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The Hindu Businessline

Top News / The Hindu Businessline

Indias festive shopping surge leaves metros behind as small cities lead the charge

Average order value surged from 1,100 to 2,639, nearly doubling, as shoppers bought higher-value items rather than more items

15 Oct 2026 1:26 pm
World Bank Group mobilises $36 billion in India in four years, $9.6 billion for MSMEs

The increase reflects growing investor interest in development-linked investments, with guarantees from the IFC and the MIGA helping reduce investment risks and attract private funding

15 Oct 2026 1:20 pm
Fairfaxs 52,878 crore bank deal signals zest for India assets

The interest suggests robust appetite for financial services assets as the population of wealthy citizens expands and earnings of the middle class rise

15 Oct 2026 1:17 pm
Nestle India Q2 results: Consolidated net profit jumps 35.9%, total sales rise 20.5%

The Maggi maker reported consolidated sales of 6,782.2 crore, driven by robust double-digit volume growth across product categories and higher brand investments.

15 Oct 2026 1:17 pm
Silver futures rise to 2.08 lakh per kg

On the MCX, silver for December delivery rose by 561 or 0.27% to 2,08,899 per kilogram in a business turnover of 3,125 lots

15 Oct 2026 1:08 pm
I am confident that we will have a India-US trade deal: Sergio Gor

The US Ambassador says India, US are complex economies and matching everything cant happen overnight; Trump expected to decide on Russia sanctions measures within 10 days

15 Oct 2026 12:56 pm
Gold futures rise to 1.47 lakh/10 gm on firm spot demand

Fresh positions by market players led to the rise in the precious metal's prices

15 Oct 2026 12:55 pm
Ceats Camso acquisition targets EBITDA break-even by March 2027: CEAT CFO & ED Kumar Subbiah

CEAT aims to turnaround its $225 million Camso acquisition by March 2027, with EBITDA break-even expected as sales rise and Michelin transfers near completion

15 Oct 2026 12:47 pm
Nexon Geochem inks MoU for rare earth permanent magnet facility in Andhra Pradesh

Nexon Geochem has committed a total investment of 1,250 crore across two phases: 750 crore dedicated to Phase 1 and 500 crore allocated for Phase 2.

15 Oct 2026 12:44 pm
HDFC Bank shares surge 1.60% to 722 as Q2 results weekend nears

Despite the price gains, selling pressure remained firm, with 66.35% of traded volume on the sell side

15 Oct 2026 12:39 pm
Wholesale inflation may remain elevated through FY27 on high energy, food prices: Report

Fuel and power inflation climbs to 26% in September from 23% August, led by higher mineral oil prices. Inflation in mineral oils rises to 40%, compared with 38.5% in the previous month

15 Oct 2026 12:36 pm
Auto industry posts stellar performance in H1 FY27 led by GST 2.0, resilient rural-urban demand

Although reported growth rates may moderate, the demand fundamentals remain supportive, aided by festive season, new product launches, last-mile mobility requirements, infrastructure spending and fleet replacement.

15 Oct 2026 12:35 pm
IMD declares arrival of north-east monsoon over South Peninsula

Heavy rainfall has occurred at a few places over Tamil Nadu, Puducherry andKaraikal and moderate rainfall over many places over this met subdivision as well as south Coastal Andhra Pradesh

15 Oct 2026 12:34 pm
Reliance Industries shares climb 3% as Jio Platforms sets IPO price band

Jio Platforms plans to issue up to 27 crore equity shares with a face value of 10 each

15 Oct 2026 12:22 pm
India may need rate hikes, tax cuts to buoy rupee, analysts say

The RBI can raise its emergency lending rate for banks, making funds more expensive and tightening liquidity to support the rupee

15 Oct 2026 12:18 pm
Canadian energy engineering firm VZFOX to set up India base in Bengaluru by year-end

The Calgary-based company is entering India through the Team Canada Trade Mission, with plans to gradually expand its local workforce as business opportunities develop.

15 Oct 2026 12:11 pm
South Korea's KOSPI triggers circuit breaker in tech-led selloff

The KOSPI fell 480.76 to 5,528.05 as of 03:38 GMT, its lowest since July 29 when trading was halted for 20 minutes by the circuit-breaker

15 Oct 2026 12:03 pm
Food companies, quick-commerce platforms face stricter FSSAI checks, higher compliance costs: Jefferies

The report says the regulator is widening its focus to advertising, labeling, authenticity, online listings, storage, and food safety practices

15 Oct 2026 11:59 am
IMF backs India's updated GDP methodology, calls revision 'welcome development'

Krishna Srinivasan, Director of the IMF's Asia and Pacific Department, said the updated methodology completely matches the advice provided by the IMF's statistics department.

15 Oct 2026 11:55 am
Netflix lays off film and TV executives amid programming woes

Netflix, which reports financial results on October 20, is expected to see its sales climb 11.9% to $12.88 billion, its slowest level of growth in three years

15 Oct 2026 11:55 am
Passenger vehicle dispatches rise 21.8% at 4.54 lakh units in Sep: SIAM data

Total two-wheeler sales also rose 13.5 per cent to 24.63 lakh units last month as against 21.70 lakh units in September last year

15 Oct 2026 11:41 am
Anthropic results may aid IPO but not AI trade, analysts say

Market players say Anthropics numbers may not be enough to revive investor interest in the broader trade

15 Oct 2026 11:38 am
Ramesh Chand panel to suggest solution for Indias sugarcane sector

Apart from Chand, the other members of the committee are officials from agriculture, food and consumer affairs ministries Agriculture Commissioner, Joint Secretary (Sugar), Joint Secretary (Legal Metrology), and Director (sugar).

15 Oct 2026 11:14 am
IDBI Bank shares tumble 7.5% after 53,000-cr Fairfax deal

Shares of IDBI Bank surged 9 per cent before the announcement on Wednesday, adding Rs 8,086 crore to its market valuation.

15 Oct 2026 11:01 am
Hyundai plans four EVs by 2029, earmarks $6.2 billion for technology and R&D in India

The automaker also plans a dedicated investment entity, HMG India. The strategy also includes battery localisation, research partnerships and emerging mobility opportunities.

15 Oct 2026 10:58 am
Paras Healthcare to launch 1,450-crore IPO on Oct 21; price band set at 660-693/share

The proposed IPO comprises a fresh issue of equity shares worth 500 crore and an Offer for Sale of shares worth 950 crore

15 Oct 2026 10:49 am
Paramotor Digital files for 1,000-crore IPO with SEBI

The issue will comprise a fresh issue of 698 crore and an offer for sale of 302 crore.

15 Oct 2026 10:32 am
Rupee continues its winning streak against US dollar

The Indian currency opened stronger, below the 95 level, on Thursday at 94.91 per US Dollar, up 24 paise against the previous close of 95.15. The Rupee is currently trading at 94.9325.

15 Oct 2026 10:30 am
YouTube to label AI-Generated songs across its platforms to increase transparency

The markers will apply to songs on YouTube, through its own detection tools and those made by its music partners

15 Oct 2026 10:27 am
Smartphone shipments crash 22% in worst quarter ever: IDC

Rising memory costs have pulled shipments down sharply, the market researcher said

15 Oct 2026 10:24 am
What is Starshield,SpaceX's military version of Starlink?

In addition to secure communications, the militarised version can also provide users with Earth observation and the ability to integrate sensors or other payloads

15 Oct 2026 10:21 am
Air India chief sets up committee to cut costs

Gebremariam-led panel to examine rationalising teams and office space as airline posts 22,238-crore loss in FY26

15 Oct 2026 10:08 am
Nifty Prediction Today October 15, 2026: Nifty futures: Likely to breakout, consider longs

Nifty (Oct) futures, on a breach of 22,820, can rise to 23,000

15 Oct 2026 10:03 am
Sharp sell-off in tech stocks drags Asian stocks lower as markets in South Korea, Japan sink

Asian stocks take cue from US markets dive on higher than expected inflation numbers

15 Oct 2026 9:50 am
Crude oil futures decline on potential US sanctions relief for shadow fleet vessels

At 9.36 am, December Brent oil futures were at $104.29, down by 1.67%, and November crude oil futures on WTI were at $94.01, down by 1.14%

15 Oct 2026 9:50 am
IT stocks lead Nifty higher; Adani, Metals drag as global selloff weighs

IT earnings optimism lift markets, even as global risk-off and higher oil prices weigh on broader sentiment; Adani group stocks and metals drag in a choppy session ahead of key results and policy cues

15 Oct 2026 9:46 am
AI-powered stock funds bet bots can pick stocks faster and better than humans

A survey shows 91% of asset managers plan to use more AI portfolio tools this year

15 Oct 2026 9:37 am
Andhra govt, AM/NS India sign LoI for skill development centre in Anakapalli

The centre will offer programmes in fisheries, agriculture and livestock management to strengthen existing livelihoods and support women-led enterprises, skill development and self-employment

15 Oct 2026 9:37 am
GMR Airports incorporates subsidiary to explore real estate opportunities

GARL would engage in carrying out any real estate, land development and other related opportunities

15 Oct 2026 9:25 am
Bonfiglioli Transmissions collects 759 cr from anchor investors ahead of Oct 15 IPO

The company allotted 1.30 crore equity shares to anchor investors at 586 apiece, the upper end of the price band, according to a circular

15 Oct 2026 9:18 am
OpenAI vows not to use trade secrets allegedly taken from Apple

OpenAI and Apple have been at odds for months, despite a two-year-old partnership that wove ChatGPT into Apple software

15 Oct 2026 9:16 am
Aramex signs pact with GMR Airports to strengthen logistics capabilities

The two companies also explore the development of a warehousing facility in proximity to the express cargo terminal, with dedicated airside corridor access

15 Oct 2026 8:44 am
Air India Frankfurt-Delhi flight resumes journey after checks

Security sources say the AI plane landed at Jaipur after the Pilot-in-Command transmitted Code 7500 to the concerned ATC, indicating unlawful interference

15 Oct 2026 8:41 am
Ahead of IPO, Tonbo Imaging garners 255 cr from anchor investors

Investors participating in the anchor round included Goldman Sachs, BlackRock, Aranda Investments, The Prudential Assurance Company and Allianz Global Investors

15 Oct 2026 8:36 am
Aviation regulator DGCA bans use of particular power bank on flights

DGCA has prohibited carrying and using the MOBIKINS MK-PB-04 power bank due to a recent fire incident

15 Oct 2026 8:20 am
Indian stocks stare at weak opening as Korea crashes over 7%, Nikkeiplunges 4%

Gift Nifty 22,590, signals a gap down opening of about 70 points

15 Oct 2026 8:06 am
CoreWeave says market acting irrationally, stands by model

Shares slid 15% to $65.78 on Wednesday, the biggest one-day drop since February, after an 8.7% gain for the year through Tuesday

15 Oct 2026 7:59 am
Jaishankar arrives in UAE on three-day visit

Jaishankar will hold a bilateral meeting with his counterpart to review the progress of the India-UAE Comprehensive Strategic Partnership

15 Oct 2026 7:43 am
Buzzing stocks: Eyes on these 14 including LIC, Reliance, IDBI Bank, NLC India, Dr Reddys Lab, Morepen Lab, Aeroflex

Broad-based activity across state-owned and pharma stocks signals appetite for large-cap IPOs, strategic divestments, and new project wins in renewables, manufacturing, and infrastructure

15 Oct 2026 7:32 am