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Business News Today Live: RBI, SEBI, Courts and Markets, 4 November 2026
Every story from Oquilia’s desks today, as it is published: regulators, courts, markets and your money. Each update links to the full report and its official source.
This page updates itself every minute.
Key updates
- ITAT Pune allows co-operative society tax deduction on interest from co-operative banks
- Gauhati High Court sends Canara Bank, PNB fight over one mortgaged plot to arbitration
- Pre-market: Nifty 50 at 23,810.85 after a 1.58% rise to close at Tuesday's high
- Gujarat consumer commission upholds IndusInd Nippon Life's rejection of Rs 8 lakh claim
ITAT Pune allows co-operative society tax deduction on interest from co-operative banks
The Income Tax Appellate Tribunal in Pune ruled on 26 October 2026 that a co-operative society can claim a Section 80P(2)(d) deduction on interest earned from co-operative banks.
Gauhati High Court sends Canara Bank, PNB fight over one mortgaged plot to arbitration
The Gauhati High Court held on 2 November 2026 that a dispute between Canara Bank and Punjab National Bank over the same mortgaged land must go to statutory arbitration under the SARFAESI Act.
Pre-market: Nifty 50 at 23,810.85 after a 1.58% rise to close at Tuesday's high
The Nifty 50 closed at 23,810.85 on Tuesday, 3 November, up 1.58%, as advances beat declines 1,607 to 1,110 and Nifty FMCG led sectors with a 3.65% gain.
Gujarat consumer commission upholds IndusInd Nippon Life's rejection of Rs 8 lakh claim
The Gujarat State Consumer Commission held that IndusInd Nippon Life rightly rejected a term-plan claim because the policyholder did not disclose an earlier policy in the proposal form.
Consumer commission orders Omaxe unit to pay 9% interest to homebuyer for delay
The Chandigarh State Consumer Commission held that Omaxe New Chandigarh Developers' offer of an incomplete flat was not valid possession and ordered 9% interest for the delay.