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Rate-sensitive stocks fall up to 4% after RBI holds rates, maintains neutral policy stance

Rate-sensitive stocks fell on Wednesday after the RBI kept the repo rate unchanged at 5.5% and maintained its neutral stance, signaling stable growth and easing inflation. The Bank Nifty slipped 0.2%, while the Nifty Realty index dropped 2.3%. Broader financials…

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RBI working group recommends continuation of WACR as operating target of monetary policy

The RBI working group has recommended retaining the weighted average call rate (WACR) as the core operating target of monetary policy, and continuing variable rate repo and reverse repo auctions, Governor Sanjay Malhotra said on Wednesday.

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Kaspersky looks to foray into tier-2 cities for expanding presence in India

Kaspersky is actively scaling up its presence in India and has been hiring people, especially in research, global capability centres and threat intelligence roles.

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Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand

Skyworks forecast fourth-quarter revenue between $1 billion and $1.03 billion, compared with analysts’ estimates of $887.4 million, according to data compiled by LSEG.

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RBI MPC August 2025: From rate pause to consumer centric moves – Key Highlights

The Reserve Bank of India, in its August 2025 policy review, kept the repo rate unchanged at 5.5% and retained a neutral stance, citing the need for continued policy transmission and macroeconomic caution due to tariff uncertainty. Governor Sanjay Malhotra…

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Centre appoints key members to GST Appellate Tribunal; experts urge States to expedite their own selections

With appointments cleared for the Principal and State Benches, focus shifts to pending State nominations to make GSTAT fully operational

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  • Sold property but received money in instalments? ITAT explains when you must pay income tax on capital gains

    ITAT Surat deleted a ₹2.45 crore capital gains addition after a landowner showed that he received only ₹25 lakh in the relevant year, despite ₹2.86 crore appearing in Form 26AS. The tribunal considered subsequent tax returns and co-owners' cases.

  • Exchanging old gold for new jewellery this Diwali? 6 things to check before accepting your jeweller’s valuation | Guide

    Exchanging old gold for new jewellery this Diwali? Check six things before accepting your jeweller’s offer, including gold purity, net weight, market rates, melting deductions, making charges and exchange terms to avoid losing money.

  • Got salary bonus this Diwali? 5 smart ways to strengthen your finances instead of spending it all - Top ideas to follow

    A Diwali salary bonus can do more than fund festive shopping. From strengthening insurance cover and preparing for upcoming expenses to boosting retirement savings and investing in skills, here are five ways to put the extra money to work.

  • Diwali shopping: Should you pay upfront or choose no-cost EMI for expensive purchases? Here’s what buyers must know

    Planning expensive Diwali purchases? Paying upfront could help you secure additional discounts, while no-cost EMI can spread payments. Compare processing fees, GST, cashback and credit card rewards before deciding which option saves you more.

  • Meghalaya HC denies pension to ex-Assam Rifles rifleman, says voluntary discharge leads to forfeiture of past service

    The court clarified that an employee cannot claim pensionary benefits under Rule 49(2) merely because he has completed 10 years of qualifying service if Rule 26(1), which provides for forfeiture of past service upon resignation, applies to his case

  • Looking to invest in international funds? Only one scheme remains open for new investors amid fresh subscription curbs

    Indian investors seeking overseas exposure through mutual funds have limited choices, with only one scheme accepting fresh SIPs. Three other international funds have suspended new investments and paused existing SIP instalments. Here's what investors should know.

  • Air pollution in India: Does health insurance cover pollution-related illnesses? What policyholders should know

    Air pollution can aggravate respiratory illnesses such as asthma and COPD. Health insurance may cover hospitalisation, but policyholders should check pre-existing disease waiting periods, ICU coverage, room rent limits, restoration benefits and OPD add-ons.

  • ITAT Surat ruling: Retired employee wins leave encashment tax dispute over ₹8.02 lakh exemption claim

    The ruling highlights the importance of following due process before the tax authorities modify an already processed income tax return

  • SEBI settlement rules from November 7: Who can apply online, how much to pay and the 90-day deadline explained

    SEBI's new settlement rules came into effect on November 7, 2026. The revised framework changes application fees, minimum settlement amounts and filing deadlines, while introducing fast-track options for eligible cases. Here's what applicants need to know.

  • Got Diwali bonus from your employer? Clear credit card dues or start mutual fund SIP: Which money move is right for you?

    Got a Diwali bonus of ₹10,000? Should you clear credit card dues or start a mutual fund SIP? Compare the interest savings from repaying high-cost debt with the potential returns from investing to understand which money move makes more financial sense.

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