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Joint statement on India–US trade deal due in 4-5 days: Trade minister

India and the United States are set to release a joint statement on their proposed trade agreement in the coming days. The first part of this deal is nearly complete. Discussions between New Delhi and Washington are moving forward steadily.…

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AI job fears trigger IT selloff; Unmesh Sharma sees opportunity for Indian IT, not doom

Indian technology stocks experienced a sharp decline following AI breakthroughs. However, an expert highlights that India’s strength lies in AI implementation rather than core innovation. Electronics manufacturing services are identified as a multi-year growth sector. Investors are advised to navigate…

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Arbitrary macro assumptions weak LGD and ignored EAD can materially distort ECL for banks and NBFCs: NFRA

India’s banking and non banking finance sector has come under sharp regulatory scrutiny after the apex audit watchdog warned that flawed expected credit loss models could be materially distorting balance sheets. Flagging weak assumptions, ignored risk drivers and modelling shortcuts,…

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Marico to acquire majority stake in protein supplement brand Cosmix valuing it at Rs 375 crore

Marico will acquire a 60% stake in plant-based nutrition brand Cosmix, valuing the startup at Rs 375 crore. Founded in 2019, Cosmix is bootstrapped, Ebitda positive, and targets to clock Rs 100 crore revenue in FY26. The deal will strengthen…

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India must boost capital markets so Indians grow with economy: Larry Fink, chief executive, BlackRock

BlackRock CEO Larry Fink urges India to prioritize domestic capital markets over foreign inflows for sustained economic participation. He highlights India’s advanced financial infrastructure, from digital payments to asset tokenization, as a strong foundation for growth. Fink also downplayed AI…

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From feature to foe: Anthropic move is a trailer of AI-pocalypse

Anthropic’s Claude Cowork agent, now equipped with task-automating plugins, has triggered a “SaaSpocalypse” fear in tech stocks. This move transforms AI from a helpful feature into a direct competitor, capable of executing tasks autonomously and potentially replacing IT services and…

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  • Expecting to receive festive bonus 2026? Where to invest for better returns — mutual funds, gold or FDs? Experts suggest

    Expecting to receive a festive bonus this Diwali 2026? With mixed returns across mutual funds and gold, and bank FDs offering predictable interest, where should you put your extra money? Experts explain what to consider based on your financial goals and risk appetite.

  • GPF interest rate: Finance Ministry leaves 7.1% unchanged for Oct-Dec 2026 quarter—what govt employees should know

    The Finance Ministry has announced the General Provident Fund (GPF) interest rate for the October-December 2026 quarter. What does the latest notification mean for eligible government employees, and what should subscribers know about their retirement savings?

  • RBI rate hike impact: Shriram Finance increases FD rates up to 7.85% effective October 11 — check revised structure

    Revised rates to take effect from October 11; 24–35 months and 15 months digital fixed deposits to earn 7.5%.

  • LIC vs private life insurers: Who saw faster premium growth in September 2026? What policy buyers should know

    LIC outpaced private insurers in individual life insurance premium growth in September 2026, but private players grew faster in total new business premiums. HDFC Life and ICICI Prudential Life stood out. What do these trends mean for policy buyers?

  • CBDT amends Income Tax Form 161 on 8 October: What changes for taxpayers seeking penalty waiver? Expert explains

    The CBDT has revised Income Tax Form 161 through a notification dated 8 October. The amendment updates the rules governing applications for penalty waiver. What does the revised form mean for taxpayers, and what conditions should they meet?

  • Nithin Kamath says Zerodha’s youngest client is just 28 days old: What to know about investing for kids

    Zerodha’s youngest customer is just 28 days old; Parents make the first investment within a week of signing up.

  • UPI MDR: Will ordinary consumers be charged for making online payments to friends, family, or personal contacts?

    As public confusion mounted over potential fees on general consumer shopping and peer-to-peer transfers, the government issued key clarifications regarding the framework of the UPI Merchant Discount Rate.

  • GST cancellation rules FAQs: Application process, approval and changes recommended at 57th Council meeting

    The 57th GST Council has recommended changes to simplify GST registration cancellation, including automatic processing of applications and system-based cancellation for certain defaults. What do business owners need to know about the application process and other key deadlines? 

  • Small-cap mutual fund category gains 10% in 2026; mid-cap in red: Which schemes lead across YTD, 3- and 5-year returns?

    The small-cap mutual fund category has outperformed the mid-cap category in 2026 so far, but does the trend hold over longer periods? While category averages reveal a changing picture across three- and five-year horizons, individual schemes show a wide divergence in performance.

  • 'Educated, capable of earning': Allahabad HC rejects maintenance plea of wife who left husband without reason

    The high court has said Section 125 CrPC aims to prevent destitution. It upholds the Family Court’s finding that the wife left the matrimonial home without sufficient reason.

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