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Indian Mutual Fund Industry Sees 19% Asset Growth from Beyond Top 30 Cities in September 2025

Mutual fund assets from beyond India’s top 30 cities reached 19% in September 2025, a significant rise. These B30 locations show a strong preference for equity schemes. Individual investor assets from these areas also saw an increase, highlighting growing participation…

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Indian Infrastructure Investment Trusts Set to Raise Over 26 Billion Rupees Through Bond Issues

Two Indian infrastructure investment trusts are set to raise over 26 billion rupees through new bond sales. Oriental Infratrust and IRB InvIT Fund will tap the debt market between October and November. These issuances are highly rated by agencies. InvITs…

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GST rate cuts boost festive sales, reflect positive market sentiment: FM Sitharaman

India’s festive retail sales have surged to an all-time high of Rs 6.05 lakh crore this Diwali, a significant 25% increase from last year. Finance Minister Nirmala Sitharaman attributed this boom to economic policies, including GST rate rationalisation, which has…

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The strategic case of boosting India’s domestic aluminium capacity

India’s aluminium sector faces a critical juncture as inexpensive imports threaten domestic growth, despite projected demand soaring sixfold by 2047. To safeguard its expansion and meet future needs, the nation must bolster domestic capacity and implement supportive policies. This strategic…

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Google expands India-first agricultural AI APIs to APAC countries

US tech giant Google on Friday announced that it is expanding its Agricultural Landscape Understanding (ALU) API and Agricultural Monitoring and Event Detection (AMED) API, initially launched in India, to “trusted testers” in Malaysia, Vietnam, Indonesia, and Japan.

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Environmentally sustainable mobility a rapidly emerging reality: IESA report

India’s automotive sector is rapidly embracing environmentally sustainable mobility, with a growing consensus among manufacturers, government, and consumers. The nation is pursuing a unique multi-fuel approach, including electric, CNG, hybrid, flex-fuel, and hydrogen vehicles.

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News

  • UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules

    The Reserve Bank’s framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.

  • EPFO news: Opportunity to settle EPF damage cases at reduced rates with VISHWAS 2026 - check eligibility

    VISHWAS 2026 is a one-time settlement scheme that lets employers resolve disputes over damages levied for delayed Provident Fund contributions. Several High Courts have directed or encouraged employers to use the scheme to close pending litigation.

  • Income Tax Form 141 covers property sales, rent, contractor payments and more: Details here

    Form 141 is intended to streamline TDS reporting and payment for transactions involving immovable property, rent, payments to contractors or professionals, and transfers of virtual digital assets (VDAs).

  • Husband earning ₹85,000 a month to pay ₹36.25 lakh after divorce: Patna High Court cites ‘reciprocal cruelty’

    A division bench of Justices Rana Vikram Singh and Bibek Chaudhuri passed the order on October 9. Along with upholding the divorce, the court directed the husband to pay his estranged wife ₹36.25 lakh as permanent alimony.

  • How return comparisons can mislead investors: Focused mutual funds hold just 30 stocks but benchmark against Nifty 500

    Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.

  • Dhanteras shopping: A complete guide to buying gold, diamond jewellery safely

    A BIS hallmark provides information about the purity of the gold in a jewellery article. It does not, by itself, certify the quality, authenticity or origin of every diamond or gemstone set in the piece.

  • New Form 141 replaces 4 TDS forms for property buyers, rent payments and VDAs: What changed under Income Tax Act 2025

    The Income-tax Act, 2025, effective April 1, 2026, introduces Form 141 to consolidate four TDS forms. Applicable from Tax Year 2026–27, it covers specified property purchases, rent, contractor and professional payments, and virtual digital asset transfers. Here are the thresholds and filing rules.

  • Senior Citizen FD rates Oct 2026: Earn up to 8.5% interest | Public, private banks and SFB fixed deposit rates compared

    Senior citizens can earn up to 8.5% interest on fixed deposits in October 2026. Small finance banks offer the highest rates, followed by private and public sector banks. Here is a comparison of top FD rates across banks for 1-year, 3-year, and 5-year tenures.

  • Insurance regulation: Reform must strengthen the market, not weaken its foundations

    Proposed changes to insurance commissions could reshape distribution, jobs and access to protection. Reform must be backed by evidence of lower costs and better consumer outcomes.

  • Paid ₹1.15 lakh to move goods to Nagaland, got damaged TV and 23 missing items; what did consumer commission order?

    After her belongings were delayed, damaged and partly lost during a Delhi-to-Nagaland move, Longchar sought compensation. The consumer commission held the movers deficient in service and rejected Urban Company’s claim that it was merely an intermediary.

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