Section
23 pieces
Oil marketing companies have dropped sugarcane juice, sugar syrup and B-heavy molasses from the 2026-27 ethanol tender, citing a government direction, and lowered the maize ethanol price by 3 rupees per litre.
Mumbai International Airport Ltd dropped a plan to cut 265 weekly international departure slots from October 25 after airlines objected. Airlines say they have not agreed to any move to Navi Mumbai.
ICICI Bank reported July-September results on October 17: standalone profit up 20.1% and net interest income up 17.7%, with net interest margin lower than in the previous quarter.
India's largest private bank reported its September-quarter results on October 17, in the last quarter under its outgoing chief executive. A deputy managing director also asked to leave at year-end.
The Supreme Court upheld a ruling that Yes Bank's 2020 write-down of AT-1 bonds was invalid. The bank says reinstating them would cut its core capital ratio by 250 basis points.
Indian carriers have repeatedly lengthened their suspensions of flights to Saudi Arabia, citing security concerns after Houthi attacks on Riyadh's airport and other Saudi sites.
Jio Platforms' managing director said the company will focus on mobile upgrades, home broadband and enterprise services. The figures in the reports are company statements.
Speaking in Bangkok, India's finance minister said the trade balance with China is worsening fast and that India prefers talks to retaliation. The reports give a deficit above $100 billion.
Elon Musk blamed Mukesh Ambani and other oligarchs for Starlink's missing India licence. Reliance and the communications ministry reject that; no report shows who is right.
India's commerce minister said the first phase of the trade agreement with the United States is settled and being drafted into legal text. A senior US diplomat said the main items are done.
Brad Smith told Politico the administration's suspension of eight firms from the PERM program rests on inaccurate claims. The reports carry no White House reply.
An Emirates senior vice-president said missing catering and cargo facilities make a shift hard. Unnamed NMIA sources told one outlet the airport already handles cargo and has a scalable inflight kitchen.
The Finance Ministry changed the windfall levies on fuel exports: petrol goes from Rs 0.5 to Rs 2.5 a litre, diesel from Rs 16 to Rs 8.5, and ATF stays at Rs 10.5.
Goods exports were $44.4 billion in September, up 23.04% from a year earlier, while the trade deficit was lower than a year ago but higher than in August, according to government data.
The government and LIC will sell a combined 60.72% stake at ₹81 a share. An IDBI officers' and employees' forum opposes it, and RBI and competition approvals are still needed.
Wholesale price inflation was 11.39% in September against 9.92% in August, led by fuel, food and manufactured goods, according to commerce ministry data released October 14.
NPCI said the 0.4% merchant fee on larger UPI payments, due October 15, will start after Diwali. The reports describe who pays, which payments are exempt, and what is still undecided.
The IMF's October World Economic Outlook puts India's growth at 7% for both 2026-27 and 2027-28, while global growth is projected at 3.1% in 2026 and the outlook is described as more fragile.