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Skydo receives RBI authorisation to operate as cross-border payments aggregator
NPST, Infinity Infoway launch ERP-linked prepaid card for schools, transport firms
The solution, backed by NSDL Payment Bank, will be rolled out pan-India in phases.
Bank of Baroda to set up wholly-owned subsidiary to undertake standalone primary dealership business
The SPD business will be established subject to other regulatory approvals
More commission payments: 23 insurers under IRDAIs lens for exceeding expenses
Surge in commission payments is driven by the private insurers in life and non-life business
Are you reviewing your personal finances the right way?
Many women beneficiaries of the Mukhyamantri Majhi Ladki Bahin scheme have completed their e-KYC but are yet to receive their December installment. With January 2026 underway, beneficiaries are also waiting for the current month's payment. The government has not announced the disbursal date, causing confusion among recipients.
December saw 23 open-ended mutual fund NFOs raise Rs 4,074 crore, led by Abakkus Flexi Caps Rs 2,468 crore haul, while sectoral, arbitrage, small-cap, index, ETF, liquid and gold funds drew modest investor interest amid selective risk appetite in December.
NaBFID boosts derivatives use as falling rates squeeze margins
The infra lender has entered into swap transactions with global banks to offset the mismatch between floating-rate loans and fixed borrowing costs after RBI rate cuts.
We are partners in the nations development. So, we have to work together to strike the right balance between growth and systemic stability on one hand and responsible innovation and consumer protection on the other, he said
Bain's Manappuram deal delayed by Indian regulatory concerns, sources say
Shares in Manappuram slid on the news, extending losses to be last down 5%
Senior citizens can manage their Fixed Deposit interest income effectively. Banks deduct Tax Deducted at Source (TDS) on interest exceeding certain limits. However, strategic investment planning across multiple banks can prevent TDS. Additionally, eligible senior citizens can submit Form 15H to avoid TDS if their total tax payable is nil. This allows for better management of retirement income.
Budget 2026: Previous years tax cuts spur hope for more
Anticipation builds for Budget 2026 as taxpayers hope for more tax cuts and relief amid economic recovery and low inflation
Mutual fund inflows touch Rs 8 lakh crore in 2025; flexicap funds attract Rs 80,000 crore
Mutual funds saw strong investor interest in 2025. Open-ended funds attracted over Rs 7.9 lakh crore. Equity schemes were popular, with flexicap funds leading inflows. Debt and hybrid funds also saw significant investments. Passive funds, including ETFs and index funds, garnered substantial inflows. The total assets under management for open-ended schemes grew by 20%.
PM Kisan beneficiaries can expect the 22nd instalment between March and April 2026. Each payment will be Rs 2,000. Completing eKYC is crucial to receive funds directly into Aadhaar-seeded bank accounts. Farmers can use OTP, biometrics, or face authentication for eKYC.
ICICI Bank Credit Card rule changes from January 15, 2026: Check new fees and benefits
ICICI Bank is updating its credit card offerings. New rules for rewards, benefits, and fees will take effect on January 15, 2026. Cardholders should review changes to reward points, BookMyShow benefits, and various transaction fees. These revisions will affect spending habits and how cardholders earn rewards. Specific changes apply to cards like Emeralde Metal and Times Black.
Japan's Nikkei rises as Uniqlo owner jumps on earnings, automakers gain
Japan's Nikkei share average closed higher on Friday. Fast Retailing's strong earnings fueled the rise. Automakers also saw gains due to a weaker yen and relief over China's export policy. The Nikkei climbed significantly for the week. Investors are now focused on US jobs data and its impact on monetary policy. Yaskawa Electric's results are also anticipated.
Why is the stock market falling? Indian equities extended losses for a fifth straight session, as global trade tensions and uncertainty over U.S. tariffs kept investors cautious. Markets are focused on the U.S. Supreme Court verdict on Trumps tariffs, which could have a major impact on IndiaU.S. trade relations and domestic market sentiment.
Delhi High Court raps Income Tax Dept over 8-year delay, in tax refund and thus orders Rs 5.37 crore tax refund with interest to Microsoft India; warns Rs 1 lakh personal cost on on Deputy Commissioner if deadline missed. Read below to what else Delhi High Court said to Income Tax Department.
New NPS, EPF rules explained: Key updates that will impact your retirement corpus
Policymakers rolled out a series of reforms to address long-standing pain points for EPF and NPS subscribers, such as rigid withdrawal rules, paperwork-heavy processes, and limited flexibility in managing retirement savings.
CDSL Ventures registers over 10 crore KYC record
It is the first KYC Registration Agency in India and has been instrumental in establishing a centralized KYC system for the securities market
Parag Parikh Flexi Cap Fund raises stake in ITC, 10 others; trims Infosys exposure in Dec
Parag Parikh Flexi Cap Fund boosted its holdings in ITC and ten other stocks during December, notably adding significant stakes in Power Grid Corporation and HDFC Bank. The fund also introduced The Great Eastern Shipping Company to its portfolio. Meanwhile, exposure to Infosys was reduced, with no complete exits reported.
The Delhi High Court has backed a Labour Court's decision regarding a terminated employee. The company must either reinstate the worker with back pay or provide a Rs 3 lakh compensation. The court found the termination illegal due to the company's failure to follow mandatory procedures and produce crucial employment records.
Investing in 2026? This simple ETF vs index fund test tells you what to buy
AMFI Data: Mutual fund SIP inflows surge to record Rs 31,002 crore in December
Mutual fund SIP inflows reached a record high of over Rs 31,000 crore in December. This marks a significant increase, showing disciplined investor participation. Investors are using market dips to increase investments. The trend indicates a growing financialization of savings in India. More investors are expected to join mutual funds, driving SIP numbers higher.
A homebuyer who opted to continue with a delayed housing project in Chandigarh will only receive RERA-mandated interest compensation for the delay. Punjab RERA ruled that additional compensation for rent, legal fees, or mental distress is not permissible if the allottee chooses to stay with the project instead of withdrawing.
PF withdrawal rules: Know service period, 75% limit and unemployment benefits
AMFI Data: Equity mutual fund inflows dip 6% to Rs 28,054 crore in December
Equity mutual fund inflows dipped 6% to Rs 28,054 crore in December, marking a 32% year-on-year decline. Despite this, flexi-cap funds achieved a record high of Rs 10,019 crore in inflows, leading the pack among the 11 sub-categories. Overall, 2025 saw Rs 3.03 lakh crore invested in equity mutual funds.
MF Tracker: Axis Large Cap Fund turns Rs 10,000 SIP to Rs 58 lakh in 16 years
Axis Large Cap Fund has turned a Rs 10,000 monthly SIP into Rs 58.71 lakh over 16 years, ETMutualFunds analysis shows. Despite periods of underperformance, the large-cap scheme has delivered steady long-term returns. Experts say its quality-focused approach and stability make it a suitable option in todays volatile markets.
Midcap multibagger stock tumbles 13% as Q3 net profit drops 33% to Rs 72 crore
Elecon Engineering Company's shares plunged 13.2% after reporting a 33% drop in Q3 FY26 net profit to Rs 72 crore, despite a marginal 4.3% revenue increase. The company cited order inflow delays and increased employee costs impacting EBITDA margins. However, management expressed confidence in future recovery due to healthy open orders and steady demand from key domestic and overseas industries.
Best tax saving mutual funds or ELSS to invest in January 2026
Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, especially if you are a first-time investor in equity mutual funds. Compared to your usual investments like Public Provident Fund or National Savings Certificate, etc,
Coal India Share Price Live Updates: Coal India shows impressive monthly returns
Gold and silver prices saw record highs in 2025. Global factors like central bank buying and geopolitical risks drove these surges. Indian demand remained steady but did not lead the price increases. High prices are now influencing consumer buying patterns. Investors are watching for potential portfolio rebalancing impacts in the new year.
The Delhi High Court ruled that a wife, despite concealing her dual MBA income, is entitled to maintenance for accommodation under the Domestic Violence Act. The court acknowledged her suppressed income but prioritized her right to secure a safe residence for herself and their child, modifying the interim maintenance order.
Can you still exchange Rs 2000 notes in 2026? The answer may surprise you
Can you still exchange Rs 2000 notes in 2026? With 98% already returned, here's what you need to know before your options disappear.
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
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.
SBI FD interest rates 2026: Special schemes for seniors, super seniors and high-value deposits
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.
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.
Uttarakhand Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Uttarakhand) list of bank holidays in India for 2026 on businessline
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.
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
A remarried widow has won a significant case in the Kerala High Court. She was denied a job on compassionate grounds after her husband's death due to her remarriage. The court ruled that her remarriage does not disqualify her from receiving this employment. This decision upholds her statutory right to compassionate appointment.
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.
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.
Credit card rewards can trigger income tax notice: Avoid these red-flag transactions
Credit card usage has surged due to rewards, cashback, and milestone perks. When credit card expenses seem too high, circular, or dont match declared income, they raise red flags.
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.
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.
Shriram Finance shares in focus as board mulls Rs 39,618 crore funding from MUFG
Shriram Finance shares are in focus ahead of an EGM on January 14, where shareholders will vote on a Rs 39,618 crore capital infusion from Japan's MUFG Bank. The deal involves a 20% stake dilution via preferential allotment. Proxy advisors ISS and InGovern recommend voting in favor, citing fair pricing and safeguards.
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.
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.
Strong Q3 sales and rising gold demand lift jewellery stocks
Gold jewellery stocks surged on Wednesday. Titan Company, Kalyan Jewellers India, and Senco Gold reported strong third-quarter sales. This positive market sentiment is expected to continue. Analysts point to rising gold prices and consistent sales growth as key drivers. Titan's jewellery business grew 41% year-on-year. Senco's revenue was up 51%. Kalyan Jewellers saw consolidated revenue growth of approximately 42%.
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.
Meghalaya Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Meghalaya) list of bank holidays in India for 2026 on businessline
Manipur Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Manipur) list of bank holidays in India for 2026 on businessline
