Moneycontrol

RBI rate hike could boost large banks’ net interest margins by up to 10 bps: ReportThe Monetary Policy Committee (MPC) unanimously raised the repo rate by 25 basis points to 5.5 per cent and shifted its policy stance from ‘neutral’ to ‘calibrated tightening.’Read More:https://www.moneycontrol.com/news/business/rbi-rate-hike-could-boost-large-banks-net-interest-margins-by-up-to-10-bps-report-14049498.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

Metro, rail services to function normally, free movement allowed across Delhi: SCThe bench said restrictions on metro and rail services may be imposed only when required, keeping in mind the possibility of disruption to public order.Read More:https://www.moneycontrol.com/news/india/metro-rail-services-to-function-normally-free-movement-allowed-across-delhi-sc-14049359.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

Jio heads into IPO with stronger cash generation, lower leverage- Jio's net leverage ratio drops ahead of its proposed IPO.- Revenue and profit after tax show significant growth.- Jio expands broadband, 5G stack, and overseas tech.More detailshttps://www.moneycontrol.com/news/business/companies/jio-heads-into-ipo-with-stronger-cash-generation-lower-leverage-14049311.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

CJP leaders Abhijeet Dipke, Ashutosh Ranka and Saurav Das released after preventive detention in Delhi- CJP founder Abhijeet Dipke placed under preventive arrest- Delhi Police detain three leaders before Jantar Mantar protest- Protest planned against Chief Election Commissioner Gyanesh KumarRead More:https://www.moneycontrol.com/city/cjp-leaders-abhijeet-dipke-ashutosh-ranka-and-saurav-das-released-after-preventive-detention-in-delhi-article-14049284.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

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Daily Voice: Market nearing a bottom as valuations turn attractive; Q2 earnings growth to beat Q1, says Shriram AMC fund manager- Market now closer to a bottom, with valuations appearing more than reasonable- Expect YoY earnings growth in Q2FY27 to be stronger than in Q1, excluding OMCs- Many Indian private banks offer reasonable entry opportunitiesRead More:https://www.moneycontrol.com/news/business/markets/daily-voice-market-nearing-a-bottom-as-valuations-turn-attractive-q2-earnings-growth-to-beat-q1-says-shriram-amc-fund-manager-14049247.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

FM Sitharaman meets top executives of global investment funds, banks; discusses investment opportunities in India- Sitharaman meets global fund executives in Singapore.- Discussions focus on boosting investments in infrastructure.- Talks cover healthcare, financial services, and green energy.Read More:https://www.moneycontrol.com/news/business/fm-sitharaman-meets-top-executives-of-global-investment-funds-banks-discusses-investment-opportunities-in-india-14049225.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

RBI opens oil dollar window, tightens forex trades to arrest rupee slideThe measures could ease spot-market pressure and cool forward premiums, but a strong dollar, elevated crude prices and weak capital flows continue to weigh on the rupeeRead More:https://www.moneycontrol.com/news/business/banks/rbi-opens-oil-dollar-window-tightens-forex-trades-to-arrest-rupee-slide-14048991.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

🚨 BREAKING NEWS | CJP leaders Abhijeet Dipke, Saurav Das and Ashutosh Ranka detained from an aircraft at Delhi airport ahead of the party’s planned protest at Jantar Mantar.The protest seeks the resignation of Chief Election Commissioner Gyanesh Kumar over alleged irregularities in the Special Intensive Revision (SIR) of electoral rolls.

Daily Voice: Alpha Capital’s Mukesh Jindal sees 7%+ growth within reach if oil prices cool- Believe bank stocks are close to fair valuations, but not cheap across the board- September quarter can look better than the year- Market at record new high by March is the good case, but not the planRead More:https://www.moneycontrol.com/news/business/markets/daily-voice-alpha-capital-s-mukesh-jindal-sees-7-growth-within-reach-if-oil-prices-cool-14048893.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

Anthropic AI model sent fake murder tip to Philadelphia police, went undetected for months- Anthropic AI submitted a fake tip on an unsolved murder.- The false tip was flagged as spam by Philadelphia police.- Anthropic suspended the automated testing after the incident.Read More:https://www.moneycontrol.com/technology/anthropic-ai-model-sent-fake-murder-tip-to-philadelphia-police-went-undetected-for-months-article-14048901.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

🚨 Delhi Metro revises closure list: 45 stations shut from 9pm tonight ahead of Oct 10 anti-CEC protestCommuters travelling through central Delhi and other affected areas are advised to check the latest DMRC service updates before starting their journeys, as the restrictions may be reviewed by security agencies.Read More:https://www.moneycontrol.com/city/delhi/delhi-metro-revises-closure-list-45-stations-shut-from-9pm-tonight-ahead-of-oct-10-anti-cec-protest-article-14048833.html

GCC CSR spending grows 6.4x in a decade to Rs 3,661 crore, yet innovation gets just 4%, says SattvaIndia’s GCCs now account for 9% of corporate philanthropy, but a new report highlights significant untapped potential to leverage their technology, talent, and expertise for greater development impact.Read More:https://www.moneycontrol.com/technology/gcc-csr-spending-grows-6-4x-in-a-decade-to-rs-3-661-crore-yet-innovation-gets-just-4-says-sattva-article-14048763.html

🚨 Jio Platforms sets IPO price band at Rs 1,065-1,119 per share: ReportJio Platforms is set to price its IPO at Rs 1,065-1,119 per share, targeting a valuation of up to Rs 10.3 lakh crore and a potential Rs 30,200 crore fundraising, according to people familiar with the matter cited by Bloomberg.Read More:https://www.moneycontrol.com/news/business/ipo/jio-platforms-sets-ipo-price-band-at-rs-1-065-1-119-per-share-report-14048676.html

Closing Bell 🔔 : Sensex ends nearly 900 pts higher, Nifty above 22,500 after CAS; IT jumps 3%, FMCG gains over 2%More details 👇 https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-09-10-2026-liveblog-alpha-liveblog-14048122.html

AI may replace only 5 percent of human work in 10 years, says Nobel winnerAcemoglu, an MIT professor who shared the 2024 Nobel Prize in Economic Sciences, has long taken a cautious view of AI-driven automation. His latest argument again challenges predictions that AI will soon make large numbers of workers redundant.Read More:https://www.moneycontrol.com/world/ai-may-replace-only-5-percent-of-human-work-in-10-years-says-nobel-winner-article-14048483.html

Airtel Money targets $700 million share sale in what could be London’s biggest IPO in five yearsAirtel Money’s London IPO prices shares at £1.96, valuing the business at £5.3 billion, with Qatar Investment Authority and Mastercard among the selling investors.Read More:https://www.moneycontrol.com/news/business/ipo/airtel-money-targets-700-million-share-sale-in-what-could-be-london-s-biggest-ipo-in-five-years-14048287.html

TCS says US green card programme suspension won't hit hiring plans; PERM applications in 'single digits'-TCS says PERM suspension will not impact its US strategy.-Company had single-digit PERM applications in past two years.-US suspended major tech firms from the green card program.Read More:https://www.moneycontrol.com/news/business/tcs-says-us-green-card-programme-suspension-won-t-hit-hiring-plans-perm-applications-in-single-digits-14048167.html

US sanctions two Mumbai-based firms, 5 Indian nationals over Iran oil tradeThe action against the Indian entities and individuals is part of the US crackdown against Iran under Operation Economic Outcast.Read More:https://www.moneycontrol.com/world/us-sanctions-two-mumbai-based-firms-5-indian-nationals-over-iran-oil-trade-article-14048117.html

Jeff Bezos becomes world’s second richest person after Blue Origin valuation soars to $140 billionBezos incorporated Kent, Washington-based Blue Origin in 2000, about two years before Musk’s founding of SpaceXRead More:https://www.moneycontrol.com/world/jeff-bezos-becomes-world-s-second-richest-person-after-blue-origin-valuation-soars-to-140-billion-article-14048086.html

#TechWithMC | TCS onboards 10,000 campus graduates in Q2, plans further hiring on demand basisTCS onboarded 10,000 freshers in the July-September quarter.Q2 net profit rose 4 percent sequentially to Rs 13,884 crore.Total headcount reached 598,056 with attrition at 13.3 percent.Read:https://www.moneycontrol.com/news/business/information-technology/tcs-onboards-10-000-campus-graduates-in-q2-plans-further-hiring-on-demand-basis-14048053.html

Jane Street alleges SEBI report prepared after ex-parte order to bolster case; SEBI calls plea ‘fishing enquiry’- Jane Street claims SEBI report was made after ex-parte order.- Firm argues SEBI failed to clarify large delta thresholds.More detailshttps://www.moneycontrol.com/news/business/markets/jane-street-alleges-sebi-report-prepared-after-ex-parte-order-to-bolster-case-sebi-calls-plea-fishing-enquiry-14048025.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

Infosys, Wipro ADRs slip 3% as US cracks down on H-1B visa programme- US suspended PERM program for Infosys and Wipro.- Infosys and Wipro ADRs fell nearly 3 percent.- Action aims to encourage hiring of American workers.Read More:https://www.moneycontrol.com/news/business/markets/infosys-wipro-adrs-slip-3-as-us-cracks-down-on-h-1b-visa-programme-14048015.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

Akasa Air re-introduces fuel surcharge for domestic flights, hikes surcharges for intl services"In view of the prevailing fuel price environment, Akasa Air has taken a measured approach to partially offset the impact," the statement said.Read More:https://www.moneycontrol.com/news/business/akasa-air-re-introduces-fuel-surcharge-for-domestic-flights-hikes-surcharges-for-intl-services-14047984.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

Breaking |🚨 Sources to Moneycontrol GST Council approves key GST reformsThe GST Council has raised the monetary threshold for prosecution of offenders to ₹10 crore from ₹5 crore and approved curbs on arrest powers.The Council also approved ITC on employee insurance expenses, a ₹10,000 threshold for GST show-cause notices, and cut GST on delivery services provided by unregistered riders through e-commerce platforms to 5%.

Stock Market Crashes 🔻all sectors in the red-Nifty below 22,250, Sensex tanks 1045 pts-Auto, Energy, FMCG, Infra, Media, Metal, Oil & Gas, Pharma, Realty down 2-3%.-Biggest Nifty lowers were Adani Enterprises, JSW Steel, Max Healthcare, ITC and Interglobe Aviation, while gainers included Infosys, Axis Bank and HCL Tech.Catch all the key highlights in today’s Closing Bellhttps://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-08-10-2026-alpha-liveblog-14047145.html

GST Council likely approved faster registration, ITC and refund reforms, sources sayThe reforms include faster GST registration, greater automation in processing input tax credit (ITC) and quicker refundsMore detailshttps://www.moneycontrol.com/news/business/economy/gst-council-likely-approved-faster-registration-itc-and-refund-reforms-sources-say-14047685.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial

'Deepfakes a big challenge': PM Modi calls for global framework on fraud, securityThe prime minister said consumer confidence will be critical to scaling technology as digital threats increasingly cross national bordersRead More:https://www.moneycontrol.com/news/business/deepfakes-a-big-challenge-pm-modi-calls-for-global-framework-on-fraud-security-14047443.html

🔻 Sensex down 800 pts, Nifty near 22,300: Rising crude prices among key factors behind market declineSensex, Nifty declined, tracking global cues as US Fed minutes signal another rate hike by year-end; RBI’s hawkish stance also weighed on sentiment.More details https://www.moneycontrol.com/news/business/markets/sensex-down-400-pts-nifty-below-22-500-rising-crude-prices-among-key-factors-behind-market-decline-14047262.html

Amazon makes fresh job cuts, mainly in retail divisionThe cuts are the latest in a series of small reductions since a larger round of 30,000 job cuts that began last year and continued into January.Read More:https://www.moneycontrol.com/news/business/amazon-makes-fresh-job-cuts-mainly-in-retail-division-14047151.html