SENSEX
NIFTY
GOLD
USD/INR

Weather

image 26    C

World News

Business Standard

World / Business Standard

Katie Zacharia is out after 5 days as White House Press Secretary

The ouster came as Zacharia was shadowed by questions about how she had presented her legal career and handled her first press briefing

16 Oct 2026 11:49 pm
India says cheese

These makers are translating, not copying, the western varieties. One Chennai cheesemaker coats cheddar with milagai podi, a South Indian chilli-and-lentil powder

16 Oct 2026 10:25 pm
White House lists $330.5 billion in investments in the US from India

The White House listed $330.5 billion in investments from India, including a $300 billion Reliance Industries refinery project, as part of $10.871 trillion in investments in the US.

16 Oct 2026 9:52 pm
India yet to integrate environment with development planning: Nitin Desai

TERI's Nitin Desai says environmental concerns have limited influence over development policies, while experts flag climate finance challenges and weakening global cooperation.

16 Oct 2026 9:33 pm
MEA rejects Congress criticism over Jaishankar-Rubio meeting in Mumbai

The ministry said hosting foreign dignitaries in different Indian cities has been a longstanding practice, rejecting Congress claims that the US had 'summoned' Jaishankar to Mumbai

16 Oct 2026 8:32 pm
Cert-In advisory on AI calls for tighter cybersecurity controls: Experts

The government's cybersecurity enforcement agency also said most of the companies these AI models and AI agents targeted had no idea their networks had been breached

16 Oct 2026 8:25 pm
L&T Finance cautious on rural loans amid weather risks, eyes urban growth

The NBFC expects loan-book growth of over 20 per cent in H2FY27, driven by urban finance and festive demand, while monitoring crop output, rural liquidity and weather-related risks

16 Oct 2026 8:18 pm
Supreme Court to examine if court fees without upper limit amount to tax

The Supreme Court will examine whether uncapped ad valorem court fees amount to taxation while hearing a plea challenging Kerala's 2025 court fee hikes and the absence of a ceiling

16 Oct 2026 8:13 pm
India is shaping how OpenAI builds products, says CTO Vijaye Raji

Applications chief Vijaye Raji says the company is building Hindi voices and courting Indian developers and enterprises

16 Oct 2026 8:04 pm
Better execution, margin gains positive for Bhel despite valuation concerns

Bhel's Q2FY27 profit surged 119 per cent year-on-year as revenue growth and margin gains beat estimates, while a Rs 2.6 trillion order book supports future growth prospects

16 Oct 2026 7:57 pm
SC seeks Centre's response to plea for curbs on children's social media use

The Supreme Court has sought the Centre's response to a plea seeking age-based social media restrictions and safeguards to protect children from online exploitation and harmful content

16 Oct 2026 7:50 pm
China's non-tariff barriers biggest hurdle for Indian exports: Sitharaman

Finance Minister Nirmala Sitharaman says China has denied market access to Indian products despite repeated requests, while calling for a review of India's trade pact with Asean.

16 Oct 2026 7:46 pm
RapidCanvas raises $29 million in Series B round led by Vertex Ventures

The funding takes RapidCanvas' total capital raised to $52.5 million and will support expansion of its go-to-market teams, field AI engineering operations and partner network.

16 Oct 2026 7:39 pm
Gold FoFs halt fresh investments before Diwali: What investors can do

Several fund houses have suspended lump-sum purchases and new investment plans, while existing instalments and redemptions continue.

16 Oct 2026 7:31 pm
West Bengal leads as welfare schemes lift living standards: NSO study

An NSO study finds that in-kind welfare transfers helped 15.8 per cent of Indians move into higher consumption classes, with West Bengal recording the highest share among major states

16 Oct 2026 7:27 pm
India's forex reserves fall for fifth straight week to $726 billion: RBI

Rupee's gains continue, reaching over a one-month high

16 Oct 2026 7:27 pm
Fund houses halt fresh gold FoF investments, ETF channel kept open

Restrictions come amid soaring gold investments and at a cost for AMCs

16 Oct 2026 7:20 pm
India's GDP to grow 7.1-7.3% in FY27, pvt investment to revive: Deloitte

Deloitte India has raised its FY27 growth forecast from 6.5-6.8 per cent, citing sustained private demand and improving investment conditions, while flagging geopolitical risks.

16 Oct 2026 7:13 pm
Tata Steel commissions 9,067 crore facilities at Kalinganagar plant

The new facilities include galvanising and annealing lines, a slurry pipeline and an air separation unit, while the NINL expansion aims to boost steelmaking capacity in Odisha.

16 Oct 2026 7:06 pm
Global investors firm India BFSI bets with over $20 bn in deals since 2025

Major investments by Fairfax, MUFG, SMBC and Emirates NBD lead a wave of foreign capital commitments across India's banking, NBFC and insurance sectors amid regulatory reforms and strong credit demand

16 Oct 2026 7:05 pm
How to pick a car loan this festive season: EMI, tenure and prepayment tips

Cap total equated monthly instalments at 40 per cent of take-home income, choose a manageable tenure, and check prepayment terms

16 Oct 2026 6:41 pm
Raymond Lifestyle Launches The Wedding Atelier, The First Ever Collective for Luxury Wedding Planners

Mumbai (Maharashtra) [India], October 16: Raymond Lifestyle hosted a one-of-a-kind luxury gathering dedicated to the country's most celebrated bespoke wedding planners and an invitation-only soiree at The Chairman's Collection Flagship store in Bandra. Reckoned for being integral to weddings, this unique event is conceptualised to bring together over 40 of the planners behind India's extraordinary weddings, creating a rare space for collaboration, inspiration, and discovery.

16 Oct 2026 6:40 pm
EAM Jaishankar will hold talks with Marco Rubio in Mumbai on Oct 20: MEA

The discussions are expected to cover key areas of bilateral cooperation, including energy, critical energy issues, and regional and global developments, the MEA said

16 Oct 2026 6:33 pm
AI drives 70% of orders on ecom platform Meesho via personalised ranking

Meesho's AI-powered Prism drives nearly 70% of orders, while its Chorus agent handles 60% of user queries as the e-commerce platform expands AI adoption across operations

16 Oct 2026 6:28 pm
RBI approves amalgamation of Emirates NBD's Indian branches with RBL Bank

The amalgamation will take effect on December 1, 2026, following Emirates NBD's acquisition of a 60 per cent stake in RBL Bank through a Rs 26,000 crore capital infusion

16 Oct 2026 6:15 pm
FSSAI acts against Radisson Blu, e-commerce platforms over safety lapses

Food regulator flags hygiene violations at Radisson Blu, misleading claims for rice bran oil on e-commerce platforms, and suspends or cancels licences of two food businesses

16 Oct 2026 6:04 pm
IND vs ZIM live streaming: Where to watch today's women's T20I match?

India women vs Zimbabwe women 1st T20I begins at 7 pm IST on Friday, with the toss at 6:30 pm IST. Fans in India can stream the match on the JioHotstar app and website

16 Oct 2026 6:01 pm
Built Around You: How Customer Voices Are Shaping the Ai+ Smartphone Experience

New Delhi [India], October 16: Ai+ Smartphone is strengthening its customer-first approach by incorporating real user feedback into product and service improvements. Drawing insights from customer reviews, everyday device usage and after-sales interactions, the brand is addressing concerns related to camera stability, connectivity and performance through software updates, enhanced testing and more responsive customer support. This approach reflects Ai+ Smartphone's commitment to building not jus

16 Oct 2026 6:00 pm
Abhijeet Dipke, Neha Bora detained on way to 'Lehra Do Tiranga' protest

While Dipke was picked up from his home in Jhandewalan, Bora was detained in Mandi House, both in Central Delhi

16 Oct 2026 5:53 pm
Telangana woos Hyundai for car plant, seeks to fast-track 8,528 cr R&D

Chief Minister Revanth Reddy pitches Hyderabad as an ideal location for Hyundai's car plant and assures support to expedite its Rs 8,528 crore R&D facility in Zaheerabad

16 Oct 2026 5:43 pm
Retirement planning surges 50%, 80% opt for monthly contributions: Report

35% of buyers earn below Rs 5 lakh annually, 30% are self-employed and 15% are women, shows data.

16 Oct 2026 5:36 pm
DLF Q2 net profit rises 10% to 1,301 cr, revenue climbs to 2,297 cr

DLF reported a 10 per cent rise in consolidated net profit to 1,301.35 crore in Q2 FY27, while total income increased to 2,297.30 crore from 2,261.80 crore a year earlier.

16 Oct 2026 5:32 pm
Federal Bank's Q2FY27 results: Net profit rises 45% to 1,386 crore

The private sector lender reported a 26.4% rise in net interest income, a 26-basis-point expansion in margins and improved asset quality, with gross advances crossing Rs 3 trillion

16 Oct 2026 5:25 pm
Deficient monsoon rains may hit Rajasthan's kharif crop output in 2026

Rajasthan's kharif crop output is expected to decline due to deficient monsoon rains, with bajra and guar production projected to fall, while groundnut output may rise.

16 Oct 2026 5:25 pm
Iveco Group shareholders approve Tata Motors' takeover proposals

Iveco shareholders approve takeover-related resolutions, lowering the minimum acceptance threshold to 80 per cent; Tata Motors' 3.91 billion tender offer is set to close on October 26

16 Oct 2026 5:23 pm
Can AI wearables win over buyers after early setbacks? Experts weigh in

Amazon's new Bee wearables renew interest in personal AI devices, but experts say everyday utility, privacy, subscription costs and local language support will determine adoption

16 Oct 2026 5:18 pm
Coal Ministry proposes suspension of mining operations for plan violations

Draft rules allow authorities to suspend coal and lignite mining operations for violations of approved plans and require annual compliance declarations from company boards

16 Oct 2026 5:17 pm
OTT releases this week: 5 new films and shows to watch this festive season

A new lineup of OTT releases for your watchlist. From Karan Johar's Koffee with Karan and a gripping political drama to psychological thrillers and more, there is plenty to enjoy

16 Oct 2026 5:12 pm
IND vs WI 5th T20I: Bengaluru weather report and hourly rain forecast

Both India and West Indies will be looking to secure the series by winning the fifth T20I in Bengaluru, as the series is currently tied at 2-2 after four matches

16 Oct 2026 5:09 pm
IGX receives regulator approval for regas capacity booking platform

The platform will allow LNG terminal operators to list unused regasification capacity and enable buyers to book available slots, improving transparency and infrastructure utilisation

16 Oct 2026 5:06 pm
Federal Bank Q2 net profit jumps 45 pc on FCNR deposits

Federal Bank reported a 45% rise in Q2 FY27 net profit to 1,386 crore, aided by $1.5 billion raised through FCNR(B) deposits, while net interest income grew 26% to 3,153 crore

16 Oct 2026 5:04 pm
Shoppers Stop posts net profit of 3.11 cr in Q2, revenue grows 9%

Shoppers Stop reported a net profit of 3.11 crore in Q2 FY27 against a loss of 20.11 crore a year ago, while revenue rose 8.72% to 1,366.27 crore, driven by its premiumisation strategy.

16 Oct 2026 4:59 pm
India's First-Ever 500-Drum Bhakti Jamming Experience Comes to Mumbai with Maha Bhakti Rhythm Yatra

Mumbai (Maharashtra) [India], October 16: National award-winning, 8th-generation Kathak exponent Dr. Vinod Hasal, who took Kathak to South Africa in the Nelson Mandela era, invites Mumbai to leave all its stress behind at a bhakti jam with 500 drums, a djembe for every seat and loved voices from Sa Re Ga Ma Pa, Bigg Boss and Bollywood, with proceeds going towards ISKCON Kharghar's new auditorium.

16 Oct 2026 4:55 pm
UP govt to develop 1,000 acre data centre and IT hub in Bundelkhand

The proposed hub would be a part of the overarching Bundelkhand Industrial Development Authority, which is envisaged over an area of 56,662 acres

16 Oct 2026 4:55 pm
OfBusiness's AI-powered BidAssist expands reach beyond India's big cities

More than 60% of BidAssist's 1.7 million users are in Tier-II and Tier-III cities. The AI-powered platform tracks over 50,000 live tenders daily to help SMEs identify orders and assess bids

16 Oct 2026 4:47 pm
Punjab National Bank Q2 results: Net profit rises 13% to 5,532 crore

Punjab National Bank Q2 results: Net profit rises 13% to 5,532 crore

16 Oct 2026 4:47 pm
Growth moderation, valuation headwinds ahead for Nestle despite strong Q2

Nestle posted 20% revenue growth and improved margins in Q2FY27, but concerns over slowing growth, input costs and premium valuations have prompted brokerages to cut target multiples

16 Oct 2026 4:40 pm
Fairfax ropes in Deepak Parekh, Paresh Sukthankar as advisers to IDBI Bank

Fairfax proposes N S Kannan as IDBI Bank chairman, retains Rakesh Sharma as CEO and expects to close its $5.6 billion acquisition as early as the first quarter of 2027

16 Oct 2026 4:28 pm
Global digital payments to double by 2030 as new instruments gain ground

Capgemini's World Payments Report 2027 says non-cash transactions have grown nearly fivefold over the past decade, with instant payments, e-money and digital currencies reshaping global commerce

16 Oct 2026 4:20 pm
PNGRB clears IGX platform to book unused LNG regasification capacity

Oil and gas regulator PNGRB has approved a proposal by the Indian Gas Exchange (IGX) to introduce a platform for listing and booking unutilised liquefied natural gas (LNG) regasification capacity, in a move aimed at improving infrastructure utilisation and widening access to the country's gas market. The Petroleum and Natural Gas Regulatory Board (PNGRB) said the voluntary platform would allow LNG terminal operators and capacity holders to list unused capacity, enabling prospective users to iden

16 Oct 2026 4:17 pm