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ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain ahead

ITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Brokerage Motilal Oswal Financial Services remained cautious on the stock, noting that the revised tax…

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OECD predicts India to register 6.3 pc growth in FY27, 6.4 pc in FY28 amid global shocks

As global economic growth slows down amid the West Asia crisis, India is projected to register 6.3 per cent growth in 2026-27 (FY27) and 6.4 per cent in 2027-28 (FY28), the Organisation for Economic Cooperation and Development (OECD) said on…

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Trump’s tariff comeback? The White House finds a new route after court setbacks

The US is reintroducing country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade Act. This move, targeting imports made with forced labor, coincides with ongoing trade talks. While the US cites unfair competition,…

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SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: Report

SBI Chairman CS Setty anticipates the Monetary Policy Committee will pause interest rates this week. This aligns with market expectations as economic growth and inflation dynamics support the decision. While a pause is expected now, some economists foresee rate hikes…

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SEBI clears path for promoter-group cousin to serve as independent director, clarifies LODR eligibility norms

Informal guidance to Maithan Alloys says cousin of promoter-group member is not a ‘relative’ under LODR Regulations; clarification may influence board appointments across listed companies.

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RBI to conduct Rs 50,000 cr 2-day variable rate repo auction on Jun 3

The Reserve Bank of India will conduct a two-day variable rate repo auction worth Rs 50,000 crore on June 3. This move aims to manage liquidity in the banking system. The auction will occur between 9:30 am and 10 am.…

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Think debt mutual fund gains are always taxed as short-term? Not if you bought them before this date
Debt mutual funds invest in fixed-income securities, appealing to conservative savers. Profits from funds purchased after April 1, 2023, are always taxed as short-term capital gains. But the rules change if you bought the units before that date. Check details.
Bank holiday today, October 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
Banks in India are open today, October 13, 2026, as it is the first Saturday. Scheduled closures occur on certain Saturdays and Sundays, limiting in-branch access. 
DA hike 2027: Dearness Allowance may rise to 67% from January | How much more could employees get?
The January 2027 Dearness Allowance (DA) rate is pending confirmation, influenced by upcoming CPI-IW readings. 
Cancellation OTPs, fake offers, and urgent pleas: How scammers are using tactics to defraud people and how to stay safe
From fake promotional offers and cancellation OTPs to urgent calls from strangers, cyber fraudsters are finding new ways to trick even well-educated people. Here’s how scammers exploit fear, stress and urgency, and what you can do to protect yourself from financial fraud.
Buying new car? Your motor insurance dealer may earn up to 38% commission - what IRDAI's proposed fix means
The IRDAI is scrutinising high commissions earned from mandatory motor insurance policies sold through dealers. Here's what the regulator's proposed fix means for dealers and buyers.
Equity mutual funds: September 2026 returns—how did large, mid, small and flexi-cap fare over 3, 5 and 10 years?
September 2026 was a challenging month for equity mutual funds, with all four major categories seeing declines. But a look beyond the monthly numbers reveals a different picture, with notable differences in how large-, mid-, small-, and flexi-cap categories have performed over longer periods.
Switching to an electric vehicle: What you need to know about ev insurance
EVs rely on expensive components such as high-voltage battery packs, electric motors and sophisticated electronic systems. Repairs involving these components may require trained technicians, specialised tools and dedicated facilities, potentially increasing the cost of a claim
All Saturdays declared bank holidays? PIB Fact Check debunks fake notification
The clarification comes shortly after bank unions deferred a three-day nationwide strike that was scheduled to take place from September 28 to 30
Earning in dollars? New FEMA rules from October 1: How freelancers and YouTubers need to file EDF declaration with banks
A new RBI rule from 1 October changes how service exporters receiving overseas payments must report their earnings. Freelancers, creators and other professionals may need to take an additional compliance step through their bank. Here’s what you need to know.
Fuel inflation explained: How changes in petrol, CNG, LPG and PNG prices could affect your household budget
Fuel inflation can affect household budgets differently, depending on the fuel used for cooking and commuting. The latest Finance Ministry report shows how inflation in LPG, PNG, petrol, diesel, and CNG has changed over the last few months. Here’s what the numbers mean for your expenses.