33 C 
Life insurance NBP jumps 21% in September; non-life premium up 6%
LIC and private life insurers drive strong new business premium growth, while general and health insurers lift non-life premiums despite a sharp decline in crop insurance collections
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.
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
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.
Fund Review: SBI Large & Midcap Fund
Fund Review: SBI Large & Midcap Fund
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
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.
Non-life insurance industry premium rises 8.92% in H1 FY27; agriculture insurance plunges
The industrys performance was supported by strong health insurance growth, while a sharp fall in agriculture premiums restrained overall expansion
HDFC Bank cuts MCLR rates by up to 15 bps: Check impact on your loans
Decision covers all MCLR-linked tenures, but impact on interest rate and EMI will depend on benchmark and terms of a loan
PNB, BoB & others increase lending rates
Aditya Birla Sun Life Mutual Fund has launched a sectoral debt fund focused on financial services, with relatively high interest rate risk and moderate credit risk. Experts say investors should weigh the funds sector concentration and limited track record against potential benefits from attractive yields, while considering diversified debt options for core allocations.
India may delay 0.4% UPI fee rollout for large payments
The potential postponement could give the payments industry additional time to prepare while avoiding disruption during the busy festive period.
Edelweiss Asset Management launched the Edelweiss US Technology Equity Fund through GIFT City, providing dollar-denominated exposure to JPMorgans US Technology Fund. The fund targets resident investors, NRIs, institutions and family offices, with a $5,000 minimum investment. The launch offers an alternative overseas investment route amid Indias mutual fund limits.
Indian equities remain under pressure as the RBIs calibrated tightening stance, continued FII selling and rising oil prices weigh on sentiment, while IT stocks outperform and analysts expect largecaps to face further pressure.
Best small cap mutual funds to invest in October 2026
According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks. Small companies go through many ups and downs - more than the established companies in the large and mid cap segments. That is why investing in small cap stocks is considered extremely risky; the small cap segment can also be extremely volatile, especially in the short term. That is why small cap schemes are recommended only to aggressive investors with a very high risk appetite and very long investment horizon.
EPF wage ceiling raised to 25,000: What changes for your salary, PF and pension?
50L accident claim denied; why nominee won
Jubilant FoodWorks shares in focus after Q2 revenue grows 12% YoY
Jubilant FoodWorks reported 11.9% YoY growth in consolidated Q2FY27 revenue to Rs 26,087 million, while standalone revenue rose 11.6%. Dominos India posted 4.1% LFL growth, and the company added 108 stores, taking its network to 3,820. Shares gained 2.42% amid investor focus on demand, sales growth and expansion.
RBI may deliver 50 bps jumbo hike in December, repo rate seen at 6%: SBI Research
The report expects inflation to peak at around 6.8% in November 2026
Bajaj Auto Share Price Live Updates: Bajaj Auto's Market Update: Price and Volatility
L&T Share Price Live Updates: L&T's Daily Performance Update
HUL Share Price Live Updates: HUL Price Update
Kotak Bank Share Price Live Updates: Kotak Bank's Financial Snapshot
Bharti Airtel Share Price Live Updates: Bharti Airtel's Financial Snapshot
HCL Tech Share Price Live Updates: HCL Tech's Stock Price Update: Key Figures
Grasim Inds Share Price Live Updates: Grasim Industries Market Performance Snapshot
Tata Motors PV Share Price Live Updates: Tata Motors PV Trading Below Key Support Level
Maruti Suzuki Share Price Live Updates: Maruti Suzuki News
HDFC Bank Share Price Live Updates: HDFC Bank's Price Breakout Below Support Level
Asian Paints Share Price Live Updates: Asian Paints Trading Update
Brother cuts sisters from parents lands & wins case: Sisters wanted to apply Hindu law of succession and get 1/3rd share in parents lands, brother refused them and wins case in Madras HC; Know why
India's rural economy decoupling from monsoon shocks, says RBI report
Rural incomes are becoming less dependent on monsoons as allied activities, irrigation and diversification cushion the impact of rainfall shortfalls.
RBI rate hike: Major banks raise lending rates, making loans costlier
The lending-rate increases took effect or will take effect from October 8, while some banks kept MCLR and Base Rate unchanged
UNDP, Generali Central launch insurance innovation challenge to strengthen MSME resilience
Up to three winners will snag grants of up to $40,000 each, with applications due November 20, 2026 and results in February 2027
EMIs to increase as RBI kicks off rate-rise cycle, shifts policy stance
The MPC raises the repo rate by 25 basis points to 5.5 per cent and shifts to calibrated tightening, with economists expecting further increases as inflation risks persist
RBI allows Account Aggregator interoperability, expanding customer choice
Move enables seamless consent-based data sharing, faster credit assessment and consolidated financial views
A smallfee on UPI transactions will not have a major impact on volumes: RBI GUV
According to NPCI, there is no impact on small-value UPI transactions up to 2,000
RBI expects rate hike transmission to temper credit growth in coming quarters
Banks should undertake proper due diligence and use FCNR(B) deposits prudently, says Governor Malhotra
RBI removes Paytm Payments Bank from scheduled banks list after licence cancellation
Digital Desk | New Delhi, Oct 7 (IANS) The Reserve Bank of India (RBI) on Wednesday announced that it has removed Paytm Payments Bank Limited (PPBL) from the list of scheduled banks, formally reflecting the lender's changed regulatory status following the cancellation of its banking licence earlier this year. In a notification, the central bank said Paytm Payments Bank has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934, which contains the list of banks recognised as scheduled banks. The notification was issued on July 31 and later published in the Gazette of India in September. Paytm Payments Bank Limited has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S3674/16.13.215/2026-27 dated July 31, 2026 and published in the Gazette of India (Part III - Section 4) dated September 07, 2026, the central bank said in its official statement. The development follows the RBI's decision in April to cancel the banking licence of Paytm Payments Bank, citing persistent non-compliance with regulatory requirements. The central bank had said the bank's affairs were being conducted in a manner detrimental to the interests of both the institution and its depositors. Paytm Payments Bank had been under regulatory scrutiny for several years. In March 2022, the RBI barred the lender from onboarding new customers after identifying what it described as material supervisory concerns. The bank was also directed to appoint an external IT audit firm to conduct a comprehensive review of its technology systems. Regulatory restrictions intensified in early 2024, when the RBI prohibited the bank from accepting fresh deposits, credits and top-ups in customer accounts, prepaid instruments and wallets, citing ongoing compliance concerns. The latest notification comes after the Delhi High Court ordered the winding up of Paytm Payments Bank. The lender, an associate of fintech major Paytm promoted by Vijay Shekhar Sharma, had faced repeated supervisory actions and operational curbs before ultimately losing its banking licence.
Govt bond yields near three-year high after RBI's hawkish policy shift
The benchmark 10-year government bond yield rises to 7.24 per cent as the RBI shifts to withdrawal of accommodation, with foreign outflows and oil prices adding pressure
Repo-rate hike wont derail festive auto growth; protecting affordability could cost 1,000 crore
Small EMI increases for individual buyers could become sizeable when financing support is extended across millions of vehicles
RBI turns hawkish; ups repo rate by 25 bps to 5.5%
About-face: MPC changes stance from neutral to calibrated tightening; market expects another 50 bps hike in FY27
RBI repo rate hike: What it means for your home loan EMI
Rate hikes may moderate credit growth, but unlikely to impact economic expansion: RBI
The surplus systemic liquidity will not last for long, transmission in the deposit rates will also eventually happen: RBI Guv Malhotra
Rupee closes at 96.78 per dollar as RBI policy fails to boost sentiment
The rupee records its second-weakest close as external pressures and weak dollar inflows weigh; RBI Governor Sanjay Malhotra says the currency may be undervalued
Individuals exempt from reporting foreign earnings; RBI to issue FAQs soon
Clarifying that individuals do not need to report imports or export earnings, the Reserve Bank on Wednesday said it will publish FAQs (frequently asked questions) shortly to quell misunderstandings around the recently implemented regulatory changes. Even in the case of entities, there is a provision for self-declaration up to a cap of Rs 10 lakh per bill, Governor Sanjay Malhotra said. Malhotra said the unified Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, implemented from October 1, get services players on par with merchandise entities when it comes to reporting requirements. ...individuals are not included with respect to the reporting requirements for contracts of a personal nature. There seems to be some misunderstanding on the reporting obligations. We will clarify through an FAQ shortly, Deputy Governor Rohit Jain said. He said the new regulations are aimed at simplification and promoting ease of doing business, and added that ..
Highest 3, 5-year senior citizen interest rates
Five small cap mutual funds delivered annualised returns above 22% over three years through September 2026, led by Bandhan Small Cap Fund. However, investors should assess risk appetite, investment horizon and financial goals rather than choosing funds solely on past performance.
Bharti Airtel shares defy weak markets, rise over 2% after launch of new plans
Bharti Airtel shares gained after the telecom major launched new postpaid plans offering additional benefits, including free international roaming.
In a recent incident in Kerala, a grandmother filed court case asking for a share of her late son's family pension AND Rs 15,000 maintenance. However, she lost the case in Kerala High Court. Know why
RBIs 25-basis-point repo rate hike has changed the near-term outlook for mutual fund investors. Experts advise continuing SIPs, staggering lumpsum investments and favouring quality, shorter-duration debt funds. In equities, large caps remain preferred for core allocations, while investors should be selective with small-cap and thematic exposure amid policy uncertainty.
High liquidity no concern for NBFC asset quality, says RBI Governor
RBI Governor Sanjay Malhotra said the central bank sees no asset-quality concerns for NBFCs despite high liquidity, while bank credit growth is expected to remain strong
Gold rate today: On October 7, 2026, gold and silver prices saw notable changes among leading jewellery retailers. Tanishq announced a reduction in the cost of its 22k gold offerings compared to the day before.
RBI to enable interoperability among Account Aggregators, integrate bank deposits with demat CAS
Under the initiative, customers will be able to access and share their financial information across different financial service providers through any NBFC-Account Aggregators (NBFC-AA)
Hyderabad hosts global real estate dialogue as IREC 2026 brings 2,000+ delegates to HITEX
Hyderabad recently welcomed the 7th International Real Estate Conference, gathering over 2,000 delegates from 35 nations. This engaging event featured discussions on evolving global real estate trends, including shifting buyer preferences and technological advancements. Participants also addressed the robustness of India's housing sector, sharing primary sales insights, and delving into critical viewpoints on institutional investments and urban growth.
ITR filing and Income tax audit deadline extended: check 5 critical things taxpayers must know
Six midcap stocks, including Bosch, Siemens Energy India and Lenskart Solutions, could be reclassified as largecaps in AMFIs H1 CY27 rejig, while NSE is expected to enter the largecap segment.
Bajaj Finance raises FD rates by up to 40 bps after RBI rate hike
The NBFC has weighted the increase towards longer tenures, offering up to 7.75 per cent to regular depositors and 8.15 per cent to senior citizens
RBI allows customers to use any Account Aggregator for financial data
Customers will be able to access financial information through any NBFC-AA, while demat account holders can also view bank deposit details in consolidated statements
Soon, FD details will be part of your CAS statement; Heres how it helps you
Soon you will get to see your fixed deposit (FD) details in CAS statements. CAS stands for consolidated account statements and it is usually sent by NSDL, CDSL, Karvy or CAMS. This CAS statement at present shows your demat and non-demat holdings including mutual funds, bonds, listed shares.
Effectively managing a Rs 4 crore investment portfolio requires streamlining and consolidation for optimal financial performance. With multiple mutual funds, ULIPs, and real estate elements, complexity can arise. Financial advisor Shivam Pathak recommends assessing ULIPs and potentially separating insurance from investments. He also advocates for consolidating mutual funds to minimize redundancy and improve clarity, ultimately aiming to align the portfolio more closely with long-term financial aspirations.
ICICI Bank Festive Bonanza 2026: Check discounts on iPhone, LG, Samsung, MakeMyTrip and more
RBI policy highlights: Repo rate rises 25 bps as inflation risks broaden
The RBI raises the repo rate to 5.5% as inflation risks broaden, while keeping its growth outlook firm. Here are the key takeaways from Governor Sanjay Malhotra's statement
RBI changes stance to 'calibrated tightening': Here's what it means
The RBI's new calibrated tightening stance signals that further rate hikes remain possible as the central bank responds to inflation and economic risks
RBI MPC hikes repo rate by 25 bps to 5.25%: A look at last five hikes
The RBI MPC has raised the repo rate by 25 basis points to 5.25 per cent. Here is a look at the central bank's five previous rate hikes and the inflation backdrop at the time
Want 4 lakh in home-loan tax benefits? Here's what couples must do
Both spouses must be co-owners and co-borrowers, and actually contribute to the EMI to claim home-loan deductions
MPC kickstarts rate hike cycle, ups repo rate by 25 bps
The MPC decided to change the monetary policy stance from neutral to calibrated tightening
Best mid cap mutual funds to invest in October 2026
As per Sebi norms, the mid cap mutual funds are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. Thats what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely.
Bajaj Auto Share Price Live Updates: Bajaj Auto's Price Decline Below Support
RBI MPC Meeting Oct 2026 Live: Will the RBI increase repo rate?
A businessline poll of bank economists points to a 25 basis point hike to 5.50 per cent on Wednesday the first increase since February 2023 as firmer inflation, costly crude and a weak rupee end the pause
RBI MPC set to decide rate path as economists weigh immediate hike
The MPC's three-day meeting, being held from October 5 to 7, comes after it kept the repo rate unchanged at 5.25 per cent in August and retained a neutral stance
Eicher Motors Share Price Live Updates: Eicher Motors Trading Insights
HDFC Life Share Price Live Updates: HDFC Life's Price and Returns Analysis
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Market Update
Wipro Share Price Live Updates: Wipro's Daily Performance Update
Britannia Share Price Live Updates: Britannia's Price Movement Today
LTIMindtree Share Price Live Updates: LTIMindtree News
Divis Labs Share Price Live Updates: Divis Labs Market Update
