30 C 
Alkem Laboratories promoters sell 1.5% stake for 930 crore via block deal
Following the transaction, promoter group member Jayanti Sinha exited the company, while overall promoter holding declined to 49.71% from 51.20%
Applying for a personal loan? Here's the list of documents you will need
To get a personal loan, a borrower must submit certain documents. Applicants should prepare documentation in advance for quicker processing. Here's a list of documents you will need and eligibility criteria to apply for a personal loan.
REITs distribute 8900 crore to unitholders in FY26, a 50% increase in disbursements
In FY26, India's five publicly listed REITs distributed over 8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.
IPO issuers opt to wait rather than resize offerings
Companies are evaluating issue-size revisions and extended approvals, but most remain in wait-and-watch mode
UPI goes live in Cambodia: Indian tourists can now pay at 4.5 million merchant outlets via KHQR
Indian users will be able to make QR payments at over 4.5 million merchant outlets in Cambodia. The next phase of the initiative will allow Cambodian visitors to do the same in India. Details here.
I was keen to understand if a budget of 1.5 lakh for two people is the end of the dream, or can it actually unlock a memorable stamp on your passport? Here's what ChatGPT says
India tightens silver import rules, mandates prior approval
Last month, India had placed imports of silver bars with 99.9% purity and all other semi-manufactured forms of silver under the restricted category
IT stocks recovery arrests Sensex, Nifty slide
Indian stocks slip to 7th spot behind South Korea
Teen cricketer Vaibhav Suryavanshi has a net worth of 7 crore at 15, primarily from cricket earnings and endorsements. Tax laws for minors in India generally club their income with that of the parent, with exceptions for specific circumstances like income from personal skills. Details here.
50,000 salary blueprint for Bengaluru women: Budgeting, SIPs, tax planning and wealth creation
Working women in Bengaluru earning 50,000 should prioritize personalized financial planning. By tracking expenses, building an emergency fund, and utilizing AI tools for budgeting, they can achieve financial stability and make informed decisions for their future.
Brokers Call: KNR Constructions (Neutral)
Motilal Oswal Research
Equity MFs investing in energy stocks turn chart toppers
Despite economic strain from the oil shock, equity mutual funds in the energy sector have performed remarkably, gaining 9.4% in 2026. The Nifty Energy Index rose 14.3%, benefiting from strong earnings growth and high demand, making these funds a tactical investment choice for high-risk investors.
ITR filing AY 2026-27: Why salaried taxpayers should wait until 15 June before filing returns
The Income Tax Act, 2025, effective from April 1, 2026, renames Form 16 to Form 130. Salaried taxpayers should wait until June 15 to file ITR for AY 2026-27, as employers must provide Form 130 by this date for accurate filing.
Tax on property sale in India: How capital gains are taxed and ways to claim exemption
Selling a house can result in capital gains tax, depending on how long the property was held. However, certain exemptions are available for homeowners. Full details here.
Home loan balance transfer explained: How lower rates can cut EMIs and save lakhs
New home loan borrowers should consult financial advisors to assess their financial health before choosing a loan. A balance transfer to a lender with lower rates can lead to significant savings over time, but borrowers must weigh the benefits against potential costs and challenges.
RBIs intervention contains rupee's fall, shrinks dollar-rupee forward premiums
Despite the interventions, traders reckon the pressure on the rupee will persist in the near term as capital flows remain weak and uncertainty over the Middle East conflict keeps oil prices volatile
Gold futures rise nearly 1% to 1.6 lakh/10g on firm global cues
Analysts said precious metals prices gained as investors reassessed geopolitical risks after fresh military developments in West Asia which complicated efforts to secure a lasting peace agreement between the US and Iran.
Nomura bets on India datacentre boom, CG Power, GE Vernova among top picks
Indias datacentre IT load capacity increased from around 350 MW in 2019 to nearly 1.5-1.6 GW in 2025, implying around 29 per cent CAGR compared with about 20 per cent globally
DTAA explained: How NRIs can avoid double taxation and save on taxes?
DTAA allows NRIs to pay tax only in one country or at reduced rates, preventing double taxation on income earned in India and their country of residence. Here's how it works.
Silver climbs 2% to 2.71 lakh/kg in futures trade amid strong global cues
Strong overseas cues and geopolitical uncertainty lift the white metal
AI trillion-dollar boom: Why India missed the biggest wealth-creation story of the decade
The AI wave has not merely created new products. It has minted trillions of dollars in market value and transformed a handful of technology firms into wealth-compounding machines.
Add-on credit cards can offer benefits, but should only be used with caution, as shared credit limits, full repayment liability, and credit score risks can affect family financial control.
Gold rises as lower oil eases inflation, rate-hike fears
The metal remains in a short-term downtrend, with a break above $4,630 needed to signal a more constructive outlook and potentially attract fresh momentum buying
A conservative evaluation of a 1.5 crore home purchase in Gurugram on a 25 LPA salary reveals affordability concerns.
ITR: When can taxpayers claim deductions under Sections 80C, 80CCC, 80CCD (1), 80CDD (1B), 80D, 80DD, 80DDB, 80E, 80EE, and 80EEA of the I-T Act, as applicable under the old tax regime? Here's a look
I asked ChatGPT to keep my job future-proof: AI asks me to build a T-shaped profile
A simple learning system emphasises mastering fundamentals, building visible work and public application, according to ChatGPT.
Are target maturity funds right for you? Here's how passive debt investing works.
These passive debt instruments offer a way to lock in predictable returns, but their safety depends entirely on an investor's ability to time them right and hold to maturity.
Choosing a health insurance plan requires due diligence and understanding personal needs. HDFC ERGO offers comprehensive coverage, while ICICI Lombard provides cost-efficient modular options. Here is a detailed comparison between the two.
India slips to seventh in global market cap rankings as South Korea pulls ahead
Driven by AI chipmakers, South Korean stocks have rallied this year lifting the combined value of companies listed on its exchanges to $5.01 trillion, surpassing the $4.85 trillion value of firms on Indias NSE
EPFO 3.0 ATM withdrawal explained: Launch status, PF withdrawal process, rules, and limits
Want to know if EPFO 3.0 ATM withdrawal is live? Check the latest update, official status, PF withdrawal process, UPI option, rules, limits, launch timeline, login details, and what members should do now.
Sensex, Nifty, Share Prices highlights: Sensex jumps 609.45 points to settle at 77,496.36; Nifty climbs 181.95 points to 24,177.65.
Secure a steady retirement income with the Senior Citizens Savings Scheme (SCSS) at 8.2%. A couple can earn nearly 5 lakh annually on a 60 lakh investment backed by a government guarantee.
VPRPL posts 151.77 crore quarterly loss; stock hits lower circuit
Following the reported pre-tax loss, the companys stock hit the lower circuit at 36.03 down nearly 5% on Tuesday, June 2, 2026.
Financial planning includes calculating your savings, investments and retirement fund before making investment decisions. If you plan to purchase an SUV in the next 2-5 years, here's how you can use SIPs to build adequate corpus
Coforge jumps 5% on launch of AI platform for global insurance market
The stock opened at 1,472.20, touched a high of 1,538.50 against a previous close of 1,461.20, reflecting strong market response to the announcement
Wockhardt shares tumble 9% amid profit booking after sharp rally on Zaynich approval
The recent rally in the stock followed the USFDAs approval for Zaynich (cefepime and zidebactam), an intravenous antibiotic for treating adults with complicated urinary tract infections (cUTI)
Ola Electric launches QIP at 37.74 floor price; May sales jump 23%
The company attributed the recovery to a retail restructuring at the front end and stronger execution, alongside rising petrol prices driving consumer interest toward EVs
On 2 June, gold prices on MCX rose marginally amid a weaker dollar and declining crude oil prices. MCX gold August futures rose to 1,59,440 per 10 grams, while geopolitical tensions surrounding US-Iran negotiations continued to impact markets.
Rupee rises 16 paise to 95.03 against US dollar in early trade
In the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar and reached 95.03, gaining 16 paise from its previous close
HUL opens India's first Unilever Fragrance Hub at IIT Bombay
The Mumbai facility combines proprietary creation software, real-time evaluation data capture, and advanced compounding technologies, enabling end-to-end fragrance design, testing, and refinement
Markets open lower; IT stocks buck trend as selling pressure continues
Sensex opened at 73,945.20 and was trading at 73,981.34, down 286 points (0.39%) at 9:21 am; Nifty 50 opened at 23,229.15 and was at 23,278.35, down 104.25 points (0.45%)
Why time in the market is more important than timing the market
Giving your portfolio time is one of the best investment choices you can make, as equities require a long-term investment horizon to truly perform.
8th pay commission: Panel extends memorandum submission date to 15 June Check top updates
8th pay commission: The 8th CPC panel has extended the deadline for submission of memorandums from employee representatives, groups and unions to 15 June. Check here for latest top updates, meetings, and more
Nifty seen opening 200 points lower amid rising geopolitical concerns
Weakening rupee, FPI selling, geopolitical tension continue to haunt market sentiment
A state government employees' forum leaders said that West Bengal CM Suvendu Adhikari has assured that pending dearness allowance dues will be cleared as per the Supreme Court order. Here's all we know
SEC defends compromise settlement in Elon Musk Twitter shares dispute
The settlement would require a trust associated with Musk to pay $1.5 million to resolve claims that the delayed disclosure allowed him to acquire shares at lower prices before the market became aware of his stake
SEBI cancels registrations of five AIFs over reporting violations
The affected entities are Exponential Innovation Fund, Florintree India Flexi Advantage Trust, Prime Realty Capital, Rudrabhishek Infrastructure Trust and Victory Investment Fund
SEBI approves State Street Global Advisors stake acquisition in Groww AMC
The approval follows earlier clearances from Growws board and the Competition Commission of India
Sensex today | Stock Market Live: Stock to buy today: NBCC (India)
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for NBCC (India). The stock surged over 4 per cent on Monday when broader markets were beaten down. Mondays rise confirms an inverted head and shoulders pattern on the chart. The neckline support of this pattern is around 101. Fresh buyers are likely to come into the market around this support level and limit the downside.
Government launches NHPC OFS to sell up to 6% stake at Rs 71 per share
The OFS will open for non-retail investors on June 2 and for retail investors on June 3
Coca-Colas Indian bottling unit targets potential stock market debut in 2027
Coca-Cola said it will remain invested in HCCB even after any potential listing
Why Devina Mehra keeps 85% of her portfolio outside India
The First Global founder explains why asset allocation matters more than stock picking, why she remains underweight on the US and why she avoids real estate and private credit.
Annapurna Bhandar Scheme 2026: Check eligibility, how to apply online and documents required
Want to apply for Annapurna Bhandar online? Check the official website, eligibility, required documents, form download steps, offline option, status check process, and scam alerts in one place.
I asked ChatGPT if old-school shopping is better than quick commerce its answer shocked me
As quick commerce transforms grocery shopping in India, urban couples face unplanned expenses due to ultra-fast delivery services. Here's what ChatGPT suggested to reduce decision fatigue and save 15-30% on monthly grocery bills
Inflation-driven shifts are reshaping tax-aware retirement income strategies, as fixed deposits alone are no longer sufficient to keep pace with inflation. Retirees need to invest in diversified, tax-efficient, and inflation-protected assets to secure a steady income.
Gold declines 2,500 to 1.6 lakh/10g amid fresh US-Iran tensions
Silver prices also weakened sharply, falling 5,000, or nearly 2%, to 2,69,700 per kilogram (inclusive of all taxes)
Mutual funds, SIFs and PMS: Comparing risk, flexibility and investment limits
SIFs sit between Mutual Funds and PMS, offering flexible, advanced strategies with moderate entry levels and regulation. Investors should understand the differences and consult a financial advisor before investing. So that sensible and professionally guided investments are made.
Not sure about how much of your portfolio should be invested in equity and how much in debt? This is where an asset allocation calculator can help. So, let's find out your ideal asset allocation.
NRO accounts allow NRIs to manage Indian income. Upon returning to India, NRIs must convert their NRO accounts to resident accounts by notifying their banks. Here's the entire process to do it and documents required.
From HENRY to HARRY: how high earners can escape the lifestyle trap and build real wealth
High salaries don't guarantee financial independence. Heres how time-poor professionals can escape the cycle of heavy EMIs and lifestyle inflation to secure long-term assets.
Nifty slides for fourth straight session; geopolitical flare-up and crude surge batter sentiment
The Sensex closed at 74,267.34, down 508.40 points or 0.68% from its previous close of 74,775.74, having opened the session at 75,203.02
5 diversified equity funds that have delivered the highest alpha
The metric used to analyze an equity fund's performance relative to its underlying benchmark index is alpha. Here's a list of top 5 equity funds by highest alpha that have outperformed their benchmark index.
UPI sets new record: Transactions reach 29.9 lakh crore in May
In May, UPI transactions hit a record high in both transactions and volume terms. This growth was driven by summer travel and IPL fever. Full details here.
Rupee ends little changed on two-way foreign portfolio flows, merchant hedging
The rupee closed at 94.99 per dollar, almost unchanged from its close at 95.00 on Friday.
8th Pay Commission fitment factor: Will it be 2.57, 2.86 or 4.0? Here's what experts say
Inflation fuels debate over the 8th Pay Commission fitment factor as unions push for higher multipliers and experts suggest a moderate revision to balance salary growth, pensions and fiscal stability ahead of 2036.
UPI security, LPG price revision, PAN rules: Key financial changes effective from June 1
Starting June, significant financial and regulatory changes will affect consumers, including updated UPI security measures, revised PAN compliance, and increased LPG cylinder prices. Full list here.
Silver futures rise to 2.67 lakh per kg
On the Multi Commodity Exchange, the white metal for July delivery rose by 502, or 0.19%, to 2,67,500 per kilogram with a turnover of 590 lots
Augmont launches Indias first AI-powered gold purity evaluation machine in suburban Chennai
Machine enables customers to instantly evaluate the purity of gold ornaments in a transparent, non-invasive, and hassle-free manner
Repo rate explained: How RBI rate cuts and hikes affect your EMIs, savings, and investments
Currently, the RBI has kept the policy repo rate at 5.25%, and the next monetary policy meeting is scheduled between June 3 and June 5, 2026. Here's a look at out how a repo rate cut or hike actually impacts your finances and investments.
Turn small SIPs into crores with the 8-4-3 rule, a compounding strategy that shows how disciplined monthly investing in equity mutual funds can steadily build long-term wealth. The focus must be on staying calm during market volatility and following well-established rules of wealth creation.
An analysis reveals that for a 1 lakh salary, Pune, Hyderabad, and parts of Chennai offer the best home-buying opportunities, while Mumbai is the least affordable.
Gold futures drop to 1,59,827/10g
Five timeless investing lessons from Warren Buffett's most storied 'no'
A crisis-tested investing lesson, Warren Buffetts 2008 rejection of Lehman and AIG highlights the value of balance-sheet strength, liquidity, trust and disciplined fundamental analysis. As an investor, one must follow fundamentals and make sensible investments backed by data and solid facts.
Rally follows announcement that the existing 11 per cent import duty on cotton would not be levied between June 1 and October 31.
NMDC posts record Q4 revenue of 11,173 crore; full-year PAT rises 11%
The state-owned miner also achieved its best-ever Q4 iron ore production of 162.72 lakh tonnes (LT), up 22% year-on-year, and best-ever Q4 sales of 152.99 LT, a 21% increase
Suraj Estate acquires Mahim land for 75 crore; stock slides 4% on Monday
The acquired plot is contiguous to the company's ongoing commercial project, Suraj One Business Bay
MCX starts trading in Silver 100 futures
Currently, the exchange has Silver Futures contracts on 30kg, 5kg, 1kg contracts and in Options, it trades in 5kg, 30kg monthly contracts
Sukanya Samriddhi Yojana: If opened at 5, will it mature at 21 or 26? Can you withdraw earlier?
The Sukanya Samriddhi Account matures 21 years after opening, regardless of the girl's age. Contributions last for 15 years, and the girl can withdraw 50% of the balance at 18 for education or marriage expenses. Tax benefits apply under Section 80C.
Gold slips on stronger dollar, oil as markets await Trump decision on Iran proposal
Spot gold fell 0.3% to $4,521.25 per ounce, after reaching a two-week high, while US gold futures for August delivery dropped 0.9% to $4,551.60
Q4 Results Highlights Today Live Updates: Stay tuned to businessline for the latest live updates on Q4 earnings.
RSL crosses 1,000 crore revenue mark; Q4 profit jumps 58% as stock rallies
Revenue from operations rose 8.05% to 1,006.96 crore, compared to 931.93 crore the previous year; profit before tax climbed to 66.35 crore from 54.63 crore in FY25
Virat Kohli led RCB to a five-wicket victory over GT in IPL 2026, delivering consistent performances through the marquee tournament and capping it off with an unbeaten 75 in the final. His disciplined approach is a reminder to investors to prioritize technique and strategy over aggressive tactics.
Jupiter Wagons shares slide 5% as Q4 profit plunges 73% YoY
The company's consolidated net profit for Q4 FY26 stood at 27 crore, down 73.5 per cent from 103 crore in Q4 FY25
IndiGo shares jump over 5% as brokerages stay bullish despite Q4 loss
The stock rose 5.2 per cent to 4,633.90, from the previous close of 4,405 before trading at 4,528.80, up 2.81 per cent, at 10.12 am
Gold and silver prices today, 1 June: Gold rates declined on MCX amid a stronger US dollar and rising crude oil prices. Check the latest 24K and 22K gold prices, along with 999 silver rates, in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
Godrej Properties acquires 23-acre plot in Greater Noida, eyes 7,000 crore revenue
The developer plans to build a group housing project on the 93,905 sq. metre plot, projecting revenue potential exceeding 7,000 crore from premium residential apartments across varied configurations
Rupee falls 9 paise to 94.94 against US dollar in early trade
On Friday, the rupee appreciated 73 paise to close at 94.85 against the US dollar on suspected interventions by the RBI.
