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Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Saturday, 13 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.
8th Pay Commission: 10 lakh interest-free car loan, festival bonus among new demands Details here
Discussions on the 8th Pay Commission have sparked interest, as NC-JCM proposes new advances for salary revisions. Key proposals include a vehicle advance of up to 10 lakh and restoring the Natural Calamity Advance
SpaceX allocated a record 20% of its IPO shares for retail investors, driving strong first-day trading. Experts felt that retail buying was what pushed SpaceX shares 19% on their first day of trading.
Earning FD interest? Why you should submit Form 121 TDS provisions explained
A bank deducts 10% TDS if the interest payable on a customers fixed deposit exceeds 50,000 ( 1 lakh for senior citizens) in a financial year. A customer must submit Form 121 to avail a TDS exemption. However, interest must still be declared at the time of filing the ITR.
SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Investors are optimistic about its potential but face volatility as SpaceX is unprofitable with a price-to-revenue ratio of 112.
29-year-old laid-off MNC employee with 5 crore net worth asks: Should I be satisfied?
The Redditor shared that his personal net worth stands between 5 crore and 6 crore, while his wife's assets are worth approximately 2 crore. He added that his wife, who earns 40,000 per month, has reassured him that she would stand by him during this period.
5 powerful money lessons I learned from the worlds first trillionaire, Elon Musk
Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments create more wealth than chasing quick gains, highlighting the importance of a long-term approach to investing.
HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must do now.
Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.
Why let gold sit idle? Here's how gold leasing can help investors earn returns
Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while retaining ownership. Details here.
Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?
The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pay?
The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Banks and fintech firms have been asked to strengthen onboarding and fraud-detection frameworks.
Are gifts received at wedding exempt from taxation? Here's what newlyweds should know
Indian weddings involve cash, gold, and gifts, which may raise tax concerns for newlyweds. The income tax law allows exemptions for gifts received during marriage, but they must still be disclosed as income. Details here.
Whether it is an ageing parent requiring months of specialised nursing post-surgery, a stroke survivor needing extensive physical rehabilitation, or a patient recovering from severe respiratory illness relying on supplemental oxygen, long-term care takes a toll.
Two representative groups Indian Railways Technical Supervisors Association and Railways Senior Citizens Welfare Society are seeking better pay levels, salary structure, annual increments, DA hike and allowances for employees and pensioners.
I asked ChatGPT to plan Ladakh trip under 20,000. The itinerary surprised me
My ChatGPT prompt: Please analyse whether a Ladakh trip is realistically feasible within this budget. If it is, create the most practical and enjoyable 4-day itinerary, taking into account travel time, acclimatization requirements, and major attractions.
Think a 20% market correction is rare? 45 years of Sensex data says otherwise
The Sensex has witnessed an average intra-year drawdown of 20% since 1980, yet nearly 80% of calendar years ended with positive returns.
Missed your credit card payment by 1 day? Heres what happens to your credit score
Missed a credit card payment by one day? A one-day delay usually does not affect your credit score, but repeated late payments can harm your credit profile and borrowing prospects. Try to understand loans, credit cards & other forms of debt clearly before applying so that you don't miss due dates.
I asked ChatGPT to do the wedding math: Whats a realistic budget in Delhi?
I asked ChatGPT to plan my wedding budget in Delhi. It suggested three budget scenarios conservative, moderate and premium. Read below to see which one of these it recommended.
More than 4,400 former and current employees are set to become millionaires after SpaceX starts trading on Friday, even as CEO and the world's richest man, Elon Musk seems poised to become the first-ever trillionaire.
Quant Small Cap Fund increased exposure to Adani Enterprises and eight other stocks in May while reducing holdings in Aurobindo Pharma and four more. The fund also added six new stocks, exited three positions and maintained a defensive tilt through a higher large-cap allocation.
7 mutual funds multiplied investors' wealth up to 20 times in two decades. Check the performers
Seven equity mutual funds turned long-term investments into 12-20 times their original value over 20 years. Midcap and flexicap funds dominated, with Nippon India Growth Mid Cap Fund leading wealth creation.
Dearness Allowance: Today we explore why DA and fitment factor decisions are significant when it comes to deciding how much salary and pension hike central government employees' and retiree can get under the 8th pay commission.
Mid-caps beat large-caps over 20 years; here's the hidden cost of outperformance
Mid-caps delivered stronger long-term returns than large-caps over the past two decades. But the outperformance came with significantly longer and deeper drawdowns, highlighting a trade-off often missed in CAGR comparisons.
Sectoral and thematic mutual fund inflows saw a significant drop in May, falling by 67%. This decline suggests investors are moving away from concentrated bets towards diversified strategies. Experts believe this trend reflects a natural shift during market uncertainty. While some sectors show strong performance, others lag, making sector selection challenging.
Gold and silver ETFs gain up to 5% on US-Iran peace hopes. Should investors add exposure now?
Gold and silver ETFs gained sharply on Friday as precious metal prices rallied amid optimism over a potential US-Iran peace agreement. Experts advise investors to maintain 510% portfolio exposure through Gold ETFs and silver funds, using a staggered investment approach and avoiding panic-driven decisions.
On 12 June, gold prices rose amid peace deal hopes in the Middle East conflict, with MCX gold trading at 1,50,320 per 10 grams. US President Trump's statements brought optimism, despite awaiting concrete developments on the situation.
Manish Kumar linked the decline to a number of factors, including rising living costs and demanding work cultures. He cited the example of a Delhi couple earning 50 lakh annually to illustrate his point.
Elon Musk's SpaceX had a bumper $75 billion IPO and is set to propel the world's richest person into trillionaire status. Here's a look at whether Indians can get a share of the pie and how much a $10,000 investment in the rocket company could yield.
Best value funds to invest in June 2026
Value investing has dominated the Indian stock market, with value funds delivering strong returns while growth funds lagged. Investors are advised to understand the merits and demerits of this strategy, as it requires patience and may involve periods of underperformance. A maximum of 20% investment in value funds is recommended.
Bengaluru woman loses 98.4 lakh in digital arrest scam: 5 ways to protect yourself
A shocking digital arrest scam cost a Bengaluru woman 98.4 lakh after fraudsters posed as police officials. Know five warning signs to avoid cyber fraud and protect your savings. Make sure that you promptly report such scams so that future victims can be protected and awareness can be spread.
Mis-selling, not claims, is life insurances biggest problem: Aviva CEO Asit Rath
Aviva Life Insurance CEO Asit Rath says tighter regulations are pushing the industry away from commission-led selling toward life-stage advice, data-driven underwriting and long-term customer engagement.
Wealth management for women: 4 smart strategies to tackle key financial challenges
Financial independence starts with smart choices. Wealth management for women becomes easier through disciplined investing, retirement planning, financial confidence and structured strategies that support long-term financial security and wealth creation.
Smart financial protection meets savings with ABSLI Anmol Akshaya, a goal-based plan by Aditya Birla Sun Life Insurance that offers wealth creation, family cover and women-centric benefits. Check the complete details of the plan.
Missed filing income tax returns for years? How to use ITR-U to clear your backlog
To help taxpayers catch up on missed filings or report previously unrecorded income, the government introduced the Updated ITR (ITR-U) framework.
Can missing 15 trading days over 27 years cost investors 1.9 crore? The data says yes
FundsIndia analysis shows that missing just 15 trading days over 27 years would have cut a 2.84 crore corpus to 95 lakh. The data highlights how a handful of market sessions have driven a disproportionate share of long-term equity returns.
Tax-loss harvesting explained: Key things mutual fund investors should know before booking losses
Tax-loss harvesting can help mutual fund investors offset capital gains and improve post-tax returns. However, experts say investors should stay focused on asset allocation, reinvestment and long-term wealth creation while using the strategy.
LTCG: How to save long-term capital gains tax key exemptions and errors explained
Sections 54, 54B, 54EC, and 54F represent the most effective pathways to claim these tax reliefs, tax experts say.
Fund of Funds explained: Meaning, types, benefits and limitations you must know
Fund of Funds (FoFs) are a type of mutual fund that does not invest directly in stocks, bonds, or other asset classes. Instead, they invest in other mutual fund schemes or just track an ETF or index fund.
After you file the ITR, the Income Tax Department processes the return and issues an intimation under Section 143(1) of the Income Tax Act. If you notice an error in your processed ITR, you can submit a rectification request through the e-filing portal.
What changes in ITR-3 for F&O traders?
The revised tax form mandates split reporting of derivatives turnover and profits, improving AIS-based data matching and raising compliance pressure on futures and options traders
Hybrid Long-Short Funds have dominated SIF inflows since October 2024, accounting for 72% of the total Rs 13,625 crore invested across strategies, according to ValueMetrics.
Looking for best mutual funds to invest in? Here are the top 10 picks
Choosing mutual funds based only on online rankings or recent performance can be misleading. ETMutualFunds shortlisted 10 equity funds across five categories using rolling returns, consistency, downside risk, outperformance and asset size. Investors should select funds based on financial goals, investment horizon and risk appetite.
NFO Alert: ICICI Prudential Mutual Fund launches Nifty Smallcap 250 ETF
ICICI Prudential Mutual Fund has launched the Nifty Smallcap 250 ETF, offering exposure to 250 emerging companies. The NFO is open till June 16. The passive fund aims to track the index with minimal cost, targeting investors seeking diversified, long-term participation in Indias growing smallcap segment.
A crucial phase begins as the 8th Pay Commission advances consultations and extends submissions, while fitment factor demands gain momentum ahead of recommendations that will affect lakhs of employees and pensioners.
Income-Tax Returns: The presumptive taxation scheme simplifies I-T compliance for small businesses, professionals, and freelancers by allowing them to declare income as a fixed percentage of turnover without maintaining detailed books of accounts.
Why many people fail at retirement planning: 5 mistakes to watch out for
A small mistake today can weaken your finances in the future. Avoid common retirement planning mistakes, tackle inflation, diversify investments and build a stronger retirement corpus for long-term financial security.
Concerned about their dependency on EMIs for ordinary expenses, a salaried individual seeks an analysis of his financial habits. ChatGPT obliges.
Dearness Allowance: Assam, Arunachal Pradesh, Bihar, Odisha, Tamil Nadu, Uttar Pradesh Check the full list of states that have announced DA hikes and states such as West Bengal and Himachal Pradesh, that are considering pay increases for employees.
Mutual fund SIP stoppage ratio slows down to 95% in May, new SIPs surpass discontinued ones
The mutual fund SIP stoppage ratio dropped to 95% in May, indicating more new SIPs were registered than discontinued. This positive trend, with 54.16 lakh new SIPs against 51.70 lakh stoppages, signals growing investor confidence despite market volatility. Robust SIP inflows of Rs 30,954 crore continue to power the industry's growth.
Want to triple your money? Understanding the Rule of 114 and how it works
The Rule of 114 helps estimate when your money could triple through compounding, while other popular personal finance rules can support smarter investing, budgeting and long-term financial planning.
Portfolio obsession: when constant monitoring hurts returns
Patience and letting the portfolio be may look like inaction. But that may be the best action for the health of ones wealth
CBDT issues ITR scrutiny guidelines for FY27; these 6 cases will face mandatory checks
The CBDT has identified six categories of cases that will be compulsorily selected for complete scrutiny during FY 2026-27. According to the guidelines, notices for returns filed during FY 2025-26 must be issued on or before 30 June 2026.
Are mutual fund investors losing interest in gold ETFs and multi asset allocation funds?
Gold ETFs and multi-asset allocation funds experienced a moderation in investor inflows last month, with gold ETFs seeing a net outflow of Rs 725 crore. Experts advise against over-interpreting single-month data, emphasizing long-term portfolio objectives and strategic asset allocation over short-term trends.
Travel insurance claims denied? Here are the mistakes travellers make most often
Travel insurance covers far more than medical emergencies, but claim success often hinges on disclosures, documentation and meeting strict policy conditions.
What intrigued social media users even more was Pooja's claim that the swimming pool owner earns from the same resource in more than one way.
Frozen bank account access can disrupt daily finances. Understand common reasons, required documents, timelines, and practical steps to unfreeze a bank account quickly and avoid future account restrictions.
Gold and silver ETFs tumbled on Thursday as precious metal prices fell sharply amid heightened geopolitical tensions, rising crude oil prices and inflation concerns. SBI Gold ETF was the worst-hit gold fund, while silver ETFs also posted losses, prompting investors to reassess buying opportunities in the segment.
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Sunday presided over a meeting of the Finance Department and reviewed the financial situation of the State. Here's what was discussed on arrears, pension and dearness allowance.
Best focused mutual funds to invest in June 2026
Focused equity mutual funds, investing in a maximum of 30 stocks, offer the potential for higher returns but also carry increased risk. These schemes require a higher risk appetite and a longer investment horizon of around seven years. Investors can explore recommended funds like 360 ONE Focused Equity Fund, SBI Focused Fund, Sundaram Focused Fund, and Quant Focused Fund.
Hidden credit report errors can hurt your credit score: Here are 5 ways to dispute them
Spot hidden credit report disputes before they harm your credit score. Correcting errors promptly improves creditworthiness, protects your financial reputation and strengthens access to loans and credit cards.
Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Thursday, 11 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.
2,000 monthly SIP can grow to nearly 38 lakh in 25 years through compounding: Here's how
Small investments can deliver big results. A 2,000 monthly SIP earning 12% annually can grow to nearly 38 lakh in 25 years through compounding.
War-wary, May equity MF inflows fall 40% to year low
Equity mutual fund inflows experienced a significant 40% drop in May, reaching a 12-month low of 22,908 crore. This decline, the steepest since May 2023, occurred as investors reduced lump-sum investments due to escalating West Asia conflict concerns. Meanwhile, Systematic Investment Plan (SIP) flows remained robust, showing only a marginal decrease.
What you must know when gifting money to your child in the US
A family gift may be tax-neutral, but it is not compliance-neutral. Proper documentation, LRS compliance and timely US reporting can prevent a genuine family gift from becoming a compliance issue.
Not transferring your PF when switching jobs could cost you tax-free withdrawal benefits Here's why
Transferring your EPF balance when switching jobs is essential for maintaining tax benefits and continuity of service. Unlinked accounts can complicate withdrawals and lead to taxes.
Fintech firms PhonePe and CRED are testing credit card rent payments with select users, potentially relaunching the feature next month after regulatory concerns halted it last year. What are they and how they differ from wallet loading?
RBI revives FCNR(B) swap window for NRIs; can it replicate the 2013 inflow boom? Explained
The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.
ELSS funds see 650 crore outflow; are tax-saving mutual funds losing relevance?
According to data released by the Association of Mutual Funds in India, ELSS funds recorded net outflows of 650 crore in May, marking the fifth consecutive month of redemptions this year. The category has witnessed net outflows in 13 of the past 14 months.
The 7 lakh tax rebate from the Union Budget 2023 aimed to ease the tax burden on middle-income earners but it also led to a shift in investment patterns of salaried taxpayers. Details here.
ITR filing AY 202627: Difference between ITR-1 and ITR-4 who should file which form?
ITR-1 is generally filed by salaried individuals or pensioners, while ITR-4 is meant for individuals earning income from business or profession.
How to file a complaint in consumer court and seek redressal Step-by-step process explained
Consumers who are unsatisfied with a product or service can file complaints in consumer courts, provided they have necessary documents and the seller refused to provide a resolution. Full details here.
Death doesn't end income tax liability: Who is responsible for paying a deceased person's tax dues?
Tax obligations of a deceased taxpayer remain, requiring legal heirs to file returns and settle dues. Under the Income-tax Act, liability is limited to the estate's value, protecting heirs from personal financial burden beyond inherited assets.
8th pay commission: From submission of feedback and memorandum from employee representatives, job applications for consultant posts, and the scheduled state visits Check here for list of key dates and deadlines
13 mutual funds collect Rs 471 crore in May, Motilal Oswal Contra Fund contributes Rs 267 crore
Sebi proposes consolidated disclosure norms for executive pay at AMCs
Sebi has proposed enhanced remuneration disclosure norms for mutual fund asset management companies, including consolidated disclosure of executive pay and employee count. The regulator also suggested limited access to scheme-level fund manager remuneration details for investors to strengthen transparency and corporate governance.
Will AI take jobs? Vijay Kedia points to refrigerators, electricity and highways for answers
In a post on X on 9 June, Vijay Kedia addresses the common concern that AI will take jobs. The ace investor says history suggests a different possibility. Refrigerators, electricity, highways, and the Internet created opportunities for entire ecosystems, and AI may follow the same path.
Gold ETFs see first outflow in a year, silver ETFs bleed for fourth straight month
Gold ETFs saw their first outflow in over a year in May, while silver ETFs extended losses for the fourth straight month, according to AMFI data. Gold ETFs recorded an outflow of Rs 725 crore versus an inflow in April, while silver ETFs saw a Rs 2,133 crore outflow, taking total withdrawals over four months to Rs 3,770 crore.
AMFI data: Gold ETFs record first monthly net outflow in 13 months. Here's why
AMFI data shows Gold ETFs posted their first monthly outflow in 13 months in May. Profit booking and weaker fresh investments weighed on flows despite rising gold prices.
EPFO 3.0 will expand the retirement fund body's digital services and online presence through a system update that will allow subscribers to undertake paperless withdrawal or transfer of provident fund.
What Nippon India Small Cap Fund bought and sold in May 2026 top 10 holdings revealed
Nippon India Small Cap Fund is the largest open-ended small-cap mutual fund in India with an AUM of 72,673 crores. Here's a closer look at the fund's portfolio activity in May 2026, highlighting the stocks it added and trimmed during the month, along with its top 10 holdings.
Should I stop investing and kill debt first? Ive been thinking about it for some time now. It was time to ask ChatGPT.
Retired with Rs 4 lakh in mutual funds? Here's what an expert suggests before starting an SWP
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.
Today marks Prime Minister Narendra Modi's tenure as India's longest-serving elected PM in continuous office and 12 years since the formation of the National Democratic Alliance (NDA) government. Against this backdrop, we take a look at some of the changes for taxpayers.
Nuvama Wealth receives final SEBI approval to launch mutual fund business
Nuvama Wealth Management has received final Sebi approval to enter the mutual fund business through Nuvama Asset Management. The company plans to initially launch products under the Specialized Investment Fund (SIF) framework before expanding its mutual fund offerings, leveraging its wealth management expertise and extensive client base.
Jio BlackRock ETF: 1st launch likely by August after building 18,000 crore AUM
The Jio Financial Services-BlackRock joint venture plans to launch its first ETFs in India by August as it expands its presence in the country's passive investing market.
Five equity mutual funds delivered strong SIP returns over 10 years, with top schemes nearing 24% annualised gains. Small-cap funds led performance, but experts advise aligning investments with risk profile and long-term goals.
ChatGPT's analysis was shocking because of the striking difference between reality and assumption.
AMFI Data: Mutual fund SIP inflows slip 1% to Rs 30,954 crore in May
May SIP Data: The monthly inflows remained above the Rs 30,000 crore mark for the third consecutive month. On yearly basis, the SIP inflows went up 16% from Rs 26,688 crore in May 2025. Overall, equity mutual fund inflows declined 40% month-on-month to Rs 22,907 crore in May from Rs 38,440 crore in April. However, on a year-on-year basis, inflows rose 20% from Rs 19,013 crore recorded in May 2025.
AMFI Data: Equity mutual fund inflows tumble 40% to Rs 22,907 crore in May
Among the 11 sub-categories, flexi cap funds remained investors favourite, attracting the highest inflow of Rs 5,175 crore in May, compared with a record-high inflow of Rs 10,147 crore in April.
