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Nayara raises petrol by ₹5, diesel by ₹3 per litre

• Prices rose by ₹5 per litre for petrol and ₹3 for diesel, effective Saturday, October 3
• Nayara operates 7,108 petrol pumps across India
• Fuel price increases may lift inflation pressure, affecting Indian consumers and rate-sensitive sectors

Trump rules out a US diesel export ban

• Trump said the US would not ban diesel exports
• European nations will expand fuel availability within the market
• Lower risk of export curbs supports fuel availability for Indian refiners and fuel buyers

Policybazaar, Paisabazaar share: PB Fintech stock down 48% in 6 days, more pain ahead - Here’s why | Revised target

• PB Fintech shares fell 48% over six sessions amid proposed insurance commission changes
• Brokerages revised estimates, raising concerns about the company’s outlook
• Lower commissions may pressure PB Fintech’s revenue and weigh on its shares

Nasdaq hits record as weak US jobs data cools rate-hike bets

• Nasdaq Composite hit a record high after disappointing US jobs data
• Lower Treasury yields and oil prices accompanied the rise; Nike shares fell on its forecast

5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz

• Five Indian nationals were rescued from tanker MT Kazimah III after it was struck by a projectile
• The Indian Embassy in Oman coordinated the rescue
• Hormuz shipping risks matter to Indian oil importers and shipping companies

G7 agrees to release 100 million barrels of oil and fuel over four months

• The release will include crude oil and diesel from emergency reserves
• The four-month release aims to ease fuel shortages and soaring prices
• Lower oil prices could benefit Indian fuel retailers and oil-importing sectors

G20 discusses curbing excess capacity, dumping hurting fair trade: Goyal

• G20 trade ministers discussed curbing excess capacity and dumping that hurt fair trade
• Anti-dumping discussions matter to Indian manufacturers competing with subsidised imports

Trump declines to reveal next move on Iran, says conflict 'won't be long'

• Trump predicted oil prices would fall once the Iran conflict ends, but gave no details of his next move
• Lower crude prices would help Indian fuel importers but pressure upstream producers such as Oil India

Saudis plan assault on Houthis to break Red Sea chokehold

UPI transactions rise 27% to 145 billion in H1 FY27 ahead of new MDR

• UPI processed 145 billion transactions in H1 FY27, up 27%
• The rise came ahead of a new MDR
• UPI growth supports Indian payment platforms, while MDR changes may affect banks and fintechs

100M oil barrels to hit markets: G7 makes big move after Trump’s diesel export ban threat

G7 to release 100 million barrels of oil reserves through IEA

• The co-ordinated release includes frontloaded diesel supplies to stabilise global energy markets
• Lower crude and diesel prices could ease costs for Indian refiners and fuel retailers

Vast majority of G20 countries reject US stance on excess industrial capacity, forced labour

• Only Mexico and Argentina joined the US statement on forced labour in supply chains
• The vast majority of G20 countries rejected the US stance on excess industrial capacity and forced labour

Banks’ October 3 holiday status varies amid festive closures

• October is a festive month, with Durga Puja and Dussehra leading to closures in more states
• Bank closures affect access to services at Indian banks

Irdai plan to help check mis-selling, raise returns

• IRDAI proposed guidelines to reshape commission and expense structures for insurance distribution
• The plan aims to curb mis-selling and raise returns
• Changes to distribution costs and commissions may affect Indian insurers and insurance distributors

Revised green card rules, H-1B visa fee hike, social media vetting forcing Indians to rethink about American dream?

• Tighter US immigration policies include a $100,000 H-1B fee and stricter visa scrutiny
• Tighter US visa rules raise staffing uncertainty for Indian IT services companies

US-Iran war news LIVE: Two oil tankers attacked in Strait of Hormuz by 'unidentified projectiles,' says UKMTO

• UKMTO said two oil tankers were struck by unidentified projectiles in the Strait of Hormuz
• The agency made the statement on Friday, local time
• Higher crude-price risk could pressure Indian oil-marketing companies and benefit upstream producers

India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption

• RoDTEP export support extended until December 31, 2026
• Insurance risk coverage raised to 95% for eligible shipments amid West Asia disruption
• Export support and higher shipment cover benefit Indian exporters and insurers

Explained - What do the Accenture results mean for Indian IT companies

• Infosys and Wipro ADRs gained over 6% after Accenture's results
• Positive IT demand signals may support Infosys and Wipro shares

Goyal at G20: India opposes making MFN conditional on WTO obligations

• Piyush Goyal represented India at the G20 Trade Ministers' Meeting
• India opposes making the Most-Favoured-Nation principle conditional on WTO obligations

UPI volume rises 27% to touch 145 billion in first half of FY27

• UPI volume rose 27% to 145 billion in the first half of FY27
• Volume was 114 billion in April-September of the previous financial year
• Rising digital payments activity puts Indian fintech and payment companies in focus

In Graphics: How the cost of Iran war piled up

• India paid more for crude oil despite importing less as prices rose
• Higher import costs can pressure Indian oil marketing companies

Unusual rest breaks for Xi Jinping sucked hours out of summit With Trump

Don't blame El Niño alone

• This year's southwest monsoon ended with a 13% deficit over the long-period average
• A weaker monsoon raises risks for Indian agriculture and rural-demand-linked companies

Ray-Ban signs Dhurandhar star as its brand ambassador for Meta AI glasses: All the details

Trump says South Korea deal includes an $8.4 billion oil project

• The project will fund enhanced oil recovery
• It adds to a broader US-South Korea investment package

RBI Rate Hike Ahead? SBI Research Flags Inflation, Rupee Risks For October MPC

• SBI Research expects the RBI to begin raising rates in October
• It cites inflation, rupee weakness, global risks and tighter liquidity
• Higher-rate expectations may weigh on Indian borrowers and rate-sensitive stocks

Anthropic warns US government actions could hurt customer ties ahead of IPO

• Anthropic warned government actions could cause revenue losses, business disruptions and reputational harm
• The warnings appear in Anthropic’s IPO prospectus

Bets on an October Fed rate hike fall as US job market cools

• The US added 29,000 jobs last month, below economists’ forecast of 90,000
• The unemployment rate rose to 4.2%

HDFC Bank succession settled; execution test awaits new CEO Anup Bagchi

• Anup Bagchi is HDFC Bank’s incoming CEO
• Deposit mobilisation, loan growth, margin recovery and senior management continuity are expected priorities
• Execution on deposits and margins will shape HDFC Bank’s outlook

India's IT companies likely to see sombre H1 FY27 as weakness persists

• Persistent macroeconomic uncertainty and geopolitical volatility weigh on demand
• AI-led pricing and productivity pressures are also weighing on India’s IT companies
• Weak demand could weigh on Indian IT services companies’ revenue and earnings

Europe agrees to release diesel stockpiles, sending oil prices down more than 4%

• European leaders agreed to release some diesel stockpiles on Friday
• Oil prices fell by more than 4%
• Lower oil prices can ease input costs for Indian fuel retailers, refiners and transport companies

Below normal monsoon’s impact on rural demand a key concern for FMCG sector

• Analysts expect rural demand to be uneven as rainfall shortages vary by region
• Below-normal monsoon impact on rural demand is a key concern for the FMCG sector
• Uneven rural demand could weigh on sales for Indian FMCG companies

Global food prices reach near four-year high in September amid supply disruptions

• The UN FAO said global food prices hit their highest level in nearly four years
• Trade disruptions and adverse weather drove the rise
• Higher food costs may pressure Indian food companies and complicate inflation trends for consumer businesses

Dutch eyewear chain Hans Anders halts sale of Meta glasses, citing privacy concerns

• Dutch eyewear chain Hans Anders halted sales of Meta glasses, citing privacy concerns

Nifty earnings lag GDP growth and weighing on equities, shows data

• Nifty and Sensex ended September lower despite GDP growth of 7.8 per cent
• Rising US Treasury yields and lagging earnings weighed on equities
• Weak earnings pressure Indian equities, while rising US yields can weigh on rate-sensitive stocks

Weakest monsoon since 2015 prompts ICRA to cut FY27 farm growth forecast

• The 2026 southwest monsoon delivered 87% of the long-period average, the lowest rainfall since 2015
• Weaker farm growth may weigh on Indian agricultural input and rural-consumption companies

US Stock Market Today: Nasdaq Jumps 1%, Dow Up 300 Points As Yields Retreat After Weak Jobs Data

• Nasdaq Composite advanced 1.24%
• S&P 500 surged 0.82%, while the Dow Jones Industrial Average rose 0.61%

Hormuz LNG shipments reach post-war high in September, with reports differing on cargo count

• Business Standard and Economic Times report 19 cargoes; Times of India says 19 to 21
• Business Standard says 13 cargoes came from Qatar and six from the UAE
• More LNG flows may ease supply concerns for Indian gas buyers, including Petronet LNG

Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious

• South Korea remains cautious on Alaska LNG over high costs and commercial risks

Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

• US nonfarm payrolls rose by 29,000 in September, versus 84,000 expected
• Unemployment rose to 4.2%, from 4.1% expected
• A softer US jobs market may affect Indian IT exporters through client demand and global rate expectations

Israeli officials to question co-pilot of flydubai flight, source says

‘Workers growing increasingly anxious’: US adds 29k jobs, far below 90k expected

• US employers added 29,000 jobs in September, far below economists’ 90,000 expectation
• The unemployment rate rose to 4.2%
• Weaker US demand may weigh on Indian IT exporters’ growth prospects

How Brazil's election winner could reshape its institutions as vacancies mount

US adds 29,000 jobs in September as unemployment rises to 4.2%

• Hiring fell from a revised 133,000 in August to 29,000 in September
• Unemployment rose to 4.2% from 4.1% in August
• US demand signals matter to Indian IT services companies reliant on American clients

TakeMe2Space, SatLeo, EON Space Labs Launch Payloads Aboard SpaceX Falcon 9

• TakeMe2Space, SatLeo Labs, and EON Space Labs sent technologies into orbit aboard a SpaceX Falcon 9
• Indian spacetech startups gain flight heritage, potentially supporting investor interest in the sector

OpenAI fires three researchers over alleged mishandling of sensitive information

• OpenAI said three staffers were fired for mishandling sensitive information

Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump

• Diesel prices fell sharply as the EU considers releasing 50mn barrels from reserves
• Trump threatened to ban US fuel exports unless Europe unlocks reserves
• Lower diesel prices could ease fuel costs for Indian refiners and transport companies

Euro zone inflation surges more than expected, keeping pressure on ECB to hike rates

Trump plays with a critical lifeline that keeps global economy going

• A potential US diesel export ban could remove about 1.2 million barrels a day from global supply
• Tighter fuel markets could raise costs for Indian refiners and transport companies

Wall St set to open higher as jobs data dampens rate hike odds, yields fall

Accenture forecasts 3-6% FY27 revenue growth after Q4 revenue beats guidance

• Q4 revenue was $18.7 billion, up 6% year-on-year and above the high end of guidance
• FY27 revenue growth forecast at 3% to 6%, above analysts’ estimates of 3.9%
• Accenture’s outlook eases AI concerns, lifting sentiment for Indian IT services companies

Modi and Trump may speak again soon, but US says India trade deal is not imminent

• Greer said Modi and Trump had a “constructive call yesterday morning”; another call may follow soon
• Greer said sticking points remain and he did not think a deal was imminent
• Goyal pushed for an early interim deal to keep Indian exporters competitive in the US market
• A delayed deal leaves Indian exporters facing continued uncertainty over access and competitiveness in the US market

Oil rebounds as Middle East supply and shipping risks persist

• Oil prices rose to $103 per barrel as Middle East supply concerns intensified
• Middle East crude exports recovered to prewar levels, but shipping and US-Iran risks weighed on trading
• Higher crude prices can pressure Indian oil marketing companies and airlines

Foreign investors sell over ₹3 lakh crore of Indian equities in nine months

• FPIs withdrew more than ₹3 lakh crore from Indian equities in nine months
• September outflows were ₹35,860 crore; another report puts 2026 withdrawals at ₹2.69 lakh crore
• FII selling neared ₹35,000 crore in four sessions, while DII buying cushioned the market
• Sustained foreign selling pressures Indian equities, while domestic institutional buying provides some support