Mutual fund SIP inflows rose in March, extending the steady momentum in systematic investments even as broader industry assets saw volatility, according to AMFI data. SIP inflows stood at ₹32,087 crore in March, up from ₹29,845 crore in February, marking a month-on-month increase of around 7.5% or ₹2,242 crore. The rise in SIP contributions came…
Gold exchange-traded funds (ETFs) saw a moderation in inflows in March 2026, even as investor interest in gold as a diversification tool remained intact amid ongoing market uncertainty. Gold ETFs recorded net inflows of ₹2,266 crore in March, sharply lower than ₹5,255 crore in February, marking a decline of about 57%. The slowdown came after…
India’s credit card industry is undergoing a shift, with companies moving beyond transaction processing to offer a broader suite of services spanning customer engagement, data insights, and security, according to Anurag Gupta, Vice President & Head of Global Merchant & Network Services at American Express Banking Corp., India. Gupta said the change is being driven…
Mutual fund flows in March showed a sharp rise in equity inflows even as overall assets under management (AUM) declined month-on-month, according to data from the Association of Mutual Funds in India (AMFI). Net equity inflows stood at ₹40,366 crore in March, up 55.5% from ₹25,965 crore in February. According to Himanshu Srivastava, Principal Research…
Suranjana Borthakur, Head of Distribution & Strategic Alliances at Mirae Asset Mutual Fund, says strong ₹40,000 crore equity inflows highlight domestic investors as market anchors despite volatility. Sandeep Bagla, CEO of TRUST Mutual Fund, notes part of the surge was institutional, but SIPs near ₹32,000 crore reflect resilient retail participation, even as markets corrected 10–11%….
Both Post Office fixed deposits (FDs) and bank FDs remain common choices for investors seeking stable and predictable returns. Typically preferred by conservative investors, these instruments may not deliver high returns but are considered useful for adding stability to a portfolio. Post Office deposits are backed by the Government of India, making them a relatively…
The Income Tax Department has introduced a new set of challans on the e-filing portal from April 1, in line with the Income-tax Act, 2025. The update primarily changes how taxpayers select the relevant year and report payments, while retaining continuity for past dues. According to Mrinal Mehta, Joint Secretary, BCAS, the revised system aims…
The Centre has not yet announced the Dearness Allowance (DA) revision for the January–June 2026 period, leaving the allowance unchanged at 58% for now. The Union Cabinet did not take up the DA proposal in its April 8 meeting. The decision is typically cleared around March each year, making the current delay a departure from…
The Reserve Bank of India (RBI) on Thursday (April 9) released a discussion paper outlining potential safeguards to address the rising incidence of fraud in digital payments, and has invited public comments on the proposals by May 8. The paper comes amid rapid growth in digital transactions in India, with volumes rising 38-fold over the…
Gold and silver prices edged lower on Friday (April 10), as investors reassessed safe-haven demand amid a fragile US–Iran ceasefire and mixed global cues, even as underlying geopolitical risks and inflation concerns kept downside limited. COMEX gold was last at $4,783.70 per ounce, down $34.30 or 0.71% an ounce. COMEX silver slipped to $75.540 per…
