Central government employees await the July 2026 DA/DR hike, with no announcement as of October 16. Past revisions were announced between late September and October, raising hopes for a festive-season decision. However, history offers no guarantee of when the Centre will announce the hike.

The government announced a productivity-linked bonus for postal employees for 2025–26. Details here.

Kolkata’s elaborate Durga Puja pandals draw millions with their artistic grandeur, but massive crowds, narrow passages and inadequate crowd management can turn a cultural spectacle into a public safety risk.

The winners of the 2026 Economics Nobel Prize transformed macroeconomics by showing how individual choices, household expectations and business behaviour shape the economy and influence the effectiveness of government policies

Amit Shah prayed for the peace of the departed souls and extended deepest condolences to the bereaved families.

PM announces assistance from PMNRF after at least 10 people are feared dead in a crowd surge at a north Kolkata Durga Puja pandal

The premium Walkman model sports a rear chasis made of gold-plated oxygen-free copper which provides higher conductivity which facilitates better quality sound.

Hyderabad’s consumer commission directed SBI to pay a retired scientist ₹15.35 lakh after finding deficiency in service over his matured fixed deposit. Details here.

Eyewitnesses recounted scenes of panic as people struggled to move through congested passageways, with several fainting in the crush. The incident took place at the Chor Bagan pandal.

Manufacturing locally is a key part of the company’s strategy to support expansion, stay closer to consumer base and reduce exposure to international freight costs and currency fluctuations

KFC is replacing Pepsi with Coca-Cola across its US restaurants by spring, ending a partnership that dates back to the 1980s.

Musk’s three-year AI-led debt fix faces scrutiny as US borrowings hit $40 trillion, while economists warn productivity gains may fall short of closing the fiscal gap.

On a standalone basis, net profit of the bank increased to ₹1,080 crore in Q2 FY27 from ₹654.47 crore in the year-ago period and ₹1,070.99 crore a quarter ago

Revenue from operations rose 2.23% to Rs 1,142.03 crore in the quarter.

A switch away from furnace oil will help the facility in Chhattisgarh’s Nagarnar reduce emissions and improve process efficiency, product quality as well as long-term cost competitiveness, says the State-owned iron ore producer

HDFC Bank is in the middle of a leadership transition that will see ICICI Group veteran Anup Bagchi taking over as managing director.

Consumers can verify and check the updated drug rates through the NPPA website.

Former West Bengal chief minister Mamata Banerjee said she was deeply shocked about the stampede-like situation at Chorbagan puja pandal."I pray to Maa Durga for the speedy recovery of all those injured and for strength and courage for their families during this difficult time," she said.

PM Modi has announced an ex-gratia of Rs 2 lakh for the kin of deceased. West Bengal CM Suvendu Adhikari has ordered a probe into the incident. Disaster management personnel have been deployed at the site.

Indonesia’s stock market plunged 11.57% after MSCI proposed a downgrade to standalone-market status, raising concerns about FIIs outflows. The sell-off has revived comparisons with markets such as Japan, China and India that endured prolonged recoveries.

Indonesia’s stock market plunged 11.57% after MSCI proposed a downgrade to standalone-market status, raising concerns about FIIs outflows. The sell-off has revived comparisons with markets such as Japan, China and India that endured prolonged recoveries.

HUL has been directed to show cause and submit its response within the stipulated period.

An aircraft inspection and repair following a bird strike on arrival from Dubai pushes the return service to 7 am Sunday, with hotel accommodation being arranged for affected passengers.

Deputy Managing Director Kaizad Bharucha who was on the race to be MD & CEO decides to step down from end of December. 

Barcelona have won all eight of their league matches so far, collecting 24 points to sit at the top of the standings. Real Betis are third with 19 points from eight matches.

India’s economy rebounded from a 5.8% pandemic-era contraction to grow 9.7% in 2021, followed by four consecutive years of expansion above 7%. Economist Kyunghoon Kim says the sustained momentum could extend the country’s historic growth streak.

HDFC Bank flagged a structural shift in household savings that is shrinking CASA deposits across the banking system.

HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Yes Bank, and India Cements and more companies announced their Q2 FY27 earnings today, Oct. 17.

HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Yes Bank, and India Cements and more companies announced their Q2 FY27 earnings today, Oct. 17.

Outgoing CEO Sashidhar Jagdishan said incoming chief Anup Bagchi could consider alternative balance-sheet strategies, including some non-deposit funding, as the bank seeks to increase the share of retail deposits. The lender will still need non-retail liabilities to support demand across its businesses.

Axis Bank is exploring changes to its lending and product mix to improve margins after FCNR-B deposits dragged net interest margins by 11 basis points in Q2 FY27.

Net interest income rises 22% to Rs 1,161 crore, while operating profit climbs 22.3%; provisions fall to Rs 52 crore.

ICICI Bank expects to reverse provisions against its agricultural portfolio over the next two quarters, subject to RBI approval. Management said the bank has completed the necessary review of its agri-portfolio remediation.

Policyholders may claim from both employer-provided and individual health insurance for one hospitalisation. But if you overlook certain terms, it can lead to a rejection. Check details.

Dipke was released on a Rs 50,000 bond a day after his arrest ahead of a protest march against alleged electoral fraud.

HDFC Bank expects margins to improve from the December quarter as repricing of floating-rate loans begins to offset the full-quarter impact of FCNR(B) funding costs.

HDFC’s rose to ₹97,258 crore from ₹91,040 crore a year ago, and the total expenditure surged to ₹7,774 crore from ₹63,117 crore

Central Bank of India reported a 21% rise in September 2026 quarterly net profit to Rs 1,469 crore, supported by 26% net interest income growth and 30% loan expansion. Asset quality improved, with net NPA declining to 0.31%, while operating efficiency strengthened.

Kaizad Bharucha has sought cessation from HDFC Bank with effect from December 31, 2026, ending a tenure that began in October 1995. The Deputy Managing Director has been among the lender’s most experienced senior executives.

Airlines extend cancellations until October 24 amid rising West Asia tensions; affected passengers can opt for free date changes, alternative Gulf routes or full refunds

Kaizad Bharucha has sought cessation from HDFC Bank with effect from December 31, 2026, ending a tenure that began in October 1995. The Deputy Managing Director has been among the lender’s most experienced senior executives.

HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Yes Bank, and India Cements and more companies will announce their Q2 FY27 earnings today, October 17.

Actor Neha Sharma has condemned the misuse of AI to create fake images and videos of celebrities, warning that those responsible could face legal action.

HDFC Bank MD Kaizad Bharucha Requests Cessation Of Services From Dec. 31, 2026

As the financial markets grapple with emerging pressures, substantial investments in artificial intelligence infrastructure are evident. Companies like Oracle and CoreWeave are facing heightened credit risk, indicating struggles with borrowing amidst rising financing costs. Investors need to keep a close eye on credit spreads to gauge the viability of AI project funding.

Find out where to watch Manchester City vs Ipswich Town live in India, along with the predicted lineups and match details.

Brentford will look to continue their unbeaten run in the Premier League, when they face Liverpool at home on Saturday.

The BMC demolished unauthorised portions of an Ajay Devgn-linked Juhu bungalow reportedly leased to a salon company in Mumbai.

Ixigo reported a remarkable turnaround with a consolidated net profit of Rs 63.42 crore for the September quarter, bouncing back from a net loss of Rs 3.46 crore from last year. The surge in hotel bookings played a key role in this financial upswing, leading to operational revenue of Rs 320.96 crore.

The ₹1.25 lakh annual LTCG exemption applies to Indian equity investments, but does it also apply to foreign stocks held by an Indian investor? Check details here.

Corporate actions for the week include dividend, stock split, buyback and bonus issue, featuring ICICI Prudedntial AMC, Tech Mahindra, LTM and Indian Railway Finance Corporation.

Renault’s Duster Strong Hybrid E-Tech 160 combines a 1.8-litre petrol engine, two electric motors and a 1.4kWh battery to deliver 160 PS of system power. The company claims an ARAI-certified fuel efficiency of 29 km per litre.

Parag Parikh Flexi Cap Fund has nearly halved its cash allocation in six months, signalling a shift towards deploying money in select opportunities. With cash levels falling below 10%, the fund’s latest portfolio reveals where it is increasing exposure and how its returns compare with the benchmark.

ICICI Bank Q2 Results: Private lender ICICI Bank reported a net profit of Rs 14,843 crore in the second quarter of financial year 2027, marking 20.1% year-on-year increase from Rs 12,359 crore posted in the same period last year.

IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding this, profit rose 14%. Asset quality improved, deposits grew 17%, advances increased 18%, and net interest margins strengthened sequentially to 4.11%.

HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Yes Bank, and India Cements and more companies will announce their Q2 FY27 earnings today, October 17.

Dussehra 2026 is an opportunity to improve your finances. Discover six bad money habits to give up this festive season, including overspending, delaying investments, ignoring insurance, taking unnecessary loans, risky trading and blindly following social media stock tips.

Net interest income (NII) increased 17.7% to Rs 25,339 crore, above the Bloomberg estimate of Rs 25,165.98 crore.

BharatPe has launched its Tyohar BharatPe Gold Offer for the festive season, giving eligible customers 5% extra digital gold and a chance to win prizes from a ₹20 lakh pool. The campaign runs from 11 October to 10 November 2026 through the BharatPe ecosystem.

Indian equity markets rebounded 2.78%, with the Nifty reclaiming its crucial 200-week moving average. However, weak momentum indicators and overhead resistance warrant caution. Banking, metal, media, pharma and IT stocks show relative strength. Investors should monitor key support levels, prioritise fundamentally strong stocks and maintain disciplined risk management strategies.

The Chennai-based retailer has added 54 Karnataka showrooms through Unilet and is preparing for its first major Dussehra and Diwali festive season in the state

With higher wages eligible for contributions, employees covered under the revised rules are now likely to accumulate a larger corpus over time.

The sports ministry has cleared 168 athletes in a 281-member contingent, with boccia accounting for two athletes, Sachin Chamaria and Anjali Devi.

Net interest income (NII) increased 28.7% to Rs 4,228 crore from Rs 3,285 crore in the year-ago quarter. Provisions stand at Rs 8.55 crore.

Renault India expects hybrid and CNG vehicles to contribute up to 50% of its powertrain mix in 2-3 years. Its new Duster Strong Hybrid claims 29 kmpl mileage, while the company targets 3-5% market share by 2030.

Indian Bank CEO Binod Kumar expects credit costs to remain at 0.2% to 0.23% in the coming quarters and aims to complete Rs 3,500 crore in expected credit loss provisions by March 2027.

Factor-based mutual funds use strategies such as momentum, quality and low volatility to select stocks. We compare the leading schemes by 1-year, 3-year and 5-year returns and examine which strategies top each period.

Central Bank of India reported a 21.1% year-on-year rise in Q2 standalone net profit to Rs 1,469 crore, as net interest income jumped 26% to Rs 4,145 crore.

Despite a nearly 4% decline in the Nifty 50 over three months, several Nifty Smallcap 250 stocks have rallied sharply. Cupid led with 66% gains, followed by Sterlite Technologies and Welspun Corp, highlighting pockets of resilience amid market volatility.

HDFC Bank Q2 Results: India’s largest private lender HDFC Bank on Saturday reported a net profit of Rs 19,509 crore for the second quarter of FY27, marking a 4.6% year-on-year jump from Rs 18,641 crore posted in the same period last year.

HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Yes Bank, and India Cements and more companies will announce their Q2 FY27 earnings today, October 17.

Everton thrashed Chelsea 3-0 in March, their biggest Premier League win over the Blues, and Chelsea are now aiming to avoid back-to-back defeats to them for the first time since 2019.

As the tri-nation series gets underway, Bangladesh will count on Litton Das to lead from the front, while Zimbabwe will look to Brad Evans to strengthen their bowling attack.

Despite a decline in crypto trading activities, there is a rising interest in traditional assets among investors. Open interest in real-world asset contracts has increased to $9 billion, claiming 14% of total volume. The transition marks a significant change in the derivatives markets as crypto inroads are being utilized for traditional trading. This shift indicates a maturation of the digital asset space, making it more accessible to mainstream investors.

Ixigo reported a net profit of Rs 61.3 crore in Q2 FY27, reversing a year-ago loss. Revenue rose 12.9% to Rs 321 crore, while EBITDA turned positive at Rs 18.1 crore.

Burma Burma operator Hunger Pangs has filed its DRHP with SEBI for a Rs 150 crore IPO to fund restaurant expansion. The offering includes a fresh issue and an OFS of 2.79 crore shares. Revenue rose 46.56% in FY26.

SBI has warned about AI voice-cloning scams that can trick people into transferring money or sharing banking details. Learn how to verify callers, protect sensitive information and report cyber fraud through helpline 1930 or cybercrime.gov.in. 

Net interest income (NII) increased to Rs 15,371 crore, against the Bloomberg estimate of Rs 15,259 crore. The bank had reported NII of Rs 13,744.55 crore in the year-ago quarter.

Axis Bank Q2 Results: Private lender Axis Bank on Saturday reported a net profit of Rs 7,003 crore for the second quarter of FY27, marking a jump of 38% from Rs 5,089 crore posted in the corresponding quarter of the previous financial year.

HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Yes Bank, and India Cements and more companies will announce their Q2 FY27 earnings today, October 17.

The Florida-sized glacier currently contributes about 4% of global sea-level rise. Its total collapse would add an estimated 65cm.

SBI Securities’ Sudeep Shah sees scope for Nifty’s recovery if it holds 22,750, with IT, private banks and media leading. He flags key resistance levels, banking earnings, improving FII flows and continued large-cap outperformance, while warning that a durable reversal remains unconfirmed.

Veteran actor Raj Babbar remembered Smita Patil on her 71st birth anniversary with a heartfelt post, reflecting on her talent, their memories and her enduring impact on Indian cinema.

FSSAI has sanctioned prosecution against Priyagold, Dodla Dairy and Ueir Organic Foods over alleged food safety violations. Notices were also issued to three businesses for hygiene, storage, licensing and compliance deficiencies.

PL Capital remains cautious after the Nifty’s eight-week losing streak, warning against expectations of a V-shaped recovery. Despite market uncertainty, the brokerage favours eight small and midcap stocks, including CESC, Amber Enterprises and Healthcare Global, citing potential upside of 13-50%.

A step-up SIP can help investors build a larger corpus by increasing contributions over time. But does investing more mean higher returns? Find a comparison of regular SIPs, fixed ₹1,000 top-ups, and 10% annual top-ups data to understand their impact on wealth creation and XIRR over 5 to 25 years.

Nicholas Sleep’s investment philosophy emphasises independent thinking, patience, and understanding business fundamentals. His successful Nomad Investment Partnership demonstrated the value of identifying high-quality businesses, assessing sustainable competitive advantages, and focusing on long-term value rather than daily price movements. He advocated disciplined research, selective diversification, emotional control, continuous learning, and adapting decisions when circumstances change.

Central government employees and pensioners are awaiting the July 2026 DA and DR revision after the latest Cabinet meeting offered no update. Previous announcements provide a timeline of when the Centre declared the July instalment over the past five years.

EPFO VISHWAS 2026 allows eligible employers to settle pending Section 14B penal damages at concessional rates. Understand why EPF damages are imposed, how the scheme works, and what employers should check before applying.

The Supreme Court declared internet access a fundamental right for all individuals, including children, under Articles 21 and 19(1)(a) of the Constitution.

According to the post, the user currently invests across a range of assets. These include mutual funds, gold, RD and FD. 

The plan comes as the city faces a 10% water cut after deficient rainfall.

Jio Platforms’ Rs 30,200 crore IPO commands a grey market premium of Rs 221, suggesting nearly 20% listing gains. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth, digital expansion and technology strengths, while flagging regulatory, competitive and financial risks.

Brent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened global supply concerns. WTI also surged, recording weekly gains above 10%. Goldman Sachs warned prices could reach $120 if shipping disruptions worsen, while easing tensions could bring crude towards $80.

EPFO has outlined new rules for advances, including withdrawal limits and frequency. Members with at least 12 months of membership may withdraw up to 75% of their EPF balance, including employee and employer contributions with interest. 

FDA has suspended licences of five Reliance, Blinkit and Zomato Hyperpure facilities after an alleged expired-food diversion racket was uncovered in Thane and Pune. Ten people were named in an FIR, with seizures reportedly worth Rs 48.09 lakh.

Abakkus Mutual Fund’s Sanjay Doshi sees opportunities across market capitalisations, despite elevated mid- and smallcap valuations. He urges investors to prioritise sustainable earnings, cash flows and returns on capital, maintain disciplined stock selection and align SIP allocations with long-term goals.

A citizen had been waiting outside the hospital through the night to collect a death certificate.

Nuvama Wealth Management’s Rahul Jain says alternative investments can diversify portfolios through private markets, AIFs, private credit, REITs and InvITs. He recommends evaluating risk before returns and taxes, while considering global equities and liquidity constraints when determining portfolio allocations.

Starlink tagged Reliance Industries’ statement issued, in which the Mukesh Ambani-led company said it welcomed satellite-comm competition — including Starlink — but urged all players to comply with Indian law

Astronomers have identified WD J1330+6435, a white dwarf about 280 light-years away, that could appear chartreuse green. Researchers attribute its unusual colour to atmospheric elements, including sodium, possibly originating from rocky planetary debris.

A ₹9 lakh investment in Post Office MIS earns ₹5,550 monthly at 7.4% interest, compared with an indicative ₹4,875 from a bank FD at 6.5%. Compare monthly income, tenure, other rules and tax implications before investing. Seek professional guidance before investing to ensure a beneficial investment. 

India’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input costs. While Chinese oversupply pressures international prices, robust domestic consumption and capacity utilisation underpin India’s outlook, with cheaper imports remaining a key risk.

State-owned refiners Indian Oil Corp., Bharat Petroleum Corp., Hindustan Petroleum Corp., Numaligarh Refinery Ltd. and Mangalore Refinery and Petrochemicals Ltd. issued a joint tender seeking nearly 11 billion liters of ethanol for the new supply year, citing the new government directions.

Brent crude hit $110 a barrel for the first time since May as prospects for imminent supply relief dwindle. Iran-backed Houthi rebels continue to pummel Saudi Arabia with missile and drone strikes, while Russia and Ukraine exchange tit-for-tat attacks on energy infrastructure.

Reserve drain Forex reserves fall to $726 b on Oct 9 from $785.7 b on Sept 4, with latest reporting week alone showing a depletion of $8.58 b

HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Yes Bank, and India Cements and more companies will announce their Q2 FY27 earnings today, October 17.

The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quarterly results from companies like HCLTech. The Nifty IT index jumped 11.7%, amidst falling semiconductor stock prices in Asia. Furthermore, the rupee showed notable strength, closing below the 95-mark for the first time in 38 days, reflecting the effective measures implemented by the Reserve Bank of India.

Six major banks, including SBI and PNB, have revised their repo-linked lending rates in October 2026. Here are the updated benchmarks, effective dates and what existing and prospective home loan borrowers should know about EMIs and borrowing costs.

Gold prices have held steady this week, though they are set to close lower overall as market participants assess the potential for a Federal Reserve rate hike. Spot gold recorded a modest drop of 0.1%, while futures displayed slight gains amid market hesitance. Discussions among Federal Reserve officials vary regarding the strength of the economy and inflation predictions.

Investor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly results from major players, including Meta Platforms, are being closely monitored by investors. Analysts are watching whether hyperscalers can sustain profitability amid significant capital expenditures on AI infrastructure. The performance of companies such as Tesla and SpaceX will also influence market sentiment.

Iran-backed Houthi rebels continue to pummel Saudi Arabia with missile and drone strikes, while Russia and Ukraine exchange tit-for-tat attacks on energy infrastructure.

US President Donald Trump signed the order using the waiver power written into the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.

The 8th Central Pay Commission is consulting employees, pensioners and other stakeholders before submitting recommendations by May 2027. Groups have proposed higher minimum pay, DA merger or inflation-linked allowances, and revised fitment factors. 

Central government employees and pensioners are awaiting the July 2026 DA hike after the Cabinet made no announcement on 14 October. The next meeting on 21 October could bring an update, but the expected increase remains unconfirmed for now. 

Kanya Pujan, a key ritual of Sharadiya Navratri, honours young girls as forms of Goddess Durga through prayers, traditional food and gifts. Here are the dates, timings and rituals for 2026.

Banks will remain closed in Agartala on October 17 for Maha Saptami. The RBI calendar lists no festival holiday for 33 other banking centres. Check the complete list here.

Check the match time, venue and official streaming options for the Nepal vs Canada fixture.

India Post has announced a 60-day Productivity Linked Bonus for eligible employees for 2025-26. The order covers MTS, Group C, non-gazetted Group B staff, Gramin Dak Sevaks and eligible casual labourers. Check eligibility, salary limits and how the bonus is calculated.

Veteran BJP leader Lal Krishna Advani, aged 98, is hospitalised at Indraprastha Apollo Hospital in Delhi with a chest infection. His condition remains stable under medical supervision.

Besides HDFC Bank, ICICI Bank and Axis Bank, the calendar also features Bajaj Healthcare, Central Bank of India, IDBI Bank, India Cements, ixigo operator LE Travenues Technology, Punjab and Sind Bank, YES Bank, among others.