The Economic Times

ICICI Bank and Indian Bank have raised fixed deposit interest rates for select tenures effective October 23, 2026. Indian Bank also adjusted its rates, increasing FD rates on their special 555-day and 777-day FDs.

The Delhi State Legal Services Authority is set to conduct a National Lok Adalat from 10 am to 4 pm at multiple court locations throughout New Delhi. This initiative will tackle civil and criminal compoundable cases, allowing litigants to refer their matters by visiting designated court complexes.

EPS-95: Private sector employees wins case for higher pension as Bombay HC rules higher pension can be given even if PF trust rules capped the contributions at statutory wage ceiling limit

From diversifying beyond equities and exploring real estate investments to planning early retirement, navigating legal complexities and understanding the wealth potential of artificial intelligence, Day 2 of ET Wealth Expo 2026 will examine how investors can multiply wealth, achieve financial freedom and make informed financial decisions.

The Reserve Bank of India has finalized the redemption price for future Sovereign Gold Bonds, allowing investors to redeem them early after a five-year period. This price is based on recent average gold closing prices.

Among the seven recommended flexi cap mutual funds, Parag Parikh Flexi Cap Fund and SBI Flexi Cap Fund stand out for their commendable track records. Evaluated on parameters like returns, consistency, and asset size, these funds have consistently outperformed over the past five years. Investors with a medium risk appetite looking to invest for a period of five to seven years should consider flexi cap funds for potential wealth accumulation.

The Parag Parikh ELSS Tax Saver Fund has struggled to meet its benchmark over the past one, two, and three years. Yet, it retains a five-star rating from research platforms like PrimeInvestor. Investors are advised to consider the fund's long-term performance and portfolio strategy, alongside monitoring its investment protocols and risk controls. The three-year lock-in period for ELSS investments also plays a crucial role in decision-making.

Gold Silver Price October 23, 2026: Gold prices continued to decline on October 23, 2026, with notable reductions at major jewellers. Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers lowered their 22k gold rates significantly.

For investors who prefer a cautious approach, financial experts often endorse conservative hybrid mutual funds as a solid way to diversify portfolios. These funds typically allocate the bulk of their investments to debt instruments while holding a smaller share in equities. While such funds lower exposure to stock market volatility, investors must remain vigilant and understand the inherent risks involved, especially when selecting from recommended top-performing funds.

Bank of Baroda has initiated a festive campaign providing various retail and MSME loan options for customers. The campaign includes home loan interest rates starting from 7.40% with waived processing fees for eligible borrowers.

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share.

After retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling Rs 9.53 lakh. Determined to secure his rightful benefits, he appealed to the ITAT Jaipur, which sided with him and extended full tax exemption. The tribunal admired prior cases that upheld similar claims from fellow retirees, proving advantageous for Chhaju.

Have you ever faced a situation where a UPI payment was debited from your account but not received by the recipient? Discover the steps to handle failed UPI transactions, understand the reversal process, and learn how long refunds typically take. Stay vigilant against potential fraud while navigating the complexities of digital payments.

Husband gets divorce under reciprocal cruelty grounds available under Hindu Marriage law but with Rs 36.25 lakh permanent alimony; Patna HC order explained in this article.

Dearness relief hike: The Bharat Pensioners' Samaj has formally addressed a letter to the cabinet secretary concerning the urgent need for a dearness relief hike for pensioners. They stress the importance of timely disclosures to support pensioners reliant on such adjustments. With expectations for a DR increase of 3% to 4%, many hope for this announcement before Dussehra, as any delay has caused disappointment among those looking to better manage their festive expenses.

Gold rate today: Gold prices for 22k jewellery decreased in various cities like Delhi, Mumbai, Chennai, and Kolkata. The India Bullion and Jewellers Association announced lower indicative rates for gold and silver.

Balanced advantage funds have attracted interest from new investors due to their dynamic management of equity and debt exposure. These funds adjust investments based on market conditions and valuations to mitigate risks. Despite their flexible nature, these funds are not entirely safe and can experience volatility. Investors are advised to have a long-term horizon of at least five years.

Short-, mid- and long-term money goals made simple. Build an emergency fund, clear debt, start a SIP and plan retirement, with examples in rupees.

Choice Mutual Fund has launched the Choice Large & Mid Cap Fund, now open for subscriptions until November 3. This innovative fund is designed to invest at least 35% in both large and mid-cap companies. Using the GVOTE framework, selections are made based on five critical parameters such as growth prospects and management excellence.

Rs 4.29 crore MCX commodity trading turnover, no books of accounts, Rs 3.42 lakh income declared in ITR, Income Tax Dept imposed Rs 25,000 penalty; he wins tax penalty case in ITAT Jaipur.