INDIA BUSINESS | Sat, 10 Oct 2026, 5:30AM IST
India's government has introduced the Samudra Manthan policy to enhance energy security through increased oil exploration. BP's CEO Meg O'Neill highlighted India's attractive conditions for foreign investment and exploration. This policy involves significant funding to support the development of discovered resources. BP is actively exploring current opportunities, aiming for growth and development in its portfolio. The company intends to remain independent while adapting to evolving global energy landscapes.
Continue reading at Economic Times
25m
US stocks: US market posts weekly gains with earnings, inflation data on tap
INDIA MARKET | Sat, 10 Oct 2026, 1:39AM IST
Wall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo and Goldman Sachs. Analysts predict a notable growth in S&P 500 earnings year-over-year, even as worries about consumer sentiment loom. Oil prices dipped initially due to conflicting US-Iran news but later recovered. Moreover, significant companies such as Delta Air Lines and Apple reported hurdles impacting their respective stock performances.
Continue reading at Economic Times
4h
US stocks: US market posts weekly gains with earnings, inflation data on tap
INDIA NEWS | Sat, 10 Oct 2026, 1:39AM IST
Wall Street ended higher on Friday as investors shifted their focus to next week, with third-quarter earnings season set to start and inflation data expected, which could shed light on the Federal Reserve's next policy decision, Reuters reported.The S&P 500 gained 46.35 points, or 0.60%, to end at 7,811.71 points, while the Nasdaq Composite gained 172.83 points, or 0.64%, to 27,365.00. The Dow Jones Industrial Average rose 429.90 points, or 0.84%, to 51,661.54.The three major indexes pared earlier gains after crude oil reversed its decline and Treasury yields resumed their climb.Its the kind of back-and-forth market weve been in where we have the reversal of sentiment around Iran, Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky told Reuters. With conflicting headlines coming out of the White House and parties in the Middle East, theres just no edge there.Thats why its a fairly tepid rally, Mayfield added.Oil prices initially fell after President Donald Trump said the United States would not attack Iran before the midterm elections. He also described talks between Washington and Tehran aimed at ending the conflict as productive.Long-term Treasury yields edged higher, although the benchmark 10-year yield remained below the 24-year high reached on Wednesday.Banks prepare to report earningsThe third-quarter earnings season begins in earnest next week, with major US banks including Wells Fargo, Goldman Sachs, Citigroup, JPMorgan Chase, Bank of America and Morgan Stanley scheduled to report results.Analysts expect aggregate S&P 500 earnings to rise 30.6% year over year in the July-September quarter, according to LSEG data. Energy and technology are projected to lead growth, with profits forecast to jump 123% and 66.5%, respectively.US consumer sentiment weakened this month, according to the University of Michigan. Near-term expectations fell to a record low, highlighting growing concerns among consumers, whose spending drives about 70% of the US economy.AI-linked momentum stocks broadly gained as the US bull market, driven largely by enthusiasm around artificial intelligence, approached its fourth anniversary.Chips have been this years story, said Michael Monaghan, portfolio manager at Founder ETFs in Dallas. (Its) a multidecade technological change and just at the beginning of whatevers happening, not at the end.SpaceX agreed to acquire a nationwide portfolio of low-band spectrum, mounting a direct challenge to established US wireless companies. T-Mobile US, AT&T and Verizon ended sharply lower.Humana jumped after US government data showed that 95% of the health insurers members were enrolled in Medicare Advantage plans rated four stars or higher for 2027.Apple declined after a media report said the company had asked some suppliers to reduce production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max. Rising memory-chip costs and price increases were reportedly weighing on consumer demand.Delta Air Lines also fell after cutting its annual profit forecast.(Disclaimer: This article is based on inputs from agencies. These do not represent the views of The Economic Times)
Continue reading at Economic Times
4h
Big Controversy Upends a Contest About Microscopic Videos
GLOBAL NEWS | Sat, 10 Oct 2026, 1:33AM IST
Nikon announced that it had disqualified the winner of its Small World in Motion competition over how A.I. was used in his submission.
Continue reading at The New York Times
4h
Gold, silver boom puts US bank trading revenues on track for record $5 billion
INDIA MARKET | Sat, 10 Oct 2026, 12:18AM IST
In the first half of 2026, the precious metals desks at major banks achieved significant earnings due to high demand. JPMorgan Chase reported approximately $700 million in profits from trading gold, silver, and other metals. Deutsche Bank also returned to bullion trading, earning more than $200 million in the same period. Analysts predict that banks will generate around $5 billion from precious metals trading by the end of the year.
Continue reading at Economic Times
5h
Target Says Its Not Working With ICE Amid Uproar Over Parking Lot Use
GLOBAL NEWS | Sat, 10 Oct 2026, 12:00AM IST
The retailer came under attack for being a staging area for immigration officers after Thursdays shooting in New York City.
Continue reading at The New York Times
5h
Airtel ARPU will cross Rs 300 very soon, need to upgrade customers, says CEO Shashwat Sharma
INDIA BUSINESS | Fri, 9 Oct 2026, 11:56PM IST
Bharti Airtel plans to raise its average revenue per user through an increase in postpaid subscriptions. The company aims to grow postpaid customers from 8% to around 20% over the long term. Recent tariff hikes and the introduction of new service packages are strategies to encourage upgrades. Airtel also expresses confidence in its future data centre expansion efforts.
Continue reading at Economic Times
5h
'There's talk of one party, but three have got Satcom licences': Jyotiraditya Scindia
INDIA BUSINESS | Fri, 9 Oct 2026, 11:51PM IST
Communications Minister Jyotiraditya Scindia highlighted India's technology-agnostic policy towards satellite communications during a recent event. He noted that several companies, including Reliance Jio, OneWeb, and Starlink, received the necessary licenses. While SpaceX's Elon Musk called for quicker licensing for Starlink, the government emphasized its fair authorization framework. The final decision regarding spectrum pricing is forthcoming, which will impact when operators can launch services.
Continue reading at Economic Times
6h
National Formulary of India lists drugs not approved by CDSCO, DCGI seeks explanation from IPC
INDIA BUSINESS | Fri, 9 Oct 2026, 11:48PM IST
The National Formulary of India released its latest edition amidst concerns regarding unapproved drugs included in it. The Drug Controller General of India has communicated with the Indian Pharmacopoeia Commission regarding this discrepancy. Several drugs listed in NFI 2026 have not received approval from the Central Drugs Standard Control Organisation. Stakeholders have also raised complaints about the unavailability of the online version of NFI 2026.
Continue reading at Economic Times
6h
Airtel Money makes London Stock Exchange debut with $7 billion valuation
INDIA BUSINESS | Fri, 9 Oct 2026, 11:45PM IST
African digital financial services platform, Airtel Money, made its London Stock Exchange (LSE) debut on Friday, marking the exchange's largest initial public offering (IPO) in several years..
Sunil Mittal, Founder of Airtel and Founder and Chairman of Bharti Enterprises, said the listing builds on Bharti's significant record of long-term interests in the UK.
"I am delighted to welcome the successful listing of Airtel Money on the London Stock Exchange. This listing is a vote of confidence in the UK as an attractive global destination for investment, with a stable business and policy environment attractive for long-term investors," he said.
The listing also builds on Bharti's significant record of long-term interests in the UK, including the strategic stake in BT announced in 2024, shareholding in Eutelsat (previously OneWeb) alongside the UK Government, and hospitality assets including the Scottish resort Gleneagles.
"In 2019, we listed Airtel Africa in London to leverage the UK's
Continue reading at Business Standard
6h
INDIA BUSINESS | Fri, 9 Oct 2026, 11:44PM IST
Trai has released a draft audit manual for digital rights management-based systems seeking industry feedback. The manual outlines procedures for audits of IPTV-based distribution systems, including subscriber management and encryption. Monthly reconciliation of data between subscriber management and DRM systems is required, with specific thresholds for discrepancies listed. Stakeholders have until October 30 to provide their comments on the draft.
Continue reading at Economic Times
6h
Health ministry proposes curbs on prescription drug ads by retailers, wholesalers and distributors
INDIA BUSINESS | Fri, 9 Oct 2026, 11:42PM IST
The union health ministry has proposed extending advertising restrictions on prescription drugs to retailers and distributors. This change will bar them from advertising certain medicines without prior government approval. The amendment affects drugs covered under Schedules H, H1, and X, which require medical oversight. The existing regulations already apply to pharmaceutical manufacturers. The recommendation for this amendment comes from the Drugs Technical Advisory Board.
Continue reading at Economic Times
6h
INDIA BUSINESS | Fri, 9 Oct 2026, 11:40PM IST
With aluminum prices soaring, Coca-Cola's bottlers and retailers in India have escalated the price of Diet Coke dramatically. The cost of a 330 ml can shot up to 70 from its previous price of 50. This adjustment stems from the rising demand for the sugar-free option, which has doubled within a year, leading to varying prices among retailers, despite the MRP still reading 50.
Continue reading at Economic Times
6h
"Did Not Deny...": Rahul Gandhi Says President Asked For Proof Of 'Vote Chori' Amid CEC Row
INDIA MARKET | Fri, 9 Oct 2026, 11:31PM IST
Rahul Gandhi says President Murmu asked the INDIA bloc to submit evidence of alleged "vote chori" during a meeting at Rashtrapati Bhavan
Continue reading at NDTV
6h
'Dear PM Ambani Pls Allow Starlink: Elon Musk Doubles Down on 'Real Boss of India Claim
INDIA MARKET | Fri, 9 Oct 2026, 11:31PM IST
In a pointed post on X, Musk mocked Ambani's alleged influence over India's telecom sector and urged him to allow Starlink to compete.
Continue reading at NDTV
6h
After SC Rap, Delhi Metro Revises Station Closure List For Oct 10: Check All 45 Affected Stations
INDIA MARKET | Fri, 9 Oct 2026, 11:28PM IST
Delhi Metro revises closure list to 45 stations after Supreme Court's intervention
Continue reading at NDTV
6h
Amazon Great Indian Festival logs record 440 million visits in early phase
INDIA BUSINESS | Fri, 9 Oct 2026, 11:26PM IST
First-time shoppers grew nearly 100 per cent, while more than 72 per cent of visits came from beyond the top nine metros; sellers saw units ordered more than double in 24 hours
Continue reading at Business Standard
6h
Railways plans to step up cleanliness checks on 11 long-distance trains
INDIA BUSINESS | Fri, 9 Oct 2026, 11:26PM IST
Railway authorities are implementing a plan to enhance monitoring of cleanliness on long-distance trains. Eleven specific trains have been identified for staff to take time-stamped photos at various points. On-board housekeeping staff will also receive training to handle small repairs during journeys. Zonal railway officers will conduct weekly reviews of passenger complaints and their resolution. The focus will be on ensuring adequate manpower and maintenance for improved cleanliness.
Continue reading at Economic Times
6h
Coal ministry says fuel supply to power plants up in October
INDIA BUSINESS | Fri, 9 Oct 2026, 11:23PM IST
Coal supplies to Indian power plants increased by 9% in October compared to September levels. The daily depletion of coal stocks at power plants has significantly declined during the same period. Supplies to the power sector rose around 36% from earlier September lows, indicating an upward trend. Meanwhile, the coal ministry is monitoring the situation closely to manage critical stock levels at various plants.
Continue reading at Economic Times
6h
Gujarat State Fertilizers and Chemicals seeks partner for green ammonia factory in Gujarat
INDIA BUSINESS | Fri, 9 Oct 2026, 11:21PM IST
Gujarat State Fertilizers and Chemicals is embarking on an ambitious project to establish a green ammonia plant capable of producing 500,000 tonnes annually. With a target commissioning date set for December 2030, the company actively seeks partnerships both domestically and internationally, emphasizing a focus on renewable energy technologies. Additionally, GSFC aims to penetrate export markets in Europe, Japan, and South Korea, securing up to 51% equity in this joint venture.
Continue reading at Economic Times
6h
INDIA MARKET | Fri, 9 Oct 2026, 11:17PM IST
Delhi residents can expect significant disruptions amid planned demonstrations in the national capital. Here's a look at what will remain open or closed on Saturday, Oct 10.
Continue reading at NDTV
6h
Ambani Heirs Face Tough Questions In Roadshow For Record Jio IPO
INDIA MARKET | Fri, 9 Oct 2026, 11:17PM IST
While valuation and IPO pricing is not yet confirmed, some fund managers told Akash that the company's desired valuation appeared ambitious and would be hard for the market to absorb, the people said.
Continue reading at NDTV
6h
INDIA BUSINESS | Fri, 9 Oct 2026, 11:16PM IST
Elon Musk has publicly requested approval for Starlink to enter the Indian market, highlighting connectivity issues in rural areas. The Indian government has dismissed claims of bias against Starlink, stating a fair authorization framework exists. Musk has alleged that unnamed oligarchs are blocking Starlink's entry to the market. The company has spent five years complying with Indian regulations and adapting its operations.
Continue reading at Economic Times
6h
Oppo ColorOS 17 Launch Date Confirmed: Enco X4, Pad Mini Teased Check Details
INDIA MARKET | Fri, 9 Oct 2026, 11:03PM IST
Oppo's ColorOS 17, the company's Android 17-based software, will arrive in India next week.
Continue reading at NDTV
6h
He Couldn't Afford An iPhone; Bought Gold For Rs 49,770. 3 Years Later, Its Worth Rs 1.14 Lakh
INDIA MARKET | Fri, 9 Oct 2026, 11:03PM IST
Gold is widely considered as a valuable asset to create wealth.
Continue reading at NDTV
6h
Elon Musk targets Ambani over Starlink's entry into India, alleges monopoly
INDIA MARKET | Fri, 9 Oct 2026, 11:01PM IST
Musk accused Ambani of seeking to protect his monopoly and urged him to allow Starlink to compete, saying satellite internet could improve access to education and markets
Continue reading at Business Standard
6h
Margin Trading Is Moving Down The Market-Cap Ladder: Nithin Kamath Flags Smallcap Liquidity Risk
INDIA MARKET | Fri, 9 Oct 2026, 10:58PM IST
Zerodha's Nithin Kamath flags liquidity risks as small and microcaps account for 50% of the MTF book.
Continue reading at NDTV
6h
Nvidia-backed Firmus scraps $5 bn Australia IPO amid growing AI scrutiny
INDIA MARKET | Fri, 9 Oct 2026, 10:56PM IST
Nvidia-backed Firmus has scrapped its planned $5 billion Australian IPO amid investor concerns over its valuation, debt burden and ambitious AI data centre expansion plans.
Continue reading at Business Standard
6h
Netflix Layoffs: 850 Jobs At Risk As Streaming Giant Plans Major Restructuring
INDIA MARKET | Fri, 9 Oct 2026, 10:55PM IST
Netflix co-CEO Ted Sarandos has said the company wants to grow faster.
Continue reading at NDTV
6h
Tesla Renamed 'Full Self-Driving Label In Europe, Switches To 'Assisted Driving
INDIA MARKET | Fri, 9 Oct 2026, 10:54PM IST
Eight EU countries already permit Teslas supervised driving system.
Continue reading at NDTV
7h
INDIA MARKET | Fri, 9 Oct 2026, 10:53PM IST
West Indies captain Shai Hope scored an unbeaten 102 off 45 balls against India in Ranchi.
Continue reading at NDTV
7h
This Bengaluru Farmer Makes Rs 50,000 A Day By Growing Baby Bottle Gourds For Qatar Market
INDIA MARKET | Fri, 9 Oct 2026, 10:52PM IST
A Bengaluru farmer earns around Rs 50,000 a day by growing baby bottle gourds for export to Qatar.
Continue reading at NDTV
7h
AB de Villiers Makes Big Claim On Virat Kohli, Says India Star Is Better Than His Peak Years
INDIA MARKET | Fri, 9 Oct 2026, 10:47PM IST
AB de Villiers says Virat Kohli is in a better form than during his celebrated 2016-17 peak.
Continue reading at NDTV
7h
INDIA MARKET | Fri, 9 Oct 2026, 10:44PM IST
Motorola Signature 27 India launch confirmed, with a 200MP camera and Snapdragon 8 Elite Extreme Gen 6.
Continue reading at NDTV
7h
India To Host World Travel & Tourism Council Global Summit
INDIA MARKET | Fri, 9 Oct 2026, 10:43PM IST
Union Minister for Tourism Gajendra Singh Shekhawat, who participated in the three-day event, said next year's summit will be instrumental in promoting inbound tourism in a big way.
Continue reading at NDTV
7h
Apply same rules on satcom players intending to use spectrum being used by mobile players: Airtel
INDIA BUSINESS | Fri, 9 Oct 2026, 10:35PM IST
Bharti Airtel's Rahul Vatts stated that satcom players using mobile spectrum should follow telecom regulations. Currently, telecom operators acquire spectrum through auctions, while satcom players do not. The Telecommunications Act, 2023 allows administrative allocation of spectrum for satcom. Vatts emphasized compliance with existing legal precedents regarding spectrum allocation methods. This assertion aligns with the Supreme Court's directive on ensuring spectrum auctions for commercial use.
Continue reading at Economic Times
7h
US bull market nears fourth anniversary, but narrow rally raises risks
INDIA MARKET | Fri, 9 Oct 2026, 10:23PM IST
The ongoing US stock bull market is nearing its fourth anniversary with strong corporate earnings and low volatility. Investor concerns are rising due to the disparity between benchmark indices and the performance of individual stocks. The reliance on artificial intelligence for growth makes the market susceptible to volatility if sentiment shifts. Upcoming third-quarter earnings and midterm elections could introduce additional uncertainties for investors.
Continue reading at Economic Times
7h
more