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Oil prices plunge 15% and US stock futures jump as US and Iran agree to 2-week ceasefire

Markets reacted positively as President Donald Trump paused threatened attacks on Iran. Oil prices dropped significantly, while US stock futures surged. Iran agreed to a two-week ceasefire and reopening of the Strait of Hormuz. This de-escalation eased fears of prolonged…

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Iran agrees to Trump's ceasefire proposal; to allow safe passage through Hormuz 'if attacks halted'

Iran offered safe passage through the Strait of Hormuz for two weeks if attacks against it cease, a move framed as conditional de-escalation. This diplomatic opening follows a dramatic shift in Washington’s stance, with President Trump agreeing to a temporary…

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US-Iran ceasefire: Trump orders 2-week truce with Iran, Tehran says war not over

A two-week ceasefire between the US and Iran has been agreed upon. President Trump announced the suspension of attacks after Iran’s 10-point peace plan was accepted. This development follows mediation by Pakistan’s Prime Minister Shehbaz Sharif and Field Marshal Asim…

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Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation

Kreditbee has achieved unicorn status after raising $280 million. This funding round values the digital lending startup at $1.5 billion. The company is preparing for a public listing. It plans to complete its merger and formally begin its initial public…

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Government issues draft norms to standardise state, district GDP estimates

The key focus areas in SDP include identification and integration of new data sources such as administrative records, sector-specific databases and survey inputs to improve coverage and reliability, and refinement of estimation techniques to better capture emerging sectors, particularly services…

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CCI clears Warburg Pincus' stake buy in Fleur Hotels; approves Lemon Tree restructuring

India’s competition regulator has approved Warburg Pincus’ acquisition of a stake in Fleur Hotels, a Lemon Tree Hotels subsidiary. The approval also covers Lemon Tree’s internal restructuring. This move will create two focused platforms for hotel management and ownership. Fleur…

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  • Are you eligible for interest on your ITR refund? Experts explain income tax rules, calculations and key conditions

    Waiting for your ITR refund? A delayed refund does not automatically mean you will receive interest. Here’s when interest may be payable under Section 244A, how it is calculated, and the key conditions taxpayers need to know.

  • Mutual fund SIP returns: India averaged 8.4% over rolling 5-year periods; how did it compare with global markets?

    A global SIP comparison shows how the same monthly investment strategy produced very different outcomes across markets. While the US emerged as the clear leader, India stood out for consistency. The findings highlight why SIP discipline alone cannot determine returns.

  • UPI MDR charges: How does it compare to traditional Debit, Credit Card per transaction? Cost difference explained

    UPI MDR will apply to eligible P2M transactions above ₹2,000 from 15 October 2026. But how does its 0.4% charge compare with typical debit and credit card MDRs? Here’s a look at the transaction costs and how the charges differ across payment modes.

  • NRI tax rules: What happens to losses on foreign shares?

    An NRI asks if a loss on UK stocks can offset gains on Indian shares, while another wants to know if former residents can use FAST-DS to disclose unreported US stocks.

  • The collapse of NFT market: Digital goldmine turns into digital dust; here are the biggest losers

    The NFT market has collapsed, losing up to 99% of its value as excitement waned. Famous purchases by stars like Eminem and Justin Bieber have turned into significant losses.

  • Is the buy-and-hold era over? Key portfolio strategy lessons for investors from Quant Mutual Fund's October factsheet

    Mutual fund investors may need to rethink static portfolio strategies as market volatility, higher rates, and shifting global trends reshape sector leadership. The latest outlook highlights dynamic asset allocation, selective sectors, and the importance of tracking portfolio positioning. 

  • Only 7 actors and cricketers are among the wealthiest in India: Who are they? Hurun Rich List

    The M3M Hurun India Rich List 2026 features seven non-business figures showcasing their wealth accrued from entertainment, endorsements and various ventures.

  • Over 50% rise in wealthy Indians leaving the country; who's the richest NRI? Hurun Rich List 2026

    According to the M3M Hurun India Rich List 2026, 156 wealthy Indians now reside overseas, an increase of 54%. Check who the richest NRI is.

  • Top equity mutual funds in 2026: Which active diversified schemes lead YTD, 3-year and 5-year CAGR return charts?

    Small-cap funds dominate the top-performing active diversified equity mutual fund list in 2026 so far, while mid-cap schemes also feature over longer periods. A comparison of YTD, three-year and five-year returns shows how rankings change across different investment horizons.

  • Richest zodiac signs in India: Do you have the ‘wealthiest sun sign’? Find out | Hurun Rich List 2026

    In the M3M Hurun India Rich List 2026, this zodiac sign leads wealth growth at 30.2%. Do you belong to this sun sign? Find out.

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