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US-Iran deal optimism offers rupee, bonds a breather
The rupee fell to a record low of 96.96 per dollar last week before being shored up by firm central bank intervention, which helped it close stronger at 95.69 on Friday.
Sensex today | Stock Market Live: Stock to buy today: Saregama India(402.70)
Sensex, Nifty, Share Prices LIVE: The stock of Saregama India has been charting a sideways trend, largely between 315 and 370, since the beginning of this year.
Higher NPS returns: The PFRDA has sets up a panel to explore adding more asset classes to the national pension scheme to improve returns for pensioners, according to Chairman S Ramann. Here's all we know
How to move your PPF account between banks or post offices; Can it transferred to another person?
PPF account holders can transfer their accounts between banks and post offices without losing continuity. However, it cannot be transferred from one individual to another. Details here.
EPFO: What is scheme certificate, why do EPF members need it, and who is eligible? Top FAQs answered
EPFO: The Employee Provident Fund Organisation issues scheme certificate to EPF account holders. Here's why you may need it, when it is issued to members, who is eligible and other such FAQs answered
PPF vs SIPs: Here's how much corpus an investment of 2,000 per month for 30 years give you?
PPF vs SIPs: Planning your long-term investments? Take a look at how much corpus is generated from an investment of 2,000 per month for 30 years with the public provident fund and in mutual funds through systematic investment plans.
Gold, silver likely to remain rangebound as US-Iran negotiations near key stage: Analysts
Gold prices are expected to trade sideways next week. Silver, however, is likely to see gains. Traders are closely watching US-Iran negotiations for clues. Investors will also track US economic data and Federal Reserve policy. Crude oil prices saw a correction, easing some inflation worries. The rupee strengthened against the US dollar, limiting domestic gold price upside.
What is tax residency certificate and how to receive it in India? Details here
Indian residents earning income abroad and non-residents earning in India may face double taxation. To avoid this, double taxation avoidance agreements exist. Tax residency certificates are required to prove residency and claim benefits.
8th central pay commission: Here's how employee groups want pay structures to be changed, explained
8th central pay commission: Here's how the three big employee groups the NC-JCM, AIDEF and Maharashtra Old Pension Organisation, want central government employees' pay structures to be changed. We explain
How to update demat account details online? Complete guide for investors
Investors should keep their demat account information updated, especially KYC details. Changes in personal information must be promptly reported to avoid compliance issues. Here's how to update demat account details online.
How to redesign a 12 crore portfolio for clarity and long-term stability
A 42-year-old entrepreneur with 12 crore across equity, real estate and debt wants simplicity. Heres how to declutter holdings, align with goals, and structure surplus wealth smartly.
Dearness Allowance: Tripura has declared a 5% increase in the DA component of basic pay for state government employees, hiking salaries and pension payout of retirees from 1 April. Here's all we know
Switching brokers or gifting stock? Heres how to transfer shares to a new demat account
Investors may transfer shares between demat accounts for various reasons, such as switching brokers or gifting. Transfers can be done either through the online or offline method.
Gold offered at 450/g discount to Indian consumers after import duty hike
The bullion trade is passing on the benefits of importing the yellow metal at lower duty to spur demand
Credit card fees and charges: Here are top things to watch for to manage credit effectively
Credit cards incur various fees such as joining, annual, transaction, cash advance, and late payment charges. Fees can vary widely and may be waived based on spending. Understanding these costs is essential for managing credit effectively.
Hard vs Soft credit inquiries: 5 important differences that can impact your credit score
Knowing the difference between hard and soft credit inquiries is important for maintaining good credit health. Soft inquiries do not impact your credit score, whereas multiple hard inquiries within a short period can reduce it. Responsible credit habits can help you build a strong credit profile.
Top 5 flexi cap mutual funds to consider for SIP in a volatile market
Flexi cap funds are types of equity mutual funds that invest at least 65% of their collected money in equity and related instruments. They invest across large-cap, mid-cap, and small-cap stocks.
I gave ChatGPT a 10,000 budget for a summer trip Heres whether It chose Goa or Puducherry
Goa is ideal for energetic group vacations with nightlife and beach activities, while Puducherry offers affordability and relaxation. Goa's costs range 10,000- 12,000, whereas Puducherry can fit within 8,000- 10,000, making it suitable for budget-conscious travelers seeking a peaceful experience.
On May 24, gold prices in India remained stable with 24-karat gold at 159,340 per 10 grams. Silver prices also showed limited movement. The MCX is closed on weekends, affecting live trading rates.
Madhya Pradesh's Ladli Behna Yojana offers 1,250 monthly to over 1.25 crore women. Government employees are ineligible, while salaried women in private jobs can apply if their family income is below 2.5 lakhs. The scheme promotes women's economic empowerment since its launch in June 2023.
Investing through SIPs, it's essential to prioritize consistency and cash flow over frequency. Monthly SIPs are preferred for their efficiency and discipline, offering similar long-term returns as daily SIPs, while quarterly SIPs may underperform due to longer idle periods before investment.
NPS withdrawal rules 2026: how the new Retirement Income Scheme works
PFRDAs new NPS Retirement Income Scheme lets retirees keep non-annuitized corpus invested and withdraw it gradually till age 85. Here is what you need to know about the two withdrawal options and how to choose between them.
The most honest market advice right now: I dont know
As markets grapple with war, oil shocks and uncertainty, the temptation to forecast grows. But the most valuable advice may still be the simplest: stay invested and admit what no one knows.
Bank holiday next week: SBI, HDFC, others closed on these days between 25 and 31 May; check here
India's banks will be closed for two days next week, including May 27 for Bakrid. The RBI has declared nine holidays this month. Online banking remains operational during these closures, allowing customers to conduct transactions anytime.
What happens if you file the wrong ITR form? Consequences and how to fix it
The Income Tax department has notified ITR forms for FY 2025-26. Taxpayers must select appropriate forms to avoid defects that delay processing and refunds. Here's what happens if a person files the wrong ITR form.
In Bengaluru, high living costs limit savings for professionals. A ChatGPT inquiry about spending 20,000 monthly on an iPhone or investing it reveals significant financial implications, with potential wealth loss of 1417 lakh over five years if not invested.
Short on capital to buy stocks? Heres how margin trading facility can help
Margin Trading Facility (MTF) allows investors to buy stocks by paying a portion upfront, with brokers funding the rest. While it offers opportunities, it carries risks as borrowed amounts incur interest. Details here.
ChatGPTs opening response was direct and reassuring: Your goal should be to double your savings from 25,000 to around 50,000 per month
No Will? The crucial need for succession planning among modern women
For a Hindu woman dying intestate (without a Will), the legal line of succession depends entirely on the asset's originspecifically distinguishing between self-acquired and inherited property
A Reddit post highlights a family's struggle to locate a deceased father's financial assets, sparking discussions on the importance of organizing financial information for families. Here's what experts recommend to avoid such a situation.
Foreign investors have withdrawn over 2,20,000 crore from Indian equities in 2026, influenced by high oil prices and inflation. How should retail investors navigate this situation? Read to know
Can every EPF subscriber claim pension after retirement? Rules explained
The EPF scheme supports retirement savings with both employees and employers contributing 12% of basic salary. The EPS provides pensions for eligible employees after retirement. Details here.
FPIs pull out 3,325.83 crore from Indian equities in a week of two halves
Net buyers on the first two days of the week, FPIs turned aggressive sellers on the latter three days amid weakening global sentiment
On a trade-weighted basis, the rupee is fundamentally undervalued, creating a strong margin of safety for investors, the report says
Sales volume for the sector, comprising jewellery, coins and bars, is expected to decline 13-15% on-year this fiscal, after an 8% contraction last fiscal
Retirement planning: We asked experts how much corpus a 27-year-old freelancer, living in Chennai and planning to retire to Munnar, will require to support parents and slow work by 55 years of age. Here's what they said
Does debit card EMI affect your credit score? Everything you need to know
Debit card EMI influences credit score based on repayment behaviour, with timely payments improving credit profile while defaults or multiple loans may negatively affect borrowing capacity across financial institutions.
Thailand is ideal for nightlife and shopping, while Vietnam excels in affordability and culture, making it the best value. Sri Lanka offers a peaceful holiday. For 50,000, Vietnam provides a premium experience with quality accommodation and food.
Why the first crore feels slow, but the next comes faster 8-4-3 rule of compounding explained
Investing benefits from compounding over time, highlighted by the '8-4-3 rule' which shows how wealth accelerates. FundsIndia's report emphasizes patience, revealing that equities show true potential after seven years, with returns significantly outweighing contributions in the long run.
Missed a home loan EMI? Here are smart steps to avoid credit damage and manage loan repayment stress
Missing a home loan EMI can hurt your credit score and weaken your financial stability. Timely communication with your lender, smart repayment planning and expert financial advice can help you manage the situation effectively.
Parents can build a 1 crore corpus for their child by age 18 through early investments, averaging 8,000 10,000 monthly via SIPs. Compounding plays a key role, and delaying investment increases monthly contributions significantly.
I asked ChatGPT which SIP date gives best returns? Here's what AI said based on historical data
There is no single best SIP date for maximizing long-term returns; historical trends show negligible differences between dates. Staggered SIPs on the 1st, 15th, and 25th offer a balanced approach. Factors like increasing SIPs and maintaining asset allocation are more important for wealth creation.
Paytm Pocket Money to FamApp: 8 apps helping teenagers make digital payments without bank accounts
Teen-focused fintech apps like Paytm Pocket Money and FamApp are helping young Indians make digital payments without bank accounts through prepaid cards, UPI access, parental controls and budgeting tools.
On 23 May, gold prices in India remained stable, with 24-karat gold priced at 159,320 per 10 grams. Silver prices also showed limited movement, with 999 Fine silver at 272,250 per kg. MCX trading is closed on weekends, limiting live updates.
Delhi Chief Minister Rekha Gupta announced the resumption of issuing new ration cards from May 15 after 13 years. The government has cancelled 7.72 lakh invalid cards and is inviting fresh online applications, with eligibility limits for annual family income raised from 1 lakh to 1.20 lakh.
Petrol and diesel prices rose by up to 91 paise per litre, marking the third increase in less than 10 days. Analysts predict further hikes may be necessary as oil companies face significant losses due to elevated crude prices stemming from the West Asia conflict.
Bank holiday today: Are SBI, HDFC Bank, and other banks closed on Saturday, May 23?
All banks in India are closed on May 23, 2026, due to the scheduled bank holiday on the fourth Saturday. This closure is part of the RBI's holiday schedule, with banks also closed on specific Sundays and local holidays varying by state.
Emirates NBD to launch open offer for 26% stake in RBL Bank from June 1
The offer will open on June 1 and close on June 12.
Can PPF investors open multiple accounts in different banks? Rules explained
The Public Provident Fund (PPF) is a government-backed savings scheme in India, offering 7.1% interest with tax benefits. Individuals can only maintain one account to prevent misuse of tax benefits.
Why rushing to file your income tax return (AY 202627) could be a mistake
Modern tax compliance has transformed into an entirely data-driven process. Contemporary income tax returns are never evaluated independently
Taxpayers who earn capital gains are required to report them when filing their income tax returns using the appropriate ITR form.
ITR filing: How NRIs and foreigners are taxed in India and why residential status matters
Tax liability of individuals is influenced more by residential status than citizenship under Indian tax law. NRIs and foreign citizens may be taxed based on their days in India and income nature. Here's what you need to know.
Interim order alleges the operators first bought SME stocks, pushed them on X, WhatsApp and Telegram, then sold them after prices rose
SAMHI Hotels posts record PAT of 5,665 million in FY26, stock gains 2.3% on results day
The stock closed at 150.08 on the NSE on Friday, up 2.35%, but is down nearly 19% from its 52-week high of 254.50
Deepa Jewellers gets SEBI nod for IPO
The proposed IPO of the Hyderabad-based company is a fresh issue of up to 250 crore and an offer-for-sale of up to about 1.18 crore shares by the promoters Ashish Agarwal and Seema Agarwal
Employers paycheque: From workforce to wealth creators
SEBI should address operational challenges when an employee quits an organisation
8th Pay Commission: Key Lucknow meetings begin on 22 June all you need to know
8th Pay Commission Update: The commission's Lucknow visit is scheduled for 2223 June and appointment requests have to be submitted before 10 June. Check out the latest developments and how the fitment factor has risen from 1.86 to 2.57.
Income tax returns 2026-27: Should pensioners file ITR? Tax rules, forms and deductions explained
Many retirees may believe that ITR filing is optional. Pension income is taxable, requiring ITR submission based on total income. ax rules, forms and deductions explained here.
How multiple credit card applications impact your CIBIL score and approval chances explained
Requesting an additional credit card requires strategic planning to enhance approval chances and protect financial health. Frequent applications can negatively impact credit scores, so stagger requests to minimise adverse effects while considering your credit history.
Smart financial planning tips for parents: SIPs, insurance, savings & child investment plans
Financial planning for children includes SIP investments, term insurance, health cover, Sukanya Samriddhi Yojana, emergency savings and legal protection to secure a prosperous future for every family across the country.
EPFO to allow PF withdrawal via UPI soon: Heres how instant EPF withdrawals will work
EPFO will soon enable members to withdraw Provident Fund money via UPI, according to Union Labour Minister Mansukh Mandaviya. Heres how instant EPF withdrawals will work.
How to achieve financial stability with smart budgeting on 1 lakh monthly salary
Smart budgeting on a monthly salary of 1 lakh depends on effectively managing in-hand income, controlling expenses, prioritising savings, and diversifying investments for long-term financial stability.
Credit card EMI vs minimum due: Which option is better for your credit score?
Credit card EMI conversion lets you pay off large transactions in smaller, fixed monthly instalments with interest. Here's how it is different from paying the minimum due and which option is better for your credit score.
Rupee rises 63 paise to close at 95.73 against US dollar
Forex traders said markets found some comfort after comments from US Secretary of State Marco Rubio hinted that diplomatic talks linked to the Iran situation were moving in a constructive direction.
Jewellery sales volume will drop to 10-year low on high prices, hike in import duty
Despite the expected decline in volume, the sector is poised to achieve a robust revenue growth of 20-25% y-on-y, driven by higher realisations, as per Crisil Ratings report.
Equity, debt or gold? This portfolio mix delivered the best risk-adjusted returns
Asset allocation is crucial for long-term wealth creation. A balanced portfolio of equities, debt, and gold offers stability and higher returns, as shown in FundsIndia's report. Diversification reduces volatility and downside risk, ensuring a smoother investment journey over time.
A seven-day Sweden trip sounds romantic on paper, but when flights, visas, hostels and daily costs are added up, is Sweden actually realistic for a middle-class Indian traveller on a 1.5 lakh budget? We asked ChatGPT for a brutally honest financial and logistical breakdown.
PPF investment with disciplined annual contributions and long-term compounding can help investors build a 1 crore corpus and generate more than 50,000 stable monthly income through guaranteed interest returns, all one needs is proper planning and patience.
Nifty pushes toward resistance as broader market rallies
Trent led the Nifty 50 gainers, surging 2.94 per cent to 4,292.90 on volumes of over 6.69 lakh shares
West Bengal's Annapurna Yojana will replace the Lakshmir Bhandar program, offering 3,000 monthly assistance to eligible women from June 1.
Gold futures drop to 1,59,085/10g
On MCX, gold contracts for the June delivery traded lower by 521, or 0.33% at 1,59,085 per 10 grams in a business turnover of 790 lots.
Mufin Green Finance shares rise on strong FY26 results; AUM nearly doubles
At 11.59 AM, the stock was at 122.75, up 0.71% from its previous close of 121.89, with buy orders dominating at 70.41% of total quantity traded
How long do you need to stay invested to avoid negative returns? This data has an answer
FundsIndia's report highlights that long-term equity investment, defined as 7 years or more, is essential for wealth creation. Historically, equities have shown strong recovery after market downturns, with significant returns over extended periods compared to real estate and debt instruments.
Got a bonus to invest? Gold at record highs and markets choppy, this 50:50 formula may work better
Investors are facing challenges in volatile markets, with traditional options like fixed deposits yielding 6-7.5%. Experts recommend a disciplined investment approach, splitting funds between Arbitrage Funds and Nifty 50 Index Funds for long-term growth.
Capital Group increases Adani bets while reducing Reliance exposure
The move reflects growing investor interest in Indias infrastructure, energy transition and manufacturing sectors, alongside improving confidence in Adani Group after recent legal and regulatory developments.
Welspun Corp slips 3.5% after strong FY26 results; buyback in focus at Welspun Living
The stock opened near its previous close of 1,330.20, touched an intraday high of 1,306.80, before sliding to a low of 1,252.20
Price volatility keeps India gold demand subdued, China premiums ease
Dealers in India quoted discounts of up to $78 an ounce over official domestic prices this week, inclusive of 15% import and 3% sales levies
ITC slides as cigarette tax overhang keeps analysts cautious despite FMCG beat
The selling pressure follows the companys 4QFY26 results which analysts broadly flagged as non-comparable due to a mid-quarter restructuring of cigarette taxation effective February 1
Should retirees in India use credit cards? Key benefits and risks explained
Credit cards for retirees offer secure cashless payments, rewards, emergency liquidity and credit score benefits, but disciplined usage is essential to avoid debt, fraud risks and financial strain. Proper professional guidance must be taken before deciding on any particular credit card.
An ideal annual travel budget for someone earning 15 lakh, with monthly EMIs of 20,000 and fixed expenses of 30,000, ranges from 1.2 lakh to 2.5 lakh, allowing for meaningful travel without compromising financial goals.
Nykaa gives up opening gains as sell-side divergence widens after record results
Nykaa posts record EBITDA margin, profit jumps 313%
Rupee Rises 18 Paise to 96.18 Against US Dollar in Early Trade
Foreign Institutional Investors offloaded equities worth Rs 1,891.21 crore on a net basis on Thursday, according to exchange data.
RCF shares jump 9% after Q4 profit more than doubles
The company reported a standalone profit after tax of 188.63 crore for the quarter ended March 2026, sharply higher from 72.65 crore in the corresponding quarter last year.
Rupee plunge sees India turn to 2013 taper tantrum playbook
The urgency has grown after the rupee slumped to a record low of nearly 97 per dollar this week, driving up import costs and further eroding investors confidence
A stable income allows flexibility in emergency fund duration. A 9-12 month runway is advisable in tech for financial security. For a 30 lakh earner with 90,000 monthly expenses, a six-month fund of 5.5-6 lakh is baseline, while 11-12 lakh is ideal for a year.
Gold prices fell on MCX on Friday morning as a stronger US dollar weighed on the yellow metal. Gold has remained under pressure over the past two months following the US-Iran conflict, with soaring crude oil prices boosting the dollar and raising concerns about a fresh spike in inflation.
LIC shares gain 5% after Q4 profit rises 23%, brokerages bullish
Brokerages turned more bullish following the earnings announcement, citing sustained margin improvement, better product mix and attractive valuations
