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Mutual fund inheritance rules: Can your children lose out despite being nominees? Here's what parents should know

New Delhi, Oct. 29 -- Naming your children as nominees for mutual fund investments does not necessarily guarantee that they will inherit the money. Under Indian succession law, a nominee generally rec... Read More


Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know

New Delhi, Oct. 28 -- SEBI chairman Tuhin Kanta Pandey has announced that direct mutual fund plans will become the default option on asset management companies' (AMCs) digital platforms from 1 Novembe... Read More


India's public debt ratio to fall to 75.1% of GDP by FY32, only major emerging economy set for a decline: RBI DG

New Delhi, Oct. 28 -- India is the only emerging market economy among nine countries with a gross domestic product (GDP) of more than $1 trillion that is projected to reduce its public debt-to-GDP rat... Read More


Deposited wedding gift money in your bank account? ITAT ruling explains when cash deposits can face income tax

New Delhi, Oct. 28 -- The Income Tax Appellate Tribunal (ITAT), Pune, has accepted Rs.2.75 lakh of a bank employee's Rs.3 lakh cash deposits as explained by wedding gifts and accumulated savings, whil... Read More


EMI late payment charges: Can missing your loan EMI by just one day hurt your credit score? Know what the rules say

New Delhi, Oct. 28 -- Missing a loan EMI by even one day can make a borrower's account overdue and potentially attract late-payment charges. It may also create a risk of adverse credit reporting, alth... Read More


Cabinet approves PM Viksit Gram Swaraj Yojana for 2026-31 with Rs.7,395 crore outlay to strengthen Panchayat governance

New Delhi, Oct. 28 -- The Union Cabinet has approved the Pradhan Mantri Viksit Gram Swaraj Yojana (PM VGSY), a Centrally Sponsored Scheme aimed at strengthening village-level governance, improving dev... Read More


India's industrial output growth slows to 6.7% in September as manufacturing, consumer durables lose momentum

New Delhi, Oct. 28 -- India's industrial production growth slowed to 6.7% year-on-year in September, as manufacturing and electricity output growth moderated and mining activity contracted further, ac... Read More


India gold price today, October 28, 2026: Check 24K, 22K and 18K gold rates per 10 grams before buying jewellery

New Delhi, Oct. 28 -- Gold prices in India rose on Wednesday, 28 October 2026, with the benchmark rate for 24-carat gold reaching Rs.1,42,300 per 10 grams, according to the India Bullion and Jewellers... Read More


DA hike news 2026 July: Diwali gift is here for Central Government employees - 3% Dearness Allowance approved; DR too

New Delhi, Oct. 28 -- The Union Cabinet has approved a 3-percentage-point hike in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners, The Times of India r... Read More


Mother sells gold jewellery, gifts Rs.16 lakh to son, Income Tax Department questions deposits but ITAT grants relief

New Delhi, Oct. 27 -- A Jaipur man who received Rs.16 lakh from his mother after she sold her gold jewellery has won relief from the Income Tax Appellate Tribunal (ITAT), which deleted a Rs.13.04 lakh... Read More