Livemint

Bank holidays next week: UPI and bank apps allow 24/7 transactions. Banks will be closed on Sundays and second Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules.

Delhi's new electronic vehicles policy provides 1 lakh scrapping incentive for four-wheeler owners who switch to EVs from petrol and diesel vehicles. We explain how the incentives work and steps to apply

Based on 10-year returns, Nippon India Small Cap Fund emerged as the best-performing diversified equity scheme, delivering a CAGR of 21.81% over the past decade. The rankings also highlight that Quant Mutual Fund had three schemes among the top five performers.

Among ETFs tracking the Nifty PSU Bank Index, Nippon India ETF Nifty PSU Bank BeES is the biggest fund with assets under management (AUM) of 4,078 crore. It is followed by Kotak Nifty PSU Bank ETF, while DSP Nifty PSU Bank ETF is the third biggest fund in the category.

Own Damage cover protects vehicles from storms and floods, but payouts shrink sharply without add-ons like zero depreciation. A Mumbai case shows how skipping the fine print can cost thousands in unexpected out-of-pocket repairs.

The top aggressive hybrid funds generated annualised SIP returns of up to 18.57% over the past decade. Here's how the category's best-performing schemes fared across three-, five- and 10-year investment horizons.

Today we explore some of the key pension revision demands made by groups and what these could mean for retirees if accepted.

Today we take a look at the top 5 DA related demands made by central govt employee representative groups, unions and stakeholders who collectively represent a large number of staff and pensioners, including defence and railway personnel.

For equity, hybrid, and most debt funds, the cut-off timing is 3:00 PM, while liquid and overnight funds follow different timelines, with a 1:30 PM purchase cut-off and a 3:00 PM redemption cut-off (extended to 7:00 PM for applications received through online mode). 

ITR rules for AY 2026-27 make taxpayers with foreign assets, overseas retirement accounts or foreign income ineligible for ITR-1 in many cases. Here's who may need to file ITR-2 instead, the reporting requirements, and what returning NRIs should know before filing their income tax return.

The Delhi ITAT has ruled that a genuine income tax refund cannot be denied merely because an ITR was e-verified late, if the delay has already been condoned by the Central Processing Centre (CPC). Here's what taxpayers should know.

Axis Mutual Fund has announced the launch of its Axis Nifty50 Equal Weight Index Fund, an open-ended passive scheme that tracks the Nifty50 Equal Weight TRI. The NFO is open for subscription from 3 July to 17 July, 2026. 

Taxpayers can legally take assistance for ITR filing through the Income Tax Department's e-filing portal from three types of professionals or entities. These include Chartered Accountants, e-Return Intermediaries, and Authorized Representatives, each with distinct roles and responsibilities.

AI is transforming industries, but concerns grow over inflated valuations of AI stocks. Big Tech's investments in AI signal a shift, yet the risk of a market correction could impact Indian investors, especially if foreign institutional investors withdraw funds.

Income is not the only factor that determines whether an ITR must be filed. Several other conditions, including high-value transactions, bank deposits, business turnover, professional receipts and foreign assets, can also require ITR filing.

Most international mutual funds remain closed after overseas investment limits were exhausted. Here's which schemes are still open and how they've performed over the past year.

Gold and silver prices rose in India last week amid positive global cues. Check retail rates of 24K, 22K gold, 18K, 999 silver in Delhi, Mumbai, Kolkata and other cities.

Gas prices surged, prompting questions about investing in EV stocks like Tesla. However, valuations may not align with sales. Experts advise focusing on long-term EV adoption trends and diversifying investments rather than reacting to short-term fuel price spikes.

More than 30.9 lakh inactive EPF accounts held 9,330 crore as of March 31, 2026, according to official data. The figures come even as the Centre rolls out the new EPF Scheme, 2026 to simplify provident fund rules and improve digital services.

Germany offers a good combination of affordable education (low or no tuition fees at many top-ranked public universities), scholarships, high-skilled job opportunities after course completion, and a path to residency.

Dhirendra Kumar reflects on a compelling conversation with a friend about the future of space mining and manufacturing, suggesting potential shifts in industry that could change life on Earth. For once, he's not telling you to ignore the news.

Gold loans in India are booming as rising gold prices drive bigger borrowings. Average ticket size jumped 39% YoY to 1.96 lakh in FY26, doubling in three years. The portfolio has surged nationwide, reflecting stronger demand and deeper financial inclusion.

Tesla and SpaceX have both seen significant declines, impacting Elon Musk's net worth and triggering investor panic. CEO Viram Shah discusses if this is profit-booking or a deeper market re-rating, advising Indian retail investors to assess their positions and remain cautious amid volatility.

Attention parents! Want to start a public provident fund account for your child? Here's how much wealth consistent PPF investment of 5,000 per month will build for their future over the longer term.

Under the new EPF Scheme, 2026, introduced by the Centre, both employee and employer must contribute 1,800 monthly. This change may increase take-home salaries for higher earners but could decrease long-term retirement funds. 

Life Insurance Corporation: For policyholders who choose either annual, bi-yearly, quarterly or monthly basis, here's how you can pay your LIC premium online through app. We also take a look at the top FAQs answered.

The 2026 FIFA World Cup is aiding women hosts in North America to earn from tourism by renting their homes. Many see it as a vital income source amid rising financial pressures, allowing them to cover expenses and invest in personal ventures.

Income-tax returns: Here's how to access and submit your ITR-1 form using the official e-filing portal

Grant Sabatier, author of Financial Freedom, asserts achieving FIRE is increasingly feasible, despite current challenges like inflation and housing costs. For those wanting to retire early, we explore the opportunities

Investors often err by trying to time stock purchases. Stock SIPs allow regular investments in stocks, similar to mutual funds. While they can yield significant returns, they can also backfire. 

Experts underscore that there is a world of difference between rebalancing your portfolio and churning it. The former is good, the latter not.

Investing should be calm and research-based, not influenced by social media hype. Experts urge investors to validate sources, consider risks, and focus on data. Maintaining discipline and sticking to personal goals is crucial for long-term success in wealth creation.

A 15 lakh fixed deposit can deliver a steady annual income with the right interest rate. See how a 15 lakh FD can generate around 1 lakh yearly, compare current bank FD rates, and understand the impact of taxes before investing.

8th pay commission: The panel will visit various railway departments in Mumbai to gain firsthand experience of employees' working conditions. On the agenda is observation of daily operations, duties and job risks.  

Doesnt matter if you win or lose, Rafael Nadal on his business ventures and what tennis taught him about investingDoesnt matter if you win or lose, Rafael Nadal on what tennis taught him about investing

Small-cap and mid-cap funds dominated the SIP return charts over three, five and 10 years. The rankings also reveal a handful of AMCs that consistently produced some of the best-performing equity mutual funds.

DA hike: Himachal Pradesh State Forest Development Corporation (HPSFDC) employees are set to receive a 3% hike in dearness allowance, minimum wage hike, and bonus for staff who draw up to 21,000 monthly salary. 

Very few debt funds have delivered double-digit SIP returns over the past decade. See which schemes topped the charts over three, five and 10 years.

Strong money habits build lasting wealth. These personal finance rules can help young Indians save smarter, invest early, avoid costly debt, and plan for retirement with confidence. Small financial decisions today create greater security and long-term financial success.

Employee unions have proposed raising the minimum basic pay to 69,000 from 18,000. Here's a breakdown of the key calculations behind the demand.

The Ahmedabad ITAT has ruled that businesses can claim a bad debt deduction once the amount is written off in their books and statutory conditions are met, even if recovery proceedings are still pending. The Tribunal also allowed the claim as a business loss under Section 28 of the Income-tax Act.

A stronger credit score starts with smart habits. You can improve your credit score from 600 to 750 by repaying your debt obligations on time, keeping credit utilisation low, avoiding unnecessary applications and checking your credit report regularly for steady financial progress.

EPF withdrawals are tax-exempt after five years of service. Early withdrawals are taxable unless in specific situations. Here's how they are taxed and how to report such withdrawals in ITR.

EPFO has restored its Unified Member Portal after a major upgrade. However, UAN activation and new UAN generation have moved to the UMANG app. Here's everything PF subscribers need to know.

If an investment product promises exceptionally high returns and claims little or no risk to the amount invested, you should consider it as a clear red flag.

Sebi has approved the reintroduction of share buy-backs through the open market route from 1 August 2026. The buy-back timelines have been reduced, and promoters are not allowed to participate.

Check RBI calendar to know if SBI, HDFC, ICICI, others are open or closed on 4 July. RBI's holiday schedule provides comprehensive detail about non-working days for banks under Negotiable Instruments Act and other under Banks Closing of Accounts in addition to weekend offs.

UIDAI is now allowing people to add or update email IDs to their Aadhaar card directly through the mobile application. The service was enabled on 1 July 2026 and will be free to use for six months.

The new income tax form initially lacked a section for certain tax exempt receipts. Now, it includes an additional dropdown for Receipts not in the nature of income. Experts decode what this news head means for taxpayers.

Dearness Allowance: DA is revised twice a year by the All-India Consumer Price Index (AICPI) to match cost-of-living. Here's a look at the numbers and whether employees could get 3-4% DA hike this month