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Zydus Lifesciences Q3 revenue jumps 30% on strong global demand
Zydus Lifesciences posted strong Q3 results with revenue up 30% to Rs 6,864.5 crore, driven by consumer wellness and overseas markets. Profit growth was muted by one-time costs, while EBITDA rose 31%, reflecting scalable operations and demand across geographies.
MFIs push for real-time credit data, regulator hesitant to approve
Further, MFIs have also requested the RBI to allow bio-metric enabled Aadhar card as a borrower authentication document
RBI approves Vijay Anandh as new MD and CEO of City Union Bank
RBIs approval letter to CUB, as seen by businessline, mentions the remuneration to be a fixed pay of Rs 2.50 crore per annum including perquisites.
EPFO to appoint new partner agencies, change custodian after 15 years
Retirement fund body EPFO is preparing to empanel new partner agencies and appoint a fresh custodian, as it revamps investment, audit and management arrangements
Micro, small enterprises with good track record can get collateral-free loans up to 25 lakh: RBI
Banks may increase the limit for loans up to 25 lakh as per their internal policy
RBI Guv flags the need to remain vigilant against KYC-related frauds and misuse of accounts
Financial Literacy Week 2026 will be observed between February 9 and 13, 2026, across the country.
8th CPC: The government has clarified pension revision eligibility under the 8th Central Pay Commission. Minister of State for Finance Pankaj Choudhary confirmed the 8th CPC's constitution and its mandate to recommend pay, allowances, and pension.
BoB slashes car loan rates by 30 bps to 7.6%, effective immediately
State-owned Bank of Baroda (BoB) on Monday announced a 30-basis-point reduction in its car loan interest rates, effective immediately. The bank's floating rate now starts from 7.6 per cent per annum, BoB said in a statement. The bank also offers an attractive fixed rate of interest on Baroda car loans, starting at 8.5 per cent per annum. The new rate beginning at 7.6 per cent is available on the purchase of a new car and is linked to a borrower's credit profile, it said. In addition to a reduced rate of interest, the bank is also offering borrowers zero prepayment/part-payment charges on floating rate car loans for individual borrowers, it said. Further, the interest on Baroda Car Loans - both fixed and floating loans - is calculated on the daily reducing balance method, making it even more affordable for borrowers, it said. Customers can also benefit from an extended repayment tenure of up to 84 months, providing enhanced financial flexibility, it added.
In 2026, India's digital asset market is regulated and professional, prioritizing secure crypto trading apps. SunCrypto offers simplicity and extreme security, adhering to local laws with features like ledger-insured cold wallets and automated tax compliance. The platform also provides advanced trading tools and educational resources, ensuring a safe and compliant investment journey.
LIC Mutual Fund announces launch of Indias first women-centric AMC branch
LIC Mutual Fund has inaugurated Indias first women-centric mutual fund branch in Delhi, aimed at boosting womens investment participation through personalised guidance, digital facilitation, financial education and a supportive ecosystem focused on long-term wealth creation and financial inclusion.
NFO Alert : Tata AIA launches enhanced value index funds
Tata AIA Life Insurance has launched two value-focused index-linked funds tracking the BSE Enhanced Value Index, offering diversified equity exposure across market caps, long-term wealth creation, retirement planning, and life insurance protection through unit-linked solutions for disciplined Indian investors nationwide.
Car loan EMIs drop for these Bank of Baroda loans as lender slashes interest rates
Bank of Baroda has reduced its floating car loan interest rates by 30 basis points, bringing the starting rate down to 7.60% p.a. This move follows the RBI's decision to maintain the repo rate. The bank also offers a fixed rate starting at 8.50% p.a. and zero prepayment charges on floating rate loans for individuals.
A man's Rs 4 lakh donation to a political party for an 80GGC tax deduction was flagged as suspicious. The Income Tax Appellate Tribunal (ITAT) added Rs 40,000 to his income, noting the party provided accommodation entries. While the man was not directly implicated in the scam, the ITAT made a 10% addition to plug revenue leakage.
New draft Income Tax Rules for 2026 significantly increase the taxable value of company-provided motor cars. These changes, affecting both old and new tax regimes, will lead to higher income tax for employees using employer-provided vehicles for mixed or personal use, with revised perquisite values now reflecting current economic realities.
9 Nifty500 stocks with rising Promoter pledges in Q3FY26
This can indicate financial stress or the need for liquidity, as it suggests the promoters are using their shares to secure funding.
Edelweiss Mutual Fund launches Greater China Equity Fund via GIFT City
Edelweiss Mutual Fund has launched the Edelweiss Greater China Equity Fund through GIFT City, allowing investors to invest online with a minimum investment of $5,000. The new offering feeds into the existing Edelweiss Greater China Fund, providing exposure to Chinesechina equities.
Bank of Baroda slashes floating rate car loans by 30 bps
The bank will not charge individual borrowers for prepayment/ part-payment on floating rate car loans
Bandhan Multi Asset Allocation Fund crosses Rs 2,700 crore AUM mark in 2 years
Bandhan Multi Asset Allocation Fund crosses Rs 2,700 crore AUM in two years, delivering strong returns. The schemes multi-asset strategy spans equities, gold, silver, arbitrage, and fixed income, offering investors diversified exposure, stable wealth creation, and tax-efficient equity returns. SIPs start at Rs 500, making it accessible for long-term investing.
Gold rate today: Gold prices surged across India on Monday, February 9, 2026, impacting major retailers like Tanishq and Kalyan Jewellers. Spot gold on MCX saw a significant jump, with IBJA rates also climbing for various purities.
NFO Update: Mirae Asset Mutual Fund launches Nifty Metal index based passive fund
Mirae Asset launches an open-ended fund of fund investing in the Nifty Metal ETF, offering passive exposure to Indias metals and mining sector, tracking Nifty Metal TRI, with defined allocations, managers, timelines, and a 5,000 minimum investment during initial offer.
NFO Monitor: Angel One Mutual Fund launches silver-based ETF and FoF
Angel One Asset Mutual Fund has launched the Angel One Silver ETF and Silver ETF FoF, with NFOs open for subscription until February 19 and 23, respectively. Both schemes provide exposure to silver by tracking domestic prices. The ETF can be invested in via NSE, while the FoF allows participation without a demat account, offering investors a simple and transparent way to invest.
How will Sebis BERTER norms impact mutual fund expenses for retail SIP investors?
Sebis revised Base Expense Ratio and Total Expense Ratio framework clarifies mutual fund costs for retail SIP investors. While there is no immediate impact on deductions, the transparent separation of fund management, taxes, and brokerage may modestly lower expenses over time and slightly improve net returns, visible in scheme fact sheets and AMCs websites.
Best-performing NPS equity funds: Up to 15% returns in 5 years. Check details
National Pension System equity funds have provided strong returns over the last five years, with Kotak, ICICI Prudential, UTI, and LIC Pension Funds yielding over 14%. Other funds including HDFC, ABSL, and SBI delivered between 12% and 14%.
Tata AIA rolls out Value Index Funds with life insurance cover
The funds maintain 70-100 per cent allocation to equities and equity-related instruments, with the remainder in cash and money market instruments
NFO Alert: Bajaj Finserv Mutual Fund launches Bajaj Finserv Low Duration Fund
Bajaj Finserv Mutual Fund has launched the Bajaj Finserv Low Duration Fund, an open-ended debt scheme targeting investors seeking short-term income with liquidity. The NFO, open until February 16, will maintain a Macaulay duration of six to 12 months. The fund aims to offer better accrual potential than traditional savings options without equity market risk.
Revised deposit insurance norms to support profitability of better rated Banks: ICRA
The new norms can improve the return on ayssets by almost 4 basis points (bps) for strong banks with a long operating history
Build a boring thali: Radhika Guptas 65-10-10-15 multi-asset formula for your portfolio
Radhika Gupta advises investors to build a boring thali a balanced, diversified portfolio to navigate volatile markets, instead of chasing trends or timing the market. The multi-asset omni strategy has been tested through market volatility and aims to provide stability.
Suraj Nangia, founder, Nangia Global, says an Indian traveller who has resided abroad for over one year can bring in a limited amount of gold jewellery duty-free: up to 20 grams for men and 40 grams for women. He reveals travellers exceeding the duty-free jewellery allowance face a tiered duty structure, starting around 3% and rising to 6% and 10% for higher quantities.
Mukhyamantri Majhi Ladki Bahin: Women beneficiaries of the Mukhyamantri Majhi Ladki Bahin scheme can now correct errors in their e-KYC process. The Maharashtra government has extended the deadline for these corrections to March 31, 2026.
The Bank recently received RBIs approval to establish a wholly owned subsidiary for undertaking SPD business by infusing capital of up to 2000 crores
Best large & mid cap funds to invest in February 2026
According to mutual fund advisors, these schemes will evolve over a long period. There will be schemes that will be inclined towards large cap stocks and some schemes will be leaning toward mid cap stocks. This will make it easier for investors to choose the schemes based on their risk tolerance.
Gold and silver ETFs rally upto 12% after last weeks sharp sell-off. What should investors expect?
Gold and silver ETFs rallied significantly on Monday, with some silver ETFs surging up to 12% after a sharp sell-off last week. Gold futures also saw a 2% jump. This rebound follows a historic rout in precious metals, with traders now closely watching US economic data for Federal Reserve policy cues.
RBI likely at end of rate-cut cycle, to opt for long pause as inflation risks tilt up: BoB Report
The report noted that recent RBI policy signals show the Monetary Policy Committee is now prioritising growth support and financial stability over further rate cuts
Silver ETFs have significantly outperformed gold ETFs over the past four years, delivering a nearly 62% XIRR compared to gold's 42%. Experts attribute this to a low base effect and silver's industrial demand, but caution against over-allocation due to its higher volatility. Gold remains a core portfolio stabilizer.
Divis Labs Share Price Live Updates: Divis Labs' beta indicates lower market risk
Jio Financial Services Share Price Live Updates: Market Snapshot: Jio Financial Services
Tata Motors PV Share Price Live Updates: Tata Motors PV's beta highlights risk factors
Bharti Airtel Share Price Live Updates: Bharti Airtel's Beta Overview
Asian stocks rise, Nikkei jumps after Takaichi win
Asian markets opened higher, mirroring a Wall Street surge. Investors are showing renewed interest in cyclical stocks, moving away from technology. This shift comes as markets assess demand and intense scrutiny on artificial intelligence valuations. A strong performance in Japan's Nikkei 225 index also boosted sentiment. This sets a dynamic tone for the week ahead.
Returning to India for retirement? Your 6-step plan
Returning home makes tremendous sense for senior Indians, economically and socially. But for those who want to buy a property in a facility right away, for use in a future date, a word of caution: property choices tend to modernise rapidly; and the rupee continues to depreciate.
PROI: Residential status and investment options
A person resident outside India (PROI) has distinct residential statuses under FEMA and the Income Tax Act, impacting foreign exchange transactions and tax liability respectively. FEMA status hinges on intention of stay, while tax status depends on physical presence. PROIs can invest in Indian equities, own property (excluding agricultural land), and open various bank accounts.
RBI tightens rules on mis-selling, recovery abuse
The Reserve Bank of India is prioritizing customer protection in its latest monetary policy. New rules will target mis-selling of financial products and harsh loan recovery practices. A compensation framework for small-value fraudulent digital transactions is also proposed. These steps aim to make the financial system safer and fairer for consumers across India.
Equity vs Debt vs Gold: Best asset mix in 10 years
Experts recommend diversification. While asset allocation is the way to go, the question remains: what is the best combination? Portfolios with gold have delivered a notable returns boost in recent years, while those with zero gold exposure have persistently lagged. By Sameer Bhardwaj.
Why health insurance, contingency fund are must
Start small by saving a fixed amount each month, separate from other financial goals, and in a few years, youll have a solid buffer. Say you pick a mix of 50% in a debt/equity savings fund and the remaining 50% in aggressive hybrid funds.
Chase early retirement with step up SIP
The Portfolio Doctor analyses investor Sarika Sachdeva's fund portfolio, identifying a need to streamline her investments for early retirement. The advice includes reducing the number of equity funds, balancing NPS exposure, and increasing SIPs annually to meet her Rs 1 lakh monthly income goal by age 53. Health insurance is also recommended.
Love isnt enough: Partners money habits matter
Love often overlooks financial compatibility. Experts warn of red flags in dating, from unequal spending to conflicting money personalities. Ignoring these signs can lead to marital discord and divorce. Open communication about finances is vital. Recognising and addressing financial attitudes early prevents future conflict and ensures a stable financial future for couples.
Equity taxation rule changes in Budget 2026 explained
New tax rules for equity investors are coming. From April 2026, share buybacks will be taxed as capital gains. Dividend tax rules are also changing, with interest expense deductions being withdrawn. Bonus shares and stock splits continue to have tax implications only upon sale. Understanding these changes is vital for maximising investment outcomes.
RBI rate cuts: What it means for deposits, loans
Over the last year, the Reserve Bank of India has supported the government bond market through purchases. The market is concerned that similar support may be absent next year. Our currency has been weakening for quite some time, except for the latest pullback.
Why municipal bonds may be next fixed-income theme
The Union Budget introduced a Rs.100 crore incentive for municipal bond issuances exceeding Rs.1,000 crore, aiming to boost India's nascent market. This move encourages large city corporations to tap capital markets for infrastructure projects, complementing existing AMRUT support for smaller issuances. The initiative seeks to foster fiscal discipline and enhance secondary market liquidity.
India woos NRIs: 5 key tax and property changes
Union Budget 2026 ushers in major changes for Non-Resident Indians. Property transactions become simpler. A one-time window allows disclosure of foreign assets. Visiting professionals receive tax exemptions. Investment limits in Indian equities are raised. The tax regime is streamlined. These measures aim to boost NRI participation in India's growth.
Come clean or face the heat: 5 Budget 2026 signals
Budget 2026 signals stricter tax enforcement, urging taxpayers to disclose foreign earnings and assets now or face increased scrutiny. New schemes offer amnesty windows for past non-disclosures, while updated provisions allow for late corrections with penalties, encouraging voluntary compliance. Budget 2026 offers relief routes for honest errors, but the onus is now on taxpayers to be transparentmake accurate disclosures, claim genuine deductions.
Silver, gold fall hard: Buy the dip or exit now?
Gold and silver prices have seen a significant drop after reaching record highs. This correction follows a period of rapid gains driven by speculative demand and fear of missing out. Experts suggest this pullback is a healthy market adjustment, but investors should remain cautious and maintain balanced asset allocation.
ICICI Pru's Anish Tawakley moves to DSP Asset Managers
Anish Tawakley, co-chief investment officer for equities at ICICI Prudential Asset Management Co., has resigned from his position. He managed a significant 1.07 lakh crore across several funds, including the Large Cap and Small Cap funds. Tawakley is now slated to join DSP Asset Managers as its chief investment officer.
Tactical Play: Investors can consider gilt funds with bond yields elevated
Investors can now consider gilt funds for tactical fixed income allocations. Long-tenure government bond yields have risen, offering attractive opportunities. Fund managers suggest current yields on the 10-year G-Sec present a sensible entry point. This move aims to capture elevated yields and potential capital appreciation. Investors can benefit from coupon payments and rising bond prices as yields ease.
I-T dept invites stakeholder views on draft rules under new Income Tax Act
The Income Tax department on Sunday said it has invited inputs and suggestions from stakeholders on the draft tax rules and forms under the new Income Tax Act, 2025, which will come into effect from April 1. To encourage wider stakeholder participation, the proposed Income Tax Rules, 2026, and corresponding Forms have been uploaded on the official website: www.incometaxindia.gov.in before their final notification, it added. As part of a wider consultative process, the Central Board of Direct Taxes (CBDT) invites inputs and suggestions from stakeholders in the following four categories - simplification of language, reduction of litigation, reduction of compliance burden and identification of redundant/obsolete rules and forms, the I-T department said in a statement. Stakeholders are encouraged to study the same and make suggestions, which will be compiled and considered for review before final notification, it said. To facilitate this, a utility has been launched on the e-filing .
E-way bill generation hits second-highest level in January at 136.83 mn
E-way bill generation rose to 136.83 million in January, the second-highest monthly level on record, marking a 42.6 per cent year-on-year increase amid stronger goods movement
ET Wealth Reader's Query: I am 45, married, with a school-going child and dependent parents. I have employer health insurance of Rs.5 lakh and an additional personal policy of Rs.3 lakh. Is this cover adequate?
Mutual fund NFOs: 8 new funds will open for subscription this week. Check dates and details
Sunil Singhanias Abakkus Mutual Fund crosses Rs 3,000 crore AUM in less than 2 months
The fund house posted on social media platform X, Every milestone is built one disciplined step at a time. Crossing Rs 3,000 crore AUM is not just a number; its your trust, our discipline, and a shared journey of steady growth. Thank you for being part of this journey.
Equity mutual funds post up to 8% weekly swings. Check winners and losers
SBI Q3 PAT up 24% on strong loan growth, stable asset quality
The bank received a special dividend of 2,200 crore from its subsidiary SBI MF, and it intends to complete IPO process of the company before 2026 end, Chairman CS Setty said
The Income Tax Department has released draft Income Tax Rules, 2026, and forms for public feedback, aiming to simplify taxpayer experience and align with the Income Tax Act, 2025. These new rules, set to replace the 1962 rules and become effective from April 1, 2026, introduce simplified language, standardized information, and smart forms with pre-fill capabilities.
Bitcoin on shaky ground as crypto markets seesaw
Bitcoins price drop linked to thin liquidity and market volatility
Karur Vysya Bank inaugurates 900th branch in Chennai
The Karur-headquartered bank reported a total business of 2.11 lakh crore as on December 31, 2025
SBI Q3 PAT up 24% on stable NII growth
Gross advances grew 15% y-o-y to 46.83 lakh crore in Q3, while deposits rose 9% y-o-y to 57.01 lakh crore
The 8th Central Pay Commission has launched its official website and a questionnaire. This initiative seeks valuable opinions and inputs from various stakeholders, including government employees and pensioners.
Kotak denies filing bid to acquire IDBI Bank
On Friday, various media reports had said that the Centre has received financial bids to acquire IDBI Bank from Prem-Watsa-backed Fairfax, Emirates NBD and Kotak
The RBI's decision to maintain the repo rate at 5.25% means banks are unlikely to lower fixed deposit interest rates soon. Senior citizens relying on FD income may see a decrease, though existing investments remain unaffected until maturity. Top SFBs like Utkarsh and Jana offer 8% for senior citizens.
Edelweiss Gold and Silver ETF FoF among top 5 commodity ETFs for 3 year investment period
Commodity-focused ETFs have delivered strong three-year returns, led by gold and silver funds. Edelweiss and Motilal Oswal top the list, while UTI, SBI and Quantum offerings provide diversified exposure for investors with a medium-term horizon seeking stability and inflation protection.
Planning to save Rs 25,000 monthly? Here is how much you will generate in 25 years
A monthly SIP of Rs 25,000 invested over 25 years can help investors build a substantial corpus through disciplined investing. This analysis explains how investment horizon, expected returns and regular contributions shape long-term wealth creation, while highlighting the importance of goal-based planning before starting a SIP.
Sovereign gold bond : The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bonds, Series XI, issued in February 2021. Investors can redeem these bonds after five years.
HDFC Bank lending rates after RBI announcement: Has bank changed MCLR rates for some of its tenures?
HDFC Bank has lowered its Marginal Cost of Funds-based Lending Rates by 5 basis points on specific loan tenures. This change will benefit borrowers with loans linked to this regime. The revised rates will be effective from February 7, 2026. The Reserve Bank of India has kept its repo rate unchanged.
Quant Small Cap Fund exits ONGC and 3 others, adds Gillette India in its portfolio in January
Quant Small Cap Fund reshuffled its portfolio in January 2026, exiting ONGC and three other stocks while adding Gillette India. The fund increased exposure to select small cap names, reduced stakes in a few holdings, and maintained positions across 83 stocks, according to its latest monthly factsheet.
The Supreme Court ruled that a tenant's long-term possession of a property does not automatically finalize a sale agreement, even with partial payment. The court emphasized that possession must stem directly from the sale agreement, not from an independent tenancy, to be considered a deemed conveyance. The sale agreement was admitted as evidence, but ownership remains undecided pending further trial.
Saturday Bank Holiday 2026: Are banks open or closed today on February 7, 2026?
The Reserve Bank of India (RBI) issues an yearly holiday calendar where state-specific holidays are mentioned. Customers can also utilize digital banking services for various transactions.
DIPAM receives financial bids for IDBI Bank
The successful bidder would also be subject to the RBIs fit and proper assessment
Expect policy rates to be low for a longer period: RBI Guv
Underlying inflation is low, even forecasts are much lower than the inflation target, says Sanjay Malhotra
RBI removes investment cap under voluntary retention route for FPIs
The RBI has removed the Rs 2.5-trillion investment cap under the voluntary retention route for FPIs to deepen bond markets, enhance capital flow stability and encourage long-term foreign participation
Risk-based deposit insurance framework to be ushered in for Banks from April 1st
DICGC said based on the risk assessment score obtained using its internal rating methodology, each bank will be categorised into four groups, namely A, B, C and D
Nearly 51% people report losing money to online scam, shows survey
A new survey shows online scams are widespread in India, with most users encountering fraud attempts daily and many falling prey to impersonation, QR code traps and emerging deepfake threats
RBI eases norms for small NBFCs, exempts non-customer-facing firms
The Reserve Bank of India has eased compliance for low-risk NBFCs by exempting certain non-customer-facing firms from registration and proposing to drop prior approval norms for branch expansion
Macro fundamentals, including external sector, are strong and healthy: RBI
RBI Governor Sanjay Malhotra says India's macro fundamentals and external sector remain robust as borrowing, liquidity and rate outlook stay comfortable
RBIs type-1 NBFC proposal may halve number of NBFCs
Gold loan NBFCs with over 1,000 branches may no longer need prior RBI approval for opening new branch
Unclaimed deposit payouts jump after RBI campaign, cross 1,000 crore
Targeted RBI campaigns and incentives have sharply increased the pace of unclaimed deposit settlements, pushing monthly payouts to over Rs 1,000 crore, compared with Rs 100-200 crore earlier, RBI said
RBI steps up credit delivery, allows REIT lending and doubles MSME loan cap
The central bank has proposed allowing banks to lend to REITs and doubled collateral-free loan limits for MSMEs, signalling a stronger push to widen credit access amid robust loan growth
Surge in gold loan growth not a cause of concern: Reserve Bank of India
Banks are shifting from unsecured loans to gold-backed lending amid rising gold prices, but RBI says low LTVs and limited exposure pose no systemic risk
Sundaram Home Finance eyes 500 crore Emerging Business disbursements this fiscal
Sundaram Home Finances Emerging Business branch network doubles to 100 in 12 months; expansion accelerates beyond Tamil Nadu
Life insurance industrys new awareness campaign reaches 35.5 crore people across all channels
During the initial three-month period (JulySeptember, 2025), the Sabse Pehle Life Insurance campaign had reached approximately 31 crore people overall, including 17 crore through digital channels
PSL classification lapses limited to few banks, not system-wide: RBI
The Reserve Bank of India said recent issues flagged in priority sector lending classification at some large private banks are isolated cases, and announced plans to issue revised instructions
RBI sets up committee to review business correspondent guidelines
The Reserve Bank of India has constituted a committee to review the regulatory framework for business correspondents, with draft guideline amendments to be released soon for public consultation
