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Around seven stocks may soon get demoted to the midcap segment from current largecap status by the Association of Mutual Funds in India (AMFI) in its Semi-Annual rejig in H1 CY27, according to a prediction by Nuvama Institutional Equities.
Quant Small Cap Fund exited ICICI Bank and five other stocks in September while trimming its holdings in six stocks, including Zydus Wellness. The fund also added six new stocks to its portfolio and increased its stake in 10 others, according to its monthly portfolio disclosure.
When do you need a tax residency certificate to claim lower tax rate under DTAA for Tax Year 2026
For Indians earning income from overseas, securing a tax residency certificate is essential to avail benefits under the Double Taxation Avoidance Agreement (DTAA). To acquire this certificate, taxpayers must complete Form 42 online via the income tax e-filing portal. This form necessitates accurate details and supporting documents to confirm residency status.
JioBlackRock Mutual Fund sees a more attractive risk-reward equation in equities after the recent market correction but cautions that a sustained recovery remains uncertain. In debt, it favours target maturity funds for investors with defined horizons, while recommending cash and money market funds for those with near-term liquidity needs.
For giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends notice; ITAT Bangalore rules TDR sale attracts capital gains tax
RBI tightens forex derivatives framework to ensure orderly functioning of market
Banks required to maintain a Foreign Exchange Risk Reserve in cash with RBI; Central Bank to open a special window to meet the entire daily dollar needs of three public sector oil marketing companies
The biggest misconception about no-cost EMI is that the bank doesn't charge any interest. In a no-cost EMI, the seller readjusts the interest amount so that the sum of all the EMIs adds up to the price you would pay upfront. However, interest still exists, and interest attracts GST. So, among A, B, and C, who would end up saving the most? Find out here.
FD rate up to 8.25% for senior citizens investing for five years; know the list of banks
Currently, multiple banks are offering attractive fixed deposit interest rates that go up to 8.25% specifically for senior citizens. Suryoday Small Finance Bank stands out, boasting the highest rate for five-year deposits. While many banks propose rates hovering between 5.75% and 7.77%.
How you can use FD laddering for Rs 10 lakh investment after RBI raises repo rate
The Reserve Bank of India has raised the repo rate, which positively impacts fixed deposit interest rates. Investors should explore the FD laddering strategy for various tenures, allowing them to reinvest at higher rates as shorter deposits mature. Moreover, diversifying across different banks can boost insurance coverage. It's essential for investors to stay aware of their liquidity requirements and any shifts in interest rates when engaging in this strategy.
8th Pay Commission: Rs 18,000 to Rs 69,000 minimum pay? What pensioners body hasproposed
The 8th Pay Commission recently held meetings in Bengaluru with several pensioners' organizations for discussions. Recommendations included raising the minimum basic pay to Rs 69,000 and pension to Rs 34,470. Suggestions also proposed merging existing pay scales and updating the Aykroyd formula to meet modern needs. Moreover, the annual increment rate was recommended to increase from 3% to 6% for better employee motivation.
On October 10, 2026, banking services will be suspended due to the second Saturday of the month coinciding with Mahalaya Amavasye celebrated in Karnataka and West Bengal. Following the Reserve Bank of Indias directives, banks close on the second and fourth Saturdays. With various festivals and holidays marked in October, it's essential for customers to plan their banking transactions wisely ahead of this date.
Juspay FY26 revenue rises 30% to 664 crore; reports 90 crore net loss
The Bengaluru-based companys revenue has more than tripled from 213 crore in FY23, translating into a compound annual growth rate of around 46% per cent
RBI OMO sale fears spur bond sell-off; 10-year G-Sec hits three year high
Yield rises to 7.31 per cent as traders brace for more RBI liquidity absorption, sticky inflation and a higher rate trajectory
Life insurers first-year premium up 20.6% at 2.46 lakh cr in H1 FY26: IRDAI
The LIC continued to dominate the market, with its first-year premium increasing 19.3 per cent to 1.44 lakh crore during the six-month period
Investment tourism could be GIFT Citys next big growth driver
The Latest Home Loan Interest Rates: Oct 09, 2026
The Latest Home Loan Interest Rates: Oct 09, 2026
The Latest Fixed Deposit Interest Rates: Oct 09, 2026
The Latest Fixed Deposit Interest Rates: Oct 09, 2026
Poonawalla Fincorps net profit soars five times to 375 cr in Q2FY27
Robust growth in net interest income and loans portfolio boost profit numbers
Rupee may face headwindsfroma robust US dollar, elevated import cost: RBIs MPR
Any escalation in geopolitical tensions likely to put pressure on the rupee, says report
On October 8, 2026, the Central Board of Direct Taxes introduced a revised Form 161 for taxpayers. This new form allows eligible individuals to apply for a waiver of penalty related to misreported income. Taxpayers must meet specific statutory conditions when applying for this relief through the amended form. The application process requires timely tax payments and cannot involve pending appeals.
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.
ShriramFinance ups FD rates by up to 40 basis points
On October 7th, when RBIs rate setting panel raised the repo rate, Bajaj Finance increased interest rates on its FDs by 15 to 40 bps across all tenures with immediate effect
Axis Mutual Fund has entered the specialised investment fund category with Accelerate SIF, focusing on risk-adjusted returns and disciplined portfolio management. Nandik Mallik will lead the initiative, with equity and hybrid product launches planned soon.
Parag Parikh Flexi Cap Fund added 13 stocks to its portfolio in September, including DLF, Bharti Airtel, Petronet LNG and Indus Towers, while exiting The Great Eastern Shipping Company. The fund held 33 stocks during the month, compared with 34 in August, and did not reduce its exposure to any stock. Its assets under management stood at Rs 1.45 lakh crore, with 9.77% held in cash, debt, money market instruments and arbitrage positions.
RBI's longer-tenure VRRR auctions receive tepid response as banks prefer shorter maturities
RBI received bids worth 18,170 crore against the notified amount of 1.50 lakh crore in its 10-day VRRR auction on Friday
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.
Gold rate today: 24k vs 22k vs 20k vs 18k prices
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.
