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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…

ANI   


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3 mins read

Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'

In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…

Lian Kit Wee   


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3 mins read

Nonprofit workers fill holes in the social safety net, but millions are financially insecure themselves

A new report from United for ALICE found that nearly a quarter of nonprofit employees are living ju…

Juliana Kaplan,Allie Kelly,No…   


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ED files money laundering case to probe 'financial irregularities in R G Kar Hospital

The agency, according to the sources, has gathered banking and medical procurement documents rel…

PTI   


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PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

PTI   


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NSE, BSE advise investors against dealing with entities assuring unreal returns

The joint advisory accused those entities of showcasing fake certificates purportedly issued by SEB…

ANI   


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Confused by the newly introduced Unified Pension Scheme? Here’s all you need to know about how it will work

The Indian government has approved the Unified Pension Scheme, due to become effective by April 1, …

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2 mins read

Millions of student-loan borrowers just lost access to a key debt relief program — and it could have big financial consequences

The on-ramp period for millions of student-loan borrowers is over. This means those who miss paymen…

Ayelet Sheffey   


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A Karnataka woman is being ridiculed for demanding an alimony of Rs 6 lakh monthly from her ex. Is this fair?

The Supreme Court of India has set a general benchmark for monthly alimony, where the husband may b…

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India's data centre industry a USD 25 billion market opportunity over the next decade: Avendus Report

The data centre industry in India is on the cusp of a transformation driven by advancements in Arti…

ANI   


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1 min read

SoftBank could invest $500 million in OpenAI, new report says

SoftBank is making a significant $500 million investment in OpenAI, highlighting the growing signif…

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2 mins read

SEBI proposes expansion of sustainable financial framework in securities market

In a consultation paper released on Friday, SEBI proposed that issuers, in addition to existing gre…

PTI   


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1 min read

Bengal government forms SIT to probe into financial irregularities at RG Kar hospital

A special investigation team has been set up by the West Bengal government to look into financial i…

PTI   


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Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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3 mins read

I'm a college student who lived alone in a studio apartment. I became more independent, but the financial burden was too much.

I decided to move out of the dorms and live on my own in an apartment. I gained a lot of confidence…

Alex Klaus   


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4 mins read

Markets hit new milestones, robust surge in active traders as investor numbers soar

According to a report by the National Stock Exchange (NSE), out of the 9.7 crore registered investo…

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3 mins read

Investment Advisers, Research Analysts should disclose AI tools usage to clients, notes SEBI

The Securities and Exchange Board of India (SEBI), in its consultation paper earlier this month, hi…

PTI   


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PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report

Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…

ANI