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SBI Q2 Results Preview: PATmay rise up to 25% YoY; NII, margins, deposit growth in focus

State Bank of India will announce Q2FY27 results on November 3, with brokerages forecasting 11-13% NII growth and up to 25.2% profit growth. Investors will track margins, loan growth, deposits, credit costs and asset quality.

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Avendus appoints Sumit Agarwal as MD and Head of Equity Corporate Finance

Agarwal joins Avendus from Kotak Mahindra Capital, where he was part of the Equity Corporate Finance leadership team. He brings over 18 years of investment banking experience and has led more than 100 equity capital markets transactions.

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Growing share of Indians building wealth beyond traditional salaries: ClearTax report

Increasingly, Indian taxpayers are diversifying their income, reflecting a transition from traditional salaries. Data from ClearTax reveals growth in non-salary income reporting among self-filers in AY 2026-27. Young professionals, particularly those under 25, are filing more complex tax returns and…

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India’s small companies need to see AI as more than an artificial promise

India MSME news: India’s micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity. AI is expected to generate significant economic value for these enterprises in manufacturing and services sectors. Various challenges remain regarding the…

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India's consumption growth may lose steam as household credit, government support reach limits: Axis Bank

India’s consumption growth may face challenges in the coming months as household spending is increasingly supported by government subsidies and rising borrowings, which may not remain sustainable, Tanay Dalal, Senior Vice President, Economic Research at Axis Bank, said in an…

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How are equity investments taxed in India? A guide to capital gains tax

In a bid to invigorate domestic and foreign mutual fund investments, India’s Securities and Exchange Board has put forth recommendations for tax concessions. These proposals are designed to boost post-tax returns, particularly as market performance has been behind that of…

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  • Equity LTCG tax relief buzz: SBI wants level playing field for bank deposits; key points for FD, savings account holders

    Amid the growing debate over LTCG tax relief on equities, SBI Research suggested a level playing field between equity investments and bank deposits. It has proposed tax relief on savings account interest to make bank deposits more attractive to savers.

  • 8th Pay Commission completes 66% of timeline — Employees await recommendations, fitment factor and revised pay structure

    One year since being commissioned, the 8th Pay Commission has completed 66% of its tenure timeline. Its ToR indicates employees and pensioners can await final recommendations, fitment factor and revised pay structure. 

  • Festive shopping on EMIs? Beware the debt trap of stacking them

    Festive deals and small monthly payments make big-ticket purchases easier, but stacking EMIs can strain cash flows, erode savings and hurt future borrowing prospects.

  • Gold, silver prices today, 4 Nov: Check 24K, 22K gold, 999 silver rates in Delhi, Mumbai, Kolkata ahead of Dhanteras

    Gold and silver prices declined in India on 4 November, ahead of Dhanteras and Diwali 2026. Check the latest retail rates of 24K, 22K gold and 999 fine silver across major cities, along with domestic and international market trends.

  • Diwali gift for these railway employees: 30-day non-productivity-linked bonus approved; know eligibility, calculation

    The Ministry of Railways has approved a 30-day non-productivity-linked bonus for FY 2025-26. Here are the eligibility conditions, the calculation formula, the ₹7,000 monthly calculation ceiling and the special provisions for employees across different service categories.

  • DA arrears case: Punjab HC issues contempt notice to chief secretary, orders compliance affidavit in 10 days—Top updates

    The Punjab HC issued a contempt notice to the state Chief Secretary and directed the Chief Secretary to file a compliance affidavit within 10 days regarding the non-compliance with the High Court's earlier order. The next hearing is on 17 November.

  • PFRDA revises MSF naming rules, clarifies how PoPs must display pension fund schemes: Key NPS changes from 1 December

    PFRDA has revised NPS scheme naming rules, removing category codes from MSF scheme names while requiring separate risk-category disclosures. It has also clarified how PoPs must display pension fund schemes during subscriber onboarding. 

  • ₹8.66 crore cash trail found on woman's computer during Income Tax raid: Why ITAT gave her a clean chit

    An Income Tax search uncovered ₹8.66 crore in cash transactions on a woman's computer, triggering a massive tax demand. But ITAT ruled that the expenditure belonged to a real estate company, not the woman, and deleted the tax addition.

  • How to check gold purity at home: 5 simple tests to identify genuine gold jewellery; check BIS hallmark and HUID

    Many consumers may not know how to distinguish genuine gold from jewellery containing a higher proportion of other metals. While professional laboratory testing remains the most reliable way to establish gold purity, certain simple checks at home can help identify possible irregularities

  • PNB and Canara Bank revise FD interest rates in November 2026: How much can general, senior citizens earn now?

    PNB and Canara Bank have revised their fixed deposit interest rates from November 1 and 2, 2026, respectively. The changes affect select tenures and returns for general customers and senior citizens, while Axis Bank has also revised rates on bulk deposits of ₹3 crore and above from November 3.

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