35 C 
HDFC Bank mobilises over 1.5 trillion in deposits in September quarter
Period-end deposits rose 4.9 per cent sequentially and nearly 19 per cent YoY to 33.27 trillion, while advances grew 16.3 per cent year-on-year
Indian ITs Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing power
As Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushing for higher efficiency, leading to a notable decline in revenue growth. Large IT companies may witness their weakest growth in three years, primarily due to acquisitions rather than organic expansion. Infosys is under a microscope for possible downward adjustments to its revenue guidance.
Adani Ent Share Price Live Updates: Adani Enterprises Current Price Update
JSW Steel Share Price Live Updates: JSW Steel Shows Positive Trend
Tata Steel Share Price Live Updates: Tata Steel's Current Trading Status
ITC Share Price Live Updates: ITC Stock Details
TCS Share Price Live Updates: TCS Stock Details
Bharti Airtel Share Price Live Updates: Bharti Airtel's Current Trading Status
Markets bet on RBI rate hike as inflation pressure builds
As inflation concerns rise, investors are putting their faith in the Reserve Bank of India to implement an interest rate hike. A survey reveals that nearly 60% of economists believe a 25-basis-point increase is likely at the coming policy meeting. With an eye on foreign investment, expectations are growing for a tightening cycle to kick off in October, setting the stage for how future capital flows will be managed.
Switching jobs? Dont treat the offer letter as a job
Cover the risks between your old payslip and the new one, says Devashish Chakravarty. Read the print on your offer before you re sign. Routine conditions are fine, such as background verification, document checks and reference calls. Speed them up. Watch out for clauses that can delay or withdraw the offer, like a joining date to be confirmed, or a role tied to a client contract, or a probation that is extendable.
What rising US Treasury bond yields mean for markets
Cutting through money jargon, one topic at a time. This week, Sanket Dhanorkar explains why yields on US Treasury bonds matter, and what it means for Indian investors. Rising US bond yields mean investors are demanding a higher return to buy and hold that debt. This reflects concerns over the weak fiscal position of the US and the inflationary impact from steep oil prices.
Fewer Indians think Rs 1 cr is enough for retirement
Working Indians across generations are increasingly proactive towards retirement planning, even as most believe they are not adequatelyeither financially, physically or emotionally prepared for their twilight years, the latest edition of an annual study by Axis Max Life Insurance shows. 1 in 2 respondents think they should start plan ning for retirement from their 1st pay cheque.
Festive sales and shopping traps: Be a smart shopper
Bala had saved 2,000 for headphones. He spotted a pair at 40% off, but the prompt, Only 2 left! and Add 500 more for FREE shipping! nudged him into adding a phone cover and a notebook. He ended up spending more than he had planned. During festive sales, around Dussehra and Diwali, such offers can push us to buy faster, spend more or buy things we dont really need.
Can these EMS stocks gain as sector sees good growth
Investor enthusiasm around the sector is visible in the performance of nine EMS stocks covered by multiple brokerages. The group has delivered an equal weighted average return of 55.3% so far in 2026, compared with 1.1% for the Nifty 500 Equal Weighted Index. Seven of the nine stocks have delivered posi tive returns, while three have gained over 100%. The analysis is based on closing prices as of 28 September 2026.
AI can pick funds, but it can't stop panic selling
The software can analyse thousands of funds and figure out that the three or four you are researching have almost identical portfolios. However, the investors real challenge lies in the middle stage. Choosing a good fund is the easy part because there are actually a lot of good funds and distinguishing the good from the bad is not black magic, nor is it guesswork.
Wealth adviser WhatsApp hack: Know the danger signs
Recent incidents highlight the increasing threat of compromised WhatsApp accounts among financial advisers in India. These attacks exploit trust, as fraudsters impersonate advisers through hacked accounts. Financial firms have implemented strict new security measures to mitigate future attacks and protect client information. Advisers urge their clients to adopt safer communication practices when handling sensitive financial information. Staying vigilant and verifying communications can prevent potential scams and financial losses.
EPF wage ceiling hike: Impact on EPF, EPS, salary
While the higher ceiling does have an impact on immediate net cash take-home of the employee due to increased contribution, it will certainly support building of future corpus for retirement and higher pension by way of contribution to the provident fund and pension scheme.
EPF wage ceiling hike: EPS legacy issues remain
The recent adjustment to the Employees' Provident Fund wage ceiling significantly widens eligibility for benefits, raising the contribution limit from Rs. 15,000 to Rs. 25,000. This revision aims to enhance social security, but it might pose complexities for pension contributions. Employees should verify the accuracy of their EPS records to prevent issues, as the swift rollout of the new ceiling could lead to unforeseen challenges.
Insurance mis-selling: Why IRDAI's role is the key
The Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributors. This move seeks to tackle high distribution costs, ultimately enhancing the policyholder experience. By implementing reforms aimed at fostering customer-centric practices, the initiative aims to curtail the mis-selling of insurance products. Insurers must align their compensation methods with the value delivered to customers.
IRDAI paper: Consumer protection needs more focus
Rules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behaviour that created the problem. No regulator can adjudicate every commercial decision made by every insurer and distributor.
The CEO factory: How ICICI, SBI, Axis shaping financial services leadership
HDFC Bank, ICICI Bank, SBI and Axis Bank have emerged as key training grounds for financial services leaders who later take up top industry roles
From pause to tightening: 7 in 10 bank economists expect a neutral policy stance
SBI appoints Deepak Kaushik as Chief General Manager of Bengaluru Circle
Former Country Head for East Asia will oversee the banks second-largest circle, with 1,573 branches across Karnataka
Deposit growth gets a leg-up for banks in Q2 due to FCNR(B) mobilisation
Public and private sector banks reported strong deposit growth in Q2FY27, aided by FCNR(B) mobilisation under the RBI's concessional swap window
Equity MFs delivered up to 5% return last week; international funds lead. Check top 5 performers
Equity mutual funds delivered up to 5% returns last week, with international schemes dominating the gainers. Only 49 of 626 funds posted positive returns, while losses reached 3.8%.
Turn sporadic savings into a system: Set a budget, review regularly
A practical guide to breaking the cycle of irregular savings and building a consistent, stress-free financial buffer
3 passive mutual fund NFOs to open on Monday. Check key details
Three passive mutual fund NFOs from JioBlackRock, Kotak and HDFC will open for subscription on October 5 and close on October 19. Here are their investment categories, minimum application amounts and other key details.
Planning a lumpsum investment in smallcap mutual funds? Check top 3 leaders and laggards
Smallcap mutual funds delivered mixed returns over the past two years. Motilal Oswal Small Cap Fund emerged as the top performer, while Tata Small Cap Fund was the biggest laggard.
RBI repo rate likely to climb to 6% in FY27; G-Sec yields face upward pressure
A broad CRR hike appears less preferred, given RBIs earlier exemption of eligible FCNR(B) deposits from reserve requirements, report read.
Parliamentary panel may recommend govt for action on monitoring crypto
A parliamentary panel may recommend to the government how to monitor cryptocurrency transactions and what to do legally with such digital assets, a source aware of the matter said. The Parliamentary Standing Committee on Finance, headed by BJP MP Bhartruhari Mahtab, has examined various aspects of Virtual Digital Assets (VDAs), a legal term for cryptocurrencies and non-fungible tokens (NFTs), for over a year and held more than half a dozen meetings. The panel is currently preparing its report for submission to the Speaker of the Lok Sabha. There is a possibility that the committee may recommend to the government action for monitoring of cryptocurrency transactions and wider consultations on what to do legally with all such digital assets, the source said. The panel is also likely to suggest that the government bring in the latest technology for stricter monitoring of all digital assets. India does not recognise crypto as an asset and has issued no direction to regulate them in the
CBI chargesheets RCom, ex-LIC chief investment officer in Rs 3,750-cr cheating case
The investigation concerns LICs 2012 subscription to non-convertible debentures issued by Reliance Communications on the basis of alleged misrepresentations
RBI Committed To Remain Vigilant Of Emerging Vulnerabilities, Keep Financial System Resilient: Guv
Malhotra also flagged a new generation of systemic risks that are increasingly exogenous, cross-border and interconnected.
Resilience of financial system not a guarantee against future vulnerabilities: RBI Guv
Todays resilience may not necessarily imply tomorrows immunity, RBI Governor Sanjay Malhotra says as he flags increasing exogenous systemic risks
Debt funds whose returns are more than a conventional fixed deposit instrument.
GIFT City has rules for family offices to go global, but capital controls remain a hurdle
GIFT Citys offshore Family Investment Fund regime allows Indian family offices to access global markets, as outbound schemes raise about $1.1 billion
PPF, SCSS, NSC, MIS & other small savings scheme interest rates for October- December 2026
These 9 equity mutual funds lose over 8% in September. Are any of these part of your portfolio?
Mutual fund investors lost upto 10% in September with the benchmark index - Nifty 50 down 5.56% in the same period.
Rs 1.42 lakh outstanding maintenance dues: Housing society calls resident a defaulter, Maharashtra State Co-Operative Appellate Court protects him from being labelled defaulter; Know why
In a recent announcement, the Ministry of Finance reaffirmed the Sukanya Samriddhi Account interest rate at 8.2%. The next evaluation of small savings scheme rates is set for the December 2026 quarter. To initiate a Sukanya Samriddhi Account for a girl child, a minimum deposit of Rs 250 is required. The account matures after 21 years and permits partial withdrawals for education post age 18.
Gold rate tpday: Today, gold prices have shifted downwards among various prominent jewellers, with Tanishq holding steady at its previous rate. As of October 3, 2026, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers listed their 22k gold price at Rs 13,675 per gram, while Tanishq's price remains unchanged at Rs 13,820 per gram. This update is vital for potential buyers considering gold investments.
Saturday bank holiday: Are banks open or closed today on October 3, 2026?
On October 3, 2026, all banks are operational across the nation despite a recent holiday. Customers can engage in banking activities online and via UPI services. October features various bank holidays, including Mahatma Gandhi Jayanti and Dussehra, each affecting scheduled and non-scheduled banks. Banking services remain widely available to customers during these festive days.
Reimagining Kerala: CM calls for comprehensive transformation across key sectors
V D Satheesan delivers 18th K P Hormis Memorial Lecture hosted by Federal Bank
Active mutual fund keep beating passive peers, but edge narrows over time
Similarly in the first year, active small-cap funds generated returns of 3.6 per cent, while passive funds failed to deliver any gains registered a decline of 0.2 per cent
India's forex reserves fall $18.3 bn, post biggest weekly decline on record
Foreign exchange reserves have fallen for three straight weeks, losing about $38.2 billion, as the RBI intervenes to support the rupee amid higher crude oil prices
A consensus builder who unwinds with black coffee and a non-fiction book
Market participants believe Bagchi is likely to emphasise his trust in HDFC Banks existing leadership team and to take the franchise to even greater heights
RBI promotes Malli as Executive Director
Prior to this, Malliwas serving as Chief General Manager-in-Charge of the Department of Supervision
Check authenticity and costs before buying art; keep allocation small
Commit only money you can leave invested for years
The Latest Fixed Deposit Interest Rates: Oct 02, 2026
The Latest Fixed Deposit Interest Rates: Oct 02, 2026
The Latest Home Loan Interest Rates: Oct 02, 2026
The Latest Home Loan Interest Rates: Oct 02, 2026
FPIs turn net sellers, pull out Rs 35,860 cr in Sep
In September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising US interest rates. This selling trend persisted into October with an outflow of Rs 9,232 crore. This selling follows significant investments of Rs 49,830 crore made in July and August.
Every Saturday bank holiday? Govt debunks fake Gazette; here's the rule
Bank branches are closed on the second and fourth Saturdays, while other Saturdays are generally working days
ICICI Prudential Mutual Fund launched its new Contra Fund, open for subscription until October 12. The scheme follows a contrarian strategy, investing in out-of-favour companies with turnaround potential. Experts stress research, patience and a long-term horizon, while cautioning that contra funds can underperform for extended periods as market sentiment shifts.
Parents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny from the Income-tax Department. Understanding when these transfers could prompt questions and how to document them properly is crucial for avoiding potential tax liabilities or notices. Learn about the necessary safeguards and responses to inquiries.
Gold rate today: On October 2, 2026, gold prices saw slight upticks as consumers observed the latest trends in bullion and jewellery costs. The IBJA also published revised rates for various gold and silver purities.
Midcap mutual funds: 3 top performers and 3 laggards SIP investors should know
Over two years, HSBC Midcap Fund delivered the highest SIP return at 17.5%, followed by WhiteOak and ICICI Prudential. The midcap category averaged 7.85%, while monthly SIP flows rose 37%.
Rs 15,000 SIP made investors crorepatis in 15 years: These 30 mutual funds struck gold
A Rs 15,000 monthly SIP grew to more than Rs 1 crore over 15 years in 30 of 138 equity mutual fund schemes analysed. Small-cap and mid-cap funds dominated the list, but experts caution that past returns cannot be treated as forecasts and stress diversification, consistency and scheme selection.
HDFC Mid Cap and TrustMF Mid Cap among 5 midcap funds with highest cash holding
Five midcap mutual funds held between 4.85% and 7.19% cash in August portfolios. Axis Midcap Fund had the highest allocation, followed by HDFC Mid Cap, TrustMF Mid Cap, Franklin India Mid Cap and Canara Robeco Mid Cap.
Five equity mutual funds delivered annualised SIP returns of up to 24.6% over 10 years. The funds span small-cap, mid-cap and ELSS categories, highlighting strong historical performance while underscoring the importance of risk, goals and investment horizon.
Where to complain if employer misses EPS payments
Bank of Baroda incorporates pension fund subsidiary
The public sector bank (PSB) is the sponsor of the new Company, with a shareholdingof 80.10%
8th Pay Commission pension calculator: Around 69 lakh pensioners fall under the central government's administration, with most benefiting from the Old Pension Scheme. Employee organisations are urging changes to the terms of the 8th Pay Commission to accommodate earlier revisions in pensions. The 8th Pay Commission has an 18-month deadline to submit its report. Modifications for Level 5-9 employees pensions will hinge on forthcoming fitment factors and estimates released alongside the commission's findings.
Granddaughter lost 2.5 acre of land as her grandmother had gifted it to her step-mother who sold it; Madras HC rejects granddaughters ancestral land claim under Hindu Succession Act, 1956. Know why grandaughter lost the case.
Bank holiday on October 2, 2026: Are banks open or closed today on Gandhi Jayanti?
On October 2, 2026, India will observe Gandhi Jayanti as a national holiday, affecting all banks. Public and private sector banks will be closed, including cooperative and regional rural banks. Customers should plan their transactions accordingly, as physical bank branches will not operate on this day. However, essential services like online banking and ATMs will continue to function normally.
Retail veteran to lead the private bank from January 2027
Banks lose pricing advantage as RBIs bulk deposit disclosure norm kicks in
The change comes just before the RBIs MPC meet, with analysts expecting a repo-rate rise that could influence funding strategies and deposit costs across the sector
UK homeowners face mortgage shock as global bond sell-off deepens
Thousands of British homeowners face higher repayments as fixed-rate deals expire amid rising borrowing costs and renewed inflation pressures.
US Treasury yields hit highest since 2002 as global bond sell-off deepens
Rising energy costs, persistent inflation and stronger growth expectations are reshaping bond markets as investors reassess long-term borrowing costs globally
Global bond yields hit multi-decade highs: What is driving the rise?
Higher yields are reshaping borrowing costs across major economies, affecting government finances, mortgages, loans, companies and financial markets
Indian Bank working on mechanisms to prevent UPI MDR being passed on to consumers
The bank is also considering absorbing part of the charge for merchants where it acts as the acquiring bank.
NaBFID raises $750 million in debut US dollar bond issuance
The 10-year benchmark bond marks the first drawdown under NaBFIDs $4 billion Global Medium-Term Note programme for infrastructure financing
ACKO launches three new products aimed at pre-emptive customer protection
The launches come as ACKO reported operating revenue of 2,837 crore in FY25, up 35% year-on-year, while narrowing net losses by 37%
New fund offers: 9 mutual funds and 2 SIFs are open for subscription now. Check dates and details
Nine mutual funds and two SIFs are currently open for subscription, including four ETFs, two index funds, a contra fund, a small-cap FOF and a life-cycle fund.
PFRDA targets 2-3 crore new NPS subscribers in next two years
The new initiative is expected to widen pension coverage across tier 2 and tier 3 cities and encourage informal-sector participation.
Explained: How smart beta funds work and what investors should know before investing
Smart beta funds combine passive investing with rule-based factor strategies targeting value, quality, momentum or low volatility. They offer diversification and potentially lower costs but can underperform traditional indices. Experts suggest using them as a portfolio complement for long-term investors.
WhatsApp Business pricing changes from October 1, 2026: Key points for India
Starting October 1, 2026, WhatsApp Business users in India will begin to face charges for service messages, which were previously provided free of charge. The new pricing, which will vary by market and be billed in Indian rupees, requires businesses to have a payment method on file to avoid service interruptions.
13 equity mutual funds fail to outperform benchmarks in 3 years: ACE MF
According to data from ACE MF, 13 equity mutual fund schemes have underperformed their benchmarks over the last three years based on their down capture ratios. Schemes from Samco, Shriram, ITI, Motilal Oswal, and others registered down capture ratios exceeding 110, indicating higher losses during market downturns.
RBIs forex swaps create opening for Indian firms to tap dollar funding at lower cost
Banks are approaching corporate borrowers with structures in which a rupee loan, commercial paper or non-convertible debenture is combined with a dollar-rupee cross-currency swap
A recent study highlighted that 73% of equity mutual funds failed to generate positive returns on lumpsum investments within a two-year timeframe. Among the 273 funds analyzed, merely 73 showcased profitable performance, indicating substantial losses across the board. Noteworthy among the underperforming categories were flexi cap funds, with Samco and NJ Flexi Cap Funds leading in losses.
Planning to invest in flexicaps via SIPs? Here are top performers and laggards over past 2 years
Religares former chairperson Rashmi Saluja seeks extension in SAT matter; next hearing on October 9
Saluja seeks more time as SEBIs UPSI case hinges on open-offer timing; next SAT hearing set for October 9 after May ruling on disgorgement and penalties
Gold Rate: On October 1, 2026, a shift was observed in the gold market as prices fell at key jewellery outlets in India. In Delhi, Tanishq offered 22k gold jewellery at Rs 13,725 per gram, a decrease from Rs 13,755 previously. Malabar Gold & Diamonds also reported rates of Rs 13,680 per gram.
SundaramFinancepartners with GMT Engineers to finance advanced metal forming machinery
Collaboration designed to support small and medium-sized manufacturers, job shops, and industrial enterprises
Mutual fund investors lose up to 10% in September as Nifty falls. What should investors do?
In September, mutual fund investors encountered significant setbacks as many technology-focused funds saw sharp declines. The Nifty 50 index fell by 5.56%, leading to nearly 95% of the evaluated funds posting negative returns, with many suffering losses exceeding 9%. To navigate this turbulence, experts suggest that investors should prioritize diversification and maintain balanced asset allocations, employing a disciplined strategy toward equities during this volatile market phase.
HDFC Bank names ICICI Banks V N Srivatsan as Chief Compliance Officer
The appointment follows Rakesh Kumar Rajputcompleting his three year tenure as the Chief Compliance Officer of the Bankon September 30, 2026
Sale Deed vs Agreement of Sale: Whats the Difference and Which One Gives You Ownership?
Forgotten Insurance Money? New Registry Helps You Find Lost Life, Health & Motor Policies
Best mutual fund SIP portfolios to invest in October 2026
ETMutualFunds'best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 while creating these portfolios. Take a look at our recommended portfolios.
Anup Saha to be next MD & CEO of Kotak Mahindra Bank
Saha joined Kotak Mahindra Bank in January 2026 and currently oversees the retail banking, data analytics and marketing functions
