22 C Personal Finance News
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Investor flows are diverging, says Sanjay Shah of Prudent Corporate. While SIPs continue to channel steady money into mid- and smallcaps, fresh allocations are moving toward hybrid, multi-asset, and large-and-midcap funds. New AMCs, NFOs, and SEBI incentives are driving added traction.
Choosing between Gold ETF and Gold ETF FoF? Here are 7 differences to guide you
Gold ETFs invest directly in physical gold, require a demat account, offer real-time liquidity, and have lower expenses. Gold ETF FoFs invest in ETF units, need no demat, allow low-ticket SIPs, carry higher expenses, and follow NAV-based pricing.
DigiLocker fraud on Google Play Store: How scammers are stealing money & how you can avoid it
Indian users, beware! Theres a rise in fraudulent DigiLocker applications designed to snatch away your confidential data. These scammers are thriving by creating lookalike apps, making it imperative to install only the legitimate version from the National e-Governance Division. Dont forget to check the developers information and be cautious with apps that resemble the official one.
These 5 equity mutual funds lose over 10% in 2025. Do you own any?
Five equity mutual funds have fallen more than 10% in 2025, led by steep declines in Samco and small-cap schemes. Overall, 69 funds delivered negative returns, with most losses ranging from marginal dips to high single digits.
FD rate up to 8% for general citizens investing for five year; Know full list of banks
General citizens can still find fixed deposits offering up to 8% interest for a five-year term. Suryoday Small Finance Bank and Jana Small Finance Bank are among those providing this attractive rate. Ujjivan Small Finance Bank offers 7.2%. Investors should note TDS rules and the option to submit Form 15G to avoid deductions.
Top 5 largecap mutual funds offer over 20% annualised return in 3 years. Check details
Large cap mutual funds have delivered up to 27.1% annualised returns over three years, led by BHARAT 22 ETF. Several Sensex Next 50 ETFs also performed strongly, while five major schemes lagged.
Starting your first SIP? Heres an expert guide to choosing the right mutual fund
Starting an SIP becomes easy with clarity on goals, time horizon and risk appetite. Expert guidance helps beginners avoid mis-selling, choose the right fund, and build confidence for a smooth long-term investing journey.
Starting November 21, 2025, a revised Labour Code brings exciting tax-saving opportunities. With wages comprising 50% of the Cost to Company (CTC), employees have a chance to maximize their savings. For instance, with a CTC of Rs 15 lakh, individuals can now enjoy an additional Rs 75,000 in tax relief.
Allegations of adultery cant deny a wife her family pension, rules Bombay HC
In a significant verdict, the Bombay High Court has upheld the rights of a widow by granting her the family pension she deserves. Despite her late husband's unproven accusations of infidelity, the court ruled that such allegations cannot bar a spouse from receiving pension benefits.
Record silver prices: Can silver outshine gold as form of investment?
Silver is outperforming gold, driven by strong industrial demand and investment appeal. Experts believe silver's growth potential may exceed gold's in the long term. Increased use in solar, EVs and electronics fuels this trend. While gold remains a safe haven, silver's unique dual role positions it for significant future gains. Investors are advised to consider both metals.
Saturday bank holiday: Are banks open or closed today on December 6, 2025?
Saturday bank holiday: Many banking services have moved online, but several transactions still require a physical visit to the branch due to verification, compliance, or documentation requirements.
PhonePe shuts Pincodes B2C arm, pivots to B2B solutions
It moved travel and transited to the main PhonePe app
RBIs repo cut to aid consumption, investment and funding cost, bankers say
1 lakh crore OMO purchases along with the 3-year USD/INR buy-sell swap will support liquidity and monetary transmission
RBI grants in-principle approval to Fino Payments Bank for conversion to a small finance bank
With Finos exit, there are only few operational and large scale payments bank in the country. These include Airtel Payments Bank, Jio Payments Bank and India Post Payments Bank
MPC cuts repo rate by 25 bps to a 3-year low
Announces lliquidity enhancement measures; ups FY26 GDP projection by 50 bps, cuts inflation projection by 60 bps
ICICI Lombard, Vastu Housing Finance join hands for insurance distribution
The tie-up will provide Vastus customer base access to two main insurance products
The Reserve Bank of India's repo rate reduction brings welcome news for home loan borrowers. Interest rates on loans linked to the repo rate are expected to decrease soon. Borrowers can anticipate significant savings on interest payments and potentially a shorter loan tenure. This move offers financial relief and flexibility for homeowners across India.
Home loan EMI to fall for Bank of Baroda borrowers: PSU bank cuts lending rates for these borrowers
Following the RBI's 25 bps repo rate cut, Bank of Baroda has reduced its Benchmark Retail Loan Lending Rate (BRLLR) from 8.15% to 7.90%, effective December 6, 2025. This move is expected to prompt other banks to lower their repo-linked lending rates.
Vrutti partners with HSBC India to launch FPO Shakti financing facility
India has more than 44,000 registered FPOs, but fewer than one-third can secure formal credit, FPO Shakti addresses this challenge
Mandatory Hallmarking Unique Identification (HUID) for silver jewellery is now in effect, ensuring purity and curbing unfair practices. Over 17 lakh silver pieces have been hallmarked since its September launch. This six-digit code offers digital traceability, mirroring the gold hallmarking system. Consumers can verify authenticity via the BIS CARE mobile app, checking purity, jewellery type, and jeweller details.
Top 10 best-performing mutual funds for December 2025
ETMutualFunds has shortlisted the top 10 equity funds for December 2025 using performance consistency, risk metrics and rolling returnsnot short-term trends.
India talking to 8 more nations for UPI acceptability: Nagaraju
Unified Payment Interface (UPI) is currently accepted in eight countries -- Bhutan, Singapore, , Mauritius, Nepal, UAE, Sri Lanka and France
RBI Cuts Repo Rate to 5.25%: Here's how you can save Rs 45,000/year on a Rs 50 lakh loan
The Reserve Bank of India (RBI) on Friday reduced the key benchmark repo rate by 25 basis points to 5.25 per cent, the first rate cut in six months. The central bank also retained a neutral stance, leaving room for potential further cuts.
Why do retail investors get trapped in sectoral and thematic funds?
Huge inflows over the last couple of years have made this the largest category in the equity mutual fund space, and it is time investors understood the risks associated with these funds, as reported by ETBureau.
NFO Alert : JioBlackRock Mutual Fund to launch arbitrage fund next week. Check dates, other details
JioBlackRock is launching its low-risk Arbitrage Fund on 911 December, aiming to generate stable returns through equity arbitrage and limited debt investments, targeting short-term investors seeking steady income.
RBI rate cut of 25 basis points: What does this mean for mutual fund investors?
After the Reserve Bank of India reduced the repo rate by 25 basis points to 5.25% in its Monetary Policy Committee meeting on Friday, a market expert recommended choosing short-term debt funds, market-neutral or fixed-income tilted alternatives, and hybrid strategies under Specialised Investment Funds (SIFs).
RBI MPC Policy: Mutual fund managers decode 25 basis point rate cut for investors
The RBIs MPC announced a 25 bps repo rate cut to 5.25% while maintaining a neutral stance, prompting mutual fund managers to highlight opportunities in dynamic bond, short-duration, and corporate bond funds. Liquidity infusion through OMOs and FX swaps is expected to soften yields and support investor portfolios.
Indigo flight cancellation news: IndiGo is facing widespread flight cancellations and delays, leaving thousands of passengers stranded. The airline offers passengers options for refunds or rebooking on alternative flights.
ED attaches 1,120-cr assets linked to Reliance Anil Ambani Group in YES Bank 'fraud case'
Separately, ED is probing a CBI FIR filed against RCOM, Anil Ambani and associates regarding loans worth 40,185 crore taken between 2010 and 2012
In a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable income under profits in lieu of salary for all terminated employees. The tribunal made it clear that unless there's a specific exemption outlined in Section 10, these severance payments will incur income tax obligations.
Is your investment portfolio too concentrated? Heres how to fix it
8 ways employees will benefit from the implementation of new Labour Codes
Labour Reforms were the need of the hour to ensure balanced and sustained growth in the country and above all, to guarantee dignity, security and fair treatment for every worker. The new Codes place employees at the centre of the labour framework, combining simplification with a decisive expansion of rights and protections.
ITR tax refund stuck? These 7 common errors could be the reason and how you can fix them
Tax refund delays can often stem from mistakes made by taxpayers. Make sure to double-check your Income Tax Return (ITR) within a month. If you receive any notifications regarding defective returns or proposed changes, respond quickly. Dont forget to confirm that your bank account is set up for refund deposits. Clear any outstanding demands prior to the refund process.
Russian lenders Gazprombank, Alfa Bank seek India's approval to set up branches, sources say
Both banks have sought a licence from India's central bank to open branches in the country and are expected to make an announcement around the time of Russian President Vladimir Putin's two-day visit to India that began on Thursday
RBI announces liquidity enhancement measures; to conduct OMO purchase and USD/INR buy-sell swap
The RBI has announced that it will conduct OMO purchase auctions of G-Secs for 1 lakh crore in two tranches of 50,000 crore each to be held on December 11, 2025, and December 18, 2025
Salary not paid? Heres how to send a legal notice that works
The Reserve Bank of India is launching a nationwide customer grievance redressal campaign. This initiative begins on January 1, 2026, and will run for two months. The campaign aims to resolve all complaints pending with the RBI Ombudsman for over a month. Regulated entities are instructed to prioritize customer service.
India's Manhattan? 40% of Indias ultra-luxury home sales now come from this Mumbai neighbourhood
The Repo Rate cut by 25 bps to 5.25%
The RBI also announced liquidity enhancement measures including, conducting an open market operation (OMO) purchase of Government Securities for 1 lakh crore this month
India may seek bids for $7 billion IDBI Bank stake this month
The bank, once burdened by heavy bad loans, has emerged from a major cleanup, and returned to profitability in recent years after capital support and aggressive recoveries helped it cut non-performing assets sharply
Best small cap mutual funds to invest in December 2025
Small cap mutual funds delivered over 26.38% returns in 2024. Investors are showing renewed interest in October 2025. Despite market concerns, experts advise staggered investments in these schemes for long-term wealth. These funds invest in very small companies, offering high return potential but also significant risk and volatility. Careful selection of fund managers is crucial for success.
RBI Governor to announce repo rate decision today; economists expect pause, industry eyes cut
Contrasting macroeconomic signals have sparked debate on the direction of the monetary policy
RBI MPC Meeting 2025 Live Updates: Will RBI cut interest rates?
RBI MPC 2025, RBI Monetary Policy Meeting Outcomes, RBI MPC Meeting December 2025 News & Live Updates: Here are the major live updates related to the latest bi-monthly RBI Monetary Policy Committee meeting.
After Sebi, Amfi likely to put equity tag on Reits in Jan rejig
Mutual fund investors should watch for changes in January 2026. AMFI may reclassify REITs like KRT and Embassy into mid-cap equity. Mindspace, Nexus, and Brookfield could join small-cap equity. This follows SEBI's move to boost mutual fund participation in REITs. Fund managers will need to adjust portfolios accordingly. The official list arrives in early January.
While banks may define their own criteria for identifying an ultra-large borrower, they shall also consider the overall indebtedness of such entities to the banking system, as per RBI directions
Revised BSBD A/c norms: Provision of digital banking and no fee on ATM card
This may prompt conversion of some SB A/Cs into BSBD A/Cs
Rupee recovers to close at 89.97 against the US dollar
Factors such as continued FPI outflows from the equity markets, importer demand, lack of visibility on a trade deal with the US, widening trade deficit, and restrained RBI intervention continue to affect the Indian currency
Citizens can now access their Passport Verification Records online through DigiLocker. This initiative by MeitY and MEA reduces reliance on physical documents. PVRs will be available in the 'Issued Documents' section after verification. This allows for secure, tamper-proof digital access and sharing. The DigiLocker platform enhances convenience and accessibility for official verification documents.
IFFCO-TOKIO GIC ties up with cooperatives for micro insurance
Drawing inspiration from IRDAI initiatives, IFFCO-TOKIO GIC now targets under-covered communities while continuing to offer a range of retail and corporate insurance products, including motor, health, travel, home, and personal accident policies.
Advance tax deadline: Who needs to pay advance tax and what is penalty for missing due date?
Advance tax payments are crucial for individuals with income beyond salary. The third instalment for Assessment Year 2026-27 is due by December 15, 2025. Missing deadlines incurs penalties. Taxpayers can pay online or offline. Understanding these rules ensures timely compliance and avoids interest charges.
ITR Refund Status: How much time does it take to get credited, and what's the reason for the delay?
Many taxpayers are still waiting for their AY 202526 income tax refunds, even as others have already received theirs after filing and verifying their returns. Read on to find out why it is getting delayed and how to check your ITR refund status.
Invesco Mutual Fund resume subscription in its 3 international funds
Invesco Mutual Fund has resumed subscriptions in three overseas fund of funds from December 5, allowing lumpsum, SIP and STP investments within available headroom, while retaining the option to suspend inflows again if overseas limits near February 2022 thresholds.
LIC has launched two new insurance plans, Protection Plus and Bima Kavach. Protection Plus offers life cover with savings and investment options. Bima Kavach provides pure risk protection with guaranteed death benefits. Both plans cater to diverse policyholder needs, ensuring financial security and flexibility for the future.
Are you aiming to build Rs 3 crore in 20 years? Save over Rs 30,000 monthly
After enduring a protracted 22-year legal ordeal, the Calcutta High Court has brought a measure of justice to a husbands family by dismissing a case filed under Section 498A. The court found the claims of cruelty insufficiently detailed, overturning a 2003 trial conviction.
RBI set to announce policy decision as markets eye potential rate cut
Market participants are closely watching whether the RBI will cut the repo rate from its current 6.5%, amid easing inflation and expectations of a US Federal Reserve rate cut next week
I am a US citizen. How can I transfer my mothers property and FDs in India to myself?
ET Wealth Reader's Query: How can the wealth, including fixed deposits and residential property, of an Indian mother be transferred to her daughter, who is a US citizen and does not have either the PAN or Aadhaar card.
Wedding season is here and costs are rising. Financial expert Pankaj Mathpal shares tips for planning wedding expenses. He stresses starting early and investing wisely. Equity and gold are recommended for long-term growth. For those who missed early planning, starting 5-10 years ahead is advised. Families should budget carefully and avoid loans to manage expenses without jeopardizing financial security.
With the rupee touching 90 against the dollar, concerns over the soaring cost of overseas education have resurfaced. Edelweiss MF CEO Radhika Gupta says long-term financial planning should factor in 24% annual currency depreciation, as future rupee movements remain unpredictable.
8th Pay Commission Update: Salary hike, Pension revision & DA merger What govt really said
8th Pay Commission:The 8th Pay Commission is now officially in action, reviewing pay, allowances, and pensions for central employees and pensioners. The government has clarified key points, including that pensions will be revised, but there is no plan to merge Dearness Allowance (DA) with basic pay. Heres what employees need to know.
Travellers can get a same-day forex card and currency note delivery, even on weekends, along with a Pay-on-Delivery option for currency notes. This move aims to simplify and expedite forex purchases for travellers, addressing the common need for quick access to foreign currency, especially close to travel dates.
New Labour Law 2025: Salary calculator for CTC 7L, 10L & 15L see your revised pay structure
The New Labour Law notified on November 21, 2025, bring major changes to how your salary is calculated. Your gross salary stays the same, but how it's divided between components will change for many employees. Read on to find out your revised salary structure.
Your 8-step blueprint to financial freedom in todays India
Implement wage settlement without delay, demand Nabard employees
Tell Nabard management and the Department of Financial Services that its patience is wearing thin
New labour code 2025: Bonus and leave encashment calculator if bonus is 10%, 15%, 20%, 25% of CTC
A new Labour Code 2025 is set to redefine wages. Employers must now calculate 50% of total CTC for gratuity, pension, and social security. This change may affect bonus and leave encashment components. Experts suggest employers might adjust salary structures to manage increased costs. The impact will vary based on individual salary compositions.
The Karnataka government has released its official holiday list for 2026, detailing 20 general holidays for festivals and national events alongside weekends. Government employees can also avail up to two restricted holidays with prior approval. The list includes major religious and cultural observances, with flexibility for Muslim festivals based on moon sighting.
From +11% to 11%: Same mutual fund category leads Novembers winners and losers
Franklin India Mid Cap Fund, the oldest in its category, has transformed a Rs 1,000 monthly SIP into Rs 2.36 crore over 32 years, achieving a 20.20% XIRR. The fund delivered positive returns in nine of the last ten calendar years, showcasing its resilience and wealth creation potential for long-term investors.
The Reserve Bank of India has announced the final redemption price and date for Sovereign Gold Bond (SGB) 2017-18 Series-X, maturing on December 4, 2025. Investors will receive Rs 12,820 per unit, reflecting a significant return of nearly 341% since its issue. The SGB scheme offers a secure alternative to physical gold with an annual interest payout.
Best mid cap mutual funds to invest in December 2025
Mid cap mutual funds have seen a strong rally, leading to investor anxiety about current valuations. While these funds offer potential for high returns, they also carry significant risk due to company volatility and corporate governance issues.
M&M Share Price Live Updates: M&M trading volume report
Titan Company Share Price Live Updates: Titan Company trading volume analysis
Divis Labs Share Price Live Updates: Divis Labs trading activity summary
On the MCX, silver has reached all-time high prices, marking a significant increase over the past months and years. Industry experts attribute this phenomenon to worldwide economic transformations, restricted supply chains, and a surge in demand from sustainable technologies. Investors are encouraged to navigate this market with caution, considering gradual investments while also securing some of their earnings.
LIC launches Protection Plus, Bima Kavach plans
Protection Plus is a non-par, linked, life, individual savings plan, which offers life insurance cover-cum-savings throughout the term of the policy
RBI approves Vikram Sahu as CEO of Bank of America in India for 3 years
This is in addition to his current responsibilities as India Country Executive
Aiming for acquisitions in tech, payments companies: CMS Info System chief says
Is it mandatory to instal Sanchaar Saathi app in your mobile handset? Govt puts uncertainty to rest
The Indian government has clarified that installing the Sanchar Saathi app on smartphones is not mandatory, reversing an earlier proposal to pre-install it. This decision follows public feedback, aiming to provide citizens with a cybersecurity tool while respecting user choice. The app, designed to combat digital fraud and protect against cyber threats, will remain available voluntarily.
Revised NPS KYC rules for OCI Card holders: How to complete KYC
New Labour Law 2025: Gratuity Calculator for CTC of Rs 6 lakh, Rs 12 lakh and Rs 24 lakh
Discover how the amended labour codes from November 21, 2025 are reshaping gratuity calculations with the new 50% wage rule and one-year eligibility for contractual employees.
NFO Alert : Groww Mutual Fund announces launch of two passive funds
Groww Mutual Fund has introduced two passive offeringsGroww Nifty Metal ETF and Groww Multi Asset Omni FOF. The NFOs, open till December 17, aim to provide investors targeted exposure to metals and diversified multi-asset allocations. Both funds reopen for continuous trading on January 1, 2026.
8th Pay Commission: When will govt employees receive 8th CPC payments?
The announcement of the 8th Pay Commission by the central government in November 2025 has sparked eager discussions among employees and pensioners who are keenly waiting for the outcomes and the necessary governmental endorsement. Experts predict that the implementation could stretch over one to two years, following a pattern seen with earlier commissions.
Bothered by falling FD interest rates? This bank is providing up to 8% rate on its fixed deposits
Suryoday Small Finance Bank now offers a compelling 8% interest rate on 5-year fixed deposits, a market-leading return for both regular and senior citizens. Competitive rates are available across various tenures, with all deposits insured up to Rs 5 lakh by DICGC, providing significant security for investors.
Kotak Mutual Fund in its Market Outlook 2026, offered a comprehensive view of the macroeconomic environment and shared four key investment themes that are expected to shape Indias financial markets in the coming year.
MF gains and interest income in FY 2025-26: Are you eligible for tax relief under section 87A?
An expert explains why taxpayers with long-term and short-term equity mutual fund gains may not be able to use Section 87A to reduce their 202526 tax liability.
8th Pay Commission update: Govt rejects DA merger, confirms pension reform review
The Pension Fund Regulatory and Development Authority has eased National Pension System onboarding for Non-Resident Indians and Overseas Citizens of India. New rules permit digital onboarding from outside India. This eliminates the need for physical presence in India for Know Your Customer processes. Existing subscribers can also complete KYC updates remotely.
Virendra Singh aims for a Rs 3 crore corpus in 20 years. His current Rs 9,500 monthly SIP with annual increases will not suffice. Experts advise doubling his SIP or extending his investment horizon. A simplified portfolio with a small-cap bias and gold ETFs can aid his long-term wealth creation. Discipline and consistent step-ups are key.
I lost my job and have Rs 70 lakh in savings, how to invest it for financial stability?
ET Wealth Reader's Query: I am 48, based in Bengaluru, and was recently laid off from my IT job after 15 years due to restructuring. I will be receiving a severance package of Rs 60-70 lakh. How can I invest it wisely?
