Investments

SBI Mutual Fund Launches Magnum SIF, India’s New Specialised Investment Fund

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SBI Mutual Fund has launched Magnum SIF, its Specialised Investment Fund (SIF), on October 1, 2025, joining the new category of investment products introduced by SEBI earlier this year. The Specialised Investment Fund structure—rolled out by SEBI on April 1, 2025—is designed as a hybrid model that lies between traditional mutual funds and Portfolio Management […]

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Gold vs Silver: Where Should You Invest, How Much to Allocate, and What Are the Price Targets?

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As precious metals continue to shine in 2025, investors are weighing their options between gold and silver. Despite silver’s stronger rally so far this year, analysts largely favour a higher allocation to gold, citing its stability and safe-haven appeal. Performance in 2025 In the current calendar year (CY25), spot gold prices have soared 47.3% in

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Mutual Funds: How Much to Invest in SIPs to Build ₹1 Crore in 10 Years?

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If your goal is to accumulate ₹1 crore in the next 10 years—whether for retirement, buying a house, or other financial milestones—you need a disciplined investment strategy. While traditional options like fixed deposits or gold are safe, they may not grow fast enough to reach the target within a decade. A more practical route is

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Centre Notifies Rules for Unified Pension Scheme for Government Employees

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New Delhi: The Central government on Thursday announced that it has notified the rules governing service matters and benefits under the Unified Pension Scheme (UPS) for its employees. In a statement, the Ministry of Personnel, Public Grievances and Pensions said the Department of Pension and Pensioners’ Welfare has published in the Official Gazette the Central

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ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech

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