Oil prices fall $1 after touching three week high amid Middle East tensions

Crude prices steady after touching three week high Oil prices fell by more than $1 in early trade on Thursday as investors weighed threats to shipping through the Strait of Hormuz against the possibility of the US easing sanctions on oil-carrying vessels.Brent crude dropped 1.30% to $104.70, shedding $1.38, while West Texas Intermediate (WTI) fell … Read more

Top stocks to buy today: Stock recommendations for October 15, 2026 – check list

Top stocks to buy today on October 15, 2026 Top stock market recommendations: Lemon Tree Hotels, Greenply Industries, and Fine Organic Industries – Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth has picked these as the top stocks to buy today on October 15, 2026. Technical views on Nifty and Bank … Read more

Watsa’s Prem-ium play in finance sector

NEW DELHI: Hyderabad-born Prem Watsa, chairman of Fairfax Financial Holdings, with assets of around $100 billion, has always been upbeat on India and its growth prospects.The Hyderabad Public School alumnus went to IIT Madras before pursuing an MBA in Canada, despite clearing the IIM entrance test.Watsa, now 75, was once apprehended by the police while … Read more

India remains top Russian crude buyer in September despite 29% fall in imports since July

Russia is expanding its energy partnership with India across oil, gas and nuclear power projects. NEW DELHI: India remained the world’s largest destination for Russian crude oil in September, although imports fell nearly 29 per cent from July levels as Chinese refiners stepped up purchases and tightened the availability of Russian supplies, according to ship-tracking … Read more

‘Not benefiting anyone’: Traders urge Rahul to rethink SIR protests amid festive season, cite business losses

Trade bodies say road blockades and disruptions are keeping customers away and hurting sales during the crucial Dussehra-Diwali and wedding season. NEW DELHI: Traders’ associations have urged Congress leader Rahul Gandhi to reconsider the ongoing protests against the Special Intensive Revision (SIR) of electoral rolls and issues concerning Chief Election Commissioner Gyanesh Kumar, alleging that … Read more

US stocks fall as inflation accelerates; S&P 500 drops 1.1%, Nasdaq slides 1.6%

Investors also weighed the risks and potential returns of heavy investment in artificial intelligence infrastructure. Wall Street stocks fell on Wednesday as hotter-than-expected US inflation data pushed Treasury yields higher, adding to concerns about borrowing costs even as major banks assessed the opportunities and risks associated with the artificial intelligence (AI) investment boom.The S&P 500 … Read more

He inherited land from mother, redeveloped home & received Rs 75 lakh from builder; taxman denied capital gains exemption, but ITAT Delhi gives relief, ruling multiple floors can qualify as one house

Under the 2018 redevelopment agreement, the man received Rs 75 lakh and declared the capital gains arising from the transaction. (Image for representative purpose only) You give your house for redevelopment to a builder and get money from the builder and some floors. You claim long-term capital gains exemption, but the tax department sends you … Read more

India Wholesale Price Index: India’s WPI inflation surges to record high of 11.39% in September on higher food, fuel prices

Wholesale inflation rises to 11.39% in September as food, fuel costs climb (representative image) India’s wholesale price index (WPI)-based inflation surged to a series-high of 11.39% in September, up from 9.92% in August, driven by rising prices of food, manufactured items, and fuel and power, government data showed on Wednesday.Inflation in the food index rose … Read more

Canada’s Fairfax to buy 60.2% stake in IDBI Bank for Rs 53,000 crore; largest FDI in an Indian bank

Fairfax, led by Canadian billionaire Prem Watsa, will pay Rs 81 per share for IDBI Bank. Canada-based Fairfax Financial Holdings is set to acquire a 60.72 per cent stake in IDBI Bank for approximately Rs 53,000 crore ($5.5 billion). The transaction would rank as the largest foreign investment in an Indian bank. It marks a … Read more

RBI’s new CAS move explained: Track FDs in multiple banks, shares & MFs in one place and why it matters

 CAS is a single statement that brings together an investor’s transactions and holdings. (Image for representative purpose only) You invest in mutual funds, shares, ETFs, and even fixed deposits. But tracking your investments and keeping abreast with what money lies where can be a tricky and sometimes cumbersome task.This is where the Reserve Bank of … Read more

India-China Relations: India working to rebuild ties with China, but future remains uncertain: Piyush Goyal

File photo: Union commerce minister Piyush Goyal Union commerce and industry minister Piyush Goyal on Wednesday said India was working to rebuild its relations with China, while stressing that the future of the engagement remained open.He also said India was willing to enter into joint ventures with any country, provided it received a fair deal … Read more

78-day bonus for railway staff: Cabinet clears Rs 2,010 crore payout for 11.4 lakh employees

The maximum payout will be Rs 17,951 per eligible employee, with payments covering non-gazetted staff across several categories. NEW DELHI: The Union Cabinet has approved a Productivity Linked Bonus (PLB) of 78 days’ wages worth Rs 2,009.61 crore for around 11.41 lakh eligible railway employees, recognising the Railways’ performance in 2025-26.The maximum bonus payable to … Read more

In 2019, first Vande Bharat Express was rolled out from ICF; in 2026 RCF and MCF also manufacture semi-high speed train sets, with RCF-made Vande Bharat tested successfully at 180 kmph

The fully air-conditioned train set has brought several technological advances to passenger services. Vande Bharat Express trains had till the start of this year been manufactured only at the Integral Coach Factory (ICF) in Chennai. However, in 2026 the other two Indian Railways’ coach factories – Rail Coach factory (RCF) Kapurthala and Modern Coach Factory … Read more

‘Making progress’: Taiwan on Alaska LNG deal after Trump says it will buy 30% of output

Taiwan advances Alaska LNG deal. Taiwan said on Wednesday it was making progress in negotiations to buy liquefied natural gas (LNG) from Alaska and planned to invest up to $4.4 billion in the project. The announcement came after US President Donald Trump said Taiwan had agreed to buy 30% of the proposed project’s output.Taiwan’s economy … Read more

Rupee up 49 paise, RBI governor says curbs to halt speculation

MUMBAI: The rupee rose 49 paise to close at 95.28 per dollar on Tuesday from 95.77 in the previous session, outperforming Asian currencies after RBI introduced measures to curb dollar demand and speculative positions. The measures have widened bid-ask spreads in the forwards market and shifted some activity to the non-deliverable forward market.Meanwhile, RBI governor … Read more

Gold price prediction today: Will gold trade cautiously? Check October 14, 2026 outlook

A soft CPI or a dovish tone from Warsh could take gold towards $4,220-4,310. Gold price prediction today: Gold prices are likely to trade cautiously with no clear catalyst for a big rise, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is her outlook:Gold has had a … Read more

Man jointly bought Rs 80 lakh property with father and wife but didn’t file ITR; taxman added Rs 55.2 lakh as unexplained money, but ITAT grants relief after proof of family contributions

The bench examined the additional evidence submitted by the man, including banking records and documents. (Image for representative purpose only) A man bought a residential property along with his wife and father. However, he did not file his income tax return for the year.The tax department opened his case for reassessment and adding Rs 55.2 … Read more

Stock Market Today Live Updates: BSE Sensex off to choppy start, Nifty50 slips below 22,700

Indian shares are set for a muted opening on Wednesday after rallying in the previous session, as rising oil prices and sustained foreign fund outflows weighed on investor sentiment amid the ongoing corporate earnings season. GIFT Nifty futures stood at 22,764 at 7:50 am IST, signalling a muted start for the Nifty 50, which closed … Read more