Oil prices surged Friday following Ukraine’s drone attacks on Russia’s energy infrastructure, significantly cutting fuel exports. Russia responded by implementing a partial diesel export ban. US pressure on allies like India and Turkey to reduce Russian imports, alongside NATO warnings and robust US economic growth, further bolstered prices.Read More

NCDEX secured shareholder approval to issue Rs 770 crore worth of shares, marking a key step toward launching equity and derivatives segments by 2026, strengthening its multi-asset exchange vision.Read More

US stocks are rising today, recovering earlier losses. An inflation report met economists’ expectations. This boosts hopes for future Federal Reserve rate cuts. President Donald Trump announced new tariffs on various imports. These tariffs start in October. Some companies like Paccar and Eli Lilly gained. Others like Williams-Sonoma and Costco saw declines.Read More

Aarvee Engineering Consultants and Deon Energy have filed DRHPs with SEBI for IPOs worth Rs 202.5 crore and Rs 150 crore respectively, to fund expansion, debt repayment, and working capital needs.Read More

Tata Capital’s much-anticipated IPO will launch on October 6, offering over 47.58 crore shares, including fresh issuance and an offer for sale by Tata Sons and IFC, estimated at Rs 17,200 crore. This comes as its unlisted shares have plunged 35% from their April peak to Rs 735, amid weak market sentiment and valuation concerns.Read More