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IDBI Bank Ltd's 60.72% of total shareholding is being sold through the transaction, comprising 30.48% stake held by the Government of India and 30.24% stake held by LIC.

Fairfax will either have to sell its 40% stake in CSB Bank or merge it with IDBI Bank, as RBI regulations do not allow an entity to own two banks.

A credit score may not rise immediately after the final EMI; lenders must first report the loan closure to credit bureaus.

EPFOs new EPF rules group partial withdrawals into essential needs, housing and special circumstances, with a 12-month minimum membership requirement. Details here.

From April 1, 2026, Form 121 replaces Forms 15G and 15H for eligible taxpayers seeking TDS relief on specified income, including qualifying EPF withdrawals. Check who can submit the new declaration, its validity and why it does not automatically make taxable withdrawals tax-free.

Madhya Pradesh Chief Minister's Ladli Behna Yojana will be released on Wednesday, October 15. About 1.25 crore women will be receiving money transfer of more than 1,834 crore this time.

This is the biggest disinvestment by the Union government after Air India.

Since September 2025, the auto industry has posted double-digit growth in several months, driven by lower prices following GST cuts. But rising vehicle prices, borrowing costs and inflation threaten to dampen festive demand.    

Applying for a fresh passport involves more than filling out an online form. From selecting the right service and booking an appointment to arranging documents and paying the applicable fee, here's what applicants should know before getting started.

Remote property owners can outsource vacation-rental operations or long-term tenancy management, but these services and fees come at a high cost.

Aons survey of more than 1,200 Indian employers projects average salary increases of 9.1% in 2027, led by non-banking finance, energy and real estate. Attrition rose to 18% in 2026, while AI adoption and demand for specialised skills grew. Most employers are preparing for Wage Code compliance.

Indians can access stocks of US companies such as Apple, Tesla and more. Check your options.

The latest MoU between NSE International Exchange and the London Stock Exchange could widen access to global investment products through GIFT City. Here's what this could mean for Indian mutual fund investors, which ETFs may become accessible, and what regulatory hurdles they should consider. 

Should you increase your SIP when your mutual fund is delivering negative returns? Understand when to continue a step-up, how rupee-cost averaging works, why sustained underperformance needs scrutiny, and how your investment horizon should shape the decision.

Lionsgate Play is expanding beyond Hollywood with Tiger TV, a Hindi- and Punjabi-language service targeting underserved audiences and the diaspora. It aims to generate 500 crore in annual recurring revenue within three years.

JPMorgan Chase reported its first quarterly profit miss since late 2023, earning $5.57 per share against analysts $5.85 estimate. 

Mutual funds reshuffled their stock portfolios in September 2026, increasing exposure to select large-, mid-, and small-cap stocks while cutting holdings in others. Find out which stocks saw the biggest changes across market capitalization. 

India needs strong insurance regulation, but interventions must be judged by their impact on coverage, claims and consumer outcomes. Irdai should correct market failures without prescribing commercial choices.

Gold futures in India fell nearly 0.25% on Wednesday, while silver futures declined 0.70%. Retail prices varied across major cities, with jewellers potentially adding taxes and making charges. 

AMFIs September 2026 data show a shift in net inflows across select equity mutual fund categories. How did large-cap, dividend yield, and sectoral funds perform across different time horizons? We compare category flows and scheme returns to examine the changing performance landscape.

Coin and bar investment demand has cooled after exceptional growth last year.

NHAIs FASTag Annual Pass costs 3,075 and covers up to 200 crossings at participating national highway and expressway toll plazas. It is valid for one year or until crossings run out, whichever comes first, and is available for eligible private cars, jeeps and vans.

The Union Cabinet is expected to consider railway employees productivity-linked bonus on 14 October, but no payout has been approved. The Railway Board says a circulating letter claiming approval of a 78-day bonus is forged. 

For freelancers and business owners, irregular cash flows can make monthly SIPs difficult to sustain. An annual investment target, fixed asset allocation and adequate liquidity can help.

ITLA to prepare a 10-year-plus national transport master plan, appraise projects costing 500 crore and above, integrate transport data and monitor implementation to improve multimodal connectivity and reduce logistics costs

Indias retail inflation crossed 5% in September 2026, with projections pointing to a possible peak in November. As households prepare for Diwali shopping, what do the latest CPI figures reveal about festive expenses, and which purchases could put pressure on budgets?

Bank of Baroda said it had not been served with a lawsuit filed by B. R. Shetty in the Bombay High Court and could not comment on its claims. The bank said it would defend itself. Shetty is seeking $15 billion in damages over alleged links to transactions tied to his business empires collapse.

Jay Shettys Think Like a Monk offers five ways to build a healthier relationship with money. Check out 5 lessons about wealth creation. 

Nearly 67% of Indian scam victims who lost money recovered nothing, while 33% of reported cases remain unresolved. From online shopping fraud to AI-enabled scams, here's what the findings reveal and what consumers need to know.

Living abroad does not automatically make you a non-resident for Indian tax purposes. Residency depends on the number of days spent in India, income and other conditions. Know about the 182-day and 120-day tests, deemed residency, ITR exemptions and the transition to the Income Tax Act, 2025. 

The CBDT has expanded its SAKSHAM NUDGE initiative to include tax professionals, sending nearly 12,000 reminders to those with lower-than-usual tax audit filings. 

US regulators fined Bank of America $1.21 billion for failing to detect and report billions of dollars in suspicious transactions and sanctions-related payments. The bank expects the penalty to reduce third-quarter net income by about 17 cents per share.

LIC will offer three new insurance plans from 19 October 2026. New Jeevan Dhara-II provides deferred annuity income, Health Shield offers fixed health benefits, and New Cancer Cover provides financial payouts for specified cancer diagnoses.

The Karnataka High Court ruled that postal authorities could not deny PPF interest after allowing an irregular HUF account to operate for 12 years. The decision highlights the authorities' responsibility for irregularities they permitted.

LTCG tax rules differ across stocks, mutual funds, gold and property, with different holding periods, tax rates and exemptions. Here is what investors need to know about the tax treatment of their investments under the current framework.

Buying property in a spouses, childs or parents name can invite benami law and tax scrutiny if ownership and funding arrangements do not meet legal requirements. Know the statutory exemptions, potential penalties and documents buyers should maintain to establish legitimate ownership

Eastern Railway has replaced standard blankets with floral comforters in First AC coaches of the Howrah-New Delhi Rajdhani Express from 11 October. The new bedding will be washed and sanitised after every round trip to improve hygiene.

The RBI's 25-basis-point repo rate hike could increase the EMI on a 50 lakh home loan by 852 867 a month over 30 years, or 759 over 20 years under a separate interest-rate assumption. Borrowers with larger loans could face higher monthly increases.

Pensioners aged 80 and above can submit their Jeevan Pramaan Digital Life Certificate from October 1, while others can do so from November 1 to 30. Heres how to generate a life certificate using Aadhaar-based face authentication, the documents required and alternative submission methods.

RERA gives homebuyers legal protection against excessive advance payments, delayed possession, unauthorised changes to property plans, construction defects and false advertising. Here are five rights buyers should know before purchasing a home.

A returning NRIs UK workplace pension is tax-free in India while they qualify as RNOR, but becomes taxable as salary income once they become ROR, even if it remains in a UK bank account.

Investors building a mutual fund portfolio for a 10-year goal should balance large-cap stability with mid- and small-cap growth, while diversifying across debt, gold and international equities. Experts explain how valuations, risk appetite and rebalancing should shape portfolio allocation.

A consumer commission has directed United India Insurance Company to pay 70 lakh to a BMW owner whose car was gutted in a fire after a tyre puncture left him stranded on a Maharashtra highway. 

LTCG tax is back in focus after SBI Research proposed scrapping the tax on equity investments. Here are the latest LTCG tax rates, the 1.25 lakh exemption on eligible equity gains, property taxation rules and what investors need to know.

An Indian factory takes 23% longer to fill the same export order than a Vietnamese factory and pays for 18% more labour-hours to do it.

Mumbai ITAT has ruled that 82 lakh received by a flat owner as hardship compensation under a redevelopment agreement was not taxable as income. The ruling offers guidance to homeowners receiving compensation from builders during housing society redevelopment.

SBI Research has urged the government to scrap long-term capital gains (LTCG) tax on equities and extend holding periods to two or three years to attract foreign investment. The proposals come amid heavy FPI outflows and pressure on the Indian rupee.

The ITAT has ruled that the sale of Transferable Development Rights (TDRs) for 6.02 crore attracts capital gains tax after the land was surrendered for road widening. However, eligible land costs and deductions must be considered when calculating taxable gains.

MEME ministry secretary Bharat Khera has called for greater technology transfer, vendor development and supply chain integration as smaller firms face global disruptions and rising costs.

E-commerce giants use psychological tricks like countdown timers, artificial price inflations, and easy financing to drive impulse buys during festival sales. Experts warn consumers to track price histories and look out for hidden fees on No-Cost EMI options before buying.