Kolkata home registrations dip 12 per cent in Jan-Sep; larger flats gain share
INDIA MARKET | Thu, 22 Oct 2026, 7:47PM IST
In the first three quarters of 2026, home registrations in the Kolkata Metropolitan Area fell to 41,309, highlighting a year-on-year decline. Yet, there was an observable trend towards mid-sized and larger apartments. Specifically, September recorded 4,845 registrations, down from the previous year, with North Kolkata dominating 36% of the total shares. This data reveals a growing preference for spacious and practical living spaces among buyers.
Continue reading at Economic Times
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Hatsun Agro Product Q2 Results: Profit rises 5.6% on strong sales
INDIA MARKET | Thu, 22 Oct 2026, 7:45PM IST
Hatsun Agro Product reported a notable growth in net profit for the September quarter, reaching Rs 115.69 crore, up from Rs 109.54 crore from last year. Total income also surged to Rs 2,902.49 crore, showcasing strong sales amidst industry hurdles. The company emphasizes enhancing direct consumer relationships and expanding its market footprint in Maharashtra and Odisha, while continuing to invest in its procurement, processing, and distribution systems.
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India commercial insurance rates fall as capacity, competition rise
INDIA BUSINESS | Thu, 22 Oct 2026, 7:34PM IST
Commercial insurance rates in India decreased significantly in 2026 due to increased competition among insurers. Property and financial liability insurance rates fell for the fourth consecutive quarter, providing businesses with better terms. Cyber insurance also witnessed a decline, marking the twelfth consecutive quarter of reduced rates in the IMEA region. Insurers became more competitive, allowing businesses to negotiate premiums and coverage more effectively.
Continue reading at Economic Times
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Adani group did not attempt Vizhinjam port stake sale without govt approval: V D Satheesan
INDIA BUSINESS | Thu, 22 Oct 2026, 7:32PM IST
Replying to an unstarred question in the Assembly recently, Satheesan said Adani Vizhinjam Port Private Limited (AVPPL) had submitted an application to the government seeking prior approval for the proposed transfer of its existing 49 per cent shareholding.
Continue reading at Economic Times
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GSTN adds two e-invoicing categories for reverse charge purchases
INDIA NEWS | Thu, 22 Oct 2026, 7:31PM IST
The new RCM-DOM and RCM-IMP categories will allow eligible businesses to generate e-invoices for specified domestic purchases and imported services under reverse charge rules
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Indian Bank raises deposit rates by 15 basis points
INDIA BUSINESS | Thu, 22 Oct 2026, 7:30PM IST
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk deposits and slowed term deposits mobilisation during the second quarter while it raised $2.3 billion (about Rs 21,000 crore) of foreign currency non-resident-bank (FCNR-B) deposits using the regulatory window.
Continue reading at Economic Times
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Swiggy Q2 net loss narrows 15.6% to 922 crore, revenue rises 36%
INDIA BUSINESS | Thu, 22 Oct 2026, 7:19PM IST
Swiggy's food delivery adjusted EBITDA rose 101 crore year-on-year to 341 crore in Q2FY27, while Instamart's gross order value grew 16.7 per cent sequentially to 9,230 crore.
Continue reading at Business Standard
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GST registration for small e-commerce sellers to begin from November 1
INDIA MARKET | Thu, 22 Oct 2026, 7:18PM IST
The simplified GST registration facility will allow small e-commerce sellers to expand across states without setting up physical offices, with detailed notifications expected soon
Continue reading at Business Standard
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Rupee snaps eight-day winning streak as rise in crude offsets inflows
INDIA BUSINESS | Thu, 22 Oct 2026, 7:12PM IST
The rupee weakened to 94.83 against the dollar after eight sessions of gains as rising crude oil prices and dollar buying offset foreign inflows linked to the Jio Platforms IPO
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US stocks today: US stocks open lower as AI jitters return, oil rises
INDIA MARKET | Thu, 22 Oct 2026, 7:09PM IST
US stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Meta earnings failed to ease AI-related jitters, while rising oil prices added to market pressure. The Nasdaq fell 1.48%, while the S&P 500 and Dow also declined at the open.
Continue reading at Economic Times
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Wall Street dumps AI for Buffetts Berkshire
INDIA NEWS | Thu, 22 Oct 2026, 7:04PM IST
For three weeks, Wall Street sold one of the markets hottest trades and bought one of its oldest. Chip stocks fell about 15 per cent. Warren Buffetts Berkshire Hathaway rose about 7 per cent.Between October 2 and October 20, the iShares Semiconductor ETF (SOXX) lost 15.1 per cent, while Berkshires Class B shares (BRK-B) gained 7.4 per cent, according to Yahoo Finance.On Tuesday, BRK-B closed at a record high for the first time since May 2, 2025, the day before Buffett said Greg Abel would take over as CEO.On Wednesday, both the Class B and Class A (BRK-A) shares touched new intraday records.Berkshire hits a record as chip stocks slump 15%: the rare dot-com-era signal investors are watching, and what it may mean for your portfolioThe wait was long. In those 17 months, the S&P 500 gained more than 35 per cent, and Berkshire only now got back to a record close.The recent moves have been strikingly one-sided. From October 6 to Tuesday, SOXX fell in 10 of 11 sessions, and Berkshire rose on nine of those days.On the chip sectors two worst days, October 14 and October 16, Berkshire posted two of its best gains of the run. Since October 1, the stock has mostly gone up on days when chips went down.For now, that makes Berkshire look like a hedge against the AI chip trade.Berkshire is on track to rise in 14 of its last 15 sessions. It also strung together a 10-day winning streak, its first since 2018.The gap between the two is historic too. Over the 12 sessions from October 2 through Tuesday, Berkshire beat SOXX by 22 percentage points.Yahoo Finance compared Berkshire with the PHLX Semiconductor Index going back to 1994, and found this is the widest 12-session gap since early 2010. The all-time record, set in April 2000, was close to 40 points.The gap alone is not the rarest part. The combination is. Chips fell at least 14 per cent while Berkshire gained at least 7 per cent over 12 sessions. Before this month, that last happened on October 3, 2001. Every earlier case came in 1995-96 or in 2000-01, when the dot-com bubble was bursting.History gives a mixed message from here. In the short term, chips bounced back. They were higher a week later in five of the six earlier cases, and they are rebounding on Wednesday as well. A year later, the picture was weaker: chips were lower in five of six cases, and the S&P 500 fell in four.Under Abel, Berkshire is also using its cash differently. It bought back about $4.5 billion of its own stock in the second quarter. That ended 14 straight quarters in which it sold more of its own stock than it bought, and its cash pile has come down from a record $397 billion.Buffett said on September 18 that he would step down as chairman too. The stock hit its low about two weeks later.The tech bets are changing as well. A few years ago, Apple made up nearly 45 per cent of Berkshires invested assets. Buffett was never known as a tech investor. What drew him to Apple was customer loyalty and peoples willingness to pay premium prices for iPhones, Macs and iPads, not the technology itself.In just a few months, Alphabet has become for Abel what Apple was for Buffett. Google handled roughly 90 per cent of global internet search traffic in September, which is part of the appeal. But the AI ambitions are what interest both men most. Since Alphabet added generative AI and large language models to Google Cloud, the worlds third-largest cloud platform, sales in that high-margin business have grown very fast.Abel is also looking beyond Alphabet. An October 14 filing with the US Securities and Exchange Commission shows Berkshire is buying 10 million shares of Bending Spoons in a private placement at $33 a share, an investment of $330 million. It follows a $600 million investment at the companys IPO in July.The companys model has some similarity to Berkshires own. Berkshire grew to a $1 trillion market value by buying about five dozen companies, and pieces of others, and usually holding them for a long time.Bending Spoons, based in Italy, buys technology platforms and uses software, AI, price hikes and layoffs to make them leaner and to sell more subscriptions. So far it has bought AOL, Vimeo, Brightcove, Eventbrite and WeTransfer, among others. The company is already profitable and growing quickly.The next test comes with Berkshires third-quarter results, expected on Saturday, November 7.
Continue reading at Economic Times
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eMudhra to exit global SSL/TLS certificate business after security flaws
INDIA MARKET | Thu, 22 Oct 2026, 7:04PM IST
eMudhra said it would voluntarily exit the global SSL/TLS certificate business after vulnerabilities were found in its certificates, raising concerns over digital security.
Continue reading at Business Standard
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Beyond accumulation: Giving every investment a clear role in your portfolio
INDIA BUSINESS | Thu, 22 Oct 2026, 6:57PM IST
Building a robust investment portfolio requires a clear understanding of the foundational roles played by both core and satellite investments. Many investors fall into the trap of miscategorizing satellite strategies as core assets, which disrupts the overall balance. While Specialised Investment Funds (SIFs) are becoming increasingly popular, they must be aligned with specific functions in a broader investment strategy.
Continue reading at Economic Times
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Sebi allows margin relief on subsequent trades against early pay-in
INDIA MARKET | Thu, 22 Oct 2026, 6:57PM IST
Sebi has allowed margin relief on subsequent cash-market trades against accepted early pay-in of securities, easing margin requirements for clients with net sell obligations.
Continue reading at Business Standard
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INDIA MARKET | Thu, 22 Oct 2026, 6:51PM IST
Jio Platforms Rs 30,213-crore IPO attracted 12.87 times QIB subscription, surpassing NSEs institutional demand. Overall subscription reached 5.36 times by Day 2, with a strong grey market premium and positive brokerage recommendations.
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India permits 6,500 tonnes of silver imports despite weak demand
INDIA NEWS | Thu, 22 Oct 2026, 6:44PM IST
India has permitted imports of around 6,500 metric tons of silver over six months despite weak domestic demand, a move expected to ease local premiums while supporting global prices.
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eMudhra Exits Global Website Security Business After Weak Keys Found In Eight Certificates
INDIA MARKET | Thu, 22 Oct 2026, 6:42PM IST
eMudhra will exit its global website security certificate business after weak keys were found in eight certificates.
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Lockheed Martin Raises Guidance, Set For Record F-35 Deal As US Plans 850 More Jets
INDIA MARKET | Thu, 22 Oct 2026, 6:29PM IST
Lockheed Martin raises its FY 2026 revenue forecast to $80-$82 billion and lifts its earnings outlook to $30.35-$30.75 per share
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Adani Ports expands presence by incorporating subsidiary in Oman
INDIA BUSINESS | Thu, 22 Oct 2026, 6:28PM IST
Adani Ports and Special Economic Zone Limited has established a wholly owned subsidiary named Indian Ocean Gateway Terminal in Oman. This new entity aims to conduct offshore operations locally, aligning with the company's strategic expansion as a global transport operator. Adani International Ports Holdings Pte. Ltd. holds 100 percent of the subsidiary's shares. The incorporation involves a total share capital of OMR 500,000 with 100 shares of OMR 5,000 each.
Continue reading at Economic Times
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Buying A Skoda Car This October? Check Discounts On Kylaq, Kushaq And Slavia
INDIA MARKET | Thu, 22 Oct 2026, 6:28PM IST
Skoda offers a range of cars across different segments in India.
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Colgate Q2 Results: Net Profit Rises 4%, Sales Jump 12%; Rs 24 Dividend Declared
INDIA MARKET | Thu, 22 Oct 2026, 6:27PM IST
Net sales rose 12.2% to Rs 1,691.57 crore from Rs 1,507.24 crore a year earlier. The company said net profit grew 5.5% year-on-year after excluding one-offs and exceptional items, including the impact of an inverted duty structure-related charge following GST changes.
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Explore a steady approach to portfolio tracking
INDIA BUSINESS | Thu, 22 Oct 2026, 6:25PM IST
When the market experiences corrections, panic can easily set in for investors, causing them to rethink their long-term commitments. It's common to see reactions to volatility, even when the strategies themselves are unchanged. Success in wealth creation hinges on sticking to a steady approach instead of trying to outsmart market variations. Regularly assessing financial goals and portfolio health helps investors sidestep emotional choices and concentrate on achieving lasting financial outcomes.
Continue reading at Economic Times
1h
Your SIP Shows Rs 50 Lakh. How Much Of It Is Your Real Wealth?
INDIA MARKET | Thu, 22 Oct 2026, 6:23PM IST
Your SIP shows Rs 50 lakh, but inflation can impact your future wealth.
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1h
OPPO Find X10 Series And Ecosystem Launched In India: Check Price, Features
INDIA MARKET | Thu, 22 Oct 2026, 6:22PM IST
OPPO launches Find X10 phones, Enco X4 earbuds and Pad Mini in India ahead of October 29 sales.
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India, Poland Aim To Double Bilateral Trade By 2030 | Four Key Announcements From Modi-Tusk Talks
INDIA MARKET | Thu, 22 Oct 2026, 6:20PM IST
Prime Minister Narendra Modi and Polish Prime Minister Donald Tusk held bilateral talks in New Delhi
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Darjeeling toy train joyrides ferry 12,000 passengers, earn Rs 1.41 crore in 3 weeks
INDIA BUSINESS | Thu, 22 Oct 2026, 6:17PM IST
Darjeeling Himalayan Railway reported record passenger numbers during the first three weeks of October. The heritage railway generated significant revenue from joyride services offered to tourists. Special joyrides were introduced to facilitate the increased tourist numbers and enhance their experiences. Both steam and diesel locomotives operate on selected routes, showcasing the scenic beauty of Darjeeling. This initiative caters to the growing interest in heritage train journeys among visitors.
Continue reading at Economic Times
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US stocks 2026: Moderna, SanDisk lead top 10 gainers delivering up to 734% returns
INDIA MARKET | Thu, 22 Oct 2026, 6:16PM IST
Ten US stocks with market caps above $5 billion have seen share prices more than triple in 2026, delivering returns up to 734%. Healthcare and tech sectors dominate, led by biotechnology firm Moderna and flash memory maker SanDisk, highlighting strong momentum across biotech and established tech majors like Dell.
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Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs
GLOBAL NEWS | Thu, 22 Oct 2026, 6:15PM IST
The move is the latest illustration of a company saying it believes it can be more efficient with fewer workers because of artificial intelligence.
Continue reading at The New York Times
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SoFi targets idle crypto cash with interest-bearing tokenized deposit
INDIA MARKET | Thu, 22 Oct 2026, 6:15PM IST
SoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited are insured by the Federal Deposit Insurance Corporation for amounts up to $250,000 per depositor. This strategic move enables customers to prepare for crypto acquisitions while still earning interest, rather than letting cash sit idle.
Continue reading at Economic Times
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HPCL Q2 profit falls 9% to 3,483 cr on higher costs, tax expenses
INDIA BUSINESS | Thu, 22 Oct 2026, 6:13PM IST
HPCL's Q2 net profit fell 9% to 3,483 crore as higher crude oil prices and tax expenses squeezed margins, despite a 26.2% rise in product sales to 1.39 trillion.
Continue reading at Business Standard
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Colgate-Palmolive India Q2 Results: Profit rises 4.3% to Rs 341.6 crore
INDIA MARKET | Thu, 22 Oct 2026, 6:12PM IST
Colgate-Palmolive India Ltd has reported a 4.3% increase in net profit for the September quarter. The company achieved a net profit of Rs 341.57 crore compared to Rs 327.51 crore last year. Sales increased by 12.22% to Rs 1,691.57 crore in this quarter. The gross margin expanded by 40 basis points year-on-year, reflecting cost management strategies and pricing actions.
Continue reading at Economic Times
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Adani Total Gas Q2 profit rises 3% to 167 cr as revenue jumps 34%
INDIA BUSINESS | Thu, 22 Oct 2026, 6:11PM IST
Adani Total Gas' Q2FY27 net profit rose 3% to 167 crore, while revenue jumped 34% to 2,102 crore, driven by higher CNG and PNG sales despite a 43% rise in natural gas costs.
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MEA Steps Up Efforts To Bring Stranded Indian Umrah Pilgrims Back From Saudi Arabia
INDIA MARKET | Thu, 22 Oct 2026, 6:11PM IST
Around 3,000 stranded Indian Umrah pilgrims return as the MEA steps up assistance in Saudi Arabia.
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Sebi allows margin relief against early pay-in of securities for subsequent trades
INDIA MARKET | Thu, 22 Oct 2026, 6:11PM IST
The Securities and Exchange Board of India (Sebi) has announced a new directive that eases margin requirements for clients with a net sell obligation. This policy is particularly applicable when early pay-in requests are accepted by the clearing corporation, allowing clients to execute trades more efficiently. No margin will be collected on future trades up to the value of accepted early pay-in securities.
Continue reading at Economic Times
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Pizza Hut Indias restaurant sales fall 7% in FY26; EBITDA margin turns negative
INDIA BUSINESS | Thu, 22 Oct 2026, 6:09PM IST
Pizza Hut India reported a 7% decline in restaurant sales to 5,065 million in FY26. Restaurant EBITDA margin improved to -2.8% in Q2 FY27 from -3.6% in the previous quarter. Despite a recovery in quarterly sales, the annual average daily sales fell to 41,000 in FY26. Sales figures revealed fluctuations, peaking at 5,450 million in FY25. The company aims to recover from negative margins observed in recent fiscal years.
Continue reading at Economic Times
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Meta falls as investors balance Muse growth with rising AI costs
INDIA MARKET | Thu, 22 Oct 2026, 6:09PM IST
Shares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI agent business against the mounting costs of funding its ambitious AI expansion.
Continue reading at Economic Times
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HPCL Q2 Swings To Profit, Beats Estimates; Revenue Sees Marginal Dip
INDIA MARKET | Thu, 22 Oct 2026, 6:08PM IST
Revenue stood at Rs 1.34 lakh crore, marginally above the Bloomberg estimate of Rs 1.33 lakh crore. EBITDA came in at Rs 9,074 crore, against the estimated loss of Rs 141 crore.
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Union Pacific's third-quarter profit rises on pricing strength
INDIA MARKET | Thu, 22 Oct 2026, 6:06PM IST
Union Pacific showcased impressive third-quarter adjusted profit, primarily fueled by increased fuel surcharge revenue and solid core pricing strategies. The boost in operating revenue reflects their commitment to maintaining pricing discipline and enhancing operational efficiencies. Despite the hurdles posed by geopolitical-driven energy price hikes, US railroads have effectively sustained profitability, benefiting from improved service reliability that attracted new freight volumes while keeping existing customers engaged.
Continue reading at Economic Times
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Adani Energy Solutions reports 51% rise in Q2 income, profit at 1,364 cr
INDIA BUSINESS | Thu, 22 Oct 2026, 6:05PM IST
Higher revenues from transmission and energy solutions drove Adani Energy Solutions' Q2 FY27 net profit to more than double year-on-year to 1,364 crore
Continue reading at Business Standard
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INDIA BUSINESS | Thu, 22 Oct 2026, 6:03PM IST
Technogym founder Nerio Alessandri is looking to expand the Italian fitness and wellness company's presence in India, where fitness facility membership remains below 1% of the population. Founded in 1983, Technogym has grown from a garage startup into a global brand serving athletes, gyms, luxury hotels and households.
Continue reading at Economic Times
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Doctors' Body IMA Seeks Action Against 'Suryaa Ant Se Aarambh Tak' Over Violence Concerns
INDIA MARKET | Thu, 22 Oct 2026, 5:55PM IST
A still from the official teaser of Suryaa, which the IMA wants reviewed over its portrayal of doctors. (Screengrab)
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Fire insurance premium decline moderates to 14% in September 2026
INDIA BUSINESS | Thu, 22 Oct 2026, 5:55PM IST
Commercial fire insurance premiums fell 13.6 per cent in September, compared with a 24.8 per cent decline in August, as catastrophe losses prompted insurers to ease discounting
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HPCL Q2 Results: Profit slips 6% YoY to Rs 3,625 crore, revenue jumps 26%
INDIA MARKET | Thu, 22 Oct 2026, 5:54PM IST
HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margins surged, fuel sales increased, and investments advanced infrastructure expansion, innovation, and green energy initiatives.
Continue reading at Economic Times
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