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Sebi open to revising cap on brokerage fees paid by mutual funds: Report

Sebi is considering revising the proposed cap on brokerage fees paid by mutual funds, following industry concerns over revenue and research access. The move is part of a broader revamp of the mutual fund fee framework aimed at enhancing transparency,…

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SGB 2017-18 Series delivers 316% return on maturity: RBI announces final redemption price and date for Sovereign Gold Bonds

The Reserve Bank of India has set the final redemption price for Sovereign Gold Bonds 2017-18 Series VI. These bonds mature on November 6, 2025. Investors will receive Rs 12,066 per unit. This represents a significant return on the initial…

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India’s services growth cools to 58.9 in October, inflation relief boosts business confidence

HSBC and S&P Global PMI shows moderation from September highs; input cost rise hits 14-month low, job gains remain modest

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Bajaj Auto Q2 Preview: PAT may rise 16% YoY as exports and premium mix drive gains

Bajaj Auto is poised for a strong Q2FY26, with PAT projected to rise 16% year-on-year. This growth is fueled by a significant export recovery, particularly in Africa and Latin America, alongside a richer product mix and favorable currency movements. Despite…

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US Supreme Court casts doubt on legality of Trump’s global tariffs

The U.S. Supreme Court is hearing arguments on President Donald Trump’s tariffs. Justices are questioning the legality of using an emergency law for these tariffs. The Constitution grants Congress the power to issue tariffs. The court’s decision could impact global…

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GST rationalisation impact: Higher RBI dividend expected to offset revenue shortfall; CareEdge flags tax pressure

Recent GST rate rationalisation is projected to cause a 0.1% of GDP revenue loss this fiscal year. However, a higher dividend payout from the RBI is expected to offset this shortfall. Analysts suggest that while tax inflows may moderate, fiscal…

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  • Pay commission: Here's what Mumbai BEST bus employees are demanding on salary increase, gratuity payments

    The Mumbai BEST bus employee unions have made multiple demands from the Maharashtra state government regarding salary hike, implementation of the 7th pay commission recommendations, retirement and gratuity payments.

  • 6th vs 7th vs 8th Pay Commission: Why the widening basic pay gap is drawing attention

    A widening pay gap is emerging as a key concern for the 8th Pay Commission. While salaries have increased across government services during earlier pay commissions, the rise in top-level basic pay has outpaced that of minimum pay, fuelling demands for a fairer, more balanced compensation structure.

  • Dearness allowance: Here’s why 20% DA hike is significant for West Bengal state govt employees

    Dearness allowance: Here’s why West Bengal's 20% DA hike is significant for state government employees and retired pensioners. Check here to see how much of the salary gap has been reduced…

  • Senior citizens can now earn up to 7.95% on FDs as Bandhan Bank revises deposit rates | Check tenure and other details

    Bandhan Bank announced competitive interest rates, raising.fixed deposit rates by up to 20 basis points. Senior citizens can earn up to 7.95% on two-to-three-year deposits. 

  • SEBI eases NISM certification norms for relationship managers, sales executives | Full details here

    Sebi has simplified the NISM certification process for sales and non-core staff in investment advisory roles, allowing them to obtain a lighter certification module based on feedback from market participants. This change aims to ease compliance for firms and will take effect immediately.

  • I asked ChatGPT if ₹5 crore is enough to retire in India. Here's what it said

    A 45-year-old professional in Delhi estimates that ₹5 crore can support his retirement. With anticipated post-retirement expenses of approximately ₹15.8 lakh annually, the corpus exceeds this need, demonstrating the importance of calculating future expenses

  • Earning 15 LPA? Here's how much you can save in taxes in new and old regime

    For salaried individuals earning ₹15 lakh a year, the choice between the old and new tax regime can significantly affect their tax outgo. Here's a detailed comparison of how much tax you may pay under each regime.

  • I asked ChatGPT: How much emergency fund a family really needs in 2026, here what the math said

    In 2026, a family in Noida should maintain an emergency fund of around ₹17 lakh, based on monthly expenses of ₹1.4 lakh. This amount provides a financial cushion for one year during unemployment, ensuring uninterrupted living costs.

  • Normal SIP, fixed top-up SIP, or variable top-up SIP: Which approach created more wealth over the years?

    The analysis shows that while a regular SIP can create significant wealth over the long term, investors who increase their SIP contributions periodically stand a much better chance of building a larger corpus.

  • Living in Bengaluru, Pune or Hyderabad? Your tax benefits just got bigger – What you need to know about new HRA rules

    The CBDT has revised HRA rules, expanding benefits for taxpayers in major urban areas and increasing compliance requirements. New metro cities added for HRA exemptions could lead to higher tax savings for employees in cities like Bengaluru and Hyderabad under the Old Tax Regime.

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