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1 Finance has received in-principle SEBI approval for an MF Lite licence and plans to launch passive mutual funds in Q4 FY27. SEBIs framework eases regulatory requirements for eligible passive fund houses, potentially encouraging competition and expanding investor choice in index funds and ETFs.
Anand Mahindra praised Indias startup ecosystem, highlighting companies including Ethereal Machines, Pranos Fusion Energy and Scimplify. He said young entrepreneurs are developing advanced manufacturing, fusion and chemical technologies that could help India leapfrog stages of development.
A rise in home loan rates forces borrowers to choose between higher EMIs and longer repayment tenures. A 50 lakh loan example shows how a 25-basis-point increase affects monthly payments and total interest, and what borrowers should consider before deciding.
Investors can choose from physical gold and silver, digital gold, ETFs, mutual funds, Sovereign Gold Bonds and Electronic Gold Receipts. Each option differs in costs, liquidity, regulation, taxation and storage needs, making it important to compare the risks before investing.
Manufacturers in Surat are moving beyond sarees and synthetic fabrics to produce specialised textiles for defence applications. Full details here.
A Bitcoin investor who reported a 3.34 lakh loss faced an 88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.
Srinivasan and Singh lodged their complaints on September 25, seeking an inquiry into the trust's administration and governance, including its role in the commercial affairs of Tata Sons.
Built at an estimated cost of 1,908.43 crore, the highway forms a key link in the proposed Raipur-Dhanbad Economic Corridor under the Bharatmala Pariyojana.
More than 20 people in Visakhapatnam reportedly lost 1 crore in a month to a Google Review job scam. Fraudsters used small initial payouts to build trust before demanding larger deposits, leaving victims unable to withdraw their money.
Fitment factor demands range from 3.2 to 4 or higher as central government employees await a revised salary structure.
PFRDA has launched NPS Central, a digital platform where subscribers can enrol, manage accounts, review investments and make contributions. Details here.
With home loan EMIs spread over a 20-25-year tenure, even small payments in the initial years can significantly reduce overall interest outgoings over time.
An NRI living in the UAE mistakenly claimed treaty relief on gains from Indian shares and mutual funds. While the revised-return deadline has passed, an updated return may offer a way to correct the error.
First-time workers must complete six and 12 months of continuous service to receive two instalments under the government scheme.
Erling Haaland has bought a home at Manchester City Yas Residences, a branded development on Abu Dhabis Yas Island. The project includes more than 2,000 homes, sports facilities and parks, with phased delivery starting in 2029.
Art is a prominent feature of the residence, particularly the paintings of renowned Indian artist MF Husain. The corridor leading into the home features several of his works.
Insurance regulation must go beyond capping commissions to enforce product suitability, hold distributors accountable for mis-selling and prioritize policyholder outcomes over sales incentives.
Only 2 of 29 aggressive hybrid funds with reported one-year returns delivered over 8%, while 22 posted losses. Even large schemes such as SBI and ICICI Prudential Aggressive Hybrid Fund ended in the red, highlighting the risks of equity-heavy hybrid investments.
The UFIOE has called on the government to abandon the proposed disinvestment and acquire at least a 6% stake in IDBI Bank, either by purchasing shares from LIC or through the open market.
Credit card refund vs chargeback explained: Understand the key differences, when to request a merchant refund, how to dispute a credit card transaction, what evidence to keep and how to report unauthorised payments.
The EPFO wage ceiling has risen from 15,000 to 25,000 a month, potentially extending provident fund, pension and insurance benefits to more employees. Check who qualifies under the revised rules, how enrolment works and what the change means for your salary deductions and retirement savings.
Mobile games can encourage frequent spending through paid shortcuts, limited-time items and subscriptions. Individually modest payments may add up to thousands of rupees each month.
Premium food, grooming and medical care are making pets a major household expense in urban India. Monthly costs range from 4,000 for some small breeds to 20,000 for giant breeds.
Defaulting on a loan against your FD can cost you the deposit itself. Know how lenders recover dues and when you may still owe a shortfall.
Stretching your budget, ignoring insurance renewals, skipping servicing: 5 money mistakes new car owners should avoid to keep ownership costs in check.
Western Railway is developing a 307 crore Vande Bharat maintenance hub at Sabarmati in Ahmedabad. The facility will handle major repairs, wheel servicing and equipment overhauls, reducing the need to send trains elsewhere for scheduled maintenance
Companies hope stronger seasonal demand will help, though recovery may not erase earlier weakness.
Irdais proposed commission caps and expense rules could reshape insurance distribution. Brokers warn of job losses and weaker service, but will lower costs translate into better outcomes for policyholders?
Chief executive officer Vinay Tonse said the exercise would be a balance-sheet adjustment.
A loan No Objection Certificate (NOC) is generally issued after full repayment, not after every EMI. Understand when banks issue a loan closure certificate, why it matters for secured loans and what to do if your NOC is delayed.
Gifting financial assets such as stocks and mutual funds during the festival season provides long-term value, with distinct transfer steps and tax implications depending on demat status and recipient relationships.
The CA said the domestic property market is bracing for a massive surge in demand that could peak soon and predicted that real estate prices are about to blow up in India in 2027
A dispute over Tata Sons Articles of Association has cast doubt on N Chandrasekarans five-year reappointment as executive chairman. Noel Tata says Article 118 applies and no selection committee was formed.
H-1B registrations by Infosys, TCS and Cognizant fell sharply for FY2027 amid higher visa costs and a wage-weighted selection system. The figures reflect fresh entries in the annual cap selection process, rather than total H-1B employment.
The state-owned bank has no plan to raise capital in the current financial year.
Gold and silver prices today, 19 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Bengaluru Metro Rail Corporation Limited (BMRCL) Managing Director PC Jaffer confirmed to the outlet that the corporation aims to run trains on Pink Lines underground section up to Shivajinagar by the end of October or in November.
A Chennai firm allegedly lost 1.90 crore after a WhatsApp message posing as its managing director, leading to a Delhi arrest. Heres how the boss scam works, the warning signs of CEO impersonation fraud, and five steps to verify payment requests and report cyber fraud on helpline 1930.
Delhi government has approved the Go-Delhi Foundation with a 50 crore corpus to support startups and innovators. It will offer testing facilities, guidance, and investor connections, while helping government departments trial new solutions.
The strategic review comes at a time when Accenture is re-evaluating its resource allocation. Investors are currently debating the long-term impact of AI on the consulting sector.
As the 8th Pay Commission meets in Mumbai on 22-23 October, heres how dearness allowance (DA) differs from dearness relief (DR), what unions are demanding, and what central government employees and pensioners can realistically expect before the final report due by May-June 2027.
Consumer brands are borrowing 15-20% more this festive season.
The margin compression reflects the impact of foreign-currency non-resident (bank) or FCNR(B) deposits, which banks have mobilized faster than they can deploy into loans at normal lending spreads
With soaring rents, high staffing costs, and fast doorstep delivery, traditional grab-and-go outlets are finding themselves stranded between the neighbourhood grocery stores and quick commerce apps.
Torrent Pharmaceuticals accepted Executive Director Amal Kelshikars resignation, effective at the close of business on 16 October 2026. Kelshikar said in his resignation letter that he was stepping down after reflection and believed it was the right time to transition.
Credit card refunds usually return to the card account, reducing the balance or restoring available credit, and may take 514 days to appear. Here's what to do if your billing date is near but the refund has not been credited yet.
The three-bucket strategy can help people achieving financial independence and early retirement (FIRE) manage expenses and market volatility. It divides investments into liquid savings for immediate needs, a balanced portfolio for medium-term expenses and equity for long-term growth.
Indian cricketer Suryakumar Yadav has announced an investment in Shahrukhz Residences by Danube, a waterfront residential project in Dubai Maritime City.
Meta will update its website terms on 30 October, removing explicit language authorising the use of crawled content to train its products. The terms still allow automated crawling and collection, with stated purposes narrowed to advertising and business products and product security.
The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a 3,000 monthly old-age pension, directing authorities to release admissible claims within two months.

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