34 C 
Former BJP MP Kirit Somaiya seeks SEBI probe into sharp Sensex swing during CAS
Former BJP MP Kirit Somaiya has urged SEBI to investigate the sharp swings in the Sensex during the Closing Auction Session on August 27, when the index plunged over 2,000 points within minutes before recovering much of the loss. He questioned whether the new CAS mechanism, introduced on August 3, has weaknesses related to liquidity and price discovery.
Nifty may be in accumulation phase, says Anand James; Ather, Nazara top bets
Niftys September series begins with a cautiously positive undertone, with options positioning indicating support at 24,00024,100 and resistance at 24,20024,500. A decisive breakout could trigger further gains, while a break below 24,000 may invite downside. Meanwhile, Ather Energy and Nazara Technologies remain among the top stock picks, with analysts seeing further upside after recent bullish breakouts and strong momentum.
Bullion braces for fresh swings as US jobs data, Iran tensions take centre stage: Analysts
September promises volatility in the commodity markets, especially after the notable decline in gold prices. Traders are set to keep a close eye on US job reports and emerging geopolitical events as they navigate market direction. Key inflation metrics and US non-farm payroll data will play vital roles in shaping investment strategies.
Privately placed InvITs eye public listings by March 2027: BIA CEO
The move could increase the number of publicly listed InvITs to 12-14, widening investor participation and improving liquidity in the infrastructure investment market
YouTube is changing the view game. Creators may have to chase attention, not clicks
As YouTube starts counting views from the first frame, creators may have to trade volume for attention, while brands look beyond reach and Netflix steps up its fight for top digital talent.
10 largecap stocks with up to 40% upside potential. Do you own any?
Among BSE large-cap stocks, several companies are currently projected to deliver strong gains over the next 12 months, based on consensus estimates from Trendlyne.
EPFO Employees Enrolment Campaign 2026 aims to widen social security coverage, regularise past compliance and formalise employment. Here are the campaign dates, key benefits and practical takeaways for employers and workers.
Indian Bank to add 100 branches, hire 2,500 as expansion shifts west
Indian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand five hundred personnel. This expansion aims to strengthen its presence in Central and Western regions. Asset quality management remains a focus, with targets for reducing NPAs. The lender anticipates its gold loan book will surpass one lakh fifty thousand crore rupees.
Mint Explainer | What the datura episode says about food safety in online grocery
Amazon, Swiggy, Instamart and BigBasket have been ordered to remove the datura listings, stop selling or distributing the plant as food, and submit compliance reports to the authorities. How will the suspension impact e-commerce platforms' food operations?
Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and small-cap stocks. He explains why Samco Flexicap Fund has allocated 7075% of its portfolio beyond large caps, while highlighting opportunities in defence, power, AI ancillaries and gold, and warning about IPO-led liquidity pressures.
MSCI
How you invest 1.5 lakh in the Public Provident Fund (PPF) could influence the size of your long-term corpus. Heres what investors should know about PPF investment timing, interest calculation and key rules over 15 years.
Quality Stock Investing: 8 mistakes that can ruin your portfolio and how to avoid them
Building a portfolio of high-quality companies requires more than simply identifying good businesses. Lawrence A. Cunninghams quality-investing framework highlights common mistakes such as overreliance on macro trends, overconfidence, ignoring debt and accounting red flags, and holding stocks despite deteriorating fundamentals.
Many credit cardholders fall into debt trap because of their habit of paying only the minimum balance, leading to high interest and prolonged repayment. Check 7 strategies to get out of debt trap and ensure quick repayment
Mutual fund NFOs: 3 new funds will open for subscription this week
Three new passive mutual funds are set to open for subscription this week, including two index funds and one ETF. UTI Mutual Fund will launch two BSE India Sector Leaders funds, while Navi Mutual Fund will introduce a Nifty REITs & Realty Index Fund. Investors should evaluate these new fund offers based on their risk appetite, investment horizon and financial goals.
SBI, SBI Capital Markets to dilute up to 1% stake in NSE via public offer
State Bank of India (SBI) and its subsidiary SBI Capital Markets Ltd together plan to dilute up to 1 per cent stake in the National Stock Exchange (NSE) through the exchange's proposed Rs 30,000-crore initial public offering (IPO). The bank is participating in the NSE IPO and will dilute a 0.65 per cent stake in the exchange, SBI Chairman C S Setty told PTI in an interview. We are participating in that divestment. We propose to divest 0.65 per cent and 0.35 per cent by SBI Capital Markets because both of us hold the stake. So together, about 1 per cent as a SBI group... it could be less depending on any other shareholders joining, he said. SBI currently holds a 3.23 per cent stake in the NSE, while SBI Capital Markets owns 4.33 per cent in the country's largest stock exchange. He clarified that there is no the monetisation plan for other subsidiaries in the immediate future. Last month, SBI, along with its foreign partner Paris-headquartered Amundi, diluted around 10 per cent st
GDP data, crude oil prices likely to drive stock markets in week ahead
Trading sentiment in the stock market this week will be largely guided by the domestic GDP data announcement, crude oil prices, and the US non-farm payrolls report, analysts said. Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead, they added. The coming week is expected to remain highly eventful, with domestic GDP data and global economic releases likely to determine market direction. India's Q1 FY27 GDP data will be released on August 31. Investors will also monitor India's August manufacturing and services PMI readings, GST collections, foreign exchange reserves and movement in the rupee, Ajit Mishra SVP, Research, Religare Broking Ltd, said. US employment data will remain the most important trigger, with the August non-farm payrolls report scheduled for September 4, he said. The outcome could significantly influence expectations regarding the Federal Reserve's September
Mint Explainer | How regional rural banks lowered bad loans and whats next for them?
The improvement comes after years of consolidation and balance-sheet repair, with the government now seeking to leverage RRBs' stronger financial position to expand rural credit, deepen financial inclusion, and improve operational efficiency.
Warren Buffett turns 96: Top 10 investing lessons from the Oracle of Omaha
As Warren Buffett turns 96 in his first birthday since stepping down as Berkshire Hathaway's CEO, the piece revisits the investing principles behind his six-decade run
SBI, arm to dilute up to 1% stake in NSE via IPO
The bank is participating in the NSE IPO and will dilute a 0.65 per cent stake in the exchange, SBI Chairman C S Setty told PTI.
SBI, SBI Capital Markets plan 1% NSE stake sale via IPO: Bank Chairman C S Setty
State Bank of India plans to divest nearly one percent of its National Stock Exchange stake. This divestment will occur as part of the exchange's upcoming initial public offering. SBI's mortgage portfolio is projected to surpass ten lakh crore rupees this quarter. The bank holds a significant market share in the home loan segment. Home loans are considered vital for India's overall economic growth.
HDFC Bank CEO search tests governance & investor confidence
HDFC Bank's chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny and recent regulatory issues. The bank's shares have significantly underperformed its peers and the broader market. A new leader must restore investor confidence and address business challenges. The transition is crucial for HDFC Bank's future growth trajectory and standards.
Nifty weekly outlook: Nifty trapped in 23,900-24,750 range; fresh buying should remain selective
Nifty ended the week lower after consolidating in a narrow range, with the broader technical structure remaining unchanged. The index moved between 24,076.85 and 24,378.60, while India VIX declined 4.64% to 10.68. Support remains at 23,900
Mcap of 7 of top 10 most valued firms erodes 1.13 trn, Airtel worst hit
Last week, the BSE benchmark Sensex declined 276.32 points, or 0.35 per cent, and the NSE Nifty dipped 76.35 points, or 0.31 per cent
10 penny stocks zoom up to 119% in just 2 months, 4 turn multibaggers. Did you own any?
Over the past two months, 10 penny stocks delivered gains ranging from 13% to 119%, with four emerging as multibaggers.
FPIs turn buyers for second straight month, invest Rs 30,919 cr in August
During August, foreign portfolio investors added over Rs 30,000 crore to Indian equities, showcasing the ongoing trend of substantial market inflows for the second month in a row. This surge can be attributed to enhancing corporate earnings and a stable economic environment. Furthermore, easing global geopolitical tensions have aided investor optimism, yet uncertainties surrounding crude oil prices and US bond yields remain pressing issues.
7 of top 10 firms shed Rs 1.13 lakh cr in m-cap; Airtel, Reliance worst hit
Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing a reduction of Rs 1.13 lakh crore. The greatest impact was felt by Bharti Airtel and Reliance Industries, linked to concerns over global interest rates and geopolitical instability. Nonetheless, there was robust buying in IT stocks, which facilitated a recovery in the market on Friday.
Sukanya Samriddhi Yojana: Can you open an account if your daughter has turned 10?
Sukanya Samriddhi Yojana has a clear age cut-off for opening new accounts. Know the SSY eligibility rules, deposit limits, maturity period, interest rate and what happens after a girl turns 10.
Market cap: 7 of top-10 most-valued firms lose 1.13 lakh cr; Airtel, Reliance hit hardest
Bharti Airtel valuation tumbles 40,500.85 crore to 11,74,462.30 crore; Reliance Industries drops 40,056.32 crore to 17,38,119.27 crore
Equity mutual funds delivered up to 7% returns last week. Check top 10
Equity mutual funds posted mixed performance last week, with 426 of 621 funds delivering positive returns between August 24 and 29. Nippon India Taiwan Equity Fund topped the list with a 6.56% gain, while the other top performers, including international, healthcare, contra and momentum funds, delivered returns over 2.40%.
India emerges as key petrol supplier to Russia as refinery attacks disrupt fuel supplies
Indian refiners supplies as much as 1 million barrels of gasoline in the last two months. The supplies essentially come from Vadinar refinery in Gujarat, operated by Nayara Energy, which is half owned by Russia's Rosneft
From hidden spare keys to unrecorded ownership, Gurugram-based real estate firm Shail Homes shared what new owners must do immediately to truly secure their new investment.
These 5 flexicap funds delivered up to 15% CAGR in 3 years. Do you own any?
These five flexicap mutual funds delivered strong returns over the past three years, with annualised returns ranging from 18.1% to 20.2%, according to ET Wealth data as of August 19, 2026. Bank of India Flexi Cap Fund topped the list with a 20.2% CAGR, followed closely by Motilal Oswal Flexi Cap Fund at 20.1%.
To maintain coverage and protect No Claim Bonus, vehicle owners should renew their insurance before expiry since delayed renewal can lead to financial repercussions. Timely renewal safeguards against untoward accidents.
The 8th Pay Commission may consider higher annual increments alongside a revised fitment factor. While a higher fitment factor could boost basic pay immediately, 5% or 7% increments may deliver stronger salary growth over time.
Reliance Jio IPO: Google, Meta among 6 investors to retain stakes in Rs 37,700 crore offer
Reliance Industries telecom and digital arm Jio Platforms has secured Sebi approval for its IPO, taking one of Indias most closely watched listings a step closer to the market.
Top 10 investment alternatives that outperformed crypto since 2020. Check list
As crypto markets face heightened volatility, with Bitcoin down 30%, traditional assets have delivered strong gains over the past six years. A Taurex study comparing major US and UK stocks, gold and Dubai real estate found Google, BAE Systems and gold among the top performers, with several technology and defence stocks more than doubling in value between end-2020 and August 12, 2026.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including Indias first-quarter GDP data, US jobs numbers, crude oil prices, institutional flows and global technology sentiment. Analysts expect the Nifty to remain in consolidation, with the technical setup balanced as investors track key resistance and support levels.
A 1 crore home loan for 20 years can cost significantly more as interest rates rise. Here is a simple comparison of EMI, total interest and repayment at rates from 7% to 10%. Before locking in on any home loan offers it is wise to carry out proper due diligence.
Amex Cardholders have until 11:59 PM on 29 September 2026 to maximise the programme.
Can a credit report mistake raise your loan cost? Expert explains what borrowers should know
Credit report mistakes can affect how lenders assess borrowers and potentially influence loan eligibility, interest rates and terms. Heres how to spot inaccurate information, dispute errors and protect your credit profile before borrowing.
Buying life insurance online? Beware of fake policy offers, phishing links and payment scams
Buying life insurance online can expose customers to fake policies, phishing links, payment fraud and impersonation scams. Experts explain the warning signs and simple steps to protect your money, personal information and insurance policy.
A tax notice issued in a deceased taxpayers name should not be ignored by legal heirs. Heres what heirs need to know about registering as a legal representative, responding to notices and handling tax dues or refunds.
Bank holidays this week: Banks will remain open for 5 to 6 days this week. Closed on 4 September for Janmashtami in various cities and on 11 September for elections in Jaipur. Check RBI holiday calendar here.
Smaller lots, bigger stakes: The math behind Indias next wave of airport privatization
After six airports in 2020-21, the government plans to privatize 11 smaller airports next. Here's how the public-private partnership model has transformed Indias aviation market, and what lies ahead.
How to spot IPO red flags before you invest
IPO activity is heating up, but investors need to look beyond the hype. Heres how to use an IPO's red herring propsectus to assess financials, governance, valuation and other warning signs before subscribing.
25,000 monthly savings: How to balance SIPs, stocks and FDs for growth and safety
Investing 25,000 every month? Learn how to balance mutual fund SIPs, stocks, fixed deposits and safer assets based on your financial goals, risk appetite and investment horizon.
HDFC Bank CEO Sashidhar Jagdishan to step down in October
Ending all speculation over extension, Jagdishan has told the board he won't be seeking reappointment. The bank will now fast-track the successor selection process.
On September 1, LPG and ATF prices, along with banking charges, may change. Consumers should check local prices and bank fees to avoid unexpected costs. Important tax deadlines also impact taxpayers, with August 31 being crucial for return filings and Aadhaar authentication.
Subhash Chandra denied accusations regarding a 22,000 crore personal debt, asserting true lender claims are 3,992 crore. Canara Bank, Union Bank, and LIC Housing Finance plan to contest the NCLT's endorsement of a contested repayment arrangement in upcoming NCLAT appeals.
There is increasing demand for education loans from Tier II and III cities, lending data from Kuhoo Finance platform showed. Smaller cities account for 86.5% of applications on the platform, it added.
Dussehra bonus: Central govt employees demand 3x jump in 7,000 payment ceiling
In a letter to the Cabinet Secretary, the National Council highlighted that the central government's revision of the minimum wage to 21,000 per month alters the calculation formula
In September 2026, banks in India will observe holidays based on regional celebrations, as per the RBI calendar. Customers should confirm local bank schedules before visiting, as not all holidays apply nationwide. Digital services remain available during closures.
EPFO 3.0: Centralised database, more digital and online withdrawal options through UPI and ATM, quicker settlement times and more. Here's a look at the key features, and what changes for subscribers
UPI transaction limits explained: From 1,000 to 5 lakh, how much can you transfer?
NPCI and the RBI have permitted higher transaction limits for certain categories. These include tax payments, initial public offerings (IPOs), hospitals and educational institutions, among others
HDFC Bank CEO Sashidhar Jagdishan set to retire: Finance manager 'Sashi' who rose to corner office
HDFC Bank CEO Sashidhar Jagdishan will not seek reappointment after his term ends this October. He conveyed this decision to the board despite their persuasion efforts. The bank will now fast-track the process of selecting his successor. Jagdishan's tenure included overseeing the significant merger with HDFC Ltd. His departure marks the end of a nearly three-decade association with the institution.
8th pay commission meeting in Jaipur on Monday Here is what's on the agenda and latest updates
The 8th pay commission has scheduled a meeting in Jaipur from 31 August to 1 September to consult with employee groups and stakeholders before finalising recommendations. The announcement is expected latest by May 2027.
Private credit offers up to 22% returns: Why the advertised gains may not be what you get
Private credit offers higher returns but entails significant risks compared to traditional debt investments. Investors must evaluate underwriting practices, fund performance, and fees, while being mindful of liquidity and the impact of taxes on returns.
Can Indias Grid Handle the Renewable Energy Surge?
A Mumbai ITAT ruling has clarified how Section 54 applies when taxpayers invest in two adjacent flats. The Tribunals finding on their amalgamation could offer an important distinction from the rule governing investment in two separate residential houses.
Got 1 crore in ESOPs? You may need 22 lakh upfront before you can cash out
Falling valuations coupled with delayed exits decrease certainty regarding when and at what price shares can be monetized
Prataap Snacks completes acquisition of RLOP Food Processing
Consequent to the completion of the acquisition, target company has become a wholly-owned subsidiary of the Company.
HDFC Bank CEO Sashidhar Jagdishan to retire in October, will not seek reappointment
HDFC Bank's Chief Executive Sashidhar Jagdishan will retire in October. He has decided not to seek reappointment when his current term ends. The bank's board accepted his decision after persuasion efforts failed. Mr. Jagdishan will step down from his services on October 26, 2026. This announcement was made by the lender in a stock exchange filing.
NRI inheritance: You live abroad, your assets are in India which country's laws decide who inherits?
Under Indian law, asset classification dictates which legal framework applies when someone dies without a will (intestate)
Innovision receives Manambadi fee plaza toll collection contract
In State of Tamil Nadu
Board of Parmax Pharma approves preferential issue of shares and warrants
At meeting held on 29 August 2026
Chemtech Industrial Valves board approves alteration of object clause of MoA
At meeting held on 29 August 2026
Troubled Essel Group and Zee founder Subhash Chandra has claimed that he is running expenses from income generated by renting out a portion of a small residential house that he owns. Here's what we know
Transformers and Rectifiers (India) bags large order from MEIL
Transformers and Rectifiers (India) announced that it has received a purchase order from Megha Engineering and Infrastructures (MEIL) for manufacturing transformers and related works.
Blackstone offers to sell up to 25% of India's Knowledge REIT for over $1 billion
Blackstone is looking to sell a stake of up to 25.03 percent in Knowledge Realty Trust. This offer encompasses both a base stake and an oversubscription option. The base price has been established at 108 rupees per unit. Knowledge Realty Trust, supported by Blackstone and Sattva Group, manages a diverse portfolio of assets. Since its listing in August 2025, the REIT has experienced moderate growth.
Sebi bars Trafiksol ITS, its promoters from securities market for 1 year; slaps Rs 1.05 cr fine
Sebi has taken decisive action against Trafiksol and its promoters, imposing a one-year ban from the securities market. The company and its directors face penalties totaling Rs 1.05 crore after being found in serious breach of regulations concerning financial disclosures and the allocation of IPO funds. The decision comes in light of complaints regarding Trafiksol's SME IPO, which was significantly oversubscribed at a rate of 345.
Rima invests in PPF, while Seema opts for an equity SIP. Rima's corpus may reach 32.5 lakh after 15 years, tax-free. Seemas final amount fluctuates based on market returns, potentially achieving up to 46 lakh after tax, highlighting differing investment risk and reward dynamics.
If the collective total of specified excluded pay items exceeds 50% of an employees total compensation, any amount over that 50% mark will automatically be reclassified and treated as wages
MCX logs record daily turnover of Rs 62.93 lakh crore amid strong activity
MCX recorded its highest-ever daily turnover of Rs 62.93 lakh crore on August 28, driven largely by options activity across more than 3.13 crore contracts. The record comes as the exchange strengthens its physical-derivatives market linkage through standardised delivery norms, supporting greater participation, hedging and depth in commodity markets.
Turnover on MCX hits new high at 62.39 lakh crore
Total futures and options turnover stood at 62,93,465 crore, across more than 3.13 crore contracts; options accounted for 61,84,516 crore of turnover, while futures contributed 1,08,949 crore
GST Council's 57th meeting to be held on September 12, officers' meeting on September 11
The 57th Goods and Services Tax Council meeting will convene on September 12, 2026. An Officers' Meeting will precede it on September 11 in New Delhi. Details regarding the venue and agenda will be communicated shortly. The memorandum has been sent to various government offices and state finance ministers. The GST Council is India's apex indirect tax decision-making body.
Paul Blacks 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black
Zee founder Subhash Chandra's next move: An investment job in Switzerland
Subhash Chandra plans a professional role with Swiss investment firms. He will use his remaining Rs 6.5 crore for a repayment plan. Creditors will recover a fraction of their Rs 22,006.57 crore claims. The insolvency case stemmed from a personal guarantee for a loan default. Chandra expressed confidence in earning again and pursuing new ventures.
Silver rebounds from correction: Can the recovery gain momentum?
Silver has rebounded sharply from its recent correction, supported by golds rally, a weaker US dollar and expectations of stronger industrial demand. While tight supply and growing use in solar, electronics and electric vehicles offer long-term support, shifting monetary policy, global growth concerns and elevated volatility could limit near-term gains.
Govt eases 5G radiation limits, says report | Will new EMF rules help telecom operators cut costs?
India is set to raise the permitted 5G radiation limit from 5 to 10 watts per sq m, aligning with global norms. The move could help telecom operators expand coverage with fewer towers and reduce network deployment costs, reports said.
John Cockerill India bags Rs 200-cr order from A1 Iron & Steel Tanzania
John Cockerill India secured an order worth approximately Rs 200 crore from A1 Iron & Steel Tanzania for steel processing equipment at its plant in Dodoma, Tanzania.
The Public Provident Fund (PPF) is a government-backed savings scheme in India with a 15-year lock-in period. Check rules, eligibility, and guidelines that NRIs must know about this post office savings scheme.
Bitcoin falls below $78,000 as crypto market faces correction after Warshs Jackson Hole comments
Bitcoin and Ethereum extended their declines as crypto markets remained under pressure following Kevin Warsh
Reliance Jio
In your 20s? Follow these 5 simple money rules to build a strong financial future
Check out five simple money rules for your 20s, including budgeting, building an emergency fund, investing early. These practical personal finance tips can help young earners develop stronger financial habits and prepare for future goals.
Nifty and Nifty Bank Prediction for the week 31 Aug'26 to 04 Sep26 by BL GURU
SCSS + RBI Floating Rate Bonds: Check how 50 lakh can generate 4.07 lakh a year for seniors
A 50 lakh retirement corpus split between SCSS and RBI Floating Rate Savings Bonds can generate around 4.07 lakh annual interest before tax, offering senior citizens predictable income and staggered payouts.
Meta Infotech bags Rs 4-cr renewal order from private sector bank
Meta Infotech announced that it has received a renewal order worth Rs 4.08 crore from a private sector bank for providing sustenance services for the period from April 1, 2026 to March 31, 2027.
Vedanta, Wipro among 10 stocks that saw biggest jump in retail holders in Q1. See full list
Vedanta, Wipro and Bajaj Auto were among the stocks that saw the biggest additions to their retail shareholder base in Q1FY27, with several large companies witnessing strong retail participation.
DA hike explained: How much will your salary actually increase? Heres the simple calculation
A DA hike of 3 percent or 4 percent does not mean an employees total salary will rise by the same percentage. Here we explain how to calculate your salary after a hike.
