30 C 
Tesla expands NCR footprint with new Noida experience centre after Delhi and Gurugram
Tesla has launched its third Experience Center in the National Capital Region, located in Noida's Sector 98. This facility allows local residents to view Tesla models, test drive vehicles, and place orders. The center will showcase the Model Y Premium Rear-Wheel Drive and the Model Y L with significant storage capacity. Financing options for both models include down payments and monthly EMIs based on a seven-year tenor.
Axis Mutual Fund has entered the specialised investment fund category with Accelerate SIF, focusing on risk-adjusted returns and disciplined portfolio management. Nandik Mallik will lead the initiative, with equity and hybrid product launches planned soon.
8th Pay Commission: When can government employees expect salary hikes? Check report timeline
The 8th Pay Commission report is expected by May 2027 under its 18-month mandate. Know the expected salary hike timeline, government approval process, fitment factor demands and whether central government employees may receive arrears from January 2026.
De Beers to open 100 Forevermark stores in India by 2030
Currently, the company has 10 Forevermark brand stores in India, six of which are company-owned and the remaining four are on a franchise model
Premiumisation core growth engine for alcobev: ISWAI report
Premiumisation is driving growth in Indias alcoholic beverages market, with the premium segment expanding at a 10.2% CAGR between 2022 and 2025 versus 1.4% for regular products, according to ISWAI. The industrys economic value reached Rs 6.2 lakh crore in 2025, while the body called for more consistent regulation, rationalised taxation and modernised distribution to unlock further growth.
Parag Parikh Flexi Cap Fund added 13 stocks to its portfolio in September, including DLF, Bharti Airtel, Petronet LNG and Indus Towers, while exiting The Great Eastern Shipping Company. The fund held 33 stocks during the month, compared with 34 in August, and did not reduce its exposure to any stock. Its assets under management stood at Rs 1.45 lakh crore, with 9.77% held in cash, debt, money market instruments and arbitrage positions.
A 5 lakh emergency fund needs a balance of quick withdrawals, capital safety and returns. Compare savings accounts, bank fixed deposits and liquid mutual funds, understand their risks and withdrawal timelines, and explore how to allocate emergency savings based on income stability.
Indian Railways is planning a major expansion of high-speed rail connectivity, with seven proposed corridors expected to slash journey times between some of the country's biggest cities. The proposed routes include Delhi-Varanasi, Mumbai-Pune and Chennai-Bengaluru, with travel times projected to fall to less than four hours, 48 minutes and around 73 minutes, respectively. Announced in the Union Budget 2026-27, the corridors are intended to improve passenger mobility, connect economic centres and support regional development.
Senior citizens often invest in Senior Citizens Savings Scheme and SBI fixed deposits for income. SCSS offers an 8.2% interest per annum with quarterly payouts, beneficial for regular cash flow. In contrast, SBI's senior citizen fixed deposit provides a lower rate of 7.05% with less frequent interest payouts. An investment of Rs 7 lakh in SCSS yields higher returns compared to the SBI fixed deposit.
Coal supplies to power plants grow 36 pc from September low
Daily coal supplies to the power sector have increased by around 36 percent from the September low. Stock depletion has slowed sharply, falling from 0.243 MT per day in September to 0.116 MT in October. Rail loading has strengthened, with averages exceeding 465 rakes daily in October. The Coal Ministry clarified that critical stock levels are early-warning signs, not immediate risks of shortages.
The rise of artificial intelligence is transforming how we analyze data and derive investment insights, yet human judgment plays an irreplaceable role in decision-making processes. Experts caution that merely processing data doesnt assure favorable investment results. Investors should evaluate which insights resonate with their financial goals and risk levels. Financial advisors must embrace technology while safeguarding skills in communication and accountability, particularly during market fluctuations.
Prozeal Green Energy to handover 100 MW RE project to European IPP in Rs 460-cr deal
Prozeal Green Energy has completed a framework agreement for a solar project in Gujarat. Valued at around Rs 460 crore, this 100-megawatt project awaits essential approvals before activation. Anticipated to launch by 2027, it is set to tackle the growing energy needs as Prozeal Green Energy emphasises its dedication to renewable energy innovations in the commercial industry.
First credit card at 18: How to build a good credit score and avoid debt traps
Getting your first credit card at 18 can help build a credit history, but careless spending can lead to debt. Experts explain repayment habits, credit utilisation, secured cards and ways to protect your credit score.
Nokia India Head Vibha Mehra on 6G, AI and India's Telecom Future
A teacher was approved for working till 62 years age however, she was denied gratuity payment on the ground that the retirement age was 60 so she should have exercised the gratuity option at 60 and not 62 years age.
CEA Nageswaran pitches for MSME-specific approach to NPA classification norms
V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He highlighted that existing norms do not consider diverse cash flow cycles and working capital requirements. The Chief Economic Advisor pointed out that a uniform global framework is unsuitable for Indias business practices. Additionally, he suggested reducing compliance costs for MSMEs to improve their operational efficiency.
The GST Council on Thursday approved reforms that are scheduled to take effect on 1 April 2027, aimed at reducing the compliance burden on businesses. Here's the full list of changes and what happens to those already facing prosecution.
Delhi-bound trains cancelled today: Indian Railways has cancelled several Mail and Express trains scheduled to arrive at New Delhi and Hazrat Nizamuddin stations between 4 am and 2 pm on October 10 ahead of a planned protest, citing expected traffic congestion. The disruption has also affected services including the SealdahNew Delhi Rajdhani Express and the CSMTHazrat Nizamuddin Rajdhani Express. IANS reported that around 5,000 passengers missed trains on Thursday amid protests and traffic jams in the capital.
Diageo India enters ready-to-drink alcohol market
Jewar airport to be renamed as Narendra Modi Airport
Will Railway employees get Rs 41,000 annual bonus?
30 lakh in SCSS: Quarterly interest and monthly income equivalent explained
A 30 lakh investment in the Senior Citizens Savings Scheme (SCSS) at 8.2% interest can generate 61,500 per quarter, equivalent to 20,500 per month. Check the October-December 2026 interest rate, eligibility criteria, investment limits, tax rules and withdrawal conditions.
Communications Minister Jyotiraditya Scindia responded to Elon Musk's allegations regarding Starlink's delayed launch in India. He emphasized that India does not permit monopolies in any sector and highlighted the government's clarity on satellite communication licenses. Scindia noted that all three licensed companies are at the same regulatory stage pending security clearances.
Many individuals overlook the accumulated cost of multiple small subscriptions on their finances. Tracking these recurring payments can help users make informed financial decisions. Reviewing subscription value regularly can lead to potential savings and budget adjustments. Additionally, setting balance alerts can assist users in managing their funds effectively.
Gold rates today: Gold rates increased today for 22k gold jewellery across major brands such as Tanishq and Malabar Gold.
Aditya Birla arm seeks $1.5 billion loan for Shell deal
Banking Recruitment Scam Busted: CBI Arrests Four In Pan-India Operation
The CBI Special Task Branch Mumbai executed coordinated, multi-state raids following an FIR registered on a complaint filed by the Institute of Banking Personnel Selection (IBPS).
Indian Railways cancels Delhi bound trains
The Railway Board has cancelled Mail and Express trains scheduled to arrive at New Delhi and Hazrat Nizamuddin stations between 4 am and 2 pm on October 10, citing intelligence inputs and anticipated road congestion due to opposition-called protests.
HDFC Bank, SBI, Federal, Canara Bank up 2%; what's driving banking stocks?
Analysts at Kotak Institutional Equities believe the rate hike cycle poses limited risk for banks, given healthy balance sheets, tighter underwriting standards and stronger borrower fundamentals.
Has govt changed GPF interest rate from 7.1%?
Delhi Metro stations closed: Delhi Police has asked the Delhi Metro Rail Corporation (DMRC) to consider reducing train frequency and closing entry and exit gates at 57 metro stations from 9 pm on October 9 and during October 10 amid proposed protests in the capital. The advisory cites concerns over possible crowd movement towards sensitive locations. The restrictions are proposed and will remain subject to the situation on the ground.
Losing money in strange ways: Dunning-Kruger effect
Delhi Police has directed DMRC to reduce train frequency and close gates at 57 metro stations from 9 pm on October 9 until the situation normalises on October 10, citing proposed protests and potential crowd movement near sensitive areas.
Ramesh Nair, MD and CEO of Mindspace REIT, explains how investors should approach REITs as part of a diversified portfolio. He discusses the importance of looking beyond distribution yields and assessing total returns, occupancy, growth prospects, balance-sheet strength and interest-rate risks. Nair also weighs the impact of AI on office demand and outlines the potential for Indias REIT market to expand.
Credit utilisation measures how much of your total available credit you use. Using your credit card heavily can lead to lower credit. Here's why it happens and how to avoid it.
NRI investing in India? Wrong KYC documents can delay your investment; know what you need
Navigating the KYC process for NRIs investing in India can be complex, requiring specific documents and verification steps. From ensuring document accuracy to understanding attestation requirements, several factors can impact the smooth completion of KYC. Explore the essential documentation and common pitfalls faced by NRIs in their investment journey.
Govt withdraws key bank tax benefit on gold, silver and platinum imports
The Indian government did not extend a tax benefit for banks on imports of gold and other precious metals and they have been paying a 3% integrated goods and services tax
66 lakh tax penalty over sons 1.1 crore flat: How senior citizen won ITAT relief
A senior citizen in Navi Mumbai faced a 2.20 crore tax addition after the Income Tax Department treated two documents for the same flat as separate purchases. The ITAT granted relief, highlighting why joint ownership alone does not establish who funded a property and why payment records matter.
Crude oil, uneven monsoon pose risk to banks despite benign asset quality: Report
Higher crude oil prices and drought conditions in five states may impact Indian banks' asset quality outlook. This follows a stable credit cost scenario for private and public sector banks. The report suggests monitoring external factors affecting borrowers' repayment capacity. While deposit growth has improved, there are risks to profitability and net interest margins. Investors are advised to keep an eye on these developments in the coming quarters.
Indian Railways has cancelled Mail and Express trains scheduled to arrive at New Delhi and Hazrat Nizamuddin stations between 4 am and 2 pm on October 10, citing anticipated severe traffic congestion around the stations
Planning a 2 lakh foreign holiday? These hidden costs can push your trip budget up by 2540%
Survey number explained: What land buyers in Hyderabad, Bengaluru, Mumbai & other cities must know
Karnataka food safety officials inspect 45 ice cream units, seize expired products
Karnataka's Food Safety and Drug Administration Department conducted inspections of ice cream manufacturing units across the state. A total of 45 units were inspected, and 70 food samples were collected for testing. The authorities seized expired products from various establishments, including Savara Ice Cream Cafe and M N Enterprises. Deficiencies in labeling and unhygienic conditions were also reported at several units.
A passenger travelling with his six-month-old baby praised Indian Railways after his request for diapers was reportedly addressed within 10 minutes through RailMadad. The incident, shared on X, sparked a debate online, with some users applauding the railway staff's quick response while others questioned whether arranging baby essentials was the railway's responsibility. Several users even compared the service to Blinkit.
Missed a life insurance premium payment? Here's when your policy can lapse and how to revive it
Missing a life insurance premium usually does not end cover immediately. A grace period is provided, post which the policy may lapse. Check revival process and other details.
Best large & mid cap funds to invest in October 2026
The 35% mandatory investments in mid cap stocks make them risky. However, they are less risky than pure mid cap schemes that invest around 65% in mid cap stocks. Also, the 35% investments in large cap investments offer them some stability. But they are riskier than pure large cap schemes. Then there is the question of the remaining 30% of the corpus.
Diamond Power Infrastructure among 3 stocks that closed above VWAP
Three Nifty 500 stocks, including Diamond Power Infrastructure, Sky Gold, and Anand Rathi Wealth, closed above their volume weighted average prices (VWAP) on October 8, according to StockEdge technical data. Closing above VWAP signals strong intraday buying interest as final traded prices exceeded the weighted average execution levels.
Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: Report
According to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign currency deposits could exert pressure on lending margins, impacting profitability. Loan growth remains healthy, contributing to income increases and reduced provisions for loan losses. Overall banking system growth is anticipated to moderate as FCNR-B funding normalizes.
The Indian stock market showed positive movement after oil prices cooled down significantly. Sensex climbed over 400 points reaching 72,000, while Nifty 50 surged above the 22,350 mark. This recovery followed a previous sharp decline that erased over Rs 10 lakh crore from Dalal Street. Broader markets exhibited mixed results with Nifty Midcap 100 gaining and Nifty Smallcap 100 showing losses.
Gold and silver prices today, 9 October: 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.
PFRDA chief on the next phase of NPS: more competition, assured income and wider access
PFRDA chief S. Ramann discusses the future of NPS, a proposed retirement income scheme, greater competition in annuities, NPS Swasthya, gig workers and grievance redressal.
Nestle India Share Price Live Updates: Nestle India experiences a minor uptick in price
NTPC Share Price Live Updates: NTPC Reaches New 52-Week Low
Power Grid Share Price Live Updates: Power Grid Experiences High Trading Volume
Why Airfares Are Rising: The War, Costlier Fuel and Fewer Flights | The Morning Brief Decode
Why Airfares Are Rising: The War, Costlier Fuel and Fewer Flights | The Morning Brief Decode
Bharti Airtel Share Price Live Updates: Bharti Airtel's Technical Breakout
BPCL Share Price Live Updates: BPCL's Price Movement Today
Tata Steel Share Price Live Updates: Tata Steel's Price Movement and Returns Overview
Britannia Share Price Live Updates: Today's Performance of Britannia
IndusInd Bank Share Price Live Updates: IndusInd Bank News
8th Pay Commission salary: How 3.833x vs 4x fitment factors could mean 3,006 monthly basic-pay gap
8th Pay Commission has yet to finalize fitment factor. Unions have sought 3.833x and 4x. For Level 1 employees with 18,000 basic pay, these imply revised basic salaries of 68,994 and 72,000, increases of 50,994 and 54,000, respectively, with a difference of 3,006 between the two estimates.
Paying rent for yourself and parents? Know if you can claim HRA for more than one property
HRA tax exemption is available only under the old tax regime and applies to rent paid for the residential home an employee actually occupies. Here's whether you can claim HRA for two properties.
HDFC Life Share Price Live Updates: HDFC Life Trading Metrics
IRDAI may roll out insurance commission caps from January, overhaul distribution rules
India's insurance regulator intends to implement reforms for insurance distribution starting in January 2024. The proposed changes include capping commissions paid by insurers to brokers, aiming to lower consumer fees. Insurers have until October 25 to provide feedback on the proposals before regulations are finalized. These reforms seek to widen insurance penetration especially in rural areas and new markets.
Food firms scramble for experienced safety professionals as demand soars
India's food industry is currently experiencing a significant shortage of experienced food-safety professionals. Employers have reported a 94.4% increase in job postings for these roles this quarter. Many applicants lack the required operational experience, which has created a major gap in the market. The demand for food-safety professionals is expected to rise further during the festive season. This situation is causing longer hiring timelines and higher salaries in the industry.
Succession battle breaks out at TVS as camps disagree over business division, family MoU
Deep disagreements over inheritance have emerged between Venu and Mallika Srinivasan's children, leading to potential legal action. While Venu and son Sudarshan believe a family asset division occurred, Mallika and daughter Lakshmi disagree. The conflict centers around a memorandum of understanding related to asset management versus ownership. Significant differences in the market value of their respective companies have intensified the dispute.
CBI arrests four in pan-India banking recruitment impersonation racket
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JM Financial tops investment banking league table in H1 FY27 with Rs 75,775 crore
Domestic investment banks experienced significant success in achieving equity fundraising in HY27. JM Financial, ICICI Securities, and SBI Capital Markets led the transactions during this period. A total of 116 IPOs and QIPs were conducted, a notable increase from the prior year. The equity amount raised rose by 40%, reaching nearly Rs 1.7 lakh crore. This surge in activity reflects a healthy trend in the domestic investment banking sector.
GQG Partners trims stake in ITC to Rs 9,395 crore amidst broader market sell-off in 2026
GQG Partners has recently executed a block deal, offloading ITC shares worth approximately 9,395 crore. The firm has also downplayed its presence in several Adani Group enterprises this year, while simultaneously ramping up investments in JSW Energy and JSW Steel during the June quarter. In total, GQG has scaled back investments worth around 24,400 crore across various Indian firms since early 2026, continuing to oversee assets exceeding $156 billion.
SEBI has introduced a new mutual fund-like Credit Risk-o-Meter to help investors understand the credit risk of corporate bonds and other debt instruments. The meter classifies them into six credit-risk levels, ranging from the lowest to very high risk of default. Heres what investors should know.
Thermax scouts for a partner to charge up its green energy unit
Thermax has set its sights on attracting external investors to its renewable energy subsidiary, First Energy. By contemplating a major stake sale, the company aims to overcome operational challenges and elevate its performance levels. First Energy, with its 800 MW capacity, is looking to enhance service delivery, reflecting a growing inclination in the renewable energy domain for partnerships that facilitate expansion and development.
FSSAI pulls up Dr Reddy's, Nestle Health Science over Celevida claims
The Food Safety and Standards Authority of India (FSSAI) said the product was advertised as providing high-protein support for preserving lean muscle during GLP-1/GIP therapies, commonly used in weight-loss treatment.
Surging bond yields likely to slash banks' treasury income
Banks are expected to report a nearly 60% decline in treasury income for the July-September quarter. Analysts predict treasury gains to decrease from 13,100 crore last year to 5,500 crore this year. Rising government bond yields have negatively impacted investment portfolios, leading to lower gains. Public sector banks will feel a more pronounced effect due to their larger government securities portfolios.
Elon Musk is pushing for Starlink's approval in India while alleging that oligarchs are blocking its entry. He emphasizes that Starlink has complied with all regulations for five years without receiving a license. The government has stated that all involved parties are at the same regulatory stage awaiting security approvals. The ministry insists that compliance with security conditions is mandatory before moving forward.
Google, Amazon, Meta, Apple fuel India's renewable energy boom as data centre demand surges
Major technology companies like Google, Amazon, Meta, and Apple are increasingly purchasing renewable energy in India. Their expanding data centers are significantly driving the demand for clean electricity. Research predicts that renewable capacity for data centers could grow to 32.4 GW by 2030. These companies are pursuing long-term power purchase agreements to secure renewable energy directly from developers.
I-T dept moves appellate tribunal against Rs 32.66-cr tax relief to Dr Lal PathLabs
Dr Lal PathLabs, in a regulatory filing, said that it received an intimation on Wednesday regarding an appeal filed by the I-T Department before the Income Tax Appellate Tribunal (ITAT), New Delhi.
SC backs disposal of Goa iron ore dumps without fresh auction
The Supreme Court has made a significant ruling in favor of the Goa government's approach to managing iron ore dumps. This decision allows former mining leaseholders to clear their inventory mine dumps without conducting a public auction. The court stressed the critical need for environmental protection in this context, cautioning against dire outcomes.
Festive rush: Airlines hike fuel surcharge as ATF prices soar
Airlines like Air India and Akasa Air have announced increased fuel surcharges for both domestic and international flights. The rise in aviation turbine fuel prices has significantly impacted operational costs for carriers. Domestic surcharges will be effective on new bookings from October 9, as the festive season approaches. International surcharges vary depending on destination, reflecting additional costs incurred by airlines.
Airlines suspend, cut Riyadh flights amid security concerns
Airlines such as Air India Express and IndiGo are cancelling flights to and from Riyadh due to security issues. Several airlines have cited evolving conditions affecting civilian air travel in the region. Passengers affected by these cancellations are being offered options for refunds or rescheduling. India's Ministry of External Affairs condemned attacks on airports, affirming the unacceptable targeting of civilian infrastructure.
Form panel to curb pharma freebies: SC
Experiments on animals set to become easier
The Centre plans to significantly change the regulations governing animal experimentation. The proposed rules aim to allow institutional ethics panels to approve most experiments. Currently, only small animal experiments can be approved at the institutional level while larger ones require central oversight.
Several diversified equity funds have delivered negative returns so far in 2026, but the picture changes sharply over longer periods. Heres a look at funds in the red on a YTD, three-year and five-year basis, and what investors should consider.
India, Singapore eye 2,000 MW power corridor
India and Singapore are considering plans for a 2,000 MW cross-border power interconnection that could enhance energy security. The proposed land-based transmission corridor would connect Imphal in India to Singapore via Myanmar, Thailand, and Malaysia.
RBI rules may entitle customers to compensation when banks miss deadlines for services such as resolving failed digital transactions, closing credit cards, returning property documents or correcting credit reports. Compensation varies by case, from 100 per day to 5,000 per day.
Sugar stock checks to intensify after GST discrepancies
Beginning October 9, the government will implement a rigorous verification process of sugar stocks due to discrepancies discovered in both sales and GST data from sugar mills. With festival season approaching, the demand for sugar is increasing, putting pressure on mills to meet their sales quotas. Any mills failing to comply with these requirements may face legal actions for record discrepancies.
The complainant bought a Kia Sonet HTX Diesel in March 2022 for around 13.69 lakh, including on-road costs. He later purchased an extended warranty that remained valid until March 2027.
Personal loans are growing much faster than home loans, but home finance remains the much larger credit category. Consumer durable and two-wheeler loans are also expanding. Heres what the latest credit trends reveal about how Indians are borrowing and what consumers should watch.
Prime Minister Narendra Modis call for a global framework to tackle cyber fraud and deepfakes, alongside his push for India-made products and innovation, has drawn support from telecom industry leaders. At India Mobile Congress 2026, executives said the sectors next phase must focus on secure connectivity, AI, trust and global technology leadership.
CBI Arrests 4 In Banking Exam Impersonation Scam
The Central Bureau of Investigation (CBI) has dismantled a multi-state impersonation and cheating network involved in banking recruitment. Four individuals, including a CGST inspector, were arrested for allegedly infiltrating banking exams and interviews by posing as candidates, thereby compromising the integrity of public examinations.
