Schroders, a major asset manager, holds a cautious view on Indian equities. The firm is underweight due to slow growth and high valuations. However, Schroders sees significant long-term potential for India. Improved economic performance and supportive valuations would lead to a more constructive outlook on Indian equities. Domestic flows provide a market floor.Read More

RBI Governor Sanjay Malhotra indicated that an early resolution to tariffs would boost India’s economic growth, though higher tariffs are not a major concern. He noted that while capacity utilization and investment sentiment are improving, uncertainties are delaying business and household expenditures. The central bank projects 6.8% growth for the fiscal year, factoring in current...Read More

RBL Bank’s board will meet on October 18 to consider raising funds. This includes issuing equity shares or other linked instruments. The bank is also set to review its second quarter results. Reports suggest Emirates NBD is close to acquiring a majority stake. RBL Bank stated it explores opportunities to enhance shareholder value. The bank’s...Read More

SEBI has directed public interest directors on market infrastructure institution boards to consider system failures as financial irregularities. Directors must now understand emerging technologies and ensure systemic stability and data integrity, especially with AI adoption. They are urged to exercise independent judgment and proactively report risks to SEBI.Read More

Singapore High Court approved WazirX’s parent Zettai’s restructuring plan, allowing the Indian crypto exchange to resume operations and begin asset redistribution. Following a creditor re-vote, WazirX expects to reopen by late October, prioritizing orderly withdrawals and enhanced security with third-party custodians like BitGo.Read More

Axis Bank reported a 26% drop in September-quarter net profit to ₹5,090 crore, primarily due to a one-time ₹1,231 crore standard asset provision for discontinued crop loan variants. Despite this, net interest income rose 2% year-on-year to ₹13,745 crore, with the bank optimistic about GST cuts and retail loan growth.Read More

Torrent Pharmaceuticals is planning a ₹14,000-crore bond sale to finance its acquisition of JB Chemicals & Pharmaceuticals. The company is in discussions with major banks for the funding package, which will be repaid through internal accruals. The proposed merger is awaiting regulatory approvals.Read More

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Nifty and Sensex rebounded after two days of losses, closing above 25,300 with strong gains in banking stocks. Analysts see further upside toward 25,500–25,600 and recommend buying Bank of Maharashtra, Fino Payments Bank, MCX, and Greenlam Industries.Read More

Markets regulator Sebi on Wednesday extended the timeline to January 31, 2026, for disclosing the allocation methodology by angel funds in their Private Placement Memorandum (PPM).Read More