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Dinesh Thakkar, founder of one of Indias biggest retail stockbrokers, Angel One, has bought a luxury residential tower in Mumbai for 711 crore, marking the most expensive known purchase of a single residential unit in the country, as per Bloomberg.
Smriti Mandhana's cricket career leaves a lot to learn for investors. Here are 5 money lessons from her record-breaking journey.
Freelancers, gig workers, entrepreneurs and self-employed professionals without employer health cover need to build personal insurance that protects both their savings and income during a medical emergency. Experts suggest choosing adequate cover that remains affordable through fluctuating income.
PhonePe has secured in-principle approval for two payment licences from the UAE central bank, marking its first overseas licences. Heres what the fintech plans to do in the UAE beyond UPI, including support for Aani and Jaywan.
Income Tax Act 2025: F&O traders should understand the tax treatment of trading profits, turnover calculation, eligible expenses, and the rules governing set-off and carry-forward of business and speculation losses.
Repaid your loan? Your credit report may take time to reflect the closure. Heres what borrowers should check, which documents to retain and what to do if a closed loan still shows as active.
Record small-cap fund inflows in August come as the Nifty Smallcap 250 outpaces the Nifty 50, but sharp historical swings underline the need for a longer holding period and suitable risk appetite.
Starting retirement investing at 40 requires a focus on the required corpus, higher and consistent savings rather than excessive risk. Investors should use goal-based asset allocation, step up investments annually and gradually shift money from equity to debt as retirement approaches.
Long-duration debt funds offer yields of around 7.50-7.80%, but further rises in bond yields could trigger mark-to-market losses. Experts explain whether investors should lock in current yields or consider shorter-duration options.
Nepal floods caused $2.56 billion in losses and $171 million in insurance claims, exposing risks relevant to India, which loses $8 billion annually to disasters. Sikkim's 2023 GLOF disaster showed how sub-limits can leave All Risk policies dangerously underinsured.
As UPI enters a new phase of scale, a 0.4% MDR on larger merchant payments aims to fund infrastructure, cybersecurity and innovation while keeping most transactions free.
Planning a PF withdrawal? Check your EPFO KYC, Aadhaar, PAN, bank account, name, date of birth and employment details before filing an EPF claim to help avoid discrepancies, delays or problems during claim processing.
A government employee whose appointment was disputed and services were ordered to be terminated in 2000 ultimately remained in service for nearly three decades. The Allahabad HC has now directed the UP government to calculate and release his pension, gratuity and other retirement benefits.
UPI-linked credit cards are making everyday QR payments more rewarding, but higher cashback often comes with app restrictions, spending thresholds, caps and exclusions.
Large & mid-cap funds delivered an average return of just 0.04% in the past year, but individual fund performance varied widely. Only five of 32 schemes returned more than 7%, while seven funds ended the year in negative territory.
Gold and silver prices today, 22 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Calling yourself a long-term investor is easy, but short-term market volatility can test that commitment. Here are the warning signs of performance chasing and practical rules investors can use to stay focused on their long-term goals.
8th Pay Commission: The OPS vs NPS debate has emerged as a key issue, with employee and pensioner groups seeking guaranteed retirement benefits, higher pensions and stronger social security provisions for government employees.
Small-cap mutual funds must invest at least 65% in small-cap stocks, but their remaining portfolios can differ. Heres how top 10 schemes compare on large- and mid-cap exposure and what their one-year returns show.
UPI payments for mutual fund and other capital-market transactions will attract a 0.02% MDR from October 15, capped at 300 per transaction. While the charge is meant to be borne by merchants, experts explain how investors could be affected if it is passed on.
NHAI has launched the OneTag service on the Rajmargyatra app, allowing FASTag users to change issuers while retaining their original sticker. Here's how to complete this process and what it means for you
The Richest Man in Babylon by George S. Clason offers timeless financial lessons through ancient parables.
Having 1 crore offers a range of spending options, but setting clear financial goals is crucial. Split the amount for essential expenses, emergencies, investments for growth and personal enjoyment.
Is UPI still the most affordable digital payments tool? Today we take a look at what the NCPI's FAQ document states about how merchant discount rate (MDR) charges on UPI transactions compare to fees on traditional debit and credit cards.
India-New Zealand FTA will come into force on 20 October 2026, lowering or removing import duties on several products. From kiwi and apples to Manuka honey, heres what could get cheaper for Indian consumers and which products will remain excluded.
Bank employees across India will strike for three days starting September 28, seeking a five-day work week. Customers are advised to manage banking tasks in advance, with October 2 being a national holiday. The strike is supported by the United Forum of Bank Unions, representing 90% of employees.
Delhis Pink Saheli Smart Card will be mandatory for free DTC and Cluster bus travel from 1 October. Eligible women and transgender residents aged 5+ can apply using Aadhaar and a linked mobile number. Here's how to get the card, its cost, and its validity.
Himachal Pradesh and central government pensioners in Shimla staged a protest on Saturday, demanding withdrawal of the Centre's 2025 pension validation legislation. They are seeking uniform revision of pensions irrespective of the date of retirement.
Tax audit for AY 2026-27 must be completed by 30 September 2026. Forms 3CA, 3CB and 3CD continue to apply, but Form 3CD has several changes covering MSME payments, loans and deposits, legal contraventions, buybacks, and other reporting requirements.
If youre invested in Nifty 50 index funds, REITs could offer a different asset exposure. Their positive returns and higher distributions over the past year highlight how REITs could add diversification to an equity-heavy mutual fund portfolio.
The Finance Ministry reportedly called for a meeting with CEOs of public sector banks and regional rural banks today, to discuss measures to ensure smooth continuity of bank operations and essential customers services during the UFBU's 3-day national strike.
With the rise of AYUSH health insurance in India, Ayurveda treatment is becoming more accessible. Medical necessity and recognised hospitals are key for claims while inpatient care is typically covered.
Income Plus Arbitrage FoFs combine debt and arbitrage exposure through underlying mutual fund schemes. Here's a look at the top five performers by 1-year returns and what the categorys portfolio mix looks like.
An India resident selling an inherited Singapore property may face capital gains tax in India, with the acquisition cost and holding period linked to those of the previous owner.
The provident fund wage ceiling rises from 15,000 to 25,000, expanding mandatory EPF coverage to more employees and increasing employer contributions. This reform boosts retirement benefits but may reduce employees' take-home pay while enhancing social security alignment with wage realities.
EPFO: The All India Trade Union Congress wants the government to hike the EPF wage ceiling to 30,000 per month, saying 25,000 is too little, too late for social security benefits. Here are the reasons for the demand.
Bank unions are planning a three-day nationwide strike from September 28 to 30. Here's whether your EMI and credit card bill payments will be disrupted.
The Chennai ITAT restored a TDS dispute involving nearly 3.79 crore in payments after the taxpayer missed notices and filed appeals 60 days late. The tribunal condoned the delay and ordered fresh examination of the case.
Debt fund NAVs can fluctuate when bond yields change, with longer-duration portfolios generally more sensitive to interest-rate movements. Investors should assess modified duration along with maturity, credit quality, yield-to-maturity and their investment horizon.
A three-day bank strike from September 28 to 30 may disrupt banking operations. The Finance Ministry has set up a meeting with public sector bank executives to ensure continuity of essential services. Details here.
DoT has warned mobile users that fraudulent SIM issuance, misuse of telecom identifiers and IMEI tampering can attract up to 3 years in jail and a 50 lakh fine. Users can check mobile connections issued in their name and verify handset details through the governments Sanchar Saathi portal and app.
A 24-year-old starting a career, a new parent, a mid-career employee supporting ageing parents and a colleague managing a chronic health condition do not face the same risks. Giving all of them an identical health insurance package may be administratively equal, but it is not experienced as fair.
A dispute over a vehicle insurance claim for rainwater damage was resolved in the car owner's favour, and he received compensation. Full details about the case here.
Your mutual fund portfolio can become riskier even if you hold the same schemes, as market movements can change asset allocation, concentration and overlap. Regular portfolio-level reviews can help investors identify these shifts and check whether their risk remains aligned with their goals.
Rate-hiking phases are rarely comfortable for bond investorsthey bring volatility, but the same rise in yields also opens up entry points.
To manage emergency funds effectively, investors can utilize the FD laddering strategy, allocating amounts across several fixed deposits with different maturities. Here's how it works.
Active large-cap funds delivered an average -3.09% return over the past year, with only four of 33 funds posting gains. Several of the category's biggest schemes also delivered negative returns.
Gold prices in India fell nearly 0.5% today during early trading hours amid US-Iran conflict uncertainties. Check retail rates of both gold and silver in top metro cities of India today.
RBI has extended an existing KYC facility to foreign portfolio investors, allowing Indian banks to accept specified documents certified by authorised overseas authorities. The change, effective 18 September 2026, simplifies document certification for FPIs but does not remove their KYC requirements.
A failed EMI payment can result in penalties and lower credit scores, as lenders report such details to credit bureaus. Check whether the borrower gets a grace period before it's reported.

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