How EPFO wage ceiling reset will change PF contribution matheconomictimes.indiatimes.com
The Employees Provident Fund Organisation raised the mandatory wage ceiling from Rs 15,000 to Rs 25,000 per month effective 17 September 2026. The revision automatically expands India's social security net by enrolling an estimated one crore additional workers into mandatory provident fund and pension schemes. Under the updated framework, an employee earning Rs 25,000 monthly faces a mandatory PF contribution of Rs 3,917 split between employee and employer shares. The statutory shift follows recent minimum wage hikes across seven states and union territories including Maharashtra, Karnataka, and Delhi.
ETMarkets Smart Talk | 2-3 crore wealth creators could enter PMS: Sandeep Jethwani on PRIM and India’s wealth boomeconomictimes.indiatimes.com
SEBI's new PRIM framework lowers the minimum entry limit for portfolio management services to Rs 25 lakh, opening professional wealth management to millions of Indian investors. Dezerv co-founder Sandeep Jethwani noted that the regulation creates a dedicated licence for managing direct mutual funds, ETFs, and index funds. The structure limits management fees to 1% and removes exit loads while restricting group AMC allocations. This shift aims to bring disciplined, customized portfolio construction to a broader segment of the country's rising wealth creators.
Sebi settlement overhaul may improve recovery in fund-diversion casesbusiness-standard.com
The Securities and Exchange Board of India approved an overhaul of its settlement regulations during its board meeting in September 2026 to accelerate fund recovery. The updated framework introduces a structured formula for settlement calculations, separates wrongful gains, and enables fast-track resolutions for specific corporate misrepresentation cases. Under the new rules, Sebi will issue a settlement notice prior to a show-cause notice, granting entities a 60-day window to apply. Chairman Tuhin Kanta Pandey emphasized that siphoned money must be returned to shareholders with interest alongside remedial terms.
Niti Aayog to review export SOPs amid evolving global trade ordereconomictimes.indiatimes.com
Government think-tank Niti Aayog will evaluate India's key export support schemes, RoSCTL and RoDTEP, to measure their effectiveness amid shifting global trade dynamics. Operating since 2019 and 2021 respectively, the remission-based mechanisms refund embedded taxes and levies to sustain export competitiveness. The upcoming review will assess the economic impact of the schemes on domestic pricing, employment, production costs, and industry productivity. Findings from the study will determine whether the government will tweak the current frameworks or introduce new support models.
Debt-hungry AI companies face increased risk as bond yields spikecnbc.com
U.S. Treasury yields climbed to their highest level since 2007, with the 10-year yield hovering near 5.17% amid a broader macro tightening cycle. JPMorgan Chase estimated in June that AI infrastructure projects will require $4.1 trillion in debt issuance through 2030 to fund expanding data center capacity. While investment-grade tech giants absorb higher borrowing expenses easily, debt-dependent neocloud providers and data center startups face mounting financial strain. Market participants note that lenders are tightening credit standards for high-leverage artificial intelligence ventures as capital costs surge.
Value of old supertankers soars past new builds as market goes ‘bananas’ft.com
As freight rates soar, vessel prices are being determined by how quickly a ship can be delivered to buyers