The Pension Fund Regulatory and Development Authority (PFRDA) has expanded the eligible investment universe under the National Pension System (NPS) to include rupee-denominated bonds issued by the New Development Bank (NDB), in a move that widens the pool of approved debt instruments for pension funds. According to a circular issued by the regulator, the amendment…
Article compares Rafael Nadal and MS Dhoni under pressure to investors, warning that greed, herd mentality, recency and anchoring biases create a behaviour gap that undermines long term returns In the 2022 Australian Open final, Rafael Nadal looked finished. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s…
Lab-grown diamonds are being viewed differently from natural diamonds in India’s jewellery market. Instead of being treated as assets, they are now largely positioned as lifestyle purchases, driven by affordability, design choice, and changing consumer expectations. How lab-grown diamonds differ in value perception Industry experts say the key difference is not in appearance or quality,…
ICICI Bank has partnered with Visa to launch what the companies said is India’s first USD-denominated debit card issued through an International Financial Services Centre (IFSC) Banking Unit at GIFT City for non-resident Indian (NRI) customers. The debit card is linked to ICICI Bank’s USD Global Savings Account offered through its IFSC Banking Unit (IBU)…
Policybazaar has launched an annual domestic travel insurance plan for Indian travellers, expanding its travel insurance portfolio as domestic tourism and inter-city travel continue to see strong momentum. The Gurugram-based insurance platform said the annual policy is designed for frequent travellers and offers coverage across multiple journeys during the year, including travel by flights, trains,…
Gold prices in India traded higher while silver prices declined in early trade on May 14, extending sharp moves seen in the previous session after the government raised import duties on gold and silver to 15% from 6%. On the Multi Commodity Exchange (MCX), gold traded nearly 0.5% higher around ₹1.63 lakh per 10 grams…
Invesco India Mutual Fund has temporarily suspended fresh subscriptions in three of its international fund of fund (FoF) schemes from the close of business hours on May 11, amid regulatory limits on overseas investments by mutual funds. The affected schemes are: Invesco Global Equity Income Fund of Fund Invesco Pan European Equity Fund of Fund…
HDFC Mutual Fund has withdrawn the new fund offer (NFO) of its HDFC Gold-Silver Passive Fund of Fund, amid growing policy focus on gold imports and their impact on India’s external account. “We have decided to defer the NFO of our Gold-Silver Passive FoF in light of the broader national conversation around precious metal imports…
India’s equity markets may remain volatile in the near term due to crude oil prices, inflation trends and geopolitical developments, but investors may continue to find opportunities across quality large-cap equities, fixed income and gold, according to the latest market outlook report by PL Capital. In its May 2026 market outlook, the wealth management arm…
Mirae Asset Mutual Fund has launched the Platinum Hybrid Long-Short Fund under its Platinum Specialised Investment Fund (SIF) platform, introducing an interval investment strategy that will invest across equity and debt securities while also using limited short exposure through derivatives. The new fund offer (NFO) will open for subscription on May 20 and close on…
