21 C 
1 Finance has received in-principle SEBI approval for an MF Lite licence and plans to launch passive mutual funds in Q4 FY27. SEBIs framework eases regulatory requirements for eligible passive fund houses, potentially encouraging competition and expanding investor choice in index funds and ETFs.
Jio IPO: LIC, BlackRock, Fidelity, GIC among 212 anchor investors to pour Rs 8,110 crore
Jio Platforms successfully raised approximately Rs 8,110 crore from 212 anchor investors before its upcoming IPO. The company allotted shares to well-known investors such as LIC, BlackRock, and Fidelity. These allocations indicate strong interest from both domestic and global institutional investors. The IPO is expected to surpass the previous record held by Hyundai Motor India. Jio Platforms aims to achieve an equity valuation of nearly Rs 10.3 lakh crore.
Tonbo Imaging India IPO subscribed nearly 136 times, led by QIB demand
The issue drew 55,24,267 applications, according to Chittorgarh data, with qualified institutional buyers subscribing 293.56 times and non-institutional investors 170.94 times
Central Bank of India reports RTGS glitch
Mumbai: Central Bank of India said it detected a technical glitch in its RTGS outward payment system between October 15 and October 17, prompting the lender to shut down and isolate the affected systems while it investigates the cause.The bank said it initiated necessary response measures immediately after becoming aware of the incident and has engaged leading experts to assist with the investigation.The matter is being analysed to ascertain the root cause, and necessary corrective measures are being undertaken, the bank said in a regulatory disclosure.Also read | Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: CrisilCentral Bank added that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to a cyberattack and said the root cause is still under examination.The disruption comes days after CERT-In warned that attackers were increasingly using AI-assisted and agentic tools to accelerate reconnaissance, exploitation and financial attacks, including by targeting exposed credentials, dormant APIs and weak access controls at Indian organisations. The cybersecurity agency said such tools could enable attacks to be carried out faster and at greater scale than conventional methods.Also read | Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverCERT-In and CSIRT-Fin had also recently issued a critical advisory on cyberattack campaigns targeting financial institutions through payment and disbursement APIs. The advisory said attackers had compromised internet-facing applications and partner-bank or payment credentials in some cases to initiate unauthorised fund transfers.
A rise in home loan rates forces borrowers to choose between higher EMIs and longer repayment tenures. A 50 lakh loan example shows how a 25-basis-point increase affects monthly payments and total interest, and what borrowers should consider before deciding.
Private lenders weigh on equity markets as PSU banks buck the selloff
Bank earnings disappoint, IT stocks retreat; PSU banks emerge as lone sectoral gainers
Ireda net profit grows to Rs 554 cr in Sep qtr
Ireda has announced a net profit of Rs 554 crore for the September quarter of FY27, reflecting a robust financial performance. Revenue from operations increased by 14%, totaling Rs 2,345 crore. Additionally, loan disbursements surged by 31%, reaching Rs 10,579 crore. This quarter also marked an 11% rise in net worth, showcasing Ireda's strength in renewable energy financing and management of asset quality.
Investors can choose from physical gold and silver, digital gold, ETFs, mutual funds, Sovereign Gold Bonds and Electronic Gold Receipts. Each option differs in costs, liquidity, regulation, taxation and storage needs, making it important to compare the risks before investing.
Manufacturers in Surat are moving beyond sarees and synthetic fabrics to produce specialised textiles for defence applications. Full details here.
Global Markets: French markets tumble as riots add to political crisis
Protests across France have led to significant declines in the country's financial markets and stocks. French government officials requested local authorities to consider imposing curfews amid the unrest. The rise in bond yields suggests increasing investor concern over France's budgetary challenges and economic outlook. Major French banks have experienced stock declines, reflecting the heightened risk of insuring French debt.
US Treasury yields nudge higher as AI fears ebb
US Treasury yields experienced a rise alongside a boost in equities, particularly driven by AI stocks, which has mitigated earlier anxieties among investors. The 10-year Treasury yield saw a modest rebound after a steep decline, indicating a shift in market mood. Moreover, oil prices declined, easing inflation fears related to global tensions.
Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore
Bajaj Finance expects AUM to grow 26-27% in FY27 as it accelerates customer acquisition and loan disbursements. The lender plans to book 60-62 million new loans and add 18-20 million customers during the year. Consolidated AUM grew 26% to Rs 5.85 lakh crore in the September quarter, aided by broad-based loan growth. The gold-loan portfolio more than doubled to Rs 24,195 crore, although short-tenor schemes caused a transitional increase in Stage 2 assets. Management does not expect this movement to affect credit costs. Lower funding costs, improving asset quality and a strong liquidity buffer should support growth.
Waaree Renewable Technologies Q2 Results: Net profit falls 29% to Rs 81 crore
Waaree Renewable Technologies experienced a notable 29 percent drop in net profit for the quarter ending September. Their consolidated profit stood at Rs 81.48 crore, a decrease from Rs 116.36 crore year-on-year. While expenses surged, revenues rose to Rs 1,057.84 crore. The company boasts an unexecuted order book over Rs 5,500 crore and a robust bidding pipeline, striving for long-term value through efficiencies and scaling.
A Bitcoin investor who reported a 3.34 lakh loss faced an 88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.
Built at an estimated cost of 1,908.43 crore, the highway forms a key link in the proposed Raipur-Dhanbad Economic Corridor under the Bharatmala Pariyojana.
NSE, BSE to Hold Special Diwali Muhurat Trading on Nov 8
Leading Indian stock exchanges, NSE and BSE, will conduct a special Muhurat trading session on Sunday, November 8, from 2:20 pm to 3:30 pm, to mark Diwali and the beginning of the new Hindu calendar year.
More than 20 people in Visakhapatnam reportedly lost 1 crore in a month to a Google Review job scam. Fraudsters used small initial payouts to build trust before demanding larger deposits, leaving victims unable to withdraw their money.
Titan redeems Rs 1,000 crore commercial paper
Titan Company Ltd has successfully fulfilled its obligation by redeeming commercial papers worth Rs 1,000 crore, originally issued on July 21, 2026. As the maturity date has arrived, all investors have duly received their returns. This action adheres to the regulations established by the Securities and Exchange Board of India. As part of the Tata Group and functioning under the Tamil Nadu government, Titan encompasses various lifestyle brands.
Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: Crisil
Yes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds. Crisil Ratings highlighted a significant liability impact estimated at Rs 6,200 crore, while S&P Global Ratings foresees a reduction in common equity by about Rs 8,400 crore. Despite these concerns, both agencies believe the bank's credit profile will remain stable.
Piramal Finance Q2 net profit soars 67% to Rs 545 crore
Piramal Finances assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35%, while its net interest margin expanded 35 basis points to 6.5%.
Fitment factor demands range from 3.2 to 4 or higher as central government employees await a revised salary structure.
PC Jeweller among 8 stocks that hit 52-week high and rallied up to 42% in a month
The Sensex plunged 876 points to close at 73,852, even as eight BSE 1000 stocks touched fresh 52-week highs. PC Jeweller led monthly gains at 42%, followed by Sky Gold and Diamonds at 31%, highlighting divergent stock performance.
Amazon Says Its AI Chips Will Work With Popular Coding Language, Challenging Nvidia
TorchNeuron lets developers run code written in a language called PyTorch on Amazon's Trainium AI chips with a single configuration change and no rewriting needed
US stocks today: S&P 500, Nasdaq open higher as AI stocks rebound ahead of major earnings
US stocks open higher as AI-related shares rebound from last weeks sharp selloff. The S&P 500 and Nasdaq gain at the open, supported by lower oil prices ahead of a busy earnings week. The Dow slips marginally, while investors track technology stocks and upcoming corporate results.
Home loan prepayment vs SIP: Which is a better option and saves you more money? Here's the maths
With home loan EMIs spread over a 20-25-year tenure, even small payments in the initial years can significantly reduce overall interest outgoings over time.
SBI Mutual Fund leans on brand, SBI's network to deepen B-30 penetration
Plans to add more branches as it looks to expand investor pool, says new CBO
Bank of America arm seeks CCI nod for up to 49.9% in Jio Credit
A summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. According to the applicants submission, NB Holdings has no direct business operations in India.
NRI tax return: can you correct a wrongly claimed capital gains exemption in your ITR?
An NRI living in the UAE mistakenly claimed treaty relief on gains from Indian shares and mutual funds. While the revised-return deadline has passed, an updated return may offer a way to correct the error.
China Restricts Machinery Exports, India's Projects Affected
China has announced new export controls on key machinery, including tunnel boring machines, walking excavators, and dredger components, citing national security. These restrictions, effective November 18, could significantly impact India's infrastructure projects, such as metro systems and high-speed rail lines, as China has previously limited such exports to India.
First-time workers must complete six and 12 months of continuous service to receive two instalments under the government scheme.
Erling Haaland has bought a home at Manchester City Yas Residences, a branded development on Abu Dhabis Yas Island. The project includes more than 2,000 homes, sports facilities and parks, with phased delivery starting in 2029.
Inside Madhuri Dixits 5,500 sq ft sea-facing Mumbai home with more than 30 MF Husain paintings
Art is a prominent feature of the residence, particularly the paintings of renowned Indian artist MF Husain. The corridor leading into the home features several of his works.
Bajaj Finance Q2 Results: Net profit jumps 29% YoY to Rs 6,367 crore, NII up 24%
Bajaj Finance Q2 Results: Bajaj Finance reported a 29% year-on-year increase in net profit to Rs 6,367 crore in the September quarter, compared with Rs 4,948 crore a year earlier. Net interest income rose 24% to Rs 13,335 crore from Rs 10,785 crore in the year-ago quarter. Net total income increased 23% to Rs 15,974 crore from Rs 12,982 crore.
Elon Musk pledges a share of SpaceX company to 'every kid in America'
In a groundbreaking move, Elon Musk revealed his intention to distribute one share of SpaceX to every child in America. This announcement comes on the heels of Anthropic's commitment to allocate 5 percent of its shares to a public benefit fund aimed at harmonizing financial success with social impacts. With SpaceX recently hitting the stock market, Musk has also claimed the title of the world's first trillionaire.
Jio vs Airtel vs Voda Idea: Comparing ARPU, Margins, Subscribers & More
Jio vs Airtel vs Voda Idea: Comparing ARPU, Margins, Subscribers & More
CME to launch tungsten futures to meet rising demand for critical minerals
CME Group on Monday said it will launch tungsten futures to meet rising demand for its metals complex, which registered record volume this year. * The contracts are expected to
LTTS Q2 FY27 Net Profit Up 66.78% To Rs 548.2 Crore
L and T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
Sterling hits 17-month high against euro
Sterling hit a fresh 17-month high against the euro on Monday as street riots in France and elevated energy prices weighed on the single currency while recent
10 crore cover at 70? Insurance reform must start with the buyer
Insurance regulation must go beyond capping commissions to enforce product suitability, hold distributors accountable for mis-selling and prioritize policyholder outcomes over sales incentives.
Only 2 of 29 aggressive hybrid funds with reported one-year returns delivered over 8%, while 22 posted losses. Even large schemes such as SBI and ICICI Prudential Aggressive Hybrid Fund ended in the red, highlighting the risks of equity-heavy hybrid investments.
Yes Bank weighs capital options after AT1 verdict, coupon liability remains uncertain
Yes Bank is recalibrating its capital strategies in response to the Supreme Courts ruling which reinstated Rs 8,415 crore of AT1 bonds. This ruling may lower the banks CET1 capital ratio by approximately 240 basis points, thus influencing its growth initiatives. Management is still reviewing potential payment duties spurred by the verdict.
Jio IPO draws Rs 2.5 lakh crore in anchor bids from over 70 investors
Jio Platforms Rs 30,188 crore IPO has attracted institutional bids worth around Rs 2.5 lakh crore, more than 30 times the size of its anchor book. Over 70 investors, including global asset managers, sovereign wealth funds, domestic mutual funds and insurers, have expressed interest ahead of the October 21 opening.
1 Finance gets in-principle approval for Indias first MF Lite AMC licence
1 Finance has received SEBIs in-principle approval to establish Indias first MF Lite asset management company, targeting a Q4 FY27 launch. The proposed AMC will offer passive investment products, including index funds and ETFs, subject to final regulatory registration.
Sensex, Nifty, Share Prices : Markets closed over 1 per cent lower on Monday as losses in private banks and IT stocks overwhelmed gains in metals and public-sector lenders.
Sensex, Nifty end lower amid volatile trade and profit booking
Private banks drag benchmarks as crude prices and weak global cues weigh on sentiment, while PSU banks buck the trend
Hindustan Zinc Q2 Results: Net profit skyrockets 142% YoY to Rs 6,412 crore, revenue soars 77%
Hindustan Zinc reported a 142% year-on-year rise in Q2 FY27 net profit to Rs 6,412 crore, while revenue surged 76.5% to Rs 15,093 crore. EBITDA doubled to Rs 9,285 crore, with margins expanding to 62% on higher prices and production.
Sensex, Nifty Plunge as Private Banks Drag Market
Indian benchmark equity indices, Sensex and Nifty, ended sharply lower, with the Sensex tumbling 876.37 points and the Nifty dropping below 22,900, primarily due to a decline in private bank stocks like HDFC Bank and Axis Bank, alongside weak global market trends.
IDBI Bank staff to hold hunger strike on November 2-3 against privatisation, proposed Fairfax sale
The UFIOE has called on the government to abandon the proposed disinvestment and acquire at least a 6% stake in IDBI Bank, either by purchasing shares from LIC or through the open market.
CareEdge Global IFSC to sell 19.8% stake to State Bank of India, NSEIX
Care Edge Ratings on Monday said it has decided to sell a 19.8 per cent stake in its wholly-owned subsidiary CareEdge Global IFSC to State Bank of India and NSE IFSC. The company has executed share purchase agreements and a shareholders' agreement with State Bank of India (SBI) and NSE IFSC (NSEIX) to sell a 9.9 per cent equity stake each in CareEdge Global IFSC Ltd (CGIL), Care Edge Ratings said in a regulatory filing. After the share transfer is completed, the company will continue to hold an 80.2 per cent equity stake in CGIL, it said. The deal is expected to be concluded within two months, it added.
New PF limit: 20 lakh less at retirement, 9,600 a month for life
More employees now have part of their employer's PF contribution diverted to a pension.
Rupee falls 3 paise to close at 94.92 against US dollar
Mumbai, Oct 19 (PTI) The rupee pared its initial gains and settled lower by 3 paise for the day at 94.92 (provisional) against the US dollar on Monday, weighed down by a sharp fall in the domestic equity markets and a recovery in crude oil prices. The rupee snapped its six-session winning streak and settled in the negative territory amid continued pressure from foreign institutional investor (FII) outflows and elevated crude oil prices. At the interbank foreign exchange market, the rupee opened at 94.90 against the American currency. In intraday trade, it touched a high of 94.75 and a low
Signature Global partners Manasum for Gurugram senior living project with Rs 575 cr sales value
Signature Global and Manasum Senior Living are collaborating to create a housing project for senior citizens. The project, titled Manasum Varishta, is located on Dwarka Expressway and will comprise 164 homes. Signature Global will handle the construction and development, while Manasum manages sales and operations after completion. The project is expected to generate approximately Rs 575 crore in revenue.
Muhurat Trading 2026: BSE announces date and timings of special session. Check details
BSE has announced the schedule for Diwali Muhurat Trading 2026, set for Sunday, November 8, on the occasion of Laxmi Pujan. The special session will run from 2:20 pm to 3:30 pm, with separate timings for pre-open trading, block deals, IPOs, call auctions and closing procedures.
The EPFO wage ceiling has risen from 15,000 to 25,000 a month, potentially extending provident fund, pension and insurance benefits to more employees. Check who qualifies under the revised rules, how enrolment works and what the change means for your salary deductions and retirement savings.
Jio Platforms IPO: 2.5 lakh crore demand for 8,110 crore anchor book
Anchor book oversubscribed more than 30 times as global and domestic investors queue up for Reliance subsidiarys listing
Rupee ends flat as stock slump, importer hedging erodes bounce
The Indian rupee held steady even as it initially surged, influenced by rising dollar demand from importers. However, the local stock markets, particularly the Nifty 50, suffered a decline of more than 1% due to underwhelming results in the technology and financial sectors. Meanwhile, Brent crude oil prices dipped about 2% after the US administration's sanction waivers.
Despite a sharp market downturn in 2026, all 10 top-performing equity PMS strategies delivered positive returns in September, ranging from 3.55% to 5.67%. Amaltas Asset Managements Keystone Fund led the rankings, while Cupid and Sterlite Technologies featured among the prominent holdings across multiple portfolio management strategies.
Jio Platforms IPO anchor investor quota nearly 30 times oversubscribed
Jio Platforms is set to raise up to $3.2 billion at a valuation of $108.3 billion in what will be India's biggest ever IPO
Mobile games can encourage frequent spending through paid shortcuts, limited-time items and subscriptions. Individually modest payments may add up to thousands of rupees each month.
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeover
Fairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enhance its presence in the growing Indian financial market. Fairfax plans to fund the transaction through various means, ensuring a stable financial position during the process. IDBI Bank has shown improved profitability since 2021, reflecting successful management changes.
India corporate bond boom may scale record in 2026 as borrowers lock in rates
In anticipation of rising interest rates, Indian companies are poised to dramatically escalate their debt issuance activities. Many borrowers are keen to seize the moment in a supportive market environment. Leading this surge are top-rated public sector organizations and large enterprises. Financial experts highlight the need for urgent resolution of borrowing plans, suggesting that the volume of new debt could exceed last year's historic benchmarks.
FIIs raise stakes in 8 smallcap stocks in Q2; shares surge over 200% in FY27 so far
Eight smallcap stocks have surged over 200% in FY27 so far as foreign institutional investors increased their shareholdings in the September 2026 quarter. Kabra Extrusiontechnik led the gains at 343%, followed by Modison at 333%, according to ACE Equity data.
Premium food, grooming and medical care are making pets a major household expense in urban India. Monthly costs range from 4,000 for some small breeds to 20,000 for giant breeds.
Jio Platforms IPO: Rs 2.5 lakh cr demand for anchor book
Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.
Defaulting on a loan against your FD can cost you the deposit itself. Know how lenders recover dues and when you may still owe a shortfall.
UltraTech Cement tanks 5% from day's high post Q2 results; key details
UltraTech Cement on Monday reported a 21.3% surge in Q2 consolidated net profit, backed by 18.8% growth in revenue from operations.
Global Market: Euro falls as French political unrest, high energy prices weigh on sentiment
The euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growth, interest rates and the dollar. The yen, yuan and Indonesian rupiah also moved as markets weighed central bank signals and economic risks.
HFCL posts record Rs 394 cr Q2 net profit, eyes Rs 10,000 cr revenue sooner
Domestic telecom gear maker HFCL reported its highest-ever quarterly consolidated net profit of Rs 394.22 crore for the second quarter ended September 30, 2026, a multi-fold increase from Rs 72 crore a year ago, primarily due to strong demand for optical fibre cables from AI data centres.
22, 24 carat Gold prices up across other cities on October 19
UltraTech Cement Q2 Results: Net profit jumps 21% YoY to Rs 1,494 crore; revenue up 19%
UltraTech Cement Q2 Results: The cement maker reported a 21% year-on-year rise in consolidated net profit to Rs 1,494 crore in Q2 FY27, while revenue grew 19% to Rs 23,295 crore. However, profit fell 43% sequentially amid monsoon-related disruptions and the West Asia crisis, with margins also declining from the previous quarter.
Eternal Q2 preview: Brokerages expect market share gains, steady margins
Kotak Institutional Equities expects Eternal's revenue to rise 17.4 per cent quarter-on-quarter to 23,729.3 crore in Q2FY27.
Union Bank shares jump 5% as Q2 PAT rises 30% YoY, asset quality improves
So far this year, Union Bank of India's stock has risen 17 per cent, and 32 per cent in a year.
ABD fires up Moradabad bottling plant, deepens UP bet with 600 crore outlay
On the NSE, ABD shares were trading at 743.55 at the time of the announcement, down 0.68 per cent on the day, against a 52-week high of 766.90 hit just four days earlier on October 15
Jio Platforms is making waves with its IPO, drawing in around Rs 2.5 lakh crore from institutional investors, reflecting remarkable enthusiasm in the market. With backing from renowned global asset managers and sovereign wealth funds, this Rs 30,200 crore offering launches on October 21, featuring a price band of Rs 1,065 to Rs 1,119 per share. The company aims to use most proceeds to clear existing debts, enhancing financial stability.
Stretching your budget, ignoring insurance renewals, skipping servicing: 5 money mistakes new car owners should avoid to keep ownership costs in check.
IDBI Bank sale to Fairfax: What the Rs52,878 crore deal means
Kross share price zooms 20%, hits record high on huge volume; here's why
Till 01:03 PM on Monday, a combined 13.86 million shares representing 21% of Kross' total equity changed hands on the NSE and BSE.
Global Market: China backs IMF scrutiny of fiscal risks in major economies
China backed the IMFs efforts to monitor fiscal risks in major advanced economies and assess global spillover effects. PBOC Governor Pan Gongsheng highlighted rising debt, financial imbalances and cross-border capital flows, while opposing protectionism. The IMF urged China to strengthen domestic consumption and reduce reliance on exports.
HFCL stock hits upper circuit as Q2 FY27 profits surge over 5x y-o-y
Consolidated revenue for Q2 FY27 rose 143.62% year-on-year to 2,541.79 crore, up from 1,043.34 crore in the same quarter last year
Imagicaaworld sells hotel, acquires water park stake, eyes indoor entertainment push
The company completed full conversion of 2,34,82,500 convertible warrants into equity shares after receiving the balance 75% subscription amount of 129.45 crore from promoters and identified non-promoter investors
Union Bank of India posts 30% jump in Q2 profit, shares surge 4.7%
Interest income for Q2FY27 stood at 28,158 crore, up 4.24% year-on-year on a half-yearly basis, while net interest income rose 15.03% to 20,620 crore for the first half
Global Market: Indonesia stock exchange to meet MSCI after downgrade warning triggers market rout
Indonesias stock exchange will meet MSCI on Monday to seek clarity over a warning that could strip the country of its emerging-market status. The threat triggered a sharp selloff, wiping $65 billion off market capitalisation on Friday. A downgrade could prompt foreign fund outflows and weaken investor participation in Indonesian equities.
HFCL hits 5% upper circuit after 'best-ever' quarterly show; Q2 PAT up 448%
HFCL's consolidated profit after tax (PAT) reached 394.22 crore in Q2FY27, registering a growth of 448.14 per cent Y-o-Y.
Global Market: Eurozone bond selloff to weigh on growth, curb inflation, Lagarde says
ECB President Christine Lagarde warned that a global bond selloff is tightening euro zone financial conditions, raising borrowing costs and weighing on growth. Policymakers face a challenge balancing persistent energy-driven inflation risks against slowing economic activity.
Western Railway is developing a 307 crore Vande Bharat maintenance hub at Sabarmati in Ahmedabad. The facility will handle major repairs, wheel servicing and equipment overhauls, reducing the need to send trains elsewhere for scheduled maintenance
How much can a Zero-Forex credit card save you on an international trip?
International travel entails various expenses that can incur foreign exchange markup charges, impacting overall costs. Understanding forex markup helps travelers identify significant savings by comparing credit card options before applying. A zero-forex card may reduce costs on eligible international transactions, particularly during prolonged trips abroad. Additionally, travelers should evaluate overall benefits such as rewards and insurance besides forex charges.
Laurus Labs zooms 128% from March low; hits new high in weak market
Laurus Labs Q2 outlook: On the EBITDA front, analysts at Kotak Institutional Equities build in 67% YoY growth to 680 crore in Q2FY27 with EBITDA margin expansion of 680 bps to 31.2%.
Banks tap RBI's first cash auction in 3 months as market rates spike
The operation comes after several months of the central bank absorbing surplus liquidity that hit a record high due to hefty inflows from diaspora deposits mobilised to defend a weak rupee
Sensex crashes 765 pts intraday: Bank stocks, FPI selling among key factors
Stock market crash: The Indian benchmark indices, Sensex and Nifty, snapped their two-day gaining streak and declined 1 per cent today.
