CreditAccess Grameen is in advanced discussions to raise $175 million from a consortium of international lenders, including DBS and Standard Chartered, as it looks to strengthen its liability profile and diversify funding sources. The microfinance lender plans to meet a meaningful share of its annual borrowing needs through external commercial borrowings, even as hedging costs rise but remain manageable.
Workshaala has outlined a Rs 1,000 crore revenue target as it accelerates its push into enterprise workspace services, betting that Indian companies will continue to shift toward flexible, managed office models. The move signals growing confidence in a sector that is being reshaped by hybrid work, cost discipline, and the need for scalable real estate solutions.
The Supreme Court has held that a product’s tax classification must be determined by its physical form at the point of sale, not by how it may ultimately be used. In a setback for the revenue department, the court dismissed appeals seeking to tax Cadila Healthcare’s GRD Powder and GRD Mix as non-alcoholic beverages at 10%.
A tightly contested racing card produced a series of notable performances as Flight Of Fancy, Perfect Attitude, Battle Crown, Shining Dawn and Pledge emerged as the day’s standout names. The results underscored the depth of competition in the Indian turf circuit, where form, timing and tactical execution continue to separate winners from the rest.
The Securities and Exchange Board of India has given debenture trustees an additional six months to meet regulatory requirements, pushing the compliance deadline to April 27, 2027. The extension follows industry feedback that trustees are facing operational challenges, while Sebi continues to review the broader framework through an Expert Working Group.
The BRICS Forum has condemned the Pahalgam attack and voiced concern over the widening crisis in West Asia, underscoring the bloc’s emphasis on counterterrorism and regional stability. In a pointed statement, the forum said terrorism must not be linked to any religion, nationality, civilisation or ethnic group, and insisted that all those involved in terrorist acts be held accountable.
Reserve Bank of India Deputy Governor Poonam Gupta said India had the underlying strength to deliver growth above 8% in the absence of external shocks, underscoring the economy’s domestic resilience, investment momentum and ability to absorb global volatility. Her remarks come at a time when policymakers are weighing how far India can sustain high growth amid uncertain global demand, tighter financial conditions and geopolitical risks.
India’s Income-Tax Department is stepping up outreach to taxpayers with overseas properties, including holdings in the UAE, under a disclosure framework aimed at improving compliance on foreign assets. About 1,100 taxpayers have already applied under the Foreign Assets of Small Taxpayers-Disclosure Scheme, which remains open until December 31, while the department broadens access to foreign asset data received from overseas jurisdictions.
Punjab produced a commanding batting display on the opening day, reaching 289 for 6 on the back of significant contributions from Prabhsimran Singh, Salil Arora and Ramandeep Singh. The innings combined early intent with middle-order resilience, putting Punjab in a strong position and forcing the opposition to chase the game from the outset.
India’s Ministry of Health and Family Welfare has marked Special Campaign 6.0 with a health screening camp and a dialogue programme for sanitation workers, underscoring a governance push that combines workplace welfare with administrative cleanliness. The initiative reflects a broader effort by the central government to institutionalize service delivery, employee engagement, and public-facing hygiene practices within ministries and attached offices.
Asian equities advanced in early trade as renewed enthusiasm for artificial intelligence lifted semiconductor shares and improved risk sentiment across the region. The MSCI Asia Pacific Index gained 0.6%, with Japan, Australia and South Korea all moving higher, while SK Hynix surged after reporting stronger-than-expected operating profit and outlining ambitious shareholder returns.
ixigo has announced new partnerships with Uber and redBus to let users book cabs and buses natively inside its trains app, expanding the platform beyond rail ticketing into a broader multimodal travel experience. The move strengthens ixigo’s position in India’s fast-growing digital travel market by reducing friction at the start and end of train journeys.
Harry Kane has been crowned the Ballon d'Or winner, becoming the first Englishman to claim football's most prestigious individual honour since Michael Owen in 2001. The award marks a defining moment in Kane's career and a notable shift in the global recognition of English football talent, while Spain's Alexia Putellas secured the women's award in a separate but equally significant triumph.
The Madras Players are bringing Sujatha’s 'Adimaigal' to the stage in an English adaptation directed by P.C. Ramakrishna, reframing the classic work for contemporary audiences. The production examines how power operates inside a family, and how silence, compromise and moral drift can make ordinary people complicit in abuse.
Astranova Mobility’s lending arm, Novafusion Capital, has secured Reserve Bank of India approval to operate as a non-banking financial company, giving the EV-focused group a regulated platform to expand financing across India’s mobility transition. The company says it is targeting Rs 5,000 crore in assets under management over the next five years, positioning credit as a critical enabler for commercial vehicle electrification.
US equities opened higher as easing oil prices helped cool inflation concerns and lifted sentiment across growth stocks, with the S&P 500 and Nasdaq both advancing in early trade. Investors are now focused on the Federal Reserve’s upcoming decision, widely expected to leave rates unchanged after last month’s increase, while a wave of major technology earnings is set to test the market’s confidence in artificial intelligence spending.
Japan’s Nikkei 225 surged nearly 2% on Wednesday, ending a three-session losing streak as renewed enthusiasm around artificial intelligence and a reported U.S. IPO filing by Anthropic lifted semiconductor and automation shares. Advantest, SoftBank Group and Tokyo Electron led gains, tracking strength in American chip stocks and broader risk appetite across global markets.
Sai Pallavi has been announced as IPS officer Nithya Reddy in 'OM – Chapter 1', the upcoming action thriller from actor-producer Dhanush and director Rajkumar Periasamy. The film, which also stars Malayalam icon Mammootty, is slated for a theatrical release on November 20, positioning it as one of the season’s most closely watched Indian cinema releases.
At The Hindu Semiconductor Summit 2026, senior business leaders argued that India’s chip ambitions should be guided by industrial capability, supply-chain resilience and global competitiveness rather than nationalist rivalry. Their remarks reflected a broader concern that semiconductor policy must avoid becoming a geopolitical slogan and instead focus on execution, talent and long-term capital formation.
As tribal sounds travel from local performance circuits to films, streaming platforms and advertising, creators and communities are often left with inadequate credit, weak contracts and vanishing royalty streams. The result is a familiar pattern in India’s cultural economy: the music becomes mainstream, but the people who shaped it remain on the margins.
The National Housing Bank has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of fictitious loan accounts, repayment record manipulation and possible fund diversion. The probe is expected to assess loan disbursements, borrower identities, asset classification and end-use of funds, with potential implications for regulatory action and the lender’s financial outlook.
India’s festive vehicle market is showing a split demand pattern, with two-wheelers outperforming passenger vehicles in the first two weeks of the season, according to Jefferies. Two-wheeler registrations rose 16% year-on-year, while passenger vehicle registrations fell 6%, underscoring a more price-sensitive and uneven consumer recovery.
Tamil Nadu Chief Minister Vijay will chair a state Cabinet meeting on October 29, with several significant policy decisions expected to be placed before ministers. The meeting comes at a time when the government is likely to weigh administrative priorities, sectoral interventions, and implementation timelines across key departments. While the agenda has not been formally detailed, the session is expected to serve as an important decision-making forum for the state administration.
Fairfax Financial’s subsidiary has secured a 60.7% stake in IDBI Bank in a ₹52,878 crore transaction, setting the stage for a major shift in ownership and management. The deal gives the new controlling shareholder a rare opportunity to reshape the lender, but the harder task will be improving asset quality, managing employee resistance and sustaining profitability in a competitive banking market.
India’s startup ecosystem entered the final week of October with a familiar mix of resilience and restraint, as founders, investors and operators continued to navigate a tougher capital environment. Tuesday’s roundup underscores a market that is still producing growth stories, but increasingly rewarding efficiency, execution and clear paths to profitability. The broader message from the day’s developments is that the era of easy money remains firmly in the rear-view mirror.
IndiaMART InterMESH reported a 9.8% year-on-year rise in net profit to ₹90.7 crore for the September quarter, underscoring resilient demand across its B2B marketplace despite a still-competitive digital commerce environment. The results point to steady operating performance for one of India’s most established business-to-business ecommerce platforms, with investors likely to focus on user growth, monetisation trends and the company’s ability to sustain margins.
The Central Marine Fisheries Research Institute has supplied 5 lakh green mussel seeds to coastal fisher communities in Maharashtra, in a move aimed at converting marine research into income-generating livelihoods. The initiative is designed to promote sustainable bivalve farming along the state’s coast while diversifying earnings for fishing households facing pressure from seasonal catches and climate variability.
Vedanta Iron and Steel cut its second-quarter loss to Rs 324 crore in Q2 FY27 from Rs 477 crore a year earlier, even as revenue declined 1.7% to Rs 2,742 crore. The company said stronger steel realisations, efficiency gains and record half-year pig iron output helped lift EBITDA 56% to Rs 83 crore, signalling a modest operational recovery despite softer top-line growth.
India wicketkeeper-batter Ishan Kishan has been ruled out of the third T20 international against New Zealand as a precautionary measure after sustaining a right adductor strain in the series opener last week. Team management is understood to be prioritising his recovery, with the decision aimed at preventing any aggravation of the injury ahead of a longer international calendar.
The Bapatla district administration has activated a round-the-clock control room and issued emergency helpline numbers as Cyclone Arnab intensifies concern along Andhra Pradesh’s coastal belt. The move is aimed at improving response coordination, ensuring rapid assistance, and reducing the risk to residents in vulnerable low-lying and coastal areas.
Cipla reported a sharp 35% year-on-year decline in second-quarter net profit to Rs 878 crore, as weaker North American sales and softer operating performance dragged on earnings. Revenue fell 2% and EBITDA also declined, even as the company posted 12% growth in India and highlighted regulatory progress and a biosimilar partnership to support its pipeline.
HDFC Bank has endured a bruising year marked by governance scrutiny, leadership upheaval, questions over overseas operations and pressure on post-merger profitability. A fresh probe into alleged leaks of confidential information now adds another layer of uncertainty as incoming chief executive Anup Bagchi prepares to take charge and steady India’s largest private lender.
Karnataka has published its final electoral roll after completing the Special Intensive Revision, a sweeping exercise that removed more than 99.32 lakh names from the voter list. The revision marks one of the most consequential clean-up drives in the state’s electoral administration, with implications for voter verification, inclusion, and the integrity of the rolls ahead of future polls.
Shah Rukh Khan has unveiled a new poster for his upcoming action film King, offering a stark first look at the actor in a brooding, high-intensity avatar. Directed by Siddharth Anand, the film is positioned as a major ensemble spectacle, with Deepika Padukone, Rani Mukerji, Anil Kapoor, Abhishek Bachchan, Jaideep Ahlawat, Arshad Warsi and Suhana Khan among the key names attached.
Jiraaf founder Saurav Ghosh has underscored a core principle of portfolio construction: investors should not assume that a single strategy suits every financial goal, risk profile or time horizon. His remarks come at a time when Indian households are increasingly exposed to a wider range of investment products, from fixed-income alternatives to equity-linked instruments, making suitability and diversification more important than ever.
Railways recovered from early pressure to post 184 against Tamil Nadu in a Ranji Trophy contest, with Zubair anchoring a decisive 61-run last-wicket stand with Himanshu after the visitors were reduced to a precarious position. Sonu set the tone for the hosts with a three-wicket opening burst, but Railways’ lower order ensured the innings did not collapse entirely.
Nelson Dilipkumar’s 'Jailer 2' builds on the template of the 2023 hit with greater control, sharper comic rhythms and a more confident sense of escalation. The film works best when it gives Rajinikanth room to unleash his trademark swagger, turning the sequel into a crowd-pleasing blend of action, humour and carefully timed spectacle.
Indian retail investors continue to fall for three persistent mutual fund myths: that a lower NAV makes a fund cheaper, that new fund offers are automatically superior, and that smaller funds always outperform larger ones. The real differentiators, advisers say, are investment philosophy, portfolio discipline and the quality of fund management.
Kylian Mbappe scored twice as Real Madrid stunned Barcelona 2-1 in a gripping La Liga Clasico, handing the champions their first domestic defeat of the season. Mbappe struck before half-time and again late on after Raphinha had levelled, underlining Madrid’s edge in a match that could shape the title race.
The Indian Premier League has set November 15 as the deadline for franchises to submit their retention lists ahead of the 2026 mini-auction, which will be held in Goa on December 16. The timeline gives teams a narrow but crucial window to finalise squad strategy, balance budgets and decide which core players to retain before the auction market opens.
Rajinikanth’s 'Jailer 2' has breached the ₹500-crore global box office mark within its first week, according to producer Sun Pictures, marking what the banner says is the highest-grossing opening week in the history of Tamil cinema. The milestone underscores the continuing commercial dominance of the superstar and the expanding reach of Tamil-language tentpoles across India and overseas markets.
HDFC Bank enters a critical phase as its new leadership takes charge amid a bruised stock performance and heightened investor scrutiny. The lender, long regarded as one of India’s most dependable banking franchises, is now under pressure to restore confidence through steadier growth, stronger margins, and clearer execution after a period of underperformance relative to peers.
A new study by IIT-Bombay professors has called for a steep reduction in the Merchant Discount Rate on UPI transactions, arguing that the current 0.40% charge should be cut to 0.08% for third-party application providers. The report also says banks should not rely on transaction fees for UPI and should instead support the ecosystem through funds drawn from CASA deposits, alongside stronger service infrastructure to build trust in digital payments.
Tata Communications is preparing to invest $400 million to $450 million, or about ₹4,350 crore, to build 10,000 kilometres of AI-ready connectivity infrastructure across India, according to the company’s plan. The move underscores how telecom and digital infrastructure providers are repositioning for the surge in artificial intelligence workloads, which require faster, denser and more resilient network backbones.
Theatre group Ank is marking its golden jubilee with a new production that returns to one of coastal India’s most formidable historical figures, Veera Rani Abbakka. Written, directed and headlined by Priita Mathur Thakur, the play seeks to reframe the queen of Ullala as both a military strategist and a symbol of resistance, bringing regional memory into a contemporary cultural spotlight.
Nayanthara has come on board Rajinikanth’s next film, tentatively titled 'Dharman,' marking another high-profile reunion between two of Indian cinema’s most bankable stars. The casting adds immediate commercial weight to the project and renews interest in a screen partnership that has repeatedly drawn audience attention across multiple films.
ixigo has expanded its trains app with native booking access for Uber cabs and redBus buses, a move aimed at making rail journeys more seamless from first mile to last mile. The partnerships underscore a broader race among Indian travel platforms to capture more of the trip lifecycle and lift user engagement beyond ticketing.
A loud sound reported in Hyderabad’s Attapur and Rajendranagar localities on Tuesday afternoon triggered brief panic among residents, with many initially fearing an explosion or other major incident. Authorities moved quickly to assess the situation, even as no immediate confirmation of a blast or casualty was available at the time of reporting.
Goa recovered from a testing start after Vidarbha’s bowlers made early inroads, with Kasvankar and Misal anchoring the response in a composed rescue effort. The passage of play underlined Vidarbha’s discipline with the new ball, but also Goa’s ability to absorb pressure and rebuild through patience and partnerships.
The second season of The Terminal List broadens its scope while tightening its storytelling, giving Chris Pratt’s James Reece a more focused and emotionally charged mission. The result is a grimmer, more accomplished military thriller that leans into graphic violence but also benefits from stronger pacing and a wider canvas.
