Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Amid the ongoing protests in the national capital, the Bharatiya Udyog Vyapar Mandal (BUVM), Delhi Pradesh, has written to Prime Minister Narendra Modi, Leader of the Opposition Rahul Gandhi and Aam Aadmi Party national convenor Arvind Kejriwal, appealing for political demonstrations in the capital to be postponed until January 31, 2027, citing the festival and wedding season.
India has achieved its highest-ever annual Foreign Direct Investment (FDI) inflow of USD 94.53 billion in FY 2025-26, with cumulative FDI reaching USD 843 billion since 2014-15, announced Commerce and Industry Minister Piyush Goyal. Production Linked Incentive (PLI) schemes have also significantly boosted investment, production, exports, and job creation.
India's milk supply is struggling to keep pace with rising demand as heat, fodder shortages and low animal productivity threaten dairy production.
Jio Platforms Ltd's (JPL) public offer, valued at Rs 30,213 crore, was fully subscribed within 100 minutes of opening, making it the fastest-ever subscribed IPO in India, driven by strong institutional demand.
India's largest private-sector lender, HDFC Bank, is undergoing a significant leadership transition with several long-serving executives, including Deputy Managing Director Kaizad Bharucha and outgoing MD & CEO Sashidhar Jagdishan, set to depart, leaving incoming MD & CEO Anup Bagchi to oversee a major overhaul.
Congress leader Sachin Pilot is set to embark on a five-day visit to Punjab starting October 16, where he will meet families of gang violence victims across 11 districts. This visit aims to amplify their voices and is seen as a strategic move by the Congress to make law and order a central issue against the AAP government in the upcoming elections. Punjab Congress chief Pargat Singh also criticised the AAP government over deteriorating security and extortion threats faced by traders.
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.
The GST Council has approved a proposal allowing pharmaceutical companies to claim Input Tax Credit (ITC) on free samples and goods destroyed or written off due to expiry, effective from the next fiscal year. This move aims to support manufacturing, liquidity, and exports within the sector.
The GST Council is set to consider a proposal allowing businesses to file for GST registration in multiple states via a single application and standardise the documents required by tax officers, aiming to enhance ease of doing business.
Defending champions India, currently unbeaten in the men's hockey Pool A at the Asian Games, are set to face hosts Japan in a crucial match. Both teams have won all their games, but India holds a superior goal difference. The winner of this match will secure the top spot in the pool and a direct semifinal berth, with India's forwards showing exceptional form.
Teenaged Indian archer Kumkum Mohod made history at the Aichi-Nagoya Asian Games by winning India's first-ever women's individual recurve archery gold medal and securing an Olympic quota place. Her coach and association secretary highlight her dedication, academic inclination, and long-term goal of winning an Olympic medal, despite financial challenges.
India has issued an advisory for its nationals in Saudi Arabia, urging them to stay indoors during aerial attacks and follow local instructions, amidst ongoing tensions and drone/missile attacks by Houthi rebels. The advisory follows an attack on Riyadh airport that killed one Indian national and injured several others, leading to flight suspensions by Indian carriers.
PhonePe has announced a significant expansion plan to deepen digital payment infrastructure across India's towns and villages. This initiative includes hiring over 20,000 sales personnel and deploying more than 50 lakh payment devices, with a strong focus on rural areas, aiming to bring small merchants into the formal financial ecosystem.
Coursera found that nearly 94 per cent of employers of professionals who took micro-credential courses on the platform said these professionals could command higher salaries than their peers.
ServiceNow has launched AI Workflow Factory and Autonomous Engineer, new solutions designed to help enterprises integrate and scale AI workflows, closing execution gaps caused by legacy infrastructure. These tools aim to accelerate business operations, with Indian partners already adopting them, reflecting India's faster AI operationalisation compared to the global average.
The Delhi Police have designated three new venues for protests - Burari Ground, CBD Ground, and Ramlila Ground - after denotifying Jantar Mantar. These sites vary in size and location, with concerns raised about the impact of protests on commercial and residential areas near CBD Ground, while Burari Ground is the largest. Ramlila Maidan has a rich political history.
'These are the little cultures with which Nitesh sir works, Ranbir Kapoor works, Ravie Dubey works, Sai Pallavi, Yash... They are so inspiring when you see them work from such close quarters.'
Hundreds of Cockroach Janta Party (CJP) supporters and student activists held flash protests across Connaught Place, Palika Bazaar, and Mandi House on Friday, calling for the resignation of Chief Election Commissioner Gyanesh Kumar. The demonstrations, which included slogans, placards, and participation from student bodies and Left leaders, led to significant police deployment, disruption of commercial activity, and the detention of CJP founder Abhijeet Dipke. Police had denied permission for the planned 'Lehra Do Tiranga' march, citing prohibitory orders.
The Goods and Services Tax (GST) Council has announced that Input Tax Credit (ITC) will now be available on health and life insurance policies provided by employers to their employees, a move expected to significantly reduce costs for businesses, especially MSMEs.
'When the women of India become unstoppable, India becomes unstoppable.'
Isha Ambani, a director on the board of Jio Platforms, revealed that a failed attempt to upload a college assignment in 2009-10 due to poor internet connectivity in Mumbai sparked the idea and subsequent conversations that led to the creation of Jio.
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.
'It is possible that the attackers might have been ordered not to kill.'
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.
Wipro reported a marginal 1.40 per cent decline in consolidated net profit to Rs 3,200.6 crore for the July-September quarter of FY27, despite a 9.1 per cent increase in revenue from operations to Rs 24,752.7 crore.
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.
Telangana IT Minister D Sridhar Babu stated that Gen Z will be the driving force behind the next wave of AI and green innovation. He urged young innovators to use their skills to solve real-world challenges, particularly in sustainability. The launch of the Green Skills and Applied AI Centre of Excellence in Hyderabad, a partnership between Telangana's IT Ministry, Microsoft, 1M1B, and MeitY Startup Hub, aims to equip graduates with industry-relevant skills in AI, green pharma, solar energy, EVs, and wind energy, with 100 job offers already announced.
Jammu and Kashmir Chief Minister Omar Abdullah announced a cabinet expansion and reshuffle for early next week, urging party members not to lobby for positions as the list is finalised. He also discussed various issues with Lieutenant Governor Manoj Sinha, including the LG's health, the National Dental Commission Act, and the plight of Kashmiri pilgrims stranded in Saudi Arabia due to flight cancellations and high airfares. Abdullah also declined to comment on LAC patrolling, stating it's outside J&K's purview post-Ladakh's separation.
Elon Musk has renewed his criticism of Mukesh Ambani regarding Starlink's entry into India, accusing Ambani's supporters of hypocrisy for simultaneously claiming Starlink can't compete with low prices and that it poses a strong competitive threat. Musk argues that competition would benefit Indian consumers and that Starlink would adjust pricing if too expensive. He also shared reports alleging Reliance-funded political donations. Communications Minister Jyotiraditya Scindia stated India does not permit monopolies and that multiple players, including Starlink, have received satcom licences.
'Therefore, Beijing comes to wrong conclusions.'
An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.
A joint report by Dell Technologies and Zinnov reveals that despite high ambition, nearly 70% of India's Global Capability Centres (GCCs) are stuck at the pilot stage for AI adoption. Foundational gaps in data, infrastructure, and governance are identified as key bottlenecks preventing the scaling of AI initiatives into enterprise-wide production. The report highlights the need for significant reskilling of the workforce and robust foundations for industrialising AI responsibly.
The Indian football team, ranked 138th, achieved a commendable 1-1 draw against world No. 44 Panama in a FIFA International friendly. Ryan Williams scored for India, while Omar Valencia equalised for Panama. This result is considered a significant achievement under coach Khalid Jamil and provides a morale boost ahead of upcoming friendlies against Brazil and Uruguay.
HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.
The Cabinet Secretariat declined to act on complaints from two Election Commissioners regarding a Senior Deputy Election Commissioner's conduct, citing that the communications were in an "individual capacity" and not an official stance from the Election Commission as a whole. This decision was based on concerns about potential interference in the constitutional body's functioning.
Indian men's and women's hockey players and coaches, who won gold at the Asian Games, were felicitated by the Shivtrinetra Group with cash rewards of Rs 51,000 each on Wednesday. The felicitation aims to recognise their achievements and inspire young talent.
A new global survey by HP reveals that a majority of Indian students are concerned that while AI helps them work faster, it prevents them from learning material as deeply. Despite these worries, students remain optimistic about AI's role in future job markets and feel confident in using AI tools responsibly. The report calls for policymakers to focus on durable skills and core education.
