Trump signs order to ease diesel costs, ‘save millions of dollars’ for farmers

US President Donald Trump US President Donald Trump on Monday (local time) signed an executive order aimed to ease the burden of high diesel prices on farmers, truckers and other businesses, as fuel costs continue to put pressure on Republicans ahead of the November midterm elections.Trump announced the move during a campaign stop in Grand … Read more

Bilateral Investment Treaty: Govt likely to sign BIT with Saudi Arabia

NEW DELHI: Government is likely to sign a bilateral investment treaty (BIT) with Saudi Arabia, allowing companies from the Gulf state to initiate international arbitration two years after they exhaust legal remedies in India. This is a concession from the current five-year clause in the model BIT finalised by govt a year ago.The Union cabinet … Read more

Stock Market Today Live Updates: Markets end in green; Sensex gains 473 points, Nifty rises 134 points

The domestic equity market rebounded after the sharp fall in the previous session, with benchmark indices ending higher as softer US jobs data and easing crude prices improved investor sentiment. The Sensex gained 472.77 points, or 0.66 per cent, to finish at 72,382.47, while the Nifty advanced 133.80 points, or 0.60 per cent, to 22,555.75. … Read more

Japan’s Nikkei jumps 2.5% above 70,000 to three-month high as AI stocks rally

Japan’s Nikkei rises to three month-high Japan’s Nikkei got an AI-powered boost on Monday, jumping over 2% to cross 70,000 for the first time in three months. Benchmark index Nikkei climbed 2.53% to 70,037.61 by the midday break, while the broader Topix gained 1.16% to 4,138.57.Chip-related companies emerged as the biggest drivers of Nikkei’s rise. … Read more

Woman declared Rs 67.4 lakh ancestral jewellery in her ITR which led to additions by tax department; ITAT Mumbai deleted it on basis of old records, but rejected her Rs 12 lakh HUF brokerage claim

On the jewellery issue, the ITAT found that the department’s reasoning involved too many assumptions. (Image for representative purpose only) The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has given partial relief to a Mumbai taxpayer who was asked to explain jewellery worth Rs 67.39 lakh disclosed in her income tax return. The tribunal deleted … Read more

Canada ‘looking forward’ to seal trade deal with India as fifth CEPA round begins: What’s on agenda

In​​dia, Canada CEPA fifth round talks today​ India and Canada will return to the negotiating table on Monday, with the fifth round of talks on the proposed Comprehensive Economic Partnership Agreement (CEPA) scheduled in Ottawa from October 5 to 9. Both sides are working towards concluding the trade deal by the end of 2026 as … Read more

Indian workers spend Rs 785 monthly on commute; urban travel cost to office 70% higher: Govt survey

Two-wheelers are the most common primary mode of transport for workers, accounting for 37.1 per cent of rural commutes and 52.3 per cent of urban commutes. I capture a diverse group of commuters walking briskly on a city sidewalk during the morning commute, with a blurred cityscape in the background. Two-wheelers are the most common … Read more

Second Vande Bharat sleeper set to launch this month between Bengaluru and Mumbai; cutting travel time from 24 hours to under 16 hours, 30 year wait for faster connectivity between two cities to end

For more than 30 years, passengers have been seeking faster rail connectivity between Bengaluru and Mumbai. Vande Bharat sleeper: Indian Railways is all set to roll out the second Vande Bharat sleeper train after launching the first pair between Guwahati and Howrah earlier this year.After prolonged delays, the Railway Board is expected to issue the … Read more

PPF at 7.1%, SCSS 8.2%, NSC 7.7%: Check small savings interest rates for October-December 2026 and what investors will earn on Post Office schemes like SSY, time deposits

The Ministry of Finance decides the interest rates for all small savings schemes every quarter. Small savings schemes are still a popular investment option for many despite increasing financial literacy leading to people investing more in equities and mutual funds. This includes popular schemes such as the Public Provident Fund (PPF) and Senior Citizens Savings … Read more

Jio Platforms Ipo: Jio plans to launch IPO on October 21: Listing, face value and key details

India could be headed for its biggest-ever IPO, with Mukesh Ambani’s Jio Platforms preparing to raise around $3.8 billion from the public market. The Reliance Industries digital services arm is expected to open its issue on October 21, with the shares likely to make their market debut on October 28, according to two people familiar … Read more

Man paid Rs 1.73 crore for Gurgaon flat, waited over a decade without possession; builder alleges homebuyer bought it for commercial gain, consumer commission awards refund with 12% interest & Rs 4 lakh

The homebuyer booked a flat in Gurgaon and paid around Rs 1.73 crore for the apartment. (Image for representative purpose only) Buying a home is a dream for many, but if the possession of the flat is delayed then it can turn into a nightmare. In one such case, a homebuyer booked a flat in … Read more

Flight fares soar: Delhi-Hyderabad up 68%, Mumbai-Kolkata 51% as fewer services and higher fuel costs squeeze travellers; IndiGo raises fuel surcharge by up to Rs 350

Airlines have scheduled 5% fewer domestic flights for the October-December quarter. (Image for representative purpose only) If you are planning to travel this festive season, airfares have just got more expensive. In fact, Indians planning to fly home this festive season or take a domestic holiday towards the end of the year may have to … Read more

Wall Street’s $10 billion bet on Indian hospitals becomes a blame game among stakeholders

Wall Street’s $10 billion bet on Indian hospitals becomes a blame game among stakeholders Wall Street is betting big on India’s hospitals. Patients, meanwhile, are facing a healthcare bill that is getting bigger.Over the past five years, global investors like Blackstone, KKR, TPG and General Atlantic have spent about $10 billion buying stakes in Indian … Read more

‘Don’t invest because everyone else is’: Sebi chief at Project Jagrook launch, flags investor frauds

SEBI Chai also said that. “One of our biggest concerns regarding first-time retail investors is the increase in investment frauds.” Rising investment frauds are among the biggest challenges facing the Securities and Exchange Board of India (Sebi) as more retail investors enter the markets, Sebi chairman Tuhin Kanta Pandey said on Monday, while giving some … Read more

Tata Sons chair Chandrasekaran hails India’s strong economy despite ‘difficult world’, lists 3 key areas for Viksit Bharat

Tata Sons chairman N Chandrasekaran Tata Sons chairman N Chandrasekaran on Monday said that India’s economy remains in a strong and stable position despite an uncertain and difficult geopolitical environment.Speaking at the Indian Foundation for Quality Management (IFQM) Symposium 2026, the chairman said that the country has consistently exceeded expectations in recent years by posting … Read more

RBI expected to hike interest rate, but will it be an effective way to contain inflation?

Rate hikes, it turns out, are an unreliable instrument for managing currency pressures rooted in global risk sentiment. By Apoorva Javadekar, Chief Economist at Shriram GroupWhen the RBI’s bulletin, published ten days ahead of its October Monetary Policy meeting, carries a chart titled “Broad-Based Uptick in CPI Headline Inflation”, the direction of travel for interest … Read more

IndiGo hikes fuel charges for all flights: Here’s how much more you will end up paying

Aviation giant IndiGo on Monday announced a hike in fuel charges on both domestic and international flights from Tuesday, as rising aviation turbine fuel (ATF) costs push up the airline’s operating expenses. The revised charges will apply to all new bookings made after 0001 hrs on October 6, 2026.For domestic flights, the fuel charge will … Read more

India-US trade talks hit ‘plateau’: Sitharaman says further give-and-take ‘very, very difficult’

Finance minister Nirmala Sitharaman India and US have reached a “plateau” in negotiations over their bilateral trade agreement, with further concessions from either side likely to be “very very difficult”, finance minister Nirmala Sitharaman said on Monday. Speaking at the Munich Leaders Meeting in New Delhi, she said that while negotiations are still underway, any … Read more

Man sells ancestral agricultural land for Rs 8 crore, buys two properties and claims LTCG exemption; faces Rs 6.36 crore tax additions, why ITAT Chandigarh gave relief under Sections 54B and 54F

The ITAT Chandigarh eventually ruled substantially in the man’s favour on both questions. (Image for representative purpose only) When selling assets and claiming long-term capital gains, it is important to understand if you are eligible and under what conditions can you claim LTCG.A man sold his family’s ancestral agricultural land and claimed long-term capital gains … Read more

Oil prices ease slightly as G7 and Middle East crude supplies set to hit market

Crude prices ease marginally on Monday Oil prices found marginal relief on Monday as concerns over global energy supplies eased with more crude entering the market. Additional shipments from the Middle East, along with the Group of Seven’s decision to release oil from emergency reserves, helped offset concerns over possible further damage to energy infrastructure … Read more

Gst Refunds: EY India chief seeks easier GST refunds, tax credits

NEW DELHI: The GST Council should speed up refunds and address issues around accumulation of input tax credit, including for services and capital goods, while also allowing companies to take credit for expenses related to travel and insurance, EY India chairman & CEO Rajiv Memani said ahead of Wednesday’s meeting.Several of these issues are expected … Read more

Credit offtake stays ahead of banks’ deposit growth

MUMBAI: Advance growth continued to outstrip deposit growth at several banks in the second quarter of FY27, with loan books expanding at a double-digit pace across public sector and mid-sized private lenders despite efforts to accelerate deposit mobilisation.Provisional business updates for Q2FY27 show advances growing between 13% and 29% year-on-year across the banks, with smaller … Read more