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Business

RBI Eases Rules for DIIs to Increase Bank Shareholdings

The Reserve Bank of India (RBI) has relaxed regulations for large Domestic Institutional Investors (DIIs) such as mutual funds, pension funds, and insurance companies. They can now obtain one-time approval to raise their total bank shareholding to 10%, removing the need for fresh RBI clearance each time their stake exceeds the previous 5% threshold. Earlier, acquiring 5% or more required prior RBI approval.

TOI Business·

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Business

Stock Market Closed for 3 Days Including Gandhi Jayanti

The stock markets BSE and NSE will be closed on October 2 for Mahatma Gandhi Jayanti. Following this, trading will also be halted on October 3 and 4 due to the weekend. Additionally, there will be no trading on October 20 for Dussehra. Investors should also note upcoming holidays in November for Diwali and Guru Nanak Jayanti, and check December holidays accordingly.

News18Hi Business·

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Sports

Lovlina Borgohain to Fight for Gold on 29th Birthday at Asian Games 2026

Lovlina Borgohain, born into a farmer's family in Assam's Golaghat district, will celebrate her 29th birthday by competing in the Asian Games 2026 boxing final against China's Ji Bao. Despite limited resources and hardships, she rose to become one of India's top female boxers. On this special day, she has a chance to win gold and match a significant Indian women's boxing record.

Prabhat Khabar··Golaghat

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Business

Bengaluru 2BHK Rent ₹70,000 with ₹4 Lakh Deposit Sparks Debate

A Reddit user shared that a 2BHK apartment in Bengaluru was quoted at nearly ₹70,000 monthly rent and a ₹3-4 lakh deposit. This has sparked discussions about rising housing costs, rent negotiations, and furnishing expenses in the city. The user also compared this with cheaper apartment costs in France, highlighting affordability concerns.

Mint··Bengaluru

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Business

Stock Markets Closed on Gandhi Jayanti, October 2, 2026

The Indian stock markets, including BSE and NSE, will be closed on October 2, 2026, in observance of Mahatma Gandhi Jayanti. Trading in major segments such as equity and derivatives will be suspended. Upcoming market holidays include Dussehra on October 20 and Diwali in November.

Mint Markets·

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