42 C 
Make your salary-based personal loan work for you: 5 smart borrowing tips for fixed-income earners
Fast access to credit is reshaping borrowing as salary-based personal loans offer flexible funding and customised repayment plans. However, understand the basics and discuss with certified financial advisors before applying for such loans.
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Investors spend years building wealth but often ignore how it will be withdrawn.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.
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.
US Treasury-focused mutual funds emerge as top performers among debt funds
MFs that invest in international FoFs with direct exposure to US Treasury bonds have gained 5.4% so far in 2026 and 14.4% over the one-year period, the best performance in the fixed income category.
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
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.
ITR filing AY 2026-27: Complete guide to income tax slabs for senior and super senior citizens
Under the Income Tax Act, a senior citizen is defined as a resident individual aged 60 years or older, but less than 80 years during the previous year. A super senior citizen is a resident who is 80 years of age or older. Here are the income tax slabs applicable to senior and super senior citizens.
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
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.
Super 30 founder Anand Kumar launches free global learning platform Super Infinity
Education costs are rising rapidly. To ensure their children receive a good education, parents take out personal loans and fall into debt. Anand Kumars Super Infinity offers free maths lessons, exam preparation and innovative learning tools to help students succeed without added financial burden.
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
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.
Can EPFO recover PF money after employers violation? Telangana HC delivers key ruling
The Telangana High Court has ruled that EPFO cannot recover provident fund dues from an employee for an employer's alleged violation of EPF rules. The court said liability for transferring PF accumulations after surrender of the exemption rests with the employer and trust.
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
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.
Why FCNR deposits at 6-7.1% rates are attractive for NRIs
For most NRIs, the right way to use this window is to use their disposable savings to make a deposit for three to five years and leave the leverage to those equipped for its risks.
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.
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
Average maturity shows when the fund's underlying bonds are expected to mature, macaulay duration indicates how long it takes to recover the investment through cash flows, and modified duration measures how sensitive the fund's NAV is to changes in interest rates.
Home loan rates start at 7.15% this June 2026, giving borrowers a chance to cut borrowing costs by carefully comparing lenders, charges, repayment options and loan features.
Gold extends gains after US, Iran reach peace deal
The pact will be officially signed on Friday in Switzerland, Pakistani Prime Minister Shehbaz Sharif said
Mutual fund investing: 5 key ratios to check before choosing a fund
Returns alone don't tell the full story of a mutual fund. Here's how alpha, beta, Sharpe ratio and other key metrics can help investors assess risk and performance.
Book profits or stay invested at market highs? Historical data may settle the debate
The analysis of 25 years of rolling market data suggests that remaining fully invested in equities gave better long-term returns rather than systematically transferring gains to debt after reaching pre-defined profit targets or market highs.
The Annual Information Statement (AIS) provides taxpayers with a comprehensive and consolidated view of their financial data. It includes the taxpayer's TDS and TCS details, specified financial transactions (SFT), tax payments, demand and refund records.
Asian stocks surge on US-Iran peace deal and Strait of Hormuz reopening
Oil prices tumble as benchmarks in Tokyo and Seoul gain over 5% amid easing geopolitical tensions
US-Iran peace deal: Rupee perks up 54 paise in trade so far
The Indian currency is trading at 94.5725 per USD, up 54 paise from the previous close of 95.11
Sensex jumps 1,300 points, Nifty reclaims 24,000 as Iran-US peace deal cools oil prices
Sectorally, realty, financial and banking stocks led the gains, while all sectoral indices except pharma and healthcare traded in positive territory
Vedanta lists 4 demerged entities
Vedanta demerges four businesses, listing aluminium, oil and gas, power, and steel as separate entities on stock exchanges
8th Pay Commission developments: Key updates include consultation visits, an extended memorandum deadline and stakeholder outreach across multiple states. Here are the latest updates from the official website.
Rupee likely to strengthen on US-Iran peace deal as oil prices tumble
Currency seen opening at 94.80-94.85 per dollar with hopes of renewed dollar inflows
Razorpay files confidential IPO papers, eyes $600 million-plus public issue
Razorpay is reportedly targeting a valuation ranging between $5 billion and $6 billion
Gift Nifty signals strong opening as Iran-US deal lifts global market sentiment
Analysts expect improved risk appetite, foreign inflows and a broader market recovery
8th Pay Commission: 15 June marks key compliance deadlines, including the submission of memoranda, advance tax payments and Form 16 issuance affecting employees, pensioners and taxpayers.
16 stocks including RIL, TCS, Tata Motors, Meesho, Hexaware and JSW Energy in focus
Indian markets are likely to track a host of corporate developments on Monday, with Reliances Jio Platforms, Tata Motors, Meesho, IT companies, energy firms and infrastructure players in focus after key business announcements.
Sensex today | Stock Market Live: Stock to buy today: Kotak Mahindra Bank
Sensex, Nifty, Share Prices LIVE: The stock of Kotak Mahindra Bank has been rallying since early April as it found support at 350. Last week, it extended the uptrend and posted a gain of nearly 7 per cent. Consequently, it made a higher high and also broke out of resistance levels at 393 and 400, opening the door for further rally.
Why these 8 pharma and healthcare stocks will be in focus on Monday
Pharma and healthcare stocks are likely to remain in focus on Monday as companies announce key developments, including new drug launches, regulatory updates, strategic partnerships and expansion plans
NRIs who become tax residents in India can defer tax on foreign retirement accounts until withdrawal by filing Form 40. This applies to accounts in the US, UK, Canada, and Australia, and offers relief from accrual taxation. Details here.
Tax-free income in India: 5 sources every taxpayer should know about
Certain income types are exempt from taxation under the Income Tax Act, helping taxpayers minimize their tax liabilities. Here are some options you can consider.
ICICI Lombard warns that car insurance claims for damage from E20 fuel in older, non-compatible vehicles may be rejected, as such usage could be seen as negligence. Details here.
Can mutual fund gains be used to repay a home loan and claim Section 54F exemption?
Home-loan repayment is not eligible for Section 54F relief, if the property was purchased outside the prescribed time window.
Rupee level not a threshold, exchange rate a shock absorber: CEA Nageswaran
Attempting to rigidly defend a particular level could be counterproductive for the wider economy, says Nageswaran
Salaried taxpayers can choose between old and new tax regimes until the ITR deadline. Employers will apply the new regime if no preference is communicated, but the final choice rests with the taxpayer during ITR filing. Details here.
A working professional seeks a practical Work-From-Anywhere experience for a month-long family vacation in India. ChatGPT suggests 5 suitable destinations, recommended based on work and family needs.
What makes UIDAI's new Aadhaar app different from mAadhaar? Do you need to transfer data manually?
The mAadhaar app will be replaced by a new Aadhaar app, launched on January 28, 2026, to enhance privacy and control over data. Here's what makes the new app different and whether you need to transfer data manually.
As of June 14, 2026, senior citizens over 60 can access higher FD interest rates, with extra benefits for those over 80. Various banks offer additional rates.
IRDAI has issued guidelines on Migration and Portability for health insurance, allowing policyholders to transfer benefits between insurers or within the same insurer, ensuring continuity of waiting periods and accrued bonuses under certain conditions.
Foreign Portfolio Investors (FPIs) influence Indian markets but their control has diminished. Increased domestic participation has reduced reliance on foreign capital, allowing the market to remain resilient even during significant FPI outflows in recent years.
Use the 3/20/30/40 rule for home loans to buy a house without straining your finances
Avoid costly borrowing mistakes with the 3/20/30/40 rule for home loans as a guide to efficient home loan planning. This simple framework helps homebuyers manage EMIs, reduce debt burden and maintain long-term financial stability. It is prudent to consult a financial advisor while planning a loan.
10 lakh lump sum vs 10,000 SIP for 100 months - which built a bigger corpus?
Investors often compare lump sum investing and SIPs for wealth growth. A lump sum involves a single, large investment, while a SIP allows regular, smaller contributions. Lump sum may be ideal for large sums, while SIPs benefit those who invest gradually from salaries.
On June 14, gold prices in India remained stable, with 24-karat gold at 150,900 per 10 grams. Silver saw limited movement, with 999 Fine priced at 247,630 per kg. Prices reflected Friday's closing levels as the MCX remains closed on weekends.
The real cost of parenthood? Man says he spent nearly 4 lakh before daughter turned 6 months
According to Chakravarty, expenses begin immediately after pregnancy is confirmed, with regular doctor visits, scans, blood tests and medicines. He estimated that medicines and supplements alone cost his family between 1,500 and 2,000 per month during the pregnancy period.
Home loan insurance adoption jumps 7X in 5 months: What's driving India's borrowers to sign up?
Home loan insurance adoption has surged sevenfold recently, driven by borrowers seeking to protect families from loan liabilities. Most purchasers are aged 31-45, primarily salaried professionals.
As global capital chases AI, are Indian large caps valuations now attractive?
Driven by a bruising $30-billion foreign institutional sell-off, the Nifty 50 has dropped back into its historical valuation average, potentially opening up rare entry points for long-term investors, experts told Mint.
Gold's rally may be changing your portfolio in ways you haven't noticed
A rising gold price may feel reassuring, but a hedge that grows too large can become the biggest risk in your portfolio. Here's why rebalancing matters.
Eligible nominees for EPF include spouses, children, and dependent parents. Members without families can nominate others, but the nomination becomes invalid if the member later acquires a family.
The 8th Pay Commission's discussions focus on the fitment factor, crucial for salary hikes for central government employees in India. The report submission may extend to July 2027, with a potential multiplier between 2.28 and 3.83 affecting over 1.1 crore beneficiaries.
