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Indian electronics firm Eureka investigating findings of child labour at supplier
Authorities rescued four children from a New Delhi supplier, prompting investigations. Eureka Forbes and Havells are checking their supply chains for child labor. Hindustan Unilever denied the vendor was a business partner. The National Human Rights Commission ordered urgent supply chain checks. Companies profiting from child labor face serious allegations and scrutiny.
Gold rates today: Here is a look at the latest 22k gold jewellery prices at Tanishq, Joyalukkas, Malabar Gold & Diamonds and Kalyan Jewellers, along with India Bullion and Jewellers Associations (IBJA) indicative rates for different gold purities and 999-purity silver.
EPFO member alert: Over the past four years, inoperative Employees Provident Fund accounts have surged by eighty-four percent, with inactive balances witnessing a dramatic increase of one hundred sixteen percent. Furthermore, the average amount in these dormant accounts rose by sixteen percent. This trend indicates that many members are neglecting to file their claims after leaving service. To address this, the government is implementing steps to identify and revive these inactive accounts.
NRIs are allowed to invest in Indian equities and mutual funds but require NRE or NRO accounts, demat accounts, and specific permissions for stock market access. Details here.
States race to build Indias next GCC boom
JioBlackRock Mutual Fund files draft with Sebi for balanced advantage fund
JioBlackRock Mutual Fund has filed a draft with Sebi for a Balanced Advantage Fund investing dynamically in equity and debt. The scheme will allocate 65-90% to equities and 10-35% to debt. It will offer regular and direct plans, with a Rs 500 minimum investment, and use BlackRocks Aladdin technology for portfolio construction.
Independence Day 2026: The 79-year journey of a nation from charkha to chips
Independence Day: Story of India's technological rise now focuses on indigenous manufacturing and ambitious future goals. Digital public infrastructure and affordable smartphones fueled this significant technological evolution. Production linked incentive schemes drive electronics and semiconductor manufacturing growth. India aims to build, own, and export future technologies.
Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on Friday
Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.
Iraq's oil exports via Strait of Hormuz include Abu Dhabi's Adnoc, says SOMO director
Iraqs oil marketing company SOMO says Abu Dhabis Adnoc is one of the companies buying Iraqi crude and moving shipments through the Strait of Hormuz. Adnocs trading arm is also offering Iraqi oil to Asian buyers, while Iraqs crude exports through Hormuz have risen to around 2 million barrels per day. The increase underscores how heavily Iraqs oil trade with Asian markets depends on the strategically important waterway.
In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of minimal investment from fund managers. Analysts believe this surge is mainly driven by valuation factors, highlighting a cautious approach from growth investors who are wary of AI's potential effects on IT services. Current SIP investors are encouraged to remain invested, while newcomers should adopt a strategic method.
Got message to pay Rs 6,000 in tax? It may be fake
SGB 2019-20 Series III investors can opt for premature redemption from August 14, 2026, with RBI fixing the redemption price at 15,310 per unit. At the 3,449 issue price, the gold bond has delivered an absolute gain of about 344%.
Tax notice for using NRE a/c to buy property...
Best value funds to invest in August 2026
According to mutual fund managers, investors should invest a maximum of 20% in value funds. They also should remember that the market may not always pay a premium for value stocks.
TCS Share Price Live Updates: TCS Price and Returns Overview
8th Pay Commission: Latest 5 updates for central govt employees and pensioners
8th Pay Commission is consulting central government employee unions, pensioners and other stakeholders. Decisions on fitment factor, minimum salary, allowances and pension revision remain pending, with recommendations due by May-June 2027.
Bengaluru real estate 2026: 8 hotspots with new projects and prices for IT pros, investors and more
Delhi NCR developers tap fund houses for liquidity lifeline
Funds are partnering with Delhi NCR developers to acquire land and finish projects. This provides essential liquidity amid rising costs and market slowdown. Several developers are securing credit lines to maintain steady cash flows. Alternative Investment Funds are crucial for land acquisition in key growth hubs. Private equity inflows show a significant surge in the domestic real estate sector.
The company said that the partnership will combine Shraddha Diagnostics' regional presence, clinician relationships and expertise in routine diagnostics with LifeCell's scientific capabilities, specialised diagnostic portfolio and technology-enabled laboratory infrastructure.
Nikhil Kamaths conversation with Chinese battery experts explores whether India should build electric vehicles or focus on batteries. The discussion examines safety concerns around LFP batteries, the potential of sodium-ion and nickel-based technologies, the limitations of solid-state batteries and what India could do to reduce dependence on Chinas battery supply chain.
Gland Pharma appoints Dr Reddys senior executive Deepak Sapra as CEO
Gland Pharma has appointed Deepak Sapra as its new chief executive officer, with his tenure set to begin on November 16, 2026, subject to his acceptance of the offer. Sapra brings 27 years of executive experience, including over 23 years in pharmaceuticals, and currently leads API and Services at Dr Reddys Laboratories.
Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vault
In 1968, Indias Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exchange. Instead of reducing demand, the law pushed gold underground, with households hiding jewellery and smugglers building a parallel market.
Still holding paper shares? Why claiming is difficult and how to convert to demat
Investors in India who rediscover old physical share certificates, must convert them into demat holdings. SEBI's recent circular introduces a special window for eligible cases, along with simplified procedures for securities transmission. Details here.
Apollo Hospital Share Price Live Updates: Apollo Hospital's Daily Performance
Grasim Inds Share Price Live Updates: Grasim Inds. News
Dr Reddys Share Price Live Updates: Dr. Reddys reports a decrease in stock price
Bajaj Auto Share Price Live Updates: Bajaj Auto Stock Performance
Coal India Share Price Live Updates: Coal India Current Market Status
M&M Share Price Live Updates: M&M News
Adani Ent Share Price Live Updates: Adani Ent. Stock Details
NTPC Share Price Live Updates: NTPC's Financial Snapshot
Nestle India Share Price Live Updates: Nestle India stock shows minor fluctuation
Wipro Share Price Live Updates: Wipro Experiences Positive Price Breakout
IndusInd Bank Share Price Live Updates: IndusInd Bank's Price Movement Today
Bajaj Finserv Share Price Live Updates: Bajaj Finserv Stock Details
HDFC Life Share Price Live Updates: HDFC Life's Stock Performance
ICICI Bank Share Price Live Updates: ICICI Bank's Price Movement Analysis
Parliamentary panel seeks penalties for banks hosting multiple mule accounts
A parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates impacting payment providers' investments. The government is exploring a self-reliant revenue model for UPI's financial sustainability. Amendments allow charges on UPI and other digital payment modes. This aims to address a significant funding gap impacting infrastructure development.
Beyond early retirement, the real FIRE power of financial independence
While financial independence can be liberating, retiring early may feel hollow if it means withdrawing entirely from work or society without a clear end goal.
An Air India A320 flying from Phuket to Delhi briefly lost hydraulic control across all three systems, causing the aircraft to plunge about 300 feet and injure 24 people. Airbus initial flight-recorder assessment found the pressure drop occurred within one second, briefly affecting the ailerons and elevators and leaving pilots struggling to control the aircraft.
MFs cut PSU bank exposure, raise bets on IT, auto & pharma in July
In July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals for increased investments. Notably, financial services, particularly non-banking financial companies (NBFCs) and private lenders, received a surge in fund inflows. Conversely, stakes in public sector banks such as SBI and Bank of Baroda saw a decline, a strategic choice that underscores a preference for industries with stronger earnings visibility.
Factory sales of cars hit a July high
Indias passenger vehicle sales rose 34% year-on-year to a record 457,810 units in July, supported by improved affordability and strong CNG demand. Two-wheeler sales increased 23%, while three-wheeler volumes grew 33% during the month.
Air India to stay on expansion course despite challenges
Air India plans to add over 100 aircraft across the group in 2027 and 2028 while continuing its $400-million fleet retrofit programme. The expansion comes as the airline tackles higher operating costs, disrupted international routes and profitability pressures.
Tata Motors sells more in India, but JLR woes send profit crashing 80%
Tata Motors Passenger Vehicles June-quarter net profit fell 80% to 775 crore as JLR faced supply disruptions and weaker volumes, while higher commodity costs squeezed margins. Strong domestic passenger vehicle and electric vehicle sales helped consolidated revenue rise 9.3%.
Kerala to oppose Centre's Mines and Minerals Act amendments, calls it 'encroachment' on states
Kerala will oppose the Centre's mining law amendments which affect state revenue. The state argues curbs on tax powers erode constitutional authority and cause losses. Chief Minister VD Satheesan announced formal protest and legal remedies exploration. Parliament passed the Mines and Minerals Amendment Bill, 2026 recently. This amendment invalidates state levies not yet deposited or recovered.
India is swapping solo bites for group dining and healthier picks
Out-of-home food and beverage consumption is increasingly shifting towards group occasions. Solo consumption has declined while larger group consumption has significantly risen in recent years. Consumers are also prioritizing healthier snacks and drinks in their out-of-home choices. This trend indicates a more selective approach to eating outside the home. Companies are now focusing on unmet nutritional needs to drive future growth.
Delhi HC backs Zydus in trademark row
The Delhi High Court upheld a single-judge order against Alder Biochem. This ruling prevents them from using the 'Biochem' trademark. Alder Biochem's claim of the term being public property was rejected. Zydus Healthcare has held the registered trademark since 1959. The court's decision protects Zydus Healthcare's established brand.
Corporate cover rates decline amid ample capacity
Insurance rates for fire, cyber, professional indemnity and directors liability fell sharply in the June quarter as abundant capacity intensified competition. Marsh India expects the buyer-friendly market to persist, with companies using lower prices to secure broader coverage and higher limits.
Motilal Oswal puts Rs 1,500 crore into Inox Clean Energys expansion
Motilal Oswal Group committed 1,500 crore to Inox Clean Energy for growth initiatives. The investment uses compulsorily convertible debentures, offering hybrid capital benefits. This funding will support acquisitions and expansion of renewable power generation businesses. Inox Clean Energy plans a potential initial public offering within the next two years. The company has raised 5,300 crore in total funding since early 2026.
Urea import costs ease as India's fertiliser subsidy bill pressure set to ease
India's new urea tender is expected to secure the nutrient at lower prices. Rashtriya Chemicals and Fertilizers received bids significantly below previous rates. This development offers relief to the nation's substantial fertilizer subsidy bills. Global urea prices declined in May after an initial surge following the West Asia crisis. India, a major importer, sells urea to farmers at heavily subsidized rates.
SC seeks CCI response in Kerala State Beverages Corp case
The Supreme Court has sought responses from the Competition Commission of India and others. This follows an appeal by the Confederation of Indian Alcoholic Beverage Companies against KSBC. The industry body alleges unfair trade practices and discrimination in the liquor market. KSBC is accused of unilaterally fixing prices and levying additional charges. The court will hear the matter again on September 23.
Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEA
India's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline during the same period. Over nine months, vegetable oil imports rose, while edible oil imports increased by five percent. The import basket saw refined oil share drop to four percent from fourteen percent. Crude oil imports consequently increased to ninety-six percent from eighty-six percent.
Indian restaurants face regulatory crackdowns and calls for greater transparency. Regulators in Mumbai and Bengaluru have suspended licenses for hygiene and storage violations. This situation prompts consumers to consider cooking at home more often. Industry leaders emphasize prioritizing consumer safety and improving operational standards. Despite concerns, dine-in numbers are not significantly declining at present.
Sector leadership keeps changing, but the next opportunity may not be where investors expect. A decade of market cycles offers clues on how sectors fall out of favour, recover and eventually regain investor attention, with valuation and fundamentals holding the key.
Financial freedom isnt defined by a fixed 5 crore or 10 crore corpus. Inflation, debt, dependents, healthcare costs and retirement goals can significantly change the amount you need. Heres why your personal freedom number may be very different from what you expect.
Higher PF claims under EPS: Govt outlines 4 key measures to clear pending applications
The higher-pension process stems from the Supreme Court's November 2022 judgment, which upheld the right of eligible employees to opt for pension contributions based on higher wages, subject to the applicable conditions.
India urea import offers decline 12% as war supply squeeze eases
India's urea import offers dropped significantly, signaling market easing after war-driven tightness. Offers for the soil nutrient were twelve percent below June's purchase price. State-run producers received bids for millions of tons against tender requirements. Prices have crashed to less than half of earlier war-driven levels. Vessel traffic through the Strait of Hormuz has held below normal.
IndiGo launches new flight services from Vijayawada to Varanasi and Kolkata
In an exciting development, Union Civil Aviation Minister Rammohan Naidu unveiled new IndiGo flight services that link Vijayawada with Varanasi and Kolkata. The flights will operate every Tuesday, Thursday, and Saturday, generating considerable enthusiasm among passengers. Local MP Vallabhaneni Balashowry expressed interest in having direct international flights to Dubai and a connection to Kochi, as the Ministry of Civil Aviation aims to enhance Vijayawada's transport options.
Air India chief Campbell Wilson urged staff to do the right thing even when unobserved. He highlighted instances of employee travel privilege misuse and other violations since privatization. Around one thousand employees have been terminated for various rule breaches since January 2022. Systems and controls are being tightened to prevent and address abuse within the airline. Wilson will depart next month after leading the company through these changes.
Earning income from YouTube: Here's how Indian creators should calculate tax and file ITR
If you are an Indian content creator earning income from YouTube, it is important to understand how your dollar earnings should be converted, taxed and reported in your ITR. Knowing the correct rules can help you avoid errors and ensure proper tax compliance.
The plan is designed to address changing financial and healthcare needs across different stages of a woman's life, while offering additional flexibility in premium payments.
The NAV lag: Why your mutual fund platform and CAS values don't match
Your mutual fund value on a broker or wealth-management report may differ from the value shown in your CAS even when the number of units is the same. One possible reason is that the platforms may use NAV data from different dates to calculate the investment value.
How AI is saving elephants: Gajraj AI technology is helping strengthen wildlife protection near Coimbatore by reducing the risk of elephant-train collisions. With thousands of real-time alerts, the system enables train drivers to slow down or halt, allowing elephants to cross the railway tracks safely. The system has facilitated nearly 9,500 safe elephant crossings, with zero reported elephant fatalities on the monitored railway stretch. The AI-powered network also helps detect other wildlife species in the region, including gaur, deer and leopards.
Government plans to set up critical minerals processing parks across 4 states
India is embarking on a transformative journey with plans for four specialized critical mineral processing parks in strategic states, emphasizing lithium and nickelessential components for battery production. Spearheaded by state governments, this initiative aims to harness central technical support and is in line with the National Critical Mineral Mission's vision for self-reliance, propelling the country toward a sustainable green energy future.
Govt's Rs 7,280 crore rare earth magnet scheme draws 20 bids, including L&T, Coal India, ReNew
Twenty bids were received for the government's rare earth magnet manufacturing scheme. This initiative aims to establish 6,000 metric tonnes of domestic production capacity. The scheme will support industries like electric vehicles and renewable energy sectors. It seeks to build a complete value chain from oxide to finished magnets. The program will run for seven years after facility setup and incentive disbursement.
Grievances against pesky calls and messages have risen significantly since 2022. Most complaints are filed against unregistered telemarketers, data shows. Telecom connections of pesky callers were disconnected, but numbers fell recently. Action on sponsoring entities has seen a continuous rise in blacklisting. Registered telemarketers also faced blacklisting actions by authorities.
UPI MDR charges explained: What high-value transaction limit is govt considering?
The government is considering MDR on select high-value UPI merchant transactions to make the digital payments ecosystem financially sustainable. The exact transaction threshold and MDR rate are yet to be finalised, while P2P payments may remain free.
A 54 lakh cash deposit landed a Rohtak property dealer in a tax dispute after he failed to file an ITR and respond to notices. But documents showing the money belonged to property buyers, not him, changed the case and led the Delhi ITAT to delete the tax addition.
10,000 monthly SIP vs 10 lakh FD: Which investment could create more wealth in 15 years?
The choice largely depends on an investor's financial goals, risk tolerance and investment horizon.
Parliament approved the Mines and Minerals Amendment Bill, 2026, on Thursday. This legislation empowers the central government to regulate state taxes on mineral rights. Excessive fiscal burdens were cited as a reason for the new restrictions. The move follows a Supreme Court verdict allowing states to levy additional mining taxes. A uniform fiscal framework will guide future mining tax impositions across the nation.
Annapurna scheme: West Bengal CM Suvendu Adhikari said women earning more than 10,000 a month or belonging to families with an annual income of above 12 lakh would not be eligible for the scheme.
Tata Motors Passenger Vehicles will maintain its growth strategy and capex plans. The company's Managing Director confirmed no changes despite leadership transitions. Future plans include a 20 percent domestic market share by FY31. This involves nearly doubling annual volumes and launching new models. Production capacity will also increase significantly within a few years.
Gold shines despite duty hike, silver imports tumble 66% in July
Gold imports rose slightly in July, while silver imports significantly declined. This trend followed a sharp increase in the customs duty on precious metals. Switzerland remained the primary source for India's gold imports during this period. Cumulatively, gold imports grew substantially, but silver imports saw a decrease. These import figures impact India's overall current account deficit.
LG Electronics India sees bigger screens, premium appliances powering FY27 growth
LG India reported strong June quarter results with revenue up fifteen point five percent. Bigger television screens and premium appliances are driving current sales momentum. The company expects continued growth from larger screens and new product launches. Festive season demand and exports will further support the fiscal year twenty twenty-seven outlook. LG India retains its mid-teen revenue growth and double-digit EBITDA margin goals.
Uttarakhand To Launch Scheme Offering Free Online Coaching For UPSC, SSC, Banking Exams
The Uttarakhand government is set to launch the Chief Minister Yuva Bhavishya Nirman Yojana-2026, offering free online coaching for competitive exams to empower students in remote and financially disadvantaged areas.
Freelancers, gig workers: How to build financial stability amid irregular income and AI risks
Freelancers and gig workers need to diversify their services, create multiple sources of income and manage their finances carefully if they want to build a sustainable career
Do active funds really outperform passive ones? The answer depends on category and costs
A data-driven analysis of active and passive equity funds shows that the outcome varies by market segment. While passive strategies have an edge in some categories, active management can add value in others. Costs and fund selection also play a crucial role.
As India grows, so does its appetite for credit. But who is being left out?
Borrowing has evolved into a strategic financial decision in India, driven by strong credit growth and the rise of digital lending. This shift is transforming lending practices, making credit more accessible across demographics and regions, though significant untapped potential remains.
Mutual funds increase cash allocation by over Rs 7,800 crore in July to Rs 1.90 lakh crore
Mutual funds boosted cash holdings by over Rs 7,856 crore in July. PPFAS Mutual Fund held the largest cash reserve at Rs 25,291 crore. This fund house has three equity-oriented funds in its portfolio. Rajeev Thakkar noted cash levels have fallen from a peak of 25%. Other fund houses like SBI and HDFC also maintained significant cash reserves.
The minimum EPS-95 pension remains 1,000 per month, with pensioners demanding an increase to 7,500. The governments latest Lok Sabha response on 10 August did not announce a hike and cited pension fund sustainability and future liabilities.
Air India makes psychoactive substance testing mandatory for pilots after Phuket incident
Air India now mandates psychoactive substance testing for all pilots. This new internal measure enhances safety protocols beyond DGCA requirements. Previously, the airline followed DGCA rules for random testing of personnel. The Phuket incident prompted Air India to tighten its internal safety checks.
Fourth rail line approved through strategic 'Chicken's Neck' corridor: Official
A fourth railway line has been approved for the strategically important Chicken's Neck corridor. This crucial link connects the Northeast with the rest of India. Infrastructure initiatives include a nearly 29-km double-line underground project near Bagdogra. New local train services are planned from Jogbani, Radhikapur and Balurghat soon.
The government has warned Air India to take responsibility for safety after the August 4 Phuket-Delhi flight scare and ordered DGCA to tighten aviation personnels drug-testing rules. The regulator has been asked to expand mandatory testing and impose tougher penalties for genuine drug violations while allowing more chances in medicine-related positive tests.
JioStar banks on Premier League fandom with Humara Long Distance Love campaign
JioStar launches a new campaign celebrating Indian Premier League football fans. The campaign features Tiger Shroff and cricketers Sanju Samson and Riyan Parag. It highlights the passion and loyalty of fans supporting their favorite clubs. The 2026/27 Premier League season begins August 22 and runs until May 30.
The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparency to lending practices. Floating rate loans will see increased transparency and stricter reset periods. Personal and MSME loans from commercial banks must link to external benchmarks. These proposed changes are expected to take effect from April 1, 2027.
Do NRIs have to pay tax on interest earned in NRE, FCNR and NRO accounts? Know the rules
An NRI having NRE, NRO and FCNR accounts may have to pay tax on interest income. Here's when it applies and when it is exempt from tax as per income tax rules.
Which sectors attracted mutual fund interest in July? Check details
Mutual funds increased their exposure to technology, automobiles, e-commerce, healthcare, NBFC-lending and telecom sectors in July, while reducing weights in private banks, capital goods, utilities, oil & gas and other sectors.
Indias gem and jewellery exports rise 0.38% to $2.35 billion in July
Indias gem and jewellery exports remained nearly flat in July 2026, rising 0.38% year-on-year in dollar terms to $2.35 billion, while rupee-denominated exports increased 11.68% to Rs 22,511.64 crore, according to GJEPC data. Gold jewellery drove growth, with exports rising 8.73%, while studded gold jewellery jumped 21.36%.
FCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging strategies. However, experts warn that investors must be aware of currency and liquidity risks. While leverage can enhance profits, it can also lead to considerable financial losses. Additionally, taxation can bite into returns, so a careful assessment of post-tax returns and risks is essential before investing.
