If you’re planning an overseas trip and think tax paperwork doesn’t apply to you because you don’t have a PAN or taxable income, think again. A new compliance requirement—Form 157—could become an essential part of your travel checklist. Under the updated framework of the Income Tax Act, Form 157 is designed as a simple declaration…
Indian investors rethink US equity exposure as valuations rise and rupee gains mature, experts advise rebalancing, diversification and goal based global allocations. By Anshul April 20, 2026, 12:23:26 PM IST (Updated) Indian investors are reassessing their US equity exposure after a sharp run-up in allocations, from about 15% earlier to 22–25% in many portfolios, driven…
Gold and silver prices in India traded sharply lower on Monday, April 20, tracking weak global cues and a strengthening US dollar, even as escalating geopolitical tensions kept broader markets on edge. On the domestic front, Multi Commodity Exchange (MCX) gold futures dropped over 1% in early trade, slipping below ₹1.53 lakh per 10 grams….
Banking operations in Karnataka remain suspended on Monday, April 20, as branches observe regional holidays on account of Basava Jayanti and Akshaya Tritiya. According to the Reserve Bank of India holiday calendar, several banks, including State Bank of India and HDFC Bank, kept their branches closed in cities such as Bengaluru. Although banking services in…
Gold prices have risen around 10% so far in 2026, while silver has gained about 5%, even as markets remained volatile through the first quarter, according to a note by Motilal Oswal Financial Services. The brokerage said bullion’s uptrend has been uneven, with prices moving in a zig-zag pattern amid global uncertainties rather than a…
The Union Cabinet has approved a 2 percentage point increase in dearness allowance (DA) and dearness relief (DR), raising the rate to 60% of basic pay under 7th Pay Commission. The move, effective January 1, 2026, is set to benefit around 50.46 lakh central government employees and 68.27 lakh pensioners, offering partial relief against rising…
India’s fund flow landscape turned sharply divergent in March, with a steep pullback in short-term liquidity instruments contrasting with steady inflows into equities, according to Vallum Capital’s latest monthly macro report. Total net asset-level flows swung decisively into negative territory, reversing from an inflow of ₹73,589 crore in February to an outflow of ₹2.2 lakh…
Gold and silver prices declined in early trade on Monday (April 20), tracking a firmer US dollar and cautious investor positioning amid renewed geopolitical uncertainty in West Asia. On the COMEX, gold fell 1.21% to $4,821 per ounce. Silver dropped 2.05% to $80.16 per ounce. The pullback follows a strong multi-week rally in bullion, with…
Gold demand during Akshaya Tritiya reflected diverging trends this year, with elevated prices dampening jewellery purchases even as investment-led buying and lightweight segments offered support to the market. Consumers marked one of India’s most significant gold-buying occasions with a more measured approach, as record-high prices prompted a shift in buying behaviour. While overall volumes remained…
Shriram Finance Limited on Sunday, April 19, has announced a revision in interest rates on its fixed deposits (FDs), with the new rates set to come into effect from May 6, 2026. The move follows a recent upgrade in the company’s long-term credit ratings to the highest “AAA (Stable)” category by agencies including CRISIL Ratings,…
