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ED arrests former ADAG executive Amitabh Jhunjhunwala in bank loan fraud case
The probe involves alleged diversion of loans through shell companies linked to Reliance Home Finance and Reliance Commercial Finance
Satin Growth Alternatives launches debut 200 cr fund
The fund has an average ticket size of 4-5 crore going up to 10 crore
C-D ratio of banks widens to 255 bps
Credit and deposit growth of these banks stood at 15.96 per cent and 13.41 per cent, respectively.
Indias non-life insurance sector grows 9.2% in FY26, health insurers lead
While general insurers saw moderate growth, standalone health insurers led the expansion with a sharp 19.8% rise, supported by favourable policy measures like GST waivers.
RBI gives operational flexibility to NBFCs for branch expansion
The Reserve Bank of India has eased rules for non-banking financial companies. NBFCs can now open branches without prior approval in most situations. This change aims to simplify business operations. Deposit-taking NBFCs have specific conditions based on their net owned funds and credit ratings for opening branches or appointing agents.
RBI allows NBFCs, including gold loan companies, to open branches without prior approval
This move is to facilitate ease of doing business while ensuring necessary regulatory compliance, going by the Reserve Bank of India (Non-Banking Financial Companies Branch Authorisation) Amendment Directions, 2026
Trump threatens to fire Powell if the Fed Chair decides to stay on after his term ends next month
The remarks signal potential tensions over leadership at the central bank
LPL Financial opens Global Capability Centre in Hyderabad
As part of LPLs global operating model, the GCC is expected to enhance advisor and client support, accelerate innovation, and strengthen platform stability and operational resilience
Shriram Finance arm gets RBI nod to start primary dealer business
The approval is subject to certain conditions
How Binance is bringing 24/7 trading to traditional markets
With TradFi Perpetual Contracts, Binance has introduced round-the-clock trading for stocks, commodities, and indices. A look at why this matters, and what it means for Indian retail investors.
SIP portfolio under pressure? Heres how to plan for a Rs 3-4 crore retirement corpus
A 34-year-old investor's Rs 30,000 monthly SIP portfolio, despite diversification, has seen short-term losses amid market volatility. Experts advise a more aggressive equity allocation and disciplined investing to achieve a Rs 3-4 crore retirement corpus by age 56, emphasizing compounding and regular reviews.
NFO Alert: SBI Mutual Fund launches two constant maturity index funds in financial services
SBI Mutual Fund has launched two new passive debt index funds, targeting short-term investment needs in the financial services sector. These funds, SBI CRISILIBX Financial Services 36 Months Debt Index Fund and SBI CRISILIBX Financial Services 912 Months Debt Index Fund, offer transparent, low-cost solutions. The NFO is open until April 20, with a minimum investment of Rs 5,000.
Gold prices are climbing ahead of Akshaya Tritiya on April 19, 2026, a highly auspicious day for buying precious metals. Leading jewelers like Tanishq and Kalyan Jewellers have seen a rise in 22k gold rates. IBJA's indicative rates also show an upward trend for various gold karats and silver, signaling increased demand.
Akshaya Tritiya 2026: Jewellery brands are launching special offers for Akshaya Tritiya 2026. Customers can avail pre-booking schemes, cashback, and gold rate protection plans. These schemes allow buyers to lock in gold prices or benefit from lower rates.
The Wealth Company MF unveils SIF brand, launches two funds with differentiated strategies
The Wealth Company Mutual Fund, part of the Pantomath Group, has launched its SIF brand WSIF along with two new funds featuring differentiated long-short strategies. The new fund offerings aim to combine equity investing with tactical hedging approaches, marking the fund houses entry into the emerging Specialised Investment Funds category.
PPF interest rate 2026: Has the government revised interest for April-June quarter?
AMFI reshuffle: Mazagon Dock, GAIL may slip to midcap; Vodafone Idea eyes largecap upgrade
Mazagon Dock Shipbuilders and GAIL are among eight stocks that may be downgraded to the midcap category, while Vodafone Idea, currently a midcap, could be upgraded to the largecap segment in AMFIs semi-annual rejig in H2 CY26, according to Nuvama Institutional Equities.
Mutual funds made complete exit from 7 stocks in March. Check details
Mutual funds made a complete exit from seven stocks in March, according to monthly data released by Prime Database.
Muthoot Exim's Swarnavarsham scheme offers a buy-now-pay-later solution for low and middle-income gold buyers. Customers pay a 15% down payment and lock in prices, with the balance payable in flexible installments over 3 to 9 months, ensuring price protection against market volatility.
Gold ETFs shine amid rising geopolitical tensions and strong gold price rally: ICRA Analytics
Gold ETFs have seen a sharp rise in investor preference amid geopolitical tensions and a strong rally in gold prices, ICRA Analytics said. AUM surged nearly 65% CAGR over five years to Rs 1.71 lakh crore, while inflows jumped to 2,266 crore in March 2026, highlighting growing demand for safe-haven assets.
Rs 200 meal tax-free voucher: New tax regime rules every employee must know
DA hike delay: Central government employee body to hold protest over dearness allowance delay
In a letter to the Cabinet Secretary of India, the Confederation of Central Govt. Employees & Workers (CCGEW) writes that its affiliated organisations will hold a lunch hour protest at all work places on April 16, 2026. The government last announced the DA hike in October 2025, which was for July 2025. While central government employees and pensioners have got their arrears for that hike, their wait for the January 2026 DA hike is still not over.
NRI Guide: Do you own property in India but live abroad? Key risks & 8 smart ways to stay protected
Flexi-cap mutual funds attracted record inflows in March, reflecting strong investor demand for diversified and flexible equity strategies amid market volatility. Experts view the surge as a sign of growing confidence in the category, driven by its ability to dynamically allocate across market caps during uncertain times. While concerns about overcrowding remain, the trend largely indicates disciplined investing and a preference for flexibility rather than momentum chasing.
Gold and silver ETFs surged up to 9% on Wednesday, driven by falling crude oil prices and renewed hopes of US-Iran talks easing Middle East supply concerns. Softer oil prices also alleviated inflation worries, boosting sentiment for precious metals. Experts suggest current levels offer a timely opportunity for long-term investors to accumulate precious metals for portfolio diversification amid global uncertainties.
RBI holds talks with banks on ways to boost deposits
Reserve Bank of India is consulting banks on ways to attract larger and more stable deposits as household savings shift to equities and mutual funds, putting pressure on liquidity. Deposits are growing slower than loans, increasing funding costs and credit-deposit ratios.
SIPs one of the most effective ways to ride out uncertainty: DSPs Aditi Kothari Desai
Aditi Kothari Desai of DSP Asset Managers is the guiding light for investors grappling with market turbulence. Emphasizing the trio of discipline, consistency, and patience, she warns against knee-jerk reactions to headlines, particularly amid geopolitical unrest. For her, Systematic Investment Plans are essential lifelines in these unpredictable times.
Property tax overhaul in NDMC: What the new Unit Area System means for you
The New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictability for property owners. The old rateable value method, which was subjective, is being replaced. Homeowners can now understand and verify their tax liabilities more easily.
ITR assessment rules change from April 2026: Four key amendments explained
Four key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, introduced in the Finance Bill, 2026, aim to enhance efficiency and transparency in tax assessments. The changes cover tax notices, DIN in communications, assessment completion timelines, and block assessments.
Debt MF outflows hit record Rs 2.9 lakh crore in March
Among debt fund schemes, overnight funds recorded redemptions of 40,227 crore followed by money market funds with an outflow of 29,207 crore, and low-duration funds, which recorded an outflow of 25,227 crore.
Bank holiday today: Are banks open or closed on Wednesday, April 15, 2026?
Bank holiday: Banks across several Indian regions are closed today, April 15, 2026, due to various regional festivals like Bengali New Year, Bohag Bihu, and Vishu. These holidays vary by state, with institutions remaining open in areas not observing these specific celebrations, as per the RBI's calendar.
Banks increase mark-up over repo-linked external benchmark loans to protect margins
This comes amid deposit rates turning sticky in the wake of higher interest rates being offered by small scale instruments (SSIs)
UPI processes 228.5 billion transactions in 2025, reshaping Indias payments landscape
The Worldline report highlights a shift towards micro-transactions, with falling ticket sizes and rising merchant adoption
Kevin Warsh files financial disclosures for Fed nomination process
The filing reveals major investments, including stakes worth over $50 million each in Juggernaut Fund LP and $10.2 million in consulting fees from the investment office of Stanley Druckenmiller
Q4 Results Highlights, April 14, 2026: Catch highlights
Paytm becomes majority Indian-owned and controlled company as domestic investors raise stake
Domestic institutional investors raised their stake to a record 23.1% in the March quarter, up 2.8 percentage points sequentially and 9.1 percentage points from a year earlier
Dubai gold rates today: Following US President Donald Trump's speech and the breakdown of US-Iran peace negotiations, investors are keeping a close eye on gold and silver prices.
Prime Delhi markets like Khan Market and Lajpat Nagar are commanding high commercial property rentals, a recent report reveals. While premium malls offer consistent returns, many brands are opting for high streets due to limited mall inventory. This trend is observed across major cities including Bengaluru, Mumbai, Hyderabad, and Chennai, with apparel and F&B sectors showing strong leasing activity.
Boosting SIP investments beyond salary hikes can significantly amplify wealth creation. Increasing SIPs by 20% annually, compared to a flat investment or an 8% increase, can generate substantially larger corpuses over two decades. This strategy combats lifestyle inflation and enhances financial security.
Gold and silver prices are under investor scrutiny after US-Iran peace talks faltered. Pakistan is working towards a ceasefire to facilitate renewed diplomacy. Gold rates at leading Indian jewellers like Tanishq, Kalyan Jewellers, Joyalukkas, and Malabar Gold & Diamonds saw a decrease. The Indian Bullion and Jewellers Association Ltd (IBJA) rates were not updated due to a holiday.
EPFO has extended the functionality for members to de-link incorrect Member IDs (MIDs) from their Universal Account Number (UAN). This allows correction of MIDs created without member knowledge, even if contributions exist. However, MIDs with processed, pending, or multiple claims will not be eligible for de-linking.
New TDS and TCS changes for Tax Year 2026-27: Check 6 important tax updates now
Bitcoin climbs to 4-week high on hopes of US-Iran peace talks
Bitcoin climbed to $74,945, its highest since March 17, before paring gains; smaller tokens such as Ether also move up
Property or problem? The hidden legal traps haunting Indias property owners: Heres how to navigate
Property ownership in India, once a symbol of security, now presents significant legal challenges due to unclear titles and disputes. Buyers face risks from historical discrepancies and competing claims, locking capital and stalling income. Proactive legal due diligence, careful transaction structuring, and understanding tenant rights are crucial for navigating these complexities and protecting valuable assets.
Wallet concentration in gold loans, recent delinquency and high dependence on gold loans within the overall borrower wallet are important forward-risk indicators
S Naren sees better valuations, but no outsized gains. Check his 10 pieces of advice
Sankaran Naren advises starting SIPs as valuations improve, but cautions against 2020-like returns, favors IT, pharma, energy, remains wary on midcaps, sees selective smallcap opportunities, and stresses disciplined, macro-driven investing.
The Uttar Pradesh government has announced an interim pay hike for unskilled, semi-skilled, and skilled workers, effective April 1, 2026. Workers in Noida and Ghaziabad will receive the highest increase of 21%, while other districts see hikes of nearly 15% and 9.21% respectively. The government also debunked rumors of a Rs 20,000 statewide minimum wage.
Gold price today in Chennai (April 14, 2026): In Chennai too, gold prices were slightly up on Tuesday in line with the larger trend in India. As per the prices quoted by leading jewellery retailers in the city, the price of 24 karat gold was around Rs 15,404 per gram.
I am 80 and my wife is 78. Can we increase our coverage to Rs 10 lakh each?
ET Wealth Reader's Query: I am 80 and my wife is 78. We currently have medical insurance coverage of Rs 7 lakh each. We would like to increase the coverage to Rs 10 lakh each. Is this -possible?
Poonawalla Fincorp mops up 2,500 cr via QIP
Issue priced at 370.75 per share, a 5% discount to the floor price; sees strong demand from institutional investors
6 AMCs had over Rs 10,000 crore cash in their portfolios in March. Check details
Despite market volatility, six AMCs held over 10,000 crore in cash in March, reflecting a cautious stance even as fund managers actively deployed liquidity to buy equities during the correction.
9 equity mutual funds cross Rs 60,000 crore AUM; Parag Parikh Flexi Cap tops list
Nine equity mutual funds exceeded Rs 60,000 crore AUM by March 2026, led by Parag Parikh Flexi Cap. Major contributors include HDFC, SBI, ICICI, Kotak, and Nippon India funds leading.
You have pension income and consultancy income; here's the exact ITR form you should be filing
302% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.02 lakh
Sovereign Gold Bond : The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond SGB 2019-20 Series-V, set at Rs 15,009 per unit. Investors can redeem these bonds from April 15, 2026, after the fifth year of issuance.
Earning 1.5 lakh a month but still broke? The middle-class trap thats draining high earners
New Form 141 introduced for TDS filing: 4 existing forms merged into one challan-cum-statement
The Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms. This new form simplifies TDS filing for various transactions including rent, property purchase, professional payments, and virtual digital asset transfers. It aims to enhance clarity and reduce duplication in reporting.
High AUM mutual funds arent always a concern, but experts recommend tweaking SIP strategy and diversification to manage risks and optimise returns.
The Odisha High Court quashed criminal cases of 498A and dowry against a husband after he obtained a mutual consent divorce. The court ruled that continuing the criminal proceedings would serve no purpose since the marriage was legally dissolved by mutual agreement under the Hindu Marriage Act, ending a 14-year legal battle.
Bank holiday today: Central government offices will observe a holiday on April 14, 2026, for BR Ambedkar's birth anniversary. Many banks will also be closed across India on this date. This closure coincides with several regional festivals including Tamil New Year and Vaisakhi. Customers should check with their specific bank branches for operational status.
Q4 results highlights today: ICICI Prudential AMC profit up 10%, other key announcements
Q4 Results Today, April 13, 2026 Highlights
BoB and Reliance Jio launch mobile banking app for feature phone users
The app aims to make digital payments accessible to feature phone users and will be available to both existing BoB customers and customers of other banks through an easy self-onboarding process
Net sales of non-financial pvt cos rise 11.4% in FY25: RBI data
The RBI released 2024-25 financial performance data for 15,919 non-government non-financial private limited companies based on their audited annual accounts in Ind-AS format
ICICI Prudential AMC Q4 profit rises 10% to 763 crore on higher inflows
The fund house saw robust investor participation, with SIP inflows jumping 31% and AUM rising 25% to 11.78 lakh crore
Ujjivan SFB faces setback as RBI returns universal bank licence application
While acknowledging the banks recent efforts, the RBI said there is still scope for improvement in reducing concentration risks
Rupee slumps 65p amid spike in crude oil prices due to failure of US, Iran to reach a truce deal
Rupee also came under pressure due to the arbitrage between onshore and offshore markets
Gold prices in Dubai were a key focus on Monday, April 13, 2026. Geopolitical tensions and statements regarding the Strait of Hormuz influenced the global market. Rates for 22K gold hovered around AED 526-529 per gram across major jewellers. This information provides a snapshot of the gold market on that specific future date.
OCI fees revised from April 1, 2026: How much you need to pay for new, reissued and duplicate cards
Effective April 1, 2026, the Bureau of Immigration has revised OCI service fees. Fresh applications now cost USD 275 abroad and Rs 15,000 within India. Re-issuance and duplicate cards also have updated charges. Payment methods vary based on application location. New passport holders must update OCI details within three months to avoid a $25 penalty.
The initiative aligns with the vision of the Government of India and the Reserve Bank of India to promote financial inclusion and make digital payments accessible to users beyond the smartphone ecosystem
Equity mutual funds see renewed inflows in March, led by five schemes attracting nearly Rs 100 crore each, highlighting selective investor interest across domestic, international, and alternative strategies.
Gratuity may rise under New Labour Code, but your income tax bill could too
The Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Act, 1961 and the Income-tax Act, 2025 still rely on basic pay plus DA. With the Payment of Gratuity Act, 1972 now subsumed, this mismatch could make part of the higher gratuity taxablehighlighting the need for alignment between labour and tax laws.
Gold rate today: Gold and silver prices are currently experiencing a minor dip. This trend is observed across major Indian jewellers and the Indian Bullion and Jewellers Association. Experts suggest that a strengthening dollar may cap any immediate price increases. The upcoming Akshaya Tritiya festival is a key period for gold purchases in India, with celebrations expected next week.
New ITR forms alert: Secondary address field added, what taxpayers must know
New Income Tax Return forms are here for Assessment Year 2026-27. A key change is a new field for a secondary address. Contact details are now primary and secondary. Reporting for representative assessees is simplified. The need to split capital gains based on transfer dates before or after July 23, 2024, has been removed.
Planning to transfer equity portfolio in family accounts? Heres the process and tax rules
Transferring equity within family accounts involves specific procedures and tax implications heres a quick guide to the rules, costs, and key considerations.
Haryana has revised minimum wages for unskilled, semi-skilled, skilled, and highly skilled workers, effective April 1, 2026. The new rates, determined by skill level, ensure equal pay for men and women. Employers are responsible for ensuring contractors also adhere to these revised wage structures.
JioBlackRock Flexi Cap Fund exits Swiggy, 20 other stocks; adds ICICI Pru AMC and 9 more in March
JioBlackRock Mutual Funds Flexi Cap Fund exited Swiggy and 20 other stocks in March, while adding ICICI Prudential Asset Management Company and nine more. The fund also increased exposure to key largecaps, reflecting active portfolio reshuffling amid evolving market opportunities and valuation dynamics.
Visa, HDFC Bank launch FIFA World Cup 2026 card and rewards campaign
The Spend & Win campaign extends across HDFC Banks full card portfolio, including credit, debit, business, and forex prepaid cards
8th Pay Commission: The Eighth Central Pay Commission is actively recruiting consultants on a contractual basis to bolster its research and analytical capabilities. Applications are open for Senior Consultants, Consultants, and Young Professionals, with specific experience and age criteria.
Small finance banks set for strong Q4FY26; Outlook hinges on FY27 macro trends: Report
The report noted that the March quarter is seasonally the strongest for the sector, with most SFBs already reporting over 20% year-on-year growth in AUM, reflecting sustained credit demand across segments
Mutual funds significantly reduced their cash holdings in March. This move indicates fund managers actively invested in the market during a period of correction. Despite global uncertainties, this strategy aimed to leverage potential investment opportunities. Several asset management companies deployed substantial cash reserves. This shift reflects a proactive approach to market dynamics.
Small, mid and largecap mutual funds see sharp inflow surge in March. Is investor confidence rising?
Equity mutual funds saw a significant surge in monthly inflows during March, despite market downturns. This rise reflects a shift in investor behavior, with corrections now viewed as buying opportunities. Robust SIP flows and sustained confidence in India's growth outlook are key drivers behind this trend.
Can you buy more than one term insurance plan? 7 things you need to know
RBI criticises banks rupee arbitrage trades
Deputy Governor T. Rabi Sankar said the arbitrage between local and offshore markets strained dollar liquidity at a time when the rupee was under pressure due to large foreign outflows
Best flexi cap mutual funds to invest in April 2026
Flexi cap mutual funds offer fund managers the flexibility to invest across market capitalizations and sectors, making them suitable for moderate investors seeking long-term wealth creation with a five to seven-year horizon.
Q4 Preview: ICICI Pru AMC likely to report 5% growth in Q4 net profit
On a sequential basis, the fund houses profit and revenue will come under pressure due to market turbulence
Disinherited in a Will? A settlement deed can still give son or daughter rights over property
A Kerala High Court ruling clarifies that a settlement deed holds legal power over a Will. Even if children are excluded from family property in a Will, a settlement deed executed in their favour remains valid. This legal instrument allows for property transfer independent of a Will.
How to heal your equity portfolio in FY27
FY26 left your equity portfolio bruised. As FY27 begins, heres how to heal it.
