30 C 
Banks may rush to tap short loans abroad
Bankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) clients after the Reserve Bank of India advanced the deadline for swap support. These funds will have to be replaced with a long-term loan or bond later, leading to a temporary mismatch between banks' foreign deposits and borrowings.
NBFCs seek RBI rethink on revolving credit curb
Senior representatives of some of the country's largest NBFCs met on August 14 to discuss the issues they intend to raise with the RBI. The lenders will make a formal representation through the Finance Industry Development Council, the industry body representing NBFCs, this week, according to the people.
No need for fresh capital for five years: Shriram Finance CEO Parag Sharma
Parag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and maintain 8.5% margins, without having to raise capital every few years to expand its asset base.
The next frontier in finance is not a bank. It is the machinery beneath it
The financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments are surging, showcasing a strong shift toward online transactions. However, institutions grapple with legacy systems and fragmented data. As global account ownership climbs, theres a pressing need for speed and security in financial systems. The future hinges on leveraging AI and building robust infrastructures for continued growth and innovation.
RBI moves to distance self from bank deposit ratings
The Reserve Bank of India has instructed rating agencies to refrain from categorizing it as the regulator overseeing bank deposits. This recent directive raises the possibility that these credit assessment organizations may halt the evaluation of bank deposits entirely. With threats of deposit outflows and potential bank instability stemming from any downgraded ratings, the landscape of retail deposit reactions remains mixed.
Covert Mideast oil flows are keeping global prices in check
The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto tankers in the Gulf of Oman is running at full tilt, despite recent attacks on vessels, people with knowledge of the shipments said
Only two dividend yield funds delivered over 10% returns in the last one year, while some others lagged significantly. Differences in equity allocation, portfolio holdings and expenses contributed to the wide gap in returns across the category.
Govt sets LPG production targets for refineries amid West Asia crisis
The oil ministry has for the first time fixed LPG production targets for 21 refiners and upstream firms, totalling 63,810 tonnes daily, after the West Asia war disrupted India's cooking gas imports.
Equity MF redemptions jump nearly 40% despite strong SIP inflows
Investors cash in on market recovery and rotate funds into mid- and small-cap schemes despite elevated valuations
A 100% equity portfolio delivered better long-term gains, but the picture changes when volatility enters the equation. Data spanning 20 years show how a fixed-income instrument and a 50:50 mix compare in terms of risk-adjusted performance, revealing a different side of portfolio returns.
Ladli Behna Yojana: Beneficiaries of the Ladli Behna Yojana are set to receive their 39th direct benefit transfer installment of Madhya Pradesh's flagship financial assistance scheme for women this month.
Before purchasing health cover, there are several straightforward questions you should ask. What does the policy cover and how much does it cost? How many claims does the insurer pay? Do customers frequently complain about the product? Is the buying process simple for first-time customers?
A 1 lakh investment in the Nifty 100 TRI went through some of the markets biggest shocks before reaching to 34.46 lakh today. The journey spans the 2008 crisis, Covid crash and other sharp corrections, highlighting the role of patience in long-term investing.
West Asia developments, Fed minutes set to shape bullion's next move: Analysts
On the domestic front, gold futures for October delivery climbed 2,686, or nearly 2%, last week to close at 1.54 lakh per 10 grams on the Multi Commodity Exchange (MCX)
Motor Insurance: Why Own Damage cover matters during monsoon and the add-ons you should know
An Own Damage policy can cover exterior and structural damage, including dents and smashed body panels caused by uprooted trees, falling poles or other objects
Taxpayers are increasingly being targeted by emails and websites that appear to be linked to the Income Tax Department. From suspicious links to requests for sensitive details, here are the key warning signs to watch for and the steps taxpayers can take to stay safe.
Immersive media gains momentum in India
While AR and VR offer new opportunities for audience engagement, monetization remains a challenge because of high equipment costs and legal hurdles.
The 8th pay commission recently concluded its four-day session in Delhi between 7 and 10 August and has scheduled meetings in Chandigarh, Chennai, Jaipur, Mumbai and Puducherry in August and September.
Govt push, LIC mega deal push OFS fundraising to all-time high
OFS fundraising has hit a record high in 2026, led by LIC's mega stake sale, but more than half of issuers have delivered negative returns over the past year
West Asia developments, Fed minutes to shape bullion's next move: Analysts
Gold and silver prices are expected to remain positive next week, although elevated volatility is likely to persist amid developments in West Asia and key global economic data, analysts said. Market participants will track US housing and trade data, inflation figures from the UK, Eurozone, and Japan, as well as China's economic indicators for cues on industrial metals. The minutes of the Federal Reserve's FOMC meeting will also be watched for signals on the US Central bank's monetary policy outlook, they added. The outlook for gold and silver remains positive and are expected to move up towards Rs 1.57 lakh per 10 grams and Rs 2.54 lakh per kg level, Pranav Mer, Senior Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the domestic front, gold futures for October delivery climbed Rs 2,686, or nearly 2 per cent, last week to close at Rs 1.54 lakh per 10 grams on the Multi Commodity Exchange (MCX). MCX silver for September contract gained Rs .
Mutual fund distributors are evolving beyond helping investors select schemes. SEBI's Amarjeet Singh highlights their role in guiding investors through market volatility, expanding mutual fund access and adapting to new opportunities
Health Insurance claims: 6 common reasons insurers deduct money from your settlement
Understanding these common reasonsand challenging deductions that lack clear justificationcan help consumers effectively dispute unfair cuts and secure a better outcome
Two houses and a share sale: Can an HUF transfer help claim 54F exemption?
To claim Section 54F exemption while selling shares, one can potentially gift one property to an HUF. The property remains legally owned by the individual, with income categorized accordingly.
Geraldine Weisss dividend strategy: The blue-chip investing formula that stood the 'Test of Time'
Geraldine Weiss built a disciplined value-investing strategy around buying financially strong blue-chip companies when their dividend yields rose above historical norms. Her approach combined reliable dividend growth, reasonable valuations, moderate debt and patience to generate income and identify undervalued stocks.
The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 offers eligible taxpayers a one-time window to disclose foreign assets and income. Heres what you need to know about the specific eligibility rules, disclosure limits, deadlines, and payment conditions.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended last week lower amid range-bound trading, with broader markets also under pressure. Analysts identified four key factors that could drive Dalal Street this week, placing Nifty support at 24,200-24,230 and resistance at 24,500-24,550.
Shah Rukh Khan, Madhuri Dixit and Sachin Tendulkar are among investors in Purple Style Labs, the parent of Pernias Pop-Up Shop, which is gearing up for a 660 crore IPO by August-end. The company has received Sebi approval and has expanded from an online platform into physical retail, with 14 Experience Centres across India and London.
Indias Russian crude imports hit record high in July
Analysts and refiners emphasised that Moscow has transformed into New Delhis strongest energy security hedge, particularly since the closure of the Strait of Hormuz (SoH)and growing disruptions in the Bab-el-Mandeb strait
Don't let your cash idle in savings account: How excess savings can quietly shrink your wealth
Salaries, performance bonuses, and extra earnings flow into an account month after month, causing the balance to swell quietly. Because investing feels intimidating or easy to postpone, several lakhs often end up sitting dormant over time
West Bengal is launching the Ayushman Bharat scheme, covering 1.5 crore families today. Here's all you need to know about how many hospitals are participating, eligibility, benefits, documents needed and stepwise guide on how to apply.
Taxpayers may receive defective return notice from the income tax department if they provided incomplete or inconsistent information in their ITR. Here's how to respond to such a notice and the applicable deadline.
50 lakh to 2 crore FD: How much annual income can you earn at 6%, 7% and 8% in 2026?
A 50 lakh to 2 crore fixed deposit can generate substantial annual income in 2026. Compare FD returns at 6%, 7%, and 8%; Check and understand senior-citizen rates, taxation, deposit safety, and key factors before investing.
Five Top Firms Lose Rs 1 Lakh Cr Market Cap; TCS Hit Hardest
The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.
Why Goldman Sachs thinks there may be an earnings bubble in tech?
Report says while technology valuations have moderated, implied future growth has been rising
Explained: Trump says will soon declare Strait of Hormuz US territory
The impasse has kept energy prices as a major focus of US politics ahead of Novembers midterm elections.
Over 85 lakh pensioners under EPS-95 rely on monthly pensions. However, the payments will only keep coming if you stay compliant with the rules and requirements. Here's what to do to avoid pension payment disruptions.
Rakesh Jhunjhunwala, the legendary
Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; TCS takes biggest hit
Last week witnessed a drastic shift in the market, with five leading Indian firms losing a collective Rs 1 lakh crore in valuation. Tata Consultancy Services faced the brunt, seeing its market cap plummet the most. In contrast, five other companies thrived, experiencing notable valuation gains. Despite this volatility, Reliance Industries sustained its position as the most valuable domestic entity amidst the overarching bearish trend in equities.
9 Sensex stocks with up to 41% upside potential. Are these in your portfolio?
Nine Sensex stocks offer a potential upside of 20% to 41% over the next 12 months, based on average analyst targets compiled by Trendlyne. HDFC Bank leads the list, followed by Axis Bank, Reliance Industries and NTPC.
An NRI living in the US faced a tax notice for unexplained funds used to buy a Mumbai flat using funds from his NRE account. Here's what happened next.
5 Health insurance traps to avoid: From cashless cover and room rent limits to hidden exclusions
Health insurance can protect savings from rising medical costs, but hidden exclusions, room-rent limits, sub-limits and incomplete disclosures can reduce claims. Check out these five common health insurance traps and learn how to choose coverage that offers meaningful financial protection.
PPFAS Mutual Fund among 6 MFs holding over Rs 10,000 crore in cash in July
Mutual funds raised their cash holdings by Rs 7,856 crore to Rs 1.90 lakh crore in July, recovering from a 19-month low in June. PPFAS held the most cash at Rs 25,291 crore, followed by SBI and HDFC Mutual Fund.
India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus
India could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a research report. Services will become the principal engine of economic expansion, growing significantly. Proposed reforms span multiple sectors, including capital markets and human capital. Successful execution across many fronts will determine achieving this ambitious economic milestone.
9 penny stocks surge up to 325% in 2026 so far; 3 turn multibaggers. Did you own any?
Indian Bank plans to garner $400 million via ECB this week: MD Binod Kumar
Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand. The Reserve Bank of India has already closed its concessional swap facility early. These efforts support the bank's business growth and digital initiatives.
In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it crucial for investors to hold shares prior to these dates for eligibility in corporate actions. Notably, companies like Bandhan Bank and LIC Housing Finance are part of this corporate movement, which includes dividend payments, bonus issues, and stock splits, reflecting significant adjustments across the market.
Mcap: 5 of top-10 most valued firms lose 1 lakh cr; TCS drops most
Market valuation of TCS slumps 34,263.28 crore to 8,53,506.85 crore
Mutual fund NFOs: 8 new funds to open for subscription this week. Check key details
Eight new mutual funds are set to open for subscription this week, with five launching on August 17. The NFO lineup spans fund-of-funds, multi-asset, flexi-cap, healthcare, silver ETF and debt categories, with minimum investments ranging from Rs 100 to Rs 5,000.
Govt sets LPG production targets for refiners; Reliance gets largest quota
The lion's share of the planned output has been set from Reliance Industries Ltd's older refinery, which would have to produce up to 18,000 tonnes a day of LPG
The EPFO has simplified withdrawal rules, allowing members to access a major chunk of their PF for emergencies like unemployment, medical needs, education etc. Full details here.
IPOs ahead: Heres what to know as 6 companies eye nearly 5,600 cr next week
The upcoming issues follow the launch of five IPOs in the past week, while three companies had already tapped the market earlier this month
FPIs pour 16,621 crore into Indian equities in first half of August
FPIs had withdrawn 49,340 crore in June, 32,963 crore in May, 60,847 crore in April and a massive 1.17 lakh crore in March
Will Sensex, Nifty continue to bleed on Monday? 4 factors which will drive D-Street action this week
Indian equities are likely to remain range-bound in the week of August 1721, with elevated crude prices, global uncertainty and shifting US Fed expectations keeping investors cautious. Sensex fell around 500 points and Nifty 205 points last week, while broader markets declined further. Analysts highlight four key factors that could drive Dalal Streets direction this week, including crude prices, global cues, inflation risks and geopolitical developments.
IPO wave: six companies eye nearly Rs 5,600 cr next week
Anticipation is high in the primary market as six firms prepare to launch IPOs this week, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart. With an increase in public issues, these companies aim to secure funds for growth and development. Following several recent market activities, this wave of IPOs could significantly enhance the total listings for the year.
Physicswallah among top 5 smallcap stocks facing highest mutual fund selling in July
Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance and Physicswallah were the other major names on the list, according to Motilal Oswal Financial Services. Monthly shareholding changes ranged from a 10.5% decline to an 8.5% increase.
Geopolitical developments, crude prices likely to move markets this week
Trading activity in the stock market this week will depend on the developments surrounding the Strait of Hormuz, the USIran standoff and crude oil, analysts said. With the quarterly earnings season now over, investors would also monitor the trading activity of foreign investors, experts added. Developments surrounding the Strait of Hormuz and the trajectory of Brent crude will remain critical market drivers in the near term. With the earnings season behind us, the coming week will be relatively data-light, with investors likely to focus on global monetary policy expectations, crude oil prices and geopolitical developments, Ajit Mishra SVP, Research, Religare Broking Ltd, said. Globally, the FOMC (Federal Open Market Committee) minutes will be closely watched for signals on the Federal Reserve's policy outlook. Any indication of a more hawkish stance could weigh on emerging-market flows and increase volatility in Indian equities, he added. Investor attention in the coming week i
How to decode your health insurance claim settlement letter
From reasonable and customary charges to consumables and proportionate deductions, heres what policyholders need to know when insurers cut claim payouts.
Indian equities may stay supported by a resilient domestic economy, but future returns are likely to depend more on earnings growth than valuation re-rating, says Pawan Bharaddia of Equitree Capital Advisors. He sees alpha opportunities in select small and microcaps, especially those with a 1,0005,000 crore market cap, while largecaps offer better stability and earnings visibility.
8th Pay Commission: From 55 to 18,000, how minimum basic pay changed across 7 Pay Commissions
The 8th Pay Commission could reshape Central government salaries, with employees seeking higher basic pay and fitment factors. Here is how minimum basic pay rose from 55 under the 1st Pay Commission to 18,000 under the 7th.
Zinc Rally: What's drivingprices to record highs and what lies ahead?
Zinc prices have escalated to their highest levels in years on international markets, fueled by supply interruptions and dwindling stockpiles. The robust industrial need, particularly for galvanized steel, is sustaining these elevated prices. Currently, the global zinc market is experiencing a minor shortfall, a trend likely to endure. Looking ahead, growth in demand remains positive, supported by ongoing urbanization and significant infrastructure projects.
Equity mutual funds delivered up to 6% return last week. Check top 5 gainers
Equity mutual funds delivered returns of up to nearly 6% during August 1015, led by international schemes. Invesco IndiaInvesco Global Consumer Trends FoF topped the list with 5.59%, followed by Nippon India Taiwan Equity Fund at 5.49%.
AI, data centres and jobs: Is India entering a new growth era? | On the beat podcast | Part 03
Indias growth story intact? Experts decode jobs, demand and consumption.
Income Tax Calendar 2026: 8 Key tax deadlines from August to December every taxpayer should know
Income Tax Calendar 2026 highlights key ITR filing, advance tax, tax audit, TDS and belated return deadlines from August to December. Know the important dates for AY 2026-27, understand revised return rules and plan tax compliance.
FAST-DS 2026 opens on August 16, allowing eligible taxpayers to disclose certain undisclosed foreign assets and income until December 31. For the first category, a 1 crore declaration can attract 30 lakh tax plus an equal additional amount, taking the total payment to 60 lakh.
It is vital to update nominee details after major life changes to align your previous choice with your current wishes and also prevent complications for legal heirs later if they want to claim the assets. Here's when you should consider updating it.
Gift from parents to married daughter: Is it tax-free? Know tax on interest, rent and capital gains
A gift from parents to a married daughter is generally tax-free under the Income-tax Act, 2025. However, interest, rent, dividends and capital gains earned from gifted money, property or investments may be taxable separately.
Indias chip startups struggle to fund leap from design to commercial production
Indian semiconductor and physical-AI companies raised $523.3 million across 44 deals in 2025, up from $114.4 million across 48 deals in 2024, according to Tracxn data reviewed by Mint. They raised another $193.3 million across 26 deals through 10 August this year.
Tale of two crypto routs, and why no one saw them coming
A president's crypto fortune and a broken wallet expose what the small saver is not able to see.
Bank holidays this week: Banks across India will be open for 4 to 5 days this week but digital banking services are available 24/7 for customers irrespective of bank holidays. Check dates on bank holidays as per RBI calendar.
From managing utility bills, recurring subscriptions and financial services, Gen Z's financial habits show they are a generation that has grown up with digital payments at its core. Here's a look at what they spend their salaries on
Bullion Cues: Prices could soften
Traders can initiate fresh shorts
Crude Check: Set to consolidate
Key levels are 7,400 and 8,000
A process of trial and error and self-learning led this investor from 5 lakh portfolio to 1.30 crore over a seven-year period, he shared online. Here's how the investment journey went
Tata AIA rejected a 1 crore life insurance claim from a widow, alleging nondisclosure of prior insurance issues.
Tier-2, Tier-3 cities account for 53% of India's forex demand: Report
Tier-2 cities contributed 41%, while Tier-3 cities accounted for another 12%
8th pay commission: Full recommendations to come in May 2027? Here's how the timeline works
8th pay commission: We can expect an announcement of the full list of recommendations sometime near May 2027 after completion of discussions with stakeholders and employee groups. Here's a look at how the timeline works
FCNR deposits explained: Can they help stabilise the rupee? | On the beat podcast
Why global investors still cant ignore India.
Crude oil, rupee & FPI outflows: Why experts say India is still resilient | On the beat podcast
How is India navigating crude oil volatility, a weakening rupee, and foreign capital outflows?
Key demands by the BMS include hike in variable DA, a minimum monthly wage of 30,000 for unskilled workers, job security for contract workers, higher pensions and increased wage ceilings for EPF and ESLI schemes.
Nxt-Infra Trust consolidated net profit rises 71.83% in the June 2026 quarter
Sales rise 7.62% to Rs 87.23 crore
Oriental Infra Trust consolidated net profit rises 14.42% in the June 2026 quarter
Sales rise 7.89% to Rs 614.15 crore
Mercantile Ventures reports consolidated net loss of Rs 0.65 crore in the June 2026 quarter
Sales rise 9.25% to Rs 23.03 crore
DSP Finance Pvt consolidated net profit declines 28.36% in the June 2026 quarter
Sales rise 52.24% to Rs 144.98 crore
THDC India consolidated net profit rises 103.94% in the June 2026 quarter
Sales rise 50.20% to Rs 1609.36 crore
Sales reported at Rs 0.01 crore
Sales decline 1.56% to Rs 11097.77 crore
Thakkers Developers consolidated net profit rises 597.92% in the June 2026 quarter
Sales rise 104.45% to Rs 18.38 crore
Jindal Poly Films consolidated net profit rises 192.92% in the June 2026 quarter
Sales decline 23.84% to Rs 695.80 crore
Sales rise 8.76% to Rs 845.19 crore
Purva Sapphire Land Pvt reports standalone net loss of Rs 0.09 crore in the June 2026 quarter
Reported sales nil
