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Paytm Q2 FY27 profit rises over 10-fold to 225 crore; revenue grows 28% to 2,648 crore
EBITDA increased 90% y-o-y to 270 crore, its highest ever for a quarter, with the EBITDA margin expanding to 10%, reaching double digits for the first time
Stay tuned to businessline for more business, financial and stock market news.
The Karnataka High Court has dismissed the criminal charges against homebuyer Mr. Bari, who stopped repaying his loan EMIs after learning that the builder had sold his booked flat to another buyer. The State Bank of India accused Bari of misusing the loan funds, but the court determined that the bank mishandled the situation by pursuing criminal charges. The fate of Bari's initial flat booking and investment remains unclear.
The questions ET Wealth Expo 2026 will actually answer, and why they matter right now
Should you continue investing in equities in the age of AI? Is your retirement plan on track? And have you considered how your wealth will be passed on to the next generation? The ET Wealth Expo 2026 will address these and other financial questions on October 30 and 31 in Mumbai.
SoftBank vehicle sells 3.58 crore Ola Electric rights entitlements amid 1,000-crore issue
The investment vehicle sold 1.21 crore REs on October 22 and 23, followed by another 2.37 crore on October 26, according to exchange data.
BFSI Insight Summit: Looking at if we can have YONO Bharat, says C S Setty
SBI Chairman C S Setty says the bank is working with NPCI to prevent UPI merchant charges from reaching customers, while FCNR(B) inflows will ease deposit competition
Bank of Maharashtra reports 41% jump in Q2FY27 net profit at 2,310 crore
The Pune-headquartered public sector bank, which reported a net profit of 1,633 crore in the year ago quarter, logged a robust growth in advances amid improvement in asset quality
Q2 Results Today, 26th October 2026 Highlights: Stay tuned to businessline for more Q2 updates
SBI working on launching exclusive YONO Bharat mobile banking app for Jan Dhan customers
The app likely to be launched in 6-12 months
MFIN to issue PAN, CKYC guidelines for microfinance lenders in 10-15 days
Industry body MFIN aims to strengthen borrower identification and credit underwriting by encouraging lenders to adopt PAN and CKYC records within an aspirational 18-month timeline
Tamilnad Mercantile Bank records highest-ever net profit of 451 crore for Q2
Total Business grew by 27.25%, highest year on year growth since listing of the bank. Net Interest Income for the quarter stood at 807 Crore, a growth rate of 35.17% YoY
Bank of Barodas standalone primary dealer subsidiarycommences operations
BoB says this marks an important milestone in its strategy to strengthen its presence in government securities and debt capital markets
SBI chief expects 50 bps repo rate hike in MPCs next meeting
Rate hikes may weigh on discretionary consumption demand, says Chairman
Indian Overseas Bank Q2 net surges 56% on strong interest income growth
Lender eyes $500 million ECB funding by December
Shift to rate hikes may impact consumption credit demand; will not hurt retail asset quality: Setty
Pointing to the robust 7.1% growth expected this fiscal year, Setty said the demand from productive sectors is unlikely to be impacted
ITC Hotels reports revenues of Rs 1054 cr for Q2, PAT at Rs 203 cr
ITC Hotels reported strong second-quarter growth, with revenue rising 26% and net profit increasing 52% year on year, supported by higher room rates, occupancy and demand from business events. The company also expanded its portfolio through new hotel signings, the Welcomhotel Ahmedabad acquisition and a land allotment in Lucknow.
Can a husband avoid paying maintenance by claiming he has no income?
Allahabad High Court has ruled that a husband capable of earning cannot escape his obligation to maintain his wife by citing unemployment or poor business performance
FII outflows stabilising, India story intact, say foreign bank CEOs
Speaking at Day 1 of the BS BFSI Insight Summit 2026, foreign bank CEOs discussed FII outflows, the long-term India growth story, cross-border capital flows, and opportunities in SME financing
IFC lends $150 million to SBI to support 8.6 lakh rural women borrowers
The social loan is expected to benefit around rural women across agricultural value chains, including crop cultivation, animal husbandry, fisheries and food processing
JioBlackRock has launched the Advantage World Equity Fund through GIFT City, offering eligible Indian investors access to global developed-market equities. The feeder fund invests primarily in BlackRocks actively managed strategy spanning the US, Europe and Japan.
IOB Q2 net profit rises 56% to 1,912 crore on higher interest income
Interest income of the bank rises 17% to 9,201 crore during the September quarter
5 ways to invest in gold this Dhanteras and Diwali: From jewellery and gold ETFs to digital gold
Gold purchasing sees a significant rise during Dhanteras and Diwali, celebrated for their cultural relevance. Investors can explore various avenues like physical gold, ETFs, and digital gold options.
Tamilnad Mercantile Bank Q2 net profit up 42% to 451 crore
Interest income of the bank rose 29% to 1,820 crore during Q2 of FY27
Top 5 gold funds and ETFs with highest risk-adjusted returns. Check their 3-year performance
Gold funds with the highest Sharpe ratios offer strong risk-adjusted returns, with UTI Gold ETF FoF leading the list at 1.50. Seven gold funds recorded three-year returns above 30%, according to MF Screener data.
8% discount or 10% cashback: What saves more ?
Global rate risks, capital outflows to weigh on Indian markets: Experts
At the Business Standard BFSI Insight Summit 2026, experts warned that high US yields, oil prices and AI-driven capital outflows could weigh on Indian markets, the rupee and bond yields
SBI Multicap among 5 multicap funds with the highest mid and smallcap exposure. Check details
Five leading multicap funds held substantial exposure to mid- and small-cap stocks in September, exceeding the mandatory allocation across market-cap categories.
Higher EPS pension: Pensioners seek President's help
23 equity mutual funds deliver over12% CAGR on lumpsum investments in 5, 7, 10-year horizons
An ETMutualFunds analysis of 160 equity schemes found that 23 mutual funds delivered over 12% CAGR on lump-sum investments across five, seven and 10-year periods. The funds span seven categories, including small-cap, mid-cap, flexi-cap and ELSS. The analysis considered regular plans with growth options.
Bank says accounts are safe after reported breach
Gold rate today: Gold rates showed a slight increase today in major Indian cities like Delhi, Mumbai, and Chennai. The rates reflect a rise compared to the previous day with increased demand anticipated during the festive season.
Bitcoin dips below $80,000 as AI-Related market selloff deepens
The largest digital asset fell as much as 1.4% to under $79,300 before paring some losses to trade around $80,000 in afternoon trading in Asia
Crude near $116, raw material costs up sharply and margins under pressure. Here is how Motilal Oswal sees 13 chemical stocks heading into Q2FY27 results.
Top 7 equity mutual funds deliver over 30% CAGR since last Diwali. Have you invested in any?
In the latest analysis by ETMutualFunds, the top seven equity mutual funds have recorded an impressive over 30% CAGR since last Diwali. Leading the pack, the Nippon India Taiwan Equity Fund delivered an astonishing return of approximately 87.36%. Other noteworthy performers included ICICI Pru Strategic Metal and Energy Equity FoF, alongside HSBC Brazil Fund. However, it's important to note that some ICICI Prudential funds faced significant losses.
Builder missing or bankrupt? What homebuyers can do about the home loan, RERA and the IBC
Still paying EMIs on a flat that may never be delivered? Here is what homebuyers can do about the loan, the police, RERA and insolvency court.
Best banking & PSU mutual funds to invest in October 2026
Mutual fund advisors say banking & PSU debt schemes are relatively safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they dont have the credit risk.
Q2 Results Today, 26th October 2026 Live Updates: Stay tuned to businessline for more Q2 updates
Hero MotoCorp Share Price Live Updates: Hero MotoCorp Moves Above 20-Day SMA
RIL Share Price Live Updates: RIL's Technical Breakout
SBI Life Share Price Live Updates: SBI Life's Current Market Position
L&T Share Price Live Updates: L&T Stock Update
Tata Steel Share Price Live Updates: Tata Steel's Current Trading Update
JSW Steel Share Price Live Updates: JSW Steel's Stock Movement Analysis
Coal India Share Price Live Updates: Coal India Price Movement
LTIMindtree Share Price Live Updates: LTIMindtree Shows Slight Decline
Titan Company Share Price Live Updates: Titan Company Price Movement Analysis
Bajaj Finance Share Price Live Updates: Bajaj Finance News
Britannia Share Price Live Updates: Britannia's Recent Stock Performance
Infosys Share Price Live Updates: Current Trading Status of Infosys
ONGC Share Price Live Updates: ONGC's Current Trading Status
UPL Share Price Live Updates: UPL's Price Analysis
Bajaj Auto Share Price Live Updates: Bajaj Auto's Daily Performance Update
ITC Share Price Live Updates: ITC's Current Price and Market Performance
Central Bank of India resumes RTGS services; no customer impact due to tech glitch
RBI rate hikes: How to protect your debt portfolio
Investors must position fixed income portfolio for further rate hikes. But this cycle may look different.
Did your balanced advantage fund buy the dip?
When markets fell, BAFs had an opportunity to increase equity exposure. Many did, while others were more cautious.
NPS subscribers are now thinking long term
Axis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction of NPS Swasthya addresses the health insurance needs for older customers effectively. Despite tax benefits, low awareness continues to hinder corporate NPS uptake among employees. Further clarity on Tier-II NPS account taxation and extended tax deductions could encourage broader participation.
Diwali travel: How to save on last-minute flights
Waiting until the last minute in the hope of a sale can be costly. Airlines use dynamic pricing, and cheaper fares may disappear as more seats sell. If your dates are fixed, compare fares as early as possible and book when the price is reasonable for your budget. Set fare alerts to track changes, but dont delay your booking expecting for a drop in prices.
More customers understand & trust non-life insurance
General, or non-life, insurance is expected to play a more integral role in financial planning over the next 25 years, shows an ICICI Lombard report.
Festive sales: How to avoid the discount trap
Retailers use a bagful of psychological triggers and pricing tricks to sell more during sales. Heres how you can avoid overspending.
Health insurance: Which insurers pay claims fastest?
According to data from ILM Research (previously known as Beshak Research), 15 of 31 non-life insurers paid out over 95% of their approved health claims (including cashless hospitalisation claims, where the insured does not have to pay out of pocket) within a month in financial year 2025-26, while the rest were slower.
Retirement planning: Why India needs its own model
The Indian institutional framework poses unexpected risks. Not only is insurance costly for seniors, its not available as a standardised social welfare benefit. Unexpected spikes in health cost can throw off a retirees spending patterns well out of balance. Reliance on children and privatisation of senior health care poses a serious risk.
Health insurance: How to cut out-of-pocket costs
This is a global problem. A World Health Organization report found that out-of-pocket expenses for medicines and other medical products push up to 12% of households in European countries into poverty or deepen their financial hardship.
M-caps: Microcaps lead, large caps struggle in 2026
Welcome to TrendMap, your guide to the performance of different investment segments. No single segment always leads. In this edition, we present a 10-year equity performance tracker, ranking annual returns across market-cap segments. Investors risk appetite has turned more selective in 2026 so far. By Sameer Bhardwaj.
Debt investing: 7 bond strategies you should know
Cutting through money jargon, one topic at a time. This week, Sanket Dhanorkar explains fixed income investing strategies and which ones suit which investors.
Secure banking system needs secure digital infrastructure, says PM Modi
Modi highlighted the significance of the RBIs Data Centre and Cybersecurity Training Institutein strengthening Indias digital financial infrastructure and advancing its technological self-reliance
Distribution reforms: IRDAI extends deadline for feedback till October 31
A consultation paper on the proposed distribution reforms was released by the IRDAI proposing significant changes in the current regulation including caps on commissionsand expenses of management
Indias outstanding private capex pipeline reached 99.7 lakh crore in September 2026, nearly 4.1 times its March 2014 level and 39% higher than a year ago, report says
HDFC notes that the prevailing cost structure of EVs makes the acquisition cost of the vehicles higher compared to ICE (Internal Combustion Engine) vehicles due to expensive batteries
Know Your Fund Manager | Paresh Jain, Fund Manager, Baroda BNP Paribas Mutual Fund
A Baroda BNP Paribas Mutual Fund manager shares his journey across the sell side and buy side, investment philosophy based on growth at a reasonable price, and focus on business quality, management integrity and valuations.
SEBI to come up with rules to prevent broker terminal misuse, says chairman Pandey
We are developing a framework to put in place safeguards to prevent misuse of trading terminals, Pandey said, addressing an event organised by ANMI here.
IDFC First Bank Q2 profit jumps nearly three-fold to 1,045 cr
IDFC First Banks total income rises to 14,218 crore in Q2 FY27 from 11,828 crore in same period a year ago
Kotak Mahindra Bank, IDFC First PAT rise; Marginal dip in NIM on FCNR (B) inflows
Meanwhile AU Small Finance Bank registered a 53 per cent rise in profit to 858 crore as net interest income
IDFC First Banks Q2FY27 net profit zooms 197% to 1,045 crore
Net interest income (interest income less interest expended) was up 21 per cent y-o-y to Rs 6,184 crore (Rs 5,113 crore in Q2FY26)
AU Small Finance Bank Q2 profit jumps 53% to 858 cr
AU Small Finance Banks total income rises to 6,382 crore in Q2 FY27 from 5,224 crore in the same period a year ago
Kotak Bank Q2 profit rises 29%, beats estimates
Kotak Mahindra Bank posts a stand-alone net profit of 4,211 crore ($443.5 million) for the three months ended September
Bihar govt introduces performance assessment index for banks
IDFC FIRST Bank currently tops the list with 74 points, Development Commissioner Mihir Kumar Singh says
Investor confidence in small and mid-cap stocks is strong, with rising valuations when compared to large caps. Last month, small and mid-cap funds garnered Rs 16,873 crore, accounting for 44% of the total equity fund inflows. Despite a drop in equity fund assets, overall inflows have seen a 31% uptick, indicating healthy market dynamics.
Are gilt funds a good bet amid rising interest rates? What investors should know
Gilt funds are back in focus among investors with interest rates rising and bond yields across the world moving up sharply, as reported by ETBureau.
Five equity mutual funds have offered over 18% annualised return on SIP investments in 10 years, as reported by ETWealth. (As of October 14, 2026)
Invesco India Mid Cap among 5 midcap funds that delivered upto 21% CAGR in 3 years. Do you own any?
Five mid cap mutual funds have offered upto 21% return in the last three years. Here is a detailed breakup, as reported by ETWealth. (As of October 14, 2026)
Where should conservative investors invest Rs 10 lakh in a volatile market? Experts weigh in
With uncertainty clouding equity markets, investors looking to deploy a lumpsum face the challenge of allocating their money across asset classes. Four wealth management experts recommend a mix of equities, debt and gold, with the allocation depending on an investor
Explained: What are rolling returns in mutual funds and how do you calculate them?
Rolling returns serve as a valuable tool for investors to assess mutual fund performance by averaging annualized returns over several timeframes. Unlike trailing returns that might reflect a distorted perspective, rolling returns utilize daily NAV data to provide a holistic view. By applying a CAGR formula, investors can evaluate consistency and adaptability of funds across diverse market conditions, making informed decisions easier and more precise.
Q2 Results Today, 24th October 2026: Follow the latest announcements and developments on the September quarter earnings, key companies in focus today include Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Technologies, Castrol India, Kajaria Ceramics and Bharat Coking Coal
7 discount, cashback credit cards for online festive shopping in 2026: One ofthem is lifetime free
Most of us will engage in festive shopping, making credit cards an appealing choice for discounts and cashback offers. But before choosing a card, analyse fees, rewards, and conditions on cashback. Check these 7 credit cards that are offering up to 10% cashback on online shopping, among other offers. These cards also have a low joining fee and one of them is lifetime free.
DA hike announcement: Do central government employees need to wait till next cabinet meeting?
DA hike news: As of now, the central government has not disclosed the dearness allowance hike for July 2026, leaving employees in suspense. Hopes were raised during recent cabinet discussions, yet no announcement was made. The next potential reveal is scheduled for October 28, 2026. Workers are eagerly awaiting this increase, which will directly affect their salaries and ongoing allowances, with arrears also considered for the July-December 2026 timeframe.
In instances where an individual passes away without leaving a Will, it may be essential for legal heirs to execute a release deed to streamline property division. This deed enables co-owners to relinquish their interests officially in favor of another heir, mitigating future inheritance disputes. Even registered Wills may occasionally require this document, particularly if the registrar mandates it, necessitating legal advice to navigate the challenges.
Saturday bank holiday today: Are banks open or closed today on October 24, 2026?
Banks across India are closed today, October 24, 2026, marking the fourth Saturday of the month. Its advisable for customers to reschedule their banking activities for the following business day to ensure everything runs smoothly.
FD rate up to 8.5% for senior citizens investing for five years; know the list of banks
Senior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the pack, Suryoday Small Finance Bank boasts a remarkable 8.5% for five-year deposits. It's important for savers to be aware of TDS regulations that apply on annual interest exceeding Rs 1 lakh, so filing Form 121 can prevent this.
In the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income under UK law. Those who face expenses while at temporary jobs can benefit from tax relief, subject to defined limits. It's crucial to report accurately to prevent issues with tax authorities, with obligations varying by residential status and relevant treaties.
