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BusinessPhoto: ET MarketsThe market saw a significant downturn as eight of India's top 10 firms lost a combined Rs 1.55 lakh crore in market capitalization. HDFC Bank and Bajaj Finance were the biggest losers. The BSE Sensex dropped by 1,605.44 points, reflecting widespread bearish sentiment. Tata Consultancy Services and Larsen & Toubro showed some gains, but the overall trend was negative.
ET Markets·
PoliticsPhoto: Firstpost WorldUK Defence Secretary Wes Streeting warned that Britain must prepare for war amid intensifying Russian hybrid warfare against NATO. He stated adversaries could be capable of attacking by 2030 and emphasized the country has just over 1,000 days to be ready for potential conflict.
Firstpost World·
PoliticsPhoto: Economic TimesUS President Donald Trump is campaigning in Michigan ahead of the midterm elections. Former President Barack Obama has endorsed Democrat Abdul El-Sayed, emphasizing the Senate race's importance. The contest is between Republican Mike Rogers and El-Sayed, who could become the first Muslim senator. Rogers accuses El-Sayed of terrorist ties, which El-Sayed denies.
Economic Times··Michigan
BusinessPhoto: ET EnergyBharat Coking Coal Ltd posted a net profit of ₹123.74 crore in Q2 FY27, reversing a previous loss of ₹52.99 crore in the same quarter last year. The company saw significant growth in revenue and coal production, marking a strong financial turnaround.
ET Energy·
EntertainmentPhoto: HT EntertainmentGautam Ghattamaneni, son of actor Mahesh Babu, publicly rated Nani's film The Paradise one star on his Letterboxd account, calling it very disappointing with atrocious editing. He praised the cinematography and emotional acting but disliked the rest. Gautam is known for candid film reviews, previously rating Yash's Toxic half a star and some of his father's films two stars.
HT Entertainment·
BusinessPhoto: TOI BusinessThe GST Appellate Tribunal ruled that airlines can claim GST refunds on cancelled flight tickets if the fare and tax are refunded to passengers. Singapore Airlines reclaimed Rs 45.92 lakh after proving direct refunds. The tribunal stressed the need for thorough documentation to verify refund trails. This ruling covers eight claims from October 2019 to March 2021 during the Covid-19 pandemic.
TOI Business·
ET Markets·
Photo: ET MarketsThe market saw a significant downturn as eight of India's top 10 firms lost a combined Rs 1.55 lakh crore in market capitalization. HDFC Bank and Bajaj Finance were the biggest losers. The BSE Sensex dropped by 1,605.44 points, reflecting widespread bearish sentiment. Tata Consultancy Services and Larsen & Toubro showed some gains, but the overall trend was negative.
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