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Section 4 of the Income Tax Act 2025 updates terminology and structure but keeps taxpayer liabilities unchanged from the 1961 Act. Learn how the new 'tax year' replaces 'assessment year' and 'previous year' without affecting tax charges for individuals and investors.
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Jio Platforms and Larsen & Toubro lead gains as Sensex recovers from intraday lows amid rising crude prices. Piramal Pharma hits 52-week high after profit swing. Market sees mixed results across sectors on October 28, 2026.
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Anthropic plans to go public in November 2026, aiming to raise $100 billion with a valuation between $1.5 and $2 trillion. The AI company showed a 1,368% revenue increase in H1 2026, marking significant milestones in the AI industry.
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IIM Jammu has started its Bachelor of Business Administration (BBA Honours) program at the Leh campus in Ladakh. The course aims to provide local students with management education, leadership skills, and promote regional development.
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IRDAI plans new insurance distribution rules only after consensus with industry stakeholders. Chairman Ajay Seth highlights concerns about commissions, online platforms, and customer choices. The reforms aim to improve transparency, access, and customer outcomes in insurance.
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Adani Ports reported a 17% year-on-year net profit increase in Q2, driven by a 24% rise in revenue to ₹11,340 crore. The company also raised its FY27 revenue and EBITDA guidance, reflecting strong business performance across domestic and international ports, logistics, and marine sectors.
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Adani Ports and SEZ is set to announce its Q2FY27 results with expected double-digit growth in revenue and net profit. Cargo volume rose 15% in H1 FY27, supporting strong financial performance amid market and geopolitical factors.
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Jio Platforms debuted on the Indian stock market, marking a new beginning. Akash Ambani emphasized empowering Indians through AI and leading technological transformation while continuing to connect the unconnected.
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Info Edge reported a 52% rise in net profit to ₹480 crore in Q2 FY27, with revenue increasing 12% to ₹904 crore. The company declared an interim dividend of ₹3 per share, reflecting strong growth across its recruitment, real estate, and matchmaking businesses.
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Oil-sensitive stocks like BPCL, Indian Oil, and HPCL declined as global crude oil prices rose above $116 per barrel amid rising tensions in West Asia. The Nifty Oil & Gas index dropped 2.2% on October 28, 2026, reflecting investor concerns over supply disruptions and higher costs for oil-dependent companies.
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Anthropic's AI model Claude shows early success in speeding up cancer research, improving experimental treatments, and cutting drug development paperwork by 89%. Collaborations with biotech firms highlight potential for faster medicine discovery and regulatory processes.
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PG Electroplast reported a 353% rise in net profit for Q2 FY27, reaching ₹14 crore. Revenue grew 43% to ₹934 crore, with strong growth across product segments. The company plans new production facilities by Q4 FY27, maintaining a healthy balance sheet and expansion on track.
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Starting December 1, 2026, SBI Card will charge a 1% fee on transportation transactions over ₹30,000 and on total fuel spends exceeding ₹50,000 in a billing cycle. This change affects fleet operators, taxi businesses, and heavy Fastag users.
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Maharashtra University of Health Sciences (MUHS) Nashik plans to add 865 new colleges by 2032, including 51 medical colleges mostly in small towns. The focus is on allied health sciences expansion, with controlled growth in nursing, ayurveda, and physiotherapy colleges.
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Ahmedabad University launches MSc Health Data Science programme starting July 2027. The two-year course trains students in AI, data analysis, and ethics for healthcare, public health, and biomedical research careers.
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AWL Agri Business reported a 2.3% decline in net profit for the September quarter, with EBITDA dropping 10% and margins contracting. Shares fell nearly 9.5% to a 52-week low amid rising expenses and tax impacts.
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The IIM CAT Admit Card 2026 will be available online from November 4. The CAT exam is scheduled for November 29, conducted in three slots. Learn how to download your hall ticket and key exam details here.
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Jadavpur University has set a 12,000 rank cut-off in the state JEE for general-category candidates to fill 182 vacant BTech seats through its own counselling, addressing delays and student losses due to postponed admissions.
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