Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track
A new Rs 6,000 crore integrated phenol and acetone plant, India's largest, has been inaugurated in Haldia, West Bengal. Developed by Adperma Private Limited, a subsidiary of Haldia Petrochemicals Limited (HPL), the facility aims to reduce India's reliance on imported industrial chemicals and boost the domestic specialty chemicals sector. West Bengal's Chief Minister announced a new industrial policy following the inauguration.
Indian benchmark indices Sensex and Nifty traded lower in early sessions due to profit-taking and significant foreign institutional investor (FII) outflows, despite strong performance from IT stocks like Tech Mahindra. Track Sensex, Nifty on October 16.
Aerospace major Embraer and the Mahindra Group have identified Nagpur as a potential manufacturing hub for the C-390 Millennium military transport aircraft, should their bid for India's multi-billion-dollar Medium Transport Aircraft (MTA) deal be successful. This strategic partnership aims to establish a localised production and support ecosystem in India, aligning with the 'Make in India' initiative and strengthening the country's indigenous aerospace capabilities.
Beijing published the world's first global framework for vocational standards. If India does not act swiftly, it will be compelled to certify its workers by someone else's rulebook, cautions Abhay Jere, ex-Vice Chairman, AICTE.
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.
Preeti Lobana, Google India VP, stated on Wednesday that Google views AI as an "economic equaliser" and a democratic technology. Speaking at Google Cloud Day, she highlighted AI's potential to empower businesses, especially SMEs, in India's journey towards Viksit Bharat 2047. Google has committed USD 15 billion to scale India's digital and AI infrastructure, including an AI hub in Visakhapatnam, to support the IndiaAI Mission.
The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.
A CII white paper released Thursday outlines a strategy for India's media and entertainment sector to achieve a USD 100 billion valuation by the early 2030s, requiring an annual growth rate of 15 per cent and significant policy reforms. The paper identifies key areas for growth, including broadcasting reform, anti-piracy measures, and investment in regional markets.
Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.
Indian boxer Lovlina Borgohain paid tribute to veteran actor Nana Patekar, who died at 75 on Thursday in Goa due to cardiac arrest. Borgohain expressed her sadness and the unfulfilled dream of meeting him, calling his passing a huge loss for the Indian film industry.
'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.'
Railway Minister Ashwini Vaishnaw announced the approval of the north corridor of the bullet train project by Prime Minister Narendra Modi, highlighting its 'Make in India' aspect and potential to transform lives. The corridor will connect major cities from Delhi to Guwahati, significantly reducing travel times. Vaishnaw also launched new Vande Bharat Sleeper Express and MEMU services in Varanasi, while criticising previous governments' railway budgets for Uttar Pradesh.
'These attempts to intimidate people will not be tolerated, and we will put an end to this hooliganism.'
'When I bring up Birds On Ice, people think it is a documentary because there's no other fictional film set in the winters in Ladakh.'
'The close collaboration between Pakistan and China, and the assistance Pakistan receives, is a factor in our planning, and the IAF is building its capacity to counter precisely such collusive threats.'
Indian benchmark indices, Sensex and Nifty, experienced a sharp decline, with the Sensex tumbling 1,247.71 points and the Nifty settling below 23,100, primarily driven by a significant spike in crude oil prices and weak global market trends.
A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.
The model from Kodumon, Kerala, walked the Victoria's Secret runway twice, sharing the stage with supermodels Gigi Hadid, Bella Hadid, Irina Shayk and Alessandra Ambrosio.
Union Road Transport Minister Nitin Gadkari has dismissed criticism against blending 20 per cent ethanol in petrol fuel as a 'paid campaign'. He highlighted that millions of vehicles are already running on E19-20 blends without widespread issues. Gadkari also addressed concerns about highway quality, promising improvements within two years and detailing plans for monitoring and penalising contractors. He further elaborated on the economic impact of infrastructure development and the expansion of India's highway network.
Air Chief Marshal AP Singh stated on Sunday that the Indian Air Force's Operation Sindoor demonstrated its capability to strike targets across the Western front, serving as a warning to adversaries. He highlighted the operation's validation of the IAF's capability-centric approach, indigenous weapon systems, and commitment to zero collateral damage, while also outlining the force's long-term vision for 2047 to become a multi-domain aerospace power.
Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
The Supreme Court has strongly criticised the Centre and pharmaceutical manufacturers over the significant disparity between the Maximum Retail Price (MRP) of medicines and their price to retailers, questioning the justification for such high margins and the perceived ineffectiveness of the National Pharmaceutical Pricing Authority (NPPA). The court reserved its verdict on petitions seeking strict price control and prevention of unethical overpricing of essential medicines.
Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.
Both gold and silver investments have proved profitable in the last few years; however, there has been a marked difference in their behaviour. While gold has mostly provided smooth sailing, silver has seen volatility due to its strong association with industrial demand. In this scenario, a monthly SIP analysis provides insights into how both these investments have done over the years. An SIP differs from a lump-sum investment by making purchases at varying price levels, thus changing the overall yield dramatically.
Indian benchmark indices, Sensex and Nifty, extended their rally in early trade, driven by strong buying in bank stocks, Reliance Industries, and positive global cues, despite foreign institutional investors offloading equities.
US Secretary of State Marco Rubio kick-started a three-day visit to India on Tuesday to advance bilateral ties in energy, trade and investment, defence, critical technologies, and exchange views on the West Asia crisis.
He informed me that on the first day of any shoot, he always questioned the director on the shot and their taking. If they got intimidated and accepted his suggestion without argument, he would continue offering advice through the making of the film.
Singing sensation Arijit Singh is set to celebrate two decades in the Indian music industry with an ambitious nine-city India Tour in 2027.
Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.
TCS chief executive and managing director K Krithivasan stated that the US is unlikely to target tech companies based on their domicile, with actions like the recent green card application programme suspension being driven by local sensitivities around jobs.
Jio Platforms' initial public offering has shattered global records by receiving over one crore applications, underscoring immense investor confidence in the company's ambitious plans for technology, AI, and cloud services, with the IPO subscribed almost seven times overall.
From stealing hearts as Malar in Premam to delivering a powerhouse performance in Gargi, Sai Pallavi has built a career that proves there's far more to stardom than glamour and conventional beauty.
New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
Indian benchmark indices Sensex and Nifty extended their rally for a second consecutive session, driven by a decline in Brent crude oil prices below USD 100 per barrel and strong buying in banking stocks and Reliance Industries.
Ministry of Information and Broadcasting Secretary Chanchal Kumar outlined the critical factors for the media and entertainment sector's next growth phase, including robust intellectual property, sustainable revenue models, and disciplined investments. Speaking at the CII Big Picture Summit, he emphasised the government's role in fostering an environment for creative enterprises and addressing challenges posed by digital platforms and AI. The CII White Paper also projected a USD 100 billion Indian M&E sector, advocating for stronger IP and regulatory reforms.
The Indian Institute of Management Ahmedabad (IIMA) has opened applications for the second batch of its two-year Blended MBA Programme in Business Analytics & Artificial Intelligence (BPGP: BA & AI). The programme, offered by the Krishnamurthy Tandon School of AI, aims to develop professionals who can integrate AI technology with management principles, addressing the industry's need for leaders capable of driving transformation and managing complex IT infrastructure, including data centres.
Jio Platforms, the digital arm of Reliance Industries Ltd (RIL), is launching its initial public offering (IPO) with a price band of 1,065-1,119 a share, aiming to make RIL a net-debt-free company and create long-term shareholder value.
The Defence Acquisition Council, led by Defence Minister Rajnath Singh, has approved the procurement of military hardware worth an estimated Rs 1.10 lakh crore for the Indian Army, Navy, and Air Force. This significant move aims to enhance India's combat prowess and reduce dependency on foreign vendors, with approximately 98 per cent of procurements sourced from Indian industry.
