Gold prices in global markets edged higher on May 5, while silver declined marginally, as firm crude oil prices and geopolitical tensions continued to influence sentiment. On COMEX, gold was last at $4,546.80 per ounce, up $13.50 or 0.30%. Silver stood at $73.30 per ounce, down $0.22 or 0.30%. Oil prices held near recent highs,…
India’s first-job earners should adopt structured financial planning strategies as a gap persists between entry-level salary expectations and actual pay outcomes, according to insights from the Unstop Talent Report 2026 and industry experts. The report highlights that 73% of undergraduate freshers expect starting salaries above ₹5 LPA, while only about 40% are able to secure…
Suryoday Small Finance Bank revises savings account interest rates up to 7.60% per annum, with tiered slabs and DICGC cover for eligible deposits. By Anshul May 4, 2026, 5:17:19 PM IST (Updated) 1 Min Read Suryoday Small Finance Bank has revised its savings account interest rates, across domestic, NRE and NRO accounts. Under the updated…
Premium credit cards in India are positioned around a broad set of benefits, including airport lounge access, travel vouchers, milestone-linked rewards, insurance covers and accelerated reward points. However, industry participants note that a meaningful portion of these benefits remains unutilised, particularly in premium segments where redemption conditions and user behaviour play a key role. Estimates…
SBI Card has implemented a set of revisions to its credit card fee structure, reward redemption rules, and cardholder communication policies, with several changes taking effect from May, according to notices published on its website. Revised late payment charges and fee waiver norms Effective May 1, SBI Card has revised its Late Payment Charges (LPC)…
The Sovereign Gold Bond (SGB) 2018–19 Series I is set for final redemption on May 4, marking its scheduled maturity after an eight-year tenure. The bond, issued on May 4, 2018, at ₹3,064 per gram for online investors (after a ₹50 discount on the nominal issue price of ₹3,114 per gram), delivers an approximate 386%…
Axis Mutual Fund has launched the Axis Nifty Capital Markets Index Fund, an open-ended index fund that will track the Nifty Capital Markets Total Return Index (TRI), providing investors exposure to companies operating in India’s capital markets ecosystem. The New Fund Offer (NFO) opened on May 4 and will close on May 15. The fund…
CARE Ratings, in collaboration with the National Stock Exchange of India (NSE), on May 4, commercially launched PaRRVA, a framework designed to verify investment performance metrics in the securities market. The Past Risk and Return Verification Agency (PaRRVA) was conceptualised by the Securities and Exchange Board of India (SEBI) and aims to standardise and independently…
Gold and silver prices traded marginally lower in India on May 4, tracking weak global cues as investors weighed geopolitical developments in West Asia alongside persistent inflation concerns and a cautious central bank outlook. On the domestic front, the June gold futures contract on the Multi Commodity Exchange (MCX) slipped 0.15% to ₹1.51 lakh per…
Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), on Monday (May 4) made a case for “optimum regulation” in India’s fast-evolving financial markets, saying the right balance is critical to sustain growth while protecting investor trust. Speaking at the IMC Capital Markets Conference 2026 at the NSE, Pandey said markets…
