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Business News Today Live: RBI, SEBI, Courts and Markets, 8 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 Kolkata allows co-operative society 80P deduction on bank deposit interest
- ITAT Rajkot says trust denied registration must still get deduction for expenses
- Jharkhand High Court refuses to quash 1992 bribery case against three examiners
- J&K High Court upholds bribery conviction of bank manager Daleep Kumar Bhat
ITAT Kolkata allows co-operative society 80P deduction on bank deposit interest
The ITAT Kolkata bench held that a Hooghly co-operative society can claim the Section 80P deduction on interest from deposits made out of its own business surplus.
ITAT Rajkot says trust denied registration must still get deduction for expenses
The ITAT Rajkot bench held that a Kutch trust whose registration was rejected cannot be taxed on its full Rs 20,36,678 donations and directed the officer to allow its expenses.
Jharkhand High Court refuses to quash 1992 bribery case against three examiners
The Jharkhand High Court refused to quash a 1992 case in which three polytechnic examiners are accused of taking bribes, but set aside the charge framed under the amended 2018 law.
J&K High Court upholds bribery conviction of bank manager Daleep Kumar Bhat
The J&K High Court upheld the conviction of a J&K Grameen Bank manager caught taking a Rs 5,000 bribe to release a loan instalment in 2010, but cut his jail term to one year.
Andhra Pradesh High Court tells four lenders to use lawful recovery, not strong-arm tactics
The Andhra Pradesh High Court directed Axis Bank, SBI Cards, ICICI Bank and IndusInd Bank to follow lawful procedure to recover a borrower's dues.
Gauhati High Court lets firm swap ED-attached land for a Rs 45 lakh fixed deposit
The Gauhati High Court allowed Global Entrade to replace two plots provisionally attached by the ED with a Rs 45 lakh fixed deposit, over the ED's objection.
Using a credit card can bind you to its arbitration clause, Bombay High Court holds
The Bombay High Court held that Kotak Mahindra Bank's cardholders accepted its arbitration clause by using their cards, even though no signed application was produced.
Delhi consumer commission orders Metro Hospital to pay Rs 15 lakh over ambulance lapse
The Delhi State Consumer Disputes Redressal Commission held Metro Hospital & Heart Institute liable for failing to arrange a life-support ambulance for a stroke patient.
Kerala High Court rejects repeat plea by borrower who missed court-set instalments
The Kerala High Court held on 5 November 2026 that a borrower who missed instalments it had allowed earlier cannot file a fresh petition for the same relief against a bank.
Gauhati High Court: civil courts cannot stop bank recovery under debt laws
The Gauhati High Court held on 6 November 2026 that civil courts cannot block a bank's recovery under debt laws, even over property a borrower never mortgaged.
Puducherry consumer commission backs Edelweiss Tokio Life on suicide exclusion
The Puducherry State Consumer Commission held that Edelweiss Tokio Life was right to refuse two loan-linked death claims under a one-year suicide clause, setting aside a district order.