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Moneycontrol News

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Belgian court clears Mehul Choksi’s extradition to India in Rs 13,000-crore PNB scam case

BUSINESS

Belgian court clears Mehul Choksi’s extradition to India in Rs 13,000-crore PNB scam case

Belgium court clears fugitive Mehul Choksi’s extradition to India in Rs 13,000-crore PNB scam, calling his arrest valid; Choksi may appeal the order.

Skoda Octavia RS launched in India at Rs 49.99 lakh, all units sold out in 20 minutes

AUTOMOBILE

Skoda Octavia RS launched in India at Rs 49.99 lakh, all units sold out in 20 minutes

The launch of the Octavia RS coincides with Skoda's 25th anniversary in India and marks the return of a model that has achieved cult status among performance car enthusiasts.

PM Modi slams Congress for ‘Mountain of NPAs’, says BJP govt democratized banking access

INDIA

PM Modi slams Congress for ‘Mountain of NPAs’, says BJP govt democratized banking access

Prime Minister Narendra Modi on Friday launched a sharp attack on the Congress, accusing the party of leaving behind a “mountain of non-performing assets (NPAs)” and distancing citizens from the banking system.

India-focused fund redemptions hit 2-month high even as China, commodity flows stay strong: Elara Capital

BUSINESS

India-focused fund redemptions hit 2-month high even as China, commodity flows stay strong: Elara Capital

The Global Metals & Mining Index has crossed its 2008 highs — a key resistance level breached for the first time since 2022 — suggesting further upside in the sector.

'India no more remains silent after terror attacks': PM Modi

INDIA

'India no more remains silent after terror attacks': PM Modi

FIIs net buy Indian equities worth Rs 309 crore while DIIs buy Rs 1527 crore

BUSINESS

FIIs net buy Indian equities worth Rs 309 crore while DIIs buy Rs 1527 crore

For the year so far, FIIs have been net sellers of shares worth Rs 2.40 lakh crore, while DIIs have net bought shares worth Rs 6.02 lakh crore.

Delhi-NCR reels under massive traffic snarls ahead of Diwali weekend

INDIA

Delhi-NCR reels under massive traffic snarls ahead of Diwali weekend

SPG 2025 to focus on deepwater exploration, energy security

BUSINESS

SPG 2025 to focus on deepwater exploration, energy security

With the theme “Rock to Cloud: Geo-Exploration Empowering Energy Evolution,” the conference will focus on technological advances and data-driven approaches in hydrocarbon exploration,

‘Record intact’: Karnataka transport minister defends CM Siddaramaiah over fake post controversy

INDIA

‘Record intact’: Karnataka transport minister defends CM Siddaramaiah over fake post controversy

Transport Minister Ramalinga Reddy said CM’s post on X was withdrawn “solely to avoid distraction from the substance of these accomplishments.”

Reliance Jio Q2 results: Net profit increases 13% YoY to Rs 7,379 crore, ARPU rises to Rs 211.4

BUSINESS

Reliance Jio Q2 results: Net profit increases 13% YoY to Rs 7,379 crore, ARPU rises to Rs 211.4

Reliance Jio Q2 results: Revenue from operations rises 15% to Rs 36,332 crore

RIL O2C Q2 results: Revenue rises 3.2% to Rs 1.60 lakh crore, EBITDA up 21%

BUSINESS

RIL O2C Q2 results: Revenue rises 3.2% to Rs 1.60 lakh crore, EBITDA up 21%

Domestic demand for jet fuel fell 2% in the September quarter, which O2C (Refining) COO Srinivasan T attributed to increased safety checks by airlines following the Ahmedabad plane crash.

Reliance Industries Q2 Results: Profit climbs 14% on strong growth in refining, retail, and digital units

BUSINESS

Reliance Industries Q2 Results: Profit climbs 14% on strong growth in refining, retail, and digital units

Reliance Industries said broad-based growth in consumer businesses, together with improved refining margins and continued thrust on domestic fuel retailing operations, helped deliver a robust consolidated performance during the fiscal second quarter.

MEA urges Bangladesh to uphold border sanctity after killing of three nationals in Tripura clash, says report

INDIA

MEA urges Bangladesh to uphold border sanctity after killing of three nationals in Tripura clash, says report

The ministry’s remarks came after a violent confrontation in Bidyabil village, located near the Indo-Bangladesh border in Khowai, left three Bangladeshi nationals dead.

Bihar to hold first election with voting till 5 PM as state declared free of Naxalites: Amit Shah

INDIA

Bihar to hold first election with voting till 5 PM as state declared free of Naxalites: Amit Shah

Speaking at a massive rally in Taraiya, Saran district, Shah campaigned for Taraiya MLA Janak Singh and Amnour candidate Krishan Kumar Mantoo.

State Bank of India raises Rs 7,500 cr via 10-year Basel-III Tier 2 bonds at 6.93% coupon

BUSINESS

State Bank of India raises Rs 7,500 cr via 10-year Basel-III Tier 2 bonds at 6.93% coupon

On October 15, Moneycontrol reported that SBI plans to raise up to Rs 7,500 crore through Basel-III compliant Tier-II bonds maturing in 10 years.

Bihar elections: VIP’s Mukesh Sahni not to contest polls, seeks deputy CM post

INDIA

Bihar elections: VIP’s Mukesh Sahni not to contest polls, seeks deputy CM post

Sahani, who represents the politically influential Nishad community, around 2.5% of Bihar’s population, remains a key figure despite limited electoral success.

Karnataka CM says Sudha Murty, Narayana Murthy got it wrong for skipping caste survey

INDIA

Karnataka CM says Sudha Murty, Narayana Murthy got it wrong for skipping caste survey

CM Siddaramaiah clarifies the survey covers all communities, dismisses claims it targets backward classes.

'They want closure': Rahul Gandhi pays tribute to Zubeen Garg, calls for transparent probe into singer’s death

INDIA

'They want closure': Rahul Gandhi pays tribute to Zubeen Garg, calls for transparent probe into singer’s death

Zubeen Garg, 52, passed away in Singapore on September 19 after drowning while swimming in the sea. His body was brought back and cremated with state honours at Sonapur on September 23. The Assam government has since constituted a Special Investigation Team (SIT) to probe the circumstances surrounding his death.

Business in the Week Ahead: October 20-24, 2025

BUSINESS

Business in the Week Ahead: October 20-24, 2025

Flash PMIs, China GDP, US inflation and quarterly results are the key events, data points to track

Wall Street futures fall up to 1.2% on US lender jitters, Bitcoin down 3%

BUSINESS

Wall Street futures fall up to 1.2% on US lender jitters, Bitcoin down 3%

In Europe, the benchmark STOXX 600 slipped 1.5 percent. France’s CAC 40 fell 1 percent and Germany’s DAX declined 2.1 percent.

Rajnath Singh announces record ₹25,000 crore in defence exports; inaugurates new HAL production lines in Nashik

INDIA

Rajnath Singh announces record ₹25,000 crore in defence exports; inaugurates new HAL production lines in Nashik

Speaking at Hindustan Aeronautics Limited’s (HAL) Nashik campus, Singh lauded the state-run aerospace major for its growing contribution to India’s defence ecosystem.

ED names OctaFX in Rs 2,385 crore laundering probe; company calls charges ‘purely speculative’

BUSINESS

ED names OctaFX in Rs 2,385 crore laundering probe; company calls charges ‘purely speculative’

Rs 2,385 crore crypto seized in alleged OctaFX scam, ED says; Octa refutes money-laundering claim

Nifty above 25,700, nears all-time high, Sensex rises 500 points as FMCG, auto stocks gain

BUSINESS

Nifty above 25,700, nears all-time high, Sensex rises 500 points as FMCG, auto stocks gain

Dalal Street's benchmark indices Nifty 50 and Sensex closed the week with gains of roughly two percent each, while extending their winning streak to the third session.

Vande Bharat's sleeper version to provide 'premium' experience to passengers: Check key features, ticket prices

INDIA

Vande Bharat's sleeper version to provide 'premium' experience to passengers: Check key features, ticket prices

The new sleeper coaches are set to be more modern and passenger-friendly with various on-board features

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