Companies & Deals
ICICI Bank Q2 net rises 20% to ₹14,843 crore as provisions fall
Net interest income grew 17.7 per cent to ₹25,339 crore, while provisions declined and the gross NPA ratio improved to 1.20 per cent…
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Companies & Deals
Net interest income grew 17.7 per cent to ₹25,339 crore, while provisions declined and the gross NPA ratio improved to 1.20 per cent…
Companies & Deals
Bharucha, 60, was among the contenders for the bank's top job, with the board recommending him as its internal candidate for the position of managing director and chief executive officer (MD & CEO)
Markets
Delhi’s energy sourcing stays guided by national interest; experts warn threat of revived tariffs could be used as leverage in trade talks…
World
Zacharia was on shaky ground from her first White House press conference and over questions about her claims of being a lawyer despite not passing a bar exam.
Companies & Deals
As French carmaker Renault pushes multifuel powertrain strategy in India, Renault India CEO Stephane Deblaise said hybrid and CNG technology can possibly account for almost half of the automaker's powertrain mix in its sales over the next 2-3 years.
World
The Israeli military condemns the violence but the prime minister's office says it is part of a "smear" campaign.
Economy & Policy
The food regulator seeks to minimise exposure to added sugars during the early stages of life and proposes limits on residues of two pesticides in tea…
Markets
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Oil prices may ease to $80 per barrel in 2027 as West Asia supply recovers: Goldman SachsBusinessLine
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Financial Statement Analysis
In the newsICICI Bank Q2 net rises 20% to ₹14,843 crore as provisions fall
A loan becomes a non-performing asset when repayments stop for 90 days. Banks then set aside provisions, which come straight out of reported profit.
Exam angleProvisions are an income-statement expense and shrink the net loan book on the balance sheet; watch the provision coverage ratio.
Economics
In the newsIndia gets tariff reprieve as Trump waives Russian oil penalties, but the threat lingers
A tariff is a tax on imports. It shields domestic producers but raises prices for consumers and often invites retaliation.
Exam angleFor a small importing country a tariff creates a deadweight loss: consumers lose more than producers and the government gain.
Ethics
In the newsFSSAI proposes curbs on added sugar in infant food, pesticide limits in tea
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.
CA Inter · Corporate & Other Laws
In the newsKaizad Bharucha to exit HDFC Bank at end of December after three decades
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.
CA Final · Financial Reporting
In the newsHDFC Bank Q2 net profit rises 4.7% to ₹19,510 crore as NII grows
Revenue is recognised when control of goods or services passes to the customer, not simply when cash arrives or a contract is signed.
Exam angleInd AS 115's five steps: identify the contract → performance obligations → transaction price → allocate it → recognise as each obligation is satisfied.
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.
Net interest income rose 9.7 per cent to ₹34,620 crore and deposits grew 18.8 per cent, while lower treasury gains and higher expenses capped profit growth…
On a pro forma basis, the SC ruling on AT1 bonds would result in a net loss of ₹5,217 crore for the quarter and Rs 4,146 crore for the half-year…
Cockroach Janta Party (CJP) founder Abhijeet Dipke was granted conditional bail on Saturday and asked to sign a peace bond, police sources said.
The proposed IPO comprises a fresh issue of equity shares worth up to ₹150 crore and an offer for sale (OFS) of up to 2.79 crore shares by existing shareholders…
Stocks to Watch
Dividend payouts announced by 11 companies range from ₹0.50 to ₹30 per share, with record dates scheduled for October 21–23, 2026. ICICI Prudential Asset Management Company offers the highest payout. Record dates and settlement rules determine eligibility.
The firm expects benchmark Brent crude to trade at $90 per barrel in December 2026, revising its previous forecast of $85, before averaging $80 per barrel in 2027…
At 10.32 am, the stock traded 7% higher at 1,764.40 on the NSE after rising to ₹1,776.50 from ₹1,650 previous close…
US President Donald Trump's waiver from sanctions, restrictions and tariffs under the Sanctioning Russia and Iran Act (SRIA) gives India temporary relief but offers no lasting certainty, and New Delhi should safeguard its energy security and buy oil on commercial…
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Air India says, "In view of the prevailing situation, Air India and Air India Express have temporarily suspended flights to and from Jeddah, Riyadh and Dammam until 24 October 2026”
India has notified its first set of customs duty concessions for imports from New Zealand under the bilateral free trade agreement, with preferential rates taking effect on October 20.
The government has cited legal provisions and past Budget commitments to defend its decision to proceed with the strategic disinvestment of IDBI Bank.
South Korea's finance minister said semiconductor growth can last at least through 2027 as supply remains tight despite a global chip sell-off.
Net interest income grows 22% to ₹1,162 crore…
Interest income increased 18.45 per cent Y-o-Y to ₹10,357 crore, supported by a 27.6 per cent rise in interest earned on advances to ₹7,231 crore.
IDBI Bank's Q2FY27 net profit declined 39% to ₹2,205 crore due to a high base from an NSDL stake sale gain.
The appointment brings an experienced banking professional into a key role at Axis Bank, which serves businesses and customers across multiple segments of the Indian banking market.
In the case of a Zomato Hyperpure warehouse, a company representative named a contractor as its disposal agency which FDA officials could not trace, according to the documents…
HDFC Bank is in the middle of a leadership transition that will see ICICI Group veteran Anup Bagchi taking over as managing director.
FSSAI said Surya Food & Agro used cattle feed bran in Priyagold biscuits, Dodla Dairy's full cream milk sample was substandard, and pesticide residues were found in raisins sold by UEIR Organic Foods…
Ixigo reported an all-time high net profit of ₹63.42 crore in Q2FY27, aided by a partial stake sale in Freshbus, while revenue rose 13 per cent to ₹320.96 crore…
The United States is planning to restart three closed nuclear plants to address rising energy needs. These plants were shut down due to high electricity costs but are now sought after for carbon-free energy.
Iran’s IRGC Navy said a supertanker carrying over 2 million barrels of crude oil caught fire after hitting a naval mine while crossing the Strait of Hormuz via an unauthorised route.
Trump signed the Graham Bill, which targeted Russia over its invasion of Ukraine, into law in September.
A 5.9-magnitude earthquake struck Pakistan’s Balochistan province on Saturday, with its epicentre 48 km northwest of Khuzdar, according to the Pakistan Meteorological Department. The tremor originated at a depth of 25 km.
No Kings anti-Trump movement: More than 3,200 events had been planned in all 50 states, after the two previous nationwide events attracted millions of participants.
North Korea said Saturday it had successfully tested a new torpedo system that uses artificial intelligence for target detection and guidance.
The global race to expand artificial intelligence (AI) capabilities could increasingly be determined by which companies can secure enough electricity, financing and data-centre infrastructure to operate advanced chips, rather than simply by their ability to acquire the…
Kavya Maran is in the spotlight amid reports of a wedding with music composer Anirudh Ravichander. Beyond the buzz, she is an executive director at Sun TV Network and a key figure in the Sun Group’s media and international cricket businesses.
The coming weeks will offer a clearer indication of whether the initial pre-order rush translates into sustained sales momentum and how quickly Apple can fulfil orders for its first foldable iPhone.
At odds with this, Greyhound Research assessed the incidents as the failure of India’s defences against AI agents at detection…
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McKinsey & CompanyNew
Cognition co-founder and President Russell Kaplan explains why the next frontier of AI in software engineering is about more than writing code faster and what it takes to turn autonomous…
McKinsey & CompanyNew
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Harvard Business ReviewNew
Bain & Company
Bain & Company
Boston Consulting Group
Boston Consulting Group
The deal, if completed, could value the business at around $18 billion.
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Niger banned exports of diesel and premium petrol in a bid to address fuel supply challenges that the country has been facing in recent days, the ministry of trade and industry said in a statement on its Facebook page.
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