SENSEX
NIFTY
GOLD
USD/INR

Weather

image 19    C

The Economic Times

Personal Finance / The Economic Times

RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 cr

RHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter. The consolidated revenues experienced a modest increase, hitting Rs 1,038.26 crore this period. Additionally, overall expenses decreased to Rs 953.06 crore compared to the last year. EBITDA saw a 30 percent growth, reflecting operational enhancements despite challenging economic conditions.

14 Nov 2026 4:39 pm
From 0 to Rs 1 crore: How much time can it take to reach Rs 1 crore with Rs 10,000, Rs 20,000 and Rs 30,000 monthly SIP?

Investing through a Systematic Investment Plan (SIP) can help individuals build a Rs 1 crore corpus over time. The time to reach this goal varies based on the monthly SIP amount and the assumed return rate. For a Rs 10,000 investment at a 12% annualised return, it may take around 21 years. Increasing the investment to Rs 20,000 can reduce the duration to approximately 15 years.

14 Nov 2026 3:00 pm
Concurrent Gainers: 8 stocks gain for 5 days in a row

Of these, we shortlisted 8 stocks that consistently gained throughout the period, delivering cumulative returns ranging from 7% to 11%.

14 Nov 2026 2:45 pm
MTAR Technologies and Natco Pharma among top 5 smallcap stocks that saw highest mutual fund buying in October

These top 5 small cap stocks that witnessed highest net buying by mutual funds in October. Here is a detailed breakup, according to a report by Motilal Oswal Financial Services.

14 Nov 2026 2:25 pm
Debt mutual funds see Rs 1.13 lakh crore inflows in October after two months of outflows. What drove the turnaround?

Debt mutual funds received inflows of Rs 1.13 lakh crore in October after witnessing outflows for two consecutive months. The total outflow in August and September were Rs 1.91 lakh crore, according to the monthly data by AMFI. Here is a detailed breakdown.

14 Nov 2026 12:47 pm
Gold and silver rates today (November 14, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq

Gold prices have seen a decline today, with major outlets such as Malabar Gold & Diamonds and Joyalukkas adjusting their rates. Specifically, Malabar sets the price of 22k gold at Rs 12,590 per gram as of November 14, 2026, while Tanishq has kept its prices stable at Rs 12,640 per gram since the previous day. The latest retail rates for silver and different gold karats from IBJA are also available.

14 Nov 2026 11:22 am
Parag Parikh Flexi Cap Fund leads as 9 equity mutual funds cross Rs 70,000 crore AUM; top 4 manage over Rs 1 lakh crore each

Around nine equity mutual funds had over Rs 70,000 crore of AUM as of October 31, 2026. Among these nine funds, the top four crossed over Rs 1 lakh crore each. Here is a detailed breakup (Source: ACE MF)

14 Nov 2026 11:20 am
Latest FD interest rates in November 2026: HDFC Bank, ICICI Bank, PNB, Canara Bank and 8 other banks offer up to 8.25%; check rates

Latest FD interest rates: Several banks have recently updated their fixed deposit interest rates, providing higher returns to customers. HDFC Bank and ICICI Bank have increased rates for tenures from 3 years to 10 years. Meanwhile, senior citizens are receiving even higher rates of interest across multiple banks. Additionally, banks such as Utkarsh Small Finance Bank and Suryoday Small Finance Bank are offering the highest rates available.

14 Nov 2026 10:00 am
Retiring before 50: Heres the formula to find out how much you need and a 3-bucket strategy so you don't run out of money

There are a few things that anyone planning to retire early must keep in mind. Everyone focuses on the number that you need, that challenge is nobody knows their own expiry date. Further, as life expectancy increases, the amount you need would also go up. With India being on a journey from a developing to a developed economy, it is unlikely that you would get a 12-15% return.

14 Nov 2026 7:25 am
Saturday bank holiday: Are banks open or closed today on November 14, 2026?

The Reserve Bank of India notifies citizens about various bank holidays based on states and Union Territories. Certain bank transactions will require a branch visit on Saturdays despite many online services being available. Customers should plan accordingly due to these closures and limited access to in-person services.

14 Nov 2026 7:00 am
Government clarifies eligibility criteria for family pension: Explains who gets pension first if employee or pensioner dies

Family pension eligibility is prioritized based on legal marriage and childrens status after a central government employee's death. Spouses, children, and in certain cases, adopted or stepchildren, may receive the pension under specified conditions.

13 Nov 2026 4:21 pm
The infrastructure shift: Why tokenised bonds matter now

Demat 2.0 is an innovative pilot program initiated by India's Reserve Bank and SEBI, focusing on blockchain technology for corporate bonds. This venture strives to improve the settlement process and broaden investor access to various financial instruments. Key financial institutions are involved in showcasing a significant bond issuance, promoting legal reliability while embracing cutting-edge technological advances in capital markets.

13 Nov 2026 4:10 pm
Gold and silver rates today (November 13, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq

Gold rates today: Gold prices fell at major retailers including Tanishq, Malabar Gold & Diamonds, and Kalyan Jewellers. The price of 22k gold jewellery was Rs 12,695 per gram across these retailers. The India Bullion Jewellers Association (IBJA) also reported a decrease in gold and silver rates.

13 Nov 2026 1:25 pm
MSCI rejig: Which stocks may see the biggest inflows & outflows?

In a significant update, MSCI has revealed modifications to its indices, impacting several Indian stocks starting November 30. This shift is predicted to boost India's representation within the MSCI Emerging Markets Index. Notable stocks like Coforge and LIC are anticipated to attract considerable investments, while PI Industries may experience a decline.

13 Nov 2026 11:36 am
EMIs now eat up to 60% of income: How easy credit is draining Indias youth

Household debt has passed 45.5% of GDP, and young Indians are borrowing fastest. See the numbers, the causes, and the way out.

13 Nov 2026 9:07 am
Will you lose cashback on UPI payments if MDR is introduced? Know what the proposal could mean for users

The Finance Ministry says UPI stays free for you. Heres what the new 0.4% MDR on merchant payments above 2,000 means, including for RuPay credit cards and cashback.

13 Nov 2026 8:52 am
REITs in India delivered around 16% annualised returns since 2019; 5 things to check before investing

Discover the potential of investing in India's booming REIT market, where you can earn from commercial real estate without the hassles of ownership and management. Insights from Ramesh Nair reveal REITs' growth drivers, the importance of total returns over distribution yield, and upcoming property segments that could enhance your investment opportunities.

13 Nov 2026 7:00 am
Central government sets Rs 1.5 lakh laptop price limit for employees; Rs 1.8 lakh for Make-in-India devices

The central government has issued new guidelines allowing officers in Pay Levels 8 and above to buy laptops for their official duties. Eligible officers can invest up to Rs 1,50,000, or Rs 1,80,000 for Make-in-India devices. After four years, these laptops can be kept, provided that all data is erased prior. In case of transfers or retirements, officers can retain laptops by settling the book value.

12 Nov 2026 5:45 pm
Chhath Puja bank holiday: Are SBI, HDFC Bank, ICICI Bank, PNB and other banks closed for Chhath Puja?

Banks will be closed in few states on November 16, 2026, due to Chhath Puja. While the Delhi Government has declared a public holiday. November features several bank holidays across India for various festivals and occasions. Customers are advised to complete important banking tasks before the holiday. Scheduled and non-scheduled banks observe public holidays on specific Saturdays of the month.

12 Nov 2026 5:41 pm
AMFI Rejig: Cupid, Physicswallah among 13 smallcap stocks that may get upgraded to midcap

Thirteen smallcap stocks, including Ather Energy, RBL Bank and Welspun Corporation, may move into the midcap category in AMFI's H1 CY27 reclassification. Nuvama Institutional Equities has also identified three potential new entrants to the midcap segment.

12 Nov 2026 2:31 pm
22k gold and silver rates today (November 12, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in Delhi, Mumbai, Hyderabad & more cities

Gold rates today: Gold and silver prices took a noticeable dip on November 12, 2026, across key Indian markets. As per the India Bullion and Jewellers Association, the latest rates showed a reduction from the prior day, allowing buyers to explore and compare options amidst the noticeable decline.

12 Nov 2026 1:51 pm
Can I withdraw my EPF to repay home loan principal; will I have to pay tax on it?

ET Wealth Reader's Query: Can I withdraw my Provident Fund to repay my home loan principal? Will I have to pay taxes on PF withdrawal? How long can I retain the money in my EPF account and continue earning interestup to three years from the date of my last contribution or until I turn 58?

12 Nov 2026 12:17 pm
Worlds top countries with highest gold reserves: Is India ranked among top 10?

The US leads the world in official gold reserves, but where does India stand? Explore the top 10 countries, their gold holdings and why central banks value bullion.

12 Nov 2026 9:10 am
India bonds to stay hemmed in by oil, Treasury moves ahead of inflation data

Indian government bonds are anticipated to trade between softer oil prices and rising US yields. The market is waiting for domestic inflation data that could influence the Reserve Bank of India's rate strategy. A Reuters poll estimates an increase in annual consumer inflation, potentially leading to further tightening by the RBI. Investors are cautious ahead of a significant bond auction scheduled for Friday.

12 Nov 2026 8:18 am
Indian Overseas Bank revises FD interest rates: 6.75% rate on 444-day deposits, rate cut on 180269 day FDs

Indian Overseas Bank has revised its fixed deposit interest rates, effective from November 10, 2026. Senior citizens can avail an additional interest rate, as well as super senior citizens.

11 Nov 2026 6:16 pm
Joint accounts, tax savings, wills: How couples can protect their wealth

Finances are a cornerstone of marriage, shaping both relationships and futures. At the ET Wealth Expo 2026, specialists emphasized the necessity of balanced fiscal strategies in partnerships, the dangers of income tax clubbing, and the importance of wills.

11 Nov 2026 3:59 pm
Mutual fund NFOs: 28 funds collect Rs 3,829 crore in October; ICICI Prudential Contra Fund contributes the most

Mutual funds launched 28 new schemes in October, collectively garnering Rs 3,829 crore. The launches spanned index funds, equity ETFs, debt funds, fund of funds, hybrid schemes and close-ended funds, with ICICI Prudential Contra Fund leading collections.

11 Nov 2026 3:28 pm
SCSS vs MIS for senior citizens: Which scheme provides higher income on Rs 15 lakh investment? See calculations

Investment choices for senior citizens can include the Senior Citizens Savings Scheme and the Post Office Monthly Income Scheme. Notably, SCSS boasts an attractive interest rate of 8.2%, while MIS offers 7.4%. If you invest Rs 15 lakh in SCSS, you'd accumulate Rs 6.15 lakh in interest over five years, compared to Rs 5.55 lakh through MIS. This difference highlights an additional earnings potential of Rs 60,000 through SCSS.

11 Nov 2026 3:28 pm
Why is the glittering gold losing its sparkle?

After hitting a record near $5,600 an ounce in January 2026, gold has fallen roughly 29% from its peak. Here is what drives gold prices, why the rally reversed, and how investors can approach gold now.

11 Nov 2026 2:15 pm
Parag Parikh Flexi Cap Fund: M&M, Coal India, Petronet LNG among stocks bought in October

The largest active flexicap fund by assets under management (AUM) had an AUM of Rs 1.46 lakh crore in October. The fund did not completely exit any stock or add any new stock to its portfolio in October.

11 Nov 2026 1:51 pm
EPS-95 pensioners can submit Jeevan Pramaan from home using UMANG App: Follow these 6 steps for submission through Aadhaar face authentication

Jeevan Pramaan: EPS-95 pensioners no longer need to visit a bank branch or office for their annual Digital Life Certificate. They can generate it conveniently using the UMANG App and Aadhaar face authentication. Once submitted, the certificate remains valid for one year, allowing pensioners to continue receiving payments.

11 Nov 2026 1:47 pm
Gold and silver rates today (November 11, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq

Gold rates today: Gold prices decreased today (Wednesday, November 11, 2026) at major jewellery brands. Also have a look at the IBJAs latest 24k, 22k, 20k, 18k and 14k indicative gold jewellery rates and the 999-purity silver jewellery indicative price.

11 Nov 2026 11:51 am
Higher EPS pension: Pensioners request Labour Ministry to withdraw EPFO circular rejecting exempted employees' higher pension claims

The National Confederation of Pensioners' Associations has requested the Labour Ministry's urgent intervention in pending pension cases. They seek to withdraw a circular from January 2025 that affects higher EPS pension eligibility. The NCPA emphasizes eliminating discrimination between exempted and unexempted establishments regarding pension rights. They have proposed several recommendations to streamline the processing of pension applications and address delays.

11 Nov 2026 8:23 am
Bank holiday today: Are banks open or closed in your state today on November 11, 2026?

On November 11, 2026, banks will observe holidays in specific states for various regional festivals. These festivals include Laxmi Puja, Ningol Chakkouba, and Bhai Dooj. Some states will continue to operate normally despite these closures. Bank customers should confirm the holiday schedule before visiting their local branches.

11 Nov 2026 7:00 am
Mutual fund NFOs: Only 2 mutual fund NFOs are open for subscription. Check details

Only two mutual fund new fund offers (NFOs) are currently open for subscription. Edelweiss Nifty Energy ETF will close on November 13, while Aditya Birla SL FMP-VC-114D will remain open until November 17. Here are the key details, including their categories, subscription deadlines and minimum investment amounts.

10 Nov 2026 2:06 pm
22k gold and silver rates today (November 10, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in Delhi, Mumbai, Hyderabad & more cities

Gold rates today: Major jewellery brands, including Tanishq and Malabar Gold & Diamonds, have seen a dip in gold prices today, making it an opportune moment for consumers to purchase 22k gold at more affordable rates compared to Monday. Consistent pricing across cities like Delhi, Mumbai, and Chennai allows for easy shopping.

10 Nov 2026 2:00 pm