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Gold traders seek tax safeguards to boost trust in new Gold Monetization Scheme
Association highlights potential to mobilise idle household gold and cut imports through simplified procedures
Nifty reclaims 24,000; midcaps outshine as Dr. Reddys tanks 5%, pharma diverges
Grasim Industries topped Nifty 50 gainers, rising 2.71%, while Bharti Airtel increased 2.61% on high volumes of over 61.78 lakh shares worth 1,20,224.45 lakh
A Section 245 intimation is issued when the Income Tax Department proposes to adjust your refund against an outstanding tax demand from the previous year. Taxpayers can check the demand details on the e-filing portal and respond by accepting the demand or disputing it within the given timeline.
Honasa Consumer reports nearly 30% revenue growth in Q1 FY27, margins stay in double digits
The parent company of Mamaearth expects consolidated revenue to grow about 30% year-on-year this quarter
JSW Steel Q1 FY27 output edges up 3% as blast furnace shutdown caps growth
Excluding the BF3 impact, Q1 FY27 volumes would have grown approximately 15% year-on-year, driven by a full ramp-up of JVML operations and improved utilisation at the Dolvi unit
Coforge launches AI-Powered zero trust security product in partnership with Zscaler
The product helps enterprises secure access across cloud, on-premises, and hybrid environments without traditional perimeter-based security
Biocon stock ticks up as Yesafili Biosimilar clinical data gets published in peer-reviewed journals
CEO Shreehas Tambe called the publications an important milestone for the companys aflibercept biosimilar programme
FCNR deposits: a compelling opportunity for NRIs
That combination of high foreign-exchange returns, no exchange-rate risk, and tax-free interest in India makes FCNR compelling.
Gold falls as West Asia hostilities revive inflation woes
Spot gold fell 0.4% to $4,060.46 per ounce by 0343 GMT, after dropping to its lowest since July 1 on Wednesday
Investments in gold ETFs turned negative in Q2 as investors pressed exit buttons
Over 50% of outflows were witnessed in June, with US and China leading encashments, according to WGC data
Nifty rises 137 pts at open after 3-month low; TCS Q1 results eyed
Sensex opened at 76,576.14 and rose to 76,985.96, up 0.63%, while Nifty 50 opened at 23,928.95 and increased to 24,019.15, up 0.57%, as of 9:25 AM
EPS Scheme 2026 vs EPS 1995: What changes for employees under new pension framework?
The EPS 2026 has replaced EPS 1995, introducing a new pension framework under the Code on Social Security, 2020. The new scheme retains key pension benefits and contribution rates while adding digital compliance, a 20-day claim settlement timeline and interest on delayed claims.
Why Gen Z borrows for experiences and keeps investments intact
With higher financial literacy, younger borrowers are leveraging personal loans to fund lifestyle choices, experiences, travel and discretionary spending, all while keeping their investment portfolios intact.
Rupee slips 4 paise to 95.52 against US dollar in early trade
The rupee opened at 95.52 in the interbank forex market, down 4 paise against the US dollar
TCS Q1 Results LIVE: TCS set to announce Q1 FY27 earnings today; IT sector, Street outlook in focus
TCS Q1 Results LIVE: Follow our live coverage as Tata Consultancy Services announces its Q1 FY27 earnings. Track management commentary, key financial metrics, share price movement, and the latest updates from the earnings season, including results from Anand Rathi Wealth, GM Breweries, Eimco Elecon (India), Supreme Infrastructure India, Cupid Breweries and Distilleries, Asian Hotels (East), Arunjyoti Bio Ventures, Gujarat Hotels, and Mono Pharmacare.
What Parag Parikh Flexi Cap Fund bought and sold in June 2026: Top 10 holdings revealed
Parag Parikh Flexi Cap Fund is India's largest open-ended equity scheme with an AUM of 1.43 lakh crore. The fund increased its exposure to HDFC Bank, ICICI Bank and ITC in June, while trimming its holdings in Microsoft, Alphabet, Amazon and Meta Platforms.
Laser Power & Infra opens today at 203-214
Market lot fixed at 70 shares; proceeds to be used to repay 490 crore debt; brokers largely recommend subscribe for long term
The 8th Pay Commission begins stakeholder consultations in Kolkata today, with discussions likely to focus on fitment factor, minimum pay, pension reforms and HRA revisions. The feedback will shape final recommendations for central government staff and pensioners.
Positive opening seen for Nifty, Sensex
FPI buying, firm Asian stocks to keep help market consolidate further
Key updates on TCS, SBI, Tata Steel, NLC India, and more shaping todays trade landscape
July 2026 DA hike: 3% increase most likely as June inflation data guides decision, says expert
3% Dearness Allowance hike for Central government staff and pensioners is a possibility in July 2026. The final DA revision hinges on June AICPI-IW inflation data, with the government's announcement expected after Cabinet approval and inflation review.
Sensex today | Stock Market Live: Stock to buy today: Aditya Birla Capital (385.50) BUY
Sensex, Nifty, Share Prices LIVE: Traders can buy Aditya Birla Capital shares at 385 now. Accumulate on dips at 379. Keep the stop-loss at 364. Trail the stop-loss up to 391 as soon as the stock goes up to 397
PPF account turns dormant if you invest less than 500 a year: What you lose and how to revive it
PPF accounts become inactive if the annual 500 minimum deposit is missed, restricting benefits. Activation requires a request and payment of a penalty. Full details here.
SBI Mutual Fund to launch IPO on July 14
Price band to be announced later
Sebi has notified rules for open-market share buybacks effective August 1, 2026, allowing companies to repurchase shares through stock exchanges. Here's how your capital gains will be taxed and what to consider before selling your shares via the open market.
How many mutual funds should you own? Experts explain the right portfolio mix
Managing too many mutual funds complicates portfolio tracking without enhancing diversification. Experts suggest three to six funds can suffice, emphasising a mix of large, mid, and small-cap funds along with debt for balance.
Mutual fund assets surpass FPIs for the first time, driven by strong SIP inflows
Mutual funds now hold higher overall assets than FPIs, even as foreign investors remain the biggest equity holders.
SEBI mulls easing FPI disclosure norms with higher exemption cap
Proposal to raise 3 per cent composite holding threshold for exempt investors in promoter-less companies
SEBI replaces dollar-denominated registration fee to rupee for FPIs
As per the notification, the regulator has revised the registration fee for Category-I FPIs from $2,500 to 2.3 lakh
As the Magnificent 7 lose swagger, which stock should you buy now? Experts reveal the right strategy
The Magnificent Seven tech giants are losing investor interest as their performance lags behind the Nasdaq 100 and S&P 500. Emerging chipmakers like Micron Technology are gaining traction, while stocks like Alphabet show potential amidst differing fortunes among the group.
Quant Mid Cap Fund has outperformed its benchmark index over the last 3 and 6 months, but continues to lag over the 1-, 3-, and 5-year periods. The expert attributed the rebound to portfolio repositioning and advised investors to focus on long-term consistency.
ITR filing 2026: Preventive health checkups can help you save tax here's how
The ITR filing deadline is approaching, prompting taxpayers to prepare documents and explore deductions. Section 80D allows deductions for preventive health checkups, capped at 5,000, applicable only in the old tax regime.
EPFO portal revamp: 10 changes in PF claims, withdrawals and transfers every member should know
The Employees' Provident Fund Organisation has centralised its member database through the CITES project to enhance service speed, transparency, and accessibility.
Geopolitical tensions sink markets; Nifty posts worst fall in over three months
Indian benchmark indices logged their worst session in over three months after Donald Trump declared the Iran ceasefire over, sending crude oil prices soaring, the rupee lower and the India VIX sharply higher amid broad-based selling across sectors
Can tenants continue paying old rent if they overstay after lease expires? Delhi HC answers
The Delhi HC ruled that tenants staying in a property after lease expiration may face higher rent due to automatic escalation clauses. Here's all you need to know.
How much should you invest in mutual funds? Experts say theres no magic number
A 20-30% investment target can be a useful starting point, but the right SIP depends on your goals, emergency savings and ability to increase investments as income grows.
Earning 30 lakh? The wrong tax regime could cost you over 1 lakh
A 30 lakh salary puts taxpayers in a bracket where tax planning matters more than ever. Here's how much tax you pay under the old and new regimes and which one works better.
India silver import curbs create shortages, push premiums to six-month high
India's silver import restrictions have caused significant shortages in the domestic market. Premiums have surged to their highest levels in six months due to these curbs. May imports saw a drastic fall from the previous year's figures. These measures aim to ease pressure on foreign exchange reserves and the rupee. Domestic supplies are now largely dependent on local production.
Sensex, Nifty, Share Prices Highlights: Indian benchmark indices slumped over 2 per cent in late trade after US President Donald Trump declared Iran peace negotiations were effectively over, reigniting fears of escalating West Asia tensions, surging oil prices and heightened market volatility, triggering broad-based selling across sectors.
Gold price falls 2,308/10g in futures trade as higher crude, strong US dollar dampen bullion demand
In the international markets, Comex gold futures for August delivery fell $94.69, or 2.28%, to $4,062.71 per ounce in New York
Clubbing income: Tax return mistakes that many discover only after receiving a notice
As taxpayers finalize their returns this filing season, it may be worthwhile to spend a few extra minutes reviewing investments in the name of your spouse and minor children
Starting a SIP? Here is why building the right portfolio matters more
SIPs are effective for discipline, but they don't ensure a balanced portfolio. Proper portfolio construction requires mapping goals, managing asset allocation and avoiding excessive risk. Critical review and diversification are essential to protect against poor outcomes and market volatility.
EPFO system upgrade: Your PF claim may be delayed after latest update Here's how long it will take
The EPFO informs users that claim processing may be delayed due to a recent database consolidation and software upgrade. Services are restored but will be handled in phases. Details here.
Kusumgar IPO Day 1: Opens today at 398-419 price band
Mops up 194 crore from anchor investors
EPF Scheme 2026: Who can withdraw their entire EPF corpus? Check all 7 cases
The EPF Scheme, 2026 allows members to withdraw their entire provident fund balance only under specified circumstances. Here's a detailed guide to the seven eligible situations and the key changes from the earlier rules.
ICICI Prudential Life Insurance reports 14.6% APE growth in June quarter, stocks in red
Retail Weighted Received Premium (RWRP) for Q1-FY2027 grew 13.4% to 15.38 billion, with June contributing 6.23 billion, a 12.7% year-on-year increase
Gold falls, crude oil rises after Trump says Iran peace deal over
Trump says interim accord with Iran to end war is over
EPF Scheme 2026: Can employers cap EPF contribution at 1,800? Here's what the law says
Labour Law Reporter emphasizes that while 1,800 is the default PF contribution, employers must have legal grounds to reduce contributions beyond this amount. Employee protections against wage reductions remain vital under the Social Security Code.
A soft credit inquiry allows individuals and financial institutions to review credit information without affecting credit scores. Here's how soft checks work, their impact, and how they differ from hard inquiries.
INOX India bags 939 crore in fresh orders, driven by space sector mega deal
The bulk of the orders of 871 crore came from the Industrial Gas segment, which includes a Mega order (classified as above 150 crore) from the space exploration industry
Intellect Design Arena lands in Forresters POS Landscape report
Intellects inclusion is on the strength of its eMACH.ai Retail 6DX platform, which the company describes as its flagship retail commerce solution
The Income Tax (I-T) department has released an Excel utility for ITR-5, enabling taxpayers to file their return for the assessment year 2026-27.
Residents with foreign assets or overseas income must file ITR-2 instead of ITR-1 before 31 July. Check who needs to file, mandatory disclosure schedules, penalties for non-compliance and steps to ensure accurate tax filing and avoid legal issues.
Tilaknagar Industries posts record 3.4 million case sales in June 2026; stock edges up
The stock traded at 451.80 on the NSE as of 1.22 PM on Wednesday, up 0.16 per cent from its previous close of 451.10, with a market capitalisation of approximately 11,176 crore.
Silver futures decline to 2.29 lakh/kg
Sell-off by participants pulls down prices despite global gains
Experts say there are no pure-play ethanol mutual funds, but investors can gain exposure through select index, thematic and sectoral funds. Given the cyclical, regulatory and adoption risks, they suggest diversified funds rather than concentrated stock bets.
Gold futures drop to 1,44,911/10g
On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by 481, or 0.33 per cent, at 1,44,911 per 10 grams in a business turnover of 916 lots.
Broader markets also traded lower, with the Nifty Midcap and Smallcap indices slipping 0.18% and 0.17%, respectively.
60 lakh salary: Here is how to calculate final tax liability after surcharge under new tax regime
A 60 lakh salary attracts a surcharge of 10% under the new tax regime in addition to slab-wise income tax and 4% health and education cess. In this case, the final tax liability comes to 15.53 lakh, resulting in an effective tax rate of 25.88%.
Moved back to India? This buffer can help you with tax planning
During the RNOR window, your Indian income is taxed exactly as it would be for any resident. Any income earned in India is taxable and must be declared in the ITR
IHCL signs 20 hotels in Q1, shares in focus
The stock declined nearly 2%to 731.75 on the NSE from the previous close of 745.95.
Knack Packaging share price list at 10.5% premium on NSE debut
According to an analyst the company is supported by healthy revenue growth, improving profitability and high return on equity; customer concentration risk and execution of the new manufacturing facility are the factors to watch
Maruti Suzuki faces 9.5-crore customs duty demand; stock slides 1.65%
Maruti Suzuki to challenge the order which relates to alleged payment of duties on imported goods at a different rate than what the customs authority considers applicable
Sensex today | Stock Market Live: Stock to buy today: Godrej Properties(2,040.05)
Sensex, Nifty, Share Prices LIVE: Traders can buy the stock now at 2,040 and accumulate at 1,970. Place a stop-loss at 1,870. When the price rises to 2,275, raise the stop-loss to 2,175
With the July 31 deadline approaching, only a small percentage of taxpayers have filed their returns. Cleartax CEO Archit Gupta warns against assuming an extension this year, as slower filing rates could lead to increased pressure before the due date.
Income-tax returns: Today we explain the circumstances under which taxpayers can appoint authorised representative, the requirements, eligibility criteria and other important factors.
ITR 2026: Senior citizens can claim 50,000 deduction even without health insurance Here's how
The income tax return filing deadline is approaching, prompting taxpayers to gather documents. Section 80D allows senior citizens without health insurance to claim up to 50,000 for medical expenses, available only under the old tax regime.
Bought US startup shares using overseas savings? Here's how India will tax it
A returning NRI who invested overseas savings in a US startup may not face tax on the purchase itself, but discounted acquisitions and annual foreign asset disclosures can trigger tax and compliance obligations.
Torrent Pharma, JB Chemicals hit 52-week highs after NCLT approves merger
The companies said the amalgamation under Sections 230 to 232 of the Companies Act will become effective after filing the certified NCLT order with the Registrar of Companies.
NFRA begins probe into Rajesh Exports over alleged financial misstatements
The probe relates to alleged financial misstatement and revenue recognition issues involving the Bengaluru-based gold refiner
A Delhi taxpayer was denied a 17 lakh tax refund due to late e-verification of his ITR while caring for his ill father. ITAT ruled that denying the refund on technical grounds violates Article 265 of the Constitution, leading to a ruling in his favor.
The Tamil Nadu state government has today hiked the salaries of employees working at its TASMAC liquor outlet by 25% with aim to bring in reforms curb corruption and overcharging at these stores. Here's all we know
Weekly rupee view: Indian currency enters another consolidation phase
Positive flows and softer crude support the currency, but gains remain limited
IT rally, rupee surge fail to lift D-Street as expiry-day blues snap four-day winning streak
Broader markets underperformed, while investors remained cautious amid weak global cues and looked ahead to TCS results, the FOMC meeting minutes and key US economic data for direction
8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.
Top 5 business cycle mutual funds compared: AUM, returns and portfolio strategy
Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of 15,798 crore and has delivered an 18.77% return over the last three years.
Rupee logs best day in three weeks on NDF dollar sales, bailing shorts
The rupee ended at 94.9675 per dollar, up 0.4% from its previous close, after oscillating between modest gains and losses in early trading.
DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.
The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.
What is the active share of a mutual fund
Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.
Stretching a 35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.
Cult.fit files DRHP for 950 crore IPO, reports 36% revenue growth in FY26
Cult.fit plans to use the IPO proceeds for debt repayment, expansion and investment in Cultsport after strong FY26 growth
Nifty Defence index drops over 2 per cent after two-day rally
Digital arrest scams cost Indians 4,000 crore since 2022: How fraud works and ways to stay safe
Digital arrest scams have cost Indians more than 4,000 crore since 2022 as fraudsters impersonate government officials to steal money. Check how these scams work, key complaint figures, warning signs, and practical safety tips to protect your savings from the growing threat of cyber fraud.
Gold fever breaks, leaving silver linings for singed investors
As speculative hype fizzles out and global central banks slow their purchases, the sharp drop in gold and silver highlights the danger of trading commodities for short-term gains.
SETL pays 70 crore for stake in Japans GL Hakko, eyes majority control within three years
SETL will fund the investment entirely from internal accruals without taking on external debt
