Visa and HDFC Bank have introduced a co-branded, limited-edition FIFA World Cup 2026-themed Pixel credit card, alongside a nationwide spending-linked rewards programme, as part of a broader partnership tied to the upcoming global football tournament. The card, issued on the Visa network, is positioned as a digital-first offering with features such as instant issuance, app-based…
With Akshaya Tritiya falling on April 19 this year, India’s jewellery industry is entering a crucial sales window, supported by a mix of cultural sentiment, price-driven caution, and a growing shift towards informed buying. Traditionally seen as an auspicious occasion to purchase gold and other assets linked to prosperity, the festival continues to anchor strong…
Investors looking to diversify beyond equities and mutual funds should consider allocating a meaningful portion of their portfolio to alternative assets, but with an understanding of their role and risks. The core principle of portfolio construction, according to Sunanda Venkataraman, Head – Business Development at WhiteOak Capital, remains balancing growth, stability and diversification. In that…
Gold and silver prices declined in domestic futures trade on Monday (April 13), tracking weakness in global markets amid a stronger US dollar and rising oil prices that heightened inflation concerns. On the Multi Commodity Exchange (MCX), gold futures were 0.78% lower at ₹1.51 lakh per 10 grams of 24-karat purity. Silver futures also slipped…
The Haryana Cabinet has approved changes to its Retirement Housing Policy, permitting higher construction in senior living projects as demand from ageing households increases. The decision, cleared under Chief Minister Nayab Singh Saini, raises the permissible Floor Area Ratio (FAR) through Transferable Development Rights (TDR) to 3.0 from 2.25 earlier. What has changed Retirement housing…
India’s retail investing landscape is defined by a shift from traditional savings instruments to market-linked products. Yet, the Public Provident Fund (PPF) continues to hold ground even as Systematic Investment Plans (SIPs) in mutual funds gain traction. Industry participants say the comparison between the two is less about choosing one over the other and more…
The Income-Tax Department has introduced an upgraded version of its TRACES (TDS Reconciliation Analysis and Correction Enabling System) portal, aiming to streamline tax compliance through a unified digital platform. The rollout coincides with the implementation of the new Income-Tax Act, 2025, which came into effect on April 1. The move reflects a broader push towards…
Gold and silver prices declined in international markets on Monday (April 13), pressured by a firmer US dollar and rising bond yields as escalating geopolitical tensions lifted oil prices and clouded the inflation outlook. COMEX gold futures fell 1.1% to $4,734.60 per ounce in the latest trade. Silver futures dropped 2.63% to $74.47 per ounce,…
The rollout of the Income Tax Act 2025 with the start of FY27 promises to make India’s tax framework significantly simpler, but the transition phase could create confusion and added compliance for taxpayers, according to Sunil Badala of KPMG in India. Speaking to CNBC-TV18, Badala said the new law does not alter the fundamentals of…
The mutual fund industry saw systematic investment plan (SIP) stoppages outpace fresh registrations in March 2026, even as inflows hit a record high—marking the first such instance in 11 months. The average stoppage ratio between May 2025 and February 2026 stood at around 75%. The trend comes amid heightened global and domestic market volatility, driven…
