28 C 
10-yr benchmark G-Sec briefly tests 7% yield level
The benchmark had last crossed 7% per cent in May 2026, subsequently touching around 7.13% per cent
SBI UPI services to remain unavailable on Sep 4
Gold loan growth driven more by higher gold prices, repeat borrowing than new customers: Report
Report flags rising share of repeat customers as key risk for gold loan sector
Services EPFO portal still provides to its subscribers
5 hidden costs and risks to check before you choose interest-free EMI
Processing fees, penalties, credit impact and refund rules can add to the cost of an offer
IFFCO-TOKIO General Insurance names Tatsuya Fujimoto as new MD and CEO
Tatsuya Fujimoto brings extensive experience across Japan and overseas markets, including the US, Malaysia and India, to the insurance company
Unlimited airport lounge access for 1 year: Paisabazaar launches limited-period PB Pass offer
All consumers who take a new credit card through the Paisabazaar platform during the offer period (until the end of September) would be eligible for a PB Pass. The complimentary pass gets unlocked when these customers make their first payment of the credit card through the Paisabazaar app.
Wife didnt care for his parents and left his Bangalore home without informing, husband said; Karnataka HC rejects his plea to stop paying maintenance on this ground. Read to know what happened in this case.
Quant Mutual Fund turns cautious on manufacturing, bets on neglected IT Services
Quant Mutual Fund is pivoting away from manufacturing due to rising cost pressures and supply chain issues. Instead, it's channeling investments into IT services, viewing this sector as overlooked and ripe for growth. The fund focuses on identifying undervalued and under-owned stocks across diverse sectors for maximum returns. Quant foresees consolidation trends within large-cap markets, which could lead to selective opportunities.
Irdai's insurance registry: What data will it link and who can access it?
From policy and claims records to intermediary and grievance data, Irdai's proposal sets out what the registry could connect and how access would be controlled
India urged to review green finance rules, build workforce for nuclear expansion
India aims for 100 gigawatts of nuclear power by 2047. Financing rules and green bond frameworks need review for nuclear investments. A significant talent shortage exists within the clean energy sector. Specialized education and training programs are currently lacking across India. Government and industry are forming committees to address these crucial expansion needs.
Stronger borrower selection, higher recoveries andstable non-microfinanceportfolios expected tosupport asset quality.
Gold rate today- 24k vs 22k vs 20k vs 18k prices
In a significant update, the CGHS and CS(MA) Rules now offer lifelong medical support to dependent sons and brothers, ensuring marriage does not affect their eligibility for CGHS benefits. Dependency criteria and medical board evaluations are essential for qualification, particularly for chronic and severe medical conditions that affect one's earning capacity. The CGHS Board will routinely reassess the medical requirements to keep provisions current.
PPF: Invest 1.2 lakh at once or 10,000 every month? See the difference
FCNR (B) deposit interest rate cuts have particularly been made in deposits of three to five years, which had higher interest rates after the Reserve Bank of India (RBI) announced a relief on hedging costs.
FCNR(B) inflows cross $100 billion, beat RBI's $80-billion estimate: Report
The FCNR(B) window closed on Monday, but banks can use the RBI's swap facility for deposits already contracted until September 11
Buying a flat in a large housing society? Dont miss these 6 costly red flags
Capri Global Capital raises $300 million in first-ever US dollar bond issue
The fundraising strengthens the NBFCs access to international capital markets while diversifying its funding sources across domestic and global pools
HDFC Bank shares fall 1.38%: Bond redemption, ESG rating in focus
During the session, it moderated between 700 and 705.65, compared with the previous close of 711.90.
CEOs refusal to overhaul bank fuelled surprise HDFC shake-up
CEO Sashidar Jagdishan resisted some of the changes proposed by the Chair Rajiv Kumar, say people familiar with the matter
Indias diaspora deposit flows surpass $100 billion: Reports
The dollar inflow has pushed up the RBIs reserves to a record high of $729.3 billion
US national debt tops $40 trillion: Six ways Washington has raised funds in the past
From creating new buyers to changing bond auctions, Washington has repeatedly adapted its financing tools when conventional funding methods faced pressure
US Treasury yields: Why structural supply and demand pressures could keep rates high
The US bond market is facing mounting pressure as investors demand higher returns amid concerns over fiscal risks and inflation
Rs 41L cash deposit but no ITR: No relief in ITAT
Canara Bank revises ATM charges from September 1
As retirement approaches, a non-resident Indian (NRI) investor with a target of Rs 3 crore seeks guidance from a financial expert. The advisor recommends a structured approach involving asset allocation and portfolio consolidation. The investor's assets are categorized into three groups according to their risk profiles and investment timelines. Certain mutual funds are advised for both retention and new contributions.
Buying a car? 30 September, 31 December or 31 Marchwhich date gets you the best deal?
Rupee falls 2 paise to 94.97 against US dollar during early trade
The rupee traded in a narrow range and fell 2 paise to 94.97 against the US dollar in early trade on Wednesday, amid renewed US-Iran tensions, higher oil prices and rising Treasury yields. Forex traders said the RBI is keeping a tab on the rupee's fall as Brent crude prices have risen to USD 95 per barrel and dollar index is hovering around 99.70 on a bout of risk aversion on renewed US-Iran tensions. Moreover, market participants have raised the probability of a September Fed rate hike, pushing US Treasury yields higher and triggering a broad dollar rally. At the interbank foreign exchange market, the rupee opened at 94.97 against the US dollar, registering a fall of 2 paise from its previous close. On Tuesday, the rupee settled at 94.95 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.75, higher by 0.08 per cent. The dollar continues to benefit from its safe-haven status, while the su
ICICI Bank mobilises $17.9 bn under RBI foreign currency deposit scheme
The lender has also issued $3.63 billion in guarantees to other banks for loans backed by the deposits In June, the Reserve Bank of India introduced a set of foreign exchange measures
ICICI Bank mobilises $17.88 billion under RBIs FCNR deposit scheme
The lenders overseas branches and subsidiaries have extended loans against the deposits, while guarantees have also been issued to other banks
Finance Minister Nirmala Sitharaman meets IMF chief Georgieva
The global economic outlook and Indias growth trajectory figure in talks between the two
Top 10 mutual funds to invest in September 2026
Any search starting with the word 'best' or top is unlikely to offer you the best solution. You should always choose a scheme that matches your investment objective, horizon, and risk profile. If you do not understand the basic mutual fund concepts or are totally new to mutual funds and investing, you should always seek the help of a mutual fund advisor.
Holding mutual funds in SoA or demat: Which is better?
Mutual fund units can be held in Statement of Account or demat form. SoA mode offers simplicity for mutual fund-only investors avoiding extra charges. Demat mode suits those holding various securities and preferring consolidated management. Investors can switch between SoA and demat forms as needed. SWP and STP availability narrows the convenience gap between these modes.
HUL Share Price Live Updates: HUL Stock Details
Tata Motors PV Share Price Live Updates: Tata Motors PV's Current Trading Status
Maruti Suzuki Share Price Live Updates: Maruti Suzuki Stock Details
Bharti Airtel Share Price Live Updates: Bharti Airtel's Current Valuation
Jio Financial Services Share Price Live Updates: Jio Financial Services Daily Performance
Tata Steel Share Price Live Updates: Tata Steel Stock Details
ONGC Share Price Live Updates: ONGC's Performance Overview
Infosys Share Price Live Updates: Infosys Daily Change Overview
Divis Labs Share Price Live Updates: Divis Labs Stock Details
Power Grid Share Price Live Updates: Power Grid's Financial Snapshot
Titan Company Share Price Live Updates: Titan Company stock price declines today
IRDAI proposes Public Insurance Registry to create digital public infrastructure for insurance
The registry is proposed to address information and interoperability gaps by providing a consistent and authoritative view of insurance records, while allowing relevant information to remain with the respective source institutions
We are open to using homegrown AI models: Mahesh Ramamoorthy, Chief Information Officer at YES Bank
Ramamoorthy outlined how localised AI solutions could enhance operational efficiency and mitigate tech debt
Rupee at 2-month high on FCNR (B) deposit inflows, RBI intervention
The rupee is on a winning streak, locking in its third straight day of gains and outperforming its Asian peers, thanks to a stellar domestic growth numbers
Ujjivan SFB MD & CEO exit, Kotak succession race gains momentum amid banking sector leadership churn
Strong internal candidates are mostly going to be considered for these roles
Shriram Finance eyes lending to Japanese supplier ecosystem after MUFG investment
Executive V-C Umesh Revankar expects gold loans, new vehicle financing to drive the NBFCs next growth phase
UFBU calls for nationwide bank strike from Sept 11 over 5-day week, revised PLI scheme
The September 11 strike will be followed by a three-day strike from September 28 to September 30. If the grievances are not addressed, the Unions stated that they would proceed on an indefinite strike from October 26
InsuranceDekho, RenewBuy group announce merger
Together, the two platforms have already facilitated the issuance of over two crore insurance policies since inception as of March 31, 2026
LIC launches two new plans: LICs Bima Platinum and LICs Jeevan Raksha; Check details
New LIC plans: Today, Life Insurance Corporation of India has unveiled two innovative insurance plans designed to meet diverse needs. LIC's Bima Platinum focuses on providing savings alongside financial protection, featuring guaranteed additions. On the other hand, Jeevan Raksha offers essential risk coverage for families facing unexpected death.
IRDAI proposes public insurance registry to boost transparency, reshape insurance service
The PIR is expected to reduce information gaps and foster greater competition, allowing insurers and other market participants to compete through innovative products, competitive pricing, better services and improved customer experience
Five small-cap mutual funds recorded Sharpe ratios above 0.75, indicating strong risk-adjusted performance. Bandhan Small Cap Fund led with a ratio of 1, followed by ITI, Invesco India, Mahindra Manulife and Bank of India Small Cap Fund.
September Bank Holidays 2026: Check full list of dates & closures
Bank branches will observe multiple closures in September, with the holiday schedule varying from state to state based on regional festivals and local observances
NPS subscribers will experience significant changes in pension fund categorization and presentation. A new framework standardizes scheme selection, offering five broad categories for subscribers. Lifecycle schemes will be sub-categorized, while MSF schemes will have five distinct equity exposure levels. The pension body also mandates a new procedure for comparing charges, returns, and risk. This initiative aims to enhance subscriber decision-making regarding their pension investments.
Mr Purshotam Ranchhodbhai Pankhania and his late wife living in London trusted their friend and gave him the POA to manage their India property; friend broke trust, grabs it and gifts the property to his son and daughter-in-law; Gujarat HC declares the gift deed void and gives owner relief. Know how Mr Purshotam Ranchhodbhai Pankhania won the case.
Reserve Bank of India appoints Suman Ray as Executive Director
In his new role, Suman Ray will look after Department of Deposit Insurance & Credit Guarantee Corporation and Premises Department
Salaried employees who want to opt for EPF scheme but could not due to issue with employer can now do so by October 31, 2026 if these conditions are satisfied. Read the article to know more.
Bank of India Credit Risk among top 5 mutual funds that beat fixed deposits in 1 year
Five debt mutual funds delivered higher one-year returns than conventional fixed deposits, led by Bank of India Credit Risk Fund with a 17.68% return. Aditya Birla Sun Life Credit Risk Fund, DSP Credit Risk Fund, Aditya Birla Sun Life Medium Term Plan and Bandhan Gilt Fund also featured among the top performers.
Bankers in the running for CEO job at HDFC Bank
While an internal candidate could ensure continuity, appointment of an external candidate would throw up cultural and integration challenges, an analyst said
8th Pay Commission news: The Department of Personnel and Training is advocating for revisions to the Terms of Reference for the 8th Pay Commission. Employee associations are urging the inclusion of pension revisions for those who retired before January 1, 2026. Historically, previous pay commissionsnamely the 7th, 6th, 5th, and 4thhave had their Terms of Reference modified by the government to address various concerns, including extended coverage and scope.
SBI Gold among 5 equity mutual funds that deliver over 25% CAGR in 3 years; top 4 cross 35%
HSBC Mutual Fund's RedHex Hybrid Long-Short Fund has impressively reached a whopping Rs 1,000 crore in assets under management within just two months. This unique investment strategy has drawn in nearly 1,950 individual investor folios, providing an innovative blend of fixed income, equity arbitrage, REITs, and INVITs aimed at optimizing risk-adjusted returns. The fund's rapid growth illustrates an increasing interest in diverse mutual fund options.
Today's gold rate: On September 1, 2026, gold prices dipped slightly in major Indian cities, with notable jewelry chains like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas maintaining stable rates for 22k gold. Furthermore, the India Bullion and Jewellers Association released updated pricing for numerous gold purities. Alongside, silver also observed a decrease compared to the previous day's close, reflecting current market trends.
Every equity mutual fund delivers positive XIRR on SIPs in 5 years. Did you exit too soon?
All 219 equity mutual funds delivered positive SIP XIRRs over the last five years, with 165 funds generating double-digit returns. HSBC Midcap Fund topped the list with a 22.70% XIRR, while ITI Small Cap Fund and Bandhan Small Cap Fund followed closely. The analysis highlights how disciplined SIP investing can compound wealth over time.
India preparing rollout of agentic payments on UPI
Protocol may debut next week at Mumbais Global Fintech Fest, sources say
NRIs have the opportunity to gift money to their Hindu Undivided Family (HUF) without incurring immediate tax obligations. However, it's important to note that any income generated from these gifted amounts will be taxable for the NRI donor. The HUF must diligently keep records of all transactions as this documentation is essential in proving the legitimacy and source of the gift, ensuring NRIs avoid potential tax disputes in the future.
Will I inherit my familys land in India if I become an NRI?
ET Wealth Reader's Query: I would like to understand what happens to my rights over inherited agricultural land in India if I acquire foreign citizenship. Will I still be able to inherit my familys agricultural land, and are there any restrictions on holding, transferring, or disposing of such property after becoming a foreign citizen?
Frustrated with repeated water leakage issue in top floor flat homeowner requested building to appoint Dr Fixit and Asian paints to fix it; Karnataka RERA directs builder to permanently fix defects at its own cost. Read the article to know how the homebuyer partly won the case.
Central government employees may receive arrears from January 1, 2026, after the 7th Pay Commission's term ended on December 31, 2025. But the eventual arrears could depend on when the 8th Pay Commission is implemented.
A motor insurance claim was rejected by HDFC General Insurance over driver's license concerns. The West Bengal Consumer Commission found insufficient evidence of deliberate policy violation. The insurer was directed to pay Rs 3.5 lakh with interest and Rs 1 lakh compensation. The commission emphasized that a fake license does not automatically absolve insurers of liability. Policyholders must exercise reasonable care when hiring drivers for their vehicles.
The estimated dearness allowance for central government employees has soared to 64%, driven by the July 2026 AICPI-IW reading of 153.2. This index, compiled monthly by the Labour Bureau from retail price data across India, leads to a biannual revision of DA in January and June. Final details regarding the salary increase will be revealed following the government's official announcement.
Largecap mutual funds trail mid and smallcaps in 2026. Should investors change strategy?
Despite large-cap mutual funds showing a decline this year, mid and small-cap funds have proven to be winners. Experts advise investors to rebalance their portfolios by taking profits from the outperformers. Now is the time to reconsider allocations, as large caps provide better valuation and protective measures. Flexi-cap funds are suggested as a strategic option for a broader range of investors.
Best mutual fund SIP portfolios to invest in September 2026
ETMutualFundslaunched its recommended mutual fund portfolios to invest through SIPs in October 2016. Since then, we have been closely monitoring the schemes in these portfolios and coming up with updates on them regularly.
Metal stocks Q1 performance check: 4 beat estimates, 2 missed; Motilal Oswal breaks down the reason
Wife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh less price than market value. Read the article to know why the wife won the case in ITAT Kolkata.
25% of my familys money is invested in India: Sanlam Investments CEO Carl Roothman
After wealth management and AMC, Sanlam is in talks to invest in Way2Wealth Brokers to expand its broking footprint in India
Mutual funds overseas assets jump 24% reducing net foreign liabilities: RBI
The UAE, US, UK and Singapore account for nearly half of all non-resident holdings in Indian mutual fund
Bank credit growth accelerates, deposits stay strong in June 2026
Credit growth was broad-based across sectors and borrower categories
HDFC Securities, Le Rythme train 100 youth in AI and cybersecurity
The four-month programme seeks to bridge the digital skills gap and help economically disadvantaged youth achieve financial independence and dignity
Fresh lending and deposit rates ease in July; MCLR inches up
The data also show that banks have begun to trim rates offered on fresh deposits
Kotak Mahindra Bank recommends two internal candidates for CEO, sources say
The bank has submitted the names of executive directors Anup Saha and Paritosh Kashyap to the Reserve Bank of India for approval
Banking system surplus liquidity surges to 5.05 lakh crore in August
Banks received additional rupee liquidity from foreign currency inflows and government expenditure, while the RBI continued absorbing excess funds
UPI reaches Uzbekistan; becomes 11th country to accept payment through platform
UPI is currently accepted in 10 countries -- Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia and Greece
ITR filing August 31, 2026, deadline today: Due date for AY 2026-27; Check who must file return
ITR filing deadline: Taxpayers with business or profession income must file their returns today. This deadline applies to those using ITR-3 and ITR-4 forms. More than seven crore income tax returns have already been filed. Individuals and HUFs with presumptive business income use ITR-4. Partners of non-audit firms also have this August 31 filing requirement.
Dubai based homebuyers books two flats in Mumbai from Dubai office in Sheikh Zayed Road of Sion, Mumbai based builder; but builder delays possession; homebuyers cancels booking; MahaREAT orders Rs 1.33 crore interest compensation plus full refund. Read the article to know how the homebuyer won the case.
Bank holidays in September 2026: In September 2026, customers in different Indian states should anticipate bank closures for a variety of festivals. It's wise to consult the RBI holiday calendar for effective planning. Timely completion of essential banking tasks is critical, so proactive checks are recommended. Also, scheduled and non-scheduled banks will observe holidays on the second and fourth Saturdays, helping to prevent any last-minute banking challenges for customers.
8th Pay Commission news: Central government employees receive arrears on basic pay after pay commission implementation delays. Dearness allowance and house rent allowance are not typically paid as arrears. Transport allowance also does not accrue arrears due to its fixed nature. Estimates show significant arrears for Level 4-7 employees at various fitment factors. Actual arrears will be confirmed after the government officially notifies the new rates.
