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WazirX launches zero trading fee subscription model to shake up India crypto trading
NEW DELHI, Mar 26: Crypto exchange WazirX introduced a flat-fee subscription model with its platform restart, aimed at reducing trading costs for retail investors, as digital asset adoption accelerates in India. The platforms ZERO plan replaces traditional percentage-based brokerage fees with a fixed monthly charge of Rs 99, allowing users to execute unlimited trades for zero-fee across more than 300 tokens. WazirXs ZERO model represents a structural shift from transaction-based pricing to access-based pricing. By introducing a flat Rs 99 [] The post WazirX launches zero trading fee subscription model to shake up India crypto trading appeared first on Daily Excelsior .
SEBI reviews HDFC Bank chairmans exit letter
(The) examination is to verify claims made in the resignation letter and whether other directors were aware of any material information and did not document them, sources said
Navi UPI ties up with Sunrisers Hyderabad
Its now the official payments partner for Sunrisers T20 season
Using company car for personal use? Income Tax Rules 2026 may increase your tax; heres how
New Income Tax Rules 2026 will increase income tax for employees using company cars for personal reasons. The valuation of this perk has been revised upwards, impacting both old and new tax regimes. These changes take effect from April 1, 2026. Employees will face higher tax outgo on company-provided vehicles for mixed usage.
The Ministry of Finance has removed the power of Tax Recovery Officers to arrest individuals for pending tax demands. This taxpayer-friendly initiative, detailed in the Finance Bill 2026's explanatory memorandum, aims to streamline recovery processes. While arrest is no longer an option, other methods like attaching bank accounts and seizing property remain available.
Gold prices showed signs of recovery on March 25, 2026, after a mostly down month. Experts anticipate continued volatility due to geopolitical factors and US Fed interest rate uncertainty. Major Indian jewelers like Tanishq, Joyalukkas, Kalyan Jewellers, and Malabar Gold & Diamonds reported 22k gold prices around Rs 13,465 per gram on March 26, 2026.
Mutual fund NFOs: 5 new funds are open for subscription now. Check details
Allianz Jio Reinsurance commences operations
The combination of JFSLs local reach and digital infrastructure with Allianzs robust underwriting and global reinsurance scale will empower insurers with the capacity and expertise needed to manage risk effectively, the two JV partners said in a statement.
HDFC Bank is revising its Insta Alert SMS service charges, with new rates effective May 1, 2026. Customers will see a reduction in per-message fees from 20 paise + GST to 15 paise + GST. Email alerts will remain free, offering a cost-effective way to monitor transactions.
These 11 equity mutual funds have lost over 12% in 2026. Check details
Equity mutual funds have delivered negative returns in 2026 amid market volatility, with 11 schemes declining over 12%. Mirae Asset Focused Fund led losses, followed by Motilal Oswal and Tata funds. Nearly 300 funds posted declines, highlighting broad-based pressure across categories, including ELSS, flexi cap, and focused funds.
DA hike news: Has the government announced it yet? Latest update for central employees
Taxpayers can now have their income tax refunds from the old 1961 Act set off against demands under the new 2025 Act, and vice versa. The government's explanatory memorandum clarifies this cross-law adjustment, ensuring seamless processing of refunds and tax dues between the two legislative frameworks.
New labour codes in India: How changes in wages, PF and gratuity are impacting your salary
Meme stocks, short squeezes, and FOMO: The Reddit effect that rewired how a generation invests
Top 5 mutual funds which are better than fixed deposits in 1 year. Check details
Five debt mutual funds, primarily from the credit risk category, have delivered higher returns than traditional fixed deposits over the past year. However, these funds come with higher risk. Investors should assess risk appetite carefully before considering such short-term alternatives to conventional bank deposits.
Less than half of equity mutual funds delivered positive returns in FY26, with international funds leading performance. Experts advise caution, recommending measured allocations and diversification rather than chasing past returns. For FY27, a constructive outlook suggests focusing on diversified equity funds and large-cap categories.
Rs 2 crore retirement fund at risk during market crash? Heres how to make it more resilient
Vinayak Magotra, product head & founding team, Centricity WealthTech, says for someone eyeing a retirement in a few years from now, they can start rebalancing their retirement portfolio at least 24 months before the actual retirement date. Nehal Mota, co-founder & CEO, Finnovate, suggests bucket strategy is an effective way to manage this risk at retirement, where one needs to allocate 35 years of expenses in low-risk instruments like liquid funds or fixed deposits.
A Kerala High Court ruling clarifies that a joint bank locker survivor does not automatically gain full ownership of its contents. A valid Will executed by one holder takes precedence over the 'either or survivor' clause, allowing assets to be bequeathed to third parties. This decision impacts how locker contents are distributed after a co-holder's death.
Karta uses personal funds and ancestral income to buy property: Who owns it? Heres what the law says
A recent Supreme Court ruling clarifies that properties acquired by a Karta using both personal and ancestral income are presumed joint family property. The burden of proof lies with the Karta to demonstrate the exact portion funded by personal means. If funds are intermingled and not clearly separated, the entire property is considered joint.
Banks in several Indian states will be closed on March 26, 2026, to observe the festival of Ram Navami. Customers in Mizoram, Maharashtra, Karnataka, Tamil Nadu, and Uttar Pradesh, among other regions, may experience branch closures. Online banking and ATM services will remain operational.
Indian investors seeking stability and returns beyond fixed deposits have options. Debt mutual funds offer potential for better post-tax returns through tax deferral and compounding. While fixed deposits are familiar, their annual taxation erodes compounding power. Debt funds, taxed only at redemption, can be more efficient. Investors should consider their tax bracket and investment duration when choosing between these options.
Rupee closes at new record low
Sundaram Home Finance expands Emerging Business presence in South TN
Restaurants can no longer automatically add 'LPG charges' or 'gas surcharges' to bills, the government has warned. The Central Consumer Protection Authority declared such mandatory extra costs an unfair trade practice, stating menu prices should include all operational expenses. Consumers facing these charges can seek removal or file complaints.
New Income Tax Rules 2026: HRA, perks and allowances explained for salaried taxpayers
Demat accounts opened by women surge 129% since 2021: Axis Direct Data
Women investors are rapidly reshaping Indias investment landscape, with demat accounts opened by women rising 129% since 2021, according to Axis Direct. Data shows a strong tilt toward mutual funds, disciplined SIPs and long-term planning, supported by growing digital adoption and a preference for risk-aware, goal-based investing.
Gold, silver rates today: Daily gold prices issued by India Bullion and Jewellers Association Ltd (IBJA) showed a jump up to 3.01% for different verities of gold. IBJAs 999 purity silver prices also rose by 4.01% compared to rates issued on Tuesday (March 24, 2026).
RBI scraps all treasury bill auctions to boost banking liquidity
Step seen easing liquidity pressures before financial year-end on March 31
SIFs: First real test amid volatility after mixed early returns. Check details
Specialised Investment Funds are facing their first major test amid market volatility, with early returns showing mixed performance. While offering flexibility through long-short strategies, experts advise investors to focus on risk metrics over returns, as track records remain limited and outcomes vary across fund categories.
Looking around for smallcap funds with 3 year horizon? Check these top 5 funds with 20% gain
SIP investors see short-term losses. Time to stay invested or review strategy?
The 8th Pay Commission is now functioning in New Delhi. It will submit recommendations on pay, allowances, and pensions within 18 months. Central government employees and pensioners can submit their views through a memorandum by April 30, 2026. A questionnaire is also available until March 31, 2026. The fiscal impact will be assessed after recommendations are accepted.
Many salaried employees mistakenly believe their employer's health insurance is sufficient. However, corporate plans often have hidden limits and may not grow with your needs. Zerodha co-founder Nithin Kamath emphasizes the importance of a personal health policy.
An investor's Rs 5 lakh investment in SBI Quant Fund has seen losses, prompting reassessment. Market expert Abhijit Chokshi advises partially redeeming the investment for tax harvesting and redeploying into stable options, while holding the remainder for a five-year horizon to potentially benefit from market recovery.
Salaried employees can now claim an income tax exemption of up to Rs 1.05 lakh annually on meal cards, vouchers, or subsidized canteen food. New Income Tax Rules, 2026, have increased the per-meal limit to Rs 200, potentially boosting savings under both old and new tax regimes. This benefit is calculated based on working days and employer policies.
JioBlackRock Mutual Fund has launched its Large Cap Fund, aiming to generate long-term capital appreciation by investing predominantly in large-cap companies. The fund employs an active strategy combining human insight with AI and machine learning for stock selection and risk management. Experts advise a cautious approach to NFOs, suggesting a wait-and-watch strategy to assess performance over time.
Tenants facing landlord neglect on repairs have legal recourse. The law allows tenants to demand habitable living conditions. If landlords fail to act, tenants can approach authorities for directions, undertake essential repairs, and seek reimbursement. Proper documentation and notice are crucial. Withholding rent without due process can lead to eviction. Tenants cannot seize landlord property for cost recovery.
Precious metals are experiencing a significant downturn, with gold down 16.02% and silver 22.54% on the MCX. Experts attribute this to shifting macroeconomic expectations, elevated US Treasury yields, and a strong dollar, rather than a lack of demand. Investors are advised to hold existing positions and consider staggered buying for new investments.
Gold and silver ETFs rally up to 11% on easing oil prices, soft dollar. Should you invest now?
Silver and gold ETFs surged significantly on Wednesday, driven by a weaker dollar and easing inflation concerns from falling oil prices. This rally, with some silver ETFs gaining up to 11%, presents an attractive accumulation window for long-term investors amid geopolitical uncertainties and inflation-hedging fundamentals.
Best corporate bond mutual funds to invest in March 2026
Don't think that corporate bond funds do not have any risk. Sure, the highest rating of AAA offers you higher safety. But make sure your fund manager is not taking any extra risk to make extra returns.
Kotak Mahindra Bank restructures KMIL, shifts operations within bank
The move aligns with RBIs 2025 directions on financial services within banking groups and aims to improve operational efficiency and compliance
Investing in a Falling Market: Strategies to navigate this testing phase
Equity mutual fund investors face a market downturn. Wealth managers suggest lumpsum investments for those with long horizons and risk appetite. Reviewing portfolios for diversification is advised. Investors with loss-making thematic funds may consider trimming and reallocating to diversified options. This period offers opportunities for strategic financial decisions.
Sebis new proposal enables mutual fund gifting through PPIs
Mutual fund investments can soon be gifted using prepaid payment instruments (PPIs), with Sebi proposing a new framework. Individuals can purchase gift PPIs, capped at 10,000 and valid for one year, to transfer funds for mutual fund subscriptions. This initiative aims to attract new investors and enhance financial product accessibility.
J&K Bank gets 200 cr demand order for GST liability
The demand order pertains to the period beginning from February 23, 2020 till March 2024 for transactions under the Banks Transfer Price Mechanism (TPM), according to the private sector banks regulatory filing.
HDFC Gold ETF to use commodity derivatives during supply shortage
Investment in ETCDs will be considered only in rare circumstances when the scheme is unable to buy/sell physical gold due to temporary scarcity
Narayana Health Insurance widens Aditi footprint; enters six new cities
While Aditi+ integrates care across over 21 Narayana Health hospitals and a curated partner network, the newly launched Aditi Prime significantly expands reach to over 2,400 hospitals nationwide
8th Pay Commission deadline extension for questionnaire submission: What is the new due date now?
Investors can save income tax by strategically selling equity shares and mutual funds before March 31, 2026. Tax loss harvesting allows offsetting capital gains with losses, while tax gain harvesting utilizes the Rs 1.25 lakh LTCG exemption to reduce future tax liabilities. This strategy can be implemented anytime throughout the year.
Indian Railways has revised its ticket cancellation rules, effective April 1-15, 2026, to combat touting and system misuse. The changes include extended refund windows and stricter penalties for last-minute cancellations. Passengers cancelling more than 72 hours before departure will receive maximum refund, with increased deductions for later cancellations.
Expats staying longer in India? Heres how residency rules can change your tax liability
Expatriates in India for extended periods face changing tax rules. Staying longer can shift residency status, impacting tax liability on worldwide income. This shift may increase compliance burdens and affect foreign income exemptions. Individuals should monitor stay durations and any government relaxations. Understanding these rules is crucial for managing tax obligations effectively.
How long will it take to reach Rs 5 crore with a monthly SIP of Rs 20,000?
Investing Rs 20,000 monthly through a systematic investment plan can help build a Rs 5 crore corpus over time. Assuming a 12 per cent annual return, the estimate shows it may take around 28 years and 3 months with no lumpsum investment, depending on market performance and compounding benefits over time.
What is the simplest way to gift money to my daughter living abroad?
ET Wealth Reader's Query: I want to gift a large amount to my daughter living abroad for her future needs. What is the simplest way to send it?
Forgot your UPI PIN? BHIM app now lets you pay up to Rs 5,000 using fingerprint or faceheres how
Forget your UPI PIN? BHIM app now allows transactions up to Rs 5,000 using fingerprint or facial recognition. This new biometric authentication feature by NPCI NBSL offers a quicker, simpler, and more secure way to make everyday payments, especially when remembering your PIN is a challenge. It enhances user-friendliness for online, merchant, and peer-to-peer transactions.
Planning SIP investments this March? Top mutual fund ideas for aggressive investors
Housing societies cannot block online deliveries like Amazon or Zomato for unpaid maintenance dues. Legal experts clarify that such actions interfere with residents' normal use of their homes and are not permitted. Societies must follow statutory procedures and their bye-laws for recovery, which may include interest, penalties, or legal action, but not restricting essential services.
Trumps delay fails to calm jitters over war as funds trim risk
President Trump's delay of air strikes against Iran's energy assets triggered a market rebound, with equities jumping and oil sliding. However, many investors remain cautious, maintaining defensive strategies and hedges due to ongoing unpredictability. Fund managers are sticking to reduced risk exposure, awaiting clearer signs of de-escalation or a significant market dip.
80% women investors start mutual fund journey before 35, SIPs fuel early participation : Study
A new study reveals nearly 80% of women mutual fund investors start before 35, with SIPs driving adoption among younger demographics. While women are increasingly participating in financial decisions and staying invested, confidence and a gap between saving and investing remain key challenges.
Gold predictions: Gold and silver prices are showing a rebound. Experts believe current price lows are strong technical support zones. These levels are unlikely to break decisively soon unless new geopolitical escalations occur. Latest gold rates from major brands are also provided.
Holding too many mutual funds? Expert suggests trimming smallcap-heavy portfolio
An investor's mutual fund portfolio, heavily skewed towards small-cap schemes, was identified as over-diversified. Experts advise rationalizing holdings, reducing exposure to multiple small-cap and large/mid-cap funds to manage volatility and optimize returns. A balanced approach across categories is crucial for long-term success.
HDFC Gold ETF changes structure, to invest in gold derivatives and other gold related instruments
HDFC Mutual Fund is restructuring its HDFC Gold ETF, allowing investments in Gold Deposit Scheme, Gold Monetisation Scheme, and Exchange Traded Commodity Derivatives. Existing unit holders are offered a 30-day exit window from March 23, 2026, to April 21, 2026, due to these fundamental attribute changes.
Income Tax Rules 2026: These cities get higher HRA tax exemption from April; check full list
Nippon India ETF Gold BeES ranks 6th globally in gold ETF inflows, draws $1.08 bn inflows
Nippon India ETF Gold BeES ranked 6th globally among top gold ETFs with USD 1,085.2 million in fund flows as of February 28, 2026. This marks the only Indian gold ETF in the global top 10, reflecting growing investor interest in regulated gold investments and India's expanding ETF ecosystem.
Insurance complaints rising: Top 5 reasons policyholders reported to IRDAI against insurers
Should you pick a short home loan tenure or go long and prepay aggressively whenever you can?
Calling property ancestral isnt enough: Courts demand clear chain of title and documentary proof
Courts now demand concrete proof for ancestral property claims. Simply calling property ancestral is insufficient. Claimants must establish a traceable lineage from the original ancestor to themselves. This requires documentary evidence like revenue records and proof of possession. Recent rulings emphasize that birthright alone does not guarantee ownership. Without a clear chain of title, such claims are being dismissed.
The said law firms have been advised to provide their report on the same within a reasonable period of time
Gold, silver ETFs fall up to 13% since Mideast war. Should investors stay invested or cut exposure?
Gold and silver ETFs have seen significant drops amid Middle East tensions. Experts advise investors to maintain long-term allocations, viewing gold as a portfolio stabilizer. Silver's volatility suggests caution for those with lower risk tolerance. The current downturn is seen as a normal market cycle, with a focus on disciplined rebalancing and long-term asset allocation.
Best banking & PSU mutual funds to invest in March 2026
A rising or firm interest rate environment is bad for debt funds. However, since these schemes do not invest in very long-duration papers, they will be relatively better off. Most money market pundits say the interest rates have peaked and the RBI will start cutting interest in the later part of the year. It may start cutting rates, once it is convinced that inflation is cooling off. However, be prepared for some volatility till then.
Gold and silver ETFs rebound up to 7% after 20% crash. What should investors do?
Silver and gold ETFs rebounded on Tuesday after a steep crash in the previous session, even as rising yields and tight liquidity kept bullion under pressure. Anup Bhaiya said the correction offers long-term accumulation opportunities amid strong safe-haven demand and persistent geopolitical risks, supporting investor confidence despite elevated precious metals volatility.
Bajaj Finance Share Price Live Updates: Bajaj Finance experiences increased trading volume
Power Grid Share Price Live Updates: Power Grid shows strong market engagement
NTPC Share Price Live Updates: NTPC Trading Dynamics
Sun Pharma Share Price Live Updates: New Analyst Recommendation for Sun Pharma from Motilal Oswal
Divis Labs Share Price Live Updates: Divis Labs reports negative weekly returns
ICICI Bank Share Price Live Updates: ICICI Bank's Stock Shows Weakness This Week
HDFC Bank appoints law firms to review Atanu Chakrabortys resignation
The move comes amid concerns over governance following his abrupt exit, which impacted the banks shares.
A Mumbai tenant received a Rs 11 crore apartment for giving up tenancy rights during redevelopment. The Income Tax department questioned the deal, calling it a sham. However, the Income Tax Appellate Tribunal Mumbai ruled in the tenant's favour. The tribunal confirmed tenancy rights were valid and the flat was consideration for surrendering these rights. Tax exemption was allowed.
Struggling with a big credit card bill? Converting to EMIs may help but read the fine print first
Converting large credit card bills to EMIs offers immediate relief by breaking down payments, but comes with significant costs beyond stated interest rates. While 'zero-cost' EMIs often involve hidden markups, understanding the true expense and necessity is crucial before opting in. Timely EMI payments can benefit credit scores, but missed payments have severe repercussions.
Market slide pushes short-term SIP returns into negative territory
Systematic Investment Plans in equity mutual funds are showing losses over one and two-year periods. This trend is impacting investors who began after 2020. A recent market sell-off has further pushed these investments into negative territory. Experts advise continuing SIPs and topping them up to accumulate more units at current prices.
Rupee breaches the 94/dollar mark intraday; bond yields spike
FPIs remained net sellers, with cumulative outflows of 90,152 crore in March so far, adding to market pressure
RBI may closely scrutinise HDFC Banks application for term renewal of its CEO
HDFC Banks stock continued to take a beating, plunging to a fresh 52-week low of 740.95 apiece on Monday
Nestavia Home Finance launches mobile app for loan servicing
The platform brings together critical loan functions into a single, digital interface, enabling borrowers to track, access, and manage their critical loan information and service requests
GIFT Nifty jumps 4% after Trumps latest comment on Iran war. Sensex, Nifty to take U-turn tomorrow?
Indian markets look set for a rebound as GIFT Nifty surged 3.6% on Monday following US President Trumps announcement to delay strikes on Iranian power plants. Investor optimism grew amid expectations of ceasefire talks, easing oil prices, and sharp Wall Street futures gains after days of steep market selloffs.
Sula Vineyards promoter Rajeev Samant buys Rs 3-crore shares, raises stake to 23.27%
Sula Vineyards CEO Rajeev Samant raises stake to 23.27% with Rs 3 crore share purchase, marking his first buy since the 2022 listing. The shares bought by the promoter would be worth more than Rs 2.7 crore.
Wealth quote of the day: Do not save what is left after spending; instead .. by Warren Buffett
Warren Buffett emphasizes the importance of saving first, then spending, as a crucial habit for long-term financial success. Developing this habit early is key to a brighter financial future.
Good news for SBI FD investors: Bank hikes interest rates on select deposits, check details
