Finance

Ananya Birla’s Svatantra is ready to ask for ₹3,000 cr

Cyber fraud probe over Rs 36,000 cannot block entire bank account, says Allahabad HC

The Allahabad high court ruled banks should not fully block accounts during cyber fraud investigations. Only the specific disputed amount should be frozen, allowing access to remaining funds. The court emphasized clear communication channels for customers with blocked accounts. This directive aims to balance investigations with legitimate financial activities of individuals. Banks must now inform customers about grievance redressal mechanisms for frozen accounts.

Kalpataru Projects Wins ₹3,526 Crore Orders, FY27 Order Intake Crosses ₹11,000 Crore

Vedanta Wins Bid For 152-Hectare Manganese Block, Project To Support India’s Domestic Supply

Windfall tax cut on petrol, diesel, ATF exports

India ​has lowered windfall taxes on exports ​of petrol, diesel and aviation turbine fuel with effect from Saturday, according to ‌a government ⁠order.The ⁠duty on diesel exports has ​been cut to 24 Indian rupees ($0.2515) per ​litre from 25.5 rupees, while petrol duty has been set at zero ​rupees per litre, ⁠down from ‌3.5 rupees, the government ​order showed.The ​tax on aviation turbine ⁠fuel has been set at ​19.5 rupees per litre from 22 ​rupees earlier.India first imposed windfall taxes in July 2022 to capture extraordinary gains from soaring oil prices and scrapped it ‌two years later. Th

India’s public-sector babies are all grown up

Govt cuts windfall gains on petrol to zero; diesel, ATF duties also reduced

The SAED rate on diesel export is now ₹24 per litre, down from ₹25.5 a litre. SAED on exports of ATF is set at ₹19.5/litre, as against ₹22/litre earlier

Bitcoin near $63,000 as weaker ETF demand and cancelled SEC meeting dampen crypto sentiment

Bitcoin hovers near the $63,000 mark as weaker ETF demand and cancelled SEC meeting dampen the crypto market sentiment. The cryptocurrency was trading near the $63,086 mark.In the past 24 hours, Bitcoin and Ethereum were down 0.7% and 0.3% respectively. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Cardano fell upto 1.1%.The global crypto market capitalisation edged down 0.4% to $2.24 trillion, according to Coingecko.Also Read | Quant Mid Cap Fund exits Anthem Biosciences and Lenskart Solutions, adds Cochin Shipyard and 4 others in July Riya Sehgal Research Analyst Delta Excha

Lodha Developers Plans 21 Housing Launches, Projects Carry ₹24,000 Crore Revenue Potential

RBI moves to distance self from bank deposit ratings

NBFCs seek RBI rethink on revolving credit curb

Carmakers get a GST cushion as costs climb

Banks may rush to tap short loans abroad

Kisan Credit Card subsidy faces a 50 bps cut

India’s trade pacts open doors for small exporters

Rupee falls 17 paise against US dollar as FCNR swap deadline weighs down sentiment

The Indian rupee fell against the US dollar at the start of Monday, influenced by the Reserve Bank of India's move to advance a deposit swap deadline. While the bank had previously drawn in substantial foreign currency, analysts predict temporary support for the rupee, though overall weakness is expected. Additionally, domestic stock markets recorded a drop early in the trading session.

Govt to set up high-level banking committee soon: FM Nirmala Sitharaman

Union finance minister Nirmala Sitharaman had announced a high-level committee on banking for Viksit Bharat in the Budget for 2026-27 (FY27)

Microfinance finds its way out of the debt trap

Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff

Gold’s 9% recovery in August to around $4,400 an ounce indicates that the precious metal is regaining favour among institutional investors and central banks, positioning it for further gains as markets move beyond the initial shock of the US-Israeli war with Iran, Reuters reported.The conflict’s outbreak in late February sent gold tumbling from a record $5,595 an ounce in January to below $4,000 in June, as investors sought liquidity and some central banks drew on their reserves to support domestic economies amid surging oil prices.“It feels as though the handbrake has finally been released fr

US stocks: US market slips as oil prices rise, retail results awaited

Wall Street's three major indexes fell on Monday as investors waited for quarterly reports from large retailers to provide insights into U.S. consumer spending, ‌while oil prices rose ⁠as the ⁠U.S. and Iran appeared no closer to a deal.Oil futures settled up more than $2 per barrel as investor pessimism about ​diplomatic efforts to resolve the Iran war fanned global supply worries. The gain in oil provided support for ​the energy index.Investors, with July's weak retail sales and jobs data fresh in their minds, were cautious as they waited for quarterly results from retailers. Home improvement

Jim Beam maker wants to fill India's whisky glasses

Goyal, Nippon AMC chief discuss retail

New Delhi: Union Minister for Commerce and Industry Piyush Goyal on Monday held a meeting with Sundeep Sikka, MD and CEO of Nippon Life India Asset Management Ltd, and discussed measures to deepen retail investment and strengthen India's asset management ecosystem.Goyal said the meeting also focused on exploring avenues to attract greater global capital into Indian markets."Held a meeting with Mr. @SundeepSikka, MD & CEO of Nippon Life India Asset Management Ltd. Discussed opportunities to scale up & deepen retail investment, strengthen the asset management ecosystem, and explore avenu

Resilient Asset to offload 4.98% stake in Paytm parent, reshaping investment landscape and future strategies

New Delhi: Resilient Asset Management, which holds shares in Paytm parent One 97 Communications, is looking to sell up to a 4.98% stake in the fintech company through a block market transaction, according to a regulatory filing on Monday.The stake being sold would be worth around ₹5,000 crore at Monday's closing price.Proceeds from the sale will be retained by Chinese investor Ant Financial under an existing optionally convertible debenture (OCD) agreement, Paytm said.Resilient Asset Management, a Dutch holding company controlled by Paytm founder and CEO Vijay Shekhar Sharma, acquired a 10.3%

India’s General Insurance Industry Records 9% Growth In FY26, Reaches ₹3.36 Lakh Crore

$400bn to $20tn: India’s rich fuel investments

Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds​

FMCG’s CEO churn speeds up as growth gets tougher

"Focus Is On India Growth Story": Global Finance Body Chief To NDTV On GIFT City

GIFT City is also preparing to attract companies looking to list their shares.

India construction boom hits a steel, bitumen wall

$40tn debt, $1.8tn deficit: Why US fiscal strain is worrying global markets

US public debt has now surpassed forty trillion dollars, and the fiscal deficit continues to widen. Rising Treasury yields are emerging as a key market risk, potentially pressuring equities. Government spending has surged while receipts have declined, compounding financial pressures. Interest payments have become a major federal budget burden, surpassing Medicare spending. This fiscal backdrop is seen as supportive for gold prices.

Housing sales hit a speed bump as listed developers' bookings fall 21%

In a challenging market, homebuyer hesitation has resulted in a 21% decrease in sales bookings year-on-year for prominent developers. Leading this space is Godrej Properties, while Prestige Estates Projects faced a notable drop. Yet, companies like Max Estates and Mahindra Lifespace enjoyed robust growth. Despite the struggles of firms like DLF and Oberoi Realty, analysts predict a positive turnaround in sales by the second quarter.

Realty Firms Sales Bookings Fall 21% To ₹40,000 Crore, Godrej Properties Tops June Quarter Chart

Sugar price hike: MCCI voices food product manufacturing industry’s concerns

Chhattisgarh Steps Up As India’s Heavy Engineering Powerhouse: Shankar Lal Agrawal Joins BEML Board As Independent Director

Onion Prices Soar 45% Ahead Of Festive Season; Govt Deploys Kanda Express To Cool Market

Onion Prices Soar 45% Ahead Of Festive Season; Govt Deploys Kanda Express To Cool Market

From Rs 50 to Rs 80 a kilo: Who is making money from India's sugar price surge?

From Rs 50 to Rs 80 a kilo: Who is making money from India's sugar price surge?

Mittal’s ageing stars need to shine 'immediately'

India set to put 5 million cars on the road soon

Fight over Chandra's 'haircut' gets pushed to Oct 7

India’s next auto leap is beyond the factory floor

Opinion: Opinion | Counting Better, Growing Faster: Inside India's GDP Debate

Ex-Chief Economic Adviser Backs GDP Data, Calls Methodology "Cutting-Edge"

The former CEA said the double deflator is a better methodology.

Small finance banks' asset quality to improve, GNPA to drop by 120 basis points by March 2027: Crisil

Kolkata: Small finance banks are likely to see an improvement in their asset quality this financial year, with their gross non-performing assets (GNPAs) projected to decline by about 120 basis points to 2.6-2.8% by March 2027, Crisil Ratings said.Their GNPAs stood at 3.8% and 4.4% at March-end this year and last year, respectively.Read more: Small finance banks' asset quality to improve, GNPA to fall by March 2027: Crisil RatingsCrisil Ratings said the improvement would be driven by a recovery in the credit performance of the microfinance portfolio, alongside continued growth and increasing co

A French giant returns to India after 12 years

Tata-owned JLR to cut 4,000 jobs amid pressures

Adani Defence, Indo-Russian Rifles Sign Ammunition Supply Pact For AK-203

Adani Defence will supply the small-calibre ammunition required for the AK-203 programme.

Maruti Baleno facelift: Check look, prices & more

India supplied 60% of diesel to Europe in August as Russian, US supplies plunge: Report

So, who gets the key when the CEO deboards?

HDFC Bank seems to have encountered an unusual problem: a CEO announces his exit faster than a board can find his replacement. With the Subhash Chandra verdict still reverberating and the bank taking a bruising, Sashidhar Jagdishan’s decision not to seek another term seems to have sent the board scurrying into an unscheduled meeting to persuade him to stay. Which raises an impolite governance question, “Was the succession plan actually a plan — or merely a document waiting for a crisis to give it a purpose?”Top-level executive succession planning has long been inconsistent among the worlds’ co

Government sells 4,000 tonnes of buffer onions in 10 days to curb prices

Buffer onion sales at ₹35 a kg extended to 17 cities as Centre seeks to cool prices

'Investment, exports power India's 7.8% growth'

Govt Plans Wider FDI Access In Plantation Sector To Boost Agri Exports

Sebi extends deadline for angel funds to comply with accredited investor mandate

The Securities and Exchange Board of India (SEBI) has extended the deadline for angel funds registered on or before September 10, 2025, to comply with the accredited investor mandate to March 31, 2027, according to its latest circular.The market regulator said the extension was decided based on representations from the Alternative Investment Fund (AIF) industry seeking additional time for existing angel funds to meet the mandate.Under the revised timeline, angel funds registered with SEBI on or before September 10, 2025, will have to implement the accredited investor mandate by March 31, 2027.

Sachin Tendulkar buys 3.86 acres in Lonavala for around Rs 70 crore in three deals

Sachin Tendulkar has purchased 3.86 acres of land in Lonavala for around Rs 70 crore through three separate deals. The cricket legend paid Rs 63.69 crore for the largest 3.09-acre parcel, acquiring 100% ownership. He also purchased 50% undivided shares in two other properties, according to registration documents accessed by Zapkey.

Copper touches record high, focus on tight supplies outside US

Copper prices hit a record high on Monday as the prospect of shortages outside the U.S. fuelled buying, while a softer dollar further supported positive sentiment, according to a Reuters report.Traders said volumes were likely to remain muted due to a U.S. holiday, with attention focused on copper and zinc.Benchmark copper on the London Metal Exchange touched a record high of $14,533 a metric ton, surpassing its previous all-time peak of $14,527.50 reached in January. It later pared gains slightly to $14,518 by 1515 GMT, up 0.7%.Also read: Brent crude oil price nears $100 as attacks on tankers

Manufacturing Share Remains Key Challenge For India's Economy, Says NITI Aayog Vice Chairman

The long, hard road to a better peg

India emerges as top bet for FMCG giants

GAIL Gas uses blended pricing: CEO

Parag Parikh Flexi Cap Fund: HDFC Bank and The Great Eastern Shipping Company among stocks bought and sold in August

IFSCA Tests Aadhaar Face Authentication To Enable Seamless NRI Investments Through GIFT City

PMS Tracker: East Green, Atlas Integrated Finance, Hem Securities, 7 others deliver up to 14.7% returns in August

Multi-cap and flexi-cap strategies dominated the top-performing PMS portfolios in August, with five of the 10 strategies delivering double-digit monthly returns, according to PMSBazaar.Equity PMS strategies posted strong gains during the month, led by East Green Advisors' Quant Strategy, which emerged as the best performer with a 14.73% return for the month ended August 31, 2026.East Green Advisors' Quant Strategy, a multi-cap and flexi-cap strategy benchmarked against the BSE 500 TRI, topped the performance chart with a 14.73% return in August.Atlas Integrated Finance's Momentum 20 PMS Fund f

Oracle To Spend Another $700 Million On Job Cuts Amid AI-Led Cash Crunch

Oracle is under financial pressure.

SIF AUM rises 34% to Rs 31,175 crore in August; inflows jump 56% MoM: Report

Assets under management (AUM) of Specialised Investment Funds (SIFs) 34% MoM to Rs 31,175 crore in August 2026, from Rs 23,177 crore in July 2026 , while stood at Rs 7,699 crore in August 2026, a sharp 56% increase over Rs 4,922 crore recorded in July 2026, according to the ValueMetrics Mutual Fund & SIF Flow Meter.The report further highlighted that since October 2024, cumulative SIF inflows have reached Rs 30,028 crore.The total SIF folios stood at 1,25,539 , taking the investor base well past the 1 lakh mark. The average folio size stood at Rs 24.8 lakh, compared with Rs 23,177 crore in

Sebi proposes new CAS framework, two options for expiry-day settlement

The Securities and Exchange Board of India (SEBI) has proposed reviewing certain aspects of the Closing Auction Session (CAS), market timings and the settlement methodology for derivatives contracts, including two options for determining expiry-day settlement prices for index and single-stock derivatives.The CAS framework was introduced in the equity cash segment of stock exchanges for stocks on which derivatives contracts are available, with effect from August 3, 2026, with the objective of facilitating efficient and transparent price discovery of the closing price of securities.SEBI said the

Zomato Introduces ₹5 Pay On Delivery Fee Amid Rising Food Delivery Competition

NCLT Approves ₹7.42 Crore Resolution Plan For Central Departmental Stores Despite ₹560 Crore Claims By Central Bank Of India

UPI has transformed financial inclusion: former RBI Governor

US Stock Market Next Week: Fed Rate Decision Takes Centre Stage, Global Investors Brace For Key Data

Billionaire ordered to give up $2million property

Car Insurance And Road Trips: What To Check Before A Long Drive

Opinion: Opinion | India's Dollar Windfall Has Now Created A Rs 15 Trillion Problem

ED puts lens on IBC frauds, including excessive haircuts

Atlantic City’s Steel Pier bought for $4.25m now asks $85 million

For the eye-catching price of eighty-five million dollars, Atlantic City's Steel Pier, with its storied past, is now on the market. The landmark amusement park provides vast ocean development rights that could lead to exciting future ventures. Purchased by the Catanoso family for just four point two five million fourteen years ago, this beloved destination has the potential for redevelopment into vibrant entertainment or residential facilities.

Nashik: Bangladesh Plans Onion Exports To Sri Lanka, Nashik Growers Face New Competition

India rice output faces biggest drop in nearly 20 yrs

Lenskart block deal: Platinum Jasmine may offload 1.7% Rs 2,047 cr stake

Eyecare solutions provider Lenskart Solutions is likely to see another block deal, with shareholder Platinum Jasmine reportedly looking to divest up to 3 crore shares, or around 1.7% of the company's equity, according to reports.The proposed block deal is estimated to be worth Rs 2,047.40 crore. Platinum Jasmine is reportedly likely to sell the shares at Rs 682.45 apiece, which would represent a discount of up to 3.42% to Lenskart Solutions' latest traded price of Rs 706.60 on the BSE. The seller is also reportedly subject to a 90-day lock-up period for any further sale of its stake.As of June

HDFC MF buys 13.9 lakh Entero Healthcare shares in Rs 236 crore block deal

HDFC Mutual Fund on Friday bought 13.90 lakh shares of Entero Healthcare Solutions in a block deal worth around Rs 235.6 crore, according to NSE data.The shares changed hands at Rs 1,695 apiece. Prasid Uno Family Trust was the seller, offloading the entire 13.90 lakh shares in two transactions. The trust sold 12,21,820 shares in one transaction and 1,68,180 shares in another, with both deals executed at Rs 1,695 per share.The transaction comes as Entero Healthcare shares have gained sharply in recent sessions. The stock settled at Rs 1,732.30 on the NSE on September 18, up 3.94% from its previ

Tata Sons Listing Debate, NSE IPO, Fed Rate Hike, UPI Charges And FDA Crackdown: Key Developments That Shaped The Week

Amazon: Who could get up to $200 refund?

Maruti launches automatic S-CNG cars

In Numbers: How Russia-India Energy Dynamics Are Changing

Russian oil producer Gazprom Neft's Moscow oil refinery on the south-eastern outskirts of Moscow.

Problem to prize: How Blackstone turned its India biz

US Accounts For Over Half Of India’s Software Exports In FY26 As IT Services Shipments Rise To $119.7 Billion

'Country Moving Towards A Magnificent Future': NSA Ajit Doval Projects India's GDP To Reach USD 38 Trillion In 20 Years

$1.5 trillion wealth transfer is coming. How India’s next-gen HNIs are rebuilding family portfolios

As much as $1.5 trillion in wealth is expected to change hands between generations in India over the next decade, setting the stage for a fundamental redesign of family portfolios. Akash Hariani, joint managing director at Motilal Oswal Private Wealth, says next-generation HNIs are demanding consolidated reporting, formal asset-allocation frameworks, investment committees and professional manager selection.Their portfolios are increasingly being built across listed equities, fixed income, private markets, real estate, gold and overseas assets, while concentrated bets are being ring-fenced to a

Rs 4,169 crore IPO rush this week: 19 issues to open for subscription; NSE to lead 12 listings

India's primary market is set for another busy week, with 19 IPOs opening for subscription and looking to raise about Rs 4,169 crore. The week will be led by mainboard issues such as Elevate Campuses, Varmora Granito, A-One Steels, ArMee Infotech, Swastika Infra and Adroit Industries, while the SME board will also see a packed line-up.Apart from fresh openings, the market will also watch 12 listings, including NSE, whose grey market premium has cooled to around 3%.The biggest IPO opening this week is Elevate Campuses, which will launch its Rs 2,100 crore public issue on September 23 and close

Oriental Insurance Bets ₹500 Crore On Digital Push, Here’s What The Insurer Plans Over Next 3 Years

India’s growth engine has plenty left in the tank

Bank holiday tomorrow, September 21: Are banks closed in Kerala and Assam? Check details

The closures in Assam and Kerala are linked to Janmotsav of Srimanta Sankardeva and Sree Narayana Guru Samadhi Day, respectively.

Print’s ad resilience gets a festive season boost

RECPDCL Hands Over Two Special Purpose Vehicles to Successful TBCB Bidders

Mumbai IT professional gets Rs 3.36 lakh tax relief after employer fails to pay TDS

For Assessment Year 2019-20, the woman reported an income of Rs 18.41 lakh in her ITR and claimed credit for Rs 3.91 lakh in TDS. However, she was given credit for only Rs 79,030, resulting in a tax demand of Rs 3.36 lakh.

Aditya Birla Sun Life Mutual Fund suspends fresh subscription in 3 international funds

Aditya Birla Sun Life Mutual Fund has suspended fresh subscription in its three international funds - Aditya Birla Sun Life International Equity Fund, Aditya Birla Sun Life Global Emerging Opportunities Fund, Aditya Birla Sun Life Global Excellence Equity Fund of Fund with effect from September 24.According to a notice cum addendum, the fund house said that applications for fresh subscriptions/switch-in/ systematic transactions received post the cutoff timing on the effective date will not be processed. However, systematic transactions registered prior to the effective date will be processed u

JSW One Platforms files draft papers for Rs 3,054 crore IPO

JSW One Platforms Ltd, a technology-enabled B2B platform serving the manufacturing and construction sectors, has filed draft papers with the market regulator SEBI to raise up to Rs 3,054 crore through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth up to Rs 1,300 crore and an Offer for Sale (OFS) of shares worth up to Rs 1,754.01 crore, according to the draft red herring prospectus (DRHP) filed late Thursday night.The OFS will comprise shares sold by JSW Steel Ltd, JSW Cement Ltd and Mitsui & Co Ltd.The company plans to use the net proceeds

₹2,700 Crore Hospitality IPO Goes Off The Table, Prestige Group Cites Tough Market Conditions

India’s bond market performed well, equities to become attractive again: RBI’s Poonam Gupta

As the US bond yields rose to their highest level in 22 years, India's bond market has also performed well in recent years, both compared to its past performance and in comparison with most other countries, the Reserve Bank of India's (RBI) Deputy Governor Poonam Gupta has said.In the RBI's September Bulletin, she said that the relative strength of the bond market is due to the fiscal commitment of the government, and the projected sustained high economic growth rates that would make the fiscal outcomes even better going forward.Credibility of monetary policy, declining structural pressures on

Adani Global Acquires 50% Stake In Monvarex Aluminium Holding For ₹20.8 Lakh

Fortis says ‘no role, no money’ in Singh-Daiichi row

Waterfront Estate for sale: 16-acre Marshall property hits the market for $13m

Prestige Estates Issues ₹750 Crore Guarantee, Hospitality Arm Withdraws IPO Papers

Adani Group's Dhamra Port Makes History, To Run Fully On Renewable Power

The port handles more than 48 million tonnes (MT) of cargo annually

NCLT Rules Auction Buyers Cannot Escape Municipal Property Tax Dues On ‘As Is Where Is’ Liquidation Sales

Trans ACNR Solutions And Eight Others File IPO Papers With Sebi, Fresh Issues And Promoter Sales Expand Pipeline

NCLT Rejects Daaraa Advance Manufacturing’s Plea To Recover Gold Machinery From Damara Gold CIRP Process

Gold and silver outlook: Job data, crude and more in focus to guide bullion this week

The gold and silver markets are poised for significant fluctuations as crucial US jobs and inflation data are on the horizon. Investors are keenly aware of the Federal Reserve's hints about possible policy adjustments, which could greatly influence precious metals. Additionally, consumer confidence, GDP figures, and inflation metrics from the Eurozone are on the radar.

MF-PMS: Sebi opens ₹25 lakh investment route

TVs, ACs to get costlier from Oct 1; buyers may still buy products at old price

Air-conditioners, LED TVs, and washing machines are expected to become more expensive due to rising input costs. Companies attribute the price increase to higher costs of raw materials and freight. Some manufacturers are concerned that price hikes might dampen festive demand, while others anticipate selling existing inventory at current prices. Price increases are scheduled from October 1, leading to cumulative hikes throughout the coming months.

Smaller players flag Irdai’s new expense caps

Axis Bank To Increase Campus Hiring To 12,500 In FY27 As AI Reshapes Workforce Strategy

IndusInd Bank Launches New Banking Vertical For Global Capability Centres, Targeting India's Expanding GCC Ecosystem

Arvind SmartSpaces Adds Bengaluru Residential Project With ₹470 Crore Top-Line Potential

MMR, Bengaluru, Hyderabad drive Q3 home sales

Buying An AC, TV Or Fridge This Diwali? Prices To Rise From October 1

The October price revisions will mark second round of increases for the electronics sector this year.

Large-Format Malls To Dominate India’s Retail Development Pipeline As Developers Plan 51.1 Million Sq. Ft. Expansion By 2031: JLL

Arisinfra Solutions To Acquire 16% Additional Stake In Buildmex-Infra For ₹60 Crore

Hatsun Agro To Establish Over 6,000 Dairy Farms In Odisha Over Next Three Years Via ‘Go-Dhan’ Initiative

Chatha Foods Launches 16,000 MT Vegetarian Manufacturing Facility In Punjab

Pune: Bharati Co-operative Bank Announces 12% Dividend, Business Crosses ₹2,790 Crore

Sterling Holiday Resorts Opens 36-room 'Sterling Regalia Agra' Near Taj Mahal

Why RBI is tightening its hold on India

Broadening inflation, resilient economic growth and a growing chorus of global rate hikes are leaving India's central bank with little reason to hold borrowing costs steady at its October policy meeting.The Reserve Bank of India is facing a markedly different policy backdrop from its August meeting, where it kept the benchmark repo rate at 5.25% for a fourth consecutive bi-monthly review.Policymakers had said then that they preferred to wait for more evidence of inflationary pressures becoming generalised before moving on rates.Data now shows that prices for nearly half of India's inflation ba

Foreign Tourist Arrivals Rise 10.6% In India. Bangladesh, China Lead The Pack

Tourist arrivals from China crossed 9,000 in August, more than double the level recorded in August 2025.

Through The Economic Lens: Bold Forecasts, Tough Questions

Trishakti Industries Secures ₹105 Crore Order For 60 Heavy Machinery Units From XCMG

Silver Takes A Rs 7,000 Hit On MCX, Prices Slip Below Rs 2.28 Lakh As Global Sell-Off Deepens

RBI may raise interest rates to 5.50% in Oct

Pidilite Partners With Hwaseung Chemical To Introduce Advanced Footwear Adhesives In India

Will DA be 65% after August inflation numbers?

US private job growth jumps in Sept: ADP

US private sector hiring rebounded significantly in September following its weakest performance of 2026 in August, according to data released Wednesday by payroll processor ADP.Private employers added 90,000 jobs last month, up from a revised 38,000 in August and easily surpassing market forecasts."It's a strong report," said Nela Richardson, ADP's chief economist. "After a three-month slowdown, job creation rebounded and pay growth remained solid."Also read: Flydubai FZ1073 plane hijack scare: Who are the pilots? Here's what we knowThe expansion was primarily driven by the education, health c

India’s gems, jewellery exports have room to grow

R. K. Bhoodes elected chairperson of CEPCI

Jio's $3.8 Billion Public Offer Moves Closer After Global Investor Roadshows

India goes FTA shopping at G20

India-US Trade Deal Nears Final Stage: USTR Jamieson Greer

Gandhi Jayanti Holiday: Banks, Stock Market To Remain Closed, Here’s What Will Stay Open On October 2

House panel might consider recommending measures for cryptocurrency monitoring

Lawmakers might ask the government to bring in better technology to track crypto transactions, build more blockchain capacity

Vijay Mallya Owes ₹8,752 Crore To SBI-Led Consortium, Lenders Tell Bombay High Court

Meenakshi India Announces 1:2 Stock Split, Record Date Set For October 30, 2026

'Oil's' well in September: How India kept crude flowing amid the energy crisis

September marked a significant high in India's crude oil imports, mainly spurred by boosted supplies from Gulf nations. The reintroduction of Iraqi and Kuwaiti crude has notably changed the dynamics of India's import sources, ensuring better supply availability. This surge assists Indian refiners in reducing their dependency on Russian oil amidst global pressure.

OnEMI Tech’s AUM Rises 68.4% To ₹9,317 Crore In Q2 FY27; Disbursements Reach ₹4,612 Crore

Stocks to buy: Axis picks 7 largecap stocks with upside potential of up to 44%. See full list

Quant Mutual Fund says investors should stay agile in portfolio allocation amid market shifts

Changing market conditions and shifting risks across global markets make it important for investors to stay agile with their portfolio and asset allocation, according to Quant Mutual Fund. The fund house in its monthly release said sharp movements across commodities, currencies and equity markets underline the need for flexibility in portfolio positioning as the global investment environment continues to evolve.The fund house noted that the geopolitical crisis in the Middle East had entered its eighth month and resulted in severe disruptions to global commodity supplies, with Brent crude risin

RBI grants CIC registration to Indiabulls

New Delhi: The Reserve Bank of India (RBI) has granted Indiabulls Limited a Certificate of Registration as a Core Investment Company (CIC), bringing the company under the central bank's regulatory framework applicable to such investment-holding entities.Indiabulls, formerly known as Yaari Digital Integrated Services Limited, disclosed the approval in a regulatory filing dated October 2."The Reserve Bank of India has granted a certificate of Registration to the Company as a Core Investment Company as per the applicable provisions of the Reserve Bank of India Act," the company said in the filing

John Denver guest house gets fixes; buyer sells for $8.2M

John Denver's former guest house and music studio in Aspen sold for $8.2 million in November 2025. The recent buyer undertook significant renovations, including a modern kitchen and structural improvements. This property spans 5 acres within a gated community and offers stunning views from Aspen to Snowmass. It consists of two structures totaling 2,912 square feet, including a guest house that served as Denver's studio.

Avenue Supermarts Reports ₹19,206.18 Crore Standalone Revenue In Q2 FY27; Store Count Reaches 518

Family sells 1,500-acre farmland portfolio for $22.46m after owner’s death

In a recent two-day auction spanning Illinois and Indiana, Philip Rietveld's farmland portfolio captured significant attention, with 23 tracts fetching an impressive $22.46 million. The event attracted 82 bidders from seven states, demonstrating robust competition among local farmers and landowners, with no institutional players participating. A regional group secured one property in Illinois, reflecting the sustained allure of farmland as a strategic investment opportunity.

Drew Barrymore family’s former LA estate sells for $14.7 million after 6 years

Aurobindo Pharma Receives USFDA Final Approval For Perampanel Tablets, Market Size Estimated At ₹558 Crore

Delhi-NCR housing prices rise 12% in Q3, highest among top seven cities: Report

Housing prices in the Delhi-NCR region increased by 12 percent annually during the July-September quarter. This rise surpassed the collective annual increase of 7 percent seen in India's top seven cities. Higher input costs and a focus on luxury projects contributed to the price growth in residential properties. Despite a slight moderation in sales, housing demand remained robust in well-connected areas.

Adani Airports to revamp Mumbai T1 North section

Mumbai airport, airlines clash over Navi Mumbai shift

MIAL plans to cut 265 weekly international departure slots at T2 as it moves domestic traffic from T1, while airlines oppose a forced shift of international operations to Navi Mumbai.

Abhijit Banerjee in Tasting Economics: When the menu is the message

Appliance Prices Rise 5-8 Percent, Makers Expect Double-Digit Festive Sales Growth

Deep-sea gas becomes costlier as govt raises price cap

RITES Gets Rs 38.30 Crore Tax Relief, Gujarat Authority Partially Sets Aside FY20 Demand

Jaishankar: India-EU FTA a "real game changer"

HAL to acquire full stake in HATSOFF

GST Council may clear key compliance reforms

Gold, silver imports may lose GST-free pass

Flying IndiGo gets costlier as it raises fuel charges

Veranda Learning Announces Board Of Directors For J.K. Shah Commerce Education Limited

Mumbai Airport T1 Redevelopment: Airlines Question Adani Group’s 33% International Flight Shift To Navi Mumbai Airport

Cochin Shipyard gets 40-ship order from US, Europe

Surging bond yields likely to slash banks' treasury income

Mumbai: Banks are expected to post a nearly 60% fall in treasury income for the July-September quarter from a year earlier due to a sharp increase in government bond yields.Analysts at Jefferies estimate aggregate treasury gains in the fiscal second quarter to be ₹5,500 crore, down 58% from ₹13,100 crore a year earlier. Sequentially, this income is expected to be 23% lower compared with ₹7,100 crore in the June quarter.The benchmark 10-year government bond yield rose about 44 basis points in the past quarter, ending September at around 7.19%, compared with roughly 6.75% three months prior. Fiv

Mumbai NCLT Tops India With 35 Resolution Plans Worth Over ₹4,189 Crore In Q2 FY2026-27

GST Council scraps tax officers' arrest powers, eases refund rules

The GST Council has proposed major procedural changes to enhance business operations and tax compliance. These reforms aim to streamline registration, refunds, and input tax credit processes while lowering compliance costs. Additionally, the council will remove officers' powers for arrests under the GST framework. Processing of refunds will be expedited, with a goal to resolve claims within three days.

GST Council eases tax rules for IT exports

Global Market Today: Asian stocks drop on tech jitters, oil edges lower

Asian stocks dropped, tracking declines on Wall Street, as speculation about OpenAI’s revenue revived concerns over the sustainability of the artificial-intelligence spending boom. Oil edged lower.The MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan’s Nikkei fell over 1%, with Softbank Group Corp. declining more than 5%. The regional moves came after the Nasdaq 100 Index sank 1.4%, its worst day in seven weeks, while a US gauge of chipmakers slumped 3.4%. The S&P 500 Index dropped 0.5%. Markets are closed in South Korea and Taiwan. Read more: US stocks: S&P 500, Na

GST 2.0 makes it less taxing under new overhaul

1 million jobs at risk? Insurance reforms get a date

Tata Technologies Hiring Automotive Engineers In Pune, Walk-In Drive On October 10

Tata Technologies Recruitment 2026: The walk-in drive is scheduled to be held in Pune on October 10.

Paytm, MobiKwik Stocks Rise 8% Even As NPCI Considers Deferring UPI MDR Charges To January

Aditya Birla arm seeks $1.5 billion loan for Shell deal

GST Council Eases Export Rules For IT Firms, GCCs; TCS, Infosys, Wipro To Benefit From Faster Tax Refunds

Diageo India enters ready-to-drink alcohol market

Maithan Alloys Acquires 0.07% Stake In HFCL For ₹29.72 Crore

Zetwerk May File For $525 Million IPO Next Week

Hubtown Raises RTPL Stake To 74.65% With ₹36.78 Crore Investment

Poonawalla Fincorp Reports Q2 FY27 Profit Of ₹375 Crore, AUM Reaches ₹74,008 Crore

Sriram Finance revises FD rates up to 7.85%

Apply for waiver of tax penalty using new form

California horse ranch once listed for $109m goes to auction from $20m

Rancho Cariñoso, a 4.2-acre oceanfront estate in Carpinteria, has seen drastic price fluctuations since its 2021 listing. Originally priced at $100 million, the value increased before dropping to $48.975 million in 2024. After four years on the market, the estate is now being auctioned with bidding starting at $20 million. The property features direct beach access and a horse trail, appealing to affluent buyers.

Furniture maker mulls 1.5 lakh sf ft plant with ₹50 crore investment near Hyderabad

Mumbai: NCLT Rules SBI Entitled To Minimum Security-Linked Liquidation Value In AA Estates Insolvency Case

RBI’s rules open door for Apple Pay

VB-G RAM G job demand rises 25% in Sept

Diet Coke can price hits record Rs 70

GST Council proposes 2% TDS on scrap deals

Full pay vs EMI vs no-cost EMI: What saves most?

Bajel Projects Secures ₹200-300 Crore Order For Mumbai GIS Substations

Waterways Leisure Tourism Reports ₹81.27 Crore H1 FY27 PAT, Up 215%

Fusion CX Sets ₹275–289 IPO Price Band, ₹702 Crore Issue Opens October 14

Premier Energies Bags ₹4,001 Crore Orders, Boosts Solar Cell And Module Capacity

SEBI Unveils New Settlement Rules, Fast-Track Route For Cases Up To ₹10 Lakh

TDR sale is taxable as capital gains: ITAT Bangalore

Man faces Rs 17.18 lakh tax penalty over Rs 55.62 lakh unexplained deposits; ITAT gives relief

A man had not filed an income tax return for assessment year 2016-17. The tax department subsequently completed a reassessment without his participation and, on February 15, 2024, assessed his total income at Rs 55.62 lakh. The amount was treated as unexplained cash deposits in a bank account that the department attributed to him.

Automatic GST Refund Excludes Disputed Claims, Finance Ministry Clarifies

Mahindra-Embraer strike a Rs 5,100 crore deal

Social Security $90 deposit: Who qualifies and when?

Foresight and Integrity: Keshub Mahindra left an enduring legacy on Indian Industry

Indore Vegetable Prices Remain High Ahead Of Navratri, Fresh Green Peas Touch ₹110 Per Kg

Indore GST Experts Welcome Council's Proposals For Faster Refunds, Lower Penalties And Easier Compliance

FMCG Sales May Rise In Q2, But Soaring Input Costs Threaten Profit Margins

World Bank's $100 billion crisis cushion

Bangkok: The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage energy shocks and price increases triggered by the war in the Middle East, its president, Ajay Banga, told Reuters in an interview.Banga said the global economy had proven fairly resilient, in part due to big AI investments and adjustments in supply and demand for oil, which meant that few countries had sought the initial $25 billion in crisis funds that the World Bank had made available when the war began in late February.Also Read: World Bank raises India FY27 growth forecast to 7

Rs 10L investment, different explanations: why ITAT deleted tax addition & penalty

The dispute arose after the income tax department received information about an investment of Rs 11.25 lakh made by a man with a wealth management firm. The assessing officer accepted that Rs 1.25 lakh had been paid by cheque, but the source of the remaining Rs 10 lakh, was questioned. Before considering the tax dispute, the tribunal had to address the delay in filing the appeals

NTPC invites industrial partners for 26% equity in co-generation projects

NTPC Limited invited Expressions of Interest from commercial and industrial entities willing to invest 26 per cent equity in co-generation projects, according to the state-run power company.The power producer floated the initiative to explore joint opportunities for setting up co-generation plants designed to supply both steam and electricity to industrial users. These projects will operate alongside integrated power supply frameworks that combine coal, renewable energy, and Battery Energy Storage Systems (BESS)."With industries increasingly focusing on energy security, cost optimisation and s

Refused to close credit card, SBI to pay Rs 50K

Karnatak Chamber of Commerce and Industry welcomes GST Council meeting decisions

The GST Council meeting had rightly focused on ease of litigation and better working capital for businesses, says Karnatak Chamber of Commerce and Industry president Sandeep Bidasaria

Beauty comes at a festive premium

New Delhi: Salons and services apps have doubled prices over last festive season amid sharp surge in demand for services such as dandiya luxe and garba glows to Durga deity looks and Navratri queens. Executives attributed the increase in prices to a combination of a surge in costs of key ingredients such as palm oil, and glass and plastic bottles and aerosols by 25-30% year-on-year on account of the West Asia war, pricing power and the withdrawal of input tax credit on salons last year.“As we speak, consumers are booking packages for new looks for each of the seven or nine days of Navratri and

Tonbo Imaging Sets ₹665–700 IPO Price Band, ₹852 Crore Share Sale Opens October 15

Zetwerk Sets ₹143–151 IPO Price Band, ₹5,012 Crore Issue Opens October 15

Raymond Ltd Expands Andhra Pradesh Capacity With New Brownfield Facility

Rs 25,000 cr tax alarm puts restaurants on notice

Sahajanand Medical Sets ₹327–344 IPO Price Band, ₹475 Crore Issue Opens October 15

Retail inflation at almost 2-year high at 5.54%, driven by food prices surge

Retail inflation in India reached 5.54% in September, mainly spurred by rising food costs. Food inflation escalated to 7.74%, the highest recorded since the new CPI series was launched. The price of onions skyrocketed, while some items, like potatoes and tomatoes, saw price drops. Puducherry recorded the highest inflation rate at 6.86%, followed by Tamil Nadu.

CreditAccess Grameen Secures ₹1,458 Crore Syndicated Social Loan Facility

Adroit Industries Q1 FY27 Net Profit Up 32% To ₹7.49 Crore

IIT-B report wants UPI MDR cut; says banks should forgo their share

The study recommends setting the MDR share for TPAPs at 0.06%, lower than the 0.08% proposed by the National Payments Corporation of India (NPCI), while keeping the PSP share unchanged at 0.02%. Under the existing arrangement, banks that issue and acquire transactions collectively receive the bulk of the revenue, with a 70% share split between them

RBL Bank's Net Profit Surges 170% To ₹482 Crore In Q2 FY27

HDFC Bank launches annual festival offer

Essix Biosciences Acquires 14 lakh Equity Shares Of Ind-Swift Laboratories

Small-Cap Mutual Fund Inflows Jump 13.4% To ₹9,039 Crore In Sep Despite Market Weakness

Brent Crude Likely To Hit $90 Per Barrel In December 2026 Amid West Asia Supply Risks: Goldman Sachs

ICICI Prudential AMC Q2 FY27 Results: Net Profit Falls 7.8% QoQ To Rs 889 Crore; Revenue Rises 7%

Aequs, Safran tie up for aircraft components

FM Nirmala Sitharaman Urges Steel Industry To Cut Emissions, Boost Domestic Specialty Steel Production | VIDEO

SBI Research Calls For Scrapping LTCG Tax On Equities Amid ₹3.04 Lakh Crore FPI Outflows In 2026

SBI Research recommends LTCG on equities to be scrapped; calls for DTAA clarity

The proposal is aimed at making foreign capital flows into equities more stable and limiting the chances of abrupt withdrawals that could put pressure on the rupee. Foreign portfolio investors (FPIs) currently face a 12.5% LTCG tax on equity investments. The Union Budget 2026 retained this rate for listed shares and equity mutual funds, continuing the tax framework introduced as part of a major fiscal overhaul in 2024.

He gave land given for road, sold TDRs for Rs 6.02 crore; ITAT taxes capital gains

The landowner chose to sell the TDRs he had received for surrendering 2,839 square metres of land. He sold them to a builder for Rs 6 crore but did not pay income tax on the proceeds. His understanding was that the amount received from the sale was a capital receipt and was therefore not taxable.

IRDAI may give insurers one last breather

New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) is open to a reasonable transition period for implementing proposed caps on insurance commissions, but the reform cannot be postponed indefinitely, its chairman Ajay Seth has said.Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while maintaining that distribution costs must be aligned with the value delivered to the policyholder, and selling incentives must reward persistency rather than first-year sales."We will examine every submission seriously, includ

India beats China by $192 bn in dollar duel

New Delhi: India attracted $351 billion in foreign direct investment (FDI) for greenfield projects during 2021-25, more than double that of China, according to the Boston Consulting Group (BCG). India's performance marked a 61% surge from the $222 billion greenfield FDI it received in the prior five years. China, in comparison, saw a 54% drop in FDI in newer ventures to $159 billion from $350 billion in the same period, and from a peak of $514 billion peak in 2006-10, per BCG data.Speaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the

IMF edges up 2026 global growth to 3.1%

"No Other Choice": IMF Warns Developing Nations May Need Spending Cuts

The IMF has called on countries to offer narrow, targeted subsidies in the wake of the crisis

India's economic story in fast lane, IMF projects 7% GDP growth for FY26 and FY27

India is projected to maintain a robust growth rate of 7% in both 2026 and 2027, bolstered by strong domestic demand and a thriving services sector, according to the International Monetary Fund. Positive revisions from the World Bank and OECD highlight resilience amid consumption patterns. However, challenges such as rising energy prices and geopolitical tensions could impact this trajectory, yet India's economic growth remains strong compared to other major nations.

HCLTech Adds 6,450 Employees In September Quarter, Headcount Hits Record 2.3 Lakh As Freshers Drive Hiring

HCLTech Q2 FY27 Results: Net Profit Soars 21.2% To ₹5,132 Crore, AI Revenue Jumps 78% As FY27 Growth Guidance Rises

Modi’s trade push may add $140 bn to India’s GDP

LuLu Hypermarket opens first store in Chennai

India Projected To Grow At 7% In 2026, Outpaces China, US: IMF

India Projected To Grow At 7% In 2026, Outpaces China, US: IMF

IMF Projects India's GDP Growth At 7% In FY27 & FY28, Warns Of Fragile Global Economy Amid Rising Energy Prices & Geopolitical Risks

Rupee Gains 82 Paise To 94.96, RBI Measures Extend Currency Recovery

Power Grid Acquires Jam Khambhaliya REZ Transmission For ₹19.22 Crore

Brent Crude At $105 After Falling 1% As Russian Diesel Supply Hopes Ease Concerns

SDHI H1 FY27 Operating Revenue Jumps 148% To ₹99.46 Crore, Order Book At ₹6,500 Crore

Diet Coke to smart homes, India is spending more

₹ & LTCG: 2 points from FM that changed the mood

Adani defers plan to shift foreign airlines from Mumbai to Navi Mumbai

The proposed shift has been deferred to the summer schedule, which begins on March 28, 2027

Let rupee find its own level: Uday Kotak

Indian rupee should be allowed to find its own level, Uday Kotak, Founder & Director, Kotak Mahindra Bank said on Tuesday, asserting that the underlying strength of the Indian economy will reflect in the currency over time.Speaking at theBloomberg New Economy Forum 2026, he said, "My personal view is we should let the rupee find its own level, and over time, the true strength of the economy will play out."The billionaire also emphasised the importance of allowing market forces to determine currency levels without creating expectations about a particular rate that policymakers might seek to

India Preparing For Geopolitical Shifts, Economy Shielding & Manufacturing Push: Ashwini Vaishnaw

India Preparing For Geopolitical Shifts, Economy Shielding & Manufacturing Push: Ashwini Vaishnaw

E-commerce Order Volumes Jump 31% Year-On-Year, Quick Commerce Grows 85%

Woman applies for 130 shares, bank enters 65; commission awards Rs 37,000, not Rs 40L

In 2022, the woman applied for 130 shares in an IPO. However, the bank recorded her application for just 65 shares, which she claimed resulted in a loss of Rs 42,142. She also accused the bank of causing her physical and mental harassment. The Gujarat State Consumer Disputes Redressal Commission subsequently partly allowed the woman’s appeal.

Cabinet okays Rs 52,878 cr IDBI-Fairfax deal

Ambani stirs up a ₹20 milk war with Amul, ITC

Hyundai shifts gears in Pune with Rs 11,000 cr bet

Ambani's Jio IPO gets its date set with D-St investors

What does RBI's new Consolidated Account Statement measure benefit you? Explained

RBI’s new CAS move: Announced on October 7, 2026, the measures will allow SEBI-regulated depositories to include information related to deposit accounts in CAS. RBI Governor Sanjay Malhotra said the measures would be implemented by December 31, 2026. Let’s understand what all is expected to be consolidated and what it means for you:

Have RIL shares? Jio’s IPO may have a Diwali surprise

Air India CEO to cut high bills of A350 fleet

Air India’s new Chief Executive Officer, Tewolde Gebremariam, is exploring ways to reduce the cost of maintaining the airline’s Airbus A350 fleet as he looks to curb expenses across the loss-making carrier, Bloomberg reported, citing people familiar with the matter.Air India currently operates six Airbus A350-900 aircraft, powered by Rolls-Royce Holdings’ Trent XWB engines, on key routes to the US and Europe. In 2023, the airline had placed an order for 80 Trent XWB engines, with options for another 20, in what was a record order for the engine programme.Also read: Airspace curbs impact on Air

Modi govt’s 13 disinvestments in 10 years

NMC Founder BR Shetty Seeks $15 Billion Damages From Nationalised Bank Over Alleged Financial Fraud

Taxman denied exemption on 3 floors after Rs 75L builder deal; ITAT grants relief

A man inherited 400 square yards of leasehold land from his late mother in 1997. Towards the end of 1999, he entered into an agreement with a developer to demolish the existing house and construct a new building. Nearly two decades later, in 2018, the man decided to undertake another redevelopment of the property. As part of the 2018 redevelopment agreement, the man received Rs 75 lakh from the builder.

"We Prioritise Our People": Netflix To Cut 1,000 Jobs Amid Slow Growth Rate

The company's stock has fallen 15 per cent since the start of the year.

From RBI Action To Strategic Restructuring: Timeline Of IDBI Bank Stake Sale

Timelines in the nine-year journey that culminated in the sale of the Centre's holding in IDBI Bank

Hyundai bets on expansion to climb leadership board

Fairfax offers plan to resolve IDBI-CSB ownership overlapping

Mumbai: Prem Watsa-backed Fairfax Financial Holdings is understood to have submitted an undertaking to the Reserve Bank of India (RBI), outlining a glidepath to resolve its overlapping ownership of IDBI Bank and CSB Bank, people familiar with the matter said. This was furnished by Fairfax even before the Canadian investor received the government's approval for acquiring IDBI Bank, they said.A merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking interests under a single licence, sources said. "The regulator does n

Fairfax's IDBI deal premium justified by strategic fit, scale: Analysts

Mumbai: IDBI Bank's acquisition by Canadian investor Fairfax Holdings at a price-to-book ratio of 1.5 to 1.6 times is slightly higher than the 1.3 times Emirates NBD paid for RBL Bank or 1.4 times Sumitomo Mitsui Banking Corp (SMFG) paid for Yes Bank - marquee cross-border banking deals completed earlier this year.However, analysts believe the slightly higher valuation is justified as it gives the Canadian company a three-fold increase in pan-India branch network, a six-fold increase in its advances book, and about a seven-fold increase in its deposits book.Also Read:Fairfax offers plan to res

Insurers may face higher crop cover claims in Andhra Pradesh, Maharashtra, Karnataka

Mumbai: Insurers are bracing for crop insurance claims in Maharashtra, Karnataka and Andhra Pradesh, as weather-related losses threaten to push up payouts.In Maharashtra, insurers' liability could be capped at Rs 1,540 crore before the state government takes over claims beyond that level. The state has declared drought-like conditions in 265 talukas, raising concerns over this year's losses.Maharashtra's adoption of an 80:110 "cup and cap" model links insurers' liability to premiums collected where insurers bear claims within the defined band, while the state government covers claims exceeding

India tightens tax rules for Mauritius investments

RBL Bank taps Emirates NBD network to expand NRI banking, Gulf business

Mumbai: RBL Bank plans to leverage Emirates NBD's global network and its improved credit profile to secure more business in India and the Gulf, targeting larger corporates, trade finance, non-resident Indians (NRIs) and cross-border deals, besides expanding into newer markets where the Dubai-based lender has a presence, R Subramaniakumar, managing director and chief executive of RBL Bank told ET.The private sector lender is working on a strategy to integrate corporate lending, international trade, NRI banking and remittances, seeking to capitalise on its new parent's overseas presence to build

States asked to waive stamp duty on road projects

UPI MDR deferment gives D2C brands festive relief

S Korea triggers 'sidecar' halt, KOSPI slumps about 8%

Zydus Lifesciences To Invest Over ₹166 Crore In Sri Lanka Manufacturing Facility

Fairfax's $6 Billion IDBI Bank Deal Signals Zest For India's Assets

Foreign investors' appetite for the broader financial sector has already reached a record.

IDBI Bank's $5.6 Billion Sale Gives Centre Breathing Room On Oil. Here's How

India imports about 90% of its crude oil requirements, leaving it vulnerable to surge in global prices.

Mahindra XUV 3XO ZNG launched at Rs 9.99 lakh

Higher EMIs ahead: SBI increases lending rates

Bank fails to renew insurance, family wins Rs 2L

The 'biggest' risk to Asia’s economies isn’t over

Builder wanted Rs 20L more to give flat; buyer wins

PepsiCo warns Sting may vanish while Red Bull runs

Polycab India Q2 Net Profit Jumps 43% To ₹990 Crore, Revenue Up 53%

UCO Bank Net Profit Surges 27% To ₹785.64 Crore In September Quarter

South Indian Bank Consolidated Net Profit Climbs 21% To ₹426.34 Crore In Q2 FY27

Indian Bank Reports Consolidated Net Profit Of ₹3,540.71 Crore, total Income Rises To ₹23,335.98 Crore

ICICI Life plans to hire 20,000 women advisors

IMF Backs Centre Amid 7.8% GDP Growth Row, Says India's Method 'Consistent With International Standards'

India Economy Growth: IMF's latest assessment gives India's statistical reforms a vote of confidence.

Fedbank Financial Services Q2 Profit Rises 63% To ₹130.75 Crore

YES Bank, govt face setback in ₹8,415 cr bond battle

TCS Completes 100% Acquisition Of BBY Services India LLP, Company Becomes Wholly Owned Subsidiary

Air India Tightens Spending Amid Rising Losses, High Jet Fuel Costs

Air India and Air India Express are likely to merge several departments

‘Consistent with good practices’: IMF defends India's revised GDP calculation

The International Monetary Fund has recognized India's updated approach to measuring gross domestic product, commending the Ministry of Statistics and Programme Implementation for enhancing GDP metrics. Amid strong economic performance and rising domestic demand, the IMF has also revised its growth predictions for India. Currency fluctuations were acknowledged; however, Srinivasan clarified they do not indicate any economic frailty.

Wipro Q2 profit dips 1%, gives muted outlook

IT major Wipro on Thursday reported a 1.4% year-on-year decline in its net profit to Rs 3,201 crore in the second quarter of FY27 (Q2FY27), while it fell 4.7% sequentially from Q1FY27. The company’s gross revenue rose 9.1% year-on-year to Rs 24,752.7 crore in Q2FY27. On a sequential basis, revenue slipped 1.1%.Revenue from the IT services segment increased 0.3% year-on-year to $2,611.5 million.IT services segment revenue, in non-GAAP constant currency terms, rose 0.6% year-on-year, while it remained flat sequentially.Total bookings stood at $2,595 million, down 22.9% sequentially in constant c

Wipro Reports ₹3,199.7 Crore Q2 Net Income, Operating Cash Flow Up 61.3%

IRFC Profit Rises 10.31% To ₹3,885.69 Crore In H1 FY27, Declares ₹1.15 Interim Dividend

Michael Dell loses $20 billion in one day after Barclays downgrade

Michael Dell experienced a substantial decline in net worth, dropping more than $20 billion in just one day. This decline was prompted by a major decrease in his company's stock value following an analyst downgrade. Earlier this year, Dell's net worth had notably increased, bringing him closer to the highest billionaires in the world.

Heritage Foods Revenue Up 19% To ₹1,319.6 Crore In Q2 FY27, EBITDA Margin Improves To 5.6%

Enviro Infra Subsidiary Secures ₹228 Crore Wind EPC Contract From ARIE Energy

IIFL Finance Q2FY27 Net Profit Climbs 93% To ₹805 Crore, AUM Crosses ₹1.24 Lakh Crore

Jeep, Citroen to launch 12 new cars! Stellantis to invest Rs 4,000 Cr in India

Stellantis plans to invest approximately Rs 4,000 crore in India as part of its FaSTLAne 2030 strategy. The investment aims to support the launch of 12 new products, enhancing its presence in the market. Jeep will focus on premium SUVs while Citroen targets mainstream segments. Localisation efforts will increase, aiming for 90% in vehicle production. India will also play a significant role in Stellantis's export strategy.

Will government announce DA hike after Dussehra?

SUNCASA Brings Premium 304 Grade Stainless Steel Cookware To Indian Kitchens This Diwali

Alok Industries Q2 FY27 Results: Net Loss Widens To Rs 208.42 Crore Despite 15% Revenue Growth

YES Bank Breaks Silence After Market Hours On ₹8,415 Crore AT1 Bond Case, Says Reviewing Supreme Court Judgment

SBI Hikes Lending Rates By 15 Basis Points, Here's How Much Extra You May Pay On Home Loan EMIs From October 15

India's edible oil imports dip 7 pc in Sep: SEA

India's August BoP surplus swings to $45.4 billion

Jio Financial Services Q2 Net Profit Falls 51 Per Cent To ₹340 Crore As Expenses Rise

PNB Holds Retail Credit Outreach Programme In Kolhapur

India’s exports jump 23% in September; trade deficit narrows to $30.21 billion

High crude oil prices amid the West Asia crisis have helped India earn better realisations from petroleum product exports

Another fuel price hike may trouble Indians

The government may hike fuel prices moderately in November as it looks at a brief window before key state Assembly elections planned early next year, Bloomberg reported on Thursday, citing Oxford Economics.“We regard November as the last realistic window” for price increases at the pump, “before campaigning for early-2027 state elections intensifies,” Alexandra Hermann Prasad, lead economist at Oxford Economics, wrote in a note accessed by Bloomberg.Also read: India's retail inflation quickens to 5.54% in September from 4.83% in August, hits near two-year highGoa, Uttarakhand, Punjab, Manipur,

Stellantis to invest ₹4,000 cr, plan 12 India launches, triple market share by 2030

Jeep and Citroën’s export share is expected to double over the next four years.

Why claim for more even after recovering ₹14,131 cr. vs. ₹6,203-cr. Kingfisher Airlines debt? Karnataka HC asks bank consortium

Vijay Mallaya’s vanity, flamboyant lifestyle coming in the way of giving quietus to claims of banks

Auto cos face cost squeeze as input prices surge

Sebi revises CAS, fine print on derivatives expiry

Nilekani calls for expanding Account Aggregators

Americans battling higher prices, but for how long?

Auto sales gain festive momentum in Sept

New Delhi: Car sales rose in strong double-digits year-on-year in September on a low base, as manufacturers ramped up dispatches to the dealers to build stocks anticipating robust customer demand during the festivals of Navratri and Dussehra this month.The Society of Indian Automobile Manufacturers (SIAM) data showed as many as 454,574 cars, sedans and utility vehicles were sold last month, a 22% jump over the year-ago period. Two-wheelers grew 13.5% to 2.46 million units. Three-wheeler dispatches also went up 16% to 98,162 units in September.Also read: Auto industry faces cost squeeze as stee

Luxury car buyers lose most GST 2.0 benefits

US stocks: Dow, S&P 500 end higher as traders shift from AI to healthcare

The Dow, S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly, UnitedHealth and other healthcare and consumer stocks.Several technology stocks fell, as investors scrutinized AI-related companies whose debt loads leave them vulnerable to rising interest rates.Eli Lilly, UnitedHealth and Walmart rallied after rating upgrades by Deutsche Bank.Broadcom and Nvidia dipped after chip manufacturer TSMC struck a cautious note on 2027 despite reporting a sixth consecutive record quarterly profit ‌on robust AI-driven demand.D

Karur Vysya Bank shares rally 6% after Q2 profit jumps 37% YoY

Karur Vysya Bank shares rallied as much as 5.51% to hit an intraday high of Rs 364.70 on Friday after the private sector lender reported strong September quarter results, with net profit rising 37% year-on-year (YoY) and net interest income (NII) increasing 19%.The bank reported a net profit of Rs 788 crore in Q2, up 37% from Rs 574 crore in the corresponding quarter of the previous fiscal year.Net interest income, which represents the difference between interest earned and interest paid, rose 19% to Rs 1,497.3 crore in the September quarter from Rs 1,261 crore a year earlier.The bank reported

CCL Products (India) Consolidated Net Profit Rises 29% To ₹130.11 Crore In Q2

Wipro Stock Jumps Over 6% On Back Of Strong Q2 Results

Kotak, Nippon Stop Investments After Court's Yes Bank Ruling. Here's Why

Yes Bank will now have to pay principal to investors and all the interests because of the court ruling.

India's GDP to grow 7.1-7.3% in FY27: Deloitte

Rupee Gets Some Relief But With Disruptions In Financial Markets

The rupee is set for a 1.9% advance this week, its biggest weekly gain in four years.

Tata Trusts Row Deepens, Sir Dorabji Tata Trust And Bai Hirabai Challenge Mehli Mistry’s Right To Raise Governance Objections

Gold FoF Inflows Paused Before Diwali, Existing SIPs And Withdrawals Continue

IDBI Bank Fairfax Takeover, Know - What Happens To Your Savings Accounts, Fixed Deposits & Money After ₹52,878 Crore Deal?

HDFC Bank Deputy MD Kaizad Bharucha May Seek Early Retirement As Anup Bagchi Prepares To Take Charge As CEO

Rupee relief comes with disruptions in financial markets

The Reserve Bank of India’s historic defense of the rupee bought the currency some reprieve, but at a steep cost.The rupee is set for a 1.9% advance this week, its biggest weekly gain in four years. Yet liquidity in parts of the foreign-exchange market is drying up, hedging costs have jumped to a decade-high and bond yields have reached their highest level in more than three years.134985562The RBI’s most aggressive currency intervention in more than a decade is rippling across India’s financial markets. Tighter restrictions have disrupted most of the hedging activity that typically helps absor

Onward Technologies Total Revenue Up 22.2% To ₹171.2 Crore In Q2 FY27

Mankind Pharma To Acquire 70% Stake In Cancer Therapy Firm ACTx, ₹511 Crore Deal Marks Entry Into Advanced Cancer Treatments

Opinion: Opinion: Ray-Ban's Billionaire Family Drama Is Hitting New Lows

The young Del Vecchio has in effect become an activist stakeholder in his family's firm

Tata arm gets ₹908 cr relief but there’s a bill to pay

Aurum PropTech Q2 FY27 Total Income Up 57% To ₹137 Crore, Margins Widen

Gautam Singhania To Attend NDTV World Summit 2026: All About Raymond Chairman

Gautam Hari Singhania is an Indian businessman who heads Raymond Limited

Solara Active Pharma Sciences Ltd Reports ₹28.46 Crore Consolidated Profit In Q2

Financial Inclusion Must Go Beyond Accounts, ASSOCHAM Summit Flags ₹30 Trillion MSME Credit Gap

₹53,000-crore IDBI Bank deal faces its final test

Rs 10,000 crore for small businesses: Who can benefit from India's new SME Growth Fund?

The Union Cabinet has greenlit a substantial Rs 10,000-crore SME Growth Fund dedicated to bolstering small and medium enterprises. This initiative focuses on equity investments in growth-driven manufacturing businesses that demonstrate strong viability and scalability. While the fund's launch is promising, the specifics of how to apply are still under wraps, making its successful impact contingent on the effective expansion of the chosen enterprises.

Yes Bank may take a blow in core capital ratio

Cheap shares, WhatsApp tips, then a crash: ED probes stock manipulation case

Cheap shares, WhatsApp tips, then a crash: ED probes stock manipulation case

Gold FoFs halt fresh investments: Why it matters

Oberoi Realty Q2 FY27 Net Profit Rises Marginally To ₹762 Crore; Revenue Falls 6% YoY

Jindal Saw September Quarter Profit Falls 74% As Higher Expenses & MENA Export Disruptions Weigh

Sitharaman pitches public-private funding for cities

Swiss firm Cotecna acquires Hyderabad-based Energon Labs

InvoiceCloud to invest ₹350 crore on Hyderabad innovation hub

CoreWeave stock wipeout exposes divide between AI fear and greed

CoreWeave Inc. has become caught in a tug of war between investors who see rising bond yields as a potential rally killer for the AI trade and those who think demand for computing power will make those concerns seem passe before long.The cloud-computing services provider’s shares plunged 20% in the first three sessions of the week, including more than 15% on Wednesday, as its debt tumbled to levels that typically indicate distress. On Thursday morning, the cost of protecting CoreWeave bonds against default rose to the highest intraday level on record, while swaps priced in a more than 60% chan

India’s crude imports rise 7% in September, bill surges 47%

Net spend on oil and gas imports increased about 40% to $13.4 billion.

'India Among Leading World Bank Investors': Ajay Banga

Ajay Banga said investment mobilisation had nearly tripled in lower-middle-income countries.

1908 San Francisco mansion hits market for first time in 30 years

Built in 1908 for timber magnate Frank P. Doe, Doe House merges historic charm with modern amenities. Spanning 8,175 square feet, it boasts seven spacious bedrooms and ample outdoor spaces. Nestled in Pacific Heights, the mansion offers breathtaking views of Lafayette Park and San Francisco Bay. With its recent renovations that preserve the original Edwardsian style, this $27 million estate is a remarkable find for discerning buyers.

Mumbai Housing Demand Jumps 8.2% In Q3 2026, Homes Below ₹1.5 Crore See Strong Buyer Interest Amid Supply Gap

India Housing Demand Rises 8.2% In Q3 2026 Ahead Of Festive Season; Mumbai, Chennai See Strong Price Gains: Report

Big US bank stocks head for longest weekly losing streak since 2008

Shares of major US banks headed for their longest weekly losing streak since the 2008 global financial crisis after mixed quarterly earnings failed to improve sentiment toward the struggling sector, Bloomberg News reported.The 24-member KBW Bank Index fell about 1.3% during the week and remained in correction territory, having declined roughly 13% from its August record. Although the group had suffered steeper selloffs—including a nearly 17% decline earlier in the year—it was on course for a sixth consecutive weekly loss, its longest such run since 2008.Bank stocks had already come under press

No meddling as 'middlemen' in forex conversion

Panasonic reverses stand on Indianising top deck

Nantucket mansion bought for $13.95m now asks $45m, could set state record

Individuals spared from new FEMA reporting requirement: RBI clarifies

The clarification is expected to ease concerns among small digital service providers and individuals receiving or making legitimate cross-border payments for personal or small-scale professional purposes.

Trillion dollar gap: US budget deficit swells to nearly $2 tn in fiscal 2026

In fiscal 2026, the United States government faced a substantial budget shortfall of $2 trillion, largely attributed to soaring expenditures. Key factors included rising debt-service costs, increased social benefits, and heightened defense spending. Meanwhile, a Supreme Court ruling resulted in reduced tariff collections and notable refunds. This deficit represents 6.

Audi Launches All-New Q3 In India, ₹51.99 Lakh SUV Combines Digital Lighting With Nine Airbags

Indo Rama Synthetics Posts 201.8% PAT Rise To ₹74.1 Crore In Q2 FY27; Plans ₹200 Crore Investment

SBICAP Securities Standalone Net Profit Rises 11.25% To ₹156.29 Crore In September Quarter

SME IPO Fundraising Nearly Doubles To ₹3,791.67 Crore, Listings Jump 111% In July–September

Axis Bank Reports 38% Surge In Q2 FY27 Profit, Quarterly Earnings Reach ₹7,003 Crore

Central Bank Of India’s Q2 FY27 Consolidated Net Profit Rose 40.58 Per Cent Year-On-Year To ₹1,718.60 Crore

Renault bets big on hybrids, CNG to win back India

ICICI Bank Reports 22% Year-On-Year Rise In Q2 Net Profit, Quarterly Earnings Reach ₹16,333 Crore

Laguna Beach mansion listed for $112m sells for $82.57m

A contemporary mansion in Laguna Beach has been sold for $82.6 million, which is significantly below the asking price. The property was purchased by David Wilson in 2001 for $16 million and has since been upgraded. With eight bedrooms and numerous luxurious amenities, the mansion spans over 14,400 square feet. This sale ranks as the second-priciest residential deal in Orange County's history.

HDFC Bank deputy MD seeks to step down on Dec 31

HDFC deputy MD Kaizad Bharucha announces exit ahead of Anup Bagchi's takeover as CEO

HDFC Bank's Deputy Managing Director, Kaizad Bharucha, has announced his resignation, effective December 31. This move precedes Anup Bagchi's appointment as the new Managing Director and CEO. In the latest reports, HDFC Bank has demonstrated remarkable profitability shifts this July to September, reflecting improved asset quality and a surge in net profit. Bharucha's resignation awaits approval from the Reserve Bank of India, as it has been accepted by the board.

HDFC Bank Deputy MD Kaizad Bharucha To Step Down On Dec 31

Axis appoints HDFC veteran to lead Bharat Banking

SBI, Subsidiaries’ Customer Data Allegedly On Dark Web: 3.75 Lakh Records, 2,722 Documents Claimed In Data Breach

Yes Bank Q2 profit beats D-Street's estimates

Czech–India Industry and Business Forum Strengthens Bilateral Economic Cooperation and Innovation Partnerships

ED Freezes Assets Worth Over ₹15 Crore In APX Betting Probe; Identifies ₹182 Cr In APMC-Linked Withdrawals

Rare Queen Elizabeth II banknote helps raise £85,860

Family offices bet Rs 2,000 cr on temple hotels

Mumbai: Family offices are investing in hospitality assets around major pilgrimage centres across India, from Deoghar and Mathura to Saurashtra and Udupi, opening a new frontier for the domestic hotel industry. From a Mumbai family office acquiring a nearly completed upscale hotel in Udupi to RR Kabel's investment in Salasar Balaji, family capital is flowing into branded hotels around India's biggest pilgrimage centres.Nearly Rs 2,000 crore has been committed across key religious destinations over the past 12-18 months, according to Noesis Hotel Advisors, as some of India's wealthiest business

Bank of Baroda organises MSME Customer Outreach Programme in Mumbai; Engages Over 200 Entrepreneurs

Tata Trusts’ spending soars in Noel’s 1st full year

Jindal Steel wins Worldsteel 2026 Steelie Award for Excellence in People

Litigation funders bet on inheritance battles

India’s soybean output seen falling 2.1% in Kharif

India must keep policy steady for FDI

Vedanta doubles South Africa zinc capacity

Vedanta Ltd has doubled its zinc production capacity in South Africa with an investment of $600 million, the company said in a statement.Further details are awaited.

FMCG face cost pressures, margin squeeze in H2

New Delhi: FMCG companies face sustained margin pressure in the second half of the current fiscal year as rising input costs squeeze profitability, with firms weighing post-Diwali price hikes against the risk of hurting consumer demand, particularly in price-sensitive mass-market and rural categories.Input-cost pressures intensified in the September quarter, reversing some of the moderation seen in the preceding quarter, which squeezed margins even as companies absorbed part of it to protect consumer demand during the festive season.The increase has been uneven across commodities, with crude-l

Yes Bank's AT1 ghost returns with ₹5,217 cr bill

JSW Steel gets ₹696 crore-tax relief from Odisha HC

India’s services trade cushion faces a new test

Bank of Baroda Organises MSME Customer Outreach Programme in Mumbai; Engages Over 200 Entrepreneurs

JLR India expands NCR retail presence

New Delhi: Jaguar Land Rover (JLR) India is expanding its retail presence in the National Capital Region, with the luxury automaker relocating to a bigger integrated facility in Delhi and opening a new outlet in Gurugram, seeing it as a key growth market.The Tata Group-owned automaker's Managing Director, Rajan Amba said the move strengthens JLR's retail presence in the region, terming it an "important market".Delhi remains an important market for JLR India, Amba said, adding, "This integrated facility reflects our unwavering focus on delivering world-class retail and after-sales services in k

FMCG firms feel the pinch: Will your favourite products cost more this Diwali?

FMCG companies face a challenging landscape as they contend with surging costs for essential raw materials like palm oil and sugar. The pressure on operating margins is significant and unlikely to alleviate soon. To maintain goodwill during the festive season, firms are absorbing some of these cost hikes rather than passing them on to consumers.

PNB eyes Rs 6k cr profit post record Q2 performance

UCO Bank Announces 530 Apprentice Vacancies, Check State-Wise Seats

Applicants must register on the NATS portal.

₹1.01 Lakh Crore Investment Grounded Since Global Investors Summit 2023, Says Industries Secretary Vinay Shankar Pandey

HDFC Mutual Fund Marks Listing of HDFC FTSE India Equity ETF on NSE

Disinvestment: Five Years Of Promises, Three Sales

Global investors against use of JAAR

Want to become a financial adviser? Courses to pick

Funding costs put NBFC margins under pressure

Home loan closed? Ways to use your EMI money

SIP vs STP for PMS: Key differences, costs and risks

Will vs Trust: Avoid these estate planning mistakes

Carnelian NFO: Is Rs 5,000 crore cap a smart move?

Worried about hike? Check your firm's financials

Equity vs gold vs debt: Where to allocate most?

Why to use SWR formula for your retirement fund

Ixigo shares rally 13% after travel platform reports all-time high profit

Ixigo shares rallied after the travel booking platform reported its highest ever quarterly profit, with strong growth in hotels, flights and buses helping offset a decline in adjusted earnings. The stock rose as much as 13% to ₹163.38 on the NSE.Ixigo reported an all-time high profit after tax of ₹63.42 crore for the quarter ended September 30. The company said the figure was aided by the partial sale of its stake in Freshbus, making the record profit partly non-operational in nature.Gross transaction value rose 22% from a year earlier to ₹5,304.47 crore, while revenue from operations increase

Kross shares rally 16% after Q2 profit jumps 143% YoY; stock hits 52-week high

Kross shares rallied 15.62% to Rs 314.35 on the BSE on Monday, after the company reported strong standalone financial results for the September quarter of FY27. The company posted a 143% year-on-year surge in its Q2 net profit to Rs 19.69 crore, from Rs 8.08 crore in the same quarter last year. Revenue from operations rose 80% YoY to Rs 235.09 crore, from Rs 130.92 crore in the corresponding quarter of the previous year.According to the company’s exchange filing, EBITDA more than doubled, increasing 107.4% YoY to Rs 30.60 crore from Rs 14.75 crore in the year-ago quarter.Profitability also imp

Bright Outdoor Media Reports 13.49% Rise In Total Income, Revenue Reaches ₹71.85 Crore In First Half Of FY27

Bank holidays this week: List of bank closures for Dussehra, Durga Puja & more

As the festive season in India draws near, numerous bank holidays will mark the month of October. It’s essential for customers to verify the holiday schedules specific to their regions, particularly regarding closures for Dussehra, Durga Puja, and other festivities. Fortunately, services like ATMs and mobile banking will still operate, allowing for uninterrupted transactions. Careful planning can help customers navigate potential inconveniences during this busy season.

TCS BaNCS For Treasury Enters Sri Lanka Market With Indian Bank Deal

Gold Surges To ₹1.48 Lakh While Silver Tops ₹2.12 Lakh, Easing US Fed Rate Hike Fears Boost Precious Metals

HFCL Q2 FY27 Consolidated PAT Jumps 448% To ₹394.22 Crore, Revenue Up 143%

RBI Repo Rate Hike: Should You Pay More EMI Or Extend Home Loan Tenure?

RBI's rate hike impact will depend on outstanding principal, remaining tenure and existing interest rate.