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Annapurna Bhandar Scheme 2026: Check eligibility, how to apply online and documents required
Want to apply for Annapurna Bhandar online? Check the official website, eligibility, required documents, form download steps, offline option, status check process, and scam alerts in one place.
SEBI considers easing NDCF norms for Road InvITs, permitting major maintenance borrowings
Sebi proposed allowing road-focused InvITs to add major maintenance expenses back into their NDCF calculations if financed by debt. Full details here.
I asked ChatGPT if old-school shopping is better than quick commerce its answer shocked me
As quick commerce transforms grocery shopping in India, urban couples face unplanned expenses due to ultra-fast delivery services. Here's what ChatGPT suggested to reduce decision fatigue and save 15-30% on monthly grocery bills
Inflation-driven shifts are reshaping tax-aware retirement income strategies, as fixed deposits alone are no longer sufficient to keep pace with inflation. Retirees need to invest in diversified, tax-efficient, and inflation-protected assets to secure a steady income.
Mutual funds, SIFs and PMS: Comparing risk, flexibility and investment limits
SIFs sit between Mutual Funds and PMS, offering flexible, advanced strategies with moderate entry levels and regulation. Investors should understand the differences and consult a financial advisor before investing. So that sensible and professionally guided investments are made.
Not sure about how much of your portfolio should be invested in equity and how much in debt? This is where an asset allocation calculator can help. So, let's find out your ideal asset allocation.
From credit score impact to financial burden, 5 loan risks every borrower and guarantor should know
A simple favour can lead to lasting costs. Understanding the risks of loan guarantorship helps protect your credit score, assets, and finances before agreeing to support a personal loan application. If in doubt, do not hesitate to take professional guidance before agreeing to a loan guarantor.
From HENRY to HARRY: how high earners can escape the lifestyle trap and build real wealth
High salaries don't guarantee financial independence. Heres how time-poor professionals can escape the cycle of heavy EMIs and lifestyle inflation to secure long-term assets.
5 diversified equity funds that have delivered the highest alpha
The metric used to analyze an equity fund's performance relative to its underlying benchmark index is alpha. Here's a list of top 5 equity funds by highest alpha that have outperformed their benchmark index.
UPI sets new record: Transactions reach 29.9 lakh crore in May
In May, UPI transactions hit a record high in both transactions and volume terms. This growth was driven by summer travel and IPL fever. Full details here.
8th Pay Commission fitment factor: Will it be 2.57, 2.86 or 4.0? Here's what experts say
Inflation fuels debate over the 8th Pay Commission fitment factor as unions push for higher multipliers and experts suggest a moderate revision to balance salary growth, pensions and fiscal stability ahead of 2036.
UPI security, LPG price revision, PAN rules: Key financial changes effective from June 1
Starting June, significant financial and regulatory changes will affect consumers, including updated UPI security measures, revised PAN compliance, and increased LPG cylinder prices. Full list here.
Buying land in India: Should NRIs use NRE or NRO funds?
For US NRIs buying land in India, using an NRE or NRO account does not change capital gains tax liability, though FEMA and repatriation rules remain crucial considerations.
Turn small SIPs into crores with the 8-4-3 rule, a compounding strategy that shows how disciplined monthly investing in equity mutual funds can steadily build long-term wealth. The focus must be on staying calm during market volatility and following well-established rules of wealth creation.
An analysis reveals that for a 1 lakh salary, Pune, Hyderabad, and parts of Chennai offer the best home-buying opportunities, while Mumbai is the least affordable.
Post Office MIS vs mutual funds: Which is better for income-seeking investors?
Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative investors. While safe, its returns may not beat inflation, and interest is taxable. Experts suggest a balanced approach, combining low-risk options like arbitrage funds for income with equity funds for long-term wealth creation.
Five timeless investing lessons from Warren Buffett's most storied 'no'
A crisis-tested investing lesson, Warren Buffetts 2008 rejection of Lehman and AIG highlights the value of balance-sheet strength, liquidity, trust and disciplined fundamental analysis. As an investor, one must follow fundamentals and make sensible investments backed by data and solid facts.
SBI Small Cap among 5 smallcap funds with highest cash holding. Check details
Several small-cap mutual funds maintained elevated cash positions in April, reflecting a cautious approach amid market conditions. Bandhan Small Cap Fund held the highest cash allocation at 13.2%, followed closely by Groww Small Cap Fund at 13%. SBI Small Cap Fund, HDFC Small Cap Fund and Quantum Small Cap Fund also maintained sizeable cash reserves, potentially providing flexibility for future investment opportunities.
Sukanya Samriddhi Yojana: If opened at 5, will it mature at 21 or 26? Can you withdraw earlier?
The Sukanya Samriddhi Account matures 21 years after opening, regardless of the girl's age. Contributions last for 15 years, and the girl can withdraw 50% of the balance at 18 for education or marriage expenses. Tax benefits apply under Section 80C.
Top NPS equity funds offer up to 14% returns in 3 years. Heres the list
National Pension System (NPS) fund managers have delivered strong returns over the past three years, with several schemes generating double-digit gains. Tata Pension Management led the pack with a return of 13.56%, closely followed by ICICI Prudential Pension Fund at 13.39%.
International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due to overseas investment limits imposed by the RBI. Experts advise continuing existing SIPs but caution against new investments. Investors are exploring alternative routes like LRS and GIFT City for global diversification as fund houses restrict inflows.
Gold and silver prices today, 1 June: Gold rates declined on MCX amid a stronger US dollar and rising crude oil prices. Check the latest 24K and 22K gold prices, along with 999 silver rates, in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
Best mutual fund SIP portfolios to invest in June 2026
ETMutualFunds offers curated mutual fund portfolios for conservative, moderate, and aggressive investors. These recommendations are designed for SIP investments and cater to various investment amounts. The portfolios are updated regularly based on a robust in-house methodology. Investors can now easily select schemes to meet their long-term financial objectives.
West Bengal CM Suvendu Adhikari announced the Annapurna Yojana fund transfers starting June 3, providing 3,000 to eligible women. Beneficiaries must ensure their Aadhaar-linked bank accounts are updated to avoid issues with payments.
Coinbase has launched operations in India, allowing users to deposit and withdraw Indian Rupees directly. This eliminates the need for peer-to-peer transactions, and users can trade various crypto assets with local order books and advanced trading tools.
8th Pay Commission: Pension rules could change - 70% pension at 65, increasing to 100% with age, Freedom to Pick OPS, NPS or UPS
EPFO: What is EDLI? Employees Deposit Linked Insurance Scheme, explained
The Employees Deposit Linked Insurance Scheme (EDLI) offers insurance for salaried individuals, ensuring families receive a payout upon the subscriber's death. Here's what it is, how it works, and steps to make a claim
Indians relocating abroad must convert their resident savings accounts to NRO accounts due to banking regulations. Failure to do so can lead to compliance issues. Details here.
Atal Pension Yojana: How can you withdraw my account? What happens on payment defaults Check FAQs
The Atal Pension Yojana aims to establish a universal social security system in India, offering a guaranteed monthly pension to subscribers based on contributions made till 60 years of age. Here's all you need to know.
Income-tax returns: Here's why you must e-verify your ITR after filing Stepwise guide
Income-tax returns: You should complete e-verification of your ITR within 30 days after filing to ensure a smooth refund process from the tax department. Check here for the step-by-step taxpayers' guide
Income-tax returns: Are all donations 100% exempted from tax under old regime?
ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more
How a Gurgaon couple spent 1.59 lakh and still invested 2.2 lakh in March
The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where 50,800 goes towards rent and electricity bills.
Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling 17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.
EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.
Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take
Credit card fees piling on? Here's things you can do to reduce or avoid some charges
Credit cards offer flexibility and benefits but come with high interest rates and fees. Financial discipline is essential to maximise advantages and maintain a good credit score. Here's things you can do to reduce or avoid some charges
Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.
Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.
Found an error in your AIS? Here's how to get it corrected before filing your ITR
AIS provides taxpayers with detailed financial transaction reports essential for accurate income tax return filing. Taxpayers should review their AIS for discrepancies to avoid incorrect tax calculations. Here's what to do if you find an error in your AIS.
India falls behind Taiwan in market rankingsbut which market is better positioned to handle risk?
As reported by Bloomberg on May 26, Taiwan's market capitalization stands at $4.95 trillion, slightly ahead of India's $4.92 trillion. While this has raised concerns among retail investors in India, you may be surprised to know which market is actually more sustainable.
The '100 minus age' rule for asset allocation suggests subtracting age from 100 to determine stock investment percentage. Critics argue it's too conservative for longer retirements and rising costs.
West Bengal CM Suvendu Adhikari announced that the Annapurna Yojana's fund transfers will start on June 3, providing 3,000 to eligible women. Enrollment requires a 12-page application form, with assistance available through public welfare camps on June 15-17 for those needing help.
Inside Parag Parikh Flexi Cap Fund: What it bought and sold in April 2026; top 10 holdings revealed
Parag Parikh Flexi Cap Fund is the biggest open-ended equity mutual fund in India with an AUM of over 1.40 lakh crore. But have you ever wondered which stocks have been recently bought or sold by the fund manager of the biggest mutual fund? Let's find out.
Retirement math gets brutal after 50: Why compounding alone won't save youand how to stay on track
Your 50s are crucial for retirement planning, with compounding effects becoming evident. Peak income is reached, but time to correct mistakes is limited. Sequence-of-returns risk poses threats, especially close to retirement.
These 7 equity mutual funds lost up to 7% in May. Part of your portfolio?
Equity mutual funds witnessed a weak May, with the worst-performing schemes losing up to 7%. International and sectoral funds dominated the laggards' list, led by HSBC Brazil Fund. Several consumption, FMCG, energy and PSU-focused schemes also posted negative returns, reflecting pockets of weakness across specific market segments.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
Two market manipulation stories, one lesson
The market has never been a level playing field, and recent events have merely underscored how uneven it remains. The rational response is not to chase headlines, but to avoid playing a timing game
Retail investors remain cautious about crypto due to market volatility. Experts suggest a disciplined approach: invest regularly, focus on quality assets, and allocate 2-5% of portfolios to crypto for stability and growth potential.
SIP Investing in 2026: 5 common mistakes mutual fund investors must avoid
Market swings can test every investor, but avoiding common SIP investment mistakes in 2026 can improve mutual fund returns, strengthen financial goals and support long-term wealth creation. Have a clear discussion with a certified investment advisor to plan your investments properly and grow.
ITR-1, ITR-2, ITR-3 or ITR-4: Which form should senior citizens use? Who can skip filing returns?
The Income Tax Department has initiated online filing for AY 2026-27, with ITR-1 and ITR-4 available since May 15. Senior citizens face challenges in selecting the correct ITR form based on income sources, as ITR-3 remains inactive.
Taylor Swift's journey to billionaire status teaches valuable financial lessons. Experts highlight her savvy decisions in income diversification, ownership protection, and long-term investments as keys to her success.
Beyond Dalal Street: why more Indian investors are looking overseas
A weakening rupee, limited sector exposure and concentration risks are pushing Indian investors to gradually diversify into global markets and dollar assets.
Bank holiday next week: SBI, HDFC, others closed on this day between June 1 and June 6; check here
Private and public sector banks in India will be closed for one day next week from 1st to 7th June 2026 due to eleven holidays listed by the RBI, including weekends and national holidays. Customers should check holiday schedules before visiting branches.
Radhika Gupta, CEO of Edelweiss Mutual Fund, urges reform of India's ESOP taxation, advocating for taxes only when employees realise gains from shares. Read her full statement here.
June 2026 will be crucial for taxpayers and investors due to important financial developments and deadlines. Here's the full list of key dates that one should know.
PPF for children: Can both parents contribute to the account and claim tax deductions?
PPF is a long-term savings scheme with tax benefits. Parents can open a PPF account for minors, but total contributions by both parents cannot exceed 1.5 lakh annually. Details here.
I asked ChatGPT if a 1 lakh salary can buy a 1 crore home. The AI verdict was a reality check
With a monthly take-home of 1 lakh and taking expenses and investments into account, buying a 1 crore flat may be financially imprudent. Here's what ChatGPT advised me to do instead.
Planning your child's future? These 4 government-backed investment options can help you start early
Parents can secure their child's financial future through various government-backed investment schemes. Options include the National Savings Certificate, Sukanya Samriddhi Yojana, Public Provident Fund, and NPS Vatsalya.
Global diversification: These mutual funds have the highest exposure to international stocks
What if you could indirectly invest in global giants like Nvidia, Apple, and TSMC through the same SIP route you use for equity mutual funds? Let's find out the top 5 domestic equity funds in India that invest a significant portion of their portfolio in foreign stocks.
Banks in India will close for several days in June due to holidays. Customers should check the RBI's holiday calendar for branch closures. Full list of holidays here.
These 5 midcap mutual funds deliver over 20% return in 3 years. Do you own any?
Five midcap mutual funds delivered strong long-term performance, generating over 20% annualised returns in the last three years, led by HSBC Midcap Fund, ICICI Prudential Midcap Fund and WhiteOak Capital Mid Cap Fund.
Mahindra Manulife Mutual Fund announces launch of its SIF platform MPOWER
Mahindra Manulife Mutual Fund introduces MPOWER SIF, a new investment product. This fund aims to provide investors with unique strategies beyond traditional mutual funds. It will utilize derivatives and other tools for varied risk-return outcomes. The fund house plans to offer diverse strategies across equity, hybrid, and fixed income categories.
Watch: How a govt employee in Delhi saves 65,000 from a 90,000 salary every month
A 28-year-old government employee from Delhi has gone viral after revealing that she spends only around 25,000 a month despite earning 90,000 in hand. From rent and groceries to fuel and shopping, her budget breakdown has sparked conversations online.
11 equity mutual funds offer over 10% in May. Have you invested in any for your portfolio?
Around 11 equity mutual funds delivered over 10% returns in May, led by international and technology-focused funds such as Mirae Asset AI ETF FoF, Nippon India Taiwan Equity Fund and Edelweiss US Tech Fund.
Nearing retirement and invested mostly in FDs? Expert shares diversification roadmap
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.
Inflation competes with compounding, affecting future purchasing power. A 50 lakh investment could grow to 4.82 crore in 20 years but would only have the purchasing power of 1.50 crore today with 6% inflation.
Hidden home loan charges can quietly increase borrowing costs. Processing fees, stamp duty and insurance add to EMIs and affect long-term affordability, making expert financial advice essential before taking a fresh home loan.
Could you be sitting on forgotten money? Here's how to check using the new govt portal
The Finance Ministry launched an online platform for tracking unclaimed financial assets, enhancing public awareness and access to information.
Man shares 1.3 lakh Europe itinerary covering Spain and Portugal in 13 days, Internet reacts
A travel creator has gone viral after claiming he explored Spain and Portugal over 13 days for just 1.3 lakh. Sharing a detailed cost breakdown and itinerary on Instagram, he argued that Europe can be affordable with careful planning, though several users questioned whether numbers were realistic.
On 30 May, gold prices in India remained stable, with 24-karat gold priced at 156,810 per 10 grams. Silver prices also showed limited movement, with 999 Fine silver at 267,790 per kg.
Why AA matters more than stock selection for multi-generational wealth
Stock selection combines art and science, requiring in-depth study of macro and microeconomic factors. For multi-generational wealth, a diversified multi-asset portfolio is essential to manage risk and reduce volatility.
A new '3490 Calorie' system may influence salary hikes for central government employees by linking pay revisions to the cost of essential food items.
How can you dispute errors in your credit report? Check out these 5 steps now
Credit report errors can damage your credit score and loan approvals. Follow these five simple steps to dispute inaccuracies, protect your credit profile and improve your financial credibility.
EPFO 3.0 to make PF transfers instantbut these 6 mistakes can still derail the process
Small mistakes can delay PF transfers, including incorrect details, multiple UANs, and employer errors. EPFO processing delays also contribute.
Buying gold? Heres why checking the HUID code is crucial even in hallmarked jewellery
Gold jewellery buyers should check the hallmark and HUID code for authenticity and purity. Here's the step-by-step process on how do it and the compensation that can you receive if your jewellery item fails to pass the purity test.
ITR-2 vs ITR-1 vs ITR-4: Which income tax return form should you file this year?
The Income Tax Department has launched online filing and Excel utilities for ITR-1, ITR-2, and ITR-4 for AY 2026-27. Taxpayers can file returns for FY 2025-26 starting from May 15, with deadlines varying by form type.
The deadline for filing SFT for FY 2026-27 is May 31, 2026. Taxpayers should verify SFT transactions with their tax returns to avoid discrepancies that could lead to notices or refund delays. Here's what to do if you find an error.
Bond tokenisation explained: How it works and what are the benefits and risks
SEBI plans to pilot corporate bond tokenization to deepen India's debt markets. This move aims to enhance settlement speed and transparency, making corporate bonds more accessible to retail investors. Here are the benefits and risks associated with it.
The PM Surya Ghar: Muft Bijli Yojana, initiated in February 2024, supports rooftop solar setups for households. The scheme offers up to 300 units of free electricity per month. Details here.
8th Pay Commission key updates: Nationwide consultations in full swing 10 FAQs answered
Check out the latest updates on the 8th Pay Commission as of 29 May 2026, including an extension of the memorandum submission deadline and the announcement of a Kolkata visit.
Form 26AS replaced with Form 168: What changes for taxpayers under the new Income Tax Act, 2025?
Form 26AS, used for taxes verification, will be replaced by the new Form 168 under the Income Tax Act, 2025. This auto-generated statement will provide comprehensive tax-related information starting from the 2026-27 tax year. Details here.
Retirement goals: Can 1 crore in FDs and debt funds beat inflation and give you a steady income?
Retirement planning needs more than FDs and debt mutual funds. Smart SIP investing in equity mutual funds can help build a 1 crore retirement corpus while beating inflation.
A 30-year-old earning 1 lakh monthly saves 40,000 but seeks guidance on investment allocation. ChatGPT advises a balanced approach, suggesting increased equity exposure while maintaining emergency funds and conservative options like mutual funds and recurring deposits for long-term growth.
I asked ChatGPT, how can I prevent my electricity bill from shooting up in Delhi's blistering heat
As Delhi swelters with day-time temperatures reaching 43 degrees Celsius and prolonged heat wave conditions, I ask ChatGPT to devise a strategy that prevents my electricity bill from shooting up this summer.
Filing ITR this year? Here are 5 important changes in the income tax forms for FY 2025-26
The income tax filing season has begun, allowing online submissions for ITR-1, ITR-2, and ITR-4. Taxpayers are advised to wait until mid-June for Form 16. Here are the changes in the income tax forms.
Should senior citizens continue investing in equity mutual funds after retirement? Expert explains
A 60-year-old retiree sought guidance on whether she should continue investing in equity mutual funds after retirement. Experts say senior citizens can retain some equity exposure to beat inflation, provided regular expenses are covered through stable income sources. Aligning the portfolio, reducing overlap, and balancing SIPs with lumpsum investments remain key.
5 smart credit card hacks to save money and maintain a healthy credit score
Smart credit card usage can boost savings and protect your finances. Timely payments, low credit utilisation and reward point tracking help avoid debt and improve your credit score.
NFO Update: Groww Mutual Fund launches Groww Nifty Smallcap 250 Momentum Quality 100 ETF
Groww Mutual Fund has launched the Groww Nifty Smallcap 250 Momentum Quality 100 ETF, offering passive exposure to small-cap companies selected on momentum and quality factors. The ETF aims to provide diversified participation in Indias small-cap segment through a rules-based investment strategy focused on stronger price trends and relatively sound fundamentals.
