35 C 
Mylan exits Biocon, sells entire 5.64% stake for 3,679 crore via block deals
Several institutional investors, including mutual funds, insurers and foreign funds, bought Biocon shares on the NSE
Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.
EPFO automates PF transfer after job switch Does it benefit private or exempted PF trust members?
EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.
Q1 Results Today, 14th July 2026 Updates: Follow latest Q1 updates from businessline here
Annapurna Yojana: Haven't you received your payment yet? 8 reasons why
The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.
Same trip, same loss: why was one insurance claim rejected?
In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.
Cube Highways Trust raises 1,250 cr from investors ahead of IPO
The public issue will close on July 24
Gold rises from two-week low ahead of US inflation data
Spot gold was up 0.6% at $4,023.77 per ounce by 0747 GMT, after touching its lowest level since July 1 at $3,983.29
Honasa Consumer elevates internal strategist to lead Reginald Mens parent company
Shivang Jain, former VP of Corporate Strategy and Chief of Staff at Honasa, will now lead strategic direction and business operations at BTM Ventures
UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending
UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.
EPS Scheme 2026: 5 key pension benefits for a family every EPF subscriber should know
The Employees' Pension Scheme (EPS) offers financial security to an employee's family through widow pension, child pension, nominee pension and dependent parent pension.
Bodhi Tree Multimedia signs MoU with Tripura government to build digital media ecosystem
The collaboration is framed as a long-term strategic arrangement aligned with Tripuras goal of building a digitally enabled creative economy
Iran jitters, Rupee slide keep Sensex, Nifty under pressure; HCL Tech, HDFC Life lead losses
The Nifty Auto index was the worst-performing sector, down 1.4 per cent
Gold futures rise to 1,41,612/10 gm on spot demand
On the Multi Commodity Exchange, August gold contracts rose by 1,303, or 0.93%, to 1,41,612 per 10 grams, with a turnover of 1,095 lots
Natco Pharma raises Adcock Ingram stake to 49%, pays 1,060 crore
The transaction was valued at approximately ZAR 1.81 billion, equivalent to around 1,060 crore at the prevailing exchange rate
Check how to apply for a Baal Aadhaar card in 2026, documents required, eligibility, mandatory biometric updates at ages five and 15, enrolment process, and key UIDAI rules.
The quiet edge: saving more trumps the exciting habit of investing better
Work out how much you can save, push that figure a little higher than is comfortable, and only then spend energy on choosing the funds. Simplicity is not a compromise but the whole point. Save a lot, keep the deployment sensible and dull, and let time do the rest, says Dhirendra Kumar.
OneSource Specialty Pharma ties up with Germanys Formycon for Biosimilar manufacturing
Under the agreement, OneSource will provide integrated Drug Substance and Drug Product manufacturing for Formycons biosimilar programs from its biologics facility in Bangalore
Bajaj Consumer Care shares fall 10% despite strong Q1 results; analyst downgrades rating
The market reaction seems partly driven by Choice Institutional Equities downgrading the stock from BUY to ADD
TCS to power digital operations at JFK Airports New Terminal One
The IT major will deploy AI-powered passenger processing, baggage handling, cybersecurity and terminal management systems using its Cognix and ignio platforms to improve operational efficiency and passenger experience
Avio Smart Market Stack inks Tripura MoU for freeze-drying plant, targets 1,300 jobs
The project A Freeze-Drying Initiative on Fruits and Vegetables for Tripura aims to create about 1,300 jobs, including 500 direct and 800 indirect positions
ICICI Prudential AMC shares fall 2% after cost-led earnings miss; analysts stay bullish
Despite the price pressure, brokerages have broadly maintained their constructive stance on the stock
Why investors are shifting to tier-II cities for higher commercial real estate returns
As soaring office rents and land prices push companies beyond India's biggest metros, investors are finding stronger yieldsand new risksin emerging commercial hubs such as Jaipur, Coimbatore and Ahmedabad.
Union Railway Minister Ashwini Vaishnaw has announced that a new and improved IRCTC website will be launched by 15 July. The upgraded portal is expected to deliver faster ticket booking, smoother navigation and several new passenger-friendly features.
Rupee breaches 96 as Trumps Iran escalation sends crude soaring
Currency hits 96.17 intraday, weakest since May 2026, as Brent jumps to $85/barrel
HCL Tech shares decline as unchanged FY27 guidance signals slower recovery
Brokerages divided on the stocks outlook following the results
Rupee drops past 96 as oil prices climb on renewed US-Iran tensions
Rupee fell nearly 0.5% to 96.0775, its weakest level since May 22
Iran conflict, crude surge drag Sensex, Nifty lower at open; IT, NBFC stocks lead losses
The selloff followed a weak overnight session on Wall Street, where the Dow Jones Industrial Average fell 0.3 per cent, the S&P 500 lost 0.8 per cent, and the Nasdaq declined 1.6 per cent
Gold and silver prices today, 14 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.
Q1 Results Today, 14th July 2026 Live Updates: Follow latest Q1 updates from businessline here
Should you subscribe to the SBI Funds IPO? Heres what brokerages say
Despite a valuation of around 38 times FY26 earnings, most analysts see the IPO as attractive, backed by SBI Funds market leadership and long-term growth prospects
Taxpayers filing ITR for AY 2026-27 must correctly report Sovereign Gold Bond interest and capital gains. Check how SGB interest, maturity redemption and pre-maturity sales are taxed, which ITR schedules to use, and why the Budget 2026 changes will not apply this year.
Nifty may open 200 points lower as US-Iran conflict, oil prices weigh on sentiment
Corona scare, rise in inflation figures to keep market under pressure
11 stocks to watch on Tuesday: Biocon, BEL, Grasim, Emcure and more
Biocon, Grasim Industries, Bharat Electronics, Emcure Pharmaceuticals and Welspun Enterprises will be among the stocks in focus on Tuesday following key corporate announcements
8th Pay Commission: Level 1 and Level 10 salaries compared under 2.1, 2.5 and 3.0 fitment factors
The 8th Pay Commission's fitment factor will determine future salary and pension revisions for government employees. Here's how different fitment factor scenarios could impact basic pay, allowances and overall earnings, while highlighting why the final government decision remains crucial.
Sensex today | Stock Market Live: Stock to buy today: Firstsource Solutions
Sensex, Nifty, Stock Price Live Updates: The short-term outlook is bullish for Firstsource Solutions. The stock has been moving up very well over the last few days. The recent rise has taken the share price well above a key resistance level of 253. The 2 per cent rise on Monday indicates that the upmove is gaining momentum.
SBI Funds IPO raises 2,663 crore from anchor investors led by Singapore and ADIA
The anchor book includes sovereign wealth funds from Singapore, Abu Dhabi and Norway, alongside LIC, BlackRock, Capital Group and leading domestic mutual funds.
Delhi Lakshmi Yojana: Beneficiary women will get 2,500 per month under the scheme earlier known as Mahila Samriddhi Yojna. Check here for details on eligibility criteria, the monthly benefits and steps for how to apply.
Biocon to see block deals, as Viatris plans to exit
Floor price has been fixed as 378.50 a share, a discount of 7.9 per cent to current price
EPFO has automated the PF transfer process for Aadhaar-linked UAN holders when switching jobs. Here's who stands to benefit from this feature and whether it will apply if you changed jobs months or years back but never transferred your balance.
8th pay commission: We take a look at the likely revision in house rent allowance (HRA) for central government employees across level 1 to 5 in X, Y and Z category cities based on suggested fitment factor.
Mixed trend in gold ETFs over past 2 weeks, as investors keep a low profile
Renewed tensions in West Asia due to US-Iran conflict forces gold to give up gains
Want to build 1 crore corpus in 10 years? Here is the monthly SIP you need
The size of your mutual fund investment depends on two key factors: the rate of return and the amount of SIP. The higher the rate of return, the bigger the corpus.
The income tax return due date for most taxpayers is July 31, 2026. Late filing incurs penalties and addition interest if you have unpaid taxes. Check all other consequences of missing ITR due date here.
ITR filing 2026: Is it necessary to keep physical copies of digital tax documents? Expert explains
ITR filing is now becoming increasingly paperless, but taxpayers must securely retain key digital tax documents. A tax expert explains which records to preserve, why backups matter, and how organised digital files can help during tax verification, assessments and future income tax notices.
DA hike: What are the types of Dearness Allowances, how they are calculated explained
Dearness Allowance is a percentage of employees' pay aimed at helping households manage the increased cost of living. For calculation purposes, it is separated into two categories: industrial and variable DA.
While direct plans make up 77.7% of institutional investors' mutual fund AUM, the corresponding share for individual investors is just 30%. Experts say the gap is driven by the need for professional advice and investor behaviour.
Kalpataru posts 17% jump in collections, launches luxury Mumbai project in Q1 FY27
The companys total market capitalisation stands at approximately 5,864 crore, the stock trades at a trailing price-to-earnings multiple of 71.27, which NSE flags as exceeding 50 for four consecutive trailing quarters
Laser Power and Infra IPO fetches 38.49 times subscription so far on final day
Strong QIB demand at 92.25 times drives overall subscription amid anchor investment of 223 crore
Changed jobs? Your PF won't be transferred immediately here's what triggers the automatic transfer
Your provident fund won't move instantly after you switch jobs. EPFO's new mechanism auto-triggers transfer after your new employer's first contribution. Details here.
Rupee slips to one-month low of 95.62 per US dollar as oil pangs resurface
Oil prices rose after US and Iran traded strikes, with Tehran saying it had closed the vital Strait of Hormuz.
BNPL impact on credit score: 5 key facts every borrower should know before using buy now, pay later
A buy now, pay later facility can help build a strong credit history when used responsibly. Timely repayments, controlled borrowing, and avoiding defaults are crucial. Learn how BNPL services affect credit scores, borrowing ability, and financial health with key tips for users.
Presumptive taxation: Who should opt for it & who should avoid it? Experts explain
The presumptive taxation scheme offers a simpler way to compute taxable income, but it may not suit every taxpayer. Here's what businesses and professionals should consider before choosing it.
How much EPF can you withdraw? Check it online with these simple steps.
The new rules compress a dozen complicated advance clauses into three broad categories while requiring a mandatory 25% retirement reserve.
Goldman Sachs sees Nifty at 26,500 by June 2027 on return of foreign flows and domestic recovery
Goldman Sachs expects a rotation in market leadership from growth to value stocks and from mid-cap companies to large-caps
Bought a car worth over 10 lakh? Here's how to claim your 1% TCS refund
If you have bought a car worth more than 10 lakh, you would have paid a TCS of 1% to the dealer. This is not an additional tax but a tax credit that can be adjusted against your total income tax liability or claimed as a refund while filing the ITR.
RPG Life Sciences launches Naprosyn ES, a first-in-India Naproxen-Esomeprazole combination
The product targets patients on long-term NSAID therapy who face elevated risk of gastrointestinal complications.
Filing ITR-1 this year? These new disclosure requirements could affect your return
From reporting income from two house properties to furnishing additional details for donations and rental income, the latest ITR-1 utility brings several changes. Here's what taxpayers need to know before filing.
IT rally rescues Nifty from gap-down abyss; crude surge keeps bulls on edge
Buying at lower levels and improving market breadth helped benchmarks recover most of their early losses despite higher crude prices and geopolitical concerns
Retirement, child education or wealth creation: Does every SIP in your portfolio have a purpose?
Every SIP should be linked to a specific financial goal, such as retirement, a child's education, buying a house, or wealth creation. The expert suggested that the number of funds you own or their recent returns matter less than whether each SIP is aligned with a clear financial objective.
Income Tax Act 2025 simplifies presumptive taxbut one change could hurt taxpayers
The new Income Tax Act largely simplifies presumptive taxation rules, but one change could restrict taxpayers from setting off certain losses against presumptive income.
ICICI Prudential Large Cap Fund portfolio: 3 new stocks added, GAIL among 4 exits in June
India's largest large cap mutual fund shuffled its portfolio in June by adding three stocks and exiting four. Tata Steel saw the biggest increase in holdings, while GAIL featured among the complete exits.
DMart shares fall over 4% after Q1 earnings
The company reported a 12.8% y-o-y rise in standalone profit after tax (PAT) to 936 crore for the quarter ended June 30, 2026
Magellanic Cloud arm wins 6.93-crore CCTV surveillance contract from South Central Railway
The project, to be completed within 12 months, includes AI-enabled video management infrastructure, networking, optical fibre, NVRs and related systems
LTM shares jump over 9% in a week; brokerages split as Q1 growth signals improve
The stock has gained 5.81 per cent over the past month and 9.13 per cent over the past week, though it remains down 33.44 per cent year-to-date and 21.86 per cent over one year
Q1 Results Today, July 13, 2026, Live Updates: Follow businessline's Q1 updates here
Income tax penalties explained: What happens if you under-report income or miss ITR filing
Taxpayers can face late filing fees, interest and penalties for different types of income tax defaults. Here's a simple guide to the key provisions under the Income Tax Act and what they could cost you.
India-UK social security pact: How EPF savings will benefit Indian professionals working in the UK
From 15 July, the India-UK Double Contribution Convention Agreement will allow eligible Indian professionals on temporary UK assignments to continue building EPF savings in India instead of paying towards UK social security contributions.
Gold slides over 1% as oil surges on Strait of Hormuz closure fears
Spot gold dropped 1.5% to $4,059.11 per ounce
Rupee feels the heat of escalating West Asia war; opens 39 paise weaker
The Indian currency opened at 95.72 per US Dollar against the previous close of 95.33. Currently, it is trading at 95.75
Gold and silver prices today, 13 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, along with other important geopolitical updates.
Sensex, Nifty slide at open as Iran strikes rattle sentiment; IT stocks buck trend
Against the weak broader trend, information technology stocks emerged as the standout outperformers at the open
Annapurna Yojana: West Bengal may allow rejected applicants to edit forms instead of reapplying
West Bengal may soon allow corrections for 27.8 lakh rejected Annapurna Yojana applications. The proposed edit facility will help applicants fix Aadhaar, mobile and data errors, resubmit forms and improve chances of receiving welfare benefits under the state scheme.
Rupee braces for pressure with oil taking centre-stage on US-Iran flare up
Rupee traded in a 94.96-95.60 range last week, largely mirroring moves in crude oil,
South Korean shares sink over 5% as chipmakers slide on AI concerns
KOSPI fell as much as 6.13% to hit the lowest since May 20 and trigger a sidecar trading curb, temporarily halting algorithm trading
Nifty may open 200 points lower as Iran tensions hit sentiment
Focus will be on results, FPI activity
The 8th Pay Commission is about much more than a salary hike. From allowances and pensions to performance incentives and gratuity, these five key Gazette provisions could reshape the pay and retirement benefits of Central government employees. Check the complete details, including FAQs.
Stocks across infrastructure, energy, defence, pharmaceuticals, hospitality and manufacturing are expected to attract investor attention on Monday following a series of corporate announcements and regulatory filings
Reporting capital gains on equity and debt MFs? Here's a step-by-step guide
While most of the changes to capital gains taxation were implemented in FY24-25 or AY25-26, taxpayers filing returns this year for AY26-27 still need to navigate a detailed reporting framework, particularly for equity transactions.
Families can save on school fees through tax exemptions for education and hostel allowances from employers. Tuition fees may also also qualify for deductions under Section 80C. Here's everything you need to know about these tax benefits.
Income-tax returns: The I-T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay out the numbers and key things to know for senior and super senior citizens looking to file their returns.
A Bengaluru homebuyer has been waiting over six years for promised amenities after paying 40 lakh for an apartment. He approached Karnataka RERA for relief and partly won the case. Here's what you can do if it happens to you.
8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.
The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.
DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.
ITR filing 2026: If your income exceeds 1 crore, this disclosure is mandatory
Taxpayers earning over 1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.
Pension rules: Orissa HC says government employees can't lose pension over leave alone
The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.
The Nasdaq 100 emerged as the biggest long-term wealth creator over the last 20 years, with 21.3% returns. Among Indian equity benchmarks, the Nifty Midcap 150 TRI delivered the highest annualised return over the same period at 16.3%.
The Employees' Provident Fund Organisation (EPFO) has this month migrated entire member database to the Centralised IT Enabled Services (CITES) project. The overhaul of its digital infrastructure aims to make services faster, transparent and more citizen centric.
