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The Economic Times

Personal Finance / The Economic Times

Indian Railways Ticket booking app UTS will be discontinued from March 1, 2026 and moved to new app 'RailOne'; Heres what happens to R-Wallet money

Indian Railways' UTS ticket booking app will be discontinued on March 1, 2026, with services migrating to the new RailOne app. Existing R-Wallet balances will be transferred to RailOne, requiring users to register with the same mobile number. Passengers can also surrender their R-Wallets at UTS counters for a refund, minus a clerkage charge.

28 Feb 2026 2:32 pm
Need diversification in your portfolio? Multi-asset funds attract stability-seeking investors

Multi-asset allocation funds gained popularity as investors embrace them for portfolio stability. AUM rose 72% to Rs 1.75 lakh crore, driven by strong performance in gold, silver, and automatic rebalancing benefits.

28 Feb 2026 12:56 pm
NFO Alert: HDFC Mutual Fund launches HDFC Income Plus Arbitrage Omni FOF

HDFC Mutual Fund launched HDFC Income Plus Arbitrage Omni FOF, an open-ended scheme investing in arbitrage and debt-oriented funds. The NFO, open until March 11, dynamically manages allocation based on market outlook. This tax-efficient fund aims to provide income potential with risk management.

28 Feb 2026 12:50 pm
8 smallcap funds with low performance consistency in 5 years. Check details

Eight small-cap mutual funds delivered low consistency over the past five years, with performance scores ranging from 19% to 46%. Despite moderate risk, returns varied, with five-year CAGRs between 18% and 23%, highlighting uneven investor outcomes.

28 Feb 2026 12:33 pm
Maintenance relief for husband: Allahabad HC allows arrears to be paid in 10 EMIs, fixes payout at 25% of income

The Allahabad High Court ordered a husband to pay 25% of his monthly income, assessed at Rs 24,000, as maintenance to his wife and child, totaling Rs 6,000. Citing Supreme Court precedent, the court enhanced the previous Rs 5,000 award. Recognizing the husband's hardship, arrears will be paid in 10 equal monthly installments starting February 5, 2026.

28 Feb 2026 11:19 am
Builder homebuyer dispute: Should homebuyers choose arbitration or RERA for quicker resolution?

Homebuyers facing builder disputes have a choice between RERA and arbitration. RERA offers a specialized forum for quicker resolutions at lower costs. Arbitration, while confidential, can be expensive and time-consuming for individual buyers. RERA's enforcement powers and appeal conditions make it a more practical option for most homebuyers seeking effective relief against builders.

28 Feb 2026 11:03 am
Flexi-cap, mid-cap, small-cap and gold ETF. Is this a balanced mutual fund portfolio for young investors?

A 22-year-old investor sought advice on optimising her mutual fund portfolio for long-term wealth creation. Expert Harshvardhan Roongta of Roongta Securities recommended maintaining a balanced mix, limiting fund overlap, keeping 1015% in gold, and targeting 12% returns to potentially build Rs 4546 lakh in 10 years.

28 Feb 2026 10:54 am
Average lending rates on new loans firm up

January saw Mumbai's new rupee-loan rates climb, propelled mainly by state-owned lenders. By contrast, rates on existing loans dipped slightly and deposit rates declined a touch. The move unfolds in the RBI's policy backdrop, after its prior repo-rate reduction.

28 Feb 2026 9:45 am
Can AI beat a great investor? Here's what billionaire Howard Marks says

Howard Marks believes AI possesses many investor qualities like data processing and unemotional decision-making, but lacks crucial human elements like skin in the game and intuitive risk assessment. While acknowledging AI's rapid advancement and potential, he advises a cautious, selective approach to investing in the technology, warning against going all-in.

28 Feb 2026 9:45 am
Bad Memories of Another Day for Lenders as Bihar Moves to Regulate Microloans

Bihar's new microfinance law could stall the sector's rebound. The state assembly passed a bill regulating money lending, a move that may push up loan defaults, echoing issues seen in other states. Lenders are prioritizing borrower engagement to curb repayment delays, and the industry aims to reassure borrowers while safeguarding asset quality.

28 Feb 2026 9:38 am
Mother excluded from sons inheritance if he dies intestate and is survived by wife, children: Karnataka HC rules

Where a deceased leaves a widow and lineal descendants, the widow is entitled to one-third of the estate, and the remaining two-thirds devolve upon the lineal descendants. The mother, being an antecedent, does not inherit in the presence of lineal descendants.

28 Feb 2026 8:00 am
Lessons from equity market crash: Why FD investors are having the last laugh after market falls

Equity investors have faced losses since September 2024, with major indices declining. In contrast, fixed deposit investors are benefiting from steady growth, with some banks offering attractive interest rates. This period highlights the importance of capital protection and diversification in investment strategies.

28 Feb 2026 8:00 am
Can parents evict a son for not maintaining them? Yes, but removing inheritance rights require a Will

Senior citizens can evict sons for failing to provide maintenance. However, disinheritance from ancestral property is not automatic. Parents must create a Will to exclude children from self-acquired property. The Jharkhand High Court clarified these rights. However to cut the son from the inheritance of property rights, Will is needed.

28 Feb 2026 7:11 am
Saturday bank holiday: Are banks open or closed today on February 28, 2026? Check RBI calendar

Indian banks will be closed on February 28, 2026. This closure is due to it being the fourth Saturday of the month. Banks observe holidays on the second and fourth Saturdays. Customers can still access digital banking services for various transactions. Internet banking, SMS banking, and WhatsApp banking remain available for account management and payments.

28 Feb 2026 7:01 am
8th Pay Commission latest update: Merge 50% DA with basic pay, postal employee body writes to 8th CPC chairman

The Federation of National Postal Organisations (FNPO) has urged the 8th Pay Commission to merge 50% dearness allowance (DA) with basic pay and grant interim relief to central employees and pensioners from January 1, 2026.

27 Feb 2026 5:40 pm
Explained: Why Redington shares soared 17% after Apples teaser big week ahead

Redington shares surged up to 17% after a teaser from Apple CEO Tim Cook hinted at major product launches next week. With Apple contributing nearly one-third of Redingtons revenue, investor enthusiasm spiked ahead of expected updates to iPhone, iPad and Mac lineups, reinforcing optimism around the distributors growth prospects.

27 Feb 2026 4:46 pm
Binances regulatory leap: What the ADGM license means for global crypto

Binance now operates under Abu Dhabi Global Market supervision. This marks a significant move from unregulated trading to institutional compliance. The crypto exchange has restructured its operations to meet stringent global standards. This development is expected to attract more institutional capital. The move signals a new era for digital assets, prioritizing safety and verification.

27 Feb 2026 4:10 pm
Flying to India with gold or jewellery, camera or wristwatch? New baggage rules you must know

New rules simplify international travel to India. Duty-free jewellery limits are now weight-based: 40 grams for women and 20 grams for others. Updated gold and silver import regulations allow up to 1kg of gold and 10kg of silver for eligible passengers after a six-month stay abroad.

27 Feb 2026 4:00 pm
NFO Alert: TRUST Mutual Fund announces launch of TRUSTMF Mid Cap Fund

TRUST Mutual Fund has launched the TRUSTMF Mid Cap Fund, an open-ended equity scheme targeting mid-cap companies. The NFO is open until March 13. The fund focuses on growth at reasonable valuations and aims to deliver long-term capital appreciation through disciplined stock selection and research-driven investment strategies.

27 Feb 2026 3:59 pm
Sebi overhauls MF schemes categorisation and rationalisation rules. Key 10 things to know

Sebi has overhauled mutual fund categorisation and rationalisation norms, discontinuing solution-oriented funds and introducing life cycle funds. The regulator has tightened portfolio overlap rules, enhanced disclosure requirements, and set new investment and structural conditions across equity, debt and FoF categories to improve transparency and product differentiation.

27 Feb 2026 3:25 pm
Gold, silver get bigger role as SEBI tweaks MF valuation rules: A hedge against global uncertainty and exchange rate volatility?

SEBI is set to change how mutual funds value gold and silver from April 1, 2026. Funds will use Indian stock exchange prices instead of LBMA. This allows more gold and silver in equity and hybrid schemes. Lifecycle funds can allocate 10% to gold and silver.

27 Feb 2026 3:13 pm
Dubai earnings sent through banking channels, yet tax notice issued: ITAT Ahmedabad rules property purchase cant be treated as unexplained investment

An NRI working in Dubai since 1993 successfully challenged a tax notice for unexplained property investment in India. The ITAT Ahmedabad ruled that funds remitted through proper banking channels from his Dubai earnings, even for property purchase, cannot be deemed unexplained. This decision offers significant relief to NRIs facing similar tax scrutiny.

27 Feb 2026 2:27 pm
From solution-oriented to lifecycle funds: How Sebis proposal may reshape your mutual fund portfolio?

SEBI has replaced solution-oriented funds with new life cycle funds, featuring a dynamic glide-path strategy across asset classes. Existing investors will see their funds merged into comparable schemes, with potential impacts on returns and taxation. Life cycle funds suit long-term, goal-based investors seeking automatic asset allocation.

27 Feb 2026 2:07 pm
Bank holidays in March 2026: Full list of state-wise bank holidays you should check before planning visits

March 2026 bank holidays: March will see numerous bank holidays across India due to major festivals like Holi, Eid-Ul-Fitr, and Shree Ram Navami. Bank closures will vary by state, with specific holidays observed for events such as Holika Dahan, Chapchar Kut, and Gudhi Padwa.

27 Feb 2026 2:05 pm
SBI Card rule changes from April 1, 2026: Reward point redemption structure revamped; check new limits, conditions

SBI Card is implementing significant changes to its reward points redemption policy, effective April 1, 2026. A monthly cap of 60,000 reward points for statement credit will be introduced for most cards, with redemptions now requiring multiples of 4,000 points. Additionally, forfeiture timelines for promotional offer reward points are being updated from January 2026.

27 Feb 2026 12:23 pm
Family floater health insurance plans can be 4060% cheaper than individual plans, but which one works better for your family?

Choosing between family floater and individual health insurance plans involves weighing shared coverage against dedicated protection. While floaters offer cost savings for young, healthy families, individual plans provide more robust coverage for members with pre-existing conditions or seniors, ensuring adequate protection for all.

27 Feb 2026 11:39 am
Planning for tax saving investments for FY 2026? Check the latest taxation rules for ULIPs, EPF, and ELSS mutual funds

Indian investors face evolving tax rules for popular products like ULIPs, EPF, and mutual funds. Understanding these changes is crucial for long-term financial planning. The government aims to tax investment returns more consistently, impacting how your money grows and is withdrawn.

27 Feb 2026 11:26 am
Seller's property can still be attached if the buyer knew of sellers arbitral dues: SC rules

The Supreme Court ruled that property buyers aware of an arbitral award for the seller's unpaid dues cannot block its attachment. Even with a sale deed, if a buyer knows about pending recovery proceedings, the property remains liable. This decision upholds the principle that judgment debtors cannot evade debts by transferring assets after an award is passed.

27 Feb 2026 10:52 am
NRIs with big foreign tax payment need to get CA certificate to claim tax credit in their ITRs in India under draft tax rules 2026; Know more

Indians working abroad can claim Foreign Tax Credit (FTC) by filing Form 67. Draft rules propose renumbering it to Form 44, requiring CA certificates for companies and individuals with foreign tax payments over Rs 1 lakh. These changes aim to enhance scrutiny and ensure bona fide claims, potentially increasing compliance costs.

27 Feb 2026 10:21 am
Silver, gold ETFs gain upto 4% on USIran talks, tariff worries. What should investors do?

Gold and silver ETFs saw gains on Friday. Tata Silver ETF jumped nearly 4%. Other silver ETFs rose 3%. Gold ETFs saw smaller increases. Investors are watching geopolitical tensions and economic risks. Experts suggest buying on dips for long-term gains. MCX gold futures and silver futures also showed increases.

27 Feb 2026 10:12 am
Best short duration mutual funds to invest in February 2026

According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more. They are somewhat in the middle when it comes to interest rate risk. They are riskier than liquid, ultra short term, and low duration funds. However, they have a lower risk compared to medium duration and long-term funds.

27 Feb 2026 10:04 am
Silver ETFs tumble 15% in one month, gold ETFs gain 3%. What should investors do?

Silver ETFs have seen a sharp decline while gold ETFs have delivered positive returns. Experts attribute silver's fall to volatility and profit booking, and gold's rise to its safe-haven status amid global uncertainty. Investors are advised to review their asset allocation for both precious metals. Long-term outlook for both remains positive due to geopolitical tensions and industrial demand for silver.

27 Feb 2026 9:20 am