🗞️ Asian Paints Q4 Profit Jumps 69%, Dividend Declared
Asian Paints reported a 69% year-on-year surge in consolidated net profit to ₹1,172 crore in Q4. The board declared a final dividend of ₹23 per share, rewarding investors after a strong finish to FY26.
💬 Expert Take — “Asian Paints’ Q4 recovery signals that urban consumption and real estate activity are holding up — a positive read-through for the broader discretionary sector.”
🗞️ HDFC Bank Shares Fall 5% Over Two Sessions on ₹45 Crore Payment Row
HDFC Bank shares declined 5% over two consecutive sessions following reports of a ₹45 crore differential interest payment. The bank responded to the controversy, maintaining that the claims are incorrect. Sentiment around the stock remains cautious pending full clarity.
🗞️ Did LIC Shares Really Crash 50%? Here’s the Bonus Math
LIC shares appeared to drop 50% in a single day — but it’s not a crash. The sharp move is a result of a bonus issue, which adjusts the stock price proportionally when new shares are issued to existing shareholders. No value was lost.
🗞️ Indian Small Businesses Post Strongest Growth Since COVID
A CPA Australia survey found that 80% of Indian small businesses reported growth in 2025 — well above the Asia-Pacific average of 63%. Investment in AI jumped from 26% to 36% of businesses, and 89% of Indian MSMEs generated over 10% of their revenue through digital payments, the highest in the region.
🗞️ India–Canada Lock In $50 Billion Trade Target, Plan November Mission
India and Canada reaffirmed the CEPA push at the Canada-India Investment Roundtable, attended by Canadian pension funds, banks and institutional investors. A Team Canada Trade Mission to India is scheduled for November 2026, focusing on AI, critical minerals, semiconductors and clean technology.
🗞️ RBI Cuts Currency Printing Costs by 23.5%
The RBI has slashed currency printing costs by 23.5% even as cash circulation continues to rise alongside digital payment adoption. The move reflects the central bank’s effort to manage the economics of physical currency in a hybrid payments era.
🗞️ Fake ₹500 Notes Surge 20% Across Banking System
Counterfeit ₹500 notes have risen 20% across India’s banking system, raising fresh concerns about currency integrity. The ₹500 denomination remains the most counterfeited note in circulation, putting pressure on banks and the RBI to strengthen detection mechanisms.
🗞️ Vedanta Gets Highest Credit Rating in Over a Decade
Vedanta secured its highest credit rating in more than ten years following an ICRA upgrade. The development signals a significant improvement in the company’s financial health and debt management after years of deleveraging efforts.
📊 Market Update
📉 Sensex: 74,775.74 ▼ 1,092.06 pts (-1.44%)
📉 Nifty 50: 23,547.75 ▼ 359.40 pts (-1.50%)
🪙 Gold (per gram): 24K ₹15,764 ▲ ₹158 | 22K ₹14,450 ▲ ₹145 | 18K ₹11,823 ▲ ₹119
🥈 Silver (per kg): ₹2,80,000 ▲ ₹5,000