Indian Railways is working towards starting trial runs of the B28 train on the 100-km Surat-Vapi stretch of the Ahmedabad-Mumbai High Speed Rail corridor by May-June 2027. Commercial services on this section are expected to commence in August 2027. What will be special about India’s first bullet train? What are the features that passengers can look forward to? We take a look:
Stock market today: Why did BSE Sensex Nifty50 rally? Top 5 reasons
https://timesofindia.indiatimes.com/business/india-business/stock-market-today-why-bse-sensex-nifty50-are-rallying-on-november-03-2026-top-reasons-for-bull-run-ltcg-tax-rupee-oil-prices/articleshow/135488376.cms
https://timesofindia.indiatimes.com/business/india-business/stock-market-today-why-bse-sensex-nifty50-are-rallying-on-november-03-2026-top-reasons-for-bull-run-ltcg-tax-rupee-oil-prices/articleshow/135488376.cms
Stock market rally today: BSE Sensex ended the day at 76,917.85, up 1,225 points or 1.62%. Nifty50 closed at 23,810.85, up 370 points or 1.58%. The rally added nearly Rs 4 lakh crore to the combined market capitalisation of companies listed on the BSE, taking the total to Rs 486 lakh crore.
'Punching below its weight': Air India CEO vows to turn around airline profitability
https://timesofindia.indiatimes.com/business/india-business/punching-below-its-weight-air-india-ceo-tewolde-gebremariam-vows-to-turn-around-airline-profitability/articleshow/135487633.cms
https://timesofindia.indiatimes.com/business/india-business/punching-below-its-weight-air-india-ceo-tewolde-gebremariam-vows-to-turn-around-airline-profitability/articleshow/135487633.cms
Air India is set to bolster its international reach by expanding orders for wide-body aircraft. CEO Tewolde Gebremariam remains optimistic about returning to profitability soon, despite the challenges of losses and escalating costs. The airline has initiated fleet renewal and adopted cost-saving strategies. Key hurdles include effective cost management and the rebalancing of hubs and networks.
SBI Q2 results: Net profit rises 14% to Rs 23,038 crore
https://timesofindia.indiatimes.com/business/india-business/sbi-q2-results-net-profit-rises-14-to-rs-23038-crore/articleshow/135491063.cms
https://timesofindia.indiatimes.com/business/india-business/sbi-q2-results-net-profit-rises-14-to-rs-23038-crore/articleshow/135491063.cms
State Bank of India reported a 14 percent increase in net profit for the July-September quarter. The bank's total income also rose significantly compared to the same period last year. Asset quality showed improvement, with gross non-performing assets declining notably. Provisions for bad loans decreased, reflecting better financial health during the quarter. The bank's capital adequacy ratio increased, indicating stronger financial stability moving forward.
Gold, silver lose shine ahead of Dhanteras: Buy now, wait or invest in something else?
https://timesofindia.indiatimes.com/business/india-business/gold-silver-lose-shine-ahead-of-dhanteras-buy-now-wait-or-invest-in-something-else/articleshow/135490766.cms
https://timesofindia.indiatimes.com/business/india-business/gold-silver-lose-shine-ahead-of-dhanteras-buy-now-wait-or-invest-in-something-else/articleshow/135490766.cms
As Dhanteras nears, Indian consumers are closely monitoring the recent drop in gold and silver prices, scrutinizing how this volatility might influence future values. Financial experts advise buyers to assess their personal needs and investment objectives before making any purchases. With more price changes anticipated in the months ahead, a gradual buying approach is recommended to handle potential risks effectively, ensuring that purchases reflect one's investment philosophy.
Removing LTCG: Will it be the magical solution stock markets are looking for?
https://timesofindia.indiatimes.com/business/india-business/will-removing-ltcg-tax-be-the-silver-bullet-to-get-foreign-investors-back/articleshow/135501333.cms
https://timesofindia.indiatimes.com/business/india-business/will-removing-ltcg-tax-be-the-silver-bullet-to-get-foreign-investors-back/articleshow/135501333.cms
Indian equity benchmarks, Nifty50 and BSE Sensex are in deep red this year, In fact, they are set for their worst annual stress in over a decade. However, in the last two years MSCI’s Emerging Markets Index has actually seen a jump of 40%. So clearly India is out of favour with foreign investors who are selling here and buying elsewhere.
Widow faces tax notice for Rs 60 lakh cash deposits; why ITAT treated it as gift from late husband
https://timesofindia.indiatimes.com/business/india-business/widow-faced-tax-demand-over-rs-60-lakh-cash-deposit-in-her-bank-account-itat-pune-accepts-explanation-that-it-was-a-gift-from-husband-and-deletes-addition/articleshow/135490535.cms
https://timesofindia.indiatimes.com/business/india-business/widow-faced-tax-demand-over-rs-60-lakh-cash-deposit-in-her-bank-account-itat-pune-accepts-explanation-that-it-was-a-gift-from-husband-and-deletes-addition/articleshow/135490535.cms
The Income Tax Department discovered that a woman had deposited Rs 60,07,500 in cash into her bank account during the financial year 2015-16. However, she had not filed an income tax return (ITR) for the corresponding assessment year. The Assessing Officer (AO) subsequently issued a show-cause notice under Section 148A(b) of the Income Tax Act, 1961. As the woman did not respond, the AO passed an order.