With buying activity typically rising ahead of Akshaya Tritiya, jewellers and consumer experts advise buyers to pay closer attention to authenticity checks. Gold purchases during the festival are often driven by tradition as well as long-term investment considerations. Industry participants note that the emotional significance attached to buying gold on the occasion makes it equally…
Commuters on Mumbai Metro Line 1 can now reduce their daily travel costs by turning routine online shopping into commuter savings, following the launch of a new app-based rewards feature by Mumbai Metro One. Under the system, users earn cashback on purchases made through popular e-commerce platforms such as Amazon, Flipkart, Myntra and Ajio. The…
Akshaya Tritiya is here, and many see this day as a good time to buy gold or silver for luck and future savings. Every year, jewellery shops see long lines and heavy crowds, which makes shopping slow and tiring. Choices also become limited as popular designs sell out quickly. To avoid this rush, many are…
Bajaj Life Insurance has introduced a new fund offer (NFO) — the Nifty 500 Low Volatility 50 Index Fund — for customers investing through its unit-linked insurance plans (ULIPs). The NFO will remain open from April 16 to April 30. The fund tracks the Nifty 500 Low Volatility 50 Index, which comprises 50 stocks selected…
Gold and silver have delivered strong but sharply divergent returns since last Akshaya Tritiya, with silver significantly outperforming gold even amid heightened volatility across global markets. Both metals have recovered part of their recent losses and are trading higher in April 2026 so far, though price action remains choppy amid geopolitical tensions, shifting interest rate…
Portfolio rebalancing is seen as more than a periodic portfolio check. Investors and advisors describe it as a discipline used to keep asset allocations aligned with market movements, changing risk conditions, and evolving financial goals. Rather than focusing only on fixed schedules, one should see how rebalancing is done, what prompts it, and why it…
A zero-markup buy-and-sell foreign exchange model has been introduced for Indian travellers, aiming to reduce losses typically incurred during currency purchase and reconversion of unused cash. The initiative has been launched by Niyo, through its subsidiary Niyo Forex (Kanji Forex), an RBI-licensed Authorised Dealer Category II entity. The travel fintech platform describes this as an…
AU Small Finance Bank (AU SFB) in partnership with CheQ, a credit management platform, has launched a co-branded credit card featuring an LED-powered tap-to-pay indicator. Applications for the card will open on the CheQ app from April 28. The companies said the card introduces an LED that lights up during tap-to-pay transactions, providing instant visual…
Gold and silver prices rose in Thursday’s (April 16) trade, tracking geopolitical uncertainty, currency fluctuations and broader risk-on sentiment in global equities. On COMEX, gold futures rose to $4,849 an ounce, up $25.50 or 0.53%. Silver futures climbed to around $80.68–$81 an ounce, gaining $1.05 or 1.32%. The move came as Asian equities traded higher…
Investors chasing equities amid the ongoing market rally risk making a portfolio mistake by overlooking debt funds, according to Devang Shah, Head of Fixed Income at Axis Mutual Fund, who emphasised the importance of balanced asset allocation in a volatile global environment. “There is still a lot of geopolitical uncertainty… we are still not sure…
