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Wall Street rushes in with bullish calls on Indias top bourse
Wall Street brokerages are turning bullish on NSE, citing its dominant market position and Indias expanding capital markets. Morgan Stanley, JPMorgan and 360 ONE recommend buying the stock, projecting up to 30% upside. Rising investor participation, trading activity and new businesses could drive long-term revenue and earnings growth.
With Diwali just around the corner, many individuals are contemplating the best time to embark on their investment journey through mutual funds. Experts advise initiating a well-rounded strategy that features a mix of flexi-cap, mid-cap, and large-cap funds. New investors should embrace systematic investment plans to cultivate disciplined investing habits while steering clear of trying to time the market.
Kotak Mahindra Asset Management Company (AMC) has launched the Kotak Nifty Realty Index Fund, an open-ended passive scheme tracking the Nifty Realty Index. Here's all you should know before investing
Best mutual fund SIP portfolios to invest in November 2026
ETMutualFundslaunched its recommended mutual fund portfolios to invest through SIPs in October 2016. Since then, we have been closely monitoring the schemes in these portfolios and coming up with updates on them regularly. We also inform our readers about poorly performing schemes and replacements for them. The schemes in these ready made portfolios are selected based on our in-house methodology mentioned at the end of this article.
Gold and silver prices today, 2 November: 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.
8th Pay Commission pension calculator: Check how existing basic pensions from 25,000 to 75,000 could change under hypothetical fitment factors of 2.5, 3 and 3.5, alongside key pension demands from employee unions.
The Andhra Pradesh High Court rejected the landowners request for enhanced compensation by noting that the landowners relied on market values from 2010 despite the government acquiring lands in 2008. The landowners claimed their compensation was inadequate due to significant market price increases occurring later. The high court emphasized compensation should be based on the market value at the time of acquisition.
HUL Share Price Live Updates: HUL's Average Volume Analysis
HDFC Bank Share Price Live Updates: HDFC Bank's Current Price and Market Performance
Divis Labs Share Price Live Updates: Divis Labs shows resilience in today's market
ITC Share Price Live Updates: ITC Stock Details
Sold property? You may pay zero tax if these Section 82 rules under Income Tax Act 2025 are met
For Tax Year 2026-2027, Income Tax Act, 2025 is applicable and this means you need to be versed with the renumbered Sections in order to continue your financial plan as usual. If you want to claim income tax exemption on selling property then note that Section 54 is now renumbered as Section 82 of the Income Tax Act, 2025.
AIRF presented its demands to the 8th CPC, seeking better pay scales and risk, hardship, hazardous-duty and dress allowances for its employees. It highlighted railway works round-the-clock and raised concerns for running staff, track maintainers, technicians.
Govt employees facing disciplinary action? Know these 7 important rights before accepting charges
Employees in the government sector who find themselves undergoing disciplinary reviews must be informed about their rights before replying to any allegations. They deserve clear charges and at least 15 days to respond. Should they dispute the charges, an oral inquiry, enabling cross-examination of the witnesses, is obligatory. These employees can also present their defense witnesses and seek a personal hearing.
6 stocks mutual funds are buying amid market slump
Stock market investors are growing wary as prices continue to drop amid broader economic issues. Nevertheless, mutual fund managers are optimistic, identifying many investment opportunities during this downturn. The article identifies six stocks that have seen a rise in mutual fund investments, showcasing their resilience and growth potential during tough times. This analysis offers investors valuable insights to enhance their future strategies.
From gold to SIPs: How investment habits are changing
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.
Diwali giving: Small acts that change lives
An RBI officer, a Bengaluru retailer, a safari lodge owner and a 24-year-old money coach tell us how giving a little, steadily, lights someone elses life, long after Diwali.
Diwali declutter: 4 ways to strengthen your finances
As the festive season of Diwali nears, its wise for individuals to take a fresh look at their investment portfolios. This reflection can shed light on stagnant investments and empower improved financial planning. Financial experts advocate for a disciplined approach to asset distribution and routine portfolio assessments. Some investors may still cling to non-performing mutual funds and insurance that limit their potential growth.
Should you buy gold now? Experts see more upside
Gold prices have experienced a notable drop, creating favorable opportunities for those looking to buy during the festive and wedding seasons. Experts suggest that gold demand may rise in the near future. Nevertheless, market volatility driven by US Federal Reserve rate changes should prompt caution among investors. It is essential for buyers to evaluate their financial objectives and consult with financial advisors regarding suitable gold investment strategies.
Diwali 2026: 9 fund managers reveal top picks
This Diwali, investment experts advise a strategic approach focused on asset allocation rather than luring high-growth stocks. Sectors like banking, financial services, and premium goods present promising opportunities. While gold should only occupy a small fraction of a diversified portfolio for risk management, short-duration debt funds gain favour as interest rates shift. Maintaining discipline and patience is essential for long-term investment success.
AI investing: Dos and donts for small investors
What should the small investor do about this AI revolution in the making? The simple answer is nothing. No one can tell whether AI is a boon, a disaster, or a bubble. Its probably all of these, but its impossible to tell when, or in what order. The temptation to invest on the news is always there, but at this point, our job is to ignore the machine that will keep producing these stories
Diwali giving: Don't ignore these red flags
Bala is helping decorate for Diwali when he comes across his old football boots, a stack of comics hes outgrown and a torch that still works. His mother asks what he plans to do with them. Nothing, theyre taking up space, he says. Then he remembers Aisha next door, whos been asking her parents for a torch for weeks. Bala looks at the pile differently now.
Which share market performed best in last 10 years
Welcome to TrendMap, your quick guide to investment performance. This edition tracks 10 years of global equity returns. Currency fluctuations impact the returns on foreign investments. To capture the real value from an Indian investors standpoint, these returns are adjusted to reflect their equivalent in Indian rupees. The key takeaway: no market dominatesdiversification matters. By Sameer Bhardwa
Indian funds lag in climate risk disclosure
A recent study reveals that India's $900-billion asset management sector lacks climate scenario analysis disclosures. Twelve mutual funds, representing over 80% of assets, scored zero in stress testing. This gap contrasts with findings from Asian peers who share some level of climate analysis. Rising climate risks in India could threaten up to $250 billion in annual output by 2030.
Life insurance and MWP Act: How it protects family
Cutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for your family.
Diwali investment picks 2026: 9 fund managers reveal promising opportunities and risks to watch
This Diwali, investment experts advise a strategic approach focused on asset allocation rather than luring high-growth stocks. Sectors like banking, financial services, and premium goods present promising opportunities. While gold should only occupy a small fraction of a diversified portfolio for risk management, short-duration debt funds gain favour as interest rates shift. Maintaining discipline and patience is essential for long-term investment success.
How Indian investors portfolios are changing: From property and gold to SIPs and ETFs
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.
Most wanted stocks 2026: 6 stocks mutual funds are buying even as markets slump
Stock market investors are growing wary as prices continue to drop amid broader economic issues. Nevertheless, mutual fund managers are optimistic, identifying many investment opportunities during this downturn. The article identifies six stocks that have seen a rise in mutual fund investments, showcasing their resilience and growth potential during tough times. This analysis offers investors valuable insights to enhance their future strategies.
State-run general insurers to submit turnaround plans
State-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government aims to evaluate the performance of these companies based on a time-bound roadmap for organic solvency. Policies regarding better pricing, oversight, and structured reinsurance for risky insurance areas are also being emphasized.
Solar module cos seek more time to comply with local sourcing
Solar module manufacturers in India are raising concerns about the local availability of cells for production. They have requested an extension of the sourcing deadline beyond January 2024 to address these issues. The Renewable Energy Manufacturers Association has highlighted a significant gap between module production capacity and cell supply. Current regulations mandate that solar cells must come from approved local manufacturers for projects.
Gulf Oil scouts acquisitions in Asia, South America
McDonalds India bets big despite cost heat
Andhra Pradesh beats Tamil Nadu to win Rs 1,614 crore investment from three Hyundai, Kia suppliers
Three South Korean automotive component manufacturers have committed to invest 1,614 crore in Anantapur, Andhra Pradesh. Hwashin, Seoyon, and Iwamet have signed MoUs with the state government for setting up facilities. The investments follow Andhra Pradesh's proactive efforts to attract global manufacturing investments. These projects are expected to create 1,418 jobs, enhancing the region's automotive manufacturing capabilities.
With ongoing investments in ecommerce, Reliance Retail expects better Ebitda margins. The company is enhancing dark stores to ensure quicker delivery times and adapting retail spaces to cater to online shoppers. Although recent reports indicate a decrease in net profit, digital commerce still surged by 42%. Jeyandran Venugopal, the chief executive, expresses assurance in maximizing current assets for growth while steering clear of extravagant competitor expenditures.
AB InBev sets aside $30 mn for Telangana dues
Mumbai: Anheuser-Busch InBev, the world's largest brewer, has set aside $30 million against outstanding payments from the Telangana government, highlighting the financial risks of operating in India's state-controlled alcohol market, where delayed payments and restrictions on price increases are squeezing brewers.The disclosure comes amid wider industry concerns over nearly $400 million Telangana owes to alcohol companies in dues. Industry groups have accused the state of breaching accounting rules over the outstanding payments.Also read: Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeUnder the state's system, liquor companies supply products to government-run depots, which then distribute them to retailers, leaving manufacturers dependent on the government for payments.Telangana is one of India's biggest beer-consuming states by volume. AB InBev chief financial officer Bernardo Novick said the company's total receivables from Telangana had remained relatively stable during the year, but some payments had been outstanding for an extended period.We decided to recognise this provision of $30 million, Novick said during the company's earnings call, adding that the brewer was making its best efforts to recover the outstanding amount and protect shareholders.The company does not expect further meaningful one-off provisions from the situation, Novick said, while cautioning that circumstances could change.The problem extends beyond AB InBev. United Breweries, which controls about half of India's beer market, had temporarily halted supplies to Telangana Beverages Corporation about a year ago because of operating losses and overdue payments. The brewer had said selling each beer at a loss had made continued operations in the state unsustainable, while substantial delays in payments for supplies to the state corporation had further complicated the situation.Last week, United Breweries managing director Vivek Gupta said the company's business in Telangana had remained flat and it had lost some market share as a competitor continued to spend.
Parliamentary panel to review media laws across print, TV and digital platforms
The parliamentary panel on Communications and IT will examine the implementation of laws governing print, television and digital media as part of its 2026-27 review of the Information and Broadcasting Ministry. Its agenda also covers OTT platforms, Prasar Bharati, film regulation and television ratings, building on earlier calls for a common media regulatory framework.
Irdai to weigh 650+ responses on insurance commissions
The regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, which proposes tighter commission limits, changes to expense-of-management rules and a new distribution architecture. The industry is now awaiting the draft guidelines followed by the final framework.
Indias medicine sales grow in double digits for four straight quarters, led by chronic care drugs
Over the past four quarters, India's medicine sales have increased significantly due to rising demand in chronic care segments. The growth rate reached 12% year-on-year in the September quarter, showing a positive trend in the industry. Larger pharmaceutical companies have benefited from the shutdown of many non-compliant smaller units. Budgets were also boosted by a reduction in GST on medicines.
Banks are safe; AI bubble is the risk for global markets: Julius Baer CEO Stefan Bollinger
Stefan Bollinger highlights the potential risk of an AI bubble affecting global markets significantly. He notes that India's equity valuation correction is healthy, maintaining the country's growth story. Investors are increasingly diversifying their portfolios with a focus on hedge funds and private equity. The Fed's decision on rates remains uncertain, though high inflation complicates matters. Rising yields in Japan are likely to attract domestic investors back to their markets.
DGCA mandates two pilots on Char Dham helicopter flights, 11 operators threaten to suspend services
The Directorate General of Civil Aviation has mandated the use of two pilots for Char Dham helicopter services. This requirement comes after a recent helicopter crash in Uttarakhand resulted in multiple fatalities. Operators are protesting this new rule, citing increased costs and potential service suspensions. Additionally, co-pilots must now be qualified for hilly terrain operations. Operators are required to secure clearance from the control room before every flight.
Digi Yatra trials for international passengers begin at seven airports, wider rollout likely in 2027
Trials for the Digi Yatra facility have commenced at seven airports across India for international passengers. This service is available on a trial basis for Indian nationals with e-passports. It will initially operate on select international flights by Air India and IndiGo. Digi Yatra utilizes facial recognition technology to enable seamless movement at airport checkpoints. A wider rollout of this facility is anticipated in the year 2027.
Banks seek microloan guarantee extension
IDFC First Bank and small finance banks such as AU, Jana and Suryoday were among the biggest users of the scheme to reduce credit risk. They have set aside the guarantee fee for the current fiscal year, expecting the government to reopen the window soon, people aware of the matter said.
Moved abroad, selling mutual funds to buy a house in India? Know the tax rules
A non-resident Indian can claim Section 54F relief on long-term capital gains from selling mutual funds by investing the net sale proceeds in a residential house in India, subject to conditions.
Small-cap mutual funds were October's worst-performing equity category, falling 5.83%. Invesco Small Cap Fund limited losses to 2.98%, while Tata Small Cap Fund plunged 11.16%. Here are the best and worst-performing schemes and how other equity categories fared.
Banks report 10-50% efficiency gains from AI
Mumbai: Banks are reporting 10-50% improvements across productivity, turnaround time and operating costs from artificial intelligence-led initiatives, with some lenders handling up to 30% more servicing volumes without adding manpower as AI moves deeper into corporate banking, collections and transaction processing.The gains vary across operations: Axis Bank has recorded productivity improvements of more than 10% in selected customer journeys, Kotak Mahindra Bank can handle 20-30% more corporate-servicing volumes with the same headcount, while AU Small Finance Bank has cut the operating cost of AI-led voice operations by 50%.Also read: Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseKotak has deployed AI across its wholesale banking operations. Under Project ACE, the bank has automated the classification and routing of corporate customer requests related to account servicing, payments, transaction disputes and inward remittances.The project has resulted in a massive efficiency gain, resolution tags have improved twice and because of this efficiency gain, there is surplus capacity, allowing the same headcount to handle 20-30% more volumes with the same capacity, said Anu Aggarwal, head-corporate and transaction banking, Kotak Mahindra Bank.The lender is also developing predictive tools to forecast corporate cash inflows, upcoming payments and surplus liquidity, and recommend investment options for excess funds.We are moving from information to intelligence. Instead of just providing CFOs with dashboards and data, we want to use predictive models to help them anticipate collections, upcoming payments and surplus liquidity, while suggesting where excess funds can be invested, Aggarwal said.HDFC Bank said digitisation and straight-through processing reduced service-delivery turnaround times by 30% during the September quarter, while customer visits per frontline employee increased nearly 50%. Former chief executive Sashidhar Jagdishan had indicated that greater AI adoption could reduce manpower requirements in back-office, credit and corporate-support functions.Axis Bank is embedding AI across customer servicing, operations and decision-making through its enterprise-wide AXIOM platform. Its AI bots handled nearly 60% of collection calls during the September quarter. AI-driven solutions such as Doc AI, Voice AI and GenAI-powered collections continue to enhance customer experience, improve operational efficiency and deliver better business outcomes, said Amitabh Chaudhry, MD and CEO, Axis Bank.ICICI Bank has developed an enterprise AI platform covering customer onboarding, fraud detection, portfolio monitoring, document processing and customer servicing. Together, these capabilities help simplify processes, improve turnaround times and support decision-making across multiple banking functions, said Sandeep Batra, executive director, ICICI Bank.
Bank cyberattacks raise insurance claim fears
Prime Minister Narendra Modi has approved the Southern Bullet Train Corridor which will connect Bengaluru, Hyderabad, Amaravati, and Chennai. This high-speed rail project aims to reduce travel time significantly between these economic hubs. The Bengaluru-Chennai journey will take just 73 minutes, while Bengaluru-Hyderabad will take about two hours and 10 minutes.
Uttarakhand helicopter operators suspend Char Dham flights over DGCA's new two-pilot rule
Helicopter operators in Uttarakhand have decided to suspend their Char Dham charter operations from November 2. This action follows a letter sent to the Directorate General of Civil Aviation expressing their concerns. The operators oppose the new regulation that requires all helicopters to have two crew members on board. They argue that the mandate will significantly impact their financial viability and operational efficiency.
Diesel sales surged 11.7%, petrol 3.1% in October
Diesel sales experienced an 11.7% year-on-year increase in October due to heightened economic activity. Petrol sales, on the other hand, increased by only 3.1% during the same month. LPG sales continued to decline significantly, dropping 12.1% year-on-year as supplies tightened. Aviation turbine fuel sales decreased by 1.3%, reflecting persistent sluggishness in the aviation sector. Overall, the fuel market showed mixed trends amid changing consumption patterns in India.
Price hikes to help Pidilite meet profitability guidance
Pidilite Industries, known for its Fevicol adhesive, anticipates maintaining profitability between 20-24% through price hikes. Managing Director Sudhanshu Vats indicated a 4-5% price increase, with potential for another rise in the March quarter. The company increased prices by 12% in the June quarter following fluctuating input costs, notably for vinyl acetate monomer. Pidilite's consolidated profit increased by 7% year-on-year, with sales rising over 21%.
An efficient financial structure will support growth
Electric car sales nearly double in October
Electric car sales in India nearly doubled year-on-year to 35,777 units in October, taking their share of passenger vehicle sales to 7% from 3.2% a year earlier. Tata Motors led with a 40.7% market share, followed by Mahindra at 23.7%, as high fuel prices and expanding charging infrastructure supported demand.
Technology mutual funds delivered an average 6.29% return in October 2026, while no other equity mutual fund category crossed 1%. HDFC Technology Fund led the 13 schemes with an 11.54% gain. Here are the top performers and their AUM.
Indias luxury car buyers are paying a premium
Last-mile banking network is struggling amid rising costs, low commissions
NSFI 2025-2030 was categorical that a fair and reasonable remuneration structure for BC agents is a must to ensure quality and consistency in the delivery of financial services at the last mile
Festive fever drives Oct car sales to record high
Royal Enfield reports 7% growth in October sales
Royal Enfield reported a 7% year-on-year increase in October sales to 1.33 lakh motorcycles, supported by strong festive demand. Domestic sales rose 4% to 1.22 lakh units, while exports surged 47% to 11,915 units. Motorcycles above 350cc recorded 18% growth, outpacing the 5% rise in smaller-engine models.
Going abroad for a holiday? How you split your travel budget between cash, forex cards and credit cards can affect your overall expenses. Know the ideal allocation, compare forex charges and avoid costly ATM withdrawals and currency conversion fees.
NCRTC to develop urban centres along the Namo Bharat corridor
NCRTC is working with NCRPB to develop urban centers along new transit corridors including Namo Bharat. Collaboration focuses on planning frameworks to encourage private investment in transit-oriented development zones. Key discussions cover measures that support flexible land use and streamlined clearances for developers. The redevelopment project at Sarai Kale Khan aims to create a multimodal hub for connectivity.
Honda Cars Indias October sales fall 23% as exports plunge 88%
Honda Cars India reported a 23% year-on-year decline in total sales to 8,082 units in October, as exports plunged 88% to 473 units. Domestic sales rose to 7,609 units from 6,394 a year earlier, supported by festive demand and a strong response to the recently launched Honda Elevate.
Pilots now need fresh permits before every sortie: UCADA after Joshimath crash
Following a chopper crash in Joshimath, new regulations have been implemented by the Uttarakhand Civil Aviation Development Authority. Pilots will now need separate permissions for every flight segment as directed by the Directorate General of Civil Aviation. A co-pilot will also be mandatory on Char Dham yatra helicopter flights to enhance safety measures. Weather conditions at the time of the crash are under investigation, along with pilot communications.
Ferrero sees India entering top 10 global markets, bets on premiumisation, ramps up product launches
Ferrero sees India as a key market, expecting its growth in the premium chocolate segment. The company aims for sustainable growth, expanding its brand portfolio, strengthening distribution and building a sustainable growth trajectory. The company plans to enhance its presence in smaller cities, through wider retail distribution and e-commerce platforms. They are tapping into the Indian traditions and consumer aspirations through targeted campaigns.
Union Labour Minister Mansukh Mandaviya has launched WhatsApp services for EPFO members, allowing them to check their PF balance, access passbook details and view their latest five transactions. The facility will also offer assistance under the PMVBRY scheme.
L&T pushes IT and engineering arms to accelerate growth beyond 15%
Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 percent per year, which needs to increase. The management highlighted the importance of scaling up their services and accessing new markets. The recent AI-led disruption may help achieve this growth by leveling the playing field among competitors.
Vaishnaw visits BEML facility building Indias first bullet train for Mumbai-Ahmedabad corridor
Bharat Bullet Train is being developed for the Mumbai-Ahmedabad High Speed Rail corridor, emphasizing indigenous technology. Railway Minister Ashwini Vaishnaw reviewed various production processes at BEML's Aditya manufacturing facility in Bengaluru. The train will offer advanced passenger amenities and adhere to stringent safety standards during its operation. It is designed to accommodate about 557 passengers, including special provisions for persons with disabilities.
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi
Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in India's digital financial services market. MIH Payments Holdings BV, part of Prosus, will acquire certain shareholding in the fintech firm. Navi Ltd provides various financial services, including loans, insurance, and digital payments. This investment marks a significant milestone in Navi's growth after securing USD 100 million from Prosus.
Renault India sales dip marginally in October, domestic sales rise 31% in Jan-Oct
Renault India experienced a small decline in total sales during October compared to the previous year. However, domestic sales showed strong growth of 31% from January to October this year. The company reported total October sales of 4,577 units, down from 4,672 units last year. Sequentially, sales increased by 35%, indicating strong market traction. Deliveries for the New Renault Duster Strong Hybrid E-Tech 160 will begin soon.
Festive sales drive a surprise for Kia India
Kia India reported its highest-ever monthly wholesales since entering the Indian market at 33,462 units in October 2026, registering a 13.22% year-on-year increase from 29,556 units in the same month last year.The company also surpassed its previous monthly sales record of 32,017 units set in September, marking a second consecutive month of record sales.Also read: TVS Motor sales rise 29% to 7 lakh units in October; EV sales jump 120%The automaker's cumulative wholesales rose 21.31% to 2,86,470 units during January-October 2026, already exceeding its full-year sales of 2,80,286 units in calendar year 2025.The October performance was driven by festive-season demand, with the Seltos and Sonet accounting for a significant share of volumes, alongside contributions from the Carens range and newer offerings.Seltos, Sonet drive volumes; CNG models gain tractionThe Seltos recorded sales of more than 13,000 units in October, while its average monthly sales have remained above 10,000 units since the launch of its latest iteration in January 2026, the company said.The Carens and Carens Clavis also contributed to sales momentum, with their CNG variants accounting for close to 10% of Kia India's total October wholesales.The company said its Sorento SUV, available with hybrid and diesel powertrain options, had received an encouraging response from customers. The automaker attributed the interest to the model's technology, features and hybrid powertrain.Also read: Hyundai, Tata, M&M, Maruti October sales surge amid festive cheer; Escorts Kubota declines 10%EV sales hit monthly high as alternative powertrains expandKia India also recorded its highest-ever monthly electric vehicle sales in October, growing 31% month-on-month, with the Syros EV and Carens Clavis EV contributing to volumes.The growing contribution from CNG and electric models comes as the company expands its portfolio across petrol, diesel, CNG, hybrid and electric powertrains.Commenting on the performance, Atul Sood, senior vice-president, sales and marketing, Kia India, said, Surpassing our previous monthly sales record within just a month to achieve our highest-ever sales of 33,462 units in October reflects the growing trust customers place in Kia and the strength of our products. We were able to ride the positive festive demand momentum, supported by the strong performance of our established models and the encouraging response to our newer offerings, driving the overall growth.The Kia Sorento has received an encouraging market response, with customers appreciating its advanced technology, sophisticated features and the fuel efficiency offered by its Hybrid powertrain. The contribution of our CNG models to overall sales, alongside our highest-ever monthly EV sales, further demonstrates that our multi-powertrain strategy is translating into tangible results. This reinforces our commitment to offering differentiated products and powertrain choices that respond to the diverse mobility needs of Indian customers, he added.
TVS Motor sales rise 29% to 7 lakh units in October; EV sales jump 120%
TVS Motor Company reported a 29% year-on-year sales increase to 7,00,134 units in October 2026. Two-wheeler sales also rose by 28% to 6,70,679 units during the same period. Domestic two-wheeler sales grew to 5,14,764 units, marking a 22% rise. Electric two-wheeler sales saw significant growth of 120%, reaching 71,382 units. International business sales increased by 51%, while three-wheeler sales rose by 60% year-on-year.
India's power consumption rises 21.88% to 159.76 billion units in October
India witnessed a striking power consumption of 159.76 billion units in October 2026, marking a considerable increase from previous years. The surge was primarily driven by a spike in commercial and industrial activities during the festive phase, leading to a peak demand escalation to 260.73 GW, up from 210.82 GW the previous year.
India to export Vande Bharat trains in 3-4 years: Ashwini Vaishnaw
India will commence the export of Vande Bharat trains in three to four years. The Bengaluru-Mumbai Vande Bharat Sleeper train has been recently launched to enhance overnight travel comfort. It features advanced design improvements aimed at passenger convenience and aims to reduce travel time significantly. Fares for the sleeper service are competitive compared to international train services.
The new Rule 14B allows eligible sellers using e-commerce platforms to obtain GST registration in states where they have no physical presence by declaring an e-commerce operator's warehouse as their principal place of business.
PNB Housing aims for a 4x growth in corporate loan book to Rs 3,000 crore
PNB Housing Finance aims to expand its corporate loan book significantly by the end of March 2027. The company intends to maintain a focus on retail housing finance while growing its corporate lending portfolio. Currently, the corporate loan book stands at Rs 689 crore, contributing to 3 percent of overall loans. Loan growth guidance of 18-20 percent for the financial year remains unchanged, despite interest rate increases.
NCRTC explores transit-oriented development along Namo Bharat, proposed regional corridors
NCRTC is evaluating transit-oriented development to create planned urban centers along major corridors, including the Delhi-Ghaziabad-Meerut route. A recent workshop gathered key stakeholders to discuss policy support for private investment in these developments. Emerging urban centers such as Meerut and Ghaziabad are expected to benefit significantly from improved connectivity. The new framework aims to link transport infrastructure closely with land-use planning for organized urban growth.
The Pradhan Mantri Fasal Bima Yojana (PMFBY) provides insurance cover on crop losses for farmers due to natural disasters such as earthquakes, floods, hurricanes, cyclones, and droughts. Here's all you need to know
With inflation at 5.8%, savings accounts paying 2.7% to 3% lose purchasing power, despite growing balances. Keep three to six months of essential expenses accessible, then consider diversified investments for longer-term goals.
Festive-season clean-up: how to declutter your mutual fund and stock portfolio
Too many funds and stocks can make investments harder to track and manage. Heres how to weed out overlapping and underperforming holdings, rebalance your portfolio and keep your financial goals on track.
Loan default and wilful default carry different consequences for borrowers. Understand five key differences, RBI rules, lender action, credit score implications and how wilful default can restrict future borrowing and access to institutional finance.
Should I invest in sector funds such as banking, technology, pharma
Sector funds can deliver strong returns during market rallies, but investors must weigh concentration risk, high valuations and volatility before investing.
At EPFO Jammus 74th Foundation Day, MP Sat Sharma urged timely settlement of workers claims, efficient pension services and greater awareness of social security benefits. Here's all we know
IDBI Bank has announced a customer advisory ahead of the proposed strike on November 2 and 3, 2026. Find out why services may be disrupted, whether branches will be affected, and how customers can use UPI, ATMs and internet banking.
Hyundai, Tata, M&M October sales surge amid festive cheer; Escorts Kubota declines 10%
In October, various automakers experienced different sales results, highlighting a mixed performance across the industry. Hyundai Motor India observed a 17.7% sales increase, with domestic and export growth. Tata Motors Passenger Vehicles reported an impressive 23% rise in sales, including a 75% increase in electric vehicles. Conversely, Escorts Kubota faced a 10% sales decline during this time period.
OPEC+ set to keep December oil output targets unchanged, focus shifts to 2027 quotas
The supply reduction had initially been agreed upon in 2023.The group continues to maintain another layer of production cuts of around 2 million bpd, covering most members through the end of 2026
Investors building a Rs 10 lakh mutual fund portfolio with a 5-10 year horizon should focus on growth-oriented strategies and consider diversifying across two fund managers, says Prateek Agrawal of Motilal Oswal AMC. He highlights flexi-cap funds, emerging sectors and AI-linked businesses as opportunities, while advocating focused investing and a mix of growth and value strategies.
Diwali, Chhath special trains announced; timings
India's October coal-fired power output jumps most in 3 years as hydro generation slumps
India experienced a surge in coal-fired electricity generation of 25.7% in October compared to the previous year. The increase was attributed to a substantial decline in hydropower generation by 26% caused by lower rainfall. Power demand from industrial activity contributed to the rise in coal usage across the country. During October, renewable power generation also increased by 34.7%, primarily from solar energy. Overall electricity generation grew by 21.
Hyundai Motor India records highest-ever monthly sales at 82,299 units in October
Hyundai Motor India Limited (HMIL) recorded its highest-ever monthly sales of 82,299 units in October, registering a year-on-year growth of 17.7 per cent, driven by strong festive demand and increased sales in both domestic and export markets.
Winners of the EPFO Foundation Day Quiz 2026 will be honoured in New Delhi on Sunday as the organisation marks its 74th Foundation Day. Organised by the Labour Ministry with MyGov, the quiz drew 8,584 participants and aimed to raise awareness about EPFO schemes.
EPFO Foundation Day 2026: The Employees Provident Fund Organisation plans to introduce automatic settlement of eligible inoperative EPF accounts with balances up to 1,000 and launch WhatsApp services to simplify provident fund access for subscribers.
Lodha Developers to invest Rs 1,200 crore in first Delhi-NCR project on Gurugram's Golf Course Road
Lodha Developers has announced plans to invest approximately Rs 1,200 crore for an office complex in Gurugram. This project will be located on the strategic Golf Course Road, attracting significant business interest. The complex is expected to feature 4 lakh sq ft of Grade A++ office space, with large floor plates appealing to potential buyers.
