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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
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.
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.
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.
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
For NRIs, investing in both property and mutual funds can diversify portfolios. Check where they should invest their India-linked wealth.
EPFO is testing a UPI withdrawal facility. This will allow subscribers to withdraw their balance more conveniently. Here are 3 things you should know.
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.
Ramit Sethi's I Will Teach You to Be Rich is an international bestseller. Here are 5 money lessons from the personal finance book.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Experts advise customers to be particularly cautious about unsolicited job offers, schemes promising easy money and requests to rent or lend a bank account
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?
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.
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.
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.
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.
Nithin Kamath revealed that Zerodha's youngest customer is just 28 days old. Check how to set up a minor account online.
The judgment highlights the distinction between applying for a fresh government land grant and inheriting rights arising from an existing grant.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

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