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Vol. I · No. 11Monday, 5 October 2026 · Evening editionPrinted 5:04 PM IST

Frosty’s Ledger

All the news that’s free to read

‹ Previous edition20 publishers · 2,262 stories read · 90 printedAll editions
MarketsTap for chartsNifty 5022,555.75▲ 0.60%Sensex72,382.47▲ 0.66%Bank Nifty54,714.10▲ 0.48%USD/INR₹96.29▲ 0.07%Brent$102.33▲ 0.08%Gold$4,190▲ 0.66%S&P 5007,722.72▲ 0.73%US 10Y5.28%▲ 4 bp

Economy & Policy

India, US have reached a plateau in trade talks, says FM Nirmala Sitharaman

Giving or taking more beyond that plateau would be 'very, very difficult' for both countries, Sitharaman said at an event in New Delhi…

BS·BusinessLine·Reuters·Moneycontrol·ET·Bloomberg6 papers

Economy & Policy

RBI may hike rates by 0.25% in Oct policy amid inflation: Experts poll

The Reserve Bank of India (RBI) is likely to increase the repo rate by 0.25 per cent in the October monetary policy review due to mounting inflationary pressure amid the re-escalation of the West Asia crisis and also the rate hikes by global central banks, according to…

BS·ET·The Hindu·Fin. Express·Moneycontrol·Mint6 papers

World

Brazil election 2026: Lula, Flavio Bolsonaro head to runoff as neither garners a majority of votes

Brazil's presidential election is heading to a runoff on October 25 after no candidate won in the first round. Flavio Bolsonaro is currently leading with 47.45 percent of the votes, while Lula secured 44.66 percent.

ET·Mint·Reuters·Moneycontrol4 papers

Markets

HDFC Bank reverses gains, falls 2% after Anup Bagchi's appointment as CEO

HDFC Bank shares have significantly underperformed peers over the last few years. The stock price has declined by 25 per cent in the past one year and 8 per cent in the past five years.

BS·BusinessLine·Moneycontrol·ET4 papers

World

US bombers redeployed to home bases after RAF Fairford terror attack probe

The U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terror attack has resulted in the arrest of several individuals. U.S.

ET·BS·CNBC·WSJ4 papers

The Week Ahead

Times in IST
  1. Wed7OctRBI policy decisionRate call after the 5–7 Oct MPC meeting · 10 AM ISTIN
  2. Mon12OctIndia inflation (CPI)September figures · 4 PM ISTIN
  3. Wed14OctIndia wholesale prices (WPI)September figures · 12 noon ISTIN

The CFA & CA Lens

Today’s news, exam-style

CFA Level I

Equity Investments

IPOs & the grey market

In the newsJio Platforms likely to launch IPO on October 21, seeks to raise $3.8 bn

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 · ICAI

CA Inter · Taxation

GST & input tax credit

In the newsNext-Gen GST and India's next phase of growth

GST is collected at every stage of the supply chain, but each business claims credit for the GST it paid on its inputs, so tax falls only on the value it adds.

Exam angleCredit needs a valid tax invoice, receipt of the goods or services, the tax actually paid to the government by the supplier, and the buyer's return filed.

CA Inter · Corporate & Other Laws

Boards & independent directors

In the newsStocks to watch: HDFC Bank, Ola Electric, D-Mart, YES Bank, Bajaj Finance

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.

Markets

17 stories

New IPO listings: Discount or premium? AceVector, Runwal, Orient, German Green Steel & Power - Check worst, best debut

Four new IPOs debuted on October 5, with Orient Cables performing strongest, rising 65.44%. German Green Steel showed moderate gains, while Runwal Enterprises had a flat opening. AceVector declined 11.50%, marking the weakest performance among the listings.

Mint·BusinessLine

Stocks to Watch

Stocks to watch: HDFC Bank, Ola Electric, D-Mart, YES Bank, Bajaj Finance

Stocks to watch today: HDFC Bank has appointed ICICI Group veteran Anup Bagchi as its next managing director and chief executive officer (MD & CEO).

BS·BusinessLine

Sensex today | Stock Market Highlights: Sensex rises 472 pts to end at 72,382, Nifty settles at 22,555; ITC, Eternal lead gainers

Sensex, Nifty, Stock Price Highlights: Sensex settled 472.77 pts or 0.66% higher at 72,382.47 on Monday, and Nifty 50 gained 133.80 pts or 0.60% to 22,555.75.

BusinessLine

Economy & Policy

17 stories

GST Council may consider protection for genuine buyers losing input tax credit due to supplier default: Report

GST Council may protect genuine buyers from losing input tax credit if suppliers default on tax payments. The proposal, discussed in the upcoming meeting, will ensure buyers aren’t penalised for a supplier’s tax default. Details here.

Mint·BusinessLine

Companies & Deals

17 stories

World

15 stories

Technology

11 stories

Opinion

5 stories

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