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Bank of Baroda launches exclusive Sapphire savings account for women
Account holders will also receive a 50% first-year fee waiver in the form of reward points on the BOBCARD Tiara Credit Card, a premium, women-centric credit card
PSBs mopped up over 28,000 cr in 5 years through selling third party financial products
SBI was top earner followed by Punjab National Bank, Canara Bank, Bank of Baroda and Union Bank of India during last five years
RBI tightens counterparty credit risk rules for commercial banks
The most significant operational change is the revision of a table that specifies add-on factors for market-related off-balance sheet items
Progcap extends 10,000 crore credit to women entrepreneurs
The platform is also seeing strong engagement, with nearly 90% of women borrowers returning for repeat financing, signalling growing trust in formal credit channels
RBI revises dividend norms for commercial banks, links payouts to capital strength
RBI updates dividend rules for banks, linking payouts to capital strength and adjusted profit after tax ratios.
FCNR, NRE incentives seen boosting dollar inflows amid rupee pressure
How do I decide which mutual fund schemes to continue with and which ones to exit?
ET Wealth Reader's Query: How should investors decide which mutual funds to continue with, pause, or exit? Which red flags signal its time to move on?
PGIM India Mutual Fund restricts subscription in its 3 international funds
PGIM India Mutual Fund is placing temporary restrictions on subscriptions for three international funds. This measure is to prevent exceeding overseas investment limits. Transactions received after March 9, 2026, will not be processed. Existing Systematic Investment Plans will continue. Other transactions like switches and redemptions remain unaffected. This follows previous reopenings and suspensions of subscriptions in these funds.
IDFC First Bank pays additional 55 crore in Chandigarh fraud case
The bank vows to pursue actions against the perpetrators to recover our dues
Despite international crude oil prices exceeding $100 per barrel due to Middle East tensions, top government sources confirmed no immediate hike in petrol and diesel prices. Oil marketing companies will absorb the current cost strain, while the government has invoked the Essential Commodities Act to ensure uninterrupted LPG supply.
Prime Minister Narendra Modi will release the 22nd instalment of the PM-Kisan scheme from Guwahati, Assam, this week. Beneficiaries will receive Rs 6,000 directly into their bank accounts. . The scheme provides financial assistance to eligible farmers for agricultural needs.
Parag Parikh Flexi Cap Fund: MCX and IGL among stocks bought and sold in February
Parag Parikh Flexi Cap Fund added Indraprastha Gas and Mahanagar Gas to its portfolio in February while exiting Multi Commodity Exchange. The fund also reduced stakes in Balkrishna Industries, Dr Reddys Laboratories and Power Grid, while increasing exposure to several large-cap stocks including HDFC Bank, Infosys, ITC and TCS.
63,000 restaurants under income tax scanner: Saksham campaign urges ITR updates by March 31, 2026
The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey revealed suppression of sales amounting to Rs 408 crore. Restaurants are urged to file updated returns by March 31, 2026, under the Saksham Nudge campaign. This is a chance to correct mistakes before stricter actions are enforced.
Inflation is eating your savings. Heres how to beat it.
Saving diligently does not guarantee wealth. Inflation erodes savings, making real returns negligible. Systematic Investment Plans (SIPs) offer a disciplined approach to investing. Regular investments through SIPs, even small amounts, leverage rupee cost averaging. Staying invested through market volatility is key to long-term wealth accumulation. Axis Mutual Fund emphasizes this 'Stay Invested' philosophy for achieving financial goals.
The All India Trade Union Congress has presented 12 significant demands to the 8th Pay Commission chairperson. Key proposals include a 3.0 fitment factor, restoration of the Old Pension Scheme, and a 6% annual increment. Other demands focus on increased leave encashment, revised DA calculations, and higher compensation for specific employee groups.
Gold ETF inflows tumble 78% MoM to Rs 5,254 crore in February
Gold ETF inflows saw a significant monthly drop of 78% to Rs 5,254 crore in February, despite a 165% year-on-year increase. The total assets under management for gold ETFs also experienced a slight decline. Other passive funds, including silver ETFs and index funds, also witnessed a decrease in inflows.
The government has stated there is no proposal for a separate pay revision committee for Central Public Sector Enterprise (CPSE) employees. This clarifies the stance on demands for a distinct mechanism, similar to the 8th Pay Commission, for CPSE staff. Variations in pay across CPSEs are attributed to differing financial capacities and performance.
AMFI Data: Mutual fund SIP inflows drop 4% to Rs 29,845 crore in February
SIP inflows slipped 4% in February to Rs 29,845 crore, ending a two-month streak above the Rs 30,000-crore mark. Despite the monthly dip, SIP contributions were up 15% year-on-year. Overall equity inflows rose 8% during the month, even as several fund categories showed mixed trends across the broader market.
More families turn to life insurance as income protection becomes a priority
Families are increasingly prioritizing life insurance for income protection. This financial tool secures household stability by providing monetary support to dependants. Improved features and flexible options make policies adaptable to changing needs. Increased awareness and digital access simplify the process. Life insurance guarantees sustained daily expenses, debt repayment, and future goals like education and retirement.
Planning to invest in GIFT City? 7 myths and facts before global exposure
Investing in GIFT City is simpler than many believe. You do not need a foreign bank account or face complex tax filings. RBI limits do not apply, and it is open to retail investors. Redemptions are quick with no lock-in. Costs are transparent. GIFT City provides a tax-efficient route for global diversification, reducing country-specific risks.
New draft income tax rules for 2026 are set to change how salaried employees are taxed. Calculations reveal significant potential tax savings under the revised old tax regime. Employees with CTCs of 15 lakh, 20 lakh, 30 lakh, and 50 lakh can see reduced tax outgo. The changes affect benefits like motor car perquisites and HRA.
AMFI Data: Equity mutual fund inflows rise 8% to Rs 25,977 crore in February
Equity mutual fund inflows surged 8% to Rs 25,977 crore in February, though down 11% year-on-year. Flexi-cap funds led with Rs 6,924 crore, while midcap and smallcap funds also saw significant interest. Sectoral and thematic funds experienced a substantial 187% monthly inflow jump.
AIBOA urges Telangana to hold on to IDBI Bank property in Rangareddy district
Government of undivided Andhra Pradesh had allotted 50 acres of land bearing Survey No 91 in Gachibowli village, Serilingampally Mandal, Rangareddy district
Looking for best mutual funds? Here are top 10 performers for February 2026
A look at the top 10 best-performing mutual funds for February 2026 to help investors identify strong investment opportunities.
Kotak Mahindra Bank eyes M&A to deploy excess capital
CEO Ashok Vaswani says lender has capacity for deals exceeding $1 billion
What if restaurant forces you to pay service charge? Is it mandatory? know your rights
Goldman pitches hedge funds on strategies to bet against corporate loans, FT reports
The Wall Street bank has offered clients complex trades that would allow them to profit from further falls in loans made to software companies that have come under pressure in recent months
The Allahabad High Court has ordered the demolition of a dangerous building in Varanasi, upholding public safety over tenancy rights. Tenants were directed to vacate the property, with the court stating their rights cannot obstruct the necessary demolition of the unsafe structure. The court clarified that tenants can seek relief under tenancy law while demolition proceeds.
Side hustles to snowball strategy: An 8-step beast mode guide to crush debt faster
Offset losses, book tax-free gains: 7 smart tax harvesting moves investors should know
Silver and gold ETFs surged on Tuesday, with Tata Silver ETF jumping nearly 10% and Zerodha Gold ETF gaining 3%. This rise was fueled by a weaker U.S. dollar and indications of a potential end to the Middle East conflict, easing inflation concerns. Experts advise a uy on dips strategy using SIPs or ETFs for balanced diversification.
Best small cap mutual funds to invest in March 2026
According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks.
Quant Mid Cap Fund adds ICICI Bank, Paytm and 2 others, exits Escorts Kubota and GMR Airports
Quant Mid Cap Fund has strategically adjusted its portfolio in February, introducing ICICI Bank, Paytm, Colgate-Palmolive, and LG Electronics India as new holdings. The fund also divested its entire stake in Escorts Kubota and GMR Airports, while reducing exposure in Godrej Properties and Linde India.
Common empanelment of hospitals to advance in 612 months: Mayank Bathwal
Redeveloping your old home? Bigger flats could mean higher maintenance & property tax
Homeowners undertaking redevelopment of old houses should prepare for increased annual property costs. Bigger flats and modern amenities like lifts and gyms mean higher maintenance charges. Property taxes also rise as they are now linked to the property's current market value. This shift from older rent-based assessments to capital value systems impacts yearly outgoings significantly for residents.
Rupee closes at record low, G-Sec yields rise
The Indian currency ended the day at an all-time low of 92.33 per US dollar, down 59 paise against previous close of 91.74
HDFC Bank emerged as the top earner with over 3,800 crore in 3 years, followed by Axis Bank and ICICI Bank with over 2,700 crore and 1,200 crore respectively
Popular UPI credit cards in India 2026: Kiwi, HDFC Bank, IDFC FIRST Bank, Axis Bank offers revealed
New UPI-enabled credit cards offer convenience and rewards. Kiwi, HDFC Bank, IDFC FIRST Bank, and Axis Bank provide options. Users can make payments via UPI apps and earn cashback, reward points, and other benefits. These cards combine UPI's ease with credit card advantages.
The Latest Fixed Deposit Interest Rates: Mar 06, 2026
The Latest Fixed Deposit Interest Rates: Mar 06, 2026
The Latest Home Loan Interest Rates: Mar 06, 2026
The Latest Home Loan Interest Rates: Mar 06, 2026
8 equity mutual funds lose over 10% in 6 months. Do you own any?
Eight equity mutual funds have experienced significant losses, with six of them shedding over 10% in the past six months. Among the biggest losers were Tata Small Cap Fund at -17.71% and two from Motilal Oswal, losing over 16%. Other funds from Invesco, UTI, Mirae Asset, and Samco also saw substantial declines.
Employee bodies are urging the 8th Pay Commission to reduce the compression ratio, which signifies the disparity between the lowest and highest basic pay. The Federation of National Postal Organisations proposes a 1:8 ratio, citing historical widening of the gap in recent commissions and advocating for a uniform multiplication factor and need-based minimum wage.
This state mandates tenant verification for property owners under new rules, effective from December 2024. Owners must submit tenant documents to the police within five days; failure to do so can result in up to six months' imprisonment and a fine of Rs 10,000. Police will maintain inspection records to enhance public safety and law and order.
360 ONE Asset closes fifth private credit fund at 3,500 crore
Following the latest close, 360 ONE Asset's private credit business now manages about 15,200 crore ($1.7 billion) in credit assets
YES Bank is adjusting its credit card fee rules. Starting April 1, 2026, higher spending limits will apply before fees are charged on utility, transportation, and digital wallet transactions. These changes aim to benefit cardholders by increasing the threshold for various spending categories. The bank is modifying these thresholds across different card types, offering more flexibility to customers.
Flight disruptions due to the Iran-Israel conflict have led to discounted gold prices in Dubai, presenting potential buying opportunities for Indians. However, experts caution that customs duties, GST, and other charges can significantly erode profit margins, making large-scale arbitrage unlikely.
Paying Rs 50,000+ Rent? You may face Rs 1 lakh in penalties if you ignore this Income tax rule
If your monthly rent crosses Rs 50,000, income tax rules require tenants to deduct tax at source (TDS) before paying the landlord. Many renters are unaware that this responsibility lies with them, not the landlord. Understanding this requirement helps tenants avoid penalties and stay tax compliant.
Subscribers of PPF, SSY, and NPS schemes must complete all financial year-end compliances and investments by March 31. To avoid account inactivation and maintain tax benefits, ensure minimum deposits are made. For PPF, it's Rs 500 annually; for SSY, Rs 250; and for NPS, Rs 1,000.
68% of mutual fund redemptions via Instant Access Facility are below Rs 5,000: Zerodha Mutual Fund
Zerodha Mutual Fund's instant withdrawal facility is transforming how Indians manage money. A large number of small transactions show investors are using it for daily cash needs. This feature allows quick access to funds, even on weekends. Zerodha's Overnight Fund now offers this 24x7 service via WhatsApp, making liquidity management simple and fast for many.
Swiggy, HDFC Bank launch two new co-branded credit cards with up to 48,000 annual savings
The cards are being rolled out in phases and can be applied for through the Swiggy app or HDFC Banks digital channels
Phanindranath Kakarla takes charge of Arcil as CEO & MD
Kakarla joined Arcil on April 2, 2025, as President under a Board-approved succession plan in order to overlap with Mohapatras tenure for a sufficient period for continuous and smooth transition
Will DA be hiked to 60%? Latest January 2026 hike update explained
Samir Arora-backed Helios Flexi Cap Fund adds Tata Motors, exits REC and 2 others
Samir Arora-backed Helios Flexi Cap Fund added Tata Motors to its portfolio in February while exiting REC, KPIT Technologies and Oswal Pumps. The fund also increased exposure to several stocks including Lemon Tree Hotels, HDFC Bank and SBI. Its portfolio size fell to 62 stocks while assets under management rose to Rs 6,211 crore.
CIBIL score hit after default? 7 smart moves that can rebuild your credit faster than you think
Gold and silver ETFs saw significant drops on Monday. Precious metal prices opened lower on the MCX. A stronger U.S. dollar pressured bullion prices. Rising energy prices fueled inflation concerns, reducing interest rate cut expectations. These factors overshadowed safe-haven demand amid Middle East conflict. Investors are advised to use dips for accumulation.
Best mid cap mutual funds to invest in March 2026
Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, the mid cap mutual funds are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. Thats what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely.
JSW Steel Share Price Live Updates: JSW Steel reports a small negative return
SEBI has introduced a new rule allowing equity mutual funds to invest up to 35% in gold and silver. This move aims to enhance portfolio flexibility and diversification, enabling fund managers to manage risk during volatile markets. Experts believe this will provide a tactical hedge, though excessive exposure could dilute the equity nature of funds.
RBI likely sells dollars to avert rupee slide to record low, traders say
The RBI stepped in before the local spot market opened, helping the rupee rebound slightly from around 92.30 to 92.20 in the interbank order matching system
Infosys Share Price Live Updates: Weekly Performance of Infosys
Cipla Share Price Live Updates: Cipla's Stock Declines by 2.0% in One Week
SBI Life Share Price Live Updates: SBI Life Faces Weekly Setback
Divis Labs Share Price Live Updates: Divis Labs trading statistics
Jio Financial Services Share Price Live Updates: Jio Financial Services Trading Metrics
Bajaj Finserv Share Price Live Updates: Bajaj Finserv Faces Weekly Setback
HUL Share Price Live Updates: HUL Trading Metrics
Eicher Motors Share Price Live Updates: Eicher Motors market activity report
Tech Mahindra Share Price Live Updates: Tech Mahindra's Trading Volume Overview
The Jammu and Kashmir High Court ruled that a bank can recover loan dues from a pensioner's account once the pension is credited. The court upheld a bank's deduction of Rs 4.64 lakh from a retired officer's pension account after he defaulted as a guarantor for a home loan, stating pension loses statutory immunity upon crediting.
Severance pay received after job termination is taxable. Individuals must pay advance tax by March 15 to avoid penalties. This payment is treated as salary income and taxed at normal slab rates. Ensure your employer deducts the correct tax. If not, you are liable to pay advance tax. Failure to comply can lead to interest charges.
Pre-market action: Here's the trade setup for today's session
Indian equities extended losses on Friday amid escalating geopolitical tensions in West Asia, keeping investor risk appetite subdued. The India VIX surged, indicating increased market fear. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares. The rupee depreciated against the US dollar due to rising crude oil prices and risk aversion.
Public vs private trust: How to choose right option
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 93rd part of this series, Riju Mehta explains how various types of trusts differ in their purpose and functioning.
Best fund managers 2025: Masters of risk & returns
Indian equity fund managers navigated a challenging market by prioritising risk management and resilience. Many adopted conservative strategies, increased cash holdings, and favoured value or contrarian approaches. This approach helped protect investor capital during downturns, with ten top managers identified for their superior risk-adjusted performance, emphasising a safety-first philosophy.
How we ranked Indias best fund managers 2025
This study tracks fund manager performance across various schemes and AMCs by creating virtual NAVs. Eligibility requires at least 70 months of management experience in active equity funds over six years, excluding sector/thematic funds. Managers are ranked on multiple metrics, considering consistency and outperformance against Nifty indices.
AI hits India's IT revenue model, new doors open
Indian IT firms faced a slowdown in 2025 due to uncertain global tech spending and geopolitical tensions, impacting revenue growth and margins. The sector's challenges intensified in 2026 with AI-driven structural transformation, leading to significant underperformance in the Nifty IT index.
Why oil is set for biggest surge since 2022
Oil prices are experiencing their biggest weekly surge since 2022 due to the war in West Asia. Disruptions are impacting producers, importers, and shippers. The US is considering various options to address rising oil and gasoline prices. Asian economies are showing signs of strain, with China suspending fuel exports.
War and travel insurance: Coverage vs exclusions
Thousands of Indians in the UAE are stranded due to regional conflict and disrupted air travel. While airlines offer rescheduling, travel insurance typically excludes war-related losses, leaving travellers to cover extended stays and evacuations. Insurers are exploring policy adjustments for conflict-linked disruptions.
IranIsrael conflict impact: Check your tax status
In extraordinary situations, tax residency should ideally reflect genuine economic connections rather than accidental travel delays. Until the law evolves, travellers would be well advised not to plan their visits on wafer-thin margins like 181 or 58 days, because even a delay of two or three days can unexpectedly change tax residency.
Which strategy shone in 10 years? Quality or Alpha
Welcome to TrendMap, your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various factor-based investment strategies. The annual returns are ranked for 6 key NSE Factor indices, with a broad-based index, Nifty 500, thrown in for comparison. This map shows that no single-factor strategy consistently outperforms, making a strong case for diversification. By Sameer Bhardwaj.
Upper-layer NBFCs seek risk-weight rejig amid heightened regulatory scrutiny
NBFCs seeking rejig in risk-weights, especially on retail loans, which form around 90 per cent of industry AUM
Global oil markets on edge as West Asia unrest triggers new energy shockwave
Crude oil prices have surged to near one-year highs as escalating conflict in West Asia threatens key supply routes, particularly the Strait of Hormuz. Rising geopolitical risks, refinery disruptions and tanker delays are pushing prices higher, raising inflation concerns and creating economic vulnerabilities for major Asian importers, including India, China, Japan and South Korea.
My 78-year-old mother never had health insurance. Can she still get one?
ET Wealth Reader's Query: My 78-year-old mother never had any health insurance. Can she now get one? Till what age can one get health insurance?
Equity mutual funds had a weak week between March 2 and March 7, with most schemes posting losses amid global market declines. International funds were among the worst performers. DSP World Mining Overseas Equity Omni FoF topped the losers list, while several emerging market and global funds also recorded notable declines.
J&K Bank partners with NBFCs to expand home and gold loan lending
The bank signed co-lending agreements with Home First Finance Company India Limited for home loans and IIFL Finance for gold loans
5 equity mutual funds deliver over 50% in 1 year. Have you invested in any?
Five international equity mutual funds delivered returns of over 50% in the past year. Nippon India Taiwan Equity Fund topped the chart with a 101.16% return, followed by mining, metals, Brazil and clean energy-focused funds. Other funds delivered returns ranging from negative 21.65% to positive 46.41%.
Womens Day 2026: How to build right mutual fund portfolio at every life stage
Women are increasingly taking charge of their finances. This Women's Day 2026, learn how to build the right mutual fund portfolio at every life stage. Experts advise aligning investments with career, family, and retirement goals. Staying disciplined during market ups and downs is crucial. Avoid common mistakes like delaying investments and neglecting insurance.
