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7 mutual funds reduce exposure to 18 midcap names in April. Check details
Delhi govt to provide up to 10 crore collateral-free loans to women startups, SHGs
The government will also provide platforms in malls and large shopping complexes across the city to help indigenous products made by women self-help groups (SHGs) reach a wider market
NFOs this week: 4 SIFs and 1 passive fund to open for subscription
iSIF Equity Long-Short Fund and iSIF Active Asset Allocator Long-Short Fund will open for subscription on May 19 and close on June 2. The minimum investment amount for both funds is Rs 10 lakh.
Muthoot FinCorp post 73,448.82 crore AUM in FY26
The companys standalone performance was strong, with AUM at 56,185.10 crore, PAT at 1,640.21 crore, and revenue at 8,364.28 crore as of March 2026
Equity mutual funds rally up to 28% last week, international funds lead; check top 9 with 20%+ gain
Gold prices surged by Rs 766 per gram this week, with 24k gold climbing nearly Rs 800 before retreating from record highs. This volatility follows Prime Minister Modi's appeal to reduce gold purchases and the government's increase in customs duty on precious metals, impacting both consumer demand and jewelry stocks.
Muthoot FinCorp board clears 4,000 crore IPO amid aggressive debt raising plans
The NBFCs board also cleared large-scale borrowing via NCDs and commercial papers, signalling an aggressive capital-raising push
Q4 Results Highlights Today, 16th May 2026: Get all the information about the quarterly update information on the companies posting here in this live blog
PFC-REC merger plan moves ahead, to seek Presidential approval
Once approved, RECs assets and liabilities will be transferred to PFC, with REC eventually being dissolved
IDBI Bank to raise up to 10,000 crore via long-term rupee bonds in FY27
Move comes in the wake of banks deposit growth continuing to lag credit growth
8th Pay Commission meeting on May 1819 in Telangana: Top demands, pay hike talks & key updates
Gold and silver prices saw a dip on Saturday, May 16, 2026. This followed a volatile week where rates fluctuated sharply. Factors like rising US inflation and anticipated interest rate hikes influenced the market. Local factors also played a role, including government duty increases. Consumers can check rates at major jewellers like Tanishq and Malabar Gold & Diamonds.
NPS launches Retirement Income Schemes: New drawdown option for pension payouts, benefits & rules
The Pension Fund Regulatory and Development Authority has launched new Retirement Income Schemes and drawdown options for National Pension System subscribers. These changes aim to provide predictable cashflow and extend the life of retirement funds.
10 equity mutual funds cross Rs 60,000 crore AUM; top 3 manage over Rs 1 lakh crore each
Around 10 equity mutual funds managed over Rs 60,000 crore in assets by April 2026, led by Parag Parikh Flexi Cap Fund, while HDFC Mutual Fund dominated with three entries.
Rs 2.46 lakh yearly income from SCSS: How senior citizens can earn regular interest income
The Senior Citizens Savings Scheme (SCSS) offers a high 8.2% interest rate for the April-June 2026 quarter, with a five-year tenure extendable by three years. Deposits up to Rs 30 lakh are permitted, and while interest is taxable, a deduction of up to Rs 50,000 is available under Section 80TTB.
Quant Mid Cap Fund exits Lenskart Solutions and 2 other stocks, adds SAIL in April
Quant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the funds monthly disclosure showed. The fund also increased exposure to Reliance Industries and maintained holdings in several key stocks, as sector allocations shifted toward healthcare and metals.
JioBlackRock Mutual Fund: HDFC Bank, ITC, and MCX among top 10 stock holdings in April
JioBlackRock MFs April portfolio reveals top allocations to banking, telecom, and large-cap leaders like HDFC Bank, ICICI Bank, RIL, ITC, Infosys, and MCX.
PGIM India Mutual Fund reopens subscriptions in its 3 international funds for second time in CY26
PGIM India Mutual Fund has reopened subscriptions for three international funds, including the Global Equity Opportunities Fund of Fund, effective May 18. This follows a temporary restriction imposed on March 10 to avoid breaching overseas investment limits. Investors can now invest up to Rs 2 lakh daily per scheme.
Q4 Results Today, 16th May 2026 Live Updates: Get all the information about the quarterly update information on the companies posting here in this live blog
212% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.12 lakh
The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond (SGB) 2020-21 Series-VIII, allowing investors to redeem from May 18, 2026. A Rs 1 lakh investment in this SGB, issued at Rs 5,127 per gram, has grown to approximately Rs 3.12 lakh, yielding a 212.30% return.
England's new Renters Right Act offers tenants a 12-month eviction shield at tenancy start. Landlords cannot evict for personal use or sale during this period. New rules expand grounds for landlord possession, including tenant fault like rent arrears or antisocial behavior. Strict notice periods and court processes apply. This aims for tenant security and landlord flexibility.
Saturday bank holiday: Are banks open or closed today on May 16, 2026?
Banks in only one state will be closed today. For all other states, banks will operate as a regular working day, as they are typically closed only on the second and fourth Saturdays of the month.
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
Recent petrol price hikes across metropolitan cities and increased CNG costs in Delhi and Mumbai are impacting car owners. For those commuting 1,000 km monthly, the additional fuel expenses can range from a few hundred to a few thousand rupees. Despite the price adjustments, CNG cars continue to offer significant savings compared to petrol vehicles.
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.
5 mutual funds made a complete exit from 9 midcap stocks in April. Check details
Mutual funds exited nine midcap stocks in April. SBI Mutual Fund sold Uno Minda and Dabur India. Kotak Mutual Fund divested FSN E-Commerce. Nippon India Mutual Fund exited Havells India and Meesho. Quant Mutual Fund sold Dabur India, SBI Cards, and Lenskart Solutions. ICICI Prudential Mutual Fund sold Tube Investments and Tata Communications.
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.
Best aggressive hybrid mutual funds to invest in May 2026
Hybrid mutual funds, particularly aggressive hybrid schemes, are recommended for their resilience in volatile markets. These funds balance equity and debt, offering wealth creation potential with reduced risk. Experts suggest these schemes for conservative equity investors seeking long-term financial goals, highlighting their mixed portfolio and tax advantages.
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.
Rising import duty and PM Narendra Modis appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & Diamonds to promote gold recycling schemes. These schemes let customers exchange old jewellery for new items, with value based on purity and market prices. Companies use advanced XRF machines for accurate testing. Experts say even small-scale recycling can significantly cut Indias gold imports.
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.
Six equity mutual funds received inflows of over Rs 7,000 crore each in April, led by Parag Parikh Flexi Cap Fund and Nippon India Small Cap Fund. Strong investor participation boosted assets under management across flexi-cap, mid-cap, hybrid and small-cap categories during the month.
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
The Latest Fixed Deposit Interest Rates: May 08, 2026
The Latest Fixed Deposit Interest Rates: May 08, 2026
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.
Sebi plans broader use for intraday borrowing by MFs
The Securities and Exchange Board of India, Sebi, is proposing changes to how mutual funds use intraday borrowing. Currently limited to redemption payouts, Sebi wants to allow these borrowings as a cash management tool. This aims to improve fund management flexibility and returns by addressing timing mismatches in fund outflows and receivables.
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
India will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the Indian Cyber Crime Coordination Centre and the Reserve Bank of Indias Innovation Hub. This collaboration will help detect and block suspicious accounts faster. Consumers can expect safer digital transactions across UPI, online banking, and fintech platforms.
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.
