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India says IPO approvals valid for longer amid Middle East war

India’s markets regulator has provided a special extension for public offers. This move comes as companies deferred their share issuance plans due to the ongoing Middle East war and market volatility. The extension is valid until September 30. Companies will…

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Rs 61,000 crore FII sell-off hits bank stocks. Cheap enough for you to buy now?

The massive selloff represented more than half of the total Rs 1.18 lakh crore that FIIs withdrew from Indian equities last month, according to NSDL data, making banks and financials the hardest-hit segment in a brutal market rout.

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From $300 to $8,500 freight: West Asia war squeezes UP MSMEs, delays stretch to 60 days

At the core of the disruption is a sharp spike in input costs, particularly for sectors dependent on petroleum-based materials. Puran Dawar, Northern Regional Chairman of the Council for Leather Exports and President of the Agra Footwear Manufacturers and Exporters…

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Iran halts two Qatar LNG tankers it previously cleared to transit Strait of Hormuz, source says

Iran’s Revolutionary Guards stopped two Qatar LNG tankers on Monday. The vessels were en route to the Strait of Hormuz. This occurred despite an agreement for their passage brokered by Pakistan. The tankers were positioned off the UAE coast. This…

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India's FY27 GDP growth forecast downgraded to 6.8-6.9% amid energy supply disruptions: Report

ICICI Bank has lowered India’s GDP growth forecast for fiscal year 2027. The new projection stands at 6.8 to 6.9 percent, down from the earlier 7.2 percent estimate. This adjustment reflects disruptions in energy supply and manufacturing momentum. Global oil…

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SC refuses to interfere with order allowing Adani to acquire JAL, asks NCLAT to decide expeditiously

The Supreme Court has not halted Adani Group’s bid for Jaiprakash Associates Ltd. The NCLAT’s decision stands. However, JAL’s monitoring committee cannot make major policy decisions without NCLAT approval. Vedanta and Adani Enterprises will present their arguments before the NCLAT…

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News

  • The economics of group health distribution

    Irdai’s proposed distribution reforms need to account for the economics of group health insurance, where commissions are already low and intermediaries provide significant services to employers and employees.

  • 8th Pay Commission: How fitment factor could change Level 6, 7 and 8 basic pay

    8th Pay Commission resumes consultations in Bengaluru on 7 October. Here is what different fitment factors could mean for Level 6, 7 and 8 basic pay, amid employee union demands for higher salaries.

  • Sweat and savings: how to plan for Hyrox's associated expenses without going into debt

    While competing in Hyrox offers a unique experience, the associated expenses require clear financial guardrails.

  • Booked a rental car online? These hidden charges and damage fees can increase your final bill, expert explains

    A rental car’s advertised price may not be the final bill. Here are the charges and damage-liability terms customers should check before booking a self-drive car.

  • Gold and silver price today, Oct 6: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities

    Gold and silver prices today, 6 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.

  • Tax department rejected ₹37.82 lakh deduction, but ITAT cancelled the 200% penalty: What the ruling means

    A Bangalore ITAT ruling has deleted a ₹23.31 lakh penalty imposed on a cooperative housing society that claimed a ₹37.82 lakh deduction under section 80P. The tribunal said a fully disclosed, bona fide claim on a debatable tax issue does not amount to misreporting.

  • Starting your first job at 21? Here’s how to start building your credit score without taking unnecessary financial risk

    Starting a credit journey at 21 does not mean taking on unnecessary debt. A secured or entry-level credit card, disciplined spending, timely full repayments and controlled credit utilisation can help young borrowers build a strong credit history.

  • 8th Pay Commission: Salary, pension, fitment factor — What employee unions want ahead of Bengaluru meeting

    8th Pay Commission: Bengaluru meeting will hear stakeholder views on salaries, fitment factors, allowances and pensions. IRTSA has sought higher minimum pay and fitment factors, while RSCWS has called for stronger basic pay and better retirement security, with similar demands expected to be tabled. 

  • Lower premiums, higher out-of-pocket expenses: Experts decode proposed 10% health insurance co-pay rule

    Health insurers may introduce a 10% co-payment on claims from January 2027, capped at ₹5 lakh per claim. While this could lower premiums, policyholders may face higher upfront costs during hospitalization. Here’s how the proposal could work and what consumers should check.

  • ITR filed in July, but refund still not received? Expert explains key reasons for the delay and what taxpayers can do

    Filed your ITR in July or August but still waiting for your refund? Delays can happen for several reasons, from mismatches in tax details to processing issues. Here’s what taxpayers should check on the e-filing portal and when they may need to take further action.

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