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Hexagon Nutrition IPO Day 3: Subscribed over 42 times so far, NIIs lead demand
The non-institutional investors (NII) portion was subscribed 129.96 times, while the retail category saw subscription of 22.53 times
8th pay commission: What is ICMR's 3,490-calorie formula recommendation?
The 8th Pay Commission, chaired by former Supreme Court Justice Ranjana Prakash Desai, is reviewing pay structures and allowances for central government employees. Amid this, here are calorie and food expenses related demands from employee groups, explained
Gold prices remain range-bound as crude oil fall offsets interest rate worries
Investors are closely watching global economic data and the US Federal Reserves policy outlook
Dearness Allowance: How DA is treated under Income Tax, explained
One of the most closely watched components of government employees' salaries and pensions, here's a look at if DA is subject to income-tax, whether it must be reported in your income tax returns filing and more.
Diversification to di-worse-sification: the costly mistake of buying too many mutual funds
Decades after legendary investor Peter Lynch coined the term to warn against overcrowding a portfolio, Indian mutual fund investors are making the same costly error by investing in 20-30 schemes, many of which hold the same stocks.
With inflationary pressures building and many analysts expecting rate hikes later in FY27, investors are reassessing their investment strategies. But what should mutual fund investors do in such a scenario? Let's find out what experts have to say.
ITR filing AY 202627: How to calculate your taxable income under old and new tax regimes
When filing your ITR, the first step is to calculate your taxable income. Taxable income is the portion of your total income on which tax is actually levied after considering eligible exemptions and deductions.
PhonePe and CRED may soon resume rent payments through credit cards under a marketplace model, testing pilots with select users. The new model aims to address compliance and verification issues.
Bernstein flags risk to SIP inflows if Indian markets fail to deliver returns
Weak market returns could trigger near-term turbulence in inflows
Sensex, Nifty trade marginally higher at noon, bank stocks advance after RBI forex swap move
Easing geopolitical tensions, softer crude oil prices and gains in Asian and US equities aided the recovery in the domestic stock markets
Defence stocks rally: Paras Defence, Data Patterns, Zen Tech up 3-7% as Nifty Defence index gains
Defence stocks lifted on optimism around the sectors long-term growth prospects and order inflows
The AI revolution worth betting on isnt in your portfolio
The future of artificial intelligence is anything but settled, which is the best reason to use these tools rather than bet on them.
Want a lower home loan rate? These 7 simple moves could save you lakhs
A small reduction in home loan interest rates can lead to significant savings. Strategies to lower borrowing costs include maintaining a strong credit score and choosing the right lender.
Can NRIs invest more in Indian stocks now? RBI's latest move explained
As part of its latest policy measures, the central bank announced that NRIs and OCIs will be allowed to invest more in listed Indian companies without SEBI registration.
Edelweiss launches 300-crore NCD issue with up to 10% returns: Check dates, rating and key features
Edelweiss Financial Services Ltd has launched a 150 crore public issue of secured non-convertible debentures, with a total size of 300 crore.
RBI offers discounted FX swaps at 1.5% to draw inflows
The move aims to make overseas funding more attractive at a time when the RBI is looking to ease pressure on the rupee after it hit a new low against the dollar last month.
NLC India falls over 4% after Govt launches OFS at discount
The stock fell to a low of 320 and was trading at 323.55 on the NSE at 10.24 am
Rupee rises 20 paise to 95.41 against US dollar in early trade
At the interbank foreign exchange market the rupee opened at 95.47, then touched 95.41, registering a gain of 20 paise from its previous close
Vodafone Idea, Bharti Airtel trade flat after early gains on Bombay HC relief in spectrum dues case
The ruling is expected to provide relief of over 24,000 crore to the telecom companies
A Kolkata fast-food stall generates 3 lakh monthly with a 20% profit margin. Strategies to increase profitability include menu optimisation, upselling and operational efficiency.
Zepto files updated IPO papers with SEBI; plans 8,010 crore fresh issue
The company said it intends to use the net proceeds primarily to expand its dark store network across existing and new markets
Markets open higher, led by banks
Nifty gains 0.46% as Israel and Iran halt strikes in West Asia
Gold steadies as traders weigh Israel-Iran ceasefire, inflation risks
US gold futures for August delivery were down 0.1% at $4,357.10
The Union Ministry of Petroleum & Natural Gas has indicated that subsidised LPG cylinders for households under the Pradhan Mantri Ujjwala Yojana (PMUY) have been reduced from nine to four. Check details here.
Indian equities set to open flat; IT stocks in focus
NLC India OFS at 303; Grasim approves 3,094 crore capex for Lyocell expansion
Dollar hovers around two-month high as Iran-Israel truce hangs in balance
Euro and pound slip as markets eye US inflation data for clues on monetary policy
EPF nomination: How to check, add and validate your nominee online | A step-by-step guide
All EPF members must register a nominee under the EPF Scheme, 1952, to ensure smooth settlement of benefits upon the member's death. Members can check nominee status and complete e-nomination online, ensuring to e-sign the document for it to be valid.
Gold steadies after Israel and Iran agree to end missile strikes
Citigroup lowers three-month price target citing likely Fed rate hike
Sensex today | Stock Market Live Updates: Stock to buy today: Sheela Foam (668.50) BUY
Sensex, Nifty, Stock Price Live Updates: Traders can buy Sheela Foam shares now at 668. Accumulate on dips at 645. Keep the stop-loss at 610. Trail the stop-loss up to 675 when the price goes up to 690
Key stock updates: Airtel, Vodafone Idea gain court relief; NLC India stake sale; TCS launches AI unit; JSW Energy expands
Zepto IPO: Aadit Palicha, Kaivalya Vohra to hold stake; Nexus Ventures biggest seller in OFS
Zepto has filed updated draft IPO papers with Sebi and is expected to list in July
Zepto cuts Q4 loss to Rs 1,539 crore as revenue jumps 75% to Rs 7,498 crore
Zepto has filed updated draft IPO papers with Sebi to raise Rs 8,010 crore via fresh issue, alongside an offer for sale, with total issue size expected around Rs 11,000 crore
ChatGPT maker OpenAI files confidential IPO paperwork, eyes public listing option
The development places OpenAI alongside rivals like Anthropic and SpaceX in a growing wave of AI-driven firms exploring public markets
Zepto files updated IPO papers, plans 8,010 crore fresh issue
The total issue size, including an offer for sale, is expected to be around 11,000 crore, with a potential listing in July
Cryptocurrency F&O: How are gains taxed in India? Know rules and ways to report in ITR
Cryptocurrency futures and options involve trading derivative contracts based on digital assets, enabling price speculation without ownership. Here's how the gains are taxed.
Gold ETF investors exits highest last week for this year; outflows continue for 4th week in a row
Net investments down 17% last week from May 23, as US, Chinese and Canadian investors lead the negative trend
Indian rupee in free fall: What the govt is doing to lure foreign capital and lift currency
India's rupee is under pressure, hitting record lows against the US dollar due to economic uncertainty and high import bills. The government and the RBI have implemented several measures to stabilise the currency and attract foreign inflows.
SEBI reviews broker net-worth norms, weighs IPO auction reforms
Regulator also plans easier compliance for research analysts, new MF liquidity framework and measures to deepen corporate bond market
Rupee records biggest single day fall in a month
Rupee was weighed down by high crude oil prices amid the continuing West Asia conflict
The RBI has fixed the premature redemption price at 15,512 per unit for SGB 2021-22 Series III due on 8 June 2026.
Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know
NRE accounts allow NRIs to deposit foreign income in Indian rupees, facilitating free repatriation. Interest on NRE fixed deposits is exempt from Indian income tax, enhancing their appeal.
Rupee slumps as elevated crude, treasury yields support dollar
The rupee ended down 0.8% in its sharpest fall in four weeks to settle at 95.7075 per dollar
Brokers Call: Yash Highvoltage (Buy)
Choice Institutional Equities
Sensex, Nifty fall 1% as Nasdaq correction, West Asia tensions rattle markets
The BSE Sensex fell 719.08 points or 0.97% to 73,524.26, hitting a low of 73,318.94; The Nifty 50 dropped 243.70 points or 1.04% to close at 23,123
Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor
Nifty Midcap150 Momentum 50 Index includes 50 mid-cap stocks that have delivered the strongest momentum, thereby combining the growth potential of mid-caps with the momentum factor's ability to identify market leaders.
A guide to government securities for retail investors: Meaning, ways to invest, benefits and risks
Government securities (G-Secs) are debt instruments issued by the RBI on behalf of the central and state governments to raise funds from investors. These securities can be purchased in the primary market during government auctions or in the secondary market.
HDFC, ICICI Prudential and Nippon are restricting gold ETF inflows. Here's why
Gold ETF inflows are at record highs, but fund houses are becoming more selective about fresh subscriptions. Here's why the rupee, gold imports and bullion supply are driving the decision.
Sensex, Nifty, Stock Price Highlights:- Shares fell on Monday, tracking a sharp selloff across Asian markets, while crude prices spiked due to an escalation of the Middle East conflict
We don't even know where LIC's office is: Rajesh Exports chief
Distancing himself from LICs investment decisions, Rajesh Mehta said neither he nor other promoters had any role in LICs accumulation of the stock
ITR filing AY 2026-27: How to claim TDS refund while filing your income tax return
Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. A TDS refund becomes applicable when the amount of tax deducted from your income during a financial year is more than the tax you are actually required to pay.
Mango bonds and tree renting: a side of Alphonso in your portfolio
Consumers are renting mango trees and buying so-called mango bonds to secure premium fruit directly from farms. But are these genuine investments or simply a smarter way to buy mangoes?
How to change or update your EPF nominee online: Step-by-step process here
EPF members can update their nomination online at any time. This allows them to change beneficiaries. Here's the full process and what to do to make your nomination valid.
Gold futures drop to 1,53,220/10g
On the Multi Commodity Exchange, August gold contracts fell by 2,374 (1.53%) to 1,53,220 per 10 grams, with a turnover of 1,730 lots
Hexagon Nutrition IPO Day 2: subscribed 3.87 times so far, SBI Securities recommends subscribe
The company has priced the issue in a band of 42-45 per equity share
Silver futures decline to 2.4 lakh/kg
Gold drops 1,100, silver extends slide as oil surge stokes inflation fears
Analysts said the latest drop marks a continuation of bullion's recent struggles as investors increasingly focus on the inflationary impact of higher energy prices rather than the metals' traditional safe-haven appeal.
We don't even know where LIC's office is: Rajesh Exports chief amid regulatory heat
Rajesh Exports Chairman Rajesh Mehta clarified LIC's investment in his company, stating the insurer bought shares over two decades from the open market. He asserted neither promoters nor the company benefited from LIC's stake, emphasizing that ordinary retail shareholders are the ultimate gainers, regardless of LIC's potential losses or exit.
Direct vs regular mutual funds: Meaning, key differences and which one to choose
Direct mutual funds allow you to buy units directly without involving or routing the investment through any distributor, broker, or agent. On the other hand, regular mutual funds are purchased through intermediaries such as brokers, agents, or financial advisors.
Carlsberg is said to be near filing for $700-million India IPO
The IPO is expected to consist of a secondary share sale by the Danish brewer and could take place later this year
Sensex, Nifty trim losses in afternoon trade; metals, realty and auto stocks drag
Broader markets remained under pressure, with small-cap indices continuing to trade nearly 1 per cent lower. Mid-cap indices, however, staged a mild recovery from intraday lows.
Im a biker and have 50 lakh: I asked ChatGPT if I should stop going to office and travel around
After inheriting 50 lakh, the individual seeks financial and lifestyle advice on how to lead a meaningful life without traditional work. ChatGPT looks at the situation from a different lens.
Adani Energy hits 52-week high, group stocks flat amid weak market sentiment
The rally came after SBI Mutual Fund acquired a stake in the company through an open market transaction last week.
India's biggest health crisis isn't physicalit's financial What new study reveals
A recent report shows urban Indians score 65/100 on wellbeing, with financial health as the weakest link. Stress affects 82% of respondents, and mental health is gaining importance, particularly among younger populations.
Goldman sees rupee weakness capped after steps to boost inflows
Goldman now sees the dollar/rupee cross at 96 in three months, from 97 previously; it has kept its 6-month forecast unchanged at 96, while seeing the currency at 97 in 12 months, from 96 previously
The credit card debt trap: How a 1 lakh bill can spiral out of control
High credit limits and minimum due payments can create a dangerous debt spiral. Experts explain how the trap beginsand what borrowers can do to get out.
I asked ChatGPT if I should start a side hustle to earn extra income every month. AI asks me to do a 90-day experiment before making a final decision.
Wipro, TCS drag Nifty IT 2% lower after Nasdaq crash, AI selloff
Domestic IT counters tumble after technology, semiconductor and AI-related stocks come under selling pressure on Wall Street
The RBI maintained its repo rate at 5.25% to await clearer economic signals amid rising inflation risks. Home loan rates remain unchanged, with public banks offering rates from 7.10% to 7.25%. Measures to attract foreign capital were also introduced to support the rupee.
Gold extends losses on US interest rate-hike fears
US gold futures for August delivery were down 0.7% at $4,336.30
I asked ChatGPT to assign every rupee of my salary a job: AI suggests zero-based budgeting
I asked ChatGPT to utilise my monthly income effectively and assign every rupee a job. AI suggests zero-based budgeting to me.
Rupee tumbles 17 paise to 95.35 against US dollar in early trade
Rupee weighed down by dollar strength overseas and continued geopolitical uncertainty
Nasdaq rout, Kospi crash drag Sensex, Nifty over 1% lower amid oil spike, West Asia tensions
Oil prices surge over 3% after Iran-Israel escalation; IT, metal stocks drag amid FII outflows and US rate worries
Shocking digital arrest scam exposes how fake ED officers in Nagpur cheated an 85-year-old retiree of 87 lakh through fear tactics, forged documents and constant surveillance.
Domestic markets open lower as oil spike, Asia selloff hurt sentiment
Nifty 50 falls 1.22% to 23,080.70, while the BSE Sensex loses 1.11% to 73,421.61 by 9:15 a.m.
Bitcoin steadied in early Asia trading on Monday after recovering some lost ground since dropping below $60,000 late last week a level not seen since Donald Trump won reelection in 2024.
The Nifty 100 is down 8.7%, how did active large-cap funds perform?
Seventeen of 33 large-cap schemes have fallen more than the benchmark, while several of the category's largest funds are among the laggards.
Nifty may lose 300 points at open amid global headwinds
Korea, Japan markets see bloodbath. Kospi plunges nearly 10%, Gift Nifty signals gap-down as geopolitical tensions and AI trade worries weigh on sentiment
8th Pay Commission: Delay may mean arrears worth lakhsHere's the math behind the 14 lakh claim
The 8th Pay Commission has extended the deadline for input submissions to June 15, 2026. Central government employees may receive arrears between 5 lakh and 14 lakh, depending on the fitment factor, which is still under discussion for the upcoming pay structure effective from January 1, 2026.
South Koreas KOSPI plunges nearly 9%, circuit breakers halt trading
The steep losses prompted the activation of market-wide circuit breakers, halting trading for 20 minutes to curb volatility.
Asian stocks sink amid tech sell-off, rising oil prices and rate hike fears
South Koreas KOSPI dropped more than 6.8%, while Japans Nikkei lost 3.4%
Sensex today | Stock Market Live: Stock to buy today: The Phoenix Mills(1,745.20)
Sensex, Nifty, Stock Price Live Updates: Traders can consider buying the stock of The Phoenix Mills now at 1,745 and accumulate if the price dips to 1,700
8th Pay Commission: Proposed fitment factor 3.833 vs 4 impact on salary hike explained
8th Pay Commission: A major salary boost is expected for central government employees as unions push for a higher fitment factor. The fitment factor comparison between 3.833 and 4 explains the rationale for stronger pay demands, improved pensions and an inflation-linked basic pay revision.
EPFO eases 100% PF withdrawal rules for special cases: Here's what changed
The EPFO has introduced reforms allowing 100% withdrawals for members under special circumstances without needing to provide reasons. This aims to enhance convenience and improve the experience for EPF subscribers, although normal situations still permit only 75% withdrawals.
From the seamless beach vibes of Thailand and Malaysia to the budget-friendly cultural boom in Vietnam, Gemini suggested 7 easy trips for Indian tourists
Leave encashment tax relief: Eligibility and exemption limits explained
Salaried employees can carry forward unused paid leaves and opt for leave encashment instead of taking time off. This encashment is taxable, with treatment varying based on whether it's received during employment or upon retirement.
Emkay Wealth sees more upside in gold and silver How much should you invest?
Emkay Wealth Management remains optimistic about gold and silver, driven by macroeconomic uncertainty and central bank purchases. Details here.
Portfolio getting small- and mid-cap heavy? Here's how you can rebalance
Adding a balanced advantage fund or a dynamic asset allocation fund can play the role of a risk stabilizer without taking you out of growth assets altogether.
Sukanya Samriddhi Yojana: Ignoring this key aspect could reduce the final corpus
Contributing to an SSY account can yield significant benefits, but missing monthly deposit deadlines can result in lost interest and impact long-term compounding. Details here.
Analysts see West Asia tensions, crude prices and FII flows driving markets
Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71 per cent, and the NSE Nifty dipped 181.05 points, or 0.76 per cent.
