The Supreme Court has directed Indian Railways to extend insurance coverage to tickets purchased at railway reservation counters from October 27, bringing offline bookings under the same arrangement as online tickets. The Railway Board will be directly responsible for implementing the direction, according to a News18 report. A bench of Justices Ahsanuddin Amanullah and R….
India’s gross gems and jewellery exports rose 9.43% year-on-year to $2.95 billion in September 2026, while imports increased 25.48% to $2.08 billion, according to provisional data released by the Gem and Jewellery Export Promotion Council (GJEPC). The increase in exports was led by gold jewellery and polished lab-grown diamonds, even as exports of cut and…
Gold and silver prices rose in international markets on Thursday (October 15), recovering from recent losses as investors assessed the outlook for US interest rates after inflation data came in higher than expected. On COMEX, gold futures rose $57.20, or 1.39%, to $4,165.10 per ounce, while silver futures gained $0.438, or 0.78%, to $56.315 per…
Ten banks account for about 89% of the free-float market value of India’s 41 listed banks. Zerodha Fund House has bundled these lenders into a single exchange-traded fund (ETF), giving investors a way to invest in the country’s largest banking stocks through one product. The Zerodha BSE Top 10 Banks ETF is an open-ended fund…
The Employees’ Provident Fund Organisation (EPFO) has urged eligible establishments to apply promptly under its Amnesty Scheme, 2026, which offers a one-time opportunity to regularise the exemption status of certain provident fund (PF) trusts. The deadline for applications is December 28, 2026. The scheme covers PF trusts recognised under the Income Tax Act, 1961, but…
The festive season can boost sales for retailers and small businesses, but preparing for higher demand also means managing inventory purchases, supplier payments, logistics and other operating expenses. Since these costs often arise before sales generate cash, businesses need to plan working capital around their cash-flow cycles rather than expected sales alone. Estimate the funding…
High bond yields are creating an attractive entry point for debt mutual fund investors, with the corporate bond market offering better return potential as expectations of further interest rate hikes are already reflected in prices, according to Manish Banthia, Chief Investment Officer – Fixed Income at ICICI Prudential Asset Management Company. He added, “Higher the…
India’s vehicle financing patterns are changing, with average passenger vehicle loan amounts rising and two-wheeler borrowers increasingly entering the credit system with an established credit history, according to TransUnion CIBIL’s report, Shifting Gears 2026 – Credit Drives Today’s Mobility. The report analysed personal vehicle financing between the first half (H1) of 2019 and first half…
A portfolio with 10 mutual fund schemes, investments in private credit and exposure to unlisted shares may look diversified on paper. But if several investments carry similar risks, or a large share of the money is difficult to access when needed, the portfolio may be more concentrated and less liquid than it appears. This is…
Investors should avoid abandoning their systematic investment plans (SIPs) after two years of flat market returns, as history suggests that patience has often been rewarded, according to Abhishek Tiwari, CEO of PGIM India Mutual Fund. Tiwari said the fund house’s analysis shows that investors who remained invested through prolonged sideways markets typically earned strong returns…
