- Want exposure to India's biggest banks? Zerodha launches new ETF
Zerodha Fund House has launched the BSE Top 10 Banks ETF, tracking India’s largest listed banks. The NFO ...More
Zerodha Fund House has launched the BSE Top 10 Banks ETF, tracking India’s largest listed banks. The NFO runs from October 12 to October 26, 2026, with a minimum investment of Rs 1,000, offering focused banking exposure. ...Less

- Jio IPO: Nithin Kamath explains how Jio played an important role in making what Zerodha is today
Zerodha CEO Nithin Kamath has credited Reliance Jio and Airtel with helping build India’s digital ecosyst ...More
Zerodha CEO Nithin Kamath has credited Reliance Jio and Airtel with helping build India’s digital ecosystem and expand capital markets. Reflecting on Jio’s decade-long journey, Kamath said affordable data, along with Aadhaar and UPI, enabled online-first businesses like Zerodha to grow and helped drive a surge in retail investing. ...Less

- 'Can't tell you whether to apply for Jio IPO': Nitin Kamath on Jio's rise, Zerodha's growth & what changed India's stock market
Nithin Kamath (Google Trends): Zerodha co-founder Nitin Kamath has credited Reliance Jio and Bharti Airte ...More
Nithin Kamath (Google Trends): Zerodha co-founder Nitin Kamath has credited Reliance Jio and Bharti Airtel for helping transform India’s digital economy and expand participation in the stock market. As Jio Platforms’ $3.2 billion IPO draws investor interest, Kamath said affordable mobile data, Aadhaar and UPI helped create the digital infrastructure that enabled businesses such as Zerodha to grow. ...Less

- Zerodha co-founders Nithin and Nikhil Kamath’s mother, Revathi, goes viral for her ragi mudde. This yummy dish is made of a millet Indians have been eating for 4,000 years, has more calcium than milk
Revathi Kamath, mum to entrepreneurs Nithin and Nikhil Kamath, was recently thanked by a Facebook user fr ...More
Revathi Kamath, mum to entrepreneurs Nithin and Nikhil Kamath, was recently thanked by a Facebook user from Bengaluru for treating her to a delicious meal consisting of ragi mudde. According to Sadhguru, ragi is a nutritional powerhouse that can lower blood sugar and also improve digestive system. ...Less

- Nikhil Kamath says AI valuations show signs of a bubble: Report
Kamath said many AI companies in the United States lack a truly defensible moat, raising questions about ...More
Kamath said many AI companies in the United States lack a truly defensible moat, raising questions about how durable their advantages will prove. He suggested that value creation in AI will increasingly shift toward companies that own local data and context, rather than being concentrated only among the developers of large AI models. ...Less

- 28-day-old baby investor becomes Nithin Kamath's Zerodha's youngest customer, minor account opened within a month since birth
Zerodha founder Nithin Kamath has revealed that the platform's youngest customer is now a 28 day old baby ...More
Zerodha founder Nithin Kamath has revealed that the platform's youngest customer is now a 28 day old baby, whose parents opened a minor account and made the first investment within a week. This comes a year after Kamath shared that the youngest account holder then was 64 days old ...Less

- Dividend alert! Last day to buy HDB Financial, Tech Mahindra, LTM among 10 stocks for dividend rewards
Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day ...More
Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (October 23), making them eligible for the dividend. ...Less

- WhatsApp stock tips: Nithin Kamath warns of more pump-and-dump schemes as ED freezes accounts worth Rs 200 crore
In a post on X, formerly Twitter, Kamath said such schemes remain a concern even in 2026, calling them on ...More
In a post on X, formerly Twitter, Kamath said such schemes remain a concern even in 2026, calling them one of the silliest ways for investors to lose money. He also warned that these cases could become more frequent as the market cycle advances, pointing to a rise in alleged pump-and-dump schemes operating through WhatsApp groups and influencers promoting stocks and initial public offerings (IPOs). ...Less

- She rejected IIM for baking: How Megha Sarayan built a Rs 2 crore per year business with just Rs 5,000 and secured Rs 1 crore on Shark Tank India
Though obtaining an MBA from an Indian Institute of Management is a goal for many, Megha Sarayan opted fo ...More
Though obtaining an MBA from an Indian Institute of Management is a goal for many, Megha Sarayan opted for an alternate route. The University of Calcutta economics alumnus turned down an offer from IIM Kozhikode after successfully passing the entrance exam and intensive interviews. Instead, she concentrated on expanding her baking business, which now allegedly earns more than Rs 2 crore each year. ...Less

- Groww says it accounted for 44% of new SIP registrations in September quarter
Direct mutual fund assets held through Groww rose 45.9% year-on-year (YoY) to Rs 2.06 lakh crore as of en ...More
Direct mutual fund assets held through Groww rose 45.9% year-on-year (YoY) to Rs 2.06 lakh crore as of end September, and 7.8% from about Rs 1.9 lakh crore in June, a Groww spokesperson said. The company is building its mutual fund business alongside a broader push into wealth management. ...Less

- Groww attracts bulk of new broking clients as market sees muted growth
The addition took Groww’s active client base to 1.34 crore and its market share to 29.16%, up from 29.04% ...More
The addition took Groww’s active client base to 1.34 crore and its market share to 29.16%, up from 29.04% in August. Groww alone accounted for more than 60% of the industry’s net addition of 1.6 lakh active clients during the month. The total active client base stood at 4.61 crore at the end of September. ...Less

- Mutual funds bar fresh investments in Gold ETF FoFs. What are the rules for existing SIP investors?
Seventeen mutual fund houses have temporarily restricted fresh investments in specified gold exchange-tra ...More
Seventeen mutual fund houses have temporarily restricted fresh investments in specified gold exchange-traded fund-of-funds (FoFs), including lumpsum contributions, new SIPs and switch-ins. Existing SIPs and redemptions generally remain permitted, subject to scheme-specific conditions. ...Less

- HDFC, Kotak, ICICI Prudential among 17 mutual fund houses to temporarily restrict subscriptions in gold ETF FoFs
Around 17 mutual fund houses have temporarily halted fresh subscriptions to gold ETF Fund of Funds from O ...More
Around 17 mutual fund houses have temporarily halted fresh subscriptions to gold ETF Fund of Funds from October 15–16, citing SEBI-related instructions or unspecified reasons. Redemptions and existing systematic investments continue, amid rising gold ETF inflows and seasonal festive demand ahead of Dussehra and Diwali. ...Less

- Fintech firms counting on bank fees to unlock reliable records
From November 1, lenders will pay basic sharing fees split among banks, licensed account aggregators and ...More
From November 1, lenders will pay basic sharing fees split among banks, licensed account aggregators and Sahamati, the self-regulatory organisation and industry alliance for the network recognised by the Reserve Bank of India. Banks’ payments become linked to service performance from December 1. ...Less

- Silver ETFs fall up to 5% as high oil prices weigh on sentiment. What should investors do?
Silver ETFs fell sharply on Thursday as elevated crude oil prices and uncertainty over US inflation data ...More
Silver ETFs fell sharply on Thursday as elevated crude oil prices and uncertainty over US inflation data weighed on sentiment. Experts expect continued volatility amid interest rate concerns, dollar movements and geopolitical tensions. They advise long-term investors to consider accumulating gold and silver gradually while cautioning traders against short selling. ...Less

- Gold, silver ETFs see sharp rise in inflows in September. Which metal should investors prefer now?
In September, investor enthusiasm for gold and silver ETFs saw a notable increase, driven by ongoing mark ...More
In September, investor enthusiasm for gold and silver ETFs saw a notable increase, driven by ongoing market uncertainties and global tensions. Although there has been recent price adjustment, the inflow of investments remained robust, hinting at a deliberate choice by many. Financial experts advise caution, stressing that short-term trends should not dictate long-term strategies. ...Less

- Half of India’s MTF book is in smallcaps; Nithin Kamath flags liquidity risks
Zerodha founder Nithin Kamath warned that small and microcap stocks account for a substantial share of In ...More
Zerodha founder Nithin Kamath warned that small and microcap stocks account for a substantial share of India’s margin trading facility book. He highlighted liquidity risks during market downturns, when smaller stocks may face sharper selling pressure. ...Less

- Viceroy Hotels shares rise 2% as Zerodha founders Nithin, Nikhil Kamath pick 6.72% stake
Viceroy Hotels shares witnessed an uptick on Tuesday after Zerodha founders Nithin and Nikhil Kamath acqu ...More
Viceroy Hotels shares witnessed an uptick on Tuesday after Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in the company during the September quarter. The hotel operator, which emerged from insolvency in 2024, is expanding its portfolio in Hyderabad and has plans to acquire SLN Terminus Hotels and Resorts. ...Less

- Zerodha founders Nithin, Nikhil Kamath pick up 6.72% stake in Viceroy Hotels
Zerodha founders Nithin and Nikhil Kamath have acquired a 6.72% stake in Viceroy Hotels through Kamath As ...More
Zerodha founders Nithin and Nikhil Kamath have acquired a 6.72% stake in Viceroy Hotels through Kamath Associates and Nksquared. The investment comes as the hotel company recovers after insolvency resolution, expands its portfolio and seeks capital through a Rs 105-crore rights issue. ...Less

- Nithin Kamath reveals Zerodha's leadership secret: Why the broker rarely hires outsiders for top jobs
Zerodha founder Nithin Kamath says nearly all of the brokerage’s leaders have risen internally, with many ...More
Zerodha founder Nithin Kamath says nearly all of the brokerage’s leaders have risen internally, with many joining early in their careers. He also discussed Zerodha’s long-term approach to social impact, questioning whether mandatory CSR spending delivers meaningful outcomes. ...Less

- The ET Startup Awards 2026 special
Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top f ...More
Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations. ...Less

- Quanfluence raises $10 million to build full-stack photonic quantum computer
The company plans to use the fresh capital to develop and launch a four-qubit quantum computer in the nea ...More
The company plans to use the fresh capital to develop and launch a four-qubit quantum computer in the near term, while targeting a larger prototype with around 100 qubits by 2029, cofounder and CEO Sujoy Chakravarty told ET. ...Less

- ‘Only bullish corner’: Nithin Kamath flags ‘full-on party’ in IPOs amid broader market weakness
Indian equities remain under pressure, but recent mainboard IPOs are bucking the trend. Data cited by Zer ...More
Indian equities remain under pressure, but recent mainboard IPOs are bucking the trend. Data cited by Zerodha CEO Nithin Kamath shows 67.2% of 125 IPOs listed between October 2025 and September 2026 traded above issue prices, with median returns of 24.7%. ...Less

- ET Startup Awards 2026: Groww expects new businesses to reshape revenue mix as they scale: Lalit Keshre
The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 fo ...More
The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 for scaling rapidly while maintaining profitability. Groww went public in November 2025 and has a market capitalisation of about $13 billion. ...Less

- From 'lower middle class' Tamil family, he missed IIT Madras CSE by just 0.01, was rejected by MIT. Today, he is the CEO of a $20 billion AI startup
Perplexity cofounder and CEO Aravind Srinivas turned academic setbacks into a remarkable AI career. After ...More
Perplexity cofounder and CEO Aravind Srinivas turned academic setbacks into a remarkable AI career. After missing IIT Madras Computer Science by 0.01 CGPA, he taught himself coding and machine learning, eventually topping a Computer Science class. MIT rejected his PhD application, but UC Berkeley admitted him. After working with OpenAI and Google DeepMind, Srinivas cofounded Perplexity in 2022. The startup reached a $20 billion valuation in 2025, while Forbes estimates his net worth at $2.1 billion. ...Less

- Nikhil Kamath has a '100' funding message for startups: Zerodha co-founder backs post urging startups to raise enough money to stay comfortable for “a year or two” as “next year could be bad”
Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startup ...More
Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startups should raise capital soon due to uncertain conditions. A social media post highlighted the importance of securing enough money for the next one or two years. India’s funding environment is experiencing a decline in deal volume but an increase in total funding amounts. The focus is shifting towards larger funding rounds amidst challenging market conditions. ...Less

- Small Habit That Changed Their Finances: Zerodha's Nithin Kamath reveals how a Rs 20,000 credit card debt changed his money habits
Nithin Kamath’s financial philosophy centres on learning from debt, maintaining cash reserves and investi ...More
Nithin Kamath’s financial philosophy centres on learning from debt, maintaining cash reserves and investing with discipline. After a Rs 20,000 credit card debt took him five years to repay, he stayed away from credit cards for nearly a decade. One common thread in all of his financial advice or lesson is to have enough cash reserves. Apart from this his investment approach focuses on suitable asset allocation, low-cost index funds, regular investing, rebalancing and staying invested. ...Less

- Hospital stocks slip after SC query on steep cancer drug markups
In a landmark ruling, the Supreme Court of India highlighted troubling markups on cancer drugs enforced b ...More
In a landmark ruling, the Supreme Court of India highlighted troubling markups on cancer drugs enforced by hospitals, urging a probe into reports of patients being directed to specific pharmacies for their medications. Following this announcement, the BSE Hospitals Index faced a steep 5% drop, leading to notable losses for industry giants like Apollo Hospitals and Fortis Healthcare. ...Less

- IPO Rush: Over 50 firms file DRHPs ahead of Sebi deadline
September 2025 marked a significant increase in Draft Red Herring Prospectuses submitted to Sebi with 55 ...More
September 2025 marked a significant increase in Draft Red Herring Prospectuses submitted to Sebi with 55 submissions. Companies with a March 31 fiscal year end rushed to file before the September 30 deadline. Failing to meet this deadline could complicate their IPO plans, requiring updated audits and due diligence. The IPO market has surged since July, recovering from previous delays in activity. ...Less

- Solar Industries’ Omnia acquisition to reshape growth, debt outlook
Solar Industries is performing well in the market despite broader weaknesses, primarily due to strong ear ...More
Solar Industries is performing well in the market despite broader weaknesses, primarily due to strong earnings. The planned acquisition of Omnia Holdings is expected to significantly increase revenue and profits in the long term. Management forecasts that combined revenues may substantially rise by FY28, enhancing overall financial performance. However, the acquisition could lower short-term profitability due to increased debt. ...Less

- Growpital case: Sebi to refund money directly to investors for first time
Securities and Exchange Board of India has ordered a refund for investors affected by Growpital's scheme. ...More
Securities and Exchange Board of India has ordered a refund for investors affected by Growpital's scheme. The refund will involve ₹192.88 crore raised from over five thousand investors through unregistered entities. Sebi will verify investor details with Cashfree Payments before issuing refunds proportionately. Investors will receive interest at a rate of 12% per annum from the date of the interim order. ...Less

- Can October turn the tide for Indian stocks after September rout?
As investors approach October, the landscape is shaped by high crude oil prices, increasing bond yields, ...More
As investors approach October, the landscape is shaped by high crude oil prices, increasing bond yields, and continued foreign selling. Historically, October has favored positive market returns, yet recent downturns could challenge this pattern. With the earnings season on the horizon, corporate profitability, particularly within large-cap stocks, will be under scrutiny. ...Less

- D-St set for a negative opening as GIFT Nifty signals weak start
Benchmark indices faced a decline as global uncertainty impacted the market and investor sentiment remain ...More
Benchmark indices faced a decline as global uncertainty impacted the market and investor sentiment remained cautious. The Nifty index is under pressure, with 22,600 acting as a significant support level. Foreign portfolio investors recorded a net sale of shares worth Rs 10,148 crore while domestic institutions were net buyers. The rupee settled flat against the US dollar amidst heavy FII outflows. ...Less

- Zerodha’s Nikhil Kamath lives in 7,000 sq ft apartment at Bengaluru’s Kingfisher Towers, featuring panoramic skyline views, floor-to-ceiling windows, a wooden-decked balcony, modern art, concierge services, private parking and advanced security
Nikhil Kamath house tour: Nikhil Kamath lives in a large apartment located in Kingfisher Towers, a presti ...More
Nikhil Kamath house tour: Nikhil Kamath lives in a large apartment located in Kingfisher Towers, a prestigious area of Bengaluru. The apartment features modern design elements and expansive living spaces that promote comfort and relaxation. Kamath co-founded Zerodha, an influential brokerage firm that significantly contributed to his wealth. His portfolio extends to investment management and startup ventures, enhancing his financial influence. Kingfisher Towers offers residents various amenities, making it a desirable living destination. ...Less

- What Nithin Kamath sees as the biggest risk for broking after Irdai shock
Zerodha co-founder Nithin Kamath said regulatory risk is the biggest threat for regulated financial busin ...More
Zerodha co-founder Nithin Kamath said regulatory risk is the biggest threat for regulated financial businesses, citing IRDAI’s proposed insurance commission changes. He warned that regulatory shifts affecting broking, F&O, client float and MTF can rapidly alter business economics and valuations. ...Less

- MCX traders complain of commodity position prices not reflecting on Zerodha, broker blames delay in exchange reports
Zerodha users reported that average prices for MCX commodity positions, including gold, silver and crude ...More
Zerodha users reported that average prices for MCX commodity positions, including gold, silver and crude oil, were showing as “NA/0” on the Kite app. Zerodha said the issue was caused by a delay in receiving reports from the exchange and added that it was coordinating with the exchange to resolve the problem promptly. ...Less

- Mutual fund NFOs: 2 new funds will open for subscription this week. Check dates and key details
Two new passive funds will open for subscription this week, including Zerodha Nifty Next 100 ETF and Moti ...More
Two new passive funds will open for subscription this week, including Zerodha Nifty Next 100 ETF and Motilal Oswal Nifty REITs & Realty Index Fund. The funds will have minimum investment amounts of Rs 1,000 and Rs 500, respectively. ...Less

- Zerodha's Nithin Kamath warns equity deliveries will no longer stay free due to MDR on UPI, says brokers cannot absorb the additional cost forever
Zerodha founder Nithin Kamath has said the proposed Merchant Discount Rate (MDR) on UPI transactions coul ...More
Zerodha founder Nithin Kamath has said the proposed Merchant Discount Rate (MDR) on UPI transactions could end free equity delivery trades, warning that brokers cannot keep absorbing a charge that applies to every transfer regardless of whether a trade happens. ...Less

- New-age brokers Groww, Zerodha, others to write to Sebi on UPI MDR: Sources
The representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raisin ...More
The representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raising the zero-MDR threshold from Rs 2,000 to Rs 20,000, and reconsidering the mandatory periodic settlement of unused client funds that has been a long-standing ask, they said. ...Less

- Nithin Kamath says new UPI charges on investing, broking don’t make sense: 'I don't see how we can absorb this indefinitely'
Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and br ...More
Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfer funds without trading. He said brokers may struggle to absorb the costs indefinitely, particularly under quarterly settlement rules, and suggested a lower MDR with a transaction-level cap. ...Less

- How will MDR on UPI affect your mutual fund investments? Will AMCs and brokers pass on the costs to users?
The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transacti ...More
The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments in mutual funds and broker wallet replenishments will be subject to this fee, while recurring mutual fund SIPs via UPI AutoPay will remain exempt. Discount brokers engaging in high-value trades will experience the greatest repercussions from these modifications, and their clients could ultimately face increased costs. ...Less

- Proposed UPI MDR structure doesn't make sense for broking, could raise costs: Nithin Kamath
The proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbro ...More
The proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not execute trades, Zerodha co-founder Nithin Kamath said, calling for a lower transaction charge with a smaller cap for the broking industry. ...Less

- Beyond NSE IPO buzz: MSEI, CSE unlisted shares rally up to 108% in 2026
This year has seen a remarkable surge in unlisted shares, particularly with MSEI, witnessing a staggering ...More
This year has seen a remarkable surge in unlisted shares, particularly with MSEI, witnessing a staggering rise of approximately 108% year-to-date in the unlisted market. Simultaneously, CSE shares have gained momentum, echoing the trend amidst increasing investor interest in smaller exchanges following the NSE IPO filing. Factors such as revival plans and enhanced broker integrations are fueling this noteworthy shift. ...Less

- How NSE helped Zerodha start when it had little money: Nithin Kamath recalls ahead of IPO
Zerodha founder Nithin Kamath recalled how NSE’s free NSE NOW trading platform helped the brokerage start ...More
Zerodha founder Nithin Kamath recalled how NSE’s free NSE NOW trading platform helped the brokerage start in 2010 when it lacked funds to build its own platform. He also said NSE waived Zerodha’s membership fee and was welcoming during its early days, expressing confidence that NSE’s much-awaited IPO will succeed. ...Less

- Jackie Shroff once lived in a 10X10 room in Mumbai slum. One flop lost him all his money. Today, he lives in a Rs 31 crore sea-facing Mumbai home with 8 bedrooms, gym, private theatre
Following the failure of their production company Boom due to rampant piracy, Jackie and Ayesha Shroff fa ...More
Following the failure of their production company Boom due to rampant piracy, Jackie and Ayesha Shroff faced a catastrophic financial crisis. Days before it was released, distributors pulled out, making it difficult for the family to pay back debts. They were forced to sell their house and possessions due to the losses, but Jackie stayed dedicated to paying off debts, upholding his moral principles, and safeguarding his family's name. ...Less

- Splitting UPI payment to sidestep MDR? No daily cap for now
Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% me ...More
Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped at Rs 300 for transactions of Rs 75,000 or more. ...Less

- BSE suffers outage, Zerodha users complain of F&O price not reflecting
On September 10, the BSE faced a brief disruption that impacted various cash segment partitions and speci ...More
On September 10, the BSE faced a brief disruption that impacted various cash segment partitions and specific scrips. Once the exchange addressed the technical glitch, regular operations were restored. However, traders using Zerodha reported issues with outdated prices and order placements on certain contracts. Although Zerodha confirmed the resolution, some users experienced lingering technical difficulties. ...Less

- Paisabazaar expands wealth push as it diversifies beyond unsecured credit
The PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around t ...More
The PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around two-thirds of its revenue from unsecured credit and a third from secured products. It is now looking to build a wealth business, comprising mutual funds, bonds and deposits, as another revenue stream. ...Less

- UPI MDR worries new-age brokers; India's semiconductor ambitions
India’s new MDR framework for UPI is raising concern among new-age stockbrokers, who are planning to take ...More
India’s new MDR framework for UPI is raising concern among new-age stockbrokers, who are planning to take it up with Sebi. This and more in today’s ETtech Top 5. ...Less
- Sebi to examine discount brokers’ concerns over new UPI MDR
Sebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impa ...More
Sebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impact large fund transfers starting October fifteenth. Brokers are particularly concerned that these additional costs may heavily burden them, as trades are not insured after the transfers are made. Additionally, the complexity of quarterly settlements could further escalate their expenses. ...Less
- MDR on UPI does not make sense for broking and investment payments, say Nithin Kamath and Deepak Shenoy
The NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant ...More
The NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. This policy change has elicited mixed reactions from industry leaders. While some view it as a step toward enhancing financial sustainability within the digital payments landscape, others raise concerns about its potential effects on investment and trading activities. ...Less
- New UPI MDR Explained: Impact on mutual funds, brokers & investors
The implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, includi ...More
The implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time contributions to mutual funds and topping up broker wallets. Notably, recurring SIPs using UPI AutoPay will remain exempt from this fee. Discount brokerage firms may see a rise in operational costs, which could lead to indirect cost implications for their clients. ...Less
- ETSA winner Theranautilus heads to human trials; JSW One’s IPO plans
Happy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This an ...More
Happy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This and more in today’s ETtech Morning Dispatch. ...Less
- Mutual funds, stocks UPI payments to attract 0.02% MDR under new NPCI framework
New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special ...More
New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and investment platforms, capped at Rs 300. Standard person-to-merchant UPI payments above Rs 2,000 will attract a 0.4% charge. Other sectors like railways and telecom will see a flat Rs 5 fee. These changes aim to support UPI infrastructure and keep consumer payments free. ...Less
- UPI MDR explained for investors: How will new charges impact your mutual fund SIPs and stock investments?
From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all ...More
From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactions. UPI AutoPay and mandates will be treated separately, while mutual funds and capital-market payments will attract a lower MDR. Importantly, the charge will be borne by merchants, not customers, raising questions over its impact on SIPs and stock investments. ...Less
- When Nithin Kamath met Karthik Rangappa: The journey from international investor account sales pitch to heading Varsity
Zerodha co-founder Nithin Kamath credited Karthik Rangappa as central to building Zerodha Varsity, the br ...More
Zerodha co-founder Nithin Kamath credited Karthik Rangappa as central to building Zerodha Varsity, the brokerage’s free financial education platform. Kamath highlighted Rangappa’s long association, continued contribution and role in expanding Varsity, stressing education rather than customer acquisition as its core purpose. ...Less
- Decoding MDR’s impact; EV bikes’ policy change sparks debate
Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETte ...More
Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch. ...Less
- BSE tech glitch disrupts F&O trading on Sensex expiry day
On Thursday, the BSE faced technical difficulties, leading to obstacles in executing trades related to fu ...More
On Thursday, the BSE faced technical difficulties, leading to obstacles in executing trades related to futures and options during the crucial weekly Sensex expiry. According to the exchange, there was a short outage that affected specific segments of the cash market. Fortunately, normal operations resumed once the issue was addressed, although brokers reported similar disruptions on their trading platforms that were subsequently rectified. ...Less
- UPI MDR explained; AI leaders split on slowing down
UPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETt ...More
UPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5. ...Less
- Narendra Modi: Teachers, mother & people who shaped Indian Prime Minister's life
Narendra Modi’s journey from childhood to becoming India’s Prime Minister: Prime Minister Modi's life les ...More
Narendra Modi’s journey from childhood to becoming India’s Prime Minister: Prime Minister Modi's life lessons stem from his mother and father's guidance. Teachers recognized his potential beyond academic performance, shaping his outlook. Swami Vivekananda's writings provided early intellectual and spiritual inspiration. RSS mentor Lakshmanrao Inamdar guided his organizational development and education. Ordinary people encountered throughout his life remain his greatest teachers. ...Less
- India’s niche brokers see sharp rise in active trading users
The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leavi ...More
The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leaving larger firms in a state of flux. Experienced traders are gravitating toward these nimble, innovative platforms that emphasize robust trading capabilities rather than just competitive pricing. In contrast, giants such as Groww, Zerodha, and Angel One are seeing a notable decline in user growth. ...Less
- Zerodha gets Sebi nod for merchant banking licence, formal registration awaited: Report
Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into i ...More
Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal registration. The move broadens its financial services portfolio, strengthens its capital markets presence and positions the broker to support companies raising funds through IPOs. ...Less
- When Nithin faked being Sachin: Kamath looks back on using a pseudonym in early years of Zerodha
Zerodha founder Nithin Kamath recalled how a 15-year-old media appearance helped boost the broker’s accou ...More
Zerodha founder Nithin Kamath recalled how a 15-year-old media appearance helped boost the broker’s account openings in its early days. He also revealed that he used the pseudonym “Sachin” and even faked an accent while speaking to a journalist. Kamath later turned to social media as traditional media’s influence waned. ...Less
- ETMarkets Smart Talk | Retail traders lost ₹1.8 lakh crore in F&O: Can algo trading change the game? Rakesh Pujara explains
More than 90% of individual F&O traders lost money between FY22 and FY24, with retail losses reaching aro ...More
More than 90% of individual F&O traders lost money between FY22 and FY24, with retail losses reaching around ₹1.8 lakh crore. With algorithmic trading now widespread, automation could help level the playing field by giving retail investors access to tools once largely available to institutions, says Rakesh Pujara of Compounding Wealth Advisors. ...Less
- We are accelerating idiocracy: Zerodha’s Nithin Kamath admits even his writing is getting worse without AI as kids struggle to learn maths and science in the age of smart intelligence
Global 15-year-olds show weakest performance in reading and math tests. Nithin Kamath worries AI may redu ...More
Global 15-year-olds show weakest performance in reading and math tests. Nithin Kamath worries AI may reduce children's foundational skill development. He notes his own writing has worsened due to AI reliance. This trend mirrors a broader decline in essential academic abilities. The situation raises questions about balancing AI use with learning. ...Less
- Broking firm Upstox offers US stocks, opens access to 8,000+ listed firms, 2,000+ ETFs
With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already pro ...More
With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already provide Indians access to global equities. Under the Reserve Bank of India's Liberalised Remittance Scheme (LRS), resident Indians can remit up to $250,000 annually for permitted overseas investments, including foreign-listed shares. ...Less
- Gold ETF inflows jump 67% to Rs 2,596 crore in August. Why are investors piling in?
Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing re ...More
Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing recent performance. While central bank buying, geopolitical risks and diversification benefits support gold’s medium-term outlook, its lower Sharpe ratio highlights its cyclical nature. Experts recommend treating gold as a portfolio diversification tool and maintaining an appropriate allocation rather than increasing exposure solely because prices have risen. ...Less
- Zerodha unit gets nod for merchant banking
On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, f ...More
On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, following their application back in April. This pivotal approval enables the firm to facilitate initial public offerings and handle various capital market activities. Although the complete registration process with the regulator remains in progress, Zerodha Corporate Advisors is gearing up to launch its new merchant banking services shortly. ...Less
- First they called him Nithin, then WTF flipped the script: Nithin Kamath’s birthday wish as Nikhil turns 40
Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin a ...More
Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodha’s early press breakthrough, which nearly doubled monthly account openings and revealed an unexpected growth opportunity. ...Less
- ET Startup Awards 2026: Habuild leans on repeat users to expand beyond yoga into strength training, nutrition
Habuild, winner of the Bootstrap Champ title at the ET Startup Awards 2026, has built a profitable digita ...More
Habuild, winner of the Bootstrap Champ title at the ET Startup Awards 2026, has built a profitable digital wellness business driven largely by repeat subscriptions. The platform, which started with free yoga sessions during Covid, reported Rs 112 crore revenue and Rs 57 crore net profit in FY25, while expanding into strength training and AI-led nutrition tools. ...Less
- Nithin Kamath vs Nikhil Kamath: Who is more handsome? Zerodha's CEO reacts after discovering team member's choice
Zerodha VP Dinesh Pai jokingly declared Nikhil Kamath better looking than his brother Nithin on X, asking ...More
Zerodha VP Dinesh Pai jokingly declared Nikhil Kamath better looking than his brother Nithin on X, asking others not to tell Nithin. He eventually found out and cheekily said he would change the website photo to feature Nikhil under his name. The exchange amused social media users, who shared jokes about the Kamath brothers, their similar names and Nikhil's unexpected win in the looks contest. ...Less
- ETtech Explainer: Groww vs Zerodha — one wins the customer race, the other the earnings battle
Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as la ...More
Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as large in revenue and profits. As retail trading cooled, Groww is adding products and going upmarket to monetise its larger user base, while Zerodha is protecting its mature profit pool and diversifying beyond broking. ...Less
- Zerodha's FY26 net profit rises 1.2% to Rs 4,283 crore amid revenue slowdown
Zerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged ...More
Zerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged from the previous year's ₹8,847 crore. Income from margin trading helped offset a slowdown in its core broking business. Smaller rival Groww expanded both revenue and profit by about 14 percent. Zerodha remains nearly twice as large on key financial measures. ...Less
- NFO Alert: Zerodha Fund House announces launch of Zerodha Life Cycle Fund 2031
Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until ...More
Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until September 10. The fund automatically shifts from higher equity exposure to conservative assets as maturity approaches. It invests across equity, government securities, commodities and arbitrage, with a Rs 100 minimum investment and no lock-in. ...Less
- Zerodha turns 16: Nithin Kamath says user additions slowing, MF business 'slipped up a little'
Zerodha CEO Nithin Kamath said slower market activity and regulatory changes have challenged brokerage gr ...More
Zerodha CEO Nithin Kamath said slower market activity and regulatory changes have challenged brokerage growth, while warning that rising margin trading funding poses risks. Despite weaker trading activity, Zerodha’s customer assets continue growing, supported by trust, technology and financial content. ...Less
- Zerodha's Nithin Kamath just revealed what's scaring him lately
Zerodha’s Nithin Kamath just raised alarms regarding the risks linked to margin trading amid market downt ...More
Zerodha’s Nithin Kamath just raised alarms regarding the risks linked to margin trading amid market downturns. This practice, which has become a lucrative revenue stream for the brokerage, has pushed its margin trading book to nearly Rs 9,000 cr. With more investors leaning on leverage, concerns are mounting about potential forced selling. ...Less
- Deeptech firm Minimac Systems raises Rs 30 crore led by Zerodha's Rainmatter
Minimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the compa ...More
Minimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the company said. The company operates across the lubricant lifecycle, helping industrial customers monitor the condition of lubricants, clean and restore used oil, and, when the oil can no longer be reused, send it to registered re-refiners. ...Less
- Zerodha FY26 profit, revenue stay flat due to slowdown in core broking business
Brokerage income fell 10.7% to Rs 2,738 crore during the year, while net transaction-charge income droppe ...More
Brokerage income fell 10.7% to Rs 2,738 crore during the year, while net transaction-charge income dropped to zero from Rs 400 crore after a regulatory change ended the rebates brokers received from stock exchanges. Annual maintenance charges rose marginally to Rs 180 crore, while interest income declined about 4% to Rs 2,269 crore. ...Less
- Calcutta exchange’s unlisted shares double on revival hopes
Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of ...More
Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is seeking to pause its voluntary exit process and explore opportunities across equities, derivatives, bonds, currencies and commodities, though any revival will require regulatory approvals and potential anchor investors. ...Less
- Mutual fund NFOs: 12 new funds are open for subscription now. Check details
UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Qua ...More
UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Quality Fund, Navi Nifty REITs & Realty Index Fund, NFO, mutual funds, mutual fund news ...Less
- Block deals test valuations; gig platforms quit welfare board
Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ...More
Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch. ...Less
- Zerodha’s growth stalls; IT’s new deal model
Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in to ...More
Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5. ...Less
- Winners of the ET Startup Awards 2026; Groww vs Zerodha
Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More
Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less
- Gold, silver ETFs crash up to 8% as US Fed rate hike expectations climb. What should investors do?
Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices ...More
Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices extended their losses. Rising expectations of a US Fed rate hike, profit booking and a stronger dollar weighed on sentiment. Experts advised investors against panic selling and suggested rebalancing or staggered buying. ...Less
- Lifecycle funds: Should you invest in target-date funds for your financial goals? Know the benefits, risks and limitations
Goal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defi ...More
Goal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defined purpose, helps you stay committed to the journey, and allows you to track your progress. Financial advisors weave this into clients’ financial plans. Do-it-yourself (DIY) investors have also adopted this habit. But there are some prac tical constraints in how this gets executed. ...Less
- smallcase Technologies expands under CASE Platforms; Zerodha CASE to be new name for mutual fund business
Fintech firm smallcase Technologies has introduced CASE Platforms as its new corporate identity. This new ...More
Fintech firm smallcase Technologies has introduced CASE Platforms as its new corporate identity. This new identity will unify its diverse portfolio of investment products and platform businesses. The mutual fund business, a joint venture with Zerodha, will now be known as Zerodha CASE Mutual Fund. CASE Platforms aims to help individual investors access the right financial products and tools. ...Less
- From crypto bets to SIPs, young India finds its money habit
Young investors are embracing Systematic Investment Plans for disciplined wealth creation. Data shows a s ...More
Young investors are embracing Systematic Investment Plans for disciplined wealth creation. Data shows a significant rise in SIPs among those under thirty years old. Fintech platforms are observing increased SIP adoption across various asset classes. Parents are also initiating SIPs for their children's future education needs. This growing SIP habit faces challenges from market volatility and investor education. ...Less
- ET Startup Awards 2026 | Startup of the Year: Street-smart Groww outruns regulatory odds to claim top prize
With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More
With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less
- Why Zerodha’s Nithin Kamath wants fintech founders to rethink trading in the age of AI
Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing a ...More
Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing as AI, evolving market structures, regulations and emerging technologies reshape financial markets. He said brokers could eventually become little more than a “pipe” between customers and exchanges, while Rainmatter is again doubling down on fintech investments. ...Less
- Mutual fund NFOs: 12 funds open for subscription now. Check key details
Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-as ...More
Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-asset, multi-cap, flexi-cap and sectoral funds. ICICI Prudential Mutual Fund has the highest number of new offerings, while several other fund houses have also launched schemes with subscription deadlines ranging from August 28 to September 10. ...Less
- Why Zerodha's Nithin Kamath is asking founders to stop leading with AI
Zerodha founder Nithin Kamath has warned startup founders that simply highlighting AI in investor pitch d ...More
Zerodha founder Nithin Kamath has warned startup founders that simply highlighting AI in investor pitch decks is no longer a differentiator. He said AI has become “table stakes” and opening a pitch with it could make investors lose interest. ...Less
- Rough patch! How HDFC group delivered a Rs 4.4 lakh crore blow to investors in one year
In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capital ...More
In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC Bank suffered a 26% drop, equating to a loss of Rs 3.73 lakh crore. Similarly, HDFC Life Insurance faced a 29% decline, resulting in a Rs 47,261 crore dip. ...Less
- Bioinformatics project bags first place in Anveshana, research initiative that won Modi’s praise
Anveshana 2026, a student research initiative, concluded with 20 projects presented by students. Prime Mi ...More
Anveshana 2026, a student research initiative, concluded with 20 projects presented by students. Prime Minister Modi highlighted this program in his Mann Ki Baat address. Top projects explored molecular docking, pesticide residues, kitchen waste conversion, and natural latex composites. Experts praised the program for fostering critical thinking and problem-solving skills. This initiative democratizes research access for school students across India. ...Less
- NFO Alert: Zerodha Fund House launches arbitrage fund
Zerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives ...More
Zerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives price gaps. The NFO closes August 14, with the fund designed for relatively low-volatility, tax-efficient short-term cash parking and conservative investors. ...Less
- The Economic Times Startup Awards 2026: And the big winners are…
Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More
Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less
- Upstox begins talks with investment banks for $350-400 million IPO; crosses 2 crore customers
Investment platform Upstox is exploring a potential initial public offering. The company aims to raise ap ...More
Investment platform Upstox is exploring a potential initial public offering. The company aims to raise approximately USD 350-400 million through this offering. This proposed IPO will include both new shares and an offer-for-sale. ...Less
- ETtech Deals Digest: Navi leads weekly funding as startups raise $221 million
Indian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansa ...More
Indian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansal-founded Navi’s $100 million fundraise, per data from Tracxn. The weekly tally was 102.5% higher than the previous week, but 14.1% lower than the same period last year. ...Less
- Tiger Global-backed broking firm Upstox said to plan India IPO
Upstox is currently in talks with investment banks regarding a possible initial public offering. Backed b ...More
Upstox is currently in talks with investment banks regarding a possible initial public offering. Backed by Tiger Global, the company plans to hire advisers shortly for the imminent listing. This IPO could potentially generate approximately $400 million from both new and existing investors. Following Groww's impactful IPO last year, Upstox reached unicorn status in 2021 subsequent to a significant funding round. ...Less