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EPF e-nomination can be considered invalid if you miss this key step Here's what to do
EPFO mandates e-nomination for EPF members to ensure smooth transfer of benefits to nominees upon a member's death and avoiding legal disputes. Members must complete e-signing via the EPFO portal to validate nominations. Here's how to do it.
PFRDA launches StAR NPS: How the new digital onboarding process works and charges applicable
NPS will be easier to join with the launch of StAR NPS, a digital onboarding platform designed to streamline enrolment and contributions while minimising paperwork. Details here.
Provident Fund guide: What are EPF, VPF and how to check your PF passbook
The Provident Fund (PF) is a crucial long-term savings option for salaried employees. Here's how EPF and VPF work and how you can keep a track of your contributions and account balance via PF passbook.
Sold a residential property? Here's how you can save tax on capital gains
Long-term capital gains from property sales are eligible for tax exemptions if reinvested in another residential property within specified time frames. Here's how to park your capital gains in the meantime and claim exemption.
Facebook users part of the $725 million privacy settlement will receive second payments starting June 9. Check whether you are eligible for the payout and the amount that you may receive.
Why you should file your ITR before by the deadline: Top 3 benefits for taxpayers
The ITR filing season for FY 2025-26 is ongoing, with forms notified. Filing late can cause stress, errors, and penalties. Here's why you must file your ITR within the due date.
Are tokenized funds a threat to mutual funds and ETFs? Explained
Tokenisation of funds is the process of representing shares in a traditional investment vehiclesuch as a mutual fund, ETF, or private equity fundas digital tokens on a blockchain.
A detailed calculation of raising a child in metro cities of India has left people surprised. Reportedly, the school fees are rising at a rate of 10 to 12 per cent per year. Check it out.
Dearness Allowance: Assam, Arunachal Pradesh, Bihar, Odisha, Tamil Nadu and Uttar Pradesh have announced DA hikes in 2026 so far. Here's a look at how much increase each state has rolled out for employees
Capital has no nationality, FII are selling India despite the growth story 5 key factors to look at
FIIs withdrew roughly 1.98 lakh crore in the first four months of 2026 alone, vastly exceeding the 1.66 lakh crore withdrawn in all of 2025.
SpaceX IPO draws strong European retail demand but experts warn of high risks
However, experts warn that the companys high valuation, limited float and lack of voting rights could expose retail investors to significant risk.
Why SpaceX faces a longer wait to join S&P 500
SpaceXs planned blockbuster IPO may reshape tech markets, but its path to the S&P 500 will not be immediate, as the index maintains strict eligibility rules on profitability, free float and trading history. The decision pushes inclusion to at least 2027, delaying potential passive fund inflows worth billions
A data analyst has sought advice on Reddit after he received a job offer for 36 lakh pa salary in Mumbai, which gives him less in-hand pay compared to his current 25 lpa job in Gurugram. Here's how netizens reacted
The favourite hill stations of Himachal Pradesh and UttarakhandShimla, Manali, Mussoorie, Nainital, and Kulluare often packed with tourists during the summer months.
Indias changing relationship with gold: From ownership to financial utility
No longer is the discussion about whether Indians will continue owning gold; rather, how well they can leverage that gold in Indias journey towards economic success
Small-cap mutual funds reward timing, not just risk-taking: Data reveals smart strategy to invest
Small caps have indeed outperformed over the long term, but the magnitude of this outperformance seems too small to justify the additional risk.
Gold Rate Today: Here are gold rates in key Indian cities on Saturday, 6 June 2026. Check the price of 18K, 22K and 24K gold in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai today.
Gold falls most in two months as jobs fuel Fed rate-hike bets
Bullion declines as much as 3.4% as bond yields and dollar climb
AI chip stocks lose $1.3 trillion in value as semiconductor selloff deepens
Major AI and chip companies were hit hard, with NVIDIA shedding more than $300 billion in market value, while Micron Technology, Advanced Micro Devices and Marvell Technology posted steep losses.
Facebook privacy settlement cheques: Meta is issuing additional settlement payments to class members with approved claims who successfully cashed their initial payment. Here's all you need to know about the process
Nasdaq suffers biggest drop since April 2025 as chip stocks lead selloff
The tech-heavy Nasdaq Composite fell 4.18 per cent, marking its steepest one-day decline since April 2025, while the S&P 500 dropped 2.64 per cent and the Dow Jones Industrial Average lost 1.35 per cent.
8th Pay Commission: Central govt employees want old pension back but can India afford it?
Demanding for OPS, All India NPS Employees Federation (AINPSEF) said in its memorandum, it provides social security and financial stability after retirement.
I asked ChatGPT if a lavish destination wedding makes sense at 50 LPA: AI breaks down actual costs
I asked ChatGPT if I should go for a lavish destination wedding at Umaid Bhawan Palace. AI broke down the actual costs of the event.
Why did a 20-year-old take a 40 lakh loan to study abroad? A viral video on social media, explains the reasons why the now 22-year-old made the decision to take on an expensive loan to complete her Masters abroad
Bitcoin has lost more than half its value since reaching a peak above $126,000 in October last year and is now worth less than it was when crypto-friendly Trump retook the White House.
SBI MF buys stakes in two Adani Group firms for 5,747 crore; GQG Partners exits holdings
The transaction follows SBI Mutual Funds recent purchase of a stake in Adani Enterprises, signalling continued institutional interest in Adani Group companies.
Bank holiday today, June 6: Are SBI, HDFC Bank, and other banks closed on Saturday?
The Reserve Bank of India (RBI) has listed a total of eleven holidays this month due to national, regional, and religious holidays.
Contra funds explained: How they work, key risks, benefits and top 3 options for investors
A contra fund is a type of equity mutual fund that follows a contrarian investment strategy and is required to invest at least 65% of its assets in stocks. Let's explore in detail what contra funds are, their benefits and risks, the key factors to consider, and the top 3 contra funds.
Home loans: Types, eligibility, tax benefits and application process explained
Before applying for a home loan, borrowers should understand the various loan options available, eligibility requirements, interest rates, tax benefits and the documentation required.
Despite earning 2.2 lakh monthly, Mumbai couple struggles to save. Reddit explains why
A Mumbai-based man has sparked a lively debate online after revealing that he and his partner, who collectively earn 2.2 lakh a month, are struggling to save money.
Why SpaceX, OpenAI, Anthropic IPOs are a pipe dream for Indian investors
Retail investors rarely get IPO allocations, as US companies allot shares largely to institutions. The chance of Indians getting allotment is almost nil
NSC vs tax-saving FD: All you need to know about returns, lock-in periods and tax benefits
While both National Savings Certificates and tax-saving FDs share a standard five-year tenure, they differ significantly in compounding frequency, interest rates, and overall structures.
RBI holds rates, rupee surges as markets close flat to negative
The BSE Sensex closed at 74,243.34, down 116.67 points, while the Nifty 50 ended at 23,366.70, down 49.85 points
Government exempts FIIs from taxes on interest income and capital gains from Indian government securities, aiming to attract global investors and stabilize the rupee. All you need to know.
A Bengaluru-based couple has gone viral after sharing a detailed breakdown of their family's monthly expenses, revealing they spent 1.66 lakh in May.
Indian families often include a spouse's name in property titles for strategic and practical reasons. Opting for shared ownership can safeguard a partner's financial future, streamline estate planning, and significantly reduce the likelihood of bitter inheritance conflicts down the line.
CMR Green Technologies IPO subscribed 123 times so far on final day
The IPO, priced in the range of 182-192 per share, is entirely an offer-for-sale of up to 3.28 crore equity shares by promoters and an investor-selling shareholder
ATMs are running out of cash. Should you be worried? Explained
ATMs could run short of cash as operators face challenges in replenishing machines, despite India having a record 42.54 lakh crore in currency circulation.
Rupee rises 81 paise to close at 94.93 against US dollar post RBI policy decision
MUMBAI, June 5: The rupee appreciated 81 paise to close at 94.93 (provisional) against the US dollar on Friday after the Reserve Bank announced measures to support foreign capital inflows and strengthen forex liquidity. Forex traders said the announcements in the RBI policy boosted investor sentiments after the apex bank asserted that the countrys forex reserves provide a sufficient buffer against external shocks. The Reserve Bank on Friday expectedly kept interest rates unchanged for the second time in a row [] The post Rupee rises 81 paise to close at 94.93 against US dollar post RBI policy decision appeared first on Daily Excelsior .
Repo rate unchanged: The next move for FD investors and home loan borrowers
RBI governor announced the unchanged repo rate of 5.25% with a 'neutral' policy stance, citing inflation risks from geopolitical tensions. Here's what it means for fixed deposit investors and home loan borrowers.
Income-tax returns: NRIs are subject to income-tax in India depending on their residential status. Here's a look at the applicable tax slabs, surcharge rate, rebate, and marginal relief that they can claim while filing ITR.
PPF Scheme 2026: Interest rate, tax benefits, maturity, withdrawal rules Key feature explained
Backed by the government, PPF Scheme 2026 is widely used for retirement planning and wealth creation.
31,000 on fitness? Bengaluru's millennial couple describes monthly expenses of a family of 3
A millennial couple living in Bengaluru provided a breakdown of monthly expenses of a family of 3. Let's have a look at their lifestyle through their expenditure.
Gold futures drop to 1,58,011/10g
Analysts attribute fall to weak global cues
India plans up to 2% stake sale in Hindustan Zinc via OFS, may raise $525 million
The stake sale is expected to be launched this month or in July as part of the governments broader asset monetisation programme
HCC bags 127 crore Bhutan Hydropower contract, stock edges up
The scope of work covers construction of diversion tunnels, hydromechanical gates, and cofferdams
RBI holds repo rate at 5.25%; markets rise as financials gain, metals drag
The MPC raised FY27 inflation projection to 5.1% and trimmed GDP growth to 6.6%, citing global risks including West Asia conflict, crude oil volatility, and rupee weakness
he submission process was originally launched on March 5, 2026, with the deadline first set for April 30, before being pushed to May 31
8th Pay Commission: Pensioners seek age-based pension enhancement; here's what the proposal means
8th Pay Commission: Representative groups have made various demands regarding pension revisions to the panel. Here's a look at the age-based enhancement proposal, what it means and how it would work for pensioners.
Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision
MUMBAI, June 5: The rupee appreciated 50 paise to 95.24 against the US dollar on Friday after the RBI liberalised norms for FPI investment in government securities. Forex traders said the announcements in the RBI policy boosted investor sentiments after the apex bank asserted that the countrys forex reserves provide sufficient buffer against external shocks. At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.24 in intraday trade, registering a rise of 50 paise from its [] The post Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision appeared first on Daily Excelsior .
Earning 50 lakh a year But are you actually rich? What the math says
A 50 LPA salary definitely feels impressive. It looks great on LinkedIn. It feels great for the ego. But theres one small problem. The moment you stop working the 50 LPA stops too.
Hindalco shares slip 1.45% at early trade
The stock has returned 74.52% over one year and 24.26% year-to-date, significantly outpacing the Nifty 50
Dearness Allowance: Here's how your 2% DA hike was calculated using AICPI's 12-month average
Dearness Allowance: We explain how 2% DA hike for central government employees and pensioners, announced in April, was calculated using the AICPI's 12-month average as prescribed by the 7th pay commission.
ACME Solar raises 2,800 crore via QIP, shares hit 52-week high
Shares of ACME Solar responded positively on the NSE, touching 359 a fresh 52-week high before trading around 352.30, up roughly 1.86% from the previous close of 345.85
SEBI, in its interim order dated June 3, 2026, alleged that Rajesh Exports had prima facie misrepresented nearly 15.15 lakh crore in revenues linked to its subsidiaries and step-down subsidiaries between FY21 and FY25.
I asked ChatGPT to compare Russia, Japan and South Korea for a 1 lakh budget tripThe math says
Choosing between Russia, Japan, and South Korea for a trip under 1 lakh, South Korea emerges as the best value option. Detailed itineraries for each destination highlight unique experiences and attractions, with Japan standing out as the top choice if the budget allows flexibility.
Rupee inches up, defies Asian peers; caution prevails before RBI policy
Rupee rises 8 paise to 95.66 against US dollar in early trade.
ITR filing AY 2026-27: Which ITR form should you file to avoid tax notices?
Filing an Income Tax Return starts with selecting the right ITR form based on your annual income, sources of income and taxpayer category. There are seven ITR forms, and selecting the right one is essential to avoid errors and remain compliant with tax regulations.
Gold slips, set for weekly loss on West Asia tensions, rate-hike fears
Investors are now awaiting the May US nonfarm payrolls data, due later in the day, to gauge the Fed's monetary policy path
The policyholder remains the weakest stakeholder: Bejon Misra on what ails Indias insurance sector
Consumer policy expert Bejon Misra says opaque pricing, weak grievance redressal and poor insurer accountability continue to leave policyholders at a disadvantage.
PPF, SSY, NPS Vatsalya and MF share many similarities on paper, but their differences become apparent when you actually need to access your money.
Indias hidden AI winners are powering a data centre-led stock market rally
Strong spending by hyperscalers and rising demand for power, cooling and connectivity equipment have propelled stocks such as Sterlite Technologies, HFCL and MTAR Technologies, creating what investors call the AI capex trade
Fintech and payment gateway services provider BharatPe has launched BharatPe Flex. It said the product allows customers access to the flexibility of a credit line integrated into the UPI experience. Here's how to sign up, features and all you need to know
Stocks in focus, June 5: Ola Electric QIP, Maruti flex-fuel Wagon R, Inox Clean-Vena Energy deal
Corporate India remained active with fundraising, acquisitions, strategic partnerships and capacity expansion, as Ola Electric completed a 780-crore QIP, Inox Clean Energy announced a major renewable energy acquisition, and Maruti Suzuki launched Indias first flex-fuel passenger vehicle
Pune woman shared breakdown of 2.2 lakh monthly expense for a family of 3. Let's find out what is burning her cash EMI's or rent.
Sensex today | Stock Market Live: Stock to buy today: Zee Entertainment
Sensex, Nifty, Stock Price Live Updates: The stock of Zee Entertainment Enterprises (ZEE) has been rallying since April. The ongoing rally began after the scrip found support at 68. On Thursday, it surged over 10 per cent, breaking out of a key resistance at 97. This is also the neckline of an inverted head and shoulder and thus, the pattern now stands confirmed.
Health insurance: How to reduce out-of-pocket costs during claim process
A few proactive steps can significantly reduce surprises at the time of a health insurance claim
EPFO interest update: When FY26 interest payment is likely to be credited and how to track it
EPFO retained the EPF interest rate at 8.25% for FY2025-26. Interest payment delay expected between June and September 2026. Check status by looking for 'Int. Updated up to 31/03/2026' entry in the passbook.
Two actively managed equity fund categories, each built on a distinct logic of portfolio construction - one defined by breadth, the other by deliberate concentration.
When reinvestment fails: A look at the tax implications of unused Capital Gains Account Scheme funds
Section 54F is a tax-saving provision designed to encourage residential housing investments by exempting LTCG on non-residential assets, capped at a maximum investment threshold of 10 crore.
GIFT City-based Marcellus Global Equities Fund to open on June 8
The new fund offer will open on June 8 and close on June 19
India gold ETFs see first monthly outflow in a year as investors book profits
Outflow follows hike in import duty to 15 per cent as prices hit 1,64,497 per 10 grams
Hexagon Nutrition raises 41.7 crore from anchor investors ahead of IPO
The company allotted shares to a group of institutional investors, with Bandhan Small Cap Fund leading the anchor book with an investment of around 12 crore
SEBI to sharpen tech-led surveillance as online investment frauds evolve
Regulator has facilitated takedown of over 1.4 lakh misleading posts in 18 months; more investor-protection tools in the works
HDFC MF restricts investments in gold ETFs, FoFs
Fund house restricts lump-sum subscriptions in its gold ETF schemes until further notice
India has 78,000 crore in unclaimed bank deposits, 14,000 crore in unclaimed insurance funds, and 3,000 crore in unclaimed mutual fund investments. So, let's find out the different types of unclaimed assets and how you can check whether any belong to you, and the steps to claim them.
Step-by-step guide to file ITR online: Know the complete process from registration to verification
Filing an ITR involves following a series of steps to ensure all details are reported accurately. The Income Tax Department provides a pre-filled ITR-1 filing service on the e-Filing portal for registered users. This guide covers the step-by-step process of filing the ITR-1 form.
Nifty holds ground ahead of RBI decision; Midcaps outshine
The Sensex closed at 74,360.01, up 13.84 points or 0.02%, while the Nifty 50 settled at 23,416.55, gaining just 10.95 points or 0.05%
Sensex, Nifty, Stock Price Highlights: After a negative opening, benchmarks ended flat. Sensex was up 13.84 pts or 0.02% to end at 74,360.01, Nifty 50 inched up 10.95 pts or 0.05% to 23,416.55.
The price-to-earnings (P/E) ratio is one of the most common metrics for valuing a stock. By incorporating earnings growth, the PEG ratio provides a more comprehensive view of whether a stock is fairly valued relative to its earnings growth.
Rupee closes marginally weaker ahead of crucial central bank rate review
The rupee closed at 95.7850 per US dollar, up from 95.7050 on Wednesday, fluctuating in a narrow range due to weaker Asian currencies and importer hedging following a central bank intervention
FOMO is reshaping investing behaviour. Are Indias financial advisers keeping up?
As traditional wealth management models begin to fray, the industry must pivot toward real-time engagement and behavioural coaching to stay relevant.
Meeshos AI discovery engine PRISM now drives over 75% of orders
PRISM is designed around browsing and discovery behaviour
ITR deductions reduce your taxable income by subtracting certain expenses from gross income. Today we take a look at the various medical and healthcare related deductions available under the old tax regime
Indias wealth boom has a problem: 84.8% of households do not have a will, study finds
1 Finance Magazine has found that 84.8% of Indians have no will, and 62.5% have no plans to make one, highlighting weak estate planning, limited financial awareness, and rising inheritance disputes amid growing intergenerational wealth transfers.
Indri Whisky maker Piccadily launches travel retail-exclusive Ilika at $80
Ilika is matured in a combination of ex-Spanish Sherry and ex-American Bourbon oak casks at the companys distillery near the Himalayan foothills
Tata Communications stock rises 2%; new study exposes AI infrastructure gap in global enterprises
The stock has gained over 25% in the past month and trades at a price-to-earnings ratio of 54.77, with a total market capitalisation of approximately 56,259 crore
