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Total flow of financial resources to the commercial sector in the first 2 months of FY27 up about 8 times

This is driven by a pickup in non-food bank credit and rise in foreign direct investment (FDI) to India, per the central banks latest monthly bulletin

The Hindu Businessline 22 Jun 2026 9:31 pm

RBI to conduct 2 lakh crore 7-day variable rate repo auction on June 23

The move follows a review of current and evolving market liquidity trends

The Hindu Businessline 22 Jun 2026 9:31 pm

IRDAI moots 10-fold hike in penalties to curb mis-selling

The draft regulations also seek to enhance transparency and accountability

The Hindu Businessline 22 Jun 2026 9:29 pm

Any breakdown of interim US-Iran peace agreement may reignite material risks: RBI Bulletin

The uncertainties could have an impact on the outlook through international trade, cost pressures, capital flows and commodity prices

The Hindu Businessline 22 Jun 2026 9:13 pm

Bankers expect RBI to issue detailed FAQs on limited period high interest rate FCNR (B) deposits

Offering leverage on a FCNR (B) deposit has emerged as a grey area

The Hindu Businessline 22 Jun 2026 8:21 pm

CBI arrests ex-RCFL and RHFL CEOs in 7,623 crore bank fraud case

The agency said the accused sanctioned loans to intermediary and conduit firms in violation of RBI and lending norms, resulting in massive losses to public sector banks

The Hindu Businessline 22 Jun 2026 7:51 pm

World Bank approves USD 1.5 billion to boost private sector jobs in India

The initiative is projected to generate employment opportunities for about 11 million young Indians over the next two decades under the private sector development financing programme

The Hindu Businessline 22 Jun 2026 5:31 pm

Filing pension complaints gets easier as PFRDA rolls out AI-enabled Pension Sahayak: Key features explained

PFRDA has launched Pension Sahayak, an AI-powered platform simplifying pension grievance redressal. This upgrade from the old CGMS offers web, mobile, and WhatsApp access in 22 languages, including voice commands.

The Economic Times 22 Jun 2026 5:23 pm

Alan Greenspan, ex-Federal Reserve chief, dies at 100

Widely regarded as the architect of a prolonged US economic expansion, Greenspan oversaw an era of low inflation, strong growth and booming markets, steering monetary policy through multiple crises including the 1987 crash and the Asian financial crisis

The Hindu Businessline 22 Jun 2026 5:11 pm

How to claim up to 10 crore capital gains tax exemption

The Economic Times 22 Jun 2026 4:48 pm

Banks to be closed for 3 consecutive days this week: Check if your state is on the list

Bank holidays: Several Indian states and union territories will experience a three-day bank closure this week, from Friday, June 26th to Sunday, June 28th, 2026. This extended holiday is due to Muharram on Friday, followed by the fourth Saturday and Sunday.

The Economic Times 22 Jun 2026 4:12 pm

RBI Governor calls MSMEs key partners in Indias growth story

Malhotra described MSMEs as the nursery of entrepreneurship and stressed the need for a financial system that effectively serves enterprises across districts and towns

The Hindu Businessline 22 Jun 2026 4:11 pm

Top 5 equity mutual funds delivered up to 24% annualised SIP returns over last decade

Five equity mutual funds delivered up to 24% annualised SIP returns over the last decade, with small-cap and mid-cap schemes leading the performance chart.

The Economic Times 22 Jun 2026 3:44 pm

RBI unlikely to raise interest rates soon amid declining crude oil prices, say experts

The MPC projected Indias real GDP growth for 2026-27 at 6.6% while revising Consumer Price Inflation (CPI) upward to 5.1%, with inflation expected to peak at 5.9% in the third quarter

The Hindu Businessline 22 Jun 2026 3:21 pm

Top 7 mutual fund managers manage at least Rs 2 lakh crore AUM. Check details

The top seven mutual fund managers each oversee at least Rs 2 lakh crore in assets under management as of May 2026, according to ACE MF data. The list is led by managers from ICICI Prudential, SBI Mutual Fund and HDFC Mutual Fund, highlighting concentration among Indias largest fund houses.

The Economic Times 22 Jun 2026 2:52 pm

Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomes

Income Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A rebate and standard deduction, but filing an ITR is crucial. However, this rebate doesn't apply to special incomes like capital gains, Virtual Digital Assets (VDAs), and lottery winnings, which are taxed at specific rates.

The Economic Times 22 Jun 2026 2:47 pm

Rather than picking IPOs every month, let a fund do it for you: Radhika Gupta on Edelweiss Recently Listed IPO Fund

IPO investing is gaining traction, but picking winning stocks is tough for individuals. Edelweiss Mutual Fund CEO Radhika Gupta suggests their Recently Listed IPO Fund as a solution. This professionally managed portfolio focuses on new listings, offering diversification and potential post-listing gains. While acknowledging potential volatility due to mid-to-micro cap exposure, Gupta recommends SIPs for smoother navigation of market ups and downs.

The Economic Times 22 Jun 2026 2:22 pm

Aadhaar email update to be free via mobile app from July 1; UIDAI waives Rs 75 fee for six months

The Unique Identification Authority of India (UIDAI) is making email address updates via the Aadhaar mobile app free for six months, from July 1 to December 31, 2026. This move aims to encourage users to keep their contact information current for important notifications. Currently, a Rs 75 fee applies for this service. The waiver is exclusively for updates made through the Aadhaar mobile application.

The Economic Times 22 Jun 2026 1:44 pm

NFO Alert: Tata Mutual Fund announces launch of Tata Multi-sector Passive FoF

Tata Mutual Fund has launched the Tata Multi-sector Passive FoF, an open-ended scheme investing in passive equity funds across various sectors. Aiming for long-term capital appreciation, it uses a rules-based approach with fund manager discretion to dynamically allocate to leading sectors, mitigating emotional bias and timing challenges for investors. The NFO is open until July 6, with a minimum investment of Rs 5,000.

The Economic Times 22 Jun 2026 12:56 pm

8th Pay Commission latest news: Can 8th CPC submit its report before Mid-2027 as Lucknow meetings begin?

8th Pay Commission news: Central government employees are anticipating the 8th Pay Commission's report, with some associations suggesting an early submission by January 2027 and potential salary hikes from April. Despite a November 2025 formation and an 18-month deadline ending May 2027, the commission's swift pace, aided by online processes, fuels optimism for a quicker payout. However, some experts believe a second-half 2027 submission is more probable.

The Economic Times 22 Jun 2026 12:26 pm

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

Gold rate today: Gold prices saw a slight uptick today, June 22, 2026, with 22k gold jewellery at Tanishq priced at Rs13,475 per gram. Major retailers like Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas also reflect similar rates.

The Economic Times 22 Jun 2026 11:43 am

Global banks drive India asset-backed securities sales to record

Foreign banks share in total issuance grew to about 35% in the year ended March, from 28% to 30% in each of the preceding two fiscal years

The Hindu Businessline 22 Jun 2026 11:21 am

Husband trades through wifes demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him relief

A husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading using his wife's demat account and gifting her Rs 1.15 crore, the tax department argued the Rs 1.95 crore loss, including Rs 80 lakh from her own funds, was hers alone.

The Economic Times 22 Jun 2026 11:15 am

Physicswallah among top 5 smallcap stocks that saw highest mutual fund selling in May

Five smallcap stocks, including MRPL, Kaynes Technology, Wockhardt, GE Shipping and Physicswallah, saw the highest mutual fund net selling in May, according to Motilal Oswal Financial Services data, reflecting notable institutional exit trends.

The Economic Times 22 Jun 2026 10:57 am

Wife refused to leave sister-in-laws house after husband moved out; Delhi HC orders her eviction

A Delhi High Court ruling has affirmed a woman's eviction from her sister-in-law's inherited property. The court stated that once a husband loses his right to reside in his sister's house, his wife cannot claim a right to stay there. The sister-in-law, the sole owner via her mother's will, had permitted her brother and his wife to live there.

The Economic Times 22 Jun 2026 10:46 am

Health insurance claim process functional, not frictionless, says Policybazaar study

Customers seek greater clarity and proactive communication, among other things, the second edition of PBs claims study revealed

The Hindu Businessline 22 Jun 2026 9:40 am

Smallcap funds beat all equity mutual fund categories over 3 months. Should investors change SIP strategy?

Smallcap funds have emerged as the best-performing equity mutual fund category over the last three months, delivering an average return of 16.94%, according to ETMutualFunds. The rally follows an earlier correction and has been supported by improving earnings, strong liquidity, and renewed investor interest. However, the sharp gains have also sparked debate on whether investors should buy, hold, or book profits at current levels.

The Economic Times 22 Jun 2026 9:25 am

Best corporate bond mutual funds to invest in June 2026

Investors seeking relatively safe debt options for near-term or three-year-plus goals can consider corporate bond funds in June 2026. These funds invest primarily in top-rated corporate papers, offering greater safety than credit risk or gilt funds. While interest rate sensitivity and past defaults warrant caution, these recommended funds provide a stable avenue for investment. The article highlights key funds and the methodology behind their selection.

The Economic Times 22 Jun 2026 9:22 am

8 ITR filing mistakes to avoid this tax season

The I-T Departments growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax return filing more important than ever.

The Economic Times 22 Jun 2026 6:30 am

Bitcoins 50% fall: Buy the dip or stay away?

Investors must weigh extreme volatility, uncertain cycles and Indias harsh tax rules before adding exposure.

The Economic Times 22 Jun 2026 6:30 am

Power stocks surge on demand revival, investments

Rising electricity demand and a strong investment cycle lift outlook for power companies.

The Economic Times 22 Jun 2026 6:30 am

Why a good manager matters in your career

You cant pick the manager, but he could decide your career, says Devashish Chakravarty.

The Economic Times 22 Jun 2026 6:30 am

NRIs can now earn up to 7% on dollar deposits

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

The Economic Times 22 Jun 2026 6:30 am

Credit card points: Earn free flights and stays

Travellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel program, it is advisable to confirm award availability and understand the redemption rules. Airline miles can also expire or lose value over time if loyalty programs change their award charts. Besides, there are taxes and fuel surcharges, which could be expensive.

The Economic Times 22 Jun 2026 6:30 am

Moderate health claims experience for most Indians

Policybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significant enhancement. Many policyholders opt for reimbursement due to perceived delays in cashless approvals, leading to financial strain. Key pain points in reimbursement include delays and rejections, with customers seeking simpler forms and readily available hospital lists for a smoother experience.

The Economic Times 22 Jun 2026 6:30 am

Microcaps shine as largecaps falter in 2026

Welcome to TrendMap, your quick guide to the performance of different investment segments. No single segment always leads. In this edition, we present a 10-year equity performance tracker, ranking annual returns across market-cap segments. Investors risk appetite has turned more selective in 2026 so far. By Sameer Bhardwaj.

The Economic Times 22 Jun 2026 6:30 am

Started investing late? Cover your risks first

Ashish Mishra is currently focussing on two primary financial goals his childs education and an early retirement at 51. Heres what the doctor has advised him.

The Economic Times 22 Jun 2026 6:30 am

How DTAA helps taxpayers avoid double taxation

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 108th part of this series, Riju Mehta explains how the Double Taxation Avoidance Agreement helps taxpayers.

The Economic Times 22 Jun 2026 6:30 am

Markets will remain noisy. Thats how you make money: Axis MFs CEO & MD B. Gopkumar on SIPs, volatility and investing

Axis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy involving some of its key ex-personnel, and facing an extended period of underperformance in its equity funds. As it emerges out of the storm, its MD and CEO, B. Gopkumar, tells Sanket Dhanorkar how the fund house is putting things in order and why he believes the worst is behind them for their equity strategies.

The Economic Times 22 Jun 2026 6:30 am

SBI-Telangana face-off Over 5-acre land in Hyd raises stakes for both sides

SBI on Friday secured a stay from the Telangana High Court on the auction of the land by the Telangana Industrial Infrastructure Corporation (TGIIC), which had earlier allotted the property to the bank.

The Hindu Businessline 21 Jun 2026 10:04 pm

RBI overhauls Lead Bank Scheme after review, issues new guidelines

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines, released on June 19, aim to enhance credit flow to priority sectors and improve access to financial services. A three-tier committee structure has been introduced to strengthen coordination between banks and government agencies, with Lead Banks now appointing dedicated managers to oversee scheme implementation across all districts.

The Economic Times 21 Jun 2026 9:58 pm

Kotak Bank open to acquisitions at right price; Focus on profitability over market share, says Wholetime Director Kashyap

Kotak Bank prioritises profitability over market share, open to acquisitions that align culturally and technologically, says Director Kashyap.

The Hindu Businessline 21 Jun 2026 6:50 pm

India remains ADB's largest private sector market; lender eyes $1 bn direct support in 2026

ADB to focus on clean energy, green hydrogen, e-mobility and green data centres as key segments

The Hindu Businessline 21 Jun 2026 3:30 pm

Lenskart Solutions among top 5 midcap stocks with highest mutual fund buying in May

Mutual funds showed significant interest in midcap stocks during May, with Lenskart Solution leading the pack in net buying. JSW Energy, Billionbrains, Yes Bank, and Premier Energies also saw substantial inflows. This trend highlights a strategic shift by fund managers towards these growing companies, indicating potential investment opportunities for the broader market.

The Economic Times 21 Jun 2026 10:29 am

Fathers Day 2026: How fathers can build financial independence and generational wealth through mutual funds

Fathers can build financial independence and generational wealth through strategic mutual fund investments, experts advise. Starting early, ideally in the late 20s or early 30s, leverages compounding for a robust retirement corpus. For legacy wealth, a higher equity allocation is recommended, focusing on long-term growth. Avoiding common mistakes like delaying retirement planning and keeping too much in low-yield fixed deposits is crucial.

The Economic Times 21 Jun 2026 10:20 am

Equity mutual funds fell upto 6% last week. Check top 5 laggards

Equity mutual funds experienced a downturn last week, with some correcting up to 6%. International funds were particularly hard hit, with the DSP World Mining Overseas Equity Omni FoF leading the decline at nearly 5.81%.

The Economic Times 21 Jun 2026 10:07 am

H P Singh and Roy Varghese elected as new members on board of Sa-Dhan

Following the elections, the board was reconstituted with K Paul Thomas, Managing Director and Chief Executive Officer of ESAF Small Finance Bank, as chairperson

The Hindu Businessline 20 Jun 2026 5:59 pm

PhonePe wallet inactivity fee explained: No impact on UPI payments or bank accounts

PhonePe has clarified rules around dormant prepaid wallets after users raised concerns over inactivity charges. The company said wallet balances, UPI transactions and linked bank accounts follow separate systems with different operating rules

The Hindu Businessline 20 Jun 2026 3:19 pm

New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefit

New labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security benefits. This standardized format, previously limited to certain sectors, now extends to all, reducing ambiguity and disputes. Employees in informal sectors stand to gain significantly from this move towards greater transparency and formalization of employment terms.

The Economic Times 20 Jun 2026 2:15 pm

Supervisory Data Quality Index score of small finance banks and private sector banks drops

The SDQI of public sector banks declined marginally by 0.3 in March 2026 as compared to December 2025; overall, the SDQI score of scheduled commercial banks declined marginally by 0.2 in March 2026

The Hindu Businessline 20 Jun 2026 1:49 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 20, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold rate today: Gold prices have seen a dip this week following a de-escalation in global tensions. As of June 20, 2026, 22k gold rates at major retailers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas remain stable.

The Economic Times 20 Jun 2026 10:30 am

Retirement savings gap after a career break? Expert shares how to recover without taking big risks

Career breaks, common for women, can impact retirement savings. Experts advise accepting the situation and implementing a catch-up plan by temporarily increasing investments. Utilizing bonuses and reviewing portfolios for better returns are key. While aiming for higher gains, avoid excessive risk. Disciplined investing and strategic cash-flow management can help bridge the gap and secure financial independence.

The Economic Times 20 Jun 2026 10:21 am

Husband hides real age on matrimony site, claims to be 37 instead of 44, leading to incorrect horoscope match; HC grants wife divorce for this reason

The Telangana High Court gave relief to a wife by granting her divorce after it was found that her husband had misrepresented his age which resulted in her parents incorrectly matching their horoscope. The high court observed that due to this false fact about his date of birth and also the horoscope matching, she mistakenly believed that both of them were compatible with each other.

The Economic Times 20 Jun 2026 8:00 am

FD rate up to 8.05% for senior citizens investing for five years; Know list of banks

Senior citizens can now secure fixed deposit rates as high as 8.05% for a five-year term with select small finance banks. While these attractive rates are available, investors should be aware of the DICGC insurance limit of Rs 5 lakh. The article also clarifies TDS rules on FD interest, explaining how senior citizens can avoid deductions by submitting Form 15H if their total income falls below taxable limits.

The Economic Times 20 Jun 2026 7:11 am

Tenant wins tax relief on Rs 38.62 lakh sale of landlords property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favour

A Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Tribunal ruled that the fair market value of the surrendered tenancy rights should be considered the cost of acquisition, not nil. This decision significantly reduced the tenant's capital gains tax liability on the Rs 38.62 lakh sale, recognizing the economic value of his original rights.

The Economic Times 20 Jun 2026 7:11 am

Saturday bank holiday: Are banks open or closed today on June 20, 2026?

Bank holiday: Indian banks operate on a mixed schedule, with closures on Sundays and the second/fourth Saturdays. While many services are digital, certain transactions like account opening, signature updates, and large cash movements still necessitate a branch visit.

The Economic Times 20 Jun 2026 7:00 am

NRI credit cards: Rewards and lounge access arent everything, what more NRIs should know before getting an Indian credit card

For Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL score for future borrowing and simplifying rupee-denominated expenses. While unsecured cards are increasingly available, understanding forex charges, repayment mechanisms, and FEMA compliance is vital before applying.

The Economic Times 20 Jun 2026 6:30 am

RBI exempts banks from maintaining statutory reserve ratios on fresh NRE term deposits

Banks to offer higher interest rates on deposits as they will be able to deploy the full deposit proceeds as loans

The Hindu Businessline 19 Jun 2026 8:44 pm

Zerodha Capital loan book jumps past 580 crore as profit rises

Zerodha Capital's total income increased to 53.5 crore in FY26 from 37.1 crore a year earlier, while total assets rose to 641 crore from 433 crore

The Hindu Businessline 19 Jun 2026 8:17 pm

Home loan insurance: Protecting the dream home without paying more than you need to

Home loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabilities in unforeseen circumstances. With rising homeownership and larger loan sizes, more borrowers are actively seeking protection solutions that offer both affordability and flexibility. The article explores the benefits of home loan insurance, evolving consumer preferences, and the growing importance of transparency and choice. It also highlights recent regulatory measures aimed at strengthening consumer rights and preventing mis-selling.

The Economic Times 19 Jun 2026 7:10 pm

The Latest Home Loan Interest Rates: Jun 19, 2026

The Latest Home Loan Interest Rates: Jun 19, 2026

The Hindu Businessline 19 Jun 2026 7:00 pm

The Latest Fixed Deposit Interest Rates: Jun 19, 2026

The Latest Fixed Deposit Interest Rates: Jun 19, 2026

The Hindu Businessline 19 Jun 2026 7:00 pm

EPFO: When can you get 8.25% EPF interest amount in your provident fund account?

EPF subscribers can expect their 8.25% interest for FY2025-26 to be credited this month, as the government has officially ratified the rate. This annual interest is calculated on a monthly running balance, ensuring no loss for members even with delayed crediting. Subscribers can easily check their updated balances through the EPFO portal or the Umang app.

The Economic Times 19 Jun 2026 6:17 pm

Gold and silver prices have fallen up to 12% this month; is it time to buy?

Gold and silver prices have dropped sharply this month as easing Iran-US tensions dampened safe-haven demand. Experts advise existing investors to avoid panic selling, as the long-term outlook remains positive. New investors can use the correction to invest gradually through SIPs in ETFs, while maintaining a 10-15% portfolio allocation to precious metals.

The Economic Times 19 Jun 2026 5:10 pm

Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in HDFC Bank, RIL and 29 others in May

Sunil Singhania-backed Abakkus Flexi Cap Fund significantly increased its holdings in HDFC Bank and Reliance Industries during May. The fund also added substantial stakes in Edelweiss Financial Services, The Federal Bank, Tata Steel, and Urban Company, among 29 other stocks. No stocks were reduced or exited, maintaining a portfolio of 49 scrips across 23 sectors.

The Economic Times 19 Jun 2026 3:44 pm

ICICI Prudential and SBI Mutual Fund among 4 AMCs to receive over Rs 10,000 crore inflows from top30 cities in May

Four mutual fund houses, Axis, ICICI Prudential, SBI, and Nippon India, attracted over Rs 10,000 crore each from T30 cities in May, boosting monthly AAUM and highlighting strong investor participation.

The Economic Times 19 Jun 2026 2:28 pm

Mirae Asset Mutual Fund: RIL, Infosys and SBI among top 10 stock holdings in May

Mirae Asset Mutual Funds May 2026 portfolio shows HDFC Bank, ICICI Bank, RIL, SBI and Infosys among its top holdings. While allocations remained largely stable, select stocks saw marginal changes in weight. The fund house managed Rs 2.31 lakh crore in assets across 96 schemes during the month.

The Economic Times 19 Jun 2026 2:23 pm

Wealth wisdom of the day: It takes great deal of boldness and caution to make a great fortune; and when you have got it... Nathan Mayer Rothschilds famous quote hides a big learning

While individuals take numerous steps to multiply their wealth to build a notable fortune, little do they plan for what to do next. For someone who has become rich, it would be hard to resist the demands because of the simple reasonthey can now afford things.

The Economic Times 19 Jun 2026 2:12 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 19, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold rate today: Gold prices are down today across India. This follows a drop in domestic bullion rates. Consumers planning to buy gold jewellery will find lower prices. Experts suggest gold may target further support zones.

The Economic Times 19 Jun 2026 1:10 pm

NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investment

NRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, NRIs can leverage Double Taxation Avoidance Agreements (DTAAs) to potentially lower their tax burden or claim credits in their country of residence, avoiding double taxation.

The Economic Times 19 Jun 2026 12:43 pm

HDFC Mutual Fund: RIL, Tata Motors and TCS among stocks bought and sold in May

HDFC Mutual Fund increased exposure to Tata Motors, HDFC Bank and Eternal while trimming holdings in Infosys, ITC and Adani Ports, with Garware Technical Fibres emerging as its sole new portfolio addition in May.

The Economic Times 19 Jun 2026 12:31 pm

ITR-3 release date: Who should file this income tax return form as I-T Department enables online filing, Excel utilities for it

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is for individuals and HUFs with business or professional income. Taxpayers not eligible for simpler forms must use ITR-3. The due date for salaried individuals is July 31, 2026.

The Economic Times 19 Jun 2026 11:50 am

Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full relief

When Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment and thus he filed his income tax return (ITR) on October 29, 2021. In his ITR he declared a total income of Rs 31.62 lakh after claiming tax exemption for the entire amount of leave encashment under Section 10(10AA)(ii).

The Economic Times 19 Jun 2026 10:27 am

NFO Alert: Zerodha Fund House launches 2 target-date Life Cycle funds

Zerodha Fund House has launched Indias first target-date Life Cycle Fund series, offering two schemes: 2036 and 2041 maturities. The NFO is open till July 7, with continuous subscription to follow. Built on a rule-based approach, the funds dynamically adjust asset allocation over time and aim to serve investors across different life stages and long-term goals.

The Economic Times 19 Jun 2026 10:26 am

Short-bond rally faces risks from cash drain, analysts say

DBS Bank Ltd. expects the central bank to deploy a stronger tool in August by requiring banks to keep a larger proportion of deposits with the RBI

The Hindu Businessline 19 Jun 2026 9:58 am

MF Tracker: Nippon India Small Cap Fund tops all equity funds over 10 years. Is it too late to invest?

Nippon India Small Cap Fund has topped all equity funds over a decade, delivering a 20.94% CAGR. Despite recent underperformance, its long-term stock-picking prowess and diversification have driven superior risk-adjusted returns. Experts advise caution on lump-sum investments due to elevated valuations, favoring SIPs for long-term wealth compounding.

The Economic Times 19 Jun 2026 9:40 am

Best banking & PSU mutual funds to invest in June 2026

Banking and PSU debt funds offer a relatively safe investment avenue for investors looking for a few years. These schemes primarily invest in debt instruments of banks and public sector undertakings, which are largely government-backed, minimizing credit risk. While interest rate fluctuations can impact returns, these funds are generally better positioned due to shorter duration investments.

The Economic Times 19 Jun 2026 9:15 am

Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forum

A car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Electronic Steering Column Lock failure, leading to a jammed steering wheel and an accident. The North Delhi Consumer Commission has ordered MG Motors to refund the car's purchase price of Rs 18.

The Economic Times 19 Jun 2026 7:11 am

Tokenised gold: A new way to invest in gold or a risky bet? What Indian investors need to know before investing

Tokenised gold is emerging as a new investment option in India. It uses blockchain to represent physical gold digitally. Investors can trade tokens easily, even in small amounts. However, this new product lacks regulation and faces high taxes. Experts advise caution and suggest it as an experimental investment.

The Economic Times 19 Jun 2026 6:30 am

RBL Banks board reconstituted following Emirates NBD Bank taking majority stake

This will enable RBL Bank to be positioned as a leading large bank, going ahead

The Hindu Businessline 18 Jun 2026 9:08 pm