21 C 
Invoices financed on RXILs platform jumps 51% to 1,21,105 cr in FY26
Cumulative value of invoices financed on RXILs Trade Receivables Discounting System platform crosses 3 lakh crore mark
Rajive Kumaraswami to be MD and CEO of Chola MS General Insurance
Kumaraswamiwill succeedVSuryanarayanananasManaging Directorand CEOof Chola MS from June 1, 2026
RBI unveils medium-term strategy framework Utkarsh 2029
The framework also prioritises scaling up the Unified Lending Interface to improve access to credit, particularly for underserved segments
Fintechs bet big on digital FDs, eye larger share of retail savings
Fintechs are revolutionising Indias fixed deposit market, enhancing access and convenience for retail savers through digital platforms
RBI proposes 1 Lakh crore asset threshold for NBFC Upper Layer classification
Government-owned NBFCs will be brought under the framework for scale-based Regulation of NBFCs
The Latest Fixed Deposit Interest Rates: Apr 10, 2026
The Latest Fixed Deposit Interest Rates: Apr 10, 2026
India to push for reporting of offshore rupee trades despite resistance, sources say
Domestic banks are already required to report all derivative transactions, including by their overseas offices
A beginner's guide to scalping: Capturing the markets micro-trends
Scalping is a high-speed trading style focused on capturing tiny price movements, demanding radical honesty, unbreakable discipline, and flawless execution. It requires a deep understanding of costs, including regulatory charges and the Tap Tax from trading apps, to achieve profitability. Success hinges on disciplined execution, managing risk ruthlessly, and knowing when to stop.
The new sectoral guidelines Sankalp 3.0 has been designed as a structured, outcome-driven framework that balances regulatory expectations with industry ownership, according to a Sa-Dhan statement
Gold prices in Dubai are drawing attention today, April 10, 2026. Geopolitical events, including the US-Iran ceasefire, are influencing the market. Investors are observing these developments closely. Various jewelers like Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Dubai Jewellery Group, and iGold are reporting gold rates across different karats.
The Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxation system. Participants can win cash prizes, with the top ten winners receiving Rs 10,000 each. The quiz runs from March 20 to April 20, 2026.
Mutual fund SIP stoppage ratio surged to 100% in March as discontinued SIPs outpaced new registrations, even though monthly SIP contributions hit a record Rs 32,087 crore. Overall investor participation remained strong, with equity inflows extending their multi-year positive streak and SIP accounts nearing 9.72 crore, reflecting sustained long-term investment appetite.
India's remittances to reach record $140 billion in FY26: SBI Research
The report also noted that the Governor's December 2025 statement had a more dovish tone when inflation was lower and geopolitical conditions were more stable
DA hike January 2026: Why is the announcement delayed and what to expect
Gold rates today: Gold prices have seen a decline across major Indian jewelry brands following a US-Iran ceasefire and a subsequent drop in crude oil. This easing of geopolitical tensions has led traders to reassess inflation risks and demand for safe-haven assets.
Gold ETF inflows drop 57% to Rs 2,265 crore; silver ETFs see second straight month of outflows
Gold ETF inflows fell 57% to Rs 2,265 crore in March, while silver ETFs posted outflows for the second consecutive month, AMFI data showed. Commodity ETFs had a rough month, with all 43 ending in the red and silver-heavy schemes leading declines amid a global selloff in precious and industrial metals.
West Asia conflict drives surge in NRI term insurance purchases from India, 35% m-o-m surge: Report
The report further highlights that close to 80% of NRIs prefer pure term insurance plans over return-of-premium products
RBI to conduct 2 lakh cr 7-day VRRR auction on Friday
The operation aims to withdraw excess cash and stabilise short-term interest rates
No policy details without ID: Delhi High Court backs LIC in RTI case
The Court noted that LIC manages a vast database of policies and cannot reasonably trace records without key details such as name, date of birth, or address
Prime Minister Narendra Modi promised the 7th Pay Commission for West Bengal state government employees if the BJP wins the upcoming assembly elections. This announcement comes amid anticipation for the 8th Central Pay Commission salary hike, highlighting the divergence in pay commission timelines between the Centre and various states, with some states like West Bengal still operating under the 6th Pay Commission.
From trusted persons to kill switch: 6 ways how RBI is planning to safeguard your online payments
Amidst rising online fraud, the RBI proposes enhanced digital payment security. Key measures include a one-hour wait for new payees and high-value transfers, an optional 'trusted person' approval for vulnerable users, and an emergency 'kill switch' to block all digital transactions.
Mutual fund SIP inflows rise 8% to hit all-time high of Rs 32,087 crore in March
Mutual fund SIP inflows reached a record Rs 32,087 crore in March. Equity fund inflows surged by 56%. Flexi cap funds led the equity category. Conversely, debt mutual funds experienced a significant outflow of Rs 2.94 lakh crore. Liquid funds saw the largest redemptions. This marks a notable shift in investor sentiment.
March AMFI Data: Equity mutual fund inflows soar 56% MoM to Rs 40,450 crore; flexicaps top charts
Indian equity mutual funds saw a significant surge in March, with inflows climbing 56% to Rs 40,450 crore, driven by strong performance in flexicap, smallcap, and midcap categories. Conversely, debt funds experienced a substantial outflow of Rs 2.94 lakh crore, while hybrid funds also saw a net outflow.
Bandhan Small Cap among 5 smallcap MFs offering up to 28% CAGR over 3 years
Quant Small Cap Fund saw focused buying in financials and smallcaps in March, adding Safari Industries and avoiding any portfolio exits.
Here how you track & reclaim forgotten shares from ESPPs, IPOs, demat
The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2026 quarter will remain at 7.1%. This rate applies to GPF, CPF, and other similar government funds. The Public Provident Fund (PPF) and other small savings schemes also retain their interest rates.
You are a US citizen and inherited property in India; here's what you have to do next
Indian banks resilient despite rising credit pressure in Asia: Fitch
Indian banks may face pressure on earnings as liquidity tightens. The report says margin pressure could increase as the Reserve Bank of Indias (RBI) ability to inject liquidity becomes limited
A government servant is entitled to claim reimbursement for the amount paid towards the education of their children. The amount for reimbursement of CEA is Rs 2,812.5 per month (fixed) while the hostel subsidy is specified at Rs 8,437.5 per month (fixed), irrespective of actual expenses incurred.
Samir Arora-backed Helios Flexi Cap Fund adds nearly 13 lakh shares of HDFC Bank, exits IOC & HPCL
Samir Arora-backed Helios Flexi Cap Fund significantly increased its stake in HDFC Bank, adding nearly 13 lakh shares amidst a price decline. The fund also made a complete exit from Indian Oil Corporation and Hindustan Petroleum Corporation. Additionally, it boosted holdings in eight other stocks and introduced new ones like BSE and Solar Industries India.
Best tax saving mutual funds or ELSS to invest in April 2026
Taxpayers looking to save income tax under Section 80C can consider Equity Linked Savings Schemes (ELSS). These tax-saving mutual funds offer potential for higher returns over the long term and have the shortest lock-in period of three years among 80C investments. However, ELSSs carry higher risk as they invest in stocks and do not guarantee returns.
DA hike delay sparks concern: Employees bodies urge FM Sitharaman for quick announcement
SB Yadav, secretary general, Confederation of Central Govt Employees & Workers, in a letter dated April 8, 2026, wrote to the Finance Minister to step in announce the dearness allowance (DA) and dearness relief (DR) for employees and pensioners, respectively. The confederation wrote that the delay in announcement is triggering severe discontent and apprehensions amongst employees and pensioners
The Allahabad High Court ruled a husband can sell his sole-owned apartment even during a matrimonial dispute. A wife was ordered to vacate her husband's flat, sold amidst their divorce case, as she failed to prove co-ownership with documentary evidence. The court found the transfer valid as the husband was the exclusive owner.
RBI proposes one hour delay for transfers above 10,000 to curb fraud
The paper also suggests requiring an additional trusted person authentication for high-value transactions above 50,000 for vulnerable groups such as senior citizens and persons with disabilities
Tenants receiving compensation for surrendering tenancy rights can avoid income tax if they reinvest the funds into a residential property. A recent ITAT Mumbai ruling confirmed that tenancy rights are capital assets, and their surrender constitutes a transfer, making the compensation eligible for Section 54F exemption under specific conditions.
CBI registers FIR in 550 crore IDFC bank embezzlement case
The Haryana government transferred the probe to the central agency on Wednesday, according to the Department of Personnel and Training
RBI issues guidelines to enhance efficiency of cross-border inward payments
Messages received after close of operating hours of banks will be informed to customer immediately at the start of the next business day
Banks close out bulk of their long dollar positions ahead of RBIs April 10 deadline
Move to ensure orderly conditions in the foreign exchange market
Bitcoin holds near $71,000 as markets weigh geopolitics and macro signals
The recent resilience in crypto prices comes amid improving global risk sentiment, though markets remain cautious as the Strait of Hormuz situation evolves
PMMY loans disbursal reach all time high at 5.64 lakh cr in FY26
Non-performing assets down to about 2 per cent from 4.86 per cent five years ago
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline, sources say
On March 27, the Reserve Bank of India directed banks to limit their net open positions in the rupee to $100 million, with compliance required by April 10
Gold prices in Dubai remained a key focus on April 9, 2026, reflecting global trends and local market dynamics. Major retailers like Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Dubai Jewellery Group, and iGold reported competitive rates across various karats. These prices fluctuated amidst ongoing geopolitical tensions, with 24KT gold generally priced around AED 569.75 per gram.
8 ways Indias Labour Codes can help build a modern, expanding, and increasingly diverse workforce
By streamlining the old laws, the government has signalled its intent to align Indias regulatory framework with the demands of a $5 trillion economy embedded with the needs of a modern, expanding and increasingly diverse workforce. The new Labour Codes seek to create both a ready workforce and a more predictable environment for business.
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.
Big update in gold ETFs: What Sebis new rule means for your investment
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.
Indias securitisation market hits record 2.55 lakh crore in FY26 on NBFC boost
Market sees more than 65,000 crore in transactions during January-March quarter alone, representing a 20% growth compared to same period in previous year, Crisil Ratings says
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.
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
The rupee faces continued headwinds from a relatively strong dollar
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.
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
NFO Alert : Groww Mutual Fund launches arbitrage fund
Groww Mutual Fund has announced the launch of the Groww Arbitrage Fund, an open-ended scheme investing in arbitrage opportunities. The scheme is designed to capture pricing differences between the cash and derivatives markets, with the aim of generating relatively stable returns with limited directional equity risk.
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.
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
Leadership churn at Visa: India head Sandeep Ghosh exits role
His exit comes amid rapid growth in Indias electronic payments ecosystem, driven by strong consumer adoption and government-backed infrastructure
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
