Maruti Wagon R
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Top 7 most affordable cars with Head Up Display

Auto April 11, 2025
This is an AI assisted summary.

" Modern cars are equipped with high-tech features like Head-Up Display (HUD), which was first used in military aviation. This feature is now available in affordable cars like Maruti Baleno, Toyota Glanza, and Hyundai Verna, improving safety and situational awareness. Other models like Kia Seltos and Mahindra XUV700 also offer this feature, making driving more convenient and futuristic.

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JIO, RIL, Reliance Jio Infocomm, industry, Ebitda, Reliance Industries
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Jio pivoting from mobile growth to home broadband play: Analysts

Business 3 hr ago
This is an AI assisted summary.

Reliance Jio's Q2 results showed a shift towards home connectivity, with 8.3 million new users and a total of 506 million subscribers. Fixed broadband and 5G net additions were at 2.4 million and 21 million respectively. FWA and FTTH net adds were 2.1 million and 0.9 million, indicating the success of Jio's home broadband expansion.

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Kotak Mahindra Bank Q2FY26: Deposits rise 14.6%, advances grow 15.8% YoY
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Kotak Bank completes due diligence of IDBI 

Business 3 hr ago
This is an AI assisted summary.

Kotak Mahindra Bank has completed due diligence to acquire government's stake in IDBI Bank, potentially valuing it at $8-10 billion. It is a front runner in the race for the bank and the government aims to finalize the winning bidder by the end of FY26. Final financial bids are expected to be invited soon.

RBL Bank, banking, banks, retail loan book, loans, banks,
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RBL in talks to onboard 160 million Zerodha clients

Business 3 hr ago
This is an AI assisted summary.

RBL Bank is considering opening bank accounts for Zerodha's 160 million broking clients, potentially bringing in `40,000 crore in deposits. This move could greatly benefit RBL's retail franchise, improving its cost of funds and liquidity profile. The talks come after Emirates NBD's investment in RBL, positioning it for growth in retail, corporate, and digital banking.

REITs, Blackstone, IPO, Knowledge Realty, mutual funds, Real Estate Investment Trusts
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Blackstone acquires 70% stake in Ace Insurance for Rs 1,700 cr

Business 4 hr ago
This is an AI assisted summary.

Blackstone, a global private equity firm, has purchased a majority stake in Ace Insurance Brokers for Rs 1,700 crore, making it their first investment in India's insurance intermediary market. With this acquisition, Blackstone now holds 70% of the company and plans to increase their investments in India, particularly in infrastructure and logistics.

Inflation Hits 8-Year Low at 1.5%: Pressure Builds on RBI for December Rate Cut to Counter Slowing Growth.
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RBI proposes new infrastructure risk weights for NBFCs

Business 4 hr ago
This is an AI assisted summary.

RBI introduces targeted amendments to its regulation framework for NBFCs, proposing a refined approach to risk weights for infrastructure exposure. Under the new amendment, projects with high-quality infrastructure, satisfactory operations, and robust creditor protections will attract reduced risk weights.

Louvre heist: French detective viral photo
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Louvre crime scene: Who is the ‘French detective’? AP photog shatters viral ideas

Trending News 4 hr ago
This is an AI assisted summary.

Internet enthusiasts are obsessed with a French detective who appeared at the Louvre heist, sparking speculations and discussions on social media. The dapper man, caught in a photo taken by AP photographer Thibault Camus, has become the main character of the scene without even knowing it. While some believed he was AI-generated, it turns out he is a real person.

Reliance Industries to recalibrate Russian oil imports
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RIL will ‘adapt’ operations to meet norms of compliance

Business 4 hr ago
This is an AI assisted summary.

RIL, India's largest buyer of Russian crude, is evaluating the effects of US, UK, and Europe's restrictions on oil imports. The company will adjust its refinery operations to meet these guidelines. Sanctions on Russian state-run oil companies may disrupt its supply, but RIL is dedicated to following regulations and safeguarding India's energy security.

NFO, thematic funds, new fund offers, money, Axis Services Opportunities Fund, Bandhan Multi-Factor Fund, HDFC Innovation Fund
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SBI Credit Card fees revised: New charges to apply from November 1 — full list of changes here
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SBI Card PAT up 10% in Q2, misses estimates

Business 6 hr ago
This is an AI assisted summary.

SBI Cards and Payment Services' net profit increased by 10% in Q3, driven by growth in retail and corporate spending. However, it fell short of market expectations. Online spends saw significant growth, forming 62.5% of total retail spends. The company also added 936,000 new accounts and improved asset quality.

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Indian B-schools see 26% rise in international MBA students

Jobs and Career 6 hr ago
This is an AI assisted summary.

Indian B-schools have experienced a significant increase in international and domestic applications, surpassing the global average. Meanwhile, top GME destinations like the US, Canada, and the UK saw a decline, while Europe saw a rise due to favorable immigration policies and job opportunities.

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Lower US tariffs to offset India’s Russia oil shift, says Nomura 

Policy 6 hr ago
This is an AI assisted summary.

Nomura economists predict that US sanctions on Russian oil will prompt a trade deal and lower tariffs with the US. India's reliance on other countries for oil could raise global prices, resulting in an extra $1.5 billion cost annually. Refiners, such as RIL, are likely to decrease imports from Russia, causing a less than 2% rise in the import bill.

RBI flags dumping of cheap steel from China, Japan, South Korea
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RBI proposes 70% financing for acquisitions 

Business 3 hr ago
This is an AI assisted summary.

RBI has proposed a draft circular allowing banks to finance 70% of acquisition value, with the rest coming from the acquirer. The financing can be given to the acquirer or a step-down SPV, and the acquirer must be a listed firm with a good record. The circular also sets limits for capital market exposure and emphasizes monitoring of fund usage and risk assessment. Effective from April 1, 2026.

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A road trip to the royal past: Spirit of Agra, sophistication of GLC

Auto 6 hr ago
This is an AI assisted summary.

October is the ideal time for a luxurious road trip in North India, with the GLC providing a smooth and comfortable ride. The journey from Delhi to Agra takes only 2.5 hours on the Yamuna Expressway, and the GLC seamlessly switches from highway to city driving. After the trip, relax at the stunning ITC Mughal Agra, inspired by Mughal architecture. The GLC is priced at Rs 73.97 lakh.

ICAI to Ease Advertising and Website Norms for CAs to Create Homegrown 'Big Audit Firms'
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ICAI plans to amend Code of Ethics for chartered accountants

Industry 6 hr ago
This is an AI assisted summary.

ICAI is amending its Code of Ethics to allow more freedom for chartered accountants in terms of advertising and maintaining their own websites. This move aligns with the government's push for homegrown professional service firms and the potential for expansion through free trade agreements.

Meta Announces Layoffs in Risk Division, Citing Shift to Automated, AI-Driven Compliance.
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Trade deal with US seen “very close”

Policy 4 hr ago
This is an AI assisted summary.

India and the US are nearing the completion of a bilateral trade agreement, with most issues resolved and the pact being drafted. Non-tariff barriers have been addressed, indicating a resolution to the main issue of tariffs. However, the announcement may be delayed due to political factors, such as the Bihar elections.

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All your queries related to Income Tax answered here – Details inside

Money 6 hr ago
This is an AI assisted summary.

Section 80C and 24 provide tax breaks for renovation loans, but not for principal repayment. Inherited assets are tax exempt, but capital gains tax applies when sold. Interest on fixed deposits is taxable, but not again at maturity. Capital gains not eligible for tax rebate up to Rs12 lakh.

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Changing jobs? Convert group health cover to individual plan

Money 7 hr ago
This is an AI assisted summary.

Switching from group health insurance to individual cover is wise for those facing career changes or retirement. It ensures continuous coverage, protection against pre-existing diseases, and minimizes coverage gaps. Individuals can increase sum insured, add riders, and transfer benefits from the group policy. Process must start 30 days before expiry, with premiums based on age and health.

China expands Air-defence facility near Pankgong Lake, satellite imagery reveals: Report
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Satellite imagery shows China is expanding air-defence facility near Pankgong Lake: Report

India News 7 hr ago
This is an AI assisted summary.

China is currently constructing a new air-defence complex at Pangong Lake in Tibet, just 110 km from a friction point in the 2020 border clashes. The complex includes missile launch positions, barracks, and radar positions, with a replica located just 65 km from the Line of Actual Control. Experts speculate that this complex could house China's long-range HQ-9 Surface-to-Air Missile systems.

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Explainer: How artificial rain can clean up Delhi’s air

India News 7 hr ago
This is an AI assisted summary.

Delhi government to use cloud seeding as a temporary measure to tackle toxic pollution and improve air quality. AQI at 293 due to Diwali, but effectiveness of cloud seeding uncertain. Stubble burning, vehicle emissions, and construction dust also major contributors to poor air quality.

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Your Money: High-value term insurance works for the wealthy

Money 7 hr ago
This is an AI assisted summary.

Term insurance is essential for HNIs as it guarantees financial security and preserves their lifestyle. ROP option refunds all premiums if no claim is made. Tax-free liquidity and flexible payout structures are available. HNIs should consider a cover of 15 times their annual income, but their intricate finances may require a higher sum assured. Term insurance also aids in estate planning.

NFO, thematic funds, new fund offers, money, Axis Services Opportunities Fund, Bandhan Multi-Factor Fund, HDFC Innovation Fund
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Park surplus funds in NPS Tier 2 for higher returns

Money 8 hr ago
This is an AI assisted summary.

NPS Tier 2 account offers higher returns than fixed deposits with no lock-in period, making it suitable for short- and medium-term needs. It is a voluntary savings account with low fund management charges and flexible asset allocation options.

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Sebi bars MFs from pre-IPO investments

Market 8 hr ago
This is an AI assisted summary.

Sebi has restricted mutual fund houses from investing in pre-IPO placements in order to protect retail investors from potential losses. This decision benefits FPIs, family offices, and AIFs who are involved in pre-IPO investments. Additionally, Sebi is exploring the possibility of a regulated platform for trading unlisted shares.

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Orkla India to raise Rs 1,667 crore in offer for sale; issue opens next week

Business 8 hr ago
This is an AI assisted summary.

Orkla India, famous for MTR and Eastern food brands, is set to raise Rs 1,667 crore through an OFS starting on October 29. The IPO will offer 22.84 million shares at a price range of Rs 695-730 and will close on October 31. The company plans to use the funds for acquisitions, expanding distribution channels, and consolidating manufacturing units.

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Piaggio loses 2nd spot in three-wheeler market

Business 8 hr ago
This is an AI assisted summary.

Piaggio, the Italian 3W leader, has lost its second position in the market due to a drop in sales and market share. This is due to its weak performance in the CNG segment and slow adaptation to the EV shift. Despite entering the EV market early, Piaggio's market share is lower than Mahindra and Bajaj.

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Blackstone to acquire 9.99% stake in Federal Bank

Business 4 hr ago
This is an AI assisted summary.

Blackstone, a global private equity firm, is set to acquire a 9.99% stake in Federal Bank through a preferential allotment of warrants. The deal, worth Rs 6,196 crore, will see Blackstone subscribing to 273 million warrants at Rs 227 per share. The dilution will be staggered, with Blackstone becoming the bankers for all its Indian investments.

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GX Group to invest Rs 3,000 crore to build photonics chip ecosystem

Business 9 hr ago
This is an AI assisted summary.

Netherlands-based broadband company GX Group is investing Rs 3,000 crore in its new subsidiary, GX Quantum Photonics, to develop photonic chips and modules for 5G/6G, AI data centres, EV LiDAR, and quantum communication. Production will begin in FY27 and the venture is supported by Invest International and SMART Photonics BV.

Tejashwi Yadav Claims Nitish Kumar Will Not Be CM After Polls, Vows to Deliver Jobs and Clean Governance. (Image Source: IE)
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Nitish will not be made Bihar CM if NDA voted to power: Tejashwi

India News 9 hr ago
This is an AI assisted summary.

RJD leader Tejashwi Yadav claimed that despite 20 years of NDA rule, Bihar remains a poor state with widespread unemployment, corruption, and crime. He accused CM Nitish Kumar of being controlled by BJP leaders and promised to provide affordable medicines, jobs, and a clean government if voted to power.

FDI surge in India hits Rs 50,000 crore in in recent months, says Piyush Goyal
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Goyal questions discriminatory sanctions on India

Policy 9 hr ago
This is an AI assisted summary.

India questions US exemptions from sanctions on Russian oil companies, while being subjected to additional tariffs. Commerce Minister Piyush Goyal questions why India is being singled out, while Germany and UK have received exemptions for their local subsidiaries.

gold prices today cpi fed rate cut jp morgan forecast 2025
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Share of gold in forex reserves doubles since 2022

Policy 9 hr ago
This is an AI assisted summary.

India's gold share in foreign exchange reserves has doubled to 13.6% due to record-high global prices and geopolitical uncertainty. Conversely, the share of foreign currency assets has dropped to 83.1%, the lowest ever. Despite a dip in August, India's forex reserves have reached $702 billion in October, close to the all-time high of $705 billion in September 2020.

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Govt targets raising female share in labour force to 35% by 2030

Policy 9 hr ago
This is an AI assisted summary.

The government aims to increase the female labour force participation rate (F-LFPR) to 35% by 2030, which currently stands at 26.2%. In the draft National Labour & Employment Policy, the government has proposed measures to enhance F-LFPR, such as safer workplaces and equal pay.

franklin templeton mutual fund report 2025 sectoral thematic inflows
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Diwali 2025: Sales Hit Record ₹6.05 Lakh Cr, Driven by GST Cuts and 'Swadeshi' Demand, Says FM Sitharaman.
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Don’t give comfort to dishonest taxpayers: FM

Policy 10 hr ago
This is an AI assisted summary.

Finance Minister Nirmala Sitharaman stressed the need to ease the tax burden on honest taxpayers and take strict action against those who evade taxes. She also praised India's successful festive retail sales and encouraged the use of technology for faster registration and grievance redressal.

India's forex reserves increased by USD 4.496 billion to $702.28 billion
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Dr Reddy’s Laboratories reported a 6.36 per cent YoY profit growth in the second quarter
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Dr Reddy’s Q2 FY26 profit rises 6% YoY to Rs 1,426 crore; revenue up 9%

Business 10 hr ago
This is an AI assisted summary.

Dr Reddy's Laboratories, a leading pharmaceutical company, saw a 6.36% increase in YoY profit and an 8.9% growth in revenue in the second quarter of FY2025-26. The company's net profit stood at Rs 1,426 crore, up from Rs 1,341 crore in the previous fiscal year. However, there was a decline in EBITDA and gross margin. While the company's Europe business saw a significant growth, its North

Stranger Things Season 5
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Stranger Things Season 5 finale to hit the theatres on THIS date

Life 10 hr ago
This is an AI assisted summary.

"Stranger Things fans can rejoice as the highly anticipated finale episode of the iconic series will be released in theatres and on Netflix simultaneously. The show, which has gained immense popularity since its debut in 2016, will have its final episode released in three parts, with the last one premiering on New Year's Eve.

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Sushant Singh Rajput’s family challenges CBI report, claims key evidence withheld

Life 10 hr ago
This is an AI assisted summary.

Sushant Singh Rajput's family challenges the CBI closure report of his death, claiming crucial evidence was withheld and the report is incomplete. This hinders their ability to file protest petitions and for the magistrate to continue proceedings. Despite the CBI giving a clean chit to all accused, the family remains unsatisfied.

Reliance rushes battery imports from China before new export curbs take effect
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RIL rushes to ship battery components from China ahead of export curbs: Report

Business 10 hr ago
This is an AI assisted summary.

Reliance Industries is sending a team to China to expedite the transfer of battery components before new export restrictions are implemented on October 8. This is crucial for their mega solar power project, as Chinese battery makers dominate the global market and concerns about dependence on Beijing have been raised.

Crompton wins Rs 445 crore NREDCAP solar rooftop tender
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Crompton bags Rs 445 crore NREDCAP tender to solarise 40,000 homes in Andhra Pradesh

Business 10 hr ago
This is an AI assisted summary.

Crompton Greaves Consumer Electricals (CGCEL) has received a tender worth Rs 445.03 crore from NREDCAP to provide solar rooftop systems under PM-Surya Ghar Muft Bijli Yojna. The project, which involves solarizing over 40,000 households in Andhra Pradesh, is expected to be completed in six months. The company will also be responsible for design, engineering, and maintenance for five years.

Sachin-Sanghvi
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Sachin Sanghvi, Thamma and Stree 2 music composer, arrested on sexual assault charges

Life 11 hr ago
This is an AI assisted summary.

Bollywood singer-composer Sachin Sanghvi, part of the Sachin-Jigar music composer duo, was arrested for sexually assaulting a woman he promised a chance in a music album and marriage. The woman was approached via Instagram and allegedly assaulted on multiple occasions at his studio. Sanghvi's lawyer denies the allegations and plans to defend them.

Coforge Q2 results: Net profit jumps 86% YoY
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Coforge Q2 net profit surges 86% YoY, announces Rs 4 interim dividend

Business 11 hr ago
This is an AI assisted summary.

Coforge, an IT firm, announced a net profit of Rs 375.8 crore in Q2FY26, an 85.95% increase from the previous year. Revenue also saw a 31.37% increase. The company declared a second interim dividend of Rs 4 per share for FY 2025-26. Coforge signed deals worth $514 million in Q2. The company's attrition rate stood at 11.4%.

SBI Life Insurance reported a 7 per cent fall in second-quarter profit.
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SBI Life Insurance Q2 profit falls 7% to Rs 495 crore on higher costs

Business 11 hr ago
This is an AI assisted summary.

SBI Life Insurance's second-quarter profit fell by 7%, impacted by higher operating expenses and commissions paid to boost sales in a competitive market. Despite strong insurance demand in India, rising costs and increased competition have affected the company's net profit, which decreased to Rs 495 crore from Rs 529 crore a year earlier. However, net premium income saw a 22.6% increase

Rs 6.05 lakh crore festive sales post-GST reforms: FM Sitharaman
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FM says ‘Rs 6.05 lakh crore festive sales; simplified GST registration from Nov 1’: Report

Policy 12 hr ago
This is an AI assisted summary.

FM Nirmala Sitharaman praises Rs 6.05 lakh crore festival sales, credits new GST reforms. Simplified GST registration process to start from November 1, aimed at simplifying business operations and promoting transparency. Emphasizes on polite and empathetic attitude towards taxpayers, accountability within CBIC, and use of technology to reduce compliance burden.

2 suspected ISIS operatives plotting attack in Delhi mall, public park arrested / Representative Photo
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Delhi police foils terror attack in capital, arrests two suspected ISIS terrorists

India News 12 hr ago
This is an AI assisted summary.

Delhi Police arrests two suspected ISIS operatives planning a terror strike in Delhi during Diwali. The suspects, both named Adnan, had taken a vow of allegiance for ISIS and had conducted a recce of high-footfall areas in the national capital. Incriminating material, including a video and photos, were recovered from their possession.

ITC Hotels reported a 0.31 per cent YoY profit decline in the second quarter of fiscal year 2025-26
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ITC Hotels Q2 FY26 profit dips marginally by 0.3% YoY to Rs 133 crore

Business 12 hr ago
This is an AI assisted summary.

ITC Hotels experienced a slight decline in profit of 0.31% in the second quarter of fiscal year 2025-26. The company's consolidated net profit was Rs 133.29 crore, compared to Rs 133.71 crore in the same quarter last year. However, there was a 2.8% revenue growth, with consolidated revenue of Rs 832 crore. Sudhir Gupta has been promoted to Vice President of Procurement.

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The power of SIPs: Turning small savings into a big retirement corpus

Money 12 hr ago
This is an AI assisted summary.

Rakesh, a salaried professional, realized the importance of retirement planning at 35 and set a target of ₹75 lakh by 50. With a systematic investment plan and the power of compounding, even an average salaried individual can achieve this goal. Choosing the right equity fund is crucial for consistent returns. Financial freedom by 50 is achievable with a modest salary.

international students in Canada
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International student arrivals in Canada drop 60% in August: IRCC

World News 13 hr ago
This is an AI assisted summary.

In 2025, Canada experienced a 60% decrease in international student arrivals. This decline is also reflected in the rejection of 80% of study permit applications from Indian students in Q2. The government's efforts to decrease the overall population have also led to a decrease in the number of temporary foreign workers.

Kurnool bus fire: Survivors recalled the terrifying moments when the Kaveri Travels bus caught fire, saying the main exit was jammed and they were forced to break windows to get out.
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Tilak Varma
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