Zerodha has begun enabling US stock investing in beta mode for select users, allowing eligible Indian investors to access US-listed stocks and exchange-traded funds (ETFs) through its Kite platform. The facility is routed through BSE-owned India INX Global Access at GIFT City’s International Financial Services Centre (IFSC). Here are five things investors should know about…
Banks in several states will remain closed on different days this week due to Dussehra, Durga Puja and related festivals. The holidays fall between Monday, October 19, and Friday, October 23, with bank closures varying from state to state. Customers planning to visit bank branches for transactions or paperwork are advised to check the RBI’s…
Bitcoin reclaimed the $82,500 level on Monday, October 19, as the cryptocurrency market rebounded from last week’s lows. Gains across several major altcoins also pointed to a broader recovery, although weak institutional investment flows and uncertainty over the US Federal Reserve’s interest-rate outlook continued to weigh on sentiment. Bitcoin was trading around $82,400-$82,500, gaining close…
Gold and silver prices rose on the Multi Commodity Exchange (MCX) on Monday, October 19, tracking gains in international markets as investors assessed the outlook for US interest rates and the impact of softer oil prices on inflation. MCX gold futures for December delivery were trading at ₹1.48 lakh per 10 grams, up 0.24%, while…
The Eighth Central Pay Commission (8th CPC) will hold stakeholder interactions in Mumbai on October 22 and 23 as part of its exercise to review the pay structure and service-related benefits of Central Government employees and pensioners. According to a notice issued by the Ministry of Finance on September 21, organisations, institutions and associations and…
The Centre has prescribed Aadhaar authentication or proof of possession of an Aadhaar number for children seeking education assistance under the PM CARES for Children Scheme. However, the absence of an Aadhaar number or failure to complete authentication cannot, by itself, be a reason to deny the benefit. A notification issued by the Ministry of…
Gold and silver prices edged higher in international markets on Monday, October 19, supported by safe-haven demand and a decline in US Treasury yields, even as investors assessed inflation risks, geopolitical tensions and the outlook for US interest rates. On COMEX, gold futures rose 0.30% to $4,193.60 per ounce, while silver futures gained 0.51% to…
South Indian Bank has raised its marginal cost of funds-based lending rates (MCLR) by 5 basis points across all tenures, the lender informed stock exchanges on Saturday. Following the revision, South Indian Bank’s MCLR will range from 8.20% to 9.50% for tenures ranging from overnight to one year. The bank disclosed the revision in a…
Small-cap mutual fund rankings can change sharply from one year to the next, making it difficult for investors to identify schemes that can deliver consistent returns. A fund that ranks among the best performers for several years can slip to the bottom of the category, while a previous laggard can move to the top. This…
The Department of Posts has approved a Productivity Linked Bonus (PLB) equivalent to 60 days’ emoluments for eligible postal employees for the year 2025-26. The approval also covers ex-gratia bonus payments for regularly engaged Gramin Dak Sevaks (GDS) and ad-hoc bonuses for eligible full-time casual labourers and temporary-status casual labourers. According to the Department of…
