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Enough Russian oil available in market for Indian refiners, government source says

Indian refiners have ample Russian oil supply, with availability boosted by attacks on Russian energy facilities. India remains the top buyer of Russian seaborne oil. Concurrently, refiners are eyeing more oil and LPG from the United States, pending the outcome…

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India New Issue-Bangalore International Airport to issue 15-year bonds, bankers say

Bangalore International Airport Ltd (BIAL) will raise 46.38 billion rupees ($522 million) through a second tranche of 15-year bonds, offering an 8.15% monthly coupon. This follows a similar 43.62 billion rupees bond sale in July. The company, which operates India’s…

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Tata Chemicals partners with Monash University Malaysia for gastroenterology research

Tata Chemicals has partnered with Monash University Malaysia to conduct research on gut microbiome and gut health. This collaboration aims to develop therapeutic applications for gastrointestinal health and chronic diseases, particularly benefiting the elderly population by addressing common digestive issues.…

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KEC International bags ₹1,102 crore orders across key sectors

KEC International secured new orders worth ₹1,102 crore across its civil, transportation, transmission and distribution, and cables businesses. These include a 150 MW thermal power plant project, Train Collision Avoidance System contracts for Indian Railways, and supply orders for T&D…

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Ola Electric becomes first Indian EV maker to get nod for rare-earth-free ferrite motor

The ferrite motor offers comparable efficiency, performance, and durability, while significantly reducing costs and mitigating supply chain risks.

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LG Electronics IPO GMP hints at double-digit returns. Should you subscribe?

LG Electronics India’s IPO opens tomorrow, October 7, with strong grey market buzz predicting a 22% listing gain. Priced at Rs 1,080-1,140 per share, the Rs 11,607-crore offering has analysts recommending “Subscribe” due to LG’s market leadership and growth prospects…

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₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules
The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authorities to release admissible claims within two months.
NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief
An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.
Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains
Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.
FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?
When a fixed deposit matures, its payout depends on the depositor’s instructions and the bank’s rules. Here are your options and whether you should renew or not.
Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed
Quant Mutual Fund’s QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Fund’s Apex at 6.78%. QSIF also led over three months and since inception.
Train ticket insurance from October 27: Is it mandatory, what is the current premium, coverage and claim process?
The Supreme Court has directed Indian Railways to provide mandatory travel insurance for all tickets sold at station counters from October 27, 2026. Details here.
Flat sold 10 days after registration: How an allotment letter helped an NRI claim long-term capital gains tax benefits
An ITAT Surat ruling held that an NRI's property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales.
DA hike before Diwali 2026: How much extra salary could central government employees get if DA rises to 63%?
Central government employees could get a festive-season salary boost if the Centre approves a DA hike from 60% to 63%. Here’s how much extra monthly salary and July arrears employees could receive across different basic pay levels, and what remains unconfirmed.
EPFO scheme offers up to ₹15,000 to first-time employees: Check eligibility, salary limit and payment rules
Eligible first-time employees can receive up to ₹15,000 under the EPFO-linked PM-VBRY scheme. Check the salary limit, joining dates, EPF membership rules, six- and 12-month service requirements and the financial literacy course needed for the second instalment.
Failed UPI, ATM or card payment? Here's when you'll get ₹100 per day for a delayed refund — Key RBI rules explained
Failed UPI payments, unsuccessful ATM withdrawals and other payment errors can qualify for ₹100 per day in compensation if refunds exceed RBI's prescribed deadlines. Know the T+1 and T+5 rules, how turnaround time is calculated and what to do if your refund is delayed.