Supplier gaps, invoice compliance, credit access continue to hit 5 in 10 MSMEs: SurveyMSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments.
26 Jun, 2026, 04.15 PM IST
Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
26 Jun, 2026, 03.45 PM IST
Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
26 Jun, 2026, 05.57 AM IST
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
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
Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...
24 Jun, 2026, 11.53 PM IST
Kunal Shah net worth and his inCREDible journey to Meta's WhatsAppKunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's...
24 Jun, 2026, 03.50 PM IST
'Kunal Shah won't even get a fresher job at TCS or Infosys': Founder highlights flaws in corporate hiring practicesKunal Shah, the visionary behind CRED and FreeCharge, has been appointed global head of WhatsApp at Meta. His remarkable ascent, despite la...
24 Jun, 2026, 01.59 PM IST
Nisus Finance to raise up to Rs 4,000 crore through a real assets investment platformNisus Finance is launching a real assets platform to raise up to Rs 4,000 crore, targeting yield-generating and value-accretive real estate...
24 Jun, 2026, 12.34 PM IST
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
23 Jun, 2026, 05.47 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
India's 'fragmented' water management framework raises fiscal, credit risks: Moody'sIndia's water management system faces significant challenges, according to Moody's Ratings. A fragmented governance structure, heavily subs...
22 Jun, 2026, 01.30 PM IST
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
22 Jun, 2026, 09.29 AM IST
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
20 Jun, 2026, 06.30 AM IST
RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit BankThe Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...
18 Jun, 2026, 04.42 PM IST
Govt readies farm safety net with banks, insurers as El Nino loomsThe government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Eff...
18 Jun, 2026, 12.11 AM IST
India aims to co-develop, co-design, co-produce, co-manufacture: MEA on Rafale deal with FranceIndia is boosting its defence manufacturing through the 'Make in India' initiative. Discussions with France focus on co-developing and co-p...
14 Jun, 2026, 10.22 PM IST