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BusinessPhoto: NDTV Business

IDBI Bank Revival and Yes Bank AT1 Bond Verdict Mark Key Financial Developments

IDBI Bank's revival concluded with Fairfax, led by Prem Watsa, investing Rs 52,000 crore, ending a nine-year rescue effort and signaling confidence in India's financial sector. Meanwhile, the Supreme Court upheld the Bombay High Court's decision to overturn the Rs 8,415 crore write-off of Yes Bank's AT1 bonds, highlighting legal complexities and risks for bondholders. These events reflect significant shifts in India's banking and financial markets.

NDTV Business·

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BusinessPhoto: TOI Business

ICICI Bank Q2 Profit Rises 20% to Rs 14,843 Crore

ICICI Bank reported a 20.1% rise in standalone net profit for Q2 FY 2026-27, reaching Rs 14,843 crore. Consolidated net profit increased 22.28% to Rs 16,333.18 crore. Net interest income grew 17.7% year-on-year, with advances and deposits also rising. Asset quality improved as the gross non-performing asset ratio fell to 1.20%.

TOI Business·

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PoliticsPhoto: Amar Ujala

Rahul Gandhi to Address Public Meeting, End Goa Yatra on Oct 18

Rahul Gandhi will address a public meeting in Goa on October 18, marking the conclusion of his 28-day 'Goy Rakhon Yatra' ahead of the Goa Assembly elections. This event is part of his campaign efforts in the state.

Amar Ujala··Goa

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EntertainmentPhoto: News18 Movies

Akshay Kumar to Play Quirky Tiger Hunter in Priyadarshan’s 99th Film

Akshay Kumar will star as a quirky tiger hunter in Priyadarshan’s upcoming untitled comedy set in the 1970s. Produced by Ramesh Taurani, this marks Priyadarshan’s 99th directorial venture. Filming starts in late November, spanning three months across Rajasthan, Mumbai, and possibly Bhopal. Annu Kapoor and Rajpal Yadav have joined the cast, while the female lead is yet to be finalized.

News18 Movies·

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BusinessPhoto: Economic Times

CEA Highlights Financial Risks of AI Optimism

Chief Economic Adviser Anantha Nageswaran warned about financial risks associated with artificial intelligence optimism. He noted that finance ministries, central banks, and households might face costs even if AI meets expectations. Nageswaran plans to detail five specific risks and propose government measures to address these concerns in upcoming discussions.

Economic Times·

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PoliticsPhoto: News18 World

Team Bharat Counters SFI Protests Outside Indian High Commission London

In London, members of the Indian diaspora under Team Bharat waved the Tricolour and chanted slogans countering protests by SFI UK and allied groups supporting the Cockroach Janata Party agitation in India. The protests demanded the resignation of Chief Election Commissioner Gyanesh Kumar and scrapping of the Special Intensive Revision of electoral rolls. Demonstrations occurred near the Indian High Commission, Parliament Square, and Big Ben.

News18 World··London

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