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SBI to hire 3,500 officers in next 5 months to drive business growth

State Bank of India is set to recruit approximately 3,500 officers to strengthen its operations. The bank is also focusing on increasing its women workforce to 30 percent within the next five years. This initiative aims to enhance gender diversity…

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Japan’s Nikkei tops 50,000 mark for first time on stimulus euphoria

Japan’s Nikkei stock index has crossed the 50,000 mark for the first time. This milestone follows a series of record highs. Investors anticipate significant spending from the new prime minister, Sanae Takaichi. The Nikkei 225 saw a substantial rise, while…

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LIC refutes Washington Post report on $3.9 bn Adani investment

Life Insurance Corporation of India (LIC) has vehemently denied a Washington Post report alleging government pressure to invest $3.9 billion in Adani Group companies. LIC stated that no such proposal was ever drafted by officials, calling the report false and…

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India, US ‘very close’ to sealing trade pact: Both sides converge on core issues, legal language being finalised amid tariff uncertainties

The United States and India are nearing the completion of an innovative bilateral trade pact. As both countries engage in constructive dialogues, they’re discovering shared interests. This agreement departs from traditional free trade formats. President Trump recently held a conversation…

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Plagiarism allegations erupt between RBI and SBI economists on LinkedIn

Tensions have surfaced between the Reserve Bank of India and the State Bank of India as an RBI economist claims their research has been lifted in recent SBI reports. The controversy revolves around accusations of plagiarism, particularly in SBI’s Ecowrap,…

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LIC raises stake in Tata Consumer to 8.64%, ups holding in Dabur to 6.98%

Life Insurance Corporation (LIC) increased its holdings in Tata Consumer Products to 8.65% and in Dabur India to 6.99%. The purchases, made between February and October 2025, signal renewed confidence in India’s FMCG sector amid steady consumption trends.

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  • Abakkus Flexi Cap Fund September portfolio: 35 stocks, including Groww and NTPC, see higher holdings

    Abakkus Flexi Cap Fund raised its holdings in Groww, NTPC and HDFC Bank in September, added Zydus Lifesciences and exited Cyient DLM. It also trimmed positions in Divi’s Laboratories and Oracle Financial Services Software.

  • A 30% salary hike or bedtime with his toddler? Parent's career dilemma sparks debate over the real cost of switching job

    A 30% salary hike may look attractive, but tax, commuting and childcare costs can shrink the gain. An illustrative ₹18 lakh salary scenario shows how a ₹5.4 lakh raise could leave just ₹1.74 lakh in extra annual money.

  • Govt issues notification on PM CARES scholarship, spells out rules for children without Aadhaar

    The government has notified Aadhaar verification rules for PM CARES for Children scholarship beneficiaries. Children cannot be denied benefits solely because authentication fails or they lack Aadhaar, subject to prescribed alternative identity-verification procedures.

  • Ray Dalio’s All Weather portfolio vs 60:40 portfolio: Which delivered better returns over 15 years in India?

    Ray Dalio’s All Weather portfolio returned 9.9% annually over 15 years in India, compared with 10.4% for a 60:40 portfolio and 12% for the Nifty 500 TRI. However, it had lower volatility and a smaller peak-to-trough fall, highlighting the trade-off between returns and risk.

  • Missed a gold loan EMI? Know when your pledged jewellery is at risk — Experts explain recovery process and auction rules

    Missed a gold loan EMI? An overdue payment does not automatically mean your pledged jewellery will be auctioned. Understand the RBI framework, how lenders handle defaults, the notice process, and what borrowers can do to reclaim their gold before it is sold.

  • Man earning ₹3,500 a month faced ₹1.46 crore tax demand; how ITAT Mumbai came to his rescue

    ITAT Mumbai quashed a ₹1.46 crore reassessment against a man who said he earned ₹3,500 a month, ruling that the tax department failed to establish valid service of the notice. The tribunal did not decide whether the disputed transactions were genuine.

  • Health insurance claim: 5 things to prepare before hospitalisation to avoid last-minute hassles

    Prepare for a health insurance claim with 5 essential steps before hospitalisation. Check policy documents, identify network hospitals, organise medical records, understand coverage limits and maintain a claims folder to reduce paperwork hassles and better manage potential out-of-pocket expenses.

  • SBI hikes home loan interest rates: Higher EMI or longer tenure? Costs compared for ₹30, ₹50 lakh and ₹1 crore loans

    SBI has raised its benchmark lending rates by 25 bps from 15 October 2026. Find out how the hike could affect EMIs and total interest on ₹30 lakh, ₹50 lakh, ₹80 lakh and ₹1 crore home loans, and how choosing a higher EMI instead of a longer tenure could help reduce borrowing costs.

  • Indian Railways announces 3,548 graduate-level NTPC vacancies: Check eligibility, jobs, salaries and qualifications

    Indian Railways has announced 3,548 graduate-level NTPC vacancies across four categories. Applications are open till 6 November 2026. Selection includes two computer-based tests, document verification and medical examination. 

  • Are Indians investing more, or are asset-rich Indians getting richer? Zerodha's Nithin Kamath sparks debate online

    India's financial assets have grown sharply since 2020, with mutual fund AUM, bank deposits, and equity holdings rising. But does this reflect wider market participation or growing wealth among existing investors? Zerodha's Nithin Kamath raises questions about who benefits.

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