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Taco Bell sales fall more than expected on cyclosporiasis outbreak hit
Yum Brands faced a setback in the third quarter as Taco Bell reported declining sales, primarily due to a cyclosporiasis outbreak that sparked customer concerns. While the outbreak severely impacted customer traffic, there was a notable recovery in sales during September and October. Although same-store sales remained flat, falling short of analysts' predictions, the company surpassed profit expectations, boosting investor trust in Yum Brands.
Polymarket unit gets US industry organization's approval to be futures broker
Polymarket has received approval from the National Futures Association for PM Derivatives LLC to act as a broker. This approval allows the company to expand its operations if it obtains further approval from the Commodity Futures Trading Commission. The firm is actively under investigation by the CFTC regarding its marketing practices. Currently, Polymarket serves as a popular platform for betting on various events and elections.
US midterms put Trump-era crypto boom and prediction markets at risk
The US midterm elections could threaten the crypto friendly regulatory environment created under President Donald Trump. A potential Democratic takeover of Congress may bring tighter oversight of digital assets and prediction markets, putting companies such as Coinbase, Strategy and Bullish under pressure as investors reassess the sector's regulatory outlook.
An Income Tax search uncovered 8.66 crore in cash transactions on a woman's computer, triggering a massive tax demand. But ITAT ruled that the expenditure belonged to a real estate company, not the woman, and deleted the tax addition.
Many consumers may not know how to distinguish genuine gold from jewellery containing a higher proportion of other metals. While professional laboratory testing remains the most reliable way to establish gold purity, certain simple checks at home can help identify possible irregularities
PNB and Canara Bank have revised their fixed deposit interest rates from November 1 and 2, 2026, respectively. The changes affect select tenures and returns for general customers and senior citizens, while Axis Bank has also revised rates on bulk deposits of 3 crore and above from November 3.
Markets extend gains for fourth day; FPI buying highest in a year
Nifty up 1.6% on favourable earnings, festival demand
Small-cap mutual funds offer growth potential but carry high risks. Experts recommend allocating 10-20% of equity portfolios to small caps, depending on risk appetite and investment horizon, while preparing for sharp market corrections.
While hallmarking provides an important means of verifying the purity of precious metals, consumers should not rely solely on the appearance of a silver coin. There are several simple tests that can offer preliminary indications of whether a silver coin is genuine.
CleanMax beats Q2 EBITDA estimates, reports strong H1 growth
CleanMax has surpassed analyst estimates for the third consecutive quarter, driven by portfolio expansion and strong business performance. The company reported a 58% rise in H1 EBITDA and a six-fold increase in profit after tax (PAT), highlighting its robust growth momentum and improving financial performance.
Bagmane REIT declares Rs 527cr distribution to unitholders for September quarter
Bagmane Prime Office REIT announced a distribution of Rs 527 crore to unitholders for the September quarter. The company leased 1.2 million square feet during this period, achieving a committed occupancy rate of 99 percent. Most of the leasing activity was directed towards Global Capability Centres in Bengaluru, which highlights their preference for quality assets. The average rent achieved was slightly above the prevailing market rates, reflecting strong demand.
Binance says North Korean hackers stole $6.34 billion funds in a technical breach
Binance reported a cyberattack attributed to North Korea that compromised $6.34 billion in digital assets. Approximately $2.85 billion of the affected assets have since been frozen or intercepted. The attackers utilized fake job interviews and advanced malware to breach Binance's security systems. Subsequently, the company took steps to replenish the lost assets and mitigate the damage caused.
Oil slips after early surge as US-Iran tensions persist, Brent falls 3%
The volatility poses a concern for India as it imports about 90% of its overall crude oil requirements. The import bill in the last fiscal year stood at around $123 billion.
Sebi levies Rs 40 lakh penalty on four entities in Axis MF front-running case
Securities and Exchange Board of India has imposed a total penalty of Rs 40 lakh on four entities. This penalty includes fines on Woodstock Broking and Marfatia Stock Broking for front-running trades. The investigation spanned from April 1, 2021, to March 31, 2022, involving these entities. Evidence indicated that brokers facilitated these trades by providing necessary infrastructure and assistance.
PNB staffer, Pune man arrested in alleged Rs 10.24 crore bank fraud case
An office assistant of Punjab National Bank in Greater Noida and a private individual have been arrested for alleged fraud. The fraudulent activity involved Rs 10.24 crore in unauthorized withdrawals from multiple customer accounts. Punjab National Bank's investigation began after a customer reported suspicious debit transactions in her account. The accused allegedly carried out the transactions over three years using compromised banking credentials.
8th Pay Commission: Will pensioners get 15-year commutation period slashed after high courts say no?
The demand comes after two High Courts, in separate judgments delivered within 18 months of each other, declined to shorten the existing restoration period.
Nexus Select Trusts Q2 NOI rises 8% to Rs 504 cr, consumption up 13%
Nexus Select Trust reported an 8% year-on-year increase in net operating income for the second quarter. The company's retail assets experienced a 13% rise in consumption compared to the previous year. Nexus declared a distribution of Rs 359 crore, maintaining a 100% payout to unitholders for 13 consecutive quarters. The firm is expanding its portfolio with plans to develop a Grade-A mall and hotel in Guwahati.
Loan growth, fall in provisions help SBI profits in Q2
State Bank of India reported a 14% year-on-year rise in Q2 FY27 net profit to Rs 23,038 crore, driven by 18% loan growth, higher net interest income, lower deposit costs and reduced loan loss provisions.
Physical gold and gold ETFs have different capital gains tax rules. While gold ETFs qualify for LTCG taxation after 12 months, physical gold requires a 24-month holding period. Compare tax rates, GST and other costs before investing on Dhanteras 2026.
SBI eyes margin boost from rate hikes, but wary of consumption credit hit
Speaking at the State Bank of Indias September quarter earnings press conference, chairman Setty said government bond yields were already factoring in one more rate hike, suggesting that much of the likely rate movement was already priced in
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling crude prices, renewed FII buying, resilient earnings and expectations of LTCG tax changes boosted sentiment, adding nearly Rs 4 lakh crore to market capitalisation.
CCI clears Kotak-Deutsche deal, KKR vehicle's Gentari investment
Kotak Mahindra Bank has received approval for the acquisition of Deutsche Bank's retail and wealth management business. The acquisition will take place on a slump sale basis from Deutsche Bank's branches in India. This business includes services such as deposits, loans, investments, insurance, and foreign exchange products. KKR-backed Sapphire US Holdco will also subscribe to securities of Gentari Renewables India, which specializes in renewable energy.
Motilal Oswal Financial Services announces leadership rejig; appoints new heads across businesses
Motilal Oswal Financial Services announced major leadership changes across alternatives, retail broking and private wealth businesses. The reshuffle coincides with strong Q2 performance, with operating PAT rising 29% year-on-year to Rs 718 crore.
Silver ETFs have outperformed gold ETFs over one and three years, according to Value Research data. However, gold has proved more resilient during the recent correction. Here are the top-performing ETFs and five risks investors should check before investing.
Tata Motors-Iveco comb0 to form world's 4th largest CV group
Tata Motors and Italy's Iveco have announced their combined enterprise will become the world's fourth-largest commercial vehicle manufacturer, boasting a revenue of Rs 2.28 lakh crore (Euro 21 billion) following Tata Motors' acquisition of an 89.42 per cent stake in Iveco.
US stocks today: S&P 500, Nasdaq open higher as oil prices extend declines, midterms on tap
The S&P 500 and the Nasdaq opened higher on Tuesday as crude oil prices fell further heading into the US midterm elections, while Apple joined the list of Big Tech companies whose
Who protects a music composers legacy post death?
A music label may own the copyright, but a composer's moral rights can survive its transfer. Here's when heirs can demand credit or challenge a distorted remix.
What will new Samvat bring for investors? Experts to discuss at BS webinar
Business Standard Hindi will host a special webinar on Wednesday at noon, bringing together market experts to discuss mutual funds, equities, gold and portfolio strategies
DuPont raises annual profit forecasts on strong healthcare, aerospace demand
DuPont has raised its full-year profit forecasts and projected fourth-quarter earnings exceed analyst estimates. The company experienced strong demand in healthcare, aerospace, and industrial water markets during the third quarter. DuPont's healthcare and water technologies segment reported nearly 4% growth year-over-year, reaching $865 million in net sales. Additionally, the company recently concluded a $250 million share repurchase program and plans to buy back an additional $250 million of shares.
SBI targets 14-15 pc credit growth, govt may revisit LTCG tax amid FPI outflows: Chairman CS Setty
Speaking exclusively to following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth despite concerns over rising borrowing costs and competition for deposits.
Rupee extends gains for third day, settles at 94.75 against the dollar
The rupee appreciated for the third consecutive session, supported by foreign fund inflows into domestic equities, but a rebound in crude oil prices and geopolitical tensions capped gains
NSE Q2FY27 net profit rises 23% to 2,578 crore, revenue grows 10.6%
NSE reports a 23 per cent rise in Q2FY27 net profit to 2,578 crore, though earnings decline sequentially as transaction charge revenue falls 16 per cent quarter-on-quarter
Bata India Q2 Results: Profit rises 30% at Rs 18 crore, revenue rises to Rs 862 crore
Bata India Ltd achieved a 30.4% increase in net profit for the September quarter of FY27. Revenue from operations also rose by 7.54% to Rs 861.78 crore compared to the previous year. The company noted significant growth in profit after tax, driven by higher average selling prices. Bata India aims to maintain this growth momentum despite rising input costs and wage revisions. Shares of Bata India Ltd increased by 1.
According to Tanishqs official website, gold prices across different purity categories increased on November 3, compared with the previous day.
States Ranked On Niti Aayog's S and T Scoreboard
Niti Aayog has launched the India Science and Technology (S and T) Scoreboard, highlighting state-wise performance in research publications and patent applications. Tamil Nadu, Uttar Pradesh, and Maharashtra are the top three states in research publications, with Tamil Nadu also leading in patent filings. The interactive platform aims to help states benchmark progress and formulate better S and T policies.
NSEIX extends trading to 23.5 hours, offers near round-the-clock access
GIFT City's NSE International Exchange extends trading operations to 23.5 hours, enabling access across Asian, European and US markets as Gift Nifty turnover rises in October
Kotak - Deutsche Bank deal gets CCI nod
The Competition Commission of India (CCI) on Tuesday approved Kotak Mahindra Bank Limiteds proposed acquisition of Deutsche Bank AG's retail banking, private banking and wealth management businesses in India.The proposed transaction also includes referral arrangements between the parties through their affiliates, it said in a release.Earlier in June this year, Kotak Mahindra Bank and Deutsche Bank AG entered into a definitive agreement for acquisition, comprising approximately Rs 29,000 crore (Euro 2.7 billion) in loans, Rs 16,000 crore (Euro 1.5 billion) in deposits, and Rs 10,500 crore (Euro 1.0 billion) of assets under management, serving around 150,000 customers through a team of approximately 1,000 employees.This transaction aligns well with our focus on the affluent and SME segments, Ashok Vaswani, Managing Director and CEO, Kotak Mahindra Bank had said.It is a strong strategic fit and makes sound commercial sense. It also brings a high-quality customer franchise and experienced teams and adds incremental scale and adjacency opportunities. We look forward to warmly welcoming these customers and colleagues to the Kotak family, and our priority will be on disciplined integration and ensuring continuiy, while building further depth and capability in this business, he added as the lender announced the deal in June.Amid the transition, approximately 1,000 Deutsche Bank employees in India are expected to join Kotak, underscoring the importance both banks place on continuity for customers and long-term opportunities for employees.
Gold ETF inflows slow to 3,300 crore in October as AMCs suspend FoFs
Gold ETFs attracted an estimated 3,300 crore in October, down from 4,450 crore in September, as fund houses suspended fresh subscriptions to gold FoFs following Sebi's direction
India bonds end tad higher on softer oil
Indian government bonds experienced a modest rise as the 10-year bond yield neared a one-month peak. Investor optimism was bolstered by decreasing oil prices, although caution was still prevalent ahead of the upcoming US midterm elections. The benchmark bond yield displayed its lowest point since early October after notable drops in earlier trading sessions.
US stock futures mixed as Apple falls on margin warning, midterm results awaited
U.S. stock index futures reflect a mixed response as crude oil prices trend upwards ahead of midterm election outcomes. Apple's shares took a hit following its announcement regarding rising costs and potential holiday-quarter margin impacts. Despite Palantir Technologies exceeding revenue estimates, its stock plummeted post-results. Analysts are warning of heightened market volatility depending on elections and government expenditure.
Happiest Minds Q2 Results: Profit rises 15% to Rs 62 crore; revenue up 12% to Rs 645 crore
Happiest Minds Technologies has seen a 15.12% rise in consolidated net profit for the September quarter FY27. Revenue from operations also increased by 12.5% compared to the previous year. The company announced an interim dividend of Rs 3.05 per equity share for the 2026-27 fiscal year. An exceptional charge was included in the quarter's results due to a proposed merger with ITC Infotech.
Emcure Pharma Q2 Results: Profit jumps 29% to Rs 325 crore
Emcure Pharmaceuticals Ltd has posted a remarkable consolidated net profit of Rs 325.06 crore for the September quarter, reflecting substantial growth. Revenue surged from Rs 2,269.82 crore to Rs 2,820.47 crore during this period, with international operations increasing by 34 per cent. Additionally, domestic revenue witnessed an 11.1 per cent rise, as company leaders expressed confidence in sustaining this positive trend through the latter half of FY27.
Nexus Select Trust Q2 net operating income rises 8 pc to Rs 504 cr
Nexus Select Trust has announced an 8% increase in its net operating income for the second quarter. The company reported a distribution of Rs 359 crore, reflecting growth in distribution per unit. Nexus Select Trust has cumulatively distributed over Rs 4,400 crore to its unitholders since its listing. The company marks its strategic entry into Northeast India with plans for a mall and hotel in Guwahati.
V-Mart Retail Q2 loss widens to Rs 16 crore
V-Mart Retail reported a significant net loss of Rs 16.34 crore for the September quarter of FY27, a rise from Rs 8.87 crore reported in the same quarter of FY26. Revenue from operations saw an upward trend, increasing by 18 percent year-on-year to Rs 952.99 crore. However, total expenses surged by 22 percent, totaling Rs 976.37 crore. For the first half of FY27, total income reached Rs 2,047.
Minda Corp Q2 Results: Net profit jumps 68% to Rs 143 crore on strong revenue growth
Minda Corporation Ltd has reported a significant 68.2% year-on-year increase in consolidated net profit for Q2. Revenue from operations also increased by 42.6% year-on-year, reaching Rs 2,189 crore. The company's Chairman highlighted continued progress in their growth strategy across key vehicle segments. Electric vehicle-related products contributed around 35% of new order wins during this quarter. Minda plans to enhance its product offerings and invest in R&D and manufacturing capabilities.
NSE Q2 Results: Profit jumps 23% to Rs 2,578 crore, revenue rises 9%
NSE Q2 Results: The National Stock Exchange of India (NSE) reported a 23% year-on-year (YoY) increase in its consolidated profit after tax (PAT) to Rs 2,578 crore in the second quarter of FY27 (Q2FY27), compared with Rs 2,098 crore in the corresponding quarter of the previous fiscal year (Q2FY26).
Gold fell 542 per 10 grams and silver 875 per kg from AM to PM on November 3, according to IBJA. Ahead of Dhanteras and Diwali, here's what's driving the precious metals correction and what buyers and investors should consider.
Indian Hotels Company among 6 stocks that hit 52-week highs and rallied up to 16% in a month
Six BSE 200 stocks, including Bosch, Coforge, Divi's Laboratories, Eternal, Indian Hotels and Zydus Lifesciences, touched fresh 52-week highs as the Sensex rallied 1,225 points, reflecting renewed market momentum and buying interest.
Wall Street's hidden bargains: 10 US largecap stocks trading at historic discount for investors
At least 10 US large-cap stocks trade at 47%-63% discounts to sector valuations, according to Vested Finance. Comcast leads the list, alongside AT&T, Fiserv and Bristol-Myers Squibb, amid market volatility and growing scrutiny of AI valuations.
Indian markets extended gains as the Sensex surged 1,225 points and Nifty climbed 370 points. Falling crude prices, softer US Treasury yields and FII buying boosted sentiment, with FMCG and realty stocks leading the broad-based rally.
How digital distribution shifts the balance of power towards the customer
The insurance sector grapples with pressing issues like mis-selling and customer complaints, which hinder the efficacy of policies. However, digital platforms offer improved transparency, enabling consumers to make well-informed choices about their coverage options. By comparing policies, customers not only save on premiums but also gain better insights into their coverage. Additionally, digital channels simplify grievance resolution, fostering easier interactions with insurers.
FPIs pour Rs 21,715 crore into Indian stocks in 10 days; is record sell-off finally reversing?
Foreign portfolio investors infused $2.29 billion into Indian equities over 10 days, signalling improving sentiment. Strong corporate earnings, attractive valuations and potential LTCG tax relief could revive foreign inflows, while crude oil prices remain a key risk.
European shares fall as tech stocks slide, Middle East tensions weigh
European shares declined as technology stocks led losses amid concerns over AI valuations and escalating US-Iran tensions. Rising oil prices added pressure, while stronger earnings expectations lifted healthcare stocks, with Bayer gaining 6% after raising its 2026 profit outlook.
Mint Explainer | Why are premium European automakers betting on India?
European premium automakers have joined established players such as Mercedes-Benz, BMW and Jaguar Land Rover to expand in India. Why has India become important to these brands?
Brokers Call: Neogen Chemicals (Buy)
IDBI Capital Equity Research
Buying gold and silver coins on Blinkit, Zepto and Instamart can be convenient this Dhanteras. But before ordering, check the seller, purity, weight, certification, final price and refund policy. Here's how to buy precious metals safely online.
Brokers Call: Zen Technologies (Buy)
Choice Institutional Equities
MTF declines for first time in six months as leveraged positions ease
Outstanding margin trading positions fell 4.65 per cent to 1.44 trillion in October, ending five months of growth as investors moderated leveraged exposure, NSE data showed
Farah Khan has given her bedroom a complete makeover after being nominated by Karan Johar. From damp walls and dated flooring to a stylish vanity, designer wardrobe and statement lighting, the filmmaker's room now resembles a luxury hotel suite.
Neo raises 6,200 cr from second private credit fund
The fund attracted participation from leading family offices and institutional investors
Nifty crosses 23,800 for first time since August on falling crude prices, earnings boost
FMCG was the standout sector, gaining over 3 per cent, led by Marico, which jumped 10 per cent to 878.40 after reporting a 29.16 per cent year-on-year rise in Q2FY27 consolidated profit.
Prediction markets face US midterms test as election bets soar
With more than $1.48 billion wagered on Tuesday's US
Stock Markets Extend Rally, Sensex Jumps 1,225 Points
Indian benchmark indices Sensex and Nifty continued their upward trend for the fourth consecutive day, with the Sensex jumping 1,225 points, driven by a correction in crude oil prices, renewed foreign fund inflows, and resilient Q2 earnings.
Knowledge Realty Trust NOI up 15%, declares record Rs 764 cr distribution in Q2
Knowledge Realty Trust reported 15% year-on-year NOI growth to Rs 1,140.4 crore in Q2 FY27, alongside 13% revenue growth. Record distributions reached Rs 764 crore, supported by strong leasing, occupancy and rental growth.
R&D-focused companies deliver 23.5% returns, outperform NSE 500: Monarch AIF
The outperformance was more pronounced among companies that combined higher R&D growth with greater research intensity
All gold and silver ETFs posted negative returns for the second consecutive month in October 2026, with negative category average returns of 5.22% and 17.16%, respectively. Should you invest this Diwali? Experts discuss investment horizons and whether gold or silver is a better bet.
Sensex, Nifty, Share Prices Highlights: Indian shares rose for a fourth straight session on Tuesday, buoyed by strong corporate earnings, easing oil prices and early signs of revival in foreign investor inflows.
Zerodha raises instant withdrawal limit to 5 lakh from 2 lakh; What investors need to know
Zerodha has raised its daily instant withdrawal limit from 2 lakh to 5 lakh and extended the facility to 9 am-6 pm, including weekends and market holidays. Here are the new withdrawal rules, eligibility conditions and processing limits investors should know.
Emcure Pharma shares jump 7% after Q2 profit rises 29% YoY to Rs 325 crore
Emcure Pharmaceuticals shares rose up to 7.3% after the company reported a 29.3% year-on-year increase in Q2 FY27 profit to Rs 325.1 crore. Revenue grew 24.3%, while EBITDA rose 30.9%, supported by strong international business growth.
Rupee nudges higher, forward premiums dip with focus on US midterm, oil moves
On Tuesday, the Indian rupee gained slightly against the dollar, closing at 94.74 per dollar. This change occurred as investors awaited the results of the US midterm elections and developments in the Iran war. Oil prices rebounded, raising concerns about potential impacts on energy supplies. Analysts suggest that potential outcomes from the elections could influence the dollar's short-term position.
Quant Mutual Fund reduces exposure to frontline IT stocks as part of profit-booking exercise
Quant Mutual Fund has strategically reduced its exposure to IT stocks and boosted its investments in FMCG sectors. This shift is due to disappointing earnings from key tech companies, leading to a cautious approach towards manufacturing amid ongoing supply chain issues. Nevertheless, the fund expresses confidence in India's investment potential amidst global market instabilities and has also introduced three new index funds for passive investors.
Explainer: New building block: how project-wise insolvency will shield homebuyers
To shield buyers in financially sound projects from a developers default elsewhere, the insolvency watchdog IBBI has notified new regulations enabling the Committee of Creditors to recommend exclusion of healthy projects, even when the developer as a whole enters the insolvency resolution process.
Apple clocks all-time revenue record in India
Apple has reported an all-time revenue high in India for the September quarter, alongside record performance in Mac and services revenue, and a September-quarter high in terms of iPhone upgraders, indicating strong business momentum in the country.
These 14 equity mutual funds lose over 10% in October. Were they part of your portfolio?
Around 14 equity mutual funds lost more than 10% in October, with international schemes dominating the list of worst performers. Nippon India Taiwan Equity Fund recorded the steepest decline at 16.71%, followed by funds focused on global consumer trends and emerging markets.
Is the AI boom losing steam? Global economy faces growing risks
Global financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns about the resilience of the global economy. While the AI investment boom has driven stock markets to record highs and supported growth expectations, rising borrowing costs, inflation, weakening currencies and the prolonged Iran war threaten to undermine investor confidence and expose deeper vulnerabilities.
Bonus issue alert! Choice International to reward shareholders with 1:1 bonus shares. Check details
Choice International has approved a 1:1 bonus issue, its first such corporate action in two years. Under the proposal, shareholders will receive one bonus share for every share held on the record date, which will be announced later. The move will double the number of outstanding shares without changing the companys market capitalisation, while potentially improving stock liquidity and affordability.
Only eight of 292 equity mutual funds delivered returns exceeding 10% on lump-sum investments since Diwali 2025. TRUSTMF Small Cap Fund topped the list with an 18.73% gain, while 214 schemes posted negative returns, including eight that lost over 10%.
SBI hunts for weak links after cyberattack
Nifty Private Bank index gains 2%; HDFC Bank, ICICI Bank, Axis Bank shine
In the past five trading days, HDFC Bank and ICICI Bank rallied 7% each against 5% rise in the Nifty 50.
Mutual funds reduced their holdings in 79 BSE small-cap stocks during the September 2026 quarter, reversing two quarters of accumulation. Several affected stocks fell sharply, with major laggards declining between 24% and 32% over three months.
India withdraws bid for top global telecom post, misses return after six decades
New Delhi pulls Revathi Mannepallis candidature for Radiocommunication Bureau director just days before the Doha election, surprising industry experts.
German bond yields rise as oil climbs ahead of US Midterm elections
German government bond yields rose as rebounding oil prices and caution ahead of the US midterm elections weighed on sentiment. The 10-year Bund yield climbed further from a two-month low, while investors assessed ECB rate expectations and global risk appetite.
Fusion Finance share price zooms nearly 16% on Q2 turnaround
Fusion Finance reported a net profit of 86.48 crore in Q2FY27 against a net loss of 22.14 crore in Q2FY26.
SBI Reports 14% Rise in Q2 Net Profit to Rs 23,038 Crore
State Bank of India (SBI), India's largest lender, announced a 14 per cent increase in standalone net profit to Rs 23,038 crore for the second quarter ending September 30, 2026, driven by higher total income and a significant reduction in non-performing assets.
SEBI has recommended exempting mutual fund switches from capital gains tax if units are held for more than a year. Experts explain what switching means, how it is taxed under current rules, which transactions could qualify and how the proposal may benefit investors.
8th pay commission: Delayed implementation could lead to retrospective salary and pension payments from 1 January 2026. Arrears may vary by pay level, fitment factor and delay, but are not guaranteed until confirmed by the Centre.
BLS E-Services Q2 Results: Net profit rises 12% YoY pc to Rs 20.5 cr
BLS E-Services reported a 12.4 percent year-on-year increase in profit after tax for Q2 FY27. The total income for the quarter reached Rs 428.1 crore, up 55.1 percent year-on-year. Additionally, the company's operating EBITDA rose to Rs 28.8 crore, marking a 43.8 percent increase from the previous year. The Business Correspondent segment also achieved a Gross Transaction Value of over Rs 41,400 crore.
Gold demand down 30% in September quarter as high prices hurt jewellery sales
Demand recovery seen in the December quarter on softer prices, festive buying and extended wedding season
In charts: Indians have quit air travel like never before
Fuel price shocks and rising airfares have sent Indias domestic passenger traffic plunging back close to pre-pandemic levels. Airfare inflation has already reached 30% and is expected to rise further during the peak festival and holiday season.
