Business

Deposit per se may not be a binding constraint for credit creation: RBI bulletin

So, a bank does not necessarily need to mobilise liabilities (such as deposits) before credit creation

Noida luxury housing market shifts focus to serviced residences

Beyond conventional amenities, buyers are looking at design, concierge services, housekeeping and other hospitality-led conveniences

Financial transparency in private universities key for students' interests: ABVP

The primary objective of universities should be to provide quality education and create better opportunities for students

Vedanta group announces 1 lakh crore investment drive in Odisha; targets 50,000 jobs

The group also plans to expand its existing operations in Jharsuguda

Arete 22 files draft papers for 440-crore IPO

The proposed IPO is entirely a fresh issue of equity shares

SWELECT Energy Systems rolls out new inverter portfolio for commercial and industrial segment

The range, available from 5 kW to 50 kW, is designed around the energy storage needs of businesses

What is Passive Investing? Hows it different from putting your money through active investments? Explained

With passive investing, funds track market indices, reducing the need for individual stock selection. Read more to find out.

Over 10% economic growth possible for India: Finance Minister

To achieve this, the country must put greater effort into growing multiple sectors, including startups, using technological innovations

Deendayal Port Authority, Assam Petro-Chemicals lay foundation stone for 2,300-crore e-methanol plant in Gujarat

The 2,300-crore project is aimed at supplying cleaner fuel to the maritime sector and is part of the ports plan to develop itself as a green-fuel

SME IPO market revives, but listing gains lose sheen

About 43 companies raise 1,702 crore in September as investors turn more selective

8th pay commission: Here's how to apply for official state visits in Mumbai and Bengaluru

The 8th central pay commission (CPC) has announced official meetings and state visits as part of its consultation stage. Since March, the commiss

Grand Continent Hotels launches new hotel at Vellore

The new 50-room hotel has been designed to cater to business travellers, medical tourists, students and their families, leisure travellers and pi

Aluminium extrusion industry warns of factory closures as production falls

Production has declined to 8-9 lakh tonnes from around 12 lakh tonnes earlier, against an installed capacity of about 30 lakh tonnes

DA hike July 2026: Will DA rise to 64% from 60%? 18,000, to 56,100 basic salary | Calculate your likely increase

The organisation clarified it seeks no advance payments but wants the pending process completed to settle arrears and revised salary payments. It

Judiciary committed to protecting students' right to hold peaceful protests: CJI Surya Kant

Chief Justice of India Surya Kant affirmed the judiciary's commitment to safeguarding students' rights to peaceful protests. He addressed police

DA news: Punjab govt notifies 8% dearness allowance hike for state employees and pensioners Latest updates

DA news update: Punjab government has notified an 8% dearness allowance hike for state government and pensioners, effective from 1 September, as

J Infratech files IPO papers; eyes 600 cr via fresh issue

Apart from the fresh issue, the company's proposed IPO comprises an offer for sale of 1 crore equity shares by promoters, according to the draft

Centre extending support to manufacturing to end dependency, says Finance Minister

Government offering incentives to those who want to free themselves from dependence on other countries, she said

Judiciary committed to protecting students' right to hold peaceful protests: CJI

Negotiators secure a ceasefire in the conflict-torn region as violence subsides and humanitarian aid resumes, amid international calls for restra

Property bought for 48 lakh, stamp value 58.7 lakh: Why ITAT cancelled 70,700 tax penalty

A recent ITAT ruling emphasizes that property transactions below stamp duty value can trigger tax scrutiny. A Ghaziabad taxpayer faced penalties

Todays Gold Rate, September 26: Check Gold Rates in Delhi, Mumbai, Chennai

22, 24 carat Gold prices down across metro cities on September 26

J Infratech files IPO papers; eyes Rs 600 cr via fresh issue

J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an off

Indias semiconductor ecosystem likely to see gradual value creation over next 3-5 years: Report

Indias semiconductor demand is projected to rise from about $56 billion in 2025 to more than $117 billion by 2030, implying a roughly 16% CAGR

Investment worth 469 crore gets ground for implementation through UPITS platform

The five industrial projects secured a total allotted area of 71,190 square meters in the YEIDA region

SBI hands over cheque worth 500 crore to Jeevika Didis in Patna

In Bihar, Jeevika Didi refers to women members of State government initiative Bihar Rural Livelihoods Project (BRLP), locally known as Jeevika, a

Steamhouse India wins 311 cr EPC mandate for 300 TPH steam project in Himachal

The mandate also includes commissioning and comprehensive operation and maintenance (O&M) of the facility for 25 years, giving Steamhouse an EPC

Tax audit deadline 30 September: 5 things taxpayers should do as professionals seek more time

The tax audit deadline for AY 2026-27 is 30 September 2026, while professional bodies are seeking more time. Taxpayers should not wait for an ext

Ajay Devgn's 47.5 crore Juhu bungalow gets BMC stop-work notice: Here's why

The dispute revolves around the proposed commercial use of a strictly residential property.

Yamuna Expressway Development Authority welcomes applications for 19 school, office plots near Noida airport: Details

Yamuna Expressway Industrial Development Authority (YEIDA) is now accepting applications for 19 institutional plots, including 10 school sites an

NSE partners with Augmont to simplify Electronic Gold Receipts, boost gold market participation

Partnership expected to make it easier to convert physical gold into EGRs and convert the receipts back into physical gold within the regulated e

EU warns of energy 'price crisis,' asks countries to consider curbing demand, letter shows

While the EU is better prepared now than it was in winter 2021 when Russia squeezed Europe's gas supplies by reducing deliveries, governments mus

F&O Talk: 23,270 is a key Nifty hurdle; Sudeep Shah picks 5 stocks, discusses PB Fintech, Turtlemint strategy

Nifty ended at 23,140.50 after an eighth consecutive weekly decline, with technical indicators remaining bearish. Analysts identify 23,300 as key

AI-powered WhatsApp calls boost e-commerce sales

The findings, based on 30 brands using GoKwiks AI Calling feature, show that voice is emerging as a new conversion tool for ecommerce companies s

NTPC, EDF form JV firm as India & France explore deepening engagement in clean energy

The JV firm, with the Indian arm of French power major EDF, is eyeing pumped storage projects, hydro power projects, other renewable energy proje

Can legal heirs be liable for a deceased parents income tax dues? Experts explain

A parents death does not automatically erase income tax dues. Under Section 302 of the Income-tax Act, 2025, legal heirs may be liable, generally

Meta misled users about Facebook data practices, New Mexico jury finds

New Mexico argues that Facebook failed to disclose that it sold user data to outside parties and allowed harmful content to spread when doing so

Bitcoin rebounds strongly this week, trades near $84,000 after climbing above $86,000. Here is what experts say

Bitcoin rebounded to around $84,000 after briefly crossing $86,000, while Ethereum traded near $2,688. Bitcoin gained 3.6% weekly, supported by p

Debt-to-income ratio explained: How lenders assess your repayment capacity

Debt-to-income ratio (DTI) is an important measure lenders consider when assessing a loan application. It compares monthly debt payments with gro

IIT Madras Unicorn Frontier Fund I achieves first close at 450 cr

IIT Madras alumni emerge as key contributors for close

Oracle layoffs offer a warning: 5 money moves to make before the pink slip arrives

Oracle has laid off several employees in its cloud infrastructure division recently, reflecting its ongoing restructuring amid increased focus on

Gold may rise to $5,000/oz in H1 2027 after near-term consolidation: ICICI Bank

The bank expects gold to trade in the $4,200-$4,600 per ounce range for the rest of 2026, with a marginal upside bias in the first half of 2027

FIIs, MFs raise stakes in 10 stocks; shares gain up to 40% in 3 months

FIIs and mutual funds raised holdings in several Nifty 500 stocks during the June 2026 quarter. Seven stocks subsequently gained 15%-41%, highlig

Rupee gains from FCNR (B) boost reverse in September amid higher crude oil prices: RBI bulletin

The Indian rupee, previously buoyed by FCNR(B) deposits, depreciated as crude oil prices rose. Will the pressure on INR ease in the near future?

Central government DA, DR update: Employee body urges early decision on the July 2026 revision

Central government employees have sought an early announcement of July 2026 DA and DR. The revised rate is effective from 1 July, while the widel

TDB signs agreement with Agnikul Cosmos for 200 crore under RDI fund

Support to be provided through Optionally Convertible Debentures

These 5 SIFs have delivered over 10% returns since their inception. Check inception date and performance

Five SIFs have delivered double-digit returns since inception, led by Quant Mutual Fund

DHL Express to hike charges by 8.9% in India from January 2027

DHL Express says it adjusts its prices annually to account for inflationary pressures, currency fluctuations, and industry-specific cost developm

Paramount Skydance to move stock listing to NYSE from Nasdaq

Trading on Nasdaq is expected to end at market close on or around October 5, while trading on the NYSE is expected to begin at market open on Oct

Multiple mutual funds, same stocks? Heres how to check for portfolio overlap

Portfolio overlap can reduce the diversification investors expect from holding multiple mutual funds. Identical top holdings, particularly across

Vishal Nirmiti IPO to open on Sep 30; price band fixed at 208-220

The IPO comprises a fresh issue of up to 69.71 lakh equity shares, aggregating to 145 crore at the upper end of the price band, and an offer for

Gift Nifty hits record $23.67 bn turnover, open interest crosses $21 bn

The latest turnover record surpassed the previous high of $23.48 billion recorded on February 20, 2026, while the open interest record exceeded t

Mutual fund SIPs did better than lumpsum across 5 equity categories in 2 years. Check details

Over two years, SIPs outperformed lump-sum investments across equity fund categories, with the gap widest in smallcap funds. SIPs delivered posit

Bl.Changemaker awards 2026, Changemaker Social Transformation: Project Sambandh

Passenger vehicle retail sales to grow 15-16% in September amid steady demand: Yes Securities

The overall domestic automobile retail market maintains positive momentum across segments excluding tractors, driven by strong channel confidence

Bl.Changemaker awards 2026, Changemaker of the year: Purnima Devi Barman

businessline Changemaker awards 2026, Social Transformation: Sankara Eye Foundation

Baanganga Gold & Diamond files DRHP for Rs 720 crore IPO, fresh issue pegged at Rs 540 crore

Baanganga Gold

Maharashtra govt declares 265 of 358 talukas drought-affected, announces relief measures

This covers 74% of the state, government resolution says

Housing sales drop 6% in Jul-Sep across top 9 cities to 1.03 lakh units on slow demand: PropEquity

Housing sales in nine cities fell to 1,03,170 units in July-September from 1,09,420 units in the year-ago period

GIFT Nifty goes into overdrive, hits all-time high in volume and open interest

GIFT Nifty recorded a record single-day volume of 457,999 contracts worth $21.18 billion on September 24, 2026. Open interest also hit an all-tim

Water conservation shared duty, ideas must translate into action: Union Jal Shakti minister

Patil says that technical cooperation between Indian and Dutch institutions has gained momentum, particularly in the context of the Kalpasar proj

Senior citizen wrongly paid tax on tax-free bonds: What the 9.91 lakh ITAT case means

A senior citizen who mistakenly paid 9.91 lakh tax on interest from tax-free bonds has received relief from the ITAT. The case highlights Section

Baanganga Gold & Diamond files draft papers for 720-crore IPO

Proposed IPO comprises a fresh issue of equity shares worth up to 540 crore and an OFS of shares worth up to 180 crore

Deon Energy files draft papers with Sebi to raise funds via IPO

Deon Energy, an Ahmedabad-based solar EPC firm, is set to launch an IPO to gather capital. This offering will feature a fresh equity share issue

Rupee likely to trade in Rs 94.5-96 range in near term as dollar inflows fail to lift currency: Report

The rupee is expected to fluctuate between Rs 94.5 and Rs 96 against the US dollar in the short term. Despite significant dollar inflows via FCNR

Perplexity AI sued by startup for allegedly stealing 'wake word' technology

The complaint says that Perplexity stole DaVoice's secrets after the companies collaborated on unspecified technology uilt with DaVoices propriet

ETMarkets Smart Talk | Rate-cut cycle over, RBI may be at cusp of rate hikes; yields could inch higher: Puneet Pal

PGIM India

EAM Jaishankar meets Iranian, Russian foreign ministers on UNGA margins

Discussions include bilateral issues, cooperation in the BRICS grouping and the Gulf conflict

OpenAI says its models engaged with US government websites in new model misbehaviour disclosure

OpenAI says that the AI giant's models accessed publicly available information on two websites operated by the Securities and Exchange Commission

Govt orders captive coal plants to maximise power output on surging demand

Power ministrys order, invoked under emergency provisions of the Electricity Act, applies to plants with installed capacity of at least 50 megawa

Ration card biometric verification: Tamil Nadu holds special eKYC camp at ration shops

Special camp is being organised from 9 am to 5 pm across all ration shops in Tamil Nadu, except in areas where by-elections are scheduled (Madura

Prestige Group drops Rs 2,700 cr IPO plan for hospitality arm, cites bad market conditions

Realty firm Prestige Estates has withdrawn its IPO plan for its hotel business amid uncertain market conditions. The company initially aimed to r

SEBIs new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani

SEBI

FIIs unlikely to return in large numbers without new growth engines in India: Bernstein

Foreign Institutional Investors are expected to remain cautious regarding Indian equities over the coming year. A report indicates that significa

IMD warns of more heavy rain, thunderstorms in UP amid widespread crop damage

Relief and rescue agencies asked to remain prepared for flooding, waterlogging, lightning and strong winds

Were ready to go but IMEC is being held up in the Middle East: Senior US State Department official

The United States and India remain ready to advance the India-Middle East-Europe Economic Corridor (IMEC), but the challenge is the situation in

Starbucks to shut down around 250 stores in US

Affected stores either have not delivered the customer and employee experience the company wants or are not financially viable, Starbucks says

Keralams capital expenditure low, committed expenditure high: CM Satheesan

The CM says that around 80% of the revenue received by the state went towards committed expenditure, including salaries, pensions and interest on

No ATM charges, banks to operate on Sunday: What initiatives did Centre take to minimise disruptions during 3-day strike

From September 28 to 30, 2026, a proposed nationwide bank strike may disrupt in-branch services in India. Here are the steps taken by the governm

Karnataka aims to eliminate preventable maternal deaths, says minister

A dedicated state-level unit for preventing maternal deaths would be established, with a designated officer to coordinate and monitor focused int

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

JSW One Platforms Ltd has submitted its draft documents to SEBI for a substantial IPO, targeting to generate Rs 3,054 crore. This offering compri

Nifty logs 7th straight weekly loss for the first time in 6 years: Time to be fearful, or can bulls pull off a comeback?

Indian equities extended their losing streak to seven weeks as elevated crude prices, rising US Treasury yields, geopolitical uncertainty and FII

Punjab emerging as major industrial hub, attracted 1.89 lakh cr investment in 4 years: Mann

This generates employment potential for 6.31 lakh youth and is driving industrial growth beyond traditional centres

Saudi says it intercepted 2 drones launched by Houthis towards Riyadh

The Saudi civil defence had sent alerts overnight for Khamis Mushait and Abha but not for the capital

Explained: Which mutual fund ratios should investors check before investing?

Mutual fund risk ratios help investors assess a scheme beyond past returns. Key measures include alpha, beta, R-squared, Sharpe, Treynor, informa

NABARD sanctions 195-crore loan to boost fisheries infrastructure in Bihar's Siwan

The initiative aims to boost fish production, strengthen the fisheries value chain and improve the incomes and livelihoods of fish farmers, coope

India-Denmark relations growing by day, Copenhagen supports permanent UNSC seat for India: Envoy Kristensen

Denmarks Ambassador to India Rasmus Abildgaard Kristensen says more than 250 Danish companies currently present in India across manufacturing, ca

Give blood, buy bonds: Countries get creative in hunt for cash

Romania is tapping retail investors through an unusual blood-for-bonds program, offering donors access to government securities with yields above

Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strength

Upcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US stock

India, France discuss EPR reactor deployment, nuclear supply chain localisation

Power Secretary Pankaj Agarwal briefs French delegation on progress in finalising Indias regulatory framework for nuclear power, including the Dr