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World
US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional Donald Trump announced on Friday that he is establishing a committee to investigate Lisa Cook, the US Federal Reserve governor, over allegations that she…
World
President Donald Trump has few options to reduce diesel prices given the destruction done to refineries by the wars in Eastern Europe and the Middle East.
Markets
Q2 FY27 Results Live Updates: Anand Rathi, Can Fin Homes and Poonawalla Fincorp will be among the key earnings announcements to watch.
Markets
The company is targeting a market value of as much as ₹10.3 lakh crore ($107 billion)
Companies & Deals
Musk claimed Starlink was not being allowed to launch in India despite spending five years complying with every single law and requirement of the government.
Economy & Policy
The RBI raised minimum daily CRR maintenance to 99 per cent from October 16 and announced a ₹25,000 crore bond sale on October 13 to align overnight rates with the repo rate.
Markets
MAAS GRP HLDG-SHARES/FIRMUS:Australia's Maas enters trading halt after Nvidia-backed Firmus shelves $5 billion IPO plan…
World
The ICC's deputy prosecutor, Nazhat Shameem Khan, condemned the sanctions and said they would not halt the tribunal's work…
None of these are in today’s headlines.
Economics
In the newsTrump establishes committee to investigate Fed governor Lisa Cook
The US Federal Reserve sets the price of dollars. When US rates rise, money tends to leave emerging markets like India for dollar assets, pressuring the rupee and local shares.
Exam angleInterest-rate differentials drive capital flows and exchange rates: tighter US policy usually strengthens the dollar against emerging-market currencies.
Corporate Issuers
In the newsQ2 Result Updates: Poonawalla Fincorp Profit Surges To Rs 375 Crore; Anand Rathi Approves Dividend
Companies return spare cash through dividends or buybacks. A buyback shrinks the share count, spreading profits over fewer shares.
Exam angleA debt-financed buyback lifts EPS only if the earnings yield (E/P) is higher than the after-tax cost of debt.
Equity Investments
In the newsAmbani’s Jio said to set IPO price band at ₹1,065-₹1,119
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 newsAustralias Maas enters trading halt after Nvidia-backed Firmus shelves $5 billion IPO plan
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.
CA Inter · Taxation
In the newsTCS share price jumps over 5% as investors cheer Q2 growth
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.
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.
This is done to ensure parity of taxes imposed on imports of gold and other metals through different routes, Revenue Secretary says…
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.
TCS stock rises 5.2% to ₹2,183.90 on growth in international business, climbing AI-related revenue…
The hurricane could tighten a fuel market that is already facing big disruptions from the wars in Eastern Europe and the Middle East.
Tata Motors has revised its Iveco takeover bid, citing delays in regulatory authorisations, while the Italian truckmaker has welcomed the higher offer…
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.
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.
Revised rates to take effect from October 11; 24–35 months and 15 months digital fixed deposits to earn 7.5%.
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.
YouTuber Dhruv Rathee accused central government of putting Delhi under an ‘almost lock down’ ahead of CJP's planned protest on October 10, Saturday, demanding CEC Gyanesh Kumar’s resignation.
The CBDT has revised Income Tax Form 161 through a notification dated 8 October. The amendment updates the rules governing applications for penalty waiver. What does the revised form mean for taxpayers, and what conditions should they meet?
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…
Netflix is reportedly preparing to cut about 5% of its workforce. The company has expanded into live events, podcasts and games while pursuing new revenue streams. It is scheduled to report quarterly earnings on October 20.
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…
Tesla has updated its European websites in Germany, Spain, the Netherlands and Slovakia, while retaining the “Full Self-Driving (Supervised)” name in the US. The change comes as regulators scrutinise how the software is marketed to motorists.
The Trump administration suspended the Permanent Labor Certification (PERM) programme for eight IT companies. It also launched probes into several universities amid strained in India-US ties.
OpenAI is on track to generate annualized revenue of roughly $50 billion based on its current performance, according to people familiar with the matter, an uptick from the prior year but less than some recently reported estimates for the ChatGPT maker.
The conservative commentator previously worked as a Department of Homeland Security spokesperson and has appeared on Fox News and Newsmax…
The missile attacks come amid an escalation in fighting between the Iran-backed group and Saudi Arabia, which backs Yemen's government.
Authorities assessed structural damage and safety risks as aftershocks rattled Panama, airport operations were suspended and tsunami alerts reached several countries…
Donald Trump has reposted attorney David I. Schoen’s criticism of Nobel Peace Prize winner Navi Pillay, accusing her of anti-American and anti-Israel bias. Schoen also praised Trump’s diplomatic efforts and questioned the committee’s decision.
Brussels says Beijing’s shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobs The EU said it has reached a landmark deal with China to “halve” its sales of hybrid cars in the bloc amid fears surging sales…
The new rules require electoral registration officers to verify objections, hear applicants and give affected voters an opportunity to respond before deletion.
ASTS stock came under pressure after SpaceX agreed to acquire Grain Management’s nationwide low-band spectrum portfolio that AST SpaceMobile had also pursued. The deal closes off one potential source of additional spectrum for ASTS.
OpenAI said on Friday that it fired three safety researchers for a "breach of trust," defending the dismissals after the trio accused the company of putting its corporate interests before safety as the reason for removing them.
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…
Zoho co-founder Sridhar Vembu urged Indian technology professionals in the US to return and help build India’s tech sector.
SOUTHKOREA-CYBERATTACKS/DEVELOPER:Chinese developer makes ARTEX AI agent closed-source after Korean bank hack…
The company’s workforce strategy in the US is anchored in hiring local talent, supported by a robust campus recruitment model, as per management…
The last 10-12 years have been marked by progress despite the pandemic, tariff wars and armed conflict.
With the latest reforms, GST might finally become a ‘good and simple tax’
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.
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 Russell 2000, which tracks the shares of small companies, closed Friday on a five-week losing streak.
The dollar finished its fourth straight week of gains on investors’ expectations that the Federal Reserve will continue to raise interest rates to rein in inflation.
Oil futures ended the session slightly higher with the market showing relief after President Trump said the U.S. won’t strike Iran before the U.S. midterm elections.
The expanded term would encompass event contracts on sporting, political, cultural and weather-related events, the CFTC said.
Find insight on gold futures, Anglo American, Fortescue, West African Resources and more in the latest Market Talks covering basic materials.
U.S. natural gas futures recovered the previous session’s losses as markets focus on Hurricane Isaias as it approaches the U.S. Gulf coast.
Vague figures may lay the groundwork for inflated valuations when much-hyped companies finally go public…
Revelations that the AI giant’s annualised revenues were $20bn less than previously reported triggered volatility in US stocks…
First major Atlantic storm of the season threatens Florida, Alabama, Georgia and Mississippi…
Move triggers alarm in Mexico City, where domestic control of sensitive sector is part of modern political identity…
The decision to livestream the execution of Nidal Malik Hasan is a sign of profound moral decay…
Bambusa Therapeutics Inc. filed for a initial public offering to help fund trials of its drugs to treat eczema and other inflammation disorders.
Asset managers are offloading long-duration Treasuries futures contracts, an indication that forced selling is underway as cash yields hover just off multiyear highs.
The AI-fueled resilience of the world’s most-watched stock indexes is masking a widening retreat across financial markets, as elevated oil prices and borrowing costs take their toll.
Aritzia Inc. stock had its best trading day in more than two years as accelerating growth in the US and in online sales delivered another quarterly earnings beat. The company increased its full-year sales forecast. and full-year guidance boost.
As enrollment for Medicare Advantage begins this month, older Americans are confronting fewer options because insurers are discontinuing coverage in many areas.
The retailer came under attack for being a staging area for immigration officers after Thursday’s shooting in New York City.
The European Union said the deal could roughly halve shipments of hybrid vehicles from China in the next four years. But it also could lead to an even stronger Chinese auto industry.
The correspondent system for banking has enabled globalism — and has been exploited by companies trying to skirt U.S. sanctions.
“The house cost $385,000. With my savings, her $50,000 and a small mortgage, I was able to close.”
“I presume these are sophisticated investors taking a profit.”
“Both properties will be solely in his name.”
Unlike the stock market, whose future returns are anything but assured, a TIPS ladder’s payout is guaranteed.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
