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BusinessNuvama Institutional Equities remains positive on the auto sector, highlighting Hyundai Motor, Tata Motors, and Eicher Motors as top stock picks. They expect a 27% revenue growth driven by industry volumes, but EBITDA growth may be limited to 10% due to cost pressures ahead of Q2 results.
Mint Markets·
EntertainmentKainchi Dham, a Hanuman temple and ashram of spiritual guru Neem Karoli Baba in Kumaon, has seen a surge in visitors following the release of the film Hanuman Ansh, directed by Dr Vishal Chaturvedi. The film, which opened on 250 screens in August, expanded to 2,000 screens by September and grossed ₹200 crore in India. Pilgrims flock to this quieter Kumaon site near Bhowali, especially during the October 2 weekend.
HT Entertainment··Bhowali
EntertainmentA fire broke out in a shed at Mumbai's Film City, causing smoke to spread to the sets of 'Hustle 5' and 'Kaun Banega Crorepati.' Actor Amitabh Bachchan and the entire team had to evacuate, halting shooting for about 90 minutes. Ashok Dubey, a film employees' union leader, said the incident could have been worse if it had occurred during 'Pati Patni Aur Panga 2' shooting. No injuries were reported.
Amar Entertainment··Mumbai
PoliticsHigh-school students across France blockaded hundreds of schools on Tuesday amid ongoing nationwide protests over school funding, overcrowded classrooms, and poor infrastructure. The demonstrations, now weeks old, have led to intensified clashes with police and injuries, increasing pressure on the government to address the issues.
Times of India·
BusinessThe World Bank's report 'India and Artificial Intelligence: Seizing the Development Opportunity' highlights that private AI investment in India surged from $1.2 billion in 2024 to $4.1 billion in 2025. India ranks among the top 10 emerging markets in AI readiness, reflecting significant growth and potential in the artificial intelligence sector.
ET Tech·
BusinessCurrently, a 3% IGST is applied on general imports of gold, silver, and platinum. However, banks and government-notified agencies have been exempt from this tax. A recommendation has now been made to withdraw these exemptions, and the GST Council will make the final decision on this matter.
Aaj Tak·
Mint Markets·
Nuvama Institutional Equities remains positive on the auto sector, highlighting Hyundai Motor, Tata Motors, and Eicher Motors as top stock picks. They expect a 27% revenue growth driven by industry volumes, but EBITDA growth may be limited to 10% due to cost pressures ahead of Q2 results.
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