RBI forms technical committee to deal with financial markets’ issues

Earnings growth is likely to play a larger role in determining portfolio returns than valuation re-rating in the near term, as valuations of Indian equities remain neither cheap nor expensive, according to Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company. In an exclusive conversation with ANI, Shah said the first-quarter earnings season has been…

Jio Platforms’ Rs 30,200 crore initial public offering (IPO) is attracting a grey market premium of Rs 245, implying a potential listing gain of 22% over the upper end of its price band. Strong demand ahead of the issue is accompanied by subscription recommendations from brokerages, which cite the company’s market leadership, pricing power and…

Summer lull? Don’t even think about it. There’s a multi-trillion dollar selloff in AI-linked equities taking place, devastating wildfires across Europe and the war in the Middle East continues to rage. In Asia, India holds a crucial central bank meeting against a complex backdrop, while Friday’s U.S. non-farm payrolls report comes as traders grow increasingly…

With just days left before the July 31 deadline for most individual taxpayers, the Income Tax Department has said that more than 5 crore Income Tax Returns (ITRs) have already been filed for Assessment Year (AY) 2026-27. In a post on X, the department urged eligible taxpayers to avoid the last-minute rush and submit their…

Cupid shares’ sharp rally lost steam on Monday as investors appeared to book profits after the multibagger stock surged more than 245% in 2026 so far to hit a fresh all-time high. The stock rose nearly 1% in early trade to a record high of Rs 368.95 apiece, extending its gains to over 100% in…

Here’s a famous story that teaches a powerful money lesson. It explains how capital multiplies through smart choices. The example is a part of Jim Zane’s Power of the Jewish Intellect. Old Mr Cohen had four sons. He wanted them to grow rich through business. He gave each son $100 as capital. Each son had…