September saw record spending on credit cards and a surge in new card additions. Festivals and tax cuts fueled domestic consumption. Total monthly card spends exceeded ₹2.16 lakh crore, a significant year-on-year increase. E-commerce spending was particularly strong. This trend is expected to continue into October with ongoing festive promotions and discounts.
Mutual fund SIPs did better than lumpsum across 5 equity categories in 2 years. Check details
Over two years, SIPs outperformed lump-sum investments across equity fund categories, with the gap widest in smallcap funds. SIPs delivered positive average returns even where
September 26, 2026