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Oil prices plunge 15% and US stock futures jump as US and Iran agree to 2-week ceasefire

Markets reacted positively as President Donald Trump paused threatened attacks on Iran. Oil prices dropped significantly, while US stock futures surged. Iran agreed to a two-week ceasefire and reopening of the Strait of Hormuz. This de-escalation eased fears of prolonged…

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Iran agrees to Trump's ceasefire proposal; to allow safe passage through Hormuz 'if attacks halted'

Iran offered safe passage through the Strait of Hormuz for two weeks if attacks against it cease, a move framed as conditional de-escalation. This diplomatic opening follows a dramatic shift in Washington’s stance, with President Trump agreeing to a temporary…

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US-Iran ceasefire: Trump orders 2-week truce with Iran, Tehran says war not over

A two-week ceasefire between the US and Iran has been agreed upon. President Trump announced the suspension of attacks after Iran’s 10-point peace plan was accepted. This development follows mediation by Pakistan’s Prime Minister Shehbaz Sharif and Field Marshal Asim…

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Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation

Kreditbee has achieved unicorn status after raising $280 million. This funding round values the digital lending startup at $1.5 billion. The company is preparing for a public listing. It plans to complete its merger and formally begin its initial public…

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Government issues draft norms to standardise state, district GDP estimates

The key focus areas in SDP include identification and integration of new data sources such as administrative records, sector-specific databases and survey inputs to improve coverage and reliability, and refinement of estimation techniques to better capture emerging sectors, particularly services…

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CCI clears Warburg Pincus' stake buy in Fleur Hotels; approves Lemon Tree restructuring

India’s competition regulator has approved Warburg Pincus’ acquisition of a stake in Fleur Hotels, a Lemon Tree Hotels subsidiary. The approval also covers Lemon Tree’s internal restructuring. This move will create two focused platforms for hotel management and ownership. Fleur…

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  • 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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