29 C 
Finance professionals unite to launch new investment platform for Bharat
The firm aims to provide low-ticket products like Choti SIP and sachet health insurance for street vendors, gig workers, homemakers, and students
Cognizant goes live with Axis Banks AMS 2.0 application management services
The partnership will support application systems across banking, payments, treasury, finance, data platforms and other key business verticals
Is Punjab heading towards UPS-like pension scheme? Heres what its notification suggests
The Punjab government is taking a closer look at its pension scheme for state employees, with the goal of aligning benefits more closely to the Old Pension Scheme. This comprehensive review will assess both the administrative and financial aspects necessary for effective implementation while also drawing insights from successful practices in other states. A revised pension structure is set to be proposed following this in-depth analysis.
Zero MDR charge: 7 UPI transactions where you don't need to pay any fee
Starting from October 2026, a new Merchant Discount Rate framework will be introduced for specific UPI transactions. This framework is designed to categorize rates according to merchant industry types and transaction amounts. Fortunately, most daily UPI payments and small vendor transactions will still be exempt from these fees, allowing individuals to continue enjoying unlimited free UPI transactions without any limitations.
Two members challenged redevelopment plan citing 10% less area with potential Rs 25 to 30 lakh loss; loses case in Maharashtra Co-operative appellate court in a interim judgement. This article explains why.
Retiring soon? How much higher EPS pension will you get after the wage ceiling hike
The Employees Provident Fund wage ceiling has risen to Rs 25,000. This change will affect Employees Pension Scheme members' monthly pension amounts. Employees with longer service periods will see greater pension increases. Pension calculations depend on average salary and years of pensionable service. The new ceiling allows more employees to join the EPS scheme.
Can a Rs 10,000 mutual fund SIP help you build Rs 1 crore? Check the timeline
Explore how a Rs 10,000 monthly SIP can grow toward a Rs 1 crore corpus, with timelines varying based on expected returns and annual SIP increases of 5% or 10%.
The Employees Provident Fund Organisation has introduced a new wage ceiling of Rs 25,000, which will directly influence the contributions made by both employees and employers to the provident fund. Furthermore, subscribers of the Employees Pension Scheme can expect an increase in their monthly pension benefits.
HDFC Mutual Fund: Eternal, HDFC Bank, ICICI Bank among top 10 stock holdings in August
HDFC Mutual Funds portfolio reflects a strong tilt toward banking and financial stocks, alongside major positions across telecom, technology, consumer, industrial and automobile sectors, highlighting its diversified large-cap investment approach.
Mutual funds have live NAVs. Is checking them too often hurting investors? Radhika Gupta explains
Radhika Gupta, Edelweiss Mutual Fund CEO, cautions investors against checking mutual fund NAVs and stock prices too frequently. Constant access to live data can amplify perceived volatility and shorten investment horizons. She advises evaluating investments according to their intended time frame, particularly long-term equity funds, rather than reacting to daily market movements.
Senior citizen FD rates in mid-September up to 8.5%: Top rates compared
Small finance banks offer the highest rates, while select lenders provide extra interest for super senior citizens aged 80 or more
50 lakh-1.5 cr is sweet spot, 50% of home buyers plan to buy within 2 yrs
2 or 3 BHK? Ready home or under construction? What buyers prefer in 2026
RBI withdraws $5.2 billion via first net open market debt sale in 9 years
The central bank has absorbed cash equivalent to nearly 0.2% of total deposits in the banking system
The EPF wage ceiling limit has been increased to Rs 25,000 with effect from September 17, 2026. However, this does not mean that every employee will experience a lower take home pay. This is dependent on many factors like how much EPF contribution has been now, and others. Read the article.
August witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27 asset management companies. Leading the charge, ICICI Prudential Mutual Fund cut back its cash by Rs 4,314 crore. In contrast, both Bandhan and Kotak Mutual Funds chose to expand their cash positions, while six AMCs collectively held cash portfolios surpassing Rs 10,000 crore.
RBI absorbs 2.40 lakh crore via VRRR auction amid huge surplus liquidity
The central bank received bids worth 2,39,959 crore, which it accepted fully, at a cut-off and weighted average rate of 5.24%
Banks are hidden winners from new $2.8-billion digital payment fee pool
SBI expected to benefit most among issuing banks, along with Axis Bank and YES Bank
While many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest credit means getting the interest earned on a savings account credited to the account each month. So, every month you could see a slightly higher amount than the previous month.
Monthly vs quarterly interest: Bigger bank balance?
Unique Picks: 10 stocks held by a single MF scheme in August; rally up to 141% in 6 months
ETMarkets identified 41 stocks held exclusively by a single equity mutual fund scheme, with holdings valued at over Rs 10 crore. Ten gained between 50% and 141% in six months, including three multibaggers that more than doubled investors wealth.
GOld price today: On September 17, 2026, gold and silver prices dipped as per IBJA rates, with leading jewellery brands recording lower 22k gold rates than the previous day.
8th Pay Commission: 58,000 minimum pension for Level 7? Check Level 47 math
8th Pay Commission pension: Level 4-7 pension estimates at 2.15, 2.28 and 2.57 fitment factors.
Rupee may need to weaken further as fundamentals shift: Axis Bank
The Indian rupee may need to weaken further to align with shifting trade fundamentals and relatively weaker productivity gains from AI, according to an Axis Bank assessment
Senior living in India: Can buying a retirement home drain your savings?
Senior living communities offer security, healthcare support, maintenance-free living and companionship. But moving into one can require a large upfront payment, regular monthly charges and additional healthcare expenses.
Want Rs 1 crore for your childs education in 18 years? See how a Rs 20,000 monthly SIP can help
Want to build a Rs 1 crore corpus for your childs higher education in 18 years? An investor with a moderate-to-high risk appetite can achieve this goal with a Rs 20,000 monthly SIP, assuming a 9% long-term return. An expert recommends a diversified equity portfolio initially, followed by a gradual shift towards safer investments during the final three years to protect the corpus.
Juniper Hotels shares rise 2% on proposed Rs 248 crore acquisition of Novotel Imagicaa
Juniper Hotels shares rose on Thursday after the company proposed acquiring the operating Novotel Imagicaa hotel in Maharashtra for Rs 248 crore. The 287-key property, located in Khopoli, spans around 11 acres and includes restaurants, banquet and meeting facilities. The acquisition is aimed at expanding Junipers presence in the Mumbai-Pune corridor.
novio, IOB launch co-branded RuPay credit card to widen access to formal credit
The card will offer instant digital onboarding and an FD-backed credit facility, allowing customers with limited or no formal credit history to access a credit card while building their credit bureau profile through responsible usage
Sensex rises 200 points, Nifty above 23,300 despite Fed rate hike. Why bears may be ready to pounce
Sensex and Nifty extended gains despite the US Federal Reserves first rate hike in three years, supported by broad-based buying outside the IT sector. Analysts remain cautious as elevated bond yields, FII selling, rupee weakness and geopolitical risks could fuel volatility.
295% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.95 lakh
Sovereign Gold Bond: The Reserve Bank of India has revealed the early redemption price for a gold bond series known as SGB 2019-20 Series IV. Starting from September 17, 2026, investors are eligible to redeem this bond after five years. The redemption price will be determined based on the average gold price from the previous three business days.
Glass Wall Systems shares rally 32% in 2 days after IPO. What should investors do?
Glass Wall Systems shares rallied 12% on Thursday, extending gains after a 7% premium listing and an 18% rise on debut. Analysts highlighted project execution, earnings growth, margins and cash-flow generation as key factors to watch.
New UPI MDR framework to support innovation and investment: Assocham
Assocham said the new UPI MDR framework for high-value merchant payments will support investment in technology and infrastructure, while helping expand UPI acceptance across the country
Best balanced advantage funds or dynamic asset allocation funds to invest in September 2026
If you are planning to invest in balanced advantage schemes, here are our recommended schemes you can consider investing. There are no changes in the list this month. Follow our monthly updates to know how your schemes performed in the previous month.
Goldman Sachs sees October Fed hike after hawkish signal
Goldman said the Federal Reserves meeting was more hawkish than expected and pointed to a two-hike baseline for 2026
Grasim Inds Share Price Live Updates: Grasim Industries Closes Lower at Rs 3173.40
ONGC Share Price Live Updates: ONGC Trading Below Key Support Level
Bajaj Auto Share Price Live Updates: Bajaj Auto's Price Movement Today
UPL Share Price Live Updates: UPL's Stock Overview
Power Grid Share Price Live Updates: Power Grid's Performance Today
TCS Share Price Live Updates: TCS News
BPCL Share Price Live Updates: BPCL Stock Details
UltraTech Cem Share Price Live Updates: UltraTech Cem. Stock Details
Eicher Motors Share Price Live Updates: Eicher Motors Stock Details
L&T Share Price Live Updates: L&T Price Movement Analysis
MFs turn selective, pick Coal India, LIC among largecaps in August
Amid the backdrop of increasing US interest rates in August, fund managers proceeded with caution, prioritizing large-cap stocks that offered favorable valuations coupled with safety margins. Their approach in mid and small-cap investments was selective, choosing firms like LIC, Coal India, and notable pharmaceutical entities. There was also a surge in funding for NBFCs and research organizations in this period.
Fed raises rates by 25 basis points, signals one more hike this year
Federal Reserve officials expect one more rate hike this year and steady rates in 2027, while raising inflation forecasts and maintaining growth outlooks.
ICICI Prudential Life reports 99.31% claim settlement ratio in Q1FY27
The insurer said its digital processes helped accelerate claim settlements, with non-investigated claims taking an average of one day
EPF wage ceiling hike: Lesser take home salary for these employees; know how you will be impacted
In a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh workers to the social security umbrella. With this change, both employee and employer contributions will go up from Rs 1800 to Rs 3000, potentially cutting monthly take-home pay by Rs 1200.
Satin Finserv launches programme to back next gen climate innovators
The initiative will connect young innovators with mentors, investors and industry experts to help climate-focused ideas move towards real-world application
Govt tax reforms aim to reduce litigation at source, seeks practical industry Inputs: FM Sitharaman
Govt tax reforms aim to reduce litigation at source, seeks practical industry Inputs: FM Sitharaman
Urban Infra to drive Indias next growth cycle, says NaBFID MD Rajkiran Rai
India must mobilise private capital for future infrastructure needs, says NaBFID MD
Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?
The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees Deposit Linked Insurance coverage amount. Nominees could receive a maximum assured sum of Rs 10.50 lakh or more. The revised ceiling aligns social security thresholds with current wage levels. Employers should await formal notification for detailed implementation provisions.
Filed ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant mistakenly filed this ITR under the old tax regime. M. Balaganesh, Accountant Member and Sudhir Kumar, Judicial Member of ITAT Delhi heard this case.
GIFT City jumps nine places to 37th in global financial centres ranking
The report highlighted GIFT City as one of 15 international centres expected to grow significantly in importance over the next two to three years
How much money can NRIs transfer from NRO to NRE account in a year?
Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but there are specific regulations to follow.
IndusInd Bank expands HYROX India tie-up to Ahmedabad, Bengaluru and Noida
IndusInd Bank customers to get cashback offers and race-day benefits including priority check-in, dedicated access lanes and curated on-ground experiences at HYROX events
70% think Rs 1 crore is enough for retirement; can it meet your retirement goal?
Is Rs 1 crore enough for retirement? A new study reveals declining confidence among urban Indians, with many accumulating only 28% of their target corpus. Retirement planning is shifting earlier, with a growing focus on health and personal passions. Discover what truly defines retirement readiness beyond just financial savings.
67% rise in EPS pension for these employees as wage ceiling hike to Rs 25,000 gets cabinets approval
The central government has raised the provident fund wage ceiling to Rs 25,000 monthly, which will enhance social security coverage for many organised sector employees. Those earning this amount in basic pay and dearness allowance will now be included in the Employee Provident Fund and Employee Pension Scheme. This adjustment aims to broaden the reach of social security benefits, thus supporting a larger workforce in their retirement planning.
HUDCO and Tata Elxsi among top 5 midcap stocks that saw highest mutual fund selling in August
Mutual funds recorded their highest net selling in five midcap stocks during August, led by Tata Elxsi, HUDCO and Rail Vikas. Laurus Labs and UPL also saw significant selling, according to a Motilal Oswal Financial Services report.
After elder sister revoked her 1st Will, younger sister forcefully grabbed her house and refused her entry; elder sister writes a 2nd Will giving house to adopted daughter; Punjab and Haryana HC upholds this 2nd Will. An SLP has been filed against this high court judgement in Supreme Court. SC's decision is pending.
ICICI Bank, HDFC Bank, and RIL among 8 stocks owned by 600 mutual funds in August
Eight stocks were held by more than 600 mutual fund schemes in August, making them the most widely owned stocks based on scheme holding count, according to ACE MF data. ICICI Bank topped the list with 775 funds, followed by HDFC Bank and SBI. Bharti Airtel, Reliance Industries, Axis Bank, Infosys and L&T also featured among the stocks with the highest mutual fund ownership.
How to Match Investment Products with Your Time Horizon
Aligning investments with goal deadlines can balance liquidity, market risk and inflation while preventing costly timeline mismatches.
Equitas Small Finance Bank approves 500-crore fundraise through non-convertible debenture issue
The issuance will be on private placement basis to one or more prospective eligible investors
Term insurance purchases rise 1.5X post-GST break, more buy riders: Report
Lower premiums are prompting buyers to reassess their protection needs and opt for higher cover and riders.
UPI MDR opens new revenue pool for PSPs; sharing formula key
Step towards a sustainable payments ecosystem, says a market player
Gold rate today: 24k vs 22k vs 20k prices
RBI absorbs 2.90 lakh crore via two VRRR auctions amid huge surplus liquidity
First auction sees strong bids for 2.50 lakh crore; second draw is tepid at 40,302 crore
The US Federal Reserve is widely expected to raise interest rates for the first time in three years, as persistent inflation, higher oil prices and rising bond yields add to pressure on policymakers. The move could have implications for Indian equities, the rupee, bond yields, gold and foreign investor flows, with the Feds forward guidance likely to remain crucial.
UPI versus cards: What merchants will pay under the new MDR regime
The new UPI MDR ends its zero-cost model for select high-value merchant payments; here is how the 0.4 per cent charge compares with what merchants pay to accept debit and credit cards
RBI absorbs 2.9 trillion via two VRRR auctions amid surplus liquidity
The Reserve Bank of India (RBI) on Wednesday absorbed Rs 2.90 lakh crore through two variable rate reverse repo (VRRR) auctions from the banking system amid a huge surplus. In the first auction, the central bank received bids worth Rs 3,17,088 crore for a notified amount of Rs 2.50 lakh crore. However, it accepted only Rs 2,50,025 crore at a cut-off and weighted average rate of 5.24 per cent. The central bank received a tepid response in the second auction with bids worth Rs 40,302 crore for a notified amount of Rs 1 lakh crore, which it accepted fully. The RBI, since last month, has been conducting various VRRR auctions in order to absorb surplus liquidity from the banking system and align the overnight money market rates to the repo rate. Currently, liquidity in the banking system is estimated to be in surplus of around Rs 9.85 lakh crore as on September 15. Apart from VRRR, last week, the central bank announced Open Market Operation (OMO) sales of government securities for a ..
10 UPI transactions that will attract MDR charges
SEBI said to ease arbitrage fund rules to aid closing auctions
SEBI has allowed arbitrage mutual funds to temporarily carry unhedged positions of up to 1% of their plans, aiming to improve liquidity in the struggling stock closing auction. Arbitrage funds held combined assets of Rs 3 trillion at the end of August.
8th CPC: How much HRA Level 10 officers may get
Run a small shop? How to check whether UPI MDR applies to you
UPI payments above 2,000 will attract a merchant fee for eligible businesses from October 15. Here's how small shopkeepers can check if the new MDR rules apply to them
Quant Mid Cap Fund exits ICICI Bank, 2 others and adds 5 stocks in August
Quant Mid Cap Fund exited ICICI Bank, Ambuja Cements and L&T Technology Services in August, while adding six stocks including IDBI Bank, Concor and Sona BLW Precision Forgings. The fund also increased exposure to three stocks and maintained holdings in 16 stocks.
Landlord lost tenant eviction case due to this mistake
MFs raise healthcare bets for 4th straight month to 71-month high. Should investors follow?
Mutual funds raised their healthcare allocation for the fourth straight month in August 2026 to 8.4%, the highest in 71 months. Experts attribute the increase to resilient demand, earnings visibility, structural growth and opportunities in hospitals, specialty pharma and healthcare outsourcing. However, they caution investors against chasing the rally and suggest focusing on valuations, earnings quality and long-term prospects.
Daily, Weekly or Monthly SIP? Here's the best frequency to grow your money
JSW Steel Share Price Live Updates: JSW Steel Gains Ground in Today's Trading
Buying a car? Your EMI is only the start; 8 hidden costs every owner must budget for
Best arbitrage mutual funds to invest in September 2026
Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.
Bajaj Finance Share Price Live Updates: Bajaj Finance Current Market Status
IndusInd Bank Share Price Live Updates: IndusInd Bank News
Tech Mahindra Share Price Live Updates: Tech Mahindra News
Grasim Inds Share Price Live Updates: Grasim Inds. News
Sun Pharma Share Price Live Updates: Sun Pharma's Price Movement Today
UltraTech Cem Share Price Live Updates: UltraTech Cem. News
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Price Analysis
