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Business

Bernstein Sees 38% Profit Hit for PB Fintech by FY30, 91% Upside

Bernstein estimates PB Fintech could face a 38% profit decline by FY30 if the proposed insurance framework hits hardest. Analysts Manas Agrawal and Himank Sangai project FY30 profit around Rs 20 billion, down from Rs 32 billion before regulations. Despite this, Bernstein rates the stock 'Outperform' with a Rs 2,310 target, expecting 91% upside, citing cost optimization and recovery potential.

NDTV Business·3h ago

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Politics

Supreme Court Takes Suo Motu Notice of Recent Minor Rape Cases in Delhi

The Supreme Court on Monday took suo motu cognisance of rising sexual assaults against minors and women in the National Capital Region. It sought a response from Delhi Police, emphasizing that public spaces like parks, buses, and roads cannot be zones of high risk. The bench referenced recent cases including a 17-year-old raped near Lady Sri Ram College and gang-rape of a minor in Swaroop Nagar, drawing a painful parallel to the 2012 Nirbhaya case.

Hindustan Times·45m ago·Delhi

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Business

Sensex Falls 730 Points on Rising Oil Prices and Geopolitical Tensions

On September 28, 2026, the Sensex dropped 730 points to 73,170.12 amid rising crude oil prices, geopolitical uncertainties, and weak Asian markets. The NSE Nifty fell 231.50 points to 22,908.95. Major losses were seen in Bajaj Finance, Kotak Mahindra Bank, and HDFC Bank. Brent crude rose 2.27% to $106.7 per barrel. Investor sentiment was also affected by U.S. President Trump's rejection of Iran's proposal to resolve the Strait of Hormuz conflict.

Hindu Business·43m ago·Mumbai

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Sports

Tajinder Pal Singh Toor Misses Third Asian Games Gold Due to Weight

Tajinder Pal Singh Toor missed winning a third consecutive gold medal at the Asian Games and settled for silver. Toor stated his weight was 144-145 kg this time, whereas he won his previous two golds competing at 140 kg or less. This weight increase affected his performance and ended his winning streak.

Amar Sports·53m ago

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Business

Rupee Falls 20 Paise to 95.95 Amid Rising Crude Oil Prices

The Indian rupee declined by 20 paise to 95.95 against the US dollar at the start of the week. This drop was driven by a stronger dollar, continued foreign fund outflows, and rising crude oil prices, with Brent crude futures surpassing $106. The increase in oil prices has raised concerns over India's import costs and economic challenges.

TOI Business·1h ago

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Politics

2,000 Students Protest Alleged Assault at LPU, SIT Probe Ordered

At Lovely Professional University in Phagwara, Punjab, around 2,000 students protested an alleged sexual assault involving a female student. The protest turned violent, causing property damage and blocking NH-44. Police registered an FIR and formed a Special Investigation Team to investigate. LPU denied the assault claims. Punjab CM Bhagwant Mann directed police action. Classes and exams are suspended for 10 days.

News18·30m ago·Phagwara

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