19 C 
AFT's Chandigarh Bench rules that Wing Commander Chandi is entitled to pension and other retirement benefits after modification of its 2015 judgment.
SIP investments outperformed lump-sum investing in six of 10 major global equity markets over 30 years, according to DSP Mutual Fund. Japan recorded the biggest SIP advantage, while Brazil delivered higher returns through lump-sum investments.
Wall St slips as hot inflation data fuels rate-hike jitters; Nvidia down 4%
Wall Street fell after stronger-than-expected US inflation data fuelled expectations of a December Fed rate hike, while Brent crude briefly dropped below $90 a barrel.
Unemployment Rate Dips to 5.1% in July-September 2026
India's unemployment rate for individuals aged 15 years and above saw a marginal improvement, dipping to 5.1 per cent in the July-September 2026 quarter from 5.4 per cent in the previous quarter, according to the Periodic Labour Force Survey (PLFS). The decline was primarily driven by a fall in rural unemployment, while urban joblessness remained largely stable.
Basic pay of 29,200, Dearness Allowance, HRA and Transport Allowance determine monthly gross salary; annual earnings reach approximately 7.47 lakh in X-class cities.
The NCPA has urged EPFO to stop rejecting EPS-95 higher pension claims, withdraw its January 2025 circular and withdraw pending court appeals, alleging that retirees are being denied benefits through technicalities despite the Supreme Court's 2022 judgment.
The Bihar Cabinet has approved a three-percentage-point increase in dearness allowance for state employees and dearness relief for pensioners, effective July 1, 2026.
Anthropic Kicks Off IPO Roadshow, Targets Raising $64.35 Billion
Artificial intelligence company Anthropic has officially launched its initial public offering (IPO) roadshow, aiming to raise up to USD 64.35 billion by offering 825 million shares at an expected price range of USD 70 to USD 78 per share. The company plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol 'ANT'.
Gifts received from a brother are exempt from income tax, regardless of value. Here's when it becomes taxable.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half percentage point hike may be necessary if core prices continue rising. The Consumer Price Index showed a month-over-month increase of 0.4% in October, with core inflation remaining persistent. The bond market reacted strongly to these developments, significantly affecting Treasury yields.
The LDA approved land allocation for a Metro yard and the expansion of the Ram Manohar Lohia Institute of Medical Sciences.
US stocks: US market opens lower after October's hot inflation print
Wall Street's main indexes opened lower on Tuesday after hotter-than-expected inflation data for October threatened to pause a two-day rebound in tech shares and revive the selling
The Supreme Court has clarified that a grandson cannot claim a birthright in property inherited by his father under the Hindu Succession Act, 1956. The ruling explains when inherited property becomes the father's exclusive property.
Anthropic's potential mega IPO joins ranks of world's biggest stock market listings
Anthropic has kicked off its U.S. IPO roadshow, seeking to raise up to $64.4 billion by offering 825 million shares. This latest valuation stands at roughly $1.4 trillion, representing a drop from earlier estimations of $2 trillion. Notably, tech giants like Alphabet and Microsoft are set to invest $26 billion in a private placement.
The government has clarified pension commutation rules for central government retirees, identifying five categories eligible to commute pension without medical tests. Pensioners must meet the one-year deadline, while others may need medical examination.
Salary-slip deductions do not guarantee that employers deposit provident fund contributions. Here's how employees can check the status and report discrepancies, if any.
WRAPUP 2-US consumer prices rise above expectations in October
US consumer prices increased more than expected in October, leaving the Federal Reserve on course to raise interest rates next month. The Consumer
Mahindra: India Has A Compelling AI Opportunity
Mahindra Group Chairman Anand Mahindra stated on Tuesday that India possesses a compelling AI opportunity, citing the nation's software talent, systems integration expertise, and vast domestic market for AI applications. He believes this potential could give renewed interest in Indian equities more staying power.
Your first salary is an opportunity to build sound financial habits. From budgeting and creating an emergency fund to buying health insurance, managing credit cards and starting SIPs, here are five money decisions young earners should make early.
Nasdaq futures dip as Nvidia woes persist; Anthropic IPO in focus: Stock Market Live Updates
Cognizant's New Claude AI Group
Cognizant has announced the formation of the 'Claude Frontier Capability Group', comprising over 25,000 professionals dedicated to implementing Anthropic's Claude AI for clients. This initiative, coupled with a new managed services model, aims to help enterprises integrate AI from pilot to production, addressing the challenge of delivering business value from frontier AI capabilities.
Nasdaq futures slip with Nvidia woes, Anthropic IPO in focus
Nvidia's CEO Jensen Huang is facing scrutiny, impacting investor sentiment in the tech sector. Anthropic is preparing for a huge initial public offering, potentially raising $64.4 billion. The market is anxious about upcoming inflation data that could influence stock performance. Cooling oil prices have provided some optimism among investors and pushed Dow futures higher. Concerns over the sustainability of the AI boom continue to linger in the background.
India doesnt have a savings problem. It has a savings incentive problem
Indian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn meaningful value while it waits to be used.
When every bank has an app, what actually makes digital banking different?
With UPI resetting customer expectations, the real differentiator in digital banking is no longer having an app, but how seamlessly it brings payments, savings, investments and credit together in one place.
Banks will be closed in Gangtok, Imphal, Kanpur, Kolkata, Lucknow and Shimla on Wednesday, November 11, for regional festivals. Details here.
EPFO's VISHWAS 2026 scheme allows eligible employers to settle pending PF damage disputes at reduced rates, starting at 0.25% per month. The one-time settlement window closes on 28 December 2026. Interest and PF contributions remain payable.
Weekly Rupee View:Poised for further gains
Sharp fall in crude prices and strong foreign inflows support further appreciation
Individual ownership in NSE-listed firms hits record 19.5% in Q2FY27
Combined direct and mutual fund holdings of individuals reached 90.4 trillion in September, while FPI ownership fell to a 21-year low of 14.7 per cent, NSE data showed.
FPIs turn net buyers in November, pump 53,739 crore into Indian equities
Foreign investors turned net buyers of Indian equities in November, infusing Rs 53,739 crore in the first nine days after two consecutive months of outflows, driven by the AI-led sell-off in global markets, strong domestic earnings growth and attractive large-cap valuations. The latest investment follows net outflows of Rs 34,843 crore in October and Rs 35,861 crore in September, according to data available with the depositories. The sudden change in FPI stance was triggered by the AI sell-off in the US and other AI markets like South Korea, Taiwan and Japan. This sell-off, in turn, was triggered by fears surrounding data centre spending in the US. The Democrats, who won both chambers of Congress, are opposed to indiscriminate data centre spending. They will demand guardrails for AI, said V K Vijayakumar, Chief Investment Strategist at Geojit Investments. The AI-led sell-off has made India, widely regarded as a non-AI trade, an attractive destination for Foreign Portfolio Invest
The NC-JCM has proposed major changes for central government employees under the 8th Pay Commission, including higher minimum pay, 6% annual increments, increased pensions and allowances, and doubling leave encashment to 600 days.
US Treasury yields rise as Fed's Waller presses rate hike case
Following remarks from Federal Reserve Governor Christopher Waller, short-dated Treasury yields saw an uptick, as he proposed the necessity of action despite seemingly moderated inflation data. Waller highlighted a possible half-point rate increase if inflation intensifies, signaling potential shifts in monetary policy. Economists expect a modest rise in core inflation, guiding market anticipations as money markets now fully reflect a 25 basis point increase in December.
Bajaj Finance issues 5.74 crore warrants to promoter for Rs 5,799 crore
Bajaj Finance has allotted 5.74 crore warrants to its promoter, Bajaj Finserv, for Rs 5,799 crore. The special committee of the board approved the issue at an issue price of Rs 1,010 per warrant. Each warrant is convertible into an equivalent number of equity shares of the company. A minimum of 25 percent of the consideration is payable at allotment, while the remaining 75 percent will be payable later.
FPIs turn net buyers; pour Rs 53,739 crore in D-Street in Nov so far
In November, foreign investors reversed a trend of selling by making substantial purchases of Indian equities. This shift followed a global sell-off triggered by AI developments affecting markets worldwide, including the US and Asia. The allure of strong domestic earnings growth alongside attractive valuations in large-cap stocks reignited investor interest in India, particularly in the financial services and technology sectors, with noteworthy activity also seen in the debt market.
NMDC in talks with Russias Rosatom to explore lithium mining and processing opportunities
Indias efforts to diversify critical mineral supplies are gaining momentum amid growing demand from battery manufacturing and electric vehicle industries
Eurozone bond yields fall as lower energy prices ease inflation concerns
On Tuesday, government bond yields in the Eurozone experienced a notable drop, particularly for French and Italian bonds. The easing of inflation worries, attributed to falling oil and natural gas prices, enhanced demand for bonds. Germany's 10-year bond yield fell to 3.25%, while France's decreased to 4.69%. Boosted by the US President's calming remarks, market sentiment improved, especially for nations that had faced challenges in their bond markets.
Axis Bank wants AI to hold borrowers hands
Axis Bank is building an AI assistant to help hesitant customers finish online loan applications. It hopes to lift the share who end up borrowing from 8% to 12-15%.
Foreign investor sentiment towards Indian equities has improved, with recent purchases signalling a possible reversal after an extended period of substantial withdrawals
World stocks rise as oil slips below $90 on hopes of US-Iran peace talks
European and US equity futures gain as easing oil prices lift investor sentiment ahead of US inflation data that could shape expectations for the Federal Reserve's interest rate outlook
Domestic Cathode Material Production Gets Government Nod
Lohum's subsidiary Vidyuta has secured government approval under the Electronics Component Manufacturing Scheme (ECMS) for a 20 KTPA cathode active material manufacturing facility, involving a Rs 500 crore investment. This initiative aims to boost domestic production of critical lithium-ion battery components, reducing import reliance and strengthening India's electronics manufacturing ecosystem.
Domestic institutional buying and improving sentiment helped Indian equities rebound, even as global uncertainties continued to weigh on investment decisions
EPFO has shifted the venue of its 240th CBT meeting on 19 November from Gujarat to New Delhi. The meeting comes amid media reports suggesting a possible increase in the minimum EPS pension from 1,000 to 3,000.
Promoter shareholding in listed companies hits three-year high at 41.93% in September quarter
Domestic investors strengthened their presence in Indian equities during the quarter, even as foreign institutional investors continued trimming their exposure
Bullish signals! GIFT Nifty jumps 1% as crude oil prices test $90/bbl
A decline in oil could also influence the interest rate outlook amid easing inflation fears.
Foreign equities under pressure: what should investors do?
Indian investors are looking beyond domestic equities, but recent overseas market corrections underline why global exposure should be a long-term diversification strategy, not a bet on past returns.
How travellers are working around pricey flights for winter holidays
Travellers are finding creative ways to preserve their winter holidays despite soaring airfares. Some are swapping flights for trains and road trips, while others are choosing domestic destinations over international ones.
Oil prices fall as Trump signals pause in military action against Iran
Brent crude falls 1.7% to $90.99 a barrel and WTI drops 1.8% as Trump's remarks ease concerns over prolonged supply disruptions in the Middle East
Mutual funds' Nifty 50 allocation falls to 21-year low
Exposure slips below 50% for first time in over two decades as funds broaden portfolios beyond benchmark stocks
With Bhai Dooj around the corner, consider gifting your sibling gold ETFs instead of traditional gold. Know how to transfer ETF units through demat accounts, how gifting differs from mutual funds, the available transfer routes, costs and tax implications.
Mutual fund NFOs: Only 2 mutual fund NFOs are open for subscription. Check details
Only two mutual fund new fund offers (NFOs) are currently open for subscription. Edelweiss Nifty Energy ETF will close on November 13, while Aditya Birla SL FMP-VC-114D will remain open until November 17. Here are the key details, including their categories, subscription deadlines and minimum investment amounts.
How intelligent commerce is shaping the next frontier of merchant payments
For a decade, the task in Indias merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers behalf.
22, 24 carat Gold prices down across metro cities on November 10
22, 24 carat Gold prices down across other cities on November 10
AI slump sends investors scouring emerging markets for bargains
NSE Nifty 50 Index jumped 2% on Friday, capping its best week since 2021, while other benchmarks across Asia and Europe were mired in red
The next problem to solve: When money arrives, what can merchants do in the meantime?
At GFF 2026, PRISM founder Ritesh Agarwal and Adyens Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hotel owners, how quickly money arrives now matters as much as whether a payment is accepted, and why AI is changing back offices faster than it is changing how people buy.
A Rs 10 lakh gift from a husband invested in mutual funds and shares may attract income clubbing provisions. While gains from the initial investments are generally taxed in the husband's hands, returns on reinvested gains may be taxable to the wife.
Helios Mid Cap Fund: Paytm, MCX, Park Medi World among key stocks bought and sold in October
Samir Arora-backed Helios Mid Cap Fund added three new stocks and increased exposure to 18 others in October. The fund completely exited Park Medi World, while its highest sectoral allocation remained in finance at 16.22%.
Incorrect personal or employment details in your EPF account could create hurdles when withdrawing money, transferring PF balance, or settling claims. EPFO has highlighted its Joint Declaration facility, allowing members to request corrections to their records through the Member Portal.
Hyderabad's Lakdi-ka-pul one-way traffic trial: The proposed changes will reportedly cover the stretch between Ravindra Bharathi, Lakdi-ka-pul and Iqbal Minar junctions.
CPSEs achieve 60% of FY27 capex target by October
Central Public Sector Enterprises (CPSEs) have achieved nearly 60 per cent of their FY27 annual capital expenditure (capex) target of approximately 8.43 trillion during April-October, broadly aligning with the previous financial year's performance. This significant spending, up 13 per cent year-on-year, is a crucial component of India's investment-led growth strategy.
Gold hits $4,135, silver outpaces yellow metal as Diwali shuts markets
Both metals extended a rally from Monday
With Diwali over, NPCI has yet to announce the implementation date for MDR on select UPI payments above 2,000. Here's what you need to know about the proposed 0.4% charge, sector-specific rates, and whether merchants or customers will bear the additional cost.
The blaze was reported at 11:20 pm on Sunday after unidentified individuals allegedly burst crackers near the rail lines. The fire had already compromised the signalling network close to the tracks despite a prompt response
Why Rocket Lab shares fell despite record revenue and booming Neutron demand
Rocket Lab shares fell over 6% in after-hours trading after the company reported a wider-than-expected Q3 loss despite record revenue and a growing order backlog. Investors also weighed Neutron's delayed maiden launch, higher development costs and upbeat fourth-quarter revenue guidance.
The remake strategy is evolving and Bollywood must take note
With originals widely available on streaming platforms, Hindi remakes must offer more than a copy. Experts say a fresh take on proven IP can draw audiences, citing Drishyam 3s strong opening.
India launches probe into dumping of aluminium products from China, Malaysia, Vietnam
The DGTR has suo motu initiated an investigation into alleged dumping of aluminium products, following concerns that a surge in cheap imports is hurting domestic manufacturers, particularly MSME units.
Who is Aaryamann Sethi? Meet Archana Puran Singhs son who built his dream home with YouTube
Aaryamann Sethi runs a YouTube channel named Aary Vlogs, where he shares family moments, personal life updates, and original music. He has 3,84,000 followers as of November 2026.
Easing oil, bond yields to support bank margins, RBI rate hikes likely in Dec: Jefferies
The brokerage expects bank credit growth to ease to 14-16 per cent by March 2027 and around 13 per cent by March 2028.
American Express India has deducted Membership Rewards points linked to cancelled cards, leaving some customers with negative balances. The move has raised concerns about pooled reward points, the 30-day forfeiture rule, and how affected cardholders can challenge the deductions.
Penny stocks look cheap, but the risks can be expensive
Low prices can disguise weak businesses, poor liquidity and manipulation risks. Sebis proposed clean-up is a reminder that penny stocks can be costly bets.
Playback singer Shreya Ghoshal recently offered a glimpse of her 29-crore Worli home during Farah Khan's YouTube visit. From earthy interiors and a cosy balcony to a piano and a functional guest room, here's a look inside her Mumbai residence.
Asian stocks gain as Wall Street tech rally lifts investor sentiment
Japan's benchmark Nikkei 225 rose 2.6 per cent to 60,279.37.
Gold edges lower as focus shifts to US inflation data
Spot gold was down 0.6% at $4,114.48 per ounce, as of 0430 GMT. US gold futures for December delivery edged 0.2% higher to $4,123.50.
Nuvama Institutional Equities expects five midcap stocks, including Bosch, Zydus Lifesciences and Lodha Developers, to move into the largecap category in AMFI's H1 CY27 reclassification. Jio Platforms and NSE are also expected to enter the largecap segment.
Another billion-dollar IPO: After Jio and NSE, what should investors know about Mahanadi Coalfields?
Mahanadi Coalfields is gearing up for a potential $1 billion IPO that could value Coal India's subsidiary at up to $10 billion. With Sebi clearance secured and investor meetings underway, the offering could be among India's biggest public issues. Here's what investors should know about the company's operations, financial performance, IPO structure, key customers and growth prospects.
Anthropic plans IPO live stream with Amodei, JPMorgan CEO Dimon
Anthropic PBC is preparing for a live-streamed event featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon. This event is aimed at marketing their upcoming initial public offering, which might break records. The IPO is set to begin marketing shortly and is planned to debut before the Thanksgiving holiday. Anthropic is targeting an offering size similar to SpaceX's IPO, which raised significant funding.
NSE deploys liquid cooling technology for AI infrastructure, targets 224-GPU capacity
The deployment is aimed at supporting high-density GPU-based computing through a scalable cooling architecture.
Markets closed today for Diwali-Balipratipada, trading to resume on November 11
n the previous trading session on Monday, the benchmark BSE Sensex gained 0.13% to close at 81,106.65, while the broader NSE Nifty 50 advanced 0.23% to 25,044.65
Gold and silver prices declined on 10 November as investors awaited key US inflation data. Check the latest 24K and 22K gold rates and silver prices across major Indian cities and key factors influencing international bullion prices.
Asian stocks rise amid falling oil prices on hopes of US-Iran talks
Asian markets gained as Brent crude slipped 1% to $91.56 a barrel after Trump signalled a pause in further military strikes against Iran, easing inflation concerns ahead of key US price data
Speaking on the sidelines of ET Wealth Expo 2026, Ashish Mehrotra, MD & CEO of Northern Arc Capital, said India's strong economic growth, supported by robust credit expansion, is creating a favourable environment for the private credit market.
In this edition of ETMarkets Management Talk, Ashish Mehrotra, Managing Director and CEO of Northern Arc Capital, discusses the company's next phase of growth, its plans to expand the D2C business, and how a higher share of direct lending could support margins and return ratios. He also explains Northern Arc's broader strategy of combining a growing balance-sheet-led lending business with a capital-light, fee-based Credit Solutions platform to drive sustainable long-term returns.
With Diwali celebrations over, salaried employees should understand how employers' festive gifts, vouchers and cash bonuses are taxed. The rules prescribe different tax treatments for these benefits, which can affect employees' taxable income and overall tax liability.
Anthropic initially shared its IPO filing details but later retracted the information due to inaccuracies. The company aimed to sell approximately 867 million shares priced between $70 and $80 each. A follow-up email clarified that these pricing details were incorrect. Anthropic indicated that an updated filing would be provided later. The company has chosen not to provide further comments regarding the situation.
Stock market holiday: NSE, BSE to remain closed for Diwali-Balipratipada
Stock market holiday today: Stock markets will remain closed on Tuesday, November 10, on account of Diwali-Balipratipada.
EXCLUSIVE-Anthropic sends out, then retracts details of IPO filing, emails show
Anthropic sent out and then retracted details of its blockbuster IPO filing, according to emails to bankers seen by Reuters late on Monday. The artificial intelligence company first sent a copy of a filing that showed Anthropic aimed to sell about 867 million shares in a p
Oil falls as Trump downplays prospect of escalation with Iran
Oil prices fell due to President Trump's announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel while WTI futures reached $86.50. Trump stated he would maintain a naval blockade in the Strait of Hormuz temporarily. OPEC's oil output increased in October, supported by higher production from Saudi Arabia and Kuwait.
SP Group arm to tap bond pipeline to raise Rs 1,500 crore
Shapoorji Pallonji Group's financing unit Eqyizen Investment is planning to raise 1,500 crore through a tap issue. The fundraising is scheduled around November 23 and will support refinancing efforts and liquidity needs. Proceeds will be allocated for repaying existing bondholders and funding group entities. The company aims to negotiate with bondholders to relax existing covenants governing the use of proceeds.
Gold dips ahead of US inflation data
Gold prices edged lower in early Asian trade on Tuesday as investors awaited US inflation data later in the day for clues on the Federal Reserve's next policy move.
Global Market Today: Asian stocks rally after US tech surge, oil slump
South Korea
