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Mahindra Group weighs major restructuring; may spin off tractors, PVs, & trucks into separate entities

This move aims to unlock business potential, enhance scalability, and allow for more focused strategies, reflecting a growing emphasis on the automotive segment’s stable growth trajectory.

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Bankruptcy court approves KGS Sugar & Infra Corporation’s acquisition by Grainotch Industries

The National Company Law Tribunal has approved Grainotch Industries’ takeover of KGS Sugar Infra Corporation. KGS Sugar faced insolvency with liabilities of Rs 556 crore. Grainotch’s plan includes a Rs 242 crore revival package. This acquisition signals growing investor interest…

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Fintech push: RBI Governor urges startups to serve the unbanked, calls for trust and inclusion

RBI Governor Sanjay Malhotra urged India’s booming fintech sector to prioritize financial inclusion, urging them to build products for the underserved, not just the privileged. He stressed the need for accessible solutions for vulnerable groups and highlighted the sector’s role…

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Draft labour policy released, focus on women, social security

The government has unveiled a draft labour policy aiming to boost women’s workforce participation to 35% by 2030 and establish universal, portable social security. The initiative will integrate various welfare schemes into a single account for easier worker access. Additionally,…

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Bank of India betting on fintech partnerships, GST boost to drive stronger H2 growth: Rajneesh Karnatak

Bank of India is boosting growth in the second half of FY26. The bank is partnering with fintech firms for digital banking and wealth management. New features like face recognition will simplify customer processes. Initiatives to onboard self-help group women…

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RBI ready to do heavy lifting on loan risk weights

The Reserve Bank of India is proposing new rules for bank loans. These changes aim to reward good credit habits. Banks will have lower capital requirements for certain loans. This could lead to more lending. Credit card users who pay…

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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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