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Gold prices saw a dip today, April 9, 2026, after a sharp rise yesterday. This shift follows developments in the global bullion market, specifically the Iran-US ceasefire. Major Indian jewellery brands like Tanishq, Kalyan Jewellers, Joyalukkas, and Malabar Gold & Diamonds reported lower rates for 22k gold. The Indian Bullion and Jewellers Association also noted this downward trend.
The Income Tax Department has launched Kar Saathi, an AI chatbot on its revamped portal to simplify tax filing. This tool offers 24/7 assistance, clear explanations of complex tax rules, and step-by-step guidance, aiming to reduce errors and taxpayer reliance on experts. It marks a move towards proactive compliance.
The Department of Posts has issued new FAQs clarifying child education allowance rules for central government employees. These clarifications address admissibility for pre-primary classes, including repetitions under NEP-2020, and situations like leave, suspension, retirement, and termination. The aim is to ensure uniform implementation and avoid confusion for postal staff.
Parag Parikh Flexi Cap Fund raises stakes in TCS, ITC and 14 other stocks in March
Parag Parikh Flexi Cap Fund increased stakes in Tata Consultancy Services, ITC and 14 other stocks in March, while trimming only Balkrishna Industries. The fund raised holdings in HDFC Bank, Kotak Mahindra Bank, Coal India and others, maintaining a diversified portfolio across 21 sectors.
New guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme allows partial withdrawals for medical expenses and a 100% lump sum exit for emergencies. Any Indian citizen can join this voluntary, contributory pension scheme. Contributions are invested for retirement while providing immediate medical support.
Should you invest in multicap mutual funds? Heres how to decide
Multicap funds are gaining traction post market correction as a diversified investment route. However, their mandated exposure to large, mid, and smallcap stocks makes them vulnerable to volatility, especially during market downturns. These funds are best for investors comfortable with higher risk across market cycles.
How to get your share of family property even if your sibling won't cooperate
Earning from idle crypto: A practical guide for long-term holders
Crypto investors can now earn from idle assets without constant trading. Flexible savings accounts allow users to deposit cryptocurrencies like USDT, BTC, and ETH to generate interest. This approach offers a middle ground, keeping funds accessible while they work in the background.
You reduced your home loan EMI. Here is what it is quietly doing to your credit score
Silver and gold ETFs saw significant drops on Thursday, shedding up to 4%, as MCX bullion prices followed global weakness. The US Federal Reserve's minutes signaled further rate hikes amid inflation concerns, while geopolitical risks from the Iran conflict also weighed on markets. Investors remain cautious, awaiting clarity on the US-Iran ceasefire.
Gold ETFs lose up to 6% since Mideast war. Should investors buy, hold or exit?
Gold ETFs have seen declines of up to 8% despite Middle East tensions, leaving investors uncertain. Experts advise against panic selling, recommending asset allocation and staggered buying for those at higher entry points. The recent ceasefire has caused a temporary rally, but long-term gold performance hinges on inflation and central bank policies.
Best large & mid cap funds to invest in April 2026
Large & mid cap mutual funds invest a minimum of 35% in both large and mid-cap stocks, offering a blend of stability and risk. Fund managers have flexibility with the remaining corpus, making these schemes suitable for aggressive investors with a long-term horizon willing to take on extra risk.
A Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim of withdrawing funds for a property deal. The court found his explanation lacked evidence and defied normal business conduct. The businessman's appeal was dismissed, upholding the tax department's action.
After a 43-year legal battle, the family of an employee fired for yelling at a company doctor has won back pay and post-death benefits. The Jharkhand High Court ruled the dismissal harsh, citing medical negligence and the employee's severe pain as mitigating factors. The family will receive 40% of back wages and all consequential benefits.
DA hike delay: Will government skip it or just postpone it? Experts weigh in
Central government employees are eagerly awaiting their dearness allowance hike. The announcement, usually made earlier, is now delayed. Experts suggest this is due to administrative transitions and the upcoming 8th Pay Commission. Employees will receive arrears from January 1, 2026, regardless of the announcement date. The government is expected to issue the official order soon, possibly by mid-April.
Bank customers in poll-bound states should plan branch visits for April 9, 2026. Elections are scheduled in Assam, Kerala, and Puducherry. Banks in polling constituencies may close. ATMs and online services will operate normally.
NCLAT upholds NCLT order on distribution of funds from a resolution plan
The National Company Law Appellate Tribunal has rejected a plea from five banks. They challenged fund distribution to SBI and Punjab National Bank. The tribunal upheld the distribution mechanism. This mechanism was approved by the lenders' body and the NCLT. The case involves OCL Iron and Steel insolvency proceedings. Indrani Patnaik's resolution plan was approved.
RBI proposes easing capital adequacy requirements for banks
The move is expected to provide banks greater headroom in maintaining regulatory capital ratios
The correction can also affect portfolio allocation and market sentiment, says the study
Found no concerns related to governance, conduct in HDFC Bank: RBI Governor
The banking system is very resilient, it is verysafe, strong, says Sanjay Malhotra
RBI holds rates steady amid global inflation, growth concerns
The repo rate was last cut in December 2025 by 25 basis points, from 5.50 per cent. In June 2025, the monetary policy stance changed from accommodative to neutral.
Highest FD rates: The Reserve Bank of India has kept the repo rate steady at 5.25%. Experts suggest fixed deposit rates may not increase immediately. However, future rate hikes are possible due to various economic indicators. The article highlights the highest FD interest rates across public, private, and small finance banks for 1, 3, and 5-year tenures as of April 8, 2026.
Looking to invest in ETFs? Know 3 strategies to consider before you start
Exchange Traded Funds (ETFs) offer a passive investment approach, mirroring index performance and allowing investors to align choices with their time horizon and financial goals. A structured strategy, including regular investments via SIPs, can foster discipline and help achieve objectives. Understanding the tracked index is crucial for informed ETF selection.
PPFAS Asset Management gets approval to sponsor pension funds under NPS
PPFAS Asset Management has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) today to become a sponsor for a pension fund under the National Pension System (NPS).
ITR filing 2026: New disclosure rules on donations, F&O & more explained
RBI MPC outcome: Experts explain what the rate pause means for investors
The Monetary Policy Committee (MPC) of the Reserve Bank of India, in its bi-monthly review on Wednesday, decided to keep the repo rate unchanged at 5.25% and maintained its neutral stance.
Interest rates to remain low in medium to long term: RBI Governor
Addressing the media, in a post-monetary policy conference, Malhotra said the Indian economy is very strong, resilient and robust
Gold prices in India saw a slight increase on April 8, 2026, despite a ceasefire agreement between the US and Iran. Major jewelers like Tanishq, Kalyan Jewellers, Joyalukkas, and Malabar Gold & Diamonds reported higher rates for 22k gold.
4 new PAN card forms in FY26-27: Which form to use- 93, 94, 95 or 96? Old vs new
Starting April 1, 2026, new PAN application forms are in effect. Four distinct forms, 93, 94, 95, and 96, cater to specific applicant types including Indian citizens, foreign individuals, and various entities.
Sunil Singhania backed Abakkus Mutual Fund has unveiled the maiden portfolio of its smallcap fund - Abakkus Small Cap Fund, following an in-house investment framework viz. MEETS, to evaluate key drivers of long-term value creation. This marks the funds first update since its NFO.
Bank holiday on April 9: Bank customers in Assam, Kerala, and Puducherry are seeking clarity on bank operations for April 9, 2026. Elections for legislative assemblies are scheduled in these states. While the RBI holiday calendar does not list a closure, local branches should be consulted. Central government offices will close in notified polling areas. This ensures citizens can exercise their voting rights.
RBI ups crude oil, exchange rate baseline assumptions for FY27
The Reserve Bank of India said it anticipated crude oil prices to average USD 85 per barrel and the Indian rupee to trade at 94 against the US dollar in FY27. These projections are part of the central bank's latest Monetary Policy report. The report also details past trends, including the rupee's significant depreciation in FY26 due to outflows and global factors.
RBI MPC decision: How should debt mutual fund investors change strategy after rate pause?
The RBI's decision to maintain the repo rate at 5.25% presents a complex landscape for investors. Experts advise debt fund investors to prioritize short-to-medium duration funds and high-quality corporate bonds to manage risks. Equity investors are encouraged to consider largecap and flexicap strategies amidst global uncertainties and inflation concerns.
RBI decides to do away with IFR requirements for banks
Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra proposed to remove the condition regarding NPA provisioning for inclusion of quarterly profits in CRAR computation
How seniors can unlock monthly income from their home: Reverse mortgage loan explained
Digital lending platform KreditBee raises $280 million, enters the unicorn club
The company plans to scale its artificial intelligence (AI) capabilities to drive sharper risk assessment, improve credit penetration, and enable more personalised financial offerings across customer segments
RBI projects FY27 GDP at 6.9%, hikes retail inflation estimate to 4.6%
Governor Sanjay Malhotra said the economy continues to be on a sound footing even as he cautioned that muted global growth due to the West Asia war would impact external demand and remittances.
New income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions under Section 80GGC must now provide the political party's name and PAN. This change aims to enhance transparency and traceability of contributions. Individuals donating through banking channels or UPI should be aware of these updated disclosure requirements.
You inherited a house and old shares; here's how to legally keep the taxman away when you sell
You can buy Apple, Amazon, and Tesla shares sitting in India; here's exactly how to do it
RBIs monetary policy committee keeps repo rate unchanged at 5.25%
Policy stance to continue at neutral in the wake of risks to inflation and growth arising out of supply chain disruptions from West Asia war
RBI proposes additional measures to promote ease of doing business
The measures aim to facilitate better utilisation of the Bank Boards time, after a comprehensive review of all extant instructions
Best small cap mutual funds to invest in April 2026
Despite a challenging 2025 with negative returns, small cap mutual funds saw renewed investor interest in February 2026 with significant inflows. While valuations are considered rich and market volatility persists, advisors suggest staggered investments in these high-risk, high-reward schemes for long-term wealth creation.
Silver, gold ETFs rally up to 6% as Iran ceasefire eases inflation fears. Should you buy?
Silver and gold ETFs surged up to 6% on Wednesday, mirroring gains in global bullion markets. This rally followed U.S. President Trump's agreement to a two-week ceasefire with Iran, easing energy-driven inflation concerns. Experts suggest current levels offer an attractive consolidation zone for long-term investors.
Will FD investors see higher interest rates in coming months despite RBI holding repo rate?
Retaining repo rates in succession was a relief for many FD investors who have been depositing for low maturity amounts for some time after many banks and small finance banks cut deposit rates following the RBIs 125 bps repo rate cut last year (2025). However, traditional banks and small finance banks are less likely to increase FD rates in the near future, but the possibility of a rate is quite a possibility given many indicators suggesting so.
Will dream run for home loan borrowers end soon despite RBI maintaining status quo on repo rate?
The Reserve Bank of India has kept the repo rate steady at 5.25%. Home loan borrowers may see temporary relief. However, rising inflation, driven by global events, suggests a potential repo rate increase in upcoming meetings. This could lead to higher home loan interest rates. Strategies like prepayment and refinancing can help manage future loan costs.
RBI MPC Meeting 2026 Live Updates: Rate-setting panel's decision to be announced today
The Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC) is set to announce the decisions taken in its first meeting of the financial year 2026-27 on Wednesday at 10:00 am.
Antwerp court clears way for Mehul Choksi extradition to India
The court found that most charges meet the reciprocity requirement under Belgian law, while excluding one count not punishable in Belgium
When Mr Sewadsha from Ghatkopar East purchased five apartments in a housing project in Bhandup he had no idea that the builder had cheated him by selling refuge areas (vacant areas). The reason why the builder could dupe Sewadsha is because there was an error in the plan annexed to the Occupancy Certificate which shows a part of the vacant space as residential flats on 8th and 15th floor of the housing society even though no constructed residential apartment, fit for occupation, exists there.
Many investors overlook their National Pension System, assuming retirement plans are on track. However, a 'set and forget' approach can lead to misaligned asset allocation and insufficient corpus. Regular reviews are crucial to ensure contributions and investments align with long-term goals. Adjusting risk and rebalancing portfolios helps secure retirement wealth.
Tata Mutual Fund allows lumpsum investments in small-cap plan again
Tata Mutual Fund has reopened its small-cap fund to lumpsum investments. This move follows a market correction that has presented better entry points. The fund manager sees a favourable risk-reward for investors with a 3-5 year horizon. Other small-cap funds still have restrictions. The small-cap category manages significant assets.
Bank of Baroda unveils AI-powered multilingual conversational platform for customer interactions
bob SAMVAD leverages AI-driven speech and language technologies to enable real-time, two-way communication across 22 languages
Pre-funding norms for biz: Business correspondents may get some relief
However, this move does not meet BCs primary request for reducing the security deposit requirement upfront
IRDAI forms panel to review health insurance
IRDAI has constituted a sub-committee of the Insurance Advisory Committee for the same
What must be assessed is whether the claimant spouse has sufficient independent income to sustain herself, the court said. While highlighting that the wifes familys financial background is irrelevant in this case, Justice Urmila Joshi Phalke noted that interim maintenance depends on financial necessity.
Tata Mutual Fund resumes lumpsum subscriptions in Tata Small Cap Fund
Tata Mutual Fund has announced the resumption of all fresh inflows through lumpsum and switch-in applications, in Tata Small Cap Fund effective from April 06, 2026.
Gold prices in Dubai saw minor fluctuations on April 7, 2026. Major retailers like Joyalukkas, Malabar Gold & Diamonds, Dubai Jewellery Group, and Kalyan Jewellers reported rates for various karats. Investors remained cautious due to geopolitical tensions involving the US and Iran. The UAE Dirham exchange rate against the Indian Rupee was also provided.
Gold rate prediction: Gold prices are experiencing volatility amid heightened geopolitical tensions, with a US deadline for Iran creating uncertainty. While leading jewelers saw slight increases in 22k gold rates, the IBJA reported a drop across various purities. Experts predict short-term price fluctuations but a positive medium to long-term outlook for gold and silver.
I am 42, earning Rs 28 lakh annually. I invest Rs 60,000 per month through SIPs in a mix of large cap (40%), flexi-cap (30%) and mid-cap (30%) funds. My investment horizon is 12-15 years, primarily for retirement. Is it advisable to add a multi-asset or balanced advantage fund to reduce volatility?
Invesco India Mid Cap among 5 mid cap mutual funds to offer over 20% CAGR in 3 years
Five mid-cap mutual funds delivered over 20% returns in three years, led by WhiteOak Capital. Meanwhile, laggard funds posted modest gains, highlighting performance divergence within the mid-cap mutual fund category.
Salary hikes in India are stabilizing around 9.1% for 2026, a slight increase from 9.0% in 2025, as companies prioritize cost discipline and productivity. While some sectors offer higher increments, a broader talent pool and a shift towards skills-based hiring are influencing compensation strategies.
New tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for education. Interest on motor vehicle compensation is now tax-exempt. Small taxpayers get an easier process for lower TDS certificates. TDS on manpower supply is clarified.
Qsif Active Asset Allocator Long-Short Fund is open for subscription. 8 key things to know
Quant Mutual Fund launches dynamic multi-asset long-short fund, investing across equity, debt, derivatives, commodities and InVITs. The strategy aims to optimise returns, manage risk, and suit long-term investors.
EPFO 3.0 withdrawal rules explained: When can EPF members withdraw their PF corpus through UPI?
EPFO is set to launch EPFO 3.0, enabling UPI withdrawals and simplifying fund access for members. New rules consolidate withdrawal provisions into three categories: essential, housing, and special needs. Members can now withdraw up to 75% of their balance anytime, including employer contributions, offering greater flexibility for emergencies and life events.
While members are entitled to take out up to 100% of their eligible EPF balance, including both employee and employer contributions, there are certain terms and conditions that apply. So, what happens in case you lose your job or are laid off by your company?
Want to build Rs 1 crore corpus? Find out the mutual fund SIP amount needed with this calculator
This guide helps you calculate the monthly SIP needed to reach a Rs 1 crore goal using simple Excel functions or a DIY paper formula. Adjust assumptions, returns, and timelines to plan your investments with confidence and clarity.
HDFC Bank trims lending rates: EMIs for these loans to fall as lender cuts MCLR on select tenures
HDFC Bank lending rates: HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rates (MCLR) on select tenures by up to 5 basis points, effective April 7, 2026. This adjustment benefits borrowers with loans linked to the MCLR regime, with overnight and one-month rates now at 8.10%.
RBI MPC Meet April 2026: Date, Time, Expectations & live details
Heres everything you need to know about Wednesdays MPC announcements
Gift deed or relinquishment deed? The best way to transfer your land and avoid costly mistakes
Portfolio in red after moving from FDs? Expert shares how to handle volatility and allocate smartly
A Gujarat-based investor, new to equity mutual funds after years in fixed deposits, faces initial losses but shows courage to invest further. Experts advise focusing on asset allocation across market caps rather than changing existing sound funds. Additional investments should be channeled into current flexi-cap and multi-cap schemes, with lumpsum considered if comfortable with volatility.
FEMA warning for NRIs: Wrong bank account can cost you 3x balance in penalties
MF Tracker: Quant Multi Asset Allocation Fund shines across timeframes. Can it sustain the lead?
Quant Multi Asset Allocation Fund has achieved top returns across 3, 5, 7, and 10-year periods among its peers. Its dynamic asset allocation strategy, particularly overweight positions in financials and timely tactical shifts, has driven this consistent outperformance, even outshining the category average.
India plans sovereign guarantees on loans to businesses hit by Iran war, sources say
India is set to launch sovereign credit guarantees for loans totaling $26.7 billion. This initiative aims to bolster businesses, especially small ones, impacted by the Middle East crisis. The government will provide guarantees for four years, similar to measures taken during the COVID-19 pandemic. This move is expected to cost between 170 billion and 180 billion rupees.
The Public Provident Fund (PPF) interest rate remains unchanged at 7.1% per annum for the April-June 2026 quarter. The Finance Ministry confirmed that rates for small savings schemes will continue from the previous quarter. PPF offers tax benefits on contributions, interest, and withdrawals, making it a popular investment.
The Income Tax Rules, 2026 introduce significant benefits for salaried employees, including expanded HRA and meal card tax advantages. These changes, effective April 1, 2026, aim to reduce taxable income through optimized salary structuring. The article illustrates tax liabilities for CTCs ranging from 15 lakh to 50 lakh under both new and old tax regimes.
Fund managers back large-caps, stay wary of mid- & small caps
Following a market sell-off, fund managers indicate that share valuations are no longer stretched, though aggressive bets are still discouraged. While large-cap stocks have reached comfortable levels, skepticism remains for mid and small-cap segments. Investors are advised to stay invested and stagger entries through systematic or phased allocations.
Steady Q4 expected for banks on strong metrics
Banks are anticipated to report steady Q4 due to strong loan and deposit growth, improved profitability, and controlled slippages
RBI proposes separate categories of banking correspondents, uniformity in wages
At present, there is no classification among business correspondents, while the commissions they get paid vary from bank to bank
Gold: The correction was the repositioning, not the end of the trend
Gold remains a vital liquidity source even with price drops. Central banks and individuals are selling gold to ease financial strains. In India, investors are shifting towards Gold ETFs for easier and more efficient investment. This trend offers attractive entry points for building gold exposure. Gold ETFs provide transparent pricing and security, making gold a liquid asset.
6 things to know about Form 121: Who can file it, documents needed and how it works
New Income Tax Return forms have removed ITR-1 and ITR-4, requiring US 401(k) and overseas pension account holders to now use ITR-2 or ITR-3. This change aims to streamline reporting of foreign assets and income, aligning with existing disclosure requirements. Taxpayers can still defer tax liability by filing Form 10-EE.
The 8th Pay Commission salary hike will depend on the fitment factor that the 8th Pay Commission decide. Employee bodies have been demanding for as high a fitment factor as 3.25. Amid such a backdrop, NC-JCM, the umbrella body of the central government employee and pensioner bodies, will hold a meeting on April 13, 2026, where it will discuss the final memorandum that will be sent to the 8th Pay Commission.
Tonse takes charge as chief of YES Bank
Tonse takes over the reins from Prashant Kumar who demitted office as MD & CEO on April 5
