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LIC raises stake in Tata Consumer to 8.64%, ups holding in Dabur to 6.98%

Life Insurance Corporation (LIC) increased its holdings in Tata Consumer Products to 8.65% and in Dabur India to 6.99%. The purchases, made between February and October 2025, signal renewed confidence in India’s FMCG sector amid steady consumption trends.

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Nearly 27% of retail investors opted for direct investments in September: ICRA Analytics

Retail investors primarily use Non-Associate Distributors (65.30%), while banks/FIIs prefer direct investment (95.45%). Assets from B30 locations are rapidly growing (up 15% yearly) and are heavily concentrated in equity schemes (76.60%).

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"Young have new opportunities to work on global projects": PM Modi hails GST reform at Rozgar Mela

Addressing the Rozgar Mela virtually, the prime minister highlighted that the reform would increase exports and give young people new opportunities to work on global projects.

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Sitharaman urges GST officers to be polite, empathetic toward honest taxpayers

Finance Minister Nirmala Sitharaman urged GST officers to be polite and empathetic towards honest taxpayers, emphasizing technology for faster approvals and grievance redressal. She stressed timely conclusion of disciplinary proceedings against officers to ensure accountability and prevent misconduct. The minister…

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Intel returns to profit after six straight quarterly losses; CFO David Zinser tells what its to have the US government as Intel’s biggest shareholder

Chip giant Intel has returned to profit after six quarters of losses. The company reported strong revenue in the third quarter, driven by high demand for its chips. This positive performance follows a significant investment from the US government. Intel…

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RBI proposes to allow banks to fund India Inc takeovers, PSU disinvestments and IPOs

RBI has proposed allowing banks to fund domestic and overseas corporate acquisitions, PSU disinvestments, and IPO subscriptions from April 2026. How will banks manage risk? Which companies qualify? And how will India Inc leverage this new acquisition-finance window?

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News

  • UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules

    The Reserve Bank’s framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.

  • EPFO news: Opportunity to settle EPF damage cases at reduced rates with VISHWAS 2026 - check eligibility

    VISHWAS 2026 is a one-time settlement scheme that lets employers resolve disputes over damages levied for delayed Provident Fund contributions. Several High Courts have directed or encouraged employers to use the scheme to close pending litigation.

  • Income Tax Form 141 covers property sales, rent, contractor payments and more: Details here

    Form 141 is intended to streamline TDS reporting and payment for transactions involving immovable property, rent, payments to contractors or professionals, and transfers of virtual digital assets (VDAs).

  • Husband earning ₹85,000 a month to pay ₹36.25 lakh after divorce: Patna High Court cites ‘reciprocal cruelty’

    A division bench of Justices Rana Vikram Singh and Bibek Chaudhuri passed the order on October 9. Along with upholding the divorce, the court directed the husband to pay his estranged wife ₹36.25 lakh as permanent alimony.

  • How return comparisons can mislead investors: Focused mutual funds hold just 30 stocks but benchmark against Nifty 500

    Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.

  • Dhanteras shopping: A complete guide to buying gold, diamond jewellery safely

    A BIS hallmark provides information about the purity of the gold in a jewellery article. It does not, by itself, certify the quality, authenticity or origin of every diamond or gemstone set in the piece.

  • New Form 141 replaces 4 TDS forms for property buyers, rent payments and VDAs: What changed under Income Tax Act 2025

    The Income-tax Act, 2025, effective April 1, 2026, introduces Form 141 to consolidate four TDS forms. Applicable from Tax Year 2026–27, it covers specified property purchases, rent, contractor and professional payments, and virtual digital asset transfers. Here are the thresholds and filing rules.

  • Senior Citizen FD rates Oct 2026: Earn up to 8.5% interest | Public, private banks and SFB fixed deposit rates compared

    Senior citizens can earn up to 8.5% interest on fixed deposits in October 2026. Small finance banks offer the highest rates, followed by private and public sector banks. Here is a comparison of top FD rates across banks for 1-year, 3-year, and 5-year tenures.

  • Insurance regulation: Reform must strengthen the market, not weaken its foundations

    Proposed changes to insurance commissions could reshape distribution, jobs and access to protection. Reform must be backed by evidence of lower costs and better consumer outcomes.

  • Paid ₹1.15 lakh to move goods to Nagaland, got damaged TV and 23 missing items; what did consumer commission order?

    After her belongings were delayed, damaged and partly lost during a Delhi-to-Nagaland move, Longchar sought compensation. The consumer commission held the movers deficient in service and rejected Urban Company’s claim that it was merely an intermediary.

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