The Rajasthan government has approved an Anti-Corruption Bureau (ACB) investigation against senior IAS officer Shikhar Agrawal. He is accused of misusing his official position to benefit a private company, Goyal Fashions Private Limited, and causing financial losses to the state. Preliminary findings suggest Agrawal allegedly acquired properties at undervalued prices and facilitated undue benefits for the company.
Indian equity benchmark indices Sensex and Nifty rallied for the second consecutive session, driven by strong buying in IT firms and a significant boost from Tata Group's retail arm Trent following its impressive September quarter earnings.
Indian stock markets witnessed a significant rally, with the Sensex soaring 905 points and the Nifty topping 22,900, primarily driven by strong buying in banking and FMCG shares, coupled with easing crude oil prices and a US Fed rate pause.
Multiple borrowings and weak cash flows are causing repayment delays among gold loan borrowers.
The United Forum of IDBI Officers and Employees has strongly opposed the proposed sale of a majority stake in IDBI Bank to Canada-based Fairfax Financial Holdings, demanding an immediate suspension of the process and a comprehensive review under parliamentary scrutiny.
A report in the Reserve Bank of India's (RBI's) monthly bulletin suggests that satellite-based night-time lights data and Google search trends can significantly improve quarterly economic growth estimates for Gujarat, Maharashtra, and Karnataka, reducing errors by up to 62 per cent.
Finance Minister Nirmala Sitharaman clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers, and aims to support banks and fintech in infrastructure investment. She countered Congress leader Jairam Ramesh's claims, stating that a committee will decide on MDR only after Parliament passes the Taxation and Other Laws (Amendment) Bill, 2026, a process currently stalled by parliamentary disruptions.
Robert Downey Jr's son Indio is set to make his mark in Hollywood with his first lead role in the independent film Love In Vein.
The rise in loan sizes reflects both higher vehicle prices and a shift from entry-level cars to SUVs.
Indian benchmark stock indices, Sensex and Nifty, rebounded significantly after a four-day losing streak, driven by value buying and strong performance in metal, telecommunication, and healthcare sectors.
The RBI can slow the rupee's fall, but lasting stability depends on tackling the root causes of depreciation and attracting foreign investment.
A Bangladesh opposition leader, Nahid Islam of the National Citizen Party (NCP), has issued warnings against facilitating an Indian transit corridor through Bangladesh and called for a fair renewal of the Ganges water-sharing treaty, which expires in December. His remarks were made at a rally in Dhaka, where he also criticised the current government. The allegations about the corridor follow Prime Minister Tarique Rahman's recent visit to Japan, which focused on economic cooperation and regional connectivity, though Bangladesh officials deny discussing third-country issues. India has also expressed interest in strengthening regional linkages with Japan involving its northeastern states.
Workday, a global HR tech major, has unveiled its new AI platform, Sana, designed to automate human resources and finance functions. Chairman and CEO Aneel Bhusri stated that AI is likely to replace low-cost, outsourced jobs due to increased productivity, rather than leading to jobs moving out of first-world countries. The platform uses AI agents for tasks like payroll and compliance, and Workday has acquired C1.ai to manage access rights for these agents. Bhusri emphasised that AI should augment humans, redefining roles rather than replacing them entirely.
HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.
India has invited all 10 Shanghai Cooperation Organisation (SCO) member nations, including Pakistan, to the inaugural Civilisational Dialogue Forum in New Delhi from November 20 to 22. Defence Minister Rajnath Singh had announced this initiative earlier, aiming to strengthen cultural ties and mutual understanding among SCO countries. The forum will also address the collective fight against terrorism, a key concern for India.
Union Home Minister Amit Shah announced on Friday that the BJP would implement the Uniform Civil Code (UCC) in Uttar Pradesh if it returns to power in the upcoming assembly elections. Addressing a state working committee meeting, Shah expressed confidence in the BJP's victory, criticised opposition parties on issues like the Ram temple and alleged voter list irregularities, and highlighted the Adityanath government's achievements in law and order and development.
Anup Bagchi has officially taken over as the managing director and chief executive of HDFC Bank, becoming the first outsider to lead the institution in its three-decade history. He steps into the role facing significant challenges related to core income growth and margins, and will focus on completing the merger with HDFC and engaging with stakeholders.
RBI Deputy Governor Poonam Gupta stated that India's economic growth momentum remains strong despite various global and domestic shocks, attributing this resilience to a diversified growth base and improved policy responses. She highlighted the economy's 7.8 per cent growth in Q1 and continued momentum into Q2, suggesting potential upgrades to growth forecasts.
Directorate of Revenue Intelligence (DRI) officers seized over 9 kg of methamphetamine in Bhopal and arrested one person. The seizure occurred after intercepting a bus passenger travelling from Delhi to Bengaluru.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
Canadian billionaire Prem Watsa's Fairfax Financial Holdings will utilise the expertise of Deepak Parekh and Paresh Sukthankar, former HDFC leaders, as it moves to acquire a 60.72 per cent stake in IDBI Bank for 52,878 crore, with N S Kannan proposed as chairman.
Engineering conglomerate Larsen & Toubro (L&T) announced a significant 32.5 per cent increase in consolidated net profit, reaching Rs 5,202.10 crore for the quarter ended September 2026, driven by robust revenue growth and a 28 per cent surge in order inflows.
'You want the main man, and you cannot even bring him to Mumbai, where he has allegedly carried out a high-profile shootout.'
Indian benchmark equity indices, Sensex and Nifty, ended sharply lower, with the Sensex tumbling 876.37 points and the Nifty dropping below 22,900, primarily due to a decline in private bank stocks like HDFC Bank and Axis Bank, alongside weak global market trends.
AIADMK chief Edappadi K Palaniswami has criticised Tamil Nadu Chief Minister C Joseph Vijay for his silence regarding a multi-crore international drug racket operating along the state's coastline. Palaniswami questioned if the racket was happening with the ruling TVK's knowledge, citing a recent 137 kg crystal methamphetamine seizure by the DRI and the alleged involvement of a TVK functionary. He demanded a comprehensive explanation from the Chief Minister.
'Once this entire AI and tech driven euphoria in the Western markets sees a correction there will be a re-evaluation of the Indian equity market and inflows will resume.'
'It is not the market that is a competitor to SIPs . It is your lifestyle.'
Indian stock markets witnessed a significant rebound, with the Sensex rallying 1,109 points and the Nifty closing above 22,720, driven by strong performances in IT and financial sectors, a recovering rupee, and Finance Minister Nirmala Sitharaman's comments on long-term capital gains (LTCG) tax.
AI-managed services firm RapidCanvas, with a significant employee base in India, announced on Friday that it has raised USD 29 million (approximately Rs 275 crore) in Series B funding. The round was led by Vertex Ventures SEA and India, with participation from Hitachi Ventures and existing investors. The company plans to use the funds to expand its go-to-market teams, partner network, and grow its employee base and engineering teams in India, the US, and Brazil, while also investing in product development.
India's venture capital equity funding for startups has remained largely flat over the past three years, with a slight increase in total funding but a sharp decline in the number of rounds, indicating a concentration of capital in fewer, larger deals, particularly in deeptech and AI sectors.
'The restrictive monetary limits under FAST-DS may prevent a significant number of taxpayers from regularising their undisclosed foreign assets.'
Punjab's Finance, Excise and Taxation Minister Harpal Singh Cheema announced the unearthing of a Rs 429.30 crore GST fraud, leading to an FIR in Ludhiana. The investigation, initiated after intercepting a vehicle on September 30, revealed a syndicate of 62 interconnected firms across multiple states using non-genuine documents to evade taxes.
A 27-year-old financial content creator, V Harish, known as 'Finance With Harish,' died by suicide in Chennai, prompting police to investigate allegations of cyberbullying related to his investment advisory credentials.
The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.
Pakistan and the European Union have agreed to enhance their cooperation in combating terrorism across all forms. This commitment was solidified during the 10th Pakistan-EU Bilateral Counterterrorism Dialogue in Islamabad, where both sides condemned terrorism and discussed evolving threats, including those in cyberspace. They also expressed concern over the security situation in Afghanistan and pledged to work together in multilateral forums.
'In the past, when the Indian markets have been flat for two years, the next year's returns have ranged between 5 per cent and 55 per cent.'
It is too early to judge whether the CJP will become a consequential political movement or remain a moment of protest. Its significance will depend less on the size of crowds or the reach of online campaigns than on what follows when the initial excitement subsides, notes Manoj Mohanka.
The Congress party has questioned the Modi government's decision to defer the Merchant Discount Rate (MDR) on UPI transactions, alleging a potential "U-turn on the U-turn." Congress general secretary Jairam Ramesh highlighted previous denials by the finance minister regarding MDR imposition, only for it to be announced later and now deferred. He expressed concerns about future charges on UPI transactions.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
Indian benchmark indices Sensex and Nifty opened higher, extending their previous session's rally, driven by a decline in global oil prices, despite continued selling by Foreign Institutional Investors.
