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Why a higher salary may not improve your financial security: 5 money habits that can eat into your savings every month

Salary hikes may not increase savings if lifestyle expenses rise alongside income. Here are five money habits young professionals should watch, from lifestyle inflation to emergency fund planning.

Livemint 15 Oct 2026 9:22 pm

Kotak Mutual Fund halts subscriptions in two Yes Bank AT-1 bond schemes after SC order

Kotak Mahindra Mutual Fund suspended subscriptions in two debt schemes holding Yes Bank AT1 bonds after the Supreme Court overturned their Rs 8,415 crore write-off. The fund house is reviewing the judgment to determine its next course of action.

The Economic Times 15 Oct 2026 9:19 pm

Govt may raise fuel prices in November, top economist says

The government is considering a fuel price hike in November as a strategic move before state elections. Inflation is projected to rise significantly due to the proposed price increases, potentially reaching 6.2% later this year. The Reserve Bank of India has forecasted lower inflation, but external pressures may challenge currency stability. Economists suggest a rate hike may be necessary in response to price increases.

The Economic Times 15 Oct 2026 8:37 pm

EPFO extends September 2026 PF filing deadline to 31 October: What employees should check

EPFO has extended the deadline for employers to file September 2026 PF returns and deposit contributions to 31 October from 15 October. The extension follows the revision of the PF wage ceiling and gives employers more time to complete compliance formalities.

Livemint 15 Oct 2026 8:02 pm

What Akash Ambani said Jio tariff hikes ahead of record IPO launch

Akash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ahead of its Rs 30,213 crore IPO, Jio aims to expand margins and connect 100 million homes.

The Economic Times 15 Oct 2026 7:48 pm

TIPS reports stellar quarter; Q2 FY2027 revenue grows 35% YoY and PAT rises 23%

TIPS Music revenue from operations reached 120.1 crore, reflecting a year-on-year increase of 35 percent. Operating EBITDA stood at 84.6 crore, marking a 25 percent growth compared to the same period last year. The company released 73 new songs this quarter, enhancing its content portfolio substantially.

The Economic Times 15 Oct 2026 7:41 pm

Myntra FY26 revenue from operations at Rs 5,242.5 cr; advertising income up 35%

Myntra Designs recorded a revenue of Rs 5,242.5 crore from operations in FY26, even as logistics revenues declined. The advertising sector flourished, generating Rs 1,236.4 crore, thereby positively impacting operational income.

The Economic Times 15 Oct 2026 7:38 pm

Cemindia Projects Rs 1,400-crore QIP oversubscribed 2.3x; Edelweiss Life, Nuvama, Motilal MF among investors

Cemindia Projects raised Rs 1,400 crore through a qualified institutional placement priced at Rs 1,108 per share, attracting 2.3 times demand over the base issue. Leading mutual funds participated as the company secured strong credit ratings and shares rallied.

The Economic Times 15 Oct 2026 7:37 pm

AI reality check: Why automation works in demos but struggles in real businesses

AI can perform tasks efficiently in controlled environments, but real business operations often present unforeseen challenges. Poor data quality and fragmented systems can undermine the effectiveness of AI tools in daily activities. Businesses may need to evaluate which tasks are suitable for automation while ensuring human oversight for complex issues.

The Economic Times 15 Oct 2026 7:30 pm

Widow pension delayed for months? Andhra Pradesh High Court directs payment of arrears from the date of application

The Andhra Pradesh High Court has directed authorities to pay widow pension arrears from the date of application, ruling that administrative delays cannot deprive eligible beneficiaries of their entitlement. The arrears must be paid within eight weeks. 

Livemint 15 Oct 2026 7:17 pm

India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficit

India's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include remittances, increased to $12.8 billion compared to the previous year. The capital account saw inflows of $50.6 billion, significantly higher than last year's $0.5 billion. Central bank measures to attract capital inflows have resulted in substantial foreign-exchange deposits.

The Economic Times 15 Oct 2026 7:08 pm

India's data-centre capacity may surge to 24-26 GW, impact on overall power demand to remain limited: CEA Chairman

India's data-centre capacity may increase to 24-26 GW, which is substantially higher than the current capacity. However, this growth will still represent a limited portion of overall electricity demand. The Central Electricity Authority has accounted for this expected rise in future power projections. Alongside, the renewable energy capacity is aimed to reach approximately 800 GW by 2035-36.

The Economic Times 15 Oct 2026 6:52 pm

Buying your first health insurance policy at 26? Know the cover, add-ons and benefits to compare

A 26-year-old earning 40,000 a month should prioritise adequate health insurance coverage, compare policy exclusions and hospital networks, and choose add-ons such as restoration, maternity and OPD benefits based on costs and individual needs.

Livemint 15 Oct 2026 6:40 pm

Krisumi Corporation to invest Rs 1,300 crore to develop next phase of Gurugram project

Krisumi Corporation will invest Rs 1,300 crore in developing The Forest Reserve in Gurugram. The project will include Phases 5 and 6 of KrisumiCity, comprising 542 luxury residences. Designed by Nikken Sekkei, the development spans approximately 1.67 million sq. ft. and prices start from Rs 4.9 crore. Strategically located along Dwarka Expressway, the project offers easy connectivity to key areas of Gurugram and Delhi.

The Economic Times 15 Oct 2026 6:37 pm

IRDAI eyes January 2028 beta launch of Public Insurance Registry: Chairman Ajay Seth

IRDAI is working on a Public Insurance Registry to enhance insurance data sharing among stakeholders. The beta version is scheduled for January 2028, as announced by Chairman Ajay Seth. This digital platform aims to standardise and facilitate the exchange of insurance information. Feedback from industry participants is requested to improve the proposed system, with an extended deadline of October 17, 2026.

The Economic Times 15 Oct 2026 6:16 pm

Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: Report

Edible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edible oil is expected to temper industry realisations moderately. Elevated global edible oil prices along with strong consumption support this anticipated revenue increase. Consumer demand is expected to grow amid improving affordability and upcoming festive seasons.

The Economic Times 15 Oct 2026 6:06 pm

Will government announce DA hike after Dussehra?

The Economic Times 15 Oct 2026 6:04 pm

SeasonTwo Living and RPS Group inks partnership to develop senior-living communities in 10 cities

SeasonTwo Living and RPS Group have signed an MoU to develop senior-living and active-living communities across India, targeting 2,000 residential and operating keys with a potential development opportunity of nearly Rs 1,500 crore. The initial expansion will focus on Goa, Delhi and Varanasi, as part of a planned 10-city rollout.

The Economic Times 15 Oct 2026 6:00 pm

YES Bank examining SC ruling on Rs 8,415 crore AT1 bond write-off

YES Bank is currently reviewing the Supreme Court decision that overturned its AT1 bond write-off. This ruling follows the Bombay High Court's earlier decision issued in January. The bank has stated that it will make necessary disclosures in light of the judgment. YES Bank shares experienced a significant drop of 14.43% following this news. The bank maintains it has complied with all regulatory disclosure requirements during the legal proceedings.

The Economic Times 15 Oct 2026 5:55 pm

Indias senior living market to move to tier 2 cities

India's senior living market is projected to reach USD 11.43 billion by 2031, indicating significant growth. The demand for organised housing is increasing as families become more nuclear and elderly individuals seek independence. Tier-II cities and spiritual hubs are emerging as attractive options for seniors seeking affordable living. Key factors include healthcare access, social infrastructure, and lifestyle amenities that foster community.

The Economic Times 15 Oct 2026 5:51 pm

Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI Chairman

Only about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double to 30 per cent over the next five years, Insurance Regulatory and Development Authority of India (IRDAI) Chairman Ajay Seth said on Thursday, highlighting the large protection gap in the country.

The Economic Times 15 Oct 2026 5:51 pm

Wife couldnt prove husbands affair with maid, yet got Rs 50 lakh alimony and divorce; Patna HC explains why

Wife got Rs 50 lakh permanent alimony and divorce even though she couldnt prove husbands affair with maid; Know how she won case in Patna HC

The Economic Times 15 Oct 2026 5:37 pm

Essar Oil & Gas wins five CBM blocks across three states, adds 6.6 Tcf gas reserves

Essar Oil & Gas has acquired five coal-blend methane blocks across West Bengal, Madhya Pradesh and Telangana. The company aims to enhance domestic natural gas production while developing approximately 1,281 square kilometers of new acreage. This expansion also includes significant resources of around 6.6 trillion cubic feet of gas-in-place. Essar currently produces nearly 50 percent of Indias CBM production, reflecting its strong position in this sector.

The Economic Times 15 Oct 2026 5:19 pm

How much salary do you need to live comfortably in a Tier 1 city? Heres what a 25-year-old should aim for

A 25-year-old living independently in a Tier 1 city may need a monthly take-home salary of 70,000 to 1.4 lakh to meet living expenses and save 20-30% of income, depending on the city and lifestyle.

Livemint 15 Oct 2026 5:10 pm

Tatkal NPS now available on BHIM app: How to open NPS account in 3 steps

The Tatkal National Pension Scheme (NPS) is now available through the BHIM Payments App for eligible bank customers. This feature simplifies account creation without the need for a physical bank visit.

The Economic Times 15 Oct 2026 4:58 pm

India insurance regulator to oversee smooth transition to new commission rules, chairman says

India's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capping commissions and tightening expense limits to reduce costs and mis-selling. Ajay Seth stated the intention is to avoid disruption within the industry during this transition period. Insurers and distributors have expressed concerns regarding the potential impacts on business models and job security.

The Economic Times 15 Oct 2026 4:54 pm

Bank deposits hit record $3 trillion in September, boosted by dollar deposits scheme

India's banking system deposits hit a record high, reaching approximately 284 trillion rupees by September 2023. The increase was primarily driven by a discounted swap window introduced by the Reserve Bank of India. This scheme attracted around $133 billion in foreign-currency deposits from June until its closure in August. Additionally, banks took measures to bolster their funding buffers leading up to the quarter's end. Overall, deposits rose by 8.

The Economic Times 15 Oct 2026 4:44 pm

Bharti Airtel vs Vodafone Idea: Top 5 mutual funds by exposure could Reliance Jio's listing reshuffle portfolios?

Reliance Jio Platforms IPO could reshape mutual fund exposure to Indias telecom sector. While some schemes have significant allocations to Bharti Airtel and Vodafone Idea, the impact will depend on valuations and fund managers' investment strategies. Here's what you need to know. 

Livemint 15 Oct 2026 4:34 pm

Supply-chain efficiency and sustainability in operations: Rinkesh Satijas 2-Cents!

PepsiCo India collaborates with over 36,000 farmers to boost agricultural productivity and implement sustainable farming practices. The company's commitment includes investments in innovative technologies and infrastructure enhancements geared toward reinforcing its supply chain for future growth. Initiatives such as the KosiPataudi EV Green Corridor aim to minimize environmental impact while optimizing distribution efficiency.

The Economic Times 15 Oct 2026 4:23 pm

New FEMA rules for foreign payments: what freelancers need to know

The reporting mechanism could help authorities identify suspicious transactions, including instances where services are falsely declared to move money across borders.

Livemint 15 Oct 2026 4:19 pm

Why your personal loan request can be rejected even with a 750+ credit score? 5 reasons you should know

A credit score above 750 can strengthen a personal loan application, but it does not guarantee approval. Here's why.

Livemint 15 Oct 2026 4:11 pm

JetSynthesys launches AI-powered creative platform JetKreate

JetSynthesys has introduced JetKreate, an AI-powered platform integrating scripting, visuals, audio, and video production. This platform was revealed at the CII Big Picture Summit 2026 in Mumbai and aims to streamline content creation. JetKreate caters to individual creators, marketers, brands, and agencies by allowing the development of various types of content. The platform offers free credits for new users alongside paid plans for enhanced features.

The Economic Times 15 Oct 2026 4:10 pm

Redeveloped inherited property? ITAT Delhi says multiple floors can qualify for capital gains tax exemption

The tribunal held that a taxpayer could claim Section 54 exemption for the basement, ground floor and third floor received after redevelopment, while also directing a revised calculation of capital gains using a registered valuers report.

Livemint 15 Oct 2026 4:04 pm

No more unknow numbers: Caller ID to include callers registered names from November 1 under new DoT rules

The Department of Telecommunications in India has amended caller identification regulations for telecom services. Caller IDs will now display the subscriber's registered name from November 1, 2026. This updated definition of Calling Line Identification includes the caller's name in telecom provider records.

The Economic Times 15 Oct 2026 4:00 pm

RIL, Eternal, and HDFC Bank among 11 stocks owned by 600+ mutual fund schemes in September

ICICI Bank, HDFC Bank, SBI, Bharti Airtel and Reliance Industries are among 11 stocks held by more than 600 mutual fund schemes in September, according to ACE MF data. Eternal, Infosys, Axis Bank, L&T, Kotak Mahindra Bank and M&M also feature among the most widely held stocks across mutual fund portfolios.

The Economic Times 15 Oct 2026 3:50 pm

Ethanol supplies top 987 crore litres by September, grain feedstocks lead: AIDA

By the end of September, India's cumulative ethanol receipts reached 987 crore litres in the current supply year. Grain-based feedstocks accounted for over 71 percent of total ethanol receipts during this period. Maize was the largest contributor, supplying 413 crore litres, while surplus rice contributed 222 crore litres. Sugar-based feedstocks also provided significant amounts, fulfilling nearly all of their allocations.

The Economic Times 15 Oct 2026 3:23 pm

4 things you should teach your kid about money and follow it yourself, too: Dave Ramseys golden advice for parents

Dave Ramsey recommends teaching children four balanced money habits. He is the author of the international bestseller, The Total Money Makeover.

Livemint 15 Oct 2026 3:23 pm

Debt mutual funds see Rs 1.83 lakh crore exit in September. What drove the outflows?

Debt mutual funds experienced sharp outflows of Rs 1.83 lakh crore in September, primarily driven by quarter-end treasury withdrawals and advance tax commitments. Liquid and money market funds accounted for most redemptions, though analysts consider these routine institutional movements rather than a structural decline in demand.

The Economic Times 15 Oct 2026 3:21 pm

IDBI Bank's 60.72% stake sale to Canada's Fairfax: Should FD holders and savings account customers worry? Experts decode

IDBI Banks proposed stake sale to Fairfax has raised questions for depositors, FD holders and employees. What could the ownership transition mean for existing deposits, interest rates, banking charges and job security? Here is what experts say.

Livemint 15 Oct 2026 3:16 pm

Canadian billionaire and Asian banking titans find 1.32 lakh crore worth of interest in India

In recent months, foreign investment in Indias financial sector has grown significantly, resulting in major acquisitions. Fairfax Financial Holdings secured a large stake in IDBI Bank, while Mitsubishi UFJ Financial Group poured resources into Shriram Finance. Additionally, Emirates NBD established a notable presence in RBL Bank. Such initiatives promise to alter the competitive dynamics and improve service capabilities in the Indian banking sector.

The Economic Times 15 Oct 2026 3:12 pm

Retired employee received income tax notice for Rs 9.04 lakh leave encashment; she wins case in ITAT Jaipur, know how leave encashment is taxed

Retired employee sent income tax notice for Rs 9.04 lakh leave encashment, she wins case in ITAT Jaipur; Know how leave encashment is taxed for private and government employees in India.

The Economic Times 15 Oct 2026 3:12 pm

Mutual fund investments in September: Which sectors are gaining the most?

Mutual funds increased exposure to Healthcare, Metals, Private Banks and other sectors in September, while trimming weights in Technology, Automobiles and PSU Banks. Motilal Oswal's report also highlights sector-wise changes in portfolio values and mutual fund ownership relative to the BSE 200.

The Economic Times 15 Oct 2026 3:07 pm

Looksmaxxing blurs line between essential and discretionary for GenZ shoppers - Myntra Head

Myntra is seeing over 30% growth in orders and customers this year as Gen Z accounts for half its customer base. Business head Sharon Pais says fashion spending is becoming essential for young consumers, while festive average order values rose 1012%. The platform is gaining traction with direct-to-consumer brands and expanding rapid delivery through M Now and a new store-linked pilot.

The Economic Times 15 Oct 2026 2:58 pm

Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT Mumbai

After redevelopment of housing society, homeowner sold his flat for Rs 1.95 crore, pays no tax, got tax notice, wins case in ITAT Mumbai for this reason

The Economic Times 15 Oct 2026 2:43 pm

Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India deal

Fairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5.56 billion) deal for a 60.7% stake in the lender. The proposed restructuring would bring together banking, insurance, investment banking and wealth management, subject to regulatory approvals.

The Economic Times 15 Oct 2026 2:32 pm

Nestl India says rising inflation, particularly food inflation, is a reality

Nestl India has reported a strong 20.5% increase in sales for the September quarter. Profit after tax rose significantly due to robust volume growth across its product categories. Despite challenges from rising food inflation and volatile commodity prices, the company aims to enhance operational efficiencies. Investment in advertising and marketing increased as brand growth remains a priority for the organization.

The Economic Times 15 Oct 2026 2:23 pm

Supreme Court upholds Bombay HC ruling quashing YES Bank's Rs 8,415 crore AT1 bond write-off

The Supreme Court has confirmed the Bombay High Court's verdict that invalidated YES Bank's write-off of AT1 bonds totaling Rs 8,415 crore, part of a March 2020 restructuring plan. Investors, both institutional and retail, took their grievances to the High Court, leading to YES Bank, the RBI, and the Centre appealing this outcome. This ruling now grants bondholders a pathway to recover their investments that were previously at risk.

The Economic Times 15 Oct 2026 2:14 pm

Maison DArome wants India to say oui to luxury perfumes without the heavy price tag

Maison D'Arome has introduced a collection of premium perfumes in India aimed at discernible consumers. The brand asserts its fragrances are crafted with high-quality ingredients. The Indian perfume market is projected to experience significant growth driven by urbanization and rising incomes. Maison D'Arome plans to expand its portfolio and enhance its presence through retail partnerships. The company's founder emphasizes that luxury should be accessible without compromising quality or experience.

The Economic Times 15 Oct 2026 2:10 pm

Canada's Warren Buffett bets his billions on India. What does he see?

Prem Watsas Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking Indias largest cross-border banking deal. The Canadian investor plans to build a financial services powerhouse by combining banking with insurance, wealth management and capital markets. But regulatory approvals, overlapping ownership with CSB Bank and execution risks could test his biggest India bet.

The Economic Times 15 Oct 2026 2:04 pm

294% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.94 lakh

Sovereign Gold Bond: The Reserve Bank of India has announced that the premature redemption price for Sovereign Gold Bonds will be set for October 2026. These bonds can be redeemed five years after their issuance at a fixed price. This redemption value is determined by the average closing gold price from the preceding three days.

The Economic Times 15 Oct 2026 2:03 pm

Swiggy and Groww among top 5 midcap stocks that saw highest mutual fund buying in September

Swiggy, Groww parent Billionbrains Garage, Patanjali Foods, Astral, and PB Fintech emerged as the top five mid-cap stocks attracting the highest net buying from mutual funds in September, according to a Motilal Oswal report. Swiggy led the inflows with a Rs 6.3 billion value increase during the month.

The Economic Times 15 Oct 2026 2:02 pm

ICICI Life bets on women advisors, plans 20,000 hires by FY27

ICICI Life Insurance plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative. Women currently account for around 32% of its advisor base but contribute 45% of agency business. More than 78,000 women advisors were associated with the insurer as of September 30, 2026.

The Economic Times 15 Oct 2026 1:56 pm

ReNews Sumant Sinha says cheaper nuclear power can replace coal in India

Sumant Sinha, Chairman & CEO of ReNew, indicates that nuclear projects could be a viable alternative to coal. He emphasizes that reducing the high setup costs of nuclear plants is crucial for wider adoption. India aims to increase its nuclear capacity from 8.8 GW to 100 GW by 2047. Current estimates suggest this growth will require substantial investments of Rs 15 lakh crore.

The Economic Times 15 Oct 2026 1:56 pm

SGB 2019-20 Series V: Investors to pocket 294% gains on premature redemption key dates and tax rules explained

SGB 2019-20 Series V investors can redeem their bonds at 14,725 per gram on October 15, 2026. Price gains range from 289% to 294%, excluding interest and taxes. Budget 2026 changes mean premature redemption is no longer eligible for the capital gains tax exemption.

Livemint 15 Oct 2026 1:41 pm

India keeps Pernod Ricard in high spirits even as its top markets cut down on the cheers

Pernod Ricard has reported a 19% rise in sales in India, providing some relief against drops in bigger markets like the US and China. Overall, the company witnessed a slight year-on-year decline of 0.9% for the first fiscal quarter, with US sales down 10% and Chinese sales plummeting by 25%.

The Economic Times 15 Oct 2026 1:40 pm

Trevoc plans Rs 800-1,000 crore investment to expand to tier-2 cities

TREVOC is set to invest between 8001,000 crore in new projects over the next three years. The company aims to generate a gross development value of 3,0003,500 crore through this expansion. Proposed projects include integrated townships in Sonipat and Panipat, consisting of residential and commercial spaces. TREVOC also plans to develop approximately five lakh sq. ft. of commercial property alongside its residential portfolio.

The Economic Times 15 Oct 2026 1:38 pm

Canara Bank has Rs 47000 crore corporate loan pipeline

Canara Bank has a corporate loan pipeline totaling Rs 47,000 crore amid rising demand from Indian companies. The bank expects credit growth to remain above 19% year-on-year for the upcoming quarter. It reported significant growth in deposits and loans due to a strategy focused on non-resident Indian customers. Management anticipates maintaining a return on assets above 1% despite future provisioning requirements.

The Economic Times 15 Oct 2026 1:36 pm

Rs 5,000 fine for talking or watching on speaker mode! Railway passengers could land in trouble for playing reels, films or cartoons loudly or making phone calls on trains

Railways has warned passengers against playing music, watching videos or making loud phone calls using speaker mode on trains and railway premises. Passengers have been advised to use earphones and keep conversations at a reasonable volume to avoid disturbing fellow travellers. Railway staff have been directed to spread awareness and take action against violators, who could face fines of up to Rs 5,000 or imprisonment of up to six months. The move aims to improve passenger comfort and ensure better etiquette, particularly in enclosed spaces such as AC coaches, where loud audio and prolonged phone conversations can cause inconvenience.

The Economic Times 15 Oct 2026 1:31 pm

Gold rate silver rate today (October 15, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

Gold rate today: Gold prices saw a notable dip across major Indian cities on October 15, 2026, with leading jewelers such as Joyalukkas, Malabar Gold & Diamonds, and Kalyan Jewellers announcing lower rates for 22k gold jewellery.

The Economic Times 15 Oct 2026 1:17 pm

5 money lessons from international bestseller 'The Automatic Millionaire' by David Bach

David Bachs The Automatic Millionaire argues that building wealth depends less on earning a large salary than on creating habits that make saving and investing automatic. 

Livemint 15 Oct 2026 1:10 pm

India passenger vehicle sales rise 22% to 4.54 lakh units in September: SIAM

September 2026 marked a pivotal month for India's automotive sector, with car sales climbing by 22%, reflecting strong consumer interest. Ahead of the festive season, manufacturers stepped up shipments, while two-wheeler sales also surged by 13.5%. This upward trend was bolstered by enhancements in affordability and infrastructure. Despite ongoing global geopolitical tensions, optimism about maintaining this demand growth remains high.

The Economic Times 15 Oct 2026 1:06 pm

The local unit of Barclays appoints Sonali Sharma as Managing Director and Head of Legal

Sonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and general counsel at Bank of America. Her career began as a trainee at Mulla & Mulla before moving to Juris Corp. Sharma has extensive experience in capital markets and risk management. Several banks are bolstering their legal teams in response to regulatory changes.

The Economic Times 15 Oct 2026 1:05 pm

Barclays India appoints Bank of America's Sonali Sharma as legal head

Sonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and general counsel at Bank of America. Her career began as a trainee at Mulla & Mulla before moving to Juris Corp. Sharma has extensive experience in capital markets and risk management. Several banks are bolstering their legal teams in response to regulatory changes.

The Economic Times 15 Oct 2026 1:05 pm

PepsiCo warns 'energy drink' ban could run its India supplies dry as Red Bull sells on

PepsiCo told an Indian court

devdiscourse 15 Oct 2026 12:52 pm

Everyone has money advice. Who should young investors listen to?

Gen Z has more financial advice at its fingertips than any generation before it. But with influencers, family, friends and AI offering competing answers, knowing whom to trust is the real challenge.

Livemint 15 Oct 2026 12:40 pm

Air India tightens spending controls as it battles losses and high fuel costs: Report

Air India is forming a dedicated team to identify cost-saving opportunities in operations while facing significant challenges. The airline is under pressure to restore profitability after recording substantial losses in the past fiscal year. Fresh equity funding is being sought from Tata Sons and Singapore Airlines to stabilize finances. Operational disruptions from regional conflicts and a lack of certifications have complicated recovery efforts.

The Economic Times 15 Oct 2026 12:35 pm

Gold, silver back in shine after crash: What drove the fall, why prices surge, what's next for investors? Explained

Gold and silver prices rebounded on October 15 after a three-day losing streak, following a sharp selloff. While easing Treasury yields and a weaker dollar supported the recovery, shifting Fed rate expectations remain key factors to watch.

Livemint 15 Oct 2026 12:28 pm

Higher EMIs ahead on SBI loans: State Bank of India revises lending interest rates; Check latest EBLR, RLLR and MCLR rates

In response to the recent uptick in the repo rate, State Bank of India has elevated its External Benchmark-linked Rates and the Repo Linked Lending Rate. As a result, borrowers can anticipate an increase in their equated monthly installment payments. However, the MCLR rates have only seen adjustments across various tenures, leaving overnight and one-month rates untouched.

The Economic Times 15 Oct 2026 12:15 pm

HDFC Defence Fund increase stake in HAL, Mazagon Dock, Bharat Electronics and 7 others in September

HDFC Defence Fund increased its holdings in 10 stocks in September, including Hindustan Aeronautics, Mazagon Dock Shipbuilders and Bharat Electronics, according to ACE MF data. The fund also raised exposure to Bharat Forge, Eicher Motors and Tata Motors. However, it underperformed its benchmark over the three-year period despite stronger shorter-term returns.

The Economic Times 15 Oct 2026 12:12 pm

Railway employees to get Rs 17,591 annual bonus: But why other central government employees get just Rs 6,908

Indian Railway annual bonus: The central government has announced a Productivity Linked Bonus for non-gazetted Railway employees for FY 2025-26. Railway employees will receive a bonus calculated at 78 days' basic wages, amounting to Rs 17,951. In contrast, other central government employees receive a significantly lower bonus calculated at 30 days' wages. Various employee associations have demanded an increase in the bonus wage ceiling due to rising inflation.

The Economic Times 15 Oct 2026 12:09 pm

Mahindra XUV 3XO ZNG launched at Rs 9.99 lakh: Check features, mileage & variants

Mahindra has launched the XUV 3XO ZNG CNG in India at a starting price of Rs 9.99 lakh (ex-showroom). Available in four variants, the compact SUV offers a claimed mileage of 24.70 km/kg, a 1.2-litre turbo-petrol engine, twin CNG cylinders, a panoramic sunroof and a 360-degree camera. It rivals the Tata Nexon CNG and Maruti Suzuki Brezza CNG.

The Economic Times 15 Oct 2026 12:05 pm

NCERT brings personal finance to Class 9, but can one chapter build money habits?

NCERTs new Class 9 chapter covers budgeting, saving, investing, insurance and tax. But teachers and experts say lasting money habits will depend on classroom practice, parental involvement and progressive learning.

Livemint 15 Oct 2026 11:50 am

boAt enters Sri Lanka, Bhutan; says international revenue more than doubled in FY26

boAt has announced its entry into Sri Lanka and Bhutan with a range of personal audio products, smartwatches, and charging solutions. The company aims to understand local consumers and adapt its offerings according to market preferences. In FY26, boAt's international revenue significantly increased, and its wearables business turned profitable. Future plans include expanding in existing markets and evaluating new opportunities across various regions.

The Economic Times 15 Oct 2026 11:47 am

Warren Buffett of Canada started with $8: Who is Prem Watsa? Fairfax chief behind 52,877-crore IDBI deal involving LIC

Hyderabad-born Prem Watsa built Fairfax Financial Holdings into a global insurance and investment business, drawing inspiration from Warren Buffett. The IIT Madras alumnus moved to Canada with just $8.

Livemint 15 Oct 2026 11:45 am

India is way ahead of China, UK in the number of young entrepreneurs and women founders: Hurun's U35 Rich List

India leads Huruns U35 comparisons with 180 entrepreneurs, ahead of Chinas 101 and the UKs 62. It also has the most women.

Livemint 15 Oct 2026 11:24 am

Dearness allowance hike: Cabinet skips July 2026 DA decision as railway bonus, social assistance plan get nod

Dearness allowance hike: Central government employees are still awaiting clarity on the July 2026 dearness allowance hike after the Union Cabinets latest meeting. While the announcement remains pending, two other proposals have received approval. 

Livemint 15 Oct 2026 11:22 am

Kalyan, Shahad, Titwala to Asangaon commuters take note: Railways seeks forest clearance for a fourth railway line

Central Railway has sought approval to divert around 6.5 hectares of forest land in Maharashtra for a 32.23-km fourth railway line between Kalyan and Asangaon. Estimated to cost Rs 1,619.96 crore, the project aims to ease congestion, increase train capacity and improve operations along the busy corridor shared by suburban, long-distance and freight services.

The Economic Times 15 Oct 2026 11:14 am

MahaRERA recovers Rs 369 crore in homebuyer compensation, recovery rate at 45%

Of the total amount recovered since the regulators establishment in May 2017, approximately Rs 260 crore was recovered up to December 2025, while another Rs 110 crore was recovered in 2026, providing relief to homebuyers awaiting compensation from developers.

The Economic Times 15 Oct 2026 11:14 am

Who is Romita Mazumdar? Foxtale founder is only woman among Huruns 10 youngest entrepreneurs

Romita Mazumdar, Foxtales founder and CEO, is the youngest woman on the Avendus WealthHurun India U35 List 2026. The 31-year-old launched the skincare company in 2021 after working in investment banking and private equity. 

Livemint 15 Oct 2026 11:06 am

Sectoral mutual funds: Why investors should explore banking, auto, power and healthcare funds now

Sectoral mutual funds: Banking, automobiles, power and healthcare are among the sectors offering opportunities amid diverging performance between large-cap and small-cap indices in H1FY27. Here is what investors should know about the outlook. 

Livemint 15 Oct 2026 10:52 am

LIC reveals details of its 3 new plans: Check benefits of New Jeevan Dhara-II, Health Shield and New Cancer Cover

Life Insurance Corporation of India is set to launch three new insurance products on October 19, 2026. These offerings, namely New Jeevan Dhara-II, Health Shield, and New Cancer Cover, have been designed to cater to various financial needs like retirement funds and health insurance. Customers will have easy access to these plans online via LIC's official portal, promising a boost in financial stability for families.

The Economic Times 15 Oct 2026 10:52 am

1.70 crore undisclosed cash alleged in property sale, Income Tax Dept relies on WhatsApp chats and Excel sheets; here's why taxpayer wins at ITAT Delhi

The Delhi Income Tax Appellate Tribunal quashed the assessment against Mr. Sehgal regarding alleged undisclosed cash. The Income Tax Department claimed he received Rs 1.70 crore in cash from a property sale. However, the tribunal noted that the evidence did not sufficiently establish the cash transactions. The tribunal observed that proper cross-examination of involved parties was not conducted.

The Economic Times 15 Oct 2026 10:43 am

Tata Tech shares rally 8% after Q2 results, but Goldman Sachs and JM Financial stay bearish. Here's why

Tata Technologies shares surged after reporting a 4% YoY rise in Q2 net profit to Rs 171 crore. Revenue grew 28% to Rs 1,699 crore, led by a 34% jump in services revenue to Rs 1,356 crore. EBITDA rose 32% to Rs 273 crore, with margins expanding 40 bps to 16.1%. Services revenue grew 4.3% sequentially in constant currency terms to $142 million.

The Economic Times 15 Oct 2026 9:34 am

Best value funds to invest in October 2026

If you are new to value investing, you should acquaint yourself with this style of investing and its merits and demerits. A value investor tries to choose stocks that are available at cheaper valuations. These investors employ various ratios and methodology to identify such stocks. Essentially, they look for stocks that are available at a discount to their real or intrinsic value. Simply put, it means the market hasn't discovered the true potential of these stocks and they are available at a discount.

The Economic Times 15 Oct 2026 9:27 am

Birla Estates in advance talks to buy Noida plot for Rs 1,000 crore

Birla Estates is in talks to acquire a 10-acre site in Noida from the Shipra Group for Rs 1,000 crore. The company intends to build a luxury residential development on this prime land in central Noida. This follows Birla Estates' recent collaboration with Sikka Group on another project in Greater Noida.

The Economic Times 15 Oct 2026 9:15 am