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Local funds' share rises in private credit market: EY report
Private credit investments were broadly similar to the second half of 2025 levels of $3.4 billion, with refinancing, holding-company funding and acquisition financing serving as key drivers of activity. The growing share of domestic capital is one of the most significant developments in India's private credit market, Vishal Bansal, partner, debt and special situations, EY India, said.
Consumption funds have delivered widely different returns over the past three years, despite focusing on the same broad theme. Find out what drove this divergence, the role of stock selection, key sectors, and the risks investors should consider.
Bitcoin and Dogecoin have emerged as the most popular crypto pairing among Indian investors across age groups, according to a report. While younger investors are driving new participation, older investors display stronger buying conviction and greater portfolio diversification.
Joint FCNR (B) accounts for NRIs: Eligibility, mode of operations and key rules explained
NRIs are permitted to open and maintain FCNR(B) accounts jointly with eligible resident relatives, subject to certain conditions.
Domestic air passenger traffic slips 4.80 pc to 1.20 crore in Jul: DGCA
Domestic air passenger traffic saw a slight decrease in July compared to last year. All major Indian airlines experienced a drop in their passenger load factors. IndiGo and Air India group increased their market share during the previous month. Akasa Air and SpiceJet witnessed their market share decline. IndiGo reported the highest on-time performance among domestic carriers.
Gold loan jewellery stolen from bank? Consumer court ruling explains your compensation rights
A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay 88,362 with 9% interest, plus compensation.
Income Tax Returns (ITRs) are essential for lenders to assess borrowers' financial stability. Taxpayers should monitor communications from the Income Tax Department post-deadline for any discrepancies in filings. While minor errors can be resolved, serious issues may lead to scrutiny.
The RBI has cut short the deadline for its special FCNR(B) deposit swap facility to 31 August from 30 September. With the window closing soon, NRIs need to weigh the potential benefits of higher foreign currency returns against the lock-in and liquidity considerations.
Urban co-operative banks may be limited in size but face risks far beyond their physical footprint, RBI Deputy Governor Swaminathan J said. He flagged cyber threats, digital fraud and dependence on external service providers as key vulnerabilities, urging stronger safeguards, continuity planning and shared infrastructure to bolster UCBs resilience.
Consistency beats quick fixes 5 simple habits to build a bulletproof credit score
Credit score assessment relies heavily on four pillars: your track record of repaying debts, the proportion of available funds you currently use, the longevity of your active accounts, and the frequency of your recent loan applications.
India calls for joint advocacy for standards in international telecom, ICT bodies
India advocates for BRICS nations to build institutional capacity together. Member states should jointly advocate for fair international telecom standards. India offers open-source frameworks for digital public infrastructure to member states. This infrastructure enables banks and government departments to build services. Digital public infrastructure is essential for sustainable development across the Global South.
Axis Direct data reveals a 53% rise in Gen Z investors aged 18-30, with significant growth in Tier-2 cities. Women now represent 13% of new additions.
Mumbai suburban rail network to get 238 AC EMU rakes by 2030
Indian Railways will prioritise manufacturing 238 AC EMU rakes for Mumbais suburban network, with production beginning in 2027 and the full fleet due by 2030. ICF will build 120 rakes, RCF 71 and MCF 47. The move aims to synchronise rolling stock availability with infrastructure commissioned under MUTP.
UAE companies keen to invest in Rajasthan hospitality sector: UAE Ministry
Rajasthan's Chief Minister invited United Arab Emirates companies to invest in key sectors. He highlighted the state's rich heritage and tourism potential for investors. The government pledged full support for companies seeking to invest in Rajasthan. Bilateral trade between India and the UAE has exceeded one hundred billion dollars annually. UAE companies expressed keen interest in Rajasthan's hospitality sector.
Gold too expensive! Young India is turning to 9-carat jewellery | All you need to know
Experts found that, unlike 14-carat jewellery in its early days, the 9KT category is gaining awareness and trending in line with expectations.
How to find the best mortgage: Compare home loan rates of leading Indian banks
State-backed lenders often provide competitive interest terms based on loan brackets. Bank of Maharashtra offers interest rates ranging from 7.00% to 9.90%, while the rates at Central Bank of India range between 7.00% and 9.15%.
Aditya Birla Capital to enter gold loan market, target 1,000 branches
Aditya Birla Capital will enter Indias competitive gold loan market with 200-300 dedicated branches by March 2027, followed by a target of around 1,000 branches over three years. The move comes after Tata Capital and Godrej Capital entered the segment, as diversified non-bank lenders expand secured lending portfolios.
Private credit deals drop 61 pc to USD 3.5 bn in H1 2026: Report
Private credit deployments saw a sharp 61 percent drop in early 2026. This decline occurred amid a volatile macro economic environment and shifting fund dynamics. Domestic funds led nearly three-fourths of the deployments during this period. Real estate remained a favored investment sector for private credit funds. Regulatory changes and bank credit growth also influenced private credit volumes.
Income Plus Arbitrage FoFs combine debt and arbitrage strategies, but their tax treatment can differ from that of debt funds. For investors in higher tax brackets, this difference could affect the returns they ultimately take home. Find out why.
Credit cards now offer valuable perks like complimentary airport lounge access, which is becoming harder to obtain for free due to banks tightening policies. However, some cards still provide unlimited access without spending thresholds. Check details
Filing ITR by 31 August? Know the right forms for taxpayers with business or professional income
With the 31 August ITR deadline approaching, business and professional taxpayers need to know which return applies to them and which supporting tax forms may be relevant. From ITR-3 and ITR-4 to TDS and audit-related forms, heres what to check before filing.
Eternal, Adani Enterprises and TCS among top 10 stocks with biggest rise in MF holdings in July
Mutual fund SIP inflows rose 12% YoY to Rs 31,961 crore in July, while SIP accounts increased 12.5% to 10.63 crore. Franklin Templeton India highlighted strong inflows into flexicap and multi-asset funds, along with rising passive fund AUM and broader growth across the mutual fund industry.
Equity and passive funds gain prominence as investor allocation shifts over 5 years: ICRA Analytics
Over the past five years, mutual fund assets under management have experienced remarkable growth, primarily fueled by the popularity of equity and passive funds. The surge in passive fund folios, which saw an increase of more than five times, highlights a growing preference among investors for low-cost investment options. In contrast, debt fund folios grew only marginally, emphasizing a significant shift in investor focus towards equity and passive investment strategies.
Selling gold can incur capital gains tax as they are considered as a capital asset by the income tax department. Here's whether you can eliminate or reduce your tax liability by investing the proceeds into new gold jewellery.
Why the simplest investment advice Is the hardest to follow
Indian equity mutual fund inflows have fallen nearly 30% over two years despite no crash, illustrating why simple investing advice is intellectually easy but emotionally hard to follow.
Section 54F tax exemption with 2 houses? Steps to claim benefit after share sale explained
Section 54F exemption: Explore steps to claim tax benefit following share sale in case of 2 houses. Chartered accountant Mahesh Nyak answered how one can claim exemption through HUF transfer.
How Zero Balance Account opening online simplifies banking for students?
Students often look for bank accounts that are simple, flexible and easy to manage. As a result, many choose to open a zero balance account online as it does not require maintaining a minimum balance and can be opened easily through a digital process. Read on to find out more about how a zero balance... The post How Zero Balance Account opening online simplifies banking for students? first appeared on Northeast Today .
Reserve Bank of India (RBI) governor Sanjay Malhotra recently asked banks to leverage advanced technologies, including Artificial Intelligence (AI), to expand their reach. While it is important to streamline complex workflows, detect fraud in real time, and deliver personalised customer service, Rohit Arora, CEO and co-founder of Biz2Credit and Biz2X, believes jobs will also be at risk because many operational roles in the banking industry involve structured, repetitive processes.
Capitalmind Flexi Cap Fund exits Vedanta and 10 others; adds 9 stocks
Deepak Shenoy-backed Capitalmind Flexi Cap Fund exited 11 stocks, including Vedanta and Vedanta Oil and Gas, and added nine stocks, including Radico Khaitan, in July. The fund also increased exposure to 17 stocks while reducing its stake in two stocks during the month.
India's family office ecosystem is poised for significant growth, with assets estimated at 70,000 crore in 2024 and projected to grow 1.5 times in three years. Here's a list of investment avenues that are gaining traction among the country's richest families.
IT stocks extend gains for second day; Coforge, Infosys, Persistent Systems rise up to 3%
IT stocks extended gains for the second straight session, with Coforge and Persistent Systems leading the rally. Infosys, Wipro, TCS and Tech Mahindra also traded higher, lifting the Nifty IT index nearly 2%. The rally was driven by value buying amid a weaker rupee, with Indian IT stocks continuing to outperform global tech peers.
Indias rousing $14.8 billion coaching industry story gets 'vidyapeeth' partner
Indias competitive-exam coaching industry is entering a new phase as Prime Minister Narendra Modis free online coaching push meets a rapidly expanding private test-prep market. With the $14.8 billion industry projected to reach $2326 billion by FY30, major players are already moving beyond Kota and other traditional hubs into Tier-2 and Tier-3 cities. The shift could make preparation more accessible for students, but also intensify competition among coaching companies as they balance digital access with the demand for quality physical classrooms, teachers and infrastructure.
Warner Music Group to open Bengaluru technology hub
Warner Music Group is opening a new technology hub in Bengaluru next month. This facility will support global engineering, data infrastructure, and artificial intelligence initiatives. Mahesh Rao is leading the expansion, focusing on core data and audience products. The company is investing in local leadership and modern technology stacks. Bengaluru will play a central role in WMG's global engineering strategy.
Gold rate today: Gold prices surged in various major Indian cities as jewellers adjusted their rates for 22k gold jewellery, marking a noticeable increase from the previous day. Noteworthy brands such as Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers are reflecting these heightened prices.
A national seminar at IIT Madras focused on enabling Indian MSMEs to tap global markets. Policymakers and experts discussed digital commerce, technology, and export procedures for small businesses. The event highlighted innovation and academia-industry collaboration for enhanced competitiveness. Discussions covered trade finance, international market access, and regulatory compliance for exporters. This initiative aims to strengthen MSMEs' market access and digital adoption for global expansion.
Lupin arm to commercialise YUVEZZI eye drop across key European markets
Lupin's VISUfarma BV has secured exclusive rights for YUVEZZI in key European markets. This ophthalmic product treats loss of clear close-up vision in adults. VISUfarma will undertake regulatory activities and commercialization of the eye drop. The agreement includes a strategic investment and potential milestone payments. YUVEZZI represents a significant advancement in eye care for presbyopia.
How a low-budget fever dream sparked a Chinese box office revolt
The indie animated film 'Niu Lai' has captured the hearts of audiences across China, achieving unforeseen box-office success. About an endearing baby cow, this low-budget production has inspired a surge of merchandise sales. Its success stems from its heartfelt authenticity, steering clear of excessive marketing tactics, thus resonating with viewers who long for real connections.
Tata Group-owned IHCL announces opening of Taj Palace Lucknow
Indian Hotels Company has opened its second Taj hotel in Lucknow. Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the new 181-key Taj Palace hotel. This expansion reflects the state's growing economic and tourism prominence. IHCL now boasts a strong portfolio of sixty hotels across Uttar Pradesh.
The Iran war energy crisis is just getting started
The ITAT deleted a 2.33 crore tax addition after finding that Bhupendra Flour Mills had recorded earlier cash withdrawals of 2.325 crore and the Income Tax Department could not prove the money was used elsewhere.
Prudential HCL Health Insurance starts operations in India
Prudential HCL Health Insurance has officially begun its operations today. The joint venture, backed by Prudential and HCL, enters the large Indian health market. It will leverage AI-powered experiences and a network of over 12,000 hospitals. The insurer plans an omnichannel model combining agency advice and direct-to-consumer digital platforms. Customers can select cover, manage policies, and access support through digitally enabled services.
Should I make my foreign national son a co-owner?
ICICI Prudential Mutual Fund: RIL, Infosys and HDFC Bank among top 10 stock holdings in July
HNGIL to invest Rs 280 crore to expand Bahadurgarh unit production capacity
Hindusthan National Glass & Industries Ltd will invest Rs 280 crore in its Bahadurgarh plant. The company plans to double the facility's production capacity within the next ninety days. This significant investment includes capital and operating expenditures over three years. The expansion reflects confidence in Haryana as a manufacturing hub.
51 lakh gone in digital arrest scam: How fraudsters targeted retired income tax officer
A retired income tax officer was defrauded of 51 lakh by fraudsters impersonating police from Lucknow, who claimed he was under investigation for money laundering. Here's what happened.
Railway Ministry approves raising train speed limit to 100 kmph on Katra-Banihal section
The Railway Ministry approved increasing train speeds to 100 kmph on the Katra-Banihal route. This enhancement will improve connectivity and travel comfort for passengers in Jammu and Kashmir. The decision follows the fulfillment of all necessary safety conditions by the railway authorities.
Can NRIs invest in India without flying back? Sebis KYC plan
Sebis proposed digital KYC overhaul could let NRIs, OCIs and eligible foreign nationals complete onboarding remotely, cutting paperwork, costs and delays while making it easier to invest in India.
Employees who are on a salary may find themselves receiving tax notices following their income tax return filings. These notices typically point out discrepancies requiring immediate attention from the taxpayer. It is essential to understand the context of each notice to ensure proper compliance and effective dispute resolution. The Income Tax Department sends out these notifications for clarification and mistake correction.
Moderna, Merck breakthrough could usher in wave of cancer vaccines
Merck and Moderna's personalized cancer vaccine shows promise for melanoma patients. This new treatment trains the immune system to target specific tumor mutations. The vaccine, combined with Keytruda, significantly reduced cancer recurrence in trials. Doctors are hopeful this approach will expand to treat many other cancer types. Further trials are underway for lung, bladder, kidney, pancreatic, and stomach cancers.
EPF error: This small mistake could affect your pension, PF balance and withdrawals
Only four focused mutual funds delivered more than 15% SIP returns over five years, led by Invesco India Focused Fund at 18.33%. SBI Focused Fund, the category's largest scheme by AUM, delivered 15.27%, while returns across funds ranged from 7.92% to 18.33%.
L&T-Mitsubishi to power world's biggest airport
ADNOC launches ninth spot crude tender since June, sources say
Abu Dhabi National Oil Company is offering spot crude oil in a tender. This tender is for Upper Zakum, Umm Lulu, and Das crude oil. Bids are due by August twenty-fourth and will remain valid until August twenty-sixth. Buyers can purchase on a free-on-board basis or arrange ship-to-ship transfers. The producer has sold over one hundred million barrels in previous tenders.
Banaras Hindu University's medical institute received significant funding for six research projects. These initiatives focus on crucial national health priorities and advanced diagnostics. The grants will support extensive studies and laboratory analyses across multiple university departments. University leadership highlighted the commitment to research and patient care improvements. This development reflects a surge in faculty research proposals and enthusiasm.
HDFC Mid Cap Fund has impressively yielded a 20% return over the past five years. The fund manager focuses on selecting high-quality businesses while emphasizing long-term compounding in its strategy. Experts commend its conviction in stock choices and a steadfast buy-and-hold philosophy. Its important for investors to evaluate their overall exposure to mid-cap investments before taking action.
Best conservative hybrid mutual funds to invest in August 2026
Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns.
Facility management firm Krystal Integrated Services bags Rs 134 crore order from MSRTC
Krystal Integrated Services Limited has announced an order worth Rs 134 crore for providing facility management services to MSRTC. This agreement, effective for three years, will cover operations in both Mumbai and Chhatrapati Sambhaji Nagar, focusing on essential services such as housekeeping, sanitation, and technical maintenance support.
Aditya Birla Capital forays into gold loan business; shares rise 2.8%
Aditya Birla Capital Limited is entering the gold loan business segment. The company plans to establish approximately 1,000 branches over three years. This strategic expansion complements its existing retail and MSME lending franchise. Diversified lenders are showing increased interest in India's fast-growing gold loan market. Gold loans are witnessing strong structural growth amid rising commodity prices.
Section 22-A registration: Why is it causing concerns for Hyderabad homebuyers? What they must check
Motilal Oswals buy-sell-hold call: Bata, VA Tech Wabag6 midcap & smallcap stocks to watch
The Mumbai ITAT deleted a 25 lakh tax addition imposed on a flat buyer over an alleged cash payment, saying the taxpayer was not given the statements relied upon by the tax department or an opportunity to cross-examine the builders partners.
HUL Share Price Live Updates: HUL Stock Performance Update
Divis Labs Share Price Live Updates: Divis Labs Market Performance Snapshot
HDFC Bank Share Price Live Updates: HDFC Bank's Current Trading Status
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Current Trading Status
A Delhi taxpayer faced denial of Section 54 exemption after constructing a new house before selling his old property for 53 lakh. ITAT Delhi quashed the reassessment after ruling that the Income Tax Departments Section 148 notice was issued after the permissible limitation period.
Eicher Motors Share Price Live Updates: Eicher Motors Current Price Update
Wipro Share Price Live Updates: Wipro's Current Market Position
Tata Steel Share Price Live Updates: Tata Steel Stock Details
L&T Share Price Live Updates: L&T Stock Details
Tata Consumer Share Price Live Updates: Tata Consumer Stock Details
ITR filing 2026: What happens if you miss the August 31 deadline and who gets more time?
The income tax return filing deadline for ITR-3, ITR-4, ITR-5 and ITR-7 is 31 August. Missing this deadline incurs penalties, but options such as belated returns are available until 31 December 2026. Here's who gets more time to file.
Multi-cap funds offer equity-like returns with lower drawdowns
Multi-cap funds provide equity-like returns with reduced volatility and drawdowns. These funds delivered strong annualised returns over a twenty-one-year period. They offer a balanced approach across large, mid, and small-cap stocks. Wealth managers suggest multi-caps simplify investment decisions for retail investors. This strategy helps manage investor behaviour during market stress periods.
Starlink relaunches its bid for space in India
MMTC PAMP calls for better Gold Monetisation Scheme
India needs to boost gold recycling to decrease reliance on imports. A more appealing gold monetization scheme could unlock significant household stocks. This initiative would also help utilize underused refining capacity across the nation. Increased recycling can lessen pressure on the current-account deficit by substituting imports. The country's next gold story should focus on efficient and responsible domestic monetization.
Mid-budget movies scripting success at box office too
Mid-budget films are making a notable comeback at the box office, with titles like Awarapan 2 and DC gaining substantial financial success. This trend dispels the myth that viewers prefer streaming options over cinema. Audiences are returning for powerful narratives and emotional depth, indicating a refined taste influenced by streaming services.
No takers: Public sector banks put 39,000 cr of bad loans up for sale again
Public sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Overseas Bank and Indian Bank led these repeated offerings. Private sector banks showed a sharp contrast with few repeat sales. This highlights challenges in selling large legacy corporate accounts.
Small towns emerge big growth driver for connected TV in India
Connected TV households in India now number sixty-two to sixty-five million viewers. Growth is significantly higher in smaller towns and rural areas across India. This expansion is not replacing linear television but complementing its viewership. Prime time viewership is emerging strongly on both CTV and linear platforms. Household-level measurement and frequency management are key challenges for advertisers.
RIL plans 2.73 lakh cr coal gasification project
Puma India hits the 'value' track to get back in shape under new chief
Puma India is focusing on premium products and key sports categories for growth. The company is shifting away from discounted business and closing some stores. Running, hybrid fitness, and team sports are now central to Puma's strategy. Puma aims to offer global products simultaneously in India and other markets. Increased local manufacturing is also a significant part of their current operations.
52,337 cr farm credit, 19L zero balance accounts: Bhatti bats for outcome-based banking
Flexi-cap funds with highest and lowest large-cap stock allocation: What the data shows
Flexi-cap funds can vary sharply in their large-cap exposure despite having the flexibility to invest across market segments. Some of the biggest funds have a strong large-cap tilt, while others take a more diversified approachcreating an important distinction for investors to examine.
India aiming for $100 billion gems and jewellery exports by 2040: Commerce Secretary
India has set an ambitious target of reaching USD 100 billion in gems and jewellery exports by 2040. Achieving this goal hinges on innovative practices, exceptional design leadership, and substantial value addition. A collaborative effort between government bodies and industry leaders aims to transform this sector, with a focus on enhancing human capital and embracing cutting-edge technologies to establish India as a global leader in design-driven jewellery.
Used car loans grew faster than auto loans in last five years despite higher stress: Report
Used car financing grew faster than auto loans over five years. The used car finance portfolio reached Rs 1.3 lakh crore by June 2026. Auto loans portfolio grew to Rs 9.9 lakh crore during the same period. Financiers funded used cars despite facing higher stress levels. Overall asset quality in the wheels finance segment is now stabilising.
Starting construction before selling your old house does not automatically rule out the Section 54 exemption. Find out when the exemption can apply, the three-year completion rule, CGAS requirements, key risks and documents taxpayers should maintain.
FSSAI inspects Pernod Ricard plant, collects whisky samples in wider industry probe
Pernod Ricard's Bengaluru plant was inspected by India's food safety regulator, with officials collecting liquor samples and seeking documents as part of heightened scrutiny of the country's alcohol sector. Sources said the company was asked to improve hygiene and correct recycled-plastic markings, though no adverse findings have been issued against Pernod.
FSSAI revokes order against USL's flavoured spirit produced at Baramati plant
Food regulator FSSAI has revoked its order concerning United Spirits' Baramati unit product. This revocation follows discussions and engagement between the company and the food authority. United Spirits had challenged the initial order before the Bombay High Court earlier. The company maintained its product labels were compliant with Indian regulatory frameworks. The FSSAI had initially issued notices over alleged unauthorized flavor use.
SBI has reduced rates on domestic bulk term deposits by up to 25 basis points for select maturities.
Regular and direct mutual fund plans can deliver different outcomes due to expense ratios, taxes and distributor costs. The decision to switch depends on factors such as the breakeven period and capital gains tax.
