SBI Research calls for scrapping LTCG tax on equities amid record FPI outflows

The Hindu Business Line - Oct 12, 2026

The lender’s research arm has proposed policy changes to encourage longer-term foreign investment and strengthen foreign currency inflows into India

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Pakistani army training aircraft crashes, killing both pilots
Oct 12, 2026
Pakistani army training aircraft crashes, killing both pilots

On Monday, a PAC MFI-17 Mushshak plane crashed near Nawan Killi in Balochistan province, killing both pilots. The military attributed the crash to a technical fault, but did not provide additional details. President Asif Ali Zardari and Prime Minister Shehbaz Sharif expressed their condolences to the pilots' families following the tragic incident. Plane crashes during training missions are not uncommon in Pakistan, often lacking detailed public investigation reports.

Many GOP states have imposed new voting rules this year, some mirroring Trump's midterm proposals
Oct 12, 2026
Many GOP states have imposed new voting rules this year, some mirroring Trump's midterm proposals

More than three dozen new voting laws in Republican-led states are taking effect for the 2026 midterms, tightening rules around voter ID, proof of citizenship, mail ballots and voter rolls even as similar Trump-backed proposals stalled federally. Supporters say the measures strengthen election safeguards, while voting-rights groups warn they could make it harder for eligible voters to register or cast ballots.

Samantha Ruth Prabhu shares habit she adopted during her toughest phase: ‘For first three months, it was really hard for me to write anything positive’
Oct 12, 2026
Samantha Ruth Prabhu shares habit she adopted during her toughest phase: ‘For first three months, it was really hard for me to write anything positive’

Actor Samantha Ruth Prabhu has shared the morning habits she follows to stay grounded, even when life gets busy. At an event hosted by ZOY, the healthy period-care brand she founded, the Maa Inti Bangaram star spoke about her daily routine, which takes around 45 minutes to an hour. She said the practice helps her manage her mindset and is something she sticks to regardless of where she is or how packed her schedule gets.

Sara Tendulkar’s lavish Bandra residence, bought by Sachin Tendulkar is now estimated to be worth Rs 100 crore and features two basements, a grand entrance, elegant interiors and a lush green backyard
Oct 12, 2026
Sara Tendulkar’s lavish Bandra residence, bought by Sachin Tendulkar is now estimated to be worth Rs 100 crore and features two basements, a grand entrance, elegant interiors and a lush green backyard

Sara Tendulkar, born on October 12, 1997, is the daughter of legendary cricketer Sachin Tendulkar. She graduated from Dhirubhai Ambani International School before embarking on a medical degree at University College London, illustrating her strong academic focus. The Tendulkar family lives in a majestic Bandra bungalow, estimated at Rs 100 crore, boasting refined design elements and a peaceful outdoor terrace ideal for relaxation.

Columbus Day 2026: Christopher Columbus never landed in mainland US. So why is there a federal holiday for him?
Oct 12, 2026
Columbus Day 2026: Christopher Columbus never landed in mainland US. So why is there a federal holiday for him?

Columbus Day 2026: Christopher Columbus never set foot on mainland US, yet America observes a federal holiday in his name. He even did not proof that the Earth is round. Here's how Columbus Day began, its connection to Italian American heritage and why the holiday remains controversial in the United States.

Is the US stock market open today on Columbus Day? Will NYSE and Nasdaq trade? Here's the Dow Jones and S&P 500 schedule
Oct 12, 2026
Is the US stock market open today on Columbus Day? Will NYSE and Nasdaq trade? Here's the Dow Jones and S&P 500 schedule

Is the US Stock Market Open on Columbus Day 2026? NYSE, Nasdaq, Dow Jones and S&P 500 trading hours - The New York Stock Exchange and Nasdaq remain open for regular trading sessions today, Monday, October 12, 2026. Normal trading hours run from 9:30 a.m. to 4:00 p.m. Eastern Time. Investors buying and selling equities, options, and exchange-traded funds can process transactions without interruption.

HCL Tech Q2 Results: Profit jumps 21% YoY to Rs 5,132 crore; co declares Rs 12/share dividend
Oct 12, 2026
HCL Tech Q2 Results: Profit jumps 21% YoY to Rs 5,132 crore; co declares Rs 12/share dividend

HCL Tech Q2 Results: HCL Tech's board declared a second interim dividend of Rs 12 per share for the financial year 2026-27. The record date for the payment of the interim dividend will be October 16 and the payment date is October 26, 2026.

In 2006, an American aircraft carrier with a dozen warships was trailed by a Chinese submarine. Years later US sold the ship for a cent
Oct 12, 2026
In 2006, an American aircraft carrier with a dozen warships was trailed by a Chinese submarine. Years later US sold the ship for a cent

In October 2006, a remarkable event occurred when a Chinese Song-class submarine shadowed the USS Kitty Hawk without detection during naval drills. The submarine emerged surprisingly close to the carrier but refrained from engaging, prompting debates among military experts about whether this was intentional or an accident. Years later, the decommissioned USS Kitty Hawk was sold for just a cent, stirring concerns among veterans about its fate.

Abusing Election Commission not enough to win polls: JD(U) takes dig at Rahul Gandhi
Oct 12, 2026
Abusing Election Commission not enough to win polls: JD(U) takes dig at Rahul Gandhi

JD(U) spokesperson Rajeev Ranjan accused Congress leader Rahul Gandhi of "abusing" the Eleciton Commission (EC) and said it would not be enough to win the elections. He said the party responsible for India's independance was shrinking and admonished Gandhi for failing his party to secure more than 100 seats in the Parliament. He claimed the Congress was facing difficulties and alleged discord within the party.

Rupee jumps 96 paise to close at 95.75 against US dollar
Oct 12, 2026
Rupee jumps 96 paise to close at 95.75 against US dollar

At the interbank foreign exchange market, the rupee opened at 95.61 against the US dollar; in intraday trade, the rupee touched a high of 95.57 and a low of 95.96 against the greenback

Rahul Gandhi, Akhilesh, Tejashwi Yadav & others file plea in SC as police stop INDIA bloc march
Oct 12, 2026
Rahul Gandhi, Akhilesh, Tejashwi Yadav & others file plea in SC as police stop INDIA bloc march

Opposition leaders organized a protest march towards the Supreme Court to file a petition regarding alleged electoral fraud. The march, named "March for Democracy", was led by prominent figures like Rahul Gandhi and Mallikarjun Kharge. Participants included supporters and activists who joined the protest against Chief Election Commissioner Gyanesh Kumar. Police stopped the march at barricades on Bhagwan Dass Road in Delhi.

Bitcoin trades near $83K as market attempts to stabilise; spot ETF outflows signal cautious institutional sentiment
Oct 12, 2026
Bitcoin trades near $83K as market attempts to stabilise; spot ETF outflows signal cautious institutional sentiment

Bitcoin traded near $83,000 on Monday as the cryptocurrency market attempted to stabilise following heavy US ETF outflows and macroeconomic pressure. While institutional sentiment remains cautious amid elevated oil prices and a strong US dollar, whale accumulation and strong corporate holdings provide underlying support for crypto assets.

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