26 C 
IBA forms panel with bank unions to discuss five-day work week demand
The constitution of the committee now provides a formal forum for the IBA and bank unions to continue discussions specifically on the implementation of a five-day banking week.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Niftys indicative price plunged 2% in two seconds during the closing auction session on monthly expiry, before recovering sharply. Analysts cited crude volatility, high US Treasury yields, FII outflows, IPO fundraising and geopolitical tensions as key market pressures.
Doctor visits, shopping, emails: Survey finds how employees are rewriting the 9-to-5
Doctor visits, personal emails and shopping are among the tasks employees handle during work hours, a survey finds.
Moving back to India with a foreign job: will your salary be taxed here?
An NRI returning to India may become taxable on salary for services rendered from India, even if the employer is Canadian and the salary continues to be credited to a Canadian bank account.
Tata stocks drop amid listing concerns; Titan and TCS lead decline
Titan and TCS led declines in Tata Group stocks as investor sentiment weakened amid broader market volatility and uncertainty over Tata Sons' listing
Haryana brings Delhi-Panipat-Karnal Namo Bharat corridor under TOD policy: What it means
The project is estimated to cost between 33,000 crore and 34,740 crore. Haryana will contribute its approved share towards the project in phases.
EPFO members can withdraw funds for medical, educational, or housing needs. Here's a look at the EPFO's rules for partial and early withdrawal by subscribers and the full list of reasons you can use to access your provident fund corpus.
Interest rates may stay higher for longer as the Fed resumes hikes. Axis MF expects the RBI to tighten rates and favours 1-3 year corporate bonds, while remaining cautious on long SDLs. Heres what debt mutual fund investors should know as bond yields rise.
SBI seeks clarity on bank accounts under proposed FCRA rules
State Bank of India presented to the Joint Parliamentary Committee regarding the Foreign Contribution (Regulation) Amendment Bill. Officials raised concerns about gaps in foreign donation handling when registration lapses occur. They suggested that clear banking procedures be established for affected organizations. The bill proposed transferring compliance responsibilities to a government-designated authority in certain cases. Opposition parties criticized the bill for potentially disadvantaging minority groups and impacting foreign funding for NGOs.
Market Trading Guide: Adani Ports, Rashi Peripherals among 6 stock recommendations for Wednesday
With 30 LPA salary, should you buy a luxury car worth 50 lakh? EMI maths explained
A 30 lakh salary can make a 50 lakh luxury car seem affordable, but monthly expenses like insurance and servicing can consume up to 50% of your income.
Lloyds Enterprises settles listing rule violations case with Sebi
Sebi has settled a case involving Lloyds Enterprises and former executives Rajesh Rajnarayan Gupta and Viresh Shankar Sohoni after Rs 4.16 crore was paid. The matter involved alleged disclosure, accounting and market conduct violations concerning Rs 144.82 crore in advances.
Nifty sees worst September series in 25 years. What does October hold?
Nifty posted its worst September derivatives series in 25 years, falling 6.7% and breaching its 200-week moving average. Foreign selling, elevated crude, a weak rupee and rising bond yields pressured equities, while analysts flagged 22,600 as a crucial support level.
Markets ride expiry-day seesaw as derivatives swings jolt Nifty
Nifty's half-yearly reshuffle and monthly expiry send volumes into overdrive
Strong growth for NEDFI during FY 202526
NEDFI maintained a strong financial performance during the year, with gross income growing by 4.40% to Rs. 270.82 crore. Interest income increased by 9.73% to Rs. 214.94 crore, while profit before tax stood at Rs. 127.77 crore and net profit at Rs. 92.23 crore.
Sensex, Nifty slip to near six-month lows as Rupee tests 96 against dollar
The Sensex closed at 72,529.07, down 242.65 points or 0.33% and The Nifty 50 settled at 22,716.20, lower by 64 points or 0.28%
Only 62 mn invest in MFs despite 500-550 mn UPI users in India: EY report
Investable household assets rose to nearly $5.2 trillion in FY25, while individual investors' share of the Indian equity market reached a two-decade high of 18.7%
Carnival raises annual profit forecast as demand grows
Our booking trends continued to strengthen throughout the quarter, with volumes meaningfully ahead of last year and far outpacing capacity growth. This momentum underscores the effectiveness of our demand generation efforts and the enduring appeal of our cruise lines, CEO Josh Weinstein said.
More than 100 million Indians could join long-term investing by 2035, says an EY report.
Global Markets: Tech stocks gain on Anthropic IPO optimism, offsetting high oil, yields
Sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corporate borrowing. Higher rates pile pressure on government, corporate and household budgets.
AIF real estate investments fall, but fund managers see continued demand
Repayments and refinancing may be offsetting fresh deployment even as funds see opportunities across residential, warehousing and redevelopment
CoinSwitch swings to profitability in FY26 as crypto platforms revenue climbs 150% to Rs 324 crore
CoinSwitch achieved profitability based on Adjusted EBITDA for FY26, with revenue growth of 150%. The company's revenue reached Rs 324.19 crore, leading to an Adjusted EBITDA margin increase to 27%. Operating costs increased by 37%, contributing to improved operating leverage. The platform focused on expanding its active user base and educating newcomers about crypto. CoinSwitch now serves over 2 crore users and supports more than 450 digital assets.
US stocks: S&P, Nasdaq open higher on oil retreat, tech optimism
The S&P 500 and Nasdaq experienced gains as oil prices retreated, bolstering optimism among technology stocks, partly due to media buzz surrounding Anthropic's impending public offering.
A high-level committee has been formed, including leadership from various banks and unions, to discuss the implementation of a five-day work week following a deferred strike by the UFBU due to ongoing concerns over incentives and other employee issues.
File ITR now or wait until the new 21 October tax audit deadline? What taxpayers need to know
The tax audit deadline for AY 2026-27 has been extended to 21 October, but taxpayers who have completed the audit need not wait to file their ITR. An expert explains when you can file early, key checks before filing, and how to revise the return if an audit error is found later.
Nomura sees earnings resilience, but oil, geopolitics weigh on valuations
Nomura expects earnings growth excluding oil and gas at 11-12% over the remaining nine months of FY27, while sustained crude above $100 could trigger earnings cuts
Global shares mixed after Wall Street dips; oil prices stabilise
U.S. futures edged lower and oil prices stabilised over uncertainties about U.S.-Iran talks and the possible reopening of the Strait of Hormuz, a crucial route for global oil shipments
Gold slips below 1.5 lakh per 10g in Delhi for the first time in 2 months
Gold falls 1,400 to 1.486 lakh per 10g in Delhi as weak local demand and a stronger US dollar weigh on prices
EY sees 100 million new long-term investors by 2035
Smaller cities, young investors and women are emerging as key sources of Indias next wave of wealth participation
China rolls out new measures to bolster its property sector and economy
China rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China's central bank, the People's Bank of China is lowing its interest rates for its pledged supplementary lending (PSL). The central bank will also increase the quota of relending for technological innovation by 200 billion yuan (about $30 billion) to a total of 1.4 trillion yuan ($208 billion). Chinese leaders are targeting a 4.5%-5% growth rate for the country's economy for the entirety of 2026.
BlueStone opens 3,200 sq ft Kolkata flagship, its first concept store
The new format targets consumers who wear jewellery as personal expression rather than for traditional occasions
EPFO wage ceiling rises to 25,000: How much will go towards your PF, EPS and EDLI in September 2026?
The EPFO wage ceiling has risen to 25,000 from 17 September 2026. If you earn 20,000, your September EPF and EPS contribution depends on your membership status. Here are three scenarios showing how much you and your employer contribute, and how EDLI applies.
India 10-year bond snaps four-day losing run as US yields ease
On Tuesday, Indian government bonds rebounded, marking the end of a four-day downturn spurred by softer US Treasury yields and declining crude oil prices. Despite this rally, apprehensions linger over persistently high global yields and the risk of inflation. The Reserve Bank of India may soon increase rates, complicating the bond landscape further. Additionally, significant factors like banking system liquidity and debt supply continue to challenge the market.
Senior citizens tax myth: Why bank TDS on interest income doesnt mean you can skip filing ITR
The requirement to file an ITR depends on several factors, including the taxpayer's total income, age, residential status and the nature of income earned during the financial year.
The signal-free route between East Delhi and AIIMS is expected to reduce travel time to around 1520 minutes. However, during peak hours or heavy traffic, commuters may take 3040 minutes.
SBI Funds Management: Centrum bets on strong franchise, growth runway; initiates Buy with 34% upside
Centrum Broking has initiated coverage on SBI Funds Management with a Buy rating and a Rs 700 target, implying up to 34% upside. The brokerage sees SBI AMCs extensive distribution network, strong B-30 presence, expanding retail franchise and growing non-MF businesses supporting AUM and earnings growth over the next three years.
Medico Remedies among 5 Healthcare stocks hitting 52-week low; slipped up to 48% in a month
The Sensex fell 242 points to 72,529 as five BSE Healthcare Index stocks touched fresh 52-week lows. Medico Remedies, Pfizer, AstraZeneca Pharma India, Sanofi Consumer Healthcare India and Eris Lifesciences recorded their lowest prices in a year.
Investor alert! Nifty cracks below key 200-week moving average for the first time since Covid
Nifty slipped below its 200-week moving average near 22,600 for the first time since the Covid crash, hitting 22,569 intraday. Analysts are watching whether the index can reclaim the key support, with 22,800 acting as immediate resistance amid sustained market pressure.
Fitch revises PRISMs outlook to positive, cites improving leverage and stronger cash generation
Fitch Ratings has revised Oyo parent PRISMs outlook to Positive from Stable while affirming its B ratings, citing improving leverage, stronger cash generation and sustained revenue growth. The agency expects EBITDA leverage to fall to 3.8x by FY28 and sees potential for further deleveraging if IPO proceeds are used for debt repayment.
Indians are buying more and more gold without receipt as prices, tax bite
India has more than doubled the import duty on gold and silver to 15%, and retail customers have to pay an additional 3% GST, amid surging bullion prices.
Rupee breaches 96 per dollar as oil surge stokes pressure; RBI intervention limits fall
The Indian rupee breached the 96-per-dollar mark for the first time since July as surging crude oil prices and a firm dollar weighed on the currency. RBI intervention helped the rupee recover and close at 95.98, but economists expect gradual depreciation over the longer term amid persistent external pressures.
Indian equities extended their decline on Tuesday, with Nifty and Sensex hitting fresh six-month lows. Broader markets also weakened, while Realty, Consumer Durables and Chemicals led sectoral losses. Bearish market breadth persisted despite gains in Metals and Pharma indices.
ABSLAMC launches industrys first BSE Total Market Index Fund, NFO opens September 30
The fund will track the BSE Total Market Index, giving investors exposure to approximately 93% of Indias total market capitalisation across large, mid, small and micro-cap segments
8th Pay Commission: How will salary hikes compare with the 7th CPC at the same 2.57 fitment factor? As the panel consults with employee unions and pensioner groups, here's how the revised basic pay is calculated, what employees can expect and when the recommendations may be announced.
India explores Chinas Hotan corridor as Pakistan airspace ban drags on
For Indian carriers, Air India and Indigo, the closure has meant longer routings for several international services, particularly those connecting northern India with Europe and North America.
The US will exempt select Indian specialty drugs and their ingredients from a new 100% pharma tariff. Heres what products qualify and why.
Brokers Call: Ellenbarrie Industrial Gases (Buy)
We maintain Buy as we expect EIGL to deliver revenue/EBITDA/PAT CAGR of about 32%/33%/30% over FY26-29E driven by: a 23% CAGR in merchant volume on account of strong capacity expansion
Cupid shares jumped 10% to Rs 291 after the companys inclusion in the Nifty Smallcap 250 index, effective September 30. The stock has surged 250% in six months, while strong June-quarter growth and raised FY27 guidance strengthen its growth outlook.
Amid some bumps, outlook positive for Tata Capital
Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.
IPO Today: Orient Cables, German Green IPOs see strong demand on last day; AceVector, Runwal follow
Orient Cables attracted the highest investor interest, followed by German Green Steel and Power, while AceVector and Runwal Enterprises also received subscriptions exceeding their respective offer sizes
AI Market Needs $6 Trillion Annually By 2031, Says Bain
A Bain and Company report projects the global AI market must reach nearly USD 6 trillion annually by 2031 to sustain massive infrastructure investments. This growth will largely depend on new innovations beyond productivity gains, with a significant gap needing to be filled by emerging revenue streams like autonomous vehicles, physical AI, and new AI-driven products. The report also highlights the surge in hardware and semiconductor industries due to AI compute demand and the importance of AI absorption for Indian companies.
Sensex, Nifty, Share Prices Highlights: Equity benchmark indices Sensex and Nifty ended lower for the second day on Tuesday as elevated crude oil prices triggered by uncertainty over the West Asia situation and foreign fund outflows weighed on investor sentiment.
Euro zone bond selloff hits pause, yields fall from multi-year highs
Germany's 10-year bond yield experienced a slight decrease after reaching a 17-year high recently. Rising global interest rates are driven by strong economic growth and elevated energy prices. The European Central Bank may implement additional rate hikes to combat inflationary pressures. Money markets are pricing in nearly four quarter-point hikes following previous increases over the summer. Investor concerns about further growth slowdowns due to higher long-term yields remain significant.
Michael Burry has accelerated his bearish outlook on AI stocks, shifting toward leveraged put options and expecting an earlier bubble burst. Citing research that weak AI revenue could trigger spending cuts, Burry compares current conditions with 1987 and the dotcom crash, while warning that excessive valuations and AI investment create market risks.
CAS chaos: Niftys indicative price drops 2% in 2 seconds, later recovers on monthly F&O expiry day
Nifty's indicative price sharply dropped by 2% during the closing auction session on monthly expiry day. The index fell from 22,684 to 22,249 within two seconds at 3:20:01. This sudden decline was followed by a rapid recovery, and it closed above the pre-CAS level. Typically, monthly expiry days bring heightened market volatility, contributing to such fluctuations. Overall, Nifty lost 64 points or 0.28% on that Tuesday.
Bitcoin near $83,900, Ethereum around $2,680 as crypto markets consolidate: Here is what experts say
Bitcoin consolidated near $83,900 while Ethereum traded around $2,680 as crypto markets experienced macro-driven risk-off pressure. Experts cite rising US Treasury yields, high crude oil prices, and profit-taking for the pullback, while noting strong institutional ETF inflows and key support levels holding steady across major tokens.
Rupee ends nearly flat as traders remain glued to oil moves, RBI caps fall
The rupee had declined 0.2% to 96.1475 in early trading but trimmed losses to close nearly flat at 95.98 as Brent oil prices turned lower on the day, after touching a peak of nearly $108 per barrel.
Aditya Birla Sun Life AMC launches India's first BSE Total Market Index Fund, ETF
The new fund offering will start on September 30 and end on October 14
Global Market: Japan 2-year bond yield nears 2% as BOJ rate hike bets rise
Japans two-year government bond yield neared 2%, its highest level since 1995, as persistent inflation, yen weakness and expectations of further Bank of Japan rate hikes pushed short-term borrowing costs higher.
Balancing regulatory oversight and operational autonomy in insurance sector
Regulators should act firmly on solvency, mis-selling, policyholder mistreatment and conduct violations, while leaving legitimate decisions on capital allocation, distribution and management incentives to insurers boards.
Global Market: European stocks edge higher, tech shares lead gains
European shares rose 0.3%, led by technology and semiconductor stocks, as investors responded to Anthropics AI expansion plans and potential $2 trillion valuation. Gains were capped by higher oil prices, elevated bond yields and Middle East tensions. Markets awaited U.S. job openings and euro zone consumer confidence data for further economic signals.
India can add over 100 million long-term investors by 2035: Report
According to an EY India report, India could add over 100 million long-term investors by 2035 as investing expands beyond metros and affluent households. Despite having more than 550 million active UPI users, only around 62 million people invest in mutual funds and about 50 million actively participate in equities, highlighting the large untapped investor base.
Transport Corporation of India approves shares buyback of Rs 150 cr
At board meeting held on 29 September 2026
Imagicaa allots 2.34 cr equity shares on conversion of warrants
Imagicaaworld Entertainment announced that its board has approved the allotment of 2,34,82,500 fully paid-up equity shares of face value of Rs. 10 each, at an issue price of Rs. 73.50 per equity share, pursuant to the conversion of convertible warrants originally allotted on a preferential basis in March 2025.
Gold traders to protest on Oct 15 against MDR on UPI dealings
Imposing UPI chargeson top of high capital investment, price volatility and market sluggishnessthreatens the very survival of small- and medium-sized jewellery businesses
Top TV executive urges government to lift BARC ratings suspension ahead of festive season
Kevin Vaz, CEO of entertainment at JioStar, said at FICCI FRAMES that the blackout of viewership data since 3 July is disrupting ad planning for broadcasters and agencies during peak festive campaigns.
CARE Ratings reaffirms ratings of Everest Kanto Cylinder at 'A-/A2+'
Everest Kanto Cylinder said that the credit rating agency CARE Ratings has reaffirmed the company's long-term rating at 'CARE A-' with 'stable' outlook.
Fuel rationing begins at Indias Reliance, Nayara pumps as crude prices surge
Private fuel retailers are taking measures to ensure availability as industrial demand and bulk purchases add pressure on supplies
CleanMax partners with Nuvoco for a 46.4 MW wind-solar project
Clean Max Enviro Energy Solutions and Nuvoco Vistas Corporation have partnered to advance renewable energy adoption in Rajasthan through a 46.4 MW wind-solar hybrid project.
Bosch Home Comfort India surges 8%; hits 52-week high in weak market
The stock price of Bosch Home Comfort India hit a 52-week high of 1,948 on Tuesday, and has bounced back 91% from its 52-week low of 1,022.10 hit on March 30, 2026.
Sansera Engineering Ltd leads losers in 'A' group
Premier Energies Ltd, PB Fintech Ltd, Patanjali Foods Ltd and NESCO Ltd are among the other losers in the BSE's 'A' group today, 29 September 2026.
Global Health acquires 10,560 sq. metre land parcel in Ghaziabad
For development of proposed 350-bedded hospital
Personal guarantor insolvency: Why the regulator is tightening the data trail
Personal guarantor insolvency resolution has been going on since late 2019, when provisions for such guarantees to bankrupt firms were notified. But unlike in corporate insolvency resolution process, there was no central electronic system capturing details of cases involving personal guarantors.
Transport Corp board approves Rs 150 crore share buyback at 11% premium
The board of Transport Corporation has sanctioned a share buyback of Rs 150 crore, intending to purchase 15.62 lakh equity shares at a premium price. This move aims to boost shareholder value while simultaneously establishing a new subsidiary in China to enhance the company's logistics network. This initiative aligns with a broader strategy for international expansion in significant trade areas.
TCI shares gain 1.5% as board approves 150 crore buyback
The company's board met on Tuesday, September 29, to consider a proposal for buyback of fully paid-up equity shares
India bonds edge up on short covering as US yields cool
Indian government bonds experienced a rise after a sharp selloff raised benchmark yields. US Treasury yields decreased, leading to investors unwinding their short positions. Reports of potential US-Iran talks contributed to the buying momentum observed in the market. Concerns over inflation and global borrowing costs have influenced expectations for a Reserve Bank of India rate hike.
Subway restaurants operator EverBrands India files papers for Rs 600 crore IPO
EverBrands India Ltd is gearing up to raise Rs 600 crore via an initial public offering of equity shares. This funding will support the repayment of debts and finance the establishment of new Subway outlets. As a multi-brand food and beverage platform, Culinary Brands India has experienced remarkable revenue growth in the quick-service restaurant sector over the past two fiscal years.
Indices trade in negative terrain; IT shares plunge for 8th day
At 14:25 IST, the S&P BSE Sensex declined 387.89 points or 0.53% to 72,390.56. The Nifty 50 index dropped 119 points or 0.52% to 22,661.25.
Gold edges up from 7-week low; all eyes on West Asia, US economic data
Investors weigh geopolitical tensions and a busy US data slate as gold markets monitor policy signals and inflation risks
Subway restaurants operator EverBrands India files papers for 600 cr IPO
EverBrands India Ltd, which operates Subway restaurants, has filed draft papers with markets regulator Sebi to raise Rs 600 crore through an initial public offering. The IPO is entirely a fresh issue of equity shares, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. Of the proceeds, the company plans to use Rs 125 crore of the proceeds to repay or pre-pay borrowings of its wholly-owned subsidiary Culinary Brands India and Rs 326.85 crore to fund the setting up of new Subway stores under the company-owned-company-operated (COCO) format. Also, the remaining proceeds will be utilised for general corporate purposes. EverBrands India, formerly known as Culinary Brands Pvt Ltd, is a multi-brand food and beverages platform comprising Subway, Lavazza, Dilmah and its own Fresh & Honest brand. In the quick service restaurant (QSR) segment, the company holds master franchisee rights for Subway restaurants across India, Sri Lanka and Bangladesh. As of March 31, 2026, ..
Long-term investor base could expand by over 100 million by 2035: EY
The report identifies Tier-2 and Tier-3 salaried households, women, young professionals and Gen Z investors as key groups that could drive the next phase of wealth creation
Powered by Capital Market - Live News
Pine Labs extends tech partnership with Woolworths Group
Pine Labs said that the company has extended its technology partnership with Woolworths Group for their gift card ecosystem through enhanced platform capabilities, deeper API integrations, and support for new digital stored-value experiences.
Skyways' Vietnam Overseas Office receives appreciation award from Air India Cargo
Skyways Air Services' Vietnam Overseas Office has received an Appreciation Award from Air India Cargo in Vietnam, recognizing its service excellence, operational reliability and valued partnership in the region. The award was conferred across two key stations, Ho Chi Minh City and Hanoi, underscoring Skyways' consistent performance and strong footprint in Vietnam's air cargo market.
Mahindra & Mahindra Financial Services raises Rs 1250 cr via NCDs
The same includes Base issue size of Rs. 1000 crore plus Green shoe subscription of Rs. 250 crore aggregating to Rs. 1250 Crore. The said NCDs have been issued at a Fixed Coupon of 7.95% p.a. and are proposed to be listed on the Wholesale Debt Market Segment of BSE.
Global Market: Eurozone bond selloff pauses, yields stay near multi-year highs
Eurozone government bond yields eased after a sharp selloff pushed borrowing costs to multi-year highs. Investors remained focused on elevated energy prices, inflation risks and expectations for further ECB rate hikes, while Germanys 10-year yield slipped from recent highs.
HDFC Flexi Cap Fund turns Rs 10,000 SIP into Rs 23 crore in 31 years, AUM crosses Rs 1 lakh crore
HDFC Flexi Cap Fund turned a Rs 10,000 monthly SIP into Rs 22.96 crore in nearly 31 years. The fund has delivered a CAGR of 18.37% since inception and outperformed the NIFTY 500 Index (TRI) in 21 of 31 calendar years.
Groww rolls out US stocks to select users via GIFT City route
The offering allows users to buy and sell US securities directly through the Groww app and also supports fractional investing.
NCC jumps after bagging order worth Rs 1,077 crore
NCC rose 1.11% to Rs 131.50 after the company announced that it has secured an order worth Rs 1,076.71 crore from the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh.
