Net inflows into gold ETFs dipped sharply in July, falling nearly 55% month-on-month to ₹1,559 crore, according to data released by the Association of Mutual Funds in India (Amfi). Gold ETFs saw an outflow of ₹725 crore in May 2026 before flows turned positive in June, with inflows worth ₹3,443 crore.
HDFC Mutual Fund and Axis Mutual Fund have resumed subscriptions in their respective gold ETFs, gold funds and gold ETF FoFs after Tata Mutual Fund and Aditya Birla Sun Life Mutual Fund announced resumption of subscription in their respective gold based funds. According to a notice cum addendum, HDFC Mutual Fund announced that based on…
The 8th Pay Commission begins its two-day visit to Chennai today, September 7, 2026. According to an official notice on the 8th Pay Commission website, the Chennai visit will be held on September 7 and 8. During the visit, the 8th Pay Commission will give eligible unions and stakeholders an opportunity to present their views,…
Many salaried employees assume that if no tax is deducted while withdrawing their EPF, the money is automatically tax-free. However, tax experts say that is one of the biggest misconceptions around EPF withdrawals. Suvarna Mishra, HR Director at Pluxee India, mentioned that understanding the distinction between TDS and actual tax liability is crucial before making…
Many EPF-related services, such as checking provident fund balance, filing claims, and updating account details, require you to log in to your account using your Universal Account Number (UAN). But if you have forgotten your UAN, then accessing these services can become difficult. The Employees’ Provident Fund Organisation (EPFO) allows its members to retrieve their…
The shares of GAIL India tumbled 5% on Monday even after the Maharatna PSU reported a consolidated net profit of Rs 4,665 crore for the first quarter of FY27, nearly doubling from Rs 2,369 crore reported in the same period last year. Sequentially, the surge in profit was even sharper, rising more than 214% quarter-on-quarter…
A retired income tax officer in Mumbai lost ₹51 lakh after fraudsters posing as police officers from Lucknow allegedly convinced him that he was involved in a money laundering case, placing him under ‘digital arrest’. The scammers then told him to transfer his savings as part of the purported investigation, PTI reported. The series of…