Stable salaries, easy access to credit and early trading wins are drawing serving and retired defence personnel into a cycle of leveraged bets—and mounting losses
Shares of Cupid rebounded sharply on Thursday, climbing 5.5% to Rs 208 on the NSE after tumbling nearly 12% in the previous session. The recovery reflected renewed investor confidence, supported by the company’s strong business momentum and an upgraded growth outlook.The stock created excitement earlier in Wednesday’s session by touching a fresh 52-week high of…
The Employees’ Provident Fund Scheme, 2026 has introduced a significant change to the way Employees’ Provident Fund (EPF) members can access their savings during service. Unlike the earlier framework, the new scheme requires members to retain at least 25% of their accumulated EPF balance after making a partial withdrawal. This means members can withdraw only…
A same-sex couple has challenged a provision of the income tax law that exempts gifts exchanged between spouses from taxation but excludes LGBTQ+ couples from the benefit as their marriages are not legally recognised in India. The Karnataka High Court has sought a response from the Union government on a petition filed last year by…
Mumbai: The Indian rupee retreated to a two-month low of 96.52 to a dollar Monday despite what dealers described as significant central bank interventions, as a steep rise in crude oil prices over the past 10 days stoked inflation concerns in an economy heavily reliant on Gulf-routed energy supplies. The rupee, which had touched a…
Income-tax returns: The income-tax department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) online forms for financial year 2025-26 i.e. assessment year 2026-27 and notified all ITR forms 1-5 for this tax year (FY26 / AY27). Notably, availability of excel utility means that you can prepare your returns offline before…
Mumbai: The ₹9,813-crore initial public offering (IPO) of SBI Funds Management, India’s biggest asset manager by some distance, is a tale of multiple eye-popping superlatives. The biggest IPO of 2026 is also the most subscribed ever among billion-dollar domestic issues, with investors bidding nearly 42 times the shares on offer by the money manager that…