31 C 
Govt taps inputs from public sector banks to lure foreign capital
Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap. The meeting will also focus on deposit mobilization and supporting small businesses. Fresh foreign capital inflows will boost reserves and domestic manufacturing. Durable foreign direct investment is preferred over short-term deposits.
Purchase of bad loans by ARCs rises 56% in Q1
Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six percent increase from the previous year's figures. The overall non-performing asset ratio in the banking system continued its downward trend. Banks have been resolving legacy stressed assets for several years now. Transactions are increasingly being settled in cash and through security receipts.
Global banks are pulling back credit cards once prized by rich Indians
Several offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to Indias 180-day rule on deploying overseas funds. The requirement is also creating difficulties for minors holding foreign accounts under the Liberalised Remittance Scheme.
Steady investment in public provident fund over a long term is a sure way of building wealth using the power of compounding. Today, we look at how much savings 5,000 per month in PPF gives you over a period of 15 to 50 years
A 10,000 monthly SIP in small-cap funds grew to at least 8.12 lakh in five years, but the outcomes varied sharply across schemes. Bandhan Small Cap led the pack with over 10.35 lakh, while Tata Small Cap ended at 8.13 lakh, revealing a notable gap.
SEBIs Annual Report shows 3,811 crore remained unclaimed in mutual funds in FY26, including redemption amounts and dividends. Investors can trace forgotten dues, check whether they have any unclaimed money, and follow a simple process to recover it. Find out how below.
Retirement planning for child-free couples: Why a bigger corpus may be needed
A widespread assumption persists among child-free couples that avoiding child-rearing expenses automatically lowers overall retirement funding needs
Hindu Undivided Family: Can salaried individuals lower tax through an HUF?
For households possessing inherited assets, market portfolios, or commercial enterprises, forming a Hindu Undivided Family (HUF) creates a distinct financial entity alongside a separate tax filing opportunity
Mutual fund performance took a sharp turn in FY26, with more schemes slipping into negative territory and fewer crossing the 10% return threshold. Heres what you need to know about the SEBI annual report findings and other key points.
EPFO subscribers have to annually submit their life certificate or Jeevan Praaman Patra to maintain the pension account. Here's a stepwise guide on how you can do so online, using the Aadhaar face ID.
The Income Tax Department has released online and offline ITR-5 utilities for AY 2026-27. Heres what taxpayers should know about who can file this form, the applicable filing deadlines, and the different options available to prepare and submit the return.
Market Trading Guide: Jindal Saw among 2 stock recommendations for Monday
Domestic earnings have largely met or beaten expectations, supporting sector-specific optimism.
PFRDA is targeting 3540 crore non-government NPS subscribers in five years, up from around 90 lakh currently. The pension regulator plans to use digital onboarding, mutual fund distributors and new pension funds to accelerate NPS adoption.
Crude oil, developments in West Asia, inflation data to drive markets this week, say analysts
Globally, market participants will continue to monitor developments surrounding the Strait of Hormuz, movements in crude oil prices, and broader geopolitical negotiations involving Iran
PNB to roll out its wealth management product by Dec aimed at boosting non-interest income
Punjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business operations. This expansion aims to significantly enhance the bank's non-interest income streams. PNB anticipates its profit will surpass twenty thousand crore rupees this financial year.
9 Nifty 500 stocks with up to 50% upside potential: Do you own any?
Consensus analyst estimates from Trendlyne highlight nine Nifty 500 stocks offering up to 50% upside potential over the next 12 months. Prominent picks covered by multiple analysts include Inox Wind, Aditya Birla Fashion, Lemon Tree Hotels, HDFC Bank, NCC, and HDFC Life, supported by Strong Buy and Buy ratings.
As the August 31 ITR deadline approaches, freelancers must prepare to file their income tax returns. Unlike employees, they report income from multiple clients, including foreign services, which is fully taxable in India. Details here.
GMPs indicate 15 IPOs opening or listing this week could offer investors up to 37% returns
The IPO market is set for a busy week, with 15 mainboard and SME issues either opening or set to list.
PPFAS CIO Rajeev Thakkar says the two-year period of sideways equity markets is not unusual, while opportunities are increasing after corrections in some market segments. He also discusses PPFAS stance on AI, IT services, private-sector banks, small- and mid-caps and popular market themes.
Five smallcap mutual funds delivered up to 26% annualised returns over three years as of July 29, 2026, according to ETWealth data. Bandhan Small Cap Fund led the pack with 25.8% CAGR, followed by ITI, Invesco, Bank of India, and Mahindra Manulife, while older category peers trailed behind.
In this edition of Know Your Fund Manager, Rajasa K., Vice President and Portfolio Manager at Templeton Global Investments, shares her career journey from equity research to managing hybrid and equity schemes. She discusses her GARP-focused investment philosophy, risk assessment framework, and the responsibility of managing retail investors' money.
14 penny stocks plunge up to 85% in 6 months. Are you holding any?
While penny stocks often attract investors with their low entry prices and potential for quick gains, they carry substantial risks. Low liquidity, high volatility and limited transparency can make them vulnerable to manipulation and sudden price drops.
A register can tell you who mis-sold an insurance policy. It cannot tell you why
A register of who mis-sold you an insurance policy is simple to build; changing why they did so is not. Unless incentives change, accountability may stop at the person behind the desk.
Razorpay CEO joins PhonePe chief in backing free UPI payments for consumers amid doubts over MDR
PhonePe CEO Sameer Nigam and Razorpay's Harshil Mathur advocate keeping UPI payments free for consumers after the MDR Bill raised concerns about potential charges. Details here.
New fund offers: 9 mutual funds and 2 SIFs will open for subscription this week: Check details
Nine new mutual funds and two Specialized Investment Funds (SIFs) are opening for subscription this week starting August 10. Offers include schemes from Aditya Birla Sun Life, SBI Mutual Fund, UTI, Bandhan, Zerodha, and WhiteOak Capital, catering to equity, arbitrage, hybrid, liquid, and ETF investment preferences.
BIS to scale up silver hallmarking testing as buyers shift from costly gold
The Bureau of Indian Standards is expanding silver jewellery testing capacity. This move comes as demand for silver increases due to rising gold prices. Referral and assay laboratories for silver will expand nationally within two years. The agency is also piloting artificial intelligence and robotics for faster testing. BIS continues to enhance its laboratory network to meet growing certification needs.
Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on net stock purchases and $4.5 billion on share buybacks in Q2. Alphabet entered its top five holdings alongside Apple, American Express, Coca-Cola and Bank of America.
Rs 7,681 crore IPO rush next week: Shiprocket, Milky Mist among 9 issues to hit the market
Indias primary market is set for a busy week, with nine companies aiming to raise a combined Rs 7,681 crore through IPOs across the mainboard and SME segments. Key issues include Dhoot Transmission, Shiprocket, Milky Mist Dairy Food and Molbio Diagnostics. The IPOs will open between August 10 and 12, while eight companies that launched last week are set to list.
Berkshire Hathaway spends down cash pile under CEO Greg Abel
Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly $20 billion in equities, including investments in Alphabet and Taylor Morrison. Operating earnings rose 16% to nearly $13 billion despite lower insurance underwriting profits.
Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as Indias macro backdrop improves. Lower commodity prices, a stable currency, resilient domestic growth and better earnings prospects are supporting its bullish view. The brokerage expects a shift towards value stocks, with large caps and banks benefiting as foreign outflows reverse.
Loan book to cross Rs 2 lakh crore milestone in FY27: HUDCO CMD
Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-five thousand crore rupees from domestic and overseas markets. HUDCO has already raised twenty thousand crore rupees in the first quarter of this fiscal.
Dividend alert: Jio Financial, Power Grid, HPCL among 90 stocks turning ex-dividend this week
Nearly 90 companies, including Jio Financial Services, Power Grid Corporation, HPCL, and Hindustan Aeronautics, will turn ex-dividend between August 10 and August 14. Investors holding these shares in their demat accounts on the respective record dates will be eligible to receive the announced corporate dividend payouts.
A retired Mysore teacher who deposited 1.33 crore in cash won his tax appeal after ITAT Bangalore found the reassessment notice was issued beyond the permissible limitation period.
Mcap of four of top-10 most valued firms jumps Rs 1.43 lakh cr; State Bank biggest winner
In a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, totaling Rs 1.43 lakh crore. The State Bank of India led the charge, boosting its valuation by Rs 63,922 crore. Other notable gainers included Reliance Industries, TCS, and Larsen
Foreign investors continue buying spree; pour Rs 12,921 cr in first week of Aug
In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor sentiment and favorable macroeconomic conditions. Furthermore, foreign investors have displayed interest in India's debt market, resulting in additional inflows. However, it
Top 9 equity mutual funds deliver over 10% return last week, tech funds lead: Check details
Nine equity mutual funds delivered over 10% returns during August 3-7, 2026, led by technology sector funds like SBI Technology Opportunities and Aditya Birla Sun Life Digital India Fund. Auto and commodity-focused funds also featured in the top gainers list among 611 schemes evaluated by ACE MF.
Indian stock markets ended lower as benchmark indices Sensex and Nifty diverged. Investors face crucial triggers next week, including over 2,000 Q1 earnings announcements, crude oil price movements amid Middle East geopolitical tensions, US nonfarm payroll data influencing Federal Reserve interest rate policy, and ongoing foreign institutional investment trends.
Retired but havent withdrawn your EPF yet? Heres when the corpus stops earning interest
EPF accounts stop earning interest after a specific period post-retirement, even if funds aren't withdrawn. Details here.
SEBIs AI-powered Project Sudarsan has identified more than 20,000 fraudulent social media posts since its launch in November 2025. The platform scans videos, images, messages and advertisements for misleading claims as 62% of investors say finfluencers influence their investment decisions.
Bank holidays this week: Public and private banks across India are closed on 9 August due to Sunday off. Banks observe weekly closures on Sundays and designated Saturdays, but customers can carry out essential transactions via digital banking channels on these days.
After purchasing a Mumbai apartment, a family received possession after a delay of more than two years. They filed a complaint with MahaRERA seeking compensation in form of interest but lost the case. Here's what happened.
Data centre boom to drive housing demand, create over 4.33 lakh ecosystem jobs by 2030, finds report
New research by Square Yards has found that digital infrastructure is emerging as the next major catalyst for residential real estate growth and will reshape urban corridors beyond traditional IT hubs.
Nifty & Bank Nifty (10 Aug26 to 14 Aug26) ? ?
Travel credit cards: The new winners after reward devaluations
Here is Mint'sannual ranking of the best travel-focused credit cards, taking into account not just reward rates but also recent devaluations.
UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifies
The finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while consumers and most merchants will face no charges. The move aims to support UPIs long-term sustainability, security and infrastructure.
PhonePe, Razorpay back selective UPI charges for large merchants
PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a sustainable business model that echoes the position of the Payments Council of India (PCI). The industry association has sought to separate free everyday payments from charges on select merchant transactions to ensure commercial viability of the service.
Elon Musk's X is replacing its Creator Revenue Sharing with the Original Content Rewards Programme, focusing on original posts.
Crude Check: Uncertainty remains
But hold shorts with strict stop-loss
The EPFO offers pension benefits to employees with over 10 years of service in the EPF scheme, following the EPS 1995 guidelines. Members can withdraw their PF amount at retirement and opt for various pension schemes depending on their circumstances.
West Bengal's 7th Pay Commission will consider demands for pay parity with Central government salaries and for increasing annual increments from 3% to 5% to address existing anomalies and economic realities.
Health insurance portability allows switching insurers without losing benefits like waiting periods and no-claim bonuses. However, issues arise from agents misusing this process for profit.
UPI MDR: Who will pay, who wont, and what the new rules mean | Government clarifies
The government confirmed UPI will remain free for consumers and small merchants, with potential MDR charges applicable only to select transactions above a threshold.
Buying or selling property in India poses challenges for NRIs due to complex regulations and tax rules. A missing PAN card can lead to higher TDS, while compliance errors can result in delays.
The 8th central pay commission begun its four-day state visit to the national capital, with plans to interact with associations, federations, unions of central government, UT employees located or registered in Delhi.
Annapurna Yojana: When will the 3,000 August instalment be credited? CM Adhikari reveals date
Under the Annapurna Yojana, beneficiaries receive 3,000 monthly. Complaints arose regarding the August instalment delays, causing confusion.
UPI is and will remain free: PhonePe's Sameer Nigam assures amid growing doubts over MDR Bill
Nigam's comment comes a day after the Payments Council of India clarified that UPI would remain free for consumers. It also noted that small merchants would not be required to pay MDR for accepting UPI payments.
Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%
Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EBITDA fell 4% as higher labour, fuel and operating costs weighed on margins. The logistics company expects pricing revisions and revenue growth to offset cost pressures.
RBI proposes leverage buffer for branches of global systemically important banks
Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, along with the leverage ratio buffer applicable to the parent global bank, including any additional buffer prescribed by its home regulator.
Starting to invest at 25? 4 simple steps to build your financial roadmap
Rony, a 25-year-old first-time earner with low risk tolerance, is overwhelmed by investing. A structured four-step formula can guide him: maintain liquid funds for emergencies, prioritise insurance, allocate investments based on timelines, and track real returns to make informed decisions.
Foreign flows into Indian bonds may remain muted despite tax relief: SBI Funds
Foreign investment in Indian government bonds is projected to stay subdued as global yields alongside domestic interest rates reduce investor attraction. The postponement of India's inclusion in global bond indices further curbs foreign portfolio investments. The Reserve Bank of India is anticipated to keep interest rates steady for a considerable duration, with heightened global yields providing minimal support to local interest rates.
Punjab Finance Minister Harpal Singh Cheema said the state govt is considering legal options, including appealing to the Supreme Court, after the Punjab HC directed it to clear pending DA within 15 days.
Unclaimed mutual fund dividends rise 15.7% to Rs 2,689 crore in FY26: Sebi
Unclaimed mutual fund dividends rose 15.7 percent to Rs 2,689 crore in 2025-26. Unclaimed redemption proceeds saw a slight decline of 0.5 percent during the same period. Combined unclaimed amounts in mutual funds reached Rs 3,811 crore by March 31, 2026. SEBI enhanced measures to help investors and nominees access their unclaimed holdings. Initiatives like DigiLocker integration and Niveshak Shivirs aim to reduce unclaimed assets.
A $110 million question: How safe are crypto wallets and whats the best way to store bitcoin?
Bitcoin has evolved into a mainstream financial asset but carries significant risks, as highlighted by its sharp price drop. Despite being recognised for tax purposes in India, investor caution persists regarding crypto safety.
NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBI
Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June 2026, outpacing overall retail loan growth. Housing and vehicle loans also displayed robust credit growth during this period. The Reserve Bank of India strengthened regulations for gold and silver collateral loans. Credit to industry and services sectors experienced a moderation in growth.
Blackstone's AGS Health files updated draft papers for $500 million India IPO
In a significant move, AGS Health, operating under Blackstone, has filed revised draft documents for its upcoming IPO in India, which is projected at 48 billion rupees. This offering features a new share release, as Blackstone aims to divest shares worth 30 billion rupees. Notably, AGS Health, known for its revenue cycle management services for U.S. hospitals, achieved a profit of 2.07 billion rupees last fiscal year.
Sumadhura Group to invest Rs 2,000 cr on construction of housing project in Bengaluru
Sumadhura Group plans to invest Rs 2,000 crore in an ambitious new housing project spanning 17 acres in Bengaluru's Whitefield-Kannamangala Corridor. This development aims to deliver an impressive 2.5 million square feet of residential space. With a strong pipeline exceeding 40 million square feet, this project underscores the robust growth opportunities in East Bengaluru.
US Treasury yields fall as jobs report dashes hike bets
U.S. Treasury yields saw a drop on Friday following an unexpected decline in July's job numbers. Traders subsequently lowered their predictions for an interest rate hike from the Federal Reserve in the upcoming September meeting. While the unemployment rate dipped, labor participation faced a decline, coupled with slower wage increases. This shift in the jobs market could indicate a shift towards a more dovish stance from the Federal Reserve.
RBI has proactively helped UCBs; cooperatives should look at regulator differently: Amit Shah
Union Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proactive assistance to the sector recently. Shah also emphasized the safety of small borrowers for lenders. The National Urban Cooperative Finance and Development Corporation will relocate its head office. This move aims to strengthen the cooperative banking sector across key states.
India's resilient economy to support markets but global risks remain elevated: SEBI
Indian equities faced a difficult 2025-26, with the Nifty 50 and broader indices declining around 14% in US dollar terms
NMDC cuts iron ore prices from August 8
The company's cumulative production during April-July 2026 stood at 19.16 MT, while sales were at 15.15 MT, reflecting sustained operational momentum
Nomination mandatory for demat accounts, MF folios from Sept 1: What if you don't want a nominee?
SEBI revised nomination norms for single-holder demat accounts and mutual fund folios, effective September 1, 2026. Here's what to do if you don't want to choose a nominee.
10 personal finance rules to build wealth, reduce risks and create a financially secure future
Check out the 10 essential personal finance rules every Indian should follow to build wealth, manage taxes, reduce debt, invest through SIPs, and secure financial stability with insurance, emergency savings and disciplined investing for long-term financial success.
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week
BSEs derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium per contract surged 74.8%, lifting average daily premium turnover 21.3% and pushing BSEs market share to 37.1%, according to Nuvama Institutional Equities.
Bitcoin hovers near $65,000 as key resistance caps further upside; Ethereum gains momentum
Bitcoin hovered near $65,000 as resistance around $65,000$65,600 capped further gains, while Ethereum showed stronger momentum above $1,900. Analysts said improving macro conditions are supportive for risk assets, but technical confirmation remains crucial. Crypto ETFs also saw steady inflows, signalling continued institutional demand despite mixed risk sentiment.
PPF vs SCSS vs SSY: Which government savings scheme suits your financial goals best in 2026?
Compare PPF, SCSS and SSY to understand their interest rates, eligibility, tax benefits, and investment features. Learn which government-backed savings scheme best matches your retirement, long-term wealth creation or girl child financial planning goals.
Section 44AD allows eligible small business owners to declare income on a presumptive basis without maintaining detailed books. However, taxpayers must still disclose turnover and other taxable income sources while filing ITR.
CAS chaos splits Sensex and Nifty: How long will this last?
SBI Securities Sudeep Shah expects Nifty to remain rangebound, with 24,30024,800 as key levels. He prefers a buy-on-dips strategy, citing constructive trends. Smallcaps remain bullish, while FII short covering could support markets. Traders should watch key technical levels for Nifty, Trent, Kalyan Jewellers and Swiggy for directional cues.
Edelweiss Mutual Fund temporarily suspends SIPs and STPs in its 7 funds
Edelweiss Mutual Fund has suspended existing SIP and STP subscriptions in seven schemes from August 11, 2026, citing limited overseas investment headroom. Six affected funds are international schemes, while one is thematic. The suspension will continue until additional overseas investment capacity becomes available, with resumption subject to AMC discretion.
Quant Small Cap Fund adds SBI Funds Management, Caliber Mining and 11 others in July
Quant Small Cap Fund added 13 stocks in July, including SBI Funds Management, Caliber Mining and Hexaware Technologies. The fund exited four stocks and reduced exposure to seven others, while increasing holdings in 10 stocks. Its portfolio rose to 106 stocks from 97 in June, with AUM at Rs 34,069 crore as of July 31.
Wall Street Is deepening Its crypto grip and rewiring the market
Wall Street is gaining greater influence over crypto as hedge funds and asset managers replace retail traders as key market forces. Institutional investors accounted for 72% of spot trading on Wintermutes OTC desk in the first half of 2026. Derivatives, ETFs and structured products are reshaping market liquidity and volatility.
Mukul Agrawals winning picks: 9 stocks rallied over 50% in CY26; one fresh Q1 addition
Investor Mukul Mahavir Agrawals portfolio rose 12% to around Rs 7,720 crore by June 2026. Several holdings delivered strong CY26 gains, led by Apollo Pipes, Hind Rectifiers and KRN Heat Exchanger. The portfolio also saw a new addition, Arisinfra Solutions, highlighting Agrawals continued focus on high-growth stocks.
Vedanta and Infosys among 5 stocks with highest dividend yield. Check details
Five high-dividend-yield stocks include Vedanta, Gujarat Pipavav Port, Castrol India, TCS and Infosys. As of July 29, 2026, Vedanta topped the list with a 12.9% yield, followed by Gujarat Pipavav Port at 6.9%. Investors should consider fundamentals, valuation, sustainability of dividends and risks alongside dividend yield.
Edelweiss Nifty REITs & Realty Index Fund is open for subscription. Should you invest?
Edelweiss Mutual Fund has launched Indias first REIT-focused index fund, offering exposure to listed REITs and real estate companies through a single investment. The fund tracks the Nifty REITs & Realty Index, with a 60:40 REIT-to-realty allocation, targeting long-term investors seeking diversified real estate exposure.
5 equity mutual funds that delivered over 20% returns in 10 years for SIP investors. Do you own any?
Five equity mutual funds delivered over 20% annualised SIP returns over the past decade. Quant Small Cap led with 24.2%, followed by Nippon India Small Cap, Invesco India Mid Cap, Quant ELSS Tax Saver and Nippon India Growth Mid Cap. Investors should consider risk, goals and investment horizon beyond past performance.
Molbio Diagnostics collects Rs 281 cr from anchor investors ahead of IPO
Molbio Diagnostics has successfully attracted Rs 281.5 crore from anchor investors ahead of its much-anticipated initial public offering. The company aims to raise between Rs 904 crore and Rs 940 crore through this public issue, with funds earmarked for infrastructure improvements and new equipment for manufacturing facilities. Additionally, current shareholders will participate by selling portions of their stakes. The company
Natural gas loses momentum despite geopolitical risks: Will prices recover?
Natural gas prices remain subdued despite Middle East tensions, as abundant U.S. production, rising LNG supplies and healthy inventories outweigh geopolitical concerns. Weather-driven demand has also weakened following the winter rally. While near-term prices may remain rangebound, growing LNG exports, Asian demand, power generation and natural gas
Concurrent Gainers: 15 stocks that gain for 5 days in a row
Fifteen BSE 500 stocks posted gains in each of the five sessions from August 3 to 7. Apar Industries led with a 16% five-day gain, followed by Welspun Corp and Authum Investment.
