RBI repo rate hike: How home loan borrowers can reduce EMI and interest burdenExtending the tenure instead of raising EMIs will push up the interest outgo on your home loan.
12 Oct, 2026, 01.04 PM IST
SBI refused to close higher fee credit card given to woman who asked for cheaper one; charged Rs 2,999 instead of Rs 499; SBI Card ordered to pay Rs 50,000A Delhi consumer commission has ordered SBI Card to pay Rs 50,000 to a cardholder who asked for a cheaper credit card and was refused. The ...
12 Oct, 2026, 08.15 AM IST
Need to look at cost of doing business to boost manufacturing; cut statutory liquidity ratio: Amitabh KantAmitabh Kant has advocated for reducing the statutory liquidity ratio to promote job-intensive manufacturing in India. He emphasized that c...
11 Oct, 2026, 05.19 PM IST
GST rejig: Credit relief, export push and simpler rules make Diwali come early for industry, says EY’s Bipin SapraEY partner Bipin Sapra said the GST Council’s latest reforms address input tax credit blockages, expand refunds, support exporters and stre...
10 Oct, 2026, 03.56 PM IST
GST overhaul: Export status for contract manufacturing to boost supply-chain shifts to IndiaGST reforms treating contract manufacturing for foreign principals as exports could boost India’s appeal as companies relocate parts of the...
10 Oct, 2026, 03.54 PM IST
A paid Rs 1,64,900 upfront for iPhone 18 Pro, B chose credit card EMI, C picked no-cost EMI in festive sales – Who saved most after discounts?The biggest misconception about no-cost EMI is that the bank doesn't charge any interest. In a no-cost EMI, the seller readjusts the intere...
10 Oct, 2026, 10.10 AM IST
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 ...
09 Oct, 2026, 08.39 PM IST
US 10-year Treasury yield could hit 6% as oil prices, debt worries mount: Pimco CIOThe 10-year US Treasury yield could reach 6% for the first time since 2000, according to Pimco’s Dan Ivascyn. Rising oil prices, inflation ...
09 Oct, 2026, 02.07 PM IST
Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
09 Oct, 2026, 11.21 AM IST
Crude oil, uneven monsoon pose risk to banks despite benign asset quality: ReportHigher crude oil prices and drought conditions in five states may impact Indian banks' asset quality outlook. This follows a stable credit ...
09 Oct, 2026, 11.06 AM IST
US bank earnings in focus as Treasury yields surge, raising concerns over lending and dealmakingUS bank stocks face a critical earnings test as investors assess whether rising Treasury yields, higher deposit costs and slower dealmaking...
09 Oct, 2026, 09.48 AM IST
Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: ReportAccording to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign curre...
09 Oct, 2026, 09.32 AM IST
Higher borrowing costs could increase financial burden on exporters: FIEOIn a recent statement, FIEO has voiced serious concerns about the repercussions of increasing borrowing costs for exporters amid economic u...
08 Oct, 2026, 07.55 AM IST
S&P projects 12-14% credit growth this fiscal, warns weak monsoon may hit rural lendingS&P Global forecasts a 12-14% increase in financial sector lending despite potential slowdowns in rural areas. Concerns about weak monsoon ...
07 Oct, 2026, 12.29 AM IST
S&P sees 12-14% credit growth in India despite rural stress risksS&P has projected credit growth of 12-14% in India's financial sector, emphasizing concerns about rural credit growth. The potential impact...
06 Oct, 2026, 08.26 PM IST
Indian banks face a Q2 paradox: FCNR boosts loan growth but margins shrinkIndian banks are heading into the Q2 earnings season with strong loan growth, helped by FCNR(B) deposit inflows, but margins are likely to ...
06 Oct, 2026, 01.58 PM IST
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...
04 Oct, 2026, 07.44 PM IST