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The Economic Times

Personal Finance / The Economic Times

Good news for employees: ITC on group health and life insurance allowed; Know how it helps employees

Now GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it helps. The reason for this is now employer's cost of buying insurance for its employees can reduce by claiming ITC.

8 Oct 2026 8:42 pm
ET Alpha Wealth Summit 2.0: Man and machine will shape the next phase of investing, says Sandeep Tandon, Quant Mutual Fund

Quant Mutual Funds Sandeep Tandon says the next investment edge will come from combining human judgment with AI, machine learning and alternative data. As markets become more dynamic, investors must move beyond static strategies and focus on speed, inference and decision-making.

8 Oct 2026 7:41 pm
ET Alpha Wealth Summit 2.0: SIFs are Shahrukh Khan in portfolio says Radhika Gupta, Edelweiss Mutual Fund

Edelweiss Mutual Fund MD Radhika Gupta says Specialised Investment Funds are gaining traction, offering flexible strategies beyond traditional mutual funds. With SIF assets reaching Rs 38,000 crore, she urges investors to focus on strategy, risks, taxation and portfolio purpose before investing.

8 Oct 2026 6:25 pm
ET Alpha Wealth Summit 2.0: Its Active and Passive, Not Active or Passive, says Anand Vardarajan, Tata Mutual Fund

Tata Asset Management MD Anand Vardarajan says investors should combine active and passive strategies rather than treat them as rivals. He recommends layered portfolios using passive exposure, active alpha-seeking funds, multi-asset diversification and higher-risk strategies amid changing rates and valuations.

8 Oct 2026 5:32 pm
Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situations

From stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer earlier this year won Rs 3.21 lakh for a delayed credit card closure. Here are 5 situations where the clock ticks in your favour, with compensation ranging from Rs 100 to Rs 5,000 a day.

8 Oct 2026 5:10 pm
FD interest calculator: Extra amount you can get on Rs 1 lakh-Rs 10 lakh deposits at 5-25 bps interest rate hike

The Reserve Bank of India has increased the repo rate from 5.25% to 5.50% during its recent meeting. This hike is expected to encourage banks to raise their fixed deposit interest rates soon. Customers could earn considerably more on their fixed deposits with even small increases in interest rates. Detailed calculations show potential increases in maturity amounts for varying deposit sizes.

8 Oct 2026 4:29 pm
TCS Q2 results: Profit rises 15% YoY to Rs 13,884 crore; co declares Rs 12 dividend

TCS Q2 Results: IT services major Tata Consultancy Services (TCS) on Thursday reported 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter.

8 Oct 2026 3:52 pm
Citis India IB revenue nearly doubles as bank raises $16 billion for clients, shows data

Citis India investment banking revenue nearly doubled to $52 million, making it the countrys top-ranked investment bank. The lender helped Indian companies raise nearly $16 billion and advised on $36 billion of M&A, driven by overseas expansion and technology-sector activity.

8 Oct 2026 3:48 pm
Husband earns Rs 1.5 lakh monthly but wife gets no maintenance; Allahabad HC explains when a wife can be denied support

Wife refused to return to matrimonial home after Raksha Bandhan, sought maintenance citing husbands Rs 1.5 lakh salary; Allahabad HC rejects her plea for living separately without sufficient cause and earning capability

8 Oct 2026 3:18 pm
Daughter-in-law claimed right to shared household; senior citizen sought eviction: Heres what Delhi HC ruled

The Delhi High Court recently upheld an eviction ruling that affects a daughter-in-law, amidst a nuanced legal struggle that weighs the interests of elderly individuals against those of women. This decision highlights key aspects of the Senior Citizens Act, sparking discussions on family rights, issues surrounding non-maintenance, and instances of mistreatment within housing conflicts.

8 Oct 2026 2:59 pm
ET Alpha Wealth Summit 2.0: Equities arent enough? Praveena Rai makes a case for commodities

In India, commodities are steadily gaining traction as a crucial component of investment strategies. As investors diversify beyond conventional assets, they are discovering opportunities in gold, copper, and energy markets. Innovative financial products make it easy to engage in these commodities without the need for physical possession. Success demands a strong grasp of specific commodities and diligence in choosing regulated trading platforms.

8 Oct 2026 2:42 pm
6 stages of wealth: The framework behind the ET Wealth expo agenda

The ET Wealth Expo 2026 introduces a comprehensive six-stage framework for optimal wealth creation and management. It covers vital areas like earning, building, protecting, growing, retiring, and transferring wealth through various engaging sessions. Participants will delve into innovative income streams, investment opportunities, and strategies for financial protection, alongside retirement planning. The expo also emphasizes effective legacy transfer techniques and maintaining continuity in wea

8 Oct 2026 2:21 pm
ET Alpha Wealth Summit 2.0: Worried about your SIP returns? Prashant Jain wants investors to focus on the bigger picture

Many investors fret over mutual fund SIP returns, yet a shift in focus to economic fundamentals is essential. Prashant Jain pointed out that while markets may stagnate, economic growth continues. For long-term investors, a flat market could prove beneficial through systematic investments. Previous years of low equity returns shouldn't prompt a dash towards alternatives; rather, maintaining an eye on Indias economic growth bolsters the argument for equity investment.

8 Oct 2026 1:30 pm
8th Pay Commission DA calculator: What 25% dearness allowance may mean for Level 6-8 employees

8th Pay Commission news: The 8th Pay Commission has begun discussions regarding the salary, allowances, and pension of central government employees. Their meetings in Bengaluru will address various aspects of employee compensation, including work conditions. Once the Commission finalizes its report, salary revisions will be implemented for affected central government employees. The calculation of dearness allowance will also be based on the new salaries after revisions.

8 Oct 2026 1:07 pm
NFO Insight: Aditya Birla Sun Life Financial Services Sectoral Debt Fund opens for subscription. Is it the right time to invest?

Aditya Birla Sun Life Mutual Fund has launched a sectoral debt fund focused on financial services, with relatively high interest rate risk and moderate credit risk. Experts say investors should weigh the funds sector concentration and limited track record against potential benefits from attractive yields, while considering diversified debt options for core allocations.

8 Oct 2026 12:31 pm
Edelweiss Asset Management launches Edelweiss US Technology Equity Fund in GIFT City, invests in JPMorgan US Technology Fund

Edelweiss Asset Management launched the Edelweiss US Technology Equity Fund through GIFT City, providing dollar-denominated exposure to JPMorgans US Technology Fund. The fund targets resident investors, NRIs, institutions and family offices, with a $5,000 minimum investment. The launch offers an alternative overseas investment route amid Indias mutual fund limits.

8 Oct 2026 10:55 am
Sensex falls 400 pts, Nifty below 22,500 as D-Street digests RBIs calibrated tightening stance. What can bring bulls back?

Indian equities remain under pressure as the RBIs calibrated tightening stance, continued FII selling and rising oil prices weigh on sentiment, while IT stocks outperform and analysts expect largecaps to face further pressure.

8 Oct 2026 10:46 am
Best small cap mutual funds to invest in October 2026

According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks. Small companies go through many ups and downs - more than the established companies in the large and mid cap segments. That is why investing in small cap stocks is considered extremely risky; the small cap segment can also be extremely volatile, especially in the short term. That is why smal

8 Oct 2026 10:20 am
Jubilant FoodWorks shares in focus after Q2 revenue grows 12% YoY

Jubilant FoodWorks reported 11.9% YoY growth in consolidated Q2FY27 revenue to Rs 26,087 million, while standalone revenue rose 11.6%. Dominos India posted 4.1% LFL growth, and the company added 108 stores, taking its network to 3,820. Shares gained 2.42% amid investor focus on demand, sales growth and expansion.

8 Oct 2026 9:36 am
Sisters demanded 1/3 share in parents lands, citing Hindu Succession Law, but brother won the case in Madras HC; know why

Brother cuts sisters from parents lands & wins case: Sisters wanted to apply Hindu law of succession and get 1/3rd share in parents lands, brother refused them and wins case in Madras HC; Know why

8 Oct 2026 7:00 am
Bank of India Small Cap, Bandhan Small Cap among 5 smallcap mutual funds delivering over 22% annualised returns in 3 years

Five small cap mutual funds delivered annualised returns above 22% over three years through September 2026, led by Bandhan Small Cap Fund. However, investors should assess risk appetite, investment horizon and financial goals rather than choosing funds solely on past performance.

7 Oct 2026 5:07 pm
Bharti Airtel shares defy weak markets, rise over 2% after launch of new plans

Bharti Airtel shares gained after the telecom major launched new postpaid plans offering additional benefits, including free international roaming.

7 Oct 2026 3:46 pm
Grandmother seeks maintenance and share in family pension from granddaughter and daughter-in-law; loses case in Kerala HC

In a recent incident in Kerala, a grandmother filed court case asking for a share of her late son's family pension AND Rs 15,000 maintenance. However, she lost the case in Kerala High Court. Know why

7 Oct 2026 3:08 pm
RBI MPC decision: How should mutual fund investors tweak their portfolio strategy after 25 bps rate hike?

RBIs 25-basis-point repo rate hike has changed the near-term outlook for mutual fund investors. Experts advise continuing SIPs, staggering lumpsum investments and favouring quality, shorter-duration debt funds. In equities, large caps remain preferred for core allocations, while investors should be selective with small-cap and thematic exposure amid policy uncertainty.

7 Oct 2026 2:16 pm
Vikas Khemanis Carnelian Mutual Fund appoints Rajkumar Dhiman as CEO

Carnelian Mutual Fund has appointed Rajkumar Dhiman as CEO as Vikas Khemanis asset management firm expands into mutual funds, with the fund house set to launch liquid and smallcap funds.

7 Oct 2026 1:34 pm
Gold rate today (October 7, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq

Gold rate today: On October 7, 2026, gold and silver prices saw notable changes among leading jewellery retailers. Tanishq announced a reduction in the cost of its 22k gold offerings compared to the day before.

7 Oct 2026 1:04 pm
Hyderabad hosts global real estate dialogue as IREC 2026 brings 2,000+ delegates to HITEX

Hyderabad recently welcomed the 7th International Real Estate Conference, gathering over 2,000 delegates from 35 nations. This engaging event featured discussions on evolving global real estate trends, including shifting buyer preferences and technological advancements. Participants also addressed the robustness of India's housing sector, sharing primary sales insights, and delving into critical viewpoints on institutional investments and urban growth.

7 Oct 2026 11:50 am