Market volatility has investors rethinking their portfolios, and JioBlackRock Asset Management believes largecap stocks offer a resilient anchor in uncertain times. In a recent conversation with CNBC-TV18, MD & CEO Sid Swaminathan explained why largecaps are currently appealing. He emphasised that investors should look beyond short-term market swings and focus on long-term investment goals. “Time…
Bank credit growth in India remained firm in February 2026, even as emerging risks persist, with multiple sectors contributing to the expansion, according to a report by CareEdge Ratings. Non-food bank credit grew 14.3% year-on-year in February, up from 11.1% a year ago, broadly in line with recent months, the report said. Retail lending supports…
Gold and silver prices in India edged lower on Tuesday (April 7), tracking global weakness as a stronger US dollar and elevated bond yields weighed on bullion demand. On the Multi Commodity Exchange (MCX), gold futures slipped 0.13% to ₹1.49 lakh per 10 grams (24-karat) around midday trade, while silver declined 0.29% to ₹2.32 lakh…
The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers offering products through digital platforms to review their systems and ensure compliance with guidelines aimed at curbing “dark patterns” in user interfaces. In a press release, the regulator referred to the guidelines issued by the Central Consumer Protection Authority (CCPA) on November 30,…
HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rates (MCLR) on select short-term tenures by up to 5 basis points (bps), offering marginal relief to a segment of borrowers. The revised rates come into effect from April 7, according to information published on the bank’s website. A basis point is one-hundredth of a…
InCred Alternative Investments has announced the final close of its maiden special opportunities credit fund at its hard cap of ₹1,500 crore, taking its total assets under management (AUM) in private credit strategies to over ₹4,000 crore. The fund, InCred Special Opportunities Fund-I (ISOF-I), is a Category II, close-ended Alternative Investment Fund (AIF). It received…
Axis Bank has rolled out a significant update to its Travel Edge rewards programme for credit cards. The changes go beyond routine tweaks—they reshape partner access, reduce conversion value in several cases, and tighten how rewards can be used. Here’s a breakdown of what has changed and how it may affect cardholders. What’s changed in…
“Understanding the difference between top-up and super top-up is essential for managing long-term medical costs,” said Vivek Chaturvedi, Chief Marketing Officer and Head of Direct Sales at Digit Insurance. He added that while both products may appear similar, they function very differently when multiple hospitalisations occur within a year. Chaturvedi noted that this often leads…
India’s tax compliance framework is set for a structural tweak with the introduction of Form 121, which replaces the widely used Form 15G and Form 15H. The shift, aligned with the upcoming Income-tax Act, 2025, aims to simplify declarations used to avoid tax deducted at source (TDS)—but it also changes how and who files them….
The issue of dormant Employees’ Provident Fund (EPF) accounts is back in focus as the Employees’ Provident Fund Organisation (EPFO) pilots an automated system to transfer unclaimed balances directly into subscribers’ Aadhaar-linked bank accounts. The first phase of the initiative will cover around 8.1 lakh inoperative accounts worth an estimated ₹5,200 crore. The move is…
