Retail investors raise their exposure to small and mid cap mutual funds, stress test reveals THIS

While small- and mid-cap mutual funds continue to remain risky, retail investors have been increasing their exposure to these funds. In July, investors invested ₹6,484 crore in small cap mutual funds and ₹5,182 crore in mid cap funds. The corresponding data for June stood at ₹4,024 crore and ₹3,754 crore, respectively. Since April, inflows into…

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Income Tax Returns: What is ITR-U, who can file it and who cannot? From process to penalty – here’s all you need to know

Central Board of Direct Taxes (CBDT) has notified ITR-U (updated), a form that allows taxpayers to rectify errors or omissions and file your previous Income Tax Return. ITR (U) was introduced under Section 139(8A) of the Income Tax Act. Here is everything you need to know about ITR-U. What is ITR-U? To encourage voluntary compliance,…

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Zack Wheeler injury: Philadelphia Phillies ace to miss rest of 2025 season after surgery

The Philadelphia Phillies face a major challenge as their star pitcher, Zack Wheeler, will miss the remainder of the 2025 season due to upcoming surgery for venous thoracic outlet syndrome. The team announced on Saturday that Wheeler, who had a blood clot successfully removed from his right upper extremity on August 18, requires thoracic outlet…

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FD interest rates: These 6 banks offer highest interest on their 1-year fixed deposits

FD interest rates: Before you open a fixed deposit account, it is recommended that you compare the interest rates offered by different banks—both private and government-owned. Although most banks tend to offer similar interest rates, it is still better to compare them because even a marginal difference of 50 basis points can lead to a…

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Australian and Philippine defense chiefs meet as disputes simmer over the South China Sea

MANILA, Philippines — Australia’s defense minister and his Philippine counterpart are meeting in Manila on Friday for talks spotlighting their concern over Beijing’s actions in the South China Sea, where Filipino forces were on alert after China deployed a larger number of coast guard forces closer to Manila’s military ship outpost in a fiercely disputed…

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