India’s benchmark BSE Sensex fell 245 points in today’s trading session, reflecting persistent volatility in domestic equity markets. The decline comes amid mixed corporate earnings, global cues, and investor caution over macroeconomic factors including inflation trends and interest rate expectations. Sectoral movements were uneven, with banking and IT stocks leading losses, while select consumer and energy stocks provided modest support.

HDFC Asset Management Company (AMC) posted a robust 20% year-on-year increase in net profit for the third quarter, reaching Rs 770 crore, driven by higher assets under management (AUM) and steady fee income. The performance reflects sustained investor confidence, healthy fund flows, and improved operational efficiency across equity and debt schemes. Analysts note that the AMC’s diversified product portfolio and disciplined cost management have helped mitigate market volatility.

India’s milk production has witnessed a significant boost, driven by the adoption of high-yielding cattle breeds and improved dairy management practices. Enhanced breeding programs, better nutrition, and modern husbandry techniques have collectively increased per-animal milk yield, strengthening both rural livelihoods and the dairy supply chain. The rise in output supports domestic demand for milk and value-added dairy products while enhancing India’s position as the world’s largest milk producer.

Skoda Volkswagen India reported a 36% year-on-year increase in sales in 2025, reflecting strong demand for its portfolio of passenger vehicles across domestic and export markets. The growth was fueled by a combination of refreshed product launches, attractive financing options, and rising consumer preference for premium and value-for-money vehicles. Industry analysts note that the performance underscores the resilience of organized automotive players in a competitive landscape, despite global supply-chain pressures and evolving regulatory requirements.

With Budget 2024 on the horizon, analysts expect a significant government push on capital expenditure to sustain economic growth amid cautious private sector sentiment. While domestic businesses remain circumspect due to cost pressures, global uncertainties, and tightening financing conditions, public investment in infrastructure, transport, and urban development is anticipated to act as a growth catalyst. Experts suggest the Budget could combine targeted fiscal measures with incentives for private investment, balancing immediate growth objectives with long-term development goals.

Mercedes-Benz is set to begin local manufacturing of the GLS Maybach in India, marking a significant step in the company’s strategy to deepen its presence in the country’s fast-growing luxury car market. The move reflects rising demand for ultra-luxury vehicles among affluent Indian consumers and underscores the automaker’s confidence in domestic manufacturing capabilities. By assembling the flagship SUV locally, Mercedes-Benz aims to improve supply efficiency, optimize costs, and offer customers faster delivery timelines.

Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd. (BPCL) have reported oil discoveries in an onshore exploration block in Abu Dhabi, reinforcing India’s growing footprint in overseas energy assets. The discovery highlights the outcome of sustained exploration efforts and strategic partnerships in one of the world’s most prolific hydrocarbon regions. While the commercial viability will be assessed through further appraisal, the development is seen as a positive step toward enhancing long-term energy security.

India’s auto component industry recorded a 6.8% growth during the April–September period of FY26, reflecting stable demand from vehicle manufacturers and improving export traction, according to industry body ACMA. The performance highlights the sector’s resilience amid global uncertainty and cost pressures. Growth was supported by sustained domestic automobile production, a gradual pickup in exports, and continued investments in capacity and technology.

India’s economy is expected to maintain a robust growth trajectory in the current financial year, with gross domestic product projected to expand between 7.5% and 7.8%. The optimistic forecast reflects resilient domestic demand, sustained government capital expenditure, and improving private investment activity. Strength in services, steady manufacturing output, and a gradual recovery in rural consumption are expected to underpin expansion.

Online investment platform Groww posted a 28% year-on-year decline in net profit for the second quarter, even as its income rose 26%, highlighting the cost pressures accompanying rapid expansion. The contrasting performance reflects higher spending on technology, compliance, and customer acquisition as the company scales its offerings in a competitive fintech landscape. While revenue growth underscores strong user engagement and rising transaction volumes, profitability was weighed down by elevated operating expenses.