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Bajaj Group completes acquisition of 23% stake in insurance ventures from Allianz
Allianz SE says it will consider options for redeployment of the proceeds, including investments into its new joint ventures in India
Fusion Finance receives final call money on equity shares issued under its 800 cr rights issue
Capital adequacy set to improve after rights issue completion
Post-UIB acquisition, Edme sharpens focus on construction and reinsurance
Edme is also expanding overseas, with plans to open offices in Dubai, Singapore and London, and has entered climate risk advisory and parametric insurance solutions.
Exclusion from sharing, accessing credit info puts non-profit MFIs in a bit of a spot
Since the aforementioned MFIs (Section 8 companies) are not regulated entities, the central bank has told CICs that exchange of credit information is not permissible with the former under the Credit Information Companies (Regulation) Act (CICRA), 2005
NSE in talks with IGX to launch natural gas futures contract
India's National Stock Exchange is in discussions with Indian Gas Exchange, or IGX, to develop and launch Indian natural gas futures, the country's largest bourse said on Thursday.
This online platform now offers same-day international money transfers for overseas education payments, a significant improvement over previous multi-day processes. This aims to alleviate stress for students and parents facing strict university fee deadlines. Cashback offers are also available on eligible education transfers.
The Supreme Court has directed the government to increase the Employees' Provident Fund Organisation's (EPFO) wage ceiling of Rs 15,000 within four months. This move aims to bring more employees under the EPF umbrella, enhancing retirement savings and social security for a larger segment of the workforce.
Delhi HC stays order requiring second-level review of RBI ombudsman complaints
The single-judge order aimed to reduce mechanised rejection of complaints and improve consumer redressal
Indian markets extended losses as the Sensex slid 800 points and the Nifty broke key technical levels amid renewed US tariff concerns. Analysts advise caution, citing geopolitical risks and weak momentum, even as long-term fundamentals remain supportive.
India's insurance grievance system is buckling under pressure, with a significant surge in complaints, especially for health and general insurance. Claims disputes are the primary driver, with unresolved cases nearly doubling. While life insurance grievances remain stable, mis-selling concerns are rising, eroding trust.
7 tax-free income sources in India that can help you save big legally in 2026
Helios Flexi Cap Fund divested its entire stake in IndiGo and Urban Company in December. The fund significantly boosted its holdings in Physicswallah, adding over 21 lakh shares. Exposure also increased in 23 other stocks, including Adani Ports and RIL, while maintaining stakes in 44 existing investments.
NFO Alert: Bandhan Mutual Fund launches Arudha SIFs maiden strategy with Hybrid Long-Short Fund
Bandhan Mutual Fund launched its first SIF, Arudha Hybrid Long-Short Fund, targeting sophisticated investors. The interval strategy blends debt, money market instruments and market-neutral equity arbitrage, aiming for optimal returns, risk management and post-tax efficiency, with the NFO open January 922.
Five equity mutual funds delivered over 20% annualised SIP returns over the past decade. The list includes small-cap, mid-cap and ELSS funds, though investors are advised to align choices with risk profile, goals and investment horizon.
Chandigarh State Consumer Commission has ruled that restaurants cannot charge more than the Maximum Retail Price (MRP) for packaged water. A diner won a case against a restaurant for charging Rs 55 for a Rs 20 water bottle. The commission ordered the restaurant to refund the excess amount and pay Rs 3,000 in compensation for unfair trade practice.
Nabard Chairman offers to escalate employee demandsto appropriate levels
Agrees with AINBEA that flow of concessionary funds from RBI is mandatory to ensure welfare of poor
West Bengal Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (West Bengal) list of bank holidays in India for 2026 on businessline
A retired employee, Mr. Rao, has won a 13-year legal battle for unpaid salary and gratuity. The Andhra Pradesh High Court ruled that an employer's lack of funds is not a valid excuse for withholding statutory dues. The court directed the employer to pay the outstanding amount with 10% interest.
Axis Finance launches Vyapar business loan
Vyapar business loan aims to empower micro and small entrepreneurs across the retail, service and trading segments by offering loans of up to 10 lakh, flexible tenures and zero collateral requirements
Sebi extended the deadline for implementing additional mutual fund distributor incentives to March 1, 2026, citing challenges. The incentives target new investors from B-30 cities and new women investors, while all other provisions of the November 2025 circular remain unchanged.
Lower EMIs Ahead: Relief for HDFC Banks borrowers as lender cuts MCLR on certain tenures
Latest HDFC Bank interest rates: HDFC Bank has lowered its MCLR rates by up to 5 basis points on select loan tenures. This change will benefit borrowers with loans linked to this regime. The revised rates are effective from January 7, 2026. The bank's MCLR rates now range from 8.25% to 8.55% depending on the loan tenure.
Uttar Pradesh Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Uttar Pradesh) list of bank holidays in India for 2026 on businessline
Tripura Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Tripura) list of bank holidays in India for 2026 on businessline
Telangana Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Telangana) list of bank holidays in India for 2026 on businessline
Tamil Nadu Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Tamil Nadu) list of bank holidays in India for 2026 on businessline
Sikkim Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Sikkim) list of bank holidays in India for 2026 on businessline
NPS Vatsalya Scheme rules out: Govt reveals investment, withdrawal, exit, other key conditions
PFRDA has unveiled new guidelines for the NPS Vatsalya scheme, a plan for minors' contributions by parents and guardians. The circular details investment options, including equity up to 75%, and outlines partial withdrawal conditions for education or medical needs. It also clarifies exit strategies and continuation options upon the minor reaching adulthood.
Quant Small Cap Fund adds Adani Green Energy and 3 other stocks, exits LIC in December
Quant Small Cap Fund added Adani Green Energy, HDFC Life, Ravindra Energy and S.P. Apparels in December while fully exiting LIC. The fund also trimmed stakes in Reliance Industries and ONGC, according to its latest monthly portfolio disclosure.
Rajasthan Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Rajasthan) list of bank holidays in India for 2026 on businessline
What approach should investors take in gold and silver ETFs after sharp rally?
After a sharp rally, investors should adopt a cautious, staggered approach to gold and silver ETFs, focusing on allocation balance and long-term objectives rather than chasing short-term gains.
JioBlackRock Mutual Fund announces launch of two debt funds. Who should invest?
JioBlackRock Mutual Fund introduces two new debt funds, the Short Duration Fund and the Low Duration Fund. The new fund offers are currently open for investment and will close on January 13. These funds aim to generate income for investors with short-term horizons.
In your 20s, 40s, or 60s? How EPF, SIP or SCSS works out at different life stages
The ITAT Mumbai has ruled that cash received from a property sale cannot be treated as unexplained income if backed by proper records. However, this case involved a property sale in FY 2014-15 (AY 2015-16), when Section 269SS didn't cover property sale cash. Since FY 2015-16, stricter cash restrictions apply to property transactions.
Budget 2026: From tax relief to crypto clarity, what Indian taxpayers really, really want
ET Wealth Reader's Query: I am a 76-year-old Indian resident planning to sell a 37-year-old 3-guntha plot located within municipal corporation limits. The sale price has appreciated nearly 17 times over the original purchase price. To save on capital gains tax, can I reinvest the proceeds in a residential unit, a commercial shop, or a commercial office?
NFO Insight: Is Groww Small Cap Fund a smart bet amid market volatility?
Groww Mutual Fund has launched its new Small Cap Fund, focusing on long-term capital appreciation through a bottom-up stock selection process. Experts offer mixed views, with some suggesting caution due to current small-cap valuations and volatility, while others see potential for long-term investors willing to tolerate risk.
RBI intervenes again to support rupee, traders say
The rupee recovered to 89.8550 per US dollar from 89.9775 on back of the intervention
Best large & mid cap funds to invest in January 2026
If you have a long-term horizon and are willing to take a little extra risk, you may choose from our list of recommended large & mid cap schemes. Before proceeding to the recommendation list, here are some updates.
Angel One shares will be in focus on these 3 key developments. Heres everything you need to know
Angel One shares will be in focus as the board meets January 15. They will consider a stock split and an interim dividend for FY26. This comes with the announcement of December quarter update. The company also released its December business update showing mixed trends in client acquisition and order volumes. Angel One shares have started 2026 with a gain.
Wipro Share Price Live Updates: Wipro's Previous Day Closing Price
Bharti Airtel Share Price Live Updates: Bharti Airtel's Market Performance Yesterday
The Supreme Court has relieved a husband from jail in a dowry case. The court ruled that demanding gold ornaments during a child's Chhoochhak ceremony is not a dowry demand. While the conviction for cruelty under Section 498A IPC is upheld, the sentence for dowry death under Section 304B IPC is set aside.
New EPFO Rule: Govt's transgender ID card now valid proof for name, gender changes in EPF records
The Employees Provident Fund Organisation has eased the process for transgender members to update their records. A transgender identity certificate from the national portal is now a valid document for changing name and gender in EPF accounts.
Holding too many mutual funds doesn't mean better diversification, it often means investing in the same stocks through different MF schemes. Learn how to identify overlap, trim smartly using tax exemptions, and build a leaner portfolio that actually works harder for your money.
A gold trader successfully challenged a tax notice deeming his Rs 11 lakh sale of 350 grams of gold as an accommodation entry. Despite the tax department's claims, the Income Tax Appellate Tribunal (ITAT) Ahmedabad ruled in his favor, citing banking channel transactions and a lack of contrary evidence from the revenue.
Joshi to exercise powers and functions of GIC Re Chief for 3 more months
Hitesh Ramesh Chandra Joshi, who is currently Executive Director with the state-owned reinsurer, has been exercising the financial and administrative powers and functions of CMD of GIC Re since October 1, 2025
Aditya Birla Sunlife AMC says its chief investment officer Patil quits
Aditya Birla Sunlife Asset Management Company on Wednesday said that its chief investment officer, Mahesh Patil, has resigned.
Sebi extends timeline till Mar 1 to implement additional incentives structure for MF distributors
Markets regulator Sebi on Wednesday extended the timeline till March 1 for the implementation of an additional incentives structure for mutual fund distributors for onboarding new individual investors from B-30 cities and new women investors from any city.
Buying a house? Know the difference between carpet area, built-up area and super built-up area
Mizoram Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Mizoram) list of bank holidays in India for 2026 on businessline
What is an OCI Card and which documents are required for re-issuance of an OCI Card?
Income Tax Refunds Delay News: Taxpayers filing for FY 2024-25 are experiencing delayed refunds, though the Income Tax Department remains within statutory processing timelines. Delays often stem from high-value claims, pending demands, or simple taxpayer errors like claiming deductions not reported to employers.
NFO Monitor: Mahindra Manulife Mutual Fund launches innovation opportunities fund
The New Fund Offer opens on January 9 and will close on January 23, following which the scheme will reopen for ongoing transactions from February 2, 2026.
Manipur Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Manipur) list of bank holidays in India for 2026 on businessline
Citi, JPMorgan opt Out of $1.4 billion SBI Funds IPO on fees
Shareholders selling in the IPO State Bank of India and Frances Amundi SA offered fees of about 0.01% of the issue size, which bankers called rock bottom
Client Associates has set a December 2026 Sensex target of 93,918, implying 10% annual growth, while cautioning investors about elevated valuations and near-term earnings moderation, and highlighting gold and silver as strategic allocations amid global uncertainty
Mutual fund AUM-to-bank deposit ratio jumps 3x in 10 years. Whats driving the shift?
Indias mutual fund assets have surged nearly sevenfold in a decade, pushing the AUM-to-bank-deposit ratio above 33%, driven by lower deposit rates, rising incomes and a growing preference for market-linked investments, though India still trails developed markets.
Top 5 equity mutual funds that outperformed their benchmarks in 3 years
The Supreme Court has directed the central government to decide on increasing the EPF wage ceiling within four months. This comes after a plea highlighted that the current Rs 15,000 limit, unchanged since 2014, excludes many workers from social security benefits. The court asked the petitioner to submit a formal request to the government.
Why simplifying Rs 3 crore portfolio is crucial with retirement approaching? Expert answers
As retirement nears, even high-value portfolios can face risks if they are overly complex. Experts highlight the need to simplify strategies, rebalance equity exposure and focus on diversified mutual funds to protect wealth and align investments with clearly defined long-term goals.
Mutual fund commissions cut 25% of investor wealth in 80% of schemes over 10 years: Report
Based on the data as of March 2024, the study shows that regular plans continue to dominate assets, with 21.2% of regular investments held for over five years, compared to 7.7% in direct plans, underscoring the persistence of commission-led distribution despite sustained underperformance.
CMS Info Systems bags 1,000 crore ATM deal from SBI
It is a 10-year contract starting January 1, which includes managed services, improving cash efficiency, and delivering higher ATM uptime to benefit millions of bank customers
NFO Alert: Bank of India Mutual Fund launches banking & financial services fund
Bank of India Mutual Fund has launched the Bank of India Banking & Financial Services Fund, an open-ended equity scheme focused on BFSI stocks. The fund aims to capture Indias long-term financial sector growth through investments in banks, NBFCs, fintech, insurance and capital market companies, targeting long-term investors.
Recession tax planning: How salaried staff and freelancers must think differently
Rekha Jhunjhunwalas Titan holding soars to Rs 20,000 crore as stock hits fresh record high
Titan Companys strong December-quarter update drove its shares to a fresh record high, significantly boosting Rekha Jhunjhunwalas notional wealth. Robust growth across jewellery, watches, emerging categories and international markets, supported by premiumisation and store expansion, reinforced Titans leadership position and sustained positive investor sentiment.
LIC has launched Jeevan Utsav Single Premium, a non-par, non-linked plan offering guaranteed lifelong income and risk cover. Available from January 12, 2026, it provides guaranteed additions and two survival benefit options: Regular Income and Flexi Income. The plan also includes death and maturity benefits with attractive features like loan facility and optional riders.
SBI awards Rs 1,000-crore ATM management mandate to CMS
State Bank of India has awarded a significant Rs 1000 crore, 10-year contract to CMS Info Systems. This deal covers cash outsourcing for 5,000 ATMs across India. The agreement will enhance cash efficiency and ATM uptime for millions of customers. The project is set to begin in January 2026. This marks a major step in bank outsourcing.
Gold vs Silver ETFs: Where should investors deploy funds amid USVenezuela conflict?
As geopolitical risks surge, experts highlight why gold ETFs remain the portfolio anchor, offering stability and protection during global shocks. Silver ETFs, though more volatile, can enhance returns when industrial demand strengthens. A thoughtful blend of bothwithin a broader multi-asset strategycan help investors navigate uncertainty with greater resilience.
Best small cap mutual funds to invest in January 2026
Investing in small caps is not a childs play. You will have to find successful fund managers who specialise in small cap stocks. You should also pay attention to how the schemes fared during the market downturn.
Maruti Suzuki Share Price Live Updates: Maruti Suzuki Trading Update
UltraTech Cem Share Price Live Updates: UltraTech Cement Trading Update
TCS Share Price Live Updates: TCS Price Movement Analysis
Jio Financial Services Share Price Live Updates: Jio Financial Services Stock Details
Tech Mahindra Share Price Live Updates: Tech Mahindra Sees Positive Movement
Bajaj Finance Share Price Live Updates: Bajaj Finance Current Price Update
LTIMindtree Share Price Live Updates: Market Performance of LTIMindtree
Tata Consumer Share Price Live Updates: Tata Consumer's Stock Analysis
HCL Tech Share Price Live Updates: HCL Tech's Current Price and Market Performance
ITC Share Price Live Updates: ITC Current Trading Price
BPCL Share Price Live Updates: BPCL Trading Insights
Infosys Share Price Live Updates: Infosys Price Movement Analysis
Sun Pharma Share Price Live Updates: Sun Pharma's Recent Price Action
HUL Share Price Live Updates: HUL's Current Price Analysis
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Volume and Price Overview
Eicher Motors Share Price Live Updates: Eicher Motors Stock Performance Today
Coal India Share Price Live Updates: Coal India Trading Insights
The Income Tax Appellate Tribunal in Chandigarh has ruled that taxpayers can claim the Section 87A tax rebate on long-term capital gains from debt mutual funds. This decision overturns a tax demand of Rs 25,710 for a taxpayer. The tribunal clarified that the restriction on this rebate applies only to equity-oriented gains. Read more.
The Gujarat High Court quashed a Section 498A case against a husband's parents, citing vague allegations of them provoking their son to inflict torture. The court found no specific actions linked to the in-laws, deeming further proceedings a futile exercise and an abuse of process, thus granting them relief. Know how they won the case.
Will your SBI YONO app be blocked if you dont update your Aadhaar? Check reality
A viral WhatsApp message falsely claims SBI customers must download an APK to update Aadhaar KYC, warning of YONO app blockage. The PIB Fact Check team has debunked this as a scam, urging users not to download suspicious APKs or share personal information, as SBI never requests such updates via unofficial links.
