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India's quick commerce growth set to accelerate, food delivery to remain steady: Report
According to an Emkay report, India's quick commerce sector is projected to accelerate NOV growth to 21.6 percent in Q2FY27. Food delivery platforms are expected to sustain around 18 percent year-on-year NOV growth as competition rises during the festive season. The fintech sector will also experience steady revenue growth, although year-on-year payment revenue may be impacted.
Brigade Enterprises expects pre-sales to grow 21% to Rs 9,000 crore in FY27, driven by strong demand for mid-income and premium homes, particularly in the Rs 1-3 crore segment. The Bengaluru-based real estate developer has 16 million sq ft of upcoming launches and plans to invest Rs 40,000 crore over the next three years in housing, commercial, hospitality and warehousing projects across South India.
DBS CEO cites FCNR(B) success as proof of global faith in India, calls for more FDI
DBS Bank CEO Tan Su Shan addressed concerns about capital outflows from India and highlighted strong demand for FCNR(B) deposits. She emphasized the need for more foreign direct investment and exports to support the rupee's stability. Tan expressed optimism about India's potential in artificial intelligence due to its software talent and digital infrastructure developments. The importance of improving hardware capabilities alongside software strengths was also noted in her discussion.
Should you invest in contra funds?
Contra funds look for opportunities, which the market might be ignoring. However, fund managers approach contra investing with their own filters.
Indian mutual funds offer investors a way to access overseas stocks without opening an international brokerage account. Edelweiss Technology Fund led domestic equity schemes with a 24.38% international allocation.
Is no-cost EMI always free? The catch buyers should know before opting for it while shopping online
No-cost EMI offers can hide extra expenses, despite being advertised as interest-free. Here's what customers should know before they opt for this route.
Airtel Business CEO backs AI regulation, says guardrails can unlock productivity gains
Sharat Sinha highlighted the ongoing evolution of AI architecture and methodologies for safe deployment. The government's upcoming consultation paper on AI regulations aims to address issues like safety and deepfakes. Airtel is committed to compliant practices that enhance productivity through AI. Sinha emphasized the growth of cybersecurity services in response to emerging digital threats. The company aims to deliver safe experiences for both enterprise and consumer segments.
Chennai Metro timings: Prime Minister Narendra Modi inaugurated the 15-km Poonamallee-Vadapalani stretch of Chennai Metro Phase II on Sunday, alongside Tamil Nadu Chief Minister C Joseph Vijay. Built at a cost of around Rs 4,900 crore, the route has 11 elevated stations and a 3.7-km double-decker structure. Passenger services began on October 11, with regular operations scheduled from 7 am to 9 pm from October 12.
Bellona Hospitality eyes 100 restaurants, Rs 650 crore revenue by FY30
The company operates a portfolio of six brands - Ishaara, Dobaara, Cha Hongkong Eating House, Eight, Allora Milano and Legume - across Mumbai, Pune, Bengaluru, Ahmedabad and Lucknow.
Festive travel bookings 50% ahead of last year as Indians opt for multiple getaways
Travel trends show a growing preference for multiple short trips during India's festive season. Nearly 23 percent of Zostel travellers made repeat bookings last year, reflecting this trend. Popular destinations include Hampi, Gokarna, and Rishikesh, with notable increases in Himalayan bookings. The busiest travel period occurred during Christmas-New Year week, significantly surpassing average check-in figures. Many travellers are booking shorter trips spontaneously rather than planning months in advance.
SBI warns of UPI fraud: How the jumped deposit scam can drain your bank account
SBI has warned bank customers about the jumped deposit scam, in which fraudsters exploit unexpected bank credits to trick victims into approving high-value UPI payments. Learn how the scam works, recognise warning signs and protect your bank account from digital payment fraud.
Blocking a debit card may not stop recurring subscription payments if the e-mandate remains active or is mapped to a replacement card. Here is how card mandates and UPI AutoPay work, and what customers should do to prevent unwanted debits.
BSNL geared up for 5G expansion as 4G network delivers desired results, says senior official
Bharat Sanchar Nigam Limited is advancing towards the rollout of its indigenous 5G services across India. The telecom company is also expanding its existing 4G network to enhance connectivity and customer experience. To support users, BSNL has improved its chatbot Vani for better regional language interactions and efficient problem resolution. Additionally, BSNL has partnered with Saptang to implement data filtration mechanisms for improved security of customer data.
Rajiv Kumar proposed using the $145 billion in the Universal Service Obligation fund for this purpose. Kumar suggested supporting Indian telecom companies like Airtel and Reliance Jio to establish satellite networks.
Buying a 1 crore house? Here's the monthly salary you need to afford the home loan EMI comfortably
Planning to buy a 1 crore house? An 80 lakh home loan at 8% interest over 20 years means an EMI of around 66,900 a month. Check the monthly salary you need, how loan tenure affects repayments and how to avoid stretching your finances while buying a home.
Health insurance renewal: 5 key numbers you should review every year
Before renewing health insurance, review five key numbers: sum insured, annual premium, room rent limit, co-payment and deductible. Check waiting periods, no-claim bonus and network hospitals too, so your health insurance policy continues to meet your needs and budget.
What changed inside India's insurance regulator?
Irdais unusually candid data exposes perverse insurance incentives. But with the government owning major insurers, the real test will be whether the final rules deliver meaningful reform.
Northern Railway has announced that train services will operate as per their normal schedules on October 11, following cancellations and rescheduling on October 9 and 10 amid security arrangements for the CJP's planned protest in Delhi. Several trains, including the Rajdhani Express and August Kranti Express, faced cancellations or delays due to operational reasons and anticipated traffic congestion around major railway stations.
Suzlon Group plans to invest Rs 550 crore in three new AI-powered blade factories across India. These facilities will enhance production capabilities and meet rising domestic wind industry demands. Two factories will be located in Gujarat and Karnataka, while the third will be in Tamil Nadu.
Tricog Health targets 100 million cardiac screenings by 2030: CEO Dr Charit Bhograj
Bengaluru-based Tricog Health aims to conduct 100 million cardiac screenings by 2030, having screened over 41 million patients since its founding in 2014. The healthtech firm uses AI-enabled ECG devices and specialist reviews to detect heart conditions, with operations across several Indian states and 14 countries. Its technology aims to reduce diagnosis delays and improve early detection of cardiovascular diseases.
The proposed UPI MDR framework sets charges for certain merchant payments above 2,000. Here's whether consumer prices at stores will rise if merchants start paying a nominal fee.
The Nifty snapped its eight-week losing streak but remains below the crucial 200-week moving average at 22,627. The weekly market outlook points to a possible technical rebound, supported by positive divergences on daily charts, though momentum remains weak. Investors should watch key support and resistance levels, sector rotation trends and a sustained move above the long-term average before turning more bullish.
Car loan rates start at 7.35%: Check EMIs and processing fees of 18 lenders
Car loan interest rates start at 7.35% across 18 lenders, according to Paisabazaar data. Compare car loan EMIs on 5 lakh over five years, processing fees, interest-rate concessions and repayment costs before choosing a lender in October 2026.
Sunil Singhania-led Abakkus MF, JioBlackRock MF file draft documents with Sebi for 6 new funds
Abakkus Mutual Fund and JioBlackRock Mutual Fund have filed draft scheme documents with Sebi for six proposed launches. The offerings include three hybrid funds, two target maturity index funds and a silver ETF.
The Delhi High Court has ruled that retirement savings cannot be treated as recurring monthly income when deciding interim maintenance. Courts must consider pension, investment returns, reasonable expenses and the financial circumstances of both spouses.
FMCG companies are likely to face operating margin pressure in the September quarter of FY27 due to rising crude-linked derivatives, palm oil, sugar and other input costs. While companies such as Marico and Dabur expect double-digit revenue growth, profitability may be affected by inflation and uneven monsoon conditions. Businesses are relying on price hikes, favourable product mix and cost-saving measures to offset rising expenses.
The US has suspended Microsoft, Infosys, Tata, Wipro and other companies from the PERM labour-certification programme. Here's what it means for Indians returning home.
India targets 604 MT steel capacity by 2047, plans to cut carbon intensity: Report
India's government has introduced a draft steel policy for public consultation, targeting a steel capacity of 604 million tons by 2047. The policy aims to reduce the carbon-emission intensity for crude steel production from 2.54 tons to 1.54 tons. It also plans to secure access to high-grade iron ore reserves through joint ventures and foreign assets. Coking coal demand is expected to reach 236 million tons, necessitating diversifying sourcing strategies.
International mutual funds top return chart last week, offer up to 11% gains. Check top 5 performers
International mutual funds topped the returns chart for the week ended October 9, with the Mirae Asset NYSE FANG+ ETF FoF leading the pack with 10.66% returns. Of 626 funds, 148 delivered positive returns, while 474 posted losses.
Delhi traffic restrictions today, October 11: As per Delhi traffic police advisory, several roads and junctions may be affected as the CJP protest demanding Chief Election Commissioner Gyanesh Kumar's removal enters its second day. Check the full list of affected routes, traffic diversions and the latest Delhi Traffic Police advisory for commuters.
Company FD rates vary across issuers and deposit tenures. Muthoot Capital Services offers up to 8.95%, followed by Manipal Housing Finance Syndicate at 8%. Compare interest rates across 10 companies and learn 5 checks to make before investing in corporate fixed deposits.
Harsh Vardhan Shringla has defended Indias Russian oil imports, warning that stopping purchases could push up global energy prices and undermine the countrys energy security. The Rajya Sabha MP also flagged uncertainty over US tariffs, Section 301 investigations and potential duties linked to Russian oil sanctions, as India-US trade talks face an impasse. He also outlined conditions for India-China ties.
Indian pharma's risk aversion holding back innovation: Kiran Mazumdar-Shaw
Biocon chairperson Kiran Mazumdar-Shaw calls for greater use of digital technology to speed up drug development, as industry leaders push for a shift beyond generics.
AI can enhance 5G network performance by 30%: Ericsson
Telecom giants, including Reliance Jio and Bharti Airtel, are set to harness AI technology to enhance their 5G networks, potentially boosting performance by up to 30 percent using current hardware. According to Ericsson, these software upgrades could roll out without needing to wait for 6G infrastructure. However, the integration of AI raises cybersecurity concerns as these networks evolve.
Andhra factory makes 3 million tea bags daily for global giants Walmart, Aldi and Carrefour
Everton Tea India thrives in Tirupati, manufacturing a whopping three million flavored tea bags each day for international markets. Since its inception in 2012, the company has seen impressive growth, employing about 300 individuals. Sourcing primarily from Indian plantations while also importing from China and Kenya, Everton is poised to capitalize on the increasing global appetite for healthy drinks. Its strategic location in Sri City enhances its shipping capabilities.
Will gold prices fall further? Check reasons behind the recent dip, forecasts and more
Gold has fallen sharply in 2026 amid rising US bond yields, a stronger dollar, inflation concerns and investor profit-taking. Central-bank buying.
EPFO: Have multiple employee provident fund accounts or UAN? Here's how to merge them Stepwise guide
Today, we take a look at how EPF subscribers can transfer their old provident fund collection to a new account, how to merge their PF accounts and what to do if they have multiple Universal Account Numbers (UANs).
Nana Patekar: The actor whose works represented the kaleidoscopic range of the common mans life
Nana Patekar, a prominent actor, brought the common man's experiences to life through his powerful performances. His dedication to theatre and film was evident in his diverse roles and artistic vision. Patekar's transition from parallel cinema to mainstream films demonstrated his broad range as an actor. His portrayal of complex characters resonated with audiences, showcasing various emotional shades. Ultimately, he left a lasting legacy in the Indian film industry.
Want to retire early? Here's how F.I.R.E strategy can help We calculate corpus you will need
FIRE aims to help people retire early through high savings, disciplined spending, and long-term investing. Strategies should be tailored to personal goals and account for inflation, healthcare costs, taxes, and unexpected expenses.
Delhi Metro reopens all stations after day-long security restrictions amid CJP protest
On Saturday night, the Delhi Metro Rail Corporation announced the reopening of all station gates after restrictions. These restrictions were initially put in place due to protests by the Cockroach Janta Party. The protests demanded the resignation of Chief Election Commissioner Gyanesh Kumar, leading to heightened security measures. The entry and exit gates were previously closed at 45 metro stations until 10 pm.
No more tax relief for importing gold, silver and platinum: What does it mean? Will buyers pay more?
The government has withdrawn the upfront IGST exemption for banks and nominated agencies importing precious metals. Since 1 April 2026, these imports have been subject to a 3% customs levy.
Akasa Air enters Rajasthan, announces direct flights connecting Jaipur with Mumbai, Bengaluru
Akasa Air will commence daily direct flights connecting Jaipur with Mumbai and Bengaluru starting October 11. The airline plans to expand its operations to Udaipur on October 15 to increase connectivity in Rajasthan. The flight schedule includes specific departure and arrival times for the new services from Jaipur. This expansion reflects the airline's strategy to enhance travel options for passengers.
Targetting 1.5 crore retirement corpus? Here's how to calculate how much you really need
HDFC Pensions study found retirement savings targets are growing, but remain below recommended levels, while healthcare costs and medical concerns remain major retirement worries. Here's how much you may need to save
Mahindra to sell majority stake in aerospace subsidiary to Brazil's Embraer for Rs 5,100 crore
Mahindra & Mahindra Ltd has entered into an agreement with Embraer SA for selling a 51% stake in Novavaayu Aerospace Ltd. The total consideration for this stake acquisition amounts to approximately Rs 5,100 crore. Following this acquisition, Novavaayu Aerospace will no longer be a wholly owned subsidiary of Mahindra. The transaction is expected to be completed on or before December 1, 2026.
Tata Consultancy Services will withhold quarterly variable pay from senior employees at C3A grade and above after missing internal performance targets. Junior staff will receive their full eligible pay, as per a report.
45 Delhi Metro stations to remain closed till 10 PM amid CJP protests in national capital
Delhi Metro Rail Corporation extended the closure of 45 metro stations until 10 pm due to security reasons, including Rajiv Chowk, Kashmere Gate, Central Secretariat, Patel Chowk, Janpath, Hauz Khas, Mandi House, ITO, and New Delhi. This decision was influenced by concerns surrounding the Cockroach Janta Party protests scheduled in the national capital. Heavy security measures were undertaken to prevent protestors from reaching the designated assembly area at Jantar Mantar.
Pay Commission: Meghalaya to constitute, notify 6th Pay Commission soon, says CM What we know
Meghalaya plans to constitute its Sixth Pay Commission, with a formal announcement of its chairperson and members expected within two weeks. The panel will review pay, allowances, benefits and service conditions for state employees and pensioners.
Indias CAFE III fuel-efficiency norms will take effect from April 1, 2027, tightening fleet-average targets for automakers until March 2032. The rules offer incentives for electric vehicles, hybrids, flex-fuel cars and fuel-saving technologies. But will they make cars cheaper to run or push up showroom prices? Heres how the new standards could affect vehicle costs and what buyers should consider before purchasing their next car.
No other connectivity issues: India on West Asia air traffic amid attacks in Saudi
The Ministry of External Affairs reports disruptions in Saudi Arabia following recent attacks on civilian infrastructure. Three Saudi citizens were killed and others injured as a result of the violence at King Khalid International Airport. Despite the incidents, air traffic across West Asia continues to operate normally. The Indian Embassy in Riyadh has advised nationals to remain vigilant and follow local guidelines.
DA news: The Telangana government has approved release of two dearness allowance and dearness relief installments for state employees and pensioners across cadres. Here's all we know about the development
Tk 60,000 crore annually needed for 5-8 years to rebuild banking sector: governor
Bangladesh Bank Governor Md Mostaqur Rahman on Saturday said the banking sector would need Tk 60,000 crore annually from the national budget for the next five to eight years to help it recover from massive
Neighbour claiming your property? Your sale deeds boundary details could be crucial
In a significant legal clash in Bangalore, Mr. Thimmadasappa defended his land rights against K.M. Venkatamuniyappa's unfounded claim that he owned the land through a rectification deed. The Court decisively ruled that ownership cannot be established without valid documentation, reinforcing the notion that meticulous property records are essential to prevent disputes.
Tax on Dividend income of shares: How can investors minimise money loss? Expert explains
Dividend income is taxable, and tax may be deducted at source above a specified threshold. Investors can consider growth-oriented investments, where returns are taxed as capital gains when sold, and should avoid borrowing to invest for tax benefits.
GAIL launches Season 2 of Wah Kya Energy Hai campaign with new anthem
GAIL (India) has launched the second season of its consumer awareness campaign called Wah Kya Energy Hai. The campaign includes four short films and a new anthem promoting cleaner energy options. These films feature the Mishra family navigating everyday situations while highlighting the benefits of compressed natural gas and other cleaner fuels. The newly released anthem showcases GAIL's energy infrastructure and initiatives in compressed biogas.
ET Alpha Wealth Summit 2.0: Radhika Gupta says financial products must solve real investor needs
Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, says financial products should address specific investor needs rather than follow market trends. At ET Alpha Wealth Summit 2.0, she discussed how SIFs can offer investment flexibility, while stressing the importance of understanding their risks, taxation and role in portfolios.
Sunil Bharti Mittal is prowling for big kill on his African safari
Airtel Moneys London listing has put a roughly $7 billion valuation on Sunil Bharti Mittals African fintech bet, highlighting how far the business has moved beyond basic mobile wallets. With more than 54 million customers and growing revenues, the next challenge is to deepen usage across payments, remittances, credit, savings and insurance, turning Airtel Africas telecom reach into a broader financial-services platform.
8th Pay Commission: IRTSA seeks fitment factor of 4.38, 5% annual increment for railway supervisors
The 8th Pay Commission has received a proposal from IRTSA for graded fitment factors ranging from 2.92 to 4.38 across pay levels. Railway technical supervisors also want a 5% annual increment and changes to minimum-pay calculations. Read on to know more.
Around seven stocks may soon get demoted to the midcap segment from current largecap status by the Association of Mutual Funds in India (AMFI) in its Semi-Annual rejig in H1 CY27, according to a prediction by Nuvama Institutional Equities.
UPI MDR: Will UPI Apps start charging platform fee on UPI payments? Know here
Consumers will not pay extra for UPI transactions when a new merchant discount rate takes effect on October 15. Merchants will pay a 0.4% fee on qualifying payments above 2,000, capped at 300, and cannot pass the charge on to customers.
About 13% of Policybazaar customers pay health insurance premiums in monthly or quarterly instalments, with an average annual premium of 17,500. Here's how the model works and what customers should know before opting for it.
Seven stocks, including Godrej Consumer Products, Tata Consumer Products and Indus Towers, could lose largecap status in AMFIs H1 CY27 categorisation rejig as the market-cap thresholds are expected to rise.
81% of Indian marketers prioritise reach, only 17% attention quality: Report
A recent report indicates that 81% of marketers in India prioritize reach in media planning. Despite this, only 17% consider attention quality as important for their decisions. Measurement of attention remains a significant challenge, with 92% of marketers highlighting the lack of standardization. The report emphasizes the need for attention metrics to complement reach in advertising strategies.
Centre Denies Requesting Land Acquisition from States for 3 High-speed Rail Corridors
Reddy said he discussed the proposed HyderabadChennai, HyderabadBengaluru and HyderabadPune High-Speed Rail corridors with Railways Minister Ashwini Vaishnaw
Quant Small Cap Fund exited ICICI Bank and five other stocks in September while trimming its holdings in six stocks, including Zydus Wellness. The fund also added six new stocks to its portfolio and increased its stake in 10 others, according to its monthly portfolio disclosure.
When do you need a tax residency certificate to claim lower tax rate under DTAA for Tax Year 2026
For Indians earning income from overseas, securing a tax residency certificate is essential to avail benefits under the Double Taxation Avoidance Agreement (DTAA). To acquire this certificate, taxpayers must complete Form 42 online via the income tax e-filing portal. This form necessitates accurate details and supporting documents to confirm residency status.
Unused funds on an Indian travellers forex card can be converted into rupees through the issuers refund or encashment process. The complete process explained.
JioBlackRock Mutual Fund sees a more attractive risk-reward equation in equities after the recent market correction but cautions that a sustained recovery remains uncertain. In debt, it favours target maturity funds for investors with defined horizons, while recommending cash and money market funds for those with near-term liquidity needs.
Asian countries, including India, must accelerate transition to renewable energy
Activists and officials in Bangkok urge rapid, equitable shift to renewables, call for accountability from developed nations ahead of COP31
Credit card overlimit facility: Eligibility, charges and 6 factors to consider before opting in
Understand the credit card overlimit facility, RBI consent rules, overlimit fees, interest costs and credit score impact. Check six important things to analyse before opting in, including transaction approval, repayment obligations and ways to avoid unnecessary credit card debt.
Net office leasing down 20% in Jan-Sep across top 8 cities on supply constraints: Cushman
Net leasing stood at 46 million sq ft in the year-ago period
Elon Musk criticized India's regulatory environment while seeking approval for his satellite internet service, Starlink. His comments drew reactions on X questioning his political spending in the US, particularly his support for Donald Trump. Users pointed to significant contributions Musk made during the 2024 election cycle, raising issues of hypocrisy. Indian officials emphasized that companies must meet regulatory and security requirements before entering the market.
For giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends notice; ITAT Bangalore rules TDR sale attracts capital gains tax
Tata Motors raises Iveco takeover offer price to 14.40 euro per share
Tata Motors Ltd has raised its takeover offer for Iveco Group NV by 0.30 euro per share. The revised price now stands at 14.40 euro per share, after initial delays in the authorization process. Shares will be tendered in a voluntary offer occurring from September to October 2026. The company has stated that this revised offer will not be increased further.
Can stock market losses offset mutual fund gains? What is tax-loss harvesting strategy, how it works
Investors can sell loss-making stocks to offset eligible capital gains from other assets. Here's whether you can lower your tax liability from mutual fund gains by using stock losses.
Home loan rates October 2026: Compare rates starting from 7% across 12 public sector banks
Home loan rates start at 7% at select public sector banks in October 2026. Compare rates across 12 public sector banks, including SBI, Bank of Baroda and PNB, and understand the factors that can affect your final borrowing cost before applying.
Systematic Investment Plans (SIPs) are meant to help investors ride out market volatility, but the prolonged weakness in equities has pushed returns into the red. Here is how investors should approach their mutual fund SIPs, as reported by ET Bureau.
Customers Urged to Complete Re-KYC for Uninterrupted Banking at Tripura Gramin Bank
Agartala, October 10, 2026: Tripura Gramin Bank (TGB) successfully organised a Re-KYC camp at its Kamalghat branch on Friday, October 9, to facilitate customers in updating their Know Your Customer (KYC) details and ensure uninterrupted access to banking services. The camp witnessed enthusiastic participation from customers and was attended by senior officials of the Reserve... The post Customers Urged to Complete Re-KYC for Uninterrupted Banking at Tripura Gramin Banks Camp first appeared on Northeast Today .
Ericsson India MD Nitin Bansal on AI-Native Networks, 6G and India's Manufacturing Push
Explained: How mutual fund SIPs harness the power of compounding to build wealth
Compounding can help mutual fund investors build long-term wealth by generating returns on accumulated gains. Through regular SIP investments, even small contributions can grow significantly over time. An example of a Rs 10,000 monthly SIP over 20 years shows how starting early, staying consistent and remaining invested can boost wealth creation.
How AI can cut factory costs and boost output | Tata Communications Praveen Arora
The biggest misconception about no-cost EMI is that the bank doesn't charge any interest. In a no-cost EMI, the seller readjusts the interest amount so that the sum of all the EMIs adds up to the price you would pay upfront. However, interest still exists, and interest attracts GST. So, among A, B, and C, who would end up saving the most? Find out here.
Marriage does not automatically merge credit scores, but your spouses credit history can affect a joint home loan application. Find out how lenders assess both applicants credit scores, repayment records and existing debts, and how couples can improve their loan eligibility.
FD rate up to 8.25% for senior citizens investing for five years; know the list of banks
Currently, multiple banks are offering attractive fixed deposit interest rates that go up to 8.25% specifically for senior citizens. Suryoday Small Finance Bank stands out, boasting the highest rate for five-year deposits. While many banks propose rates hovering between 5.75% and 7.77%.
NRIs can legally own and rent out property in India while they are living abroad. Here's who can help to manage the house, how to receive rent, pay tax and remit money abroad.
D-Street breaks 8-week losing run, outlook stays cautious though
After an eight-week slump, Indian equities experienced a robust rebound, highlighted by a notable rise in the BSE Sensex. This recovery was buoyed by declining crude oil prices, which eased from their recent peaks. While foreign portfolio investors remained in a selling mood, local institutional investors stepped in with strong buying activity.
How you can use FD laddering for Rs 10 lakh investment after RBI raises repo rate
The Reserve Bank of India has raised the repo rate, which positively impacts fixed deposit interest rates. Investors should explore the FD laddering strategy for various tenures, allowing them to reinvest at higher rates as shorter deposits mature. Moreover, diversifying across different banks can boost insurance coverage. It's essential for investors to stay aware of their liquidity requirements and any shifts in interest rates when engaging in this strategy.
As rising property prices make down payments harder to afford, some young Indian homebuyers may rely on financial help from parents. Here's whether the money is tax-free, can it invite scrutiny and documents required to avoid trouble.
RBI opens special dollar window for three state-run oil firms
The Reserve Bank of India has opened a special facility for three state-run oil marketing companies. This facility is designed to meet their full daily dollar requirements. The arrangement will continue until further notice based on the market conditions. Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation are the companies benefiting from this initiative. The RBI is providing US dollars through designated banks to ensure smooth operations.
Personal loan rates October 2026: Check EMI and processing fees across 22 lenders
Personal loan interest rates in October 2026 range from 8.90% to 30.50% across 22 lenders. Compare personal loan EMIs, interest rates and processing fees for a 5 lakh, five-year loan before choosing a lender and assessing your repayment capacity.
