39 C 
121 Finance disburses 10 cr via GeM Sahay
The company has disbursed over 2,600 loans to more than 400 MSMEs across 173 cities in 27 States, helping small suppliers access working capital against confirmed government purchase orders
Indian IT sees rising share of revenue from BFSI in FY26
Four of the five top tier Indian IT services players saw an increase in share of revenue from the BFSI vertical in FY26, according to data from the companys annual reports
Viyona Fintech gets NPCI Bharat BillPay certification as a BOU
The certification clears Viyona to go live as a Biller Operating Unit, enabling billers across utilities, education, insurance, and financial services to collect payments through Indias Bharat BillPay network
I want Canara Bank to become the preferred bank for the younger generation: Brajesh Kumar Singh
For the new MD and CEO of Canara Bank, the first priority is on the resources side, raising low-cost deposits and improving CASA, which will strengthen overall efficiency.
ARCs seek review of SARFAESI Act and their functioning
Request FinMin to set up working group on ARCs to review their existing position and expand their role
Major mutual fund houses, including HDFC, ICICI Prudential, Nippon India and Tata Mutual Fund, have temporarily restricted large investments in gold ETFs amid surging demand, higher import duties and limited gold supply. Experts say retail investors and existing SIPs remain unaffected. The curbs mainly impact HNIs, while new investors are advised to invest gradually and maintain a 10-15% gold allocation.
SBI hands over 8,813 crore dividend cheque to government for FY26
The public sector lender reported a net profit of 80,032 crore for the year, with operating profit rising to 1.23 lakh crore
Private sector banks are the best contrarian bet for the next 3 years, says S Naren
ICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown in mutual fund inflows. He sees private sector banks as attractive contrarian bets and remains optimistic on India's debt market amid improving fundamentals.
Blackstone looks to sell $2 billion of fund stakes, FT says
The deal would be one of the largest to ever come to market, ahead of a similar transaction from Carlyle Group Inc.s AlpInvest unit last year
RBI-government measures to attract foreign investment may bring $35-40 billion inflows: Report
The report stated that the measures aim to attract foreign capital into India while addressing rupee pressure and enhancing external sector stability
Bitcoin steadies after $60,000 breach as Saylor hints at buying
The original cryptocurrency climbed as much as 3.8% to nearly $64,200 and was trading around $63,000 at 7 a.m. in London
5 multicap mutual funds with maximum mid and smallcap exposure. Check details
Multicap funds are required to allocate at least 25% each to large, mid and smallcap stocks, but some schemes have significantly higher exposure to the riskier mid and smallcap segments. Nippon India Nifty 500 Equal Weight Index Fund topped the list in April 2026, followed by Samco, Groww, DSP and Bajaj Finserv Multi Cap Fund.
Gold and silver prices saw a dip this today. Rising global tensions fueled inflation worries, while strong US economic data suggested interest rates would stay high.
Gold and silver ETFs slip up to 8% amid Israel attack and crude oil spike. What should investors do?
Gold and silver ETFs declined sharply on Monday as precious metal prices corrected on the MCX amid rising crude oil prices, inflation concerns and expectations of higher US interest rates. While the selloff weighed on returns, experts believe the correction offers a gradual accumulation opportunity for long-term investors through systematic investments.
Zerodha Mutual Fund files draft document with Sebi for two life cycle funds
These are open-ended funds with attributes of pre-defined maturity and glide path for goal-based investing.
HDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised rates now range from 8.05% to 8.65% across various loan tenures. This adjustment follows the Reserve Bank of India's decision to maintain the repo rate at 5.25%.
Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposed
South Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in a few chipmakers has increased vulnerability to profit-taking and volatility, exposing the risks of narrow market leadership as investors reassess valuations amid geopolitical and economic uncertainties.
Private capex set to broaden in FY27 as rate cuts spur investment: BoB
Consumer durables, logistics, retail and capital goods likely to lead the next phase of the investment cycle.
10,000 monthly RD for 5 years: Post Office or SBIwhich gives the bigger maturity amount?
The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specific risk parameters will mandate detailed examination by the I-T Department. A June 30, 2026 deadline is set for issuing scrutiny notices under Section 143(2).
The Supreme Court backed the Madras High Court's decision to cancel a property auction for Mr. Rama's family. The bank tried to sell their properties over a defaulted loan, but legal fights and delays, including the buyers paying late, meant the sale was never finalized. Crucially, Mr.
RBI announces major rule change for NRI and OCI investors; here's what it means for your investments
Best large & mid cap funds to invest in June 2026
Large & mid cap mutual funds blend stability from large caps with the growth potential of mid caps, offering a riskier but potentially rewarding investment. These schemes are ideal for aggressive investors with a long-term horizon willing to embrace extra risk, with fund managers adjusting allocations based on market outlook.
AIS mismatch alert: The 4-step fix that could save you from an Income Tax notice
The 7 signs you're being targeted by an investment fraud & what to do
Retail investors can play on as AMCs cap gold bets
Three major asset management companies have imposed purchase restrictions on large investors in gold mutual fund schemes. This move aims to curb gold imports and manage strong inflows, with retail investors expected to remain unaffected. Wealth managers see this as a response to the Prime Minister's call to reduce imports, following gold's significant recent performance.
Mr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted shares. The ITAT Delhi ruled that depositing unutilized funds in the Capital Gains Account Scheme was unnecessary as the property was purchased before filing the ITR. The tribunal also clarified ownership of a single residential unit and independent computation of capital gains.
What is PMS? A guide to portfolio management
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 106th part of this series, Riju Mehta explains how this investing option is managed.
RBI widens direct equity access for overseas investors
The RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity access to all Persons Resident Outside India.
Gold and silver shine as equities stumble in 2026
Welcome to TrendMap, your quick, visual guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked for multiple asset classes across equity, debt, precious metals and real estate. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.
Insurance CEOs pay now tied to claim settlements
Insurance CEOs remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A trust-builder, say some experts; others arent convinced.
Joining a new firm? Check your maternity cover first
One of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically comes with a waiting period of up to three years. In group insurance, this period is usually waived. This allows the employees to claim for themselves or their spouses almost immediately after joining.
Strong Q4 earnings, driven primarily by metals
ET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is presented in the table. The significant variations in the earnings growth highlight the importance of sector diversification for managing risks and returns. By Sameer Bhardwaj.
Startup investing: High stakes, long game
Indian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories attract affluent investors, the reality involves illiquidity, founder ethics, and long holding periods. Experts advise a disciplined portfolio approach, thorough due diligence, and realistic expectations for those venturing into this complex asset class.
Why small caps could outperform mid caps
Midcap stocks have dominated performance for a decade, but a shift towards small caps is emerging. Flexi-cap funds are increasing small-cap allocations, driven by improved fundamentals and regulatory advantages. While small caps offer potential alpha, investors must navigate their inherent volatility and focus on fundamentally strong businesses.
Financial freedom requires agency, accountability
I would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why dont we provide a monthly allowance in cases where explicit incomes that enable agency are not present? Does it denigrate the care and love to rupee terms, which makes it uncomfortable?
Digital arrest: How the fear scam traps victims
They pose as the police, put you under digital arrest, and tether you to a video call till your savings are gone. How Indias fastest growing fear scam, and other cyber frauds, work.
Brokers seek market maker carve-out to reduce impact of tighter bank lending norms
RBI has ordered banks to require full collateral for credit facilities used by brokers for proprietary trading, citing concerns over funds being used for equity market speculation
AlphaGrep enters MF space, eyes Rs 25,000-30,000 cr AUM in 3-5 yrs; to launch maiden scheme on Jul 6
The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations.
LIC discussing long-term investment instruments with regulators amid growing liabilities: CEO
He added IRDAI is proactively addressing the insurance sectors evolving market needs.
These 8 flexicap funds have low consistency scores. Do you own any?
Eight flexi cap funds exhibited low performance consistency over the last five years, according to CRISIL's Mutual Fund Scorecard. These funds, despite generally low risk compared to peers, showed varying investment styles and delivered CAGRs ranging from 4.79% to 10.4%.
IDFC First Bank-AU Finance Bank 661 cr fraud case: CBI raids multiple locations
The CBI said it has already filed its first chargesheet before a special court in Panchkula.
NFO Watch: 2 mutual funds will open for subscription this week. Check dates and key details
A tenant facing eviction for unauthorized construction and rent default became a co-owner mid-dispute. He purchased a 50% share of the property from a co-landlord. The Bombay High Court ruled that eviction proceedings cannot continue once a tenant acquires ownership rights. The court set aside the eviction case, restoring the trial court's decision to dismiss the suit.
CarePal Money crosses 150 cr healthcare loan run rate
Medical Management leads the disease mix at 33% of loans disbursed over the past 2.5 years, followed by Cardiology at 15% and Neurology at 14%, collectively representing over 60% of all disbursements
ICICI Prudential Large Cap, 8 other largecap funds with high performance consistency in 5 years
ICICI Prudential Large Cap Fund topped the list with a 97% performance consistency score, while eight other large-cap funds demonstrated strong return consistency and risk-adjusted performance over the past five years.
Nippon India Mutual Fund limits subscription in Gold BeES and gold savings fund
Nippon India Mutual Fund has imposed temporary subscription limits on Nippon India ETF Gold BeES and Nippon India Gold Savings Fund from June 8. While SIPs and STPs will continue within prescribed limits, fresh lump-sum investments and direct subscriptions by large investors will face restrictions until further notice.
Gold prices for Tuesday, June 6, 2026, are available from Tanishq, Malabar Gold & Diamonds, and Joyalukkas. Rates for 22k gold are provided across major cities. IBJA also offers indicative retail selling rates for various gold karats and silver.
Multicap or flexicap mutual fund for a 20-year SIP? Expert explains what investors should choose
A 37-year-old investor planning a Rs 1,000 monthly SIP for 20 years sought advice on choosing between multicap and flexicap funds. Samir Shah of Investa Financial explained the differences, highlighting risk appetite, fund manager flexibility, and goal-based investing as key factors in selecting the right mutual fund category.
Bitcoin falls below $60,000 for first time since 2024 Trump win
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
Dont leave your Will at home: UK government offers official Will storage service for a small fee
Safeguard your Will with the UK government's HMCTS storage service. This official facility offers secure safekeeping for a nominal fee, preventing loss or damage. Disgruntled family members cannot tamper with Wills stored by HMCTS. The process involves posting your Will to the Newcastle District Probate Registry. A lodgement certificate will be issued upon receipt.
The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that EPFO cannot retain appeal money for nearly 11 years after a PF assessment order was set aside, depriving the assessee of its use and potential earnings.
A family's plea for a job based on compassionate appointment after 25 years has been rejected. The Patna High Court ruled that such appointments are for immediate financial relief. The court stated that a long delay significantly diminishes the purpose of the scheme. The family's claim was dismissed as it was not an immediate need.
Govt grants two-year extension to RBI Deputy Governor Swaminathan Janakiraman
Appointed in June 2023, Swaminathan Janakiraman replaced MK Jain and has been overseeing key regulatory and banking functions at the central bank
Saturday bank holiday: Are banks open or closed today on June 6, 2026?
Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with the RBI issuing an annual calendar. Customers can visit branches for transactions. Online services remain available for convenience. Plan your bank visits accordingly.
Why Rs 1 crore term insurance cover in 2026 may not be enough for many families
Families need more than 1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest 1.5 crore or more. Buying early offers lower premiums and secures coverage. Policies can be increased later to match growing responsibilities. This ensures financial security for loved ones.
RBI keeps repo rate unchanged at 5.25%, policy stance neutral
The RBI upped the FY27 retail inflation projection 5.1 per cent (earlier projection: 4.6 per cent) and cut the real GDP growth projection to 6.6 per cent (6.9 per cent)
RBI to give banks greater flexibility in pricing rupee bulk deposits
Banks will have to ensure transparency and uniformity in the disclosure of deposit interest rates, per draft amendment directions.
Rupee gets booster shot as RBI announces measures to attract foreign capital
The measures buoyed the rupee, which posted it biggest single day gain since April 2 on Friday
4% inflation goal remains sacrosanct, says RBI Governor
It is a target that the government has given us; the target is not in abeyance at all. It remains at 4%, and that is our endeavor, says Sanjay Malhotra
Coordinated Centre-RBI measures target sustained dollar inflows
Reforms could improve reserve adequacy and bolster investor confidence
RBI eases investment norms to deepen foreign participation in equity, debt markets
Measures include higher investment limits for overseas investors in listed equities, wider access to government securities and relaxation of FPI debt investment norms
Bitcoin falls below $62,000 amid ETF outflows, macroeconomic jitters
Bitcoin is trying to stabilise around $64,000 after dropping over 13% in the past week, nearly halving its value since its October 2025 peak and reducing its market cap to approximately $1.27 trillion
The Latest Home Loan Interest Rates: Jun 05, 2026
The Latest Home Loan Interest Rates: Jun 05, 2026
The Latest Fixed Deposit Interest Rates: Jun 05, 2026
The Latest Fixed Deposit Interest Rates: Jun 05, 2026
The Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees seeking predictable income. To earn Rs 20,000 monthly, an investment of approximately Rs 29.30 lakh is required, well within the Rs 30 lakh maximum limit. Interest is paid quarterly, and investments qualify for Section 80C tax benefits under the old tax regime.
ICICI Prudential Mutual Fund restricts subscription in ICICI Prudential Gold ETF
ICICI Prudential Mutual Fund has restricted subscriptions exceeding Rs 25 crore in its Gold ETF, becoming the second fund house to do so after HDFC Mutual Fund. This move aims to curb excessive financialization of gold at elevated prices, potentially impacting India's current account deficit and rupee. Investors are advised to consider profit booking and avoid fresh lump-sum allocations.
Forex reserve at healthy $682 billion, adequate to provide import cover for 11 months: RBI Guv
As of May 29, 2026, Indias foreign exchange reserves were $682.3 billion, sufficient for 11 months of imports and covering 89.1% of external debt, he said
HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?
HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices and rising inflows. While SIPs remain unaffected, the move aims to curb excessive exposure to gold, which experts warn could worsen India's import bill and current account deficit.
IVY County: At the intersection of global trends and East Bengaluru's growth story
Bengaluru's real estate focus is shifting to East Bengaluru's Sarjapur-Varthur-Gunjur corridor. This region offers significant investment potential driven by growing tech hubs, infrastructure upgrades, and increasing demand for premium homes. Corridors like Sarjapur, Whitefield, and Varthur are experiencing strong growth. Investors are prioritizing integrated ecosystems with employment sustainability and robust connectivity.
Gold prices saw a dip today, June 5, 2026. This decline followed positive news regarding potential progress between the US and Iran. Market sentiment improved as US President Donald Trump indicated advancements.
Little Pepe (LILPEPE) price prediction: When this meme coin could hit $0.10, $0.25, and $0.30
Little Pepe (LILPEPE) is rapidly progressing through its presale, raising over $28.1 million with its unique meme-only Layer 2 ecosystem. The project aims to offer fast, low-fee transactions and a dedicated launchpad, positioning itself as an infrastructure play. Analysts are exploring potential price targets of $0.10, $0.25, and even $0.30, contingent on successful exchange listings, ecosystem development, and community adoption.
PGIM India Mutual Fund revises subscription limits in its 3 international funds
PGIM India Mutual Fund has revised daily subscription limits for three international funds, effective June 5. Fresh SIPs are capped at Rs 50,000 per day, per investor, per scheme. Existing SIPs and STPs will continue, while new STP registrations will not be accepted after June 4, 2026.
Retiring in 2026? Check how much tax-free leave encashment you can claim before filing ITR
FD interest rate up to 8.05%: 4 banks that revised FD interest rates in June 2026
Fixed deposit investors are watching interest rates closely. Several banks have revised their FD rates in June 2026. Savers can lock in attractive returns with some banks offering up to 8% interest to senior citizens on select tenures. Punjab National Bank, Ujjivan Small Finance Bank, Union Bank of India, and DCB Bank are among those with updated rates.
EPFO interest update: When will 8.25% EPF interest be credited to subscribers accounts?
Bitcoin treasury firms shed $62 billion in deepening crypto rout
Bitcoin has dropped about 14% this week to trade around four-month lows
NFO Alert: 360 ONE Mutual Fund launches Equity Ex-Top 100 Long-Short Fund under its SIF segment Dyna
360 ONE Mutual Fund has launched the DynaSIF Equity Ex-Top 100 Long-Short Fund, an open-ended strategy focused on mid and smallcap equities for long-term capital appreciation. The fund allows limited short exposure through derivatives, aiming to generate alpha across market cycles. The NFO is open until June 19.
RBI announces five measures to attract dollars
Move comes in the face of the rupee coming under pressure amid the West Asia war, spike in crude oil prices and FPI-related dollar outflows from the Indian equity markets
Around 16 equity mutual funds delivered impressive returns over the last five years. These funds multiplied investors' lumpsum investments by over 2.3 times. Motilal Oswal Midcap Fund led the pack, more than doubling initial investments. Other top performers included Bandhan Small Cap Fund and Nippon India funds. This analysis highlights significant growth opportunities in select equity mutual funds.
RBI keeps repo rate unchanged at 5.25%, announces forex measures to attract dollars
RBI revises real GDP projection downward to 6.6% from 6.9% and ups retail inflation projection to 5.1% from 4.6% for FY27
The Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residing abroad. This move allows them to invest more in the Indian stock market without requiring SEBI registration. The enhanced limits offer greater flexibility for foreign investors looking to participate in India's financial markets.
RBI holds repo rate, but for how long will relief for home loan borrowers continue?
The RBIs decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger future rate hikes and costlier EMIs. Borrowers can reduce interest burden through strategies such as home loan prepayments, paying an extra EMI annually, or refinancing at lower rates. These methods can save lakhs in interest and significantly shorten loan tenure.
RBI MPC Meeting 2026: Will FD interest rates increase as RBI holds repo rate?
Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a high deposit-credit ratio, and attractive small savings schemes are pushing banks to offer better returns to attract investors after a period of low FD rates.
Rupee is falling: As an NRI, should you prepay your India home loan or keep the cash abroad?
Foreign investors pivot to short govt bonds ahead of policy turn
Bonds with maturities of less than five years made up over two-thirds of the top 10 notes foreign investors bought during March-May, higher than less than half of similar purchases in January-February, clearing house data showed.
Leadership exits highlight talent war in Indias GIFT City
Talent retention remains a hurdle for GIFT City despite its growing appeal to global firms
