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Interest rates on small savings schemes remains unchanged for Oct-Dec
As per the notification, deposits under the Sukanya Samriddhi Scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent during Q3
Bank Holidays in October: Check Dates, festivals & closures
Bank branches will observe multiple closures in October, with the holiday schedule varying from city to city due to regional festivals and local observances
Jio Finance, Allianz Europe invest 320 cr each in JV Jio Allianz General Insurance
The aggregate investment by Jio Finance in the JV to date is 375 crore
In August 2026, the Labour Bureau revealed a rise in the All India Consumer Price Index for Industrial Workers. This uptick translates into an estimated Dearness Allowance of 65%, signaling a welcome increase for many employees. As the central government regularly adjusts DA based on this data, employees may soon enjoy significant salary enhancements, with official announcements typically coinciding with festive periods.
Apple Pay lands in India: How to set up and use it on your iPhone
Mr Kumar, a medicine shop owner had deposited Rs 2.47 crore cash in his bank account during demonetisation period, he got an unexplained cash income tax notice. After a long legal fight he won the case in ITAT Delhi. This article explains how.
SBI buys nearly 40% of Reliance Industries 13,000 crore bond offering
The debt issue attracted major investors including ICICI Prudential Mutual Fund, SBI Pension Fund and ICICI Prudential Life Insurance.
Planning to invest in equity mutual funds for 3 years? Check these 7 funds with over 40% gains
Market cycles can quickly change the fortunes of sectors and businesses. As earnings, valuations and leadership shift, investors must reassess opportunities and identify the next market winners.
RBL Bank gets 173 crore GST show-cause notice over ITC claim
The bank said it has adequate grounds to contest the matter, citing favourable GST orders on an identical issue in earlier years
Sensex falls 49 points, Nifty ends below 22,650 as market continues to bleed. What lies ahead?
The Indian stock market saw further declines as the Sensex dipped nearly 49 points while the Nifty sank around 96 points by session's end. Rising bond yields spooked investors, dampening market sentiment. Yet, the Nifty Midcap 100 and Smallcap 100 managed to rise by 0.3%, showcasing a surprising resilience in the broader market despite the downturn in leading indices.
Saurabh Mukherjea-led Marcellus Investment Managers gets Sebi nod to launch mutual fund business
Marcellus Investment Managers has officially gained SEBI's green light to launch its mutual fund operations in India. This move opens up opportunities for the company to share its robust investment strategies with a wider market. The fund aspires to direct household savings toward reputable companies known for their governance. Saurabh Mukherjea highlighted the importance of transparency and making investments accessible to all, continuing the firms well-regarded research-driven philosophy.
Planning to invest in smallcap mutual funds via SIP? Check 3 top performers and 3 laggards
TRUSTMF Small Cap Fund delivered the highest SIP return among smallcap funds over the past two years, followed by Bank of India Small Cap Fund and Union Small Cap Fund. The category average stood at 14.25%, while the benchmark returned 9.78%.
A recent case involving Star Health and Allied Insurance highlights the complexities of health insurance policies with disease-specific sub-limits. After a renewal and an increased sum insured, a claim for cerebrovascular accident treatment faced limitations due to alleged sub-limits. The consumer commission found deficiencies in service, raising important questions about transparency and policy terms in health insurance contracts.
SGB premature redemption dates in October 2026: Check tranche-wise dates and request deadlines
Sovereign Gold Bond (SGB): In a recent announcement, the Reserve Bank of India disclosed the premature redemption dates for Sovereign Gold Bonds, spanning from October 2026 to March 2027. Investors should be aware of the allocated timeframes for submitting their redemption applications.
UPI MDR: What it means for consumers?
Money changes in Oct: SBI ATM, LPG, FD, NPS and EPF rules to know
From LPG subsidy authentication to ATM charges and tax deadlines, here are the key changes consumers should track this month.
How can you generate regular income from your retirement corpus and make it last?
If your monthly expenses are Rs 1 lakh, you would need a retirement corpus of about Rs 2.16 crore, assuming an annual return of 10%, inflation of 6% and a life expectancy of 90 years.
Gold rate: On September 30, 2026, gold prices saw another uptick at major Indian jewellers according to updates from IBJA. Meanwhile, other jewellers like Malabar Gold & Diamonds and Kalyan Jewellers set their rates at Rs 13,710 per gram, reflecting ongoing market volatility.
Ernakulam, Kerala: Husband faced challenges and long delay in accessing late wifes savings bank account as nominee died; Consumer commission orders bank to pay Rs 10,000 compensation for delay
FD interest rate rules change from October 1: What depositors need to know
Apple Pay: How iPhone users can make payments
Festive crash ahead? Nifty bulls stare at 4 bearish signs as October series begins
Nifty enters the October series after a 6.7% fall in the September series, its worst in 25 years. Foreign investors sold Rs 25,662 crore of Indian equities, while bearish futures positions increased. The index is also testing its 200-week moving average, making 22,600 a key technical level for investors.
J&K allows one-time NPS to OPS switch for eligible government employees
Employees appointed against vacancies notified before December 24, 2009 can apply for OPS by December 28, 2026
Brother-in-law caught with Rs 4.34 lakh foreign currency; tax officer sent notice; Brother wins case in ITAT Delhi as sister-in-law said its her cash which she needed for work travel so kept in brothers house for safe keeping.
RBI may raise repo rate by 100 bps through H1 2027: BofA Securities
Bank of America Securities has revised its forecast for the Reserve Bank of Indias interest rate hikes. It now anticipates a total increase of 100 basis points by mid-2027. The first hike is expected during the monetary policy meeting in October. Economic growth remains strong, while inflation risks are increasing, prompting the RBI to adjust its monetary policy.
NRE vs NRO FD TDS rules: Tax rate for NRIs, PAN rules, DTAA benefit and repatriation limit
When it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications is crucial. NRE deposits provide tax-free interest earnings in India, making them advantageous for NRIs. On the other hand, interest from NRO fixed deposits incurs TDS.
Power Mech Projects shares rise 4% after company secures Rs 549 crore order from Adani Group firm
Power Mech Projects shares gained after securing a Rs 549.37-crore O&M order from Moxie Power Generation for its 2x600 MW Tuticorin thermal power plant, with the contract spanning five years.
NRI property purchase: 4 TDS and PAN changes buyers must know from October 1
Nestle India Share Price Live Updates: Nestle India Stock Performance
Investment mistakes to avoid: 8 silent risks that decide whether your money actually grows
ADB frowns at Maharashtra utilitys financial health
ADBs validation report says that while the loan-supported programme was successful, MSEDCLs deteriorating financial health could mean that the gains from the programme may not be sustained
Tata Consumer Share Price Live Updates: Tata Consumer's Financial Snapshot
Sun Pharma Share Price Live Updates: Sun Pharma's Recent Market Activity
Hindalco Share Price Live Updates: Hindalco's Current Trading Status
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Stock Update
LTIMindtree Share Price Live Updates: LTIMindtree Stock Details
Infosys Share Price Live Updates: Infosys Stock Details
Central govt employees annual bonus: Can it be paid in first week of October? What experts say
Representatives of central government workers are demanding that the Productivity-Linked Bonus ceiling be lifted, asserting that the present threshold of Rs 7,000 is insufficient in light of increasing living expenses. Various groups are urging for a new ceiling of Rs 21,000 to be used for calculating bonuses. The government is expected to reveal its decisions on bonus allocations in early October, with protests anticipated over the current calculation approach.
Mr Rajinder Singh booked a flat in Gurgaon and was promised possession within three years. After a decade of waiting, he sought legal action against the builder for non-delivery. The State Consumer Disputes Redressal Commission ordered the builder to refund the amount paid along with interest. Additionally, compensation for mental distress and litigation costs was granted to Mr Singh.
Sharp swings, steep premiums put International ETFs in focus
International ETFs are currently gaining attention for their sharp price volatility and high premiums over NAV. The steep premiums have arisen because regulatory limits prevent fund houses from meeting investor demand for overseas investments. This situation has led to substantial fluctuations in market prices, with some ETFs seeing unusual premiums. Investors are advised to examine both the ETF's market price and its NAV before making purchases.
Insurance brokers warn IRDAI reforms could hurt policyholders and jobs
It urged IRDAI to retain the 2023 expense-of-management framework, with tighter computation rules
AU SFBs microfinance network crosses 1,000 branches across India
The networks expansion deepens financial access across villages, supporting women-led enterprises, rural livelihoods and small businesses in multiple states
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
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
Concerned about a likely reduction in remuneration, Life Insurance Agents Federation of India reaches out to the regulator
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.
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
Costly mistake: Rs 9.91L tax refund for senior citizen
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
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
HDFC Flexi Cap Fund turns Rs 10,000 SIP into Rs 23 crore in 31 years, AUM crosses Rs 1 lakh crore
HDFC Flexi Cap Fund turned a Rs 10,000 monthly SIP into Rs 22.96 crore in nearly 31 years. The fund has delivered a CAGR of 18.37% since inception and outperformed the NIFTY 500 Index (TRI) in 21 of 31 calendar years.
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.
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
IRDAI insurance reforms: 4 changes that could make buying policies safer and easier
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.
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?
On September 30, 2026, the Finance Ministry will evaluate interest rates for small savings schemes. With high inflation and increasing G-Sec bond yields, many are speculating about potential rate hikes. Currently, various schemes offer competitive returns exceeding 7%. Despite indicators suggesting adjustments, the government has kept rates steady for several quarters. The upcoming review will clarify the government's stance on these interest rates.
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
Five-day banking must become a reality for the banking industry at the earliest. We are moving towards that, said UFBU in a statement
