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SBI to hire 12,000 personnel, add 250 branches during FY27: Chairman Setty

SBI had hired 4,640 officers, 19,340 associates, and 1,653 contractual staff in 202526, taking the total number of hires to 25,633, as per the bank's annual report for FY26

The Hindu Businessline 6 Sep 2026 11:23 am

Every fourth Jan Dhan account inoperative; 5.72 crore have zero balance: RTI

Nearly 5.72 crore Pradhan Mantri Jan Dhan Yojana accounts currently hold zero balances. Over 15 crore accounts under the scheme are classified as inoperative. Uttar Pradesh leads with the highest number of zero-balance and inoperative accounts. The scheme aims for universal financial inclusion across all households. More than 59 crore accounts hold over Rs 3.15 lakh crore.

The Economic Times 6 Sep 2026 11:22 am

Hyundai Motor India expects 30 pc sales to come from rural markets in 3-4 years: MD & CEO

Hyundai expects rural India to contribute around 30% of its sales within four years, up from 25.9% in Q1FY27. Rural sales grew 23% during the quarter, while six in every 10 new Hyundai outlets are being opened in rural markets.

The Economic Times 6 Sep 2026 11:07 am

RPG Life Sciences to deploy Rs 500 crore in next 12 months to bolster manufacturing, API capabilities

RPG Life Sciences plans to deploy Rs 500 crore over the next 12 months to expand manufacturing and API capabilities through strategic acquisitions, Managing Director Ashok Nair said. The drugmaker has committed Rs 700 crore for expansion and targets Rs 2,000-2,500 crore revenue by 2030, supported by domestic and international growth.

The Economic Times 6 Sep 2026 10:52 am

Novartis India to pursue therapy-aligned acquisitions; eyes expansion in Tier 2 and Tier 3 markets

Novartis India plans acquisitions and deeper market penetration for future growth. The company will focus on five key therapy areas for expansion. Established brands will be brought under full commercial control by 2026-27. Rising chronic diseases and an aging population drive sustained therapy demand. Improved insurance and healthcare infrastructure will unlock new patient demand.

The Economic Times 6 Sep 2026 10:49 am

36.7 lakh missing mobiles traced, but just one-third recovered, shows govt data: What to do if you lose your phone

Losing a smartphone leads to potential loss of sensitive data and personal access. Data reveals only 37% of traced devices are recovered, highlighting significant disparity in recovery rates. Here's what you should do if you lose your mobile.

Livemint 6 Sep 2026 10:39 am

Think a 10,000 income mismatch is too small to matter? Tax expert explains why it could trigger an Income Tax notice

A small 10,000 income mismatch in savings interest, dividends or freelance receipts could trigger an income tax notice. Tax expert urges taxpayers to reconcile AIS and TIS statements before filing returns to avoid compliance hassles and penalties.

Livemint 6 Sep 2026 10:01 am

Bengali Hindu landlord split 1.89 cr rental income between HUF and personal ITR, then got a tax notice here's why

A legal dispute arose over 1.89 crore rental income claimed by a Bengali Hindu landlord under HUF tax status. Despite being challenged by tax authorities, the ITAT Delhi ruled in his favor. Here's what happened. 

Livemint 6 Sep 2026 9:01 am

Think your salary TDS covers everything? How a 15-lakh FD can trigger advance tax penalties on September 15

The issue, the financial planner said, stems from the gap between the bank's basic tax deduction and an investors actual income slab.

Livemint 6 Sep 2026 8:49 am

Retiring at 45? Why the 4% rule may not work for your mutual fund corpus and what early retirees can do

Retiring at 45 can mean funding expenses for 40 years or more, making the withdrawal strategy as important as building the corpus. Experts explain why the 4% rule may not suit early retirees in India. 

Livemint 6 Sep 2026 8:48 am

Hall of Frame: Glasses with bold and distinctive frames are the new corporate accessory

Eyewear is emerging as the new workplace power accessory, replacing traditional markers such as ties, watches and jewellery as a way for professionals to express personality. Bold frames, thicker acetate, stronger silhouettes and colours such as green, navy, oxblood and burgundy are replacing the once-popular rimless and understated styles.

The Economic Times 6 Sep 2026 8:28 am

8th Pay Commission: Why Central Government employees could see a higher bonus calculation

The 8th Pay Commission bonus debate continues to gain momentum as NC-JCM seeks a 21,000 ceiling, while employee groups propose using sector-wise minimum wages to calculate bonuses for central government employees.

Livemint 6 Sep 2026 8:21 am

Debt warning signs: 5 red flags that your borrowing may be getting out of control

Debt can quietly become a financial burden. Here are five warning signs of excessive debt, from minimum credit card payments and high EMIs to borrowing for repayments and using savings for bills.

Livemint 6 Sep 2026 7:46 am

PPF, NSC, KVP or SSY: How many small savings schemes should you have in your investment portfolio

Most investors do not need to hold PPF, NSC, KVP and SSY together, experts say. Choosing one or two schemes based on goals, tax benefits, returns and liquidity can make a portfolio more efficient.

Livemint 6 Sep 2026 7:25 am

Bank holidays this week: SBI, HDFC, ICICI, PNB closed for upto 3 days between 7 - 13 Sep; check RBI holiday calendar

Bank holidays this week: SBI, HDFC, ICICI, PNB and other banks will remain open for upto 4 to 5 days this week. Check RBI calendar for full holiday list.

Livemint 6 Sep 2026 7:04 am

Can a forgotten 500 bill damage your credit history? This is what borrowers should know

A forgotten 500 bill may not immediately damage your credit score, but prolonged or repeated payment delays can affect credit history. Learn five practical steps to clear dues, check reports and protect your credit health.

Livemint 6 Sep 2026 6:32 am

Investments & Markets

The Economic Times 6 Sep 2026 5:37 am

Theres a lot riding on cos getting rural 2-wheeler mix right

Two-wheeler companies face complex rural stocking challenges for the upcoming festive season. Rural markets account for over half of industry sales, with varied product preferences across regions. Electric vehicle demand is concentrated in select states, adding another stocking layer. Manufacturers must ensure the right product mix is available in the right locations. This strategic stocking is critical for meeting diverse rural demand during peak sales.

The Economic Times 6 Sep 2026 5:30 am

Warning needed for even single excess ingredient: Plea in SC seeks changes to FSSAI rules

In a significant legal move, a Supreme Court petition is calling for the FSSAI's food warning labels to be implemented in full, without delay. Opposing a gradual rollout, it emphasizes the urgency for immediate labeling on nutrient-dense products. Additionally, it advocates for clearer labels indicating total sugar, salt, and fat, stressing the need for larger bilingual warnings to foster informed consumer decisions and encourage healthier eating habits.

The Economic Times 6 Sep 2026 5:30 am

Coal shortage deepens power crisis in Punjab, generation drops by 1,500 MW: Minister

Punjab's power generation has declined by 1,500 MW due to a national coal shortage. Major thermal plants are operating at reduced capacity, impacting electricity supply across the state. The central government's reduced coal supply has worsened the situation for key power facilities. Power cuts are being imposed in domestic and industrial sectors due to this crisis. The state government demands immediate central government action to resolve the coal shortage.

The Economic Times 6 Sep 2026 12:41 am

Coal India offers road route to power plants to augment coal supplies

Coal India is offering extra coal to power plants facing stock depletion. This move aims to boost supplies during a challenging summer season. The company has adequate coal stocks and is opening new supply routes. Production and supply are increasing as monsoon rains ease. Coal India supplied more coal year-on-year during April-August.

The Economic Times 6 Sep 2026 12:02 am

Indian companies willing to pay more for the right talent, 77% firms plan to expand global hiring, finds report

Indian companies are willing to pay more for the right talent, and 77% of those surveyed by Deel said they plan to expand global hiring for access to specialised talent, proximity to customers, and round-the-clock operations.

Livemint 5 Sep 2026 11:55 pm

Global hotel chains step up India presence as luxury demand rises

Multiple global hotel chains are gearing up to establish their presence in India, while current hospitality brands are rolling out new luxury and lifestyle properties. Dusit made its much-anticipated return to India last year, and Hyatt is actively exploring potential sites. Both Marriott and Hilton are set to introduce fresh hotel brands in the market, alongside IHG Hotels & Resorts and ITC Hotels, who are also launching exciting new offerings.

The Economic Times 5 Sep 2026 11:53 pm

Seized Abhayrab vials not manufactured by company: Indian Immunologicals Limited

Indian Immunologicals Limited has asserted that the rabies vaccine vials in question were not produced by their facility. Following a potency test failure, a batch was labeled substandard by the drug regulator. IIL emphasized that the Central Drugs Laboratory in Kasauli had assessed and approved the batch. The company identified seventeen discrepancies between the seized vials and their retention samples.

The Economic Times 5 Sep 2026 11:29 pm

Shift to small cities, digital applications: Tier 2 and Tier 3 cities account for 64% of home-loan volumes: Report

Smaller cities are set to drive India's next home loan growth wave, amid increased number of digital lending applications. Tier 2 and 3 cities accounted for 64% of the home-loan volumes in 2025, as per an industry report. 

Livemint 5 Sep 2026 11:17 pm

Andhra Pradesh DA hike: 2 pending instalments, pension boost; what changes for govt employees from October?

The government has also decided to pay employees the money due for surrendered leave from 2022 by the Sankranti festival.

Livemint 5 Sep 2026 10:53 pm

Gold price outlook: What lies ahead for the yellow metal? Here's what Goldman Sachs says on bull run prediction

Gold's bull run continues despite a recent loss of momentum, driven by uncertainty around the Federal Reserve and the US-Iran conflict. Goldman Sachs remains optimistic as central bank gold purchases surge, supporting prices. 

Livemint 5 Sep 2026 10:36 pm

Jio eyes global markets after 10 years

New Delhi: After setting a strong foot in the country, digital services major Jio has now set its sights on the global market with made-in-India tech across connectivity, digital products, enterprise solutions, and artificial intelligence, a top company official said on Saturday.Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani, in a letter to employees on 10 years of Jio, said the organisation has built the foundation of Digital India at an unprecedented scale, accelerated the country's transition to 5G, connected homes and businesses while continuing to expand technology for the people of the nation.Jio today is much more than a telecom company. We are building original technology in India across connectivity, digital products, enterprise solutions and AI. The opportunity before us is to continue making the benefits of technology accessible at scale, taking these technologies global and strengthening India's position as a creator of technology for the world, Ambani said.Jio started the commercial rollout of mobile services on September 5, 2016, through Reliance Jio Infocomm. It was the first time voice calls were made free in the country.Ten years ago, Jio began with a bold vision and purpose set by our Chairman Mukesh Ambani: to make high-quality digital connectivity affordable and accessible to every Indian. Ten years on, that conviction has changed India, and I feel a deep sense of pride and gratitude for how far we have come together, Ambani said.The company started a trial of the Reliance Jio network with employees from December 28, 2015, which was later extended to friends and employees of Reliance Industries.Even after the commercial launch, the services were free under a company scheme for all subscribers for the next six months.The company crossed 50 million subscribers in 83 days of commercial launch and 100 million in less than six months.As part of restructuring, Reliance Jio became a subsidiary of Jio Platform, which was incorporated in November 2019.The company had 533.3 million customers as of June 30, 2026.Ambani said the story of Jio was written by the people who built it.Every day, teams across Jio have taken on difficult challenges, questioned established ways of doing things, created new products and technologies, and served our customers with commitment. That willingness to think differently, move with speed and keep the customer at the centre of everything we do has shaped Jio from the very beginning, he said.Jio is now among the largest data operators globally, carrying over 23 exabytes of data traffic every month.It has become the fastest-growing connectivity subscriber base in the world outside China, with net additions of nearly 500 million over the decade, which is more than the top three US telecom operators added put together, and over 1.3 times the nearest Indian competitor.

The Economic Times 5 Sep 2026 9:51 pm

EPFO: Check withdrawal rules for members, conditions for partial withdrawal, how to make PF claims Stepwise guide

Here's a look at the EPFO's provident fund withdrawal process for members from conditions for partial withdrawal, minimum balance required, limits, types of claims, which forms to submit, and more.

Livemint 5 Sep 2026 9:28 pm

Gold paused not peaked, record run could be ahead: Goldman Sachs

Recent fluctuations in gold prices have emerged, primarily due to the ambiguous stance of the Federal Reserve and escalating conflicts in Iran. Central banks are responding by ramping up gold purchases, reinforcing the fundamental bullish market sentiment. This surge in demand effectively consumes a substantial fraction of the yearly gold output.

The Economic Times 5 Sep 2026 8:40 pm

Unknown SIM linked to your Aadhaar? Check before it's too late; here's how to identify

With the growing misuse of identity documents, it is important to regularly check how many mobile numbers are registered in your name.

Livemint 5 Sep 2026 8:07 pm

Pension pending since 1996! Here's how spouses of two defence retirees received arrears of over 48 lakh

Department of Pension and Pensioners Welfare conducted Special Campaign 3 and successfully resolved 2,306 cases of family pensions, disability pensions, war injury element arrears, among other claims. 

Livemint 5 Sep 2026 7:41 pm

Punjab DA hike: Which govt employees will get jump from 42% to 60%? Check details here

Punjab has proposed hiking dearness allowance of 85,000 state government employees from 42% to 60%, according to Cabinet Minister Aman Arora. Recommendation will be sent to CM Mann for final approval. 

Livemint 5 Sep 2026 5:57 pm

Auto component suppliers sit on Rs 98,000 cr inventory, says report

Indian auto component firms hold significant inventory, potentially releasing billions through better management. Many MSMEs need to invest more in future growth capabilities. Existing plant capacity is underutilized due to operational inefficiencies. Unlocking cash and improving business economics will drive future supplier growth. This will enable continuous investment in capabilities for the evolving automotive value chain.

The Economic Times 5 Sep 2026 5:27 pm

Highest senior citizen FD interest rates up to 8.50 in 2026: Top 5 fixed deposit rates from PSU, private and small finance banks

Highest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESAF, and Suryoday Small Finance Banks provide 8.50% interest. Public sector banks like Bank of India offer competitive rates on specific tenures.

The Economic Times 5 Sep 2026 4:37 pm

7th Pay Commission DA hike: What is AICPI-IW? Why it matters so much for amount calculation for central govt employees

7th Pay Commission DA hike: What is the AICPI-IW? We explain its significance and why it matters so much for salary amount calculation for central government employees and pensioners in India.

Livemint 5 Sep 2026 4:31 pm

Tata-owned JLR to cut 4,000 jobs in the UK amid sales and tariff pressures

Tata-owned Jaguar Land Rover plans to cut about 4,000 UK jobs over two years as it targets 1.7 billion in savings. The move comes as JLR battles weaker sales, rising costs and US tariffs in North America, its biggest market.

The Economic Times 5 Sep 2026 4:25 pm

Edelweiss MFs Altiva Equity Long Short Fund to launch September 10, Radhika Gupta explains strategy

Edelweiss Mutual Fund will launch Altiva Equity Long Short Fund on September 10, targeting consistent large-cap alpha through derivatives. The strategy seeks Nifty 100 outperformance, lower drawdowns and steadier returns, while potentially sacrificing some gains during sharp market rallies.

The Economic Times 5 Sep 2026 3:33 pm

GIFT IFSC strengthens role as international banking hub, sees bigger role in Viksit Bharat funding

The financial centre raised about $54.2 billion in overseas funds through GIFT IFSC after the RBI allowed India to seek capital abroad

The Hindu Businessline 5 Sep 2026 3:24 pm

Insurance fraud: 15 lakh landed in senior citizens account, HC said mere receipt of money doesnt prove guilt

A 78-year-old retired IFS officer got 15.15 lakh in his bank account linked to an alleged insurance fraud. The Madhya Pradesh High Court granted him anticipatory bail, saying merely receiving crime proceeds did not prove knowing involvement.

Livemint 5 Sep 2026 3:15 pm

A French giant heads back to India after 12 years with bigger bets

Carrefour is back in India, but it is not rebuilding the hypermarket business it abandoned in 2014. This time, the French retailer is betting on smaller stores, local products, private labels and eventually quick commercetaking on Reliance, DMart, Blinkit and others with profitability, rather than scale alone, at the centre of its strategy.

The Economic Times 5 Sep 2026 3:10 pm

ITR deadline for businesses and professionals: Who gets time until October 31 to file their returns?

The ITR filing deadline for businesses and professionals is later than the due date for most individual taxpayers. Taxpayers subject to audit have until October 31, 2026. Full list here.

Livemint 5 Sep 2026 3:07 pm

EPF account rules: When does an EPFO account become inoperative, and what should members do?

EPF account rules explained: Know when an EPFO account becomes inoperative, when interest stops, and how members can withdraw or transfer their PF balance using Form 19, Form 13 and other EPFO services.

Livemint 5 Sep 2026 3:06 pm

Whitefield-Tughlakabad container train to cut freight transit time by 30%

A new weekly container train service has been launched from Bengaluru to Delhi. This service aims to strengthen domestic freight movement and improve logistics connectivity. The train guarantees a transit time of 166 hours for the 2,500-km journey. Industries across Karnataka and Tamil Nadu will benefit from this predictable link. This initiative is expected to lower logistics costs and improve delivery predictability for businesses.

The Economic Times 5 Sep 2026 3:05 pm

Credit-risk funds deliver 8.97% 3-year returns, highest among debt funds. Should you invest? Experts flag key risks

Credit-risk funds delivered 8.97% returns over three years, emerging as the best-performing debt mutual fund category amid improving corporate fundamentals. Experts caution that higher returns come with greater credit, downgrade and liquidity risks, making portfolio quality crucial for investors.

Livemint 5 Sep 2026 2:49 pm

Protein Mini Scooper: Small packs, big push to make nutrition affordable

Companies are introducing smaller, affordable protein food packs to boost consumption. These convenient options cater to discerning Indian consumers seeking more protein. Brands are making protein-rich foods accessible through smaller formats and lower entry prices. Even naturally protein-rich foods are being packaged in smaller, economical portions. This market shift prioritizes affordability and convenience alongside protein content.

The Economic Times 5 Sep 2026 2:42 pm

8th Pay Commission: Level 5 staff could see 15,768 monthly HRA gain under the proposed 40% rate

Pay Level 5 central government employees could see their monthly HRA rise by nearly 15,800 under a proposed 40% HRA rate and 2.1 fitment factor if accepted. Still, the final figures will depend on the 8th Pay Commissions recommendations.

Livemint 5 Sep 2026 2:25 pm

Bengaluru man gets tax demand on 2.33 crore online gaming winnings: What convinced ITAT to rule in his favour

After failing to report 2.33 crore in gaming winnings, a Bengaluru taxpayer faced an income tax notice. Although the tax officer deemed the winnings taxable, the assessee ended up winning the case. Here's what happened.

Livemint 5 Sep 2026 2:19 pm

HSBC Midcap among 5 midcap funds that delivered over 21% CAGR in 3 years. Do you own any?

Five midcap mutual funds delivered over 21% annualised returns in three years, led by HSBC Midcap at 25.1%. Invesco India, ICICI Prudential, WhiteOak Capital and Edelweiss Mid Cap also featured among top performers.

The Economic Times 5 Sep 2026 2:06 pm

Luxury watchmakers face a Gen-Z problem

The Economic Times 5 Sep 2026 1:57 pm

Only one overseas fund is accepting new investors now; Baroda BNP Paribas Aqua reopens for SIPs and lump sums

Baroda BNP Paribas Aqua has reopened for fresh investments from 1 September, becoming the only overseas equity fund among 60 to accept new investors. Heres what the reopening means for lump-sum investors and new SIPs, and why 59 other international funds remain closed.

Livemint 5 Sep 2026 1:31 pm

Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMA

Electronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles are increasingly electronic, requiring new component capabilities. Indian suppliers can build expertise in sensors and control units. This shift offers substantial localization and growth potential for the industry.

The Economic Times 5 Sep 2026 1:14 pm

Stocks struggle, but these multi-asset funds score big: Whats driving returns?

Multi-asset allocation funds have outperformed the Nifty over one and three years, helped by strong gold, REIT and InvIT returns. Their diversified portfolios provide flexibility across equities, fixed income, precious metals and alternatives, with Quant, Nippon India, WhiteOak, ABSL and UTI among top three-year performers.

The Economic Times 5 Sep 2026 12:47 pm

Paying over 50,000 rent per month? Here's what tenants must do to avoid income tax penalty, interest

Tenants paying high rent must deduct 2% TDS before making the payment to the landlord. Failure to comply can result in penalties and interest charges. Full details here.

Livemint 5 Sep 2026 12:38 pm

Coal ministry rebuts 'no takers' reports on Rs 37,500 crore gasification scheme, confirms TFL, NTPC applications

The coal ministry has denied reports of no applications for its coal gasification incentive scheme. Talcher Fertilisers Limited and NTPC Limited have submitted applications, contradicting earlier claims. The application window remains open until September 7, with more expected soon. This scheme aims to reduce import dependence and boost domestic production. It anticipates significant investment and job creation across numerous projects.

The Economic Times 5 Sep 2026 12:30 pm

RBI approves LIC to acquire up to 9.99% stake in ICICI Bank

The Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's share capital. This approval is valid for one year from the RBI's letter date. The central bank's approval will stand cancelled if not utilized within this period. This acquisition is subject to compliance with all applicable regulatory provisions.

The Economic Times 5 Sep 2026 12:17 pm

Gold rate today: Check 18k, 20k, 22k, 24k gold prices (September 5, 2026) at Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and IBJA

Gold rate today: Consumers are encouraged to verify purity and any additional fees prior to purchasing. The Indian Bullion & Jewellers Association also offers guidance on indicative rates for assorted gold and silver purities.

The Economic Times 5 Sep 2026 12:10 pm

India's passenger vehicle market tilts towards cleaner fuels; alternatives cross petrol: Report

Cleaner-fuel vehicles now account for 42 percent of passenger car sales in India. This marks the first time these alternatives have outsold petrol-powered vehicles. Petrol's market share dropped to a record low of 41 percent in August. Compressed natural gas vehicles saw their share rise to 25 percent. Electric car sales increased significantly, reaching 7.7 percent penetration.

The Economic Times 5 Sep 2026 12:00 pm

ITAT says genuine F&O profits cannot be called bogus without evidence linking traders to manipulation

Mumbai ITAT has ruled that genuine F&O and commodity trading profits cannot be treated as bogus accommodation entries without specific evidence. The decision stresses independent verification by tax officers and offers important clarity for retail traders facing reassessment.

Livemint 5 Sep 2026 11:32 am

SGB 2021-22 Series VI: RBI fixes 15,334 redemption price, 1 lakh investment gains over 227% in 5 years

SGB 2021-22 Series VI investors can opt for premature redemption on 7 September 2026 at 15,334 per unit. The gold bond was issued at 4,682 for online investors, translating into a 227% price gain, excluding interest.

Livemint 5 Sep 2026 11:32 am

Vikas Khemanis Carnelian Asset Management files draft document with Sebi for its first fund

Carnelian Asset Management has filed documents with Sebi to launch its first liquid mutual fund, targeting short-term investors seeking high liquidity and low-to-moderate risk. The open-ended scheme will invest in debt and money-market instruments maturing within 91 days, expanding Carnelians offerings to retail investors.

The Economic Times 5 Sep 2026 11:19 am

Planning early retirement in India? Experts explain the right equity allocation, SIP strategy and portfolio approach

Early retirement in India requires more than high income. Experts suggest a disciplined savings strategy, a 7080% equity allocation when retirement is 1520 years away, and gradual de-risking as the goal approaches.

Livemint 5 Sep 2026 11:00 am

Tenant deducted TDS on rent, but it never reached govt: Can landlord lose tax credit? Here's what ITAT recently ruled

A Delhi-based property owner was denied tax credit after her tenant deducted TDS but didn't pay it to the government. Here's what ITAT Delhi ruled.

Livemint 5 Sep 2026 10:45 am

Explained: Looking to start a mutual fund SIP? Know the different types and which one suits you

SIPs offer disciplined mutual fund investing, with options tailored to different goals, income patterns and market conditions. Regular, top-up, goal-based, step-up, flex, perpetual, trigger and multi-SIPs provide varying levels of flexibility, automation and diversification. Choosing the right type depends on financial goals, cash flow, risk appetite, investment horizon and market knowledge.

The Economic Times 5 Sep 2026 10:36 am

EPFO: Check EPF balance; download passbook, activate UAN & more; 5 EPF services available on Umang app

The EPFO has now made it possible for users to generate and activate their UAN directly via the UMANG app. This innovative approach incorporates Aadhaar-based facial recognition, streamlining access to essential EPFO services. After activating their UAN, employees can easily check their EPF balance and download passbooks.

The Economic Times 5 Sep 2026 10:32 am

Parag Parikh Flexi Cap, HDFC Flexi Cap among 8 flexicap funds with consistent performance in 5 years

Eight flexicap funds delivered consistent five-year performance, with varying risk levels, investment styles and returns. HDFC Flexi Cap led consistency at 91%, while several peers combined strong returns with acceptable or higher risk profiles.

The Economic Times 5 Sep 2026 10:24 am

Builder advertised 5069 sq ft villa but delivered 3900 sq ft: Telangana RERA orders it to refund Rs 20 lakh and pay Rs 98 lakh penalty

As per the sale agreement, the villa measured 5069 square feet, but the builder delivered a 3900 square feet villa and said 30% of the area is open space; Telangana RERA slaps a Rs 98 lakh penalty on the builder and orders a Rs 20 lakh refund for the villa buyer. Laxmi Narayana Jannu and K. Srinivasa Rao, esteemed members of the Telangana RERA gave this judgement.

The Economic Times 5 Sep 2026 9:48 am

228% return on SGB premature redemption date today: Gold bond turns Rs 1 lakh investment into nearly Rs 3.28 lakh

The Reserve Bank of India has announced the premature redemption terms for the SGB 2021-22 Series VI gold bond. Investors can redeem this series starting September 7, 2026, with the redemption value calculated from the average gold prices over the last three business days.

The Economic Times 5 Sep 2026 9:42 am

Supreme Court sets aside 425 crore penalty over fake legal citations, says material appears to be hallucination of AI

The Supreme Court set aside a 425.27 crore customs penalty after finding that the order relied on AI-generated legal material. The diamond trader will now face fresh adjudication by a different customs officer, while the court warned against relying on unverified AI-generated case law.

Livemint 5 Sep 2026 9:31 am

Planning to quit your job at 40? Know what happens to your EPF balance and interest after leaving work

Leaving your job at 40 does not necessarily stop EPF interest immediately. Under current EPFO guidance, an eligible EPF balance can continue earning interest until you turn 58.

Livemint 5 Sep 2026 8:58 am

Nitin Gadkari allows old vehicle owners to fit a Rs 5,000 device to bring BS-III, BS-IV diesel trucks, buses closer to BS-VI emission levels

Union Road Transport Minister Nitin Gadkari has announced that owners of old diesel trucks and buses will be allowed to retrofit their vehicles with a low-cost emission-control device developed from an IIT-Delhi innovation. The device, priced at around Rs 4,000-5,000, can cut particulate matter emissions by up to 90% and nitrogen oxide emissions by 60%, bringing BS-III, BS-IV and older diesel vehicles close to BS-VI emission levels.

The Economic Times 5 Sep 2026 8:49 am

Hindu undivided family tax benefits: Can salaried individuals also take advantage of them? Details here

Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn't lower tax liability. Here's whether salaried individuals can form one. 

Livemint 5 Sep 2026 8:45 am

25L bank deposit lands Bengaluru woman in tax trouble; officer links it to property sale here's how she won

Income tax authorities questioned a 25 lakh deposit by a Bengaluru resident. The cash deposit was subsequently treated as unexplained money and added back to her income. Here's why ITAT Bangalore still ruled in her favour.

Livemint 5 Sep 2026 8:40 am

Want Rs 1 crore retirement corpus by 50? Monthly SIP you need to make at 30, 35 and 40 years of age

To amass a retirement corpus of Rs 1 crore by the age of fifty, meticulous financial planning is essential. For those starting their investment journey at thirty, a monthly SIP of Rs 10,875 is crucial. If you begin at thirty-five, the amount needed increases to Rs 21,020 per month, and forty-year-olds will require a hefty Rs 46,640 monthly.

The Economic Times 5 Sep 2026 8:20 am

EMI affordability: When does an affordable monthly payment become unaffordable? Experts explain

A manageable EMI is about more than a low monthly payment. Experts explain the 30% EMI rule, debt risks and how borrowers can assess loan affordability while protecting savings and financial security. Seeking professional guidance is a must when faced with financial hardships. 

Livemint 5 Sep 2026 7:59 am

Occupancy Certificate withheld by Bengaluru civic body after landowner refused land for road widening: Landowner fights back and gets relief from Karnataka HC

Bengaluru land owner was asked to give up 656 sq m land for road widening work; Corporation withheld OC because of this issue; Owner took the matter to Karnataka High Court and won the case

The Economic Times 5 Sep 2026 7:23 am

Saturday bank holiday: Are SBI, HDFC Bank, ICICI Bank, Canara Bank and PNB open or closed today on September 5, 2026?

Scheduled and non-scheduled banks typically close on the second and fourth Saturdays, digital banking services will remain active even on holidays. Furthermore, various regional holidays in September will affect physical branch availability, but customers can continue to perform transactions via internet and SMS banking.

The Economic Times 5 Sep 2026 7:00 am

Govt flags Abhayrab rabies vaccine batch as substandard, probes if spurious, document shows

India's drug regulator has flagged a batch of Abhayrab rabies vaccine as substandard. This finding marks the second time concerns have been raised about counterfeit Abhayrab doses. The government's Central Drugs Laboratory found the vaccine did not meet potency requirements. Significant differences were noted between the sampled product and a reference sample. The regulator is investigating whether the vaccine is spurious under Indian law.

The Economic Times 5 Sep 2026 6:25 am

Beer gets its buzz going as spirits market sobers up

State-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.

The Economic Times 5 Sep 2026 5:30 am

PVR INOX executive shown door in April after probe into alleged developer kickbacks

A senior PVR INOX executive was asked to leave in April after an internal probe. Allegations suggest kickbacks from developers involved in building cinema properties. These alleged payments reportedly occurred over several years and could total 200 crore. The investigation also aims to determine the full extent of the wrongdoing. The company's board has discussed these serious matters in recent meetings.

The Economic Times 5 Sep 2026 5:30 am

Phuket-Delhi flight: Probe finds hydraulic failure; pilot sacked

A preliminary probe found a hydraulic failure on a Phuket-Delhi flight. This incident caused altitude changes and triggered warnings, injuring 24 people. The pilot-in-command was sacked after testing positive for a psychoactive substance. Air India has begun voluntary pilot testing and maintains zero tolerance. Investigators are examining the Power Transfer Unit and maintenance records.

The Economic Times 5 Sep 2026 5:30 am

Stellantis in talks with Huawei and JAC Group for Maserati's future, sources say

Automaker Stellantis is discussing long-term industrial cooperation for its Maserati brand. Chinese firms Huawei and JAC Group are reportedly involved in these ongoing talks. This potential partnership aims to boost production rates at Italian manufacturing plants. Maserati, which faced losses last year, will present its own strategy soon. Stellantis stated discussions occur to offer customers better mobility choices.

The Economic Times 5 Sep 2026 1:32 am

Kia looks to roll out multiple powertrains to meet India demand

Kia India is preparing electric, hybrid, and CNG models for the Indian market. The company acknowledges a huge burden in predicting customer powertrain preferences. Its new Sorento SUV launches with hybrid and diesel options. Kia plans further hybrid and electric vehicle introductions by 2030. Affordability will significantly influence electrified powertrain market penetration.

The Economic Times 5 Sep 2026 1:26 am

HUL bets on cost cuts, brand push to revive its growth: MD

Hindustan Unilever plans to boost growth by increasing capital expenditure and focusing on key areas. The company will invest more in brands, distribution, and new product categories. Premiumization and expanding into new market spaces will drive future turnover. HUL aims to improve margins and operating efficiencies for reinvestment. This strategy targets increased consumption and a shift towards higher-value products.

The Economic Times 5 Sep 2026 1:25 am

Shalimar acquires 3-acre Lucknow land parcel for 450 crore, highest in tier 2 city

Shalimar Corp has acquired a three-acre land parcel in Lucknow for 450 crore. This acquisition marks a significant deal within tier two cities. Developers are actively acquiring land in prime locations due to rising demand. Consumers now seek planned neighborhoods with quality construction and modern amenities. This trend indicates a new wave of real estate growth in tier two cities.

The Economic Times 5 Sep 2026 1:14 am

Telco operators reject quality of service norms for 5G slicing

Telecom operators oppose Trai's draft quality of service norms for 5G network slicing. They argue proposed resource utilization benchmarks should be entirely dropped by the regulator. Public advocacy groups, however, believe these benchmarks can be retained as safeguards. Operators state that actual customer impact is captured via speed and throughput metrics. They believe rigid cell-level thresholds create artificial network constraints and misallocate capital.

The Economic Times 5 Sep 2026 1:08 am

Govindas get bigger safety net for Dahi Handi celebrations

Govindas participating in Dahi Handi celebrations now have doubled accidental hospitalisation cover. This increased protection comes with an unchanged premium of seventy-five rupees per person. Over 151,000 Govindas are covered this year, an increase from last year's participation. The policy provides ten lakh rupees for accidental death or permanent total disability. Coverage extends to training sessions and travel after the festival concludes.

The Economic Times 5 Sep 2026 12:43 am

New renewable energy units may need to store 10% power for 2 hours

According to the draft amendment to the Central Electricity Authority (Technical Standards for Construction of Electric Plants and Electric Lines) Regulations, plants commissioned from July 2027 are required to install the co-located storage.

The Economic Times 5 Sep 2026 12:10 am