Business

October 6, 2026 4:27 PM

Sensex surges 685 points, Nifty reclaims 22,750 ahead of RBI policy outcome

Domestic equity benchmarks ended sharply higher on Tuesday as investors accumulated pharma, private banking and oil & gas stocks while awaiting the outcome of the Reserve Bank of India's policy meeting. The Sensex rose 685.34 points, or 0.95 per cent, to settle at 73,067.81, while the Nifty ad...

October 6, 2026 4:08 PM

Cabinet approves Rs 10,000 crore commitment for SME Growth Fund

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a government commitment of ₹10,000 crore towards establishing the SME Growth Fund to provide direct equity investments in small and medium enterprises and help them grow into globally competitive companies. Announced ...

October 6, 2026 3:09 PM

World Bank raises India’s FY27 growth forecast to 7.1% from 6.6%

The World Bank has raised its forecast for India's economic growth in FY27 to 7.1 per cent from 6.6 per cent, citing stronger-than-expected economic activity, robust domestic demand and exports.   In its latest India Development Update, released on Tuesday, the World Bank said India's medium-term...

October 6, 2026 12:56 PM

India services growth picks up in September, PMI touches 55.2

India's services sector expanded at its fastest pace in three months in September, supported by stronger domestic demand and a sharp rise in new orders, according to the HSBC India Services PMI released on Tuesday.   The seasonally adjusted HSBC India Services PMI Business Activity Index rose to ...

October 6, 2026 12:53 PM

Auto retail sales hit record 25.37 lakh units in September, up 31.82% yoy

Automobile retail sales in India rose 31.82 per cent year-on-year to a record 25,36,920 units in September, with five of six vehicle categories registering their highest-ever September sales, according to the Federation of Automobile Dealers Associations (FADA).   Retail sales also increased 4.69...

October 6, 2026 10:20 AM

Sensex, Nifty open higher; private banks lead sectoral gains

Indian equity benchmarks opened higher on Tuesday amid positive global cues and buying in private banking stocks. Nifty opened at 22,603.25, an increase of 47.50 points or 0.21 per cent. Meanwhile, Sensex opened at 72,508.05, up 125.58 points or 0.17 per cent. Private banks led sectoral gains in ...

October 6, 2026 8:21 AM

Asian shares track Wall Street higher, Treasury yields near multi-decade highs

Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs. The euro languished near 17-month lows after briefly touching $1.116 overnight, pr...