The Veritas Desk

Indian technology services shares have repeatedly gained when AI-heavy global stocks fall, as investors weigh India’s limited exposure to AI infrastructure

Softer crude eased concerns for oil-importing economies and supported Indian shares on Thursday, but prices rose again on Friday

Foreign institutional investors made their largest single-day net purchase in almost six years as capital moved out of AI-linked stocks

Japanese shares fell sharply as the technology sell-off spread across Asia, in contrast with gains in Indian equities

South Korea’s benchmark triggered a circuit breaker after falling more than 8 per cent, as investors reassessed valuations of technology shares

The Sensex and Nifty extended a six-session rally while Wall Street and Asia sold off, helped by foreign inflows and softer crude prices

What the Democratic Win Means for India

Oil-to-chemicals EBITDA rose 67.9 per cent to ₹25,203 crore, while Reliance Retail’s profit fell 24.3 per cent in the September quarter

Net profit for the September quarter reached ₹8,389 crore on revenue of ₹40,475 crore, up 11.4 per cent, days after a blockbuster stock-market debut

The expiring December contract rose 2.4 per cent as traders weighed a possible escalation in the Iran war after the United States’ midterm elections

Foreign currency assets rose $1.36 billion in the week to October 23, but a $2.65 billion drop in gold holdings pushed total reserves lower

Shares touched a record $351.73 on the day the iPhone Duo reached stores, but Nvidia retook the lead by the closing bell

The S&P 500 fell 0.5 per cent, the Dow 1.2 per cent and the Nasdaq 0.2 per cent as inflation and financing worries grew

Benchmarks extend losses to a third session as rising oil, a weaker rupee and Middle East tensions weigh on sentiment

The benchmark rose 3.1 per cent to $116.72 as Houthi strikes on Saudi energy sites and Hormuz attacks sharpened supply fears

Sensex gained 3.1% and Nifty 2.8% as earnings reassurance lifted software shares, with the Nifty IT index posting its steepest weekly gain in 18 years

The index closed at 23,146.15 on Friday, above a long-term trend line it failed to clear a week earlier; analysts watch 23,100–23,500

The Centre has cleared the sale of a 60.72% stake to the Canadian group; the Reserve Bank’s approval and an open offer remain

Jio Platforms has set a ₹1,065–1,119 price band for an all-fresh issue that would overtake Hyundai Motor India’s 2024 offer as India’s largest

A chip-led sell-off from Seoul to New York, rising borrowing costs and an IMF warning have sharpened scrutiny of the AI spending boom

Titan and metal stocks led declines on Wednesday while Kotak Mahindra Bank gained, as investors weighed higher borrowing costs against a firmer growth outlook

Reserves declined for a fourth straight week to $734.6 billion as of October 2, the RBI Governor's policy statement showed

The currency traded near 96.8 per dollar, just short of its record low of 96.96, as oil, foreign outflows and US yields weighed

The 25-basis-point increase is the Reserve Bank's first since February 2023, as the Monetary Policy Committee cites broadening inflation and energy-price risks

Finance Minister Nirmala Sitharaman says negotiations have reached a "plateau" as a new US law enables tariffs of up to 100% on Russian-oil buyers

Parliament's Public Accounts Committee has examined an audit finding that four earmarked reserve funds received less than the cess collected for them in 2024-25

State-run lender withdraws three-year issuance after investor bids exceeded acceptable pricing amid rising benchmark yields

High Density Data Centre gets clearance for a 1 GW facility in Cuttack, among India's largest-ever digital infrastructure investments

Benchmark index falls for a seventh straight week, matching its worst stretch since the pandemic-driven sell-off of 2020

Government to raise ₹7.86 lakh crore via gilts between October and March, citing debt-switch savings and fiscal prudence

India South Central, the company's fourth Indian cloud region, arrives as the state aims for about $30 billion in AI infrastructure investment by 2029

MCX futures trade near ₹1.51 lakh per 10 grams while global spot prices hover around $4,250 an ounce

The currency ended at 95.9550 per dollar; state-run bank dollar sales, likely for the RBI, kept it from breaching 96

India's largest bourse was oversubscribed 5.7 times, with shares set to debut on the exchange it operates this Thursday

Priced at ₹1,700–1,785 a share, India's second-largest public issue is entirely an offer for sale; allotment is due Tuesday and listing on Thursday

Following the settlement of a decade-old co-location dispute, the offer drew bids for all shares by Friday afternoon; retail was 65 per cent booked

NPCI notifies a 0.4% merchant charge on UPI payments above ₹2,000 from October 15, clarifying that ordinary users pay nothing extra

Benchmark indices fell for a second straight session to a three-month low as Brent crude approached $100 a barrel amid West Asian tensions

Escalating US-Iran strikes on tankers and a Saudi Aramco facility attack pushed oil to seven-week highs, rattling global markets and Indian equities

Insurance behemoth gets a one-year window to raise its holding in the private lender from 4.35% to nearly 15%, pending market conditions

The 33-year Yamuna Rejuvenation plan: A Financial Paradox a Cost Taxpayers Still Can’t Explain

Burari’s Road Crisis: Public Protests as State Accountability Takes a Backseat

Taxpayers in the Trash: How Institutional Failure Turned Uttam Nagar into an Open Sewer

Real GDP expanded 7.8% in April-June FY27, exceeding RBI's projection and extending India's run as among the world's fastest-growing major economies

RBI data shows the CAD rose to $4.2 billion in April-June 2026 as the merchandise trade gap expanded sharply on higher commodity prices

August's gross GST mop-up hit ₹1.99 lakh crore, driven by a 29% surge in import revenue even as refund outflows climbed sharply

Tata Consultancy Services will buy Porsche AG's consulting subsidiary MHP and sign a five-year, €1.25 billion AI partnership with the automaker

Repeated gameplay leaks by a group calling itself Cyberleek have pushed Take-Two Interactive to seek user data from Microsoft and Discord ahead of the November release

BofA survey shows 32% of fund managers now underweight Indian equities, citing thin AI exposure, even as corporate earnings post their strongest growth in ten quarters

Embassy REIT posts record Q1 leasing on GCC demand and eyes Hyderabad expansion, while the RBI's new deposit-pricing directions take effect October 1, mandating branch-wise rate uniformity

India's largest carmaker posts a nearly 9-11% fall in net profit for Q1 FY27, as commodity, energy, and logistics costs linked to the West Asia conflict outpace strong top-line growth

The Monsoon Session 2026, held from July 20 to August 13, comprised 19 sittings over 25 days before being adjourned sine die.

CJP held protests on 20th July as "chalo sansad". However, Delhi police showed heavy violence and crackdown to restraint crowd, with CJP showing no signs of calling off their protest without Dharmendra Pradhan's resignation.

A woman hurled ink-like liquid at CJP founder Abhijeet Dipke hours after Wangchuk's removal from the site

Argentina's title defence opens in devastating fashion as Lionel Messi scores three times against Algeria in Group J

The Bharatiya Janata Party ends 15 years of Trinamool Congress rule, becoming the first right-wing party elected to govern West Bengal

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