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State Bank of India (SBI), the country’s largest lender, has revised interest rates on bulk fixed deposits, with the latest changes largely affecting shorter-term deposits of ₹3 crore and above. SBI has reduced rates on domestic bulk term deposits by up to 25 basis points (bps) for select maturities. The revised rates took effect on…
Both direct and regular plans of a mutual fund have the same portfolio and are managed by the same fund manager. The key difference is the expense ratio. Regular plans have higher expenses, which reduce their NAV compared with direct plans. Over time, the lower expense ratio of direct plans can translate into higher returns…
Madhya Pradesh Chief Minister Mohan Yadav transferred the monthly ₹1,500 instalment under the Ladli Behna scheme to more than 1.25 crore beneficiaries on Wednesday, along with an additional ₹250 as a Raksha Bandhan gift. The payments were made at a state-level event in Maihar district through direct benefit transfer (DBT), taking the total amount credited…
State Bank of India has updated service charges for Basic Savings Bank Deposit accounts, effective October 1, 2026.
Moderna shares rallied about 135% to $148.02 on Wednesday after its personalised mRNA cancer vaccine, developed with Merck, reduced the risk of melanoma recurrence and spread when combined with Keytruda in a late-stage trial, Reuters reported. The stock rose as high as $149.63 after closing the previous session at $62.96. Interim results from the ongoing…
Technology mutual funds have regained investor attention after a sharp rebound in July. As per the NSE website, the Nifty IT index rose 16.77% in July, reversing a 9.56% decline in June 2026. But should investors view the rally as the start of a sustained recovery and consider increasing their allocation? Find out here. How…
JioBlackRock Asset Management will launch regular mutual fund plans through distributors, adding a route for investors who prefer support.
If you invest or trade in the stock market, understanding how your income is taxed and which ITR form to file is crucial. The tax treatment depends on whether your activity is classified as investment or business trading. Siddharth Maurya, Founder and Managing Director, Vibhvangal Anukulara, has explained the key tax provisions and ITR filing…
Chartered accountant Anil Sagayanathan has sparked a significant conversation on LinkedIn. His post challenges a widely-held assumption about high salaries and financial security. Sagayanathan points to a striking shift over the past decade. A ₹25 lakh salary once provided genuine comfort and stability. Today, even a ₹1 crore salary”> ₹1 crore salary often leaves people…
Social media creators generally earn income through different platforms. A YouTuber may earn through AdSense, while an Instagram creator could receive money from brand collaborations. Affiliate commissions, memberships, Super Chats, platform incentives and merchandise sales can add to the earnings. While these may appear to be several small revenue streams, the Income Tax Department generally…