The Economic Times

Understanding personal loan EMIs is crucial for managing major expenses. An EMI calculator helps estimate monthly repayments based on loan amount, interest rate, and tenure, enabling informed borrowing decisions. Bajaj Finance offers flexible personal loans with amounts up to 55 lakh and tenures up to 108 months, ensuring convenient repayment options.

This simple Google tool can decrease the chances of strangers coming across your private information lying on the internet. However, you must know that the Results about you feature does not erase the data from the original website, for which you would need to contact the site owner.

Gold rate today: Gold prices saw a decline on May 28, 2026, influenced by ongoing US-Iran talks. Major jewelers like Tanishq, Joyalukkas, Malabar Gold & Diamonds, and Kalyan Jewellers reported varying rates for 22k gold, with some showing a slight increase from the previous day.

Mutual funds significantly increased their investments in smallcap IPOs during the March quarter, with a focus on newly listed companies. Amagi Media Labs and Fractal Analytics emerged as top holdings, followed by Sedemac Mechatronics and Shadowfax Technologies.

Indian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back to Indian rupees. The tax treatment depends on whether the gain is considered income. Foreign currency held for investment is a capital asset. Tax arises only upon actual conversion. Reporting foreign assets in ITR is mandatory.

Not only did Shelby advised people to bet for the long run, but his firm also lived by the idea, thereby giving rise to the term - Davis Dozen. The legendary investor for a core portfolio of about a dozen big long-term winning stocks which he continued to hold for decades.

Individuals with assets in both India and England are advised to create separate Wills to ensure proper distribution and avoid legal challenges. English law has strict requirements for Will validity, including written format, testator's signature, and proper witnessing. Seeking professional advice is crucial to prevent errors and potential invalidation of Wills.

Homebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay interest for the delay. However, the homebuyers' claim for an extra Rs 75 lakh charge was dismissed. RERA emphasized that buyers must carefully read agreements, as the principle of 'Caveat Emptor' applies. The builder-buyer agreement's terms were deemed binding.

Homebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay interest for the delay. However, the homebuyers' claim for an extra Rs 75 lakh charge was dismissed. RERA emphasized that buyers must carefully read agreements, as the principle of 'Caveat Emptor' applies. The builder-buyer agreement's terms were deemed binding.

As of the March 2026 quarter, four leading debt mutual fund managers oversee at least Rs 1 lakh crore in assets under management. Kaustubh Gupta of Aditya Birla Sun Life leads with Rs 1.61 lakh crore, followed by Manish Banthia of ICICI Prudential at Rs 1.45 lakh crore.

Parag Parikh Flexi Cap Fund marks 13 years with impressive growth. A Rs 10,000 SIP since inception turned into Rs 51 lakh. The fund prioritizes value, quality management, and global diversification. Its consistent strategy has made it India's largest active fund. Investors benefit from its disciplined approach across market cycles.

A woman has won her share in a joint property after a 15-year legal battle. Her husband had willed his half to another man. The Supreme Court affirmed her 50% entitlement. As physical partition was impossible, the court ordered the property's auction. Proceeds will be distributed according to ownership shares.

Bank holiday today: Banks in several Indian states are closed today, May 28, 2026, in observance of Bakri ID (Id-Uz-Zuha). While branch services are unavailable in affected regions, digital banking remains accessible. The holiday is observed as per the RBI's state-wise calendar, with exceptions in Odisha, Sikkim, Assam, and Arunachal Pradesh.

Joint and mutual Wills, while legally recognized in India, present significant complexities and potential for disputes. Experts highlight that these structures, unlike separate Wills, can lead to inflexibility and inheritance complications, especially with changing family dynamics and asset ownership. Choosing the right estate planning structure is crucial to avoid future litigation.

West Bengal's Annapurna Yojana, effective June 1, 2026, will provide Rs 3,000 monthly financial aid to eligible women aged 25-60. This scheme replaces Lakshmir Bhandar for most beneficiaries, with an online application process opening on the same date. The initiative aims to offer assured financial support directly to women's bank accounts.

Gold prices on MCX slipped amid rising geopolitical tensions, elevated crude oil prices and inflation concerns linked to the delayed US-Iran deal. Experts advise investors to avoid panic selling and instead hold or accumulate gold in phases during dips. Financial gold options like ETFs and mutual funds are preferred. Analysts recommend allocating 10-15% of portfolios to gold and expect prices to remain strong through 2026.

Gold-based mutual funds and value index schemes emerged among the best-performing lumpsum investments over three years, delivering up to 36% CAGR and significantly outperforming many equity, debt, and passive funds.

Central government employees await the 8th Pay Commission report, anticipating arrears from January 1, 2026. While dearness allowance arrears are expected due to recalculation on revised basic pay, house rent and transport allowance arrears are unlikely, following past practices. Employees may receive 20-24 months of arrears based on the final fitment factor and notification timeline.

Gold prices saw a dip today. Investors are watching US-Iran peace talks and inflation trends closely. Jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported lower rates for 22k gold.

Home loan interest rates: Choosing a home loan involves comparing floating and fixed interest rates. Floating rates can decrease but also increase with RBI policy. Fixed rates offer stable EMIs, which can be beneficial as income grows. ET Wealth Online presents the 10 lowest fixed and floating home loan rates from banks as of May 25, 2026.

Six equity mutual funds have achieved over 20% CAGR across three, five, and seven-year periods, with all originating from midcap and smallcap categories. Nippon India Mutual Fund led with two funds, while Edelweiss, HDFC, Invesco, and Quant each had one fund on this exclusive list.

Eight midcap stocks, including Indian Overseas Bank, RVNL, and Adani Total Gas, were avoided by mutual funds in March 2026, with Ventura largely calling decisions prudent except for MCX.

The 8th Central Pay Commission is set to visit Bhubaneswar on July 6 and 7, 2026. Central government organizations and unions can request appointments by May 31, 2026.

Individuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can file ITR-2 for AY 2026-27 by July 31, 2026. Key errors to avoid include misclassifying capital gains, neglecting foreign asset disclosures, and incorrect residential status determination.

New central government rules under the Labour Code offer significant benefits to employees facing job loss due to business reasons. These workers are now entitled to retrenchment compensation amounting to fifteen days' average pay for each year of service. Additionally, employers must contribute to a re-skilling fund, providing a further financial cushion for affected individuals.

Inheriting property via Will? While mutation records update who pays taxes, they don't transfer ownership. Courts permit mutation for heirs but clarify it's not proof of ownership. Legal heirs become co-owners and cannot evict others without a court order or formal partition. Long possession alone doesn't grant ownership; adverse possession requires strict proof.

Bank holiday today: Banks across numerous Indian states will be closed today, Wednesday, May 27, 2026, for the Eid-ul-Adha festival. This holiday, also known as Bakrid or Id-ul-Zuha, affects banking operations in specific regions.

Gilt funds invest in government securities. These funds are sensitive to interest rate changes. Rising yields have recently led to weak returns for gilt funds. Investors should consider gilt funds when bond yields are high. These funds are not ideal for those seeking stable returns or high liquidity. Understanding interest rate cycles is key for gilt fund investors.

In a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and grievance redressal. Insurers must now publicly disclose detailed data on claim timelines, complaint handling, and product performance, empowering policyholders to make informed decisions beyond just premiums.

Pune Police have clarified that no 14-day curfew is being imposed in the city. Social media rumours about a curfew starting May 26, 2026, are false. Banks will operate as usual and are not affected by any curfew. Bank holidays are determined by the Reserve Bank of India. Customers should consult the RBI holiday calendar for specific dates.

A fake email claiming to be from the Reserve Bank of India is circulating. It asks people to pay a credit fee for a 'Donation Program 2026' or to receive lottery compensation. The PIB Fact Check team has confirmed this is a phishing attempt. Citizens are warned not to share personal or financial details.

Five small cap mutual funds delivered over 20% annualised returns in the last three years, led by Bandhan Small Cap at 29.1%. Passive small cap index funds also posted strong gains, while several popular active small cap schemes remained laggards with single-digit returns.

Under National Pension System's (NPS) Retirement Income Schemes (RIS), subscribers can choose periodic payouts till age 85 via Systematic Payout Rate or Systematic Unit Redemption. The scheme aims to balance regular income, market-linked returns, and corpus longevity through a structured glide path.

ET Wealth Reader's Query: I have a DDA flat since 2008, which is leasehold. I now want to sell it. Is it mandatory to convert it to freehold? Do I need the signature of the original allottee?

Gold rate today: Gold prices saw a dip on May 26, 2026, as diplomatic talks between the US and Iran over the Strait of Hormuz offered hopes for a peace agreement. This followed recent US-Iran strikes, influencing market sentiment.

ICICI Prudential Mutual Funds Sankaran Naren emerged as the top mutual fund manager by assets under management in the March 2026 quarter, overseeing Rs 1.59 lakh crore. The list of top fund managers managing over Rs 1 lakh crore AUM also included Rajeev Thakkar, Chirag Setalvad, Amit Ganatra, Shreyash Devalkar, and Sailesh Raj Bhan.

The Reserve Bank of India is proactively assessing potential borrower stress due to the US-Iran conflict, engaging with local credit rating agencies. Discussions focused on evaluating ground conditions and the need for temporary regulatory relief to safeguard creditworthiness. Authorities aim to prevent economic growth from being hampered by any emerging financial strain.

The Indian Railway Technical Supervisors' Association has proposed a significant change for the 8th Pay Commission. Instead of a single fitment factor, IRTSA suggests multiple multipliers for different employee levels. This aims to create a more balanced salary structure. The association also seeks a new cadre structure and enhanced career progression for technical supervisors.