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Can income tax authorities tax money deposited in your bank account on behalf of others? The ITAT has deleted a 3.69 crore tax addition against a woman who facilitated payments between bangle traders, ruling that the entire deposits were not automatically her income.
Yes Bank moves SC seeking review of order on writing off of Rs 8,415 cr AT-1 bonds
Yes Bank has filed a petition with the Supreme Court to review an order from October 15. This order upheld a Bombay High Court ruling that quashed the bank's decision to write off AT-1 bonds. These bonds, worth Rs 8,415 crore, were questioned during Yes Bank's financial difficulties. The high court ruled that the bank's administrator lacked authority for such a write-off.
RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 cr
RHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter. The consolidated revenues experienced a modest increase, hitting Rs 1,038.26 crore this period. Additionally, overall expenses decreased to Rs 953.06 crore compared to the last year. EBITDA saw a 30 percent growth, reflecting operational enhancements despite challenging economic conditions.
Mahanadi Coalfields files RHP for proposed IPO worth nearly Rs 9,500 crore
Mahanadi Coalfields Ltd has filed its Red Herring Prospectus for an initial public offering with regulatory bodies. This IPO features an offer for sale of roughly 66.18 crore equity shares from Coal India, amounting to a 10 percent stake in the subsidiary MCL. The intended capital raise is around Rs 9,500 crore, with the final execution reliant on regulatory approval and market conditions.
Nifty and Nifty Bank Prediction for the week 16 Nov26 to 20 Nov26 by BL GURU
Dalal Street Week Ahead: Can Nifty bulls overcome key resistance levels?
The Nifty's current technical structure remains positive. Although a sharp rebound from the vicinity of the 200-week moving average has significantly improved the near-term technical setup, the Index is near its overhead resistance area.
Mufin Green Finance gets RBI licence to offer forex, remittance services
The licence allows the company to offer forex conversion, outward remittances under the Liberalised Remittance Scheme for education, medical treatment and travel
Concurrent Gainers: 8 stocks gain for 5 days in a row
Of these, we shortlisted 8 stocks that consistently gained throughout the period, delivering cumulative returns ranging from 7% to 11%.
These top 5 small cap stocks that witnessed highest net buying by mutual funds in October. Here is a detailed breakup, according to a report by Motilal Oswal Financial Services.
Base metals lose momentum amid strong dollar and demand concerns
One of the key reasons behind the weakness in base metals is the strength of the US dollar. The Dollar Index (DXY) has climbed to the 103-104 range, supported by resilient US economic data, elevated Treasury yields, and expectations that the Federal Reserve may keep interest rates relatively restrictive for longer.
Todays Gold Rate, November 14: Check Gold Rates in Delhi, Mumbai, Chennai
22, 24 carat Gold prices see mixed trend across metro cities on November 14
Binance targets full reopening of withdrawals by next week
Binance said on Saturday that it
A 30-year historical analysis compares the performance of large-cap, mid-cap, and small-cap mutual funds using 10-year rolling returns. It examines average, maximum, and minimum returns, along with consistency across market cycles, to identify which category emerged as the strongest performer.
The Income Tax FAST-DS 2026 scheme allows eligible taxpayers to disclose certain unreported foreign assets and income. Check eligibility, tax payable, Form 1 filing steps and the December 31 deadline.
Bajaj Auto tops auto PLI payouts, scheme struggles with job creation
Bajaj Auto received the highest incentive payout under the government's Production-Linked Incentive (PLI) scheme for automobiles and auto components in FY26, securing approximately 625.65 crore. Despite exceeding investment targets, the scheme has significantly underperformed in job creation and incremental sales, generating only 46% of projected jobs and 23% of targeted sales by March 2026.
November 5 AI stocks crash and Nvidia issues: This time is different | Risk vs Reward | EP 13
The Meghalaya College Teachers Association (MCTA) has challenged the government's claim over the 2023 Draft Pension Scheme, citing High Court records. The association has urged the state to follow court directions and notify the pension scheme without further delay.
The Supreme Court has clarified that a son cannot automatically claim a share in his grandfathers property inherited by his father under the Hindu Succession Act, 1956. It held that partition made the father the exclusive owner, allowing him to sell the property.
Debt mutual funds received inflows of Rs 1.13 lakh crore in October after witnessing outflows for two consecutive months. The total outflow in August and September were Rs 1.91 lakh crore, according to the monthly data by AMFI. Here is a detailed breakdown.
Tata Rift: Srinivasan, Singh Hit Back At Khambhatta
'In our view, an institution's character is preserved by the quality of its governance and accountability, not by its listing status.'
Here are the 10 largecap stocks that recorded the biggest jump in November so far, including six who have delivered multibagger returns in the longer run.
The Karnataka High Court has upheld a retired professors right to Old Pension Scheme (OPS) benefits, ruling that his nearly 17 years of previous university service could not be disregarded after he moved to another university. Heres what happened and how he won.
HDFC Mutual Fund announces launch of Hybrid Long-Short Fund through its SIF platform H-SIF
HDFC Mutual Fund has launched its H-SIF Hybrid Long-Short Fund, available for investor subscriptions until November 27. This innovative fund aims to blend equity, debt, and derivatives to manage risks effectively. Given the rise in market fluctuations, investors are keen on specialized strategies. The fund's management team brims with substantial expertise in both equity and fixed income sectors, requiring a entry threshold of Rs 10 lakh.
The 8th Pay Commission has received proposals from employee and pensioner bodies seeking salary and pension revisions every five years instead of 10. Here are the key demands, reasons behind the proposal and what central government employees should know.
Three Ansal Group directors have been arrested in Greater Noida over outstanding RERA dues of 77.66 crore. The SDM ordered their detention for up to 15 days under the UP Revenue Code as the administration steps up action to recover pending payments.
Microsoft outage disrupts India's corporate workday rhythm
A global Microsoft outage significantly disrupted Indian businesses, affecting widely used applications like Outlook and Teams, leading to adjusted meetings, recalibrated plans, and concerns over corporate dependence on a few technology providers.
Anthropic IPO buyers have more influence on price than SpaceX
Anthropic PBC is gearing up for its initial public offering, setting ambitious price targets to capture investor interest. The firm aspires to achieve record fundraising that could eclipse SpaceX's previous achievements. High-profile tech investors back Anthropic's private financing, indicating strong market confidence. Its traditional IPO pricing strategy, distinct from SpaceX's, positions Anthropic to navigate through the challenges of market fluctuations smoothly.
Wall Streets wild ride delivers big paydays and bigger bruises
Market volatility continues as investors navigate significant fluctuations in stock and bond prices this month. Despite challenging conditions, billions are flowing into both index funds and speculative assets. Retail investors are capitalizing on short-term opportunities while the overall market remains fragile. Many professional investors are taking a defensive stance, opting for high-quality assets amid economic uncertainty. This environment highlights the persistent appeal of diversified investing strategies among market participants.
Transparent price discovery is the missing link in global bulk commodity trade
The world can track commodities. Can buyers establish whether they are securing the best price?
India's biggest active small-cap mutual fund added eight stocks and exited four in October 2026. The fund also reshuffled its existing holdings, while its expense ratio increased marginally for both direct and regular plans.
Anthropic IPO: India missing from global retail access list. What options do you have?
According to Anthropic's official disclosure, the proposed international retail offering covers Australia, Canada, certain European Economic Area (EEA) countries, Japan, Switzerland and the UK.
Bitcoins billion-dollar wipeouts are becoming a familiar sight
Bitcoin liquidation events exceeding $500 million have become common, reflecting significant market volatility. Recent trading sessions have seen large losses, including a $1.3 billion liquidation. Factors affecting the market include high oil prices and potential Federal Reserve rate hikes. Additionally, investors seem to be favoring artificial intelligence stocks over cryptocurrencies amid a tech selloff. These trends indicate an evolving landscape in the crypto trading environment.
Commodities place in the Indian investors portfolio
Over the past decade, MCX Gold has moved almost independently of the Nifty50 the correlation of their returns over long periods has been quite low
Gold, silver prices today, 14 November: Check retail prices of 18K, 22K and 24K gold and 999 Fine silver in your cities Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Hyderabad, Kolkata, and Mumbai.
ICICI Bank will introduce six credit card changes from November 25 to December 15, 2026. Check revised DCC and replacement fees, Priority Pass charges, discontinued insurance coverage and INOX benefits, along with affected card variants.
Fed's Jefferson says he is taking his policy cues from inflation
Federal Reserve Vice Chair Philip Jefferson emphasized inflation as the main factor in determining monetary policy. He highlighted that economic growth and a stable labor market have been observed. Jefferson indicated that upcoming adjustments to policy should rely on data trends and the evolving economic outlook. Concerns about artificial intelligence displacing workers were also mentioned in his remarks.
Wall St Week Ahead: Nvidia results, Anthropic IPO pose tests for tumultuous AI trade
Nvidia is poised for a critical quarterly earnings report amidst controversies and leadership changes. Investors are wary as Anthropic prepares for a significant initial public offering, valued at up to $1.4 trillion. The overall market sentiment towards AI stocks could shift based on these developments next week. Retail sales data will also provide insight into consumer health and inflation pressures.
US Supreme Court to consider lawsuit over Robinhood's 2021 IPO
Robinhood Markets has filed an appeal with the US Supreme Court concerning a class action lawsuit brought forth by investors. The lawsuit claims the company misled investors ahead of its IPO in July 2021 by not revealing how reduced trading volumes would affect their investments. After initially dismissing the case, the 9th Circuit Court of Appeals has reopened it, with Supreme Court deliberations expected by late June.
Bitcoin's billion-dollar wipeouts becoming an increasingly familiar sight
Large liquidation events - whereby more than $500 million worth of Bitcoin positions are obliterated in a single 24-hour session - are becoming a recurring feature in the market
Mahanadi Coalfields IPO may open next week, issue size pegged at Rs 10,000 crore
Mahanadi Coalfields, a subsidiary of Coal India, is set to launch its initial public offering next week. The IPO will open on November 19 and close on November 23, with an expected size of
Softbank further trims India exposure, sells Meesho shares worth 1,885 cr
Japanese investor SoftBank Group has sold 1.65 per cent stake in Meesho for Rs 1,885 crore, further trimming its investments in India's e-commerce sector. In the latest transaction, SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Bengaluru-based Meesho, according to the block deal data on the National Stock Exchange (NSE). The share sale was executed on Friday at an average price of Rs 246.75 apiece, taking the total deal value to Rs 1,885.17 crore. With this, the affiliate's holding in Meesho has fallen to 5.19 per cent from 6.84 per cent. The stake sale, however, found buyers, with a clutch of domestic and foreign institutional investors participating in the transaction, with Societe Generale (SocGen) emerging as the largest buyer. Paris-based financial services firm SocGen picked up more than 1.47 crore shares, or a 0.32 per cent stake, for Rs 364.65 crore. Domestic institutional buyers included mutual funds managed by Motilal Oswal, HDFC, ...
A 100 daily SIP and a 3,000 monthly SIP may seem similar, but their investment amounts and final values differ over time. Here's how both could grow over 5, 10, and 15 years, assuming 12% annualised returns, and what investors should consider before choosing between them.
HUDCO, PFC, others raise over Rs 10,000 crore via bond sales
The corporate bond market in Mumbai was abuzz with activity on Friday, pulling in an impressive
Softbank further trims India exposure, offloads Meesho shares worth Rs 1,885 cr
In the latest transaction, SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Bengaluru-based Meesho, according to the block deal data on the National Stock Exchange (NSE).
OpenAI, Google, Anthropic hit with lawsuit to halt AI development
A group of nonprofits has filed a lawsuit against OpenAI, Anthropic, and other tech companies. They seek to prevent further development of advanced AI models citing potential harm to humanity. Company leaders have raised concerns about the dangers associated with artificial intelligence technologies. The lawsuit relies on California's laws regarding unfair business practices for its basis. If successful, this could significantly impact the future of AI development in these companies.
The government has clarified family pension eligibility rules, explaining income limits for eligible family members, exemptions for legally wedded spouses and dependency requirements for daughters, dependent parents and siblings with disabilities.
Bank holiday this week: SBI, HDFC Bank, ICICI Bank, Canara Bank and Punjab National Bank branches will be closed on 16 days this month, including regional holidays and weekend offs, as per the RBI calendar.
The 8th Pay Commission has published several important notices on its official website. Here are 5 latest updates covering stakeholder meetings, consultant recruitment and regional consultations that central government employees and pensioners should know as they await salary and pension revision.
Quick-commerce advertising rates jump 30-40%; brands turn selective as returns come under pressure
With rates climbing and returns under pressure, brands are shifting quick-commerce budgets towards more targeted campaigns, repeat purchases, and alternative channels
US stocks tumble as Nvidia slides 4.3%, triggering fresh selloff in technology shares
Technology shares came under renewed pressure as investors weighed concerns over artificial intelligence valuations and persistent inflation across the economy
RBI said to allow e-rupee wallets within banking apps to boost adoption
RBI has allowed banks to integrate digital rupee wallets into their main mobile banking apps, aiming to simplify access and boost adoption. While experts say integration could better discovery and convenience, they caution users may not switch from UPI unless the digital rupee offers greater value.
AI rockets to top of worries about financial system in latest Fed survey
Risks tied to the artificial intelligence sector surged
Airport authorities have restricted the financially distressed airline's operations over its inability to pay mandatory charges for using airport facilities and services, according to a report
Noida Authority approves maps for five sports facilities in Sector 150 Sports City project
The approvals cover a tennis centre, an indoor multipurpose sports hall, a swimming centre and a multipurpose playfield, while a cricket academy proposed under the project is already operational
NSE IX Global Access expands investment offerings into 7 European markets
NSE IX expands global investment access to seven European markets, offering Indian investors exposure to over 11,500 securities
GIFT City funds compared: What they cost and how they have performed
Seven retail funds with available performance data differ widely in size, charges and returns, while more products enter the market
Forex Reserves Up by $2.49 Billion to $719.5 Billion
India's foreign exchange reserves increased by $2.49 billion to $719.55 billion in the week ended November 6, primarily due to a rise in foreign currency assets and a significant appreciation in gold reserves, according to the latest Reserve Bank of India (RBI) data.
Yes Bank files Supreme Court petition seeking review of AT-1 bond order
Yes Bank has approached the Supreme Court seeking a review of its October judgment that overturned the 8,415 crore write-off of its additional tier-1 (AT-1) bonds. The move follows a contempt petition filed by Axis Trustee Services on behalf of bondholders, accusing the bank of failing to provide a clear plan to restore the bonds.
Anthropic IPO share orders from China are said to be rebuffed
Investors based in mainland China and Hong Kong are excluded from placing orders in Anthropic's IPO. This decision reflects the strategic sensitivities between Washington and Beijing regarding technology advancements. Some investors are exploring alternative methods to participate in the public offering through offshore structures. Anthropic intends to complete its IPO on November 18, pricing the shares ahead of trading the next day.
Banks are raising fixed deposit interest rates as strong loan demand, slower deposit growth and tighter liquidity increase funding pressure. Here's why lenders are offering higher FD rates, which banks have revised rates and whether depositors should lock in now.
Shahrukhz Residences was launched by Danube Properties following Shahrukhz by Danube, the popular Dubai commercial tower named after Shah Rukh Khan. The launch event was Rizwan Sajan, Khan and Gauri Khan.
Indian markets extend gains for 3rd straight week despite Nvidia crisis
India has traditionally been considered to be an anti-artificial intelligence (AI) bet, and the new developments will more likely affect further investments in AI
The fare for the YesvantpurMadgaon Vande Bharat Express varies depending on the travel class.
Binance Blockchain Week 2026, under this years theme of Evolve, will convene leading policymakers, central bankers, institutional asset managers and technology leaders.
Ethanol boom gives animal feed makers a cheaper alternative to soybean meal
Rising supplies of DDGS, a by-product of grain-based ethanol production, are helping poultry, dairy and aquaculture feed manufacturers cut costs, with potential implications for domestic soybean meal demand.
Buying property in your spouses, parents or childs name using your money can attract income tax scrutiny and benami law action. Know the tax rules, legal exceptions, penalties and documents you need to avoid notices and property disputes.
US stocks: US market opens higher after soft producer prices data
On Friday morning, US stock indexes surged, opening on a high note after October's producer prices data came in softer than expected.
Chicago Fed's Goolsbee says on CNBC the Fed needs to guard against demand overheating
Chicago Fed president Austan Goolsbee stated that inflation has moved beyond temporary energy and tariff-related price shocks. He highlighted that increased demand from the AI buildout is pushing prices higher across many sectors including health care and services. Goolsbee emphasized the importance of upcoming inflation data for determining the Fed's rate increase pace. He noted that currently, there is no clear path back to the 2% inflation target.
Govt notifies commodity contracts as financial products at GIFT IFSC
The notification brings commodity trading contracts under the IFSCA Act, paving the way for global trading firms and supporting financial services to operate from GIFT IFSC
Nvidias woes attract Indian investors, trading surgeson overseas investing platforms
Trading activity surged nearly 400 per cent on November 5, a day after Nvidia shares closed 3 per cent lower
MAN Industries PAT rises to Rs 82 cr in Q2
MAN Industries (India) Ltd has announced a substantial increase in consolidated profit after tax during the September quarter. The company's revenue from operations also saw a notable rise year-on-year, reflecting strong performance. The acquisition of National Pipe Company has positively impacted scale and profitability for the firm. Shipping disruptions in the Strait of Hormuz temporarily affected revenue but shipments are being executed.
India's Auto Dispatches See Double-Digit Growth in October
India's domestic passenger vehicle dispatches surged by 12.4 per cent year-on-year in October, reaching a record 5.19 lakh units, while two-wheeler sales also saw a significant 16.1 per cent increase, driven by festive season preparations and improved demand.
HDFC Mutual Fund has entered the SIF segment with its first hybrid long-short fund, combining debt, arbitrage and derivatives. The NFO is open until November 27, with a 10 lakh minimum investment. The strategy allows short positions of up to 25% of net assets.
Sensex, Nifty edge down on profit taking, inflation worries
Despite todays loss, Indian stocks close the week on strong note, as FPIs remain buying spree
Razorpay moves closer to public market debut as Sebi gives green signal to IPO
Razorpay has received Sebi's approval for its proposed IPO, bringing the fintech company's stock market debut closer. Targeting a potential 2027 listing, the company is reportedly exploring a Rs 5,500-6,500 crore fundraising amid valuation and profitability scrutiny.
HDFC MF enters SIF segment with launch of hybrid long-short strategy
The SIF categorys assets under management surged from about 2,010 crore in October 2025 to 42,670 crore in September, according to AMFI
Nasdaq futures muted as Nvidia turmoil rattles AI trade: Stock Market Live Updates
Godrej Properties buys 31-acre land in Indore for Rs 130 cr to build housing project
Godrej Properties Ltd has successfully purchased a sprawling 31 acres of land in Indore for approximately Rs 130 crore. The company is set to embark on the creation of residential plots, providing an impressive saleable area of around 0.7 million square feet. This project marks the firm's third venture in Indore, reflecting a commitment to addressing the rising demand for thoughtfully designed communities.
German yields set for biggest weekly rise in two months
As traders ramp up their expectations for European Central Bank interest rate hikes, yields on German government bonds are climbing steadily. This shift follows US inflation figures that were unexpectedly high, disrupting the bond market landscape. Meanwhile, global stock indices are witnessing a downturn, impacting the demand for traditionally safe assets.
India 10-year bond yield reverses half of last week's drop on elevated inflation
Indian government bonds fell for a third consecutive session, driven by inflation and interest-rate outlook concerns. The benchmark yield increased to 7.3079%, reversing much of last week's gains. Retail inflation in India accelerated, surpassing the Reserve Bank of India's target range, which raises rate hike expectations. In the US, rising Treasury yields and inflation data led to altered rate hike projections.
NSEIX Global Access expands offering to seven European markets, adds 11,500 securities
The expansion aims to widen investment choices for Indian investors seeking international market exposure through a single integrated account, within the applicable regulatory framework
How US tech pain is European stock markets' gain
European stock markets, particularly the STOXX 600, are performing well as tech turmoil affects global markets. This relative stability is attributed to Europe's lower exposure to tech giants compared to the US market. Companies in sectors such as energy and financials are supporting earnings growth, which is on track for 25% quarterly profit. Investors remain cautious, noting that broader market selloffs could still impact Europe.
The Supreme Court upheld the inheritance rights of a woman's two sons from her second marriage over 45 bighas of Delhi land, ruling that her limited interest had become absolute ownership under Section 14(1) of the Hindu Succession Act, 1956.
Razorpay, Sembcorp Green Infra get Sebi nod to float IPOs
Razorpay Software Ltd and Sembcorp Green Infra recently received approval from Sebi for their initial public offerings, marking a major milestone in their growth journeys. Razorpay aims to secure Rs 5,000-6,000 crore to enhance its financial services platform, while Sembcorp Green Infra plans to raise Rs 3,750 crore to bolster its renewable energy initiatives.
SC Agrotech proposes 10:1 stock split, 4:5 bonus issue
The Board approved the proposed subdivision of each equity share into 10 shares and the issuance of four bonus shares for every five shares held, subject to requisite shareholder and other approvals
One 97 Communications Subsidiary Gets RBI In-Principle Nod For Wallets
One 97 Communications' subsidiary, Paytm Payments Services Ltd (PPSL), has received in-principle authorisation from the Reserve Bank of India to operate wallets. This approval comes with conditions, including a mandatory system and cyber security audit, and PPSL can only issue Prepaid Payment Instruments after final authorisation. This development follows a period of significant regulatory challenges for Paytm Payments Bank, including the cancellation of its banking licence. Concurrently, One 97 Communications reported a substantial increase in profit and revenue for the second quarter ended September 2026.
The Centre has made electric vehicles the default choice for official cars used by central government departments, setting a 20 lakh purchase limit for EVs against 10 lakh for petrol, diesel and hybrid vehicles. Conventional car purchases will require special approval.
Mutlibaggers: 7 stocks held by 100+ MF schemes in October rally up to 300% in FY27
An ETMarkets analysis identified seven stocks held by over 100 mutual fund schemes that have more than doubled in FY27 so far. Sterlite Technologies led with 303% gains, followed by Welspun Corp, Ather Energy and Laurus Labs.
Jagatjit Industries Q2 net loss narrows to Rs 4 cr, revenue rises 90%
Jagatjit Industries Ltd has reported a net loss of Rs 3.96 crore for the second quarter of FY27, significantly improving from Rs 27.91 crore lost during the same period last year. Total income surged to Rs 195.43 crore, up from Rs 103.11 crore. In the first half of FY27, the company posted an overall net loss of Rs 12.23 crore, a decrease from Rs 37.81 crore.
Which sectors attracted mutual fund interest in October? Check details
