Text-message-based fraud incidents surged 146% year-on-year as cybercriminals increasingly target mobile banking users with sophisticated social engineering, while higher-value fraud attempts highlight the growing need for advanced fraud detection.
Equity schemes rebounded after May's slowdown, gold ETFs saw robust inflows, while debt funds witnessed quarter-end outflows driven by institutional liquidity requirements.
A CoverSure analysis of over 1 lakh policyholders found that many Indians remain underinsured, with 63% unable to switch to better health plans after developing pre-existing medical conditions.
With Rozana SIP, investors can start with low-ticket investments starting from just Rs 10 per scheme per day, across different Axis Mutual Fund schemes.
The ordinance exempts foreign portfolio investors from capital gains tax and withholding tax on interest income from government securities, a move aimed at boosting overseas participation, improving market liquidity and lowering sovereign borrowing costs.
The feature enables users to securely monitor bank accounts, mutual funds, stocks, deposits, ETFs and NPS holdings through one consolidated dashboard.
March 2026 saw a marginal recovery in credit card spending on a sequential basis. However, y-o-y growth remained subdued at 9.0% versus 22.4% in March 2025, primarily due to the base effect.
India’s billionaire count rose 58% over the past five years to 207 in 2026, placing the country 3rd globally after the United States and China.
Bullion markets continue to trend higher and could maintain this trajectory in the near-term despite trading at elevated levels and experiencing bouts of volatility as risk-sentiment shifts.
The PFRDA has launched ‘NPS Swasthya’ under its regulatory sandbox, integrating retirement savings with healthcare access through a multi-partner ecosystem.
