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Spandana Sphoorty returns to profit at Rs 18 crore in Q2FY27
Spandana Sphoorty Financial reported consolidated Q2 profit of Rs 18 crore, reversing a Rs 249 crore year-ago loss. Assets under management grew 31% to Rs 5,364 crore, while improving asset quality reduced gross and net NPAs.
Bank of Baroda Q2 profit jumps 36% to Rs 6,532 crore on NSE stake sale
Bank of Baroda reported 36% year-on-year profit growth to Rs 6,532 crore in Q2FY27, boosted by NSE stake sale gains and higher interest income. The lender raised annual credit and deposit growth guidance amid strong loan demand.
The expansion of renewable energy capacity, rapid urbanisation and rising electricity consumption from data centres are expected to create significant investment opportunities across the power transmission and electrical equipment sectors.
Microsoft's reported buyout offer to around 60,000 employees across India, the US, the UK and Canada raises questions about voluntary separation, severance payments and employee rights. Here's what Indian workers should know before signing an exit agreement.
A passenger booked a train ticket for a journey on August 20. He cancelled the ticket more than 48 hours before the journey. Here's what happened next.
Record earnings! 5 big takeaways from RIL Q2 results investors should watch for Monday trading
Reliance Industries reported record Q2FY27 profit of Rs 29,550 crore and revenue of Rs 3.62 lakh crore, driven by strong refining margins and Jio growth. Retail profitability weakened, while declining debt improved the conglomerate's financial position.
Q2 Results Today, 30th October 2026 Highlights: businessline brings to you latest Q2 announcements, earnings updates and more.
The government transferred 18,690 crore to more than 9.34 crore farmers in PM-KISANs 24th instalment. Payments are made directly to bank accounts after state verification, Aadhaar and bank validation, PFMS checks and approval, as per the central govt.
Cognizant's OpenAI Group To Scale AI Solutions
IT services giant Cognizant has established its 'OpenAI Frontier Capability Group', comprising over 25,000 professionals. This new group aims to deliver OpenAI products like Codex and ChatGPT to clients, helping enterprises integrate advanced AI models into their core operations. Cognizant is also scaling OpenAI internally across its sales and customer success functions.
Indias crude oil imports set to hit record 5.4 mb/d in October
West Asia supply recovery, Atlantic cargoes bolster crude intake significantly
Reliance Retail Q2 Results: The company's gross revenue increased 6.4% YoY to Rs 91,716 crore in Q2FY27, compared with Rs 86,169 crore in the year-ago period. The growth came despite the absence of major festive occasions during the quarter, with the festive calendar shifting to the December quarter.
Reliance Industries announces fundraising, to raise Rs 15,000 crore through NCDs
Reliance Industries has approved plans to raise up to Rs 15,000 crore through non-convertible debentures via private placement. The fundraising announcement came with the company's Q2 earnings where it reported a 41% year-on-year rise in net profit to Rs 25,548 crore.
Bengaluru recorded 11.5% annual growth in prime office rents in Q3 2026, matching Tokyo, while Mumbai saw a 33% jump in leasing transactions, with year-to-date volumes already exceeding its full-year 2025 total, according to Knight Frank.
Reliance Industries Q2 Results: Profit shoots up 41% YoY to Rs 25,548 crore, revenue surges 29%
Reliance Industries Q2 Results: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported a 41% year-on-year (YoY) growth in consolidated net profit to Rs 25,548 crore for the September quarter of FY27, compared with Rs 18,165 crore in the corresponding period last year.
Govt sets up banking committee on reforms
Centre on Friday constituted a six-member High Level Committee on Banking for Viksit Bharat to review India's banking sector and recommend structural, regulatory and institutional reforms to prepare it for the country's development goals by 2047.The committee will be chaired by Suresh N. Patel, former Central Vigilance Commissioner, and will include Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu, former Indian Bank MD and CEO Padmaja Chunduru, and former RBI Deputy Governor N S Vishwanathan as members. The Joint Secretary (Banking) in the Department of Financial Services will serve as its Member Secretary.The committee will have six months to complete its work. Its formation follows the announcement made by Finance Minister Nirmala Sitharaman in the Union Budget 2026-27.The panel has been tasked with examining the existing banking framework and recommending changes to make Indian banks more globally competitive, financially inclusive and resilient as the country works towards the Viksit Bharat 2047 goal.Panel to examine banking regulations, capital requirementsThe committee will assess existing banking practices and prudential norms against global standards and identify practices that could be adapted to the Indian banking system. It will also prepare a roadmap for developing globally competitive banks.Its review will extend to the regulatory and legal frameworks governing banks, including Regional Rural Banks (RRBs) and cooperative banks. The panel will suggest changes aimed at improving operational efficiency and making banking easier for businesses and customers.Another key area of its mandate is the long-term capital requirement of the financial system. The committee will examine the funding needs of banks, Development Financial Institutions (DFIs) and Non-Banking Financial Companies (NBFCs), and recommend potential funding sources and mechanisms to support credit growth.It will also study differences in the cost of capital for businesses and suggest policy measures to encourage private investment and support sustainable economic expansion.AI adoption, priority sector lending also on agendaThe committee will draw up a roadmap for the adoption of artificial intelligence and digital innovation across banking institutions, while recommending safeguards against cyber risks.Its mandate also covers talent acquisition and capacity building, with a focus on ensuring that banks have the workforce and skills needed to adapt to technological changes.The panel will review the Priority Sector Lending (PSL) framework and the Lead Bank Scheme to assess whether they remain relevant and effective in delivering credit. It will examine how these mechanisms can improve coordination and support more inclusive, balanced and data-driven lending in line with changing economic priorities and financial inclusion objectives.The government has also left room for the committee to examine any other banking-related matter that may be referred to it.
PB Fintech's UAE insurance business grows 19-fold as it looks beyond motor cover
PB Fintech has achieved impressive growth within the UAE insurance landscape, notably boosting its premium volumes since FY22. With a strategic plan in place, the company intends to diversify its offerings by introducing health and life insurance solutions geared towards NRIs. Key features will include cross-border protection and simplified claims processing.
Bengaluru matches Tokyo with 11.5% office rent growth in Q3: Knight Frank
Bengaluru matched Tokyo with 11.5 per cent annual growth in prime office rents in Q3 2026, while Delhi-NCR and Mumbai recorded gains of 5.4 per cent and 4 per cent
Milky Mist H1 PAT grows 308.4%
Same family, different fate: Why Jio Platforms isnt RPower redux
Contrasting fortunes. Unlike Reliance Powers troubled debut, Jios valuation, pricing and management response point to a different trajectory
Jio Platforms Q2 Results: Profit rises 14% YoY to Rs 8,389 crore; revenue up 11%
Jio Q2 Results: Jios profit growth was supported by healthy subscriber additions, expansion in its digital services business and a marginal rise in average revenue per user (ARPU).
Indias battery cell push stalls: Everything you need to know
US stocks today: Nasdaq tumbles over 2%, S&P 1% at open as Amazon, Intel add to AI spending woes
The Nasdaq opened at its lowest level in more than two months on Friday, after Amazon's aggressive AI spending plan and Intel's cash burn warning intensified investor concerns about
Jio Platforms shares surge 28% since market debut
The stock of the country's second most valuable firm by market capitalisation jumped 27.89% to 1,431.20 from the issue price of 1,119 on the BSE
Jio Platforms shares surge 28% since market debut
The stock of the country's second most valuable firm by market capitalisation jumped 27.89% to 1,431.20 from the issue price of 1,119 on the BSE
Trai proposes mandatory AI policies, incident reporting for telcos
Trais draft AI governance guidelines seek board-approved AI policies, risk-based classification, human oversight and mandatory reporting of serious AI-related incidents, while holding telecom operators accountable for outcomes even when systems are sourced from third-party vendors.
Brokers call: Interglobe Aviation (Long)
Equirus Securities
Sebi eases FPI compliance, extends KYC review period from December 1
Sebi has extended KYC review intervals for certain foreign portfolio investors to two or eight years and removed a separate disclosure requirement, effective December 1
NTPC Green Energy Q2 Results: Profit jumps 56% YoY to Rs 137 crore, revenue rises 53%
NTPC Green Energy reported a 56.2% year-on-year rise in Q2FY27 net profit to Rs 137.5 crore, driven by 53.2% revenue growth. EBITDA margins improved, while new solar capacity boosted its operational renewable energy portfolio.
Big dividends, bigger losses? The hidden risk in Wall Street's highest-yielding stocks
Several US stocks offer dividend yields exceeding 10%, led by mortgage REITs Annaly Capital Management and AGNC Investment above 16%. However, significant share-price declines highlight risks surrounding dividend sustainability, payout ratios, debt and overall investment returns.
Margin pressures remain a major headwind for Asian Paints stocks
Asian Paints' revenue growth beat estimates in Q2FY27, but rising raw material costs, intense competition and volatile crude oil prices could weigh on margins and stock gains.
Bank of Barodas FCNR(B) deposits surge nearly sixfold to Rs 1.03 lakh crore
Bank of Baroda's FCNR-B deposits rose to 1.03 lakh crore as of September 2026, reflecting substantial growth. The overall global deposits of the bank increased 16.4% year-on-year to reach 17.45 lakh crore. Domestic deposits also saw a marked increase of 16.6%, driven by term deposits growing 20.5%. Additionally, the bank reported a 35.8% rise in standalone net profit for the second quarter of FY27.
The National Social Security Board will design, monitor, and recommend targeted welfare schemes for the informal workforce in India. It is for unorganised, gig and platform workers.
Bank credit growth outpaces deposits at 17.94%
Bank credit expanded 17.94 per cent year-on-year to reach Rs 232.54 lakh crore for the period ending October 15, exceeding the 16.6 per cent deposit growth rate, according to Reserve Bank of India (RBI) figures released Friday.Data reveals bank deposits rose to Rs 284.37 lakh crore by October 15, 2026, up from Rs 243.88 lakh crore on October 17, 2025marking a 16.60 per cent annual increase.Reserve Bank of India (RBI) records indicate bank credit climbed to Rs 232.54 lakh crore as of October 15, 2026, compared to 197.17 lakh crore on October 17, 2025, recording a 17.94 per cent rise.Also read: Banks must go beyond lending to unlock Bengal's industrial potential: NITI Aayog's Ashok LahiriThis accelerated credit growth was driven by buoyant banking system liquidity during early October alongside India's festive season demand. The sector experienced strong liquidity inflows following substantial deposits collected through banks under the RBI's concessional FCNR (B) scheme.RBI data shows banking system liquidity surplus hovered between Rs 2 lakh crore and Rs 4.5 lakh crore throughout the October 115 period.During August and September, system liquidity expanded noticeably following initiatives aimed at encouraging foreign capital inflows. Based on net positions under the LAF, daily liquidity surplus averaged Rs 5.9 lakh crore after the August 2026 MPC session.Average daily net absorption under the LAF surged from Rs 1.2 lakh crore in July 2026 to Rs 5.8 lakh crore in August, climbing further to Rs 7.8 lakh crore in September.Additionally, commercial bank holdings in central and state government securities expanded 9.64 per cent year-on-year to Rs 77.32 lakh crore as of October 15, 2026, compared to Rs 70.53 lakh crore on October 17, 2025.Central government securities comprised the dominant share of these holdings, rising to Rs 77.12 lakh crore by October 15, 2026, up from Rs 70.42 lakh crore in the prior year, RBI data confirmed.
DA now at 63%: Will the latest hike increase your HRA too, or only your monthly salary?
A DA and DR hike from 60% to 63% will benefit central government employees and pensioners, with the revised rates effective July 1, 2026. Monthly DA gains vary by basic pay, while HRA remains unchanged because the latest increase does not cross a threshold for revising HRA rates.
First Global's Devina Mehra urges Indian investors to diversify across countries, sectors, currencies and asset classes. She highlights global opportunities, changing market leadership and the risks of chasing popular investments, advocating broader international exposure for long-term portfolio resilience.
India bonds buckle for fourth straight month on oil's climb
Indian government bonds ended October with losses, marking a fourth consecutive decline in bond yields. Brent crude oil prices surged, raising inflation concerns for the country. The Reserve Bank of India raised its policy rate for the first time in nearly four years this month. Foreign investments in Indian bonds fell to a four-month low, causing further concerns about the rupee's performance.
As part of its strategy to strengthen its presence in the luxury housing segment, the company has launched M3M Black Circle, an exclusive, invitation-only privilege platform aimed at extending the luxury homeownership experience beyond residential properties
Indias forex reserves fall by $1.269 billion to $719.748 billion
The latest decline follows a previous weekly fall, with foreign currency assets, gold reserves and Indias IMF position showing mixed movements.
Bank of Baroda Q2 Results: Standalone profit jumps 36% YoY to Rs 6,532 crore; NII up 9
Bank of Baroda reported a 35.8% year-on-year rise in standalone net profit to Rs 6,532 crore in Q2FY27. Net interest income grew 9% to Rs 13,026 crore, while asset quality improved, with the gross NPA ratio declining to 1.78%. Global advances and deposits also recorded double-digit growth.
Google workforce rises to 204,757 in September 2026 despite tech sector layoffs; Wiz acquisition adds 2,000 employees
Coforge among 6 stocks hitting 52-week highs; rally up to 20% in a month
Six BSE 200 stocks, including Coforge, Indian Hotels and Kotak Mahindra Bank, hit fresh 52-week highs as the Sensex rallied, with monthly gains reaching 17%.
Sensex, Nifty, Share Prices Highlights: Equity benchmark indices Sensex and Nifty rallied for the second straight session on Friday, supported by robust buying in IT firms and earnings-driven demand in the Tata Group's retail arm Trent.
Indian Equities Rally on IT Sector Strength, Trent Earnings
Indian equity benchmark indices Sensex and Nifty rallied for the second consecutive session, driven by strong buying in IT firms and a significant boost from Tata Group's retail arm Trent following its impressive September quarter earnings.
8 midcap stocks with over 100% profit growth in Q2FY27
Eight NSE midcap stocks recorded over 100% year-on-year profit growth in Q2FY27, led by Max Financial Services, One97 Communications and Poonawalla Fincorp, according to StockEdge data.
With Indias Nifty 50 down nearly 12% this year, investors are looking abroad, including to US stocks. Here's what Indian residents should keep in mind before putting money in US companies.
The Nifty 50 rose 0.51% to close at 23,053.10 on Friday, while the Sensex gained 308 points to 74,459.53. Trent and InterGlobe led the gainers, while Shriram Finance and Nestle India topped the Nifty losers. Broader markets remained weak, with midcap and smallcap indices falling up to 2%.
SEBI will make direct mutual fund plans the default option on AMC digital platforms from November 1. With regular plans still accounting for 63.3% of retail mutual fund AUM, experts explain why investors choose them and how the new rule could impact them.
Elon Musk says saving money for the distant future could become pointless as AI and robotics create an era of unprecedented abundance. He believes superintelligent AI could make work optional, drive down the cost of goods and services, and reduce the importance of money.
SEBI has issued a regulatory censure against Axis Capital, concluding proceedings linked to September 2024 restrictions. The regulator noted no recorded investor harm or fraudulent default, while Axis Bank expects no material business impact.
RBI's FERR norms increase FCNR(B) hedging costs for banks
The Reserve Bank of India's new Foreign Exchange Risk Reserve (FERR) framework is making it more expensive for banks to hedge dollar interest payments on foreign currency non-resident (bank), or FCNR(B), deposits. Banks are now required to set aside cash equivalent to 20 per cent of their exposure, leading to a significant increase in hedging costs and forward premiums.
Asian Paints consolidated profit jumps 7.5% YoY in Q2
Asian Paints reported a 7.5% year-on-year rise in Q2 consolidated profit to Rs 1,067.6 crore, while net sales grew 16.9% to Rs 9,953.9 crore. Higher raw material costs weighed on margins, prompting further staggered price hikes. The company also declared a dividend of Rs 5.75 per share.
Rupee rises 33 paise to close at 94.93 against US dollar
The rupee opened at 95.21, then gained ground and touched an intraday high of 94.94 and a low of 95.28 against USD and finally closed at 94.93 (provisional), registering a gain of 33 paise over its last close
Indian market indices Sensex and Nifty ended the week on a high note, each climbing by up to 0.5%. Even as the broader market suffered losses, standout performers like Trent and IndiGo flourished thanks to positive earnings. The Nifty IT index was a highlight, soaring over 2%, while Nifty Consumer Durables fell nearly 2%.
GAIL (India) has revealed a whopping 139.3% surge in its consolidated net profit for the FY27 September quarter, showcasing impressive operational revenue growth of 32.7% year-on-year. The board has sanctioned the IPO listing of its subsidiary GAIL Gas Ltd. on Indian stock exchanges, facilitating a 25% equity dilution. In a strategic move, GAIL will also transition six city gas distribution networks to its subsidiary by January 1, 2027.
Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concerns
U.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, borrowing expenses and profitability. Technology stocks slumped, while investors reassessed AI valuations, capital expenditure and sustainable returns.
Binance estimates $6.3 billion security breach impact, user funds safe
Cryptocurrency exchange Binance has estimated the financial impact of a recent security breach at approximately USD 6.3 billion, significantly higher than the USD 3 billion in assets frozen to date. Initial investigations suggest a possible compromise of a DevOps engineer's laptop, though no wallet private key leak has been found.
Banks must go beyond lending to unlock Bengal's industrial potential: NITI Aayog's Ashok Lahiri
NITI Aayog vice-chairman Ashok Lahiri emphasized the need for banks to facilitate connections between businesses and financial resources. He pointed out the low credit-deposit ratio in Eastern India, which hinders investment and economic growth. Lahiri highlighted the importance of investment in infrastructure, industrial expansion, and the MSME sector. Banks could support smaller enterprises with structured credit facilities to help them grow.
Jio Financial Services promoter holding rises to 50.98% after 25 crore share allotment
The latest allotment increases the companys paid-up equity capital to 6,853.14 crore, with total paid-up shares reaching 685.31 crore.
Nifty Pharma index hits record high; Sun, Laurus, Zydus, Sai rally up to 6%
Among others, Mankind Pharma, Ipca Laboratories, Torrent Pharmaceuticals, Divis Laboratories, Cipla and Aurobindo Pharma were up 2% each in Friday's trade.
SC appoints former judge to mediate $2.81 billion Reliance-Centre KG-D6 gas dispute
The decision came after both sides informed the bench led by Chief Justice of India Surya Kant that there had been no progress in settlement efforts.
EPFO invests monthly contributions from employees and employers across government securities, corporate bonds and ETFs. But how does it manage market risks while offering a fixed interest rate? Experts explain its investment process, interest rate mechanism and proposed AIF exposure.
'India Has Been Flat For 2 Years'
'In the past, when the Indian markets have been flat for two years, the next year's returns have ranged between 5 per cent and 55 per cent.'
Why is VBL down 5% despite Q3 PAT jumps on double-digit volume growth?
Varun Beverages reported a 13.54 per cent on-year increase in consolidated net profit to 830.6 crore for Q3CY2026, driven by double-digit volume growth in India and international markets.
Indias SIP growth story has a long runway, with household equity exposure still in single digits and a large number of investors in the wealth-accumulation phase, says Carnelian Asset Managements Vikas Khemani. Speaking at the ET Wealth Expo, he said SWPs may take another 25 years to gain widespread relevance as the population ages and more investors transition towards retirement.
FIIs held $717 billion worth of Nifty 500 stocks in September 2026, with private banks accounting for the largest share of their investments. While foreign investors increased exposure to sectors such as healthcare, technology and automobiles, they trimmed holdings in 56% of Nifty 500 companies over the past year.
Sun Pharma Q2 Results: Profit falls 36% YoY to Rs 1,989 crore on exceptional charges
Sun Pharma Q2 Results: Revenue from operations rose 12% YoY to Rs 16,199 crore from Rs 14,478 crore in Q2 of last financial year, supported by strong growth in its domestic formulations business and emerging markets.
Vivek Kannan has been appointed as the chief executive officer of Hinduja Housing Finance Limited. He succeeded Sachin Pillai, who stepped down but remains on the board as a non-executive director. Kannan joined the company as Chief Operating Officer in 2020 and contributed significantly to its growth and transformation. With over two decades of experience, he has held leadership roles in various financial institutions.
Silver futures decline to 1.85 lakh per kg
A sell-off by participants weighed on silver prices, analysts said
Global Market: European automakers get earnings boost as Chinese competition weighs on recovery
European automakers have received a boost from recent earnings, but their recovery remains fragile. Rising competition from Chinese manufacturers, costly technological shifts and structural weaknesses continue to cloud the sector's long-term growth prospects.
Gold ETFs and EGRs offer two ways to invest in gold without storing it yourself. But how do they differ in ownership, liquidity, costs, and physical redemption? Experts explain which factors investors should consider before choosing this Diwali.
India needs strategic indispensability by 2026: CEA
Chief Economic Advisor V Anantha Nageswaran stated that 2026 marks an inflection point for India, akin to 1991, necessitating the country to become globally indispensable in carefully chosen sectors to build strategic leverage for accessing geopolitically contested resources amidst a series of external shocks.
Global Market: Binance breach rekindles fears over cryptocurrency security
A reported $6.3 billion breach at Binance, described as the largest crypto heist on record, has renewed concerns about digital-asset security. Binance has located about $3 billion in affected assets and pledged to cover losses. The incident joins major attacks on Bybit, Ronin Network, Wormhole and other platforms, highlighting persistent vulnerabilities across exchanges, wallets, blockchain bridges and DeFi services.
Swarup Mohanty of Mirae Asset urged investors to focus on the consistency and quality of their investment decisions rather than market movements. At the ET Wealth Expo, he stressed that financial goals should drive asset allocation, cautioned against chasing past returns and highlighted the importance of buying good businesses at reasonable valuations.
Data shows Nov, Dec strongest months for Nifty; will history repeat?
An analysis of the past 25 years of data by SAMCO Securities shows reveals that the average Nifty gain in November and December months stands at 2.5% and 2.6%, respectively.
ZFunds brings US stocks and ETFs to distributors, beyond DIY apps
The platform allows mutual fund distributors and wealth managers to offer international investments as demand grows for products and themes unavailable in India
45.6% of Indian households use digital channels for at least one purchase: Report
Around 45.6 percent of Indian households currently utilize online shopping and digital payments for various purchases. Despite this growth, 54.4 percent still prefer traditional payment methods for their transactions. Digital adoption varies significantly across categories, with consumables and services leading at 39.68 percent. The report shows that higher Monthly Per Capita Consumption Expenditure correlates with increased online shopping.
Gold futures decline to 1.41 lakh/10 gram
On the Multi Commodity Exchange, the yellow metal contracts for December delivery traded lower by 976, or 0.68%, at 1,41,620 per 10 grams in a business turnover of 3,117 lots
Mid Smallcaps under pressure; Suzlon, Swiggy, STL, HFCL slip up to 10%
In the past four trading days, Nifty Midcap 100 index had rallied 4%, while, Nifty Smallcap 100 index surged 6%, against 1.5% gained in the Nifty 50 till Thursday.
A Hyderabad consumer commission has ordered Square Yards interior business to pay 4.25 lakh to a Secunderabad woman after her flats interiors didnt match approved 3D designs. She moved the commission, which held that firms failed to explain production drawings, amounting to deficient service.
Sensex zooms 1,500 pts in 2 days, Nifty tops 23K: Why are bulls in charge?
Building on a 905-point rise on Thursday, BSE barometer Sensex added another 592 points or 0.79 points in intraday deals to take the two-day rise to 1,497 points.
US-Iran war may keep oil in broad $105-120/bbl range: Mirae Asset Sharekhan
Overall standoff would see broader range of Brent range of $105-120, a deal could unwind risk and Brent could moderate to, a $95-110 crunch remains the base case.
Diesel shortage lifts Indias exports to 12-month high in October
Diesel shipments from India hit 700,000 barrels per day (b/d) last month, compared to 620,000 b/d during September, according to Kpler data
The Centre's 3% DR hike, effective 1 July 2026, will raise Dearness Relief for eligible OPS and UPS family pensioners from 60% to 63%. Here's how the revision will affect monthly family pension payments, the applicable eligibility conditions and examples of the additional amount.
NSE flags broker lapses in margin trading facility and client fund handling
The National Stock Exchange (NSE) has identified several compliance failures among brokers, including inadequate margin collection for margin trading facility (MTF) transactions, extending MTF against ineligible securities, and various lapses in handling client funds and cybersecurity protocols.
A Kerala consumer commission ordered IRCTC to refund a passenger Re 1 withheld from a cancelled ticket, with 9% interest, 100 compensation and 3,000 in legal costs. It ruled the shortfall amounted to deficient service and an unfair trade practice.
Kota MP Srinivas Poojary urges Maharashtra CM Devendra Fadnavis to relinquish the state's Konkan Railway stake to facilitate its merger with Indian Railways and fund track doubling.
Insurance reforms: protect policyholders and keep the door open to investors
Indias insurance reforms must curb mis-selling and opaque incentives without creating an uneven playing field or unsettling foreign investors with frequent policy changes.
Credit Card Spending Falls 5.9% in September, First Y-o-Y Decline Since Feb 2021
Credit card spending in India experienced its first year-on-year decline since February 2021, falling 5.9 per cent to approximately 2.04 trillion in September, primarily due to a high base from the previous year's early festive sales and GST rate cuts.
