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Showing posts from October, 2026

Apple reclaims world's most valuable company title as Nvidia slips amid AI investment concerns

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Apple has reclaimed the position of the world's most valuable company, surpassing Nvidia amid rising concerns. Both companies have seen their stock prices decline, with Apple falling 1.2 percent and Nvidia 4.2 percent. Significant investments in artificial intelligence by major firms have raised questions regarding long-term sustainability. Apple's limited capital expenditure on AI compared to rivals has attracted investor interest and boosted free cash flow projections. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ShB7uvo

AAIB for better coordination between civil, defence aviation authorities

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Indigenous bullet train B28 undergoes 'squeeze test'

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Hello Kitty's spy drama lands in hot water: What went wrong with Sanrio in China

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Sanrio has come under fire in China for its collaboration with the Japanese drama VIVANT, which many viewers found offensive. The show's depiction of a fictional Chinese intelligence agency apprehending Japanese spies has ignited fierce online backlash. In response to the criticism from the public and state media, Sanrio's Chinese branch announced it would end the partnership, highlighting the hurdles international companies endure due to ongoing Sino-Japanese tensions. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HcTmo3G

Noel seeks greater scrutiny of investments by Tata Sons

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On debut, Jio 2nd most valuable company, behind only parent Reliance Industries

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Jio Platforms successfully listed its shares at a premium price of Rs 1,358 on debut day. The stock surged to Rs 1,419, resulting in a market capitalisation of Rs 13.1 lakh crore. The listing also elevated the RIL group to the top of India's most valued business houses. Jio’s IPO was oversubscribed more than 22 times, indicating strong investor interest. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7lInHot

US Federal Reserve keeps rates unchanged, leaves door open to further hikes

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India open to free, fair trade with China: Piyush Goyal

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India would have grown 8% but for external shocks: RBI

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Blackstone’s GCC in Bengaluru anchors fresh $50bn India plan

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Banking to become more dependable in next decade: PM Modi

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Noel challenges Chandrasekaran’s reappointment

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West Asia crisis: Government ready with energy, fertiliser stocks

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Keeping all data centres sovereign, says RBI governor

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Banks pass on rate hikes, but go slow when rates fall; RBI study finds

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A recent study by the RBI indicates that banks are more responsive to interest rate hikes than to cuts. Specifically, banks relayed 76.4% of repo rate increases, while only 64% of reductions were passed on. Amid periods of tightening, lending rates surged significantly, in contrast to the minimal decreases observed during easing. This research highlights the intricate dynamics of interest rate adjustments, particularly affecting sectors like MSMEs. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WqTcsyg

Stock market outlook: Fed meeting, crude & more - top cues guiding Dalal Street this week

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As Dalal Street braces for a pivotal week, key earnings reports and the impending US Federal Reserve interest rate decision are grabbing attention. Investors are eagerly anticipating the September industrial production and manufacturing figures, set to be released on October 28. Moreover, Jio Platforms' stock market entry promises to sway investor sentiment. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/PK0STib

France’s economic woes: Debt nears 122% of GDP, growth forecast at just 0.4%

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France is grappling with severe economic challenges, marked by soaring public debt nearing 122% of GDP. With government expenditure exceeding 57% of the nation's economic output, the forecast of just a 0.4% growth raises concerns over financial stability. Protests centered on the rising cost of living showcase deeper political fractures. As the presidential succession nears, the economy stands as a pivotal issue for the electorate. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/9QDfrbW

US Fed expected to hold rates as inflation, energy costs weigh ahead of midterms

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The US Federal Reserve is expected to keep interest rates unchanged in its upcoming meeting next week. Analysts suggest this decision comes despite ongoing inflation pressures and looming midterm elections. The Federal Reserve has struggled to meet its long-term inflation target due to rising prices affecting multiple sectors. Heightened energy costs after global conflicts are contributing significantly to inflation pressures. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xm976ty

German companies looking for business opportunities: Piyush Goyal

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Talking to reporters during his visit to Germany and The Netherlands with a delegation of Indian businesses and startups to explore opportunities in trade, investment and industrial cooperation, Goyal said German companies had publicly announced investments worth $7.4 billion in India with some of these already materialising. He said India could also emerge as an important export base for automobiles. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KOPzxir

PHP security flaws trigger global scramble; CERT-In flags vulnerabilities

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Google Cloud executives Chris Betz, chief information security officer, and Raluca Ada Popa, head of Gemini Security at Google DeepMind, said PHP and cybersecurity firm Wiz Research disclosed the two vulnerabilities after research that used multiple AI models to identify and help remediate them. Google Cloud said its own infrastructure was not vulnerable, but warned that customers running PHP applications on the platform could be exposed from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xC5G6TZ

Carmakers look to Diwali to rev up sales

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Maruti Suzuki, Hyundai Motor India and Tata Motors Passenger Vehicles — among the country’s top players, together accounting for two-thirds of PV sales — have reported strong bookings and deliveries during Navratri, raising hopes that demand will hold up through Diwali. However, FADA reported a 22% year-on-year decline in PV retail sales during Navratri to 1,82,728 units from 2,34,004 units in 2025. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/kL5p6Sx

Hotel tariffs in Delhi, Mumbai top Rishikesh, Ranthambore

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Leading hospitality consulting firm Hotelivate’s recently released trends & opportunities report for 2026 shows average revenue per available room (RevPAR) for Delhi at Rs 9,811; Mumbai Rs 9,761; Ranthambore Rs 9,649 and Rishikesh Rs 9,583 in FY 2025-26. In the previous fiscal, the top four positions were Ranthambore (Rs 0,059), Rishikesh (Rs 9,493), Mumbai (Rs 9,458) and Delhi (Rs 8,846). from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/uhAQds1

Wall Street climbs as healthcare stocks hit record, oil prices ease

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Wall Street's primary indices saw an uptick, primarily driven by healthcare stocks reaching all-time highs amid falling oil prices. Investors are scrutinizing corporate earnings, with increasing worries about artificial intelligence expenditure impacting market stability. Significant advances from companies like Eli Lilly and Equifax boosted overall market performance. Nevertheless, General Motors and Steel Dynamics struggled with elevated costs and missed profit expectations. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/R6Pfkg4

Rising crude, lender-margin squeeze take toll on Dalal-Street

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Trade margins on 137 cancer drugs capped, but will bills get lower?

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PFRDA readies plan to onboard gig workers on National Pension System

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Tata Trusts to build institutions, not just fund them: Noel

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NRI woman’s FCNR deposits get tax notice as unexplained; ITAT grants relief

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A woman, who originally hails from Beawar, and now resides in Dubai, United Arab Emirates (UAE), decided to put money into investments in India. She along with her husband invested Rs 3.41 crore in two Foreign Currency Non-Resident (FCNR) term deposits. The husband’s name appeared as the first holder of both deposits, with the woman listed as the second holder. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/892XQov

‘India in everybody’s plan, need to up pace’: DP World CEO Yuvraj Narayan

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DP World CEO: Port Congestion, Container Shortage Are Adding To West Asia Woes from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/h3M7IWw

Trade imbalance with China growing due to barriers: FM Sitharaman

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Reliance Industries to Elon Musk: Competition welcome, but follow rules

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Exports up 23%, trade deficit at $30 billion in September

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After Jio's listing, RIL could topple Tata as India's most valuable group

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India’s current account deficit narrows to $5.2 billion in August, RBI data shows

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India's overall balance of payments showed a surplus of $45.4 billion in August 2026. This significant surplus is attributed to an increase in foreign currency inflows, especially from non-resident Indian deposits. The current account deficit also narrowed slightly to $5.2 billion during the same month. Foreign direct investment improved, with net inflows of $3.3 billion recorded. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/aNTKJQq

Currency depreciation key headwind for foreign investors: Blackstone's Gray

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‘Not benefiting anyone’: Traders urge Rahul to rethink SIR protests amid festive season, cite business losses

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Traders' groups are appealing to Rahul Gandhi to rethink the current protests affecting business as the festive season approaches. They express concerns over road blockades, which are deterring shoppers and complicating delivery schedules, particularly for small vendors. With Diwali around the corner, many are struggling to stockpile supplies due to these disruptions. Trade representatives are pushing for discussions aimed at resolving grievances while safeguarding commercial interests during this critical period. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ufviZ6C

'We are in a higher interest rate world in terms of inflation shock'

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Despite volatility in September, SIP flows hit new high of 32.5k crore

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He gave land given for road widening, sold TDRs for Rs 6.02 crore; ITAT taxes capital gains

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The landowner chose to sell the TDRs he had received for surrendering 2,839 square metres of land. He sold them to a builder for Rs 6 crore but did not pay income tax on the proceeds. His understanding was that the amount received from the sale was a capital receipt and was therefore not taxable. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/C6zSERJ

Infosys plays down impact of PERM suspension

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Stock market is crashing, yet IPOs attract billions: What’s happening here?

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Foreign portfolio investors (FPIs) invested $1 billion (Rs 9,676 crore) in IPOs in September even as they sold $4.8 billion (Rs 45,537 crore) worth of listed equities, the highest monthly outflow since April 2026, when they withdrew $6.7 billion (Rs 63,167 crore). So, amid rising crude oil prices and US bond yields, why are investors exiting stocks but retaining interest in IPOs? Let’s understand: from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/kpztLKD

FPIs pull out Rs 44,166 crore from Indian equities in October so far

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Rs 10 lakh investment, different explanations: why ITAT deleted tax addition and Rs 2 lakh penalty

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The dispute arose after the income tax department received information about an investment of Rs 11.25 lakh made by a man with a wealth management firm. The assessing officer accepted that Rs 1.25 lakh had been paid by cheque, but the source of the remaining Rs 10 lakh, was questioned. Before considering the tax dispute, the tribunal had to address the delay in filing the appeals from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/OXMTf8D

PERM freeze: Indian IT stocks rally, but talent exodus looms

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Perfect storm: Sensex slips amid rising oil, bond yields

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Brent crude prices surged to over $105 per barrel, affecting the Indian stock market negatively. The Sensex dropped 1,045 points, significantly impacting investor wealth by Rs 10 lakh crore. Foreign portfolio investors sold stocks worth approximately Rs 13,000 crore, marking a high level of outflows. The ongoing market decline has led to a nine-week losing streak, which could become the longest on record. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Xd8HFaB

GST Council scraps tax officers' arrest powers, eases refund rules

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The GST Council has proposed major procedural changes to enhance business operations and tax compliance. These reforms aim to streamline registration, refunds, and input tax credit processes while lowering compliance costs. Additionally, the council will remove officers' powers for arrests under the GST framework. Processing of refunds will be expedited, with a goal to resolve claims within three days. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/H5BDxm9

US sanctions Indian firms, individuals as Iran oil crackdown widens

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On Thursday, the United States targeted two Mumbai-based companies over their alleged oil trade involvement with Iran. The sanctions affected five Indian nationals connected to SSPL Solutions Private Limited and Samudra Marine Services Private Limited. These measures are part of a broader crackdown on Iran under 'Operation Economic Outcast'. The U.S. government aims to curb Iranian oil revenues fueling military and cyber activities. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/gyZOrhv

Rupee may be undervalued, markets can be irrational: RBI governor Sanjay Malhotra

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RBI governor Sanjay Malhotra indicated that the rupee is undervalued and the central bank will intervene. The rupee closed at 96.78, down 36 paise from the previous day, hitting a five-month low. Malhotra mentioned that global AI stock corrections could attract foreign capital to India. Despite a robust services trade surplus, the current account deficit has widened due to increased merchandise trade deficit. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/iLADhym

Some oligarchs blocking entry of Starlink in India: Elon Musk

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Elon Musk has claimed that certain oligarchs are obstructing Starlink's entry into the Indian market. Starlink has already established the necessary infrastructure and is prepared to launch its services. The company aims to provide affordable broadband connectivity to areas lacking internet access. Regulatory approvals are awaited before the commercial rollout can commence in India. Collaboration with local telecom operators has been a key element in Starlink's strategy for success. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Sx4teDr

Loans set to get dearer as RBI hikes repo rate after 44 months

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The Reserve Bank of India has announced a 25 basis points increase in the repo rate to 5.5%. This decision reflects growing inflation pressures and stronger than anticipated economic growth. The rise in interest rates will lead to higher loan EMIs, impacting consumption during the festive season. Banks are expected to increase fixed deposit rates following this policy change. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/qAG8Hrd