News That Matters
Author: Crazyrites Editorial TeamDate: October 17, 2026 Introduction The Global Bond Selloff Inflation Impact has become an important topic for financial markets after European Central Bank (ECB) President Christine Lagarde warned that rising borrowing costs could slow economic growth and reduce inflation in the eurozone. Her comments came on October 17, 2026, during the International…
Date: October 16, 2026Author: Crazyrites Editorial Team Introduction Bajaj Housing Finance has reported strong financial results for the second quarter of the financial year 2026–27, supported by higher income and continued growth in its lending business. The company’s net profit increased by 17.7% year-on-year to ₹756.97 crore for the quarter ended September 30, 2026, compared…
Date: October 16, 2026Author: Crazyrites Editorial Team Introduction India’s banking sector has reached an important milestone after the Reserve Bank of India (RBI) approved the merger of Dubai-based Emirates NBD Bank’s Indian branches with RBL Bank. The change will take effect on December 1, 2026, bringing the foreign bank’s three Indian branches under RBL Bank’s…
Date: October 16, 2026Author: Crazyrites Editorial Team Introduction India’s foreign exchange reserves recorded another significant decline, falling by $8.58 billion during the week ended October 9, 2026. According to data released by the Reserve Bank of India (RBI) on October 16, the country’s total reserves stood at $726.03 billion. The latest figures have drawn attention…
Date: October 16, 2026Author: Crazyrites Editorial Team Introduction The Indian stock market ended higher on Friday, October 16, 2026, as buying in information technology (IT) shares helped major indices extend their recovery for a second consecutive session. The Sensex rally added fresh confidence to the market, with the BSE Sensex gaining around 414 points and…
Date: October 15, 2026Author: Crazyrites Editorial Team Jio Platforms is putting its technology strength at the centre of its growth story ahead of its much-awaited initial public offering (IPO). Akash Ambani, chairman of Reliance Jio, has revealed that the company has filed more than 7,220 patent applications, highlighting its growing focus on research, innovation and…
Date: October 15, 2026Author: Crazyrites Editorial Team Jio Platforms IPO price band: Jio Platforms has announced the price band for its much-awaited initial public offering (IPO), bringing one of India’s biggest stock market events closer to launch. The company has fixed the price between ₹1,065 and ₹1,119 per share, and the public issue will open…
Date: October 15, 2026Author: Crazyrites Editorial Team Indian stock markets recorded a powerful recovery on Thursday as the Sensex surged more than 1,500 points and the Nifty 50 moved close to the 23,000 mark. Strong buying in information technology (IT) and private banking shares helped improve investor confidence after a period of market weakness. The…
Date: October 14, 2026Author: Crazyrites Editorial Team Introduction Indian software company Zoho Corporation has announced that employees will not receive their usual annual salary increases in 2026, as rising artificial intelligence (AI) costs and an uncertain business environment put pressure on company spending. The decision, shared by co-founder and chief scientist Sridhar Vembu on October…
Date: October 14, 2026Author: Crazyrites Editorial Team Introduction India’s digital payments sector has received an important update ahead of the festive season. The UPI Merchant Charge Delay means that the proposed Merchant Discount Rate (MDR) on selected Unified Payments Interface (UPI) merchant transactions will not begin on October 15, 2026, as initially planned. Instead, the…
