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RBI withdraws relaxation on export earnings repatriation

The Reserve Bank of India has reversed a previous decision allowing exporters 15 months to repatriate earnings. The new deadline set is 9 months for bringing back export proceeds into the country. This change aims to increase dollar liquidity and…

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Motilal Oswal group gets SEBI custodian licence to start operations from Q4

Motilal Oswal Financial Services’ wholly owned subsidiary MOCSPL has received SEBI approval to operate as a securities custodian, expanding the group’s institutional offerings ahead of its planned operations in the last quarter of 2026.

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India’s startup cash keeps finding one address, with $4.4 billion going to Bengaluru

Bengaluru secured $4.4 billion in startup funding during the first nine months of 2026. Total startup funding in India reached $10.3 billion despite a decline in funding rounds. Mumbai and Gurugram followed in funding, but with significantly less than Bengaluru.…

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India, Australia working on comprehensive economic pact, bilateral investment treaty: Piyush Goyal

India and Australia are working towards a comprehensive economic cooperation agreement and a Bilateral Investment Treaty to deepen trade and investment ties, Commerce Minister Piyush Goyal said. The countries are also expanding cooperation in critical minerals and education, while addressing…

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ICAI tells members to complete statutory compliance before nationwide bank strike

Bank employee unions have called the three-day strike, during which branch operations across public sector banks are expected to remain disrupted. The month-end period is among the busiest for corporate filings, with auditors racing to close statutory audits and companies…

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Centre cuts FY27 market borrowing to Rs 15.99 lakh crore; targets longer debt maturity

The Centre has cut FY27 gross market borrowing to Rs 15.99 lakh crore from Rs 17.2 lakh crore budgeted, seeking to limit pressure on bond yields amid global uncertainty. It will borrow Rs 7.86 lakh crore in the second half,…

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News

  • 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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