Gold and silver prices declined in global markets on Thursday, October 22, as fresh geopolitical tensions in the West Asia pushed crude oil prices higher, adding to concerns about inflation and the outlook for monetary policy. COMEX gold futures were trading at $4,129.60 per ounce, down $20.40, or 0.49%, from the previous close of $4,159…
Air India and Standard Chartered have partnered to offer premium travel privileges and wealth management services to eligible affluent Indian clients living abroad. The partnership will combine Air India’s Maharaja Club loyalty programme with the bank’s international banking and cross-border financial services. The new offering is expected to become available in the coming weeks, initially…
Senior citizens looking to earn a steady income from fixed deposits (FDs) can get interest rates of up to 7.45% a year at major Indian banks in October 2026, according to Paisabazaar. Bank of India offers the highest maximum rate among the 10 banks compared, paying 7.45% a year on a three-year deposit. Bank of…
Buying a car involves more than choosing a model and checking whether the monthly EMI fits the budget. Loan interest, insurance and maintenance also add to the cost of ownership, making it important for first-time buyers to assess their overall expenses before making a festive-season purchase. According to Kotak Mahindra Prime Ltd. (Kotak Prime), many…
The wedding season can bring a range of expenses for families, from venue bookings and catering to décor, entertainment and accommodation. For those planning a hotel or destination wedding, the final bill depends on several factors, including the number of guests, functions, wedding dates and services included in the package. Experts say families should assess…
First-time employees joining the formal workforce can receive financial assistance of up to ₹15,000 under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY). To receive the second instalment, eligible workers must complete a financial literacy course, in addition to meeting the scheme’s employment conditions. Launched in August 2025, the scheme aims to encourage formal employment…
Gold and silver prices declined on the Multi Commodity Exchange of India (MCX) on Wednesday, October 21, as rising crude oil prices fuelled inflation concerns and strengthened expectations that the US Federal Reserve could maintain a tighter monetary policy for longer. MCX December gold futures were trading at ₹1.46 lakh per 10 grams, down 0.35%,…
Nuvama Asset Management Limited, a wholly owned subsidiary of Nuvama Wealth Management, has received approval from the Securities and Exchange Board of India (SEBI) to establish and launch a Specialised Investment Fund (SIF). In a regulatory filing dated October 19, Nuvama Wealth Management said its subsidiary received SEBI’s approval under the SEBI (Mutual Funds) Regulations,…
Paytm and AU Small Finance Bank have launched a co-branded RuPay credit card that offers rewards on select Paytm transactions and complimentary airport lounge access for families, the companies said on Wednesday (August 21). The card has no joining or annual fee, according to the companies. It offers rewards of up to 2% on eligible…
The festive season often brings higher spending on shopping, gifts and celebrations. Setting a budget, using credit carefully and planning purchases can help households manage these expenses without disrupting savings and other financial goals. Here are seven ways to manage festive spending, drawing on suggestions from financial and tax experts. Set a spending limit Decide…
