Business

Indians’ overseas equity and debt investments surged 111 per cent year-on-year to $321.53 million in August 2026, according to RBI data. Total Liberalised Remittance Scheme outflows rose 3.6 per cent, while travel remained the largest category of remittances

Bharat Biotech International Limited has partnered with UNICEF and Gavi to slash the price of its malaria vaccine, Mosqivac, by 40 per cent to EUR 5.50 per dose. This price drop will enable up to one million additional children to receive the complete four-dose course.

Swiggy shares plunged on Friday after the company reported a September-quarter net loss of Rs 922 crore. Despite 36 per cent revenue growth, widening sequential losses, mounting pressure at Instamart and brokerage target cuts heightened investor concerns over profitability

Ola Electric shares fell 6.5 per cent after Goldman Sachs downgraded the stock to sell and cut its target price to Rs 23. Concerns over cash flow, funding needs, rising costs, declining revenue and market share weighed on investor sentiment 

Indian equity benchmarks opened higher on Friday, supported by IT stocks, with the Nifty IT index gaining nearly 3 per cent. Analysts flagged crude oil prices and global weakness as risks, while institutional investor activity and IPO-related liquidity remained key factors

Rising geopolitical threats expose India’s undersea cable vulnerabilities, making diversified landing hubs and domestic repair capacity urgent priorities

The rupee fell 44 paise to close provisionally at 94.82 against the US dollar amid rising crude oil prices and weakness in domestic equities. Meanwhile, the dollar index eased, while Jio Platforms' IPO attracted strong investor demand on Thursday

Economists expect the Reserve Bank of India to consider another 50-basis-point repo rate hike in December amid rising inflation risks and rupee weakness. October MPC minutes indicated a hawkish policy shift, while elevated bond yields and currency movements reflect market uncertainty

Jio Platforms' IPO continued to attract strong investor interest on Day 2, with the retail investor segment fully subscribed within two hours of trading. The issue was subscribed 3.47 times overall by 11 am, led by robust demand from qualified institutional buyers.

Indian benchmark indices opened lower on Thursday, mirroring weakness in Asian markets amid rising crude oil prices and elevated US bond yields. Selling pressure was seen across sectors, with auto, metal, healthcare, pharma, FMCG and financial stocks trading in the red, while analysts flagged increasing preference for large-cap stocks over overvalued mid- and small-caps.

The rupee gained 48 paise to close at a six-week high of 94.43 against the US dollar, supported by Jio Platforms IPO-related inflows and RBI intervention. However, rising crude prices and weak domestic equities continued to weigh on sentiment

Jio Platforms' Rs 30,213-crore IPO was subscribed 2.5 times on the first day of bidding, with qualified institutional buyers leading demand at 7.46 times. The issue closes on October 23, with allotment expected by October 26 and listing proposed for October 28

Indian equity benchmarks fell for a second consecutive session on Wednesday as weakness in heavyweight stocks weighed on the Sensex and Nifty. Broader markets saw sharper losses, with mid-cap and small-cap stocks under pressure, while information technology shares outperformed overall

Reliance Industries shares rose nearly 2 per cent after Jio Platforms’ Rs 30,213-crore IPO achieved full subscription within 100 minutes, setting a record. The offering is poised to become India’s largest public issue, valuing Jio Platforms at approximately $108 billion

Indian equity benchmarks rose nearly 1 per cent in early trade on Wednesday, supported by positive global cues and buying in IT stocks. Market experts cautioned that elevated crude prices and US bond yields could limit gains, despite improving earnings and domestic institutional buying.

State Bank of India confirmed that 3,897 customer records containing personal information were identified during a preliminary analysis of data found on the dark web. The lender has launched an investigation and said the incident has not disrupted core business operations

Gold prices remained above Rs 1.47 lakh per 10 grams and silver hovered near Rs 2.10 lakh per kg ahead of Dussehra, even as MCX gold futures declined in the previous session. Precious metals have delivered strong annual returns, while global gold prices remain influenced by expectations of higher US interest rates.

The UDAN scheme has completed 10 years with over 1.49 crore passengers benefiting from affordable regional air travel. The government says 625 routes have been operationalised, connecting 90 airports, while a revamped version aims to add 120 new destinations.

From Hyderabad’s Irani chai to global financial upheavals, monetary shifts quietly reshape livelihoods, savings and economic security

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