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India’s Balance Of Payments Deficit Rise By Over 6 Times To $30.8 Billion In FY26, Says RBI Annual Report
A BoP deficit occurs when the total foreign currency flowing out of the country exceeds the inflows received through trade, investments, remittances and other transactions. The RBI has said the widening gap led to a drawdown in foreign exchange reserves, with the entire deficit being financed through reserve depletion
The Supreme Court has held that casinos cannot calculate the Goods and Services Tax (GST) on the amount they have left after paying winning amount to players, because the tax liability arises on the placing of the bet, not after the payout is done. The ruling establishes that the bet itself triggers a GST obligation, rather than just net winnings
Stocks of food delivery and quick service restaurants (QSR) companies declined following an announcement by oil marketing companies (OMCs) to hike the prices of commercial liquefied petroleum gas (LPG) cylinders
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Calculate & Plan your future with ICICI Prudential Life's retirement calculator
For depositors, there is no real shift in how TDS on bank interest will be applied. The threshold-based system continues, and banks will deduct tax only when interest exceeds the prescribed limits
As motor insurance moves online, millions of Indian car owners are choosing cheaper premiums without understanding the exclusions and missing add-ons that can turn one accident or flood into a major financial setback
The dispute mainly centred around whether the taxpayer could be denied TDS credit only because he had not filed his return
Editor’s Note: The Metamorphosis That Can Benefit Your Portfolio
We need to acquire cockroach-like qualities of being adaptable and resilient to be able to conquer our fear of market volatility and its effects on our portfolios
India's Best Funds: Should You Continue Your SIPs, Diversify Into Global Stocks?
A list of top-rated mutual funds in terms of performance
OLM 50 Annual Report Card
While it is advisable to stay invested in volatile markets and not give in to panic selling, it’s also important to keep an eye on how your portfolio of funds is faring
7 Mistakes That Set You Back In The Crorepati Race
The difference between those who earn well and those who become wealthy is not necessarily intelligence, access, or even opportunity, it is behavioural errors and incorrect choices. Fixing those can be a sure shot way to achieve the crorepati goal
Full-Service Vs Discount Brokerages: Get Your Partner Right
The broking industry is now in a price-war phase, but cost is no longer the key differentiator. The choice will depend on how you plan to use a broking platform
SIFs Demand A Different Mindset From Investors, Says Kailash Kulkarni
SIFs are the new kid on the block. Kundan Kishore, deputy editor, Outlook Money spoke to Kailash Kulkarni, CEO, HSBC MF, to understand the nuances of these emerging investment strategies. Here are the edited excerpts from the interaction.
NPS Introduces New Payout Schemes: How Does It Work And Should You Go For it?
PFRDA has proposed a Retirement Income Scheme, RIS Steady, under NPS. The scheme allows regular payouts through two withdrawal options. We explain how it works and what you can expect
‘Awareness, Affordability, Discipline: 3 Keys To A Planned Retirement’
Retirement planning solutions must reach the middle- and lower-income groups, for whom the crisis is most acute
The Anxiety Of How Much Is Enough For Your Retirement
For years, personal finance conversations have focused on how much to build. But less attention has been given to what that number is meant to do once it is reached
Don’t Let Market Volatility Scare You
The stock market always pushes you to act irrationally. The key, however, is to not let your emotions get the better of you and force you to turn your paper losses into actual losses
The Rising Cost Of Fun
The need to indulge in fun activities is real for some individuals. The key is to balance out these wants-turned-needs by budgeting smartly and becoming a conscious spender
What Are Electronic Gold Receipts?
Electronic gold receipts are dematerialised securities backed by physical gold, which is verified for purity, and stored in vaults approved by the Securities and Exchange Board of India (Sebi). EGRs allows investors to buy and trade gold in smaller quantities, making participation easier. They also differ from ETFs as investors can withdraw physical gold against their EGRs from any of the different locations of the three Sebi-registered vault managers.
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City Union Bank revised its FD rates on May 29, 2026, ahead of the RBI’s MPC meeting in the coming week. The bank has raised the rates by up to 25 per cent for senior citizens and up to 20 bps for super senior depositors




































































