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

• Petrol prices rose ₹5 per litre and diesel ₹3, effective early Saturday, October 3
• Nayara operates 7,108 petrol pumps across India
• Higher pump prices may add to inflation, affecting Indian consumers and oil marketing companies

SEBI examines non-agri contract position limits to improve liquidity

• The regulator is also working to reduce structural friction in commodity markets
• Higher commodity-market liquidity could benefit Indian exchanges and brokers

Fire and smoke reported near Aramco facility in Riyadh amid Houthi tensions

• Fire and smoke were seen near an Aramco facility in Riyadh
• Reuters cited a witness; reports linked the incident to rising Houthi tensions
• Escalation could lift oil prices, affecting Indian refiners and oil marketing companies

DMart Q2 standalone revenue rises 18.4% to ₹19,206 crore; store count reaches 518

• Standalone revenue from operations rose 18.4% to ₹19,206.18 crore
• Avenue Supermarts had 518 stores as of September 30, 2026
• Revenue growth is a key trading update for Avenue Supermarts and India’s organised retail sector

SEBI to issue Closing Auction Session framework after receiving over 3,500 comments

• SEBI will examine the responses before proceeding with the framework
• The regulator received more than 3,500 comments on the proposed mechanism
• The framework may change closing-price processes for Indian stock exchanges and listed companies

RBI backs tokenisation and distributed ledgers but remains cautious on cryptocurrencies

• Governor Sanjay Malhotra said India supports innovation in distributed ledger technology and tokenisation
• The RBI remains wary of cryptocurrencies
• Crypto caution limits regulatory certainty for Indian crypto platforms; tokenisation support benefits fintechs

Apple to flag AI requests for Mac data after complaints over Meta’s Muse

• Apps will need more explicit user action before receiving Full Disk Access
• AI agents that act without human supervision have been surging in popularity

RBI Governor Sanjay Malhotra flags rising financial risks, warns against complacency as West Asia conflict adds to inflation pressure

• RBI Governor Sanjay Malhotra warned against complacency over rising financial risks
• He said the West Asia conflict adds to inflation pressure
• Heightened financial risks warrant vigilance among Indian banks and other lenders

RBI Governor sees AI valuation correction as India opportunity but flags global risks

• RBI Governor Sanjay Malhotra said an AI valuation correction could boost capital flows to India
• India’s market pullback from recent highs has remained controlled, Mint reported
• Potentially stronger foreign flows may support Indian equities, while global risks could unsettle markets

RBI Committed To Remain Vigilant Of Emerging Vulnerabilities, Keep Financial System Resilient: Guv

• RBI Governor Malhotra said the central bank will remain vigilant of emerging vulnerabilities and keep the financial system resilient
• He flagged systemic risks that are increasingly exogenous, cross-border and interconnected
• RBI’s focus on resilience matters to Indian banks and financial institutions

Petronet LNG names GAIL’s Sanjay Kumar as MD & CEO from May 13, 2027

• Sanjay Kumar will replace Akshay Kumar Singh, who retires on May 12, 2027
• Petronet approved a 50:50 JV with Gruner Renewable Energy to build 10 CBG…
• Leadership change and CBG plans matter to Petronet LNG and GAIL investors

Panagariya sees no major food or fertiliser crisis for India amid global disruptions

• India’s role as an agricultural exporter could lift demand for its exports
• Disruptions among major producers such as Ukraine could increase demand for Indian exports
• Potential export demand benefits Indian agricultural producers and exporters

Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth Mishra

• Higher fuel costs and tighter financial conditions are weighing on global demand and raising capital costs
• Higher oil and financing costs may pressure Indian airlines, transport firms and rate-sensitive companies

India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks

• Crude imports rose to a 2026 high of 5.26 million barrels per day in September
• Gulf supplies surged despite Strait of Hormuz risks
• Higher crude imports expose Indian refiners and fuel retailers to oil-price and currency swings

India should tax capital income, not wealth or inheritance: Economist Daniel Waldenstrom

• Daniel Waldenstrom says India should tax capital income, including corporate profits and dividends, to address inequality
• A capital-income tax focus could affect Indian companies and dividend investors

Average home prices in Delhi-NCR rise maximum at 12 pc annually in Jul-Sep: Anarock

SEBI developing second surveillance system to flag bad actors at listed firms and small IPOs

• The system will also scrutinise companies seeking to enter capital markets through small IPOs
• SEBI Whole-Time Member Kamlesh Varshney said the focus includes identifying “bad elements” among listed entities
• Tighter screening may affect small-IPO issuers and Indian listed companies

SoftBank-backed Starfish gets ₹88.3 crore from AceVector IPO exit

• SoftBank received ₹88 cr from the AceVector IPO
• The IPO gave early investors and promoters an exit; most selling shareholders booked losses
• The IPO outcome offers a valuation signal for Indian startup investors and public-market entrants

India weathered global shocks, retained policy space to respond: FM Nirmala Sitharaman

• Sitharaman said resilience came from fiscal prudence, infrastructure and banking reforms
• She cited 7.8% Q1 growth
• Growth and policy resilience shape outlooks for Indian banks, infrastructure firms and rate-sensitive sectors

How the French Bond Trade Backfired on Investors

• Hedge funds made leveraged French bond bets over the summer, expecting political conditions to remain stable

Bank of India Q2 Update: Global Business Nears Rs 19 Lakh Crore, Advances Up 20%

• Bank of India’s global business rose 21% year-on-year to Rs 18.9 lakh crore
• Advances grew 20%, while domestic business increased 23% to Rs 16 lakh crore
• Stronger business growth is positive for Bank of India shareholders

RBI governor warns current financial resilience does not assure future stability

• Sanjay Malhotra flagged increasing exogenous systemic risks
• The warning underscores risk monitoring for Indian banks and other financial institutions

India likely to grow around 7% this year despite oil, rainfall concerns: Nilesh Shah

• India is likely to grow around 7% this year, with second-quarter momentum strong
• Higher oil prices could affect inflation, interest rates, the rupee and earnings
• Oil-driven inflation and currency pressure could weigh on Indian companies and rate-sensitive sectors

Tata Motors PV Q2 Business Update: JLR Wholesale Volumes Up 24.5%, Retail Sales Decline

• JLR wholesale volumes rose 24.5%, reflecting recovery from a cyber incident a year ago
• Retail sales declined
• JLR’s volume recovery may support Tata Motors PV’s earnings outlook

TCS, Infosys, Wipro shares ahead of Q2 results: Explained | What Accenture's strong earnings mean for Indian IT stocks

• Accenture’s fourth-quarter results reflect rising AI adoption, shifting from pilots to larger implementations
• Signs of stronger AI demand may support Indian IT services companies, including TCS, Infosys and Wipro

Neelkanth Mishra Says Global Market Stress Already Visible, Fuel Prices And Bond Yields Rising

• Global stress is feeding into fuel demand, bond yields and borrowing costs
• India is seeing revived credit growth and sticking to fiscal discipline
• Higher borrowing costs may pressure Indian borrowers, while revived credit growth supports banks

FPIs pull out over ₹35,000 cr in Indian stocks in Sept: Why SEBI’s easier access reforms alone may not help

• FPIs withdrew ₹35,860 crore from Indian equities in September
• They had invested ₹20,200 crore in July and ₹29,630 crore in August
• Foreign outflows can pressure Indian equities, particularly stocks reliant on overseas portfolio flows

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

RBI rate hike unlikely to trigger broad-based NBFC asset quality stress: Report

• Nuvama says a potential RBI rate hike may not significantly stress NBFC asset quality
• A limited asset-quality hit would support sentiment on Indian NBFCs

US-Russia talks on Ukraine involve multi-billion dollar oil deal, NYT reports

Bajaj Finance shares: Jefferies India's top stock pick — 35% upside seen despite negative YTD return | Target price

• Jefferies named Bajaj Finance its top stock pick and sees 35% upside
• The recommendation followed Bajaj Finance’s ₹17,500 crore fund raise
• The bullish call and large fund raise put Bajaj Finance shares and NBFC sentiment in focus

China opens anti-dumping probe into EU chemical imports ahead of trade talks

• China launched an anti-dumping probe into EU imports of p-nitrotoluene
• Beijing rejected claims that state support drives Chinese manufacturers’ competitiveness and threatened countermeasures against EU moves
• Trade diversion or tariff shifts could affect Indian specialty-chemical producers

BMC entertainment tax proposal likely to marginally increase ticket prices by Rs 5-10

• Mumbai movie tickets could rise by Rs 5-10 if BMC raises per-show tax from Rs 60 to Rs 400
• Exhibitors and producers say…
• Higher ticket prices may affect Mumbai cinema attendance and listed multiplex operators

CII welcomes RoDTEP extension, seeks five-year policy horizon for exporters

• CII welcomes the extension of RoDTEP and seeks a five-year policy horizon for exporters
• The government targets $1 trillion in exports this fiscal year
• RoDTEP continuity matters to Indian exporters, including merchandise-exporting manufacturers

Dalal Street Week Ahead: Oversold Nifty may rebound as volatility stays high

• The Nifty modestly breached its 200-week moving average as its technical structure weakened
• The outlook points to a possible rebound in oversold Nifty, with volatility remaining high
• Volatility and a possible rebound matter for Indian equity investors, especially index-linked funds and traders

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

Pakistan summons Indian diplomat over killing of two civilians at border

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

Diesel boom lifts Reliance and Nayara, leaves state-run OMCs bleeding

• Private refiners Reliance and Nayara are cashing in on diesel export margins
• State-run OMCs absorb losses as controlled pump prices meet rising domestic demand
• Refining margins support Reliance Industries, while controlled pump prices pressure listed oil-marketing companies

Bajaj Housing Finance Q2 busines update: AUM rises 25% to ₹1.58 lakh crore; check here for all detail

• Bajaj Housing Finance AUM rose 25% to ₹1.58 lakh crore in Q2FY27
• Gross disbursements increased 25.2% to ₹19,930 crore
• AUM and disbursement growth offer a demand signal for Bajaj Housing Finance and housing lenders

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

Investing in resilience is economically rational, says Principal Secretary PK Mishra

• PK Mishra said investing in resilience is economically rational amid uncertainty
• He made the remarks at the 5th Kautilya Economic Conclave

Aurobindo Pharma gets USFDA final approval for Perampanel tablets

• USFDA granted final approval for Aurobindo Pharma’s Perampanel tablets
• Aurobindo plans to launch in Q3 FY27; estimated US market size is $67 million
• The approval and launch plan could support Aurobindo Pharma’s US generics business

India may finalise MRFA deal by current financial year: IAF chief

• IAF chief A.P. Singh says the MRFA deal could be finalised this financial year
• Russia’s Su-57 is among options if the AMCA programme faces delays
• The fighter procurement outlook matters to Indian defence companies competing for contracts

‘Next financial crisis may not start in a bank’: Sanjay Malhotra flags new systemic risks amid global shocks

• Sanjay Malhotra warned the next financial crisis may not originate in the banking system
• He flagged geopolitical events, cyberattacks and technological failures as sources of systemic risk
• The warning puts Indian banks and financial firms on alert for risks beyond traditional banking

Business Update: Vedanta Power, Ujjivan SFB, Tata Motors JLR, Bank Of India and more

• Bank of India, Ujjivan SFB and Vedanta Power reported strong Q2 business updates
• Vedanta Aluminium reported record quarterly aluminium production
• The updates offer operating signals for Vedanta, Bank of India and Ujjivan SFB investors

P K Mishra says sanctions, tariffs can be weaponised as policy tools

• Mishra said export restrictions, sanctions and tariffs can become instruments of economic policy

Vedanta Aluminium reports highest-ever quarterly aluminium production at 649 KT

• Vedanta Aluminium reported record quarterly aluminium production of 649 KT and alumina production of 895 KT in Q2 FY27
• Record output may support Vedanta’s metals business and its listed shares

CAFE-III norms explained: What they mean for small cars, SUVs, EVs and hybrids

RBI grants Core Investment Company registration to Indiabulls

• RBI granted Indiabulls a Certificate of Registration as a Core Investment Company
• The approval lets Indiabulls operate as a Core Investment Company under RBI guidelines

Why India’s Manufacturing Future Isn’t the China Model

Next phase needs private investment, higher R&D spend: Sitharaman

• Sitharaman called for more private investment and higher R&D spending to drive India’s next growth phase

Sobha Q2 business update: Bengaluru developer's total sales value rises 16% YoY to ₹2,206 crore

• Q2 FY27 sales value rose 16% YoY to ₹2,206 crore, but fell 40% sequentially
• Sales area increased 2.2% YoY and declined 39.3% QoQ
• Sobha’s sales growth supports sentiment for Indian residential real estate

Greed and Fear Report: Chris Wood-led Jefferies sees IT earnings soaring 65% on AI boom but flags this as a key risk

• Jefferies sees IT earnings soaring 65% on an AI boom, while flagging rising bond yields as a risk
• AI-led growth could lift Indian IT earnings, while higher bond yields pose a valuation risk

Indian economy’s fundamentals intact and strengthening, says FM Sitharaman

• Sitharaman said India’s economic fundamentals are intact and strengthening
• She flagged strategic resources, global openness, skills and private investment as priorities

Lack of US-India deal will not have an adverse impact on India’s growth, says Panagariya

Over 3,500 responses on CAS: Sebi to quickly move ahead with proposals

• SEBI received over 3,500 responses on the Closing Auction Session proposals
• Chairman Tuhin Kanta Pandey said SEBI will quickly move ahead with proposals
• CAS changes could affect Indian stock exchanges and brokers’ trading processes

Vedanta Power posts record Q2 sales, up 26% YoY; H1 sales rise 32% to 10,817 MU

SBI-led lenders say Vijay Mallya owes Rs 8,752 crore more

• SBI-led lenders say Vijay Mallya owes ₹8,752 crore more
• Debt recovery may affect SBI and other lenders’ recoveries

Forex reserves post record $18.34 billion weekly fall as RBI supports rupee

• Reserves fell $18.34 billion to $747.56 billion, the biggest weekly decline on record
• Moneycontrol reports reserves at $757.46 billion; other reports give $747.56 billion
• Rupee pressure and reserve drawdown matter for banks, importers and oil companies

Swiggy 'cost for two' misleading? What Delhi consumer court's ₹1 lakh order means for diners

• A Delhi consumer court ordered Swiggy and a restaurant to pay ₹1 lakh compensation
• The order concerned unfair trade practices
• The ruling adds consumer-protection scrutiny for Swiggy and India’s food-delivery sector

Petrol, Diesel Prices On October 3: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More

• Global crude crossed $100 amid Middle East tensions
• State-run oil companies kept fuel prices unchanged on October 3
• Crude above $100 pressures margins for Indian oil-marketing companies if pump prices stay unchanged

India’s R&D gap: FM Sitharaman says ₹1 lakh crore scheme must boost private-sector innovation

India can sustain around 7% growth despite global concerns: Nilesh Shah

• Nilesh Shah sees around 7% growth for India this year
• His outlook factors in higher oil prices and deficient rainfall
• Oil prices and rainfall affect Indian energy companies, agriculture and consumer demand

FM Sitharaman Seeks Greater Certainty In Global Trade, Flags Risks Of Market Fragmentation

• Nirmala Sitharaman called for greater certainty in global trade and flagged risks from market fragmentation
• Trade-dependent Indian exporters are exposed to shifts in global trade and market fragmentation

Today’s Gold Rate in India October 3: Gold prices down in Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur

• 22- and 24-carat gold prices fell across metro cities on October 3

‘Big relief’ for online gaming: Sanjit Bangar flags sharp GST demand cuts, no director penalties

• Latest GST orders sharply reduced tax demands against major online gaming companies
• The orders imposed no penalties on directors
• Lower tax exposure offers relief to Indian online gaming companies

140 Indians discharged from Russian army: Govt seeks Moscow update on 55, 'balanced' trade push

• Around 140 Indians have been discharged from the Russian army
• India sought an update from Moscow on 55 Indians

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

Hindustan Zinc Q2 business update: Refine lead production jumps 14%, check here for more

• Mined metal production rose 5% YoY to 271 kilotonnes; saleable metal output increased 7% to 264 kilotonnes
• Refined lead production jumped 14%
• Higher output may support Hindustan Zinc’s revenue and sentiment for Indian metal producers

Next financial crisis may stem from cyberattack or geopolitical shock, RBI governor says

• RBI Governor Sanjay Malhotra said a future financial crisis may stem from cyberattacks, geopolitical shocks or technology failures
• The warning highlights cyber and operational risks for Indian banks and financial-sector technology providers

FM Sitharaman: Need to keep building resilience, not a one time exercise

• Nirmala Sitharaman called on the private sector to lead the investment cycle
• She urged businesses to increase spending on R&D
• Private investment and R&D spending shape prospects for Indian industrial and technology companies