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CLSA stays cautious, lowers Tata Steel, JSW Steel ratings on margin worries

CLSA downgraded Tata Steel to sell from outperform and cut target price to Rs 135 from Rs 145. JSW Steel downgraded to sell from underperform and declined its target price to Rs 730 from Rs 810.

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Moneycontrol Pro Market Outlook | GDP numbers take the market higher, but can it sustain?

With the market reaching new peaks, there is a worrying trend emerging which is evident from the decreasing 20-day advance-decline line, it indicates a diminishing participation of stocks in the upward movement

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Daily Voice: This investment adviser is bullish on 3 sectors for FY25

Tailwind Financial Services joint managing director Vivek Goel says the Indian economy is in the middle of a boom which will continue in the next fiscal, helping the market

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Explained: How SIP in mutual fund helps creates wealth

Systematic investment plans bring the benefits of compounding. The trick here is to give it time. Investors can fully realise the power of compounding if they start early and stick with their SIPs.

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Nirmala Sitharaman to inaugurate conference of GST enforcement chiefs today

In the conference, Goods and Services Tax (GST) formations will deliberate on combating GST evasion, including examining current challenges and delving into successful methods adopted by central and state tax enforcement officers.

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Nirmala Sitharaman to inaugurate conference of GST enforcement chiefs today

In the conference, Goods and Services Tax (GST) formations will deliberate on combating GST evasion, including examining current challenges and delving into successful methods adopted by central and state tax enforcement officers.

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News

  • Critical illness cover: Who needs it and what to watch for

    Regular health insurance pays for treatment. Critical illness plans provide a lump-sum payout that can help replace income and cover expenses that arise beyond hospital bills.

  • AI may change the world. That doesn’t make it a good investment

    Whether AI is a bubble will be known only after the fact. For investors, the more important question is how much risk they take while waiting for the answer.

  • Bank holiday next week: SBI, HDFC, others closed for four days between June 22 and June 28; check here

    Private and public sector banks in India will be closed for four days next week from 25 to 28 June 2026 due to regional holidays, including Muharrum and weekends. Customers should check the RBI holiday calendar for specific bank closures across different states.

  • Renting a house but not receiving HRA? Non-salaried individuals can still claim tax deduction on rent

    Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.

  • Using ChatGPT or Claude AI to file ITR? Experts warn it may not be as reliable as you think

    As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading to security risks and errors. Details here.

  • India’s crypto boom is moving beyond men in metros: How women and small-towns are driving the shift?

    India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline, while Tier 2 and 3 cities broaden the digital asset landscape.

  • Bihar approves Sindhu Darshan Yatra grant: Pilgrims can claim up to ₹20,000 travel reimbursement

    Named the Sindhu Darshan Pilgrimage Financial Assistance Grant Scheme, 2026, the initiative seeks to support pilgrims by partially reimbursing their travel expenses

  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

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