Evening Edition
October 30, 2026
Google pushes ads into AI Mode as search growth slows
Alphabet's Q3 shows Cloud revenue up 103% and search up 12%. Google will expand ads in AI Mode globally, a worry for publishers that rely on clicks.
Bank credit grows 19.1% in September as loan rates ease
RBI data released 30 October shows non-food bank credit up 19.1% year on year in September 2026, while fresh-loan rates fell to 8.51%.
AI-led attacks reportedly drain Rs 300 crore from NBFCs
CERT-In has warned lenders about AI-aided theft through loan disbursal APIs. Reports of Rs 300 crore in losses are unconfirmed by regulators.
Binance hit by reported $6.3 billion breach, halts withdrawals
Binance suspended withdrawals after a reported $6.3 billion breach. About $3 billion is frozen and the exchange says it will cover user losses.
PB Fintech Q2 profit rises 43% as advertising spend jumps
PB Fintech, parent of Policybazaar and Paisabazaar, posted a Q2 FY27 profit of about Rs 192 crore on revenue up 35%, while its shares are down 38% since June.
Navi's Prosus deal cleared by CCI as IPO plans firm up
The CCI cleared Prosus's minority investment in Navi. Reports differ on the amount, from $100 million to Rs 940 crore, and Sachin Bansal keeps 84.34%.
US lets pharmacies compound six unapproved peptides
HHS says it will not act against licensed pharmacies and physicians that compound six unapproved peptides, including BPC-157, under an interim policy.
Sensex ends 308 points higher as IT gains, midcaps slide
The Sensex closed at 74,459.53 and the Nifty at 23,053.10 on 30 October, led by IT, while midcaps and smallcaps fell and Brent crude stayed above $113.
Supreme Court wants banks to repay digital arrest victims
The Supreme Court says RBI rules must make banks refund digital arrest victims in full when weak due diligence let the fraud happen. What changes next.
Labour Ministry sets up social security board for gig workers
The Labour Ministry has notified a National Social Security Board for gig and platform workers, which aggregators like Zomato and Uber may have to fund.
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