Market & money news · WealthSense

Radhika Gupta says REITs are not fixed-income investments, but differ from equities: Here’s what another expert thinks

REITs are often mistaken for fixed-income products due to their regular payouts, but they carry equity-like risks. Their returns depend on rental income, occupancy and property cycles, making them a diversification tool

Selling US-listed shares after returning to India? Here's how they are taxed

The Indian tax law does not provide any special exemption or relief for losses or gains arising solely due to depreciation of the Indian rupee against the foreign currency during the investment period.

Mint2h ago

Will UPI payments remain free forever? Bernstein says consumers likely to stay unaffected; 30-40 bps MDR possible

UPI users may remain unaffected even if Merchant Discount Rate is introduced, according to Bernstein. The brokerage expects large merchants to bear a 30-40 bps fee, while small merchants and low-value transactions may re

Mint4h ago

Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more

Interest rates on fixed deposits differ significantly among banks. Investors should consider factors such as bank reputation and financial goals when choosing deposit options with varying maturities.

Mint5h ago

ITR-6 Excel utility for AY 2026-27 released: Eligibility, due dates, key documents explained

The Income Tax Department has released the Excel utility for ITR-6 for AY 2026-27. The utility is now available on the e-Filing portal. The form is applicable to companies that are not claiming exemption under Section 11

Mint5h ago

Boost your savings on autopilot: How cash optimisation apps put your surplus money to work

Cash optimisation apps allow you to park unused money in liquid mutual funds or fixed deposits, delivering higher yields than standard savings accounts.

Mint7h ago

EPFO may launch E-PRAAPTI by August-end: How the new portal can help you trace old or inactive PF accounts

The EPFO is expected to launch E-PRAAPTI by the end of August to help members recover money lying in old or inactive PF accounts. The Aadhaar-based portal aims to simplify account tracing, reduce paperwork, enable UAN li

Mint7h ago

RBI holds repo rate at 5.25%: 5 assumptions about EMIs, FD rates and inflation salaried employees shouldn't make

The RBI has kept the repo rate unchanged at 5.25% while raising its FY27 growth forecast and trimming its inflation estimate. Here's why salaried employees shouldn't expect lower EMIs, cheaper loans or sharply lower FD r

Mint8h ago

Does Section 54F tax exemption apply if LTCG is used to buy property from spouse? Here's what the ITAT ruling says

The Mumbai ITAT ruled that a genuine property purchase from a spouse cannot be denied Section 54F tax exemption merely because it results in tax savings. The tribunal found no evidence of tax avoidance and allowed a taxp

Mint8h ago

RBI policy remains unchanged — but is this the right time to revisit and strengthen your emergency fund strategy?

The RBI held the policy repo rate at 5.25%, maintaining a cautious stance amid uncertainties. Governor Malhotra noted the uncertain growth outlook due to various factors. Here's what retail investors should do in such ti

Mint8h ago

Beyond 31 July: Taxpayer's guide to every ITR deadline

While business and professional filers of ITR-3 and ITR-4 get more time, even those who missed the 31 July deadline get a chance to file a belated ITR, though with a penalty.

Mint9h ago

Does paying off a loan early improve your credit score? Here's what experts say

Early loan repayment reduces interest costs but may not immediately improve credit scores. Experts explain how timely payments, credit utilisation, debt management and responsible borrowing habits play a bigger role in b

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Economic Times54m ago

SpaceX draws retail investors despite fall in shares post earnings

Retail investors bought SpaceX shares on Wednesday after a significant price drop. Individual traders purchased over twenty-two million dollars worth of stock. This buying activity followed the company's first earnings r

Read at Economic Times →

BusinessLine1h ago

Oil Ministry to deploy tactical teams for petrol pump inspections, says Team Bharat

Enhanced inspections, stronger quality checks and public reporting aim to improve fuel transparency and curb adulteration across petrol retail outlets nationwide

LIC share sale ends with partial retail subscription

India's $3.3 billion stake sale in LIC saw lower retail demand, with bids covering only 69% of shares reserved for individuals, contrasting with strong institutional interest. 

Gold, silver prices today: Comex gold jumps $173, silver hits $63 as US-Iran peace hopes lift sentiment

Gold and silver prices rose for a second session due to optimism over US-Iran diplomatic negotiations, easing inflation concerns. Comex gold reached $4,325 while silver climbed to $63. A weaker US dollar also supported d

'CAS isn't a bad idea, but...': Why Nithin Kamath says India's closing auction is exposing deeper market cracks

Nithin Kamath, CEO of Zerodha, commented on BSE and NSE's new Closing Auction Session (CAS), noting that while it's a good idea, recent price swings reveal deeper issues in India's markets, particularly the limited abili

BusinessLine1h ago

India’s rice procurement up 5% in 2025-26, as Govt buys 18% higher from rabi crop

Lotus Petal mobilises ₹55.6 lakh in first post-CSR rule SSE issue, with corporates accounting for over half

GTPL Hathway and Eureka Securities together contributed 28 per cent of the ₹1-crore issue after Centre allowed eligible SSE subscriptions to qualify as CSR spending

Central banks made the highest purchase of gold in June for 2026, says World Gold Council

They continued to buy for the 3rd month in a row, accumulating a net of 51 tonnes, led by Poland and China

Smallcaps hit all-time high even as Nifty, Sensex remain directionless

Nifty 50 closes at 24,624.65, up a marginal 9.75 points or 0.04%, while Sensex adds 152 points or 0.19% to settle at 78,581

Mint2h ago

SpaceX's lockup expiry tomorrow could trigger record insider selling: 'We're in uncharted waters'

SpaceX faces a significant test as its IPO lockup period expires, allowing insiders to sell shares for the first time. 

West Bengal govt awaits Calcutta Stock Exchange’s roadmap, board to discuss future strategy

In its maiden Budget, the BJP government in the State proposed to support revival of the iconic bourse to reclaim Kolkata’s place as a financial capital

Molbio Diagnostics IPO opens on Aug 10 at a price band of ₹768-807

Funds will used to set up own research centre Bengaluru, among other things

Edelweiss arm RYP acquires office park in Pune

The acquisition expands RYP’s portfolio to 5.2 million square feet

PGIM India MF to suspend SIP, STP in overseas funds

The suspension applies to PGIM India Global Equity Opportunities Fund of Fund, India Emerging Markets Equity FoF and India Global Select Real Estate Securities FoF

Economic Times2h ago

Circle shares fall nearly 4% as revenue miss overshadows quarterly profit beat

Circle's profits in the second quarter significantly outperformed expectations, attributed to the growing adoption of USDC tokens. The surge in USDC circulation, accompanied by a marked increase in onchain transaction ac

Read at Economic Times →

Economic Times2h ago

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities ended marginally higher despite sharp swings driven by closing auction session confusion. RBI maintained rates, raised FY27 GDP outlook and lowered inflation forecast. Realty, auto and metal stocks outper

Read at Economic Times →

SEBI rules out immediate review of new closing auction session

Brokers asked to improve investor awareness and display indicative auction prices

Q1 Results Today Highlights: Godrej Agrovet posts mixed Q1; Whirlpool PAT falls 34%, Berger Paints, Biocon, Shilpa Medicare, Aster DM, Navin Fluorine report profit growth

Q1 Results Today, 5th August 2026 Highlights: