Air India is expanding its frequent flyer programme beyond air travel with the launch of The Maharaja Shop, a premium lifestyle marketplace where members can earn Maharaja Points on eligible everyday purchases. The platform allows Maharaja Club members to earn points across a curated selection of Indian and international brands, with purchases spanning electronics, luggage,…
Gold and silver prices declined on the Multi Commodity Exchange (MCX) on Friday, November 6, as investors weighed inflation concerns and the outlook for US interest rates, even as jewellers expected festive purchases to remain strong on Dhanteras. MCX December gold futures were trading at ₹1.42 lakh per 10 grams, down 1.45%. December silver futures…
New car insurance policy purchases rose 21.5% in October 2026 compared with September, coinciding with the festive-season increase in vehicle buying, according to an analysis by Policybazaar. The online insurance marketplace said purchases were also 8.4% higher than in October 2025, indicating an increase in demand for new car insurance during the festive period. The…
Travel protection for overseas journeys can include financial coverage against specified risks as well as assistance services that help travellers deal with disruptions during a trip. While travel insurance typically covers medical emergencies, baggage loss, trip cancellations and other specified events, additional services can include baggage tracking, airport lounge access during eligible flight delays, digital…
The governments of Maharashtra and Uttar Pradesh have announced financial benefits for employees ahead of Diwali, including bonuses, a dearness allowance (DA) hike and festival advances. In Maharashtra, the Maharashtra State Road Transport Corporation (MSRTC) will give a Diwali bonus of ₹10,000 to each of its employees. The state-run transport undertaking has also increased the…
Nearly three in 10 household consumers planning to buy gold this Dhanteras intend to purchase it through informal channels offering lower prices, rather than from jewellers issuing proper bills, according to a survey by LocalCircles. The survey found that 29% of respondents planning to buy gold on November 6 would opt for informal channels, while…
Gold and silver prices declined in early Asian trade on Friday, November 6, as a sharp sell-off in global equity markets and uncertainty over the US interest-rate outlook weighed on investor sentiment. The decline comes on Dhanteras, traditionally considered an auspicious occasion for buying precious metals, after both metals had rallied in the previous session….
After a volatile year marked by geopolitical tensions, changing commodity prices and shifting market leadership, investors may need to rethink how they allocate their money. Sandeep Tandon, Aashish Somaiyaa and Ashish Shanker explain why multi-asset funds, specialised investment funds (SIFs) and income-generating instruments could play a bigger role in portfolios. The past year has brought…
The Central Board of Direct Taxes (CBDT) has clarified the income tax treatment of compensation received by former employees of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) under the Voluntary Retirement Scheme (VRS) 2019. The Board has specified that the ex-gratia compensation paid under the scheme will be treated as voluntary…
Non-resident Indians (NRIs) travelling to India to complete the sale of a property can claim eligible airfare and accommodation expenses as a deduction while calculating capital gains, provided they establish that the expenditure was incurred wholly and exclusively in connection with the transaction, the Income Tax Appellate Tribunal (ITAT), Bengaluru bench, has clarified. The ruling…
