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

Restrictions on former deputy Arun Khurana's bank accounts have been lifted, a notice from the stock exchange said

Wall Street hits record highs as cool inflation fuels Fed rate cut hopes

The Fed is set to cut rates by 25 basis points in its policy meeting scheduled on October 29

Eli Lilly to buy gene therapy developer Adverum in about $262 mn deal

The deal will give Lilly access to Adverum's gene therapy candidate, Ixo-vec, and underscores the U.S. drugmaker's focus on such treatments

Reliance rushes to ship battery equipment from China before export curbs

A team from Reliance has travelled to China to speed up the work, one of the sources said

Coforge Q2 FY26 results: Net profit rises 86% to ₹376 cr, revenue up 31.7%

Consolidated net profit rose to ₹376 crore in the quarter ended Sept. 30, above analysts' average expectation of ₹371 crore, according to data compiled by LSEG

India's financial sector sees $8 billion in deals, M&As jump 127% in 2025

In May, Japan's Sumitomo Mitsui Banking Corporation (SMBC) agreed to acquire a 20 per cent stake in Yes Bank for $1.6 billion

Asian shares rise as US earnings, Trump-Xi meeting boost investor sentiment

As the US government shutdown blots out most economic data, the spotlight is on Friday's consumer price figures for signals about next week's policy meeting at the Federal Reserve

Oil jumps 5% as US sanctions target Russia's Rosneft and Lukoil

The sanctions could reduce global oil supplies since Russia was the world's second-biggest crude producer in 2024 after the US, according to US energy data

Microsoft Copilot gets collaboration, Google integration, long-term memory

Anthropic and OpenAI, among other artificial intelligence service providers, are upgrading their models and launching products aimed at capturing a wider share of the booming AI market

Putin says Russia will never bow to US pressure, warns on missiles

Putin told reporters that US and Western sanctions were an 'unfriendly' act and 'will have certain consequences, but they will not significantly affect our economic well-being'

US warns flight delays may worsen as government shutdown enters 23rd day

Air traffic control has become a flashpoint in the debate over the shutdown with both parties blaming the other. Unions and airlines have urged a quick end to the standoff

US govt shutdown has not affected consumer sentiment, says Unilever CEO

The group's underlying sales in North America grew 5.5% in the third quarter

UPS moves court to block publishers from quizzing India executive

An Indian antitrust investigation report last year found "no evidence" that FedEx, UPS, Aramex and DHL indulged in price collusion, as alleged by a book publishers' body

Asian markets retreat on potential new US trade curb against China

MSCI's broadest index of Asia-Pacific shares outside Japan was last off 0.3 per cent, while Japan's Nikkei 225 sank 1.5 per cent

Tata Tech to hire more locals in US as Trump cracks down on immigration

Pune, India-based Tata Technologies does not disclose country-specific revenue or employee count, but North America accounted for roughly a fifth of its ₹5,168 crore revenue in 2024-25

Gold extends fall as investors book profits ahead of US inflation data

On the technical front, gold is supported by the 21-day moving average at $4,005

Crude oil rises about 2% on higher US demand, trade talk optimism

Brent crude futures rose $1.29, or 2.1%, to $62.61 a barrel by 11:09 a.m. EDT (1509 GMT), while U.S. West Texas Intermediate crude futures climbed $1.34, or 2.34%, to $58.58

Meta to cut about 600 roles in Superintelligence Labs AI division

The job cuts will affect Facebook Artificial Intelligence Research (FAIR) unit, as well as teams focused on product-related AI and AI infrastructure, the company said

Lessors protest India's draft rules on payment of dues to reclaim jets

India is a key market for lessors as hundreds of new planes are on order by the likes of Air India and IndiGo

Jaguar Land Rover August hack cost UK economy $2.5 billion: Report

JLR started to resume manufacturing earlier this month after an almost six-week shutdown caused by the hack