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OpenAI strives for Tata hand to grow footprint in India

A partnership with the Tata Group would mark the beginning of OpenAI’s Stargate India chapter while accelerating TCS’ ambition of becoming the “world’s largest AI-led services company.” India has the second-largest user base of ChatGPT after the US.

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FPIs pull out over twice their November selling in just three days

Foreign portfolio investors (FPIs) withdrew $933 million from Indian equities in early December, more than double November’s outflows, pressuring the rupee. Overseas investors have been net sellers in equities throughout 2025, with $17.33 billion withdrawn year-to-date. Factors like an absent…

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AU SFB launches curated products for CAs in partnership with ICAI

The programme was launched by AU SFB MD & CEO Sanjay Agarwal at an event organised by ICAI here.

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NFRA organises nationwide outreach programmes to enhance audit quality

The National Financial Reporting Authority (NFRA) is ramping up its efforts with a series of nationwide outreach initiatives. These programs are designed to enhance audit quality and encourage sustainable auditing practices across the board. Recently, NFRA unveiled its inaugural survey…

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Tata Capital pays Rs 14.4 lakh to Sebi to settle regulatory violation

The move came after the company filed a suo-motu settlement application with Sebi proposing to settle by “neither admitting nor denying the findings of facts and conclusions of law” the enforcement proceedings that may be initiated against it for the…

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Sebi introduces single window gateway for low risk foreign investors

The new framework — Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI) — would provide easier investment access to low risk foreign investors, enable a unified registration process across multiple investment routes and reduce repeated compliance and…

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  • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns. 

  • How to calculate capital gains on NPS Tier II withdrawals

    The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.

  • Income-tax returns: Here's a list of invoices, documentation employees should retain to support tax-free reimbursements

    Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.

  • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.

  • EPFO: Want to check your employees provident fund balance, download passbook? Here's how using portal, Umang app, SMS

    Want to check your employees provident fund (EPF) balance, contributions, interest earned or download your passbook? Here's how you can do so using the official EPFO portal, Umang app, SMS, missed call or helpline.

  • Adding equity does not always increase portfolio risk: New study compares different debt, equity and gold portfolios

    A 100% debt portfolio delivered an average annual return of 6.79% with volatility of 6.38%. However, adding a 10% equity allocation improved returns to 7.99% while reducing volatility to 5.76%, showing that higher equity exposure does not always translate into higher portfolio risk.

  • 8th pay commission: As panel closes data submission window, check latest updates on group consultations

    The 8th central pay commission (CPC) has closed its window for data submission this week. Here's a look at the latest updates on its group consultations process before the panel makes its recommendations.

  • 33,730+ register for Delhi Lakshmi Yojana within 12 hours of launch: Check eligibility, documents, and steps to apply

    Delhi Lakshmi Yojana portal received 33,730+ registrations within 12 hours of its launch on 1 August. The scheme offers eligible women ₹2,500 per month. Women aged 21-60 years, with annual family income up to ₹2.5 lakh and meeting other criteria, can apply.

  • RBI fixed deposit rules changes: Could this impact FD interest rates for customers? We explain…

    RBI has allowed banks to offer differential interest rates on bulk deposits based on their liquidity risk under the Liquidity Coverage Ratio (LCR) framework. We explain how this impacts customers and if this could affect your fixed deposit rates with banks…

  • Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    Only seven diversified equity mutual funds delivered annualised SIP returns of over 20% in the last 10 years, excluding sectoral and thematic schemes. A ₹10,000 monthly SIP in these funds grew to as much as ₹38.8 lakh, with small- and mid-cap funds dominating the rankings.

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