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The Economic Times

Personal Finance / The Economic Times

Trent shares surge nearly 13% on robust Q2 updates

Trent, the prominent Tata Group retailer, experienced a notable spike in share prices as it unveiled impressive second-quarter results. The company reported a significant 23% year-on-year revenue growth, amounting to 5,788 crore. This development led brokerages to enhance their forecasts and issue favorable ratings. Additionally, Trent celebrated the launch of its 1,000th Zudio store, reflecting productivity gains.

7 Oct 2026 6:43 am
Franklin India Small Cap Fund turns Rs 10,000 SIP to nearly Rs 2 crore in 20 years, crosses Rs 14,000 crore AUM

Franklin India Small Cap Fund crossed Rs 14,000 crore in AUM, while a Rs 10,000 monthly SIP grew to nearly Rs 1.94 crore over 20 years. The fund has outperformed its benchmark over 15 years, highlighting long-term compounding and disciplined investing.

6 Oct 2026 5:23 pm
Planning your mutual fund investments in October? Here are 10 top picks to consider

Investors need to consider their financial goals, investment horizon and risk appetite before selecting a fund.

6 Oct 2026 4:39 pm
New Aadhaar name correction rules: How to change your name in Aadhaar; what is not allowed; and documents required

UIDAI has updated Standard Operating Procedure for changing names in Aadhaar cards, detailing the necessary documentation and scenarios for different types of name alterations.

6 Oct 2026 4:29 pm
Son fights for full share in fathers property after stepmother transfers it to daughter, who sells it; SC rejects his claim

Son claims to fully inherit fathers property under Mitakshara Hindu law, however, stepmother gave it to step-sisters who sold it; Supreme court upholds step-mother's right and so step-son lost case. Know why son lost the case.

6 Oct 2026 4:26 pm
How to choose a trading app in India: Features, costs and trading tools

When selecting a trading app, it's crucial to examine the features that best suit your trading style. Consider aspects such as brokerage fees, available order types, and trading tools. Additionally, ensure the app provides up-to-date market information and favorable margin trading rates. Assessing customer support and the app's security measures is vital. Ultimately, the chosen app should effectively support both present and future trading ambitions.

6 Oct 2026 4:09 pm
Current gold prices provide a better entry point as central bank demand supports the outlook, says Tata Mutual Fund

Gold prices have corrected sharply from their January peak, but Tata Mutual Fund believes the long-term outlook remains supported by central bank buying, fiscal risks and geopolitical uncertainty. The fund house also remains constructive on silver amid persistent supply deficits.

6 Oct 2026 3:32 pm
Gold rate today (October 6, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

Gold rate today: On October 6, 2026, gold and silver prices saw a minor decline across major jewelry outlets in India. The India Bullion and Jewellers Association reported a reduction in 22k gold rates in several cities. Tanishq noted a decrease in prices for their 22k gold jewelry compared to the day before.

6 Oct 2026 1:37 pm
Multicap funds beat flexicaps on returns, but investors still favour flexicaps. Should you switch?

Multi-cap mutual funds have outperformed flexi-cap funds across short- and long-term horizons, but investors continue to favour flexi-cap schemes. Experts attribute the performance gap to multi-caps mandatory exposure to mid- and small-cap stocks, while flexi-caps offer greater flexibility and a relatively smoother risk profile. Should investors switch categories, or stick with their existing allocation?

6 Oct 2026 1:00 pm
I will need Rs 30 lakh for my childs studies in 3 years. Should I move my Rs 1.2 crore portfolio to safe assets?

ET Wealth Reader's Query: I am 42 and have been investing through SIPs for over a decade. My mutual fund portfolio has grown to Rs 1.2 crore, with 90% invested in equity funds. I will need Rs 30 lakh in three years to fund my childs higher education. When should I start moving this money to safer investments, and what is the best way to do it?

6 Oct 2026 12:43 pm
Jeevan Pramaan 2026: Can all senior citizens submit Digital Life Certificate (DLC) from October 1, 2026? Check eligibility

Digital Life Certificate: Senior pensioners aged 80 and above can submit their Digital Life Certificate from October 1, 2026. Various submission methods are available, including biometric and face authentication, and doorstep banking.

6 Oct 2026 12:41 pm
FAST-DS 2026: Have undisclosed overseas crypto assets? Know the 1 crore and 5 crore threshold rules before you disclose

If you're managing cryptocurrency on international exchanges without disclosing them in India, the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026) could be essential for you. This piece delves into the necessary steps for declaring foreign digital assets and discusses the consequences of failing to disclose crypto investments, highlighting potential tax liabilities and legal safeguards.

6 Oct 2026 9:11 am
EPS pension eligibility: Is EPS membership mandatory for you if your wages are Rs 25,000+? Check status

The government has raised the wage limit for the Employees' Provident Fund from Rs 15,000 to Rs 25,000 monthly. This adjustment mandates that employees earning under Rs 25,000 join the EPF and EPS schemes. Existing EPS members above this wage threshold will maintain their status, while new entrants wont be obliged to enroll. This reform seeks to enhance social security benefits for workers and their families.

5 Oct 2026 5:44 pm
FD interest rate hike coming? With rising inflation, many experts expect RBI to hike interest rate

Many financial analysts expect the Reserve Bank of India to increase the repo rate by 25 basis points. This forecast is driven by persistent inflation, soaring crude oil prices, and a depreciating rupee. Should the RBI implement this hike, it could lead to higher fixed deposit returns for investors. Meanwhile, public sector banks continue to offer lower rates, struggling against fierce competition from government securities and small savings schemes.

5 Oct 2026 5:09 pm
JioBlackRock Mutual Fund files draft document with Sebi for a gold ETF

JioBlackRock Mutual Fund has filed a draft document with Sebi for JioBlackRock Gold ETF, an open-ended scheme tracking domestic gold prices. The ETF will invest 95-100% in gold and related instruments, with a minimum investment of Rs 500.

5 Oct 2026 5:04 pm
Groww Value Fund among 5 value funds with highest cash holdings. Check details

The top five value and contra mutual funds held up to 16% cash in August, with DSP Value Fund recording the highest allocation. Fund managers may retain cash to meet redemptions and deploy funds when investment opportunities emerge.

5 Oct 2026 4:59 pm
SBI FD calculator: What Rs 1 lakh investment in fixed deposit can give you in 1, 3, 5 and 10 years?

SBI FD interest rate: Investors frequently look to calculate the maturity amounts for their fixed deposit investments with the State Bank of India. Factors such as tenure and current interest rates play significant roles in these calculations.

5 Oct 2026 3:50 pm
Rs 67 lakh ancestral jewellery declaration in ITR triggers income tax notice of unexplained credit: Here's why lady won at ITAT Mumbai

Wife filed Schedule AL in ITR for first time and got hit with unexplained credit income tax notice for ancestral family jewellery worth Rs 67 lakh; she claimed its ancestral and wins relief in ITAT Mumbai.

5 Oct 2026 3:26 pm
8th Pay Commission calculator: What can Level 6-8 salaries be at 2.0, 2.15, 2.28 and 2.57 fitment factors?

8th Pay Commission news: The 8th Pay Commission is set to begin discussions in Bengaluru starting October 7, focusing on employee salaries and related issues. Various government departments are tasked with gathering employee data to aid in compiling a comprehensive report. Early recommendations indicate potential fitment factors that could boost minimum salaries considerably. These suggestions will also influence pension adjustments for government employees.

5 Oct 2026 3:08 pm
This investor faces a Rs 16 lakh LTCG tax liability after selling property. Should she claim a tax exemption or invest the proceeds in mutual funds?

A 57-year-old investor faces Rs 16 lakh LTCG tax after selling land near Jewar airport. Experts suggest verifying the liability before deciding between property reinvestment or diversified equity investments.

5 Oct 2026 2:53 pm
12 equity mutual funds turned Rs 10,000 SIP into Rs 10 crore since inception. Are they in your portfolio?

A Rs 10,000 monthly SIP in 12 equity mutual funds grew to more than Rs 10 crore since their respective inceptions, an ETMutualFunds analysis found. Nippon India Growth Mid Cap Fund topped the list with Rs 27.13 crore, followed by Franklin India Mid Cap Fund at Rs 22.13 crore, highlighting long-term wealth creation.

5 Oct 2026 2:02 pm
Gold rate today (October 5, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

Gold rate today: Gold prices showed little change at major jewellery brands across multiple cities on October 5, 2026. The indicative rates from the India Bullion and Jewellers Association showed a slight decline in bullion prices.

5 Oct 2026 1:50 pm
Variable dearness allowance hike from October 1: Check revised minimum wages for workers across categories

Variable dearness allowance: The government has announced an increase in Variable Dearness Allowance affecting various sectors including agriculture and construction. This revision will take effect from October 1, 2026, and will adjust minimum wages for workers accordingly.

5 Oct 2026 12:47 pm
AMFI reshuffle: NSE may get largecap status, SBI Fund Management may become midcap in H1 CY27

Nuvama expects NSE to enter the largecap category and SBI Funds Management to become a midcap in AMFIs H1 CY27 reshuffle. Bosch, Siemens Energy India and others may be upgraded, while several largecaps could move down. The revised classification will take effect from February 1, 2027, after H2 CY26 market-cap rankings.

5 Oct 2026 11:14 am
Rs 85.3 lakh cash gifts from relatives deposited in bank trigger unexplained deposit income tax notice; taxpayer contests and wins case in ITAT Chennai

Mr Amirtharaj from Thygarayanagar, got Rs 85.03 lakh cash gifts from his sisters husband, uncle and other relatives, he deposited this cash in his bank account. After this he got an unexplained deposit tax notice. He wins case in ITAT Chennai; Know how.

5 Oct 2026 10:43 am
Top 10 mutual funds to invest in October 2026

An online search would mostly take you to some websites with ready-made lists. Most often, the schemes may be shortlisted on the basis of their short-term performance. Sometimes, the schemes from a single category may dominate the list because that category happens to be the flavour of the season.

5 Oct 2026 9:46 am
Indian ITs Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing power

As Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushing for higher efficiency, leading to a notable decline in revenue growth. Large IT companies may witness their weakest growth in three years, primarily due to acquisitions rather than organic expansion. Infosys is under a microscope for possible downward adjustments to its revenue guidance.

5 Oct 2026 9:45 am
Markets bet on RBI rate hike as inflation pressure builds

As inflation concerns rise, investors are putting their faith in the Reserve Bank of India to implement an interest rate hike. A survey reveals that nearly 60% of economists believe a 25-basis-point increase is likely at the coming policy meeting. With an eye on foreign investment, expectations are growing for a tightening cycle to kick off in October, setting the stage for how future capital flows will be managed.

5 Oct 2026 7:37 am
Wealth adviser WhatsApp hack: Know the danger signs

Recent incidents highlight the increasing threat of compromised WhatsApp accounts among financial advisers in India. These attacks exploit trust, as fraudsters impersonate advisers through hacked accounts. Financial firms have implemented strict new security measures to mitigate future attacks and protect client information. Advisers urge their clients to adopt safer communication practices when handling sensitive financial information. Staying vigilant and verifying communications can prevent p

5 Oct 2026 6:30 am
EPF wage ceiling hike: Impact on EPF, EPS, salary

While the higher ceiling does have an impact on immediate net cash take-home of the employee due to increased contribution, it will certainly support building of future corpus for retirement and higher pension by way of contribution to the provident fund and pension scheme.

5 Oct 2026 6:30 am
EPF wage ceiling hike: EPS legacy issues remain

The recent adjustment to the Employees' Provident Fund wage ceiling significantly widens eligibility for benefits, raising the contribution limit from Rs. 15,000 to Rs. 25,000. This revision aims to enhance social security, but it might pose complexities for pension contributions. Employees should verify the accuracy of their EPS records to prevent issues, as the swift rollout of the new ceiling could lead to unforeseen challenges.

5 Oct 2026 6:30 am
Travel planning: Don't overlook these hidden costs

Many travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overlooked charges can hike trip costs by 25-40%, creating budget overruns. It's vital to include local transport, dining, and extra fees in your budget to avoid unexpected financial surprises. Employing effective budgeting techniques ensures a smoother and more enjoyable experience abroad.

5 Oct 2026 6:30 am
Switching jobs? Dont treat the offer letter as a job

Cover the risks between your old payslip and the new one, says Devashish Chakravarty. Read the print on your offer before you re sign. Routine conditions are fine, such as background verification, document checks and reference calls. Speed them up. Watch out for clauses that can delay or withdraw the offer, like a joining date to be confirmed, or a role tied to a client contract, or a probation that is extendable.

5 Oct 2026 6:30 am