KHATIMA NEWS
Business
The Central Bureau of Investigation has filed its second chargesheet in the Reliance Home Finance case before Mumbai's Special Judge for CBI Cases. The filing names 11 accused, including 3 Reliance ADA Group executives, 7 companies and RHFL's statutory auditor over alleged criminal conspiracy and cheating.
Business
India's external debt rose by $15.4 billion in the June quarter to $778.2 billion, exceeding foreign exchange reserves of $765.901 billion recorded for the week ended September 18, 2026. The debt-to-GDP ratio, however, declined to 20.8% from 20.9% at the end of March 2026.
Business
Maharashtra Chief Minister Devendra Fadnavis said the state has never defaulted and does not borrow up to the full limit set by the Reserve Bank of India. He said the state takes ₹1,00,000 crore when the annual borrowing limit is ₹1,40,000 crore, linking that approach to controlled fiscal health.
Business
The Central Board of Direct Taxes has extended the income tax audit report deadline for Assessment Year 2026-27 from 30 September to 21 October 2026. The ITR filing deadline for taxpayers covered under Section 139(one) has also moved from 31 October to 21 November 2026.
Business
The Supreme Court has issued notices to the Centre, RBI, NPCI and the UPI Committee on a plea challenging Merchant Discount Rate charges on specified UPI merchant transactions above ₹2,000. A bench led by CJI Surya Kant has sought responses within 4 weeks and declined interim relief ahead of the October 15 rollout.
Business
Consumer electronics companies are preparing to raise prices by up to 8% from 1 October, citing higher copper, steel, aluminium and crude oil-linked input costs along with currency fluctuations. AC prices are expected to rise first, while older inventory may keep festive-season purchases at existing prices until after Diwali.
Business
Public sector banks and Regional Rural Banks operated on Sunday, September 27, allowing customers to withdraw pensions and handle urgent financial transactions before a nationwide bank strike scheduled from September 28 to 30.
Business
SEBI has barred listed real estate company Omaxe and 5 others from the securities market, alleging that funds routed through group entities were used to create an artificial appearance of public shareholding. The regulator also imposed a total penalty of Rs 1.92 crore in the case.
Business
Banks are set to remain closed from September 28 to September 30 during a 3-day strike called by bank unions. The unions are pressing for a 5-day workweek, while a Finance Ministry source says the government never promised the change and that it was neither discussed nor agreed during wage negotiations.
Business
Insurance-linked stocks remained under pressure, with Turtlemint Fintech falling 20%, PB Fintech declining 7.84% and Home First Finance dropping 5.24% on the final trading day of the week. The sell-off followed an IRDAI proposal covering commission limits, distribution channels and insurance bundled with loans.
Business
The Insurance Regulatory and Development Authority of India has proposed sharp commission changes for health and motor insurance distributors, along with tighter rules against unnecessary insurance sales during loan processing. Stakeholders have until 25 October to submit their views on the draft.
Business
PB Fintech shares fell to ₹1,285.20 from the previous close of ₹1,890 after IRDAI proposed changes to insurance distribution costs and commissions. The consultation paper also targets misleading website designs and mis-selling, raising concerns about pressure on Policybazaar's per-policy earnings and triggering a sharp investor response.
