Business

MUMBAI: IRDAI has operationalised the Supreme Court’s directive to restructure motor insurance into four distinct sections, separating mandatory third-party liability and owner-driver personal accident cover from optional occupant liability, additional personal accident and own-damage covers. The new framework, which comes into force on Dec 15, 2026, seeks to make customers aware of what they are…

The increase in import duty has changed the cost dynamics of gold supply in India. (Image for representative purpose only) India, the world’s second-largest gold market, is seeing a significant change in the way gold enters the country. The increase in import duty from 6% to 15% has made official imports more expensive, prompting a…

Both Democrats and Republicans have increasingly backed economic nationalism. (Image for representative purpose only) What does Democrats’ win in US midterm elections mean for India-US trade deal prospects? Will Donald Trump be forced to change his strategy?The unfavourable midterm election outcome is unlikely to prompt President Donald Trump to change course on trade, according to…

Gold is likely to trade in a $3,860-4,100 range this week, which is roughly Rs 1,36,500-1,45,500 on MCX. Gold price prediction today: Gold prices may trade sideways with some support from festive season buying, though the demand remains weak, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Here’s…

Experts believe that a strong win by Democrats would be a short-term positive for Indian stock markets. (Image for representative purpose only) Investors are closely watching the US midterm elections for indications of whether the outcome could help reduce geopolitical uncertainty worldwide, an important factor shaping the outlook for equity markets.The polls decide which party…

The US dollar fell sharply against major currencies on Wednesday as early results from the US midterm elections showed Democrats making strong gains in their bid to wrest control of Congress from President Donald Trump’s Republicans. Investors sold stocks, moved away from the dollar and sought the safety of US Treasuries. The euro rose 0.5%…

Top stocks to buy today on November 3, 2026 Stock market recommendations: Godrej Properties, Bajaj Auto, and Tata Power – Mehul Kothari, DVP of Technical Research at Anand Rathi Shares has picked these as the top stocks to buy today on November 3, 2026. Below are the details:Godrej Properties – Buy: Rs 1,670–1,650 | Stop…

NEW DELHI: Ahead of the pre-budget consultation with revenue secretary Arvind Shrivastava on Wednesday, industry bodies were working out their final wish list on long-term capital gains tax (LTCG) – the most-discussed budgetary proposal this year.Executives at industry associations said that there were competing views from members and tax experts and a final call on…

MUMBAI: State Bank of India’s Q2FY27 net profit rose 14.3% to Rs 23,038 crore, driven by a 14.7% increase in net interest income to Rs 49,143 crore and lower loan loss provisions. Net interest margin improved to 3.1% from just over 3% a year ago, while loan loss provisions fell 33% to Rs 2,759 crore…

MUMBAI: N Chandrasekaran, who became chair of Iveco following Tata Motors‘ biggest acquisition, said the combined ₹21 billion commercial vehicle group expects volumes, revenues and margins to grow over the next five years, as both companies explore opportunities to expand in each other’s markets, including manufacturing Iveco products in India.Speaking in Turin, Chandrasekaran said the…