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PhonePe, Google Pay duopoly weakens as market share slips below 80%IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fe...- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- $6 billion double dhamaka coming: Jio and NSE likely to file for India's biggest IPOs this weekReliance Jio and the National Stock Exchange are poised to file draft IPO papers this week, targeting a combined fundraising of approximate...
- Don't wait for FIIs: Nippon MF CIO Sailesh Raj Bhan on why market will rise before foreign money returnsIndian equities offer rare discounts for investors. Nippon India Mutual Fund's Equity CIO, Sailesh Raj Bhan, advises accumulating world-cla...
- Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
- FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...
- Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
- Yes Bank sees Indians tip-toeing back to depositsIndian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend cou...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
- Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
- Cost benefit in the long run: India needs right energy, at the right place and at the right timeCritics question the market viability of Small Modular Reactors (SMRs) due to high costs compared to renewable energy. However, a full syst...
- Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
- RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
- Microfinance NPAs may edge up in FY27 as write-off practices normalise: CareEdgeForecasts for FY27 suggest a modest rise in bad loans for microfinance institutions, a development stemming from the adjustments following ...
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
- Kotak Alts raises $1 billion through 14th real estate fundKotak Alts has successfully raised one billion dollars for its fourteenth real estate fund. The Abu Dhabi Investment Authority anchored the...
- ED searches against Vedanta Group in FEMA caseVedanta Group FEMA Case: The Enforcement Directorate is searching Vedanta Group properties in Delhi and Mumbai. This action is part of an i...
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