Sneha Kulkarni

Sneha Kulkarni Sovereign Gold Bond (SGB) investors who are planning to apply for the premature redemption of their respective SGBs before

1 / 6 Annapurna Yojana from June 1, 2026 The West Bengal government has launched Annapurna Yojana, a new financial

Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity amount than an SBI RD. The Post Office RD offers an estimated Rs 7.14 lakh, while SBI RD provides Rs 7.02 lakh. This difference means an investor earns approximately Rs 12,244 more with the Post Office option.

Filing your Income Tax Return is more than just a tax duty. It acts as a vital financial record. It helps in getting loans approved. You can claim tax refunds if you paid extra. Your ITR proves your income, especially for freelancers. It allows carrying forward losses to reduce future taxes. Many countries require it for visa applications.

SBI Card is revising reward point programs for PhonePe SBI Credit Cards, effective July 1, 2026. Both PURPLE and SELECT BLACK cardholders will face new monthly caps on reward points for PhonePe and online spends. Additionally, the SELECT BLACK card will exclude several transaction categories from earning rewards.

Reports of the Reserve Bank of India selling gold have been debunked by the central bank and the PIB Fact Check team. The RBI confirmed its physical gold stock remains steady at 880.52 tonnes. While the quantity has been stable, the value of gold reserves has significantly increased due to rising global prices, offering reassurance to investors.

Synopsis Gold prices remained largely unchanged at major jewellery chains today (Wednesday, June 3, 2026) even as international market uncertainties continued to influence gold investor sentiment.

Sneha Kulkarni SBI Card has announced changes to the reward point programme for select PhonePe SBI Credit Cards, which will come into effect from July 1, 2026.

Punjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This action aligns with global sanctions. The bank also announced the discontinuation of complimentary airport lounge access for its MasterCard Platinum Debit Cardholders from June 1, 2026. New fixed deposit rates are effective from the same date.

Sneha Kulkarni The Reserve Bank of India (RBI) has clarified that reports circulating in some sections of the media about the central bank selling gold are incorrect.