37 C 
8th Pay Commission pension update: Employee body seeks 50% assured pension for NPS subscribers
Silver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver imports. Global geopolitical tensions and inflation worries also contributed to the price rise. Experts predict higher domestic prices and potential impact on consumer demand. The duty hike aims to reduce India's trade deficit and support the rupee.
A study by WhiteOak Capital Mutual Fund suggests gold can do more than just act as a safe-haven asset, helping improve portfolio returns when combined with equity and debt investments. Analysing data from September 2001 to April 2026, the study found that adding equities to debt portfolios boosted returns without a proportional rise in risk.
RBI likely to pay record dividend to government this year
RBI is likely to decide about the dividend quantum in its board meeting expected to be held this month
NFO Alert: SBI Mutual Fund launches two target maturity debt index funds
SBI Mutual Fund has launched two target-maturity debt index funds focused on government securities and SDLs, with the NFO open between May 14 and May 19. The schemes aim to provide predictable fixed-income exposure through low-cost, rule-based investment strategies linked to sovereign and quasi-sovereign instruments across defined maturities.
HDFC Mutual Fund: Eternal, RIL and HDFC Bank among top 10 stock holdings in April
HDFC Mutual Funds April 2026 portfolio remained banking-heavy, led by ICICI Bank, HDFC Bank and Axis Bank, while increasing exposure to Reliance Industries, Bharti Airtel, Kotak Mahindra Bank and Eternal.
Gold prices surged on Wednesday, May 13, 2026, following a government increase in customs duty from 6% to 15% to curb imports. This duty hike is expected to further elevate domestic bullion prices, potentially impacting jewellery stocks and consumer demand, with significant price jumps observed across major brands.
Fake Income Tax email alert! SilverFox hackers target Indians with dangerous malware
New rules under the UK Renters Rights Act 2025 require landlords to give tenants an official Information Sheet. This document explains changes to tenancies. Landlords must provide this by May 31, 2026, or face fines. All tenancies will now be periodic, offering tenants more flexibility. Existing written agreements do not need immediate changes.
RBI Governor sees fuel price hike if crude oil stays high
His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves.
382% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.82 lakh
Sovereign Gold Bond : The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond SGB 2018-19 Series-III. Investors can redeem these bonds from May 13, 2026. The redemption price is fixed at Rs 15,102 per unit.
HDFC Defence Fund increase stake in HAL, Bharat Electronics & 6 other stocks in April
HDFC Defence Fund, the sector's sole actively managed offering, significantly boosted its holdings in Hindustan Aeronautics (HAL) and Bharat Electronics during April. The fund also increased its stake in six other companies, including Aequs, while reducing its exposure to Rishabh Instruments. Its portfolio remained stable with 22 stocks across various sectors.
Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says
Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems
Parag Parikh Flexi Cap Fund: ITC and Coal India among stocks bought and sold in April
Parag Parikh Flexi Cap Funds assets under management rose to Rs 1.40 lakh crore in April as the fund increased exposure to several large-cap stocks, reduced holdings in Coal India and Power Grid, and exited Balkrishna Industries completely. The fund maintained a sizeable cash allocation amid its long-term investment-focused strategy.
Retiring with a large EPF corpus? Heres how to allocate money across fixed income and mutual funds
Retirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on stable, tax-efficient income generation and long-term growth for surplus funds. Expert Shivam Pathak suggests a mix of government-backed schemes, G-Secs, and diversified mutual funds to meet these objectives.
RBI likely to maintain rate pause as FY27 CPI seen at 4.8-4.9%: Report
Elara Capital report flags upside risks from oil prices and rupee depreciation, with potential hike only if inflation hits 6 per cent durably
A French national ran a restaurant in Karnataka for 15 years on a tourist visa. The Karnataka High Court upheld a 'Leave India' notice issued by the FRRO. The court stated foreign nationals have no right to reside or conduct business in India on a tourist visa. The Frenchman must leave within seven days.
Gold and silver ETFs rally up to 15% after government raises import duty. What should investors do?
Gold and silver ETFs rallied on Wednesday after prices of the precious metals surged on the Multi Commodity Exchange of India, following goivernemt announced higher import duties. Most gold and silver ETFs logged broad gains, while experts urged investors to avoid timing the spike and instead use SIPs to navigate the volatility.
TVS Credit Q4 net profit up 13% at 256 crore
For the full year FY26, net profit after tax stood at 913 crore, a growth of 19% from FY25
Best focused mutual funds to invest in May 2026
Focused equity mutual funds invest in a maximum of 30 stocks. These schemes offer concentrated portfolios where fund managers make high-conviction bets. While successful stock picks can lead to significant gains, wrong calls can result in substantial losses. Investors with a higher risk appetite and a seven-year investment horizon may consider these funds.
Rs 65K minimum pay, 3.8 fitment factor for 8th Pay Commission: What Maharashtra pension body demands
Bond laddering: What it is, how it works, and who should use it in 8 takes
How can you make Rs 1 crore retirement corpus from PPF investment?
The PPF maturity period is 15 years, after which, you can continue your PPF account with or without contributions. PPF provides a 7.1% interest rate, which is reviewed quarterly. But if we assume that the interest rate wont change, your PPF investment can help you build a Rs 1.03 crore corpus in 25 years.
A Bengaluru RTO officer unlawfully seized Mr. Rama's demo car, leading to a zero FIR and charges of fraud. The Karnataka High Court quashed the FIR, criticizing the officer's illegal actions and ordering a departmental inquiry. The court emphasized due process, stating seizure is a last resort after proper notice and determination of tax evasion.
Salaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perquisites. The new rules for Tax Year 2026-27 allow for tax-free benefits on items like meal coupons and gadget reimbursements, potentially bringing a Rs 15 lakh CTC to zero tax.
Fund houses face fresh compliance push on portfolio overlap
SEBI now requires fund houses to cap portfolio overlap between sectoral/thematic funds and other equity schemes at 50%, giving them three years to comply. This move aims to enhance diversification and prevent investors from unknowingly holding duplicate stocks across multiple funds. Wealth managers urge investors to also scrutinize their personal portfolios for such overlaps.
MobiKwik posts second straight profitable quarter in Q4
Eyes FY27 growth on merchant payments, AI
Canara Bank sees more money flowing into deposits amid market volatility
Bank sharpens its focus on low-cost liabilities and high-yield retail lending
India gets its UPI for EV charging as Kumaraswamy unveils unified Bharat e-charge
Unified Bharat e-Charge, which businessline first reported on May 10 as a UPI for EV charging, will let EV users locate, book and pay across BPCL, Indian Oil, HPCL and private charging networks through a single interoperable platform
At 1.98 lakh crore, PSBs clock record high net profit in FY26
With 11% growth y-o-y, this marked the fourth consecutive year of aggregate profitability for PSBs
What should you do with your gold investments after PM Modi urges people to postpone gold purchases?
Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is welcomed, the industry fears business and job impacts. Experts advise existing investors to hold, suggesting digital gold for new buyers, and propose solutions like domestic gold recycling and tax law amendments to address import concerns.
Bharti Airtel, RIL and Infosys among 9 stocks owned by 600 mutual funds in April
Mutual funds showed strong preference for banking and largecap stocks in April, with HDFC Bank, ICICI Bank and State Bank of India topping holdings across more than 700 schemes.
One Mobikwik posts 4 cr profit for March quarter
One Mobikwik had incurred a loss of 56 crore in the same period a year ago
Eleven new mutual funds launched in April collectively raised 828 crore, led by index funds, while the SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund attracted the highest investor inflows.
Ayushman Bharat scheme for West Bengal: Who is eligible for AB-PMJAY and how you can apply
West Bengal is bringing back the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana. This scheme provides cashless health insurance of up to Rs 5 lakh per family each year. All senior citizens aged 70 and above can now apply for this coverage. The government aims to ease the burden of medical expenses for its citizens.
These 9 equity mutual fund categories see inflows in April. Flexi cap hits record Rs 10,147 crore
Equity mutual fund inflows declined 5% to Rs 38,440 crore in April, though most equity categories continued to attract investments. Flexicap funds recorded their highest-ever monthly inflow, while smallcap and midcap funds also saw strong traction. Meanwhile, sectoral and thematic fund inflows moderated, reflecting increasing investor selectivity amid volatile market conditions.
EXIM Bank plans 99,500 crore fundraise in FY27
The spread on the banks 10-year bond issued in January has narrowed to 70 bps from 86 bps over the past three months, MD Harsha Bangari said
Canara Bank has revised its lending rates. The bank increased its Marginal Cost of Funds Based Lending Rate by 5 basis points for all loan tenors. These new rates are effective from May 12, 2026. Borrowers with MCLR-linked loans may see higher EMIs. Bank of Baroda has kept its MCLR rates unchanged.
SIP vs RD: Which turns 10,000 monthly investment into a bigger corpus in 10, 15 & 20 years?
How to rebalance my portfolio in current environment?
ET Wealth Reader's Query: How to rebalance portfolios in the current environmentbetween equity, debt, gold, and global assetsto manage both risk and return?
Gold prices are high today, May 12, 2026. Major jewelers show rising rates for 22k gold. This follows a call to reduce gold buying for a year to help foreign exchange reserves. The India Bullion and Jewellers Association wants policy changes to use household gold better. They suggest allowing gold lending and borrowing.
Gold ETF inflows jump 34% to Rs 3,040 crore in April; silver ETFs log third straight outflow
Gold Exchange Traded Funds attracted substantial investment in April, with inflows surging by 34 percent. This marks a positive trend for gold ETFs. Conversely, silver ETFs faced continued investor withdrawal for the third consecutive month. Despite these movements, gold prices remained relatively stable. Assets under management for gold ETFs also saw an increase.
The mutual fund SIP stoppage ratio stayed above 100% in April for the second straight month, even as investors contributed Rs 31,115 crore. SIP inflows dipped 3% month-on-month, but industry leaders say steady participation, rising folios and robust SIP assets highlight investors growing confidence in long-term, goal-based investing.
Sectoral and thematic mutual fund inflows dropped 28% in April, raising investor caution. Experts suggest this trend reflects investors chasing hot themes and then moving on. While some sectors like defence and manufacturing show continued interest, diversified funds are recommended for long-term stability. SIPs in these funds can be continued with controlled exposure.
7 ways to crush credit card debt and build a 700+ score
Best flexi cap mutual funds to invest in May 2026
Flexi cap mutual funds offer fund managers the flexibility to invest across market capitalizations and sectors, making them suitable for moderate investors seeking long-term wealth creation. With an ideal investment horizon of five to seven years, these schemes allow managers to adapt to market conditions. Investors should carefully select a scheme aligning with their risk appetite.
Q4 Results Today, May 12, 2026, Live Updates: Catch live updates
Gramin Dak Sevaks (GDS) will now receive a Dearness Allowance (DA) of 60% of their basic Time Related Continuity Allowance (TRCA) starting January 1, 2026. This increase aligns GDS DA rates with those of central government employees. The Department of Posts confirmed this revision following an approval from the Ministry of Finance.
Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claim
The Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an employee's PF funds. Despite the EPFO's claims of technical difficulties, the commission found an inordinate and unexplained delay, amounting to deficiency in service. The EPFO was directed to pay Rs 50,000 as compensation and litigation costs.
Builder denied proper parking? Know your rights under RERA & key court rulings
Homebuyers facing parking disputes with builders can leverage RERA guidelines and judicial precedents. While RERA may not dictate specific parking sizes or guest allocations, court rulings clarify common area vs. garage distinctions and address issues like pillar encroachment and inadequate aisle width. Transparency in sale agreements and adherence to NBC norms are crucial for resolving these conflicts.
War & Caution: Retail investors temper equity MF buys in April
Retail investors channeled 38,440 crore into equity mutual funds in April, a slight dip from March, amid oil price uncertainty. SIP collections also saw a decrease. Despite this, overall assets under management rose significantly due to debt fund inflows and equity market gains.
The standalone health insurance company believes the retail health insurance industry would grow at around 1617% CAGR over the next few years
Q4 ResultsToday, May 11, 2026, Highlights: Follow our live
Rupee closes at record low of 95.31 per USD
FPIs sold equities worth $844 million on Monday, triggering dollar demand for repatriation purposes
Railway pensioners and family pensioners will receive a Dearness Relief hike. Their relief will increase from 58% to 60% of their basic pension. This change takes effect from January 1, 2026. This move aims to compensate for rising prices. The increase will boost monthly pensions for millions of retirees across India.
The new labour code (Code on Wages) has given employers an option to conduct four days work week with three days fixed days off for employees. However, note that this is optional and there are certain conditions which employees and employers both need to follow before moving with four days work-week.
Investor appetite shifted towards riskier mutual fund categories in April, with mid- and small-cap funds attracting record inflows and delivering stronger returns, while large-cap funds saw declining inflows amid changing retail investment preferences despite ongoing market volatility and valuation concerns.
SEBI proposes GARUDA green-channel for faster AIF scheme launches
Under the proposal, regular AIF schemes would be allowed to launch within 10 working days of filing the PPM with SEBI through a merchant banker, unless the regulator raises objections.
8 income tax form changes in FY 25-26 that every taxpayers should know: From PAN Card to TDS forms
Mutual fund SIP inflows decline 3% month-on-month to Rs 31,115 crore in April: AMFI data
Monthly mutual fund SIP inflows declined to Rs 31,115 crore in April compared to a fresh record high of Rs 32,087 crore in March. On a yearly basis, the monthly SIP inflow went up by 18% from Rs 26,400 crore in April 2025.
ADB commits over $5 billion to India in 2025 for skills, clean energy, transport and urban projects
The total commitment included $4.238 billion in sovereign lending and $1.06 billion for private sector operations
AMFI Data: Equity mutual fund inflows decline 5% MoM to Rs 38,440 crore in April
The total inflows in equity mutual funds declined 5% to Rs 38,440 crore in April.
Canara Bank Q4FY26 earnings soften, posts 10% dip to 4,506 cr
Domestic deposits rose 7.95 per cent y-o-y to 14,36,905 crore as of March 2026, compared to 13,31,137 crore in the same period last year
Sunil Singhania led Abakkus Mutual Fund crosses Rs 5,000 crore in AUM with 1 lakh unique investors
Abakkus Mutual Fund, led by Sunil Singhania, has achieved a significant milestone, surpassing Rs 5,000 crore in assets under management with over 1 lakh unique investors. Launched in December 2025, the fund house attributes its rapid growth to investor confidence, a disciplined research-driven approach, and a focus on building trust and transparency.
A 29-year married Redditt user has shared his story of how, just four years into his job, he not only paid off his education loan but also created a corpus of Rs 50 lakh, starting his investment journey from scratch with no family inheritance.
Quant Small Cap Fund: RIL and HDFC Bank among stocks bought and sold in April
Quant Small Cap Fund adjusted its holdings in April 2026. The fund exited HDFC Bank, Jio Financial Services, and Aarti Industries among others. New additions included Triveni Tribune, Sai Parenterals, and PTC India. Exposure was trimmed in Adani Power and Aegis Logistics. The fund increased its stake in Black Box, Capacite Infraprojects, and RBL Bank.
Post office TD vs PSU bank 5-year FD: Where can you get higher maturity on Rs 2 lakh investment?
For a 5-year fixed deposit, the Post Office TD scheme currently offers a higher interest rate compared to most public sector banks' 6%-6.25%. This translates to a significantly higher maturity amount on a Rs 2 lakh investment, with the Post Office TD potentially yielding nearly Rs 90,000 in returns.
Central government employees are concerned about their NPS retirement corpus due to market fluctuations. The All India NPS Employees Federation has proposed an assured pension of 50% of last-drawn salary plus DA to the 8th Pay Commission, arguing the current model provides inadequate pensions for many, especially those with shorter service or lower pay levels.
HDFC Mid Cap among 5 midcap funds with highest cash holding. Check details
Several midcap funds maintained significant cash reserves in March, with Axis Midcap Fund leading at approximately 9.3%. Other funds like the Taurus Mid Cap Fund and the HDFC Mid Cap Fund also held substantial cash, reporting 8.8% and 7.7% respectively. Baroda BNP Paribas and Bank of India Mid Cap Funds rounded out the list with allocations of 7.5% and 6.5%.
A portfolio is like an Indian thali: Radhika Gupta explains why global diversification matters
At a time when Indian investors are increasingly exploring overseas markets amid strong performance in global equities, fund managers at the Groww India Investor Festival 2026 cautioned against treating international investing as a short-term return-chasing strategy.
The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in Indias wage and social security compliance framework. As the expanded definition of wages increases social security liabilities, many employers may consider restructuring salary structures to manage rising costs. However, section 124 of the Code places an important restriction on such measures by prohibiting employers from reducing employee wages or benefits to offset these additional liabilities.
JioBlackRock Flexi Cap Fund exits 3 AMC stocks, HAL, and 13 others in April
JioBlackRock Mutual Funds Flexi Cap Fund completely exited 17 stocks in April, including AMC companies and Hindustan Aeronautics, while adding 27 new stocks to its portfolio. The fund also increased exposure to several large-cap names and expanded its portfolio size from 107 to 117 stocks.
Prime Minister Narendra Modi urged citizens to temporarily reduce gold purchases for one year to ease pressure on foreign exchange reserves and imports. Following his appeal, gold prices saw a slight dip. Today, 22k gold is priced around Rs 13,945 per gram at major retailers, with Tanishq showing a slightly higher rate.
RBI should dial back rupee intervention: Former Governor Subbarao
The central bank should let the exchange rate weaken to send the correct price signals amid rising import costs and foreign fund outflows, Duvvuri Subbarao, governor of the RBI from 2008 to 2013, said
Tata Large Cap Fund has turned a Rs 10,000 monthly SIP into over Rs 5 crore in 28 years. The fund also delivered substantial returns on lump sum investments. Experts highlight its disciplined approach and focus on quality companies.
Can you be fired from job despite achieving your annual target? Know what the labour law says
Meeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer protections for 'workmen' against unfair retrenchment, including the Last In, First Out principle. Managers, however, have weaker protections, with wrongful termination claims often being contractual and focusing on discrimination or policy violations.
Explore this practical guide to smarter home financing
Securing a home loan requires careful financial planning. Understanding eligibility criteria, using an EMI calculator, and checking your credit score are crucial steps. Evaluating loan charges and strengthening your profile can lead to a more favorable borrowing experience and a sustainable homeownership journey.
RBI likely selling dollars to limit rupee's fall, traders say
Rupees fall amid a renewed surge in oil prices has surfaced worries over the risks to Indias economic outlook
The one number that can save you lakhs on your home loan; do you have it?
Protecting your household budget with EVs, solar
Fuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Heres how switching to an EV, rooftop solar, or an induction cooktop can protect your household budget. And what it will actually cost you.
Crude surge reshapes oil & gas sector outlook
Global oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a major concern. High oil prices are impacting demand. Upstream companies benefit, while downstream oil marketing companies face margin pressure. Natural gas recovery is expected to be slower.
How infrastructure is reshaping real estate demand
To maximise gains from an anticipated infrastructure development, the most crucial point to keep in mind while investing early is that pricing often runs ahead of liveability. Unlike the ecosystem of social infrastructure like schools and hospitals, retail catches up and end-user demand remains cautious.
Why most Indians retire asset-rich but income poor
One of the industrys most recognisable voices on investing, Radhika Gupta, MD and CEO, Edelweiss Mutual Fund, has helped shape both her fund house and the broader industry conversations around investing. In this conversation with Sanket Dhanorkar, she talks about why she prefers simple investment solutions.
Missed claim deadline? Reimbursement still possible
A Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 90-day deadline. The court invoked Section 28 of the Contract Act, deeming such clauses void. This judgment emphasizes that genuine claims should be assessed on merits, not technical procedural delays, aligning with IRDAI's fair claims philosophy.
Lending money to friends? Read this first
When a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. Sometimes, just saying that you will think about it is enough for the other to back off. They may feel hesitant to follow up, or seek others.
Bundled vs standalone: Which travel cover wins?
Since both serve specific purposes and needs, pick the one that suits your travel itinerary and circumstances
Small savings schemes explained: Safe returns & tax benefits
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 102nd part of this series, Riju Mehta details the features of such schemes.
Small and micro caps lead market gains in 2026
Welcome to TrendMap, your guide to the performance of different investment segments. No single segment always leads. In this edition, we present a 10-year equity performance tracker, ranking annual returns across market-cap segments. Investors risk appetite has turned more selective in 2026 so far. By Sameer Bhardwaj.
Why Indian investors are turning to foreign markets
Indian investors are increasingly looking beyond domestic markets for diversification and better returns. Seeking exposure to global innovation and facing weaker local market performance, a growing number are investing overseas. Easier access through new platforms and a weaker rupee are making foreign assets more attractive, with significant growth seen in global feeder funds and overseas equity investments.
