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MahaRERA orders developer to refund homebuyers: 7 checks to make before booking a flat
A MahaRERA ruling highlights the risks of buying a flat without verifying construction approvals. Here are 7 key checks homebuyers should make, including the Commencement Certificate, sanctioned plans, RERA records, payment trail and written promises.
8th Pay Commission: How much salary hike will a 1.83 or 2.0 fitment factor give you?
Pensioners' body AIFPA has demanded a 3.83 fitment factor from the 8th Pay Commission, the highest proposed so far, though experts peg the realistic range at 1.83 to 2.57, a hike that could raise central govt pay and pensions by 20-80%.
The ruling does not invalidate every income tax reassessment proceeding. The crucial question remains whether the notice was issued in accordance with the prescribed statutory procedure and whether the requirements relating to faceless assessment were followed.
DA news update: Punjab government employees called off their pen-down strike after the state assured that no disciplinary action would be taken against those who participated in the mass leave protest on 27 August.
8th Pay Commission: A pensioners body has sought a 3.83 fitment factor and a minimum basic pay of 69,000. Here is how the demand compares with the 7th Pay Commission and what employees and pensioners should know about the proposed salary revision.
Five mid-cap mutual funds delivered annualised returns above 20% over three years through September 2, 2026. HSBC Midcap Fund led with 24.1%, followed by Invesco India Mid Cap, ICICI Prudential Midcap, WhiteOak Capital Mid Cap and Edelweiss Mid Cap Fund.
Need 2 lakh urgently? Here's what experts say is cheaper: Personal loan, savings or credit card
Facing an urgent 2 lakh need? Experts say using savings is usually cheapest, personal loans suit structured repayment, while credit card balances can cost 24%+ annually, turning a 1 lakh outstanding into nearly 40,000 in interest.
GFF 2026: Visa, ONDC look to make Indias tourism offerings easier to discover
Visa and ONDC will collaborate to simplify tourism discovery for travelers across India. This partnership aims to connect visitors with local businesses and unique travel experiences. They will leverage open network principles and digital innovation for seamless journeys. ONDC seeks to strengthen demand-side participation in its growing tourism sector.
MotilalOswalDigitalIndiaFundNAVjumps10% in fivedays. Whats driving the rally?
Motilal Oswal Digital India Funds NAV rose over 5% in five days, helped by its sizeable ESDS Software holding. The stocks sharp post-listing rally has boosted the thematic fund, highlighting how concentrated positions can amplify NAV gains and volatility.
August saw mutual fund SIP inflows soar to an unprecedented Rs 32,297 crore. The stoppage ratio has now dropped for four consecutive months to 81.05%, signaling improving investor engagement. Notably, new SIP registrations outpaced those that were suspended or completed. This growing confidence is reflected in over 10 crore SIP accounts, contributing to a total market asset valuation of Rs 87.08 lakh crore for the Indian MF industry.
The cost of sitting out: Missing Niftys best 50 days cuts CAGR to 0.94% from 13.55%: Abakkus MF
Abakkus Mutual Fund highlights the steep cost of missing the markets strongest sessions. The Nifty 50 TRI delivered a 13.55% CAGR between April 2005 and August 2026, but this fell to 0.94% for investors who missed the best 50 days, underscoring the risks of trying to time the market.
BRICS should deepen banking links to boost local currency trade: Experts
BRICS experts in New Delhi advocate for enhanced banking ties and local currency trade to boost economic cooperation and reduce costs
EPF advance rules: You can withdraw EPF money for these 5 reasons; check limits
Members of the Employees Provident Fund Organisation can access their savings in times of need, such as emergencies and personal circumstances. Illness-related withdrawals have no limits, while education expenses allow for up to ten claims. For marriage and housing, members may withdraw funds up to five times each during their membership.
Removing name from mutation records cant take away ownership rights to land, rules Supreme Court; Heres what landowners should know. Read the article to know.
8th Pay Commission: A proposed merger of DA with basic pay could boost central government employees salaries. Heres how a hypothetical fitment factor of 2.1, 7% annual increments and DA revisions may impact Level 6 pay by 2033.
Indian power plants run critically low on coal
NEW DELHI: Nearly a third of India's coal-fired power plants are operating with critically low fuel stocks despite government efforts to boost supplies, as an extended spell of hot weather keeps electricity demand elevated, government data showed.India's peak power demand, a measure of the maximum electricity requirement, has been hovering near the record 270.70 gigawatts touched in May.Demand has consistently reached around 267 GW over the past few days, driven by increased cooling needs amid an El Nino weather pattern.The number of power plants with critical low coal stocks of less than 25% of the required inventory or only able to generate power for less than three days rose sharply to 59 as of September 9 from 45 at the end of August, data from the Central Electricity Authority showed.The increasing number of power plants with lower coal stocks is a concern, said Manoj Kumar, an analyst at the Centre for Research on Energy and Clean Air.While clean energy, mainly solar power, is meeting much of the daytime electricity demand, insufficient battery storage and lower water reservoir levels are putting pressure on coal-fired generation, analysts said.In the immediate term, India should increase coal supplies to utilities through the rail network to maintain normal stock levels, Kumar said.India deployed 444 trains or rakes on September 6 to boost coal supplies to power plants, up from 370 on September 3.Coal India and its subsidiaries have also increased coal shipments by road.Coal India, the world's largest coal miner, said it continues to hold adequate stocks of about 76 million metric tons at its pitheads.
Saurabh Mukherjea, author, founder and Chief Investment Officer, Marcellus Investment Managers, in an interview with Mint Extraclass, says frequent buying and selling of stocks may reduce gains. He advocates for long-term investment strategies, saying fewer trades lead to better performance.
Odisha Banking Services Disrupted as UFBU Calls Nationwide Strike
Banking services across Odisha were disrupted on Friday as employees and officers of public sector banks joined the nationwide strike called by the United Forum of Bank Unions (UFBU). Several branches remained closed or operated with limited staff, leaving customers struggling with cash deposits, withdrawals, cheque clearance, and other branchlevel services. Private sector banks, however, [] The post Odisha Banking Services Disrupted as UFBU Calls Nationwide Strike appeared first on Pragativadi I Latest Odisha News in English I Breaking News .
Decathlon Indias B2B business grows 20-fold in five years, now contributes 10% of overall business
Over the past five years, Decathlon India's wholesale venture has experienced explosive growth, increasing twentyfold and now representing ten percent of company revenue. This segment reaches over twenty thousand pin codes across India, providing services to defence organizations, government entities, and corporate partners, alongside collaborations with schools and nonprofits to promote sports and fitness.
8th CPC: Pensioners demand 67% pension, Rs 69K pay
FASTag users can now switch banks without changing tag as Nitin Gadkari launches OneTag
In a significant move for drivers, the Union Minister Nitin Gadkari has unveiled the OneTag system that allows motorists to conveniently change their FASTag issuing banks without needing new physical tags. Users can maintain their current tag and vehicle registration during this transition, which will be managed through the Rajmargyatra mobile application. This initiative aims to make the process more user-friendly and cut down on the production of new tags.
Alembic Pharma clears USFDA inspection at Vadodara bioequivalence facility with nil observations
The company stated that the USFDA conducted an onsite bioequivalence inspection from August 31 to September 10, 2026
BRICS can boost local-currency trade with deeper financial markets, stronger banking links: Experts
BRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transactions. Linking payment platforms and exploring CBDCs will speed up cross-border payments. Reducing non-tariff barriers will also enhance intra-BRICS trade significantly. Greater trust and business partnerships are key for future economic cooperation.
Kotak Realty Fund invests Rs 800 crore in Smartworld Sky Arc and Trump Residences
In a notable move, Kotak Realty Fund has allocated Rs 800 crore to Gurugram-based projects, enhancing the luxury residential sector supported by Smartworld Developers and M3M India Group. This partnership underscores the importance of institutional support for credible developers and effective governance, as Smartworld continues to thrive in the premium housing segment with a clean financial slate.
IndusInd Bank faces a Rs 1 crore penalty from IRDAI for failing to provide an adequate, insurance-specific grievance redressal mechanism for policyholders. Despite claims of an overall system, the regulator found a lack of dedicated channels and inadequate information, highlighting a crucial distinction between banking and insurance customer service.
Gold and silver prices fell on Friday, September 11, 2026, as fluctuations in the global market took their toll. The release of strong US PPI data heightened expectations of a Federal Reserve rate increase, putting further strain on precious metals. Heightened geopolitical issues compounded the situation, leading to price cuts from leading jewellers like Tanishq and Malabar Gold & Diamonds.
JioBlackRock Flexi Cap Fund exits NALCO, Hindustan Zinc; trims exposure in BSE, RIL
JioBlackRock Flexi Cap Fund reshuffled its portfolio in August, exiting 21 stocks while reducing exposure to 34 others, including NALCO, Hindustan Zinc and RIL. It increased holdings in 17 stocks and added 22 new names. The funds portfolio grew to 136 stocks, with banks accounting for its largest sector allocation.
Why professional haircare is emerging as Indias next big beauty play
The landscape of India's salon industry is evolving dramatically, moving past conventional services. Consumers now crave bespoke hair and skincare experiences, which is significantly altering their purchasing patterns. Organized salon chains are redefining the industry through enhanced efficiency. Ccigmaa Lifestyle Pvt Ltd capitalizes on salon expertise for innovative product development and expansion, propelling growth within the personal care sector.
How Indias creator economy is shaping Hollylands next move
India's creator economy is thriving, sparking immense annual spending. Enhanced internet access and digital platforms have catalyzed a flourishing content creation hub. To capitalize on this growth, Hollyland is rolling out local manufacturing of its wireless microphones, targeting the needs of creators and communities nationwide, and positioning itself as a key player in the shifting content landscape.
Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: Report
India's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can connect businesses, banks, and payment providers to bridge this gap. This system will digitise the order-to-cash process and automate invoice reconciliation across the nation. It enables cash-flow-based underwriting and addresses delayed receivables for small businesses.
India crosses 80 lakh HPV vaccinations in nationwide cervical cancer prevention drive
India has now administered over 80 lakh HPV vaccinations to girls. This significant milestone strengthens preventive healthcare and protection against HPV infection. The nationwide campaign, launched in February, targets fourteen-year-old girls for free vaccination. The Gardasil-4 vaccine is available at government health facilities across the country. Parental consent is mandatory for this voluntary immunization program.
AI-assisted microdrama content share could rise to about 80% in 18 months: Experts
Artificial intelligence is rapidly changing India's microdrama content creation landscape. AI-assisted production will likely reach eighty percent within eighteen months. This shift significantly reduces both production time and costs for creators. Improved AI language models also enhance audience experience and content diversity. The microdrama market is projected for substantial revenue growth in coming years.
Gadkaris plan to make Indias toll plazas disappear
JioBlackRock has introduced its Balanced Advantage Fund, available for subscription until September 25. This innovative fund aims to strategically balance equity and debt investments, effectively mitigating market risks. While the fund promises long-term growth with lower volatility, experts advise a cautious approach, recommending that investors lean towards established funds with proven track records, and potentially consider a staggered investment method for optimal results.
Hyundai Venue gets smarter against car theft with a remote immobiliser controlled by your phone
In an exciting development, Hyundai Motor India has unveiled a remote immobiliser feature tailored for select Venue models, significantly boosting vehicle protection. Users can easily activate this new security measure through the Bluelink mobile app. Vehicles eligible for this enhancement will receive the upgrade wirelessly, and the company is set to introduce this smart feature to other connected car models shortly, elevating driver security and reassurance.
1cr penalty on life insurer for mis-selling annuity
Nationwide strike disrupts banking services as unions demand 5-day workweek, pending wages
Digital Desk | New Delhi, Sep 11 (IANS) Banking services, particularly at public sector banks across India were disrupted on Friday due to the United Forum of Bank Unions' (UFBU) nationwide strike seeking immediate implementation of a fiveday workweek and resolution of pending wages. The UFBU represents seven unions and about 90 per cent of bank officers and employees. Most branches of staterun banks were fully or partially closed as staff joined the protest, according to multiple reports. Cash deposits, withdrawals, cheque clearances and administrative work were affected at several branches, while some older private banks reported disruptions. Digital banking services, including UPI and internet banking, continued to function. Bank Employees Association leaders said the strike was forced on them because there had been no positive outcome and the government had not agreed to their demands. Most public sector banks had alerted customers in advance about the possible impact of nationwide strike. State Bank of India said it had made arrangements for normal operations but cautioned that work could still be affected. The unions are demanding that Saturdays should be declared holidays, a change they say was agreed in the 12th Bipartite Settlement signed with the Indian Banks Association in March 2024 but has not yet received government notification. Banks currently remain open on the first, third and fifth Saturdays of each month. Other demands include improvements in pension benefits, a uniform dearness allowance formula for all pensioners and an option for employees covered under the National Pension System to shift to the Old Pension Scheme. The Banking Union had in August said that a three-day strike from September 28 to 30 will follow the first strike in September. The protests are expected to significantly disrupt banking operations, particularly in public sector banks. The disruption will be more pronounced towards the end of September, with bank branches already scheduled to remain closed on September 26, the fourth Saturday, and September 27, Sunday. While bank branches will be closed on strike days, ATM and digital banking services may continue to operate depending on the bank and availability of cash and technical services. Customers have therefore been advised to plan essential branch-based transactions accordingly.
Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: Association
Bank operations halted across Madhya Pradesh due to a nationwide strike. Approximately 7,000 branches were affected, impacting daily business worth Rs 5,500 crore. Employees demanded a five-day work week and improved pension benefits. Other demands included uniform dearness allowance and NPS option. This strike disrupted cash, cheque, and treasury-related financial activities.
Japan court dismisses IHH subsidiary Northern TK Venture's damage claims against Daiichi Sankyo
NTK, a subsidiary of IHH Healthcare Berhad had earlier filed a claim at the Tokyo District Court seeking damages from Daiichi Sankyo, alleging that the Japanese firm had obstructed NTK's efforts to complete its open offers to acquire shares in Fortis Healthcare Limited and its step-down subsidiary, Fortis Malar Hospitals Limited.
When selling old gold jewellery, be aware that it comes with capital gains tax and Goods and Services Tax implications. Long-term capital gains tax is set at twelve point five percent, while short-term gains are taxed according to your income tax slab. The net proceeds from these sales are diminished after considering the purchase cost and holding duration, making it vital to factor in these taxes.
ITAT Delhi has ruled taxpayers can claim the full 25,000 Section 87A rebate against STCG tax under Section 111A for AY 2025-26, as the Finance Act 2025 restriction on special-rate income applies only from AY 2026-27 onwards.
India's BRICS play may have a payment plan with no hard cash
India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems and CBDCs to make cross-border transactions faster and cheaper. The story traces Indias opposition to a new BRICS currency, Trumps tariff threats, the RBIs push for CBDC interoperability, and the technical and trade hurdles that could stand in the way.
Marengo Asia Hospitals raises Rs 400 crore from LeapFrog Investments
Marengo Asia Hospitals has secured Rs. 400 crore funding from LeapFrog Investments. This capital will fuel expansion into tier one and two Indian cities. The company plans to double its hospital bed capacity to 4,000 beds. Marengo Asia Hospitals aims to consolidate its leadership and enter new geographies. This investment reinforces LeapFrog's commitment to healthcare platforms across Asia.
Hyderabad office rents surge past Bengalurus ORR as GCC demand reshapes market
Hyderabad's prime office rents now exceed Bengaluru's, driven by global capability center demand. New-age Grade A+ buildings in Madhapur command higher monthly rents. This growth is fueled by talent, infrastructure, and lower operating costs. However, infrastructure strain and traffic congestion are becoming significant concerns. Future GCC expansion will likely sustain rental pressures and demand for office space.
Tukaram Mundhe-led Maharashtra FDA raids 11 food units in Thane, seizes Rs 20.48 lakh material
Maharashtra FDA has intensified food safety enforcement across the state. Eleven food manufacturing units in Thane were raided, seizing products worth over twenty lakh rupees. Licenses for prominent eateries in Mumbai and other cities were suspended due to major violations. The administration also took action against dark stores and dairy suppliers for hygiene issues. Further actions will continue against those violating food safety laws.
Gold ETF inflows jump 67% to Rs 2,596 crore in August. Why are investors piling in?
Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing recent performance. While central bank buying, geopolitical risks and diversification benefits support golds medium-term outlook, its lower Sharpe ratio highlights its cyclical nature. Experts recommend treating gold as a portfolio diversification tool and maintaining an appropriate allocation rather than increasing exposure solely because prices have risen.
The Reserve Bank of India has revealed the early redemption price for a particular series of gold bonds. Starting September 11, 2026, investors can redeem SGB 2019-20 Series X at Rs 15,328 per unit, determined by current gold pricing.
Banking services hit as unions strike for five-day workweek
A nationwide bank strike disrupted services at public sector banks on Friday as unions pressed for a five-day workweek and resolution of wage and pension issues. Branch-based services, including cash transactions and cheque clearances, were hit, while UPI and internet banking continued to operate.
Banking services impacted as unions go on nationwide strike to press for 5-day workweek
The UFBUs strike call, representing 90% of bank staff, did not affect private sector banks
iPhone's surprise price twist for old models exposes smartphone price pain
Apple has raised prices for older iPhones in India after the iPhone 18 launch. This shift is driven by surging memory chip costs for AI data centers. Component inflation is forcing electronics makers to rethink long-held pricing assumptions. Consumers now face higher costs for previously affordable smartphone alternatives. This trend signals a broader change in the global electronics business landscape.
Pocket Entertainment crosses $500 million revenue run rate, says AI is reshaping content creation
Pocket Entertainment has achieved a $500 million revenue run rate, showing significant growth. Pocket FM, its audio drama platform, drives this expansion and improved retention. The company utilizes AI extensively for content creation and market launches. Over 550,000 creators contribute to Pocket FM's vast library. This growth enables stories to reach listeners across many countries and languages.
Russias SberBank unveils GigaDoc AI smart mirror for express health assessment in India
SberMedAI's GigaDoc smart mirror provided free express health assessments at Innoprom India. This innovative solution analyzes key health indicators and potential risk factors conveniently. Companies can integrate GigaDoc into their employee prevention programs for proactive health monitoring. The technology utilizes artificial intelligence and computer vision for accurate health readings.
Inside Hollyland's India Factory | LARK A1 Wireless Mic Goes Local
Best focused mutual funds to invest in September 2026
If you are ready to take more risk and have an investment horizon of around seven years, you may invest in these schemes. Here are our recommended focused equity mutual fund schemes. Follow our monthly updates to keep track of your investments.
Hyderabad home prices: What can 50 lakh and 1 crore get you?
Want regular income after retirement? How annuity plans work and what you should know about them
Retirement planning involves ensuring a sustainable income post-retirement, not just building a sizable fund. Here's how an annuity plan work and whether you should invest in one.
Japanese money moving home could impact global risk assets: ICICI Pru AMC's Manish Banthia
For Indian bond investors, it is more appropriate to be in short-to-medium duration at this point. Bonds are an attractive investment today.
Govt launches DILRMP 3.0 with Rs 565.5-crore outlay for integrated land records
In an ambitious move, the government unveiled DILRMP 3.0 with an investment of Rs 565.5 crore set for 2031. The initiative focuses on crafting a unified land management system under a digital approach. Each state will implement its own 'land stack', linking to a national framework. Additionally, all land parcels will receive a 14-digit Bhu-Aadhaar for clear identification, facilitated by updated registration offices and scanned archival documents.
From OpenAI to Anthropic: How fake personas, hacked servers and 13-hour outages exposed AI risks
Divis Labs Share Price Live Updates: Divis Labs Price and Returns Overview
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Mumbai civic body rolls out OC amnesty scheme for 20,000 buildings occupied before 2016
Mumbai's civic body has launched an amnesty scheme for older buildings. This initiative aims to regularize around twenty thousand occupied structures. Eligible buildings will receive discounts on various regularization charges. The scheme covers residential, hospital, and school buildings with specific area limits. Applications must be submitted online through the AutoDCR system.
Power Grid Share Price Live Updates: Power Grid's Market Update
Bajaj Auto Share Price Live Updates: Bajaj Auto Stock Details
Central government employees have five key updates to track in September 2026, covering LTC air travel, study leave rules, scholarships, iGOT Karmayogi RTI courses and the Delhi office holiday.
Indias hotel boom this September goes beyond BRICS
RIL Share Price Live Updates: RIL's Daily Performance Update
Banking services to be impacted on Sept 11 as unions go on strike
New Delhi: Banking services like cash withdrawals and deposits at public sector banks will be impacted on Friday, September 11, as unions have decided to go on strike to press for five-day banking and other pending demands. With the strike, banking services, especially in public sector banks, would be impacted for four days in many Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
The ITAT Bangalore ruled that rental income from a commercial property under a joint development agreement cannot be taxed again in the hands of individual landowners, as it was already disclosed and assessed in the partnership firm. Details of the case here.
Bank union strike today: Are banks open or closed today on September 11, 2026? Check details
Customers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This strike will extend into the weekend, limiting service availability. Unions are pressing for critical reforms including a five-day work week and a thorough review of the PLI scheme.
Changing jobs? Make sure your National Pension System (NPS) account doesnt get overlooked. Learn how your Permanent Retirement Account Number (PRAN) stays transferable, what happens to your contributions when you switch jobs, and why reassessing your retirement savings plan is essential during this transition, not just adjusting your paycheck.
From Maggi to Thums Up, India's food debate turns to what global brands sell here
India's proposal for food health warning labels ignites a national discussion. Companies sell less nutritious versions of brands in India compared to other markets. The food safety regulator plans tougher red warning labels on unhealthy products. This move comes after public anger and industry opposition to front-of-pack warnings. India's packaged food market continues its rapid growth trajectory.
Equity MF inflows rise 19% to Rs 29,329 crore in August; SIPs hit record high
Equity mutual fund purchases rose nineteen percent in August, reaching twenty-nine thousand three hundred twenty-nine crore. Systematic investment plan collections hit an all-time high of thirty-two thousand two hundred ninety-seven crore. Fixed income categories experienced net outflows of eight thousand seven hundred eleven crore during August. Mid and small-cap funds led equity investments, attracting over fifty percent of net flows.
Apples pricing gap takes a bite out of iPhone sales outlook in India
Apple's new iPhone Duo pricing in India is significantly higher than in other markets. Retailers fear this price difference will encourage grey market sales and personal imports. Market researchers have lowered their outlook for Apple's iPhone unit sales in India. Higher prices for existing models also impact demand for older iPhones. This situation creates challenges for Indian retailers and the government's revenue.
India is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output levels. Imports through the Strait of Hormuz are now less reliable due to renewed attacks. Domestic consumption has also significantly decreased since the war began. This shift helps meet demand while mitigating import risks.
Fintechs must treat data as fiduciary duty, not business asset, says RBI Governor Sanjay Malhotra
Mumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is key for financial system adoption and endurance. Firms growing significantly must take systemic responsibility beyond their balance sheets. Operational resilience and cybersecurity are essential prices for achieving scale.
Banking services to be impacted in Goa for 5 days
NT Reporter Panaji Banking services will be impacted in Goa as with the one-day nationwide strike on Friday, banks will be shut for five days till September 15. The United Forum of Bank Unions (UFBU) has given a call for a one-day nationwide bank strike on Friday, September 11, 2026. As a result, banking services []
The inaugural International Film Festival of Jammu and Kashmir concluded with calls for more local participation. Organizers and attendees emphasized the need for training programs and infrastructure development. The festival screened over 130 films and featured master classes and celebrity appearances. Government officials acknowledged the success while planning future initiatives for filmmaking in the region. The aim is to foster a vibrant film culture and discover local talent.
Centre tightens e-commerce sales rules, puts fake discounts on watch
New e-commerce rules will mandate displaying prior prices alongside discounts. Platforms must clearly identify sponsored listings and avoid manipulating search results. Grievance redressal mechanisms will be strengthened and integrated with the National Consumer Helpline. These amendments aim to curb deceptive pricing and dark patterns effectively. Consumer information usage will be restricted without explicit consent from January 2027.
Coca-Cola CEO says dont chase irrational pricing as Campa Cola goes 10
Coca-Cola will not overreact to rivals' pricing strategies in India. The company focuses on fundamentals like brands and revenue growth management. Reliance's Campa Cola has emerged as a significant challenger in the market. Newer entrants are increasing their market share with popular price points. Coca-Cola plans to boost marketing and distribution spending to compete.
AMFIs August 2026 data shows balanced hybrid funds attracting 1,836 crore, higher than aggressive hybrid funds 1,323 crore. But aggressive hybrid funds delivered better returns over the last 1 year. So, what explains the higher inflows into balanced hybrid funds?
GST turbocharges truck demand as CV makers double sales growth targets
Commercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstripped early estimates, surprising industry executives. Several senior executives now expect sales to grow ten to fifteen percent this fiscal. This upgrade follows strong sales growth, with August seeing forty percent increases. Industry stakeholders expect momentum to sustain through the rest of the fiscal year.
Advent, Temasek in talks for Fairfax stake in IIFL Fin
Advent International and Temasek Holdings are reportedly in talks to acquire Fairfax Financial's stake. Fairfax is looking to exit IIFL Finance as part of its IDBI Bank acquisition plan. This stake sale will help Fairfax comply with regulations and fund the IDBI Bank buyout. Fairfax currently holds a significant stake in IIFL Finance, which is valued at approximately 3,500 crore.
Railways to upgrade older trains with 6,000-HP locomotives
Indian Railways will procure new energy-efficient locomotives for passenger trains. These powerful engines will operate in a push-pull format, enabling smoother and faster journeys. The modern locomotives will also eliminate the need for separate power generator cars. This upgrade will bring more comfortable travel to non-Vande Bharat trains.
Rising cotton & op costs likely to squeeze margins for apparel retailers
Organised apparel retailers anticipate revenue growth slowing to twelve to thirteen percent this fiscal year. Profitability faces pressure as costs rise and competition limits price increases. Value fashion is a key growth driver, increasing its market share significantly. Retailers are expanding into smaller cities and investing in omnichannel capabilities. The festive season remains critical for annual apparel sales performance.
Indian Oil Corporation is proactively bolstering its leadership and succession strategies while undergoing a vital board restructuring. This initiative includes a forward-thinking program to identify and nurture high-potential executives for senior roles and revamped recruitment for entry-level technical talent. These strategic adjustments are integral to achieving IOC's ambitious objectives for revenue growth and emissions reduction.
Canara HSBC Life fined Rs 1 crore for mis-selling policy to 88-yr-old via Canara Bank
Canara HSBC Life Insurance Company received a 1 crore penalty from IRDAI. The fine was imposed for mis-selling a deferred annuity policy to an 88-year-old individual. IRDAI identified several procedural and disclosure deficiencies in the sales process. The insurer subsequently refunded 4.09 lakh to the affected customer. This action highlights regulatory scrutiny over insurance sales practices.
