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RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY report

The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exporters as part of its Payments Vision 2028, according to an EY report, which identified cross-border payments as a key strategic priority for the next phase of India's digital payments growth.

The Economic Times 13 Jun 2026 2:22 pm

9 equity mutual fund categories attract inflows in May; flexicap funds lead the pack

Equity mutual fund inflows fell 40% in May to 22,907 crore. Flexicap, smallcap and midcap funds remained investor favourites, while ELSS and dividend yield funds recorded net outflows.

The Economic Times 13 Jun 2026 1:40 pm

HDFC Flexi Cap Fund among 8 equity mutual funds that saw inflows of over Rs 1,000 crore in May

Equity mutual funds continued attracting strong investor interest in May, with eight schemes receiving over Rs 1,000 crore each. HDFC Mid Cap Fund led inflows, while smallcap and midcap funds remained popular.

The Economic Times 13 Jun 2026 12:57 pm

Parag Parikh Flexi Cap Fund : ITC, HDFC Bank and Cipla among stocks bought and sold in May

Parag Parikh Flexi Cap Fund, India's largest active mutual fund, increased exposure to several banking and IT stocks in May, trimmed its holding in Cipla, and maintained a 14.77% cash allocation.

The Economic Times 13 Jun 2026 12:45 pm

Gold rate today (June 13, 2026): Check 24k, 22k and 18k gold jewellery rates from IBJA, Malabar Gold and Diamonds, Joyalukkas & Tanishq in Delhi, Mumbai and other cities

Gold prices saw an increase on Saturday, June 13, 2026, impacting leading Indian jewellery brands. Tanishq, Malabar Gold & Diamonds, and Joyalukkas reported higher rates for 22k gold jewellery across major cities. IBJA rates for June 12, 2026, also indicated a rise in gold and silver prices.

The Economic Times 13 Jun 2026 12:44 pm

7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and more

The Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fund Organisation, it provides monthly pensions, family pensions, and disablement pensions.

The Economic Times 13 Jun 2026 11:26 am

CPI in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risks

Yes Securities expects headline CPI for Q1FY27 to undershoot RBI's 4.2% forecast as the May print at 3.93% y-o-y and benign base effects keep the average low

The Hindu Businessline 13 Jun 2026 11:13 am

5 small savings schemes offering up to 8.2% interest rate in 2026: SCSS, PPF, NSC and more

Small savings schemes, popular for conservative investors, will retain their interest rates for the April-June 2026 quarter, offering returns up to 8.2% per annum. Schemes like SCSS and SSA provide attractive rates, while NSC, MIS, and PPF offer stable returns with tax benefits for long-term wealth creation.

The Economic Times 13 Jun 2026 9:50 am

Celebrities are buying land in temple cities; but should you follow suit and buy property?

Celebrities are investing in temple cities like Ayodhya, drawn by cultural significance and potential for long-term asset growth. These spiritual hubs are experiencing rapid infrastructure development and rising tourism, driving property appreciation. Individual buyers should research economic fundamentals and infrastructure pipelines rather than solely following celebrity trends.

The Economic Times 13 Jun 2026 7:01 am

Saturday bank holiday: Are banks open or closed today on June 13, 2026?

Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physical branches are shut, customers can still access various digital banking services for fund transfers, account management, and payments.

The Economic Times 13 Jun 2026 7:00 am

NCLT declares Congress MLC Naseer Ahmed insolvent over Rs 1,454 crore loan default

The ruling also triggers legal provisions that could disqualify him from holding elected office

The Hindu Businessline 13 Jun 2026 6:23 am

IRDAI cautions public on Stareureka Insurance Marketing firm

The IMFwas granted a Certificate of Registration (CoR) by the Insurance regulator to operate as an Insurance Marketing Firm (IMF) for the period from May 18, 2020 to May 17, 2023

The Hindu Businessline 12 Jun 2026 9:33 pm

Equirus Raghnall Insurance Broking expects 35% growth in FY27

The insurance broker and risk advisor has largely been focussing on strengthening relationships with mid-market and SME clients rather than pursuing growth purely through scale

The Hindu Businessline 12 Jun 2026 9:12 pm

RBI places Mogaveera Co-op Bank under Directions for 6 months

Bank permitted to allow depositors to withdraw up to 1 lakh; eligible depositors would be entitled to receive deposit insurance claim amount of their deposits up to a monetary ceiling of 5 lakh

The Hindu Businessline 12 Jun 2026 8:42 pm

The Latest Fixed Deposit Interest Rates: Jun 12, 2026

The Latest Fixed Deposit Interest Rates: Jun 12, 2026

The Hindu Businessline 12 Jun 2026 7:00 pm

The Latest Home Loan Interest Rates: Jun 12, 2026

The Latest Home Loan Interest Rates: Jun 12, 2026

The Hindu Businessline 12 Jun 2026 7:00 pm

CA tells why Rs 1 crore retirement corpus can be insufficient for you and how much you need

A Rs 1 crore retirement corpus is a 'trap', not a milestone, warns Chartered Accountant Nitin Kaushik. With 6% inflation, its purchasing power halves every 12 years, potentially leaving retirees below the poverty line. Kaushik advises targeting 35 times annual expenses for a realistic retirement fund, suggesting Rs 3.5 crore for Rs 10 lakh annual costs.

The Economic Times 12 Jun 2026 6:13 pm

Bollywood star Kriti Sanon, her mother and sister, sell Andheri West apartments for Rs 8.9 crore; check the Mumbai price trend

Bollywood actor Kriti Sanon, her mother Geeta Sanon, and sister Nupur Sanon have sold four apartments in Andheri West for Rs 8.9 crore. The family recorded a long-term capital gain of Rs 4.6 crore from this property sale. The transactions involved two units at Raheja Classique sold for Rs 3.23 crore each and two others for Rs 1.21 crore each.

The Economic Times 12 Jun 2026 4:32 pm

UPI and AI: 'Buy Rs 500 worth gold if price drops below Rs 16,000/g'; your wish is AI agent's command, and it can make UPI payments at your target price

The P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agents need a human authentication step, an MPIN, to make any payments. Pine Labs has removed this wall. It builds on UPIs existing mandate framework - UPI One Time Mandates (OTM) and Reserve Pay.

The Economic Times 12 Jun 2026 3:47 pm

SBI, Bank of Baroda eye first dollar bonds since RBI subsidy, sources say

The RBI said this week that external commercial borrowings with an average maturity of at least three years by state-run companies would qualify for a swap facility at a fixed rate of 1.5% per annum, compounded semi-annually

The Hindu Businessline 12 Jun 2026 3:32 pm

Motorcycle planted in road accident case for insurance claim from ICICI Lombard

According tothe insurer, a Special Investigation Team (SIT), which looked into a 2015 road accident case to claim insurance benefits illegally from ICICI Lombard, has revealed an implantation of the motorcycle

The Hindu Businessline 12 Jun 2026 3:28 pm

City Union Bank increases FCNR(B) deposit rates to 7.10%

The revised rate came into effect on June 10, 2026, and applies to NRI customers

The Hindu Businessline 12 Jun 2026 3:26 pm

Gold rate today (June 12, 2026): Check 24k, 22k and 18k gold jewellery rates from IBJA, Malabar Gold and Diamonds, Joyalukkas & Tanishq in Delhi, Mumbai and other cities

Today's gold price (24k, 22k, 18k): Gold and silver prices surged on Friday, June 12, 2026. This rise follows a rebound from previous day's lows. Experts attribute the increase to easing inflation worries and expectations of geopolitical stability. Leading Indian jewellery brands and IBJA reported higher rates. This marks a significant jump compared to the prior session, reflecting market optimism.

The Economic Times 12 Jun 2026 2:30 pm

Quant Small Cap Fund raises stake in Adani Enterprises and 8 others, trims in Aurobindo Pharma and 4 more

Quant Small Cap Fund increased exposure to Adani Enterprises and eight other stocks in May while reducing holdings in Aurobindo Pharma and four more. The fund also added six new stocks, exited three positions and maintained a defensive tilt through a higher large-cap allocation.

The Economic Times 12 Jun 2026 1:55 pm

7 mutual funds multiplied investors' wealth up to 20 times in two decades. Check the performers

Seven equity mutual funds turned long-term investments into 12-20 times their original value over 20 years. Midcap and flexicap funds dominated, with Nippon India Growth Mid Cap Fund leading wealth creation.

The Economic Times 12 Jun 2026 1:20 pm

MSME loan growth decelerates to 13% amid global headwinds; ECLGS 5.0 slated to cushion impact: Report

IIFL estimates the scheme could unlock 2.55 trillion in additional credit amid global headwinds.

The Hindu Businessline 12 Jun 2026 1:12 pm

GIFT City investment: Heres how resident Indians can invest in global stocks, ETFs, and mutual funds

Indian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financial Services Centre. This initiative bypasses domestic investment caps, offering various products with minimum investment thresholds starting from USD 5,000 for mutual funds and USD 150,000 for AIFs.

The Economic Times 12 Jun 2026 1:02 pm

Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise rates

FCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This follows the RBI's announcement to cover hedging costs for new 3 to 5-year deposits until September 2026. Axis Bank now offers up to 6% on these schemes for select tenures.

The Economic Times 12 Jun 2026 1:00 pm

US-based peer-to-peer payment gateway Zelle to expand services in India

Zelle enables financial institutions of all sizes to offer near-instant cross-border remittances through trusted banks and credit unions

The Hindu Businessline 12 Jun 2026 12:52 pm

Smaller lenders offer over 7% on USD deposits in bid to attract FCNR(B) deposit rates

This follows RBIs recent proposal aimed at boosting US dollar inflows

The Hindu Businessline 12 Jun 2026 12:22 pm

Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the players

The Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the operator's commission. This ruling impacts online rummy, fantasy sports, and casinos. The court confirmed the tax is on the entire stake, regardless of skill. This decision brings clarity to the industry after years of litigation.

The Economic Times 12 Jun 2026 12:09 pm

Returns from small savings schemes have beaten equity in last 2 years, but should you write off equities?

Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns of up to 8.2%. Despite short-term volatility in indices like Nifty 100 and Nifty Midcap 150, small savings schemes provide a reliable option for conservative investors. Equities, however, offer superior long-term wealth creation potential for those with a higher risk tolerance and a longer investment horizon.

The Economic Times 12 Jun 2026 11:49 am

Wealth Wisdom of the day: Big money is not in buying and selling. But in What you can learn from Charlie Mungers advice

Warren Buffett's business partner and the longtime Vice Chairman of Berkshire Hathaway - Munger passed away in November 2023, but his astute words continue to reverberate with the investing community. Munger had often spoken about patience when it comes to real wealth creation.

The Economic Times 12 Jun 2026 11:19 am

Sectoral and thematic fund inflows plunge 67% to Rs 647 crore. Are investors turning away from thematic bets?

Sectoral and thematic mutual fund inflows saw a significant drop in May, falling by 67%. This decline suggests investors are moving away from concentrated bets towards diversified strategies. Experts believe this trend reflects a natural shift during market uncertainty. While some sectors show strong performance, others lag, making sector selection challenging.

The Economic Times 12 Jun 2026 11:13 am

Gold and silver ETFs gain up to 5% on US-Iran peace hopes. Should investors add exposure now?

Gold and silver ETFs gained sharply on Friday as precious metal prices rallied amid optimism over a potential US-Iran peace agreement. Experts advise investors to maintain 510% portfolio exposure through Gold ETFs and silver funds, using a staggered investment approach and avoiding panic-driven decisions.

The Economic Times 12 Jun 2026 10:50 am

Best value funds to invest in June 2026

Value investing has dominated the Indian stock market, with value funds delivering strong returns while growth funds lagged. Investors are advised to understand the merits and demerits of this strategy, as it requires patience and may involve periods of underperformance. A maximum of 20% investment in value funds is recommended.

The Economic Times 12 Jun 2026 9:23 am

Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demands

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are now encountering self-assessment tax and interest liability while preparing to file their income tax returns. This article outlines five practical ways, including the use of Forms Nos. 122 and 124, through which salaried employees can avoid such tax shocks for Tax Year 2026-27.

The Economic Times 12 Jun 2026 7:11 am

Can you sell household items worth more than Rs 2 lakh in cash?Check the tax rules

A woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her favor, accepting her explanation for cash deposits from a property sale and sale of household items. The tribunal noted individual transactions for household items were below the Rs 2 lakh threshold.

The Economic Times 12 Jun 2026 7:00 am

Govt nominates DFS Secretary Lohiya on central boards of RBI and SBI

Lohiya nomination follows the superannuation of Nagaraju Maddirala

The Hindu Businessline 11 Jun 2026 8:36 pm

Attractive short-term interest rates trigger demand for short-term funds from banks and India Inc

Experts observed that the current softness in money market rates makes short-term funding attractive

The Hindu Businessline 11 Jun 2026 8:25 pm

India, Nepal launch cross-border remittance mechanism; links UPI, NPI

India and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instantly using mobile apps. This makes payments easier for travellers and businesses. It also boosts economic ties between the two nations. This initiative enhances financial inclusion and digital integration.

The Economic Times 11 Jun 2026 5:48 pm

Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delay

The Bombay High Court, in its ruling, said a builder cant indefinitely retain purchasers money while failing to deliver homes. For the delay, the HC ordered the Mumbai-based builder to pay interest at 10.05% per annum from February 1, 2014, to the buyers until the possession is handed over.

The Economic Times 11 Jun 2026 5:35 pm

HDFC Life pegs claim settlement ratio at 99.7% in FY26

HDFC Lifesays it is leveraging digital workflows, automation, AI-led validation, and analytics to simplify claims assessment and processing

The Hindu Businessline 11 Jun 2026 4:59 pm

SBI, ICICI, HDFC Bank raise FCNR(B) rates to tap NRI foreign currency deposits

The move follows the Reserve Bank of Indias foreign currency swap window announcement, which reduced the currency hedging cost for banks and enabled them to offer higher returns

The Hindu Businessline 11 Jun 2026 4:39 pm

SIF Inflows: Hybrid Long-Short Fund strategy contributes 70% to total flows since Oct 2024. Check details

Hybrid Long-Short Funds have dominated SIF inflows since October 2024, accounting for 72% of the total Rs 13,625 crore invested across strategies, according to ValueMetrics.

The Economic Times 11 Jun 2026 3:30 pm

Looking for best mutual funds to invest in? Here are the top 10 picks

Choosing mutual funds based only on online rankings or recent performance can be misleading. ETMutualFunds shortlisted 10 equity funds across five categories using rolling returns, consistency, downside risk, outperformance and asset size. Investors should select funds based on financial goals, investment horizon and risk appetite.

The Economic Times 11 Jun 2026 3:17 pm

NFO Alert: ICICI Prudential Mutual Fund launches Nifty Smallcap 250 ETF

ICICI Prudential Mutual Fund has launched the Nifty Smallcap 250 ETF, offering exposure to 250 emerging companies. The NFO is open till June 16. The passive fund aims to track the index with minimal cost, targeting investors seeking diversified, long-term participation in Indias growing smallcap segment.

The Economic Times 11 Jun 2026 3:07 pm

Parag Parikh Flexi Cap Fund raises stake in ITC, HDFC Bank and 14 other stocks in May

Parag Parikh Flexi Cap Fund, Indias largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, according to PPFAS Mutual Funds latest portfolio disclosure. The fund added 4.46 crore ITC shares, taking total holdings to 28.78 crore, while increasing its HDFC Bank position by 47.20 lakh shares.

The Economic Times 11 Jun 2026 2:31 pm

Today's gold, silver prices (June 11, 2026): Check 24k, 22k and 18k gold jewellery rates from IBJA, Malabar Gold and Diamonds, Joyalukkas & Tanishq in Delhi, Mumbai and other cities

Gold jewellery rate today: Gold prices experienced a downward trend on Thursday, June 11, 2026, with major jewelers implementing reduced rates per gram. This decline follows a sharp correction in bullion prices, impacting 22-karat, 24-karat, and 18-karat gold jewelry rates across major cities.

The Economic Times 11 Jun 2026 2:21 pm

Banks look to foreign funding to maximize RBIs bazooka

Lenders have sought clarity on using NRI deposits as collateral to help attract additional foreign capital under the RBIs latest scheme.

The Hindu Businessline 11 Jun 2026 2:19 pm

SAMCO Securities launches global investing platform through GIFT City

The platform will provide research coverage on more than 700 global securities, including constituents of the S&P 500, NASDAQ 100 and over 100 ETFs, SAMCO Group Founder and CEO Jimeet Modi said

The Hindu Businessline 11 Jun 2026 1:39 pm

HDFC Bank likely to emerge as key beneficiary of RBIs FCNR-B Revival: Jeffries

Jefferies says the lender was the largest mobiliser under the 2013 scheme, while fresh RBI measures could support foreign inflows and future growth

The Hindu Businessline 11 Jun 2026 12:59 pm

378% return on SGB premature redemption date: This gold bond has turned Rs 1 lakh investment into Rs 4.78 lakh

The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2019-20 Series-I. Investors can redeem these bonds from June 11, 2026. The redemption price is fixed at Rs 15,038 per unit. This offers investors a significant return of approximately 378% on their initial investment.

The Economic Times 11 Jun 2026 12:51 pm

Crisil upgrades long-term credit rating of Muthoot Microfin

The upgrade is expected to improve its access to diversified funding sources at competitive rates

The Hindu Businessline 11 Jun 2026 12:45 pm

Canara Bank, Bank of Baroda increase lending rates: Why loan EMIs for these borrowers may rise

Bank of Baroda and Canara Bank have raised their lending rates. These changes are effective from June 12, 2026. Loans linked to these rates will become more expensive. This follows the Reserve Bank of India's decision to maintain the repo rate. HDFC Bank also adjusted its MCLR rates recently.

The Economic Times 11 Jun 2026 12:33 pm

Are mutual fund investors losing interest in gold ETFs and multi asset allocation funds?

Gold ETFs and multi-asset allocation funds experienced a moderation in investor inflows last month, with gold ETFs seeing a net outflow of Rs 725 crore. Experts advise against over-interpreting single-month data, emphasizing long-term portfolio objectives and strategic asset allocation over short-term trends.

The Economic Times 11 Jun 2026 11:31 am

Gold, silver ETFs tumble up to 7% as US-Iran tensions and inflation fears hit sentiment. Time to buy the dip?

Gold and silver ETFs tumbled on Thursday as precious metal prices fell sharply amid heightened geopolitical tensions, rising crude oil prices and inflation concerns. SBI Gold ETF was the worst-hit gold fund, while silver ETFs also posted losses, prompting investors to reassess buying opportunities in the segment.

The Economic Times 11 Jun 2026 10:08 am

Best focused mutual funds to invest in June 2026

Focused equity mutual funds, investing in a maximum of 30 stocks, offer the potential for higher returns but also carry increased risk. These schemes require a higher risk appetite and a longer investment horizon of around seven years. Investors can explore recommended funds like 360 ONE Focused Equity Fund, SBI Focused Fund, Sundaram Focused Fund, and Quant Focused Fund.

The Economic Times 11 Jun 2026 9:52 am

Property buyers alert: Verify carpet area on UPRERA portal and dont buy apartment on the basis of super area, advises UPRERA Authority

UP RERA is strongly advising homebuyers to purchase properties based on carpet area, not super built-up area. This ensures buyers pay only for usable living space, as super area includes shared common facilities. Homebuyers can verify the carpet area on the UPRERA portal before making any investment decisions.

The Economic Times 11 Jun 2026 9:23 am

ITR filing 2026: 9 key checks every taxpayer must make for AY 202627

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sources being integrated into the Annual Information Statement (AIS) and used to cross-check taxpayer disclosures. In this environment, filing an accurate and complete ITR is essential to avoid refund delays, tax demands, penalties, compliance alerts and notices.

The Economic Times 11 Jun 2026 7:43 am

Daughter becomes co-owner of family property via oral arrangement; she files tenant eviction case and wins in Supreme Court

A daughter, a co-owner of family property through an oral arrangement, has won a tenant eviction case in the Supreme Court. The court ruled that co-owners are considered co-landlords under the Bombay Rents Act. This allows them to initiate eviction proceedings for genuine personal need. The ruling clarifies that exclusive ownership or formal partition is not required.

The Economic Times 11 Jun 2026 7:06 am

War-wary, May equity MF inflows fall 40% to year low

Equity mutual fund inflows experienced a significant 40% drop in May, reaching a 12-month low of 22,908 crore. This decline, the steepest since May 2023, occurred as investors reduced lump-sum investments due to escalating West Asia conflict concerns. Meanwhile, Systematic Investment Plan (SIP) flows remained robust, showing only a marginal decrease.

The Economic Times 11 Jun 2026 6:52 am

RBI may ask banks to adopt risk-based internal audit approach

The primary objective of RBIA is to provide the Board or its committees with reasonable assurance on the adequacy and effectiveness of the institutions risk management and internal control framework.

The Hindu Businessline 10 Jun 2026 10:16 pm

Banks raise MCLR amid tight liquidity

Canara Bank raised MCLR for overnight to six-month tenures by 5 bps, while leaving longer-tenure rates unchanged

The Hindu Businessline 10 Jun 2026 10:06 pm

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

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

The Hindu Businessline 10 Jun 2026 9:09 pm

RBI cancels registration certificates of 135 NBFCs

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

The Economic Times 10 Jun 2026 8:29 pm

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

Peak interest rates touch 7%, or thereabouts

The Hindu Businessline 10 Jun 2026 8:18 pm

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

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

The Economic Times 10 Jun 2026 5:08 pm

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

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

The Hindu Businessline 10 Jun 2026 4:46 pm

GIFT City opens applications for second fintech cohort to support early-stage start-ups

Selected participants to undergo three months of in-person residency at GIFT City, followed by three months of virtual support dedicated to product development, market validation, and ecosystem engagement

The Hindu Businessline 10 Jun 2026 4:36 pm

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

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

The Hindu Businessline 10 Jun 2026 3:56 pm

Sebi proposes consolidated disclosure norms for executive pay at AMCs

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

The Economic Times 10 Jun 2026 3:54 pm

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

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

The Economic Times 10 Jun 2026 3:48 pm

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

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

The Hindu Businessline 10 Jun 2026 3:46 pm

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

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

The Economic Times 10 Jun 2026 2:53 pm

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

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

The Hindu Businessline 10 Jun 2026 2:25 pm

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

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

The Economic Times 10 Jun 2026 2:18 pm

Is RBI replacing paper currency with plastic notes from June 30, 2026? Check details

Viral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Press Information Bureau's fact-check team has debunked these posts. The RBI is considering polymer currency but no final decision is made. Citizens should rely on official sources for currency information.

The Economic Times 10 Jun 2026 2:06 pm