If you’re a senior citizen looking for a safe way to grow your savings, a Fixed Deposit (FD) can be a good choice. HDFC Bank and Federal Bank have recently revised their FD interest rates for select tenures. Federal Bank is now offering up to 7.20% interest for senior citizens, while HDFC Bank’s highest rate … Read more
ICICI Prudential has introduced a new insurance plan designed especially for women. The plan not only provides life insurance protection but also includes healthcare and wellness benefits. It is designed to support women through different stages of life while helping meet their changing financial needs. Special Income Option for Children’s Education One of the key … Read more
West Bengal Chief Minister Suvendu Adhikari has announced financial and other benefits for 325 people who were jailed for protesting during the Emergency. The beneficiaries will receive a monthly pension of Rs 10,000, free travel on government buses and medical assistance. Speaking at a programme at the state secretariat, Adhikari said these people faced serious … Read more
A big change is coming for stock market investors and intraday traders. From August 3, 2026, SEBI will introduce a Closing Auction Session (CAS), changing how the stock market decides the closing price of shares. According to brokerage platform Zerodha, while market opening hours will remain the same, there will be important changes to market … Read more
India’s crypto market has expanded quickly in recent years, but the rules around cryptocurrencies are still not fully clear. Now, the Central Board of Direct Taxes (CBDT) has released detailed guidelines for crypto exchanges and other intermediaries on how crypto transactions should be reported under existing tax laws. The new guidance is mainly aimed at … Read more
Abakkus Mutual Fund, led by renowned investor Sunil Singhania, has launched a new investment option for investors. The company has introduced the Abakkus Large & Mid Cap Fund, an open-ended equity mutual fund that will invest mainly in India’s large and fast-growing companies. The New Fund Offer (NFO) is currently open for subscription and investors … Read more
The Association of Mutual Funds in India (AMFI) has introduced new rules to make it easier for nominees and family members to claim mutual fund units after the death of an investor. The updated process is aimed at reducing paperwork, solving common documentation issues, and speeding up the transmission of mutual fund units. The new … Read more
SEBI has announced a major relief for investors who hold mutual fund units in their demat accounts. The market regulator has now allowed these investors to set up automatic instructions for Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP). The decision is aimed at making mutual fund investing simpler and more convenient for investors. … Read more
Investors looking for long-term growth have a new option to consider. The Wealth Company Mutual Fund has launched its new Mid-Cap Fund, which aims to invest in fast-growing mid-sized companies that could become the market leaders of the future. The New Fund Offer (NFO) will open for subscription on July 15, 2026, and close on … Read more
The Union Finance Ministry has revised the pension rules by introducing two additional investment options for employees of Central Autonomous Bodies (CABs) covered under the National Pension System (NPS). According to a statement issued by the Finance Ministry on Tuesday (July 7), these employees can now choose the Aggressive Life Cycle Fund (LC-75) and the … Read more
If you’re planning to invest in mutual funds, there is some good news. Axis Mutual Fund has launched a new investment option called the Axis Nifty50 Equal Weight Index Fund. The New Fund Offer (NFO) for this open-ended index scheme opened on July 3, 2026, giving investors a fresh opportunity to invest in India’s top … Read more