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Gold may fall further, recent rebound likely temporary: World Gold Council

The World Gold Council said gold's recent rebound may be temporary as higher US Treasury yields and a stronger dollar could weigh on prices. It said dip-buying helped the precious metal stay above $4,000/oz, with the next key technical support at $3,857-3,887/oz. It warned hawkish US Federal Reserve signals or stronger-than-expected US inflation data could renew downward pressure.
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News By: Mansi Agarwal
04:18 pm Tuesday, 28 July 2026

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Delhi HC orders Paytm Payments Bank to wind up operations effective July 8

Delhi High Court has ordered Paytm Payments Bank to wind up its operations, with effect from July 8 this year, the RBI announced. This comes after India's central bank cancelled its banking licence in April. The court has appointed ex-SBI CGM Girikumar M Nair as the Official Liquidator, who will exercise board powers from the same date, it added.
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News By: Medhaa Gupta
03:59 pm Tuesday, 28 July 2026

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Gold, silver prices fall in India

The price of gold and silver fell in Indian market on Tuesday amid profit booking ahead of US Federal Reserve policy decision. As per IBJA, the gold rates dropped by 1.5% to β‚Ή1,42,291 per 10 gm, while the cost of silver fell over 3% to β‚Ή2,17,349 per kg. Meanwhile, the US dollar also steadied to near a four-week-high.
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News By: Medhaa Gupta
06:16 pm Tuesday, 28 July 2026

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What will happen to Paytm wallet, UPI as HC orders Paytm Payments Bank to wind up?

The Delhi High Court has ordered the winding up of Paytm Payments Bank (PPBL), the RBI said on Tuesday. The central bank earlier assured depositors that PPBL has "enough liquidity to repay its entire deposit liability upon winding up". In April, Paytm-parent One97 Communications also confirmed that its core services, including Paytm App, UPI, QR and Soundbox, will operate uninterrupted.
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News By: Mansi Agarwal
07:00 pm Tuesday, 28 July 2026

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CJP warns of massive protest soon if govt doesn't withdraw all cases against protesters

Cockroach Janta Party (CJP) founder Abhijeet Dipke has warned that the outfit will respond with massive peaceful protest soon if the police continue to harass students. "The government must stop targeting and witch-hunting students," he added. This comes as Supreme Court ordered the release of all students detained during NEET protests, except those with criminal records.
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News By: Medhaa Gupta
09:02 pm Tuesday, 28 July 2026

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Only 6% of finfluencers are SEBI-registered, yet 33% recommend stocks: Report

An analysis by CFA Institute found that only 6% of sampled finfluencers are SEBI-registered, yet 33% provide explicit stock recommendations. The study included 48 finfluencers aged 25 to 56 years, with the majority being male. Around 37% of finfluencers also failed to adequately disclose conflicts of interest, such as sponsored content or affiliate marketing.
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News By: Mansi Agarwal
10:46 pm Tuesday, 28 July 2026

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India's Gulveer Singh creates history by winning silver medal in 10,000m at CWG 2026

Long-distance runner Gulveer Singh became the first Indian to win a Commonwealth Games (CWG) medal in the men's 10,000 metres after clinching silver at CWG 2026 in Glasgow. The reigning Asian champion clocked 27 minutes 49.78 seconds to finish second. Australia's Ky Robinson won gold medal in the event.
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News By: Anmol Sharma
08:08 am Wednesday, 29 July 2026

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FIFA to sell World Cup stake in new $20-billion entity

FIFA is considering selling up to 20% of FIFA Forward Enterprise, a new subsidiary valued at $20 billion that'd manage commercial and event operations for the World Cup and other tournaments. The deal could raise around $4.2 billion, while FIFA would retain control. UEFA has strongly opposed the plan, citing transparency, governance and commercialisation concerns over football's future direction.
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News By: Anmol Sharma
08:43 am Wednesday, 29 July 2026

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Russia puts Telegram Founder Pavel Durov on wanted list

Russia has charged Telegram Founder Pavel Durov with "aiding terrorism". It has also put him on an international wanted list, AP reported. The Federal Security Service alleged that Telegram’s administration has not removed "numerous channels" that are "used by Ukrainian intelligence agencies and terrorists to coordinate acts of sabotage and terrorism, mass murder, and cyberfraud" in Russia.
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News By: Dharini Mudgal
01:01 pm Wednesday, 29 July 2026

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What are the major financial changes that will take effect from August 1?

Effective August 1, Railways has changed the Tatkal ticket booking process, as the token issuance time is now aligned with Tatkal ticket booking start time. ITR filing deadline for salaried taxpayers ends on July 31. LPG cylinder prices may be revised, and banks and insurers will reportedly roll out CKYC 2.0. New credit card rules may be introduced.
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News By: Dharini Mudgal
12:24 pm Wednesday, 29 July 2026

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Why is stock market rising today?

BSE Sensex rose around 850 points, and Nifty50 jumped around 240 points intraday on Wednesday. The rally is driven by Indian IT stocks' resilience amid a global AI-led selloff, gains in the rupee, renewed foreign investor buying and expectations that US Federal Reserve will keep interest rates unchanged. Markets rose despite a sharp increase in crude oil prices today.
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News By: Anmol Sharma
10:48 am Wednesday, 29 July 2026

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Sensex rises over 700 points, Nifty above 24,200

Indian benchmark indices were trading higher on Wednesday despite Iran launching multiple ballistic missiles at US forces in the Middle East and a surge in oil prices. At 9:55 am, the BSE Sensex was up 740.44 points at 77,506.36, while the Nifty 50 gained 218.50 points to 24,203.85. Infosys was the top gainer on the Nifty 50 in early trade.
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News By: Pravel Jain
10:08 am Wednesday, 29 July 2026

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What happens if you miss the July 31 deadline to file ITR?

If you miss the July 31 ITR filing deadline, you can file belated return by December 31. However, taxpayers with β‚Ή5-lakh total income must pay β‚Ή1,000 late filing fee, while those earning above β‚Ή5 lakh must pay β‚Ή5,000. You cannot carry forward capital losses to subsequent years. Interest of 1% per month or part thereof may apply on outstanding tax.
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News By: Bhawana Chaudhary
03:41 pm Wednesday, 29 July 2026

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Anti-paper leak bill passed in Lok Sabha

The Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which proposes harsher punishments against those involved in paper leaks, has passed in Lok Sabha. The bill was passed via voice vote. Union Minister Jitendra Singh, BJP MP Tejasvi Surya, Leader of Opposition Rahul Gandhi, Congress MP Priyanka Gandhi were among the Lok Sabha MPs who debated on the bill.
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News By: Arshiya Chopra
03:39 pm Wednesday, 29 July 2026

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How can employees file ITRs even without Form 16?

Even without a Form 16, employees can file their ITRs by using their salary slips, bank statements, Form 26AS and Annual Information Statement (AIS). They should manually calculate their total salary, verify TDS and other income through AIS and Form 26AS, and claim eligible deductions. After completely verifying all details, they can file the return on the Income Tax portal.
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News By: Bhawana Chaudhary
06:26 pm Wednesday, 29 July 2026

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When is filing an ITR compulsory even for people with a low income?

Filing ITR is mandatory in many situations even when a person's income is low or falls below the income tax rebate limit. These situations include having an annual income of over β‚Ή2.5 lakh (old regime)/β‚Ή4 lakh (new regime), having over β‚Ή1-crore current account deposits or over β‚Ή50-lakh savings account deposits. ITR filing is also compulsory if electricity bills exceed β‚Ή1lakh/annum.
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News By: Bhawana Chaudhary
06:56 pm Wednesday, 29 July 2026

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Shubman Gill becomes world no. 1 ODI batter

India captain Shubman Gill has once again reclaimed the world number one position in the latest ICC ODI batting rankings, overtaking New Zealand's Daryl Mitchell. Gill moved to the top with 801 rating points, while Mitchell slipped to second with 794 after missing New Zealand's ODI series against West Indies. Mitchell had occupied the top spot since January this year.
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News By: Anmol Sharma
09:40 pm Wednesday, 29 July 2026

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India's CWG 2026 medal tally reaches 15 as Gavit, Basil script historic gold-silver finish

India's medal tally at CWG 2026 reached 15 after para sprinters Dilip Gavit and Mohammed Basil secured a historic one-two in the men's 100m T47 on Day 6. Gavit won gold in a Games-record 10.71 seconds, while Basil claimed silver in 10.83 seconds. Notably, Murali Sreeshankar also bagged silver in men's long jump on Day 6 with an 8.09-metre effort.
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News By: Anmol Sharma
07:04 am Thursday, 30 July 2026

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US launches air attack on Iran

The US military has launched airstrikes in Iran in retaliation for an Iranian "surprise" missile attack targeting an American base in Jordan. The strikes came hours after US President Donald Trump warned Iran, saying, "We're going to beat the f***ing s**t out of them". These are the first American strikes on Iran since Trump paused the bombing campaign last week.
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News By: Dharini Mudgal
08:27 am Thursday, 30 July 2026

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Ajinkya Rahane retires from all forms of cricket

Batter Ajinkya Rahane on Thursday announced his retirement from all forms of cricket. "The reality of life is...everything has a beginning and everything has an end. When the time comes, you simply have to respect it and move forward," the 38-year-old said. Rahane scored 5,077 runs in 85 Tests, 2,962 in 90 ODIs and 375 in 20 T20Is for India.
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News By: Anmol Sharma
10:34 am Thursday, 30 July 2026

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