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Punjab National Bank reported a 12.8% increase in Q2 net profit to ₹5,532 crore, with improved net interest margin and stable asset quality. Analysts expect further growth as loan advances rose 14.7% year-on-year, supporting positive market performance.
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US President Trump's waiver of tariffs on Russian oil imports offers India temporary relief but no lasting tariff certainty. The Global Trade Research Initiative warns the waiver is reversible and the US may reinstate tariffs to influence trade talks.
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The ITAT ruled that a Singapore-based NRI who paid tax on ₹17.15 lakh long-term capital gains from mutual funds can claim exemption under the India-Singapore DTAA. The case highlights how non-resident Indians can seek treaty benefits even after filing returns.
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IIT JAM 2027 registration ends today for admission to 3,000 postgraduate seats across 23 IITs. Learn about application steps, fees, eligibility, exam schedule, and important dates for this computer-based test on February 14, 2027.
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PC Jeweller's shares surged 14.5% to a 52-week high following the release of all mortgaged assets and clearance of outstanding debt with 14 banks. The company reported a 28% revenue growth in Q2 FY27, reflecting strong consumer demand despite broader market weakness.
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Ultratech Cement reported a 21.3% increase in net profit for Q2 FY27, reaching ₹1,501 crore. The company achieved 13.8% growth in grey cement sales despite rising input costs and market volatility, with revenue up 18% year-on-year to ₹23,024 crore.
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As of October 19, 2026, CBSE has not released the Class 10 and 12 board exam date sheets for 2027. Students should monitor cbse.gov.in for official updates and review latest LOC and private candidate exam form notices.
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Several leading mutual funds including ICICI Prudential, HDFC, Tata, and Invesco have temporarily suspended fresh subscriptions and registrations for Gold fund SIPs and STPs starting October 16, 2026. Existing systematic transactions will continue as per mandates.
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IIT Bombay students protest over campus security and political involvement following the suicide of a BTech student. They fear disruptions may affect placements and academic routines due to external political influence and police actions on campus.
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On October 19, 2026, the Sensex dropped over 1,000 points from its day’s high amid weak global cues and sector sell-offs. Stocks like Ixigo, Punjab National Bank, HFCL, and Larsen & Toubro showed strong gains, while private banks and IT shares declined. Key financial results and market movements are detailed.
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Jio Platforms aims to raise ₹30,213 crore through its IPO from October 21 to 23, 2026. Institutional investors have shown strong interest, with anchor book demand exceeding ₹8,110 crore by over 30 times, highlighting confidence in the telecom and digital services firm.
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Sahajanand Medical Technologies' ₹475.48 crore IPO, an offer for sale of 1.38 crore shares by existing shareholders, received 2.05 times subscription on the final day. The IPO includes no fresh issue, and allotment is expected on October 21 with listing on October 23.
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Delhi University has announced the PhD entrance test pattern and syllabus for 2026-27 admissions. The test carries 70% weightage, with the interview contributing 30%. Candidates must meet CGPA criteria and complete a research or entrepreneurship project to be eligible.
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FMCG stocks have dropped 18% in 2026 due to rising input costs squeezing profits. Companies face challenges balancing price hikes and consumer demand, especially in rural and price-sensitive markets. Margin recovery looks difficult in the second half of fiscal year 2027.
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Urban Company shares fell over 9% intraday following a widened net loss of ₹182.48 crore in Q2FY27. The loss increase is mainly due to higher investments in the InstaHelp vertical. Revenue rose 41.4% year-on-year to ₹537.29 crore despite the losses.
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HFCL reported its best-ever quarterly performance in Q2 FY27, with net profit rising nearly five times to ₹394 crore. Revenue surged 143% year-on-year, driven by strong growth in telecom products. Shares hit a 5% upper circuit on the NSE.
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Union Bank of India reported a 30% rise in net profit to ₹5,537 crore in Q2 2026, with net interest income up 20% and improved asset quality as gross non-performing assets fell to 2.42% of total advances.
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Ixigo reported a 13% year-on-year revenue increase to ₹321 crore in Q2 FY27, driven by a 2.6x growth in hotel gross transaction value. The company also posted a net profit of ₹61.25 crore, reversing last year's loss, supported by strong performance in flights, buses, and hotels.
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