US dollar makes modest weekly gain after soft inflation data

US dollar makes modest weekly gain after soft inflation data

The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index rose 0.3% last month and 3.0% in the 12 months through September. Economists … Read more

Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

IndusInd Bank‘s former deputy chief has deposited 50% of the alleged insider trading gains with India’s markets regulator, BSE said on Friday. Restrictions on former deputy Arun Khurana’s bank accounts have been lifted, a notice from the stock exchange said. The private bank faced a crisis earlier this year following revelations of governance and accounting … Read more

Sebi allows transfer of PMS business to simplify operations, ease compliance burden

Sebi allows transfer of PMS business to simplify operations, ease compliance burden

Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) business after obtaining approval from the regulator. In a circular today, the market watchdog stated that the initiative is part of its broader efforts to promote ease of doing business and simplify compliance in the capital market … Read more

India’s evolving startup funding landscape: Nithin Kamath reflects on VC growth and entrepreneurial momentum

India’s evolving startup funding landscape: Nithin Kamath reflects on VC growth and entrepreneurial momentum

The Indian venture capital (VC) and startup funding ecosystem has come a long way over the past 15 years, witnessing a profound transformation from a fringe concept to a mainstream economic force. In a detailed post on Twitter, Zerodha co-founder and CEO Nithin Kamath shared his observations on this journey, describing how the landscape has … Read more

How Shankar Sharma’s house help bought Mumbai apartment without investing in stocks

How Shankar Sharma’s house help bought Mumbai apartment without investing in stocks

Ace investor Shankar Sharma took to X (formerly Twitter) on Friday to share a story that has captivated market watchers and small investors alike about how his house help, who avoided stocks on Sharma’s advice two decades ago, has now bought a “stunning apartment in Bombay” through steady investments in gold and land. “~20 years … Read more

Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

After six consecutive sessions of solid gains, the Nifty paused for breath on Friday, slipping below the 26,000 mark. While some investors see this as a short-term consolidation, market expert CA Rudramurthy BV believes the broader trend remains strong and sector rotation could fuel further upside. “See, we have to understand from 24,600 Nifty has … Read more

$7 billion deals in banks, NBFCs in 2025. Sign of banking reforms ahead?

 billion deals in banks, NBFCs in 2025. Sign of banking reforms ahead?

The flood of foreign money into India’s financial sector this year, over $7 billion and counting, is more than a capital infusion. It’s starting to look like the early rumblings of a structural reset in Indian banking. From Federal Bank’s Rs 6,200 crore Blackstone deal to Emirates NBD’s record Rs 26,853 crore bet on RBL … Read more

Ashish Kacholia-backed stock surges 26% in 5 sessions. What’s fuelling the rally today?

Ashish Kacholia-backed stock surges 26% in 5 sessions. What’s fuelling the rally today?

Shares of Ashish Kacholia-backed Jain Resource Recycling surged 9% to their new 52-week high of Rs 401.30 on the BSE on Friday, October 24, extending gains for a fifth consecutive session after the company reported a strong set of numbers for the second quarter of the financial year FY26. The company’s consolidated net profit for … Read more

Geoff Dennis on sanctions, oil shock and India’s emerging market outlook

Geoff Dennis on sanctions, oil shock and India’s emerging market outlook

The latest round of U.S. sanctions on Russian oil giants has once again stirred the global energy markets, raising questions over crude supply to major buyers like India and China. In an exclusive conversation with ET Now, Geoff Dennis, Global Market Analyst, shared his perspective on the ripple effects of the sanctions, Donald Trump’s diplomatic … Read more

What to know about Ireland’s election as the country votes for a new president

What to know about Ireland’s election as the country votes for a new president

Voters in Ireland are going to the polls Friday to elect one of two women as their new president for the next seven years, a largely ceremonial role in the European Union member country. Catherine Connolly, a left-wing independent lawmaker who has the backing of Sinn Fein and is known for her strong stance against … Read more