30 C 
RBL Bank gets regulatory, govt approvals for investment by Emirates NBD
Emirates NBD will subscribe to up to 959,045,636 fully paid equity shares of RBL Bank at 280 per share through a preferential issue, representing approximately 60 per cent of RBL Banks post-issue paid-up share capital.
SBI cuts bulk term deposits rates in four tenors by 25 bps
Experts said the move can help in improving the net interest margin without affecting the flow
The Latest Home Loan Interest Rates: May 15, 2026
The Latest Home Loan Interest Rates: May 15, 2026
The Latest Fixed Deposit Interest Rates: May 15, 2026
The Latest Fixed Deposit Interest Rates: May 15, 2026
Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana and Utkarsh lead with 8% interest, while private banks such as Bandhan and YES Bank offer up to 7.75%. Public sector banks, including Bank of India and Standard Chartered, provide 7%.
US CLARITY Act may shape Indias future crypto regulations: Industry players
Executives from WazirX, Coinbase and BitDelta India said the bill could reduce regulatory uncertainty, boost institutional participation and accelerate global crypto adoption
An ideal allocation between gold and silver should depend on an individuals risk appetite, financial goals and investment goals, Guha underlines. Gold can be part of the core investment portfolio. Silver can be allocated for a diversified profile and a tactical allocation to benefit from industrial demands and short-term higher returns.
ICICI Prudential Mutual Fund: RIL, Infosys, HDFC Bank among top 10 stock holdings in April
ICICI Prudential Mutual Fund, Indias second-largest fund house with Rs 11.72 lakh crore AUM, reshuffled holdings across banks, autos, energy, and IT, with HDFC Bank and ICICI Bank topping exposure, while RIL, Infosys, Bharti Airtel, Sun Pharma, NTPC, and Maruti Suzuki saw selective buying and selling changes.
Bengaluru property owners can now convert their B-Khata to A-Khata through government-organized camps starting May 16th. Under the 'Bhoo Guarantee' scheme, this conversion requires paying only 2% of the guidance value, a significant reduction from the previous 5%. This initiative aims to formalize property records, enhance transparency, and provide legal security to lakhs of families.
Indias invisible workforce gets a new safety net: Key labour reforms for migrant employees decoded
India's inter-state migrant workers gain significant protections under new labour code rules notified on May 8, 2026. The Occupational Safety, Health and Working Conditions Rules, 2026, bring millions of self-driven migrant workers into legal recognition. Key reforms include mandatory appointment letters, a digital database, portable ration cards, and tracked journey and displacement allowances.
RBI raises dealer targets, lifts bond trading activity
Each of the 21 primary dealers must trade at least 4 lakh crore ($41.8 billion) of bonds in the financial year starting April, up 48% from last years target, say people familiar with matter
Gold prices saw a dip on Friday, May 15, 2026. Rates fell across leading jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas. The India Bullion and Jewellers Association also reported lower gold and silver prices compared to the previous day. This decline follows a sharp rise in gold rates earlier in the week.
TN DA hike: Check how much Tamil Nadu government employees monthly salary may increase now
Tamil Nadu government employees and teachers will see their dearness allowance (DA) increase from 58% to 60% of basic pay, effective January 1, 2026. This 2% hike, also extended to pensioners and family pensioners, will result in an additional annual expenditure of approximately Rs 1,230 crore for the state.
Capitalmind Flexi Cap Fund exited Reliance Industries, Bank of Baroda, and L&T Finance in April. The fund also increased stakes in Titan Company, MCX, and 16 other stocks, including NTPC and ONGC. It added MTAR Technologies, Tata Steel, and Kirloskar Oil Engines as new holdings, expanding its portfolio to 42 stocks.
New labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and annual leave encashment are already applicable. Companies must comply with these changes even without state government notifications. This update impacts salary calculations and statutory dues for employees nationwide.
Choosing a health insurance policy involves more than just premium cost. This comparison of leading Indian insurers highlights key features like room rent limits, restoration benefits, and claim settlement ratios. Understanding these details is crucial for policyholders to manage out-of-pocket expenses during medical emergencies.
Income tax return AY 26-27: The Income Tax Department has launched Excel utilities and online filing for ITR-1 and ITR-4 for the Assessment Year 2026-27. Taxpayers earning up to Rs 50 lakh, with specific income sources, can now prepare and file their returns.
World Bank chief economist Indermit Gill retiring in August, internal memo says
Gill played a transformational role in advancing transparency through data, Banga said, citing the economist's work to improve debt transparency, sustainability and restructuring for low- and middle-income countries
Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to 50 lakh from salary, one house property, and other simple sources. Avoid common errors like using Aadhaar enrolment IDs instead of verified Aadhaar numbers. Ensure accurate reporting of loans and bank accounts.
Flexi cap mutual funds attracted a record Rs 10,147 crore in April, despite moderating equity inflows and market volatility. Experts suggest this reflects investor trust in fund managers for flexible allocation across market caps, rather than caution. This category is also seen as a strong starting point for new investors.
Q4 Results Today, May 15, 2026 Live Updates: Follow our live updates
India Inc raises 33% less via ECBs in FY26 as bank credit turns attractive
The moderation in ECB reflects both favourable domestic interest rates following monetary policy easing and higher hedging costs making ECB loans costly
Muthoot Finance posts 105% rise in PAT at 3,086 crore in Q4
PAT for whole FY26 at 10,134 crore, against 5,201 crore in FY25, an increase of 95%
UP RERA new advisory: 6 key checks homebuyers should do before purchasing property
The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has issued a crucial advisory for homebuyers, detailing six essential checks before purchasing property. These include verifying land titles, sanctioned maps, inventory details, project bank accounts, quarterly progress reports, and builder complaint history to ensure transparency and prevent fraud.
The Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing critical illness or holding older annuity contracts with specific surrender clauses can now seek surrender.
RBI schedules underwriting auction for 32,000 crore government securities on May 15
RBI says underwriting auction to follow a multiple price-based method
Actor Ranbir Kapoor has purchased 2,134 sq. ft. of land in Ayodhya for Rs 3.31 crore. The plot is part of a 75-acre development by The House of Abhinandan Lodha, featuring luxury amenities and a vegetarian hotel by The Leela. Kapoor stated his belief that Ayodhya chose him, seeing the land as a legacy for his family.
Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxes' Central Action Plan for 2026-2027 outlines a roadmap for a more taxpayer-centric and technology-driven tax administration. This plan aims to streamline processes, enhance efficiency, and improve overall taxpayer services, leading to a more predictable and responsive tax governance framework.
Bank of Baroda, Indias second-biggest state bank, aims to double size in 5 years
Bank of Baroda CEO says larger balance sheets crucial as lenders look to compete globally
AlphaGrep Mutual Fund files draft papers with Sebi for its first multi-asset allocation fund
AlphaGrep Mutual Fund has filed draft documents with SEBI for its first scheme, the Multi Asset Allocation Fund. The open-ended fund will invest across equity, debt, commodities and derivatives, aiming to generate long-term capital appreciation through a diversified, rules-based portfolio.
Defence civilian employees are seeking equal pay scales, promotions, and benefits as Railway employees. They also want risk and hardship allowances matching those of uniformed personnel. The All India Defence Employees' Federation has presented these demands to the 8th Pay Commission. Other key issues include minimum pay, pension, and medical benefits.
Central government employees can now choose to include either their parents or parents-in-law as dependents for CGHS medical benefits. This one-time option, once exercised, cannot be reversed by male employees. The clarification applies to both CGHS and Central Services (Medical Attendance) Rules, 1944.
IRFC Q4 profit flat at 1,684 cr, total income up 9%
IRFCs total income rises to 7,329 crore in Q4 FY26
Mirae Asset Mutual Fund announces launch of hybrid long-short fund under Platinum SIF
Mirae Asset Mutual Fund has launched the Platinum Hybrid Long-Short Fund under its Platinum SIF platform. The interval investment strategy will invest across equity, debt and derivative instruments, aiming to deliver risk-adjusted returns through arbitrage, collar strategies and high-quality debt exposure across market cycles.
Gold prices saw a slight increase on May 14, 2026, with major brands like Tanishq and Malabar Gold & Diamonds reporting higher rates. Silver also climbed to a two-month high, driven by industrial demand. Analysts suggest gold remains range-bound, while silver targets further gains amid geopolitical and economic factors.
SEBI proposes changes to municipal bond framework
In a consultation paper, the regulator suggested permitting two or more municipalities to raise money collectively through a pooled finance vehicle or SPV.
Where are mutual funds placing their bets? A look at Aprils sectoral trends
Mutual funds increased exposure to capital goods, NBFCs, utilities and logistics in April, while trimming weights in technology, banks and healthcare. Private banks remained top holdings despite marginal moderation in allocations.
7 mutual funds make complete exit from 18 smallcap stocks in April. Check details
SEBI proposes easing derivatives compliance norms for exchanges, clearing corporations
Regulator seeks to simplify rules, remove duplication and cut compliance burden across exchange-traded derivatives segment
India considers reducing taxes on bond investments by foreigners
The Reserve Bank of India recommended the move, which is being seriously considered by the Finance Ministry
NPS gets new investment option: Pension body allows NPS funds to invest in these rupee bonds
The PFRDA has updated NPS investment guidelines, effective May 13, 2026, to include rupee-denominated bonds issued by the New Development Bank (NDB). This expands investment options for both government and private sector NPS funds, previously limited to bonds from IBRD, IFC, and ADB. Other conditions like credit rating and maturity remain unchanged.
The Latest Home Loan Interest Rates: May 08, 2026
The Latest Home Loan Interest Rates: May 08, 2026
Lighthouse Canton launches $130 million credit fund targeting structured investments
The fund has a six-year tenure and average deal maturity of three years and aims to deliver attractive risk-adjusted returns through structured credit investments in mid-to-large companies
Mutual funds raise cash holdings by Rs 12,700 crore despite market rebound in April
Mutual funds boosted cash holdings by over Rs 12,000 crore in April, reaching Rs 1.98 lakh crore. This occurred even as Indian stock markets like Nifty 50 and Sensex saw significant gains. Several fund houses increased their cash positions, while others reduced them. SBI Mutual Fund held the largest cash reserves.
Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased its stake in eight other companies, including Hero MotoCorp and Bharat Electronics. Conversely, exposure was reduced in HDFC Bank, Reliance Industries, and Ather Energy. Titan Company and Axis Bank were added as new investments.
India PE-VC investments fall 17% in 2025 as investors turn selective: Bain-IVCA report
Despite the moderation in investment value, deal volumes increased around 10 per cent to nearly 1,700 transactions, indicating sustained investor interest in India
The combination of SIP and SWP can help you get a Rs 1.05 lakh monthly income for 20 years. While planning for it, experts advise disciplined investing, realistic return expectations, diversification, and sustainable withdrawal rates. The also suggest avoiding common mistakes like stopping SIPs early or withdrawing excessively.
A Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Income Tax Appellate Tribunal ruled in his favour. The tribunal stated that the surrender of tenancy rights, the taxable event, had not occurred in the year under assessment.
The escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, accommodation, insurance, and currency fluctuations significantly increase expenses. Experts advise long-term investing through SIPs, considering education inflation and currency depreciation, to fund overseas studies effectively.
Pharma, NBFCs see fresh mutual fund buying in April
Indian fund managers focused on defensive stocks in April. Pharmaceuticals saw increased investment due to opportunities like the semaglutide patent expiry. NBFCs and asset management companies also received attention. PNB Housing Finance was added as funds shifted towards retail lending. This strategy reflects concerns over oil prices and West Asian geopolitical tensions.
HDFC Mutual Fund withdraws NFO of Gold-Silver FoF
HDFC Mutual Fund has withdrawn its proposed Gold-Silver Passive Fund of Fund NFO, citing concerns over rising precious metal imports and their impact on India's trade balance. This decision follows Prime Minister Modi's appeal to curb gold and silver purchases and a significant increase in import duties, aiming to conserve foreign exchange reserves amidst global economic uncertainty.
US Senate confirms Kevin Warsh as Federal Reserve chair amid inflation concerns
Warsh succeeds Jerome Powell and is expected to lead critical policy discussions as inflation remains above target and markets increasingly rule out near-term rate cuts
Shriram General Insurance Q4 net profit jumps 28% to 167 crore
Lower claim ratio major driver for profit jump, says MD & CEO
Banks credit offtake and deposit accretion picks up in 2nd fortnight of April
Credit growth of all scheduled banks jumped by 2,95,164 crore during the period
Defence Ministry pushes TReDS to accelerate payments to MSMEs
Defence Secretary RK Singh is monitoring developments for implementation of Trade Receivables Discounting System (TReDS) to improve sluggish procurement payment cycles and address working capital access to the MSMEs
Raise Financial Services acquires GreenLife Insurance Broking
Raise Financial Services says it plans to invest $15 million in GreenLife
Post Office Savings Account holders can now get personalized cheque books featuring their name and account details, enhancing security and convenience. This new facility, available from May 8, 2026, offers free delivery to registered addresses.
Sebi proposes to ease borrowing norms for mutual funds
The regulator is now considering allowing intraday borrowing for a wider set of uses, including meeting trade settlement obligations, forex transactions, derivative margin requirements, and other liquidity needs
GIC Re appointed manager of $1.4-b Bharat Maritime Insurance Pool
This sovereign-backed maritime insurance pool will safeguard Indian-flagged vessels, India-controlled ships and India-bound cargo navigating volatile maritime corridors
WazirX launches crypto futures citing demand wave in India
WazirX Futures will have a maker fee of 0.02% and a taker fee of 0.04%
Axis Mutual Fund has temporarily suspended subscriptions to three overseas fund-of-fund schemes, including Global Equity Alpha, Global Innovation and Greater China Equity schemes, effective May 13, 2026. All new lump sum, SIP and switch transactions after 3:00 PM will be rejected, while existing SIPs will be paused and refunded promptly.
What should you do with your gold investments as gold import duty increases to 15%?
Gold prices surged after the government raised gold import duty from 6% to 15%, impacting MCX, IBJA rates, ETFs, and jewellery retailer prices. Experts advise existing investors to hold gold as a hedge against inflation and global uncertainty, avoiding panic selling. New investors should opt for staggered buying instead of lump sum investments, say experts.
NFO Update: DSP Mutual Fund announces launch of DSP Nifty FMCG ETF
DSP Mutual Fund has launched a new exchange-traded fund, the DSP Nifty FMCG ETF. This fund will track the Nifty FMCG Index, offering investors exposure to leading consumer goods companies. The new fund offer is currently open for subscription until May 14. Investors can gain diversified access to the resilient FMCG sector through this passive investment option.
8th Pay Commission pension update: Employee body seeks 50% assured pension for NPS subscribers
Silver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver imports. Global geopolitical tensions and inflation worries also contributed to the price rise. Experts predict higher domestic prices and potential impact on consumer demand. The duty hike aims to reduce India's trade deficit and support the rupee.
RBI likely to pay record dividend to government this year
RBI is likely to decide about the dividend quantum in its board meeting expected to be held this month
NFO Alert: SBI Mutual Fund launches two target maturity debt index funds
SBI Mutual Fund has launched two target-maturity debt index funds focused on government securities and SDLs, with the NFO open between May 14 and May 19. The schemes aim to provide predictable fixed-income exposure through low-cost, rule-based investment strategies linked to sovereign and quasi-sovereign instruments across defined maturities.
HDFC Mutual Fund: Eternal, RIL and HDFC Bank among top 10 stock holdings in April
HDFC Mutual Funds April 2026 portfolio remained banking-heavy, led by ICICI Bank, HDFC Bank and Axis Bank, while increasing exposure to Reliance Industries, Bharti Airtel, Kotak Mahindra Bank and Eternal.
Mutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reductions were observed in Wipro, HDFC Bank, and Hindalco Industries across large, mid, and smallcap segments. This active portfolio management reflects ongoing strategic shifts by fund managers.
Gold prices surged on Wednesday, May 13, 2026, following a government increase in customs duty from 6% to 15% to curb imports. This duty hike is expected to further elevate domestic bullion prices, potentially impacting jewellery stocks and consumer demand, with significant price jumps observed across major brands.
Fake Income Tax email alert! SilverFox hackers target Indians with dangerous malware
New rules under the UK Renters Rights Act 2025 require landlords to give tenants an official Information Sheet. This document explains changes to tenancies. Landlords must provide this by May 31, 2026, or face fines. All tenancies will now be periodic, offering tenants more flexibility. Existing written agreements do not need immediate changes.
RBI Governor sees fuel price hike if crude oil stays high
His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves.
HDFC Defence Fund increase stake in HAL, Bharat Electronics & 6 other stocks in April
HDFC Defence Fund, the sector's sole actively managed offering, significantly boosted its holdings in Hindustan Aeronautics (HAL) and Bharat Electronics during April. The fund also increased its stake in six other companies, including Aequs, while reducing its exposure to Rishabh Instruments. Its portfolio remained stable with 22 stocks across various sectors.
Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says
Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems
Parag Parikh Flexi Cap Fund: ITC and Coal India among stocks bought and sold in April
Parag Parikh Flexi Cap Funds assets under management rose to Rs 1.40 lakh crore in April as the fund increased exposure to several large-cap stocks, reduced holdings in Coal India and Power Grid, and exited Balkrishna Industries completely. The fund maintained a sizeable cash allocation amid its long-term investment-focused strategy.
Retiring with a large EPF corpus? Heres how to allocate money across fixed income and mutual funds
Retirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on stable, tax-efficient income generation and long-term growth for surplus funds. Expert Shivam Pathak suggests a mix of government-backed schemes, G-Secs, and diversified mutual funds to meet these objectives.
RBI likely to maintain rate pause as FY27 CPI seen at 4.8-4.9%: Report
Elara Capital report flags upside risks from oil prices and rupee depreciation, with potential hike only if inflation hits 6 per cent durably
A French national ran a restaurant in Karnataka for 15 years on a tourist visa. The Karnataka High Court upheld a 'Leave India' notice issued by the FRRO. The court stated foreign nationals have no right to reside or conduct business in India on a tourist visa. The Frenchman must leave within seven days.
Gold and silver ETFs rally up to 15% after government raises import duty. What should investors do?
Gold and silver ETFs rallied on Wednesday after prices of the precious metals surged on the Multi Commodity Exchange of India, following goivernemt announced higher import duties. Most gold and silver ETFs logged broad gains, while experts urged investors to avoid timing the spike and instead use SIPs to navigate the volatility.
TVS Credit Q4 net profit up 13% at 256 crore
For the full year FY26, net profit after tax stood at 913 crore, a growth of 19% from FY25
Best focused mutual funds to invest in May 2026
Focused equity mutual funds invest in a maximum of 30 stocks. These schemes offer concentrated portfolios where fund managers make high-conviction bets. While successful stock picks can lead to significant gains, wrong calls can result in substantial losses. Investors with a higher risk appetite and a seven-year investment horizon may consider these funds.
Rs 65K minimum pay, 3.8 fitment factor for 8th Pay Commission: What Maharashtra pension body demands
Bond laddering: What it is, how it works, and who should use it in 8 takes
Named your nominee? They may not be the heir; here's who actually gets your money
