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SEPC shares zoom 8% on Rs 270 crore railway order win from North Western Railway
C jumped after the company won a 269.69 crore railway infrastructure contract for the AjmerChanderiya Doubling Project under North Western Railway.
Bitcoin drops below $86,000 while sinking toward years lows
Bitcoin fell as much as 3.3% to $85,5787 on Monday, and is down around 30% from its record high of more than $126,000
HDFC Bank secures RBI approval to increase stake in IndusInd Bank to 9.5%
The bank said the RBI has granted permission to HDFC Bank, as the promoter and sponsor of various group companies, to acquire an aggregate holding of up to 9.50% of the paid-up share capital or voting rights in IndusInd Bank
Best arbitrage mutual funds to invest in December 2025
Arbitrage mutual funds 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.
The Supreme Court has made a pivotal judgment regarding employee entitlements that has caught public attention. An employee of the government, who stepped down after 20 years, is ineligible for family pension benefits. Nonetheless, his family has emerged victorious in securing gratuity payments.
Japan's Nikkei falls 1% as AI stocks slip ahead of US jobs data
Japan's Nikkei index fell over 1 percent on Tuesday. This decline was driven by losses in chip and AI-related stocks. Investors are adopting a cautious approach. They await key US employment data today and the Bank of Japan's policy decision on Friday. Many stocks on the Nikkei saw drops, with only airlines and agriculture sectors trading higher.
Biocon among 5 stocks showing bullish RSI upswing
Five Nifty200 stocks showed improving momentum on December 15 as their RSI moved above the 50 mark, indicating early accumulation. The rising RSI reflects strengthening buying interest after consolidation, suggesting a shift towards a positive trend bias and offering traders potential continuation opportunities amid gradually improving market sentiment.
The Rajasthan High Court has made waves with a pivotal decision, asserting that the government is barred from altering lease rent conditions post-property auction. This ruling was prompted by an individual who contested a new annual rent requirement introduced three years after purchasing a 99-year lease.
Stocks in news: RBL Bank, Hyundai India, SBI, Zydus Life, Delhivery
Markets ended nearly unchanged amid volatility, with rupee weakness and mixed global cues dictating direction. Rotational strength in heavyweight stocks provided support. Key companies like Tata Power, Hyundai India, RBL Bank, SBI, Zydus Life, and Delhivery are in focus due to significant news developments.
Asian stocks fall ahead of US jobs data, Yen gains
Asian markets saw a slight dip as investors paused before crucial US economic data. This data will guide interest rate decisions. The Japanese yen strengthened against the dollar. Investors are cautious ahead of key reports this week. These reports will offer clarity on the economic outlook. The markets anticipate potential Federal Reserve rate cuts next year.
MF margins to face pressure; volumes to compensate: ICICI Pru AMC
ICICI Prudential AMC's IPO is open for subscription, with Nimesh Shah expecting profitability pressures from growing AUM to be offset by falling unitholder fees. He highlighted operating profit growth as the key valuation metric for asset management businesses, which have historically required minimal capital for expansion.
SBI launches Yono 2.0, to hire 10,000 staff to shift customers to digital channels
The revamped Yono app, which works across mobile, tablet and desktop platforms, is aimed at competing with payment majors such as Google Pay and PhonePe
SBI gets new MD as Ravi Ranjan takes charge
SBIs board is led by the Chairman and supported by four managing directors overseeing the banks key verticals.
HSBC invests in KSH International's Rs 213 crore anchor round ahead of IPO
KSH International raised Rs 213 crore from anchor investors ahead of its IPO, indicating strong institutional interest. The magnet winding wires maker opens its public issue on December 16, backed by global funds and domestic mutual funds.
NCDEX gets Sebi nod for mutual fund platform ahead of equity launch
National Commodity & Derivatives Exchange Ltd, NCDEX, has received in-principle approval from Sebi to launch a mutual fund transaction platform. This platform will enable investors to subscribe to and redeem mutual fund units. The exchange aims to expand financial inclusion by targeting rural and semi-urban areas with low-denomination systematic investment plans.
RBL Bank CFO resigns to pursue opportunities outside bank
The Bank has accepted his resignation and relieved him from his duties with effect from close of business hours on Monday
Axis to hire 50 private bankers to target wealth boom in India
The firm is expanding its team of bankers across locations to cater to the growing needs of high-net-worth individual and ultra-high net-worth individual clients: Banks affluent banking unit head
Galaxy Health Insurance launches outpatient care-driven insurance plan
The company has launched a new insurance product, Galaxy Twin 360, a health insurance programme for young adults aged 1845 years
Hunting for rating upgrade, Shriram Finance eyes selling up to 15% stake to foreign investors
In talks with MUFG, Sanlam Group, Abu Dabhi Investment Authority, Temasek and other investors
Maharashtra government has announced its public holiday list for 2026, comprising 24 state-wide holidays, a special bank holiday on April 1st for yearly account closing, and an additional holiday for state government and local body offices on November 11th for Bhaubeej.
Karnataka emerged as blue-chip heavy crypto market: CoinSwitch
Younger investors continue to dominate activity in Karnataka, aligning with national demographic trends
The Gujarat government has announced its public and optional holiday list for 2026, impacting state government offices, undertakings, and corporations. The list includes a variety of religious and national observances, with provisions for Muslim employees to adjust holidays based on actual observation. Employees can avail up to two optional holidays.
Quick Checklist: Best way to pick the right life insurance company in 2026; 6 key factors
ET Wealth has broken down 6 key factors that help customers assess an insurer's reliability and select the right life insurance company.
Where are mutual funds placing their bets? A look at Novembers sectoral trends
In November, mutual funds favoured tech, private banks, autos, NBFCs, telecom, and insurance, while trimming holdings in other sectors, including utilities and consumer durables.
In light of recent modifications to the GSTR-9 and GSTR-9C forms, chartered accountants are advocating for a three-month extension on the submission of Goods and Services Tax annual returns for FY 2024-25. These changes have presented numerous challenges for both taxpayers and professionals, prompting a call for additional time to ensure compliance through proper data verification and system upgrades.
FD interest rate in December: State Bank of India has revised its fixed deposit interest rates, reducing them by 5 basis points for tenures between 2 to less than 3 years. General citizens will now earn 6.40%, while senior citizens will receive 6.90%. These changes place SBI's FD rates in comparison with those offered by HDFC Bank, ICICI Bank, and Canara Bank.
9 equity mutual funds saw decline in AUM by over Rs 350 crore in November. 5 are smallcaps
Nine equity mutual funds saw AUM fall by over Rs 350 crore in November, led by SBI Small Cap and ICICI Pru Energy Opportunities, reflecting market volatility, sectoral pressure and reduced inflows across small-cap, sectoral and international funds.
MUFG is said to near deal for stake in Shriram Finance
Japanese financial giant MUFG is close to acquiring a significant stake in India's Shriram Finance. The deal could be worth over 500 billion yen. This move signals growing foreign investment in India's booming financial sector. Shriram Finance offers loans for commercial vehicles, tractors, and SMEs. Talks are advanced, with an agreement potentially coming soon.
The star investor tag offered little protection in 2025, with seven out of ten well-known stock pickers seeing portfolio losses amid a sharp smallcap downturn. Data shows heavy exposure to smaller stocks hurt returns, while investors with a largecap bias fared relatively better, highlighting the limits of reputation-driven investing.
Will 8th Pay Commission arrears be paid from Jan 1, 2026? Read on to find out the update on salary and pension hike after minister spoke in Parliament.
Franklin India Flexi Cap Fund has delivered exceptional long-term wealth creation, turning a Rs 10,000 monthly SIP into over Rs 17 crore in 31 years. The fund has consistently outperformed the Nifty 500 TRI across multiple periods and is nearing Rs 20,000 crore in assets under management.
RBI's $5 billion FX to sail through, high hedging costs cloud corporate appetite
As the Reserve Bank of India prepares for its $5 billion dollar-rupee swap auction, soaring hedging costs are anticipated to dampen corporate enthusiasm
7 mutual funds reduce their stake in 20 smallcap stocks in November
Around 7 mutual funds trimmed their holdings across 20 small-cap stocks during November, signaling cautious repositioning in the segment.
Acting head master deserves full salary for higher post, says Allahabad High Court
The Allahabad High Court has delivered a significant verdict, asserting that employers must provide higher wages for employees temporarily elevated to higher positions. This ruling was prompted by the situation of Mr. Pandey, a TGT teacher, who served as acting Head Master for over three years. The court emphasized that neglecting to pay the appropriate salary contradicts public policy principles.
NCDEX receives SEBIs in-principle approval to launch mutual fund platform
NCDEX has received in-principle approval from SEBI to launch a Mutual Fund (MF) transaction platform, aimed at expanding financial inclusion and paving the way for its equity and equity derivatives segment. The platform will enable micro-SIPs, channel rural savings into regulated avenues, and support existing trading members.
Matrimony.com announces Rs 58.5 crore share buyback, stock falls 5%
Matrimony.com announces a share buyback worth up to Rs 58.5 crore, planning to repurchase 8,93,129 shares at Rs 655 each via the tender offer route. The buyback, representing nearly 25% of paid-up capital and reserves, aims to return surplus funds to shareholders, with promoters opting out.
There are close to 12 such funds currently available in the market, and some of the top-performing funds have delivered an average CAGR of 15-20% in the last three to five years. This has made these funds a favored choice among parents for securing childrens education and future milestones, reflecting a clear shift from conventional savings to market-linked instruments.
Advance tax payment deadline today: Here is how much penalty will apply for late payment
Advance tax payment due date: Today's December 15th advance tax deadline is crucial for those with income beyond salary. Failing to pay or underpaying can result in accumulating interest penalties. The 'Pay as you Earn' scheme requires estimated tax payments in installments throughout the financial year to avoid these consequences.
BSE, Eicher Motors, and HPCL among stocks bought and sold by mutual funds in November
Mutual funds were net buyers of equities worth Rs 43,400 crore in November, with strong additions in stocks like Eternal, Groww and ICICI Bank. Buying interest spanned large-, mid- and small-cap segments, while stocks such as SBI, Reliance and Kaynes Technology saw notable reductions, according to Nuvama data.
9 ways SEBIs reclassification of REITs as equity will impact your portfolio & what happens next
PFRDA is merging NPS Scheme A with Schemes C and E to modernize its investment framework. This move aims to enhance diversification, stability, and risk-adjusted returns for subscribers by consolidating smaller portfolios into larger, more efficient ones. Existing Scheme A subscribers have until December 25, 2025, to switch their accumulated wealth to other asset classes without additional cost.
FiatPe targets 2,500 crore transactions in FY26
Aims to reach smaller cities and onboard 50,000 additional business partners
Hindustan Zinc among 5 F&O stocks with a sharp rise in futures open interest
Gold ETF inflows nearly halve in November. Is profit-booking over now?
Gold ETF inflows nearly halved in November, marking a second consecutive month of decline. Experts suggest this reflects normal profit-taking and portfolio adjustments rather than a loss of confidence in gold. Investors are advised to base gold investment decisions on asset allocation and gold prices, not just inflow patterns.
Discover top low-fee credit cards in India offering airport lounge access and attractive rewards. These cards provide benefits like unlimited domestic lounge access, cashback, reward points, and travel perks, catering to both frequent flyers and everyday spenders. Explore options with zero joining fees and significant savings on international transactions.
M&M Share Price Live Updates: M&M's Monthly Performance
Apollo Hospital Share Price Live Updates: Apollo Hospital's Monthly Performance
JSW Steel Share Price Live Updates: JSW Steel's monthly performance shows negative returns
Man returns to Mumbai with Rs 2 crore savings after working in Dubai, United Arab Emirates (UAE) for 20 years to buy property; tax dept sends notice for unexplained property investment; he wins case for this reason.
Positive Breakout: These 14 stocks cross above their 200 DMAs
15 years of ET Wealth: What changed and what endured
Fifteen years ago, ET Wealth launched to demystify personal finance. A personal crisis revealed the true value of financial planning beyond DIY investing, highlighting the importance of a system for life's uncertainties. The Indian mutual fund industry has since grown exponentially, offering greater complexity and choice, while investor confidence has soared.
15 years, 3 generations: How money habits changed
Indian investors across generations hold differing views on financial prudence, a gap widened by recent economic and digital shifts. Younger investors, embracing risk and digital tools, prioritise wealth creation through equities and newer avenues like crypto, contrasting with older generations' conservative debt and real estate focus. Read on to know how and why investing patterns and financial habits have changed since 2010.
Private wealth, public exclusion: The cost of growth
Wealth holds the power for social change, but left completely in private hands with lower thresholds of public participation limits that ability. If the small enterprises keep the public out from fear of losing control, the larger ones do the same out of greed. Private wealth without public good is prosperity without soul. Behind every optimistic trend is a dark, sad story of unintended consequences.
Old money rules broken: 15 experts on new investing
Greater uncertainty, changing lifestyles, and evolving aspirations have rendered many financial planning assumptions from 15 years ago outdated. ET Wealth spoke to 15 financial planners to reassess these and highlight the new realities Indian investors must navigate today.
Life in 2040: What Indians will really pay for
Financial experts predict significant shifts in Indian household budgets by 2040. Emerging expenses include advanced tech upgrades, longevity treatments, assisted living for an ageing population, continuous upskilling, and a growing subscription stack. Cognitive wellbeing, travel, digital security, and climate-resilient living will also demand substantial financial planning. We asked experts: What will Indians actually spend on by 2040? Here are the costs your portfolio needs to prepare for today.
Investing principles are same, execution gets smarter
Much of the key financial advice remains the same: keep things simple, dont trust salespeople, avoid derivatives, buy term insurance instead of endowment plans and Ulips, and let SIPs do the hard work. The principles of sound investing havent changed. What has changed is the infrastructure that makes following these principles easier.
Which global assets are Indians' favourites
Indian investors are increasingly looking beyond domestic markets, with outward remittances more than doubling from $14 billion in 2019 to $29 billion today. Easier regulations, wider access to global ETFs and stocks, and a younger investor base are reshaping how Indians allocate money overseas.
How job hunting has changed in 15 years
Fifteen years ago, workplaces were stable. Today, careers are fluid and full of opportunities. Technology changed work, making adaptability the key skill. Professionals now focus on outcomes, trust, and human connections. Adaptability, judgment and ownership matter more than ever, says Devashish Chakravarty.
NPS reforms explained: How investors benefit
The Pension Fund Regulatory and Development Authority has updated the National Pension System. New guidelines expand investment choices across equity, debt, and alternative instruments. Subscribers can now access a wider range of options for customized retirement planning. These reforms aim to make NPS more investor-centric.
Easy tips to decide on term insurance plan duration
A 36-year-old executive, Yatin Gupta, is re-evaluating his life insurance needs, considering coverage until age 80. However, experts advise aligning the term plan duration with the period his dependents will require financial support, not necessarily the longest available option. The focus should be on meeting financial goals and ensuring adequate retirement planning.
How to claim unclaimed bank deposits via UDGAM
Depositors can now easily find forgotten money in dormant bank accounts. The Reserve Bank of India has launched the UDGAM portal. This platform allows individuals to search for unclaimed deposits across multiple banks. If a match is found, users can then approach the specific bank to claim their funds. This initiative simplifies the process for reclaiming lost money.
CRR vs SLR: Key differences & benefits to customers
The Reserve Bank of India mandates banks to hold a Cash Reserve Ratio (CRR) of 3% of total deposits as cash with the RBI. This crucial monetary tool ensures bank safety, manages liquidity, and helps regulate inflation by controlling lending. Unlike SLR, CRR exclusively involves physical cash reserves held by the central bank.
The Pension Fund Regulatory and Development Authority has updated the National Pension System. New guidelines expand investment choices across equity, debt, and alternative instruments. Subscribers can now access a wider range of options for customized retirement planning. These reforms aim to make NPS more investor-centric.
Mutual fund fee revamp, simplified IPO disclosures on Sebi Board agenda
Sebi's board will discuss revamping mutual fund fee structures to enhance transparency and cost-efficiency for investors. Proposals include reducing total expense ratios and brokerage fees, alongside simplifying IPO disclosures and easing pre-IPO lock-in rules. The regulator aims to make investment more accessible and affordable for the public.
Benign inflationary trends leave space for RBIs MPC to cut repo further, economists say
Headline inflation appears to have bottomed out in October but is expected to remain well below the RBIs 4% target for the rest of the year
Equity mutual funds deliver upto 6% return last week. Check top 10 toppers
Equity mutual funds recorded strong performance over the past week, with 565 out of 593 schemes delivering positive returns. International, commodities, sectoral, and thematic funds dominated the top performers, led by DSP World Mining Overseas Equity Omni FoF, according to data from ACE MF.
I have Rs 30 lakh. Should I invest in land or buy mutual funds and REITs?
ET Wealth Reader's Query: I have Rs 30 lakh to invest. My relatives are suggesting I buy a plot of land. However, Im inclined towards mutual funds or REITs. Which option is likely to offer better returns?
5 AMCs see surge of over Rs 10,000 crore in their AUM. Check details
Five mutual fund houses recorded monthly inflows exceeding Rs 10,000 crore in November, lifting their assets under management. Out of 49 AMCs, 44 reported an increase in AUMs, reflecting continued investor participation across major fund houses, led by ICICI Prudential, HDFC, SBI, Nippon India, and Kotak Mutual Fund.
Assets under management reflect where investors are deploying capital, but do not always equate to performance. A look at the top mutual funds by AUM as of November 2025 highlights investor preference across flexi-cap, hybrid, large-cap, mid-cap and arbitrage categories.
The Income Tax Department is taking action against taxpayers who filed returns with fake deductions. Investigations revealed intermediaries helped people claim fraudulent refunds by donating to fake political parties and charities. The department is using data analytics to identify suspicious claims. A Nudge campaign is underway, urging taxpayers to correct their filings before enforcement action.
Ramco Systems among top 6 unique stocks held by mutual funds in November
6 Unique stocks refer to those stocks held by only one fund house.
In a significant ruling, the Andhra Pradesh High Court upheld the dismissal of a CISF constable who entered into a second marriage while still legally wed to his first wife. The court deemed this act as a deliberate instance of bigamy, constituting serious misconduct under the law.
Silver prices have reached historic highs. Axis Mutual Fund warns of potential corrections and volatility in 2026. Factors like overvaluation, reduced physical demand, and ETF outflows could impact prices. While the outlook remains constructive, investors should be aware of risks. Central bank preferences and industrial substitution also pose challenges. Gold's performance is also discussed with similar caution for 2026.
Telangana state holidays 2026 announced: Check Telangana state govt holiday list for 2026
The Telangana government has released its 2026 holiday list for state government employees, including general and optional holidays. All state offices will be closed on Sundays and second Saturdays. Employees can avail up to five optional holidays from the provided list, irrespective of religious affiliation.
A top-inflow equity flexi-cap fund that drew strong investor interest in November as part of broad robust net inflows into Indias equity mutual funds.
Debt mutual funds see outflows of over Rs 25,000 crore in November. Is investor sentiment shifting?
Debt mutual funds experienced a significant outflow of Rs 25,692 crore in November, primarily driven by large withdrawals from overnight and liquid funds. Institutional investors pulled back surplus balances ahead of payment obligations and amid tightening system liquidity, leading to a decline in overall AUM.
Higher qualification doesnt guarantee higher pay without the higher post: J&K High Court
In a significant ruling, the Jammu and Ladakh High Court has clarified that an employee's salary cannot be escalated simply due to higher qualifications. Instead, compensation is linked to the designated role, irrespective of individual skills. This verdict stemmed from a case involving an orderly who sought higher wages after taking on computer operator responsibilities.
As holiday travel abroad looms, Indians face a crucial decision on travel cards due to the rupee's depreciation. Forex cards offer a way to lock in exchange rates, mitigating risks associated with currency fluctuations, unlike credit cards which are subject to daily market changes. Choosing the right card can significantly impact travel budgets.
SBI home loan EMIs to reduce as PSU bank cuts lending rates: Check latest SBI EBLR, MCLR, base rates
SBI lending rates: Following the RBI's repo rate cut, State Bank of India has reduced its lending rates across MCLR, EBLR, and RLLR benchmarks. These adjustments, effective December 15, 2025, will lower borrowing costs and EMIs for both retail and corporate customers. SBI also revised its BPLR and base rate.
Pensioners will continue to receive dearness relief (DR) increases even after the 7th Pay Commission's tenure ends. Historically, DR for pensioners rises in tandem with dearness allowances for government employees, with hikes expected twice annually until the 8th Pay Commission's recommendations are implemented.
State Bank of India has revised its fixed deposit and lending rates, effective December 15, 2025. The bank has reduced interest rates on several FD tenures, including a 5 basis point cut for the 2-year to less than 3-year bracket. The Amrit Vrishti scheme also sees a rate reduction for all citizen categories.
Sebi mandates 2 new EDs to strengthen MIIs
Sebi has enhanced governance at Market Infrastructure Institutions by mandating the appointment of two executive directors. One ED will manage critical operations, while the other will oversee regulatory functions, compliance, risk, and investor grievances. Both will join the governing board, with hiring to be done through open advertisements.
Saturday bank holiday: Are banks open or closed today on December 13, 2025?
Banks in India will be closed on December 13, 2025, as it is the second Saturday of the month. While physical branches observe specific holidays and second/fourth Saturdays, digital banking services remain accessible. Several regional holidays are also scheduled throughout December 2025.
Trumps Fed shortlist narrows to two Kevins: WSJ
Trump expressed that the next Fed chair should consult him on interest-rate decisions, arguing that past presidents were routinely involved in such discussions
Laurence Fink, CEO of BlackRock, highlights a critical concern for retirement planning. He emphasizes that traditional savings like bank deposits and fixed deposits often fail to outpace inflation. This erodes purchasing power, jeopardizing a dignified retirement. Fink urges individuals to invest in market-linked options for long-term growth. He believes thoughtful investing is essential for financial security and a comfortable future.
SBI cuts deposit and lending rates after RBI repo rate reduction
The bank has reduced the interest rate on its 23-year term deposits by 5 basis points to 6.40 per cent, while its special 444-day Amrit Vrishti deposit scheme now carries 6.45 per cent, down 15 bps.
IOB to cut lending rates effective December 15
The banks External Benchmark Lending Rate - specifically the Repo linked lending rate - has been cut by 25 basis points from 8.35% to 8.10%
RBIs Sankar rules out role of stablecoins in Indias financial system
Instead of stablecoins, Sankar advocated for Central Bank Digital Currencies as the superior alternative.
Gap between credit and deposit growth widens amid repo rate cuts
Low deposit returns push customers toward equities, bonds and MFs
