In a potential blockbuster of IPL history, global spirits major Diageo has put its stake in Royal Challengers Bangalore (RCB) on the block, with Adar Poonawalla reportedly in the race as the franchise eyes a $2 billion valuation.
Domestic markets remained under pressure, with the Nifty extending its losing streak to eight sessions, dragged down by weakness in technology and select auto stocks, even as banks outperformed.
Gold prices surged to record highs, crossing ₹1.16 lakh per 10 grams, reflecting global bullion gains. On the policy front, a CNBC-TV18 poll suggests the Reserve Bank of India is likely to hold interest rates steady at its October 1 MPC meet.
Meanwhile, the southwest monsoon wrapped up 8% above normal, the Election Commission published Bihar’s final electoral roll, and the government cracked down on e-commerce platforms failing to pass on GST benefits.
Global affairs also remained in focus as US politics, Trump’s Gaza plan, and geopolitical developments shaped headlines.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Exclusive | Sources: Diageo puts RCB on the block; Adar Poonawalla in race as franchise eyes $2 bn valuation
In what could be one of the biggest franchise deals in Indian Premier League (IPL) history, global spirits major Diageo has initiated the process to sell its stake in Royal Challengers Bangalore (RCB), sources told CNBC-TV18.
Read More Here
Nifty posts an eight-session losing run, pressured by technology and autos
The stock market closed largely in the red on Tuesday, with the benchmark indexes extending their losing streak to eight straight sessions, dragged by weakness in technology and select auto stocks, even as banks outperformed.
Read More Here
Gold rates cross ₹1.16 lakh per 10 grams for the first time in India
Gold prices in India surged to an all-time high on Tuesday (September 30), with the rate of 24-carat gold crossing ₹1.16 lakh per 10 grams for the first time. The rise mirrors gains in global bullion prices, where spot gold touched $3,848.65 per ounce, adding nearly 12% in September.
Read More Here
JD Vance says government headed for 'shutdown' after meeting with Democrats
Vice President JD Vance said he believes the US is headed toward a shutdown, calling Democrats “unreasonable” as Republicans seek to pin the blame on their political opponents. “I think we’re headed into a shutdown because the Democrats won’t do the right thing,” Vance said Monday following a meeting with congressional leaders at the White House. “I hope they change their mind, but we’re going to see.”
Read More Here
RBI likely to hold interest rates at October 1 MPC meet: Poll
The Reserve Bank of India will announce its monetary policy decision on October 1, and a CNBC-TV18 poll indicates that most experts expect the central bank to keep interest rates unchanged. About 80% of respondents believe the RBI will hold rates, while 20% anticipate a 25-basis-point cut.
Read More Here
Monsoon 2025 ends with 8% above-normal rainfall, says IMD
The four-month southwest monsoon season ended on Tuesday (September 30) with India recording 8% above-normal rainfall, the India Meteorological Department (IMD) said, marking what its chief described as a “very successful” season despite multiple weather-related disasters.
Read More Here
LG Electronics India IPO to open on October 7, parent to sell over 10 crore shares
The Initial Public Offering (IPO) of LG Electronics India Ltd. will open for subscription on Tuesday, October 7, and close on Thursday, October 9. The IPO will see parent company LG Electronics Inc. sell up to 10.18 crore shares in what is likely to be a complete Offer For Sale (OFS) issue.
Read More Here
Election Commission publishes final electoral roll in Bihar ahead of assembly polls
The Election Commission on Tuesday announced the release of the "final electoral roll" in Bihar, taking into account all claims and objections to the draft lists published as part of the special intensive revision (SIR). Ahead of the assembly elections, the Chief Electoral Officer in Bihar announced on social media, tagging the Election Commission of India.
Read More Here
What Trump's Gaza plan holds for governance, economy, and Palestine's statehood | Explained
The US President Donald Trump, on September 29, announced a 20-point plan for establishing peace in the Israel-Hamas war, which is close to mark two years since it started on Oct 7, and has ravaged Palestine's Gaza Strip territory, killing thousands, displacing and putting the citizens at risk of famine.
Read More Here
Govt cracks down on e-commerce platforms for failing to pass on GST cuts
The Finance Ministry and the Central Board of Indirect Taxes and Customs (CBIC) have launched a crackdown on e-commerce platforms for failing to pass on the benefits of recent Goods and Services Tax (GST) rate cuts, sources told CNBC-TV18.
Read More Here
Beyond #Newsroom
Follow the CNBC-TV18 channel on WhatsApp
Catch crispy news updates on the go! - CNBCTV18 Minis
Watch all #videos under one segment- CNBCTV18 Binge
We bring you real-time updates and analysis of the stock market - Real-time market updates
We'll see you on Wednesday with another engaging 'Top 10@10.'
/images/ppid_59c68470-image-175916763545999506.webp)
/images/ppid_59c68470-image-175914754181044017.webp)
/images/ppid_59c68470-image-175912512523422003.webp)
/images/ppid_59c68470-image-1759142558830900.webp)
/images/ppid_59c68470-image-175915006266814531.webp)
/images/ppid_59c68470-image-175906003148113757.webp)
/images/ppid_59c68470-image-175914257368960538.webp)