Reliance Jio, the telecom and digital division of RIL, has announced a significant 25% year-on-year increase in net profit, reaching 7,110 crore for the first quarter. The company's revenues also saw substantial growth, climbing 19% year-on-year to 41,054 crore during the same period.

Reliance Industries Q1 Results: Mukesh Ambani led Reliance Industries (RIL) on Friday reported a 78% growth in its Q1FY26 consolidated net profit at Rs 26,994 crore versus Rs 15,138 crore in the year ago period. The profit is attributable to the owners of the company and is above Street's estimates of Rs 22,069 crore.

Markets regulator Sebi on Friday proposed to review the categorisation of mutual fund schemes in a bid to improve clarity and address the issue of overlap in portfolios of schemes.

Little Pepe presale is gaining momentum. It has raised over $6.57 million. The token price is now $0.0015. Little Pepe is launching a Layer-2 blockchain. It offers low transaction fees. The platform has an anti-sniper bot system. A launchpad will allow creators to deploy new tokens. A $777,000 giveaway campaign is also live.

Even if the main EPFO website is down, you can still access many EPFO services, such as viewing passbooks and raising and tracking claims through the UMANG (Unified Mobile Application for New-age Governance) app from your mobile phone. Through the UMAG app, EPF members can access several services of EPFO, including passbook viewing and claim status checks.

Kotak Mutual Fund increased holdings in Eternal (Zomato) and 380 stocks while cutting exposure in RIL and 139 others. Three new stocks were added. HDFC Mutual Fund exited six stocks, including Orient Cement and Elin Electronics.

Kotak Mahindra Prime will finance Tesla's electric vehicles. It is the first financier to get this status in India. Kotak Mahindra Prime will offer special car finance plans for Tesla EV buyers. Customers can view Kotak Mahindra Prime's financing options on Tesla's India portal. This collaboration will help customers achieve sustainable living. Shahrukh Todiwala shared his thoughts on this partnership.

Mirae Asset Mutual Fund, with Rs 2.11 lakh crore AUM as of June 2025, held HDFC Bank as its top stock. Other key holdings included ICICI Bank, Axis Bank, Infosys, ITC, SBI, Bharti Airtel, TCS, and L&T, with minor portfolio weight changes.

The Wealth Company Asset Management Holdings Private secures Sebi's final approval, launching its mutual fund business as The Wealth Company Mutual Fund. Aiming to democratize wealth creation, the company focuses on Tier 3 markets and beyond, leveraging data-driven research and AI insights.

The Department of Posts will soon offer KYC services for mutual fund investors. This service will be available through its extensive network of post offices. A Memorandum of Understanding has been signed with the Association of Mutual Funds in India.

In June, top mutual funds saw broad cash reduction, with Motilal Oswal driving major deployments. Parag Parikh Flexi Cap Fund held the highest cash, followed by HDFC, SBI, and ICICI funds.

DSP Mutual Fund has launched Endurance SIF, a specialized investment platform tailored for experienced investors. Positioned between traditional mutual funds and personalized portfolios, it combines bespoke strategies with regulatory discipline. Backed by DSPs decades of mutual fund and hedge fund experience, Endurance aims to deliver absolute returns through long-term, principle-based investing.

Thane's property market has shown significant growth over the last few years. Average 2-BHK prices in Mumbai's Thane suburb have increased by 46% in three years, outperforming other major Indian cities in price growth. It is also over 50% more affordable than Mumbai central and western suburbs, in addition to offering substantial capital price appreciation

Silver, once a traditional store of value, now plays a dual role as a precious and industrial metal. However, it fails across key portfolio functionsreturns, stability, crisis protection, and income. While tactical opportunities exist, they demand precise timing. Silver suits only minor allocations, not core portfolios.

The Income Tax Department has enabled Income Tax Audit via Forms 3CA-3CD and 3CB-3CD on the e-Filing ITR portal. These changes are effective for the financial year 2024-25. The deadline for filing the tax audit report is September 30, 2025. Taxpayers must file their income tax returns by October 31, 2025. Read below to know more.

XRP's recent surge past $2.41 has sparked speculation of a potential $10 breakout, fueled by increased whale activity and derivatives trading. Meanwhile, Remittix (RTX) is emerging as a strong competitor in cross-border payments, offering real-world utility with its crypto-to-fiat conversion and staking rewards, challenging XRP's dominance with innovative solutions.

Meme coins are making a significant comeback in 2025, with a new wave of tokens capturing investor interest. While established names like DOGE and SHIB have matured, coins like Little Pepe, Bonk, and Pudgy Penguins are gaining traction. These tokens combine viral appeal with innovative features, potentially delivering substantial returns before the next bull market peak.

The funds have been shortlisted based on mean rolling returns, consistency in the last three years, downside risk, outperformance, and asset size.

PM Kisan Samman Nidhi 20th instalment date: The 19th instalment was disbursed in February. The PM Kisan Yojana provides Rs 6,000 annually in three instalments. eKYC is mandatory, with options like OTP and biometric verification. Farmers can check their beneficiary status online.

Capitalmind Mutual Fund has launched its Flexi Cap Fund, an open-ended dynamic equity scheme investing across market caps, closing on July 28. The fund aims for long-term capital appreciation, employing a rule-based active approach and quantitative factor-based methodologies. Experts advise caution with NFOs, suggesting investors consider existing funds with performance records, while highlighting flexi-cap funds' potential in volatile markets.

Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.

Indian property owners selling real estate acquired before July 23, 2024, now have a choice regarding capital gains tax. They can opt for a 20% tax with indexation, adjusting for inflation, or a 12.5% tax without it. Indexation isn't always beneficial; it depends on the property's acquisition year, sale year, and prevailing tax rates. Read below to know the calculations.

The I-Tax Department has extended the last date for filing ITR from July 31, 2025, to September 15, 2025, for FY 2024-25. Verifying Form 26AS confirms that the tax deducted matches the amount shown on your ITR.

The Income Tax Department has enabled online filing for ITR-2. Taxpayers with capital gains and crypto income can now file returns. The e-filing portal has pre-filled data for convenience. The extended deadline for FY 2024-25 is September 15, 2025. ITR-2 is applicable for individuals and HUFs with various income sources. Key updates include capital gain splits and enhanced deduction reporting.Know more.

Markets closed lower on Thursday due to persistent volatility surrounding the Nifty's weekly F&O expiry, and are expected to consolidate amid earnings reports and US-India trade talks. Technically, bearish sentiment may push the Nifty towards 24,900, while 25,260 acts as resistance. The rupee weakened, and FIIs were net sellers.

Equity-linked savings schemes (ELSS) are losing traction as investors shift to the new tax regime, diminishing the demand for this tax-saving option. Fresh investments are drying up, and investors are withdrawing funds after the mandatory three-year lock-in period. ELSS has experienced net outflows, contrasting sharply with the growth in other equity scheme categories.

Sterling and Wilson Renewable Energy reported a 680% YoY surge in Q1FY26 net profit to 39 crore, driven by a 93% revenue increase to 1,762 crore. EBITDA rose 176% YoY. Sequentially, profit and revenue dipped, but operational efficiency and execution remain strong.

Eight mutual fund NFOs are currently open for subscription across various categories including thematic, sectoral, multi asset, large & mid cap, equity savings, and passive funds. Closing dates range from July 18 to July 25.

Irdai is considering limiting Kiwi General Insurance's retail health offerings due to WestBridge Capital's majority stake in both Kiwi and Star Health, raising conflict of interest concerns. This situation, unprecedented in the industry, necessitates regulatory action to protect policyholders and minority investors in listed Star Health. The regulator's decision on Kiwi's final approval will likely address these overlaps.

UIDAI has recommended that Aadhaar number holders report the death of their family members on myAadhaar Portal after obtaining their death certificate from the municipal authorities. This move aims to prevent fraudulent use of the deceaseds Aadhaar number for activities like claiming subsidies, opening bank accounts, or availing any other benefits from the government.

SEBI has proposed using domestic spot prices for valuing gold and silver in ETFs, replacing varying practices across fund houses. This aims to standardize valuation, reduce duplication, and align physical and derivative asset pricing. Feedback is invited till August 6.

Active mutual funds recorded their highest equity purchases in five months of Rs 44,900 crore, while total equity inflows stood at around Rs 30,000 crore.

Abhishek Tiwari, currently Chief Business Officer at PGIM India AMC, has been with the firm for over seven years. He has played a key role in driving its growth across mutual funds, PMS, and alternatives, shaping expansion strategy and building strategic partnerships, the fund house said.

The Department of Posts has issued an order to make account freezing a regular exercise to be conducted twice a year to identify such accounts to ensure safety and security of hard-earned money of depositors.

Radhika Gupta, CEO of Edelweiss Mutual Fund, says investors often rush into choosing between stocks, FDs, or mutual funds without understanding the basics. She urges beginners to focus on financial foundationslike risk, return, and protectionbefore selecting products, and to personalise their portfolios, not copy others.

Ace investor Mukul Mahavir Agrawal acquired a 1.14% stake in Yatharth Hospital & Trauma Care Services in the June 2025 quarter, purchasing 11 lakh shares worth around Rs 68.1 crore. Following the update, the stock rose 3% in Thursdays trade on the BSE and has rallied 40% over the last six months.

In 2025, an Indian engineer working in Dubai, won a tax case against the Income Tax Department regarding a Rs 69-lakh 'unexplained investment'. The department questioned his Kerala property purchase and fixed deposit investments. While he gave explanations for these assets and investments, the tax dept rejected it. The Income Tax Appellate Tribunal (ITAT) Mumbai ruled in his favor on two technical grounds. Read to know how he won.

On July 16, six NSE F&O stocks, including PG Electroplast and Angel One, saw a notable surge in open interest, indicating increased futures market activity and fresh position buildups.

If you are bothered about the uncertainties and volatility in the market, you can consider investing in aggressive hybrid mutual funds. Mutual fund advisors typically recommend aggressive hybrid fund schemes to conservative equity investors to create wealth to achieve their long-term financial goals.

Gold exchange-traded funds (ETFs) returns are fading. Silver ETFs are performing better. Investors are now confused about choosing between gold and silver. Some fund houses offer combined gold and silver funds. Experts suggest separate funds for active management. Combined funds suit hands-off investors. Diversifying into both metals balances the portfolio. Consider market volatility and geopolitical tensions.