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Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Clean Energy & Climate Transition 22 Oct 2026, 05:00 PM IST

Vast Fossil Record Rewrites the Story of Earth’s Great Extinctions

A sweeping new fossil analysis published in Nature is challenging the long-held view that Earth’s history is defined by five cleanly separated mass extinctions. The study suggests the fossil record is more complex and uneven than the classic narrative implies, with biodiversity losses and recoveries unfolding in overlapping waves rather than neat global resets. The findings could reshape how scientists assess deep-time climate stress, ecosystem collapse and the pace of biological recovery.

By RDU Global Wire5 min read

Defence, Intelligence & Aerospace16 Oct 2026, 02:16 PM IST

New York National Guard Engineer Battalion Mobilizes for Southern Border Federal Mission

New York Army National Guard soldiers assigned to the 204th Engineer Battalion have taken part in mobilization ceremonies ahead of a federal deployment to the U.S. southern border. The move underscores the continuing use of National Guard engineering units in domestic support missions tied to border security and infrastructure operations.

5 min readRead →

Banking, Fintech & Insurance16 Oct 2026, 12:13 PM IST

YES Bank Reviews Supreme Court Ruling on Rs 8,415 Crore AT1 Bond Write-Off as Shares Slide

YES Bank said it is examining the Supreme Court’s ruling that overturned the write-off of Rs 8,415 crore in additional tier-1 bonds, a decision that revives a major liability question from the lender’s 2020 reconstruction. The bank said it will make the necessary disclosures in light of the judgment and maintained that it complied with all regulatory disclosure requirements during the litigation process.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 11:13 PM IST

Yes Bank Shares Sink 20% After Supreme Court Rules Rs 8,415 Crore AT-1 Bond Write-Off Illegal

Yes Bank shares plunged as much as 20% after India’s Supreme Court ruled that the write-off of the lender’s Rs 8,415 crore additional tier-1 bonds was unlawful, handing a major victory to bondholders. The judgment is likely to reverberate across India’s banking and debt markets, sharpening scrutiny of how distressed banks treat hybrid capital instruments and how clearly such risks are disclosed to investors.

6 min readRead →

Markets, IPOs & Wealth15 Oct 2026, 10:53 PM IST

RIL Shareholders Faced October 13 Cutoff for Jio IPO Reservation as Listing Nears

Reliance Industries shareholders had to own RIL shares by October 13 to qualify for the reserved quota in Jio Platforms’ Rs 2,500 crore IPO, clarifying confusion over whether October 14 was the relevant date. The issue opens on October 21 at a price band of Rs 1,065 to Rs 1,119 per share, with listing expected on October 28.

6 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 09:30 PM IST

Supreme Court Upholds Bombay HC Order Quashing YES Bank’s Rs 8,415 Crore AT1 Bond Write-Off

The Supreme Court has upheld the Bombay High Court’s ruling that invalidated YES Bank’s write-off of Rs 8,415 crore in additional tier-1 bonds, a move that had been part of the lender’s March 2020 rescue plan. The decision strengthens the position of institutional and retail bondholders, who had challenged the loss of their investments, and could reshape how stressed-bank resolutions handle hybrid capital instruments in India.

5 min readRead →

Markets, IPOs & Wealth15 Oct 2026, 03:41 PM IST

Steel Stocks Rally After Government Extends Minimum Import Price on 66 Products

Indian steel and metal stocks advanced in afternoon trade after the government extended the minimum import price regime on 66 steel products, a move seen as supportive for domestic producers facing import competition. Shares of Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel rose more than 1% from the previous close as investors priced in a potentially firmer pricing environment.

5 min readRead →

Markets, IPOs & Wealth15 Oct 2026, 07:28 AM IST

Sebi Moves to Ease SME IPO Norms, Cut Entry Costs for Smaller Issuers

India’s markets regulator is preparing a broad easing of rules for small and medium enterprise initial public offerings, in a move aimed at lowering the cost and complexity of raising capital. The proposal includes reducing the minimum application amount and relaxing underwriting requirements, with potential benefits for companies meeting specified market capitalisation thresholds.

6 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 10:16 PM IST

Supreme Court Refuses Interim Stay on 0.4% UPI MDR, Issues Notices on New Levy

The Supreme Court on Tuesday declined to grant an interim stay on the government’s new merchant discount rate framework that imposes a 0.4% charge on certain UPI transactions above Rs 2,000. The court issued notices to the Centre, the Reserve Bank of India, the National Payments Corporation of India and other respondents after a public interest litigation challenged the legality of the levy.

5 min readRead →

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