Delhi techie couple donates Rs 50 to political party, claims Rs 40 lakh ITR deduction, evades Rs 5.3 crore income tax, faces IT probeA Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a political party. An Income Tax Depa...
Black Friday 2026: Could buy now, pay later offers leave shoppers facing a bigger financial headache after the holidays?Black Friday shopping can lead to manageable but potentially harmful financial consequences for consumers, particularly with buy now, pay l...
Muthoot Finance Q2 cons profit jumps 36% YoY to Rs 3,278 croreMuthoot Finance reported a 36% year-on-year rise in consolidated net profit to Rs 3,278 crore in Q2, while assets under management grew 42%...
Bank lending rises as corporate bond fundraising falls amid higher yields: Finance MinistryBank lending witnessed a significant surge during April-August FY27, contributing to financial resources for businesses. Non-food bank cred...
Private equity companies add AI-disruption clauses to buyout loan agreementsPrivate equity firms are adding AI disruption clauses to buyout loan agreements, allowing companies to delay default consequences if artifi...
Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage playBy the close of September, loans against fixed deposits experienced a striking 53% year-on-year spike, reaching Rs 2.17 lakh crore. The dem...
Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash wentA company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is le...
PSU banks cut fresh deposit rates more sharply than private lenders in September: RBI dataIn September, public sector banks cut their interest rates on fresh term deposits by 10 basis points. Private sector banks only reduced the...
A mother borrowed $28,000 to help her son become a photographer in California. Ten years later, they're both still paying for a college that no longer existsChristine Gaussoin hoped her son Kendrick would succeed in photography after attending Brooks Institute. However, the college closed ten ye...
UK Budget: What is the ‘Your First Home’ scheme announced by Chancellor John Healey? Check eligibility, property price limits, and other detailsUK Chancellor John Healey announced a new scheme named Your First Home to support first-time homebuyers. This initiative allows eligible bu...
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improvesBandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interes...
Cabinet approves Rs 10,000 crore container manufacturing schemeThe Union Cabinet has recently approved a significant scheme to boost container manufacturing in India. This Rs 10,000 crore initiative aim...
Cholamandalam Investment Q2 Results: Profit surges 41% to Rs 1,630 crore; co plans to raise Rs 5,00O crore via QIPCholamandalam Investment and Finance Company has reported an impressive 41 percent surge in net profit for the second quarter, marking Rs 1...
Tata Capital Q2 Results: Profit jumps 51% to Rs 1,660 crore; NII up 23%Tata Capital’s September-quarter net profit surged 51% year-on-year to Rs 1,660 crore, driven by loan growth, higher interest income and lo...
Trump administration student debt collection: Five ways borrowers can protect their paychecks from federal garnishmentMillions of Americans struggling with student loan debt may soon face renewed collection efforts from federal agencies. The Education Depar...
AU Small Finance Bank shares tumble 10% after Q2 results, but Jefferies and Motilal see up to 37% upsideAU Small Finance Bank shares fell up to 10% despite a 53% year-on-year rise in Q2 net profit. Jefferies and Motilal Oswal retained Buy rati...
India's emerging sectors to drive capex, credit demand towards storage, semiconductors: ReportFinancing demand in India's emerging sectors is expected to shift towards battery storage, semiconductor packaging, green hydrogen projects...