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A LETTER OF CREDIT
Key Coforge shareholders were against OP Bhatt’s reappointmentThe exit of Bhatt, a career banker and former chairman of the State Bank of India (SBI), appears not to be linked to any financial discrepa...- 16 years after separation, husband gets divorce over wife’s adultery but has to pay Rs 7 lakh in alimony: Madras HC orderWhile husband was working in Mumbai, back in his hometown his wife got into an affair; husband wins divorce on adultery ground but with Rs ...
- Michael Burry pulls back on risk, says he’s happy to sit on cash. Is Big Short investor reversing his bearish AI bets?Michael Burry is pulling back on portfolio risk, exiting December 2026 put options on Nvidia and Palantir without rolling them over. The ‘B...
- Stocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan ZincIndian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance In...
- Microsoft is funding a bet on mud: Inside the race to rewet 23 square miles of North Carolina peat before it dries out and burnsNorth Carolina's peatlands, vital carbon stores, are being restored by Pantheon Regeneration. These ancient ecosystems hold twice the carbo...
- Student or parent: Who should be the primary borrower for education loan? Check repayment and tax implications before decidingDetermining whether a parent or a student should take on an education loan is an important decision. Although the student is the main borro...
- In 1971, Apollo 14 brought back the 20-pound rock Big Bertha; in 2019, scientists found a fragment that likely came from Earth, excavated about 4 billion years agoA lunar rock collected by Apollo 14 astronauts may contain a fragment of Earth. This tiny piece of rock is approximately four billion years...
- Sberbank showcases AI, digital technologies and India-focused solutions at InnopromSberbank presents its Digital Mine concept at INNOPROM.India in New Delhi. The exposition highlights banking infrastructure and advanced te...
- Festive carts to get heavier; Pixxel’s $100 million fresh fuelHappy Monday! Online festive shopping is set to hit a new high this year. This and more in today’s ETtech Morning Dispatch.
- No tax tangle, FPIs keen to move G-Sec money next dayForeign investors are advocating for expedited remittance processes after the Indian government introduced tax exemptions on bonds. They ar...
- US-Iran war: American military disables ad trackers on devices amid Middle East targeting reportsUS military branches have disabled advertising trackers on various devices. This action follows reports of location data targeting American...
- Thinking of guaranteeing a loan? Think again; here’s how your credit score could suffer if the borrower defaultsBecoming a loan guarantor creates significant financial and credit obligations for individuals. The guaranteed loan appears on your credit ...
- Sugar’s valuation slump; Slice takes a hitHappy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in ...
- Buffett asks shareholders to ignore his profit figure. Then explains how he could fake itThe rule is simple and almost nobody thinks about it. When a business sours, the accounts mark it down. When a business thrives, the accoun...
- Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
- ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidityICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...
- New trade rules raise compliance worries for banks over cross-border paymentsAs of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the valid...
- At 11, he was solving scientific mysteries. Built one of history's earliest calculators. But a gambling problem led him to crack the mathematics of chanceBlaise Pascal was a child mathematical prodigy who wrote about vibrating bodies at 11, developed a major geometry theorem by 16 and built t...
- Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha pollsThe Delhi Lakshmi Yojana's recurring deposit matures on July 31, 2029. Eligible women receive Rs 2,500 monthly, with Rs 1,500 in RD and Rs ...
- Citigroup, Axis Bank team up to leverage NRI deposits as RBI dollar inflows surgeCitigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allo...
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