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Markets
The announcement comes as Anthropic lays the ground for a blockbuster stock market listing.
Markets
In September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent increase from August, highlighting growing trade.
Economy & Policy
Beijing has leaned heavily on exports for growth this year, but that engine faces growing pressure as domestic demand remains weak and trade tensions with the European Union escalate…
Markets
Q2FY27 company results: Firms including Bajaj Finance, Union Bank of India, Indian Renewable Energy Development Agency (Ireda), HFCL, and Sobha are also to release their July-September earnings today…
World
The proposed summit comes amid warming ties between Trump and Putin especially after the US President announced a deal to buy Russian diesel and signed an order waiving key sanctions on Moscow…
World
The decision has triggered political opposition in Washington, with lawmakers questioning its implications for Ukraine and the enforcement of sanctions against Moscow.
Technology
Located in Loughton, Essex, the Microsoft data centre was scheduled to open next year.
World
Trump backed Netanyahu nine days before Israel's October 27 election, while rival Gadi Eisenkot said only Israeli citizens would decide who becomes the next prime minister…
Equity Investments
In the newsAnthropic says it will commit 5% of its shares to 'public benefit fund'
An IPO is a company's first sale of shares to the public. The grey-market premium is an unofficial pre-listing price signal, not a promise of listing gains.
Exam anglePrimary market: the company raises new capital. Secondary market: investors trade existing shares and the company receives nothing.
Alternative Investments
In the newsIndian refiners' fuel exports to the West jump 43% as they keep processing Russian crude
India imports most of the oil it uses, so pricier crude widens the trade deficit, weakens the rupee and pushes up inflation, all at once.
Exam angleBackwardation (spot above futures) signals tight near-term supply; contango (futures above spot) signals plentiful supply and storage costs.
Financial Statement Analysis
In the newsQ2 results today: UltraTech Cement, Hindustan Zinc, and 33 more on Oct 19
Results show whether a company is growing profits, not just sales. Margins show how much of each rupee of revenue survives as profit.
Exam angleGross margin → operating margin (EBIT) → net margin. EBITDA adds back depreciation and amortisation, which are non-cash expenses.
CA Final · Financial Reporting
In the newsPutin proposes summit with Trump, Xi Jinping to discuss Ukraine deal
Revenue is recognised when control of goods or services passes to the customer, not simply when cash arrives or a contract is signed.
Exam angleInd AS 115's five steps: identify the contract → performance obligations → transaction price → allocate it → recognise as each obligation is satisfied.
CA Inter · Financial Management
In the newsMicrosoft pulls out of Nscale’s UK AI data centre project - here is what happened
A new plant or data centre is only worth building if the cash it throws off, discounted at the cost of capital, beats what it costs.
Exam angleAccept if NPV > 0. Payback period is simple but ignores the time value of money and cash flows after payback.
CA Final · Advanced Financial Management
In the newsRupee likely pinned near 95 as RBI defence counters oil headwinds
Exporters and importers use forward contracts to lock in today the exchange rate they'll get when the payment actually arrives.
Exam angleForward rate by interest rate parity (direct quote): F = S × (1 + r_home) ÷ (1 + r_foreign). An exporter hedges by selling dollars forward.
A fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asia's losses…
IPO Watch
On Day 2, Tonbo Imaging India IPO was subscribed 7.77 times, leading the four issues. Bonfiglioli Transmissions IPO was subscribed 0.99 times, while Sahajanand Medical Technologies IPO received 0.82 times subscription.
MOFSL said that Axis Bank's elevated opex led to slight earnings miss in Q2. The strong NII growth and lower-than-expected provisions were offset by elevated opex and softer treasury income.
Indian markets posted their strongest weekly gains since April, with Nifty 50 and Sensex rising more than 2.4%.
Gold & Silver
Gold and silver prices today, 19 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Spot gold rose 0.3% to $4,175.60 per ounce by 0259 GMT; US gold futures for December delivery gained 0.4% to $4,196.40…
While France has a history of street demonstrations, the intensity of attacks on public buildings, shops, raised fears of repeat action during a campaign featuring both the far left and far right…
US Secretary of State Marco Rubio will visit India next week to strengthen bilateral relations and discuss trade issues. His meetings will take place in Mumbai and Jamnagar, focusing on investment and energy.
The move is aimed at reducing the prices patients pay for these medicines…
India's merchandise exports grew across key regions in April-August FY27, with shipments to Africa rising 47% to $26.19 billion and ASEAN exports surging 56% to $23.08 billion.
India's finance minister said that continued capital outflows are one of the biggest risks for the country in 2027.
As the 8th Pay Commission meets in Mumbai on 22-23 October, here’s how dearness allowance (DA) differs from dearness relief (DR), what unions are demanding, and what central government employees and pensioners can realistically expect before the final report due by…
France’s worst unrest in years saw thousands arrested, prompting President Macron to vow an “uncompromising” response ahead of a critical budget vote.
The two day meeting beginning today will focus on strengthening multilateral cooperation among the member states of the Shanghai Cooperation Organisation (SCO), particularly in the areas of trade, economy, investment, connectivity, innovation and cultural-humanitarian…
Bharti Airtel is the first telecom company to introduce voice-and-SMS-only prepaid plans without mobile data. These new offerings align with the Telecom Regulatory Authority of India's recent regulations aimed at reducing tariffs.
The Tata Group-owned automaker's Managing Director, Rajan Amba said the move strengthens JLR's retail presence in the region, terming it an important market…
Leading jewellery retailers in India, such as Kalyan Jewellers and Titan, experienced substantial revenue growth in the latest quarter. Kalyan Jewellers reported revenue growth of approximately 27 percent in India, driven by increased same-store sales.
HDFC Bank, ICICI Bank and Axis Bank report sequential declines in net interest margins as FCNR(B) deposits weigh on earnings, but expect recovery as funds are deployed…
NTPC will conduct feasibility studies for nuclear power projects in various states, including Uttar Pradesh. The company aims to achieve 30 GW of nuclear capacity by 2047 to support India's energy diversification strategy.
DLF Ltd, India’s largest real estate firm, will launch housing properties worth Rs 58,000 crore. The company aims to capitalize on the high demand for luxury homes from buyers and investors.
Southern Railway has introduced an Executive Vistadome AC coach on the Madurai-Guruvayur Express to offer passengers panoramic views of the Western Ghats, including the scenic Sengottai-Punalur ghat section and Aryankavu pass.
Alberta: Four Canadian service members were killed and 39 people injured, including 19 critically, when a fast-moving fire overtook soldiers conducting live-fire combat training at a military base in Alberta, officials said Sunday.Maj. Gen.
Israeli Prime Minister Benjamin Netanyahu warned about the possible hostility of a future US president towards Israel. He advocated for strengthening alliances with countries like India and nations in Latin America as alternatives.
Developing countries face rising debt costs, inflation and AI risks, but the Bangkok meetings ended without new initiatives, leaving familiar fiscal advice and uncertainty…
Trump said negotiations to end the Russia-Ukraine war were advancing, while accusing Volodymyr Zelenskyy of missing a better deal two years ago and criticising Ukrainian strikes on Russian refineries…
Ukrainian strikes reportedly targeted an oil export terminal and depot in St. Petersburg, resulting in casualties. U.S. President Donald Trump criticized Ukraine's actions and delayed new sanctions against Russia.
Authorities reported widespread destruction across major cities as protesters clashed with police, businesses were looted and political tensions intensified ahead of elections.
The poll found that Trump's approval rating had declined from 37% in the outlets' April and July surveys. More than half of respondents, or 52%, said they strongly disapproved of his performance.
Samsung will reportedly use TSMC's 3-nanometre process for Nvidia's custom HBM base dies, marking its first collaboration with the Taiwanese firm at the HBM manufacturing stage…
IT Ministry sources said the ministry had reports from agencies that Meta platforms were not promoting all narratives equally, with their algorithms appearing to favour one kind of content over others…
The No Kings movement’s account went dark for several hours while protests focused on increasing early voter turnout were underway, sparking censorship fears.
The Ministry of Electronics and Information Technology (MeitY), in an advisory dated October 10, asked Meta to provide adequate context for photographs, videos, graphics and other content depicting ongoing public events.
Despite growing adoption of artificial intelligence (AI) in the global asset management industry, only 8 per cent of fund managers have reported measurable improvements in investment returns, according to a joint research report by Morgan Stanley and Oliver Wyman.
What makes these risks dangerous is not only their existence, but the ease with which institutions can ignore them when they are difficult to measure, explain or fit into established categories…
Checking IPO proceeds’ misuse easier said than done…
McKinsey & CompanyNew
Addressing the women’s health gap in Switzerland could deliver eight additional healthy days per year for every woman and potentially contribute more than 7 billion Swiss francs in annual…
McKinsey & CompanyNew
Our latest research finds that distinctive capabilities unique to Latino business owners and consumers in the United States could create significant growth in one of the world’s biggest…
Harvard Business ReviewNew
Bain & CompanyNew
Harvard Business ReviewNew
Bain & Company
Boston Consulting Group
Boston Consulting Group
Gold edged higher in Asian trade. Traders were likely weighing the prospect of further Federal Reserve rate increases this year.
The Singapore dollar consolidated against its U.S. counterpart in the Asian session, but may be weighed by prospects of higher oil prices.
Oil futures fell in early Asian trade on a possible technical correction after futures posted strong gains last Friday.
Japanese stocks were lower in early trade. A theme from Friday has been a further selloff in U.S. technology shares, Commerzbank said.
John Overdeck is trying to prevent a feud with his wife over his $723 million divorce settlement offer from costing him in a battle with his Two Sigma co-founder.
The AI company has shared few details on the dynamics of the five-person trust empowered to shape its board and block major moves.
Regulator received complaint that UK lender understated the risk of derivatives it used to finance private credit loans…
This new twist may portend a backlash against wealth creation in America…
Austrian Airlines says Vienna-bound flight from Tel Aviv made an emergency stop in Sofia…
Ambassador Andrew Puzder warns about ‘devastating’ retaliation if Brussels goes ahead with plans to limit spectrum access for non-EU companies…
Foreign firms make up majority of large buyout deals in Asia’s fourth-biggest economy…
A Soviet-born US investor with ties to President Donald Trump’s administration plans to expand his copper investments in Armenia and is betting on a broader opening of the region as Washington moves to strengthen its economic presence.
Wheat rose after weekend strikes between Russia and Ukraine made any deal to restart exports from the two major producers increasingly unlikely.
Vietnam aims to introduce stock index options in the first quarter of next year as the country seeks to deepen its capital markets and attract more overseas investors following an upgrade to its equity market.
HDFC Bank, ICICI Bank and Axis Bank report a mixed set of numbers.
A prolonged housing crash, sluggish consumer spending and plunging investment have left China dependent on exports to keep the economy growing.
The Trump administration is ignoring the will of Congress and waiving new Russia sanctions amid fears that high energy prices will cost Republicans in next month’s elections.
For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort.
Inflation is high, consumer spending is strong and seemingly everything depends on what happens with artificial intelligence.
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”
”I earn $110,000 a year.”
“The house is worth $925,000 and mom owns it outright. She also has $480,000 in investments.”
“I have some reservations about the long-term stability of my younger son’s marriage.”
Mumbai: Primary market activity this week will be dominated by the much-awaited ₹30,213-crore initial public offering (IPO) of Jio Platforms, which opens on October 21 and closes on October 23.
Nifty gained 3% last week, boosting sentiment and raising hopes of a recovery, though analysts caution that it must clear key resistance levels for further strength.CHANDAN TAPARIA, HEAD – DERIVATIVES & TECHNICALS, WEALTH MANAGEMENT, MOTILAL OSWAL FINANCIAL SERVICES…
How did this happen so quickly? Where were the buyers? I have some answers.
