SBI Funds raises Rs 2,663 crore from anchor investors ahead of IPO

Mumbai: The benchmark Sensex has fallen more than 20% so far in 2026 in dollar terms, the steepest in 15 years, as the rupee’s weakening has amplified losses for overseas investors. The Nifty has declined 18.6% in dollar terms, with both indices emerging as the second-biggest laggards among major global markets after Indonesia. In rupee…

Mumbai: Several Indian lenders are likely to focus on the overseas foreign currency borrowing (OFCB) window to raise more funds abroad, as the advanced August 31 deadline for individual deposits targeted at the diaspora has left them with insufficient time to close fundraising deals. The December 31 OFCB deadline, to be sure, remains unaltered. Bankers…

Are you an investor looking for safe, government-backed investment options? Then you can look towards prominent post office schemes. This is because investors seeking to put their money in these schemes often compare prominent schemes such as the National Savings Certificate (NSC) and the Kisan Vikas Patra (KVP) to decide the best way to deploy…

Stocks drifted to a mixed finish on Wall Street Friday as oil prices slipped for the first time in a week. Every major index lost ground overall for the week amid increasing pressure from a sharp escalation in the U.S. war with Iran. Investors are also contending with new tariffs from the Trump administration and…

The 31 August deadline for non-audit taxpayers to file their income tax returns (ITRs) for AY 2026-27 has passed. However, missing the deadline does not mean taxpayers have lost the opportunity to file their return. Depending on their situation, they can still file a belated return, revise a return, or ask for a condonation of…

For investors tracking where the market is headed, August 2026 offered a mixed picture across market-cap segments. While large caps struggled during the month, midcaps and smallcaps ended higher, showing that the broader market continues to behave differently from the benchmark indices. In a post on X, Capitalmind Mutual Fund noted, “August was a mixed…