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INDIA BUSINESS | Tue, 6 Oct 2026, 9:57PM IST Amazon India revealed that the demand for premium and AI-powered consumer electronics is rising across Assam ahead of the Amazon Great Indian Festival (AGIF) 2026, which begins on October 8.

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INDIA BUSINESS | Tue, 6 Oct 2026, 9:53PM IST Goa is set for a major winter tourism connectivity boost, with 84 additional domestic flights each week across Mopa and Dabolim airports. Airlines will also expand international services from the UAE, UK, Kazakhstan, Poland and Russia, adding new routes, seasonal connections and higher frequencies ahead of the peak tourism season.

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INDIA BUSINESS | Tue, 6 Oct 2026, 9:53PM IST During August 2026, non-banking financial companies enjoyed a boost in credit expansion, with gold loans seeing remarkable growth alongside consumer durable loans. Housing loans remained a critical component of the retail lending portfolio. Conversely, lending to the services sector declined, highlighting slower growth in certain segments. This overall increase in several sectors points to an encouraging trend in the credit market.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 6 Oct 2026, 9:50PM IST The surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz India has celebrated its strongest quarterly sales to date, fueled by solid macroeconomic trends. Anticipating a future dominated by electric vehicles, the company reports escalating demand. Meanwhile, BMW India sees a similar enthusiasm among its clientele, marking a continued positive trajectory for the luxury car market in 2023.

Continue reading at Economic Times

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GLOBAL NEWS | Tue, 6 Oct 2026, 9:50PM IST The Can-Am Spyder has a devoted fan base across the United States. Now its a casualty in the trade war with Canada.

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INDIA BUSINESS | Tue, 6 Oct 2026, 9:46PM IST ElevenLabs is expanding its voice AI services across Indian languages as businesses and governments explore more natural ways to interact with AI

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INDIA BUSINESS | Tue, 6 Oct 2026, 9:46PM IST ElevenLabs currently offers speech-to-text and text-to-speech services in 14 Indian languages and plans to cover all 22 official languages over the next year

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INDIA MARKET | Tue, 6 Oct 2026, 9:23PM IST Lenders report strong credit and deposit growth aided by FCNR(B) inflows, though analysts flag concerns over CASA momentum

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INDIA BUSINESS | Tue, 6 Oct 2026, 9:20PM IST Delhi High Court has granted a stay on the Food Safety and Standards Authority of Indias orders related to energy drinks. The court found that FSSAI's orders lacked proper procedures including the issuance of show-cause notices. Both Monster Energy India and PepsiCo India Holdings argued that not following due process would lead to significant financial losses.

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INDIA NEWS | Tue, 6 Oct 2026, 9:18PM IST New Delhi: The Defence Research and Development Organisation (DRDO) has successfully carried out a flight trial of an indigenously-developed high-altitude airship platform, a lighter-than-air system as a long-endurance stratospheric aerial surveillance platform, officials said on Tuesday.Defence Minister Rajnath Singh complimented the DRDO, the Indian Air Force, public sector undertakings (PSUs) and the industry on the successful flight trial of the High-Altitude Platform and said the trial is an important milestone in the "Aatmanirbhar Bharat" journey towards realising a long-endurance stratospheric airship.The experimental flight attained an altitude of 21 km above mean sea level (AMSL) and remained at an altitude of 20 km AMSL for more than 30 minutes, before it was commanded to descend back to ground, the defence ministry said.The system was successfully recovered and the flight-performance data analysed.The trial was conducted in coordination with various agencies, namely, the Indian Air Force, the Centre for Military Airworthiness and Certification (CEMILAC), the Directorate General of Civil Aviation (DGCA), the Airports Authority of India (AAI) and other civil authorities.Real-time video data and all other vehicle parameters were acquired from the airborne platform at the ground control station during the entire flight, which showed intended flight performance, the ministry said."System carried various instrumentation and control electronic packages like an inertial measurement unit, global positioning system receiver, onboard cameras, altitude control mechanism, besides various other sub-systems," it said.The High-Altitude Platform, a lighter-than-air system as a long-endurance stratospheric aerial surveillance platform, is being designed and developed by the Aerial Delivery Research and Development Establishment (ADRDE), Agra, the ministry said.Defence Secretary and Secretary, Department of Defence R&D, and Chairman, DRDO, Rajesh Kumar Singh congratulated the teams associated with the flight trial of the high-altitude airship platform.

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INDIA MARKET | Tue, 6 Oct 2026, 9:10PM IST Indian equities extended their rebound for a second session, with Sensex rising 685 points and Nifty gaining over 220 points. Falling crude prices, strong Q2 business updates and positive global cues lifted investor sentiment, adding nearly Rs 5 lakh crore to BSE market capitalisation.

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INDIA MARKET | Tue, 6 Oct 2026, 9:08PM IST Marvell has increased its revenue forecast for 2028 to around $20 billion due to strong demand. The company's shares surged nearly 9% in early trading following the announcement. Previously, Marvell had projected $18 billion in revenue in August, while analysts expected slightly higher figures. This year, the stock has tripled in value, reflecting investor confidence in the company's performance.

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INDIA MARKET | Tue, 6 Oct 2026, 8:54PM IST Crude below $100, earnings optimism, and oversold recovery lift sentiment

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INDIA CURRENCY | Tue, 6 Oct 2026, 8:46PM IST The rupee weakened 13 paise to close at 96.42 against the dollar, its weakest level in over two months, pressured by persistent foreign investor outflows and oil companies dollar demand. RBI intervention limited losses, while markets awaited the central banks policy commentary.

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INDIA BUSINESS | Tue, 6 Oct 2026, 8:39PM IST The court granted interim relief to Reliance Consumer Products against an FSSAI directive restricting the use of the term 'energy drink' for high-caffeine beverages

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INDIA NEWS | Tue, 6 Oct 2026, 8:39PM IST Paramount has spent years building a Hollywood identity around franchises such as Mission: Impossible, Top Gun and Transformers.With its $110 billion acquisition of Warner Bros Discovery now complete, it has inherited something considerably larger: a century-spanning catalogue of characters, studios, stories and brands that have shaped popular culture.Also read: Inside Hollywood's biggest plot twist: How Paramount closed $110 billion Warner Bros deal to create SkydanceThe deal brings together two of Hollywood's historic studios and, in one stroke, places Batman, Superman, Harry Potter, Game of Thrones, Friends, The Lord of the Rings, The Matrix and Looney Tunes under the same corporate roof as Paramount Pictures, CBS, Nickelodeon, MTV and Paramount+.It is more than a merger of two entertainment businesses. It is the latest chapter in Hollywood's long history of consolidation, in which studios that once competed for audiences have repeatedly absorbed one another, changed hands and been folded into larger media empires.For Paramount, the prize is not simply Warner Bros' current slate. It is the legacy attached to the names it now controls.From Hollywood's Big Five to fourThe shape of Hollywood has been changing for decades.In 1989, Sony acquired Columbia Pictures and Tri-Star Pictures for $3.4 billion, while Warner Communications acquired Lorimar-Telepictures. Five years later, Viacom bought Paramount for about $10 billion. Time Warner then acquired Turner Broadcasting in 1996, bringing another vast collection of entertainment properties under its umbrella.The next major shifts came with the creation of NBCUniversal through the 2004 merger of NBC and Vivendi Universal, Disney's $71 billion acquisition of 21st Century Fox in 2019, and Discovery's purchase of WarnerMedia from AT&T in 2022.Skydance Media's acquisition of Paramount in 2025 was the latest step before the latest, much larger transaction: Paramount Skydance buying Warner Bros Discovery.The result is striking.Hollywood's traditional "Big Five" movie studios have effectively become four, with one of the industry's largest studios absorbed by another. Reuters described the transaction as a new stage in Hollywood's "eat-or-be-eaten" economy.The logic behind the consolidation is straightforward. Traditional studios have been squeezed by streaming, changing cinema habits, the pandemic and rising debt, while the economics of making and distributing entertainment have become increasingly difficult.Warner Bros Discovery itself emerged from the 2022 WarnerMedia-Discovery merger carrying more than $45 billion in net debt. It ended 2025 with about $29 billion in net debt. The latest deal leaves the combined company with roughly $79 billion in net debt.That makes the Warner catalogue not merely a collection of famous names, but an enormous library of intellectual property that Paramount can now attempt to monetise across films, television, streaming and licensing.Also read: Paramount closes $110 billion mega Warner Bros takeover; creates Hollywood powerhouse SkydanceBatman, Potter and the power of a libraryConsider Batman.Warner Bros' ownership of the DC universe gives Paramount control of one of the most recognisable superhero brands in the world, alongside Superman and the wider DC catalogue. The current DC universe is already expanding across cinema and streaming, giving the new company a pipeline of characters and stories rather than a single franchise.Then there is Harry Potter.The film series has already become one of Warner Bros' defining global properties. Its next iteration is being developed as an HBO and HBO Max television series, expected to become one of the major shows of the coming years. Paramount will now own the business behind that television franchise as well.Game of Thrones offers another kind of asset: a franchise whose original series has ended but whose universe continues to generate new shows. House of the Dragon and A Knight of the Seven Kingdoms demonstrate how a successful intellectual property can keep producing content long after its original story has finished.The same logic applies to Dune, The Lord of the Rings and The Matrix.And then there are brands whose value lies in familiarity across generations.Friends remains one of television's most valuable libraries despite ending decades ago. Looney Tunes, meanwhile, has been part of popular culture since the 1930s.Paramount is therefore acquiring something difficult to replicate: not just new content, but decades of accumulated audience recognition.One streaming library, two legaciesThe clearest consumer-facing combination may eventually be on the streaming side.Paramount+ and HBO Max are expected to be folded into a single platform, bringing together Paramount's television and film catalogue with Warner Bros Discovery's enormous library.That could give viewers a much larger catalogue under one subscription. But the economics are less straightforward.The merged company is targeting more than $6 billion in annual cost savings while carrying roughly $80 billion in debt, according to Reuters.That creates pressure to make the enlarged library pay.The BBC reported that analysts expect streaming prices to rise over time as the combined company seeks profitability. Mike Proulx of Forrester Research told the media house that a combined Paramount+ and HBO Max service would be unlikely to cost less for subscribers who currently use only one of the platforms.The catalogue, in other words, is both the attraction and the financial engine of the merger.More movies, but fewer people?The other immediate question is what happens to Hollywood itself.The merger comes with commitments designed to address concerns that consolidation could mean fewer films and fewer jobs. Under the settlement with US states, the combined company has agreed to release at least 30 films a year in each of the first two years and 32 annually for the following three years, amounting to 156 films over five years. Most must receive wide theatrical releases, while at least four independent films must be released each year.There is also a penalty attached to missing the quota: Paramount could ultimately be forced to sell its 49% stake in Miramax.That commitment matters because consolidation has historically produced mixed results for theatrical cinema.After Disney bought 21st Century Fox, the number of films released theatrically by 20th Century Fox fell sharply, according to the Reuters analysis. Warner Bros Discovery's own cost-cutting after its 2022 merger also resulted in completed or near-completed films being shelved, including Batgirl, alongside significant layoffs.The latest deal has already drawn opposition from actors, writers and directors who argue that another round of consolidation could mean fewer productions and jobs.A CVL Economics report for Los Angeles County estimated that the Paramount-Warner Bros merger could eliminate roughly 4,500 direct film and television jobs and result in $1.26 billion in lost wages over three years.The settlement includes a workforce fund for retraining displaced workers, but it does not prevent layoffs.That tension captures the entire deal.And that may ultimately determine what happens to the legacy Paramount has just inherited.

Continue reading at Economic Times

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INDIA NEWS | Tue, 6 Oct 2026, 8:32PM IST India's formal flexi staffing workforce reached 1.95 million in Q1FY27, up 7.5 per cent year-on-year, as manufacturing and consumer-facing sectors drove hiring

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GLOBAL NEWS | Tue, 6 Oct 2026, 8:31PM IST Imports and the trade deficit have ballooned in recent months, defying the Trump administrations efforts to reduce it through tariffs.

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INDIA MARKET | Tue, 6 Oct 2026, 8:23PM IST Congress leader Priyanka Gandhi Vadra was also detained from the premises

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INDIA BUSINESS | Tue, 6 Oct 2026, 8:21PM IST The Union Cabinet has approved setting up the Integrated Transport & Logistics Authority (ITLA), an SPV to coordinate transport and logistics planning, project appraisal, monitoring and data analytics. ITLA will prepare a long-term National Transport Master Plan, assess projects costing Rs500 crore or more, and promote multimodal infrastructure development.

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INDIA BUSINESS | Tue, 6 Oct 2026, 8:10PM IST Insurance brokers have sought a deeper assessment of Irdai's proposed distribution reforms, warning of a 60-70 per cent revenue impact and around 1 million jobs at risk

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INDIA NEWS | Tue, 6 Oct 2026, 8:08PM IST The Competition Commission of India approved four deals spanning highways, hospitality, steel, and pharmaceuticals Tuesday. JSW Group's internal restructuring got the competition regulators nod. BMM Ispat, which runs an integrated steel plant of about one million tonnes a year in Karnataka, will be merged into JSW Steel. The group already holds 58.47 per cent in BMM and is moving to full ownership.Canada's CPP Investment Board can acquire a shareholding in Prestige Hospitality Ventures, the Prestige group's hotel and serviced-apartment developer. The size of the stake was not disclosed. Bain Capital-linked entities got approval for sole control of Omega-Meyer, which sells Vitabiotics supplements, and Meyer Organics. Both are in nutraceuticals, and Meyer Organics also has some pharmaceutical manufacturing and supply in India.Also read | The economics of India's biggest export industry goes topsy-turvyFrench firm Concessoc 41, ultimately controlled by VINCI, can buy Vishavari Tollway and nine road companies from funds managed by MAIF. The nine run national highway stretches in Andhra Pradesh, Odisha and Gujarat.

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INDIA NEWS | Tue, 6 Oct 2026, 8:05PM IST US software stocks are scaling up to fresh 2026 highs as sharply improving earnings expectations ease concerns that artificial intelligence will disrupt the industry as severely as initially feared, Reuters reported.The S&P 500 software and services index rose 1.3% on Tuesday to its highest level since November 2025. It also recorded its biggest quarterly gain since the second quarter of 2020 during the July-September period.Strong results from Salesforce, ServiceNow and Accenture, along with partnerships with AI developers, have helped drive the sectors recovery since late June.Cybersecurity companies have led the rebound. CrowdStrike, Fortinet and Palo Alto Networks have posted triple-digit percentage gains this year as businesses ramp up security spending in the AI era.AI has been more of an enabler for a lot of these software companies, more than a disruptor, said Adam Turnquist, chief cross-asset strategist at LPL Financial, according to Reuters. Were seeing more of a trend change now where software has recaptured the leadership reins, and we think theres a window here for outperformance in software over semiconductors.The software index has gained 5% this year. In comparison, the Philadelphia Semiconductor Index has surged 87.5% in 2026, although it has retreated from its highs.The software sectors projected earnings growth for 2026 has risen to 20.6% from 13.8% at the end of March, according to LSEG data.SaaSpocalypse fears easeThe software index fell more than 26% between late January and its April low during a selloff dubbed the SaaSpocalypse. Investors feared companies could use AI to develop applications internally at a lower cost, reducing demand for traditional software providers.Analysts now say those concerns outpaced the available evidence.The whole SaaSpocalypse didnt happen anywhere near as fast as some of the people on Wall Street thought it would, said Rebecca Wettemann, CEO of technology research firm Valoir, adding that vendors were reporting stronger customer adoption as AI moved beyond the experimental stage.Risks remain as the rapidly evolving technology reshapes business models.Brian Mulberry, chief market strategist at Zacks Investment Management, told Reuters that the sector could face its biggest test in the second half of 2027, when greater data-centre capacity may make AI coding tools a more significant threat to traditional software companies.(Disclaimer: This article is based on inputs from agencies. These do not represent the views of The Economic Times)

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INDIA MARKET | Tue, 6 Oct 2026, 8:05PM IST US software stocks are witnessing robust growth, fueled by optimistic earnings projections and partnerships in AI. Major players like Salesforce and Accenture have showcased impressive earnings, aiding the sector's revival. Analysts suggest that fears of AI disrupting the software landscape are exaggerated. Nonetheless, challenges persist as technology evolves, potentially affecting traditional business models.

Continue reading at Economic Times

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INDIA MARKET | Tue, 6 Oct 2026, 8:05PM IST US software stocks are witnessing robust growth, fueled by optimistic earnings projections and partnerships in AI. Major players like Salesforce and Accenture have showcased impressive earnings, aiding the sector's revival. Analysts suggest that fears of AI disrupting the software landscape are exaggerated. Nonetheless, challenges persist as technology evolves, potentially affecting traditional business models.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 6 Oct 2026, 7:58PM IST In FY26, John Distilleries Ltd demonstrated remarkable growth, achieving a revenue of Rs 10,820.10 crore and a net profit of Rs 11.6 crore, marking an increase from the previous year. The recent acquisition of a 66 percent stake by Sazerac has positioned it as the majority owner, replacing Paul John Fund LLC. Renowned for its acclaimed Paul John single malt whisky and Original Choice whisky, the company continues to thrive.

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INDIA MARKET | Tue, 6 Oct 2026, 7:57PM IST The current Vice Chief of the Air Staff will take charge as the 29th IAF chief on October 31, when incumbent Air Chief Marshal AP Singh superannuates

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INDIA MARKET | Tue, 6 Oct 2026, 7:56PM IST Mutual fund houses' average quarterly assets under management rose to 87.2 trillion in Q2FY27 from 83.1 trillion in Q1, supported by strong inflows across categories

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INDIA MARKET | Tue, 6 Oct 2026, 7:49PM IST Dlxit's appointment as the service's 29th Chief of the Air Staff was announced in a government release

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GLOBAL NEWS | Tue, 6 Oct 2026, 7:48PM IST The Television Academy is moving its awards telecast to streaming, following the lead of the Oscars.

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INDIA MARKET | Tue, 6 Oct 2026, 7:44PM IST Trent shares jumped 12.4 per cent after Q2FY27 standalone revenue rose 22.5 per cent, beating estimates, while analysts remained largely bullish on the Tata group retailer

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INDIA MARKET | Tue, 6 Oct 2026, 7:39PM IST US stocks rise as lower oil prices and bond yields lift investor sentiment

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GLOBAL NEWS | Tue, 6 Oct 2026, 7:38PM IST After a legal battle, the two Hollywood giants have become one. But the new company is saddled with debt, and in a memo to employees, its leaders hinted at cost cuts.

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INDIA BUSINESS | Tue, 6 Oct 2026, 7:38PM IST Veegaland Developers has reported a 79% increase in revenue from operations in the first quarter of FY 2027. Profit also rose to Rs 9.72 crore, up from Rs 3.21 crore the previous year. The company launched a new residential project, Veegaland Amora, in Kochi which adds to its portfolio.

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INDIA MARKET | Tue, 6 Oct 2026, 7:37PM IST Intel also indicated volatility in early trade, with a downturn of 0.05% to $116.13.

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INDIA BUSINESS | Tue, 6 Oct 2026, 7:36PM IST The civil aviation ministry requested Adani Airport Holdings Ltd to postpone the planned flight transition to Navi Mumbai. Airlines have opposed the proposed reduction of international flights to this new airport. Civil Aviation Secretary Samir Kumar Sinha chaired a meeting to discuss the transition plan with various stakeholders. Subsequent discussions between airlines and Adani Airports are scheduled to take place on October 13 and October 20.

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INDIA MARKET | Tue, 6 Oct 2026, 7:30PM IST Govt appoints Air Marshal Ashutosh Dlxit as the next Chief of the Air Staff

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INDIA BUSINESS | Tue, 6 Oct 2026, 7:26PM IST The combined Maharashtra business is expected to generate around 500 crore in revenue this year, with plans to establish a presence in every district headquarters

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INDIA MARKET | Tue, 6 Oct 2026, 7:22PM IST Titan Companys consumer businesses grew 25% year-on-year in Q2 FY27, led by watches, EyeCare and jewellery. Domestic businesses rose 22%, while international operations surged 97%. Titan added 78 net stores, taking its overall consumer store network to 3,758 in September 2026.

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INDIA MARKET | Tue, 6 Oct 2026, 7:22PM IST On Tuesday, the S&P 500 and Nasdaq hit all-time highs, buoyed by falling Treasury yields and easing oil prices. Investors are optimistic as they look forward to the upcoming earnings season, particularly for technology stocks. While many of the Magnificent Seven saw upward trends, Apple and Alphabet experienced minor losses.

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INDIA MARKET | Tue, 6 Oct 2026, 7:22PM IST On Tuesday, the S&P 500 and Nasdaq hit all-time highs, buoyed by falling Treasury yields and easing oil prices. Investors are optimistic as they look forward to the upcoming earnings season, particularly for technology stocks. While many of the Magnificent Seven saw upward trends, Apple and Alphabet experienced minor losses.

Continue reading at Economic Times

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INDIA MARKET | Tue, 6 Oct 2026, 7:22PM IST On Tuesday, the S&P 500 index reached an all-time high, reflecting optimism in artificial intelligence among investors. This rise was also supported by expectations of strong earnings reports from corporations in the following weeks. Additionally, the tech-heavy Nasdaq composite index was trading at record highs during the same period. Despite concerns about energy prices and volatile bond markets, major stocks continue to perform well.

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INDIA BUSINESS | Tue, 6 Oct 2026, 7:20PM IST SunBridge BioEnergy Ltd has started commercial production of fuel-grade ethanol at its Seoni facility. This facility, with an investment of Rs 350 crore, has a daily production capacity of 300 kilolitres. The company also plans to increase its capacity by setting up another facility in Raipur, Chhattisgarh. SunBridge BioEnergy utilizes damaged food grains such as maize and broken rice for ethanol production.

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INDIA MARKET | Tue, 6 Oct 2026, 7:19PM IST During the first half of FY27, private equity inflow into Indian office assets surged to USD 945 million. Investors are strategically targeting completed, leased Grade A properties for consistent returns, as highlighted by Anarock. Meanwhile, the residential sector also thrived, attracting USD 378 million, while retail real estate remained stagnant with no investments. This marks a notable trend toward long-term investments in India's dynamic real estate market.

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INDIA MARKET | Tue, 6 Oct 2026, 7:19PM IST Avengers: Endgame: Encore

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