Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.
Bareilly police have busted an alleged hawala racket, arresting two individuals and seizing Rs 35 lakh in cash along with fake Aadhaar cards. The investigation has uncovered a Dubai link and potential national security implications, with efforts underway to trace other involved parties.
The Punjab government has announced cash rewards for information leading to the arrest of 28 proclaimed offenders, including foreign-based gangsters, prompting criticism from the BJP regarding the state's law and order situation.
A group of armed criminals broke into the Gurugram home of a retired colonel, threatening his son's family and fleeing with jewellery worth lakhs and cash. Police have registered an FIR and launched an investigation, forming a special team to identify the culprits.
A 45-year-old pharmacy cashier, Janki Das, was shot dead in broad daylight by two masked men in Chandigarh's Sector 11. Police are investigating the incident, exploring all angles including potential extortion or gangster involvement, and are making efforts to apprehend the culprits.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
Odisha Vigilance has seized an additional 703 grams of gold from a bank locker belonging to Baikuntha Nath Behera, an assistant executive engineer, bringing the total recovery to 1.255 kg. Behera was arrested for possessing assets disproportionate to his known income, including over Rs 2 crore in cash, five buildings, 14 plots, and significant deposits.
Odisha Vigilance has seized an additional 703 grams of gold from a bank locker belonging to Baikuntha Nath Behera, an assistant executive engineer, bringing the total recovery to 1.255 kg. Behera was arrested for possessing assets disproportionate to his known income, including over Rs 2 crore in cash, five buildings, 14 plots, and significant deposits.
Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.
Kerala Police have arrested 13 individuals for allegedly attempting to abduct a passenger arriving from abroad at Karipur airport and rob him of gold and cash. The operation was launched based on a tip-off, leading to the seizure of vehicles and the discovery of a larger conspiracy. Authorities are also investigating the possibility of the passenger carrying smuggled gold.
The Odisha Vigilance has arrested Baikuntha Nath Behera, an assistant executive engineer, for possessing disproportionate assets worth crores, including over Rs 2 crore in cash, multiple properties, and gold jewellery. The arrest followed raids that uncovered extensive wealth, with some lockers yet to be opened.
Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.
Tamil Nadu Chief Minister C Joseph Vijay honoured Indian Grandmaster R Praggnanandhaa with a Rs 50 lakh cash incentive and played a friendly game of chess with him at the Secretariat, where the young prodigy checkmated the CM. Praggnanandhaa recently made history by becoming the first Indian to win the prestigious Norway Chess title.
The Nadia district administration has launched an investigation after 173 male names were detected in the beneficiary list of the 'Lakshmir Bhandar' scheme meant for women in Dhubulia area.
As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.
Odisha Police swiftly arrested six individuals involved in a gunpoint robbery in Sundargarh district, recovering the looted cash and other items. The accused had stolen Rs 1.10 lakh from a dispensary-cum-residence before being apprehended through a coordinated police effort.
The Enforcement Directorate has arrested a former Andhra Pradesh State Beverages Corporation Ltd. official and a "prime accused" in connection with a fresh money laundering case related to an alleged Rs 195-crore liquor transport scam. Raids were conducted at multiple premises, including those linked to a former minister.
The Enforcement Directorate has arrested a former Andhra Pradesh State Beverages Corporation Ltd. official and a "prime accused" in connection with a fresh money laundering case related to an alleged Rs 195-crore liquor transport scam. Raids were conducted at multiple premises, including those linked to a former minister.
A senior Gujarat government official has been arrested by the Anti-Corruption Bureau (ACB) in a disproportionate assets case after searches revealed valuables worth over Rs 2.64 crore.
The Meghalaya Football Association (MFA) felicitated state footballers Sanfida Nongrum and Ribansi Jamu for their pivotal roles in India's victory at the SAFF Women's Championship 2026. The players, who contributed significantly to India reclaiming the title, were honoured with cash rewards and recognition, inspiring young girls in the state to pursue football.
Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.
Gurugram Police arrested a 28-year-old man for allegedly drugging his flatmates and robbing them of nearly Rs 6 lakh. The accused, Deepak Maurya, used OLX ads to find victims and committed similar crimes in Gujarat using fake identities.
Over Rs one lakh in currency notes damaged by termites was recovered from two suitcases in a college union room in Central Kolkata, prompting a police probe.
Two masked men shot dead a 45-year-old pharmacy cashier, Janki Das, in broad daylight in Chandigarh's Sector 11. The assailants fired multiple rounds before fleeing on a motorcycle with a third accomplice. Police are investigating all angles, including potential extortion or gangster involvement, though the shop owner reported no threats.
The Indian Women's Hockey team secured their second FIH Women's Nations Cup title by defeating hosts New Zealand 2-0 in the final.
A Motor Vehicle Inspector (MVI) in Nagpur, Sajan Shaligramji Shende, who had previously filed a complaint with the Anti-Corruption Bureau (ACB) about corruption within the RTO, has himself been arrested in a bribery case. Shende was allegedly involved in illegally collecting money at the Khursapar RTO border checkpost. The ACB acted on a complaint from a truck owner regarding a Rs 500 bribe, leading to the arrest of Shende and another individual, Praveen Baburao Gaidhane, and the recovery of Rs 47,000 in cash. Both are booked under the Prevention of Corruption Act.
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism, linking India's UPI with Nepal's NPI. This system allows real-time money transfers via mobile banking, enhancing convenience for travellers and businesses, fostering financial inclusion, and strengthening economic ties between the two nations.
Odisha Police busted a gambling racket in Sundargrah district, arresting 26 people and seizing cash, vehicles, and mobile phones. They also arrested a shop owner involved in IPL betting and are searching for three more suspects.
A case has been registered against a US-based organisation and six others after the Enforcement Directorate lodged a complaint alleging illegal utilisation of foreign funds through a network of foreign debit cards, including in Left Wing Extremism (LWE)-affected areas of the country.
Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.
The National Payments Corporation of India (NPCI) is set to consider linking the ATM interchange fee to the Wholesale Price Index (WPI), alongside a potential hike from the current 19 to 21-22, which could impact customer charges for transactions beyond the free limit.
The CBI has arrested a Delhi Police Crime Branch Inspector and a middleman for allegedly demanding a Rs 3 crore bribe to influence an investigation into a fake drug manufacturing case. A senior DGCA official is also under scrutiny for their alleged involvement in the bribery scheme.
Former Indian cricketer Yuvraj Singh is slated to become the batting coach for Delhi Capitals for the 2027 IPL season. This marks his first coaching assignment in the league, joining a revamped support staff under Sourav Ganguly, who will serve as Director of Cricket.
A man was detained in South 24 Parganas district, West Bengal, and over 1 lakh in cash was seized from his possession during a vehicle checking drive ahead of the assembly elections.
Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.
The CBI informed a Delhi court that Manisha Sanjay Waghmare, an accused in the NEET paper leak case, circulated question papers to students for money. The agency opposed her bail plea, stating students paid for leaked physics, chemistry, and biology papers. Waghmare's counsel argued against the allegations, citing no recovery of cash or incriminating evidence from her. The court reserved its order on her bail plea for June 9, amidst the ongoing investigation into the cancelled NEET exam.
Police in Jammu and Kashmir's Samba district have arrested two alleged drug peddlers in separate operations, recovering over 113 grams of heroin-like substance valued at more than Rs 50 lakh. The arrests are part of an ongoing drug-free campaign, with one accused identified as a notorious peddler. Authorities have reiterated their commitment to continuing anti-narcotics operations to curb drug smuggling.
The primary objective of introduction of polymer notes was to increase its life and not to combat counterfeiting.
A former Metropolitan Police officer of Indian origin has pleaded guilty to his involvement in a 'crash for cash' scam in the UK, involving fraudulent personal injury claims after staged vehicle collisions.
Jharkhand police have arrested 18 individuals, including six alleged robbers and 12 gamblers, in separate operations across Ranchi and Chatra districts. The arrests led to the recovery of stolen goods, cash, weapons, and vehicles.