27 C 
RBI steps on the gas to drain out surplus liquidity; to conduct VRRR auction for 3 lakh cr
At the VRRR auction conducted on Tuesday, the RBI received funds deployment offers aggregating to 1,92,357crore from the banking system, against the notified amount of 2.50 lakh crore
G-Sec yields thaw on crude oil prices dipping below $100 a barrel
The bond market has pencilled in a 25 bps repo rate hike (from 5.25 per cent to 5.50 per cent)
Merchants onboarded cannot pass on MDR charges to customers while accepting payments through UPI. The framework ensures consumers pay only the posted price
Franklin India Small Cap Fund crossed Rs 14,000 crore in AUM, while a Rs 10,000 monthly SIP grew to nearly Rs 1.94 crore over 20 years. The fund has outperformed its benchmark over 15 years, highlighting long-term compounding and disciplined investing.
Planning your mutual fund investments in October? Here are 10 top picks to consider
Investors need to consider their financial goals, investment horizon and risk appetite before selecting a fund.
UIDAI has updated Standard Operating Procedure for changing names in Aadhaar cards, detailing the necessary documentation and scenarios for different types of name alterations.
How to choose a trading app in India: Features, costs and trading tools
When selecting a trading app, it's crucial to examine the features that best suit your trading style. Consider aspects such as brokerage fees, available order types, and trading tools. Additionally, ensure the app provides up-to-date market information and favorable margin trading rates. Assessing customer support and the app's security measures is vital. Ultimately, the chosen app should effectively support both present and future trading ambitions.
Gold prices have corrected sharply from their January peak, but Tata Mutual Fund believes the long-term outlook remains supported by central bank buying, fiscal risks and geopolitical uncertainty. The fund house also remains constructive on silver amid persistent supply deficits.
Indian banks 2QFY27 earnings seen gaining momentum on strong credit growth: Systematix
The brokerage expects earnings growth across its banking coverage universe to accelerate to 14.9 per cent year-on-year in Q2 FY27
Indian insurance brokers oppose regulator's proposed reforms
The regulator's proposed rules include linking commission levels to the complexity of products and effort required to sell
Gold rate today: On October 6, 2026, gold and silver prices saw a minor decline across major jewelry outlets in India. The India Bullion and Jewellers Association reported a reduction in 22k gold rates in several cities. Tanishq noted a decrease in prices for their 22k gold jewelry compared to the day before.
Multicap funds beat flexicaps on returns, but investors still favour flexicaps. Should you switch?
Multi-cap mutual funds have outperformed flexi-cap funds across short- and long-term horizons, but investors continue to favour flexi-cap schemes. Experts attribute the performance gap to multi-caps mandatory exposure to mid- and small-cap stocks, while flexi-caps offer greater flexibility and a relatively smoother risk profile. Should investors switch categories, or stick with their existing allocation?
ET Wealth Reader's Query: I am 42 and have been investing through SIPs for over a decade. My mutual fund portfolio has grown to Rs 1.2 crore, with 90% invested in equity funds. I will need Rs 30 lakh in three years to fund my childs higher education. When should I start moving this money to safer investments, and what is the best way to do it?
Digital Life Certificate: Senior pensioners aged 80 and above can submit their Digital Life Certificate from October 1, 2026. Various submission methods are available, including biometric and face authentication, and doorstep banking.
Kotak Mahindra Bank jumps 3.7% after strong Q2 loan, deposit data
The stock opened at 422, touched a high of 434.40 and has seen traded volumes of 153.20 lakh shares worth 658.94 crore so far in the session
Inside Kotaks IIT classrooms: Teaching SME promoters to think like AI-Native businesses
From mattress makers and filmmakers to jute exporters, Kotak Mahindra Bank is taking SME entrepreneurs to IIT campuses to learn how artificial intelligence could reshape their businesses
PNB Utsav Festivities 2026: Check the banks special offers on home, car, mortgage loans and more
Jio Financial Services Share Price Highlights: Jio Financial Services Stock Price History
RBI seen beginning rate-hike cycle, repo rate may reach 6% by FY27 as inflation risks rise: Reports
Union Bank expects the MPC to raise the repo rate by a quarter percentage point to 5.50% in the current review and shift towards a calibrated tightening stance
Aadhaar isn't mandatory for every pension life certificate; here's what is
If you're managing cryptocurrency on international exchanges without disclosing them in India, the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026) could be essential for you. This piece delves into the necessary steps for declaring foreign digital assets and discusses the consequences of failing to disclose crypto investments, highlighting potential tax liabilities and legal safeguards.
Sonu Nigam buys two Andheri offices for 16 cr, adds to 1 cr Aston office
17 crore and counting: Sonu Nigam buys three commercial units in Andheri
GST input tax credit: What businesses can claim and what stays blocked
From raw materials and rent to motor vehicles and construction, businesses can claim ITC on eligible expenses, but GST rules block credit for several categories
Priming the market for a repo rate hike? RBI announces bigger VRRR auction
The last time RBI conducted a VRRR auction bigger than 2.50 lakh crore was 3 lakh crore on September 17th.
Piramal Finance directors okay 1,750-cr preferential allotment ofwarrants topromoter group
82.94 lakh warrants of the company will be allotted topromoter group entityNithyam Realty
Gold loan companies eye parity on minimum Tier I capital requirementwith other NBFCs
As per regulations, while NBFCs, including GLCs, arerequired to maintaina regulatory minimum CRAR of 15per cent
RBI absorbs 2.10 lakh crore via two overnight VRRR auctions
Over the last two months, the central bank has undertaken multiple VRRR auctions to absorb excess surplus liquidity from the banking system and align the overnight money market rates to the repo rate
Kotak eyes doubling SME portfolio to 2.5 lakh crore in three years
The private-sector bank sees a Rs 28 lakh crore untapped credit opportunity; combines funding, digital solutions and IIT-led AI training programmes to deepen entrepreneurs engagement
The government has raised the wage limit for the Employees' Provident Fund from Rs 15,000 to Rs 25,000 monthly. This adjustment mandates that employees earning under Rs 25,000 join the EPF and EPS schemes. Existing EPS members above this wage threshold will maintain their status, while new entrants wont be obliged to enroll. This reform seeks to enhance social security benefits for workers and their families.
JioBlackRock Mutual Fund files draft document with Sebi for a gold ETF
JioBlackRock Mutual Fund has filed a draft document with Sebi for JioBlackRock Gold ETF, an open-ended scheme tracking domestic gold prices. The ETF will invest 95-100% in gold and related instruments, with a minimum investment of Rs 500.
Groww Value Fund among 5 value funds with highest cash holdings. Check details
The top five value and contra mutual funds held up to 16% cash in August, with DSP Value Fund recording the highest allocation. Fund managers may retain cash to meet redemptions and deploy funds when investment opportunities emerge.
SBI FD calculator: What Rs 1 lakh investment in fixed deposit can give you in 1, 3, 5 and 10 years?
SBI FD interest rate: Investors frequently look to calculate the maturity amounts for their fixed deposit investments with the State Bank of India. Factors such as tenure and current interest rates play significant roles in these calculations.
Wife filed Schedule AL in ITR for first time and got hit with unexplained credit income tax notice for ancestral family jewellery worth Rs 67 lakh; she claimed its ancestral and wins relief in ITAT Mumbai.
8th Pay Commission news: The 8th Pay Commission is set to begin discussions in Bengaluru starting October 7, focusing on employee salaries and related issues. Various government departments are tasked with gathering employee data to aid in compiling a comprehensive report. Early recommendations indicate potential fitment factors that could boost minimum salaries considerably. These suggestions will also influence pension adjustments for government employees.
A 57-year-old investor faces Rs 16 lakh LTCG tax after selling land near Jewar airport. Experts suggest verifying the liability before deciding between property reinvestment or diversified equity investments.
A Rs 10,000 monthly SIP in 12 equity mutual funds grew to more than Rs 10 crore since their respective inceptions, an ETMutualFunds analysis found. Nippon India Growth Mid Cap Fund topped the list with Rs 27.13 crore, followed by Franklin India Mid Cap Fund at Rs 22.13 crore, highlighting long-term wealth creation.
Gold rate today: Gold prices showed little change at major jewellery brands across multiple cities on October 5, 2026. The indicative rates from the India Bullion and Jewellers Association showed a slight decline in bullion prices.
Variable dearness allowance: The government has announced an increase in Variable Dearness Allowance affecting various sectors including agriculture and construction. This revision will take effect from October 1, 2026, and will adjust minimum wages for workers accordingly.
8th Pay Commission arrear calculator: Level 7 employees may lose up to Rs 3.32 lakh due to delay
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
AMFI reshuffle: NSE may get largecap status, SBI Fund Management may become midcap in H1 CY27
Nuvama expects NSE to enter the largecap category and SBI Funds Management to become a midcap in AMFIs H1 CY27 reshuffle. Bosch, Siemens Energy India and others may be upgraded, while several largecaps could move down. The revised classification will take effect from February 1, 2027, after H2 CY26 market-cap rankings.
Mr Amirtharaj from Thygarayanagar, got Rs 85.03 lakh cash gifts from his sisters husband, uncle and other relatives, he deposited this cash in his bank account. After this he got an unexplained deposit tax notice. He wins case in ITAT Chennai; Know how.
$11.5 billion FCNR (B) deposit mop up: HDFC Banks deposits grow faster than advances in Q2FY27
As per provisional business figures, Indias largest private sector bank reported a 18.8% year-on-year (yoy) growth in deposits and 16.3% yoy growth in gross advances in the reporting quarter
HDFC Bank shares rise nearly 2% after Bagchi appointment, Q2 business update
Shares traded flat at 723 on the NSE at 9.58 am after rising to 734.20 in early trade from 721.20 previous close
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
Cipla Share Price Live Updates: Cipla's Recent Market Activity
ITC Share Price Live Updates: ITC Stock Details
TCS Share Price Live Updates: TCS Stock Details
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.
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.
Top sector performer in 2026: Pharma, metals, energy?
In this edition, we present a 10-year performance tracker of various domestic market sectors. The annual returns are ranked for 9 key NSE Sector indices. Metals lead 10-year sector gains; Real Estate, Energy follow. By Sameer Bhardwaj.
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.
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.
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.
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.
Travel planning: Don't overlook these hidden costs
Many travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overlooked charges can hike trip costs by 25-40%, creating budget overruns. It's vital to include local transport, dining, and extra fees in your budget to avoid unexpected financial surprises. Employing effective budgeting techniques ensures a smoother and more enjoyable experience abroad.
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
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.
UPI transaction value may drop 10% after Oct 15 MDR rollout: Survey
LocalCircles estimates UPI transaction volumes could fall 4% and value 10% as consumers shift to cards, cash and bank transfers if merchants pass on the MDR
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
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
Tenant can't claim protection from eviction without first proving signing of an unregistered rent agreement with the property owner's brother, rules Madras HC. In this case the property owner's brother allegedly signed the rent agreement but this aspect could not be proved by the tenant.
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
