Technology
Trump names intelligence chief Clayton as AI czar, to head task force, WSJ reports
AI-TRUMP-CZAR-CLAYTON:Trump names intelligence chief Clayton as AI czar, to head task force, WSJ reports…
All the news that’s free to read
Technology
AI-TRUMP-CZAR-CLAYTON:Trump names intelligence chief Clayton as AI czar, to head task force, WSJ reports…
Markets
Sebi is actively investigating position limits for non-agricultural contracts to improve market liquidity and depth. Chairman Tuhin Kanta Pandey has highlighted the importance of phased physical settlement for agricultural commodities.
World
President Donald Trump has announced one-time $90 payments for more than 20 million Medicare Part B enrollees. The White House says the money will come from the Medicare Improvement Fund, which has about $2 billion available.
Companies & Deals
AAHL assured to support airlines through this transition and will provide all necessary assistance to ensure a smooth and seamless migration of services.
World
India summoned Pakistan's Charge d'Affaires after Pakistan protested the alleged killing of two men near the Punjab border, with both sides giving different accounts of the October 2 incident…
Companies & Deals
A sample of "low-fat dairy whitener" manufactured by Nestle India, drawn from the premises of Hotel Lalit in Connaught Place in the national capital, has been found "unsafe and substandard", the Food Safety and Standards Authority of India (FSSAI) said.
World
Israeli Prime Minister Benjamin Netanyahu invited Indian pilot Smit Machchhar and PM Narendra Modi to light a flame on Israel's Independence Day after Machchhar thwarted an alleged terrorist attack on a Dubai-Tel Aviv flight.
Technology
Bitchat was created and launched by Twitter co-founder Jack Dorsey. The application allowed offline messaging which was previously flagged by the Ministry of Electronics and Information Technology.
None of these are in today’s headlines.
Economics
In the newsSebi examining position limits for non-agri contracts to boost liquidity
Besides setting rates, the RBI manages how much cash sits in the banking system: reverse repos soak up surplus cash, while repos and bond purchases inject it.
Exam angleOpen market operations: buying bonds adds bank reserves (easing); selling bonds drains them (tightening).
Ethics
In the newsSebi to soon issue framework on Closing Auction Session; receives over 3,500 comments
Regulators like SEBI and IRDAI set the rules for how financial products are sold and who may invest in what, with protecting investors as the goal.
Exam angleCFA Standard III(C), Suitability: understand a client's objectives and constraints before recommending an investment.
Financial Statement Analysis
In the newsLula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election
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 newsAdani Airports To Begin Redevelopment Of Mumbai Airport's Terminal 1B North Section
Airlines, retailers and hotels lease much of what they use. Under Ind AS 116 almost every lease shows up as an asset and a matching liability.
Exam angleThe lessee books a right-of-use asset and a lease liability. Rent becomes depreciation plus interest, which lifts EBITDA.
CA Inter · Corporate & Other Laws
Company law limits how much cash a company can hand back, to protect its creditors.
Exam angleDividends only out of profits (Section 123). Buybacks capped at 25% of paid-up capital and free reserves, with debt no more than twice capital and free reserves afterwards (Section 68).
CA Inter · Taxation
The payer deducts tax when making certain payments (salary, rent, fees, property purchases from NRIs) and deposits it with the government; the payee claims it as credit against their tax bill.
Exam angleMiss the deduction and the payer faces interest and can lose the deduction for that expense, on top of being treated as an assessee in default.
Securities and Exchange Board of India will release a framework regarding changes to the Closing Auction Session mechanism. The regulator reviewed comments on its consultation paper about market timings and settlement methodology.
A parliamentary panel may recommend to the government how to monitor cryptocurrency transactions and what to do legally with such digital assets, a source aware of the matter said.
With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions.
The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
Cornell University President Michael Kotlikoff said his school's administration “must do better” amid the criticism and fallout of its investigation into the alleged gangrape.
The firm behind Claude could begin formal IPO marketing as early as the week of Nov. 9, targeting trading before Thanksgiving…
Stocks to Watch
Governor Sanjay Malhotra says India supports innovation in distributed ledger technology and tokenisation, but is wary of cryptocurrencies over concerns about monetary sovereignty and capital flows…
Commerce and Industry Minister Piyush Goyal has held bilateral meetings with top officials of a number of US companies and discussed investment opportunities in India. The minister is in the US till October 5.
Reserve Bank Governor Sanjay Malhotra on Saturday said the resilience of the financial system today should not be taken as a guarantee against future vulnerabilities and called for continued vigilance to safeguard financial stability.
Union Finance Minister Nirmala Sitharaman on Saturday said India's economic resilience has been built consciously over the past decade through fiscal prudence, infrastructure creation, banking reforms, last-mile delivery and sustained reforms, while stressing the need…
Higher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively better positioned than many developed markets, yet it remains vulnerable due to imported energy.
The agency said further investigation is continuing to ascertain the role of other accused persons and to investigate other allegations…
External Affairs Minister S Jaishankar on Saturday briefed a parliamentary consultative committee on India's "multifaceted" engagement with Russia, highlighting shared ambitions to expand bilateral trade, investment, and energy cooperation.
The latest increase comes amid renewed pressure on fuel retailers from higher global energy prices and follows a series of price adjustments by Nayara this year as refiners grapple with the impact of geopolitical disruptions on crude and product markets…
Avenue Supermarts, which owns and operates the retail chain D-Mart, reported an 18.4 per cent rise in standalone revenue from operations to Rs 19,206.18 crore for the second quarter ended September 30, 2026.The company had reported revenue from operations at Rs…
Vedanta Power Ltd experienced a significant 26% rise in power sales during the second quarter of this fiscal year. The company's Meenakshi Energy plant saw a remarkable 111% year-on-year increase in power sales.
Petronet, India's largest gas importer, is majority owned by state-owned oil firms…
Governor Malhotra flagged global debt, AI valuations, leverage and cyber risk as potential threats to financial stability…
Legal view. Tata cites former CJI Chandrachud’s opinion as Tata Sons defends reappointment with other legal opinions…
The FAA review found pilots retain full control and receive clear indications during a go-around, a decision that could aid Boeing's approval bid for the largest 737 Max variant…
Saturday’s demonstrations followed a parliamentary setback for measures intended to address growing public anger over housing-related concerns…
The United Arab Emirates said on Saturday that the co-pilot on a FlyDubai flight that nearly crashed with 182 people on board attacked the captain with the cockpit's crash axe in a "terrorist attack." The UAE statement cited the attorney general as saying the co-pilot…
Democratic candidates are currently leading or closely tied in key Senate races in traditionally Republican states. Poll results indicate the economy and Trump's approval ratings significantly influence voters' decisions in these races.
India has slammed Pakistan at the UN, strongly rejecting its remarks about Jammu and Kashmir, telling the world organisation that the "so-called" civilian governments in Islamabad "serve at the mercy" of their Army and rarely complete their terms.
Iran war news LIVE updates: Iran-backed Yemen's Houthis claimed responsibility for an attack on an oil facility near the Saudi capital on Saturday and accused the Kingdom of striking the Yemeni capital several times…
Christa Pike's execution attempt on September 30 ended in failure, resulting in her being hospitalized after two doses. Correction Commissioner Frank Strada announced his resignation amid growing concerns about Tennessee's execution procedures.
The aircraft lost communication with flight controllers after significantly dropping in altitude, according to flight data.
Former OpenAI safety employee David Robinson has warned that AI companies need stronger safeguards as artificial intelligence capabilities advance…
The decision reflects the significant expansion of the department's mandate beyond conventional information technology and electronics…
Indian IT is bracing for a muted Q2FY27, with analysts forecasting only marginal growth…
Addressing the PanIIT summit, Naidu outlined initiatives spanning startups, research, quantum computing, education and technology across Andhra Pradesh.
A third runway would fly in the face of reason. If we are to prioritise human life over short-term ‘growth’, we need to use planes less, not more If a third runway is built at Heathrow, what will be the impact on the wealth of the nation?
Modern India might have been conjured up in the image of Gandhi. But India was never a Gandhian state.
Today's opinions examine a possible diplomatic opening before the 1962 India-China war, fears of an AI investment bubble, India's use of hard power and the evolving US-China relationship…
I’ve been the family financial decision-maker for a quarter of a century. Handing the reins to somebody else has taught me a lot about my blind spots.
Russian drones and missiles are hitting Ukraine’s capital around the clock. We met people across the city to see how they are carrying on with their lives.
A day at a truck stop in Texas shows an industry essential to the U.S. economy under tremendous pressure.
Trends that made luxury companies like LVMH such a brilliant investment over the past 20 years are fading.
Hedge funds piled into leveraged bets over the summer, figuring French politics wouldn’t get much rockier.
Upstart trading firms loom large on platforms such as Kalshi and Polymarket. They are starting to raise capital.
More than 670 lenders, a record, shut down last year as Fitch says smaller players remain sector’s weakest part…
US allies invest in ‘smart shipyards’ as Beijing’s dominance of industry alarms Washington…
Background checks and psychological testing aim to ensure that only those fit to fly take the controls…
Which power will prevail? As in the 19th-century struggle between the UK and Russia, the answer may depend on forces beyond either’s control…
Looking at the most cited factors reveals a mixed picture…
Bankers in Hong Kong skipped the summer break as an artificial intelligence-fueled rush for capital sent share sales to a record, defying a bruising selloff in the city’s stocks.
The US and Mexico have jointly deployed military personnel in a border area in Texas as part of “mirror operations,” the Mexican government said Saturday.
Borrowing is getting harder for companies.
As Paramount Skydance Corp. and Oracle Corp. vault into the ranks of corporate America’s biggest borrowers, their links to the same man — billionaire Larry Ellison — are starting to stir angst on Wall Street.
The film, starring Tom Cruise, grossed an estimated $8 million in its opening weekend. That could put the movie on track to lose at least $125 million.
Faced with bots immune to traditional marketing tactics, marketers are racing to win them over with logic and data.
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
The president, who had hoped to tout a growing economy on the campaign trail, has found it hard to break through as workers’ wages fail to keep up.
Debt among older Americans is rising, both in terms of the number of older households carrying debt and the amount borrowed.
Is it time to dust off the financial playbook from that dismal decade?
“For 14 years I have gotten up every morning and gone to work while she has been free to pursue whatever interested her.”
“I started taking Social Security at 66 and receive $2,410 a month. I have $214,000 in my 401(k).”
Cornell University will examine the role of fraternities and sororities on campus following an outcry over the school's handling of a student's rape allegations, the Ivy League school's president said on Saturday.A civil lawsuit filed last month by the woman, who…
RBI’s rate decision, TCS’s Q2 results, US trade data and Nobel Prize announcements headline a week packed with key economic and business data.