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The Economic Times

Personal Finance / The Economic Times

Actor Ajay Devgn, mother to earn Rs 16 lakh/month from Juhu bungalow lease - check Juhu Road property price trends

Juhu is one of the top localities in Mumbai by property prices too. The average asking price here is Rs 45,000 per sq. ft. The data further shows that property prices in the Juhu Road micromarket have shown a steady growth over the last year, according to Square Yards data. Rates in the micromarket jumped from Rs 33,100 per sq ft in September 2025 to Rs 35,900 per sq ft by June 2026.

14 Aug 2026 5:50 pm
Can NRIs invest in National Savings Certificate (NSC) and avail tax benefits?

The National Saving Certificate (NSC) is one of the popular small savings schemes among Indians investors with a low-risk appetite as the scheme is backed by the government and offers an attractive interest rate of 7.7%. The NSC scheme is available only to resident citizens of India.

14 Aug 2026 5:16 pm
Quant Mid Cap Fund exits Anthem Biosciences and Lenskart Solutions, adds Cochin Shipyard and 4 others in July

Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks including Cochin Shipyard, UPL and IPCA Laboratories. The fund also increased exposure to six stocks, including Adani Energy Solutions and Indus Towers. Its portfolio expanded to 23 stocks, with AUM at Rs 8,106 crore.

14 Aug 2026 2:37 pm
One MobiKwik and Reliance Infrastructure among 6 stocks from which mutual funds made complete exit in July

Mutual funds completely exited six stocks in July, led by JB Chemicals & Pharmaceuticals with Rs 6,741 crore worth of shares sold. Other exits included RK Swamy, Reliance Infrastructure, One MobiKwik System, Salzer Electronics and Gayatri Biorganics, according to Prime Databases monthly portfolio data.

14 Aug 2026 1:30 pm
22k gold rate today: Check 18k, 20k, 22k, 24k gold prices (August 14, 2026) at Tanishq, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and IBJA

Gold rates today: Here is a look at the latest 22k gold jewellery prices at Tanishq, Joyalukkas, Malabar Gold & Diamonds and Kalyan Jewellers, along with India Bullion and Jewellers Associations (IBJA) indicative rates for different gold purities and 999-purity silver.

14 Aug 2026 12:56 pm
21.55 lakh inoperative EPF accounts have average balance of around Rs 40,000: Check if your EPF money is also stuck; here's what you can do

EPFO member alert: Over the past four years, inoperative Employees Provident Fund accounts have surged by eighty-four percent, with inactive balances witnessing a dramatic increase of one hundred sixteen percent. Furthermore, the average amount in these dormant accounts rose by sixteen percent. This trend indicates that many members are neglecting to file their claims after leaving service. To address this, the government is implementing steps to identify and revive these inactive accounts.

14 Aug 2026 12:53 pm
JioBlackRock Mutual Fund files draft with Sebi for balanced advantage fund

JioBlackRock Mutual Fund has filed a draft with Sebi for a Balanced Advantage Fund investing dynamically in equity and debt. The scheme will allocate 65-90% to equities and 10-35% to debt. It will offer regular and direct plans, with a Rs 500 minimum investment, and use BlackRocks Aladdin technology for portfolio construction.

14 Aug 2026 11:37 am
Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on Friday

Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.

14 Aug 2026 10:49 am
Mutual funds raise IT exposure to 6.6% in July after record low. Is sentiment towards tech improving?

In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of minimal investment from fund managers. Analysts believe this surge is mainly driven by valuation factors, highlighting a cautious approach from growth investors who are wary of AI's potential effects on IT services. Current SIP investors are encouraged to remain invested, while newcomers should adopt a strategic method.

14 Aug 2026 10:08 am
NRI used NRE account to buy Rs 79 lakh property, got unexplained cash tax notice; ITAT Ahmedabad grants full relief

NRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case in ITAT Ahmedabad

14 Aug 2026 9:51 am
Best value funds to invest in August 2026

According to mutual fund managers, investors should invest a maximum of 20% in value funds. They also should remember that the market may not always pay a premium for value stocks.

14 Aug 2026 9:29 am
Employee lost job over pending criminal case; SC awards Rs 5 lakh compensation for wrongful termination

Employee to get Rs 5 lakh compensation after proving employer terminated him due to pendency of criminal cases; SC order explained. Know how he won.

14 Aug 2026 8:30 am
MFs cut PSU bank exposure, raise bets on IT, auto & pharma in July

In July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals for increased investments. Notably, financial services, particularly non-banking financial companies (NBFCs) and private lenders, received a surge in fund inflows. Conversely, stakes in public sector banks such as SBI and Bank of Baroda saw a decline, a strategic choice that underscores a preference for industries with stronger earnings visibility.

14 Aug 2026 5:39 am
Cyber risks, EV batteries, breakdowns and more covered by this new motor insurance policy; check what all it offers

Motor insurance is undergoing a transformation! Bajaj General Insurance introduces ProShield, specifically designed for defence personnel to assist with relocation and travel emergencies. Meanwhile, VPAY 2.0 is here to safeguard connected, electric, and hybrid vehicles from cyber threats, breakdowns, and fuel-related challenges. Explore how these innovative policies provide extensive protection that extends well beyond conventional accident coverage.

13 Aug 2026 5:48 pm
15% lifetime premium discount and pregnancy break for women; check what all this women-centric new term plan offers

ICICI Prudential Life Insurance has unveiled the ICICI Pru iProtect Smart Her, a dedicated term plan tailored for women. This plan features a 15% lifetime discount on premiums, an option for a pregnancy break to enhance financial management, and various health benefits specifically for women.

13 Aug 2026 4:30 pm
7 debit cards with complimentary airport lounge access in 2026: These might just be sitting in your wallet! 3 are without minimum spend criteria

Credit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, HDFC, SBI, PNB, IDFC First and Bank of Baroda offering complimentary domestic and international lounge visits, with some having no minimum spend criteria. Check out these 7 debit cards that offer lounge access.

13 Aug 2026 4:24 pm
FCNR (B) FDs offering up to 7.50% interest rate to NRIs, OCIs: These banks offer 6.25% or higher on deposits

FCNR (B) interest rate: Government backing for FCNR (B) deposits greatly boosts returns for investors. Presently, banks are providing enticing interest rates for foreign currency fixed deposits. These deposit options are particularly advantageous for Non-Resident Indians and Overseas Citizens.

13 Aug 2026 4:19 pm
Will my SIP of Rs 40,000 be enough to get Rs 40 lakh for my daughters wedding?

ET Wealth Reader's Query: I am 52 and have been investing Rs 40,000 a month through SIPs in diversified equity mutual funds for the past 10 years. My daughters wedding is expected in about four years, and I estimate the expense at around Rs 40 lakh. Should I continue investing entirely in equity funds, or should I gradually start shifting part of my corpus to debt funds to protect it from market volatility? If so, when should I begin the transition and what would be an appropriate strategy?

13 Aug 2026 4:13 pm
Tata Motors PV Q1 Results: Net profit plunges 80% YoY to Rs 775 crore, revenue rises 9%

Tata Motors PV Q1 Results: Tata Motors Passenger Vehicles on Thursday reported a consolidated net profit of Rs 775 crore for the April-June quarter of FY27, marking more than 80% year-on-year decline from the Rs 3,924 crore in the same period last year.

13 Aug 2026 4:08 pm
Mutual funds increase cash allocation by over Rs 7,800 crore in July to Rs 1.90 lakh crore

Mutual funds boosted cash holdings by over Rs 7,856 crore in July. PPFAS Mutual Fund held the largest cash reserve at Rs 25,291 crore. This fund house has three equity-oriented funds in its portfolio. Rajeev Thakkar noted cash levels have fallen from a peak of 25%. Other fund houses like SBI and HDFC also maintained significant cash reserves.

13 Aug 2026 3:12 pm
RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowers

The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparency to lending practices. Floating rate loans will see increased transparency and stricter reset periods. Personal and MSME loans from commercial banks must link to external benchmarks. These proposed changes are expected to take effect from April 1, 2027.

13 Aug 2026 2:31 pm
Which sectors attracted mutual fund interest in July? Check details

Mutual funds increased their exposure to technology, automobiles, e-commerce, healthcare, NBFC-lending and telecom sectors in July, while reducing weights in private banks, capital goods, utilities, oil & gas and other sectors.

13 Aug 2026 2:11 pm
Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full story

FCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging strategies. However, experts warn that investors must be aware of currency and liquidity risks. While leverage can enhance profits, it can also lead to considerable financial losses. Additionally, taxation can bite into returns, so a careful assessment of post-tax returns and risks is essential before investing.

13 Aug 2026 1:45 pm
INDO-MIM, Ather Energy and TCS among stocks bought and sold by mutual funds in July

Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling. Buying remained strong across large, mid and smallcap segments, reflecting active portfolio repositioning by fund managers.

13 Aug 2026 1:38 pm
SIF AUM jumps 30% to Rs 23,177 crore in July; inflows rise 30% MoM: Report

SIF assets under management rose 30% month-on-month to Rs 23,177 crore in July 2026, while inflows also jumped 30% to Rs 4,922 crore. Hybrid Long-Short Funds dominated the segment, accounting for 66% of total SIF AUM.

13 Aug 2026 1:27 pm
Gold rate today (August 13, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Joyalukkas, Tanishq, Kalyan Jewellers and Malabar Gold & Diamonds in Delhi, Mumbai, Hyderabad, other cities

Gold rates today:Here is a look at the latest 22k gold jewellery prices at Tanishq, Joyalukkas, Malabar Gold & Diamonds and Kalyan Jewellers across major cities such as Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Thiruvananthapuram.

13 Aug 2026 12:21 pm
Mutual fund SIP stoppage ratio falls to 82% in July as new registrations outpace closures for the third straight month

Mutual fund SIP stoppage ratio fell to 81.87% in July from 91.23% in June, marking the third consecutive monthly decline. New SIP registrations outpaced discontinued or completed SIPs, while monthly inflows rose 12% year-on-year to Rs 31,961 crore, signalling continued investor preference for systematic and disciplined investing.

13 Aug 2026 12:15 pm
Builder forfeited homebuyers' earnest money after they questioned poor construction quality; HC orders Rs 18 lakh refund with 6% interest

Builder used coercive bargaining and paid Rs 18 lakh less as refund to homebuyers for cancellation of allotment under full and final settlement; HC rejects settlement and orders full refund with interest to homebuyers

13 Aug 2026 12:03 pm
RBI turns upbeat as worst of Iran war shock recedes

Indias economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within the RBIs tolerance band, while vehicle sales, credit growth and GST receipts point to firm demand. Strong corporate balance sheets and festive-season spending are further bolstering optimism despite renewed oil and currency risks.

13 Aug 2026 11:29 am