The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.
JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore ($2.1 billion).
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
Students and families must stress test repayment capacity based on Indian salary standards.
The continued MF buying has pushed the equity holding of MFs to over Rs 50 trillion for the first time.
A former life insurance manager in Thane has been sentenced to two years in jail for defrauding people of over Rs 3.51 crore with false promises of high returns on stock market investments.
A doctor in Anantnag, Jammu and Kashmir, has been suspended following an inquiry into alleged large-scale procedural irregularities, including a pacemaker implantation scam where nearly 50 per cent of evaluated patients underwent unnecessary advanced cardiac surgical procedures. The inquiry revealed fraudulent insurance claims, patient exploitation, and manipulation of medical records.
'The day is not too far when the share of MFs alone will be greater than that of foreign institutional investors.'
The Telangana Prisons and Correctional Services Department facilitated the release of 91 life convicts who were granted special remission by the state government. The released prisoners include 85 men and six women, all of whom were found eligible for remission under the government's prescribed guidelines.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, officials said.
'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'
Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation.
Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.
The Enforcement Directorate (ED) has attached assets worth over Rs 22,000 crore in its money laundering investigation against PACL (Pearls Group), accused of running a Rs 48,000 crore ponzi scheme.
The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.
A Thane court has sentenced a financial advisor to two years rigorous imprisonment in a case of criminal breach of trust filed by a woman and imposed a fine of Rs 30 lakh on him.
Delhi Police have arrested two individuals involved in an investment scam where a local resident was cheated of Rs 1.60 lakh. The investigation has linked the accused to a broader cyber fraud network with transactions worth approximately Rs 68 lakh across multiple states.
A case has been registered against officials in Kaij Nagar Panchayat, Maharashtra, for allegedly misappropriating Rs 4.24 crore under the Pradhan Mantri Awas Yojana (PMAY). Funds meant for house construction were allegedly transferred to unintended beneficiaries.
The Congress party has accused Home Minister Amit Shah of launching an "onslaught" on the Opposition and "wrecking" Indian democracy. The party alleges that Shah is enticing elected representatives to join the BJP with significant incentives, a claim echoed by Shiv Sena (UBT) leader Sanjay Raut regarding Maharashtra MPs. This comes amidst reports of defections from other parties like the TMC.
The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.
A Thane resident was defrauded of Rs 93.30 lakh after being enticed into a forex trading scheme by two individuals, who have since been booked by the police.
'Investing in these funds makes sense if their net yield over better-quality funds -- corporate bond funds or banking and PSU funds -- is meaningful.'
'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.'
A former scheduled caste promoter of the Thiruvananthapuram Corporation was arrested in connection with an alleged Rs 75 lakh subsidy fraud under a self-employment scheme for women of the marginalised community.
Police in Belagavi, Karnataka, have arrested the operator of Shivam Associates, accused of running a multi-crore Ponzi scheme that promised high returns to depositors. The case has been registered under the BUDS Act and KPID Act, and will be transferred to the CID for further investigation.
Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. However, active banking funds have significantly lagged because of their heavy tilt towards private lenders.
Active equity mutual fund schemes have improved their showing across key categories over the past three months vis-a-vis their benchmarks.
A DRDO employee in New Delhi was defrauded of over Rs 15 lakh in a sophisticated online investment scam involving fake work-from-home tasks and promises of high returns. Police have arrested three individuals from Haryana and Rajasthan who played different roles in facilitating the movement of the illicit funds, with further investigation ongoing.
Tamil Nadu Governor RV Arlekar announced that the TVK regime, led by Chief Minister C Joseph Vijay, will take steps to ensure fair financial devolution from the Centre, including pursuing the matter in the Supreme Court. The government also plans to conduct a 'Social Justice Survey' and address the state's severe financial deterioration.
Three treasury employees in Hazaribag, Jharkhand, have been arrested for allegedly embezzling Rs 15.41 crore from government bank accounts over eight years, prompting criticism from the opposition BJP.
The West Bengal cabinet has approved the formation of two panels headed by retired judges to investigate alleged institutional corruption and atrocities against women and children during the previous TMC regime.
Police in Karnataka have arrested an individual running a firm accused of operating a multi-crore deposit scam, attracting investments with promises of high returns. The case involves Shivaanand S Neelanavar and his firm Shivam Associates, also known as Acumen, who allegedly failed to return money to depositors after promising a 36 per cent annual return.
Suvendu Adhikari, Leader of the Opposition in West Bengal, praised Prime Minister Narendra Modi's initiatives for women's empowerment, citing the Swachh Bharat Mission and PM Awas Yojana. He also criticised the Trinamool Congress government's handling of food distribution and women's security in the state.
A mother and daughter were found dead in Bengaluru, India, in a suspected suicide pact driven by mounting debt. Two other family members survived with injuries.
'It will take a long time to recover from the impact of this war.'
'Having a separate healthcare corpus is extremely important even for those already covered by health insurance.'
Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.
