Goldman Sachs

Alex Finston says credit markets had remained resilient despite rising interest rates, increased AI-related borrowing and differences in performance across sector

17 Oct 2026 12:22 pm
Can social media bans protect young peoples mental health? Research suggests bans arent the answer

Australia was one of the first with a ban on kids under 16 on social media starting in December 2025, followed soon after by the UK with a similar prohibition

17 Oct 2026 12:09 pm
Financial Services Institutions Bureau to be headed by SCL Das, former Secretary, MSME Ministry

Other Members of the Bureau include Arijit Basu, Satish K Marathe, R Subramanian, Siddhartha Mohanty, Neeja Kapur and T. L. Alamelu

17 Oct 2026 11:57 am
Burma Burma operator Hunger Pangs files IPO draft papers with SEBI

The proposed IPO comprises a fresh issue of equity shares worth up to 150 crore and an offer for sale (OFS) of up to 2.79 crore shares by existing shareholders

17 Oct 2026 11:48 am
India rejects report by UN human rights expert that says Indian youth face retaliation, terms claims as 'hearsay'

In her report, Romero notes that in India, young people created a satirical political movement, a reference to the Cockroach Janata Party

17 Oct 2026 11:26 am
Trump's sanctions waiver offers India temporary relief, not lasting certainty: GTRI

It said that the move gives India relief from threatened additional duties of up to 100% linked to Russian oil purchases

17 Oct 2026 11:22 am
IDBI Bank sale: Legitimate employee concerns addressed, says MoS, Finance

United Forum of IDBI Officers and Employees expresses shock over DIPAMs claims that it had discussed disinvestment with employee associations

17 Oct 2026 11:02 am
Govt banks see record profit in FY26, GNPA at lowest level; Finmin rebuts Akhilesh

Public sector banks earned a record 1.98 lakh crore profit in FY26, despite GNPA rising to 1.93%, boosting access and services

17 Oct 2026 10:47 am
OpenAI poaches another SpaceX sales lead focused on AI

Seamans is the latest sales executive who OpenAI has hired from SpaceXs AI units

17 Oct 2026 10:21 am
Anthropic quietly pitches its own AI safety bill to lawmakers, Politico reports

Anticipating frontier AI risks, Anthropic pitches a draft US bill empowering halts, independent testing, and judicial suspension to curb imminent damage

17 Oct 2026 10:17 am
Cockroach movement founder arrested after detention, media reports say

Dipke was arrested to prevent a breach of the peace and will be called before a Special Executive Magistrate on Saturday

17 Oct 2026 9:47 am
Centre makes Aadhaar authentication mandatory for PM CARES for Children Scheme

Children under 18 may prove identity with enrolment acknowledgment (Enrolment ID) and age document (birth cert, passport, or class 10/12 marksheet)

17 Oct 2026 9:46 am