Companies & Deals
Anup Kumar Saha to be next MD & CEO of Kotak Mahindra Bank; RBI clears appointment
Anup Saha, who joined the bank in January 2026, is currently Whole-time Director (Executive Director) of Kotak Mahindra Bank.
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Companies & Deals
Anup Saha, who joined the bank in January 2026, is currently Whole-time Director (Executive Director) of Kotak Mahindra Bank.
Markets
Treasury yields were higher on Thursday amid a global sell-off in government debt.
World
US President Donald Trump communicated with Israeli Prime Minister Benjamin Netanyahu about an attack on flydubai flight FZ1073. During this incident, an Indian pilot, Captain Smit Machchhar, was stabbed by his co-pilot.
Economy & Policy
Gross GST collections rose 14.7 per cent in September to over Rs 2.03 lakh crore. Gross GST collections from domestic activities rose 10.1 per cent to about Rs 1.38 lakh crore, while revenues from imports were up 26 per cent to Rs 65,525 crore.
Technology
Google has announced its new flagship AI model, but its access remains limited to selected cybersecurity defenders and internal teams only. The company is testing safety measures, gathering feedback and taking part in the US government’s voluntary pre-release process.
Economy & Policy
The HSBC India Manufacturing PMI rose from 52.8 in August as new orders grew at their fastest pace since February, while exports and output also accelerated…
Economy & Policy
The revised levies will apply for a fortnight, with the finance ministry also retaining existing duties on fuel cleared for domestic consumption…
Markets
Real estate consultancy firm Anarock Property Consultants Ltd has filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an Initial Public Offering (IPO) to fund its technology push, business expansion and acquisitions.
None of these are in today’s headlines.
Fixed Income
In the news10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace
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.
Economics
In the newsGross GST collections rise 14.7% to over ₹2.03 trillion in September
The fiscal deficit is how much more the government spends than it earns. Financing it means issuing bonds, which competes with companies for the same pool of savings.
Exam angleCrowding out: heavy government borrowing pushes up interest rates and can squeeze private investment.
Equity Investments
In the newsAnarock Property Consultants files draft papers for ₹1,000 crore IPO
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.
CA Final · Financial Reporting
In the newsIndia's manufacturing PMI rises to 55.1 in September, hits 7-month high
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 Final · Advanced Financial Management
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.
CA Inter · Cost & Management Accounting
In the newsStocks to buy: Titan, Lenskart, Dabur among Nomura’s 17 consumer picks. Do you own any?
When input costs rise faster than prices, each unit sold contributes less towards fixed costs, so profit falls faster than sales.
Exam angleContribution = sales − variable costs. Break-even units = fixed costs ÷ contribution per unit; P/V ratio = contribution ÷ sales.
The Sensex, which closed at 72,480.29 on September 30, opened at 72,192.89 on Thursday; Nifty 50, which closed at 22,620.45, opened at 22,543.70…
NSE has received Sebi's no-objection certificate to introduce corporate bond index futures, with the proposed product still requiring RBI approval.
Sources told Reuters that state oil major PetroChina cancelled on Wednesday a handful of its gasoline and jet fuel shipments that were planned for October.
The Centre has cut sugar dealers' stock-holding limit to 15 days and 1,000 quintals from October 15, aiming to curb hoarding and ensure festive-season supplies.
Record inflows from Indians abroad have left banks flush with cash, pushing overnight rates below the RBI's 5.25 per cent policy rate as inflation pressures build…
The proposed IPO will see existing shareholders sell up to 77,156,663 equity shares of face value ₹1 each…
Sensex, Nifty, Share Prices Highlights: Indian equities ended lower on Thursday, weighed by losses in auto stocks, while the rupee weakened to a two-month low against the dollar.
Fiscal deficit widened to ₹7.1 lakh crore by August, reaching 41.9% of the FY27 target, up from 38.1% in the year-ago period. The Centre has set a full-year deficit target of ₹16.96 lakh crore.
Kashkari sat down with CNBC's Steve Liesman for an exclusive conversation Wednesday night.
India must work on ensuring that the economy is more competition-friendly rather than business-friendly, says the report…
As per the notification, deposits under the Sukanya Samriddhi Scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent during Q3…
Goyal said he also exchanged views with Greer on G20 deliberations under the US presidency of the grouping.
The report highlighted the need to make the Indian economy "more competition-friendly rather than business-friendly"
Trump recently said he was "very seriously" considering a diesel export ban, despite warnings from the U.S. oil industry that doing so would raise prices.
Hyundai Motor India registered a total of 77,916 units sold in September 2026. This figure includes 57,166 units sold domestically, reflecting strong demand. Exports also showed growth, reaching 20,750 units during the same period.
NTPC has achieved a significant 13 percent year-on-year growth in power generation for the July-September quarter. The power generation increased to 117.9 billion units, up from 104.4 billion units last year.
Refiners are shifting from relying on Gulf producers and traders to transport crude through Hormuz, seeking to reduce the premium paid for cost-and-freight shipments…
The company has secured tolling contracts for the Gorakhpur Link Expressway and Velanchettiyur Fee Plaza, and expects over ₹400 crore revenue from the vertical in two years…
MATTEL-CEO:Mattel chief Kreiz to step down, join Paramount Skydance as co-CEO…
Tewolde Gebremariam has officially taken charge as the CEO and MD of Air India. He is the second foreign leader to helm the struggling airline. During a recent staff townhall, he emphasized cost discipline as integral to the company's culture.
Adani Ports and Special Economic Zone has successfully completed the expansion of the Colombo West International Terminal. This expansion doubled the terminal's capacity to 3.2 million TEUs following a USD 750 million investment. Sri Lankan Prime Minister Dr.
Killer Christa Pike's lawyer says she is being given "life-saving measures" in hospital after two syringes of pentobarbital.
The US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and business investment helped propel the growth of the economy. The large increases in imports cut into GDP growth.
California has officially outlawed child marriage, raising the minimum marriage age to 18 years. Governor Gavin Newsom signed this pivotal legislation, which will be implemented starting January 1, 2027.
The refunds come after millions of people lost premium subsidies for their health insurance and right before the midterm elections.
US cancels 250,000+ visas under Trump; 2,300 linked to birth tourism…
US-Iran war news LIVE Updates: US President Donald Trump reportedly said the United States had lost 18 people in the Iran war, compared with about 4,500 US deaths in Iraq. “We lost 18 people, great people. Losing one is too many,” he said.
FTC move is first official US enforcement action on rogue AI agents, following surge in incidents first reported in July The US’s main trade regulator is conducting an industry-wide investigation into Anthropic, OpenAI and other AI labs to uncover the potential…
AI-REGULATION-CANADA-HACKING:AI agents tried to hack a Canadian government website, research firm says…
Nearly a third of the IPO prospectus covers risk factors, more than twice the space given to describing what Anthropic actually does…
Under the multi-year agreement, the companies will jointly develop and deliver GPT-Synopsys, combining OpenAI's frontier AI capabilities with Synopsys' EDA tools and chip design expertise.
As many as 96 per cent of organisations in India suffered a material, business-disrupting cyber incident over the past 12 months, with more than one in three involving artificial intelligence (AI)-enhanced attacks, according to a report released by technology major…
TEPA’s most significant impact is the growing recognition that our economies can achieve more by working together than separately…
Borrowing can be good, there is no such thing as the ‘nation’s credit card’, and, yes, you can buck the markets – as previous governments have shown Andy Burnham does a nice line in nostalgia.
From India's narrowing demographic window and Boeing 737 MAX safety concerns to capital-flow risks, Carrefour's return and AI's social costs, today's opinions examine long-term structural shifts…
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.
The PM’s stated trajectory is a rebuke to past Tory and Labour governments. The challenge now is to make his project progressive in word and deed As Andy Burnham delivered his conference speech to the Labour faithful yesterday, it was hard not to recall Jeremy Corbyn’s…
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Accruing income at home from land and power abroad has an old name: empire…
US coffee giant enters region where Beijing is accused of widespread abuses…
The sharp rise in borrowing costs has raised justified alarm but there are benefits too…
It could be a lot worse. Really!
Khaldoon al-Mubarak was granted immunity six years ago, protecting him from potential legal proceedings in the UK…
The continent risks a supply crunch if Washington follows through on threats to curb exports.
Latvia’s security services said they detained a couple on suspicion of working for Russia to collect information about the Baltic country’s defenses.
Growth is hurting bond prices but helping stocks.
Fintech unicorn MNT Halan is proceeding with a long-anticipated initial public offering in Egypt, seeking to capitalize on a stock-market rally and booming consumer lending in the Middle East’s most populous nation.
When countries switch towards riskier assets, the global economy feels the consequences…
It is more revealing about its academic culture than its civil service…
That is bad news for investors’ returns…
The long-delayed project, which the developer has not yet formally greenlit, would deliver Alaskan gas to Asian markets but take several years to construct.
Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
An unusual study aims to estimate the pollution and health costs from a cluster of proposed data centers, instead of considering each one separately.
Changpeng Zhao, jailed in the United States for a financial crime and pardoned by President Trump, is now living a gilded life in the United Arab Emirates.
“Generally, the advice I’ve read says not to sell because I have a low-interest-rate mortgage.”
Stocks are facing a lot of issues right now, even if investors think everything looks great on the surface warns DoubleLine Capital’s Jeffrey Gundlach.
“We have an ironclad prenup.”
Tencent signed a five-year deal which allows it to access artificial-intelligence chips not previously available in the country, according to the Financial Times.