Market News
Gold Falls as Markets Focus on U.S. Data
Wall Street Journal - 13 Oct 2026 01:19
Gold fell in early Asian trade. Investors are mainly in a wait-and-see mode ahead of major U.S. bank earnings and inflation data this week, said Zaner Metals.
Oil Futures Decline on Possible Technical Correction
Wall Street Journal - 13 Oct 2026 00:47
Oil futures declined on a possible technical correction after solid gains overnight.
PPF account declared irregular after 12 years: What happens to your interest? High Court ruling explained
livemint.com - 13 Oct 2026 22:25
The Karnataka High Court ruled that postal authorities could not deny PPF interest after allowing an irregular HUF account to operate for 12 years. The decision highlights the authorities' responsibility for irregula...
Buying property in a relatives name? Key benami law and tax risks to know
livemint.com - 13 Oct 2026 21:10
Buying property in a spouses, childs or parents name can invite benami law and tax scrutiny if ownership and funding arrangements do not meet legal requirements. Know the statutory exemptions, potential penalties and doc...
Financial Services Roundup: Market Talk
Wall Street Journal - 13 Oct 2026 20:57Rising Interest Rates Threaten to Spoil the Party for Big Banks
Wall Street Journal - 13 Oct 2026 20:42Have a ₹50 lakh home loan? Check how much your EMI could rise after the RBI rate hike
livemint.com - 13 Oct 2026 20:16
The RBI's 25-basis-point repo rate hike could increase the EMI on a ₹50 lakh home loan by ₹852- ₹867 a month over 30 years, or ₹759 over 20 years under a separate interest-rate assumption. Borrowers with larg...
Bank Earnings Look Strong, But Markets Shrug
Wall Street Journal - 13 Oct 2026 20:15Jeevan Pramaan: How pensioners aged 80 and above can submit life certificate online
livemint.com - 13 Oct 2026 20:06
Pensioners aged 80 and above can submit their Jeevan Pramaan Digital Life Certificate from October 1, while others can do so from November 1 to 30. Heres how to generate a life certificate using Aadhaar-based face authen...
UK Pension Income: how is it taxed for NRIs in India?
livemint.com - 13 Oct 2026 18:16
A returning NRIs UK workplace pension is tax-free in India while they qualify as RNOR, but becomes taxable as salary income once they become ROR, even if it remains in a UK bank account.
Investing for the next 10 years? Experts explain how much to put in equity mutual funds, gold, debt and global stocks
livemint.com - 13 Oct 2026 18:15
Investors building a mutual fund portfolio for a 10-year goal should balance large-cap stability with mid- and small-cap growth, while diversifying across debt, gold and international equities. Experts explain how valuat...
Rising Interest Rates Threaten to Spoil the Party for Big Banks
Wall Street Journal - 13 Oct 2026 17:51BMW owner wins 14-year battle: Insurer told to pay ₹70 lakh after car gutted in fire
livemint.com - 13 Oct 2026 17:32
A consumer commission has directed United India Insurance Company to pay ₹70 lakh to a BMW owner whose car was gutted in a fire after a tyre puncture left him stranded on a Maharashtra highway.
Why LTCG tax is back in focus: What the 12.5% rate and ₹1.25 lakh exemption mean for investors
livemint.com - 13 Oct 2026 17:12
LTCG tax is back in focus after SBI Research proposed scrapping the tax on equity investments. Here are the latest LTCG tax rates, the ₹1.25 lakh exemption on eligible equity gains, property taxation rules and what inv...
Received money to vacate your flat for redevelopment? ITAT clarifies when the compensation may be tax-free
livemint.com - 13 Oct 2026 16:39
Mumbai ITAT has ruled that ₹82 lakh received by a flat owner as hardship compensation under a redevelopment agreement was not taxable as income. The ruling offers guidance to homeowners receiving compensation from buil...
SBI Research urges govt to scrap LTCG tax on equities to attract foreign investors
livemint.com - 13 Oct 2026 16:15
SBI Research has urged the government to scrap long-term capital gains (LTCG) tax on equities and extend holding periods to two or three years to attract foreign investment. The proposals come amid heavy FPI outflows and...
Sold TDRs for ₹6.02 crore? ITAT clarifies capital gains tax rules for landowners
livemint.com - 13 Oct 2026 15:45
The ITAT has ruled that the sale of Transferable Development Rights (TDRs) for ₹6.02 crore attracts capital gains tax after the land was surrendered for road widening. However, eligible land costs and deductions must b...
Festive sales 2026: decoding discounts and behavioural nudges behind e-commerce deals
livemint.com - 13 Oct 2026 15:11
E-commerce giants use psychological tricks like countdown timers, artificial price inflations, and easy financing to drive impulse buys during festival sales. Experts warn consumers to track price histories and look out ...
LTCG tax removal on the table? FM Sitharaman says Budget consultations will hear investors views
livemint.com - 13 Oct 2026 15:10
Will LTCG tax be scrapped? Union Finance Minister Sitharaman signals openness to debate as SBI Research urges tax relief to attract foreign investors.
One PAN, ₹50,000-cr transactions and 25000 properties under IT scanner: What happened at Gurugrams Badshahpur tehsil?
livemint.com - 13 Oct 2026 15:09
The Income Tax dept is scrutinising records at the Badshahpur tehsil office in Gurugram after it found the same PAN was used for 25,000 property registrations, worth transactions of ₹55,000-crore.
UPI MDR fee: Why did the govt decide to implement charges after Diwali 2026?
livemint.com - 13 Oct 2026 14:42
UPI MDR fee update: NPCI has deferred the implementation of Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) UPI transactions until after Diwali 2026. The exact date is yet to be announced. The def...
Retired early? EPFO explains how long members continue earning interest, how to recover inoperative account
livemint.com - 13 Oct 2026 14:36
An EPF account may become inoperative after three consecutive years without contributions following retirement or age 55, whichever is later, or after moving abroad. Here's how you can recover your account or corpus&...