BOJ SEES INFLATION NEAR 2% TARGET, PREPARES POLICY PIVOT

GOLD SLIPPED TO $4,134.91 AN OUNCE AS ELEVATED OIL PRICES FUELED INFLATION CONCERNS, SUPPORTING EXPECTATIONS THAT INTEREST RATES COULD REMAIN HIGHER FOR LONGER. FED CHAIR KEVIN WARSH FAVORED HOLDING RATES STEADY AT THE UPCOMING MEETING, EVEN AS TRADERS PRICED IN A 90% CHANCE OF ANOTHER RATE HIKE BY YEAR-END.

OIL HELD NEAR ELEVATED LEVELS AMID MIDDLE EAST SUPPLY RISKS, WHILE US 10-YEAR TREASURY YIELDS REMAINED AT 5.14% AFTER RISING SEVEN BASIS POINTS. GOLD SLIPPED TO AROUND $4,130 AN OUNCE, WHILE FRENCH POLITICAL UNREST ADDED PRESSURE TO EUROPEAN BONDS AND THE EURO.

GALLANTT ISPAT Q2 FY27

Net Profit: ₹60.50 Cr ↓32% YoY | ↓51% QoQ

Revenue: ₹1,145.90 Cr ↑13% YoY | Flat QoQ

EBITDA: ₹110 Cr ↓17% YoY | ↓41% QoQ

EBITDA Margin: 9.6% vs 13.0% YoY | 16.2% QoQ

Yes Bank Ltd – CREDIT RATING UPDATE

Moody’s Investors Service issued ratings release:

- Outlook on the ratings remains Stable

Trump Says Agriculture Department Will Roll Out $8 Billion Support Program for Farmers Facing Harvest Fuel Costs

Trump Says Iran Has Lost Its Commanders After US Strikes Destroyed Radars and Air Defenses - AJABreaking

Trump Announces Progress Toward Major Agreement Between US and Mexico

Trump Says NATO Allies Refused to Assist the US in Its War With Iran - FT

U.S. VP VANCE SAYS UKRAINE SHOULD NOT BE IN NATO AND THAT THE U.S. AND UKRAINE SOMETIMES HAVE DIVERGENT INTERESTS, ADDING THAT HE THINKS TRUMP WOULD ENDORSE HIM IF HE RUNS IN 2028

Jio Platforms Targets Record-Breaking Indian IPO Despite Market Downturn and Musk’s Pressure - FT

KALLAS SAYS WORKING WITH TURKEY, INDIA, OTHERS FOR BLACK SEA DEAL; BLACK SEA ARRANGEMENT WOULD PROTECT LIVES, SUPPLIES

EUROPE'S GAS BENCHMARK EXCEEDS €90 FOR FIRST TIME SINCE 2022

RUBIO: WE'LL DISCUSS INDIAN REFINING OF VENEZUELAN CRUDE

RAILTEL CORPORATION OF INDIA LIMITED: CO. SECURES ORDER WORTH ₹47.4 CRORE FROM HARYANA STATE ELECTRONICS DEVELOPMENT CORPORATION FOR SITC OF STRUCTURED LAN; EXECUTION PERIOD UNTIL APRIL 2028

US ADP WEEKLY EMPLOYMENT CHANGE SEP 26: 18.500K (PREV 24.750K)

VENUS PIPES & TUBES LIMITED: CO. COMMENCES PIPE SPOOLING OPERATIONS AHEAD OF SCHEDULE; RECEIVES LOI WORTH ₹185 CRORE FROM DATA CENTRE CUSTOMER; FASTER EXECUTION AND DISPATCH EXPECTED ONCE ORDERS ARE RECEIVED.

APPLE: ANNOUNCES NEW AMERICAN MANUFACTURING PROGRAM PARTNERS FOR IPHONE DUO AND IPHONE 18 PRO

SHREE RAM TWISTEX Q2 FY27

Net Profit: ₹4 Cr ↑1% YoY | ↓23% QoQ

Revenue: ₹93 Cr ↑35% YoY | ↓34% QoQ

EBITDA: ₹9 Cr ↑35% YoY | ↓36% QoQ

EBITDA Margin: 9.3% vs 9.3% YoY | 9.7% QoQ

KAPSTON SERVICES Q2 FY27

Net Profit: ₹85 Cr ↓35% YoY | ↑21% QoQ

Revenue: ₹220 Cr ↑10% YoY | ↑5% QoQ

Other Income: ₹30 Cr — Flat YoY | ↓52% QoQ

IRAN NAVY SAYS VIOLATING TANKER CAUGHT FIRE IN HORMUZ STRAIT - TASNIM