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SBI Funds Management shares fall below IPO price, but brokerages remain bullish. Time to buy?

SBI Funds Management shares slipped below their IPO price after listing, but brokerages remain bullish on the stock, citing strong parentage, a vast distribution network, sticky SIP flows, robust profitability and long-term mutual fund growth opportunities.

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NFRA sets 10 principles for technology use in audits, says AI cannot replace auditor judgement

The framework calls for pre deployment validation, continuous monitoring and stronger data safeguards as audit firms increasingly use analytics, automated tools and AI, while warning against automation bias and over reliance on machine generated outputs.

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IIRIS Consulting Acquires Publicly Listed Fintech Company Dion Global Solutions

New Delhi [India], IIRIS Consulting (Indus IntelliRisk and IntelliSense Services Private Limited), a technology-driven firm specialising in digitisation, tech-enabled risk management solutions and knowledge process outsourcing, has acquired Dion Global Solutions Limited, a publicly listed fintech company that has served…

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Fine Acers expands to north India, expects Rs 100-cr revenue

Fine Acers has launched its new office in Gurugram, a key step in broadening its footprint in North India. The company anticipates generating upwards of Rs 100 crore in revenue from the bustling Delhi-NCR market. With a focus on luxury…

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India's private sector growth hits over four-year low

India’s private sector growth slowed significantly in July, reaching a four-year low. Weaker demand and services activity constrained business expansion, impacting overall economic momentum.

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Indian service sector growth slips to 53.1 in July, weakest in two years: PMI Flash

India’s service sector continued to expand but at a much slower pace. The services purchasing managers’ index flash reading of 53.1 in July signalled sustained business activity, supported by new orders and resilient domestic demand, even as growth momentum softened.

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  • EPFO: Want to claim provident fund after EPF member's death? Here's how — Stepwise guide for families

    Today, we take a look at how the family (nominees or legal heirs) of an EPF subscriber can claim the provident fund savings amount after the member's death. Here's a stepwise guide…

  • Can't access your EPF account because you forgot your UAN? Here's how to retrieve it online and offline

    EPF members can retrieve their forgotten UAN online via the EPFO portal or through SMS and missed call services.  Details here.

  • ₹9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money

    The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.

  • ITR portal: Govt says managed service provider was penalised in FY26 for outages and due date extension

    The government penalised the MSP of the income tax e-filing portal for an extension of the ITR filing deadline caused by technical issues in FY 2025-26. Here's why an extension this year is unlikely.

  • Fixed Deposits: Should you park ₹10 lakh in one FD or split it? Pros and cons explained

    The better option depends on your financial objectives, liquidity needs, investment horizon and comfort with risk.

  • Pay commission: Salary, allowances, benefits — Check West Bengal 7th pay commission's full list of terms of reference

    The West Bengal government has officially constituted its 7th central pay commission. The finance department's resolution states that the panel will review allowances, salaries and service conditions for state government employees and pensioners.

  • ITR filing 2026: Do you need to disclose both taxable and exempt gifts received from friends and family?

    Gifts received during the financial year may be taxable and need to be reported in the income tax return. Taxpayers should be aware of exemptions and the new reporting field for non-taxable gifts to maintain compliance. 

  • DA hike: Odisha announces 5% Dearness Allowance increase for employees, pensioners under pre-revised pay scales

    The Odisha government has approved a 5% increase in dearness allowance for state employees and pensioners, effective January 2026. Here's a look at who's eligible and how it works…

  • Monsoon respiratory infections: What your health insurance covers and when claims may be denied

    Seasonal respiratory infections can lead to expenses beyond a doctor's visit. Here's what your health insurance is likely to cover, where claims may be denied, and the policy features to check before the monsoon season.

  • Mid-cap funds beat all equity categories over 1, 3 and 5 years, here are the top-performing schemes

    Mid-cap funds have outperformed every equity mutual fund category over the last one, three and five years. Here's how the category fared and the schemes that delivered the highest returns.

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