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Savings Effect

Savings Effect

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Indian stock Market news in real time. Instagram page - @savingseffect Youtube Chanel coming soon. Official email - admin@savingseffect.com

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Ministry Of #Defence Signs ₹810.79 Cr Contract With #BharatDynamics For 160 Satellite Smart Anti-Airfield Weapons For #IAF 👉Delivery Of SAT-SAAW Is Scheduled Between 2027-28 And 2028-29

ConcordBiotech Approves Bonus Issue Of 1 Share For Every 1 Share Held

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Government has reduced the basic customs duty (BCD) on crude Soybean Oil and crude Palm Oil from 10% to 5% and on refined Soybean Oil and refined Palm Oil from 32.5% to 27.5%. Further, the BCD on crude Sunflower Oil has been reduced from 10% to Nil, while the BCD on refined Sunflower Oil has been reduced from 32.5% to 22.5%. Notification No. 31/2026-Customs dated 23rd September, 2026 has been issued to carry out the above changes. These are being made effective from 24th September, 2026.

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The Reserve Bank on Wednesday absorbed Rs 75,026 crore from the banking system through an overnight variable rate reverse repo (VRRR) auction amid surplus liquidity. The central bank received bids worth Rs 87,993 crore for a notified amount of Rs 75,000 crore, but it accepted only Rs 75,026 crore.

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🔻 GIFT Nifty crashes nearly 200 pts, signals gap-down start for Sensex, Nifty; US selloff, rising yields weigh - Indian indices to open lower due to US market fears. - US Treasury yields surge, raising rate hike concerns. -- Crude oil prices ease after a significant rally

Japan’s Nikkei rises as AI catch-up rally offsets yield worries Chip-related firms like Ibiden Co. and Socionext Inc. were among the Nikkei’s best performers, while software names like Baycurrent Inc. and Recruit Holdings Co. weighed.

At UN, Anthropic, OpenAI bosses urge caution in AI development: 'This moment calls for extreme care' -AI leaders warn UN Security Council of technology risks. -OpenAI CEO Sam Altman urges caution on AI development. -Anthropic CEO pledges to prioritize AI safety and slow down.

Microsoft to invest over $10 billion in Gulf cloud, AI infrastructure by 2030 -Microsoft to invest over $10B in Gulf by 2030. -Focus on cloud, AI infrastructure, and digital resilience. -Investments in UAE, Saudi Arabia, Qatar, and Kuwait.

Kavach 4.0 explained: What’s new in Indian Railways’ upgraded train safety system -Kavach 4.0 commissioned on South Central Railway. -It enhances train positioning and signal info. -Kavach 4.0 integrates with Electronic Interlocking Systems.

Ola Electric seeks board approval for proposed rights issue

Sebi considering margin rationalisation for longer-tenure derivatives: Tuhin Kanta Pandey - Sebi may lower margins for long-term derivative products. - Aims to boost long-term F&O market participation - Focus on ease of access and investor protection

➡️ NSE may debut at modest premium ➡️ Brookfield’s Avaada bet doubles returns as co repays its debt ➡️ MacBook Neo sales shine for Apple in grim laptop market ➡️ Irdai moots sweeping reset for insurance distribution ➡️ Brics to set up teams on transfer pricing

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