Gold and silver are among the most popular choices for buyers during Diwali. While some people purchase them as part of the festive tradition, others see precious metals as a way to invest for the future. With prices seeing sharp ups and downs recently, buyers may be wondering whether this is the right time to…
Senior citizens looking to earn a steady return on their savings through fixed deposits (FDs) can get interest rates of up to 7.95% a year among the 15 banks compared in November 2026, according to Paisabazaar. The rates in this comparison are as of November 4, 2026. Bandhan Bank offers the highest maximum rate among…
Largecap stocks could be better placed to outperform in the near term as valuations turn attractive and foreign investor flows show signs of improvement, according to Sandeep Tandon, Founder and CIO of Quant Mutual Fund, and Swarup Mohanty, Vice Chairman and CEO of Mirae Asset Mutual Fund. The two fund industry leaders said investors should…
India’s microfinance sector is witnessing a shift towards larger loans and greater concentration among borrowers with fewer active lenders, even as the industry’s overall loan portfolio continues to contract. Non-banking financial company-microfinance institutions (NBFC-MFIs) have strengthened their position as the largest lender category, accounting for 44.7% of the industry’s outstanding portfolio as of September 2026….
The Gujarat and Uttarakhand governments have announced a 3% increase in Dearness Allowance (DA) for eligible state government employees, taking the rate from 60% to 63%, in line with the Centre’s revision. In Gujarat, the decision will benefit around 4.62 lakh serving employees and 5.07 lakh pensioners, covering more than 9.69 lakh beneficiaries. The state…
Carnelian Mutual Fund’s maiden scheme, Carnelian Small Cap Fund, received 30,562 applications amounting to ₹632 crore during its New Fund Offer (NFO), which closed on October 30, 2026, according to the fund house. The average application size was around ₹2.07 lakh, while 45% of the applications came from outside the top 30 cities (B30), indicating…
India’s gold loan market has nearly tripled in size over three years, with outstanding balances touching ₹22.5 lakh crore in August 2026, as more consumers turn to gold-backed borrowing and existing borrowers return for additional loans. However, the growth is being driven by larger-ticket loans rather than a rise in the number of people entering…
Gold and silver prices recovered on November 5, ahead of Dhanteras, after witnessing sharp corrections from their record highs earlier this year. A weaker US dollar and lower US Treasury yields have supported the latest international rally, although uncertainty around the US Federal Reserve’s interest rate outlook continues to keep precious metals volatile. On the…
With Dhanteras and Diwali around the corner, fintech and investment platforms are introducing new offerings linked to gold purchases, investment plans and loyalty rewards. The latest announcements include digital gold purchases with cashback, a low-value daily mutual fund SIP and an option to convert loyalty points into digital gold. Here is a look at three…
Indian travellers shopping at Dubai Duty Free can now pay for eligible purchases through the Unified Payments Interface (UPI), with the facility also offering a 10% discount, subject to a maximum of AED 100. The initiative was announced by NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI),…
