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ADB commits over $5 billion to India in 2025 for skills, clean energy, transport and urban projects
The total commitment included $4.238 billion in sovereign lending and $1.06 billion for private sector operations
AMFI Data: Equity mutual fund inflows decline 5% MoM to Rs 38,440 crore in April
The total inflows in equity mutual funds declined 5% to Rs 38,440 crore in April.
Canara Bank Q4FY26 earnings soften, posts 10% dip to 4,506 cr
Domestic deposits rose 7.95 per cent y-o-y to 14,36,905 crore as of March 2026, compared to 13,31,137 crore in the same period last year
Sunil Singhania led Abakkus Mutual Fund crosses Rs 5,000 crore in AUM with 1 lakh unique investors
Abakkus Mutual Fund, led by Sunil Singhania, has achieved a significant milestone, surpassing Rs 5,000 crore in assets under management with over 1 lakh unique investors. Launched in December 2025, the fund house attributes its rapid growth to investor confidence, a disciplined research-driven approach, and a focus on building trust and transparency.
A 29-year married Redditt user has shared his story of how, just four years into his job, he not only paid off his education loan but also created a corpus of Rs 50 lakh, starting his investment journey from scratch with no family inheritance.
Quant Small Cap Fund: RIL and HDFC Bank among stocks bought and sold in April
Quant Small Cap Fund adjusted its holdings in April 2026. The fund exited HDFC Bank, Jio Financial Services, and Aarti Industries among others. New additions included Triveni Tribune, Sai Parenterals, and PTC India. Exposure was trimmed in Adani Power and Aegis Logistics. The fund increased its stake in Black Box, Capacite Infraprojects, and RBL Bank.
Central government employees are concerned about their NPS retirement corpus due to market fluctuations. The All India NPS Employees Federation has proposed an assured pension of 50% of last-drawn salary plus DA to the 8th Pay Commission, arguing the current model provides inadequate pensions for many, especially those with shorter service or lower pay levels.
HDFC Mid Cap among 5 midcap funds with highest cash holding. Check details
Several midcap funds maintained significant cash reserves in March, with Axis Midcap Fund leading at approximately 9.3%. Other funds like the Taurus Mid Cap Fund and the HDFC Mid Cap Fund also held substantial cash, reporting 8.8% and 7.7% respectively. Baroda BNP Paribas and Bank of India Mid Cap Funds rounded out the list with allocations of 7.5% and 6.5%.
A portfolio is like an Indian thali: Radhika Gupta explains why global diversification matters
At a time when Indian investors are increasingly exploring overseas markets amid strong performance in global equities, fund managers at the Groww India Investor Festival 2026 cautioned against treating international investing as a short-term return-chasing strategy.
Planning to rebalance your mutual fund portfolio amid market volatility? Heres what experts suggest
The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in Indias wage and social security compliance framework. As the expanded definition of wages increases social security liabilities, many employers may consider restructuring salary structures to manage rising costs. However, section 124 of the Code places an important restriction on such measures by prohibiting employers from reducing employee wages or benefits to offset these additional liabilities.
JioBlackRock Flexi Cap Fund exits 3 AMC stocks, HAL, and 13 others in April
JioBlackRock Mutual Funds Flexi Cap Fund completely exited 17 stocks in April, including AMC companies and Hindustan Aeronautics, while adding 27 new stocks to its portfolio. The fund also increased exposure to several large-cap names and expanded its portfolio size from 107 to 117 stocks.
Prime Minister Narendra Modi urged citizens to temporarily reduce gold purchases for one year to ease pressure on foreign exchange reserves and imports. Following his appeal, gold prices saw a slight dip. Today, 22k gold is priced around Rs 13,945 per gram at major retailers, with Tanishq showing a slightly higher rate.
Tata Large Cap Fund has turned a Rs 10,000 monthly SIP into over Rs 5 crore in 28 years. The fund also delivered substantial returns on lump sum investments. Experts highlight its disciplined approach and focus on quality companies.
Can you be fired from job despite achieving your annual target? Know what the labour law says
Meeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer protections for 'workmen' against unfair retrenchment, including the Last In, First Out principle. Managers, however, have weaker protections, with wrongful termination claims often being contractual and focusing on discrimination or policy violations.
Explore this practical guide to smarter home financing
Securing a home loan requires careful financial planning. Understanding eligibility criteria, using an EMI calculator, and checking your credit score are crucial steps. Evaluating loan charges and strengthening your profile can lead to a more favorable borrowing experience and a sustainable homeownership journey.
Second marriage & dowry harassment: SC quashes FIR against in-laws, keeps 498A case against husband
The Supreme Court quashed FIRs against a husband's in-laws and sister in a dowry harassment case. While the wife alleged they were aware of his second marriage, the court found no evidence of their active participation. The case against the husband, however, proceeds due to specific allegations of torture and dowry demands.
RBI likely selling dollars to limit rupee's fall, traders say
Rupees fall amid a renewed surge in oil prices has surfaced worries over the risks to Indias economic outlook
Q4 ResultsToday, May 11, 2026, Live Updates: Follow our live
The one number that can save you lakhs on your home loan; do you have it?
Protecting your household budget with EVs, solar
Fuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Heres how switching to an EV, rooftop solar, or an induction cooktop can protect your household budget. And what it will actually cost you.
How infrastructure is reshaping real estate demand
To maximise gains from an anticipated infrastructure development, the most crucial point to keep in mind while investing early is that pricing often runs ahead of liveability. Unlike the ecosystem of social infrastructure like schools and hospitals, retail catches up and end-user demand remains cautious.
Why most Indians retire asset-rich but income poor
One of the industrys most recognisable voices on investing, Radhika Gupta, MD and CEO, Edelweiss Mutual Fund, has helped shape both her fund house and the broader industry conversations around investing. In this conversation with Sanket Dhanorkar, she talks about why she prefers simple investment solutions.
Missed claim deadline? Reimbursement still possible
A Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 90-day deadline. The court invoked Section 28 of the Contract Act, deeming such clauses void. This judgment emphasizes that genuine claims should be assessed on merits, not technical procedural delays, aligning with IRDAI's fair claims philosophy.
Lending money to friends? Read this first
When a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. Sometimes, just saying that you will think about it is enough for the other to back off. They may feel hesitant to follow up, or seek others.
From glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
Bundled vs standalone: Which travel cover wins?
Since both serve specific purposes and needs, pick the one that suits your travel itinerary and circumstances
Why Indian investors are turning to foreign markets
Indian investors are increasingly looking beyond domestic markets for diversification and better returns. Seeking exposure to global innovation and facing weaker local market performance, a growing number are investing overseas. Easier access through new platforms and a weaker rupee are making foreign assets more attractive, with significant growth seen in global feeder funds and overseas equity investments.
Why reputation capital is your second job at work
Salary is Job 1. Reputation is Job 2. Most manage only one, says Devashish Chakravarty
Small savings schemes explained: Safe returns & tax benefits
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 102nd part of this series, Riju Mehta details the features of such schemes.
RBI and ECB sign a new MoU for strengthening central bank cooperation
The updated MoU, which replaces an earlier agreement signed in 2015, provides a framework for regular exchange of information, policy dialogue and technical collaboration between the two institutions in areas of mutual interest in the field of central banking
CMS wins 5-yr managed ATM services outsourcing mandate from HDFC Bank
Order valued at 400 crore
Mothers Day 2026: Why mutual fund SIPs, emergency funds, and insurance are essential for mothers
Financial experts emphasize smart planning for mothers' future security, urging early and consistent investing. Flexi-cap and large-cap funds are recommended for growth, while debt and hybrid funds suit retirement. Working mothers can afford higher equity exposure, whereas homemakers benefit from a more conservative approach.
Rajeev Thakkar and Sankaran Naren see value in IT despite AI disruption concerns
Veteran fund managers Rajeev Thakkar and Sankaran Naren believe select Indian IT stocks are becoming attractive despite AI disruption concerns. While Naren called the sector a contrarian valuation play with possible risks, Thakkar argued Indian IT firms have historically adapted to technological shifts, and AI-driven productivity could ultimately expand demand.
Equity MFs delivered over 8% return last week. Check top 9 funds with over 5% gain
Equity mutual funds saw a strong performance last week, with over 8% returns for the category. Among the top performers, international funds like Mirae Asset Global X Artificial Intelligence & Technology ETF FoF led the pack with an 8.49% gain.
Mutual fund NFOs: 2 passive funds to open for subscription this week; check key details here
Two new passive mutual funds are launching this week to expand fund houses' offerings. DSP Nifty FMCG ETF opens May 12-14 with a Rs 5,000 minimum, while HDFC Gold Silver Passive FoF opens May 15-29 with a Rs 100 minimum. Investors should choose based on their risk appetite and goals.
Navneet Munot, Nilesh Shah and Kalpen Parekh caution investors against chasing unrealistic returns
Top mutual fund managers at the Groww India Investor Festival 2026 advised investors to avoid unrealistic return expectations, emotional investing and social media-driven decisions. They stressed disciplined SIP investing, asset allocation, patience and behavioural awareness as key drivers of long-term wealth creation while remaining optimistic about Indias long-term growth prospects.
NFOs : 7 mutual funds and 3 SIFs are open for subscription. Check details
Seven new mutual fund schemes and three Specialised Investment Funds (SIFs) are currently open for subscription, offering investors fresh opportunities across equity, debt, hybrid, and thematic categories.
New to mutual funds? Experts suggest using 50-30-20 rule to build a smart investment strategy
New investors often find mutual funds daunting. Experts advise focusing on personal goals, risk tolerance, and investment timelines over market noise. For beginners, starting with stable categories like large-cap or index funds is recommended. Hybrid and dynamic funds can also ease the journey. Emotional reactions to market dips should be avoided; consistency is key.
FD rate up to 8.05% for senior citizens investing for five years; Know list of banks
For senior citizens looking to maximize their savings, attractive fixed deposit rates are still within reach. Suryoday Small Finance Bank proudly tops the list with an impressive 8.05% for a five-year commitment. Other small finance institutions are also stepping up with competitive offers. Remember, while it's tempting to chase high returns, prioritizing safety is key.
Star-rated flexi cap funds have generated 15%+ returns in 3 years, with schemes from Parag Parikh, HDFC, and Quant emerging as top performers amid strong equity market momentum.
Q4 ResultsToday, May 9, 2026, live: Catch live updates on companies like Blue Dart Express, Kewal Kiran Clothing, Medi Assist Healthcare Services, Sambhv Steel Tubes, Utkarsh Small Finance Bank and others here.
The Income Tax Department has revised ITR forms for FY 2025-26, introducing new disclosure requirements for capital gains, trading, and foreign assets. These updates aim to simplify filing for various taxpayer categories, including individuals, businesses, and presumptive income earners.
Fake income tax emails target Indians: Kaspersky warns of SilverFox hacker attack
Cybersecurity firm Kaspersky has warned Indian consumers about a sophisticated phishing campaign by the SilverFox hacker group. These malicious emails, disguised as official Income Tax Department notices, aim to trick users into downloading malware. The attackers use a multi-stage approach, deploying backdoors like ValleyRAT and ABCDoor to gain remote access and steal sensitive data.
Missed GST return filing? Your GST registration could be suspended; check the legal position
GST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight this change, enacted in 2022, is causing business disruptions. While authorities have more flexibility, concerns are raised about arbitrary actions and the need for clearer guidelines and appeal mechanisms.
Aishwarya Bachchan won a tax case in ITAT Mumbai. She claimed Rs 1.49 crore interest deduction on a loan taken for Venture Capital Fund investments. The tax department denied this. ITAT ruled in her favour, allowing the deduction. The tribunal cited consistency in accepting similar claims and sufficient proof of fund utilisation for income generation.
Saturday bank holiday: Are banks open or closed today on May 9, 2026?
Bank holiday today: Bank customers should check whether banks are open or closed before making a physical visit to a branch. Apart from regular weekend closures and national holidays, banks in different states will also remain closed in May 2026 on various regional and local occasions.
SC extremely shy to order arrest inADAGbank fraud case
Says arrest is a matter for probing agencies;CBIpegs losses in 7 cases at 27,337cr
Q4 ResultsToday, May 8, 2026, Highlights: Catch live updates
The RBI has also prescribed a revised formula for determining eligible profit that can be included in CET1 capital
SBI reports modest 6% profit rise in Q4FY26 amid lower treasury income
Lower provisions and steady loan growth support SBI earnings amid margin compression
Bank of Baroda clocks 11% increase in Q4 profit at 5,616 cr
Board recommends a final dividend of 8.50 per equity share for the FY26
Karur Vysya Bank guides for steady FY27 credit growth amid global uncertainties
The bank cautious on its guidance for NIM and return on assets due to uncertainties around interest rates, deposit costs and geopolitical risks
The Latest Home Loan Interest Rates: May 01, 2026
The Latest Home Loan Interest Rates: May 01, 2026
The Latest Fixed Deposit Interest Rates: May 01, 2026
The Latest Fixed Deposit Interest Rates: May 01, 2026
Setty also dismissed reports of a crisis in Point of Sale (POS) terminals linked to the ongoing West Asia crisis
Interest rates may vary. If we talk about the post office, it offers a 6.7% interest rate on its RD, while its rate for the 5-year FD is 7.5%. Using both post office FD and RD for financial planning, you can create a nearly Rs 1 crore retirement corpus in 20 years even if you invest Rs 10 lakh in the FD and invest Rs 10,000 monthly in the RD.
Homeowners in Uttar Pradesh can now file online complaints against builders for illegal transfer charges. UP-RERA has activated a new mechanism allowing successors of deceased allottees to challenge unlawful demands. This move, following a regulatory amendment, caps processing fees for family transfers at Rs 1,000 and for non-family transfers at Rs 25,000.
Ujjivan Small Finance Bank Q4 profit surges 3-fold to 282 cr
The bank had posted a net profit of 83 crore in the year-ago period
A Will has always been optionally registrable under Section 18 of the Registration Act, 1908, and registration is not mandatory for validity. What Maharashtra has now done, by extending its One District One Registration framework to testamentary instruments, is two-fold: it has decoupled the act of registration from territorial jurisdiction, and reaffirmed the nominal Rs 100 fee with no statutory deadline for presenting the will.
8th Pay Commission: Railway employees body demands higher HRA, DA merger and retirement benefits
How long will it take to double your investments? Heres how the Rule of 72 works
The Rule of 72 helps investors estimate investment doubling time by dividing 72 with annual return rate. It simplifies compound interest calculations, though results remain approximate for extreme interest rates.
Searching for mid-cap mutual funds? Here are 5 funds for investing in May
ETMutualFunds has shortlisted top midcap mutual funds based on rolling returns, consistency, downside risk, outperformance and asset size. Funds from Axis, PGIM India, Invesco, Kotak and Tata featured in the list. Experts suggest midcap funds are suitable only for investors with high risk tolerance and long investment horizons.
RBI announces result of underwriting auction for 34,000 crore government securities
The underwriting auction was conducted for the Government of India security with a notified amount of 34,000 crore, according to the RBI release issued on Friday
SBI Q4 net up 5.6% to 19,684 crore, provisions down
Total income came in at 1.4 lakh crore, a tad down from 1.44 lakh crore year ago
The Patna High Court has issued comprehensive directions for the National Lok Adalat on May 9, 2026, aimed at facilitating the smooth settlement of pending traffic challans under Bihar's One-Time Settlement Scheme. Authorities are instructed to ensure accessible locations, online payment options, and adequate security and parking to manage anticipated large crowds and prevent interference from external agents.
NBFCs plan 15,000 crore in debt sales as yields decline
A drop in corporate debt yields, especially for shorter term funds, has prompted companies to go back to the market after a quiet April
Quant Small Cap Fund exits HDFC Bank, Jio Financial Services and 5 other stocks in April
Quant Small Cap Fund reshuffled its portfolio in April, exiting seven stocks including HDFC Bank and Jio Financial Services while adding new names and trimming exposure in select counters. The fund maintained a defensive stance with higher large-cap allocation, aiming to manage volatility and improve liquidity amid broader market uncertainty.
Gold and silver prices remained largely unchanged on May 8, 2026, following an uptick driven by easing inflation concerns and potential US-Iran peace talks. Experts predict gold could reach $4,800-$4,850, while silver eyes $85, with markets awaiting key economic data.
Investors seeking high returns on 5-year fixed deposits can explore options beyond public sector banks. DCB Bank leads private banks with a 7.25% interest rate, offering an approximate maturity of Rs 1.43 lakh on a Rs 1 lakh investment. IDFC FIRST Bank follows closely, while other private and small finance banks also present competitive rates.
Invesco Mutual Fund resumes subscription in 3 international funds
Invesco Mutual Fund has resumed subscriptions for three international funds, including Global Equity Income, Pan European Equity, and Global Consumer Trends, effective May 8. Subscriptions will be permitted up to available headroom without breaching overseas investment limits as of February 1, 2022. The fund house reserves the right to temporarily suspend subscriptions if limits are approached.
IMF warns AI-driven cyber threats could destabilise global financial markets
Advanced AI models now reduce the time and cost required to identify and exploit weaknesses, increasing the probability of attackers targeting widely used systems simultaneously
Hyderabad's luxury real estate market saw a significant surge, with High Net Worth Individuals (HNIs) and Ultra HNIs investing Rs 8,562 crore in FY2026. The report highlights Kokapet, Nanakramguda, and Manchirevula as prime locations, indicating a shift in investment focus towards the city's growing luxury ecosystem.
Motilal Oswal Mutual Fund has launched its Contra Fund, open for subscription until May 22. The fund aims for long-term capital appreciation by investing in fundamentally sound but undervalued stocks. Experts suggest this strategy suits patient investors with a 3-5 year horizon, especially during market volatility.
Your in-hand salary may not change under the new labour code yet, know why
Salaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI coverage are changing, the full impact on in-hand salary, particularly PF contributions, is pending. Employers are strategizing transitions, with changes often linked to annual reviews rather than immediate pay slips.
Goldman Sachs private credit funds share of bad loans rises
Investments typically reserved for a funds troubled holdings now make up 4.7% of Goldman Sachs BDC Inc.s portfolio at cost, according to a filing on Thursday
Best large & mid cap funds to invest in May 2026
Large and mid-cap mutual funds offer a mix of large and mid-cap stocks. These funds suit aggressive investors with a long-term view. Fund managers adjust allocations based on market outlook. Investors can choose funds tilted towards large caps for safety or mid caps for growth. Performance updates for recommended schemes are provided.
Indian banking credit growth to moderate to 12-13% in FY27E: Report
While deposit growth is projected to stabilize and improve marginally to match credit growth at 12-13% by FY27E, the traditional reliance on low-cost savings is under significant pressure
12 key income tax form changes every taxpayer should know: From Form 16 to Form 168
A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new forms for various reporting needs. Key changes include updated PAN application forms and new TDS certificates. This marks a significant shift in tax compliance procedures for individuals and businesses.
What if your child turns 18 with 1 crore already waiting for them? A 4-step plan that lets you do it
Earn Rs 75 lakh, pay tax on Rs 37.5 lakh: the legal shortcut doctors and lawyers are using
Arun received Rs 20,000 compensation for a new bike with multiple defects. The vehicle developed issues with its meter, engine overheating, and fuel tank within two years of purchase. Despite multiple services, the problems persisted. The Thrissur district consumer commission ruled in Arun's favor, ordering the dealer to pay compensation and costs for the deficiency in service.
SBI to consider $2 billion foreign currency bond issue on May 12
According to a regulatory filing, the bank is considering fundraising through Reg-S/144A instruments in single or multiple tranches via public offer or private placement
Bulk depositors cash in on banks need to raise resources to meet credit demand
Credit growth (year-on-year) of all scheduled banks at 14.88% as on April 15 was 276 basis points, higher than the deposit growth of 14.88%, per RBIs latest data
Muthoot Microfin eyes 30K cr AUM by 2030
Muthoot Microfin Ltd (MML) expects to grow its assets under management (AUM) to 30,000 crore by 2030 by increasing wallet share in existing matured customer base and acquiring new customers from open market
SBI expected to post a modest growth in Q4 profit
Broking firms see flat net interest margin
Prudent Corporate Advisory Services logs 14% rise in profit in Q4
Revenue up 27% to 361 crore; equity AUM grows 16% y-o-y despite Nifty correction; dividend of 3.50 per share declared
InMobi acquires MobileAction to deepen capabilities in Apples advertising ecosystem
The acquisition gives InMobi Advertising access to MobileActions data infrastructure
Manappuram Finance makes four senior leadership appointments
Move to enhance business, taxation, finance and technology functions
