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Gold firms as oil prices slump after Trump holds off on Iran attack
Gold has made a relatively cheery start to the week but gains remain limited given the uncertainty around the oil markets and the West Asia
How do Fed rates impact the Indian markets and your money?
The US Federal Reserve's interest-rate decisions influence currencies, markets and borrowing costs worldwide. Here's how a Fed pause can affect India's economy, investments and your finances.
ITC shares climb 4% as resilient cigarette volumes ease tax-hike concerns
Cigarettes account for the bulk of ITCs earnings, making the segments recovery a key focus for investors
Muthoot Finance shares tumble 14% despite Q1 profit, brokerages flag margin pressure
The gold loan lender reported a profit after tax of 2,550 crore in Q1FY27, compared with 2,046 crore in the corresponding quarter
Rupee rises 31 paise to 95.12 against US dollar in early trade
Forex traders say fall in global oil prices, FII inflows to India, a rise in countrys forex reserves and RBI support strengthened rupee
A Kerala consumer court ordered Federal Bank to pay 1.25 lakh after blocking a customer's international debit card without prior notice. The ruling reinforces that banks must communicate card blocks promptly, especially when customers are travelling abroad.
Sensex, Nifty gap up on Iran diplomacy, crude slide; financials lead, pharma drags
Sensex, which closed at 78,094.64 on Friday, opened at 78,883.34; the Nifty 50, which ended the previous session at 24,383.60, opened at 24,572.70
Gold and silver prices today, 3 August: 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, 03rd August 2026 Live Updates: Get real-time Q1 FY27 earnings updates, profit growth, revenue numbers and management outlook
Apple suffers worst rout since 2025 on disappointing outlook
The disappointing forecast sends Apple shares down 7.4% to $308.91 in New York on Friday, their biggest single-day drop since April 3, 2025
8th Pay Commission: Employee unions are seeking annual increments of up to 7%. Illustrative projections show how 3%, 5% and 6% annual increments could significantly increase central government employees' basic pay over five years through compounding.
US dollar drops sharply against Japanese yen after market interventions
Before late last week, the dollar was trading above 163 yen, touching 40-year highs. After regulators were suspected of stepping in, it fell below 160 yen.
Can unpaid business expenses be claimed as tax deduction? ITAT Mumbai's ruling explains when you can
A redevelopment firm won tax relief after the ITAT ruled its 8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.
Nifty, Sensex set for strong opening on August 3
Positive global cues, FPIs buying, Q1 results, monsoon to add strength to bulls
Sensex, Nifty, Stock Price Live Updates: Equity markets are expected to remain focused on the Reserve Bank of Indias Monetary Policy Committee (MPC) meeting, the ongoing Q1 FY27 earnings season and global developments in the coming week, with investors closely tracking management commentary, macroeconomic data and geopolitical events for market direction.
Filed your ITR before 31 July but found an error later? Tax expert explains who can revise and how
Filed your ITR before the 31 July deadline but spotted an error later? Eligible taxpayers can still revise their return under Section 139(5). Here's who can file a revised ITR, the process and the key documents to verify.
Women, younger borrowers and non-metro regions are driving credit growth in the country. The number of eligible Indians opting for loans has jumped from 34% in 2017 to 74% in 2026.
After years of small and mid-cap outperformance, large caps could be poised for a stronger phase. A new report cites six factors, including improving economic growth, attractive valuations and supportive macro trends, while urging investors to maintain a balanced market-cap approach.
Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns.
How to calculate capital gains on NPS Tier II withdrawals
The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.
Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.
With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.
A 100% debt portfolio delivered an average annual return of 6.79% with volatility of 6.38%. However, adding a 10% equity allocation improved returns to 7.99% while reducing volatility to 5.76%, showing that higher equity exposure does not always translate into higher portfolio risk.
The 8th central pay commission (CPC) has closed its window for data submission this week. Here's a look at the latest updates on its group consultations process before the panel makes its recommendations.
Gold, silver seen range-bound as focus shifts to US job numbers, Fed cues: Analysts
On the domestic front, gold futures for August delivery fell by 1,595, or 1.1%, during the last week to close at 1.41 lakh per 10 grams
Delhi Lakshmi Yojana portal received 33,730+ registrations within 12 hours of its launch on 1 August. The scheme offers eligible women 2,500 per month. Women aged 21-60 years, with annual family income up to 2.5 lakh and meeting other criteria, can apply.
RBI fixed deposit rules changes: Could this impact FD interest rates for customers? We explain
RBI has allowed banks to offer differential interest rates on bulk deposits based on their liquidity risk under the Liquidity Coverage Ratio (LCR) framework. We explain how this impacts customers and if this could affect your fixed deposit rates with banks
New market timings from Monday; F&O segment to remain open till 3:40pm
Revised trading hours add a Closing Auction Session for F&O stocks, improving market efficiency and price discovery, while non-F&O stock timings remain unchanged
Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years
Only seven diversified equity mutual funds delivered annualised SIP returns of over 20% in the last 10 years, excluding sectoral and thematic schemes. A 10,000 monthly SIP in these funds grew to as much as 38.8 lakh, with small- and mid-cap funds dominating the rankings.
Multi-asset allocation funds attracted nearly 38,027 crore in H1 2026, about seven times the inflows into balanced advantage funds. The gap was driven by strong gold and silver returns, investor return-chasing behaviour, and fresh fund launches in the multi-asset category.
Capital inflows, RBI support limit rupee's decline despite 20% oil price surge in July: Report
BoB says a decline in the US Dollar Index (DXY) by 1.3% during July also provided support to the rupee, even as higher crude oil prices weighed on the domestic currency
Financial experts say behavioural biases such as recency bias, loss aversion and FOMO often lead investors to buy after rallies and sell during market corrections.
Though PPF comes with a lot of benefits, some common mistakes can make you lose key benefits or shrink your final corpus. Here's everything you need to know.
The July 31 ITR filing deadline has passed, but many taxpayers still have time to file their returns. Here's who must file by August 31, October 31 or November 30 under the revised filing calendar for AY 2026-27.
The deadline for ITR filing has passed, yet a viral claim about a Pune CA earning 12 lakh from nearly 400 clients during this peak tax season has sparked debate.
Mcap: 9 of top-10 most valued firms jumps 2.51 lakh cr, Bajaj Finance biggest winner
Last week, the BSE benchmark Sensex climbed 2,034.87 points, or 2.67 per cent, and the NSE Nifty surged 616.15 points, or 2.59 per cent.
The Gujarat High Court has held that the Income Tax Department cannot retrospectively apply the expanded powers under Section 55A to reopen old property valuation disputes. The ruling offers clarity for taxpayers involved in legacy capital gains cases.
Market outlook: RBI policy, Q1 earnings and global cues to steer markets this week
On the macroeconomic front, market participants will watch July Composite PMI and GST collection data for signals on the strength of domestic economic activity
Why fixed income remains a portfolio stabiliser during uncertain times
Investors face geopolitical risks and inflation pressures, leading to increased focus on fixed-income securities. Experts advise on building diversified bond portfolios across ratings and maturities to limit volatility, sustain income, and achieve financial goals effectively.
What happens to your EPF account when you take a career break for 12 years? Explained
Taking a career break allows your EPF account to remain active, continuing to earn interest until you turn 58. You can withdraw up to 75% after unemployment, but tax applies unless you've completed five years of continuous service before withdrawal.
The Telangana High Court has ruled that taxpayers cannot lose Section 54F capital gains exemption solely because a builder delayed completing or registering a home. The judgment says delays beyond the taxpayer's control should not defeat the tax benefit if the investment has already been made.
SCSS provides government-backed safety and regular quarterly income, while Small Finance Bank FDs offer flexibility and competitive rates. Explore a detailed comparison of returns, risk, liquidity and tax advantages before choosing the right retirement investment strategy.
Millennial investor Todd Baldwin became a millionaire in his 30s by employing a combination of real estate and equity investment. Here's how he used the housing hacking strategy to gain rental income and invested it in index funds.
Bank holidays this week: SBI, HDFC, ICICI, PNB and other banks across India will be closed for upto three days this week, but digital platforms like UPI and banking apps will remain operational.
The motorcycle and the Ferrari: when to indulge and when to hold back
Buy the Ferrari, by all means, on the day you become the person who has earned it. Until then, it's fine to admire one zooming past, and getting on with the un-Ferrari years that are the real work.
US President Donald Trump's policies have pushed up inflation, which has increased the potential social security payouts for Americans in 2027, and threatened to put the US' retirement programme at risk.
The Municipal Corporation of Delhi (MCD) is considering one-time regularisation of contractual employees and extending entry-pay, DA, allowances, leaves and other benefits to them. Here's all we know
ITR filing due date: More than 5.9 crore income-tax returns were filed for AY 202627 by 31 July. Taxpayers filing the ITR-3 and ITR-4 (Sugam) forms must do so by 31 August and 31 October, respectively.
Annapurna Bhandar Yojana: When is the August 3,000 payment likely to arrive?
Beneficiaries of the Annapurna Bhandar scheme are inquiring about the August 2026 credit date. The scheme replaces TMC's Lakshmi Bhandar, offering 3,000 monthly aid.
The Delhi Lakshmi Yojana aims to empower eligible women by providing 2,500 in monthly assistance. Women aged 21 to 60 from households with an income of under 2.5 lakh can apply, with a local MLA or MP's recommendation required for a transparent application process.
Credit card balance transfers can lower interest costs but may temporarily affect your credit score through hard inquiries and new accounts. Experts explain why repayment discipline, lower credit utilisation and avoiding repeated transfers are essential for maintaining a healthy credit profile.
EPFO fast-tracks PF withdrawals, aims to settle claims within 2448 hours check details here
The EPFO aims to settle fresh PF withdrawal claims within the same day or a maximum of two days, easing access to savings for members. Details here.
The revised EPF Scheme no longer permits employees to withdraw their entire PF balance after just two months of unemployment. Check the recent withdrawal rules here.
The July 31 deadline has passed, but belated filings are possible until December 31, 2026, with late fees and interest applicable. How to file ITR after due date, who gets more time, consequences, and other details here.
Indias consumer giants plan fresh price hikes; heres when the higher rates could reach store shelves
Consumer companies in India are gearing up for another round of price hikes, which could impact people's household expenses. This rise is attributed to a surge in commodity prices amid prolonged US-Iran conflict in West Asia. Details here.
Dow Jones, S&P 500, Nasdaq: Stocks rise on tech earnings; bond yields hit multi-year highs
Apple shares tumble more than 7% after disappointing forecast on component shortages
Q1 Results Today, 01st August 2026 Live Updates: Follow BusinessLine's live coverage of Q1 FY27 earnings on August 1, 2026. Stay updated with the latest financial results, key announcements, earnings highlights and market reaction from companies scheduled to report their June quarter performance today.
Own an EV? Heres why a regular ICE vehicle insurance policy won't cut it
The real protection for your EV lies in specific covers like EV Shield, which is offered as an add-on to cover batteries. An EV Shield is essential as it specifically covers the battery, electric panel, and charging equipment.
Indias first REIT index fund to launch in August: Should you invest in it?
The REIT index fund provides access to commercial real estate at a low cost, with diversification and liquidity, and in a tax-efficient manner.
August will bring various financial updates for consumers, including changes in banking rules, credit card regulations, and the implementation of CKYC 2.0. Key deadlines include the income tax return filing due by August 31. Full list here.
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
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
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 clarifies off-market sale of unlisted shares to up to 200 buyers not a public issue
Sebi has stated that off-market transactions involving share sales are distinct from public issues, particularly when current shareholders opt to sell unlisted equity shares privately. A limit of two hundred purchasers per financial year must be adhered to. This clarification was specifically made in response to IDBI Bank's proposed divestment strategies, confirming that such actions are allowed as secondary transactions by existing shareholders.
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
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.
No AI bubble, better rules: Why India escaped the Korea shock
SEBIs measures to safeguard market integrity also help market stay relatively calm
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
