FINANCIAL SERVICES PARTNERSHIPS INDIA
These 8 banking stocks have an upside potential of up to 29% in 1 year, according to analysts
For the last two years, one sector where actual performance has been better than expected has been banking. Yes, there were exceptions among small finance banks. But the question now is: Will the situation remain the same given that there are many emerging challenges?
Govt looks to widen coverage of Index of Services Production, invites feedback
MoSPI began compiling the ISP on a monthly basis for the formal services sector on a trial basis in July 2026. The exercise uses 2024-25 as the base year and was designed to provide a higher-frequency measure of services-sector performance.
Karnataka govt partners with ElevenLabs to explore voice AI for citizen services
The partnership will focus on developing a voice AI safety framework, exploring applications for government services and using AI-powered voice restoration for eligible citizens, the state government said in a statement.
Trev plans 2,500-vehicle premium EV fleet by 2031, raising $2 million
Aiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mobility is in the process of raising $2 million, having almost reached $1 million in funding thus far. With its fleet comprising deluxe electric vehicles, Trev offers distinct services outside mainstream ride-hailing markets.
Indian businesses must focus on BIMSTEC beyond traditional markets
A conference on business opportunities in BIMSTEC countries took place in Delhi. Indian businesses learned about potential partnerships for trade, investment, and technology. Senior diplomats from BIMSTEC member states shared insights regarding economic cooperation. Ambassador Rudrendra Tandon emphasized the need for enhanced connectivity and collaboration among BIMSTEC members. Around 80 representatives from Indian industry attended to discuss areas of cooperation and engagement.
Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General Atlantic
Commerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the country's regulatory reforms and demand for services, especially in the insurance sector. Goyal met with executives from AIA Group, MetLife, General Atlantic, and IBM to discuss growth opportunities. He emphasized the importance of India's technology talent pool for future collaborations.
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India's services sector growth at 3-month high, but quarter weakest since 2022, PMI shows
India’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger domestic demand. However, quarterly growth was the weakest since early 2022, reflecting softer hiring and exports. Manufacturing gains lifted the Composite PMI to 55.9, signalling a moderate recovery.
Greater opportunities to expand bilateral trade, investment between India, Switzerland: President Murmu
President Droupadi Murmu welcomed Swiss President Guy Parmelin, emphasizing the historic EFTA Trade and Economic Partnership Agreement. They discussed expanding bilateral cooperation in various sectors, including clean technology and artificial intelligence. Key agreements were signed to promote migration, mobility, and cooperation in nuclear energy and defense.
Piyush Goyal steps up US outreach, pitches India to global investors for deeper investment ties
Union Commerce and Industry Minister Piyush Goyal held meetings with top executives from prominent investment firms and consumer companies. He discussed investment opportunities and partnerships with Blackstone, Neuberger Berman, and The Estee Lauder Companies. The discussions included India's manufacturing, sourcing, and its growing beauty and personal care market. Goyal's engagement aimed to strengthen investment linkages and explore further business opportunities.
From 95% imports to Rs 6.27 lakh crore in smartphone output: Jyotiraditya Scindia on India's mobile manufacturing growth
India's mobile phone manufacturing sector has grown from two companies to 300 over the last 12 years. The country now produces smartphones valued at ₹6.27 lakh crore, a remarkable increase from ₹20,000 crore. Broadband users have surged from 60 million to over 1 billion in the same period. India has developed its own 4G technology that supports over 1 lakh towers.
'Great achievements already made': Swiss President Parmelin on India-EFTA trade pact's first year
The India-European Free Trade Association Trade and Economic Partnership Agreement has been effective since its implementation a year ago. Swiss President Guy Parmelin stated that strong interest from companies has been evident in various sectors. This agreement is expected to significantly enhance bilateral trade and attract long-term investment. Additionally, Switzerland seeks to strengthen cooperation in business and technology during the President's current visit.
Finmin to meet heads of banks on Tuesday to review progress of financial inclusion scheme
A meeting involving bank heads is scheduled for Tuesday to assess the progress of financial inclusion schemes. Key initiatives include Pradhan Mantri Jan Dhan Yojana and Pradhan Mantri Mudra Yojana, which support small enterprises. Other schemes such as PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana offer insurance coverage for different age groups. The StandUp India Scheme focuses on empowering SC, ST, and women borrowers.
GST relief on cards for ecomm sellers; AceVector's weak debut
The GST Council is expected to consider easing compliance for small ecommerce sellers. This and more in today’s ETtech Top 5.
Anthropic enables local inferencing in India for Claude AI via Amazon Bedrock
Claude Opus 5, Sonnet 5, and Haiku 4.5 are now available with in-country inference through an India endpoint on Amazon Bedrock, the company said on Monday.
India, Switzerland sign migration pact, expand trade, investment and defence ties
India and Switzerland have signed a migration and mobility partnership pact and expanded market access for Indian exports. Prime Minister Narendra Modi and Swiss President Guy Parmelin discussed deepening cooperation in nuclear energy and defence. Both nations aim to boost bilateral trade and investment ties following the recent Trade and Economic Partnership Agreement. New opportunities will also emerge for Indian students and professionals in Switzerland through the agreements.
PM Modi, Swiss President Parmelin hold talks to deepen trade, investment and tech ties
Prime Minister Narendra Modi welcomed Swiss President Guy Parmelin for talks to enhance bilateral relations. Discussions focused on trade, investment, mobility, and critical technologies between the two countries. Parmelin's visit included a ceremonial reception followed by tributes at Rajghat. External Affairs Minister S Jaishankar also met with Parmelin to discuss strengthening the India-Switzerland partnership. An official banquet will be hosted by President Droupadi Murmu in honor of Parmelin.
SCI to help India achieve ambition of becoming top shipping nation: Sonowal
India's Union Minister Sarbananda Sonowal emphasized the importance of domestic shipbuilding at the Shipping Corporation of India's anniversary. The company is expected to see its Profit After Tax surpass Rs 2,000 crore this fiscal year. Sonowal called on SCI to play a key role in achieving the national goal of self-reliant shipbuilding by 2047.
India, US discuss advancing security partnership, maritime cooperation in Indo-Pacific
EAM S Jaishankar met Admiral Samuel J. Paparo to advance security partnerships and maritime cooperation. They discussed shared security priorities and digital transformation focusing on regional stability. Paparo's visit reinforces the Major Defense Partnership between the US and India. Earlier, General Dhiraj Seth also engaged with Lieutenant General Joel B. Vowell regarding the Indo-Pacific security landscape. Both meetings emphasized enhancing military collaboration through joint training and military exercises.
Singhania family’s JKC Sports plans ₹150 crore sports infrastructure expansion
JKC Sports intends to invest ₹100 to ₹150 crore in sports infrastructure and technology over four years. The venture has already invested a similar amount in its initial phase over the last four years. It owns various sports franchises and is involved in developing new sporting IP. JKC Sports evaluates opportunities in multiple disciplines including cricket, bridge, and wrestling.
Indian Super League gets title sponsor after three seasons, ties up with JSW MG Motor India
The Indian Super League has secured JSW MG Motor India as title sponsor for the 2026-27 season, ending a three-season gap without a title partner. The league will be renamed the MG Indian Super League as it begins a club-led commercial era, with 13 teams returning to a full home-and-away format.
From Bhubaneswar classrooms to ICICI Life’s corner office: Who is Sidharatha Mishra
Who is Sidharatha Mishra, the veteran who will take over as the COO and CEO of ICICI Life Insurance soon? He has spent nearly three decades at ICICI Bank, progressing through various roles including branch manager and digital operations head. His appointment follows Anup Bagchi's departure after significant contributions over three years. Mishra's background in retail banking and digital channels will aid his leadership transition.
TCS to take over Best Buy's India GCC under multiyear deal
Tata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the financial aspects and employee count remain private, this move aims to transform the centre into an AI-driven engine, optimizing operations and AI integration. The collaboration seeks to synchronize Best Buy's requirements with TCS's technological and retail know-how, potentially establishing a valuable framework for the retail sector as well.
The future of Ai in India: A Nobel Laureate’s perspective
The Surfin Ai Fintech Summit's seventh global edition showcased advancements in intelligent finance and AI-driven customer solutions. Esteemed speakers, including Nobel Laureate Michael Spence and Dr. Amar Patnaik, underscored the concept of principles preceding laws in AI governance. Discussions revolved around AI's role in improving financial accessibility and personalized services for varied clientele.
EaseMyTrip joins Apple Pay India launch to offer faster, seamless booking payments
EaseMyTrip has announced its partnership with Apple Pay to improve the payment process for its users. This collaboration aims to provide faster and more secure payment options during travel bookings. Customers can now complete their bookings without repeatedly entering payment details, enhancing convenience. Apple Pay officially launched in India recently, marking a significant development for online payments.
Stocks in news: Infosys, HDFC Bank, Jio Financial, IRFC, NCC and Blue Dart
Indian equity benchmarks experienced a decline over two sessions due to profit booking and rising oil prices. The Nifty 50 index closed down by 95.75 points, reaching 22,620.45. Jio Financial Services and Allianz Europe B.V. have invested in their joint venture for business operations. Infosys has expanded its partnership with ABN AMRO for AI-driven transformation initiatives.
Agriculture sector binds India-Argentina partnership
Argentine Ambassador Mariano Caucino highlighted the growing economic relationship between Argentina and India during a summit in Mumbai. Agriculture, particularly edible oils, serves as a core area of cooperation between the two countries. Argentina is experiencing record supplies of edible oils, significantly contributing to India's food security. In 2025, exports of soybean oil and sunflower products to India are expected to increase substantially.
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance deal
Competition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The stake will be purchased from private equity company Warburg Pincus. The insurance firm said step in its international growth and diversification strategy and strengthens its presence in India. In a separate deal, CCI authorised Crystal Crop Protection Ltd to acquire FMC India Pvt Ltd.
PwC India appoints Rajan Pental as financial services sector leader
PwC India has appointed Rajan Pental as the new Financial Services Sector Leader to drive growth. He will lead initiatives aimed at boosting demand and collaborating within the firm. Pental brings over 35 years of experience from prominent financial institutions in India.
October Horoscope 2026: 3 zodiac signs could attract more money but not in the way they expect
October 2026 could bring a financial turning point for three zodiac signs. Venus and Mercury are both retrograde during the month. In astrology, these periods can bring old opportunities back into focus. For these three signs, money and success could become important themes.
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