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TOP NEWS OF THE DAY :



1. India's forex reserves declined by USD 2.36 bn to USD 583.53 bn during the week ended October 20: RBI Report



2. India's mango exports increased 19% to $47.98 million during the April-August period this FY, compared to worth $40.33 million YoY: Reports



3. Almost 8.5 lakh students are pursuing their higher education abroad pending close to $34 billion in the year 2023: Report



4. iPhone-maker Wistron's board approves plan for sale of India plant to Tata Group for about $125 mn: Reports



5. JP Morgan has upgraded India to ‘overweight’ from ‘neutral’ advised investors to use near-term correction/dip as an opportunity: Reports

TOP NEWS OF THE DAY :



1. Adani Group seeking to raise $4 bn to fund green hydrogen plans: Reports



2. Ola Electric has raised Rs 3,200 crore from Temasek-led investors and State Bank of India (SBI): Reports



3. Listed global funds pour $1.3 bn into India's equity markets in September on the back of an increase in India’s weightage shows data.



4. Zepto clocks Rs 2,024 crore revenue, incurs Rs 1,272 crore loss in FY23: Com Reports



5. PE/VC investments see 60% YoY jump to $13.6 bn in Jul-Sep quarter: EY Report

TOP NEWS OF THE DAY :



1. Mamaearth IPO is all set to open for subscription on October 31 and the price band could be in the range of Rs 320-350: Reports



2. Zerodha rival Groww turns profitable with PAT of Rs 448 crore, revenue jumps 266% to Rs 1,277 crore in FY23: Company Reports



3. India's customs department seized 2,000 kg of smuggled in the H1 FY24 43% more than same period last year: CBIC



4. Investor wealth has shrunk by Rs 15 lakh crore as the Nifty 50 and Sensex closed in the red for the 5th consecutive day shows data.



5. GST notices worth Rs 1 lakh crore issued to online gaming firms: Reports

TOP NEWS OF THE DAY :



1. Investors' wealth eroded by Rs 7.59 lakh crore as the bear takes charges on equity market shows data.



2. Vijay Shekhar Sharma launches AIF with target corpus of Rs 30 crore to invest in startups focused on AI and EVs: Reports



3. Reliance Industries Ltd. is nearing a cash and stock deal to buy Walt Disney Co.’s India operations: Reports



4. India's mineral output increased by 12.3% to 111.9 in the month of August as compared to the same month a year ago: Reports



5. Ecom giant Flipkart loss widens 45% to Rs 4,890.6 crore in FY23, whereas its consolidated revenues for FY23 at Rs 56,013 crore, a 9% jump YoY: Reports

TOP NEWS OF THE DAY :



1. FPIs pull out Rs 12,000 crore from equities October so far, invest Rs 5,700 crore in debt market shows data.



2. M-cap of 10 valued firms plunge Rs 1.52 trn with Reliance, TCS biggest laggards shows data.



3. Russia makes up 40% of Indian crude oil imports, dents OPEC's share to 46% in April to September compared with about 63% YoY: Reuters Report



4. Favourable mkt conditions push 139 SMEs to raise Rs 3,540-cr via IPO till date compared to 109 companies that raised Rs 1,875 crore through IPOs in the entire 2022: Reports



5. India sent nearly 6.5 tonnes of medical aid and 32 tonnes of disaster relief material for the people of Palestine: Reports

TOP NEWS OF THE DAY :



1. India's forex reserves increased by $1.15 billion to $585.89 billion for the week ended October 13: RBI data



2. Gold-linked ETFs saw an inflow dips to Rs 175.3 crore in Sept as compared to Rs 1,028 crore in August: AMFI



3. Global scams take away $1.4 trillion from people, Singapore leads victims' list: Study



4. Manipal Group chairman Ranjan Pai in talks to invest $350 mn in Byju's: Reports



5. SoftBank sold 93.6 million, or 1.1% stake in Zomato at Rs 111.2 per share to raise Rs 1,040 crore and plans to exit fully: Reports

TOP NEWS OF THE DAY :



1. Govt to sell up to 7% stake in HUDCO via OFS on Oct 18-19, likely to raise ₹1,100 crore: Reports



2. Two-wheeler exports fell by 20% to 1.69 mn units and passenger vehicle exports in H1FY24 increased by 5% to 336,754 units: Siam



3. Invesco marks up Swiggy's valuation to $7.85 billion after two back-to-back cuts: Reports



4. India to record highest-ever business from 35 lakh weddings in 2023 at Rs 4.25 lakh crore: CAIT



5. Central govt anticipates saving Rs 18,000 crore in the current FY by identifying and eliminating fake beneficiaries across various welfare schemes: Reports

TOP NEWS OF THE DAY :



1. FPIs have pulled out nearly Rs 9,800 crore from Indian equities this month(till Oct 13): Depositories data



2. Mcap of six of top 10 firms jumps Rs 70,527.11 crore, Reliance Industries biggest gainer shows data.



3. India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil



4. The first four days of the ecommerce sales season clocked in sales to the tune of ₹29,000 crore: Redseer Report



5. Overall deal activity declined marginally to USD 13.369 billion across 302 transactions in the July-September period: Reports

TOP NEWS OF THE DAY :



1. India's exports declined by 2.6% to USD 34.47 bn in September this year as against USD 35.39 billion in the same month last year: Govt Data



2. India's imports fell by 15% to USD 53.84 billion as against USD 63.37 billion recorded in September 2022: Govt Data



3. India’s top 3 IT firms TCS, Infosys, HCL see headcount drop by over 16,000 in Q2 FY24: Reports



4. India's forex reserves dropped by a further USD 2.166 billion to USD 584.742 billion for the week ended October 6: RBI



5. Microsoft completes $69 billion Activision purchase, biggest-ever deal in gaming industry: Reports

TOP NEWS OF THE DAY :



1. India's direct tax collections rose 21.82% YoY at ₹9.57 lakh crore in the current fiscal till October 9, 2023: CBDT



2. IMF raises India FY24 GDP growth forecast by 20 basis points to 6.3% from 6.1%: Reports



3. Private equity (PE) investments in India fell 65.4% to USD 1.81 billion in July-September 2023 YoY: Reports



4. Indian inflation seen easing to 5.50% in September on softening food price rises: Poll



5. I-T dept collects over Rs 700 crore in TDS from online gaming, crypto trade: CBDT