30 C 
Q4 Preview: ICICI Pru AMC likely to report 5% growth in Q4 net profit
On a sequential basis, the fund houses profit and revenue will come under pressure due to market turbulence
Disinherited in a Will? A settlement deed can still give son or daughter rights over property
A Kerala High Court ruling clarifies that a settlement deed holds legal power over a Will. Even if children are excluded from family property in a Will, a settlement deed executed in their favour remains valid. This legal instrument allows for property transfer independent of a Will.
How to heal your equity portfolio in FY27
FY26 left your equity portfolio bruised. As FY27 begins, heres how to heal it.
Good time to start SIPs: Fund Manager Sankaran Naren
Sankaran Naren explains why markets are more attractive but unlikely to deliver outsized returns and shares his macro-driven approach with Sanket Dhanorkar.
Growth in Asia to slow even if oil stabilises: ADB
The Iran war will also likely hit semiconductor output, amid disruptions in the shipments of key inputs for chip manufacturing like helium, sulfur and petrochemical products, according to the ADB. Tourism-dependent economies will likewise feel the drag after the war upended global travel, it added.
Global investing: Where to invest, how to do it right
For global diversification, experts recommend a diversified, disciplined approach across regions.
Neonatal emergencies can increase your hospital bill
Parents buy maternity cover for delivery, but the bigger financial risk is complications after birth.
Trust deed wording can trigger tax risks
Whether in trust deeds, corporate agreements or commercial contracts, even a single clause drafted without sufficient precision can significantly alter the legal consequences of an arrangement. in matters of taxation, precision in drafting is not merely good practice but an essential safeguard.
West Asia conflict hits travel insurance
Travel insurance faces challenges due to global conflicts and increased flight costs. Many insurers are suspending coverage for affected regions. Leisure travel to West Asia and Europe is down. However, senior citizens visiting children in the US are proceeding with travel plans. Pre-existing condition coverage remains a key concern for elderly travelers.
Raja Ravi Varmas art: Decoding the Rs 167-cr moment
Acquired by Cyrus Poonawalla, one of Indias most prominent industrialists, this transaction reflects a shift in which price sensitivity declines and narrative, legacy, and positioning take precedence.
Widespread sector weakness dominates 2026
The annual returns are ranked for 9 key NSE Sector indices. Cyclicals dominate the decade, driven by capex, commodities, and recovery cycles. By Sameer Bhardwaj.
India raises Russian oil imports as risks ease
Indian refiners are boosting Russian crude oil imports. This surge is driven by supply disruptions in the Middle East and a reduced threat of US sanctions. Executives expect these high purchase levels to continue for the remainder of the year. India is prioritizing securing its energy needs amidst global market volatility.
What are AT1 bonds and how do they work?
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 98th part of this series, Riju Mehta explains how this special category of bonds work.
Alignment of average call rate with repo rate contingent on level of liquidity: RBI
The study noted that central banks actively manage liquidity conditions in the banking system to ensure that the operating target remains aligned to the policy rate, hovering within the interest rate corridor
Premier Explosives, Shankara Buildpro among top 6 unique stocks held by mutual funds in March
Unique stocks in mutual funds are those held by only one fund house. In March, around 234 such stocks were identified, with select picks like Marathon Nextgen Realty, Premier Explosives, and others reflecting concentrated conviction by funds such as Quant, HDFC, and Bandhan.
Equity mutual funds posted strong weekly gains of up to 13%, with 608 out of 615 schemes ending in positive territory. International, thematic, and sectoral funds led performance, reflecting broad-based market recovery and strong investor participation across diversified equity strategies.
11 equity mutual funds witness AUM fall by over Rs 5,000 crore in March. Check details
Equity mutual funds witnessed sharp AUM declines in March amid market volatility, with 691 of 728 funds affected. Major schemes from HDFC Mutual Fund, SBI Mutual Fund, and ICICI Prudential Mutual Fund saw heavy outflows, reflecting investor caution and market-driven erosion.
AI to reduce uncertainties and expand opportunities - RBI DG
Delivering the 20th CUB V Narayanan Memorial Lecture at SASTRA Campus in Thanjavur, the DG of RBI laid down a five-point charter guidelines for full scale AI adoption in the Financial & Banking industry
A property seller successfully claimed a Rs 21 lakh TDS credit at ITAT Delhi after the buyer mistakenly deposited it in the wrong year. Despite the Income Tax Department's denial, the tribunal ruled that capital gains must be taxed in the year of transfer, allowing credit based on Form 71.
UPI at 10: From payments pipe to backbone of Indias digital financial ecosystem
From just 17.86 million transactions worth 6,952 crore in FY17, UPI has surged to 218.98 billion transactions totalling nearly 285 lakh crore in FY26
Abakkus Flexi Cap Fund, backed by Sunil Singhania, boosted its holdings in HDFC Bank and Reliance Industries in March. The fund also increased its stake in 28 other stocks, notably Tata Steel and Bank of Baroda. A new investment was made in Mahindra & Mahindra, while Bharat Petroleum Corporation was exited.
Shriram Finances credit rating climbs after MUFG investment
Rating agencies raise Shriram Finances long-term credit rating from AAA to AA+
Mutual fund NFOs saw strong traction in March, with 24 launches collectively raising 3,985 crore, led by HDFC MFs index fund contributing the largest share.
A retired widow, Smt. Vanajakshi, mistakenly believed she wasn't receiving dearness allowance on her regular pension. Despite receiving DA on both her family and regular pensions, she filed a court case. The Madras High Court dismissed her claim, confirming she was already receiving DA on both pensions, as per company records and relevant rules.
Buying agricultural land near a city? Key income tax rules you must know
An ITAT ruling clarified that stamp duty valuation doesn't define agricultural land status for income tax. The tribunal emphasized that official revenue records, actual cultivation, and lack of formal conversion are key factors. This decision protects buyers from tax additions based solely on higher urban land stamp duty rates.
MFs gain during market pain: Net flows zip 56% in march
In March, equity mutual fund inflows soared to their highest level in eight months, showcasing a resilient commitment from domestic investors even amid market turbulence. Their increased investments played a crucial role in balancing out the recent foreign fund exits. Moreover, contributions via Systematic Investment Plans (SIPs) surged to unprecedented figures.
Laid off by Oracle? Heres how to calculate your severance pay and legal entitlements
In India, many employees who laid-off by their respective companies remain unaware of their legal rights. The article clarifies notice periods, conditions for attending office post-layoff, and how severance packages are calculated for different employee categories. It also details entitled monetary benefits, bonus, variable pay, and ESOPs, advising employees to review settlement papers and understand their legal recourse if dues are denied.
The Income Tax Department has launched the new TRACES 2.0 portal, replacing the old system with an upgraded, user-friendly interface for streamlined TDS compliance. This platform centralizes Form 26AS, AIS, and TDS certificates, simplifying reporting with a single 'Tax Year' concept. While property buyers cannot deposit TDS here, they can use TRACES 2.0
FD rate up to 8.05% for senior citizens investing for five years; Know list of banks
Senior citizens can now secure fixed deposit interest rates as high as 8.05 percent for a five-year term. Several banks are offering this attractive rate. Tax deducted at source applies if FD interest exceeds one lakh rupees annually. However, eligible senior citizens can submit Form 15H to avoid TDS deductions. This offers a significant opportunity for enhanced returns on savings.
Saturday bank holiday today: Are banks open or closed today on April 11, 2026?
Bank holiday today: It is important to note that banks in India observe a standardised holiday schedule that includes all Sundays, the second and fourth Saturdays of each month, as well as regional and national holidays declared in the Reserve Bank of India's (RBI) annual holiday calendar..
Invoices financed on RXILs platform jumps 51% to 1,21,105 cr in FY26
Cumulative value of invoices financed on RXILs Trade Receivables Discounting System platform crosses 3 lakh crore mark
Rajive Kumaraswami to be MD and CEO of Chola MS General Insurance
Kumaraswamiwill succeedVSuryanarayanananasManaging Directorand CEOof Chola MS from June 1, 2026
RBI unveils medium-term strategy framework Utkarsh 2029
The framework also prioritises scaling up the Unified Lending Interface to improve access to credit, particularly for underserved segments
Fintechs bet big on digital FDs, eye larger share of retail savings
Fintechs are revolutionising Indias fixed deposit market, enhancing access and convenience for retail savers through digital platforms
RBI proposes 1 Lakh crore asset threshold for NBFC Upper Layer classification
Government-owned NBFCs will be brought under the framework for scale-based Regulation of NBFCs
The Latest Home Loan Interest Rates: Apr 10, 2026
The Latest Home Loan Interest Rates: Apr 10, 2026
The Latest Fixed Deposit Interest Rates: Apr 10, 2026
The Latest Fixed Deposit Interest Rates: Apr 10, 2026
A beginner's guide to scalping: Capturing the markets micro-trends
Scalping is a high-speed trading style focused on capturing tiny price movements, demanding radical honesty, unbreakable discipline, and flawless execution. It requires a deep understanding of costs, including regulatory charges and the Tap Tax from trading apps, to achieve profitability. Success hinges on disciplined execution, managing risk ruthlessly, and knowing when to stop.
The new sectoral guidelines Sankalp 3.0 has been designed as a structured, outcome-driven framework that balances regulatory expectations with industry ownership, according to a Sa-Dhan statement
Gold prices in Dubai are drawing attention today, April 10, 2026. Geopolitical events, including the US-Iran ceasefire, are influencing the market. Investors are observing these developments closely. Various jewelers like Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Dubai Jewellery Group, and iGold are reporting gold rates across different karats.
The Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxation system. Participants can win cash prizes, with the top ten winners receiving Rs 10,000 each. The quiz runs from March 20 to April 20, 2026.
Mutual fund SIP stoppage ratio surged to 100% in March as discontinued SIPs outpaced new registrations, even though monthly SIP contributions hit a record Rs 32,087 crore. Overall investor participation remained strong, with equity inflows extending their multi-year positive streak and SIP accounts nearing 9.72 crore, reflecting sustained long-term investment appetite.
India's remittances to reach record $140 billion in FY26: SBI Research
The report also noted that the Governor's December 2025 statement had a more dovish tone when inflation was lower and geopolitical conditions were more stable
SBI customer alert! You may face OTP disruptions due to scheduled maintenance during these hours
State Bank of India (SBI) has alerted customers to potential disruptions in OTP-based services on April 11, 2026, between 02:30 and 02:50 hrs IST due to scheduled maintenance. During this brief window, internet banking, YONO Lite, and YONO services may experience intermittent issues.
Gold rates today: Gold prices have seen a decline across major Indian jewelry brands following a US-Iran ceasefire and a subsequent drop in crude oil. This easing of geopolitical tensions has led traders to reassess inflation risks and demand for safe-haven assets.
Gold ETF inflows drop 57% to Rs 2,265 crore; silver ETFs see second straight month of outflows
Gold ETF inflows fell 57% to Rs 2,265 crore in March, while silver ETFs posted outflows for the second consecutive month, AMFI data showed. Commodity ETFs had a rough month, with all 43 ending in the red and silver-heavy schemes leading declines amid a global selloff in precious and industrial metals.
West Asia conflict drives surge in NRI term insurance purchases from India, 35% m-o-m surge: Report
The report further highlights that close to 80% of NRIs prefer pure term insurance plans over return-of-premium products
RBI to conduct 2 lakh cr 7-day VRRR auction on Friday
The operation aims to withdraw excess cash and stabilise short-term interest rates
No policy details without ID: Delhi High Court backs LIC in RTI case
The Court noted that LIC manages a vast database of policies and cannot reasonably trace records without key details such as name, date of birth, or address
Prime Minister Narendra Modi promised the 7th Pay Commission for West Bengal state government employees if the BJP wins the upcoming assembly elections. This announcement comes amid anticipation for the 8th Central Pay Commission salary hike, highlighting the divergence in pay commission timelines between the Centre and various states, with some states like West Bengal still operating under the 6th Pay Commission.
From trusted persons to kill switch: 6 ways how RBI is planning to safeguard your online payments
Amidst rising online fraud, the RBI proposes enhanced digital payment security. Key measures include a one-hour wait for new payees and high-value transfers, an optional 'trusted person' approval for vulnerable users, and an emergency 'kill switch' to block all digital transactions.
New ITR forms for AY 2026-27 mandate Non-Resident Indians (NRIs) opting for the presumptive income scheme to separately disclose gross receipts and presumptive income. This change aims to enhance transparency and facilitate cross-verification of reported income with tax data. The updated forms specifically cater to presumptive taxation provisions under Sections 44B, 44BB, 44BBA, 44BBC, and 44BBD.
March AMFI Data: Equity mutual fund inflows soar 56% MoM to Rs 40,450 crore; flexicaps top charts
Indian equity mutual funds saw a significant surge in March, with inflows climbing 56% to Rs 40,450 crore, driven by strong performance in flexicap, smallcap, and midcap categories. Conversely, debt funds experienced a substantial outflow of Rs 2.94 lakh crore, while hybrid funds also saw a net outflow.
Bandhan Small Cap among 5 smallcap MFs offering up to 28% CAGR over 3 years
Quant Small Cap Fund saw focused buying in financials and smallcaps in March, adding Safari Industries and avoiding any portfolio exits.
Here how you track & reclaim forgotten shares from ESPPs, IPOs, demat
The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2026 quarter will remain at 7.1%. This rate applies to GPF, CPF, and other similar government funds. The Public Provident Fund (PPF) and other small savings schemes also retain their interest rates.
You are a US citizen and inherited property in India; here's what you have to do next
Indian banks resilient despite rising credit pressure in Asia: Fitch
Indian banks may face pressure on earnings as liquidity tightens. The report says margin pressure could increase as the Reserve Bank of Indias (RBI) ability to inject liquidity becomes limited
A government servant is entitled to claim reimbursement for the amount paid towards the education of their children. The amount for reimbursement of CEA is Rs 2,812.5 per month (fixed) while the hostel subsidy is specified at Rs 8,437.5 per month (fixed), irrespective of actual expenses incurred.
Samir Arora-backed Helios Flexi Cap Fund adds nearly 13 lakh shares of HDFC Bank, exits IOC & HPCL
Samir Arora-backed Helios Flexi Cap Fund significantly increased its stake in HDFC Bank, adding nearly 13 lakh shares amidst a price decline. The fund also made a complete exit from Indian Oil Corporation and Hindustan Petroleum Corporation. Additionally, it boosted holdings in eight other stocks and introduced new ones like BSE and Solar Industries India.
Best tax saving mutual funds or ELSS to invest in April 2026
Taxpayers looking to save income tax under Section 80C can consider Equity Linked Savings Schemes (ELSS). These tax-saving mutual funds offer potential for higher returns over the long term and have the shortest lock-in period of three years among 80C investments. However, ELSSs carry higher risk as they invest in stocks and do not guarantee returns.
DA hike delay sparks concern: Employees bodies urge FM Sitharaman for quick announcement
SB Yadav, secretary general, Confederation of Central Govt Employees & Workers, in a letter dated April 8, 2026, wrote to the Finance Minister to step in announce the dearness allowance (DA) and dearness relief (DR) for employees and pensioners, respectively. The confederation wrote that the delay in announcement is triggering severe discontent and apprehensions amongst employees and pensioners
The Allahabad High Court ruled a husband can sell his sole-owned apartment even during a matrimonial dispute. A wife was ordered to vacate her husband's flat, sold amidst their divorce case, as she failed to prove co-ownership with documentary evidence. The court found the transfer valid as the husband was the exclusive owner.
RBI proposes one hour delay for transfers above 10,000 to curb fraud
The paper also suggests requiring an additional trusted person authentication for high-value transactions above 50,000 for vulnerable groups such as senior citizens and persons with disabilities
Tenants receiving compensation for surrendering tenancy rights can avoid income tax if they reinvest the funds into a residential property. A recent ITAT Mumbai ruling confirmed that tenancy rights are capital assets, and their surrender constitutes a transfer, making the compensation eligible for Section 54F exemption under specific conditions.
Short-term debt funds offer opportunities as yields rise
Rising bond yields, influenced by elevated oil prices and West Asia tensions, present investment opportunities in debt schemes. Money managers suggest short-term debt funds and long-term government securities are best positioned to benefit. The Reserve Bank of India's stance on interest rates and inflation is expected to keep yields elevated, favoring shorter-maturity investments.
RBI issues guidelines to enhance efficiency of cross-border inward payments
Messages received after close of operating hours of banks will be informed to customer immediately at the start of the next business day
Banks close out bulk of their long dollar positions ahead of RBIs April 10 deadline
Move to ensure orderly conditions in the foreign exchange market
Bitcoin holds near $71,000 as markets weigh geopolitics and macro signals
The recent resilience in crypto prices comes amid improving global risk sentiment, though markets remain cautious as the Strait of Hormuz situation evolves
PMMY loans disbursal reach all time high at 5.64 lakh cr in FY26
Non-performing assets down to about 2 per cent from 4.86 per cent five years ago
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline, sources say
On March 27, the Reserve Bank of India directed banks to limit their net open positions in the rupee to $100 million, with compliance required by April 10
Gold prices in Dubai remained a key focus on April 9, 2026, reflecting global trends and local market dynamics. Major retailers like Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Dubai Jewellery Group, and iGold reported competitive rates across various karats. These prices fluctuated amidst ongoing geopolitical tensions, with 24KT gold generally priced around AED 569.75 per gram.
8 ways Indias Labour Codes can help build a modern, expanding, and increasingly diverse workforce
By streamlining the old laws, the government has signalled its intent to align Indias regulatory framework with the demands of a $5 trillion economy embedded with the needs of a modern, expanding and increasingly diverse workforce. The new Labour Codes seek to create both a ready workforce and a more predictable environment for business.
NFO Alert : Kotak Mutual Fund launches Kotak Multi Asset Active FoF
Kotak Mutual Fund on Thursday announced the launch of the Kotak Multi Asset Active FOF, an open-ended fund of fund scheme investing in units of equity-oriented schemes, debt-oriented schemes and commodity-based schemes.
The Income Tax Department has launched Kar Saathi, an AI chatbot on its revamped portal to simplify tax filing. This tool offers 24/7 assistance, clear explanations of complex tax rules, and step-by-step guidance, aiming to reduce errors and taxpayer reliance on experts. It marks a move towards proactive compliance.
The Department of Posts has issued new FAQs clarifying child education allowance rules for central government employees. These clarifications address admissibility for pre-primary classes, including repetitions under NEP-2020, and situations like leave, suspension, retirement, and termination. The aim is to ensure uniform implementation and avoid confusion for postal staff.
Parag Parikh Flexi Cap Fund raises stakes in TCS, ITC and 14 other stocks in March
Parag Parikh Flexi Cap Fund increased stakes in Tata Consultancy Services, ITC and 14 other stocks in March, while trimming only Balkrishna Industries. The fund raised holdings in HDFC Bank, Kotak Mahindra Bank, Coal India and others, maintaining a diversified portfolio across 21 sectors.
New guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme allows partial withdrawals for medical expenses and a 100% lump sum exit for emergencies. Any Indian citizen can join this voluntary, contributory pension scheme. Contributions are invested for retirement while providing immediate medical support.
Big update in gold ETFs: What Sebis new rule means for your investment
Should you invest in multicap mutual funds? Heres how to decide
Multicap funds are gaining traction post market correction as a diversified investment route. However, their mandated exposure to large, mid, and smallcap stocks makes them vulnerable to volatility, especially during market downturns. These funds are best for investors comfortable with higher risk across market cycles.
How to get your share of family property even if your sibling won't cooperate
Earning from idle crypto: A practical guide for long-term holders
Crypto investors can now earn from idle assets without constant trading. Flexible savings accounts allow users to deposit cryptocurrencies like USDT, BTC, and ETH to generate interest. This approach offers a middle ground, keeping funds accessible while they work in the background.
You reduced your home loan EMI. Here is what it is quietly doing to your credit score
Silver and gold ETFs saw significant drops on Thursday, shedding up to 4%, as MCX bullion prices followed global weakness. The US Federal Reserve's minutes signaled further rate hikes amid inflation concerns, while geopolitical risks from the Iran conflict also weighed on markets. Investors remain cautious, awaiting clarity on the US-Iran ceasefire.
