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Zomato Swiggy Margins Hit as Discount Wars Return
Zomato and Swiggy face margin pressure as discount wars return, signaling a shift back to aggressive customer acquisition strategies in India’s food delivery market. Rising competition and consumer price sensitivity are forcing both platforms to balance growth with profitability. Zomato and Swiggy face margin pressure as discount wars return at a time when both companies were moving toward profitability. The…
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European Debt Fears Deepen as Rising Bond Yields Pressure Banks
European debt concerns intensified on October 8, 2026, as rising government bond yields and higher oil prices pressured financial markets. European bank shares fell, while investors assessed France's fiscal position, inflation risks and the possibility of tighter monetary policy. The developments have renewed concerns about borrowing costs, economic growth and…
GST Credit Reforms May Unlock ₹60,000 Crore for Industry
Proposed GST credit reforms could unlock an estimated ₹50,000 crore to ₹60,000 crore annually for Indian industry by allowing wider refunds of accumulated input tax credit. The changes are aimed at easing working-capital pressure, particularly for sectors facing inverted duty structures. GST Council weighs wider credit refunds for businesses The…
NTPC Identifies Three Sites for Up to 12 GW Nuclear Capacity
NTPC is moving ahead with its nuclear expansion plans after identifying three potential sites in Madhya Pradesh, Bihar and Odisha that could together support up to 12 GW of nuclear power capacity. The development marks a significant step in the state-run power giant’s plan to build 30 GW of nuclear…
Vedanta Shares Rise as First Post-Demerger Dividend Nears
Vedanta shares gained on October 6 after the company fixed October 14 as the record date for its first interim dividend of FY27. The dividend is subject to board approval on October 8 and marks an important investor event following Vedanta’s major demerger into separate businesses. Vedanta Dividend Plan Puts…
DIG Ventures Closes €106 Million Fund for European AI Startups
DIG Ventures has closed its third fund at €106 million, targeting European pre-seed and seed startups building AI-native enterprise software and cloud infrastructure. The London-based venture firm plans to invest across data, identity, compliance and orchestration technologies. DIG Ventures raises €106 million for Fund III DIG Ventures, the London-based venture…
Australia Raises Rates to 15-Year High as Inflation Risks Persist
Australia’s central bank raised its cash rate to 4.60% on September 29, 2026, taking borrowing costs to their highest level in 15 years. The Reserve Bank of Australia cited persistent inflation pressures and warned that further increases could be considered if price pressures remain elevated. RBA Raises Cash Rate to…