25 C 
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance deal
Competition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The stake will be purchased from private equity company Warburg Pincus. The insurance firm said step in its international growth and diversification strategy and strengthens its presence in India. In a separate deal, CCI authorised Crystal Crop Protection Ltd to acquire FMC India Pvt Ltd.
Rupee briefly breaches 96 mark, but pulls back
RBI support and easing crude oil prices stabilise the market
ICICI Lombard launches VIBE health insurance plan targeting Gen Z
All plans include unlimited teleconsultations and a yearly gym membership for members above 18 years of age, covering gym, aerobics, Pilates, calisthenics, yoga and Zumba through network providers
CRIF Credit Information Services names Suresh Venkatesan as CEO
The Mumbai-based credit information company, said the appointment is aimed at strengthening its focus on data-led decision-making and inclusive financial growth
Bank of India launches programmable digital Rupee with auto-payment feature
The new feature allows account holders to schedule automatic transfers of digital rupees (e) to a beneficiarys CBDC wallet at a fixed amount and frequency, while restricting how the recipient can spend the funds
AI slashes cost of cyberattacks as Mastercard report warns of machine-speed threats
The report, titled Resilience at Machine Speed, found that AI systems success rate on apprentice-level cyber tasks jumped from 9% to 50% between 2023 and 2025
mPokket targets 25,000 crore annual loan disbursals, 20,000 crore loan book in 3 years
The fintech expects lifetime disbursals to cross $5.5 billion in FY26 while expanding its reach among underserved borrowers across smaller towns.
J&K Old Pension Scheme: These employees can switch from NPS to OPS
The Jammu and Kashmir government is offering eligible employees a rare chance to transition from the National Pension System (NPS) to the Old Pension Scheme (OPS). This opportunity is available to those appointed to specific roles prior to December 2009, provided they joined on or after January 2010, with applications accepted until December 2026. To apply, employees must submit requests to a Drawing and Disbursing Officer.
EPF wage ceiling rose from Rs 300 to Rs 25,000: 9 changes since 1952
Cupid shares jumped 10% to Rs 291 after the companys inclusion in the Nifty Smallcap 250 index, effective September 30. The stock has surged 250% in six months, while strong June-quarter growth and raised FY27 guidance strengthen its growth outlook.
Parents funding NRI child's home abroad? Know LRS limit, TCS, tax rules
A resident parent can remit up to $250,000 a year under LRS, but ownership, gift or loan structure and foreign tax rules also matter.
Can a housing society evict you? Know your rights as a tenant: 4-point checklist
Five smallcap mutual funds delivered over 19% annualized returns over three years, led by ITI Small Cap and Bandhan Small Cap. Investors should consider risk appetite, investment horizon and financial goals rather than chasing past performance.
EPF, EPS rules for people earning Rs 20,000 basic pay
LIC Mutual Fund announces appointment of Ashis Kumar as Managing Director and CEO
LIC Mutual Fund Asset Management has appointed Ashis Kumar as Managing Director and CEO, effective September 26. Kumar brings over three decades of experience across investments, operations, distribution and marketing, having previously served as COO and held senior leadership roles at LIC.
NFO Alert: Mahindra Manulife Mutual Fund debuts in SIF segment with MSIF Equity Long-Short Fund
Mahindra Manulife Mutual Fund is launching the MSIF Equity Long-Short Fund, a Specialized Investment Fund using equity investments and selective derivative-based short positions. The NFO opens September 30 and closes October 14. The strategy targets long-term capital appreciation through macro and fundamental research, disciplined risk management and opportunities across varying market cycles.
Son cant live in mothers house against her wishes
Looking for low cost and high return funds in 6 months? HDFC Defence Fund among top 8
Several mutual funds delivered over 30% returns in the last six months while maintaining relatively low expense ratios. Bank of India Small Cap Fund led with 41.32%, followed by Motilal Oswal funds, Edelweiss Recently Listed IPO Fund and others.
Shapoorji Pallonjis Mercury Finance plans $125 million dollar bond reissue
The planned transaction follows a similar $650-million fundraising in July, when proceeds were invested in rupee debt issued by another group entity
PNB scam: Nirav Modi associate Sandeep Mistry arrested after UAE extradition
The CBI alleges Mistry was involved in the criminal conspiracy that resulted in Punjab National Bank suffering substantial losses
IDFC First Bank case: ED searches jewellery shops in Haryana, Punjab over 645-crore bank fraud
Investigators allege the funds were routed through jewellers bank accounts and presented as legitimate business transactions.
Gold traders to protest on Oct 15 against MDR on UPI dealings
Imposing UPI chargeson top of high capital investment, price volatility and market sluggishnessthreatens the very survival of small- and medium-sized jewellery businesses
Can markets rally despite weak fundamentals? Radhika Gupta says trust remains crucial
Edelweiss Mutual Fund MD and CEO Radhika Gupta believes trust is central to navigating weak market fundamentals, global economic realignment and AI-led disruption. Drawing on The Entropy Trap, she highlights how understanding shifts in the global system is key to understanding Indias growth story, with trust playing a crucial role in attracting capital, strengthening customer relationships and sustaining pricing power.
Bank holidays in October 2026: Check full list
BSE cautioned investors about international ETFs trading at substantial premiums to NAV due to exhausted overseas investment limits. The exchange warned that premiums could fall sharply if investment limits rise or pricing rules change. Investors should compare ETF prices with latest NAVs, assess liquidity and conduct due diligence before trading.
RBIs forex blitz drains nearly $20 billion from surplus liquidity, bankers say
The central banks sell/buy swaps have pushed dollar-rupee forward premiums higher, raising the cost of hedging dollar exposure, with the one-year premium up around 50 basis points this month
BSE shares rise 2% ahead of Nifty 50 entry tomorrow. Top brokerages share mixed outlook
BSE shares rose ahead of their Nifty 50 inclusion, with the move expected to trigger significant passive fund inflows. While Macquarie remains bullish on BSEs growth prospects, Jefferies and Nuvama flag regulatory changes, CAS and trading-related headwinds.
NRI status changed: Will NRE FD interest be taxable?
8th Pay Commission pension: What One Rank, One Pension demand means for Level 1-18 employees
Gold price today: 24k vs 22k vs 20k prices
BMW burnt, IDV denied; owner wins Rs 70 lakh+7%
FCNR(B) liquidity may squeeze bank margins, offer relief to NBFCs: Report
The Foreign Currency Non-Resident (Bank) deposit (FCNR(B))-driven liquidity has emerged as a key near-term catalyst for the banking sector, the report says
Lower LTCG by setting off with business loss
Nifty indices rejig: Which stocks will see the biggest inflows and outflows?
Niftys September 30 rejig will trigger major passive flows, with BSE, Vedanta Aluminium and other stocks set for inflows, while Wipro, IHCL and others face outflows.
In the last six months, all 36 smallcap mutual funds have achieved impressive double-digit returns, averaging around 25.20%. This indicates a robust recovery from prior dips. Financial experts advise investors to keep up their SIPs if they can handle the volatility. With smallcap valuations currently elevated, future success will hinge on sustained earnings growth.
From 15.5% to 5%: What India's mall boom reveals about where to put your property money
Fitch Ratings assigns BBB- rating to Bank of Indias $1 billion MTN programme
The CRA said BoIs Long-Term IDRand Government Support Rating are equalised with Indias sovereign rating (BBB-/Stable), reflecting itsview of a high probability of extraordinary state support for the bank, if required.
From Iceland to Japan: What is it really like to live in worlds safest countries in 2026?
L&T Share Price Live Updates: L&T News
Nestle India Share Price Live Updates: Nestle India Faces Price Challenges
HDFC Life Share Price Live Updates: HDFC Life Stock Details
Bharti Airtel Share Price Live Updates: Bharti Airtel Stock Details
Market veterans favour value plays over crowded, expensive themes
Market experts project cautious optimism for Indian equities as valuations become less demanding and earnings growth aligns. Large-cap stocks appear more favorable compared to mid- and small-caps, which require prudence. Preferred sectors include financials, manufacturing, and consumer discretionary, while technology remains divisive. Investors are advised to avoid slow-growth sectors and overpriced mid-caps. Overall, low-teens returns are anticipated amid various global risks and economic conditions.
10-year benchmark yield spikes 7 bps to 7.19%
Yield of the benchmark 10-year G-Sec (6.94% GS 2026) closed at 7.19%, a level last seem in April 2024, against the previous close of 7.12%
If neither a tax nor fee, what is this expropriation, SC asks govt on MDR
Refuses plea by petitioner for interim stay, but issues notice
UPI market-share cap faces enforcement hurdle as PhonePe, Google Pay retain nearly 80%
The cap, proposed in 2020, has already faced multiple extensions, with the latest deadline set for December 31, 2026
In what can be termed as a shocking theft, armed robbers boarded train number 5610 in 2004 and looted for about 1 hour 15 minutes then pulled the chain and managed to vanish without trace. Police are yet to find the actual robbers since the persons whom the police caught have been acquitted in court.
IndusInd Bank launches GCC Banking vertical with five core capabilities
The new vertical combines specialised banking capabilities as Indias GCC ecosystem expands in scale, strategic importance and sophistication
In October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Reserve Bank of India will introduce new disclosure protocols regarding bulk fixed deposits, and UPI transaction fees will be revised for amounts exceeding Rs 2,000 starting October 15.
HDFC Mutual Fund has reopened its HDFC BSE REITS and Commercial Real Estate Index Fund after its September 1517 NFO period. The passive fund tracks the BSE REITs and Commercial Real Estate Index, offering diversified exposure to listed REITs and commercial real estate companies.
Deadlines for income tax audit and ITR filing extended for AY 2026-2027 to these dates
The Central Government has extended the deadline for filing Income Tax Returns for the Assessment Year 2026-27. Taxpayers subject to audit now have until November 21, 2026 to file their returns. Additionally, the tax audit deadline has been shifted to October 21, 2026, providing more time for compliance. Chartered Accountants must upload the tax audit report on behalf of their clients through the e-filing portal.
Who should be in the room: The five kinds of wealth builders ET Wealth Expo is built for
The ET Wealth Expo 2026 is set to unite diverse wealth builders across India, focusing on the dynamic financial landscape. The event will spotlight unique paths to wealth creation and management for family decision-makers, affluent professionals, and new high net worth individuals. Throughout this two-day experience, participants will join expert-led sessions and masterclasses, designed to enhance financial strategies for growth and security.
Motilal Oswal Financial Services sees improving risk-reward for Indian equities as valuations cool, earnings recover and domestic liquidity remains strong. The brokerage also highlights sectoral rotation and names 27 stocks across large-, mid- and small-cap segments as top ideas.
Currently, three mainboard IPOs are capturing the interest of investors: Moneyview, Orient Cables, and A-One Steels. Each presents unique growth opportunities alongside specific valuation hurdles. They have detailed their intended uses for the capital raised through their offerings. Analysts suggest all three IPOs merit consideration for subscriptions, despite varying levels of demand in the grey market. Investors should evaluate each company individually based on their own investment preferences and timelines.
Navigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's Liberalised Remittance Scheme. From understanding allowable remittance limits to distinguishing between gifts and loans, families must carefully plan to avoid potential tax and compliance issues. Learn the critical steps to streamline the funding process.
NFO Alert: Mirae Asset Mutual Fund launches Mirae Asset Life Cycle Fund 2056
Mirae Asset Mutual Fund launched the Life Cycle Fund 2056, an open-ended scheme with a predetermined maturity and mandatory glide path. The NFO closes October 12, with investments starting at Rs 5,000. The fund dynamically shifts allocations from equity toward debt, arbitrage and commodities as the 2056 maturity approaches.
EPF vs EPS vs EDLI: Monthly amounts to be deducted
IndusInd Bank launches dedicated banking vertical for GCCs in India
IndusInd Bank on Monday launched a new banking vertical for Global Capability Centres (GCCs) by bringing together corporate and employee banking capabilities. India now has 2,117 GCCs and the ecosystem has grown 32 per cent since FY 2021 -- underscoring the country's growing importance as a global capability hub. IndusInd Bank said that by bringing together corporate and employee banking capabilities under a dedicated GCC relationship model, the bank offers a more integrated and specialised approach to serving the unique requirements of GCCs. This integrated approach enables GCCs to manage their business, workforce and cross-border banking needs more seamlessly, IndusInd Bank said in a regulatory filing. India's GCC ecosystem has evolved beyond traditional shared-services operations, with centres increasingly taking on technology, engineering, analytics, finance, research and other strategic functions for global organisations, said IndusInd Bank Country Head Corporate Banking, .
HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressures
India's GDP growth in the second quarter of FY26 surpassed the Reserve Bank of India's forecast of 7 percent. The growth prompted forecasts of gradual rate hikes, with expectations of a 25 basis points increase twice in FY27. Additionally, inflation is projected to hover above 5 percent due to various economic pressures. Rising oil prices are expected to widen the current account deficit to 1.3 percent of GDP in FY27.
Can DA hike be announced this week?
IRDAI reforms push insurance distributors to explore new revenue streams: Nomura
The company plans to trim marketing expenses and slow down hiring, Nomura said in its report
5 of Indias top 10 mutual fund schemes are hybrids. What's driving their popularity?
Hybrid mutual funds are gaining investor attention, with assets under management rising sharply in recent years. Five hybrid schemes feature among the top 10 funds by AUM, offering diversification and lower portfolio volatility.
SC refuses to stay MDR on transactions above 2,000
The petitioner had prayed for a stay, but the bench did not accept; The date for the next hearing has not been fixed
An analysis of 189 equity mutual funds found 19 schemes delivering over 15% CAGR across three, five and seven years. The group comprised nine midcap, seven smallcap, two largecap and midcap and one ELSS fund, highlighting sustained long-term performance across multiple equity categories, though the exercise is not an investment recommendation.
Gold rate today: 24k vs 22k vs 20k vs 18k prices
RBI awaits Tata Sons formal response on Upper Layer NBFC compliance
Sources said the Tata Sons board is expected to finalise its response to the RBI, including a broad timeline for undertaking the listing process
EPF wage ceiling: Will the Rs 25,000 limit reduce your take-home pay?
India insurance growth to hinge on AI-led distribution, ecosystem partnerships: McKinsey
McKinsey says that insurers are reassessing the traditional direct-to-customer (D2C) model as customers increasingly discover and evaluate products through AI-powered search and conversational interfaces
8th Pay Commission salary calculator: Can Level 8 pay cross 1.5 lakh a month?
Can HUF save tax? Check what new tax law says
Landlord wins Rs 3.27 cr from tenant in Delhi HC
Not the government: The hidden tax draining India's middle class money
Indian central bank likely shielding rupee as US-Iran impasses lifts oil prices, traders say
The rupee has already seen a decline of 0.1 per cent, to 95.89 per dollar, with the central bank's presence helping it hold above the 96 mark
Best medium duration mutual funds to invest in September 2026
As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, these schemes are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon.
When Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs 7.65 lakh income, this raised many red flags within the income tax systems. He wins case in ITAT Delhi.
Gold hit a 14-year high, but the biggest gains are hiding in a different asset
3-day nationwide bank strike called off
A high-level committee of IBA and UFBU will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays
Tech Mahindra Share Price Live Updates: Tech Mahindra Stock Details
Nestle India Share Price Live Updates: Nestle India Market Analysis
ITC Share Price Live Updates: ITC's Recent Stock Performance
In a recent meeting held on September 27, the Indian Banks' Association and the United Forum of Bank Unions engaged in crucial talks about an impending bank strike. While the three-day nationwide strike was postponed rather than cancelled, both parties have committed to establishing a high-level committee.
Asian Paints Share Price Live Updates: Asian Paints Daily Price Change
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Price Movement Analysis
Kotak Bank Share Price Live Updates: Kotak Bank's Current Trading Status
Coal India Share Price Live Updates: Coal India Price and Performance Insights
Divis Labs Share Price Live Updates: Divis Labs Market Performance Snapshot
M&M Share Price Live Updates: M&M Stock Price and Returns Overview
Jio Financial Services Share Price Live Updates: Jio Financial Services Price Update
HSBC makes big push for affluent clients in India to fuel growth
HSBCs growth drive pits it against larger local rivals like ICICI Bank and Kotak Mahindra for Indias fast-expanding wealth pool
What happens to gold prices when US Fed hikes rates?
Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why US interest-rate hikes can affect gold prices, and what it means for Indian investors.
