Wallet

Public sector lender Canara Bank has changed the interest rates for fixed deposits (FDs) and savings accounts. The new rates came into effect on 7 August 2025 and are applicable to both general customers and senior citizens. New FD Interest Rates For callable FDs (with premature withdrawal facility) of less than ₹3 crore: General customers: … Read more

Thinking of starting a new business? You can start with low investment, without hiring staff, and still earn lakhs of rupees. An Electric Vehicle (EV) charging station is a great option. With petrol and diesel prices rising, the demand for EV charging stations is growing rapidly. This business requires less space, minimal staff, and no … Read more

Nippon India Mutual Fund has launched two new fund offers (NFOs), both focused on the manufacturing sector. These are: Nippon India Nifty India Manufacturing ETF Nippon India Nifty India Manufacturing Index Fund Both NFOs are now open for subscription and applications can be made till August 20. Why Focus on Manufacturing? These funds come at … Read more

If you want to start a small business but don’t have enough money, the PM Vishwakarma Yojana can help. This scheme by the Government of India offers loans of up to ₹3 lakh at just 5% interest, without the need for any collateral (mortgage). The main aim of the scheme is to make artisans and … Read more

The post office has finally reduced the interest rates on its savings schemes. This decision came much later compared to when the Reserve Bank of India (RBI) cut the repo rate. As soon as the repo rate was lowered, banks across the country started reducing their fixed deposit (FD) rates. To give some background, the … Read more

ICICI Prudential Mutual Fund has launched a new scheme called ICICI Prudential Active Momentum Fund. The fund was launched last Tuesday and will remain open for subscription until 22nd July. Who will manage the fund? According to the AMC (Asset Management Company), this fund aims to benefit from consistent trends in stock prices and earnings … Read more

Investors’ shareholding will increase after receiving bonus shares. Although the share price may drop slightly, the total value of their investment will mostly remain the same. The bonus shares will have a face value of ₹5, just like the existing shares. These bonus shares will be equal in number to the current holdings – fully … Read more

If you’re looking to invest in India’s fast-growing service economy, there’s a new opportunity for you. Axis Mutual Fund has introduced a new thematic equity fund called Axis Services Opportunities Fund. This New Fund Offer (NFO) is open for investment from July 4 to July 18, 2025, and aims to put money into companies that … Read more

If you have invested in mutual funds from different sources—sometimes through SIPs, sometimes in tax-saving schemes, or by putting in a lump sum amount—then over time, it can become confusing to track where all your money is invested and how much return you are getting. In such cases, your PAN number can be very helpful. … Read more

Nippon India Mutual Fund has introduced a new equity scheme called the Nippon India MNC Fund, which focuses on investing in multinational companies (MNCs). The New Fund Offer (NFO) began on 2 July 2025 and will remain open until 16 July 2025. What’s special about Nippon India MNC Fund? This is an open-ended equity scheme … Read more