The New Fund Offer (NFO) opens on April 23, 2025, and closes on April 30, 2025. Source

Aadhaar Card Update: : The eNAM scheme aims to strengthen inter-mandi and inter-state agricultural trade. Source

The new offering is available on three of HSBC’s premium credit cards — HSBC Privé, HSBC Premier, and HSBC TravelOne. Source

This facility is designed to simplify the tax payment process and is available to both registered and unregistered users. Source

Gold prices have crossed ₹1 lakh for 10 grams in Delhi on April 22. The precious metal surged amid rising demand and global economic uncertainty. Gold of 99.9% purity climbed ₹1,800 to ₹1,01,600 per 10 grams. Gold of 99.5% purity rose ₹2,800 to ₹1,02,100 per 10 grams. The spike comes ahead of Akshaya Tritiya and…

This marks the third straight year the scheme has added more than 10 million new subscribers annually. Source

Indian IT mutual funds, which invest primarily in tech companies, have managed to navigate a challenging macro environment. Source

Despite a record 51 lakh SIP closures in March amid market volatility, experts advocate for their long-term benefits, emphasising rupee cost averaging and disciplined investing. Source

These SGBs were issued on October 23, 2017, and October 23, 2018, respectively. As per scheme rules, investors can opt for premature redemption after the fifth year. Source

The fund will allocate at least 80% of its assets to government securities across maturities. It aims to offer investors a low-risk, government-backed investment option, especially suited for portfolio diversification. Source

UPI Circle allows a primary user, the UPI account holder, to authorise up to five secondary users to initiate UPI payments from their account. Source

Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM, followed by debt-oriented schemes (15.06%) and liquid schemes (13.21%), ICRA Analytics said. Source

Currently, the EPFO manages a corpus of ₹27 lakh crore and offers an interest rate of 8.25% on deposits. Source

Users who invest ₹500 or more in Paytm Gold can earn reward points. Paytm credits 5% of the transaction value as points on each eligible purchase. Source

The Income Tax Department has notified this change, which targets big-ticket items such as luxury handbags, wristwatches, designer footwear, and premium sportswear. Source

This move comes under Section 206C(1F) of the Income Tax Act. It follows the Budget announcement to widen the TCS net to include high-end items beyond just motor vehicles. Source

Overnight mutual funds are a type of debt mutual fund that primarily invests in short-term instruments, typically with a maturity period of one day. Source

This open-ended equity scheme will invest in companies that operate in or benefit from the infrastructure sector. Source

Sarbvir Singh, Joint Group CEO of PB Fintech, points out that many people in India are still unaware of what term insurance is. A recent survey found that about half of the people didn’t know the difference between term insurance and other life insurance plans. Source

The New Fund Offer (NFO) will open for subscription on April 25 and closes on May 9, 2025. Source

The revised interest rates apply to fresh and renewed deposits up to ₹10 crore. Tenure options range from 12 months to 60 months. Source

If you’re an NRI in a country with a favorable DTAA, your gains from Indian mutual funds may not be taxed in India. Here’s how Source

The PFRDA issued a circular recently, detailing new rules for such subscribers. Here’s a breakdown of what you need to know and do. Source

People buy gold on Akshaya Tritiya as it is believed to bring prosperity and mark an auspicious beginning for new investments. Source

The revised RLLR, effective from April 12, 2025, will translate into more affordable borrowing costs for customers, with interest rates on housing loans now starting at 7.90% per annum and vehicle loans at 8.20% per annum. Source

The public sector lender lowered home loan rates from 8.15% to 7.90% per annum, while vehicle loan rates were cut from 8.50% to 8.25% per annum, the bank said in a statement on Thursday. Source

Indian companies are stepping forward with support measures to help affected families and customers. Source

IDBI Bank and Ujjivan Small Finance Bank have both cut rates on select tenures while extending deadlines or modifying associated schemes. Source

An annuity is a contract with an insurance company where you pay a lump sum or a series of payments in exchange for regular payouts during retirement. Source

Other major banks have also begun slashing lending rates in response to the RBI’s easing policy. The shift is expected to encourage more homebuyers, particularly in the affordable housing segment. Source

From June 2025, cardholders will get a 1% surcharge waiver on fuel purchases ranging between ₹500 and ₹5,000. The total fuel surcharge waiver will be capped at ₹3,500 per calendar year. Source

Account holders with balances between ₹5 lakh and ₹50 lakh will now earn 4.75% per annum, down from 5%. Source

On a year-on-year basis, redemptions increased by 4.5% from ₹30,088 crore in March 2024, while inflows rose by 10.82% from ₹22,633 crore in the same period. Source

The latest feature allows users to file taxes directly through Microsoft Teams, and an Azure OpenAI-powered WhatsApp agent supports nine regional languages, helping gig-workers manage their tax refunds. Source

RBI announced the ₹9,600 redemption price for Sovereign Gold Bond (SGB) Series I (2020-21) due on April 28, 2025. Know exit options, process, and key updates. Source

The price of 24 karat gold stands at ₹98,200 for 10 grams, while 22 karat gold is priced at ₹90,010 for 10 grams, according to Goodreturns data. Source

The bond was issued at ₹4,589 per unit on April 28, 2020. The redemption price for premature redemption stands at ₹9,600 per unit. Source

Back then, gold was priced at around ₹26,936 per 10 grams for 24Kt purity. Today, ahead of Akshaya Tritiya 2025, the yellow metal is trading between ₹94,000 and ₹95,000 per 10 grams. Source

The card, denominated in US dollar, is accepted in over 200 countries and offers features designed to reduce foreign exchange costs. Source

EPFO’s updates aim to reduce delays in transferring PF accounts, benefiting the large number of employees who change jobs each year. Source

Depending on the states and regions, banks will remain closed for a number of holidays, including Buddha Purnima and Maharana Pratap Jayanti, among others, under the RBI’s holiday schedule under the Negotiable Instruments Act. Notably, scheduled and non-scheduled banks will observe public holidays on the second and fourth Saturdays, as per the Reserve Bank of…

Large Cap Funds led the performance, with 71.88% of schemes outpacing the NIFTY 50 TRI benchmark. Source

With gold prices hitting all-time highs, investors are looking for smarter, more affordable ways to own the precious metal. Source

The Fund of Fund will primarily invest in DSP Silver ETF units, providing returns that closely mirror the performance of physical silver in domestic markets. Source

Akshaya Tritiya, traditionally an auspicious time for investments, could see varied demand in the real estate sector this year. While lower EMIs from recent RBI rate cuts may encourage some buyers, rising property prices might temper overall enthusiasm in certain markets. Source

Rising tuition fees, living expenses, and fluctuating currency exchange rates are all factors that parents must keep in mind while planning for their children’s foreign education. Source

UTI Multi Cap Fund will adopt a blend strategy. It will invest in sustainable businesses, companies with strong fundamentals at reasonable valuations, and turnaround opportunities. Source

Data from the Association of Mutual Funds in India (AMFI) showed that inflows into domestic equity ETFs rose from ₹1,943.80 crore in February 2025 to ₹11,808.08 crore in March 2025. Source

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