35 C 
SBI recruits 1,930 circle-based officers to strengthen banking operations
The bank currently has a workforce of more than 2,45,000 employees
WestBridge said to be considering stake sale in Star Health
WestBridge is reported to have spoken with financial advisers to evaluate a sale of its 40% stake in the insurance company
Old Bridge, ITI, Navi, Samco, and Bajaj Finserv Flexi Cap Funds held the highest mid and smallcap exposure in June 2026, reflecting aggressive positioning toward higher-risk, growth-oriented segments.
Builder ordered by TGRERA to relay terrace flooring and execute comprehensive waterproof treatment to ensure a permanent solution to resolve the water seepage issues in new apartment. In this case the homebuyer found water leakages and seepage issues weeks after buying flat. Read the article to know the details of the case and how the homebuyer won.
Up to 25% CAGR in 3 years! Invesco India Mid Cap, 4 others delivered stellar returns
HSBC Midcap, Invesco India Mid Cap, ICICI Prudential Midcap, WhiteOak Capital Mid Cap, and Edelweiss Mid Cap led midcap mutual fund returns over three years, delivering gains of up to 25.2%.
Explained: Sebi simplifies mutual fund transmission process. Here's what it means for investors
SEBI and AMFI have streamlined mutual fund transmission rules, simplifying claim procedures for nominees, joint holders, and legal heirs through standardized documentation, reducing delays and easing access to investments after an investor's death.
Gold rate today: Gold prices showed a marginal increase at select Indian jewellery brands today. Tanishq maintained Friday's 22-carat gold rate per gram. Malabar Gold & Diamonds and Joyalukkas saw a slight rise in their 22-carat gold prices. Kalyan Jewellers had not yet updated its 22-carat gold rates. IBJA rates for various gold purities and silver were also provided.
Man files FIR against people allegedly asking for partnership in 5.5 acre ancestral land or Rs 1.5 crore; SC cancels FIR and rules criminal process cannot be used as a weapon of harassment and coercion in property title dispute civil cases. Know how he won the case in Supreme Court
Edelweiss Mutual Fund introduces India's first REITs-oriented index fund. This new fund offers investors easier access to the listed real estate sector. It will track the Nifty REITs & Realty Total Return Index effectively. The fund opens for subscription on August fifth, providing diversified exposure. Investors can benefit from potential tax efficiencies and long-term growth trends.
Highest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank offer 7.75% on three-year FDs. DCB Bank leads with an 8.00% interest rate for five-year fixed deposits. Public sector banks like Bank of India provide 7.45% on three-year FDs. State Bank of India offers 7.05% for five-year fixed deposits to senior citizens.
Q1 Results Today, 25th July 2026 Live Updates: Track all the latest Q1 FY27 earnings announcements, corporate developments and management commentary as companies report their June quarter results.
EPFO underpaid school employee's EPS; he files case and wins in consumer commission as commission ruled that the correct factor for his period of service was 0.94, but EPFO wrongly applied the 0.85 factor meant for 10 months of service. Know how this employee won the case against Employees' Provident Fund Organisation.
Many investors do not know the exact monthly SIP needed for their financial goals. Excel's PMT function helps calculate the required investment amount for future targets. Investors must first determine their target corpus and the desired time frame for accumulation. Accounting for inflation is crucial to adjust the financial goal's future value. This calculation ensures investors can effectively reach their desired corpus through systematic investments.
Saturday bank holiday: Are banks open or closed today on July 25, 2026?
Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Digital banking services will remain accessible for customers throughout the day. However, certain transactions will require a visit to a bank branch.
Indian-origin millionaire shares practical wealth-building lessons, investing tips and the single most important factor behind getting rich and achieving financial freedom. And the factor is not intelligence or being the smartest person in the room.
As gold and silver prices recover in a week, what should precious metal investors do now?
Gold and silver prices saw a mild recovery last week on the MCX. Investors are rebuilding long positions and increasing inflows into gold ETFs. Geopolitical uncertainty and stretched equity valuations support precious metal demand. Market participants will monitor Middle East developments and the Federal Reserve meeting. Investors should adopt a staggered investment approach for precious metals.
India vs US: Where should US-based NRIs invest their money?
US-based NRIs should align investments with future financial needs and currency. Future expenses should guide asset allocation decisions for these investors. India investments offer diversification while US assets match dollar liabilities. Investors should hold assets in the currency of their future liabilities. This approach ensures financial goals align with investment strategies.
BNP Paribas Cardif to acquire 26% stake in IndiaFirst Life from Warburg Pincus
Following the transaction, Bank of Baroda will retain a 65% stake in IndiaFirst Life, while BNP Paribas Cardif will hold around 26%.
Crypto exchanges hail governments SRO proposal as most practical interim measure for VDA
These regulatory bodies will operate under regulatory oversight until the government introduces a comprehensive framework
BoIs Q1FY27 net profit up 36% in Q1FY27 at 3,068 cr
Net interest margin (NIM) was a shade lower at 2.52 per cent against 2.55 per cent in the year ago period
Q1 Results Today, July 24, 2026, Highlights: Follow businessline for more updates
No proposal to make insurers follow treating doctors opinion on claims: Centre
While the government acknowledged that insurers consider clinical assessments among other factors, it emphasised that claims are ultimately decided according to policy conditions
Bank of Barodas Q1 FY27 profit drops 72% due to a one-time NMC Group settlement
Excluding the aforementioned impact of 5,680 crore, the public sector banks net profit would have been 5,528 crore
SBI Life posts 22% PAT growth in Q1 FY27, APE surges 36%
The sharpest growth came from the protection segment, where new business premium more than doubled to 1,960 crore
The Latest Fixed Deposit Interest Rates: Jul 24, 2026
The Latest Fixed Deposit Interest Rates: Jul 24, 2026
The Latest Home Loan Interest Rates: Jul 24, 2026
The Latest Home Loan Interest Rates: Jul 24, 2026
Mutual fund NFOs: 8 new funds are open for subscription now. Check details
Eight new mutual fund NFOs are currently open for subscription, spanning ETFs, flexicap, large & midcap, midcap, sectoral, FoF and fixed maturity categories, offering investors diverse investment options.
Is government launching minimum pension scheme for all citizens? Ministry responds in Parliament
Parliament heard that the government has no minimum pension scheme plans. The Code on Social Security, 2020, aims to extend benefits to unorganized workers. This code also provides for setting up a Social Security Fund. The Employees' Pension Scheme, 2026, is a pooled fund for eligible workers. Unclaimed EPF amounts in inoperative accounts totaled over Rs 9330 crores.
Shriram Finance net profit up 60% in Q1 on NII growth
During the quarter, MUFG Bank, the Japanese banking giant and subsidiary of Mitsubishi UFJ Financial Group, completed its acquisition of a 20 per cent equity stake in Shriram Finance
RIL and BSE among top 5 largecap stocks sold by mutual funds in June. Check details
Mutual funds were net sellers in several large-cap stocks in June, with Reliance Industries topping the list, followed by Hindalco Industries, NTPC, BSE and Tata Steel, according to Dolat Capital.
Brokerages say Paytm is executing well in a market with large profit pool, raise target price
Paytms Q1 FY27 revenue reached 24.5 billion, a 28% year-on-year and 8% sequential increase; Net profit rose 79% year-on-year to 2.2 billion
Bandhan Small Cap among 5 smallcap mutual funds that deliver up to 21% annualised returns in 3 years
Five smallcap mutual funds delivered annualised returns of up to 26.7% over the last three years, with Bandhan Small Cap Fund leading the pack, according to ETWealth data as of July 15, 2026.
Husband working in wife's father's company says she got his signatures on marriage documents without consent; Gujarat HC rules marriage invalid as no Hindu marriage ceremonies including 'Saptapadi' were performed. Know what Gujarat High Court said about Hindu marriage and how the husband won this case.
8th Pay Commission latest news: Central government employee bodies are demanding the Old Pension Scheme's restoration from the 8th Pay Commission. However, the government has stated no such proposal is currently under consideration. Employee unions argue the New Pension Scheme offers insufficient retirement security for many workers. They advocate for the OPS to provide a respectable and sustainable pension for all employees. Several states have previously reverted to the OPS after implementing the NPS.
As much as Rs 9,330.56 crore lies in inoperative Employees Provident Fund accounts. This unclaimed amount is as of March 31, 2026, according to government data. The Employees Provident Fund Organisation is conducting outreach initiatives to inform members. Inoperative accounts are those with no contributions for three years after retirement. Workers can claim their inoperative EPF funds by transferring or withdrawing them.
Explained: Sebi proposes MF-PMS framework model with entry fee at Rs 25 lakh. Who stands to benefit?
SEBI has proposed a major revamp of the Portfolio Management Services (PMS) framework, including the launch of a new mutual fund-only PMS (MF-PMS) category. The proposal aims to widen investment options for portfolio managers, improve investor access to professionally managed portfolios, and create new business opportunities for PMS providers and mutual fund distributors.
The 8th Pay Commission will hold new meetings in Delhi on August 7 and 10. Employee unions and federations can present their demands and recommendations during these sessions. Stakeholders who submitted memorandums can request appointments by July 31.
EPF interest not credited yet? 3 easy ways to check if your PF interest has been credited
The Employees' Provident Fund Organisation has begun crediting 8.25% interest for the financial year 2025-26. Many EPF subscribers are receiving SMS notifications confirming this interest credit. Members can check their EPF balance through the EPFO portal, a missed call, or SMS service.
To purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange bureau; she got tax notice for unexplained property investment; she fights and wins case in ITAT Mumbai for this reason. Know how she won the case in ITAT Mumbai.
Presumptive taxation simplifies income computation for eligible taxpayers. However, a tax audit may be required if actual income falls below prescribed rates. This scheme benefits professionals and businesses with limited expenses and high margins. It reduces compliance burdens and the need for detailed record-keeping. Freelancers and gig workers should evaluate eligibility and profit margins carefully.
MF Tracker: Should you invest in this only international mutual fund open for subscription now?
With 11 international mutual fund schemes suspending fresh SIP registrations due to regulatory overseas investment limits, Baroda BNP Paribas Aqua Fund of Fund has emerged as the only international mutual fund currently accepting both fresh SIPs and lump sum investments. Experts, however, caution investors against investing solely because the fund remains open, highlighting its thematic nature and suitability only for specific portfolios.
Contractual teachers held as employees by the tax department and on this ground, Rs 9.48 lakh tax demand raised; ITAT Cochin rules administrative supervision over timings, attendance and leave does not automatically create an employer-employee relationship. Know what ITAT Cochin said about TDS on salary paid to contractual employees.
Is your CV costing you interviews? Fix these common resume mistakes before applying for next job
Crafting a foolproof CV requires highlighting achievements, not just duties. Tailoring resumes for each role and avoiding generic content is essential. Experienced professionals should prioritize recent work experience over academic history. Referrals improve visibility but do not guarantee job selection. Zero spelling and grammar errors create the strongest positive first impression.
Gold price: Gold prices saw a slight decrease across leading jewellery brands today. See the latest 22k gold prices at leading jewellery brands such as Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers.
UAEs First Abu Dhabi Bank offers $1.5 billion for India expats FX programme
The United Arab Emirates largest lender is targeting customers based in West Asia and is in talks with banks in India that could issue standby letters of credit to back the financing
ITR filing deadline FY 2025-26: Due dates, penalties, and what happens if you miss July 31 deadline
Taxpayers will file Income Tax Returns for FY 2025-26 under the Income-tax Act, 1961. The due date for most individuals is July 31, 2026, while others have later deadlines. Missing the initial deadline allows filing a belated return until December 31, 2026. Late filing incurs a fee of Rs 5,000 or Rs 1,000 based on income.
45% return on FCNR(B) deposits? Understand the 19X leverage strategy before you invest
TRUSTMF Small Cap Fund, the best-performing equity mutual fund over the past one year with a 21.98% return, added Dixon Technologies (India), Paras Defence and Space Technologies and 14 other stocks to its portfolio in June. The fund also exited 13 stocks while increasing exposure to several others, according to its latest monthly factsheet.
Multi-asset mutual fund taxation depends on equity and debt exposure. Equity-oriented funds have specific tax rates and holding periods. Debt-oriented funds are taxed at investor slab rates after 24 months. Specified mutual funds treat all gains as short-term capital gains. Correct ITR schedules are crucial for reporting these gains accurately.
Centre implements credit guarantee scheme for MSMEs, MoS informs Lok Sabha
Indias MSME Ministry unveiled an enhanced Credit Guarantee Scheme, boosting collateral-free loans to aid micro and small enterprises, fostering growth and innovation across the country
Ever since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed equities in 2024, a flurry of taxpayers from across the country were left with either a tax demand or an uncertain thought. Read to know how a taxpayer fought and won 87A case in ITAT Mumbai.
Gold vs silver ETFs vs bonds: Which one saves you the most tax in 2026?
Best conservative hybrid mutual funds to invest in July 2026
Mutual fund advisors anticipate 2026 will be a significant year for hybrid funds. Conservative hybrid schemes offer a balanced approach for new investors. These funds invest primarily in debt with a small equity allocation. Investors seeking capital preservation should prioritize withdrawal plans over dividends. Several conservative hybrid funds are recommended for July 2026 investments.
RBI likely steps in to avert rupee record low as oil surges, traders say
The rupee was around 96.70 per dollar in the interbank system at 08:55 a.m. IST, above its all-time low of 96.96 reached in May
Smaller UPI players seek wider consultation on NPCIs UPI Meta, warn of market concentration risks
NPCI is targeting a launch around the Global Fintech Fest later this year as it looks to make UPI payments as seamless as tokenised card transactions, particularly amid the expected entry of Apple Pay into India
How to file ITR-4 online on the e-filing ITR portal for AY 2026-2027
Individuals eligible for presumptive taxation can file ITR-4 online. The due date for filing ITR-4 varies based on tax audit requirements. Taxpayers must verify pre-filled data and complete required schedules carefully. Income from salary, house property, and interest are generally included. E-verification within thirty days is mandatory for successful submission.
Where should you invest Rs 10 lakh? Equity, hybrid or debtfind the best option
Financial planning: Investing ten lakh rupees requires aligning financial goals with suitable timeframes. Short-term goals necessitate conservative assets offering high liquidity and capital protection. Medium-term objectives allow for a balanced approach with hybrid and equity fund allocations. Long-term wealth creation benefits from a significant allocation towards diversified equity funds. Investors should also consider tax implications and rebalance portfolios as goals approach.
Q1 Results Today Highlights July 23, 2026: Follow businessline for more
Thakur noted that about two decades ago, SCB began as a community credit society and later became an urban co-operative bank with a business size of roughly 4,000 crore
Suryoday Small Finance Bank Q1FY27 net profit zooms 113% at 75 cr
Net interest income rose 28 per cent y-o-y to Rs 316 crore (Rs 247 crore)
Citizens Financial Group appoints Rajesh Mani as MD of India GCCs
Rajesh brings more than two decades of experience in financial services and technology
NRE vs NRO FD: SBI, HDFC Bank, PNB and Axis Bank interest rates compared; know key differences
NRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indian earnings, while NRE accounts hold international funds. Interest on NRO deposits faces tax, unlike NRE accounts which are tax-free. NRE funds are fully repatriable, and NRO funds have a yearly repatriation limit. Major banks offer similar interest rates on both NRE and NRO fixed deposits.
How to file ITR-3 online on the Income Tax e-filing portal for AY 2026-2027
Individuals with business income must file ITR-3 for AY 2026-2027. This form captures various income sources, including salary and capital gains. Taxpayers can file ITR-3 online through the e-filing portal. The process involves filling general information and specific schedules. E-verification must be completed within thirty days of submission.
Viyona receives BBPS approval to expand digital bill payment services
The certification enables Hyderabad-based Viyona to offer BBPS-powered bill payment services across utilities, telecom, insurance, loan EMIs, education fees and other categories
Got Rs 15 lakh to invest for 10 years? Here's what expert recommends
An expert recommends diversifying Rs 15 lakh across equity mutual funds, precious metals and international funds for a 10-year horizon. Investors should align allocations with their risk profile and goals, while staggering investments over 1520 weeks to manage volatility.
Consistent performers: 41 equity mutual funds deliver over 15% CAGR in 3 and 5 years
Around 41 equity mutual funds delivered more than 15% CAGR over both three- and five-year periods. Bandhan Small Cap Fund led three-year returns at 25.95%, while Motilal Oswal Midcap Fund topped the five-year chart at 21.64%.
NRI son gifted Rs 30 lakh shares to his father through an off-market transfer. Should it be reported in ITR? Although a genuine gift of shares from a son to his father is not regarded as a transfer for capital gains purposes in the hands of the donor, the reporting of such off-market transactions in the Annual Information Statement (AIS) often creates uncertainty. Experts explain AIS, tax rules and how to avoid notices.
What is the password to open an interest certificate from the SBI website?
FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency risk
FCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide currency protection, while NRE deposits carry exchange rate risk. Calculations show NRE deposits can yield higher returns if the rupee strengthens. However, the rupee has historically depreciated against the US dollar. Choosing between them depends on individual risk appetite and future fund utilization.
EPF Scheme 2026 rules: Major changes every EPF member and employer must know
Can a shop charge you extra for paying by credit card? Here's what every card user should know
Can merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card acceptance rules. Consumers should check final amounts and report unauthorized transactions immediately.
EPS pension : The central government has implemented the Employees' Pension Scheme 2026. This new scheme replaces the Employees' Family Pension Scheme 1971 and EPS 1995. Pension calculation formula remains unchanged while new rules address fund investment and claim delays.
Taxpayers must respond to Section 143(1) intimations with tax demands promptly. Failure to respond within thirty days can lead to penalties. Interest accrues on unpaid demands after the stipulated period expires. Ignoring these notices may result in being classified as an assessee in default. This classification empowers the tax department to initiate recovery proceedings.
IndusInd Bank shares fall over 6% despite 72% jump in Q1 profit, brokerages divided
The stock hit an intraday low of 1,000.60 on the NSE, down 6.4 per cent.
Parag Parikh Flexi Cap Fund among the top 7 flexi cap mutual funds to invest in July 2026
Parag Parikh Flexi Cap Fund, HDFC Flexi Cap Fund and five others feature among the top flexi cap mutual funds for July 2026, shortlisted on rolling returns, consistency, downside risk and outperformance.
Will a Rs 42,500 monthly SIP with a 10% annual step-up help you retire early?
A 35-year-old investor from Hyderabad, aiming to retire in the next 10 years, sought expert advice on whether his Rs 42,500 monthly SIP portfolio can help build a retirement corpus of Rs 1 crore. While the target appears achievable with disciplined investing, the expert recommended simplifying the 14-fund portfolio and reviewing retirement needs beyond just the corpus size.
ITR filing 2026 alert: 8 capital gains reporting mistakes every taxpayer must avoid
Section 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains available under the new tax regime for salaried individuals. Private sector employees switching to the new regime find this deduction particularly attractive. Employer contributions lower taxable income and build retirement savings simultaneously.
The Ministry of Finance has announced the GPF interest rate for the upcoming quarter. General Provident Fund and similar government funds will earn 7.1 percent interest. This rate remains unchanged for the July to September 2026 period. Public Provident Fund and small savings schemes also retain their current rates. Employees Provident Fund interest rate stands at 8.25 percent for the fiscal year.
From Tata Tiago EV to Nexon EV: Compare India's best budget electric cars by price, range & features
NRI or not, 8 ways India's new foreign account tracking affects you
Best balanced advantage funds or dynamic asset allocation funds to invest in July 2026
Balanced advantage funds dynamically manage equity exposure based on market conditions. These hybrid schemes invest in stocks, debt, and arbitrage opportunities. While advisors recommend them, these funds are not entirely risk-free investments. Investors should tolerate stock market volatility and have a five-year horizon. Edelweiss and ICICI Prudential Balanced Advantage Funds are recommended options.
ICICI Bank sets initial guidance for first dollar bond in nearly 9 years
The lender is expected to raise at least $500 million through this issue and has provided guidance of a spread of 130 basis points over the corresponding US Treasury yield
This initiative aims to provide non-resident Indian (NRI) customers with access to leverage, enabling them to place higher deposits with tenors of 3-5 years.
IndusInd Bank posts 72% rise in Q1 profit as asset quality improves
Despite modest growth in net interest income and continued pressure on margins, IndusInd Bank expects net interest margins to improve in the second half of FY27, with loan growth matching industry trends
Total flow of financial resources to the commercial sector zoomed 148% to 7.73 lakh cr in Q1FY27
With interest rates in the bond market tightening, corporates tapped banks for credit in a big way in the first three months of current
UCO Bank Q1 net up 8% at 656 crore on higher operating profit and lower provisions
The banks net interest income rose to 2808.26 crore from 1403.23 crore for the corresponding period last fiscal.
Nippon Life India AMC net up 27% on higher inflows
Equity MF average AUM grew 22 per cent YoY to 3.51 lakh crore
