33 C 
SEBI has proposed a performance-based fee framework for mutual funds, linking fees to a fund's performance rather than a fixed ratio. However, industry hesitance stems from operational challenges and complexities associated with variable fee structures.
Magnificent 7 lost $2.3 trillion in June: Is it time to trim your US tech stocks?
The Magnificent Seven tech stocks lost $2.3 trillion in value in June due to uncertainty over AI investments. Major declines were noted for Microsoft and Nvidia. Investors are advised to diversify portfolios and consider market concentration to mitigate risks amidst fluctuating valuations.
ITR filing 2026: 6 costly mistakes salaried taxpayers should avoid before 31 July deadline
As the last date of filing ITR looms closer, it is important to be careful about certain key factors. These include choosing the right ITR form and regime, and cross-verifying taxable income against the disclosures made in AIS/TIS.
New vs old regime: Earning 20 LPA? Here's which regime saves you over 1 lakh
The tax regime choice becomes more nuanced at a 20 lakh annual salary, where the Section 87A rebate is no longer available. A comparison shows whether common deductions under the old regime can outweigh the new regime's lower tax rates.
NRI selling investments? Here's how you can save capital gains tax
Section 215 of the Income Tax Act, 2025 allows eligible NRIs to claim exemption from long-term capital gains tax. But the benefit is available only if strict conditions on investment source and reinvestment are met.
Rupee falls 67 paise to close at 95.23 against US dollar
At the interbank foreign exchange market, the rupee opened at 94.67 against the American currency and traded in a range of 94.60-95.29 during the session
From ITR to Aadhaar: Key financial changes kicking in from July 1
Several financial changes come into effect from 1 July, including revised ITR filing deadlines, free Aadhaar email updates and new RBI rules against bank mis-selling. Here's how they could affect you.
Modern borrower expects instant payments, real time updates and more
The once-difficult access to information has made borrowers more aware. They compare loan products and interest rates, and regularly track their credit scores. Borrowers now understand the importance of a credit score, and are increasingly conscious of maintaining healthy credit profiles.
Starting SIP at 25 vs 35: How a 10-year delay can shrink your retirement corpus by nearly 25 lakh
Delaying a SIP by 10 years can significantly reduce retirement corpus due to the loss of compounding. A 1,000 monthly SIP started at 25 years of age grows to an estimated 37.97 lakh by age 60, compared with 13.27 lakh if started at 35 years, assuming a 10% annual return.
First time borrowers to lead the next wave of credit growth in India
The next wave of credit growth is likely to emerge from segments that have historically been underserved, overlooked, or difficult to evaluate through conventional methods. Today, only about 17.8% of new loans are disbursed to first-time borrowers.
10-5-3 rule of investing: Why it helps investors build realistic wealth expectations
Smart investing starts with realistic expectations. The 10-5-3 rule helps beginners understand investment returns, compare asset classes, manage risk, and build long-term wealth through disciplined financial planning instead of chasing unrealistic market gains.
Nifty crosses 24,000; FMCG leads rally as IT stocks bleed
Reliance Industries, Axis Bank emerge as top gainers
The proposed Semiconductor Mission is aimed at boosting domestic semiconductor manufacturing, equipment and materials production, indigenous chip design, and supply chain development
Fuel inflation isn't just about petrol. It changes your entire financial plan
Fuel price shocks ripple through transport, food and household budgets. Here's what history teachesand the practical financial strategies families can adopt to stay ahead of inflation.
mAadhaar app retires: Will your Aadhaar data be deleted? Key features of new app
The new Aadhaar app replaces mAadhaar with safer digital verification, face authentication and QR features. Existing mAadhaar data remains available during the transition, allowing users to switch smoothly without losing important Aadhaar records.
Experts point out that course certificates alone don't count for much. Market premiums and career advancement go to those who can translate coursework into functional workplace optimization.
Sensex jumps over 630 points, Nifty reclaims 24,000; KPIT Tech slumps 17%
Broader markets also traded in positive territory, with Nifty Midcap 100 and Nifty Smallcap 100 indices rising around 0.2% each
Why your financial goals must change when your net worth does
As wealth grows, financial planning shifts from chasing returns to matching capital with purpose. A three-bucket framework can help families protect lifestyle, preserve flexibility and build a lasting legacy.
Trader gets 21 lakh tax demand over demonetisation cash, wins at ITAT
A Karnataka trader won relief after the ITAT held that old currency deposits backed by business records and affidavits cannot be treated as unexplained income merely because they were made during demonetisation.
Cordelia Cruises operator Waterways Leisure Tourism lists at 16% discount
Stock debuts at 681 on NSE, a discount of 15.7% to the IPO price of 808 per share
Listed shares, intraday trading, unlisted shares, equity mutual funds and F&O: Tax rules explained
The tax on equity investments in India depends on the type of investment, the holding period and type of gains. While listed shares and equity mutual funds are subject to capital gains tax, income from intraday trading and F&O is taxed at the applicable income tax slab rate.
Kotak Mahindra Bank shares up after Deutsche Bank India retail business acquisition
Brokerages retain positive stance, await clarity on profitability and integration
Rupee falls 19 paise to 94.75 against US dollar in early trade
Forex traders said whenever fresh foreign inflows enter the country, the central bank is likely to use the opportunity to rebuild its reserve position rather than allowing the rupee to strengthen too much.
KPIT Technologies stock hits lower circuit after shock revenue warning
KPIT Technologies said it expects Q1FY27 USD revenues to decline approximately 1% year-on-year on abrupt spending cuts by certain European automotive OEMs
Gold and silver prices today, 1 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.
Nifty holds 23,900 as M&M, Titan lead gains; IT, Bajaj FinServ drag
Both indices opened higher Nifty at 23,897.65 and Sensex at 76,545.21 before extending marginal gains in early trade
Sensex, Nifty, Share Prices LIVE: Sensex was up 149.26 pts or 0.20% to 76,627.93 at 9.16 am after opening at 76,545.21 from the previous close of 76,478.67. Nifty 50 inched up 44.55 pts or 0.19% to 23,910.30.
Gold prices drop as firmer US Treasury yields, Fed rate outlook weigh
Gold recorded largest quarterly drop since 2013 in Q22026
EPFO extends online service outage till July 1; services to resume from July 2
EPFO has extended its planned system migration, delaying the restoration of online member and employer services by another day. Subscribers will now be able to access claims, passbooks and other digital services from July 2, subject to completion of the upgrade.
Rupee's RBI-defense line at risk as US yields rise, Asian peers weaken
The currency has struggled over the past two sessions, pressured by weakness in its Asian peers, an uptick in daily importer hedging, and waning speculative interest
DA hike July 2026: AICPI-IW rises to 150.8, Dearness Allowance revision awaited
DA hike July 2026 estimates rise after AICPI-IW reaches 150.8. Here's the latest inflation data, the expected Dearness Allowance revision, the calculation method and the final approval process.
July set to begin on cautious note for Indian stocks
Weak monsoon, KPIT warning to keep specific sectors under pressure
Why these 20 stocks, including KPIT, Kotak Bank, will be in focus on Wednesday
Auto sales figures especially from EV makers, Zee stake sale, NTPC deal, Unimech order, Glenmark Pharmas USFDA warning to figure in todays trade
Sensex today | Stock Market Live Updates: Stock to buy today: Greaves Cotton (220) BUY
Sensex, Nifty, Share Prices LIVE: Fresh buyers are likely to come into the market and limit the downside. Greaves Cotton share price can rise to 245 in the coming weeks
8th Pay Commission FAQs: 10 key facts for central government employees in July 2026
Big changes are ahead as the 8th Pay Commission enters key discussions in July 2026, covering salary revision, fitment factor and pension updates for central government employees and pensioners. Here are some FAQs and the latest developments.
Not all agricultural land sales are tax-free: Check what is taxable and how to report it
Taxpayers may believe that income tax doesn't apply to agricultural land sales, but this isn't always true. Tax liability depends on location and capital asset classification. Here's what is taxable and how to save taxes.
Gold loans are becoming the biggest driver of consumer borrowing? Here's what RBI FSR report says
Gold loans have become India's fastest-growing retail credit, recording a CAGR of 42.4% since March 2024, nearly double the 23% growth in non-housing retail loans.
The RBI's stress tests revealed 44 open-ended debt mutual funds breached liquidity thresholds in March 2026. Despite this, the central bank reports no immediate concerns, as affected funds have either rectified the issue or initiated corrective actions.
How much does it cost to relocate to Hyderabad? Microsoft techie says 3.6 lakh
Krish, shared a detailed breakdown of the expenses involved in the move, including rent, security deposit, furniture, appliances and other household essentials.
From 90,000 salary to 15 lakh debt: Viral LinkedIn post explains a financial spiral
A LinkedIn post by SEBI-registered investment advisor Vivek S G (Sulegai), founder of Wealth Crafts, is resonating with users after he shared the story of a Pune professional whose finances unravelled following a family medical emergency, eventually leaving him with a 15 lakh debt burden.
Brokers Call: Viyash Scientific (Buy)
Anand Rathi Research
The government has maintained interest rates on small savings schemes for the July-September 2026 quarter, marking the ninth consecutive quarter of unchanged rates.
Health insurance companies will soon offer top-up health cover to National Pension System subscribers via PFRDA's NPS Swasthya product, set to launch in 60-70 days.
Alphabet joins Dow Jones, SpaceX enters Nasdaq 100: Which stock should Indian investors choose?
Experts suggest Indian investors can get exposure through international mutual funds, US-focused ETFs, or direct overseas investing under the LRS. While SpaceX's Nasdaq 100 inclusion is expected to attract passive investment flows, experts believe its entry into the Dow remains years away.
Rupee Falls 15 Paise to Close at 94.65 Against US Dollar
Month-end dollar demand, a stronger greenback and cautious market sentiment weigh on the Indian currency.
Why hybrid SIFs are attracting investors
Hybrid long-short strategies accounted for 9,709 crore of investor assets, which was around 70% of the total SIF AUM of 13,814 crore
Govt extends deadline for filing appeals before GST appellate tribunal check new due date
The Government has extended the deadline for filing appeals with the GST Appellate Tribunal after stakeholders raised concerns about technical difficulties on the portal. Check new due date here.
What are multi-asset allocation funds? Comparing the top 5 funds by portfolio allocation
Multi-asset allocation funds provide diversification by investing across at least three asset classes, helping reduce dependence on any single investment. However, each fund follows a different portfolio allocation strategy, resulting in varying levels of risk and return potential.
RSU paradox: when your biggest wealth creator becomes a concentration risk
RSUs can be powerful wealth creators, but holding on to every vested share ties your career and investments to the same company, creating a concentration risk many employees overlook.
Changing jobs soon? Fix these EPF transfer errors before resigning for a smooth PF transfer
Avoid costly PF transfer delays before changing jobs. Checking your EPF transfer records, UAN, KYC and employment details before resigning can prevent processing issues and help ensure your provident fund balance moves smoothly to your new employer.
Gold futures rise to 1.42 lakh/10g after early losses
Gold futures recovered as traders reassessed the US interest rate outlook amid lingering geopolitical tensions and volatile crude oil prices
UPI is now live in Greece: What Indian travelers should know before visiting Athens, Mykonos
With UPI now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly, with transaction costs reducing drastically to a fraction of conventional transfer costs, Goyal said in a social media post.
Silver rebounds to 2.26 lakh/kg after early drop as global prices recover
Analysts said the recovery in the precious metal was in line with firm trends in the global markets
750 ml packs priced at 1,680 to debut in Delhi, Haryana, Uttar Pradesh
Why your used-car loan costs more than you think
Used-car financing now drives nearly 60% of platform transactions, but loans carry steeper rates (9-18%) and hidden costs like GPS-device fees and hypothecation charges versus new-car loans.
UTI Mutual Fund buys nearly 15 lakh shares of MCX for 425 crore
The transaction was executed on Monday at an average price of 2,899.23 apiece
Gen Z professionals in India are increasingly prioritizing work-life balance and skill development over promotions and salary hikes, according to Naukris Gen Z Work Code report. 14% of Gen Z employees may quit within a year if growth is missing, compared to 3% of millennials.
Aastha Spintex IPO fully subscribed on day 2
The 170-crore IPO is priced in the band of 125-136 per equity share.
Unimech Aerospace shares surge 8%, signs supply deal with Austria-based company
The agreement covers the manufacture and supply of precision-engineered aerospace components and flying parts
Markets choppy at midday, IT stocks drag as Maruti surges nearly 5%
Among Nifty gainers at midday, Maruti Suzuki extended its early gains to rise 4.87 per cent to 14,065.00
Godrej Properties buys 47-acre Chennai land parcel
The site is located off Old Mahabalipuram Road
KPIL bags orders worth 2,957 crore across T&D, buildings and water segments
The new orders include contracts in the T&D segment in India and overseas markets, orders in the B&F business within India, and a water sector order in the Middle East secured through a joint venture or consortium
ITR filing AY 2026-27: Step-by-step guide to check your income tax return status online
Income Tax department offers an online service that allows taxpayers to check status of their filed returns both before logging in to e-filing portal and after signing in. The service also provides access to return-related documents and alerts users if any action, such as e-verification, is pending.
5 ways to improve payment history and boost credit score
Smart habits build a stronger financial future by improving payment history and boosting credit scores. This guide offers practical steps to manage bills, avoid missed payments, and strengthen your credit profile
Taxpayers filing ITR-1 and ITR-2 must submit their returns by 31 July. Meanwhile, taxpayers filing ITR-3 or ITR-4 who are not subject to tax audit can now file their returns until 31 August, an additional month beyond the traditional deadline.
Gold faces biggest monthly drop since late 2008 on hawkish Fed stance
Spot gold was down 1% at $3,975.04 per ounce
Rupee falls 7 paise to 94.58 against US dollar in early trade
Forex traders said the losses for the rupee were partly cushioned by relatively stable crude oil prices globally.
Gold and silver prices today, 30 June: 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.
mAadhaar App discontinued: Here's everything to know about the new Aadhaar app
The Unique Identification Authority of India (UIDAI) has announced that the mAadhaar App will be discontinued from today, 30 June. The new Aadhaar App is designed to offer Aadhaar Number Holders (ANHs) a secure and paperless way to access Aadhaar services.
Positive opening seen for Indian stocks
With the geopolitical tension continues to giving mixed signals, experts believe domestic sentiment will drive market movement in the short-term.
OYO parent Prism files updated papers for 6,650-cr IPO; existing investors not to sell stake
According to the Updated DRHP filed on Tuesday, Prism may also undertake a pre-IPO placement of up to 1,330 crore before filing the RHP. If completed, the amount raised through the fresh issue will be reduced accordingly.
Watch out for these 15 companies, including 4 banks, in todays trade
HDFC Bank, Yes Bank, Axis Bank, Bandhan Bank, RailTel Corp, Jagsonpal Pharmaceuticals, SIS Limited, BSE, Oberoi Realty, RITES, Accord Transformers & Switchgear, WeWork India, ARSS Infrastructure Projects, Schneider Electric stocks to be in focus today
Sensex today | Stock Market Live Updates: Stock to buy today: Welspun Corp (1,510) BUY
Sensex, Nifty, Share Prices LIVE: The region between 1,450 and 1,430 will now act as a good support and limit the downside. Welspun Corp share price can rise to 1,600 in the coming weeks
8th Pay Commission: How family unit formula could boost salaries, expert explains
8th Pay Commission: A higher family unit may increase the minimum basic pay, influence the fitment factor and boost salaries and allowances for central government employees across all pay levels.
Delhi EV policy: Here's a look at the proposed electric vehicle subsidy and purchase incentives for buyers of e-autos, electric trucks, two-wheelers and three-wheelers offered by the state government.
Big relief for EV buyers! Delhi now offers tax waiver on electric cars up to 30 lakh
The Delhi government has approved a new EV policy offering incentives for electric vehicle buyers, including road tax exemptions and subsidies for two-wheelers. Here's which vehicles will benefit from the policy.
The income tax department has identified 15,000-20,000 cases of taxpayers using swapped provisions to reduce taxable income. This involves replacing exemptions to lower tax liability without valid reasons and documents. Details here.
EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.
Can you gift overseas property tax-free? What returning NRIs and OCIs should know
Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.
Exits from gold ETFs last week surged to years highest
WGC data show that as the precious metal slumped to near $4,000/oz, outflows were nearly $7 for every $1 investment in the funds
Gold breaks 3-day falling streak, rises 1,300; silver drops 2,000
Analysts attribute gold recovery to bargain buying after recent correction
Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know
Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.
How NRI money could allow Indian banks to lend more to businesses? Axis Bank CEO explains
Indian banks is likely to utilise foreign-currency deposits from the Indian diaspora to replace costly funds in their balance before channeling the money to companies. Here's how it would work.
8th pay commission: Multiple groups, industry watchers, and reports estimate fitment factor could rise up to 3.83. Today we calculate how the conservative and optimistic estimates could each impact your salaries
How rupee movements directly affect your gold ETF returns: Experts explain the impact
For Indian investors, gold ETF returns are driven by global gold prices and currency movements. A weaker rupee can amplify gains, while a stronger rupee can reduce them. However, experts caution against making investment decisions solely on exchange rate expectations.
Edelweiss Greater China Equity Offshore Fund has delivered slightly higher average returns and marginally better risk-adjusted performance, while the Axis Greater China Equity FoF has experienced lower volatility and has a higher Sortino ratio.
Rupee falls 9 paise to close at 94.54 against US dollar
At the interbank foreign exchange market, the rupee opened at 94.36, then gained momentum and touched an intraday high of 94.25 and a low of 94.56 against the American currency
Bajaj Auto's 5,632.8-cr share buyback to start from July 1
Bajaj Auto is undertaking a buyback of up to 46.94 lakh fully paid-up equity shares of face value of 10 each at a price of 12,000 per share
