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16th October, New York – During an open debate at the United Nations Security Council (UNSC) on the sensitive situation in the Middle East, India delivered a firm and clear national statement. Expressing deep concern over the ongoing tensions in the region, Ambassador P. Harish, India's Permanent Representative to the United Nations, made it clear that India has significant and direct interests in maintaining the security and stability of the entire region. In a statement, India's Permanent Mission to the UN in New York reported that Ambassador Harish emphasised that approximately 10 million Indian nationals currently reside in the countries of the Gulf Cooperation Council (GCC). As a result, any unrest or conflict in the Middle East directly affects the lives and livelihoods of expatriates. Speaking at the international forum, India strongly called on all parties concerned to exercise utmost restraint, immediately de-escalate hostilities and tensions, and return to dialogue an...

Qualified Institutional Buyers portion subscribed 1.12 times on Day 2 Issue closes on Monday, October 19, 2026, for bidding 16 October, Mumbai: The Initial Public Offering of Sahajanand Medical Technologies Limited was subscribed xxx times on the second day of bidding, demonstrating strong demand from retail and Qualified Institutional Buyers (QIB) for this IPO. The issue received bids of 80,36,270 equity shares against the offered 97,50,482 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed, 0.83 times and 0.51 times, respectively. Qualified Institutional Buyers (QIB) was subscribed 1.12 times. The issue kicked off for subscription on Thursday, October 15, 2026, and will close for subscription on Monday, October 19, 2026. A day before the opening of the issue, Sahajanand Medical Technologies Limited had raised nearly Rs 140 crore from anchor investors. Brokerage houses recommend company Leading brokerage firm...

National, 16 th October 2026: This Diwali, TATA Starbucks is giving festive gifting a new flavour with an exclusive collection created in collaboration with homegrown fine chocolate brand Paul & Mike. Bringing Starbucks coffee point of view to the world of fine chocolate, the collection takes cues from much-loved coffee notes and the flavours of India and Diwali to create something familiar, yet full of discovery. Coffee and chocolate may be natural companions, but this collaboration explores what happens when they are brought together with the flavours of the festive season. Working closely across flavour, texture and technique, the two teams have created unexpected interpretations that move between the distinctly coffee-inspired and the unmistakably festive. Caramel Macchiato finds a new expression in chocolate, while Saffron Pista and Pista Katli bring familiar Indian flavours into a contemporary assortment creating a collection made to gift, share and discover together. Mital...

MUMBAI, INDIA — At the CII Big Picture Summit 2026 in Mumbai, Rohit Guptaa, Founder and CEO of vertical microdrama platform Reeloid Media, raised key questions regarding policy support for the emerging microdrama industry and the creator economy. Speaking directly to Shri C. Senthil Rajan, Joint Secretary in the Ministry of Information and Broadcasting (MIB), Government of India, Guptaa highlighted the need for dedicated government guidelines and industry recognition for vertical short-form narrative content. Vertical microdramas—structured, episodic series produced specifically for smartphone screens—represent one of the fastest-growing segments in digital media. Unlike random short clips or social media reels, microdramas deliver serialized storytelling designed for mobile-first audiences. During the interactive session, Guptaa emphasized that as audience viewing habits evolve toward mobile-first storytelling, India has an opportunity to lead global digital entertainment. He urged po...

HDFC Life H1FY27: Q2 individual weighted received premium (WRP) growth ahead of private industry; VNB grows 12%, ahead of APE; 24.7% New Business Margin Mumbai, October 15, 2026: The Board of Directors of HDFC Life approved and adopted the reviewed standalone and consolidated financial results for the half year ended September 30, 2026. Vibha Padalkar, MD & CEO, HDFC Life, said:   “On macroeconomic front, Reserve Bank of India raised its FY2027 growth projection to 7.1% from 6.7%, reflecting continued resilience in domestic economic activity, while the fiscal position remains well managed. At the same time, the RBI raised the policy repo rate by 25 basis points to 5.50% and moved to a stance of calibrated tightening, given elevated energy prices and a below-normal monsoon, which remain the key risks to inflation. Broadly, we expect macro conditions to remain stable, which in turn should support steady growth for the...