29 C 
Mutual fund flows over the last 12 months show a mixed picture across equity, debt, and hybrid categories. Some categories attracted substantial money despite negative returns, while others saw outflows even after delivering positive returns.
US Federal Reserves Anna Paulson sees scope for more interest rate hikes amid inflation risks
Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high, with underlying inflation at about 2.5 to 3%. Paulson characterized the US economy as relatively strong despite external pressures from tariffs and the Middle East conflict. Policymakers expect one further rate increase by the end of the year to manage inflation levels.
Reliance to raise Rs 10,000 crore next week as companies rush to tap surplus bank liquidity
Reliance Industries Limited is planning to raise 10,000 crore next week through a ten-year maturity bond. Other firms, including Adani Airport Holdings, will raise significant funds as well this Friday. The increasing number of companies tapping debt indicates the surplus liquidity in the banking system. This trend is occurring ahead of the Reserve Bank of India's monetary policy decision on October 7.
Six international mutual funds are reopening for fresh subscriptions after periodic restrictions on overseas investments. With some schemes delivering double-digit returns over the past year, investors may be tempted to invest. Here's what you should check before putting money in.
JSW One plans over 3,000-crore IPO, files papers
The proposed public issue was disclosed by JSW One in a filing late Thursday
Reviewing coverage, sum insured, healthcare requirements and premiums can help ensure uninterrupted protection
Credit card spending falls 2.8% in August as new card additions slow
In August, credit card spending decreased by 2.8% to 2.02 lakh crore from July's 2.08 lakh crore. While year-on-year spending saw an increase of 5.9% compared to August 2025, the trend indicates moderation. Additionally, banks added 1.19 million new credit cards, down 5.6% from July's figures. This brings the total credit card tally to 124.1 million at the month's end.
To determine adequate coverage, families must evaluate how much financial backing is necessary if the primary breadwinner's income vanishes.
From 15 October, UPI transactions of more than 2,000 for debt collection, including loan repayments and EMI collections, will attract a 5 MDR. The charge is on the merchant side, not the borrower. Heres how it applies to EMIs, AutoPay and credit-linked UPI payments.
Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors
In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open on September 25 with a set price range of Rs 30-32 per share. Major allocations were made to funds like Negen Undiscovered Value Fund and Singularity Growth Opportunities Fund II.
Five entities divest 11.05% stake in Sedemac Mechatronics for 1,469 crore
The powertrain controls and auto parts manufacturer saw its shares gain nearly 10 per cent on the NSE after the deals
UPI fee could recover up to Rs 15,000 crore annually while keeping most transactions free
National Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about 13,000-15,000 crore of annual costs while most transactions remain free. According to CEO Dilip Asbe, 80% of the MDR would come from large businesses already accepting credit cards. He noted that reintroducing charges after six years of zero MDR is necessary due to slowed investments.
SEBI has approved a new route allowing portfolio managers to build portfolios using mutual funds, ETFs, index funds and SIFs. With a minimum investment of 25 lakh, PRIM could offer investors a professionally managed alternative to investing directly in mutual funds.
Axis Bank readies major customer-connect initiative to mark World Tourism Day
Axis Bank is set to launch an extensive outreach program across India, spotlighting tourism and hospitality sectors in Goa. The initiative plans to engage over 5,000 customers and honour approximately 1,000 entrepreneurs.
GST Council to take view on 18% levy on UPI merchant fees: Report
The GST Council will meet on October 7 to discuss GST levy on UPI merchant fees exceeding Rs 2,000. The government has proposed a 0.4 percent merchant discount rate that will apply from October 15. This merchant discount rate will be capped at Rs 300 and is considered a taxable service under GST. Merchants will be able to claim Input Tax Credit on the GST paid on the merchant fees.
FSSAI moves to stop dairy analogues from being sold as paneer
This comes against the backdrop of concerns regarding the rising use of paneer analogue a cheaper substitute mainly made from palm oil, milk powder, starch, and emulsifiers, instead of fresh milk.
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebis board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries a Rs 25 lakh minimum ticket size and expands PMS portfolio construction options beyond direct equities.
HDFC MF bets on PB Fintech, buys stake worth Rs 321 crore as IRDAI reforms trigger 36% stock rout
HDFC Mutual Fund bought 25 lakh PB Fintech shares worth about Rs 321 crore at Rs 1,282.30 each, even as the stock plunged 36% after IRDAI proposed renewed insurance commission caps, raising concerns over the companys general insurance revenues.
Filed your tax audit report for AY 2026-27? It may still need a closer look before the 30 September deadline. From reporting details to disclosure requirements, here are the key errors taxpayers should check and what experts say about correcting them.
Proposed 0.4% UPI merchant fee will not be passed to consumers: Report
Government sources clarified that the proposed merchant fee on UPI transactions above Rs 2,000 will not affect consumers. National Payments Corporation of India noted that a small portion of UPI transactions might be impacted. The amount collected will be shared among banks and stakeholders within the UPI ecosystem. The Indian Banks' Association plans to address misunderstandings about the charges soon.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs, crude stayed above $100 and geopolitical concerns intensified. Financial stocks led losses, while market breadth remained heavily negative.
Sebi expands bullion vaulting framework to ETFs, derivatives; vault manager net worth raised
Sebi expanded its vault managers framework beyond Electronic Gold Receipts to cover bullion underlying specified ETFs and derivatives, while raising vault managers net-worth requirement to Rs 75 crore and strengthening security, segregation, compliance and governance requirements.
Indian households spend differently depending on why they travel, with some trips costing significantly more than others. MoSPIs latest tourism expenditure survey reveals where the biggest expenses are coming from and how spending patterns differ between rural and urban households.
IRDAI proposes clawback of commissions in case of mis-selling
Under the proposed framework, distributors could be rewarded for the quality of sales and servicing, while commissions could be clawed back in cases of mis-selling. The regulator has also proposed greater accountability for individual sales staff by tagging their identity to policies sold and putting information on mis-selling incidents in the public domain.
Four Godrej family members buy 1 pc stake in Godrej Consumer for Rs 900 cr
Nadir Burjor Godrej and Adi Godrej's heirs recently acquired a 1 percent stake in Godrej Consumer Products, purchasing 1,02,30,000 shares at Rs 880 each, totaling over Rs 900 crore. This transaction occurred via block deals from two entities within the promoter group. Notably, despite this shift in shareholding, the overall ownership percentage among the promoters remained unchanged.
Sebi gets over 3,000 comments in closing auction review, chairman says
India's markets regulator has received about 3,500 responses to proposed changes in the closing auction session framework, its chairman Tuhin Kanta Pandey said on Thursday. A short
Proposed commission caps from the Insurance Regulatory and Development Authority of India could severely impact PB Fintech's revenue. The company anticipates a potential reduction in income from general insurance to 33-40% of current levels. As a response, PB Fintech plans to enhance cost control measures and shift its focus toward profitability.
Market Trading Guide: Allied Blenders among 3 stock recommendations for Friday
Indian equities ended higher as investors focused on domestic growth momentum despite crude volatility and geopolitical risks. For Friday, analysts recommended Texmaco Rail, South Indian Bank and Allied Blenders.
Crude surge, insurance reforms trigger 1.7% market slide
With global yields remaining elevated and commodity prices showing renewed strength, market sentiment is likely to remain cautious in the immediate term
What Nithin Kamath sees as the biggest risk for broking after Irdai shock
Zerodha co-founder Nithin Kamath said regulatory risk is the biggest threat for regulated financial businesses, citing IRDAIs proposed insurance commission changes. He warned that regulatory shifts affecting broking, F&O, client float and MTF can rapidly alter business economics and valuations.
MGM Resorts shares tumble 10% after Diller's People withdraws $18 billion bid
Shares of MGM Resorts fell significantly after the withdrawal of an $18 billion buyout offer from People Inc. According to Barry Diller, the proposed buy was not developing as anticipated. The deal was aimed at expanding People Inc's operations beyond traditional media ventures. MGM owns significant assets on the Las Vegas Strip, but its growth has been inconsistent recently.
Nifty hits over five-month low as banks, NBFCs slide amid high oil prices
Nifty suffers its steepest single-day fall since July 8 as Brent crude nears $105 a barrel and selling in banks and NBFCs intensifies
US stocks: US stocks open lower as oil gains on Mideast uncertainty, eyes on Trump-Xi talks
Wall Street's main stock indexes fell as Middle East tensions weighed on financial markets. Oil prices have risen, which is causing a spike in Treasury yields during this period. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all opened lower this morning. Investors are also showing caution ahead of a significant summit between Donald Trump and Xi Jinping.
NSE sees no change in duties as listed entity; to protect market integrity, public interest:Chairman
The National Stock Exchange recently celebrated a milestone with its highly anticipated IPO, entering the stock market with shares opening at Rs 1,800, surpassing the issue price of Rs 1,785. The chairperson and CEO expressed a commitment to prioritizing public interest while driving growth, as the IPO drew impressive institutional interest, reflecting strong investor belief in the exchange's promising future.
Sebi board approves FPI play in non-agri commodity derivatives, changes PMS rules
India has officially permitted foreign investors to trade in physically settled contracts for non-farm commodities, aiming to enhance liquidity in the market and align with international standards. Concurrently, portfolio managers are now authorized to manage overseas assets and invest in foreign securities. Strict regulations will ensure that these foreign investors do not partake in the actual delivery of commodities.
Sebi cancels registration of Religare Capital Mkts, 11 others for non-payment of renewal fee
Sebi has revoked the registrations of Religare Capital Markets and 11 other entities due to their failure to pay required renewal fees for research analyst registrations. The fees were due between May 2024 and November 2025. Although these entities responded to show-cause notices, they could not substantiate their claims of non-payment, prompting Sebi to take measures to protect investors from potential misuses of expired registrations.
The IPO price band has been fixed at 159-167 per share; the fresh issue of 53.99 lakh shares will raise up to 90.17 crore at the upper end of the price band
Sebi approves reforms to PMS regulations, settlement proceedings
The regulator has also approved allowing foreign portfolio investors to participate in non-agricultural commodity derivatives, along with a common advertisement code
Allied Blenders among 7 stocks that hit 52-week highs and rallied up to 17% in a month
Seven BSE 500 stocks hit fresh 52-week highs despite a sharp 1,247-point Sensex decline on Thursday. Allied Blenders, Carborundum Universal, Caplin Point Laboratories, Laurus Labs, Shyam Metalics, Aurobindo Pharma and GNFC recorded notable monthly gains.
H2FY27 hiring intent seen at 5.4%, e-commerce leads growth: Report
TeamLease says 60 per cent of employers plan to expand their workforce in H2 FY27, with e-commerce and technology start-ups recording the strongest outlook
Flexi-cap mutual funds saw a wide variation in one-year performance even as the Nifty 500 declined. While several schemes delivered positive returns, some slipped into negative territory. Heres a look at how individual schemes fared against the benchmark.
NPCI says no immediate plan to review MDR, charges needed to fund technology and cybersecurity
The NPCI is unlikely to modify the reintroduced MDR charges on UPI transactions, emphasizing the need for investment in technology and security. Despite concerns over costs potentially affecting customers, Asbe believes transaction volumes could grow as industry reinvests in the ecosystem.
Reserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deployment is likely driven by anticipated strong credit demand during the festive season. The RBI will not direct banks towards specific sectors for fund utilization, allowing for discretion based on credit proposals. Jain emphasized that credit demand is broad-based across different sectors, indicating a healthy economic environment.
Indian equities ended sharply lower, with the Nifty falling 1.64% and Sensex 1.67%, as rising bond yields and crude prices pressured sentiment. Broader indices declined, India VIX surged 22%, financial stocks led losses, and market breadth remained firmly negative.
Rupee falls 22 paise as crude, dollar demand rise
The rupee weakened 22 paise to 95.96 per dollar as strong importer demand, rising crude prices and global bond yields pressured the currency. Traders said RBI intervened through state-owned banks, while US-Iran tensions raised inflation and rate-hike concerns.
Treasury rout, oil spike bleed Indian bonds; 10-year yield jumps most in over 2 months
Bond yields in India have surged following a notable uptick in US Treasury yields and escalating oil prices. With inflationary pressures mounting from higher oil costs, concerns regarding Indias economic stability have grown. Analysts predict that the Reserve Bank of India may enact a rate hike in the forthcoming monetary policy meeting, with expectations for the terminal repo rate to potentially rise from 5.75% to 6.
NSE debuts at 1,800; MD & CEO says India's growth will drive exchange
NSE shares closed at Rs 1,818 after debuting at Rs 1,800 on BSE, giving the exchange a market capitalisation of Rs 4.5 trillion after a decade-long listing wait
Traders in Madhya Pradesh observed No UPI Day on Wednesday. They were seeking an immediate withdrawal of the imposed MDR fees on UPI transactions.
Jio-BP, Nayara impose diesel purchase limits at select pumps as crude prices surge
Jio-BP and Nayara Energy have capped diesel sales at select outlets as crude crosses $117/barrel, squeezing OMC margins by 9/litre. PSU retailers (IOC, BPCL, HPCL) 90% of stations continue to sell without restrictions. Saudi Aramco's pipeline attack disrupts supply further.
CJ Darcl eyes 10% revenue growth, expands into new logistics verticals
IPO-bound CJ Darcl is expanding into a trucker marketplace, alternative fuels, EVs and warehousing as it looks to sustain its revenue growth momentum
NFO Update: Motilal Oswal Mutual Fund launches Nifty REITs & Realty index fund
Motilal Oswal Mutual Fund is launching the Nifty REITs & Realty Index Fund, an open-ended scheme tracking the Nifty REITs & Realty TRI. The NFO opens September 25 and closes October 9, offering rules-based exposure to listed REITs and realty stocks.
Mint Explainer | Are AI companies reshaping Indias ad market?
Digital ad impressions rose 44% in January-July, with services, software, and AI companies expanding the market beyond e-commerce.
How to refuse money requests from family and friends without destroying relationships
Lending money to friends and family without clear terms often leads to unreturned funds, damaged relationships, and personal stress. Learning to say no through clear boundaries, delaying responses, and offering alternative solutions can protect both your finances and personal bonds.
Can you make payments without internet connectivity? RBIs offline e-rupee initiative explained
RBI is exploring offline e-rupee transactions using Bluetooth and NFC, allowing digital payments without internet connectivity. Details here.
The battle of bourses: NSE shook Dalal Street, beat BSE's broker club
The NSE listed its own shares on the BSE on Thursday, 34 years after its incorporation, marking an ironic milestone for the exchange created to challenge the BSEs dominance. The story of NSE began with Manohar J. Pherwani, who proposed a national, computerised exchange after the 1991 economic reforms.
NSE duties unchanged after listing, exchange role will prevail: Chairman
National Stock Exchange (NSE), post its listing on the BSE on Thursday, does not see any change in its duties as a stock trading marketplace and responsibilities as a commercial entity, but if the two lines intersect, the former will have an overriding advantage, its chairperson Srinivas Injeti said. He also said that NSE as an institution has contributed immensely in transforming the Indian capital market from a relatively small market serving a privileged few to a nationwide and vibrant capital market today. Earlier in the day, the National Stock Exchange made its historic debut at the BSE with its shares listing at Rs 1,800 apiece, up by 0.84 per cent from the issue price of Rs 1,785. The public issue marked a significant milestone for the NSE, whose listing plans had remained stalled for nearly a decade amid regulatory hurdles, including those linked to the co-location controversy. Often there is a lot of debate whether a public utility like an exchange should get listed. Whet
Macquarie sees low growth, market share losses for Angel One; here's why
Macquarie remains 'neutral' on Angel One stock as it believes continued market-share losses, with the need to increase marketing spend, will weigh on growth and profitability.
Global Market: European shares edge lower as Middle East tensions, US-China talks in focus
European shares fell amid investor caution as tensions in the Middle East affecting energy markets persisted. Oil prices remained above $100 per barrel, providing some support to the energy sector. Aerospace and defence stocks faced pressure, contributing to the overall decline in equities. Additionally, investors monitored the upcoming meeting between Donald Trump and Xi Jinping regarding trade relations.
A joint home loan can help spouses increase their borrowing eligibility by combining their incomes, while also allowing them to share EMI payments. But higher eligibility does not mean couples should borrow the maximum, as both borrowers share the repayment responsibility.
U.S. 30-year bond yield rises to highest since 2004 as selloff deepens
Long-dated US Treasury bond yields reached their highest levels since 2004 as bond prices fell. This increase followed data indicating strong US growth combined with rising inflation concerns. Traders reacted by anticipating further rate hikes from the Federal Reserve. Global yields also surged amid worries over high government debt levels and escalating energy prices. Continued geopolitical tensions have contributed to the prolonged pressure on bond markets.
Japan stocks rise as technology shares lead gains
Global interest in AI stocks remained strong after Metas Muse personal AI agent renewed investor interest in the sector and supported demand for AI infrastructure. In Japan, Ibiden jumped 14.6%, while Advantest gained 3.2%, Tokyo Electron rose 1.5%, Lasertec added 1.8% and Murata Manufacturing increased 0.8%.
Arkade Developers completes two years of listing
Achieves 500% growth in projected GDV at Rs 18,000 cr over two years period
Mutual fund SIP AUM rose 23% YoY to Rs 18.62 lakh crore in August 2026, while SIP flows as a share of gross equity flows hit a two-year high of 43%. Aggregate SIP flows for the 12 months ended August grew 17% YoY to Rs 3.7 lakh crore, the Franklin Templeton report said.
US stocks face rate-hike jitters as investors assess Fed's policy path
US stocks face renewed volatility as investors assess the Federal Reserves rate-hike path and its impact on economic growth and corporate earnings. Historical data show the S&P 500 often weakens initially after the first rate increase, although longer-term performance has generally remained positive when economic and earnings growth stay resilient.
Buzzing stock: Raymond hits record high in weak market; up 95% in 4 weeks
Raymond's share price hit a new all-time high at 1,196.75, rallying 7% in Thursday's intra-day deals on the BSE.
Make in India shifts focus to deeper manufacturing capabilities, global competitiveness: CII
CII said Indias manufacturing sector is shifting from simply expanding capacity to building domestic supply chains, developing technology and integrating deeper with global markets as Make in India completes 12 years.
Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stake by Rs 1,809 crore in a single session. The sell-off follows IRDAI's proposed overhaul of insurance distributor commission structures and crackdown on digital dark patterns.
NSE shares gained up to 5% on debut day, lifting the value of stakes held by ace investors including Radhakishan Damani, Dolly Khanna, Raamdeo Agrawal and Motilal Oswal. Damanis 1.58% stake was worth over Rs 7,340 crore at the days high, while brokerages retained a positive outlook on NSE.
US Market: Is 6% the new threshold for Treasury yields?
The recent climb of the 10-year Treasury yield past 5% has sparked fears of possible market destabilization. Investors are closely analyzing the relationship between Treasury yields and asset valuations amid this turbulent climate. Historical trends show that sharp yield increases often precede notable market downturns. Additionally, emerging markets may face heightened challenges as rising U.S. Treasury yields influence capital flows.
UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes
NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.
Banks in India will close for multiple days in October due to holidays, including national and regional observances. The RBI's holiday calendar outlines numerous non-working days affecting banks across various states.
IRDAI has proposed rules with the aim of providing clearer choices for borrowers considering insurance cover for their loans. Check full details here.
Veranda fixes record date for scheme of arrangement
Record date is 06 October 2026
Insurance stocks tumble as IRDAI proposes overhaul of distribution economics
Insurance stocks came under pressure on Thursday after the Insurance Regulatory and Development Authority of India (IRDAI) proposed changes to insurance distribution.
Nazara Technologies Ltd spurts 1.06%, rises for third straight session
Nazara Technologies Ltd is quoting at Rs 376.65, up 1.06% on the day as on 12:49 IST on the NSE. The stock is up 35% in last one year as compared to a 6.91% fall in NIFTY and a 1.4% fall in the Nifty Media index.
NTPC Green Energy Ltd soars 0.23%, gains for fifth straight session
NTPC Green Energy Ltd is quoting at Rs 95.64, up 0.23% on the day as on 12:44 IST on the NSE. The stock is down 5.98% in last one year as compared to a 6.9% jump in NIFTY and a 6.19% jump in the Nifty Energy.
Hero Motors Ltd leads gainers in 'B' group
Aeroflex Neu Ltd, EKI Energy Services Ltd, Priority Jewels Ltd and Lambodhara Textiles Ltd are among the other gainers in the BSE's 'B' group today, 24 September 2026.
Corporate NPS: why India needs to flip the retirement savings default
Corporate NPS offers tax benefits, low costs and long-term returns, yet only 56% of eligible private-sector employees participate. The answer may lie in changing one thing: the default.
Moneyview IPO nearly fully subscribed on day 1, brokerages bullish
The bidding for the Moneyview IPO opened on September 24, 2026, and will close on September 28, 2026. The allotment is expected to be finalised on September 29, 2026.
Buying a luxury car is not just about comparing the price of a new model with a pre-owned one. Buyers should consider depreciation, loan interest, insurance, maintenance, warranty, repair costs and resale value to understand the actual cost of ownership.
Board of Minda Corporation approves sale of investment in EVQ Point Solutions
At meeting held on 24 September 2026
Proposed 0.4% UPI MDR could recover Rs 15,000 crore in first year: NPCI chief
Gold may have pushed silver into the spotlight, but the shift is not just about price. Younger Indians, in particular, are looking at silver differently, seeking jewellery they can experiment with and wear more often something that is harder to do with gold at current prices.
Billionaire Ambani's Reliance Industries eyes Rs 10,000 cr debt fundraise: Sources
Reliance Industries plans to raise around Rs 10,000 crore ($1.04 billion) via 10-year rupee-denominated bonds at a 7.90% annual coupon. Following a recent Rs 12,000 crore 5-year debt issuance, the oil-to-telecom major aims to secure funding ahead of the RBIs October 7 monetary policy meeting amid favourable local yields.
22, 24 carat Gold prices down across other cities on September 24
Nifty breakout from 23,000-23,600 range to set market trend: Sachin Gupta
Among the broader indices, Sachin Gupta of Choice Broking expects Nifty Smallcap to outperform, based on the current chart setup. Among sectors, he sees relative strength in pharma and healthcare.
22, 24 carat Gold prices down across metro cities on September 24
Allied Blenders stock surges 6% as promoter offloads 55 lakh shares to meet MPS norms
Abu Dhabi Investment Authority and SBI Mutual Fund emerge as major buyers
Benchmarks at the day's low; European markets edge lower
The benchmark indices continued their downward slide in afternoon trade, as rising oil prices, elevated US Treasury yields and losses across European and Asian markets weighed on domestic equities. Investors also tracked key regulatory and market developments. The Nifty slipped below the 23,200 level.
Banks, NBFC insurance income at risk on Irdai fee caps
Irdais proposed insurance commission caps could sharply cut distribution income for banks and NBFCs, especially from credit-life policies, while ending compulsory loan-insurance bundling. The proposals may pressure earnings at lenders and insurers, triggering a sell-off in related stocks.
