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You'll always have mummy-papa bankAfter spending 46 years as a sadhu, an Indian man returned to his hometown, humbly requesting alms from his aging mother. This poignant mom...- India's growth story is real, but 6.5% won't make us Viksit Bharat, warns Garima Kapoor, Elara SecuritiesIndia's current 6.5% growth is comfortable but insufficient for its 2047 aspirations, requiring 7.5-8% growth. A lack of corporate investme...
- Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...
- Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- Financial independence: Why enabling agency and accountability matter for women, parents, and dependantsI would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why don’t we p...
- SC ruling seen shaping Sebi’s fraud-finding frameIn a ruling, the apex court had said that investor injury alone can establish fraud, although the loss isn’t quantifiable
- ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
- Psychology says people who fall silent in group conversations aren't withdrawn or disengaged; they're processing at a depth most rooms don't recognize, and their silence is often the deepest form of attentionMany people are wrongly labelled as disengaged or not team players simply because they are quiet. Neuroscience reveals that these individua...
- Missed your education loan EMI? Here's what your bank can legally do next; check your rights as a borrower
- Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
- Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
- Sebi panel weighs cap on clearing house dividendsRegulators are considering new rules for stock exchanges. A plan to limit dividends from clearing houses is gaining traction. Other proposa...
- Promptly save a fortune: Tips and tricks that will help propel you aheadSave money on AI tools with smart LLM token management. Parminder Singh, CEO of Reliance Enterprise Intelligence, shares six practical tips...
- RBI reviews expected credit loss rules amid concerns over impact on SME credit costsThe Reserve Bank of India is taking a closer look at its credit loss regulations, which may result in higher borrowing costs for small and ...
- Street vendors earn more, go digital under PM-SVANidhiThe PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...
- Rafael Jodar denies pushing ball girl at French Open; last year, he was defaulted after smacking a ball in angerTennis player Rafa Jodar faces scrutiny after a French Open match. Video appeared to show him near a ball girl who lost her balance. Jodar ...
- The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
- IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
- Delinquency vs default: Know the difference and how they affect your credit score and borrowing abilityIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
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