ICICI Bank receives 49 crore demand from West Bengal tax authority

ICICI Bank says it will contest the order

Second major bank heist in Vijayapura, 21 crore looted from SBI branch

The SBI theft occurred around 6.30 p.m, armed with knives and country-made pistols, they threatened the manager, cashier and other employees before tying up 10 people

ARCs to see higher retail NPA acquisitions in FY26, says industry body chief

Led by reforms, private credit market to grow faster: S&P Global

The clout of private credit funds is rapidly increasing in India, alongside their capacity to reach underserved borrowers, due to their ability to structure solutions for the unique funding needs and irregular cash flows of businesses

Fed rate cut to mark pivot toward job market

The US Federal Reserve is expected to cut interest rates by 25 bps on Wednesday to support a weakening labor market, balancing tariff-driven inflation concerns, political pressure, and internal policy disagreements on employment and growth outlook.

IRDAI launches Bima Sugam: One-stop insurance marketplace, heres how it works

IRDAI has officially launched the much-awaited Bima Sugam portal, aiming to revolutionise India's insurance landscape. This one-stop digital marketplace seeks to enhance transparency and efficiency for consumers, insurers, and intermediaries. Bima Sugam will enable policyholders to compare and purchase various insurance policies, with claim settlement and policy renewal features planned as well.

VinFast India partners with ICICI Bank to deliver financing solutions

The partnership aims to offer a seamless suite of credit solutions for the companys recently launched VF 6 and VF 7 models

IRDAI Chairman Ajay Seth launches Bima Sugam website, first digital public infrastructure in insurance

It is an innovative digital platform that develops and integrates advanced technologies to automate and digitise the processes for multiple stakeholders

Indiabulls AMC, others settle AIF rules violations case with Sebi, pay Rs 1.43 cr

Erstwhile Indiabulls Asset Management Company (now known as Groww AMC), its schemes and former officials on Wednesday settled a case with Sebi pertaining to alleged violations of alternative investment fund rules after collectively paying Rs 1.43 crore.

Unified Pension Scheme explained: VRS rules, assured payout timeline, last date to migrate from NPS

RBI constitutes Regulatory Review Cell to strengthen institutional mechanism for review of regulations

The RRC will be set up in the Department of Regulation effect from October 1, 2025 and would undertake the review of regulations in a phased manner

MFs diversify across 12 industries in August, with financial services at the top

Mutual funds top five industry allocations in August 2025 include financial services (29.53%), consumer discretionary (18.76%), industrials (9.35%), healthcare (7.74%), and IT (7.68%), totaling Rs 47.45 lakh crore.

Ethereum traders add MAGACOIN FINANCE to watchlists as Layer Brett lags in ROI outlook

As Ethereum stabilizes, traders eye altcoins for Q4 2025 gains, debating between utility-driven Layer Brett and community-backed MAGACOIN FINANCE. Layer Brett offers structured growth with institutional backing, while MAGACOIN FINANCE promises a potential 2000% ROI, fueled by FOMO and community traction. The choice reflects the classic crypto dilemma: fundamentals versus hype.

ICICI Pru MF among 6 AMCs to receive over Rs 1,000 cr inflows from top30 cities in Aug

Six mutual funds, led by ICICI Prudential, saw over Rs 1,000 crore inflows from top 30 cities in August, boosting monthly AAUM, while 24 fund houses experienced outflows.

Why your income tax refund is delayed? In how many days can you get it after filing ITR? Here's how to check refund status

Income tax refund: Taxpayers await income tax refunds after the September 16, 2025, deadline. E-verification starts the refund process. Refunds usually arrive in four to five weeks. Delays occur due to data mismatches or incorrect bank details. Check refund status on the Income Tax portal. Ensure bank details are pre-validated and PAN is linked to Aadhaar. There is no upper limit on refunds.

South Indian Bank launches UPI-based GST payment facility on the GST portal

The new service will enable taxpayers to make GST payments seamlessly using UPI

SBI completes 8,889-crore divestment of 13.19% stake in Yes Bank to SMBC

Indias largest bank will continue to remain a shareholder in Yes Bank with a shareholding of 10.8% of the latters shares

100% equity in NPS to be allowed from October 1, 2025, for these investors

From October 1, 2025, non-government NPS subscribers will gain more options for diversifying their investments within NPS. They can allocate up to 100% of funds in equities within a single NPS scheme. The Multiple Scheme Framework (MSF) will allow subscribers to have multiple schemes under one PRAN. Each scheme will have moderate and high-risk variants. Pension funds can also design schemes for specific subscriber groups.

PFRDA revises CRA charges for NPS, NPS-Vatsalya, UPS, APY account holders; know how much you need to pay now

Latest NPS charges: The PFRDA is set to revise charges for services provided by CRAs to subscribers of pension schemes like NPS and APY, effective October 1, 2025. These revised charges will apply to both online and offline account maintenance, with different rates for government and private sector subscribers.

AMFI Reshuffle: Poonawalla Fincorp, Gillette India among 6 smallcap stocks that may get midcap status

Wifes four gold bangles of 998 purity seized by customs dept; she wins the case in Delhi High Court due to this reason

Ashiya, returning from Saudi Arabia with four 998 purity gold bangles, faced customs seizure in Delhi. The customs department argued the bangles' high purity was unusual for everyday jewelry. However, the Delhi High Court ruled in Ashiya's favor, citing she wasn't a habitual offender or part of a smuggling operation, and ordered the bangles' return upon payment of warehousing charges.

Mirae Asset Mutual Fund: ITC, RIL and TCS among top 10 stock holdings in August

Mutual fund investors face losses in 74% of equity schemes on 1 year lumpsum investments

Equity mutual funds mostly gave negative returns in the last year. ETMutualFunds analysis reveals that 74% of funds underperformed on lumpsum investments. Samco Flexi Cap Fund saw the biggest loss. Motilal Oswal Multi Cap Fund gave the highest return. Investors should consider their risk tolerance before making any decisions. The analysis excludes sectoral and thematic funds.

5 mutual funds make complete exit from 13 stocks in August

In August, 5 major MFs fully exited 13 stocks, including names like Cartrade Tech, DLF, Hindalco, and Pidilite, as portfolio reshuffling signaled selective caution and profit-booking strategies.

Bank holiday today: Are banks open or closed today for Vishwakarma Puja 2025?

Bank holiday: People are curious about bank holidays for Vishwakarma Puja 2025. The celebration falls on September 17, 2025. Lord Vishwakarma, the creator, is honored on this day. Observances take place in offices and factories. However, bank closures depend on the state. The Reserve Bank of India's holiday calendar determines the closures. Check your local listings for specific information.

Mutual Funds slash holdings heavily in 5 small-cap stocks in August; 4 already sinking in 2025

In August 2025, mutual funds decreased their investments in many smallcap stocks. This action shows a cautious approach by institutional investors. Granules India and IRB Infrastructure Developers experienced significant reductions. Some stocks like Sai Life Sciences still attracted interest. Experts advise investors to remain cautious due to potential market volatility. They suggest a long-term investment strategy for smallcap funds.

He sold ancestral land for Rs 1 crore but in ITR showed only Rs 2.45 lakh income; Wins case in ITAT Chennai due to this reason

Mr. Natesan sold ancestral land for Rs 1 crore, investing Rs 82 lakh in a house and declaring Rs 2.45 lakh income. Initially facing a tax demand of Rs 2.47 crore, he won his case at ITAT Chennai. The tribunal reduced his taxable gains to Rs 1 crore, allowing Section 54F exemption for the house investment.

183% return on SGBs: RBI announces premature redemption price and date for this sovereign gold bond series; check details

The Reserve Bank of India has announced the premature redemption price for the Sovereign Gold Bond 2019-20 Series-IV. This tranche, issued at Rs 3,890 per gram, offers an approximate 183% return, excluding interest. Investors can redeem after five years from the issue date, receiving interest payments semi-annually.

6 smart moves to take control of your debt before it controls you

Savings A/c & locker nomination: 6 latest rules you must know

Motilal Oswal Midcap Fund adds Eternal, hikes stake in Paytm and 12 other stocks in August

Motilal Oswal Midcap Fund added Eternal to its portfolio in August, while significantly increasing its stake in Paytm and twelve other stocks, including Kalyan Jewellers and Aditya Birla Capital. Simultaneously, the fund reduced its holdings in Bharti Hexacom, Max Healthcare Institute, KPIT Technologies, and Hitachi Energy India.

US Fed set to cut rates by 25 bps today, Nifty bulls await FII U-turn

The US Federal Reserve is expected to cut rates. Markets anticipate this move. Investors are watching for clues about the US central bank's approach to a slowing labor market and inflation. Foreign institutional investor flows in India may depend on the policy signal from Washington. Nifty 50 closed positively.

Best balanced advantage funds or dynamic asset allocation funds to invest in September 2025

If you are planning to invest in balanced advantage schemes, here are our recommended schemes you can consider investing. There are no changes in the list this month. Follow our monthly updates to know how your schemes performed in the previous month.

Wipro Share Price Live Updates: Wipro's One-Week Returns Stand at 1.95%

LTIMindtree Share Price Live Updates: LTIMindtree Sees 3.66% Gain in One Week

Bajaj Auto Share Price Live Updates: Bajaj Auto's Stock Declines Over the Week

Jio BlackRock sees India mutual fund industry tripling by 2032

Jio BlackRock anticipates India's mutual fund industry to potentially triple in seven years, driven by increasing domestic investor participation and a strong economy. The venture aims to expand the market through diverse strategies, including active and passive funds, leveraging data-driven approaches and alternative data sources.

Asian stocks slip as investors await Fed decision

Asian stock markets saw a slight dip as investors are cautious. Everyone is waiting for the United States Federal Reserve's interest-rate decision. Shares in Japan and South Korea decreased. Gold prices are holding steady. Attention is also on a Japanese government bond auction. Investors are keen to understand the future direction of interest rates.

Wealthy investors turn to Income Plus Arbitrage Fund-of-Funds for tax efficiency and higher returns

Income Plus Arbitrage Fund-of-Funds are gaining traction among wealthy investors and family offices due to their tax-efficient structure. With assets surging to 19,919 crore, these funds allocate just under 65% to fixed income and the rest to equity arbitrage. The appeal lies in long-term capital gains being taxed at a favorable 12.5% rate.

Insurers not to get ITC benefit towards GST paid on commission on individual health, life policies

Hotels with room tariff of less than 7,500 will also not get ITC

Baroda BNP Paribas Multicap Fund turns Rs 10,000 SIP to Rs 26 lakh in 22 years, crosses Rs 2,900 crore AUM

Baroda BNP Paribas Multicap Fund turned a Rs 10,000 monthly SIP into Rs 26.3 lakh in 22 years, crossed Rs 2,900 crore AUM, and delivered 15.24% CAGR, showcasing consistent long-term wealth creation.

Govt extends tenure of 6 EDs in various public sector banks

Last month, FSIB said it interfaced with 80 candidates from various nationalised banks during July 19 August 04, 2025 for the positions of Executive Directors EDs in Nationalised Banks

Mutual fund industry in India grows six-fold in a decade, retail participation soars

India's mutual fund industry has expanded six-fold in a decade, driven by retail investors and deeper market reach. From UTI's beginnings in 1963 to today's SEBI-regulated ecosystem, the sector has transformed through public, private, and regulatory milestones.

Canara Robeco Flexi Cap Fund turns Rs 10,000 SIP to Rs 1.79 crore in 22 years

Canara Robeco Flexi Cap Fund completed 22 years, turning a Rs 10,000 monthly SIP of Rs 26.4 lakh into Rs 1.79 crore, delivering 15.04% XIRR with consistent long-term wealth creation.

Daily UPI transaction limits increased: Now you can pay up to Rs 5 lakh if payments fall under these categories: check list

UPI daily limit: The National Payments Corporation of India (NPCI) has increased UPI transaction limits for specific categories, effective September 15, 2025.

JioBlackRock Mutual Fund: ITC and Infosys among top 10 stock holdings in August

I have filed ITR filed but verification is yet to be done? Can I do it after the ITR filing deadline?

ITR filing deadline: The government extended the ITR filing deadline to September 16, 2025, offering relief to taxpayers facing portal issues. While over 7 crore ITRs were filed, a significant number remained unverified by September 15, 2025. Taxpayers must e-verify their returns within 30 days of filing to avoid penalties and ensure their ITR is considered valid.

Baroda BNP Paribas Mutual Fund announces merger of its two debt funds

Baroda BNP Paribas Mutual Fund will merge two debt funds. Baroda BNP Paribas Banking and PSU Bond Fund will merge into Baroda BNP Paribas Short Duration Fund. The effective date is October 17, 2025. Unitholders can exit with no load from September 17 to October 16, 2025. Post-merger, existing unit holders will be allotted units in the surviving scheme.

Pantomath Financial Services appoints Gupta as MD

He will lead Marketing, Communications and Customer Experiences across the Groups flagship entities, including Pantomath Capital Advisors, The Wealth Company and Asit C Mehta Investment Intermediates

PFRDA allows bespoke pension plans in $175 billion industry

The new proposal will allow pension fund houses to create their own bespoke products catering to a wider range of investor preferences and risk appetite

ITR Filing Deadline FY 24-25: Did you make a mistake in filing ITR in a hurry on September 15? Here's how to correct it

Taxpayers who filed Income Tax Returns with errors have options. If the ITR isn't e-verified, it can be discarded and refiled. After e-verification, a revised return under Section 139(5) is necessary. The revision window closes on December 31, 2025. The one-day deadline extension helps those awaiting challan generation. Taxpayers can check challan status and file accurately.

I have Rs 10 lakh. How can I build a Rs 1 crore corpus in 10-12 years?

With Rs 10 lakh in hand, I want to build a Rs 1 crore corpus in 10-12 years. How can I achieve this with equity investing?

Quant Small Cap Fund and SBI Large Cap Fund among 9 funds that saw outflows of over Rs 550 crore in August

Less than 10 hours remain to file ITR without penalty: One last chance to opt old tax regime and fix mistakes made in ITR

The income tax return (ITR) filing deadline has been extended to September 16, 2025, offering taxpayers a chance to correct errors. Taxpayers can rectify mistakes by using options like editing, discarding, or filing a revised ITR depending on their filing status. However, belated ITR filers cannot switch between old and new tax regimes.

Foreign equity holdings by mutual funds increase by Rs 1,500 crore in August

Mutual funds increased their foreign equity holdings in August 2025, with several AMCs adding over Rs 100 crore each. SBI, ICICI Prudential, and Motilal Oswal were the top contributors, while eight other AMCs also raised stakes.

Tata Asset Management receives approval to launch Tata India Dynamic Equity Fund at GIFT City

Tata Asset Management has secured IFSCA approval to introduce the Tata India Dynamic Equity Fund GIFT IFSC, featuring a minimum investment of USD 500. This fund provides global investors with a convenient avenue to engage with India's equity market and capitalize on the country's economic expansion.

3 mutual funds made complete exit from 5 midcap stocks in August

Three mutual funds made complete exits from around five midcap stocks in August, according to a report by Nuvama Institutional Equities.

Stage 12 of Little Pepe (LILPEPE) presale beats expectations, sells out days earlier than scheduled

Little Pepe, a meme coin, concluded its Stage 12 presale early. It raised over $25 million. The coin operates on an Ethereum Layer-2 blockchain. Its presale saw increasing investor interest. Stage 13 will see a price increase. A $777,000 giveaway is underway. The coin offers staking rewards and sniper bot protection. NFTs and cross-chain compatibility are planned.

This multibagger stock is up 16% as iPhone 17 sales inch closer

Shares of Redington Ltd surged 16% to a days high of Rs 280 on September 16, driven by excitement around the iPhone 17 launch, with sales starting September 19. The stock gained as the company manages the supply chain for Apple products, leveraging its long-standing partnership and handling logistics, warehousing, and distribution across India, the Middle East, Turkey, Africa, and South Asia.

Sectors that attracted mutual fund interest in August

In August 2025, MFs increased their investments in Automobiles, Technology, Consumer, and Media sectors, while reduced exposure to Private Banks, Healthcare, and Capital Goods. Automobiles, Media, Retail, and Technology saw the largest value increases during the month.

Parag Parikh Flexi Cap Fund: ITC, Indian Energy Exchange top buys and sells in August

Parag Parikh Flexi Cap Fund is the largest active and flexi-cap fund in India based on assets under management, with a total AUM of Rs 1.15 lakh crore as of August 31.

RBI rolls out comprehensive framework for Payment Aggregators, Gateways to boost digital payment ecosystem

The detailed guidelines mandate stricter compliance, merchant vetting, and cybersecurity measures for non-bank PAs

AMFI reshuffle: Swiggy, Dixon Tech likely to move to largecap; HDB Financial may join midcap segment

Swiggy and Dixon Technologies may be upgraded to large-cap, while HDB Financial Services could enter the midcap segment in AMFIs February 2026 recategorisation, according to Navuma. Around 30 stocks, including NSDL and Vikram Solar, may move to smallcap, with new thresholds set for large- and mid-cap classifications.

Urban Company allotment status out, listing tomorrow. What to expect

Urban Companys shares will debut on September 17 after its 1,900-crore IPO was subscribed 103.6 times. Allotment status can be checked via MUFG Intime or BSE. The IPOs grey market premium of 52 suggests a potential listing gain of around 54%, though its subject to market fluctuations.

Granddaughter cant claim a share in maternal grandfathers property in this condition, rules Bombay High Court

In a significant ruling, the Bombay High Court has denied a granddaughter's claim to her maternal grandfather's ancestral property, clarifying that such property is 'obstructed heritage' until the mother's death. The court emphasized that birthrights apply to paternal ancestral property, not maternal inheritances, and underscored the rights of daughters as coparceners under the Hindu Succession Act. Read more.

RIL, Vishal Mega Mart among stocks bought & sold by HDFC Balanced Advantage Fund in August

HDFC Balanced Advantage Fund strategically adjusted its portfolio in August, increasing its stake in Reliance Industries, Kotak Mahindra Bank, Interglobe Aviation, and ICICI Bank. Simultaneously, the fund reduced its holdings in Vishal Mega Mart and UPL. Aditya Infotech was a new addition, while exposure in 135 stocks, including Infosys and SBI, remained unchanged.

Gujarat Gas shares rise over 1% ahead of shareholder meeting on merger plan

Gujarat Gas shares saw a rise as the company, along with GSPL and GSPC, seeks shareholder approval for its amalgamation scheme. The restructuring aims to simplify the holding structure and unlock value for shareholders. Technical analysis suggests short-term bullish undertones, while longer-term trends remain bearish, with investors closely monitoring the merger's progress.

Best arbitrage mutual funds to invest in September 2025

Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.

SBI Life Share Price Live Updates: Understanding SBI Life's beta over six months

Tata Motors Share Price Live Updates: Tata Motors' six-month beta reflects market volatility

Bajaj Auto Share Price Live Updates: Bajaj Auto's six-month beta reflects market stability

Titan Company Share Price Live Updates: Titan Companys six-month beta stands at 0.746, indicating stability.

Hindalco Share Price Live Updates: Hindalco's Six-Month Beta Revealed

Cipla Share Price Live Updates: Cipla's beta indicates consistent market behavior

HCL Tech Share Price Live Updates: HCL Tech's beta suggests conservative market behavior

JSW Steel Share Price Live Updates: JSW Steel's Beta Reflects Market Sensitivity

IndusInd Bank Share Price Live Updates: IndusInd Bank's beta highlights its risk profile

HDFC Life Share Price Live Updates: HDFC Life's beta value explained

RIL Share Price Live Updates: RIL's Stability in Market Movements

Power Grid Share Price Live Updates: Power Grid's six-month beta reflects market stability

Eicher Motors Share Price Live Updates: Understanding Eicher Motors' market behavior

ITC Share Price Live Updates: ITC's market behavior analyzed

Coal India Share Price Live Updates: Coal India Beta Overview

BPCL Share Price Live Updates: Understanding BPCL's beta value

UltraTech Cem Share Price Live Updates: UltraTech Cement's stock volatility explained

TCS Share Price Live Updates: TCS showcases low volatility with its beta

NTPC Share Price Live Updates: NTPC's beta of 0.8738 indicates lower market sensitivity

Tata Steel Share Price Live Updates: Tata Steel's risk profile

ICICI Bank Share Price Live Updates: ICICI Bank's beta indicates potential for price swings

HDFC Bank Share Price Live Updates: Market volatility and HDFC Bank