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RBI#39;s stance on underlying exposure for FX derivatives unchanged: Report

The RBI had said in January that effective April 5, exchanges may offer forex derivative contracts involving the rupee to users “for the purpose of hedging contracted exposure”.

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RBI#39;s stance on underlying exposure for FX derivatives unchanged: Report

The RBI had said in January that effective April 5, exchanges may offer forex derivative contracts involving the rupee to users “for the purpose of hedging contracted exposure”.

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FO Manual | Market shows resilience amid volatile trading, experts suggest buy on dips

Nifty will continue to witness range-bound momentum until a close above 22,530 levels.

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This mutual fund facility gives you regular income. Here’s how

Systematic withdrawal plans can be a useful tool for generating regular income from investments but investors should carefully consider their individual financial goals, risk tolerance, and investment strategy before implementing an SWP

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Buy Coforge; target of Rs 7670: Sharekhan

Sharekhan is bullish on Coforge has recommended buy rating on the stock with a target price of Rs 7670 in its research report dated April 02, 2024.

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Japan downgrades tsunami warning after Taiwan quake

The JMA said waves as high as one metre (3.3 feet) could be recorded in the region following the earthquake. It had previously warned of an estimated maximum tsunami height of three metres.

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News

  • How to earn ₹20,000 per month using SCSS while getting tax benefits? Explained

    SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement. SCSS gives Indians over the age of 60 to have a secure and safe investment avenue.

  • Explained: Can you open more than one PPF account? Here's what government rules say

    Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back with interests without having to pay any tax.

  • UPI to withdraw PF? EPFO working on new app to make money transfer easy for you, reports claim — How it will work

    The labour ministry is working on a project under which a certain amount of PF money will be frozen, and members will be able to see a large chunk of their provident fund available for withdrawal through their bank using UPI.

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

  • How to ensure your retirement corpus does not run out early

    With proper planning, a little bit of caution and effort, you can have a smooth retirement. 

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