31 C 
Muthoot Fincorps Q1FY27 net profit soars about 4 times to 705 cr
NBFCs bottomline boosted by a jump in net interest income and gains made from sale/assignment ofloan portfolio
IN-SPACe proposes 500 crore third-party insurance cover for space launches
The third party damage insurance framework will likely be part of Indian Space Activity Bill
Developments on the SR front come in the wake of robust credit growth and lenders stepping up vigil on asset quality
Segment records 600% y-o-y growth in customers in Q1; available across 300 cities
Punjab & Sind Bank exploring QIP option to raise funds, bring down govt holding: MD Saha
Currently, the government holds a 93.85% stake in Delhi-headquartered Punjab & Sind Bank
PPFAS Mutual Fund among 6 MFs holding over Rs 10,000 crore in cash in July
Mutual funds raised their cash holdings by Rs 7,856 crore to Rs 1.90 lakh crore in July, recovering from a 19-month low in June. PPFAS held the most cash at Rs 25,291 crore, followed by SBI and HDFC Mutual Fund.
Mutual fund NFOs: 8 new funds to open for subscription this week. Check key details
Eight new mutual funds are set to open for subscription this week, with five launching on August 17. The NFO lineup spans fund-of-funds, multi-asset, flexi-cap, healthcare, silver ETF and debt categories, with minimum investments ranging from Rs 100 to Rs 5,000.
Physicswallah among top 5 smallcap stocks facing highest mutual fund selling in July
Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance and Physicswallah were the other major names on the list, according to Motilal Oswal Financial Services. Monthly shareholding changes ranged from a 10.5% decline to an 8.5% increase.
Equity mutual funds delivered up to 6% return last week. Check top 5 gainers
Equity mutual funds delivered returns of up to nearly 6% during August 1015, led by international schemes. Invesco IndiaInvesco Global Consumer Trends FoF topped the list with 5.59%, followed by Nippon India Taiwan Equity Fund at 5.49%.
PhonePe widens lead as UPI transactions climb to 23.66 billion in July
Paytm remained the third-largest player. Its monthly transaction count increased to 1.90 billion from 1.80 billion in June
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.
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
FD rate up to 8.05% for senior citizens investing for five years; Know list of banks
Fixed Deposit (FD) rate for senior citizens investing for five years. The article has a chart using which you can compare the top banks which is giving such high interest rate on FDs. Also know about when you can prevent TDS deduction from FD using Form 15H (senior citizens only).
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
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 Home Loan Interest Rates: Aug 14, 2026
The Latest Home Loan Interest Rates: Aug 14, 2026
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.
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
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
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
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
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
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
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
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
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
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
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.
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
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
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.
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
