National Payments body pushes UPI merchant discount rate implementation till after Diwali

The founder and former chairman of NCC Limited, Dr. Alluri Venkata Satyanarayana Raju, died on Tuesday evening. He started his business career in the 1950s, created Nagarjuna Construction Company in 1978 and guided it for decades, shaping major infrastructure projects across India. The company said his values of integrity, quality and service will continue to influence its work.

Pope Leo XIV was chosen as the leader of the Roman Catholic Church in May 2025.

Paul Tudor Jones cautions that the U.S. stock market may face pressure in 2027 due to a wave of large technology IPOs, increased share offerings, fiscal deficits and possibly higher oil prices. He draws a comparison to the market conditions of 1999, suggesting that the surge in equity supply could weigh on stock valuations.

Both HD Fire Protect and Fusion CX are seeing their IPO shares trade at a high premium in the grey market. This indicates strong demand for the new listings before they begin official trading.

The Indian stock market is expected to start the day with little change or a slight decline after Tuesday’s rally, as investors await the upcoming second‑quarter earnings reports. Early trading signals show the Gift Nifty at 22,760, suggesting a possible opening gap down of around 100 points for the main indices.

A 27‑year‑old cafe owner in Lucknow died after falling from an apartment, prompting police to open a murder probe after his family reported he had been assaulted. The investigation has named his live‑in partner and four additional people as suspects, with relatives claiming the victim was detained and abused before the fall. A reward of Rs 25,000 has been offered for information leading to the identification of the model involved.