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Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know

SEBI will make direct mutual fund plans the default option on asset management companies digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.

28 Oct 2026 11:31 pm
Lavish buying! Salim Merchant's 12.85 crore Mumbai property deal: Inside the singer's latest real estate purchase

Composer and singer Salim Merchant has purchased commercial premises in Mumbai's Santacruz with four other buyers for 12.85 crore, according to CRE Matrix. The deal, registered on October 7, includes 1,285 sq ft of carpet area and a parking space, with Merchant holding a reported 50% stake.

28 Oct 2026 11:31 pm
PM-Kisan 24th instalment on October 30: PM Modi to release 18,680 crore for farmers check details

Prime Minister Narendra Modi is scheduled to release the 24th PM-Kisan instalment in Gujarat on October 30, distributing more than 18,680 crore to over 9.34 crore farmer families. Check who's eligible and other details.

28 Oct 2026 9:43 pm
Deposited wedding gift money in your bank account? ITAT ruling explains when cash deposits can face income tax

The Pune ITAT accepted 2.75 lakh of a bank employees 3 lakh cash deposits as wedding gifts and savings but sustained a 25,000 addition due to missing gift confirmations. The ruling highlights why taxpayers should maintain records of cash gifts and their sources.

28 Oct 2026 9:08 pm
EMI late payment charges: Can missing your loan EMI by just one day hurt your credit score? Know what the rules say

Missing a loan EMI by one day can attract late-payment charges, but an immediate credit score drop is not inevitable. Know what RBI rules say about overdue EMIs, credit bureau reporting, penalties and how to protect your credit profile.

28 Oct 2026 8:07 pm
Selling property in India by an NRI to another NRI vs. an Indian resident: Tax implications and TDS

The capital gains tax implications for residential property would remain the same whether you sell it to a resident Indian or to an NRI.

28 Oct 2026 5:44 pm
42% of India's rich families lack formal succession plans, finds report; here's how they plan to preserve wealth

Only just over one-third of surveyed Indian family enterprises have a clear, documented succession plan, according to a report. Details of their wealth preservation plans here. 

28 Oct 2026 5:33 pm
Train passengers alert: Northern Railway revises arrival and departure schedules of multiple trains Details here

The changes, driven by operational requirements, will take effect on various dates starting late October 2026 through early January 2027, according to a notice issued by the railway zone.

28 Oct 2026 4:58 pm
India gold price today, October 28, 2026: Check 24K, 22K and 18K gold rates per 10 grams before buying jewellery

Gold prices in India rose on October 28, 2026, with 24K gold at 1,42,300 per 10 grams and 22K gold at 1,30,347, according to IBJA. Check the latest gold rates and what buyers should know before purchasing jewellery.

28 Oct 2026 4:37 pm
DA hike July 2026 salary increment calculator: What will be increase in monthly amount with 3% dearness allowance hike?

The central government has raised dearness allowance and dearness relief by 3 percentage points for employees and pensioners. Here's how the hike will reflect. 

28 Oct 2026 4:37 pm
Choosing equity mutual funds: Why long-term returns matter, but 1-year performance also deserves a look; experts explain

Equity mutual funds can deliver strong 3- and 5-year returns yet struggle over one year. Does this signal a temporary market setback or deeper portfolio issues? Experts explain the warning signs investors should watch for before investing or exiting their current holdings. 

28 Oct 2026 4:14 pm
DA hike news 2026 July: Diwali gift is here for Central Government employees - 3% Dearness Allowance approved; DR too

The Union Cabinet has approved a 3-percentage-point hike in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners.

28 Oct 2026 3:40 pm
PhonePe launches Tatkal NPS: Key features, 250 micro contribution and more How users can book directly on app

PhonePe launches Tatkal NPS partnering with leading banks for 250 contribution, enabling micro-investments towards retirement planning Check key features, how users can book directly on app. 

28 Oct 2026 3:24 pm
Attractive interest rates, fee waivers: What to watch for in festive loan offers

The real benefit depends on the borrower's credit profile, the lender's eligibility criteria and the hidden charges.

28 Oct 2026 3:12 pm
RBI proposes 50 lakh LRS sub-limit explained: What does remittance scheme mean for your overseas investments, travel

The RBI has reportedly proposed a 50 lakh sub-limit for certain overseas remittances under the Liberalised Remittance Scheme (LRS). Heres what the LRS means for your travel plans, overseas spending and investments, and which expenses may be exempt.

28 Oct 2026 3:02 pm
Dearness Allowance hike: Revised rates announced for these CPSE employees; check IDA for 1987, 1997 and 2017 pay scales

The CPSE has revised IDA rates effective October 1, 2026, with rates varying across different pay scales. The latest order specifies revised percentages for three pay structures and a separate payable amount under the 1987 pay scale. Check the new rates and what the memorandum states.

28 Oct 2026 2:36 pm
CBIC circulars: What changes with guidelines on GST registration, raising tax demands, export payments and more

The CBIC issues circulars to standardise GST registration, tax demand proceedings and export payment rules, following decisions by the GST Council. Here's what the measures include and what changes for taxpayers 

28 Oct 2026 2:12 pm
Silver prices crash over 26% in 6 months but gain 14% in a year: How silver ETFs fare on 1-, 3- and 5-year returns?

Silver prices have corrected sharply, dragging silver ETFs into the red over six months. However, Tata Silver ETF led one-year returns at 32.41%, while ABSL Silver ETF topped the three-year list at 37.97%. 

28 Oct 2026 1:41 pm
Indias tax department needs an AI rulebook

AI is helping Indias tax department flag evasion, but its use in assessments and appeals raises concerns over privacy, accountability and human judgement. The CBDT needs a clear, transparent policy.

28 Oct 2026 1:24 pm
Pension scheme: Delhi govt begins door-to-door biometric verification of 4.4 lakh senior citizen beneficiaries

Pension scheme: Delhi government has begun door-to-door biometric verification of 4.4 lakh senior citizens. The drive aims to identify ineligible old age pension scheme beneficiaries over three months.

28 Oct 2026 1:19 pm
Mint explainer | From FASTag to satellite tolling: how will highway users pay in the future?

India is moving towards barrier-free tolling using FASTag, number-plate recognition and, eventually, satellite technology. Heres how the transition could affect payments, local commuters and highway users.

28 Oct 2026 12:19 pm
Flexi-cap vs multi-cap mutual fund returns race 2026: Which category leads across 1, 3 and 5 years? Check top schemes

With equity markets under pressure in 2026, some flexi-cap and multi-cap mutual funds have managed to stay in positive territory across multiple time horizons. A closer look at their returns across 1, 3, and 5 years reveals how the two categories compare and which schemes stand out.

28 Oct 2026 12:06 pm
Paying extra to buy EV over petrol car? OpEx advantage may shock you; check break-even point, ROI, cash-flow benefits

An electric SUV can offset its higher purchase price through lower running and maintenance costs. At 40 km of daily driving, estimated annual savings are nearly 90,000.

28 Oct 2026 12:02 pm
India's festive wallet: Family, discounts and emotions drive festive overspending for Gen Z across states, finds report

Festivals push up spending for 60% of Gen Z shoppers in India, a YouGov and Rukam Capital report finds. Family expectations are biggest trigger for overspending and online search (41%) has overtaken personal judgement (39%) as the top source of gift ideas, with 25% already using AI to suggest gifts.

28 Oct 2026 11:48 am
Income Tax Act 1961 vs 2025: List of new TDS forms and certificates every taxpayer, salaried employee needs to know

The Income-tax Act, 2025, has introduced new form numbers for several tax-related filings from 1 April 2026. From salaried employees to individual taxpayers, here are the key changes to know and what they mean for your tax compliance.

28 Oct 2026 10:34 am
Bad press aside, do Bollywoods plagiarism rows have an on-ground impact?

Lawyers say copyright protects the expression of an idea, not the idea itself. It must be shown that the other side had access to a work and then copied its substance, not merely that two films share a premise

28 Oct 2026 10:33 am
Going global: Step-by-step guide to buying international stocks

Indian investors can access US stocks through regulated platforms, but forex charges, brokerage, tax rules and disclosure requirements can add to the cost. Heres what to know before investing.

28 Oct 2026 10:10 am
Bank Holiday tomorrow: Open or closed on Karwa Chauth 29 Oct 2026 Thursday?

The RBI has listed bank holiday for public and private lenders in a single region on Thursday, 29 October 2026 on account of Karwa Chauth celebrations this year. Check where branches will stay closed.

28 Oct 2026 10:03 am
5 start-up lessons from Zero to One by Peter Thiel and Blake Masters: Follow the Money, Mechanics of Mafia and more

Zero to One urges founders to build something new rather than copy existing businesses. Thiels lessons emphasise pursuing a single high-impact opportunity, uncovering overlooked needs and carefully choosing co-founders and teams.

28 Oct 2026 9:20 am
Gold, silver prices today, 28 October: Check retail rate of 24K, 22K gold, 999 silver in Delhi, Mumbai, Kolkata, Chennai

Gold, silver prices today, 28 October: Check the retail price of 18K, 22K and 24K gold and 999 Fine silver on Tuesday in your cities Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai. 

28 Oct 2026 9:12 am
Top 10 equity mutual funds by foreign securities, REITs and InvITs holdings: WhiteOak Dividend Yield Fund tops list

Some equity mutual funds go beyond domestic stocks to invest in foreign securities, REITs and InvITs. WhiteOak Capital Dividend Yield Fund tops the list with 79.4% combined exposure to REITs and InvITs. Here are 10 funds with notable exposure to these assets.

28 Oct 2026 9:09 am
8th pay commission reaches close to one year since constitution ToR, members, feedback, states visits Top 10 updates

The 8th CPC is consulting employees, pensioners and other stakeholders before submitting recommendations on pay, allowances, benefits and pensions. As it reaches close to one year since constitution, we take a look at the top 10 updates. 

28 Oct 2026 8:06 am
Want to update your Aadhaar photo or address? Check list of UIDAI charges for biometric and demographic changes

Aadhaar update fees depend on the type of change, age and method used. Biometric updates are free for specified age groups, while demographic and document updates incur a fee. Check the deadlines for free biometric, email and online document updates before applying.

28 Oct 2026 7:49 am
From sarees to perfumes, creators launch consumer brands as scaling challenges persist

Content creators have followed celebrities into consumer businesses to cut dependence on brand partnerships, but a large audience is no guarantee of success. For newer entrants, high upfront costs and the ability to generate repeat purchases remain key tests of business sustainability. 

28 Oct 2026 5:30 am
Mother sells gold jewellery, gifts 16 lakh to son, Income Tax Department questions deposits but ITAT grants relief

A man received 16 lakh from his mother after she sold gold jewellery, but the Income Tax Department questioned the cash deposits. The Jaipur ITAT deleted the 13.04 lakh addition after examining the gift deed, jewellery valuation and supporting evidence.

27 Oct 2026 11:32 pm
NPPA slashes cancer drug MRPs by up to 93%; Thiotepa cut by 72,921

The drug pricing regulator has slashed retail prices of 543 formulations across 137 non-scheduled cancer medicines, with some cuts exceeding 90% under a trade margin rationalisation framework. 

27 Oct 2026 11:06 pm
Delhi to Haridwar in 90 minutes? Union Minister Nitin Gadkari explains how the new road project could cut travel time

Nitin Gadkari said a road project opening next month could cut travel between Delhi and Haridwar to 90 minutes. He also highlighted faster journeys to religious destinations and warned that poor highway construction will bring penalties and blacklisting.

27 Oct 2026 11:02 pm
Noida Metro to run trains every 6 minutes 35 seconds during peak hours from November 1 | Details inside

The Noida Metro Rail Corporation will reduce peak-hour train intervals from 7 minutes 30 seconds to 6 minutes 35 seconds from November 1, 2026. The corporation is also considering extending late-night services, subject to operational feasibility.

27 Oct 2026 10:49 pm
Sovereign Gold Bond: 1 lakh grows to 3.09 lakh as RBI fixes SGB redemption price at 14,159; check returns

Sovereign Gold Bond investors have earned nearly 209% returns as RBI fixes the SGB 2020-21 Series I redemption price at 14,159 per gram. A 1 lakh investment is now worth around 3.09 lakh. Check returns, interest earnings and tax rules

27 Oct 2026 10:46 pm
EPFO pension: Karnataka HC rejects retirees' plea for higher payout. What does the EPS-95 ruling mean for you?

The Karnataka High Court has upheld amendments to EPS-95 pension rules, rejecting retirees' plea against lower pension payouts. The ruling clarifies changes to pension calculations, including early retirement reductions, and their impact on EPFO members.

27 Oct 2026 9:48 pm
Indias air passenger traffic falls 6.5% in September as higher fares hit demand

Domestic airlines carried 11.82 million passengers in September, the steepest year-on-year decline since the pandemic, as seasonal weakness and rising fuel costs added to pressure from higher fares.

27 Oct 2026 9:14 pm
Digi Yatra goes international at Bengaluru airport: Beta app trials live, regular app update from November 1

Bengalurus Kempegowda International Airport is trialling Digi Yatra for eligible passengers on select international departures. Trials are available on the Beta app, with a regular-app rollout planned for November 1, 2026.

27 Oct 2026 8:57 pm
Where are mutual funds investing your money? These stocks saw the biggest buying in September 2026. Check full list

Mutual funds bought shares worth thousands of crores in September 2026. Reliance Industries, Swiggy and Gland Pharma led purchases across large-, mid- and small-cap categories. Check the top five stocks in each segment, according to Value Research.

27 Oct 2026 8:43 pm
New GST registration rules 2026: Applying for GST number? Check documents, deadlines and 5 key changes

The CBIC has issued new GST registration guidelines for 2026, clarifying documents, approval timelines and verification rules. Eligible applicants can get GST registration within three working days, while tax officers face limits on unnecessary queries.

27 Oct 2026 7:42 pm
PM Modi likely to inaugurate BhujBarauni Amrit Bharat Express during Gujarat trip: Check frequency, route, major stops

An Amrit Bharat Express linking Bhuj, Gujarat, and Barauni, Bihar, is expected to begin running ahead of Diwali. PM Modi may flag it off during his Gujarat visit, though his official itinerary does not list the inauguration.

27 Oct 2026 7:30 pm
Dubai announces world's first 24-carat gold walkway for 2026: Here's what visitors can expect from it

Located in Deira, Dubai Gold District was launched in January 2026 to bring gold and jewellery businesses, bullion trading, wholesale operations and investment activities together in one destination.

27 Oct 2026 7:21 pm
BIS ramps up food audits to check adulteration ahead of peak festival season

Demand for sweets, dairy products, edible oils, spices and other food items rises during the festive season, increasing the risk of adulteration and the circulation of products that do not meet prescribed quality standards.

27 Oct 2026 6:50 pm
Diwali 2026: Buying gold this Dhanteras? How to avoid fake jewellery scams and check purity

BIS hallmark and six-digit HUID number can help buyers verify gold jewellery through the BIS Care app before purchasing it for Dhanteras.

27 Oct 2026 6:30 pm
Telcos push for high-power use of 6 GHz Wi-Fi band

Reliance Jio, Bharti Airtel and Vodafone Idea have sought higher-power outdoor transmissions to expand broadband reach, but concerns over satellite interference remain unresolved.

27 Oct 2026 6:29 pm
Credit score above 750? Your loan can still be rejected. Here are 3 credit score myths every borrower should know

Checking your CIBIL score does not lower it, and a high salary does not guarantee a better score. From credit checks to loan approvals, here are three common credit score myths borrowers should know to avoid mistakes and improve their loan eligibility.

27 Oct 2026 6:22 pm