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Silver hits 11-month low of 1.95 lakh as crude stokes inflation fears
On the Multi Commodity Exchange (MCX), silver futures fell 6,799 per kg, or 3.4%, to 1,92,800 per kg on Friday. Prices have plunged 32,955, or more than 14%, over the past 10 sessions. A recent appreciation in the rupee has provided only limited relief against the decline in international prices.
The Reserve Banks framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.
Indian realty sector sees 69% fall in deal value to USD 705 mn in Jul-Sep: Grant Thornton Bharat
Indian real estate recorded USD 705 million in deals in the July-September quarter. This marks a significant 69 percent decrease from the previous quarter's USD 2.3 billion. Deal volumes also fell by 38 percent quarter-on-quarter, indicating a cautious investment climate. Private equity remained a key contributor with nine transactions valued at USD 555 million.
Tata Motors rules out raising Iveco bid, calls 14.40 offer last and final
Tata Motors announced a final offer of 14.40 per share to acquire the Iveco Group. This revised bid came after a delay in regulatory approvals across several countries. The approval from minority shareholders was sought during an extraordinary general meeting. The offer is set to close on October 26, with settlement planned for October 30. Tata Motors plans to complete this acquisition by November, if all conditions are met.
Bombay High Court questions arrest of Schaeffler India chief after fatal factory accident
The Bombay High Court's ruling comes after an incident on June 9, 2026 left two workers dead from to a gas leak. Harsha Gopal Kadam's arrest followed on October 19, with fresh charges leveled against him. The court emphasised a lack of substantial evidence to warrant his continued custody.
Govt to fund 50% of deepwater exploration costs under Rs 84,084 crore Samudra Manthan scheme
The Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued guidelines extend this support to previously awarded Open Acreage Licensing Policy and Discovered Small Field blocks. Additionally, the financial assistance covers seismic surveys and a portion of exploratory well costs. Recovery of government funding will begin after commercial production or upon recovering 50% of costs.
Tata Motors expects double-digit growth for CV industry in FY27
In the financial year 2026, India's commercial vehicle sales crossed the one-million mark with a 12.6 per cent rise to 10.80 lakh units. Almost 60 per cent of the industry volume comes from light commercial vehicles.
Sagarmala Finance Corp aims for Rs 60,205 cr disbursal by 2031
Sagarmala Finance Corporation Limited has announced a cumulative disbursement target of Rs 60,205 crore by 2031. The financing has reached Rs 11,563 crore, with Rs 5,107 crore disbursed so far. Union Shipping Minister Sarbananda Sonowal emphasized SMFCL's role in supporting port-led development and shipbuilding initiatives. The Maritime Investment Fund aims to strengthen long-term financing for maritime projects nationwide.
VISHWAS 2026 is a one-time settlement scheme that lets employers resolve disputes over damages levied for delayed Provident Fund contributions. Several High Courts have directed or encouraged employers to use the scheme to close pending litigation.
RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor
RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence in India's robust forex reserves and external sector resilience amid these challenges.
JK Tyre to hike prices by 4-5% in Q3 as raw material costs stay elevated
JK Tyre & Industries Ltd intends to raise tyre prices by 4-5% in the current quarter. The company aims to offset higher raw material and container freight costs. This follows previous price increases of 5% and 7% in earlier quarters. The company reported a decline in profit for the July-September quarter amid challenging operating conditions. Rising costs of raw materials continue to impact the company's profit margins going forward.
Indian pharma: Unethical practices, marketing rules under lens; new review body set up
The review comes against the backdrop of the Uniform Code for Pharmaceutical Marketing Practices (UCPMP), which was introduced in 2015 as a voluntary, industry-led mechanism to promote ethical conduct in pharmaceutical marketing and regulate interactions between drug companies and healthcare professionals.
IBM India leases 2.83 lakh sq ft office space in Bengaluru for 10 years
IBM India has leased an extensive office space at Radon tower in Bagmane Solarium City. The lease agreement spans over a decade, with estimated costs totaling Rs 522 crore. IBM will pay a monthly base rent of Rs 2.49 crore, subject to a 15% escalation every three years. Additionally, the company will incur fit-out costs over five years, approximately amounting to Rs 179 crore.
IAS Dhatri Reddy Leaves London Banking Career to Build Andhra Pradesh
An IAS officer is helping widen access to entrepreneurship across Andhra Pradesh, with RTIH reporting support for over 2,500 startups and engagement with more than 5,200 founders.
India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group says
The British government said iconic UK products like whiskies would benefit from the pact. Indian investigators, however, have privately told companies the reduced rate does not apply to bulk Scotch concentrates, creating the first significant dispute over the free trade agreement since it took effect.
Goa rationalises aviation turbine fuel VAT to 7% from October 24, IndiGo welcomes move
Goa's government has announced a 7% value-added tax on aviation turbine fuel, starting in October 2026. IndiGo has expressed support for this decision, encouraging other states to implement similar strategies. The airline believes this change will enhance air connectivity and support Goa's tourism industry. The notification alters the existing VAT rate under the Goa Value Added Tax Act of 2005.
A division bench of Justices Rana Vikram Singh and Bibek Chaudhuri passed the order on October 9. Along with upholding the divorce, the court directed the husband to pay his estranged wife 36.25 lakh as permanent alimony.
Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.
Dhanteras shopping: A complete guide to buying gold, diamond jewellery safely
A BIS hallmark provides information about the purity of the gold in a jewellery article. It does not, by itself, certify the quality, authenticity or origin of every diamond or gemstone set in the piece.
Banks see 5.19 lakh crore deposit outflow, credit shrinks 2.52 lakh crore
Kolkata's banking sector faced a Rs 5.19 lakh crore withdrawal of deposits in the fortnight ending October 15. Credit outstanding also contracted by Rs 2.52 lakh crore during the same period. Consequently, credit growth decreased to 18.2% from 19.4% in the prior fortnight. Meanwhile, deposit growth recorded a decline to 16.7% compared to 17.8%. The overall outstanding deposits reached Rs 278.76 lakh crore and outstanding credit was Rs 227.
Chennai-bound IndiGo flight returns to bay at Delhi airport after threat message
An IndiGo flight from Delhi to Chennai received a threat message before takeoff and returned to the bay. The Air Traffic Controller received a call alerting them about the threat concerning flight 6E 6091. A message was discovered in a lavatory instructing not to fly the aircraft. Following protocol, the plane was taken to an isolation bay for safety checks.
The Income-tax Act, 2025, effective April 1, 2026, introduces Form 141 to consolidate four TDS forms. Applicable from Tax Year 202627, it covers specified property purchases, rent, contractor and professional payments, and virtual digital asset transfers. Here are the thresholds and filing rules.
RBI tightens leverage ratio rules, keeps minimum capital thresholds unchanged
The RBI has tightened how banks calculate leverage by widening the measurement of derivatives, repo transactions and off-balance-sheet exposures, while retaining the minimum ratios at 4% for systemically important banks and 3.5% for others. The norms, effective April 1, 2027, also strengthen disclosure requirements and restrict the use of collateral and netting to reduce reported exposures.
Titan Company's luxury brand Zoya aims to reach 500 crore in revenue by FY27 as India's luxury jewellery market expands. It is targeting high-net-worth individuals who seek exclusive and unique jewellery pieces over traditional options. Zoya specialises in coloured gemstones, offering intricate craftsmanship and a range of prices to appeal to affluent consumers.
Adani Power CEO puts Q2 numbers in perspective, gives a peek into the road ahead
Adani Power CEO Khyalia said that the company remained focused on delivering reliable, high-quality electricity on schedule to meet Indias rising baseload requirements. Indias growing appetite for electricity is strengthening the case for thermal power, he added.
Senior citizens can earn up to 8.5% interest on fixed deposits in October 2026. Small finance banks offer the highest rates, followed by private and public sector banks. Here is a comparison of top FD rates across banks for 1-year, 3-year, and 5-year tenures.
Vaishnaw outlines India's new chip road map
India is aiming to move from 28-nanometre chip manufacturing to 3-nanometre technology by 2035, Union minister Ashwini Vaishnaw said as he outlined the countrys roadmap to build a competitive semiconductor ecosystem.Speaking at the NDTV World Summit on October 23, the minister laid out a roadmap that prioritises large-volume production, domestic design capabilities and a wider semiconductor supply chain.Vaishnaw said Indias semiconductor ambitions rest on a clear sequence: establish a foothold in high-volume chip manufacturing, develop domestic design capabilities and progressively move towards advanced technologiesAddressing concerns that India risks entering the industry with outdated technology, Vaishnaw said the strategy prioritises the segment where manufacturing dependence is most consequential. Around 75% of chips used across products, from refrigerators and automobiles to mobile phones, fall within the 28-nanometre to 19-nanometre range, he said.Also read | Apples iPhone Duo: A foldable leap with a few creases to iron outAlthough these legacy nodes command less value and involve lower complexity than advanced chips, they account for substantial volumes. Vaishnaw warned that manufacturing capacity in this segment was becoming concentrated in one country, creating a supply-chain vulnerability.Indias decision to begin with a 28-nanometre fabrication plant is intended to address this dependence and establish the country as a reliable manufacturing partner. The Tata project at Tolera is progressing well, he said. The roadmap envisages India producing 5-nanometre and 3-nanometre chips by 2035, with a progression from 28 nanometres to 14 nanometres and then to 5 nanometres.Vaishnaw said the first semiconductor mission had set a modest benchmark of three plants because of the complexity involved. India now has 15 plants, he said, while five have already started commercial production since the journey began in January 2022. A sixth is expected to be inaugurated shortly, and the 12 plants under the first mission are expected to be completed soon.Indian-made chips are already being exported to Japan, the US and Europe, reflecting the quality and reliability achieved so far, he said.Also read | India smartphone shipments fall to decadal low as prices squeeze demandThe second phase, Semicon 2.0, will place greater emphasis on building the ecosystem around fabrication plants and assembly, testing, marking and packaging (ATMP) facilities. Design will be its foremost priority, alongside materials and equipment.Vaishnaw said India would consider attracting at least three manufacturers of sophisticated semiconductor equipment to establish manufacturing and design operations in the country a measure of success. Bringing five manufacturers of highly pure chemicals and gases to India is another target. The initiative also aims to expand the pipeline of deep-tech startups capable of securing venture capital funding from around 20 under the first phase to 200.India already accounts for 20% of the worlds design engineers, supported by a talent pipeline spanning more than 300 universities, he said.Indian-designed phones on the horizonVaishnaw also outlined a broader ambition to retain intellectual property within India and develop an indigenous mobile phone brand. By October 23, 2028, he expects India to have mobile phones that are designed, manufactured and branded domestically.He cited the development of a locally designed mobile-phone motherboard by an Indian company, whose design was selected by one of the largest US telecom service providers. The company has already manufactured and delivered a 5G-plus phone to customers, demonstrating capabilities developed over three and a half years.Vaishnaw said the longer-term goal was to strengthen Indian ownership of technology and design as electronics becomes one of the countrys leading export sectors.The strategy, he noted, will be judged not merely by the number of semiconductor plants established, but by whether India develops the equipment suppliers, materials manufacturers, startups and design expertise needed to sustain the industry.
JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investment
JSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable investment of Rs 7,500 crore from both parties, this ambitious project targets an increased production capacity of 9.5 million tonnes by FY31. In addition, further investments will support improvements in other steel and mining activities, reinforcing their competitive edge and significantly upgrading their product range.
RBI issues final leverage ratio rules for banks
ICICI Bank and Indian Bank have raised fixed deposit interest rates for select tenures effective October 23, 2026. Indian Bank also adjusted its rates, increasing FD rates on their special 555-day and 777-day FDs.
Insurance regulation: Reform must strengthen the market, not weaken its foundations
Proposed changes to insurance commissions could reshape distribution, jobs and access to protection. Reform must be backed by evidence of lower costs and better consumer outcomes.
Real-time payments explained: How money moves between bank accounts in seconds
Real-time payments allow money to move between bank accounts within seconds, making transactions faster and more convenient for consumers and businesses. In India, systems such as UPI and IMPS enable instant transfers, while RTGS processes high-value payments in real time. Here is how these systems work, the technology that powers them, their benefits for businesses and customers, and the security challenges.
KEC International bags new orders worth over Rs 1,000 cr
KEC International has announced that it has secured new orders valued at Rs 1,006 crore. These include orders for a 400 kV transmission line and supply of towers in Oman and the Americas. Additionally, the civil business received a repeat order for constructing a multispeciality hospital in Eastern India. The cables and conductors segment has also secured orders in India and abroad.
C-DAC, Bank Of India Join Hands To Develop Indigenous Quantum Technologies For Banking
After her belongings were delayed, damaged and partly lost during a Delhi-to-Nagaland move, Longchar sought compensation. The consumer commission held the movers deficient in service and rejected Urban Companys claim that it was merely an intermediary.
Bharat Biotech slashes price of malaria vaccine MOSQIVAC by 40%
Bharat Biotech said the move will help protect another 1 million children and generate $50 million in savings.
Flexi workspace cos expand solar capacity
Large and listed managed workspace providers are scaling up their green energy efforts by launching their own solar farms in addition to installing rooftop solar panels nationwide.IndiQube has more than 30 megawatt of operational solar capacity and is targeting nearly 30 MW of additional capacity in this financial year, while Table Space has invested in captive solar capacity of about 3.8 MWp across Karnataka and Maharashtra.WeWork India plans to develop a 10 MWp (DC) ground-mounted solar power plant in Karnataka, part of its goal to transition towards 100% renewable electricity by March 2028.Our near-term ambition is to transition the IndiQube portfolio to 100% green power, with renewable capacity growing alongside our workplace footprint. We see solar investment and green building transformation as complementary: improve how efficiently a building operates while changing the source of the energy it consumes, said Rishi Das, co-founder and CEO of IndiQube.Managed space platforms have a natural advantage, as they can aggregate energy demand across both centres and customers. This creates the necessary scale to move from individual rooftop installations to larger solar farms, making green power accessible to enterprises without the need for each one to build its own infrastructure.A majority of our centres are located in leased buildings, and rooftop solar alone cannot meet the power requirements of a large office campus, said Table Space president and co-CEO Kumal Mehra. Our recent investment in captive solar is structured to create additionality in the market. Under this model, we take an equity stake in an off-site solar project and receive its power through open access. Where roof space permits, we supplement this with on-site solar, and we also use renewable energy certificates.As of March 31, Table Spaces portfolio spans 11.46 million sq ft across 176 facilities and 84 centres in nine cities, and many of its enterprise clients have made their own net-zero commitments. They increasingly expect the workspaces they occupy to be powered by clean energy.The WeWork India plant is targeted for commissioning in this financial year and is expected to generate about 15-16 million units of clean electricity annually. Once operational, it is expected to increase the share of renewable electricity across the companys portfolio to about 50% from nearly 40% at present.Nearly 80% of the plants output will support WeWork Indias operations, including 10 centres in Bengaluru. The remaining 20% of the plants output will be used for its future growth.Bengaluru is our largest market, making it the natural starting point for an investment of this scale. As we grow, we want a greater share of that growth to be powered by clean energy, but we also want sustainability to make strong business sense, WeWork India managing director and CEO Karan Virwani said earlier. Building our own renewable generation capacity allows us to do both - reduce the carbon footprint of our operations while creating greater certainty over energy costs for the next 25 years.IndiQubes operational footprint includes solar farms in Karnataka and Maharashtra, alongside more than 25 rooftop installations across the country. An upcoming solar farm in Tamil Nadu will extend this footprint further. Our next step is to take the same thinking from managed spaces into managed green power. What began as solving our own requirement has become an opportunity to help other enterprises make the same transition, Das said.Table Space, in partnership with Clean Max and AMPYR Energy, is expected to deliver more than 5 million units of renewable energy annually and avoid about 3,500 tonnes of emissions each year.These long-term investments can help us have greater predictability in energy costs and are expected to double the share of renewable energy in Table Spaces energy mix. These initiatives support our net-zero commitment and our commitment to set science-based targets through the Science Based Targets initiative, said Mehra.
This state government has raised the Dearness Allowance (DA) from 45% to 50% for eligible employees. The additional DA will be paid with the October 2026 salary in November, while arrears from July 2023 and January 2024 to September 2026 will be paid separately as prescribed.
Investing 10,000 monthly in Post Office RD or PPF can help build long-term savings. Compare October-December 2026 interest rates, investment tenure, maturity, tax benefits and reinvestment requirements before choosing a scheme.
Apples iPhone Duo: A foldable leap with a few creases to iron out
Apple's new foldable smartphone, the iPhone Duo, quickly sold out after its launch in India. The device has experienced software optimization issues and supply challenges, affecting availability for consumers. iPhone Duo's launch price reaches up to 4,49,900, leading to concerns about its camera capabilities. A purchase limit has been established to combat grey-market reselling, creating further scarcity.
India stands to benefit from a $22 billion market
AT Capital to infuse Rs 10,000 crore in Experion Developers
AT Capital has granted an investment of Rs 10,000 crore to Experion Developers in India. With a portfolio of 12 completed projects and over 3,000 homes delivered, the company plans to invest nearly 60% in land acquisition. While maintaining focus on the NCR, Experion is also looking at opportunities in tier 2 cities, ensuring wellness is embedded in their designs from the outset.
Chennais 20 MRTS stations between Chennai Beach and St Thomas Mount could see improvements in lighting, security and housekeeping by early 2027 as the Tamil Nadu government prepares to take over the networks assets from Southern Railway. The transfer agreement is expected by the end of November. CMRL will eventually manage station facilities, while Southern Railway will continue operating trains for another 24 months.
NHB appoints forensic auditor for SRG Housing Finance
The National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of fictitious loan accounts worth 300400 crore, repayment record manipulation and possible fund diversion. The investigation will examine loan disbursements, borrower identities, asset classifications and fund usage, with findings potentially shaping regulatory action and the lenders financial outlook.
The Delhi State Legal Services Authority is set to conduct a National Lok Adalat from 10 am to 4 pm at multiple court locations throughout New Delhi. This initiative will tackle civil and criminal compoundable cases, allowing litigants to refer their matters by visiting designated court complexes.
Bajaj Finserv says Deepak Reddy appointed as CEO designate of Bajaj General Insurance
Bajaj General Insurance has appointed Deepak Reddy as CEO designate from January 1, 2027. He will take over as managing director and CEO on April 1, 2027, subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI).
Petronet LNG, Gruner Renewable float JV to develop CBG plants with Rs 1,200 cr investment
Petronet LNG and Gruner Renewable Energy have formed a 50:50 joint venture to develop compressed biogas plants. This joint venture will involve an estimated investment of Rs 1,200 crore for developing ten plants in India. Each plant is designed to handle 18 metric tonnes of biogas per day, contributing to renewable energy goals. The partnership aims to enhance the commercial viability of the compressed biogas ecosystem in India.
India smartphone shipments fall to decadal low as prices squeeze demand
India's smartphone market experienced significant declines in shipments during the July-September 2026 quarter. Shipments fell by 20% year-on-year, marking the lowest levels in a decade. Demand for smartphones priced under Rs 20,000 saw a drastic 47% decline due to rising prices. Major brands such as Samsung and OPPO adapted by optimizing their product offerings to improve market performance.
Dr Reddy's rolls out new generic Ozempic brands amid Obeda supply disruption
Dr Reddys Laboratories has expanded its generic semaglutide portfolio with Obeda Pro and Obeda Plus after supplies of its original Obeda injection were halted in July for technical evaluation. The new brands are manufactured by Hetero Labs, while distributors say the company may discontinue Obeda injectable supplies. Dr Reddys denies a replacement strategy.
Jubilant Pharmova eyes $150 million through rupee debt sale, bankers say
It plans to raise around 1,400 crore (around $150 million) through the sale of three-year bonds with bullet maturity
EPS-95: Private sector employees wins case for higher pension as Bombay HC rules higher pension can be given even if PF trust rules capped the contributions at statutory wage ceiling limit
PhonePe is offering 25,000 insurance cover against firecracker mishap amid the festive season. Here's how to avail the products; check details of premium payment for 30-day financial protection, and 11-day plan.
Jubilant Pharmova eyes $150 mn via rupee debt sale
YouTube partners with IIFA for global streaming of 2027 awards; ZEE remains broadcast partner
YouTube has partnered with IIFA to stream the 2027 awards worldwide, while Zee Entertainment Enterprises remains the events official broadcast partner. The collaboration will extend beyond the ceremony to include creator partnerships, digital watch parties, behind-the-scenes content and other programming during IIFA Week, connecting film stars with digital creators and global audiences.
Vikram Solar to roll out first cells from 9 GW Tamil Nadu facility in December 2026
Vikram Solars 9 GW N-type TOPCon solar cell manufacturing facility in Gangaikondan, Tamil Nadu, is on track to begin production in December 2026. The plant will be commissioned in phases, reduce the companys dependence on imported cells and advance its integration roadmap towards domestic manufacturing from ingots and wafers to finished modules.
Legal experts confirm that income-tax laws set no numerical limit on properties a person can own under one PAN. However, buyers should retain proof of funds, sale deed, payment evidence and transaction records.
Tesla pitches Model Y at Rs 19,990 a month
A 20 lakh home loan at 8.5% interest could cost significantly less if you increase your monthly EMI by 5,000. Compare regular and higher EMI calculations to understand potential interest savings, repayment tenure and key factors to consider before increasing your home loan EMI.
The Bond who came back from the dead
Do debt mutual funds eliminate portfolio risk? A 25-year study shows how adding equity to a debt portfolio may reduce volatility while improving average returns. Heres how different debt-equity combinations have historically performed and what mutual fund investors should know.
Hyundai Bayon to launch in India on Oct 26
Hyundai Motor India is set to launch the latest carmodel Bayon in India on October 26, with bookings for the SUV open at Rs 11,000 through the companys website and authorised dealerships.The automaker has yet to announce the Bayons price. Deliveries are scheduled to begin during the festive season, with detailed timelines to be announced at launch.Also read: Hyundai Motor India opens booking for Bayon at Rs 11,000; check how to book, specifications & moreThe Bayon will be powered by a four-cylinder, 1.5-litre MPi petrol engine producing 115 PS of maximum power and 143.8 Nm of torque. It will be offered with a six-speed manual transmission and an intelligent variable transmission (iVT).The automatic variant will get Dash Boost Mode, designed to improve acceleration response during overtaking, and Sporty Drive Tech for a more responsive acceleration experience. The SUV will also feature paddle shifters and three driving modes, Eco, Normal and Sport, allowing drivers to adjust the vehicles performance to different driving conditions.Hyundai said more than six lakh vehicles equipped with the same 1.5-litre MPi petrol engine have been sold in India since 2020.The Bayons launch comes as Hyundai expands its SUV offering in the Indian market. Further details, including pricing and variant-wise specifications, are expected to be announced on October 26.Commenting on the performance philosophy of Hyundai BAYON, Tarun Garg, Managing Director & CEO, Hyundai Motor India Limited, said, With Hyundai BAYON, we have combined our trusted four-cylinder 1.5L MPi petrol engine with intelligent driving technologies to deliver a driving experience that feels smooth, responsive and engaging across a variety of road conditions.\Technologies such as the Intelligent Variable Transmission (iVT), Dash Boost Mode, Sporty Drive Tech and selectable drive modes work seamlessly together to adapt to the driver's needs and enhance confidence behind the wheel, he added.
Sister wins share in joint family property
DICA consumers are digitally native, doing their research and prioritisation online and then deliberately seeking out advisors to validate their choices.
Why IDBI Bank employees called for 2-day strike
Oil India strikes gas in new offshore find
Will EPF wage ceiling hike go in vain for your EPS?
Flexi-cap vs multi-cap funds: Which offers better diversification and returns? What the data shows
Multi-cap funds must keep at least 25% of their portfolio in each of large-, mid- and small-cap stocks at all times, with the remaining 25% left to the fund managers discretion. Flexi-cap funds also invest across market caps, but they have no such minimums, setting the two categories apart.
AC, TV damaged during shifting: Lady wins Rs 3L
With salaried employees set to receive Diwali bonus, we illustrate how investment of lumpsum amounts of 20,000, 50,000, 80,000 and 1 lakh could grow through SIP, fixed deposits, or PPF at specified rates and time periods.
Double Contributions Convention extends the social security contribution exemption for eligible Indian and UK employees on temporary overseas assignments to up to 5 years (60 months). Heres how the new rules benefit employees.
India is expanding its domestic tunnel boring machine (TBM) manufacturing capabilities as work progresses on the 125-km Rishikesh-Karnaprayag railway line through the Himalayas. Railway Minister Ashwini Vaishnaw said India now manufactures 8-metre and 15-metre TBMs and plans to produce machines exceeding 16 metres, amid fresh Chinese restrictions on the technology. The railway project involves 16 tunnels and 19 bridges, with around 83% of its route passing through tunnels.
HPCL refinances Rs 50,000 crore Rajasthan refinery debt, eyes Rs 1,000 crore annual interest savings
HPCL has refinanced about Rs 50,000 crore of debt at its Rajasthan refinery, cutting borrowing costs by 105 basis points and targeting annual interest savings of Rs 1,000 crore through broader financial restructuring. The company expects the 9-million-tonne facility to approach full capacity by December, with higher refining margins improving profitability.
When it comes to the Merchant Discount Rate (MDR)the cost merchants pay banks to process card transactionsthe regulatory lines blur between debit and credit cards, legal experts told LiveMint.
Lab-grown gold to crash prices? San Franciscos Marathon Fusion just turned mercury into yellow metal
Marathon Fusion, a San Francisco-based start-up, claims to have converted mercury into stable gold using nuclear transmutation, saying it surpassed CERNs record by 10 times. However, it has not disclosed the quantity produced or shared experimental data, leaving the claims scale and commercial potential unclear.
Missed your BTS moment? ARIRANG is headed to 89 cinemas in India
BTS fans in India will have the chance to enjoy screenings of performances from the ARIRANG world tour. The concert screenings are scheduled for October 25 and 31 in 38 cities across the country. Both performances were filmed in Buenos Aires and So Paulo, providing a unique experience for fans. The event aims to facilitate a shared experience among BTS ARMY members in cinemas.
MahaRERA approves Rs 23,719 crore housing projects ahead of festive season
MahaRERA approved 435 housing projects ahead of the festive season, indicating strong residential market activity. The approvals involve an investment of Rs 23,719 crore and comprise 32,981 apartments across various regions. The approvals included significant numbers of projects in Mumbai Metropolitan Region and Pune, contributing to market momentum. Developers are also seeking extensions for projects delayed beyond completion dates, which reflects their proactive approach.
Oil India discovers natural gas in Krishna-Godavari Basin, records peak flow of 200,000 SCMD
Oil India Ltd. announced a significant natural gas discovery in a shallow-water block of the Krishna Godavari Basin. The Godavari-1 appraisal well achieved a peak test flow rate of 200,000 Standard Cubic Metres Per Day. Currently, the well's output includes gas flow at 100,000 SCMD and additional condensate production. This discovery highlights the importance of domestic gas supplies amid India's increasing reliance on imports.
The Indian Medical Association has raised concerns about the promotional video of the film 'Suryaa - Ant Se Aarambh Tak'. They believe it portrays corruption within the medical profession and depicts violence against healthcare professionals in an inappropriate manner. The IMA has requested an investigation into the film's content and suggested corrective actions if necessary.
The Reserve Bank of India has finalized the redemption price for future Sovereign Gold Bonds, allowing investors to redeem them early after a five-year period. This price is based on recent average gold closing prices.
Reel deal: The next big thing in online shopping is playing on your screen
E-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide a new shopping experience, combining entertainment with direct purchasing options. Consumers in tier 2 cities are particularly benefiting from this innovative approach to shopping. Companies like Amazon, Flipkart, and Myntra are adopting these technologies to boost sales. This shift may result in a significant increase in online shoppers in the coming years.
Parag Parikh Flexi Cap, SBI Flexi Cap among top 7 flexicap MFs to invest in October 2026
Among the seven recommended flexi cap mutual funds, Parag Parikh Flexi Cap Fund and SBI Flexi Cap Fund stand out for their commendable track records. Evaluated on parameters like returns, consistency, and asset size, these funds have consistently outperformed over the past five years. Investors with a medium risk appetite looking to invest for a period of five to seven years should consider flexi cap funds for potential wealth accumulation.
Heineken worries over weight-loss drugs, beer sales
The EPFO board may discuss raising the Employees Pension Scheme minimum monthly pension at its meeting in Gujarat on 19 November. This comes amid demand from unions and pensioners, who have sought increase from 1,000/month to 7,500 month.
Gratuity calculator: How much will you get on 50,000 last drawn salary after 10 years?
Netflix, Hoichoi partner to expand Bengali content across multiple languages
Netflix and Bengali streaming platform Hoichoi have partnered to release Hoichois upcoming series on Netflix in Hindi, Tamil and Telugu over the next two years, alongside their Bengali premieres on Hoichoi. The deal also covers 14 existing titles, including Eken Sirji, Sampurna and Mahanagar.
Driving licence alert: 7 proposed changes
EXCLUSIVE-Heineken document reveals worries over weight-loss drugs and beer sales
Heineken has urged British
EPFO has explained how long an EPF account continues to earn interest after an employee retires at 58. Interest continues to be credited for 3 years, up to age 61, after which the account becomes inoperative. Heres how the rule works and what retirees should consider before withdrawing savings.
Sovereign Gold Bonds: RBI has set the final redemption price of SGB 2018-19 Series II at 14,425 per gram today, October 23, 2026. Investors who purchased the bonds at the original issue price can earn capital gains of up to 366%, excluding interest and taxes.
