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Trumps Fed shortlist narrows to two Kevins: WSJ

Trump expressed that the next Fed chair should consult him on interest-rate decisions, arguing that past presidents were routinely involved in such discussions

The Hindu Businessline 13 Dec 2025 4:19 am

Quote of the day by Larry Fink: If they are keeping their money in the bank....to retire with dignity

Laurence Fink, CEO of BlackRock, highlights a critical concern for retirement planning. He emphasizes that traditional savings like bank deposits and fixed deposits often fail to outpace inflation. This erodes purchasing power, jeopardizing a dignified retirement. Fink urges individuals to invest in market-linked options for long-term growth. He believes thoughtful investing is essential for financial security and a comfortable future.

The Economic Times 13 Dec 2025 3:01 am

SBI cuts deposit and lending rates after RBI repo rate reduction

The bank has reduced the interest rate on its 23-year term deposits by 5 basis points to 6.40 per cent, while its special 444-day Amrit Vrishti deposit scheme now carries 6.45 per cent, down 15 bps.

The Hindu Businessline 12 Dec 2025 11:12 pm

IOB to cut lending rates effective December 15

The banks External Benchmark Lending Rate - specifically the Repo linked lending rate - has been cut by 25 basis points from 8.35% to 8.10%

The Hindu Businessline 12 Dec 2025 10:16 pm

RBIs Sankar rules out role of stablecoins in Indias financial system

Instead of stablecoins, Sankar advocated for Central Bank Digital Currencies as the superior alternative.

The Hindu Businessline 12 Dec 2025 8:27 pm

Gap between credit and deposit growth widens amid repo rate cuts

Low deposit returns push customers toward equities, bonds and MFs

The Hindu Businessline 12 Dec 2025 7:29 pm

PNB Housing Finance names Ajai Kumar Shukla as MD, CEO; shares rise

Shukla, who has more than three decades of experience in housing and mortgage lending, will replace Girish Kousgi

The Hindu Businessline 12 Dec 2025 5:35 pm

Is PM Kisan annual payout rising from Rs 6,000 to Rs 12,000? Here's what minister says in Parliament

A parliamentary committee's proposal to double the PM Kisan annual payout to Rs 12,000 is still to be accepted by the government. The minister says that farmer ID registration is now mandatory for new PM Kisan beneficiaries in 14 states where registry work has commenced.

The Economic Times 12 Dec 2025 5:21 pm

BSE and Department of Posts sign MoU to expand mutual fund access across India

BSE and India Post have signed an MoU to distribute mutual funds through 1.64 lakh post offices, leveraging BSE StAR MFs digital platform to boost financial inclusion, last-mile access, and nationwide investor participation.

The Economic Times 12 Dec 2025 5:16 pm

Lok Adalat on December 13, 2025: Which cases are allowed and how to file your application

The National Legal Services Authority (NALSA) is organizing the 4th National Lok Adalat on December 13, 2025, across India to facilitate swift and cost-effective dispute resolution. This initiative aims to reduce court backlogs by offering a platform for amicable settlements on various civil and compoundable criminal matters. Citizens can register online through their respective state NALSA websites.

The Economic Times 12 Dec 2025 5:10 pm

Cabinet approves Bill to hike FDI in insurance sector to 100%

The bill may be introduced in the ongoing Winter session of Parliament, which is slated to conclude on December 19

The Hindu Businessline 12 Dec 2025 4:03 pm

Canara Robeco Infrastructure Fund turns Rs 10,000 SIP to Rs 1.36 crore in 20 years, deliver over 15% XIRR

A growing number of mutual fund schemes are piling into the same stocks, signalling strong institutional conviction and boosting retail confidence. As of November 2025, 245 stocks were held by over 100 schemes, with 101 delivering double-digit returns this year and 14 surging more than 50%, including one multibagger. The trend highlights the resilience and momentum of widely owned fund-backed stocks.

The Economic Times 12 Dec 2025 3:26 pm

Major banks pause digital onboarding as mule account scams surge: Report

Several major banks are reverting to physical verification for new account openings, halting end-to-end digital onboarding. This move aims to combat identity theft and the proliferation of mule accounts, a significant concern for lenders. While some banks are reintroducing branch visits, HDFC Bank continues to invest in enhancing its digital security.

The Economic Times 12 Dec 2025 3:14 pm

BSES Yamuna cannot deny electricity connection to unauthorised homes until MCD acts: Delhi HC

The Delhi High Court has made a pivotal decision, stating that BSES Yamuna Power is prohibited from terminating electricity connections to unauthorized properties. This ruling ensures that power will be supplied consistently until the Municipal Corporation of Delhi (MCD) undertakes specified actions regarding these properties.

The Economic Times 12 Dec 2025 2:57 pm

Wife sought Rs 50,000 interim maintenance; high court awards only Rs 2,500; heres why

In a family court battle, a wife sought a generous Rs 50,000 per month for her maintenance. However, the court granted her a mere Rs 2,500. The husband appealed this decision, but the Allahabad High Court stood firm, emphasizing that a capable husband has a legal and moral obligation to support his wife.

The Economic Times 12 Dec 2025 2:42 pm

Smart Money Tip of the Week: How the 50-30-20 rule helps you take charge of your money

It is essential to strike a good balance between our current needs and future requirements. The amount of money required for future life goals like retirement is so much that it cannot be accumulated during a short period of time and needs dedicated long-term planning. The 50-30-20 thumb rule can be used to guide you on how much to save and spend in a month.

The Economic Times 12 Dec 2025 2:40 pm

Equity mutual funds log 57th straight month of inflows; AUM rises 1.4% to Rs 35.66 lakh crore in November : AMFI

In November 2025, Indian mutual funds witnessed an impressive surge in inflows, marking a milestone as equity funds enjoyed their 57th month of uninterrupted net gains. The rise of hybrid funds was notable, fueled by strategic multi-asset allocations and arbitrage opportunities. Moreover, passive investment options, including gold and silver ETFs, showed remarkable growth.

The Economic Times 12 Dec 2025 2:26 pm

Andhra Pradesh government holiday list 2026 out: Full list of general, optional holidays applicable for state govt employees, offices

The Andhra Pradesh government has announced its general and optional holiday list for 2026. State government offices will observe closures on all Sundays and second Saturdays. Employees can select up to five optional holidays from the provided list, with certain festival dates subject to change based on lunar sightings.

The Economic Times 12 Dec 2025 2:13 pm

Mutual funds reduce cash allocation by over Rs 7,000 crore to Rs 2.01 lakh crore in November amid Niftys record-breaking rally

Mutual funds sharply reduced cash holdings by over Rs 7,000 crore in November as Nifty scaled record highs, deploying more into equities. Cash levels fell to Rs 2.01 lakh crore, or 4.68% of AUM, with equity AUM rising significantly. A few fund houses, led by PPFAS, still maintain high cash buffers.

The Economic Times 12 Dec 2025 1:38 pm

How can I save LTCG tax on my inherited houses and old equity shares?

ET Wealth Reader's Query: I own two residential properties in India. One was partly inherited and partly gifted to me two years ago. The second property, purchased around 15 years ago, is jointly owned by me. I seek your advice on how to avail exemption from LTCG tax under these conditions.

The Economic Times 12 Dec 2025 12:27 pm

Big win for depositors: Bank cannot lower FD rate once booked, rules Allahabad High Court

Banks cannot unilaterally cut fixed deposit interest rates after they are booked. The Allahabad High Court ruled this in favor of FD holders. The court stated that FD investors rely on promised rates. This judgment protects depositors from retrospective rate reductions. The bank must pay interest at the originally contracted rates.

The Economic Times 12 Dec 2025 12:18 pm

Flat ready but keys not handed over: Karnataka RERA rules landowner are promoters too, orders Rs 6 lakh payout to homebuyers for delayed possession

Karnataka RERA has ruled that landowners are also considered promoters under the RERA Act. This decision came after homebuyers filed a case for delayed possession. The authority ordered the landowner to pay Rs 6 lakh as interest compensation. The delay occurred because the landowner was involved in a pending partition case, preventing the sale agreement from being signed.

The Economic Times 12 Dec 2025 11:06 am

Sectoral & thematic mutual funds see 37% jump in monthly inflows. Should investors be cautious or confident?

Sectoral and thematic mutual funds experienced a significant 37% surge in monthly inflows during November. This rise is attributed to investors chasing recent strong performance and new fund launches. Experts suggest this trend is more tactical and driven by FOMO rather than a permanent shift.

The Economic Times 12 Dec 2025 10:52 am

Mutual fund SIP stoppage ratio increases to 76% in November as monthly contributions fall marginally

In November, mutual fund SIP inflows experienced a slight decline, accompanied by a small uptick in SIP stoppages. Nonetheless, the enduring strength of SIP contributions reflects an increasingly savvy investor base dedicated to building long-term wealth.

The Economic Times 12 Dec 2025 10:48 am

Best value funds to invest in December 2025

When you are following value investing principles, there may be periods when your stocks would underperform in the market. All you need to do at that time is just to stick to your strategy and wait patiently. However, the last few years taught investors that it is not easy to follow. Many investors lost patience and they sold their investments.

The Economic Times 12 Dec 2025 9:32 am

November inflows into equity MFs up 21.2% from October

Equity mutual funds experienced a strong rebound in November, attracting higher net inflows. This surge was attributed to robust equity market performance. Meanwhile, debt-oriented schemes saw significant outflows, indicating a shift in investor strategy. Investors are rebalancing portfolios, moving towards higher-yielding segments. Gold ETFs also continued their positive trend with consistent inflows.

The Economic Times 12 Dec 2025 5:44 am

US Fed rate cut, bond buy could draw FPIs to India, support rupee

The rupee on Thursday closed at a record low of 90.4825 per US dollar

The Hindu Businessline 11 Dec 2025 9:24 pm

RBI eases transaction account norms for banks

Banks can now offer cash credit account to customers basis their needs without any restrictions. Further, a bank may maintain current account or OD account without any restriction in case of customers with less than 10 crore exposure to banks.

The Hindu Businessline 11 Dec 2025 8:35 pm

Rupee sinks to a new low of 90.48/dollar

Stronger dollar and persistent foreign outflows kept pressure on the domestic currency

The Hindu Businessline 11 Dec 2025 8:11 pm

OMO auction for G-Secs purchase fully subscribed; banks get 50,000 crore liquidity

The aforementioned OMO purchase auction is part of the liquidity injection measures announced by the RBI in its bi-monthly monetary policy review.

The Hindu Businessline 11 Dec 2025 7:20 pm

Filed ITR-1 or ITR-4 but now cant find schedule foreign assets information in revised form, heres what you should do

Many taxpayers face issues with missing foreign asset and income details in revised Income Tax Returns. If a taxpayer has any assets outside of India, such as immovable property, bank accounts, investments, or other assets, or earns income from foreign sources, careful attention must be paid during the Income Tax Return filing process.

The Economic Times 11 Dec 2025 6:38 pm

RBI buys 50,000 crore worth of bonds at first auction since May

The purchase is part of RBIs plan to inject one trillion rupees worth of liquidity via bond purchase and $5 billion equivalent via a foreign exchange swap this month

The Hindu Businessline 11 Dec 2025 3:44 pm

How to resolve money fights at home

The Economic Times 11 Dec 2025 3:23 pm

NPS can now invest in gold, silver ETFs: National Pension System to be more rewardee as it is now allowed to invest in these funds, Nifty 250 index

Pension funds managing NPS, UPS, and APY schemes can now invest in silver and gold ETFs, the Nifty 250 index, and Alternative Investment Funds (Category I and II). These updates, detailed in a master circular, also outline revised investment exposure limits across various asset classes, including government securities, corporate debt, and equity.

The Economic Times 11 Dec 2025 2:53 pm

Canara Robeco Mid Cap Fund reaches Rs 4,000 crore AUM in 3 years, offers CAGR of 21% since inception

Canara Robeco Mid Cap Fund achieved an AUM of Rs 3,996.69 crore in three years, delivering a CAGR of 20.75% since inception. Despite trailing its benchmark in inception returns, the fund has demonstrated its commitment to identifying high-potential mid-cap opportunities with a disciplined, research-driven approach.

The Economic Times 11 Dec 2025 2:47 pm

JPMorgan set to open first new India branch in nearly a decade

JPMorgan Chase is poised to open its fourth branch in India, receiving in-principle approval from the Reserve Bank of India for a new location in Pune. This expansion, the first in nearly a decade, will serve corporate clients with a comprehensive range of financial products.

The Economic Times 11 Dec 2025 2:16 pm

Why your take-home salary won't change much under new labour codes, clarifies labour ministry

New labour codes will not reduce take-home pay for employees whose Provident Fund deduction is on the statutory wage ceiling of Rs 15,000., the Labour Ministry said. The Ministry said that contributions beyond this limit are voluntary. An example shows take-home salary remaining Rs 56,400 for a Rs 60,000 monthly remuneration. Employees and employers can choose higher PF contributions.

The Economic Times 11 Dec 2025 2:13 pm

Smallcap mutual funds see jump of 27% in monthly inflows despite index correction of 3%

Smallcap and midcap mutual funds saw strong inflows in November despite market volatility. Smallcap funds recorded a 27% rise in inflows, while midcap funds saw an 18% increase. Experts attribute this to strong trailing returns, earnings momentum, and long-term compounding potential. Returns for the month were mixed, with smallcaps delivering negative average performance and midcaps posting slight gains.

The Economic Times 11 Dec 2025 2:03 pm

Homebuyer sold redevelopment rights, got flats and Rs 1.6 crore, claimed Section 54 tax exemption, got notice from tax dept: He fights and wins case in ITAT Mumbai

The Income Tax Appellate Tribunal in Mumbai has made a noteworthy ruling regarding property redevelopment, stating that any extra space bought is eligible for long-term capital gains tax exemption. This is particularly significant for individuals who are aiming to move into bigger homes through redevelopment.

The Economic Times 11 Dec 2025 12:59 pm

The perfect credit mix: What really boosts your CIBIL score

The Economic Times 11 Dec 2025 11:44 am

Gold bond rate reaches from Rs 2,902 to Rs 12,801: SGB series delivers 341% return on final redemption

Sovereign Gold Bond: The Reserve Bank of India has set the final redemption price for Sovereign Gold Bond 2017-18 Series-XI at Rs 12,801 per unit. This bond matures on December 11, 2025. The premature redemption price for SGB 2019-20 Series I is also Rs 12,801 per unit, with redemption due on the same date. Investors can expect significant returns.

The Economic Times 11 Dec 2025 11:34 am

Why are hybrid mutual funds termed as tax-efficient?

Hybrid mutual funds are considered tax-efficient because schemes with over 65% equityor a mix of equity and arbitrageare taxed like equity funds, allowing their debt portion to benefit from lower long-term capital gains tax.

The Economic Times 11 Dec 2025 11:29 am

AMFI Data: Mutual fund SIP inflows dip marginally to Rs 29,445 crore in November

Mutual fund SIP inflows in November dipped slightly to Rs 29,445 crore from Octobers Rs 29,529 crore, while SIP accounts stood at 9.42 crore. Equity, hybrid, and passive funds drove growth, with SIP AUM at Rs 16.53 lakh crore, contributing over one-fifth of the industrys total Rs 80.8 lakh crore AUM.

The Economic Times 11 Dec 2025 11:22 am

Karta repays more than advance taken, I-T sends tax notice, but ITAT Mumbai rules in favour of HUF

The Mumbai branch of the Income Tax Appellate Tribunal has issued an important ruling, stating that any surplus loan refunds received by a Hindu Undivided Family (HUF) from its Karta are classified as capital receipts and therefore free from income tax obligations. This decision clearly indicates that the classification holds firm, even if the funds are employed in trading activities.

The Economic Times 11 Dec 2025 11:02 am

AMFI Data: Equity mutual fund inflows jump 21% MoM to Rs 29,911 crore in November

Equity mutual fund inflows saw a significant 21% rise in November, reaching Rs 29,911 crore. This marks a strong monthly performance. However, compared to the previous year, inflows were down by 17%. Most fund categories attracted investments, with Flexi cap funds leading the pack. Investors showed renewed interest in these funds.

The Economic Times 11 Dec 2025 10:59 am

Why debt mutual funds and arbitrage funds deserve a place in your portfolio

Debt mutual funds and arbitrage funds offer liquidity, flexibility and smarter tax treatment than traditional options like FDs and PPF. With diversified portfolios, active management and low volatility, these schemes can enhance fixed-income allocation and help investors meet short-, medium- and long-term goals when used alongside conventional savings products.

The Economic Times 11 Dec 2025 10:43 am

HDFC Defence Fund boosts stake in Bharat Dynamics and 3 others, trims holdings in 2 stocks

HDFC Defence Fund, Indias only actively managed defence-focused fund, increased its holdings in Bharat Dynamics and three other stocks in November, while trimming stakes in two others. The fund added 1.5 lakh shares of Bharat Dynamics, raising its total to 27 lakh, and acquired around 10 lakh shares of Bharat Electronics during the same period, reflecting a selective portfolio adjustment.

The Economic Times 11 Dec 2025 9:59 am

Best focused mutual funds to invest in December 2025

According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors. If that investment strategy appeals to you, you can get to know more about focused equity schemes.

The Economic Times 11 Dec 2025 9:32 am

Divided Fed cuts rates, hints at a pause and just one cut next year as growth rebounds

With incomplete economic data after a lengthy government shutdown, the Fed expects inflation to ease to around 2.4% next year even as growth strengthens.

The Hindu Businessline 11 Dec 2025 6:23 am

SBI, BoB get RBI nod to set up fraud detection platform

Indian Digital Payment Intelligence Corporation will be established as a Section 8 company (a special type of non-profit organisation) under the Companies Act, 2013

The Hindu Businessline 10 Dec 2025 10:02 pm

Bank of Baroda recognised as Best Bank in India by The Banker

The Banker says BoB has improved customer experience by enhancing its phygital banking services

The Hindu Businessline 10 Dec 2025 9:48 pm

BoI raises 2,500 crore via Tier II bonds at 7.28%

The base issue size was 1,000 crore with a green shoe option of 1,500 crore

The Hindu Businessline 10 Dec 2025 8:05 pm

Jio Financial and Blackrock pump Rs 229 crore into their joint venture AMC business

Jio Financial and BlackRock infused Rs 229 crore each into their joint venture to accelerate the expansion of Jio BlackRock Asset Management. The capital will support scaling a low-cost, tech-driven mutual fund platform leveraging Reliances digital reach and BlackRocks global investment expertise.

The Economic Times 10 Dec 2025 7:31 pm

IndusInd Bank chief Mehta could exit bank next month, say sources

Mehta, former chairman at YES Bank and Punjab National Bank, steered IndusInd through its leadership crisis earlier which unfolded after the bank reported discrepancies in its derivatives portfolio which led to around Rs 2,000 crore impact on balance sheet.

The Hindu Businessline 10 Dec 2025 7:31 pm

ITR intimation: When do you receive it, what is the password, and how to respond

Once your ITR is processed, the Income Tax Department sends an intimation under Section 143(1) to inform you whether you owe additional tax or are eligible for a refund.

The Economic Times 10 Dec 2025 5:38 pm

8th Pay Commission from January 1, 2026? Here's a big update on salary and pension hike as the issue was raised in Parliament

Central government employees and pensioners await a clear decision on whether 8th Pay Commission arrears will be provided from January 1, 2026. While past practices suggest arrears from the previous commission's culmination date, the government has not confirmed this for the 8th CPC, leaving the implementation date uncertain.

The Economic Times 10 Dec 2025 5:06 pm

5 retirement planning blunders that could turn a comfortable retirement into a financial struggle

Most Indians either start retirement planning too late or don't plan at all, hoping an abstract retirement corpus will be enough. But once retirement arrives, that comfortable nest egg might fall short. Here are five critical mistakes that could leave you struggling in your golden years, and how to avoid them.

The Economic Times 10 Dec 2025 4:52 pm

Ageas Federal Life Insurance launches new brand identity

Ageas Federal, a joint venture between the Ageas Group and Federal Bank that began operations in 2008, operates through 3,770-plus branches including partner bank branches

The Hindu Businessline 10 Dec 2025 4:06 pm

Planning to invest in Parag Parikh Large Cap Fund? 6 key differences from PPFAS MFs flexi cap fund

PPFAS Mutual Fund, known for operating a single equity scheme for over 12 years, is set to launch a largecap fund in January 2026. Unlike the existing flexi cap scheme, the new fund will follow a rules-based approach, stay fully invested, and focus on Nifty 100 stocks while targeting smart execution.

The Economic Times 10 Dec 2025 3:41 pm

Bank of Baroda launches Masterstroke campaign with Sachin Tendulkar

The campaign promotes four retail banking products: home loans, car loans, MSME loans through bob Digi Udyam, and the bob Masterstroke Lite Savings Account

The Hindu Businessline 10 Dec 2025 3:06 pm

Advance tax calculator 2025-26: How much you must pay on salary and LTCG income

As we approach FY 2025-26, it's essential to get a grip on advance tax, particularly for those relying on salary income or long-term capital gains. If your estimated tax dues go over Rs 10,000, you must make advance payments. Good news for salaried professionals: if TDS applies to your situation, you may be off the hook.

The Economic Times 10 Dec 2025 3:02 pm

SMFG India Credits digital business hits 25% of total portfolio

The digital segment has grown at a 45% compound annual growth rate over the past two years, driven primarily by partnerships with fintech companies targeting small merchants, gig workers, and self-employed borrowers

The Hindu Businessline 10 Dec 2025 2:29 pm

60% gains from cryptocurrency investment in one Indian state as Rs 1,100 crore TDS collected in 3 years

India's Income Tax Department is collecting substantial revenue from cryptocurrency transactions. Over Rs 1,100 crore in tax has been gathered in the last three financial years. Maharashtra alone contributed 60% of this amount. The government has also taken action against crypto exchanges, uncovering over Rs 1,000 crore in undisclosed income related to virtual digital assets.

The Economic Times 10 Dec 2025 2:22 pm

Share of over-five-year holdings in industry AUM doubles in five years: Report

Over the past five years, the share of over-five-year investment holdings in India has more than doubled, reflecting growing investor trust. From 6% in March 2020, long-term holdings rose steadily to 16% by March 2024, while short-term and medium-term holdings gradually declined or stabilised.

The Economic Times 10 Dec 2025 2:20 pm

Mutual funds, land or REITs : Which option is likely to offer better returns and liquidity in 10 years?

Confused between real estate, mutual funds or REITs for a 10-year investment horizon? Heres what ETWealth suggests for individuals with a Rs 30 lakh corpus.

The Economic Times 10 Dec 2025 2:06 pm

How to use an income tax calculator for investments and financial planning

An income tax calculator simplifies financial planning. It estimates your tax liability, showing how deductions and investments impact your net taxable income. Understand tax benefits of term insurance and other savings. Compare old and new tax regimes to choose the best option. This tool helps plan monthly cash flow and allocate funds for long-term goals, building wealth and financial stability.

The Economic Times 10 Dec 2025 1:39 pm

NFO Alert: Axis Mutual Fund launches Axis Gold & Silver Passive FoF

Axis Mutual Fund has launched the Axis Gold & Silver Passive FoF, offering investors a simple way to gain balanced exposure to gold and silver through ETFs. The NFO is open until December 22, with a minimum investment of Rs 100. The fund aims to provide diversification and inflation-hedging benefits.

The Economic Times 10 Dec 2025 1:27 pm

Will my life insurance policy be affected if I change my nationality?

ET Wealth Reader's Query: Please clarify how, if at all, my LIC life insurance policy will be affected if I take a passport of some other nationality?

The Economic Times 10 Dec 2025 12:55 pm

Man gets tax notice of Rs 18 lakh for buying land at low price, ITAT Ahmedabad quashes it; here's why

The Ahmedabad branch of the Income Tax Appellate Tribunal has issued a pivotal judgment, reaffirming that agricultural land retains its status, even with the imposition of higher stamp duty. This ruling originated from a situation where a taxpayer faced additional income tax liabilities.

The Economic Times 10 Dec 2025 12:54 pm

2,000 crore returned so far under 'Your Money, Your Right' initiative

Indian banks are holding 78,000 crore of unclaimed money, while insurance companies have nearly 14,000 crore lying unclaimed

The Hindu Businessline 10 Dec 2025 12:06 pm

Employer deducted TDS but didnt deposit it: ITAT Kolkata saves employee from Rs 14 lakh tax demand

In a noteworthy decision, the Income Tax Appellate Tribunal in Kolkata has come to the aid of an employee who found themselves in a challenging situation. Despite the employer's failure to remit TDS deductions to the government, the Tribunal ruled that the employee should not bear the brunt of this oversight.

The Economic Times 10 Dec 2025 11:57 am

IndusInd Bank chairman to step down in January amid organisational overhaul

IndusInd Banks board has faced criticism from investors over shortfalls in oversight and delay in disclosing the accounting lapses in its derivative portfolio, which led to the hit to the banks accounts

The Hindu Businessline 10 Dec 2025 11:22 am

Edelweiss to tap small-town India in race to capture new wealth

When the company opens a new presence in a Tier 3 city, the outlet is able to break even in as early as 18 to 24 months, Edelweiss AMCs CEO Radhika Gupta said

The Hindu Businessline 10 Dec 2025 11:03 am

Take home salary may drop for new employees under new Labour Code 2025: What jobseekers must know

A new labour code effective November 21, 2025, requires wages to be at least 50% of an employee's CTC. This change may increase overall salary costs by 5-10%. Employers might restructure CTCs for new hires to manage higher gratuity and PF liabilities. Existing employees' CTCs cannot be unilaterally reduced. Companies with lower wage components will see the most impact.

The Economic Times 10 Dec 2025 10:58 am

Best flexi cap mutual funds to invest in December 2025

Flexi cap mutual funds provide investment flexibility across market caps and sectors. Fund managers can adapt strategies based on market outlook. These funds are recommended for moderate investors aiming for long-term wealth growth. Investors should align fund choices with their risk appetite.

The Economic Times 10 Dec 2025 9:46 am

USD vs INR: Is it the best time for NRIs to transfer money to India as Rupee falls below 90 per USD?

The Indian rupee has hit a historic low against the US dollar, crossing 90. This presents a significant opportunity for Non-Resident Indians (NRIs) to convert dollars to rupees, potentially gaining more value. While converting now offers an advantage, experts advise a staggered approach to manage risks and capitalize on future currency movements.

The Economic Times 10 Dec 2025 8:28 am

Why are hybrid funds gaining traction as equity markets hit new highs?

As equity markets reach new heights, hybrid mutual funds are gaining traction for their automatic asset allocation and tax efficiency. These funds invest across multiple asset classes like stocks, bonds, and gold, offering investors a convenient way to manage diversified portfolios. Hybrid funds with over 65% equity are taxed as equity, providing tax advantages on long-term capital gains.

The Economic Times 10 Dec 2025 6:31 am

Credit provided by capital markets will overtake bank credit: Kotak Mahindra AMC chief Nilesh Shah

Mutual fund credit is set to surpass bank credit. Nilesh Shah of Kotak Mahindra AMC predicts this shift. He urges Indians to invest wisely, moving away from unproductive habits. Radhika Gupta of Edelweiss Mutual Fund suggests incentives for early investment. A lock-in period could encourage long-term wealth creation for young investors.

The Economic Times 9 Dec 2025 11:22 pm

AU Small Finance Bank receives DFS approval for increase in foreign investment limit from 49% to 74%

The DFS approval comes four months after the Bank received in-principal approval from the Reserve Bank of India (RBI) for transitioning to a universal bank

The Hindu Businessline 9 Dec 2025 9:41 pm