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Banks G-Sec portfolio grows at a slower clip amid pick up in credit growth
Banks investment in G-Secs and SGS grew at a higher clip of 11 per cent y-o-y as on January 24, 2025
Sebi introduces life cycle funds. Here is what investors need to know
Sebi has launched a new category of mutual funds called Life Cycle Funds. These funds are designed for goal-based investing with a fixed maturity and a glide path. Investors can choose from various maturity options, and asset allocation automatically adjusts over time. This move aims to simplify long-term financial planning for investors.
Bharat Taxi: Union Home Minister Amit Shah launched the Bharat Taxi cooperative model, allowing drivers to become co-owners for just Rs 500 and share in profits. This initiative empowers drivers with ownership and decision-making power, aiming for nationwide expansion within three years.
DSP Mutual Fund temporarily restricts subscription in its multi asset allocation fund
DSP Mutual Fund is placing temporary restrictions on new investments in its Multi Asset Allocation Fund starting February 27. This move is due to significant inflows making it difficult to manage the fund's asset allocation. Investors can still make transactions up to Rs 10 lakh per day. Existing SIPs and switch-ins will continue.
NFO Alert: Canara Robeco Mutual Fund launches banking and financial services fund
Canara Robeco Mutual Fund has launched its new open-ended equity scheme, the Canara Robeco Banking and Financial Services Fund. The fund, which opens for subscription on February 27, aims to capitalize on India's financialization and credit growth by investing in the banking and financial services sector.
Employee associations met to discuss key demands for the 8th Pay Commission, including increasing family units for salary revision, ensuring five minimum promotions per employee, and restoring the Old Pension Scheme. Discussions also covered higher annual increments and a proposed maximum pay ratio of 10 times the minimum.
Should investors top up their mutual fund SIPs? Heres what you should know
A top-up SIP is a facility offered by fund houses and online platforms that allows investors to automatically increase their monthly investment amount by a fixed sum or a set percentage at predefined intervals.
New government rules now allow TransUnion CIBIL to use Aadhaar authentication for user verification. This enables easier registration and login on the CIBIL platform. Users must give consent for Aadhaar authentication.
Debt trap checklist: 7 warning signs Gen Z should not ignore
Apple in talks with HDFC, ICICI, Axis to launch Apple Pay in India by 2026
The service is expected to support the Unified Payments Interface, operated by the National Payments Corporation of India, alongside card-based payments
Earn below Rs 3 lakh? You could get a microfinance loan up to Rs 1.25 lakh heres how
RBI's additional liquidity support to wind down after March, bankers say
The RBIs recent liquidity infusion, which has pushed overnight rates below the repo rate to ease funding stress, is seen by bankers as a temporary, tactical move rather than a policy shift. With surplus liquidity rising above comfort levels and short-term rates cooling, the central bank is expected to maintain this stance only until March before likely absorbing excess cash and restoring its usual liquidity framework.
3, 6 or 12 months? How much emergency fund you really need based on your salary, family and job risk
Smart Lift and Mobility Awards 2026 - Celebrating Excellence
A wife has won a significant victory in the Kerala High Court. The court ordered her husband to return 40 sovereigns of gold and pay Rs 4,000 monthly maintenance. The husband's Rs 5 lakh counterclaim was dismissed. The court noted it is common for brides to entrust gold to in-laws for safekeeping.
ET Wealth Reader's Query: I am 44, earning income from salary, interest on deposits, and occasional capital gains from mutual funds. How should a middle-aged taxpayer evaluate which income tax regime works better each year?
Sebi has revamped mutual fund rules, introducing new categories like contra funds and sectoral debt funds. Existing schemes must align within six months. The regulator aims for greater clarity and reduced portfolio overlap, especially in equity and thematic funds. Goal-based life cycle funds are also introduced, with specific exit loads.
Managers in India sometimes promise higher salary increments verbally. Such promises can hold legal weight if they are clear, binding commitments made by authorized individuals. However, proving these verbal assurances in court requires strong evidence beyond mere dissatisfaction. Employers generally have discretion in setting increments, but cannot discriminate based on gender.
New draft tax rules for 2026 will require salaried individuals claiming House Rent Allowance to disclose their relationship with their landlord. This applies especially when paying rent to relatives. Taxpayers must ensure genuine rental agreements and proper documentation. Payments should be made through banking channels. Landlords must declare rental income. These measures aim to enhance transparency in rental arrangements.
Market crash or paper loss? What mark to market really means for your investments
Before you stop working, after you stop earning: A money checklist
NFO Insight: Can Abakkus Small Cap Funds MEETS framework safeguard portfolios amid volatile market?
Abakkus Mutual Fund has launched its second equity offering, the Abakkus Small Cap Fund. This new fund seeks long-term capital growth by investing in Indian small-cap companies. The fund house highlights attractive entry valuations and growth opportunities in this segment. Abakkus emphasizes its unique MEETS investment framework for disciplined stock selection and risk management.
Silver, gold ETFs slide up to 3% amid US tariff worries and Iran tensions. Should you invest?
Gold and silver ETFs declined up to 3% amid concerns over US tariff policies and rising US-Iran tensions, triggering volatility in commodity markets. Experts advise profit booking at higher levels and recommend a buy-on-dips approach, with a balanced allocation to precious metals to manage risk and capture long-term growth opportunities.
RBI to conduct 25,000 crore switch auction on March 2
In a switch auction, the government replaces bonds maturing in the near term with long-term instruments
Alert railway pensioners! Government issues warning to stay vigilant against rising cyber fraud
Railway pensioners: Railway pensioners face a rising threat from cyber fraudsters. Scammers are impersonating railway officials through fake calls, messages, and WhatsApp. Pensioners must not share bank details or OTPs.
Can a Karta sell joint family property to one relative? Heres what the law allows
The Supreme Court upheld a Madras High Court ruling stating a Karta cannot transfer joint family property to one member without genuine necessity. Such alienations are only binding on other co-parceners if proven to be for pressing family needs or the estate's benefit, with the burden of proof on the recipient.
Yes Bank flags $0.28 million forex card fraud in Latin America
Around 5,000 customers were potentially affected, but the banks monitoring system successfully blocked 688 unauthorized attempts, safeguarding roughly USD 0.1 million
Housing prices in Jaipur, Kanpur, Chennai drive All India House Price Index up 1.2%
The All India HPI grew by 3.6 per cent year-on-year (y-o-y) in Q3 FY26, compared with a growth of 6.9 per cent in the same quarter last year
This will help insurers provide insurance products to customers at more affordable prices, said Deepak Sood, Member (non-life), IRDAI
Want to earn Rs 9,000/month for 5 years? Know how investing in POMIS can help you get that
Gold can help improve portfolio returns without adding too much risk: WhiteOak Capital Mutual Fund
A WhiteOak Capital Mutual Fund study shows that gold can enhance long-term portfolio returns without significantly increasing risk. By combining gold with equity and debt, investors saw higher returns and stable volatility. The analysis highlights how low correlation between asset classes helps portfolios stay balanced, even when markets move unpredictably.
The Income Tax Appellate Tribunal (ITAT) Pune ruled that investing full capital gains into a new property qualifies for Section 54F exemption, even if the entire sale consideration wasn't deposited in the Capital Gains Account Scheme (CGAS) before filing the ITR. This decision favored Mr.
Paying extra for global exposure? A look at premium global index ETFs
Retail investors are flocking to overseas-focused mutual funds for higher returns, but many are unaware of the significant risk. Several ETFs are trading at a 20-25% premium to their net asset value due to RBI's overseas investment limits. This premium could vanish if the limits are lifted, leading to substantial capital losses for investors.
Punjab National Bank has revised its fixed deposit interest rates, effective February 24, 2026. The bank now offers its highest FD rate of 6.60% for general citizens on its 444-day scheme, with senior and super senior citizens receiving 7.10% and 7.40% respectively. This makes PNB's 444-day FD the most attractive among leading public sector banks.
Top 5 mid cap mutual funds to invest in February 2026
ETMutualFunds has shortlisted five mid cap mutual funds for February 2026 based on rolling returns, consistency, downside risk and asset size above Rs 50 crore. The selected schemes have delivered 21% to 26% returns over three years, though risk levels remain high, requiring long-term investment discipline.BODY
Most expensive fund is the one you bought for last years returns, warns Radhika Gupta
Radhika Gupta, CEO of Edelweiss Mutual Fund, warns investors against chasing past one-year returns. She states that funds performing exceptionally well recently may not sustain that performance. Investors entering at the peak risk facing muted returns or volatility. Gupta advocates for consistent performers over flashy ones.
Large financial transactions like cash withdrawals, property sales, and investments are automatically reported to the Income Tax Department via the Statement of Financial Transaction (SFT) mechanism. This reporting occurs even if these details aren't explicitly declared in your income tax return. Specified entities are mandated to submit this information.
PM Kisan 22nd instalment date: Rs 2,000 in bank account! Check how to complete eKYC; farmer ID
Credit card perks being cut by banks: Check If your card is affected
Growth vs Income investing in India: Should you focus on SIPs or SWPs?
JioBlackRock Mutual Fund receives Sebis nod to launch largecap fund
JioBlackRock Mutual Fund has received approval from Sebi to launch its new largecap fund. The JioBlackRock Large Cap Fund will invest primarily in largecap stocks. This open-ended equity scheme aims for long-term capital appreciation. Investors can start with a minimum lump sum of Rs 500 or a monthly SIP of Rs 500.
Step-by-step guide to spotting and disputing fraud loans under your PAN
Planning for retirement income of Rs 50,000 monthly requires different corpus amounts. A Fixed Deposit needs Rs 2.30 crore. Life Annuity requires Rs 2.35 crore. A Systematic Withdrawal Plan (SWP) needs Rs 1.60 crore. The ScientificPay strategy suggests Rs 1 crore. These figures are based on a 40-year horizon, assuming survival to age 100.
MF Tracker: Can SBI Multi Asset Allocation Funds 10-year consistency continue?
SBI Multi Asset Allocation Fund has delivered positive returns for 10 consecutive years, supported by diversification across equity, debt, gold and silver. Despite not topping category charts, it has consistently outperformed on short-term horizons. Analysts say its resilience stems from asset mix, though DIY allocation via low-cost funds may offer better efficiency.
Old Will, new trouble: Key steps that decide whether your Will survives legal scrutiny
A recent court case highlights how an old Will can be invalidated if not properly executed. The Chhattisgarh High Court rejected a 30-year-old Will because attesting witnesses were unavailable to testify. This underscores the importance of taking specific precautions when drafting a Will. These steps ensure a Will stands up to legal challenges, safeguarding inheritance for beneficiaries.
Silver, gold ETFs jump up to 3% as tariff, geopolitical worries resurface. What should investors do?
Silver and gold ETFs saw gains of up to 3% on Wednesday. This rise followed an increase in precious metal prices on the MCX. Investors sought safe-haven assets due to geopolitical tensions and trade tariff uncertainties. Earlier in the week, these ETFs had declined. Experts anticipate continued volatility in gold and silver prices.
IDFC FIRST Bank repays 583 crore to Haryana govt after fraud at Chandigarh branch
The matter is currently under investigation by the relevant authorities
The Income Tax Appellate Tribunal (ITAT) Delhi ruled that property received through a Hindu family settlement is not a taxable gift. The tribunal found that the transfer, executed as a formality following a family arrangement, did not constitute a taxable 'transfer' under the Income Tax Act, thereby dismissing the tax department's appeal.
Are SIP top-ups a smart way to build wealth over time?
As incomes rise, wealth advisors suggest increasing Systematic Investment Plan (SIP) allocations. A Top-up SIP facility allows automatic, predefined increases in monthly contributions, ensuring investments grow with income and goals. This strategy helps investments keep pace with inflation and reach financial targets sooner.
NHA and ESIC sign MoU for convergence of ESI scheme with AB PM-JAY
Another MoU was inked between ESIC and the National Accreditation Board for Testing and Calibration Laboratories (NABL) to promote quality assurance and accreditation across ESIC healthcare facilities
FSIB recommends Hitesh Joshi for CMD position in GIC Re
Joshi, who is currently Executive Director with the State-owned reinsurer, has been exercising the financial and administrative powers and functions of CMD of GIC Re since October 1, 2025
Banks up scrutiny on large value branch transaction post IDFC First Bank fiasco
The RBI may engage with IDFC First Bank bilaterally to identify the gaps and persons accountable for the fraud
IDFC First Bank re-pays 583 crore to Haryana government departments
The matter is confined to a specific group of government-linked accounts within Haryana Govt operated through the said branch in Chandigarh and does not extend to other customers of the Chandigarh Branch
Wealth quote of the day: Price is what you pay, value is . by Warren Buffett
A promise for tomorrow: Why term insurance matters today
Term insurance is a vital promise, not just a financial product, offering a safety net for your family's future by replacing your income and covering debts. Acting now secures lower premiums and peace of mind, ensuring your loved ones' stability and dreams endure, regardless of life's uncertainties.
Maharashtra, New Delhi among top 10 states that contributed maximum to average AUM in January
Top 10 states accounted for Rs 82.01 lakh crore in mutual fund AAUM in January 2026, led by Maharashtra and Delhi. Franklin Templeton Mutual Fund reported rising contributions from Karnataka, Gujarat, West Bengal and Uttar Pradesh, reflecting broad-based growth over January 2025 levels.
All money lost in IDFC First Bank fraud recovered: Haryana CM
The government will ensure that anybody who is involved be it a bank employee, private individual or even a government employee -- will not be spared, he said
Top 4 small cap mutual funds to invest in February 2026
ETMutualFunds shortlisted top small cap schemes based on rolling returns, consistency, downside risk, outperformance and minimum asset size. Funds from Axis Mutual Fund, SBI Mutual Fund, Kotak Mutual Fund and Nippon India Mutual Fund posted strong three-year returns, making them suitable for aggressive, long-term investors despite quartile fluctuations.
DA/DR hiked to 35% in this state: Check revised salary and pension impact
80 lakh cash loan row: Madras HC refuses to force PAN disclosure, sends papers to I-T dept
The Madras High Court has sent case files concerning an Rs 80 lakh cash loan to the Income Tax Department for scrutiny. The court ruled that the lender does not need to disclose his PAN number. This action follows a borrower's request for tax investigation into the large cash transaction. The court's decision aims to curb black money transactions.
Too many mutual funds in your portfolio? Overdiversification could be hurting returns
An investor's diversified mutual fund portfolio, while well-intentioned, suffers from overdiversification, diluting potential returns. An expert advises consolidating into four to five core funds across distinct categories to enhance performance and simplify management. The aggressive Rs 4 crore goal in 10 years is also deemed challenging, suggesting an extended timeline.
Rs 19.50 lakh/month income on Rs 18,000 investment? Government explains reality of viral message
A fraudulent scheme is circulating online, falsely claiming high returns on a small investment. This scam impersonates a national news brand and Union Finance Minister Nirmala Sitharaman. The Press Information Bureau has confirmed it is fake and AI-generated. Citizens are warned against clicking suspicious links or sharing personal financial details.
Paytm launches savings in Silver on its app
Starting at 20, Paytm Silver will enable savings in small amounts
Rs 1.5 lakh tax refund delay scam: How fraud happened, red flags and safety tips to stay cautious
Sitting on gold or silver gains? Here is how investors can lock in gains without higher tax bill
Investors sitting on gold or silver gains can use smart tax-harvesting strategies to lock in profits while keeping their tax outgo in check.
Income Tax Dept sends 'Nudge' notices to high-salary executives; Here's what to do if you got one
Individual investors AUM jumps 8x in a decade vs 6x industry growth: Franklin Templeton
Individual investors are driving substantial growth in India's mutual fund industry. Their assets under management have expanded at a faster pace than the overall market. This trend highlights increasing participation and confidence from individual investors. The industry is also seeing wider acceptance beyond major cities, indicating a growing financial literacy and wealth creation focus across India.
What is the difference between online bond platforms and stockbrokers?
Are you a HENRY? How lifestyle creep and high EMIs stop high earners like you from getting rich
The Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a balance up to Rs 1,000. These funds will be credited to Aadhaar-seeded accounts or to nominees/legal heirs if the account holder has passed away.
Freshers or 35+ professionals: Who survives Indias AI IT reset?
In a significant ruling on February 5, 2026, the Allahabad High Court affirmed that a deceased employee's legal representative can claim terminal dues, including family pension, as part of the deceased's estate. This decision overturned a single judge's order that denied a widow, Smt. Tiwari, her husband's higher pension. The dispute arose from a backdated correction of her husband's regularization date from 2000 to 1993, entitling him to proportional pension and benefits. Despite the correction order and subsequent communications, the benefits remained unpaid. The High Court found the single judge's dismissal of the widow's locus standi erroneous, emphasizing that accrued service and pensionary benefits survive the employee.
Best gilt mutual funds to invest in February 2026
Gilt funds are not recommended to regular debt investors because they are risky and volatile. Gilt funds suffer the most when the rates go up. The bond prices and yields move in opposite directions. When the rates go up, bond prices come down. This drags down the NAVs of schemes.
A recent Delhi High Court ruling highlights the critical need for registered title deeds in property disputes. Mr Bhatia lost his ancestral property case due to insufficient documentation. Experts advise regularizing ownership based on unregistered agreements or GPA. Formalizing oral family partitions with registered deeds is also recommended. Long possession alone does not guarantee ownership.
Gold, silver ETFs slip up to 3% on US tariff uncertainty. What should investors do?
Gold and silver ETFs saw drops on Tuesday. Prices opened lower on MCX, with investors considering a stronger US dollar and global tensions. Experts suggest long-term strength for precious metals. Investors are advised to allocate cautiously, limit exposure, and invest gradually. Buying on dips is recommended for gold and silver.
Technology mutual funds are currently the worst performers across various timeframes. Experts advise against emotional decisions. Investors with limited exposure should stay invested. For new investments, diversified funds are recommended. Sectoral funds require precise timing, making them unsuitable for regular investors. The IT sector faces challenges from global slowdown and AI disruption.
BPCL Share Price Live Updates: BPCL's Price Analysis
Global ETF craze has retail buyers paying steep premiums
Investors are flocking to international mutual funds for higher returns. However, many overseas ETFs are trading at a 20-25% premium to their actual value. This is due to Reserve Bank of India's investment limits for mutual funds. Investors buying these ETFs on exchanges face a risk of significant capital loss if the RBI lifts these restrictions.
Govt to auto credit 30.52 crore in 7.11 lakh inoperative EPFO accounts
Overall 10,903 crore is lying idle in 31.86 lakh inoperative accounts, opened over the last two decades
IOB Officers call for strike on March 2 demanding work-life balance and right to disconnect
As part of the planned agitation schedule, demonstrations were held at regional centres on February 23, followed by protests on February 26, culminating in the March 2 strike
Airtel to invest 20,000 crore in NBFC arm Airtel Money
While Airtel will contribute 70% of the investment, the promoter group, via Bharti Enterprises, will contribute 30% over the next few years
Star Health Insurance sees 50% increase in new policy demand post GST cut on health insurance
The companys focus is on increasing insurance penetration and securing new-to-insurance customers, especially in Tier 2 and Tier 3 geographies
XXKK Exchange: Overview of the cryptocurrency platform
XXKK Exchange provides a wide range of digital asset trading options. It caters to both new and experienced traders with features like spot trading and leveraged contracts. The platform emphasizes user-friendly onboarding and automated tools. XXKK has expanded its services globally, including in India. Independent reviews offer varied perspectives on its operations and trustworthiness.
Ancestral properties are not exempt from attachment under the Prevention of Money Laundering Act, 2002, the Delhi High Court has ruled. The court clarified that the law doesn't create exceptions for inherited assets, stating they can be seized if they represent the equivalent value of crime proceeds. This decision impacts family-owned properties in money laundering cases.
How to get lifetime income from Rs 1 crore retirement corpus: 4 investment strategies compared
NFO Alert : Capitalmind Mutual Fund launches a multi asset allocation and arbitrage fund
Capitalmind Mutual Fund introduces two new investment options. The Capitalmind Multi Asset Allocation Fund offers diversified exposure across equities, fixed income, and commodities. The Capitalmind Arbitrage Fund aims for low volatility and tax-efficient returns through market mechanics. Both funds are open for subscription until March 9 and will reopen on March 20. Minimum investment starts at Rs 5,000.
An NRI man earned Rs 44 lakh salary abroad and deposited it in his NRE account. The Income Tax Department issued a notice, but the Income Tax Appellate Tribunal (ITAT) Ahmedabad ruled in his favor. The tribunal stated that salary earned overseas and credited to an NRE account is not taxable in India. This decision provides significant relief to non-residents.
Rs 3 crore corpus and no liabilities: Is SWP a smart retirement strategy?
With a Rs 3 crore corpus and no liabilities, a systematic withdrawal plan can offer a tax-efficient and flexible retirement income. Experts suggest hybrid funds, disciplined withdrawals around 7%, and periodic review to balance growth and stability while managing market volatility and ensuring long-term sustainability of post-retirement finances.
Merchant payments outpace consumer play as Paytm holds profit edge: Bernstein
NEW DELHI, Feb 23: Merchant payments are emerging as the more attractive segment in Indias digital payments ecosystem, with Paytm retaining an edge in revenue intensity and profitability, according to a February 23 report by Bernstein. The brokerage said merchant acquiring offers structurally stronger monetisation than consumer payments, driven by higher take-rate instruments such as credit cards and online gateways, device-led revenue streams, and the ability to cross-sell credit. In contrast, consumer payments, particularly peer-to-peer (P2P) UPI transactions, remain difficult [] The post Merchant payments outpace consumer play as Paytm holds profit edge: Bernstein appeared first on Daily Excelsior .
