Real-time market updates from India's financial markets and global sources.
50 articles
Sean ‘Diddy’ Combs was reportedly taken from a New Jersey federal prison to hospital after suffering a head injury. The injury was described as non-life-threatening, while his representative said they were working to confirm the circumstances.
mint - news
Actor Selma Blair was arrested at New York’s JFK Airport after an alleged altercation aboard a Delta flight from Los Angeles left two flight attendants injured. Her representative said a medical emergency led to the incident. The FBI is investigating.
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Google says its $15 billion Visakhapatnam AI hub will use air cooling to limit water consumption, but protests over land acquisition, environmental risks and employment persist. The facility is expected to become operational in 2028.
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On October 21 and 22, 2023, the Orionid meteor shower will be visible in Indonesia. People can expect to see shooting stars without any tools and without city lights. The best viewing time will be after the Moon sets around 2:30 a.m. While in cities like Jakarta and Makassar, finding a dark place will enhance visibility. Adjusting to darkness for 30 minutes will help catch more meteors in the sky.
News-Economic Times
News-Economic Times
News-Economic Times
News-Economic Times
The Nasdaq composite index faced a downturn as oil prices surged following attacks on a Saudi airport. With major banks set to release their earnings reports, investor focus sharpens this week. The S P 500 and Dow Jones saw mixed performances, while the energy sector thrived. Heightened inflation concerns due to rising oil costs have begun to sway investor confidence, mirroring a cautious market atmosphere tied to earnings and economic uncertainties.
Markets-Economic Times
The Supreme Court has asked the government to address high markups on medicines and medical devices. The court questioned the decision to limit recent price controls to anti-cancer drugs alone. Concerns were raised about the inflated prices of common medical devices such as cardiac stents. The court emphasized the importance of controlling medicine prices for the benefit of patients. Further hearings on this matter are scheduled for October 27.
News-Economic Times
The Centre will collaborate with states to create standard procedures for handling arrest cases. Starting April 1, 2027, an invoice management system will be mandatory, minimizing human errors during digital matching. A quarterly review of GST refund risk assessment will also be implemented to maintain consistency across jurisdictions. The proposed changes aim to decriminalize several GST offences and decrease litigation for businesses.
Economy-News-Economic Times
BMI has raised India's economic growth forecast for 2026-27 to 7.5% from the previous estimate of 6.8%. The agency cites strong growth momentum and ongoing investment in artificial intelligence as key factors. However, risks from rising oil prices and potential El Nino disruptions could negatively impact growth. Additionally, the forecast for 2027-28 has been adjusted down to 6.3%, reflecting concerns for household consumption.
News-Economic Times
Four opposition parties in Israel are collaborating to remove Benjamin Netanyahu from power in the upcoming election. While they agree on ousting Netanyahu, their commitment to alter policies regarding Palestinians is uncertain. Notably, key leaders within the alliance maintain strict positions against Palestinian statehood and support for settlements. The potential shift in government may not lead to significant changes in the treatment of Palestinians.
News-Economic Times
Michele Tafoya, a former sportscaster, is running for the Senate in Minnesota with a focus on accountability. Her campaign emphasizes fiscal responsibility, government transparency, and family-oriented policies while criticizing corruption. Tafoya's financial disclosures reveal a wealth significantly higher than her opponent, Peggy Flanagan, raising potential voter concerns. Flanagan has highlighted her background, focusing on economic issues affecting everyday families.
News-Economic Times
Eddie Murphy quote of the day: “You don’t have to prove you’re the funniest person in the room” - Eddie Murphy is an American comedian, actor, writer and producer born on April 3, 1961, in Brooklyn, New York. He first gained widespread attention after joining Saturday Night Live in the early 1980s, where his impressions and comic performances helped establish his reputation. He went on to star in films including 48 Hrs., Trading Places and Beverly Hills Cop.
News-Economic Times
GLOBAL-MARKETS:Oil rallies, sending dollar higher on expectations of higher US rates
mint - markets
Speaking to ET, Nikolaus Lang, managing director senior partner at BCG highlighted the Indian market as the biggest draw for investors amid a sweeping global realignment. He, however, stressed on sustained focus on infrastructure development, skilling and cost competitiveness for India to further enhance its manufacturing footprint on a global scale.
Economy-News-Economic Times
News-Economic Times
Farmers in India are likely to reduce wheat planting this winter due to water scarcity and low minimum support prices. Regions such as Rajasthan, Gujarat, and Madhya Pradesh may see the most significant impact from these conditions. The state governments are encouraging farmers to consider crops that require less water, which may lead to a shift in crop choices.
Economy-News-Economic Times
BJP leaders are criticizing Rahul Gandhi for his recent protests and statements regarding electoral issues. They accuse him of undermining constitutional institutions and engaging in theatrics. Union Minister Shivraj Singh Chouhan has labeled Congress leadership as lacking vision. BJP MP Anurag Thakur emphasizes the need for evidence over mere allegations in political discourse. The party believes Congress should reflect on its leadership instead of blaming others for electoral failures.
News-Economic Times
Demand for crude oil may have peaked in 2025, partly as higher need for fuels is increasingly met by biofuels, according to FGE NexantECA.
mint - markets
The Supreme Court called for a balanced approach to firecracker usage during discussions on air pollution. Chief Justice Surya Kant emphasized public awareness and self-restraint over enforceable restrictions. Discussions included concerns about health risks particularly affecting vulnerable groups such as children and the elderly. The bench suggested promoting safer alternatives to highly polluting firecrackers during festivals.
News-Economic Times
Assocham has suggested that the ministry improve technical qualification requirements for companies involved in transmission projects. This proposal aims to ensure that only experienced developers participate in the bidding process. The current framework allows companies to qualify based on broad infrastructure experience, which may delay project execution. The association recommends that qualifications be tailored to project value, voltage class, and complexity.
Economy-News-Economic Times
Cleveland Fed President Beth Hammack has stressed the urgency of adopting a strict monetary policy as a response to mounting inflation that now permeates various sectors, not just energy. She advocates for prompt adjustments to keep inflation on target at 2%, emphasizing transparency in Fed policies to aid both households and businesses in their financial planning amidst rising prices.
Markets-Economic Times
Vedanta, TCS, Continental Controls and Energy Infrastructure Trust have set October 14 as the record date for announced corporate actions. nbsp;
mint - markets
The Trump administration is planning to move three senior officials of the Center for Advancing Innovation and Standards for Super Intelligence to the White House, The Information reported on Monday, citing a White House official.
Tech-Economic Times
The two sides also agreed to exchange data annually on the use of CETA, which came into effect on July 15. The data will cover businesses' claims for lower tariffs and feedback on implementation, beginning a year after the pact comes into force. "Communities across the UK and India are set to benefit from over £1 billion in new deals.
Economy-News-Economic Times
IRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while maintaining that distribution costs must be aligned with the value delivered to the policyholder, and selling incentives must reward persistency rather than first-year sales.
Banking/Finance-Industry-Economic Times
Bumble is reportedly in advanced negotiations for a private acquisition by Ithaca Holdings, which values the company at approximately $1 billion. This potential acquisition follows a decline in Bumble's market valuation, which was around $389 million recently. Shares of Bumble saw a significant increase, which rose nearly 52% after the acquisition discussions became public. The company is facing challenges in a competitive market, particularly with younger users disengaging.
Markets-Economic Times
Scrutiny of AI safety has intensified after developers including Anthropic and OpenAI disclosed instances of rogue or undesired behaviour by AI agents. Some industry figures have warned the technology could pose an existential threat to humanity.
Tech-Economic Times
At least four people from Pakistan-occupied Jammu and Kashmir were killed in an IED blast near the Line of Control in Poonch on Monday. The incident prompted heightened security, while Indian Army troops separately found and defused two landmines in Mendhar.
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Pope Leo XIV is due to undergo surgery at Rome’s Gemelli Hospital to remove a small, localised lung nodule detected during recent medical examinations. The Vatican expects about a week of recovery, but has not disclosed whether the growth is cancerous.
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Shares of Bumble rose around 21% in afternoon trading. Reuters exclusively reported earlier this year that Bumble is exploring a sale amid slowing growth in the online dating sector.
Tech-Economic Times
The launch comes after CEO Mark Zuckerberg pledged billions of dollars and aggressively poached researchers over the past year to catch up in Silicon Valley's intensifying AI race.
Tech-Economic Times
China is racing to power a future of artificial intelligence and robots with renewables. But as it builds more electricity capacity than ever before, it faces a new challenge: whether the grid can keep up. (Source: Bloomberg)
Bloomberg Markets
A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current rate of 0.40 percent should decrease to 0.08 percent for third-party application providers. Additionally, the study suggests that banks should not depend on transaction fees but use funds from CASA deposits. It emphasizes the development of necessary services to enhance trust in digital payments.
Banking/Finance-Industry-Economic Times
A selloff in chipmakers left stocks wavering ahead of the earnings season, with traders also gearing up for this week’s inflation data that will be key in shaping the Federal Reserve outlook.
Bloomberg Markets
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressing the need to ensure that the digital payments platform does not attract negative sentiment among users.
Banking/Finance-Industry-Economic Times
OnePlus’s Ice Card Mini is a compact magnetic cooler designed to reduce phone heat during gaming. Weighing 50 grams, it attaches to a phone’s back, runs on USB-C and offers two cooling modes. nbsp;
mint - technology
DBS Bank CEO Tan Su Shan addressed concerns about capital outflows from India and highlighted strong demand for FCNR(B) deposits. She emphasized the need for more foreign direct investment and exports to support the rupee's stability. Tan expressed optimism about India's potential in artificial intelligence due to its software talent and digital infrastructure developments. The importance of improving hardware capabilities alongside software strengths was also noted in her discussion.
Banking/Finance-Industry-Economic Times
Guardrails, safe architecture key to unlocking AI gains for enterprises: Airtel Business CEO
mint - technology
PNB Housing Finance anticipates a minor enhancement in net interest margin due to the Reserve Bank's recent rate hike. The lender's margin improvement is expected to be between 5 to 8 basis points and will benefit customers through cheaper loans. The company is also experiencing positive demand momentum in the housing finance sector. Additionally, PNB Housing Finance has received a credit rating upgrade to AAA/Stable from Crisil.
Banking/Finance-Industry-Economic Times
A look at the key economic developments, data releases and market events that could shape the week ahead.
mint - economy
Focus on actual payouts, not just claim settlement ratios: IRDAI Chairman BusinessLine‘Only 48% of life policies are renewed for over 5 years’ The Times of IndiaFat commissions, thinning markets Hindustan TimesMis-selling not widespread in general insurance segment: IFFCO-TOKIO director Alpana Singh Deccan HeraldIRDAI may allow transition period for insurance fee cap The Economic Times
Business - Latest - Google News
The most trustworthy Super Intelligence system will not be the one powered by the model users trust the most, but rather the system that allows people to trust the model the least, Microsoft Chief Executive Officer Satya Nadella stated in a post on X.
mint - technology
GTRI urged the government to withdraw a proposed 0.4% fee on UPI merchant transactions above ₹2,000, warning it could raise prices, squeeze small businesses and weaken demand. Here's what it has recommended… nbsp;
mint - economy
Google teased the Fitbit Edge tracker for October 12, 2026, revealing a metal chassis and canyon color scheme. Leaks suggest seven-day battery life, iPhone support, Gemini integration and a price near $180. Google says the tracker has no confirmed launch date in India, Japan or Turkey.
mint - technology
Venezuela's interim President Delcy Rodriguez has authorised Elon Musk's SpaceX-operated satellite internet service Starlink to operate in the country, Reuters reported, citing a statement from the Venezuelan government.
mint - technology
The reported cuts come as Apple has increased prices across its latest Pro lineup. The iPhone 18 Pro starts at $1,199, while the iPhone 18 Pro Max is priced at $1,299, marking a $100 increase for each model compared with its predecessor
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SBI Capital said gradual rate increases remain the most likely scenario, although a larger hike in December 2026 cannot be ruled out
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News content is aggregated from publicly available sources. WelthWest does not claim ownership.