29 C 
SEBI closes proceedings against Religare Enterprises, Rashmi Saluja after Burman Group takeover
The regulator concluded its preventive action had achieved its objective after the change in control and completion of the open offer.
The regulator cited governance failures, undisclosed transactions and misuse of company assets while imposing penalties and market restrictions
The Delhi government approved the Lakshmi Yojana, allowing eligible women aged 21-60 to receive 2,500 monthly. An online application portal will launch on August 1, with the first payment expected around Raksha Bandhan.
EPFO members who find their account blocked, can't remember their UAN password, are unable to access their passbook or have KYC pending can check how to fix issues using the portal or Umang app.
The patience payoff: How a 30,000 monthly SIP swells into 50 lakh by 2034
The initial years of SIP investing often require considerable patience. Even with disciplined monthly contributions, many investors feel disappointed as their portfolio appears to grow slowly due to market volatility and a relatively small investment base
Annapurna Yojana: No money in bank account yet? Check what to do if your application gets rejected
Many women in West Bengal applied for the Annapurna Yojana but haven't received financial aid. Chief Minister Suvendu Adhikari set a payment deadline for August while verification continues.
8th pay commission announces state visit to Chandigarh in September 2026 Check dates, other details
The 8th pay commission has announced its official three-day state visit to the union territory of Chandigarh in September. It will hold meetings with employee unions and stakeholders from Chandigarh, Haryana, Himachal Pradesh and Punjab.
IOC slips into loss in Q1 on holding fuel prices despite rise in cost
Indian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency improvements and higher margins from refining. The company celebrated record highs in crude throughput and a drop in fuel losses, with petrol and diesel sales reaching impressive quarterly figures. Moreover, IOC successfully secured crude oil from multiple global sources, mitigating any supply disruptions.
Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 years
Apple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are straining global supply chains. The stock is on track for its worst one-day fall in more than six years, putting nearly $500 billion in market value at risk and lifting Nvidia's valuation lead.
KGSMA seek BIS probe into counterfeit hallmarked gold jewellery in Kerala
Seeks legal proceedings against all individuals and organisations involved in the illegal activities
Q1 Results Today, 31st July 2026 Updates: Stay tuned for more from businessline
Eric Trump-backed defence technology company Space-Eyes to go public in $638 million SPAC deal
Space-Eyes, a leader in defense technology, has announced its merger with McKinley Acquisition Corp. In a move to enhance strategic oversight, Eric Trump will join as a strategic adviser. The new entity will focus on AI-enhanced counter-drone technology and geospatial intelligence, aiming to elevate global operations and government partnerships. This significant merger values the enterprise at a whopping six hundred thirty-eight million dollars.
Federal Realty raises annual core profit forecast on strong leasing demand
Federal Realty Investment Trust has upped its annual core profit outlook following impressive second-quarter results that exceeded expectations. The surge in leasing demand and significant rent increases drove these favorable financial results. Additionally, the trust's core funds from operations saw a notable rise, and an increase in portfolio occupancy underscored the continued interest from tenants.
Sebi extends deadline till Oct-end to complete digital accessibility audits, resolve platform issues
Sebi has announced an extension for regulated entities to complete their digital accessibility audits, moving the deadline to October 31, 2026. This extension replaces the previous date of April 30, and provides additional time for remediation until July 31. The decision comes in response to industry calls for more time to ensure compliance with laws supporting individuals with disabilities, promoting inclusivity in financial services.
Sebi penalises SME firm Kalahridhaan Trendz, promoters for misleading disclosures
Kalahridhaan Trendz has been penalized by Sebi with a fine of Rs 1 crore for hiding a loan default and giving deceptive corporate announcements about export orders. The involved directors, Niranjan D Agarwal and Aditya N Agarwal, faced market bans, and Sunitadevi Niranjan Agarwal received a one-year exclusion from securities markets. Additionally, the NSE has been instructed to consider measures, including potential delisting.
Auto components player Kay Jay Forgings, power infra EPC Polite Powertech get Sebi nod for IPOs
Kay Jay Forgings and Polite Powertech have secured Sebi approval to launch their IPOs. Kay Jay plans to raise Rs 300 crore through a fresh issue along with a Rs 60 crore offer for sale, while Polite Powertech aims to fund working capital and business expansion through its public issue.
US stocks: Nasdaq opens higher as Amazon surge offsets Apple decline
The Nasdaq opened higher on Friday, boosted by Amazon's strong cloud revenue growth. This performance eased concerns about artificial intelligence returns among major tech firms. The Dow Jones Industrial Average saw a slight increase at the opening bell. The S&P 500 also rose, reflecting positive market sentiment. The Nasdaq Composite experienced a significant jump at the opening.
LT Foods shares jump 4% on strong Q1 results; stock outperforms market
At the closing price, LT Foods carried a total market capitalisation of 14,338 crore, up sharply from 12,762 crore reported in the investor presentation as of June 30
Maruti Suzuki Q1 profit drops 11% YoY to Rs 3,352 crore on higher input costs
Maruti Suzuki reported an 11% year-on-year decline in Q1 consolidated net profit to Rs 3,352 crore, missing estimates as higher input costs linked to the West Asia crisis squeezed margins. Revenue and sales volumes grew strongly, while the company approved Rs 561 crore for four compressed biogas projects.
Bajaj Finance among 9 stocks hitting 52-week highs; surge up to 25% in a month
Nine BSE 100 stocks, led by Bajaj Finance and TVS Motor, hit fresh 52-week highs on Friday, gaining up to 24% in a month amid improving market sentiment and strong buying interest.
SC stays CIC order declaring NSE 'public authority' under RTI Act
The Supreme Court has stayed a Central Information Commission order. This order declared the National Stock Exchange of India a public authority. The NSEI challenged this ruling, seeking a response from the commission. The High Court had previously agreed with the NSEI's classification. This decision allows citizens to seek information from the exchange.
Bajaj Finances surge sends Nifty 50 soaring, D-street shines
Nifty 50 closes at 24,383, up 0.27% or 66 points, extending its winning streak to a third consecutive session, Sensex settles at 78,094, up 0.21%
DA hike: Central government employees and retired pensioners are expecting a second increase in dearness allowance this year, sometime in the second half as a Diwali gift during the festive season.
1.1 trillion blind spot: How ignoring employee health is costing Indian businesses
The largest hidden cost is presenteeismwhere employees show up to work but cannot perform at their full capacity. This phenomenon accounts for 51,000 crore of the total annual cost to employers.
Health insurance: Co-payment vs deductible explained. Which one should you choose?
Having a clear understanding of co-payments and deductibles in health insurance can help policyholders estimate out-of-pocket costs, compare plans, and avoid claim surprises. This guide explains how both clauses work, their impact on premiums, and how to choose the right policy.
Rupee posts strongest week since March on RBI support
The Indian rupee sees its strongest weekly gain since March, bolstered by RBI interventions and easing oil prices
Tata Steel shares rise 1.6% as Q1 results beat India estimates; analysts split on outlook
European operations remained a drag; the UK narrowed its EBITDA loss to 27 million from 48 million in Q4, while Netherlands posted near-breakeven EBITDA of 4 million
Belated vs updated return: Which should you file if you miss the 31 July income tax return deadline?
Taxpayers who fail to file their returns within the original due date still have two other options to complete the process. Here's how belated and updated return work and which one you should choose if you end up missing the July 31 deadline.
Indias out-of-favour stocks find new fans as AI trade reverses
Indian IT shares have been the biggest beneficiaries of the reallocation, with the Nifty IT index surging 16.7% in July as the Philadelphia Semiconductor Index slumped 21%.
Manipal Health Enterprises IPO subscribed 2.54X so far on closing day
The IPO comprises a fresh issue of equity shares worth up to 8,000 crore and an offer for sale of up to 2.16 crore equity shares by existing shareholders
Nifty tops 24,400 as Financials, Auto stocks shine; IT trims morning losses
Bajaj Finance jumps 8.60%, Mahindra & Mahindra advances 4.66%
15 lakh income, different tax liabilities: Why salaried middle class ends up paying highest tax
India's income tax system is progressive - higher incomes are taxed at higher rates. However, the final tax liability depends not just on how much a person earns, but also on how that income is earned.
Personal accident cover and standalone term insurance provide financial protection but serve different purposes. Let's deep dive into similarities and differences between the two insurance policies.
Filed your ITR in the last hour? These 5 mistakes can trigger a defective return notice
As the 31 July ITR filing deadline approaches, taxpayers should review their returns to avoid errors that may lead to a defective return notice from the income tax department. Here are 5 mistakes can trigger a defective return notice.
Todays Gold Rate in India July 31: Gold prices up in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices up across Indian cities on July 3
ITR filing deadline today: Here's how much a one-day delay could cost you in interest and late fee
The deadline for income tax return filing is 31 July 2026, with over 5.4 million returns already filed. Taxpayers missing this date face late fees and interest under Sections 234A and 234F. Here's how much you may have to pay if you miss the deadline by just a day.
Thermax shares tumble 16% after Q1 profit slumps 85%
The companys consolidated net profit fell to 22 crore in the first quarter of FY2026-27 from 151.45 crore in the corresponding quarter of the previous financial year.
Rupee unlikely to breach 100 against US dollar even if crude hits $105/barrel: Kotak Securities
Analyzing the macroeconomic risks posed by elevated oil prices, Shrikant Chouhan outlined scenario-based projections for inflation, GDP, and currency volatility
Hyundai Motor India shares rise 7.2% as investors bet on recovery
Hyundai Motor India retains its full year operating margin outlook of 11%-14% and volume growth forecast of 8%-10% even as profits fall
Swiggy shares fall over 5% after Q1 results, brokerages remain divided
Swiggy narrowed its losses in the June quarter to 791 crore, compared with 1,197 crore in the year-ago period.
Bajaj Finance shares hit fresh 52-week high after Q1 results; brokerages turn bullish
The company reported a 29% y-o-y rise in Q1FY27 standalone net profit to 5,345.50 crore, prompting several brokerages to reiterate or upgrade their positive stance on the stock
Rupee rises 20 paise to 95.30 against US dollar in early trade
Rising for the fifth straight session, the rupee surged 26 paise to close at 95.50 against the US dollar on Thursday.
Sensex, Nifty open flat amid global tech rally; Financials surge, IT bleeds
Bajaj Finance gains most, TCS top loser
Will the US dollar lose its dominance? History says the decline will be slow
Barry Eichengreens Money Beyond Borders argues that history favours long-lasting reserve currencies and no credible challenger is yet ready to displace the US dollar
Why Old Bridge's Kenneth Andrade is avoiding IT despite attractive valuations
Old Bridge MF founder Kenneth Andrade expects earnings growth to revive this year, remains bullish on pharma and autos, underweight on financials and IT, and sees crude as the biggest market risk.
Fusion Klassroom Edutech raises 11.08 crore from anchor investors ahead of IPO
The edtech company secured anchor investment ahead of its SME listing as it prepares to fund technology, expansion and debt repayment.
Q1 Results Today, 31st July 2026 Live Updates: Stay tuned for more from businessline
ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.
NSE Q1 profit rises 7% to 3,120 crore ahead of 30,000-crore IPO
Higher transaction charge income lifted NSEs quarterly earnings as the exchange advanced regulatory clearances ahead of its landmark public offering.
Gift Nifty signals 100-point gap-up amid strong global cues
Global equity gains and renewed foreign investor buying are expected to support Indian markets despite persistent geopolitical and crude oil concerns
Why these 7 stocks will be in focus on Friday
Major triggers for Infosys, GRSE, M&M, Tata Power, Astra Microwave, Navin Fluorine, Fischer Medical
As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.
Sensex today | Stock Market Live: Stock to buy today: Swiggy
Sensex, Nifty, Stock Price Live Updates: The stock of Swiggy, which has been on a long-term downtrend, started stabilising in May. That is, the downtrend lost momentum and the scrip was largely moving in the sideways band of 235-280. But this week, the stock has gained nearly 18 per cent so far, leading to the breakout of the barrier at 280.
Missing ITR deadline today is like getting Hit Wicket: Tax department urges a Free Hit filing
The Income Tax Department, in a recent X post, reminded taxpayers that 31 July is the last date to file ITR-1 and ITR-2 for AY 2026-27. Complete filing and e-verification today to avoid late fees, interest and compliance issues.
ITR filing 2026: How to report capital gains from shares, mutual funds and ETFs to avoid tax notices
Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile investment records, and report only realised gains to avoid discrepancies and scrutiny.
Does Indias DIY mutual fund boom needs structured assistance?
Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice and structured assistance to ensure successful long-term portfolios.
Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.
EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process
Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.
A financial master sheet won't make you richerbut it could save your family from economic chaos
A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.
Prithvi Exchange launches new branches in Thane and Ghatkopar
The expansion takes the companys nationwide network to 38 branches
Tanishqlaunches new uncut diamond collection for southern market
The collection, called Narumugai, has necklaces, chokers,haars, earrings, bangles, bracelets, rings,pendantsand bridal jewellery
Groww drove 48% of new SIP growth since FY17
Report says Groww contributed 37% of the increase in active NSE clients between FY20 and FY26
Not reporting bank interest or LTCG in your ITR? Avoid these 2 common tax filing mistakes
Many taxpayers mistakenly assume that TDS-deducted income or tax-exempt LTCG need not be disclosed in their ITR. Such omissions can create mismatches with AIS and Form 26AS, leading to tax notices or adjustments even when no additional tax is payable.
Brokers Call: Orient Cement (Accumulate)
Elara Securities
The Maharashtra government has approved incentive allowance equivalent to 30% of basic pay for police officers and personnel in the Anti-Narcotics Task Force (ANTF) under the 7th central pay commission.
Sensex, Nifty, Stock Price Updates: The benchmark indices Sensex and Nifty closed in the green on Thursday. The Nifty50 settled at 24,317.15, up 66.95 points or (0.28%) firmer. The Sensex closed at 77,928.15, up 273.55 points or 0.35% higher.
The government says the income tax e-filing portal can process up to 1 crore ITRs a day, but experts say taxpayers should not mistake higher capacity for a risk-free last-day filing experience. Here's why they don't expect an extension yet, and why waiting until July 31 could still be costly.
Active large-cap funds may not provide as much diversification as many investors expect. A study shows their sector allocations and stock portfolios closely mirror the Nifty 50, with the overlap becoming even higher among the largest funds.
The income tax return filing season is nearing its end, with over 5 crore returns submitted. A significant question on the ITR form is causing confusion. Here's how to respond to it.
DA hike: West Bengal state government employees will receive their 20% dearness allowance increase and salaries for October before Durga Puja festivities, according to Chief Minister Suvendu Adhikari.
Fed holds, but hawks loom: Nifty ends positive as geopolitical risks keep markets on edge
The Nifty 50 settled at 24,317.15, up 67 points or 0.28 per cent, while the Sensex gained 274 points.
ACME Solar shares slip 1.6% as market digests record Q1 numbers
The decline came a day after the company filed its Q1 FY27 investor presentation with exchanges
EPF subscribers are facing issues with overlapping employment records and missing data on the EPFO portal after its recent system migration. Lawyers explain whether employers can reject your job application solely due to EPFO portal error.
Rupee ends nearly flat, wedged between oil swings, RBI intervention
The rupee closed at 95.68 per US dollar, little changed from 95.6475 in the previous session.
RBI sold about $7 billion to defend Rupee on Friday
The currency traded at 95.7437 per dollar on Thursday, about 1.3% away from the record low
Section 10(14)(i) of the Income Tax Act offers exemptions on specific salary allowances, but only for genuine official expenses. Understand eligibility rules, documentation requirements, common mistakes and practical tips to claim tax benefits correctly while avoiding interest and penalties.
Why Dabur shares fell 2% despite strong Q1 numbers
Dabur reported consolidated revenue of 3,764 crore for Q1 FY27, up 10.6 per cent year-on-year
Many salaried taxpayers assume ITR-1 is the correct form, but additional income or a job change could require a different return. Experts explain the key checks to complete before filing your income tax return.
Received an income tax notice under Section 139(9)? Here's what it means and what to do
A Section 139(9) defective return notice and other income tax notices require timely action to avoid compliance issues. Experts explain how taxpayers should respond to Sections 139(9), 143(1), 142(1) and 148 notices, helping protect tax benefits and prevent unnecessary complications.
Section 10 of the Income-tax Act: Misusing these provisions to save tax may result in a 200% penalty
With the ITR deadline approaching, Section 10(14)(i) offers tax-saving potential for salaried employees. However, misuse can lead to scrutiny and hefty penalties. Experts explain eligibility, rules and consequences of false claims.
Nifty trades flat in narrow band; IT leads, banks drag
Banking stocks continued to underperform the broader market, with ICICI Bank and Axis Bank among the top drags.
Gold futures slip to 1.41 lakh/10g on firm US dollar
On MCX, the yellow metal for August delivery fell by 181, or 0.13% to 1,41,600 per 10 grams.
Veritas Finance refiles IPO papers; eyes 900 cr via fresh issue
The proposed IPO also includes an Offer for Sale (OFS) of up to 1.28 crore equity shares by existing shareholders
ICICI Prudential MF buys stake in Go Digit General Insurance for 139 crore
The block deal comes as Peak XV continues trimming its investment in the insurer, while Go Digit shares gained over 1%.
Todays Gold Rate in India July 30: Gold prices up in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices up across Indian cities on July 3
Indias gold demand falls 6% as volatile prices turn away consumers
However, demand for gold is still high in value terms, which actually means consumers are buying gold as per their budget, says Sachin Jain, Regional CEO-India, World Gold Council
