Indian equity markets have remained broadly range-bound for nearly 18 months, even as global markets saw a strong bull run. Over the past six months, domestic conditions have strengthened, providing a more supportive environment for equities, according to research from Bajaj Finserv Asset Management Limited (BFAML). Corporate earnings have shown robust momentum, with Nifty 500…
As the third week of March 2026 approaches, banking customers across India should plan their visits considering public holidays. The banks are scheduled to remain shut for four days between March 16 and March 21 These closures are primarily driven by a cluster of major religious and cultural festivals, including Shab-I-Qadr, Gudhi Padwa, Ugadi and…
The 8th Central Pay Commission, officially constituted by the Government of India in November 2025, will soon replace the 7th Pay Commission, which has been in effect since 2016. The Government of India has officially initiated the 8th Central Pay Commission process, a major move that will overhaul the salaries, pensions, and allowances for millions…
With the final advance tax instalment for the financial year due on March 15, taxpayers, including salaried individuals with additional income and freelancers, may need to assess their tax liability and make payments to avoid interest charges. According to Kinjal Bhutta, Treasurer at the Bombay Chartered Accountants Society (BCAS), advance tax is not limited to…
As the financial year approaches its close on March 31, taxpayers with overseas financial interests may need to pay close attention to disclosure requirements while preparing for the upcoming income tax return (ITR) filing cycle. Under Indian tax rules, individuals classified as resident and ordinarily resident (ROR) are required to report foreign assets in Schedule…
Gold and silver prices declined in early trade on Monday (March 16), reflecting pressure from a stronger US dollar and cautious investor sentiment ahead of key global central bank meetings. On the COMEX, gold futures fell $56.70, or 1.12%, to $5,005 per ounce, while silver dropped $1.738, or 2.14%, to $79.605 per ounce. Market participants…
The West Bengal government has announced that it will begin clearing long-pending dearness allowance (DA) arrears for its employees and pensioners starting March 2026. The move is expected to benefit government staff, retired employees, teachers, and workers of grant-in-aid institutions across the state. Chief Minister Mamata Banerjee said the payments will be made in accordance…
Gold and silver prices declined in India on Monday (March 16) as global bullion prices weakened and investors reassessed the outlook for US interest rates amid elevated energy prices and geopolitical tensions. On the Multi Commodity Exchange (MCX), gold futures dropped ₹1,339 from the opening levels to ₹1.57 lakh per 10 grams, down 0.84% from…
Airport lounge access benefits on several credit and debit cards in India are set to change from April 2026, as banks revise reward structures and the National Payments Corporation of India (NPCI) updates rules for certain RuPay debit cards. The changes will affect both debit cardholders and some credit card users, with banks either discontinuing…
Asset management company Franklin Templeton said its Franklin India Money Market Fund has crossed ₹3,800 crore in assets under management (AUM) as the scheme completed 24 years of operations. Launched as an open-ended debt scheme, the fund invests in short-term money market instruments such as certificates of deposit (CDs), commercial papers (CPs), Treasury bills and…
