Today so far

Nayara says fuel supplies continue across 7,000-plus outlets

• Nayara said it had imposed no fuel supply restrictions across its retail network
• The statement followed a warning that private retailers could be told to stop supplies
• Fuel availability reassurance may ease concerns for Indian oil retailers and transport operators

Govt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reports

• Oil secretary Neeraj Mittal said restricting fuel sales at pumps is unacceptable
• The warning affects fuel-sales decisions at Reliance Industries and Nayara Energy

Strong macro show takes shape in Q2 before festive rush

• September GST collections rose 14.7%
• Car sales surged 21%
• Stronger tax and vehicle demand signals may support Indian automakers and consumer-facing companies

Business Standard poll: RBI may hike repo rate by 25 bps in October meet

• A Business Standard poll sees the RBI raising the repo rate by 25 bps in October
• Higher crude raises inflation risks, while resilient growth could prompt an upward FY27 forecast revision
• A rate hike would weigh on Indian borrowers and rate-sensitive stocks, while supporting banks’ lending margins

Insurers mull seeking mutual fund-style expense limits from IRDAI

• Insurers are discussing a tiered expense structure to replace uniform regulatory limits
• Smaller insurers are advocating for the change
• A change in expense limits could affect costs and distribution economics for Indian insurers

Vedanta Copper plans $2.3 billion capex, Tamil Nadu smelter restart back on agenda

• Vedanta Copper plans $2.3 billion of capex over three to four years
• The company aims to produce 500,000 tonnes of copper
• The investment plan could lift copper output at Vedanta, exposing its listed parent

ET Graphics: Factory engine revs up jobs and earnings rise

• India’s factory workforce crossed 20 million in 2024-25, with gains in West Bengal, Telangana, Maharashtra and Uttar Pradesh
• Food manufacturing was among the sectors driving workforce growth
• Manufacturing job growth supports domestic demand and may benefit Indian industrial and consumer companies

Vedanta plans $200 million push to lift Rajasthan oil output

• Vedanta plans to invest approximately $200 million in Rajasthan to lift crude output from existing wells
• Higher domestic crude output could benefit Vedanta and support Indian oil and gas production

VB-G RAM G: Work demand from households rises 34% to 15.64 mn in September

• VB-G RAM G household work demand reached 15.64 million in September, up 34%
• Demand rose 26% from August amid monsoon deficits in southern and western states
• Rural demand and monsoon conditions matter for Indian consumer and agriculture-linked companies

Pension savings may get bigger infrastructure play as PFRDA explores direct project exposure

• PFRDA is exploring ways to give pension savings direct exposure to infrastructure projects
• PFRDA chairman S Ramann said the government wants to channel more pension savings into long-term infrastructure needs
• More pension funding for projects could support Indian infrastructure and construction companies

Why Are Diesel Prices Soaring and What Would a U.S. Export Ban Do?

• Middle East and Ukraine wars have blocked shipments from regions supplying almost a third of global diesel exports
• Higher diesel costs can pressure Indian oil-marketing companies and fuel-sensitive sectors

EV boom gathers pace as electric car sales jump 95% on fuel prices, new models

• September electric-car sales reached 34,894 units, up 95% year on year
• Growth in EV adoption may benefit Indian automakers and battery suppliers

Gold vs silver ETFs: All mutual fund schemes in red in September 2026 after a strong run in August — what to know

• Gold and silver ETFs reversed their strong August performance as domestic prices fell in September 2026

RBI asks banks to tackle repeat customer complaints, fix gaps in grievance systems

• RBI asked banks to identify root causes of recurring customer complaints and fix systemic, process and operational gaps
• Banks may face higher compliance demands to strengthen grievance handling systems

ARCs seek govt help to speed up recovery

• Asset reconstruction companies called for government intervention to speed up debt recovery through DRTs
• They proposed changes including improvements to the recovery process
• Faster recoveries could benefit Indian asset reconstruction companies and lenders

‘India’s biotech ecosystem holds tremendous promise’: Eli Lilly CEO

• Eli Lilly’s market capitalization exceeded $1 trillion
• The company aims to maintain its leadership in anti-obesity treatments
• Indian pharma and CDMO companies may face competition as Eli Lilly seeks to maintain its leadership

HDFC Bank, Kotak Mahindra Bank put two Anups atop banking’s big succession puzzle

Cheap Money Is History: The RBA Has a Blunt Warning on Rates

Treasury Selloff Flips in Volatile Trading Day

• Yields on French, Italian and Greek bonds were sharply higher

U.S. Stocks Rise After Bond Market Flips In Choppy Trading

• U.S. stocks ended slightly higher after a volatile session
• Treasury yields retreated from multiyear highs; another rate hike was expected this month

Temasek executive says firm is comfortable with current AI spending

• A Temasek executive said the firm is comfortable with current AI spending levels

Niyo FY26: Revenue Zooms 80% YoY to ₹158 Cr, Loss Narrows 58%

• Niyo’s FY26 revenue rose 80% year over year to ₹158 crore
• Its consolidated net loss narrowed 58.1% to ₹32.6 crore
• Niyo’s growth signals fintech competition for listed players such as PB Fintech and Jio Financial

Synopsys shares jump on robust growth outlook, OpenAI and AWS deals

• Synopsys shares jumped 10% after forecasting fiscal 2027 revenue and profit above analysts’ estimates
• The company unveiled deals with OpenAI and AWS

Bond yields suddenly retreat from recent highs as buyers step back into the Treasury market

• US Treasury yields retreated from recent highs as buyers returned to the market

Crude prices back above $101 as China suspends oil exports

• Oil prices rose 2% as China halted oil product exports outside Hong Kong and Macau
• Higher crude prices may pressure Indian oil marketers and raise fuel-cost risks for airlines

Soybeans fall on harvest pressure, fund liquidation, demand questions

• Soybeans fell on harvest pressure, fund liquidation and demand questions
• Lower soybean prices could weigh on Indian farmers and agriculture-linked companies

SoftBank completes final phase of $30 billion investment in OpenAI

• SoftBank Group completed its $30 billion investment in OpenAI on Thursday
• The investment was part of SoftBank’s commitment to OpenAI’s latest fundraising round
• OpenAI funding may raise competitive pressure on Indian IT services and AI firms

Treasuries Surge as France’s Fiscal Woes Boost Haven Demand

• US Treasuries rebounded as French fiscal pressure boosted haven demand
• 10-year yields fell from levels reached during a global bond selloff

US stocks: US market rebounds to close higher as surging Treasury yields recede

• US stocks recovered from earlier losses, with the S&P 500 closing higher
• The rebound followed a global bond selloff as Treasury yields receded
• US market moves can shape risk appetite for Indian equities and foreign flows

Equities turn higher as Treasury yields drop from highs

• US equities turned higher as Treasury yields fell from their highs

U.S. SEC maps out crypto custody in new proposal that furthers its digital assets agenda

• The SEC issued a proposed rule for crypto custody
• Hester Peirce is exiting as the inaugural Crypto Task Force chief

Venezuela oil exports fall to 1.08 million bpd in September

Have 5 mutual funds in your portfolio? Should you invest ₹10,000 bonus in one scheme or split it — what experts suggest

• The article discusses whether to invest a ₹10,000 bonus in one mutual fund or split it across five existing funds
• The allocation guidance may inform Indian retail investors choosing mutual funds

Anushka Sharma-backed Slurrp Farm explores fresh fundraise as existing investors eye exit

• Slurrp Farm is exploring new fundraising opportunities
• Existing investors are considering exiting their holdings

One day, two Anups; one Saha, one Bagchi at helm of two big banks | Meet ex-ICICI and IIT, IIM alumni banks banked upon

• Anup Kumar Saha and Anup Bagchi both previously served at ICICI and graduated from IIT and IIM

Bengal weighs pooling closed PSUs

• West Bengal is considering pooling land from closed Central and state PSUs, sick industries and some private entities

Trump Suspects Iran In Pilot Attack, Anthropic IPO Maybe Mid-Nov

Tech Billionaires Musk, Luckey Get Say in Future of Warfare

Hong Kong Investors Buying US Treasuries Is a No-Brainer

• Hong Kong investors are buying US Treasuries as a natural fit with the currency's US dollar peg

The September jobs report will be released Friday. Here's what to expect

• Wall Street expects job growth of 84,000 in September

Disney’s Walden Says She Would Be Interested in Buying ‘Bluey’

• Disney executive Dana Walden said she would offer creator Joe Brumm a lot of money for “Bluey”

Saudi Coalition Accuses Houthis Of Attacking Medina Power Station; Yemeni Militia Calls Charge 'Lie'

• Saudi-led coalition accused Houthis of attacking a Medina power station; the militia denied the charge as a “lie”

Boeing engineers and technical workers approve new contract, avoiding strike

• Boeing engineers and technical workers approved a new contract, avoiding a strike
• The work group is Boeing's largest white-collar union

Mattel shares rise after reports of takeover interest from Authentic Brands Group

• Mattel shares rose after Authentic Brands Group expressed interest in buying the toymaker

United Airlines gets aggressive in battle for top Delta, American flyers

• United launched a status match program targeting top Delta and American frequent flyers

Jim Cramer sees a huge catalyst on the horizon for Apple. How to play the stock

• Jim Cramer predicted the iPhone Duo will drive Apple's next leg higher
• Apple demand trends may influence sentiment toward Indian electronics manufacturers

Financial stocks are falling below a key chart level to warn the worst is yet to come

• Financial stocks have struggled over the past several weeks, and their decline may not be over

Trump could target three Fed governors. Removing them may be harder than it looks

• Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve
• Court rulings and lengthy litigation could limit the effort

US Energy Secretary Wright ’highly confident’ Europe will release diesel stocks

Canada is not close to restoring housing affordability, says central bank

Another Trump memecoin dinner advertised for token's top investors

• A November dinner is being advertised for top investors in the Trump memecoin
• The memecoin's managing company calls it the “most exclusive dinner in the world.”

European diesel refining margins drop 7% on reserve talks

US judge finds law criminalizing noncitizen voting unconstitutional