Punjab National Bank (PNB) anticipates generating approximately ₹1,500 crore in treasury income during the third quarter of FY26, following a strong ₹1,800 crore gain in the first half of the year. The state-owned lender expects a gradual rise in net interest margin (NIM)—by five basis points in Q3 and ten basis points in Q4—bringing the full-year guidance to between 2.8% and 2.9%.

In a major operational update, IndiGo, India’s largest airline by market share, has announced that it will operate flights from all three terminals—T1, T2, and T3—of Delhi’s Indira Gandhi International Airport (IGIA) starting October 26, 2025. The move is part of a strategic reorganisation aimed at enhancing passenger convenience and optimising airport capacity. The decision follows the completion of maintenance work at Terminal 2, which had temporarily shifted certain operations earlier this year.

The Pension Fund Regulatory and Development Authority (PFRDA) has unveiled a draft framework that seeks to recalibrate how retirement savings are accumulated and managed in India. Emphasising systematic wealth building rather than only lump-sum accumulation, the proposed architecture introduces fresh mechanisms for portfolio design, flexible funding options, and enhanced accountability of pension intermediaries. The initiative reflects the regulator’s growing focus on long-term income security and its recognition of shifting demographic, economic and market dynamics.

In a decisive step toward advancing India’s drone ecosystem, AVPL International has secured official authorization from the Directorate General of Civil Aviation (DGCA) to provide certified training for medium-class drone pilots. This approval empowers the company to train operators of drones weighing between 25 kilograms and 150 kilograms—a critical category for applications in agriculture, surveillance, logistics, and infrastructure monitoring.

Residential property markets in Hyderabad, Bengaluru, and Chennai are witnessing a significant uptick in sales, signaling renewed confidence among homebuyers and investors. Driven by favorable interest rates, improved developer incentives, and rising end-user demand, the southern metro real estate markets are outperforming national averages. Analysts note that both affordable and mid-segment housing have registered robust absorption, reflecting underlying urban migration trends and employment growth in IT, manufacturing, and services sectors.

Delhi woke up to a thick haze and acrid air the morning after Diwali, as the city’s air quality index (AQI) plunged into the ‘severe’ category, marking one of the worst pollution episodes of the season. Despite official restrictions on firecrackers, large-scale bursting across the National Capital Region (NCR) contributed to toxic smog that blanketed the skyline.

HDFC Bank shares edged higher after India’s largest private lender reported a solid second-quarter performance, buoyed by healthy loan growth and improved asset quality. Despite tighter margins and higher operating costs, the bank’s resilience in deposit mobilization and sustained retail lending drove investor optimism. Market analysts interpreted the results as a signal of the bank’s continued ability to navigate an evolving interest rate environment while maintaining profitability.

China’s Communist Party has convened a high-stakes meeting to outline its next five-year plan, marking a pivotal moment for the world’s second-largest economy as it grapples with slowing growth, rising U.S. tariffs, and a sweeping military purge. The upcoming policy roadmap, covering 2026–2030, is expected to prioritize technological self-reliance, national security, and high-quality growth over rapid expansion.

Avaada Electro Private Limited, a leading player in India’s solar manufacturing space and part of the diversified Avaada Group, has filed confidential draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth Rs. 10,000 crore. The public issue, comprising a mix of fresh equity shares and an offer-for-sale by existing investors, is expected to fund the company’s capacity expansion and strengthen its position within the rapidly growing renewable energy manufacturing ecosystem.

Reliance Industries Ltd. (RIL) shares surged in early trade on Monday after the conglomerate reported robust second-quarter earnings that exceeded market forecasts. The gains were driven by strong performance in its retail and telecom segments, alongside steady refining margins that reinforced investor confidence in the group’s diversified business model. The company’s consolidated net profit rose sharply, supported by revenue growth across key verticals and disciplined cost management.