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Indian cricketer Suryakumar Yadav has announced an investment in Shahrukhz Residences by Danube, a waterfront residential project in Dubai Maritime City.
The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a 3,000 monthly old-age pension, directing authorities to release admissible claims within two months.
Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood
Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.
An NRI won relief from a 3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.
OMCs exclude sugarcane-based ethanol from FY27 tender, cut maize incentive
Bharat Petroleum Corporation invites bids for 11 billion litres to meet 20% petrol blending target
Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate 70,000 or 1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.
When a fixed deposit matures, its payout depends on the depositors instructions and the banks rules. Here are your options and whether you should renew or not.
Quant Mutual Funds QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Funds Apex at 6.78%. QSIF also led over three months and since inception.
Gold and silver head for volatile week amid crude oil spike, West Asia worries
Investors to track Chinese economic data, US housing data, consumer sentiment, inflation expectations and PMI readings from major economies
The Supreme Court has directed Indian Railways to provide mandatory travel insurance for all tickets sold at station counters from October 27, 2026. Details here.
An ITAT Surat ruling held that an NRI's property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales.
The company also said it has launched projects covering 14 million sq ft over the past two and a half years, with a revenue potential of more than 56,000 crore.
FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali
FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali
Sitting on 400 billion tonnes of coal and a crippling 2.7 trillion import bill for energy products and chemicals, India is racing to turn dirty rock into cheap gas. Can multi-billion-rupee bets overcome tough economic costs and volatile markets?
Punjab National Bank eyes Rs 6,000 crore quarterly profit after record September earnings
Punjab National Bank reported a record quarterly net profit of Rs 5,532 crore for September 2026. The bank's core operating profit grew by around 29 percent year-on-year despite treasury losses of Rs 1,000 crore. PNB aims to achieve Rs 6,000 crore in net profit in the upcoming quarters due to steady operational performance. Loan growth is being supported by retail, agriculture, and MSME segments during the festive season.
Indian Telecom Firms Partner Indonesia For Next-Gen Connectivity
Indian telecom gear maker Signaltron and semiconductor firm Signalchip have partnered with Indonesia's sovereign research body PRT BRIN to develop and deploy advanced telecom technologies, including 4G, 5G, and future 6G, specifically tailored for Indonesia's unique archipelagic geography to connect underserved regions.
Crude oil likely to gain further next week as supply fears overshadow relief measures: Analysts
On the Multi Commodity Exchange, crude oil futures for November delivery rose by 566, or 6.4 per cent, over the past week to close at 9,394 per barrel
Eligible first-time employees can receive up to 15,000 under the EPFO-linked PM-VBRY scheme. Check the salary limit, joining dates, EPF membership rules, six- and 12-month service requirements and the financial literacy course needed for the second instalment.
Failed UPI payments, unsuccessful ATM withdrawals and other payment errors can qualify for 100 per day in compensation if refunds exceed RBI's prescribed deadlines. Know the T+1 and T+5 rules, how turnaround time is calculated and what to do if your refund is delayed.
Mumbai restaurants may raise menu prices by 10-15% in the coming weeks, AHAR announced, citing higher costs for ingredients, LPG, wages, rents and transportation. This will help maintain food quality, service standards and staffing and balance affordability, it added.
DIIs increase stake in 8 midcap stocks in Q2FY27
DIIs increased their holdings in several NSE midcap stocks during the September 2026 quarter. Swiggy, One97 Communications, Meesho, Cochin Shipyard, Lenskart Solutions, Piramal Finance, APL Apollo Tubes and SBI Cards and Payment Services saw DII shareholding rise by more than 200 basis points quarter-on-quarter, based on StockEdges shareholding scan.
Jio Platforms IPO gets subscribe recommendations as brokerages cite strong earnings growth
Research reports by Emkay Global Financial Services, Ventura Securities, GEPL Capital and SBI Securities highlight companys robust prospects
A thoughtful ageing-parent plan combines financial safeguards, health preparation and safer surroundings with open communication.
Bajaj Finance Q2 preview: Profit may jump 29%, NII 24% as strong loan growth lifts earnings
Bajaj Finance is projecting a remarkable 29% increase in net profit for the July-September quarter, driven by robust loan demand and a boost in interest income. With a significant rise in assets under management, the demand for its lending products appears strong. Yet, analysts caution about potential pressure on lending margins owing to escalating borrowing costs.
Multi-cap and multi-asset allocation mutual funds follow different investment strategies. Multi-cap funds invest across large-, mid-, and small-cap stocks, while multi-asset funds diversify across asset classes. We compare their 1-, 3-, and 5-year returns to see which category leads.
The group has a strategic plan to enter new businesses, but it is not yet the right time to indicate when it would foray into health insurance
A Sikar taxpayer faced a 3.99 lakh penalty after declaring 12.9 lakh in income following an income tax notice. The ITAT Jaipur quashed the penalty after finding defects in the assessment order and notice. Heres why he won and what taxpayers should check.
Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 crore
Yes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would drop significantly if the Supreme Court's decision is fully implemented. Investors are concerned as mutual funds pause investments in the bank's AT1 bonds. Yes Bank is assessing the legal and financial implications of the Supreme Court's judgment.
Buy Now, Pay Later (BNPL) can make online shopping for Diwali, Dussehra, and Dhanteras more convenient, but it carries risks. Understand 5 key concerns, including overspending, late payment charges, credit score damage and debt accumulation, before choosing BNPL. Read on to learn more.
FPIs Withdraw Rs 52,100 Cr from Indian Equities in October
Foreign portfolio investors (FPIs) have withdrawn a significant Rs 52,100 crore from Indian equities in October so far, driven by a confluence of global factors including elevated crude oil prices, higher US bond yields, and a stronger dollar, making US assets more attractive.
FPI selling crosses Rs 52,000 crore in October as Nifty defies foreign exodus
Foreign portfolio investors pulled out over Rs 52,000 crore from Indian equities in October, surpassing September outflows. Despite persistent FPI selling driven by rising US Treasury yields and elevated crude oil prices, benchmark indices Nifty and Sensex rebounded sharply, supported by robust domestic institutional buying and IT sector gains.
22, 24 carat Gold prices remain steady across metro cities on October 18
Experts say there is no limit on properties held under one PAN, provided transactions are genuine and funds are explainable. They recommend keeping sale deeds, payment and funding evidence, bank statements, loan documents, and other ownership records.
With the tax audit report deadline of 21 October approaching, taxpayers need to check their books, reconcile turnover and GST records, review key Form 3CD disclosures, and confirm portal submission. Here are the checks an expert suggests taxpayers should complete before filing.
Apple Pay debuts in India: how it works, features, and key limitations
Axis Bank credit card holders can now tap to pay using biometrics without PIN or OTP, though the launch excludes UPI integration and RuPay support.
Jefferies Chris Wood says its time to diversify beyond AI. Where should investors look now?
Jefferies Chris Wood is urging investors to diversify beyond AI as earnings growth for global AI stocks is expected to slow sharply and valuations remain elevated. His Asia portfolio retains exposure to semiconductor companies while avoiding heavy AI capex spenders, with India, China and other Asian markets featuring prominently in the allocation.
The Income Tax Department has introduced Form 141 to simplify tax deducted at source (TDS) compliance. The new form replaces Forms 26QB, 26QC, 26QD and 26QE, covering property transfers, rent, contractor payments, professional fees and virtual digital asset transactions.
Earnings, crude oil, Jio IPO key monitorables for investors next week
Quarterly earnings, crude oil, Jio Platforms' initial public offering and trading activity of foreign investors will drive investors' sentiment in a holiday-shortened week ahead, analysts said. Besides, developments in West Asia and the rupee-dollar trend would be tracked by investors. Indian equities enter the coming week with improved momentum following two consecutive weekly advances and a strong recovery led by information technology stocks. The sustainability of this move remains to be established. Elevated crude oil prices, geopolitical uncertainty, global bond market movements and uneven market breadth continue to warrant caution. Investors are likely to focus on whether the recent rally broadens beyond IT stocks and whether the benchmark indices can sustain their gains above immediate resistance levels, Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. The proposed Jio Platforms IPO, which will open on October 21, is another key event to watch,
Hailing from Raipur and having spent formative years in Mumbai, this finance enthusiast embarked on a journey in equity markets after earning an MBA. Currently directing multiple funds at Abakkus AMC, they emphasize thorough research and strategic equity investments aimed at sustainable growth. The thrill of navigating the ever-evolving equity landscape fuels their dedication, showcasing a deep passion for the world of finance and investment.
Senior citizen home hunt: Seeking house for aged parents? Home prices below 70 lakh and improving healthcare options have made tier 2 cities and spiritual hubs such as Kochi, Nashik, Varanasi and Haridwar popular.
Market cap of 9 top firms surges 3.65 lakh crore; TCS leads gains
Last week, the BSE benchmark Sensex surged 2,256.94 points, or 3.11 per cent, and the NSE Nifty jumped 625.7 points, or 2.77 per cent.
Turning 18? Find out how to update your minor PAN card with a new photograph, signature and other details, how to apply for a major PAN card, and why you can retain your existing PAN number instead of applying for a new one.
Mcap of nine of top-10 most valued firms surges by 3.65 trn, TCS shines
The combined market valuation of nine of the top-10 most valued firms surged by Rs 3.65 lakh crore last week, with TCS, Bharti Airtel and Infosys emerging as the biggest winners, amid a bullish trend in equities. Last week, the BSE benchmark Sensex surged 2,256.94 points, or 3.11 per cent, and the NSE Nifty jumped 625.7 points, or 2.77 per cent. Indian equity markets extended their recovery during the week, with the Nifty-50 and Sensex recording their strongest weekly performance in approximately six months. The Nifty-50 advanced around 2.8 per cent, while the Sensex gained approximately 3.1 per cent. The rally was primarily driven by a sharp rebound in information technology stocks following encouraging September quarter earnings, supported by renewed buying interest in several heavyweight stocks, Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Reliance Industries, Bharti Airtel, HDFC Bank, ICICI Bank, Tata Consultancy Services (TCS), State Ba
Indias first proposed AI immigration corridor for cruise passengers could be tested at Cochin Port. Cameras would verify identities while officers monitor checks and follow up on flagged passengers.
FPIs pull out Rs 52,100 cr from equities in Oct so far amid global headwinds
Foreign portfolio investors have withdrawn Rs 52,100 crore from Indian equities as of October this year. This follows a net withdrawal of Rs 35,861 crore in September, indicating ongoing financial retreat. Elevated crude oil prices, higher US bond yields, and a stronger dollar have affected investor sentiment. Despite temporary buying by foreign investors on October 16, selling in certain sectors continues.
Mcap of nine of top-10 most valued firms surges by Rs 3.65 lakh cr; TCS shines
Nine of the top ten most valued firms saw a substantial increase in market valuation last week. The BSE Sensex surged over two thousand points while the Nifty experienced significant growth. TCS, Bharti Airtel, and Infosys led the gains alongside other major firms like Reliance Industries and HDFC Bank. In contrast, Larsen & Toubro was the only firm to report a decline in market valuation.
Around 19 companies including LTIMindtree, Tech Mahindra, IRFC, HDB Financial Services, and Angel One have fixed their record dates for dividends, stock splits, and bonus issues during the week of October 19-23. Investors must hold shares in their demat accounts by the record date to qualify.
Consumer durable demand is showing an uneven festive recovery, with premiumisation and weather-led sales supporting select categories. Siddhartha Khemka picks LG Electronics and Polycab, citing their growth prospects, infrastructure demand and premiumisation. LG has a target price of Rs 2,075, while Polycab has a target of Rs 10,600.
The rental agreement is priced at 694 per sq ft per month, translating to a starting monthly rent of approximately 3.46 crore.
Crypto devices built to foil hackers may have come with spies inside
Malaysian retailer CryptoBilis, a reseller of hardware crypto wallets, has become a focal point of an investigation into thefts from devices meant to secure digital assets offline
10 penny stocks plunge up to 75% in six months
Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crude
Reliance Industries Ltd's Jamnagar refinery in Gujarat supplied six of the seven cargoes unloaded at EU ports that month, despite the bloc's ban on fuel made from Russian crude
AI trade reversal pierces Asias star picks-and-shovels stocks
The pressure intensified last week as oil surged to $110 a barrel for the first time since May, stoking inflation concerns, and investors turned their attention to the trillions of dollars being borrowed to build AI infrastructure
Mega Jio Platforms IPO to lead Rs 31,663 crore offerings this week; 9 listings lined up
Indias primary market is set for a busy week, led by Reliance Jio Platforms Rs 30,213 crore IPO and Paras Healthcares Rs 1,450 crore issue. Both IPOs open on October 21. Nine companies are also scheduled to list, including six on the mainboard and three on SME platforms.
The 8th Central Pay Commission will meet stakeholders in Mumbai on 2223 October 2026 as it considers changes to pay, allowances, pensions and benefits for central government employees and retirees.
Can Nifty, Sensex rally further or will bears reign in? 5 factors to steer market this week
Sensex and Nifty extended gains for a second straight session on Friday, led by IT stocks, which rose for a fourth consecutive session, along with buying in auto, metal and PSU banking stocks. Niftys recovery could continue as long as it holds above the crucial 22,75022,800 support zone.
Planning to update your Aadhaar details? UIDAI accepts different documents for changes to name, address, date of birth, and relationship details. Here is a category-wise list of accepted identity, address, relationship, and DOB proofs.
ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)
ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitability edged lower as FCNR(B) deposits weighed on margins. NIM fell to 4.18%, while treasury operations swung to a loss amid higher government bond yields.
HDFC Bank PAT ticks up 5% amid pressure
HDFC Bank reported a 4.7% rise in standalone net profit for the second quarter, while margin pressure weighed on core profitability. Net interest income rose 9.7% as loans and deposits grew. The lender is also set to welcome a new chief executive this month, ending prolonged succession uncertainty.
Paras Healthcare IPO opens Oct 21, sets price band at 660-693 per share
Paras Healthcare has fixed the IPO price band at Rs 660-693 per share for its Rs 1,450 crore issue, which opens on October 21. The offering includes a fresh issue of Rs 500 crore and an offer for sale worth Rs 950 crore. Proceeds will be used mainly to repay borrowings.
Ixigo Q2 profit jumps to 63 cr; revenue up 13%
Ixigo's financial report reveals a net profit of 63.42 crore for the July-September period, indicating robust performance. The company enjoyed a 13% increase in operational revenue, totaling 320.96 crore. Their hotel segment excelled with a Gross Bookings Value surpassing 100 crores, reflecting a remarkable 159% year-on-year growth and driving significant revenue increase, largely from its loyal user base utilizing various transportation services.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong loan demand and enhanced asset quality. The bank's net interest income increased by 11.8% year-on-year, totaling 15,371 crore, while overall advances rose by 23% compared to the previous year. The stability in the bank's net interest margin emphasizes its positive financial trajectory.
YES Bank Q2 profit rises 65%; AT1 hit may risk 5,217 cr loss
YES Bank's net profit increased by 65% to 1,080 crore in the second quarter, driven by higher income. However, factoring in a Supreme Court judgment could lead to a post-tax loss of 5,217 crore. The court upheld a ruling concerning the bank's AT1 bonds, impacting its financial reporting. The bank's auditors noted that the financial outcomes might have been significantly different without this recognition.
IDBI Bank Q2 net profit slides 39% to 2,205 crore
IDBI Bank witnessed a substantial 39% drop in net profit for the September quarter, primarily driven by decreased non-interest earnings. This follows a previous year where profits were significantly elevated by one-time gains. Nonetheless, net interest income saw a 29% increase year-on-year, indicating solid operational stability, although operating expenses surged by 19%. The bank's privatization, through the sale to Fairfax, aims to enhance performance and profitability.
Understand the difference between basic pay, grade pay and pay level under the 8th Pay Commission. Learn how the 7th Pay Commissions pay matrix works, what employee unions are demanding and how the fitment factor could affect revised salaries.
Mutual funds reshuffled their stock portfolios in September 2026, with notable changes in holding values and shareholding quantities across companies. Here's what these shifts reveal about fund managers buying and selling activity.
The 8th Pay Commission fitment factor could determine revised basic pay for central government employees. Compare salary calculations at proposed multipliers of 4, 3.833 and 3.80, understand union demands and check what the estimates mean for your salary.
From Assam to Bihar, Kerala, Odisha, Punjab, Tamil Nadu, Telangana, Sikkim, West Bengal and more we check the full list of states that announced DA and DR hikes for employees and pensioners in 2026.
BSNL employees raised demands for wage revision, 7th CPC-linked wages for casual labourers, higher retirement contributions, revised allowances, and festival advances at the 41st National Council meeting. Here's what was discussed and what the management said.
Keralam DA, DR hike: Government raises rates from 35% to 37%; here's when the payments will begin
Keralam has raised Dearness Allowance (DA) and Dearness Relief (DR) from 35% to 37% for eligible state government employees and pensioners. Revised payments begin in November 2026, while separate government orders will clarify arrears due from January 1, 2026.
Insurance reforms: Why claims matter more than distribution costs
As Irdai weighs changes to insurance distribution, rising health claims disputes and gaps in grievance redressal underscore the need for stronger insurer accountability, fairer claims settlement and better policyholder protection.
There are at least 4 national holidays this week; customers are advised to check their local holiday calendar before heading to their bank branch.
YouTubes new rules pose survival test for Indias clipping firms
YouTubes move to reduce the reach of clips that make minimal changes to existing videos could reshape distribution strategies, campaign economics and the balance between reposting content and adding creative value.
Central government employees await the July 2026 DA/DR hike, with no announcement as of October 16. Past revisions were announced between late September and October, raising hopes for a festive-season decision. However, history offers no guarantee of when the Centre will announce the hike.
The government announced a productivity-linked bonus for postal employees for 202526. Details here.
DLF is targeting growth through residential pre-sales, improved profitability and expansion of its commercial rental business. The developers second-quarter net profit rose 10% to 1,301.35 crore, though pre-sales declined. It has set a sales target of about 20,000 crore for FY27.
Hyderabads consumer commission directed SBI to pay a retired scientist 15.35 lakh after finding deficiency in service over his matured fixed deposit. Details here.
ICICI Bank Q2 net profit up 22% to Rs 16,333 cr
ICICI Bank announced a significant 22.28 per cent increase in its consolidated net profit, reaching Rs 16,333.18 crore for the September quarter, primarily fuelled by a 30 per cent jump in its loan portfolio.
Inside Reliance Jio 6G roll out plan: Check role of existing network infra of 360,000 telecom towers
Reliance Jio plans to expand overseas by offering its internally developed telecom technology as managed services, drawing on 7,220 patents. It also aims to use existing network assets to support 6G, grow home broadband to 100 million households and build on a 530-million-subscriber base.
HDFC Bank Q2 Profit Up 6%; New MD Bagchi to Tackle Balance Sheet, Retail Challenges
HDFC Bank reported a 5.55 per cent increase in consolidated net profit to Rs 20,700 crore for the September quarter, with incoming MD and CEO Anup Bagchi indicating a focus on strengthening the balance sheet and addressing retail vertical concerns post-merger.
We look at the prospects of ICICI Prudential Asset Management Company (AMC), Latent View Analytics, Rashtriya Chemicals and Fertilizers and IRB Infrastructure Developers
US Market Outlook: Indices knocked down
Dollar and Treasury Yields also give up their gains
Nifty 50 outlook for the week: Out of the woods
The rise last week keeps the broader sideways range intact
Should you subscribe to Zetwerks IPO?
Zetwerks scale, order inflows and manufacturing opportunity are compelling, but persistent losses, execution questions and a rich IPO valuation leave little room for error
Crude Check: Bulls gain strength
Traders can buy MCX crude futures
Bullion Cues: Weakness may deepen
Recovery unlikely to sustain
F&O Tracker: The tide is turning
Reversal patterns emerge in Nifty 50 whereas Nifty Bank is testing a crucial barrier
Yes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said it could have posted a loss of Rs 5,217 crore had it accounted for the Supreme Court ruling setting aside its Rs 8,400 crore AT1 bond write-off. The bank is evaluating the ruling's financial implications and possible legal options.
Centre caps trade margins on 137 cancer drugs, prices likely to fall by up to 70%
The NPPAs new rules target markups of up to 700% in some cases, covering widely used immunotherapies and targeted cancer treatments. Revised prices will be effective from 9 November.
