33 C 
Only four mid-cap funds delivered over 17% annualised three-year SIP returns, with HSBC Midcap Fund topping the list at 20.70%. Value Research data shows that several of the categorys largest funds by AUM delivered lower returns, highlighting the wide performance gap.
Balance investment portfolio: Check why equity allocation should reflect financial goals
Investors questioning their equity exposure should look past current market conditions and focus entirely on their specific financial objectives and timelines.
Maruti Suzuki to hike car prices by up to Rs 20,000 this month due to rising input costs
Maruti Suzuki will increase prices on some vehicles by up to Rs 20,000. This price adjustment will take effect starting this month, September 2026. The company cited sustained increases in input costs as the primary reason. Efforts to mitigate these rising costs have been ongoing for months. However, inflationary pressures necessitate passing on some of these increased costs.
Funding skew deepens in microfinance
Large microfinance companies received 98.1% of sector funding in Q1. This funding concentration reflects financiers playing safer during uncertain economic cycles. Smaller institutions face tighter liquidity and higher borrowing costs, impacting recovery pace. Banks contributed 80.4% of the Rs 21,407 crore debt funding received. NBFC-MFIs remain the largest micro-credit provider with a 44.3% market share.
HDFC Bank has reduced its MCLR rates on select tenures by up to ten basis points. These revised rates will become effective from September seventh, 2026. Borrowers with loans linked to this regime will experience some financial relief.
Consumer goods companies are planning price hikes due to high sugar costs. Bikaji Foods is already implementing a two percent increase on its sweets. Companies face significant cost increases compared to recent months. This pressure comes after previous price adjustments for commodity inflation. Further price increases or grammage cuts are anticipated in packaged foods.
Tewolde Gebremariam takes charge as Air India's new CEO, replaces Campbell Wilson
Tewolde Gebremariam has taken charge as the new Chief Executive Officer of Tata Group-owned Air India. He succeeds Campbell Wilson, who was the former leader of the airline. Air India Chairman N. Chandrasekaran led an employee town hall to welcome the new CEO. Employees gathered to mark the next chapter in Air India's transformation journey. The Tata Group-owned carrier welcomed its new leader during the event.
NIIF appoints Gauravjit Singh in global leadership role
NIIF has appointed Gauravjit Singh as managing partner and global head of capital formation. Singh, who previously worked at PAG, True North and KKR, will focus on expanding NIIFs global and domestic investor base as the fund steps up capital mobilisation.
RWA earned rent by letting out common areas and collected maintenance from residents and seeked charitable trust registration; ITAT Chandigarh rejects RWAs appeal. Laliet Kumar, a Judicial Member and Manoj Kumar Aggarwal, an Accountant Member of the Income Tax Appellate Tribunal (ITAT) Chandigarh gave this judgement.
India ramps up coal rail shipments as power plant stocks dwindle
India is boosting coal rail shipments to power plants facing critically low fuel stocks. The number of plants with less than three days of coal has risen sharply recently. Heavy rainfall in key coal-rich states has impacted mining and transportation operations. Coal India, the largest miner, reports adequate pithead stock levels.
A Bengaluru taxpayer faced a 1.23 lakh tax demand after his consultant mistakenly filed Form 10-IEA for the old tax regime. ITAT Bangalore accepted the new regime chosen in his ITR and directed the tax authorities to recompute his liability.
Maruti Suzuki to hike car prices by Rs 20,000 on selected models again
Maruti Suzuki will increase car prices by up to twenty thousand rupees this September. This follows a previous price adjustment of around thirty thousand rupees last month. The automaker cited sustained increases in input costs as the primary reason. Maruti Suzuki has made efforts to mitigate these rising costs through various measures. However, the company is now passing on a portion of these increased costs to customers.
Amritsar Airport: Seven flights diverted, operations suspended after drone sighting
Amritsar airport operations were suspended for nearly ninety minutes on Sunday night. Drones were spotted across the airfield, prompting the closure of the runway. Seven flights scheduled to land were diverted to other airports as a precaution. Airport operations resumed after the situation was declared normal around eleven fifteen PM. Police are currently investigating the drone sighting incident.
Global Fintech Fest: How Adyen powers payments for global ambition and expansion
The payments ecosystem in India is moving beyond just digitisation, and towards infrastructure that can operate seamlessly across borders, and connected ecosystems. Adyen, a global fintech company with presence in India is positioned to achieve exactly that for Indian merchants who have the ambition to go global and global enterprises expanding in India.
In the past six months, smallcap mutual funds have delivered excellent returns, prompting investors to reassess their future investment plans. Experts recommend maintaining a careful allocation to small-cap funds, suggesting that any additional investments should be made gradually in the forthcoming months. Investors should prioritize consistent and methodical allocation instead of impulsively pursuing market rallies.
Rs 1.23 lakh tax demand notice sent as man filed ITR with new tax regime but it was processed with old tax regime due to tax consultants error, ITAT Bangalore allows his appeal. Know how Mr Shah won the case.
Bought a flat but didnt get promised amenities? Here's what homebuyers can do to seek justice
Misleading property advertisements can be reported to RERA by homebuyers. The process is streamlined for filing complaints online, where RERA can penalise builders for false claims. Details here.
Power stocks to watch: Suzlon, NTPC among Ambits top picks; Torrent Power gets a miss
UK rules out JLR bailout as Tata-owned carmaker plans 4,000 job cuts amid rising costs
Jaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financial support for the carmaker's restructuring efforts. JLR aims to achieve substantial savings and lower its break-even vehicle point. European automakers face increasing pressure from lower-priced Chinese electric vehicle manufacturers. The company is also strengthening its US operations and expanding into premium electric vehicles.
Gold loan in 2026: 8 key rules and risks before you pledge your family jewellery
Gold lending industry to witness nearly 28% CAGR over FY26-28E: Motilal Oswal Report
India's gold lending industry is projected to witness approximately 28 per cent compound annual growth rate (CAGR) over FY26-28E, driven by the formalisation of credit and low monetization of household holdings, according to a report by Motilal Oswal. The segment has now overtaken personal loans to rank as the second-largest consumer lending category for banks and non-banking financial companies (NBFCs), standing behind home loans.
EPS supports over 85 lakh individuals, many of whom may retire abroad. Pensioners must keep their Life Certificate valid. If you cannot use the digital route or appear physically to make the submission, here are some of the options you can consider.
Gold and silver prices today, 7 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Petrol loses its crown as alternative fuels overtake it in Indias record August auto sales
August 2026 marked a historic milestone in India's auto retail market, exceeding all previous records. In a significant shift, alternative fuel vehicles eclipsed petrol sales in the passenger vehicle category. Rural markets had a remarkable performance, outshining urban areas across vehicle segments, while tractor sales held steady amid monsoon effects. Auto dealers anticipate a more intensive demand evaluation in the coming months, from September through November.
The best gift for your children isn't a houseit's optionality
Real estate may offer stability, but liquid financial assets give the next generation the flexibility to adapt to changing life goals.
NPS for NRIs: What happens to your account when you move abroad? PFRDA explains
Moving abroad does not automatically mean closing your NPS account. PFRDA allows NRIs to continue NPS Tier I through NRE or NRO accounts, but Tier II cannot be activated.
A Hyderabad consumer commission ordered a 10 lakh insurance refund to a 73-year-old retired professor after finding the policy was sold without free and informed consent. The bank and insurer were also ordered to pay 60,000 in compensation and costs.
Mutual fund cash levels: When to worry?
Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why funds sit on cash, what it costs you, and when it should worry you.
Public Insurance Registry: What's for policyholders?
India's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at streamlining the management of policyholder data. This innovative Digital Public Infrastructure intends to link all parties within the insurance ecosystem, fostering improved operations. Policyholders will enjoy more efficient monitoring of their policies and expedited claims handling, while insurers can utilize standardized data for enhanced risk evaluation and fraud prevention.
Gold vs equity in 2026: Which gave higher returns?
Welcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked across multiple asset classes, including equity, debt, and precious metals. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.
Why Indian retirees have less equity in corpus
For the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and their widows and dependent children as applicable) earning a lifetime inflation-adjusted monthly pension that is way beyond their contributions during their earning years.
Indias 7.8% growth real? Neelkanth Mishra explains
High-frequency data reveals that India's economy is on an upward trajectory, exhibiting robust growth. An executive highlights vibrant vehicle sales and soaring credit demand. Additionally, corporate earnings show positive trends, with notable increases in capital expenditure. However, the nation is still on the path to fully recovering from the effects of COVID, emphasising the necessity for ongoing reforms to achieve sustainable growth and minimise economic gaps.
Why homemakers may need a term insurance plan
The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint.
UK to India: Tax rules returning NRIs must know
Non-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your tax status intact even after relocating. Income and capital gains sourced from the UK could still be liable for UK tax post-departure. Additionally, Indian tax residents are required to report foreign assets and income. Seeking professional advice is essential for a smooth financial adjustment when returning to India.
Sugar prices rise: Are sugar stocks set to gain?
India is currently experiencing a sugar shortage, caused by shorter production yields and increased consumer demand. While government initiatives are in place to stabilise prices, they may not adequately address the root supply problems. Additionally, global conditions, such as Brazil prioritizing ethanol production, keep international sugar costs high. Experts foresee a sustained tight market in the coming seasons, leading to greater profitability for sugar firms.
Indias foreign deposit drive may cost RBI $10.6 bn
India's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The unexpected surge in funds from the special deposit program may impose a financial burden, with economists estimating the cost could exceed twelve billion dollars. To counterbalance these expenses, the central bank might resort to foreign investments for financial relief.
Investing abroad faces a new risk: Economic coercion
Once a country begins to treat access to its markets, its currency and its financial system as instruments of pressure, then the logic will get applied to more and more cases. The fact is that the US has become addicted to coercion through economic measures and not only will this habit be hard to break, it will expand to more and more areas.
Can fee-based investment advice survive in India?
In the Indian investment landscape, a stark difference exists between mutual fund distributors who earn commissions and fee-only advisors who charge direct fees. This distinction has left many investors perplexed. Industry professionals have embarked on varying paths, revealing the challenges posed by regulatory complexities and compliance demands. The market is in need of clearer guidelines and supportive regulations to enhance the viability of independent advisory practices.
Corner Office Conversation: JP Morgans Anu Aiyengar on Mega Deals, AIs Banking Reset & India Bet
Air India gets new boss as Tewolde Gebremariam takes charge
Tewolde Gebremariam officially assumes operational leadership at Air India this Monday, taking over from Campbell Wilson. With mounting pressure to elevate safety and reliability standards, Gebremariam aims to enhance engineering and maintenance functions while prioritizing financial discipline and profitability. He is expected to have significant autonomy to drive sustainable operational practices.
YouTube pushes Indias content industry towards owning IP
Indian content creators are building and monetizing their own intellectual property. YouTube is emerging as a key destination for premium, long-form original shows. Balaji Telefilms partnered with YouTube for five fiction shows, retaining IP ownership. This shift addresses a gap between linear television and premium subscription platforms. Connected TV viewing is creating new opportunities for diverse content across verticals.
AIFs seek status quo as 'foreign control' rules go for a recast
Local alternative investment funds have warned regulators about proposed changes. These changes could significantly impact capital inflows into India's economy. The draft rules aim to curb indirect foreign ownership in sensitive sectors. Industry officials requested the status quo on existing regulatory definitions. This move seeks to maintain India's attractiveness for foreign investment.
India not shining enough for international tourists, arrivals likely to stay flat this year
India's foreign tourist arrivals are projected to plateau this year, influenced by rising oil prices from ongoing global conflicts that have increased travel costs for many. Industry professionals urge the need for renewed marketing initiatives abroad, while the Federation of Associations in Indian Tourism and Hospitality forecasts only 8-9 million foreign visitors by 2026, still falling short of pre-Covid levels, indicating a persistent challenge for India's tourism sector.
A petition challenges the HPV vaccination program's implementation. It alleges violations of constitutional rights regarding informed consent and bodily autonomy. The public interest litigation seeks to suspend the school-based component immediately. This action is requested until a legally compliant consent protocol is established. The Supreme Court is expected to hear the matter this week.
NCLT approves Shree Naman's Rs 1,800 cr bid for Gstaad, Neo Hotels
The bankruptcy court in Mumbai has greenlit Shree Naman Developers' ambitious acquisition valued at 1,800 crore for two hotel establishments. This comprehensive plan allocates 1,611 crore to Gstaad Hotels and 189 crore to Neo Capricorn Plaza, significantly surpassing the total admitted liabilities of around 1,227 crore. The resolution aims to maintain the corporate entities as ongoing operations, reflecting Shree Naman Developers' robust strategy of acquiring distressed businesses via insolvency procedures.
ICAI explores PE funding for consultancy, accounting
The Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to facilitate growth by separating assurance and non-assurance practices. Assurance services will remain independent from such external investments. Global models and regulations are being studied by an internal committee. The profession is also adapting to artificial intelligence and its implications.
Glass, PET keep spirits high amid can shortage
Indian beverage firms are increasingly using glass and PET bottles for packaging. This shift occurs as the West Asia conflict disrupts aluminium can supplies and raises costs. Aluminium can prices have risen by at least twenty percent due to these global issues. Beer makers report stronger demand for glass bottles when cans are unavailable. Companies are securing materials in advance amid ongoing global uncertainties.
Changing user habits to drive HUL's next growth cycle: MD Priya Nair
Hindustan Unilever is banking on the evolution of household habits for sustainable growth. The advances in LPG adoption and a greater reach of tap water are paving the way for new consumption trends. Additionally, the influence of Gen-Z is altering brand interaction paradigms. The company is actively recalibrating its portfolio to tackle market challenges.
Weak green hydrogen demand puts L&T's 1 GW plan on ice
Larsen & Toubro has postponed its electrolyser manufacturing expansion plans. Weak green hydrogen demand is impacting investment decisions for the company. L&T's current capacity stands at 400 MW, with a planned 1 GW expansion. The company can ramp up production as market demand increases. This expansion is contingent on future project announcements and market openings.
India's senior living market is estimated to cross 1 lakh crore by 2030, nearly four times the current levels, according to a report by Colliers. The segment's expansion is drawing increased investment from real estate developers and investors, it added.
A fund with a massive AUM is not necessarily the one delivering the highest returns. A look at one-year performance shows why investors should not use fund size as a shortcut for choosing equity mutual funds.
Simple financial rules help manage expenses and investments for Indian households. You dont need to be Warren Buffett to understand these simple money basics.
Pharma sector must attract more investment in clinical trials, R&D: Piyush Goyal
Piyush Goyal emphasized the importance of enhancing India's pharmaceutical industry to draw in more investments. He urged for the creation of robust supply chains to avoid reliance on a single country. The minister also championed the idea of bolstering research and development, securing patents for Indian innovations, and promoting alignment with global regulatory standards. Furthermore, he recommended increasing production in the Ayush sector and medical devices to achieve global recognition.
Income-tax refunds are issued when the tax paid exceeds the actual liabilities after deductions. Today, we look at the timeline, likely cause of delay in receiving credit, and how to check status online.
A recent ITAT ruling has raised an important question for property transactions. Does holding a power of attorney make you liable for capital gains tax when the property is sold? The case draws a clear line between the authority to sell a property and ownership.
Can you stop NPS contributions? What happens to your money, returns and tax benefits
An NPS subscriber can discontinue fresh contributions for a few months or even several years. However, stopping contributions does not mean that the money already accumulated in the account is withdrawn or stops generating returns
Investing requires careful planning regarding purpose, timing and risk. Establishing specific financial goals and maintaining consistent contributions.
EPFO: Today, we take a look at how the family (nominees or legal heirs) of subscribers can claim their provident fund (EPF) savings, pension payout (EPS) and insurance benefit (EDLI) after the member's death.
Annual Information Statement: What AIS covers, how taxpayers can access it and correct errors online
AIS gives taxpayers a consolidated view of financial and tax information linked to their PAN. Here's what it covers, when new information may appear, how to access the statement and what to do if you spot an error.
Gurugram luxury housing lines up Rs 1 lakh crore festive launch pipeline
Gurugram's luxury housing sector anticipates a strong festive season with nearly one lakh crore in new project launches. Developers are accelerating approvals for upcoming projects across prime micro-markets in the region. These new developments will include branded residences and senior living communities for affluent buyers. Golf Course Extension Road is a key area seeing significant developer interest and planned launches.
With 50% of your portfolio in flexi-cap funds, adding another equity fund category may bring significant overlap rather than diversification. Only 25%-36% of the equity exposure may be genuinely different across key fund categories.
Too much money in stocks? This is what you should check before selling
If you feel you have too much money invested in equities, it is useful to look beyond current market conditions. Instead, consider why you are investing, how much time you have and when you will actually need the money
Building a financial empire involves everyday habits in spending, saving and planning. By recognising personal triggers and avoiding impulsive decisions, individuals can make thoughtful financial choices that align with their goals and values.
India's 100 household savings puzzle: 33 goes to banks, while 39 flows to pension funds and markets
Indias household savings are shifting beyond bank deposits. Their share fell to 33% in FY25, while pension funds, mutual funds, shares and debentures together reached 39%. Yet 68% of household wealth remains in physical assets, highlighting the long runway for financialisation.
Delhi Lakshmi Yojana RD maturity: Check lock-in period date and recurring deposit credit amount for eligible women beneficiaries, aged between 21 and 60 years, credited every month through the selected banking partner.
Bengaluru gamer lost 28 lakh after betting 2.6 croreWhy ITAT rejected tax on 2.33 crore winnings
The ruling came in the case of a Bengaluru-based gamer who had put more than 2 crore into online rummy and poker but ultimately suffered a net loss of nearly 28 lakh
Board exam answer sheets: CIC tells CBSE to charge as per RTI Rules, amend circular
The Central Information Commission ordered CBSE to charge RTI photocopying fees strictly as prescribed. It also directed the board to amend a circular restricting revaluation after obtaining answer sheets. This directive came after a student sought answer script copies due to high re-evaluation costs. The commission found the restriction inconsistent with the transparency law's spirit. CBSE must now align its rules with the RTI Act's overriding effect.
The Central Secretariat Service Forum said it hopes the 8th CPC would consider enhancing contribution and sum assured under the Central Government Employees Group Insurance Scheme (CGEIS) keeping in view higher insurance covers available in the market.
Paint makers expect healthy FY27 demand amid price hikes; competition intensity remains high
Leading paint firms foresee sustained double-digit growth through the festive season. Companies are implementing price increases to manage rising input costs effectively. Demand remains robust from housing and infrastructure sectors, supporting industry projections. Fierce competition persists across all paint market segments.
EPFO members can now generate, activate and authenticate their UAN through the UMANG app using Aadhaar-based face authentication. After activation, members can check their EPF balance, download their passbook, track claims and update KYC digitally.
10 NAV mutual fund looks cheap? Heres why that could be a costly mistake
Is a 10 NAV mutual fund really cheaper? Know why NAV doesnt determine returns and what investors should check before investing.
Trimming equity exposure: how to rebalance risk according to long-term goals
A portfolio that felt comfortable during a market rally may look very different during volatility. But should discomfort alone prompt investors to cut equity exposure?
Andhra Pradesh will release two pending DA instalments, give pension hikes from January 2027, and appoint the 12th Pay Revision Commission among other long-pending demands by state government employees.
EPFO will host a live session on the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) on 8 September at 12 pm. Heres what employees and employers can ask during the session, along with the schemes key benefits, incentives, and eligibility criteria.
Banking on the dollar: How Iran keeps $9bn flowing through US banks despite sanctions
India working to run hydrogen train at up to 110 kmph: Railway Board chief
Indias first hydrogen-powered train could soon run at up to 110 kmph after the Railways completed trials at 120 kmph. The train currently operates at up to 75 kmph on the 89-km Jind-Sonipat route in Haryana.
iPhone 18 Launch: Apples September event is expected to introduce its first foldable iPhone. New Apple Watch and AirPods models could also be unveiled at the launch. The foldable iPhone is rumoured to feature a book-style design with a large internal display. The conventional iPhone 18 Pro models could receive camera and battery upgrades, while new software updates and potentially a smart-home hub are also expected.
Systems in charge: How new asset management companies are using data to tackle manager bias
Emerging asset managers are deploying multi-factor algorithms, alternative datasets, and market-regime rules to eliminate human emotion, but their real-world performance remains to be tested.
PayPal, Oracle, Volkswagen layoffs: How are severance packages taxed in India?
Multinational companies like PayPal, Volkswagen and Oracle are laying off staff in India. Severance pay for affected employees is taxable under Indian law but there are some exemptions. Check full details here.
DP Abhushan targets 51 stores, Rs 15,000 crore revenue by FY30
The company is entering Chhattisgarh with a store in Raipur. In Maharashtra, it is exploring Nagpur and Nasik, and Dahod and Baroda in Gujarat, a company executive said.
Equity mutual funds delivered up to 6% return last week. Check top 10 performers
Your nominee may be outdated: Check these financial accounts now to avoid family disputes later
Nominee details for financial assets should be reviewed periodically to align with current family circumstances. Changes such as marriage, divorce, or the birth of a child impact these decisions. Here are the financial accounts you must check periodically.
India's festive season promises strong show as quick commerce reshapes online shopping battle
Indias festive e-commerce season is expected to deliver healthy spending growth, with premium purchases coexisting with aggressive bargain-hunting. Quick commerce is expanding beyond groceries, non-metro India is driving online demand, and AI is increasingly shaping how consumers discover and buy products.
OPEC+ set to keep oil output policy unchanged on Sunday, sources say
OPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output steps. Ongoing disruptions limit OPEC+'s influence over prices and market share. Production increases have had limited impact due to the war. The group will likely pause output increases for the fourth quarter.
Builder promised 5069 sq ft villa, delivered smaller one; Telangana RERA offers relief to homebuyer
A Hyderabad homebuyer sued a builder for not delivering a promised 5,069 sq ft villa, as he claimed that the property was smaller than what was advertised in the project brochure. Telangana RERA offered relief to the homebuyer and penalised the builder. Details here.
The Supreme Court will hear a plea concerning unpredictable airline fare fluctuations. The government is fast-tracking new aviation rules aimed at modernizing the sector. These rules are expected to be finalized within three weeks for court review. The plea seeks a regulator for transparency and passenger protection. It highlights airlines charging exorbitant fares and reducing baggage allowances.
Maintenance claims: Why courts may look beyond your declared income while deciding payments
A Delhi court has recently upheld 1,840 monthly maintenance, stressing that payments must reflect the spouses genuine financial capacity. The case highlights how courts assess income, evidence, liabilities and family responsibilities when deciding maintenance claims.
Government sells 4,000 tonnes of buffer onions across 17 cities in 10 days to cool prices
The government has sold approximately four thousand tonnes of buffer onions. This subsidized sale is occurring across seventeen cities to curb rising prices. Agencies NCCF and Nafed are distributing stored onions via rail and trucks. Onions are being sold at a subsidized rate of thirty-five rupees per kilogram.
Paradip Port achieves major milestone, berths first capesize vessel with 16.5-Meter Draft
Paradip Port Authority has berthed MV Mineral Kwangyang, its first Capesize vessel with a 16.5-metre draft, carrying 152,702 MT of coking coal from Australia. The milestone highlights the ports deep-draft handling capabilities as Paradip expands infrastructure and mechanisation, with Rs 1,580.36 crore worth of projects aimed at boosting capacity and efficiency.
