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Vasudevan said his daughter being the co-promoter of an NBFC was disclosed to Equitas SFB's board and the Reserve Bank of India, and despite there being no conflict of interest, the perception has persisted.

A Mumbai consumer commission has ordered a developer to refund 45.45 lakh to a homebuyer who waited nearly a decade for a Panvel flat, with 9% annual interest taking the payout to 86.37 lakh. However, it rejected his claim for 5.23 lakh in home loan interest.

Prime Minister Narendra Modi will release the 24th PM-Kisan instalment on October 30 at an event in Gujarat. Here's how to check the payment status. 

ITAT Chennai has deleted a 26 lakh penalty on a salaried taxpayer who accepted a 26 lakh cash advance while selling his house to repay an outstanding home loan. The tribunal cited reasonable cause, considering the genuine transaction and financial circumstances.

AI can help investors identify costly funds, idle cash and gaps in financial planning, but it may not replace human judgement. A 1 Finance report says effective financial advice extends beyond investment returns to goal planning, behavioural coaching and monitoring changing financial needs.

SEBI chief Tuhin Kanta Pandey warned against investment scams on WhatsApp and Telegram, saying people are losing money to misleading promises. SEBI has introduced a tool to verify bank accounts, UPI IDs and QR codes linked to regulated market entities.

Jio Platforms listing adds a new stock for mutual funds to consider. Experts explain how holding Jio alongside Reliance Industries could create group-level overlap, while pairing it with Bharti Airtel could increase telecom sector concentration. Heres what investors should check.

Retiring at 55 with 2 crore? Learn how to plan monthly withdrawals for 30 years, compare 50,000 and 60,000 withdrawal options, and understand how inflation, investment returns and emergency savings affect retirement planning.

Naming children as nominees for mutual funds does not guarantee inheritance. Legal heirs may claim a share under a will or succession laws. Experts explain why parents should align nominations with a valid will to avoid disputes and delays.

SEBI will make direct mutual fund plans the default on asset management companies' digital platforms from November 1, 2026. Investors may still choose regular plans but must be told they carry higher costs. Details here. 

LIC Health Shield Plan 907 offers fixed payouts for hospitalisation, surgeries and specified medical procedures. Know its benefits, premiums and waiting period, and find out whether it can replace comprehensive health insurance.

Amazon and Flipkart offer two-wheeler buyers a way to stack platform discounts, bank offers and card rewards. But EMI costs, voucher limits and dealer fees can eat into the savings.

The US Fed has kept interest rates unchanged at 3.75%4%. What does this mean for gold prices in India? Experts share their outlook for the coming months and 2027, explain the risks for investors, and discuss whether jewellery buyers should purchase now or wait for a price correction.

In December 2025, Trai proposed cutting charges by up to 55% in some microwave bands and setting a uniform spectrum usage charge of 0.1% per carrier, replacing the existing variable-rate structure.

Applying for a PAN after April 1, 2026? The Income-tax Act, 2025, prescribes Forms 93, 94, 95, and 96 based on the applicants citizenship and entity status. Here is who should use each form, the documents required, the application fees, and how to apply online. 

Planning to buy silver coins, jewellery or utensils this Diwali? Know what purity grades such as 999, 925 and 800 mean, whether hallmarking is mandatory, how to verify a six-digit HUID using the BIS Care app, and what buyers should check before making a purchase.

SBI Card will introduce a 1% fee on eligible high-value fuel and transportation transactions from 1 December 2026. Check the 30,000 transport threshold, 50,000 fuel spending limit, applicable charges and steps cardholders should take.

Digit Insurance chairman Kamesh Goyal argues that co-payments alone cannot contain healthcare costs. Transparent hospital pricing, simpler insurance products and expense rules that reflect retail customers costs are also needed.

Private equity funds including Blackstone, EQT and ChrysCapital are evaluating precision engineering and manufacturing businesses with the aim of consolidating such businesses.

Need money urgently? Compare PPF loan vs personal loan interest rates, borrowing limits, eligibility and repayment rules in October 2026. Here are the PPF loan costs, personal loan EMIs and key conditions to choose a suitable borrowing option during a financial emergency.

A local bank holiday for Karwa Chauth on October 29 affects public- and private-sector banks. Customers can use online and mobile banking, UPI, cards and ATMs. 

The Union Cabinet has approved a 3% DA hike for central government employees, taking the rate to 63% effective from 1 July 2026. How much will monthly salaries increase across different pay levels? Check the revised DA calculations and what employees can expect.

The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra salary to build savings, invest through recurring deposits and mutual fund SIPs or increase their emergency corpus.

The co-payment proposal raises concerns about all three sources of market failure: information asymmetry, market power, and externalities.

Margins of MSMEs that use polymers to make finished products have halved, while rising prices of crude oil from which polymers are made have strained their working capital

Indian residents can invest in foreign stocks through the RBIs Liberalised Remittance Scheme. Here's how much one can invest per year and whether Indians can directly apply for foreign IPOs. 

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.

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.

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.

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.

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.

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

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. 

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.

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.

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. 

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. 

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

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. 

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

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.

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.

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 

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%. 

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.

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.

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.

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.

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.

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.