33 C 
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
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
Top 5 money market funds based on 1-year returns: Union Money Market Fund leads with over 6% return
Money market funds invest in money market instruments with a maturity of up to 1 year. Based on one-year performance, Union Money Market Fund has emerged as the best-performing scheme in the category with a 6.63% return, followed by LIC MF Money Market Fund and Bank of India Money Market Fund.
7 income tax limits every taxpayer should know to avoid notices and penalties
Tax compliance goes beyond filing your income tax return on time. Several provisions under the Income Tax Act, 1961, set limits on cash transactions and high-value financial dealings. Staying within these limits can help taxpayers avoid penalties, scrutiny and unnecessary legal complications.
Smartworks acquires Singapores Workstudio Spaces for SGD 2.47 million
Smartworks Singapore portfolio now spans four operational centres with a combined footprint of approximately 76,000 sq. ft. and seating capacity of over 1,500
Aye Finance AUM jumps 28% to 7,329 crore in Q1 FY27; stock slips 5%
Disbursements for the quarter stood at 1,219 crore, a 22 per cent increase year-on-year, though they declined sharply by 26 per cent compared to 1,655 crore in Q4 FY26
Titan shares hit new highs post Q1 update
Shares climb over 2.5% as the company reports 41% YoY growth, driven by robust jewellery demand and a surge in international business.
Trent shares plunge 11% as Q1 revenue growth disappoints street
The stock opened at 3,080, hit a low of 2,966, and saw heavy selling pressure with sell orders outpacing buy orders by roughly 72:28
Gold futures slip to 1,45,500/10g
On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by 1,417, or 0.96 per cent, at 1,45,500 per 10 grams in a business turnover of 848 lots.
IT stocks power Nifty; Trent crashes 12% as midday trade holds gains
Broader market breadth on BSE remained positive, with 4,158 stocks advancing against 1,516 declines and 2,444 unchanged. A notable 198 stocks hit 52-week highs against 63 at 52-week lows
Dominant market position, strong profitability NSEs key strengths: Jefferies
NSE IPO to complete troika of listed exchanges, a report by Jefferies said
PAN-Aadhaar linking for ITR filing: Why it matters and how to complete the process online
PAN-Aadhaar linking is essential for eligible taxpayers to keep their PAN active and avoid disruptions in tax-related services. Taxpayers with unlinked PANs can complete the process by paying the applicable fee through the e-filing portal.
Todays Gold Rate in India July 7: Gold prices down in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices down across Indian cities on July 7
Our inflation and interest rates now depend more on monsoon than crude oil
With crude prices cooling after the West Asia truce, the monsoonand its impact on food inflationmay become the biggest factor shaping RBI's interest rate decisions in the months ahead.
Health insurance proposal form: Step-by-step guide to filling it correctly and avoiding claim issues
Fill a health insurance proposal form correctly with this step-by-step guide. Understand required details, medical disclosures, nominee information and important checks to avoid claim problems while ensuring smoother policy approval and better financial protection for you and your family.
IndiaUK trade deal to make imported Scotch whisky cheaper: Prices may drop 510% for Indian consumers
The IndiaUK FTA is set to come into effect on 15 July. One of the biggest takeaways for Indian consumers is the gradual reduction in prices of imported Scotch whisky and gin. Under the agreement, tariffs on imported whisky and gin will be cut from 150% to 75% initially and further reduced to 40%.
For AY 2026-27, the earlier Other Exempt Income field in Schedule EI has been removed. In its place, the department has now introduced a new reporting option titled Receipts not in the nature of income.
Kalyan Jewellers stock tumbles 9% despite strong Q1FY27 business update
The stock declined to 348.35 on the NSE from the previous close of 381.25.
Cochin Shipyard shares drop 4% as Government OFS opens at floor price of 1,400
The OFS has a base offer size of 2.52% of the companys paid-up equity capital, or 66.29 lakh shares, with an equal oversubscription option taking the total potential dilution to 5.04%
Rupee rises 15 paise to 95.28 against US dollar in early trade
The positive factor for the Indian rupee was Saudi Arabia slashing Asia oil prices by $11 per barrel in a record cut in the last 26 years
FIIs return, crude eases: Markets open higher with Nifty at 24,453
The Sensex opened at 78,461.16 against its previous close of 78,285.07
Gold and silver prices today, 7 July: 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.
New EPF Scheme 2026: Know withdrawal frequency limits for essential, housing and special needs
Under the EPF Scheme, 2026, withdrawals have been simplified into three categories: essential needs, housing needs and special circumstances.
Under the EPF Scheme 2026, members must submit a fresh nomination after marriage, as earlier nominations become invalid. While nominating a spouse is optional, updating nominations ensures eligible family members receive EPF benefits without delays or legal complications.
Buzzing stocks: Cochin Shipyard, Tanfac, Central Mine, Mamata Machinery
Here are the latest updated for Cochin Shipyard, Tanfac, Central Mine, Mamata Machinery, Zen Tech, Mobikwik, PowerGrid, Varun Beverages, Blue Jet
Sensex today | Stock Markets Live Updates: Stock to buy today: Glenmark Pharmaceuticals (2,270) BUY
Sensex, Nifty, Share Prices LIVE: Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 7th July 2026.
Inside GIFT Citys first physical gold fund: How investors can redeem actual gold bars
The fund is restricted to non-resident investors, including institutions, family offices, and high-net-worth individuals, and is designed as a long-term allocation product with optional physical delivery
The 8th Pay Commission is reviewing salaries, pensions and allowances for central government employees and pensioners, with the fitment factor remaining the key focus. Experts expect it to range between 1.90 and 2.86.
Flipkart launches second ESOP liquidity event, lets employees encash up to 5% of vested stock
The Walmart-owned e-commerce firm has fixed the liquidity price at 713.4 per option, with payouts scheduled for August
A management consultant has shared his investment strategy on Instagram aimed at young investors. Here's a look at how he divides his savings into long-term, medium-term, and emergency fund to achieve financial growth.
Gold loans overtake vehicle loans as top securitised asset class in Q1: Crisil
Gold loans accounted for 31% of securitisation volumes, driven by strong NBFC portfolio growth and healthy investor demand
A 14.65 lakh CTC does not necessarily mean you have to pay income tax under the new tax regime. With the right salary structure, employer contributions to EPF and NPS, and the standard deduction, your taxable income can be brought down to 11.99 lakh, making you eligible for zero tax liability.
Mutual funds holding cash: Is high cash balance a red flag for investors? Experts explain
Experts suggest that cash holdings should be viewed as a portfolio management tool rather than a buy-or-sell signal. A fund's investment philosophy, portfolio quality, and long-term performance remain far more important than a single percentage shown in the monthly factsheet.
EPF vs Labour Codes: If basic pay must be 50%, why is PF capped at 1,800?
Payroll rules are changing in India as EPF vs labour codes reshape salary structures and PF calculations. While basic pay norms rise, EPF contributions remain capped at 1,800, impacting take-home pay and retirement planning choices.
Are super top-up plans becoming redundant?
While stacking policies was once the ultimate cost-saving hack for medical emergencies, a shifting market has quietly changed the math for policyholders.
The 8th pay commission has multiple state visits and other meetings scheduled in July 2026, with plans for more consultations with employee groups, unions and stakeholders across states and union territories in due course.
Sensex jumps 521 points, Nifty closes above 24,400 on banking, realty gains
Sensex and Nifty have gained over 2% in the last four trading sessions
Rupee slips 20 paise as stronger dollar offsets gains from lower crude prices
While positive domestic equities, lower crude oil prices and renewed foreign investor inflows offered support, expectations of another US rate hike kept the dollar firm
Rupee hits three-week low as firmer dollar, NDF maturities pinch
The rupee closed at 95.3950 per dollar, down 0.2% on the day
Sensex today | Stock Market Highlights: Sensex jumps 521 points, Nifty closes above 24,430
Sensex, Nifty, Share Prices Highlights: The Sensex rose 521.16 points (0.67%) to close at 78,285.07, while the Nifty gained 159.50 points (0.66%) to end the day at 24,430.35.
Buying health insurance? One overlooked document can tell you what brochures wont
Irdai-mandated product-wise NL-47 disclosures reveal claim settlement, complaint rates, renewals and more, helping buyers compare health insurance plans beyond brochures and marketing claims.
Employee groups are demanding merger of Dearness Allowance with basic pay to increase monthly salary. Here's what the Finance Ministry has clarified about higher basic pay, changes to salary structure and DA
Gold slips 150, silver drops 5,000 as strong US dollar dents bullion demand
Traders said the market remained range-bound as investors balanced lingering geopolitical risks in West Asia against a stronger greenback and expectations surrounding the US Federal Reserve's monetary policy.
Gold drops 30%, silver plunges 54% but history shows 2026 correction isnt the deepest yet
Gold and silver have fallen sharply from their record highs in 2026, with gold down about 30% and silver by 54%. However, historical cycles show the current declines are not the deepest, and the time correction is still pending.
EPFO's 1,800 EPF contribution cap explained: Who benefits more employees or employers?
The EPF Scheme, 2026 introduces clearer guidelines on provident fund contributions, capping mandatory payments at 1,800 monthly. While employees benefit from increased take-home pay and flexibility, they may risk a smaller retirement fund if they don't opt for additional voluntary contributions.
Why balanced hybrid funds are back in focus
A balanced hybrid strategy aims to keep the equity-debt allocation closer to a 50:50 mix, providing more stability and limiting downside risk.
How to spot fake websites: PIB Fact Check lists 5 warning signs to watch for
PIB Fact Check suggests that users should verify the URL, ensure the site uses HTTPS, look for the padlock icon, avoid websites with excessive pop-ups or clickbait, check the contact and about pages, and avoid offers that appear too good to be true.
Senior citizen FD rates in July 2026 offer returns of up to 8.50%, with small finance banks leading the market. Compare fixed deposit interest rates, tenures and bank-wise offers across 13 lenders to find suitable options for predictable returns.
Tax credit mismatch in ITR? Here's how to check and fix it before your refund is delayed
A tax credit mismatch occurs when the tax credit claimed in your ITR does not match the records available with the Income Tax Department. It can delay refunds, lead to tax notices, or result in additional tax demands.
ESIC extends Atal Beemit Vyakti Kalyan Yojana till June 2027: Who can claim unemployment benefits?
Atal Beemit Vyakti Kalyan Yojana (ABVKY) under ESIC has been extended until 30 June 2027, allowing eligible ESI-insured employees to continue receiving temporary unemployment allowance during job loss and financial hardship.
Aastha Spintex debuts below IPO price, remains under offer level
Aastha Spintexs muted listing does not overshadow the companys strong financial turnaround, an analyst said
Gold eases from two-week high as firmer US dollar weighs
JP Morgan sees gold averaging $4,300/oz in Q3 2026
Ather Energy said to be planning $200 million share sale
The fundraising would provide additional capital to expand manufacturing capacity, scale the companys retail network and invest in new products
HDFC Bank shares jump 3% on strong Q1FY27 business update
Period-end deposits stood at about 31,70,500 crore as of June 30, 2026, compared with 27,64,100 crore a year earlier, reflecting a growth of around 14.7 per cent y-o-y
Investing apps demand scrutiny: Why choosing the right platform is about more than pricing
Smart investing apps promise convenience, but they demand scrutiny. From transparency in fees to clarity in advice, investors must research carefully, verify SEBI registrations and treat apps as tools, not decisionmakers, to avoid costly mistakes.
A 30 lakh annual salary doesn't mean your entire income is taxed at 30%. After the 75,000 standard deduction under the new regime, slab-wise taxation, and a 4% health and education cess, the total tax liability comes to 475,800, resulting in an effective tax rate of just 15.86%.
Rupee falls 10 paise to 95.28 against US dollar in early trade
Forex traders say RBI may use fresh foreign inflows to rebuild its reserve position rather than allowing the rupee to strengthen too much
