India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
26 Jun, 2026, 12.46 AM IST
Trump climate pushback spurs courtroom battles, report saysPresident Donald Trump's rollback of federal regulations has spurred an unprecedented wave of lawsuits in defence of climate protections, a...
25 Jun, 2026, 09.43 PM IST
Axis Bank aims to strike optimal balance between growth and margins: MDAxis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in n...
25 Jun, 2026, 07.51 PM IST
US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimateThe growth in gross domestic product - the nation's output of goods and services - marked a rebound from a sluggish 0.5% in the last three ...
25 Jun, 2026, 06.21 PM IST
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
25 Jun, 2026, 04.22 PM IST
Psychology explains why lending money to friends can damage a friendship; even when it's returnedLending money to friends can unexpectedly strain relationships, a 2024 study reveals. Lenders often feel a sense of ownership and develop e...
25 Jun, 2026, 01.46 PM IST
Affordable housing finance firms likely to regain growth in FY27, but macro risks loom: KotakAffordable housing finance companies are poised for a growth rebound from FY27, according to Kotak Institutional Securities. After a subdue...
25 Jun, 2026, 01.02 PM IST
India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
25 Jun, 2026, 12.38 PM IST
US immigration custody death rate at decade high: Rights groupsThe rate of people dying in Immigration and Customs Enforcement (ICE) custody has reached its highest level in over a decade amid US Presid...
25 Jun, 2026, 11.16 AM IST
India's services exports narrow gap with goods trade as overall trade grows 5.4% in Q4FY26: NITI AayogIndia's trade saw a healthy 5.4% growth in Q4 FY26, driven by robust services exports that significantly boosted the services trade surplus...
23 Jun, 2026, 05.51 PM IST
Meet Kunal Shah: He once worked as a delivery boy to support family. Now he's set to lead world's biggest messaging platformKunal Shah, the visionary behind fintech success CRED and FreeCharge, is set to lead Meta's global messaging giant, WhatsApp. Shah, who pre...
23 Jun, 2026, 03.45 PM IST
PSU banks lose gold loan sourcing share as private banks, NBFCs gain traction: ReportPublic sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. Whi...
23 Jun, 2026, 03.35 PM IST
Real estate platform Square Yards achieves unicorn status after securing 900 cr in fundingReal estate platform Square Yards has secured Rs 900 crore in a funding round, achieving unicorn status with a valuation exceeding $1 billi...
23 Jun, 2026, 01.20 PM IST
India emerges as world's top ship-recycling nation in 2025The country's share in global ship recycling surged to 35.4% in 2025, with a significant increase in recycled tonnage. This achievement, ex...
23 Jun, 2026, 11.30 AM IST
Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...
22 Jun, 2026, 05.14 PM IST
Indian banks turn cautious on MSME lending as stress signals emerge: ReportIndian banks are becoming more cautious about lending to MSMEs as early signs of stress emerge in the sector. According to a 360 ONE Capita...
21 Jun, 2026, 11.41 PM IST
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...
21 Jun, 2026, 09.39 PM IST