Global News

EU sanctions have forced Nayara Energy to cut exports and scale back output at its Vadinar refinery

The move comes amid record silver prices and supply tightness in the domestic market. The underlying Kotak Silver ETF remains open for trading and is not subject to suspension.

The potential financing follows a string of fundraisings by Vingroup and its EV arm, including recent loans from Barclays and private credit funds.

WeWork India set to list on bourses today, grey market premium slips further

India and the UK signed the Terms of Reference to reposition JETCO, strengthening trade cooperation and fast-tracking the implementation of the July 2025 India-UK CETA.

The luxury automaker trimmed its long-term electric vehicle targets, choosing to lean more on hybrids and combustion engines as it prepares to unveil its first EV, the Elettrica, next year.

The move marks BYD’s entry into China’s competitive pickup market after debuting the Shark in countries like Mexico and Australia.

With China tightening its grip on rare earth exports, India is looking to push ahead with an ambitious manufacturing initiative to build a domestic rare earth magnet capacity.

TCS is expected to report a subdued Q2 print post-market hours today

Urals crude prices fall to $2–$2.50 below Brent, boosting their cost appeal.

Modi and Starmer are expected to review the progress of the India - UK Comprehensive Strategic Partnership under the ‘Vision 2035’ framework

Gold prices surged past $4,000 an ounce for the first time ever

JLR to introduce a short-term financing scheme to provide immediate liquidity to suppliers

LG Electronics’ ₹11,607.01 crore IPO opens for subscription today, with a price band of ₹1,080 - ₹1,140.

The Vietnamese automaker unveiled two new electric bus models, the EB8 and EB12, in Germany, the Netherlands, Belgium, and Sweden.

Akio Toyoda’s $31 billion bid for Toyota Industries has sparked investor backlash over valuation, even as it aligns with Japan’s push to simplify corporate cross-holdings.

Tata Capital’s ₹15,511.87 crore IPO opens today, with a price band of ₹310-326 per share.

Xiaomi has launched a luxury customization program for its SU7 Ultra electric sedan, offering gold badges, bespoke paint jobs, and premium trims to attract high-end buyers.

The move follows a wave of global auto safety actions in September, with probes into Stellantis, Ford, and Tesla.

Analysts said gold’s meteoric rise to near $4,000 an ounce shows signs of exhaustion, with technical indicators flashing overbought signals

Analysts have noted that the stock appears overheated following its recent rally, with technical indicators suggesting a short-term correction despite strong momentum and high retail interest.

Alibaba and Baidu shares, already at multi-year highs, rose by more than 5% in Hong Kong.

Goldman Sachs said surging private investor demand and strong ETF inflows could push gold prices well beyond its current forecast, with the metal already nearing $3,900 amid renewed safe-haven buying.

Xpeng extended its record-breaking streak in September with soaring deliveries, while Li Auto’s sales continued to lag amid its shift toward new all-electric models.

The automaker said 2025 production of the new ES8 is already sold out, with delivery waits extending into March 2026.

Morningstar and Morgan Stanley have substantially raised their price targets on BABA.

The company is also preparing to start production at its new Hungary plant early next year as part of its broader international expansion.

The company’s second all-electric SUV, the Li i6, has drawn large crowds to showrooms across China, with deliveries set to begin Monday.

The analyst noted that the company’s slow growth highlights the loyalty of Japanese buyers to domestic brands and hybrids.

While every sectoral index closed in the red, IT and pharmaceutical stocks saw the biggest selling pressure.

Baidu and fellow tech giant Alibaba have surprised markets with sharp share gains, drawing investors back to the Chinese tech sector.

The Chinese EV maker is accelerating its global strategy through new partnerships and local production, aiming to strengthen its position in Europe.

Locomotive orders for Rites, a new battery plant investment by Exide, and JLR's cyber recovery are key things investors are eyeing today.

Turkey could purchase as many as 250 commercial aircraft, along with additional F-16 fighters from Boeing and Lockheed Martin; retail watchers were tuned in ahead of the meeting with Donald Trump on Thursday.

Hindustan Copper has gained over 43% so far in September. Retail sentiment remains bullish.

Overall car registrations in the EU rose 5.3% as buyers continued shifting toward electrified vehicles, which made up more than 62% of the market.

JLR’s production halt has weighed on Tata Motors, which trades in bearish territory. An investment advisor sees strong resistance near ₹700.

Energy trade will be a central focus of India-U.S. talks, alongside discussions on tariffs and market access.

Shares of the Chinese retailing giant were up 6.2% in Hong Kong on Thursday afternoon.

Ivalue Infosolutions set to list on the mainboard today

France’s economy ministry has reportedly scheduled an Oct. 7 inspection of Nissan’s European headquarters after requesting full 2024 accounting and payment records.

Benchmark Brent crude prices rose 0.4% to $67.88 per barrel, while U.S. West Texas Intermediate prices also gained 0.3% cents to $63.64 per barrel at 5.10 a.m. ET.

Trade talks between New Delhi and Washington remain focused on resolving energy and sanctions concerns.

CEO Eddie Wu said the company will increase spending on AI models and infrastructure development.

Rapido has secured one of the year’s biggest startup fundraises, topping $400 million, led by Prosus and Westbridge.

With its U.S. shares up over 95% this year, thanks to a fast pace of AI rollout, Alibaba is at the top of investors' radar.

Chinese EV makers are bracing for a record month as peak sales season drives stronger deliveries.

Benchmark indices are set for a weak opening, tracking cues from Asian markets.

The FX Super One has drawn more than 10,000 deposits, offers multiple seating and powertrain configurations, and is now in trial production at the company’s Hanford, California, plant.

U.S. Ambassador to China David Perdue said the timeline for the Trump–Xi summit has shifted, even as both leaders signal interest in meeting.