Bandhan Bank announced competitive interest rates, raising.fixed deposit rates by up to 20 basis points. Senior citizens can earn up to 7.95% on two-to-three-year deposits.
India curbs supply of IVF consumables to unregistered clinics
The move comes amid growing concerns over the proliferation of fertility centres in India, one of the world's fastest-growing IVF markets.
Centre drops satcom local sourcing from telecom rules, but ambiguity remains
The Centre removed a proposed 20% local sourcing requirement for satellite broadband operators like Starlink from its final telecom authorization rules, although industry sources said the obligation could still be enforced indirectly through satellite licence deals and security undertakings.
SEBI eases NISM certification norms for relationship managers, sales executives | Full details here
Sebi has simplified the NISM certification process for sales and non-core staff in investment advisory roles, allowing them to obtain a lighter certification module based on feedback from market participants. This change aims to ease compliance for firms and will take effect immediately.
G-Secs rally on RBI Governors rate hike comments; Brent crude oil price fall also lends support
Rupee closes 7 paise higher at 94.6650 per dollar
PMS inflows plunge 84 per cent in May on weaker fresh allocations
Gross inflows fall 44 per cent to 25,714 crore even as industry assets hit 42.5 lakh crore
I asked ChatGPT if 5 crore is enough to retire in India. Here's what it said
A 45-year-old professional in Delhi estimates that 5 crore can support his retirement. With anticipated post-retirement expenses of approximately 15.8 lakh annually, the corpus exceeds this need, demonstrating the importance of calculating future expenses
Earning 15 LPA? Here's how much you can save in taxes in new and old regime
For salaried individuals earning 15 lakh a year, the choice between the old and new tax regime can significantly affect their tax outgo. Here's a detailed comparison of how much tax you may pay under each regime.
Knack Packaging to raise 440 crore via IPO
Price band fixed at 161-170 per share
Indias E100 ethanol push could trigger 50,000 crore auto industry investment
Automakers could spend up to 50,000 crore on flex-fuel tech, testing infrastructure and supply-chain upgrades, even as analysts expect E100 vehicles to remain a niche segment this decade
I asked ChatGPT: How much emergency fund a family really needs in 2026, here what the math said
In 2026, a family in Noida should maintain an emergency fund of around 17 lakh, based on monthly expenses of 1.4 lakh. This amount provides a financial cushion for one year during unemployment, ensuring uninterrupted living costs.
ED flags major irregularities in Rajesh Exports foreign transactions probe
The ED also alleged that over 600 crore may have been siphoned through share manipulation using NRI benamidars.
The CBDT has revised HRA rules, expanding benefits for taxpayers in major urban areas and increasing compliance requirements. New metro cities added for HRA exemptions could lead to higher tax savings for employees in cities like Bengaluru and Hyderabad under the Old Tax Regime.
Why the government is defending E20 fuel after unveiling Indias E100 roadmap
Centres detailed defence of E20 petrol against viral claims reflects concern over consumer perception, coming after its E100 roadmap, as India pushes beyond blending mandates towards wider ethanol adoption.
Many retirees struggle to enjoy their wealth, often due to ingrained saving habits from an era of scarcity. They prioritize saving for children over personal comfort, leading to diminished quality of life.
Should NRIs in Dubai use a UAE foundation for succession planning?
A UAE foundation can help NRI HNIs preserve and transfer family wealth efficiently through a separate legal structure, but it should be integrated with a local will and a broader estate plan.
Nifty rebounds over 200 points as falling crude and trade deal optimism lift sentiment
Banking and IT stocks led the rally, while broader markets also posted gains
Room rent cap, co-pay, deductibles - Hidden policy terms that impact hospital bill payouts
Health insurance buyers often overlook important policy clauses that can impact claim payouts, such as co-payments and exclusions. Understanding these details is essential to minimize out-of-pocket expenses during hospitalization.
Global steel output slips in May
Chinas production declines 2.7%, while Indias crude steel output rises 1.9%
Harshad Mehta scam lessons: 5 investing mistakes retail investors still make today
Markets change, but human behaviour rarely does. The Harshad Mehta scam highlights five timeless investing lessons on due diligence, discipline, risk management and avoiding herd mentality, that can help investors make smarter financial decisions in today's stock market.
India's urban evolution over two decades showcases expanding metro networks, startup hubs, and smart infrastructure. A survey evaluates cities based on safety, education, employment, and cost of living to identify the top 10 best cities to live in India by 2026.
Sensex Today, Nifty 50 | Stock Market Highlights: Indian benchmark indices staged a strong recovery on Wednesday, with Sensex rising nearly 800 points and Nifty reclaiming the 24,000 mark. Gains in banking and IT stocks, along with easing crude oil prices, lifted investor sentiment.
What policyholders can do when critical illness claim for meningitis is rejected
A well-documented case supported by proper medical evidence can often help policyholders secure rightful claim benefits
Knack Packaging's 440 cr IPO to open on July 1; price band set at 161-170 per share
Proceeds from the fresh issue will be utilised for setting up a new manufacturing facility at Borisana, Kadi in Mehsana, Gujarat
Do SIP dates affect returns? 28-year Sensex study gives a clear answer
Across all 28 dates studied, average 10-year SIP returns ranged narrowly between 13.36% and 13.42%, indicating that the timing of a monthly SIP has no impact on long-term investment performance.
Skipping ITR filing in 2026 may lead to penalties, lost tax benefits and financial setbacks
Ignoring ITR filing in 2026 can trigger penalties, delayed refunds and lost tax benefits. Timely Income Tax Return filing helps protect your financial record, supports loan and visa applications, and ensures compliance with tax rules while preserving important tax advantages.
E20 is in your tank. Is your insurance policy keeping up?
Indias shift to E20 fuel hasnt changed motor insurance policies. For owners of older vehicles, the real risk lies in engine damage that may fall outside standard policy cover.
How income tax clubbing provisions on gifted money can work in your favour
A recent tax tribunal ruling highlights how income tax clubbing provisions can help taxpayers reduce their tax liability.
Can the tax department deny TDS credit if your employer defaults? ITAT answers
A recent Mumbai ITAT ruling has brought relief to salaried taxpayers facing tax demands due to their employer's failure to deposit TDS. The tribunal held that an employee cannot be penalised for an employer's default once tax has already been deducted from salary.
Top retailers pilot data-rich QR codes to sharpen private-label play
The pilots underscore how retailers are increasingly turning to technology to extract more value from their fast-growing private-label businesses.
Markets claw back losses; Trent, IndiGo surge as Bajaj Auto, Maruti drag
Private banks and retail stocks lead broad-based rebound amid volatility
PFRDA launches Pension Sahayak portal: File NPS grievances via mobile number, OTP in 22 languages
Pension complaints are now easier to resolve with the Pension Sahayak portal. PFRDAs AI-powered platform offers multilingual support, voice-based grievance filing, transparent tracking and faster complaint resolution, creating a more efficient pension grievance system for NPS subscribers.
Sensex jumps over 775 pts led by banks, financial rally
At 12.40 pm, Sensex traded 625.54 points or 0.82 per cent positive at 76,826.22, and Nifty 50 increased by 151.85 points or 0.64 per cent to 23,975.95.
Tata AIA launches factor-based index fund within ULIP framework
The fund selects 50 stocks from the Nifty 500 universe using four factors low volatility, quality, value and momentum and tracks a customised benchmark, the Nifty 500 Multifactor MQVLv 50 Index
Form 15G vs Form 15H explained: Who can submit these forms to avoid TDS on interest income?
Form 15G and Form 15H are self-declaration forms that allow eligible taxpayers to receive interest income without TDS deduction. Form 15G is meant for resident individuals below 60 years of age, while Form 15H is for resident senior citizens aged 60 years and above.
IRFC shares tumble nearly 6% as OFS opens for non-retail investors today; Govt to sell 2% stake
The sharp decline in the stock came as non-retail investors began bidding in the share sale, with the floor price set at 91 per share, representing a 7.79 per cent discount to IRFCs previous closing price.
Diamonds are forever. Their value isn't.
Diamonds may hold emotional value, but they rarely hold their worth in the secondary market.
EPFO update: How to check EPF balance, employer contribution and FY 2025-26 interest credit
A small EPF check today can protect your retirement savings tomorrow. Track EPF interest, monitor PF balance and verify employer contributions regularly to ensure timely deposits, accurate account records and better financial security for the years ahead.
8th Pay Commission: 5 major NC-JCM reforms could reshape central government jobs
A major push for change, the 8th Pay Commission is reviewing five key cadre management reforms proposed by NC-JCM. The recommendations focus on equal pay, faster promotions, vacancy filling, recruitment improvements and better career growth for central government employees.
Axis Bank prices its $300 million 5-yr Senior Unsecured Notes at a fixed rate of 5.348%
Moodys Ratings has assigned a Baa3 rating, with a Stable Outlook to the above referenced obligation, Axis Bank says in a regulatory filing
Honasa shares slip 3% after it announces acquisition of nutraceuticals maker Fluence Pharma
The stock opened higher at 429.05, before declining sharply, with sell orders outpacing buys roughly 70-30
Gold slips to two-week low as Fed rate-hike bets buoy dollar
Spot gold fell 1.1% to $4,064.01 per ounce, having earlier hit its lowest since June 11. U.S. gold futures for August delivery declined 1.7% to $4,080.80.
Foreign portfolio investors pour 35,000 crore into Indian bonds in June after tax exemption
FPI holdings in FAR securities stood at 3.58 lakh crore on Tuesday, up from 3.23 lakh crore on June 3
Zydus Wellness sets up EU subsidiary in Ireland to expand vitamins business
Zydus Wellness (EU) Ltd has been incorporated through the company's UAE-based subsidiary, Zydus Wellness International DMCC
Think you don't need to file an ITR? Check these 9 triggers first
ITR filing is not determined only by income levels or tax liability. Several financial transactions and asset holdings can independently trigger a mandatory return filing requirement.
Rupee falls 10 paise to 94.86 against US dollar in early trade
A sharp decline in global crude oil prices and FII inflows supported the local unit to prevent a sharper decline, forex traders said
Crude oil futures fall nearly 1% as Hormuz tanker traffic improves
At 9.29 am on Wednesday, September Brent oil futures were at $76.11, down 0.90%
Markets open cautiously; Tech stocks lead gains, Bajaj Auto drags
Sensex, which closed at 76,200.68 on Tuesday, opened at 76,229.76 and was trading at 76,338.00, up 137.32, as of 9.17 AM. Nifty 50, which ended at 23,824.10, opened at 23,795.80 and was quoting at 23,856.55, up 32.45 points
Does NAV matter when choosing a mutual fund? Here's what experts say
NAV is one of the most visible figures in mutual fund investing, but often the most misunderstood. Experts explain why it should not drive investment decisions.
US Dollar at over one year high as rate hike bets, stock rout boost demand
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, climbed to a high of 101.44, the strongest level since May 13, 2025.
CSM Tech IPO opens at 197-113 price band
Investors can bid for a minimum of 132 Equity Shares
Flat opening seen for Indian markets
Gift Nifty at 23,865 provides little cues for market direction. Ahead of holiday (Muharram on Friday) and NSE monthly F&O settlement (on Tuesday), traders will go light on their position, analysts said.
South Korean shares surge 4.1% as chip stocks recover
The KOSPI gained more than 330 points to 8,550.21 only moments after trading began at 0000 GMT, with SK Hynix gaining 5% and market bellwether Samsung Electronics jumping more than 9%.
Sensex today | Stock Market Live Updates: Stock to buy today: Meesho (187) BUY
Sensex Today, Nifty 50 | Stock Market Live Updates: Meesho share price can rise to 215
Indias insurgent brands swell but struggle to scale past 250 crore revenue
While the number of insurgent brands is growing, only a fraction are able to grow past 250 crore in annual revenue, according to an annual study by consulting firm Bain and VC fund DSG Consumer Partners.
PSU banks' stressed asset sales falter on legal risks, valuation gaps
PSBs conducted 2,72,208 stressed-asset auctions through the Bank Asset Auction Network (Baanknet) platform between 1 July 2024 and April 30, 2026. However, only 26,493 auctions drew bids, implying that over 90% of auction listings failed to receive any bid.
ITR filing 2026: Have foreign assets or income? Not reporting them may cost you 10 lakh
Indian taxpayers must disclose foreign income and assets in their income tax return each year to avoid penalties up to 10 lakhs. Deadline to report foreign assets, importance of such a disclosure among other details explained here.
Energy transition has become a key investment theme for Nikhil Kamath, co-founder of Zerodha Broking Ltd., as the US-Iran war reinforces the sectors importance and creates opportunities across its value chain.
Brokers body seeks carve-out for liquidity providers under RBI norms
Seeks interim relief from Finance Ministry ahead of RBIs July 1 lending norms, recommends SPAN-based test
RBI eases forex exposure rules for banks availing special swap facility
Lenders can now exclude hedged dollar transactions from their net overnight open position limits, making it easier to attract foreign currency inflows without regulatory penalties.
Kratikal Tech set to raise 40 Cr through BSE SME listing
The company will issue 29.40 lakh equity shares in the price band of 128-135 per share
RSS-affiliated farmer body seeks denotification of Bt cotton seeds
The announcement assumes significance as the US Trade Representative, Jamieson Greer, visits India for FTA talks, with GM crops remaining a key sticking point
Indian, global stocks turn weak as AI-heavy Korea plunges 10%
South Koreas Kospi plunged 10 per cent on Tuesday, briefly triggering a circuit breaker, and the shockwaves were felt acutely in Mumbai
Planning an International trip? You may not get entry to these countries without a travel insurance
Many international destinations now require travelers to have insurance coverage to enter, a trend heightened by the Covid pandemic. These policies help cover medical costs and emergencies, with uninsured tourists often denied entry.
Promoter co sells Vedanta shares worth 2,149 crore
Following the sale, Twin Star will hold about 40 per cent of Vedanta Ltd, while overall promoter ownership remains around 56 per cent
Indian govt says crops in 111 districts are most vulnerable to monsoon deficit
315 districts have been identified as potentially affected by weak monsoon conditions.
Calcutta Stock Exchange board meeting set for this month after revival proposal
Trading at CSE, one of Indias oldest bourses, was suspended by SEBI in April, 2013, following regulatory non-compliance
SpaceX falls below IPO price: How much of your money should be in futuristic tech?
Wall Street's tech stocks fell sharply as concerns about AI-driven gains grew. Nasdaq and S&P 500 dropped, with losses in semiconductor stocks and SpaceX leading the charge.
Government to sell up to 2 per cent stake in IRFC via OFS from Wednesday
The move is part of the governments broader disinvestment programme, which has already raised 16,480 crore in FY25 through stake sales in multiple PSUs and banks.
Radhika Gupta explains IPO funds: What investors should know about this niche mutual fund category
IPO funds are equity mutual fund schemes that invest primarily in recently listed companies. Rather than applying for individual IPOs, investors get a portfolio of newly listed stocks. As Radhika Gupta notes, Rather than figuring out which IPO to invest in every month, let a fund do it for you!
SpaceX stock down by 16%: Will your mutual fund investments take a hit?
SpaceX is experiencing a fourth day of stock losses amid a tech sell-off, dropping about 3% to $150. This follows a record $75 billion IPO last week, with investors concerned about AI enthusiasm. SpaceX has lost over $600 billion in value since the decline began.
Gold declines 3,000, silver tanks by 10,500 in Delhi amid dollar rally
In the international markets, spot gold slipped $70.33, or nearly 2 per cent, at $4,121.10 per ounce, while silver fell over 4 per cent to trade at $62.27 per ounce.
RBI eases TReDS norms to boost working capital access for small businesses
The final framework simplifies onboarding for MSME sellers, allows financiers to use government-backed credit guarantees to cover invoice exposures, and sets an updated 25-crore net worth baseline for platform operators.
What are focused funds? Meaning, investment strategy, key factors, benefits and risks
Focused funds are equity mutual fund schemes that invest in a limited number of stocks, allowing fund managers to take concentrated bets. These funds can invest in a maximum of 30 stocks and must allocate at least 80% of their total assets to equity and equity-related instruments.
Brokers Call: Gateway Distriparks (Long)
Equirus Securities
Nikhil Kamath sees energy transition stocks as key India bet
IT sector, among the worst performers in equity market, is one of Kamaths contrarian bets
Selling assets like shares, mutual funds, gold, or property triggers capital gains tax. Section 54F of the Income Tax Act offers exemptions if long-term profits are reinvested into residential property. Details here.
Raising a child varies significantly in cost across Bengaluru, Mumbai and Delhi. I asked ChatGPT to compare expenses across cities.
KOSPI meltdown drags Indian indices into red; Nifty falls 279 points
The IT sector bore the brunt of the selling, declining more than 2 per cent
Nifty IT Index falls 28% in a year: Should investors buy the dip or remain cautious?
Experts suggest that investors with a 3-5 year horizon may consider investing in Nifty IT Index Funds through the SIP approach, while those seeking short-term returns or lower volatility may prefer to stay on the sidelines until there is greater clarity on AI-led growth and technology spending.
AI chatbots can assist with financial advice but should not replace professional guidance. Their effectiveness depends on user prompts; poor questions may lead to inaccurate responses.
Sensex Today, Nifty 50 | Stock Market Highlights: Markets closed in the red as Sensex dropped 893 points and Nifty fell 278 points amid sectoral weakness in IT and metals. Pharma gained. Declines dominated advances, with nearly two-thirds of stocks ending lower across broader market segments.
Is your credit score enough for loan approval? Heres what lenders check beyond CIBIL
A strong credit score opens doors to better loans, but lenders now assess more than numbers. This article explains key factors behind loan approval, including income stability, repayment behaviour, credit utilisation, and overall financial health.
Rupee falls 11 paise to settle at 94.74 against US dollar
Rupee opened at 94.73 against the US dollar and traded in a range of 94.63-94.92 before settling at 94.74 (provisional), down 11 paise from its previous close
Waterways Leisure Tourism IPO subscribed 15% on Day 1
The retail investors portion was subscribed 0.77 times, while the non-institutional investors (NII) category saw a muted response with subscriptions of 0.03 times
