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Nomura bets on India datacentre boom, CG Power, GE Vernova among top picks
Indias datacentre IT load capacity increased from around 350 MW in 2019 to nearly 1.5-1.6 GW in 2025, implying around 29 per cent CAGR compared with about 20 per cent globally
DTAA explained: How NRIs can avoid double taxation and save on taxes?
DTAA allows NRIs to pay tax only in one country or at reduced rates, preventing double taxation on income earned in India and their country of residence. Here's how it works.
Silver climbs 2% to 2.71 lakh/kg in futures trade amid strong global cues
Strong overseas cues and geopolitical uncertainty lift the white metal
AI trillion-dollar boom: Why India missed the biggest wealth-creation story of the decade
The AI wave has not merely created new products. It has minted trillions of dollars in market value and transformed a handful of technology firms into wealth-compounding machines.
Navigating health insurance portability: Check key rules, FAQs and online process, explained
In India, health insurance portability enables policyholders to switch insurers without losing accrued benefits like NCB. Requests must be made 45 days before renewal. Here are the top FAQs answered
Add-on credit cards can offer benefits, but should only be used with caution, as shared credit limits, full repayment liability, and credit score risks can affect family financial control.
A conservative evaluation of a 1.5 crore home purchase in Gurugram on a 25 LPA salary reveals affordability concerns.
ITR: When can taxpayers claim deductions under Sections 80C, 80CCC, 80CCD (1), 80CDD (1B), 80D, 80DD, 80DDB, 80E, 80EE, and 80EEA of the I-T Act, as applicable under the old tax regime? Here's a look
I asked ChatGPT to keep my job future-proof: AI asks me to build a T-shaped profile
A simple learning system emphasises mastering fundamentals, building visible work and public application, according to ChatGPT.
Are target maturity funds right for you? Here's how passive debt investing works.
These passive debt instruments offer a way to lock in predictable returns, but their safety depends entirely on an investor's ability to time them right and hold to maturity.
Choosing a health insurance plan requires due diligence and understanding personal needs. HDFC ERGO offers comprehensive coverage, while ICICI Lombard provides cost-efficient modular options. Here is a detailed comparison between the two.
India slips to seventh in global market cap rankings as South Korea pulls ahead
Driven by AI chipmakers, South Korean stocks have rallied this year lifting the combined value of companies listed on its exchanges to $5.01 trillion, surpassing the $4.85 trillion value of firms on Indias NSE
Meesho partners BSE to help MSMEs list on SME platform via Project Shikhar
The programme will provide structured support, including compliance guidance, entity conversion and listing preparation
EPFO 3.0 ATM withdrawal explained: Launch status, PF withdrawal process, rules, and limits
Want to know if EPFO 3.0 ATM withdrawal is live? Check the latest update, official status, PF withdrawal process, UPI option, rules, limits, launch timeline, login details, and what members should do now.
Secure a steady retirement income with the Senior Citizens Savings Scheme (SCSS) at 8.2%. A couple can earn nearly 5 lakh annually on a 60 lakh investment backed by a government guarantee.
VPRPL posts 151.77 crore quarterly loss; stock hits lower circuit
Following the reported pre-tax loss, the companys stock hit the lower circuit at 36.03 down nearly 5% on Tuesday, June 2, 2026.
Financial planning includes calculating your savings, investments and retirement fund before making investment decisions. If you plan to purchase an SUV in the next 2-5 years, here's how you can use SIPs to build adequate corpus
Coforge jumps 5% on launch of AI platform for global insurance market
The stock opened at 1,472.20, touched a high of 1,538.50 against a previous close of 1,461.20, reflecting strong market response to the announcement
Wockhardt shares tumble 9% amid profit booking after sharp rally on Zaynich approval
The recent rally in the stock followed the USFDAs approval for Zaynich (cefepime and zidebactam), an intravenous antibiotic for treating adults with complicated urinary tract infections (cUTI)
Ola Electric launches QIP at 37.74 floor price; May sales jump 23%
The company attributed the recovery to a retail restructuring at the front end and stronger execution, alongside rising petrol prices driving consumer interest toward EVs
NHPC shares fall nearly 5% as Centre launches OFS at discount
NHPC shares fell 4.6% to 73.62 on the NSE in morning trade, down from 77.20, and were at 73.83 by 9:48 am
On 2 June, gold prices on MCX rose marginally amid a weaker dollar and declining crude oil prices. MCX gold August futures rose to 1,59,440 per 10 grams, while geopolitical tensions surrounding US-Iran negotiations continued to impact markets.
HUL opens India's first Unilever Fragrance Hub at IIT Bombay
The Mumbai facility combines proprietary creation software, real-time evaluation data capture, and advanced compounding technologies, enabling end-to-end fragrance design, testing, and refinement
Markets open lower; IT stocks buck trend as selling pressure continues
Sensex opened at 73,945.20 and was trading at 73,981.34, down 286 points (0.39%) at 9:21 am; Nifty 50 opened at 23,229.15 and was at 23,278.35, down 104.25 points (0.45%)
Why time in the market is more important than timing the market
Giving your portfolio time is one of the best investment choices you can make, as equities require a long-term investment horizon to truly perform.
8th pay commission: Panel extends memorandum submission date to 15 June Check top updates
8th pay commission: The 8th CPC panel has extended the deadline for submission of memorandums from employee representatives, groups and unions to 15 June. Check here for latest top updates, meetings, and more
Nifty seen opening 200 points lower amid rising geopolitical concerns
Weakening rupee, FPI selling, geopolitical tension continue to haunt market sentiment
A state government employees' forum leaders said that West Bengal CM Suvendu Adhikari has assured that pending dearness allowance dues will be cleared as per the Supreme Court order. Here's all we know
Several companies remained in focus after announcing regulatory approvals, strategic investments, fund-raising plans, stake sales, business expansion and infrastructure projects. Key stocks include Groww, Wipro, PNC Infratech, NMDC, NHPC, Ola Electric, Axis Bank and Indian Hotels Co.
SEC defends compromise settlement in Elon Musk Twitter shares dispute
The settlement would require a trust associated with Musk to pay $1.5 million to resolve claims that the delayed disclosure allowed him to acquire shares at lower prices before the market became aware of his stake
SEBI approves State Street Global Advisors stake acquisition in Groww AMC
The approval follows earlier clearances from Growws board and the Competition Commission of India
Sensex today | Stock Market Live: Stock to buy today: NBCC (India)
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for NBCC (India). The stock surged over 4 per cent on Monday when broader markets were beaten down. Mondays rise confirms an inverted head and shoulders pattern on the chart. The neckline support of this pattern is around 101. Fresh buyers are likely to come into the market around this support level and limit the downside.
Government launches NHPC OFS to sell up to 6% stake at Rs 71 per share
The OFS will open for non-retail investors on June 2 and for retail investors on June 3
Coca-Colas Indian bottling unit targets potential stock market debut in 2027
Coca-Cola said it will remain invested in HCCB even after any potential listing
Why Devina Mehra keeps 85% of her portfolio outside India
The First Global founder explains why asset allocation matters more than stock picking, why she remains underweight on the US and why she avoids real estate and private credit.
Annapurna Bhandar Scheme 2026: Check eligibility, how to apply online and documents required
Want to apply for Annapurna Bhandar online? Check the official website, eligibility, required documents, form download steps, offline option, status check process, and scam alerts in one place.
SEBI considers easing NDCF norms for Road InvITs, permitting major maintenance borrowings
Sebi proposed allowing road-focused InvITs to add major maintenance expenses back into their NDCF calculations if financed by debt. Full details here.
I asked ChatGPT if old-school shopping is better than quick commerce its answer shocked me
As quick commerce transforms grocery shopping in India, urban couples face unplanned expenses due to ultra-fast delivery services. Here's what ChatGPT suggested to reduce decision fatigue and save 15-30% on monthly grocery bills
Gold declines 2,500 to 1.6 lakh/10g amid fresh US-Iran tensions
Silver prices also weakened sharply, falling 5,000, or nearly 2%, to 2,69,700 per kilogram (inclusive of all taxes)
Mutual funds, SIFs and PMS: Comparing risk, flexibility and investment limits
SIFs sit between Mutual Funds and PMS, offering flexible, advanced strategies with moderate entry levels and regulation. Investors should understand the differences and consult a financial advisor before investing. So that sensible and professionally guided investments are made.
Not sure about how much of your portfolio should be invested in equity and how much in debt? This is where an asset allocation calculator can help. So, let's find out your ideal asset allocation.
NRO accounts allow NRIs to manage Indian income. Upon returning to India, NRIs must convert their NRO accounts to resident accounts by notifying their banks. Here's the entire process to do it and documents required.
From credit score impact to financial burden, 5 loan risks every borrower and guarantor should know
A simple favour can lead to lasting costs. Understanding the risks of loan guarantorship helps protect your credit score, assets, and finances before agreeing to support a personal loan application. If in doubt, do not hesitate to take professional guidance before agreeing to a loan guarantor.
From HENRY to HARRY: how high earners can escape the lifestyle trap and build real wealth
High salaries don't guarantee financial independence. Heres how time-poor professionals can escape the cycle of heavy EMIs and lifestyle inflation to secure long-term assets.
5 diversified equity funds that have delivered the highest alpha
The metric used to analyze an equity fund's performance relative to its underlying benchmark index is alpha. Here's a list of top 5 equity funds by highest alpha that have outperformed their benchmark index.
UPI sets new record: Transactions reach 29.9 lakh crore in May
In May, UPI transactions hit a record high in both transactions and volume terms. This growth was driven by summer travel and IPL fever. Full details here.
Rupee ends little changed on two-way foreign portfolio flows, merchant hedging
The rupee closed at 94.99 per dollar, almost unchanged from its close at 95.00 on Friday.
8th Pay Commission fitment factor: Will it be 2.57, 2.86 or 4.0? Here's what experts say
Inflation fuels debate over the 8th Pay Commission fitment factor as unions push for higher multipliers and experts suggest a moderate revision to balance salary growth, pensions and fiscal stability ahead of 2036.
UPI security, LPG price revision, PAN rules: Key financial changes effective from June 1
Starting June, significant financial and regulatory changes will affect consumers, including updated UPI security measures, revised PAN compliance, and increased LPG cylinder prices. Full list here.
Silver futures rise to 2.67 lakh per kg
On the Multi Commodity Exchange, the white metal for July delivery rose by 502, or 0.19%, to 2,67,500 per kilogram with a turnover of 590 lots
Buying land in India: Should NRIs use NRE or NRO funds?
For US NRIs buying land in India, using an NRE or NRO account does not change capital gains tax liability, though FEMA and repatriation rules remain crucial considerations.
Augmont launches Indias first AI-powered gold purity evaluation machine in suburban Chennai
Machine enables customers to instantly evaluate the purity of gold ornaments in a transparent, non-invasive, and hassle-free manner
Turn small SIPs into crores with the 8-4-3 rule, a compounding strategy that shows how disciplined monthly investing in equity mutual funds can steadily build long-term wealth. The focus must be on staying calm during market volatility and following well-established rules of wealth creation.
An analysis reveals that for a 1 lakh salary, Pune, Hyderabad, and parts of Chennai offer the best home-buying opportunities, while Mumbai is the least affordable.
Gold futures drop to 1,59,827/10g
Five timeless investing lessons from Warren Buffett's most storied 'no'
A crisis-tested investing lesson, Warren Buffetts 2008 rejection of Lehman and AIG highlights the value of balance-sheet strength, liquidity, trust and disciplined fundamental analysis. As an investor, one must follow fundamentals and make sensible investments backed by data and solid facts.
Rally follows announcement that the existing 11 per cent import duty on cotton would not be levied between June 1 and October 31.
NMDC posts record Q4 revenue of 11,173 crore; full-year PAT rises 11%
The state-owned miner also achieved its best-ever Q4 iron ore production of 162.72 lakh tonnes (LT), up 22% year-on-year, and best-ever Q4 sales of 152.99 LT, a 21% increase
Kalpataru Projects bags 2,002 crore orders
Despite the order announcement, KPIL shares traded sharply lower on the NSE on Monday
Suraj Estate acquires Mahim land for 75 crore; stock slides 4% on Monday
The acquired plot is contiguous to the company's ongoing commercial project, Suraj One Business Bay
Sukanya Samriddhi Yojana: If opened at 5, will it mature at 21 or 26? Can you withdraw earlier?
The Sukanya Samriddhi Account matures 21 years after opening, regardless of the girl's age. Contributions last for 15 years, and the girl can withdraw 50% of the balance at 18 for education or marriage expenses. Tax benefits apply under Section 80C.
Gold slips on stronger dollar, oil as markets await Trump decision on Iran proposal
Spot gold fell 0.3% to $4,521.25 per ounce, after reaching a two-week high, while US gold futures for August delivery dropped 0.9% to $4,551.60
Q4 Results Highlights Today Live Updates: Stay tuned to businessline for the latest live updates on Q4 earnings.
RSL crosses 1,000 crore revenue mark; Q4 profit jumps 58% as stock rallies
Revenue from operations rose 8.05% to 1,006.96 crore, compared to 931.93 crore the previous year; profit before tax climbed to 66.35 crore from 54.63 crore in FY25
Virat Kohli led RCB to a five-wicket victory over GT in IPL 2026, delivering consistent performances through the marquee tournament and capping it off with an unbeaten 75 in the final. His disciplined approach is a reminder to investors to prioritize technique and strategy over aggressive tactics.
Jupiter Wagons shares slide 5% as Q4 profit plunges 73% YoY
The company's consolidated net profit for Q4 FY26 stood at 27 crore, down 73.5 per cent from 103 crore in Q4 FY25
IndiGo shares jump over 5% as brokerages stay bullish despite Q4 loss
The stock rose 5.2 per cent to 4,633.90, from the previous close of 4,405 before trading at 4,528.80, up 2.81 per cent, at 10.12 am
Gold and silver prices today, 1 June: Gold rates declined on MCX amid a stronger US dollar and rising crude oil prices. Check the latest 24K and 22K gold prices, along with 999 silver rates, in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
Rupee falls 9 paise to 94.94 against US dollar in early trade
On Friday, the rupee appreciated 73 paise to close at 94.85 against the US dollar on suspected interventions by the RBI.
Markets open higher; IT, aviation lead gains as geopolitical uncertainty lingers
The Sensex opened at 75,203.02 and was at 75,119.05, up 343.31 points (0.46%) at 9:18 AM. The Nifty 50 opened at 23,654.50 and was at 23,644.05, a gain of 96.30 points (0.41%)
West Bengal CM Suvendu Adhikari announced the Annapurna Yojana fund transfers starting June 3, providing 3,000 to eligible women. Beneficiaries must ensure their Aadhaar-linked bank accounts are updated to avoid issues with payments.
Markets eye flat start amid geopolitical and macroeconomic concerns
Global stocks jump but analysts eye FPI flows, RBI upcoming meet
Coinbase has launched operations in India, allowing users to deposit and withdraw Indian Rupees directly. This eliminates the need for peer-to-peer transactions, and users can trade various crypto assets with local order books and advanced trading tools.
8th Pay Commission: Pension rules could change - 70% pension at 65, increasing to 100% with age, Freedom to Pick OPS, NPS or UPS
Sensex today | Stock Market Live: Stock to buy today: Chennai Petroleum Corporation
Sensex, Nifty, Share Prices LIVE: The stock of Chennai Petroleum Corporation has been in an uptrend since March 2025. After hitting a one-year high of 1,159 last month, the price moderated. However, the broader bull trend remains positive and the price stays above both 21- and 50-day moving averages.
Buzzing stocks: Automobile, textile stocks, Petroleum exporters, AWL Agri, Cyient, NCC
Also watch out 3 Pharma majors: Lupin, Wockhardt, Sai Parentals among others
Indians relocating abroad must convert their resident savings accounts to NRO accounts due to banking regulations. Failure to do so can lead to compliance issues. Details here.
Atal Pension Yojana: How can you withdraw my account? What happens on payment defaults Check FAQs
The Atal Pension Yojana aims to establish a universal social security system in India, offering a guaranteed monthly pension to subscribers based on contributions made till 60 years of age. Here's all you need to know.
Filing your ITR isn't just about paying taxes: 5 other benefits you should know
Filing income tax returns (ITR) is essential for meeting tax obligations and can provide benefits like loan eligibility and tax refunds. Here are five benefits of filing ITR regularly.
Income-tax returns: Here's why you must e-verify your ITR after filing Stepwise guide
Income-tax returns: You should complete e-verification of your ITR within 30 days after filing to ensure a smooth refund process from the tax department. Check here for the step-by-step taxpayers' guide
Income-tax returns: Are all donations 100% exempted from tax under old regime?
ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more
How a Gurgaon couple spent 1.59 lakh and still invested 2.2 lakh in March
The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where 50,800 goes towards rent and electricity bills.
Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling 17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.
EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.
Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take
Credit card fees piling on? Here's things you can do to reduce or avoid some charges
Credit cards offer flexibility and benefits but come with high interest rates and fees. Financial discipline is essential to maximise advantages and maintain a good credit score. Here's things you can do to reduce or avoid some charges
Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.
DA: Punjab Cabinet to consider payment of dearness allowance and dearness relief dues and pay arrears of state government employees across categories and pensioners for specified periods, PTI reported.
