Banking And Finance

Hyderabad ITAT rules gift from mother cannot be treated as unexplained investment if source is proved

The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that money received as a from a mother cannot be treated as “unexplained” if the taxpayer proves the…

Gold, silver prices today, 14 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices: The price of the yellow metal in India’s retail market rose on Tuesday, 14 July, amid renewed tensions between the United States and Iran. Both 24-karat…

ITR filing AY 2026-27: How to report Sovereign Gold Bond income correctly and avoid tax filing mistakes

With the 31 July deadline for filing Income Tax Returns (ITR) for Assessment Year (AY) 2026-27 just about 15 days away, taxpayers must act quickly. Those investing in Sovereign Gold…

8th Pay Commission: Level 1 and Level 10 salaries compared under 2.1, 2.5 and 3.0 fitment factors

The 8th Pay Commission completed its meeting in Kokalata on 10 July. The discussions held during this visit provided a platform for concerned stakeholders, organisations, associations and unions to present…

Market

Gold, Silver Rates Today: MCX gold price rises near ₹1.41 lakh per 10 grams, silver gains

Gold and silver prices in India opened higher on the Multi Commodity Exchange (MCX) on Tuesday, following gains in global bullion prices, as investors opted for buying at lower levels.…

Alpine Texworld IPO opens today: Check latest GMP, subscription status, and key details

Alpine Texworld IPO Day 1: The Initial Public Offering (IPO) of Alpine Texworld opened for subscription on Tuesday, July 14, and will close on Thursday, July 16. The company has…

Rupee depreciates 33 paise to open at 95.95 against US dollar

The Indian rupee weakened by 33 paise to open at 95.95 against the US dollar on Tuesday, 14 July, as renewed geopolitical tensions in the Middle East lifted crude oil…

Q1 results 2026: Tata Elxsi to L&T Tech among companies to declare Q1 results today; full list here

Q1 results 2026: Around 18 companies are scheduled to report their financial results for the quarter ending on 30 June, 2026 (Q1 results 2026) on Tuesday, 14 July. Tata Elxsi,…

Market

Oxane Partners’ founders eye majority sale at up to $250 mn valuation

The founders of UK-based Oxane Partners have initiated the process to sell majority stake in the software provider to private credit and alternative asset managers, seeking a valuation of $200-250…

Avendus’ PE fund buys stake worth ₹140 crore in Parag Parikh Financial Advisory Services

Mumbai: Avendus Future Leaders Fund III has acquired a stake worth ₹140 crore in Parag Parikh Financial Advisory Services (PPFAS) from promoter Neil Parag Parikh and Khushboo Joshi, president of…

Elevation Capital launches $500 million fund to back AI startups

Mumbai: Venture capital (VC) firm Elevation Capital is launching its ninth fund, worth $500 million, to invest in early-stage companies, with a particular focus on artificial intelligence (AI)-led opportunities, senior…

HCLTech reverses course, bets $365 million on data centre business

Bengaluru: on Monday unveiled plans to build data centres, reversing a stance it took nine months ago against investing in asset-heavy businesses as the country’s third-largest information technology (IT) services…
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Axis

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