Business

Reserve Bank of India (ANI image) The Reserve Bank of India (RBI) has issued a draft proposal aimed at making cross-border payments more transparent and consumer-friendly. With this, the bank aims to address long-standing complaints about hidden charges and unclear pricing in foreign exchange transactions.A large number of individuals face difficulties while making overseas payments…

The Union Cabinet has approved the Delhi Metro Rail Project Phase-VA, paving the way for the construction of 13 new stations and extending the capital’s metro network beyond the 400-km mark, union minister Ashwini Vaishnaw said. According to details presented, the Phase-VA project will involve the construction of 13 stations, of which 10 will be…

Every solid portfolio begins with one core equity fund that can quietly do the heavy lifting for years. (AI image) You don’t need 15 funds; 4–6 well-chosen ones are enough for most investors.The most common portfolio problem I see these days is not “too little choice”. It’s a fridge stuffed with leftovers.Open a typical investor’s…

Representative image (AI-generated) The Income Tax Department on Tuesday issued a press release clarifying why several taxpayers have received emails and SMS alerts seeking a review of their tax deduction and exemption claims.The department urged taxpayers to review their deduction and exemption claims for the current assessment year and take corrective steps before the revised…

Let the fund manager take the call on your behalf by opting for dynamic bond funds. (AI image) Debt funds have offered a mixed bag in 2025. Credit risk funds delivered double-digit returns, and even short-term and medium-term funds gave decent returns of 7-7.5%, but long-term debt funds floundered at 2.8%. This has surprised everyone…

Asian stock markets edged higher on Wednesday, rounding off a strong year driven largely by gains in AI-related stocks, while commodities such as gold and silver extended their rally to fresh record highs as 2025 comes to an end.Overnight in the United States, Wall Street ended on a positive note, with the S&P 500 closing…

Experts are of the view that the stock market could see a year-end rally. (AI image) The story of Indian stock markets has been defined by the exodus of foreign investors in 2025. But in the last few sessions, foreign investors seem to be back on Dalal Street, with purchases of Indian equities seeing a…

The stock market is expected to hold firm at elevated levels and move within a narrow range, aided by supportive signals from global markets. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday. While Nifty50 was near 25,150, BSE Sensex was below 85,500. At 9:16…