Tuesday, October 28, 2025

Business

RBI returns Jana Small Finance Bank’s application for universal bank licence

MUMBAI: Jana Small Finance Bank (SFB) on Tuesday said that the Reserve Bank of India (RBI) has returned its application to transition into a universal bank, citing non-fulfilment of the required eligibility criteria.

Attacks on Adani Group coordinated effort to undermine India’s growth: Lawyer

NEW DELHI: Supreme Court advocate Ishkaran Singh Bhandari has said that recent reports by foreign media targeting the Adani Group are part of a larger, coordinated effort to undermine India’s economic growth and private industrial progress.

Sensex, Nifty open higher amid mixed global cues

MUMBAI: Indian stock markets started Tuesday’s session on a positive note, even as most Asian markets traded flat.

Electronics manufacturing growth will generate thousands of new jobs: Minister

NEW DELHI: Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, on Tuesday said that with electronics component manufacturing taking roots in India, the growth of electronics will generate thousands of new jobs.

How to select the right mutual fund based on risk appetite

Mutual funds offer a convenient way for Indian investors to grow their wealth without managing individual securities. However, selecting the right mutual fund requires an understanding of one's risk appetite. Risk appetite varies from person to person, and choosing mutual funds aligned with your risk tolerance can maximise returns while minimising discomfort during market fluctuations.

Utilise an FD interest calculator to create a passive income strategy

Fixed deposits (FDs) continue to be one of the most preferred investment avenues for Indian investors seeking stable, risk-free returns. To build a robust passive income strategy, it is essential to understand the potential earnings from your FD investments.

Sensex, Nifty end higher as US-China deal hopes boost sentiment

MUMBAI: Indian stock markets started the week on a positive note on Monday, recovering after a brief pause in the previous session.

Mumbai-based Vinyl Chemicals’ Q2 net profit falls 44 pc

MUMBAI: Vinyl Chemicals (India) Limited on Monday reported a sharp fall of 43.86 per cent in its profit for the second quarter of FY2026 (Q2 FY26).

S. Korean banks likely to tighten lending criteria in Q4: Report

SEOUL: Banks in South Korea are expected to tighten lending standards in the fourth quarter, particularly for household loans, as authorities have tightened loan restrictions to clamp down on the overheated housing market, a central bank survey showed on Monday.

Gold prices fall as US-China trade deal nears; silver extends losses

MUMBAI: Gold prices declined on Monday after posting their first weekly loss since mid-August, as hopes of a trade deal between the United States and China reduced demand for safe-haven assets.

Path to Viksit Bharat will be built across our villages: FM Sitharaman

NEW DELHI: The path to Viksit Bharat will be built not merely in cities or industrial hubs but across our villages, Finance Minister Nirmala Sitharaman said on Monday.

Indian markets open higher on positive US-China trade talks

MUMBAI: Indian stock markets opened on a positive note on Monday, supported by progress in trade talks between the United States and China.

Daily foreign exchange in S. Korea turnover hits fresh high in Q3: BOK

SEOUL: Daily foreign exchange (FX) trading by banks in South Korea hit an all-time high in the third quarter, driven by increased spot transactions, central bank data showed on Monday.

India aims for 350 airports by 2047: Civil Aviation Minister

NEW DELHI: Civil Aviation Minister K Rammohan Naidu, after inaugurating the renovated Terminal 2 at Delhi’s Indira Gandhi International Airport (IGIA) here on Saturday, said that the government aims to have 350 airports by 2047.

RBI proposes to allow banks to finance corporate acquisitions with stricter safeguards

MUMBAI: The Reserve Bank of India (RBI) has proposed to permit banks to extend loans to Indian companies for acquiring full or controlling stakes in domestic or overseas firms as part of strategic investments aimed at creating long-term value.

Gold records first weekly loss after nine-week surge

NEW DELHI: Gold ended a nine-week winning streak this week, with a sharp correction as the market reassessed a rally that had pushed prices into overbought territory.

Holiday-truncated week sees festive-driven optimism, all eyes on India-US trade deal

MUMBAI: The holiday-truncated week saw festive-driven optimism and upbeat consumer sentiment as it welcomed the Samvat 2082. However, the momentum gradually lost its steam, as geopolitical tensions and profit-taking weighed on investors' confidence.

India to engage constructively with UN to advance voice of Global South: Minister

NEW DELHI: India will continue to engage constructively with the United Nations (UN) to advance peace, sustainable development and the voice of the Global South, according to Union Minister Manohar Lal.

From print to pixels: how video and digital platforms redefine modern journalism

Once upon a time, the sound of the printing press was the heartbeat of journalism. Newsrooms smelled of ink, and headlines traveled from paper to reader by hand. Fast forward to the present — a different rhythm dominates. Screens flicker, notifications ping, and journalism has transformed into a digital-first world. This shift is not just about changing tools; it’s about rethinking how stories are told, shared, and experienced.

BSE warns investors against fake social media accounts using its officials’ photos

MUMBAI: The Bombay Stock Exchange (BSE) on Friday warned investors about miscreants using BSE's officials' photos to create fake social media IDs to spread misleading wealth advisory.

How Online Platforms Are Breaking Down the Barriers to Trading

A Look to the Future: Can Trading Become an Alternative to a Traditional Career?

Can You Get a Home Loan Without a Guarantor? Explained

Getting a home loan can feel like a tremendous milestone — one that brings you one step nearer to your very own dream house. But borrowers worry about getting a home loan with no guarantor. The good news is, yes, it can be done. A guarantor plays a big role in favouring your application, but sometimes it's not strictly necessary. Let's find out how one can get a home loan without a guarantor, what determinants decide home loan eligibility, and how banks and financial institutions like Grihum Housing Finance streamline the process and make it easier.

Govt allots another 3 coal blocks for mining to successful bidders

NEW DELHI: The Ministry of Coal has handed over another three coal blocks to successful bidders, under the commercial auction route, for which the Coal Mine Development and Production Agreements were signed on August 21 this year, according to an official statement issued on Friday.

Karnataka: KSDL hands over Rs 135 crore dividend to govt

BENGALURU: The public sector enterprise Karnataka Soaps and Detergents Limited on Friday handed over Rs 135 crore to the State Government as dividend from its profits for the financial year 2024–25.

GST rate cuts boost festive sales, reflect positive market sentiment: FM Sitharaman

NEW DELHI: India’s festive retail sales have reached an all-time high this year, highlighting the impact of recent economic policies, including GST rate rationalisation, Union Finance Minister Nirmala Sitharaman said on Friday.

'Made monumental contribution to the world of advertising': PM Modi on Piyush Pandey's demise

NEW DELHI: Prime Minister Narendra Modi on Friday expressed grief over the demise of advertising legend Piysuh Pandey, remembering his contribution to the world of communication.

Federal Bank board approves 9.99 pc stake sale to Blackstone for Rs 6,196.5 crore

MUMBAI: Federal Bank on Friday announced that its Board has approved the sale of a 9.99 per cent stake to an affiliate of US-based private equity firm Blackstone.

Gold, silver prices drop ahead of key US inflation data

MUMBAI: Gold prices fell on Friday morning on the Multi Commodity Exchange (MCX), as investors awaited key US inflation data due later in the day.

Piyush Goyal invites CEOs and industry leaders in Berlin to join India’s growth story

NEW DELHI: Commerce and Industry Minister Piyush Goyal met several top CEOs and industry leaders during his Berlin visit, exchanging views on fostering greater innovation and collaboration in fields like automotive, semiconductor, renewable energy and infrastructure.

Sensex, Nifty extend winning streak for 6th day, led by IT stocks

MUMBAI: Equity benchmark indices continued their upward momentum for the sixth consecutive session on Thursday, supported mainly by strong buying in IT stocks.

SBI General Insurance’s GWP grows 10.7 pc in H1 FY26

NEW DELHI: General insurance company SBI General Insurance on Thursday announced a 10.7 per cent increase in its gross written premium to Rs 7,376 crore for H1 FY26, surpassing the industry growth rate of 7.3 per cent.

China Eastern Airlines resuming direct Delhi-Shanghai flights from Nov 9

NEW DELHI: China Eastern Airlines on Thursday announced the resumption of flights on its India route, and the direct flights between Shanghai and Delhi will start from November 9, in fresh momentum for people-to-people exchanges and economic and trade collaboration between New Delhi and Beijing.

Timeless Trends: Why Heels Will Never Be Out of Fashion

There is just something so attractive about the perfect pair of heels. From elegant stilettos to timeless pumps and style-led block-heeled shoes, here are the timeless go-tos that have helped women strut their stuff through the decades. They are not just a type of shoe, but a statement. They have the magical ability to instantly create an outfit, enhance our posture, and dress up or down depending on the look.

Proud to see SBI receiving global recognition as it advances India's growth story: Piyush Goyal

NEW DELHI: State Bank of India (SBI), the largest public sector lender in the country, on Thursday said it has received two prestigious awards -- World’s Best Consumer Bank 2025 and Best Bank in India 2025 -- from New York-based Global Finance, a feat hailed by Commerce and Industry Minister Piyush Goyal.

New banking laws for nomination facilities for deposit accounts, lockers to kick in from Nov 1

NEW DELHI: The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1 this year, the Finance Ministry announced on Thursday.

Indian investors earn up to 72 pc returns from global mutual funds

NEW DELHI: Indian investors who explored opportunities beyond domestic equities have seen impressive gains over the past year, with several international mutual funds and fund-of-funds (FoFs) delivering returns as high as 72 per cent.

Gold shines on MCX amid hopes of India–US trade deal; Rupee opens stronger

MUMBAI: Gold prices rose on the Multi Commodity Exchange (MCX) on Thursday morning amid reports that India and the United States may soon sign a trade deal.

Sensex surges 700 points, Nifty reclaims 26,000 as IT stocks lead market rally

MUMBAI: The Indian stock markets opened on a strong note on Thursday, even as global cues remained mixed.

Senior Citizen Health Insurance Scheme India

What happens when a single hospitalisation for pacemaker replacement costs exhaust years of savings of a retired person? Or, how do retired seniors manage medical expenses if a health emergency demands lakhs? As our parents grow older, it brings health complications and financial anxiety.

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