A monthly SIP of ₹10,000 in the Canara Robeco Short Duration Fund since its launch in April 2011 would have grown to about ₹29.48 lakh as of March 30, 2026, translating into an XIRR of 6.28%, according to scheme data. The fund, managed by Canara Robeco Mutual Fund, recently completed 15 years of operations on…
The 8th Central Pay Commission will enter a crucial phase of consultations starting Tuesday (April 28), as it will begin a three-day round of meetings with employee unions and associations in the national capital to shape its recommendations on salaries, allowances and pensions. The Commission said it has received a “large number” of requests from…
Gold and silver prices steadied on April 28, holding near recent highs as investors weighed geopolitical tensions in the West Asia against a packed week of global central bank decisions. Gold edges up, holds near $4,700 an ounce COMEX gold futures for June delivery were last seen at $4,700.70 per ounce, up $7 or 0.15%,…
The share of investment in India’s total gold consumption rose to 42% in calendar year (CY) 2025, up from 29% in CY24, CareEdge Ratings said. The agency attributed the increase to stronger demand for gold exchange-traded funds (ETFs) and bar-and-coin purchases, supported by elevated prices, global uncertainty, and portfolio diversification needs. CareEdge Ratings noted that…
Both gold and silver prices in India declined in Monday’s (April 27) futures trade, tracking weak global cues and a mix of risk-on sentiment in broader markets. Gold futures on the Multi Commodity Exchange (MCX) for June delivery fell ₹349, or 0.23%, to ₹1.52 lakh per 10 grams. The contract saw a business turnover of…
India’s digital payments ecosystem is anchored around UPI, with a large share of transactions now comprising small, frequent payments such as QR scans at stores, mobile recharges and utility bill payments. This shift in transaction patterns is also being reflected in how credit card features are structured. What’s changing in cards? Recent credit card offerings…
As medical costs rise and life stages shift, the difference between a standard policy and a structured one often comes down to the riders you choose. Customisation usually beats a one-size-fits-all approach. It’s true in the products we buy, the playlists we listen to, the travel we plan, and even the way we invest. We’ve…
Tata Asset Management has announced the launch of the Titanium Equity Long-Short Fund, an actively managed strategy that will take both long and short positions in equities and equity derivatives, with flexibility to adjust exposure across market cycles. The fund is being introduced under the Titanium Specialised Investment Fund (SIF) platform and is positioned in…
With equity markets stabilising after recent volatility, investors may need to recalibrate strategies amid elevated valuations and uneven recovery across segments. Vishal Chopda, Senior Vice President – Equity at UTI AMC, outlines a measured approach to portfolio allocation. Valuations remain elevated; avoid incremental risk Chopda said Indian equities continue to trade in expensive territory, even…
PB Fintech Group’s vehicle services platform, PB Wheels, is expanding its offerings to integrate a broader range of services aimed at vehicle owners, including insurance management, servicing, compliance tracking and related utilities. The Gurugram-based company said the platform is being positioned as a unified digital interface that allows users to manage multiple aspects of vehicle…
