By Sandal Khan Business Correspondent, Zee Media Published: October 13, 2026, 01:24 PM IST In a session characterized by cautious investor sentiment, the domestic gold market witnessed a marginal decline on October 13, 2026. Following a period of fluctuating demand and global economic signals, bullion prices across various purities experienced a slight downward adjustment compared […]
NPCI Defers UPI Merchant Discount Rate Rollout Until After Diwali to Protect Festive Retail Momentum
NEW DELHI — In a major relief for small businesses and digital shoppers alike, the National Payments Corporation of India (NPCI) announced on Tuesday, October 13, that the controversial rollout of the Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) Unified Payments Interface (UPI) transactions has been officially postponed. Originally slated to take effect on […]
Unshaken Retail Resilience: Equity Mutual Fund Inflows Surge Past Rs 38,000 Crore in September 2026 Despite Market Volatility
New Delhi: In a resounding testament to the maturing mindset of India’s retail investor base, equity mutual funds continued to witness phenomenal momentum throughout September 2026. Data released by the Association of Mutual Funds in India (AMFI) reveals that despite a challenging macroeconomic backdrop, persistent geopolitical friction, and a broader correction in benchmark equity indices, […]
Karnataka High Court Strikes Down 2022 Reservation Hike: A Legal and Social Impasse
By Legal Correspondent In a landmark verdict that has sent ripples through the political and social landscape of Karnataka, the High Court on Monday declared the provisions of a 2022 state law—which sought to increase reservations for Scheduled Castes (SCs) and Scheduled Tribes (STs)—as unconstitutional. The decision effectively halts the state’s attempt to bypass the […]
India’s Inflation Surge: September Spike Tests RBI’s Resolve as Price Pressures Broaden Across Sectors
Main Facts India’s headline retail inflation surged significantly to 5.54% in September, accelerating from 4.83% in August. Released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday, the latest data highlights a concerning upward trajectory in consumer prices. This surge follows closely on the heels of the Reserve Bank of India’s (RBI) aggressive […]
India’s Retail Inflation Surges to 5.54% in September: A Deep Dive into the Economic Landscape
By IANS Updated: October 12, 2026, 05:53 PM IST India’s macroeconomic landscape faced a significant reality check in September 2026, as the National Statistics Office (NSO) reported a sharp uptick in retail inflation. The Consumer Price Index (CPI)-based inflation climbed to 5.54 percent, a notable acceleration from the 4.83 percent recorded in August. This surge […]
Clean Tech Offers Lucrative Business Opportunities, But Fear of Change and Policy Gaps Hold Firms Back, Warns Earthshot Prize Chair
Global Climate Transition: As communities, corporate supply chains, and local economies grapple with the accelerating impacts of climate change, a definitive economic transformation is quietly taking shape. According to Jesper Brodin, Chair of The Earthshot Prize and former CEO of Ingka Group (IKEA), the historic transition toward clean energy, sustainable mobility, and green infrastructure is […]
The Future of Luxury Mobility: Volvo EX90 Arrives in India at ₹1.26 Crore
By Lakshya Rana Updated: October 12, 2026, 06:04 PM IST The landscape of the Indian luxury electric vehicle (EV) market has officially shifted. Volvo has pulled the covers off its highly anticipated flagship SUV, the EX90, positioning it as a formidable disruptor in the premium segment. Priced at ₹1.26 crore (ex-showroom), the EX90 arrives not […]
RBI Intervention Propels Rupee to Biggest Gain in Six Months as Central Bank Targets Speculation Amid Global Headwinds
MUMBAI — In a dramatic turnaround for the domestic currency, the Indian rupee staged its most significant single-day rally in over six months on Monday, appreciating by a robust 95 paise to settle at 95.78 against the US dollar. The sharp recovery was directly catalyzed by a comprehensive and aggressive package of regulatory interventions introduced […]
Swan Defence and Heavy Industries Posts Massive ₹566 Crore Net Profit in Q2, Driven by Exceptional Write-Backs
GUJARAT — In a dramatic financial turnaround that has captured the attention of Dalal Street, Gujarat-based Swan Defence and Heavy Industries Ltd announced its financial results for the quarter ending September. The company reported a phenomenal net profit of ₹566.44 crore, marking a complete reversal from the net loss of ₹0.55 crore recorded during the […]