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CREDIT COST REDUCTION
CreditAccess Grameen Q2 profit jumps fourfold to Rs 502 croreCreditAccess Grameen reported a fourfold rise in Q2 net profit to Rs 502 crore, driven by higher income, lower expenses and credit costs. I...- HealthRail: Turning India's hospital receivables into growth capitalIn a strategic move to streamline hospital cash flow, HealthRail is offering expedited access to accrued revenues. This initiative specific...
- Home loan getting costlier? How a higher credit score can save you lakhs even when interest rates riseIn today’s competitive lending environment, many homeowners are successfully reducing their mortgage rates thanks to improved credit scores...
- NBFC stocks in focus: Rising funding costs threaten margins despite robust loan growth and asset qualityThe non-banking financial companies (NBFC) sector is set to enjoy robust earnings, thanks to strong credit demand and consistent asset qual...
- Banks also count cost of insurance payout curbsCentral Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a ₹145-crore hit to ...
- Paytm shares get new Buy rating after Nomura initiates coverage. 3 reasons behind bullish callNomura has initiated coverage on Paytm with a Buy rating and a target price of Rs 2,250, implying an upside of 31%. The brokerage expects E...
- Commuting to work? A $340-a-month pre-tax benefit could reduce your 2026 taxes, and your employer may already offer it to you right nowGetting to work just got a little cheaper. The IRS raised the monthly pre-tax transit cap to $340 for 2026. That lets workers set aside $4,...
- GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
- Salons double festive makeover prices as Navratri demand surges, costs riseSalons and services apps have increased their prices significantly due to a surge in demand for festive services. The rise in costs is attr...
- Go slow on rate hikes: Make capital accessible and affordable to drive investment and job creationIndia is witnessing a notable increase in active companies, driven by the easing of regulations and lower capital costs. The government's f...
- IIT-Bombay study bats to cut MDR to 0.08 pc from 0.4 pc, exclude banks from taking bulk shareA report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...
- Cheaper to run, but costlier to buy? New CAFE III rules kick in from April 2027; here's how your next car could be affectedIndia’s CAFE III fuel-efficiency norms will take effect from April 1, 2027, tightening fleet-average targets for automakers until March 203...
- This $2,000 IRS tax credit can help pay for college in 2026, but there's an income catchTaxpayers pursuing education may benefit from the Lifetime Learning Credit for eligible expenses incurred. This credit covers 20% of up to ...
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...
- GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...
- RBI raises repo rate to 5.5% in first hike under Governor Sanjay Malhotra, shifts stance to ‘calibrated tightening’The RBI raised its benchmark repo rate by 25 basis points to 5.5%, its first hike since February 2023, and shifted its policy stance to ‘ca...
- Tata Motors PV, Maruti Suzuki, Ashok Leyland, auto stocks drop up to 3% as RBI signals rate cuts are ‘off the table’Auto stocks including Tata Motors PV, Maruti Suzuki, M&M and Ashok Leyland dropped on Wednesday after the RBI raised the repo rate and shif...
- GST Council to focus on auto refunds, swifter ITC, fewer noticesThe government is preparing to transition the GST regime toward a trust-based tax administration. This shift includes introducing sweeping ...
- Mortgage rates today climb again: What the 7.542% 30-year mortgage rate means for homebuyers, refinancing and home equityThe average 30-year fixed mortgage rate has climbed to 7.542%, up from 7.373% a week earlier. That increase adds to the cost of buying a ho...
- Employers may soon be able to claim ITC on GST paid for employee insurance coverThe GST Council is gearing up to consider a proposal regarding input tax credit for employee insurance premiums. Currently, businesses cann...
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