Ajay Vaishnav

US unemployment claims hit a 2-month low of 197,000, showing a resilient economy despite high energy prices. The labor market remains strong, with subdued layoffs and continued job growth.

When Mittali Sethi, the district collector of Nandurbar in Maharashtra, enrolled her three-year-old twins in a government-run Anganwadi, the decision drew widespread attention. But the IAS officer says the choice was far simpler than many assumed.

US employers added just 29,000 jobs in September, sharply below market expectations of 84,000-90,000, in a sign of a significant slowdown in hiring. The weak jobs report also pushed Treasury yields lower while lifting US equity futures as traders lowered expectations of another Federal Reserve rate hike.

Indices on Wall Street jumped on Friday, as yields dropped from their highs after a surprisingly weak jobs report raised hopes the Federal Reserve will hold rates steady in October. The Dow Jones Industrial Average rose 194 points, or 0.6%. The S&P 500 gained 0.7%, while the Nasdaq Composite climbed 1.3%.

Persistent Systems launches a QIP to raise up to $450 million with a floor price set at 5550 rupees per share following strong Q2 revenue growth.

The rise of autonomous AI tools is creating a new challenge for the banking industry, as lenders struggle to distinguish legitimate customer activity from automated access. US banks are exploring tighter safeguards and read-only permissions to let customers use AI for financial management without exposing their accounts to unauthorised payments or transfers.

Tata Consumer Products (TCPL) has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Tata Group company has also declared a dividend of ₹2.50 per share.

Genus Power Infrastructures fixes October 30, 2026 as the record date for its 148.20 crore share buyback at 312 rupees per share.

Allied Blenders and Distillers reported an 11.2 percent rise in Q2 FY27 net profit to ₹71.5 crore as sales volumes crossed 10 million cases.

Star Health and Allied Insurance Company on Tuesday reported a 233% year-on-year jump in standalone net profit to ₹264.81 crore for the September quarter of FY27, compared with ₹79.58 crore in the year-ago period.