The government has decided to keep interest rates on small savings schemes unchanged for the second quarter of the fiscal year 2025-26 (July 1 to September 30, 2025). This marks the sixth consecutive quarter of stable rates, reflecting government confidence and providing reassurance to investors. These schemes include: Public Provident Fund (PPF) Sukanya Samriddhi Yojana … Read more
Jinkushal Industries Limited’s IPO was fully subscribed within about two hours on its first day. According to NSE data, by 12:10 pm, the IPO had received bids for over 67 lakh shares, which equals the total offer size. Retail investors showed the most interest, subscribing 151% of the shares reserved for them. Non-institutional investors (NIIs) … Read more
Jio-BlackRock Mutual Fund has introduced its first active equity scheme – the Jio BlackRock Flexi Cap Fund. Subscriptions are now open and will close on October 7. The fund will reopen for regular sale and repurchase within five business days after allotment. This is an open-ended dynamic equity scheme that invests in large-cap, mid-cap, and … Read more
Tata Asset Management Company (AMC) has received approval from the International Financial Services Centres Authority (IFSCA) to launch the Tata India Dynamic Equity Fund – GIFT IFSC. Investors can start with a minimum of $500. This fund gives global investors an easy way to participate in India’s fast-growing equity market and the growth story of … Read more
India’s top fintech companies—PhonePe, Paytm, and Cred—have stopped offering the option to pay rent using credit cards. This step was taken after the Reserve Bank of India (RBI) issued new rules on September 15, 2025. What Do the New RBI Rules Say? RBI has introduced stricter rules for Payment Aggregators (PA) and Payment Gateways (PG). … Read more
The National Payments Corporation of India (NPCI) has made a major update to UPI payments. From September 15, the daily transaction limit for person-to-merchant (P2M) payments has been increased to ₹10 lakh. This change is meant to make large payments easier and more secure in important sectors. However, the limit for person-to-person (P2P) payments will … Read more
Groww Mutual Fund has introduced a Multi Asset Allocation Fund, an open-ended scheme that invests across different asset classes. These include shares, debt, commodities, gold, and silver. In recent years, interest in such funds has grown because they adjust investments across assets depending on market conditions. This reduces the risk—if one asset falls, the overall … Read more
A new player has stepped into the mutual fund market — The Wealth Company Mutual Fund, part of the Pantomath Group. The company has launched its first scheme called The Wealth Flexi Cap Fund. This New Fund Offer (NFO) will open on 24 September and close on 8 October. The scheme is designed to capture … Read more
Imagine going to the office early in the morning, only to be scolded by your boss in front of everyone. You might think, “I wish I had started my own business and didn’t have to deal with daily nagging. ” Starting a business can be simple, but it’s important to know which business can earn … Read more
The GST Council has announced a reduction in tax rates on consumer products such as ACs, refrigerators and small cars. These new rates will be effective from September 22. The government believes this will provide relief to customers and boost consumption during the festive season. However, experts say the real benefit will be seen only … Read more
SBI Mutual Fund has introduced a new Fund of Funds (FoF) called SBI Dynamic Asset Allocation Active FoF. This scheme allows investors to invest in multiple funds at the same time, including both equity and debt. The allocation between equity and debt will keep changing automatically as per market conditions, helping investors maintain a better … Read more