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.
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.
Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.
Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.
The International Monetary Fund (IMF) has increased India's growth forecast to 7 per cent for 2026-27, up from 6.4 per cent, attributing this robust outlook to resilient domestic demand and strong services activity, positioning India as one of the fastest-growing major economies.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.
Finance Minister Nirmala Sitharaman stated that the Reserve Bank of India (RBI) will persist in its efforts to prevent excessive volatility in the rupee, which has significantly depreciated against the US dollar due to global uncertainties, despite India's strong macro-economic fundamentals.
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
African digital financial services platform, Airtel Money, has successfully debuted on the London Stock Exchange, marking the exchange's largest initial public offering (IPO) in several years with an implied market capitalisation of about USD 7 billion.
Punjab Chief Minister Bhagwant Mann has condemned the murder of anti-drug activist Parvinder Singh, alias Jhota, in Mansa, assuring strict action against all involved. He also criticised opposition parties for politicising the incident. The medical store owner accused of the shooting was arrested, and public outrage led to property damage.
Senior BJP leader Rana Gurmit Singh has criticised the AAP government in Punjab following the murder of anti-drug activist Parvinder Singh alias Jhota in Mansa. Singh accused the government of failing to maintain law and order and questioned its commitment to fighting the drug menace, warning of protests.
A 35-year-old seer was found murdered in Hardoi, Uttar Pradesh, on Sunday morning. His associate has been arrested in connection with the axe attack, and police are investigating the motive behind the killing.
Despite its monumental success as a Hindi blockbuster, the Telugu-dubbed version of Hanuman Ansh has not done well.
The Indian stock market experienced a significant downturn, with the Sensex crashing over 1,000 points and the Nifty hitting a fresh 52-week low, driven by sustained selling from foreign institutional investors, the RBI's monetary policy tightening, and elevated Brent crude prices.
US President Donald Trump on Saturday suggested that Ukraine should elect a "new President" capable of negotiating a deal to end the conflict with Russia, while warning Ukrainian President Volodymyr Zelenskyy against targeting Russian oil refineries, a day after announcing a diesel fuel supply agreement with Moscow.
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.
The Supreme Court expressed dissatisfaction with the Centre's cap on anti-cancer drug trade margins, questioning why similar controls aren't applied to other medicines. The court highlighted significant markups on common drugs and medical devices, urging the government to expand its price regulation efforts and present modalities by October 27.
Mercedes-Benz India's Managing Director & CEO Santosh Iyer stated that demand continues to outstrip supply, particularly for the CLA electric vehicle, with over 1,000 orders and deliveries extending to March-April 2027. The company could have sold an additional 1,000 vehicles if supply had been adequate.
Indian stock markets closed lower, with the Sensex falling 429 points, after the Reserve Bank of India raised its benchmark interest rate for the first time in nearly four years, coupled with rising crude oil prices and persistent foreign fund outflows.
Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.
High memory costs have driven average mobile phone prices up by 15 per cent.
Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan
India's exports saw a significant 23 per cent increase, reaching USD 44.4 billion in September, while the trade deficit narrowed to USD 30.21 billion, according to recent government data.
Cricket West Indies (CWI) CEO Chris Dehring has vehemently criticised the existing revenue model for bilateral cricket series, highlighting that the West Indies receive no financial benefit from their lucrative ongoing white-ball engagement with India.
Infosys co-founder Nandan Nilekani has dismissed fears that artificial intelligence will lead to job losses in India's IT services sector, calling such concerns "hogwash" and "disaster marketing." Speaking at the Bloomberg New Economy Forum 2026, Nilekani argued that AI will actually increase demand for IT firms as it necessitates complex business transformations and creates new types of jobs, particularly in small businesses.
External Affairs Minister S Jaishankar stated that the stability of the Line of Actual Control (LAC) is essential for normalising India-China relations, asserting that border disturbances will have consequences. He connected trade and investment growth to border peace and highlighted significant economic issues, including a severe trade imbalance and lack of market access for India in China. Jaishankar also referenced the 2020 Galwan clashes as a critical turning point, underscoring the profound impact of border tranquillity on the overall bilateral relationship.
From why FIIs will return to India with 'bagfuls' to what to do if markets crash 20%, from finding the next multi-bagger to whether the battered IT sector can bounce back -- Trust MF CIO Mihir Vora's calm answers will surprise you.
Tata Sons Chairman N Chandrasekaran views the group's investment in semiconductors not as a short-term financial play, but as a critical long-term commitment to India's growth and self-reliance in a sector vital for domestic consumption and global supply chains.
Indian benchmark equity indices, Sensex and Nifty, closed higher on Monday, driven by softer-than-expected US jobs data which reduced expectations of aggressive monetary tightening by the US Federal Reserve, boosting risk appetite across emerging markets.
Thane Crime Branch arrested two individuals with 2.72 kilograms of ambergris, also known as whale vomit, valued at Rs 2.72 crore in the international market. The protected marine substance, used in luxury perfumes, was seized during a trap operation, and a case has been registered under the Wildlife Protection Act.
Kerala-born Nithya Raman is currently leading incumbent Mayor Karen Bass in the Los Angeles mayoral race following a recent televised debate. The two Democrats sparred over critical issues like homelessness and public safety. If elected in the November 3 polls, Raman would be the first Indian-American Mayor of Los Angeles.
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.
Glimpses of artisans, performers and shoppers preparing for Durga Puja and Navratri celebrations across India.
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.
Tata Consultancy Services (TCS) plans for 80% of its new hires to possess digital and Artificial Intelligence (AI) skills, anticipating that the growing share of AI-led work will significantly boost its profit margins.
Delhi Police has deployed over 6,000 personnel, 220 companies of CAPF, and an expanded CCTV network in New Delhi for the Cockroach Janta Party's proposed 'Lehra Do Tiranga' march on Friday. The march, which has not been granted permission, is planned for Central Park in Connaught Place, which will be closed. Prohibitory orders are in force, and police are prepared to take action against violators, while also offering an alternative, suitable location for a flag march to a select group.
Police in Navi Mumbai arrested a Nigerian national, Anyi Ikechukwu Darlington, and seized mephedrone and cocaine worth Rs 3.57 crore. The accused, previously arrested in a drug case, was out on bail and is now under investigation for his role in a drug distribution network.
Navigating this geopolitical minefield requires a cold-blooded blend of immediate tactical pleading, structural domestic diversification, and aggressive collective resistance, suggests Ambassador Rajasekhar.
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.
