Financial Summary: Wednesday, October 15, 2025

The Gem & Jewellery Export Promotion Council is addressing a silver shortage that is impacting India's jewellery exports amid rising prices.

The IMF has increased India's economic growth forecast for FY26 to 6.6%, showcasing the country's resilience to external challenges.

The Reserve Bank of India's T+0 cheque clearing system is now stable, allowing for same-day credit for presented cheques.

India's inflation has fallen to an eight-year low, leading to discussions about potential interest rate cuts by the Reserve Bank.

Many individuals are recognizing key signs of achieving their financial goals, including increased savings and investment growth.

The Trump administration has announced a new round of student loan forgiveness, with eligible borrowers set to receive notifications.

Donald Trump proposes a $20 billion financial support plan for Argentina, contingent on the election of libertarian candidate Javier Milei.

China's consumer prices fell more than expected in September, indicating ongoing deflation amid weak demand.

The U.S. Department of Justice has seized $15 billion in bitcoin linked to a major cryptocurrency scam originating from Cambodia.

The IMF has raised its 2025 global growth forecast to 3.2%, while cautioning about the impact of US-China trade tensions.

Sanae Takaichi's campaign to become Japan's first female prime minister faces significant challenges from opposition unity strategies.

The UK government defends its welfare system amid criticism, highlighting controlled spending and high employment rates.

The US warns of potential economic decoupling from China if Beijing enacts new export controls on rare earths and critical minerals.

Stellantis announces a $13 billion investment plan to enhance U.S. auto manufacturing as part of its turnaround strategy.

Grindr is exploring a buyout with interest from major investors and has formed a committee to assess proposals.

ICICI Lombard reports an 18% increase in Q2 net profit, leading to a 6% rise in its share price.

Ola Electric plans to enter the energy sector with a new product launch scheduled for October 2025.

Tata Motors completes the demerger of its commercial vehicle arm, with shares expected to list at ₹260.75.

Persistent Systems shares rise 6% following a 45% YoY increase in Q2 net profit.

Thyrocare Technologies shares surge 16% to a 52-week high after reporting an 82% YoY growth in Q2 PAT.

HDFC Life Insurance's Q2 net profit rose 3% YoY to Rs 448 crore, with net premium income increasing by 14%.

Axis Bank's standalone net profit fell 26% YoY to Rs 5,090 crore due to increased provisions.

HDFC AMC announces its first-ever 1:1 bonus share issue, enhancing stock liquidity for investors.

Paytm receives a 'Buy' upgrade from Axis Capital, driven by growth in credit-linked payments.

Tata Communications reports a 27% drop in Q2 profit to Rs 183 crore, despite a revenue increase.

IRFC's Q2 net profit increased by 10% YoY to Rs 1,777 crore, although total revenue fell by 8%.

Eternal's Q2 revenue is projected to surge by 137% YoY, driven by Blinkit, but profitability may fall by up to 71% due to rising costs.

Morgan Stanley's profits exceeded estimates, driven by a boost in dealmaking activities, leading to a surge in shares.

BlackRock's AI Consortium is set to acquire Aligned Data Centers in a landmark $20 billion deal.

Roblox shares surged following an announcement of a deeper collaboration with Mattel, signaling potential growth in their partnership.

Kendra Scott has expanded its product line into Western wear with the launch of a new boot collection, tapping into current fashion trends.

ABF has increased its stake in the UK-based ready-meals business Cook, indicating a strategic move in the food sector.

Qualcomm faces challenges in China after crossing a regulatory line, raising concerns about its future operations in the region.

Bank of America and BNY Mellon are facing lawsuits over their financial ties to Jeffrey Epstein, accused of benefiting from his sex trafficking operations.

United Airlines reported summer earnings that exceeded estimates, but its revenue fell short, projecting adjusted earnings of $3 to $3.50 per share for Q4.

DuPont is shifting its focus away from electronics to concentrate on health care, water, and diversified industrials as part of its restructuring.

CEOs from Wells Fargo and Pfizer warned that the U.S. risks losing its competitive edge to China without increased innovation and consistent policy.

LVMH shares surged 12% after the luxury goods giant reported growth for the first time this year, driven by strong brand performance.

Cybercriminals have stolen nearly a billion records from companies using Salesforce's software, raising significant data security concerns.

Apple unveiled new MacBook Pro, iPad Pro, and Vision Pro models featuring the updated M5 chip for enhanced performance.

D-Wave secured a contract with Swiss Quantum, marking a significant development in the quantum computing sector.

Anthropic has launched Claude Haiku 4.5, a smaller and more affordable AI model, shortly after the release of Claude Sonnet 4.5.

OpenAI CEO Sam Altman defends the company's decision to allow erotica content on ChatGPT amid public backlash.

Indian stock markets rebounded with the Sensex rising 575 points amid optimism over potential U.S. Federal Reserve interest rate cuts.

Gold prices reached an all-time high as investors sought safety due to escalating US-China trade tensions.

European stocks rose, driven by LVMH's strong performance, easing fears of a global economic slowdown.

RBL Bank shares surged 5% following news of a potential investment from Emirates NDB Bank, indicating strong market interest.

US stocks opened higher on strong bank earnings and a rally in chip stocks, reflecting positive market sentiment.

Sebi banned eight individuals from capital markets due to insider trading, resulting in illegal gains of over Rs 173 crore.

Nuclear stocks surged following the U.S. Army's announcement of a program to deploy small reactors, driven by AI power demand.

RYVYL stock surged 12% after receiving NASDAQ approval ahead of a merger announcement, indicating strong market interest.

Despite a strong start, markets faced a sudden downturn in afternoon trading, reflecting ongoing volatility.

Strong earnings from major banks have boosted the S&P 500, indicating continued economic health.

U.S. natural gas futures fell as mild weather affects demand ahead of upcoming inventory data.

The Fed's Beige Book reveals that tariffs are raising prices, impacting consumers and business strategies.