22 C 
Fresh market borrowings for the govt getting pricier amid a tighteningcycle
The outstanding size of the existing 6.94 GS 2036 hasalreadyreached 2.38 lakh croreand it is likely the Ggovernment may issue a new 10-year G-Sec soonK Ram Kumar
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
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.
Rs 6,908 bonus for central government employees: Check eligibility rules for 2025-26
The Ministry of Finance has announced the non-productivity-linked bonus (non-PLB), also called the ad hoc or annual bonus, for the accounting year 2025-26. Central government employees who qualify will get a bonus equal to 30 days of their pay.
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
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
RBI steps up scrutiny of large overseas investments as rupee slides
The Reserve Bank of India issued a standardized checklist to major banks last week, requiring detailed information on overseas direct investments exceeding $1 billion
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
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
From 100 million users in 170 days to an IPO, a decade of Jio Platforms
Jio Platforms is on the brink of its initial public offering, an important step in its evolution. Since its inception in 2016, the company has gained over 524 million customers and achieved impressive profitability. With significant investments from leading global players in recent years and a vast portfolio of patents, Jio is positioning itself as a leader in innovation.
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
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
Union Bank of India logs 30% y-o-y increase in net profit at 5,537 crore
Union Bank of India reports a robust 19% growth in advances; deposit growth at 7%
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.
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
DLF's growth plan: 58,000 crore launches, luxury homes and rental income
DLF to launch next phase of Mumbai project in Q3 FY27 after 2,300 crore sellout
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.
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.
Baby on board? The 1-crore money plan and 8 money moves every new parent in India needs
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
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Current Trading Status
NTPC Share Price Live Updates: NTPC's Price Analysis
ONGC Share Price Live Updates: ONGC Experiences Positive Price Breakout
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.
Why to use SWR formula for your retirement fund
Cutting through money jargon, one topic at a time. This week, Sanket Dhanorkar explains what is safe withdrawal rate and how you can ensure a smooth retired life.
Equity vs gold vs debt: Where to allocate most?
For the best portfolio results, dont get swayed by any one asset class. Experts recommend diversification. While asset allocation is the way to go, the question remains: what is the best combination? Every investor has their own asset allocation. In this weeks TrendMap, we compare seven asset combinations. Portfolios with gold have delivered a notable return boost in recent years, while those with zero gold exposure have persistently lagged. By Sameer Bhardwaj
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.
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.
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.
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.
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.
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.
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.
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.
Farm loans lose share in banks credit books as lenders turn cautious on rural exposure
Rural credit trails overall loan growth at several banks in September quarter
DIIs increase stake in 8 midcap stocks in Q2FY27
DIIs increased their holdings in several NSE midcap stocks during the September 2026 quarter. Swiggy, One97 Communications, Meesho, Cochin Shipyard, Lenskart Solutions, Piramal Finance, APL Apollo Tubes and SBI Cards and Payment Services saw DII shareholding rise by more than 200 basis points quarter-on-quarter, based on StockEdges shareholding scan.
Credit growth likely to see addition up to 2% in the ongoing quarter, says PNB MD Chandra
Ashok Chandra, MD and CEO of Punjab National Bank, has stated that festive demand has significantly driven credit growth
Hailing from Raipur and having spent formative years in Mumbai, this finance enthusiast embarked on a journey in equity markets after earning an MBA. Currently directing multiple funds at Abakkus AMC, they emphasize thorough research and strategic equity investments aimed at sustainable growth. The thrill of navigating the ever-evolving equity landscape fuels their dedication, showcasing a deep passion for the world of finance and investment.
Jio Platforms joins global top 20 patent filers as Reliance readies first IPO in 30 years
Jio Platforms has achieved a significant milestone by entering the global top 20 patent filers as of March 2026. The company has filed over 7,220 patents, focused primarily on next-generation technology areas like 5G and AI. Jio Platforms has also made advancements in satellite communications, which were showcased to India's communications minister.
Jio Platforms' IPO takes its telecom numbers out of Reliance's consolidated results
Jio Platforms is preparing to launch its IPO, poised to enhance its market presence substantially. This listing will disclose critical metrics like its subscriber figures and independent data usage rates. With substantial growth in its customer base and revenue, Reliance Jio Infocomm is on course for what is anticipated to be India's largest IPO.
FPIs pull out 52,100 cr from equities in Oct so far amid global headwinds
Foreign portfolio investors (FPIs) have withdrawn Rs 52,100 crore from Indian equities in October so far, as elevated crude oil prices, higher US bond yields and a stronger dollar weighed on investor sentiment. The latest outflow follows a net withdrawal of Rs 35,861 crore in September. FPIs had invested Rs 20,200 crore in Indian equities in July and Rs 29,631 crore in August, according to data from the Central Depository Services Ltd (CDSL). With the latest selling, cumulative FPI outflow from Indian equities in 2026 has reached Rs 3.12 lakh crore, way higher than the Rs 1.66 lakh crore withdrawn during the entire 2025, the data showed. Dheeraj Gaur, Chief Investment Strategy Officer at Choice Wealth, said FPIs continued to sell Indian equities amid elevated US bond yields, a stronger dollar and rising crude oil prices. Sticky US inflation has also fuelled expectations of a Federal Reserve rate hike, making US assets more attractive to foreign investors, he said. Meanwhile, expen
IDBI Bank sale: Employees to go on nationwide 2-day hunger strike on November 2, 3
The United Forum of IDBI Officers and Employees threatened to intensify agitation programmes with prolonged action, including indefinite strike without further notice, if demands are not met
HDFC Bank reports muted 4.70% increase in Q2 standalone net profit at 19,510 cr
Net interest income rises 10% y-o-y to 34,619 crore
Punjab & Sind Bank records 40% rise in net profit in Q2
Net interest income grows 22% to 1,162 crore
ICICI Bank Q2 profit jumps 20.1% to 14,843 crore; margins come under pressure
Higher interest income and expansion in lending supported earnings, while the cost of FCNR(B) inflows contributed to pressure on margins
HDFC Bank veteran Kaizad Bharucha quits
Bharuchais HDFC Banks longest serving board member, having joined itin 2014
Q2 Results Highlights, 17th October 2026: Stay tuned to get real-time market, business and financial news updates
Axis Bank Q2 profit rises 37.6% to 7,003 crore as provisions fall 52.2%
Higher core income, expanding lending across business segments and lower provisioning costs supported the private sector lenders performance during the September quarter
YES Bank reports quarterly profit but flags impact of Supreme Court ruling on AT-1 bonds
The bank said recognising the rulings impact would have resulted in a quarterly loss of 5,217 crore, according to its filing.
Central Bank of India Q2 net profit jumps 21% to 1,469 cr on higher core income
Central Bank of Indias total income climbs to 11,737 crore in Q2 FY27 from 10,212 crore a year ago
The central government has unveiled a Performance Linked Bonus for postal employees for the fiscal year 2025-26. This bonus will be equivalent to 60 days' emoluments, capped at Rs 7,000. Those eligible include Multi-Tasking Staff (MTS), Group C workers, and non-gazetted Group B members. Additionally, Gramin Dak Sevaks who meet certain criteria will be entitled to an ex-gratia bonus, as detailed by the Department of Posts.
IDBI Bank Q2 results: Net profit falls 39% to 2,205 cr as non-interest income moderates
This is the first quarterly numbers after the government earlier this week approved the sale of a 60.72% stake in IDBI Bank to Canadas Fairfax Financial Holdings for about 53,000 crore
HDFC Bank Deputy MD Kaizad Bharucha quits ahead of Anup Bagchis takeover
The leadership change comes as the countrys largest private sector lender prepares for Anup Bagchi to assume charge later this month.
This TDS reporting form replaces 4 different forms
