Consensus earnings growth for AI stocks to plunge sharply: Report

IANS | October 17, 2026 5:44 PM

New Delhi, Oct 17 (IANS) Consensus earnings growth for AI‑related stocks in the MSCI AC World Index is expected to plummet from nearly 100 per cent in 2026 to 30 per cent in 2027 and about 22 per cent in 2028, a new report has said, as chipmakers suffered sharp losses this week.

FSSAI proposes science-based pesticide residue limits for tea

IANS | October 17, 2026 4:58 PM

New Delhi, Oct 17 (IANS) The Food Safety and Standards Authority of India (FSSAI) has notified draft amendments proposing maximum residue limits (MRLs) for two pesticides in tea -- 20 mg/kg for Acetamiprid and 50 mg/kg for Imidacloprid -- an official statement said on Saturday.

IDBI Bank Q2 net profit declines 39 pc in FY27

IANS | October 17, 2026 4:33 PM

New Delhi, Oct 17 (IANS) IDBI Bank on Saturday reported a 39.2 per cent year-on-year decline in net profit to Rs 2,206 crore for the second quarter of FY27 against Rs 3,627 crore in the year-ago period.

Nielsen sees India as its primary global innovation engine: Report

IANS | October 17, 2026 4:24 PM

New Delhi, Oct 17 (IANS) US-based media analytics firm Nielsen is positioning India as its primary global innovation engine, with over 5,000 employees in the country — roughly half its worldwide workforce — and Bengaluru its largest hub, a new report has said.

Traders suffer Rs 3,000 crore loss over Delhi protests: Industry body

IANS | October 17, 2026 2:18 PM

New Delhi, Oct 17 (IANS) Traders' body Chamber of Trade and Industry (CTI) on Saturday flagged losses to traders due to continuous protests in the national capital, saying businesses suffered a loss of about Rs 3,000 crore so far due to protests in the month with supply chains also disrupted due to road closures.