Business

Retail investors are aggressively investing in mid and smallcap mutual funds, drawn by their high returns, allocating ₹20,255 crore in Q1 FY26. Experts caution about stretched valuations, with mid and smallcap indices trading at premiums compared to historical averages and large caps. Financial advisors recommend a cautious approach, suggesting limited allocation and a long-term investment…

Aadhaar-linked identity systems are being increasingly exploited by fraudsters to file bogus insurance claims, prompting a large-scale probe by Uttar Pradesh Police. Criminals are forging Aadhaar documents to obtain policies or process fictitious claims, moving beyond previous techniques. Insurers are tightening oversight and flagging suspicious data to the Insurance Information Bureau to combat the rising…

The Securities and Exchange Board of India plans to revise norms for related party transactions. New thresholds based on company turnover are proposed. These aim to ease compliance for larger firms. A simpler disclosure format is suggested for smaller transactions. The current exemption for transactions up to Rupees one crore will remain.

Indian business confidence soared in the April-June quarter, according to NCAER’s survey, with the BCI reaching 149.4. Optimism is fueled by expectations of economic improvement, better financial positions, and strong domestic demand. While firms anticipate increased production, sales, and exports, hiring and wage expectations remain stagnant, indicating a stable employment outlook. Companies also foresee a…

The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to acquire the debt-laden Jaiprakash Associates Ltd (JAL) through the insolvency process. This clearance allows Dalmia Cement to submit its resolution plan for JAL, which faces substantial creditor claims. Other major bidders, including Adani Enterprises, are also participating in the insolvency bidding.

Tata Capital, the Tata Group’s financial arm, has filed updated papers with SEBI for a mega IPO estimated at $2 billion, valuing the company around $11 billion. The IPO includes a fresh issue of shares and an offer for sale by Tata Sons and IFC. Proceeds will boost Tata Capital’s Tier-1 capital.

US stock indices showed resilience on Tuesday, edging higher amid economic uncertainty and tariff concerns. Optimism surrounding potential Federal Reserve rate cuts and strong earnings from companies like Palantir and DuPont provided support. Investors remain cautious, awaiting stronger corporate earnings or policy easing to justify high valuations, with the Federal Reserve’s September meeting in focus.

The US trade deficit experienced a significant 16% decrease in June, reaching $60.2 billion, primarily due to a sharp decline in imports. This contraction was influenced by President Trump’s tariffs, which led to reduced foreign purchases amid rising costs. The goods trade deficit with China also narrowed amidst ongoing trade tensions between the two nations.

India has strongly responded to US President Trump’s tariff threats, highlighting the hypocrisy of Western nations continuing trade with Russia while criticizing India’s oil imports. India defends its energy procurement as vital for national interest and points out the significantly larger trade volumes between Europe and Russia.