Gold and silver prices in India continued their downward trajectory on Tuesday (March 24), tracking weak global cues and sustained macroeconomic uncertainty, even as intermittent geopolitical developments triggered bouts of volatility. On the Multi Commodity Exchange (MCX), gold futures for April delivery declined by ₹2,260, or 1.62%, to ₹1.37 lakh per 10 grams, marking the…
Digital non-banking financial companies (NBFCs) sanctioned 9.9 crore personal loans valued at ₹1.53 lakh crore in the first three quarters of FY25-26, representing 78% of total personal loan volumes and 19% of total sanction value in the period, according to the latest report from the Fintech Association for Consumer Empowerment (FACE). The report, Digital Personal…
An emergency fund is a crucial component of personal financial planning, offering a buffer against unforeseen expenses such as medical emergencies, job loss, or sudden major repairs. Experts say it acts as a “financial shield” that helps protect long-term investments from short-term disruptions. “While people actively plan for goals like buying a home, investing in…
India’s financial regulators — the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) and Insurance Regulatory and Development Authority of India (IRDAI) — have stepped up efforts to help citizens reclaim unclaimed financial assets, even as significant amounts remain unclaimed across the system. Data shared by the government shows that ₹5,777…
As India eyes 2047, health insurance is emerging as critical infrastructure, with policy reforms, tech, and new products driving wider access and financial security. By 2047, India’s defining question may not be how fast it grows, but how securely it sustains that growth. As lifespans lengthen, careers extend, and aspirations rise, progress will increasingly be…
Banks across India will observe multiple holidays in April 2026. The month will bring a mix of national festivals, regional new year celebrations, and mandatory weekend closures, making it important for customers to plan their financial activities. According to the official schedule released by the Reserve Bank of India (RBI), the month will begin with…
Banks across cities in India will remain closed for four days in a row from March 26 to March 29 due to a combination of festival-related holidays and the standard weekend break. In certain Indian cities, lenders from the public and private sectors will be impacted during this time. The extended holiday stretch is primarily…
Ram Navami, one of the most important Hindu festivals, is celebrated every year with great devotion across India. The festival, which falls on the ninth day of Navratri, marks the birth of Lord Ram and is observed with prayers, temple visits and religious processions in many parts of the country. In 2026, Ram Navami will…
With the rising costs of higher education in India and abroad, structuring education finance has become as critical as selecting the right course or university. Neeraj Saxena, CEO & MD of Auxilo Finserve, explains how borrowers can approach education loans as a planned investment rather than a financial burden. Saxena emphasises that education financing should…
Markets regulator SEBI on Wednesday deferred the implementation of guidelines permitting mutual funds to undertake intraday borrowing from financial institutions, including banks, to July 15. The framework was earlier slated to come into effect from April 1. ”In order to address the operational challenges raised by asset management companies with respect to intraday borrowings by…
