Investment

Presumptive taxation: Earning side income from mobile apps? Why Section 44ADA could slash your tax burden

For self-employed individuals in India, handling tax compliance and maintaining financial records can be complicated. Presumptive taxation offers a simpler alternative for eligible small businesses and professionals.

Can your 4.5 crore corpus generate 4 lakh a month? Decoding the retirement math

Investing the corpus in a mutual fund and setting up a systematic withdrawal plan (SWP) reduces the tax burden and creates a steady income.

India buys its most expensive LNG in years as war upends market

Indian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as the Iran war disrupts global supplies. GAIL India and Gujarat State Petroleum Corp. have bought cargoes at these levels, while Bharat Petroleum has also purchased LNG from the spot market.

85.93 lakh demonetisation-era cash deposits: Tribunal asks Haryana taxpayer to plant 500 trees for one more chance

A Haryana man, whose declared income was 1.79 lakh, faces an income addition of 11.22 crore. A tax tribunal offers a final chance to contest this by planting 500 trees or paying the cost within a month.

NHAI, National Road Safety Board deliberate on strengthening road safety on National Highways

The NHAI and National Road Safety Board on Friday reviewed measures to strengthen road safety governance and improve safety standards on National Highways. Discussions covered engineering, operations, audits, black spot management and emergency response, with both institutions focusing on adopting a safe system approach and strengthening monitoring, accountability and digital safety systems.

SBI acquires commercial property in Punes Kharadi for Rs 414 crore

The State Bank of India has finalised the acquisition of a commercial property in Pune for Rs 414 crore. This deal covers both land leasehold rights and a commercial structure situated in Kharadi, a bustling business district.

AMFI announces 5 key initiatives to deepen mutual fund participation and strengthen investor awareness

AMFI has launched five initiatives to deepen mutual fund participation, focusing on investor education, women, smaller cities, first-time investors and underserved communities. Partnerships with NISM, Sa-Dhan and Pinkathon aim to expand awareness, strengthen distributor ethics and encourage informed, responsible investing nationwide.

RBI imposes penalty on Progfin, Shri Ram Finance Corporation for non-compliance

The Reserve Bank of India recently levied fines on two financial firms for regulatory failures. Shri Ram Finance Corporation was penalized Rs 8.10 lakh due to management transitions and a lack of proper risk classification for clients. Meanwhile, Progfin incurred a Rs 2.70 lakh fine for failing to conduct timely risk reviews. Both penalties highlight the significance of compliance with established regulations.

MVN reports 120 cr in sales in first 20 days of August, citing strong demand on Dwarka Expressway

Following a strong July, MVNs rapid August performance reflects growing demand for unique, luxury residences among families across Delhi-NCR.

India-designed mobile phones likely in 10-14 months under MPMS; no place for copycats: Ashwini Vaishnaw

New indigenously designed mobile phones with Indian IP rights will launch in 10-14 months. The government will strictly screen brands, preventing copycats from benefiting. Companies must prove ownership of design intellectual property rights for scheme eligibility. The Mobile Phone Manufacturing Scheme aims to boost domestic brands and production. This initiative seeks to establish technological sovereignty and capture greater economic value.

Axis Credit Card rules change next week: These new charges and reward rules take effect from this date

Axis Bank will revise several credit card rules from August 28, including higher DCC charges, a new late fee slab, changes to payment settlement and restrictions on reward points.

Self-deprivation isn't a business model: Startup founder urges entrepreneurs to pay themselves, bootstrapped or funded

Naturally Yours founder Vinod C. stresses the importance of paying oneself a modest salary while building a startup. He argues that financial self-punishment is unsustainable and encourages founders to manage personal expenses realistically to avoid burnout and maintain long-term commitment.

Bengaluru airport passenger fee cut by 45%: Domestic flyers to pay Rs 300 from September 1

Bengaluru airport's passenger fee will fall 45% to Rs 300 for departing domestic flyers from September 1, under a new tariff order by AERA. The regulator has also cut the international fee to Rs 997 and adopted an incremental revenue framework, linking recovery of major infrastructure costs to project completion.

Karnataka launches KEO to take AI-ready computing to homes, schools and rural communities: DK Shivakumar

Karnataka has launched KEO, an AI-ready computing platform developed within the state, with an aim to bring advanced technology to students and small businesses. The platform features on-device artificial intelligence, reducing reliance on internet connectivity. Thousands of KEO devices will be deployed across schools and institutions.

Govt to invest Rs 28,840 crore in UDAN scheme over next 10 years: Union Minister Ram Mohan Naidu

The Centre will spend around Rs 28,840 crore over the next 10 years to expand the UDAN regional connectivity scheme and strengthen air connectivity across India, Civil Aviation Minister Ram Mohan Naidu said.

Builder delivers defective house: Can homebuyers claim repair costs and compensation?

A Kerala consumer commission has ordered a builder to pay 25 lakh to a homebuyer after finding serious construction defects and inferior materials. The amount includes 20 lakh for repairs and damages, 5 lakh compensation and 25,000 litigation costs.

ET World Leaders Forum: Broader media economics key to cricket's success, says JioStar's Uday Shankar

JioStar Vice Chairman Uday Shankar said crickets long-term success depends on broader media economics, beyond stadium attendance, as traditional media faces pressure from changing advertising models. Speaking at the ET World Leaders Forum, he also discussed the IPLs relevance, womens cricket, digital accessibility, AI-led content innovation and the evolving media business model.

Maharashtra FDA suspends licences of Radio Club, Khar Gymkhana, 11 others for violation of hygiene norm

The Maharashtra FDA has suspended the licences of Radio Club, Khar Gymkhana and 11 other food establishments for violating hygiene norms, as part of inspections across the state.

The real cost of financial ignorance: 'Rich Dad Poor Dad' author Robert Kiyosaki explains 'what is expensive'

Robert Kiyosaki emphasises the high cost of financial ignorance, advocating for the pursuit of knowledge over merely focusing on the costs of education. After attending expensive educational programmes, he reflects on the value of ongoing learning to make better financial decisions.

India aims 30 GW polysilicon manufacturing capacity by 2030: MNRE Secretary

India plans to add thirty gigawatts of polysilicon manufacturing capacity by twenty thirty. This ambitious goal aims to attract an investment of twenty-five thousand crore rupees. A dedicated government scheme will support this crucial solar component manufacturing. Vanadium Redox Flow Batteries are also being explored as a viable energy storage alternative.

The human advantage behind Hurons growth in India

Huron has seen remarkable growth in its India team since 2020, surpassing 4,100 professionals. This advancement signals a deliberate transition toward a global capability center and a hub for innovation. The firms presence in India is transforming into a key contributor to client revenue and value creation, spread across five cities with ambitions for further growth by 2026.

MINISO enters quick commerce with 90+ products on Instamart, including Harry Potter, Hello Kitty

With the launch of its quick commerce initiative in India alongside Swiggy Instamart, MINISO introduces over ninety lifestyle items, featuring well-loved franchise merchandise. This partnership enhances Instamart's inventory, providing more than just essential goods. MINISO is focused on reaching a diverse customer base with expedited digital delivery services and has plans to broaden its product selection and geographic reach in the upcoming months.

Mobile phone makers with turnover of Rs 10,000 cr in FY26 eligible for MPMS: Govt

The governments Rs 62,500-crore Mobile Phone Manufacturing Scheme (MPMS) will cover mobile phone makers and electronics manufacturing services firms meeting specified turnover and Indian ownership criteria.

JBM Auto responds to Bain EV investment report, says no material disclosure required

JBM Auto on Friday clarified that a report on Bain Capital's proposed investment in its electric vehicle business relates to subsidiary JBM Electric Vehicles. The company told stock exchanges that there was no material information requiring disclosure under Regulation 30 of SEBI's listing regulations as of now.

What are Firebase scams? Why India asked Google to take down fake banking sites

India is cracking down on scams abusing Google's Firebase to host fake banking sites and malware. I4C ordered at least 57 Firebase websites and databases taken down in August after they were used to steal credit card details, OTPs and other data from victims phones.

Zydus Lifesciences gets USFDA nod for generic ascorbic acid injection

Zydus Lifesciences secured final USFDA approval for its generic ascorbic acid injection. This approval is for the treatment of scurvy in specific patient groups. The company's product is the generic equivalent of the Ascor injection. The USFDA designated this application as a Competitive Generic Therapy. Zydus will market the product in the United States market.

IPO rush ahead: What should retail investors watch out for? DSP's Jay Kothari explains

Jay Kothari warns investors not to be misled by extraordinary market returns and emphasizes the need for proper research and patience. 

Axis Bank credit card rule changes: Check new charges, revised lounge access and reward rules from August 28, 2026

Goldman Sachs Banking Report: HDFC Bank and Federal Bank Recommended for Buy, Yes Bank Rated Sell

Higher interest, tax breaks and discounts: Financial benefits senior citizens can avail in India

Turning 60 in India signifies the end of active earning but opens the door to financial benefits including higher interest rates, tax concessions and discounts on travel and utilities. All of these financial benefits ease day-to-day spending.

Your child wants a career reset? Here's a 3-step strategy to support the transition without derailing your finances

Priya Sunder, co-founder and director at PeakAlpha Investments, said a child's exact career choice cannot be predicted 15 years in advance. She, therefore, advised that a portfolio be structured based on present value, adjusted for education-specific inflation.

Helios Flexi Cap Fund hikes exposure in Swiggy, Paytm and 12 others; adds SBI Funds Management, 4 more

Samir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, while adding SBI Funds Management and four others to its portfolio. The fund also exited Varun Beverages and India Shelter Finance, while trimming its holdings in MCX and BSE during the month.

BMW wants nearly one in three cars it sells in India to be electric

BMW expects electric vehicles to account for more than 30% of its India sales by year-end, up from 26% currently. The luxury carmaker is also considering local assembly of the BMW i5 LWB as it expands its EV and long-wheelbase portfolio.

ET World Leaders Forum 2026: AI will reshape payments, but trust will be the real battleground

AI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and transaction legitimacy. New security measures will distinguish between genuine and malicious automated activity. Payment rails may become invisible as consumers focus on speed and reliability.

Incorrect personal data or a duplicate entry in your credit report? Do this before it hurts your future loan prospects

Your credit report is crucial for loan applications, as discrepancies can harm your credit score and loan approval chances. Here's what you must do the moment you spot a discrepancy.

Tata, Godrej and now Birla: Big groups aren't just chasing glitter

Indias gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reaching Rs 3.3 lakh crore by May 2026. Tata Capital, Godrej Capital and Aditya Birla Capital are expanding aggressively as lenders shift toward secured retail credit, driven by rising gold prices, strong demand, regulatory changes and Indias vast household gold holdings.

Medical devices industry needs to focus more on local value addition: Pharma Secy

The medical devices sector must increase local value addition and component manufacturing. Government officials are open to industry suggestions for PLI scheme beneficiaries. Many companies invested but could not claim incentives for various reasons. The government aims to incentivize component makers more than assembly operations. Increased domestic value addition is a key objective for the sector.

8th Pay Commission fitment factor: Does 2.0 fitment factor mean 2x gross pay hike for Level 1-18 employees?

8th Pay Commission salary calculator: Central government employees are currently anticipating the recommendations from the 8th Pay Commission regarding the fitment factor. While a higher fitment factor is expected, it may not lead to a substantial doubling of gross salaries. Historical data from previous pay commissions indicates that the increases in gross salaries have often been lower than the increments in basic pay.

Tata Mutual Fund resumes subscription for large investors in gold ETF, removes lumpsum limits for Gold ETF FOF

Tata Mutual Fund has resumed subscriptions to Tata Gold ETF for large investors committing Rs 25 crore or more and removed investment limits on lump-sum investments and switch-ins to Tata Gold ETF FOF. The revised norms, effective August 21, follow the normalisation of market conditions and will remain in force prospectively until further notice, the fund house said.

Christopher Nolan's 'The Odyssey' becomes the highest-grossing R-rated movie of all time with $1.352 billion collection

Christopher Nolan's The Odyssey has achieved a significant box office milestone. The film is now the highest-grossing R-rated movie globally. It surpassed Deadpool & Wolverine with its impressive worldwide earnings. This mythological epic also marks Nolan's biggest career success. The movie has generated over USD 1.352 billion at the box office.

Businessman gets 23L via RTGS, bank freezes his account over income mismatch; HC rules in his favour here's why

A businessman received 23 lakh via RTGS but had his account frozen by the bank due to an income mismatch. The Allahabad High Court ruled in his favor, ordering the bank to pay 50,000 in compensation. Here's what happened.

Bank offers up to 8.50% rate on senior citizen FD

Why risk is becoming more distributed across Indias lending ecosystem

Indias lending ecosystem is becoming more interconnected as banks, NBFCs and fintechs take on specialised roles. This shift is distributing lending risk while making data sharing, technology and coordination increasingly important.

PSU Banks top alpha pick as OmniScience Capital stays overweight on banking sector

CEO Vikas Gupta described the banking sector as completely mispriced, highlighting that PSU banks are undervalued despite strong growth and their cleanest balance sheets in decades

ICICI Bank, Federal Bank among top bank picks by Axis Direct after Q1 earnings season

Jefferies retains Buy on Crompton Greaves; sees up to 29% upside

Jefferies retained its Buy rating on Crompton Greaves Consumer Electricals with a Rs 330 target, implying nearly 29% upside. The brokerage expects the companys premiumisation strategy, market share gains, new product categories and margin expansion to drive a 12% revenue CAGR and 18% EPS CAGR through FY29.

Quant Small Cap among 5 equity funds offering up to 25% SIP returns over 10 years

Five equity mutual funds have offered up to 25% annualised returns on SIP investments over the past 10 years

Delayed, lost and mishandled: Air travellers had one big complaint in July, their baggage

Delayed and lost baggage caused the most passenger dissatisfaction in July. This issue accounted for nearly one-third of all airline complaints received. Flight delays and refund problems followed as significant passenger concerns. Airlines resolved most complaints, while IndiGo carried most domestic passengers. Overall passenger traffic showed slight growth from the previous year.

Carlsberg India sees high H1 volume, IPO advances

F&O losses hit young traders hardest: 89% of investors under 30 lost money in FY26, most were from low-income groups

A recent Sebi study reveals that young traders, aged under 30, now represent 43% of individual traders but face high losses, with 89% incurring losses in FY26. Details here.

AI can never take over human relationships, craft: Sabyasachi Mukherjee

Fashion designer Sabyasachi Mukherjee opened his new flagship store in New Delhi. He believes craftsmanship will outlast artificial intelligence, which should only support creativity. Mukherjee also celebrated his multi-year collaboration with The Metropolitan Museum of Art. This partnership will draw inspiration from the museum's vast collection for new designs.

BMW X1 LWB launched in India: Check price, features

22k, 24k gold: How much each gram would cost today?

IndiGo website hit by second disruption in a week

IndiGo's website experienced booking issues on Friday, showing No Data Available during searches. This marks the second disruption to its online services within a single week. Previously, intermittent problems affected its core reservation platform, impacting customer access. The airline advised customers to try again later and contact its call centre for urgent needs. IndiGo has apologized for the inconvenience caused by these technical difficulties.

Fairfax has two years to sort its IDBI bank puzzle

EPF inoperative accounts: When does your balance stop earning interest? EPFO explains 4 key cases

EPFO has clarified when an EPF account becomes inoperative and stops earning interest. Here are four retirementage examples, key rules and practical steps members should know to manage old balances.

India's first large-scale biopolymer plant in UP set for October launch

India's first large-scale biopolymer plant in Lakhimpur Kheri is nearing its October operational launch. This pioneering project will convert locally grown sugarcane into PLA-based bioplastic. The facility features a Zero Liquid Discharge system to prevent harmful liquid waste. Chief Minister Yogi Adityanath laid the foundation stone for this significant industrial development.

Ebix and NSDL Payments Bank cross one crore registrations Under MSRTC NCMC Programmes.

Over one crore NCMC RuPay smartcards were registered in five months. These cards now serve MSRTC concessional passengers across Maharashtra's villages. The digital passes replace old paper systems, improving verification and reducing misuse. This initiative aligns with Prime Minister Modi's Digital India 'One Nation, One Card' vision. Future plans include retail payments and integration with metro and water transport.

Strikes in the Gulf changing rules behind Indias big-money bets

India Private Equity Investment 2026: Geopolitical risks now shape private equity deal considerations in India. Investors increasingly focus on resilience and supply-chain stability for investments. Capital deployment concentrates on manufacturing and financial services sectors. Export-oriented businesses still attract interest despite US tariff uncertainties. India remains an attractive destination due to its market scale and policy support.

Bank froze businessman's account over income mismatch, now it is asked to pay Rs 50,000 compensation; HC explains why

Fish machinery businessman's bank account frozen as he declared 5.76 lakh income but got Rs 23 lakh via RTGS; HC orders bank to pay Rs 50,000 to customer and says bank is not investigating authority. Know what happened here.

Passenger falls from bus, driver acquitted by SC

Selling your old phone, furniture or jewellery? Know when you have to pay tax and what counts as personal effects

Profits from selling an asset is generally subject to income tax, but there are certain exceptions which are categorised as personal effects by the income tax department. Here's when you have to pay tax and when the sale of an item is exempt from tax.

HDFC Bank shares in focus after record $1.75 billion overseas bond raise. What lies ahead?

HDFC Bank raised $1.75 billion through a twin bond sale to overseas investors. The lender raised $500 million via three-year bonds and $1.25 billion through five-year securities, both priced at tighter spreads than initial guidance, signalling strong investor demand.

444-day FD: Maturity on Rs 5L deposit in PSU banks

Gold, silver prices today, 21 August: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 21 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

Best banking & PSU mutual funds to invest in August 2026

If you are investing for three years and aware of the risks associated with these schemes, you can consider investing in Banking & PSU schemes. DSP Banking & PSU Debt Fund has been in the second quartile in the last four months. The scheme had been in the third quartile earlier.

Sensex and Nifty off to a choppy start amid Middle East uncertaint. What lies ahead?

On Friday, Indian equity markets faltered after an initial upturn, influenced by rising Brent crude prices nearing $94 and increasing US bond yields. Contrarily, the midcap and smallcap indices displayed resilience, climbing into positive territory. Market analysts predict a stable trading environment as crude prices stay high, while the Nifty VIX falling below 11 suggests a reduction in volatility and a boost in investor confidence.

Brigade Enterprises among 6 stocks flashing bullish signals; uptrend in sight

Represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow, the pattern indicates strong buying pressure throughout the session

Mumbai real estate 2026: 8 hotspots for buying a home in MMR; ongoing projects, prices & growth potential

Tata Motors to hike car prices by Rs 25,000; joins Maruti, Hyundai as costs hurt pockets

Tata Motors will increase prices for its cars and SUVs by up to Rs 25,000. This price adjustment will affect both internal combustion engine and electric vehicle models. The company cites rising input and commodity costs as the primary reason for this decision. This move follows similar announcements made by other major automobile manufacturers. The price revision aims to partially offset increased operational expenses for the automaker.

India market is going to act like an AI-hedge: DSPs Jay Kothari

India has lagged global markets amid the AI boom. DSPs Jay Kothari explains why that underperformance could reverse, where investors should look and how to approach the coming IPO wave.

Automobile stock radar: CEAT, Uno Minda, Lumax and 7 other auto part makers give a rare peek into car industrys future plans

ITC Share Price Live Updates: ITC's Market Update

Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Stock Price Declines Below S2

Tech Mahindra Share Price Live Updates: Tech Mahindra's Current Trading Status

M&M Share Price Live Updates: M&M Market Activity

Infosys Share Price Live Updates: Infosys News

Bharti Airtel Share Price Live Updates: Bharti Airtel Shows Strong Technical Performance

Titan Company Share Price Live Updates: Titan Company continues to perform well in the market

Tata Motors PV Share Price Live Updates: Tata Motors PV Sees Minor Decline

Are you a pensioner? Heres how you can check your PPO number, life certificate and pension status on pensioners portal

Coal India Share Price Live Updates: Coal India Price and Volume Insights

Can a govt employee switch pension scheme after accepting retirement benefits? SC clarifies

The Supreme Court ruled that a retired employee cannot switch pension schemes after accepting benefits. This arose from a case where a retired professor sought GPF coverage after being under CPF. Details of the full case here.

Tata Consumer Share Price Live Updates: Tata Consumer News

Dr Reddys Share Price Live Updates: Dr. Reddys Price Movement Analysis

Sun Pharma Share Price Live Updates: Sun Pharma's Recent Trading Activity

Nestle India Share Price Live Updates: Nestle India Price Fluctuation

Apollo Hospital Share Price Live Updates: Apollo Hospital Stock Details

8th Pay Commission: Can government amend ToR to cover pension revision for pre-2026 retirees?

The 8th Pay Commissions Terms of Reference could be amended to include pension revision for retirees who retired before 1 January 2026. While the Centre has yet to announce any change, historical precedents show that the ToRs of earlier Pay Commissions have been amended and improved when required.

ICICI Bank Share Price Live Updates: Goldman Sachs starts coverage on 14 banks with up to 37% upside potential; ICICI Bank, Kotak among top picks