Trump administration student debt collection: Five ways borrowers can protect their paychecks from federal garnishmentMillions of Americans struggling with student loan debt may soon face renewed collection efforts from federal agencies. The Education Depar...
26 Oct, 2026, 07.06 PM IST
Brazil's Itau agrees to buy AI startup NeoSpace for $589 millionIn a significant move to enhance its artificial intelligence capabilities, Brazilian lender Itau has agreed to acquire NeoSpace AI for 2.92...
26 Oct, 2026, 04.49 PM IST
Rupee weakens for third session as importers step up dollar bids, foreign outflows biteThe Indian rupee declined for three consecutive trading sessions due to increased dollar buying by importers. Elevated oil prices and forei...
26 Oct, 2026, 03.38 PM IST
Account aggregator body Sahamati defers rollout of new fee model to December 1Industry participants had flagged that implementing the changes involved legal reviews, agreements between multiple institutions and system...
26 Oct, 2026, 01.04 PM IST
Damon Dash, once one of hip-hop's biggest moguls, forced to sell off rights to his life story for just $550,000, amount set to help pay his $25 million debtDamon Dash, the co-founder of Roc-A-Fella Records, was forced to sell off the rights to his life story for $550,000. Everlasting Films emer...
25 Oct, 2026, 03.45 PM IST
RBI’s forward dollar sales surge to record $200 billion in AugustThe Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significan...
24 Oct, 2026, 08.30 AM IST
RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economyIndia's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures hav...
23 Oct, 2026, 09.24 PM IST
A Rs. 48 crore profit on paper, a Rs. 231 loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
23 Oct, 2026, 08.23 PM IST
Smartphone shipments fall 20% YoY in Q3 as price hikes mute demandIn the third quarter of this year, India saw a staggering 20% drop in smartphone shipments, largely due to rising memory costs impacting ov...
23 Oct, 2026, 01.24 PM IST
India's JSW Paints eyes 4, 5-year debt to refinance acquisition-led funding, bankers sayIndia's JSW Paints is likely to raise funds through issuance of bonds maturing in four years and five years and should go ahead with the sa...
22 Oct, 2026, 05.48 PM IST
India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
22 Oct, 2026, 12.17 PM IST
America's $1 trillion annual interest bill is growing as national debt surges, so why isn't the US facing a debt crisis like France?The United States continues to finance its national debt more effectively compared to France. While both countries face rising borrowing co...
21 Oct, 2026, 08.09 PM IST
Jio Platforms' IPO-linked inflows boost rupee; elevated oil prices spur cautionThe Indian rupee experienced a notable increase as Jio Platforms' IPO attracted significant foreign investments. Despite this strength, ris...
21 Oct, 2026, 04.07 PM IST
Global Market: Eurozone banking crisis fears return as government borrowing costs surgeRising euro zone borrowing costs have renewed fears of a sovereign debt crisis, particularly in France. European banks’ stronger capital bu...
21 Oct, 2026, 12.18 PM IST
CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDSThe exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax ye...
19 Oct, 2026, 10.20 PM IST
Fairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankersFairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest fore...
19 Oct, 2026, 04.14 PM IST
India corporate bond boom may scale record in 2026 as borrowers lock in ratesIn anticipation of rising interest rates, Indian companies are poised to dramatically escalate their debt issuance activities. Many borrowe...
19 Oct, 2026, 02.56 PM IST