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Veritas Finance, Laxmi India Finance, 3 others get Sebi nod to float IPOs

Five companies, including Veritas Finance, Laxmi India Finance, and Ajay Poly, have received SEBI’s approval for their IPOs. Veritas Finance aims to raise ₹2,800 crore, while Laxmi India Finance and Ajay Poly’s IPOs include fresh issues and offer-for-sale components. Regaal…

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Operation Sindoor: What, where, and how India avenged the deaths of 26 in deadly Pahalgam attack, explained

India initiated Operation Sindoor after the Pahalgam terror attack. The operation targeted terror camps in Pakistan and PoK. Indian forces struck nine terror-linked sites. Pakistan has placed its air force on high alert. Air travel in northern India faces major…

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Rupee declines in NDF market following strikes against Pakistan

Following Indian armed forces’ strikes on multiple sites in Pakistan and Pakistan-occupied Jammu and Kashmir, the Indian rupee weakened against the U.S. dollar in the non-deliverable forward market. The 1-month NDF suggests the rupee will likely open lower at 84.64-84.68,…

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Will India-Pakistan conflict lead to a major stock market decline?

India-Pakistan Conflict: The BSE Sensex fell 0.2%, or 155.7 points, to close at 80,641, while the NSE Nifty-50 slipped 0.3%, or 81.55 points to end at 24,379. Adani Enterprises, Jio Financial, SBI Life, Trent, and Eternal were among the top…

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Fino Payments prepares for life as SFB, to focus on secured loans

Fino Payments Bank is gearing up to transform into a small finance bank, anticipating approval from the RBI. This strategic shift aims to enhance engagement with merchants and account holders, addressing challenges posed by the evolving payments landscape dominated by…

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India has agreed already to drop its tariffs to nothing: President Trump

President Trump announced that India has agreed to eliminate its high tariffs, a move he attributes to his negotiation skills. He emphasized that India would not have made such an agreement with anyone else. Trump also outlined his vision for…

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News

  • 5 red flags investors should watch out for before choosing a financial product

    If an investment product promises exceptionally high returns and claims little or no risk to the amount invested, you should consider it as a clear red flag.

  • Sebi open market share buy-back norms explained: Eligibility, timeline and impact

    Sebi has approved the reintroduction of share buy-backs through the open market route from 1 August 2026. The buy-back timelines have been reduced, and promoters are not allowed to participate.

  • Is it a bank holiday today? Check RBI calendar to know if SBI, HDFC, ICICI, others are open or closed on 4 July

    Check RBI calendar to know if SBI, HDFC, ICICI, others are open or closed on 4 July. RBI's holiday schedule provides comprehensive detail about non-working days for banks under Negotiable Instruments Act and other under Banks’ Closing of Accounts in addition to weekend offs.

  • You can now add, update email to Aadhaar for free: Check how, last date and other details

    UIDAI is now allowing people to add or update email IDs to their Aadhaar card directly through the mobile application. The service was enabled on 1 July 2026 and will be free to use for six months.

  • ITR filing 2026: Gifts, inheritance and rural agricultural land sale receipts can now be reported separately

    The new income tax form initially lacked a section for certain tax exempt receipts. Now, it includes an additional dropdown for ‘Receipts not in the nature of income’. Experts decode what this news head means for taxpayers.

  • Dearness Allowance: Could employees get 3-4% DA hike announcement this month? Here's what the numbers indicate

    Dearness Allowance: DA is revised twice a year in line with the All-India Consumer Price Index (AICPI) to match the cost of living. Here's a look at the numbers and whether employees could get a 3-4% DA hike this month.

  • Will your PF corpus shrink due to ₹1,800 contribution cap? EPF-2026 rules bring employer contribution into focus

    The central government has introduced the EPF Scheme, 2026, mandating a fixed monthly contribution of ₹1,800 each from employees and employers. Here's how the new rules may shrink your final provident fund corpus. 

  • I-T dept allows charitable trusts to seek fresh approval post deadline, taxpayers to get 80G relief

    The deadline to apply for fresh approval expired on 30 September 2025. Following this, all the applications made by charitable trusts were rejected purely on the grounds of delay in seeking approval. With the latest circular, the I-T department has provided relief to these charities.

  • How much retirement corpus do you need if you have ₹1 lakh monthly expenses now? Experts say it depends on these factors

    Retirement planning involves personalised strategies for investing according to risk appetite and anticipated lifestyle changes. Factors such as inflation and healthcare costs must be incorporated into the calculation of the necessary retirement corpus. 

  • EPFO: Documents and errors — Here are the top reasons your employees' provident fund claims could be rejected, explained

    Employees' Provident Fund Organisation: We take a look at the top four reasons an EPF subscriber's claim for their employees' provident fund may be rejected. Check the reasons here, explained.

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