Rupee to remain in appreciating mode despite global volatility: Report

IANS | October 15, 2026 3:55 PM

New Delhi, Oct 15 (IANS) The Indian rupee is likely to remain in an appreciating territory even as global markets remain engulfed in turbulence, while the government and the Reserve Bank of India (RBI) may need to consider further policy steps to shore up resilience, a report said on Thursday.

SC upholds Bombay HC order quashing Yes Bank AT1 bond write-down

IANS | October 15, 2026 3:14 PM

New Delhi, Oct 15 (IANS) The Supreme Court on Thursday upheld a Bombay High Court ruling that had invalidated the write-down of Yes Bank's Additional Tier-1 (AT1) bonds, delivering a major boost to investors affected by the lender's 2020 rescue exercise.

India’s economy shows resilience amid global shocks

IANS | October 15, 2026 3:11 PM

New Delhi, Oct 15 (IANS) There is an increasing recognition of India’s growth momentum and the country’s resilience to withstand a challenging global economic environment. This is reflected in the recent rise in India’s growth forecast by OECD, S&P Global, Fitch Ratings, the Asian Development Bank (ADB), and Moody’s Ratings, according to a report in Greek news website Directus.

Govt mandates caller name display service for telecom users from Nov 1

IANS | October 15, 2026 3:05 PM

New Delhi, Oct 15 (IANS) The Department of Telecommunications (DoT) has asked telecom operators to implement Calling Name Presentation (CNAP) services across their service areas from November 1, 2026, in a move that will allow mobile users to view the caller's name alongside the telephone number on incoming calls.

India's net direct tax collections rise 13.2 pc to Rs 13.38 lakh crore

IANS | October 15, 2026 2:33 PM

Mumbai, Oct 15 (IANS) India's net direct tax collections grew 13.21 per cent year-on-year (YoY) to Rs 13.38 lakh crore (as of October 14) in the current financial year (FY27), driven by higher corporate tax, non-corporate tax and securities transaction tax (STT) receipts, according to data released by the Income Tax Department on Thursday.