Nippon India Mutual Fund (NIMF) has announced the launch of an investor awareness campaign aimed at promoting mutual fund participation among retail investors and fostering disciplined investing habits. The campaign ’Har Ghar Investor’ seeks to educate and inform first-time investors while instilling confidence as they begin their investment journey. In its initial phase, the initiative…
Target maturity funds (TMFs) are gaining attention again as investors look for stability amid volatile markets. These funds, which fall under passive debt mutual funds, aim to offer predictable returns by holding bonds till maturity. Unlike traditional debt funds that actively manage interest rate and credit risks, TMFs follow a “buy and hold” approach. They…
India’s retail credit market is moving into a more data-driven phase, where loan access, pricing, and approval are shaped by credit behaviour, utilisation patterns, and now even self-monitoring habits, say experts. Amit Agarwal, Senior Vice President – Operations & Business Development, Executive Director & Board Member at Equifax Credit Information Services, said India is witnessing…
NPCI Bharat BillPay Limited (NBBL) has onboarded Postal Life Insurance (PLI) as a biller under the insurance category on the Bharat Connect platform, expanding digital premium payment options for policyholders. PLI, operated by the India Post under the Department of Posts, services over 1.25 crore active policies and processes around 2.5 lakh transactions daily. With…
Car leasing is one of the ways salaried individuals can structure their compensation efficiently under India’s new income tax regime, which does away with most exemptions and deductions. Rather than a trend-driven shift, it can be understood as a mechanism within existing tax rules that can, in specific cases, help reduce taxable income. How car…
Gold has long been considered a safe asset in India, traditionally purchased in the form of jewellery, coins, or bars. With the rise of fintech platforms, investors are increasingly turning to digital alternatives such as Digital Gold, Gold Exchange-Traded Funds (ETFs), and Gold Mutual Funds. Digital gold, in particular, has emerged as a popular option…
Gold and silver prices declined in Indian futures trade on Tuesday (April 21), tracking weak global cues and subdued domestic participation. On the Multi Commodity Exchange, gold contracts for June delivery edged lower by ₹3 to ₹1.53 lakh per 10 grams, with a turnover of 439 lots. The marginal dip reflects softer spot demand alongside…
Abu Dhabi National Insurance Company (ADNIC) has received regulatory approval to operate a reinsurance branch from India’s International Financial Services Centre at GIFT City, according to a company statement released on April 21. The licence, effective April 1, allows the insurer to undertake reinsurance business from the Gujarat-based financial hub. The move adds to ADNIC’s…
Gold and silver prices are trading in a narrow range, but the current phase reflects consolidation rather than weakness, with fundamentals continuing to support the outlook, according to Renisha Chainani, Head of Research at Augmont. She said retail investors should avoid waiting for ideal entry points and instead adopt a staggered investment strategy. “Range-bound movement…
A cyber fraud case in Gujarat’s Rajkot district has widened significantly, with police now estimating the total value of suspicious transactions at over ₹2,500 crore, up from an earlier estimate of ₹1,500 crore. The Rajkot Rural Police said 20 people have been arrested so far as part of “Operation Mule Hunt”, including three officials from…
