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The Economic Times

Personal Finance / The Economic Times

PFRDA proposes 10 key changes to PoP rules: What NPS subscribers need to know

The PFRDA has unveiled ten significant proposals aimed at reforming its Points of Presence rules to enhance the pension service landscape. These updates intend to streamline the onboarding process for subscribers while introducing fresh eligibility standards to include a wider range of entities as Points of Presence. Additionally, an annual fee structure will be implemented, and pension agents will receive a new designation.

3 Sep 2026 6:02 pm
Sebi proposes net fund settlement for mutual fund cash-market trades

Sebi has proposed allowing mutual fund schemes to settle cash-market fund obligations on a net basis for eligible outright transactions. The move could ease temporary liquidity pressures and reduce funding needs, particularly during index rebalancing or large inflows and outflows. Securities will continue to be settled on a gross delivery basis.

3 Sep 2026 5:50 pm
Aditya Birla Sun Life Flexi Cap Fund turns Rs 10,000 monthly SIP to over Rs 7 crore in 28 years

Aditya Birla Sun Life Flexi Cap Funds Rs 10,000 monthly SIP grew to Rs 7.25 crore from Rs 33.50 lakh invested since 1998, delivering 17.92% SIP returns and a 20.77% CAGR, outperforming the Nifty 500 TRI with active, flexible portfolio management.

3 Sep 2026 5:16 pm
EPF vs NPS: Rs 10,000/monthly investment in each; where you may get a higher retirement corpus?

The National Pension System (NPS) and the Employee Provident Fund (EPF) both serve unique purposes for retirement planning. The ultimate financial growth from these investments significantly relies on future market performance, allowing both options to potentially build substantial wealth over time.

3 Sep 2026 4:17 pm
Quant Small Cap and Invesco India Mid Cap among 5 equity funds that deliver over 20% SIP returns in a decade

Five equity mutual funds delivered over 20% annualised SIP returns over the past 10 years. Quant Small Cap led with 24.7%, followed by Nippon India Small Cap at 21.6%, while three midcap funds also crossed the 20% mark.

3 Sep 2026 4:14 pm
Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite a jointly owned property - ITAT Mumbai calls it 'not justified'

A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of Rs 34.8 lakh. The amont was added to the husband's income alone by the tax office, despite him having a lower ownership in the property. ITAT Mumbai has delivered a ruling which could have significant takeaways for property owners.

3 Sep 2026 3:48 pm
Can an NRI be a nominee for PPF, NSC or SCSS? Heres what happens to the money after the account holder dies

NRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriation abroad is restricted and subject to FEMA and banking rules, typically requiring crediting to an NRO account first. Understand the nuances before naming an NRI nominee.

3 Sep 2026 3:13 pm
Wife accused husband working abroad of cruelty over sons maintenance; Kerala HC cancelled complaint on this ground

Wife accused husband of not providing basic needs and maintenance for their 16-year-old son while he was working abroad. She had initially filed a complaint with the Judicial Magistrate first class in Changanacherry. The husband won the case in Kerala High Court. Read the article to know how.

3 Sep 2026 2:56 pm
Looking for best mutual funds to invest in September? Parag Parikh Flexi Cap, Kotak Midcap among top 10 picks

Choosing the right mutual fund requires more than simply picking schemes with strong past returns. ETMutualFunds has shortlisted 10 funds across five equity categories based on mean rolling returns, consistency, downside risk, outperformance and asset size, while considering investors goals, investment horizon and risk profile.

3 Sep 2026 2:35 pm
37 equity mutual funds deliver over 100% returns in 5 years. Are any of these part of your portfolio?

In an impressive performance, approximately thirty-seven equity mutual funds have surpassed the remarkable milestone of one hundred percent returns. The Motilal Oswal Midcap Fund stands out, boasting gains of one hundred fifty-nine percent. This surge is notably driven by mid and small cap funds, reflecting a broad trend of strong double-digit returns across diverse equity fund categories during this period.

3 Sep 2026 2:30 pm
Gold rate today (September 3, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

Here are the latest 22k gold jewellery rates from from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in New Delhi, Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru. Also see the latest 24k , 22k, 20k, 18k and 14k gold prices and the 999-purity silver rate from the Indian Bullion & Jewellers Association (IBJA) today.

3 Sep 2026 2:01 pm
Easier job posting for husband and wife at the same place? Railway Board explains spouse-posting rules for employees

The Railway Board has introduced updated regulations aimed at promoting family welfare by facilitating postings for employees with spouses. This initiative allows for couples working within the railways or related government sectors to be stationed together whenever possible. However, the availability of posts and administrative feasibility remain crucial factors influencing these placements.

3 Sep 2026 1:56 pm
Supreme Court dismisses Sebis plea against NSE: Report

In a pivotal ruling, India's supreme court has dismissed the regulatory challenges raised by market authorities against the National Stock Exchange. This verdict eliminates a major hurdle for the exchange's initial public offering, addressing previous controversies over co-location and dark fibre allegations. CNBC TV-18 provided coverage of this significant development on Thursday, paving the way for the IPO to proceed.

3 Sep 2026 1:50 pm
PTC India, Coal India among 10 stocks offering dividend yields of up to 10%

According to a September report by Religare Broking, these 10 companies across power, mining, finance, IT and energy offered dividend yields ranging from 3.3% to 9.7%.

3 Sep 2026 1:42 pm
Gold may shine as global rates turn softer, silver may stay volatile : Emkay Wealth Management

Gold and silver remain attractive despite recent profit booking, supported by central bank demand and expectations of softer global interest rates. While gold could see further upside, silver is likely to remain more volatile. Heres a look at the outlook for both precious metals and how gold and silver investment products have performed.

3 Sep 2026 1:39 pm
International funds outperform domestic peers as subscriptions resume. Should investors increase global allocation?

International mutual funds have outperformed domestic peers across multiple time horizons, prompting investors to reassess overseas allocations. With some fund houses resuming subscriptions after earlier restrictions, experts recommend staggered investing rather than market timing. They favour international exposure for diversification, currency hedging and access to global sectors, while cautioning against chasing recent returns and recommending disciplined, strategic asset allocation.

3 Sep 2026 12:26 pm
SBI ATM rules set to change from October 1, 2026: Free ATM transaction limit for these account holders cut from 10 to 5

Beginning October 1, 2026, State Bank of India will implement a change in its policy regarding free ATM transactions for salary account holders. These customers will be limited to five free withdrawals each month; any transactions beyond that will incur charges.

3 Sep 2026 12:22 pm
Best large cap mutual funds to invest in September 2026

According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.

3 Sep 2026 9:28 am
Thinking of guaranteeing a loan? Think again; heres how your credit score could suffer if the borrower defaults

Becoming a loan guarantor creates significant financial and credit obligations for individuals. The guaranteed loan appears on your credit report and affects borrowing capacity. Borrower defaults can negatively impact your credit score and future loan access. Lenders can pursue guarantors directly for the full loan amount. Carefully review all loan and guarantee documents before agreeing to become a guarantor.

3 Sep 2026 9:26 am
8th Pay Commission salary calculator: Can Level 8 employees get Rs 29 lakh extra pay in 10 years at 7% annual increment rate?

8th Pay Commission fitment factor: Employee groups are advocating for the 8th Pay Commission to reconsider the current three percent annual increment rate, asserting it falls short given the skyrocketing living costs. They argue that adjusting the increment to a more robust seven percent can lead to nearly doubling the basic salaries over the next decade. The conclusive salary hike recommendations will be unveiled following the report's official announcement.

3 Sep 2026 8:00 am
Multi-asset funds score big as gold, REITs and InvITs boost returns

Multi-asset funds have outperformed the Nifty over recent one and three-year periods. Strong returns from precious metals and REITs aided this category's performance. These funds offer flexibility to shift allocations based on market conditions. Retail investor interest has surged, making them a fast-growing mutual fund category. Fund managers' track record in rebalancing assets is crucial for investors.

3 Sep 2026 5:56 am
Insurers plan floor for fire cover to avoid large burns

Non-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep discounts exposing the industry and reinsurers to losses. The Insurance Regulatory and Development Authority of India chairman also expressed worries about insurer financial health. Aggressive pricing and recent fire losses in Gujarat have fueled these discussions. Insurers aim to restrict discounts to the flexible fire rate component.

3 Sep 2026 1:30 am
Nippon Life India among top 5 AMCs with highest SIP AUM share in June quarter. Check details

Indias mutual fund industry saw SIP AUM reach 35.8% of equity AUM in June 2026, with leading asset managers reporting significantly higher SIP allocations, highlighting strong investor participation through systematic investment plans.

2 Sep 2026 3:19 pm
Unlimited airport lounge access for 1 year: Paisabazaar launches limited-period PB Pass offer

All consumers who take a new credit card through the Paisabazaar platform during the offer period (until the end of September) would be eligible for a PB Pass. The complimentary pass gets unlocked when these customers make their first payment of the credit card through the Paisabazaar app.

2 Sep 2026 3:14 pm
Husband refused to pay Rs 9,000 maintenance, saying wife abandoned home and ignored parents; Karnataka HC rejects his plea for this reason

Wife didnt care for his parents and left his Bangalore home without informing, husband said; Karnataka HC rejects his plea to stop paying maintenance on this ground. Read to know what happened in this case.

2 Sep 2026 3:04 pm
Quant Mutual Fund turns cautious on manufacturing, bets on neglected IT Services

Quant Mutual Fund is pivoting away from manufacturing due to rising cost pressures and supply chain issues. Instead, it's channeling investments into IT services, viewing this sector as overlooked and ripe for growth. The fund focuses on identifying undervalued and under-owned stocks across diverse sectors for maximum returns. Quant foresees consolidation trends within large-cap markets, which could lead to selective opportunities.

2 Sep 2026 3:04 pm
India urged to review green finance rules, build workforce for nuclear expansion

India aims for 100 gigawatts of nuclear power by 2047. Financing rules and green bond frameworks need review for nuclear investments. A significant talent shortage exists within the clean energy sector. Specialized education and training programs are currently lacking across India. Government and industry are forming committees to address these crucial expansion needs.

2 Sep 2026 2:38 pm
Big CGHS relief for families: Lifelong medical cover for married dependent sons, brothers with critical illnesses

In a significant update, the CGHS and CS(MA) Rules now offer lifelong medical support to dependent sons and brothers, ensuring marriage does not affect their eligibility for CGHS benefits. Dependency criteria and medical board evaluations are essential for qualification, particularly for chronic and severe medical conditions that affect one's earning capacity. The CGHS Board will routinely reassess the medical requirements to keep provisions current.

2 Sep 2026 1:26 pm
ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidity

ICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial foreign-currency funding for loans. Loans extended against these deposits and supported by SBLCs reached over seventy percent. Indian banks collectively gathered $65.4 billion through FCNR(B) deposits by August twenty-first.

2 Sep 2026 1:17 pm
Neighbour tried to grab land using a rectification deed without owners consent: Here's why Supreme Court offered relief to owner

Neighbour tried to take land using rectification deed without informing owner; Supreme Court says rectification deed cannot change title of property which is covered by sale deed. Read below to know why Mr Thimmadasappa's son won the case in Supreme Court.

2 Sep 2026 1:17 pm
Banks slash FCNR (B) interest rates: HDFC Bank, ICICI Bank, SBI, PNB, Axis Bank revise rates on 3-5-year deposits

FCNR (B) deposit interest rate cuts have particularly been made in deposits of three to five years, which had higher interest rates after the Reserve Bank of India (RBI) announced a relief on hedging costs.

2 Sep 2026 12:53 pm