The latest finance news, in one place

Fed to Pressure Asian FX With Yen in Focus, Strategists Say

The US Federal Reserve’s first interest-rate increase since 2023 and its signal of an additional hike later this year turn the spotlight on other central banks, including the Bank…

EPF wage ceiling hike: Lesser take home salary for these employees; know how you will be impacted

In a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh workers to the social security umbrella. Wit…

HUDCO and Tata Elxsi among top 5 midcap stocks that saw highest mutual fund selling in August

Mutual funds recorded their highest net selling in five midcap stocks during August, led by Tata Elxsi, HUDCO and Rail Vikas. Laurus Labs and UPL also saw significant selling, acc…

ROI-Move over real estate, Wall St now drives US spending: McGeever

USA-WEALTH/HOUSEHOLDS (REPEAT, ROI, COLUMN, PIX, GRAPHICS):RPT-ROI-Move over real estate, Wall St now drives US spending: McGeever

Govt tax reforms aim to reduce litigation at source, seeks practical industry Inputs: FM Sitharaman

ICICI Bank, HDFC Bank, and RIL among 8 stocks owned by 600 mutual funds in August

Eight stocks were held by more than 600 mutual fund schemes in August, making them the most widely owned stocks based on scheme holding count, according to ACE MF data. ICICI Bank…

Foreign holdings of US Treasuries in July down for 2nd straight month, data shows

USA-TREASURY/SECURITIES:Foreign holdings of US Treasuries in July down for 2nd straight month, data shows

Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?

The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linked Insurance coverage amount. Nominees co…

Tata Steel, HDFC Bank and RIL among JioBlackRock MF’s top 10 stock holdings in August

The fund house had its highest allocations to two bank stocks, HDFC Bank and ICICI Bank, at around 5.54% and 4.97%, respectively, of equity AUM.

Gold Swings Lower as Fed Tilts Hawkish After Raising Rates

Gold swung lower after Federal Reserve officials signaled another rate-increase is likely this year, after raising on Wednesday for the first time in three years.

ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT Delhi

Filed ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant mistakenly filed this ITR under the old t…

MFs deployed over Rs 8,800 crore in 18 IPOs in August: ESDS Software Solution, Molbio Diagnostics and more

Shorter-dated US Treasury yields surge in anticipation of another Fed rate hike

The Federal Reserve increased interest rates for the first time in over three years. Policymakers anticipate at least one more quarter-percentage-point hike by year-end. Shorter-d…

How much money can NRIs transfer from NRO to NRE account in a year?

Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but there are specific regulations to follo…

SEBI said to ease arbitrage fund rules to aid closing auctions

SEBI has allowed arbitrage mutual funds to temporarily carry unhedged positions of up to 1% of their plans, aiming to improve liquidity in the struggling stock closing auction. Ar…

Dollar rises after Fed hikes rates in bid to counter inflation

The US dollar rises against major currencies after the Federal Reserve hikes interest rates and signals further tightening to tackle inflation. The dollar index reaches a nearly f…

70% think Rs 1 crore is enough for retirement; can it meet your retirement goal?

Is Rs 1 crore enough for retirement? A new study reveals declining confidence among urban Indians, with many accumulating only 28% of their target corpus. Retirement planning is…

Quant Mid Cap Fund exits ICICI Bank, 2 others and adds 5 stocks in August

Quant Mid Cap Fund exited ICICI Bank, Ambuja Cements and L&T Technology Services in August, while adding six stocks including IDBI Bank, Concor and Sona BLW Precision Forgings. Th…

Gold falls more than 1% after Fed hikes interest rates

Gold prices fall more than 1% after the US Federal Reserve raises interest rates and signals further hikes, pushing the dollar higher and weighing on non-yielding bullion. Spot go…

67% rise in EPS pension for these employees as wage ceiling hike to Rs 25,000 gets cabinet’s approval

The central government has raised the provident fund wage ceiling to Rs 25,000 monthly, which will enhance social security coverage for many organised sector employees. Those earn…

MFs raise healthcare bets for 4th straight month to 71-month high. Should investors follow?

Mutual funds raised their healthcare allocation for the fourth straight month in August 2026 to 8.4%, the highest in 71 months. Experts attribute the increase to resilient demand,…

US stocks today: Dow ends 650 pts lower after Fed rate hike, more rate tightening seen

US stocks end lower after the Federal Reserve raises interest rates as expected and signals further tightening to tackle elevated inflation. The Dow falls 1.17%, while the S&P 500…

Elder sister revoked first Will favouring younger sister after property dispute; HC upheld the second Will giving the house to adopted daughter

After elder sister revoked her 1st Will, younger sister forcefully grabbed her house and refused her entry; elder sister writes a 2nd Will giving house to adopted daughter; Punjab…

Best arbitrage mutual funds to invest in September 2026

Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments a…