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High US tariffs to cut Indian leather industry revenue by 10-12% this fiscal: Crisil Ratings

Indian leather firms face a revenue drop of 10-12 percent this fiscal. The United States imposed steep 50 percent tariffs, significantly impacting exports. This will slash export volumes by 13-14 percent. Higher realisations from finished leather products to the US…

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US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

New US sanctions on Russia’s top oil firms could affect Reliance Industries’ crude imports. State-run refiners may continue buying Russian oil through traders. Reliance, a major buyer, might need to adjust its imports. Other companies like Nayara Energy could also…

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New banking laws for nomination facilities for deposit accounts, lockers to kick in from Nov 1

The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1 this year, the Finance Ministry announced on Thursday.

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Renault to control capex, R&D expenditure in next strategic plan, says CFO

French automaker Renault plans to control its spending on capital and research. Finance chief Duncan Minto stated that these expenses will not exceed eight percent of the company’s revenues. This move aims to protect the break-even point. It will ensure…

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Over 350 distilleries face uncertainty over ethanol allocation under new tender: Industry body

Over 350 distilleries face an uncertain future due to inadequate procurement orders in the latest ethanol tender. Industry bodies criticize the allocation methodology, alleging it favors new entrants over existing units and ignores surplus capacity in neighboring states, potentially jeopardizing…

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Unilever’s India arm posts profit rise on strong beauty products demand

Hindustan Unilever has announced a strong second-quarter profit increase, driven by robust sales in its beauty and well-being segment. The Indian consumer goods giant, known for brands like Dove and Surf Excel, saw its profit climb to 26.9 billion rupees.…

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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.