36 C 
Indias overall BoP turns into a deficit in the first two months of FY27
A BoP deficit can arise when a country imports more than it exports
IndusInd Bank integrates with the Employees Provident Fund Organisation
The integration enables organisations to select IndusInd Bank directly on the EPFO portal and complete their Provident Fund contributions, using the Banks Corporate Internet Banking and Mobile Banking applications
ICICI Lombard Q1 net falls 46% at 403.17 crore
The insurers net profit for the first quarter last fiscal stood at 747.08 crore. During Q1FY27, its net premium underwritten rose 17.70 per cent year-on-year at 6,603.73 crore from 5,610.52 crore in Q1FY26
Regulated entities will have to implement data governance framework: RBI
Data has emerged as a critical organisational asset for REs, underpinning business operations, customer service, financial reporting, regulatory compliance, risk management, and strategic decision-making
HDFC Life Insurance Q1 up 11.5% at 611 crore on growth in net premium income
The private sector life insurer had registered a net profit of 548.35 crore in the first quarter last fiscal
ICICI Prudential Life Q1 net jumps 28% to 386.18 crore
New premium income grows 14.65% to 9,749.33 crore in Q1FY27
Momentum Investing Decoded: The Right Time to Buy Winners!
Biji SS assumes charge as Karnataka Bank ED
Appointment is for a period of three years with effect from July 15, 2026
TVS Venus Home Credit India acquires Varthana for 967 crore to deepen lending play
The acquisition marks Home Credits entry into education-focused lending
Did you receive 8.25% EPF interest today in your account? Here's how you can check it
Employees Provident Fund Organisation members anticipate receiving 8.25 percent interest today. This interest payment applies to the financial year 2025-2026 for many subscribers. EPFO subscribers can check their updated balances through the UMANG app or SMS. The EPFO member e-Sewa portal also provides access to account details. Interest accrues monthly, ensuring no loss if credit is delayed.
1% TCS on car purchase: Forget claiming your money?
Tata AIG, Ujjivan Small Finance Bank partner to widen insurance reach
Tata AIGs insurance portfolio will be available across Ujjivans 776 branches spanning 335 districts in 26 States and UTs
NFO Alert: Sunil Singhania-led Abakkus Mutual Fund launches large & midcap fund
Abakkus Mutual Fund has launched the Abakkus Large & Mid Cap Fund, an open-ended equity scheme that will invest predominantly in large-cap and mid-cap companies. The NFO is open until July 29 and aims to generate long-term capital appreciation through a research-driven investment approach.
7 mutual funds made complete exit from 14 smallcap stocks in June. Check details
Seven mutual funds fully exited 14 smallcap stocks in June, including Ramco Systems, Gland Pharma and JM Financial, as fund managers reshuffled portfolios to actively manage investments and rebalance holdings.
The Pradhan Mantri Kisan Samman Nidhi scheme offers farmers income support. Eligible farmers will likely receive the 24th installment in October 2026. Completing eKYC is mandatory for receiving these crucial scheme benefits.
RIL, HDFC Bank, SBI among JioBlackRock Mutual Fund's top 10 stock holdings in June
JioBlackRock Mutual Fund's equity portfolio was led by banking majors HDFC Bank and ICICI Bank in June, with Bharti Airtel, Reliance Industries, Larsen & Toubro and Infosys also featuring among its top holdings. The fund house, which managed assets worth Rs 16,614 crore at the end of the month, maintained a diversified portfolio across financials, telecom, technology, industrials and metals, according to Prime Database data.
Home loan interest column for self-occupied house is disabled in ITR utility? Know what to do while ITR filing for AY 2026-2027. The reason for this is under new tax regime, home loan interest tax deduction cannot be claimed but in old tax regime it can be claimed. So check your ITR for tax regime.
Mutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Finance, and HDFC Bank. Conversely, Asian Paints, ICICI Bank, and SBI saw major reductions. In midcaps, JSW Infrastructure and Meesho were key additions by funds. Smallcap segment saw buying in Acme Solar Holdings and Craftsman Auto.
Japan to recognise cryptocurrency as financial assets
Move brings cryptocurrencies under stricter rules, including insider trading regulations and tougher penalties.
AP allows Old Pension Scheme for these employees
Billionbrains Garage Ventures Q1 profit jumps 94.3% to 735 cr, revenue rises 66%
Bengaluru-headquartered company had earned a PAT of 378.35 crore in the corresponding period last year
Got cash, shares as gift? Know when they are taxed
How NPS PRIDE-Disha helps track SIP returns
Mutual funds cut cash allocation by over Rs 4,500 crore in June to 19-month low
Mutual funds cut cash holdings by over Rs 4,563 crore to Rs 1.83 lakh crore in June, marking a 19-month low, as fund houses increased equity exposure amid a market rally. The move came as geopolitical tensions eased and crude oil prices declined. The Sensex and Nifty50 gained 2.98% and 2.06%, respectively, during June 2026.
10 bank transactions that can draw income tax attention even If you're not rich
ITR: How to download SBI, HDFC interest certificates
Rs 12 lakh political donation loses tax break
Mutual funds have reduced their technology sector allocation to 5.9 per cent. This marks an all-time low, reflecting investor caution and profit booking. Experts suggest this decline may present a long-term buying opportunity for investors. However, near-term volatility is expected due to global spending concerns. Diversified equity funds are recommended over concentrated sector bets.
Looking after ageing parents? Compare elder care services, costs and key questions to ask
When correlations break, can dynamic multi-asset funds offer investors better outcomes?
Bhautik Ambani, CEO, AlphaGrep, explains why modern investing must take into account the limitations of predicting the market, and instead turn to a more agile adjustment of allocation and risk in response to shifts in markets.
BPCL Share Price Live Updates: BPCL's Market Update
Taxpayers can check income tax refund status online via the e-filing portal. Common statuses like 'Refund Issued' and 'Refund Failed' require specific actions. Delays often stem from incorrect bank details or unverified returns. Mismatches in AIS and Form 26AS can also cause processing issues. The department may adjust refunds against outstanding tax demands after intimation.
Mutual funds boost equity bets in June, favour largecaps and private banks
Fund houses experienced robust equity inflows during June. Money managers favored large-cap stocks trading below historical averages. Private banks like HDFC Bank and Axis Bank were consistently purchased. Healthcare companies also received fresh allocations for steady growth. This investment trend was supported by easing geopolitical tensions and softer oil prices.
Mutual fund flows decoded: Why AMFI's monthly data matters for investors
Mutual fund flows show investor sentiment and money movement across categories. Consistent inflows suggest investor confidence, while outflows may signal caution. Equity fund inflows indicate more money allocated to stocks, but do not guarantee market rises. Fund flows help gauge market liquidity, not as direct buy or sell signals. Company fundamentals and other factors ultimately drive long-term investment returns.
Rupee breaches 96 to the dollar mark for the second time in two months
Fall came as US President intensified military operations against Iran, triggering a sharp rise in global crude oil prices
Governance overhaul: RBI to usher in principle-based framework for banks
To empower bank Boards to delegate routine matters to committees while retaining the ultimate accountability for business strategy, financial soundness and key personnel decisions
IRDAI mandates independent validation of insurers preparedness for implementing Ind AS
The requirement will apply inFY2026-27for insurers adopting Ind AS from that year and inFY2027-28for insurers that have been granted regulatory forbearance
Non-Resident Indians can invest foreign earnings in Indian rupees through NRE fixed deposits. These deposits offer tax-exempt interest and free repatriation of funds abroad.
Biocon among 4 midcap stocks that hit 52-week highs and rallied up to 21% in a month
Despite the Sensex falling 561 points on Tuesday, four BSE 150 Midcap stocksThe Phoenix Mills, Ipca Laboratories, Laurus Labs and Bioconscaled fresh 52-week highs, signalling strong buying interest and sustained bullish momentum amid broader market weakness.
NFO Update: Baroda BNP Paribas Mutual Fund launches a services fund
Baroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Services Fund, an open-ended thematic equity scheme that aims to capitalise on India's fast-growing services economy. The NFO is open until July 28.
Citi, others dial back India rate hike calls as inflation expected to stay moderate
Controlled inflation prompts economists to delay interest rate hike expectations. Retail inflation rose to 4.38% in June, exceeding the RBI's target. Core inflation remained around 4%, suggesting a lower annual average. This shift means the Reserve Bank of India may not tighten policy soon. Future rate hikes depend on sustained core inflation above 4.5%.
Godrej Finance to build 6,000 cr supply chain finance portfolio over the next 5 years
The new business will provide working capital finance -- through Dealer Financing, Vendor Financing, Purchase Invoice Financing and Sales Invoice Financing -- to support anchor corporates, dealers, vendors and suppliers
NFO Alert: The Wealth Company Mutual Fund announces launch of midcap fund
The Wealth Company Mutual Fund has launched a new midcap equity scheme. This open-ended fund will invest predominantly in midcap stocks. The new fund offer opens for subscription on July fifteenth and closes on July 29. It aims to provide access to established businesses with growth potential. The fund seeks long-term capital appreciation for investors.
Parag Parikh Flexi Cap Fund among 10 equity funds that received over Rs 1,900 crore inflows in June
HDFC Flexi Cap Fund, Nippon India Small Cap Fund and Parag Parikh Flexi Cap Fund were among the 10 equity mutual funds that attracted over Rs 1,900 crore each in net inflows during June, highlighting sustained investor appetite.
Up to Rs 33 lakh compensation under this RBI scheme
Only 1 international mutual fund remains open for fresh SIPs and lumpsum investments
Starting a new SIP in international mutual funds has become difficult, with Baroda BNP Paribas Aqua FoF now the only scheme accepting fresh registrations after 11 funds halted new SIPs. The restrictions stem from SEBIs overseas investment limits, which have constrained fund houses ability to accept fresh inflows. Existing SIPs continue as per original mandates, offering limited options for global diversification.
8th pay commission calculator: The 8th Pay Commission has concluded its Kolkata meetings and extended the employee data submission deadline. Central government employees anticipate salary and allowance increments as the commission prepares its recommendations. House Rent Allowance is a key component which is expected to be revised significantly. Senior government officials at Level 14-18 may see substantial HRA increases based on fitment factors.
Cupid shares jump 5%, multibagger stock turns Rs 1 lakh investment into Rs 87 lakh in just 3 years
Cupid shares have delivered substantial investor returns, reaching 8,700% over three years. The company manufactures condoms and IVD kits, operating a facility near Nashik. Strong revenue and profit growth are supported by exports and portfolio expansion.
Gold prices saw a slight decrease on July 14, 2026, across major Indian cities. Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers reported marginally lower 22k gold rates.
I want Rs 1 lakh/month from my Rs 1.15 crore PF and gratuity corpus; how should I invest?
ET Wealth Reader's Query: I will retire in four years. I have Rs 95 lakh in Provident Fund savings and expect Rs 20 lakh as gratuity. I have no liabilities. How to invest this corpus to get a monthly income of Rs 1 lakh?
SCSS vs MIS Post Office: Which gives higher returns on a Rs 5 lakh investment?
Ignoring mutation notice proved costly for Will
Capitalmind Flexi Cap Fund completely exited 10 stocks, including Vedanta Power and Vedanta Iron and Steel, in June while adding seven new names such as JSW Steel, Apollo Hospitals Enterprise, and Zydus Lifesciences. The fund increased exposure to five stocks and made no reductions elsewhere. It held 35 stocks across 13 sectors at the end of June.
The Reserve Bank of India has set the premature redemption price for SGB 2020-21 Series-IV. Investors can redeem these bonds prematurely from July 14, 2026, after five years. The redemption value is based on the average gold price over three preceding working days.
India receives revised bids from Fairfax, Emirates NBD for IDBI Bank stake sale
Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate reporting of overseas income. Schedule FA in ITR requires detailed reporting of foreign assets held. Non-compliance can lead to significant penalties and scrutiny from tax authorities. Accurate reporting ensures transparency and reduces potential tax disputes.
Debt mutual funds saw Rs 1.09 lakh crore in June outflows, driven largely by seasonal corporate treasury and advance tax-related redemptions, not weakening investor sentiment.
Quant Small Cap Fund achieved over 30% CAGR in seven years. This fund outperformed its benchmark and category averages consistently. Experts attribute its success to active management and timely sector shifts. Investors should align SIPs with long-term goals and asset allocation. Moderate SIPs are advised given current smallcap valuations.
Avenue Supermarts among 4 F&O stocks with sharp rise in futures open interest
A sharp rise in futures open interest indicates a significant increase in the number of active, unexpired futures contracts in a stock.
Best focused mutual funds to invest in July 2026
Focused equity mutual funds invest in a maximum of thirty stocks for potentially higher returns. These concentrated portfolios require careful stock selection by fund managers. Investors should be prepared for increased risk and a longer investment horizon. SBI Focused Fund and Sundaram Focused Fund are among the recommended schemes. Investors can track these funds for potential future performance.
Personal loan application rejected? Here are 6 real reasons banks said no & a 5-step fix-it plan
Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay but lowers future savings. Investing saved amounts in equities may offer higher returns over time. A disciplined approach to investing is crucial for long-term financial success. The decision depends on individual financial goals and risk tolerance.
What happens if you miss July 31, 2026, ITR filing deadline? Why you should not miss this due date
The belated Income Tax Return filing deadline for AY 2026-27 is December 31, 2026. Missing this date can result in losing tax refunds and incurring penalties. Late filing fees of up to Rs 5,000 will apply to delayed submissions. Failure to file can impact loan and visa applications significantly. Filing before the deadline ensures tax compliance and avoids additional costs.
As the due date for filing ITRs for AY 2026-27 approaches, many salaried taxpayers are finding that the ITR utility does not allow deduction under Section 80CCD(2) unless the employer's NPS contribution is first included in salary. This article explains why the ITR utility is designed to work this way by examining the relevant provisions of the Income-Tax Act, 1961 and dispelling some common misconceptions.
Six half-sisters have won their rightful share in ancestral properties. The Andhra Pradesh High Court rejected their half-brother's claims to exclude them. Their father had fraudulently obtained a relinquishment deed from their grandfather. The court ruled that the father could only relinquish his own share. This judgment confirms the daughters' entitlement to their father's property.
They cited four reasons for the inflows, including entire hedging cost on fresh FCNR(B) deposits (principal) being borne by RBI, providing Banks much respite on cost / spread front
Large NBFCs seek to grow gold loans via acquisitions
As of May-end 2026, their gold loan portfolio surged 69.9 per cent year-on-year (y-o-y) against 38.9 per cent y-o-y as of May-end 2025
Swamiinathan requests IOs to identify recurring issues, undertake root cause analysis and help implement remedial measures
Intellect Design Arena bags three NBFC customer deals
eMACH.ai Custody helps non-bank financial institutions to expand beyond their traditional brokerage, wealth management and capital markets businesses into custody and asset servicing
EPFO Amnesty 2026 Scheme for PF trusts: Eligibility, benefits, application process and key rules
The Employees' Provident Fund Organisation introduced a six-month Amnesty Scheme in 2026. This initiative allows employers to regularize their private provident fund trusts. Eligible establishments can either join the EPFO framework or continue as exempted trusts.
Market wrap: TCS, HCL Tech among top gainers and losers on Nifty and Sensex today
Sensex and Nifty recovered sharply from nearly 1% intraday losses to close marginally higher, led by IT stocks. Analysts cited strong FII inflows and technical support at 24,000, while warning that rising crude oil prices remain the biggest market risk.
Builders must repair structural and quality defects within five years of possession. Homebuyers can report issues and expect repairs within thirty days. If builders fail to act, homebuyers can seek compensation under RERA. Evidence like photos and expert reports helps prove defects. This RERA provision ensures builder accountability for project quality.
Tax exemption limits for many allowances
Gold prices saw a decline across major jewellery brands today. This offers some relief to buyers planning purchases of gold jewellery. Rates varied slightly across leading jewellers like Tanishq and Malabar Gold & Diamonds. The India Bullion and Jewellers Association also reported indicative retail selling rates. These rates reflect a decrease from previous days for various gold and silver purities.
Can dynamic allocation make multi-asset investing more resilient? Hear it from AlphaGrep Mutual Fund
Can a property buyer be evicted if the seller's title is forged or defective? Know what the law says
A Supreme Court ruling protected a buyer from criminal charges in a forged Will case. The court stated criminal liability requires buyer knowledge of the forgery. A buyer with registered title and possession cannot be automatically evicted. Civil court decrees are necessary for eviction after a full trial. Buyers can pursue civil and criminal remedies against fraudulent sellers.
10 major changes in ITR forms for AY 2026-2027 that you must know before filing ITR
New Income Tax Return forms for AY 2026-2027 introduce significant reporting changes. Taxpayers must now report futures and options trading turnover and income. Disallowance of MSME interest under Section 43B(h) requires specific disclosure. Partners in firms need to provide additional details on interest and remuneration. These updates aim to enhance transparency and compliance for all taxpayers.
Mastercard examines sale of UK payments subsidiary Vocalink, FT reports
Mastercard bought Vocalink in 2016 for 701 million ($937.38 million) from a consortium of British banks
Tata Capital to acquire 88.6% stake in Kerala-based Yogakshemam Loans
TCL will subscribe to equity shares of the unlisted, base-layer NBFC for an aggregate consideration of approximately 93 crore. As at March-end 2026, the target company had assets under management of approximately 708 crore
India Smallcap among top 5 smallcap funds with highest risk-adjusted returns. Check details
Bandhan Small Cap Fund leads with the highest Sharpe ratio of 1.05. Invesco India Smallcap Fund also shows strong risk-adjusted returns. Mahindra Manulife Small Cap Fund and Bank of India Small Cap Fund follow. These funds have delivered significant returns over the last three years. Investors can analyze these metrics for informed mutual fund decisions.
Bitcoin weakens as oil-price spike revives inflation concerns
Renewed hostilities between the US and Iran have heightened concern that rising oil prices could rekindle inflation and push up interest rates
GST fraud charge first, proof later: Madras HC
Sunil Singhania-backed Abakkus Flexi Cap Fund exited Vedanta, Vedanta Oil & Gas and Vedanta Iron & Steel following the group's demerger in June, while raising exposure to Vedanta Aluminium and Vedanta Power. The fund also increased stakes in 28 stocks, with its assets under management rising to Rs 5,300 crore.
Rupee feels the heat of escalating West Asia war; opens 39 paise weaker
The Indian currency opened at 95.72 per US Dollar against the previous close of 95.33. Currently, it is trading at 95.75
The real reason India's middle class can't get ahead financially and it's not their salary
