The Economic Times

A viral post claiming Google is bigger than India drew a sharp rebuttal from Sanjeev Bikhchandani, who explained that comparing market cap with GDP is fundamentally flawed. He noted that a valid comparison would use Googles revenue, not its valuation, to assess scale.

LIC Mutual Fund introduces its new LIC MF Technology Fund. This open-ended equity scheme invests in technology and digital companies. Experts advise caution, highlighting the difficulty of timing sector cycles. They suggest diversified funds for most investors. The fund aims for capital appreciation by investing in technology-related equities. Investors should consider their risk appetite and investment horizon.

Mutual funds drove strong buying in January across private banks, pharma, e-commerce, auto, ports, and consumer sectors, with top picks including HDFC Bank, Biocon, Swiggy, M&M, and ITC.

Banking & PSU debt funds offer relatively safe investment options for a few years, investing primarily in government-backed entities to minimize credit risk. While interest rate fluctuations pose a risk, these funds are generally better positioned due to shorter-duration investments. Investors considering a three-year horizon can explore recommended schemes like Axis Banking & PSU Debt Fund.

The Supreme Court of India has clarified property division rules for Hindu Undivided Families. A Karta's property is considered self-acquired if proven to be from personal income, not ancestral assets. This ruling emphasizes the need for clear evidence to distinguish between joint family and individual property. The court stressed a realistic appraisal of evidence in such cases.

Axis Mutual Fund is targeting over 20 per cent year-on-year growth in assets under management from 2026, betting on improving corporate earnings, a strengthening capex cycle and a large untapped investor base, a top company official said on Thursday.

Central government employees are anticipating a 2% Dearness Allowance (DA) hike, pushing it to 60% from 58%. This increase, based on the December 2025 AICPI-IW reading, is expected to be announced soon, potentially before Holi. DA adjustments, occurring twice yearly, aim to offset inflation and impact basic salaries, which remain fixed under pay commissions.

Gold and silver prices hit record highs in January 2026 before experiencing a sharp correction. Experts advise long-term investors (5-10 years) not to panic, viewing the dip as a buying opportunity. They recommend systematic accumulation, citing strong fundamentals like central bank buying and industrial demand.

John C. Bogle warned that the financial system prioritizes selling products over investor well-being. Institutions profit from fees and transactions, creating a conflict of interest where seller incentives clash with buyer goals. Understanding these dynamics is crucial for investors to protect their long-term financial future.

Unlock tax savings with these 10 income sources exempt from income tax in India. From agricultural earnings and PPF/EPF returns to life insurance maturity and scholarships, understand how to legally reduce your tax burden.

A Delhi woman reported Rs 60 lakh worth of jewelry missing from her bank locker, prompting a police investigation. Despite no signs of forced entry, the incident raises questions about bank liability. Current RBI regulations cap compensation at 100 times the annual locker rent, emphasizing the need for private insurance to cover the full value of valuables.

The Ministry of Health and Family Welfare has significantly increased CGHS medical reimbursement limits for central government employees. Heads of departments can now settle claims up to Rs 10 lakh without IFD consultation, provided rules are not relaxed and rates are adhered to. Previously, this limit was Rs 5 lakh.

High salary earners are receiving 'nudge' notices from the Income Tax Department. These notices prompt employees to correct errors like undeclared property income, crypto gains, and ESOPs. The department is offering a final chance to voluntarily fix mistakes before taking stricter action. This initiative aims to ensure accurate tax declarations and compliance among affluent taxpayers.

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Draft Income-tax Rules 2026 propose increased allowance limits, potentially allowing taxpayers under the old regime to pay significantly less tax. Calculations suggest substantial savings for salaries of Rs 15 lakh, Rs 20 lakh, and Rs 25 lakh compared to the new tax regime, if these changes are approved.

Coppers sharp rally has sparked interest among investors wondering if it could be the next big opportunity after gold and silver. Experts caution that direct or indirect exposure to the commodity involves significant volatility and complexity, stressing that investorsespecially seniorsmust clearly define their objectives before entering this high-risk space.

Mutual funds trimmed positions across seven key sectors in January, with the heaviest selling in metals, IT services and cables, alongside notable exits in PSU banks, oil & gas, utilities and capital goods, JM Financial data shows.

Mutual fund advisors are predicting 2025 as the year for hybrid funds, especially for new investors navigating economic uncertainties. Conservative hybrid funds, with a majority in debt and a small equity portion, offer a cautious entry. These funds aim for modest equity gains while prioritizing capital preservation. Experts highlight specific schemes for consideration.

Chhatrapati Shivaji Maharaj Jayanti: This significant holiday commemorates the birth anniversary of the Maratha ruler. While banking services are unavailable in Maharashtra, branches in other Indian states will operate as usual. Customers are advised to verify holiday status for any bank-related tasks.