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Zepto files updated IPO papers, plans 8,010 crore fresh issue
The total issue size, including an offer for sale, is expected to be around 11,000 crore, with a potential listing in July
Cryptocurrency F&O: How are gains taxed in India? Know rules and ways to report in ITR
Cryptocurrency futures and options involve trading derivative contracts based on digital assets, enabling price speculation without ownership. Here's how the gains are taxed.
Gold ETF investors exits highest last week for this year; outflows continue for 4th week in a row
Net investments down 17% last week from May 23, as US, Chinese and Canadian investors lead the negative trend
Indian rupee in free fall: What the govt is doing to lure foreign capital and lift currency
India's rupee is under pressure, hitting record lows against the US dollar due to economic uncertainty and high import bills. The government and the RBI have implemented several measures to stabilise the currency and attract foreign inflows.
SEBI reviews broker net-worth norms, weighs IPO auction reforms
Regulator also plans easier compliance for research analysts, new MF liquidity framework and measures to deepen corporate bond market
Metal cos to lead Nifty earnings growth to 20% this fiscal: Jain
Jain said that metal prices have surged due to supply chain disruptions and the war in West Asia. Indian companies have capitalized on this, which will help Nifty deliver better returns amid global uncertainty
The RBI has fixed the premature redemption price at 15,512 per unit for SGB 2021-22 Series III due on 8 June 2026.
Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know
NRE accounts allow NRIs to deposit foreign income in Indian rupees, facilitating free repatriation. Interest on NRE fixed deposits is exempt from Indian income tax, enhancing their appeal.
Rupee slumps as elevated crude, treasury yields support dollar
The rupee ended down 0.8% in its sharpest fall in four weeks to settle at 95.7075 per dollar
Brokers Call: Yash Highvoltage (Buy)
Choice Institutional Equities
Sensex, Nifty fall 1% as Nasdaq correction, West Asia tensions rattle markets
The BSE Sensex fell 719.08 points or 0.97% to 73,524.26, hitting a low of 73,318.94; The Nifty 50 dropped 243.70 points or 1.04% to close at 23,123
Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor
Nifty Midcap150 Momentum 50 Index includes 50 mid-cap stocks that have delivered the strongest momentum, thereby combining the growth potential of mid-caps with the momentum factor's ability to identify market leaders.
CAGR vs XIRR: Which is better for analysing mutual fund returns?
The Compound Annual Growth Rate (CAGR) is the average annual rate of return of a lump-sum investment over a specific period. The Extended Internal Rate of Return (XIRR) is a return calculation method used for investments with multiple cash flows occurring on different dates.
HDFC, ICICI Prudential and Nippon are restricting gold ETF inflows. Here's why
Gold ETF inflows are at record highs, but fund houses are becoming more selective about fresh subscriptions. Here's why the rupee, gold imports and bullion supply are driving the decision.
Sensex, Nifty, Stock Price Highlights:- Shares fell on Monday, tracking a sharp selloff across Asian markets, while crude prices spiked due to an escalation of the Middle East conflict
We don't even know where LIC's office is: Rajesh Exports chief
Distancing himself from LICs investment decisions, Rajesh Mehta said neither he nor other promoters had any role in LICs accumulation of the stock
ITR filing AY 2026-27: How to claim TDS refund while filing your income tax return
Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. A TDS refund becomes applicable when the amount of tax deducted from your income during a financial year is more than the tax you are actually required to pay.
Mango bonds and tree renting: a side of Alphonso in your portfolio
Consumers are renting mango trees and buying so-called mango bonds to secure premium fruit directly from farms. But are these genuine investments or simply a smarter way to buy mangoes?
How to change or update your EPF nominee online: Step-by-step process here
EPF members can update their nomination online at any time. This allows them to change beneficiaries. Here's the full process and what to do to make your nomination valid.
Gold futures drop to 1,53,220/10g
On the Multi Commodity Exchange, August gold contracts fell by 2,374 (1.53%) to 1,53,220 per 10 grams, with a turnover of 1,730 lots
Are you looking for a multi-cap fund that charges low fees and delivers benchmark-beating returns? Here are the top 5 multi-cap funds that combine low expense ratios with strong return performance.
Silver futures decline to 2.4 lakh/kg
Gold drops 1,100, silver extends slide as oil surge stokes inflation fears
Analysts said the latest drop marks a continuation of bullion's recent struggles as investors increasingly focus on the inflationary impact of higher energy prices rather than the metals' traditional safe-haven appeal.
We don't even know where LIC's office is: Rajesh Exports chief amid regulatory heat
Rajesh Exports Chairman Rajesh Mehta clarified LIC's investment in his company, stating the insurer bought shares over two decades from the open market. He asserted neither promoters nor the company benefited from LIC's stake, emphasizing that ordinary retail shareholders are the ultimate gainers, regardless of LIC's potential losses or exit.
Direct vs regular mutual funds: Meaning, key differences and which one to choose
Direct mutual funds allow you to buy units directly without involving or routing the investment through any distributor, broker, or agent. On the other hand, regular mutual funds are purchased through intermediaries such as brokers, agents, or financial advisors.
Carlsberg is said to be near filing for $700-million India IPO
The IPO is expected to consist of a secondary share sale by the Danish brewer and could take place later this year
Sensex, Nifty trim losses in afternoon trade; metals, realty and auto stocks drag
Broader markets remained under pressure, with small-cap indices continuing to trade nearly 1 per cent lower. Mid-cap indices, however, staged a mild recovery from intraday lows.
Im a biker and have 50 lakh: I asked ChatGPT if I should stop going to office and travel around
After inheriting 50 lakh, the individual seeks financial and lifestyle advice on how to lead a meaningful life without traditional work. ChatGPT looks at the situation from a different lens.
33 of 38 Flexi-cap funds beat the Nifty 500, but most investors still lost money
Only 15 flexi cap funds delivered positive returns over the past year. Those funds account for just 16% of the category's AUM.
India's biggest health crisis isn't physicalit's financial What new study reveals
A recent report shows urban Indians score 65/100 on wellbeing, with financial health as the weakest link. Stress affects 82% of respondents, and mental health is gaining importance, particularly among younger populations.
Goldman sees rupee weakness capped after steps to boost inflows
Goldman now sees the dollar/rupee cross at 96 in three months, from 97 previously; it has kept its 6-month forecast unchanged at 96, while seeing the currency at 97 in 12 months, from 96 previously
The credit card debt trap: How a 1 lakh bill can spiral out of control
High credit limits and minimum due payments can create a dangerous debt spiral. Experts explain how the trap beginsand what borrowers can do to get out.
I asked ChatGPT if I should start a side hustle to earn extra income every month. AI asks me to do a 90-day experiment before making a final decision.
Wipro, TCS drag Nifty IT 2% lower after Nasdaq crash, AI selloff
Domestic IT counters tumble after technology, semiconductor and AI-related stocks come under selling pressure on Wall Street
The RBI maintained its repo rate at 5.25% to await clearer economic signals amid rising inflation risks. Home loan rates remain unchanged, with public banks offering rates from 7.10% to 7.25%. Measures to attract foreign capital were also introduced to support the rupee.
Gold extends losses on US interest rate-hike fears
US gold futures for August delivery were down 0.7% at $4,336.30
On 8 June, gold prices fell by 0.94% to 1,54,290 per 10 grams, influenced by rising Middle East tensions and higher crude oil prices. Silver also declined by 1.6% to 2,45,120 per kg.
Rupee tumbles 17 paise to 95.35 against US dollar in early trade
Rupee weighed down by dollar strength overseas and continued geopolitical uncertainty
Nasdaq rout, Kospi crash drag Sensex, Nifty over 1% lower amid oil spike, West Asia tensions
Oil prices surge over 3% after Iran-Israel escalation; IT, metal stocks drag amid FII outflows and US rate worries
Shocking digital arrest scam exposes how fake ED officers in Nagpur cheated an 85-year-old retiree of 87 lakh through fear tactics, forged documents and constant surveillance.
Domestic markets open lower as oil spike, Asia selloff hurt sentiment
Nifty 50 falls 1.22% to 23,080.70, while the BSE Sensex loses 1.11% to 73,421.61 by 9:15 a.m.
Bitcoin steadied in early Asia trading on Monday after recovering some lost ground since dropping below $60,000 late last week a level not seen since Donald Trump won reelection in 2024.
The Nifty 100 is down 8.7%, how did active large-cap funds perform?
Seventeen of 33 large-cap schemes have fallen more than the benchmark, while several of the category's largest funds are among the laggards.
Nifty may lose 300 points at open amid global headwinds
Korea, Japan markets see bloodbath. Kospi plunges nearly 10%, Gift Nifty signals gap-down as geopolitical tensions and AI trade worries weigh on sentiment
Buzzing stocks: Allied Blenders, RailTel, TVS Motor Co, RInfra, Ixigo, HCC,
Focus will also be on Alembic Pharma, Glenmark, Nibe Defence, Asian Energy, Innovation, HEC Infra projects
South Koreas KOSPI plunges nearly 9%, circuit breakers halt trading
The steep losses prompted the activation of market-wide circuit breakers, halting trading for 20 minutes to curb volatility.
Asian stocks sink amid tech sell-off, rising oil prices and rate hike fears
South Koreas KOSPI dropped more than 6.8%, while Japans Nikkei lost 3.4%
Sensex today | Stock Market Live: Stock to buy today: The Phoenix Mills(1,745.20)
Sensex, Nifty, Stock Price Live Updates: Traders can consider buying the stock of The Phoenix Mills now at 1,745 and accumulate if the price dips to 1,700
8th Pay Commission: Proposed fitment factor 3.833 vs 4 impact on salary hike explained
8th Pay Commission: A major salary boost is expected for central government employees as unions push for a higher fitment factor. The fitment factor comparison between 3.833 and 4 explains the rationale for stronger pay demands, improved pensions and an inflation-linked basic pay revision.
EPFO eases 100% PF withdrawal rules for special cases: Here's what changed
The EPFO has introduced reforms allowing 100% withdrawals for members under special circumstances without needing to provide reasons. This aims to enhance convenience and improve the experience for EPF subscribers, although normal situations still permit only 75% withdrawals.
From the seamless beach vibes of Thailand and Malaysia to the budget-friendly cultural boom in Vietnam, Gemini suggested 7 easy trips for Indian tourists
Leave encashment tax relief: Eligibility and exemption limits explained
Salaried employees can carry forward unused paid leaves and opt for leave encashment instead of taking time off. This encashment is taxable, with treatment varying based on whether it's received during employment or upon retirement.
Emkay Wealth sees more upside in gold and silver How much should you invest?
Emkay Wealth Management remains optimistic about gold and silver, driven by macroeconomic uncertainty and central bank purchases. Details here.
Sukanya Samriddhi Yojana: Ignoring this key aspect could reduce the final corpus
Contributing to an SSY account can yield significant benefits, but missing monthly deposit deadlines can result in lost interest and impact long-term compounding. Details here.
Analysts see West Asia tensions, crude prices and FII flows driving markets
Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71 per cent, and the NSE Nifty dipped 181.05 points, or 0.76 per cent.
I asked ChatGPT to help me become debt-free by 2027: AI gives me 3-way strategy
ChatGPT gave me a 3-way strategy to become debt-free by December 2027. The plan includes selling stocks to pay off loans, managing monthly expenses, and strategically reducing SIP contributions.
Mcap of 7 of top-10 most valued firms erode by 1.25 lakh cr; Reliance takes biggest hit
Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71 per cent, and the NSE Nifty dipped 181.05 points, or 0.76 per cent.
A career break for family planning can significantly impact household income. Couples need to prepare financially and emotionally, focusing on budgeting, insurance, and maintaining investments.
Want to trade gold 24x7? Here's how tokenised gold works, associated risks and how to buy it
Tokenised gold is physical gold converted into digital tokens backed by real gold in secure storage. Investors can buy, sell, or hold gold online without owning physical bars. Here's all you need to know about the asset.
Income-tax returns: Mint asked Chartered Accountant (CA) Chandni Anandan, Tax Expert at ClearTax about how taxpayers can correctly offset capital losses while filing their returns. Here's what she said
How to spot personal loan scams and protect your money with these 5 essential safety tips
Dont let fraudsters catch you off guard. Personal loan scams can cause serious losses. Follow these five practical tips to verify lenders, protect information and borrow safely.
Capital gains taxation of hybrid funds: How different types of hybrid funds are taxed?
Capital gains taxation of mutual funds depends on how much the fund invests in equity and debt. Since hybrid funds have different equity-debt allocations, the tax treatment of their capital gains varies based on their portfolio allocation.
Silver ETFs delivered a 50%+ 3Y CAGR. What does the gold-silver ratio show now?
The gold-silver ratio has fallen from a 52-week high of 94.5 to 60.7. Here's what the move says about silver's valuation and whether investors should still consider the metal after its sharp rally.
Planning an international trip? We take a look at the various spending options available to travellers. Compare the pros and cons before choosing whether credit card, forex card or a pre-paid travel card works best for you...
The price of 24-karat gold in India stood at 1,55,750 per 10 gram at 8.45 am on Sunday.
Health insurance claim rejected? IRDAI wants insurers to explain why
IRDAI has tightened disclosure requirements around claim decisions, requiring insurers to clearly explain the reasons for rejecting health insurance claims.
ITR filing 2026: How to report capital gains from shares, MFs, property
Reporting capital gains correctly is essential for investors who sold shares, mutual funds or property during FY26. Here's a guide to tax rates, ITR forms and capital gains reporting requirements for AY 2026-27.
Bank Holidays next week: Banks will remain closed on various dates in June, including weekends, regional and religious holidays. Check RBI calendar to know more about bank holidays in the coming week.
Rupee hits 96 against USD: How can falling currency impact your investments and how to protect them?
A falling rupee leads to higher inflation and, in turn, higher interest rates, which adversely impact corporate profitability and share prices. It can lead to higher yields on G-secs, lower bond prices and a fall in bond fund NAVs. However, international mutual funds benefit from INR depreciation.
Old vs new tax regime: Which saves more tax if you earn 20 lakh, 25 lakh or 30 lakh?
The new tax regime offers lower rates but fewer deductions, leading many salaried taxpayers to reconsider the old regime.
Relief or red flag? What borrowers should know about loan settlements
As loan defaults rise, debt resolution firms are helping borrowers negotiate settlements and escape recovery pressurebut the relief comes with lasting consequences.
Studying abroad on a loan? Here's the true costand the mistakes that can make it even higher
Overseas education now costs Indian families up to 1 crore, exacerbated by a weaker rupee and rising visa restrictions. Despite financial challenges, 90% of parents aspire to send their children abroad. Education loans can bridge funding gaps, but borrowers must choose wisely .
EPF e-nomination can be considered invalid if you miss this key step Here's what to do
EPFO mandates e-nomination for EPF members to ensure smooth transfer of benefits to nominees upon a member's death and avoiding legal disputes. Members must complete e-signing via the EPFO portal to validate nominations. Here's how to do it.
PFRDA launches StAR NPS: How the new digital onboarding process works and charges applicable
NPS will be easier to join with the launch of StAR NPS, a digital onboarding platform designed to streamline enrolment and contributions while minimising paperwork. Details here.
Provident Fund guide: What are EPF, VPF and how to check your PF passbook
The Provident Fund (PF) is a crucial long-term savings option for salaried employees. Here's how EPF and VPF work and how you can keep a track of your contributions and account balance via PF passbook.
Sold a residential property? Here's how you can save tax on capital gains
Long-term capital gains from property sales are eligible for tax exemptions if reinvested in another residential property within specified time frames. Here's how to park your capital gains in the meantime and claim exemption.
Facebook users part of the $725 million privacy settlement will receive second payments starting June 9. Check whether you are eligible for the payout and the amount that you may receive.
The 8th Pay Commission, established in November 2025, is gathering inputs until June 15, 2026. Amid this, some of the proposals put forth to the commission include increase in fitment factor over 3.80 by multiple employee representatives.
Are tokenized funds a threat to mutual funds and ETFs? Explained
Tokenisation of funds is the process of representing shares in a traditional investment vehiclesuch as a mutual fund, ETF, or private equity fundas digital tokens on a blockchain.
A detailed calculation of raising a child in metro cities of India has left people surprised. Reportedly, the school fees are rising at a rate of 10 to 12 per cent per year. Check it out.
Dearness Allowance: Assam, Arunachal Pradesh, Bihar, Odisha, Tamil Nadu and Uttar Pradesh have announced DA hikes in 2026 so far. Here's a look at how much increase each state has rolled out for employees
Capital has no nationality, FII are selling India despite the growth story 5 key factors to look at
FIIs withdrew roughly 1.98 lakh crore in the first four months of 2026 alone, vastly exceeding the 1.66 lakh crore withdrawn in all of 2025.
SpaceX IPO draws strong European retail demand but experts warn of high risks
However, experts warn that the companys high valuation, limited float and lack of voting rights could expose retail investors to significant risk.
Why SpaceX faces a longer wait to join S&P 500
SpaceXs planned blockbuster IPO may reshape tech markets, but its path to the S&P 500 will not be immediate, as the index maintains strict eligibility rules on profitability, free float and trading history. The decision pushes inclusion to at least 2027, delaying potential passive fund inflows worth billions
A data analyst has sought advice on Reddit after he received a job offer for 36 lakh pa salary in Mumbai, which gives him less in-hand pay compared to his current 25 lpa job in Gurugram. Here's how netizens reacted
The favourite hill stations of Himachal Pradesh and UttarakhandShimla, Manali, Mussoorie, Nainital, and Kulluare often packed with tourists during the summer months.
Many retail investors think that spotting a potential multibagger stock is all about predicting which right pick. Here's how Shankar Sharma navigates the market opportunities.
Indias changing relationship with gold: From ownership to financial utility
No longer is the discussion about whether Indians will continue owning gold; rather, how well they can leverage that gold in Indias journey towards economic success
Small-cap mutual funds reward timing, not just risk-taking: Data reveals smart strategy to invest
Small caps have indeed outperformed over the long term, but the magnitude of this outperformance seems too small to justify the additional risk.
