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INDIA BUSINESS | Sun, 25 Oct 2026, 1:12PM IST Polo Hotel Kohima has recently been inaugurated as Nagaland's first five-star hotel to boost local tourism. The hotel aims to create job opportunities and support local businesses through employment and sourcing local products. It features Naga architectural traditions and offers a diverse culinary experience with a focus on Naga cuisine. The property is strategically located to cater to visitors attending cultural events like the Hornbill Festival.

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INDIA MARKET | Sun, 25 Oct 2026, 1:06PM IST BLS Polymers and Bombay Coated and Special Steels would also float their maiden public offerings during the week

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INDIA BUSINESS | Sun, 25 Oct 2026, 1:03PM IST Oil marketing companies IndianOil and BPCL are stepping up inspections of petrol pump toilets, with senior executives checking hygiene standards and QR codes allowing customers to rate facilities. The initiative combines dedicated cleaning staff, sensor-based monitoring and customer feedback to make washroom cleanliness a sustained part of service quality.

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INDIA BUSINESS | Sun, 25 Oct 2026, 12:50PM IST French cosmetics major L'Oreal sees its India business "doing a great turnaround", driven by improving team capabilities, increasing localisation, accelerating online commerce and rising demand for haircare and skincare products, said its global Chief Executive Officer Nicolas Hieronimus. India recorded a "double-digit growth" in the group's consumer products division business in the September quarter. Besides, its "emerging markets delivered spectacular growth, particularly in Brazil and India" in the professional products, according to the company's latest earnings update. L'Oreal's SAPMENA-SSA region posted adjusted like-for-like growth of 19.2 per cent in the third quarter of 2026, with India and Indonesia "further accelerated", driven by haircare and skincare, the cosmetics major said. The region comprises South Asia Pacific, the Middle East, North Africa and Sub-Saharan Africa, and is one of L'Oreal's key operational and financial reporting regions. In the earnings call, ...

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INDIA BUSINESS | Sun, 25 Oct 2026, 12:47PM IST Cheaper nivolumab biosimilars are expanding access to cancer immunotherapy in India, with one Mumbai oncologist reporting a more than 50% rise in prescriptions over six months. Prices have fallen from over Rs 1 lakh to around Rs 30,000 per cycle, but hospital stocking practices could determine whether patients benefit from lower costs.

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INDIA BUSINESS | Sun, 25 Oct 2026, 12:44PM IST Prime Minister Narendra Modi inaugurated Arvind Limited's garment manufacturing facility in Varanasi, which emphasizes modern production practices and women's employment. This facility aims to create job opportunities and boost the local economy. With a global customer base, it will help promote Varanasi's garments in international markets. Modi interacted with women workers during the event alongside Uttar Pradesh officials. He will also attend the Air Force Day Aerial Display-2026 in Varanasi.

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INDIA BUSINESS | Sun, 25 Oct 2026, 12:41PM IST The Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provide financial assistance up to 50 percent of the costs for exploratory wells. Eligible wells will have a cost cap, and only state-run firms can apply for funding. The government expects repayment only if successful oil or gas is discovered during the exploration.

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INDIA NEWS | Sun, 25 Oct 2026, 12:41PM IST New Delhi: The government will pay up to half the cost of risky deepwater exploration wells under its Rs 84,084-crore Samudra Manthan scheme, but expects to be repaid out of revenue if a well finds oil or gas. If it finds nothing, the state absorbs the loss.That recovery clause, set out in newly issued operational guidelines, is the scheme's central bargain: the government carries early geological risk and keeps a claim on any upside.Also Read: OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDAThe guidelines say recovery starts after seven years of commercial production, or once the operator has recouped 50 per cent of its exploration and development costs, whichever comes first. Repayment comes in annual instalments, with no inflation indexation.The scheme will support 60 wells in deepwater (deeper than 400 metres) and ultra-deepwater (deeper than 1,500 metres) areas. Of these, 56 exploratory wells get up to 50 per cent of actual cost, capped at Rs 675 crore per well, the guidelines said, adding that four stratigraphic wells, drilled to study rock layers, get up to 100 per cent, capped at Rs 1,350 crore each. Only state-run firms or consortia they lead can apply.Also Read: Government extends deepwater drilling support to previously awarded blocksPayment is milestone-based: 40 per cent when drilling reaches 40 per cent of the approved depth and 60 per cent on completion and approval of the well report.By these caps, well support alone could reach Rs 43,200 crore, about half the total outlay. The guidelines did not give a component-wise budget split.The guidelines also lay out a strict eligibility test. Only blocks or areas awarded under the Revenue Sharing Contract regime qualify.These are the blocks awarded in bid rounds since 2016. Production-sharing and coal-bed methane blocks, awarded prior to that, are excluded unless the government notifies otherwise.Importantly, only exploration wells or wells drilled to find new resources qualify for the grant. Development wells, which are drilled to bring to production an already discovered resource, are not covered. Sidetrack well costs are also not covered.The scheme aims to cut India's heavy reliance on imported hydrocarbons. The guidelines say it will run through FY2030-31, with FY2026-27 as a preparatory year and spending in FY 2027-28 to FY2030-31 as Phase I.Prime Minister Narendra Modi announced the scheme in his August 15, 2025 Independence Day speech, saying India wants "to work in a mission mode towards finding oil and gas reserves under the sea".Petroleum Secretary Neeraj Mittal, in the preface to the guidelines, called the scheme "the most ambitious upstream oil and gas intervention undertaken in recent times" and said it could add "more than 600 million tonnes of oil equivalent" to India's reserves.The government financial support is intended to reduce the upfront burden of exploration while allowing the state to recoup its investment when a project succeeds. Operators will still bear costs above the support caps and face the risk of losing eligibility if they fail to meet work commitments or pay penalties instead of completing committed drilling.A second track of the scheme offers viability gap funding for shared infrastructure that can tie several small or stranded discoveries into one production system. Eligible items include subsea manifolds, trunk pipelines, central processing platforms and shared floating production units.Support is initially planned for the Mahanadi basin, with token funding for Kutch.Discoveries in basins such as Mahanadi and Kutch "remain stranded or commercially unviable on a standalone basis", the guidelines say, because none alone can justify the cost of pipelines and processing facilities.Viability gap funding would support shared infrastructure for two or more field developments, including subsea manifolds, trunk pipelines, central processing platforms and shared floating production units.A joint venture or special-purpose vehicle of participating operators would own and build the hub. Rivals must agree on equity, ownership and capacity commitments before construction starts. The hub must operate on "fair and non-discriminatory access" under the PNG Rules, with unused capacity offered to others.Funding comes in four equal 25 per cent tranches tied to physical progress of 25 per cent, 50 per cent and 75 per cent and then commissioning. The first tranche requires financial closure, executed construction contracts and operator commitment agreements. Receiving the money does not reduce operators' safety, environmental or decommissioning obligations.As with the wells, there is no automatic increase for cost escalation or delay, and the executive committee can suspend payments and recover money already released if milestones are persistently missed or funds are misused.Proposals go through the Public Investment Board before the minister sanctions spending.A third track would fund one or more oil and gas manufacturing and services zones with utilities, berthing and load-out jetties, warehouses, and testing and certification laboratories. The guidelines say the aim is to make India "a key global manufacturing-fabrication yard" as deepwater activity grows.A developer, which could be a company, consortium or joint venture, must secure land and clearances and then market the zone to tenants. States are invited to help with land, approvals and utilities. The Infrastructure Appraisal Board is to shortlist locations within 60 days of its first meeting. The scheme can be combined with BHAVYA, a separate industrial-infrastructure scheme run by the Commerce Ministry's trade promotion department, but the guidelines say any shortfall there "shall not automatically create additional liability" for Samudra Manthan.Funding is paid in tranches of 25 per cent, 25 per cent and 50 per cent on a reimbursement basis. Assets built with scheme money cannot be sold or mortgaged without approval, and developers must report occupancy, investment and jobs annually for five years after commissioning.Underpinning all of it is a seismic data programme run by the Directorate General of Hydrocarbons (DGH). Two-dimensional surveys will be fully government-funded, with the contractor getting no resale rights.Three-dimensional surveys will use a multi-client model in which the contractor co-invests, keeps licensing revenue and carries the sales risk.

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INDIA NEWS | Sun, 25 Oct 2026, 12:34PM IST The US Citizenship and Immigration Services (USCIS) has tightened filing deadline rules from October 23, 2026, removing next-business-day relief for certain age-based eligibility deadlines. The change affects green card applicants, including children approaching 21, while H-1B workers must ensure they file extension petitions before their authorised stay expires.The revised policy alert, titled Definition of Day for Purposes of Filing Deadlines, issued on September 23, replaces guidance introduced in 2023 and distinguishes between deadlines counted in days and dates tied to eligibility or authorised stay.Also Read: Australia to tighten visa rules from October 31, with tougher character checksUnder the revised rules, qualifying paper filings with deadlines calculated in days can still receive an extension if the deadline falls on a Saturday, Sunday or federal holiday. USCIS must receive the filing by the end of the next business day.Online filings do not qualify for the same extension. More importantly, deadlines tied to substantive eligibility requirements, such as an applicant turning 21, will not automatically move to the next business day if the date falls on a weekend or federal holiday.Also Read: November Visa Bulletin: Big movement for Indian family-sponsored green-card applicantsGreen card applicants must file before turning 21The change is particularly relevant to children included in certain immigration cases and applicants seeking Special Immigrant Juvenile classification, which generally requires filing before the applicant turns 21.If an applicant turns 21 on a weekend or federal holiday, the filing deadline will not automatically extend to the next business day. Under the earlier policy, some applicants could benefit from the additional time.Families should check the applicable age requirements and ensure that petitions are filed within the prescribed period.H-1B workers must track I-94 expiry datesH-1B workers and their employers must also monitor Form I-94, which generally records the period for which a person is authorised to stay in the US.An I-94 expiry date is not a deadline calculated by counting a specified number of days. If it falls on a weekend or federal holiday, workers should not assume they can file an extension on the next business day and retain their status.Employers should ensure that USCIS receives extension petitions before the existing authorised stay expires. The consequences of a late filing depend on the circumstances and applicable immigration rules.What applicants should doApplicants and employers should identify the type of deadline involved, check whether an extension applies to their filing method and avoid relying on weekends or federal holidays for extra time.Families handling age-dependent immigration cases should plan well before an applicant turns 21. H-1B workers should verify their I-94 expiry dates and arrange extensions in advance.The key distinction is between procedural deadlines that may qualify for additional time and dates that determine eligibility or authorised stay. The revised policy retains some deadline extensions but removes the assumption that a weekend or federal holiday will automatically provide extra time.

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INDIA MARKET | Sun, 25 Oct 2026, 12:20PM IST Besides, Jio Platforms' market debut, trading activity of foreign investors and global trends would also dictate investors' sentiment

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INDIA MARKET | Sun, 25 Oct 2026, 12:15PM IST Fauzi is scheduled to release in theatres on March 19, 2027.

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INDIA MARKET | Sun, 25 Oct 2026, 12:13PM IST Scientists develop a protein-based system that uses carbon monoxide produced by cancer cells to create potential cancer-fighting compounds inside cells

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INDIA MARKET | Sun, 25 Oct 2026, 12:12PM IST Deepinder Goyal's Temple wearable price is out, with pre-orders opening on November 1 and a lifetime subscription included.

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INDIA MARKET | Sun, 25 Oct 2026, 12:12PM IST An analysis of daily S&P; 500 closing prices confirms the streak, with an average gain of about 15% in the 12 months after election day.

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INDIA MARKET | Sun, 25 Oct 2026, 12:10PM IST Eleven low-priced stocks with market caps below Rs 1,000 crore and share prices under Rs 20 have gained up to 181% over three months. Kapil Raj Finance and Tuni Textile Mills led the list, according to ACE Equity data.

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INDIA MARKET | Sun, 25 Oct 2026, 12:08PM IST Picture used for representational purpose only.

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INDIA BUSINESS | Sun, 25 Oct 2026, 12:05PM IST The National Council of Educational Research and Training has introduced a module on computational thinking and artificial intelligence for students. This 20-hour course is designed for students in grades 9 to 12 with no prior AI knowledge. It emphasizes critical thinking, creativity, and responsible technology use while covering ethical AI applications. The module includes activity-based learning to enhance understanding of AI concepts, applications, and limitations.

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INDIA MARKET | Sun, 25 Oct 2026, 12:03PM IST Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation in selling with two days of net buying. The overall FPI outflows from equities in 2026 have reached notable levels compared to previous years. Market participants are closely monitoring upcoming macroeconomic developments including US GDP data.

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INDIA NEWS | Sun, 25 Oct 2026, 12:00PM IST External Affairs Minister Dr S Jaishankar highlighted that the the Global South today faces a 4F crisis: of finance, of fuel, of food and of fertilizer, and called for Global North realize that it has equal stakes in finding solutions.Speaking at the Chinmaya Amrit Mahotsav Global Sammelan on UN Day on Sunday, he said, "The world cannot advance half prosperous and half denied. The Global South today faces a 4F crisis of finance, of fuel, of food and of fertilizer. The Global North must realize that it has equal stakes in finding solutions. The international economy must be urgently de-risked, and nations provided with more diversified options."Also read: 'War anywhere threatens peace everywhere': EAM Jaishankar calls for global cooperation on UN DaySpeaking on the conflicts in Ukraine and the Middle East, he said that socities, economies and people who are far away, have little say in the matter, are actually paying the cost. "We cannot remain helpless spectators," he added.Highlighting terrorism as a deadly threat to peace, the minister said, "India expresses global sentiment when we urge that dialogue and diplomacy are the only solution. We are making efforts ourselves and are open to working with other partners to that end."Usage of terrorism as an instrument of statecraft is simply unacceptable, he said, adding that the act can never be justified or rationalised and "yet it continues because not all states really display zero tolerance."He urged the world to develop sharper awareness about the common threat of terrorism.Progress and prosperity are the flip side of conflict and violence, and they too are equally indivisible, he added.EAM Jaishankar also called for an urgent de-risking of the global economy as "market distortions through constriction and choke points only add to suffering."

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INDIA MARKET | Sun, 25 Oct 2026, 11:55AM IST However, Foreign Portfolio Investors (FPIs) significantly moderated their selling last week and turned net buyers on two trading days, signalling some easing in selling pressure

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INDIA MARKET | Sun, 25 Oct 2026, 11:51AM IST The forecast for silver to grow more grey?

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:50AM IST The Central Bureau of Investigation has registered a case against IL&FS Energy Development Company and its executives over loan fraud. This case involves an alleged loss of Rs 212.34 crore linked to Canara Bank. The fraud stems from loans sanctioned by Syndicate Bank that were reportedly diverted from their intended projects. CBI conducted searches at multiple locations and seized various important documents related to the case.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:47AM IST Shabari Naturals, an initiative from Maharashtra, has received the G-Mark Global Design Award for its packaging. The packaging is inspired by traditional tribal art forms and cultural elements. Prime Minister Narendra Modi acknowledged the honor for promoting tribal products globally. Shabari Naturals aims to empower tribal communities by marketing their natural and organic products.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:46AM IST Brown-Forman, known for its iconic brands such as Jack Daniel's and Woodford Reserve, sees a scale of opportunity in the Indian Scotch market

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INDIA MARKET | Sun, 25 Oct 2026, 11:40AM IST The average Indian spends Rs. 785 a month commuting. In cities, that rises to Rs. 1,044.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:39AM IST Global asset management assets reached a record $159 trillion in 2026, but Morgan Stanley expects falling management fees to constrain revenue growth through 2030. Private markets and artificial intelligence could drive profitability, with firms integrating AI across operations potentially improving cost-to-income ratios by up to 15 percentage points.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:29AM IST The company's total income, including other income, declined 2.25 per cent to 8,814.96 crore in the financial year ended March 2026

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INDIA NEWS | Sun, 25 Oct 2026, 11:28AM IST Chennai: ISRO Chairman V Narayanan has said that India will expand its space operations significantly with four functional launch pads by 2029.He outlined the agency's roadmap, which includes a 2,000-acre dedicated Small Satellite Launch Vehicle (SSLV) complex at Kulasekarapattinam in Tuticorin district to meet the global demand for satellite deployment.Also Read: India to take a leap in quantum, NM-ICPS 2.0 in works: DST Secy WaghmareClarifying that the national space agency will not be privatised, Narayanan emphasised that partnering with private firms was essential to meet surging global and domestic demands for thousands of satellites."To handle this expanding ecosystem, ISRO will handhold startups and private enterprises, transferring technological expertise to foster economic growth and generate thousands of high-tech jobs," he said while speaking at a graduation ceremony at a private university here on Saturday.Also Read: Japan launches spacecraft on mission to bring Mars moon samples to Earth"India will expand its space operations significantly with four functional launch pads by 2029, supported by an increasing reliance on private industry partnerships to handle commercial operations," Narayanan said.The ISRO chief said that the upcoming Kulasekarapattinam spaceport facility will feature crucial infrastructure such as integration buildings, launch pads, rail-track systems, telemetry, tracking, and command systems.Stating that ISRO plans to conduct the first uncrewed Gaganyaan test within the next two months, followed by two subsequent uncrewed tests before the crewed mission, he said, "These tests will evaluate environmental control, safety systems, crew escape mechanisms, and module interiors under varying pressure, temperature, and humidity conditions."He said ISRO successfully conducted approximately 8,000 ground-based experiments for the mission, and four astronaut-designates are currently undergoing specialised training.Looking further ahead, Narayanan revealed plans for Chandrayaan-5, a collaborative lunar mission with Japan's space agency featuring a 350-kg rover designed to conduct 100 days of surface experiments.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:27AM IST NMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 percent of revenues from minerals other than iron ore. This expansion aligns with government initiatives to secure raw material supplies and decrease import dependency. NMDC's strategy is expected to enhance its role in India's manufacturing sectors. Industries such as automotive, renewable energy, and electronics will benefit from these efforts.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:25AM IST The insurance regulator has received more than 650 comments on its proposals to revise expense limits and commission structures for insurers and distributors

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INDIA MARKET | Sun, 25 Oct 2026, 11:19AM IST Realme is reportedly working on a new smartphone that could feature a massive 10,000mAh battery and a 200-megapixel main camera

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INDIA NEWS | Sun, 25 Oct 2026, 11:15AM IST Prime Minister Narendra Modi on Sunday delivered his 'Mann ki Baat' speech, marking 12 years of the initiative. He pitched the 'Vocal for Local' initiative ahead of the upcoming Diwali festival, saying Indians have started giving significance to indigenous goods during festivals.He highlighted that the initiative has served as an opportunity to celebrate the hard work, courage, commitment, dedication and spirit of service of the common man of our country.Addressing the 139th Episode of Mann Ki Baat, PM Modi said, "12 years ago, on the auspicious occasion of Vijayadashami, we began 'Mann Ki Baat'. Since then, our journey has continued uninterrupted. All of you have been both fellow travellers and guides on this journey. For me, 'Mann Ki Baat' has been a wonderful opportunity to celebrate the hard work, courage, commitment, dedication and spirit of service of the common man of our country."Highlighting India's centuries-old tradition of pilgrimages, he said 'Mann Ki Baat' is not less than a pilgrimage, it is a journey to closely understand the efforts of people of the country and to pay tribute to their contributions.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:11AM IST Punjab National Bank is focusing on bringing its cost-to-income ratio below 50 percent in the current financial year. The bank aims to further decrease it to around 45 percent by 2028-29. In the first half of the current fiscal year, the cost-to-income ratio was 50.38 percent, reflecting a decline from previous levels. The bank's net profit has reached Rs 5,500 crore, with targets for continued growth ahead.

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INDIA MARKET | Sun, 25 Oct 2026, 11:11AM IST LKP Securities Vatsal Bhuva sees continued downside risks for Nifty and Bank Nifty, while identifying potential rebounds in Swiggy and HDFC Bank. He also recommends Oriental Hotels and Apollo Hospitals, citing improving technical indicators and favourable chart setups.

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INDIA MARKET | Sun, 25 Oct 2026, 11:11AM IST LKP Securities Vatsal Bhuva sees continued downside risks for Nifty and Bank Nifty, while identifying potential rebounds in Swiggy and HDFC Bank. He also recommends Oriental Hotels and Apollo Hospitals, citing improving technical indicators and favourable chart setups.

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INDIA BUSINESS | Sun, 25 Oct 2026, 11:02AM IST L'Oreal is seeing substantial growth in its Indian market, supported by enhanced team capabilities and localization strategies. The company's consumer products division reported double-digit growth, particularly in haircare and skincare. L'Oreal is expanding its skincare brands CeraVe and La Roche-Posay into new cities to meet rising consumer demand. Additionally, L'Oreal has acquired a majority stake in Innovist to boost its digital-first marketing approach in India.

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INDIA MARKET | Sun, 25 Oct 2026, 11:00AM IST Pratika Rawal's century powered India to victory in the opener. Can the hosts seal the series in the second ODI?

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INDIA MARKET | Sun, 25 Oct 2026, 10:48AM IST As many as 24 companies will turn ex-record date for dividends, stock splits and rights issues during the week starting October 26. Key names include Shriram Finance, CRISIL, Cyient, Chennai Petroleum and L&T Technology Services.

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INDIA MARKET | Sun, 25 Oct 2026, 10:32AM IST Jailer 2 was released in theatres on October 15, 2026, in Tamil, Hindi, Kannada and Telugu.

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INDIA MARKET | Sun, 25 Oct 2026, 10:31AM IST File image of US President Donald Trump

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INDIA MARKET | Sun, 25 Oct 2026, 10:10AM IST Jio Platforms will list on October 28, with a grey market premium of Rs 247 indicating a potential 22.07% listing gain. The Rs 30,213-crore IPO was subscribed over 22 times, led by strong institutional demand.

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