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Market News

Location American Market News for 11 July 2026
Elon Musk's SpaceX and the vision of off-planet industrialization Dhirendra Kumar reflects on a compelling conversation with a friend about the future of space mining and manufacturing, suggesting potential shifts in industry that could change life on Earth. For once, he's not tell...
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Gold fever breaks, leaving silver linings for singed investors As speculative hype fizzles out and global central banks slow their purchases, the sharp drop in gold and silver highlights the danger of trading commodities for short-term gains.
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Income Tax Department releases ITR-7 Excel utility for AY 2026-27; check who can use it The Income Tax Department has released the ITR-7 Excel utility for AY 2026-27, enabling eligible entities to prepare returns offline and upload them through the e-filing portal. Here's who can use the form, how the p...
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Wealth management for new parents: Expert explains 5 money moves to secure your child's future New parents can strengthen their child's financial future through term insurance, health cover, emergency savings and SIP investments. Early investing helps build a ₹1.2 crore education corpus while protecting the ...
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Lost track of an old PF account? EPFO's new Service History feature can help, here's how EPFO's new Service History feature lets members view their complete employment and PF records in one place. The update can help subscribers identify missing service records and trace old PF accounts before filing cla...
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Govts hub-and-spoke model for international travel: How will it help airline passengers? The governments hub-and-spoke model will allow airline passengers to check in baggage and complete customs and immigration formalities at spoke city airport (Tier-II and -III cities), and take onward flight from the hub ...
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Bank holiday today? Check if SBI, HDFC, ICICI are closed on 11 July for second Saturday off - RBI calendar here Public and private banks across India will remain closed today, 11 July, for the second Saturday holiday. Bank operations will remain suspended nationwide, but online banking services will remain accessible for transacti...
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Why a same-sex couple is challenging the income tax law that exempts gifts only between spouses? Explained The Karnataka High Court has requested the Union government to respond to a petition challenging tax exemptions for gifts between spouses, which currently excludes same-sex couples. Details here.
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EPS 2026: New withdrawal rules and 20-day claim settlement explained With EPS 2026, the pension system for organized sector employees is reformed for transparency and efficiency. It mandates a 36-month wait for withdrawal benefits, enforces a 20-day claim processing deadline, and supports...
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EPFO passbook portal restored after software upgrade; members can access accounts again ahead of 8.25% interest credit The EPFO has restored its passbook portal after a two-week outage due to a database upgrade. Members can access their accounts again ahead of 8.25% interest credit. 
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Same salary, different loan amount? Here's why banks may treat borrowers differently Lenders consider factors beyond income when approving loans, such as repayment history and financial habits. Two individuals with identical salaries may experience different loan outcomes based on their overall financial...
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Which ITR form should you file? A guide for salaried employees, pensioners and other taxpayers The ITR forms have been revised for AY 2026-27, affecting ITR-1, ITR-4 and ITR-2. Taxpayers must ensure correct filing by reviewing income sources and changes to avoid complications. The filing deadline is 31 July 2026 f...
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Forgot your ITR login password? Here's how to reset it without access to Aadhaar-linked mobile number Taxpayers can reset their income tax e-filing portal password using various methods if they forget it, even if they don't have access to their Aadhaar-linked mobile number. Step-by-step guide here.
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EPF vs PPF vs NPS: Which retirement scheme is meant for you? Building a solid retirement corpus is crucial for financial planning. Popular schemes in India include EPF, PPF, and NPS, each differing in eligibility, contributions, and benefits. Details here.
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These value mutual funds delivered the highest returns in 5 years. Should you invest? Value funds, notably HSBC and ICICI Prudential, have yielded strong returns. Experts suggest that investors adopt a mixed strategy, combining value and growth stocks, to enhance portfolio performance throughout different...
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ITR filing: Switched jobs during FY 2025-26? Follow this checklist to avoid errors Employees who changed jobs during FY 2025-26 should report salary from all employers while filing ITR for AY 2026-27. Verify Form 16, Form 26AS and AIS, report total salary correctly, and avoid tax notices, interest char...
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Mutual fund delivered 15% CAGR? Why your returns may still be lower Your mutual fund's published return and your actual return are often not the same. Experts explain why investor behaviour, rather than fund performance, is usually responsible for the gap.
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CBDT directs AIS to show foreign investments, strengthening tax transparency and compliance CBDT will upload foreign investment and overseas financial account information into taxpayers' AIS within 90 days under the AEOI framework. The move aims to improve tax transparency, simplify compliance, strengthen v...
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8th Pay Commission: Should the highest government salary be capped? Here's what employee bodies want Employee bodies have proposed contrasting approaches to determining the highest salary under the 8th Pay Commission, with some seeking a 1:12 cap between minimum and maximum pay while others oppose any such limit.
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20x rule explained: Simple property price test to decide if renting or buying a home is smarter The 20x rule helps homebuyers compare property prices to rental values before deciding whether to buy or rent. Here's how the pricetorent ratio works, its benefits and limitations and how EMIs, appreciation and perso...
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Think choosing a bad fund is your biggest mistake? These 3 can cost even more The biggest threat to your mutual fund returns may not be the fund you choose, but the decisions you make after investing. Experts identify three costly mistakes that investors should avoid.
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Gold, silver prices today, 10 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata Gold and silver prices today, 10 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates, along with other important geo...
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