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Updated vs Revised ITR Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR. Here's what taxpayers should know about their differences ahead of the 31 December deadline.
Income tax refund failed? Here's a step-by-step guide for taxpayers to request refund reissue
Most taxpayers have received their ITR returns, but some still await refunds. If refunds fail, taxpayers can request reissue via the e-filing portal, ensuring bank details are correct.
How many times can you file a revised income tax return? Here's what I-T Department says
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.
Gujarat-based logistics company Yatayat Corporation files DRHP with Sebi for IPO
Logistics firm Yatayat Corporation India Ltd has filed preliminary papers for an IPO, aiming to raise funds through a fresh issue of equity shares and an offer for sale. The company plans to use the proceeds for debt repayment, working capital, and general corporate needs.
Sebi eases BSDA rules, excludes ZCZP bonds, delisted stocks from account valuation
Sebi is making demat accounts simpler for investors. Zero Coupon Zero Principal bonds and delisted securities will no longer count towards the value limit for Basic Services Demat Accounts. This change aims to ease investing and reduce compliance burdens. These new rules will be effective from March 31, 2026.
US stock markets to see shorter trading hours on December 24, remain shut on Christmas Day
U.S. financial markets will close early on Christmas Eve and remain shut for Christmas Day, returning to a normal schedule Friday. Stocks traded sideways Wednesday following a record session, with investors anticipating a Santa Claus rally. This year-end period typically sees markets drift higher due to limited economic news.
Agios Pharma shares jump 16% as US FDA expands approval for blood disorder drug
Shares of Agios Pharmaceuticals jumped nearly 16% on Wednesday after the U.S. Food and Drug Administration approved the expanded use of its drug for the treatment of a type of blood disorder.
SFIO has initiated an investigation into IndusInd Bank over discrepancies in its derivatives trades and certain balance sheet accounts. The bank informed exchanges about receiving a formal notice and said it is cooperating fully with the probe under the Companies Act.
Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effort
Nike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.
Gold breaches $4,500 for first time in international markets. How soon in 2026 can it hit $5,000?
Gold surged to a fresh lifetime high above $4,500 an ounce on safe-haven demand, central bank buying and rate-cut hopes. Domestic prices also hit records, aided by a weaker rupee, with analysts predicting a move toward $5,000 amid global uncertainty.
US stocks trade flat ahead of Christmas break
Wall Street indexes opened nearly flat in shortened Christmas Eve trading on Wednesday, as traders wait to see whether stocks can extend record gains in a seasonally strong stretch for markets.
US unemployment claims fall again last week, remain at historically healthy level
The number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that the labor market is weakening.
NHAI receives Sebi approval for Raajmarg Infra Investment Trust as Public InvIT
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) has received approval from the Securities and Exchange Board of India (SEBI) as an Infrastructure Investment Trust (InvIT), an official statement said on Wednesday.
Reliance resumes Russian oil imports to feed Jamnagar refinery
Reliance itself paused Russian purchases after the US sanctioned Rosneft PJSC and Lukoil PJSC on Oct. 22 and gave refiners a month to wind down transactions with the two producers
Copper hits record near $12,300 on US GDP growth, weak dollar
Copper advanced for a sixth straight session to an all-time high close of $12,300 on Wednesday as robust U.S. economic growth boosted demand prospects and a weaker dollar supported prices.
Indian refiners have constantly adjusted to sanctions, compliance requirements and evolving regulatory regimes in 2025, which is expected to continue in 2026
Retail investors continue to bet big on ETFs
Investors are increasingly looking at exchange traded funds (ETFs metals and equity) and index funds as a core allocation tool while adopting a holistic approach to portfolio construction
As crypto and private credit hit the mainstream, investor risk seen multiplying
U.S. investors may soon have access to a greater array of products tied to asset classes like private credit and crypto as the Trump administration and SEC push to open markets, a change that some investment advisors say puts too much onus on individuals to protect themselves.
Mint Explainer | Cheaper loans, rising pricesis buying a home really affordable?
Home buying has become relatively more affordable in most major cities but this improvement is uneven and increasingly skewed towards premium housing
Largecaps make a strong comeback in 2025: 6 stocks soar over 50%
Largecap stocks staged a strong comeback in 2025 after two years of lagging midcaps and smallcaps. One-third of largecaps gained over 20%, with six soaring more than 50%. Technical indicators signal institutional buying and sustained momentum, suggesting largecaps may continue to lead heading into 2026.
Vedanta, Shriram Finance among 7 largecap stocks hit 52-week highs; gains of up to 35% in a month
Seven large-cap stocks, including Vedanta, Shriram Finance, Hindustan Zinc and Hindalco, hit fresh 52-week highs on Wednesday despite a weak broader market.
Santa Claus rally in India bonds to ride on after RBI's liquidity injection gift
The latest intervention from the central bank through liquidity injection will ensure a sustained rise in government bond prices, as well as ensure banking system liquidity stays at an optimal level till the end of this financial year, traders said.
India bonds swing to biggest gains since May after RBI announces cash infusion
Indian government bonds jumped on Wednesday, with the benchmark bond yield marking its biggest single session plunge in seven months after the central bank eased supply concerns by announcing a hefty liquidity injection for the coming month.
AI spending, strong corporate profits, Fed rate cuts seen as key to 2026 stock market
The U.S. stock market is closing the books on a third straight year of double-digit percentage gains. A fourth stellar year in 2026 may be a tall order, requiring strong earnings, a dovish Federal Reserve and strong artificial intelligence spending.
Market expert Gurmeet Chadha says his journey to financial independence was shaped not by skill or qualifications but by the ability to endure stock market volatility. Emphasising long-term investing and patience, he believes surviving market cycles and trusting Indias growth story are key to building wealth.
One man distilled up Amrut and Indri single maltsmeet Indias Surrinder Kumar
Two decades ago, nobody had heard of Indian single malt. Today, it outsells imports. The man who scripted this revolution is master distiller Surrinder Kumar. His experiments, risks and patience reshaped how the world views Indian whisky. This is his story.
Nifty may stay range-bound near 26,100 before attempting a breakout towards 26,500, says Rohit Srivastava, Founder of Strike Money Analytics and Indiacharts. While IT stocks offer short-term trading opportunities despite policy jitters, metals could outperform amid a weakening dollar. Key technical levels, sector calls and Santa rally cues explained for investors.
Axis Energy, Reliance Industries emerge top bidders in coal gasification block auctions
According to technical bid details, the two companies jointly bid for 17 coal blocks across Odisha, Chhattisgarh and Andhra Pradesh, many of which have underground coal gasification potential
Sensex, Nifty end marginally lower ahead of Christmas; Trent, Shriram Finance gain
Trent, Shriram Finance lead Nifty 50, IndiGo, Adani Enterprises major laggards
Rupee slips as corporate dollar bids eclipse uptick in Asian peers
The Indian rupee closed modestly weaker on Wednesday as dollar demand from local corporates and on account of maturing positions in the non-deliverable forward (NDF) market blunted positive cues from gains in most regional peers.
Rupee falls 16 paise to close at 89.79 against US dollar
The central banks announcements failed to boost market sentiments, amid strong dollar demand and rising crude oil prices, say forex traders
NSE, BSE trading holidays for 2026
Read the table below for list of 15 holidays that fall on weekdays
Who needs to file revised ITR after Income Tax Department's message?
The Income Tax Department has alerted many taxpayers that their refunds are on hold due to ITR mismatches. The identified taxpayers must file revised returns by 31 December 2025, or face additional tax liabilities.
Market Wrap: Sensex down 116 pts, Nifty below 26,150 as foreign outflows drag
The Sensex fell 116 points, or 0.14%, to end at 85,408.70, while the Nifty 50 slipped 35 points, or 0.13%, to close at 26,142.10.
Nuvama Institutional Equities has initiated coverage on Knowledge Marine & Engineering Works with a Buy rating and a target price of Rs 2,500, citing strong maritime sector tailwinds, a robust order book, superior margins, and execution strength across geographies. The brokerage expects sharp growth in revenue and profitability through FY28, supported by government-led infrastructure spending and green tug opportunities.
Why Indias music labels are moving beyond songs to manage artists, fandoms and revenue streams
Music labels are expanding beyond recordings into artist management, betting on independent musicians, fan engagement and 360-degree deals to secure content pipelines and unlock new revenue streams.
Gujarat Kidney and Super Speciality IPO subscribed 4.62 times so far on final day
Ahead of the public issue, Gujarat Kidney and Super Speciality mobilised a little over 100 crore from anchor investors
Shares of Manappuram Finance and Muthoot Finance hit record highs on the BSE as domestic and global gold prices touched fresh peaks. Rising bullion prices, strong gold loan demand, and favourable brokerage outlooks have driven sharp gains in gold-backed lenders, significantly outperforming the broader market in 2025.
Indias mustard acreage up 4.3% as of Dec 15
Significant expansion in Rajasthan, Uttar Pradesh, Madhya Pradesh, Haryana, and West Bengal area, SEA survey shows
NSE Holidays 2025: Leading exchanges NSE and BSE will remain closed for trading on Thursday, December 25, due to the Christmas holiday. The commodity exchanges MCX and NCDEX will also take a days break and resume trading on Friday.
When buying insurance, why honesty is the best policy for claims and coverage
Concealing health details may help secure a policy, but it can derail claims later. Why full disclosurenot approvalis the real test of a successful health insurance plan.
Tax benefits on loans explained: Home, education, vehicle and personal loans
The article highlights tax benefits for various loans, focusing on home loans, education loans, vehicle loans, and personal loans.
Silver at $200 by 2026? Rich Dad Poor Dad author Robert Kiyosaki makes bold prediction
Silver has surged past $72 an ounce, delivering nearly 140% gains this year and drawing fresh investor interest. Against this backdrop, Rich Dad Poor Dad author Robert Kiyosaki has predicted silver could hit $200 by 2026, citing hyperinflation risks, rising industrial demand and weakening fiat currencies as key drivers.
These 12 smallcap multibaggers rallied every year for 3 years, surging 500-1,450%
The market script took an unexpected twist in CY25. While the Sensex marched ahead confidently, gaining 9.5%, the BSE Smallcap Index stumbled, slipping 6.5% over the same period. For smallcap investors, it felt like the music had suddenly stopped. But this short-term pain hides a much bigger story.
Stage collapses to flight delays: Why wedding insurance remains a hard sell
India will host weddings worth 6.5 trillion this year, yet few couples insure them. High costs, rare mishaps, and confusing exclusions keep wedding insurance on the sidelines.
After golds big year, can equities steal the spotlight again in 2026? Dipan Mehta answers
After golds surprise rally in 2025, equities could regain leadership in 2026, says Dipan Mehta, Director at Elixir Equities. Small- and mid-cap stocks look better placed as earnings catch up and valuations normalise. Metals, autos, ports and select NBFCs remain key themes, while asset-class leadership may rotate again next year.
Claims lack consistency and context, says Arul Selvan D on Chola allegations
Cholamandalam Investment and Finance Company (Chola) has refuted allegations of financial impropriety, asserting that all past transactions adhered to prevailing laws and regulatory frameworks. Management clarified that disclosures and fund diversions, including insurance transactions and payments to family members, were conducted with business rationale and proper approvals, emphasizing that current norms should not be retroactively applied.
Does holding a joint account with parents create tax liability for NRIs?
Many NRIs are unsure about the tax implications of operating family accounts. Heres clarity on beneficial ownership rules and key reporting requirements.
Power PSUs weigh exit from debt-laden energy-efficiency venture as stress mounts
Promoters of Energy Efficiency Services Ltd are considering a public listing of the company, which has outstanding dues of over 4,000 crore. While the company navigates its debt and cash flow challenges, experts suggest that government backing could attract investors.
Sensex, Nifty 50 flat ahead of Christmas holiday, IT stocks slip on H-1B visa lottery rule changes
Hindalco, Shriram Finance, Apollo Hospitals, Trent and Max Healthcare led Nifty 50, while Dr Reddys, Wipro, Sun Pharma, IndiGo and Reliance were top losers
Income Tax Refund Rule: If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the CPC has to forfeit its right to the ITR.
Bitcoin slipped below $88,000 amid thin holiday trading, with low liquidity amplifying modest sentiment shifts and increasing volatility risks. Profit booking and easing derivatives positions have kept prices range-bound, reflecting cautious market conviction rather than a strong bearish trend.
Indian equities look to earnings-led growth in 2026
Market participants expect the coming year to be driven less by broad-based re-rating and more by earnings delivery, domestic liquidity support and selective sectoral opportunities, even as global uncertainties linger
Groww shares soar 9% with the stock up 76% from issue price. Whats fuelling the rally?
Groww shares jump 9.5% as investors cheer the stocks upcoming BSE Large Cap index inclusion and the launch of its emergency trading platform, Groww Lite. The stock has surged 75.6% since its Rs 100 IPO.
Coal India subsidiary IPOs could boost shareholder returns: Parthiv Jhonsa
Coal India is set to unlock significant shareholder value with the upcoming listings of its major subsidiaries, BCCL, SECL, and MCL. Industry experts view this as a positive move, with MCL particularly noted for its operational efficiency. While holding company discounts are anticipated, the extent will depend on dilution levels and remaining subsidiaries.
Got income tax alert for filing revised ITR before 31 December? Step-by-step process explained
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, taxpayers are given the opportunity to file a revised income tax return.
Gold hits record 1.38 lakh/10g in futures trade; tops 4,500/ounce in international markets
Rallying for the third straight session, gold futures for February delivery increased by 791, or 0.57% to hit a lifetime high of 1,38,676 per 10 grams on MCX
Jupiter Wagons shares jump 35% in four days following promoter stake hike
Jupiter Wagons shares surged over 35% in four days after promoter Tatravagonka A.S. increased its stake to 19.24% through convertible warrant conversion. The acquisition was completed on December 19 and disclosed the same day in compliance with SEBIs insider trading regulations. The move boosted investor confidence, reflecting promoter faith in long-term growth.
Gold in your portfolio: What to expect from the safe-haven asset in volatile times
While most experts remain optimistic about gold, citing a macroeconomic backdrop that continues to favor it, some warn of short-term risks.
India Inc sees first earnings upgrade after a gap of 5 quarters
India Inc has recorded its first aggregate earnings upgrade in five quarters, driven by mid- and large-cap firms, signaling a turnaround in the corporate profit cycle. Motilal Oswal raised FY26 PAT estimates by 2% after a series of cuts over the previous four quarters, marking a clear inflection in earnings revisions.
Jefferies initiates coverage on Pine Labs with Rs 300 target price. Here's why it sees 28% upside
Jefferies has initiated coverage on Pine Labs with a Buy rating, citing an earnings inflection point, strong revenue growth prospects, and improving profitability. Expansion across digital payments and operating leverage could drive a potential valuation re-rating.
Below IPO price, anchor lock-ins for Citigroup-backed GK Energy and Saatvik Green end today
Anchor lock-ins for GK Energy and Saatvik Green Energy end today, releasing over 8 million shares into the market. Both stocks have fallen below their IPO prices despite strong listings and high subscription levels. GK Energys IPO was subscribed 93.6 times, while Saatvik Green drew nearly 7 times the overall demand.
Coal India shares gain 3% to top Nifty 50 after board okays subsidiaries listing
The stock traded at 408.85 with an increase of 2% and hitting an intraday high of 412.40, against the previous close of 400.40
Railway stocks are back in focus as RVNL, IRCTC, Jupiter Wagons and other rail-linked names rally ahead of the Union Budget 2026. Investors are eyeing potential increases in railway allocations, but analysts caution that pre-Budget spikes may be short-lived without sustained fundamentals.
Global investors turn to Chinese AI stocks amid Wall Street valuation concerns
Global investors are increasingly shifting capital to Chinese AI stocks as stretched U.S. tech valuations raise bubble concerns. Strong policy support, blockbuster chipmaker listings and Chinas push for technological self-reliance are boosting interest, with firms like Alibaba, Baidu and Tencent emerging as key beneficiaries of the growing AI investment pivot.
2026 Investment Outlook: Varun Saboo sees opportunity in financials, FMCG and Real Estate
Varun Saboo of Anand Rathi Shares & Stock Brokers is optimistic about Indian markets for 2026, favoring BFSI and consumer sectors. He sees strong potential in nascent categories within FMCG and believes white goods offer long-term accumulation opportunities despite near-term weather impacts. Real estate also remains attractive due to robust demand and a continuing upcycle.
ESG and Wealth Preservation: How sustainable investing fits into HNI portfolios
For HNIs, investing is increasingly focused on capital protection, risk management and long-term sustainability, not just returns. ESG investing has become a key framework globally, shaping how investors assess business quality and influencing capital allocation decisions among U.S. investors, Indian HNIs and family offices.
Hindustan Copper shares shoot up 17% in a week to their record high as copper prices rally
Hindustan Copper shares hit a fresh all-time high as copper prices surged globally and domestically, driven by tightening supply, green energy demand and improving industrial outlook. Strong price momentum and operational leverage have kept the stock firmly in investor focus.
5 practical steps to avoid legal action after a personal loan default
A personal loan default can lead to legal action, but timely communication, repayment planning, restructuring options and understanding recovery rules can help borrowers reduce risk and protect credit health.
Websol Energy System shares rally 14% after Rs 73 crore tax bombshell is defused
Websol Energy System shares jumped as much as 14% after the company won a key tax appeal, with authorities setting aside a Rs 73.04 crore demand for FY18. The ruling removes a major contingent liability from the solar firms books, triggering a sharp relief rally despite the stock being down 46% so far in 2025.
Crude oil futures gain as Q3 data shows US economic growth
At 9.56 am on Wednesday, February Brent oil futures were at $62.47, up 0.14% and February crude oil futures on WTI were at $58.50, up 0.21%
India bonds rally after Reserve Bank's $32 billion liquidity boost
Indian government bonds surged Wednesday following the Reserve Bank of India's announcement of a substantial liquidity injection. The central bank plans to inject approximately 2.90 trillion rupees through bond purchases and a dollar-rupee swap, aiming to ease concerns over upcoming debt supply and improve auction demand. This move provided much-needed clarity for the market.
Stock markets open flat ahead of Christmas closing
The Sensex climbed 115.8 points to 85,640.64 in early trade and Nifty went up by 40.7 points to 26,217.85
The media sector is ending 2025 as a poor performer, with most Nifty Media index stocks experiencing double-digit declines. Prime Focus, however, stands out with significant gains. Analysts attribute the sector's struggles to a shift in consumer habits towards digital platforms and a lack of innovation in traditional media.
Earnings revival, cheap valuations make India a strong bet despite FII caution: Siddharth Vora
Indian equity markets may be entering a constructive phase as earnings upgrades, supportive macro conditions and attractive valuations align. Siddharth Vora of PL Asset Management says domestic liquidity remains strong, risks are manageable and largecaps and midcaps offer better value than smallcaps, with cyclicals and financials emerging as key portfolio themes for the period ahead.
Rupee rises 12 paise to 89.51 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 89.56 against the US dollar, then gained some ground and touched 89.51 against the US dollar, registering a gain of 12 paise over its previous close
Vikran Engineering shares zoom 15% on Rs 2,035 crore solar EPC order win
Vikran Engineering shares rose sharply on Wednesday after the company secured a Rs 2,035 crore EPC order from Onix Renewables for developing 600 MW AC solar projects in Maharashtra. The turnkey project, to be completed in 12 months, strengthens Vikrans renewable energy portfolio and boosts its order book.
Japan plans $189 billion new debt issuance in next year's budget, draft shows
Japan is set to unveil a record 122.3 trillion yen budget for the next fiscal year, funded by a substantial $189 billion in new government bonds. Prime Minister Takaichi's administration is prioritizing proactive spending to revitalize the economy, despite concerns over rising bond yields and Japan's high debt-to-GDP ratio.
Higher corporate bond yields push issuers to delay debt sales to next quarter
Several major Indian companies, including MUDRA, Indian Bank, and ONGC Petroadditions, have postponed significant fundraising plans worth 150 billion to the next quarter. This decision stems from rising corporate bond yields, driven by tight liquidity and investor caution. Four planned bond issuances totaling 225 billion were also scrapped recently as issuers and investors failed to agree on yield demands.
Indian rupee forwards retreat after RBI unveils FX swap
Indian rupee forward premiums retreated from multi-year highs on Wednesday following the Reserve Bank of India's announcement of a $10 billion USD/INR buy-sell swap. This intervention is expected to absorb excess dollar liquidity, easing the recent surge in premiums driven by dollar glut and year-end pressures.
The BSE Sensex has achieved remarkable wealth creation over four decades. It has grown from a modest start to a lifetime high, transforming into a democratized wealth engine for millions. This journey reflects India's economic transformation and its rise as a global powerhouse. The Sensex has become a true barometer of the Indian economy.
Sensex gains over 100 pts, Nifty tops 26,200 on US economic growth optimism
Indian stocks edged higher on Wednesday, with the Sensex and Nifty steadying after a flat close. Stronger U.S. economic growth data boosted risk appetite, though foreign fund outflows and thin year-end trading volumes tempered the optimism.
Silver hits fresh record high of Rs 2.23/kg, gold not far behind. Whats driving safe-haven demand?
Gold and silver extended their record rally on Wednesday, with MCX silver hitting a fresh peak of 2,23,359/kg and gold opening higher at 1,38,247 per 10 grams. Prices remain supported by expectations of US rate cuts, geopolitical risks, and strong safe-haven demand, following gains in global and domestic markets.
Bank of America trader warns India state debt deluge will worsen
Indian states are set to borrow a record amount. This surge in borrowing will impact bond markets. Interest rates are expected to remain high. Investors are cautious about committing funds. This situation could affect private borrowers and companies. The Reserve Bank of India's rate cuts may not fully transmit to the economy due to this supply glut.
Mukul Agrawal: The star investor who found 5 multibaggers in 2025 when others barely had any
Despite a challenging market in 2025 that saw many portfolios decline, investor Mukul Agrawal's equity holdings featured five multibagger stocks. While his overall portfolio saw a slight dip, these select companies delivered significant returns, outperforming the broader market slump in small-cap stocks.
Japan's 30-year yields rise to record highs as stimulus concerns mount
Japan's long-term bond yields hit record highs as investors worry about government stimulus funded by new debt. The 30-year JGB yield climbed to 3.45%, while the 40-year yield reached 3.715%. This surge follows speculation about Prime Minister Takaichi's fiscal plans and the Bank of Japan's potential rate hikes. The benchmark 10-year yield, however, saw a slight dip.
Income Tax Refund LIVE Updates: The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been put on hold due to risk management measures.
Vietnam's stock market rises on signs of smooth power transition
Vietnam's stock market hit a record high, extending its weekly rally as investors reacted positively to signs of political stability. A senior Communist Party meeting agreed on candidates for the next leadership, with party chief To Lam widely expected to retain his powerful post.
