PM Internship Scheme offers young professionals practical experience by connecting them with top companies. A dedicated app simplifies the application process and provides updates in real-time.

Fund managers said investing in this product is a bet on profiting from the higher-than-normal difference between overnight interest rates and yields on corporate bonds with one- and two-year maturities.

Care Health Insurance has stopped cashless claim settlements at 12 Max Hospitals in Delhi-NCR due to unsustainable demands from a policyholder's perspective. Patients can still seek reimbursement and even cashless treatment at other Max Hospitals across India. Delisting is generally attributed to disagreements in treatment pricing and is typically a temporary measure while negotiations continue in the background.

Banks and Income Tax Offices will remain operational on March 31, 2025, despite it being a public holiday for Ramzan-Id (Eid-Ul-Fitr). This decision ensures the timely completion of fiscal year-end financial transactions. RBI has issued special instructions for banking and insurance companies to facilitate critical transactions.

Thematic and sectoral investing focus on emerging trends. Key strategies include top-down (macro-driven themes), bottom-up, and sector rotation (shifting capital based on growth potential).

ETMutualFunds shortlisted top ELSS funds based on mean rolling returns, consistency, downside risk, and asset size. Canara Robeco, Mirae Asset, Invesco India, DSP, and Quant ELSS funds showed strong historical performance.

Seven equity mutual fund schemes had the highest up capture ratio in five years, with Motilal Oswal Multi Cap Fund leading at 267.21, significantly outperforming its benchmark.

Several banks, including DCB Bank, Punjab & Sindh Bank, and AU Small Finance Bank, have revised their fixed deposit (FD) interest rates for amounts below Rs 3 crore in March. The highest interest rates offered reach up to 8.00% for general citizens and 8.50% for senior citizens across varying tenures.

In the last three years, around 15 ELSS or tax-saving mutual funds have significantly increased investors' wealth. Funds like SBI Long Term Equity Fund and Motilal Oswal ELSS Tax Saver Fund showed substantial growth. ELSS funds offer tax savings under Section 80C of the IT Act, while being high-risk investments with a three-year lock-in period.

Nippon India Small Cap Fund remains popular among investors even as the Nifty Smallcap 250 index declined by 18% since September. The fund has a strong long-term performance record, outperforming its benchmark and category average in various time frames. However, its large size and broad diversification may affect its ability to consistently generate significant returns.

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs will help you select the tax regime that works best for you. Here are the income tax slabs under the new tax regime and old tax regime for FY 2025-26 (AY 2026-27), i.e., between April 1, 2025 and March 31, 2026.

Motor insurance premiums involve various factors like payment modes, claim history, and policy purchase method. Choosing strategic options such as spreading payments, leveraging No-Claim Bonuses, opting for Pay As You Drive, avoiding dealer-driven policies, and making smart deductible choices can significantly reduce premiums without compromising coverage.

Analysts recommend large-cap mutual funds as Nifty 50 valuations align with long-term averages. Large caps offer stability amid global uncertainty. Investors can allocate funds actively or passively, with cost differences influencing choice.

Save income tax: National Savings Certificate is a fixed-income investment scheme that's backed by the Government of India. But did you know that you can claim the interest component of NSC investment as Section 80C tax deduction under the old tax regime even if the NSC was invested in the past years. Read below to know more.

Several financial deadlines and regulatory changes will take effect by March 31, 2025. These include the last opportunity to invest in Mahila Samman Savings Certificate, updated UPI rules, and the final date to file an updated ITR. Special FD schemes, changes to SBI credit card rewards, and PM Internship Scheme deadlines are also approaching.

Despite Sensex falling 729 points, four BSE Smallcap stocks hit 52-week highs: Shaily Engineering, Aavas Financiers, TCPL Packaging, and Chambal Fertilisers, gaining 9-22% in a month.

HDFC Bank: The Reserve Bank of India found HDFC Bank violated Know Your Customer (KYC) norms as laid down by RBI's Master Direction - Know Your Customer (KYC) Direction, 2016. The RBI's inspection found HDFC Bank allotted multiple customer identification code to certain customers instead of a Unique Customer Identification Code (UCIC) for each customer and 1 other violation.

Effective March 26, 2025, the government will discontinue the Medium-Term and Long-Term Government Deposit components of the Gold Monetization Scheme.

The Supreme Court recently upheld LIC's decision to repudiate a health insurance claim under the Jeevan Arogya scheme due to non-disclosure of chronic alcoholism by the policyholder. Complete disclosure of all habits by the prospective policyholder is crucial for insurance validity, especially in benefit-based policies. This is because insurers assess claims based on the materiality of non-disclosure and its impact on the insureds health.

Decentralised finance (DeFi) is revolutionizing the financial ecosystem, offering diverse investment opportunities. Okto, a mobile DeFi app, simplifies access to products like Swap, Spot, Futures, and Earn, promoting broader adoption. Backed by CoinDCX, Okto integrates with HyperLiquid to provide a seamless, high-performance trading experience.

Save LTCG: Long term capital gains (LTCG) tax on equities is presently levied only if the gains is over Rs 1.25 lakh. However when we calculate, it shows taxpayers will save more LTCG tax on equities in FY 2024-25 than in FY 2023-24, but only upto a certain limit. Also March 31, 2025 is stock market holiday, so you need to use tax harvesting method by March 28, 2025.

Top low-cost, high-return mutual funds include Bank of India Credit Risk (37.59%), Mirae Asset NYSE FANG+ (34.41%), and SBI PSU Fund (32.92%), offering strong gains with relatively low expense ratios.

Top SIP performers over three years include SBI Healthcare, ICICI Prudential Infra, and Bandhan Small Cap. Returns range from 24.53% to 29.61%, with Rs 10,000 SIPs growing up to Rs 12.18 lakh.

Only sectoral and thematic equity mutual funds delivered positive returns this year. International funds gained 2.28%, banking funds 0.99%. Investors should assess risk, horizon, and sector knowledge before investing.

Womens participation in mutual funds has surged, with AUM doubling in five years to Rs 11.25 lakh crore. Long-term investing, SIP adoption, and equity allocation have increased, while debt fund interest declined. More women are opting for direct plans, and younger investors in smaller cities are driving mutual fund growth.

The investment options under Section 80C include ELSS funds, NPS, ULIP, PPF, EPF, FD, SSY, and NSC. While ELSS schemes have a lock-in period of three years, the other options under Section 80C typically have a longer lock-in period.

Top 5 flexi cap funds with 5-year returns up to 38% as on Mar 19, 2025

These changes will impact some popular credit cards, such as Club Vistara SBI Credit Cards, Club Vistara SBI PRIME Credit Cards, SimplyCLICK SBI Card, Air India SBI Platinum Credit Card, and Air India SBI Signature Credit Card

Do I need to pay premiums for health insurance policy if my daughter has moved abroad? Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right away.

Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA if he/she lives in a rented accommodation and has received HRA as part of his/her salary. However, if an employee is living in a society, then along with rent to the landlord, he/she has to pay maintenance charges also.

The Reserve Bank of India has published the official bank holiday calendar for April 2025, which includes significant observances like Mahavir Jayanti, Ambedkar Jayanti, Good Friday, and Akshaya Tritiya. Banks will be closed on specific dates across various states for these holidays, assisting individuals and businesses in planning their financial transactions effectively.

ICICI Prudential Mutual Fund introduced the ICICI Prudential Nifty EV & New Age Automotive ETF and its Fund of Funds for investors. This initiative aims to provide exposure to India's growing EV and new-age automotive sector, spanning various industry segments. The NFO is open for subscription until April 10, 2025.

As per regulatory guidelines, a large-cap company is a listed company which is ranked from 1st to 100th on the Indian stock exchanges in terms of market capitalisation.

It alleged that as the majority of the active trades of the AMC were concentrated with one dealer, namely Joshi, the dealing room activities were with one dealer. In the absence of dealers, AMC had made a temporary arrangement with an equity research analyst and investment associate who could be assigned the role of alternate dealers.

SIPs made in this index for 8 to 15 years in this time frame have made money. In comparison, for an investor to be sure that her small cap index SIP investments did not lose money in this period, she had to continue for at least 12 years.

NPCI's BHIM 3.0 launch aims to simplify expense tracking and management, and splitting them with friends and family. The app will support over 15 languages, with BHIM 3.0 claiming to work well even in unstable internet conditions. There are also features like spend analytics and bill payment reminders. Merchants are also potentially set to benefit from BHIM Vega for seamless in-app payments.

Compare last year's ITR with the current ITR: The income tax department will check and match your current income tax return filed with the previous year's ITR from next year onward. This is done to check for any inconsistencies and irregularities in the current year's ITR. The question arises: Is it good news or bad news for the taxpayers?

The Insurance Regulatory and Development Authority of India (IRDAI) has identified serious lapses in the claim settlement practices of Star Health and Allied Insurance. The insurer also has the highest number of customer grievances amidst its industry peers , and a relatively lower incurred claim ratio of 66.47%, as opposed to the industry average of 82.52%

NPCI issues new guidelines requiring banks and UPI apps to update mobile number records weekly to avoid errors from recycled numbers. From April 1, 2025, explicit user consent will be mandatory for assigning numeric UPI IDs, enhancing transaction accuracy and user security.

Mirae Asset Hang Seng TECH ETF and Nippon India ETF Hang Seng BeES have offered returns of 71.15% and 54.38%, respectively, in FY25 so far.

The RBI will increase interchange fees on ATM withdrawals in India, raising costs for transactions beyond the free limit. This change is driven by increased operational costs. The rise aims to encourage digital banking as the more cost-effective and convenient alternative.

The current crypto market dip presents opportunities for investors, with altcoins like Solaxy, Bitcoin Bull, and Mind of Pepe showing potential for significant growth. Experts highlight their unique technologies and rewarding mechanisms as reasons to watch these tokens closely.

New meme coins, including Bitcoin Bull (BTCBULL), Solaxy (SOLX), and Mind of Pepe (MIND), are gaining traction for their unique features and investor appeal. These projects combine innovative solutions such as AI-driven market intelligence and Layer-2 scaling with the community-driven hype typical of meme coins.