Banking And Finance

8th Pay Commission: What is gratuity, and how is it calculated based on last drawn salary? Expert explains

The 8th Pay Commission is currently in its consultation stage. The three-member panel headed by Justice Ranjana Prakash Desai concluded its Bengaluru meetings on 8 October and will hold its…

SBI data breach claim: Hackers allegedly access 3.75 lakh accounts

Mumbai: An anonymous hacker group called ‘Siriusim’ has got hold of confidential data of as many as 3.75 lakh customers, account CyberPulse56 said on X. The group alleges that it…

1 Finance gets in-principle SEBI approval for MF Lite: Will investors get more choice in index funds and ETFs?

1 Finance has received in-principle approval from the Securities and Exchange Board of India (SEBI) for an asset management company (AMC) licence under the regulator’s Mutual Funds Lite (MF Lite)…

Central Bank of India reports technical glitch in RTGS outward system

Mumbai: said it detected a technical glitch in its outward payment system between October 15 and October 17, prompting the lender to shut down and isolate the affected systems while…

Market

Top stocks to buy for short term: Just Dial, BSE, Orient Hotels – Target price, stop-loss by Anand Rathi’s expert

Top stocks to buy for short term: Stock market benchmark Nifty 50 ended with a strong loss of 257 points, or 1.11%, at 22,888.95 on Monday, 19 October, snapping its…

Dussehra 2026: Stock market holiday today or not? NSE, BSE to remain open or closed on 20 Oct Tuesday? Exchange calendar

Stock market holiday: The Indian stock market will remain closed today, Tuesday, October 20, in observance of Dussehra. Both the (NSE) and the Bombay Stock Exchange (BSE) have included the…

Jio Platforms IPO draws ₹8,110 crore in anchor investor bids

BlackRock Inc., Fidelity Management & Research, Capital Group and Allianz SE were among the investors taking anchoring stakes in Jio Platforms Ltd.’s $3.2 billion initial public offering, as Reliance Industries…

PhonePe rebrands stock broking platform Share.Market as PhonePe Invest, offers smart tools for investors

PhonePe on Monday, 19 October, announced the evolution of its investing and trading platform Share.Market to PhonePe Invest, bringing it under the PhonePe brand. The transition from Share.Market to PhonePe…

Market

How the Polycab case exposes the misuse of IBC for small dues

Bankruptcy proceedings initiated by vendors and suppliers over unpaid dues from large companies are in focus after the insolvency court admitted a plea against wire and cable maker Polycab India…

California settles 23andMe data breach claims for $6 million

By Dietrich Knauth Oct 19 (Reuters) – California Attorney General Rob Bonta on Monday announced the state will receive a $6 million settlement payment in 23andMe’s bankruptcy, resolving California’s legal…

Why is Amazon threatening to axe 5,000 delivery jobs over Zohran Mamdani’s labour law in New York? What govt can do

Amazon has warned that it could cut more than 5,000 delivery jobs and shut down 15 last-mile facilities across New York City if a proposed labour law backed by Mayor…

Walmart seeks $2.5 billion from US bond sale, weighs first Canadian-dollar offering

Walmart Inc., the world’s largest retailer, is raising at least $2.5 billion through a new US dollar bond offering and exploring its first Canadian-dollar debt sale as it seeks to…
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Axis

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