Planning to invest in a bond SIP? Why it doesn't work like your regular equity SIP
Running a SIP in fixed income works on a fundamentally different principle than running one in stocks
FM Sitharaman asks I-T dept to crack down on tax evaders, ease compliance for honest taxpayers
Finance Minister Nirmala Sitharaman called for firm actions against tax evaders while prioritising convenience of honest taxpayers. Details here.
Lords Mark Industries to issue shares at 158 apiece
Lords Mark Industries will issue over 10.28 lakh equity shares to Bennett, Coleman and Co at 158 apiece, signalling institutional confidence in its growth strategy
Q1 Results Today, July 24, 2026, Highlights: Follow businessline for more updates
EPFO: Want to claim provident fund after EPF member's death? Here's how Stepwise guide for families
Today, we take a look at how the family (nominees or legal heirs) of an EPF subscriber can claim the provident fund savings amount after the member's death. Here's a stepwise guide
EPF members can retrieve their forgotten UAN online via the EPFO portal or through SMS and missed call services. Details here.
Xtranet Technologies IPO subscribed 1.96 times, driven by retail investors
The issue closes on July 27, 2026, with shares scheduled to list on the BSE and NSE.
9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money
The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.
Nifty bleeds for fifth day as $100 oil rattles D-Street
Rate-sensitive sectors bore the brunt of the sell-off, with private banks and realty stocks leading the losses, while FMCG emerged as the only major sectoral gainer
Lohia Corp IPO sees increased retail interest on Day 2, subscription hits 0.59 times
Retail investors cross fully subscribed mark
Sumeet Industries raises 200 crore through rights issue to fund expansion
Sumeet Industries expects the recommissioning of the Nakoda CP Plant in Q1 FY28 to double its production capacity, strengthen backward integration and drive future growth
Indo-MIM IPO surges to 3.07x subscription on day 2; NII category crosses 8 times
With one day of bidding remaining, the issue closes July 27, 2026, all categories are now fully subscribed
The government penalised the MSP of the income tax e-filing portal due to an extension of the ITR filing deadline caused by technical issues in FY 2025-26. Here's why an extension this year is unlikely.
Fixed Deposits: Should you park 10 lakh in one FD or split it? Pros and cons explained
The better option depends on your financial objectives, liquidity needs, investment horizon and comfort with risk.
Indias forex reserves rise by USD 1.08 billion to USD 676.24 billion
The increase was driven by a USD 4.55 billion rise in foreign currency assets, which more than offset a USD 3.48 billion decline in gold reserves
SEBI proposes foreign investments, unhedged short positions for portfolio managers
The draft regulations also propose investments in to be listed securities, limited exposure to investment-grade unlisted debt, a Mutual Fund-only PMS framework and simplified compliance norms
Gifts received during the financial year may be taxable and need to be reported in the income tax return. Taxpayers should be aware of exemptions and the new reporting field for non-taxable gifts to maintain compliance.
The Odisha government has approved a 5% increase in dearness allowance for state employees and pensioners, effective January 2026. Here's a look at who's eligible and how it works
Brokers call: United Spirits (Reduce)
Choice Equity Broking
Monsoon respiratory infections: What your health insurance covers and when claims may be denied
Seasonal respiratory infections can lead to expenses beyond a doctor's visit. Here's what your health insurance is likely to cover, where claims may be denied, and the policy features to check before the monsoon season.
Rupee recovers 18 paise to settle at 96.55 against US dollar
Rupee opened weaker at 96.81 and traded in the range of 96.30-96.81 before eventually settling at 96.55 (provisional), up 18 paise from its previous close.
Mid-cap funds beat all equity categories over 1, 3 and 5 years, here are the top-performing schemes
Mid-cap funds have outperformed every equity mutual fund category over the last one, three and five years. Here's how the category fared and the schemes that delivered the highest returns.
RBI ramps up rupee support across markets as currency faces pressure, traders say
RBI likely intervened in the dollar-rupee non-deliverable forward (NDF), onshore spot and forward markets
ITR filing guide: How to report NSC and Kisan Vikas Patra interest
The interest earned from National Savings Certificate (NSC) and Kisan Vikas Patra (KVP) is taxable, but only NSC offers a Section 80C benefit under the old tax regime. Here is how to report income correctly in your ITR before the 31 July deadline.
Todays Gold Rate in India July 24: Gold prices down in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices down across Indian cities on July 24
Mphasis posts Q1FY27 revenue growth of 9.9% y-o-y, eyes best sequential quarter in three years
The companys stock traded at 2,235.50 on the NSE, peaking at 2,340, but remains 26% below its 52-week high of 3,037.20 from September 2025
Can the Income Tax Department issue a notice after a taxpayer's death? Allahabad HC answers
The Allahabad High Court has ruled that an income tax notice issued after a taxpayer's death is legally invalid. Here's what the judgment means for legal heirs and when the Income Tax Department can still recover dues.
Nifty pares losses from days low but stays in red at mid-session
Breadth on the BSE remained decisively negative, with 2,163 stocks declining against 1,752 advances out of 4,138 stocks traded.
PTC Industries bags artillery gun component order from gun factory Kanpur
The order includes engineering, manufacturing, and validation of high-integrity components for artillery systems, designed to endure severe load, shock, and vibration
Allied Blenders reports flat Q1FY27 profit as supply chain disruptions dent margins
Income from operations increased 5.8% year-on-year to 984 crore, up from 930 crore, driven by 10.7% volume growth in the Prestige & Above segment and 2.3% in Mass Premium
Highway Infrastructure bags 28.69 crore NHAI toll contract
The Indore-based company will manage fee collection at the Kozhinjipatti Fee Plaza on the DindigulSamayanallur section of NH-44 in Tamil Nadu.
Filed your ITR? Don't miss this final step or your income tax return may be treated as invalid
Filing your Income Tax Return is only half the job. Taxpayers must e-verify their ITR within the prescribed deadline, or the return may be treated as invalid.
UAEs First Abu Dhabi Bank offers $1.5 billion for India expats FX programme
The United Arab Emirates largest lender is targeting customers based in West Asia and is in talks with banks in India that could issue standby letters of credit to back the financing
Caliber Mining and Logistics shares list at up to 18.8% premium over IPO price
At 10.44 am, the stock traded 15% above the offer price at 486, hitting a high of 510 on the NSE
Cipla shares rise 3.7% despite Q1 profit fall, brokerages remain cautious
The companys Q1 PAT decreased to 789 crore from 1,298 crore last year, while total revenue rose to 7,119 crore from 6,957 crore
Switched jobs? Your EPF may not transfer automatically unless you meet these conditions
EPFO now automatically transfers EPF balances for eligible members after a job switch, removing the need to file a transfer claim in many cases. But the facility works only if specific conditions are met and missing records can still hold up the transfer.
Meesho shares fall 6% despite narrower Q1 loss
Meesho provided long-term growth guidance of 25% CAGR for the next five years, with higher growth expected in the initial years and lower growth in the latter years
Infosys shares fall over 2% after Q1 results; brokerages trim target prices
The stock traded at 1,032.70 at 9.37 am on the NSE, hitting a low of 1,023 from the previous close of 1,047.40
Rupee Rises 22 Paise to 96.51 Against US Dollar in Early Trade
The rupee ended 20 paise weaker at 96.73 against the US dollar on Thursday.
Gold and silver prices today, 24 July: 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 and how they are affected by ongoing geopolitical developments.
Nifty slips below key support as crude tops $100, tech selloff rattles global markets
The realty sector was among the hardest hit, recording the steepest sectoral decline of 1.75% in the previous session, with selling pressure persisting across most major sectors.
Health insurance claim rejected over hospitalisation? Court rules in policyholder's favour
A Delhi consumer commission has ruled that health insurers cannot reject claims merely by declaring hospitalisation medically unnecessary without evidence. The order reinforces that a treating doctor's clinical judgment cannot be replaced by an insurer's assessment.
Q1 Results Today, July 24, 2026, Live Updates: Follow businessline for more updates
ITR filing: Section 143(1) tax demand explained; steps to avoid penalties and disputes
A Section 143(1) tax demand does not always mean your ITR is wrong. Here's why taxpayers receive this notice, how to verify mismatches, respond correctly through the Income Tax e-filing portal and avoid penalties.
Temasek-backed Manipal Health seeks to raise $960 million in IPO; price band set at 560-590
Manipal Health will start taking investor orders on July 29 and plans to close bidding on July 31.
Sensex, Nifty, Share Prices Live Updates: Rising crude oil prices, unwinding of yen carry trade, fresh US tariff, weakening rupee to hurt market sentiment
ITR filing deadline 2026: 5 income tax penalties every taxpayer must know for AY 2026-27
Five income tax penalties applicable for AY 2026-27 include late Income Tax Return filing fees, revised return charges and misreporting penalties. Here's why filing your ITR before 31 helps avoid fines, delays and tax notices.
Watch out for these 9 stocks, including Infy, Shadowfax, Akums, Swiggy and Eternal on Friday
From significant block deals and strategic acquisitions to key leadership changes and regulatory updates, Fridays trading landscape features pivotal developments for stocks like Shadowfax, Infosys, and Swiggy
The 8th Pay Commission could significantly raise HRA for Level 15-18 Central government employees if a higher fitment factor is approved. Illustrative estimates indicate monthly HRA may reach 1.93 lakh in X-category cities, though final revisions await the government's decision.
SIFs are designed to improve risk-adjusted returns: Edelweiss' Bhavesh Jain
Instead of focusing only on headline returns, investors should start looking at risk-adjusted returns, says Edelweiss Mutual Fund's Bhavesh Jain
Today we explain how investors with unclaimed LIC insurance amounts or inoperative EPF accounts can check their dues and make claims online facilitated by the Centre's Your Money Your Right campaign.
Here's a comparison of NRE and NRO accounts, along with the latest interest rates offered by leading lenders such as State Bank of India, HDFC Bank, Punjab National Bank and Axis Bank on fixed deposits with tenures ranging from five to 10 years.
Provident Fund: Forgot your UAN? Here's how to instantly recover your PF number online
Assigned by the EPFO, the UAN is a permanent 12-digit code that stays with you throughout your professional career.
The West Bengal government has constituted the state's 7th central pay commission and appointed former IAS officer Atanu Chakraborty as Chairman of the panel. Here are the latest updates from the state...
SEBI weighs risk-based margin framework to boost cash market participation
The proposal could lower upfront margins for trades in highly liquid stocks by around 10-15 percent
Q1 Results Today Highlights July 23, 2026: Follow businessline for more
Lohia Corp IPO sees muted response on day 1; subscription at 0.39x
The IPO, priced at 404425 per share, received bids for 56.38 lakh shares against the 1.43 crore shares on offer
Crude surge, Iran tensions drive Nifty to fourth straight loss
Realty stocks were the worst performers, falling nearly 1.8 per cent, while chemicals, PSU banks, and oil and gas stocks were also among the key laggards
Brokers Call: Hindustan Aeronautics (Buy)
Anand Rathi Research
Aastha Spintex board clears 1:1 bonus issue, expands into value-added textiles
The company will raise its authorised share capital to Rs 100 crore for the bonus issue and support its expansion into value-added textile products
The Karnataka High Court ruling clarifies that property received by a father from his own father does not automatically become ancestral. Children cannot claim a birthright in such assets if they remain the father's self-acquired property.
Rupee slips 4 paise to settle at 96.57 against US dollar
Forex traders say likely intervention by RBI provided support to rupee
Cash deposits below 10 lakh can still attract an Income Tax notice. Here's why
The 10 lakh threshold under Rule 114E only determines when banks must report cash deposits through the Statement of Financial Transactions (SFT). It does not prevent the Income Tax Department from seeking information about deposits below that limit where required under the Income-tax Act.
Section 44ADA allows eligible professionals to pay tax on 50% of their gross receipts as taxable income, treating the rest as a deemed expense deduction. The scheme applies to specified professionals with receipts up to 50 lakh, extendable to 75 lakh if cash receipts are within 5%.
Over 3 crore ITRs already filed: What happens if you miss 31 July deadline? Tax experts explain
With more than 3 crore Income Tax Returns already filed, taxpayers have a limited time before the 31 July 2026 deadline. Missing it can lead to late-filing fees, interest, refund delays, psychological stress, and loss of tax benefits, making timely filing essential.
Small-cap investing has historically delivered strong return potential but with frequent sharp corrections. Data from Nifty Smallcap 250 TRI show that staying invested through volatility and adopting disciplined approaches, such as SIPs, reduces the impact of market timing on long-term outcomes.
Sensex, Nifty sink below key EMAs at midday; Adani Enterprises, Cipla lead losses
The Niftys advances-declines ratio stood at a weak 19:31
Forgot your UAN? Here's how to retrieve it online through the EPFO portal
The Universal Account Number (UAN) is essential for checking your PF balance, filing claims and accessing other EPFO services. Here's how members can recover a forgotten UAN online or through EPFO's offline facilities.
Q1 Results Today Live Updates, July 23, 2026: Follow businessline for more
EPFO has urged salaried employees not to withdraw EPF savings for mutual funds, highlighting EPF's retirement, pension and insurance benefits. Here's how EPF differs from mutual funds, key features, tax benefits and practical investment takeaways for long-term financial planning.
IndiGo grants 1.13 lakh stock options at face value amid stock slide
The grant comes as IndiGo shares face pressure, with the stock down 0.73% at 5,079.50 on the NSE by mid-morning on July 23, compared to the previous close of 5,117
Can an insurer reject your claim over a tax issue? Consumer panel answers
A Rajasthan consumer commission has reportedly ruled that insurers cannot reject an otherwise valid claim merely because of an unrelated tax irregularity. The decision underlines that the reason for claim repudiation must have a direct link with the insured loss.
ETF split FAQs: Why fund houses are splitting units and how investors benefit
A split reduces the per-unit price of an ETF and increases the number of units an investor owns, while the total value of the investment remains the same. It is not a taxable event and tax applies only when the investor sells the ETF units.
HPCL shares slide as West Asia conflict hits margin, BPCL reverses loss
BPCL posted a consolidated net loss of around 1,873 crore in Q1FY27. The stock traded flat at 315.60on the NSE at 10.32 am after declining nearly 2.8 per cent to 305.10 in early trade from the previous close of 314.
Global diversification matters more than ever, says Marcellus' Saurabh Mukherjea
Marcellus Investment Managers' founder and CIO Saurabh Mukherjea argues that portfolios anchored solely to domestic markets may no longer be enough.
The Centre has introduced a paperless CGHS pensioner card application process through the Bhavishya Portal for retiring central government employees. The move enables auto-filled applications, PAN-based verification, online payment and faster access to CGHS healthcare benefits after retirement.
NTPC Green Energy shares zoom 9% after Q1 results
The stock climbed 8.8% on the NSE to a high of 99.39 compared with the previous close of 91.30
Sensex, Nifty slide at open as West Asia crisis drives oil above $95; Dr Reddy's drags pharma
Brent crude climbs above $95 a barrel, while WTI crude pushed toward $88, after Houthi rebels targeted Saudi oil tankers in the Red Sea
Dr Reddys Lab shares hit 52-week low after Q1 profit falls 69%; brokerages cut targets
Citi retains its sell call with a target price of 1,040, and BofA retains its accumulate recommendation with a target price of 1,480, compared with an earlier target of 1,500
The e-Pay Tax facility allows taxpayers to pay direct taxes online quickly and securely without visiting a tax office. It supports both pre-login and post-login payments through multiple payment modes, offering flexibility and easy access to challans and payment records.
Eternal shares gain after Q1 profit; brokerages see strong growth and execution
The stock rose as brokerages noted strong execution, faster growth in food delivery and quick commerce, and better profitability amid high competition
Gold off two-week peak as oil advances; Fed meeting in focus
Spot gold was steady at $4,132.01 per ounce as of 0324 GMT, after reaching a session high of $4,165.87, the highest since July 7
Rupee Rises 5 Paise to 96.48 Against US Dollar in Early Trade
At the interbank foreign exchange, the rupee opened at 96.53 before inching up to 96.48, up 5 paise from its previous close.
Gold and silver prices today, 23 July: 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 and how they are affected by ongoing geopolitical developments.
Q1 Results Today Live Updates, July 23, 2026: Follow businessline for more
NPS rule change: Pension funds liable for third-party lapses under new PFRDA rules
PFRDA has amended NPS regulations to make pension funds accountable for lapses by third-party entities engaged to provide subscriber services. The regulator has also introduced a Regulatory Sandbox framework to encourage innovation while safeguarding investors.
Silver imports slump as new licensing disrupts shipments
In May, the country imposed silver import licensing to conserve foreign-exchange reserves, reducing shipments from 747 tons in January to an estimated 29 tons in June, according to Metals Focus
IPO corner: Xtranet Tech issue opens at 120-127 price band
Market lot is 110 shares

31 C
