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Equity mutual funds gained up to 6% in last week of July. Check top 15 with over 3% gain
Equity mutual funds delivered gains up to six percent in the last week of July. Top performers included technology and transportation sector funds which saw significant returns. SBI Technology Opp Fund and Aditya Birla SL Digital India Fund led the gains. ICICI Pru Transportation and Logistics Fund also performed well during this period. Several other tech and logistics funds also registered positive returns.
Lady got tax notice after selling land for Rs 92 lakh and reporting Rs 22.94 lakh LTCG in ITR; Know how Section 55A(a) helped her win case in Gujarat HC after 9 years fight. Read the article to know the details.
IIRM Holdings raises 150 crore from Carpediem Capital, Sanshi Fund-I
The proceeds will fund expansion, acquisitions, capital expenditure and working capital
CBI books Reliance Capital, ex-chairman Anil Ambani for causing EPFO loss of over 1,800 crore
The action stems from a July 21 complaint by the Union Ministry of Labour and Employment alleging cheating, criminal conspiracy, and causing wrongful loss to the EPFO
UPI clocks record 23.66 billion transactions in July as everyday usage powers growth
UPI transaction volumes rose 4.1% month-on-month from 22.72 billion in June, while the value of transactions increased 3.3% from 28.92 lakh crore
UPI transactions reach record high of 29.9 lakh cr in July
UPI transactions touched a record high of 29.9 lakh crore in May 2026
Muthoot Finance Q1 profit rises 25% to 2,550 crore; gold loan AUM jumps 44%
Strong demand for gold-backed credit helped Muthoot Finance deliver record loan growth and double-digit profit expansion in the first quarter
Karnataka Banks total business crosses 2 lakh cr
The gross aggregate business of the bank stood at 1,97,006.62 crore for the quarter ended June 30, 2026
Builder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer can't be penalised for builder's fault and gives him 54F tax exemption. Know how homebuyer won Section 54F tax exemption case in Telangana High Court.
Sundaram Home Finance hikes interest rates for fixed deposits
Interest rate hiked 0.25% to 7.25% for 3 year deposits and to 7.40% for 4 and 5 year deposits for regular category
Homebuyers lost access to his parking spot after neighbour parked his 2nd car there; Maharashtra co-op appellate court dismissed homebuyers' plea on this ground. The court held that a parking allotment made by a housing society to the original owner does not automatically pass to the 2nd purchaser of the flat. Know more.
For theft of mangalsutra, State Bank of India (SBI) passbook and cash in Rajdhani 3AC coach, North Railways ordered to pay Rs 80,000 compensation to husband and wife duo; Know why. This article has the details.
Bandhan Small Cap among 4 small caps that delivered over 20% CAGR since their respective inception
The top four small-cap mutual funds have delivered over 20% CAGR since their inception. Here's a detailed look at their AUM, inception dates, and performance. (Source: MF Screener)
FCNR(B) deposit inflows robust at $36.725 billion between June 8 and July 31: RBI
Banks have attracted massive NRI deposits under the RBIs temporary hedging facility, boosting forex inflows and strengthening external sector confidence.
Planning investments in midcap mutual funds? Check these 5 funds with upto 25% gain in 3 years
Explained: How the 8-4-3 rule of compounding can help you reach Rs 1 crore sooner
Disciplined investing and compounding accelerate wealth growth towards a Rs 1 crore corpus. The 8-4-3 rule demonstrates how initial investments grow significantly over time. Higher investment returns and frequent compounding periods reduce the time needed to reach financial goals. Starting early and investing consistently maximizes the benefits of compounding for wealth accumulation. Time is a crucial advantage, allowing investments to multiply substantially with regular contributions.
Returns from mutual fund schemes over the past year varied sharply across categories, highlighting the importance of choosing the right fund. Here's a look at the top-performing schemes in each category compared with their benchmark and category average, based on an ET Bureau report.
Q1 Results Today, 01st August 2026 Live Updates: Follow BusinessLine's live coverage of Q1 FY27 earnings on August 1, 2026. Stay updated with the latest financial results, key announcements, earnings highlights and market reaction from companies scheduled to report their June quarter performance today.
When investors think about financial mistakes, they often measure them in rupee terms. One common misstep is temporarily pausing SIP investments and restarting them later. Here's how interrupting your SIP contributions can derail your long-term financial goals, according to ET Wealth.
Retiring with an EMI? Here's when it can make sense and when it could derail your retirement
Retiring debt-free is an ideal goal, but not always achievable or necessary. Experts suggest focusing on EMI affordability rather than complete debt elimination. High-interest unsecured loans pose the greatest risk to retirement finances. Strategic debt management and income generation can support manageable EMIs. Planning finances across life stages helps avoid retirement debt burdens.
Fed Chair Kevin Warsh proposes reducing number of Federal Reserve policy meetings: Report
The proposal could mark the biggest operational change at the Federal Reserve in decades, altering how often policymakers communicate.
FD rate up to 8.3% for senior citizens investing for three years; Know list of banks
Select banks offer senior citizens fixed deposit interest rates up to 8.3 percent. Jana Small Finance Bank provides this highest rate for a three-year term. TDS is deducted if FD interest exceeds Rs 1 lakh annually for senior citizens. Senior citizens can submit Form 15H to avoid TDS if their tax liability is zero. This form helps banks avoid deducting tax when income falls below taxable limits.
All scheduled and non-scheduled banks observe holidays on the second and fourth Saturdays. Banks remain open on the first, third, and fifth Saturdays unless a holiday is specified.
GIFT City offers NRIs and OCIs a dollar-denominated investment ecosystem. This financial hub provides access to global and Indian investment products. Investors can avoid rupee conversion and navigate repatriation rules easily. Various investment options like mutual funds and fixed deposits are available. Read the article to look at the investment options, tax benefits, and the process to get started.
Bessents to-do list says Buy $5-10 billion in Japanese yen, Reuters photo shows
A Reuters photograph has sparked fresh speculation over possible U.S. Treasury action after Japanese authorities intervened to support the yen
ITR income tax filing deadline extension date July 31 2026: Has due date been moved to August?
The July 31, 2026, income tax return filing deadline remains unchanged for many taxpayers. Those who missed this date must now file a belated return and pay a late fee. Taxpayers with business income and those requiring a tax audit have different filing deadlines. The due date for business income without audit is August 31, 2026. Taxpayers needing a tax audit must file by October 31, 2026.
Aadhar Housing Finance logs 19% increase in Q1FY27 net profit at 282 cr
Assets Under Management increased 18% YoY to stand at 31,364 crore as at June-end 2026
RBI streamlines supervisory framework with 64 Master Directions, withdraws 628 circulars
The new directions consolidate 628 existing circulars, including Master Circulars and earlier Master Directions, into a streamlined framework covering 11 categories of regulated entities.
Aditya Birla Capital Q1 net profit up 40% at 1,175 crore
Revenue grew 29 per cent yoy to 14,731 crore
Banks gradually increasing interest rates on fresh term deposits and loans
Banks also raise the one-year median MCLR to 8.6 per cent in July
Karnataka Bank appoints ParthasarathiPeriaswamyasAdditionalDirector
Periaswamy is a technology and cybersecurity leader with over three decades of experience at the highest levels of Indias financial sector
The Latest Fixed Deposit Interest Rates: Jul 31, 2026
The Latest Fixed Deposit Interest Rates: Jul 31, 2026
The Latest Home Loan Interest Rates: Jul 31, 2026
The Latest Home Loan Interest Rates: Jul 31, 2026
Pensionbazaar strengthens its corporate NPS platform to simplify retirement planning
Pensionbazaar has improved its Corporate National Pension System offering. This aims to make retirement planning more accessible and seamless for employees. The platform simplifies onboarding, contribution management, and account servicing for employers. Employees can now digitally manage their retirement corpus and track progress easily. This initiative seeks to make retirement planning a workplace priority and a natural financial journey.
Aptus Value Housing Finance reports 19% increase in net profit at 261 crore
Total income rose 15 per cent to 611 crore from 530 crore in the year ago quarter
DA hike for June 2026: Central government employees likely to get 63% dearness allowance after hike
DA hike: Central government employees anticipate a 3% dearness allowance increase. This expectation arises from the latest AICPI-IW reading for June 2026. The calculation suggests a potential 63% overall dearness allowance for employees. This hike will impact salaries across various pay levels under the 7th Pay Commission. The Finance Ministry will officially announce the final dearness allowance increase.
K Rajaraman gets extension as IFSCA chief till October 2028
Rajaramans extension is aimed at ensuring continuity at the helm as the regulator works towards strengthening the International Financial Services Centre ecosystem at GIFT City
RBI asks banks to install fake currency detection machines at branches along international borders
The Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note authentication machines. All cash handling staff will receive training on security features by October 2026. Banks must analyze fake note data to identify trends and hotspots. This initiative aims to strengthen the identification and reporting of fake currency notes.
PM Kisan instalment date: Check eligibility, beneficiary status and how to complete e-KYC
PM Kisan 24th instalment: The PM Kisan scheme provides annual income support to eligible farmer families. The 24th instalment is anticipated in October 2026, following the June 2026 disbursement. Farmers can verify their beneficiary status online using Aadhaar or account numbers.
Investors face a choice between single and multiple fixed deposits for large sums. Splitting deposits offers better liquidity and increased insurance coverage. FD laddering allows reinvestment at prevailing interest rates for potential gains. Managing multiple FDs requires more effort and careful tracking of renewals.
Favara-UPI cross-border payment corridor goes live between Maldives, India
Following the launch of the service on Thursday (July 30), individuals from the Maldives can now transfer funds in real time to UPI-enabled bank accounts in India through their mobile banking applications
Bajaj Finservs Q1FY27 consolidated net profit attributable to owners up 12% at 3,132 cr
BFS to enter re-insurance business
Mutual fund NFOs: 5 new funds are open for subscription now. Check dates and key details
Five new mutual fund offers are currently open for subscription, including two ETFs, two domestic FoFs and one flexi-cap fund, giving investors fresh options across diverse investment categories.
Moody's assigns Baa2 rating to RBL Bank
The outlook for the bank is stable and incorporates strong affiliate support from Emirates NBD Bank, its largest shareholder
6 smallcap mutual funds deliver over 20% return in 6 months. Do you own any?
Six smallcap mutual funds delivered over 20% returns in the past six months, led by Bank of India Small Cap Fund, reflecting strong performance in the segment, according to ACE MF data.
Do you also believe that having more would mean that you will have a better plan? Well, if you do, you might be wrong. 'Business philosopher Jim Rohn's 70/30 money rule explains why financial planning matters more than income. Read on to know budgeting rules to manage your money smarter.
Wealth creators: 12 equity mutual funds turn Rs 1,000 SIP to nearly Rs 3 crore since their inception
Twelve equity mutual funds have turned a Rs 1,000 monthly SIP into more than Rs 1 crore since their inception, with the top performer generating a corpus of up to Rs 2.86 crore. The list spans seven fund categories, led by midcap and flexicap schemes.
Fitment factor in 8th Pay Commission: Employee groups recommend increasing annual increments and merging dearness allowance with basic pay. This move aims to accelerate salary growth for government employees and pensioners. A higher increment rate and DA merger could potentially double gross salaries within seven years. Various organizations have submitted specific proposals regarding increment percentages and DA merger thresholds. These recommendations are part of submissions made to the 8th Pay Commission.
ITR filing deadline: Nearly 5.44 crore taxpayers filed income tax returns for AY 2026-27 by July 30. Experts suggest the July 31 deadline extension for income tax returns is unlikely. The e-filing portal has been functioning smoothly with no widespread technical issues reported. Taxpayers should file their returns by the July 31 deadline to avoid penalties. The government has previously extended deadlines due to significant technical problems.
Gold rate today: Gold prices saw a marginal increase at major jewellery brands today. Tanishq's 22k gold rate rose to Rs 13,300 per gram. Malabar Gold & Diamonds and Joyalukkas also reported slight price hikes. Kalyan Jewellers has yet to update its 22k gold price for the day. IBJA's indicative retail selling rates for gold and silver were also provided.
ITR filing deadline: Missing the July 31 income tax filing deadline allows for belated returns. Taxpayers can file a belated return within nine months of the tax year's end. A revised return can be filed within twelve months of the tax year's end.
What if you miss the July 31, 2026 ITR filing due date? Here are your options
Missing the July 31, 2026 ITR filing deadline incurs a late fee. Belated returns can be filed with interest and a penalty up to Rs 5,000. Crypto investors lose the ability to carry forward losses to future tax periods. Non-filing can trigger tax notices from the department. Options include condoning the delay or filing a belated return.
Taxpayers face a choice between filing income tax returns now or later. The income tax return due date is approaching for many individuals. Filing a revised return corrects errors but large deviations may attract scrutiny. Belated returns are an option if the original deadline is missed. Missing the belated deadline has consequences similar to not filing at all.
Capital Group buys 1.5% stake in IIFL Fin for 374 cr; stock rises over 2%
The transactions were executed on Thursday at an average price of 590 apiece, taking the deal size to Rs 374.02 crore
Hyderabad real estate 2026: 8 attractive locations for homebuyers, investors and IT professionals
Should you buy the next IPO? 245 companies waiting to list. Here's what's coming
Higher oil prices could push Fed to resume rate hikes later this year: ICICI Bank report
Fed reinforces its data-dependent approach, with future policy decisions likely to be driven by incoming inflation, labour market data rather than forward guidance, says ICICI Bank
Technology sector mutual funds achieved substantial gains during July. HDFC Technology Fund led with a remarkable 16.91% return for investors. Other tech funds also delivered double-digit returns, outperforming many others. International funds experienced significant declines, primarily due to market corrections. Experts advise diversified equity funds for balanced long-term investment strategies.
India launches first sovereign-backed maritime liability insurance under BMIP
The new insurance product strengthens Indias maritime risk management framework while expanding domestic underwriting capacity and reducing reliance on overseas insurers.
Scheme selection key as mutual fund returns vary widely across categories
Mutual fund returns show significant differences between top and bottom performers. The flexi-cap category saw a wide gap between gains and losses. Small-cap funds also displayed considerable divergence in their yearly performance. Market trends favored stock-specific bets and certain sectors over traditional ones. Investors must understand fund styles and team track records for better selection.
Banks to make daily disclosure of bulk depositsinterest rates on their website
These instructions come in the wake of banks following differing practices in dealing with bulk deposits
Bajaj Finance Q1FY27 standalone net up 29% at 5,345.50 cr
The NBFC logged a 28% y-o-y growth in consolidated net profit at 6,081 crore against 4,765 crore in Q1FY26
Bajaj Finance expects its consolidated AUM to multiply about 7X to 40 lakh cr by 2036
Indias domestic credit has grown at a CAGR of 15% to 235 lakh crore in the last 21 years
Bajaj Finance Q1 profit rises 28% to 6,081 crore; beats estimates
Assets under management grow 24% on robust retail credit demand, its fastest pace in 3 quarters
HDFC Bank spent 1,316 cr under CSR initiatives in FY26, up 23%
Parivartan, the bank's CSR initiative, has impacted over 10.77 crore lives, HDFC Bank said in a statement
Sundaram Home Finance Q1 net profit up 37% at 85 crore
Disbursements rise 12% to 1,665 crore
ITR filing deadline: The July 31, 2026, deadline is crucial for many taxpayers filing income tax returns. Missing this date incurs a late filing fee based on total income. Belated returns for AY 2026-27 can be filed until December 31, 2026. E-verification within 60 days is necessary to validate the filed return.
BookMyForex adds travel rewards to forex card with MakeMyTrip travel discounts
New customers will also receive up to 2% cashback on their first forex load on a minimum load of 25,000
These 4 flexicap mutual funds delivered single-digit returns in 3 years. Check details
Four flexi cap mutual funds delivered single-digit returns over the last three years, while one posted a marginal negative return, according to ETWealth. In contrast, the top-performing flexi cap funds generated returns of up to 19.8% during the same period.
Confused about ITR forms? Here's how to pick the correct ITR for AY 2026-27
Choosing the right Income Tax Return form for AY 2026-27 depends on income sources. ITR-1 now allows reporting income from two house properties. Salary, house property, and other sources can be reported in ITR-2. Business or professional income generally requires ITR-3 or ITR-4. Complete income profile determines the final ITR form selection.
The government has clarified no LTCG tax scrapping for foreign investors. Only investments in Government Securities now receive tax exemptions. This measure aims to attract foreign portfolio investors to the G-Secs market.
UGRO Capital arm GROx targets 5,000 cr AUM
GROx Technologies aims to tap into Indias vast merchant ecosystem, leveraging advanced DataTech solutions to bridge the $20 billion credit gap and enhance access to working capital for millions of underserved businesses.
Inconsistency in witness testimony led to a 1957 executed registered sale deed being ordered for cancellation and a long battle for buyer to secure his rights in the 15 bigha land; SC restores buyer's rights in this land; Know why
Will government raise Rs 21,000 ESIC wage ceiling? Here's what Labour Ministry said
The ESIC wage ceiling is periodically increased by the government. The last revision raised the limit to twenty-one thousand rupees monthly. The Code on Social Security, 2020, now encompasses more establishments. Gig and unorganised workers are now covered under the ESIC scheme. Attendance restrictions for seasonal workers' treatment remain unchanged.
Planning to withdraw from your mutual fund SIP? Here's the impact on your financial goals
Withdrawing money from your mutual fund SIP can significantly delay your financial goals by hampering the power of compounding. Early withdrawals cause maximum damage to your long-term wealth creation. Here is how pulling out funds at different stages impacts your timeline to build a target corpus of Rs 1 crore.
Gold prices saw a slight increase across major jewelry brands today. Tanishq's 22K gold jewelry is priced at Rs 13,275 per gram. Other brands like Malabar, Kalyan, and Joyalukkas offer 22K gold at Rs 13,230. IBJA rates show 24K gold at Rs 14,240 and 22K at Rs 13,898. Silver prices also saw a slight adjustment from yesterday's rates.
ITR filing deadline 2026: 5 checks you must complete before submitting your income tax return
Dhanlaxmi Bank clocks 24.91 crore net profit in Q1FY27
Total deposits reached 19,404 crore from 16,570crore as on June 30 2025, recording 17% growth.
Looking for midcap mutual funds in July 2026? Here are 5 funds to consider
ETMutualFunds shortlisted five top midcap mutual funds based on rolling returns, consistency, downside risk, outperformance and asset size, highlighting options suitable for investors with high risk tolerance and long-term horizons.
International funds offered excellent returns over the past year, outperforming domestic options. However, fresh investments are currently restricted due to regulatory limits. Experts suggest alternatives like LRS platforms and GIFT City funds for global exposure. Diversified global ETFs tracking broad indices are recommended for new investors. Investors should maintain international allocation for diversification and risk-adjusted returns.
9 financial stocks, 9 report cards: Check the top buy picks according to analysts
Best medium to long duration funds to invest in July 2026
Conservative investors often avoid medium to long duration debt funds due to their inherent risks. These funds invest in longer-term instruments, making them sensitive to interest rate fluctuations. Even small rate increases can cause significant volatility and potential investor losses. Investors with a higher risk tolerance and long horizon can consider these schemes. Competent advisors can guide investors aware of the associated extra risks.
Q1 Results Today, 30th July 2026 Live Updates: Stay tuned for more from businessline
Federal Reserve holds interest rates as rare split vote signals rising inflation concerns
A divided policymaking committee underscored persistent inflation risks, keeping investors focused on the timing and likelihood of the next policy move
Kevin Warsh records the biggest early Fed policy dissent of any chair since 1970
Three policymakers backed higher interest rates, giving Kevin Warsh one of the most divided starts to any modern Federal Reserve chairmanship
Chola MS records 6.7% growth in Gross Written Premium in Q1FY27, profit falls
J&K Bank Q1 net profit rises to 424 crore
Total business crossed the Rs 3 lakh crore milestone, rising more than 20% per cent to Rs 3.04 lakh crore
SBI Card, Google Pay launch co-branded credit card for everyday digital spending
The new offering combines SBI Cards credit card expertise with Google Pays rapidly expanding digital payments ecosystem.
