Wall Street endured another turbulent day on Friday, capping off its worst week since March 2023. The S&P 500 fell 1.7%, while the tech-heavy Nasdaq composite plunged 2.6%, driven down by key technology stocks like Broadcom and Nvidia. These companies, once flying high during the…
Oil prices edged lower on Wednesday as swelling U.S. crude inventories and signs of easing tensions in the Middle East…
The Indian rupee strengthened for the second consecutive session on August 20, rising by 8 paise to settle at 83.79…
On Wednesday, the Indian rupee depreciated by 1 paisa, matching its all-time closing low of 83.70 against the US dollar.…
Gold prices dipped slightly on Friday but remained on track for a third consecutive weekly rise. This positive momentum follows…
Banking & Finance
Private bank Q2 update: Kotak, Axis and HDFC Bank posted strong loan growth, but FCNR deposits flattered the numbers and CASA ratios slipped.
RBL Bank’s Q2 update shows deposits up 34% and advances up 40%, powered by FCNR(B) inflows and Emirates NBD backing. What it means for margins and investors.
Mahindra Finance jumped over 6% and Bajaj Finance led Nifty gainers after Q2 FY27 updates showed 22–26% loan growth and cleaner asset quality.
State-run lenders led Monday’s market as strong Q2 FY27 loan growth at Indian Bank, PNB and Bank of India lifted the Nifty PSU Bank index about 2% ahead of the RBI decision.
NITI Aayog’s Rajiv Gauba makes the case for light-touch regulation that is firm on high risks and easy on low ones, as Indian markets brace for the RBI’s rate call.
Former RBI deputy governor Michael Patra says the India inflation target should eventually fall to 2%, just as CPI runs above 4% and the MPC weighs its first hike since 2023.
Uflex and US-based Spectra Systems have bid to supply substrate for the RBI’s trial of two billion polymer ₹10 and ₹20 notes, a plan India first floated in 2013.
Punjab National Bank’s loans grew at their fastest pace in six quarters, but deposits lagged peers that tapped the RBI’s FCNR(B) swap window.
Crisil’s credit ratio rose to 2.18 in H1 FY27 as upgrades outpaced downgrades, and the agency says rated firms can absorb even a 50 bps RBI rate hike.
Market
SEBI Project Jagrook’s new ‘Samajh Se Investing Simple’ campaign brings free modules, a verified WhatsApp channel and campus mentors as the regulator warns investors off finfluencer tips.
Trade talks plateau: Sitharaman says India-US give-and-take is near its limit as a US law puts Russian-oil buyers on an October 18 tariff clock. Here is what it means for Sensex, rupee and exporters.
Vedanta’s board meets on October 8 to consider its first FY27 interim dividend, with October 14 as record date. Hindustan Zinc’s record output, debt and market cues in focus.
Godrej Consumer Q2 update: GCPL expects high-teens revenue growth and double-digit EBITDA growth, but palm oil and crude costs are forcing calibrated price hikes.
IndiGo fuel surcharge rises to ₹375–₹1,300 on domestic flights and up to ₹10,000 on Europe routes from October 6 after jet fuel hit about ₹137 a litre.
BPCL Andhra refinery wins an expert panel’s environmental and CRZ nod for the ₹1.03 trillion, 9 mtpa Ramayapatnam complex. Costs, partners, market reaction and what to watch.
Private bank Q2 update: Kotak, Axis and HDFC Bank posted strong loan growth, but FCNR deposits flattered the numbers and CASA ratios slipped.
Trent Q2 update: standalone revenue rose 23% to ₹5,788 crore as Zudio crossed 1,000 stores. What it means for margins, the stock and Indian retail.
The French debt crisis pushed the euro to a 17-month low and OAT spreads to 2011 levels. Here is what it means for the rupee, Sensex, FPI flows and the RBI.
International
Trade talks plateau: Sitharaman says India-US give-and-take is near its limit as a US law puts Russian-oil buyers on an October 18 tariff clock. Here is what it means for Sensex, rupee and exporters.
AM Intelligence has ordered about 20,000 more Nvidia Rubin GPUs for India and Malaysia, lifting its committed fleet to 29,000. Here is what it means for India’s AI push and markets.
The French debt crisis pushed the euro to a 17-month low and OAT spreads to 2011 levels. Here is what it means for the rupee, Sensex, FPI flows and the RBI.
C.H. Robinson’s $5.8bn RXO acquisition pays $30.25 a share in cash and stock and targets $300m in savings, but the buyer’s shares slid about 10%.
TSMC Terafab talks confirmed by Elon Musk knocked Intel shares and lifted Taiwan’s TAIEX to a record. Here are the key numbers and what they mean for Indian investors.
The ISM services PMI eased to 54.9% in September, but its prices gauge hit 74%, the highest since July 2022. Here is what it means for US yields, the Fed, Sensex, Nifty and the rupee.
Global oil stockpiles are scarily thin, Aramco’s CEO warned on October 5. Here is what sub-6bn-barrel inventories and $100 Brent mean for India’s rupee, RBI and markets.
Foxconn revenue hit a record NT$3.03 trillion in Q3, up 47% on AI server demand. Here is what it means for India’s iPhone exports, EMS stocks and markets.
The Schneider PTC deal values the US software maker at $22.6 billion. Schneider shares slid about 9% in Paris while Indian markets gained. Here is what it means.