🇮🇳🌍 Top 20 India & World Business News Stories

Thursday, October 1, 2026

Here are 20 major business, economy, markets, corporate and trade developments making headlines today, October 1, 2026.

🇮🇳 India Business News

1. Rupee Falls to Two-Month Low as Oil and Global Bond Yields Surge

The Indian rupee fell 0.5% to ₹96.315 per US dollar, its weakest level in two months. Rising global bond yields, higher crude prices and continued foreign portfolio outflows are putting pressure on India’s currency and financial markets.

2. Indian Stock Market Extends Losing Streak

Indian equity benchmarks continued to decline, with the Sensex and Nifty facing their fourth consecutive session of losses. Foreign fund outflows, elevated oil prices and rising bond yields have weighed on investor sentiment.

3. September GST Collections Cross ₹2 Lakh Crore

India’s gross GST collections rose 14.7% year-on-year to ₹2.04 lakh crore in September. Net GST revenue increased 18.1% to ₹1.77 lakh crore, representing the fastest six-month growth in net collections.

4. Government Extends RoDTEP Export Support

The government has extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until December 31, 2026. The move is intended to support exporters facing disruptions from geopolitical tensions, tariffs and changing global trade conditions.

5. India-EU Free Trade Agreement Moves Toward Completion

India and the European Union are nearing the final stages of their long-running trade negotiations. Commerce Minister Piyush Goyal met the EU envoy as both sides work toward completing the agreement after years of negotiations.

6. India-New Zealand Trade Agreement Set for October 20

The India-New Zealand free-trade agreement is scheduled to come into force on October 20. The pact is designed to expand two-way trade in goods and services and create greater market access for businesses in both countries.

7. India Sees Stronger Motor-Car Exports to EFTA Markets

India’s automobile exports to the European Free Trade Association markets are showing significant growth following implementation of the India-EFTA trade agreement. The development is being highlighted as evidence of growing opportunities for Indian manufacturers in overseas markets.

8. October Brings Major Changes for Businesses and Consumers

Several financial and regulatory changes take effect from October 1, including new banking rules, changes involving UPI transactions, NPS charges and LPG-related requirements. These measures could affect operating costs and financial planning for households and businesses.

9. RBI’s New Bulk-FD Rules Take Effect

New RBI rules governing bulk fixed deposits come into effect from October 1. Banks can offer differentiated interest rates depending on factors including liquidity risk, changing the way large depositors may be offered rates.

10. Indian IT Companies Face Challenging September Quarter

India’s major IT-services companies are heading into the September-quarter earnings season amid concerns about cautious corporate technology spending and the potential impact of artificial intelligence on traditional services. Analysts expect another relatively weak earnings period for the sector.

11. Tech Mahindra Board to Consider Dividend and Bonus Issue

Tech Mahindra has announced that its board will meet on October 15 to consider an interim dividend for FY27 and a possible bonus-share issue. The board will also review second-quarter and first-half financial results.

12. L&T Signs Dubai Infrastructure Contracts Worth More Than ₹3,500 Crore

Larsen & Toubro’s transportation-infrastructure division has formally executed two contracts worth more than ₹3,500 crore with Dubai’s Roads and Transport Authority. The projects involve development of the Latifa Bint Hamdan Corridor.

13. Reliance Industries Raises ₹13,000 Crore Through Bonds

Reliance Industries has raised ₹13,000 crore through 10-year bonds carrying a 7.90% coupon. The fundraising takes the company’s domestic bond borrowings during September to around ₹25,000 crore.

14. Bata India Appoints Sanjay Rao as New MD and CEO

Bata India has appointed Sanjay Rao as Managing Director and Chief Executive Officer. He succeeds Gunjan Shah, who is completing a five-year tenure leading the footwear company.

15. NCC Wins Additional Orders Worth ₹500 Crore

NCC has received two additional orders during September worth a combined ₹500.22 crore. About ₹224.74 crore relates to its buildings division, while ₹275.48 crore comes from transportation projects.

🌍 World Business News

16. Global Bond Rout Pushes US Treasury Yield to 5.34%

Global bond markets are under renewed pressure, with the US 10-year Treasury yield reaching 5.34%, its highest level since 2002. Borrowing costs have also climbed sharply in Britain, Japan and parts of Europe, raising concerns about government finances and corporate borrowing.

17. Oil Prices Return Above $100 Amid Supply Concerns

Brent crude has moved back above $100 a barrel as disruptions to Middle Eastern energy supplies continue. China has suspended October fuel-product exports, while Russia has extended restrictions on diesel exports, adding pressure to global fuel markets.

18. Accenture Shares Surge After Strong Earnings

Accenture shares jumped about 22% after the consulting giant reported stronger-than-expected quarterly results. The performance has eased some concerns that artificial intelligence could rapidly undermine demand for traditional consulting and technology services.

19. Micron Reports Strong AI-Driven Demand

Memory-chip maker Micron reported strong results and highlighted substantial demand for AI-related memory products. The company has reported financial commitments for AI memory chips of around $32 billion, although its shares fell as investors questioned how long the current AI investment boom can continue at its present pace.

20. Paramount-Warner Bros Discovery Merger Nears Closing

Paramount Skydance and Warner Bros Discovery have said they expect their proposed $81 billion merger to close on October 6, subject to customary closing conditions. The transaction could significantly reshape the global entertainment and streaming industry.

📊 Major Business Themes Today

• Indian rupee: ₹96.315/$ amid global market pressure
• GST: ₹2.04 lakh crore gross collections in September
• Indian equities: Fourth consecutive session of losses
• Oil: Brent back above $100
• Bonds: US 10-year yield reaches 5.34%
• Trade: India-EU and India-New Zealand agreements advance
• Exports: RoDTEP support extended
• Technology: AI continues to drive semiconductor investment
• Corporate India: IT earnings outlook remains challenging
• Global business: Higher borrowing costs are increasingly affecting markets and companies.