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Does foreign citizenship affect inheritance rights in India? Are NRIs allowed to inherit agricultural land legally? Check out.
US Fed's Michael Barr warns central bank may need to raise rates if inflation stays high
Federal Reserve Governor Michael Barr indicated potential interest rate increases if inflation remains elevated. He stated that the central bank might act decisively to raise rates. Incoming data will guide the decision on further monetary policy tightening.
Symbiotech, Hy-Tech fly high on mkt debut; Skyways Air disappoints
IPO action stays strong as Symbiotec Pharmalab and Hy-Tech Engineers post solid debuts, while ESDS Software and Priority Jewels see triple-digit subscription demand
EPFO has released monthly pension in Kerala amid Onam celebrations. Here's how subscribers can check their deposit and EPF passbook using the Umang app, official portal, SMS, WhatsApp or missed call.
Who is a non-audit taxpayer and who isn't? Why they have different ITR deadlines for AY 2026-27
With the 31 August ITR filing deadline for non-audit taxpayers over, the focus now shifts to taxpayers subject to tax audit. The rules differ based on the nature of income and activity, with separate compliance requirements and a later filing deadline for audit cases.
Banks shifting microfinance strategy, prefer lending to entities over direct borrowers: Report
Banks are increasingly selecting microfinance institutions for loans instead of individual borrowers, leading to a reclassification of microfinance loans as part of retail portfolios. Despite this trend, non-banking financial companies focused on microfinance (NBFC-MFIs) received considerable debt support from banks recently. However, the overall microfinance sector saw a decline in its borrower base, with higher loan amounts being distributed to a lesser number of borrowers.
Indian govt tightens sugar stock limit, cuts traders limit by half
Limit reduced to 200 tonne but Kolkata traders get exemption and can keep upto 400 tonne at any point in time
Defaulting on a bank loan: Can an individual borrower be jailed? Know the legal and financial risks
A missed EMI can have consequences beyond penalties and a lower credit score. Experts explain when a loan is considered in default, what banks can recover, whether family members are liable, and what happens to secured assets.
Ujjivan Small Finance Bank appointed Carol Furtado as interim chief executive officer. This appointment follows the sudden resignation of MD and CEO Sanjeev Nautiyal. Nautiyal stepped down from his position citing health grounds and requested early retirement. The Reserve Bank of India has approved Furtado's interim appointment for three months. The bank will now begin the process to find a permanent successor.
Struggling GoPro sells majority stake to optical maker Starman for $285 million
Starman Optical will acquire struggling GoPro for $285 million in cash. This deal aims to repay GoPro's debt and navigate market challenges. The acquisition will integrate Starman's optical transceivers into GoPro's product line. GoPro's consumer business will continue while tapping new markets. The transaction is expected to be finalized by the year's end.
US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concerns
U.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, while job openings rose slightly. Oil prices surged due to renewed Middle East conflict, reigniting inflation concerns globally. This led to a significant global bond selloff and increased Fed rate hike expectations. Yields on the 10-year and two-year notes hit multi-month highs.
Brigade Group opens PVR INOX Cinemas at Whitefield township; stock slips 2.2%
The multiplex spans roughly 42,000 sq. ft. across two floors and houses six auditoriums with a combined seating capacity of 949
US Treasury yields are rising Why does it matter?
Rising U.S. government bond yields are driving up borrowing costs across the board, directly affecting households, businesses, and government finances. Higher rates on mortgages and auto loans can dampen consumer spending and disrupt the housing market. Furthermore, companies will grapple with increased costs for new debt and projects, while global markets experience repercussions as U.S. Treasuries influence pricing worldwide.
Nifty Internet shines as new-age tech shrugs off market weakness
Nifty India Internet surges 8% in August as MSCI rejig and block deals lift new-age stocks, while IPO activity hits a yearly high
SAT dismisses Omaxe appeal against SEBI order over financial statement irregularities
Tribunal upholds market ban and penalties imposed by SEBI on company, promoters and other entities
Missing the 31 August ITR deadline for AY 2026-27 does not end your filing options. Taxpayers can file a belated return by 31 December, revise an already filed return, or seek condonation of delay in eligible cases.
Spike in onion prices likely to persist as drought hits Karnataka cultivation
Onion farmers have planted the crop in 68,000 hectares against 90,000 hectares year-ago in Karnataka, due to water scarcity.
Merger with ITC Infotech to help in big deals: Happiest Minds CEO
Combined entity will bring together digital engineering, cybersecurity and AI capabilities with strengths in SAP, enterprise applications and Industry 4.0 offerings
Bank locker theft: Will you get your money back if jewellery goes missing?
The Reserve Bank of India regulates the functioning of locker facilities in India and has laid down a regulatory framework, in addition to the operational rules of individual banks.
US bond yields reflect 'flat to down' inflation expectations, stronger growth, Bessent says
During a finance leaders' gathering in Asheville, US Treasury Secretary Scott Bessent emphasized the significance of recent economic indicators. He pointed out that current bond yields indicate a stable or declining expectation of inflation, while also signaling a robust acceleration in the growth of the United States economy. Bessent's insights were shared alongside discussions from the Group of 20 meeting.
Coal India records 5.5% growth in coal supplies to 60.60 MT in Aug'26
Coal India (CIL) increased its total coal supplies to 60.60 million tonnes (MT) in August FY 2026-27, registering a 5.50% growth over the 57.40 MT supplied during the corresponding month last year.
Adani Energy Solutions achieves highest ESG-score in utility sector globally
Adani Energy Solutions (AESL) today said that it has achieved the distinction of being the highest ESG-scored company globally in the Utilities sector as assessed by S&P Global, following the completion of S&P Global's latest Media and Stakeholder Analysis (MSA) review.
Oil up more than 2% as renewed US-Iran strikes stoke supply fears
Oil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interruptions from the vital Middle East region. In a concerning incident, two Saudi oil supertankers were targeted by projectiles in the Strait of Hormuz. Efforts are underway to negotiate a resolution to restore access to this crucial shipping route.
Indias data-centre boom may add just $9bn to GDP by 2030
Moodys says data centres would have an even smaller impact on employment, projecting a meagre 0.02% increase in jobs in India over the next four years.
Indias economic growth fails to boost market performance amid rising crude prices
The BSE Sensex closed at 76,944.28, down 12.99 points or 0.02 per cent, while the Nifty 50 slipped 24 points or 0.10 per cent to 24,055.80, extending losses for a second session
US stocks today: Nasdaq crashes over 1% as bond selloff, oil rise fuel inflation anxiety
Wall Street stocks fell as rising oil prices intensified inflation fears and pushed U.S. bond yields higher. The S&P 500 dropped 0.7%, while the Dow Jones fell 0.6% and the Nasdaq slid 1.4%. A sell-off in U.S. government bonds added to pressure on equities.
Mahindra & Mahindra Aug auto sales jump 42% to 1.07 lakh units
Total sales include domestic sales of 1,01,594 units (up 40% YoY) and exports of 6,054 units (up 71% YoY).
Rays of Belief IPO fully subscribed on day 1
The IPO received bids for 36,99,168 shares against 31,37,810 shares on offer, as per the data
September 2026 has several key income tax deadlines, including TDS payments on 7 September, a TDS certificate deadline on 14 September, the second advance tax instalment on 15 September, and multiple audit report deadlines on 30 September.
Ujjivan Small Finance Bank CEO Sanjeev Nautiyal has resigned due to health reasons, effective immediately. He will retire formally on 30 November. Carol Furtado is appointed interim CEO. The bank said Nautiyals tenure had helped strengthen several areas of its operations.
Mint Explainer | How local is Indias defence infrastructure, really?
With a focus on reducing geopolitical risks, Indias latest defence initiative seeks to localize the production of critical equipment, underscored by a new partnership to manufacture Javelin missiles.
Tata Elxsi, Sarla Aviation sign MoU to build Indias first indigenous eVTOL aircraft
The collaboration may also extend to sensor fusion-based navigation software, structural design and airworthiness test support
India bonds inch lower, joining global debt selloff
The Indian bond market saw a downturn, reflecting a broader global selloff in debt markets. Escalating geopolitical conflicts and soaring oil prices raised inflation fears in India, leading to intensified speculation regarding potential interest rate hikes by the Reserve Bank of India. Additionally, foreign investors experienced their first month of securities outflows in August. Yet, sufficient liquidity in the banking sector helped to stabilize bond demand.
Why Japan's 30-year high bond yields should worry Indian stock market investors
Japans 30-year high bond yields, hawkish US Federal Reserve policies, and rising crude oil prices are straining global liquidity. These factors exert pressure on Indian equities, challenging investor sentiment despite Indias resilient 7.8% GDP growth.
Kalpataru Projects arm incorporates Indian subsidiary to boost engineering operations
Linjemontage I Grstorp AB (LMG AB), a first-level step-down subsidiary of Kalpataru Projects, incorporates LM Operation Center India Private Limited on August 14, 2026
Form 1 is now live on the income tax e-filing portal for the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026. This one-time scheme allows eligible taxpayers to disclose foreign assets and income. Declarations can be filed until 31 December 2026.
Punjab transferred Sukhchain Singh Khera, key member of the state employees' protest, where over 150 employees' bodies and more than 3.50 lakh pensioners participated in one of the biggest mobilisations against the government.
ESDS Software IPO takes lead over Priority Jewels on final day
ESDS Software Solution IPO saw the QIB portion subscribed 258.87 times, while the NII portion was subscribed 191.52 times; the retail portion was subscribed 37.45 times.
Tata CliQ Luxury becomes exclusive online platform for Manish Malhotras fine jewellery
The collaboration positions Tata CLiQ Luxury as the exclusive online retail partner for this collection, complementing its availability at Malhotras flagship stores
Brokers Call: Medi Assist Healthcare Services (Buy)
InCred Equities
High-yield bonds pay more, but theres a catch: Who should invest and how much risk can you take?
High-yield bonds offer higher interest income but carry greater credit, default and liquidity risks than highly rated debt. Experts explain who should consider these bonds, what investors should check and how much exposure may be appropriate.
Sensex, Nifty, Share Prices Highlights: Indian shares edged lower on Tuesday as escalating Middle East tensions pushed oil prices and bond yields higher, while heavyweight banks reversed Monday's closing auction gains.
RBI intervention, dollar flows push rupee to two-month peak
The currency ended at 94.9500, up 0.2% from the previous close, notching its third consecutive daily rise.
NSE revises quantity freeze limits for index F&O contracts from Sep 1
Under the revised limits, the quantity freeze for Bank Nifty is 600, while Nifty and FinNifty have a limit of 1,800 each. Midcap Nifty has a limit of 2,800, Nifty Next 50 has a limit of 600 and NiftyFPI has a limit of 8,500.
Bank borrowings by the private corporate sector accelerated to 21.1% at end-June 2026
RBI has stated that Bank credit growth (y-o-y) accelerated to 16.5 per cent as at end-June 2026 from 9.9 per cent a year ago. Bank borrowings by the private corporate sector accelerated to 21.1 per cent at end-June 2026, marked up from 7.9 per cent in the previous year. The credit to public and household sectors also recorded robust growth of 14.6 per cent and 15.2 per cent, respectively, in June 2026.
Texmaco Rail rises after securing LOA for $135 million contract from Tsiko Africa Logistics
Texmaco Rail & Engineering added 3.67% to Rs 112.90 after the company announced that Tsiko Africa Logistics, together with Barberry Holdings, has issued a letter of award for a project worth $135 million.
Happiest Minds Technologies Ltd leads losers in 'A' group
Alok Industries Ltd, Indo Count Industries Ltd, EPL Ltd and Prudent Corporate Advisory Services Ltd are among the other losers in the BSE's 'A' group today, 01 September 2026.
Atal Realtech Ltd leads losers in 'B' group
Next Mediaworks Ltd, Shyam Telecom Ltd, Wonder Electricals Ltd and Usha Martin Education & Solutions Ltd are among the other losers in the BSE's 'B' group today, 01 September 2026.
Bank of India Credit Risk among top 5 mutual funds that beat fixed deposits in 1 year
Five debt mutual funds delivered higher one-year returns than conventional fixed deposits, led by Bank of India Credit Risk Fund with a 17.68% return. Aditya Birla Sun Life Credit Risk Fund, DSP Credit Risk Fund, Aditya Birla Sun Life Medium Term Plan and Bandhan Gilt Fund also featured among the top performers.
Finfluencers are shaping investment choices. How can investors separate advice from noise?
Finfluencers increasingly shape Indian investment decisions, but few are Sebi-registered. Heres what investors should know about stock calls, sponsorships, credentials, red flags and recourse.
Bank unions announce strikes on September 11 over unresolved issues
The United Forum of Bank Unions (UFBU), representing over 90% of Indias banking workforce, has announced strikes on September 11 and September 28-30, followed by an indefinite strike from October 26 if its demands are not resolved.
Indian Bank plans to open 100 branches and hire 2,500 employees in FY2026-27, focusing on expanding its presence in central and western India. The lender also targets lower NPAs and expects its gold loan book to cross 1.5 lakh crore.
ONGC, Oil India gain 2% in weak market as crude oil prices spike
WTI Crude Oil prices surged more than 3 per cent after the US forces struck Iranian rocket launchers near the Strait of Hormuz.
Nifty trades below 24,000 level; auto share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 296.22 points or 0.38% to 76,661.05. The Nifty 50 index lost 124.35 points or 0.52% to 23,956.05.
The NCDRC has ruled on a case involving an LIC policy assigned as security for a bank loan, holding that the insurer was not deficient in acting on the bank's surrender request. Here's what the order means for policyholders who use insurance policies as loan collateral.
SBI Gold among 5 equity mutual funds that deliver over 25% CAGR in 3 years; top 4 cross 35%
High-yield investments can hide a catch. Heres what income investors should know
Dividend stocks, Reits and InvITs can offer attractive payouts, but investors need to look beyond yield to cash flows, capital preservation, taxes and total returns.
Maruti Suzuki share price falls over 5% post tepid August export data
Domestic passenger vehicle sales rose 34.8 per cent Y-o-Y to 176,971 units. Exports, however, declined 7.4 per cent Y-o-Y to 33,844 units during the period under review.
HDFC Bank CEO Sashidhar Jagdishan will depart after his term ends next month. New chairman Rajiv Kumar sought aggressive changes and executive replacements. Jagdishan resisted some proposals and decided not to seek reappointment. The bank now faces a swift search for a new leader. This departure adds to recent turmoil and stock market struggles.
PPF real return is more than 7.1%: Here's the calculation most investors miss
PPF offers 7.1% interest, but eligible old-regime taxpayers may earn a higher effective return after factoring in the Section 80C tax benefit. Heres how the tax saving can push the effective annualised return to around 11%, and why the benefit does not apply to every investor.
MFs trim holdings in 12 stocks for 2 straight quarters; shares tumble up to 50%
28 stocks have declined more than 10% so far in CY2026, while 14 have seen their share prices fall between 25% and 50% in just eight months.
HSBC Mutual Fund's RedHex Hybrid Long-Short Fund has impressively reached a whopping Rs 1,000 crore in assets under management within just two months. This unique investment strategy has drawn in nearly 1,950 individual investor folios, providing an innovative blend of fixed income, equity arbitrage, REITs, and INVITs aimed at optimizing risk-adjusted returns. The fund's rapid growth illustrates an increasing interest in diverse mutual fund options.
Markets are cyclical; it's a good time to invest: Deepak Shenoy
Markets are cyclical and therefore will give you outsized returns in one year and undersized returns in another year. It's never always the same.
Silver futures rise to 2.4 lakh per kg
Build-up of fresh positions by participants led to rise in silver prices, analysts said
Religare Enterprises rises as Ashish Dhawan raises stake further
Religare Enterprises rose 3.36% to Rs 250.95 on Tuesday after investor Ashish Dhawan further increased his stake in the company through open-market purchases.
Every equity mutual fund delivers positive XIRR on SIPs in 5 years. Did you exit too soon?
All 219 equity mutual funds delivered positive SIP XIRRs over the last five years, with 165 funds generating double-digit returns. HSBC Midcap Fund topped the list with a 22.70% XIRR, while ITI Small Cap Fund and Bandhan Small Cap Fund followed closely. The analysis highlights how disciplined SIP investing can compound wealth over time.
Global Market: Eurozone manufacturing growth hits four-year high in August
Eurozone manufacturing activity expanded at its fastest pace in more than four years in August, with the PMI rising to 52.7 as new orders and factory output strengthened. Germany led the recovery, while France also expanded, although Italy and Spain remained under pressure. Improving confidence and easing input cost inflation offered further signs of a broader industrial recovery.
Gold futures decline to 1,54,252/10gm
Decline in prices of the yellow metal have been attributed to weaker spot demand
Todays Gold Rate in India September 1: Gold prices up in Delhi, Mumbai, Kolkata, Chennai, Bengaluru
22, 24 carat Gold prices up across metro cities on September 1
Apples 2,275% gain under Tim Cook is a tough act for John Ternus to follow
Apple CEO Tim Cook has handed over the reins to John Ternus after a 15-year tenure that transformed Apple into a $4.6 trillion company. The stock has surged 2,275% since Cook succeeded Steve Jobs in 2011, as he diversified Apple beyond the iPhone. Ternus now faces the daunting task of sustaining that growth and delivering further value to shareholders.
UK government bond yields surged on Tuesday, with the 10-year gilt yield hitting its highest level since 2008 as rising oil prices revived inflation concerns. The 10-year yield climbed to around 5.23%, while the two-year yield rose to 4.59%.
22, 24 carat Gold prices up across other cities on September 1
Graphite India surges 7%, HEG hits 52-week high; what's driving GE stocks?
GrafTech International, a US-based graphite electrode company, announced its decision to permanently close its graphite electrode manufacturing facility in Monterrey, Mexico.
Sensex, Nifty turn red; European markets open near flatline
The key equity benchmarks pared all recovery gains and traded in the negative territory in afternoon trade. The Nifty traded below the 24,050 level. Bank, financials and auto stocks led the decline while FMCG, IT and metal shares bucked the trend.
Global Market: AI could force central banks to rethink monetary policy
Artificial intelligence could fundamentally reshape financial markets and force central banks to rethink monetary policy communication and regulation, according to Princeton economist Markus Brunnermeier. He warned that AI-powered trading systems could anticipate policy decisions faster than humans, creating asymmetric understanding and potentially increasing market volatility and manipulation risks.
Tata Motors sells 44,411 CV units in August 2026
Tata Motors has reported total commercial vehicle (CV) sales of 44,411 units in August 2026, which is higher by 49% as compared with the sales figure of 29,863 units recorded in August 2025.
Oil India Ltd spurts 1.58%, rises for fifth straight session
Oil India Ltd is quoting at Rs 490.8, up 1.58% on the day as on 12:44 IST on the NSE. The stock is up 22.07% in last one year as compared to a 1.89% slide in NIFTY and a 9.65% slide in the Nifty Energy.
Mid-, smallcaps' outperformance vs Nifty hits 2026 high; analysts weigh in
The Nifty Midcap and Smallcap indices outperformed the Nifty 50 index by 14 percentage points and 21 per centage points respectively at the peak levels in calendar year 2026, shows data.
Ather Energy surges 130% in 2026, outpacing Tesla, BYD
Ather Energys strong stock performance reflects growing investor confidence in its expansion plans, new products and prospects in Indias electric two-wheeler market
HDFC Banks bonds fall to record low after CEOs shock exit
HDFC Banks newly issued dollar bonds fell to record lows as CEO Sashidhar Jagdishans unexpected exit intensified investor concerns over leadership succession and governance. The banks shares have also underperformed the broader market, though analysts say its fundamental creditworthiness remains intact. HDFC Bank is reportedly seeking an executive search firm to accelerate succession.
Happiest Minds shares fall over 10% after ITC Infotech merger, promoter stake sale
Heavy selling followed disclosures on the proposed transaction, with the stock touching 356.95 before recovering marginally from its intraday low
TBZ shares zoom 20%, hit upper circuit after GRT Jewellers open offer
TBZ shares surged 20% to hit the upper circuit after GRT Jewellers announced an open offer as part of a deal to acquire control of the jewellery retailer. GRT will buy a 74.12% promoter stake for up to Rs 1,033.71 crore, while the open offer covers the remaining 25.88% stake.
Titan to Kalyan: Jewellery stocks tank up to 7%; what dented their sheen?
Analysts attribute the decline in most jewellery stocks to profit booking by investors and an appeal by PM Modi to avoid buying gold if not needed.
Shein shares fall 10% after Hong Kong trading debut spotlights China roots
Shares in fast-fashion online retail giant Shein lost around 10 per cent after it began trading on Hong Kong's stock market Tuesday, after a long delay in the company's plans to list its shares publicly. Shein raised about USD 1.7 billion, priced at 48.56 Hong Kong dollars (USD 6.19) a share, in its initial public offering in Hong Kong in one of the city's biggest new share sales this year. Shein's Hong Kong listing marks a new starting point, said Leigh Gui, Shein's chief financial officer, in a short speech at its listing ceremony. But in early trading, the shares fell to around 44 Hong Kong dollars. Shein's appeal to customers has been built on ultra-fast, affordable fashion, delivered from China to the West in just days. The end of de minimis tariff exemptions in the US and the European Union has raised duties for low-value parcels from China, including Shein's products, as well higher logistics costs caused in part by the war in Iran, have squeezed the company's low-price
Nifty holds 24,000 at midday as IT gains, banking drag; crude above 8,250
Domestic equities remained range-bound as elevated crude prices, global bond yields and geopolitical tensions kept investor sentiment cautious.
1 trillion market-cap stock club swells 27% to 119 in FY27
Among the new additions, Laurus Labs saw its market-cap rise 92 per cent to 1.03 trillion from 53,546 crore as of March 30, 2026
M&M shares trade below open as strong August sales data fails to sustain early rally
Mahindra & Mahindra shares opened sharply higher at 3,367 but gave up most of the gains by midday, trading at 3,302 amid selling pressure.
Adani Power leads group rally as buying bets lift sentiment
Adani Power was the top gainer in the group, gaining 3.79% to 205.50
