25 C 
Purchasing items with no-cost EMI can seem appealing, but it may hide costs such as processing fees and interest charges. A comparison of total costs is crucial.
The EPF allows full or partial withdrawals under certain conditions. Members can claim for emergencies, education, housing, and more. In case your claim is being rejected, check what key information or mistakes you may have to rectify
Amid rapid technological advancements, college students are embracing online learning platforms like Coursera and Simplilearn to equip themselves with vital AI skills. The urgency for upskilling programs has skyrocketed due to changing industry needs. Educational institutions are proactively collaborating with edtech companies to improve graduates' employability. Yet, students often grapple with learning AI informally, facing hurdles in skill acquisition, leading them to seek organized educational pathways for future career readiness.
Adani to begin Mumbai Airport Terminal 1 demolition in January; 5 million passengers to be affected
Adani Group is set to start the redevelopment of Mumbai airport's Terminal 1 in January, affecting significant passenger traffic. The north section of Terminal 1B will be temporarily closed to address safety concerns and increase capacity. Operations can be shifted to Navi Mumbai International Airport, which offers discounts for new international flights. Redevelopment aims to raise capacity from 15 million to 20 million passengers annually.
Nestle India's low-fat dairy whitener fails food safety test
FSSAI recently deemed Nestle India's low-fat dairy whitener unsafe, stating it didn't adhere to the Food Safety and Standards Act of 2006, based on lab findings. Nestle, however, maintains that its product fully complies with safety regulations, asserting the phosphorus content is naturally derived from milk and is within the permissible limits outlined by the law.
Russian crude to remain part of energy mix: Jaishankar to Panel
As traditional oil suppliers face challenges, India's significant reliance on Russia for crude oil came into focus. External Affairs Minister S. Jaishankar highlighted the critical nature of sustaining robust relations with Moscow, amid growing external pressures. During their discussions, delegates examined strategies for diplomatic conflict resolution regarding Ukraine while also addressing concerns over impending US tariffs on Russian imports, demonstrating India's commitment to both energy security and international diplomacy.
CEA Nageswaran urged Indians to prioritise long-term savings over short-term trading, highlighting the importance of pension assets for financial security. He noted pension assets are only 17% of GDP, significantly lower than OECD peers, indicating room for growth.
EPS: What to do if employer fails to make pension contribution
EPFO says eligible employees can approach employer first, then file grievance online
Adani Airports to revamp Mumbai T1 North section from Jan; 9% traffic to shift
Adani Airports will commence a phased redevelopment of Mumbai airport's Terminal 1 starting in January 2027. The initial phase will impact around 5 million passengers each year due to safety concerns. Airlines can temporarily shift operations to the newly opened Navi Mumbai International Airport to minimize disruptions. The redevelopment aims to increase Terminal 1's capacity by 33% once completed.
The corporate insurance trap: Relying solely on your companys health cover is a bad idea; heres why
Relying solely on corporate health insurance can expose families to risks, especially during job transitions or retirement. Check why.
Vedanta Power sales jump 26% to 5,593 million units in Q2
Vedanta Power Ltd experienced a significant 26% rise in power sales during the second quarter of this fiscal year. The company's Meenakshi Energy plant saw a remarkable 111% year-on-year increase in power sales. Additionally, the Jharsuguda Thermal Plant achieved a 186% rise in power sales, reflecting better availability and performance.
The Centre will soon implement Merchant Discount Rate (MDR) fees on specific UPI transactions. Today we answer what the UPI MDR charge means, the start date, slabs, and why this is being introduced now
Dorothy wants to tell a bold trans cultural tale, but a lack of nuance keeps getting in the way
The conservative backlash against progressive films can stifle constructive artistic discourse. Tamil movie Dorothy specifically draws attention to its depiction of transgender identities and the narrative direction taken. Although it has its flaws, the film delivers impactful performances and evocative music that resonate with audiences. Dorothy serves as a catalyst for vital discussions around representation and inclusivity in Indian cinema, pushing boundaries and underscoring the positive changes that have emerged.
The Mumbai-Ahmedabad bullet train project has completed a 480-metre-long, 36-metre-high bridge over the Sabarmati River, the National High Speed Rail Corporation said Saturday. The bridge, supported by eight piers and featuring spans of up to 76 metres, uses the balanced cantilever method to cross the river without conventional scaffolding.
GAILs Sanjay Kumar named next Petronet LNG CEO
Sanjay Kumar has been appointed as the next Managing Director and CEO of Petronet LNG Ltd. His term will commence on May 13, 2027, after A K Singh's tenure ends. Petronet LNG plays a critical role in India's liquefied natural gas imports and energy infrastructure. The company aims to enhance its regasification capacity and expand operations significantly.
DA hike news: Sikkim has announced increased dearness allowance and dearness relief for state government employees and pensioners, respectively, with effect from 1 January 2026. Here's how much those under pre-revised and revised basic pay structures will get
Working remotely from hill stations in India may be cheaper than renting in cities. Various listings show monthly rates in Himachal, Uttarakhand, Sikkim and West Bengal.
Average home prices in Delhi-NCR rise maximum at 12 pc annually in Jul-Sep: Anarock
Housing prices in the Delhi-NCR region experienced an annual increase of 12 percent during the July-September quarter. This rise is attributed to increased input costs and a focus on luxury projects by builders. Average residential prices increased to Rs 9,980 per sq ft from Rs 8,900 per sq ft last year. Demand for housing remains steady, supported by evolving infrastructure and employment opportunities.
Robotic surgery gains rapid ground in India, Delhi NCR leads: Experts
India is rapidly scaling up robotic surgery, with procedures rising from 8,912 in 2021 to 44,857 in 2025, while Delhi NCR has emerged as the countrys biggest hub with 39 hospitals using robotic systems. Experts say the next phase could include wider use of telesurgery, remote mentoring and access to specialist care beyond major cities, subject to regulatory and cybersecurity safeguards.
Nestle India's 'low-fat dairy whitener' found ' unsafe, substandard' at Hotel Lalit: FSSAI
The FSSAI has flagged a low-fat dairy whitener from Nestle India as unsafe and substandard, following a sampling conducted at Hotel Lalit in Connaught Place, New Delhi. The report revealed breaches of the Food Safety and Standards Act. As a result, Bharat Hotels Ltd was issued a notice to halt sales of the offending product. They were also granted a chance to appeal the findings within a stipulated period.
India's digital financial ecosystem has seen rapid payment growth, but investment in mutual funds and equities remains low. An EY report reveals a gap in participation despite over 550 million UPI users. Details here.
Front-of-pack warnings can help consumers make healthier food choices: Experts
FSSAIs proposed front-of-pack warning labels for packaged foods high in added sugar, fat or salt could make nutritional risks easier for consumers to spot and compare, health experts said. They also stressed that labels alone will not be enough and should be backed by nutrition education, clearer communication and wider access to affordable healthy foods.
RBI rate hike unlikely to trigger broad-based NBFC asset quality stress: Report
A report from Nuvama Institutional Equities indicates that a potential RBI rate hike may not significantly stress NBFC asset quality. Past trends suggest that rate increases alone typically do not lead to widespread deterioration. Current impacts from the West Asia conflict have been limited to specific segments and are not broadly felt. Additionally, healthy capital buffers and systemic liquidity are expected to mitigate potential risks.
Debt funds whose returns are more than a conventional fixed deposit instrument.
Navigating the future of connectivity and security: A guide to the Suraksha Pillar at IMC 2026
The India Mobile Congress 2026, taking place from October 7 to 10, emphasizes the Suraksha venue, dedicated to advancing digital infrastructure, next-gen connectivity, and robust cybersecurity. Attendees will benefit from various sessions including panels on spectrum management and satellite communications, culminating in an insightful summit on cybersecurity led by prominent industry leaders.
PPF, SCSS, NSC, MIS & other small savings scheme interest rates for October- December 2026
Central government employees await the Eighth Pay Commission's report, anticipated by 2027. Delays could lead to losses in arrears and allowances. Details here.
Tenant can't claim protection from eviction without first proving signing of an unregistered rent agreement with the property owner's brother, rules Madras HC. In this case the property owner's brother allegedly signed the rent agreement but this aspect could not be proved by the tenant.
Tenant can't claim protection from eviction without first proving signing of an unregistered rent agreement with the property owner's brother, rules Madras HC. In this case the property owner's brother allegedly signed the rent agreement but this aspect could not be proved by the tenant.
RBI grants Core Investment Company registration to Indiabulls
The Reserve Bank of India (RBI) has granted Indiabulls Limited a Certificate of Registration as a Core Investment Company (CIC), bringing the company under the central bank
Nayara Energy raises petrol price by Rs 5, diesel by Rs 3
Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refined-product prices squeeze margins. The move could widen the price gap with state-run retailers, which have largely kept pump prices unchanged despite rising international costs.
Sanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Economic Conclave. He emphasized that banking and financial stress can develop suddenly yet take years to resolve. Malhotra pointed out the interplay of geopolitical and economic factors complicating current financial stability predictions. He stressed the Reserve Bank of India's role in maintaining financial resilience through appropriate regulations and supervision.
Sells ancestral land for 8cr, pays no tax, wins case
Quant Mutual Fund says investors should stay agile in portfolio allocation amid market shifts
The fund house noted that the geopolitical crisis in the Middle East had entered its eighth month and resulted in severe disruptions to global commodity supplies, with Brent crude rising above $100 a barrel.
These 9 equity mutual funds lose over 8% in September. Are any of these part of your portfolio?
Mutual fund investors lost upto 10% in September with the benchmark index - Nifty 50 down 5.56% in the same period.
Systematic investment plans (SIPs) across major equity fund categories have delivered returns over the past two years even as most benchmark indices struggled during the period. Here are the top three performers and three laggards, as reported by ETBureau.
Rs 1.42 lakh outstanding maintenance dues: Housing society calls resident a defaulter, Maharashtra State Co-Operative Appellate Court protects him from being labelled defaulter; Know why
Gold and silver prices remained stable on October 3 in India, with slight fluctuations in both 24 and 22-karat gold rates. The MCX was closed, and gold traded above 1.49 lakh, with silver prices reaching 226,590/kg according to the IBA.
Homebuyers of Supertech projects worried over constant delay to approach Supreme Court
Homebuyers of 16 stalled housing projects by Supertech are planning to approach the Supreme Court again. They are frustrated with the lack of progress since NBCC took over construction nearly two years ago. According to buyers, the delay has severely affected their living situations, as many flats remain undelivered. NBCC has proposed a timeline for construction to begin by January 2027, citing various regulatory challenges.
Gold rate tpday: Today, gold prices have shifted downwards among various prominent jewellers, with Tanishq holding steady at its previous rate. As of October 3, 2026, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers listed their 22k gold price at Rs 13,675 per gram, while Tanishq's price remains unchanged at Rs 13,820 per gram. This update is vital for potential buyers considering gold investments.
BMC entertainment tax proposal likely to marginally increase ticket prices by Rs 5-10
Mumbai movie tickets could become Rs 5-10 more expensive if the BMC raises its per-show entertainment tax from Rs 60 to Rs 400. Exhibitors and producers say the fixed levy would reduce box-office revenue available for sharing, with the impact becoming sharper for poorly attended shows and potentially adding pressure to an industry still recovering from weak footfalls.
Think debt mutual fund gains are always taxed as short-term? Not if you bought them before this date
Debt mutual funds invest in fixed-income securities, appealing to conservative savers. Profits from funds purchased after April 1, 2023, are always taxed as short-term capital gains. But the rules change if you bought the units before that date. Check details.
Bank holiday today, October 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
Banks in India are open today, October 13, 2026, as it is the first Saturday. Scheduled closures occur on certain Saturdays and Sundays, limiting in-branch access.
Senior citizens FD rates up to 8.5%: Check list
Explained: Want to know how long your investment will take to double? Use Rule of 72
The Rule of 72 is a tool that assists investors in estimating investment growth duration. By dividing the rate of return into 72, one can predict how long doubling their investment will take. It is particularly beneficial for understanding compound interest and the impact of inflation. Additionally, the method can determine the required rate of return to double an investment in a specified timeframe.
DA hike 2027: Dearness Allowance may rise to 67% from January | How much more could employees get?
The January 2027 Dearness Allowance (DA) rate is pending confirmation, influenced by upcoming CPI-IW readings.
The IRDAI is scrutinising high commissions earned from mandatory motor insurance policies sold through dealers. Here's what the regulator's proposed fix means for dealers and buyers.
Plug the leak: How to avoid savings account charges, hidden banking fees
Your account should provide liquidity and convenience without charging you for the privilege
Saturday bank holiday: Are banks open or closed today on October 3, 2026?
On October 3, 2026, all banks are operational across the nation despite a recent holiday. Customers can engage in banking activities online and via UPI services. October features various bank holidays, including Mahatma Gandhi Jayanti and Dussehra, each affecting scheduled and non-scheduled banks. Banking services remain widely available to customers during these festive days.
SBI-led lenders say Vijay Mallya owes Rs 8,752 crore more
A group of lenders, spearheaded by the State Bank of India, has revealed that Vijay Mallya still owes an astonishing Rs 8,752 crore. This figure remains despite having recovered over Rs 10,270 crore, including recent payments. Mallya's claims of settling his debts with banks are in question. Court proceedings continue regarding the recovery of dues and criminal charges, with the Enforcement Directorate asserting that even recovered funds don't dismiss ongoing criminal cases.
September 2026 was a challenging month for equity mutual funds, with all four major categories seeing declines. But a look beyond the monthly numbers reveals a different picture, with notable differences in how large-, mid-, small-, and flexi-cap categories have performed over longer periods.
Larsen & Toubro is in talks with Japans Itochu Corporation for equity participation in its wholly owned clean energy arm, alongside a green ammonia offtake partnership. L&T is developing a 300,000-tonne-a-year project at Kandla, Gujarat, which it sees as a strategic export hub for green hydrogen derivatives.
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity Realty
Kotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to a claimed default of 68.49 crore, which dates back to September 2023. Unity Realty is a corporate guarantor for financial facilities availed by Unity Infraprojects, which faced financial difficulties leading to the current situation.
Singhania familys JKC Sports plans 150 crore sports infrastructure expansion
JKC Sports intends to invest 100 to 150 crore in sports infrastructure and technology over four years. The venture has already invested a similar amount in its initial phase over the last four years. It owns various sports franchises and is involved in developing new sporting IP. JKC Sports evaluates opportunities in multiple disciplines including cricket, bridge, and wrestling.
Hitting the Bengali sweet spot: How to have their mishti and eat it too is the dulcet dilemma
The piece explores Bengalis deep cultural relationship with mishti (sweets) through a personal anecdote about a cook whose blood sugar reached 575 after regularly eating sweets at home.
Indias retail gold rush is moving to smaller cities as metros run out of room
India's retail landscape is shifting towards tier-2 cities, which have added significantly more Grade A shopping spaces since 2020. High rents and intense competition in tier-1 cities have made expansion increasingly difficult for retailers. The organised retail base in tier-2 cities remains smaller, providing more opportunities for new stores. Consumer behavior is evolving, with a growing number of international brands establishing shops in these markets.
G7 nations agree to release 100 million barrels of oil, including diesel, a boost for Trump
G7 nations have agreed to release 100 million barrels of oil over four months to ease soaring fuel prices, with a substantial amount of diesel to be released within the first 20 days. The International Energy Agency will coordinate the releases.
Hindalco drops plan to buy US' AluChem over extended delays
Hindalco Industries has scrapped its $125 million acquisition of US-based speciality alumina maker AluChem Companies after prolonged delays in closing the deal.
Switching to an electric vehicle: What you need to know about ev insurance
EVs rely on expensive components such as high-voltage battery packs, electric motors and sophisticated electronic systems. Repairs involving these components may require trained technicians, specialised tools and dedicated facilities, potentially increasing the cost of a claim
Bagchi's big test at HDFC is winning back trust
All Saturdays declared bank holidays? PIB Fact Check debunks fake notification
The clarification comes shortly after bank unions deferred a three-day nationwide strike that was scheduled to take place from September 28 to 30
A new RBI rule from 1 October changes how service exporters receiving overseas payments must report their earnings. Freelancers, creators and other professionals may need to take an additional compliance step through their bank. Heres what you need to know.
Fuel inflation can affect household budgets differently, depending on the fuel used for cooking and commuting. The latest Finance Ministry report shows how inflation in LPG, PNG, petrol, diesel, and CNG has changed over the last few months. Heres what the numbers mean for your expenses.
Deepinder Goyal teases six colours for Temple, pre-orders may open next week
Deepinder Goyal has announced six color options for Temple, his upcoming health wearable device. Pre-orders for Temple are expected to start soon for users on the waitlist. The wearable focuses on tracking brain health metrics and is designed to be compact and powerful. Goyal is collaborating with a team of researchers to validate Temple's BrainFlow technology for continuous brain blood flow measurement.
A chapter outlines step-by-step procedures to compute total tax liabilities using the new tax regime, deliberately omitting references to the old tax regime.
Swiggy 'cost for two' misleading? What Delhi consumer court's 1 lakh order means for diners
A Delhi consumer court directed Swiggy and a restaurant to pay 1 lakh as compensation over unfair trade practices. The order was passed by a three-member bench as per LiveLaw.
Gold, silver, equity and debt ETFs do not face the same tax treatment when you sell. The holding period, type of ETF and size of gains can affect how much tax you pay. Heres a look at the key rules and how the tax maths works for each category.
International mutual funds are again seeing investment restrictions change within days. While lump-sum investment options remain limited, some funds continue to accept SIPs, subject to specific conditions. Heres what has changed and why these funds keep opening and closing.
Shipping Corporation of India expects Rs 2,000 crore profit this fiscal: Sarbananda Sonowal
Shipping Corporation of India expects profit after tax to exceed Rs 2,000 crore in FY27, Union Minister Sarbananda Sonowal said Friday. The Navratna PSU plans to expand its 58-vessel fleet by procuring more than 34 vessels through petroleum-sector joint ventures and adding 51 container vessels with CONCOR and four major ports.
The case highlights the importance of establishing ownership and the source of cash or foreign currency found during an income tax search through credible, corroborated evidence.
India's housing construction pipeline nearly doubles to $430 billion in 2025: Report
Indias housing construction pipeline nearly doubled to $430 billion in 2025 from $235 billion in 2019, reflecting strong post-pandemic demand, according to a CREDAI-Anarock report. Residential projects accounted for 85% of total real estate under construction, while the broader pipeline across residential and commercial segments reached $503 billion in 2025.
Nifty 50 Equal Weight Index Funds give investors balanced exposure across large-cap stocks. But with all funds in the red over the past year, should you invest or not? A simple indicator may help investors assess which strategy could suit the current phase.
ASCI issues AI labelling guidelines for ads, rules to take effect in three months
ASCIs new AI advertising guidelines require disclosure of synthetically generated content (SGC) when hiding its AI origin could materially affect how consumers understand or act on an advertisement. The rules take effect three months after publication.
Apple says iPhone Duo's foldable display layer can be replaced
Apple has introduced a replaceable nano-texture cover layer for the inner display of its upcoming iPhone Duo. Users will be able to refresh the layer if it wears down or becomes noticeable over time. The replacement cost for customers with AppleCare+ will be $19, though prices for others remain undisclosed. Pre-orders will open on October 16, with the device available in stores from October 23.
Bank of Baroda enters pension fund business as PFRDA targets 4 crore new NPS subscribers
Bank of Baroda enters the pension fund business as PFRDA targets up to 4 crore new NPS subscribers in the next two to three years.
The biggest mutual funds by AUM do not necessarily deliver similar performance against their benchmarks. A comparison of their 1-, 3-, and 5-year CAGR shows how different schemes have fared across these periods. Heres what the numbers reveal for investors.
The Income-tax Appellate Tribunal rejects the tax department's attempt to withhold statutory interest.
Starlink, OneWeb and Jio: Where Indias satellite internet race stands
Indias satellite internet sector is on the cusp of commercial launches as key players seek the last stages of approval. Companies like Starlink, OneWeb, and Reliance Jio have secured GMPCS licenses but still await spectrum allocations and regulatory nods. OneWeb is set to launch immediately after receiving the missing spectrum, while Jio envisions a robust satellite network for the future.
India, at the centre stage of global energy
India has expanded and diversified its energy system as its economy grows, with the country focusing on improving access, increasing renewable capacity and strengthening energy security.
Mumbai airport plans 2,000 cr revamp
Reliance plans Rs 1 lakh crore investment in Andhra Pradesh, says Anant Ambani
Reliance Industries announced a substantial investment of Rs 1 lakh crore in Andhra Pradesh for biogas plants. This initiative aims to create over three lakh jobs and generate revenue of nearly Rs 60,000 crore. The company will also support the establishment of the Rayalaseema Horticulture Hub and Indian School of Agriculture. Advanced technologies will be integrated with traditional farming knowledge to enhance agricultural practices.
Meet Sudhakar Malli, RBI's new Executive Director and banking supervision veteran
Malli is a career central banker with around three decades of experience, including more than two and a half decades in the supervision of banks, non-banking financial companies and co-operative banks.
Branch boy to CEO: Who is ICICI Lifes Mishra?
NPS Retirement Income Scheme: How payouts work, what happens to annuity and where corpus is invested
The Retirement Income Scheme allows NPS subscribers to receive regular payouts from the designated portion of their corpus. Check how the payouts will work, what happens to the mandatory annuity portion, and how the corpus will be invested.
Raymond Lifestyle appoints Publicis Groupe as integrated marketing partner
The mandate covers Raymond Lifestyles portfolio, including The Raymond Masterbrands fine fabrics, ready-to-wear, made-to-measure and custom tailoring offerings, as well as ColorPlus, Park Avenue, Parx and Ethnix by Raymond.
ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO as Anup Bagchi joins HDFC Bank
ICICI Life Insurance Company on Friday appointed Sidharatha Mishra as managing director and CEO, effective October 14. The appointment comes after current CEO Anup Bagchi resigned from the company, with his resignation taking effect on October 13. Mishra will succeed Bagchi as head of the life insurance company.
West Bengal finance minister says Urban Land Act has to go
Swapan Dasgupta highlighted the need to repeal the Urban Land Ceiling Act for development in West Bengal. Developers expressed challenges in acquiring large land parcels due to existing regulations. The local real estate market is expected to thrive with government reforms and improved infrastructure. Kolkata's economic position can facilitate greater investment opportunities and development networks. Overall, sustained demand and rising land prices indicate a promising future for the sector.
Indians remain largest source of tourists to Nepal in September
Nepal recorded 88,248 international tourist arrivals in September, with Indians accounting for the largest share at 17,425, up 12% year-on-year. Arrivals in the first nine months of 2026 rose 6% to 865,920. Nepal and northeast India also agreed to develop a Buddhist and cultural tourism circuit linking Lumbini with eight northeastern states.
Govt proposes tougher penalties for petroleum offences, decriminalises licence breaches
The Indian government has proposed amendments to the Petroleum Act, aimed at decriminalizing regulatory breaches. Violations of petroleum licence terms may incur civil penalties instead of criminal charges, promoting a more administrative approach. However, serious offences related to public safety will still face criminal prosecution under existing laws. The draft amendments outline significant penalties for various violations, including severe fines and imprisonment.
FPIs turn net sellers, pull out Rs 35,860 cr in Sep
In September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising US interest rates. This selling trend persisted into October with an outflow of Rs 9,232 crore. This selling follows significant investments of Rs 49,830 crore made in July and August.
