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Nifty gives up morning gains by midday; Bank Nifty outperforms as IT, metals drag
Analysts see the 24,05024,070 zone as crucial support for the Nifty, with upside capped near 24,30024,320 unless fresh triggers emerge
SBI Funds Management IPO fully subscribed by midday on Day 2, NIIs lead demand
Supported by steady mutual fund inflows and record SIP investments, SBI Funds Management will close its IPO on July 16 ahead of its July 21 market debut
Can GST officers issue a fraud notice without proof? Madras HC explains
The Madras High Court has ruled that GST officers need not conclusively establish fraud before issuing a notice under Section 74 of the CGST Act. The judgment clarifies the legal threshold for invoking fraud proceedings under the GST law.
A June 2026 report by Planera found that replacing workers in professions such as nursing, construction and home care with AI and robots would cost employers several times as much as paying wages to human workers.
Govt bonds gain as soft US inflation cools Fed rate hike bets
The benchmark 6.94% 2036 bond yield was at 6.7703% as of 10:40 am, after ending at a three-week high of 6.7945% in the previous session.
Q1 Results Today, 15th July 2026 Live Updates: Catch live updates
Kusumgar shares jump over 48% above IPO price after market debut
Stock lists at sharp premium on NSE and BSE
Income Tax: Can a third-party document alone lead to a tax demand? ITAT says no
A Delhi ITAT ruling has clarified that the Income Tax Department cannot make tax additions solely on the basis of a loose sheet recovered during a search on another person. The department must back such claims with independent evidence proving the alleged transaction actually took place.
Rupee Rises 5 Paise to 96.11 Against US Dollar in Early Trade
On the domestic equity market front, stock markets rebounded in early trade with the Sensex rising 553 points to 77,603.57 and the Nifty up 148.15 points to 24,198.40.
Why disclosure alone cannot prevent the next corporate fraud
Corporate frauds continue to emerge despite tighter disclosure norms. The real challenge is not the quantity of information, but whether it reflects economic reality and is effectively verified.
Tata Elxsi shares hit 52-week low as margin miss weighs on sentiment
Brokerages highlighted a sharp margin contraction and uncertainty in key business segments.
Filing ITR with crypto investments: Common reporting mistakes that could trigger tax scrutiny
Crypto investors should avoid common ITR filing mistakes such as assuming the 1% TDS is the final tax, skipping transaction reporting, using the wrong ITR schedule, incorrectly calculating gains and failing to reconcile TDS with Form 26AS and AIS.
LTTS shares up 4% as Q1 profit and revenue rise, Anthropic partnership
The companys consolidated net profit for the quarter ended June 2026 rose 12.9 per cent y-o-y to 357.1 crore from 316.1 crore
IT stocks drag Nifty lower as Financials, Aviation offset losses; markets open mildly positive
TCS leads losses on the Nifty 50, falling 50.60 or 1.76% to 2,150
DeepSeek is preparing for IPO filing as soon as this year
DeepSeek has been at the heart of Chinas effort to compete globally on AI.
EPFO VISHWAS 2026 explained: Who is eligible for lower PF penalties? All FAQs answered
EPFO's VISHWAS 2026 scheme allows eligible employers to settle pending PF damages disputes at concessional rates. Check who can apply, lower penalty rates, eligibility conditions and the six-month deadline.
Paid taxes abroad? Here's how Form 67 helps claim foreign tax credit in India
Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.
Gift Nifty points to flat opening; earnings, global cues to drive markets today
Investor focus has shifted to the earnings season, with global cues and easing oil prices expected to drive market sentiment
Stocks to watch: Why these 16 shares will be in focus today
L&T Tech, Hero MotoCorp, ICICI Lombard, J&K Bank, KEC International, Lemon Tree Hotels, Kirloskar Brothers, Vraj Iron, 3i Infotech and more are expected to remain in focus today
Sensex today | Stock Market Live: Stock to buy today: Caplin Point Laboratories
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Caplin Point Laboratories. The stock has been consolidating within its broader uptrend for more than two weeks between 2,500 and 2,700. We expect the stock to make a bullish breakout above 2,700 and resume the broader uptrend.
Mylan exits Biocon, sells entire 5.64% stake for 3,679 crore via block deals
Several institutional investors, including mutual funds, insurers and foreign funds, bought Biocon shares on the NSE
Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.
Q1 Results Today, 14th July 2026 Updates: Follow latest Q1 updates from businessline here
Annapurna Yojana: Haven't you received your payment yet? 8 reasons why
The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.
Same trip, same loss: why was one insurance claim rejected?
In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.
Brokers Call: Bajaj Consumer Care (Add)
Choice Institutional Equities
Cube Highways Trust raises 1,250 cr from investors ahead of IPO
The public issue will close on July 24
Gold rises from two-week low ahead of US inflation data
Spot gold was up 0.6% at $4,023.77 per ounce by 0747 GMT, after touching its lowest level since July 1 at $3,983.29
Honasa Consumer elevates internal strategist to lead Reginald Mens parent company
Shivang Jain, former VP of Corporate Strategy and Chief of Staff at Honasa, will now lead strategic direction and business operations at BTM Ventures
EPS Scheme 2026: 5 key pension benefits for a family every EPF subscriber should know
The Employees' Pension Scheme (EPS) offers financial security to an employee's family through widow pension, child pension, nominee pension and dependent parent pension.
Bodhi Tree Multimedia signs MoU with Tripura government to build digital media ecosystem
The collaboration is framed as a long-term strategic arrangement aligned with Tripuras goal of building a digitally enabled creative economy
Iran jitters, Rupee slide keep Sensex, Nifty under pressure; HCL Tech, HDFC Life lead losses
The Nifty Auto index was the worst-performing sector, down 1.4 per cent
Got a salary hike? Here's what to check before raising your SIP amount
A salary hike is a good opportunity to increase SIP amount, but investors should first review their financial goals, emergency fund and asset allocation. A disciplined annual SIP step-up of 1015% can significantly boost long-term wealth creation.
Gold futures rise to 1,41,612/10 gm on spot demand
On the Multi Commodity Exchange, August gold contracts rose by 1,303, or 0.93%, to 1,41,612 per 10 grams, with a turnover of 1,095 lots
Natco Pharma raises Adcock Ingram stake to 49%, pays 1,060 crore
The transaction was valued at approximately ZAR 1.81 billion, equivalent to around 1,060 crore at the prevailing exchange rate
Check how to apply for a Baal Aadhaar card in 2026, documents required, eligibility, mandatory biometric updates at ages five and 15, enrolment process, and key UIDAI rules.
The quiet edge: saving more trumps the exciting habit of investing better
Work out how much you can save, push that figure a little higher than is comfortable, and only then spend energy on choosing the funds. Simplicity is not a compromise but the whole point. Save a lot, keep the deployment sensible and dull, and let time do the rest, says Dhirendra Kumar.
Bajaj Consumer Care shares fall 10% despite strong Q1 results; analyst downgrades rating
The market reaction seems partly driven by Choice Institutional Equities downgrading the stock from BUY to ADD
TCS to power digital operations at JFK Airports New Terminal One
The IT major will deploy AI-powered passenger processing, baggage handling, cybersecurity and terminal management systems using its Cognix and ignio platforms to improve operational efficiency and passenger experience
Avio Smart Market Stack inks Tripura MoU for freeze-drying plant, targets 1,300 jobs
The project A Freeze-Drying Initiative on Fruits and Vegetables for Tripura aims to create about 1,300 jobs, including 500 direct and 800 indirect positions
Gold allocation rule: Divide your age by 2 to know how much gold to hold in your portfolio
A simple rule of thumb is to divide your age by two to determine the percentage of your portfolio that should be invested in gold. Under this rule, a 30-year-old investor would hold 15% in gold, while someone aged 50 would allocate roughly 25% to the precious metal.
ICICI Prudential AMC shares fall 2% after cost-led earnings miss; analysts stay bullish
Despite the price pressure, brokerages have broadly maintained their constructive stance on the stock
Why investors are shifting to tier-II cities for higher commercial real estate returns
As soaring office rents and land prices push companies beyond India's biggest metros, investors are finding stronger yieldsand new risksin emerging commercial hubs such as Jaipur, Coimbatore and Ahmedabad.
Union Railway Minister Ashwini Vaishnaw has announced that a new and improved IRCTC website will be launched by 15 July. The upgraded portal is expected to deliver faster ticket booking, smoother navigation and several new passenger-friendly features.
Rupee breaches 96 as Trumps Iran escalation sends crude soaring
Currency hits 96.17 intraday, weakest since May 2026, as Brent jumps to $85/barrel
Rupee drops past 96 as oil prices climb on renewed US-Iran tensions
Rupee fell nearly 0.5% to 96.0775, its weakest level since May 22
Iran conflict, crude surge drag Sensex, Nifty lower at open; IT, NBFC stocks lead losses
The selloff followed a weak overnight session on Wall Street, where the Dow Jones Industrial Average fell 0.3 per cent, the S&P 500 lost 0.8 per cent, and the Nasdaq declined 1.6 per cent
Gold and silver prices today, 14 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.
The Hyderabad Income Tax Appellate Tribunal (ITAT) has ruled that a gift from a mother cannot be treated as an unexplained investment by the income tax department if the taxpayer proves the donor's identity, relationship and source of funds.
Q1 Results Today, 14th July 2026 Live Updates: Follow latest Q1 updates from businessline here
Should you subscribe to the SBI Funds IPO? Heres what brokerages say
Despite a valuation of around 38 times FY26 earnings, most analysts see the IPO as attractive, backed by SBI Funds market leadership and long-term growth prospects
Taxpayers filing ITR for AY 2026-27 must correctly report Sovereign Gold Bond interest and capital gains. Check how SGB interest, maturity redemption and pre-maturity sales are taxed, which ITR schedules to use, and why the Budget 2026 changes will not apply this year.
Nifty may open 200 points lower as US-Iran conflict, oil prices weigh on sentiment
Corona scare, rise in inflation figures to keep market under pressure
8th Pay Commission: Level 1 and Level 10 salaries compared under 2.1, 2.5 and 3.0 fitment factors
The 8th Pay Commission's fitment factor will determine future salary and pension revisions for government employees. Here's how different fitment factor scenarios could impact basic pay, allowances and overall earnings, while highlighting why the final government decision remains crucial.
Sensex today | Stock Market Live: Stock to buy today: Firstsource Solutions
Sensex, Nifty, Stock Price Live Updates: The short-term outlook is bullish for Firstsource Solutions. The stock has been moving up very well over the last few days. The recent rise has taken the share price well above a key resistance level of 253. The 2 per cent rise on Monday indicates that the upmove is gaining momentum.
SBI Funds IPO raises 2,663 crore from anchor investors led by Singapore and ADIA
The anchor book includes sovereign wealth funds from Singapore, Abu Dhabi and Norway, alongside LIC, BlackRock, Capital Group and leading domestic mutual funds.
As the 31 August deadline nears, taxpayers can use the Income-Tax Departments Excel Utility for ITR-5 and ITR-7 on the e-filing portal for FY26. This allows offline preparation of returns before digital submission, ensuring timely processing.
Delhi Lakshmi Yojana: Beneficiary women will get 2,500 per month under the scheme earlier known as Mahila Samriddhi Yojna. Check here for details on eligibility criteria, the monthly benefits and steps for how to apply.
Biocon to see block deals, as Viatris plans to exit
Floor price has been fixed as 378.50 a share, a discount of 7.9 per cent to current price
EPFO has automated the PF transfer process for Aadhaar-linked UAN holders when switching jobs. Here's who stands to benefit from this feature and whether it will apply if you changed jobs months or years back but never transferred your balance.
8th pay commission: We take a look at the likely revision in house rent allowance (HRA) for central government employees across level 1 to 5 in X, Y and Z category cities based on suggested fitment factor.
Want to build 1 crore corpus in 10 years? Here is the monthly SIP you need
The size of your mutual fund investment depends on two key factors: the rate of return and the amount of SIP. The higher the rate of return, the bigger the corpus.
The income tax return due date for most taxpayers is July 31, 2026. Late filing incurs penalties and addition interest if you have unpaid taxes. Check all other consequences of missing ITR due date here.
ITR filing 2026: Is it necessary to keep physical copies of digital tax documents? Expert explains
ITR filing is now becoming increasingly paperless, but taxpayers must securely retain key digital tax documents. A tax expert explains which records to preserve, why backups matter, and how organised digital files can help during tax verification, assessments and future income tax notices.
Markets stage comeback amid global sell-off, IT earnings boost
Nifty 50 closed at 24,211.65, up just 4.75 points or 0.02%, while the BSE Sensex ended at 77,616.40, gaining 47 points or 0.06%
DA hike: What are the types of Dearness Allowances, how they are calculated explained
Dearness Allowance is a percentage of employees' pay aimed at helping households manage the increased cost of living. For calculation purposes, it is separated into two categories: industrial and variable DA.
While direct plans make up 77.7% of institutional investors' mutual fund AUM, the corresponding share for individual investors is just 30%. Experts say the gap is driven by the need for professional advice and investor behaviour.
Kalpataru posts 17% jump in collections, launches luxury Mumbai project in Q1 FY27
The companys total market capitalisation stands at approximately 5,864 crore, the stock trades at a trailing price-to-earnings multiple of 71.27, which NSE flags as exceeding 50 for four consecutive trailing quarters
Laser Power and Infra IPO fetches 38.49 times subscription so far on final day
Strong QIB demand at 92.25 times drives overall subscription amid anchor investment of 223 crore
Rupee slips to one-month low of 95.62 per US dollar as oil pangs resurface
Oil prices rose after US and Iran traded strikes, with Tehran saying it had closed the vital Strait of Hormuz.
BNPL impact on credit score: 5 key facts every borrower should know before using buy now, pay later
A buy now, pay later facility can help build a strong credit history when used responsibly. Timely repayments, controlled borrowing, and avoiding defaults are crucial. Learn how BNPL services affect credit scores, borrowing ability, and financial health with key tips for users.
Presumptive taxation: Who should opt for it & who should avoid it? Experts explain
The presumptive taxation scheme offers a simpler way to compute taxable income, but it may not suit every taxpayer. Here's what businesses and professionals should consider before choosing it.
Bajaj Consumer Care Q1 Results: Posts record Q1 as stock hits 52-week high
EBITDA jumps 101.2% to 84.4 crore; margin expands to 24.7% from 15.8% YoY
How much EPF can you withdraw? Check it online with these simple steps.
The new rules compress a dozen complicated advance clauses into three broad categories while requiring a mandatory 25% retirement reserve.
Goldman Sachs sees Nifty at 26,500 by June 2027 on return of foreign flows and domestic recovery
Goldman Sachs expects a rotation in market leadership from growth to value stocks and from mid-cap companies to large-caps
Bought a car worth over 10 lakh? Here's how to claim your 1% TCS refund
If you have bought a car worth more than 10 lakh, you would have paid a TCS of 1% to the dealer. This is not an additional tax but a tax credit that can be adjusted against your total income tax liability or claimed as a refund while filing the ITR.
RPG Life Sciences launches Naprosyn ES, a first-in-India Naproxen-Esomeprazole combination
The product targets patients on long-term NSAID therapy who face elevated risk of gastrointestinal complications.
IT rally rescues Nifty from gap-down abyss; crude surge keeps bulls on edge
Buying at lower levels and improving market breadth helped benchmarks recover most of their early losses despite higher crude prices and geopolitical concerns
Retirement, child education or wealth creation: Does every SIP in your portfolio have a purpose?
Every SIP should be linked to a specific financial goal, such as retirement, a child's education, buying a house, or wealth creation. The expert suggested that the number of funds you own or their recent returns matter less than whether each SIP is aligned with a clear financial objective.
Income Tax Act 2025 simplifies presumptive taxbut one change could hurt taxpayers
The new Income Tax Act largely simplifies presumptive taxation rules, but one change could restrict taxpayers from setting off certain losses against presumptive income.
RBI new ombudsman rules: Here's why you should act quickly
The new framework empowers the ombudsman to issue interim, non-binding advisories to the regulated entity, requiring it to take action for full or partial resolution to enable quicker settlement.
ICICI Prudential Large Cap Fund portfolio: 3 new stocks added, GAIL among 4 exits in June
India's largest large cap mutual fund shuffled its portfolio in June by adding three stocks and exiting four. Tata Steel saw the biggest increase in holdings, while GAIL featured among the complete exits.
DMart shares fall over 4% after Q1 earnings
The company reported a 12.8% y-o-y rise in standalone profit after tax (PAT) to 936 crore for the quarter ended June 30, 2026
Magellanic Cloud arm wins 6.93-crore CCTV surveillance contract from South Central Railway
The project, to be completed within 12 months, includes AI-enabled video management infrastructure, networking, optical fibre, NVRs and related systems
LTM shares jump over 9% in a week; brokerages split as Q1 growth signals improve
The stock has gained 5.81 per cent over the past month and 9.13 per cent over the past week, though it remains down 33.44 per cent year-to-date and 21.86 per cent over one year
Q1 Results Today, July 13, 2026, Live Updates: Follow businessline's Q1 updates here
Income tax penalties explained: What happens if you under-report income or miss ITR filing
Taxpayers can face late filing fees, interest and penalties for different types of income tax defaults. Here's a simple guide to the key provisions under the Income Tax Act and what they could cost you.
India-UK social security pact: How EPF savings will benefit Indian professionals working in the UK
From 15 July, the India-UK Double Contribution Convention Agreement will allow eligible Indian professionals on temporary UK assignments to continue building EPF savings in India instead of paying towards UK social security contributions.
Gold slides over 1% as oil surges on Strait of Hormuz closure fears
Spot gold dropped 1.5% to $4,059.11 per ounce
