SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Livemint

Economy / Livemint

Tycoon Dinesh Thakkar buys India's most expensive known single residential unit for 711 crore Check all we know

Dinesh Thakkar, founder of one of Indias biggest retail stockbrokers, Angel One, has bought a luxury residential tower in Mumbai for 711 crore, marking the most expensive known purchase of a single residential unit in the country, as per Bloomberg. 

22 Sep 2026 5:35 pm
5 money lessons from Smriti Mandhana's record-breaking cricket career: Diversification, consistency and more

Smriti Mandhana's cricket career leaves a lot to learn for investors. Here are 5 money lessons from her record-breaking journey.

22 Sep 2026 5:26 pm
No employer health cover? What freelancers, gig workers and entrepreneurs should consider before buying a policy

Freelancers, gig workers, entrepreneurs and self-employed professionals without employer health cover need to build personal insurance that protects both their savings and income during a medical emergency. Experts suggest choosing adequate cover that remains affordable through fluctuating income.

22 Sep 2026 4:54 pm
PhonePes UAE push is more than UPI: What its first overseas licences mean

PhonePe has secured in-principle approval for two payment licences from the UAE central bank, marking its first overseas licences. Heres what the fintech plans to do in the UAE beyond UPI, including support for Aani and Jaywan.

22 Sep 2026 4:48 pm
Income Tax Act 2025: Tax expert explains F&O rules and how to correctly set off and carry forward losses

Income Tax Act 2025: F&O traders should understand the tax treatment of trading profits, turnover calculation, eligible expenses, and the rules governing set-off and carry-forward of business and speculation losses.

22 Sep 2026 3:50 pm
Repaid your loan but your credit report still shows it as active? Experts explain how to fix it

Repaid your loan? Your credit report may take time to reflect the closure. Heres what borrowers should check, which documents to retain and what to do if a closed loan still shows as active.

22 Sep 2026 2:06 pm
Small-cap funds draw record 7,973 crore. But volatility remains the catch

Record small-cap fund inflows in August come as the Nifty Smallcap 250 outpaces the Nifty 50, but sharp historical swings underline the need for a longer holding period and suitable risk appetite.

22 Sep 2026 1:49 pm
Starting retirement investing at 40 with no corpus? Why chasing high returns could backfire, and what to do instead

Starting retirement investing at 40 requires a focus on the required corpus, higher and consistent savings rather than excessive risk. Investors should use goal-based asset allocation, step up investments annually and gradually shift money from equity to debt as retirement approaches.

22 Sep 2026 1:37 pm
Long-duration debt funds offer 7.8% yields, but further rate hikes could hurt returns. What should investors do?

Long-duration debt funds offer yields of around 7.50-7.80%, but further rises in bond yields could trigger mark-to-market losses. Experts explain whether investors should lock in current yields or consider shorter-duration options.

22 Sep 2026 12:34 pm
Lessons from Nepal floods: What Indian businesses need to know about disaster insurance

Nepal floods caused $2.56 billion in losses and $171 million in insurance claims, exposing risks relevant to India, which loses $8 billion annually to disasters. Sikkim's 2023 GLOF disaster showed how sub-limits can leave All Risk policies dangerously underinsured.

22 Sep 2026 12:21 pm
The price of innovation: why UPI needs revenue to stay free

As UPI enters a new phase of scale, a 0.4% MDR on larger merchant payments aims to fund infrastructure, cybersecurity and innovation while keeping most transactions free.

22 Sep 2026 12:20 pm
Planning a PF withdrawal? Check these EPFO details before filing claim

Planning a PF withdrawal? Check your EPFO KYC, Aadhaar, PAN, bank account, name, date of birth and employment details before filing an EPF claim to help avoid discrepancies, delays or problems during claim processing.

22 Sep 2026 11:58 am
Employee was terminated in 2000 but served for nearly 30 years; Allahabad HC orders pension & other retirement benefits

A government employee whose appointment was disputed and services were ordered to be terminated in 2000 ultimately remained in service for nearly three decades. The Allahabad HC has now directed the UP government to calculate and release his pension, gratuity and other retirement benefits.

22 Sep 2026 11:01 am
These three credit cards can earn upto 10% cashback on UPI spends

UPI-linked credit cards are making everyday QR payments more rewarding, but higher cashback often comes with app restrictions, spending thresholds, caps and exclusions.

22 Sep 2026 10:09 am
Only 5 large & mid-cap funds cross 7% in 1 year, while category average stays at 0.04%; here're the top performers

Large & mid-cap funds delivered an average return of just 0.04% in the past year, but individual fund performance varied widely. Only five of 32 schemes returned more than 7%, while seven funds ended the year in negative territory.

22 Sep 2026 10:06 am
Gold, silver prices today, 22 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 22 September: 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.

22 Sep 2026 9:34 am
Think youre a long-term investor? These warning signs show when short-term market noise is taking over

Calling yourself a long-term investor is easy, but short-term market volatility can test that commitment. Here are the warning signs of performance chasing and practical rules investors can use to stay focused on their long-term goals.

22 Sep 2026 9:00 am
8th Pay Commission: OPS vs NPS debate gains momentum as employee groups seek guaranteed pension

8th Pay Commission: The OPS vs NPS debate has emerged as a key issue, with employee and pensioner groups seeking guaranteed retirement benefits, higher pensions and stronger social security provisions for government employees.

22 Sep 2026 7:28 am
Small-cap mutual funds: How large- and mid-cap exposure differs across schemes; check 1-year returns

Small-cap mutual funds must invest at least 65% in small-cap stocks, but their remaining portfolios can differ. Heres how top 10 schemes compare on large- and mid-cap exposure and what their one-year returns show. 

22 Sep 2026 1:05 am
UPI MDR on mutual funds: Experts explain how investors could bear the charge and its impact on returns

UPI payments for mutual fund and other capital-market transactions will attract a 0.02% MDR from October 15, capped at 300 per transaction. While the charge is meant to be borne by merchants, experts explain how investors could be affected if it is passed on.

21 Sep 2026 11:59 pm
NHAI launches OneTag portability service on Rajmargyatra app Here's how FASTag users benefit

NHAI has launched the OneTag service on the Rajmargyatra app, allowing FASTag users to change issuers while retaining their original sticker. Here's how to complete this process and what it means for you 

21 Sep 2026 11:58 pm
5 business lessons from The Richest Man In Babylon by George Samuel Clason; make your money work for you and more

The Richest Man in Babylon by George S. Clason offers timeless financial lessons through ancient parables.

21 Sep 2026 11:48 pm
Have 1 crore? How to invest the amount, depending on your age; build wealth, balance growth and make the money last

Having 1 crore offers a range of spending options, but setting clear financial goals is crucial. Split the amount for essential expenses, emergencies, investments for growth and personal enjoyment.

21 Sep 2026 11:10 pm
How does MDR on UPI compare to charges on traditional debit and credit cards? Here's what NCPI's FAQs say

Is UPI still the most affordable digital payments tool? Today we take a look at what the NCPI's FAQ document states about how merchant discount rate (MDR) charges on UPI transactions compare to fees on traditional debit and credit cards. 

21 Sep 2026 11:03 pm
India-New Zealand FTA from 20 October: From kiwi to apples and honey, here's what could get cheaper for you

India-New Zealand FTA will come into force on 20 October 2026, lowering or removing import duties on several products. From kiwi and apples to Manuka honey, heres what could get cheaper for Indian consumers and which products will remain excluded.

21 Sep 2026 10:52 pm
Bank Strike Sept 28-30: What consumers should know about UPI, ATM transaction, cash withdrawal from SBI, HDFC Banks

Bank employees across India will strike for three days starting September 28, seeking a five-day work week. Customers are advised to manage banking tasks in advance, with October 2 being a national holiday. The strike is supported by the United Forum of Bank Unions, representing 90% of employees.

21 Sep 2026 10:38 pm
Attention, Delhi women! 18.5 lakh Saheli Pink Cards issued; get yours now to continue free bus travel from 1 October

Delhis Pink Saheli Smart Card will be mandatory for free DTC and Cluster bus travel from 1 October. Eligible women and transgender residents aged 5+ can apply using Aadhaar and a linked mobile number. Here's how to get the card, its cost, and its validity. 

21 Sep 2026 9:27 pm
8th pay commission: Himachal Pradesh, central govt pensioners stage protest, demand uniform pension revision

Himachal Pradesh and central government pensioners in Shimla staged a protest on Saturday, demanding withdrawal of the Centre's 2025 pension validation legislation. They are seeking uniform revision of pensions irrespective of the date of retirement.

21 Sep 2026 9:21 pm
Tax audit for AY 2026-27: Key changes in Form 3CD you should know before 30 September deadline

Tax audit for AY 2026-27 must be completed by 30 September 2026. Forms 3CA, 3CB and 3CD continue to apply, but Form 3CD has several changes covering MSME payments, loans and deposits, legal contraventions, buybacks, and other reporting requirements.

21 Sep 2026 8:08 pm
Invested in Nifty 50 index mutual funds? Here's why you should consider REITs to diversify your portfolio

If youre invested in Nifty 50 index funds, REITs could offer a different asset exposure. Their positive returns and higher distributions over the past year highlight how REITs could add diversification to an equity-heavy mutual fund portfolio.

21 Sep 2026 6:52 pm
DA news: Finance Ministry calls for meetings with PSB, RRB chiefs Check top updates on 3-day banking sector strike

The Finance Ministry reportedly called for a meeting with CEOs of public sector banks and regional rural banks today, to discuss measures to ensure smooth continuity of bank operations and essential customers services during the UFBU's 3-day national strike.

21 Sep 2026 6:40 pm
AYUSH coverage in health insurance: 5 things to know about Ayurveda treatment; whats covered, whats not and more

With the rise of AYUSH health insurance in India, Ayurveda treatment is becoming more accessible. Medical necessity and recognised hospitals are key for claims while inpatient care is typically covered. 

21 Sep 2026 6:40 pm
Income plus arbitrage mutual funds: ICICI Pru tops 1-year returns at over 6%; know the portfolio mix

Income Plus Arbitrage FoFs combine debt and arbitrage exposure through underlying mutual fund schemes. Here's a look at the top five performers by 1-year returns and what the categorys portfolio mix looks like.

21 Sep 2026 5:47 pm
Selling an inherited overseas property? Heres how India taxes the gain

An India resident selling an inherited Singapore property may face capital gains tax in India, with the acquisition cost and holding period linked to those of the previous owner.

21 Sep 2026 5:40 pm
What a higher PF wage ceiling means for employers and employees

The provident fund wage ceiling rises from 15,000 to 25,000, expanding mandatory EPF coverage to more employees and increasing employer contributions. This reform boosts retirement benefits but may reduce employees' take-home pay while enhancing social security alignment with wage realities.

21 Sep 2026 5:40 pm
EPFO: Trade union wants monthly EPF wage ceiling hiked to 30,000, says 25,000 too little, too late Here's why

EPFO: The All India Trade Union Congress wants the government to hike the EPF wage ceiling to 30,000 per month, saying 25,000 is too little, too late for social security benefits. Here are the reasons for the demand.

21 Sep 2026 4:44 pm
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