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JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. as investors demand higher yields for risky debt tied to the artificial intelligence boom.

Electric car insurance claims cost 14% more on average than comparable petrol and diesel car claims, with average costs rising further during monsoon conditions. Here's why.

Adani has begun construction of 10,432 rehabilitation homes for eligible Dharavi residents on a 22-acre Matunga railway site in Mumbai. The project includes 10 high-rise towers, commercial units and community facilities, with completion planned in phases until 2030.

India has offered quota-based tariff concessions on car imports from the United Kingdom and the European Union (EU) under its free trade agreements with the two regions.

A property seller facing a 90.09 lakh income tax penalty after failing to file an ITR has received another chance to appeal. The ITAT condoned the delay and ordered fresh consideration, but did not cancel the penalty or decide the tax dispute.

The rupee surged 93 paise after the RBI tightened forex rules to curb dollar speculation. Experts explain how the measures could affect returns on US stocks, international mutual funds and ETFs, and what Indian investors should know about currency risk and overseas investments.

A consistent monthly investment can help salaried individuals build wealth over 10 years. For those earning 50,000, 1 lakh or 2 lakh a month, the potential corpus depends on how much they invest, the returns they earn and how inflation affects the future purchasing power of their savings.

HCLTech expects little workforce impact from the US suspension of PERM applications, citing its limited recent use of the programme and increased recruitment of local talent. Analysts say the move is unlikely to significantly affect Indian IT firms, though it could complicate some H-1B extensions.

HCL Techs advanced AI revenue jumped 28% sequentially to $219 million, while net profit jumped 10.25% during the same period to $538 million.

RBL Bank expects its net interest margin to decline in the December quarter as the cost of about 34,000 crore raised through FCNR(B) deposits kicks in, while much of the funds remain parked in lower-yielding investments. 

Festive gold buying is common in India, but cash purchases and tax compliance rules apply. Here's all you need to know before purchasing ornaments and jewellery this Dhanteras. 

SDTT, which holds 27.98% of Tata Sons, has sought an extension to respond to the Charity Commissioners queries on complaints filed against it. The deadline is now extended to 19 October.

A financial advisor should help investors meet their changing financial goals, not simply push new products. Here are five warning signs to watch for, from poor portfolio reviews and unclear recommendations to hidden costs and lack of transparency.

The measures, announced over the weekend, have raised questions about maintaining the Foreign Exchange Risk Reserve, recovering the associated costs from customers and calculating the notional value of transactions involving multiple options strategies.

Indian Railways is advancing projects in Uttar Pradesh, including a proposed AligarhMathura rail link and track upgrades in Gonda district. Land acquisition and forest-clearance steps are underway for the MankapurTikri doubling and a new JhilahiTikri line.

At the end of September, Reliance Retail, which operates 7-Eleven stores in India under a master franchise agreement, shut all 31 outlets across the country.

A nominee helps banks and financial institutions settle investments after an account holders death. But what determines the final ownership of the assets? Full details here. 

Finance Minister Nirmala Sitharaman urged steelmakers to cut emissions and boost domestic specialty steel production to reduce import dependence. She highlighted rising domestic demand, a 6,300 crore PLI scheme and public investment as key growth drivers.

Retirement planning must account for inflation and decades of expenses after regular income stops. With 7% annual inflation, someone spending 50,000 a month today could need a retirement corpus of 2.20 crore to 11.95 crore by age 60, depending on their current age and years until retirement.

Mohan Rocky Springwater Pvt Ltd told the High Court that its standoff with the FSSAI has left its Khopoli factory shut since May, cutting off state tax revenues and leaving 300 workers idle.

FundsIndias October 2026 report compares 20-year returns across asset classes. 1 lakh invested in gold grew to 14.6 lakh, compared with 8 lakh in Indian equities, 4.3 lakh in debt and 4.2 lakh in real estate, highlighting golds stronger performance over the period.

Inoperative PMJDY accounts at private banks rose to 8.95 million, even as their share of total accounts fell to 36%; public sector banks reported a smaller increase.

McKinsey removed senior partner Chris Bradley from his leadership roles after reviewing his LinkedIn comments questioning the glass cliff phenomenon. Details of the post here. 

The HRA provisions focus on whether the employee pays rent for accommodation actually occupied and whether the employee owns the property for which the exemption is claimed

The revised MDR fee framework for UPI transactions could burden consumers through higher retail prices, even as merchants are barred from directly passing on the charges, an IIT Bombay report has warned, calling for changes to the proposed model.

An emergency fund can help cover unexpected expenses without relying on loans. Here's how much you'll need to save to build 1.5 lakh corpus. Reassess your target regularly and build it gradually using accessible, low-risk options.

From Surats soaring viaducts to an undersea tunnel near Mumbai, Indias 2-trillion bullet train is breaking ground. Shaking off delays and Japanese supply snags, a homegrown high-speed ecosystem is taking shape. Can this massive gamble finally outrun its price tag?

Small-cap and mid-cap funds attracted 16,873 crore in September, up 12.8% from August. Experts say inflows reflect long-term growth expectations and SIP participation, but investors should avoid chasing past returns and assess valuations, risk tolerance and investment horizons before investing.

Can a paternal uncle claim his deceased brothers property if the latter has a surviving son? Inheritance rights depend on the applicable succession law, surviving legal heirs, property ownership and the presence of a valid Will. Heres what the law says about property claims by paternal uncles.

Gold ETFs attracted 4,451 crore in Sept, the highest monthly inflow of FY27 so far, with net investments rising 71% from August, according to AMFI data. Experts attribute the surge to geopolitical uncertainty, inflation concerns, golds safe-haven appeal and expectations of further price gains.

Shriram Finance revised fixed deposit rates by 0.15% to 0.40% across tenures, effective October 11, 2026. With senior citizens over 60 receiving 0.50% additional benefit and women depositors receiving an additional 0.05% annual benefit.

Dave Ramseys financial plan emphasises habits over income. Check these 5 lessons from 'The Total Money Makeover', an international bestseller.

Warren Buffett's 2004 shareholder letter offers 5 investing lessons on keeping costs low, understanding businesses, avoiding emotional decisions, choosing simple investments and demanding value. Here's how investors can apply his advice to navigate market volatility and build long-term wealth.

A UK study found AI models often gave wrong or incomplete answers to financial questions, especially complex ones. Indian investors should verify tax, debt and retirement advice before acting on it.

Aditya Birla Health Insurance has partnered with PFRDA to launch NPS Swasthya coverage through its Group Activ Health plan. Eligible NPS account holders can cover themselves, a spouse and up to two dependent children.

Mutual fund SIP inflows hit a record 32,490 crore in September, while equity mutual fund inflows rose 30.6% month-on-month. However, debt fund withdrawals led to net outflows of 1.33 lakh crore for the industry during the month.

Unlimited health plans from Niva Bupa, Care, ICICI Lombard and HDFC ERGO work in different ways, and some retain caps or conditions despite the label. What exactly is unlimited, and what conditions continue to apply when a large claim arrives?

Health cover should evolve with income, family responsibilities and medical needs. The real test is whether insurance, savings and other protection can absorb a serious health event without derailing financial goals.

Selling old gold jewellery? Check how gold purity, net weight, buying rates, making charges, testing deductions, BIS hallmark verification and jeweller buyback policies affect your resale value. Find out how to calculate your golds worth and compare offers before selling.

Assam Chief Minister Himanta Biswa Sarma said that the state's 8th pay commission has begun its work, adding that salaries of its government employees would be revised after the committee submits its report. 

Indias NPPA has approved capping trade margins on non-scheduled cancer drugs at 30% of MRP, targeting markups that averaged about 170% and reached 700% in some cases. What it means for patients and how will the cap work?

Reality TV is turning to creators for built-in fan bases and a cheaper alternative to film stars. For creators, a successful show can mean more fame, brand deals and new revenue streams beyond appearance fees.

JioStar, Sony, Zee and other rights holders have sought repeated court orders to stop illegal sports streaming in India. Broadcasters say piracy undermines revenue and rights values, while lawyers warn enforcement remains costly and difficult.

Fresh Houthi attacks on Saudi Arabia have heightened concerns about oil supply disruptions and pushed crude prices higher. For import-dependent India, sustained price increases could widen the import bill, stoke inflation and pressure economic growth.

Dearness Allowance is a percentage of employees' pay aimed at helping households manage the increased cost of living. For calculation purposes, it is separated into two categories: industrial and variable DA.

A 40 lakh home loan at 9% instead of 10% could save borrowers 2.63 lakh over 10 years, 6.27 lakh over 20 years and 10.50 lakh over 30 years. Here is a breakdown of monthly EMIs, interest costs and repayment strategies. 

The GST Council has recommended procedural reforms to speed refunds, broaden input tax credit and simplify registration and compliance, while leaving tax rates unchanged. Will this pave the way for One Nation, One Tax?

Gold and silver prices today, 12 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

Rising coal and pellet costs have squeezed margins at small steel mills, while spot electricity prices have surged. Some producers in Chhattisgarh are cutting steel output to sell power instead.

8th Pay Commission: Demands for a higher fitment factor as Dearness Allowance (DA) rises to 60%. Here is what employee unions are seeking regarding salary revisions, minimum basic pay, DA merger and pension changes.