8th Pay Commission gathers pace: The Commission is inviting stakeholder feedback before finalizing recommendations on the fitment factor, salaries and pension reforms expected to impact over 1.19 crore beneficiaries.

Bank holiday today: Banks are closed across cities in India today on account of Muharram. In addition to the common national and gazetted holidays, banks in India could have local holidays and festivals off, as required.

Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.

Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.

Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.

Many professionals in their 40s discover that their biggest financial mistakes were not bad investments, but delayed decisions. By this stage, income is often at its peak, but competing obligations can make it easy to feel wealthy even as you fall behind on long-term goals.

Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.

UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection. 

Energy funds are thematic equity schemes that invest primarily in companies in the energy sector. These funds invest in oil & gas exploration, refining, power generation and distribution, coal mining, renewable energy, energy equipment, and financing companies. 

For good weather plus softer luxury pricing, aim for April, May, September, or early October.