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Accenture leases, renews 5.84 lakh sq ft across Mindspace REITs Airoli parks
Accenture has secured over 5.84 lakh square feet of office space in Navi Mumbai. This includes fresh leasing, expansion, and renewal of existing spaces spanning ten years. The new offices are expected to house around 10,000 employees engaged in various functions. Mindspace Airoli is becoming a preferred location for multinational companies due to its connectivity and lower costs.
A woman who declared 4.81 lakh income invested 50 lakh in an LIC policy, claiming the money came from her late husbands HUF. ITAT rejected her explanation for lack of evidence and upheld the 50 lakh addition as unexplained investment.
From Venezuela to Texas to Jamnagar: Marco Rubios dash for energy
US Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with External Affairs Minister S. Jaishankar and plans for a refinery in Texas. The focus on Venezuelan oil aims at expanding reliance on alternative sources amidst geopolitical tensions. Washington is keen on tapping into Indian refining capacities for its energy strategies.
The minister highlighted the rapid expansion of domestic air travel, noting that India touched a milestone in May with over 1.5 crore domestic passengers in a single month
CBDT has notified Form 173A for eligible foreign institutional investors and the Bank for International Settlements claiming tax exemption on government securities. The form requires disclosures on holdings, interest income and capital gains.
Indian equities fell 6.81% in 2026 so far through September, while US stocks gained 12.75% and gold rose 11.56%, according to Edelweiss Mutual Fund research. Short-term bonds returned 3.57%, while silver and Chinese equities posted losses.
One family brand, two heirs: how can you avoid trademark disputes?
A family trademark is not a separate legal category under Indias trade mark law. For business owners planning succession, the key is to clarify ownership and usage rights before disputes arise.
An emergency fund should cover six, nine or 12 months of essential expenses, depending on job security, family responsibilities and income stability. Home loan EMIs, insurance premiums and school fees should be factored into the savings target.
IndusInd General Insurance appoints Sharad Mathur as MD & CEO
IndusInd General Insurance has appointed Sharad Mathur as its new Managing Director and CEO. Mathur brings three decades of experience in the insurance and financial services industry to the company. He previously led Universal Sompo General Insurance for over six years, focusing on transformation and distribution growth. At IndusInd, he will concentrate on customer centricity and digital innovation for future growth.
Air India Express flight from Bhogapuram to Bengaluru reports bird strike, lands safely
An Air India Express flight from Bhogapuram to Bengaluru reported a bird strike during its journey. The flight, which was carrying 148 passengers, landed safely at Kempegowda International Airport. Officials confirmed that no injuries were reported among any passengers or crew members. Following the incident, technical teams inspected the aircraft as part of standard safety procedures.
Schaeffler India CEO & MD taken into custody over June factory accident
Harsha Gopal Kadam, CEO of Schaeffler India, was taken into custody on October 19 for investigation. This relates to a factory accident that occurred on June 9, resulting in two worker deaths. The deaths happened due to a sudden discharge of carbon dioxide during a cylinder replacement. Schaeffler India stated that it has cooperated with authorities throughout the investigation process.
ET Exclusive: Jio wants satellite broadband that connects 'every Indian home,' says Akash Ambani
Jio Platforms is preparing for its IPO while focusing on debt reduction and bolstering the balance sheet. The company plans to enhance customer engagement and revenue through digital service expansion and 5G monetization strategies. Jio is also exploring satellite connectivity opportunities to ensure broad access to digital services in India and beyond. Investment in technology and operational efficiencies remains a priority for sustainable growth.
A 1.5 crore payout after a decades-long land dispute was held taxable as capital gains, not income from other sources, by Ahmedabad ITAT. The ruling clarifies the tax treatment of assigned property rights, but does not make the receipt tax-free.
India made great progress in diversifying oil: Rubio
Form 141 replaces four TDS forms for property purchases, rent, contractor payments and crypto transfers from 1 April 2026. Heres what property buyers, tenants and other taxpayers need to know about the new filing process and key compliance changes.
Prestige Estates to launch Rs 40k cr worth homes for sale in H2 of FY27, up 2.5 times from Apr-Sep
Prestige Estates Projects Ltd plans to introduce new residential developments valued at Rs 40,000 crore in the latter half of this fiscal year. The company experienced a remarkable 76 percent rise in sales bookings last year, totaling Rs 30,024 crore. For the current fiscal year, it aims for sales bookings between Rs 35,000 and Rs 36,000 crore.
8th Pay Commission gross salary hike: How Level 3 employees may get Rs 69,000 gross pay in 8th CPC
8th Pay Commission salary calculator: Scheduled for October 22 and 23 in Mumbai, the 8th Pay Commission meetings will address key topics such as salaries, pensions, and allowances. The proposed basic pay rise is likely to have a substantial effect on gross salary calculations across employee levels. Estimates for pay increases particularly for Levels 3 to 6 have been compiled, indicating a significant shift in the pay framework for central government staff in the future.
Delhi airport's passenger traffic rises to 38.5 million in first half of FY27
At Delhi airport, average monthly traffic was about 6.5 million, with the highest-ever H1 passenger total in the first six months of this fiscal year
Lloyds, HSBC And Revolut Down? Thousands Report Online Banking Login Issues
Users on 'X' reported facing signficant issues regarding logging in and accessing their accounts across online banking and application services.
Rubio says US to discuss Venezuelan oil production with Ambani's Reliance Industries
US Secretary of State Marco Rubio is currently in Mumbai to discuss cooperation with India in various sectors. Topics will include trade, energy, investment, defense, and technology amid ongoing Middle East tensions. This visit follows previous strains in US-India relations due to tariff and immigration issues. Both nations are optimistic about progress on a potential bilateral trade deal.
Will central government employees get a DA hike after Dussehra? The Centre's 21 October Cabinet meeting has raised hopes of a 3% increase, taking dearness allowance from 60% to 63%. Here is what employees and pensioners need to know.
Revolut Confirms Multi-Service Disruption As UK Banking Outage Locks Out Thousands
The UK-based digital banking company confirmed the disruption but assured customers that their money and personal data remained safe.
Indias online retail market to cross $90 billion in 2026, grocery to overtake mobiles: Redseer
India's online retail landscape is on a fast track, expected to hit USD 90 billion by 2026. The surge in demand is primarily for grocery, beauty, and home essentials, reflecting changing consumer priorities. While mobile sales are projected to decrease from 19% to 16% of the market, electronic sales seem to be recovering early in 2026 due to various positive factors and tax decreases.
Stellantis India targets to halve vehicle development time, boost localisation
Stellantis India plans to halve vehicle development time to approximately two years as part of its strategy. The company aims to increase localisation levels, achieving over 90 percent for Citroen and 70-75 percent for Jeep. An investment of Rs 4,000 crore will support the launch of 12 new models over the next three years. Jeep will introduce four new models across various segments, while Citroen will launch three new vehicles.
I have LTCG tax liability of Rs 16 lakh from land sale; should I pay income tax or reinvest to save?
ET Wealth Reader's Query: I am 57. I recently sold a piece of land near Jewar airport, resulting in a long-term capital gains (LTCG) tax liability of around Rs 16 lakh. I am considering two options: reinvesting the proceeds in another property of a similar value to claim the available tax exemption, or paying the LTCG tax and investing the remaining amount in mid-cap mutual funds to grow the corpus further. Since I already have an adequate retirement corpus, would it make more sense to pay the tax and opt for the second alternative?
LIC Certificate of Existence: Find out what this life certificate is, why it matters for annuity payments, how eligible LIC annuitants can submit it in five steps, what details it contains and how to check the next due date.
Amid drought situation in Maharashtra, Chief Minister Devendra Fadnavis announced that the state government will provide advance financial assistance of 5,000 directly to affected farmers by Diwali.
Higher fuel costs have increased airlines' operational expenses and are eventually being passed on to consumers.
Indias auto loans are growing as vehicle prices rise and consumers seek higher-value models. From H1FY19 to H1FY26, average car loans increased 49% to 8.2 lakh, as younger buyers enter the wider mobility credit market.
Highest 1-year FD rate: Maturity on Rs 1L deposit
After the RBI raised repo rate by 25 bps to 5.50%, several banks hiked lending benchmarks, making home loans more expensive. Borrowers can raise EMIs or extend repayment periods, we illustrate how both compare for 30 lakh, 50 lakh, 80 lakh or 1 crore home loans
The Latte Factor argues that building wealth may depend less on earning more than on changing spending habits. The book recommends saving first, automating contributions, tracking small expenses, and linking savings to meaningful goals.
Snowy Alps, lakeside Airbnbs and road trips: an 8-day Swiss holiday for 1.5 lakh per person
A family of five from Noida spent 7.84 lakh on a winter holiday in Switzerland. Affordable flights, countryside Airbnbs, a rental car and home-cooked meals helped keep costs in check.
EPFO has urged employees earning up to 25,000 a month to check their eligibility for Employees Provident Fund enrolment through employers. Know the potential EPF savings, pension and life insurance benefits, revised wage ceiling and steps workers should take.
DA hike news: Central government employees are eagerly awaiting a long-overdue increase in their dearness allowance, which was expected to take effect on July 1, 2026. The anticipated hike could boost the DA from 60% to 63%. With growing protests urging timely disclosure, the upcoming cabinet meeting may reveal crucial updates for employees and pensioners. Employee federations are applying pressure, prompting the government to address their concerns promptly.
Haryana Electricity Regulatory Commission has granted a 25-year electricity distribution licence to Eleven Power for Gurgaon, Manesar, Sohna and Nuh. The Rs 4,716.7 crore investment plan could give over 8.3 lakh consumers a choice of electricity supplier alongside state-run utilities, subject to network development and regulatory approvals.
PepsiCo India expects festive snack sales to match last year as new launches roll out
PepsiCo India anticipates steady growth in festive snack sales driven by innovative product launches and a focus on e-commerce. The company aims to expand its ready-to-eat snack range to align with consumer preferences during the festive season. SLMG Beverages, the largest Coca-Cola bottler in India, reports significant sales growth due to Diwali gift pack demand. Both companies are addressing rising input costs while focusing on consumer affordability.
India's organised retail sector is booming as developers prioritize enhancing consumer experience and strategic locations. SMARR Realty is poised to capitalize on this upward trend by merging retail, dining, and entertainment within its projects. In Gurugram, forthcoming developments will feature vibrant high-street retail, modern office spaces, and leisure amenities to engage visitors actively. Their long-term success hinges on the projects' appeal and ability to connect with the local communities.
India's aviation map is being redrawn, and smaller cities are stealing the show
Indias international aviation market is expanding beyond Delhi and Mumbai, with foreign airlines increasingly connecting smaller Indian cities directly to overseas hubs. The trend is creating a new contest for nearly 20 million connecting long-haul passengers, most of whom currently change planes at foreign hubs, while Air India is trying to bring more of that traffic through Indian airports.
A marriage made in heaven: how the humble QR code met the small merchant
UPI transformed merchant payments from a cash-and-change routine into a low-cost digital habit. As India reconsiders MDR, the challenge is to fund future innovation and cyber resilience without undermining adoption.
DND Sohna Expressway: The DND-Jaitpur-Faridabad-Palwal-Sohna expressway corridor has completed its final stretch, with an inauguration possible later this year. The new route could cut travel time from Sarai Kale Khan to Sohna and Palwal to 40-45 minutes during peak traffic, easing congestion on Delhis Ring Road and Mathura Road.
Changing jobs doesnt mean closing your NPS account. Your PRAN stays with you, your corpus remains invested, and contributions can continue through your new employers Corporate NPS or, if there isnt one, under the All Citizen Model.
Rs 6,908 bonus for central government employees: Check eligibility rules for 2025-26
The Ministry of Finance has announced the non-productivity-linked bonus (non-PLB), also called the ad hoc or annual bonus, for the accounting year 2025-26. Central government employees who qualify will get a bonus equal to 30 days of their pay.
A recent study indicates that nearly 22 crore Indians benefit from free goods and services provided by the government. This includes foodgrains, laptops, bicycles, and school uniforms, which results in higher consumption levels. The analysis shows a significant rise in effective purchasing power among households across India. Notably, West Bengal has the highest percentage of its population moving up the consumption bracket.
Gold rate today: 24k vs 22k vs 20k vs 18k prices
How a personal loan can help you manage planned and emergency expenses
Understand how a personal loan can help you cover planned expenses and urgent financial needs, explore its benefits, and plan your EMIs based on your budget.
Hormuz's days numbered? HSBC CEO says five years
Are you paying to reach your target audience or just paying for the numbers?
ET Partner With Us provides businesses the opportunity to connect with decision-makers and consumers through trusted financial journalism. By leveraging its longstanding credibility, companies can establish lasting brand presence and authority while accessing a large audience of 35 million monthly readers, ensuring their message reaches key leaders in an optimal environment.
The Central Board of Direct Taxes has introduced Form 173A for income-tax exemption claims. This new form includes detailed information to be submitted by foreign institutional investors. Exemptions are available for interest and capital gains on government securities according to recent amendments. The Income-tax Act, 2025, provides these exemptions starting from April 1, 2026. The additional requirements aim to streamline the process for eligible investors and organizations.
SBI cyber fraud: Kerala HC orders 3.73 lakh refund. Can you get a refund after sharing an OTP?
Kerala High Court directed SBI to refund 3.73 lakh to a retired college principal who lost money after sharing an OTP with a fraudster posing as a bank official. Here is how the scam worked, five lessons every bank customer should take from the case, and what the RBIs zero-liability rule says.
Under PM-VBRY, eligible first-time EPFO-registered employees earning up to 1 lakh monthly may receive incentives of up to 15,000. The first installment is paid after six months of service; here's how to avail the second installment
EPFO ECR deadline October 31: 11 days left to file September PF, EPS and EDLI data
Dussehra 2026: 5 money rules to control spending and avoid debt
Dussehra 2026: Dussehra sales tempting you? Follow these 5 personal finance rules to enjoy the festival without overspending or taking on debt.
Where to keep your emergency fund in India: 5 safe options and 4 to avoid
Bond investing: 5 online platforms to buy bonds
The 8th CPC is likely to visit various railway departments in Mumbai to gain firsthand experience of employees' working conditions. On the agenda is observation of daily operations, duties and job risks.
These state govt employees win OPS case
Cook wins Rs 4 crore tax demand case in HC
Kerala government announced a 2% hike in DA and DR for employees and pensioners, bringing it to 37% of basic pay, effective from January. Here's a look at which employees and pensioners are eligible for an increase in the dearness allowance and who is not
8th Pay Commission consultations continue. Know how gratuity is calculated, the 25 lakh cap, union demands and what retiring central government employees can expect.
Dussehra Bank holiday today: Are banks open or closed in your state today (October 20, 2026)?
Bank holiday today: On October 20, 2026, banks in many Indian states will be closed for Dussehra and other festivals. Meanwhile, Sikkim and Manipur will have banks open on that day.
Banking stocks, high oil prices drag Indian markets lower
Across Asia, markets were mixed, with South Korea rebounding 1.8% from last week's losses amid simmering concerns over excessive investments in artificial intelligence (AI). Taiwan fell 0.6%, while Indonesia tumbled 3.6% following a warning from index provider MSCI that it would downgrade the country from the emerging market basket.
Apple India in sweet spot as FY26 revenue crosses Rs 1 lakh crore, profit soars
Apple India's revenue reached
ET Exclusive: India weighs security checkpoint for Starlink, global satcom firms
The Indian government is in discussions to create a hardware device for monitoring satellite communications from foreign providers. This device aims to ensure national security by controlling internet traffic from companies like Starlink. Officials state that this security layer will prevent potential risks associated with untrusted transport carriers. Notably, Starlink has faced regulatory challenges for not complying with local infrastructure regulations.
SBI data breach claim: Hackers allegedly access 3.75 lakh accounts
The threat actor describes this as the first disclosure of the dataset, Cyberpulse56 said, adding that the authenticity, origin and extent of the alleged exposure are inverified. If legitimate, the data could facilitate identity theft, financial fraud, targeted phishing and fraudulent loan applications, the group said.
Onafriq tried to sell its Nigerian agent banking business before shutdown
When Onafriq announced it was shutting down Baxi, its Nigerian agent banking business, on October 16, it marked the end of a five-year expansion effort that []
Yes Bank's evaluating capital actions to back growth plans
The manner and the timing of reinstatement of the bonds as well as payment of the coupon is also under assessment, Niranjan Banodkar, CFO, Yes Bank told analysts over a call after the earnings.
Saudi Arabia keen on enhanced ties with India on power grid systems
Saudi Arabia has expressed interest in cooperating with India on extra-high-voltage electricity transmission systems. The focus includes managing renewable energy integration to meet rising power demands. A virtual meeting took place between officials from both countries to discuss these initiatives. Technical cooperation aims to address challenges in electricity needs for data centres and grid codes. Ongoing discussions will continue on electrical interconnection and additional cooperation areas.
Gurugram users will have option to choose between two Discoms
Consumers in Gurugram and Nuh will be able to select between two power distribution companies soon. Eleven Power Pvt Ltd has been granted a 25-year license to supply electricity in these districts. The existing utility will remain available for consumers alongside Eleven Power. A detailed plan for execution and consumer switching procedures must be submitted within 60 days.
Paul John may retain 10-20% stake in John Distilleries after Sazerac takeover
Paul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the company, values John Distilleries at about 4,500 crore. The company's revenue increased by 15.1% to 10,820 crore in FY26, and net profit surged significantly. However, escalating state duties in Karnataka are impacting retail prices and consumption.
Shift to Navi Mumbai or suspend flights: Mumbai airport gives airlines options
MIAL has informed airlines that they can shift operations to the new Navi Mumbai International Airport. The existing Chhatrapati Shivaji Maharaj International Airport will undergo redevelopment until 2030. Airlines have expressed concerns about splitting operations between the two airports due to logistical difficulties. The Airline Operators Committee has rejected the proposed transfer of international operations, demanding more information.
Hind Zinc eyes lower production costs after record Q2 profit, sales
Hindustan Zinc reported its highest-ever profit and sales for the September quarter and the first half of the fiscal year. The company expects zinc production costs to be between $825 and $850 per tonne this year. Consolidated revenue for the September quarter surged to an all-time high of 15,093 crore. The net profit increased significantly to 6,412 crore compared to the previous year.
Carmakers gear up with multi-powertrain models as Indian buyers shift beyond petrol, diesel
Car manufacturers are expanding powertrain offerings by introducing electric, CNG, hybrid, and petrol options. Companies like Renault and Stellantis are addressing regional demands for efficient engines and diverse vehicles. The rising fuel prices and tighter emission norms are compelling automakers to adapt their strategies. Toyota and Mahindra are focusing on multi-energy platforms to meet market needs effectively.
Steep prices spoil Indias smartphone festive party
The Supreme Court upheld the Bombay High Courts decision to quash Yes Banks 2020 write-off of 8,415 crore in AT-1 bonds. Here's all you need to know about AT-1 bonds.
States may be nudged to go for agrivoltaic solar projects
States have been showing a lot of interest in this and in addition to the pilot that the Centre is doing, states such as Odisha, Madhya Pradesh, Maharashtra have been trying to actively facilitate this.
1 Finance has received in-principle SEBI approval for an MF Lite licence and plans to launch passive mutual funds in Q4 FY27. SEBIs framework eases regulatory requirements for eligible passive fund houses, potentially encouraging competition and expanding investor choice in index funds and ETFs.
Railway authorities plan to raise awareness regarding noise caused by mobile phones in trains and stations. Announcements will inform passengers that such behavior may result in fines or imprisonment. Previous complaints highlighted the increasing nuisance from loud music and videos played openly. Enforcement of these regulations will be more assertive following recent amendments to railway laws. Passenger associations have expressed concerns about the feasibility of enforcement due to staffing shortages.
Tech-savvy customers may take more online banking risks despite positive security attitudes
A study of electronic banking users has found that cybersecurity depends not only on knowledge of digital threats but also on attitudes, memory and the user
Central Bank of India reports technical glitch in RTGS outward system
Central Bank said that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to a cyberattack and said the root cause is still under examination.
A rise in home loan rates forces borrowers to choose between higher EMIs and longer repayment tenures. A 50 lakh loan example shows how a 25-basis-point increase affects monthly payments and total interest, and what borrowers should consider before deciding.
Investors can choose from physical gold and silver, digital gold, ETFs, mutual funds, Sovereign Gold Bonds and Electronic Gold Receipts. Each option differs in costs, liquidity, regulation, taxation and storage needs, making it important to compare the risks before investing.
India's smartphone shipments slip 26 pc to decade-low in Q3, Samsung regains top spot: Report
Major Chinese players Vivo, Oppo and Xiaomi are estimated to have seen a decline in shipments while Samsung regained top position despite a marginal dip in shipments.
A Bitcoin investor who reported a 3.34 lakh loss faced an 88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.
UltraTech commissions Rs 2,650 crore cement plant in Andhra Pradesh in 14 months
The integrated cement plant, located in Petnikota village in Kolimigundla mandal in the Rayalaseema region, has a clinkerisation capacity of 3.3 million tonnes a year and cement dispatch capacity of 3.6 million tonnes a year.
Sonys Gaurav Banerjee dismisses concerns over foreign investment in Indias media sector
Citing the presence of YouTube, Netflix and Amazon, Banerjee said global media companies recognise Indias long-term growth potential and continue to invest billions of dollars in the market.
Air India, Indigo representatives to appear before Parliamentary panel on Nov 2
On November 2, representatives from Air India Limited and InterGlobe Aviation Ltd will meet with a Parliamentary committee. The discussions will focus on reviewing the performance of civil aviation sector public sector undertakings. Additionally, the Aircraft Accident Investigation Bureau and the Bureau of Civil Aviation Security will also participate in this session. Meanwhile, economists are scheduled to meet a separate joint committee examining simultaneous elections in India.
More than 20 people in Visakhapatnam reportedly lost 1 crore in a month to a Google Review job scam. Fraudsters used small initial payouts to build trust before demanding larger deposits, leaving victims unable to withdraw their money.
Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: Crisil
Yes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds. Crisil Ratings highlighted a significant liability impact estimated at Rs 6,200 crore, while S&P Global Ratings foresees a reduction in common equity by about Rs 8,400 crore. Despite these concerns, both agencies believe the bank's credit profile will remain stable.
Fitment factor demands range from 3.2 to 4 or higher as central government employees await a revised salary structure.
