Banking And Finance
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…
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,…
Market
Crude oil prices jump to one-month high after 10% rally as US-Iran war escalates; Brent oil near $85 a barrel
US-Iran war: Oil prices climbed around 2% on Tuesday, 14 July, reaching their highest level in four weeks, after the United States reinstated its naval blockade of Iran and both…
Asian stocks today: Kospi, Nikkei fall over 2% amid ongoing US-Iran war, rising crude oil prices
Asian stocks today: Asian markets opened in negative territory on Tuesday, 14 July, after US President Donald Trump proposed imposing a fee on ships transiting the Strait of Hormuz and…
Gift Nifty, US-Iran war, crude oil prices to India inflation: 10 things that changed for Indian stock market overnight
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Tuesday, following weakness in global markets, as the escalation US-Iran war lifted crude oil…
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today – 14 July 2026
Buy or sell stocks: Benchmark equity indices, the Sensex and the Nifty 50, ended little changed on Monday, July 13, as gains in select heavyweight IT and banking stocks helped…
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
