12 C 
Aircraft that carried Ajit Pawar holds 210 crore in liability insurance
The aircraft of VSR aviation, solely insured by ICICI Lombard General Insurance, was valued at 50 crore
eClerx Services announces 1:1 bonus issue, reports 40% YoY Q3 PAT growth
eClerx Services approved a 1:1 bonus share issue alongside robust Q3FY26 results. Net profit rose 40% year-on-year, while revenue grew strongly, supported by steady execution, higher USD revenues, and resilient operating performance despite marginal margin compression.
Attracting funds into distressed assets space: ARCs seek better tax treatment for AIFs
According pass-through status for AIFs will help its investors earn better return on their investment
Monthly average ATM withdrawal up 4.5% at 5,835 in CY2025: CMS report
The monthly average ATM withdrawal consistently remained well above 5,700
Why this is the money masterclass you cant afford to miss
The Economic Times presents The Psychology of Money Masterclass with Morgan Housel, a live online experience designed to transform how people think about money, risk, and decision-making. Focused on behaviour rather than formulas, the masterclass combines global insights with Indian investing perspectives to help participants build a healthier, long-term relationship with money.
SBI Life third-quarter net profit up at 577 crore as tax cuts boost demand
SBI Lifes net premium income grows 22% to 30,245 crore
Online reward points, payment flows integrate to improve monetisation on online payments platforms
Newer models are enabling rewards to function as payment value at checkout, improving utilisation while aligning incentives across consumers, issuers and merchants
Nippon India Gold & Silver ETFs cross Rs 1 lakh crore AUM, emerge as market leader
Among the Top 10 AMCs managing Gold and Silver ETFs, Nippon India Mutual Fund leads with the highest combined AUM, ahead of peers like ICICI Prudential MF (Rs 48,165.7 crore), HDFC MF (Rs 34,075.7 crore), and SBI MF (Rs 33,103.6 crore).
New Aadhaar App: The government has launched a new Aadhaar app offering secure and convenient access to UID services. Users can now update mobile numbers and addresses, verify Aadhaar cards instantly, and selectively share identity attributes, all without physical visits or paperwork.
Is continuing NPS investment the right choice for long-term retirement planning?
Which mutual funds to pick for SIPs in January? Aggressive investors weigh in
Aggressive investors suggest prioritizing high growth mutual funds like small cap, midcap, flexi cap, and sectoral schemes for SIPs in January to potentially maximize long term returns while accepting higher volatility.
SBI Research proposes aligning fixed deposit interest tax with capital gains. It also suggests shortening the lock-in for tax-saving FDs to three years, matching ELSS mutual funds. This aims to offer tax Section 80C tax benefits also to those investors who invest in 3-year FDs. As Finance Minister Nirmala Sitharaman presents Budget 2026 on Sunday (February 1, 2026), many investors expect changes related to FD interest.
Medical inflation in India is soaring, making health insurance unaffordable and leading to higher out-of-pocket expenses. Taxpayers hope Budget 2026 will bring regulation to hospital pricing and insurance premiums. Experts call for government intervention to control rising healthcare costs and ensure better patient protection.
Punjab National Bank urges Sovereign Gold Bond investors to verify their accounts at branches, especially if interest payments are missed or bonds are maturing. The bank clarifies it's not liable for payout delays due to incorrect or closed account numbers. Investors are advised to update details before closing operative accounts to ensure timely redemption and interest credits.
The budget sits between the bumper budget presented in February 2025 and the upcoming Income Tax Act 2025 which will be implemented from April 1, 2026. This really makes the upcoming budget as a bridge to move from present to the future with enhanced focus on trust, ease of compliance and use of technology.
A financial planner proposes a two-stage strategy for those nearing 50 to build a Rs 1 crore corpus by 60 and then withdraw a Rs 60,000 monthly income with a 5% annual step-up for 25 years. This ambitious plan involves a 20% annual SIP step-up and relies on high investment returns, but one should also analyse the feasibility of these assumptions.
ET Wealth Reader's Query: I have been employed with a company for a long time, and have accumulated approximately Rs 24 lakh in superannuation and Rs 9 lakh in gratuity. If I resign and take up a new job, will the superannuation and gratuity be taxed on transfer/withdrawal?
NPS Swasthya Pension Scheme: The PFRDA has launched the NPS Swasthya Pension Scheme, a voluntary contributory scheme offering financial support for medical expenses. Eligible Indian citizens can contribute any amount, with those over 40 allowed to transfer up to 30% from their common account.
Budget 2026 should address discrepancies in the Capital Gain Account Scheme (CGAS) by basing deposits on actual sale consideration, not stamp duty value. This change is crucial as current rules can lead to shortfalls when stamp duty exceeds sale price, TDS is deducted, or payments are in installments, potentially causing litigation.
Eighteen equity mutual funds delivered over 1.85 times returns on lumpsum investments over three years, led by mid and small cap schemes. The analysis highlights top performers while reiterating that returns vary based on risk profile, market conditions and investment horizon.
A Delhi family has successfully reclaimed 6.8 kg of gold and Rs 40 lakh cash. The Delhi High Court permitted the release after the family paid Rs 2.5 crore as advance tax. The seized items were taken during an income tax search. The family cited an upcoming wedding as the reason for needing the gold.
Signed by the President on 21 August 2025, the New Income Tax Act focusses on cleaning up the tax code by removing obsolete provisions, consolidating existing ones and reflecting overall the measures taken to modernize the tax architecture in alignment with global provisions as well as domestic aspirations.
Gold vs silver ETF: Which metal deserves a place in your portfolio amid market volatility?
Gold and silver prices are soaring, prompting investors to consider ETFs. Experts advise prioritizing gold over silver for diversification, with a recommended commodity allocation of 8-10%. Multi-asset funds are also suggested for balanced rebalancing across asset classes. Investors should approach new investments cautiously, favoring SIPs over lump sums.
Is travel a waste of money or a smart life investment in 2026? How to balance trips and wealth
Why many middle-class Indian kids grow up financially stuck: 8 home habits behind it
Best medium to long duration funds to invest in January 2026
According to Sebi norms, medium to long term funds have a mandate to invest in debt and money market instruments in such a way that the Macaulay's duration of the portfolio is four to seven years. Since these schemes invest in long-term debt instruments, they are considered risky.
SBI Share Price Live Updates: SBI's Market Update
Cipla Share Price Live Updates: Cipla's Trading Summary
Can income-plus arbitrage FoFs deliver stable, tax-efficient returns?
Income-plus arbitrage fund of funds offer a stable, tax-efficient fixed-income option for investors seeking to avoid equity and recent precious metal volatility. These schemes blend debt and arbitrage strategies, providing stability from debt and low-risk, tax-advantaged returns from arbitrage opportunities.
G-Sec yield spike: RBI advances OMO purchase auctions
This comes on the back of a weak rupee and uncertainty over the India-US trade deal, and news that Bloomberg Index Services would delay inclusion of Indias fully accessible route bonds in its flagship Global Aggregate Index
Western Union launches Global Capability Centre in Hyderabad
We are combining deep engineering expertise with advanced AI capabilities to go beyond payments, accelerate innovation, and deliver seamless, secure experiences for millions of customers worldwide,
RBI and ESMA sign MoU on coop and exchange of info for recognition of central counterparties
This move will facilitate capital flows into the Indian financial markets from EU countries
Karur Vysya Bank attributes record profits to a series of strategic measures by the bank
Cost control, better recovery and yield management drove this performance, says MD & CEO Ramesh Babu
One-day strike for five-day week: Services in state-owned banks and old-generation banks affected
Banking operations across the country were affected on Tuesday following the one-day strike
How to save tax on capital gains? Experts weigh in
Tax harvesting involves strategically selling investments to realise capital gains or losses and then reinvesting the money. The goal is to use tax exemptions and set-off rules to lower future tax liability without changing long-term investment plans.
The Department of Public Enterprises has clarified gratuity rules for Central Public Sector Enterprise employees. A Rs 20 lakh gratuity payment is now mandatory for all CPSEs from March 29, 2018, regardless of their financial capacity. This change follows an amendment to the Payment of Gratuity Act, 1972. Earlier, affordability was a condition for certain employees.
Gainers & Losers: Adani Enterprises among 7 stocks that moved most on Tuesday. Heres why
Indian markets ended higher as buying in financials, IT and metals offset weakness in auto and FMCG stocks. Adani Enterprises, Axis Bank, BPCL and Apex Frozen Foods gained, while Asian Paints, auto stocks and Sula Vineyards declined.
Why gold and silver are returning to Indian portfolios - for reasons beyond tradition
Indian households are returning to gold and silver, not out of tradition, but as part of a more structured approach to financial stability. As income becomes less predictable, these metals are finding a new role within diversified portfolios, alongside market-linked assets and passive income strategies that together support long-term financial freedom.
JioBlackRock Sector Rotation Fund is open for subscription. Should you invest?
The JioBlackRock Sector Rotation Fund uses AI, big data, and BlackRocks SAE approach to dynamically adjust sector exposures. Designed to complement core equity funds, it aims to enhance diversification, manage risk, and capture sectoral opportunities, offering Indian investors a top-down, sector-focused investment strategy. Investors can subscribe to the scheme until February 9.
Baroda BNP Paribas Money Market Fund crosses Rs 4,500 crore AUM mark in 6 years
Baroda BNP Paribas Money Market Fund has crossed Rs 4,500 crore in assets under management after completing six years. The fund has delivered steady returns, maintained high credit quality and liquidity, and outperformed its benchmark amid a declining interest rate environment.
Gold prices are surging, with a significant jump expected in January 2026. Consumers planning to buy gold jewellery should monitor rates from leading brands like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas.
NFO Update: SBI Mutual Fund announces launch of SBI Quality Fund
SBI Mutual Fund has launched SBI Quality Fund, an open-ended equity scheme focused on the quality factor, aiming long-term capital appreciation by investing in fundamentally strong companies, with the NFO opening January 28 and closing February 11 for retail investors.
7 equity mutual funds deliver over 20% CAGR across 3, 5 & 7 years. Do you own any?
Edelweiss Mid Cap Fund posted CAGRs of 24.58%, 22.85%, and 21.95% over the last three, five, and seven years, respectively. It was followed by HDFC Mid Cap Fundthe largest mid-cap scheme by assets under managementwhich also delivered over 20% CAGR across all three periods.
Tax-saving FD lock-in should be cut to three years, at par with ELSS in Budget 2026: SBI
State Bank of India has urged the government to cut the lock-in period for tax-saving fixed deposits to three years in Budget 2026, align interest taxation with capital gains, and remove TDS to boost bank deposit mobilisation.
Looking for low cost and high return ETFs with a three year investment period? Here are the top 5
Silver-based ETF FoFs have emerged as a low cost investment option, delivering over 62% returns in three years. Here is a comparison of the top five silver ETF funds based on returns, expense ratios, and assets under management.
Think retirement income is tax-free? Heres how pension, EPF, NPS, and gratuity are taxed
Confused between old and new tax regime? A smart guide for middle-aged taxpayers
How are your retirement benefits taxed? What retirees must know
UST signs six-year technology deal valued at over 500 crore with Muthoot Pappachan Group
UST to bring in enhanced tech stack involving modern engineering and industry-leading platforms
NFO Alert: Edelweiss MF launches Financial Services Fund
Edelweiss Mutual Fund has launched a new financial services equity fund, open for subscription until February 10. This scheme aims for long-term growth by investing in high-quality companies across India's expanding financial sector, driven by rising consumption and digital adoption. Managed by experienced professionals, it targets investors comfortable with sector-specific risks for potential capital appreciation.
Union Mutual Fund launches Arthaya SIF, appoints Rajesh Aynor to lead this platform
Union Asset Management Company has launched 'Arthaya SIF', a Specialized Investment Fund platform offering purpose-led, actively managed strategies across equity, hybrid, and fixed income. This move expands their product suite, providing agile and tailored solutions for investors seeking strategic, outcome-oriented portfolios. The platform aims to deliver value through clarity, adaptability, and alignment with long-term goals.
How freshers are landing jobs via X; a step-by-step guide to using X for job hunting
Bank employees go on strike to press demand for 5-day week
Currently, while RBI, LIC, GIC etc are working 5 days a week, with all Saturdays of the month being a holiday, Banks have only 2nd and 4th Saturday holiday
The House Rent Allowance (HRA) continues to offer an advantage to the old tax regime, despite the new regime's lower tax liability in some scenarios. Budget 2026 should consider expanding the definition of metro cities and linking HRA limits to objective housing cost indicators to address regional disparities and inflation.
NFO Insight: Can JioBlackRock Sector Rotation Fund help investors navigate market cycles?
JioBlackRock Mutual Fund has launched the JioBlackRock Sector Rotation Fund, an open-ended equity scheme that dynamically shifts sector weightages based on market cycles. The NFO is open for subscription until Feb 9 and follows BlackRocks Systematic Active Equities (SAE) approach.
Jefferies cuts Paytm price target to Rs 1,450 on incentive structure changes
Jefferies has cut its price target on Paytm to Rs 1,450 after removing PIDF incentives from estimates, trimming EBITDA forecasts for FY27 and FY28. Despite the downgrade, the brokerage maintained its Buy rating, citing strong core business traction.
Individuals and HUFs can get tax exemption on selling urban agricultural land. This benefit applies if the capital gains are reinvested in new agricultural land within two years. The exemption amount is capped by the capital gain or the reinvestment cost. The new Income Tax Act, 2025, continues this provision.
Mahindra, Tata, Hyundai, other auto stocks fall up to 5%. Heres why
Auto stocks fell sharply as investors reacted to reports that the India EU free trade agreement could significantly lower import tariffs on European cars. Concerns over increased competition weighed on shares of Mahindra, Tata Motors, Hyundai and Maruti Suzuki.
Best medium duration mutual funds to invest in January 2026
Medium duration mutual funds are extremely sensitive to changes in the interest rate environment. They suffer when the rates go up. Mutual fund advisors say many conservative investors would find it difficult to handle the volatility faced by these schemes.
Gold and silver prices hit fresh lifetime highs on the MCX amid strong safe haven demand, geopolitical tensions and a weaker dollar. Analysts see continued volatility, with bullion expected to remain firm and buying on dips advised.
Axis Bank shares surge 4% as Q3 PAT rises 3% YoY. Should you buy now?
Citi has upgraded Axis Bank to Buy from Neutral and raised its target price to Rs 1,463 from Rs 1,323, citing strong core earnings and improved return metrics, with RoA at 1.5%.
Waaree Renewable Technologies shares are in focus after its board approved acquiring a 55% stake in Associated Power Structures Limited for Rs 1,225 crore, a move expected to strengthen its power infrastructure presence and act as a near term stock trigger.
Bank holiday today? The United Forum of Bank Unions (UFBU) has called for an all-India bank strike today, January 27, 2026, potentially disrupting services at major banks like SBI and PNB. While not an official holiday, the strike is organized by unions advocating for a five-day work week for employees.
Axis Bank looks to bolster Axis Finances capital; roping in a strategic partner an option
By getting in a strategic partner, the Bank can dilute equity its stake in the subsidiary and raise some capital for it, the official said. There is also a possibility that the subsidiary can fund its future growth by deleveraging
IIFL may consider IPO for housing finance company arm in 3-6 months, says MD
To raise 1,000-1,500 crore via NCDs in February, said MD Nirmal Jain
Union Budget 2026: Will capital gains tax rules be simplified for mutual fund and retail investors?
With the Union Budget 2026 approaching, capital gains taxation has emerged as a key area of focus for investors. Tax experts say that while major structural changes may be limited, the Budget could address simplification of holding period rules, rationalisation of exemptions and removal of procedural anomalies affecting mutual fund and retail investors.
Axis Bank Q3 profit rises 3% amid strong loan and deposit growth
Net advances grew 14 per cent, led by corporate and SME banking, while deposits rose 15 per cent
Union Budget 2026: Could married couples combine incomes to pay less tax? Experts explain
The Institute of Chartered Accountants of India (ICAI) has proposed allowing married couples to file a joint income tax return in India, a move that could significantly reduce the tax burden for single-earner households and simplify compliance, while remaining optional for others.
Blackstone eyes more hiring in Asia to tap private market demand
Investment managers are increasingly eager to capture money flows from high net-worth individuals, in large part because these investors still have negligible exposure to private equity and private credit
From last Republic Day to now: 18 smallcaps soar up to 469%
As Budget 2026 approaches, taxpayers anticipate a more consistent capital gains tax framework. Experts suggest aligning holding periods for different assets, clarifying taxation on contingent considerations, and potentially reducing long-term capital gains rates to encourage wealth creation and simplify tax planning.
Should you stop SIPs during market corrections? Heres what investors need to know
Systematic Investment Plans (SIPs) in mutual funds are widely promoted as a simple and disciplined way to build long-term wealth. However, when markets turn volatile or portfolios show short-term losses, many investors begin to question whether SIPs would work in all conditions.
Bank Holiday Today: Are banks across India closed on January 26 for Republic Day 2026?
Public and private sector banks across all states and Union Territories of India remained closed on Monday, January 26, on account of the 77th Republic Day of India, which is a national holiday.
Higher exemption, lower rates, more deductions: what ET readers want and can Budget deliver?
An Economic Times survey reveals that a majority of taxpayers ask for lower tax rates and higher exemption limits. Experts advocate for expanding income slabs over rate cuts to benefit more people. They also suggest increasing the standard deduction and allowing NPS self-investment deductions in the new tax regime.
Mutual Fund AUM growth slows to 3-year low in 2025
Mutual fund AUM and investor folios saw multi-year low growth in 2025 due to subdued stock market performance and a high base from previous years. Equity AUM growth halved, while overall AUM increased by 20% and folios by 16%, reflecting cautious investor sentiment.
ICICI Prudential AMC stops inflows into 2 FoFs
ICICI Prudential Mutual Fund has announced the grandfathering of two fund-of-funds schemes, the Passive Multi Asset FoF and Global Advantage Fund, effective January 27. This move bars new investments while allowing existing investors to remain. The decision stems from the schemes not fitting Sebi's classification for multi-underlying fund-of-funds.
Republic Day bank holiday: Are banks open in your state today?
Banks across India will be closed on Monday, January 26, 2026, to observe Republic Day, a national holiday. While some state-specific holidays may also affect bank operations in January, Republic Day is a nationwide closure. This date commemorates India's adoption of its constitution and transition to a republic.
Fast US green card? Key facts on EB-5 investor visa
Invest $800,000 for a US green card. This EB-5 visa offers permanent residency for investors, spouses, and children. It requires no employer sponsorship. Funds can come from various sources, including cryptocurrency. The process involves USCIS fees and legal costs. Benefits include work permits, educational advantages, and a path to citizenship. This program has welcomed over 100,000 applicants.
Investor portfolio check-up: What needs to be fixed
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
10-year return tracker of best indices in world
To capture the real value from an Indian investors standpoint, these returns are adjusted to reflect their equivalent in Indian rupees. The key takeaway: no market dominates, diversification matters. By Sameer Bhardwaj.
3 hacks to build strong personal finance habits
Not all of us are wired to follow routines. We can, however, trick our brain into believing these are not boring and repetitive tasks that must be monotonously done, but quick checks that only take a few minutes. As we attempt one new little thing a week, before long we know all the accounts, flows, investments and loans, having seen them one by one over time.
Inherited assets? 6 tax tasks heirs must complete
Navigating taxes after inheriting assets can be complex. Legal heirs can file the deceased's tax returns and receive refunds, but their liability is limited to inherited assets. Future income from inherited assets is taxable, and while inheritance itself isn't taxed, capital gains and other income streams are subject to standard tax rules.
