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.
Indian benchmark indices Sensex and Nifty rebounded in early trade after two days of losses, driven by easing crude oil prices and strong buying in blue-chip IT stocks, despite continued global uncertainties. Track Sensex, Nifty on September 30.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by elevated crude oil prices due to ongoing West Asia uncertainty and substantial foreign fund outflows. Track Sensex, Nifty on September 29.
'We expect the Indian delegation to flag New Delhi's worries and elaborate on its standpoint on the Russia-linked tariff as well as the Section 301 investigation into overcapacity.'
'Read the prospectus as a capital allocator deciding whether the business deserves your capital at the offered price.'
The directive comes amid concerns over steep mark-ups on medicines and medical consumables sold at hospital pharmacies.
US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
French President Emmanuel Macron criticised unnamed foreign leaders, including Donald Trump and Benjamin Netanyahu, for making "stupid comments" and exploiting recent domestic unrest in France for their own political campaigns. Speaking in Doha, Macron condemned the use of misinformation and AI-generated content to misrepresent the situation, asserting there was no foreign interference in the events but manipulation of information afterwards. He specifically called out Trump's claims about France being "under siege" and Netanyahu's assertion of an "invasion of extremist Islam."
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
Punjab BJP chief Kewal Singh Dhillon met the family of slain anti-drug activist Parvinder Singh Jhota, demanding a CBI investigation into his murder. Dhillon appealed to Punjab residents to protest the AAP government by wearing black, alleging its failure to curb the drug menace and protect activists. Jhota was shot dead on October 13, and his family refuses cremation until justice is served.
Security personnel in Bahraich, Uttar Pradesh, seized 1,275 bottles of codeine-based cough syrup suspected of being smuggled into Nepal. A 23-year-old man was arrested after his car was intercepted during a joint operation by the SSB and UP Police. The consignment lacked proper documentation, and an investigation is underway to trace the supply chain and identify the smuggling network.
Mumbai Police conducted a two-day anti-narcotics operation, seizing drugs worth Rs 15.87 crore, arresting 21 absconding accused, and registering 72 cases. The drive, part of the 'Drug-Free Mumbai' and 'Nasha Mukt Bharat Abhiyan' campaigns, also saw the invocation of MCOCA against a drug syndicate and the demolition of illegal structures.
Palghar police have appealed to victims of a ponzi scheme run by Rich 2 Money Private Limited to register complaints. The Economic Offences Wing has identified 48 defrauded investors, losing Rs 5.91 crore, with the company promising high returns on investments in share markets and F&O trading.
Mahindra introduces the XUV 3XO ZNG, a compact SUV with a factory-fitted twin-cylinder CNG setup that aims to overcome common compromises in performance, drivability, and boot space. This first drive review highlights its turbocharged engine, clever packaging, refined performance, and robust ride quality, positioning it as a strong contender in the CNG SUV market.
A member must generally have completed 12 months of EPF membership to use the facility.
Analysts predict that the Reserve Bank of India's interest rate decision, crude oil prices, and global bond yields will be the primary factors influencing the Indian stock market this week, alongside macroeconomic data and foreign investor activity.
'India should not trade away its energy security for temporary tariff relief. Neither signing a trade agreement nor stopping Russian oil purchases can protect it from future US action.'
'This incident will send a wave of fear through the entire Bollywood community.'
Shaque: Trust No One has a promising mystery and enough juicy red herrings to keep you guessing, but its convenient writing and dated clichs eventually derail the show.
The Securities and Exchange Board of India (Sebi) has swiftly barred Copthall Mauritius Investment and Mansi Share & Stock Broking from the securities market for alleged manipulative trades during the closing auction session (CAS) on Sensex expiry. The regulator has also directed the impounding of wrongful gains totalling 3.67 crore from the two entities.
Former England all-rounder Samit Patel has called for patience and support for Indian teenage batting sensation Vaibhav Sooryavanshi, highlighting his immense talent and the need for Indian cricket to nurture him without undue pressure.
The US announced a 60-day pause on sanctions against Russia and tariffs on other countries, including India, to analyse the global economic impact. This decision, made via an executive order by Trump, has drawn significant criticism from both Republicans and Democrats, who had previously passed the Lindsey O. Graham Sanctioning Russia and Iran Act. US officials stated the waiver allows for assessment of global energy pressures and European allies' refusal to impose secondary sanctions on Russian oil buyers.
Amritsar police have successfully dismantled a cross-border arms and explosives smuggling module, arresting five individuals, including a father and son. Authorities recovered a .30 bore assault rifle, two hand grenades, and 13 foreign-made sophisticated pistols, along with 25 live cartridges. The module was reportedly in contact with a foreign-based smuggler, using drones for consignments.
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.
Manipur police have arrested 13 individuals, including a juvenile, for allegedly circulating and monetising non-consensual sexually explicit content, including child sexual abuse material, on Telegram. The arrests were made across Bishnupur, Imphal West, and Kakching districts as part of 'Operation Dignity', with 14 mobile phones seized and over 150 channels identified.
Six professors from Swami Ramanand Teerth Marathwada University (SRTMU) in Nanded have secured a patent for a 'Handheld Script Translation Device'. This innovation aims to overcome language barriers caused by different writing systems, allowing users to understand scripts they are unfamiliar with, even if they know the language. The device is expected to particularly benefit Marathi readers and researchers by making historical and cultural texts more accessible.
The Enforcement Directorate has made its sixth arrest, Mukesh Kumar Pukhraj Jain, in a pan-India cyber fraud and digital arrest case involving transactions worth Rs 30,000 crore. Jain is accused of acting as an RTGS agent for the criminal network. The probe, initiated by a Goa Police FIR, uncovered a vast money laundering operation across 20 states, with funds converted into foreign currency and linked to numerous shell companies.
British Prime Minister Andy Burnham's past meetings with Manchester City chairman Khaldoon Al Mubarak have come under scrutiny following criticism of Burnham's initial response to the club's financial rule breaches.
The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.
The Indian Navy has commissioned INS Mangrol, its third anti-submarine warfare shallow water craft (ASW-SWC), in Mumbai. Built by Cochin Shipyard Limited, the vessel is designed to enhance India's ability to detect and counter submarine threats, especially in shallow coastal waters. Its induction is seen as vital amidst rising geopolitical tensions and increased submarine activity in the Indian Ocean, reinforcing India's indigenous shipbuilding capabilities and maritime security.
Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.
Following astronaut Shubhanshu Shukla's historic visit to the International Space Station, a significant surge in interest for space science careers is observed among Indian students. Srimathy Kesan of Space Kidz India highlights this shift from traditional fields like engineering and medicine, while Nobel laureate Didier Queloz emphasises the crucial role of curious young scientists in shaping the future.
India's merchandise exports increased by 19.63 per cent to USD 44.24 billion in July, primarily driven by petroleum products, while a significant rise in imports pushed the trade deficit to a six-month high of USD 31.98 billion.
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.
This week's OTT releases offer a diverse selection across various streaming platforms.
Karnataka authorities conducted a three-day statewide crackdown on illegal diversion of subsidised Public Distribution System (PDS) foodgrain, seizing 5.65 lakh kg of rice and 24 transport vehicles worth a total of Rs 4.76 crore. Six criminal cases have been registered against nine individuals, and two officials have been suspended for dereliction of duty.
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.
The AIADMK suffered a significant blow in the recent Madurantakam and Dharapuram by-polls, seeing a sharp decline in its traditional vote base. The party came in a distant third in both seats, which were previously its strongholds, raising concerns about its leadership, strategy, and future in Tamil Nadu's political landscape, especially with the rise of the TVK.
Indian benchmark stock indices, Sensex and Nifty, rallied significantly, with Sensex jumping over 1,500 points and Nifty reaching a nearly three-week high, driven by strong buying in banking, IT, and Reliance Industries stocks, alongside easing crude oil prices.
