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The Latest Breaking News from The Economic Times

Delhi Police registers FIRs under BNSS Section 163 for violation during Opposition protest

Delhi Police has registered multiple FIRs in connection with the Opposition's protest on Monday, including cases for alleged violation of prohibitory orders under Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), Delhi Police said on Tuesday.

The Economic Times · Oct 13

India, America expanding cooperation across sectors: US ambassador Sergio Gor

Kolkata and the United States are strengthening ties across sectors such as defence, IT, and healthcare. Recent military exercises involving 500 troops and significant investments showcase this growing partnership. American companies are establishing production facilities in India, contributing to economic development in both nations. India plays a crucial role in…

The Economic Times · Oct 13

High crude vs festive demand: Can consumption stocks withstand the oil shock?

As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG and apparel. With input and logistics costs rising, analysts indicate that while consumer spending could increase, the burden of elevated crude prices might pressure profit margins. Larger, established…

The Economic Times · Oct 13

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Blackstone COO flags tech disruption, geopolitical conflicts as global risks; says India's investment climate improving

Blackstone President Jonathan Gray highlighted risks like technology disruption, geopolitical conflicts, and government debt affecting the global economy. He stressed India's progress in infrastructure and foreign investment, which enhance growth prospects. Gray indicated that simpler rules and clearer policies could help attract foreign capital and support nations facing fiscal constraints.…

The Economic Times · Oct 13

Kolte-Patil sales bookings jump 52% to record Rs 1,019 crore in Q2

Kolte-Patil Developers reported a significant 52 percent increase in sales bookings for the July-September quarter. The company achieved sales of Rs 1,019 crore in this period, marking its highest quarterly sales ever. For the first half of the fiscal year, sales reached a record Rs 1,636 crore, up by 27…

The Economic Times · Oct 13

Global Market: Japan bond yields diverge as investors weigh inflation, BOJ outlook

Japanese government bond yields moved in opposite directions on Tuesday, with shorter-term yields rising and longer-dated yields falling as investors assessed inflation pressures, wholesale price data and the Bank of Japan’s policy outlook.

The Economic Times · Oct 13

Jefferies lists 6 factors that will shape CRDMO winners; Divi’s Labs, Sai Life, Laurus, Anthem among stocks to watch

India's CRDMO sector is on the brink of expansion, backed by solid partnerships with major pharmaceutical players and comprehensive capabilities. Jefferies emphasizes the critical role of specialized manufacturing skills and a strong project pipeline for achieving success. With Divi's Laboratories and Sai Life Sciences excelling in these domains, there is…

The Economic Times · Oct 13

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India calls for inclusion of terrorism under crimes against humanity framework at UN

India called for the recognition of terrorist acts within the framework of crimes against humanity at the UN. The country's representative emphasized the primary responsibility of states to prevent and prosecute such crimes. India seeks a convention that complements existing legal mechanisms and respects national jurisdictions. Enhanced counter-terrorism measures have…

The Economic Times · Oct 13

Rupee jumps 82 paise to 94.96 against US dollar in early trade

In early trading, the rupee appreciated by 82 paise against the US dollar, hitting 94.96, thanks to strategic moves by the Reserve Bank of India aimed at curbing dollar demand. Key actions included establishing a dedicated dollar window for oil firms and raising costs for hedging. Meanwhile, Brent crude prices…

The Economic Times · Oct 13

Tera bhai mar gaya: How a seat dispute in Delhi metro turned fatal for a 48-year-old after being assaulted by an IAS officer and his son

A family’s loss of its sole breadwinner has followed a fatal altercation on the Delhi Metro, where Pawan Sharma allegedly suffered an assault during a dispute over seats reserved for senior citizens. His younger brother recalled receiving a distressed call from their mother before learning of Pawan’s death at the…

The Economic Times · Oct 13

Why did market rally today? Sensex surges 1,100 points, Nifty closes above 22,700. 5 key factors behind D-Street rebound

Stock Market Today: On Tuesday, Indian equity benchmarks, Sensex and Nifty, showcased a robust recovery after a lower opening. Driving this upward momentum, IT stocks saw notable gains, particularly HCL Tech, which soared more than 5% following its impressive Q2 results.

The Economic Times · Oct 13

India-EU FTA to make avenues for deeper alliance between Indian, Czech cos: Czech Minister Havlicek

India and the European Union have finalized negotiations for a free trade agreement this year. The deal will foster collaboration between Indian businesses and Czech companies eager to invest in India.

The Economic Times · Oct 13

Ranjeev Puri eyes to be Michigan's first Indian-American House Speaker

Indian-American lawmaker Ranjeev Puri is set to run for the position of Speaker in the Michigan House of Representatives. Known for being the first Sikh American elected in 2020, Puri faces off against Republican Allison Kay Fuller in the upcoming races on November 3. As Democrats aim to break the…

The Economic Times · Oct 13

ICICI Prudential AMC shares rise 2% as Jefferies, other brokerages revise target prices after Q2 results. Should you buy?

ICICI Prudential AMC shares rose 2% after reporting a 6% YoY net profit rise to Rs 889 crore in Q2 FY27. Major brokerages including Jefferies, Emkay, and Centrum retained positive ratings with revised target prices offering up to 30% upside potential, while a Rs 30 dividend was declared.

The Economic Times · Oct 13

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The Economic Times · Oct 13

RBL Bank shares plunge 8% despite 170% jump in Q2 profit. Should you buy, sell or hold?

RBL Bank shares fell up to 8% despite a 170% year-on-year jump in Q2 FY27 net profit to Rs 481.7 crore. Strong net interest income growth and improved asset quality supported performance, while provisions rose. Nuvama raised its target price to Rs 500, citing the ENBD acquisition and FCNR deposit…

The Economic Times · Oct 13

India, Gulf gain room to manoeuvre as US-China rivalry reshapes world, says former UK PM Rishi Sunak

Rishi Sunak stated that countries such as India and Gulf nations are shaping global orders independently. He emphasized the increasing geopolitical uncertainty as these nations do not always align with the US or China. Sunak expressed concern over the rise in armed conflicts worldwide since World War II, noting 61…

The Economic Times · Oct 13

Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weakness

Japan’s Nikkei 225 fell 2.64%, extending losses to four sessions as AI-related and semiconductor stocks declined amid Wall Street weakness. Geopolitical tensions and inflation concerns added pressure, with wholesale prices rising 6.8% year-on-year in September. Kioxia Holdings plunged 13.02%, while shipping stocks gained despite broader market weakness.

The Economic Times · Oct 13

Trump's diesel deal with Putin draws criticism from a frustrated Congress

Donald Trump recently announced a controversial agreement with Vladimir Putin to import Russian diesel to the U.S. The deal has drawn bipartisan criticism due to its implications on the ongoing war in Ukraine. Lawmakers have urged Trump to reverse course, citing legal concerns over U.S. sanctions against Russia. Despite the…

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The Economic Times · Oct 13

Trump attacks immigrants from Somalia and Haiti while rallying in Ohio for Republican candidates

US President Donald Trump sought to boost Republican Senator Jon Husted’s reelection campaign at an Ohio rally by targeting Somali and Haitian immigrants, repeating the debunked claim that Haitians ate pets in Springfield and praising his administration’s efforts to drive them out.

The Economic Times · Oct 13

Delhi Police detain CJP's Saurav Das, Ashutosh Ranka, Ajinkya Shinde again as they attempt to breach Jantar Mantar

Delhi Police detained Saurav Das and Ashutosh Ranka, leaders of the Cockroach Janta Party, during a protest at Jantar Mantar regarding electoral roll revisions. The party is calling for Chief Election Commissioner Gyanesh Kumar's resignation.

The Economic Times · Oct 13

Global Market: South Korea’s Kospi plunges over 7% as chip stocks tumble on CXMT concerns

South Korea’s Kospi plunged over 7% amid concerns about rising competition from Chinese semiconductor makers, triggering a temporary trading curb. Samsung Electronics and SK Hynix suffered sharp losses, while foreign investors sold equities heavily. Weak technology stocks, a softer won and falling bond yields reflected growing market uncertainty and investor…

The Economic Times · Oct 13

Reliance Jio IPO: GMP already seeing 'Ambani premium' ahead of record issue launch

Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey market prices indicate a robust premium. Analysts suggest a potential 15-16% rise over the anticipated price range, with estimated proceeds around Rs 30,200 crore, marking this as India's largest public offering. Jio aims to…

The Economic Times · Oct 13

Nvidia's China AI-chip share falls as Huawei closes gap, report finds

Nvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies of its products and domestic rivals led by Huawei gained ground, according to an IDC report seen by Reuters.

The Economic Times · Oct 13

Rs 1 lakh crore is chasing small & midcaps, but largecaps have the valuation. Where are India’s next multibaggers hiding?

This year, over Rs 1 lakh crore has been funneled into small and midcap funds, reflecting a surge in investor enthusiasm. While smallcaps have recently taken the lead over largecaps, the latter are drawing attention due to attractive valuations. As growth expectations for largecaps are evening out, it indicates a…

The Economic Times · Oct 13

IMF sounds alarm on mounting fiscal strains as major economies grapple with high debt

The IMF has urged major economies to rein in fiscal deficits and rebuild financial buffers as high public debt and rising borrowing costs leave governments with less room to respond to future shocks.

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