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Updated scale-based regulations for NBFCs: Tata Sons may be required to list

No material change in RBIs NBFC norms; revised directions merely clarify public funds definition

The Hindu Businessline 2 Jul 2026 10:06 pm

BoB to pay $600 m in out-of-court settlement with UAE-based NMC Health

This is to avoid prolonged litigation, uncertainty and associated costs

The Hindu Businessline 2 Jul 2026 10:05 pm

Bank of Baroda reports 15% increase in global business

Domestic deposits up 14.74%, advances rise 16.14% with strong retail growth

The Hindu Businessline 2 Jul 2026 9:30 pm

JioBlackRock to offer full MF bouquet in 3 years; plans more SIFs, ETFs, GIFT City products

Jio BlackRock is set to significantly expand its mutual fund offerings over the next three years, venturing into more specialized investment funds (SIFs), ETFs, and offshore products via GIFT City. Following the launch of its Prism Hybrid Long-Short fund, the company plans another SIF in the equity long-short category soon. ETFs are also on the horizon, promising wider access to global investment strategies for Indian investors.

The Economic Times 2 Jul 2026 5:56 pm

AI to drive reskilling in IT sector but job loss fears misplaced: Axis Bank chief economist

Neelkanth Mishra sees services exports growing strongly despite AI shifts in industry structure

The Hindu Businessline 2 Jul 2026 5:44 pm

India emerges as worlds most tokenised market for online card payments: Visa

Over 900 million tokens in circulation as country enters new phase of trust and security in digital payments

The Hindu Businessline 2 Jul 2026 5:40 pm

8th Pay Commission: How higher HRA, TPTA, and family units may raise Level 1 employee's salary by 65%

8th Pay Commission salary calculator: Central government employee unions are pushing for significant changes in the 8th Pay Commission, demanding higher family unit counts, increased House Rent Allowance (HRA) and Transport Allowance (TPTA), and the merger of Dearness Allowance (DA) with basic pay. These bodies argue current provisions are insufficient for low-level employees, especially in major cities.

The Economic Times 2 Jul 2026 5:09 pm

PBPartners ropes in 5 lakh partners in 5 years

The number of cities covered has grown to 703, up from 167 over the past five years

The Hindu Businessline 2 Jul 2026 4:35 pm

BoB settles case with NMC Health for $600 million

All claims, causes of action, etc. between them have been resolved without admission of liability or wrongdoing

The Hindu Businessline 2 Jul 2026 4:25 pm

India's private credit market doubles to $25 bn in 5 years: Moody's

Although still small by global standards, India's private credit market has significant headroom to grow, supported by expanding financing needs and the country's robust macroeconomic momentum

The Hindu Businessline 2 Jul 2026 4:20 pm

How traders are choosing FTMO alternatives that match their trading style

Traders are increasingly exploring FTMO alternatives as prop trading firms proliferate. These firms offer diverse evaluation systems, trading rules, and payout structures, catering to individual risk appetites and trading styles. Understanding how these models align with your strategy, rather than just brand recognition, is crucial for success in the funded trading space.

The Economic Times 2 Jul 2026 4:00 pm

Man dies in motor accident, family seeks Rs 2.25 crore in damages: Here's why SC fixes fair compensation based on his ITR, sets a precedent

Manoranjan Pandey, who lost his life in the tragic accident in 2018, was the sole breadwinner of his family, according to the 2019 appeal filed in the Behrampur Motor Accident Claims Tribunal, and was running his own construction business and earning Rs 15 lakh per annum. Based on this, the claimant-appellants had sought a compensation to the tune of Rs 2.25 crore.

The Economic Times 2 Jul 2026 3:55 pm

Made less than Rs 1.25 lakh LTCG from equities this year, do you need to file ITR?

Even if your long-term capital gains from stocks are under Rs 1.25 lakh, you must still file your Income Tax Return for AY 2026-27. While this amount is tax-exempt, the Income Tax Department requires you to report these gains. Failure to disclose can lead to issues. Learn how to correctly report these gains in your ITR.

The Economic Times 2 Jul 2026 3:31 pm

ADB approves $182.89 million loan to boost Karnataka's public schools, establish 500 clusters

The ADB bank has approved a loan to establish 500 integrated public school clusters in Karnataka, providing education from pre-primary to secondary levels

The Hindu Businessline 2 Jul 2026 3:13 pm

Top 10 equity mutual funds deliver over 25% returns in 2026. Do you own any in your portfolio?

Ten equity mutual funds delivered over 25% returns in 2026 so far, led by Nippon India Taiwan Equity Fund with 102%, driven by international, emerging markets and technology themes.

The Economic Times 2 Jul 2026 2:52 pm

Husband leaves some properties to sister through Will, excluding wife and children; Supreme Court upholds it for this reason

The Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The court ruled that excluding legal heirs does not automatically make a Will suspicious, especially when the testator stated he had already provided sufficiently for his family. This decision reinforces that a Will's validity hinges on its proper execution and the testator's clear intent, not solely on inheritance patterns.

The Economic Times 2 Jul 2026 2:38 pm

New fund offer: 8 mutual funds and 2 SIFs are now open for subscription. Check details

Around eight mutual funds and two specialised investment funds (SIFs) are currently open for subscription across categories including hybrid, index, multi-asset, overnight and life cycle funds. Offerings from Zerodha, ICICI Prudential, Invesco, JioBlackRock, JM, Tata, HDFC and Choice are accepting investments before their respective closing dates.

The Economic Times 2 Jul 2026 2:15 pm

EPS 2026 brings new rules, but has the Rs 1,000 minimum pension changed?

The government has introduced the Employees' Pension Scheme (EPS), 2026, replacing older schemes. The calculation formula for pensions also stays the same, based on pensionable salary and service.

The Economic Times 2 Jul 2026 1:44 pm

RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&P

The Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financial institutions, encouraging them to increase external borrowings. This move aims to attract foreign capital, bolster reserves, and support the rupee. S&P Global Ratings highlights that these government-linked entities, crucial for strategic sectors, will benefit from cheaper funding and enhanced financial flexibility, potentially driving economic growth.

The Economic Times 2 Jul 2026 1:32 pm

NFO Alert: Invesco Mutual Fund launches equity long-short fund under its SIF platform Summit

Invesco Mutual Fund has launched Summit SIF, an equity long-short fund offering both long and limited short exposure via derivatives. The NFO closes on July 16 and targets alpha generation through dynamic strategies combining stock selection and tactical shorts, managed by Hiten Jain and benchmarked to the BSE 500 TRI.

The Economic Times 2 Jul 2026 1:15 pm

SIP in stocks or mutual funds: Which strategy offers better returns?

Should investors choose SIPs in stocks or mutual funds? According to Hercules Advisors founder Aditya Shah, while direct equities may offer higher returns, they demand constant monitoring and carry greater risks. For senior citizens and passive investors, diversified mutual funds with professional management and appropriate asset allocation can be a safer and more practical route to long-term wealth creation.

The Economic Times 2 Jul 2026 1:11 pm

Planning SIP this July? Here are mutual fund options that could suit aggressive investors

ETMutualFunds presents SIP portfolio ideas tailored for conservative, moderate and aggressive investors. The allocations span three investment brackets, starting from Rs 2,000 to above Rs 10,000, combining flexi cap, large cap, hybrid, mid cap and small cap funds. Selection is based on rolling returns, consistency, downside risk, outperformance and fund size.

The Economic Times 2 Jul 2026 1:03 pm

India ramps up share sale plans to cushion budget hit from oil

LIC, Hindustan Zinc, and several state-controlled banks are among eight companies identified by officials for stake sales in the coming months

The Hindu Businessline 2 Jul 2026 12:39 pm

Gold rate today (July 2, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Joyalukkas, Malabar Gold & Diamonds, Tanishq & IBJA in Delhi, Mumbai, Hyderabad, other cities

Gold prices saw an uptick across major Indian cities on Thursday, July 2, 2026. Leading jewellers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates for 22K gold jewellery compared to the previous day.

The Economic Times 2 Jul 2026 12:21 pm

Does a higher active share make a mutual fund better managed? Experts explain

Active share measures how much a mutual fund's portfolio differs from its benchmark, helping investors assess whether they are paying for genuine active management or closet index investing.

The Economic Times 2 Jul 2026 12:05 pm

J&K Bank hits 3 lakh crore business mark on 16% deposit growth

The Banks total business reached 3.04 trillion, growing over 20% year-on-year, supported by a 16% increase in deposits and a 25% rise in gross advances

The Hindu Businessline 2 Jul 2026 11:03 am

MF Tracker: TRUSTMF Small Cap Fund topped one-year return chart with 22.77% gains. Can the rally continue?

TRUSTMF Small Cap Fund emerged as the best-performing equity mutual fund over the past year, delivering a 22.78% return and outperforming both its benchmark and category average. Experts attribute the performance to strong stock selection but advise investors to focus on long-term asset allocation, disciplined SIPs, and realistic return expectations.

The Economic Times 2 Jul 2026 10:15 am

Think you don't need to file an ITR for FY 25-26? These 8 benefits may change your mind

ITR filing: Filing your Income Tax Return (ITR) offers significant advantages beyond just tax payment. It's crucial for claiming refunds, carrying forward losses to reduce future tax, and enhancing loan and visa application prospects. Even if your income is below taxable limits, filing might be mandatory under certain conditions.

The Economic Times 2 Jul 2026 10:06 am

SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions, sources say

To reassure lenders, the Japanese technology investor is guaranteeing loan repayment, allowing banks to seek recourse from SoftBank if the pledged OpenAI shares lose value

The Hindu Businessline 2 Jul 2026 9:08 am

RBI floating rate bond : Has 8.05% interest rate changed? Here's what investors should know

The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to keep the National Savings Certificate rate at 7.7%. This bond offers a 0.35% premium over the NSC, providing a competitive return compared to many small savings schemes and bank fixed deposits.

The Economic Times 2 Jul 2026 8:00 am

Rs 299 auto-debit you never signed up for? How that free 7-day trial can lead to UPI mandate for recurring debit - how to track these and revoke if needed

On the Google Play community page, a user recently shared a similar experience. They said, I took a Rs 1 trial on Moj app, but Rs 699 was auto-debited without clear consent. I have not used the subscription service at all. Please cancel my subscription and process a full refund immediately.

The Economic Times 2 Jul 2026 7:45 am

Kerala family wins Rs 2.5 lakh compensation after bank loses original Pattayam submitted for agricultural loan

A Kerala family has been awarded Rs 2.5 lakh compensation after a public sector bank lost the original Pattayam (land title deed) submitted as security for a Rs 3 lakh agricultural loan. The mother-son duo mortgaged their 2-acre-20-cent land in 2014. When they discovered the document was missing in 2018, they faced significant distress and hardship, leading to the consumer commission's ruling.

The Economic Times 2 Jul 2026 7:04 am

Zero income tax in Form 16? You may still have to file an ITR in these cases

Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be mandatory. Certain income levels, high-value transactions like significant bank deposits, foreign travel, or owning foreign assets can trigger a filing requirement.

The Economic Times 2 Jul 2026 6:30 am

Gold sitting idle at home? Here's how it could earn you an income and what to watch out for

Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by lending your gold, similar to earning rent. While government schemes provide a regulated framework, private platforms operate with fewer protections. Investors must weigh potential returns against significant risks like counterparty default and lack of insurance, making due diligence crucial before leasing.

The Economic Times 2 Jul 2026 6:30 am

AI-enabled cyber threats emerged as the leading perceived risk over the next 12 months: RBI survey

FSR highlighted that India remains exposed to cyber attack risks, with a relatively high volume of cyberattacks

The Hindu Businessline 1 Jul 2026 8:53 pm

Jana SFBs promoters plan to monetise their shareholding to repay debenture holders

Promoter entities have restructured their outstanding listed NCDs; Ind-Ra places the Banks debt instruments on Rating Watch with Negative Implications

The Hindu Businessline 1 Jul 2026 8:48 pm

Prudential HCL enters health insurance market

With this approval, the number of standalone health insurance companies in India has risen to eight

The Hindu Businessline 1 Jul 2026 8:43 pm

SBI unveils a suite of AI-powered digital journeys for retail and business banking customers

Eligible customers can also seamlessly convert their Savings Account into a Corporate Salary Account or upgrade an existing salary account online, eliminating the need to visit a branch

The Hindu Businessline 1 Jul 2026 7:40 pm

RBI Appoints Ravi Shankar as New Executive Director Effective July 1

New Delhi, July 1: The Reserve Bank of India (RBI) has appointed Ravi Shankar as its new Executive Director, effective July 1, 2026. The central bank announced this appointment through an official statement. Prior to this promotion, Ravi Shankar served as the Advisor-in-Charge of the Department of Statistics and Information Management (DSIM) at RBI. According ... Read more RBI Appoints Ravi Shankar as New Executive Director Effective July 1

Morningstar 1 Jul 2026 7:01 pm

Edelweiss AMC crosses Rs 1 lakh crore equity AUM milestone, SIP book at Rs 690 crore

Edelweiss Asset Management Company crossed Rs 1 lakh crore in equity AUM, with total assets reaching Rs 1.78 lakh crore. The milestone reflects growing retail participation, strong SIP inflows, consistent fund performance and rising investor confidence in long-term wealth creation.

The Economic Times 1 Jul 2026 6:04 pm

Losing airport lounge access on your credit card? Paisabazaar launches PB Pass for Indian, global lounge entry

Paisabazaar has launched PB Pass, a new complimentary airport lounge access program for its credit card users, offering entry to over 1,800 lounges globally. This benefit is available to new credit card applicants upon activation and first bill payment via the Paisabazaar app.

The Economic Times 1 Jul 2026 5:47 pm

EPF Scheme 2026 replaces EPF Scheme 1952: Have EPF interest rate, contribution and wage ceiling changed?

EPF Scheme 2026: The Employees' Provident Funds Scheme, 2026, has replaced the 1952 version, bringing the EPF under the new Social Security Code. While key benefits like contribution rates and UAN remain unchanged, the new framework emphasizes digital processes and introduces stricter governance for exempted trusts.

The Economic Times 1 Jul 2026 5:31 pm

How a Multi Asset Allocation brings equity, debt and gold together in one place

Diversification is key to successful investing, and Multi-Asset Allocation Funds offer a balanced approach. These funds invest in at least three asset classes, including equity for growth, debt for stability, and gold for diversification, ensuring a resilient portfolio. By combining these elements, investors gain exposure to multiple return sources through a single, convenient solution, helping navigate market cycles and achieve long-term goals.

The Economic Times 1 Jul 2026 4:20 pm

Rs 15,000 monthly investment for 20 years: NPS or mutual funds? Know which may leave you with a bigger retirement corpus

Retirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentially higher returns, NPS boasts significant tax advantages and low costs. Read the article to know how a monthly investment of Rs 15,000, which goes up by 5% every year, can grow over 20 years in NPS and mutual funds.

The Economic Times 1 Jul 2026 4:20 pm

NBFC-MFIs AUM set to accelerate to 20% in FY27 from 4% in FY26: Crisil Ratings

Secured loans to power NBFC-MFI growth as microfinance portfolio gradually recovers

The Hindu Businessline 1 Jul 2026 2:56 pm

22k gold rate today: Check 24k, 22k, 20k, 18k gold prices (July 1, 2026) at IBJA, Malabar Gold & Diamonds, Tanishq, Joyalukkas and Kalyan Jewellers

Gold prices saw a slight dip today, July 1, 2026, across major Indian jewellers. Consumers looking to purchase gold jewellery will find it beneficial to compare rates from brands like Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers.

The Economic Times 1 Jul 2026 2:34 pm

Homegrown AlphaGrep takes on Jio BlackRock with India Algo Funds

Over the next 18 months, AlphaGrep Investment Management Pvt plans to unveil about half a dozen mutual funds, Chief Executive Officer Bhautik Ambani told a press conference Tuesday. On July 6, it will launch the first fund, a dynamically managed multi-asset fund investing across equities, fixed income and commodities.

The Economic Times 1 Jul 2026 1:53 pm

EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the same

A new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension formula and contributions remain, key changes include faster pension claim settlements within 20 days and a 12% interest penalty for EPFO delays.

The Economic Times 1 Jul 2026 1:43 pm

Can central government employees get 3% or 4% DA hike in July 2026? Latest AICPI data reveals this

Labour Bureau reading for DA hike: The latest AICPI-IW data for May 2026 indicates that central government employees are likely to receive a 3% dearness allowance (DA) hike, taking DA from 60% to 63%. A 4% hike appears unlikely unless June's AICPI-IW reading jumps to around 154.5, with the final outcome depending on June inflation data and the government decision.

The Economic Times 1 Jul 2026 1:27 pm

Filing ITR? Here's what AIS and Form 26AS tell the income tax department about you

As taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This unified document offers a comprehensive view of your financial footprint, detailing income sources, investments, and tax credits. Reviewing it meticulously against your records helps ensure accurate reporting, prevent mismatches, and avoid potential tax notices, streamlining your return submission.

The Economic Times 1 Jul 2026 12:34 pm

Ahmedabad-based Wealth First to acquire Mumbai wealth manager in 102-cr deal; targets 20,000 cr AUM

51% acquisition by 2026, full ownership targeted by 2030 via structured share swap and cash deal.

The Hindu Businessline 1 Jul 2026 12:04 pm

How should a 45-year-old salaried investor plan early retirement? Expert reviews mutual fund portfolio

A 45-year-old salaried investor with a Rs 3 lakh monthly income sought expert advice on whether his mutual fund portfolio can support retirement at 60. The expert recommended continuing disciplined SIPs, consolidating 17 mutual fund schemes into seven, maintaining liquidity, and avoiding premature allocation for discretionary goals like buying a luxury car.

The Economic Times 1 Jul 2026 11:04 am

NFO Alert: AlphaGrep Mutual Fund launches multi asset allocation fund, its first fund

AlphaGrep Mutual Fund has launched its inaugural fund, the AlphaGrep Multi Asset Allocation Fund, marking its entry into the Indian retail market. This open-ended fund employs a systematic, quantitative approach to dynamically allocate capital across equities, fixed income, and commodities, aiming for long-term growth with minimal human bias. The NFO opens July 6 and closes July 20, offering institutional-grade strategies to everyday investors.

The Economic Times 1 Jul 2026 10:58 am

Jana Holdings, Jana Capital get BSE nod to extend maturity date of NCDs

Jana Holdings and Jana Capital may sell shares in Jana Small Finance Bank to redeem NCDs

The Hindu Businessline 1 Jul 2026 10:32 am

RBI sees banks bad loans rising on geopolitical risks

If the RBIs projections are realised, it would highlight how the conflict in West Asia has emerged as a key risk for Indian lenders

The Hindu Businessline 1 Jul 2026 10:28 am

Best mutual fund SIP portfolios to invest in July 2026

ETMutualFunds has unveiled recommended mutual fund portfolios for July 2026, catering to conservative, moderate, and aggressive investors. These curated SIP baskets, designed for long-term goals like retirement, are based on a robust methodology evaluating returns, consistency, risk, and outperformance. The selection process for equity, debt, and hybrid funds ensures a data-driven approach to investment choices for a broad audience.

The Economic Times 1 Jul 2026 9:27 am

SBI employee gets relief in harassment case as Bombay HC rules shared auto commute falls outside POSH laws workplace definition

The Bombay High Court has overturned disciplinary action against an SBI employee, ruling that a shared auto-rickshaw is not a 'workplace' under the POSH Act. The employee faced harassment charges after an incident during his commute. The court emphasized that for the Act to apply, transportation must be employer-provided. This decision leaves the merits of the harassment allegation open for other legal avenues.

The Economic Times 1 Jul 2026 7:28 am

Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27

Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rules. Income from these activities is typically classified as speculative business income. Turnover calculation, based on the aggregate of positive and negative differences, determines audit applicability, generally requiring an audit if it exceeds Rs 10 crore for banking channel transactions.

The Economic Times 1 Jul 2026 7:10 am

Unfair appraisal? 5 tests courts use to detect bias against employees

Suspect unfair appraisal in the private sector? Indian courts examine five key tests to detect bias. They first establish a comparable employee, then identify the grounds for discrimination, often focusing on protected characteristics. Employers must provide documented justifications for pay differences. Crucially, documentary evidence is vital. If proven, remedies can include back pay and compensation, though courts generally defer to management discretion in non-protected cases.

The Economic Times 1 Jul 2026 6:57 am

Active share decoded: The metric that reveals a fund's true strategy

Unsure if your fund manager is truly active? Active share reveals how much a mutual fund's portfolio deviates from its benchmark index. A low active share might mean paying active fees for index-like performance. Understanding this metric helps investors identify genuine active management and avoid 'closet index funds,' potentially leading to better investment decisions.

The Economic Times 1 Jul 2026 6:12 am

Household debt rises to 45.5% of GDP, borrower profiles improve: RBI FSR

Despite the increase in borrowings, the RBI sees an improvement in the quality of borrowers

The Hindu Businessline 30 Jun 2026 10:03 pm

Stress test: Banks and NBFCs can withstand losses under adverse scenarios

K Ram Kumar

The Hindu Businessline 30 Jun 2026 9:29 pm

Bima Sugam to go live by September-end: IRDAI chief

Consultation paper on wider distribution reforms expected before the end of July

The Hindu Businessline 30 Jun 2026 9:27 pm

Funding emerging as key challenge for the banking system: FSR

Change in investment preferences towards higher-yielding equities and mutual funds

The Hindu Businessline 30 Jun 2026 9:07 pm

New Aadhaar App from July 1, 2026: Will all your old Aadhaar records be erased from mAadhaar app?

The older mAadhaar App is retiring on June 30, 2026, making way for a new, enhanced Aadhaar App. Don't worry, your existing Aadhaar records will not be deleted; the app is merely a service access point.

The Economic Times 30 Jun 2026 6:42 pm

Has government changed PPF, NSC, SCSS and other small savings interest rates for July-September 2026 quarter?

Small savings scheme interest rates: The Finance Ministry has kept interest rates on all small savings schemes unchanged for the JulySeptember 2026 quarter. Rates remain 8.2% for SCSS and Sukanya Samriddhi, 7.7% for NSC, 7.5% for Kisan Vikas Patra and 5-year deposits, 7.1% for PPF, and 4% for Post Office Savings Account.

The Economic Times 30 Jun 2026 5:34 pm

Indian Railways to hike penalties: Ticketless travel, women's coach entry, misuse of facilities to attract higher fines

New Railway Act amendments, effective July 2026, significantly hike penalties for common travel offenses. Travelling without a ticket now incurs fare plus a minimum Rs 500 penalty, shifting from criminal charges to recovery.

The Economic Times 30 Jun 2026 4:18 pm

Is Rs 2 crore enough for retirement? See the monthly income you can generate and how long your corpus may last

Retiring with Rs 2 crore? Experts advise a prudent 3.5-4% withdrawal rate, yielding around Rs 60,000-Rs 70,000 monthly. This sustainable income hinges on lifestyle, inflation, and investment strategy, with a balanced portfolio of equities and bonds crucial. Avoiding common pitfalls like excessive early withdrawals and neglecting healthcare costs ensures your corpus lasts.

The Economic Times 30 Jun 2026 3:11 pm

Man booked 11 shops for Rs 25 lakh in Mumbai in 1995 but didn't get possession even after 30 years; he fights back and wins full refund with 12% interest

Over 30 years ago in 1995, Amish Anantrai Modi had booked some shops in a project for a total consideration of Rs 25 lakh. In his complaint, the buyer said that he needed suitable commercial premises to expand his existing business activities and earn his livelihood by means of self-employment. However, the builder never started construction of the proposed project.

The Economic Times 30 Jun 2026 2:26 pm

NFO Alert: ICICI Prudential Mutual Fund announces launch of balanced hybrid fund

The new fund offer or NFO of the fund is open for subscription and will close on July 14. The scheme will reopen for continuous sale and repurchase within five business days from the date of allotment.

The Economic Times 30 Jun 2026 2:18 pm

Private sector drives rise in India's external debt as government debt declines: RBI

RBI data showed that India's external debt increased by $26.3 billion over its level at the end of March 2025

The Hindu Businessline 30 Jun 2026 1:46 pm

Gold rate today (June 30, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Joyalukkas, Malabar Gold & Diamonds and Tanishq in Delhi, Mumbai, Hyderabad, other cities

Gold prices saw a dip across major Indian jewellery brands on Tuesday, June 30, 2026, offering buyers welcome relief. Leading retailers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported lower rates for 22-carat gold in key cities.

The Economic Times 30 Jun 2026 1:12 pm

My wife and I declared diabetes in our health insurance policy. Will it cover new illnesses too?

ET Wealth Reader's Query: My wife and I have had a floater health insurance policy for over four years. We declared diabetes as a pre-existing condition. Now we have high cholesterol and mild fatty liver. Will my insurance cover pre-existing and new illnesses?

The Economic Times 30 Jun 2026 1:00 pm

UTI Mutual Fund buys nearly 15 lakh shares of MCX for Rs 425 crore

UTI Mutual Fund has significantly boosted its stake in MCX, acquiring nearly 15 lakh shares for a substantial Rs 425 crore via an open market deal. This move comes as MCX reported a remarkable surge in its March quarter profits, nearly quadrupling to Rs 530 crore and tripling revenue. The commodity exchange, a dominant player with over 98% market share, saw its shares dip slightly following the transaction.

The Economic Times 30 Jun 2026 12:58 pm

Good investing outcomes come from doing few boring things well: Nithin Kamath

Zerodha co-founder Nithin Kamath said building long-term wealth does not require chasing hot stocks or timing the market. He stressed that investors often overcomplicate investing by trying to predict markets or pick from thousands of options. In a post on X, he said good outcomes come from doing a few boring things well through disciplined, low-touch investing.

The Economic Times 30 Jun 2026 12:45 pm

Tata AIA launches two cancer insurance plans with income replacement option

The company launched the product after research showed 48% of respondents preferred income payouts over lump sums, and 47% favored monthly income

The Hindu Businessline 30 Jun 2026 12:41 pm

Rupee heads for first quarterly gain in five on cooling oil prices and a policy boost

An improvement in the countrys growth outlook is expected to stem the rupees depreciation though gains are expected to be limited by importer dollar demand and potential dollar buying by the RBI to rebuild FX reserves

The Hindu Businessline 30 Jun 2026 12:30 pm

HDFC Bank appoints Puneet Sharma as CFO, confirms exit from Axis Bank

The appointment confirms market speculation following Sharmas resignation from Axis Bank, announced on June 28, 2026

The Hindu Businessline 30 Jun 2026 12:19 pm

India Launches UPI In Greece

With UPI now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly, with transaction costs reduced drastically to a fraction of conventional transfer costs.

Deccan Chronicle 30 Jun 2026 12:13 pm

Regulatory measures to help banks withstand West Asia, El Nino risks: Nuvama

Public sector banks, small and mid-sized private banks and second-line NBFCs outperformed, while large private sector banks and NBFCs lagged due to concerns related to growth, margins and management issues

The Hindu Businessline 30 Jun 2026 12:09 pm

8th Pay Commission: Key deadline ends today; why this step is important for central government employees salary hike

Central government departments must submit pay revision data for the 8th Pay Commission by today, June 30, 2026. Submissions are strictly online via the commission's portal; physical or emailed data will be rejected.

The Economic Times 30 Jun 2026 11:50 am

Which mutual funds are best for SWP? Expert explains, also decodes STP tax implications

Choosing the right mutual funds for a Systematic Withdrawal Plan (SWP) hinges on individual financial goals, investment horizon, and risk tolerance, not a universal list. Experts advise aligning fund choices with withdrawal timelines, suggesting equity/hybrid for long-term wealth building and debt funds for immediate income needs. Understanding tax implications of Systematic Transfer Plans (STPs) is also crucial for a balanced investment strategy.

The Economic Times 30 Jun 2026 11:37 am