16 C 
HDFC Bank board to meet next week to discuss Chairman replacement
Investor unease persists as board evaluates leadership transition and next steps
SBI faces 6,337.5 crore Income Tax demand for AY 2023-24
SBI noted that it is already in litigation on similar grounds for earlier assessment years
RBIs Central Board assesses emerging global and domestic economic scenario
Economists say the economy faces challenges on imported inflation via the energy route, possibility of widening current account deficit and rising fiscal deficit
The Latest Fixed Deposit Interest Rates: Mar 13, 2026
The Latest Fixed Deposit Interest Rates: Mar 13, 2026
The Latest Home Loan Interest Rates: Mar 13, 2026
The Latest Home Loan Interest Rates: Mar 13, 2026
Is there a new scheme promising Rs 20 lakh monthly returns? Here is what the government said
Beware of fake investment schemes promising huge monthly returns. Fraudsters are using misleading websites and AI-generated content, falsely associating Finance Minister Nirmala Sitharaman with these scams.
Planning your daughters future? 9 investment options parents should know
State Bank of India faces 6,338 crore tax demand
Income Tax order relates to AY24 scrutiny assessment proceedings
PPFAS, Quant Mutual Fund among 6 AMCs holding over Rs 13,000 crore cash in February
Several major fund houses are holding substantial cash reserves, with SBI Mutual Fund leading with over Rs 34,000 crore. PPFAS Mutual Fund also stands out with a significant 21.19% of its assets in cash. This trend highlights a cautious approach by some of India's largest asset managers, with over Rs 13,000 crore held by just six entities in February.
SBI Mutual Fund: ITC and Eternal among stocks bought and sold in February
Five major AMCs, including HDFC and SBI Mutual Fund, received over Rs 10,000 crore inflows each from top 30 cities in February, driving growth in monthly AAUM. ICICI Prudential Mutual Fund led the inflow chart, reflecting continued investor preference for large fund houses amid steady market participation.
Gold prices are experiencing a dip in India. This is happening even as geopolitical tensions between Israel and Iran continue. Major jewellery brands like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas are showing lower rates.
Planning to invest in mid and smallcaps amid a volatile market? Heres what 5 experts recommend
Amidst West Asian conflict-induced market volatility, experts offer varied perspectives on investment strategies. While some see improved earnings-valuation for mid- and smallcaps, others advise caution due to elevated valuations, recommending diversified or staggered approaches. Focus remains on quality businesses as geopolitical clarity emerges.
ET Wealth Reader's Query: I am 34, a doctor, married with an infant daughter. Is this the right time to buy term insurance? If so, what cover and amount should I consider?
NRI term plans are 2050% cheaper in India: Check this before buying
NRIs can purchase term insurance in India to financially secure their families back home, with simplified processes and lower premiums compared to overseas options. While eligibility depends on residency and risk profile, claim settlement for overseas deaths is streamlined. Read on to learn about claim settlement process and whether NRIs should opt for term insurance in India or in their country of residence.
The Income Tax Rules, 2026 have been notified, introducing significant changes for salaried taxpayers. Key updates include revised motor car perquisite valuations, an increased tax-free loan limit to Rs 2 lakh, and enhanced meal voucher exemptions under the old tax regime. HRA benefits now extend to more major cities, with new disclosure requirements for landlords.
SBI hikes FD interest rate by 25 bps on these deposits: Check details
State Bank of India is raising interest rates on bulk fixed deposits above Rs 3 crore. Effective March 15, 2026, these rates will see a 25 basis points increase. Rates for smaller deposits remain unchanged.
New Income Tax Rules, 2026, offer higher HRA tax exemptions for salaried individuals in eight major cities, including Mumbai, Delhi, and Bengaluru. A key change requires disclosing relationships with landlords in Form 124, especially for family rentals, to ensure genuine transactions and enhance transparency for tax authorities.
Anil Ambani reaches CBI headquarters for second day of questioning in an alleged bank fraud case
A criminal case was registered against Reliance Communications, Anil Ambani and others on a complaint received from State Bank of India, which is the lead bank in a consortium of 11 banks
All investments in green? Heres how to realign your mutual fund portfolio
Choosing the right mix of mutual funds and rebalancing at the right time is essential for long-term wealth creation. Experts suggest reviewing allocation across large-cap, midcap, and small-cap categories, booking profits where required, and shifting to diversified schemes to maintain balance, reduce risk, and strengthen overall portfolio health.
A husband's sale of a Noida house for Rs 95 lakh has been upheld by the Allahabad High Court. The court ordered the wife to vacate the property and pay Rs 60,000 monthly damages to the new owner for her illegal occupation since 2011. Her claim of contributing stridhan to the purchase was rejected due to lack of proof.
RERA relief: Interest for delayed flats can be recovered as land revenue arrears
Homebuyers can now recover interest for delayed property possession from builders as Arrears of Land Revenue under RERA. This classification, upheld by Punjab RERA and the Supreme Court, allows recovery through the state's revenue machinery, bypassing lengthy civil court processes. Builders face stringent recovery actions, including asset attachment and potential arrest, for non-compliance.
Gold and silver ETFs climb up to 4% after two-day dip. Is the trend reversing?
Gold and silver ETFs rebounded up to 4% after a two-day decline, tracking a recovery in MCX prices. Experts view the rise as a short-term relief rally amid persistent bearish sentiment driven by strong dollar, hawkish Fed stance, and rising oil prices linked to Middle East tensions.
New rules for National Highways Fee are now in effect. An e-notice system will track unpaid toll charges. Vehicle owners will receive electronic notices for missed payments. Failure to pay can lead to vehicle service restrictions.
MF Tracker: This flexicap fund turns Rs 10,000 SIP to Rs 1.35 crore in over 2 decades
HSBC Flexi Cap Fund has demonstrated impressive long-term performance, turning a Rs 10,000 monthly SIP into Rs 1.35 crore over 22 years. Despite recent market dips and some negative calendar year returns, the fund has consistently outperformed its benchmark and category average across various timeframes, showcasing its wealth creation potential.
Bajaj Auto Share Price Live Updates: Bajaj Auto's Current Market Price
HDFC Bank Share Price Live Updates: HDFC Bank Price Movement
Wipro Share Price Live Updates: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
RIL Share Price Live Updates: RIL's Current Trading Price
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's Daily Performance Update
Divis Labs Share Price Live Updates: Divis Labs sees a positive shift in its stock price
ONGC Share Price Live Updates: ONGC's Daily Performance Update
BPCL Share Price Live Updates: Today's Performance of BPCL in the Market
Grasim Inds Share Price Live Updates: Grasim Industries' stock price climbs as market trends shift
Asian Paints Share Price Live Updates: Asian Paints shows positive movement in the market
Bought DLF Camellias flat with Rs 9.82 crore discount, faced tax notice; ITAT gives relief
The Income Tax Tribunal ruled that property purchase discounts are not taxable as income. A homebuyer received a Rs 9.82 crore discount on a Rs 32.95 crore flat, which the IT department tried to tax. The tribunal also allowed a Rs 9.65 crore capital gains exemption, reversing the lower authority's decision.
Bajaj Finserv Share Price Live Updates: Bajaj Finserv's Price Trends
Central government employees are keenly awaiting the 8th Pay Commission's recommendations. Calculations show potential salary hikes and arrears for employees with basic pay under Rs 50,000. Different fitment factors are being considered. Arrears could be substantial, impacting lifestyle and purchasing power. The government's final decision is expected in over a year.
Bank holiday today: Bank customers can note upcoming closures for Ramzan Eid in March 2026. The Reserve Bank of India has confirmed specific dates for bank holidays.
HDFC Bank has been repeatedly hauled up by regulators on compliance issues
HDFC Bank: Chakrabortys sudden exit as Part-time Chairman stirs hornets nest
Stock hits 52-week low; banks board may approach M Rajeshwar Rao, former Deputy Governor of RBI, to replace Chakraborty
No power struggle in HDFC Bank, Chakrabortys resignation baffling
Differences of opinion/views will always be there between individuals, but there was nothing substantive whatsoever in the bank
India's largest asset manager SBI Funds Management files for IPO
India's largest asset manager SBI Funds Management filed for an initial public offering, where its existing investors State Bank of India and Amundi will together offload a 10% stake, its draft prospectus showed on Thursday.
Misuse of Insolvency and Bankruptcy Code by loan defaulters has tendency to badly impact economy: HC
The court said it has noticed a disturbing trend in which chronic defaulters take resort to the provisions of the IBC to frustrate secured creditors and auction purchasers from proceeding under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
Sahara refund portal update: Have claim up to Rs10 lakh? Check resubmission process
Depositors can now access a simplified refund process through the CRCS-Sahara refund portal for claims up to Rs 10 lakh. This Supreme Court-monitored initiative allows resubmission for those with previous deficiencies or payment failures, with claims processed within 45 working days.
HDFC Bank, TCS among 5 Sensex stocks hitting 52-week lows; down up to 16% in a month
Indian stock markets experienced a significant downturn on Thursday. The benchmark Sensex dropped by 2,497 points, closing at 74,207. Amid this sharp decline, five prominent stocks within the BSE Sensex index reached their 52-week lows.
Jairam Ramesh, who held different ministries during the United Progressive Alliance (UPA) government, came down heavily on the current government, saying during the Modi governments nearly 12-year tenure, several social security schemes have gradually weakened, or have been deliberately made weakened.
South Mumbai home prices are set to rise. The ongoing Gulf war is increasing construction costs for builders. This could lead to a 5% price hike for luxury apartments. Steel and aluminium prices have surged. Imported fittings also cost more. Buyers may face an additional Rs 50-150 per square foot.
Finance Ministry calls HDFC Bank strong institution with sound fundamentals
The RBI approved Keki Mistry as interim part-time chairman, ensuring a smooth transition amid the ongoing HDFC-HDFC Bank merger
Auto stocks led the market decline as the Nifty plunged 600 points, with the sector falling up to 4% amid rising crude oil prices and Fed-driven macro concerns. Weak sentiment was compounded by geopolitical tensions, while banks and IT also dragged indices lower despite broader sectoral pressure.
Are you living in illusion of safety of fixed deposit held in a bank? Do this to safeguard your FD
FD investors often overlook bank failure risks, as only 5 lakh per depositor per bank is insured by DICGC. Spreading funds across multiple banks and legal owners, including joint accounts and family members, is crucial to maximize insurance coverage and protect principal beyond the 5 lakh limit.
Festive occasions like Ugadi and Gudi Padwa see many people buying gold. Today, March 19, 2026, gold prices have dropped. Major jewellers like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas are offering 22k gold at competitive rates. IBJA data also shows a dip in gold and silver prices compared to yesterday.
Income tax refund delay: Why lakhs of taxpayers are still waiting and what the rules say
Many taxpayers who filed ITRs for FY 202425 (AY 202526) are still waiting for refunds. However, such delays are not uncommon and do not always indicate an issue with the return.
Foreign selloff in financials hammers India's Nifty 50 to worst fortnight since COVID-19 crash
Foreign selling in Indian equities surged in the first half of March, led by financials, marking the heaviest fortnightly selling in 17 months and dragging the Nifty 50 to its worst fortnight since the COVID-19-led rout in March 2020.
HDFC Bank crashes 9% in one day. Which mutual funds have highest exposure to this stock in February
HDFC Bank shares fell nearly 9% after the resignation of Chairman Atanu Chakraborty triggered leadership concerns. Mutual funds held 359 crore shares worth Rs 3.19 lakh crore before the fall, with SBI Mutual Fund leading exposure. The data highlights significant institutional holding in the stock despite recent volatility.
Karnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregulating alcohol pricing. This move is expected to lead to price corrections in the economy beer segment, where United Breweries holds a substantial market share. Analysts predict a positive impact on the company's revenue and earnings.
ATM rules : Several Indian banks, including HDFC, PNB, and Bandhan Bank, are implementing changes to ATM withdrawal policies effective April 1, 2026. These modifications involve UPI withdrawal limits, daily withdrawal caps on specific debit cards, and revised free transaction counts.
HDFC Bank's Covid plunge to earnings disappointment: 5 biggest single-day stock crashes since 2020
Shares of HDFC Bank slumped nearly 9% after part-time Chairman Atanu Chakraborty resigned, citing value misalignment, prompting interim replacement Keki Mistry. The selloff marks the fifth 8%-plus single-day crash since 2020, even as the RBI flagged no governance concerns.
These 9 smallcap multibaggers of 2025 fall up to 30% in less than 3 months
SBI Life Share Price Live Updates: SBI Life's three-month returns reflect a decline
The cost of living in India varies significantly based on the city you choose. Cost of living includes daily expenses like food, transport, utilities, and entertainment, with rent typically being the largest additional expense. City indices are useful for comparing affordability; lower scores mean cheaper living. Based on Numbeo data (March 2026), heres a simple breakdown to help you compare and plan smarter.
Who is Atanu Chakraborty and why did HDFC Bank lose Rs 1 lakh crore?
HDFC Bank's share price plummeted by up to 9%, wiping out over Rs 1 lakh crore in market value following the resignation of its part-time Chairman, Atanu Chakraborty. Chakraborty cited ethical concerns over the bank's practices in recent years. Interim Chairman Keki Mistry assured investors there was no power struggle and no governance issues were discussed by the board.
The shares of HDFC Bank fell as much as 8.7% on Thursday before paring losses, after the exit of part-time chairman Atanu Chakraborty citing ethical concerns. RBI has reassured that the bank is financially sound and that there are no material concerns as regards its conduct or governance. Chakraborty has called his resignation quite routine and othing worth discussion.
TCS Share Price Live Updates: TCS's beta value points to stability
Property sellers can now fix TDS credit mistakes. If a buyer incorrectly deposited TDS, sellers can file Form 71 within two years. This form helps align TDS credit with the correct assessment year. The ITAT Delhi recently upheld this, ensuring sellers receive credit even if the buyer erred. This mechanism aids taxpayers in claiming their rightful TDS.
Bharti Airtel Share Price Live Updates: Bharti Airtel's Stock Price Recap
HDFC Bank, RIL, and Infosys among top 10 stock holdings of HDFC Mutual Fund in February
Coal India Share Price Live Updates: Coal India Closing Price Analysis
Atanu Chakraborty calls resignation from HDFC Bank routine
Nothing worth discussion, says former Non-Executive Chairman of HDFC Bank Atanu Chakraborty about resignation
Adani Ports SEZ Share Price Live Updates: Trading volume for Adani Ports SEZ
IndusInd Bank Share Price Live Updates: IndusInd Bank's Market Close
HPCL, BPCL & IOC shares fall up to 7% to hover near 52-week lows. Right time to buy?
Shares of HPCL, BPCL and Indian Oil fell sharply on Thursday as crude oil prices surged past $110 per barrel amid escalating conflict involving Iran and Israel. Brokerages, including UBS, warn earnings may weaken sharply unless fuel pricing or subsidies change.
Titan Company Share Price Live Updates: Titan Company achieves significant 3M returns
IndiGo, Asian Paints, other crude-sensitive shares plunge up to 4% as oil soars back above $110
Crude-sensitive stocks including airlines, paint and tyre makers fell up to 4% as Brent crude surged above $110 amid escalating geopolitical tensions. Rising oil prices are expected to pressure margins and fuel costs, with analysts warning of potential impact on Indias macroeconomic indicators if elevated prices persist.
No material concerns on record as regards HDFC Banks conduct or governance: RBI
HDFC Bank part-time chairman Atanu Chakraborty resigns citing differences with the lender over values and ethics
Nifty Bank plunges 3% as HDFC Bank crashes: Key levels to watch out for
HDFC Bank's shares plummeted nearly 9%, dragging the Nifty Bank index down over 3% and breaching key support levels. Other major bank stocks also saw declines, influenced by HDFC Bank's fall and the US Federal Reserve's hawkish stance. Investors now await the RBI's upcoming meeting for further direction.
The Employees Provident Fund Organisation has simplified rules for international workers. Payments can now be made directly to overseas bank accounts. This eases hardships related to tax forms. Only nations with Social Security Agreements are eligible. A nodal office in Delhi will manage tax forms. This change aims to streamline fund transfers for global employees.
8 equity mutual funds cross Rs 70,000 crore AUM; top 3 manage over Rs 1 lakh crore each
Gold, silver ETFs tumble up to 8% on Feds hawkish stance. Is it time to buy the dip?
Silver and gold exchange-traded funds saw a sharp decline on Thursday. This happened after the US Federal Reserve kept interest rates steady and signalled a cautious approach to future cuts. Several silver ETFs dropped up to 8%, while gold ETFs fell between 2% and 4%.
HDFC Bank shares down 5.11% as Chairman quits over ethical concerns
It opened at 770, the days low and a new 52-week low, breaking the previous range floor
Mutual funds bet big on healthcare, outpace BSE 200 exposure. Should you join in?
Mutual funds significantly increased their allocation to the healthcare sector in February 2026, making it their fourth-largest exposure. This overweight stance, exceeding the BSE 200 benchmark, is driven by strong earnings visibility, export potential in pharmaceuticals, and rising insurance penetration. Experts suggest moderate exposure for investors, balancing stability with sectoral concentration risks.
Best arbitrage mutual funds to invest in March 2026
Arbitrage funds look for arbitrage opportunities available between the cash and derivatives markets. In other words, the fund managers in these schemes look for the price difference that they can exploit between the cash and derivatives markets. They may also invest in debt securities and equities if there are no arbitrage opportunities available in the market.
HSBC mulls massive job cuts in AI adoption move
Non-client facing roles in global service centres among those expected to be most impacted
8 simple habits that prevent lifestyle creep and boost your savings
A man from Bharuch, Gujarat had sold two agricultural lands for Rs 8.75 crore capital gains to a company who subsequently used the lands for industrial purposes. This man however, paid no income tax The Income Tax Department issued a notice. The ITAT Ahmedabad ruled in his favour for this reason.
Gudi Padwa bank holiday today 2026: Are banks closed today on March 19, 2026 in your state?
Banks across several Indian states will be closed on Thursday, March 19, 2026, due to various regional festivals. Celebrations like Gudi Padwa, Ugadi, Telugu New Year, and Sajibu Nongmapanba will lead to closures in states.
Jerome Powell says he will stay Fed chair until successor is confirmed
With Kevin Warshs nomination pending and legal proceedings ongoing, Powell signalled he could serve as chair pro-tem beyond his May term-end if needed
Fed holds rates steady, flags inflation risks amid USIran conflict uncertainty
While policymakers still expect one rate cut this year, growing uncertainty and sticky inflation have made future moves less predictable.
