Bandhan Bank has boosted fixed deposit interest rates by up to 20 basis points, with senior citizens now ...More

Bandhan Bank has boosted fixed deposit interest rates by up to 20 basis points, with senior citizens now earning a competitive 7.95% on select tenures. This move comes as other banks also adjust their deposit offerings, even with the RBI holding the repo rate steady. The bank aims to attract more retail deposits with these revised, attractive rates. ...Less

A senior IAS officer, Pardeep Kumar, has been arrested by the CBI for his alleged role in embezzling Rs 5 ...More

A senior IAS officer, Pardeep Kumar, has been arrested by the CBI for his alleged role in embezzling Rs 504 crore from Haryana government accounts. Officials state Kumar, as Member Secretary of HSPCB, facilitated the misappropriation of Rs 169 crore through fraudulent fixed deposits and unauthorised bank accounts. Two former bank officers were also apprehended for their involvement in siphoning public funds via forged transactions. ...Less

Dream Sports, the parent company of fantasy sports giant Dream11, is shutting down its fintech venture, D ...More

Dream Sports, the parent company of fantasy sports giant Dream11, is shutting down its fintech venture, Dream Money, less than a year after its launch. The investment and wealth management platform, which offered mutual funds, digital gold, and fixed deposits, will cease operations on July 30. ...Less

As fixed deposit rates decline, Indian investors are increasingly exploring corporate bonds for better po ...More

As fixed deposit rates decline, Indian investors are increasingly exploring corporate bonds for better post-tax returns. This shift, driven by improving market access and regulatory reforms, is causing retail participation in bonds to surge. Experts highlight that while higher yields signal greater risk, careful evaluation of credit ratings, issuer health, and liquidity is crucial for informed investment decisions in this evolving fixed-income landscape. ...Less

Senior citizen FD interest rates: Bandhan Bank has boosted fixed deposit interest rates, offering senior ...More

Senior citizen FD interest rates: Bandhan Bank has boosted fixed deposit interest rates, offering senior citizens a compelling up to 7.95% rate on select tenures. This revision, effective June 20, 2026, also sees other customers benefiting from competitive rates. The bank's savings accounts also provide attractive returns for higher balances. ...Less

As fixed deposit rates dip, investors are turning to high-rated PSU and corporate bonds for better return ...More

As fixed deposit rates dip, investors are turning to high-rated PSU and corporate bonds for better returns. Improved retail access and regulatory reforms are making these instruments more appealing. Experts highlight that while yields are attractive, understanding credit ratings, security, cash flows, and liquidity is crucial for investors to differentiate between genuine opportunities and potential risks. This marks a significant shift towards the financialization of fixed income in India. ...Less

In a significant development, the CBI apprehended senior IAS officer Pardeep Kumar on his retirement day ...More

In a significant development, the CBI apprehended senior IAS officer Pardeep Kumar on his retirement day in connection with a ₹593-crore Haryana government funds scam. Investigators allege Kumar's direct involvement in the siphoning of ₹169 crore from the Pollution Control Board, marking the largest loss in the wider fraud. This arrest brings the total to 22, with former bank officials also taken into custody as the money trail is pursued. ...Less

Investment options for senior citizens: Senior citizens seeking steady retirement income can choose betwe ...More

Investment options for senior citizens: Senior citizens seeking steady retirement income can choose between Senior Citizens Savings Scheme (SCSS), Fixed Deposits (FDs), and RBI Floating Rate Bonds. ...Less

Seeking stable returns? Fixed deposits offer a low-risk avenue for your savings. For a Rs 5 lakh investme ...More

Seeking stable returns? Fixed deposits offer a low-risk avenue for your savings. For a Rs 5 lakh investment in a one-year FD, explore top rates from public sector banks, private banks and small finance bank. ...Less

Retirees often face a dilemma investing their corpus, balancing safety with growth. Expert Abhijit Choksh ...More

Retirees often face a dilemma investing their corpus, balancing safety with growth. Expert Abhijit Chokshi advises a diversified approach for a Rs 1 crore investment, suggesting balanced advantage funds, quality debt funds for emergencies, and a cautious entry into equity via Systematic Transfer Plans (STPs). This strategy aims to manage risk and ensure peace of mind during market volatility, emphasizing a long-term perspective. ...Less

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Zerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investme ...More

Zerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investment banking. The move aligns with India’s strong IPO pipeline and expanding capital markets activity. If approved, it will deepen Zerodha’s diversification beyond broking into a broader financial services platform ...Less

As taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS ...More

As taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This unified document offers a comprehensive view of your financial footprint, detailing income sources, investments, and tax credits. Reviewing it meticulously against your records helps ensure accurate reporting, prevent mismatches, and avoid potential tax notices, streamlining your return submission. ...Less

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Missed reporting your Fixed Deposit interest in your Income Tax Return? Don't worry, you can still fix it ...More

Missed reporting your Fixed Deposit interest in your Income Tax Return? Don't worry, you can still fix it. The Income Tax Department receives FD interest details, so omissions can be flagged. Filing an Updated Return (ITR-U) within four years allows you to declare missed income and rectify errors, though additional tax and penalties may apply. This voluntary step helps avoid future disputes and keeps your tax records accurate. ...Less

For the first time in years, the math is actually working for non-resident Indians to invest dollar savin ...More

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India. ...Less

New UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. ...More

New UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative offices, including documentation support and cross-selling, are expected to slow down deposit mobilization, particularly for retail customers. This comes at a critical time as Indian banks are aggressively marketing FCNR(B) deposits with attractive interest rates and leverage options until September 30. ...Less

Enforcement Directorate has attached assets worth Rs 55.57 crore belonging to arrested AAP leader Sanjeev ...More

Enforcement Directorate has attached assets worth Rs 55.57 crore belonging to arrested AAP leader Sanjeev Arora, his family, and a realty firm. Arora was apprehended in a Rs 100 crore GST fraud case linked to mobile phone sales. The agency alleges a realty company, Hampton Sky Realty Limited, facilitated bogus exports through shell firms, with the total proceeds of crime estimated at Rs 102.99 crore. ...Less

FD interest rates: Special fixed deposits with a 555-day tenure are drawing investor attention. Banks lik ...More

FD interest rates: Special fixed deposits with a 555-day tenure are drawing investor attention. Banks like City Union Bank and Karnataka Bank are offering competitive interest rates. Bank of Baroda has also introduced a new 555-day deposit scheme with attractive rates for all customer categories. Investors can explore these options for potentially better returns. ...Less

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Senior citizens seeking secure investments are finding attractive options in fixed deposits, especially f ...More

Senior citizens seeking secure investments are finding attractive options in fixed deposits, especially for 5-year tenures. Small finance banks are leading the pack, with Suryoday SFB and Jana Small Finance Bank offering a compelling 8.05% interest rate for senior citizens. This competitive landscape ensures older investors can secure stable, higher returns for their retirement savings. ...Less

ITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income T ...More

ITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sources and can club income back to the original provider. This applies to FDs, shares, and gold, where income or capital gains from gifted assets are often taxed in the transferor's hands. Proper documentation and reporting are crucial to avoid penalties and tax demands. ...Less

Your Daily Horoscope Today highlights long-term financial structuring, deep personal revitalization, and ...More

Your Daily Horoscope Today highlights long-term financial structuring, deep personal revitalization, and strategic retreat. The planetary alignments favor reviewing personal assets, grounding yourself in family dynamics, and disconnecting from professional noise to protect your health. Chandresh Sharma predicts in today's horoscope and how it can shape your emotional and professional outlook. ...Less

In its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel ma ...More

In its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects, results of operation and financial condition, including potential issuance or transfer of up to 7% of its shareholding. ...Less

A property expert reveals a common 'math illusion' surrounding real estate gains. Many investors overlook ...More

A property expert reveals a common 'math illusion' surrounding real estate gains. Many investors overlook significant expenses like stamp duty, brokerage, and capital gains tax, which can drastically reduce apparent profits. Home loan interest and ongoing maintenance costs further erode returns. The expert suggests differentiating between land and building value for accurate long-term wealth assessment. ...Less

Zerodha co-founder Nithin Kamath said building long-term wealth does not require chasing hot stocks or ti ...More

Zerodha co-founder Nithin Kamath said building long-term wealth does not require chasing hot stocks or timing the market. He stressed that investors often overcomplicate investing by trying to predict markets or pick from thousands of options. In a post on X, he said good outcomes come from doing “a few boring things well” through disciplined, low-touch investing. ...Less

Your Daily Horoscope Today highlights maximizing financial potential, projecting magnetic professional au ...More

Your Daily Horoscope Today highlights maximizing financial potential, projecting magnetic professional authority, and prioritizing backend or foreign operations. The celestial alignments favor strategic savings, long-term asset planning, and a deliberate withdrawal from volatile public activities. Chandresh Sharma predicts in today’s horoscope and how it can shape your emotional and professional outlook. ...Less

For Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, in ...More

For Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL score for future borrowing and simplifying rupee-denominated expenses. While unsecured cards are increasingly available, understanding forex charges, repayment mechanisms, and FEMA compliance is vital before applying. ...Less

The Department of Posts has introduced Aadhaar-based e-KYC at Branch Post Offices, enabling eligible Post ...More

The Department of Posts has introduced Aadhaar-based e-KYC at Branch Post Offices, enabling eligible Post Office Savings Account, RD and SSY customers to make paperless deposits up to Rs 50,000 and savings account withdrawals up to Rs 20,000. Aadhaar-authenticated transactions can now be done at any branch, while mobile-linked accounts become mandatory from September 1, 2026. ...Less

A Bengaluru CA highlights a common investment pitfall: focusing solely on a large corpus without accounti ...More

A Bengaluru CA highlights a common investment pitfall: focusing solely on a large corpus without accounting for inflation's impact on future purchasing power. She advocates for a 'step-up SIP' strategy, urging investors to gradually increase contributions as their income rises, rather than maintaining a fixed monthly amount. This approach, she explains, can significantly boost wealth creation over three decades, offering a more realistic path to financial goals. ...Less

Sandeep Bagla of TRUST Mutual Fund sees corrected large-cap valuations as a prime entry point for 2026, e ...More

Sandeep Bagla of TRUST Mutual Fund sees corrected large-cap valuations as a prime entry point for 2026, especially in banking and IT. Their new Large & Mid Cap Fund aims to capture this shift, blending large-cap stability with mid-cap growth. Bagla highlights opportunities in financialization, premium consumption, infrastructure, defense, and tech innovation, anticipating steady economic growth driven by demographics. ...Less

Parents can open a Public Provident Fund (PPF) account for their minor children to secure their future, b ...More

Parents can open a Public Provident Fund (PPF) account for their minor children to secure their future, benefiting from compounding over the 15-year maturity period. While the annual contribution limit is ₹1.5 lakh across all minor accounts and the parent's own PPF, it offers tax benefits under the old regime. ...Less

Retirement planning: Dipping into your retirement corpus for urgent needs can be a costly mistake, potent ...More

Retirement planning: Dipping into your retirement corpus for urgent needs can be a costly mistake, potentially costing you lakhs by retirement. Experts emphasize building a robust emergency fund, ideally covering six months to two years of expenses. This fund, held in low-risk, easily accessible instruments like savings accounts or liquid funds, acts as a crucial buffer against unforeseen events, safeguarding your long-term financial future. ...Less

Your Daily Horoscope Today emphasizes diplomatic resolution, outstanding presentation skills, and systema ...More

Your Daily Horoscope Today emphasizes diplomatic resolution, outstanding presentation skills, and systematic financial planning. It is a highly productive day to channel your communication talents, review long-term family assets, and implement light physical routines to release tension. Chandresh Sharma predicts in today’s horoscope and how it can shape your emotional and professional outlook. ...Less

Banks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts ...More

Banks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs, making them cheaper than domestic fixed deposits. Industry experts anticipate $35-45 billion in FCNR(B) inflows, offering significant liquidity relief to banks facing deposit growth challenges. ...Less

Foreign investors have withdrawn over $60 billion from Indian equities, prompting concerns that retail in ...More

Foreign investors have withdrawn over $60 billion from Indian equities, prompting concerns that retail investors are funding their exits. However, AMFI CEO Venkat N. Chalasani argues this demonstrates market maturity, attracting future foreign investment. He highlights how domestic mutual funds, particularly SIPs, have absorbed volatility, providing crucial liquidity and resilience, a positive sign for market development. ...Less

Relative outperformance and absolute performance – and the context in which they happen. These are three ...More

Relative outperformance and absolute performance – and the context in which they happen. These are three things market investors need to understand much better when it comes to banking stocks. And the likelihood is that all three will see a change. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Retirement planning India: Retiring with Rs 2 crore? Experts advise a prudent 3.5-4% withdrawal rate, yie ...More

Retirement planning India: Retiring with Rs 2 crore? Experts advise a prudent 3.5-4% withdrawal rate, yielding around Rs 60,000-Rs 70,000 monthly. This sustainable income hinges on lifestyle, inflation, and investment strategy, with a balanced portfolio of equities and bonds crucial. Avoiding common pitfalls like excessive early withdrawals and neglecting healthcare costs ensures your corpus lasts. ...Less

Your Daily Horoscope Today emphasizes diplomatic interventions, outstanding presentation skills, and syst ...More

Your Daily Horoscope Today emphasizes diplomatic interventions, outstanding presentation skills, and systematic financial planning. It is a highly productive day to channel your communication talents, review long-term assets, and implement light physical exercises to release tension. Chandresh Sharma predicts in today’s horoscope and how it can shape your emotional and professional outlook. ...Less

Actor and environmental activist Dia Mirza's Pali Hill apartment in Mumbai is more than just a celebrity ...More

Actor and environmental activist Dia Mirza's Pali Hill apartment in Mumbai is more than just a celebrity residence. Purchased when she was only 19, the 1,800-square-foot home highlights the benefits of starting investments early, staying invested for the long term, and adding value to an asset over time. Along with its sustainable design and personal touches, the property serves as a practical example of how thoughtful real estate investments can contribute to long-term wealth creation. ...Less

NRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO accou ...More

NRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, NRIs can leverage Double Taxation Avoidance Agreements (DTAAs) to potentially lower their tax burden or claim credits in their country of residence, avoiding double taxation. ...Less

HIghest FD interest rates: Unity Small Finance Bank and AU Small Finance Bank have revised their fixed de ...More

HIghest FD interest rates: Unity Small Finance Bank and AU Small Finance Bank have revised their fixed deposit interest rates, offering enhanced returns for depositors. Unity Bank now provides 7.80% for general investors and 8.30% for senior citizens on its 501-day FD. AU Small Finance Bank has increased its 30-month FD rate to 7.40% for general customers and 7.90% for seniors. ...Less

At the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If ...More

At the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in the market these days, it is because of valuations, existing ownership, overall fund flows, and the kind of investors putting in the money. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

A 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earne ...More

A 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,000 monthly salary. She detailed managing two loans, household expenses, and medical costs, leading to significant stress and sleepless nights. A proposed ₹5 lakh loan to consolidate debt and invest was met with caution from users. ...Less

India's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money ma ...More

India's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking and investment activities now converge on single platforms, making financial planning more accessible. This shift, driven by convenience and proximity, empowers millions entering formal finance to make informed decisions, transforming income into resilience and savings into wealth. The smartphone is emerging as a key guide in this evolution. ...Less

The interesting point about the large-cap space today is not that prices have collapsed. In most cases, t ...More

The interesting point about the large-cap space today is not that prices have collapsed. In most cases, they have not. The more important change is quieter. Several established businesses are available at valuations that look more reasonable than they did 18 months ago. Their fundamentals have not broken. Their market positions have not disappeared. Their balance sheets have not deteriorated. That is what creates an opportunity. ...Less

Indian households are reportedly shifting savings back to bank deposits due to weak stock markets and geo ...More

Indian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend could benefit lenders facing intense competition for credit demand, as bank credit growth outpaces deposit increases. The move signals a potential return to traditional fixed deposits amid equity market volatility. ...Less

Highest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attr ...More

Highest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attractive fixed deposit options. Small finance banks like Unity SFB and Shivalik SFB are leading the pack, offering an impressive 8.3% interest rate on FDs for this demographic. This presents a significant opportunity for retirees to boost their earnings. ...Less

A Bengaluru-based tech professional has gone viral after sharing his 12-year career journey on Reddit, re ...More

A Bengaluru-based tech professional has gone viral after sharing his 12-year career journey on Reddit, revealing how he grew from earning Rs 5,000 a month as a junior web developer to a Rs 45 lakh annual package. Despite having little savings until 2021, he built a net worth of around Rs 70 lakh through aggressive investments in mutual funds, provident fund contributions and career progression. The employee also reflected on his regrets about not pursuing a bachelor's degree earlier, while expressing pride in how far he has come despite starting with a low-paying job. ...Less

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A Bengaluru tech professional's journey from a Rs 5,000 monthly salary to a Rs 45 lakh annual package and ...More

A Bengaluru tech professional's journey from a Rs 5,000 monthly salary to a Rs 45 lakh annual package and Rs 70 lakh net worth is inspiring thousands. Despite financial success, the individual expresses regret over not pursuing a bachelor's degree earlier, which impacted confidence. The story highlights career setbacks, self-doubt, and the reality that success often takes time, resonating deeply with many professionals facing similar comparisons. ...Less

Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits fo ...More

Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move follows the RBI's announcement of a foreign currency swap window. Bank of Baroda has also introduced a new retail term deposit scheme for resident Indians. These initiatives aim to attract foreign capital and offer attractive returns to depositors. ...Less

InCred Money has secured Sebi's in-principle approval for a mutual fund licence, marking a key step towar ...More

InCred Money has secured Sebi's in-principle approval for a mutual fund licence, marking a key step toward launching its asset management business. The company plans to build a digital-first AMC and expects to go live after completing regulatory and operational requirements. ...Less

Indian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are ...More

Indian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are boosting confidence. Tax cuts are already in place. This positive shift is expected to drive spending across various sectors. Experts see this as a broad-based improvement. Digital platforms are also highlighted as a key growth area for the coming decade. ...Less

Horoscope Tomorrow, June 28, 2026: Wondering what the stars have planned for your Sunday? Horoscope tomor ...More

Horoscope Tomorrow, June 28, 2026: Wondering what the stars have planned for your Sunday? Horoscope tomorrow reveals important insights into your career, love life, finances, and health for all 12 zodiac signs. Whether you're planning ahead for work, relationships, or money matters, tomorrow's horoscope helps you make informed decisions with confidence. ...Less

Fathers can build financial independence and generational wealth through strategic mutual fund investment ...More

Fathers can build financial independence and generational wealth through strategic mutual fund investments, experts advise. Starting early, ideally in the late 20s or early 30s, leverages compounding for a robust retirement corpus. For legacy wealth, a higher equity allocation is recommended, focusing on long-term growth. Avoiding common mistakes like delaying retirement planning and keeping too much in low-yield fixed deposits is crucial. ...Less

As the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared f ...More

As the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared for anything. Now, what is the probability that the bears will be chased away from the market in the next couple of weeks? It is high. And yes, for some to come, the two words one should look at carefully are “probability” and “possibility”. If the global order is unsettled at a time when the market is in recovery mode, it is better to be cautious and selective at the same time. ...Less

A Delhi court has declined a woman's request for interim maintenance despite her husband's monthly income ...More

A Delhi court has declined a woman's request for interim maintenance despite her husband's monthly income exceeding Rs 1 lakh, observing that such relief is not an automatic consequence merely because one spouse earns more than the other. The court noted that the woman was educated, gainfully employed and earning over Rs 60,000 a month. ...Less

Recurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose ...More

Recurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices for their RD accounts. Interest rates vary, with post offices offering a competitive 6.7% for a five-year tenure. Banks also provide attractive rates for similar periods. Maturity amounts depend on monthly investment and tenure. ...Less

India saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from ...More

India saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until September, and the country is potentially looking at inflows of at least $150 billion this year. While Gulf Cooperation Council countries have historically dominated India’s inward remittances, advanced economies now contribute more. ...Less

When business updates start to come in or when some FMCG or auto companies indicate that things are not a ...More

When business updates start to come in or when some FMCG or auto companies indicate that things are not all good in the rural space, we may see some volatility in some sectors. A below par monsoon could be the culprit. Also, keep an eye out for news about agricultural output. That is something the market does not normally watch very carefully. ...Less

Veteran investor Shankar Sharma advises retail investors to avoid equities, arguing that markets are for ...More

Veteran investor Shankar Sharma advises retail investors to avoid equities, arguing that markets are for professionals and that taxes and volatility erode returns. He suggests fixed deposits offer better peace of mind and risk-adjusted returns. However, some social media users and market data challenge his view, citing positive retail experiences and long-term market growth. ...Less

India's mutual fund sector is transforming. Technology and investor awareness of liquidity are key driver ...More

India's mutual fund sector is transforming. Technology and investor awareness of liquidity are key drivers. The pandemic highlighted the ease of mutual fund redemption over traditional assets. Younger investors are more engaged, seeking information rather than immediate selling during market volatility. Growth is accelerating beyond major cities, indicating a broadening participation. The industry anticipates substantial future expansion. ...Less

FCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposi ...More

FCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its interest rates. NRIs can now earn up to 6% per annum on US dollar-denominated FCNR(B) deposits, with rates varying by amount and tenure. ...Less

Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending ...More

Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to invest in lucrative FCNR accounts. This strategy aims for high returns and potential tax benefits. NRIs are also moving funds to these new deposits. This practice echoes past schemes, offering attractive dollar returns. ...Less

Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second ...More

Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physical branches are shut, customers can still access various digital banking services for fund transfers, account management, and payments. ...Less

You may not need a long list of investments. Close bank and investment accounts that you no longer need. ...More

You may not need a long list of investments. Close bank and investment accounts that you no longer need. Reduce your stock and mutual fund holdings, and consolidate these. There may be little merit in holding a complex portfolio and trying to monitor and manage it. One equity index fund, one bank account, and fixed deposits linked to that account are adequate for most purposes. ...Less

The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understa ...More

The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief travels faster than it does for many manufacturing businesses. Lower crude reduces pressure on inflation, inflation relief reduces pressure on bond yields, and softer yields reduce the cost of money. For NBFCs, which depend more on market borrowing than banks, that chain matters directly. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

When it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the ...More

When it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the end of the day, however, both operate in the same ecosystem and will be equally impacted by what is going on in the economy. So, if the macro picture has improved for the economy, it will impact both segments equally. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

NRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax ...More

NRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE interest is tax-free in India, while NRO interest attracts TDS and taxation. However, DTAA benefits may reduce the tax burden on NRO income and help avoid double taxation. ...Less

PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government b ...More

PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain attractive, especially for high-income earners, individual circumstances dictate the optimal decision. Understanding extension rules and recent changes is crucial for effective retirement planning. ...Less

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This c ...More

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announced it would cover hedging costs for new 3 to 5 year FCNR(B) deposits. This initiative benefits Non-Resident Indians and others. Central Bank of India is offering a 6% interest rate on these deposits. ...Less

Despite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of B ...More

Despite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fixed deposit interest rates. These attractive rates, particularly for senior citizens, vary across different tenures, with some reaching up to 7.1%. ...Less

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FCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposi ...More

FCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This follows the RBI's announcement to cover hedging costs for new 3 to 5-year deposits until September 2026. Axis Bank now offers up to 6% on these schemes for select tenures. ...Less

Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit ...More

Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a high deposit-credit ratio, and attractive small savings schemes are pushing banks to offer better returns to attract investors after a period of low FD rates. ...Less

Fixed deposit investors are watching interest rates closely. Several banks have revised their FD rates in ...More

Fixed deposit investors are watching interest rates closely. Several banks have revised their FD rates in June 2026. Savers can lock in attractive returns with some banks offering up to 8% interest to senior citizens on select tenures. ...Less

A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation thr ...More

A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. An expert suggests gradually adding hybrid funds to reduce market volatility. The withdrawal amount will depend on investment duration, accumulated gains, income needs, and overall financial situation. Historical data suggests 5-6% annual withdrawals are sustainable over 10-15 years. ...Less

Malaysia My Second Home (MM2H) offers long-term residency through an investment scheme with four categori ...More

Malaysia My Second Home (MM2H) offers long-term residency through an investment scheme with four categories: Platinum, Gold, Silver, and SEZ/SFZ. Each tier has distinct financial and property purchase requirements, along with varying pass validity and minimum stay conditions for applicants and their families. ...Less

A century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment ren ...More

A century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment rentals, and ultra-low-cost biogas. This multi-dimensional institution, serving over 3,700 people, has diversified into agro-processing, wastewater treatment, and affordable medicine provision, significantly boosting rural living standards and productivity. Its innovative sustainability initiatives have earned national recognition. ...Less

National Savings Certificate provides a secure investment option. With a 7.7% interest rate, a Rs 1 lakh ...More

National Savings Certificate provides a secure investment option. With a 7.7% interest rate, a Rs 1 lakh investment grows to over Rs 1.44 lakh in five years. Tax deductions are available under Section 80C for those following the old tax regime. NSC accounts can be transferred in specific situations. ...Less

Fintech firm Stable Finserv, backed by Peak XV Partners and Lightspeed, faces a ban from distributing mut ...More

Fintech firm Stable Finserv, backed by Peak XV Partners and Lightspeed, faces a ban from distributing mutual funds until November 2026. The Association for Mutual Funds in India imposed the restriction, impacting investors' SIPs. While the exact reason remains unclear, industry insiders suggest potential violations in advertising or documentation. This comes despite recent significant funding for the startup. ...Less

Punjab National Bank customers using MasterCard for international transactions face continued suspension ...More

Punjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This action aligns with global sanctions. The bank also announced the discontinuation of complimentary airport lounge access for its MasterCard Platinum Debit Cardholders from June 1, 2026. New fixed deposit rates are effective from the same date. ...Less

We are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter o ...More

We are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all over again. Such back and forth will likely only continue in the near future. The worry is that this conflict in the Gulf will not be resolved soon and, much like the Russia-Ukraine war, will just continue without a clear outcome for either side. ...Less

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs mi ...More

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these stocks under pressure at periodic intervals. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours ...More

Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all offensive operations. This suggests that the US is making an attempt to settle matters; but it might not be an easy thing to achieve. Coming to the market, the way the street has treated Q4 FY26 numbers shows that selling pressure can emerge for stocks that disappoint. And in all probability, there are more disappointments than positive surprises. ...Less

Wealth managers are favoring balanced advantage funds due to attractive large-cap stock valuations and hi ...More

Wealth managers are favoring balanced advantage funds due to attractive large-cap stock valuations and high bond yields. These funds dynamically adjust equity and debt allocations, offering moderate returns with low volatility, making them suitable for first-time investors seeking stability and better returns than fixed deposits. ...Less

The Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers asse ...More

The Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers assess the effects of higher energy prices and supply chain issues. The ongoing West Asia conflict is a key factor. Home loans and business borrowing costs are expected to remain stable. Savers will likely see fixed deposit rates stay near current levels. ...Less

Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investm ...More

Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withdrawal rates between 4.5% and 6.5% annually, with potential monthly incomes ranging from Rs 70,000 to Rs 1.2 lakh. A bucket strategy is recommended for managing immediate needs and long-term growth. ...Less

As retirement nears, investors question diversifying beyond fixed deposits into equities. Experts advise ...More

As retirement nears, investors question diversifying beyond fixed deposits into equities. Experts advise it's never too late to adjust strategies, emphasizing diversification balances capital preservation with inflation-beating growth potential. An ideal asset allocation depends on individual goals and risk tolerance. ...Less

They pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings ...More

They pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest growing fear scam, and other cyber frauds, work. ...Less

A Bengaluru Chartered Accountant, Meenal Goel, realized her biggest financial mistake was letting her sav ...More

A Bengaluru Chartered Accountant, Meenal Goel, realized her biggest financial mistake was letting her savings sit idle for years. Despite a strong career start, she didn't begin investing until age 25. A colleague's comment about SIPs funding his travel became her wake-up call, prompting her to actively learn and structure her investments. ...Less

India changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year prov ...More

India changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yardstick landed on June 5. Real GDP growth for FY26 came in at 7.7%, while nominal GDP stood at Rs. 346.36 lakh crore. The economy did not suddenly change. The denominator did. That matters because every macro ratio investors look at (debt-to-GDP, market-cap-to-GDP, tax-to-GDP) now sits on a recalibrated base. This is the framework investors need before the next round of macro headlines arrives. ...Less

The Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value ...More

The Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This allows for liquidation of volatile market-linked assets like shares, with proceeds reinvested in low-risk instruments under ED supervision to prevent wealth erosion during investigations. ...Less

Amid broader market weakness, the Sensex fell 408 points over five sessions ending May 29, while 14 BSE s ...More

Amid broader market weakness, the Sensex fell 408 points over five sessions ending May 29, while 14 BSE smallcap stocks declined continuously, losing up to 15% led by Wakefit Innovations, Master Trust and Godavari Biorefineries. ...Less

The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite con ...More

The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a weaker rupee and geopolitical tensions. Experts believe FD rates are unlikely to rise soon as liquidity conditions, credit growth and deposit growth have stabilised. Most analysts see little chance of an immediate repo rate hike, suggesting FD investors may have to wait longer for any meaningful increase in fixed deposit interest rates. ...Less

Given how the market has moved in the last five-six trading sessions, the probability is high that a new ...More

Given how the market has moved in the last five-six trading sessions, the probability is high that a new readjustment trade has started. This trade takes into account the second- and third-order impact of rising crude oil prices, as also a poor monsoon that could play spoilsport for the Indian economy. What does this mean for the banking sector? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

The Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, ...More

The Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', allows people to trace unclaimed bank deposits, insurance policies, and mutual fund investments. It also helps shareholders claim unpaid dividends and shares. ...Less