28 C 
Starting October 11, 2026, Shriram Finance Limited is set to increase interest rates on fixed deposits, enhancing returns for all depositors regardless of tenure. Senior citizens and women will benefit from even higher rates, and those renewing matured deposits can expect additional interest perks. Investors should carefully review the terms and conditions prior to making investments in fixed deposits.
Senior citizens often invest in Senior Citizens Savings Scheme and SBI fixed deposits for income. SCSS offers an 8.2% interest per annum with quarterly payouts, beneficial for regular cash flow. In contrast, SBI's senior citizen fixed deposit provides a lower rate of 7.05% with less frequent interest payouts. An investment of Rs 7 lakh in SCSS yields higher returns compared to the SBI fixed deposit.
The rise of artificial intelligence is transforming how we analyze data and derive investment insights, yet human judgment plays an irreplaceable role in decision-making processes. Experts caution that merely processing data doesnt assure favorable investment results. Investors should evaluate which insights resonate with their financial goals and risk levels. Financial advisors must embrace technology while safeguarding skills in communication and accountability, particularly during market fluctuations.
A teacher was approved for working till 62 years age however, she was denied gratuity payment on the ground that the retirement age was 60 so she should have exercised the gratuity option at 60 and not 62 years age.
Will Railway employees get Rs 41,000 annual bonus?
Major banks hike loan rates after RBI move: Check if your EMIs will rise
PNB, Bank of India and Bank of Baroda among lenders that have raised repo-linked lending rates
Has govt changed GPF interest rate from 7.1%?
Losing money in strange ways: Dunning-Kruger effect
Aditya Birla Renewables seeks $1.5 bn in rupee loans to buy Shell arm Solenergi, bankers say
The renewable-energy arm of Aditya Birla Group agreed in July to acquire Solenergi Power, a Shell Plc unit that includes the Sprng Energy group companies, for $1.8 billion
Ramesh Nair, MD and CEO of Mindspace REIT, explains how investors should approach REITs as part of a diversified portfolio. He discusses the importance of looking beyond distribution yields and assessing total returns, occupancy, growth prospects, balance-sheet strength and interest-rate risks. Nair also weighs the impact of AI on office demand and outlines the potential for Indias REIT market to expand.
Krasha Financial Services to launch litigation finance platform
The litigation finance business will operate separately from Krashas digital neo-financing platform, which focuses on asset-backed structured finance transactions
NRI investing in India? Wrong KYC documents can delay your investment; know what you need
Navigating the KYC process for NRIs investing in India can be complex, requiring specific documents and verification steps. From ensuring document accuracy to understanding attestation requirements, several factors can impact the smooth completion of KYC. Explore the essential documentation and common pitfalls faced by NRIs in their investment journey.
Airtel Money to debut after Londons biggest IPO in five years
Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol AMC
WazirX futures trading volume surges 236% in Q3 as exchange expands AI tools
Trading volume at its September peak was about 345% above early-July levels, while the number of daily futures traders was approximately 279% higher toward the end of the quarter
Survey number explained: What land buyers in Hyderabad, Bengaluru, Mumbai & other cities must know
Best large & mid cap funds to invest in October 2026
The 35% mandatory investments in mid cap stocks make them risky. However, they are less risky than pure mid cap schemes that invest around 65% in mid cap stocks. Also, the 35% investments in large cap investments offer them some stability. But they are riskier than pure large cap schemes. Then there is the question of the remaining 30% of the corpus.
Diamond Power Infrastructure among 3 stocks that closed above VWAP
Three Nifty 500 stocks, including Diamond Power Infrastructure, Sky Gold, and Anand Rathi Wealth, closed above their volume weighted average prices (VWAP) on October 8, according to StockEdge technical data. Closing above VWAP signals strong intraday buying interest as final traded prices exceeded the weighted average execution levels.
Punjab National Bank eyes debut dollar bond issue, bankers say
Punjab National Bank aims to raise at least $500 million through a 5-year bond issue
Nestle India Share Price Live Updates: Nestle India experiences a minor uptick in price
SBI Life Share Price Live Updates: SBI Life Sees Slight Uptick Today
IRDAI may roll out insurance commission caps as early as January
The proposed overhaul follows rising distribution expenses and comes as the regulator seeks to improve insurance affordability and expand coverage.
Bharti Airtel Share Price Live Updates: Bharti Airtel's Technical Breakout
BPCL Share Price Live Updates: BPCL's Price Movement Today
Tata Steel Share Price Live Updates: Tata Steel's Price Movement and Returns Overview
Britannia Share Price Live Updates: Today's Performance of Britannia
IndusInd Bank Share Price Live Updates: IndusInd Bank News
Tata Motors PV Share Price Live Updates: Tata Motors PV Shows Strong Performance
Anup Bagchi set to earn 43 crore in first year as HDFC Bank CEO
Exchange filings detail the fixed pay, performance-linked compensation, stock options and benefits awaiting the incoming head of Indias largest private sector lender
GQG Partners trims stake in ITC to Rs 9,395 crore amidst broader market sell-off in 2026
GQG Partners has recently executed a block deal, offloading ITC shares worth approximately 9,395 crore. The firm has also downplayed its presence in several Adani Group enterprises this year, while simultaneously ramping up investments in JSW Energy and JSW Steel during the June quarter. In total, GQG has scaled back investments worth around 24,400 crore across various Indian firms since early 2026, continuing to oversee assets exceeding $156 billion.
A quick guide to GST Council's key decisions on tax and compliance
From easier input tax credit claims to automated registration and a 40-crore cap on penalty-only appeals, the proposed changes seek to reduce compliance friction.
UPI MDR decision likely today; industry expects deferral to January 2027
The panel comprises the Indian Banks Association (IBA), the Payments Council of India (PCI), and representatives of banks, payment service providers (PSPs) and various associations
GST Council allows small online sellers to use warehouses in other states
Small online sellers can now use e-commerce platform warehouses to register in other states, while the GST Council has clarified tax treatment for platforms and retained existing rates
Good news for employees: ITC on group health and life insurance allowed; Know how it helps employees
Now GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it helps. The reason for this is now employer's cost of buying insurance for its employees can reduce by claiming ITC.
Debt mutual fund turn volatile on RBI repo rate hike
The bond market factoring in nearly 100 basis points of repo rate hikes, including 25 bps delivered
GST export rule changes to cut tax uncertainty, litigation: IT industry
The GST Council's changes to export definitions and refund rules are expected to benefit IT firms, consulting companies and GCCs by reducing tax disputes and working capital costs
Rate hike unlikely to derail affordable housing demand, says PNB Housing Finance chief
Higher borrowing costs may have limited impact on low-ticket home loans; festive season and government support expected to sustain demand
Quant Mutual Funds Sandeep Tandon says the next investment edge will come from combining human judgment with AI, machine learning and alternative data. As markets become more dynamic, investors must move beyond static strategies and focus on speed, inference and decision-making.
Depositors unlikely to see immediate benefit from rate hike: CS Setty
If credit growth continues at this pace, banks will eventually have to consider increasing deposit rates, says SBI Chairman
GST is always useful for a state like West Bengal, says Swapan Dasgupta
West Bengal Finance Minister Swapan Dasgupta calls the 57th GST Council meeting very, very positive, highlighting ease of doing business and improved compliance.
Edelweiss Mutual Fund MD Radhika Gupta says Specialised Investment Funds are gaining traction, offering flexible strategies beyond traditional mutual funds. With SIF assets reaching Rs 38,000 crore, she urges investors to focus on strategy, risks, taxation and portfolio purpose before investing.
Higher EPS pension: Pensioners urge PM Modi to act
Care Health Insurance logs 44 per cent rise in premium income
Cares overall market share increased by 81 basis points to 3.45 per cent
UCO Bank hikes repo-linked, T-bill linked lending rates
The bank raised its repo-linked lending rate for the UCO Float variant by 25 basis points to 8.30% from 8.05%, mirroring the RBI's move
Insurance distribution reforms may weigh on near-term growth: ICRA
ICRA expects the impact of proposed commission caps and expense limits to become more visible in FY28, with health and life insurers and smaller players facing greater pressure
Tata Asset Management MD Anand Vardarajan says investors should combine active and passive strategies rather than treat them as rivals. He recommends layered portfolios using passive exposure, active alpha-seeking funds, multi-asset diversification and higher-risk strategies amid changing rates and valuations.
Micro lenders urged to factor climate risks into rural credit decisions
Bharat Microfinance Report 2026 flags rising climate risks to rural credit as NABARD warns of potential rabi crop stress following a deficient monsoon and urges better underwriting
Can daughters lose property rights? Why Madras HC rejected sisters' claim
The sisters had a legal claim to their mother's property, but decades of silence and evidence of exclusion weakened their case before the court.
From stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer earlier this year won Rs 3.21 lakh for a delayed credit card closure. Here are 5 situations where the clock ticks in your favour, with compensation ranging from Rs 100 to Rs 5,000 a day.
Fund Review: SBI Large & Midcap Fund
Fund Review: SBI Large & Midcap Fund
Company fixed deposits give higher returns, but come with their own risks
If you want to stick with FDs, but don't particularly like the low rates offered by banks, a corporate FD might just be the ticket for you
The Reserve Bank of India has increased the repo rate from 5.25% to 5.50% during its recent meeting. This hike is expected to encourage banks to raise their fixed deposit interest rates soon. Customers could earn considerably more on their fixed deposits with even small increases in interest rates. Detailed calculations show potential increases in maturity amounts for varying deposit sizes.
TCS Q2 results: Profit rises 15% YoY to Rs 13,884 crore; co declares Rs 12 dividend
TCS Q2 Results: IT services major Tata Consultancy Services (TCS) on Thursday reported 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter.
Citis India IB revenue nearly doubles as bank raises $16 billion for clients, shows data
Citis India investment banking revenue nearly doubled to $52 million, making it the countrys top-ranked investment bank. The lender helped Indian companies raise nearly $16 billion and advised on $36 billion of M&A, driven by overseas expansion and technology-sector activity.
Bank deposits join CAS: What you may see, what may still be missing
Bank deposits will join the Consolidated Account Statement (CAS) from January 1. But will the move finally give consumers a complete picture of their financial life?
Wife refused to return to matrimonial home after Raksha Bandhan, sought maintenance citing husbands Rs 1.5 lakh salary; Allahabad HC rejects her plea for living separately without sufficient cause and earning capability
The Delhi High Court recently upheld an eviction ruling that affects a daughter-in-law, amidst a nuanced legal struggle that weighs the interests of elderly individuals against those of women. This decision highlights key aspects of the Senior Citizens Act, sparking discussions on family rights, issues surrounding non-maintenance, and instances of mistreatment within housing conflicts.
ET Alpha Wealth Summit 2.0: Equities arent enough? Praveena Rai makes a case for commodities
In India, commodities are steadily gaining traction as a crucial component of investment strategies. As investors diversify beyond conventional assets, they are discovering opportunities in gold, copper, and energy markets. Innovative financial products make it easy to engage in these commodities without the need for physical possession. Success demands a strong grasp of specific commodities and diligence in choosing regulated trading platforms.
RBI rate cycle: How much did borrowers and savers actually benefit?
The RBI's previous rate cycle shows that changes in the repo rate did not translate equally into loan and deposit rates, with the impact varying across borrowers and Depositors
6 stages of wealth: The framework behind the ET Wealth expo agenda
The ET Wealth Expo 2026 introduces a comprehensive six-stage framework for optimal wealth creation and management. It covers vital areas like earning, building, protecting, growing, retiring, and transferring wealth through various engaging sessions. Participants will delve into innovative income streams, investment opportunities, and strategies for financial protection, alongside retirement planning. The expo also emphasizes effective legacy transfer techniques and maintaining continuity in wealth management.
Motilal Oswal's property fund exits 37 projects, earns 20.4% return
Motilal Oswal real estate fund delivers 20.4% return despite Covid, rate hikes
Many investors fret over mutual fund SIP returns, yet a shift in focus to economic fundamentals is essential. Prashant Jain pointed out that while markets may stagnate, economic growth continues. For long-term investors, a flat market could prove beneficial through systematic investments. Previous years of low equity returns shouldn't prompt a dash towards alternatives; rather, maintaining an eye on Indias economic growth bolsters the argument for equity investment.
8th Pay Commission DA calculator: What 25% dearness allowance may mean for Level 6-8 employees
8th Pay Commission news: The 8th Pay Commission has begun discussions regarding the salary, allowances, and pension of central government employees. Their meetings in Bengaluru will address various aspects of employee compensation, including work conditions. Once the Commission finalizes its report, salary revisions will be implemented for affected central government employees. The calculation of dearness allowance will also be based on the new salaries after revisions.
Non-life insurance industry premium rises 8.92% in H1 FY27; agriculture insurance plunges
The industrys performance was supported by strong health insurance growth, while a sharp fall in agriculture premiums restrained overall expansion
HDFC Bank cuts MCLR rates by up to 15 bps: Check impact on your loans
Decision covers all MCLR-linked tenures, but impact on interest rate and EMI will depend on benchmark and terms of a loan
PNB, BoB & others increase lending rates
Aditya Birla Sun Life Mutual Fund has launched a sectoral debt fund focused on financial services, with relatively high interest rate risk and moderate credit risk. Experts say investors should weigh the funds sector concentration and limited track record against potential benefits from attractive yields, while considering diversified debt options for core allocations.
8th Pay Commission fitment factor: What could Level 6-8 salaries be at 2.0, 2.15, 2.28, and 2.57?
Edelweiss Asset Management launched the Edelweiss US Technology Equity Fund through GIFT City, providing dollar-denominated exposure to JPMorgans US Technology Fund. The fund targets resident investors, NRIs, institutions and family offices, with a $5,000 minimum investment. The launch offers an alternative overseas investment route amid Indias mutual fund limits.
Indian equities remain under pressure as the RBIs calibrated tightening stance, continued FII selling and rising oil prices weigh on sentiment, while IT stocks outperform and analysts expect largecaps to face further pressure.
Best small cap mutual funds to invest in October 2026
According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks. Small companies go through many ups and downs - more than the established companies in the large and mid cap segments. That is why investing in small cap stocks is considered extremely risky; the small cap segment can also be extremely volatile, especially in the short term. That is why small cap schemes are recommended only to aggressive investors with a very high risk appetite and very long investment horizon.
EPF wage ceiling raised to 25,000: What changes for your salary, PF and pension?
50L accident claim denied; why nominee won
Jubilant FoodWorks shares in focus after Q2 revenue grows 12% YoY
Jubilant FoodWorks reported 11.9% YoY growth in consolidated Q2FY27 revenue to Rs 26,087 million, while standalone revenue rose 11.6%. Dominos India posted 4.1% LFL growth, and the company added 108 stores, taking its network to 3,820. Shares gained 2.42% amid investor focus on demand, sales growth and expansion.
RBI may deliver 50 bps jumbo hike in December, repo rate seen at 6%: SBI Research
The report expects inflation to peak at around 6.8% in November 2026
L&T Share Price Live Updates: L&T's Daily Performance Update
HUL Share Price Live Updates: HUL Price Update
Kotak Bank Share Price Live Updates: Kotak Bank's Financial Snapshot
Bharti Airtel Share Price Live Updates: Bharti Airtel's Financial Snapshot
HCL Tech Share Price Live Updates: HCL Tech's Stock Price Update: Key Figures
Grasim Inds Share Price Live Updates: Grasim Industries Market Performance Snapshot
Tata Motors PV Share Price Live Updates: Tata Motors PV Trading Below Key Support Level
Britannia Share Price Live Updates: Britannia News
Maruti Suzuki Share Price Live Updates: Maruti Suzuki News
HDFC Bank Share Price Live Updates: HDFC Bank's Price Breakout Below Support Level
Asian Paints Share Price Live Updates: Asian Paints Trading Update
Brother cuts sisters from parents lands & wins case: Sisters wanted to apply Hindu law of succession and get 1/3rd share in parents lands, brother refused them and wins case in Madras HC; Know why
