10 C Personal Finance News
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Ace investor Ramesh Damani has picked up Rs 13 crore worth of John Cockerill India shares in a bulk deal on Friday, while promoter John Cockerill SA offloaded Rs 91 crore worth of stock. The shares were purchased at a price of Rs 4,704.45 apiece, a 1% discount from the Wednesday closing price of Rs 4755.40 on the BSE.
CICs seek RBI nod to use utility bill data for Grameen Credit Score
The move aims to improve credit assessment for rural borrowers and SHG members who often have limited or no formal credit history.
PNB said the amount of borrower fraud in the case of SEFL and SIFL stood at 1240.94 crore and 1193.06 crore, respectively.
Michael Bloomberg's quote: 'If you dont encounter setbacks in your career, if you dont have doubts and disappointments, let me tell you, youre not dreaming big enough,' encourages individuals to embrace challenges and step outside their comfort zones.
UTI Mutual Fund announces change in symbols of ETFs across NSE and BSE
UTI AMC has revised the trading symbols of select equity, debt, and commodity ETFs listed on NSE and BSE, effective December 24, 2025. The new naming convention adds a BETA suffix to improve clarity, consistency, and ease of identification, with no change to investment objectives or portfolios.
Tenants who illegally constructed two additional floors on a rented property in Shimla have been ordered to demolish them by the Himachal Pradesh High Court. The court ruled that rent payment does not confer ownership rights, and unauthorized construction without landlord or municipal permission is illegal. The landlords successfully proved their ownership and the tenants' violation of building norms.
GST exemption boosts health insurance coverage, average sum insured jumps 31%: Report
The report said that after the removal of GST, the average health insurance cover increased from 14.5 lakh in the pre-GST period to 19 lakh in the post-GST period
PAN Aadhaar Card link deadline: It is crucial to prevent your PAN from becoming inoperative. A deadline of December 31, 2025, is set for certain individuals. Failure to link by this date will result in your PAN becoming inactive from January 1, 2026. A Rs 1,000 penalty applies for late linkage.
Mutual fund AUM set to surpass Rs 300 trillion by 2035: ICRA Analytics
The Indian mutual fund industry continues its robust growth trajectory, with AUM rising to Rs 81 trillion by November 2025, driven by strong retail participation, SIP inflows, and digital adoption. Flexicap, multi-cap, and smallcap funds led equity growth, while debt and money market funds delivered steady returns. Industry outlook remains bullish.
Precious metals lead, mid caps power equity returns in 10 years
Gold and silver topped long-term returns over a decade, while equities across market caps created wealth with volatility and debt delivered steady performance.
The Income Tax Department has introduced a new online feature on its e-filing portal, allowing taxpayers to directly file rectification requests for specific tax orders with the relevant authority. This digital shift eliminates the previous manual and time-consuming process, streamlining corrections for Transfer Pricing, DRP, and Revision Orders. Read more.
Mutual fund AUM surge by 21% in 2025, passive funds lead the growth
Indias mutual fund industry recorded a 21% rise in assets under management in 2025, led by strong growth in passive funds, gold ETFs, hybrid schemes and equity funds, according to AMFI data.
2026 Investment Tips: Top 4 portfolio rules from market expert for New Year
After a challenging 2025 for equity investors, financial expert Mohit Gang, CEO of Moneyfront, outlines key strategies to strengthen portfolios and navigate the year ahead.The expert noted that the past year was a challenging one for some investors who had concentrated all of their investments in equities, especially in the high-risk mid- and small-cap stocks. Gang said that the large-cap stocks investors managed to get a little better, earning modest single-digit returns.
SGB final redemption date today: Rs 1 lakh investment in gold bond has soared to Rs 4.82 lakh
Sovereign Gold Bond final redemption: The Reserve Bank of India has set the final redemption price for Sovereign Gold Bond 2017-18 Series-XIII. This bond matures on December 26, 2025.
New train rates: Indian Railways announces revised passenger fares starting December 26, 2025. Increases vary by travel distance and train category. Sleeper and first-class ordinary tickets see a minimal 1 paisa per kilometre hike.
Want to take charge of your money? Start with the 50-30-20 rule
Silver ETFs deliver over 160% return in 2025. Is more shine left?
Silver ETFs have surged over 160% in 2025 amid record-high silver prices, driven by strong industrial demand, supply tightness, and safe-haven buying, with experts advising partial profit-booking and disciplined portfolio rebalancing.
Climate-proof your finances: 8 ways you can secure your savings, insurance and retirement income
Best medium duration mutual funds to invest in December 2025
As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, these schemes are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon.
The report said that beyond the first quarter, the RBI may conduct additional OMOs worth 2 lakh crore to 3 lakh crore during the rest of 2026
Indian residents can now invest in dollar-denominated mutual funds in GIFT City. This offers a way to diversify portfolios, especially with RBI restrictions on domestic overseas funds. Investments are made using the Liberalised Remittance Scheme. Taxation is handled at the fund level, not the investor level. This provides a new avenue for global investment opportunities.
Bank holiday today: Are banks open today on December 26, 2025, Friday for Christmas celebrations?
Bank holiday on December 26, 2025: Bank holidays in India vary significantly by state, especially during festive periods like Christmas. Customers should verify bank operating hours locally, as national and regional holidays, along with the second and fourth Saturdays, dictate closures.
ADB signs pacts with Pakistan for two projects worth $730 million
The Asian Development Bank has partnered with Pakistan for two significant projects totaling $730 million. These initiatives aim to bolster the nation's energy infrastructure and drive institutional reforms. The Power Transmission Strengthening Project will enhance electricity evacuation and grid resilience.
From speculation to structure: How 2025 reset crypto markets and set the tone for 2026
Looking ahead to 2026, volatility is unlikely to disappear. However, there will be compression. Price discovery may become steadier with increased institutional participation.
Indian financial institutions now using AI to drive revenue, not just efficiency
Post-pandemic digital adoption has accelerated AI-led customer engagement, onboarding and risk management
Flight bookings emerge as most preferred use of credit card reward points in 2025: Report
Overall reward efficiency improved sharply to 7 per cent in 2025, up from 2.2 per cent in 2024. Users aged 30-35 were the most financially savvy cohort, with an average optimisation rate of 11 per cent
Bank Holiday Today: Are banks open or closed on Christmas, December 25?
Bank Holiday Today:Banks across India are closed on Thursday, December 25, 2025, due to Christmas, a nationwide public holiday. All public sector and private sector bank branches will remain shut for the day.
NPS exit rules explained: 5 situations when non-govt subscribers can withdraw 80% lump sum
NPS reforms now allow non-government subscribers to withdraw up to 80% of their corpus under various conditions, a significant increase from the previous 60% limit. This change offers greater flexibility and liquidity at retirement, though clarity on the tax treatment of the enhanced withdrawal is still awaited.
The Madhya Pradesh High Court ruled that photos of adultery can be used as evidence in divorce cases, even without a Section 65B certificate. The court emphasized that the Indian Evidence Act is not strictly applied in matrimonial disputes, allowing Family Courts to consider all relevant evidence to ascertain the truth.
FoF schemes with ease of investing, tax advantage draw new investors
Investors are increasingly choosing fund-of-funds schemes. These schemes offer automatic diversification and professional management. They also provide tax efficiency, especially for long-term holdings. First-time investors find them appealing due to their simplicity. Fund-of-funds schemes invest in a mix of other mutual fund schemes. This approach simplifies investment decisions for many.
Why salaried employees are getting Income Tax Department intimations and what they should do now
The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who chose the old tax regime are receiving notices. They must review their Income Tax Returns and revise them by December 31, 2025. Failure to do so may lead to additional tax demands, interest, and penalties.
A plot buyer lost Rs 4.45 crore earnest money after failing to pay the balance amount for a DDA commercial plot. The Delhi High Court upheld the forfeiture. The court ruled that the 'as is where is basis' sale meant the DDA had no obligation to provide amenities like sewerage and water.
Bank holiday today on Christmas 2025: Will banks remain open on December 25, 2025? Check list
Planning bank visits for December 25, 2025? Think again. December 2025 features several state-specific holidays, so check the RBI calendar for potential closures.
ECL impact: Banks could hike loan rates, re-draw lending strategy, experts say
A senior PSU banker said loan rates may rise by 5-10 bps upon full implementation of ECL norms for large banks and higher for smaller and mid-size peers
RBI postpones implementation of Phase 2 of Cheque Truncation System
The Central bank said this is to allow more time for banks to streamline their operations. The Phase 2 of Continuous Clearing and Settlement on Realisation in CTS was to start on January 3, 2026.
G-Secs rally on RBIs liquidity infusion announcement worth 2.90 lakh cr
RBI to conduct open market operation (OMO) purchase of G-Sec aggregating 2 lakh crore and a USD/INR three-year Buy/Sell Swap auction of $10 billion
Does the OCI card expire? How to reissue or renew it? Check all the details
An OCI (Overseas Citizen of India) card remains valid for a lifetime, allowing its holders a multiple-entry lifelong visa for visiting India for any purpose. However, it has to be renewed from time to time.
Quote of the day by JP Morgan: Go as far as you can see; when you get there and
J.P. Morgan's quote: Go as far as you can see; when you get there, you'll be able to see farther, emphasizes the power of action and experience in personal and professional growth.
Income tax refund delayed: Taxpayers claiming incorrect refunds face potential delays in their income tax refunds. The Income Tax Department is notifying individuals with discrepancies in their filed returns, urging them to file a revised ITR by December 31, 2025.
Is your PAN active? What will happen if you miss to link PAN Aadhaar after December 31
PAN Aadhaar Link Status:According to the ITR department, both registered and unregistered users can link their Aadhaar and PAN on the e-filing portal, even without logging in. You can use the quick link Link Aadhaar on the e-Filing home page to link Aadhaar and PAN.
Gold vs Silver: Which metal is poised to deliver higher return in year 2026? Heres what experts say
Gold price vs silver price in 2026: Precious metals gold and silver delivered exceptional returns in 2025, with silver outperforming gold significantly. Experts anticipate continued positive performance in 2026, driven by factors like central bank buying, industrial demand, and economic uncertainty. While both metals are expected to rise, silver may continue to outperform gold on a percentage basis.
PAN Aadhaar link deadline: Linking your PAN with Aadhaar is crucial by December 31, 2025, to prevent your PAN from becoming inoperative from January 1, 2026. Losing your PAN card or forgetting its number can be stressful.
ET Wealth Reader's Query: I am currently employed in India and work for a US-based company, with my salary paid in INR and credited to my Indian bank account. My employer has asked me to continue in the same role while working from the US, with salary to be credited to my Indian account. Will this arrangement be valid once my residential status changes to NRI?
Are you travelling to tick off a checklist or investing in experiences that stay with you?
Lumpsum investments disappoint many MF investors in 2025. Will 2026 be different?
Lumpsum mutual fund investments in 2025 yielded mixed results, with some schemes delivering negative returns up to 20%. This divergence highlights timing risk in volatile markets. While SIPs offered a less volatile approach, selective lumpsum investments in 2026, particularly in large and flexi-cap funds, are advised.
The BSE Sensex has achieved remarkable wealth creation over four decades. It has grown from a modest start to a lifetime high, transforming into a democratized wealth engine for millions. This journey reflects India's economic transformation and its rise as a global powerhouse. The Sensex has become a true barometer of the Indian economy.
Sensex gains over 100 pts, Nifty tops 26,200 on US economic growth optimism
Indian stocks edged higher on Wednesday, with the Sensex and Nifty steadying after a flat close. Stronger U.S. economic growth data boosted risk appetite, though foreign fund outflows and thin year-end trading volumes tempered the optimism.
Mukul Agrawal: The star investor who found 5 multibaggers in 2025 when others barely had any
Despite a challenging market in 2025 that saw many portfolios decline, investor Mukul Agrawal's equity holdings featured five multibagger stocks. While his overall portfolio saw a slight dip, these select companies delivered significant returns, outperforming the broader market slump in small-cap stocks.
Vietnam's stock market rises on signs of smooth power transition
Vietnam's stock market hit a record high, extending its weekly rally as investors reacted positively to signs of political stability. A senior Communist Party meeting agreed on candidates for the next leadership, with party chief To Lam widely expected to retain his powerful post.
Cholamandalam Investment and Finance Company shares are set to be in focus after the company rejected allegations of governance lapses, reaffirmed its guidance and highlighted strong liquidity and capital buffers. Brokerages including Motilal Oswal, Morgan Stanley and Jefferies reiterated their positive stance, citing improving disbursements and resilient fundamentals.
Goldman Sachs has initiated coverage on PhysicsWallah with a Neutral rating and a 135 target price, citing strong execution and a large market opportunity. It expects 24% revenue CAGR and over 80% EBITDA CAGR during FY2530, driven by organic traffic, a stable competitive landscape, and a scalable pricing model.
Hindustan Zinc shares jump 4% as silver prices breach $72 mark, rally over 140% in 2025
Hindustan Zinc shares: Silver prices hit record highs above $72/oz, up over 140% in 2025. The surge is driven by strong industrial demand, supply constraints, safe-haven buying, and expectations of looser US monetary policy, with MCX silver also touching fresh all-time highs in India.
Small spending habits that are costing you big money in the long run
Ambuja Cements among 5 F&O stocks that saw a high increase in futures open interest
As of December 23, five stocks in the NSE F&O segment recorded a sharp rise in futures open interest, signalling fresh derivatives activity. A rise in open interest reflects increasing participation, with traders either initiating new positions or expanding existing exposure, pointing to stronger conviction on near-term price direction.
Coal India shares jump over 1% after in-principle nod for listing of MCL, SECL
Coal India share price: In a significant boost for investors, Coal India has seen its shares gain traction after the announcement of plans to list its subsidiaries, Mahanadi Coalfields Limited and South Eastern Coalfields Limited. This strategic initiative aligns with directives from the Ministry of Coal, paving the way for further communications with the Ministry regarding submissions to DIPAM.
Your savings account is costing you money? Heres where idle cash should go instead
Delhi High Court has declared electricity a fundamental right. A tenant's power supply cannot be cut off due to a dispute with the landlord. BSES Rajdhani must restore electricity to a tenant's property. The court ordered the power company to visit the premises and restore the connection. Tenants must pay bills. Landlords cannot obstruct reconnection.
Online EPF withdrawal gets easier in 2026: Know how and when you can take money out
EPFO simplified EPF withdrawal rules in 2025, reducing categories to Essential Needs, Housing Needs, and Special Circumstances. While full withdrawals are possible for retirement, unemployment, or permanent disability, partial withdrawals are allowed for emergencies, education, marriage, and housing needs after specific service periods. Understanding tax implications, especially the 5-year service rule for tax-free withdrawals, is crucial.
The Allahabad High Court has ruled a woman cannot claim maintenance from a man she lived with for ten years if she was still legally married to another. The court stated that cohabitation, even with public acknowledgment, does not grant the legal status of a wife. This decision upholds the sanctity of marriage and Section 125 of the CrPC.
Confused about bank operations during the Christmas season? In 2025, banks will be closed on December 24th in Mizoram, Nagaland, and Meghalaya for Christmas Eve. Nationwide, all banks will observe a holiday on December 25th for Christmas, with other state-specific holidays also impacting December banking schedules.
Aavas Financiers to mop up 975 cr via NCD issuance to a multilateral institution
The NCD issuance will be in two tranches, comprising three series
Last date to link PAN with Aadhaar December 31: Income tax warns of deactivation, Rs 1,000 penalty
PAN holders must link their PAN with Aadhaar by December 31 or face deactivation and a penalty of Rs 1,000. A cancelled PAN can block bank transactions, credit cards, investments and income tax refunds. Here is why the deadline matters and how to avoid last-minute trouble.
RBI announces 2 lakh crore OMO, $10 billion dollar swap to boost liquidity
The measures follow a liquidity deficit of 54,852 crore as of December 22, driven by advance tax outflows.
Bank of India raises 10,000 crore via long-term infrastructure bonds
The funds raised will be deployed to finance long-term infrastructure projects and affordable housing, in line with RBI guidelines.
8th Pay Commission from January 1, 2026? Why central employees may not see higher pay till 2028
The 8th Pay Commission is due from January 1, 2026, marking the end of the 7th Pay Commission cycle. However, experts say revised salaries may only be implemented around 2028 after the panel submits its report and the government clears the recommendations. A fitment factor of around 1.92 is seen as the most practical, which could raise the minimum basic pay from Rs 18,000 to about Rs 34,560. Dearness Allowance, likely to be around 60 to 65 per cent by 2026, will be adjusted into the new pay and then reset to zero. Employees can also expect arrears for the delay period, making the eventual payout significant.
The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE campaign, the department is sending emails and SMS messages. Taxpayers are urged to review their Income Tax Returns and make corrections by December 31, 2025. This voluntary review aims to prevent future inquiries and penalties, as per the Income Tax Department.
Will the Income Tax Department be able to access your social media and emails from April 1, 2026?
A viral social media claim that the Income Tax Department will access private digital accounts from April 1, 2026, to curb tax evasion has been debunked by the PIB Fact Check team. The department's powers are strictly limited to search and survey operations for significant tax evasion, not routine processing or law-abiding citizens.
Found anomalies in your EPS remittances? EPFO explains how you can get refund for wrong contribution
Employers are making mistakes with Employees Pension Scheme contributions. Some members are wrongly included, while eligible ones are excluded. The Employees Provident Fund Organisation has released new guidelines. These will help field offices correct these errors. The aim is to ensure members receive their rightful pension benefits. This will streamline service delivery for all.
As more Indians relocate abroad, the demand for international money transfers is rising for various purposes like education and investments. Understanding the costs involved, including exchange rates, fees, and taxes, is crucial. This article reviews prominent online platforms like Niyo, Thomas Cook, and BookMyForex to help users save time and money on remittances.
A retired Punjab IPS officer tragically attempted suicide after losing 8.1 crore to a sophisticated stock market scam. Posing as DBS wealth managers, fraudsters lured him with promises of high returns, leading him to invest his savings and borrow heavily. Despite paying hefty fees, his money vanished, highlighting the vulnerability even to educated individuals.
Govt scraps mandatory probate of wills: Is voluntary probate still a smart move?
The Indian government has removed the mandatory requirement for probate of wills. This change simplifies succession planning for Hindus, Buddhists, Sikhs, Jains, and Parsis. While no longer legally compulsory, voluntary probate still offers crucial judicial confirmation of a will's validity. This is especially important for complex estates or strained family relationships.
Bankers urge RBI action as rupee forward premiums hit multi-year highs
Outsized moves in the forward market intensified over the last week as the dollar glut collided with regulatory and balance-sheet constraints, leading to a spike in premiums
Credit Card issuance declines in Q2FY26 amid slowing consumer credit growth: JM Financial
India's credit card growth is slowing. New card issuances have dropped significantly. Private banks are increasing their market share in credit cards. Meanwhile, public sector banks are gaining ground in personal, home, and auto loans. This shift indicates evolving trends in consumer credit across different banking sectors.
Central government employees and pensioners anticipate a substantial pay hike with the 8th Pay Commission. A fitment factor of 2.15 could double basic salaries. This revision, likely effective from January 1, 2026, will also boost allowances and pension benefits. The government may take up to two years to approve these recommendations, leading to arrears for employees.
ET Wealth Reader's Query: Im 45 and have a brother and a sister. Our family partition deed, signed in 2011 by me, my father, and brother, was not notarised and the original is lost. If my mother passes away first, how will my parents' properties devolve?
LIC Housing Finance cuts home loan rates: How do revised rates compare with SBI home loans?
LIC Housing Finance has slashed its home loan interest rates, with the lowest starting at 7.15% for borrowers with a CIBIL score of 825 and above. This move offers a competitive edge, as it is marginally lower than SBI's starting rate of 7.25% for standard home loans. The revised rates are tiered based on CIBIL scores and loan amounts.
To achieve goals or create wealth, the important ingredients are patience, discipline, and consistent investment with a long-term focus. The most important thing is to find the right mix of assets in your portfolio, with appropriate tenure and liquidity, to meet short to medium-term goals.
Flexi cap funds attracted Rs 70,959 crore in 2025 as investors sought flexibility in a volatile market. Experts say the categorys appeal lies in fund managers ability to shift between large, mid and small caps as conditions change. SIPs and long-term horizons remain key for investors using flexi caps as core equity holdings.
Best gilt mutual funds to invest in December 2025
Gilt mutual funds may deliver strong gains when the RBI begins cutting interest rates, but they are highly sensitive and suited only for informed, risk-taking debt investors. Gilt funds are debt mutual funds that invest in government securities or G-secs. As per Sebi norms, these schemes must invest 80% of their corpus in government securities.
How to invest in stocks through a SIP: A step-by-step guide for first-time investors
Employer cant deny NOC for passport due to pending disciplinary proceedings: Odisha High Court
The employee had three disciplinary proceedings pending against him; he sought an NOC for a passport to visit his daughter in Singapore, but his request was denied. He subsequently filed a case and won in the Odisha High Court. He was represented by Advocates S. Mallik, P.C. Das, M. Mallik, and A.P. Mohanty.
Retiring soon? These tax changes will directly effect your income and savings
Should investors consider Nifty Next 50 Index fund for their portfolio?
Investors can consider the Nifty Next 50 Index fund for a contrarian investment. Its recent underperformance compared to Nifty 50, coupled with attractive valuations, presents an opportunity. The index offers exposure to high growth sectors and a unique risk-return profile. Wealth managers suggest staggering investments over the next three months, potentially accumulating during market corrections.
Mission and vision match led to Shriram Finance-MUFG deal, says MUFG official
MUFGs Yasushi Itagaki credits shared vision with Shriram Finance for Indias largest FDI in the BFSI sector
HDFC Bank Parivartans HRDP boosts women farmers income in Madhya Pradesh
The project focuses on sustainable agriculture, crop diversification, and women-led livelihood enhancement
Share of non-bank sources in incremental funding to commercial sector goes up to 45% from 43%
Non-bank funding to the commercial sector rises to 45%, highlighting strong growth in financial resources during FY2026.
The new directions aim to address customer grievances arising from inconsistent practices and restrictive clauses in loan agreements, particularly affecting MSEs
We dont aspire to become a bank, just yet, Shriram Finance CEO says
In conversation with Parag Sharma, MD and CEO, Shriram Finance, on the MUFG Bank deal,
