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Tenneco India explores diversifying beyond auto sector, eyes M&A plans
Tenneco Clean Air India is exploring acquisitions in rail, aerospace and defence, while expanding its automotive portfolio across internal combustion, hybrid and electric vehicles.
Britannia CEO doubts Reliance's biscuit play
Tenneco India explores diversifying beyond auto sector, eyes M&A
The company is considering options in industrial markets, including rail, aerospace and defence, while it is also looking to expand to automotive products that are powertrain-agnostic
Balrampur Chini's Rs 3,100-cr bio-plastic plant to start commercial operations in Jan-Mar: CMD
Balrampur Chini Mills plans to start commercial production at its Rs 3,100-crore bio-plastic plant next quarter. The company has invested around Rs 2,400 crore in the project so far, with expectations for significant future revenue. This plant will produce Poly Lactic Acid bioplastics from renewable resources such as sugarcane and corn starch. In addition, the company reported a 90 percent increase in net profit in the last quarter.
ITAT Jaipur deleted an 11 lakh penalty on a farmer who accepted cash while selling his house for 22.5 lakh. The tribunal cited his lack of awareness of tax rules and held that reasonable cause justified relief under Section 273B.
Godrej Properties to launch Rs 32,000 cr homes
Claude Personal Finance vs ChatGPT Finances: 5 key differences in privacy, features and bank access
Anthropic's Claude Personal Finance and OpenAI's ChatGPT Finances offer AI-powered budgeting, spending analysis and financial planning through linked bank accounts. However, they differ in data privacy settings, advertising policies and plans to expand financial services.
670-cr investment fraud: How a former mason allegedly lured 7,400 investors with 4% monthly returns
Hyderabad businessman Nanavath Bhupal Naik is accused of running a 670-crore investment fraud that affected about 7,400 people. Here's how he pulled off the massive fraud.
Nifty 50 ETFs and index funds track the same benchmark but differ in trading, liquidity and investment convenience. Anand Rathi Wealth's Protima Dhawan explains five parameters to compare and why she prefers actively managed equity funds.
Jindal, Italy's Arvedi bid for former Ilva steelworks
Jindal and Italy's Arvedi Group have submitted binding bids for the troubled Ilva steelworks. The site is currently overseen by government-appointed commissioners due to long-standing financial issues. Prime Minister Giorgia Meloni's government aims to secure the site's steel production and protect jobs. Complications have arisen after a court ruling mandated the shutdown of blast furnaces due to health concerns.
Quant Small Cap, Motilal Oswal Midcap among 5 equity MFs that gave up to 24% SIP returns in 10 years
Quant Small Cap Fund delivered the highest annualised return of 23.54% on monthly SIP investments over the past 10 years.
Will old your cheque book become invalid after December 31, 2026? Big development from RBI
Will old your cheque book become invalid after December 31, 2026? The RBI has clarified claims that existing CTS cheque books become invalid from the new year. Here's all you need to know
Confused between largecap, midcap, flexicap and hybrid funds? How new investors should choose
First-time mutual fund investors often struggle to choose between largecap, midcap, flexicap and hybrid funds. Financial experts explain how risk appetite, investment horizon and financial goals should guide category selection and portfolio construction.
Deepak Shenoy anticipates a stronger rally for mid and smallcap stocks in 2027, marked by volatility. He forecasts earnings growth exceeding 20% in these segments, supporting potential gains. Valuations, however, will vary based on companies meeting growth expectations or not. Global political tensions and the AI sector's challenges may influence market dynamics. Shenoy emphasizes the unpredictability of market movements and shares insights on past predictions.
Keralam's Food and Civil Supplies Minister Anoop Jacob recently declared a program to collect petrol samples for ethanol testing, aiming to address concerns voiced by Karnataka officials regarding excessive ethanol blending. Jacob underscored the necessity of consumer transparency regarding fuel components, noting that inspections in Kochi have uncovered samples currently being tested, thus igniting pivotal discussions about fuel quality across Indian states.
Amid this festive season, we answer how much gold you can keep at home legally, if there's a penalty for exceeding limits, rules about declaration, investments, what the tax requirement is, and more.
Bengaluru-Mangaluru Vande Bharat will start within weeks, said Railway Minister Ashwini Vaishnaw. In trials, it took about 7 hours, saving 2 to 9 hours over existing trains. A flight takes about an hour but costs Rs 3,000 to Rs 4,700. The fare and final timetable are awaited.
UCO Bank paid widows pending pension arrears, but why did court still impose a 15,000 fine?
The complainant alleged that despite multiple official communications from the pension-sanctioning authorities, repeated visits to the branch, and formal representations, the bank failed to release the correctly revised family pension.
8th Pay Commission report is due around May 2027. Know about interim reports, extensions and when the revised salary and pension may be implemented.
Quant Small Cap Fund made several portfolio changes in October, adding five stocks, increasing exposure to six and exiting five others. The fund also raised its telecom allocation while trimming exposure to healthcare, financial services and oil and gas.
Bank Holiday, closed tomorrow 10 Nov 2026: Public and private sector lenders including the State Bank of India and HDFC Bank will be closed in Ahmedabad, Bengaluru, Belapur, Dehradun, Gangtok, Mumbai and Nagpur; heres why.
The newly introduced Vande Bharat Sleeper trains are expected to make long-distance overnight journeys more comfortable, but passengers should be aware of a few important booking rules before planning their trips. Indian Railways has kept some features of the regular reservation system out of these premium services. Tatkal bookings will not be permitted, ticket prices will not follow a dynamic fare system, and passengers will be able to book only confirmed berths. Here is a look at the reservation rules, coach configuration and berth availability on Vande Bharat Sleeper trains.
Post Office ATM withdrawal limit: 25,000 a day, free transactions and charges
Post Office savings account ATM limit is 25,000 a day. Know the per-transaction cap, free transactions, charges and the 500 minimum balance rule.
Gold rates today: On November 9, 2026, gold prices rose as Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas announced new rates. Check gold jewellery rates gold jewellery rates across New Delhi, Mumbai, Chennai and Kolkata.
Swipe smart: common credit card mistakes that can cost you dearly
Reward points and a generous credit limit can make spending feel like a win, but unnecessary purchases and high credit utilization may cost more than you gain.
Gold and silver prices today, 9 November: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Stop your SIP too early or start your SWP too soon? Heres how to get the timing right
Learn how to pace SIPs during your earning years and when to start an SWP in retirement, with simple rules to keep your money growing and your corpus safe.
Post Office MIS: Can you invest 15 lakh? 5 rules and 9,250 monthly income
Post Office MIS: 15 lakh in a joint account at 7.4% pays 9,250 a month. Know the limits, withdrawal penalties and tax rules before you invest.
Sensex jumps 327 points, Nifty above 25,000, banking stocks in action
DA hike news: Uttar Pradesh has raised dearness allowance for eligible state govt employees by 3%, from 60% to 63% of basic pay, effective July 1, 2026. Enhanced DA will be paid with November's salaries.
UltraTech Cem Share Price Live Updates: UltraTech Cement's Market Performance Update
J&K Bank extends salary banking perks to Encash Automotive staff
Srinagar, Nov 8: J&K Bank has signed a Memorandum of Understanding (MoU) with Encash Automotive Pvt. Ltd. to extend banking benefits to 195 employees under its Corporate Salary Package (CSP), further strengthening their longstanding institutional relationship. The MoU was signed by Zonal Head (Srinagar) Sheikh Mohammad Muzaffar and CEO Encash Automotive Pvt. Ltd. Maham Rouf in the presence of General Manager & Divisional Head (Kashmir) Arshad Qadri, Cluster Head Syed Tasaduq Madni, Branch Head (Hyderpora) Manzoor Ahmad and other senior officials from both organisations. Speaking on the occasion, General Manager & Divisional Head (Kashmir) Arshad Qadri said, Our institutional partnerships gain greater meaning when their benefits reach employees and their families. Through this arrangement, we aim to make banking more convenient and rewarding for our institutional clients, combining preferential financial benefits with personalised service. This association will extend the benefits of our Corporate Salary Package to 195 employees of the company, while further deepening our partnership with one of the regions prominent business organisations, said Zonal Head on the occasion. Under the MoU, eligible employees can avail customised salary accounts, preferential loan rates, waivers and concessions on specified banking charges, overdraft facilities and insurance benefits, subject to applicable terms and conditions. Digital onboarding, dedicated relationship support and family banking benefits further enhance the package. Cluster Head Syed Tasaduq Madni explained the packages features and the process for availing its benefits.
Reit-oriented funds: should you invest?
Reit-oriented funds offer an easy way into real estate trusts, but with only a handful of listed Reits, their portfolios are not pure Reit plays yet.
Gold's short-term volatility contrasts with long-term bullishness
Recently, gold prices have leveled out at approximately $4,000 an ounce after experiencing notable volatility throughout the year. This stabilization has attracted increased investor interest, spurred by central bank acquisitions amid economic unpredictability. Moreover, demand for gold jewelry has seen a significant uptick in regions like India and China, thanks to decreased prices.
8th Pay Commission: 44,900 basic pay could mean 5.14 lakh in arrears at 2.57 fitment factor
The 8th Pay Commission has completed one year of its 18-month term, with its final report expected around May to June 2027. If the revised pay is applied from January 1, 2026, a Level 6 employee with 44,900 basic pay could see about 5.14 lakh in 12-month arrears at a 2.57 fitment factor.
19 Indian seafarers stranded in Yemen safely evacuated, Embassy says
The Embassy of India to Yemen has evacuated 19 Indian seafarers who were stranded in Hodeidah and Sana'a. All seafarers are reported to be safe and in good health while returning to India. India has lost a total of 23 nationals amid ongoing conflicts in West Asia, including Indian seafarers and others in shipping attacks.
Bank holiday today: Check in which cities lenders including the State Bank of India and HDFC Bank will be closed on Monday, 9 November for customers on account of Diwali, Laxmi Puja, Govardhan Pooja and Vishwakarma Day.
'Global insurance cover may help rise medical tourism': Apollo Hospitals' Sangita Reddy
Apollo Hospitals envisions that broadening insurance access for international patients will catalyze the growth of medical tourism in India. The medical travel industry is predicted to swell to about $286.1 billion by 2030, with India's share expected to be around $16.2 billion. The focus on preventive health check-ups is essential for timely detection and holistic wellness. Additionally, artificial intelligence is poised to significantly transform healthcare service delivery and patient interaction.
Diwali/ Laxmi Puja bank holiday: Are banks open or closed today on November 9, 2026?
Bank branches will close in certain states on November 9, 2026, for Diwali and related festivities. Customers should verify bank operating hours in their regions before planning any bank visits. Celebrations including Diwali/Laxmi Puja will lead to closures in several states like Uttar Pradesh and Madhya Pradesh. Other states and union territories will maintain regular operations on this day.
Iraq reaches US understanding to resume oil exports through Strait of Hormuz, says foreign minister
Iraq has reached an understanding with the US to allow its oil exports through the Strait of Hormuz using a shipping lane near Oman, Foreign Minister Fuad Hussein said. Iraq's losses from the Iran war and disruptions to oil shipments have reached $60 billion. Exports recovered to 3.5 million bpd in October.
Oil falls on open as Trump says fresh Iran attacks 'unlikely'
Oil prices fell at Monday's open after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran as long as talks to end the conflict progress, even as both countries reported that shipping had been hit in or near the Strait of
Alpha leads as other factor indices falter
Welcome to TrendMap, your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various factor-based investment strategies. This map shows that no single-factor strategy consistently outperforms, making a strong case for diversification. By Sameer Bhardwaj.
Don't chase market momentum, says Sundaram AMC MD
Two years ago, seasoned asset manager Anand Radhakrishnan moved from a long, successful stint as Chief Investment Officer (CIO) at Franklin Templeton India to take over as Managing Director (MD) at Sundaram Asset Management Company. In this conversation with Sanket Dhanorkar, he shares his views on the market correction, shift in interest rate cycle, valuations and money flows, and more.
These NRIs can now complete online KYC from overseas
For Indian investors residing overseas, a new development brings good news. A recent circular from Sebi allows them to open investment accounts without needing to return to India. By permitting digital KYC submissions from various compliant countries, this initiative simplifies the process for non-resident Indians (NRIs) and overseas citizens of India (OCIs).
Why rising bond yields are hurting stock valuations
Higher yields boost safer investments appeal, pressuring equity valuations despite earnings recovery.
Indian parents getting US residency? 6 financial implications to consider before applying
Investments in bank accounts, mutual funds, shares and other assets will have to be reviewed and modified. It is illegal under Indias FEMA to hold resident bank and demat accounts after moving abroad on a permanent resident status. All such accounts must be converted to non-resident, and FATCA forms disclosing the residential status abroad should be filled up.
Why a 9% personal inflation rate could change your retirement corpus calculations
Equity can fall 30-40% in a bad year, so money needed in the next few years must never sit there. A conservative investor may hold less. Few can afford to hold none: avoiding equity swaps the risk of a temporary fall for the certainty of losing purchasing power.
Airlines go premium as demand for business-class seats outpaces economy
Since 2020, airlines have increased the number of premium seats significantly to meet growing consumer demand. Airlines are adopting strategies to enhance premium offerings, including gourmet meals and exclusive lounges. This focus has resulted in premium products generating substantial ticket revenue. Various airlines are implementing new options, such as Economy Plus and first-class services.
Kalpataru confident of achieving 6,500 crore pre-sales target in FY27, says CFO
With a pre-sales target of 6,500 crore for this fiscal year, Kalpataru is navigating through the current market landscape. Although sales bookings remained stable at around 2,600 crore in the initial half, the housing demand shows resilience against global uncertainties. The CFO is confident about a strong second half, anticipating a surge in sales due to festive season activities, having recorded 5,280 crore in the last fiscal year.
Why Indian savers deserve tax relief
Tax breaks for foreign investors are a good idea, but India's long-term savers also deserve something better than the current deal
Turning 30 without a credit history? First-time borrowers can build a healthy credit profile by starting with manageable credit, paying EMIs on time, maintaining low credit utilisation and monitoring their credit reports regularly.
Diwali 2026: For Bhai Dooj, brothers can support their sisters financial independence with gifts such as mutual fund SIPs, gold investments and other ways. The best choice depends on her needs, risk tolerance and financial goals.
Investors sometimes misunderstand the limits when making deposits in their child's public provident fund account. Here's how much each parent can invest for their child while keeping the annual contribution tax-free.
Empty bank accounts in Vigilance Week expose gaps in banking oversight
Are IT-trained staff available when regular operators are on leave? Are daily-waged support workers restricted to non-sensitive areas? Banks need to address these questions
Diwali gifts from employers worth less than 15,000 in aggregate can be tax-free, but cash bonuses are taxable as salary. Here's how festive payouts affect your income tax, rebate eligibility and take-home pay under the new tax rules.
Your Money or Your Life presents a path to financial independence built on tracking the life energy behind income and spending, defining how much is enough, earning intentionally, and investing.
RBI clarifies that existing CTS cheque books will remain valid after December 31, 2026, dismissing viral claims of new rules.
Gita Gopinath warned that the AI investment boom could face a market correction if companies fail to generate enough profits to recoup nearly $1 trillion in expected 2026 spending.
HDFC, ICICI Prudential, Quant, Aditya Birla Sun Life and Franklin Templeton have revised the risk-o-meters of several mutual fund schemes in November 2026. Here's what has changed and what investors should check before making decisions.
Railway employees have sought a 69,000 minimum basic salary, 3.833 fitment factor, 6% annual increment and five promotions under the 8th Pay Commission. Their demands also include higher pensions, DA merger and faster restoration of commuted pension.
Uttar Pradesh is considering financial assistance of 50,000 for eligible women ahead of the 2027 assembly election. Here's what we know so far about the scheme.
Sensex, Nifty end lower in Diwali special trading session as banking stocks drag
The Sensex fell 28.62 points to close at 80,999.40, while the Nifty declined 43.95 points to settle at 24,986.40, slipping below the 25,000 mark. However, broader markets remained positive, with the Nifty MidCap 100 gaining 0.13% and the SmallCap index rising 0.94%.
Gold prices have fallen 24% globally from their January peak, but domestic rates are down only 20%. Higher import duty, rupee depreciation and unusually high premiums in January explain why Indian buyers have seen a smaller correction.
Gifts from specified relatives, including parents, are tax-free, while gifts from non-relatives are generally taxable if their total exceeds the prescribed threshold. Here's why you should still document the money transfer and declare it in ITR.
Karnataka, Uber discuss passenger safety, regulatory issues and urban transport
Karnataka Minister Priyank Kharge recently met with the Uber India Public Policy team to discuss urban mobility. The discussions emphasized passenger safety, regulatory issues, and improvements in urban commuting services. Kharge mentioned that further engagement with ride-hailing platforms will enhance public transportation. Additionally, initiatives like the Bengaluru Urban Mobility Mission are underway to address traffic management and safety.
Diwali car shopping? 5 extra costs beyond EMI that could burn a hole in your pocket
Diwali 2026 car purchase: Festive discounts may reduce the upfront cost of buying a car, but ownership brings recurring expenses. Buyers should estimate those costs, set aside emergency funds and consider depreciation to understand vehicles true long-term affordability.
SEBI has mandated mutual fund houses to make direct plans the default choice on digital platforms starting 1 November. While direct plans offer lower expense ratios and potentially higher long-term returns, regular plans cater to investors seeking expert guidance. Here is how this new rule impacts your investments.
Small-cap mutual funds topped equity categories over 10 years, but returns varied among the largest schemes. Quant Small Cap led with 24.98% SIP returns, while SBI and HDFC delivered less than 18%, despite managing over 40,000 crore each.
The Maharashtra State Road Transport Corporation will give 10,000 Diwali bonus to each of its 83,000 employees. It has also raised DA to 60% and announced 12,500 festival advance for eligible staff.
Equity mutual funds delivered returns of up to 9% during November 2-6, 2026, with 572 of 627 schemes posting gains. Banking and financial services funds dominated the top 25 performers, led by LIC MF Banking and Financial Services Fund.
FSSAI seizes food products worth Rs 81.8 crore, suspends over 1,100 licences in nationwide drive
FSSAI seized 3,279.57 metric tonnes of food products worth an estimated Rs 81.80 crore and suspended 1,133 licences during a nationwide inspection drive covering 56,431 establishments between September 1 and November 5. The regulator also cancelled 52 licences, sealed 314 establishments and initiated 410 prosecutions over food safety violations.
Compare 10 lakh investments in PPF and NSC in November 2026. Understand their latest interest rates, maturity periods, investment limits, Section 80C deductions, taxation rules and returns to choose the right government-backed savings scheme.
Mutual fund NFO: Only 1 new fund will open for subscription this week. Check dates and key details
DSP Mutual Fund will launch its DSP FMP 280-90D Fund, a close-ended debt scheme, from November 13 to 17. Benchmarking against the NIFTY Liquid Index B-I, the fund targets short-term income through debt and money market instruments.
Gold rate today: As Diwali festivities continue on November 8, 2026, gold rates remain unchanged across leading jewellers. TWith families gearing up for traditional purchases, these rates play a significant role in their festive shopping decisions.
These 14 equity mutual funds lost over 5% since last Diwali. Were they part of your portfolio?
As Diwali 2026 marks another financial year, data shows 112 out of 292 non-thematic equity funds delivered negative returns since last Diwali. Among them, 14 equity mutual funds, including Samco Flexi Cap, HDFC Small Cap, and Parag Parikh ELSS, lost more than 5% over the past year.
Gold, silver prices today, 8 November: Check retail price of 18K, 22K and 24K gold and 999 Fine silver on Diwali 2026 in your cities Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Hyderabad, Kolkata, and Mumbai.
A farmer secured relief in a 18.24 lakh land valuation tax dispute after the ITAT Surat directed the tax officer to examine the Departmental Valuation Officer's (DVO) report. Here's how the ruling could help land buyers challenge excessive stamp duty valuations.
As investors explore fixed-income options this Diwali, market experts including Nilesh Shah and Samir Arora decode debt fund strategies. Fund managers favor short- to medium-duration and accrual-oriented funds to manage interest-rate risk, suggesting tactical shifts to long-duration gilt funds only after macroeconomic uncertainties ease.
Fake loan apps are targeting young borrowers with instant credit offers this Diwali 2026. Know how these digital lending scams work and follow five essential precautions to protect your money, personal information and financial security.
DA hike news: Uttarakhand government has approved a 3% increase in Dearness Allowance for state government employees, raising the component to 63% of basic pay, with effect from 1 July 2026. Here's all you need to know
Buying gold and silver coins online this Diwali 2026? Check five important factors, including purity, weight, certification, seller credentials, festive discounts, pricing and return policies before ordering gold and silver coins through e-commerce and quick-commerce platforms.
UltraTech Cem Share Price Live Updates: UltraTech Cement's Price Movement and Returns
Axis Bank Share Price Live Updates: Axis Bank's Current Price Surge
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Daily Price Movement
Bank holidays next week: Check which six days public and private sector lenders including the State Bank of India and HDFC Bank will be closed for customers across different regions during the week 9-15 November.
Not so sweet! FSSAI seizes 82 crore food haul
The 8th Pay Commission completed one year on 3 November 2026, with about six months remaining before its expected report submission. Check how central government employees' basic pay could change at fitment factors of 2, 2.5, 3, 3.5 and 4, with level-wise salary calculations.
Diwali bank holiday 2026: Bank branches in India will observe different holidays for Diwali celebrations on November 9, 10, and 11, 2026. Some states will close banks on November 9 for Diwali and Laxmi Puja festivities, while others will observe the holiday on November 10. States including Gujarat and Maharashtra will close banks on November 10 for Bali Pratipada and Govardhan Puja.
Diwali gifts worth over 50,000 from friends can attract income tax on the entire amount. CA Swati Jain explains the 50,000 annual exemption, tax rules for gifts from relatives and employers, and how recipients can avoid unexpected tax liabilities. Read on to learn more.
ITAT Surat deleted a 2.45 crore capital gains addition after a landowner showed that he received only 25 lakh in the relevant year, despite 2.86 crore appearing in Form 26AS. The tribunal considered subsequent tax returns and co-owners' cases.
