28 C 
ICICI Bank prices its $1 billion 5-year Senior Notes at 5.410%
ICICI Banksaid its Notes issuance is part of its $7.5 billion Global Medium Term Note Programmeand the same has been raised through its IFSC Banking Unit
Every day at SBI is a defining moment, says Chairman Setty
I believe international operations will remain at around 15% of our overall credit book, which is a ratio we are comfortable with, says the SBI Chairman
Fino Payments Banks Board approves 3-month tenure extension for Merchant as interim CEO
The extension of tenure is subject to approval of Reserve Bank of India
Centre appoints JK Sinha, Syed Akbaruddin and Annie George Mathew as Directors on RBI Central Board
The appointments come on the heels of theappointment of former ISRO Chairman Somanath Sreedhara Panicker and re-appointment of industrialist Anand Gopal Mahindra as part-time, non-official Directors on the Central Board of RBI
Selling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.
SPARSH pension portal: How to track pension, benefits and life certificate
SPARSH lets defence pensioners track pension payments, entitlements, PPO details and life certificate status online, helping spot errors early
UPI completes 10 years as transaction volume jumps nearly 13,000-fold
Annual UPI transaction volume rose from 1.78 crore in FY17 to over 24,162 crore in FY26, while transaction value climbed to around 314 lakh crore
Indian benchmark indices ended lower on Monday, with the Sensex falling 172 points and the Nifty declining 33 points as early gains faded. Broader markets were mixed, while metal stocks outperformed. JSW Steel, Hindalco and Tata Steel led Nifty gainers, whereas SBI Life, Bajaj Finance and Adani Ports declined.
Rs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders the tax dept to issue the refund with interest.
Airtel Payments Bank annualised revenue crosses 3,300 crore in Q1
Net profit jumps 82% to 19 crore; Q1 revenue rises 6.8% y-o-y to 830.5 crore
After divorce, can women central government employees add parents to CHSS? DAE clarifies
The central government has clarified that married female employees can now list their parents or parents-in-law as beneficiaries in the CHSS scheme. Even after a divorce, biological parents remain eligible for benefits if they are dependent on the employee. This guidance was prompted by inquiries from DAE employees, who also received clarifications regarding CHSS facilities available for disabled children.
UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volume
Annual UPI transaction volume rose from 1.78 crore in 2016-17 to more than 24,162 crore in 2025-26, an almost 13,000-fold increase
Black money notice sent to man with Singapore FD and current bank a/c in his name and no ITR declaration; Know how he won case in ITAT Delhi after proving his identity theft angle with Economic Offences Wings help.
On August 24, 2026, the price of 22k gold jewellery experienced a notable rise, with Tanishq pricing it at Rs 15,075 per gram nationwide. Competing brands like Malabar and Kalyan also reported increased rates. Additionally, IBJA provided the latest silver prices for 999 purity. It's important to keep in mind that these rates are subject to fluctuations throughout the day.
Magnum SIF by SBI Mutual Fund garners over Rs 1,100 crore in Equity Ex-Top 100 Long Short Fund NFO
SBI Mutual Funds Magnum Equity Ex-Top 100 Long Short Fund mobilised Rs 1,154 crore, the highest NFO collection in the Equity SIF category, highlighting rising investor interest in differentiated strategies.
Why 30 carry bag charge costs the shop 26,000
Planning a weekend getaway? Axis Bank cardholders can get up to 20,000 off
Built around India's long weekend calendar, the programme is designed to offer recurring travel benefits across multiple holiday periods throughout the year.
Gold correction, not collapse: Why Vallum sees another big rally ahead
Gold vs debt: Why Vallum says the metal's biggest trade is only reopening
Portfolios need better solutions to existing problems, not more products says Radhika Gupta
Radhika Gupta advises investors to view Specialised Investment Funds (SIFs) as solutions to specific portfolio needs rather than additional products. She highlights Hybrid Long Short for yield, Ex Top 100 for alpha and Equity Long Short for efficient equity exposure. Edelweiss MFs upcoming Altiva SIF aims to generate more consistent large-cap alpha.
Smallcap funds stand out with 55% SIP penetration, AUM surges 5x in 5 years: Crisil-AMFI report
Smallcap funds led SIP penetration at 55% in March 2026, while SIP AUM surged over fivefold to Rs 1.83 lakh crore in five years, AMFI-Crisil data showed.
JPMorgans Copthall Mauritius to argue SEBI violation was technical, not manipulative
The subsidiary called Copthall Mauritius Investment Ltd plans to seek clarifications but is unlikely to appeal the order for now, sources said
Post Office TD: 5 lakh can grow to 7.25 lakh in 5 years; check 1, 2, 3 & 5-year returns
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The governments new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said Dixon Technologies is well positioned to benefit, while higher incentives for incremental sales and domestic sourcing could boost volumes and support greater backward integration across the sector.
LIC stake sale in IDBI Bank: Officers body seeks IRDAI intervention
The All-India Bank Officers Association has demanded regulatory intervention to protect policyholders and retain IDBI Bank in the public sector
Bank unions announce all-India strikes in September
India banking credit growth hits 20%, LDR nears decade-high levels
Banks saw stronger loan demand across key sectors, but slower deposit growth kept funding pressures elevated and the system-wide LDR high
Indian banks are in their best shape in a decade: MoSL
The financial services firm noted improved banking sector health, citing cleaner balance sheets and stronger fundamentals as key factors for the positive outlook on Indian banks
El Nio shock could re-price food inflation, Central Bank policy paths: US analyst
An El Nio event of this magnitude and speed has the potential to create a macroeconomic shock well before the market has fully priced it, says Michael Ferrari, VP and Head of Research, Moby
SBI Research flags possibility of RBI rate hike as MPC minutes turn increasingly hawkish
SBI Research noted that discrepancies among the MPC minutes, monetary policy statement, and Governors comments have caused uncertainty in the markets regarding future interest rates
Reverse mortgage: Your house could pay you back but there's a catch
Invesco India has unveiled an innovative pharma and healthcare fund tailored for investors seeking opportunities in India's burgeoning healthcare landscape. This fund focuses on leveraging advancements in healthcare while being mindful of current sector valuations and possible US tariff repercussions. While experts advise caution, the sector's robust long-term growth potential invites investors to consider this thematic approach as a complementary investment strategy.
Best corporate bond mutual funds to invest in August 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.
Bonus issues & stock splits: 6 stocks to turn ex-record date this week. Do you own any?
At least six companies have fixed record dates for bonus issues or stock splits this week, from August 24 to August 28. The list includes 1:1 bonus issues by Abhishek Integrations and Mayank Cattle Food, along with stock splits by TD Power Systems, Waterways Leisure Tourism, Rotographics India and Spice Islands Industries.
Federal Bank latest lender to tap dollar debt market via GIFT City, bankers say
The bank's board approved the issuance of foreign-currency-denominated bonds through its International Financial Services Centre (IFSC) Banking Unit (IBU) in GIFT City on Friday
Citi, Axis Bank team up on leveraged India dollar deposit boom
Axis Bank will provide standby letters of credit to support financing extended by Citigroup through its offshore operations
Tata Consumer Share Price Live Updates: Tata Consumer's Trading Activity
Citigroup, Axis Bank team up on leveraged dollar deposit boom in India
The trade is emerging as RBI seeks to bolster foreign-exchange reserves and ease pressure on rupee, while creating opportunities for global banks to provide financing offshore
Tech Mahindra Share Price Live Updates: Tech Mahindra's Performance Overview
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Stock Details
HUL Share Price Live Updates: HUL's Market Update
Infosys Share Price Live Updates: Infosys Stock Details
Axis Bank Share Price Live Updates: Axis Bank's price slips under the 20-day SMA
Dr Reddys Share Price Live Updates: Dr. Reddys Current Trading Status
LTIMindtree Share Price Live Updates: LTIMindtree Market Performance
HCL Tech Share Price Live Updates: HCL Tech Stock Details
Bajaj Finance Share Price Live Updates: Bajaj Finance Stock Details
HDFC Life Share Price Live Updates: HDFC Life News
Apollo Hospital Share Price Live Updates: Apollo Hospital's Current Price
UltraTech Cem Share Price Live Updates: UltraTech Cement's Current Trading Status
SBI Share Price Live Updates: SBI's Financial Snapshot
Tata Steel Share Price Live Updates: Tata Steel's Market Update: Today's Gains vs. Long-Term Trends
Maruti Suzuki Share Price Live Updates: Maruti Suzuki Stock Details
ITC Share Price Live Updates: ITC Price and Returns Snapshot
Divorce dispute turns into legal battle: The financial costs a husband may face
The aftermath of matrimonial disputes often lingers long after a marriage has ended, imposing hefty financial and legal challenges on men. While protective laws exist for women, they can be misapplied, leading to significant turmoil for husbands. Awareness of legal rights and sound financial management is key. Consulting with experienced legal counsel and compiling solid evidence are important first steps.
Vikaas M. Sachdeva, CEO of BitDelta India, talks to Abhinav Kaul about his journey from mutual funds and PMS to crypto, and where digital assets fit in an investors portfolio.
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.
A status match essentially allows one loyalty programme to recognise your credentials from another. Instead of spending 50 nights at a hotel chain or flying dozens of sectors with an airline to reach elite status, you show that another company already considers you a valuable customer. The new programme may then grant you equivalent status, usually for a limited period.
Metals, real estate, and energy sectors have demonstrated leading long-term investment returns. This TrendMap edition reviews the yearly performance of nine key NSE Sector indices spanning ten years, with insights derived from compounded average returns. The data analysed is based on ACE MF as of August 18, 2026, highlighting the trends in domestic market sector performance. By Sameer Bhardwaj.
There is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable property, where aggregate value does not exceed Rs 20 lakh. Such taxpayers should first determine whether any penalty actually arises before opting for FAST-DS.
-2% to 24%: Why momentum fund returns differ
Momentum funds have produced inconsistent returns during quieter market phases, particularly index-based funds that have encountered significant hurdles. The contrasting results are driven by diverse strategies at play. Investors are encouraged to look past the momentum label and focus on the underlying investment principles. A long-term outlook and strategic allocation are essential for successful momentum investing.
How much health cover do you need? Check 3 factors
Healthcare costs in India are soaring due to escalating medical inflation. Experts warn that securing adequate health insurance is no longer optional but essential. Individuals are advised to assess their health needs, taking into account age and family health history. A smart approach is to combine fundamental policies with super top-ups to improve cost management. Consistently revisiting and updating health insurance plans is crucial to maintain valuable coverage.
IIFCL initiates $1.8-billion ECB fundraising programme
As part of the programme, IIFCL is envisaging raising about $1 billion through long-term ECBs, with tenors of up to 15 years, under the MIGA Guarantee Facility, in multiple tranches
Gold loan portfolio to surpass 1.5 lakh crore by FY27-end: Indian Bank MD
This growth would come from tonnage, he said, adding that the gold loan segment is likely to grow about 20%
Indian Bank sanctions 1,125 crore worth Retail, Agri and MSME credit in a drive
The campaign received an overwhelming response, with credit proposals mobilised amounting to 2,080 crore, of which 1,125 crore was sanctioned and 575 crore disbursed, the bank said in a statement
SBI's total business may double to 200 lakh cr by 75th foundation year in 2030: Chairman
Setty said the scale of SBI's operations is closely linked to the performance of the Indian economy
Can a Rs 30,000 mutual fund SIP help you build Rs 5 crore? Check the timeline
Building a Rs 5 crore retirement or financial corpus via a monthly SIP of Rs 30,000 requires disciplined planning. Based on an expected 12% CAGR, a fixed SIP takes around 24 years, while opting for a 5% or 10% annual step-up SIP reduces the timeline significantly.
India's private credit market remains relatively small at an estimated $25-30 billion as of March 2025, compared with around $1.4 trillion in the US
A 70:30 strategy could help investors balance gold and silver exposure: Tata Mutual Fund
Tata Mutual Fund recommends a 70:30 strategic allocation between gold and silver for investors looking to balance stability with growth. The fund house remains bullish on both precious metals over the medium to long term, preferring a higher weight to gold for its defensive nature and lower volatility.
Equity mutual funds swing up to 8% last week. Check top 5 gainers and losers
NRIs yern for higher returns: Banks mop up $65.397 billion in just 75 days via FCNR-B deposits
And the inflows are gathering pace as the RBI has cut short the deadline to offer concessional swap facility for fresh FCNR-B deposits mobilised by banks by a month to August 31, 2026
Income tax notice: 8 common notices, why you get them and how to respond
The RBI reported that authoriSed dealer banks recorded $65.397 billion in inflows from FCNR(B) deposits as of August 21
Can NRIs, OCIs & PIOs open FCNR, NRE, NRO accounts?
RBI forex swap facility attracts $72.85 billion inflows as of August 21
FCNR(B) deposits accounted for nearly 90 per cent of the total at $65.40 billion, while ECBs and OFCBs contributed $2.59 billion and $4.86 billion, respectively
RBI FCNR(B) swap window inflows swell to $65.39 bn, total hits $72.85 bn
FCNR(B) deposits dominate inflows under RBI's special forex swap facility ahead of the August 31 deadline; ECB and OFCB windows remain open until December 31
Blockchain could make global financial transactions faster and cheaper: Report
The report said blockchain technology has enabled the development of digital assets, including unregulated cryptocurrencies such as bitcoin and regulated digital assets such as stablecoins
Gold rates today: Here is a look at todays 18k, 20k, 22k and 24k gold prices at the India Bullion and Jewellers Association (IBJA), along with the latest 22k gold rates listed by Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers.
Rs 5 lakh investment in post office TD: 1, 2, 3 and 5-year interest rates, maturity amounts compared
Post office time deposits provide a reliable income source, supported by government assurance for investors. When you invest Rs 5 lakh, the maturity amounts vary significantly depending on your chosen tenure. The government updates interest rates quarterly, resulting in maturity values ranging from Rs 5.35 lakh to Rs 7.24 lakh. It's important to note that only the 5-year time deposit qualifies for tax benefits.
Planning a Rs 10 crore retirement corpus? Know the mutual fund SIP amount you need
See how your starting age can dramatically change the monthly SIP needed to build a Rs 10 crore retirement corpus by age 60, assuming a 12% annual return.
EPF vs stock market: EPFO reveals 6 reasons why EPF offers greater retirement security
The Employees Provident Fund (EPF) presents a government-backed savings scheme, ensuring consistent interest rates with mandatory contributions from eligible employees. In contrast, the share market offers a more volatile investment route, where participation is entirely optional. While EPF secures tax advantages, pensions, and insurance, shares may promise greater returns but come with inherent risks.
Saturday bank holiday today: Are banks open or closed today on August 22, 2026?
Bank holiday today: Bank customers are left wondering if they should go to the bank today or reschedule their trips for tasks like cash deposits, cheque clearances, demand drafts issue, etc.
Freelancers preparing for AY 2026-27 have a new ITR submission deadline, offering relief to many. Understanding tax audit requirements is essential and varies based on turnover, with distinct reporting dates. Selecting the appropriate ITR form such as ITR-3 or ITR-4 plays a crucial role in accurately reporting income. Eligible business expenses can be claimed by freelancers, which helps minimize their tax burden, while income from foreign clients needs clear disclosure.
Bank of Baroda raises $400 million through 5-year senior unsecured notes
The fundraising expands Bank of Barodas overseas debt portfolio, following a similar $300-million issue earlier, under its broader medium-term programme
Crypto investor sentiment remains damp despite uptick in Bitcoin pricing
Investors in the 1825 year age group recorded the highest selling activity in Q2, as per data collacted by CoinSwitch
AMFI has launched five initiatives to deepen mutual fund participation, focusing on investor education, women, smaller cities, first-time investors and underserved communities. Partnerships with NISM, Sa-Dhan and Pinkathon aim to expand awareness, strengthen distributor ethics and encourage informed, responsible investing nationwide.
IRDAI bars Edelweiss Life, Pramerica Life from opening new offices for six months
The Authority will continue to take appropriate supervisory and enforcement action wherever regulatory non-compliance is observed
Indias actuarial body targets 30,000 members by 2031, bets big on AI and climate risks
Indias insurance sector is poised for rapid expansion, creating greater demand for specialised expertise in risk assessment, technology and financial regulation
