Investments

In India, gold was priced at ₹9,797 per gram for 24 karat, ₹8,980 for 22 karat, and ₹7,348 for 18 karat gold, according to Goodreturns. Source

The subscription window is open from April 29 to May 13, 2025. The NCDs are issued at a face value of ₹1,000 each and offer annual yields between 9.00% and 10.00%. Source

According to sources, the demand was placed during a recent meeting between top executives from life insurance companies and the Department of Financial Services (DFS) Secretary, M Nagaraju. Source

Akshaya Tritiya, is considered one of the most auspicious days for new beginnings and wealth-building. Here’s a round-up of offers rolled out this Akshaya Tritiya. Source

In the past 10 Akshaya Tritiya periods (2016–2025), gold delivered a strong 12.3% CAGR, nearly catching up with Nifty 50’s 11.4% CAGR. During the same time, gold prices have surged 166.8%. Source

In 2024, India retained its position as the world’s largest consumer of gold jewellery, with consumption exceeding 563 tonnes. Source

The mutual fund industry recorded net inflows of ₹25,000 crore in the March quarter, with equity funds driving the trend. Source

Taxpayers, financial institutions, and government offices should take note of several important tax compliance deadlines in May 2025, ranging from TDS/TCS payments to statement submissions and certificate issuances. Here’s a consolidated view of all key dates to avoid penalties and ensure smooth reporting. Source

The scheme allows taxpayers to settle pending direct tax disputes by paying the disputed tax amount along with a specified percentage. Source

In India, 24-karat gold is priced at ₹97,910 per 10 grams, while 22-karat gold stood at ₹89,750 per 10 grams, according to GoodReturns data.  Source