FPI exits from Indian markets hit all-time high on tariff and earnings fears
Selling persisted on Tuesday, September 30, with a net outflow of $262 million, provisional exchange data showed.
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HUDCO sanctions ₹92,710 crore loans, disbursements up 44% in Q2
The company said that against total loan sanctions of ₹1,27,952 crore achieved during the financial year 2024-25, it has recorded loan sanctions of ₹92,709.60 crore (provisional, subject to audit) for the half year ended September 30, 2025. Shares of Housing…
Gold could hit $4,300 per ounce by end of 2026 driven by central bank purchases: Goldman Sachs
Central banks are driving gold prices higher, with purchases hitting record levels and supporting a rally that could take the metal above $4,000 per ounce by next year. Analysts say silver could also see gains if investors shift from gold,…
Stocks to Watch: Lupin, RITES, ICICI Lombard and more
Indian Overseas Bank faces an RBI penalty on PSL norms, New India Assurance contests a ₹2,379 crore GST demand, and Lupin receives US FDA approval for its pediatric anticoagulant. In other updates, OIL and GAIL sign a gas collaboration MoU,…
ED conducts surveys at Reliance Infrastructure premises, say sources
Reliance Infrastructure clarified that the matter relates to an issue dating back 15 years. In 2010, the company awarded an EPC contract for the Jaipur–Ringus Highway (JR Toll Road) to Prakash Asphaltings & Toll Highways, a domestic contract with no…
Suryoday Small Finance Bank receives ₹314 crore claim under CGFMU Scheme
The claim, raised earlier, was fully settled on September 30, 2025. The bank clarified that the claim received under the CGFMU Scheme is in the ordinary course of business. Shares of Suryoday Small Finance Bank Ltd ended at ₹134.75, up…
ICICI Lombard receives ₹1,901 crore GST demand for July 2017–March 2022, plans appeal
The company clarified that the order has no impact at this stage on its financial position or operations. It also noted that there are no non-compliances identified beyond the matters mentioned, and the communication does not involve any litigation against…
Sahara seeks SC’s nod, exemption from probe to sell 88 properties to Adani
Sahara seeks Supreme Court approval to sell 88 Amby Valley properties to Adani Properties and requests exemptions from regulatory and criminal probes. The plea also seeks to vacate any existing attachments or injunctions on the assets.
Asheesh Pandey takes charge as MD & CEO of Union Bank of India
Asheesh Pandey most recently served as executive director at Bank of Maharashtra for nearly four years, where he oversaw corporate credit, treasury, and the rollout of digital lending and automation initiatives.
CCI approves Jindal Power’s bid for Jaiprakash Associates amid insolvency proceedings
The Competition Commission of India has given in-principle approval to Jindal Power for acquiring debt-ridden Jaiprakash Associates, pending the ongoing insolvency proceedings. The move allows Jindal Power to submit its resolution plan to the Committee of Creditors amid a ₹57,185…