PPF AFTER 15 YEARS

2026 to be one of four warmest years on record: WMO

The year 2026 is on track to become one of the four hottest years on record, with global temperatures averaging 1.47°C above pre-industrial levels during January-September, according to the World Meteorological Organization. An intensifying El Nino could push temperatures higher into 2027, as record ocean heat, rising greenhouse gas concentrations and extreme weather deepen the global climate crisis.

HSBC, Citi turn bullish as Indian stocks draw record inflows

Global banks are turning more positive on Indian stocks, indicating potential for continued growth and record foreign inflows. Recent data shows that India’s benchmark index surged nearly 8% this month, marking its best performance since mid-2022. As foreign investors shift back to Indian equities, analysts expect significant inflows and improved earnings growth in the coming fiscal years. Falling oil prices are also projected to support corporate profits and economic stability.

Health insurance claims: How the moratorium clause protects you after five years

Cutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the moratorium clause in health insurance protects policyholders against arbitrary claim rejections. The moratorium period is calculated based on the number of years of continuous coverage. So, if you port your policy to another insurer, the moratorium clock does not get reset -- you do not lose the benefit of the period already served.

Woman expects 12% interest on fixed deposit, puts Rs 9.5 lakh in Karnataka society, fails to recover money after maturity, consumer court orders society to pay Rs 17.63 lakh

A woman and her family member deposited money in a Karnataka credit society, expecting returns of up to 12% on their fixed deposits. They later struggled to recover their money, including a deposit that had matured. The consumer commission has now ordered the society's office-bearers to repay Rs 17.63 lakh with interest, compensation and legal costs.

Bumper returns is the call! How can investors make money in Samvat 2083 after a year of stagnation?

After a rough year marked by heavy FPI outflows, geopolitical tensions and soaring crude prices, Indian equities staged a sharp pre-Diwali recovery. Easing oil prices, renewed foreign buying and improving corporate earnings have revived hopes for Samvat 2083. However, concerns over midcap and smallcap valuations, global uncertainty and uneven earnings growth could make the recovery challenging.

Trump's $1.5-trillion defence spending push runs into a Democratic wall after midterm rout

The recent midterm elections have heralded a major loss for Republicans, casting a shadow over President Trump's defense budget ambitions. Democrats, now in control of Congress, are resisting Trump's call for a $1.5 trillion increase in defense spending. This development poses a critical challenge as lawmakers must soon tackle the defense policy bill alongside the fiscal year 2027 budget.

Kirloskar Industries Q2 profit rises 5% to Rs 105 crore

Kirloskar Industries (KIL) achieved a consolidated profit after tax of ₹105 crore for the quarter ending September 30, reflecting a 5% increase from ₹100.1 crore in the previous year’s corresponding quarter. The overall income surged to ₹2,097.7 crore, up from ₹1,790.1 crore, highlighting robust operational performance. Kirloskar Ferrous Industries, a key subsidiary, showcased strong demand, while Avante Spaces progresses steadily in the real estate market.

In 1998, he first visited Argentina. Three years after 9/11, he left New York behind and moved there to rebuild a life he never expected to lead.

David English experienced a career-defining moment on September 11, 2001, when he planned to secure a business deal. After leaving New York in search of a new life, he settled in Mendoza, Argentina. He established a consulting business and co-founded an organization for study-abroad programs, adapting to a new culture. English also became a father in 2010 and appreciated the local lifestyle.

Jio Rs 10,000 recharge plan: 3-year validity, unlimited 5G data and calls, JioHotstar subscription and 50GB cloud storage

Reliance Jio has introduced a Rs 10,000 prepaid recharge plan offering 36 months of connectivity through a single payment. The plan includes unlimited voice calls, 2.5GB of high-speed data daily, unlimited 5G access and 100 SMS per day. It also bundles JioHotstar Mobile + Hollywood, 12 months of Canva Pro Lite and 50GB of JioAICloud storage. Here is a look at its benefits, availability and how it compares with Jio's other long-term prepaid plans.

'Safed jersey se vida': Mohammed Shami retires from Test cricket after 13-year journey

Mohammed Shami has announced his retirement from Test cricket after playing 64 matches over 13 years. He took 229 wickets and had a notable best performance of 6/56. Shami expressed gratitude to his teammates, coaches, and fans for their support throughout his career. His Test debut occurred against the West Indies in November 2013, and his final match was in June 2023.

The average US 30-year mortgage rate falls to 7.18% this week, its third straight decline

The average long-term mortgage rates in the U.S. decreased for the third consecutive week, offering some respite. The average 30-year fixed-rate mortgage declined to 7.18% from 7.24%, according to Freddie Mac. Additionally, the 15-year fixed-rate mortgages saw a drop to 6.57%, slightly down from last week. These lower rates help to alleviate the financial burden on prospective homebuyers facing increased costs.

FIIs pour Rs 15,000 crore into Indian stocks in biggest single day buying over a year

Foreign institutional investors invested Rs 14,975 crore in Indian equities on Thursday, marking their biggest single-day purchase in over a year. The buying spree boosted market sentiment, sending the Nifty up 2.4% amid easing crude prices and improving global cues.

All Agniveers to get permanent jobs after 6 years? Is Agnipath scrapped? Defence officials answer

The revised Agnipath scheme has raised questions about regular jobs, seniority and whether the original recruitment model has been scrapped. The government has clarified that the first 25% of Agniveers will enter regular service after four years, while the remaining 75% will serve an additional two years before enrolment, with their seniority protected.

Jen Affleck, pregnant with Zac’s fourth child, files for divorce after 7 years of marriage

Jen Affleck has filed for divorce from her husband, Zac Affleck, after being married for seven years. The couple is currently expecting their fourth child together while raising three children, ages five, three, and one. They first met on a dating app in 2018 and married a year later. Jen announced her fourth pregnancy on social media, sharing her excitement.

15 year old Tanvi Patri scripts history, enters Youth Olympic Games badminton final

Fifteen-year-old Tanvi Patri achieved a historic milestone by reaching the Youth Olympic Games final in women's singles. She defeated Japan's Yuzuno Watanabe in a thrilling semi-final match after three intense games. This victory guarantees India its first women's singles medal in badminton at the Youth Olympic Games. Tanvi will compete against Yi Xin Zhang of China for the gold medal in the final.

US Bond Yields fall after midterm election 2026 results: Why are 10-year, 30-year, 2-year treasury notes down?

US Treasuries were down after Democrats gained control of both the Senate and House with the election results also raising the prospect of gridlock between the US Congress and Donald Trump's White House.

Agnipath scheme: All Agniveers to be offered regular enrolment after 2-year extended engagement

The Union Cabinet has approved a revised Agnipath scheme offering all Agniveers a pathway to regular military service. The top 25% will be absorbed after four years based on merit, while the remaining 75% can opt for a two-year extension with higher pay, enhanced Seva Nidhi and seniority benefits before enrolment.

EPF pension calculator: How can ₹50 lakh grow to ₹63 lakh after retirement?

Canva layoffs: Employee's ‘four-year journey came to an unexpected end’ after job loss and shares an emotional post after layoff

Monica Gonzalez Castro, a former Operations Business Partner at Canva, was among the 1,200-plus employees affected by layoffs. Sharing an emotional LinkedIn post, she reflected on her four-year journey, thanked her colleagues and mentors, and described the experience as deeply rewarding. She also announced that she is looking for her next professional opportunity.

US midterm election results cheer US bond yields, 10-year treasury note, yield on 30-year bond, two-year treasury yield jump on Tuesday

US midterm election 2026 results: 10-year TIPS breakeven rate was last at 2.305 per cent, indicating the market sees inflation averaging about 2.3 per cent a year for the next decade.

Ferrari nudges up full-year forecasts after beating consensus in Q3

Ferrari has revised its earnings outlook for 2026 due to impressive third-quarter performance that exceeded expectations. The company noted a 12% increase in adjusted EBITDA, greatly surpassing analyst forecasts. This growth stems from sales of high-margin vehicles and personalized customer requests. However, the total vehicle shipments dipped slightly, totaling 3,368 in the July-September timeframe. The robust order book extends through 2028, with more product launches on the horizon.

RS bypoll affidavit: Wife wealthier than Hardeep Singh Puri, owns Geneva apartment

Hardeep Singh Puri filed his nomination papers for the Rajya Sabha bypoll scheduled on November 12. His affidavit reveals his wife, Laxmi Puri, possesses greater financial assets and higher annual income compared to him. While Hardeep's wealth includes Rs 6.54 crore in movable assets, Laxmi has Rs 10.66 crore. Additionally, both have substantial bank deposits with no outstanding loans or liabilities.

Japanese bodybuilder, at 90, says he has never fallen sick in his life, reveals how he changed his food habits after turning 50 which has kept him fit and compete on the world stage

Japanese bodybuilder Toshisuke Kanazawa, 90, travelled to Spain to compete against athletes decades younger at the IFBB World Fitness Championships. Although he did not win a podium place, he hopes to compete again at 93. He credits his fitness to a traditional Japanese diet he adopted at 50.