33 C 
Monarch Mutual Fund set to enter MF space with maiden overnight fund; files draft with Sebi
Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme targets low risk, high liquidity and overnight-rate-linked returns, with Sanjay Motta as fund manager.
Top 5 India-focused offshore equity funds and ETFs in Q1FY27. Check details
India-focused offshore funds and ETFs delivered returns of up to 32.7% over three months, outperforming the MSCI India USD Index, which fell 12%. Taishin India led gains, followed by Aditya BSL, SBI Resurgent India Opportunities, AsahiLife Neuberger and Wasatch.
Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflows, while longer-duration categories saw redemptions. Experts said flows reflected seasonal treasury movements and continued preference for liquidity.
Good news: Save huge tax penalty as CBDT notifies Foreign Assets of Small Taxpayers disclosure scheme rules; Know who can use it by December 31, 2026. Know how much tax you need to pay.
Mutual funds deployed over Rs 9,700 crore across 11 IPOs in July. Check key details
Mutual funds invested nearly Rs 9,789 crore across 11 IPOs in July, with INDO-MIM attracting the highest allocation at Rs 3,622 crore, followed by SBI Funds Management and Manipal Health Enterprises, highlighting strong institutional appetite.
UK Renters Act: If the tenancy agreement had an end date, it will no longer apply as fixed term tenancy is not allowed; Know how it impacts landlords and tenants
S&P Global Ratings assigns IDFC First Bank investment grade rating
The rating agency observed that regular capital raisings, improved profitability, and a low dividend payout should support IDFC First Banks capitalization
Life insurance: Average annual premium per policy grew 42.6% in last 5 years in India
An analysis of life insurance business data for FY21FY25 compiled by the Insurance Information Bureau (IIB) of India has pointed to an encouraging shift in the countrys protection landscape
A life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowingly concealed this information. The consumer commission ruled that insurers must prove conscious concealment, not just non-disclosure. Tata AIA Life Insurance was ordered to pay the Rs 1 crore death claim. This case highlights the need for insurers to provide evidence of deliberate suppression.
Independence Day bank holiday: Are banks open or closed on August 15? Check status
Bank holiday today: Cstomers are advised to check local holiday schedules, as state-specific holidays may further impact branch operations throughout the month. With regional festivals leading to varying closures in different states, it ensures employees can take time off for significant national and local events.
Q1 Results Today, 14th August 2026 Highlights: Follow Q1FY27 highlights from businessline
Robust accretion to FCNR-B deposits: RBI decides to pull the plug on concessional swap facility
The concessional swap facility will now be available only for FCNR(B) deposits of 3-5 years maturity mobilised till August 31, against the earlier deadline of September 30
Health insurance reforms must go beyond rates to address the cost of care: Industry experts
Standardising costs across private and government hospitals could help keep expenditure on tertiary and super-speciality care within manageable limits
Newtap Finance gets CRISIL A-rating on back of disciplined growth
As of March 31, 2026, Newtaps managed loan portfolio stood at 4,582 crore, with on-book assets under management of 859 crore
The Latest Fixed Deposit Interest Rates: Aug 14, 2026
The Latest Fixed Deposit Interest Rates: Aug 14, 2026
PNB signs three-year deal with GYFTR to boost credit card engagement
Under the deal, GYFTR will design, build and operate a white-label digital platform
Juhu is one of the top localities in Mumbai by property prices too. The average asking price here is Rs 45,000 per sq. ft. The data further shows that property prices in the Juhu Road micromarket have shown a steady growth over the last year, according to Square Yards data. Rates in the micromarket jumped from Rs 33,100 per sq ft in September 2025 to Rs 35,900 per sq ft by June 2026.
Can NRIs invest in National Savings Certificate (NSC) and avail tax benefits?
The National Saving Certificate (NSC) is one of the popular small savings schemes among Indians investors with a low-risk appetite as the scheme is backed by the government and offers an attractive interest rate of 7.7%. The NSC scheme is available only to resident citizens of India.
Rs 1,322 cr leaves Largecaps in July. Is Investor Money Moving to Midcaps?
Investors are rebalancing within equity portfolios rather than making a wholesale shift towards defensive assets, says CEO of Anand Rathi Wealth
Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks including Cochin Shipyard, UPL and IPCA Laboratories. The fund also increased exposure to six stocks, including Adani Energy Solutions and Indus Towers. Its portfolio expanded to 23 stocks, with AUM at Rs 8,106 crore.
Waiting for higher EPFO pension? Govt announces 4 steps to speed up claims
Measures include online regional monitoring and regular reviews, but no fresh deadline has been set for pending claims.
Kotak said the proposed framework could affect HFCs that currently use an internal prime lending rate (PLR) and offer home loans at a discount to the benchmark
Air India Express sale: Save up to 20% on flights; how to get extra 10% off
Bookings are open until 16 August 2026 for travel between 16 August 2026 and 31 October 2026
Gold rates today: Here is a look at the latest 22k gold jewellery prices at Tanishq, Joyalukkas, Malabar Gold & Diamonds and Kalyan Jewellers, along with India Bullion and Jewellers Associations (IBJA) indicative rates for different gold purities and 999-purity silver.
EPFO member alert: Over the past four years, inoperative Employees Provident Fund accounts have surged by eighty-four percent, with inactive balances witnessing a dramatic increase of one hundred sixteen percent. Furthermore, the average amount in these dormant accounts rose by sixteen percent. This trend indicates that many members are neglecting to file their claims after leaving service. To address this, the government is implementing steps to identify and revive these inactive accounts.
JioBlackRock Mutual Fund files draft with Sebi for balanced advantage fund
JioBlackRock Mutual Fund has filed a draft with Sebi for a Balanced Advantage Fund investing dynamically in equity and debt. The scheme will allocate 65-90% to equities and 10-35% to debt. It will offer regular and direct plans, with a Rs 500 minimum investment, and use BlackRocks Aladdin technology for portfolio construction.
ICICI joins Indian banks chasing dollar loans, swelling demand
ICICI Bank has launched a syndicated offshore loan of about $1.45 billion, with a margin of 110 basis points over the US benchmark Secured Overnight Financing Rate
Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on Friday
Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.
In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of minimal investment from fund managers. Analysts believe this surge is mainly driven by valuation factors, highlighting a cautious approach from growth investors who are wary of AI's potential effects on IT services. Current SIP investors are encouraged to remain invested, while newcomers should adopt a strategic method.
NRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case in ITAT Ahmedabad
Tax notice for using NRE a/c to buy property...
Best value funds to invest in August 2026
According to mutual fund managers, investors should invest a maximum of 20% in value funds. They also should remember that the market may not always pay a premium for value stocks.
TCS Share Price Live Updates: TCS Price and Returns Overview
Q1 Results Today, 14th August 2026 Live Updates: Follow Q1FY27 live updates from businessline
The Gen Z spending myth busted: Data show what 5.2 lakh salaried Indians are spending on
The RBI Governor highlighted the pivotal role central banks play in maintaining price and financial stability
Apollo Hospital Share Price Live Updates: Apollo Hospital's Daily Performance
Dr Reddys Share Price Live Updates: Dr. Reddys reports a decrease in stock price
Employee to get Rs 5 lakh compensation after proving employer terminated him due to pendency of criminal cases; SC order explained. Know how he won.
Bajaj Auto Share Price Live Updates: Bajaj Auto Stock Performance
Coal India Share Price Live Updates: Coal India Current Market Status
M&M Share Price Live Updates: M&M News
L&T Share Price Live Updates: L&T Stock Details
Adani Ent Share Price Live Updates: Adani Ent. Stock Details
NTPC Share Price Live Updates: NTPC's Financial Snapshot
Wipro Share Price Live Updates: Wipro Experiences Positive Price Breakout
IndusInd Bank Share Price Live Updates: IndusInd Bank's Price Movement Today
Bajaj Finserv Share Price Live Updates: Bajaj Finserv Stock Details
HDFC Life Share Price Live Updates: HDFC Life's Stock Performance
ICICI Bank Share Price Live Updates: ICICI Bank's Price Movement Analysis
US 30-year Treasury yield tops 5.2%, hitting highest borrowing cost since 2001
The landmark auction underscores growing pressure on Washington as investors demand greater compensation for holding long-term government debt amid fiscal uncertainty
MFs cut PSU bank exposure, raise bets on IT, auto & pharma in July
In July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals for increased investments. Notably, financial services, particularly non-banking financial companies (NBFCs) and private lenders, received a surge in fund inflows. Conversely, stakes in public sector banks such as SBI and Bank of Baroda saw a decline, a strategic choice that underscores a preference for industries with stronger earnings visibility.
Fino Payments Bankslips into the red
Reports net loss of 13.72 crore in Q1FY27
GIC Res Q1FY26 standalone net profit up 10% at 1,922 crore
Income from investments was about 4 per cent lower at 2,171 crore
Over their lifetimes, the 10 best-funded companies in the ecosystem have raised about $9.4 billion
Indian Bank disburses 1,220 crore under Retail, Agriculture and MSME (RAM) segments
Of the total sanctions, the MSME segment accounted for 615 crore
Muthoot Microfineyeing micro-LAP focussed NBFCs for acquisition, plans to raise 500 cr via QIP
Company posted 81.3 crore first quarter net profit
Bajaj General Insurance rolls out special motor cover for defence personnel
ProShield is a dedicated solution created to support military personnel by offering protection, convenience, and reliable financial assistance
Galaxy Health Insurance enters travel insurance segment with launch of new product
Product designed for Indians travelling overseas for leisure, business, education and employment
Motor insurance is undergoing a transformation! Bajaj General Insurance introduces ProShield, specifically designed for defence personnel to assist with relocation and travel emergencies. Meanwhile, VPAY 2.0 is here to safeguard connected, electric, and hybrid vehicles from cyber threats, breakdowns, and fuel-related challenges. Explore how these innovative policies provide extensive protection that extends well beyond conventional accident coverage.
Life insurers' new business premium rises 21% to 47,005 crore in July; policy count nearly flat
The divergence was largely driven by group single-premium business. Industry-wide group single premium jumped 30.9 per cent to 27,857.01 crore in July from 21,280.53 crore a year ago
ICICI Prudential Life Insurance has unveiled the ICICI Pru iProtect Smart Her, a dedicated term plan tailored for women. This plan features a 15% lifetime discount on premiums, an option for a pregnancy break to enhance financial management, and various health benefits specifically for women.
Credit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, HDFC, SBI, PNB, IDFC First and Bank of Baroda offering complimentary domestic and international lounge visits, with some having no minimum spend criteria. Check out these 7 debit cards that offer lounge access.
FCNR (B) interest rate: Government backing for FCNR (B) deposits greatly boosts returns for investors. Presently, banks are providing enticing interest rates for foreign currency fixed deposits. These deposit options are particularly advantageous for Non-Resident Indians and Overseas Citizens.
Will my SIP of Rs 40,000 be enough to get Rs 40 lakh for my daughters wedding?
ET Wealth Reader's Query: I am 52 and have been investing Rs 40,000 a month through SIPs in diversified equity mutual funds for the past 10 years. My daughters wedding is expected in about four years, and I estimate the expense at around Rs 40 lakh. Should I continue investing entirely in equity funds, or should I gradually start shifting part of my corpus to debt funds to protect it from market volatility? If so, when should I begin the transition and what would be an appropriate strategy?
Tata Motors PV Q1 Results: Net profit plunges 80% YoY to Rs 775 crore, revenue rises 9%
Tata Motors PV Q1 Results: Tata Motors Passenger Vehicles on Thursday reported a consolidated net profit of Rs 775 crore for the April-June quarter of FY27, marking more than 80% year-on-year decline from the Rs 3,924 crore in the same period last year.
India's Gen Z turns to crypto as gateway to investing, WazirX data shows
India's Gen Z is entering financial markets earlier and increasingly using cryptocurrency as a gateway to investing, while showing a preference for diversified portfolios and a willingness to stay invested through market volatility, data from crypto exchange WazirX showed. Nearly 44.4 per cent of Gen Z investors on the platform began their investment journey through crypto, suggesting that a large share of young investors are entering financial markets through digital assets rather than adding crypto to established portfolios. The median age of Gen Z investors on WazirX is 25, while the generation accounted for 72 per cent of all new investors on the platform in the first half of 2026. Gen Z also made up 32.1 per cent of active traders, the company said. The trend is spreading beyond India's largest cities. Nearly 80 per cent of WazirX's Gen Z users come from outside the country's top 10 cities, highlighting the growing participation of investors from Tier-2 and Tier-3 centres. Mumb
Mutual funds increase cash allocation by over Rs 7,800 crore in July to Rs 1.90 lakh crore
Mutual funds boosted cash holdings by over Rs 7,856 crore in July. PPFAS Mutual Fund held the largest cash reserve at Rs 25,291 crore. This fund house has three equity-oriented funds in its portfolio. Rajeev Thakkar noted cash levels have fallen from a peak of 25%. Other fund houses like SBI and HDFC also maintained significant cash reserves.
Gen Z turns to crypto as gateway to investing, WazirX data shows
Indias Gen Z is entering financial markets earlier, with crypto emerging as a gateway to investing. WazirX data shows young investors favour diversified portfolios and are increasingly coming from Tier II and Tier III cities.
Iran to join BRICS development bank soon, central bank governor says
Which sectors attracted mutual fund interest in July? Check details
Mutual funds increased their exposure to technology, automobiles, e-commerce, healthcare, NBFC-lending and telecom sectors in July, while reducing weights in private banks, capital goods, utilities, oil & gas and other sectors.
FCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging strategies. However, experts warn that investors must be aware of currency and liquidity risks. While leverage can enhance profits, it can also lead to considerable financial losses. Additionally, taxation can bite into returns, so a careful assessment of post-tax returns and risks is essential before investing.
INDO-MIM, Ather Energy and TCS among stocks bought and sold by mutual funds in July
Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling. Buying remained strong across large, mid and smallcap segments, reflecting active portfolio repositioning by fund managers.
SIF AUM jumps 30% to Rs 23,177 crore in July; inflows rise 30% MoM: Report
SIF assets under management rose 30% month-on-month to Rs 23,177 crore in July 2026, while inflows also jumped 30% to Rs 4,922 crore. Hybrid Long-Short Funds dominated the segment, accounting for 66% of total SIF AUM.
EPS pension: Will minimum pension rise from 1,000 to 7,500? Latest update
Gold rates today:Here is a look at the latest 22k gold jewellery prices at Tanishq, Joyalukkas, Malabar Gold & Diamonds and Kalyan Jewellers across major cities such as Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Thiruvananthapuram.
Mutual fund SIP stoppage ratio fell to 81.87% in July from 91.23% in June, marking the third consecutive monthly decline. New SIP registrations outpaced discontinued or completed SIPs, while monthly inflows rose 12% year-on-year to Rs 31,961 crore, signalling continued investor preference for systematic and disciplined investing.
Indias financial sector saw some large foreign investments in recent months. Heres a list
Mergers and acquisitions from foreign investors into Indias financial sector totalled $11.7 billion in 2025, according to Grant Thornton
RBI turns upbeat as worst of Iran war shock recedes
Indias economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within the RBIs tolerance band, while vehicle sales, credit growth and GST receipts point to firm demand. Strong corporate balance sheets and festive-season spending are further bolstering optimism despite renewed oil and currency risks.
Property buyers gave Rs 54 lakh to property dealer who deposited it in his own bank a/c; dealer gets tax notice, he fights and wins case in ITAT Delhi; Know why
Retirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It's crucial to identify which income streams are subject to taxation and which advantages remain untaxed to prevent errors and manage your finances wisely. Learn strategies to legally minimize your tax responsibilities after retirement and bolster your financial stability.
Have over Rs 1 crore cash to invest? Expert suggests portfolio for retirement, childrens goals
An investment advisor recommends a tailored strategy for a surplus of Rs 1.31 crore, focusing on balancing risk and stability for retirement aspirations. This plan involves a staggered investment approach via a systematic transfer plan (STP) spanning four to seven years. The proposed portfolio diversifies into equity, hybrid funds, arbitrage, and gold investments, aiming for capital growth while safeguarding assets as retirement approaches.
Best focused mutual funds to invest in August 2026
According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors. If that investment strategy appeals to you, you can get to know more about focused equity schemes.
Q1 Results Today, 13th August 2026 Live Updates: Follow Q1FY27 live updates from businessline
NRI estate planning: The 8 steps that decide whether your family inherits peace or a legal nightmare
Buy or Hold? Here's how analysts are rating 7 midcap stocks from Delhivery to Cera
SBI raises $500 million overseas as strong investor demand sharply cuts spread
Strong investor appetite helped SBI tighten pricing by 32 bps from the initial guidance of 120 bps, resulting in a final spread of 88 bps over US Treasuries
NaBFID plans $3-4 billion ECB raise to support infrastructure financing
The infrastructure financier expects domestic long-term savings to play a bigger role in funding projects and other long-duration assets
Defaulted on your loan? Here's what banks can legally do and what they can't
Missing a single loan EMI doesn't lead to immediate bank intervention; instead, lenders often issue reminder calls and formal notices first. For secured loans, repossession of assets follows legal procedure, while unsecured loans depend on collection efforts. Recovery agents must uphold borrower dignity, refraining from harassment. Engaging proactively with lenders can facilitate loan restructuring and help preserve your credit score from significant damage.
