GROWTH RATE
Digital lenders clock 40-50% revenue growth as credit demand surges
Digital lender Kissht's revenue from operations rose 44.7% year-on-year to Rs 732 crore, while Moneyview reported 41% growth to Rs 1,120 crore. MobiKwik's financial services revenue increased 41.8% to Rs 87 crore, while Paytm's financial services distribution revenue grew 49.3% to Rs 912 crore.
AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan
Highlighting the exchange's digital initiatives, Chauhan announced major technological upgrades aimed at improving the experience of the country's growing retail investor base.
Poverty low, expectations high: India’s next challenge is creating jobs and driving reforms
Poverty rates in India have decreased remarkably, with expectations rising for future economic prosperity and growth. Initiatives like Direct Benefit Transfer and Swachh Bharat Mission have significantly improved living conditions. However, while the government has driven welfare improvements, job creation remains the role of entrepreneurs.
Buying gold this Dhanteras: Gold price down by 18% from record high, can it recover to January peak next year?
Dhanteras Gold Price return: Gold rates have seen a sharp decline after scaling to a record high earlier this year, resulting in varied investment outcomes. With Dhanteras on the horizon, many buyers are hopeful for profits despite the market's fluctuations. Experts recommend a cautious approach, favouring staggered purchases over lump sum investments. Looking ahead, price predictions suggest that global economic factors will play a significant role in shaping future gold values, making it crucial for investors to stay informed.
IPO-bound BRND.ME’s Villain enters new category to tap a multi-billion fragrance market
BRND.ME is diversifying its Villain fragrance brand into the unisex market. The release of two new Eau de Parfums, named Muse and V-Code, marks a significant milestone in meeting the preferences of the younger Gen Z audience that favors inclusive scents. Supported by strong distribution and a powerful online presence, this expansion signifies BRND.ME's ambitious plans for an IPO and further global reach.
Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group says
Anthropic invited researchers from the Berkeley, California-based nonprofit, Model Evaluation and Threat Research, to review its internal data and interview staff as it prepares for its Wall Street debut with debate swirling over the potential for AI models to elude human control with catastrophic consequences.
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There is a wider acceptance of hybrid capital with the lack of options beyond bank lending: Bain Capital’s Sarit Chopra
Special Situations team of the Boston based PE group has deployed $1.2 bn in CY26; aims at $1 bn/yr momentum. From funding cross border M&As by India Inc to carve outs or helping promoter’s deleverage their balance sheets, new opportunities are mushrooming.
LG Electronics shares jump 8% to 52-week high after Q2 results. Jefferies retains Buy, retains target price
LG Electronics India shares surged to a 52-week high after strong Q2FY27 results, with Jefferies retaining its Buy rating and Rs 1,950 target price. The brokerage expects 21% EPS CAGR through FY29, driven by premiumisation, capacity expansion and new business opportunities.
US midterm elections: What a Democratic Congress could mean for Indian H-1B visa holders
The potential shift towards a Democratic majority in Congress may reshape the discourse on immigration law. Nevertheless, specialists indicate that immediate adjustments for Indian tech workers concerning H-1B visas are improbable. The lingering impact of the previous administration on immigration policy remains prominent.
Modi says 500 million people lifted out of extreme poverty in 10-12 years, cites World Bank report
Prime Minister Narendra Modi said India has lifted 500 million people out of extreme poverty over the past 10-12 years, citing a recent World Bank report. Speaking after virtually inaugurating Pune Metro Line 3, he linked economic growth and poverty reduction to infrastructure investment, direct benefit transfers and job creation.
BSE shares jump 4% after Q2 results. Here’s what Bernstein, Motilal, others are saying
BSE shares rose sharply after the exchange reported a 44.9% year-on-year increase in Q2FY27 net profit to Rs 809 crore. Motilal Oswal maintained its Buy rating, Bernstein retained Underperform, while Nuvama continued with Hold. Here's what the three brokerages said about BSE's earnings and growth outlook.
Midterm results may slow US visa curbs, but no quick relief likely for IT
The opposition party’s takeover of both chambers of US Congress is expected to bring greater scrutiny of the administration’s policy decisions, potentially slowing further restrictions, industry experts told ET. However, any improvement in sentiment is unlikely to translate quickly into higher hiring or technology spending.
Hawaii introduced black wattle as a forestry tree; it escaped cultivation and now chokes about 3,000 acres of Maui pasture, gulches, and empty lots
Black wattle has become a formidable invasive force in Hawaii, spreading rapidly beyond its initial planting zones into the island's treasured native ecosystems. This explosive growth is transforming open pastures into impenetrable thickets, effectively pushing out native plant species. With seeds that can lie dormant for extended periods, the challenge of management and restoration is heightened.
Sensex jumps 383 points, Nifty closes above 23,950 as benchmark indices scale 2-month highs. What lies ahead?
The Indian stock market has surged, with both Sensex and Nifty climbing to their highest points in two months. As investors keep a keen eye on outcomes from the US midterm elections, which could influence international exchanges, major sectors such as Realty and FMCG have thrived. There's a marked increase in buying from foreign institutional investors, suggesting renewed confidence in large-cap stocks.
Lindt investors seek board shake-up at chocolate maker after CEO ouster: Report
Influential investors of Lindt & Spruengli are calling for changes in the board following the CEO's ousting. The company faced significant pricing missteps that negatively affected the stock value and market share. Shareholders expressed concerns regarding the current board's effectiveness and the need for fresh perspectives. While the search for a new CEO is underway, governance issues persist that require attention.
SBI share price target: Jefferies, Motilal, others see up to 34% upside in state lender. Buy, sell or hold?
State Bank of India has seen a remarkable 15% increase in profits year-on-year, totaling Rs 23,038 crore for the second quarter. With a loan book surpassing Rs 52 lakh crore and a 10% rise in interest income, brokerages have set optimistic Buy ratings on SBI shares, suggesting target prices between Rs 1,225 and Rs 1,350. Despite this positive outlook, management highlighted possible obstacles from macroeconomic shifts and potential treasury losses.
R&D-focused stocks deliver over 23% annualised returns in five years, outperform NSE 500: Monarch AIF
Indian companies increasing R&D spending outperformed the NSE 500 TRI over five years, delivering 23.5% average annualised returns. Businesses combining strong research growth with higher R&D intensity achieved 32.5%, highlighting innovation's growing importance for investors.
Only 3.2% of working Indians trade stocks. Why Morgan Stanley likes NSE
Morgan Stanley has initiated coverage of NSE with an overweight rating and a price target of Rs 2,315, citing its dominant market share, strong liquidity and India’s underpenetrated capital markets. The brokerage expects revenue and normalised profit to grow at 15% annually between FY27 and FY29. It sees long-term growth opportunities but flags regulatory changes and market-share losses as key risks.
FPI holding hits multi-year lows in 70% of top 100 Indian companies
Foreign investors have significantly reduced their holdings in nearly 70% of India's leading companies in recent years. Major firms, including banks and IT sectors, are seeing foreign ownership decline to multi-decade lows. This decrease in foreign investments mirrors diminished expectations for growth in India relative to other global markets. Although some companies experience slight increases in foreign ownership, they still remain at historical lows.
US manufacturing strengthens in October, input prices stay high
US manufacturing activity accelerated in October, with the ISM manufacturing PMI rising to 55.5 from 54.5 in September, beating Reuters-polled economists' expectations. Strong consumer and AI-related business spending supported growth, but factory input prices remained elevated at 75.2, reinforcing concerns that US inflation could stay above the Federal Reserve's 2% target.
Mindspace REIT leases 1.6 million sq ft in Q2, NOI rises 31.9%
The Real Estate Investment Trust (REIT) has also leased around 0.6 million sq ft at its newly acquired Chennai assets since acquisition. A large transaction covering around 0.5 million sq ft was signed at One Radial with a European banking, financial services and insurance (BFSI) global capability centre (GCC).
Global Market Today: Asian shares bend under AI stress; Apple earnings loom
Concerns about negative cash flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults blow out last week, while gold hit a one-year low amid talk stressed investors were selling to raise money for margin calls.
India’s medicine sales grow in double digits for four straight quarters, led by chronic care drugs
Over the past four quarters, India's medicine sales have increased significantly due to rising demand in chronic care segments. The growth rate reached 12% year-on-year in the September quarter, showing a positive trend in the industry. Larger pharmaceutical companies have benefited from the shutdown of many non-compliant smaller units. Budgets were also boosted by a reduction in GST on medicines.
Arizona researchers separated plant roots by a 3 mm gap, then added fungus; it carried water between the plants and helped connected plants grow more than grew twice as much
A team from Northern Arizona University has made significant strides in understanding plant-fungal dynamics through an innovative experiment. They found that dark septate endophytes are capable of linking isolated plants and facilitating water transfer, leading to improved growth compared to those without fungal support. These findings underscore the crucial role of fungi in plant resilience, suggesting new approaches for the preservation of vital ecosystems.
Thinking of moving for a better job? These 10 US states offer the strongest employment opportunities in 2026
Best and worst states for jobs in the US: Moving to another state for work can be a big decision. A higher salary may look attractive, but job security, living costs, employee benefits and daily travel also matter. A new WalletHub study has compared all 50 US states to find out where workers have the best and worst employment opportunities in 2026.
Amazon's biggest cash burn in history: Why $42 billion vanished in just a year?
Amazon has reported the record losses of $42.4 billion free cash flow deficit in the last 12 months ending on September 2026 as spending on artificial intelligence (AI) and cloud infrastructure has increased. The capital expenditure of the company has reached $77.3 billion in the third quarter. Despite this, Amazon Web Services saw a 39% increase in revenues to $46 billion.
Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage play
By the close of September, loans against fixed deposits experienced a striking 53% year-on-year spike, reaching Rs 2.17 lakh crore. The demand for gold loans soared to an astonishing 82.6% increase, showcasing robust customer interest throughout India. Personal loans appreciated by 17.3%, hitting Rs 74.3 lakh crore, complemented by growth in agricultural and industrial credits. Overall, the banking sector reported a 19.4% expansion in total credit, amounting to Rs 229.
US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boom
The US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-related business investment despite higher oil prices linked to the Middle East conflict. The robust growth contrasts with weak consumer sentiment and comes as the Federal Reserve keeps interest rates unchanged.
Snowflake and Databricks CEOs debate growth and AI; reactions follow
Sridhar Ramaswamy of Snowflake voiced concerns on social media questioning Databricks’ impressive 80% growth rate. He sought clarity on crucial aspects like free cash flow, obligations, and adjusted margins. In response, Databricks CEO Ali Ghodsi acknowledged their competitive dynamics while suggesting a collaborative potential. This dialogue sparked varied reactions, underscoring the complexities of financial disclosures. Ramaswamy also advocated for unified regulations on artificial intelligence across various models and entities.
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