23 C 
From 1 October, households need biometric Aadhaar verification to keep accessing LPG subsidies, affecting 14.2 kg refills. Also, revised NPS charges and changes to ATM transactions for SBI customers will be implemented.
Trai mandates telcos to take action against spammers identified by their AI-based caller ID
Trai has tightened rules against spam calls, mandating telecom operators to act on callers flagged as suspected spammers by AI-based systems even without consumer complaints. Under the new rules, first-time violations can lead to a 15-day outgoing service ban, while repeat offenders may face disconnection of all telecom resources for a year and blacklisting. The rules also introduce changes to spam-call blocking preferences and A2P call charges.
Bank strike deferred: Check if banks across India, including State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Yes Bank and the cooperative banks will remain open on Tuesday-Wednesday i.e. 29-30 October.
Motilal Oswal Private Wealth has suggested a 50:40:10 allocation across mid- and small-cap, hybrid, and large-cap, and global equity funds. It favours lump-sum investments in hybrid funds and a staggered approach for pure equity funds over the next 23 months.
Traffic challan recovery: Supreme Court has suggested linking unpaid traffic e-challans to electricity bills as a possible way to recover nearly Rs 20,000 crore in outstanding fines. The bench of Justices J B Pardiwala and K V Viswanathan also proposed flagging vehicles with unpaid challans on the Parivahan portal, restricting ownership transfers and conducting random checks to improve traffic fine recovery.
MetLife stake deal deemed approved; Bain and Olin proposals await CCI review
MetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing it under the green channel. CCI is also examining Bain Capitals investment in Millennia Realtors and the RMZ group.
Tax audit reports are filed using Form 3CA-3CD or 3CB-3CD, but the choice depends on specific conditions. With the deadline extended to 21 October, taxpayers should know which form applies to them and what they should do if they make an error.
Housing sales fell 2% in H1 2026, even as new launches rose 7% and the average ticket size edged up 2% to 1.41 crore. The data suggests buyers have more homes to compare, but there is no broad-based fall in prices yet. City-level trends vary sharply.
Oberoi Hotels to open luxury resort in Saudi Arabias Wadi Safar in 2027
Oberoi Hotels & Resorts will open The Oberoi Sukoonvilas in Wadi Safar, Saudi Arabia in 2027. The luxury resort is located around 30 minutes from Riyadh and will feature 60 standalone villas and 10 branded residences. This property is significant as it will be the first hotel in Wadi Safar and aligns with Diriyah's vision. The resort aims to provide a unique hospitality experience rooted in local heritage and culture.
Disclosing foreign assets or income under FAST-DS 2026 is just the first step: Here's how to pay tax
FAST-DS 2026 allows eligible taxpayers to disclose certain previously undisclosed foreign assets or income. Those making a valid declaration must follow a prescribed payment process. Heres what taxpayers need to know about ITNS 289 and the steps involved in making the tax payment.
The CBDT has extended the ITR and tax audit deadlines for a specific category of taxpayers for AY 2026-27. The move gives eligible taxpayers additional time to complete their audit-related compliance and file their returns. Heres what taxpayers need to know.
IndusInd Bank launches GCC Banking vertical with five core capabilities
The new vertical combines specialised banking capabilities as Indias GCC ecosystem expands in scale, strategic importance and sophistication
Assam, Bihar, Tamil Nadu, Sikkim, West Bengal and more Today we take a look at the full list of states that have announced DA and DR hikes this year, besides paying arrears for employees and pensioners.
The CBDT has extended deadlines for certain taxpayers' audits for the assessment year 2026-27. Check new dates.
The retail bond inversion: Why small savers are taking risks institutions reject
While institutional money sticks to AAA paper, retail investors are being funnelled into lower-rated debt. Nobody engineered this, but it needs fixing.
Can you withdraw 100% of your corpus in the National Pension System? Check annuity rules, death benefits and more.
NFO Update: ICICI Prudential Mutual Fund announces launch of contra fund
ICICI Prudential Mutual Fund launched a contra fund focused on research-driven, non-consensus opportunities in underperforming assets. The NFO closes October 12, with minimum investment of Rs 1,000. The open-ended equity scheme targets long-term investors and can invest across market capitalisations, alongside limited exposure to debt, commodities and InvITs.
For Gen Z, buying a home is increasingly a question of affordability rather than aspiration. Property prices have risen faster than incomes in several cities, while the supply of homes below 50 lakh has fallen sharply.
NFO Alert: Mirae Asset Mutual Fund launches Mirae Asset Life Cycle Fund 2056
Mirae Asset Mutual Fund launched the Life Cycle Fund 2056, an open-ended scheme with a predetermined maturity and mandatory glide path. The NFO closes October 12, with investments starting at Rs 5,000. The fund dynamically shifts allocations from equity toward debt, arbitrage and commodities as the 2056 maturity approaches.
Five hybrid funds feature among India's 10 largest equity and hybrid mutual fund schemes by AUM, together managing around 4.35 lakh crore. Here's where investors' biggest mutual fund pools are sitting and how these schemes have performed over three, five and 10 years.
Beyond premiums: here is how your health insurance is rated
What does a health insurance plan promise? How reliably has the insurer delivered on claims? Here is how you can find a plan that best fits your familys needs.
Your risk profile is not what you tick. It is what you did when markets fell
A risk questionnaire captures what investors think they will do in a crisis. Their transactions reveal what they actually do. That history can help build a portfolio they can stick with.
IndusInd Bank launches dedicated GCC banking vertical
IndusInd Bank, today, announced the launch of its dedicated GCC Banking vertical, a pioneering proposition for India's Global Capability Centre ecosystem. By bringing together corporate and employee banking capabilities under a dedicated GCC relationship model, the Bank offers a more integrated and specialised approach to serving the unique requirements of GCCs. Supported by digital-first platforms, responsive service and India-focused advisory expertise, the offering delivers a seamless banking experience, giving GCCs access to a comprehensive suite of solutions through a single banking partner.
Jefferies names Max Financial as its top insurance pick, sees 41% upside despite target cut
Jefferies has moved Max Financial Services to the top of its life insurance picks, retaining a Buy rating despite cutting its target price. The brokerage expects regulatory changes to have a manageable impact on growth and sees further opportunities through Axis Bank.
5 of Indias top 10 mutual fund schemes are hybrids. What's driving their popularity?
Hybrid mutual funds are gaining investor attention, with assets under management rising sharply in recent years. Five hybrid schemes feature among the top 10 funds by AUM, offering diversification and lower portfolio volatility.
FIIs cut stake in 12 smallcap stocks over 2 quarters; shares fall up to 50% in CY26
Hotmail co-founder Sabeer Bhatia calls for an inheritance tax in India, asserting that true opportunity should arise from individual accomplishments instead of family wealth. Details here.
Behind bigger price tags hides a fault line in Indias growth story
Indias consumer durables face a third price hike in 2026 as copper, steel, aluminium, resin, logistics and energy costs surge. LG, Daikin, Voltas, Samsung and Godrej are raising appliance prices ahead of Diwali. The pressure exposes Indias dependence on imported components and highlights why deeper localisation, domestic manufacturing and stronger supply chains are critical to containing global cost shocks.
JetSynthesys, Japans MIXI sign MOU to explore gaming collaboration in India
JetSynthesys has signed an MoU with Japans MIXI to explore collaboration across gaming, esports, digital entertainment, marketing and potential strategic investments in India. The partnership aims to combine JetSynthesys local market expertise with MIXIs global gaming experience as India emerges as a key growth market for digital entertainment.
Housing sales rise 3% to over 1 lakh units across top seven cities in Q3: Anarock
Housing sales in India's major cities rose by 3 percent during the July to September quarter of 2026. Overall sales in value terms increased by 2 percent compared to the previous year. Notably, the Mumbai Metropolitan Region and Bengaluru showed significant growth in sales. However, declines were observed in Delhi-NCR, Pune, Chennai, and Kolkata during the same period.
The Supreme Court has declined to grant an interim stay on the governments new merchant discount rate policy. This policy imposes a 0.4% charge on specific Unified Payments Interface transactions exceeding Rs 2,000. The decision comes as a public interest litigation challenges the legality of this levy. Notices have been issued to the government and financial organizations involved. The new policy is set to take effect on October 15.
IndusInd Bank eyes Indias 2,117 GCCs with new banking vertical
IndusInd Bank has introduced a new banking vertical specifically for Global Capability Centres within India. This initiative aims to address the growing banking needs of these centres as they expand. The vertical integrates corporate and employee banking into a unified relationship. It also includes foreign-currency account services to meet cross-border transaction requirements. IndusInd Bank's approach reflects the evolving landscape of the GCC ecosystem in the country.
An analysis of 189 equity mutual funds found 19 schemes delivering over 15% CAGR across three, five and seven years. The group comprised nine midcap, seven smallcap, two largecap and midcap and one ELSS fund, highlighting sustained long-term performance across multiple equity categories, though the exercise is not an investment recommendation.
Gold rate today: 24k vs 22k vs 20k vs 18k prices
Smaller players flag Irdais new expense caps
V-Guard appoints Mithun Chittilappilly as chairman
Tax audit deadline September 30: Why AIS, TDS and GST figures may not match your ITR and what to do
Tax audit deadline is September 30 for applicable taxpayers. Before filing, taxpayers should reconcile their books with GST returns, AIS, TIS and Form 26AS. Mismatches can arise from timing differences, duplicate or incorrect reporting, while unresolved TDS discrepancies can affect tax credits.
EPF wage ceiling: Will the Rs 25,000 limit reduce your take-home pay?
Office space leasing rises 9 per cent to 18.7 mn sq ft in Jul-Sep across top 7 cities: Colliers
Gross office leasing across seven major cities in India increased by 9 per cent in the third quarter. Bengaluru and Delhi-NCR experienced significant growth, with leasing rising to 5.2 million and 3.3 million square feet, respectively. Hyderabad saw a notable increase in leasing activity, reaching 2.2 million square feet, while Kolkata's numbers surged four-fold to 0.4 million square feet.
SC reserves verdict on FSSAIs front-of-pack food labelling rules, seeks final submissions
The Supreme Court has reserved its judgment concerning the proposed front-of-pack labelling framework for packaged foods. This framework aims to highlight warnings on products high in sugar, fat, and salt. During the hearing, an NGO's counsel suggested that thresholds should consider total sugar and total fat instead of just added components. The court has directed all parties to submit their final written arguments within three days.
Indias organized retail market gets bigger, more experience-led
India's organized retail real estate is seeing substantial changes as it moves towards a more mature phase. The market is experiencing an increase in demand for experience-oriented categories and larger malls. Bengaluru is currently the largest organized retail market among major cities in India. Upcoming supply of shopping malls is expected to reach 40.4 million square feet by 2030.
8th Pay Commission salary calculator: Can Level 8 pay cross 1.5 lakh a month?
Tamil Nadu's CM S. Joseph Vijay will launch the gold ring scheme for newborns at Government Rajaji Hospital in Madurai on September 28. Full details here.
HDFC Bank shares fall 2% as banking stocks decline amid market slump
HDFC Bank traded at 722.05 down 1.8% at 10:47 am, after opening 731.60; The days intraday low was 721.40, with a range of 721.40733.00
Can HUF save tax? Check what new tax law says
Akasa Air says no impact as fresh Boeing 737 MAX software glitch emerges
In light of a software issue affecting the Boeing 737 MAX planes, Akasa Air has confirmed the safety of its operations. The airline is in close coordination with Boeing to resolve the matter efficiently. With a total of 43 aircraft in its fleet and future deliveries planned over the next ten years, Akasa strives for a 30% capacity boost by March 2027, ensuring passenger and crew safety remains paramount.
LG Electronics to hike AC prices by 5-7 per cent from Oct 1 ahead of festive season
LG Electronics India has announced a price rise for air conditioners starting October 1. The increase will be between 5 to 7 percent ahead of the festive season. While other consumer electronics manufacturers have also raised prices, LG has not announced changes for its other products. Industry executives have indicated that rising material costs and inflation are affecting profit margins.
7 aggressive hybrid funds delivered 12%+ 5-year SIP returns; Bank of India led with 16.5%
Seven aggressive hybrid funds delivered 12% or more in five-year SIP returns, led by Bank of India Aggressive Hybrid Fund at 16.50%. However, performance varied widely among the categorys largest schemes, with HDFC Aggressive Hybrid Fund returning 5.99% and ICICI Prudential delivering 12.26%.
Food giants oppose red warning labels for high salt, sugar and fat, cite non-veg confusion
India should reconsider the red colour of its proposed warning labels on packaged foods as it can confuse consumers who associate the colour with non-vegetarian ingredient markings, food companies in India have told the Supreme Court.
WhiteOak Capital Mutual Fund has launched an innovative Fund of Funds that focuses on small-cap mutual funds. This initiative seeks to achieve long-term capital growth by diversifying investments across a variety of active small-cap funds. Skilled fund managers will oversee the portfolio, adjusting investments according to performance and risk dynamics.
Best medium duration mutual funds to invest in September 2026
As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, these schemes are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon.
When Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs 7.65 lakh income, this raised many red flags within the income tax systems. He wins case in ITAT Delhi.
ET EXPLAINER: How RBIs new valuation rules change the way banks view REITs, InvITs
The Reserve Bank of India has amended the valuation framework for Real Estate Investment Trusts and Infrastructure Investment Trusts. These changes are meant to enhance consistency in how banks and All India Financial Institutions value these investments. For quoted units, existing regulatory frameworks apply, while unquoted units are valued based on disclosed net asset value.
Zen Technologies among 3 stocks that closed crossing above VWAP
On September 25, three Nifty 500 stocks closed more than 1.5% above their VWAPs, indicating stronger closing prices relative to their volume-weighted average traded prices during the session.
Gold and silver prices in India witnessed a sharp drop during early trading hours on Monday. Check retail rates of the precious metals in top metro cities of the country.
The Chennai ITAT deleted an 85.30 lakh tax addition on cash gifts after the taxpayer produced gift deeds, ITRs and financial statements, while all five donors confirmed the gifts. The tribunal said the initial burden under Section 68 was discharged.
After home run, South and West developers tap NCR to drive growth
The NCR region is rapidly becoming a strategic playground for real estate developers hailing from South and West India, spurring significant growth ventures. Renowned brands such as Prestige Group and Sobha are poised to make their mark amidst fierce competition, taking advantage of burgeoning opportunities. With buyers placing a premium on developer credibility and quality, the landscape is shifting.
Dibrugarh set to resume international cargo movement on Brahmaputra after nearly 80 years
Dibrugarh is set to resume international cargo movement through the Brahmaputra river, transporting methanol to Bangladesh. Two vessels are prepared for this operation, carrying 1,080 tonnes of methanol from Bogibeel. The journey spans approximately 783 kilometres and is expected to take about seven days. This initiative aims to revitalize trade connections previously established during British rule. The expanded cargo transport will support local producers by opening international market access.
Tech Mahindra Share Price Live Updates: Tech Mahindra Stock Details
'Use by date' mandatory for loose sweets in Uttar Pradesh: UP Food Department
Uttar Pradesh's Food Safety and Drug Administration will require sweets to display a 'Use by Date'. This measure focuses on open or loose sweets, which previously lacked such a requirement. Inspections found that consumers often did not receive proper information about the date of manufacture or expiry. Additionally, a ban on using ethylene glycol in milk processing has been enforced due to health risks.
Customers may not be able to use UPI at mobile stores on October 2; why retailers are protesting
Mobile retailers have called for a 'No UPI Day' protest on October 2, during which customers may not be able to use UPI for making payments at mobile shops. Here's why the protest is happening and what are their demands.
Sun Pharma Share Price Live Updates: Sun Pharma's Price Movement Today
ITC Share Price Live Updates: ITC's Recent Stock Performance
In a recent meeting held on September 27, the Indian Banks' Association and the United Forum of Bank Unions engaged in crucial talks about an impending bank strike. While the three-day nationwide strike was postponed rather than cancelled, both parties have committed to establishing a high-level committee.
Asian Paints Share Price Live Updates: Asian Paints Daily Price Change
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Price Movement Analysis
Kotak Bank Share Price Live Updates: Kotak Bank's Current Trading Status
Coal India Share Price Live Updates: Coal India Price and Performance Insights
M&M Share Price Live Updates: M&M Stock Price and Returns Overview
Divis Labs Share Price Live Updates: Divis Labs Market Performance Snapshot
Britannia Share Price Live Updates: Britannia's Price Declines to New Low
JSW Steel Share Price Live Updates: JSW Steel's Recent Decline Below 100-Day EMA
An IndiGo flight from Guwahati encountered a tail strike during a landing attempt in Bengaluru. The incident occurred amid challenging weather conditions at Kempegowda International Airport on Sunday. Fortunately, all passengers and crew members were safe and successfully disembarked from the aircraft. The Airbus A321 involved in the incident will undergo maintenance checks before resuming operations. The relevant authorities have been informed about the situation for further review.
Why did bank unions defer 3-day strike: The three-day bank strike planned for September 28 to 30 has been deferred after the IBA and UFBU met on Sunday night. Check what key decisions were taken on 5-day banking, all Saturdays as holidays, incentive scheme for senior officers and other demands by bank unions.
An 89-year-old retired principal said 20.33 lakh deposited in his bank accounts represented hostel fees collected for an education society, with only 2,251 left as surplus. The ITAT has sent the case back to the tax officer to verify the records and determine who actually owned the money.
The September 30 deadline for taxpayers to submit tax audit reports is approaching, with no extensions granted yet. Here's the penalty for late filing.
Banks are expected to remain open on September 28 as the proposed strike has been deferred. This decision follows discussions between the United Forum of Bank Unions and the Indian Banks Association. A high-level committee will be formed to address pending demands, including holiday declarations for Saturdays. Customers should verify branch timings and local arrangements before visiting their banks.
Hospital-insurer clash puts cashless claims at risk
Inflated bills, delayed approvals, arbitrary deductions. As hospitals and insurers trade charges, policyholders are left footing the bill. What will it take to fix the system?
What happens to gold prices when US Fed hikes rates?
Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why US interest-rate hikes can affect gold prices, and what it means for Indian investors.
India to continue diesel exports as US ban looms
India remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges due to geopolitical conflicts impacting supply. Pump prices in the US have surged, leading to speculation about an export ban on diesel. India has overtaken Russia as a top diesel supplier, accounting for significant global shipments.
Hurun India Rich List 2026: Adani overtakes Ambani
According to the M3M Hurun India Rich List 2026, India's wealth has soared to an impressive Rs. 187.5 lakh crore, with Gautam Adani now eclipsing Mukesh Ambani in the wealth hierarchy. LN Mittal also reports major financial gains.
Alpha leads factor indices as defensives lag in 2026
Welcome to TrendMap, your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of factor-based investment strategies. The annual returns are ranked for 6 key NSE Factor indices, with a broad-based index, Nifty 500, thrown in for comparison. This map shows that no single-factor strategy consistently outperforms, making a strong case for diversification.By Sameer Bhardwaj.
MF-PMS: Sebi opens 25 lakh investment route
The Securities and Exchange Board of India has launched the Portfolio Managers Route for Investing in Mutual Fund units (PRIM), enabling portfolio managers to handle clients' investments in direct mutual fund plans starting from a minimum amount of Rs.25 lakh. This initiative seeks to boost investor access and flexibility, offering a wider array of investment choices.
IRDAI proposes overhaul of insurance distribution
The customer-centric proposals aim to increase transparency, cut distribution costs and reduce insurer expenses.
Gold loan: Check these before pledging your jewellery
Cheap, quick and no credit check needed, yet your jewellery could be at risk.
Retirement: Why costs & compounding matter most
A status match essentially allows one loyalty programme to recognise your credentials from another. Instead of spending 50 nights at a hotel chain or flying dozens of sectors with an airline to reach elite status, you show that another company already considers you a valuable customer. The new programme may then grant you equivalent status, usually for a limited period.
Your funds average return is lying to you
Two funds, both averaging 5%. One left you Rs.11,000 richer. Heres why
Leaving UAE? Your money needs an exit plan
Tax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
How travel cards build bank relationships
A bank can afford to give an affluent customer a highly rewarding credit card if that card helps persuade the customer to consolidate assets with the lender. The other advantage is that a credit card is one of the most visible products a bank gives a customer. Every transaction reinforces the relationship with the bank.
Hybrid funds boom, but advisers remain divided
Tax efficiency and stability win some advisers over, but others fear giving up returns and control.
