F&O Talk: Nifty’s break above 23,450 could push index to 23,650; Sudeep Shah picks Tech Mahindra, TCS strategy

Economic Times - Oct 17, 2026

SBI Securities’ Sudeep Shah sees scope for Nifty’s recovery if it holds 22,750, with IT, private banks and media leading. He flags key resistance levels, banking earnings, improving FII flows and continued large-cap outperformance, while warning that a durable reversal remains unconfirmed.

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The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergency
Oct 17, 2026
The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergency

In March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Security Program provides $5 million annually to each of the 60 participating ships. Operators must keep vessels under the US flag and make them available during national emergencies. The program aims to maintain the availability of trained American mariners and commercial infrastructure.

CRPF mulls restoring Army ranks abolished 30 years ago; promotions, Agniveers in focus
Oct 17, 2026
CRPF mulls restoring Army ranks abolished 30 years ago; promotions, Agniveers in focus

The CRPF is considering reintroducing the lance naik and naik ranks, abolished in 1997, to address promotion delays among its 3.25 lakh personnel and attract retiring Agniveers from the Army. The move could provide constables with two additional promotion opportunities before becoming head constables.

Bail does not make Sandip Ghosh innocent, says Bengal BJP chief on RG Kar case
Oct 17, 2026
Bail does not make Sandip Ghosh innocent, says Bengal BJP chief on RG Kar case

Samik Bhattacharya stated that Sandip Ghosh's bail does not imply his innocence regarding alleged financial irregularities. He referred to widespread protests following a controversial incident at RG Kar Medical College and Hospital. The Supreme Court granted Ghosh bail after almost two years in custody, citing slow trial progress. Bhattacharya emphasized that emotions should not influence legal proceedings or public opinions.

Axis Bank Q2 Results: Net profit jumps 38% YoY to Rs 7,003 crore, NII rises 12%
Oct 17, 2026
Axis Bank Q2 Results: Net profit jumps 38% YoY to Rs 7,003 crore, NII rises 12%

Axis Bank Q2 Results: Private lender Axis Bank on Saturday reported a net profit of Rs 7,003 crore for the second quarter of FY27, marking a jump of 38% from Rs 5,089 crore posted in the corresponding quarter of the previous financial year.

India's internal security landscape has changed irrevocably: Union Home Secretary
Oct 17, 2026
India's internal security landscape has changed irrevocably: Union Home Secretary

Union Home Secretary Govind Mohan on Saturday said India’s internal security challenges have changed, with Naxalism largely ended, insurgency in the Northeast reduced and homegrown terrorism nearly over.

India's internal security landscape has changed irrevocably: Union Home Secretary
Oct 17, 2026
India's internal security landscape has changed irrevocably: Union Home Secretary

Union Home Secretary Govind Mohan on Saturday said India’s internal security challenges have changed, with Naxalism largely ended, insurgency in the Northeast reduced and homegrown terrorism nearly over.

Mohammed Shami misses out again as BCCI names India squads for New Zealand series
Oct 17, 2026
Mohammed Shami misses out again as BCCI names India squads for New Zealand series

Mohammed Shami has been left out of the Indian squad for the upcoming ODI and Test series against New Zealand. Despite strong domestic performances, he has not made the cut for the national team. Akash Deep has earned a spot in the Test squad after recovering from a lower-back injury. The Indian team will see a leadership change during the ODI series, with Shubman Gill as captain initially.

By 2023, nearly 14,000 volunteers helped count Galápagos marine iguanas in drone photos; later phases reached 91% to 92% agreement with expert counts
Oct 17, 2026
By 2023, nearly 14,000 volunteers helped count Galápagos marine iguanas in drone photos; later phases reached 91% to 92% agreement with expert counts

Thousands of volunteers contributed to counting endangered marine iguanas through drone images from the Galápagos Islands. Participants used a citizen-science platform to identify and count the reptiles in aerial photographs. Research indicated that most volunteers undercounted the animals, posing challenges for conservation efforts. The study highlighted the potential of crowd participation in wildlife monitoring despite certain limitations. Future developments may involve machine learning to enhance image analysis and accuracy.

India's internal security landscape has changed irrevocably: Union Home Secretary
Oct 17, 2026
India's internal security landscape has changed irrevocably: Union Home Secretary

The problem of technology and social media would confront the young officers and they will have to find resources to come up with creative solutions which are as per law, he said

Burma Burma owner Hunger Pangs files DRHP with SEBI
Oct 17, 2026
Burma Burma owner Hunger Pangs files DRHP with SEBI

The proposed IPO comprises a fresh issue of equity shares worth up to ₹150 crore and an offer for sale (OFS) of up to 2.79 crore shares by existing shareholders

In 2021, a North Carolina farmer struggling to expand his sheep business found 33 acres beneath solar panels; then landed a second solar grazing contract
Oct 17, 2026
In 2021, a North Carolina farmer struggling to expand his sheep business found 33 acres beneath solar panels; then landed a second solar grazing contract

Alex Greer strategically utilized a program that links farmers with solar developers to enhance his sheep business. By securing grazing contracts across 38 acres in Asheboro and Rowan counties, he faced hurdles like controlling vegetation and installing predator-proof fencing. Interestingly, studies indicate that sheep grazing can bolster soil health and remain financially viable compared to mechanical mowing over time. Greer's journey exemplifies the promising intersection of solar farming and agriculture.

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