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Impact of Cheap Steel Imports on India’s Domestic Steel Industry: RBI Insights

India’s steel sector faced significant headwinds in 2023-24 and 2024-25 due to cheap imports and dumping from global producers, impacting domestic production and capacity utilization. The RBI Bulletin highlighted the need for policy support, including safeguard duties, to boost competitiveness…

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AI talent war looms as global tech comes talent fishing here

AI leaders are entering India to tap into its strong tech talent. Their first local hires will come from startups and global capability centres, focusing on roles in engineering, research, sales, and product.

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New funding routes on regional flight map: Budgetary support, other options on cards

The Indian government is exploring new funding mechanisms for its regional air connectivity scheme, UDAN, including direct budgetary support to airlines. This comes as the scheme aims to connect 120 new destinations over the next decade, with existing funding models…

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India’s Snack Market Sees Clash Between Legacy Brands and New Startups This Diwali

India’s Rs 46,571-crore snack market is a fierce battleground this Diwali, pitting legacy giants like Haldiram’s against startups offering ‘clean’ and ‘modern’ indulgences. As the market is projected to more than double by 2033, both traditional and new players are…

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Export tariffs to US may fall to 15-16% under trade deal: Report

Under the deal, India may also agree to gradually cut its imports of Russian crude oil–the key sticky point between the two nations–among other concessions.

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Gold, silver extend losses after gold’s biggest slump in 12 years

Gold and silver experienced significant plunges from record highs, driven by profit-taking and concerns of market bubbles. Asian stocks fluctuated as Wall Street’s rally showed fatigue. Despite recent de-risking, equity exposure remains high, with analysts anticipating healthy pullbacks.

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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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