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EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...- Tesla cash burn to test investor faith in AI betsCEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as s...
- Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual feeSamsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Vis...
- Iran war forces cash-strapped Asian nations to buy expensive LNGPakistan and Bangladesh face high LNG costs due to Middle East conflict. This situation strains government finances and prompts rethinking ...
- New team for counting Ram temple donation in two shifts under SBI supervisionThe Ram Temple trust has deployed a new cash counting team following a donation embezzlement row. A two-shift system under State Bank of In...
- They sing, they stomp, they dance. World Cup fans from Argentina, Spain spent cash at the finalFans traveled thousands of miles and spent thousands on tickets for the World Cup final. Lionel Messi's potential last game drove ticket pr...
- Largecap mutual funds hold lowest cash levels in 12 months. Should investors see it as a bullish signal or exercise caution?Largecap mutual funds' cash holdings fell to a one-year low of 2.2% in June, reflecting higher equity deployment and fund managers' confide...
- Trade, NBFC credit to remain fastest-growing lending segments: ReportTrade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...
- Name appearing in builder's records showing cash payment: Will you need to pay income tax for such property purchase? Here’s what ITAT saidCan the Income Tax Department tax you based only on papers found during a builder's search? A recent ITAT ruling explains when third-party ...
- Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
- Nagaland Police offers Rs 50,000 reward for clues on deadly IED blastNagaland Police has announced a Rs 50,000 reward for credible information leading to the identification or arrest of those behind the July ...
- Funds go on buying spree as cash holdings drop to five-year lowMutual fund managers reduced cash in equity portfolios to a five-year low. This move utilized recent stock declines in banking and IT secto...
- West Bengal: ED seizes Rs 40 lakh cash, 180 grams gold coins in searches at Harora Al-Jamiatul Islamia Darul UloomThe recovery is part of ED's massive search operation carried out at 13 premises across West Bengal, Delhi, Uttar Pradesh, Haryana and Maha...
- Dual engines to fuel bull market? Mutual fund cash hits multi-year low of 4% as FIIs turn buyers after 4 monthsDomestic mutual funds reduced cash holdings to a multi-year low of four percent. Foreign institutional investors have returned as buyers af...
- Mutual funds cut cash allocation by over Rs 4,500 crore in June to 19-month lowMutual funds cut cash holdings by over Rs 4,563 crore to Rs 1.83 lakh crore in June, marking a 19-month low, as fund houses increased equit...
- ETMarkets Management Talk | We want to grow 20% annually without taking on debt: Bansal Wire's Pranav BansalBansal Wire Industries is focusing on operational efficiency and cash generation for growth. The company targets twenty percent annual grow...
- Wage, fuel spike hit ATM cash services in four statesThe one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...
- The ATM story: Banks move to cash recyclers from just dispensersMore than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging ...
- Quote of the day by Henry Singleton: "Our accounting is set to maximize cash flow, not reported earnings. Smoothing reported earnings just has to take a backseat"Henry Singleton emphasized cash flow over reported earnings for business success. Sustainable businesses generate strong cash, not just acc...
- From cash receipts to property deals: 8 key income tax limits every taxpayer should know to avoid penaltiesNew rules under the Income Tax Act 2025 are set to curb tax evasion by limiting cash transactions. Individuals cannot receive over Rs 2 lak...
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