SEBI Introduces Stricter Rules for Mutual Fund Index Providers

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SEBI has introduced stricter and more transparent rules for mutual funds and index providers. The aim is to improve governance, strengthen accountability, and protect investor interests in India’s growing index-based investment market. New Rule for “Significant Index” Classification SEBI has decided that any index-based mutual fund scheme with an average Assets Under Management (AUM) of … Read more

Government Updates FDI Rules in Insurance Sector

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The Ministry of Finance, Government of India has introduced important changes to foreign direct investment (FDI) rules in the insurance sector. These updates were announced through a gazette notification on May 2, 2026. The new rules, called Foreign Exchange Management (Non-Debt Instruments) (Second Amendment) Rules, 2026, are now in effect. Their main goal is to … Read more

Invesco launches New Index Funds

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Invesco Asset Management (India) Private Limited has introduced two new index funds, giving investors a simple and low-cost way to invest in some of India’s strongest sectors. The company has launched the Invesco India BSE Sensex Index Fund and the Invesco India Nifty Bank Index Fund. These funds are ideal for investors who want to … Read more

Credit Card Late Fee Rule Changed

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There is some good news for credit card users. The Reserve Bank of India (RBI) has introduced a new rule that could reduce the stress of missing a payment deadline. Under the upcoming change, a small delay in paying your credit card bill will not lead to an immediate penalty. This move is expected to … Read more

Govt issues Alert on Wallet Scams (Check Safety Steps)

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In today’s digital world, digital wallets and cryptocurrencies are becoming more popular than ever. But with this convenience comes a serious risk. Cybercriminals are now targeting users in smarter ways, and one wrong move can empty your wallet within seconds. India’s cyber security agency, Indian Cyber Crime Coordination Centre, has issued a fresh warning about … Read more

Invesco Launches Two New Index Funds

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Invesco Mutual Fund has introduced two new investment options for investors looking to grow their money in a simple and low-cost way. These are the Invesco India BSE Sensex Index Fund and the Invesco India Nifty Bank Index Fund. Both are passive funds, which means they simply follow well-known market indices instead of trying to … Read more

RBI plans UPI Wallet Access for Foreign Visitors

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The Reserve Bank of India is planning to make digital payments easier for visitors coming to India. A new proposal could soon allow foreign nationals and NRIs to use prepaid wallets during their stay. A Digital Payment Boost for Travelers Under this plan, banks and non-bank entities will be allowed to issue prepaid payment instruments … Read more