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RBI flags AI-led market exuberance, warns of sharp correction risks

The RBI warned in its Financial Stability Report that financial stability risks could increase materially if there is a deeper correction in AI-driven asset prices, given the elevated valuations, rising leverage, and growing interconnectedness within the sector.

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RBI continues to build forex reserves which rose to $696 billion

India’s forex reserves rose by $3.3 billion to $696.61 billion in the week ended December 26, RBI data showed. The increase was led by a sharp $2.95 billion jump in gold holdings and a modest rise in foreign currency assets.…

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India announces ₹7,295 crore export credit support package to ease financing for exporters

India has launched a significant export support package worth ₹7,295 crore. This initiative aims to make trade finance faster and cheaper for exporters. The package includes an interest subvention scheme and collateral support. These measures will be implemented over six…

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GST cuts boost credit growth; system credit to rise 12% in FY26, 13% in FY27: MoSL

Credit growth in the country is expected to remain at around 12 per cent year-on-year in FY26 and improve to nearly 13 per cent in FY27, while deposit growth is likely to stay steady at about 10 per cent year-on-year…

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ISMA seeks GST parity for flex-fuel vehicles, higher ethanol blends in Union Budget

Proposal aims to lower fuel costs, support clean mobility and stabilise ethanol and sugar markets after E20 rollout.

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Adani Group assets a 'sacred trust', fulfilling national promise for next decade: Group CFO

Adani Group’s senior executive Jugeshinder Singh stated the conglomerate sees its assets as a sacred trust. The group is committed to India’s infrastructure for the next ten years. Adani Green Energy and Adani Power are key to the energy transition.…

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News

  • Why Old Bridge's Kenneth Andrade is avoiding IT despite attractive valuations

    Old Bridge MF founder Kenneth Andrade expects earnings growth to revive this year, remains bullish on pharma and autos, underweight on financials and IT, and sees crude as the biggest market risk.

  • ITR filing deadline extension LIVE: Countdown begins for the 31 July tax filing due date; will there be an extension?

    ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

  • ITR filing deadline today: Check how 30-day verification rule allows taxpayers to verify returns after 31 July

    Taxpayers who file their ITR on 31 July can complete e-verification within 30 days. Here's how the verification timeline affects the filing date, the belated return status and compliance with income tax rules.

  • ITR deadline today: What happens if you don't file your return by 31 July? Check penalties, interest, other consequences

    As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.

  • Missing ITR deadline today is like getting ‘Hit Wicket’: Tax department urges a ‘Free Hit’ filing

    The Income Tax Department, in a recent X post, reminded taxpayers that 31 July is the last date to file ITR-1 and ITR-2 for AY 2026-27. Complete filing and e-verification today to avoid late fees, interest and compliance issues. 

  • ITR filing 2026: How to report capital gains from shares, mutual funds and ETFs to avoid tax notices

    Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile investment records, and report only realised gains to avoid discrepancies and scrutiny.

  • Does India’s DIY mutual fund boom needs structured assistance?

    Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice and structured assistance to ensure successful long-term portfolios.

  • These 8 mid-cap funds fail to beat their benchmark index: One has a negative alpha of 7 — check full list

    Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.

  • EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process

    Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.

  • A financial master sheet won't make you richer—but it could save your family from economic chaos

    A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.

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