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Rupee slips 20 paise against US Dollar as crude oil tops $106, foreign outflows continue

Beginning the week on a down note, the rupee slipped to 95.95 against the US dollar amidst various economic hurdles. Factors contributing to this decline include a strengthening dollar, extensive foreign fund withdrawals, and escalating crude oil prices, with Brent…

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Why is market falling today? Sensex tumbles over 900 points, Nifty below 22,900. Key factors behind Rs 6 lakh crore rout

On Monday, the Indian stock market faced a notable decline, with both Sensex and Nifty dropping close to 1%. This downturn was largely linked to escalating oil prices and rising bond yields, driven by heightened tensions between Iran and the…

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Why is market falling today? Sensex tumbles over 900 points, Nifty below 22,900. Key factors behind Rs 6 lakh crore rout

On Monday, the Indian stock market faced a notable decline, with both Sensex and Nifty dropping close to 1%. This downturn was largely linked to escalating oil prices and rising bond yields, driven by heightened tensions between Iran and the…

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India’s first LNG-powered train is here: 1,400 HP power cars to replace nearly 40% of diesel use while cutting carbon dioxide, nitrogen oxides & particulate emissions

India’s first LNG-powered train is here: Amit Shah flagged off India’s first LNG-powered train in Gujarat and launched railway projects worth more than Rs 1,542 crore at Sabarmati. The projects include a diesel-LNG dual-fuel train, Kavach safety system across 404…

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Costly Diwali: Appliance makers set to serve up another price shock

Leading manufacturers such as LG, Samsung, and Daikin are raising prices of consumer appliances by 5-10%. This increase is attributed to rising costs of raw materials, including copper, steel, and aluminium. Companies are concerned about the impact on sales growth…

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Bank unions defer 3-day nationwide strike after talks with IBA

Bank unions have decided to defer a planned three-day strike after discussions with the Indian Banks’ Association. A new high-level committee will be formed to address important employee demands, including Saturdays as holidays. Union representatives aim to resolve concerns related…

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  • New FASTag local pass from 1 Nov: Costs, coverage, validity rules compared with Annual Pass; which one should you buy?

    The new FASTag concessional local pass launches on 1 November for non-commercial vehicle owners living within 20 km of a toll plaza. Costing ₹1,500 or ₹3,000 annually, it differs from the ₹3,075 FASTag Annual Pass in coverage, eligibility and usage rules. 

  • Dearness Allowance hike October 2026: Ministry of Railways revises VDA rates for contract workers; check details

    The Ministry of Railways has revised VDA rates for contract workers with effect from 1 October 2026. The Railway Board’s 28 October letter refers to the Labour Bureau’s 30 September order and directs principal employers to ensure that contractors comply with applicable labour laws.

  • Gold, silver prices today, 29 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 29 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.

  • Need money urgently in financial crisis? PPF loan v personal loan - Check costs, interest rates and applicable rules

    Need money urgently? Compare PPF loan vs personal loan interest rates, borrowing limits, eligibility and repayment rules in October 2026. Here are the PPF loan costs, personal loan EMIs and key conditions to choose a suitable borrowing option during a financial emergency.

  • Karwa Chauth 2026: Are banks open today? Check if SBI, HDFC, ICICI Bank and others are closed in your city on October 29

    A local bank holiday for Karwa Chauth on October 29 affects public- and private-sector banks. Customers can use online and mobile banking, UPI, cards and ATMs. 

  • DA hiked to 63% for central government employees: Check monthly salary increase across 7th Pay Commission levels

    The Union Cabinet has approved a 3% DA hike for central government employees, taking the rate to 63% effective from 1 July 2026. How much will monthly salaries increase across different pay levels? Check the revised DA calculations and what employees can expect.

  • DA hike from 60% to 63%: How central government employees can use extra salary to build savings and secure their future

    The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra salary to build savings, invest through recurring deposits and mutual fund SIPs or increase their emergency corpus.

  • Co-payment: The illusion of cost control

    The co-payment proposal raises concerns about all three sources of market failure: information asymmetry, market power, and externalities.

  • Investing in US stocks from India? How much can you invest and can you apply directly for IPOs? Complete guide here

    Indian residents can invest in foreign stocks through the RBI’s Liberalised Remittance Scheme. Here's how much one can invest per year and whether Indians can directly apply for foreign IPOs. 

  • Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know

    SEBI will make direct mutual fund plans the default option on asset management companies’ digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.

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