Business

The rupee fell 3 paise to close provisionally at 94.92 against the US dollar, snapping a six-session winning streak. A sharp equity market decline and crude oil prices weighed on the currency despite support from RBI measures

Elon Musk says he plans to give one SpaceX share to every child in the United States next year. He has not outlined eligibility or distribution details. The announcement comes amid attention on SpaceX and Tesla's Roadster demonstration in Texas

Gold and silver futures rose on the MCX on Monday, supported by firm global cues and easing concerns over US Federal Reserve rate hikes. Experts highlighted key resistance and support levels, while a stronger rupee limited gains from international prices.

Indian equity benchmarks opened marginally higher on Monday as mixed global cues kept sentiment cautious. Banking and oil-and-gas stocks led gains, while IT and private-bank shares declined. Investors weighed institutional flows, crude prices, geopolitical risks and upcoming second-quarter earnings results

South Korea’s automobile exports fell 5.5 per cent in September amid Middle East tensions and weaker used-car shipments. Eco-friendly vehicle exports and production increased, while domestic sales declined. Seoul shares later narrowed losses as institutional buying supported the benchmark index

SCCL’s coal wealth belongs to the public, and its performance must remain open to public scrutiny

Maharashtra FDA has suspended the licences of a Reliance Retail warehouse in Chakan and a Blinkit-linked facility in Nighoje, Pune district, after inspections found serious food safety violations including rodent and cockroach infestation, improper storage of food products, cold-chain lapses, and inadequate records of expired food disposal.

India’s Russian crude imports fell 13 per cent in September to their lowest level since April, while refinery purchases declined. Higher oil prices boosted Russia’s export earnings, and a US sanctions waiver could allow India and China to maintain oil imports

Nine of India's 10 most-valued companies added Rs 3.65 lakh crore in market capitalisation last week as indices rallied. TCS led the gains, followed by Bharti Airtel and Infosys, while Larsen & Toubro was the decliner among the top 10

The proposed MDR fee has been deferred until after Diwali, citing the festive season, but the bigger test remains: Can India fund its payments ecosystem without losing public trust?

Ahead of its Rs 30,213-crore IPO opening on October 21, Jio Platforms is drawing positive assessments from brokerages that see multiple growth drivers, including migration of 2G users to 4G/5G, expansion of home broadband services, AI-led offerings and enterprise solutions.

HDFC Bank reported a 5.2pc year-on-year rise in net profit to Rs 19,610 crore for Q2 FY27, but the result missed analysts' estimates. Net interest income grew 9.7pc, while provisions rose and asset quality improved. Loans and deposits grew strongly

The rupee rose 7 paise to close at 94.92 against the US dollar on Friday, extending gains for a sixth session. RBI measures supported the currency, while crude prices and foreign fund outflows limited gains, according to forex market traders

Yes Bank shares fell nearly 4% after the Supreme Court upheld the quashing of its ₹8,415-crore AT-1 bond write-off. Citi and Morgan Stanley maintained bearish ratings, citing potential pressure on the bank’s capital adequacy, net worth and book value 

Several mutual fund houses have temporarily halted fresh investments in Gold ETF fund-of-funds, including lump-sum contributions and new SIP registrations, until further notice. Existing systematic investments and redemptions remain unaffected, amid seasonal gold demand and concerns over India's bullion imports

Reliance Industries said Indian and foreign companies must follow the same rules for satellite communications, responding to Elon Musk’s criticism over Starlink’s India entry. The company welcomed competition, noting Jio’s satellite services are also awaiting government clearances before launch

The government raised the windfall tax on petrol exports to Rs 2.5 per litre and reduced the diesel export duty to Rs 8.5 per litre from October 16. The fortnightly revision comes amid volatile global crude oil prices and geopolitical tensions

Indian equity benchmarks Sensex and Nifty traded lower on Friday amid mixed global cues, despite gains in IT stocks. Strong corporate earnings, rupee strength and falling US bond yields supported market sentiment, while elevated crude prices and FII selling remained concerns

Commerce Minister Piyush Goyal launched the National Strategic Trade Command Centre to strengthen India’s trade monitoring and data-led decision-making. He also called for regular inter-ministerial meetings, weekly if needed, to clear pending SCOMET applications and improve trade facilitation

When bankability takes precedence over vulnerability, smaller, resource-constrained cities risk being left behind. Heat-resilience funding must be guided by need, not a municipality’s ability to borrow

US Ambassador Sergio Gor said India and the United States were close to finalising a bilateral trade agreement, with major issues resolved. He also outlined plans for cooperation in technology, energy and defence ahead of Secretary of State Marco Rubio’s visit

The Indian rupee strengthened 32 paise to 94.85 against the US dollar in early trade, supported by RBI forex measures, a weaker dollar and lower crude prices. Rising domestic equities and improved global sentiment also supported the currency

The CCEA has approved the sale of a 60.72 per cent stake in IDBI Bank for Rs 52,878 crore to a buyer linked to Fairfax Financial Holdings. The government and LIC will retain stakes, subject to regulatory approvals and completion

Indian equity benchmarks fell on Wednesday as pharma and healthcare stocks led sectoral losses while IT shares limited declines. Sensex dropped 251.89 points and Nifty lost 99.25 points. Investors watched support and resistance levels amid caution ahead of US inflation data