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Punjab National Bank, Indian Bank raise lending rates after RBI repo rate hike Here's what this means for customers

After the RBI raised its repo rate to 5.50%, Punjab National Bank, Indian Bank, Bank of Baroda, Bank of India, Indian Overseas Bank and Tamilnad Mercantile Bank increased their lending rates. Here's what this means for customers

7 Oct 2026 11:33 pm
Export bonanza: How this Bengaluru farmer makes 50,000 a day by growing baby bottle gourds for Qatar market

Farmer Karigowda, who owns a 3.5-acre farm in Karlapura Palya in Bengaluru Urban district, grows bottle gourds that weigh around 500 grams each.

7 Oct 2026 11:07 pm
EPFO shares security advisory: Here's how to safeguard your account, in simple steps

The EPFO issued a security advisory urging members to protect personal and financial information. It warned against sharing sensitive data and warned of phishing attempts, emphasizing the use of official portals only while remaining vigilant about suspicious links.

7 Oct 2026 10:51 pm
RBI hikes repo rate by 25bps: What it means and how it impacts you | All FAQs answered

The RBI's 25-basis-point repo rate hike on 7 October is aimed at curbing inflation. This increase could raise borrowing costs for loans, affecting monthly repayments, while potential adjustments to deposit rates may also occur.

7 Oct 2026 10:12 pm
What happens to FD interest rates after RBI MPC hikes interest rates? Calculation explains basis 25 bps

The Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, marking its first increase since February 2023. Here's a look at whether this could impact fixed deposit rates and what any transmission would mean for your funds 

7 Oct 2026 9:15 pm
Property or mutual funds? Where should NRIs invest their India-linked wealth? Explained

For NRIs, investing in both property and mutual funds can diversify portfolios. Check where they should invest their India-linked wealth.

7 Oct 2026 8:27 pm
Want to withdraw money from your provident funds through UPI? Testing starts: Here are 3 things you should know | Report

EPFO is testing a UPI withdrawal facility. This will allow subscribers to withdraw their balance more conveniently. Here are 3 things you should know.

7 Oct 2026 8:16 pm
EPFO wage ceiling hiked to 25,000: Likely enhancements in social security coverage pension, insurance, explained

The Cabinet increased the EPF wage ceiling to 25,000, expanding coverage for 51 lakh employees. This change, the first in 12 years, raises employer contributions and enhances pension benefits for long-term subscribers, impacting total accumulated corpus.

7 Oct 2026 7:11 pm
5 money lessons from international bestseller I Will Teach You to Be Rich by Ramit Sethi

Ramit Sethi's I Will Teach You to Be Rich is an international bestseller. Here are 5 money lessons from the personal finance book.

7 Oct 2026 7:01 pm
RBI removes Paytm Payments Bank from list of scheduled banks after cancellation of banking licence What we know

The Reserve Bank of India has removed Paytm Payments Bank from its list of recognised scheduled banks due to non-compliance with regulations. The bank's licence, cancelled in April 2023, was deemed detrimental to depositors' interests.

7 Oct 2026 6:34 pm
Bajaj Finance raises FD rates by up to 40 bps; senior citizens can earn up to 8.15% check details

Bajaj Finance has raised FD interest rates by 15-40 basis points across 12-60 month tenures. Senior citizens can now earn up to 8.15% on fresh deposits and 8.25% on renewals, while regular depositors can earn up to 7.75% and 7.85%, respectively.

7 Oct 2026 6:30 pm
Billionaires like former Twitter CEO Parag Agrawal are bullish on artificial intelligence: Check options to invest in AI

India's AI sector is gaining prominence, with 19 individuals listed on the M3M Hurun India Rich List 2026, collectively worth 3.07 lakh crore. 

7 Oct 2026 5:54 pm
Bank account nominee dies before the holder? Know what happens to the money

What happens if a bank account nominee dies before the account holder? Know the latest rules on simultaneous and successive nominations, how the deceased nominees share is treated, and what legal heirs may need to do to claim the money.

7 Oct 2026 4:35 pm
Lost your credit card? 5 steps you should take immediately to avoid fraud

Lost your credit card? Acting quickly can help limit the risk of unauthorised transactions and fraud. Block the card, disable contactless payments, check recent transactions, secure digital wallets, report suspicious activity and request a replacement card.

7 Oct 2026 3:02 pm
RBI rate hike: Debt funds, equities, FDs or gold, which asset classes may benefit as the rate cycle turns? Expert view

RBIs 25 bps repo rate hike could reshape returns across debt, equity, FDs and gold. Experts explain which asset classes may benefit, where investors could face pressure and how to position portfolios as the rate cycle turns.

7 Oct 2026 2:49 pm
New FEMA rules: RBI clarifies what freelancers and small exporters need to report; FAQs to be released soon

RBI has clarified reporting rules under the new FEMA trade regulations effective 1 October. Individuals are not required to report personal imports or exports, while small exporters with bills up to 10 lakh can use self-declaration and an invoice.

7 Oct 2026 2:08 pm
8th Pay Commission Bengaluru meeting today: Postal employees seek higher pay, HSG-I upgrade

The 8th Pay Commission begins its Bengaluru meeting today as employee unions push key demands on pay, allowances and service conditions. Postal employees have sought Level 9 for HSG-I, Level 10 or above for HSG-I (NFG), Group B gazetted status and a 10% responsibility allowance.

7 Oct 2026 1:34 pm
Planning an adventure holiday? Check if you have the right travel insurance

Adventure sports such as diving, trekking and rafting may not be covered by standard travel insurance. Heres what Indian travellers should check before buying a policy.

7 Oct 2026 1:33 pm
UPI MDR from 15 October: RBI Governor says small fee unlikely to hit transaction volumes

UPI MDR takes effect from 15 October for select merchant transactions above 2,000. RBI Governor Sanjay Malhotra said he does not expect the small fee to have a major impact on UPI volumes, while consumers will not be charged.

7 Oct 2026 1:04 pm
RBI repo rate hike: How will the 25 bps increase affect your home-loan EMI? Experts explain

RBI has raised the repo rate by 25 bps to 5.50%, increasing borrowing costs for consumers with floating-rate loans linked to external benchmarks. Home-loan borrowers may see the hike reflected through higher EMIs, longer repayment tenures or both, depending on their lenders mechanism.

7 Oct 2026 11:48 am
RBI MPC speech: FDI, forex reserves, credit growth what Governor Sanjay Malhotra said on global financials

Governor Sanjay Malhotra highlighted stronger FDI inflows, $734.6 billion forex reserves and 18.1% bank credit growth, while noting $10.3 billion FPI outflows amid global financial risks.

7 Oct 2026 11:19 am
RBI rate hike: What happens to existing and new fixed deposits? Experts weigh in

The RBI repo rate hike to 5.50% may benefit fixed deposit investors over time. Here is what the rate hike means for existing FDs, new deposits, FD renewals and interest rates.

7 Oct 2026 11:17 am
UPI MDR Charges: Will newly introduced fees impact your Diwali, Dhanteras shopping bills?

UPI MDR will apply to select merchant transactions above 2,000 from 15 October 2026, but consumers will not have to pay the charge. Heres what the new rules mean for Diwali and Dhanteras shopping, including high-value purchases.

7 Oct 2026 10:32 am
What Lionel Messi's career teaches us about building long-term wealth: 5 key money lessons

Lionel Messis career with Argentina offers valuable lessons for building long-term wealth. From staying consistent and adapting to setbacks to diversifying income and planning beyond peak earnings, these five money lessons can help investors build stronger financial habits.

7 Oct 2026 10:09 am
Gold and silver price today, 7 Oct: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities

Gold and silver prices today, 7 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.

7 Oct 2026 9:42 am
Let commissions fall: Why we should welcome the Irdai reforms

Irdais proposed commission reforms are a step forward, but better claims data are needed to ensure consumers can judge not just what insurance costs, but what it delivers.

7 Oct 2026 9:00 am
Retired professor waited 12 years for pension benefits, Telangana rights panel directs NIMS to pay within 3 weeks

A Telangana retired professor waited nearly 12 years for his pensionary benefits after taking voluntary retirement. The Telangana Human Rights Commission has now directed NIMS to settle his dues within three weeks.

7 Oct 2026 8:34 am
8th Pay Commission Bengaluru meeting today: 5 latest updates central govt employees need to know

The 8th Pay Commission begins its meetings in Bengaluru today. Here are the five latest updates on consultations, fitment factor, salary, allowances and pensions, and what central government employees and pensioners should know about the ongoing process.

7 Oct 2026 7:46 am
Paid a large credit-card bill in cash? ITAT ruling explains when the tax department can question the source of money

A Jaipur ITAT ruling offers relief to taxpayers making large cash payments from bank withdrawals. The tribunal said every credit-card payment need not be matched to a specific withdrawal if the taxpayer can establish the source and availability of the cash.

7 Oct 2026 7:19 am
British Airways A380 makeover: Worlds biggest business class, 30% fewer economy seats and 5 other key changes

The carrier will refurbish all 12 of its A380 aircraft, introducing a new business-class cabin that spans the entire upper deck. British Airways has described it as the worlds biggest business-class cabin.

7 Oct 2026 1:25 am
10,000 SIP to 46 lakh in October 2026: Which mutual fund scheme created the most wealth for investors over 10 years?

A 10-year SIP can significantly grow wealth through the power of compounding. We look at the top-performing active diversified equity funds and hybrid funds, their long-term SIP returns and how a 10,000 monthly investment could have grown over a decade.

7 Oct 2026 1:13 am
RBI 25-bps rate hike or status quo: What should mutual fund investors do after the policy announcement? Expert explains

The RBI may raise the repo rate by 25 bps or hold it at 5.25%. What should investors do with their equity, debt, arbitrage and gold allocations under either scenario? Experts explain how to navigate the decision and what portfolio changes to make. 

6 Oct 2026 11:48 pm
Cyber fraud: How customers can prevent their bank accounts from being used as mule accounts

Experts advise customers to be particularly cautious about unsolicited job offers, schemes promising easy money and requests to rent or lend a bank account

6 Oct 2026 11:14 pm
Mid-cap and small-cap mutual funds have outperformed: Why should investors favour large-caps at this stage?

Mutual fund investors have seen mid- and small-cap funds outperform large-cap funds, but valuations tell a different story. With large caps looking relatively attractive, should investors review their equity-fund allocation now?

6 Oct 2026 10:56 pm
India's fastest wealth creator is from Kolkata: Net worth jumps 859% to 18,800 crore: Who's he? What does he produce?

Aditya Kumar Halwasiya of Kolkata is India's fastest wealth creator, with an 859% increase, reaching 18,800 crore. He ranks 193 after rising 939 places.

6 Oct 2026 9:54 pm
Salaried taxpayers: Key checks to make in 2026 for your next ITR expert explains changes under Income Tax Act 2025

The Income-tax Act, 2025, brings changes that salaried taxpayers will encounter in payroll records, tax forms and their next ITR. From updated section references to revised reporting requirements, heres what taxpayers should check and keep in mind.

6 Oct 2026 9:38 pm
Stepmother wins Supreme Court property battle: How Karnataka mans bid for fathers entire fortune backfires

The Supreme Court held that the stepmother acquired an interest in her deceased husband's share under the Hindu Women's Rights to Property Act, 1937.

6 Oct 2026 9:12 pm
Best large and mid-cap mutual funds October 2026: Consistent performers across YTD, 3- and 5-year returnsand their beta

Large & mid-cap mutual funds have delivered varying returns in 2026. We compare the top performers across YTD, 3-year and 5-year periods and examine whether consistent performers also carry higher beta, offering investors a closer look at returns alongside market sensitivity.

6 Oct 2026 8:44 pm
Zerodhas youngest investor is just 28 days old: How to open a free minor account online on the stock brokerage platform

Nithin Kamath revealed that Zerodha's youngest customer is just 28 days old. Check how to set up a minor account online. 

6 Oct 2026 8:36 pm
Can a married daughter be denied inheritance rights? Here's what Himachal Pradesh HC ruled

The judgment highlights the distinction between applying for a fresh government land grant and inheriting rights arising from an existing grant.

6 Oct 2026 7:34 pm
Real estate investment for NRIs: Why you shouldn't treat your property in India as passive asset

NRIs must navigate complex requirements when selling Indian real estate, including banking protocols and tax obligations. Properties require ongoing attention, management and budgeting to address potential issues. 

6 Oct 2026 7:14 pm
Gold falls 26% from January peak, silver deficit persists: How should mutual fund investors respond?

Gold has corrected 26% from its January peak, raising questions for ETF investors. Strong central-bank demand, stabilising ETF flows, and geopolitical and fiscal risks continue to support gold, while silver faces a supply deficit. Heres what investors should know before adding exposure.

6 Oct 2026 6:44 pm
India's richest families invest crores in green energy: Want to join in? Here are your options

Wealthy Indian families are investing in green energy sectors such as solar and wind, with Gautam Adani spearheading the trend. Investment opportunities include stocks, mutual funds and solar panel installations.

6 Oct 2026 6:16 pm
Travel insurance: High sum insured may not cover all medical costs; check these sub-limits

Travel insurance: Insurers may place separate caps on expenses such as hospital room rent, intensive care unit (ICU) charges, surgery, doctor consultations, diagnostic tests and ambulance services.

6 Oct 2026 6:06 pm
Minimum Wage hike: These 5 US states to raise pay in 2027 by up to 60%, with rates hitting $17.73 an hour

US minimum wages will rise in 5 states in 2027, with Washington leading at $17.73 an hour. Seattle's rate will hit $22.14.

6 Oct 2026 4:57 pm
Does your will cover everything you own? Heres what can go wrong

A will can be legally valid yet leave part of an estate undisposed. A well-drafted residuary clause can help ensure assets not covered by specific bequests pass to the intended beneficiaries.

6 Oct 2026 4:34 pm
IRDAI commission caps: Insurance brokers write to PM, FM say proposed rules may not benefit policyholders

IRDAI has proposed changes to insurance commission structures, including caps for banks, brokers and agents across products. Insurance brokers have opposed the proposals, raising concerns over their impact on distributors, jobs and the wider insurance sector.

6 Oct 2026 4:19 pm
Soft vs hard enquiries: Checking your own credit report? Know why it wont hurt your credit score

Checking your own credit report does not lower your credit score because it is generally a soft inquiry. Understand the difference between soft and hard enquiries, why lender checks can affect your score, and how regular credit monitoring can help detect errors and fraud.

6 Oct 2026 3:55 pm
Tenant fails to pay rent: Can house owners exclude the unpaid amount from taxable income? Expert explains

Unpaid rent is not automatically excluded from taxable income. Know when a house owner can claim unrealised rent under the Income-tax Act, 2025, the conditions under Rule 21, and how subsequently recovered rent is taxed.

6 Oct 2026 2:51 pm
Young investors may be hurting their long-term returns with this investing habit, heres how to avoid it

Young investors are checking their portfolios and trading more frequently, but excessive monitoring can encourage short-term thinking. The CFA Institute says investors should stay engaged without letting every market movement trigger a change in their long-term investment plan.

6 Oct 2026 2:48 pm