Jammu and Kashmir Bank has raised the group personal accident insurance cover for permanent Jammu and Kashmir government employees from ₹25 lakh to ₹1 crore under a five-year memorandum of understanding (MoU) signed with the Union Territory government. According to the bank’s announcement, the agreement also provides enhanced disability cover, financial assistance for employees’ families…
UTI Mutual Fund has launched the UTI Nifty India New Age Consumption Index Fund, an open-ended passive equity scheme that seeks to replicate the performance of the Nifty India New Age Consumption Total Return Index (TRI), subject to tracking error. The new fund offer (NFO) opened on October 22 and will close on November 5,…
Gold and silver prices edged higher in international markets on Monday, October 26, after both metals recorded sharp losses last week. Investors are assessing the outlook for US interest rates, elevated bond yields and crude oil prices ahead of the US Federal Reserve’s policy decision on October 27-28. On COMEX, gold futures were trading at…
By CNBCTV18.com October 25, 2026, 1:31:27 PM IST (Published) The Securities and Exchange Board of India (SEBI) has warned investors of a scam that has become increasingly common: private WhatsApp groups posing a…Read More 1/8 It’s become increasingly common for people to be invited into an “exclusive” WhatsApp group, which claims to be run by…
The Insurance Regulatory and Development Authority of India (IRDAI) has extended the deadline for submitting feedback on its proposed insurance distribution reforms to October 31, 2026, from the earlier deadline of October 25. The regulator said it has received more than 650 comments on its two-part consultation paper, titled ‘Recalibrating Economics of Insurance Distribution’, released…
Investors comparing options to grow their savings often consider fixed deposits (FDs) and debt mutual funds. Both invest around the objective of generating returns, but they differ in how earnings are determined, the risks involved, access to funds and tax treatment. Fixed deposits have traditionally appealed to investors seeking predictable returns and relatively low risk….
Festive-season property offers can include discounts, flexible payment plans and gifts. However, buyers should assess the total cost of a home, their ability to meet future payments and the credibility of the developer before making a commitment. Shalin Raina, Managing Director, Residential Services, Cushman & Wakefield, says the residential market is moving at a more…
SBI Life Insurance has launched a ‘Waiver of Premium’ rider that waives future premiums if specified contingencies, including accidental total permanent disability (ATPD) and critical illnesses, occur, subject to the rider’s terms and conditions. The rider is available with select individual linked and non-linked life insurance products. It is designed to help policyholders maintain their…
A nominee in a life insurance policy is designated to receive policy benefits after the policyholder’s death, but nomination does not automatically settle all questions of ownership or succession. The rights of a nominee depend on the policy structure, applicable laws and the specific provisions governing the policy. Shruti Oke, SVP and Head of Product…
Specialised Investment Funds (SIFs) attracted net inflows of ₹7,578 crore in September 2026, taking their assets under management (AUM) to ₹38,287 crore. Data from their first year points to growing investor interest, while early performance comparisons show differences in how SIFs and mutual funds respond to market declines and recoveries. According to Germinate Investor Services…
