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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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2 mins read

Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know

The Compound Interest Waiver Scheme was released by Indian’s Ministry of Finance on October 23. It …

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2 mins read

Supreme Court wants the government to give 'clear plan' on moratorium loan interest waiver by November 2 — 'Diwali is in your hands now'

The Supreme Court has set the deadline of November 2 for the ongoing case on whether or not the int…

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RBI directs banks and NBFCs to comply with interest waiver scheme

The Reserve Bank of India (RBI) has notified the Centre's scheme for ex-gratia payment of differenc…

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3 mins read

India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic

India’s apex court has ordered the waiver of interest on interest on all loans under moratorium, no…

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2 mins read

This bio-engineered houseplant claims to clean the air as efficiently as 30 air purifiers

A Paris-based startup ‘Neoplants’ has genetically modified a plant to do the work of 30 air purifie…

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3 mins read

Supreme Court reserves verdict on extension of loan moratorium period

The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…

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RBI and banks caught in the crosshairs as the Supreme Court adjourns loan moratorium hearing for a second time to November 18

The bench headed by Justice Ashok Bushan has adjourned the cases to November 18. It has, however…

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Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow

Axis Bank, India’s third-largest private sector lender after HDFC Bank and Kotak Mahindra, isn’t ex…

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3 mins read

Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13

Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…

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$89 million in crypto was mistakenly sent out to users of a decentralized finance platform, and now its CEO is asking users to voluntarily send it back

A glitch in a software update for the cryptocurrency-lending platform Compound caused too much "COM…

Dominick Reuter   


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2 mins read

New York Mayor Eric Adams faces nepotism claim after reports he appointed his brother to a $240,000 NYPD job

New York Mayor Eric Adams has tapped his brother for a top NYPD job, per reports. A watchdog group …

Joshua Zitser   


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11 mins read

Camila DeChalus,Kimberly Leon…   


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8 mins read

Some of the same members of Congress pushing to restrict cigarettes and vapes are quietly investing in tobacco giants

They've invested in companies such as Philip Morris International, Altria, and British American Tob…

Kimberly Leonard   


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2 mins read

Microsoft under fire over AI-generated poll about death of 21-year-old woman on its news platform

A poll that appeared next to a Guardian news story on Microsoft Start asked readers to speculate on…

Polly Thompson   


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4 mins read

Compound interest is either your best friend or your enemy. Here's how to make it work for you.

However, the good news is that most credit card issuers will give you a grace period up until your …

Clint Proctor   


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3 mins read

The Ukraine invasion caught the stock market at a vulnerable moment. Here's why the timing couldn't have been worse for investors.

Commodity prices have continued their surge following Russia's attack on Ukraine, only exacerbating…

Matthew Fox   


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2 mins read

China appears to retaliate against the UK by banning the BBC for reporting news that harms the country's 'national interests'

Last week, China threatened to retaliate after British media watchdog Ofcom revoked a Chinese telev…

Erin Snodgrass   


Kimberly Leonard,Warren Rojas…   


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9 mins read

Bad news for millennials: Things have never looked bleaker for first-time homebuyers

First-time buyers are older, living with their parents longer, and still struggling to find a home …

James Rodriguez