Latest Financial News & Market Updates
- SBI Research expects India’s 10-year government bond yield to ease to 6.75%-7% by March 2027, even if the RBI raises the repo rate by 50 basis points to 6%. The report estimates an excess supply of ₹1.52 lakh crore in the Indian government bond market, but says lower borrowing requirements following bond switches and buybacks […]
- India's gross GST collections rose 22.9% year-on-year to ₹2.31 lakh crore in October 2026, while net collections increased 25.6% to ₹2.03 lakh crore. For April-October FY27, gross GST revenue grew 13.2% to ₹14.77 lakh crore and net revenue rose 12.6% to ₹12.69 lakh crore.
- The central government scrapped the export duty on petrol, raised diesel export duty to 11.5 rupees per litre, and fixed ATF export duty at 11 rupees per litre to ensure domestic fuel supplies.
- Microsoft’s buyout offer shows how little Indian law asks of employers who shed knowledge workers. A four-part floor, with jobless insurance costing about ½% of payroll, would fix that.
- LTCG cut won't stop the two big reasons for the FPI sell-off. It will be a temporary pain relief for a few, while triggering austerity for the majority.
- The Centre extended the customs duty exemption on cotton imports by two months until December 31, 2026, to help textile manufacturers facing tight domestic supplies and high prices.
- Piyush Goyal said reducing India’s imports from China depends on consumer preference for locally made goods. China imports rose 27% in April-August 2026, widening India's trade deficit.
- With the licence, Upstox joins rivals Groww, Zerodha and Angel One, which have also expanded their offerings into the fixed-income investment segment, according to a report by Moneycontrol.
- India's foreign exchange reserves slipped to $719.75 billion in the week ended October 23, even as foreign currency assets rose by $1.36 billion.
- The committee, chaired by former Central Vigilance Commissioner Suresh N. Patel, will examine the banking sector’s needs as India works towards its Viksit Bharat goal.
- Power Grid Corporation of India reported an 8.41% year-on-year rise in consolidated net profit to ₹3,866.16 crore for the quarter, while revenue increased 2.97% to ₹11,816.22 crore. The company also approved a first interim dividend of ₹3 per equity share for FY27, with November 6 as the record date.
- Hero MotoCorp's October 2026 dispatches rose 16% year-on-year to 7,34,403 units from 6,35,808 units. Domestic ICE dispatches increased 14% to 6,75,017 units, while VIDA's retail registrations grew 80% and its electric two-wheeler market share rose to 13.6%.
- Sudeep Shah, of SBI Securities, said the 22,800-22,850 zone would be a crucial support area for the index. A decisive break below 22,800 could intensify selling pressure and drag the Nifty towards 22,650 in the near term.
- Deccan Gold Mines' Bhalukona project in Chhattisgarh shows potential for over 4 million tonnes of nickel-copper-PGE mineralisation at an estimated grade of 0.24% nickel equivalent. The preliminary model covers only around 25% of the identified 1.3-km mineralised corridor and does not constitute a defined mineral resource or reserve.
- The company said wastewater discharged from its South Gujarat factory was non-hazardous and that it had received regulatory clearances after inspections by the Gujarat Pollution Control Board. The denial follows a Mint report alleging that untreated industrial water was released into the Chanandevi stream.
- If the week gone by was a results-heavy one, this one promises to be heavier than the last. Over 350 companies will be reporting their quarterly numbers during the course of Monday to Saturday, with over 70 results each on Tuesday and Wednesday, while over 90 results on Thursday. Nifty names like ITC, Hindalco, Tata […]
- Affle 3i will acquire 100% of Israel-based Perion Network for approximately $420 million, with shareholders receiving $11.70 per share in cash. The deal is expected to close in early 2027 and will expand Affle's CPCU advertising business across developed markets.
- Maruti Suzuki set a new record of more than 2.76 lakh units in monthly total sales, up 25% from 2.2 lakh units last year
- State-owned Coal India Ltd reported a 19.3 percent increase in provisional coal production to 67.2 million tonnes in October 2026, while offtake rose 18.7 percent to 70.3 million tonnes.
- KIMS has doubled the bed capacity of its Saveera Hospital in Anantapur from 250 to 500 beds. The expansion includes an Oncology Block with advanced cancer diagnosis and treatment facilities, and a dedicated Mother and Child Block with neonatal intensive care facilities.