33 C 
Rupee under pressure, bond yields rise on crude, hawkish MPC signals
Benchmark 10-year government bond yield rose to 6.85% during the week, while the rupee weakened to 95.71 per dollar amid higher crude prices and hawkish MPC signals
India's credit footprint expands as new states emerge as growth centres
Credit growth is shifting from traditional strongholds such as Tamil Nadu and Maharashtra towards Uttar Pradesh, Bihar and Madhya Pradesh, but penetration still trails developed markets
Mumbai luxury housing sees 16 homes sold every day at 5 cr-plus in Q1 FY27
Mumbai recorded 1,499 luxury residential transactions priced above 5 Crore between April and June 2026.
Multiple insurance policies? Here's how coverage, claims and payouts work
Multiple covers can fill gaps in your financial protection, but they do not always mean double payouts for the same loss.
HDFC Flexi Cap among 7 mutual funds that multiplied investors' wealth up to 24x in 20 years
Seven equity mutual funds multiplied investors wealth up to 23.3 times over 20 years, led by Nippon India Growth Mid Cap Fund. The list spans largecap, midcap and flexicap categories, highlighting strong long-term wealth creation and sustained compounding across market cycles.
Samir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, while adding SBI Funds Management and four others to its portfolio. The fund also exited Varun Beverages and India Shelter Finance, while trimming its holdings in MCX and BSE during the month.
Tata Mutual Fund has resumed subscriptions to Tata Gold ETF for large investors committing Rs 25 crore or more and removed investment limits on lump-sum investments and switch-ins to Tata Gold ETF FOF. The revised norms, effective August 21, follow the normalisation of market conditions and will remain in force prospectively until further notice, the fund house said.
Bank offers up to 8.50% rate on senior citizen FD
Bitcoin set for biggest weekly gain in more than two years
Bitcoin advances almost 20% this week
ICICI Bank, Federal Bank among top bank picks by Axis Direct after Q1 earnings season
Quant Small Cap among 5 equity funds offering up to 25% SIP returns over 10 years
Five equity mutual funds have offered up to 25% annualised returns on SIP investments over the past 10 years
ICICI Bank doubles overseas borrowing limit to $5 billion
ICICI Bank has already raised $2.05 billion through dollar debt in the past month
HDFC Bank raises $1.75 bn through overseas bond issue to fund business
HDFC Bank has raised USD 1.75 billion through overseas bonds to fund its business growth. HDFC Bank , acting through GIFT City Branch, has completed the issue of USD 1.75 billion in senior unsecured bonds, the bank said in a regulatory filing. The private sector lender has raised USD 500 million with notes carrying a coupon rate of 5.159 per cent and maturing in three years, while the remaining USD 1.25 billion five-year paper carries a coupon rate of 5.4 per cent, it said. These papers will be listed on India INX (India International Exchange (IFSC) Limited) and NSE International Exchange (NSE-IX) , it added.
Canada's Fairfax may get 2 years to consolidate holdings for IDBI Bank deal, sources say
The Canadian investor is likely to be given up to two years to either sell its stake in CSB Bank or merge it with IDBI Bank, sources said
22k, 24k gold: How much each gram would cost today?
FPIs chase India's consumption story, pull money from telecom and realty
Overall, the allocation trend points towards a clear shift in FPI preference towards consumption, automobiles, technology and healthcare sectors.
Rupee gains 9 paise to 95.65 against US dollar during early trade
The rupee gained 9 paise to 95.65 against the US dollar in early trade on Friday, supported by the weakening of the American currency in the overseas markets. Forex traders said for India, a softer dollar is being offset by another challenge elevated crude oil prices. Meanwhile, RBI Governor Sanjay Malhotra has indicated that the central bank expects at least USD 80 billion of foreign currency inflows. According to forex traders, while the RBI Governor's statement offered some reassurance, elevated oil prices, persistent geopolitical uncertainty, and a structurally reduced foreign presence continue to neutralise fresh dollar inflows. At the interbank foreign exchange, the rupee opened at 95.69, then rose to 95.65, higher by 9 paise from its previous close. On Thursday, the rupee pared initial gains and settled for the day down 1 paisa at 95.74 against the US dollar. Governor Sanjay Malhotra indicated that the central bank expects at least USD 80 billion of foreign currency inflo
Rs 30,000 monthly SIP across 10 funds. Why this investors mutual fund portfolio may need a reset
A 36-year-old investor's Rs 30,000 monthly SIP portfolio requires adjustments for financial goals. The expert highlights an inadequate retirement corpus projection, needing a revised calculation. Too many mutual funds create complexity and potential overlap for the current SIP amount. Goals approaching sooner need greater funding priority over longer-term objectives. A goal-wise approach is recommended, working backward from each financial target.
HDFC Bank shares in focus after record $1.75 billion overseas bond raise. What lies ahead?
HDFC Bank raised $1.75 billion through a twin bond sale to overseas investors. The lender raised $500 million via three-year bonds and $1.25 billion through five-year securities, both priced at tighter spreads than initial guidance, signalling strong investor demand.
Bitcoin leaps past $75,000 as crypto rally continues in Asia
The original cryptocurrency climbed as high as $75,740 as of 10 a.m. in Singapore
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Stock Price Declines Below S2
Tech Mahindra Share Price Live Updates: Tech Mahindra's Current Trading Status
M&M Share Price Live Updates: M&M Market Activity
Infosys Share Price Live Updates: Infosys News
Asian Paints Share Price Live Updates: Asian Paints Price Analysis
Titan Company Share Price Live Updates: Titan Company continues to perform well in the market
Tata Motors PV Share Price Live Updates: Tata Motors PV Sees Minor Decline
Dr Reddys Share Price Live Updates: Dr. Reddys Price Movement Analysis
Sun Pharma Share Price Live Updates: Sun Pharma's Recent Trading Activity
Nestle India Share Price Live Updates: Nestle India Price Fluctuation
Apollo Hospital Share Price Live Updates: Apollo Hospital Stock Details
HDFC Life Share Price Live Updates: HDFC Life's Market Update
Hero MotoCorp Share Price Live Updates: Hero MotoCorp Price Movement Analysis
Rs 4.5 crore retirement corpus: Can you get Rs 4 lakh monthly income without losing your corpus?
For retirees looking to maximise their post-tax earnings, allocating a Rs 4.5 crore corpus into mutual funds is a viable option. Utilising a bucket strategy allows for an effective diversification across various fund typesliquid, debt, and equityfacilitating consistent income generation. This tactic not only mitigates tax exposure more efficiently than fixed deposits but also yields tax exemptions on capital gains.
HDFC Bank to raise $1.75 billion through senior notes; Moodys assigns Baa3 rating
UCBs may be small, but their risk environment is far larger: RBI Dy Guv Swaminathan
Greater digital adoption and reliance on external technology providers are expanding the risk landscape for smaller banks, demanding stronger safeguards and oversight.
UPI adoption accelerates in capital markets, led by brokers and rising retail participation
Validated UPI framework powers 3.24 lakh crore in capital market transactions, brokers dominate activity
SBI widens cash withdrawal charges to all basic account customers push to plug fee income leak
Withdrawals beyond four will attract a charge of 15 plus GST per transaction
Former ISRO Chairman Panicker appointed Director on RBIs Central Board; Anand Mahindra re-appointed
Their appointment is for a period of four years
He emphasised that the next phase of reform will be judged by accessibility of the foreign exchange services that citizens receive
7.5% growth is a given, India should aspire for more: RBI Deputy Governor
As per Gupta, RBIs ongoing work also suggests Indias growth is increasingly being supported by improvements in labour and capital quality
SEBI, RBI working on bond tokenisation project; pilot to test faster settlement
WTM Amarjeet Singh says the project will examine simultaneous transfer of securities and automated coupon payments; consultation on a wider bond distribution framework soon
Parliamentary Panel flags use of bouncers for NBFC loan recovery, seeks stronger monitoring
The panel also raised concerns involving larger NBFCs, where substantial amounts of money are involved, and stressed the need for regular intervention by the Reserve Bank of India
IRDAI bars Niva Bupa from adding new branches for six months
The regulatory action follows scrutiny of the insurers expenses, while Niva Bupa maintains that recent-period compliance remains on track.
Bitcoin roars past $70,000 as yields sink, Trump sparks optimism
Bitcoin rose about 4.1% to over $71,900, its highest level since May 31
Jefferies favours two-wheeler stocks over four-wheeler stocks as earnings gap widens
Jefferies prefers two-wheeler stocks over passenger vehicle makers, citing stronger volume growth, resilient margins and improving earnings. TVS Motor Company and Eicher Motors remain its top picks, while Tata Motors Passenger Vehicles and Hyundai Motor India carry Underperform ratings amid rising competition, higher discounts and a weaker earnings outlook.
Eternal, Adani Enterprises and TCS among top 10 stocks with biggest rise in MF holdings in July
Mutual fund SIP inflows rose 12% YoY to Rs 31,961 crore in July, while SIP accounts increased 12.5% to 10.63 crore. Franklin Templeton India highlighted strong inflows into flexicap and multi-asset funds, along with rising passive fund AUM and broader growth across the mutual fund industry.
This policy adjustment aims to streamline banking services while maintaining accessibility for account holders who meet the banks KYC requirements.
Why Zerodhas Nithin Kamath wants fintech founders to rethink trading in the age of AI
Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing as AI, evolving market structures, regulations and emerging technologies reshape financial markets. He said brokers could eventually become little more than a pipe between customers and exchanges, while Rainmatter is again doubling down on fintech investments.
Life, health insurers see stronger growth as insurance sector outlook brightens: Kotak
Insurers are entering FY27 with stronger operating trends, supported by rising premiums, improved margins and better claims performance across key segments.
When selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary based on your residency timeline and applicable regulations. Read on to understand how your residency can impact your tax bill if you are an NRI in the US, UK, Canada, Australia, Singapore or UAE.
Home loan interest rates vary based on credit score and other borrower factors. A good credit score is essential for securing a low home loan interest rate. Borrowers should compare banks to find the best home loan interest rates.
Land fraudulently sold for Rs 6.82 crore cash
Karnataka raises pension income limit to Rs 1.2 lakh: Who benefits
State's move could bring eligible elderly, widows and disabled beneficiaries back into the social security pension net after verification
Capitalmind Flexi Cap Fund exits Vedanta and 10 others; adds 9 stocks
Deepak Shenoy-backed Capitalmind Flexi Cap Fund exited 11 stocks, including Vedanta and Vedanta Oil and Gas, and added nine stocks, including Radico Khaitan, in July. The fund also increased exposure to 17 stocks while reducing its stake in two stocks during the month.
IT stocks extend gains for second day; Coforge, Infosys, Persistent Systems rise up to 3%
IT stocks extended gains for the second straight session, with Coforge and Persistent Systems leading the rally. Infosys, Wipro, TCS and Tech Mahindra also traded higher, lifting the Nifty IT index nearly 2%. The rally was driven by value buying amid a weaker rupee, with Indian IT stocks continuing to outperform global tech peers.
ICICI Prudential Mutual Fund: RIL, Infosys and HDFC Bank among top 10 stock holdings in July
Sending money abroad? Why your transaction could draw tax scrutiny
The Income Tax Department is verifying 394 entities over suspicious overseas remittances, with mismatches in income, turnover and payment purpose raising red flags
HDFC Bank eyes $1 billion overseas debt raise, bankers say
The lender plans to raise at least $500 million each through three-year and five-year bonds via its GIFT City branch
EPF error: This small mistake could affect your pension, PF balance and withdrawals
Rupee rises 17 paise to 95.56 against US dollar during early trade
The rupee appreciated 17 paise to 95.56 against the American currency in early trade on Thursday tracking a weak US dollar, after the US Treasury announced that it would double its buyback operations for longer-dated Treasury bonds. Forex traders said the dollar index fell to its lowest level since late May after the US Treasury announced that it would double its buyback operations for longer-dated Treasury bonds, pushing US long-term yields lower and reducing the dollar's yield advantage. Moreover, the dollar is also being weighed down by reduced expectations of further Federal Reserve tightening though the FED policymakers' inflation concerns increased at the July meeting, according to the FED minutes. At the interbank foreign exchange, the rupee opened at 95.57, then rose to 95.56, higher by 17 paise from its previous close. On Wednesday, the rupee stayed almost flat, ending just 1 paisa higher at 95.73 against the US dollar. Meanwhile, the dollar index, which gauges the ...
Best conservative hybrid mutual funds to invest in August 2026
Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns.
Motilal Oswals buy-sell-hold call: Bata, VA Tech Wabag6 midcap & smallcap stocks to watch
Indian banks raise $4 bn by issuing global bonds, trend to continue: Report
The money has been raised between June 16 and August 13
Divis Labs Share Price Live Updates: Divis Labs Market Performance Snapshot
HDFC Bank Share Price Live Updates: HDFC Bank's Current Trading Status
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Current Trading Status
Eicher Motors Share Price Live Updates: Eicher Motors Current Price Update
Wipro Share Price Live Updates: Wipro's Current Market Position
Tata Steel Share Price Live Updates: Tata Steel Stock Details
RIL Share Price Live Updates: RIL's Daily Performance Update
L&T Share Price Live Updates: L&T Stock Details
FCNR (B) FD interest rates: The window for Non-Resident Indians to enjoy favorable FCNR(B) deposit rates is closing soon, specifically on August 31. With the government absorbing the hedging costs for these foreign currency deposits, this is an opportune moment for investors. Many banks are offering attractive interest rates, so it's prudent to assess these options quickly before they potentially decrease.
Multi-cap funds offer equity-like returns with lower drawdowns
Multi-cap funds provide equity-like returns with reduced volatility and drawdowns. These funds delivered strong annualised returns over a twenty-one-year period. They offer a balanced approach across large, mid, and small-cap stocks. Wealth managers suggest multi-caps simplify investment decisions for retail investors. This strategy helps manage investor behaviour during market stress periods.
LIC gets RBI nod to raise HDFC Bank stake to 9.99%
The approval gives the insurer greater room to increase its exposure to Indias largest private-sector bank amid evolving institutional ownership.
Resilience should be built into banks design for growth: RBI Dy Guv Murmu
He emphasised that Banks should focus, in particular, on the functions critical to their resilience and on those that matter most directly to their customers
Prosus to invest $100 million in Sachin Bansals Navi in first institutional fundraise
The transaction is subject to customary closing conditions and regulatory approvals, including clearance from the Competition Commission of India (CCI)
Responsible AI must expand inclusion, not just efficiency: RBI Deputy Governor Murmu
At the same time, he warned against excessive reliance on algorithms, emphasising that human judgment remains essential
Karnataka Bank empanelled as Arranger for HUDCO Capital Gain Bonds
Karnataka Bank customers can easily subscribe to HUDCO Capital Gain Bonds at the banks branches, supported by dedicated relationship management and customer service
UpTik hits 12 crore in monthly lending
The companys growth was supported by a strong operating track record
PSBs pitch 2% climate-transition finance sub-target under PSL framework
Public sector banks also seek higher lending limits for renewable energy projects and inclusion of electric vehicle financing under the priority sector lending framework
Indian women set to inherit 73 lakh crore, but only 23% have a wealth transfer plan
Wealth creation emerged as the primary investment objective for 86 per cent of respondents, challenging the long-held assumption that women investors tend to be more conservative
Siguler Guff raises $500 mn fund to invest in India's mid-market firms
The fund will focus on high-growth, founder- and family-owned businesses benefiting from domestic consumption across consumer, health care, financial services and technology
Unregistered housing project: Know risks and exit options before booking
Buying into an unregistered housing project can expose homebuyers to legal, financial and construction risks. Here's how to verify a project and seek redress
