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INDIA BUSINESS | Sat, 17 Oct 2026, 4:54AM IST Apple is cutting production of the standard iPhone 17 for the Indian market following a more than 20% price increase, as demand weakens despite strong overseas sales. The company plans to redirect capacity towards exports, while demand for iPhone 17 Pro and iPhone 18 Pro models remains firm. Rising component costs, a weaker rupee and higher prices have prompted some Indian consumers to defer purchases or consider older and refurbished iPhones.

Continue reading at Economic Times

1h

GLOBAL NEWS | Sat, 17 Oct 2026, 4:00AM IST Despite strong revenues and profits, the streaming service cut 1,000 jobs and jettisoned its chief content officer. Drops in the stock price and viewer engagement are to blame.

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1h

GLOBAL NEWS | Sat, 17 Oct 2026, 3:57AM IST Commercials with Sydney Sweeney promoting a gambling platform and Megan Fox endorsing male enhancement have rankled fans, and even athletes. Who is in charge?

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2h

GLOBAL NEWS | Sat, 17 Oct 2026, 3:47AM IST Despite strong revenues and profits, the streaming service cut 1,000 jobs and jettisoned its chief content officer. Drops in the stock price and viewer engagement are to blame.

Continue reading at The New York Times

2h

INDIA MARKET | Sat, 17 Oct 2026, 1:38AM IST Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment heading into the weekend. Additionally, a rise in oil prices fueled market fears about economic stability and rising borrowing costs. The S&P 500, Dow Jones, and Nasdaq all recorded substantial losses amid these uncertainties.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:58AM IST Reliance Industries expressed its openness to competition within India's satellite communications market. The company welcomed Starlinks entry while emphasizing the need for compliance with Indian regulations. Reliance stated that its satellite services are awaiting necessary government approvals for operations. Elon Musk claimed that oligarchs are blocking Starlink's entry into India, which Reliance addressed in its statement. Other satellite operators also continue to seek Indian government clearances to start their services.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:38AM IST HSBC has deployed more than half of its $1 billion loan commitment to Indian startups within a year of launching its innovation banking platform. The British lender has reported strong demand across consumer technology, e-commerce and enterprise software, and is open to increasing its funding allocation. HSBC Global Head of Innovation Banking David Sabow said the bank expects to add at least 500 clients in India over the next year.

Continue reading at Economic Times

5h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:34AM IST NITI Aayog is exploring policy measures to improve the manufacturing capabilities of medical and dental devices in India. The meeting included domestic manufacturers, government officials, and experts from IIT Delhi and IIT Mumbai. Key challenges such as regulatory hurdles and cost disadvantages faced by Indian manufacturers were discussed extensively. The industry body AiMeD emphasized the need for simpler regulations and financial support for local manufacturers.

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5h

INDIA MARKET | Sat, 17 Oct 2026, 12:29AM IST A White House official said Zacharia is transitioning out of the job.

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5h

INDIA MARKET | Sat, 17 Oct 2026, 12:29AM IST A White House official said Zacharia is transitioning out of the job.

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5h

INDIA MARKET | Sat, 17 Oct 2026, 12:24AM IST Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and rising inflation. The KBW Bank Index has fallen about 13% since its August peak, continuing a trend of losses. Concerns about artificial intelligence disrupting financial services contribute to the negative sentiment toward the sector. Analysts highlight challenges involving elevated interest rates potentially slowing economic growth.

Continue reading at Economic Times

5h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:19AM IST Indias 1,200-tonne gold refining industry could unlock new export opportunities through GIFT City, Gujarat, following the introduction of responsible sourcing and audit guidelines by the International Financial Services Centres Authority (IFSCA). The framework sets standards for refiners seeking Good Delivery accreditation to trade gold through the India International Bullion Exchange (IIBX). The move aims to strengthen global confidence in Indian-refined gold through supply chain transparency, independent audits and stricter compliance requirements.

Continue reading at Economic Times

5h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:16AM IST India's power sector planner recently said the country will require additional base load through conventional sources such as thermal power plants to meet the strong demand, along with renewable energy sources. Power consumption in September rose around 11% driven by cooling and irrigation requirements amid below-normal monsoon rainfall.

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5h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:12AM IST Maharashtras Food and Drug Administration (FDA) has suspended the licences of 25 food establishments and four edible oil and spice manufacturing units during a statewide crackdown on food safety violations. Six Dominos Pizza outlets in Pune division were among those affected. The FDA also seized around 81,330 kg of suspected substandard, adulterated or mislabelled food products worth Rs 1.73 crore from 37 establishments across six divisions. Laboratory tests and further legal action are pending.

Continue reading at Economic Times

5h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:12AM IST In responses to the regulator's consultation paper on insurance distribution reforms, some industry participants said automobile manufacturers and dealers influence commissions, discounting and repair costs, which could blunt the impact of the proposed curbs on intermediary remuneration, according to people aware of the matter.

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5h

INDIA MARKET | Sat, 17 Oct 2026, 12:07AM IST This comes as AI sell-off drives investors towards the country's software firms

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5h

INDIA BUSINESS | Sat, 17 Oct 2026, 12:06AM IST Theodoros Kokkalas, chief operating officer of ERGO International said greater predictability would help insurers make long-term business plans. "We make plans, and today making long-term plans is like science fiction in the dynamic environment that we live in," he said. While India's general insurance industry is struggling to bring its combined ratio below 100%, with the industry average at 110-115% and ERGO is targeting a ratio of 80-85%, Kokkalas said there was no standard timeline for a market to reach that level.

Continue reading at Economic Times

5h

INDIA MARKET | Sat, 17 Oct 2026, 12:01AM IST Zetwerk's IPO was subscribed 31% on Day 2, while the company raised 2,251 crore from anchor investors, including BlackRock and Goldman Sachs.

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5h

INDIA BUSINESS | Fri, 16 Oct 2026, 11:54PM IST Home services marketplace Urban Company on Friday said its consolidated net loss widened to Rs 182.48 crore in the July-September quarter of FY27. The company had posted a net loss of Rs 59.33 crore in the year-ago period, according to a regulatory filing. Urban Company's revenue from operations rose 41.4 per cent to Rs 537.29 crore from Rs 380.03 crore in Q2 FY26. On a sequential basis, the net loss widened from Rs 92.12 crore in the April-June quarter, while revenue was up 1.7 per cent. The company's board also approved raising up to Rs 2,500 crore through the issue of equity shares or other convertible securities via qualified institutional placement (QIP), subject to shareholder approval. The board also gave an in-principle approval to explore residential air conditioners as a new line of business under its 'Native' brand. The company said it already services millions of air conditioners every year, which gives it first-hand insight into product gaps and customer needs. The .

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:52PM IST Iran war-driven input cost pressures drag FY27 earnings growth forecast to 9.2% from 16.5% in February, while real estate bucks the trend

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:49PM IST The ouster came as Zacharia was shadowed by questions about how she had presented her legal career and handled her first press briefing

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6h

INDIA BUSINESS | Fri, 16 Oct 2026, 11:42PM IST Tanker attacks in Strait of Hormuz and Romania: All 24 Indian seafarers are safe after two tankers carrying Indian crew members were hit in separate incidents in the Strait of Hormuz and Romania. A crude oil tanker carrying 15 Indian seafarers was struck by a projectile on October 16, while chemical tanker Yara J, carrying nine Indian seafarers, was hit by a drone at Sulina Anchorage on October 14. Union Minister Sarbananda Sonowal confirmed that there were no casualties or injuries in either incident.

Continue reading at Economic Times

6h

INDIA MARKET | Fri, 16 Oct 2026, 11:36PM IST Oil prices have been supported by growing doubts over US President Donald Trump's plan to release several hundred million barrels of Russian diesel into global markets.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:33PM IST Mastercard and Citigroup seek greater access to China's financial markets as US-China talks continue.

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6h

GLOBAL NEWS | Fri, 16 Oct 2026, 11:30PM IST Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:29PM IST A significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 100 dropped by 1.8%, continuing its longest losing streak since 2008. Market participants are questioning if AI infrastructure investments will yield profitable returns despite strong demand for chips. Federal Reserve Chairman Kevin Warsh maintained a neutral stance on interest rates during discussions at the IMF meetings.

Continue reading at Economic Times

6h

INDIA MARKET | Fri, 16 Oct 2026, 11:26PM IST Poor rainfall in Maharashtra and Karnataka, two major sugar-producing states, has raised concerns about sugarcane availability

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:23PM IST Ranbir Kapoor greets the audience in Kannada at the international trailer launch of Ramayana.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:17PM IST CERT-In flags exposed credentials and AI-powered cyberattacks targeting Indian organisations.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:07PM IST Government sources said companies must invest in cybersecurity and pointed out that currently firms "notoriously lack in fibre hygiene"

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:05PM IST Sitharaman on Friday said the growing trade imbalance and persistent restrictions on market access for Indian products remained major concerns, despite years of engagement with Beijing.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:04PM IST Test Twenty will combine boys' and girls' scores as the new cricket format debuts in Sri Lanka.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:01PM IST Mobilisation in low-income countries remained around $3 billion between FY22 and FY26.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:01PM IST Oil prices rise as attacks around the Strait of Hormuz threaten Middle East crude supplies.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 11:00PM IST The list of investments, played on loop on the White House YouTube channel, also features the $15 billion steel plant announced by Essar Group's Mesabi Metallics in Iowa.

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6h

INDIA MARKET | Fri, 16 Oct 2026, 10:56PM IST Q2 Results Live Blog: Track Updates

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7h

INDIA MARKET | Fri, 16 Oct 2026, 10:16PM IST The company is expanding its AI cloud ecosystem through TIR AI/ML and Jarvislabs AI.

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7h

INDIA MARKET | Fri, 16 Oct 2026, 10:09PM IST World Bank chief Ajay Banga says practical AI can help small firms grow and create jobs.

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7h

INDIA MARKET | Fri, 16 Oct 2026, 10:09PM IST World Bank chief Ajay Banga says practical AI can help small firms grow and create jobs.

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7h
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