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ET Exclusive: Mehli Mistry approaches Maharashtra Charity Commissioner over Tata Trusts ouster

The Charity Commissioner oversees affairs of public trusts in the state under the Maharashtra Public Trusts Act, 1950. The move comes after Tata Trusts declined to renew Mistry’s term on October 28. In a written representation, Mistry has requested that…

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India plans to triple rare earth magnet incentive outlay to over ₹7,000 crore

This significant increase from a previous plan seeks to secure critical materials for key industries, though challenges like funding and expertise persist. The government is also exploring alternative technologies to further diversify supply chains.

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Anil Ambani’s Reliance in ED storm; more than 40 properties worth ₹3,000 crore attached

Anil Ambani Reliance Goup: The Enforcement Directorate has frozen over 40 properties valued at more than ₹3,000 crore connected to Anil Ambani’s Reliance Group. These attached assets include Anil Ambani’s Pali Hill residence and various properties across major Indian cities.…

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GST revenue momentum: Collections rise 4.6% to Rs 1.96 lakh crore in October; festive demand offsets impact of rate cuts

India’s GST collections reached approximately Rs 1.96 lakh crore in October, a 4.6% year-on-year increase driven by strong festive demand and pent-up consumption. This growth occurred despite recent GST rate cuts, indicating robust consumer spending and effective business adaptation to…

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Mahindra Lifespaces appoints Sriram Kumar as new CFO; Avinash Bapat moves to group Role

Mahindra Lifespace Developers announces a CFO transition as Avinash Bapat moves to a new role within the Mahindra Group, succeeded by Sriram Kumar. This leadership change occurs as the company reports strong H1 FY26 financial results, including a significant profit…

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CII Budget wishlist: Tax reforms must seek to simplify, stabilise & digitise

In a bid to streamline taxation, the Confederation of Indian Industry (CII) has put forth ambitious reforms for the upcoming union budget in India. Their vision is to create a tax framework that is not only straightforward and stable but…

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  • 8th Pay Commission: Will central government employees get arrears from January 2026?

    The 8th Pay Commission has 18 months from its constitution in November 2025 to submit its report. With 1 January 2026 emerging as a possible effective date, here's what previous Pay Commissions reveal about salary revisions, implementation timelines and arrears.

  • 8th pay commission: Constituted in November 2025 — Almost a year later, check key updates so far

    The 8th CPC is consulting employees, pensioners and other stakeholders before submitting recommendations on pay, allowances, benefits and pensions. Its report is due by May 2027. A year since constitution, here are the key updates… 

  • PRIM mutual fund route explained: How the new PMS option works, ₹25 lakh minimum investment and contract renewal rules

    SEBI’s PRIM route lowers the minimum investment for portfolio management services to ₹25 lakh from ₹50 lakh under the conventional PMS route. But renewals are treated as fresh investments, raising questions about investors whose portfolios fall below the threshold. 

  • Gold, silver prices today, 16 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 16 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.

  • DA news: Himachal Pradesh to release dearness allowance installment for Diwali? CM Sukhu says...

    DA news update: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said the state government is considering releasing a Dearness Allowance (DA) instalment on Diwali this year. Here's what we know… 

  • Bandhan AMC’s Suyash Choudhary on RBI rate hikes, bond yields, and debt strategy

    Bandhan AMC’s Suyash Choudhary explains how rising rates affect savers, why investors should keep debt portfolio duration short, and how to balance yield, credit quality and currency risk.

  • Consolidated Account Statement covers stocks, mutual funds and NPS. Could insurance be next?

    SEBI is exploring the inclusion of insurance policy details in the Consolidated Account Statement (CAS), which already covers investments such as mutual funds, equities, debt securities and NPS. 

  • ₹5,000 monthly small-cap SIP for 20 years: How much could your daughter get at 25?

    A ₹5,000 monthly SIP in a small-cap mutual fund could grow significantly over 20 years. Compare illustrative SIP returns of 12% to 18% with bank deposit returns of 6% to 8% and understand the risks of long-term investing. Seek professional guidance before making any investments. 

  • Mutual funds stop bulk subscriptions to gold ETFs: Check what's changed, and what happens to your existing SIPs

    Several large Indian mutual funds, including HDFC, Kotak Mahindra and UTI, halted bulk subscriptions to gold ETFs ahead of the festive season. Here's what changes for investors and what happens to your existing SIPs… 

  • Credit card reward points expiring? Why you should avoid unnecessary spending

    Credit card reward points can help save money during the festive season, but redeeming points that are about to expire should not lead to unnecessary spending. Check expiry dates, compare redemption options and understand restrictions before deciding whether to use your rewards or let them expire.

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