The Economic Times

Flat possession delayed; MahaRERA rejects builders jurisdiction excuse, awards Rs 7.1 lakh interest to homebuyer. Even though the builder tried to put the blame on PMC-PMRDA jurisdiction issue, the homebuyer managed to prove that his area (Wagholi) came under PMC jurisdiction and the builder knew this before signing the agreement.

Five SIFs have delivered double-digit returns since inception, led by Quant Mutual Fund

Portfolio overlap can reduce the diversification investors expect from holding multiple mutual funds. Identical top holdings, particularly across large-cap schemes, can concentrate risk, duplicate expenses and limit portfolio benefits despite owning several funds.

Over two years, SIPs outperformed lump-sum investments across equity fund categories, with the gap widest in smallcap funds. SIPs delivered positive average returns even where point-to-point returns remained muted or negative.

For ancestral property oral relinquishment can suffice but not for self-acquired properties; Check what Hindu Succession law says. Ancestral vs self-acquired property

Rs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi cancels penalty

Wife got late husbands job on compassionate grounds, she left mother-in-law alone and remarried; Rajasthan High Court protects her and orders employer to cut 25% ofwifes salary wife and pay it to mother-in-law

Aditya Birla Sun Life Mutual Fund has suspended fresh subscriptions in three international funds from September 24, 2026, after briefly reopening them. Existing systematic transactions continue. The funds have delivered strong recent returns, outperforming benchmarks over six months and three years, with combined assets under management of Rs 832 crore as of August 2026.

Navigating the unpredictable tides of market fluctuations can be particularly daunting for retirees. This guide delves into balancing equity and debt in investment portfolios, highlighting strategies for managing withdrawals during market downturns, the critical role of a retirement buffer, and the necessity of adaptable financial plans to shield against economic uncertainties, thereby promoting a stable and comfortable retirement lifestyle.

For senior citizens aged 60 and above, numerous banks are offering fixed deposit interest rates as high as 8.5%. Jana Small Finance Bank has an attractive 8.3% rate for three-year terms, while Utkarsh Small Finance Bank offers 8%. To avoid TDS, seniors should submit Form 15H if their annual income stays beneath the taxable limit, with TDS applied if FD interest exceeds Rs 1 lakh.

Mutual fund risk ratios help investors assess a scheme beyond past returns. Key measures include alpha, beta, R-squared, Sharpe, Treynor, information, Sortino and semi-standard deviation, offering insights into volatility, consistency and risk-adjusted performance.

The one rank, one pension scheme currently supports Armed Forces personnel and select officials. Employee unions are pushing for it to cover all central government civilian employees from Level 1 to Level 18. They argue that pension inequities stem from varying retirement dates across different Pay Commissions. To address this, the All India Defence Employees' Federation suggests implementing notional pay fixation to ensure pension fairness.

A retirement fund of Rs 1 crore can serve as a vital asset, but navigating withdrawal rates is imperative for longevity. Financial advisors advocate for conservative investments that yield stable returns, as excessive withdrawals may accelerate depletion of the corpus. A monthly draw between Rs 30,000 and Rs 58,333 can help maintain fiscal health, with inflation as a key consideration.

On September 26, 2026, banks are closed due to the second Saturday of the month. Customers planning to visit banks must wait until September 27, when public sector banks will operate.

Tenant ordered to evict as landlord wants to open a law office and proved his bona fide need in Delhi High Court. In this case the landlord's grandfather gave it on rent but his family members needed the property to open a law office as there were three lawyers in their family.

Bangalore landowner wins unexplained money case in ITAT after proving he sold vegetables and fruit for large amount of cash to APMC

Customers can visit public sector banks and Regional Rural Banks on September 27, as they will remain operational ahead of the impending strike from September 28 to 30. The State Bank of India has confirmed that their branches will be accessible this Sunday. It's recommended that customers rely on digital banking during the strike days, as the All India Bank Officers' Association prepares for a stay-out strike during this period.

UPI offers mutual fund investors a convenient way to make lump-sum investments and set up SIP mandates. While the new 0.02% MDR applies to select one-time transactions, UPI AutoPay SIPs remain exempt, and the impact on investors is expected to be limited.

Starting September 2026, a major shift in the EPFO wage ceiling will raise the limit from Rs 15,000 to Rs 25,000 monthly. This increase will have different effects on various employees, especially those accustomed to the old ceiling as their deductions will change. Employers could face delays in updating their payroll systems, causing possible arrears and necessary adjustments for workers as they adapt to the new regulations.

New proposals by IRDAI aim to reform loan-linked insurance offerings from banks and NBFCs, ensuring transparency for borrowers. Key changes may prevent mandatory insurance bundling, allowing for better consumer choices and potential interest rate benefits, while still enabling some insurance package offers. Discover how these reforms could impact your next loan decision.

Builder promised specially enabled parking spaces; homebuyer paid Rs 1.03 crore for a 3BHK unit, but the builder failed to honour the parking promise; homebuyer wins case in Karnataka RERA. Read the article to know how did the homebuyer win the case.

Effective from October 1, 2026, the Reserve Bank of India will implement new rules concerning bulk fixed deposits. Every bank will be mandated to reveal their daily bulk deposit interest rates at 10 am. This regulation aims to ensure that interest rates for identical bulk deposits remain the same in all branches.

Nine equity mutual funds delivered over 30% returns on SIP investments in the last one year, with eight from the small-cap category and one focused fund. Bank of India Small Cap Fund topped the list with a 45.95% return, followed by TRUSTMF Small Cap Fund at 41.53%, according to ETMutualFunds.

IRDAI's proposed reforms could revolutionize motor insurance purchases, making them more transparent and customer-friendly. With direct digital buying options, increased awareness of alternatives, and safeguards against dealer biases, these changes aim to empower policyholders and enhance competition. Discover how these adjustments could impact your next car or two-wheeler insurance policy.

Gold rate today: Leading jewellery brands have reported a boost in gold prices today, including Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers.

Canara Robeco Asset Management Company has entered the Asia Book of Records and India Book of Records for its year-long 'Nivesh Bus Yatra' campaign. Traveling over 28,000 km across 12 states, the mobile classroom initiative reached over 26,000 investors to promote awareness on SIPs, STPs, and SWPs.

As the nation prepares for a bank strike from September 28 to September 30, 2026, the State Bank of India has decided to eliminate ATM charges for transactions during this time. Although branches will continue to operate, customers should prioritize completing necessary transactions beforehand and consider using digital banking options.

Not disclosing your parents' medical conditions when buying health insurance can have serious repercussions, especially at the time of a claim. Discover why complete transparency is crucial and learn the recommended steps if you've missed important disclosures on the proposal form to safeguard your policy and maintain coverage.

Motilal Oswal Mutual Fund has launched the Nifty REITs & Realty Index Fund, which will be accepting subscriptions until October 9. This innovative fund seeks to give investors access to listed REITs and real estate firms using an index-focused strategy. Given the absence of historical performance data for new funds, experts suggest exercising caution.

According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more. They are somewhat in the middle when it comes to interest rate risk. They are riskier than liquid, ultra short term, and low duration funds. However, they have a lower risk compared to medium duration and long-term funds.

Are you drowning in debt? Explore two effective strategies for repayment: the debt avalanche and debt snowball methods. The debt avalanche prioritizes high-interest debts to minimize costs, while the debt snowball method focuses on paying off the smallest debts first to enhance motivation.

The board of Sebi has sanctioned new regulations aimed at portfolio managers, paving the way for innovative investment avenues. These guidelines enable investments in mutual funds, international securities, and diverse commodity derivatives. Portfolio managers now have the flexibility to direct client funds towards mutual fund direct plans and initial public offerings.

The State Bank of India has announced that all its branches will be open on Sunday, September 27, 2026. Despite this, the All India Bank Officers Association has recommended that its members not show up for work that day. Meanwhile, the United Forum of Bank Unions is deliberating its response.

Mita Biswas has been unable to obtain her dependent family pension due to a missing death certificate. Her brother died during the COVID-19 pandemic, complicating the situation further. Bharat Pensioners Samaj has intervened multiple times to seek resolution for her claim. The pension authorities have not communicated any updates regarding the status of her application. BPS has outlined specific demands for the authorities to expedite the processing of Mita's claim.

8th Pay Commission salary calculator: The 8th Pay Commission is set to convene in Mumbai and Bengaluru to deliberate on salary structures and fitment factors. Key stakeholders will bring forward crucial topics during these meetings. The results of previous discussions in September have shaped aspirations for upcoming salary adjustments. Calculations for the current basic and gross salaries will consider multiple factors, particularly the dearness allowance, with the definitive outcomes awaiting

Motilal Oswal Mutual Fund is launching the Nifty REITs & Realty Index Fund, an open-ended scheme tracking the Nifty REITs & Realty TRI. The NFO opens September 25 and closes October 9, offering rules-based exposure to listed REITs and realty stocks.

Five midcap mutual funds delivered annualised returns of 18% or more over the past three years, with HSBC Midcap Fund topping the list at around 21.6%, according to ETWealth.

SIF assets under management surged 528% to Rs 31,175 crore by August 2026, supported by strong inflows and rising investor folios. Altiva led the segment, while three platforms held 70%.

WhiteOak Capital Mutual Fund is launching its first fund of funds, focused on actively managed small-cap mutual fund schemes. The NFO opens September 28 and closes October 12, offering diversified small-cap exposure through multiple managers for investors with long-term horizons.

From October 1, 2026, all domestic LPG consumers will need to undergo Biometric Aadhaar Authentication to access subsidies. This process is designed to ensure that subsidies are provided solely to qualifying households. Authentication can be done through delivery personnel, distributor outlets, or mobile apps provided by oil marketing firms.

As of September 17, 2026, the EPF wage ceiling is set to increase from Rs 15,000 to Rs 25,000. This adjustment does not affect employees whose earnings exceed Rs 25,000. Those earning between Rs 15,000 and Rs 25,000 will experience negligible changes to their contributions. Notably, EPS contributions will rise for employees hired prior to September 2014. Employers are responsible for managing increased contributions while keeping their salary structures intact.

Attesting brothers sale deed has major legal consequences in proving oral partition of ancestral land; How children lost 3.5 acre land dispute case in Madras HC because of this. Read this article to know more.

Mutual fund SIP AUM rose 23% YoY to Rs 18.62 lakh crore in August 2026, while SIP flows as a share of gross equity flows hit a two-year high of 43%. Aggregate SIP flows for the 12 months ended August grew 17% YoY to Rs 3.7 lakh crore, the Franklin Templeton report said.

The IRDAI has proposed transformative reforms to enhance insurance distribution in India, focusing on affordability and transparency. Key changes include limits on insurer expenses, greater disclosure of commissions, and measures to reduce mis-selling. While these reforms aim to empower consumers, concerns about the impact on market competition and the viability of low-premium policies remain.

Gold prices dropped across major jewellery brands in India. Tanishq's price for 22k gold jewellery fell to Rs 14,040 per gram in various cities. Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas offered 22k gold at Rs 13,995 per gram in their showrooms. The India Bullion and Jewellers Association reported a decline in gold and silver rates as well.