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Rishabh Pant on Wednesday overtook his superstar India teammate Virat Kohli to reach the sixth spot in the ICC Test rankings for batters. Fresh from a counter-attacking 99 in the second innings of the opening Test against New Zealand, Pant gained three spots in the rankings while Kohli, who made a fluent 70 in Bengaluru, dropped a place to be eighth. Opener Yashasvi Jaiswal remains India's highest ranked batter at four. India captain Rohit Sharma dropped two places to be joint 15th alongside Sri Lanka's Dimuth Karunaratne. England star Joe Root maintains a healthy lead at the top of the charts.

Paytm, operated by One 97 Communications, received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users, lifting a regulatory freeze imposed on it earlier this year. This approval marks a significant development for the digital payments platform, which has been under scrutiny by regulators. Why was Paytm barred? In February 2024, NPCI restricted Paytm Payments Bank (PPBL), an associate entity of Paytm, from offering basic banking services citing compliance issues. This resulted in PPBL being barred from adding new users onto its UPI service. Eventually UPI payments moved from PPBL to Paytm where the latter became a third-party payment app. But the new user addition embargo was not lifted, and the application had been pending with the NPCI.

GoDaddy is one such company that aims to help small businesses to focus on their core competencies. In an interview with ET Digital, Laura Messerschmitt, President, International Independents, GoDaddy, and Selina Bieber, Vice President, International Markets, GoDaddy, say that the internet domain registry, domain registrar and web hosting company offers AI-powered tools in a variety of its products to small businesses who can benefit from the use of such advanced technologies. Edited excerpts: The Economic Times (ET): What’s GoDaddy's vision for empowering Indian small businesses? How can online opportunities, such as the benefit of using AI, help small business owners? GoDaddy (GD): In addition to being the world’s largest domain name registrar, GoDaddy is a trusted partner for small and medium businesses globally, simplifying the process of establishing and managing an online presence. GoDaddy’s vision is to empower entrepreneurs everywhere, making opportunity more inclusive for all. Our website builder tool allows business owners to create mobile-ready websites with customisable templates quickly and easily.

Radisson Hotel Group on Wednesday announced the signing of its sixth hotel in Bengaluru, the Radisson Hotel Bengaluru Aerospace Park, marking a significant expansion in India's Silicon Valley. This new property, featuring 157 rooms, is expected to be operational by the second quarter of 2027 and will create over 250 job opportunities across various functions. Strategically located just 20 minutes from Kempegowda International Airport, the Radisson Hotel Bengaluru Aerospace Park is set to cater to the growing influx of business travelers and corporate professionals.

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Subscribe to enjoy similar stories. The explosion of volumes in the Indian derivatives’ market—daily swaps, in particular—and the widespread participation of retail investors has generated deep concern among regulators and policymakers. As Warren Buffett famously said, “Derivatives are financial weapons of mass destruction." A consultation paper published by the Securities and Exchange Board of India (Sebi) noted that in 2023-24, an average 85 out of 100 individuals trading in index futures lost money.

Life Insurance Corp. (LIC), which gets 96% of its new business from its agents, has recently introduced changes that have miffed them. Effective 1 October, modifications to endowment plans include a 7% reduction infirst-year agent commissions to 28%. LIC also plans to introduce a clawback clause, which would require agents to return part of their commission if a policyholder surrenders a policy within five years.

Subscribe to enjoy similar stories. Foreign investors are pulling their money out of India. While that may not be surprising, the question is which global markets are catching the attention of foreign portfolio investors (FPIs) now? The short answer: Apart from China, it was South Korea, Japan and Indonesia.

Reasons to buyReasons to avoidAlso read: Amazon Great Indian Festival Diwali Sale is LIVE: More than 70% off on newly launched TVs from Samsung, Sony and moreThe Anikaa Crystal entertainment stand is a modern and elegant choice for your living room. With a wenge finish and a contemporary design, it adds a touch of luxury to your home decor.

Tube Investments of India Ltd. rose 0.74 per cent to Rs 4449.95 in Wednesday's trade. It hit an intraday high of Rs 4500.3 and low of Rs 4400.05, respectively, during the day. The stock quoted a 52-week high price of Rs 4666.0 and low of Rs 2881.3.

Cummins India Ltd. traded 1.31 per cent up at Rs 3494.8 at around 01:02PM (IST) on Wednesday. The stock had closed at Rs 3541.4 in the previous session. Equity benchmark Sensex traded 284.58 points higher at 80505.3 around the same time.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Hindustan Zinc surged 4% to Rs 535 in Wednesday's trade on the BSE after silver prices reached the Rs 1 lakh per kg mark in Delhi-NCR’s bullion markets on Tuesday. Hindustan Zinc is India's largest producer of silver and refined silver. Meanwhile, on Tuesday, December silver contracts on the MCX hit a new lifetime high of Rs 99,475, gaining Rs 2,019, or over 2%. March 2025 futures were trading at Rs 1,01,688, up Rs 1,847, or 1.85%.

Bay of Bengal intensified into cyclonic storm 'Dana' on Wednesday morning, the Odisha government expedited the evacuation of people from coastal areas and deployed 288 rescue teams in vulnerable areas across 14 districts, officials said. The state government has already mobilised 19 National Disaster Response Force (NDRF) teams, 51 Odisha Disaster Rapid Action Force (ODRAF) teams, and 178 Fire Services teams, with an additional 40 teams also deployed in the affected districts. On Wednesday morning, the Indian Air Force transported 150 NDRF personnel and relief materials to Bhubaneswar using two aircraft.

Lexus Granito(India)Ltd.(up 12.95%), Gujarat Mineral Development Corporation Ltd.(up 7.77%), Oriental Trimex Ltd.(up 5.01%), Madhav Marbles & Granites Ltd.(up 4.40%), The Orissa Minerals Development Company Ltd.(up 3.66%), Ashapura Minechem Ltd.(up 3.46%), NMDC Ltd.(up 3.33%), MOIL Ltd.(up 2.62%), Sandur Manganese & Iron Ores Ltd.(up 2.32%) and Pokarna Ltd.(up 2.05%) were among the top gainers.

Trump wins next month's U.S. presidential election, Mike Sagan's toy-making company will halve its China supply chain within a year. KidKraft, which also makes outdoor play equipment, had already shifted 20% of its production out of China to Vietnam, India and elsewhere after Trump introduced 7.5%-25% tariffs in July 2018, midway through his first term. Now Trump threatens blanket 60% tariffs on China, which Sagan sees as a game-changing «blunt» tool.

World Economic Outlook (WEO) and expected India to grow at 7 per cent in the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26). «In India, the outlook is for GDP growth to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025, because pent-up demand accumulated during the pandemic has been exhausted, as the economy reconnects with its potential,» the IMF said in the World Economic Outlook. Looking beyond the one-year outlook, the global economy faces a feeble period of medium-term growth, the IMF said as it called for a slate of reforms in its latest WEO during the annual meetings of the fund and the World Bank in Washington.

SIG Combibloc wants to make a difference. Last year, the Swiss firm — with a India clientele of brands like Amul, KMF, MilkyMist, Heritage Dairy, Coca-Cola, Parle Agro — began constructing its 10th global aseptic packaging plant in Ahmedabad, which will create over 300 jobs. In a conversation with ET Digital, Samuel Sigrist, CEO, SIG Group, talks about aseptic packaging technology and how India is the right market for it. Edited excepts: Economic Times (ET): What kind of potential is SIG looking to cater to in India when it comes to sustainable dairy packaging or sustainable packaging? Samuel Sigrist (SS): This is an amazing starting point, because in some markets in Asia, we first need to teach people to like milk. But that is not the challenge here. So the problem statement here starts with an opportunity statement. It is the largest milk market in the world and less than 10% is processed and packaged; and even a smaller part is in the safest form in the aseptic beverage carton. Now that just shows you the upside that we see. What drives this upside is not just the population growth, but also rising disposable income growth, a growing middle class and urbanisation.

The NSE Nifty index traded 93.41 points up at 24565.5, while BSE Sensex was up 284.22 points at 80504.94 as of 11:19AM(IST)on October 23.

Indian Hotels Company Ltd. gained 0.51 per cent to Rs 659.35 in Wednesday's trade as of 11:16AM (IST). The stock hit a high price of Rs 662.7 and low of Rs 648.95 during the session. The return on equity (ROE) for the stock stood at 13.31 per cent. Traded volume on the counter stood at 11:16AM shares and turnover at Rs 2.16 crore around that time. The stock of Indian Hotels Company Ltd. quoted a 52-week high price of Rs 720.6 and 52-week low prices of Rs 371.45, respectively.

Subscribe to enjoy similar stories. Foreign Institutional Investors (FIIs) have carved out a niche in India’s equity markets, often identifying opportunities that local investors might miss. These global heavyweights, armed with experience navigating both emerging and developed markets, offer a unique perspective—melding international business acumen with an in-depth understanding of India’s growth potential.