Business

Indian investors saw their portfolios shrink in the July-September quarter. A market downturn impacted most major investors, leading to substantial mark-to-market losses. Nemish Shah emerged as a notable gainer, increasing his portfolio value significantly. Other investors like Vijay Kedia and Madhusudan Kela reported modest gains. The late Rakesh Jhunjhunwala’s family holdings also saw a decline….

With both sides looking to steady an increasingly unstable world order, India and the European Union are preparing to close a free trade agreement, a defence framework pact and a new strategic agenda when their summit convenes in New Delhi on January 27. Senior diplomatic sources told news agency PTI that the trade pact is…

US stocks opened firmer on Monday as expectations of a December rate cut lifted sentiment at the start of a holiday-shortened trading week. The S&P 500 advanced 0.7 per cent, extending Friday’s rebound, while the Dow Jones Industrial Average gained 138 points and the Nasdaq climbed 1.1 per cent, AP reported.The early uptick came despite…

A steady expansion in retail credit demand is expected to keep non-bank finance companies on an 18 per cent growth path, even as lenders turn more selective amid rising borrower leverage, Crisil Ratings has said. The agency noted that NBFCs are moderating their stance in pockets such as unsecured MSME loans, where repayment stress is…

Flexi-benefit cards relieve employees of the cumbersome practice of collecting paper bills. (AI image) The salary structure plays a decisive role in shaping an individual’s tax outgo. Several allowances are tax-free, and more employers now acknowledge this by letting staff customize their pay packages. Flexi-benefit programmes allow employees to pick and choose components that suit…

India’s stalled effort to negotiate a Free Trade Agreement with Israel has returned to focus after both governments finalised fresh Terms of Reference to restart talks, marking the first concrete movement since discussions drifted in 2014. The trade and economic policy think tank, Global Trade Research Initiative (GTRI) said the renewed push reflects a strategic…

MUMBAI: Lenders shifted toward secured credit and established borrowers in Q2 FY26, reflecting a tactical move toward asset quality and risk control. According to the CRIF High Mark report, banks and NBFCs increased exposure to secured products, reduced lending to new borrowers, and expanded credit selectively to businesses, especially sole proprietors.Gold loans recorded the fastest…

A defining feature of the new framework is the inclusion of gig, platform, and unorganised-sector workers within the social security net. (AI image) By Puneet Gupta India’s labour landscape is undergoing its most significant reform since Independence. The Government has consolidated 29 central labour laws into four comprehensive Labour Codes, the Code on Wages (2019),…

HAL share price today: Hindustan Aeronautics Ltd (HAL) shares dropped on Monday by around 8.5% drop to Rs 4,205.25 (intraday low) on the BSE, following a Tejas fighter aircraft crash during a demonstration at the Dubai Air Show.The Tejas aircraft is produced by HAL under India’s domestic light combat aircraft initiative.Nilesh Jain, Head Vice President,…

Your first SIP is important. Just make sure it doesn’t come before your first four foundations. (AI image) Most investing problems don’t start with the funds you pick; they start with the life problems you ignore.People ask, “Which is the best mutual fund for SIP?” Far fewer ask, “Is my life ready for investing?” As…