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Rains are risky for your vehicle: 5 ways you can make your car monsoon proof

Industry data clearly indicates a substantial increase in weather-related claims during the monsoon, primarily driven by incidents of flooding, waterlogging, and rain-induced vehicle collisions. What this annual pattern of claims teaches us is the importance of proactive vehicle care and informed insurance planning during this time of year.

The Economic Times 2 Aug 2025 8:00 am

Saturday bank holiday: Are banks open or closed today on August 2, 2025?

Bank holiday today: All scheduled commercial banks in India remain closed on the second and fourth Saturdays of every month. Digital banking services remain available for transactions, offering convenience during holidays. Upcoming holidays include Tendong Lho Rum Faat and Raksha Bandhan.

The Economic Times 2 Aug 2025 7:00 am

Q&A with Vishwanath M, Executive Director and CFO, Niva Bupa Health Insurance

In an interview with businessline, Vishwanath says the health insurer is confident of meeting the new regulatory Expenses of Management norm by end of the current financial year

The Hindu Businessline 1 Aug 2025 9:43 pm

RBI okays scheme of amalgamation of fraud-hit New India Co-op Bank with Saraswat Co-op Bank

The scheme will come into force with effect from August 4

The Hindu Businessline 1 Aug 2025 8:40 pm

Banks deploy 1,71,795 cr at the 7-day VRRR auction

The bidding at the auction indicates the amount of surplus liquidity with Banks, which at the last count was at Rs 2.86 lakh crore as on July 31, 2025

The Hindu Businessline 1 Aug 2025 8:19 pm

City Union Bank sees Q1 growth momentum continuing through FY26

MD & CEO N Kamakodi said post-Covid challenges are now behind, and the bank is on a steady growth path

The Hindu Businessline 1 Aug 2025 7:25 pm

Secure your journey with travel insurance from Aditya Birla Capital Digital

With global tourism rebounding, travel insurance via the ABCD App offers comprehensive protection against flight delays, medical emergencies, and unexpected costs. As international travel surges and disruptions increase, this insurance provides financial security, covering expenses like re-bookings and medical evacuations. It's a smart investment, safeguarding travellers from significant financial risks during their journeys.

The Economic Times 1 Aug 2025 6:57 pm

CARE upgrades South Indian Banks credit rating

According to the rating agency, the upward revision was based on the improvement in the banks risk profile and asset quality among others

The Hindu Businessline 1 Aug 2025 6:44 pm

UPI transaction volumes rise to all time high of 19.47 billion in July

In June, a total of 18.40 billion transactions amounting to 24.04 lakh crore were conducted using UPI

The Hindu Businessline 1 Aug 2025 6:40 pm

Choice AMC receives SEBI license to commence mutual fund business

Choice AMC Private, a subsidiary of Choice International, has secured SEBI's final approval to operate as an asset management company for Choice Mutual Fund. This allows Choice Group to enter the investment management sector, expanding its financial services.

The Economic Times 1 Aug 2025 5:33 pm

Lunch Break: Level Up Your Life!

Lunch Break: Level Up Your Life!

The Economic Times 1 Aug 2025 5:29 pm

MEA reports 1703 deportations of Indians from US in 2025

The deportations were carried out via various modes, including US Customs and Border Protection military flights, chartered flights by US Immigration and Customs Enforcement (ICE), and Department of Homeland Security (DHS) charters.

Zee Biz 1 Aug 2025 5:26 pm

My wife and I have Rs 8 lakh base and Rs 7 lakh top-up health insurance cover, do I need more?

My wife and I are currently covered under a floater policy with Rs 8 lakh base cover and a Rs 7 lakh top-up. Do you suggest any changes in our existing coverage?

The Economic Times 1 Aug 2025 5:18 pm

Home Loan Calculation: How can you save Rs 21 lakh and 5 years on Rs 52 lakh, 30-year loan?

In order to save heavily on a house loan, we think of paying a large amount as a down payment to cut down the amount of the loan and interest liability. Selecting a shorter loan term or raising the EMI value can also help repay the loan quickly, cutting down the total interest paid and possibly saving lakhs of rupees. Lets find out how.

Zee Biz 1 Aug 2025 5:06 pm

Check out these cryptocurrencies growing in popularity this week

Cryptocurrency markets are surging in July 2025, with Bitcoin, Solana, and meme coins leading the charge. Little Pepe (LILPEPE) sees a massive search volume increase due to its innovative Pepe Chain. Ripple (XRP) benefits from legal wins and institutional adoption, while Pepe Coin (PEPE) and Floki Inu (FLOKI) gain from whale activity and metaverse developments.

The Economic Times 1 Aug 2025 4:45 pm

Forget low savings interest: This bank is giving you RBIs repo rate as interest with no hidden clauses

Major banks have systematically lowered their FD rates and the interest rates on savings accounts following RBI's 1% repo rate cut since February.

The Economic Times 1 Aug 2025 3:40 pm

Suresh Soni steps down as CEO of Baroda BNP Paribas Asset Management

Suresh Soni will resign as CEO of Baroda BNP Paribas Asset Management on July 31, 2025, for personal reasons. The AMC has initiated a search for his successor and will appoint an interim CEO shortly. Soni has over 28 years experience in investment management.

The Economic Times 1 Aug 2025 3:12 pm

Error in ITR-2 online utility: CA highlights technical bug which may lead to taxpayers with capital gains income, carry forward loss getting scrutiny notices later

A Chartered Accountant has identified a technical error in the ITR-2 online utility, causing inconsistencies between loss adjustment and carry forward schedules. This glitch may lead to incorrect carry-forward of losses, potentially resulting in scrutiny notices and complications for taxpayers with capital gains income. The Income Tax Department is currently investigating the issue.

The Economic Times 1 Aug 2025 2:37 pm

Mutual Fund NFO: 9 funds are currently available for subscription. Check details

Nine mutual fund NFOs are currently open, including index, thematic, mid cap, and multi asset allocation schemes. Fund houses are launching them to diversify and complete their offerings. Closing dates range from August 4 to August 14.

The Economic Times 1 Aug 2025 2:37 pm

ITR filing 2025: Who can file ITR-2, who cannot file it for FY 2024-25 (AY 2025-26)?

For the assessment year 2025-2026, taxpayers using ITR-2 must understand eligibility and new reporting requirements, including capital gains calculations and asset disclosures. Individuals and HUFs with income exceeding Rs 50 lakh, or those with specific income sources like capital gains or foreign assets, may need to file ITR-2.

The Economic Times 1 Aug 2025 2:27 pm

SIP vs PPF with Rs 90,000/year investment: Which can generate a larger corpus in 26 years?

SIP (Systematic Investment Plan) and PPF (Public Provident Fund) are both widely used investment tools. SIP invests in mutual funds with flexibility and the scope of greater returns, but is exposed to market risks. PPF is a tax-saving long-term savings plan with assured returns and tax advantages, with stability but typically lower returns.

Zee Biz 1 Aug 2025 2:22 pm

5 ways to beat inflation without taking big risks

The Economic Times 1 Aug 2025 2:13 pm

How to earn 8% safely with RBIs floating rate bonds

The Economic Times 1 Aug 2025 1:52 pm

Wealth creators: 12 equity mutual funds turn Rs 10,000 SIP to over Rs 10 crore since their inception

Several long-running mutual funds have delivered exceptional returns on consistent SIPs of Rs 10,000. Leading performers include Franklin India Mid Cap Fund, which grew to Rs 23.17 crore, and HDFC ELSS Tax Saver at Rs 21.68 crore, showcasing XIRRs between 17%20% since their respective inceptions in the 1990s.

The Economic Times 1 Aug 2025 1:47 pm

Non-food bank credits dip to 10.2% in June 2025 vs 13.8% y-o-y: RBI

The data, collected from 41 select scheduled commercial banks that account for around 95% of total non-food credit, indicates a broad-based moderation in credit expansion across key sectors of the economy

The Hindu Businessline 1 Aug 2025 1:16 pm

This midcap mutual fund is now open for subscription. 7 key things to know

Bank of India Mutual Fund introduces the Bank of India Mid Cap Fund. This open-ended equity scheme focuses on long-term capital appreciation. The NFO is now available for subscription . Alok Singh will manage the fund, benchmarked against the Nifty Midcap 150 Total Return Index.

The Economic Times 1 Aug 2025 1:05 pm

Adani Power Q1 Results: Cons PAT drops 15% YoY to Rs 3,305 crore; revenue down 6%

Adani Power Q1 Results FY26: Adani Power announced its Q1 FY26 results. The company's net profit witnessed a decrease. Revenue also experienced a dip compared to the previous year. Lower tariff realization and higher expenses impacted profit. Revenue decline was due to imported coal prices. Installed capacity increased, but plant load factor decreased. The company approved a stock split.

The Economic Times 1 Aug 2025 12:53 pm

New UPI rules from August 1, 2025: These new rules could affect your daily transactions from August 1

New UPI rules : National Payments Corporation of India is introducing new guidelines for Unified Payments Interface transactions. These changes aim to improve efficiency and reliability.

The Economic Times 1 Aug 2025 12:47 pm

One MobiKwik Systems Q1 Results: loss widens to Rs 42 crore; revenue declines 21% YoY

One MobiKwik Systems reported a widened consolidated loss of Rs 41.9 crore in Q1 FY26, despite a revenue of Rs 271.3 crore. The company utilized Rs 214 crore from its IPO funds for business growth and R&D. MobiKwik achieved its highest-ever quarterly payments GMV at Rs 38,388.2 crore, with a user base of 180.2 million.

The Economic Times 1 Aug 2025 12:47 pm

Kaynes Technology shares soar over 15% in 2 days. Should you invest now?

Kaynes Technology shares surged 15.5% in two sessions after posting a 47% YoY rise in Q1FY26 net profit to Rs 74.6 crore. Revenue jumped 34% to Rs 673.5 crore. Brokerages remain dividedMotilal Oswal has a Buy with Rs 7,300 target, while HDFC Securities has a Reduce with Rs 6,310 target, citing strong growth but rich valuations.

The Economic Times 1 Aug 2025 12:43 pm

Two companies announce share buybacks at up to 40% premium. Do you own any?

Despite a surge in promoter selling in 2025, Tracxn Technologies and Tanla Platforms are bucking the trend with significant share buybacks at premiums. Tracxn plans an Rs 800 million buyback at Rs 75 per share, while Tanla will repurchase shares worth Rs 1.75 billion at Rs 875 each.

The Economic Times 1 Aug 2025 12:40 pm

Chalet Hotels shares rally 8% after Q1 net profit surges 236% YoY

Chalet Hotels posted a 236% YoY jump in Q1 net profit to Rs 203.1 crore, driven by higher revenue from its Koramangala residential project and strong hotel operations. Operational revenue rose to Rs 894.5 crore, supported by project completions and rising room inventory.

The Economic Times 1 Aug 2025 12:19 pm

Netweb Technologies shares rally 13% after Q1 profit doubles on robust AI demand

Netweb Technologies reported a strong Q1 performance with profit after tax more than doubling year-on-year to Rs 30.5 crore, up from Rs 15.24 crore. Operating income surged 102% to Rs 301.2 crore, while operating EBITDA jumped 127.2% to Rs 44.8 crore, reflecting a healthy margin of 14.9%. PAT margin came in at 10.1%.

The Economic Times 1 Aug 2025 12:14 pm

BRICS membership, Russia ties cloud Indias US trade prospects

Geopolitical tensions, BRICS ties, and Russia trade complicate India-U.S. trade negotiations amid new tariffs.

The Economic Times 1 Aug 2025 12:04 pm

JSW Energy shares rise 4% on strong Q1 results, renewable and thermal push gains

JSW Energy's shares experienced a surge following a robust Q1 performance, with net profit climbing 42.4% to Rs 743 crore, fueled by increased renewable and thermal power generation. Revenue soared by 78.6%, and EBITDA nearly doubled, driven by significant capacity additions, including the acquisition of Mytrah Energy.

The Economic Times 1 Aug 2025 11:58 am

8th Pay Commission Pension Estimates: Is your pension Rs 20,800, Rs 41,300, Rs 61,550 or Rs 81,150? Know how it may be revised at 1.92, 2.57 and 2.86 fitment factors

8th Pay Commission Pension Calculations: A Pay Commission is a significant occasion for a number of central government pensioners who are eager to see their pension amounts getting revised. It may take a year or 2 for the whole process to be done as the 8th CPC is yet to be formed. But how can a pension of Rs 20,800, Rs 41,300, Rs 61,550 or Rs 81,150 be revised if the 8th Pay Commission picks 1.92, 2.28, 2.57, or a 2.86 fitment factor? See calculations to know-

Zee Biz 1 Aug 2025 11:53 am

Trump's Tariff Tsunami: Global trade shaken again

The executive order includes limited exceptions for goods shipped within the coming week.

The Economic Times 1 Aug 2025 11:24 am

Indian textile stocks slide up to 7% after Trump slashes tariffs on rival supplier Bangladesh

Indian textile stocks like Kitex, Pearl Global, and KPR Mill fell up to 7% after the U.S. under Trump slashed import duties on Bangladeshi goods from 35% to 20%, eroding Indias cost competitiveness. Firms with heavy U.S. exposure now face margin pressure as Vietnam and Bangladesh gain ground in key apparel segments.

The Economic Times 1 Aug 2025 11:21 am

Swiggy, Nykaa among 10 midcap stocks where FIIs raised stake in Q1

Foreign Institutional Investors increased their holdings in several mid-cap stocks during the first quarter of fiscal year 26. This indicates a growing interest in specific Indian companies. StockEdge data reveals that FIIs raised their stakes in ten Nifty500 firms. These firms include Vishal Mega Mart, IndusInd Bank, and Coromandel International. Nykaa, Swiggy, and Hitachi Energy also saw increased FII investment.

The Economic Times 1 Aug 2025 11:09 am

Suzlon Energy shares surge 5% after 381 MW order win from Zelestra

Suzlon Energy's shares surged nearly 5% following a 381 MW wind energy order from Zelestra for its first Indian FDRE project. The project, spanning Maharashtra, Madhya Pradesh, and Tamil Nadu, involves 127 Suzlon S144 turbines. Zelestra, backed by EQT, brings global renewable energy expertise to this strategic collaboration, enhancing Suzlon's bullish long-term technical outlook.

The Economic Times 1 Aug 2025 11:04 am

Jefferies upgrades Swiggy to buy with Rs 500 target price but calls it high risk-high reward play

Swiggy shares slipped 4% after Q1 losses doubled, but Jefferies upgraded the stock to Buy with a Rs 500 target, citing a likely bottom in profitability. The brokerage expects easing competition and a pause in dark store expansion to aid recovery, though volatility may persist due to Swiggys low-margin base and high-risk profile.

The Economic Times 1 Aug 2025 11:02 am

Bridgewater founder Ray Dalio sells remaining stake in hedge fund

Ray Dalio has sold his remaining stake in Bridgewater Associates. He founded the hedge fund 50 years ago. Brunei Investment Agency has acquired a minority stake in the firm. Dalio resigned as CEO in 2017. He handed over control in 2022. Bob Prince is now Bridgewater's biggest individual partner. The firm is controlled by a group of employees.

The Economic Times 1 Aug 2025 10:44 am

PNB Housing Finance shares crash 17% after resignation of MD & CEO, Girish Kousgi

PNB Housing Finance's share price plummeted after Girish Kousgi, the MD & CEO, resigned to pursue other opportunities, effective October 28, 2025. The company affirmed its commitment to growth and stability, initiating a search for a new leader. While shares dropped significantly intraday, they have shown positive growth over the past year and five years.

The Economic Times 1 Aug 2025 10:24 am

International mutual funds beat domestic funds with up to 10% returns in July. What should mutual fund investors do now?

International mutual funds outperformed domestic funds in July, with some delivering returns up to 10%. While international funds dominated the top performers, pharma and healthcare sector funds also showed positive results. Experts advise investors to avoid lumpsum investments due to high equity valuations and uncertainty, suggesting SIPs and STPs instead, and to consider booking profits in mid and small caps.

The Economic Times 1 Aug 2025 9:47 am

Best mutual fund SIP portfolios to invest in August 2025

ETMutualFunds' best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 while creating these portfolios. Take a look at our recommended portfolios.

The Economic Times 1 Aug 2025 9:25 am

Alimony: Retired husband to pay 60% of his pension income as maintenance to divorced wife, orders High Court

The High Court ruled that a retired husband must pay his divorced wife Rs 25,000 monthly as maintenance, with a 5% increase every two years, which is about 60% of his ITR declared pension income. The court emphasized that ITR is not conclusive proof of income and maintenance should reflect the wife's marital lifestyle, even after retirement. Read below to know why the husband lost.

The Economic Times 1 Aug 2025 9:00 am

Niva Bupa Health Insurance Q1 net loss widens to 91.44 crore

Gross premiums written for the quarter under review soared 11.44 per cent year-on-year to 1631.90 crore compared to 1464.18 crore in the same quarter of the last fiscal, according to a stock exchange filing.

The Hindu Businessline 31 Jul 2025 10:04 pm

City Union Bank sees 16 per cent growth in profit in Q1 FY26

The private sector bank crossed Rs.300 crore mark of quarterly PAT for the first time in its history

The Hindu Businessline 31 Jul 2025 9:15 pm

PM Kisan 20th Installment: PM Modi to release Rs 20,500 crore to 9.7 crore farmers on August 2

PMKisan20th Installment Latest Update:The centralgovernment isallset to release the 20th installment of the Pradhan MantriKisanSamman Nidhi (PM-KISAN) schemenext month. Prime Minister Narendra Modi willdirectlytransfer overRs20,500 crore to the bank accounts of more than 9.7 crore eligible farmers across the country during his visit to Varanasi on August 2.

Zee Biz 31 Jul 2025 8:54 pm

Bank credit growth slows to 10.2% in June 2025: RBI

Credit demand weakened across agriculture (6.8%), industry (5.5%), services (9.6%), and personal loans (14.7%).

The Hindu Businessline 31 Jul 2025 8:13 pm

SCSS vs PSU Bank Senior Citizen FDs: Where can you get highest quarterly payout on Rs 10 lakh, Rs 20 lakh, and Rs 30 lakh investments?

SCSS vs PSU Bank Senior Citizen FD: Post Office Senior Citizen Savings Scheme (SCSS) offers a quarterly payout after a lump sum investment. On the other hand, banks offer extra interest rates on their FDs to senior citizens compared to what they offer to general citizens. But if you have Rs 10 lakh-Rs 30 lakh to invest. Which will give you the highest payoutSCSS or FDs from leading PSU banks such as SBI, PNB, Canara Bank, BoB, or IOB? See calculations to know-

Zee Biz 31 Jul 2025 7:05 pm

Best crypto futures platforms in India (2025 edition)

From INR-denominated contracts to all-in-one suites, these platforms are revolutionising derivatives access for Indian investors.

The Economic Times 31 Jul 2025 5:30 pm

FASTag annual pass to be effective from August 15, 2025: Price, activation, and key rules explained

Starting August 15, 2025, the Ministry of Road Transport and Highways will launch a FASTag annual pass for frequent travelers. Priced at Rs 3,000, it offers 200 toll-free trips or one year of validity on National Highways and Expressways. Activation is through the Rajmargyatra app or NHAI website, exclusively for private cars, jeeps, and vans.

The Economic Times 31 Jul 2025 4:33 pm

CRED adds Bajaj Allianz, Tata AIG, United India to motor insurance lineup

The platform now manages 1.1 crore vehicles and has facilitated uninterrupted coverage for over 10 lakh vehicles

The Hindu Businessline 31 Jul 2025 4:23 pm

Cholamandalam Investment and Finance Q1 net profit soars 20% to 1,138 crore

The NBFCs assets under management was up 23% at 2,07,663 crore; capital adequacy ratio was at 19.96 per cent

The Hindu Businessline 31 Jul 2025 4:03 pm

Top 4 Smallcap Mutual Funds With Highest SIP Returns in 10 Years: Rs 15,000 SIP investment in No. 1 fund has jumped to Rs 73 lakh

Top 4 Smallcap Mutual Funds With Best SIP Returns in 10 Years: Smallcap mutual funds are risky for their high proportion of smallcap stocks but they have high potential growth in the long term. Smallcap funds have given up to 26.29 per cent annualised SIP return in 10 years. See which of them has topped the tally.

Zee Biz 31 Jul 2025 3:59 pm

A responsible recovery in the aftermath of an alarming cyberattack

Amendments include fund distribution by Zanmai India. The Monetary Authority of Singapore addressed compliance. Voting is scheduled from July 30 to August 6, 2025. Approvals will lead to fund distributions within weeks.

The Economic Times 31 Jul 2025 3:52 pm

8th Pay Commission Salary Estimates for Level 3 Employees: Are you earning Rs 23,100, Rs 29,300, or Rs 40,600 as basic pay? Know your projected revised payout at 2.57 and 2.86 fitment factors?

8th CPC Salary Estimates: Level 3 central government employees, as per the 7th Pay Commission (7th CPC) pay slabs, are lower division clerks, data entry operators (DEO) Grade A, junior secretariat assistants, constables in paramilitary forces, etc. How their basic pay may be revised if the 8th CPC fitment factor is 1.92, 2.28, 2.57, or 2.86.

Zee Biz 31 Jul 2025 3:36 pm

New rules from August 1: From FASTag, SBI Credit Cards, to UPI limit changes you should know

Revised rules for UPI transactions, a new FASTag annual pass for private vehicles, and the withdrawal of complimentary insurance cover on select SBI credit cards are some of the changes that will be implemented this month. These updates could have a direct impact on your daily transactions, travel, and card benefits.

The Economic Times 31 Jul 2025 3:17 pm

Need funds to grow your business? Use a loan against property to unlock capital for expansion. Learn how it works and calculate EMIs easily.

Business owners seeking capital for expansion can leverage their property through a loan against property (LAP). This secured loan offers lower interest rates and longer repayment tenures compared to unsecured options. Funds can be used for infrastructure upgrades, technology investments, or working capital.

The Economic Times 31 Jul 2025 2:39 pm

Retirement Planning: Will Rs 5 crore corpus be sufficient for your retirement? Why you may require more

Retirement Planning: Value of money depreciates. Things that you purchase for Rs 10,000 today may cost you more tomorrow. So if you are a 40-year-old person eyeing an Rs 5 crore corpus 20 years from now, will it be sufficient for your retirement phase of 20 years? Know what amount you may actually need and how you may reach there.

Zee Biz 31 Jul 2025 2:04 pm

SIP Calculation: Rs 20,000/month investment, how quickly can you generate over Rs 15 crore corpus? See calculations

Lets find out how soon you can generate over Rs 15 crore corpus if you invest Rs 20,000 monthly in a systematic investment plan (SIP). Here, we will deal with simple calculations to find out the estimated retirement corpus.

Zee Biz 31 Jul 2025 1:52 pm

Why are arbitrage mutual funds seeing heavy inflows from investors?

Arbitrage funds attract short-term investors with tax benefits, low risk, and stable returns. Ideal for cautious equity investors, these funds generated 6.55% returns and saw AUM surge 36% in a year.

The Economic Times 31 Jul 2025 1:51 pm

Sebi announces extension of deadline for nomination framework

Sebi has extended the deadlines for implementing Phase II and III of the revised nomination process in the securities market to August 8 and December 15, 2025, respectively. The decision follows requests from depositories and industry bodies citing operational challenges. All other guidelines from previous circulars remain unchanged.

The Economic Times 31 Jul 2025 1:17 pm

Markets will hope for a TACO trade if better senses prevail: Nilesh Shah of Kotak Mutual Fund

Trumps 25% tariff on Indian exports and threats of further penalties are stirring geopolitical and trade tensions. Experts cite Indias ties with Russia and BRICS as key triggers. As market volatility rises, policymakers may be forced into growth-oriented reforms while domestic sectors could offer a defensive investment shield.

The Economic Times 31 Jul 2025 12:56 pm

How to buy unlisted company shares before an IPO

The Economic Times 31 Jul 2025 12:41 pm

Earn up to Rs 7000 every month with LIC Bima Sakhi Yojana; Check how to apply, documents and eligibility

Life Insurance Corporation of India launched LIC Bima Sakhi Yojana. This scheme aims to empower women. It offers them a chance to earn monthly income. The scheme promotes insurance awareness. Women will be recruited and trained as LIC agents. They will receive stipends for three years based on performance. The first-year stipend is Rs 7,000 per month.

The Economic Times 31 Jul 2025 12:14 pm

Dogecoin: Is it the future of global payments?

Dogecoin's resurgence is fueled by increased whale activity and tightening supply, sparking debates about its payment scalability against emerging rivals like Remittix. Remittix, a DeFi project focused on cross-border transfers, has raised over $17.6 million and plans a wallet beta launch in September 2025.

The Economic Times 31 Jul 2025 11:49 am

Step-by-step guide on how to file ITR-1 using excel utility with non-taxable LTCG income, salary, others

The Income Tax Department has simplified tax filing with the ITR-1 form, now allowing those with LTCG income up to Rs 1.25 lakh to use it. This guide provides a step-by-step process on how to file ITR-1 using the excel utility, covering everything from downloading the utility to e-verification, ensuring a smooth tax filing experience for eligible individuals. Read more.

The Economic Times 31 Jul 2025 11:06 am

NFO Insight: Can this multi asset allocation fund help diversify your portfolio?

360 One Mutual Fund introduces its Multi Asset Allocation Fund. Subscription is open until August 13. The fund diversifies across equities, debt, commodities, and REITs. It aims to balance risk amid market volatility. Experts advise caution with NFOs, preferring funds with performance history. The fund targets long-term growth and income. It allocates dynamically across asset classes.

The Economic Times 31 Jul 2025 10:54 am

Credit growth during FY26 will not be impacted even if deposit growth is low: PNB MD Ashok Chandra

In order to rein in slippage in the MSME segment, the bank plans to make the digital process mandatory for MSME loans of up to 25 lakh

The Hindu Businessline 31 Jul 2025 10:16 am

Asian stocks slide on weak China data, plunging copper prices

Asian equities experienced a downturn due to disappointing Chinese economic data and a sharp decline in copper prices. Investors are also assessing the implications of a trade agreement between South Korea and the U.S.

The Economic Times 31 Jul 2025 8:43 am

Tata Steel shares in focus after Q1 profit jumps 116% YoY to Rs 2,078 crore

Tata Steel share price: Tata Steel reported a consolidated net profit of Rs 2,078 crore for the June 2025 quarter, more than doubling from Rs 960 crore in the year-ago period. Revenue from operations declined 3% year-on-year to Rs 53,178 crore from Rs 54,771 crore. Despite the dip in revenue, both top and bottom lines surpassed Street estimates.

The Economic Times 31 Jul 2025 8:39 am

Bank of Japan keeps interest rate unchanged at 0.5%

The Bank of Japan said Thursday that it kept its main interest rate unchanged at 0.5 percent, as expected by economists. Japan's economic growth is likely to moderate, as trade and other policies in each jurisdiction lead to a slowdown in overseas economies and to a decline in domestic corporate profits and other factors, although factors such as accommodative financial conditions are expected to provide support, the BoJ said. hih-stu/tym

The Economic Times 31 Jul 2025 8:39 am

Planning to give ITR filing a miss? You must know the consequences

Consequences of not filing ITR: Income tax laws make ITR filing mandatory as specified under the Income Tax Act. However, not many taxpayers are aware of the consequences if the ITR is not filed for a particular financial year. ET Wealth online spoke to a tax expert about the problems that a taxpayer will face if the ITR is not filed.

The Economic Times 31 Jul 2025 8:00 am

No GST on maintenance charges of housing societies below this amount, government clarifies rules for levying GST on maintenance

The Ministry of Finance clarified GST rules for housing societies in response to parliamentary questions. Residents are exempt from GST compliance, with the onus on apartment associations. Maintenance charges up to Rs 7,500 per month per member are GST-exempt, and associations with turnover exceeding Rs 20 lakhs must register.

The Economic Times 31 Jul 2025 8:00 am

Maximize Your Returns: Can multi-asset funds outperform traditional equity investments?

A Franklin Templeton study reveals that a diversified portfolio with 50% equity, 25% debt, and 25% gold has provided competitive returns with lower volatility over the past decade. Multi-asset funds, investing in equity, debt, and commodities, offer investors a way to achieve equity-like returns with greater consistency and reduced risk compared to pure equity funds.

The Economic Times 31 Jul 2025 5:29 am

Fed defies Trump again, keeps interest rate unchanged at 4.3%

Chair Jerome Powell acknowledged that Trumps tariffs are nudging inflation upward but stressed more time is needed to evaluate their long-term impact.

The Hindu Businessline 31 Jul 2025 4:43 am

Sebi confirms Gensol fraud, finds promoters diverted funds, falsified records

Securities and Exchange Board of India (Sebi) on Monday passed a confirmatory order against Gensol Engineering and its promoter-directors Anmol Singh Jaggi and Puneet Singh Jaggi upholding the April order that had prima facie found them indulging in fund diversion and falsifications of documents.

The Economic Times 30 Jul 2025 9:39 pm

Trump tariff fears sink rupee to five-month low

The rupee closed at 87.4250 per US dollar

The Hindu Businessline 30 Jul 2025 8:54 pm

5-year plan: Ujjivan Small Finance Bank eyes 3x growth in loans to 1 lakh cr

Target in line with Ujjivan Small Finance Banks aspirations to become a universal bank

The Hindu Businessline 30 Jul 2025 8:00 pm

Shriram Finance expects 15% AUM growth in FY26: Executive Vice-Chairman Revankar

NBFC expects 10-15 bp improvement in its gross stage 3 or bad loan ratio by FY26 end

The Hindu Businessline 30 Jul 2025 7:37 pm

World Bank plans securitisation, debt swaps to boost development

The bank is working with Goldman Sachs Group Inc. on a pilot project to combine some of the projects backed by its International Finance Corp. unit into a package to offer to the market in the next four to five months

The Hindu Businessline 30 Jul 2025 7:24 pm