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Want 1 crore in the next 10 years? Here's how much you need to invest in SIP

Mutual Funds: To accumulate 1 crore in the next 10 years, you must invest 43,470.95 every month in mutual funds via a systematic investment plan, assuming a 12% annual rate of return.

3 Dec 2025 9:34 pm
Best Mutual Funds: These mid-cap funds delivered over 25% annualised returns in past 3 years. See list

There are half a dozen mid-cap mutual funds that have delivered over 25% annualised returns in the past three years. A CAGR return of 25% over three years implies that an investment of 1 lakh would have grown to 1.95 lakh.

3 Dec 2025 8:40 pm
Income Tax: How to report foreign income and assets in your ITR?

CBDT sent messages and emails starting 28 November to taxpayers, urging them to revise their income tax returns (ITRs) before the 31 December deadline by disclosing their foreign income and assets

3 Dec 2025 6:58 pm
Beware of fraudsters offering credit card limit enhancement: 5 key tips to stay safe

A common trick fraudsters use to dupe credit card customers is to offer credit enhancement. Under the pretext, it is easy to convince people to share their card number, CVV, expiry date and even the OTP.

3 Dec 2025 5:41 pm
A solar glut is building in India. Can the industry withstand China-style pain?

According to estimates from Wood Mackenzie, Indias solar module manufacturing capacity will exceed 125GW by 2025, which is more than three times its domestic demand. The pain of oversupply could force consolidation, separating the men from the boys.

3 Dec 2025 5:00 pm
Mint Explainer | How Air India blundered by missing a routine airworthiness review for an aircraft

India's aviation regulator is probing Air India for flying an Airbus A320 without a valid Airworthiness Review Certificate. The airline has acknowledged the error, suspended eight employees, and initiated an internal investigation.

3 Dec 2025 4:57 pm
Mint Explainer | India just approved its first scent trademarkheres what it means for brands

By accepting a rose fragrance on tyres as a trademark, India has entered the era of sensory IP protection. But who stands to gain?

3 Dec 2025 4:35 pm
Mint Explainer: Why are quick commerce platforms selling cosmetics for 1?

Higher margins on these products are only part of the reason.  

3 Dec 2025 4:17 pm
AI turns vintage tracks into fresh revenue streams for music labels

Music labels are leveraging AI to enhance content catalogues, creating videos for audio tracks without visuals. This approach reduces costs by up to 70% and aims to maximize reach on platforms like YouTube, while ensuring the integrity of original art is maintained.

3 Dec 2025 4:09 pm
India may allow e-ambulance manufacturers to import traction motors fitted with rare earth magnets till March

India's push for e-ambulances under the PM E-drive scheme highlights the urgent need for localized production of critical components. Experts believe that this initiative will not only enhance service efficiency but also strengthen the domestic supply chain.

3 Dec 2025 3:50 pm
NRIs can cut tax on mutual fund gains using DTAA heres how

Recent tribunal rulings say NRIs in select treaty countries can pay capital gains tax only where they live making Indian mutual fund redemptions potentially tax-free if documents are in place.

3 Dec 2025 2:30 pm
Stuck on Christmas gifts? Warren Buffetts favourite tradition might be your new festive hack

Warren Buffetts former daughter-in-law, Mary Buffett in an old interview mentioned that the Berkshire Hathaway Chairman used to give all family members $10,000 as Christmas gifts.

3 Dec 2025 1:50 pm
7 reasons your credit card gets rejected even with a good credit score

For credit card application approval or rejection, in addition to the credit score, a banks eligibility checks typically include the city of residence, employment status, minimum income, age, and residential status, among other factors.

3 Dec 2025 1:43 pm
Mint Explainer | Is Sanchar Saathi India's anti-fraud shield or a surveillance overreach?

The Centre's order to pre-install the Sanchar Saathi cybersecurity app on mobile devices triggered pushback from various quarters, bringing to the fore a key question: Can this application meaningfully crack down on digital scams in India?

3 Dec 2025 12:36 pm
New rental laws: Security deposit limit, entry rules and key changes explained

Two months rent as security deposit, the landlord must give 24 hours' prior notice to inspect the property and cannot enter before sunrise or after sunset

3 Dec 2025 11:48 am
Why your multi-asset fund is like a multivitamin with too little magnesium

Investors often assume that adding a multi-asset fund equals instant diversification. But unless the allocation is meaningful, the exposure to each asset may be too small to make any real difference.

3 Dec 2025 11:01 am
Bank holiday today: Are banks open or closed on Wednesday, 3 December, for feast of St. Francis Xavier?

Bank Holiday Today, 3 December: Banks in Goa will remain shut on 3 December to observe the feast of St. Francis Xavier, which is the death anniversary of the saint.

3 Dec 2025 8:51 am
Should I buy a property with no occupancy certificate but people living in it?

An occupancy certificate is one of the most important documents to be verified at the time of buying a property

3 Dec 2025 6:00 am
How visa delays for Chinese staff threaten India's grand battery plans

Chinese workers currently receive six-month visas, after which they must return home and wait for some months before returning.

3 Dec 2025 5:50 am
Heartburn at lenders as loan rates fall but deposit rates don't

Floating-rate loans are repriced immediately, while deposit rates are fixed, squeezing margins, public sector bank chiefs told RBI officials ahead of the 5 December policy outcome. 

3 Dec 2025 5:45 am
ICICI Bank's 'Baa3' rating reaffirmed by Moody's on strong financials

The reaffirmation, according to the Moody's, reflects the bank's robust financial position, which is underpinned by a diversified loan portfolio and above-industry-average profitability.

2 Dec 2025 10:26 pm
Discoms eye solar plus storage solutions, says minister Pralhad Joshi

Despite 67.5 GW bid out since April 2023, delays in signing power purchase and sale agreements threaten Indias 2030 renewable targets.

2 Dec 2025 9:33 pm
Women's cricket team captain Harmanpreet Kaur unveils PNB's metal credit card Luxura. Check details

World Cup-winning Indian women's cricket team skipper Harmanpreet Kaur says she is happy to be the first customer of PNB RuPay Metal Credit Card Luxura.

2 Dec 2025 9:16 pm
RBI Ombudsman saw 13% increase in consumer complaints in FY25: Here's how to resolve your grievances

Grievances against the banks comprised the largest portion, accounting for 81% of complaints received. This was followed by NBFCs accounting for 14.80% of complaints received during FY 2024-25.

2 Dec 2025 8:10 pm
Income Tax: Last date to file revised or belated ITR is 31 December key questions answered

Income Tax: There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an inquiry notice by the assessing officer under section 142(1).

2 Dec 2025 6:52 pm
AadhaarUAN seeding: EPFO says no further extension for mandatory linking to file ECR

AadhaarUAN seeding: There will be no further extension for mandatory Aadhaar seeding with UAN for filing of ECR (Electronic Challan cum Return), announced EPFO via circular dated 1 December 

2 Dec 2025 5:46 pm
UPI transactions jump 22% to hit 26.32 lakh crore in volume, shows November data

Total UPI transactions witnessed a 22% year-on-year rise in volume terms, reaching 26.32 lakh crore in November.

2 Dec 2025 4:57 pm
Mint Explainer | IIT job offers get creative, but can bonuses and clawbacks hold talent?

Companies are offering deferred pay, joining bonuses, clawbacks, and stock options to attract IIT graduatesbut will it be enough to keep them?

2 Dec 2025 4:17 pm
How is a credit score calculated? Key factors that impact your score

A credit score is shaped by payment history, credit utilisation, credit mix and inquiries, with disciplined borrowing and timely repayments helping maintain strong creditworthiness in todays expanding credit-driven economy.

2 Dec 2025 3:55 pm
Discounts on tickets lure young audiences to multiplexes but dampen spending on food and drinks

Urban youth-centric films are popular but multiplex chains like PVR Inox reported a dip in spend-per-head due to high F&B prices. Family-friendly films drive higher concession sales, indicating a need for diverse programming.

2 Dec 2025 1:32 pm
HSBC credit card reward points: Should you transfer to Marriott Bonvoy for the 40% bonus?

HSBC is offering a 40% bonus for the transfer of credit card reward points to the Marriott Bonvoy program. The offer applies to 5 HSBC credit cards, is valid for a month, and the bonus Marriott Bonvoy points are capped at 2,00,000 per customer.

2 Dec 2025 1:19 pm
How data-driven rural lending can transform Indias credit ecosystem and boost growth

Rural lending is crucial for India's growth, as improved infrastructure and entrepreneurship thrive in these areas. 

2 Dec 2025 1:03 pm
Mint Explainer: Why does the government want to buy back congested highways?

The Union government is finalising a new model concession agreement for build-operate-transfer toll highways that will allow it to reclaim stretches of road once traffic touches a predetermined limit. Whats the rationale behind this?

2 Dec 2025 12:53 pm
Marriage and divorce tax rules: Gifts, clubbing, and alimony explained

Indian tax laws treat marriage and divorce as significant events affecting tax liability. Gifts received during marriage are exempt up to Rs. 50,000. Alimony taxation varies, with lump sum payments considered capital receipts while periodic payments are taxable.

2 Dec 2025 12:45 pm
Who must pay advance tax by 15 December, and what happens if you miss it

An individual whose total tax liability from non-salary income exceeds 10,000 after accounting for TDS and TCS must pay advance in four instalments. Heres how it works

2 Dec 2025 10:49 am
Your money playbook for every family stagefrom single to parenting

Early investing during high-income, low-responsibility years builds the compounding base families rely on later. How couples can preserve discipline as income patterns shift with marriage and kids.

2 Dec 2025 10:48 am
WhatsApp chats in tax investigations: Courts push back against uncorroborated digital evidence

WhatsApp chats have become a common source of evidence in income-tax investigations. However, recent ITAT rulings indicate that such messages require independent corroboration to be deemed valid, as courts emphasize the need for solid evidence over mere speculation.

2 Dec 2025 10:41 am
Can you pay a credit card bill with another card? Heres what actually works

Paying a credit card bill with another credit card is mostly restricted, but balance transfers offer a safe alternative while cash advances carry high fees and interest for cardholders.

2 Dec 2025 10:11 am
India plans global EV summit as it rewires plan to spur investments, fix supply chain

The event will be positioned as a sequel to the 2018 MOVE Summit that was inaugurated by Prime Minister Narendra Modi.

2 Dec 2025 10:05 am
Exports buoy agrichem firms, revenue growth seen consolidating to 6-7% in FY26: Crisil

The industrys return to its long-term growth range of 8-10% next fiscal year will depend on whether exports sustain the current momentum and domestic demand strengthens from this years weak base, Crisil said

1 Dec 2025 7:27 pm
Banks can't rely on service providers' assurance: RBI deputy guv on technology outsourcing

RBI deputy governor Swaminathan J. urges lenders to gain a deep understanding of the technology, control environment, and the concentration risk that arises when they depend on the same provider.

1 Dec 2025 7:12 pm
Buying tobacco or pan masala? New excise, Health Security se National Security Bills to bring these changes

During the Winter session of Parliament, Finance Minister Nirmala Sitharaman introduced Bills to impose a cess on tobacco and tobacco products.

1 Dec 2025 6:47 pm
Are gifts from NRIs to resident Indians taxable?

Under Indian income tax law, a transfer of property between specified relatives qualifies as an exempt transfer and therefore does not trigger capital gains tax for the sender.

1 Dec 2025 5:23 pm
Your attention is the new currency for India's streaming apps.

Metrics such as total time spent by users on a platform, time spent per session, content completion rates, and user interactions, including likes, comments, and shares, get priority plateauing paid subscriber growth.

1 Dec 2025 3:17 pm
Animation meets mythology: Can Mahavatar Narsimha s 300 cr triumph spark change in Indian films?

Mahavatar Narsimha, an animated mythological film, grossed 300 crore without marketing, marking a shift in India's animation landscape.

1 Dec 2025 3:11 pm
A small fee cut, big returns: The cost reform that could boost your MF portfolio

Sebi's move to lower mutual fund costs could help investors grow long-term wealth with smaller fees.

1 Dec 2025 2:33 pm
Mega PSU bank merger plan: Can India do it without amplifying risks?

India plans new PSB mergers to create global-sized banks to fund major projects. Success depends on balancing scale against the heightened systemic risk of concentrated power.

1 Dec 2025 12:46 pm
Credit score vs credit card interest rates: What lenders dont tell you

A strong credit score reduces credit card costs by securing lower interest rates, higher limits and better offers while poor scores increase borrowing risks, making responsible credit behaviour essential.

1 Dec 2025 11:08 am
A godsend for many, digital KYC remains a nightmare for people with disabilities

Many people with disabilities are unable to access financial services because their conditions prevent them from completing electronic know-your-customer procedures. There's plenty that needs to be done to resolve this, experts say.

1 Dec 2025 7:00 am
Govt mulling relaxations as made-in-India battery push runs into delays

The Union heavy industries ministry is weighing extensions and easier localization norms for the beneficiaries of the 18,100-crore PLI-ACC scheme that was announced in 2021.

1 Dec 2025 6:00 am