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NFO Alert: ICICI Prudential Mutual Fund to launch 3 life cycle funds
ICICI Prudential Mutual Fund has launched three open-ended life cycle funds with five-, 10- and 15-year horizons. The schemes use a glide-path strategy, starting with higher equity exposure that gradually shifts towards debt as maturity approaches. The NFOs Life Cycle Fund 2031, 2036 and 2041 are open for subscription and will close on September 9.
SIDBI, RRBs plan to expand co-lending arrangement to boost MSME credit in rural areas
The model could help RRBs diversify their loan portfolios by increasing their focus on MSME lending, while rule engine-based underwriting is expected to support asset quality
Gold rate today: Check latest 22k, 24k prices
Midcap emerges as strong SIP option with 17.59% average 10-year return: WhiteOak Capital
Investing in midcap SIPs has proven to be beneficial, boasting an impressive average return of 17.59% over the past decade. This investment category has consistently provided positive returns, showing stability over time. Unlike frequent switching between market caps, which failed to improve long-term gains, gradually increasing SIP contributions can achieve accelerated wealth accumulation. Moreover, the likelihood of securing positive returns rises with lengthening investment durations.
Top 5 SIFs return up to 21% in 6 months; QSIF Equity Ex-Top 100 Long-Short leads
HDFC Bank has announced a boost to fixed deposit rates for senior citizens, increasing them by ten basis points. Federal Bank has also adjusted its interest rates for fixed deposits applicable to all clients. This revision ensures that senior citizens benefit from improved returns. Both banks are now providing competitive rates across select tenures, making savings more rewarding.
Edelweiss Mutual Fund is set to unveil its third Specialised Investment Fund strategy, which targets large-cap equities alongside income-focused derivatives. This innovative approach is designed to deliver steady alpha for investors looking to enhance their core portfolios. By integrating large-cap exposure with income-generating elements, this fund aims to meet diverse investment needs. Subscriptions for this fund kick off on September tenth.
7 debit cards for free airport lounge access: Check fees, visits and eligibility
Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law says
Severance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says
Small finance banks pay up to 8.5% on FDs: Where can you get highest rates?
Suryoday Small Finance Bank is offering rates of up to 8.25% for general citizens and 8.50% for senior citizens, while Shivalik Small Finance Bank offers up to 8.00% for general citizens.
Health insurance calculator: How much cover do you need by age, city and family size?
Best medium to long duration funds to invest in August 2026
Even a minor upward movement in interest rates could make these schemes extremely risky and volatile. In simple terms, investors might lose money in such a scenario. That explains why advisors do not speak about these schemes often. Needless to say investors should be extremely cautious about these schemes in the current scenario.
79 lakh more at retirement? How a small monthly VPF contribution can boost your retirement corpus
Voluntary Provident Fund offers a stable retirement savings avenue for salaried employees. Additional VPF contributions can significantly grow a retirement corpus over time. However, VPF funds are not easily accessible, unlike regular savings accounts. Investors should prioritize emergency funds and clear expensive debt before contributing. VPF serves as a locked-in retirement asset within the broader EPF structure.
NPS retirement income: 5 types of annuity; which one is right for you?
Bajaj Finserv Share Price Live Updates: Bajaj Finserv Market Update
L&T Share Price Live Updates: L&T's Current Market Position
TCS Share Price Live Updates: TCS trading at Rs 2272.4 today
ONGC Share Price Live Updates: ONGC's Financial Snapshot
Tata Motors PV Share Price Live Updates: Tata Motors PV Sees Positive Movement
Britannia Share Price Live Updates: Britannia Stock Details
M&M Share Price Live Updates: M&M Stock Details
Bajaj Auto Share Price Live Updates: Bajaj Auto's Current Market Price
Divis Labs Share Price Live Updates: Divis Labs Stock Details
ETF vs Index Fund: Which passive investment option is better for you?
As passive investing gains traction, ETFs and index funds are at the forefront of investors' minds. ETFs, which trade on exchanges similarly to stocks, usually have lower fees but can incur trading expenses. On the other hand, index funds appeal to those looking for a more effortless investment approach over the long haul.
8th Pay Commission salary hike: Employee organisations are pushing for larger annual salary increments in the 8th Pay Commission. They argue this approach would lessen dependence on a high fitment factor. Current projections show that a fitment factor can yield a notable immediate pay rise, whereas higher annual increments take years to achieve similar benefits. Consequently, a blend of both strategies may be most advantageous for workers.
Onam, Id-E-Milad 2026 bank holiday: Are banks open or closed in your state today?
On August 26, 2026, banks will remain closed in observance of Onam and Id-E-Milad. Customers planning visits to physical branches are advised to consult the RBI holiday calendar beforehand. While Onam is a vibrant harvest celebration honored in Kerala, Eid-e-Milad marks the significant birth anniversary of Prophet Muhammad, influencing banking activities across several states.
In the State of the Economy report, published in the RBIs monthly bulletin, RBI officials noted that credit growth continued to remain healthy in July
Bank reacts to reports that a deal between it and Jana Small Finance Bank is likely in advanced stages
Fresh deposit and lending rates have hardened in recent months: RBI bulletin
The weighted average domestic term deposit rate(WADTDR) on fresh deposits rose by 16 bps in June 2026
Public sector bank more efficient than Private Sector Banks, says EAC-PM paper
The paper found that PSBs efficiency improved to 93.12% in FY26 from 72.46% in FY20, citing subsequent capital infusion and technological upgradation in select PSBs as key reasons for improvement
Apartment owners can't claim exclusive rights over shared amenities: HC
Karnataka High Court says buyers who agreed to shared amenities in registered sale deeds cannot later claim exclusive rights over them.
SBI eyes $10 billion from NRIs, foreign investors ahead of RBI swap window closure
Earlier this month, the Reserve Bank of India advanced the closure of the Foreign Currency Non-Resident Bank (FCNR-B) deposits swap window by a month to August 31 as against the earlier cut-off date of September 30
Can a Rs 10,000 monthly SIP build a Rs 1 crore corpus? Check how long it may take
A Rs 10,000 monthly SIP can build a Rs 1 crore corpus in 20 years at 12% returns, while annual SIP increases can significantly shorten the wealth creation journey.
7 equity mutual funds delivered over 15% returns in 3 months. Did you park your cash in any?
Taxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the process through presumptive taxation, ITR-3 demands a more detailed presentation of accounts.
SBI eyes $10 bn from NRIs, foreign investors as RBI swap window nears end
As RBI's concessional swap window draws to a close this month end, State Bank of India (SBI) Chairman C S Setty has expressed confidence that the bank would garner about USD 10 billion from non-resident Indians and foreign investors. In aggregate, we must be reaching the USD 10 billion mark, predominantly coming from the deposit side. But there is visibility of ECBs. ECB, of course, will have a longer period available to us, but by August 31, we should have mobilised around USD 9-10 billion on a consolidated basis, he told PTI in an interview. Earlier this month, the Reserve Bank of India advanced the closure of the Foreign Currency Non-Resident Bank (FCNR-B) deposits swap window by a month to August 31 as against the earlier cut-off date of September 30. However, the special US Dollar-Rupee forex swap window to give cheap currency hedging support to public sector undertakings (PSUs) raising External Commercial Borrowings (ECBs) is available till December 31, 2026. Talking about
The 8th Pay Commission is set to convene in Bengaluru, to hold crucial discussions regarding salaries, pensions, and working conditions with a variety of stakeholders. Additional consultations will be organized in cities like Jaipur, Chandigarh, Chennai, and Puducherry during August and September 2026.
Gold and silver prices saw minor changes on August 25, 2026. Tanishq, Malabar, Joyalukkas, and Kalyan Jewellers offered 22k gold at Rs 15,010 per gram. IBJA reported 24K gold at Rs 16,234 per gram and silver at Rs 2,43,446 per kg. These rates exclude GST and making charges. Market attention focused on US inflation data and Fed Chair's speech.
Gold can cushion portfolio downturns, improve risk-adjusted returns: WhiteOak Capital MF study
Investing in a mix of equities, fixed income, and gold can lead to improved risk-adjusted gains. Gold often acts as a safety net when stock markets decline. By incorporating assets with varying correlations, one can enhance the whole portfolio's performance. Historical evidence reflects gold's resilience during downturns in equities over different fiscal years. This analysis demonstrates that a diversified asset allocation effectively mitigates risks across diverse market environments.
Indian banks likely to sustain healthy growth in FY27: Bernstein
Stronger lending, easing margin concerns and stable asset quality are supporting the sector, while private banks continue narrowing their growth gap
WazirX launches AI trading co-pilot to streamline crypto research and execution
Integrated into WazirX's app and website, the tool allows users to ask questions about live crypto prices, market news and macroeconomic developments, among other functions
Bernstein cuts PFC, REC target prices as bank competition weighs on loan growth
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from banks, slower renewable capacity additions and improving financial health among state-owned DISCOMs. The brokerage lowered its target to Rs 465 for PFC and Rs 410 for REC, while reducing FY26-FY28 loan-book growth estimates to 7%.
No higher maintenance for bigger flats: Court
31% Indians eye home ownership in 5 years as money confidence rises: Report
40% of female respondents consider buying a house as a five-year priority, compared with 29% of men
MF Tracker: ITI Small Cap Fund delivers 25% returns, tops 3-year chart. Should you book profits now?
ITI Small Cap Fund topped the three-year return chart with a 25.19% return, outperforming its benchmark and category average. While strong stock selection drove much of the outperformance, experts caution investors against extrapolating recent gains. With small-cap valuations appearing broadly fair, investors should focus on portfolio allocation, risk appetite, investment horizon and rebalancing rather than booking profits solely based on past
Major turning point in India's digital payment journey: PM on 10 yrs of UPI
On completion of a decade of the Unified Payments Interface, Prime Minister Narendra Modi on Tuesday hailed it as a major turning point in India's digital payment journey and said its sheer scale is something every Indian must be proud of. The UPI was launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI). The UPI has emerged as the backbone of India's digital payments ecosystem and a critical driver of financial inclusion. A decade ago, UPI was rolled out, marking a major turning point in India's digital payments journey. The sheer scale and reach of UPI are something every Indian must be proud of, Modi said in a post on X. The prime minister also asked people to share with him their UPI experience and how it impacted the life. Over a decade of operations, the UPI has demonstrated extraordinary scale and momentum in the country. Annual transaction volume expanded from just 1.78 crore in .
Income tax notices: 8 notices salaried employees could get after filing ITR and what to do next
PPFAS GIFT reduces minimum investment in its two outbound passive funds to $500
PPFAS GIFT has cut the minimum investment in its S&P 500 and Nasdaq 100 outbound passive funds from $5,000 to $500, effective August 25. The move aims to broaden access to global diversification for eligible Indian investors through GIFT City, offering index-linked exposure to leading US companies without requiring foreign brokerage accounts.
TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potential
TCS shares rose after the IT major signed a five-year 1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for 320 million in an all-cash transaction. The acquisition, expected to close in 34 months, will deepen TCS relationship with Porsche and strengthen its AI transformation push, while expanding its presence among European automotive and industrial clients.
Entero Healthcare Solutions shares rose sharply after Prashant Jain-owned 3P Investment Managers acquired a 2.5% stake in the company through open market transactions. The shares were bought from Prasid Uno Family Trust at Rs 1,377.8 apiece, according to stock exchange data.
Husband taunted wife for her dark complexion, introvert nature; she files 498A IPC cruelty case; Jharkhand HC quashes 498A case, says his conduct is insufficient to constitute cruelty. Read the article to know what happened in this case.
Turning point in India's digital payments journey: PM Modi hails 10 years of UPI
In an X post, the Prime Minister urged UPI users to share their experience with the interface
Bitcoin tops $80,000 on debasement trade, sets three-month high
The original cryptocurrency rose as much as 2.9% to $81,257 Tuesday in Asia, a level last seen on May 15
Should you close your PPF a/c after becoming an NRI?
Infosys, TCS, HCL Tech, Wipro and other IT stocks are in focus after the US Department of Homeland Security proposed a $103,265 fee on H-1B cap-subject petitions. The charge would be additional to existing fees and could generate $8.8 billion annually, based on 85,000 petitions. The proposal is not final and will undergo a 30-day public comment period.
10 IPOs, 3,500 crore this week: From pharma to forensics, all IPOs names, dates & prices
Best gilt mutual funds to invest in August 2026
Gilt funds are not recommended to regular debt investors because they are risky and volatile. Gilt funds suffer the most when the rates go up. The bond prices and yields move in opposite directions. When the rates go up, bond prices come down. This drags down the NAVs of schemes.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's Price Movement Signals EMA Break
Maruti Suzuki Share Price Live Updates: Maruti Suzuki News
Titan Company Share Price Live Updates: Titan Company Stock Performance Overview
Non-resident Indians have the opportunity to access their Employees Provident Fund (EPF) corpus upon their departure from India. Those who are relocating permanently abroad can initiate a complete withdrawal after fulfilling necessary formalities. Notably, NRIs arent required to reach the age of fifty-eight for this withdrawal.
HUL Share Price Live Updates: HUL's Price Movement Today
HDFC Life Share Price Live Updates: HDFC Life Stock Details
UPL Share Price Live Updates: UPL's Recent Price Trends
Apollo Hospital Share Price Live Updates: Apollo Hospital's Price Movement Today
Grasim Inds Share Price Live Updates: Grasim Inds. Stock Details
Tata Motors PV Share Price Live Updates: Tata Motors PV's Current Trading Status
Bajaj Auto Share Price Live Updates: Bajaj Auto's Market Update
ITC Share Price Live Updates: ITC's Price Movement Today
Adani Ent Share Price Live Updates: Adani Enterprises Market Performance Snapshot
Britannia Share Price Live Updates: Britannia's Current Trading Insights
UltraTech Cem Share Price Live Updates: UltraTech Cement Price Overview
ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it necessary to purchase the new property in our joint names to qualify for the Long-Term Capital Gains (LTCG) tax exemption, or can I purchase the new property solely in my name?
Onam bank holiday today: Are banks open or closed on Tuesday, August 25, 2026? Check status
Bank holiday today: In Kerala, banks will remain closed on August 25 and 26 in observance of Onam and Milad-i-Sherif, while several other states will also celebrate Id-E-Milad with a closure on August 26. Despite these holidays, online and mobile banking will be fully operational. Customers are encouraged to plan their branch visits accordingly to ensure a smooth banking experience during these festive days.
Should you refinance your car loan? Here's when switching may save you money
Considering refinancing your car loan? It could result in lower monthly payments and more favorable interest rates. Yet, it's essential to meticulously review any associated costs involved in switching. Extending the loan term may largely increase your total interest expenses down the line. Before making a move, ensure that any financial benefits are significant. Remember to compare the complete interest obligations, not just the monthly installments.
Investors equity rush helps SIP assets triple in five years
Mutual fund SIP investments have seen significant growth over five years. The number of unique mutual fund investors increased substantially during this period. SIP assets under management more than tripled, reaching
ICICI Bank prices its $1 billion 5-year Senior Notes at 5.410%
ICICI Banksaid its Notes issuance is part of its $7.5 billion Global Medium Term Note Programmeand the same has been raised through its IFSC Banking Unit
Fino Payments Banks Board approves 3-month tenure extension for Merchant as interim CEO
The extension of tenure is subject to approval of Reserve Bank of India
Centre appoints JK Sinha, Syed Akbaruddin and Annie George Mathew as Directors on RBI Central Board
The appointments come on the heels of theappointment of former ISRO Chairman Somanath Sreedhara Panicker and re-appointment of industrialist Anand Gopal Mahindra as part-time, non-official Directors on the Central Board of RBI
Selling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.
Axis Pension Fund AUM crosses Rs 20,000 crore, doubles assets in 15 months
Axis Pension Fund has crossed Rs 20,000 crore in assets under management, doubling its AUM in 15 months amid growing adoption of the National Pension System. The pension fund said wider distribution, rising awareness and stronger customer trust have supported growth across retail, corporate, government and institutional segments.
SPARSH pension portal: How to track pension, benefits and life certificate
SPARSH lets defence pensioners track pension payments, entitlements, PPO details and life certificate status online, helping spot errors early
UPI completes 10 years as transaction volume jumps nearly 13,000-fold
Annual UPI transaction volume rose from 1.78 crore in FY17 to over 24,162 crore in FY26, while transaction value climbed to around 314 lakh crore
Indian benchmark indices ended lower on Monday, with the Sensex falling 172 points and the Nifty declining 33 points as early gains faded. Broader markets were mixed, while metal stocks outperformed. JSW Steel, Hindalco and Tata Steel led Nifty gainers, whereas SBI Life, Bajaj Finance and Adani Ports declined.
Rs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders the tax dept to issue the refund with interest.
Airtel Payments Bank annualised revenue crosses 3,300 crore in Q1
Net profit jumps 82% to 19 crore; Q1 revenue rises 6.8% y-o-y to 830.5 crore
After divorce, can women central government employees add parents to CHSS? DAE clarifies
The central government has clarified that married female employees can now list their parents or parents-in-law as beneficiaries in the CHSS scheme. Even after a divorce, biological parents remain eligible for benefits if they are dependent on the employee. This guidance was prompted by inquiries from DAE employees, who also received clarifications regarding CHSS facilities available for disabled children.
UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volume
Annual UPI transaction volume rose from 1.78 crore in 2016-17 to more than 24,162 crore in 2025-26, an almost 13,000-fold increase
