India's GDP is booming, but stock market is crashing: What's going wrong?
https://timesofindia.indiatimes.com/business/india-business/indias-gdp-is-booming-but-stock-market-is-crashing-whats-going-wrong/articleshow/134786666.cms
https://timesofindia.indiatimes.com/business/india-business/indias-gdp-is-booming-but-stock-market-is-crashing-whats-going-wrong/articleshow/134786666.cms
India is experiencing impressive GDP growth of 7.8%, while the World Bank revises its growth outlook to 7.1%. Yet, Dalal Street faces turbulence as benchmark indices suffer losses exceeding 1%. This is largely due to foreign investors offloading shares and rising bond yields globally, fostering a cautious sentiment in the market.
US sanctions Indian firms, individuals as Iran oil crackdown widens
https://timesofindia.indiatimes.com/business/india-business/operation-economic-outcast-us-sanctions-two-mumbai-firms-five-indians-over-alleged-iran-oil-trade/articleshow/134800174.cms
https://timesofindia.indiatimes.com/business/india-business/operation-economic-outcast-us-sanctions-two-mumbai-firms-five-indians-over-alleged-iran-oil-trade/articleshow/134800174.cms
On Thursday, the United States targeted two Mumbai-based companies over their alleged oil trade involvement with Iran. The sanctions affected five Indian nationals connected to SSPL Solutions Private Limited and Samudra Marine Services Private Limited. These measures are part of a broader crackdown on Iran under 'Operation Economic Outcast'. The U.S. government aims to curb Iranian oil revenues fueling military and cyber activities.
GST Council scraps tax officers' arrest powers, eases refund rules
https://timesofindia.indiatimes.com/business/india-business/gst-council-scraps-tax-officers-arrest-powers-eases-refund-rules/articleshow/134800724.cms
https://timesofindia.indiatimes.com/business/india-business/gst-council-scraps-tax-officers-arrest-powers-eases-refund-rules/articleshow/134800724.cms
The GST Council has proposed major procedural changes to enhance business operations and tax compliance. These reforms aim to streamline registration, refunds, and input tax credit processes while lowering compliance costs. Additionally, the council will remove officers' powers for arrests under the GST framework. Processing of refunds will be expedited, with a goal to resolve claims within three days.
Starlink entry row: Is Ambani the real boss of India, asks Elon Musk
https://timesofindia.indiatimes.com/business/india-business/stralinks-india-entry-row-is-ambani-the-real-boss-of-india-asks-elon-musk/articleshow/134800745.cms
https://timesofindia.indiatimes.com/business/india-business/stralinks-india-entry-row-is-ambani-the-real-boss-of-india-asks-elon-musk/articleshow/134800745.cms
Elon Musk has raised concerns about regulatory obstacles facing Starlink's introduction in India. He claimed influential figures might be hindering the process and questioned if Ambani controls the situation. In response, India's government reaffirmed its fair and non-discriminatory approach, rejecting Musk's allegations. Other companies like Reliance Jio and Eutelsat OneWeb are also vying for approval to offer satellite services.
Perfect storm: Sensex slips amid rising oil, bond yields
https://timesofindia.indiatimes.com/business/india-business/perfect-storm-sensex-slips-amid-rising-oil-bond-yields/articleshow/134803327.cms
https://timesofindia.indiatimes.com/business/india-business/perfect-storm-sensex-slips-amid-rising-oil-bond-yields/articleshow/134803327.cms
Brent crude prices surged to over $105 per barrel, affecting the Indian stock market negatively. The Sensex dropped 1,045 points, significantly impacting investor wealth by Rs 10 lakh crore. Foreign portfolio investors sold stocks worth approximately Rs 13,000 crore, marking a high level of outflows. The ongoing market decline has led to a nine-week losing streak, which could become the longest on record.
Oil prices today: Brent slips as Trump cites 'productive talks' with Iran
https://timesofindia.indiatimes.com/business/international-business/oil-prices-today-brent-slips-as-trump-cites-productive-talks-with-iran/articleshow/134804669.cms
https://timesofindia.indiatimes.com/business/international-business/oil-prices-today-brent-slips-as-trump-cites-productive-talks-with-iran/articleshow/134804669.cms
Stock recommendations: Which stocks should you buy or sell on October 9, 2026?
https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-october-09-2026-axis-bank-authum-investment-infrastructure-ltd-dixon-stocks-to-buy-or-sell-today/articleshow/134800106.cms
https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-october-09-2026-axis-bank-authum-investment-infrastructure-ltd-dixon-stocks-to-buy-or-sell-today/articleshow/134800106.cms
Stock market recommendations: Axis Bank, and Authum Investment & Infrastructure Ltd have been recommended as the top stocks to buy today on October 9, 2026 by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One.