Banking And Finance
Nirmala Sitharaman calls for greater NRI outreach to boost foreign currency inflows
New Delhi: Finance minister on Monday asked banks to intensify outreach to non-resident Indians (), introduce innovative deposit products and sustain the momentum of foreign-currency inflow mobilisation. She reviewed progress…
ITR: Attention taxpayers! Excel utility for ITR-5 and ITR-7 released — Here’s how to use, which forms to choose
The Income-Tax Department has enabled Excel Utility for the ITR-5 and ITR-7 forms for taxpayers on its e-filing portal for financial year 2025-26 (FY26) i.e. assessment year 2026-27 (AY27). Notably,…
Delhi Lakshmi Yojana: Beneficiaries to get ₹2,500 per month — Check eligibility, monthly benefits and how to apply
Delhi Lakshmi Yojana: The Delhi government is set to soon launch its flagship financial aid programme for women beneficiaries in the state. Initially rolled out by the AAP-led government, the…
About 2 crore ITRs filed so far. Should you wait for a deadline extension?
If you’re still waiting for the government to extend the Income Tax Return (ITR) filing deadline, the latest numbers from the Income Tax Department suggest you may not want to…
Market
Gold, silver prices today: Comex gold, silver extend losses as Middle East tensions lift Fed rate hike fears
Gold and silver prices extended their decline for a second straight session on Monday, 13 July, as escalating tensions in the Middle East fuelled concerns over persistent inflation and the…
SBI MF IPO to open on Tuesday, fund house hopes issue will bring investors back
SBI Funds Management, the asset management company of SBI Mutual Fund, on Monday expressed confidence that its upcoming initial public offering (IPO) will bolster market sentiment. The fund house also…
Small-cap stock under ₹50 hits upper circuit after this AI update
Shares of ended Monday’s session, July 13, 5% higher at ₹21.70 apiece after the company announced that its US subsidiary, Blue Cloud Softech Solutions Inc. (BCSSL-USA), has executed a five-year…
Laser Power & Infra IPO: Issue booked 41 times on Day 03; NII, QIB portions see strong demand
The IPO of Laser Power & Infra Ltd. attracted strong demand on the final day of bidding, led by robust institutional participation, with the issue being oversubscribed more than 40…
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…
Axis
