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World
The ICC's deputy prosecutor, Nazhat Shameem Khan, condemned the sanctions and said they would not halt the tribunal's work…
Markets
Airtel Money debuted on the London Stock Exchange in its largest IPO in five years, raising about £529 million and valuing the company at £5.3 billion.
World
Trump said talks with Tehran were “productive” as the Iran war pushes oil and gas prices higher and support for the conflict falls.
Economy & Policy
The council has removed the power to arrest under GST. It also raised the threshold for prosecution from ₹1 crore to ₹5 crore…
Economy & Policy
Daily coal supplies to the power sector have increased by around 36 percent from the September low. Stock depletion has slowed sharply, falling from 0.243 MT per day in September to 0.116 MT in October.
World
The hurricane could tighten a fuel market that is already facing big disruptions from the wars in Eastern Europe and the Middle East.
Companies & Deals
To Vance’s “foreign indentured servants” jibe, MEA retorts by pointing out that the history of the US itself has been shaped by generations of immigrants…
Markets
Anand Rathi Wealth, Canara HSBC Life Insurance, Poonawalla Fincorp, Waterways Leisure Tourism, Canara Robeco Asset Management Company and 6 other firms will announce their Q2FY27 earnings today…
None of these are in today’s headlines.
Equity Investments
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.
Economics
In the newsGST Council ends GST officers' arrest powers; ₹10,000 limit for notices
Taxes change behaviour: cuts leave more money to spend or invest, while indirect taxes like GST are ultimately paid through prices.
Exam angleTax incidence depends on elasticity: the less price-sensitive side of the market carries more of the burden.
Portfolio Management
In the newsQ2FY27 results today: Anand Rathi, Poonawalla Fincorp to announce earnings
Insurers collect premiums up front and pay claims later, investing the float in between. Commissions to agents and distributors are one of their biggest costs.
Exam angleInsurers are liability-driven investors: they match the timing of their assets to expected claims.
CA Inter · Corporate & Other Laws
In the newsVedanta declares first interim dividend of ₹5 a share
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 Final · Financial Reporting
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 23 paise to 96.65 against US dollar during early trade
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.
The dividend marks the first payout by Vedanta since the completion of its demerger, reinforcing the company’s focus on delivering value to shareholders…
IPO Watch
Jio Platforms is reportedly planning an IPO priced at ₹1,065– ₹1,119 per share, potentially valuing the company at up to ₹10.3 trillion and raising about ₹30,200 crore.
Spot gold rose 1.4 per cent to $4,189.99 by 0842 GMT, heading for a weekly gain…
The rupee appreciated 23 paise to 96.65 against US dollar in early trade on Friday, supported by a slight softening in the US dollar and suspected intervention by the Reserve Bank of India.
This is done to ensure parity of taxes imposed on imports of gold and other metals through different routes, Revenue Secretary says…
According to reports, the Centre has decided to cap trade margins for all non-scheduled anti-cancer drugs at 30 per cent of the MRP.
Mines Secretary Keshav Chandra indicated that a policy on stockpiling critical minerals will be announced soon. This initiative is designed to support strategic sectors like defence, advanced electronics, and aerospace.
Asia is projected to contribute 59% of global economic growth in 2026, with India expanding at 7.3%, China by 4.5% and Indonesia by 5.2%…
The revised rates will apply to deposits of up to ₹10 crore, with 36-60-month deposits earning 7.85 per cent; additional rates for seniors, women and renewals will continue…
Measures ease compliance through simpler registrations, quicker refunds, wider tax credit access and relief on penalties and enforcement…
Trump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt.
GST Council's ITC proposal could cut employers' insurance costs, but better coverage will depend on company and tax rules…
GTRI said India should prepare for possible restrictions extending beyond green card sponsorship to H-1B hiring, skilled worker mobility and outsourcing…
Customers from every pin code placed orders as premium smartphones, home entertainment, fashion and beauty drove demand, with Amazon reporting its biggest-ever opening day…
Delhi will close all retail liquor outlets on October 10, Saturday, as a precaution to maintain public order amid political demonstrations and a planned youth-led protest by the Cockroach Janta Party (CJP) over alleged voter-roll discrepancies.
Bloomberg consensus estimates project banks' Q2FY27 net profit at ₹1 trillion, up 19.6 per cent year-on-year, while large FCNR(B) deposit inflows are expected to weigh on margins.
SpaceX agreed to purchase a nationwide spectrum portfolio as it to pushes its Starlink service deeper into the U.S. telecommunications market.
V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He highlighted that existing norms do not consider diverse cash flow cycles and working capital requirements.
The renewable-energy arm of Aditya Birla Group agreed in July to acquire Solenergi Power, a Shell Plc unit that includes the Sprng Energy group companies, for $1.8 billion…
The notice was issued regarding non-compliant advertising and claims for “Celevida GLP+” on e-commerce platforms…
Nobel Peace Prize 2026 winner Navanethem Navi Pillay has served as a judge on South Africa’s High Court, the International Criminal Tribunal for Rwanda and the International Criminal Court.
The missile attacks come amid an escalation in fighting between the Iran-backed group and Saudi Arabia, which backs Yemen's government.
The mayor of New York expressed outrage at the shooting which the Department of Homeland Security said happened during the arrest of a "criminal illegal alien".
Europe's trade chief Maroš Sefčovič cast the two days of talks with China's Commerce Minister Wang Wentao in Beijing as a positive first step.
The action against the Indian entities and individuals is part of the U.S. crackdown against Iran under Operation Economic Outcast…
Israel will honour Captain Smit Machchhar with its highest civilian award for helping avert a suspected crash of a flydubai flight, while the US Congress has also recognised his bravery…
US prosecutors unveiled sweeping new criminal charges against former Venezuelan President Nicolas Maduro on Thursday, accusing him and his wife of heading a state-sponsored system of repression responsible for beating, asphyxiating, and delivering electric shocks to…
The iPhone maker has turned more conservative on shipments since early September, with component orders for October being slashed by at least 15% compared with what was originally requested…
The Supreme Court says security measures must be proportionate, directs authorities to issue travel advisories and review road closures, and seeks an alternative protest venue…
SOUTHKOREA-JAPAN/CYBERATTACKS (PIX):South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminals…
SOUTHKOREA-CYBERATTACKS/DEVELOPER:Chinese developer makes ARTEX AI agent closed-source after Korean bank hack…
OpenAI has defended its decision to fire three safety researchers for what the AI lab has described as a "significant breach of trust"
Liability lawsuits have held tobacco, oil and pharma companies to account in the past. AI investors won’t ignore this threat The most basic function of government is to protect people from harm.
We have a deep reservoir of assets, but struggle to turn small companies into global success stories.
From integrated transport planning and uncertainty over Rodtep to the RBI's geopolitical challenges, family business governance, today's opinions examine policy and institutional reform…
The RBI policy review will need Central assistance to effectively fight inflation…
McKinsey & CompanyNew
Strategy is a team sport, but the value it creates ultimately depends on the CEO’s involvement.
McKinsey & CompanyNew
Leading companies are tracking six emerging patterns of geopolitical change and realigning their businesses to achieve resilience, seize growth, and build competitive advantage.
Harvard Business ReviewNew
Harvard Business ReviewNew
Boston Consulting GroupNew
Bain & CompanyNew
Bain & CompanyNew
Boston Consulting Group
The former New York governor signed on as co-chairman of OKXICE, a joint venture between U.S. exchange powerhouse ICE and OKX that plans to tokenize stocks.
Natural gas futures climbed after retreating Thursday on a slightly bigger-than-expected weekly storage build, while effects from Hurricane Isaias are seen mixed with small offshore production losses offset by impacts on demand.
The dollar strengthened, heading for its fourth straight week of gains, on investors’ expectations that the Federal Reserve will continue to raise interest rates to rein in inflation.
A Federal Reserve study found overall median net worth rose 2% between 2022 and 2025.
Oil futures gave back some of the previous day’s gains after President Trump said the U.S. isn’t planning to strike Iran before midterm elections on November 3.
Japan’s top financial regulator issued business suspension and improvement orders to Prudential Financial’s business units in the country after misconduct by more than 100 of the firm’s employees.
US airline warns over continued impact of Iran conflict even as third-quarter revenues rise…
If you still wanted to own stocks, it used to be impossible to avoid the fallout. Not any more…
The architect of Google DeepMind’s AlphaGo on building machines that can teach themselves — and why he feels a moral obligation to advance the technology…
Siloed national markets, anti-competitive culture and low investment have stunted growth — but the opportunity is there…
If funding costs rise, the expanding profit margins banks have enjoyed may start to reverse…
Saudi Aramco has told European oil refiners it will provide them with all the crude they asked for in November after the kingdom’s key cross-country pipeline resumed operation following attacks, offering relief to customers who’ve been forced to find alternative…
As Brazilian markets opened for business on Monday, Pradeep Kumar watched a move unfold on his screen that was unlike anything he’d encountered in his two decades trading the country’s assets.
Bonds issued by Verizon Communications Inc. and AT&T Inc. weakened on Friday, following SpaceX’s announcement that it will buy US spectrum that will help the company become a “major mobile carrier” in the US.
In 48 hours, Firmus Grid Ltd. went from a rising star of the artificial intelligence data center boom to one of the biggest deal flops in recent memory.
They should lift incomes, not suppress prices…
Blame soaring sugar prices…
President Trump said the White House would investigate unsubstantiated claims that Lisa D. Cook committed mortgage fraud and hold a hearing next month.
Brian J. Visalli, a veteran investigator of tax fraud, said in a lawsuit that the agency had sent his personal and tax information to federal prosecutors.
As enrollment for Medicare Advantage begins this month, older Americans are confronting fewer options because insurers are discontinuing coverage in many areas.
The correspondent system for banking has enabled globalism — and has been exploited by companies trying to skirt U.S. sanctions.
The rising probability of the Democratic Party taking control of both houses of Congress in the midterm elections poses a “meaningful” threat to risk appetite, said Michael Hartnett, Bank of America’s chief equity strategist.
If buying a home right now is such a great idea, why doesn’t Wall Street want to do it?
There will be no Medicare Advantage plans in 181 counties in 2027, up from 67 in 2026.
Rapid weight loss can lead to issues with bone quality.
The company has introduced two variants - Smirnoff Ice and Smirnoff Ice Max - with alcohol by volume (ABV) of 4% and 8%, respectively, in flavours including Jamun, Cranberry and Citrus. To begin with, the company has started sales in Goa, Bengaluru and Mumbai.
For Amazon, Costco, and TJX, the rise of AI shopping agents presents challenges — and some surprising advantages.
Delhi Metro stations closed or open tomorrow: The Delhi Metro Rail Corporation has declared a shutdown of 57 metro stations starting at 9 PM on October 9. This suspension will last until further notice due to planned protests on October 10.
