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Economy & Policy
The Centre has cut the diesel export levy to ₹8.50 a litre and raised the petrol levy to ₹2.50, while keeping the aviation turbine fuel duty unchanged amid rising oil prices.
Technology
Meta says Muse excels at ‘multi-step reasoning’ and ‘complex software engineering’ as it races to catch up to Chinese rivals Meta on Thursday launched a new open-weight AI model which it claims rivals, and in some cases outperforms, similar products from leading…
Companies & Deals
The dispute centres on whether Yes Bank’s administrator had the legal authority to cancel the bonds as part of the bank’s reconstruction plan, leaving investors with losses on their investments.
Companies & Deals
Tech Mahindra reports a 32.7% rise in Q2 net profit to ₹1,586 crore and 15.6% revenue growth, supported by manufacturing and communications, while deal wins top $1 billion.
Markets
The rupee reached 94.79 against the US dollar following structural forex interventions by the Reserve Bank of India. Elevated crude oil prices and declining equity markets limited the currency's gains.
Markets
Reliance Industries Ltd has released October salary for 420,000 employees 15 days earlier than usual, which gives workers access to funds to invest in Jio Platforms IPO.
Companies & Deals
Two Tata Trusts entities have questioned Mehli Mistry's locus standi to raise governance concerns, arguing that his tenure as trustee ended in October 2025.
Markets
Fund houses have stopped fresh lump-sum investments and new SIP, STP and switch registrations in gold FoFs from Friday, while existing transactions and investments in gold ETFs remain open…
Alternative Investments
In the newsCentre cuts windfall tax on diesel exports, raises levy on petrol
India imports most of the oil it uses, so pricier crude widens the trade deficit, weakens the rupee and pushes up inflation, all at once.
Exam angleBackwardation (spot above futures) signals tight near-term supply; contango (futures above spot) signals plentiful supply and storage costs.
Fixed Income
In the newsSupreme Court upholds Bombay HC order quashing Yes Bank’s ₹8,415 cr AT-1 bond write-off
A bond's price and its yield move in opposite directions. When market yields rise, existing bonds paying lower coupons are worth less, so their prices fall.
Exam angle%ΔPrice ≈ −ModDur × Δyield + ½ × Convexity × (Δyield)². Longer-duration bonds fall more when yields rise.
Financial Statement Analysis
In the newsTech Mahindra Q2 profit rises 32.7% to ₹1,586 crore; revenue up 15.6%
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 · Advanced Financial Management
In the newsRupee rises 20 paise to 94.79 against US dollar in 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 Final · Financial Reporting
In the newsMukesh Ambani taps massive Reliance Industries workforce to boost record Jio IPO
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 Inter · Corporate & Other Laws
In the newsFed Chair Warsh stresses price stability, offers no signals on rate outlook
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.
Karur Vysya Bank share price opened at ₹353.90 against its previous close of ₹345.50 and jumped 5.9% to its 52-week high of ₹365.85.
Orient Electric shares rose as much as 2.8% on Friday, extending a two-week rally of more than 30%. The company reported strong Q2FY27 performance, with revenue up 25.15% year on year, while ICICI Securities maintained its Buy rating and ₹240 target price.
22, 24 carat Gold prices down across metro cities on October 14…
The Supreme Court warned it may intervene if protests and security restrictions in Connaught Place harm businesses.
India's exports increased by 23 per cent to USD 44.4 billion in September, and the trade deficit narrowed to USD 30.21 billion, government data released on Thursday said. The country's imports rose by 8 per cent to USD 74.61 billion in September.
Finance Minister Nirmala Sitharaman said India is promoting rupee and local-currency trade settlements to help countries facing hard-currency shortages continue importing essential goods.
Fairfax plans to transfer its stakes in IIFL Capital Services and Digit to IDBI Bank, creating a diversified financial services group after its ₹52,878 crore acquisition of a 60.72% stake in the lender.
Commerce ministers Piyush Goyal and Maninder Sidh discussed the proposed agreement following the latest round of negotiations held in Canada…
Rolling coverage of the latest economic and financial news John Healey poised to raise taxes on banks in budget Elsewhere in the markets today, South Korea’s Kospi share index has recorded its biggest weekly loss since October 2008, down 14.5% this week.
Gross direct tax collections stood at ₹16.03 trillion during the period, registering an annual growth of 14.89 per cent…
SBI has raised its benchmark lending rates by 25 bps from 15 October 2026. Find out how the hike could affect EMIs and total interest on ₹30 lakh, ₹50 lakh, ₹80 lakh and ₹1 crore home loans, and how choosing a higher EMI instead of a longer tenure could help reduce…
Air India on Friday said it has extended the cancellation of flights to Saudi Arabia till October 20 amid escalating tensions in the region due to the attacks on the Gulf country by Houthis.
Federal Bank reported a 45% rise in Q2 FY27 net profit to ₹1,386 crore, aided by $1.5 billion raised through FCNR(B) deposits, while net interest income grew 26% to ₹3,153 crore…
Realty firm Omaxe Ltd has signed an initial pact with Lemon Tree Hotels' arm to manage 10 hospitality projects being developed by the company with an investment of Rs 4,000 crore.
India will roll out mandatory Calling Name Presentation (CNAP) from November 1, 2026, displaying callers' names alongside phone numbers on 4G and 5G networks.
Azim Premji's family office, QED Innovation Labs and Ranjan Pai's family office are backing homegrown AI firms, even as India's AI investment of over $15 bn between 2013 and 2025 trails US and China…
New White House press secretary Katie Zacharia confirmed on Thursday she did not pass the bar exam. She has referred to herself as a lawyer.
The International Energy Agency agreed to release over 20 million barrels of diesel to the market and any oil remaining from a record release of emergency reserves pledged in March to boost supply…
Russia has the most stored nuclear warheads followed by the United States and China, according to the Stockholm International Peace Research Institute…
A 16-year-old opened fire at an elementary school in Bend, Oregon, on Thursday, killing three children and a teacher before he was shot by a person at the scene who pursued him into the school, authorities said.
Ukraine is seeking winter energy and air-defense support as Russian strikes intensify and Starlink limits disrupt military operations.
Rice will oversee Netflix's content strategy from October 26, including series, films and live events across regions…
The scale of the ballroom project and the administration’s handling of fundraising and disclosures have drawn criticism from watchdog groups and legal experts…
COREWEAVE-STOCKS-MAIN:CoreWeave's slump spotlights growing burden of debt behind AI boom…
CleanMax founder Kuldeep Jain estimated that 5 GW of data centre capacity could require 30-40 GW of renewable power, as US backlash and West Asia conflict risks boost India's appeal…
AI-SAFETY/CHINA-TENCENT (PIX):China's Tencent says AI agents showed unintended browsing behaviour…
SC seeks Centre's response on plea to frame guidelines governing all forms of 'talaq'
The framework is aimed at assisting policymakers, regulators, financial institutions and other stakeholders, but is not formal IMF-World Bank policy guidance…
Tech platforms pillage public-interest journalism for profit. But we have leverage as they sow the seeds of their own downfall Carine Fouteau is president and publishing director of the French investigative news outlet Mediapart Big tech companies pose an immeasurable…
The prime minister has a once-in-a-generation chance to reintroduce fairness to the system. He has to seize the moment Back in 2009, months before the coalition government unleashed sweeping austerity, the then Conservative backbencher Iain Duncan Smith produced a…
Today's editorials and columns examine the IDBI Bank privatisation deal, India's steel ambitions, tribunal reforms, AI-driven infrastructure improvements and a book on the changing geopolitical order…
McKinsey & CompanyNew
Analysis now runs on AI time, but judgment still runs on human time. Three moves can help turn AI’s speed into better strategy decisions.
McKinsey & CompanyNew
Where you live shapes far more than you’d think. New research points to how community, place, and connection relate to getting ahead.
Harvard Business ReviewNew
Harvard Business ReviewNew
Bain & CompanyNew
Bain & CompanyNew
Boston Consulting Group
Boston Consulting Group
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The euro rose to a one-week high against the dollar and ING said the currency was getting a boost from unease over U.S. artificial intelligence stocks.
European defense stocks rose sharply Friday, boosted by a report the European Commission will fast-track antitrust approvals for a joint venture between Airbus, Leonardo and Thales.
European leaders close ranks around Volodymyr Zelenskyy following Donald Trump’s fuel deal with Moscow…
Borrowing costs fall back from highest levels in decades as investors seek safety in government debt…
Warning from global index provider fuels concerns about investability in south-east Asia’s biggest economy…
Finance ministers agree to hold tabletop drills to prepare against future cyber attacks…
US central bank chair says economy has ‘broadly conformed with our expectations’ since rate increase in September…
The threat of Trump tariffs is driving huge demand for the red metal.
Nigeria’s stock exchange is in talks with several companies about listing and expects some from next year as Dangote Petroleum Refinery and Petrochemicals FZE’s record share sale spurs interest in the nation’s bourse as a capital-raising venue.
Europe should block the transit of Russian grain through Baltic ports as that may force Moscow seek ways to open trading on the Black Sea, Latvian Prime Minister Andris Kulbergs said.
The crisis roiling Turkey’s investment industry may be spilling into its fast-growing corporate bond market, potentially crimping smaller companies’ access to financing.
PrivatBank is a case study in adaptation…
Another commodity shock from the Iran war…
The Federal Reserve chairman said technological change was complicating the outlook for central banks as policymakers grapple with persistent inflation risks.
Thailand introduced subsidies and tax cuts to encourage electric vehicle adoption. Now it is trying to recalibrate, alarmed by the threat to its industrial landscape.
The potential downgrade by MSCI, an influential index provider, adds to a deepening crisis of investor confidence in the economic policies of Indonesian President Prabowo Subianto.
Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.
“My plan is to continue working as long as I’m able to do so and invest my Social Security benefits while I’m still earning a paycheck.”
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”
Tau Robotics’ humanoids vacuumed my floors and wiped my counters — with some help from humans behind the scenes…
The S&P 500’s strong overall performance reflects its heavy weighting at the top. Under the surface, nearly 40% of the index’s stocks are down at least 20% from their 52-week highs.
The 30-share BSE Sensex climbed 413.66 points, or 0.56%, to settle at 74,729.27. During the day, it surged 463.17 points, or 0.62%, to 74,778.78…
Q2 Results Today, 16th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates…
The strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI approval, DIPAM Secretary Arunish Chawla said.
Nuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, against its reference price of Rs 244.
Cockroach Janata Party founder Abhijeet Dipke was barred from holding a rally with the Indian tri-colour in Connaught Place's Central Park on Friday and was also served a notice, as authorities begin cracking down over the planned demonstration in the national…
Jewellery stocks rallied up to 10% on Friday after temporary curbs on fresh subscriptions to gold ETF Fund of Funds (FoFs) by around 17 mutual fund houses, just as the festive and wedding season gathers pace.Shanti Gold International shares rose as much as 7.6% to hit…
