The state has told the Gujarat High Court that commercial rights cannot override the religious character of a major pilgrimage centre, as six restaurant owners challenge restrictions on non-vegetarian food sales within 500 metres of the temple.
Breaking News
Indian equity benchmarks remain under pressure as crude oil prices raise inflation concerns. The Nifty MidCap and SmallCap indices underperform, India VIX rises over 6%, and investors track Jio Platforms IPO demand alongside a busy Q2 earnings calendar.
Unimech Aerospace, Axiscades Technologies and Dynamatic Technologies tumble around 7%, while several defence manufacturers decline 4–6%. Concerns over delayed customer inspections.
Gold is trading near $4,115 an ounce as rising crude oil prices, US Treasury yields and dollar movements shape the outlook ahead of the Federal Reserve's October 28 policy meeting.
Vishal Mega Mart reported 3.7% year-on-year growth in consolidated net profit to ₹157.9 crore and a 14% rise in revenue to ₹3,398.5 crore in Q2FY27.
The visual-content provider has formally initiated US bankruptcy proceedings following the collapse of its proposed merger with Shutterstock. The restructuring is expected to be completed by year-end.
The government has removed tax deducted at source on eligible interest payments from New Development Bank’s Maharaja Rupee Bonds from FY2026-27. Investors will receive their interest without an upfront tax deduction.
US Secretary of State Marco Rubio defended Washington's backing of Kyiv amid questions over Starlink satellite connectivity, as negotiations involving the United States, Ukraine and Russia focus on territorial disputes and long-term security guarantees.