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Your first salary is an opportunity to build sound financial habits. From budgeting and creating an emergency fund to buying health insurance, managing credit cards and starting SIPs, here are five money decisions young earners should make early.
NTPC submits two coal gasification project proposals under govt's Rs 37,500 crore scheme
NTPC Limited has submitted proposals to establish coal gasification projects for producing urea, methanol, and dimethyl ether. The Ministry of Coal announced that applications for the third round will open on November 10. January 11, 2027, is set as the deadline for these applications. The government's initiative aims to expand domestic production and support the broader use of indigenous resources.
India doesnt have a savings problem. It has a savings incentive problem
Indian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn meaningful value while it waits to be used.
When every bank has an app, what actually makes digital banking different?
With UPI resetting customer expectations, the real differentiator in digital banking is no longer having an app, but how seamlessly it brings payments, savings, investments and credit together in one place.
Banks will be closed in Gangtok, Imphal, Kanpur, Kolkata, Lucknow and Shimla on Wednesday, November 11, for regional festivals. Details here.
EPFO's VISHWAS 2026 scheme allows eligible employers to settle pending PF damage disputes at reduced rates, starting at 0.25% per month. The one-time settlement window closes on 28 December 2026. Interest and PF contributions remain payable.
The NC-JCM has proposed major changes for central government employees under the 8th Pay Commission, including higher minimum pay, 6% annual increments, increased pensions and allowances, and doubling leave encashment to 600 days.
Resolven mobilises USD 900 million financing this year
Resolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in debt financing and USD 200 million in non-fund lines. Earlier this year, the company became an independent renewable energy entity focusing on growth projects. It aims to expand renewable capacity significantly, targeting more than 1.5 GW annually by 2030.
NMDC in talks with Russia's Rosatom over lithium investments, sources say
Indian state-run miner NMDC Ltd is in talks with Russia's Rosatom to invest in lithium projects. These discussions are part of India's strategy to secure supplies for battery and EV industries. NMDC aims to enhance its global mineral diversification strategy and has formed a team for due diligence. The Indian government is investing in domestic processing of critical minerals to reduce import dependence.
EPFO has shifted the venue of its 240th CBT meeting on 19 November from Gujarat to New Delhi. The meeting comes amid media reports suggesting a possible increase in the minimum EPS pension from 1,000 to 3,000.
Foreign equities under pressure: what should investors do?
Indian investors are looking beyond domestic equities, but recent overseas market corrections underline why global exposure should be a long-term diversification strategy, not a bet on past returns.
How travellers are working around pricey flights for winter holidays
Travellers are finding creative ways to preserve their winter holidays despite soaring airfares. Some are swapping flights for trains and road trips, while others are choosing domestic destinations over international ones.
Jaguar Land Rover to launch its first electric vehicles in key growth market India in 2027: MD
Jaguar Land Rover (JLR) will enter India's luxury electric vehicle market in 2027 with the Range Rover Electric and Range Rover Sport Electric. The company will also launch the new Jaguar GT next year. JLR India plans to initially import the EVs to test demand, expand its retail network to 40 outlets and capitalise on India's growing premium car market.
With Bhai Dooj around the corner, consider gifting your sibling gold ETFs instead of traditional gold. Know how to transfer ETF units through demat accounts, how gifting differs from mutual funds, the available transfer routes, costs and tax implications.
Gold rates today: Major jewellery brands, including Tanishq and Malabar Gold & Diamonds, have seen a dip in gold prices today, making it an opportune moment for consumers to purchase 22k gold at more affordable rates compared to Monday. Consistent pricing across cities like Delhi, Mumbai, and Chennai allows for easy shopping.
How intelligent commerce is shaping the next frontier of merchant payments
For a decade, the task in Indias merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers behalf.
The next problem to solve: When money arrives, what can merchants do in the meantime?
At GFF 2026, PRISM founder Ritesh Agarwal and Adyens Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hotel owners, how quickly money arrives now matters as much as whether a payment is accepted, and why AI is changing back offices faster than it is changing how people buy.
Alice Huang, Chinese businesswoman linked to Nvidia CEO, moved from banking to AI chip business
Alice Huang, a finance professional, has transitioned to the AI chip industry with Megaspeed International. The company is under investigation for its links to advanced Nvidia chip exports to China. Reports suggest Alice Huang may have acted as an intelligence asset, raising concerns about potential national security breaches. Nvidia's board has initiated an investigation into its CEO's involvement with her.
A Rs 10 lakh gift from a husband invested in mutual funds and shares may attract income clubbing provisions. While gains from the initial investments are generally taxed in the husband's hands, returns on reinvested gains may be taxable to the wife.
Helios Mid Cap Fund: Paytm, MCX, Park Medi World among key stocks bought and sold in October
Samir Arora-backed Helios Mid Cap Fund added three new stocks and increased exposure to 18 others in October. The fund completely exited Park Medi World, while its highest sectoral allocation remained in finance at 16.22%.
Incorrect personal or employment details in your EPF account could create hurdles when withdrawing money, transferring PF balance, or settling claims. EPFO has highlighted its Joint Declaration facility, allowing members to request corrections to their records through the Member Portal.
Can EPFO increase minimum EPS pension to Rs 3K?
Three contract workers lost their lives due to asphyxiation at a Tata Electronics factory in Hosur. This incident has prompted investigations by the companies involved and the Tamil Nadu state government. Recent years have witnessed various operational issues at Apple supplier facilities, leading to heightened scrutiny. Apple's supply chain in India continues to face challenges amid efforts to diversify from China.
American Express India has deducted Membership Rewards points linked to cancelled cards, leaving some customers with negative balances. The move has raised concerns about pooled reward points, the 30-day forfeiture rule, and how affected cardholders can challenge the deductions.
Penny stocks look cheap, but the risks can be expensive
Low prices can disguise weak businesses, poor liquidity and manipulation risks. Sebis proposed clean-up is a reminder that penny stocks can be costly bets.
Rs 5.72L unexplained cash, man wins case in ITAT
8th Pay Commission: 69,000 minimum pay, 15,768 more HRA? Check 5 key NC-JCM demands
Nuvama Institutional Equities expects five midcap stocks, including Bosch, Zydus Lifesciences and Lodha Developers, to move into the largecap category in AMFI's H1 CY27 reclassification. Jio Platforms and NSE are also expected to enter the largecap segment.
Need 8 lakh a year in retirement? Know the ideal withdrawal rate for your 2-crore corpus
Strait of Hormuz LNG traffic hits highest in October since Iran war began
October exports were the highest since February when the war started and were up from Septembers corresponding tally of 23 vessels exiting the strait
Sensex crash survival guide: 10 moves to protect your savings, save tax and keep investing
Sensex and Nifty down for months? Here are 10 practical steps on SIPs, emergency funds, tax-loss harvesting and safe withdrawals to protect your savings through a long slump.
Gold and silver prices declined on 10 November as investors awaited key US inflation data. Check the latest 24K and 22K gold rates and silver prices across major Indian cities and key factors influencing international bullion prices.
Keralam to expand petrol pump checks if ethanol irregularities found
The state civil supplies department collected petrol samples from outlets in Thiruvananthapuram, Ernakulam, Kozhikode and Kannur on Monday
Air India may hire departed Garuda CFO
Air India Ltd. is considering appointing Balagopal Kunduvara as chief financial officer, tapping the veteran of Singapore Airlines Ltd. to help revive the Indian carriers finances after a record loss, according to people familiar with the matter.Kunduvara is a frontrunner for the position, said the people, who asked not to be identified discussing private deliberations. Most recently, he was finance chief for Garuda Indonesia, a position he recently left after holding the job for little more than a year.Also read | Australia's Qantas Airways to cut 850 jobs as AI takes off, back-office work shifts to IndiaPrior to that, Kunduvara spent more than two decades at Singapore Airlines, which is a partial owner of Air India alongside conglomerate Tata Group. Air India is seeking 100 billion rupees ($1.1 billion) in funding from its owners, Bloomberg News reported previously.An Air India spokesman didnt immediately respond to a request for comment.Air India is in the midst of a turnaround effort led by newly appointed Chief Executive Officer Tewolde Gebremariam after it posted a loss of more than 220 billion rupees last fiscal year. Tewolde has said he will focus on cutting costs.Kunduvara announced his departure from Garuda in a post on LinkedIn. While his time at the airline had been relatively brief, it coincided with an important period in the companys transformation, he said.A spokesperson for Garuda confirmed that Kunduvara had left the company.Kunduvara would take the CFO role as Air India faces high fuel costs due to the war in Iran. It also has to contend with geopolitical challenges that include a drop in traffic to the Middle East and being barred from Pakistani airspace, which forces west-bound flights from its main hub in New Delhi to take a circuitous route.Also read | Airlines go premium as demand for business-class seats outpaces economyTewolde, who previously led Ethiopian Airlines Group, has been looking to bolster Air Indias underperforming cargo business, and integrate key departments at Air India and its low-cost arm, Air India Express, to cut costs.The CEO is also looking at whether more flights to Europe and the US should be routed through Mumbai instead of Delhi to get around the Pakistani airspace closing.
With Diwali celebrations over, salaried employees should understand how employers' festive gifts, vouchers and cash bonuses are taxed. The rules prescribe different tax treatments for these benefits, which can affect employees' taxable income and overall tax liability.
Australia's Qantas Airways to cut 850 jobs as AI takes off, back-office work shifts to India
Australia's largest airline Qantas will cut 850 jobs from mid-2027 as it shifts some corporate functions to India and accelerates the adoption of artificial intelligence. A partnership with Accenture will overhaul its back-end systems, even as the airline embarks on the largest fleet renewal programme in its history.
Bank holiday for Diwali/Bali Pratipada: Are banks open or closed today on November 10, 2026?
Bank holiday today: Bank branches in few states will be closed on November 10, 2026. This closure is due to the observance of Bali Pratipada and other festivals. Customers will be unable to conduct branch transactions on this day. However, digital banking services will remain available for various transactions. Customers can utilize UPI payments, ATM cash withdrawals, and online banking facilities during the holiday.
Senior citizens can earn up to 8.6% on five-year FDs. Suryoday Small Finance Bank offers the highest rate, followed by Jana and DCB Bank at 8%. Here is a comparison of FD rates across small finance, private and public sector banks.
Rs 628.49 cr generated through scrap disposal, over 14 acres of space freed up: Railways
Indian Railways generated Rs 628.49 crore through scrap disposal while also freeing up over 14 acres of space. The Special Campaign 6 concluded with a focus on cleanliness, e-waste management, and effective disposal of pending matters. Over 1 lakh cleanliness drives were conducted across various railway establishments during this campaign. Additionally, more than 1.50 lakh units of e-waste were responsibly disposed of, generating Rs 10.43 crore in revenue.
PPFAS Flexi Cap Fund added Netflix, exited Meta Platforms and reduced Microsoft in October 2026. It also increased investments in DLF, Maruti Suzuki, M&M and other Indian stocks. Here's a look at its latest portfolio and long-term rolling returns.
Wedding insurance can help Indian families recover costs if unforeseen events such as fire, theft, severe illness or extreme weather disrupt celebrations. Here's how it works.
Choosing an NPS pension fund based on one-year returns can be misleading. Investors should assess rolling returns, upside and downside performance, and volatility to understand how consistently a scheme has beaten its benchmark across different market cycles.
Piyush Goyal meets Skoda Volkswagen India CEO
The government has expanded mandatory gold jewellery hallmarking to six more districts, taking coverage to 398 districts across 26 states and UTs. Here's the complete list of additions and what buyers should check before purchasing gold jewellery.
When employment ends, employers settle outstanding dues after the last working day and deduct applicable TDS. Here's how each component of the payout is taxed.
Banking stocks rally 1.5% as PSU lenders lead; broader markets pause after six-day bull run
Indian equities are likely to consolidate in the near term as investors book profits after the sharp rally of over 10% in seven sessions, says Siddhartha Khemka, head of research, wealth management, Motilal Oswal Financial Services.
Firecracker injuries during Diwali can lead to significant medical bills. While health insurance covers serious burns and eye injuries requiring hospitalisation, minor outpatient treatment and consumables may be excluded.
Indias net-zero push could unlock $22 tn opportunity
Tenneco India explores diversifying beyond auto sector, eyes M&A plans
Tenneco Clean Air India is exploring acquisitions in rail, aerospace and defence, while expanding its automotive portfolio across internal combustion, hybrid and electric vehicles.
Britannia CEO doubts Reliance's biscuit play
Tenneco India explores diversifying beyond auto sector, eyes M&A
The company is considering options in industrial markets, including rail, aerospace and defence, while it is also looking to expand to automotive products that are powertrain-agnostic
Balrampur Chini's Rs 3,100-cr bio-plastic plant to start commercial operations in Jan-Mar: CMD
Balrampur Chini Mills plans to start commercial production at its Rs 3,100-crore bio-plastic plant next quarter. The company has invested around Rs 2,400 crore in the project so far, with expectations for significant future revenue. This plant will produce Poly Lactic Acid bioplastics from renewable resources such as sugarcane and corn starch. In addition, the company reported a 90 percent increase in net profit in the last quarter.
ITAT Jaipur deleted an 11 lakh penalty on a farmer who accepted cash while selling his house for 22.5 lakh. The tribunal cited his lack of awareness of tax rules and held that reasonable cause justified relief under Section 273B.
Godrej Properties to launch Rs 32,000 cr homes
Claude Personal Finance vs ChatGPT Finances: 5 key differences in privacy, features and bank access
Anthropic's Claude Personal Finance and OpenAI's ChatGPT Finances offer AI-powered budgeting, spending analysis and financial planning through linked bank accounts. However, they differ in data privacy settings, advertising policies and plans to expand financial services.
670-cr investment fraud: How a former mason allegedly lured 7,400 investors with 4% monthly returns
Hyderabad businessman Nanavath Bhupal Naik is accused of running a 670-crore investment fraud that affected about 7,400 people. Here's how he pulled off the massive fraud.
Nifty 50 ETFs and index funds track the same benchmark but differ in trading, liquidity and investment convenience. Anand Rathi Wealth's Protima Dhawan explains five parameters to compare and why she prefers actively managed equity funds.
Jindal, Italy's Arvedi bid for former Ilva steelworks
Jindal and Italy's Arvedi Group have submitted binding bids for the troubled Ilva steelworks. The site is currently overseen by government-appointed commissioners due to long-standing financial issues. Prime Minister Giorgia Meloni's government aims to secure the site's steel production and protect jobs. Complications have arisen after a court ruling mandated the shutdown of blast furnaces due to health concerns.
Quant Small Cap, Motilal Oswal Midcap among 5 equity MFs that gave up to 24% SIP returns in 10 years
Quant Small Cap Fund delivered the highest annualised return of 23.54% on monthly SIP investments over the past 10 years.
Will old your cheque book become invalid after December 31, 2026? Big development from RBI
Will old your cheque book become invalid after December 31, 2026? The RBI has clarified claims that existing CTS cheque books become invalid from the new year. Here's all you need to know
Confused between largecap, midcap, flexicap and hybrid funds? How new investors should choose
First-time mutual fund investors often struggle to choose between largecap, midcap, flexicap and hybrid funds. Financial experts explain how risk appetite, investment horizon and financial goals should guide category selection and portfolio construction.
Deepak Shenoy anticipates a stronger rally for mid and smallcap stocks in 2027, marked by volatility. He forecasts earnings growth exceeding 20% in these segments, supporting potential gains. Valuations, however, will vary based on companies meeting growth expectations or not. Global political tensions and the AI sector's challenges may influence market dynamics. Shenoy emphasizes the unpredictability of market movements and shares insights on past predictions.
Keralam's Food and Civil Supplies Minister Anoop Jacob recently declared a program to collect petrol samples for ethanol testing, aiming to address concerns voiced by Karnataka officials regarding excessive ethanol blending. Jacob underscored the necessity of consumer transparency regarding fuel components, noting that inspections in Kochi have uncovered samples currently being tested, thus igniting pivotal discussions about fuel quality across Indian states.
Amid this festive season, we answer how much gold you can keep at home legally, if there's a penalty for exceeding limits, rules about declaration, investments, what the tax requirement is, and more.
Bengaluru-Mangaluru Vande Bharat will start within weeks, said Railway Minister Ashwini Vaishnaw. In trials, it took about 7 hours, saving 2 to 9 hours over existing trains. A flight takes about an hour but costs Rs 3,000 to Rs 4,700. The fare and final timetable are awaited.
UCO Bank paid widows pending pension arrears, but why did court still impose a 15,000 fine?
The complainant alleged that despite multiple official communications from the pension-sanctioning authorities, repeated visits to the branch, and formal representations, the bank failed to release the correctly revised family pension.
8th Pay Commission report is due around May 2027. Know about interim reports, extensions and when the revised salary and pension may be implemented.
Quant Small Cap Fund made several portfolio changes in October, adding five stocks, increasing exposure to six and exiting five others. The fund also raised its telecom allocation while trimming exposure to healthcare, financial services and oil and gas.
Bank Holiday, closed tomorrow 10 Nov 2026: Public and private sector lenders including the State Bank of India and HDFC Bank will be closed in Ahmedabad, Bengaluru, Belapur, Dehradun, Gangtok, Mumbai and Nagpur; heres why.
The newly introduced Vande Bharat Sleeper trains are expected to make long-distance overnight journeys more comfortable, but passengers should be aware of a few important booking rules before planning their trips. Indian Railways has kept some features of the regular reservation system out of these premium services. Tatkal bookings will not be permitted, ticket prices will not follow a dynamic fare system, and passengers will be able to book only confirmed berths. Here is a look at the reservation rules, coach configuration and berth availability on Vande Bharat Sleeper trains.
Post Office ATM withdrawal limit: 25,000 a day, free transactions and charges
Post Office savings account ATM limit is 25,000 a day. Know the per-transaction cap, free transactions, charges and the 500 minimum balance rule.
Gold rates today: On November 9, 2026, gold prices rose as Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas announced new rates. Check gold jewellery rates gold jewellery rates across New Delhi, Mumbai, Chennai and Kolkata.
Swipe smart: common credit card mistakes that can cost you dearly
Reward points and a generous credit limit can make spending feel like a win, but unnecessary purchases and high credit utilization may cost more than you gain.
Gold and silver prices today, 9 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.
Stop your SIP too early or start your SWP too soon? Heres how to get the timing right
Learn how to pace SIPs during your earning years and when to start an SWP in retirement, with simple rules to keep your money growing and your corpus safe.
Post Office MIS: Can you invest 15 lakh? 5 rules and 9,250 monthly income
Post Office MIS: 15 lakh in a joint account at 7.4% pays 9,250 a month. Know the limits, withdrawal penalties and tax rules before you invest.
Sensex jumps 327 points, Nifty above 25,000, banking stocks in action
DA hike news: Uttar Pradesh has raised dearness allowance for eligible state govt employees by 3%, from 60% to 63% of basic pay, effective July 1, 2026. Enhanced DA will be paid with November's salaries.
Titan Company Share Price Live Updates: Titan Company stock sees a minor drop today
J&K Bank extends salary banking perks to Encash Automotive staff
Srinagar, Nov 8: J&K Bank has signed a Memorandum of Understanding (MoU) with Encash Automotive Pvt. Ltd. to extend banking benefits to 195 employees under its Corporate Salary Package (CSP), further strengthening their longstanding institutional relationship. The MoU was signed by Zonal Head (Srinagar) Sheikh Mohammad Muzaffar and CEO Encash Automotive Pvt. Ltd. Maham Rouf in the presence of General Manager & Divisional Head (Kashmir) Arshad Qadri, Cluster Head Syed Tasaduq Madni, Branch Head (Hyderpora) Manzoor Ahmad and other senior officials from both organisations. Speaking on the occasion, General Manager & Divisional Head (Kashmir) Arshad Qadri said, Our institutional partnerships gain greater meaning when their benefits reach employees and their families. Through this arrangement, we aim to make banking more convenient and rewarding for our institutional clients, combining preferential financial benefits with personalised service. This association will extend the benefits of our Corporate Salary Package to 195 employees of the company, while further deepening our partnership with one of the regions prominent business organisations, said Zonal Head on the occasion. Under the MoU, eligible employees can avail customised salary accounts, preferential loan rates, waivers and concessions on specified banking charges, overdraft facilities and insurance benefits, subject to applicable terms and conditions. Digital onboarding, dedicated relationship support and family banking benefits further enhance the package. Cluster Head Syed Tasaduq Madni explained the packages features and the process for availing its benefits.
Reit-oriented funds: should you invest?
Reit-oriented funds offer an easy way into real estate trusts, but with only a handful of listed Reits, their portfolios are not pure Reit plays yet.
Gold's short-term volatility contrasts with long-term bullishness
Recently, gold prices have leveled out at approximately $4,000 an ounce after experiencing notable volatility throughout the year. This stabilization has attracted increased investor interest, spurred by central bank acquisitions amid economic unpredictability. Moreover, demand for gold jewelry has seen a significant uptick in regions like India and China, thanks to decreased prices.
8th Pay Commission: 44,900 basic pay could mean 5.14 lakh in arrears at 2.57 fitment factor
The 8th Pay Commission has completed one year of its 18-month term, with its final report expected around May to June 2027. If the revised pay is applied from January 1, 2026, a Level 6 employee with 44,900 basic pay could see about 5.14 lakh in 12-month arrears at a 2.57 fitment factor.
19 Indian seafarers stranded in Yemen safely evacuated, Embassy says
The Embassy of India to Yemen has evacuated 19 Indian seafarers who were stranded in Hodeidah and Sana'a. All seafarers are reported to be safe and in good health while returning to India. India has lost a total of 23 nationals amid ongoing conflicts in West Asia, including Indian seafarers and others in shipping attacks.
Bank holiday today: Check in which cities lenders including the State Bank of India and HDFC Bank will be closed on Monday, 9 November for customers on account of Diwali, Laxmi Puja, Govardhan Pooja and Vishwakarma Day.
'Global insurance cover may help rise medical tourism': Apollo Hospitals' Sangita Reddy
Apollo Hospitals envisions that broadening insurance access for international patients will catalyze the growth of medical tourism in India. The medical travel industry is predicted to swell to about $286.1 billion by 2030, with India's share expected to be around $16.2 billion. The focus on preventive health check-ups is essential for timely detection and holistic wellness. Additionally, artificial intelligence is poised to significantly transform healthcare service delivery and patient interaction.
Gold, silver prices may sway with US-Iran tensions
As the US-Iran conflict and crude oil pricing remain in focus, bullion prices are set to encounter downward pressure. Key economic data releases from China, the US, Germany, Japan, and India will significantly impact inflation and interest rate expectations. Market watchers will be attentive to Federal Reserve remarks and US job market indicators for cues on trends.
Diwali/ Laxmi Puja bank holiday: Are banks open or closed today on November 9, 2026?
Bank branches will close in certain states on November 9, 2026, for Diwali and related festivities. Customers should verify bank operating hours in their regions before planning any bank visits. Celebrations including Diwali/Laxmi Puja will lead to closures in several states like Uttar Pradesh and Madhya Pradesh. Other states and union territories will maintain regular operations on this day.
Iraq reaches US understanding to resume oil exports through Strait of Hormuz, says foreign minister
Iraq has reached an understanding with the US to allow its oil exports through the Strait of Hormuz using a shipping lane near Oman, Foreign Minister Fuad Hussein said. Iraq's losses from the Iran war and disruptions to oil shipments have reached $60 billion. Exports recovered to 3.5 million bpd in October.
Oil falls on open as Trump says fresh Iran attacks 'unlikely'
Oil prices fell at Monday's open after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran as long as talks to end the conflict progress, even as both countries reported that shipping had been hit in or near the Strait of
