Investments

Taxpayers should make only eligible claims as any discrepancy could lead to significant penalties and even legal action. Source

The scheme aims to provide returns in line with the total returns of the Nifty100 Low Volatility 30 Index, subject to tracking error. It does not guarantee returns. Source

These changes come in response to the recent softening of the policy rate by the Reserve Bank of India (RBI) and are aimed at enhancing customer value and supporting credit growth. Source

In India, 24 karat gold was priced at ₹98,330 per 10 grams, while 22 karat stood at ₹90,150. The price of 18 karat gold was ₹73,760, according to data from Goodreturns. Source

In many states, bank branches could not open due to high employee participation. In other areas, although officers opened branches, routine banking transactions—including cash deposits, withdrawals, and cheque clearances—were disrupted. Source

Total assets under management (AUM) climbed to ₹74.40 lakh crore in June, up 3% from ₹72.20 lakh crore in May. Source

The number of SIP accounts contributing during the month stood at 8.64 crore, higher than 8.56 crore in the previous month. Source

Experts said the inflows were supported by better valuations, broad-based market performance, and portfolio reallocations amid subdued returns from other asset classes. Source

The moderation in net outflows was supported by a recovery in several low- and medium-duration categories. Source

Inflows rose sharply from ₹291.91 crore in May. Source