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RBI to re-start issuing fresh licences for setting up Urban Co-op Banks
Only existing multi-state Credit Co-op Societies with at least 10 years of operations, having a deposit size of at least 10,000 crore and minimum net worth of at least 300 crore are eligible to apply
No proposal to close concessional swap facility for FCNR(B) deposits before deadline: RBI
Central bank expects healthy inflows into FCNR (B) deposits going forward
RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
Malhotra says polymer currency notes have lasted for over 30 years in some jurisdictions and will come in handy, especially for the lower denomination notes which have high velocity
A Nagpur woman who lost Rs 6.93 lakh in a FedEx parcel scam won a consumer court case against ICICI Bank. The commission ordered the bank to refund the remaining amount with 9% interest and pay Rs 35,000 as compensation. Here's how she won the case.
8th Pay Commission latest news: Employee groups are urging the 8th Pay Commission to raise annual increments significantly. They suggest increasing the rate from three percent to at least five percent. Some organizations propose an increment of six percent annually for employees. Other federations are advocating for a seven percent annual increment rate. This change could substantially boost gross salaries for central government staff.
While there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as merchant discount rate (MDR) charges on UPI payments above Rs 2000. So, does this mean that the proposal will directly impact you? First understand what MDR is.
Is UPI becoming chargeable? Heres what you need to know
A Bill tabled in the Lok Sabha has led to speculation around MDR on UPI. Expert opinion suggests charges on UPI may not be on the cards
Sovereign Gold Bond investor alert: Check August 2026 SGB premature redemption calendar and schedule
For those invested in Sovereign Gold Bonds, early redemption for select tranches is possible from August 2026. This opportunity arises five years post-issue. Investors should ensure they submit their redemption applications within the stipulated timelines, as the redemption value will reflect gold prices from the previous three working days. Missing the submission period could mean a denial of the premature redemption option.
Invesco India Smallcap among top 9 smallcap funds with highest risk-adjusted returns. Check details
Smallcap mutual funds with Sharpe ratios above 0.70 have delivered strong risk-adjusted returns over the past three years. Bandhan Small Cap Fund topped the list, followed by ITI, Invesco India, and others, according to MF Screener.
Can NRI open PPF account in India?
PGIM India Mutual Fund temporarily suspends SIPs and STPs in 3 international funds
PGIM India Mutual Fund is implementing a temporary suspension of systematic investment plans (SIPs) and systematic transfer plans (STPs) for three of its international funds. This action will commence after the cut-off time on August 7, 2026. The fund house has attributed this suspension to adherence to the overseas investment limits set by regulatory authorities. However, current redemptions and withdrawal options will remain unaffected.
Looking to start an SIP in August? Here are mutual fund picks for aggressive investors
On Wednesday, August 5, 2026, gold prices surged, catching the attention of both buyers and investors alike. Tanishq and Malabar Gold & Diamonds, two prominent names in the jewellery industry, announced increased rates across their collections. According to the Indian Bullion and Jewellers Association, both gold and silver witnessed considerable gains, indicating a remarkable shift in the market for precious metals.
Nifty can rally to 28,615 by this December in Axis bull case scenario. Heres why
Axis Direct expects the Nifty to climb to 28,615 by December in its bull-case scenario, driven by a revival in private capex, resilient domestic demand and improving earnings. The brokerage remains overweight on BFSI, healthcare and capital goods, while cautioning that global risks and elevated valuations could trigger near-term volatility.
RBI proposes to rationalise interest rate framework to boost transparency, consumer protection
For better transparency, RBI directed banks to switch to external benchmarks like repo for loans from the earlier Marginal Cost of Funds framework in 2019
Retirement calculator: How a large age gap between your children could derail your retirement plans
REITs are not fixed income: Radhika Gupta explains why they belong in the equity bucket
REITs are often mistaken for fixed-income products, but Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, explains why they belong to the equity asset class. She highlights that REITs have lower volatility than equities but remain equity investments due to their risk-return profile. Gupta also explains why investors should view REITs as a diversification tool, not a debt substitute.
RBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to harmonize guidelines and address operational aspects of current lending rate benchmarks. The proposed changes will standardize market practices concerning interest charging and benchmark reset dates. These measures intend to improve transparency and strengthen monetary policy transmission across the system.
Wife got tax notice as she claimed Section 54F tax exemption by purchasing her husbands own Mumbai property for Rs 7.5 crore; ITAT Mumbai rules that a property transaction between spouses does not become sham merely because they are related. Know how she won the case in ITAT Mumbai.
RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?
RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This decision allows many borrowers to continue enjoying current low home loan interest rates. However, rising retail inflation and potential rate hikes may lead to higher interest costs soon. Homeowners can explore prepayment and refinancing options to manage future loan expenses. These strategies can help reduce overall interest paid and shorten loan tenures.
Will FD investors get higher rates as RBI holds rate?
$25 billion FII comeback? HSBC explains why foreign money may return to India
HSBC says India could attract up to $25 billion in foreign equity inflows if underweight global emerging-market funds restore allocations to neutral. Improving earnings, resilient domestic demand and lower relative volatility strengthen the case, with the brokerage favouring financials, autos, retail, hospitals and select industrial stocks
RBI MPC seen maintaining status quo on rates as easing inflation, strong growth support pause
Analysts are anticipating the central bank to retain its 'neutral' policy stance amid easing inflation, resilient economic growth and comfortable external sector indicators
Best large cap mutual funds to invest in August 2026
According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.
Electric cars between 14 lakh and 34 lakh: Compare top mid-range EVs in India for 2026
AI is creating new ways to earn money online in 2026: Here's how to cash in
BSE shares in focus after Q1 net profit soars 62% YoY to Rs 874 crore. Should you buy, sell or hold?
BSE reported a 62% rise in Q1 profit compared to the previous year. Revenue from operations increased by 63%, underlining strong financial performance. Contributions from investment income further enhanced this success. Analysts highlighted varied target prices, affected by regulations on trading volumes. Though the stock's short-term performance is mixed, it signals potential for significant long-term growth.
RBI MPC Meeting Live Updates: Will the RBI keep repo rate unchanged?
The repo rate has been unchanged in the last 3 RBI Monetary Policy meets and the neutral stance has been maintained since June 2025 in the past 7 RBI MPC meets
Saregama India among 4 stocks closed above VWAP, signalling bullish shift
On August 4, four stocks in the Nifty500 closed more than 2% above their Volume Weighted Average Price (VWAP), according to StockEdge's technical scan data. A close above the VWAP is considered a bullish signal, indicating stronger buying momentum during the session and the potential for further upside.
Tata Consumer Share Price Live Updates: Tata Consumer Stock Analysis
Hindalco Share Price Live Updates: Hindalco's Price Movement Today
Bharti Airtel Share Price Live Updates: Bharti Airtel's Stock Behavior
BPCL Share Price Live Updates: BPCL Price Update
Titan Company Share Price Live Updates: Titan Company Stock Details
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ reports minimal price change
IndusInd Bank Share Price Live Updates: IndusInd Bank Shows Strong Market Performance
Homebuyers lost allotted parking space as
Negative Breakout: These 8 stocks cross below their 200 DMAs
Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock.
Why multi-asset funds are becoming investors' go-to choice
Multi-asset funds are becoming core holdings for investors seeking diversification. These funds invest across equity, debt, and precious metals, offering active management. Their popularity is growing as fund managers make allocation decisions for investors. Higher returns over the past year are attributed to gold and silver allocations. Taxation varies based on equity exposure and holding periods for investors.
Baroda BNP MF names Madhu Nair as new CEO
Madhu Nair has been appointed the new chief executive officer of Baroda BNP Paribas Mutual Fund. He will succeed Sanjay Grover, who served as interim CEO since August 2025. Nair brings extensive experience from various sales and distribution roles in the mutual fund industry. Baroda BNP Paribas Mutual Fund is a joint venture between Bank of Baroda and BNP Paribas.
Experts advise caution as CAS fuels arbitrage fund NAV volatility
Arbitrage fund net asset values saw a significant daily surge after the NSE introduced a closing auction session. Fund managers noted these movements were valuation effects and likely temporary. The new system introduces execution and hedging challenges for arbitrage strategies. Investors are advised against short-term trading and encouraged to extend holding periods. The market is expected to stabilize as participants adjust to the new mechanism.
RBI MPC Meeting Highlights: RBI cuts repo rate by 25 bps to 5.25%, maintains neutral stance
RBI MPC 2025, RBI Monetary Policy Meeting Outcomes, RBI MPC Meeting December 2025 News & Highlights: Here are the major live updates related to the latest bi-monthly RBI Monetary Policy Committee meeting.
ESAF Small Finance Bank eyes 1 lakh cr total biz of by 2030
Bank chief outlines universal bank plans
IRDAI tells insurers to mobilise resources for speedy settlement of Assam flood claims
The insurers have been advised to communicate the nomination of a Senior Executive to the Chief Secretary immediately
UGRO Capitals GROx platform disburses 1,853 crore in Q1FY27, crosses 3.4 lakh active customers
GROx AUM reached 3,003 crore on June 30, 2026, a 32% increase from 2,280 crore in March 2026 and nearly four times higher than five quarters ago
Aditya Birla Health Insurance hopeful of increasing market shares in both retail and group segments
The company is planning to have tie-ups with more digital platforms to reach out to more young customers, Aditya Birla Health Insurance CEO Mayank Bathwal said
SC extends mandatory third-party insurance to four years for new cars, six years for two-wheelers
The direction extends the existing mandatory insurance period by one year for both categories of vehicles
Ionic Wealth rolls out AI tool for personalised mutual fund portfolio analysis
The feature syncs an investors data from Mutual Fund Central with Ionics internal market, macroeconomic, and asset class knowledge
10 lakh investment plan: Find the right equity, hybrid and debt allocation for your financial goals
Institutional investors over-subscribe LIC OFS, govt opts for green-shoe option
The government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amounting to an impressive Rs 36,400 crore received on Tuesday. The government is offloading a 6.5 percent stake in the leading insurer to fulfill regulatory public shareholding mandates sooner than anticipated. Retail investors will have the opportunity to engage in this offer beginning Wednesday.
TVS Motor Company among 7 stocks hitting 52-week highs; surge up to 20% in a month
Despite the Sensex ending lower, eight BSE 100 stocks, including Pidilite Industries, TVS Motor and Bajaj Auto, hit fresh 52-week highs, reflecting strong momentum and sustained investor interest.
For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest rates for tenures ranging from three to five years, Punjab National Bank currently leads with an attractive 6.50% rate on select five-year deposits. Meanwhile, HDFC Bank and ICICI Bank also showcase appealing rates for extended FCNR(B) deposits.
25K wage ceiling may increase EPS pension by 67%
125% house price rise in Noida: Check for your city
TRUSTMF Small Cap Fund among 7 mutual funds to deliver over 20% return in 1 year
Just seven equity mutual funds delivered returns above 20% over the past year, led by TRUSTMF Small Cap Fund at 28.16%. Most top performers were smallcap funds, alongside focused, value, and midcap categories.
How resident Indians can invest in US stocks, ETFs and global mutual funds via GIFT City | Explained
These 5 midcap mutual funds had maximum mid and small cap exposure in June. Check details
Here is the detailed exposure of the top 5 mid-cap funds with maximum mid & small cap exposure in June, as reported by ET Wealth.
NFO Alert: Jio-BlackRock enters India's ETF market with Nifty50 fund
JioBlackRock Mutual Fund has launched its first exchange-traded fund, the JioBlackRock Nifty 50 ETF, marking its entry into India's fast-growing ETF market. The NFO is open until August 11. The passive fund will track the Nifty50 Index, offering investors exposure to India's 50 largest listed companies through a single investment and broad participation in the country's equity market.
Gold rate today: 24k vs 22k vs 20k vs 18k
The Expenditure Department has granted approval to increase the EPF wage ceiling to Rs 25,000, aiming to expand mandatory provident fund and pension plans to more employees.
RBI seen holding rates as inflation risk stay in focus
The committee is also likely to retain a neutral stance, with inflation remaining within the RBIs 2%-6% tolerance band and Malhotra signalling policymakers would act only if price pressures become more broad-based
MCX, Radico Khaitan among 4 common stocks held by 5 top-performing smallcap funds
The five top-performing small-cap funds over the past year shared four common stocks in their portfolios as of June 2026, according to ACE MF data.
Can my wife transfer flat to our son via gift deed?
ET Wealth Reader's Query: I own a 2-BHK flat and my wife is a joint owner. We have two children, who are settled abroad. After my death, the housing society will transfer the flat to my wife, based on nomination and my will (unregistered). After the transfer, can she sell the flat without a no objection certificate (NOC) from our children? If she doesnt sell it, can she transfer it to our son via a gift deed without an NOC from our daughter?
Quant MF ups IT exposure as sector enters neglected territory; sees crude correction
Quant Mutual Fund has raised its exposure to IT services over the past two months, viewing the sector as increasingly neglected and offering attractive opportunities. Its predictive analytics model also expects crude oil prices to gradually decline over the coming months, which the fund house believes could support Indian equities.
Godfrey Phillips shares jump 7% as Samir Modi seeks peace with mother Bina Modi
Godfrey Phillips India shares jumped as much as 7% after Samir Modi said he would withdraw all legal cases against his mother, Chairperson Bina Modi, signalling a possible end to the family's long-running succession dispute. Investors welcomed the move as it eased corporate governance concerns surrounding the cigarette maker.
GE Shipping shares rally 9% as Q1 net profit surges 160% YoY, revenue up 67%
GE Shipping shares rallied sharply on Tuesday after the company reported a 160% year-on-year jump in Q1FY27 net profit and a 67% rise in revenue. The shipping major also announced an interim dividend of Rs 14.40 per share, while improving fundamentals and positive technical indicators supported investor sentiment.
Ashika Global Securities net up 15%, plans 1000 cr fund raise via QIP
Board also approved plans to raise 1,000 crore through a Qualified Institutions Placement, subject to shareholders and regulatory approval.
MF Tracker: Bandhan Small Cap Fund tops 3-year returns. Can the outperformance continue?
Bandhan Small Cap Fund leads three-year returns with 25.35 percent gains. Stock selection drove this outperformance, according to expert analysis. The fund has consistently beaten its category average over time. Investors should consider risk and long-term strategy for investment decisions. Current market conditions offer a good entry point for patient investors.
Top 10 mutual funds to invest in August 2026
New investors often seek top mutual fund schemes for their investments. This article presents ten recommended schemes across five equity categories. It explains the suitability of each fund type for different investor profiles. The selection methodology considers rolling returns and consistency over three years. Investors should align fund choices with their objectives and risk tolerance.
Filed your ITR? Here's how to check for notices and avoid costly penalties
LinkedIn's 2026 report: 9 fastest-growing jobs that don't need you to be an AI maven
NPCI explains how scammers target your money; shares tips to protect your bank account, UPI
Asian Paints Share Price Live Updates: Asian Paints Dividend Updates
Adani Ent Share Price Live Updates: Adani Ent. News
UltraTech Cem Share Price Live Updates: UltraTech Cement's Current Price
TCS Share Price Live Updates: TCS Trading Update
Bajaj Auto Share Price Live Updates: Bajaj Auto's Current Trading Status
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's Daily Performance
Tata Motors PV Share Price Live Updates: Tata Motors PV Sees Minor Decline
A life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The consumer commission ordered the insurer to refund this initial premium payment. This decision prevented unjust enrichment by the insurance company. Policyholders must pay premiums on time to maintain active life cover.
Selling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax reduction opportunities through reinvestment and documentation. Agricultural land taxation depends on its location, with rural land generally exempt from tax. Listed shares and mutual funds have specific tax treatments and exemptions for long-term gains. Careful planning and seeking expert advice are crucial before selling any Indian asset.
Govt to offload 6.54% in LIC, likely to get over 31,000 crore
Based on the floor price, it is expected to generate over 31,000 crore for the government, marking the largest OFS proceeds to date
Private banks top FCNR (B) deposit drive led by ICICI, HSBC; SBI No. 1 PSB
The scheme aims to attract stable foreign currency inflows, strengthen Indias balance of payments, bolster forex reserves and support rupee stability
Monisha Chakraborty named RBI Executive Director; to oversee forex and financial markets departments
A career central banker with over 30 years experience, Chakraborty previously served as Chief General Manager, Department of Supervision
Sundaram Finance consolidated net profit up 34 per cent in Q1 FY27
Total disbursements grew by 22 per cent to 8,947 crore
SBI Pension Funds crosses 6 lakh crore in AUM
Managing Director and CEO Pranay Ranjan Dwivedi attributed the growth to subscriber trust and a long-term investment discipline
Financial services landscape undergoing a fundamental shift: JFSL chief
KV Kamath says era of traditional moats being challenged
HDFC Bank launches new savings accounts for senior citizens, women: Check features and benefits
HDFC Bank introduced two new savings accounts for specific customer groups. The Special Senior Citizen Savings Account offers security and doorstep banking services. Women can avail the SavingsMax Account with lifestyle and health benefits.
