Banking And Finance
Bank credit grows over 17% in May, extending double-digit rise for 9th month in a row
Mumbai, Bank credit grew 17.44 per cent year-on-year in May, marking the ninth consecutive month of double-digit expansion, reflecting sustained demand for loans from both retail and , according to…
Missed filing income tax returns for years? How to use ITR-U to clear your backlog
Skipping your income tax returns (ITRs) for two or three consecutive years is a direct trigger for an official notice from the Income Tax Department. Under standard Indian tax regulations,…
Can missing 15 trading days over 27 years cost investors ₹1.9 crore? The data says yes
A ₹10 lakh investment in the Total Return Index in July 1999 would have grown to ₹2.84 crore by May 2026. Yet missing the market’s 15 best trading days during…
Tax-loss harvesting explained: Key things mutual fund investors should know before booking losses
has emerged as a popular strategy among mutual fund investors looking to reduce their tax liability. But as with most tax-planning strategies, the benefits depend heavily on how it is…
Market
Sebi moves to align price bands, base price for pre-open call auction across exchanges
The Securities and Exchange Board of India (Sebi) has proposed a new mechanism for stock exchanges to decide the price band and base price for the pre-open call auction to…
Gold, silver rates today: Comex gold and silver extend losses for 5th day as Middle East tensions fuel rate-hike fears
Precious metals continued to trade lower for the fifth straight session on Thursday, June 11, as escalating tensions in the Middle East reinforced fears that higher inflation could force the…
SAMCO launches global investing platform from GIFT City
SAMCO Securities has launched a global investing platform after securing a broker-dealer licence from the International Financial Services Centres Authority at GIFT City. The platform allows Indian investors to invest…
SEBI proposes uniform price-band mechanism for stocks listed on multiple exchanges
The Securities and Exchange Board of India (SEBI) on Thursday proposed a uniform mechanism to determine price bands and pre-open session base prices for stocks listed on multiple exchanges, to…
Market
Godrej Enterprises’ ₹1,500 crore storage business taps domestic demand to offset export stress
Godrej Enterprises Group’s storage solutions business is expecting strong domestic demand led by expansion in e-commerce and manufacturing to balance out the stress in export markets. Speaking to businessline Vikas Choudaha,…
Holoflex to set up new facility, eyes ₹125-135 crore revenue target in two years
Kolkata, Jun 11 (PTI) Anti-counterfeiting and security solutions provider Holoflex Ltd on Thursday said it has planned to invest around Rs 30 crore over the next two years to set…
Cipla’s Goa facility gets VAI classification from US FDA after inspection
Drug maker Cipla on Thursday said the US food & drug regulator US FDA has classified its Goa facility as Voluntary Action Indicated (VAI). The US Food and Drug Administration…
More opportunities for Indian industry to access foreign markets under Modi-led government: MSIL Chairman
Maruti Suzuki India (MSIL) Chairman R C Bhargava on Thursday hailed the Narendra Modi-led government’s economic and industrial policies, asserting that the company’s annual vehicle exports had increased from about…
Axis
