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Gold demand drops 70% after sharp duty hike in India

Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13.

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Bank fraud amount surges to Rs 48,021 crore in FY26; digital payment frauds decline: RBI

Fraud cases under the card, internet and digital payments category fell to just 293 cases from 13,332 in FY25 and 28,836 in FY24. The amount involved in such frauds also declined sharply to Rs 29 crore in FY26 from Rs…

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RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulation

Reserve Bank of India’s currency printing costs dropped significantly in 2025-26. This occurred even as the total value of banknotes in circulation increased. The Rs 500 note remains dominant. Cash preference persists in India. The e-rupee’s circulation also saw a…

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RBI issued 64 draft master directions across 9 supervisory areas in FY26

The annual report further showed that the RBI issued 1,214 circulars during FY26 across banking regulation, supervision, financial markets, payments systems and foreign exchange management.

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RBI sees India's growth resilient at 6.9 pc in FY27 despite West Asia conflict risks

India’s economy is expected to remain resilient in 2026-27 despite rising geopolitical tensions and inflationary risks emanating from the West Asia conflict, the Reserve Bank of India (RBI) said in its Annual Report 2025-26.

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RBI sees 2026-27 inflation at 4.6%, warns of geopolitical risks

The RBI said inflation risks remain tilted to the upside amid ongoing geopolitical tensions, which could trigger spikes in global fuel and commodity prices, spill over into input and wage costs, and add volatility to the exchange rate.

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  • Moved abroad after retirement? How NRIs can submit their life certificate without making a trip to India

    EPS supports over 85 lakh individuals, many of whom may retire abroad. Pensioners must keep their Life Certificate valid. If you cannot use the digital route or appear in person to submit, here are some other options to consider.

  • Gold, silver prices today, 7 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 7 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • The best gift for your children isn't a house—it's optionality

    Real estate may offer stability, but liquid financial assets give the next generation the flexibility to adapt to changing life goals.

  • NPS for NRIs: What happens to your account when you move abroad? PFRDA explains

    Moving abroad does not automatically mean closing your NPS account. PFRDA allows NRIs to continue NPS Tier I through NRE or NRO accounts, but Tier II cannot be activated.

  • Insurance mis-selling: Retired professor gets ₹10.6 lakh; court says signatures alone don’t prove informed consent

    A Hyderabad consumer commission ordered a ₹10 lakh insurance refund to a 73-year-old retired professor after finding the policy was sold without free and informed consent. The bank and insurer were also ordered to pay ₹60,000 in compensation and costs.

  • India’s senior living market to grow 4x, cross ₹1 trillion by 2030, Tier II, III cities to see most new projects: Report

    India's senior living market is estimated to cross ₹1 lakh crore by 2030, nearly four times the current levels, according to a report by Colliers. The segment's expansion is drawing increased investment from real estate developers and investors, it added. 

  • AUM giants lose to smaller equity funds: The surprising gap in 1-year returns investors need to know about

    A fund with a massive AUM is not necessarily the one delivering the highest returns. A look at one-year performance shows why investors should not use fund size as a shortcut for choosing equity mutual funds.

  • 5 investment rules everybody must know: You don’t need to be Warren Buffett to understand these simple money basics

    Simple financial rules help manage expenses and investments for Indian households. You don’t need to be Warren Buffett to understand these simple money basics.

  • Retiring with ₹2 crore? Here’s how much you can withdraw every month

    A practical approach can be to keep a portion of the corpus in relatively stable and liquid investments for near-term expenses, while investing another portion for long-term growth

  • ITR: Have you filed income-tax returns but not received refund yet? Here's how to check status online

    Income-tax refunds are issued when the tax paid exceeds the actual liabilities after deductions. Today, we look at the timeline, likely cause of delay in receiving credit, and how to check status online.

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