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BusinessPoonawalla Fincorp reported a more than fivefold increase in net profit for the second quarter. The surge was driven by significant growth in net interest income and fee income. New loan products made up a notable share of disbursements, highlighting product diversification. The company also improved its gross non-performing asset ratio, indicating better asset quality management.
ET Markets·
PoliticsDelhi Police has ordered a 24-hour internet shutdown around Jantar Mantar ahead of the upcoming CJP protest. This measure aims to manage security and public order during the event. The internet cut will affect communication in the designated area for the entire duration.
NDTV··Delhi
BusinessThe US Department of Treasury announced the lifting of sanctions on the sale of Russian diesel in global markets. This decision followed a conversation between US President Donald Trump and Russian President Vladimir Putin, resulting in a deal to supply diesel to both American and international markets.
Hindu World·
SportsNew Zealand has included seven pacers in their squad for the upcoming five-match T20I series against India starting October 22. Veteran pacer Lockie Ferguson highlighted that adapting to New Zealand's swinging and seaming conditions will be crucial for India’s success. He noted similarities between English and New Zealand pitches and acknowledged India's experienced squad facing these challenges.
Deccan Herald··Bengaluru
PoliticsSyed Darakhshan Andrabi, chairperson of the J&K Waqf Board, condemned the assault on Kashmiri youth Fahim Nazir in Delhi on October 8, 2026. Nazir was attacked allegedly by Congress workers for praising Prime Minister Narendra Modi and opposing Rahul Gandhi-led protests. Andrabi called the incident deeply disturbing, demanded an impartial investigation, and stated that such brutality is unacceptable in a democracy.
The Hindu··Delhi
BusinessWall Street closed higher on Friday driven by optimism before third-quarter earnings from major firms like Wells Fargo and Goldman Sachs. Analysts expect notable year-over-year growth in S&P 500 earnings despite concerns over consumer sentiment. Oil prices initially fell due to mixed US-Iran news but later recovered. Companies including Delta Air Lines and Apple faced challenges affecting their stock performance.
ET Markets·
ET Markets·
Poonawalla Fincorp reported a more than fivefold increase in net profit for the second quarter. The surge was driven by significant growth in net interest income and fee income. New loan products made up a notable share of disbursements, highlighting product diversification. The company also improved its gross non-performing asset ratio, indicating better asset quality management.
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