The Economic Times

Morgan Stanley retained its positive view on Reliance Industries after its partnership with Rolls-Royce to develop indigenous combat engines for Indias AMCA programme. The brokerage said the move reinforces Reliances evolving strategy.

India's birth certificate has become an indispensable document for its citizens. Recent regulations stipulate that birth registrations are mandatory for obtaining passports and various services. This alteration especially affects Non-Resident Indians facing challenges with overseas births. Any delayed registrations will now necessitate approval from a judicial authority or magistrate. Thus, maintaining precise birth records is crucial for establishing legal identity.

Sunil Singhania-led Abakkus Mutual Fund has crossed the Rs 10,000 crore AUM milestone less than a year after launching its first scheme in December 2025. The fund house now has more than 1.91 lakh investors and manages three equity schemes along with a Liquid Fund.

The CGHS has updated its regulations regarding beneficiary consultations and medical investigations. All follow-up treatments and tests costing up to Rs 3,000 should be done at the same facility. For investigations over Rs 3,000, prior referral from CGHS is necessary. Consultations are valid for a seven-day period within the same specialty. Additionally, eye consultation fees now encompass three specific examination procedures.

Sunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The fund added shares of NTPC, Edelweiss Financial Services, Vedanta Aluminium Metal, SBI, HDFC Bank and ICICI Bank, while trimming three holdings and exiting Bank of Baroda.

Gold mutual funds and ETFs offer beginners convenient ways to invest small amounts monthly. Mutual funds provide professional management and easy redemption, while ETFs offer lower costs for investors comfortable using a demat account.

Apartment owners have no exclusive rights over common amenities if they signed sale deed containing a clause giving consent to sharing them with another housing society, rules Karnataka High Court. Read the article to know why the homeowners lost the case.

Mutual funds stepped up selling in several midcap stocks in July, with Exide Industries, Kalyan Jewellers, Info Edge, FSN E-Commerce and Oil India among the biggest stocks to see net selling.

In today's marketplace, gold prices remain pivotal for both investors and those seeking gifts. Consumers are encouraged to explore pricing options at Tanishq alongside other top brands. The rates for 22K gold jewelry exhibit minor variances among major cities in India. Reliable pricing is provided by Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas. Anticipate the release of indicative retail rates from the IBJA later today.

Do you need witnesses for a registered sale deed? Know what determines the validity of a registered sale deed. Know what the law says

NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident Indians. Premiums are paid through NRE, NRO, or FCNR accounts, and currency fluctuations matter. Country of residence impacts premiums and underwriting due to risk assessments. The location of financial responsibilities guides the decision for buying insurance.

UK-based Indian employee sold 1,540 L&T Infotech shares for Rs 26 lakh which he had acquired through ESOPs, declared Rs 1 lakh short-term capital loss; Tax dept treated it as Rs 29.59 lakh unexplained gains; ITAT Mumbai rules in employee's favour. Read the article to know why.

Gold bond rate: The Reserve Bank of India has established the early redemption price for a certain gold bond series. Investors have the option to redeem these bonds five years post-issuance. The redemption amount is determined by the average gold price over the three business days leading up to redemption. This bond series boasts excellent returns on investment. Sovereign Gold Bonds serve as government-backed securities, providing an alternative to holding physical gold.

Son inherited 50% of mothers land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore claimed Section 54F tax exemption; tax dept denies it; Heres how a 1983 CBDT circular (No. 359 dated May 10, 1983) helped him win the case in ITAT Surat. Read the article.

The ITI Multi Asset Allocation Fund has launched its subscription phase, presenting an option for diversified investments. However, this fund arrives in a sector thats currently facing diminished investor enthusiasm. Financial analysts urge potential investors to approach new fund offers with caution unless exceptional opportunities arise. Multi-asset funds are designed to spread risk and yield across different asset classes, prompting investors to assess their portfolios thoroughly before makin

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.

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 114th part of this series, Riju Mehta explains how personal laws govern marriage, divorce and inheritance for different religions.

Welcome to TrendMap, your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various factor-based investment strategies. The annual returns are ranked for 6 key NSE Factor indices, with a broad-based index, Nifty 500, thrown in for comparison. This map shows that no single-factor strategy consistently outperforms, making a strong case for diversification. By Sameer Bhardwaj.

Trade deals and sourcing shift from China are reviving the sector that investors had written off.

Except for a small number of government colleges of repute, the demand for good quality colleges far outstrips the supply in India. Higher education remains costly and elitist and with the advent of edupreuners, Indian children often study at universities abroad after paying a steep fee or after taking educational loans.

From RSUs to retirement accounts, what returning Indians must settle beforeand afterthey land.

Earning income from futures and options trading or other side hustles? Cumbersome compliance, reconciliation and disclosures mean taxpayers should not wait until 31 August to file.

Luckily, the squeeze phase doesnt last forever. Kids grow up, loans get paid off and people enter peak earning years as they move towards their 50s. And given the increase in surplus during this phase, many people can accelerate retirement contributions meaningfully.

Ageing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with little recourse.

In the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by only eleven percent, largely due to rising input costs. Key sectors such as auto, banking, metals, and pharma played a pivotal role in this expansion. Notably, small and midcap firms showcased impressive earnings per share. Looking ahead, revenue is anticipated to gain momentum from upcoming festivals and premiumization strategies.

Mutual funds raised their cash holdings by Rs 7,856 crore to Rs 1.90 lakh crore in July, recovering from a 19-month low in June. PPFAS held the most cash at Rs 25,291 crore, followed by SBI and HDFC Mutual Fund.

Eight new mutual funds are set to open for subscription this week, with five launching on August 17. The NFO lineup spans fund-of-funds, multi-asset, flexi-cap, healthcare, silver ETF and debt categories, with minimum investments ranging from Rs 100 to Rs 5,000.

Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance and Physicswallah were the other major names on the list, according to Motilal Oswal Financial Services. Monthly shareholding changes ranged from a 10.5% decline to an 8.5% increase.

Equity mutual funds delivered returns of up to nearly 6% during August 1015, led by international schemes. Invesco IndiaInvesco Global Consumer Trends FoF topped the list with 5.59%, followed by Nippon India Taiwan Equity Fund at 5.49%.

Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme targets low risk, high liquidity and overnight-rate-linked returns, with Sanjay Motta as fund manager.

India-focused offshore funds and ETFs delivered returns of up to 32.7% over three months, outperforming the MSCI India USD Index, which fell 12%. Taishin India led gains, followed by Aditya BSL, SBI Resurgent India Opportunities, AsahiLife Neuberger and Wasatch.

Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflows, while longer-duration categories saw redemptions. Experts said flows reflected seasonal treasury movements and continued preference for liquidity.

Good news: Save huge tax penalty as CBDT notifies Foreign Assets of Small Taxpayers disclosure scheme rules; Know who can use it by December 31, 2026. Know how much tax you need to pay.

Mutual funds invested nearly Rs 9,789 crore across 11 IPOs in July, with INDO-MIM attracting the highest allocation at Rs 3,622 crore, followed by SBI Funds Management and Manipal Health Enterprises, highlighting strong institutional appetite.

UK Renters Act: If the tenancy agreement had an end date, it will no longer apply as fixed term tenancy is not allowed; Know how it impacts landlords and tenants

Fixed Deposit (FD) rate for senior citizens investing for five years. The article has a chart using which you can compare the top banks which is giving such high interest rate on FDs. Also know about when you can prevent TDS deduction from FD using Form 15H (senior citizens only).

Bank holiday today: Cstomers are advised to check local holiday schedules, as state-specific holidays may further impact branch operations throughout the month. With regional festivals leading to varying closures in different states, it ensures employees can take time off for significant national and local events.

A life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowingly concealed this information. The consumer commission ruled that insurers must prove conscious concealment, not just non-disclosure. Tata AIA Life Insurance was ordered to pay the Rs 1 crore death claim. This case highlights the need for insurers to provide evidence of deliberate suppression.