India's 'cockroach' movement founder arrested after detention, media reports say

The Hindu Business Line - Oct 17, 2026

Dipke was arrested to prevent a breach of the peace and will be called before a Special Executive Magistrate on ‌Saturday

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The conglomerate has reached out to most of its nearly 420,000 employees across all group companies, encouraging them to consider investing in the $3.2 billion IPO

IT lifts Nifty to second weekly gain as global AI rotation fuels tech rally
Oct 16, 2026
IT lifts Nifty to second weekly gain as global AI rotation fuels tech rally

Nifty 50 closes at 23,146.15, up 148.80 points or 0.65% for the session, while Sensex ends at 74,729.27, adding 413.66 points

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Oct 16, 2026
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By reversing the administrator’s 2020 write-down of about ₹8,415 crore in AT1 securities, recovery now looks likely, prompting funds like Nippon India and Kotak Mahindra to pause new subscriptions

Sitharaman pitches rupee mechanism to bridge global forex crunch, trade disruptions
Oct 16, 2026
Sitharaman pitches rupee mechanism to bridge global forex crunch, trade disruptions

Settlements in rupees could help countries sustain trade despite forex squeezes, while signalling optimism on a new India-US trade accord

Ahead of festival season, mutual funds halt fresh investments into gold FoF
Oct 16, 2026
Ahead of festival season, mutual funds halt fresh investments into gold FoF

Nearly 17 fund houses have stopped fresh investment in gold Fund of Funds (FoF) which in turn invests in MF schemes

‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala Sitharaman
Oct 16, 2026
‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala Sitharaman

Nirmala Sitharaman expressed optimism regarding the speedy conclusion of the India-US trade agreement during her recent interaction. She highlighted challenges in trade relations with China due to non-tariff barriers causing problems for Indian exporters. The Finance Minister advocated for promoting rupee-denominated trade settlements to assist nations experiencing hard currency shortages. Sitharaman emphasized the importance of public investment in infrastructure to bolster economic growth despite global disruptions.

From Operation Sindoor to ADAS: Tonbo Imaging takes battlefield technology to civilian applications
Oct 16, 2026
From Operation Sindoor to ADAS: Tonbo Imaging takes battlefield technology to civilian applications

Tonbo Imaging is leveraging its advanced military imaging systems to enhance road and railway safety as it prepares for a major IPO

SEBI’s saptapadi to a more robust SME market
Oct 16, 2026
SEBI’s saptapadi to a more robust SME market

The tweaks could spark more investors to join early-stage growth stories, while keeping risk in check

HDFC Mutual Fund lists FTSE India Equity ETF on NSE
Oct 16, 2026
HDFC Mutual Fund lists FTSE India Equity ETF on NSE

It covers approximately 90% of the market capitalisation of the FTSE India All Cap Index, offering investors broad exposure to Indian equities through a rules-based, passive investment strategy

L&T-built INS Samarthak commissioned into Indian Navy, marking a milestone for private shipbuilding
Oct 16, 2026
L&T-built INS Samarthak commissioned into Indian Navy, marking a milestone for private shipbuilding

INS Samarthak is capable of undertaking maritime surveillance and reconnaissance, offshore patrolling, and humanitarian assistance and disaster relief operations

Altimetrik launches PharmaOS AI platform for life sciences sector in Hyderabad
Oct 16, 2026
Altimetrik launches PharmaOS AI platform for life sciences sector in Hyderabad

The new facility will support AI-driven workflows across drug discovery, clinical development, pharmaceutical manufacturing, patient engagement and care delivery

US bond 10-year yields suffer biggest weekly drop in over year. Why is treasury note down?
Oct 16, 2026
US bond 10-year yields suffer biggest weekly drop in over year. Why is treasury note down?

US bond yield on the benchmark US 10-year Treasury note was unchanged at 5.087 per cent after earlier rising to 5.1334 per cent. The yield on the 30-year bond rose 0.5 basis point to 5.433 per cent after trading earlier at 5.464 per cent.

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