Food-delivery platforms are providing delivery partners with insurance covering accidental death, hospitalisation and other medical expenses, alongside benefits such as maternity cover and compensation for lost earnings in specified circumstances. The coverage and limits vary across platforms, making policy terms and claim conditions important when assessing the protection available to gig workers. Swiggy renewed its…
Airport lounge access on credit cards is subject to minimum spending requirements, quarterly visit limits and changes to eligible lounges, as banks revise the benefits attached to their cards. Several changes took effect in 2026. HDFC Bankintroduced a minimum quarterly spending requirement for domestic lounge access on its Regalia Gold credit card from July 1,…
Jio BlackRock International AMC (IFSC) has launched an open-ended fund of funds scheme that will invest predominantly in BlackRock’s Advantage World Equity Fund, offering eligible investors access to developed-market equities through GIFT City. The JioBlackRock Advantage World Equity Fund (IFSC), launched on October 26, will invest 90%-100% of its assets in units of the underlying…
Gold and silver prices traded lower in international markets on Tuesday, October 27, as elevated oil prices, inflation concerns and uncertainty over the US Federal Reserve’s interest rate outlook weighed on bullion sentiment. On COMEX, gold futures were trading at $4,029.70 per ounce, down $8.70, or 0.22%, from the previous close of $4,032.80. Silver futures…
Silver prices have crashed more than 50% from their peak ahead of Dhanteras, leaving investors wondering whether to buy now or wait for a further correction. Ajay Kedia, director of Kedia Advisory, sees the sharp fall as an opportunity to accumulate silver gradually. However, Manav Modi, commodities analyst at Motilal Oswal Financial Services, cautions that…
The Indian government may decide on restructuring long-term capital gains (LTCG) tax on equities in the coming weeks, ahead of the Union Budget, Moneycontrol reported, citing sources familiar with the discussions, including a government official. The discussions reportedly include a review of the 12.5% LTCG rate applicable to domestic and foreign investors, as well as…
ICICI Prudential Mutual Fund has launched the ICICI Prudential BSE Power ETF, an open-ended exchange-traded fund (ETF) that will track the BSE Power Index. The new fund offer (NFO) opened on October 26 and will close on October 30, 2026. The index comprises 17 companies from the BSE 500 classified across power generation, transmission, distribution,…
Choosing between a bank and a non-banking financial company (NBFC) involves more than comparing interest rates. Borrowers should assess the total cost of credit, eligibility criteria, repayment terms and the safeguards available if a dispute arises. Banks and NBFCs offer several overlapping loan products, but their pricing, underwriting practices and product terms can differ. Interest…
Festive-season discounts and financing offers can make big-ticket purchases more accessible, but the headline price or monthly instalment may not reflect the full cost of buying and owning an asset. Whether purchasing a car, jewellery or consumer durables, consumers need to assess the upfront cost, financing terms and impact on their monthly cash flow before…
The Ministry of Road Transport and Highways (MoRTH) has proposed making Advanced Emergency Braking Systems (AEBS) mandatory for new car models from October 1, 2030, as part of measures aimed at improving road safety. Under a draft notification, the ministry has proposed that all existing car models that continue to be manufactured after the new-model…
