Financial changes from September 1: ITR, LPG e-KYC, fuel prices and more
From tax filing to LPG verification and fuel prices, these deadlines and changes could affect your household budget
Starting on October 1, 2026, new charges will be introduced for the National Pension System. All subscribers are required to pay a one-time onboarding fee of Rs 200 to register for PRAN. Additionally, active schemes will incur an annual fee of 0.20% of Assets Under Management (AUM). However, those opting for digital onboarding will benefit from a reduced charge of Rs 100.
Smallcap profits surged 3x faster than largecaps? The risk investors cant ignore
Best dynamic bond funds to invest in August 2026
If you are planning to invest for three to five years, but dont want to take a call on interest rates, you can bet on dynamic bond funds
SBI Life Share Price Live Updates: SBI Life's Current Market Position
Coal India Share Price Live Updates: Coal India Current Market Performance
SBI Share Price Live Updates: SBI Stock Details
India boosts efforts to drain surplus cash as dollar flows swell
The latest move marks a shift towards larger and longer-tenor operations as the RBI seeks to absorb liquidity generated by its measures to attract foreign inflows to shore up the rupee
ITC Share Price Live Updates: ITC Stock Details
Augmont Enterprises shares to list today; 37% GMP signals strong debut
The Rs 825 crore IPO, priced at Rs 788 per share, comprised a fresh issue of 79 lakh shares worth Rs 620 crore and an offer for sale (OFS) of 26 lakh shares aggregating Rs 205 crore. Ahead of the public issue, the company had also raised Rs 246.30 crore from anchor investors.
Positive Breakout: These 6 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
Surge in dollar influx prompts Federal Reserve to reduce short-term rates
Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boosted banking system liquidity considerably in recent months. However, longer-term borrowing costs are hardening due to hawkish monetary policy signals. Markets anticipate potential interest rate hikes in the near future. This outlook is influencing investor decisions on longer-dated debt instruments.
SWIFT system: How international money transfers work
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 116th part of this series, Riju Mehta explains how this system helps in overseas money transactions.
Temporary teachers: Plan finances amid uncertainty
An uncertain and low income from a temporary teaching job in a college requires prudent handling of ones finances. Find out how to do it.
Is your work experience still an asset?
Know which side of the ledger your decade sits on, says Devashish Chakravarty.
F&O tax rules every derivatives trader should know
Understand F&O taxation, deductible expenses, loss set-off and carry-forward, and audit rules.
Lifecycle funds: Right match for your goals?
These target-date funds simplify goal-based investing and defer taxes, though the one-size-fits-all approach may not suit everyone.
Finance Act 2026: The updated returns refund trap
The Finance Act, 2026, has plugged a significant gap. Earlier, an updated return could not be filed if unaccounted income merely reduced a reported loss and the corrected return remained a loss return. The amendment now permits such loss reduction updated returns retrospectively from 1 March 2026.
Is a long-term fund an equity or debt fund?
Sebi's recent mutual fund category renaming has created potential investor confusion. Long Duration Funds are now Long Term Funds, which are debt-based. This change may mislead investors seeking equity for long-term goals. Fund houses must now align scheme names with modified category designations. The regulator aims to standardize names and reduce scheme duplication across the industry.
Pregnancy clause that can derail your health claims
Without maternity cover, pregnancy-related complications arent covered, but disputes can arise over whether the exclusion extends to unrelated ailments.
Buying a house in a big gated society? 4 key checks
Water shortages, elevator breakdowns and rising maintenance billsthe reality of what happens after you move into a mega gated society.
Indian Bank to add 100 branches, increase headcount by 2,500 in FY27
Indian Bank had 6,003 domestic branches and three overseas ones - Singapore, Colombo and Jaffna - and an IFSC Banking Unit at Gandhinagar as of June 30, 2026
Exclusive-Indias HDFC Bank weighing deputy MD Bharucha, outsider for CEO, sources say
INDIA-HDFC-BANK-CEO:Exclusive-India's HDFC Bank weighing deputy MD Bharucha, outsider for CEO, sources say
Mutual fund NFOs: 3 new funds will open for subscription this week
Three new passive mutual funds are set to open for subscription this week, including two index funds and one ETF. UTI Mutual Fund will launch two BSE India Sector Leaders funds, while Navi Mutual Fund will introduce a Nifty REITs & Realty Index Fund. Investors should evaluate these new fund offers based on their risk appetite, investment horizon and financial goals.
HDFC Bank CEO search tests investor confidence, governance
The new CEO will have to assure investors that the banks governance systems are robust, with the focus squarely on growing the business at a time when peers are eager to gain ground
Equity mutual funds delivered up to 7% returns last week. Check top 10
Equity mutual funds posted mixed performance last week, with 426 of 621 funds delivering positive returns between August 24 and 29. Nippon India Taiwan Equity Fund topped the list with a 6.56% gain, while the other top performers, including international, healthcare, contra and momentum funds, delivered returns over 2.40%.
These 5 flexicap funds delivered up to 15% CAGR in 3 years. Do you own any?
These five flexicap mutual funds delivered strong returns over the past three years, with annualised returns ranging from 18.1% to 20.2%, according to ET Wealth data as of August 19, 2026. Bank of India Flexi Cap Fund topped the list with a 20.2% CAGR, followed closely by Motilal Oswal Flexi Cap Fund at 20.1%.
Govt employee died in a naxalite bomb blast in 2003. His widow received an ex gratia payment and a seven-year family pension. She sought an extended pension based on a 2005 government policy. The Patna High Court ruled the policy could not be applied retrospectively. Read the article to know more.
Jagdishan decides to not seek re-appointment as HDFC Bank Chief
The private lenders board decides to fast-track the process for selection and appointment of Mr. Jagdishans successor well within time
India's HDFC Bank CEO not seeking reappointment, to retire in October
The bank informed the exchanges of CEO Jagdishans decision
Canara Bank, which held a 1.60% voting share, said it had voted against the repayment plan and will file an appeal before the National Company Law Appellate Tribunal
These 12 equity mutual funds turned a Rs 10,000 SIP into over Rs 11 crore
An ETMutualFunds analysis found 12 equity mutual funds that turned a Rs 10,000 monthly SIP into more than Rs 11 crore since inception, led by Nippon India Growth Mid Cap Fund.
Parag Parikh Liquid Fund among 5 low-cost mutual funds that delivered strong 6-month returns
Five mutual funds delivered strong six-month returns while maintaining relatively low expense ratios. Parag Parikh Liquid Fund was among the top performers, with a 3.34% return and 0.10% expense ratio.
Planning to invest for 3 years? Check these 6 equity mutual funds with over 25% gains
Six equity mutual funds delivered over 25% returns in three years. Here are the top performers, along with their AUM, expense ratios and ratings, according to MF Screener.
IDBI Bank stake sale: Employee forum flags hidden value in land, properties
Many properties may have been acquired decades ago at historical costs, while current commercial value in metropolitan and prime urban locations, could be substantially higher
AMFI re-elects Sundeep Sikka as Chairman, Vishal Kapoor as Vice Chairman
AMFI has re-elected Sundeep Sikka as Chairman and Vishal Kapoor as Vice Chairman for another term. Sikka, MD and CEO of Nippon Life India Asset Management, and Kapoor, CEO of Bandhan AMC, were unanimously re-elected by the Board after AMFI
JioBlackRock Mutual Fund to launch balanced advantage fund in September. Check dates and key details
JioBlackRock Mutual Fund will launch the JioBlackRock Balanced Advantage Fund in September, with the NFO open for subscription from September 11 to September 25. The fund will invest dynamically in equity and debt instruments. Here are the key details, including the NFO dates, asset allocation, benchmark, fund managers and risk level.
Non-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of regulations. Stricter rules apply to agricultural lands and farmhouses, particularly regarding their sale and repatriation. The method of repatriating sale proceeds varies based on the property's origin and classification.
Explained: Want to calculate the future value of your Rs 10,000 SIP? Heres the formula
A Rs 10,000 monthly SIP can grow into a sizeable corpus over time, but the final value depends on the investment duration and expected returns. Heres how investors can use the future value formula to estimate their SIP corpus at different return rates.
Revamping aged societies opens the door to fresh residential and commercial opportunities in Mumbai. Choosing between hiring a builder or embarking on self-redevelopment requires careful legal and technical assessments. The self-redevelopment route, supported by government initiatives, can be beneficial. Success relies on meticulous planning and strong consensus among members for the project to thrive.
ITR Deadline: The deadline for filing Income Tax Returns (ITR) for taxpayers with non-audit business or professional income is August 31, 2026. This due date was extended from July 31st to August 31st pursuant to an amendment in the Finance Act, 2026 in Budget 2026.
FD rate up to 8.5% for senior citizens investing for five years; know the list of banks
For senior citizens, certain banks have enticing fixed deposit options offering interest rates as high as 8.5 percent. These deposits, with a maximum limit of Rs 3 crore, are typically available for a five-year tenure. Importantly, if the interest earned exceeds Rs 1 lakh in a year, TDS is deducted.
Saturday bank holiday: August 2026 features significant celebrations such as Ker Puja and Independence Day that will influence bank schedules. To stay informed, customers are encouraged to refer to the RBI holiday calendar for detailed updates.
Fed Chair Kevin Warsh says inflation isnt slowing, vows to reach 2% target
Financial markets increased bets on a September rate hike after Warsh offered a clearer assessment of inflation and monetary policy priorities
RBI to conduct VRRR auction for 6 lakh crore on Aug 31
This auction comes in the backdrop of the banking system being awash with liquidity
The Latest Home Loan Interest Rates: Aug 28, 2026
The Latest Home Loan Interest Rates: Aug 28, 2026
Lenders to turn cautious on personal guarantee after NCLT verdict in Chandras case
Poor recoveries may prompt tougher scrutiny of guarantor assets and repayment plans
RBL Bank gets 104-cr GST demand notice
Based on its assessment, including favourable orders received from the GST authorities on identical issue for FY19 and FY20, the bank believes that it has adequate grounds to contest the matter on merits
Black money case: ITAT quashes tax demand & penalty
Tax notice after death: Can legal heirs be asked to pay the dues?
A taxpayer's death does not end pending tax matters. Here is what heirs need to know about notices, returns, dues and inherited assets
Invesco India Pharma and Healthcare Fund NFO is open for subscription. 7 key details to know
Invesco India Mutual Fund has launched its Pharma and Healthcare Fund, open until September 1. The thematic scheme will invest across pharma, hospitals, diagnostics, CDMOs, medical devices and healthcare services, with a minimum investment of Rs 1,000.
Top 5 SIFs deliver upto 14% return in 3 months, QSIF Active Asset Allocation SIF leads
The top five SIF strategies delivered returns of up to 13.39% over the last three months, with long-short and hybrid strategies dominating the list. QSIF Active Asset Allocator Long-Short Fund topped the performers with a 13.39% return, followed by QSIF Equity Ex-Top 100 Long-Short Fund at 12.58%, according to SIF360 data.
As per RBI guidelines for on tap licensing of SFBs in the private sector, existing Payments Banks which are controlled by residents and have completed five years of operations are eligible for conversion into SFBs
HDFC Bank, Federal Bank hike FD rates: Senior citizens can earn up to 7.20%
HDFC Bank has raised its senior citizen FD rate to 7.10%, while Federal Bank now offers up to 7.20% on select tenures
Karnataka Bank launches Capital Gains Account Scheme
Karnataka Bank has launched the Capital Gains Account Scheme (CGAS), offering customers a convenient and compliant banking solution to deposit unutilized capital gains while planning eligible reinvestments under the provisions of the Income-tax Act.
Indian Bank targets 1,500 crore treasury income in FY27
The PSU lender expects treasury income of Rs 1,000-1,500 crore this financial year after first-quarter earnings of Rs 500 crore beat its Rs 300 crore estimate.
Alpha Wave Global exits Aye Finance with 322-crore block deal
The transactions were executed on Thursday at prices ranging from 168.02 to 168.19 apiece, according to data on the BSE.
SoftBank seeks another $10 billion loan for OpenAI stake funding
The loan would contribute to SoftBanks recent debt financing related to its investment in OpenAI, including a potential $20 billion bond sale, amid rising credit risks in the AI sector
Looking for top-performing smallcap mutual funds? These 5 delivered over 20% returns in 3 years
Five smallcap mutual funds delivered over 20% annualised returns in the last three years.
Raghuram Rajan urges Fed to raise rates, says rupee is not in panic zone
Rajans comments come as investors await Kevin Warshs Jackson Hole speech for clues on the Federal Reserves policy direction and rate outlook
PPFAS Mutual Fund announces feature changes across 5 funds, including flexicap, largecap
PPFAS Mutual Fund has announced feature and nomenclature changes across its schemes, including its flexi-cap, large-cap, ELSS, arbitrage and conservative hybrid funds. The changes, effective August 26, revise investment allocations and scheme nomenclature across the fund houses offerings.
Rupee declines 10 paise to 95.55 against US dollar during early trade
The rupee fell 10 paise to 95.55 against the US dollar in early trade on Friday, weighed by FII outflows and sustained disruptions in global crude oil supplies. However, a marginally weaker greenback and a fall in global crude oil prices to levels below USD 90/barrel prevented a sharper decline in the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 95.54 against the greenback before slipping further to 95.55, down 10 paise from its previous close. The rupee pared initial gains and settled for the day lower by 1 paise at 95.45 against the US dollar on Thursday. The rupee is expected to be in a narrow range of 95.40 to 95.60 (on Friday) with the Reserve Bank of India (RBI) protecting the upper end, while the lower end is bought by oil importers, month-end demand and importers, Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said. Forex traders further said market participants will closely monitor US
This Raksha Bandhan 2026, consider the thoughtful gift of a mutual fund SIP to nurture long-term wealth. This investment approach fosters consistent saving, allowing your funds to compound impressively over time. A small monthly contribution can accumulate into a substantial amount in fifteen years. Selection of the appropriate fund type should reflect your sibling's financial goals and current investments.
Retiring early with VRS? Know its taxation
Motilal Oswal picks 4 auto stocks riding 34% sales growth, and also a risk warning
Buying property in Pune? 8 hotspots with new projects, prices and growth potential
HUL Share Price Live Updates: HUL's Daily Performance Update
Nestle India Share Price Live Updates: Nestle India Stock Performance Overview
IndusInd Bank Share Price Live Updates: IndusInd Bank Price Movement Analysis
Bajaj Auto Share Price Live Updates: Bajaj Auto Stock Details
Axis Bank Share Price Live Updates: Axis Bank's Market Performance Overview
Power Grid Share Price Live Updates: Power Grid's Daily Price Movement
JSW Steel Share Price Live Updates: JSW Steel Current Trading Price and Trends
Dr Reddys Share Price Live Updates: Dr. Reddys experiences a slight price increase
SBI Life Share Price Live Updates: SBI Life's Price Movement Today
SBI Share Price Live Updates: SBI's Market Update
Jio Financial Services Share Price Live Updates: Jio Financial Services Price Update
Bank holiday today: On August 28, 2026, banks in numerous Indian states temporarily closed to allow citizens to celebrate various regional festivals. The observance of these holidays was uneven across states, showcasing India's diverse cultural landscape.
MSMEs face costlier finance, working capital squeeze under RBIs proposed NBFC credit curbs: FISME
Urges RBI to adopt targeted regulation instead of a blanket ban
HDFC likely to challenge NCLT order as Subhash Chandra clarifies claims of only 3,992 crore
However, reacting to dissenting creditors claims of 22,000 crore against him, Chandra on Thursday clarified that he has not borrowed any money from any lender.
Twelve years of Jan Dhan: From financial access to economic empowerment
The journey of PMJDY over the past 12 years has shown that financial inclusion can become a powerful instrument of economic transformation when policy, banking and technology move together.
IndiaFirst Life bets on AI agents to overhaul insurance operations
Insurer says agentic AI push will be cross-subsidised and will not raise overall cost ratios
Can NRIs invest in sovereign gold bonds? What the latest SGB investment rules say
Sovereign gold bonds: Non-Resident Indians cannot invest in Sovereign Gold Bonds currently. However, existing bondholders can continue holding them until maturity. NRIs can invest in physical gold and digital gold options. These include gold mutual funds and gold ETFs. A demat account is required for digital gold investments.
Mutual fund NFOs: 12 funds open for subscription now. Check key details
Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-asset, multi-cap, flexi-cap and sectoral funds. ICICI Prudential Mutual Fund has the highest number of new offerings, while several other fund houses have also launched schemes with subscription deadlines ranging from August 28 to September 10.
Edelweiss Mid Cap among 5 midcap funds that delivered up to 25% CAGR in 3 years. Check details
Five midcap MFs have delivered impressive annualised returns of over 22% in the past three years, with HSBC Midcap Fund topping the list at 24.8%. Invesco India Mid Cap, ICICI Prudential Midcap, WhiteOak Capital Mid Cap and Edelweiss Mid Cap also posted strong double-digit gains, while several other funds delivered comparatively lower returns of 11.6%-13.6%.
IDBI Bank: Staff body seeks fresh House scrutiny before government stake falls to 15%
United Forum of IDBI Officers and Employees appeals Standing Committee on Finance in Parliament to revisit 2003 assurance in House as well as Lok Sabha, Rajya Sabha debates
Are CGHS centres closed from August 27-31, 2026? Ministry responds as confusion prevails
A fake notice falsely claimed CGHS wellness centres closure due to NEET-PG examination duties. The Directorate of CGHS and PIB Fact Check have denied the authenticity of this notice. Beneficiaries are advised to rely only on official CGHS communication channels. Necessary arrangements will ensure uninterrupted services for all CGHS members.
RBI gives banks flexibility to swap NRI dollars amid rising inflows
The move comes as banks prepare to manage increased dollar liquidity and rising hedging costs ahead of the special deposit scheme deadline.

29 C
