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UBS TAKING OVER CREDIT SUISSE
Rs 5 lakh medical emergency led him into Rs 15 lakh debt: 3 warning signs of debt trap that get ignored, financial advisor explainsA financial advisor has shared the story of a Pune-based operations manager who saw his debt rise to over ₹15 lakh after taking a loan for ...- Ritabrata faction takes over TMC headquarters, escalates battle for party's political identityThe Metropolitan office has served as the party's operational headquarters since 2022, when the TMC shifted there after its original office...
- Manufacturing MSME credit growth slows to three-year low: ReportManufacturing MSMEs are experiencing the slowest credit growth in three years, raising concerns about lenders' strategies. Only 41% of regi...
- Business loans to entrepreneurs grew faster than those to commercial entities over three yearsWhile overall credit performance remains stable, unsecured business loans to entities and smaller ticket-size loans show emerging risk pock...
- AI bubble or boom? Why Warren Buffett called Big Short fame Michael Burry ‘Cassandra’Legendary investor Warren Buffett once dubbed Michael Burry, famous for predicting the 2008 housing crisis, as 'Cassandra' for his accurate...
- 'India's private credit market primed for sustained growth'India's private credit market is poised for significant expansion, projected to reach $50 billion by 2030, fueled by increasing corporate f...
- Moody’s report suggests India’s private credit market could double by FY30India's private credit market is set for robust expansion, projected to reach $50 billion by FY30. Driven by escalating corporate funding n...
- India's private credit market doubles to $25 billion AUM in five years: ReportIndia's private credit market is booming, nearly doubling to $25 billion in assets under management over five years, fueled by strong busin...
- In Graphics: India’s wealthy cement their seat on the high tableWhile the USA remains the primary millionaire factory, India outpaced many developed markets in growth. India’s wealth is rooted in real as...
- Losing airport lounge access on your credit card? Paisabazaar launches PB Pass for Indian, global lounge entryPaisabazaar has launched PB Pass, a new complimentary airport lounge access program for its credit card users, offering entry to over 1,800...
- Air Marshal Jasvir Singh Mann takes over as Southern Air Command ChiefAir Marshal Jasvir Singh Mann has taken charge as the new Commanding-in-Chief of Southern Air Command. A decorated officer with extensive e...
- S K Sinha takes over as Director (Finance) of GAILGAIL (India) has appointed S K Sinha as its new Director (Finance), stepping into the role after a distinguished career spanning over three...
- AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...
- ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
- Germany demands $450 billion cut to 'unaffordable' EU budget, document showsGermany is pushing for a massive €400 billion cut to the European Commission's proposed €2 trillion budget for 2028-2034, deeming it "unaff...
- Nearly 1 million new millionaires created worldwide in 2025, UBS report findsThe year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new ...
- Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...
- Ind review finds no merit in ex-HDFC Bank chief Atanu Chakraborty's claimsHDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's res...
- Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
- Foreign inflows in Asian bonds surge to three-month high in MayIn May, Asian bonds observed a significant surge in foreign investments, marking the highest inflows in three months. This trend was fueled...
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