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Market News

Location American Market News for 7 November 2026
Sold property but received money in instalments? ITAT explains when you must pay income tax on capital gains ITAT Surat deleted a ₹2.45 crore capital gains addition after a landowner showed that he received only ₹25 lakh in the relevant year, despite ₹2.86 crore appearing in Form 26AS. The tribunal considered subsequent t...
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Exchanging old gold for new jewellery this Diwali? 6 things to check before accepting your jewellers valuation | Guide Exchanging old gold for new jewellery this Diwali? Check six things before accepting your jewellers offer, including gold purity, net weight, market rates, melting deductions, making charges and exchange terms to avoid l...
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Got salary bonus this Diwali? 5 smart ways to strengthen your finances instead of spending it all - Top ideas to follow A Diwali salary bonus can do more than fund festive shopping. From strengthening insurance cover and preparing for upcoming expenses to boosting retirement savings and investing in skills, here are five ways to put the e...
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Meghalaya HC denies pension to ex-Assam Rifles rifleman, says voluntary discharge leads to forfeiture of past service The court clarified that an employee cannot claim pensionary benefits under Rule 49(2) merely because he has completed 10 years of qualifying service if Rule 26(1), which provides for forfeiture of past service upon resi...
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Looking to invest in international funds? Only one scheme remains open for new investors amid fresh subscription curbs Indian investors seeking overseas exposure through mutual funds have limited choices, with only one scheme accepting fresh SIPs. Three other international funds have suspended new investments and paused existing SIP inst...
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Air pollution in India: Does health insurance cover pollution-related illnesses? What policyholders should know Air pollution can aggravate respiratory illnesses such as asthma and COPD. Health insurance may cover hospitalisation, but policyholders should check pre-existing disease waiting periods, ICU coverage, room rent limits, ...
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The Shadowy Crypto Services Helping the Binance Hackers Launder Stolen Billions Some crypto developers say they cant stop North Korean hackers from laundering stolen funds through their platforms, frustrating law enforcement.
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ITAT Surat ruling: Retired employee wins leave encashment tax dispute over ₹8.02 lakh exemption claim The ruling highlights the importance of following due process before the tax authorities modify an already processed income tax return
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SEBI settlement rules from November 7: Who can apply online, how much to pay and the 90-day deadline explained SEBI's new settlement rules came into effect on November 7, 2026. The revised framework changes application fees, minimum settlement amounts and filing deadlines, while introducing fast-track options for eligible cas...
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Berkshire Hathaways Quarterly Profit Falls After Investment Gains Shrink The conglomerate posted a 28% decline in quarterly net income after investment gains slumped and the conglomerates insurance operations reported lower profits.
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Just ₹50 daily SIP in mutual funds: Build over ₹20 lakh in 25 years; how small savings grow your money over 5 to 25 yrs A daily SIP of just ₹50 can help build a corpus of over ₹20 lakh in 25 years, assuming 10% annual returns. But how much can your money grow in 5, 10 or 15 years? Here's how investment duration and compounding can...
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Supreme Court ruling on pension: Why former Short Service Commission officers pro-rata pension plea was rejected The Supreme Court has dismissed a curative petition seeking a pro rata pension for former Short Service Commission Officers (SSCOs). Here's what the October 2026 ruling means for Army veterans, pension eligibility an...
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Interesting survey! Women taking charge of household finances, Gen Z saving for a home, Gen X is focused on retirement India Saves 2026 report shows that women are taking charge of household finances, Gen Z is saving for a home, while Gen X is focused on retirement. Here's a look at the habits, goals and choices across demographics&n...
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Gold-backed agriculture loans: RBI proposes changes to priority sector lending rules; what could change for borrowers The RBI has proposed tighter checks for banks classifying gold-backed agricultural loans as priority sector lending (PSL). It has also proposed changes to the treatment of bills discounted under letters of credit, which ...
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Can defence employees claim pension for past service after voluntary resignation? What court order says The Meghalaya High Court ruled that an Assam Rifles rifleman who voluntarily sought discharge after 13 years of service was not entitled to a pension. It however, directed authorities to release ₹5,656 to his IRLA acco...
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Set to watch Ramayana movie on Diwali weekend? Check BookMyShow movie ticket offers on credit, debit cards, pay later Moviegoers watching the Ramayana movie this Diwali weekend can save on BookMyShow ticket bookings through eligible bank credit and debit cards. Offers include buy-one-get-one-free deals and instant discounts.
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Buyers allege NBCC selectively cancelled bids for 49 flats in premium Sarojini Nagar project - Here's what we know Buyers have reportedly approached the Delhi High Court over NBCCs cancellation of bidding for 49 flats at its Avenue Towers project in Sarojini Nagar. They allege the cancellations were selective and question the auction...
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Buying gold or silver Lakshmi-Ganesha idols for Diwali puja 2026? BIS hallmark rules; key checks to make before paying Buying gold or silver Lakshmi-Ganesha idols for Diwali puja? Know whether these idols fall under mandatory BIS hallmarking rules, how to verify HUID through the BIS Care app, and what to check about purity, weight, workm...
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Gold loan rules 2026: What RBI changed on loan eligibility, valuation, repayment, and auction of pledged gold jewellery RBI's new gold loan rules introduce higher loan-to-value limits for small borrowers, transparent gold valuation and stronger auction safeguards. Understand the revised repayment conditions, jewellery return deadlines...
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Pay Commission: Bengal's 7th panel to cover non-teaching staff of state-aided universities, education boards-All we know Pay Commission: West Bengal's 7th panel will cover non-teaching staff of state-aided universities and education boards and examine their existing pay structure and service conditions. Here's all we know 
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Grandmother's ₹24.06 lakh gift: How land records and affidavit helped taxpayer win ITAT income tax case ruling in Jaipur The Jaipur ITAT deleted a ₹24.06 lakh unexplained income addition after accepting a gift from the taxpayer's grandmother. Find out why land records, loan repayment evidence and an affidavit helped establish the sou...
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Gold ETF folios surge 164% in 3 years, outpacing equity mutual funds: Study warns against FOMO-driven gold investments Gold ETF folios surged 164% in three years, outpacing large-cap mutual funds. A recent study flags investor FOMO amid the gold rally and cautions against deviating from the recommended 5-10% gold allocation in portfolios...
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