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I asked ChatGPT whether the 50:30:20 budget rule fits my financial situation? It proposed
To budget effectively on a 1 lakh salary with 20,000 liabilities, consider a 55-20-25 rule instead of 50-30-20. Prioritize savings and investments while managing expenses and avoiding overspending through techniques like separate accounts and the 24-Hour Rule.
EPFO: Want to change your EPF account nomination online? Here's how you can a stepwise guide
EPFO: Want to change your employee provident fund account nomination online? Here's how EPF subscribers can use the official website to do so check the stepwise guide here
Silver futures decline to 2.4 lakh/kg
On the Multi Commodity Exchange, silver contracts for July delivery declined by 959, or 0.38% to 2,49,146 per kg in a business turnover of 673 lots.
Cost of free portfolio reviews: Why investors should steer clear of product pitches
Free portfolio reviews may seem promising, but if investors are not mindful, these can easily become an avenue for product pitches that may not fit or make sense for an investors goals or portfolio.
Planning a PF withdrawal? Check these details on your EPFO account first
Errors in service history, KYC details and nominations often go unnoticed for years. A few checks on the EPFO portal can help employees avoid future claim and transfer hassles.
Understanding Information ratio in mutual funds: Calculation, formula and significance
Information ratio shows a fund manager's ability to generate returns above a benchmark index relative to the level of active risk taken. It is typically useful to analyze the performance of equity mutual funds, index funds or ETFs.
Sensex, Nifty firm in midday trade, PSU Banks & consumer durables outperform
Market breadth remained positive. Of the 4,187 stocks traded on the BSE, 2,322 advanced, 1,676 declined and 189 remained unchanged.
Trust vs will: which is better for passing on wealth?
A will works for simple estates. But for NRIs, minors, special-needs beneficiaries and multi-jurisdiction assets, a trust can offer greater control, continuity and protection.
Who needs to file an ITR for AY 2026-27? Check the income tax rules
Investors reporting capital gains, taxpayers claiming refunds, individuals seeking to carry forward losses and those holding foreign assets may all need to file a return, even if their final tax liability is nil.
Gold futures drop to 1,52,530/10g
The index gained nearly 4.3% from 27,795.75 recorded on June 12, reflecting improving market sentiment triggered by US-Iran peace deal, softer crude and global market movement.
Dearness Allowance: Maharashtra Transport Minister Pratap Sarnaik announced a 5% DA hike for MSRTC employees last week. Notably, employee unions are demanding payment of DA and HRA arrears. Here's all we know.
Oil-led rally in India bonds runs into profit booking, US Fed guidance awaited
The yield on the benchmark 6.94% 2036 note was at 6.8563% as of 10:30 am, after closing at 6.8651% on Tuesday.
Booked losses in stocks or mutual funds? Why filing ITR may still be important
For investors, a loss-making year does not necessarily eliminate the need to file an ITR. In many cases, filing the return within the due date can preserve an important tax benefit by allowing losses to be carried forward and adjusted against future gains.
Bharat Forge shares steady, defence arm unveils Simha 4x4 armoured vehicle at Eurosatory 2026
The stock was trading at 2,022 on the NSE, marginally higher than its previous close of 2,012.30
Circle rate vs market value: the hidden factor that can make or break your home loan
A property's sale price, circle rate and lender valuation often differ. Understanding the gap can help buyers avoid funding shortfalls, tax surprises and last-minute loan rejections.
Investor sentiment received a boost from the sharp correction in global crude oil prices, which have retreated significantly over the past week
Rupee rises 31 paise to 94.29 against US dollar in early trade
Forex traders said the rupee opened on a positive note as Brent crude has fallen to near $79 per barrel a three-month low as markets price in the reopening of the Strait of Hormuz following the US-Iran framework.
Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Wednesday, 17 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.
Gold extends gains as rate-hike bets ease ahead of Fed verdict
Other precious metals also extended gains, with spot silver rising 0.3% to $70.38 per ounce, platinum rose 0.5% to $1,812.80, and palladium was up 0.3% at $1,355.65.
Riyaasat Lifestyle IPO opens June 18 to raise Rs 30.77 crore
The Ahmedabad-based firm, which sells ethnic wear for men and women, plans to use the proceeds for opening four new showrooms, meeting working capital needs and general corporate purpose
Indias gems and jewellery exports decline 2.49% in May amid high gold prices
Gold jewellery shipments fell sharply, while cut and polished diamonds, lab-grown diamonds and silver jewellery exports recorded growth during the month.
Sensex today | Stock Market Live: Stock to buy today: Mahanagar Gas
Sensex, Nifty, Share Prices LIVE: The short-term outlook has turned bullish for Mahanagar Gas. The rise on Tuesday has taken the share price well above the 200-Day Moving Average (DMA). It also confirms an inverted head and shoulder pattern on the chart. The price action shows that the momentum is gaining.
When should you exit a mutual fund? Watch these 5 warning signs
A weak year alone is not a reason to sell a mutual fund. But persistent benchmark underperformance, style drift and rising risk levels may signal deeper problems. Here are five indicators investors can use to determine whether a fund still deserves a place in their portfolio.
I asked ChatGPT for Indias best work-from-home locations. The answer went far beyond Goa and Manali
If you have the luxury of a laptop and a decent Wi-Fi connection, the world is quite literally your office. Here are the top 20 locations ChatGPT, beyond Goa and Manali:
I asked ChatGPT how to save 20% of my salary without giving up eating out | Here's what it planned
A 25-year-old Delhi professional seeks to save 10,000 monthly from a 50,000 salary. Strategies include meal planning, setting a monthly food budget of 12,000, and limiting dining out and food delivery to 5,000, while automating savings for financial stability.
FCNR accounts offer tax-free interest income in India and attractive returns for NRIs. Here's how you can use a leverage strategy to boost returns, along with a look at the risks associated with it.
Ahead of the 8th Pay Commission, employee bodies propose changes to gratuity rules, including a higher ceiling and revised calculations. Proposals include raising the cap to 50 lakh, periodic reviews, and better death benefits, reflecting a need for modernization in gratuity provisions.
ITR filing 2026: Only earning rental income? Check if you still have to file tax return
Rental income can be the sole earnings for taxpayers, especially retirees or property owners. Even without regular employment income, filing an income tax return is necessary. Tax obligations depend on various factors, including rental income amount, deductions, and overall tax position.
Improved global risk sentiment after announcement of US-Iran peace deal and easing of crude oil prices as a result of it boosted investor sentiment
Form 16, divided into Part A and Part B, is essential for salaried employees to prove tax deductions from their salary. Part A details employer and employee information, while Part B gives a detailed salary breakdown.
Paused mutual fund investments during the war? Experts suggest what to do now
For investors who have remained on the sidelines, experts say the bigger risk may not be short-term volatility, but allowing cash positions to remain uninvested for too long while waiting for perfect conditions that rarely arrive.
Sensex, Nifty, Share Prices Highlights: Indian shares closed higher on Tuesday, advancing for a third straight session, as a preliminary U.S.-Iran peace deal cooled oil prices and improved risk appetite.
Stick with something long enough and you will do ok: Bruce Keith
We have applied for an AIF licence and intend to launch our first fund this year, says Keith, CEO and Co-founder of InvestorAi
Sovereign gold bond redemption tax rules: Do you need to declare it while filing ITR?
Sovereign gold bonds offer exposure to gold without storing physical bullion, issued by RBI. Investors must be aware of the tax implications, as capital gains exemption applies only for original subscribers holding until maturity. Details here.
As per CEA projections, India is expected to add 683 GW capacity by FY36E, of which 600 GW would be non-fossil based capacity
HCLTech shares gain after 1,427 crore investment in Sarvam AI
The company had said it will acquire 41,421 equity shares in Axonwise Private Ltd, the parent entity of Sarvam AI, for a 10.46 per cent stake through a 100 per cent cash consideration.
Rupee extends gains, settles at 94.56 against dollar; markets eye Fed decision, Iran deal details
Rupee strengthens 0.2% amid improved sentiment and steady foreign inflows
Gold firms as US-Iran deal cools rate hike bets ahead of Fed meeting
Spot gold was up 0.8% at $4,341.39 per ounce at 0851 GMT
Cape Verde offers a unique travel experience for adventurous Indians, but its expensive and logistically complicated. The island nation has gone viral after its FIFA World Cup 2026 debut against Spain.
Nifty could hit 27,000-28,000 in CY26, says Monarch Networth; bullish on banks, telecom stocks
The brokerage estimates Nifty earnings per share (EPS) at 1,251 for FY27 and 1,443 for FY28, underpinning its positive outlook on Indian equities
Why your investment plan is only half complete without an exit strategy
Investors spend years building wealth but often ignore how it will be withdrawn. A sound redemption strategy can matter as much as fund selection in achieving financial goals.
Home loan overdraft vs regular loan: When a higher interest rate can still save you lakhs
A home loan overdraft lets borrowers park surplus cash against their loan while retaining access to it. Here's when the potential savings outweigh the higher interest rate.
FPI selling in BFSI: Why retail investors should focus on asset allocation over market timing
FPI selling in BFSI may trigger market volatility, but disciplined asset allocation and diversification can help investors manage risk, stay invested and build long-term wealth steadily.
ITR filing 2026: Do influencers have to pay tax on gifts, freebies and barter collaborations?
Social media creators now receive non-cash compensation like products and trips in addition to cash from brands. Although these benefits arent direct payments, they have tax implications based on their fair market value. Details here.
HCLTech shares gain 4% after 1,427 cr investment in Sarvam AI
The company had said it will acquire 41,421 equity shares in Axonwise Private Limited, the parent entity of Sarvam AI, for a 10.46 per cent stake through a 100 per cent cash consideration.
Want to invest in US stocks? Zerodha, Groww, Upstox and Angel One get key approval
Zerodha, Groww, Angel One and Upstox have received approval to offer international and US stock investing through GIFT City. The services are expected to be rolled out in the coming months after technology and compliance requirements are completed.
Led by US, exits from gold ETFs continue for the 5th week in a row
Last week, outflows were a record high for the year so far, as investors chose to cash out over $4 for every $1 inflow in these physically-backed funds
Earlier in the day, Sensex had climbed 460 points to 76,724.62, while Nifty 50 rose 124 points to 23,977.80, supported by a rally in global equities and cooling oil prices following the peace agreement between the US and Iran.
Sify Infinit puts 3,700 crore IPO on hold
Sify Infinit Spaces, the first pure-play Indian data centre operator to pursue a public listing, was seeking a valuation of as much as $4.2 billion in the proposed offering.
Its deferred, not abandoned, awaiting right window: SIS on IPO plan for cash logistics biz
In the latest annual report, the company said he intent (for IPO) is unchanged, adding that it has already filed the draft red herring prospectus (DRHP) for SIS Cash Services
ULIP income tax rules explained: Exemption criteria and how to report gains in ITR
The Union Budget 2025 expands the tax rules for ULIPs. Now, ULIPs with premiums beyond 10% of policy value are taxable. Maturity proceeds for policies issued from 1 February 2021 are no longer tax-exempt, unless received after an investor's death.
EPFO 3.0 update: UPI and ATM-based PF withdrawals, limits, rollout timeline and key changes
EPFO 3.0 will enable UPI and ATM-based PF withdrawals, increase limits, speed up claims processing and simplify access to provident fund savings. Here are the latest updates, recent developments and upcoming changes.
Turtlemint Fintech to launch 883-crore IPO on Jun 19
The price band has been fixed at 144-152 per share for the public issue, valuing the company at over 4,500 crore at the higher end.
Peak XV-backed HomeLane plans India IPO within two years to fuel expansion
The Bengaluru-based company, which bought rival Design Cafe in 2024, plans to step up investments in AI
US-Iran peace deal: Is it time to reduce gold & US fund exposure? Experts answer
The US-Iran peace agreement has eased concerns around oil prices and currency volatility. Experts say investors should review allocations to gold and international funds, but avoid making abrupt portfolio changes.
Why chasing last year's top-performing mid and small-cap funds keeps investors one step behind
The market's top-performing segment doesn't follow a rotation you can predict or systematically exploit. Large-caps lead one cycle, small-caps dominate the next, mid-caps have their moment - and none of it arrives on a schedule you can front-run by looking at last year's returns.
GIC Re shares tumble 6% as govt launches OFS to divest up to 5% stake
The decline came after the company informed stock exchanges on Monday that the govt plans to sell up to 2% stake, equivalent to 3.51 crore shares, through an OFS on June 16-17, 2026
BSE Sensex climbed 411.62points or 0.54% to 76,675.95 at 9.32 am after opening at 76,526.77; NSE Nifty 50 increased by 98.70 points or 0.41% to 23,952.60 after opening at 23,923.90
Rupee rises 5 paise to 94.53 against US dollar in early trade
On Monday, the rupee strengthened 60 paise to settle at 94.58 against the US dollar
MCX gold rate today for August futures contracts was trading 0.09% higher at 1,53,060 per 10 grams. MCX silver futures, on the other hand, were trading 0.4% lower at 2,51,130 per kg. Check the retail rates in your city.
Education loan rates June 2026: Compare SBI, PNB, ICICI, HDFC and other banks before you apply
Rising education costs make choosing the right education loan crucial. Compare Education loan rates for June 2026 from SBI, HDFC, ICICI and other banks to reduce borrowing costs and plan repayments.
Sensex today | Stock Market Live: Stock to buy today: Elecon Engineering Company
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Elecon Engineering Company. The stock has been in a good uptrend since April. The rise on Monday has taken the share price well above a key intermediate resistance level of 545. It also indicates that the upmove could be gaining momentum. Moving average crossovers on the daily chart also strengthens the bullish case.
Nischa Shah left 200,000 banking career to build a $1 million YouTube business- here's her story
Nischa Shah walked away from a high-paying career, gave up a six-figure bonus and turned a YouTube side hustle into a business generating more than $1 million annually.
Planning a family vacation in India during June requires carefully balancing the desire for pleasant weather against the reality of the Indian monsoon.
US-Iran agreement: Rupee touches 5-week high
The rupee closed stronger at 94.71 per US dollar, up 40 paise against the previous close of 94.11.
Gem, jewellery exports dip 2% on gold supply shortage, weak demand
Uncertainty over Iran war adds to the growing uncertainty
Gifting money to an NRI child: how is TCS calculated under LRS, and can you claim a refund?
A 25 lakh gift to an NRI daughter is tax-free in her hands, but the remittance may attract TCS under LRS. Here's how the rules differ for overseas and NRO transfers.
Got your Form 16 from employer? Here's what you should check before filing ITR
Form 16 forms the basis of income reporting in ITR. It is important to verify the details mentioned in it, including total income, tax deducted at source, exemptions, and deductions claimed during the financial year.
Why salaried taxpayers should not file ITR without Form 16: Key risks explained
According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally permissible, it can expose taxpayers to several reporting risks if proper precautions are not taken.
China vs Russia I asked Gemini which international solo trip is best under 1.5 lakh
If you want a trip where you can easily afford comfortable hotels, take high-speed trains across the country, eat wherever you want, and still have cash left over, choose
Sensex, Nifty, Share Prices Highlights: Benchmark equity indices ended higher for the second consecutive session on Monday, although they pared some gains in the latter half of the session amid profit booking. BSE Sensex settled 736.38 points, or 0.97 per cent, higher at 76,264.33 after touching an intraday high of 76,821.07. The Nifty 50 ended up 231 points, or 0.98 per cent, at 23,853.90 after hitting a high of 24,011.40.
Rupee rises 47 paise to settle at 94.71 against US dollar
At the interbank foreign exchange, the rupee opened at 94.70 against the US dollar and traded in the range of 94.45-94.77; it settled at 94.71 (provisional), up 47 paise from its previous close
Section 143(2) explained: Why the Income Tax Department may scrutinise your ITR this year
Sharp clarity on Income Tax scrutiny notices under Section 143(2) shows how returns are selected for verification, deadlines for notices, and compliance checks ensuring accurate tax filings and documentation. Check complete details now.
RBI flags rising money mule fraud: Why sharing your bank account can be dangerous
Banks and regulators are warning about the risks of money mule accounts in online fraud as digital transactions rise. The RBI advises customers to safeguard their accounts and be cautious of suspicious requests, as fraud cases remain a significant concern in the banking sector.
Money-market fund vs short-duration fund: Where to park your cash and why
Money-market funds primarily invest in short-term instruments maturing within one year, while short-duration funds invest in a mix of debt securities and money-market instruments with a portfolio duration of 1 to 3 years.
Gold curbs won't work. Financial innovation will
India's instinct to curb gold imports via higher duties and moral appeals is self-defeatingit drives up domestic prices, spurs exchange-traded fund inflows, and increases physical bullion demand. The solution is to shift gold ETFs to derivatives-backed structures to mobilise domestically held gold.
Silver jumps over 6,000 in futures trade as US-Iran deal boosts sentiment
In the past week, silver fell 2,351, or nearly 1 per cent, to 2.46 lakh per kg
Suzlon shares gain as brokerages back renewable energy expansion strategy
The stock traded at 56 on the NSE at 2.37 pm after touching an intraday high of 56.78 from the previous close of 55.08
Real-time lending: Why modern digital infrastructure is the future of credit
The lending industry is shifting to real-time infrastructure to meet borrower demands for speed and data security. APIs and modern platforms enable quick access to financial data, enhancing risk management and customer experiences.
Today marks the final day for stakeholders to submit their memorandum to the 8th Pay Commission. Major proposals include increasing gratuity payouts to 75 lakh and a revised calculation formula for government employees.
EPF Interest 2026: When will 8.25% interest be credited to your account?
Subscribers can track whether the annual interest has been credited through the EPFO passbook portal by logging in with their Universal Account Number (UAN).
Gold futures rise to 1.52 lakh/10g as US-Iran deal lifts investor sentiment
On MCX, the yellow metal for August delivery jumped 2,242, or 1.49% to 1,52,770 per 10 grams in a business turnover of 8,948 lots.
Crude oil near $80 per barrel: Could India see a drop in petrol, diesel and LPG prices?
WTI crude oil drops to around $80 per barrel today, while Brent crude falls nearly 4% to around $83.82 per barrel. However, key questions remain. Could India really see a fall in petrol, diesel and LPG prices following this development?
FD holder dies without nominee or will? Heres how families can claim the money
A missing nominee or will can delay access to savings. Understand how legal heirs can claim fixed deposits, the documents required, and the process banks follow after a depositor's death.
Sensex sustains over 76,400 mark, realty, auto, financials lead rally
At 1 pm, Sensex rose by 898.03 points to 76,425.98, reaching an intraday high of 76,821.07; Nifty 50 gained 275 points to 23,897.90
What are mutual funds buying? ICICI Bank, Lenskart, Gujarat Gas among top picks
Mutual funds increased exposure across a mix of banking, digital and energy stocks in May. Here's a look at the large-, mid- and small-cap names that attracted the highest inflows.
SBI shares rise, Jefferies sees 28% upside
The stock traded at 1,029.45 on the NSE at 12.15 pm, after hitting an intraday high of 1,034, compared with its previous close of 1,017.15
