Debt mutual fund flows turn negative at Rs 8,127 crore in August. What drove the outflows?

Mumbai: Public-sector banks (PSB) have gained an estimated ₹2.1 lakh crore of additional lending headroom following the relaxation of liquidity coverage requirements, allowing them to sustain credit growth even as deposit mobilisation remains relatively weak, multiple analysts said. An estimate by Bernstein suggests that the excess investment buffer could support around 1.7% incremental loan growth…

National Stock Exchange of India Ltd., the operator of the world’s largest derivatives exchange by trading volume, has received a ‘sell’ recommendation just as it gears up to launch the country’s biggest initial public offering. Dolat Capital Market Pvt., a local brokerage house, initiated coverage on India’s largest stock exchange with a bearish call, saying…

Shares of two-wheeler maker Ola Electric Mobility rallied as much as 7.5% to an intraday high of Rs 41.41 on the BSE on Wednesday after the company signed a memorandum of understanding (MoU) with Axis Energy to deploy up to 20 GWh of battery energy storage systems (BESS) by 2032. The agreement marks the first…

ITR Form 1 (Sahaj) is for small taxpayers with income up to ₹50 lakh. Over 1.7 crore ITRs were filed for 2025-26, urging timely submissions before the July 31 deadline to avoid penalties and delays in refunds.

Mumbai: Godrej Capital is making a decisive push into the gold loan business, aiming to build a Rs 5,000 crore book over the next five years following its acquisition of Kanakadurga Finance’s gold loan portfolio for Rs 135 crore, said managing director and chief executive Manish Shah. The deal, which brings Godrej Capital assets under…

Investors holding the Sovereign Gold Bond (SGB) 2018-19 Series VI are set for a substantial gain as the Reserve Bank of India (RBI) has fixed the premature redemption price at ₹15,102 per unit. The redemption window opens on 12 August 2026. The tranche was issued on 12 February 2019 at ₹3,276 per gram for investors…