Quarterly results from Alphabet, Intel and Tesla will dominate Wall Street's attention in the coming week. The economic data calendar is comparatively light, but several reports could still move sentiment. Investors are watching the technology heavyweights closely for signals on AI-related spending and demand across the sector.
Forming a Hindu Undivided Family can help manage tax efficiently, since a HUF is treated as a separate taxable entity under income tax law with its own exemption limit. Experts caution that families should first understand who can create one, how assets are pooled, and the long-term implications for partition and control.
Investors who manage their own money should keep the process simple, argues a core-satellite approach set out by Venkatesh Bangaruswamy. A plain core portfolio may not outperform a benchmark index, but it can still meet personal goals. Limiting investment choices curbs future regret, while systematic investment plans counter present bias, the pull to spend today rather than save.
The National Stock Exchange launched Electronic Gold Receipts in May 2026, an exchange-traded segment for buying and selling gold electronically while retaining ownership of the physical metal. The framework traces to SEBI's Gold Exchange and Vault Managers rules approved in September 2021, EGRs being notified as securities that December, and a risk management framework issued in April 2022.
Gifts from parents to non-resident children are exempt from tax in India, and interest earned on NRE accounts and deposits is fully tax-free for those classified as non-residents under FEMA. Interest on NRO accounts, by contrast, remains taxable — a distinction families should account for when structuring transfers abroad.
Aadhaar linking and updated KYC records are mandatory to access several EPF services, making the process essential for subscribers. A step-by-step route through the retirement body's official portal lets members update identity and bank details themselves, reducing the risk of stalled claims, delayed withdrawals or blocked transfers when changing jobs.
The government has relaxed norms under its production-linked incentive scheme for advanced chemistry cells while lowering subsidy levels, aiming to attract more energy-storage players. A 10 GWh tender floated on July 15 completes the wider 50 GWh initiative under the Rs 18,100-crore programme, signalling a shift in policy priorities.
The AI boom has unleashed enormous spending on infrastructure, startups and data centres, but the question of who ultimately profits remains unsettled. Analysts trace the cash flowing between OpenAI, Nvidia and large technology firms, and flag concerns about sustainability should a major player such as OpenAI falter.
Reliance Retail plans to rapidly scale its online business, expand dark stores and strengthen omni-channel capabilities through FY27, CFO Dinesh Taluja said. Setting out a three-year roadmap, he said the company would assess individual markets and direct investment accordingly rather than expanding uniformly across regions.
The income tax department has made a secondary address field mandatory across all ITR forms for assessment year 2026-27, requiring taxpayers to supply additional communication details. Officials say the change should improve the delivery of notices and correspondence, reducing cases where taxpayers miss deadlines because letters fail to reach them.
The 8th Pay Commission is still deliberating before issuing recommendations on pay, allowances and salary structure. Around one crore people stand to benefit — roughly 50 lakh serving central government employees and 65 lakh pensioners, including defence personnel — across 18 employee levels. Staff body NC-JCM wants several of those levels merged to compress the pay structure.
Economist Nouriel Roubini, who earned the nickname 'Dr Doom' for warning about the 2008 crisis, struck an unusually optimistic tone on artificial intelligence. Speaking to Bloomberg TV, he predicted economic growth could reach 10 percent by 2050, while cautioning that AI and robotics will replace many jobs — meaning simply raising the retirement age will not fix Social Security.
Packaged foods maker iD Fresh Food expects its international business to outpace domestic operations over the next two years as competition sharpens in India's ready-to-cook category. Domestically the company is prioritising margin improvement while accelerating launches into newer segments such as snacking, helped by rapid quick-commerce growth, as it works towards being IPO-ready by October 2027.
A number of state governments are preparing Dearness Allowance increases for employees and pensioners, following the Centre's revision announced in April and effective from January 1. The Centre typically updates DA twice a year using All-India Consumer Price Index data, with announcements in March and October, to offset rising living costs.
Buyers of higher-value cars often overlook a refund they are owed. Dealers collect 1 percent tax at source when a vehicle exceeds the prescribed value, but this is advance tax rather than an extra charge. When filing an income tax return, the TCS recorded against a buyer's PAN can be set against total liability, with any excess refunded.
Businesses and other deductors filing first-quarter TDS and TCS returns for tax year 2026-27 face a new reporting framework under the Income-tax Act, 2025. The due date is July 31, 2026, and this cycle brings new return forms and revised section codes. The department has enabled the forms on the e-filing portal.
Apple has reclaimed the position of world's most valuable company from Nvidia as investors reassess AI bets. Apple was last valued at $4.88 trillion with its shares holding steady, while Nvidia stood at roughly $4.86 trillion following a 3.5 percent decline.
One Army officer began trading futures and options in 2022 after a college friend's suggestion, opening an account with Rs 10,000 and making about Rs 80,000 on his first trades. Three years later he was sitting on Rs 48 lakh in losses. A monthly salary above Rs 1 lakh supplied the liquidity that kept him trading.
Samsung Electronics has cut jobs across its US consumer electronics business, including display and smartphone operations, with most affected staff in New Jersey and Texas. The company told Reuters that 739 positions at Samsung Electronics America in Englewood Cliffs, New Jersey, were hit as part of a plan to relocate its US consumer electronics headquarters to Texas.
The government is considering a fresh incentive framework for the food processing sector that may depart from the existing production-linked incentive scheme, which rewards companies for incremental sales. The food processing ministry is reviewing lessons from the current programme and consulting industry, including on segments such as plant-based proteins and nutrition products.