4 lanes, 6 lanes, 60m or 70m wide? How NHAI will decide the size of your next highway
India's NHAI will standardise high-speed national highways based on traffic assessments, focusing on safety and efficient movement.
Salaries, minimum wage, incentives, insurance for contractual DTC drivers in focus amid strike
Delhi Transport Minister Pankaj Kumar Singh reviewed concerns and demands about salaries, minimum wage, incentives, and insurance raised by contractual drivers working under the DTC's Cluster Bus Scheme. Here's a look:
US Market Outlook: US 10Yr Yield: 6% ahead
Strong bullish pattern on the charts keeps the upside open for more rise
Index Outlook: Some more downside
Crucial supports are coming up which can halt the fall and trigger a reversal
Holiday still a working day: Why are banks open on Sunday?
To reduce the impact of the strike on customers, the government has directed all Public Sector Banks and Regional Rural Banks to function normally on Sunday, September 27
Maharashtra has activated Trigger-1 under its Drought Management Code 2016 to initiate relief measures in drought-affected areas. We take a look at the financial relief measures announced by the state government.
NSE CEO Ashish Chauhan stated there have been no talks with the government regarding the new Merchant Discount Rate for UPI payments, which he claims is a matter for brokers and clients to resolve. The new MDR framework takes effect on October 15, impacting capital-market transactions.
Odisha govt to clear pension dues of over 20 lakh beneficiaries by October Here's all we know
The Odisha government is set to clear pension dues of 20.33 lakh beneficiaries covered under the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) by October, state minister Nityananda Gond said.
With passive investing, funds track market indices, reducing the need for individual stock selection. Read more to find out.
8th pay commission: Here's how to apply for official state visits in Mumbai and Bengaluru
The 8th central pay commission (CPC) has announced official meetings and state visits as part of its consultation stage. Since March, the commission has conducted multiple state visits to meet employee representative groups, unions and stakeholders.
Aluminium extrusion industry warns of factory closures as production falls
Production has declined to 8-9 lakh tonnes from around 12 lakh tonnes earlier, against an installed capacity of about 30 lakh tonnes
The organisation clarified it seeks no advance payments but wants the pending process completed to settle arrears and revised salary payments. It urged expediting the July 2026 Dearness Allowance (DA) declaration, with estimates indicating a rate increasefrom 60% to 64% based on CPI data.
Same playbook, different numbers: Why FPI selling may not be the story it looks like
Indian equities extended their losing streak as elevated crude, US Treasury yields, geopolitical risks and FPI selling weighed on sentiment. However, foreign investors continued backing IPOs, selectively buying debt and mid-small caps, suggesting portfolio selectivity rather than a broad withdrawal from Indian markets.
DA news update: Punjab government has notified an 8% dearness allowance hike for state government and pensioners, effective from 1 September, as per an official statement from the chief minister's office.
Property bought for 48 lakh, stamp value 58.7 lakh: Why ITAT cancelled 70,700 tax penalty
A recent ITAT ruling emphasizes that property transactions below stamp duty value can trigger tax scrutiny. A Ghaziabad taxpayer faced penalties for not reporting a 10.7 lakh difference, but the ITAT later overturned the penalty, citing the taxpayer's lack of intent to conceal income.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an offer for sale by its promoters. The Haryana-based firm, established in 2005, focuses on infrastructure projects such as roads and bridges. Proceeds from the IPO will support working capital and repay borrowings, among other corporate purposes.
J Infratech files draft IPO papers for 600 crore fresh issue, 1 crore OFS
J Infratech Ltd, an integrated infrastructure engineering, procurement and construction (EPC) firm, has filed preliminary papers with the market regulator Sebi for an initial public offering (IPO) comprising a fresh issue of shares worth Rs 600 crore. Apart from the fresh issue, the company's proposed IPO comprises an offer for sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Friday. The Haryana-based company may also consider a pre-IPO placement of up to Rs 120 crore. In case the placement is completed, the size of the fresh issue will be reduced accordingly. The proceeds from the IPO will primarily be utilised to meet working capital requirements, repay or pre-pay certain borrowings and for general corporate purposes. J Infratech is an integrated infrastructure engineering, procurement and construction (EPC) company focused on roads, highways and bridges, with experience in executing large-scale road development proje
Tax audit deadline 30 September: 5 things taxpayers should do as professionals seek more time
The tax audit deadline for AY 2026-27 is 30 September 2026, while professional bodies are seeking more time. Taxpayers should not wait for an extension and must complete reconciliations, verify records, review disclosures and ensure the tax audit report is approved on time.
Ajay Devgn's 47.5 crore Juhu bungalow gets BMC stop-work notice: Here's why
The dispute revolves around the proposed commercial use of a strictly residential property.
Yamuna Expressway Industrial Development Authority (YEIDA) is now accepting applications for 19 institutional plots, including 10 school sites and nine corporate office plots. The application deadline is October 16, with the auctions scheduled to take place in November.
Augmont Enterprises empanelled by NSE to promote Electronic Gold Receipts
Partnership aims to support EGR creation and extinguishment and promote trading in electronic gold receipts
NSE partners with Augmont to simplify Electronic Gold Receipts, boost gold market participation
Partnership expected to make it easier to convert physical gold into EGRs and convert the receipts back into physical gold within the regulated ecosystem
EU warns of energy 'price crisis,' asks countries to consider curbing demand, letter shows
While the EU is better prepared now than it was in winter 2021 when Russia squeezed Europe's gas supplies by reducing deliveries, governments must step up preparations for this winter
Nifty ended at 23,140.50 after an eighth consecutive weekly decline, with technical indicators remaining bearish. Analysts identify 23,300 as key resistance and 23,000 as options-based support, while Pharma and Healthcare remain relatively stronger amid persistent global market pressures and volatility.
Sanofi India receives Rs 23.74 crore GST show cause notice
Karnataka GST authorities allege excess input tax credit claim for FY2022-23; company says it is examining the notice
Can legal heirs be liable for a deceased parents income tax dues? Experts explain
A parents death does not automatically erase income tax dues. Under Section 302 of the Income-tax Act, 2025, legal heirs may be liable, generally to the extent of the deceaseds estate. Know when personal liability can arise and what heirs should do.
Highness Microelectronics receives Rs 6 crore order for medical displays and equipment
Purchase order from Premia Solutionz covers supply of medical displays, equipment accessories and backlight units, with execution scheduled over 16-20 weeks
Bitcoin rebounded to around $84,000 after briefly crossing $86,000, while Ethereum traded near $2,688. Bitcoin gained 3.6% weekly, supported by positive ETF flows and reduced uncertainty after the US Federal Reserve
Nifty at key 23,000 support: Can bulls trigger a technical rebound?
Nifty extended its losing streak to seven weeks, falling 0.88% to 23,140.50 as technical momentum remained bearish. The 23,00023,200 zone is crucial support, while 23,375 and 23,600 are key resistances amid heightened volatility and derivatives expiry.
Debt-to-income ratio explained: How lenders assess your repayment capacity
Debt-to-income ratio (DTI) is an important measure lenders consider when assessing a loan application. It compares monthly debt payments with gross income and indicates a borrowers existing debt burden. Check how to calculate DTI, and improve the ratio before applying for a loan.
Oracle layoffs offer a warning: 5 money moves to make before the pink slip arrives
Oracle has laid off several employees in its cloud infrastructure division recently, reflecting its ongoing restructuring amid increased focus on AI. Here's how to secure your finances if something unfortunate like this happens.
Gold may rise to $5,000/oz in H1 2027 after near-term consolidation: ICICI Bank
The bank expects gold to trade in the $4,200-$4,600 per ounce range for the rest of 2026, with a marginal upside bias in the first half of 2027
FIIs, MFs raise stakes in 10 stocks; shares gain up to 40% in 3 months
FIIs and mutual funds raised holdings in several Nifty 500 stocks during the June 2026 quarter. Seven stocks subsequently gained 15%-41%, highlighting increased institutional interest across sectors.
Rupee gains from FCNR (B) boost reverse in September amid higher crude oil prices: RBI bulletin
The Indian rupee, previously buoyed by FCNR(B) deposits, depreciated as crude oil prices rose. Will the pressure on INR ease in the near future? Here's what RBI DG said in an article published in the central bank's bulletin.
Central government DA, DR update: Employee body urges early decision on the July 2026 revision
Central government employees have sought an early announcement of July 2026 DA and DR. The revised rate is effective from 1 July, while the widely discussed 64% figure remains an estimate until the government formally approves it.
Five SIFs have delivered double-digit returns since inception, led by Quant Mutual Fund
Vishal Nirmiti IPO to open on Sep 30; price band fixed at Rs 208-220
Vishal Nirmiti Ltd is gearing up for its initial public offering, setting a price range of Rs 208 to 220. The IPO is scheduled to commence on September 30 and conclude by October 5, featuring both a fresh issue and an offer for sale. The proceeds will be allocated toward enhancing working capital and addressing corporate requirements.
Multiple mutual funds, same stocks? Heres how to check for portfolio overlap
Portfolio overlap can reduce the diversification investors expect from holding multiple mutual funds. Identical top holdings, particularly across large-cap schemes, can concentrate risk, duplicate expenses and limit portfolio benefits despite owning several funds.
Mutual fund SIPs did better than lumpsum across 5 equity categories in 2 years. Check details
Over two years, SIPs outperformed lump-sum investments across equity fund categories, with the gap widest in smallcap funds. SIPs delivered positive average returns even where point-to-point returns remained muted or negative.
Bl.Changemaker awards 2026, Changemaker Social Transformation: Project Sambandh
Bl.Changemaker 2026: Armman wins Digital Transformation award
Bl.Changemaker awards 2026, Changemaker of the year: Purnima Devi Barman
businessline Changemaker awards 2026, Social Transformation: Sankara Eye Foundation
Baanganga Gold & Diamond files DRHP for Rs 720 crore IPO, fresh issue pegged at Rs 540 crore
Baanganga Gold
GIFT Nifty goes into overdrive, hits all-time high in volume and open interest
GIFT Nifty recorded a record single-day volume of 457,999 contracts worth $21.18 billion on September 24, 2026. Open interest also hit an all-time high, highlighting growing activity since full-scale operations began in July 2023 at NSE IX.
Senior citizen wrongly paid tax on tax-free bonds: What the 9.91 lakh ITAT case means
A senior citizen who mistakenly paid 9.91 lakh tax on interest from tax-free bonds has received relief from the ITAT. The case highlights Section 10(15), tax return errors, Section 154 rectification and important lessons for taxpayers.
Deon Energy files draft papers with Sebi to raise funds via IPO
Deon Energy, an Ahmedabad-based solar EPC firm, is set to launch an IPO to gather capital. This offering will feature a fresh equity share issue coupled with a promoter's sale of shares. The funds raised aim to establish a 30 MW solar power plant in Gujarat while also boosting working capital and covering essential corporate expenses.
The rupee is expected to fluctuate between Rs 94.5 and Rs 96 against the US dollar in the short term. Despite significant dollar inflows via FCNR deposits and external borrowings, substantial appreciation is elusive as these funds primarily bolster the Reserve Bank of India's reserves. A variety of factors affect the rupee's movement, indicating that no single factor can be pinpointed as the main influencer.
PGIM India
Indias bond market performed well, equities to become attractive again: RBIs Poonam Gupta
Digital Desk | New Delhi, Sep 26 (IANS) As the US bond yields rose to their highest level in 22 years, Indias bond market has also performed well in recent years, both compared to its past performance and in comparison with most other countries, the Reserve Bank of India's (RBI) Deputy Governor Poonam Gupta has said. In the RBIs September Bulletin, she said that the relative strength of the bond market is due to the fiscal commitment of the government, and the projected sustained high economic growth rates that would make the fiscal outcomes even better going forward. Credibility of monetary policy, declining structural pressures on inflation have contributed as well. So much so, that for its orderly bond markets, the Economist has remarked that, Indias experience shows the importance of cleaning up public finances and letting central bankers fight inflation in peace. The equity markets, on the other hand, have not tracked the same optimism, said Gupta. This is plausibly because of a relatively more promising AI-led story in certain other economies. While the Indian equity market witnessed an exceptional run of its own, roughly from June 2022 to September 2024, some other economies are having a better run now, she mentioned. Eventually, the promise of the underlying real economy would reassert itself. Going by the past experiences, it is only a matter of time before Indian equities look relatively more attractive again, she said. This brings us to the issue of Indias balance of payments (BOP) and the direction of rupee. The question often asked is whether the BOP and the exchange rate are reflecting the underlying economic strengths, she noted. India has traditionally run a small current account deficit (CAD) and a larger capital account surplus, resulting in a net positive BOP. Its CAD as percent of GDP has declined over time, bringing resilience to the BOP. Furthermore, the CAD levels have remained far below the levels generally considered to be prudent for emerging market economies. Net services exports and remittances remain its great structural strengths, said Gupta. Together, they are large and resilient enough to absorb the merchandise trade deficit and keep the CAD contained at below 1 per cent of GDP, she added.
SAIL signs MoU with BCCL for joint development of coal blocks
SAIL has signed an MoU with BCCL for the joint development and operation of SAIL's Indikatta Ramnagore and BCCL's East of Damagoria (Kalyaneshwari) coal blocks in West Bengal.
From September 28 to 30, 2026, a proposed nationwide bank strike may disrupt in-branch services in India. Here are the steps taken by the government to minimise nationwide disruptions.
JSW One Platforms files draft papers for Rs 3,054 crore IPO
JSW One Platforms Ltd has submitted its draft documents to SEBI for a substantial IPO, targeting to generate Rs 3,054 crore. This offering comprises a fresh share issue of Rs 1,300 crore alongside an Offer for Sale totaling Rs 1,754.01 crore. Funds raised will enhance marketing, boost capital, upgrade technology, and support various corporate initiatives.
Aditya Birla Sun Life Mutual Fund suspends fresh subscription in 3 international funds
Aditya Birla Sun Life Mutual Fund has suspended fresh subscriptions in three international funds from September 24, 2026, after briefly reopening them. Existing systematic transactions continue. The funds have delivered strong recent returns, outperforming benchmarks over six months and three years, with combined assets under management of Rs 832 crore as of August 2026.
Dhanuka Agritech launches new products for domestic market
Dhanuka Agritech announced the launch of two new products as detailed below:
Promoter Group commits capital infusion of Rs 650 cr into Aequs
By way of subscription to convertible warrants
NTPC Green Energy commissions 81.34 MW solar capacity at Bikaner, Rajasthan
The current commercial capacity of NTPC Green Energy Limited group stands at 10,977.23 MW. With the addition of this capacity, the total installed capacity of the NTPC Green Energy group increases to 11,058.57 MW.
Explained: Which mutual fund ratios should investors check before investing?
Mutual fund risk ratios help investors assess a scheme beyond past returns. Key measures include alpha, beta, R-squared, Sharpe, Treynor, information, Sortino and semi-standard deviation, offering insights into volatility, consistency and risk-adjusted performance.
Give blood, buy bonds: Countries get creative in hunt for cash
Romania is tapping retail investors through an unusual blood-for-bonds program, offering donors access to government securities with yields above standard rates. The initiative has raised $604 million since 2025 while addressing blood shortages. As governments worldwide seek household savings to fund rising deficits, policymakers are increasingly using incentives, marketing and tax breaks.
Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strength
Upcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US stock market. Rising Treasury yields spark concerns about potential downturns if this trend persists. Analysts anticipate the payrolls report will indicate job growth, which could directly sway Federal Reserve policy. Should job numbers surpass predictions, immediate market reactions may reflect rate hike anxieties.
RCFL bags Rs 797-cr order from Larsen & Toubro
Rashtriya Chemicals and Fertilizers (RCFL) said that it has awarded a purchase order worth Rs 797 crore to Larsen & Toubro for revamp of its ammonia plant for reduction in specific energy consumption.
SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
Chipmaker SK Hynix's Solidigm is exploring a monumental initial public offering potentially worth $150 billion, aiming to secure approximately $15 billion. Currently in the early phases of planning, Solidigm specializes in NAND flash memory and solid-state drives, vital for AI technologies. This IPO has the potential to become one of the largest in semiconductor history in the U.S., alongside considerations for a new manufacturing facility in upstate New York.
Biscuit maker Anmol Industries files for $188 million IPO
Anmol Industries has embarked on its journey to the stock market with an initial public offering planned at a valuation of up to 18 billion rupees. Established in 1994 and predominantly owned by the Baijnath Choudhary
Bond market performed well, equities less so: RBI Deputy Governor Poonam Gupta on what lies ahead
India's bond market has outperformed many other nations in recent years, while equities lag behind. RBIs Gupta notes in RBI's bulletin about what lies ahead for the stock market.
Top 5 most recent 8th Pay Commission updates: Mumbai visit, Bengaluru meeting and more
The 8th Pay Commission has announced its visit to Mumbai for October 22-23, 2026, and its meeting in Bengaluru for October 78, 2026. Here are the five latest official updates, including consultant guidelines, visits to Jaipur and Chandigarh, and what employees and pensioners should know.
Forex reserves drop to $781 billion after hitting a peak of $785 billion
In the week ending September 11, India
Rupee recovers as large public sector banks sell US dollars
The Indian rupee appreciated by 15 paise, closing at 95.81 against the US dollar on Friday. This recovery was supported by actions from the Reserve Bank of India, which intervened in the currency market. The benchmark bond yield increased to 7.14%, the highest in four months, which influenced currency stability. Market analysts noted external financing requirements were putting pressure on the rupee's value.
How Trumps diesel ban threat is making US exports more profitable
Europe is desperate for diesel after the Iran war led to a swath of lost supply and attacks on Russian oil refineries by Ukraine added to tightness in the global market
Battered bonds draw support from falling oil prices
US Treasury yields fell slightly while oil prices decreased following hopes for a US-Iran truce. Stock markets remained strong, driven by optimism in the AI sector and potential energy supply improvements. Consumer sentiment in the US dropped to a four-month low due to inflation concerns affecting purchasing power. The dollar weakened against the yen but remained firm against the euro amid expected Fed rate hikes.
Oil prices slide about 2% as US, Iran explore path out of war
Oil prices have dropped roughly 2%, influenced by signs of diplomatic advancement between the US and Iran concerning the Strait of Hormuz. As negotiations unfold, the US is contemplating a ban on diesel exports, impacting crude oil futures. Meanwhile, escalating assaults by Houthi fighters are hindering oil supply from Saudi Arabia, while ongoing Russia-Ukraine discussions may further shake global energy markets.
Mounting rate hike bets keep weekly loss in sight for gold
Gold prices rose slightly on Friday but are set for a weekly decline of 2.1 percent. Factors such as inflation worries and rising US Treasury yields have negatively impacted the allure of gold as a safe haven for investors. The Federal Reserve's recent interest rate hike has raised concerns about future increases, further affecting gold's market perception.
European shares log weekly gains as oil prices ease, Mideast tensions linger
European markets rallied as declining oil prices broke a three-week slump. Despite lingering investor caution due to geopolitical tensions in the Middle East and rising bond yields, the pan-European STOXX 600 index saw gains, primarily fueled by strong performances from banking and airline sectors. However, concerns over energy costs remained a factor impacting German consumer sentiment in October. Noteworthy stock advancements included companies like Konecranes and Glencore during this period.
Crude oil price dips as traders weigh US-Iran Hormuz talks, supply risks
West Texas Intermediate futures trade below $94 a barrel
ArMee Infotech IPO subscribed 2.62 times
The offer received bids for 1.81 crore shares as against 74.30 lakh shares on offer.
JSW Energy bags turbine-generator order for 1,600 MW Salboni Phase-II
JSW Energy's subsidiary JSW Thermal Energy has ordered two 800 MW turbine generators from Toshiba JSW Power Systems for Phase-II of the Salboni project.
Balrampur Chini Mills gets Rs 75 crore BioE3 grant for PLA co-polymer R&D facility
Grant from BIRAC under the Department of Biotechnology's BioE3 initiative will support a 100 TPA pilot-scale R&D facility at the company's Kumbhi complex in Uttar Pradesh
Aban Offshore reports consolidated net profit of Rs 83.72 crore in the June 2026 quarter
Sales rise 44.43% to Rs 165.26 crore
EPF balance not showing on member passbook? Here's why this happens and when you should worry
If your EPF is not displaying on the member portal, it may simply be a technical or processing issue, which in most cases can be fixed. Here's why this happens and when you should worry.
Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, 26 September
Bank holiday today, 26 September: SBI, HDFC Bank and ICICI Bank branches are closed as it is the fourth Saturday. Public sector banks and RRBs will operate on Sunday, 27 September, ahead of the proposed nationwide bank strike from September 28-30.
JSW One Platforms files draft papers for 3,054 crore IPO
The proposed IPO comprises a fresh issue of equity shares worth up to 1,300 crore and an Offer for Sale of shares worth up to 1,754.01 crore
India should allow exchanges to list on own platform, NSE chairman says
NSE accounts for about 93% of Indias cash-market trading and nearly 75% of options
Closing an unused credit card? Experts explain how it can affect your credit utilisation
An unused credit card may seem unnecessary, but closing it can reduce your total available credit and increase credit utilisation. Before cancelling a card, borrowers should consider its annual fee, benefits, credit limit, outstanding balances and role in their credit profile.
India's urea self-reliance push draws 17 proposals worth 2 trillion
The proposals, being examined by the department of fertilizers, cover new plants as well as expansions of existing facilities and come under the governments new National Investment Policy for Urea (Nipu)-2026.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created investor uncertainty throughout the week. Various industries are under scrutiny regarding their prospects related to artificial intelligence advancements. Additionally, traders faced a potential interest rate increase by the Federal Reserve in October.
The Income-tax Act, 2025 largely retains the existing tax treatment of VDAs, including the 30% tax and 1% TDS. However, section numbers have changed and a new reporting framework for crypto transactions will require investors to maintain detailed transaction and wallet records.
Virtual pharma API firm HRV preparing for IPO, DRHP likely in H1 of 2027: Sources
HRV Pharma CEO Hari Kiran Chereddi says investing in capacity at partner facilities, exploring acquisitions for market access; forecasts Rs 1,000 crore revenue in FY28
Anthropic investor Lonsdale says AI firms stoking fear to sway policy
Joe Lonsdale, an investor in Anthropic, expresses concerns about AI companies influencing public policy and regulation. He warns against the dangers of allowing a few companies to dictate industry rules. Lonsdale acknowledges the talent at Anthropic and its leadership role in AI development, highlighting his support for the company. In addition, he discusses potential acquisitions in Ukrainian defense technology amid ongoing conflict.
Gold ETF vs Gold FoF: How do they differ and which one costs more?
Gold ETFs trade live on stock exchanges, whereas Gold FoFs are bought and redeemed through mutual fund platforms at end-of-day NAV
ICAI warns CAs: Plan ahead as 3-day bank strike overlaps with September 30 compliance deadlines
The apex accounting body highlighted that the proposed bank strike comes at a time when several important statutory and regulatory compliance deadlines are approaching
Nifty logs longest weekly losing streak since Covid-19 crash in 2020
Brent crude's 11% weekly plunge and a hardening 10-year bond yield weighed on insurance stocks; PB Fintech craters 33% on IRDAI reform fears

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