26 C 
What will happen to economy if India-US FTA doesn't happen? RBI Governor reveals
The impact depends on to what extent tariffs are going to be applied. So, it's premature to answer. But obviously it will have some negative impact, Malhotra said during the post-monetary policy press conference in response to a query on the impact on the economy if the trade deal with the US fails to materialise. However, India has concluded or implemented a series of trade agreements in recent months, which could help diversify its export markets.
RBI rate hike: Your home loan EMI just went up
Volkswagen joins forces with JSW for India expansion
After the RBI raised its repo rate to 5.50%, Punjab National Bank, Indian Bank, Bank of Baroda, Bank of India, Indian Overseas Bank and Tamilnad Mercantile Bank increased their lending rates. Here's what this means for customers
NBFC services to banks will attract 18% GST
The interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the bank in the co-lending arrangement. The committee also decided to align the valuation of the NBFC's service with the methodology prescribed by the Reserve Bank of India.
Govt asks banks to develop a sector-wide quantum transition along with an AI resilience framework
According to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile encrypted banking data for future quantum decryption. The finance ministry has also asked banks to assess post-quantum vulnerabilities and initiate mitigation measures, said an official, who did not wish to be identified. Each bank can prepare its internal strategy, but there has to be some common industry parameters, he added.
India, UK seek deeper investment ties
The agreement was part of the joint statement adopted after the fourth UK-India Financial Markets Dialogue, held in London on September 29 , the finance ministry said.
Power ministry issues compensation guidelines for transmission line right of way
New guidelines issued by the power ministry will help establish compensation for landowners affected by interstate transmission lines. States that have not set their own rates must now follow these central guidelines. The guidelines emphasize the importance of timely completion of transmission line construction and effective resolution of right of way issues. Compensation will be based on market values rather than outdated circle rates as previously practiced.
IndiGo flight struck by lightning, lands safely at Lucknow airport
Flight 6E925, operating from Patna to Lucknow, took the lightning strike while approaching Chaudhary Charan Singh International Airport. Despite the incident, the Airbus A320-251N completed the landing safely.
Farmer Karigowda, who owns a 3.5-acre farm in Karlapura Palya in Bengaluru Urban district, grows bottle gourds that weigh around 500 grams each.
'Political dynamics in South Korea': Vance explains uncertainty over Trumps $54B Alaska LNG project
Sunny Deol will reprise his role as Arjun Mehra in the upcoming sequel 'Ikka 2'. Akshaye Khanna will not return, indicating a significant change in the franchise. The sequel will focus on a new storyline rather than continuing the first film's plot. Production is expected to start next year after finalizing the screenplay and theme. Both actors have busy schedules with several upcoming projects on the horizon.
KTR hits out at Rahul Gandhi over arrest of BRS leader; calls him 'coward,' 'undemocratic'
K T Rama Rao took a stand against Rahul Gandhi, condemning his undemocratic behavior during a protest in Delhi. He pointed out Gandhi's involvement in the political chaos in Telangana through ties with Revanth Reddy. The situation worsened with the arrest of BRS leader Krishank Manne, who is linked to allegations concerning Reddy.
EPFO shares security advisory: Here's how to safeguard your account, in simple steps
The EPFO issued a security advisory urging members to protect personal and financial information. It warned against sharing sensitive data and warned of phishing attempts, emphasizing the use of official portals only while remaining vigilant about suspicious links.
India's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and taxation. Following its introduction in 2017, businesses adjusted to new frameworks and updated regulations. Key changes included the phased introduction of e-invoicing and the removal of border checkposts enhancing logistics.
Vijay Deverakonda and Rashmika Mandanna emphasise the importance of keeping relationships private despite public attention. They believe that privacy helps protect what belongs to the couple and does not signify secrecy. Regular communication and small efforts are essential in maintaining a healthy relationship over time. Vijay appreciates how Rashmika expresses her feelings daily, encouraging him to do the same.
103-year-old veterans bar you cant copy today
At the interbank foreign exchange market, the rupee opened at 96.37, then lost ground and fell to 96.57, down 22 paise from its previous close. On Tuesday, the rupee settled at 96.35 against the US dollar
RBI hikes repo rate by 25bps: What it means and how it impacts you | All FAQs answered
The RBI's 25-basis-point repo rate hike on 7 October is aimed at curbing inflation. This increase could raise borrowing costs for loans, affecting monthly repayments, while potential adjustments to deposit rates may also occur.
Karnataka Calls For BFSI, FinTech Collaboration Ahead Of Tech Summit
The Government of Karnataka has called for enhanced collaboration with the BFSI and FinTech sectors to bolster its technology ecosystem and accelerate the adoption of innovative solutions. This initiative, discussed at an Industry Meet, aims to foster partnerships between government, industry, and academia, particularly through programmes like 'Government First', in preparation for the Bengaluru Tech Summit 2026.
IATA urges transparency in Mumbai airport flight cut plan
IATA issued the statement after the Civil Aviation Ministry put on hold Mumbai airports proposal to reduce one-third of all international flights from October 26
New RBI data reveals a recast of India's overnight money market numbers
During the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public sector banks boosted their position in the collateralised overnight money market. Notably, mutual funds maintained a strong presence in the tri-party repo market.
EMIs to increase as RBI kicks off rate-rise cycle, shifts policy stance
The MPC raises the repo rate by 25 basis points to 5.5 per cent and shifts to calibrated tightening, with economists expecting further increases as inflation risks persist
Actress Yami Gautams 100-year-old home in Mandi, reportedly priced at a whopping Rs 8 crore, reflects a traditional Himachali architectural heritage. Built primarily with wood and stone instead of concrete, the residence is believed to showcase the centuries-old Kath Kuni construction technique. This ancient, indigenous method combines stone and wood to create structures that can survive the harshest of weather and earthquakes.
Myntra will launch its Big Fashion Festival on October 8. This year, the festival will showcase over 21,000 brands and more than 8 million styles. Ethnic wear, beauty products, and luxury items will be highlighted during the event. New celebrity collaborations and emerging brands are also part of the offerings.
Released in 1998, Kumar Sanu's 'Jab Kisiki Taraf Dil' from Pyaar To Hona Hi Tha is a timeless masterpiece known for its haunting melody and poignant lyrics. The captivating on-screen partnership of Ajay Devgn and Kajol played a key role in the song's enduring popularity. Sanu cherishes the song, which continues to enchant audiences and attract fresh listeners nearly three decades later with its heartfelt simplicity.
Bank margins set for near-term boost as EBLR loans reprice after MPC rise
Banks with more external benchmark-linked loans could benefit as lending rates reset faster than deposits, while festive and corporate demand may sustain credit growth
The Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, marking its first increase since February 2023. Here's a look at whether this could impact fixed deposit rates and what any transmission would mean for your funds
GST Council to take up far reaching compliance reforms at Thursday meeting
The GST Council is expected to consider simpler compliance, faster refunds and changes to prosecution and arrest rules, with no major rate changes likely at the meeting
FTA utilisation cell set up to boost trade pact gains: Commerce Secretary
The argument that the latest FTAs would deliver better results as they are with complementary economies needs to be demonstrated through actual trade outcomes:
YouTube to distribute ISL for free as Sony bags TV, digital rights for 2026-27 season
The Indian Super League has announced a partnership with YouTube for its 2026-27 season broadcasting. All 163 matches will be streamed live and free on YouTube, enhancing accessibility for fans. Sony Sports Network will broadcast the league on television, ensuring a comprehensive viewing experience.
India-EU FTA to drive German investment into India: Indo-German Chamber chief
India and the EU are set to strengthen trade relations and increase investments from German companies. The Indo-German Engineering Summit highlighted opportunities in advanced manufacturing and sustainability. Jan Noether emphasized the need for German companies to invest in local supply chains in India. Collaborations in technology sectors could enhance India's manufacturing capabilities and create engineering jobs. Greater engagement between Indian and German firms may foster long-term business partnerships.
NCLT approved 107 resolution plans worth Rs 11,000 crore in Q2
The National Company Law Tribunal has set a new benchmark by approving 107 Resolution Plans in the second quarter of FY 202627, a remarkable rise from 60 approved plans in the corresponding quarter of the previous year. Over the first half of the financial year, a total of 185 plans were sanctioned. To date, the Tribunal has approved 1,735 Resolution Plans since its beginning until the end of September 2026.
Sharper, bigger RBI moves coming in December? SBI economists put things in perspective
The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if inflation and global conditions take the expected path.
RBI to firm up views on Irdai's proposed insurance commission overhaul
Governor Sanjay Malhotra says the RBI will submit comments on Irdai's draft commission framework, which proposes product-level caps and lower management expense limits
RBI allows Account Aggregator interoperability, expanding customer choice
Move enables seamless consent-based data sharing, faster credit assessment and consolidated financial views
Personal service transactions need no reporting under new FEMA rules: RBI
To soon issue a frequently asked questions (FAQ) document to clarify the reporting requirements
Your financial life, one statement: RBI adds bank deposits to CAS soon
Demat account holders will get a consolidated view of investments and bank deposits from January 1, while RBI also plans interoperability among account aggregators
A global job spinner for Indians is now turning into a death trap
India has emerged as the worlds second-largest supplier of seafarers, but its growing presence aboard global merchant ships has also left more Indians exposed to wars, piracy and unsafe working conditions. Recent attacks in the Black Sea and off Oman have put the spotlight on how India is trying to protect its maritime workforce through tighter regulation, repatriation efforts, real-time tracking and international cooperation.
Kenny Rogers party palace fell from $8.5M to $3.95M
EPFO is testing a UPI withdrawal facility. This will allow subscribers to withdraw their balance more conveniently. Here are 3 things you should know.
Failure to finalise US trade deal may hurt India, but new FTAs can cushion tariff blow: RBI chief
The diversification of Indias export markets and products as another buffer against a potential tariff shock.
Russian crude deliveries to India crossed $43 billion in 2025 and rose 25% in the first half of 2026
Russia is strengthening its role as a key energy partner for India, supplying about half of its oil imports, with crude purchases exceeding $43 billion in 2025. A senior Russian diplomat said deliveries rose 25% in the first half of 2026, while both countries are exploring investments across oil, gas and nuclear energy.
'India-US trade breakthrough unlikely soon; narrow interim deal possible'
BMI says market access, agriculture and Russian oil remain obstacles to an India-US deal, with a narrow pact likely to offer modest gains and ease policy uncertainty
India, EU launch industry coalition for green shipping corridor
India and the European Union launched an industry coalition for a green shipping corridor to bring companies together to develop cleaner maritime trade routes and accelerate the shift to low-emission fuels. India also plans to raise renewable energy use at major ports above 60% by 2030 and over 90% by 2047.
India's green economy can support 1.3 crore jobs by 2035 but challenges remain: Report
The report says to build a green workforce at scale, India needs to revise the National Policy for Skill Development and Entrepreneurship, 2015, to integrate green jobs as a core focus and establish a National Green Jobs and Skilling Mission as the implementation mechanism.
Liquidity surplus expected to get drained out within the current financial year: RBI Guv
The RBI Governor emphasised that raising the cash reserve ratio (CRR) will be one of the least preferred ways of withdrawing liquidity
India has a 1% GDP opportunity. Its hiding in plain sight
India could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient assets, industry leaders said at MRAM Expo 2026. With 88% of Indian industrial businesses reporting monthly unplanned outages, experts are pushing predictive, data-driven maintenance to improve output and extend asset life.
Tata Power Brings Norway's Floating Solar Tech To India
Tata Power has partnered with Norway's Ocean Sun to introduce innovative membrane-based floating solar technology to India. A 300 kWp pilot project will be undertaken at Tata Power's Mulshi reservoir in Maharashtra to evaluate the technology's performance, reliability, and cost-effectiveness under Indian conditions. This collaboration aims to leverage India's significant floating solar potential and contribute to its renewable energy goals.
Govt bond yields near three-year high after RBI's hawkish policy shift
The benchmark 10-year government bond yield rises to 7.24 per cent as the RBI shifts to withdrawal of accommodation, with foreign outflows and oil prices adding pressure
GST Council may clarify tax treatment of e-commerce logistics system
While the West Bengal Appellate Authority for Advance Ruling (WBAAAR) denied the exemption to Flipkarts logistics model, the Tamil Nadu AAR has ruled in favour of exemption.
Kenso Soai and Henri B. Kagan won the 2026 Nobel Prize in Chemistry for discoveries involving non-linear effects and autocatalysis. Heres what the Soai reaction is, how a tiny molecular imbalance can be amplified, and why the breakthrough matters for chemistry and the mystery of homochirality.
RBI brings new rule for banks to measure risks from derivatives, other such dealings
The Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable derivative exposure or international presence will come under this rule. Lenders below this threshold can choose alternative risk measurement methods.
Tamannaah Bhatia strikes the perfect balance in her fitness journey with a unique blend of strength and cardio exercises. Every morning, she energises herself with invigorating workouts like dance and yoga. Rather than adhering to rigid diets, she opts for moderation in her nutrition. Her trainer highlights the importance of precision in every movement. Ultimately, Tamannaahs approach reveals that consistency is key to fitness success.
Nandini milk prices: The prices of Nandini Milk are expected to rise by Rs 8 per litre, pending Election Commission clearance. This hike will mark the fifth increase since November 2022 and aims to support milk producers facing challenges. The government plans to implement the new prices by November 1, contingent on approval. Of the increase, Rs 6 will benefit milk producers while Rs 2 will go to milk unions.
Russia plague scare: What is pneumonic plague?
Tata Power partners Norway's Ocean Sun for floating solar tech
Tata Power and Ocean Sun have teamed up to introduce pioneering floating solar solutions at Mulshi reservoir. This pilot program will analyze both performance and scalability tailored to Indian circumstances, generating key insights into energy generation and maintenance relative to traditional methods. The collaboration symbolizes a strong partnership in clean energy innovation between India and Norway, with the potential to significantly advance India's floating solar energy initiatives.
CPSEs achieve 51% of FY27 capital expenditure target in first half
Spending led by Railways and NHAI rises 12% YoY in April-September, though September outlays slide 17%
Tomato prices more than double in a month as El Nino impacts Sept weather
A warmer September, lack of ample rainfall, and below-normal night temperatures affect fruit-setting and leaf curl virus incidences, leading to a drop in arrivals
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.
Adani Energy Solutions acquires Satara Power Transmission from PFC arm
PFC Consulting received a consideration of 19.01 crore for the transfer of the SPV to Adani Energy Solutions
FCNR-B deposits: Economic benefits outweigh hedging costs, says Sanjay Malhotra
The RBI had introduced the special USD-INR forex swap facility on June 8, 2026, as part of efforts to strengthen foreign exchange reserves and support balance of payments conditions. The facility allowed banks to offer higher interest rates on FCNR(B) deposits by transferring the currency hedging cost to the central bank.
RBI turns hawkish; ups repo rate by 25 bps to 5.5%
About-face: MPC changes stance from neutral to calibrated tightening; market expects another 50 bps hike in FY27
Govt unveils 2026-30 roadmap to measure value of India's natural wealth
Mospi's 2026-2030 strategy prioritises forests, water, minerals and pollination services, aiming to improve environmental accounts and their relevance to policymaking
The Cabinet increased the EPF wage ceiling to 25,000, expanding coverage for 51 lakh employees. This change, the first in 12 years, raises employer contributions and enhances pension benefits for long-term subscribers, impacting total accumulated corpus.
School holiday news: On October 8, 2026, most schools across India are set to operate normally and hold classes. Local disruptions, particularly due to weather, may lead to specific closures in certain areas. Parents are encouraged to verify school schedules and follow district notifications closely. Schools in states like Delhi, Uttar Pradesh, and West Bengal are expected to remain operational.
Sharma Offers Personal Funds For Indian AI Models
Paytm founder Vijay Shekhar Sharma has pledged personal funds, ranging from Rs 1 crore to Rs 2 crore, to Indian entrepreneurs developing their own artificial intelligence models. This initiative aims to foster indigenous AI capabilities and reduce reliance on foreign models, echoing Sharma's past success in mobile payments.
RBI ups real GDP, CPI inflation forecasts for FY27 amid repo rate hike
It also raised its CPI inflation projection for FY27 to 5.2 per cent from the earlier 5 per cent
5 money lessons from international bestseller I Will Teach You to Be Rich by Ramit Sethi
Ramit Sethi's I Will Teach You to Be Rich is an international bestseller. Here are 5 money lessons from the personal finance book.
Maintenance Economy Key To India's 1% GDP Growth
Industry leaders at MRAM Expo 2026 highlighted that India's maintenance economy has the potential to unlock a 1 per cent GDP opportunity. This growth can be achieved by addressing productivity losses from equipment breakdowns, unplanned downtime, and inefficient assets through smarter asset management practices. The NITI Aayog also supports AI-based predictive maintenance for resilient infrastructure, while the Indian Asset Performance Management market is projected for substantial growth by 2033.
MDR on UPI unlikely to dent transaction volumes: RBI Governor Malhotra
A 0.4 per cent merchant discount rate takes effect on October 15, while small payments remain free; UPI recorded 802 million average daily transactions in September.
Poor women workers in informal sector contribute significantly to nations economy: Nandini Azad
She says these women survive amidst starvation, social oppression, and the three-fold inequalities of caste, class, and gender
Actress Kiara Advani and her husband and Shershaah co-star Sidharth Malhotra shared good news again they were expecting a second child. While this is not the first time Kiara has been pregnant, she has always maintained a very good diet even as an expectant mother.
Brookfield to acquire ESR Indias industrial and logistics portfolio
Commits 4,300 crore towards foray into Indias industrials and logistics space
Anant Raj Cloud Singapore to promote Haryana as a preferred global hub for data centres
The collaboration aims to take Haryana-based cloud and data centre services to global markets and facilitate the hosting of overseas data in the state.
The Reserve Bank of India has removed Paytm Payments Bank from its list of recognised scheduled banks due to non-compliance with regulations. The bank's licence, cancelled in April 2023, was deemed detrimental to depositors' interests.
Air Canada plane hit by Delta jet at LAX
Bajaj Finance raises FD rates by up to 40 bps; senior citizens can earn up to 8.15% check details
Bajaj Finance has raised FD interest rates by 15-40 basis points across 12-60 month tenures. Senior citizens can now earn up to 8.15% on fresh deposits and 8.25% on renewals, while regular depositors can earn up to 7.75% and 7.85%, respectively.
Gabriel India, Forvia form JV to tap Indias fast-growing auto seating market
Gabriel India, flagship of the $2.6 billion-plus ANAND Group, has formed a joint venture with Frances Forvia to bring advanced automotive seating systems to India. Forvia will hold a controlling 50% plus one share, while Gabriel India will own 50% less one share, expanding beyond traditional suspension components.
Individuals exempt from reporting foreign earnings; RBI to issue FAQs soon
Clarifying that individuals do not need to report imports or export earnings, the Reserve Bank on Wednesday said it will publish FAQs (frequently asked questions) shortly to quell misunderstandings around the recently implemented regulatory changes. Even in the case of entities, there is a provision for self-declaration up to a cap of Rs 10 lakh per bill, Governor Sanjay Malhotra said. Malhotra said the unified Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, implemented from October 1, get services players on par with merchandise entities when it comes to reporting requirements. ...individuals are not included with respect to the reporting requirements for contracts of a personal nature. There seems to be some misunderstanding on the reporting obligations. We will clarify through an FAQ shortly, Deputy Governor Rohit Jain said. He said the new regulations are aimed at simplification and promoting ease of doing business, and added that ..
Since 2023, Virat Kohli and Anushka Sharma have turned to Premanand Maharaj's ashram for spiritual enlightenment during pivotal moments in their lives. Despite rumours suggesting a financial motive behind these visits, Kohli's spokesperson has categorically dismissed such claims. Their time spent with Maharaj is characterised by deep discussions on life's hurdles and spirituality, which has emerged as a crucial element of their lives amidst the pressures of fame.
Flipkart Big Billion Days 2026: 13 Must-Grab Deals on Phones, Laptops & Appliances
Repo rate hike may raise borrowing costs, but real estate demand likely to be resilient: Realtors
The Reserve Bank of India increased the repo rate by 25 basis points to 5.50 percent. Real estate companies in West Bengal anticipate a slight rise in borrowing costs for home loans. Developers believe that genuine homebuyers will remain undeterred in the long term. Concerns about affordability for first-time buyers may arise during the festive season. Developers are introducing flexible payment plans to sustain demand despite these pressures.
RBI removes Paytm bank from scheduled bank list
Before Salman Khan emerged as one of Bollywoods biggest stars, he was widely recognised as the son of celebrated screenwriter Salim Khan. A key member of the iconic Salim-Javed writing partnership, Salim was instrumental in shaping several major Hindi film successes, including Zanjeer, Deewar, Don, Trishul, Sholay and Shakti. In a recent conversation, Shahzad Khan, son of legendary actor Ajit Khan, discussed his fathers contribution to Salim Khans journey in th
RBI governor says economic benefits take priority over central bank costs
RBI Governor Sanjay Malhotra says profit or surplus is incidental to the central bank's operations, stressing overall economic benefits amid questions over swap costs.
Reserves drop as FCNR inflows dry, RBI dollar sales continue
Reserves have fallen to $734.6 billion in the week ended October 2, the fourth consecutive week of fall and down from a recent peak of $785.71 billion reported on September 4, according to a footnote to governor Sanjay Malhotra's monetary policy statement on Wednesday. The latest reserve numbers were released earlier than the scheduled date of October 9.
Highest 3, 5-year senior citizen interest rates
Hyderabad: Rs 500 Cr Real Estate Scam In Name Of Free Launch Offer
A major alleged fraud of Rs 500 Crore under the guise of a free launch offer came to light in Hyderabad, where the victims have accused a construction company of cheating them.
