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Rs 19,000 crore FII selloff: Banks, IT, FMCG worst hit. Metals only bright spot

Foreign institutional investors have divested Rs 19,015 crore from Indian equities in early 2026, heavily impacting banks, IT, and FMCG sectors. Metals, however, emerged as a bright spot, attracting significant foreign inflows. Despite the sell-off, domestic brokerages see opportunities in…

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CBDT must strengthen internal mechanisms to ensure one consistent view, says former chairperson, Anita Kapur

India’s tax regime needs consistent application of current laws to reduce disputes. Former CBDT Chairperson Anita Kapur suggests strengthening internal mechanisms for uniform interpretation. She advocates for stability over frequent changes in tax rates and exemptions. Budget 2026 should focus…

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Budget 2026: Industry leaders call for stability, fiscal discipline and targeted incentives

The Budget must now shift focus from headline reforms to execution certainty—anchored in stable tax policy, predictable regulations and targeted incentives to revive private investment and job creation, said former policymakers and corporate leaders at the fifth edition of ETCFO…

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Deepinder Goyal resigns as Eternal Group CEO; Albinder Dhindsa to succeed

Deepinder Goyal resigned as the Group Chief Executive Officer of Eternal, the company announced on Wednesday. According to an Eternal regulatory filing, Albinder Dhindsa will take over as the new Group CEO, while Goyal will transition to the role of…

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Tariffs be damned: Global CEOs are still betting on India

Global CEOs see India as a top investment spot for 2026. Strong economic growth, a large consumer base, and stable policies are key attractions. India’s economy is expanding rapidly, outpacing many nations. Reforms in taxation and labor laws further boost…

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Gold futures hit record Rs 1.58 lakh/10g; breach USD 4,800 per ounce in global market

Gold prices have reached a record high of Rs 1,58,339 per 10 grams. Silver also hit a new peak. Global uncertainty and trade tensions are driving investors towards safe-haven assets. The weakening Indian Rupee is further increasing local gold prices.…

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  • 8th Pay Commission Kolkata meeting begins today: What Central government employees and pensioners can expect

    The 8th Pay Commission begins stakeholder consultations in Kolkata today, with discussions likely to focus on fitment factor, minimum pay, pension reforms and HRA revisions. The feedback will shape final recommendations for central government staff and pensioners.

  • July 2026 DA hike: 3% increase most likely as June inflation data guides decision, says expert

    3% Dearness Allowance hike for Central government staff and pensioners is a possibility in July 2026. The final DA revision hinges on June AICPI-IW inflation data, with the government's announcement expected after Cabinet approval and inflation review.

  • UPI and personal loans are replacing credit cards in Indians' wallets: CIBIL

    Credit card penetration in India remains low, with only 5.2 crore holders, representing 25% of the credit-active population. While usage is rising, first-time borrowers account for just 8% of new credit card issuances

  • PPF account turns dormant if you invest less than ₹500 a year: What you lose and how to revive it

    PPF accounts become inactive if the annual ₹500 minimum deposit is missed, restricting benefits. Activation requires a request and payment of a penalty. Full details here.

  • Sebi reintroduces open-market share buybacks: How your gains will be taxed and what to consider before participating

    Sebi has notified rules for open-market share buybacks effective 1 August 2026, allowing companies to repurchase shares through stock exchanges. Here's how your capital gains will be taxed and what to consider before selling your shares via the open market.

  • How many mutual funds should you own? Experts explain the right portfolio mix

    Managing too many mutual funds complicates portfolio tracking without enhancing diversification. Experts suggest three to six funds can suffice, emphasising a mix of large, mid, and small-cap funds along with debt for balance. 

  • As the Magnificent 7 lose swagger, which stock should you buy now? Experts reveal the right strategy

    The Magnificent Seven tech giants are losing investor interest as their performance lags behind the Nasdaq 100 and S&P 500. Emerging chipmakers like Micron Technology are gaining traction, while stocks like Alphabet show potential amidst differing fortunes among the group.

  • Quant Mid Cap Fund beats benchmark in short term after years of lag: Expert explains what investors should do

    Quant Mid Cap Fund has outperformed its benchmark index over the last 3 and 6 months, but continues to lag over the 1-, 3-, and 5-year periods. The expert attributed the rebound to portfolio repositioning and advised investors to focus on long-term consistency. 

  • ITR filing 2026: Preventive health checkups can help you save tax — here's how

    The ITR filing deadline is approaching, prompting taxpayers to prepare documents and explore deductions. Section 80D allows deductions for preventive health checkups, capped at ₹5,000, applicable only in the old tax regime.

  • EPFO portal revamp: 10 changes in PF claims, withdrawals and transfers every member should know

    The Employees' Provident Fund Organisation has centralised its member database through the CITES project to enhance service speed, transparency, and accessibility. 

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