The Wealth Company Mutual Fund has announced the launch of its Large & Mid Cap Fund, an open-ended equity scheme that will invest in both large-cap and mid-cap companies. The New Fund Offer (NFO) will open on May 21 and close on June 4. The scheme aims to generate long-term capital appreciation through investments in…
Gold and silver prices in India declined on Wednesday (May 20), tracking weakness in global bullion markets as investors assessed rising geopolitical tensions in the West Asia and expectations that US interest rates could remain elevated for longer. MCX gold futures for the June contract traded 0.41% lower at $1.58 lakh per 10 grams in…
Employees’ Provident Fund Organisation (EPFO) subscribers may soon be able to withdraw provident fund money through UPI, potentially reducing the time and paperwork involved in accessing PF savings. Labour Minister Mansukh Mandaviya said testing for the UPI-based withdrawal facility has been completed, with the service expected to launch after final implementation and system integration. When…
Gold and silver prices traded steady on Wednesday (May 20), with investors weighing developments around US-Iran talks and expectations that US interest rates may remain elevated for longer. COMEX Gold was down 0.41% at $4,492.80 per ounce in early trade on May 20. COMEX Silver declined 0.82% to $74.545 per ounce. Market sentiment remained influenced…
ICICI Bank will increase the Dynamic Currency Conversion (DCC) fee on debit card transactions to 3.5% from the existing 1%, with the revised charges coming into effect from June 21, 2026. The revised fee structure will apply to select debit card transactions conducted in Indian rupees under certain international payment scenarios. According to the bank’s…
Liquidity Can Matter During Emergencies | One major factor many investors overlook is liquidity. Regular FDs can usually be withdrawn prematurely with relatively straightforward penalty rules. Although some special FD schemes also allow early withdrawals, the conditions may differ depending on the bank and the scheme. (Image AI generated) Source link
India’s summer travel season is moving towards planned, experience-led and value-optimised holidays, with rising demand for premium stays, family travel and reward-linked bookings. Travellers should plan early, align destinations with travel intent, and use rewards and flexible booking tools more effectively to manage seasonal costs. Cleartrip’s PeekABoo – Exclusive Travel Trends Tracker indicates hotel bookings…
Capitalmind AMC’s Head of Equities, Anoop Vijaykumar, said largecap stocks currently offer better value compared to mid- and smallcaps, though stronger earnings growth in smaller companies could improve their appeal. He said the AMC remains agile amid global uncertainty, using cash tactically during volatile periods. The fund house also sees long-term potential in multi-asset investing…
The Employees’ Provident Fund Organisation (Employees’ Provident Fund Organisation) has intensified its efforts to reduce litigation through mission-mode initiatives aimed at faster disposal of pending cases across various legal forums. As part of a dedicated drive for consumer court cases, EPFO undertook advance identification of pending matters and fast-tracked their resolution under the outreach programme…
The Employees’ Provident Fund Organisation (EPFO) is intensifying efforts to reduce litigation pending in consumer courts while preparing to roll out WhatsApp-based member services aimed at improving outreach and easing access to provident fund-related assistance. Labour and Employment Minister Mansukh Mandaviya said the government has begun acting against EPFO-related litigation piling up in consumer forums,…
