All the news that’s free to read
Companies & Deals
Axis Bank has launched Apple Pay for its Visa and Mastercard credit card customers in India, enabling payments at merchants, within apps and online using Apple devices…
Technology
The Dots agents aim to capitalize on growing demand for agents that can handle everyday work with little supervision.
Technology
President Donald Trump on Tuesday said that he and a large group of leaders of artificial intelligence companies had signed a voluntary accord that will include internal and external reviews of the technology during a meeting at the White House.
Markets
Gold and silver prices today, 30 September: 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.
Companies & Deals
The Union Cabinet on Wednesday approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III scheme to build transmission infrastructure for evacuation of up to 135 GW of renewable power and deploy 50 GWh of battery storage, as India prepares its grid for a sharp…
Markets
The stock listed at ₹250 on the BSE, an 86.57 per cent premium and on NSE the shares debuted at a premium of 75.37 per cent to the issue price.
Companies & Deals
JSW Cement Ltd, part of Sajjan Jindal-led JSW Group, will merge with its listed subsidiary Shiva Cement, a move that will create a "single unified cement platform" and unlock operational, financial and management synergies.
Markets
At 10:03 a.m. on Wednesday, Brent oil traded at $103.14 up 0.54%, and WTI crude at $89.52 up 0.16%…
Alternative Investments
Gold pays no interest, so it tends to shine when real interest rates fall or fear rises, and to lose its lustre when real yields climb.
Exam angleCommodity futures return = spot price return + roll return + collateral return.
Equity Investments
In the newsAdroit Industries shares make stellar market debut, list at 86% premium
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.
Fixed Income
In the newsPressure on U.S. Treasurys eases after 30-year yield hits highest level since 2002
The yield curve plots yields across maturities. When long-dated yields rise faster than short ones the curve steepens, often a sign of higher expected inflation or heavy government borrowing.
Exam angleKnow the three theories: pure expectations, liquidity preference and market segmentation. An inverted curve (short above long) has often come before recessions.
CA Inter · Corporate & Other Laws
In the newsJSW Cement to merge with Shiva Cement, board approves 5:41 swap ratio
The board is accountable to shareholders for running the company. Independent directors are meant to protect minority shareholders when management and promoters disagree with them.
Exam angleSection 149 of the Companies Act: listed public companies need at least one-third independent directors on their board.
CA Final · Financial Reporting
In the newsRenewable energy firm Inox Clean Energy files for ₹10,000 crore IPO
An IPO's costs — bankers, lawyers, listing fees — don't all hit the profit and loss account.
Exam angleInd AS 32: costs of issuing new shares are deducted from equity; costs of listing existing shares are expensed. Shared costs are split between the two.
CA Final · Advanced Financial Management
In the newsRupee rises 13 paise to close at 95.81 against US dollar
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.
According to reports, the Supreme Court flagged concerns over the wide gap between the price-to-retailer and maximum retail price of essential medicines.
The company will use about ₹6,000 crore of the proceeds to repay debt…
U.S. Treasury yields were lower on Wednesday after a fresh round of selloffs the previous day, as investors remained concerned about inflation.
The IPO is expected to consist largely of shares sold by existing investors, with Coca-Cola seeking a valuation of about $10 billion…
U.S. Bond Watch: A closely watched part of the US Treasury yield curve measuring the gap between yields on 2- and 10-year Treasury notes, seen as an indicator of economic expectations, was at a positive 36.4 basis points.
IPO Watch
Sensex, Nifty, Share Prices Highlights: Indian equities suffered a sharp sell-off on Monday as rising crude oil prices, geopolitical uncertainty, foreign fund outflows and weak global cues pushed the Sensex and Nifty to near six-month lows.
The revised support prices cover six rabi crops, with the government estimating a Rs 90,962 crore payout for 324 lakh tonnes.
The foodgrain production targets have been set factoring in water availability and soil moisture and by holding state-wise consultations to adjust cropping patterns in the face of adverse conditions…
The report highlights rising creator revenues, expanding non-metro creative clusters and growing international viewership for Indian regional-language content.
MSP for wheat now stands at ₹2,610 per quintal against ₹2,585 per quintal announced for 2026-27 marketing season (April-March)
Bank of America Securities has revised its forecast for the Reserve Bank of India’s interest rate hikes. It now anticipates a total increase of 100 basis points by mid-2027. The first hike is expected during the monetary policy meeting in October.
Indian companies' credit profiles showed resilience during the first half of fiscal year 2026-27. Despite the energy shock from the West Asia conflict, rating actions remained limited to a few issuers.
IMD says as many as 313 districts out of 741 in India are either deficient or large deficient, which means they have received at least 20% below normal rainfall…
Tata Trusts Chairman Noel Tata said the proposed reorganisation of Tata Sons complies with RBI guidelines and could help avoid a stock market listing. He urged the RBI to engage with Tata Trusts and find a solution to the listing requirement.
The Pentagon awarded Boeing a $20 billion contract to develop and build the US Navy's next-generation fighter jets, officials announced Tuesday (local time).
The Centre has approved procurement of pulses and oilseeds worth ₹5,547.99 crore at MSP in Uttar Pradesh, Karnataka and Telangana for Kharif 2026-27…
New Delhi: The government's new Corporate Average Fuel Economy (CAFE-III) norms give the automobile industry a clear plan for future technology investments. Industry representatives said the norms aim to balance environmental goals with flexibility for companies.
The firm is seeking a valuation of around $1.4 trn, not including the money raised, said the people, potentially vaulting it back above longtime rival Anthropic's most recent private market valuation…
Fungal growth on food materials, presence of insects, poor hygiene, filth and odour were observed during the inspection, according to the regulator…
Car manufacturers will face revised emission targets from April 2027 as govt settles a long-running industry dispute…
The PM said Brexit has ‘done more harm than good’ and wants an assessment before the next UK-EU summit Andy Burnham has said Brexit has “done more harm than good” and pledged to launch a major review of the UK’s relationship with the EU, opening the door to a potential…
Donald Trump called Google CEO Sundar Pichai a “monster” while addressing reporters at a White House meeting on frontier AI. Pichai responded with a joke, saying he hoped it would be a “better tagline” than being called a monster.
CEO Jim Farley's warning comes on the heels of a high-profile visit last week by Chinese President Xi Jinping with President Donald Trump…
The US military announced on Wednesday that it has completed the withdrawal of its troops from Iraq, ending a 12-year mission to fight the Islamic State group. Pentagon spokesperson Sean Parnell said in a statement that U.S.
At a recent White House luncheon, President Trump announced the reclassification of Artificial Intelligence to Super Intelligence. He stated that an official document would be signed to formalize this change.
A Flydubai flight from Dubai to Tel Aviv landed in Saudi Arabia after an emergency was declared mid-air; Israeli officials later said the incident was not believed to be a hijacking…
Greer said he did not want to prejudge the pending Section 301 investigation on excess capacity in China and other key trading partners…
Oura said the delay comes despite "strong demand" and a strengthenthing of the business since the start of the IPO process.
AI-SAFETY-CHINA:China's AI agents can lie and scheme - just like their US rivals…
The figure, more typical of niche foldable segment than Apple's usual smartphone sales, is contingent on how well the company ramps up production of the new hardware, Counterpoint senior analyst said…
India’s first big AI copyright ruling protects the machine’s research. It has far less to say about the reporter whose work fed it…
The DAM architecture risks excluding women and tenant farmers, and gives little attention to workers disrupted by tech change…
He knows a thing or two about tech, but what to make of the views of a man who met Jeffrey Epstein 30 times and couldn’t see what a monster he was? The Bill Gates rehabilitation tour is in full swing.
Work in the hospitality industry made me who I am. Without it, young people are denied not only an income and a step on the career ladder, but important life skills Everyone remembers their first job. More often than not, it’s in the service industry.
From RBI intervention in the rupee and questions over electoral-roll revisions to distressed assets, India's growth challenges and political grief, today's opinions examine institutional and economic…
Find insight on OpenAI, Megaport, Nokia and more in the latest Market Talks covering Technology, Media and Telecom.
American Express has rolled out an expense-management platform with AI features alongside its new corporate card, as the company’s corporate business faces mounting competition from fintechs.
Find insight on Axis Bank, Fair Isaac, Banco Santander and more in the latest Market Talks covering Financial Services.
Japan didn’t step into foreign-exchange markets in the past month, as repeated verbal warnings and historic intervention during the summer helped the yen regain some strength.
The euro rose against the dollar after it reached a 16-month low against the dollar on Tuesday.
Plus, all eyes on Micron and inflation.
Trump at centre of lobbying fight between Big Oil and top Republicans warning of voter anger at high fuel prices…
We may not be on the eve of disaster but room for manoeuvre is shrinking for major economies…
The real question for those considering buying stock is whether it will make money…
Doubling down on Hong Kong offers a way to capitalise on wealth flowing out of China, but increases the risks of confrontation with Beijing…
President says chief executives have signed a ‘morally binding’ accord after lunch with industry leaders…
Deutsche Bank AG is working on a significant risk transfer tied to fund financing as the lender widens the range of assets it hedges via the booming securitization trade.
Iraq’s state oil marketer offered buyers contractual crude supplies for October at discounts of as much as $37 a barrel to regional benchmarks, according to a document obtained by Bloomberg.
US mortgage rates climbed for a sixth straight week to an almost three-year high, thwarting would-be homebuyers.
Greenback index is having biggest monthly gain since June.
Should new parents favour financial capital, human capital or something else?
Payment cards linked to cryptocurrency accounts may enable Chinese purchases of American AI models…
Even with higher growth, taxes may be harder to find…
In China’s push for self-reliance in artificial intelligence, DeepSeek and Huawei have teamed up to develop software tools for advanced chips.
For the third time in less than two years, the Trump administration is set to return to court on Wednesday to defend its power to wage a punishing global trade war.
Streaming services can introduce you to a wonderland of nearly unlimited audio, but downloading your digital collection has advantages.
Bill Draper began funding start-ups in the early 1960s, when the Santa Clara Valley was better known for apricot orchards than microchips. He has died at 98.
A prominent economist doesn’t fear artificial intelligence, but fully embraces it in portfolios. He feels far differently about government debt.
Revenue and profit forecasts fail to justify the hype baked into Moderna’s share price, according to Citi’s analysts.
Shares in the aerospace company rose close to 3% in premarket trading on Wednesday after the U.S. Navy selected it to develop its next-generation fighter jet.
Beneath the languished moves in the main stock-market indexes, there were some disturbing features.
Meta announced Muse for Small Business, capitalizing on the 200 million small businesses already on its platform.
Sebi Chairman Tuhin Kanta Pandey on Wednesday said that the market regulator is not considering self-trading in exchange-traded shares, days after NSE CEO Ashish Kumar Chauhan hinted that the stock exchange may look into the possibility following its debut on the…
While the stock market faces sharp swings amid soaring oil prices and bond yields since the onset of the Middle East conflict, Sebi Chairman Tuhin Kanta Pandey said Indian markets are not vulnerable despite the unprecedented global headwinds.Speaking at the APMI Annual…
A proposed EU rule could restrict metal scrap shipments to India, forcing manufacturers to find alternative supplies and potentially raising raw material and logistics costs.
