28 C 
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
Mutual funds completely exited six stocks in July, led by JB Chemicals & Pharmaceuticals with Rs 6,741 crore worth of shares sold. Other exits included RK Swamy, Reliance Infrastructure, One MobiKwik System, Salzer Electronics and Gayatri Biorganics, according to Prime Databases monthly portfolio data.
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
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.
Got message to pay Rs 6,000 in tax? It may be fake
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
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
Grasim Inds Share Price Live Updates: Grasim Inds. News
Dr Reddys Share Price Live Updates: Dr. Reddys reports a decrease in stock price
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
Nestle India Share Price Live Updates: Nestle India stock shows minor fluctuation
Wipro Share Price Live Updates: Wipro Experiences Positive Price Breakout
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
Bank of Baroda concludes issuance of 3, 5-yearbonds aggregating $700 million
ICICI Bank completes issuance of $300 million Senior Unsecured Fixed Rate Notes
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
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
Fintech startup Navi said to hire banks for 3,000 crore IPO
The IPO is expected to comprise a primary share sale, with no secondary offering by existing shareholders, the people said. Navi is seeking a valuation of as much as $2 billion and is targeting to file the prospectus by December
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.
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.
The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparency to lending practices. Floating rate loans will see increased transparency and stricter reset periods. Personal and MSME loans from commercial banks must link to external benchmarks. These proposed changes are expected to take effect from April 1, 2027.
Iran to join BRICS development bank soon, central bank governor says
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.
Builder used coercive bargaining and paid Rs 18 lakh less as refund to homebuyers for cancellation of allotment under full and final settlement; HC rejects settlement and orders full refund with interest to homebuyers
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
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
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.
AvenuesAI net profit rises 45%, targets 13,000 crore revenue in FY27
The fintech firm is targeting faster growth through Rediff, US payments expansion and an AI-led transaction intelligence platform called TISco.
Bank of America to acquire up to 49.9% stake in Jio Credit for 18,268 crore
Jio Credit is betting on digital innovation and fresh capital to transform credit delivery across India
Mufin Green Finance posts 346% PBT jump in Q1 FY27, stock hits 52-week high
Mediclaim financing vertical delivers its strongest quarterly performance to date
ICICI Direct adds real-time auction price display to trading platforms
The feature allows investors to track demand and supply dynamics in real time before the market officially closes, and is intended to help them assess portfolio and derivatives positions ahead of the final settlement price
RBI unveils harmonised draft Directions on interest rates on loans for all lenders
Indel Money planning to raise up to 500 cr via public issue of NCDs
The minimum application size is 10,000 across all Series of NCDs and in multiples of 1,000 thereafter
Finance Ministry weighs tiered MDR and subsidies phase-out for high-value UPI payments
The proposals include reintroducing merchant discount rates (MDR) on high-value transactions and establishing a tiered incentive structure to phase out government subsidies over the next few years.
NFO Alert: Zerodha Fund House launches arbitrage fund
Zerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives price gaps. The NFO closes August 14, with the fund designed for relatively low-volatility, tax-efficient short-term cash parking and conservative investors.
Karnataka Bandh on August 13, 2026: Are banks open or closed on Thursday? Check bank holiday status
Bank customers in Karanata may be wondering whether the statewide bandh will affect their offline banking services. Pro-Kannada organisations have called for a Karnataka bandh over the Cauvery water dispute, while also demanding progress on some projects in Karnataka.
For Non-Resident Indians, establishing a retirement corpus back home is simplified with the National Pension System. NRIs can open a Tier-I account, the essential foundation for retirement savings. Contributions are permitted from NRE and NRO accounts, facilitating smooth repatriation. Subscribers enjoy a range of investment choices, spanning equity, corporate bonds, and government securities, and can opt for either active or automated investment management in line with their risk appetite.
Parag Parikh Flexi Cap Fund hikes stakes in HCL Tech, Maruti Suzuki in July. Check details
Five largecap mutual funds delivered strong three-year annualised returns of 13.414.5%, led by Taurus and Invesco. Meanwhile, five laggards posted single-digit annualised gains ranging from 7.7% to 9%.
FCNR inflows may push FY27 loan growth to 16%; weaker-liability banks to benefit: Report
Brokerages noted that banks had mobilised $36.7 billion in fresh FCNR deposits as of July 31, surpassing $24.5 billion mobilised during the entire 2013 window, which represented 2% of system deposits and 9% of FCA
When will government issue plastic currency notes? Minister reveals this in Parliament
The circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the Reserve Bank of India's governor following a recent policy meeting. The government has greenlit the RBI's proposal for field trials, with the procurement of these polymer banknotes currently underway. However, specific details regarding the launch date and associated costs remain undisclosed.
India plans insurance reforms to rein in healthcare costs, sources say
India is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide claims exchange, sources said. A regulatory panel is expected to submit recommendations by year-end as authorities seek to curb medical inflation, reduce fraudulent claims and encourage greater insurance coverage across the country.
Overseas pensioners encounter challenges when submitting digital life certificates due to issues with authentication and internet connectivity. Bharat Pensioners Samaj suggests that the government accept verified life certificates through registered email IDs, aiming to make the process easier for elderly pensioners living abroad. They point out that a similar digital solution works for Defence pensioners, urging the implementation of this additional option ahead of the upcoming submission deadline.
Will 8thPay Commission submit its report before 18-month deadline? Minister clarifies
8th Pay Commission news: The 8th Pay Commission is currently engaging with various stakeholders regarding issues related to pay and pensions. The findings are expected to be submitted within 18 months of its formation. Led by chairperson Justice Ranjana Prakash Desai, this initiative aims to benefit nearly 35.77 lakh civilian employees and 33.76 lakh pensioners. Modifications to guidelines for consultant involvement have been introduced by the commission.
SBI uses AI to underwrite nearly 1 lakh cr in MSME loans in FY26
SBI Managing Director Rama Mohan Rao Amara says the bank is also deploying artificial intelligence, including Large Language Models, to automate processing of cheques up to 10,000.
Gold rates today: If you are planning to buy gold jewellery, here is a look at the latest 22K gold rates at Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers across major cities.
