NRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indi ...More

NRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indian earnings, while NRE accounts hold international funds. Interest on NRO deposits faces tax, unlike NRE accounts which are tax-free. NRE funds are fully repatriable, and NRO funds have a yearly repatriation limit. Major banks offer similar interest rates on both NRE and NRO fixed deposits. ...Less

Unity Small Finance Bank has revised its fixed deposit interest rates. Senior citizens can now earn up to ...More

Unity Small Finance Bank has revised its fixed deposit interest rates. Senior citizens can now earn up to 8.50% on a 501-day fixed deposit. Regular customers will receive 8.00% interest on the same tenure. The bank also offers 7% interest on savings accounts for larger deposits. A 1.00% penalty applies for premature fixed deposit withdrawals. ...Less

Foreign currency deposits have seen significant inflows after a new RBI scheme. Canara Bank offers the hi ...More

Foreign currency deposits have seen significant inflows after a new RBI scheme. Canara Bank offers the highest 3-year FCNR(B) USD fixed deposit rate. HDFC Bank, Axis Bank, and ICICI Bank offer a 6% interest rate. These deposits are available in various foreign currencies and offer tax exemptions. ...Less

The CBI conducted searches in Chandigarh and Ludhiana concerning a Rs 657 crore fund misappropriation. Th ...More

The CBI conducted searches in Chandigarh and Ludhiana concerning a Rs 657 crore fund misappropriation. These searches targeted beneficiaries and public servants involved in the alleged fraud. Incriminating documents and digital evidence were recovered during the extensive searches. The investigation was transferred from Haryana's vigilance bureau to the CBI. This fraud involved siphoning government funds through forged fixed deposits and debit transactions. ...Less

Non-Resident Indians can invest foreign earnings in Indian rupees through NRE fixed deposits. These depos ...More

Non-Resident Indians can invest foreign earnings in Indian rupees through NRE fixed deposits. These deposits offer tax-exempt interest and free repatriation of funds abroad. ...Less

Government support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks ...More

Government support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest rates on these foreign currency accounts. Non-Resident Indians can benefit from avoiding Indian currency depreciation risks. ...Less

Non-Resident Indians can park their Indian income in NRO fixed deposits. These deposits offer attractive ...More

Non-Resident Indians can park their Indian income in NRO fixed deposits. These deposits offer attractive interest rates, with some banks providing up to 6.75 percent. Banks like Bank of Baroda offer the highest rates on specific tenures. Investors should consider tax implications and Double Taxation Avoidance Agreements. Understanding these factors helps maximize returns on NRO fixed deposits. ...Less

ITAT overturns STCG tax on Gujarat house sale: When Kaminiben, an NRI from Anand, Gujarat, sold her house ...More

ITAT overturns STCG tax on Gujarat house sale: When Kaminiben, an NRI from Anand, Gujarat, sold her house for Rs 21.4 lakh in AY 2018-19, which she had originally bought in 2005 for Rs 1.94 lakh, the tax dept issued her tax notices. However, as she was living abroad as an NRI at the time, she could not respond to them. ...Less

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FCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident ...More

FCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide currency protection, while NRE deposits carry exchange rate risk. Calculations show NRE deposits can yield higher returns if the rupee strengthens. However, the rupee has historically depreciated against the US dollar. Choosing between them depends on individual risk appetite and future fund utilization. ...Less

Non-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and N ...More

Non-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve reliable returns. While FCNR(B) deposits safeguard against currency fluctuations as they are held in foreign currency, NRE deposits offer opportunities in Indian rupees without such protection. Ultimately, your decision should align with your currency expectations and future financial objectives. Both investment avenues are tax-exempt and allow full repatriation. ...Less

The Income Tax Department has uncovered a large tax refund fraud racket. A 30-year-old woman allegedly cr ...More

The Income Tax Department has uncovered a large tax refund fraud racket. A 30-year-old woman allegedly created fake deductions worth crores of rupees. She used these to secure fraudulent refunds for over three thousand clients nationwide. Coordinated raids led to the seizure of cash and fixed deposits. Prosecution proceedings have begun against the accused and her clients. ...Less

Byju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple tim ...More

Byju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision on the matter. The settlement's approval or rejection will determine the continuation of insolvency proceedings. Founders have also challenged GLAS Trust's authority and claim size. The tribunal has paused the process of inviting buyers for Think & Learn. ...Less

Your Daily Horoscope Today emphasizes domestic grounding, active professional communication, and financia ...More

Your Daily Horoscope Today emphasizes domestic grounding, active professional communication, and financial recovery. Aligning with these stellar influences will help you protect your liquidity, command attention, and build joyful domestic harmony. Chandresh Sharma predicts in today's horoscope and how it can shape your emotional and professional outlook. ...Less

ET Wealth Reader's Query: I will retire in four years. I have Rs 95 lakh in Provident Fund savings and ex ...More

ET Wealth Reader's Query: I will retire in four years. I have Rs 95 lakh in Provident Fund savings and expect Rs 20 lakh as gratuity. I have no liabilities. How to invest this corpus to get a monthly income of Rs 1 lakh? ...Less

UP RERA has introduced new regulations for collecting maintenance security funds. Developers must now dep ...More

UP RERA has introduced new regulations for collecting maintenance security funds. Developers must now deposit these funds in designated bank accounts. Collected amounts will be invested in high-interest fixed deposits for safety. Promoters must transfer the entire corpus to the Residents' Welfare Association. These funds are exclusively for common area maintenance and repairs. ...Less

An investor seeks expert guidance for his daughter's education and retirement goals. A financial planner ...More

An investor seeks expert guidance for his daughter's education and retirement goals. A financial planner suggests a diversified portfolio and Systematic Transfer Plan for new investments. The expert advises rebalancing the current portfolio for better risk management. Systematic Withdrawal Plan offers a tax-efficient way to generate retirement income. Emergency funds should be kept accessible and in the investor's name. ...Less

Around 46 active cadres of the proscribed Kangleipak Communist Party (People's War Group) surrendered to ...More

Around 46 active cadres of the proscribed Kangleipak Communist Party (People's War Group) surrendered to the Manipur Chief Minister Y. Khemchand Singh, at the Mantripukhri Garrison, HQ Assam Rifles (South) in the Imphal East district ...Less

Non-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible t ...More

Non-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative offering higher interest rates. The scheme allows overseas Indians to deposit foreign currency earnings in Indian banks. Experts believe this initiative is a unique opportunity for diaspora participation. Such inflows will significantly boost India's external financial position. ...Less

A viral X post claiming that a techie quit his Rs 1.5 lakh-a-month Mumbai job, moved back to his hometown ...More

A viral X post claiming that a techie quit his Rs 1.5 lakh-a-month Mumbai job, moved back to his hometown and now earns around Rs 4 lakh every month has triggered a heated debate online. While many praised the reported shift from corporate life to entrepreneurship, others questioned the financial calculations, including the sale of a Rs 3 crore flat, tax implications and the profitability of the restaurants mentioned in the post. ...Less

As a sector, housing finance has borne the brunt of regulatory changes and various scams at different poi ...More

As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that has produced both heroes (HDFC) and villains (DHFL). Given that housing demand will continue rising, it is a sector that is bound to grow. So, what matters is which stock you own; and how long you intend to hold it. The horizon is important as this sector has to deal with interest rate cycles as well as regulatory changes. This makes these stocks prone to phases of underperformance. ...Less

Signature Global's net debt nearly doubled to Rs 390 crore in the first quarter. Sales bookings fell 25 p ...More

Signature Global's net debt nearly doubled to Rs 390 crore in the first quarter. Sales bookings fell 25 percent to Rs 1,970 crore due to lower volumes. The company sold fewer units and less area compared to the previous year. However, average sales realization increased as they focused on luxury homes. Signature Global aims for Rs 10,000 crore in pre-sales this fiscal year. ...Less

Choosing the best Nifty-based index fund involves more than just a low expense ratio. Experts emphasize t ...More

Choosing the best Nifty-based index fund involves more than just a low expense ratio. Experts emphasize that tracking error, which measures how closely a fund mirrors its benchmark, is crucial for long-term returns. While low costs are attractive, consistent replication accuracy, indicated by low tracking error, often proves more vital for passive investors aiming to capture market performance effectively ...Less

Shriram Finance Limited has revised its fixed deposit interest rates starting July 2, 2026. Regular depos ...More

Shriram Finance Limited has revised its fixed deposit interest rates starting July 2, 2026. Regular depositors will now earn up to 7.50% annually on specific tenures. Senior citizens will receive an enhanced rate of 8% on these fixed deposits. ...Less

HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy ...More

HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to nineteen times their initial deposit amount. The potential for amplified returns arises from the spread between deposit earnings and borrowing costs. However, this leverage strategy carries risks if borrowing costs exceed deposit interest rates. FCNR(B) deposits also offer protection against Indian Rupee depreciation for investors. ...Less

Investors with a 24-30 month horizon are choosing income plus arbitrage funds. These funds combine debt a ...More

Investors with a 24-30 month horizon are choosing income plus arbitrage funds. These funds combine debt and arbitrage schemes for stability and tax efficiency. The category manages over twenty-three thousand crore rupees across twenty-two schemes. This investment strategy offers tax benefits compared to fixed deposits and debt funds. Wealthy investors are increasingly allocating capital to these tax-efficient mutual fund options. ...Less

Customer attention has become scarce, forcing businesses to prioritize message value over volume. Verifie ...More

Customer attention has become scarce, forcing businesses to prioritize message value over volume. Verified and consent-based communication now offers a significant competitive advantage for companies. Businesses must also leverage AI to identify the right moment and channel for each customer. Ultimately, making every message count is crucial for success in today's economy. ...Less

Bengaluru-based director and IIM Lucknow graduate Karan Lakhwani shared the money habits his Sindhi famil ...More

Bengaluru-based director and IIM Lucknow graduate Karan Lakhwani shared the money habits his Sindhi family has followed for years. From introducing children to banking early and openly discussing family finances to avoiding unnecessary debt and maintaining a 24-month emergency fund, he outlined five key lessons. Lakhwani also credited his parents for teaching budgeting, taxes, and investing at home, saying strong money management is a shared family responsibility. ...Less

Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Hig ...More

Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit demand suggest banks might raise fixed deposit interest rates soon. Banks monitor deposit growth and credit demand before adjusting their fixed deposit rates. High yields on government securities and small savings schemes also pressure banks to increase FD rates. ...Less

Nearing retirement and confused between bank FDs and SWPs for monthly income? An expert suggests a balanc ...More

Nearing retirement and confused between bank FDs and SWPs for monthly income? An expert suggests a balanced approach. Instead of picking just one, combine safe instruments like FDs for immediate expenses with hybrid or equity funds for growth. ...Less

Banks will remain closed on Saturday, July 11, 2026? Digital banking services will continue to be availab ...More

Banks will remain closed on Saturday, July 11, 2026? Digital banking services will continue to be available for customers even if banks are closed. Routine transactions can be performed using mobile and internet banking applications. ...Less

We live in a world where one statement or one missile can cause crude oil prices to spike. In such times, ...More

We live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in the equity (or commodity) market is probably expecting too much. At this juncture, investors need to develop the ability to either keep out of the market or invest only with a long-term perspective. 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

Rich investors are exploring niche mutual funds and specialized investment funds. These products offer hi ...More

Rich investors are exploring niche mutual funds and specialized investment funds. These products offer higher returns and better tax efficiency for portfolios. Funds bundle debt, arbitrage, REITs, and InvITs to boost investor returns. This strategy provides a tax advantage over fixed deposits and debt funds. Investors must understand liquidity differences between fund types. ...Less

The US-Iran war is escalating again, with all that means for crude prices and nervous markets. And halfwa ...More

The US-Iran war is escalating again, with all that means for crude prices and nervous markets. And halfway across the world, the long AI trade is unwinding, dragging down the high-priced names that led the rally. Between the two, volatility, which has been the defining feature of 2026, is set to rise again. But volatility has a shelf life. It comes, it frightens, and it goes. What survives it is the underlying business, the quality of the management running it, and their proven ability to handle exactly this kind of complexity. ...Less

Horoscope Tomorrow for 23rd July, 2026 indicates a productive day marked by professional recognition, ste ...More

Horoscope Tomorrow for 23rd July, 2026 indicates a productive day marked by professional recognition, steady financial progress, thoughtful communication, and emotional stability. Whether you are negotiating a business deal, recovering pending payments, strengthening relationships, or prioritizing your health, tomorrow's horoscope encourages patience, strategic decisions, and practical action. Read your horoscope for tomorrow to discover how the planetary energies influence your career, money, love life, and overall well-being. ...Less

A careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalt ...More

A careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensuring that all eligible deductions and benefits are correctly claimed. The Income Tax Return (ITR) filing due date for salaried individuals is July 31, 2026 if they are not liable for tax audit. ...Less

After four days of relative outperformance, the Indian market is seemingly in trouble: Both the indices ( ...More

After four days of relative outperformance, the Indian market is seemingly in trouble: Both the indices (the Nifty and Sensex) and market breadth are under pressure. And, yes, it is quite possible it will remain so. Why? Because the Indian rupee and crude oil prices are moving in a direction that is not good for the economy – and hence for the market. So, be volatility-ready. ...Less

Indian investors are increasingly turning to bonds for stable income as fixed deposit rates decline. Impr ...More

Indian investors are increasingly turning to bonds for stable income as fixed deposit rates decline. Improved digital access and regulatory oversight are boosting retail participation, with platforms like Jiraaf seeing significant growth. Experts emphasize evaluating yields carefully, considering credit ratings and issuer profiles, and diversifying within fixed income to manage risk effectively. This marks a growing financialization of fixed-income products in the country. ...Less

The Indian private credit market is rapidly becoming a mainstream asset class. This market is expanding a ...More

The Indian private credit market is rapidly becoming a mainstream asset class. This market is expanding at a robust thirty percent compound annual growth rate. It offers customized capital and strategic mentorship to growing companies. Traditional banks and alternative debt funds will complement each other under new frameworks. The market is projected to safely scale past thirty billion dollars by 2030. ...Less

Dream Sports CTO Amit Sharma is stepping down after nearly a decade to build an AI venture. A former Netf ...More

Dream Sports CTO Amit Sharma is stepping down after nearly a decade to build an AI venture. A former Netflix and Yahoo executive, Sharma joined the company in 2016 and helped scale Dream11's technology and engineering teams as the sports-tech platform expanded. The move also comes just days after Dream Sports shut down its fintech arm, Dream Money, less than a year after its launch. ...Less

Individuals and HUFs not eligible for ITR-1 can file ITR-2 online. This guide details the necessary docum ...More

Individuals and HUFs not eligible for ITR-1 can file ITR-2 online. This guide details the necessary documents and steps for submission. The e-filing portal requires filling specific schedules before final submission. Pre-filled data in Part A General needs verification and potential profile updates. E-verification must be completed within thirty days after submitting the return. ...Less

ET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their sto ...More

ET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their stories are a reminder of the opportunities as well as the traps of this market. The five journeys chronicled above have a common thread: NSE has been the wealth creator. The earliest institutional-style buyers did even better. ...Less

Senior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select ...More

Senior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select small finance banks, offering a lucrative opportunity for savings. While deposits are insured up to Rs 5 lakh, experts advise caution. TDS is deducted if FD interest exceeds Rs 1 lakh annually, but eligible individuals can avoid this by submitting Form 15H. ...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

NRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agree ...More

NRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatments for certain income streams. Recent changes affect capital gains and mutual fund taxation significantly for investors. Careful planning of investment exits and documentation is crucial for compliance. Adhering to FEMA and RBI regulations ensures smooth repatriation of funds. ...Less

It is always important to make a distinction between sentiment and real business. While sentiment can imp ...More

It is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it is business fundamentals that matter in the long term. And if they are turning structurally better, just ignore the noise on the street. The business updates for Q1 FY27 are probably a better guide. 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 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

India's primary market anticipates a busy season with major IPOs approaching. Many investors are borrowin ...More

India's primary market anticipates a busy season with major IPOs approaching. Many investors are borrowing funds to maximize their application sizes. This trend is fueled by increased retail participation and convenient application methods. However, borrowing carries significant risks, including allotment and weak listing uncertainties. Careful consideration of costs and potential returns is essential before leveraging for IPOs. ...Less

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaini ...More

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can prevent over-withholding on sale consideration. Understanding capital gains tax and available exemptions is crucial for maximizing returns. Recent changes have altered capital gains taxation for equities and debt funds. Proper documentation and timely filing are essential for claiming refunds and repatriating funds. ...Less

Indian IT stocks now offer dividend yields comparable to bank fixed deposits. These yields have risen bec ...More

Indian IT stocks now offer dividend yields comparable to bank fixed deposits. These yields have risen because stock prices have significantly declined from their peaks. Companies possess substantial liquidity and are actively using buybacks and dividends for support. However, sector headwinds from AI and geopolitics create uncertainty for future growth. Investors face a polarized market with potential risks and rewards. ...Less

Mirae Asset Investment Managers (India)’s equity funds have experienced a period of underperformance—the ...More

Mirae Asset Investment Managers (India)’s equity funds have experienced a period of underperformance—the first major blip since inception in 2007. Chief Investment Officer Neelesh Surana speaks to Sanket Dhanorkar on his market outlook and fund strategies. ...Less

Sentiment is a fickle thing and can change before you know it. And by the time you figure out why, the ma ...More

Sentiment is a fickle thing and can change before you know it. And by the time you figure out why, the market would have moved on. So, while there is no doubt that more headwinds await the Indian economy, it is probably time to look beyond – at a few things that are not obvious. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

Delhi Laxmi Yojana will provide eligible women Rs 2,500 monthly. The scheme is expected to launch on Augu ...More

Delhi Laxmi Yojana will provide eligible women Rs 2,500 monthly. The scheme is expected to launch on August 28, Raksha Bandhan day. Preparations are in the final stages with banks for fund disbursement. Women aged 21 to 60 and permanent Delhi residents may be eligible. An online portal is ready for applications after criteria finalization. ...Less

Entrepreneur Ankur Warikoo sparked a debate by highlighting a 26-year-old's financial dilemma: a low-retu ...More

Entrepreneur Ankur Warikoo sparked a debate by highlighting a 26-year-old's financial dilemma: a low-return fixed deposit advised by his father versus high-risk futures and options trading influenced by friends. This situation underscores a generational clash in defining financial independence, leaving many young investors caught between traditional advice and speculative trends without proper understanding. ...Less

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

This is a market to be selective in, not brave in. The safer way to play a turn in the market is to stay ...More

This is a market to be selective in, not brave in. The safer way to play a turn in the market is to stay with businesses whose demand does not depend on the mood on the street, the state of the economy, or the direction of the Nifty. ...Less

Tuesday saw reports that some ships were hit in the Strait of Hormuz. And, in the US, the Nasdaq was down ...More

Tuesday saw reports that some ships were hit in the Strait of Hormuz. And, in the US, the Nasdaq was down. So, expect some pressure when the Indian market opens on Wednesday. But these are short-term issues. There are other things to look forward to. For instance, how the latest business updates are panning out. At the end of the day, it is earnings that matter. 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

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

Jio BlackRock is set to significantly expand its mutual fund offerings over the next three years, venturi ...More

Jio BlackRock is set to significantly expand its mutual fund offerings over the next three years, venturing into more specialized investment funds (SIFs), ETFs, and offshore products via GIFT City. Following the launch of its Prism Hybrid Long-Short fund, the company plans another SIF in the equity long-short category soon. ETFs are also on the horizon, promising wider access to global investment strategies for Indian investors. ...Less

Miscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax ...More

Miscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department. ...Less

The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following ...More

The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to keep the National Savings Certificate rate at 7.7%. This bond offers a 0.35% premium over the NSC, providing a competitive return compared to many small savings schemes and bank fixed deposits. ...Less

New RBI rules demanding 100% collateral for bank guarantees from July 1 are set to significantly impact p ...More

New RBI rules demanding 100% collateral for bank guarantees from July 1 are set to significantly impact proprietary trading desks. These firms, crucial to market turnover, face increased funding costs and squeezed profits. Industry experts warn of reduced trading volumes and potential job losses as the cost of capital rises substantially, prompting some firms to seek regulatory review. ...Less

A Chartered Accountant's social media post ignited a debate by contrasting a Rs 50 lakh luxury SUV with i ...More

A Chartered Accountant's social media post ignited a debate by contrasting a Rs 50 lakh luxury SUV with investing in 20 electric rickshaws. He argues that while an SUV is a depreciating asset, the e-rickshaws can generate a net monthly income of Rs 80,000 to Rs 1.2 lakh, highlighting the difference between appearing wealthy and truly building it through income-generating assets. ...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

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

Years of diligent wealth building can be lost to forgotten investments. Life's changes often lead to uncl ...More

Years of diligent wealth building can be lost to forgotten investments. Life's changes often lead to unclaimed bank deposits, insurance, shares, and mutual funds. Fortunately, the government's Unclaimed Assets Portal offers a single search point. While it helps locate these assets, remember it's a search tool, not a claim settlement system. Recovering your money requires a separate process with the relevant institution, even if funds were transferred to government-managed accounts. ...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

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 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

There was a time when many investors said with pride that they owned only blue chips. Today, there are pr ...More

There was a time when many investors said with pride that they owned only blue chips. Today, there are probably only a few of them left. And even if you ask them what a blue chip is, their answer may be vague. That’s understandable. Because a blue chip’s definition has changed with the economy. Twenty years ago, only MNCs made the cut. Today the list looks very different. So it is worth setting the definition down again, plainly. A blue chip is a company whose management has a track record. One that sits among the top two in its industry. And one that still has a long road left to grow. ...Less

AMFI CEO Venkat N. Chalasani expects India's mutual fund industry to reach 10 crore investors and ₹150 la ...More

AMFI CEO Venkat N. Chalasani expects India's mutual fund industry to reach 10 crore investors and ₹150 lakh crore in AUM by 2030. He credited resilient SIP flows, rising B-30 participation, regulatory reforms and growing financial awareness for the industry's structural transformation. ...Less

Financial services is where FIIs go when they turn positive on India. History shows us that much of the m ...More

Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider financial services space. But remember: Financial services is not a single sector. It is a set of very different businesses under one umbrella. So it is important to understand the parts, not just the flow of money into them. 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

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

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

Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing ...More

Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by lending your gold, similar to earning rent. While government schemes provide a regulated framework, private platforms operate with fewer protections. Investors must weigh potential returns against significant risks like counterparty default and lack of insurance, making due diligence crucial before leasing. ...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

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

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

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

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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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

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

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

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

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

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

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

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

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

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

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

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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

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

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

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

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

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