Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
'Separate needs from wants and minimise discretionary spending.'
After a significant 9.9% depreciation in FY26, the Indian rupee has shown comparative stability in the first half of FY27, depreciating by only 1.1%, attributed to regulatory interventions and measures to attract foreign capital, despite ongoing global pressures from rising crude oil prices and foreign investor outflows.
The BJP has accused Shiv Sena (UBT) MP Sanjay Raut of creating a fake audio clip using AI, alleging a Rs 500 crore payout to Maratha quota leader Manoj Jarange. The BJP claims Raut orchestrated the conspiracy to push Rahul Gandhi's agenda and create rifts among ruling allies. Raut, however, claims a BJP MLC leaked the clip due to internal party competition. Maharashtra CM Fadnavis has ordered a forensic probe into the audio clip.
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.
The Sports Ministry conducted a review of India's Asian Games performance, scrutinising the lower-than-expected medal haul in athletics and badminton. Chaired by Sports Minister Mansukh Mandaviya, the meeting addressed issues like injured athletes and future planning for the 2028 Los Angeles Olympics, with a strong emphasis on federations delivering results and nurturing young talent.
The Central Bureau of Investigation (CBI) arrested a superintendent of the CGST and Central Excise Commissionerate in Bhopal for allegedly accepting a Rs 2 lakh bribe. Rajesh Kumar was caught red-handed after demanding a monthly bribe from a firm's proprietor to not obstruct their scrap business. Searches at his residences uncovered Rs 72.50 lakh in cash and property documents.
A new study by the Leibniz Institute for Food Systems Biology reveals that higher atmospheric carbon dioxide levels significantly alter the protein composition of wheat. This change impacts baking quality and the tolerability of wheat products, with increased amylase/trypsin-inhibitors and decreased gluten proteins observed under elevated CO2 conditions. Researchers emphasise the need for crop adaptation focusing on quality characteristics.
Sanju Samson continued his superb form with the bat, smashing a blistering 67 off 33 balls to power India to their highest chase in T20 cricket, overcoming a mid-innings stumble for a four-wicket win in the series-opener against New Zealand.
Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.
Jammu Police arrested three individuals, including a police follower, in two separate operations, recovering heroin and country-made pistols. The arrests highlight the ongoing efforts to combat drug trafficking and illegal arms in the region.
Leading private banks in India, including HDFC Bank, ICICI Bank, and Axis Bank, experienced a decline in net interest margins (NIMs) during the second quarter of the financial year due to significant deposit mobilisation under the Foreign Currency Non-Resident (Bank), or FCNR (B), scheme. However, banks anticipate a recovery in margins in the coming quarters as these funds are deployed and the interest-rate cycle supports lending yields.
The Reserve Bank of India's recent measures, including a dedicated dollar window for state-run oil marketing companies and tightened foreign exchange derivative rules, are expected to provide near-term relief to the rupee's depreciation, but market participants believe global factors and balance of payment dynamics will continue to exert pressure in the medium term.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, with the Sensex surging over 700 points, driven by a decline in crude oil prices, easing concerns over Federal Reserve tightening, and the appointment of Anup Bagchi as the new MD and CEO of HDFC Bank.
The Reserve Bank of India's Monetary Policy Committee (MPC) has indicated that rate cuts are improbable in the near term, with headline inflation projected to reach 6 per cent in the third quarter. Minutes from the October meeting reveal growing concerns among members about inflation spreading beyond food and fuel, leading to a shift in policy stance towards calibrated tightening.
Saudi Arabia will conduct the preliminary investigation into the Omani co-pilot who attempted to crash flydubai flight FZ1073, after the Tel Aviv-bound plane was forced to make an unscheduled landing at Tabuk Airport.
Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.
The Sports Ministry is set to review India's performance at the recent Asian Games on October 13. The focus will be on the underwhelming results of experienced athletes in sports like badminton, shooting, and athletics.
Researchers from IIIT-Delhi and MS Swaminathan Research Foundation have developed SICKLE, a multi-satellite dataset designed to enhance AI systems' ability to monitor crops, identify growth, and estimate yields across vast agricultural areas. This dataset combines satellite imagery with field-level information, enabling machine learning models to understand various aspects of crop cultivation and predict key parameters like phenology and productivity.
'Existing borrowers who have surplus cash should make partial loan prepayments to offset the impact of rising EMIs and reduce the overall interest burden.'
Indian equity benchmark indices, Sensex and Nifty, extended their losses for a second consecutive day, driven by elevated crude oil prices, persistent foreign institutional investor (FII) outflows, and high US Treasury yields.
The Sports Ministry has rescheduled its review meeting with National Sports Federations to October 15 to discuss India's performance at the recently concluded Asian Games. The focus will be on the underwhelming show of experienced athletes in sports like badminton, shooting, and athletics, following a lower medal count compared to the previous edition.
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.
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.
Indian IT stocks have experienced their most significant weekly surge in 18 years, with the Nifty IT index climbing 11.72 per cent, as a global sell-off in AI-linked equities redirected investor attention towards India's IT services sector. This shift aligns with a JP Morgan report identifying India as a 'natural AI hedge' due to its large, liquid market and strong domestic institutional investor base.
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
A woman, her son, and daughter were arrested in Odisha's Kendrapara district for allegedly murdering the husband, who was an alcoholic and frequently assaulted his family. The trio reportedly strangled him to death after he attacked his wife on Wednesday night.
Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.
A country that makes the isotope sets the timetable for everyone who needs it.
Indian benchmark indices, Sensex and Nifty, experienced a significant drop in early trade, with the Sensex falling over 600 points, primarily due to crude oil prices surging past the USD 100 per barrel mark and weak global market trends. Track Sensex, Nifty on September 24.
The Reserve Bank of India's Monetary Policy Committee (MPC) has commenced its three-day meeting, with a majority of economists and bankers anticipating a 25 basis point rate hike to counter escalating inflation risks, particularly from West Asia conflicts.
Give your cold coffee a delicious pep up with peanut butter!
India may turn to Bhuvneshwar Kumar and Kuldeep Yadav for the series-deciding T20I against West Indies as they look to strengthen their bowling attack.
Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.
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.
The United States military has developed fresh strike options against Iran that include the potential use of the GBU-43/B Massive Ordnance Air Blast (MOAB), widely known as the "mother of all bombs", to target energy infrastructure and nuclear sites, CNN reported, citing multiple US officials familiar with military planning discussions.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the Reserve Bank of India's (RBI) recent repo rate hike and its signal for continued monetary tightening, coupled with rising crude oil prices and foreign fund outflows. Track Sensex, Nifty on October 8.
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.
Indian benchmark stock indices, Sensex and Nifty, rebounded on Friday, driven by value buying in banking, oil & gas, and auto shares following recent sharp losses. The Sensex climbed 315.20 points to settle at 73,895.74, while the Nifty rose 77.40 points to 23,140.50.
