facebook
SENSEX
NIFTY
GOLD
USD/INR

Weather

image 20    C
...View News by News Source

Asian stocks open higher as AI, Fed lift sentiment

Asian markets opened higher today. Investors are optimistic about artificial intelligence driving profits for tech giants. Bets on a Federal Reserve interest rate cut are also boosting sentiment. Major tech companies are set to report earnings, with investors watching for continued investment in computing infrastructure. The yen gained as US Treasury Secretary commented on Bank of Japan policy.

The Economic Times 29 Oct 2025 6:46 am

Government may pare LIC stake by year-end to boost public float

The Indian government is planning to sell a stake worth $1-1.5 billion in Life Insurance Corp (LIC) by year-end to increase its public float to 10%. Roadshows are expected soon to gauge investor demand for the sale, which will be conducted in multiple tranches to avoid impacting the stock price.

The Economic Times 29 Oct 2025 6:42 am

SEBI proposes revamp of 29-year-old mutual fund rules; feedback open till November 17

The Securities and Exchange Board of India (SEBI) on October 28 released a detailed consultation paper to revamp the 29-year-old mutual fund regulations, focusing on simpler rules, lower costs, and clearer disclosures. The proposals aim to enhance investor protection, modernise operations, and strengthen governance across the mutual fund industry.

Zee Biz 28 Oct 2025 10:09 pm

Karnataka Bank sees senior leadership exodus

Spate of exits began June this year when former CEO Sarma and ED Rao faced a rift with the banks board

The Hindu Businessline 28 Oct 2025 9:46 pm

Tata Capital Q2 PAT up 33% to 1,128 crore

The newly listed NBFCs net interest income (NII) rose 23% YoY to 2,637 crore, while fee income grew 59% YoY to 588 crore

The Hindu Businessline 28 Oct 2025 9:25 pm

Cholamandalam MS General Insurance reports marginal rise in GWP

The GWP for the half year ended September 2025 (H1FY26) was just marginally up to 4217 cr compared to 4136 cr in the year-ago period

The Hindu Businessline 28 Oct 2025 9:19 pm

Sebi proposes major revamp of mutual fund fee rules to reduce costs for investors

Sebi has proposed a major overhaul of Indias mutual fund fee structure to simplify charges, boost transparency, and reduce investor costs. The regulator plans to remove additional expenses, tighten brokerage limits, and exclude statutory levies from the overall expense ratio cap.

The Economic Times 28 Oct 2025 8:22 pm

Canara HSBC Life will not have to take extreme steps for adjusting distribution commissions: MD & CEO

Says the insurers commission rates are already on the lower end

The Hindu Businessline 28 Oct 2025 7:59 pm

Infibeam Avenues gets In-Principle approval from IFSCA to operate as Payment Service Provider

IA Fintech is set to deliver a broad suite of digital payment and cross-border financial services

The Hindu Businessline 28 Oct 2025 6:54 pm

8th Pay Commission latest news: Terms of Reference approved by Govt; check what it is and how it impacts salaries, pensions

The Union Cabinet has approved the Terms of Reference (TOR) for the 8th Central Pay Commission, a body tasked with reviewing salaries, allowances, and pensions for central government employees and pensioners. The commission will submit its recommendations within 18 months. The TOR outlines the basic scope of their review, including pay structures, benefits, and retirement schemes.

The Economic Times 28 Oct 2025 6:17 pm

Can I gift mutual funds without attracting capital gains tax?

Are mutual funds considered capital assets? Can these be gifted without attracting any capital gains tax? My mutual funds are held in a statement of account, not demat account.

The Economic Times 28 Oct 2025 5:07 pm

ICICI Prudential Mutual Fund resumes subscription in ICICI Prudential Silver ETF Fund of Fund

ICICI Prudential Mutual Fund has resumed subscriptions for its Silver ETF Fund of Fund starting October 28, 2025. This follows a temporary suspension due to significant price increases in Indian silver markets above global benchmarks. Other fund houses have also reopened subscriptions for their silver ETFs.

The Economic Times 28 Oct 2025 4:54 pm

9 equity mutual funds outperformed their benchmarks in 5 years

Nine equity mutual fund schemes outperformed their benchmarks with an up capture ratio above 120 over five years. Top performers included Bandhan, Invesco, and HDFC Small Cap Funds, reflecting strong returns during bullish markets and consistent benchmark-beating performance.

The Economic Times 28 Oct 2025 3:14 pm

NFO Alert: Groww Mutual Fund launches Nifty Midcap 150 Index-based 2 passive funds

Groww Mutual Fund has launched two passive schemes Groww Nifty Midcap 150 Index Fund and Groww Nifty Midcap 150 ETF both tracking the Nifty Midcap 150 Index (TRI). Managed by Shashi Kumar, Nikhil Satam, and Aakash Chauhan, the funds aim to replicate the indexs performance. The NFOs close on November 11, 2025.

The Economic Times 28 Oct 2025 3:04 pm

Equity mutual funds lose up to 15% in 2025. Are any of these part of your portfolio?

In 2025 so far, 233 equity mutual funds have delivered positive returns, with 14 posting double-digit gains. ICICI Pru Large & Mid Cap Fund led with 13.77%, followed by ICICI Pru Focused Equity Fund at 13.29%. SBI Focused Fund, HDFC ELSS Tax Saver, and Parag Parikh Flexi Cap also featured among the top-performing equity schemes this year.

The Economic Times 28 Oct 2025 2:57 pm

Family pension rules for widows: Centre explains who gets pension when deceased pensioner had two wives

The Department of Pension and Pensioners' Welfare has re-issued rules for settling claims. If a deceased government servant had two wives, the family pension will be divided equally between them. This applies to all central government departments. The department also stressed due diligence in handling such cases.

The Economic Times 28 Oct 2025 2:38 pm

These 5 smallcap funds lost up to 17% in 3 years. Check details

Five smallcap mutual funds have delivered negative returns over the past three years, with losses ranging from 14% to 17%, highlighting the segments volatility amid changing market conditions.

The Economic Times 28 Oct 2025 2:06 pm

HDFC Bank puts bankers on leave amid Credit Suisse bond probe

HDFC Bank has placed two senior executives on gardening leave as part of an internal probe into alleged mis-selling of Credit Suisses Additional Tier 1 (AT1) bonds, according to Bloomberg. The action follows customer complaints that they were not fully informed about the risks of the high-yield securities, which were written off after Credit Suisses merger with UBS in 2023.

The Economic Times 28 Oct 2025 2:02 pm

No arrears of salary for high school teacher for period of honorary appointment, rules Gauhati High Court

A high school teacher's plea for salary arrears from an honorary appointment period was dismissed by the Gauhati High Court. The court ruled that the teacher accepted the honorary terms and the subsequent regularization order, effective prospectively, was not challenged. This decision upholds the principle that benefits are granted from the date of regularisation.

The Economic Times 28 Oct 2025 12:55 pm

Top 5 equity mutual funds offer up to 30% CAGR on lumpsum investments in 3 years

Over the past three years, value and gold-oriented mutual funds have delivered strong returns, with Motilal Oswal BSE Enhanced Value Index Fund topping the list at a 34.55% CAGR.

The Economic Times 28 Oct 2025 12:15 pm

166% return on SGBs: RBI announces premature redemption price, date for Sovereign Gold Bond (SGB) 2020-21 Series-I

The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2020-21 Series-I. Investors can redeem these bonds from October 28, 2025. The redemption value is based on the average gold price of the preceding three working days. This bond series was issued at Rs 4,589 per gram for online purchases.

The Economic Times 28 Oct 2025 11:48 am

RBI to auction Government Securities worth 32,000 crore on October 31

Four G-Secs with maturities up to 2055 on offer; government may retain up to 8,000 crore extra based on demand

The Hindu Businessline 28 Oct 2025 11:30 am

Major changes in GST invoice management system (IMS) from October 2025 tax period

The Goods and Services Tax Network has updated its Invoice Management System. Taxpayers can now mark credit notes as pending for one tax period. This new feature offers flexibility in modifying Input Tax Credit reversals. These changes aim to streamline business processes and resolve disputes. The updates are effective from the October 2025 tax period onwards.

The Economic Times 28 Oct 2025 11:18 am

NFO Insight: Is Axis Income Plus Arbitrage Passive FOF a smarter alternative to debt funds?

Axis Mutual Fund has launched the Axis Income Plus Arbitrage Passive FOF, an open-ended scheme aiming for tax-efficient returns by blending passive debt and arbitrage strategies. This new fund offer targets investors seeking stability and predictability, with a focus on post-tax gains over a medium-term horizon.

The Economic Times 28 Oct 2025 10:12 am

Azim Premji-backed PI Opportunities Fund to pocket Rs 350 crore, set for a 1,565% windfall in Lenskart IPO

Azim Premji-backed PI Opportunities Fund is set for a significant windfall from Lenskart's IPO, expecting to pocket Rs 350 crore on its initial Rs 21 crore investment. This translates to a remarkable 1,565% return for the fund, which is offloading a portion of its stake in the eyewear retailer's upcoming public offering.

The Economic Times 28 Oct 2025 9:51 am

Best corporate bond mutual funds to invest in October 2025

Don't think that corporate bond funds do not have any risk. Sure, the highest rating of AAA offers you higher safety. But make sure your fund manager is not taking any extra risk to make extra returns.

The Economic Times 28 Oct 2025 9:24 am

Gold prices: Should you buy more or wait? Experts share key investment strategies

Gold prices experienced a significant drop on the MCX, with spot prices falling sharply. Experts attribute this decline to a stronger US dollar, easing trade tensions, and profit-booking. While the short-term outlook is cautious, a medium-term rebound is possible. Investors are advised to avoid panic selling and consider SIPs for new investments.

The Economic Times 28 Oct 2025 8:00 am

Pay zero income tax on capital gains: CA explains how you can save tax by re-investing up to Rs 10 crore LTCG

Selling capital assets can lead to taxable gains, but strategic reinvestment can eliminate tax liability. Individuals and HUFs can offset long-term capital gains from property or other assets by investing in new residential properties or specific government bonds, significantly reducing tax burdens.

The Economic Times 28 Oct 2025 7:01 am

Bank holiday today for Chhath Puja 2025: Are banks open or closed today on October 28, 2025? Check state wise list by RBI

Banks are closed in Bihar and Jharkhand today due to Chhath Puja, a festival dedicated to the sun god. While branches in these regions are shut, others nationwide will operate normally. Customers can utilize online and digital services for transactions. The festival is significant in Bihar, Jharkhand, and Eastern Uttar Pradesh.

The Economic Times 28 Oct 2025 7:00 am

RBL to seek DPIIT nod to raise its FDI ceiling to 74%

RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processing Emirates NBD Bank's $3 billion acquisition of a 60% stake, marking the largest FDI in Indian banking. Shareholder approval for the deal is expected on November 12.

The Economic Times 28 Oct 2025 5:44 am

Tamilnad Mercantile Bank Q2 net profit up 4.7 at 317 crore

The banks net worth rose to 9,443 crore (8,430 crore in half year FY25), an increase of 12%

The Hindu Businessline 27 Oct 2025 9:09 pm

RBI to hold 1.5 lakh crore, 1-day VRR auction Tuesday

In todays 50,000 crore, 1-day VRR auction, the central bank received and accepted bids amounting to only 1,788 crore

The Hindu Businessline 27 Oct 2025 8:45 pm

Sundaram Home Finance Q2 net up 69% at 75 crore

This was driven by expansion in its Emerging Business segment

The Hindu Businessline 27 Oct 2025 8:34 pm

VFS Capital withdraws application for SFB license

According to VFS Capitals website, it has 284 branchesmost in Eastern Indiaand had Rs 942 crore of loan book as on March 2022.

The Hindu Businessline 27 Oct 2025 8:16 pm

MSMEs flag uncertainty from geo-political tensions in meeting with RBI officials

RBI held 30th meeting of its SAC to review the flow of credit to the MSME sector today in Coimbatore under the chairmanship of Swaminathan J, Deputy Governor (DG), RBI

The Hindu Businessline 27 Oct 2025 7:29 pm

Gratuity calculation: How much youll earn after 7 years of service on a Rs 70,000 salary?

Gratuity is a financial benefit that rewards employees for their long-term service with an organization. Its a lump-sum amount paid by the employer when an employee leaves, retires, or in special cases like death or severe illness.

Zee Biz 27 Oct 2025 5:58 pm

Vodafone Idea, SBI among 11 stocks hitting 52-week highs; up to 25% gains in a month

On Monday, the Sensex jumped nearly 567 points to close at 84,779. Despite market volatility, 11 stocks from the BSE Large-Cap Index scaled fresh 52-week highs, signalling sustained bullish sentiment. Vodafone Idea, SBI, Hindalco, and Bharti Airtel led the rally, delivering strong one-month gains of up to 25%.

The Economic Times 27 Oct 2025 5:30 pm

Wife to get central government pension under CCS rules as husband went missing for more than seven years: Chhattisgarh High Court order

A Chhattisgarh High Court order grants a wife her husband's central government pension. The husband, a senior technician at Bhilai Steel Plant, went missing over seven years ago. Despite the employer initiating disciplinary proceedings, the court upheld the wife's entitlement to all service benefits, including pension, based on the presumption of death under the Indian Evidence Act.

The Economic Times 27 Oct 2025 5:09 pm

Poonawalla Fincorp unveils five new AI-powered solutions to strengthen risk and governance framework

With these deployments, PFL is embedding artificial intelligence into its core business operations

The Hindu Businessline 27 Oct 2025 3:19 pm

NFO Alert: Axis Mutual Fund launches Axis Income Plus Arbitrage Passive FOF

Axis Mutual Fund has launched the Axis Income Plus Arbitrage Passive FOF, an open-ended hybrid scheme blending passive debt and arbitrage investments for stability, predictability, and tax efficiency. The NFO opens on October 28 and closes on November 11, aiming to deliver steady post-tax returns with low to moderate risk.

The Economic Times 27 Oct 2025 3:09 pm

Higher pension due on July 01 due to annual increment to be allowed to employee retiring on June 30 in this condition: Punjab & Haryana High Court

The Punjab and Haryana High Court ruled that Haryana state government employees retiring on June 30 are entitled to their annual increment if they completed one year of satisfactory service. This decision clarifies that missing the increment due to retirement date is unjust, aligning with Supreme Court judgments. Read more to know.

The Economic Times 27 Oct 2025 2:13 pm

IPO vs NFO: 6 key differences to understand before you invest

IPOs and NFOs both launch new investment options but differ in structure, purpose, and risk. While IPOs offer company shares, NFOs issue mutual fund units with generally lower risk and returns.

The Economic Times 27 Oct 2025 1:58 pm

Key NPS, UPS update: Central govt employees can now pick equity allocation up to 75%; can opt for LC75 and BLC

Central government employees can now access Life Cycle 75 (LC75) and Balanced Life Cycle (BLC) investment options under NPS and UPS. This move offers greater flexibility and choice in retirement planning, with automatic adjustments to equity allocation as employees age to manage market risks.

The Economic Times 27 Oct 2025 1:51 pm

Bank fraud case: Supreme Court issues notice to CBI on bail plea of former DHFL promoter Kapil Wadhawan

Earlier on August 4, the Delhi High Court denied bail to Wadhawan, noting that his conduct during custody was not beyond reproach

The Hindu Businessline 27 Oct 2025 1:41 pm

Top 5 states contribute over 67% to MF AAUM, Maharashtra contributes maximum in September: ICRA Analytics

Indias mutual fund AAUM rose 14.37% year-on-year in September, led by Maharashtras 40.54% share. Equity schemes dominated contributions, while Odisha and Dadra & Nagar Haveli showed the strongest monthly and annual growth.

The Economic Times 27 Oct 2025 1:30 pm

NPS equity funds offer over 9% gains in 1 year. Check details

10 NPS fund managers have completed one year of existence, and all of them have offered single-digit returns.

The Economic Times 27 Oct 2025 12:04 pm

India Post Chhath Puja Subsidy Fact Check: Is Post Office offering Rs 20,000 subsidy through lucky draw? Check what PIB Fact Check team says?

Cybercriminals are circulating messages claiming India Post offers a Chhath Puja Subsidy or lucky draw reward. The PIB Fact Check unit has confirmed these claims are false. Victims are lured to fake websites to provide personal and financial details. Citizens are advised to ignore suspicious links and report such scams to PIB Fact Check or social media intermediaries.

The Economic Times 27 Oct 2025 11:55 am

Driving inclusion and innovation: How Mastercards global strategy resonates with the Viksit Bharat vision

At the Global Fintech Fest (GFF) 2025, Ravi Aurora, Senior Vice President, Multilateral and International Affairs at Mastercard, highlighted the companys strategic alignment with the Viksit Bharat vision, emphasising its commitment to empowering small traders, women entrepreneurs, farmers, and MSMEs, while commending Indias progressive regulatory framework and digital public infrastructure as a global benchmark.

The Economic Times 27 Oct 2025 11:15 am

Smallcap mutual funds fall up to 5% in 3 months. Should investors consider this a warning sign or buying opportunity?

Smallcap mutual funds have seen a dip of up to 5% in three months, with experts suggesting this presents a buying opportunity due to fairer valuations. While volatility is inherent, a cautious approach focusing on quality and liquidity is advised, with SIPs remaining a viable strategy for long-term wealth creation.

The Economic Times 27 Oct 2025 9:53 am

Best banking & PSU mutual funds to invest in October 2025

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.

The Economic Times 27 Oct 2025 9:22 am

BPCL Share Price Live Updates: BPCL's Market Update

The Economic Times 27 Oct 2025 8:10 am