19 C 
A Bengaluru court ruled that a wifes qualifications, social media profiles or potential employability do not prove financial independence or automatically disqualify her from maintenance.
Early Diwali cheer: Markets see fireworks; rupee rises, bond yields ease
The Nifty rose 2.4% to 24,536.60, while the Sensex gained 2.6%, as falling crude prices and strong foreign investor inflows lifted financial and auto stocks despite record DII selling.
Reserve Bank of India may hike rates by up to 75 bps more: Uday Kotak
Uday Kotak expects another 50-75 basis points of repo rate hikes and warns of prolonged Middle East risks, but sees Indian equities well placed to attract foreign investors.
There are several questions unanswered, including how the investors' accounts were accessed, who authorised the bulk liquidation of their US stock holdings and why the proceeds were allegedly channelled into concentrated positions in thinly traded Chinese securities.
Airtel Q2 net profit up 24% to Rs 10,710 crore
Bharti Airtel has reported a significant 24 per cent increase in consolidated net profit, reaching Rs 10,710 crore for the September 2026 quarter, driven by higher per-user revenue following mobile tariff adjustments and strong customer additions.
Incorrect details in your provident fund records? Here's how to correct them on EPFO member portal
Errors in EPF records, including incorrect names, dates of birth or employment details, can delay withdrawals and claims. Members can request eligible corrections through the EPFO portals joint declaration facility. Details here.
LIC has asked Irdai for global-style caps on distribution costs and more time to meet them, while saying it backs the push for lower costs. Its quarterly profit rose 20.1%, and it doesnt expect the IDBI Bank stake sale to hurt its bank sales much.
Trai proposes framework for satellite-to-phone services
The new framework will allow satellite companies to provide network infrastructure and capacity to telecom operators. It would allow telcos, satellite communication providers to expand their offerings and tap new revenue streams, once permitted.
Paras Healthcare posts Rs 40 crore Q2 net profit in first results after listing
Paras Healthcare announced a profit after tax of Rs 40.35 crore in the September quarter. This performance shows a significant increase from the net profit of Rs 12.38 crore reported last year. Revenue from operations reached Rs 510.89 crore, with expenses at Rs 463.12 crore during the same period. The company utilized a portion of its IPO proceeds to strengthen its balance sheet.
Prices drop at FCIs wheat sales in major growing States as Indian govt doubles quantity
Barring Maharashtra, prices declined by Rs 59-344 a quintal this week, when 1.99 lakh tonnes were offered
The Supreme Court upheld rules allowing deduction of pension earned from previous government service when calculating salaries for certain re-employed officials. Details here.
Q2 Results Today, 05th November 2026 Highlights: businessline brings you the latest quarterly earnings, outlook and more.
The successful completion of the trial run is expected to pave the way for the underpass's formal opening, potentially bringing relief to residents of Greater Noida West and daily commuters travelling through the junction.
Godfrey Phillips Q2 profit down 37% to Rs 190 cr; revenue up twofold at Rs 4,198 cr
Godfrey Phillips India Ltd reported a significant 37.73 percent decrease in net profit for the September quarter, primarily driven by a substantial tax increase from the previous fiscal year. Despite this, the company's total consolidated income surged to Rs 8,139.64 crore during the first half of FY27. To counteract the volumetric impact from rising taxes, a tactical pricing strategy was implemented.
FPIs were net buyers in 2nd half of Oct, pumped 13K cr into equities
Overseas investors bought heavily into IT and telecom stocks, but remained net sellers for October, with total equity outflows of 34,843 crore
Qualcomm shares 9% slump as weak smartphone chip sales overshadow data-center momentum
Qualcomm's shares dropped significantly in early trading following disappointing smartphone chip sales. The company's largest business segment faced a 26% revenue decline, leading to lower overall chip sales. While Qualcomm's investments in data-center and automotive chips strengthen its growth potential, analysts remain skeptical about immediate earnings. Brokerages have reduced their price targets on Qualcomm's stock after recent results were released.
Elon Musk gambled $445 million to boost Republicans in midterms and came up short
Elon Musk's hefty USD 445 million investment in Republican candidates did not yield the desired electoral success, as Republicans faced significant losses, ceding control of Congress. This setback has prompted Democrats to contemplate investigating Musk's business operations. Critics have denounced his financial influence in politics, highlighting the risks of affluent individuals shaping policy. Anticipated changes in Texas's Democratic leadership suggest intensified scrutiny of Musk's ties to the state.
Jewellers expect fall in gold prices to boost Dhantera sales
Coins and bars are expected to lead sales, driven by investment sentiment and gifting traditions, say stakeholders
Market watchers cited declining U.S. yields, renewed risk appetite from foreign inflows, and bargain buying as the currency climbed for a fifth straight session, with eyes on nearby 94.00 support and 94.90 resistance
Emerging market outflows hit $33.8 billion, US midterms offer some relief
October witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March. Almost all of this outflow consisted of equities, severely impacting Taiwan. While Emerging Asia grappled with major losses, Latin America encountered minimal setbacks amid election-related volatility. Additionally, Chinese stocks continued to see foreign sell-offs for the fifth consecutive month.
A Delhi passenger who missed his Bengaluru-bound flight after alleging delays by airline staff has been awarded 71,587 by a consumer commission. The airline claimed he had arrived late for check-in but failed to produce CCTV footage or other evidence to support its position.
US stocks today: Nasdaq falls at open day after midterms rally; chip, data center stocks fall
The Nasdaq opened lower on Thursday as losses in chip and data center-related stocks weighed, while broader markets were muted after a rally in the last session on the back of
Govt bond yields retreat from days lows on profit booking; rupee ends up
Indias 10-year bond yield rebounded from an early low to close at 7.17% as banks likely booked profits and traders waited for Fridays big auction.
Glenmark Pharma Q2 Results: Net profit plunges 56% to Rs 264 crore, revenue down at Rs 4,247 cr
Glenmark Pharmaceuticals experienced a 56.78 percent drop in consolidated profit after tax during the September quarter. Total revenue from operations decreased to Rs 4,247.32 crore compared to the previous year. The company's total expenses also decreased during the same period, indicating some operational efficiency. A subsidiary of Glenmark Pharma entered into a settlement for USD 15 million with Humana Inc.
Gold, Silver, Stocks: Why Bonds Deserve a Place on Your Dhanteras Shopping List
Traditionally, investors have turned to gold and silver on Dhanteras, but this trend is shifting. Recent fluctuations in these precious metals and stock equities have raised apprehensions over their reliability. Bonds present a viable alternative with their assured returns and steady interest payouts, offering stability amid market volatility. By including bonds in their investment strategy, individuals can ensure they meet their financial requirements without rushing to liquidate assets.
Rupee hits over one-month high, 10-year bond yield falls to 7.17%
The rupee closed at 94.47 against the dollar, its strongest level since October 21, while the benchmark 10-year bond yield eased to 7.17 per cent as crude oil prices declined
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mn
Sebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors can now hold up to USD 5 million without establishing underlying exposure. The new guidelines also require FPIs to ensure their short positions do not exceed this limit. For amounts above the threshold, FPIs must have underlying exposure in Indian debt or equity securities.
Fed's Beth Hammack favors gradual rate-hike path to lower inflation
Cleveland's Federal Reserve President Beth Hammack has emphasized the need for additional rate hikes to achieve the target inflation rate of 2%. She proposes implementing smaller, more frequent adjustments to minimize impacts on households and markets. Dissatisfied with the last Fed meeting's outcome, Hammack argues that the current monetary policy lacks sufficient restrictiveness.
Trump's Loss, Wall Street's Gain? What Could Change for AI, Defence, Crypto and Elon Musk
Trump's Loss, Wall Street's Gain? What Could Change for AI, Defence, Crypto and Elon Musk
AMC stocks rebound as equity market recovery lifts earnings expectations
Shares of asset management companies rallied up to 7 per cent as improving equity market sentiment raised expectations of stronger earnings and assets under management growth
US Stock Market Live Updates: Nasdaq futures slip as Qualcomm tumbles 10%; Dow, S&P 500 gain
Bank of England hikes rates to 4%, first raise since 2023, says more may come amid high UK inflation
In a decisive move, the Bank of England has escalated interest rates to 4% amidst spiraling inflation, projected to hit 4.8% in Q2 next year. Governor Andrew Bailey cautioned that further hikes may be necessary, especially with ongoing global conflicts. Market reactions were notably favorable, with the British pound gaining strength against the US dollar. Enhancements in economic data have prompted economists to revise growth forecasts upwards.
Planning to buy gold this Dhanteras? Experts advise caution amid volatility
Restore your target allocation to gold, maintain realistic return expectations, and be prepared for near-term volatility
Marico among 10 stocks hitting 52-week highs; rally up to 14% in a month
Ten BSE 100 stocks, including Marico, Adani Ports, Divis Laboratories and ICICI Bank, hit fresh 52-week highs on Thursday as benchmark indices staged a sharp rally.
Dhanteras 2026 falls on Friday, November 6. Families often shop before the evening puja, when worship during Pradosh Kaal is considered auspicious. Check shubh muhurat for making purchases in your city.
Sebi eases investor accreditation norms, lets fund managers certify status
Sebi has allowed AIF, SIF and portfolio managers to certify investor accreditation, simplifying the process while retaining verification and record-keeping requirements.
Nifty posts best single-day gain since April, crosses 24,500 for first time in three months
Bank Nifty outperformed both, surging 1,860.05 points or 3.33 per cent to close at 57,773.65
Rising oil prices cap India bond rally; traders cash in gains
Indian government bonds saw a rise as traders reacted to a US Treasury rally and falling crude prices. The benchmark 6.94% 2036 bond yield declined by nearly 2 basis points after intraday fluctuations. Oil prices rebounded after initially falling, causing traders to lock in profits. Attention will turn to upcoming inflation data, with expectations for an increase in October.
'It is unfortunate that a Tata is destroying 'Tata': Mehli Mistry
Mehli Mistry has challenged Noel Tata's eligibility to continue as a trustee of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, alleging he holds Irish citizenship, a UAE Golden Visa, and is a tax resident of the United Arab Emirates, seeking an affidavit from Tata on his citizenship and tax residency status.
Diwali cleaning is the perfect time to declutter not just your home but also your finances. A few key checks can help you organise your money and investments, review financial commitments, and bring greater clarity to your financial health.
Bikaji Foods shares rally 4% as Q2 revenue hits 938.5 crore, but margins squeeze on rising costs
The stock rose to an intraday high of 509.90, with 10.56 lakh shares traded (52.66 crore); Market cap: 12,346.26 crore
AI, data-center stocks slip as Democratic sweep clouds expansion plans
AI and data center-linked stocks slipped
Strong GST collections signal resilient growth, but inflation risks linger
Mutual fund NFOs: 6 new funds are open for subscription now. Check key dates and details
Six new mutual fund offerings are open for subscription, including silver ETFs, an energy ETF, a realty index fund and a fixed-maturity plan, with varying investment minimums and deadlines.
D-Street fireworks: Sensex jumps 2,009 pts, Nifty up over 24,500
Indian benchmark indices, the Sensex and Nifty, witnessed a significant rally, with the Sensex jumping 2,009 points and the Nifty surging 576 points. This surge is attributed to a sharp decline in crude oil prices, hopes for a resolution to the West Asia conflict, and the Democratic Party gaining control of the US Congress in the midterm elections.
When Stocks Dampen Festive Cheer, Can Bonds Keep the Celebrations Going?
Investors in India are navigating a challenging landscape as the equity markets descend into significant losses. Selling off assets at this juncture could incur financial damage, yet deferring such decisions may hinder urgent expenses. By maintaining fixed-income portfolios, investors can secure consistent cash flow to address short-term needs. To enhance portfolio resilience, diversifying between stocks and bonds becomes vital for achieving growth while safeguarding capital for future endeavors.
India is planning a 1.31 lakh crore railway corridor connecting Bilaspur in Himachal Pradesh to Leh in Ladakh. Spanning 489 km, the proposed line could feature the world's highest railway station at 17,244 feet and include 270 km of tunnels.
M and M Q2 PAT up 25% to Rs 4,588 cr, auto sales boost revenue
Mahindra and Mahindra Ltd reported a 25 per cent increase in consolidated profit after tax (PAT) for the second quarter, reaching Rs 4,587.88 crore, primarily driven by strong revenue growth in its auto segment despite global commodity price pressures.
Eight leading fund managers share their preferred sectoral bets for Diwali, highlighting opportunities across banking, consumption, healthcare, manufacturing, IT and capital goods. Their picks offer insights into where investors could look for growth and value in the year ahead.
Rupee settles flat at 94.46 against US dollar
Mumbai, Nov 5 (PTI) The rupee settled on a flat note at 94.46 (provisional) against the US dollar on Thursday, as the support from lower crude oil prices was negated by a firm greenback in overseas markets. Forex traders said the Indian rupee is showing signs of near-term stabilisation after recovering sharply against the US dollar in previous sessions. A positive trend in domestic equities and softening of crude oil prices, however, cushioned the downside. At the interbank foreign exchange market, the rupee opened weak at 94.36 and fell further to a low of 94.57 in intraday trade. The unit
11 smallcap stocks maintain over 10% profit margin in Q1 and Q2, shares rally 150-350% in FY27
Eleven smallcap stocks have maintained net profit margins above 10% in both Q1 and Q2FY27, while delivering share price gains of 151% to 352% so far this fiscal year.
Rupee finds its footing as oil worries cool, traders watch flow momentum
The Indian rupee climbed to its highest value in two weeks, following a notable fall in oil prices. This uplifting trend was mirrored by a stark rise in Indian stock markets and a reduction in bond yields. Recently, foreign investments poured into Indian equities, showcasing hefty net purchases. Analysts emphasize that ongoing investment inflows are crucial for bolstering the rupee further, as market sentiment improves amid reduced energy cost pressures.
Equity mutual fund inflows may drop 18% in October as midcap and hybrid funds lose momentum: Nomura
Net equity inflows into Indian mutual funds are estimated to have declined 18% month-on-month to Rs 34,600 crore in October, according to Nomura. While mid-cap and hybrid fund investments slowed, small-cap funds are expected to remain resilient. Large-cap and mid-cap funds are likely to drive inflows. Average monthly equity flows in FY27 so far are estimated at Rs 36,300 crore, below FY26 levels.
Gold 10 grams or silver 1 kg prices over the next 1, 3 and 5 years? Experts share their price outlook for both precious metals and explain what investors should consider before buying and investing in them this Dhanteras.
PhysicsWallah shares zoom as Q2 profit doubles, Motilal sees 57% upside potential
The company reported growth across its online and offline businesses, with online revenue rising 26.4% y-o-y to 694 crore and offline revenue increasing 9 per cent to 541 crore
Eurozone bond yields edge lower as oil prices stabilise, ECB rate bets ease
Eurozone government bond yields edged lower as oil prices stabilised and investors assessed easing geopolitical risks following US midterm elections. However, rising inflation, potential ECB rate hikes and political uncertainty in France continued to shape market sentiment and influence European debt markets.
NSC vs SCSS in 2026: Compare interest rates, five-year returns, investment limits, safety and tax benefits of these government-backed savings schemes. Find out which option offers better maturity proceeds and which provides senior citizens with regular retirement income.
Uttarakhand DA hike: state government employees to get 3% more allowance; check details
Uttarakhand Chief Minister Pushkar Singh Dhami approved a 3-percentage-point dearness allowance increase for state employees, from 60% to 63% of basic pay, effective July 1, 2026.
Multibagger Kissht spurts 8% as AUM tops 10K cr, doubles from IPO price
Kissht shares made their Dalal Street debut in May this year. At the CMP, the stock trades 100 per cent above the IPO issue price of 171.
Nifty Bank jumps 3%, Financials 4%: What's behind the rise? Explained
Nifty Bank index jumped 3.45 per cent to 57,847, with all index constituents in the green. Nifty Financial Services, meanwhile, zoomed 4.24 per cent to 26,667.
Drone Data Powers New Traffic Models For India
Researchers at IIT Guwahati have developed advanced traffic stream models using high-resolution drone data from a Delhi highway. These models are specifically designed to analyse and predict traffic movement under the heterogeneous conditions prevalent on Indian roads, addressing limitations of existing global models. The study aims to improve traffic management, road design, and intelligent transportation systems in India.
Gold ETFs and physical jewellery offer different ways to buy gold this Dhanteras. But which is more cost-effective? Compare brokerage, expense ratio, making charges, GST and other costs to understand how much you pay upfront and over time.
Coal gasification could save India 1.5 lakh crore in foreign exchange in 5-7 years
The proposed projects could enable domestic production of industrial inputs, create jobs and strengthen supply chains in coal-producing regions across India
8th Pay Commission: Is salary revision delayed? Here's where the process stands | Timeline
Following cabinet approval and announcement, the 8th Central Pay Commission was constituted on 3 November 2025. While the official implementation date has not been announced, 1 January 2026 is widely anticipated as the date the new pay scales will come into effect.
Tonbo Imaging India zooms 20%; up 119% against issue price in 2 weeks
Share price of recently listed Tonbo Imaging India hit a new high of 1,533.65 on the BSE in Thursday's trading session.
Nifty crosses 24,500, Sensex gains 2,070 points as crude extends slide; Bajaj finance leads rally
A total of 117 stocks hit 52-week highs against 60 touching 52-week lows, while 213 stocks were locked in upper circuits and 152 in lower circuits, indicating strong but not entirely uniform breadth.
With Dhanteras and Diwali 2026 approaching, Malabar, Joyalukkas, Tanishq and Kalyan Jewellers have listed festive offers on gold jewellery. Here's a comparison of discounts on making charges, gold rate protection, old gold exchange benefits and other deals, along with their validity dates.
Mahindra & Mahindra Q2 FY27 net profit rises 25% to 4,588 crore
Consolidated revenue reaches 57,553 crore in the September quarter, driven by strong SUV sales and a 55% rise in automotive segment profit.
EPFO has reminded pensioners to submit their Jeevan Pramaan, or Digital Life Certificate. Here's how to submit it through three methods, the documents required and how the Aadhaar-based service works.
EPL Q2 Results: Profit rises 4% YoY to Rs 111 crore
EPL reported a notable 4.52% increase in net profit, reaching Rs 110.9 crore for the September quarter of FY27. With revenues from operations climbing to Rs 1,567.4 crore, a 30% year-on-year growth, the Beauty & Cosmetics and Oral Care segments played pivotal roles. Despite higher expenses, the EBITDA margins held strong above 20%. Looking forward, EPL is set to focus on sustained revenue growth and stable profit margins.
22, 24 carat Gold prices up across other cities on November 5
Todays Gold Rate in India November 5: Gold prices up in Delhi, Mumbai, Kolkata, Chennai, Bengaluru
22, 24 carat Gold prices up across metro cities on November 5
Axis Bank has announced Diwali festive offers on car loans, two-wheeler loans, home loans and credit cards. Check out 100% car financing, 30-minute disbursal, EV discounts, reduced processing fees and other benefits.
India bonds climb in step with Treasuries as oil sinks
Indian government bonds increased for the fourth consecutive session following a Democratic win in the US midterm elections. This victory led to a decline in crude oil prices, easing inflation concerns for India. The 10-year US Treasury yield also fell significantly, impacting investors' expectations. A trader noted that upcoming inflation data would be critical for assessing the Reserve Bank of India's rate outlook.
Biocon share price rises nearly 6% despite 52% dip in Q2 profit
Biocon reported a 52% dip in Q2 consolidated net profit at 41 crore, while revenue from operations grew by 2%. The stock recently hit a 52-week low of 318.40 on the NSE.
Nykaa's Q2 fails to impress Street despite 200% rise in PAT; stock falls 2%
Nykaa reported an over 200 per cent rise in consolidated net profit to about 101 crore in the second quarter ended September 30, 2026.
Gold prices in Sangli rose on November 5, tracking gains in global bullion markets after the US midterm results. Check the latest 24K, 22K and 18K gold rates and silver prices ahead of Dhanteras 2026.
Gold in Kolhapur rose 1,660, or 1.16%, on November 5, with 24-karat gold quoted at 14,517 per gram. Indian gold futures also climbed on fresh positions and firm spot demand, while weaker US dollar and Treasury yields supported global prices.
Shriram Finance gains nearly 6% as financial stocks rally after US election outcome
The NBFC heavyweight recorded strong trading activity, with volumes reaching 67.79 lakh shares and its market capitalisation standing at 2.26 lakh crore
US midterm election results have impacted global bond markets after President Donald Trump's Republican Party lost control of Congress. Falling crude oil prices and easing borrowing concerns have pushed bond yields lower in India and overseas. What should Indian bond investors do now?
IDBI Bank's Sale Is A Turning Point For Indian Banking
Banks in a growing economy need patient, long-term foreign capital with good governance to meet credit demand. The direction is right, points out Tamal Bandyopadhyay.
Mercedes-Benz CEO: India to be future export hub, EV sales to surge
Mercedes-Benz CEO Ola Kllenius believes India is poised to become a significant manufacturing and export hub for the luxury carmaker, citing the country's growing market, supplier ecosystem, and engineering capabilities. The company also anticipates electric vehicles (EVs) will constitute a substantial 20% of its India sales by 2027.
The price of gold rose on Thursday in Mangalore, in line with global trends, after Republicans faced a major setback in the recently-concluded US midterm elections 2026.
ICICI Bank shares near 52-week high as allotments signal employee scheme activity
Strong sectoral momentum supported the stock, while fresh regulatory disclosures detailed equity allotments under the banks employee compensation schemes
Lenskart hits 52-week high as street cheers strong Q2 results
The sharp move follows Wednesdays second-quarter FY27 results, which showed consolidated revenue growing 33 per cent year-on-year to 28.5 billion and adjusted profit after tax more than doubling to 2.26 billion.
Gold rallies on softer dollar, easing yields after US midterm results
Spot gold rises 1.6% to $4,123.71; analyst sees potential recovery toward $4,200-$4,400 if support holds
Sitaram Denims India files IPO papers with Sebi
Sitaram Denims India Ltd plans to launch an initial public offering with two components. The IPO includes a fresh issue of equity shares and an offer for sale by promoters. Proceeds from the fresh issue will be used for various purposes including repayment of borrowings and working capital requirements. The company aims to set up a new garment manufacturing facility in Bhilwara to expand capacity.
BSE surges 6.5% mid-morning; analysts divided after strong H1 print
The stock has gained 45.93 per cent year-to-date and 53.61 per cent over the past year. Its 52-week range stands between 2,377.40 and 4,446.80, with the total market capitalisation at 1,56,607 crore.
Can TV serial characters turn viewers into shoppers?
Dangal TV and Flipkart are testing content-to-commerce through Hindi drama Rimjhim, integrating products into storylines. Experts see potential among Hindi-heartland audiences, but say purchases depend on easy mobile checkout, compelling integration and reliable measurement.
HDFC Bank climbs for third straight session, up 12% from last weeks Low
The banking stock has staged a sharp recovery this week, outperforming the benchmark index despite continued selling pressure at higher levels
