RBI’s forex swaps create opening for Indian firms to tap dollar funding at lower cost

The Hindu Business Line - Oct 1, 2026

Banks are approaching corporate borrowers with structures in which a rupee loan, commercial paper or non-convertible debenture is ‌combined with a dollar-rupee cross-currency swap

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Asian Games 2026: Team India registers record 11th 100-plus run win in men's T20I
Oct 1, 2026
Asian Games 2026: Team India registers record 11th 100-plus run win in men's T20I

India secured a record 124-run victory over Sri Lanka in the semifinal of the Asian Gamers tournament. Ishan Kishan's 80 runs helped India post a total of 169 runs while batting first. Sri Lanka struggled significantly, finishing their innings with just 45 runs after 9.5 overs. Jasprit Bumrah, Axar Patel, and Abhishek Sharma led the Indian bowling attack effectively. This match set multiple records for both teams in T20I history.

Delhi High Court grants bail to pro-ISIS group member in UAPA case
Oct 1, 2026
Delhi High Court grants bail to pro-ISIS group member in UAPA case

The Delhi High Court granted bail to Mohd Shahzal Kamal, an alleged member of a pro-ISIS group 'Harkat-ul-Harb-E-Islam,' in a case Unlawful Activities (Prevention) Act (UAPA). According to the National Investigation Agency (NIA), Kamal and the other co-accused entered into a criminal conspiracy to commit terrorist acts and wilfully abetted in providing funds for "jihadi activities" to the pro-ISIS group. He was arrested on August 31, 2021 in the NIA case registered in 2018

Delhi High Court grants bail to pro-ISIS group member in UAPA case
Oct 1, 2026
Delhi High Court grants bail to pro-ISIS group member in UAPA case

The Delhi High Court granted bail to Mohd Shahzal Kamal, an alleged member of a pro-ISIS group 'Harkat-ul-Harb-E-Islam,' in a case Unlawful Activities (Prevention) Act (UAPA). According to the National Investigation Agency (NIA), Kamal and the other co-accused entered into a criminal conspiracy to commit terrorist acts and wilfully abetted in providing funds for "jihadi activities" to the pro-ISIS group. He was arrested on August 31, 2021 in the NIA case registered in 2018

Christa Pike survived two lethal injection doses: Will the death penalty be postponed or will Tennessee try again soon?
Oct 1, 2026
Christa Pike survived two lethal injection doses: Will the death penalty be postponed or will Tennessee try again soon?

Christa Pike was convicted of killing 19-year-old Colleen Slemmer in Knoxville in 1995. Pike was 18 at the time. Prosecutors said Slemmer was taken to a wooded area, where she was tortured and killed.

Today’s Gold Rate in India October 1: Gold prices down in Delhi, Mumbai, Kolkata, Chennai, Bengaluru
Oct 1, 2026
Today’s Gold Rate in India October 1: Gold prices down in Delhi, Mumbai, Kolkata, Chennai, Bengaluru

22, 24 carat Gold prices down across metro cities on October 1

Sensex, Nifty fall; auto, metals lead declines as FII outflows cross ₹26,000 cr
Oct 1, 2026
Sensex, Nifty fall; auto, metals lead declines as FII outflows cross ₹26,000 cr

The selloff came despite softer crude oil prices, with WTI crude trading in the $89–$90 per barrel range, down 0.79 per cent on the day, after retreating from an intraday high of $90.69.

Gas maker Inox Air Products files IPO papers with Sebi, public issue to entirely comprise OFS
Oct 1, 2026
Gas maker Inox Air Products files IPO papers with Sebi, public issue to entirely comprise OFS

Inox Air Products has filed IPO papers with Sebi for an issue entirely comprising an OFS of 7.7 crore shares, with no fresh issue component. The industrial and medical gas maker reported a 4% rise in FY26 net profit to Rs 914 crore and 9% growth in revenue to Rs 3,034 crore.

Today’s Gold Rate in India October 1: Gold prices down in Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur
Oct 1, 2026
Today’s Gold Rate in India October 1: Gold prices down in Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur

22, 24 carat Gold prices down across other cities on October 1

Ohio minimum wage to rise 3.5% to $11.40 in 2027; Walmart, Olive Garden among brands facing new wage rule
Oct 1, 2026
Ohio minimum wage to rise 3.5% to $11.40 in 2027; Walmart, Olive Garden among brands facing new wage rule

Ohio's minimum wage for non-tipped employees will increase to $11.40 per hour from January 1, 2027. Tipped employees will see their minimum wage rise to $5.70, with tips being additional. This increase is part of a constitutional requirement linked to inflation rates. Businesses with annual gross receipts over $420,000 will be affected by this wage adjustment. The increase reflects the Consumer Price Index change over the previous year, as reported.

Infosys shares recover from 52-week low after ABN AMRO deal extension
Oct 1, 2026
Infosys shares recover from 52-week low after ABN AMRO deal extension

At around 12.56 pm, the stock was trading at ₹1,001.20 on the NSE, up 0.71 per cent or ₹7.10 from its previous close of ₹994.10

India clinch narrow 4-3 win over Pakistan to enter final of men's hockey at Asian Games
Oct 1, 2026
India clinch narrow 4-3 win over Pakistan to enter final of men's hockey at Asian Games

Harmanpreet Singh scored twice for India through penalty corners in the initial minutes of the match. Sukhjeet Singh added a goal from the field, extending India's lead further. Although Pakistan responded with three goals in the second half, India maintained their composure. Abhishek secured the win with a decisive goal in the final minute of the contest.

Bajaj Auto shares crash 6.5% as Sept 2-wheeler sales disappoint
Oct 1, 2026
Bajaj Auto shares crash 6.5% as Sept 2-wheeler sales disappoint

The stock opened at ₹10,701, well below its previous close of ₹10,874, and hit an intraday low of ₹9,900, close to its lower circuit band of ₹9,787, before recovering marginally

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