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RBI says NBFC ban on revolving credit is a clarification, not a new rule

In a draft circular released on 6 August, the central bank proposed limiting NBFC lending strictly to term loans.

7 Oct 2026 8:43 pm
IATA asks airlines to negotiate Mumbai slot cuts, seek longer transition period

Adani Airport, which operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, had proposed temporarily discontinuing 265 of 770 weekly international departure slots from T2 of the airport from 25 October as part of the transition of international operations to Navi Mumbai. 

7 Oct 2026 7:32 pm
RBI turns hawkish on inflation, but rate hikes could test growth momentum

The RBI's rate path from here on remains data dependent beyond December 2026. However, the bar for a December pause is much higher now.

7 Oct 2026 7:13 pm
EPFO wage ceiling hiked to 25,000: Likely enhancements in social security coverage pension, insurance, explained

The Cabinet increased the EPF wage ceiling to 25,000, expanding coverage for 51 lakh employees. This change, the first in 12 years, raises employer contributions and enhances pension benefits for long-term subscribers, impacting total accumulated corpus.

7 Oct 2026 7:11 pm
Goenkas' RPSG bets on energy, chemicals, ITeS as its growth engines

CESC Ltd, the groups utility arm, deals with power distribution as well as renewable energy generation under its subsidiary Purvah Green Power Pvt Ltd. It has a market capitalization of a little over 17,400 crore.

7 Oct 2026 7:07 pm
5 money lessons from international bestseller I Will Teach You to Be Rich by Ramit Sethi

Ramit Sethi's I Will Teach You to Be Rich is an international bestseller. Here are 5 money lessons from the personal finance book.

7 Oct 2026 7:01 pm
Brookfield enters Indian logistics with 10.5 million sq ft ESR portfolio buyout

The asset manager has committed 4,300 crore to acquire and further develop Grade A warehousing parks across six major hubs, with ESR continuing to manage the properties.

7 Oct 2026 6:48 pm
Bajaj Finance raises FD rates by up to 40 bps; senior citizens can earn up to 8.15% check details

Bajaj Finance has raised FD interest rates by 15-40 basis points across 12-60 month tenures. Senior citizens can now earn up to 8.15% on fresh deposits and 8.25% on renewals, while regular depositors can earn up to 7.75% and 7.85%, respectively.

7 Oct 2026 6:30 pm
RBI hikes rates, but banks may hold off on raising deposit rates

A surge in FCNR(B) deposits has left banks flush with liquidity, reducing the immediate pressure to compete for deposits even as the RBI begins to drain the surplus.

7 Oct 2026 6:17 pm
Billionaires like former Twitter CEO Parag Agrawal are bullish on artificial intelligence: Check options to invest in AI

India's AI sector is gaining prominence, with 19 individuals listed on the M3M Hurun India Rich List 2026, collectively worth 3.07 lakh crore. 

7 Oct 2026 5:54 pm
Hindustan Unilever detergent price hike: Surf Excel Easy Wash, Rin and Wheel prices revised; check new rates here

Hindustan Unilever has raised detergent prices in October, affecting brands like Wheel, Rin, and Surf Excel. This year, Surf Excel products saw multiple price hikes due to rising input costs, including increased palm oil and packaging expenses.

7 Oct 2026 5:28 pm
Jet fuel shock: Govt explores price stabilisation fund relief for airlines as ATF prices climb

India is contemplating reviving jet fuel price stabilisation fund amid rising prices, influenced by geopolitical turmoil. Discussions are ongoing with airlines and oil-marketing companies, as ATF constitutes 40% of airline expenses. IndiGo has raised its fuel surcharge in response to soaring costs.

7 Oct 2026 5:08 pm
From first sale to 100 crore: The new playbooks building consumer brands in India

Three post-pandemic consumer businesses show how founders are finding customers, developing products, building brands and scaling in a market where the barriers to entry have fallen.

7 Oct 2026 5:07 pm
Cashfree in talks to raise $80-100 million

Existing investor Krafton Inc. is expected to raise stake at the same valuation.

7 Oct 2026 4:46 pm
RBI to share views on Irdais proposed insurance distribution overhaul

RBI governor Malhotra said RBI has not formed a view on Irdais proposed distribution reforms but will share its comments.

7 Oct 2026 4:39 pm
HubSpot lays off 660 workers, offers 20 weeks base pay and job-search support

Despite the restructuring, HubSpot has maintained its revenue and non-GAAP operating income forecasts for both the third quarter of fiscal 2026 and the full year ending December 31, 2026.

7 Oct 2026 4:25 pm
Alcobev value growth hinges on what people drink, not just how much: ISWAIs Sanjit Padhi

Rising incomes and premiumization are driving market value, but shifts toward categories like beer and rigid state pricing controls pose ongoing challenges, says the industry body chief.

7 Oct 2026 4:17 pm
Airtel introduces new postpaid plans, hikes prices by 3-11%

Airtel said that the users will be able to enjoy an international trip with free roaming every year with these new postpaid plans, along with all existing benefits, effective 8 October 2026.

7 Oct 2026 1:17 pm
Mobile bills may rise again: 1215% telecom tariff hike likely in 45 months. What it means for Jio, Airtel, Vi users

Indian mobile tariffs could rise by 1215% within four to five months, according to Centrum Institutional Research. While Jio, Airtel and Vi have not confirmed any hike, prepaid and postpaid users may face higher bills if operators revise their plans.

7 Oct 2026 1:05 pm
CX Partners-backed Veeda Lifesciences eyes majority stake sale at upto $400 million valuation

Veeda Lifesciences has restarted a process to sell a majority stake at a $300-400 million valuation, with existing investor CX Partners expected to exit and fresh capital aimed at expansion.

7 Oct 2026 11:11 am
Global PE Funds eye controlling stake in Gemsons at 1,200 cr valuation

EQT, Carlyle, Blackstone and ChrysCapital are amon eyeing a stake in Gemson, with the deal likely to help expand capabilities

7 Oct 2026 11:00 am
From Harry Potter to CNN: What Paramount Skydance gets after $110 billion Warner Bros deal | 5 key things to know

The closing followed settlements with a coalition of US states and a Hollywood writers union, which removed the main legal barriers to one of the largest mergers in media history.

7 Oct 2026 9:08 am
SpaceXs $40 billion AI bet: Elon Musk turns to banks and investors for Nvidia chips

Elon Musk announced 110,000 Nvidia GB200 chips and 440,000 GB300s for Colossus 2, with plans for an additional 660,000. SpaceX seeks $40 billion in debt financing to acquire chips, reflecting the significant demand for AI computing power and ongoing large-scale financing deals.

7 Oct 2026 6:41 am
Wizz Financial bets on India with cross-border fintech push, eyes 2029 IPO

The company is expanding beyond remittances into payments, lending and wealth management as it seeks to make India the centre of its global financial platform.

7 Oct 2026 6:01 am
L&T Realty targets 150 million sq ft portfolio by 2031 with focus on luxury housing

The developer plans to double its footprint over five years through premium residential projects while consolidating group real estate assets under a single platform.

7 Oct 2026 6:00 am
What Paramounts Warner Bros. takeover means for streaming, movies and news

What Paramounts Warner Bros. takeover means for streaming, movies and news

7 Oct 2026 2:41 am
Codelco Probes New Signs of Overstated Chile Copper Production

Codelco is investigating fresh evidence that copper production may have been double counted in 2024 and 2025, raising further questions over output figures at the Chilean state-owned miner.

7 Oct 2026 12:36 am
Paramount Skydance completes $110 billion Warner Bros Discovery deal: David Ellison takes control of new Hollywood giant

The Warner Bros Discovery acquisition now gives CEO Ellison control over an entertainment portfolio that includes some of the world's most valuable film, television and streaming properties.

6 Oct 2026 6:45 pm