A monthly SIP of ₹10,000 in the Navi Flexicap Fund since its launch in July 2018 would have grown to ₹16.48 lakh by April 30, against a total investment of ₹9.4 lakh, according to data released by Navi Mutual Fund. The fund house also said its historical rolling return data shows that all five-year holding…
The Employees’ Provident Fund Organisation (EPFO) has rolled out VISHWAS, 2026, a one-time dispute settlement scheme that allows eligible employers to settle disputes relating to damages imposed for delayed provident fund (PF) contributions at reduced rates. The scheme, notified as part of the EPF Scheme, 2026, came into force on June 29, and will remain…
Gold and silver prices extended their losses in India on Monday (July 13), mirroring weakness in global markets, as rising crude oil prices, a stronger US dollar and higher US Treasury yields weighed on investor sentiment. On the Multi Commodity Exchange (MCX), gold futures for August delivery fell ₹1,413, or 0.98%, to ₹1.42 lakh per…
Tata Capital on Monday (July 13) announced that its board has approved the proposed acquisition of a majority stake in Yogakshemam Loans (Yogloans), marking its entry into the gold loan business. Yogloans is a Reserve Bank of India (RBI)-registered non-banking financial company (NBFC) focused primarily on gold loans. Under the proposed all-cash transaction, Tata Capital…
Public and private sector banks in India will remain closed for four days this week between July 13 and July 19, 2026. The closure is linked to regional festivals and observances across different parts of the country and varies from state to state. Customers planning to visit branches this week are advised to check the…
A 70-year-old chartered accountant from Gwalior allegedly lost more than ₹21 crore to cyber fraudsters after being lured into a fake investment scheme that promised high returns. The case highlights a growing trend of online investment scams where fraudsters build trust over time, create fake investment platforms showing artificial profits, and prevent investors from withdrawing…
With the application deadline drawing closer, professionals interested in working with the 8th Central Pay Commission (8th CPC) have until August 31, to apply for consultant positions. The Commission had first issued the notification on April 10, inviting applications for contractual engagements across three categories of consultants. The 8th Pay Commission has been constituted to…
Franklin Templeton Mutual Fund has temporarily suspended fresh registrations for Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) in two of its international mutual fund schemes. The restriction applies to the Franklin Asian Equity Fund and the Franklin US Opportunities Equity Active Fund of Fund (FoF). The fund house clarified that the suspension is…
With the July 31 deadline for filing income tax returns (ITR) for many individual taxpayers drawing closer, tax experts say reviewing the Annual Information Statement (AIS) before starting the filing process can help minimise errors and ensure all taxable income is reported correctly. The AIS, available on the Income Tax Department’s portal, provides a consolidated…
The Employees’ Provident Fund Organisation (EPFO) has launched a six-month Amnesty Scheme, 2026, offering a one-time opportunity for certain establishments running exempted provident fund (PF) trusts to regularise their status under the Employees’ Provident Fund (EPF) law. The scheme is aimed at employers that have been operating recognised PF trusts under the Income Tax Act…
