JioBlackRock recommends 5-10% global allocation, launches first GIFT City equity fund

JioBlackRock Asset Management has launched its first international fund from GIFT City, offering Indian investors access to global equities through the JioBlackRock Advantage World Equity Fund. The open-ended fund of funds will invest in the BlackRock Advantage World Equity Fund, which has an over eight-year track record. Sid Swaminathan, MD & CEO of JioBlackRock Asset…

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NPS retirement planning: Starting 10 years earlier could nearly triple your corpus, says DSP Pension Fund CEO

Starting retirement investments 10 years earlier could nearly triple the final corpus, even if the additional contribution over that period is just ₹12 lakh, according to Rahul Bhagat, CEO of DSP Pension Fund. For someone investing ₹10,000 a month, an investment horizon of 25 years could build a corpus of around ₹1.2 crore, assuming an…

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ICRA Analytics data for September shows 5 gold ETFs hold 80% of assets: Which schemes lead and why

India’s gold exchange-traded fund (ETF) market had assets under management (AUM) of ₹1.86 lakh crore across 26 schemes as of September 30, 2026. Yet, nearly four-fifths of these assets were concentrated in just five schemes, even as returns across gold ETFs remained broadly similar, according to ICRA Analytics. The concentration raises a question for investors:…

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Indian Railways revise variable dearness allowance for contract workers from October 1

The Railway Board has notified a revision in the Variable Dearness Allowance (VDA) for contract workers engaged in various categories of employment, effective October 1, 2026. In an order dated October 28, the Railway Board issued instructions to all zonal railways, production units and other railway establishments to implement the revised rates in line with…

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ESIC extends amnesty scheme till December 31: Check eligibility, benefits

The Employees’ State Insurance Corporation (ESIC) has extended its New Amnesty Scheme 2025 till December 31, 2026, giving eligible employers and insured persons additional time to resolve pending legal disputes under the erstwhile Employees’ State Insurance (ESI) Act. The scheme, which was initially applicable from October 1, 2025, to September 30, 2026, has been extended…

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Policybazaar data shows HNI term insurance bookings double since April 2023: What explains the rise

High-net-worth individuals (HNIs) are opting for higher life insurance coverage, with term insurance bookings in the segment doubling since April 2023 and the average sum assured rising 30%, according to data shared by Policybazaar. The insurance marketplace said younger affluent buyers are emerging as a key growth segment, with customers below the age of 35…

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Zerodha’s Nithin Kamath says higher STT may have pushed traders towards riskier bets

Zerodha co-founder Nithin Kamath has said that higher securities transaction tax (STT) and other measures to curb futures and options (F&O) speculation may have pushed traders towards riskier trading behaviour. In a post on X, Kamath shared Zerodha’s approximate estimates of the proportion of individual traders who are profitable across different strategies. He put the…

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