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Trump says Intel has agreed to a deal for US to take 10% equity stake; Intel shares surge 6%
President Trump announced a deal where the U.S. would acquire a 10% stake in Intel, following a meeting with CEO Lip-Bu Tan. This move comes after Trump demanded Tan's resignation over ties to Chinese firms, resulting in a $10 billion investment. The federal backing aims to revive Intel's struggling foundry business amidst turnaround efforts.
US small caps, housing stocks rally as Powell opens door to rate cuts
Rate-sensitive stocks rallied on Friday after U.S. Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be on the table in September, citing a shifting balance of risks.
Marking its 30th Foundation Day, AMFI announced initiatives to deepen financial literacy, expand investor education through campaigns, trains, and partnerships, strengthen Indias retirement ecosystem, train one lakh postmen, and nurture youth financial awareness via nationwide essay competitions.
What to Know Before Purchasing a Second Property?
Headline inflation best guide for conduct of monetary policy, experts say
The inflation target can be changed from 4% to 4.5-5%, say experts
Powell announces policy framework tweaks for changed economic landscape in Jackson Hole speech
Nodding toward significant changes in the economic landscape over the last five years, Federal Reserve Chair Jerome Powell on Friday announced an updated operating framework for the U.S. central bank that reflects the return of higher inflation pressures and reduced prospect of near zero short-term interest rates.
Financial services among the most AI-applicable sectors: Acuity COO
Over the past few years, the company has evolved from being a purely people-led service provider to a people-plus-technology business, building AI solutions to complement its domain expertise
Income from online real money games like Dream 11 and Rummy is taxable, necessitating ITR filing. Even small winnings are subject to a 30% tax rate, and TDS is deducted by gaming platforms. Failure to report such income can lead to tax notices and potential prosecution, emphasizing the importance of compliance.
SIP is a popular way to invest in mutual funds by making fixed amount of contributions at regular intervals. The investmentcan be done daily, weekly, monthly, quarterly, half-yearly, and yearly.
To secure a child's future foreign education, initiating early investments through a step-up SIP is crucial. Starting with a monthly SIP of Rs 20,413 and increasing it by 8% annually over 18 years, targeting 12% returns, can help accumulate Rs 2.41 crore. But if you delay investment by just 3 years, the overall cost may rise by nearly 17%.
Indranil Bhattacharyya to be ex-officio member of MPC
This appointment comes as the current ex-officio member of the MPC Rajiv Ranjan, ED, will be retiring September-end
Paytm users can now make UPI payments with RuPay credit cards: How it works
How much time does it take to clear a cheque?
The Reserve Bank of India has released details regarding the premature redemption of Sovereign Gold Bond tranches from October 2025 to March 2026. SGBs offer the dual benefit of gold price appreciation and a fixed annual interest of 2.5%, paid semi-annually.
The Karnataka government has announced a 50% rebate (waiver) on pending traffic penalties beginning on August 21, 2025, in an effort to ease the burden on the public and expedite the settlement of pending traffic infraction cases throughout the state.
Top 7 flexi cap mutual funds to invest in August 2025
Seven top flexi cap mutual funds, including Parag Parikh, HDFC, UTI, PGIM India, Aditya Birla Sun Life, SBI, and Canara Robeco, have been shortlisted based on rolling returns, consistency, and risk. Investors with a 57 year horizon can consider these schemes to build wealth over the long term.
Mutual fund NFO: 6 funds are currently open for subscription. Check details
Six mutual fund NFOs are open for subscription, including two FoFs, two domestic FoFs, one ETF, and one index fund. Investors can choose from options like gold, multi-asset, and index strategies, with closing dates between August 25 and September 4.
B30 locations continues to be inclined towards equity mutual funds: ICRA Analytics
In July 2025, B30 locations contributed 18% of mutual fund assets, rising 3% MoM and 21% YoY. These investors prefer equities (76.55%) over debt. Retail investment dominates B30, with 26.92% direct, while institutional assets concentrate in T30 cities. HNIs favor direct investments, accounting for 28.61% of their holdings.
Muthoot Microfin eyes gold loan co-lending tie-up with parent
The move is part of long-term strategy to change the loan mix after RBI relaxed the qualifying assets criteria for NBFC-MFIs
To finalise online ITR filing, verifying your income tax return is essential. Taxpayers can add and pre-validate their bank account details on the income tax portal to receive a tax refund. Multiple accounts can be validated and nominated for refunds. It's important to keep contact details updated to avoid issues with revalidation.
RBI says flexible inflation targeting framework served India well amid global challenges
The RBI highlighted that India's experience with inflation targeting is unique compared with other countries. This is because more than half of the consumption basket in India consists of food and energy items
35 equity mutual funds complete over 25 years in 2025. How much returns did they offer?
As numerous new schemes emerge, 35 equity mutual funds in India have marked 25 years. These include ELSS, large and mid-cap, large-cap, flexi-cap, mid-cap, value, contra, multi-cap, and small-cap funds. SBI Long Term Equity Fund, launched in 1993, delivered a 16.36% CAGR, while HDFC ELSS Tax Saver posted the highest at 23.24% since 1996.
Who is Avadhut Sathe, the Bollywood-style trading guru now under Sebi lens?
Finfluencer Avadhut Sathe, known for his unconventional trading lessons, has come under SEBIs scanner after a search-and-seizure operation at his Karjat academy on August 20, as part of the regulators crackdown on unlicensed financial influencers.
Banks bad loans decline sharply 9.5% y-o-y in Q1FY26, asset quality improves: Care Edge
The report said that the gross NPA (GNPA) ratio also showed an improvement, falling to 2.3% in Q1FY26 compared to 2.7% a year ago
6 equity mutual funds outperformed their benchmarks in 3 years
Six equity mutual funds posted the highest up capture ratios above 135 in three years, led by Bandhan Small Cap, Invesco mid- and small-cap schemes, JM Value, Bank of India Flexi Cap, and Motilal Oswal ELSS. Others recorded ratios between 12.45134.95.
Consumption-themed mutual funds have shown strong returns, averaging 12.28% in the last six months, with some funds reaching 18%. Proposed GST rate cuts are expected to further boost demand across sectors like FMCG and consumer durables. However, experts advise a balanced approach, suggesting diversified equity funds may offer better long-term exposure compared to these narrow thematic plays.
Yes Bank shareholders approve extension of CEO Prashant Kumars tenure till April 2026
Kumar, who took charge after the banks reconstruction in March 2020, was reappointed in 2022 for a three-year term
Best banking & PSU mutual funds to invest in August 2025
Mutual fund advisors say banking & PSU debt schemes are relatively safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they dont have the credit risk.
FinPal, a software engineer, explained on X how online portals instantly validate credit card numbers using the Luhn Algorithm and apply bank-specific offers through the BIN system. The first digit identifies the card network, while the initial 6-8 digits reveal the issuing bank and card type. RBI guidelines address unsolicited cards, activation criteria, and interest charges on partial payments.
RIL Share Price Live Updates: RIL Trading Volume Insights
Kotak Bank Share Price Live Updates: Kotak Bank's Trading Volume Overview
M&M Share Price Live Updates: M&M Trading Metrics
Bharti Airtel Share Price Live Updates: Bharti Airtel's Recent Trading Volume
Asian stocks in tight range as rate cut bets pared
Asian equities showed mixed performance as US stocks and bonds declined, driven by reduced expectations for imminent Federal Reserve rate cuts. Attention is now focused on Jerome Powell's upcoming speech at the Jackson Hole symposium, with markets anticipating potential signals on future policy shifts. Meanwhile, the Justice Department is considering investigating Fed Governor Lisa Cook.
5 health insurance policies where you won't have to pay 18% GST
Gap between bank deposit accretion and credit disbursement widens this fiscal
This comes at a time when banks are having healthy deposit inflows even amid deposit rate cuts and credit growth has slowed
Aikyam Capital launches GIFT Citydomiciled Aikyam India Discovery Fund
Aikyam Capital has launched the Aikyam India Discovery Fund (AIDF), a GIFT City-domiciled, USD-denominated Category III AIF offering tax-efficient access to Indias equity markets. Targeting NRIs and global investors, AIDF invests in top mutual funds and ETFs with dynamic allocation, delivering transparency, governance, and long-term exposure to Indias growth story.
How to make Aadhaar-related corrections in EPFO UAN?
SBI opens Centre of Excellence for MSMEsat its Gurugram Academy
The Centre has been established with an objective of strengthening the MSME ecosystem through capacity building, research, and industry collaboration, thereby contributing to Indias vision of becoming a developed nation
Save tax in the new tax regime- 5 smart strategies to maximize tax benefits
Mid cap funds delivered up to 28% annualised returns in three years, with Motilal Oswal, Invesco India, HDFC, Nippon India, and Kotak Nifty Midcap 50 ETF leading performance, per ETWealth.
No denial of benefits without Aadhaar authentication: ESIC clarifies in new notification
The Labour Ministry has recently announced that the Employees' State Insurance Corporation (ESIC) can now use Aadhaar authentication to verify the identity of beneficiaries.
Decode the investment potential of Axis Flexi Cap Fund
In volatile markets, investors need adaptable funds for steady portfolios. Axis Flexi Cap Fund offers a solution by investing across market capitalizations, focusing on growth-oriented firms and diverse sectors like healthcare and financial services. Managed by a skilled team, it aims to mitigate risk and capture long-term growth opportunities, making it suitable for investors seeking capital appreciation.
This tiny northeastern state witnesses highest MoM growth in average AUM in July: ICRA Analytics
Indias mutual fund industry AAUM grew 19.01% YoY in July 2025, with Mizoram and Nagaland showing the fastest growth. Maharashtra led overall contribution, while equity-oriented schemes dominated at 54.56%, highlighting sustained investor preference for growth-focused funds across states.
NFO Alert: SBI Mutual Fund launches dynamic asset allocation active FoF
SBI Mutual Fund has launched the SBI Dynamic Asset Allocation Active FoF, an open-ended fund-of-fund scheme investing in actively managed equity and debt mutual funds. The NFO runs from August 25 to September 8, with a minimum investment of Rs 5,000. The fund, managed by Nidhi Chawla (equity) and Ardhendu Bhattacharya (debt), offers diversified, risk-managed exposure and SIP options.
These 5 equity mutual funds offer up to 25% return in 10 years on SIP investments
Over the past decade, several equity mutual funds have rewarded SIP investors with strong annualised returns. Quant Small Cap Fund leads with 24.5%, followed by Nippon India, Motilal Oswal, Invesco India and Nippon Growth midcap funds.
National Senior Citizens Day: People celebrate National Senior Citizens Day by spending time with elderly loved ones, hearing their tales, working at senior centers, or just showing gratitude for their achievements.
Chartered Accountants highlight a critical issue with tax rules. Rule 114E(2) causes duplicate reporting for joint account holders. This leads to unnecessary tax notices, especially for non-filers. Experts suggest reviewing AIS/TIS and reporting income correctly. Taxpayers should maintain records of investments. The current system needs a fix to avoid penalizing joint holders, particularly senior citizens.
Eight equity mutual funds, led by Quant Small Cap, delivered over 20% CAGR in both five and seven years. Others like Motilal Oswal and Nippon India also featured prominently in ETMutualFunds analysis.
European shares flat; all eyes on Jackson Hole
European equities were little changed on Thursday as investors awaited updates from the Federal Reserve's Jackson Hole symposium for clues on the path of monetary policy.
5 ways you can quickly check your PF balance
Capital market must lower friction and compliance cost: SEBI Chief
Pandey stressed that reforms must actively support faster capital formation while ensuring long-term investor engagement
Rupee cost averaging in SIP:With the rupee cost averaging method, you can take advantage of market volatility. This means when you invest a fixed amount regularly, SIP can average out the value of each unit.
GSTR-3B deadline extended for Mumbai and these Maharashtra districts
Due to heavy rains and public disruptions, the CBIC has extended the GSTR-3B filing deadline for July 2025 to August 27, 2025. This extension applies to registered businesses in Mumbai City, Mumbai Suburban, Thane, Raigad, and Palghar districts of Maharashtra. Form GSTR-3B is a simplified summary return for declaring GST liabilities, required for all normal and casual taxpayers.
Postmen to sell mutual funds? 1 lakh India Post staff to undergo MF distributor training by AMFI
AMFI is collaborating with India Post to train one lakh postmen as mutual fund distributors, aiming to double the investor base. The initiative will initially focus on Bihar, Andhra Pradesh, Odisha, and Meghalaya, targeting 20,000 new distributors in the first year. This expansion seeks to increase mutual fund penetration in smaller towns and rural areas, leveraging India Post's extensive network.
Sebi plans to raise tenure, maturity for equity derivatives: Tuhin Kanta Pandey
A surge in derivatives trading, which has also been driven by retail investors, has prompted the Securities and Exchange Board of India to limit the number of contract expiries and increase lot sizes to make such trades more expensive.
China eyes yuan-backed stablecoins to achieve global currency status, sources say
In a major reversal of its stance towards digital assets, Chinas State Council plans to approve new yuan internationalisation plan later this month
Swiggy shares jump over 5% in intra-day trade; whats driving the rally?
Swiggy's shares jumped 5.5% following optimistic forecasts for its food delivery and quick commerce sectors. DAM Capital projects a 28% revenue CAGR and profitability by FY28, driven by Instamart's growth. Market share recovery and inclusion in the MSCI Global Standard Index further boosted investor confidence in Swiggy's potential.
Axis Capital launches AI-Generated audio summaries for research reports
The new service addresses information overload faced by institutional investors by allowing them to listen to research summaries while commuting or during other activities
Good news for salaried individuals. The Central Board of Direct Taxes (CBDT) has raised the income limits for tax-free perks. This change impacts specified employees and overseas medical treatment. The new limits are Rupees four lakh and Rupees eight lakh respectively. These revised rules will be effective from April 1, 2025. More employees can now benefit from tax exemptions on perks.
6 mutual fund myths you should stop believing
Swiggy, HDFC Bank, Eternal among stocks bought & sold by SBI Mutual Fund in July
In July, SBI Mutual Fund strategically adjusted its portfolio, increasing its stake in Suzlon Energy and Swiggy significantly. Conversely, the fund house reduced its holdings in HDFC Bank and Eternal. Notably, Vodafone Idea saw a substantial increase in shares, while Ashok Leyland experienced a major offloading. The fund house also made new entries and a complete exit from Raymond Realty.
Titan Company Share Price Live Updates: Titan Company records strong monthly growth
Indian investors seeking dividends have a final chance to buy shares. Friday is the record date for eligibility. Godfrey Phillips India leads with a Rs 60 per share dividend. IRCTC, LIC Housing Finance, and Lodha Developers also announced payouts. Numerous other companies across sectors declared dividends. This includes ABM Knowledgeware, AGI Greenpac, and Jindal Stainless.
Bemco Hydraulics, known for its impressive 1672% returns, is set to reward investors with a 1:1 bonus issue and a 10:1 stock split. August 22 is the record date, requiring investors to purchase shares today to qualify. This dual action significantly increases the number of shares held, enhancing liquidity and making the stock more accessible to retail investors.
Insurers welcome GST exemption on health, life premiums; push for fix in inverted duty structure
While the removal of GST will directly benefit policyholders, aspects such as input tax credit for insurers need further clarity.
FinMin holds meeting with heads of state-owned banks; reviews Q1 financial performance
The finance ministry convened a meeting with public sector bank heads to assess their Q1 FY26 financial performance, revealing a collective record profit of Rs 44,218 crore, marking an 11% year-on-year increase. SBI contributed significantly, while IOB and Punjab & Sind Bank showed substantial profit growth. The ministry urged banks to boost lending to productive sectors.
RBI inching towards principle and outcome-based regulations: Dy Guv Rao
Rao emphasised that regulatory policy in the financial sector must strike a balance between the critical need for stability and objectives of fostering innovation, efficiency, and competition.
MPC meet: Members preferred wait and watch approach on rates amid tariff uncertainty
Inflation is expected to inch up going forward, uncertainty looms over private investment due to global tensions
Fixed, floating or hybrid: Which home loan interest rate regime works best
Indian homebuyers now have a third option beyond fixed and floating rate loans: hybrid loans. These loans offer an initial period of fixed interest rates for stability, followed by a transition to floating rates to capitalize on potential market decreases. With current low interest rates, hybrid loans provide an appealing balance of certainty and flexibility for new homeowners.
The Finance Ministry clarifies that lenders cannot reject loan applications from first-time borrowers without credit history. Reserve Bank of India has not set a minimum credit score for loan approvals.
EPFO records highest ever net addition of nearly 22 lakh members in June
The EPFO payroll data remains provisional as employee records are continuously updated. Adjustments may occur due to late or modified ECR filings and updated exit dates for previous months.
5 equity mutual funds offer over 20% return in 6 months. Do you own any?
5 equity MFs delivered over 20% returns in six months, led by Invesco, Canara Robeco, Motilal Oswal, and Mirae. However, experts caution against short-term performance-based investment decisions.
SBI Card is revising its rewards program, effective September 1, 2025, discontinuing reward points for select cardholders on digital gaming and government transactions.
6 AMCs to receive over Rs 10,000 crore inflows from top30 cities in July
In July, six AMCs saw inflows above 10,000 crore from top 30 cities, led by ICICI Prudential, HDFC, and SBI. Kotak, Nippon India, and Tata also reported strong gains in AAUM, while others saw smaller inflows; Bank of India MF recorded an outflow.
Mutual fund industry witness record inflows in July, see growth of 264% MoM: ICRA Analytics
Indias mutual fund industry saw record inflows in July 2025, rising 264% MoM to Rs 1.79 lakh crore. Equity funds grew 81%, debt inflows strengthened, SIPs hit Rs 28,464 crore, and AUM touched Rs 75.36 lakh crore.
Mutual funds sell 20 lakh shares of BSE after Jane Street case in July
Mutual funds sold nearly 20 lakh BSE shares in July, leading to Rs 400 crore outflows, after SEBI expanded its probe into Jane Streets alleged index manipulation. Several funds cut exposure, while a few retained BSE as top holdings.
European equities retreat from 5-month high as tech, defence shares drag
European equities slipped on Wednesday, retreating from a five-month closing high in the previous session, after tech stocks tracked dour performances of their Wall Street peers and as the defence sector faced pressure for a second day.
Investing Rs 1.1 lakh for 15 years? Compare Sukanya Samriddhi Yojana and SIP on returns, risk and tax benefits.
NFO Update: Axis Mutual Fund launches Nifty500 Quality 50 Index Fund
Axis Mutual Fund, one of Indias leading asset management companies, has announced the launch of the Axis Nifty500 Quality 50 Index Fund, an open-ended index fund tracking the Nifty500 Quality 50 TRI.
Do you need to file ITR-3 for AY 2025-26 (FY 2024-25)? Here is the eligibility criteria
Filing Income Tax Return can be complex. For Assessment Year 2025-26, individuals with business income must use ITR-3. The Income Tax Department has introduced key changes. These include capital gains splits and asset reporting limit changes. Taxpayers must specify transfer dates for capital assets. Reporting requirements for virtual digital assets are also expanded.
5 golden rules of retirement planning everyone should know
4 mutual funds make complete exit from these 11 stocks from their portfolio in July
In July, four major mutual funds fully exited 11 stocks, including names like MCX, LTIMindtree, HUL, and Coal India, as part of active portfolio management to optimize returns.
NFO Alert: Angel One Mutual Fund launches gold based two passive funds
Angel One Asset Management Company introduces Angel One Gold ETF and Angel One Gold ETF FOF. Subscriptions are open from August 20 to September 2 for the ETF. The FOF remains open until September 3. Investment starts at Rs 1,000 for ETF and Rs 250 for FOF. These schemes offer easy ways to invest in gold.
HDFC Bank, Jio Financial Services among top stocks bought and sold by Quant Mutual Fund in July
Quant Mutual Fund strategically adjusted its portfolio in July, increasing stakes in HDFC Bank and 24 other stocks, including Adani Enterprises and REC. Simultaneously, it reduced holdings in Jio Financial Services and 25 stocks like Reliance Industries. The fund house introduced 18 new stocks, such as State Bank of India, while exiting 15, including SBI Cards.
With 60-day booking rule in place, whats right time to book train ticket this festive season
With the festive season approaching in India, train ticket bookings are surging, making it difficult for passengers to secure confirmed reservations. Indian Railways reduced the advance booking period to 60 days, but high demand often leads to tickets selling out quickly.
Coal India, HAL, RVNL among 11 companies going ex-dividend tomorrow; Last day to buy today
Investors eyeing dividends from Indian giants like Coal India, HAL, and RVNL should note that today is the last chance to buy shares to qualify. These companies have set August 21, 2025, as the record date for dividend eligibility.
JSW Steel Share Price Live Updates: JSW Steel Volume Analysis
