facebook
SENSEX
NIFTY
GOLD
USD/INR

Weather

image 35    C

Personal Finance

...

Karnataka Bank, Tobacco Board ink pact to help growers in Karnataka

The objective is to provide customised financial solutions to registered growers in the State

The Hindu Businessline 2 Jun 2026 9:24 pm

IOB secures IFSCA license for GIFT City branch

In December 2025, IOB received approval from the RBI to establish an International Financial Services Centre Banking Unit at GIFT City

The Hindu Businessline 2 Jun 2026 7:04 pm

smallcase launches mutual fund model portfolios, expands beyond stocks and ETFs

smallcase has launched mutual fund model portfolios, expanding beyond stocks and ETFs. The new offering provides professionally managed portfolios of direct mutual funds across asset classes, helping investors simplify fund selection, portfolio construction and monitoring while aligning investments with specific financial goals.

The Economic Times 2 Jun 2026 6:51 pm

Easing cycle in FY26: Proportion of bank loans bearing less than 9% interest rises sharply

Robust transmission of repo rate cuts to lending rates; household sector accounts for 58.6% of total bank credit

The Hindu Businessline 2 Jun 2026 6:34 pm

Kerala banking sector expands across key metrics, NR deposits surge

Total deposits increased by 12 per cent to 10.62 lakh crore, while total credit expanded by 13 per cent to 7.74 lakh crore

The Hindu Businessline 2 Jun 2026 5:05 pm

Should you buy OPD cover in health insurance? Over 40% of healthcare costs are paid out-of-pocket in India

OPD cover in health insurance addresses out-of-pocket expenses for doctor visits, diagnostics, and medicines without hospitalization. While beneficial for those with chronic conditions or frequent consultations, it may not be cost-effective for healthy individuals. Carefully review sub-limits and exclusions before purchasing.

The Economic Times 2 Jun 2026 4:09 pm

How long will a Rs 20,000 SIP and Rs 1 lakh lump sum take to become Rs 3 crore? Check calculations

A monthly SIP of Rs 20,000, coupled with a Rs 1 lakh lump sum investment and an assumed annual return of 12%, can help investors accumulate a corpus of about Rs 3 crore in roughly 23 years and 7 months, according to calculator estimates.

The Economic Times 2 Jun 2026 3:31 pm

ITR filing 2026: 5 benefits of filing income tax return besides paying taxes

Filing your Income Tax Return is more than just a tax duty. It acts as a vital financial record. It helps in getting loans approved. You can claim tax refunds if you paid extra. Your ITR proves your income, especially for freelancers. It allows carrying forward losses to reduce future taxes. Many countries require it for visa applications.

The Economic Times 2 Jun 2026 3:22 pm

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

The rupee has tumbled to record lows since the Iran war broke out at the end of February, as a resultant spike in crude prices delivered a severe blow to the country

The Hindu Businessline 2 Jun 2026 3:14 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 2, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold prices held steady on Tuesday, June 2, 2026, across major jewellers like Tanishq and Kalyan, despite a slight uptick in benchmark IBJA rates. 22k gold remained at Rs 14,365 per gram at Tanishq, while other brands also maintained their previous day's pricing.

The Economic Times 2 Jun 2026 3:12 pm

NFO Alert: HSBC Mutual Fund launches hybrid long-short fund under its SIF segment RedHex

HSBC Mutual Fund has launched the RedHex Hybrid Long-Short Fund, a Specialised Investment Fund strategy aimed at generating regular income and capital appreciation through a diversified mix of fixed income, equity arbitrage, REITs and InvITs. The fund targets risk-adjusted returns with lower volatility and offers weekly redemption opportunities.

The Economic Times 2 Jun 2026 2:42 pm

Have Rs 30 lakh to invest for 20 years? Here's how an expert suggests allocating the corpus

Investors receiving a large lump sum for long-term goals should avoid immediate equity deployment. Financial planners suggest parking funds in liquid instruments and using Systematic Transfer Plans (STPs) over 12 months to mitigate market timing risks. This staggered approach, combined with a diversified equity allocation, aims to optimize returns over a 20-year horizon.

The Economic Times 2 Jun 2026 2:17 pm

Corporate bond sales seen slowing as borrowing rates hit 7-year high

LSEG benchmark yields on AAA-rated corporate bonds with two- to five-year maturities rose above 8% last week, the highest since early 2019

The Hindu Businessline 2 Jun 2026 2:14 pm

EPFO member alert: Your nominee may lose provident fund, pension, other benefits if you make this little mistake

EPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This crucial step ensures family members can receive EPF, EPS, and EDLI benefits without delays. Failure to e-sign means the nomination won't be processed in case of the member's death.

The Economic Times 2 Jun 2026 12:51 pm

RBI may have sold gold to save foreign reserves, BE report shows

The Reserve Bank of India likely sold about $12 billion in gold reserves and bought $7.5 billion in foreign-currency assets over two weeks ending May 22, according to BEs senior economist Abhishek Gupta

The Hindu Businessline 2 Jun 2026 12:44 pm

How can I transfer or gift 800 grams of gold to my daughters?

ET Wealth Reader's Query: I am a 50-year-old widower. My wife passed away a few years ago. I currently have around 800 grams of gold that belonged to her and my late mother, combined. I have two daughters, aged 12 and 13. I would like to understand how I can transfer or gift this gold to my children. I do not have the purchase invoices for the gold.

The Economic Times 2 Jun 2026 12:23 pm

BharatPe launches BharatPe Flex, a Credit-on-UPI solution powered by YES BANK

The product has been designed to work within existing payment habits without requiring customers to adopt a separate payment ecosystem or behaviour

The Hindu Businessline 2 Jun 2026 11:54 am

Quant Mutual Fund bets on under-owned, under-researched, undervalued and neglected territory stocks for alpha generation

Quant Mutual Fund is strategically focusing on under-owned, under-researched, and neglected market segments for higher alpha generation. The fund house is underweight on manufacturing but has increased exposure to technology stocks, while maintaining a positive outlook on energy, infrastructure, and financial services.

The Economic Times 2 Jun 2026 11:43 am

Multicap vs flexicap mutual funds: Which is better placed amid market volatility?

Market volatility prompts a look at multicap and flexicap mutual funds. Experts weigh in on their suitability for uncertain times. Multicap funds offer disciplined allocation across market caps. Flexicap funds provide managers flexibility to adjust holdings. A balanced portfolio strategy across different equity categories is advised for investors to navigate market swings effectively.

The Economic Times 2 Jun 2026 11:03 am

Top 10 mutual funds to invest in June 2026

New investors often struggle to find suitable mutual funds, relying on short-term performance or personal recommendations. ETMutualFunds presents a curated list of top schemes across five equity categories to guide investors. The article emphasizes understanding fund categories, risk profiles, and investment objectives before investing.

The Economic Times 2 Jun 2026 9:45 am

LIC staff can be deployed for census work, rules Allahabad High Court

The court ruled that the competent authority acted within its powers in appointing LIC employees as enumerators and supervisors for census operations

The Hindu Businessline 2 Jun 2026 8:44 am

Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accounts

Indian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By filing Form 40 electronically before the income tax return deadline, taxation shifts from accrual to withdrawal basis. This option, once exercised, is generally irrevocable but becomes void if the individual becomes a Non-Resident.

The Economic Times 2 Jun 2026 7:11 am

Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT Chennai

A Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying a new one from her son-in-law. The ITAT Chennai ruled in her favor, upholding the validity of registered documents and bank transactions, and deleting additions made under Section 69A.

The Economic Times 2 Jun 2026 7:11 am

Weak market returns push more investors to pause SIP investments

Challenging equity market returns are prompting retail investors to reassess their stock market exposure. Industry data reveals a rise in systematic investment plan (SIP) discontinuations and a slowdown in new investor additions. This trend indicates investor disappointment with lower-than-expected returns. The situation highlights a shift in investor sentiment amid market conditions.

The Economic Times 2 Jun 2026 6:20 am

IRDAI slaps 1 crore penalty on Nissan Renault Financial Services

The regulator also directed the firm to place the order before the Board of the Corporate Agent in the upcoming Board Meeting

The Hindu Businessline 1 Jun 2026 9:34 pm

RBIs wallet curbs may force fintechs to redraw growth plans

The regulator has also proposed restricting minimum-KYC wallets to payments for goods and services, effectively barring their use for person-to-person transfers

The Hindu Businessline 1 Jun 2026 9:00 pm

Karnataka Bank conducts annual conference of concurrent and internal auditors

The conference served as an important platform for discussions on best practices in internal control and governance

The Hindu Businessline 1 Jun 2026 8:48 pm

UPI clocks record volume and value in May on summer spending boost

Average daily transaction volume stood at 748 million, while the average daily transaction value was 96,465 crore

The Hindu Businessline 1 Jun 2026 8:35 pm

West Asia Crisis: Banks sanction 35,000 cr loans under Emergency Credit Line Scheme to MSMEs

The scheme, approved by the Union Cabinet on May 5, aimed at providing additional credit flow of 2.55 lakh crore, including 5,000 crore for airlines hit by the ongoing geopolitical crisis

The Hindu Businessline 1 Jun 2026 7:22 pm

Government appoints Brajesh Kumar Singh as MD & CEO of Canara Bank

Singh, who is serving as Executive Director of Indian Bank, will succeed K Satyanarayana Raju superannuated in December 2025

The Hindu Businessline 1 Jun 2026 6:23 pm

Crypto exchange Binance rolls out trading in US stocks, ETFs

The Hindu Businessline 1 Jun 2026 5:23 pm

Will DA hike for central government employees be 3% in June 2026? Here's what latest consumer inflation data suggests

The April 2026 AICPI-IW data has raised expectations of a possible 3% dearness allowance (DA) hike for central government employees, though the final rate will depend on May and June inflation data. The 12-month average AICPI-IW from May 2025 to April 2026 stands at 147.51, translating to an estimated DA of 62.51%, which could be rounded to 63%. If approved, a 3% DA hike would increase the salary of a Level 5 employee by about Rs 876 per month.

The Economic Times 1 Jun 2026 3:31 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 1, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold prices saw a dip today, Monday, June 1, 2026. This movement occurred amidst geopolitical tensions stemming from US claims of attacks on Iranian military bases. US President Donald Trump indicated Iran's desire for a deal.

The Economic Times 1 Jun 2026 2:29 pm

Post Office MIS vs mutual funds: Which is better for income-seeking investors?

Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative investors. While safe, its returns may not beat inflation, and interest is taxable. Experts suggest a balanced approach, combining low-risk options like arbitrage funds for income with equity funds for long-term wealth creation.

The Economic Times 1 Jun 2026 1:36 pm

Mahindra and Manulife insurance JV gets approval from Corporate Affairs Ministry

The venture combines Mahindras strong presence in India with Manulifes global expertise to create a customer-focused, AI-driven digital life insurer

The Hindu Businessline 1 Jun 2026 1:33 pm

UIDAI's New Aadhaar App: How to set up your account and transfer from mAadhaar

UIDAI has launched a new Aadhaar App, replacing the older mAadhaar. This app offers enhanced security with face authentication and biometric lock. Users can manage their digital identity and share Aadhaar data securely. The app allows access to all Aadhaar details on smartphones. Updates like mobile number and address can be done through the app.

The Economic Times 1 Jun 2026 1:31 pm

UPI transactions hit record high of 29.9 lakh cr in May

The UPI transaction in volume terms was 22.35 billion recorded in April,

The Hindu Businessline 1 Jun 2026 12:53 pm

SBI Small Cap among 5 smallcap funds with highest cash holding. Check details

Several small-cap mutual funds maintained elevated cash positions in April, reflecting a cautious approach amid market conditions. Bandhan Small Cap Fund held the highest cash allocation at 13.2%, followed closely by Groww Small Cap Fund at 13%. SBI Small Cap Fund, HDFC Small Cap Fund and Quantum Small Cap Fund also maintained sizeable cash reserves, potentially providing flexibility for future investment opportunities.

The Economic Times 1 Jun 2026 12:39 pm

No need for repo rate hike, RBI can use short-term rate tools to manage rupee: SBI

The report also argued against a repo rate hike even as global uncertainties and elevated crude oil prices continue to create pressure on currencies and financial markets

The Hindu Businessline 1 Jun 2026 11:43 am

Coinbase offers trading using Indian rupee

Coinbase, which had discontinued its services in India in 2023, resumed crypto trading last year

The Hindu Businessline 1 Jun 2026 11:33 am

Top NPS equity funds offer up to 14% returns in 3 years. Heres the list

National Pension System (NPS) fund managers have delivered strong returns over the past three years, with several schemes generating double-digit gains. Tata Pension Management led the pack with a return of 13.56%, closely followed by ICICI Prudential Pension Fund at 13.39%.

The Economic Times 1 Jun 2026 11:21 am

Sovereign Gold Bond investor alert: Check June 2026 premature redemption calendar and schedule

Sovereign Gold Bond investors can now plan for premature redemption. Several SGB tranches issued between 2019 and 2021 become eligible for redemption in June 2026. Investors must submit requests within the specified windows through designated channels. Missing these deadlines may lead to rejection. This information is crucial for timely action.

The Economic Times 1 Jun 2026 11:12 am

Q4 Results Outcome Live: IndiGo, NMDC, IREDA, Gujarat Gas, Patanjali Foods, Linde India, Glenmark Pharma, BEML, Natco Pharma, Titagarh Rail Systems in focus post Q4 show

Q4 Results Highlights Today Live Updates: Stay tuned to businessline for the latest live updates on Q4 earnings.

The Hindu Businessline 1 Jun 2026 11:08 am

International funds top return charts, but overseas investment limits persist. Should you continue SIPs or explore alternatives?

International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due to overseas investment limits imposed by the RBI. Experts advise continuing existing SIPs but caution against new investments. Investors are exploring alternative routes like LRS and GIFT City for global diversification as fund houses restrict inflows.

The Economic Times 1 Jun 2026 11:04 am

Best mutual fund SIP portfolios to invest in June 2026

ETMutualFunds offers curated mutual fund portfolios for conservative, moderate, and aggressive investors. These recommendations are designed for SIP investments and cater to various investment amounts. The portfolios are updated regularly based on a robust in-house methodology. Investors can now easily select schemes to meet their long-term financial objectives.

The Economic Times 1 Jun 2026 9:55 am

Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claim

Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exemption, private sector employees have a limit of Rs 25 lakh, subject to specific calculations based on earned leave and salary. This income is reported under 'Income from Salary' in the ITR.

The Economic Times 1 Jun 2026 7:13 am

Homeowner having possession must pay maintenance charges even if builder did not give OC, independent water connection and sewerage facilities, rules HP RERA

Homeowners in possession must pay maintenance charges even without an Occupation Certificate or independent water and sewerage facilities. The Himachal Pradesh RERA ruled that if owners are availing basic services they cannot deny payment obligations. However, the builder must ensure charges are reasonable and transparent, and was thus ordered by authority to obtain OC/CC within three months.

The Economic Times 1 Jun 2026 7:11 am

Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27

Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing returns. As AY 2026-27 return filing gathers pace, pensioners must understand the correct tax treatment, deductions, TDS provisions and compliance reliefs available to avoid errors and unnecessary notices.

The Economic Times 1 Jun 2026 7:11 am

Loan recovery harassment? Know your legal rights

Borrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised visits, despite RBI rules prohibiting such practices. Experts say many borrowers are unaware of their rights and grievance mechanisms. RBI guidelines allow complaints against harassment and provide borrower protections, while debt restructuring and one-time settlements can help resolve repayment difficulties and reduce financial stress.

The Economic Times 1 Jun 2026 6:30 am

Mutual Fund PMS: More costs, less returns?

If youre considering mutual fund portfolio management services (MF-PMS), ask three questions. First, can the manager show post-fee returns for his strategy versus a simple direct fund portfolio over the last 10 years? Second, how often does he rebalance, and whats the post-tax cost? Third, does he have skin in the game on the downside, or is his profit share a one-way bet?

The Economic Times 1 Jun 2026 6:30 am

Weak rupee sparks scrutiny of Indian companies

The rupees sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings calls. Investors are increasingly questioning companies about hedging and forex risk management. While exporters benefit from higher overseas revenue, importers face rising costs. Companies across sectors are strengthening hedging strategies as speculation grows that the rupee could weaken further.

The Economic Times 1 Jun 2026 6:30 am

Decode market trends with 5 technical analysis tools

Technical analysis helps investors understand market trends and sentiment through price charts, complementing fundamental analysis, which identifies quality businesses. Key tools include charts, trend analysis, support and resistance levels, moving averages, and trading volumes. While technical indicators can improve entry and exit timing, they work on probabilities, not certainty. Experts advise retail investors to prioritise fundamentals and use technical analysis only as a supporting tool.

The Economic Times 1 Jun 2026 6:30 am

NPS RIS explained: Pros, risks and suitability

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retirees to receive systematic payouts from the 80% withdrawable corpus until age 85 while keeping funds invested. RIS aims to improve income stability, corpus longevity, and inflation-beating returns. However, payouts remain market-linked, tax treatment remains unclear, and the scheme may be complex for some retirees.

The Economic Times 1 Jun 2026 6:30 am

Credit card perks shrink: Maximise what you have

Many banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategies. Experts advise optimising existing cards rather than cancelling them, diversifying across 23 cards, and using rewards strategically. Linking RuPay credit cards to UPI can boost benefits on everyday transactions. Ultimately, maximising value depends on understanding card features and aligning spending with reward structures.

The Economic Times 1 Jun 2026 6:30 am

A SIP portfolio no one is watching? Few simple fixes

At least once a year, pull a consolidated account statement to see everything in one go: check for overlap across schemes; flag any fund trailing its benchmark and peers for three years or more; confirm nominations are in place; and ensure at least one other person in your household knows where all your investments are.

The Economic Times 1 Jun 2026 6:30 am

Alpha to Quality: NSE Factor indices' annual returns

Welcome to TrendMap, your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various factor-based investment strategies. The annual returns are ranked for 6 key NSE Factor indices, with a broad-based index, Nifty 500, thrown in for comparison. This map shows that no single-factor strategy consistently outperforms, making a strong case for diversification. By Sameer Bhardwaj.

The Economic Times 1 Jun 2026 6:30 am

10 types of cyber hackers: Red, Blue, Hacktivists

Extremely skilled at handling computer software and hardware, hackers are categorised into various types depending on their intent and purpose, and are mostly denoted by different coloured hats. In the 105th part of this series, Riju Mehta lists the various categories of hackers.

The Economic Times 1 Jun 2026 6:30 am

RBIs rate setting panel may keep repo rate on hold

Risks to inflation and growth stem from spike in global fuel and commodity prices, supply chain disruptions, financial markets volatility, weather-related disruptions and a depreciating Rupee

The Hindu Businessline 31 May 2026 9:16 pm

SBI Research calls for stronger RBI intervention as rupee slide outpaces fundamentals

Depreciation excessive and not aligned with Indias strong fundamentals, says report

The Hindu Businessline 31 May 2026 5:02 pm

Central Bank to enter wealth management, credit card biz in H2 FY27

Bank to target its own corporate customers who are availing these facilities from other banks.

The Hindu Businessline 31 May 2026 4:02 pm

Digital payments have significant room for expansion; no slowdown in transaction growth: Paytm CEO

According to Sharma, AI can help businesses improve customer engagement, discover new ways of reaching consumers and enhance operational efficiency, making companies more scalable and competitive

The Hindu Businessline 31 May 2026 11:12 am

These 7 equity mutual funds lost up to 7% in May. Part of your portfolio?

Equity mutual funds witnessed a weak May, with the worst-performing schemes losing up to 7%. International and sectoral funds dominated the laggards' list, led by HSBC Brazil Fund. Several consumption, FMCG, energy and PSU-focused schemes also posted negative returns, reflecting pockets of weakness across specific market segments.

The Economic Times 31 May 2026 10:27 am

Kotak Mahindra Bank to acquire 10,639 crore loan portfolio from subsidiary KMIL

The transaction, expected to be completed in the second quarter of FY27, follows the banks decision to conduct KMILs business activities directly within the bank from April 1, 2026

The Hindu Businessline 30 May 2026 9:31 pm

Big travel deals on this credit card - Rs 8000 discount on Air India flights, up to 20% off on hotel bookings & more

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discounts, exclusive deals, and convenient EMI options that help travellers save more while enjoying seamless journeys. For example, BOBCARD users can get up to RS 8000 instant discount on domestic and international flights; claim up to 15% instant discount on flight and hotel bookings on MakeMyTrip.

The Economic Times 30 May 2026 5:09 pm

8th Pay Commission latest news: 8th CPC to visit Kolkata in July 2026; memorandum submission deadline extended

The 8th Pay Commission is set to hold crucial meetings in Kolkata from July 9-10, 2026, extending the memorandum submission deadline to June 15. This body, tasked with reviewing salaries and pensions for central government employees, will also visit Srinagar and Ladakh in June. Its recommendations, due in 18 months, will consider economic factors and fiscal discipline.

The Economic Times 30 May 2026 4:17 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (May 30, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold prices continued their downward trend on Saturday, May 30, 2026, with major Indian retailers reporting lower rates. This decline is attributed to softer global bullion prices and reduced safe-haven demand, leading to a modest correction in domestic gold rates across various karats.

The Economic Times 30 May 2026 1:35 pm

These 5 midcap mutual funds deliver over 20% return in 3 years. Do you own any?

Five midcap mutual funds delivered strong long-term performance, generating over 20% annualised returns in the last three years, led by HSBC Midcap Fund, ICICI Prudential Midcap Fund and WhiteOak Capital Mid Cap Fund.

The Economic Times 30 May 2026 1:27 pm

Mahindra Manulife Mutual Fund announces launch of its SIF platform MPOWER

Mahindra Manulife Mutual Fund introduces MPOWER SIF, a new investment product. This fund aims to provide investors with unique strategies beyond traditional mutual funds. It will utilize derivatives and other tools for varied risk-return outcomes. The fund house plans to offer diverse strategies across equity, hybrid, and fixed income categories.

The Economic Times 30 May 2026 1:03 pm

11 equity mutual funds offer over 10% in May. Have you invested in any for your portfolio?

Around 11 equity mutual funds delivered over 10% returns in May, led by international and technology-focused funds such as Mirae Asset AI ETF FoF, Nippon India Taiwan Equity Fund and Edelweiss US Tech Fund.

The Economic Times 30 May 2026 12:41 pm

Nearing retirement and invested mostly in FDs? Expert shares diversification roadmap

As retirement nears, investors question diversifying beyond fixed deposits into equities. Experts advise it's never too late to adjust strategies, emphasizing diversification balances capital preservation with inflation-beating growth potential. An ideal asset allocation depends on individual goals and risk tolerance.

The Economic Times 30 May 2026 12:33 pm

SSY calculator: Can you build Rs 50 lakh corpus in Sukanya Samriddhi Yojana by investing Rs 50,000/year?

Sukanya Samriddhi Yojana (SSY) offers a compelling investment avenue for girl children, currently providing an 8.2% annual interest rate. Parents can build significant corpus for their daughter's future by consistently investing up to Rs 1.5 lakh annually, with maturity proceeds and interest being tax-free under EEE status.

The Economic Times 30 May 2026 10:52 am

OpenAI has discussed adding Citigroup, JPMorgan to bank lineup for IPO

Citigroup and JPMorgan could join Goldman Sachs Group Inc. and Morgan Stanley on the preparations for the listing

The Hindu Businessline 30 May 2026 10:31 am

IMF, World Bank, others warn West Asia war is straining energy supplies

The US-Israel war on Iran has disrupted trade, rattled financial markets and raised concerns over global energy supplies, particularly through the Strait of Hormuz, a key route for oil and gas shipments

The Hindu Businessline 30 May 2026 10:31 am

Smallcap valuations turn favourable as correction creates fresh opportunities: Bajaj Finserv AMC

Smallcap stocks present a favorable entry point following a market correction, driven by improving fundamentals, healthier balance sheets, and corrected valuations. A disciplined approach focusing on strong businesses with long-term potential is advised, as smallcaps have historically outperformed during recovery phases.

The Economic Times 30 May 2026 10:31 am

Non-food bank credit growth jumps to 15.8% in April 2026; services, industry lead expansion: RBI

Credit to agriculture and allied activities registered a year-on-year growth of 13.7% as on the fortnight ended April 30, 2026, against 9.2% in the corresponding fortnight last year, the RBI said

The Hindu Businessline 30 May 2026 10:01 am

227% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.27 lakh

The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond (SGB) 2021-22 Series-II, fixed at Rs 15,672 per unit. Investors can redeem these bonds from June 1, 2026, after five years from the issue date. This premature redemption price offers a significant return of 227% on the initial investment.

The Economic Times 30 May 2026 8:50 am