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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 ETF vs EGR vs digital gold: Whats the smarter way to invest in yellow metal?
There are several ways to invest in gold, including Gold ETFs, Electronic Gold Receipts, and Digital Gold. But which option is best for regularly investing your surplus monthly income? Lets explore.
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.
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.
US-focused funds have outperformed Indian equities over the past decades, raising questions on allocation. Abhishek Kumar warns against excessive investment in US equities, advocating for a 5-15% allocation for diversification while noting the risks and tax implications for Indian investors.
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.
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
Can freelancers use presumptive taxation under Section 44ADA? Rules explained
Freelancers in India can simplify tax filings using Section 44ADA, allowing them to declare at least 50% of gross receipts as taxable income. Details here.
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
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.
With a dedicated credit limit for business expenses, the card can be used across a wide range of expenses including office supplies, digital marketing spends, SaaS subscriptions, and business travel.
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.
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.
National Pension System: PFRDA clarifies NPS charge structure what you need to know
The PFRDA has clarified that NPS Tier-II accounts will incur annual maintenance charges (AMCs) similar to Tier-I accounts. The AMC for dormant accounts will be 10% and PRAN opening charge shall apply only at the time of initial PRAN generation.
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.
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
Missed life insurance premium payments? Know when your policy may lapse and revival rules
Life insurance provides financial protection for policyholders' families upon their death. Premiums can be paid regularly or as a lump sum. Here's when your policy lapses and ways to revive it among other details.
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
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.
Private banks steer indices higher; rupee rallies for second day as Iran tensions cool
Gains in private banking counters, strong corporate earnings offset concerns around high crude oil prices
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.
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.
RBIs rupee defence persists after at least $2 billion intervention on Thursday
The RBI intervened via large state-run banks before the market opened on Thursday, triggering a rally in the rupe
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
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.
Honasa shares hit 52-week high, up 6% after strong Q4 results beat street estimates
The rally follows Q4FY26 results announced on the last trading day, with brokerages largely reacting positively
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
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.
Gold slips on stronger dollar, Fed rate-hike bets
Spot gold was down 0.3% at $4,527.60 per ounce
8th Pay Commission: How to use fitment factor calculator to estimate your revised salary
Discussions on the 8th Pay Commission focus on the fitment factor, crucial for salary and pension hikes for central government employees.
Rupee seen sliding to 100 per Dollar as Oil prices surge
Already one of Asias worst performers against the dollar this year, the rupees slide has spurred the RBI to cap the banks end-of-day positions in the onshore currency market at $100 million
Max Healthcare shares fall 6%, lead Nifty 50 losers after Q4 earnings
The company reported a consolidated profit after tax of 387 crore for the quarter ended March 31, 2026, up 3% y-o-y from 376 crore in the corresponding quarter last year
Nifty holds steady as defence rallies, FIIs stay wary
Among the top gainers on the Nifty 50 in early trade, SBI Life Insurance led with a 0.84% rise to 1,875.50, followed by Tata Motors (TMPV) at 364.30, up 0.82%
Q4 Results Today Live Updates: Stay tuned to Businessline for the latest live updates on Q4 earnings.
Why Invesco MF's Vikas Garg sees a tactical opportunity in long-duration debt funds
After a sharp rise in bond yields driven by oil prices, fiscal worries and possibility of US Fed hike, Invesco MFs Vikas Garg says long-duration debt funds may still offer a tactical opportunity.
Rupee's RBI-spurred relief rally to fade on Asia FX weakness, hedging
The currency snapped its losing streak on Thursday, driven largely by aggressive pre-market dollar selling from the Reserve Bank of India
Flat opening seen for Indian equities despite positive Asian market cues
Analysts expect the ongoing consolidation phase to continue, with market activity largely driven by sector rotation and stock-specific opportunities rather than a broad-based rally.
Buzzing stocks: Central Bank, DalmiaCement, Eicher Motors, Tejas Networks, Cryogenic OGS, others
Several companies remained in focus after announcing key developments including the governments OFS in Central Bank of India, Dalmia Cements asset acquisition, Eicher Motors JV with Volvo, Tejas Networks telecom skilling pact and multiple order wins and expansion plans
Sensex today | Stock Market Live: Stock to buy today: Dr. Agarwals Health Care
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Dr. Agarwals Health Care. The 4 per cent rise on Wednesday has take the share price well above the key resistance level of 470. This also confirms an inverted head and shoulder pattern on the chart. This is bullish pattern.
The PFRDA is assessing the demand to increase the monthly pension cap under the APY from 5,000, according to PFRDA Chairman S Ramann. The subscriber base is projected to exceed 10 crore in FY27, showing an 18% growth.
