38 C 
Prestige Hospitality reported to have put IPO plans on hold, explores stake sale instead
The Bengaluru-based developer has started discussions with potential investors to raise about $300 million
Claude ran like a CA: Professionals are leaning towards AI to file income tax Check viral prompt
Working professionals took to social media to share how they used AI to file their income tax returns From decoding dense tax terminologies to automatically accounting for mid-year employer switches, and more
Invest in mutual funds daily with just 10: Axis Mutual Fund launches Rozana SIP
Axis Mutual Fund has launched the Rozana SIP facility, which enables investing with just 10 per scheme per day through its website. This initiative offers a low-ticket-size approach and helps build an everyday investing habit through daily contributions.
Nifty 50 vs Nifty Next 50: Which index rewarded investors more? What 10-year rolling returns reveal
Often viewed as a secondary large-cap benchmark, the Nifty Next 50 has outperformed the Nifty 50 across 3-, 5-, 7- and 10-year rolling periods. The data also shows it occupies a distinct position between traditional large-caps and mid-caps on the risk-return spectrum.
Waaree Renewable acquires 55% stake in Associated Power Structures for 1,225 cr
Consequent to the completion of the aforesaid acquisition, APSPL has become a subsidiary of Waaree Renewable Technologies
The RBIs inflation target remains 4% with a 2%6% band. Medical inflation has recently run far above headline inflation, and Indias life expectancy at birth is about 72 yearsall of which argue for a cautious plan, said ChatGPT
Sensex rose 254.36 points to close at 77,409.98, while Nifty 50 gained 82.30 points to settle at 24,168.00, with both benchmarks up 4.3-4.8% over the last five sessions
Brokers Call: RateGain Travel Technologies (Buy)
Anand Rathi Research
Long-delayed NSE IPO sets up $2.6-billion windfall for top investors
The listing will be a pure offer-for-sale, with existing shareholders offering to sell about 6% of the exchanges equity and no fresh equity raise
NSE set to list in one of country's largest IPOs
NSE first planned to go public in 2016 but did not receive clearance for its IPO because of pending regulatory investigations
Ramit Sethi believes that if you automate your savings targets first, you don't need to track minor purchases
Pre-filled ITR and AIS: Checks to complete before you hit submit'
AIS is compiled from data reported by multiple entities such as employers, banks, mutual funds, brokers, custodians, and registrars. While it is a useful reconciliation tool, it is not free from errors.
Emirates NBD completes acquisition of majority stake in RBL Bank with $2.75 billion investment
The transaction, which was announced on October 18 last year, was completed after receiving all regulatory approvals and fulfilment of closing conditions
Rupee posts longest winning run in a year on exporter flows, bank dollar sales
The rupee closed at 94.3325, up 0.2%, and has gained 1.5% over the last five sessions
India has learned how to trade but it still needs to learn how to invest
Access has surged across Indias markets, but investor behaviour has not kept pace with participation.
Equities can be the preferred asset class as geopolitical tensions ease. Gold will continue to serve as a portfolio hedge and wealth-preservation tool, while silver may benefit from improving industrial demand but remains a relatively volatile asset.
ITR 2026: Invested in Bitcoin or crypto? Heres whether to file ITR-2 or ITR-3
Income earned from the sale of cryptocurrencies needs to be declared in the Virtual Digital Asset (VDA) schedule. In the income tax return (ITR) parlance, cryptocurrencies are known as VDAs
Is credit card overlimit worth it? Benefits, risks, credit score impact and smart usage tips
Unexpected expenses can strain finances, and the credit card overlimit facility offers short-term spending flexibility. But understanding charges, repayment obligations, and the impact on credit scores is essential for responsible use.
TMPV shares in spotlight after JLRs FY27 outlook, brokerages divided
The stock traded at 361.85 at 2.20 pm on the NSE after touching an intraday high of 366.25.
A Delhi graphic designer earning 80,000 a month asked ChatGPT whether he should quit his job to start a food caf. The AI warned of significant risks but said the business could potentially earn up to 3 lakh a month.
Max Healthcare shares jump over 6% after Citi reiterates buy
Max Healthcare is preparing for a long haul and is expected to deliver improvements in its balance sheet and return on capital employed (RoCE) despite pursuing an aggressive expansion strategy
New tax regime: 5 tax-saving benefits salaried employees should not miss
The new tax regime has eliminated many popular deductions, but a few important tax-saving provisions remain for salaried employees. From the higher standard deduction to employer NPS contributions, here's what taxpayers can still use to reduce their tax liability.
Can your stock losses be denied? ITAT ruling in Dolly Khannas 54 crore tax case offers clarity
The ITAT has ruled that transaction volume alone cannot determine whether a taxpayer is an investor or a trader. The decision came in a dispute over Dolly Khanna's claim for a 54.23 crore stock market loss.
ADIA, Aberdeen Group, others buy 7.3% stake in Corona Remedies for 777 crore
Following the stake purchase, shares of Corona Remedies rose nearly 3 per cent on Thursday to trade at 1,840 apiece on the National Stock Exchange (NSE).
Income-tax returns: Filing ITR-4 form? Here's what proof you need to claim deductions
Income-tax returns: Taxpayers filing their returns with the ITR-4 or Sahaj online form need to submit the following documents as proof in order to claim deductions under Sections 80C, 80D, 80U, 80E, and 80GG, among others.
The India-UK trade pact is set to come into force on 15 July, while India and the EU are aiming to conclude their landmark deal by the end of 2026. But what do these trade deals mean for Indian consumers? Here's a look at the products that could get cheaper.
Reits are having a moment. Should they be in your portfolio?
Reits outperformed equities and bonds over the past year, but falling-rate tailwinds may fade. Here's how experts view their role in an investor's portfolio.
Gold imports drop 70% to 30 tonnes after duty hike: Official
However, in value terms, Indias gold imports rose by 34% year-on-year to $3.41 billion in May, driven by higher prices of the precious metal
Sensex, Nifty advance cautiously amid IT sell-off, gains in defence, banking stocks lend support
Investor sentiment remained supported by lower oil prices after progress in the US-Iran peace process, which has lifted the markets in the last four sessions
Gujarat Gas gets NSE, BSE nod for listing of 62.27 crore shares; stock in focus
The share allotment was carried out pursuant to the composite scheme of amalgamation and arrangement involving GSPC, GSPL, GSPC Energy Ltd, Gujarat Energy Ltd and GSPL Transmission Ltd.
HFCL shares soar after securing 2,666 cr BharatNet Phase-III contract from RVNL
The stock rose as much as 4.6 per cent to 198.90 on the NSE after the company announced that it had secured a major contract from Rail Vikas Nigam Ltd (RVNL) for the BharatNet Phase-III project.
PPF vs SIPs: Planning your long-term investments? Take a look at how much corpus is generated from an investment of 2,000 per month for 30 years with the public provident fund and in mutual funds through systematic investment plans.
India-UK FTA optimism lifts Gokaldas, Radico Khaitan, Avanti Feeds shares
Investor sentiment was buoyed by the prospect of lower import duties and enhanced market access under the trade pact, which is expected to benefit companies across textiles, footwear, marine exports and alcoholic beverages.
NSE appoints record 20 merchant bankers for 30,000 crore IPO; mega issue to be entirely OFS
The offer will be an Offer for Sale, with existing shareholders selling shares, while NSE targets one of Indias largest public listings.
New ITR forms for AY 2026-27: Key changes taxpayers should know
From expanded ITR-1 eligibility to new disclosure requirements, several changes have been introduced in the revised forms. These updates could affect how taxpayers report income, capital gains and deductions.
Vehicle loan repaid? Here's how to remove hypothecation from your RC: Step-by-step guide
Removing hypothecation from your RC is the final step to securing full ownership of your vehicle. Here's how to obtain Form 35 and a bank NOC, applying through the Vahan portal, required documents and fees involved.
Does your credit score affect Visa approval? Everything you need to know
Planning overseas travel requires financial readiness. Understand how a credit score affects visa approval, reflects money management habits, and supports a stronger visa application. On a fundamental level, keep in mind that healthy financial habits are always beneficial in the long-run.
FILA Group sells 7% stake in DOMS Industries for 934 crore
Meanwhile, SBI MF and Axis MF increase their holdings in DOMS Industries by purchasing a combined stake of 2.13% for 285 crore
EPFO announces PMVBRY events in Nagpur, Chandrapur; 2,400 crore benefits soon
Big employment boost ahead as PMVBRY benefits reach Nagpur and Chandrapur, supporting job creation, formal workforce growth, and social security through EPFO-led incentive disbursement events. Check out complete details to understand the salient features.
Rupee falls 21 paise to 94.71 against US dollar in early trade
On Wednesday, the rupee appreciated 10 paise to close at 94.50 against the US dollar
EPFO: EPF members can check their employees provident fund balance through the official website, text SMS or the Umang app. Here's a stepwise guide for subscribers about how to use each available method
Telangana raises DA for power sector staff; over 70,000 employees to benefit
Telangana government hikes DA for power sector staff to 19.272%, benefiting 70,804 employees, pensioners and artisans. The revised allowance aims to ease rising living costs across the states electricity utilities. Here are the complete details.
8th pay commission: We answer how you can submit data online for the 8th CPC panel's consideration and what is the last date to complete the process. Here are answers to some of the frequently asked questions
As the US and Iran deal boosted market confidence, gold and silver prices climbed on Thursday. Gold and silver prices varied slightly across key Indian cities. Check 22K, 24K, 18K gold & silver price in Mumbai, Delhi, Kolkata and other cities here.
West Bengal Chief Secretary Manoj Kumar Agarwal debunked social media posts that claimed a 22% DA hike for state government employees and pensioners would be effective from 1 July and triggered much speculation online.
Sensex today | Stock Market Live: Stock to buy today: Hyundai Motor India
Sensex, Nifty, Share Prices LIVE: The stock of Hyundai Motor India has been appreciating since early April after witnessing a considerable decline in the preceding months. Last week, by gaining nearly 4 per cent, it broke out of a barrier at 1,940 and the price is now above both the 21- and 50-day moving averages.
NSE IPO back on track as exchange files prospectus with SEBI for 30,000-crore issue
Pure offer-for-sale of up to 149 million equity shares likely to be one of Indias biggest public issues of the year
An FCNR account functions as a foreign currency-denominated repository that allows Non-Resident Indians or Persons of Indian Origin to hold their funds securely.
Leapfrog Engineering IPO subscribed 1.28 times on day 1, QIB demand leads surge
The Bengaluru-based EPCC company plans to use proceeds for setting up an assembling unit, working capital needs and general corporate purposes
The Income Tax Department has set different ITR filing deadlines for AY 2026-27 based on income source and audit status. Key dates include July 31 for ITR-1/2, August 31 for ITR-3/4 (non-audit) and October 31 for ITR-3/4 (audit). Penalties apply for late filing.
1.1 lakh on rent, 20,000 on groceries: Indian Man's Poland expense breakdown sparks debate online
An Indian man living in Warsaw, Poland, has sparked a discussion online after revealing how much he and his partner spend each month to maintain a 'comfortable lifestyle'.
Among all lenders, small finance banks dominate the list of top-paying fixed deposits. Suryoday Small Finance Bank and Utkarsh Small Finance Bank are currently offering up to 8.10% on select tenures, making them among the most rewarding choices for depositors.
Sebi's new ETF framework: How will it impact investors? Experts answer
Will ETFs trade closer to their underlying value after Sebi's overhaul? Experts explain what the changes could mean for traders and long-term investors.
The 8th Pay Commission is reviewing attendance rules, with employee unions requesting more flexibility for late arrivals. They propose allowing up to two hours late without penalty, changing the current half-day casual leave deduction for additional late instances.
Form 40: How Indians returning from abroad can defer tax on foreign retirement accounts
Form 40 is suitable for resident individuals in India who hold retirement benefit accounts in certain notified countries, such as the US, UK, Canada, and Australia, and want to avoid immediate taxation in India on income that is not yet actually withdrawn or redeemed.
Can a retiree claim tax credit on spouses fixed deposit? TDS rules explained
Since the interest earned on the deposit is subject to the clubbing provisions, it is not treated as the spouses taxable income. Therefore, they are not eligible to furnish the Form 121 declaration.
Sectoral performance remained mixed, with defence, consumer durables, PSU banks and metal stocks emerging as the top performers
Mutual funds vs PMS: A complete guide to minimum investment, portfolio structure and investor fit
Mutual funds pool money from multiple investors and are generally more accessible and suitable for a wide range of investors. On the other hand, PMS offers a personalised investment experience where portfolios are tailored to an individual's financial goals, risk appetite, and preferences.
Debt funds bought before or after 1 April 2023: Know how the tax treatment changes
For debt funds purchased before April 2023, long-term capital gains apply after 24 months and are taxed at 12.5%, while STCG are taxed as per the income slab. For investments made on or after 1 April 2023, all gains are taxed as per the investor's income tax slab.
Brokers Call: Procter & Gamble Hygiene and Health Care (Long)
Amid muted category growth and rising competitive intensity, the stock has undergone a meaningful de-rating and now trades at 32x/30x FY27E/FY28E EPS
TMPV shares tumble 8% as JLR unveils FY27 growth strategy
JLR said the next phase of its Reimagine strategy will focus on expanding customer choice and strengthening the companys resilience and growth profile
Sensex, Nifty, Share Prices highlights: India's stock benchmarks rose for a fourth consecutive session on Wednesday, their longest winning streak in two months, aided by falling crude oil prices after the U.S.-Iran peace deal.
Why Lionel Messi's career is a masterclass in building long-term wealth | 5 Money habits to follow
Lionel Messi, aged 38, has set a record as the oldest player to score a hat-trick at the FIFA World Cup, leading Argentina to a 3-0 victory over Algeria. He surpassed Cristiano Ronaldo's previous record, showcasing his remarkable skill in his 200th appearance for Argentina.
I want to take a full one-year break from corporate work because I feel professionally exhausted. Is it realistically possible? Here's what ChatGPT said
I asked ChatGPT whether the 50:30:20 budget rule fits my financial situation? It proposed
To budget effectively on a 1 lakh salary with 20,000 liabilities, consider a 55-20-25 rule instead of 50-30-20. Prioritize savings and investments while managing expenses and avoiding overspending through techniques like separate accounts and the 24-Hour Rule.
EPFO: Want to change your EPF account nomination online? Here's how you can a stepwise guide
EPFO: Want to change your employee provident fund account nomination online? Here's how EPF subscribers can use the official website to do so check the stepwise guide here
Silver futures decline to 2.4 lakh/kg
On the Multi Commodity Exchange, silver contracts for July delivery declined by 959, or 0.38% to 2,49,146 per kg in a business turnover of 673 lots.
Cost of free portfolio reviews: Why investors should steer clear of product pitches
Free portfolio reviews may seem promising, but if investors are not mindful, these can easily become an avenue for product pitches that may not fit or make sense for an investors goals or portfolio.
Planning a PF withdrawal? Check these details on your EPFO account first
Errors in service history, KYC details and nominations often go unnoticed for years. A few checks on the EPFO portal can help employees avoid future claim and transfer hassles.
8th pay commission: The panel has planned state visits to Uttar Pradesh, Odisha, and West Bengal to meet with employee representatives and stakeholders. Check the full list of cities and dates in June and July, here.
Sensex, Nifty firm in midday trade, PSU Banks & consumer durables outperform
Market breadth remained positive. Of the 4,187 stocks traded on the BSE, 2,322 advanced, 1,676 declined and 189 remained unchanged.
Trust vs will: which is better for passing on wealth?
A will works for simple estates. But for NRIs, minors, special-needs beneficiaries and multi-jurisdiction assets, a trust can offer greater control, continuity and protection.
Who needs to file an ITR for AY 2026-27? Check the income tax rules
Investors reporting capital gains, taxpayers claiming refunds, individuals seeking to carry forward losses and those holding foreign assets may all need to file a return, even if their final tax liability is nil.
Gold futures drop to 1,52,530/10g
The index gained nearly 4.3% from 27,795.75 recorded on June 12, reflecting improving market sentiment triggered by US-Iran peace deal, softer crude and global market movement.
Dearness Allowance: Maharashtra Transport Minister Pratap Sarnaik announced a 5% DA hike for MSRTC employees last week. Notably, employee unions are demanding payment of DA and HRA arrears. Here's all we know.
Oil-led rally in India bonds runs into profit booking, US Fed guidance awaited
The yield on the benchmark 6.94% 2036 note was at 6.8563% as of 10:30 am, after closing at 6.8651% on Tuesday.
Should you look at the P/E ratio of mutual funds? Here's what experts say
Experts say a mutual fund's P/E ratio should not be viewed in isolation. The metric is most useful when compared with peers, benchmarks and investment style.
Bharat Forge shares steady, defence arm unveils Simha 4x4 armoured vehicle at Eurosatory 2026
The stock was trading at 2,022 on the NSE, marginally higher than its previous close of 2,012.30
Circle rate vs market value: the hidden factor that can make or break your home loan
A property's sale price, circle rate and lender valuation often differ. Understanding the gap can help buyers avoid funding shortfalls, tax surprises and last-minute loan rejections.
Investor sentiment received a boost from the sharp correction in global crude oil prices, which have retreated significantly over the past week
Rupee rises 31 paise to 94.29 against US dollar in early trade
Forex traders said the rupee opened on a positive note as Brent crude has fallen to near $79 per barrel a three-month low as markets price in the reopening of the Strait of Hormuz following the US-Iran framework.
Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Wednesday, 17 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.
Gold extends gains as rate-hike bets ease ahead of Fed verdict
Other precious metals also extended gains, with spot silver rising 0.3% to $70.38 per ounce, platinum rose 0.5% to $1,812.80, and palladium was up 0.3% at $1,355.65.
Riyaasat Lifestyle IPO opens June 18 to raise Rs 30.77 crore
The Ahmedabad-based firm, which sells ethnic wear for men and women, plans to use the proceeds for opening four new showrooms, meeting working capital needs and general corporate purpose
Indias gems and jewellery exports decline 2.49% in May amid high gold prices
Gold jewellery shipments fell sharply, while cut and polished diamonds, lab-grown diamonds and silver jewellery exports recorded growth during the month.
Reliance Jio IPO: Draft papers for $4 billion issue may be filed soon
Reliance Jios potential IPO move is expected ahead of Mukesh Ambanis annual shareholder address, though the development has not been independently confirmed
Sensex today | Stock Market Live: Stock to buy today: Mahanagar Gas
Sensex, Nifty, Share Prices LIVE: The short-term outlook has turned bullish for Mahanagar Gas. The rise on Tuesday has taken the share price well above the 200-Day Moving Average (DMA). It also confirms an inverted head and shoulder pattern on the chart. The price action shows that the momentum is gaining.
When should you exit a mutual fund? Watch these 5 warning signs
A weak year alone is not a reason to sell a mutual fund. But persistent benchmark underperformance, style drift and rising risk levels may signal deeper problems. Here are five indicators investors can use to determine whether a fund still deserves a place in their portfolio.
