SENSEX
NIFTY
GOLD
USD/INR

Weather

image 36    C

Livemint

Economy / Livemint

Bank strike from Sept 28-30: Will it affect your loan EMI and credit card bill payments? Check details here

Bank unions are planning a three-day nationwide strike from September 28 to 30. Here's whether your EMI and credit card bill payments will be disrupted. 

21 Sep 2026 3:18 pm
3.79 crore TDS dispute after missed tax notices, ITAT gives taxpayer another chance despite 60-day appeal delay

The Chennai ITAT restored a TDS dispute involving nearly 3.79 crore in payments after the taxpayer missed notices and filed appeals 60 days late. The tribunal condoned the delay and ordered fresh examination of the case.

21 Sep 2026 2:53 pm
What is duration risk in debt funds and how does it affect your NAV? 4 things investors should know

Debt fund NAVs can fluctuate when bond yields change, with longer-duration portfolios generally more sensitive to interest-rate movements. Investors should assess modified duration along with maturity, credit quality, yield-to-maturity and their investment horizon.

21 Sep 2026 2:35 pm
Bank strike from Sept 28-30: Finance ministry to meet PSB, RRB chiefs today Check attendees, agenda and other details

A three-day bank strike from September 28 to 30 may disrupt banking operations. The Finance Ministry has set up a meeting with public sector bank executives to ensure continuity of essential services. Details here. 

21 Sep 2026 2:03 pm
SIM card misuse can attract 50 lakh fine, 3-year jail: DoT warns users, heres what you should check

DoT has warned mobile users that fraudulent SIM issuance, misuse of telecom identifiers and IMEI tampering can attract up to 3 years in jail and a 50 lakh fine. Users can check mobile connections issued in their name and verify handset details through the governments Sanchar Saathi portal and app.

21 Sep 2026 1:38 pm
Personalization of benefits is no longer an HR perk, it's leadership imperative

A 24-year-old starting a career, a new parent, a mid-career employee supporting ageing parents and a colleague managing a chronic health condition do not face the same risks. Giving all of them an identical health insurance package may be administratively equal, but it is not experienced as fair.

21 Sep 2026 1:31 pm
Rainwater damaged luxury car, insurer denied claim; owner wins 2.02 lakh in compensation here's what happened

A dispute over a vehicle insurance claim for rainwater damage was resolved in the car owner's favour, and he received compensation. Full details about the case here.

21 Sep 2026 12:49 pm
Your mutual fund portfolio can become riskier while you do nothing, heres what investors should track

Your mutual fund portfolio can become riskier even if you hold the same schemes, as market movements can change asset allocation, concentration and overlap. Regular portfolio-level reviews can help investors identify these shifts and check whether their risk remains aligned with their goals.

21 Sep 2026 12:29 pm
US Fed rate hike: where are risks and opportunities for debt mutual fund investors ?

Rate-hiking phases are rarely comfortable for bond investorsthey bring volatility, but the same rise in yields also opens up entry points.

21 Sep 2026 12:11 pm
Saving for emergency fund of 10-15 lakh? Heres how FD laddering can help and whether you should consider it

To manage emergency funds effectively, investors can utilize the FD laddering strategy, allocating amounts across several fixed deposits with different maturities. Here's how it works.

21 Sep 2026 10:48 am
Large-cap funds in the red: 29 of 33 schemes deliver negative returns in 1 year, category average at -3.09%

Active large-cap funds delivered an average -3.09% return over the past year, with only four of 33 funds posting gains. Several of the category's biggest schemes also delivered negative returns.

21 Sep 2026 10:37 am
Gold and silver price today, Sept 21: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities

Gold prices in India fell nearly 0.5% today during early trading hours amid US-Iran conflict uncertainties. Check retail rates of both gold and silver in top metro cities of India today.

21 Sep 2026 9:17 am
RBI eases KYC rules for FPIs, allows overseas-certified documents, heres what foreign investors need to know

RBI has extended an existing KYC facility to foreign portfolio investors, allowing Indian banks to accept specified documents certified by authorised overseas authorities. The change, effective 18 September 2026, simplifies document certification for FPIs but does not remove their KYC requirements.

21 Sep 2026 9:16 am
EMI bounce can incur penalty, lower credit score; is there a grace period before it's reported to credit bureaus?

A failed EMI payment can result in penalties and lower credit scores, as lenders report such details to credit bureaus. Check whether the borrower gets a grace period before it's reported. 

21 Sep 2026 7:35 am
34.8 lakh cash balance taxed as unexplained money, ITAT deletes addition and explains why declared income matters

The Delhi ITAT deleted a 34.8 lakh Section 68 addition after finding that the cash balance was linked to commission income already recorded and offered to tax. The ruling highlights why taxpayers receiving cash income should maintain proper books establishing the source of the cash balance.

21 Sep 2026 7:30 am
Gilt mutual funds: ICICI Prudential tops 5-year returns at over 6%; all 23 schemes remain in the green

Gilt mutual funds invest at least 80% of their assets in government securities across maturities. Among the 23 schemes in the category, Bandhan Gilt Fund and Axis Gilt Fund featured among the top five performers over both one-year and five-year periods.

21 Sep 2026 12:40 am
Credit line on UPI: From RuPay cards to pre-sanctioned loanshow it works and what users need to know

A credit line on UPI lets eligible users make payments using pre-sanctioned credit instead of their bank balance. Here's what you need to know about interest-free and interest-bearing credit lines and their use across UPI features.

20 Sep 2026 11:23 pm
Home loan EMI calculator: A small difference in interest rates costs you lakhs; check what SBI, BoI, UBI, others offer

Starting home loan rates vary from 7% to 7.45% among various banks. A 0.25% rise in interest can increase monthly payments significantly. It is crucial for borrowers to assess their financial needs and lender fees before applying.

20 Sep 2026 11:18 pm
Mutual funds take 2,495 crore exposure in NSE IPO anchor book: Nippon India Large Cap tops the list of 10 schemes

NSEs IPO anchor book saw mutual fund schemes receive shares worth nearly 2,495 crore. Here are the top 10 schemes with the largest allocations and what their exposure means for existing investors. 

20 Sep 2026 10:28 pm
How is your financial health? Answer a few simple questions to find out where you stand in investment, insurance, loans

A regular salary isn't the sole indicator of financial health. Insurance, savings, debt, and retirement planning are crucial. SEBI's Financial Health Check quiz helps evaluate your financial habits and suggests improvements. 

20 Sep 2026 9:43 pm
Property sale in India: NRI sellers face different TDS rules from residentshere's what to know

Selling property in India can trigger very different TDS rules for NRI and resident sellers. While buyers generally deduct 1% TDS on qualifying purchases from residents, NRI property sales are taxed differently, with the deduction linked to applicable capital gains tax rates.

20 Sep 2026 8:39 pm
RD interest rates: How much can you actually earn? Check what post offices and major banks offer

Total savings from RD investments vary with monthly contributions and deposit periods, and banks are rated for different timeframes.

20 Sep 2026 8:24 pm
5 lessons from The Diary of a CEO: The 33 Laws of Business and Life by Steven Bartlett

Steven Bartletts The Diary of a CEO examines key habits that influence personal and professional growth. It emphasises the importance of knowledge, skills, and gradual improvements.

20 Sep 2026 7:13 pm
Top 5 mid-cap mutual funds with the highest and lowest benchmark overlap: Do more active bets mean better returns?

Active mutual funds are expected to take different bets from their benchmarks. But mid-cap fund portfolios show a wide variation in benchmark overlap. Here's what this difference means for investors and whether taking more active bets translates into better returns.

20 Sep 2026 7:06 pm
EPFO wage ceiling raised to 25,000: Know the impact on contributions, pension and EDLI benefits all FAQs answered

The EPFO wage ceiling has risen from 15,000 to 25,000, bringing over 51 lakh employees into coverage. Know how the change could affect EPF deductions, employer contributions, pension, and EDLI insurance. 

20 Sep 2026 5:32 pm
Bank Strike September 28-30: SBI advisory on UPI, internet banking, ATM services - What you should know

United Forum of Bank Unions (UFBU) proposed three-day strike from September 28 to 30, 2026. SBI issued an advisory on banking services, UPI, ATM and more.

20 Sep 2026 4:29 pm
Bank FD rates for Senior citizens: How much will they earn from different banks? Check Bank of India, SBI and more

Senior citizens can earn up to 7.45% yearly interest. Earnings vary by bank and deposit period. Check the details.

20 Sep 2026 3:56 pm
No cash accepted! PVR INOX insists on UPI payment only; customer sends legal notice here's what the rules say

Ahmedabad advocate Utkarsh Dave has sent a legal notice to PVR INOX for refusing to accept cash for movie tickets and food, questioning their cashless-only policy. Check rules here.

20 Sep 2026 2:50 pm
3 multi-asset funds delivered over 14% in 1 year; how did the funds with the most investors money fare?

Three multi-asset allocation funds delivered over 14% in one year, led by 360 ONE at 19.91%, while Quant and Kotak followed. But the category's largest funds by AUM saw varied returns, with ICICI Prudential at 3.54% despite managing 87,833 crore.

20 Sep 2026 2:49 pm
Buying health insurance add-ons? Experts explain which riders are worth paying extra for and what to check

Health insurance add-ons can cover expenses such as consumables, OPD treatment and hospitalisation-related costs, but each rider can increase your premium. Experts explain which add-ons may be useful and what policyholders should check before buying them.

20 Sep 2026 2:34 pm
Invesco MF reopens 3 international FoFs for investments: 10 lakh daily limit, SIP & STP rules investors must know

Invesco Mutual Fund will resume fresh subscriptions in three overseas Fund of Funds from September 28, 2026, allowing lumpsum investments, switch-ins and new SIP, STP and IDCW Transfer Plan registrations. Investors face a 10 lakh daily limit per PAN, including existing systematic-plan instalments.

20 Sep 2026 1:45 pm
New EPF wage ceiling: What changes for your PF, pension and insurance

The revised EPFO ceiling of 25,000 a month, effective 17 September, will affect employees differently depending on their existing PF status, wages and contribution structure.

20 Sep 2026 12:58 pm
ST certificate cancelled 40 years later: Retired employee loses claim to full pension benefits, what Madras HC said

The Madras HC upheld the cancellation of an employee's ST certificate after authorities found that he belonged to the Urali Gounder community. The court also refused full pension and other terminal benefits, ruling that retirement does not prevent verification of an old community certificate.

20 Sep 2026 12:08 pm
Missed 431 on credit card bill, charged 30,000 interest; know the consequences of not making the full payment

A Reddit user faced heavy finance charges after missing a credit card payment by just 431. Here's all you need to know about the consequences of not paying credit card bills by the due date.

20 Sep 2026 11:57 am
Digital gold may come under RBI, SEBI oversight: What physical gold backing could mean for investors

The government is considering bringing digital gold under RBI and SEBI oversight, with a proposal for every digital unit to be backed by equivalent physical gold. The move could bring stricter rules on vault holdings, audits and investor protection.

20 Sep 2026 10:23 am
NRIs can transfer money from NRO to NRE account, but what is the annual limit? Check details here

NRIs transferring money in India must choose between NRO and NRE accounts. NRO accounts manage local income, while NRE accounts are for foreign earnings. Check fund transfer rules and limit between the two accounts.

20 Sep 2026 9:31 am
NPS Swasthya final rules: 25% healthcare withdrawal cap, mandatory insurance cover up to 30 lakh; check details

PFRDA has issued final operational guidelines for NPS Swasthya, specifying healthcare withdrawals, insurance cover, contributions and exit rules. Subscribers can withdraw up to 25% of their contributions for eligible healthcare expense.

20 Sep 2026 8:36 am
Should you buy health insurance riders or increase your sum insured? Experts explain what to prioritise

Health insurance add-ons can plug specific gaps in a policy, but experts say consumers should first ensure that their base sum insured is adequate. Before paying extra for riders, policyholders should compare the extra premium with the actual benefit, exclusions, waiting periods and costs.

20 Sep 2026 8:17 am
EPF wage ceiling hiked from 15,000 to 25,000 : Will your take-home salary fall? Experts explain

The Union Cabinet has approved a raise in the EPF wage ceiling, effective September 17, 2026. This change may increase deductions and reduce take-home salaries for affected employees. Here's who will see a change.

20 Sep 2026 8:03 am
Credit card utilisation: Does the 30% rule apply to each card or all cards combined?

Keeping overall utilisation below 30% can be crucial for maintaining a healthy credit score. Here's whether the 30% rule apply to each card or all cards combined. 

20 Sep 2026 7:44 am
The points you do not own

A credit card holders revolt shows where our financial attention goesand where it should be going.

20 Sep 2026 7:00 am
Price range, ready-to-move or under construction, 1, 2, or 3BHK Check here for what homebuyers prefer

The residential sector in India is supported by strong demand and lifestyle aspirations. A Colliers report indicates resilient housing sales, driven by long-term homeownership and selective purchasing amid affordability concerns.

20 Sep 2026 12:12 am
E-commerce platforms Eternal's Zomato, Blinkit, Meesho's Valmo facilitate ITR refunds for delivery partnersWhat we know

Eternal's Zomato and Blinkit, and Meesho's Valmo have facilitated ITR for over 2 lakh delivery partners, unlocking 35.6 crore combined in refunds. Over 70% of filers were first timers, the companies added.

19 Sep 2026 11:36 pm
Unlimited health insurance explained: Exclusions, waiting periods - 5 things you must check before buying a policy

The actual protection available depends on the terms and conditions of the policy, including its coverage, exclusions, waiting periods, deductibles, co-payments and sub-limits

19 Sep 2026 10:58 pm
No more currency conversion, gaming platform Roblox to launch wallet to pay creators What we know

Gaming platform Roblox is set to launch its own digital wallet to pay creators and facilitate easier and quicker payment, compared to the present requirement where virtual currency Robux is converted into dollars, which leads to long payment delays. 

19 Sep 2026 10:18 pm
Travelling abroad? Here's full list of foreign countries with UPI facility availability for Indian tourists

Wider acceptance of UPI abroad benefits Indian tourists, students and business travelers by allowing use familiar mobile apps for payments instead of reliance on international debit or credit cards.

19 Sep 2026 9:16 pm
EPS higher pension: BJP MP writes to PM Modi over delays, Para 26(6) hurdles for retirees

MP Ajeet Madhavrao seeks removal of administrative impediments caused by Para 26(6) of the EPF Scheme

19 Sep 2026 8:48 pm
EPFO: What is scheme certificate? Eligibility and requirement explained

All provident fund members who have an account for over 10 years, are provided with pension benefit. You can withdraw PF in full and choose to maintain annuity in the pension scheme by submitting Form 10C and availing a Scheme Certificate.

19 Sep 2026 7:46 pm
FASTag OneTag launched: Change your bank without replacing the tagheres how it works

Vehicle owners can initiate and complete the bank switching process through the National Highways Authority of India's (NHAI) official Rajmargyatra smartphone application

19 Sep 2026 7:22 pm
DA hike: Punjab govt announces 8% increase in dearness allowance for state employees, pensioners What we know

Punjab has announced an 8% increase in dearness allowance for eight lakh state government employees and pensioners. CM Mann said his government understands responsibilities shouldered by its employees and the pressures they face in personal and professional lives. 

19 Sep 2026 4:28 pm