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Banks can lend only to SEBI-registered and listed REITs, InvITs: RBI guidelines

REITS and InvITs are investment vehicles that allow investors to invest in real estate and infrastructure assets respectively

The Hindu Businessline 10 Jun 2026 9:09 pm

RBI cancels registration certificates of 135 NBFCs

The Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered their licenses. These actions are due to various reasons including exiting the business or ceasing to be legal entities. Many of the cancelled companies were based in West Bengal. This move impacts the financial landscape.

The Economic Times 10 Jun 2026 8:29 pm

Banks kick-off rate hikes on FCNR (B) deposits

Peak interest rates touch 7%, or thereabouts

The Hindu Businessline 10 Jun 2026 8:18 pm

Credit Guarantee Scheme for Microfinance Institutions-2.0 extended till August 31

The government has also raised the maximum loan amount limit for large NBFC-MFIs and MFIs to 1,000 crore from 300 crore, subject to a 20% Assets Under Management ceiling

The Hindu Businessline 10 Jun 2026 5:56 pm

Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and more

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announced it would cover hedging costs for new 3 to 5 year FCNR(B) deposits. This initiative benefits Non-Resident Indians and others. Central Bank of India is offering a 6% interest rate on these deposits.

The Economic Times 10 Jun 2026 5:08 pm

Indian banks likely to see further decline in bad loans despite economic challenges: Report

The report said major lenders are likely to see further declines in bad-loan ratios, supported by stronger balance sheets and improved recovery mechanisms

The Hindu Businessline 10 Jun 2026 4:46 pm

Global AI debt issuance to double to $570 billion in 2026, Morgan Stanley estimates

A number of big-bang funding plans have been announced recently for the AI buildout

The Hindu Businessline 10 Jun 2026 3:56 pm

Sebi proposes consolidated disclosure norms for executive pay at AMCs

Sebi has proposed enhanced remuneration disclosure norms for mutual fund asset management companies, including consolidated disclosure of executive pay and employee count. The regulator also suggested limited access to scheme-level fund manager remuneration details for investors to strengthen transparency and corporate governance.

The Economic Times 10 Jun 2026 3:54 pm

Gold ETFs see first outflow in a year, silver ETFs bleed for fourth straight month

Gold ETFs saw their first outflow in over a year in May, while silver ETFs extended losses for the fourth straight month, according to AMFI data. Gold ETFs recorded an outflow of Rs 725 crore versus an inflow in April, while silver ETFs saw a Rs 2,133 crore outflow, taking total withdrawals over four months to Rs 3,770 crore.

The Economic Times 10 Jun 2026 3:48 pm

Indian 10-year bond falls sharply on tax relief-driven FPI buying

Benchmark 10-year yield drops 10 basis points in four days as foreign investors pump over 11,000 crore into government securities.

The Hindu Businessline 10 Jun 2026 3:46 pm

FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher interest rates to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). An NRI may now earn an additional $1,277 on a $10,000, 5-year FCNR(B) deposit.

The Economic Times 10 Jun 2026 2:53 pm

Karur Vysya Bank hikes FCNR (B) US Dollar interest rate by 437 bps for maturities of 3-5 years

The FCNR(B) US Dollar deposit rates for these maturities will be 7% per annum from the earlier 2.63%

The Hindu Businessline 10 Jun 2026 2:25 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 10, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold and silver prices saw a decline on Wednesday, June 10, 2026, as major Indian retailers reduced rates. This drop is attributed to heightened global uncertainty stemming from Middle East geopolitical tensions and shifting US interest rate expectations.

The Economic Times 10 Jun 2026 2:18 pm

One-time relief for these Greater Bengaluru property owners: Electricity connection without Occupancy Certificate

Greater Bengaluru Authority now allows electricity connections without an Occupancy Certificate for homes on plots up to 2,400 sq. ft. This special one-time relief helps many homeowners, especially those on unapproved layouts. It can reduce electricity bills by enabling domestic residential power connections.

The Economic Times 10 Jun 2026 1:58 pm

Worried about future of your child with special needs? How making a trust can help your child when you are not around

For parents of children with special needs, a special needs trust offers a vital long-term plan for their child's care and financial security after they are gone. This trust ensures funds are managed by trustees for medical treatment, housing, education, and daily expenses, providing a structured support system beyond simple wealth transfer.

The Economic Times 10 Jun 2026 1:14 pm

SEBI proposes new pay disclosure norms for mutual fund firms

Asset management companies may report executive remuneration on a consolidated basis instead of naming individuals.

The Hindu Businessline 10 Jun 2026 12:55 pm

Retired with Rs 4 lakh in mutual funds? Here's what an expert suggests before starting an SWP

A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. An expert suggests gradually adding hybrid funds to reduce market volatility. The withdrawal amount will depend on investment duration, accumulated gains, income needs, and overall financial situation. Historical data suggests 5-6% annual withdrawals are sustainable over 10-15 years.

The Economic Times 10 Jun 2026 12:18 pm

Yes Bank hikes FX deposit rates to attract non-resident inflows

The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, a spokesperson for the bank said

The Hindu Businessline 10 Jun 2026 11:55 am

Volatile equity markets, global uncertainty takes heavy toll on MF inflows

Equity inflows dipped 40% in May to 22,908 crore, against 38,440 crore in April, as investors confidence was shaken by extreme volatility in the market

The Hindu Businessline 10 Jun 2026 11:54 am

308% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.08 lakh22k gold rate today: Check 24k, 22k, 18k gold prices (June 10, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJAhttps://economictimes.indiatimes.com/wealth/invest/22k-gold-rate-today-check-24k-22k-18k-gold-prices-june-10-2026-at-tanishq-joyalukkas-kalyan-jewellers-malabar-gold-diamonds-and-ibja/articleshow/131630032.cms

The RBI has announced the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series-VII, set at Rs 15,275 per unit. Investors can redeem these bonds from June 10, 2026, after the fifth year of issuance. This offers a significant return of approximately 308% on the initial investment.22k gold rate today: Check 24k, 22k, 18k gold prices (June 10, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJAhttps://economictimes.indiatimes.com/wealth/invest/22k-gold-rate-today-check-24k-22k-18k-gold-prices-june-10-2026-at-tanishq-joyalukkas-kalyan-jewellers-malabar-gold-diamonds-and-ibja/articleshow/131630032.cms

The Economic Times 10 Jun 2026 11:52 am

How a simple home loan EMI calculation before you apply can reduce your interest burden

A home loan EMI calculator is an invaluable tool for financial planning, allowing users to estimate monthly repayments, total interest, and repayment schedules by inputting loan amount, interest rate, and tenure. It aids in comparing loan options, optimizing tenure, planning prepayments, and potentially saving significant interest costs.

The Economic Times 10 Jun 2026 11:08 am

These 5 equity mutual funds turn SIP investments into wealth with up to 24% annualised returns in 10 years

Five equity mutual funds delivered strong SIP returns over 10 years, with top schemes nearing 24% annualised gains. Small-cap funds led performance, but experts advise aligning investments with risk profile and long-term goals.

The Economic Times 10 Jun 2026 10:56 am

Dead insect in biriyani: Restaurant ordered to pay Rs 10,000 compensation and serve diner 2 fresh biriyani plates every Sunday for next 5 weeks

A man in Puducherry received Rs 10,000 in compensation and Rs 3,000 for legal expenses after finding a dead insect in his biriyani. The consumer commission also ordered the restaurant to provide him with 10 free plates of biriyani over five Sundays.

The Economic Times 10 Jun 2026 10:34 am

Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when needed

Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This government-backed benefit protects families in case of an EPF member's death during service. Eligibility requires active EPF membership and employer contributions. Claims are processed by EPFO, with updated nominations expediting the procedure.

The Economic Times 10 Jun 2026 10:28 am

AMFI Data: Mutual fund SIP inflows slip 1% to Rs 30,954 crore in May

May SIP Data: The monthly inflows remained above the Rs 30,000 crore mark for the third consecutive month. On yearly basis, the SIP inflows went up 16% from Rs 26,688 crore in May 2025. Overall, equity mutual fund inflows declined 40% month-on-month to Rs 22,907 crore in May from Rs 38,440 crore in April. However, on a year-on-year basis, inflows rose 20% from Rs 19,013 crore recorded in May 2025.

The Economic Times 10 Jun 2026 10:24 am

AMFI Data: Equity mutual fund inflows tumble 40% to Rs 22,907 crore in May

Among the 11 sub-categories, flexi cap funds remained investors favourite, attracting the highest inflow of Rs 5,175 crore in May, compared with a record-high inflow of Rs 10,147 crore in April.

The Economic Times 10 Jun 2026 10:15 am

Best flexi cap mutual funds to invest in June 2026

Flexi cap mutual funds provide a flexible investment avenue for investors navigating market volatility. Fund managers can strategically allocate assets across large, mid, and small-cap stocks based on market outlook. This approach is ideal for moderate investors aiming for wealth creation over a five to seven-year horizon.

The Economic Times 10 Jun 2026 9:25 am

8th Pay Commission salary calculator: How much arrears could level 1114 employees receive under 2.0-2.86 fitment factors?

Central government employee and pensioner bodies are actively engaging with 8th Pay Commission officials regarding salary and allowance demands. Discussions are ongoing, with a memorandum submission deadline of June 15, 2026. Employees anticipate potential salary hikes and arrears, with estimates suggesting 20-21 months of arrears if implementation occurs in late 2027.

The Economic Times 10 Jun 2026 8:00 am

Govt employee missing for over 7 years; son denied compassionate job, loses case in HC for this reason

A son's plea for a compassionate job after his government employee father went missing for over seven years was rejected by the Telangana High Court. The court cited a rule stipulating that employees with less than seven years of service remaining at the time of disappearance are ineligible for such appointments, regardless of the presumption of death.

The Economic Times 10 Jun 2026 7:43 am

ET Explainer: Why largecaps are gaining appeal as Nifty consolidates

With Nifty 50 valuations at long-term averages, wealth managers suggest allocating to large-cap stocks. These companies offer stability and earnings visibility, making them a safer bet amid global uncertainty. Investors can consider a mix of active and passive large-cap funds for their core portfolio.

The Economic Times 10 Jun 2026 7:36 am

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base

Jio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint venture, already managing $1.9 billion in assets, plans to initially focus on equity strategies. This move seeks to tap into India's growing, albeit nascent, ETF market, with plans for GIFT City products also underway.

The Economic Times 9 Jun 2026 9:35 pm

$55-65 billion expected to flow into the country on RBI measures on FCNR (B) deposits, ECBs

Competition to intensify for NRI deposits

The Hindu Businessline 9 Jun 2026 9:33 pm

Banks want RBI to relax liquidity buffer norm relating to institutional deposits

LCR requires banks to maintain high quality liquid assets to meet 30 days net outgo under stressed conditions

The Hindu Businessline 9 Jun 2026 9:13 pm

Bombay High Court rejects Lilavati Trust plea against HDFC Bank over alleged defamation

The court said the banks statements were factually accurate and imposed a Rs 5 lakh cost on the trust.

The Hindu Businessline 9 Jun 2026 6:23 pm

Highest FD interest rates of 5 major banks: SBI, PNB, HDFC Bank, ICICI Bank and Bank of Baroda

Despite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fixed deposit interest rates. These attractive rates, particularly for senior citizens, vary across different tenures, with some reaching up to 7.1%.

The Economic Times 9 Jun 2026 6:17 pm

Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to do

Tenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is 2% on gross rent. Tax is deducted in the last month of tenancy or financial year. Tenants deposit TDS via Form 26QC and issue Form 16C to landlords. Failure to comply incurs interest and penalties.

The Economic Times 9 Jun 2026 5:21 pm

Retirement planning: 7 golden rules you must consider for easy retirement

Retirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include accounting for inflation, healthcare costs, liabilities, and lifestyle needs. Maintaining a balanced asset mix with some equity exposure for growth and gradually increasing debt allocation with age can provide liquidity and stability.

The Economic Times 9 Jun 2026 4:44 pm

SpaceX IPO: 5 Indian mutual funds that can offer exposure to space giant

SpaceXs planned IPO and potential inclusion in the Nasdaq-100 have renewed investor interest in Indian mutual funds tracking the benchmark. Such funds could gain indirect exposure to the aerospace giant, although fresh investments in several schemes remain restricted due to overseas investment limits.

The Economic Times 9 Jun 2026 3:59 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 9, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold prices saw a rise on Tuesday, June 9, 2026. Major jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates. The India Bullion and Jewellers Association also noted an increase. Investors are closely watching developments in the Middle East for further market cues.

The Economic Times 9 Jun 2026 2:57 pm

MF Tracker: Nippon India Value Find turns Rs 10,000 SIP to Rs 1.56 crore in 21 years

Nippon India Value Fund has turned a Rs 10,000 monthly SIP into Rs 1.56 crore over 21 years, according to an ETMutualFunds analysis. Launched in June 2005, the fund holds a four-star rating from Value Research and Morningstar. A Rs 10,000 SIP started 10 years ago would now be worth Rs 27.06 lakh, while similar investments over five and three years would have grown to Rs 8.19 lakh and Rs 3.90 lakh, respectively.

The Economic Times 9 Jun 2026 2:02 pm

How to dematerialise and transfer physical share certificates to legal heirs?

ET Wealth Reader's Query: I recently found several bonds and share certificates in physical form belonging to my late father. How can I get them dematerialised and transferred to the legal heirs?

The Economic Times 9 Jun 2026 1:58 pm

ICICI Prudential Flexicap among 10 flexicap funds to increase smallcap exposure in April. Check details

Several flexicap funds have significantly increased their small-cap exposure over the past three years, reflecting confidence in smaller companies. Navi, Samco, and ICICI Prudential led the shift, seeking growth opportunities in niche businesses.

The Economic Times 9 Jun 2026 1:49 pm

Tata Mutual Fund announces temporary restrictions on subscriptions in its gold ETF and FoF

Tata Mutual Fund has temporarily restricted fresh subscriptions in its Tata Gold ETF and Tata Gold ETF Fund of Fund, citing prevailing market and economic conditions. While large direct investments and certain lump-sum inflows face limits, SIPs, SWPs, redemptions and switch-outs will continue without any restrictions.

The Economic Times 9 Jun 2026 1:47 pm

8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revision

Retired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and increments to combat inflation. The association seeks improved allowances, welfare benefits, and retirement provisions.

The Economic Times 9 Jun 2026 1:40 pm

Axis Mutual Fund removes exit load on largecap, flexicap and 1 more scheme; cuts holding period for midcap fund

Axis Mutual Fund has revised exit load structures across its equity schemes, removing charges for large-cap, flexicap and large & midcap funds while shortening the holding period for the midcap fund. The changes apply from June 15 and will cover all fresh investments, including SIPs, STPs and switches under the schemes.

The Economic Times 9 Jun 2026 1:33 pm

BlackRock to offer space ETF that will add new IPOs within days

BlackRock has launched the iShares Space Technologies UCITS ETF (STAR) for European investors, featuring a unique IPO fast-entry mechanism. This allows newly listed space companies to be added to the index within 10 to 30 days, rather than waiting for scheduled rebalances. The move follows a surge in investor interest in space ETFs.

The Economic Times 9 Jun 2026 1:26 pm

Planning a SIP this June? Here are mutual fund options that could suit aggressive investors

Aggressive investors planning SIPs in June can consider a mix of flexi-cap, large-cap, mid-cap, small-cap and hybrid funds across investment baskets, based on ETMutualFunds' model portfolios designed using performance, consistency and risk-adjusted return metrics.

The Economic Times 9 Jun 2026 12:27 pm

Keeping close watch on MSME loan book as prolonged West Asia crisis may impact cashflows: Punjab & Sind Bank MD

Bank posts record 1,322 crore profit in FY26; targets 4 lakh crore business by FY29

The Hindu Businessline 9 Jun 2026 11:33 am

Qualified but not working? HC denies maintenance to doctor wife, says she cant burden husband

The Allahabad High Court has ruled that a qualified wife, capable of earning but choosing not to work solely to burden her husband, can be denied maintenance. In a case involving a Gynaecologist, the court upheld the denial of interim maintenance, citing her ability to earn over Rs 31 lakh annually, as per her income tax returns.

The Economic Times 9 Jun 2026 11:18 am

Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX success

Binance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate on the expected valuations of private companies like SpaceX and OpenAI before their public listings, bridging the gap between institutional and retail investors.

The Economic Times 9 Jun 2026 10:45 am

Retired with 100 stocks and Rs 60,000 SIPs? Expert explains how to simplify your portfolio and plan withdrawals

Retirees face a new challenge: managing wealth after decades of building it. Experts advise simplifying complex portfolios, especially those with many stocks. The focus moves to generating income and ensuring long-term financial security through strategic adjustments to investments and withdrawal plans.

The Economic Times 9 Jun 2026 10:34 am

Banking stocks rise on forex swap facility for overseas borrowings

Banks can avail concessional swap from the RBI for overseas borrowings of a minimum maturity of 3 years

The Hindu Businessline 9 Jun 2026 10:03 am

Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies for conservative, moderate and aggressive investors explained

Retiring with Rs 1.5 crore can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withdrawal rates between 4.5% and 6.5% annually, with potential monthly incomes ranging from Rs 70,000 to Rs 1.2 lakh. A bucket strategy is recommended for managing immediate needs and long-term growth.

The Economic Times 9 Jun 2026 8:00 am

For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residents

The Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting the society to appoint a new developer. The court ruled that residents' right to safe housing is more important than a builder's profit. The old builder's objections were rejected, allowing the society to proceed with a new developer.

The Economic Times 9 Jun 2026 7:11 am

RBI announces swap window for ECBs and FCNR (B) deposits

Measures extended hedging support and liquidity management till January 2027

The Hindu Businessline 8 Jun 2026 10:02 pm

Arnifi launches AI-powered banking, payments platform for corporates

This platform will allow businesses to access traditional banks, digital banks and payment processors across key global jurisdictions

The Hindu Businessline 8 Jun 2026 9:52 pm

121 Finance disburses 10 cr via GeM Sahay

The company has disbursed over 2,600 loans to more than 400 MSMEs across 173 cities in 27 States, helping small suppliers access working capital against confirmed government purchase orders

The Hindu Businessline 8 Jun 2026 9:32 pm

Indian IT sees rising share of revenue from BFSI in FY26

Four of the five top tier Indian IT services players saw an increase in share of revenue from the BFSI vertical in FY26, according to data from the companys annual reports

The Hindu Businessline 8 Jun 2026 9:32 pm

I want Canara Bank to become the preferred bank for the younger generation: Brajesh Kumar Singh

For the new MD and CEO of Canara Bank, the first priority is on the resources side, raising low-cost deposits and improving CASA, which will strengthen overall efficiency.

The Hindu Businessline 8 Jun 2026 9:11 pm

ARCs seek review of SARFAESI Act and their functioning

Request FinMin to set up working group on ARCs to review their existing position and expand their role

The Hindu Businessline 8 Jun 2026 9:05 pm

Will your gold investments be impacted as HDFC, ICICI and Tata mutual funds stop fresh high-value ETF investments?

Major mutual fund houses, including HDFC, ICICI Prudential, Nippon India and Tata Mutual Fund, have temporarily restricted large investments in gold ETFs amid surging demand, higher import duties and limited gold supply. Experts say retail investors and existing SIPs remain unaffected. The curbs mainly impact HNIs, while new investors are advised to invest gradually and maintain a 10-15% gold allocation.

The Economic Times 8 Jun 2026 6:09 pm

SBI hands over 8,813 crore dividend cheque to government for FY26

The public sector lender reported a net profit of 80,032 crore for the year, with operating profit rising to 1.23 lakh crore

The Hindu Businessline 8 Jun 2026 5:52 pm

Private sector banks are the best contrarian bet for the next 3 years, says S Naren

ICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown in mutual fund inflows. He sees private sector banks as attractive contrarian bets and remains optimistic on India's debt market amid improving fundamentals.

The Economic Times 8 Jun 2026 5:34 pm

Blackstone looks to sell $2 billion of fund stakes, FT says

The deal would be one of the largest to ever come to market, ahead of a similar transaction from Carlyle Group Inc.s AlpInvest unit last year

The Hindu Businessline 8 Jun 2026 3:52 pm

RBI-government measures to attract foreign investment may bring $35-40 billion inflows: Report

The report stated that the measures aim to attract foreign capital into India while addressing rupee pressure and enhancing external sector stability

The Hindu Businessline 8 Jun 2026 3:38 pm

5 multicap mutual funds with maximum mid and smallcap exposure. Check details

Multicap funds are required to allocate at least 25% each to large, mid and smallcap stocks, but some schemes have significantly higher exposure to the riskier mid and smallcap segments. Nippon India Nifty 500 Equal Weight Index Fund topped the list in April 2026, followed by Samco, Groww, DSP and Bajaj Finserv Multi Cap Fund.

The Economic Times 8 Jun 2026 3:11 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 8, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold and silver prices saw a dip this today. Rising global tensions fueled inflation worries, while strong US economic data suggested interest rates would stay high.

The Economic Times 8 Jun 2026 2:56 pm

Gold and silver ETFs slip up to 8% amid Israel attack and crude oil spike. What should investors do?

Gold and silver ETFs declined sharply on Monday as precious metal prices corrected on the MCX amid rising crude oil prices, inflation concerns and expectations of higher US interest rates. While the selloff weighed on returns, experts believe the correction offers a gradual accumulation opportunity for long-term investors through systematic investments.

The Economic Times 8 Jun 2026 2:47 pm

220% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.20 lakh

The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2021-22 Series-III. Investors can redeem these bonds from June 8, 2026. The redemption price is fixed at Rs 15,512 per unit.

The Economic Times 8 Jun 2026 2:44 pm

Zerodha Mutual Fund files draft document with Sebi for two life cycle funds

These are open-ended funds with attributes of pre-defined maturity and glide path for goal-based investing.

The Economic Times 8 Jun 2026 2:06 pm

HDFC Bank borrower alert: EMIs on these loans to cost more as bank raises lending rates by up to 10 bps

HDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised rates now range from 8.05% to 8.65% across various loan tenures. This adjustment follows the Reserve Bank of India's decision to maintain the repo rate at 5.25%.

The Economic Times 8 Jun 2026 1:14 pm

Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposed

South Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in a few chipmakers has increased vulnerability to profit-taking and volatility, exposing the risks of narrow market leadership as investors reassess valuations amid geopolitical and economic uncertainties.

The Economic Times 8 Jun 2026 1:09 pm

Private capex set to broaden in FY27 as rate cuts spur investment: BoB

Consumer durables, logistics, retail and capital goods likely to lead the next phase of the investment cycle.

The Hindu Businessline 8 Jun 2026 12:42 pm

Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27

The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specific risk parameters will mandate detailed examination by the I-T Department. A June 30, 2026 deadline is set for issuing scrutiny notices under Section 143(2).

The Economic Times 8 Jun 2026 11:55 am

Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land back

The Supreme Court backed the Madras High Court's decision to cancel a property auction for Mr. Rama's family. The bank tried to sell their properties over a defaulted loan, but legal fights and delays, including the buyers paying late, meant the sale was never finalized. Crucially, Mr.

The Economic Times 8 Jun 2026 11:06 am