NSE IPO: Shareholders still retain significant stake despite tendering shares in offer-for-sale

NSE IPO: Shareholders still retain significant stake despite tendering shares in offer-for-sale

Despite participating in the share sale, several of the larger institutional investors have made only limited reductions to their holdings. NSE IPO: Most existing shareholders of the National Stock Exchange of India (NSE) have continued to hold a substantial part of their stakes even after selling shares through the offer-for-sale (OFS) portion of the exchange’s…

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Gold Price Outlook: Gold price outlook: Prices could remain range-bound despite strong gains; here's why

Gold Price Outlook: Gold price outlook: Prices could remain range-bound despite strong gains; here’s why

Gold is likely to remain volatile and range-bound in the coming week as traders track movements in the US dollar and bond yields, developments in the the Middle East conflict and the direction of crude oil prices.According to analysts, after a week dominated by monetary policy and geopolitical developments, investors are expected to turn their…

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Veteran banker Uday Kotak warns India’s gold imports could rise to $88-90 billion; says ‘Indians and their gold - that is a puzzle we have to find a way to solve’

Veteran banker Uday Kotak warns India’s gold imports could rise to $88-90 billion; says ‘Indians and their gold – that is a puzzle we have to find a way to solve’

Uday Kotak on Friday said India needs to find a way to address its high gold imports. India’s gold imports have been in focus since the start of the US-Iran war as they add pressure to the country’s import bill at a time when oil is also rising and rupee is depreciating.Amid this, veteran banker…

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Despite a 2025 advisory against cough syrups for very young children, prescribing continued; India now weighs a red warning on bottles saying they should not be used in children under 4

Despite a 2025 advisory against cough syrups for very young children, prescribing continued; India now weighs a red warning on bottles saying they should not be used in children under 4

The bottle label could prominently carry a red warning. (Image for representative purpose only) The use of cough syrups for children under the age of four continues despite the drug regulator’s guidelines. Now, India’s drug regulator is examining a proposal to make changes to cough syrup labels to discourage their use in children under four…

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Homebuyer got parking from builder in 2008, but society later adopted a 'first come, first served' rule; Maharashtra court protects resident's space until ownership dispute is decided

Homebuyer got parking from builder in 2008, but society later adopted a ‘first come, first served’ rule; Maharashtra court protects resident’s space until ownership dispute is decided

As part of the process, the society asked all homebuyers to submit their parking allotment letters. (Image for representative purpose only) Your builder gives you parking space at the time of buying the house, but the housing society later changes rules. What happens then?In one such case, the Maharashtra State Co-operative Appellate Court has protected…

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LPG Aadhaar rule from October 1: Authentication mandatory for subsidised gas refills; how to complete process, check steps

LPG Aadhaar rule from October 1: Authentication mandatory for subsidised gas refills; how to complete process, check steps

As of September 19, biometric authentication had been completed by 89.9% of active domestic LPG consumers. LPG refill Aadhaar authentication rule: Domestic LPG consumers who have not yet completed their Biometric Aadhaar Authentication (BAA) will have to complete the process to book subsidised cylinder refills at regulated prices from October 1, 2026.The Petroleum and Natural…

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UPI MDR is coming: Can a Rs 6,000 bill be split into three Rs 2,000 payments to avoid charges? For now, NPCI has no daily cap

UPI MDR is coming: Can a Rs 6,000 bill be split into three Rs 2,000 payments to avoid charges? For now, NPCI has no daily cap

NPCI reportedly does not currently plan to introduce a separate daily limit on repeated UPI payments. From October 15, 2026, UPI payments above Rs 2,000 made to large merchants will attract a Merchant Discount Rate (MDR) of 0.4%. However, the National Payments Corporation of India (NPCI) reportedly does not currently plan to introduce a separate…

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