YES Bank Q2 profit up 65% on NII; AT1 ruling impact not yet reflected
INDIA BUSINESS | Sat, 17 Oct 2026, 8:14PM IST
On a pro forma basis, the SC ruling on AT1 bonds would result in a net loss of 5,217 crore for the quarter and Rs 4,146 crore for the half-year
Continue reading at Business Standard
10m
NPPA caps trade margins on 137 cancer drugs at 30%, revised prices from Nov 9
INDIA BUSINESS | Sat, 17 Oct 2026, 7:52PM IST
India's National Pharmaceutical Pricing Authority has capped trade margins for 137 anti-cancer drugs at 30% of their maximum retail price. This cap, effective from November 9, applies to all listed drugs, including Atezolizumab and Bevacizumab. Manufacturers must adjust prices if they exceed the newly calculated maximum retail price. Compliance will be monitored by state drug controllers and hospitals, which play a significant role in drug supply.
Continue reading at Economic Times
32m
INDIA BUSINESS | Sat, 17 Oct 2026, 7:50PM IST
FSSAI has proposed maximum residue limits for two pesticides in tea under draft regulations published on October 16. The proposal sets a limit of 20 ppm for acetamiprid and 50 ppm for imidacloprid, aiming to strengthen food safety monitoring and provide clear compliance standards. The draft regulations are yet to be finalised.
Continue reading at Economic Times
34m
HDFC Banks post-merger integration work largely behind us, says incoming MD & CEO Anup Bagchi
INDIA BUSINESS | Sat, 17 Oct 2026, 7:38PM IST
HDFC Bank has made significant strides in integrating its merger with HDFC Ltd after its completion in July. The bank's incoming CEO, Anup Bagchi, emphasized the importance of maintaining strong credit quality during varying economic cycles. Bagchi also acknowledged the contributions of Deputy Managing Director Kaizad Bharucha and the wider team. The bank plans to further improve its branch network and technology capabilities in the future.
Continue reading at Economic Times
46m
INDIA BUSINESS | Sat, 17 Oct 2026, 7:34PM IST
A passenger travelling on the Kaveri Express received medical assistance after a wireless earbuds silicone tip got stuck in their ear during an overnight journey. According to a Reddit post, a call to Indian Railways 139 helpline prompted railway staff, the RPF and a doctor to coordinate help at Jolarpettai, where the earbud tip was removed.
Continue reading at Economic Times
50m
IDBI Bank Q2 profit falls 39% to 2,205 crore on high base of NSDL gains
INDIA BUSINESS | Sat, 17 Oct 2026, 7:31PM IST
IDBI Bank's Q2FY27 net profit declined 39% to 2,205 crore due to a high base from an NSDL stake sale gain. Excluding the one-off, profit rose 14%
Continue reading at Business Standard
53m
Central Bank of India Q2 profit rises 21% to 1,469 cr on strong NII growth
INDIA BUSINESS | Sat, 17 Oct 2026, 7:08PM IST
Interest income increased 18.45 per cent Y-o-Y to 10,357 crore, supported by a 27.6 per cent rise in interest earned on advances to 7,231 crore. Interest expenses rose 13.7 per cent to 6,211 crore
Continue reading at Business Standard
1h
More US universities to face J-1 visa probes
INDIA NEWS | Sat, 17 Oct 2026, 7:02PM IST
More US universities could come under investigation for potential J-1 visa fraud, US Department of Labor Inspector General Anthony D'Esposito said. He also said that subpoenas had been served and investigations were already underway.Nine universities under investigation for potential J-1 visa fraudmore to come. Companies suspended. Warrants executed. Subpoenas issued. American first. Just getting started," D'Esposito said in a post on X.— USLaborIG (@USLaborIG) Earlier, last Thursday, US Vice President JD Vance announced a federal investigation into nine universities over their use of J-1 visas. He alleged that some institutions were bringing foreign researchers to the US at lower wages than those paid to American workers.Also Read: US announces investigation into 9 universities, including Ivy League schools, over J-1 visasThe universities named in the investigation are the University of Pittsburgh, Yale University, Harvard University, Stanford University, Brown University, the University of California, Davis, the California Institute of Technology (Caltech), Arizona State University and the Massachusetts Institute of Technology (MIT).Vance alleged that American graduate students and researchers earned about $20,000 more than foreign researchers brought in under the J-1 programme for comparable work. He also said foreign nationals accounted for about 61% of postdoctoral workers and researchers supported by federal grants at the nine universities, compared with 38% at other universities.Also Read: US universities review CPT rules for international students as higher education groups seek court relief, hearing on November 6The J-1 visa programme allows foreign nationals to enter the US temporarily as exchange visitors for activities such as research, teaching, internships, training and other educational or cultural exchanges.The Labor Department's inspector general has also announced a Visa Fraud Strike Team to investigate and prosecute suspected visa fraud in high-risk programmes, including J-1 and H-1B visas. The initiative will bring together personnel from the departments of Labor, Justice and Homeland Security, US Citizenship and Immigration Services, Homeland Security Investigations and the State Department's Diplomatic Security Service.The authorities have said the investigation will examine whether visa misuse, improper financial relationships or foreign influence are compromising federally funded research.
Continue reading at Economic Times
1h
Agitators shut all gates of Bokaro Steel Plant; production impacted
INDIA BUSINESS | Sat, 17 Oct 2026, 6:30PM IST
Trained apprentices at Bokaro Steel Plant have blocked all 11 factory gates as part of their protest. This ongoing agitation, which entered its eighth day, includes an indefinite hunger strike. Protesters, mainly from displaced families, demand regularisation of their jobs and a clear recruitment policy. BSL management claims 204 of the 950 apprentices are already engaged as contractual workers.
Continue reading at Economic Times
1h
Maha FDA names Blinkit's Dhindsa, Reliance officials in expired food probe
INDIA MARKET | Sat, 17 Oct 2026, 6:20PM IST
In the case of a Zomato Hyperpure warehouse, a company representative named a contractor as its disposal agency which FDA officials could not trace, according to the documents
Continue reading at Business Standard
2h
Shridevi Institute, US-based Vaxonyx sign MoU for AI-driven cancer and genomic research
INDIA BUSINESS | Sat, 17 Oct 2026, 6:01PM IST
Shridevi Institute of Medical Sciences in Tumakuru has signed an MoU with Vaxonyx LLC for collaboration. This partnership aims to focus on AI-enabled bioinformatics and genomic research tailored for Indian populations. They will develop personalized cancer therapies by analyzing individual tumor profiles. The collaboration will also explore the creation of genomic datasets to improve genetic models. Moreover, they intend to develop DNA-based vaccine candidates for relevant public health issues.
Continue reading at Economic Times
2h
Axis Bank appoints former HDFC Bank veteran Rahul Shukla to head Commercial, Bharat Banking
INDIA BUSINESS | Sat, 17 Oct 2026, 5:52PM IST
Axis Bank has appointed Rahul Shukla as the group head of Commercial and Bharat Banking, effective October 19. He brings over three decades of banking experience, previously working at HDFC Bank and Citibank. Shukla's role will focus on accelerating growth and customer relationships in rural and semi-urban markets.
Continue reading at Economic Times
2h
Central Bank of India Q2 profit rises 21% as loans grow 30%
INDIA MARKET | Sat, 17 Oct 2026, 5:44PM IST
Central Bank of India reported a 21% rise in September 2026 quarterly net profit to Rs 1,469 crore, supported by 26% net interest income growth and 30% loan expansion. Asset quality improved, with net NPA declining to 0.31%, while operating efficiency strengthened.
Continue reading at Economic Times
2h
Exit Of The Anchor: Kaizad Bharucha's Three-Decade Run Inside India's Largest Private Bank
INDIA MARKET | Sat, 17 Oct 2026, 5:42PM IST
The banks disclosure confirms his requested cessation date.
Continue reading at NDTV
2h
Hotels business has hit a critical mass for ixigo, co confident of triple digit growth: Group CEO
INDIA BUSINESS | Sat, 17 Oct 2026, 5:40PM IST
ixigo has reported substantial growth in its hotel business, surpassing 5,000 room nights booked daily. The company is aiming to become a leading player in the mid-market hotel segment over the next few years. ixigo's revenue from hotel bookings has seen impressive year-on-year growth, primarily from its own user base. International flight bookings also showed significant growth, as domestic fares remained high.
Continue reading at Economic Times
2h
INDIA BUSINESS | Sat, 17 Oct 2026, 5:40PM IST
ixigo has reported substantial growth in its hotel business, surpassing 5,000 room nights booked daily. The company is aiming to become a leading player in the mid-market hotel segment over the next few years. ixigo's revenue from hotel bookings has seen impressive year-on-year growth, primarily from its own user base. International flight bookings also showed significant growth, as domestic fares remained high.
Continue reading at Economic Times
2h
INDIA BUSINESS | Sat, 17 Oct 2026, 5:37PM IST
Delhi's Food Safety Department found expired green peas, Greek yoghurt, brownies and cow ghee, along with flies, mosquitoes and a lizard, at food storage facilities operated by online food delivery and retail companies during inspections ahead of the festival season. The drive also uncovered unhygienic storage conditions and inadequate pest control. Of 59 desi ghee samples tested, 19 were found unsafe and four failed to meet food safety standards.
Continue reading at Economic Times
2h
Ixigo reports 63 crore net profit, 13% revenue growth in Q2 FY27
INDIA BUSINESS | Sat, 17 Oct 2026, 5:36PM IST
Ixigo reported an all-time high net profit of 63.42 crore in Q2FY27, aided by a partial stake sale in Freshbus, while revenue rose 13 per cent to 320.96 crore
Continue reading at Business Standard
2h
INDIA BUSINESS | Sat, 17 Oct 2026, 5:36PM IST
ICICI Bank reported a 20% year-on-year rise in Q2 net profit to 14,843 crore, supported by an 18% increase in net interest income. However, net interest margin narrowed to 4.18% from 4.36% in the previous quarter, with the bank expecting further pressure in Q3 due to foreign currency non-resident bank (FCNR-B) deposit mobilisation and branch expansion costs.
Continue reading at Economic Times
2h
States Are Stepping Up as the New Antitrust Enforcers
GLOBAL NEWS | Sat, 17 Oct 2026, 5:30PM IST
With the Trump administration taking a relaxed approach, attorneys general around the country have ramped up their scrutiny of mergers.
Continue reading at The New York Times
2h
Joining The Dots | A Week Of Closure, Yet Crude Delivers A Reality Check
INDIA MARKET | Sat, 17 Oct 2026, 5:22PM IST
IDBI Bank today is a far cry from the institution that needed rescuing in 2017. A deal at a price acceptable to the government also underlines the strength of the financial sector.
Continue reading at NDTV
3h
DLF eyes revenue growth from FY28 as 75,000 cr projects near completion
INDIA BUSINESS | Sat, 17 Oct 2026, 5:19PM IST
DLF expects revenue growth to accelerate from FY28 as projects worth 75,000 crore near completion. The company also expects further price increases at The Dahlias
Continue reading at Business Standard
3h
The Last Original Standing: Kaizad Bharuchas Three-Decade Run Inside Indias Largest Private Bank
INDIA MARKET | Sat, 17 Oct 2026, 5:19PM IST
The banks disclosure confirms his requested cessation date.
Continue reading at NDTV
3h
Axis Bank's Freecharge gets in-principle RBI nod to operate as payment aggregator
INDIA BUSINESS | Sat, 17 Oct 2026, 5:18PM IST
Axis Bank's digital payments platform Freecharge has received in-principle approval from the Reserve Bank of India. The approval allows Freecharge to operate under PA-O1 and PA-P1 categories starting in FY27. The bank has reported a 34% year-on-year growth in UPI transaction value for July-September. Digital transactions represented 98% of the total financial transactions during this quarter. Axis Bank continues to expand its digital payments operations, reflecting ongoing investment in technology.
Continue reading at Economic Times
3h
Kaizad Bharucha to exit HDFC Bank at end of December after three decades
INDIA BUSINESS | Sat, 17 Oct 2026, 5:10PM IST
Bharucha, 60, was among the contenders for the bank's top job, with the board recommending him as its internal candidate for the position of managing director and chief executive officer (MD & CEO)
Continue reading at Business Standard
3h
INDIA MARKET | Sat, 17 Oct 2026, 5:10PM IST
Q2 Results Live Blog: Track Updates
Continue reading at NDTV
3h
'Take It Down Now': Neha Sharma Warns of Legal Action Over AI Images and Videos Using Her Likeness
INDIA MARKET | Sat, 17 Oct 2026, 5:02PM IST
Actor Neha Sharma calls for action against AI misuse.
Continue reading at NDTV
3h
One last bittersweet pitch for HDFC Bank as CEO Sashidhar Jagdishan prepares to exit
INDIA BUSINESS | Sat, 17 Oct 2026, 4:51PM IST
HDFC Bank CEO Sashidhar Jagdishan, who will step down on October 26 after deciding against seeking a second reappointment, expressed confidence in the lenders resilience and growth prospects. He said the bank had overcome regulatory restrictions, the Covid-19 pandemic, a complex merger and monetary tightening, adding that governance issues had been settled.
Continue reading at Economic Times
3h
HDFC Bank deputy MD Kaizad Bharucha to step down on December 31
INDIA BUSINESS | Sat, 17 Oct 2026, 4:47PM IST
Kaizad Bharucha has submitted his resignation as deputy managing director of HDFC Bank, effective December 31, 2026. This decision follows the Reserve Bank of India's approval for Anup Bagchi to become the new managing director. Bharucha has served as a whole-time director since June 2014 and would have exceeded the 15-year tenure limit by June 2029. His departure marks a significant leadership change at Indias largest private-sector lender.
Continue reading at Economic Times
3h
HDFC Bank MD Kaizad Bharucha Seeks To Step Down On Dec. 31
INDIA MARKET | Sat, 17 Oct 2026, 4:36PM IST
HDFC Bank's Bharucha, widely considered one of the bank's key institutional pillars, has overseen wholesale banking, credit, and critical risk operations through several financial cycles. His planned year-end departure marks an important leadership transition for the bank as it prepares its top-deck structure heading into the new year.
Continue reading at NDTV
3h
HDFC Bank MD Kaizad Bharucha Requests Cessation Of Services From Dec. 31, 2026
INDIA MARKET | Sat, 17 Oct 2026, 4:36PM IST
HDFC Bank MD Kaizad Bharucha Requests Cessation Of Services From Dec. 31, 2026
Continue reading at NDTV
3h
HDFC Bank MD Kaizad Bharucha Requests Cessation Of Services, Seeks To Step Down On Dec. 31
INDIA MARKET | Sat, 17 Oct 2026, 4:36PM IST
HDFC Bank's Bharucha, widely considered one of the bank's key institutional pillars, has overseen wholesale banking, credit, and critical risk operations through several financial cycles. His planned year-end departure marks an important leadership transition for the bank as it prepares its top-deck structure heading into the new year.
Continue reading at NDTV
3h
Rising borrowing costs signal funding risks for global AI expansion: Jefferies report
INDIA MARKET | Sat, 17 Oct 2026, 4:34PM IST
As the financial markets grapple with emerging pressures, substantial investments in artificial intelligence infrastructure are evident. Companies like Oracle and CoreWeave are facing heightened credit risk, indicating struggles with borrowing amidst rising financing costs. Investors need to keep a close eye on credit spreads to gauge the viability of AI project funding.
Continue reading at Economic Times
3h
AI race may depend more on access to power, infrastructure than chip supply: Morgan Stanley
INDIA MARKET | Sat, 17 Oct 2026, 4:32PM IST
According to Morgan Stanley's latest analysis, the burgeoning AI infrastructure market is on track to experience a dire electricity shortfall by 2028. This impending shortage poses a serious risk for smaller enterprises striving to keep pace with their larger counterparts. A predicted 32-gigawatt power deficit threatens data-center development and chip deployment. While global strategies might be an option for some, the internal power dilemmas in the U.S. will persist.
Continue reading at Economic Times
3h
INDIA MARKET | Sat, 17 Oct 2026, 4:30PM IST
Brentford will look to continue their unbeaten run in the Premier League, when they face Liverpool at home on Saturday.
Continue reading at NDTV
3h
INDIA MARKET | Sat, 17 Oct 2026, 4:30PM IST
Find out where to watch Manchester City vs Ipswich Town live in India, along with the predicted lineups and match details.
Continue reading at NDTV
3h
Central Bank's net profit ticks up 21% in Q2 FY26
INDIA BUSINESS | Sat, 17 Oct 2026, 4:26PM IST
Central Bank of India reported a 21% increase in net profit amounting to Rs 1469 crore for September 2026. Net interest income grew by 26% to Rs 4146 crore, reflecting strong loan growth. Total advances rose by 30% to Rs 3.81 lakh crore, driven by retail, agriculture and MSME sectors. Despite a drop in other income, asset quality improved with net NPA decreasing to 0.31%.
Continue reading at Economic Times
3h
HDFC Bank deputy MD Kaizad Bharucha to step down on December 31
INDIA BUSINESS | Sat, 17 Oct 2026, 4:25PM IST
HDFC Bank Deputy Managing Director Kaizad Bharucha has sought to step down on December 31, 2026, amid a leadership transition at the lender. The RBI has approved Anup Bagchis appointment as CEO for a three-year term starting October 27.
Continue reading at Economic Times
3h
HDFC Bank deputy MD Kaizad Bharucha seeks to step down on December 31
INDIA BUSINESS | Sat, 17 Oct 2026, 4:25PM IST
HDFC Bank Deputy Managing Director Kaizad Bharucha has sought to step down on December 31, 2026, amid a leadership transition at the lender. The RBI has approved Anup Bagchis appointment as CEO for a three-year term starting October 27.
Continue reading at Economic Times
3h
more