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Emirates NBD Bank gets RBI nod to acquire up to 74% stake in RBL Bank
The provisions applicable to foreign banks operating in wholly owned subsidiary mode shall be applicable to the bank, except the requirement to have at least half of the directors attending board meetings to be independent directors shall not apply
TVS Venu Group acquires PGIM India Asset Management
In 2019, Prudential Global Investment Managers completed purchase of 50% stake held by its joint venture partner DHFL
The study indicates responsible borrowing behaviour, with an overall Fixed Obligation to Income Ratio (FOIR) of 18.7 per cent %, which is well within the 50 per cent % limit prescribed by the RBI.
IRDAI designates LIC, GIC Re, New India Assurance as D-SIIs for FY26
The regulator also directed insurers to assess compliance with dark pattern guidelines and strengthen governance and risk management, as part of broader efforts to improve transparency and oversight in the sector
RBI has several policy tools to control currency. Heres a list
RBI looks prepared to escalate its push to curb speculation and support the rupee
Dubai remains a top destination for gold purchases, attracting global buyers with competitive rates and diverse designs. Today's gold prices in Dubai are under scrutiny due to ongoing global conflicts and market volatility. Indian travellers can bring duty-free gold jewellery, with specific limits for males and females. Beyond these allowances, customs duties apply to additional gold.
UPI records 22.64 billion transactions in March 2026, says Department of Financial Services
Transaction value rises to 29.53 lakh crore with 24 per cent year-on-year growth in volume
22k gold rate today: Gold prices saw a slight dip on April 2, 2026, bringing welcome news for shoppers. Leading brands like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas reported lower rates for 22-karat gold.
Looking for mutual funds that beat their benchmarks in 3 years? Here are top 10
Quant Mutual Fund believes the current market situation presents a major buying chance. The fund house is increasing its investments in stocks, seeing attractive valuations. They are focusing on opportunities during market panic and euphoria. India is seen as a relative outlier amid global economic slowdown concerns.
Margins may fall 2030 bps below its current 3.1% forecast in FY27
Indian Railways has updated its rules, allowing passengers to change their boarding station up to 30 minutes before train departure. This new flexibility can be accessed online via IRCTC or offline at reservation counters. Additionally, fare deduction for cancellations has been adjusted, with a 25% deduction for cancellations between 24 and 72 hours before departure.
Central government employee unions, under NC-JCM, have urged the 8th Pay Commission to expand its questionnaire. They seek to include provisions for reviewing NPS/UPS, restoring the Old Pension Scheme, addressing pensioners' and women employees' welfare, and extending submission deadlines and word limits for comprehensive feedback.
LLP or individual ownership? Tax rules for renting out commercial property explained
NFOs : 5 mutual funds and 1 SIF are open for subscription. Check dates and key details
Why RBI is clamping down on FX arbitrage
The rupee is expected to benefit from the measures as the unwinding of arbitrage positions would spark a bout of heavy dollar sales in the onshore market
REITs are for steady income. SM REITs are for higher returns. What should you go for?
Bank holiday today for Hanuman Jayanti 2026: Are banks open or closed today on April 2, 2026?
Bank customers are confused about operations on April 2, 2026. Banks are open nationwide for Hanuman Jayanti. Closures are limited to Keralam for Maundy Thursday. This information clarifies bank availability for the public. Many regional holidays affect bank schedules in April 2026.
Q4 Business Updates Live, April 02: Catch our live updates
Nearly 176 debt funds offer returns over FDs in 2 years. Should investors rethink allocation?
SBI has increased fixed deposit rates. However, many debt mutual funds are providing better returns. Investors are now comparing these options. Experts advise choosing based on risk appetite and investment goals. Debt funds can offer higher returns but involve some volatility. Fixed deposits offer guaranteed returns and stability.
Will EPF interest rate rise to 10%? Central government clarifies stance on rate hike and feasibility
The government has stated it has not received formal requests from labour unions to raise the Employees Provident Fund interest rate to 10%. The current EPF interest rate stands at 8.25%, last revised in FY 2022-23. The Labour and Employment Minister clarified the interest rate determination process.
Gold, silver ETFs slip up to 4% as Trump signals tougher action on Iran. Whats next for investors?
Silver and gold ETFs experienced significant drops of up to 4% on Thursday following U.S. President Trump's indication of continued military action in Iran. This geopolitical tension, coupled with rising crude oil prices and a stronger dollar, pressured precious metal prices on the MCX, with several ETFs seeing substantial declines.
Bought a flat but parking too small and far away? Homebuyer filed case but lost in RERA; heres why
A homeowner's plea for a better parking spot was dismissed by Punjab RERA. The complainant argued his allotted space was too small and far from his apartment. He also claimed unequal distribution of parking. RERA ruled against him, stating he accepted possession without protest and the builder followed approved plans. Certificates were issued.
Mutation and bank loan dont prove land ownership: Why HC denied ancestral land claim
The Andhra Pradesh High Court denied an ancestral land claim despite possession and mutation, emphasizing that revenue records like mutation and bank loans do not prove ownership. The court ruled that establishing lawful title through registered deeds or legally recognized documents is crucial, not just lineage or long-term possession.
Want regular and reliable income in retirement? Heres how G-Secs can help you
Government Securities (G-Secs) offer retirees a safe, predictable income, but a G-Sec-heavy strategy alone can be eroded by inflation. Experts advise a balanced approach, with allocation varying by retirement age. Bond laddering and selective diversification can enhance returns and manage risks effectively.
Axis Bank launches registered mobile number update journey via Aadhaar Face Authentication
This newly launched solution allows customers to update their registered mobile numbers digitally, anytime and anywhere, through a secure three step Aadhaar Face Authentication journey
RBI tightens rules governing FX derivatives to curb wild swings and depreciation of the Rupee
RBI tightens forex rules to stabilise plunging rupee amid volatility
India Incs credit quality in FY27 expected to be broadly stable but cautious: Rating agencies
Rating agencies flag moderation in credit ratios and rising geopolitical uncertainty overall
RBI says 98.45% of 2,000 notes returned since withdrawal
The total value in circulation has dropped sharply, though the notes continue to remain legal tender.
The secret to true multibaggers: Somil Mehtas investing thesis for disciplined trading
Salaried employees face new Tax Deducted at Source rules from April 1, 2026. The new financial year brings revised tax calculations and compliance requirements. Employees must inform employers if they wish to opt for the old tax regime. Higher standard deductions and increased tax-free benefits are introduced. Choosing between tax regimes depends on individual deductions and salary structure.
CBI files fourth case against Reliance Communications in 3,750 crore LIC fraud
The case stems from LICs investment in company bonds, with allegations of fund diversion, false representations, and financial irregularities flagged in a forensic audit
Mutual funds may have deployed Rs 80,000 crore in March crash: Report
Mutual funds deployed an estimated Rs 80,000 crore into equities during the March market crash, significantly reducing their cash holdings, as they stepped in to counter heavy FII selling. The buying came amid an over 11% market correction and rising crude oil prices linked to the Gulf crisis, highlighting a strong inverse relationship between oil prices and Indian equities.
Gold prices experienced unusual volatility during the Iran-Israel conflict. Initially surging, gold later dropped significantly as geopolitical tensions eased and inflation fears rose. Axis Mutual Fund decoded this behavior, citing unwinding leveraged positions, Middle Eastern surplus shifts, and liquidity concerns as key drivers.
New PAN card application forms are now in effect under the Income-ax Act, 2025, with category-specific forms replacing the Aadhaar-only option. Mandatory PAN quoting has expanded for high-value transactions, including significant cash deposits and property deals, making compliance crucial for taxpayers.
Planning a 3-year investment in commodity ETFs? Check these top 5
Five big changes in Form 16, which is replaced by Form 130, that every salaried employee must know
Form 16 will be renumbered as Form 130 under the Income Tax Rules, 2026, effective from April 1, 2026. This change introduces a Tax Year concept, enhances taxpayer and employer details for digitized reporting, and requires disclosure of tax deduction rates. The shift is primarily structural, aligning with the new Income-tax Act, 2025.
Corporate credit profile resilient in FY26 with higher rating upgrades: ICRA
Indian companies showed strong financial health in 2025-26. Rating upgrades outnumbered downgrades, indicating robust balance sheets and steady demand. Policy support also played a key role. While external risks have eased, the West Asia crisis poses new challenges. Geopolitical events and global trade will be closely watched for credit quality in the upcoming fiscal year.
Gold prices are on the rise as the new financial year begins. Major jewellery brands and the IBJA reported higher rates for 22K and 24K gold on April 1, 2026. Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas have all seen an uptick in their gold prices. Silver prices have also experienced a significant increase.
NFO Alert: Zerodha Mutual Fund launches Nifty LargeMidcap250 Plus 813 Yr G-Sec 70:30 Index Fund
Zerodha Mutual Fund has launched the Nifty LargeMidcap250 Plus 813 Yr G-Sec 70:30 Index Fund, a hybrid index fund offering exposure to Indias top 250 equities and government securities in a single, passively managed vehicle. The NFO is open until April 15, after which the scheme will reopen for continuous sale and repurchase within five business days of allotment.
Is UPI down? SBI, UCO Bank, other bank users report payment issues
SBI UPI down: Downdetector shows a steep jump in the number of complaints, including over 500 payment issue-related complaints reports for State Bank of India.
Gifting property? 45 lakh rule may trigger tax noticecheck if youre at risk
The Central Board of Direct Taxes has introduced new forms for correcting PAN card details. These forms, PAN CR-01 for individuals and PAN CR-02 for non-individuals, will be effective from April 1, 2026. Both online and offline submissions are permitted. Applicants must provide correct PAN details and a copy of their PAN card. Aadhaar is mandatory for most applicants.
The Income Tax Department has launched a revamped e-filing portal to support the transition to the new Income Tax Act, 2025. Taxpayers can now make payments and file forms under both old and new tax laws from a single platform, with new forms and challans available from April 1, 2026.
10 must-do financial tasks you need to complete in new financial year (FY 26-27)
Financial tasks: Proactive financial planning, from retirement savings to KYC updates and nominee details, ensures a smoother year ahead.. The new financial year offers a prime opportunity to organize your finances.
New financial year brings significant mutual fund reforms. Expect revised GST, introduction of life cycle funds, and discontinuation of children's and retirement schemes. Equity funds can now invest in gold and silver, while stricter rules apply to thematic funds. These changes aim to boost transparency and investor protection.
MF Tracker: Can Mirae Asset Large Cap Fund extend its strong run? Heres what investors should know
Mirae Asset Large Cap Fund has a strong history of positive returns. However, recent performance indicates a slowdown. The fund has struggled to consistently outperform its peers and benchmark over shorter periods. Experts suggest large-cap funds remain a core part of equity portfolios for stability. Investors should consider their risk appetite and goals.
Silver and gold ETFs rally up to 6% on Iran-US de-escalation hopes. What should investors do?
Silver and gold ETFs saw significant gains on Wednesday. A weaker dollar and easing geopolitical tensions boosted investor sentiment. Gold prices edged up, while silver experienced a slight dip. Experts suggest this consolidation offers an attractive entry point for long-term investors. Rising fuel prices and gold rates create an inflationary environment.
Best mutual fund SIP portfolios to invest in April 2026
ETMutualFunds' best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 while creating these portfolios. Take a look at our recommended portfolios.
New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explained
New income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act. Expect revised TDS/TCS rules, updated ITR filing deadlines, and changes to buyback taxation. Key benefits include expanded HRA exemptions and increased meal card tax benefits, aiming for a simpler tax regime.
Not happy with your health insurer? How portability helps you switch without losing benefits
Feeling let down by your health insurance? Portability allows you to switch providers without losing benefits like waiting period credits and no-claim bonuses. Understand the rules and benefits to ensure a smooth transition to a better policy when it's time for renewal.
BPCL Share Price Live Updates: BPCL's stock shows troubling monthly returns
Dr Reddys Share Price Live Updates: Dr. Reddy's Laboratories records a monthly loss
Nestle India Share Price Live Updates: Nestle India experiences a decline in returns
The Income Tax Department has clarified a new 12% surcharge on capital gains from share buybacks, specifically for promoters. This change, part of the Finance Bill 2026, impacts promoters' additional income tax. Non-promoter shareholders will continue to be taxed under normal surcharge provisions based on their income. This move standardizes tax treatment for buyback transactions.
Banks across India will observe closures on April 1 for annual account closing. While branches may be shut, digital banking services like ATMs and UPI will operate normally. Several other holidays are also scheduled for April 2026, impacting banking operations in various states. Customers are advised to check specific bank schedules.
How will Middle East tensions impact Indias debt market?
Geopolitical tensions are driving up crude oil prices, impacting India's bond yields and weakening the rupee. This inflationary pressure is causing mark-to-market losses, especially in long-duration debt funds. Investors with longer horizons can weather short-term dips, while those with shorter goals should opt for less volatile funds. Patience is advised before increasing gilt fund exposure.
Red tide in equity funds: Only a few stay afloat
Equity mutual fund returns have faced significant pressure over the last year, with most categories experiencing value erosion. Large-Cap, Flexi-Cap, and Focused Funds saw category averages decline between 3.5% and 4.3%. While Small-Cap funds struggled, Mid-Cap funds demonstrated relative resilience.
RBI continues with its Nov 2025 trade relief measures
RBI extends November 2025 trade relief measures, benefiting exporters with longer timelines for export value repatriation and credit.
GST waiver, tax benefits push up entry-level health insurance cover sizes
Improved affordability is encouraging both new buyers and existing policyholders to opt for higher coverage, upgrade plans, and add riders, reflecting growing awareness about adequate health protection
Fintech firm Bachatt raises $12 million in funding round led by Accel
The company plans to use the fresh funds to scale up its savings solution and build new AI-led wealth and credit solutions for its growing user base
Piramal Finance AUM crosses 1 lakh crore, eyes microfinance acquisition
Piramal Finance plans to diversify beyond home loans into microfinance and gold loans, aiming to reach Rs 1.5 lakh crore AUM by March 2028, while maintaining a cautious approach amid global uncertainties
RBL Bank plans to open 200 branches in FY27
With an eye on Non-Resident (NR) business, the Bank has opened 13 of the 23 new branches in Keralam, in view the states large NR population and strong remittance-led banking potential
DA hike delay: Will central government raise dearness allowance in first week of April?
Central government employees and pensioners are awaiting the January 2026 Dearness Allowance (DA) and Dearness Relief (DR) hike announcement. Despite expectations ahead of Holi and a late March cabinet meeting, no decision has been made. Experts suggest administrative complexities related to the 8th Pay Commission and fiscal balance calibration are causing the delay, with an announcement likely in early April.
April 2026: Indian banks will be closed on several days in April 2026. These closures are for yearly account closing and various regional festivals. Customers should check local holiday lists before visiting branches. Specific holidays include Maundy Thursday, Good Friday, and Dr Babasaheb Ambedkar Jayanti.
Gold rate prediction: Gold prices experienced a slight increase on March 31, 2026, with 22K gold rates rising across major jewelry brands like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas.
Want Rs 50,000/month after retirement? Here are some investment strategies & corpus to consider
NBFCs continue to dominate CP issuances in March; CD borrowings may moderate in FY27: Ind-Ra
Non-banking financial companies actively tapped the commercial paper market in March, driven by year-end funding needs, while corporates adopted a cautious approach due to high borrowing costs and ample internal funds. This trend is expected to continue. Bank certificate of deposit issuances remained stable, suggesting easing short-term funding pressures in the banking sector.
The 8th Pay Commission will visit Dehradun on April 24, 2026, to consult stakeholders on pay and allowances. The commission, formed in November 2025, has invited suggestions from employees, pensioners, and unions via email by April 10, 2026. The deadline for submitting views and questionnaire responses is April 30, 2026.
Top FD interest rates: This bank has raised its fixed deposit rate to 8.1%. Check other best rates
Suryoday Small Finance Bank has revised its fixed deposit interest rates, effective March 29, 2026. Customers can now earn up to 8.10% per annum on a special 30-month FD, with senior citizens receiving an additional 0.15% interest. Deposits are insured by DICGC up to Rs 5 lakh.
Actress Malaika Arora Khan has rented out her Bandra West apartment for a monthly rent of Rs 3.1 lakh, with a total lease value of Rs 1.17 crore over three years. The deal, registered in March 2026, highlights the premium rental trends in the upscale Bandra West area, known for its luxury living and excellent connectivity.
Setting return expectations in mutual funds? Here is what investors need to know
Setting realistic return expectations is crucial for mutual fund investors, especially in volatile markets. Experts highlight that returns cannot be guaranteed, and AMFIs indicative ranges should only be used for planning. Investors should align expectations with goals, risk appetite and time horizon, rather than chasing fixed or past returns.
Salaried employees may face an additional Rs 62,400 in income tax if they engage in tax harvesting with a Rs 12.75 lakh salary. This occurs because long-term capital gains, though exempt up to Rs 1.25 lakh, push total income above the Rs 12 lakh threshold, disqualifying them from the Section 87A tax rebate.
Planning to invest in smallcaps? These top 5 funds deliver 28%+ annualised returns in 3 years
Top small-cap mutual funds have delivered over 28% annualised returns in three years, attracting investors seeking high-growth opportunities despite higher risk.
April 1, 2026 rule changes: PAN, SBI credit card cashback, FASTag, ATM withdrawalscheck list
Major financial and banking rule changes are coming from April 1, 2026. SBI Card, NHAI FASTag, and RuPay debit card lounge access will see revisions. PAN card applications will require additional documents. Digital payment transactions will need two-factor authentication. New income tax rules also take effect. These changes will affect many users.
5 equity mutual funds offer over 21% annualised return on SIP investments in 10 years. Check details
Rupee under pressure? Baroda BNP Paribas Aqua FoF offers a global growth hedge
Investors are exploring global equity markets for diversification and growth, especially with the Indian rupee facing pressure. The Baroda BNP Paribas Aqua Fund of Fund offers dual benefits: exposure to international equities and potential gains from currency depreciation. This thematic fund focuses on the water value chain, providing geographical diversification and reducing reliance on domestic market cycles.
You've heard of SIPs. SIFs are what serious investors use when markets get ugly
Your degree won't save you but these 4 skills might keep AI from taking your job
ITR filing 2026: Government releases ITR forms for AY 202627; check details of ITR-U and ITR-V
New Income Tax Return forms are now available for Assessment Year 2026-27. The updated ITR-U form allows taxpayers to correct past filings. This updated return can be filed for up to four years. Penalties apply based on the filing timeline. The ITR-V form serves as verification for filed returns.
RBI also issues clarification regarding acquisition finance by banks by including mergers and amalgamations and restricting it only to acquiring control over a non-financial target company
Nippon India Taiwan Equity Fund emerged as the top-performing mutual fund of FY26, delivering over 171% returns, driven by a strong semiconductor and AI-led rally. Experts caution against chasing past performance, advising investors to treat it as a high-risk satellite allocation within a diversified global portfolio.
ITR filing season starts: Income Tax Return forms ITR-1, ITR-2, ITR-3 and others notified
The government has released income tax return forms for AY 2026-27, allowing taxpayers to file by July 31, 2026. However, ITR-1 is not for everyone. Individuals with business profits, short-term capital gains, certain long-term capital gains, income from multiple house properties, or specific 'other sources' income like lottery winnings cannot use this simplified form.
The Reserve Bank of India instructed agency banks to remain open on March 31, 2026, a public holiday for Mahavir Jayanti in several states. This directive ensures all government receipts and payments are accounted for within the 2025-26 financial year. Only government-related transactions will be permitted on this day.
Rupee slide: $100 million NOP limit should be imposed only on banks trading book, say SBI economists
They call for Operation Twist that pushes up the short-term yield while sobering the yield on long term papers
Rupee faces volatile trading, swings 170 paise intra-day
The Rupee experienced volatile trading, swinging 170 paise intraday, closing at a record low of 94.83 against the Dollar.
Why diversification and discipline matter more than market timing
Markets have shown that conviction can be quickly humbled, with equities, gold, and debt all experiencing volatility. A binary approach to investing proves detrimental, highlighting the benefits of multi-asset allocation. This strategy offers diversification and balance, not extreme returns, by combining assets with different responses to market conditions.
