Indian students preparing to study abroad are now taking a more structured approach to finances even before leaving India, as rising global living costs, currency volatility and geopolitical uncertainty are making overseas education planning more complex. Experts say forex planning is no longer limited to arranging money after arrival. Instead, students and families are being…
Viraj Kulkarni, Vice President – Equity at Bandhan Mutual Fund, said multi-asset allocation funds can help investors manage market uncertainty by spreading money across equities, international assets, gold, silver and fixed income. He said BandhaViraj Kulkarni, Vice President – Equity at Bandhan Mutual Fund, said multi-asset allocation funds can help investors manage market uncertainty by…
In salary discussions for government employees, the terms ‘dearness allowance’ (DA) and ‘dearness relief’ (DR) are commonly used. Part of a government employee’s salary, DA is an additional component that is aimed at helping against factors like inflation and cost of living. Dearness Relief is similar in nature but is provided to pensioners instead of…
India’s market regulator is reviewing the regulatory framework governing municipal bonds as part of a broader effort to deepen the country’s debt markets and expand financing avenues for urban infrastructure projects. Speaking at the CareEdge Debt Market Summit 2026 in Mumbai on Tuesday (May 26), Tuhin Kanta Pandey said the Securities and Exchange Board of…
As India’s luxury automobile market continues its upward trajectory, the future of luxury finance will be defined by greater personalisation, deeper digital integration, and more flexible access models, writes Andreas Modlmayer, CEO & Managing Director, BMW India Financial Services. India’s luxury mobility landscape is undergoing a remarkable transformation. A decade ago, premium automobiles were largely…
Banks in several parts of India are set to remain closed on May 27 and May 28 on account of Bakrid, also known as Eid al-Adha or Bakri Eid. The festival will be observed on different dates in various states and cities which has led to staggered bank holidays across the country. Eid al-Adha is…
Gold and silver prices fell sharply in Indian markets on Tuesday (May 26) as weakness in global bullion prices, a stronger rupee and rising oil prices weighed on investor sentiment amid renewed geopolitical tensions in the West Asia. On the Multi Commodity Exchange (MCX), gold prices declined nearly 1% or around ₹1,000 during intraday trade…
The US Securities and Exchange Commission’s (SEC) approval for Nasdaq to launch Bitcoin index options under the ticker QBTC marks another step in bringing cryptocurrency-linked products into mainstream financial markets. According to a Bloomberg report, the SEC granted approval for Nasdaq PHLX to list cash-settled Bitcoin index options tied to the Nasdaq Bitcoin Index. The…
India’s largest insurer, Life Insurance Corporation of India (LIC), has introduced two new joint life insurance products — LIC’s New Jeevan Sathi Single Premium and LIC’s New Jeevan Sathi Limited Premium — aimed at couples seeking a mix of savings and life cover under a single policy. Both plans are non-linked, non-participating joint life endowment…
Gold and silver prices traded higher on Tuesday (May 26) as investors tracked escalating tensions between the United States and Iran, rising crude oil prices and shifting expectations around US interest rates. COMEX Gold was last trading at $4,541.50 per ounce, up $18.30 or 0.40%, after hitting an intraday high of $4,583.30 an ounce. COMEX…
