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Veritas Finance refiles IPO papers with Sebi; eyes Rs 900 cr via fresh issue

Veritas Finance has refiled its initial public offering papers with Sebi. The company seeks to raise Rs 900 crore through a fresh equity share issue. Existing shareholders will also offer up to 1.28 crore shares for sale. Veritas Finance provides…

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Over 5 crore ITRs filed for AY 2026-27; I-T Dept cautions taxpayers against last-minute rush

More than 5 crore income tax returns (ITRs) have already been filed for Assessment Year (AY) 2026-27 so far, the Income Tax Department has said while urging taxpayers to complete their filings without waiting until the last minute.

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$32 billion inflows from India's forex drive yet to boost rupee

India’s special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupee or ease banking system liquidity. While borrowing costs have declined, the RBI’s foreign currency assets have risen more slowly…

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International funds deliver stellar returns in 1 year, but subscriptions remain shut. Experts suggest alternatives

International funds offered excellent returns over the past year, outperforming domestic options. However, fresh investments are currently restricted due to regulatory limits. Experts suggest alternatives like LRS platforms and GIFT City funds for global exposure. Diversified global ETFs tracking broad…

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Sensex, Nifty trade flat as hawkish Fed pause dents sentiment. What's driving the caution?

Indian stock markets traded flat on Thursday. The US Federal Reserve kept key interest rates unchanged. Policymakers indicated a potential rate hike later this year. Sensex and Nifty 50 saw slight gains after opening lower. Broader markets, however, remained in…

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Course correction: Govt readies plan in works to double education loan disbursals

The government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student access to finance. Banks will organize camps for on-the-spot loan sanctions at many institutions. Credit guarantee cover for collateral-free loans is…

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News

  • Student Term Insurance: When does it make sense and who should consider it?

    The key question for students and their families is whether buying term insurance is necessary or whether it makes sense to wait until the student starts earning and takes on financial responsibilities.

  • Ahead of festive season, what is silver hallmarking? Here's how to spot and read the classifications

    Silver hallmarking enables buyers to verify purity or fineness of precious metal jewellery. At present, the process remains voluntary for silver jewellery since 2005 but has been mandatory for gold since June 2021. 

  • Lock in low premiums: Why buying health insurance in your 20s can save you lakhs later

    Securing an individual insurance policy around age 25 while in good health unlocks financial and structural perks, including lower starting premiums and the ability to clear required waiting periods before medical issues arise.

  • EPFO: Rejoining after break? Here's how to activate your UAN, recover inoperative account online — Stepwise guide

    Rejoining the EPFO after a break? Here's how members can activate their UAN on the Umang app, what steps you can take to recover your account online and how your funds can be redeemed, in simple steps.

  • Are large-caps attractive after correction? Here’s what investors need to know

    R. Sivakumar from Axis Mutual Fund indicates large-cap stocks are becoming attractive after a correction, suggesting favorable conditions for investors. 

  • Uttarakhand pensions: ₹147 crore instalment released for over 9.91 lakh beneficiaries — Here's how to check

    Uttarakhand releases ₹147.05 crore pension was transferred directly into the bank accounts of 991,914 beneficiaries. In August, pensions of 5,605 new beneficiaries were also sanctioned under various pension schemes.

  • Too much AI exposure? Can Apple be the diversification play in your portfolio? What Indian investors need to know

    Investors wary of heavy AI spending by US tech giants are turning to Apple, which offers tech exposure with lower risk. Apple shares rose 7% while spending only $6.8 billion on capex, unlike major competitors investing $30-$54 billion quarterly.

  • HSBC Midcap Fund turns ₹10,000 monthly SIP into ₹2 crore since 2004

    HSBC Midcap Fund has delivered a 24.13% CAGR over three years, outperforming its benchmark and category averages across time horizons, with a monthly ₹10,000 SIP since its August 2004 inception growing to over ₹2 crore. 

  • 8th pay commission: Here's how employees, unions, stakeholders can apply online for appointment in Bengaluru

    The commission has scheduled meetings in September and October this year, in Chennai (Tamil Nadu), Puducherry (Union Territory), Chandigarh (Punjab, Haryana, Himachal Pradesh, UT), Bengaluru (Karnataka) and Mumbai (Central Railways).

  • Chandigarh consumer court orders holiday club to refund ₹95,000 with 9% interest

    Chandigarh District Consumer Disputes Redressal Commission has ordered Park Club International to refund ₹95,000 with 9% annual interest, plus ₹15,000 in compensation

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