Friday 30 October 2026Updated 23:30 IST
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Business News India, 30 October 2026

Friday 30 October 2026, 33 stories.

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India Forms Committee to Reform Banking for Global Edge

The high-level committee, chaired by former Central Vigilance Commissioner Suresh N. Patel, includes RBI and banking experts and has six months to recommend reforms on regulations, capital needs, AI adoption, and cybersecurity.

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Intel stock crashes 29%, worst day since 1974
The Economic Times

Intel stock crashes 29%, worst day since 1974

Intel shares (NASDAQ: INTC) fell about 29 per cent on Friday, October 30, one of the steepest single-day drops in the company’s history.

Why it matters The fall is set to wipe out roughly $137 billion to $140 billion of its market value, depending on the report. (The Economic Times)

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FIIs Turn Net Buyers in Indian Market with ₹3,598 Crore Inflow

Foreign institutional investors (FIIs) purchased a net ₹3,598.54 crore in equities, ending a recent selling streak, while domestic institutional investors (DIIs) sold ₹817.51 crore for a combined inflow of ₹2,781.03 crore.

Govt sets up banking committee on reforms
The Economic Times

Govt sets up banking committee on reforms

Centre on Friday constituted a six-member High Level Committee on Banking for Viksit Bharat to review India's banking sector and recommend structural, regulatory and institutional reforms to prepare it for the country's development goals by 2047.The committee will be chaired by Suresh N.

Reliance posts 40% rise in quarterly profit
Mint

Reliance posts 40% rise in quarterly profit

The company, which operates the world's largest refining complex in western India, has benefited from Brent crude rising about 60% since the Iran war broke out at the end of February. Oil-to-chemicals accounts for more than half of Reliance's revenue.

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Nifty 50 Reclaims 23,000 Mark with Modest 0.51% Gain

India's benchmark index rose 116 points or 0.51% to end at 23,053.10, marking its second straight gain amid fading afternoon momentum and limited broader participation.

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Map Reveals Adani Group's Vast Expansion Across India 2014-2025

Tech entrepreneur Sabeer Bhatia shared the graphic, highlighting sites like Mundra Port, cement factories, airports, and solar plants that turned Adani into a powerhouse handling over 500 million tonnes of cargo yearly.