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NDB Maharaja Bonds get TDS exemption: How it affects your interest income
The New Development Bank plans to raise Rs 25,000 crore through the rupee-denominated bonds over five years to fund sustainable development and green projects in India
NPS charges: 1 crore corpus could mean 20,000 annual PoP cost; check this before opening an account
Bajaj Finance shares fall 3% after Q2 results. What Jefferies, Nomura, other brokerages now expect?
Bajaj Finance shares dropped on Wednesday after the NBFC reported a 29% year-on-year rise in Q2FY27 net profit to Rs 6,367 crore. Nomura and Jefferies retained Buy ratings, with Jefferies cutting its target price, while 360 One WAM upgraded the stock to Buy, citing improving risk-reward and strong growth.
Transrail Lighting shares rally 9% after bagging orders worth Rs 927 crore
Transrail Lighting shares rose nearly 9% after the company secured fresh orders worth Rs 927 crore, taking its financial year order intake to Rs 3,356 crore. However, foreign institutional investors trimmed their stake in the company during the September 2026 quarter.
Rupee rises 29 paise to 94.62 against US dollar during early trade
The rupee appreciated 29 paise to 94.62 against the US dollar in early trade on Wednesday, supported by positive sentiments in the domestic market and support from the RBI. Besides, the rupee got a boost from the foreign dollar inflows tied to the Jio IPO, which opened for public subscription on Wednesday, according to analysts. However, elevated crude oil prices and a firm US dollar capped the gains. At the interbank foreign exchange market, the rupee opened stronger at 94.78, and then gained further ground to touch 94.62 against the American currency, registering a gain of 29 paise from its previous close. On Monday, the rupee settled lower by 2 paise at 94.91 against the US dollar. The forex market was closed on Tuesday on account of Dussehra. ''This strength is primarily underpinned by foreign dollar inflows tied to the Jio IPO alongside support from the Reserve Bank of India (RBI). To navigate dollar flows during the IPO allotment process, foreign investors are largely rely
State Bank of India reports cyberattack involving customer records
3,897 SBI customer records exposed to cyberattack
Motilal Oswal expects weak Q2 cement earnings as fuel costs rise and prices stay soft. See its top picks, neutral calls and one Sell.
Power Grid Share Price Live Updates: Power Grid's Market Update
Dr Reddys Share Price Live Updates: Dr. Reddys records a small increase in market price
Coal India Share Price Live Updates: Coal India Sees Price Drop
Divis Labs Share Price Live Updates: Divis Labs Current Market Status
Tata Motors PV Share Price Live Updates: Tata Motors PV's Price Decline Continues
RIL Share Price Live Updates: RIL's Market Activity Today
Bajaj Finserv Share Price Live Updates: Bajaj Finserv Stock Details
Eicher Motors Share Price Live Updates: Eicher Motors Stock Details
IndusInd Bank Share Price Live Updates: IndusInd Bank Price and EMA7 Overview
ITC Share Price Live Updates: ITC shares currently priced at Rs 264.00
The Delhi High Court just ruled that matromonial fights can really upset elderly parents and so on this ground the court ordered a wife to move out of her mother-in-law's house. Since the wife has her own home and job, the court felt she could handle it, and they highlighted the eviction rules under the Senior Citizens Act.
Bank holiday today: Bank branches will be closed on October 21, 2026, in several Indian states for Vijaya Dasami festivals. Customers are advised to check the Reserve Bank of India's holiday list before their visits. Digital banking services such as mobile banking and UPI will remain available on this holiday.
Gold loans lead NBFC growth; portfolio share touches double digits
Elevated gold prices and tighter unsecured lending are accelerating growth in gold loans
8th Pay Commission gross salary hike: How Level 3 employees may get Rs 69,000 gross pay in 8th CPC
8th Pay Commission salary calculator: Scheduled for October 22 and 23 in Mumbai, the 8th Pay Commission meetings will address key topics such as salaries, pensions, and allowances. The proposed basic pay rise is likely to have a substantial effect on gross salary calculations across employee levels. Estimates for pay increases particularly for Levels 3 to 6 have been compiled, indicating a significant shift in the pay framework for central government staff in the future.
I have LTCG tax liability of Rs 16 lakh from land sale; should I pay income tax or reinvest to save?
ET Wealth Reader's Query: I am 57. I recently sold a piece of land near Jewar airport, resulting in a long-term capital gains (LTCG) tax liability of around Rs 16 lakh. I am considering two options: reinvesting the proceeds in another property of a similar value to claim the available tax exemption, or paying the LTCG tax and investing the remaining amount in mid-cap mutual funds to grow the corpus further. Since I already have an adequate retirement corpus, would it make more sense to pay the tax and opt for the second alternative?
Axis Bank, Visa offer up to 20% off on festive purchases across 100+ brands
Eligible Axis Bank Visa credit cardholders can access 100+ festive offers across electronics, travel, mobiles and lifestyle, with discounts and EMI benefits
PFRDA launches new NPS Central: How to log in, manage pension investments
The platform allows users to log in with their registered mobile number, track contributions, download statements, compare pension schemes and access account services through a common interface.
Highest 1-year FD rate: Maturity on Rs 1L deposit
Hormuz could be 'redundant' in five years, replaced by new routes, HSBC CEO says
The conflict has highlighted the world's heavy reliance on the strategic waterway, through which a fifth of global oil and LNG trade previously passed
Resident Indians, FIIs to get income tax exemption on NDBs Maharaja Bonds
The notifications cover rupee-denominated bonds issued by the multilateral lender and tax relief procedures for eligible overseas investors in government securities
DA hike news: Central government employees are eagerly awaiting a long-overdue increase in their dearness allowance, which was expected to take effect on July 1, 2026. The anticipated hike could boost the DA from 60% to 63%. With growing protests urging timely disclosure, the upcoming cabinet meeting may reveal crucial updates for employees and pensioners. Employee federations are applying pressure, prompting the government to address their concerns promptly.
Gold rate today: 24k vs 22k vs 20k vs 18k prices
How a personal loan can help you manage planned and emergency expenses
Understand how a personal loan can help you cover planned expenses and urgent financial needs, explore its benefits, and plan your EMIs based on your budget.
EPFO ECR deadline October 31: 11 days left to file September PF, EPS and EDLI data
Is 3 lakh enough for your emergency fund?
How EPS pensioners can submit life certificate at home
Retiree gets tax notice for leave encashment
Akash Ambani charts Jios next phase of growth with satellites, 6G and AI
Akash Ambani outlined Jio Platforms' future focus on satellite communications, pre-6G patents, and AI integration. The company is developing an indigenous satellite communications stack aimed at expanding home broadband services. Ambani revealed Jio's patent strategy aligns with India's goal of 10% global 6G patents originating domestically. Jio's AI initiatives seek to innovate and improve traditional voice and data services for Indian consumers.
Your inherited home is not a money machine: What Indian heirs must know
Where to keep your emergency fund in India: 5 safe options and 4 to avoid
Mr. Pandey filed for divorce after his wife left their home, claiming the marriage had broken down. However, his estranged wife found him living with another woman and having two children with her. The Family Court denied Mr. Pandey's divorce request and ordered him to pay Rs 2 lakh for his actions. The Delhi High Court upheld this decision, noting the husband's misconduct.
Bond investing: 5 online platforms to buy bonds
These state govt employees win OPS case
Cook wins Rs 4 crore tax demand case in HC
Dussehra Bank holiday today: Are banks open or closed in your state today (October 20, 2026)?
Bank holiday today: On October 20, 2026, banks in many Indian states will be closed for Dussehra and other festivals. Meanwhile, Sikkim and Manipur will have banks open on that day.
Central Bank of India reports technical glitch in RTGS outward system
Central Bank said 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.
Bajaj Finance Q2 FY27 results: Net profit jumps 29% on strong loan growth
Bajaj Finance Q2 FY27 consolidated net profit rises to 6,367 crore
TCS expands Indian Bank partnership, deploys BaNCS for Treasury in Sri Lanka
TCS to help Indian Bank modernise its overseas treasury operations across money markets, investment management, and foreign exchange
96 IPOs raise Rs 1.1 lakh crore in 2026 even as the Nifty corrects
India's equity market in 2026 shows pressure in the secondary market with significant foreign outflows affecting benchmarks. The Nifty 50 index is reportedly in correction territory after a series of losses. In contrast, the primary market remains active, with numerous IPOs successfully raising substantial capital. Domestic liquidity supports fundraising despite investor selectivity regarding valuations and corporate governance.
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.
RBI conducts 1 lakh cr Variable Rate Repo auction to push liquidity into banking system
RBI last conducted a VRR auction to push liquidity into the banking system on July 29, 2026
Axis Bank, Visa launch festive credit card campaign with Shahid Kapoor
The campaign centres on a film in which Shahid Kapoor uses an Axis Bank Visa Credit Card to fulfil a young girls wishes through a magical dollhouse
Union Bank of Indias Q2 net profit rises 30% to 5,537 crore
NII grows 20% y-o-y as provisions nearly halve and asset quality improves in September quarter
The Pension Fund Regulatory and Development Authority has rolled out NPS Central, a transformative digital platform designed for hassle-free management of National Pension System accounts.
JPMorgan brings deposit token to Ethereum for institutional clients
JPM Coin, which represents US dollar deposits at the largest US bank, will be made available to the companys institutional clients on the Ethereum network
EPFO tells how to enrol for EPF, EPS and ELDI
8th CPC: Level 1 salary at Rs 69K? Check estimates
PhonePe rebrands Share.Market as PhonePe Invest, launches AI portfolio tool
Existing Share.Market users will retain their demat holdings, balances, watchlists, order history and login credentials
EPFO offers up to Rs 15,000 to first-time workers: Check eligibility rules
Eligible new employees earning up to Rs 1 lakh a month can receive the benefit in two instalments, subject to service and financial literacy conditions
DA hike news: Will central govt employees get a 3% DA hike on October 21?
Central government employees were expecting a dearness allowance (DA) hike announcement after the Cabinet meeting on October 14. However, the government announced a performance-linked bonus for Railway employees without announcing the much-awaited DA hike.
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
IDBI Bank sale: EAS Sarma plea to Presidentfor review of CPSE divestment
Since it is the President who holds equity shares in CPSEs on behalf of the people, I seek your intervention in directing the government to review disinvestment, Sarma said in the letter
A private villa in Deodar forests? HoABL's Mashobra homes start at 9.5 cr
Luxury living at 7,000 feet: HoABL launches 9.5 crore villas near Shimla
Bitcoin rebounds above $82,000 as oils retreat lifts risk mood
The original cryptocurrency climbed as much as 2.4% and was hovering around $82,600 in early London trading
Gold rate today: 24k vs 22k vs 20k vs 18k
PhonePe sees opportunity to bring everyday savers into equities with PhonePe Invest: Rahul Chari
PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem
The NSE and BSE will remain closed on October 20 for Dussehra. With 12 of the 16 scheduled stock market holidays for 2026 already passed, three more holidays remain after the October closure. These include Diwali-Balipratipada on November 10, Guru Nanak Jayanti on November 24 and Christmas on December 25.
Ixigo shares rally 13% after travel platform reports all-time high profit
Ixigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boosted by the sale of its stake in Freshbus. Gross transaction value rose 22% year-on-year to Rs 5,304.47 crore, while revenue grew 13% to Rs 320.96 crore and contribution margin increased 14% to Rs 124.86 crore.
ICICI Bank share price target after Q2 results: What are Jefferies, other analysts saying?
ICICI Bank shares rose after Q2FY27 net profit increased 20.1% year-on-year to Rs 14,843 crore, while net interest income grew 17.7% to Rs 25,339 crore. Jefferies maintained its Buy rating with a target price of Rs 1,750, implying 25% upside, citing improving margins and expectations of 16% core profit CAGR over FY26-29.
11 years, zero net FII flow: How a $64 billion outflow erased 9 years of equity buying
Foreign institutional investors have dramatically pulled back from Indian equities, reversing nearly nine years of consistent investment. A massive $63.6 billion in outflows occurred, particularly pronounced in 2026. Industries suffering the most include financial services, automobiles, and oil and gas. Although domestic investors have somewhat mitigated the foreign sell-off, the prospects for renewed foreign investments appear grim, with rising bond yields and energy costs dampening interest.
Uttar Pradesh is set to introduce revamped tenancy regulations designed to streamline the rental agreement process for landlords and tenants alike. This initiative includes lower stamp duty and registration fees to encourage formalized agreements instead of informal arrangements. With enhanced legal protections and clearer proof of residence for tenants, landlords will also gain improved documentation options. These reforms aim to lessen disputes and foster a more equitable rental market.
Q2 Results Today, 19th October 2026 Live Updates: Stay tuned to businessline for more
TCS Share Price Live Updates: TCS Trading Update
Bharti Airtel Share Price Live Updates: Bharti Airtel's Current Trading Price
HCL Tech Share Price Live Updates: HCL Tech Sees Positive Movement
Asian Paints Share Price Live Updates: Asian Paints Price Movement Analysis
Infosys Share Price Live Updates: Infosys Trading Update
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Current Trading Status
NTPC Share Price Live Updates: NTPC's Price Analysis
Power Grid Share Price Live Updates: Power Grid Stock Details
Bank holiday today: Several Indian states observe a bank holiday in celebration of various festivals, including Mahanavami. Nevertheless, banks may remain open in some regions, so it's prudent to verify local operations. Customers can still access digital banking for transaction needs, ensuring convenience despite the holiday closures.
Will vs Trust: Avoid these estate planning mistakes
The problem often is failing to update a will and a trust regularly to avoid conflicting provisions. A common situation is one where an individual executes a will and subsequently establishes a family trust, transferring some of the assets mentioned in the will to that trust, but never revisits the will.
Home loan costs rising? Your credit score can help
In todays competitive lending environment, many homeowners are successfully reducing their mortgage rates thanks to improved credit scores. A higher credit score signals a reliable repayment history, empowering borrowers to negotiate better terms with lenders. Financial experts stress the importance of maintaining a robust credit profile, particularly as interest rates climb. However, some borrowers may be unaware of their negotiating leverage, missing out on substantial savings.
Small caps look costly: Should you shift to large caps?
In recent times, small and mid-cap stocks have proven to outperform their large-cap counterparts. Despite experiencing market volatility, these smaller equities have continued to attract investor attention and capital inflow. As a result, their valuation levels have surged. Analysts warn, however, that for this trend to sustain, earnings expectations must be fulfilled. Therefore, investors should consider careful portfolio adjustments in response to shifting market conditions.
Want to become a financial adviser? Courses to pick
The career change of Sumit Aggarwal to a mutual fund distributor illustrates a notable trend within the financial advisory realm in India. With a vast number of investors, there's a growing necessity for certified financial planners. Educational institutes are responding by launching targeted courses, promoting credentialing opportunities like CFP and QPFP for finance professionals. As demand for expert guidance escalates, the financial planning sector is expected to experience notable expansion.
Rising funding costs put NBFC margins under pressure
The non-banking financial companies (NBFC) sector is set to enjoy robust earnings, thanks to strong credit demand and consistent asset quality. Nonetheless, the latter half of Financial Year 2026-27 could pose challenges with rising interest rates leading to higher funding costs. Analysts emphasize that successfully managing these costs will be key to sustaining growth, advising cautious investment in resilient NBFCs amid changing market dynamics.
Home loan closed? 5 smart ways to use your EMI money
People often get emotional about closing their home loan early and start using a majority of their funds to aggressively pay off this obligation.
SIP vs STP for PMS: Key differences, costs and risks
The rising inclination toward systematic investment plans (SIPs) for Portfolio Management Services (PMS) is becoming increasingly visible among Indian investors. A notable percentage of PMS strategies are starting to incorporate SIPs for regular investments. Particularly, younger investors looking to build wealth are favouring this approach to mitigate market risks. With recent regulatory shifts regarding PRIM, advancements in technology and education for investors are essential for broader adoption of PMS SIPs.
Worried about hike? Check your firm's financials
Keep managers reassurance and employers financials apart, says Devashish Chakravarty.
Carnelian NFO: Is Rs 5,000 crore cap a smart move?
To mark its entry into the mutual fund arena, Carnelian Investment Managers has launched its debut scheme with an impressive cap of Rs. 5,000 crore. This innovative approach is designed to optimize the fund's capacity for yielding significant alpha returns. Interestingly, Systematic Investment Plans will remain an option for investors post-cap limit. However, there are apprehensions regarding possible artificial scarcity effects among investors.
