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Grandmother seeks maintenance and share in family pension from granddaughter and daughter-in-law; loses case in Kerala HC

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

The Economic Times 7 Oct 2026 3:08 pm

RBI MPC decision: How should mutual fund investors tweak their portfolio strategy after 25 bps rate hike?

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.

The Economic Times 7 Oct 2026 2:16 pm

Vikas Khemanis Carnelian Mutual Fund appoints Rajkumar Dhiman as CEO

Carnelian Mutual Fund has appointed Rajkumar Dhiman as CEO as Vikas Khemanis asset management firm expands into mutual funds, with the fund house set to launch liquid and smallcap funds.

The Economic Times 7 Oct 2026 1:34 pm

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

Business Standard 7 Oct 2026 1:20 pm

Gold rate today (October 7, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq

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.

The Economic Times 7 Oct 2026 1:04 pm

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)

The Hindu Businessline 7 Oct 2026 12:32 pm

AMFI Reshuffle: Lenskart Solutions, Siemens Energy among 6 midcap stocks that may get upgraded to largecap

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.

The Economic Times 7 Oct 2026 11:37 am

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

Business Standard 7 Oct 2026 11:33 am

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

Business Standard 7 Oct 2026 11:30 am

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.

The Economic Times 7 Oct 2026 11:26 am

Rs 4 crore portfolio with ULIPs and multiple mutual funds. Should you simplify and consolidate your investments?

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.

The Economic Times 7 Oct 2026 11:26 am

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

Business Standard 7 Oct 2026 10:34 am

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

Business Standard 7 Oct 2026 10:33 am

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

Business Standard 7 Oct 2026 10:26 am

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

The Hindu Businessline 7 Oct 2026 10:14 am

Do you have to pay tax in India or abroad? Why your residential status is important factor

Individuals earning income abroad must understand their tax residency status according to the Income Tax Act. The Act outlines conditions based on the duration of stay in India for tax purposes. Tax residency rules will apply to financial years beginning from April 1, 2026. Any individuals residential status requires separate analysis for financial years crossing different tax regimes.

The Economic Times 7 Oct 2026 10:10 am

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.

The Economic Times 7 Oct 2026 9:49 am

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

The Hindu Businessline 7 Oct 2026 8:47 am

LTIMindtree Share Price Live Updates: LTIMindtree News

The Economic Times 7 Oct 2026 8:25 am

NTPC Share Price Live Updates: NTPC Stock Details

The Economic Times 7 Oct 2026 8:00 am

Trent shares surge nearly 13% on robust Q2 updates

Trent, the prominent Tata Group retailer, experienced a notable spike in share prices as it unveiled impressive second-quarter results. The company reported a significant 23% year-on-year revenue growth, amounting to 5,788 crore. This development led brokerages to enhance their forecasts and issue favorable ratings. Additionally, Trent celebrated the launch of its 1,000th Zudio store, reflecting productivity gains.

The Economic Times 7 Oct 2026 6:43 am

SIPs in the red: Should you stop, stay invested or invest more?

Systematic Investment Plans are designed to mitigate market volatility, but prolonged weak equity markets affect their effectiveness. Investors should not stop their SIPs even if returns are negative, as it allows for purchasing more units. Assessing the performance of mutual funds is essential during periods of weak returns. SIPs can also be used for various mutual fund categories beyond equities.

The Economic Times 7 Oct 2026 5:48 am

NBFCs log 15.8% credit growth in August 2026 on the back of loans to retail and agri segments

Credit to industry grew marginally, while credit to services decelerated during this period

The Hindu Businessline 6 Oct 2026 9:57 pm

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

The Hindu Businessline 6 Oct 2026 9:25 pm

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)

The Hindu Businessline 6 Oct 2026 8:40 pm

MDR cannot be passed on to consumers; retail customers to pay only posted price: Punjab & Sind Bank MD

Merchants onboarded cannot pass on MDR charges to customers while accepting payments through UPI. The framework ensures consumers pay only the posted price

The Hindu Businessline 6 Oct 2026 7:34 pm

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.

The Economic Times 6 Oct 2026 4:39 pm

New Aadhaar name correction rules: How to change your name in Aadhaar; what is not allowed; and documents required

UIDAI has updated Standard Operating Procedure for changing names in Aadhaar cards, detailing the necessary documentation and scenarios for different types of name alterations.

The Economic Times 6 Oct 2026 4:29 pm

Son fights for full share in fathers property after stepmother transfers it to daughter, who sells it; SC rejects his claim

Son claims to fully inherit fathers property under Mitakshara Hindu law, however, stepmother gave it to step-sisters who sold it; Supreme court upholds step-mother's right and so step-son lost case. Know why son lost the case.

The Economic Times 6 Oct 2026 4:26 pm

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.

The Economic Times 6 Oct 2026 4:09 pm

Current gold prices provide a better entry point as central bank demand supports the outlook, says Tata Mutual Fund

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.

The Economic Times 6 Oct 2026 3:32 pm

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

The Hindu Businessline 6 Oct 2026 3:23 pm

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

The Hindu Businessline 6 Oct 2026 2:48 pm

Gold rate today (October 6, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

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.

The Economic Times 6 Oct 2026 1:37 pm

I will need Rs 30 lakh for my childs studies in 3 years. Should I move my Rs 1.2 crore portfolio to safe assets?

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?

The Economic Times 6 Oct 2026 12:43 pm

Jeevan Pramaan 2026: Can all senior citizens submit Digital Life Certificate (DLC) from October 1, 2026? Check eligibility

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.

The Economic Times 6 Oct 2026 12:41 pm

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

The Hindu Businessline 6 Oct 2026 10:50 am

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

The Hindu Businessline 6 Oct 2026 10:22 am

FAST-DS 2026: Have undisclosed overseas crypto assets? Know the 1 crore and 5 crore threshold rules before you disclose

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.

The Economic Times 6 Oct 2026 9:11 am

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

Business Standard 6 Oct 2026 8:43 am

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

Business Standard 6 Oct 2026 8:28 am

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.

The Hindu Businessline 5 Oct 2026 9:20 pm

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

The Hindu Businessline 5 Oct 2026 8:41 pm

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

The Hindu Businessline 5 Oct 2026 7:56 pm

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 Hindu Businessline 5 Oct 2026 6:13 pm

EPS pension eligibility: Is EPS membership mandatory for you if your wages are Rs 25,000+? Check status

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.

The Economic Times 5 Oct 2026 5:44 pm

FD interest rate hike coming? With rising inflation, many experts expect RBI to hike interest rate

Many financial analysts expect the Reserve Bank of India to increase the repo rate by 25 basis points. This forecast is driven by persistent inflation, soaring crude oil prices, and a depreciating rupee. Should the RBI implement this hike, it could lead to higher fixed deposit returns for investors. Meanwhile, public sector banks continue to offer lower rates, struggling against fierce competition from government securities and small savings schemes.

The Economic Times 5 Oct 2026 5:09 pm

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.

The Economic Times 5 Oct 2026 5:04 pm

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.

The Economic Times 5 Oct 2026 4:59 pm

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.

The Economic Times 5 Oct 2026 3:50 pm

Rs 67 lakh ancestral jewellery declaration in ITR triggers income tax notice of unexplained credit: Here's why lady won at ITAT Mumbai

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.

The Economic Times 5 Oct 2026 3:26 pm

8th Pay Commission calculator: What can Level 6-8 salaries be at 2.0, 2.15, 2.28 and 2.57 fitment factors?

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.

The Economic Times 5 Oct 2026 3:08 pm

12 equity mutual funds turned Rs 10,000 SIP into Rs 10 crore since inception. Are they in your portfolio?

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.

The Economic Times 5 Oct 2026 2:02 pm

Gold rate today (October 5, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

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.

The Economic Times 5 Oct 2026 1:50 pm

Central Bank of India logs robust 29.83% jump in global advances in Q2FY27

As at September-end 2026, the public sector banks global advances and total deposits stood at 3,81,035crore and 5,08,586crore, respectively

The Hindu Businessline 5 Oct 2026 1:12 pm

Variable dearness allowance hike from October 1: Check revised minimum wages for workers across categories

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.

The Economic Times 5 Oct 2026 12:47 pm

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

Business Standard 5 Oct 2026 11:20 am

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.

The Economic Times 5 Oct 2026 11:14 am

Rs 85.3 lakh cash gifts from relatives deposited in bank trigger unexplained deposit income tax notice; taxpayer contests and wins case in ITAT Chennai

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.

The Economic Times 5 Oct 2026 10:43 am

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

The Hindu Businessline 5 Oct 2026 10:04 am

Top 10 mutual funds to invest in October 2026

An online search would mostly take you to some websites with ready-made lists. Most often, the schemes may be shortlisted on the basis of their short-term performance. Sometimes, the schemes from a single category may dominate the list because that category happens to be the flavour of the season.

The Economic Times 5 Oct 2026 9:46 am

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.

The Economic Times 5 Oct 2026 9:45 am

ITC Share Price Live Updates: ITC Stock Details

The Economic Times 5 Oct 2026 8:01 am

TCS Share Price Live Updates: TCS Stock Details

The Economic Times 5 Oct 2026 8:00 am