It’s not often that India’s stock markets disappoint investors for a long stretch. The benchmark indices have yielded negative returns not just over the past one year, but also over a two-year time frame. In 2026, the Sensex has ended 37% of its trading days with two-year returns in red, the worst showing since 2012, shows an ET analysis. It’s now 697 days, and counting, since the indices struck anew all-time high. Tanay Sukumar looks at the data:
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has deleted a ₹10 lakh penalty imposed under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, holding that a genuine failure to disclose foreign employee stock option (ESOP) shares in the Schedule Foreign Assets (FA) of an income tax…
Equity mutual funds delivered up to 7% return in the past week (July 20 to July 24), with international funds leading the performance chart. Here are the top 5 performers with gains of over 2% (Source: ACE MF).
SEBI has revised the application process for mutual fund registration, replacing the earlier multi-form process with a consolidated application. At the same time, the revised framework requires prospective sponsors to provide detailed information on their financial strength, ownership, regulatory record, governance, technology and investor-protection systems. The changes follow the overhaul of the SEBI (Mutual Funds)…
With just a day left before the July 31 deadline for filing income tax returns (ITRs) for Assessment Year (AY) 2026-27, the government has sought to reassure taxpayers that the e-filing portal is ready for the last-minute rush. In a recent reply in Parliament, the Finance Ministry said the income tax e-filing portal has been…
Gold slid to a two-week low on Tuesday as the U.S.-Iran conflict in the Gulf sent oil prices soaring and fuelled inflation fears, with hawkish remarks from Federal Reserve Governor Christopher Waller further reinforcing bets on higher U.S. interest rates. FUNDAMENTALS Spot gold was down 0.2% at $3,993.83 per ounce by 0110 GMT, having shed…
Regular and direct mutual fund plans invest in the same underlying securities with the same investment objective and fund manager. The key difference is that the fund in a regular plan is managed by agents or fund advisors, while in direct plans, the fund is managed directly by the investor. This also makes the expense…
ET Bureau
