Tata Capital’s Rs 15,511-crore IPO, the largest by a Tata Group entity and NBFC, opens October 6-8, priced at Rs 310-326 per share. The offer includes fresh shares for capital and an OFS, valuing the firm at up to Rs 1.38 lakh crore. Management highlights strong retail and SME credit growth, leveraging the Tata brand

Moody’s Ratings affirmed India’s sovereign rating at Baa3 with a stable outlook, citing its fast-growing economy and sound external position. India is projected to remain the fastest-growing G20 economy, with 6.5% growth in FY25-26. While US tariffs pose long-term risks, other US policy shifts are not expected to significantly impact India’s current account.

Gold and silver prices surged to unprecedented all-time highs in the domestic market on Monday, propelled by international rallies amid US government shutdown fears, trade jitters, and a weakening rupee. Silver neared Rs 1.5 lakh/kg, while gold approached Rs 1.2 lakh/10gm. Expectations of US Fed rate cuts further fueled this safe-haven buying.

Stock market recommendations: Somil Mehta of Mirae Asset Sharekhan recommends Apl Apollo Tubes Ltd and Hindustan Zinc as top stocks to buy today. Both stocks exhibit bullish flag patterns and positive momentum indicators.

After six sessions of continuous selling, traders anticipate a potential market bounce-back on Monday, despite an underlying weak trend. US-India trade uncertainties, including H-1B visa fee hikes and pharma tariffs, continue to weigh on sentiment. Foreign fund activity and the upcoming RBI policy decision will be crucial in determining market direction.

The RBI’s monetary policy committee is widely expected to keep policy rates unchanged this week, balancing resilient growth and benign inflation against external uncertainties. While a pause is the base case, a dovish tone is anticipated. Some economists, including SBI, advocate for a 25-basis-point cut, citing the benign inflation trajectory.

The RBI has ordered Bengaluru-based BNPL firm Simpl to immediately cease its payments operations for running a system without explicit central bank authorization. This action is part of the RBI’s broader campaign to regulate digital credit, addressing concerns over unsecured lending and weak oversight. Simpl also faces Enforcement Directorate scrutiny for alleged FDI and foreign

English-language business news channel ET NOW has launched two compelling new programmes: ‘South Central’ and ‘The Interview with Ayesha Faridi’. ‘South Central’, airing weekdays at 5:30 pm, will delve into South India’s economic and cultural impact. Meanwhile, ‘The Interview’, premiering Friday, features executive editor Ayesha Faridi engaging India’s most powerful voices in weekly 25-minute conversations,

Jaguar Land Rover secured a £1.5 billion ($2 billion) loan, backed by the UK government, to alleviate pressure on suppliers. This financial support comes after a cyberattack forced the carmaker to halt production at plants across several countries, significantly disrupting its wider supply chain. The loan, guaranteed by UK Export Finance, is repayable over five