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Only two consumption funds gave over 10% SIP returns in 3 years, while one scheme posted less than 1%: Here's why

Consumption funds have delivered widely different returns over the past three years, despite focusing on the same broad theme. Find out what drove this divergence, the role of stock selection, key sectors, and the risks investors should consider.

20 Aug 2026 11:18 pm
RBI board rejig cuts strength to 11; Somanath, Mahindra appointed

Former Isro chief Somanath Sreedhara Panicker joins the RBI board of directors, while Anand Mahindra gets another four-year term

20 Aug 2026 11:05 pm
Bitcoin and Dogecoin emerge as India's favourite crypto duo: New study reveals how age shapes investing preference

Bitcoin and Dogecoin have emerged as the most popular crypto pairing among Indian investors across age groups, according to a report. While younger investors are driving new participation, older investors display stronger buying conviction and greater portfolio diversification.

20 Aug 2026 10:50 pm
Joint FCNR (B) accounts for NRIs: Eligibility, mode of operations and key rules explained

NRIs are permitted to open and maintain FCNR(B) accounts jointly with eligible resident relatives, subject to certain conditions.

20 Aug 2026 10:27 pm
Gold loan jewellery stolen from bank? Consumer court ruling explains your compensation rights

A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay 88,362 with 9% interest, plus compensation.

20 Aug 2026 10:02 pm
Doctor today, lawyer tomorrow: How do you save for your childs education when they keep changing dreams?

In 2026, planning for a child's education fund is complex due to shifting career paths. Experts advise creating flexible investment structures.

20 Aug 2026 9:53 pm
ITR filed successfully? Here are 8 income tax notices the department may send and what to do about them

Income Tax Returns (ITRs) are essential for lenders to assess borrowers' financial stability. Taxpayers should monitor communications from the Income Tax Department post-deadline for any discrepancies in filings. While minor errors can be resolved, serious issues may lead to scrutiny.

20 Aug 2026 9:51 pm
RBI's special FCNR(B) deposit deadline nears: Should investors tap this opportunity before 31 August? Expert weighs in

The RBI has cut short the deadline for its special FCNR(B) deposit swap facility to 31 August from 30 September. With the window closing soon, NRIs need to weigh the potential benefits of higher foreign currency returns against the lock-in and liquidity considerations.

20 Aug 2026 9:25 pm
Consistency beats quick fixes 5 simple habits to build a bulletproof credit score

Credit score assessment relies heavily on four pillars: your track record of repaying debts, the proportion of available funds you currently use, the longevity of your active accounts, and the frequency of your recent loan applications.

20 Aug 2026 9:03 pm
Gen Z rules new investor category; 18-24 age group grows 7 times: Check preferred investment method, SIPs or lump sum?

Axis Direct data reveals a 53% rise in Gen Z investors aged 18-30, with significant growth in Tier-2 cities. Women now represent 13% of new additions. 

20 Aug 2026 8:38 pm
Don't fear global liquidity integration, strengthen oversight instead: RBIs Rohit Jain

The RBI deputy governor called on banks to fix retail forex pricing, boost participation among smaller firms, and embrace digital workflows while managing risks in an integrated market.

20 Aug 2026 8:35 pm
Claiming both HRA exemption and home loan interest deduction: Know when it is allowed and when it's not

Claiming HRA along with home loan benefits is allowed in certain situations, but mismatches in rent, property status, or loan details can attract tax notices. Heres what taxpayers should know about location rules, eligibility, and documentation. 

20 Aug 2026 8:06 pm
Gold too expensive! Young India is turning to 9-carat jewellery | All you need to know

Experts found that, unlike 14-carat jewellery in its early days, the 9KT category is gaining awareness and trending in line with expectations.

20 Aug 2026 7:45 pm
How to find the best mortgage: Compare home loan rates of leading Indian banks

State-backed lenders often provide competitive interest terms based on loan brackets. Bank of Maharashtra offers interest rates ranging from 7.00% to 9.90%, while the rates at Central Bank of India range between 7.00% and 9.15%.

20 Aug 2026 7:25 pm
How income plus arbitrage FoFs are more tax-efficient than debt funds: The impact on investor returns

Income Plus Arbitrage FoFs combine debt and arbitrage strategies, but their tax treatment can differ from that of debt funds. For investors in higher tax brackets, this difference could affect the returns they ultimately take home. Find out why.

20 Aug 2026 6:52 pm
Want free airport lounge access without spending more? 5 credit cards travellers can consider in August this year

Credit cards now offer valuable perks like complimentary airport lounge access, which is becoming harder to obtain for free due to banks tightening policies. However, some cards still provide unlimited access without spending thresholds. Check details

20 Aug 2026 6:45 pm
India Ratings maintains neutral outlook for transportation infra in FY27

India Ratings retained stable outlooks for toll roads, hybrid annuity model projects, airports and electric bus projects amid stable operating assets, healthy toll revenue growth, higher road awards and continued asset monetization by NHAI

20 Aug 2026 5:11 pm
Filing ITR by 31 August? Know the right forms for taxpayers with business or professional income

With the 31 August ITR deadline approaching, business and professional taxpayers need to know which return applies to them and which supporting tax forms may be relevant. From ITR-3 and ITR-4 to TDS and audit-related forms, heres what to check before filing.

20 Aug 2026 5:00 pm
Centre asks PSBs, IBA to standardise contract-farming loans in 6-12 months

The government seeks to improve value capture across the agricultural value chain and help farmers retain a larger share of the final consumer price.

20 Aug 2026 4:55 pm
No predictable monthly income? How gig workers can use NPS to save for retirement and build a long-term corpus

NPS can help gig workers, freelancers and self-employed individuals build a retirement corpus even when their monthly income fluctuates. Experts suggest saving a percentage of each payout, starting early and making larger contributions during stronger earning months.

20 Aug 2026 3:55 pm
Sold old gold jewellery? Can buying new gold using the proceeds help you save tax heres what the law says

Selling gold can incur capital gains tax as they are considered as a capital asset by the income tax department. Here's whether you can eliminate or reduce your tax liability by investing the proceeds into new gold jewellery. 

20 Aug 2026 3:19 pm
Why the simplest investment advice Is the hardest to follow

Indian equity mutual fund inflows have fallen nearly 30% over two years despite no crash, illustrating why simple investing advice is intellectually easy but emotionally hard to follow.

20 Aug 2026 3:13 pm
Section 54F tax exemption with 2 houses? Steps to claim benefit after share sale explained

Section 54F exemption: Explore steps to claim tax benefit following share sale in case of 2 houses. Chartered accountant Mahesh Nyak answered how one can claim exemption through HUF transfer.

20 Aug 2026 3:06 pm
Should you invest a large corpus at once or stagger it over 6 months? What 25 years of Nifty 50 data shows

Investors with a large corpus can either invest it in equity at once or stagger the deployment through a six-month STP. FundsIndias 25-year Nifty 50 data shows that lumpsum had a modest edge in the medium term, but the return gap narrowed over longer periods.

20 Aug 2026 2:05 pm
70,000 crore and growing: Indias family office assets set to rise 1.5x in three years where are wealthy investing?

India's family office ecosystem is poised for significant growth, with assets estimated at 70,000 crore in 2024 and projected to grow 1.5 times in three years. Here's a list of investment avenues that are gaining traction among the country's richest families.

20 Aug 2026 1:42 pm
Elon Musk's Starlink reapplies for India approval of satellite network with direct-to-device connectivity: Report

Elon Musk's Starlink reportedly sought approval for a Gen 2 constellation that delivers the latest technologies, including direct-to-device (D2D) connectivity.

20 Aug 2026 1:28 pm
RAMpocalypse is hurting Chinese OEMs in India as Samsung, Apple grow smartphone market share

Price-sensitive buyers are struggling with higher smartphone prices amid a market shift driven by chip shortages, leading to declines for major Chinese brands. Financing options will be crucial in maintaining consumer demand during the festive season as global supply challenges persist.

20 Aug 2026 12:50 pm
Income Tax Dept flags 2.33 crore cash deposit; why taxpayers need a clear trail for large cash withdrawals

The ITAT deleted a 2.33 crore tax addition after finding that Bhupendra Flour Mills had recorded earlier cash withdrawals of 2.325 crore and the Income Tax Department could not prove the money was used elsewhere. 

20 Aug 2026 12:45 pm
Mint Explainer | Why RBIs draft rules could change how fintechs offer small loans

RBI is proposing two major changes: one would standardise how lenders price loans, while the other would push NBFC lending towards term loans rather than revolving credit.

20 Aug 2026 12:15 pm
Mint Explainer | Why govt consulting rules are changingand what it means for Indian firms

A revised procurement framework seeks to curb excessive turnover and staffing thresholds and put more weight on methodology and the expertise of proposed teamspotentially widening competition for government consulting work.

20 Aug 2026 11:51 am
51 lakh gone in digital arrest scam: How fraudsters targeted retired income tax officer

A retired income tax officer was defrauded of 51 lakh by fraudsters impersonating police from Lucknow, who claimed he was under investigation for money laundering. Here's what happened.

20 Aug 2026 11:46 am
Why Bollywood stars are turning to niche filmmakers and experimental projects

Bollywood stars are ditching formulaic vehicles for experimental films by niche filmmakers, betting on fresh narratives, rooted storytelling and distinctive creative voices as box-office returns from conventional star-led films falter.

20 Aug 2026 11:39 am
Can NRIs invest in India without flying back? Sebis KYC plan

Sebis proposed digital KYC overhaul could let NRIs, OCIs and eligible foreign nationals complete onboarding remotely, cutting paperwork, costs and delays while making it easier to invest in India.

20 Aug 2026 11:25 am
Focused mutual funds: Only 4 schemes delivered 15%+ SIP returns in 5 years; Invesco India topped at 18.33%

Only four focused mutual funds delivered more than 15% SIP returns over five years, led by Invesco India Focused Fund at 18.33%. SBI Focused Fund, the category's largest scheme by AUM, delivered 15.27%, while returns across funds ranged from 7.92% to 18.33%.

20 Aug 2026 10:32 am
ITAT deletes 25 lakh tax addition over alleged flat cash payment; says taxpayer must get a chance to challenge evidence

The Mumbai ITAT deleted a 25 lakh tax addition imposed on a flat buyer over an alleged cash payment, saying the taxpayer was not given the statements relied upon by the tax department or an opportunity to cross-examine the builders partners.

20 Aug 2026 9:04 am
Delhi Lakshmi Yojana: Eligible women to receive pension letters from Aug 26 heres when 2,500 aid will be credited

Starting August 26, eligible women in Delhi will receive pension letters under the Delhi Lakshmi Yojana, which offers 2,500 monthly assistance. Here's when the aid will be credited.

20 Aug 2026 8:56 am
Taxpayer builds new house before selling old property, faces Section 54 dispute; ITAT Delhi quashes tax notice

A Delhi taxpayer faced denial of Section 54 exemption after constructing a new house before selling his old property for 53 lakh. ITAT Delhi quashed the reassessment after ruling that the Income Tax Departments Section 148 notice was issued after the permissible limitation period.

20 Aug 2026 8:18 am
ITR filing 2026: What happens if you miss the August 31 deadline and who gets more time?

The income tax return filing deadline for ITR-3, ITR-4, ITR-5 and ITR-7 is 31 August. Missing this deadline incurs penalties, but options such as belated returns are available until 31 December 2026. Here's who gets more time to file.

20 Aug 2026 7:43 am
Indias festival shopping test: Will consumers spend more on pricier TVs, phones and appliances?

Consumer durables makers and retailers expect a strong Diwali season, but higher prices are testing demand even as premiumization, financing and discounts vie to keep shoppers spending.

20 Aug 2026 6:00 am
Reits eye strong expansion on high demand for office space

India now has six real estate investment trustsfive in office and one in retailbacked by global asset managers such as Blackstone and Brookfield, and leading office developers.

20 Aug 2026 6:00 am
Legacy fashion brands stitch new labels for Gen Z

Indias legacy apparel companies are stepping up efforts to win over Gen Z, a consumer shaped by fast-changing trends, social media and affordability. The challenge is to bring in the agility with new plays and also keeping the established customer base intact.

20 Aug 2026 6:00 am
Indian Railways is eyeing logistics. Can its parcel app get it there?

Railways is moving beyond station-to-station parcels with door-to-door delivery, private logistics partners and potentially scheduled parcel trains to target e-commerce, MSME and other cargo now moving by road.

20 Aug 2026 6:00 am
Satcom services from Jio, Starlink, OneWeb stuck over security concerns

Concerned about national security, the government is holding up security approvals and spectrum allocation.

20 Aug 2026 5:45 am
Flexi-cap funds with highest and lowest large-cap stock allocation: What the data shows

Flexi-cap funds can vary sharply in their large-cap exposure despite having the flexibility to invest across market segments. Some of the biggest funds have a strong large-cap tilt, while others take a more diversified approachcreating an important distinction for investors to examine.

19 Aug 2026 11:11 pm
Building a new house before selling the old one: Does Section 54 tax exemption apply? Rules explained

Starting construction before selling your old house does not automatically rule out the Section 54 exemption. Find out when the exemption can apply, the three-year completion rule, CGAS requirements, key risks and documents taxpayers should maintain.

19 Aug 2026 10:54 pm
SBI slashes bulk fixed deposit rates: Will the latest changes affect your personal savings? Check here

SBI has reduced rates on domestic bulk term deposits by up to 25 basis points for select maturities.

19 Aug 2026 10:39 pm
Switching from regular to direct mutual funds: Know the hidden tax cost and when the move actually pays off

Regular and direct mutual fund plans can deliver different outcomes due to expense ratios, taxes and distributor costs. The decision to switch depends on factors such as the breakeven period and capital gains tax.

19 Aug 2026 9:54 pm
Madhya Pradesh Ladli Behna Scheme: CM Mohan Yadav disbursed 1500 monthly installment; did you receive?how to check

Madhya Pradesh CM Mohan Yadav transferred 1,750 to over 1.25 crore beneficiaries under the Ladli Behna scheme, including a 250 Raksha Bandhan gift, to promote women's financial independence. He emphasised the importance of womens roles in family and society at a state-level event in Maihar.

19 Aug 2026 9:16 pm
SBI cash withdrawal charges: Bank changes BSBD free transaction rule; check what changed, 15 fee and when it kicks in

State Bank of India has updated service charges for Basic Savings Bank Deposit accounts, effective October 1, 2026. 

19 Aug 2026 8:35 pm
JioBlackRock regular plans explained: Higher costs, professional guidance | what investors get

JioBlackRock Asset Management will launch regular mutual fund plans through distributors, adding a route for investors who prefer support. 

19 Aug 2026 7:50 pm