Many banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders t ...More

Many banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategies. Experts advise optimising existing cards rather than cancelling them, diversifying across 2–3 cards, and using rewards strategically. Linking RuPay credit cards to UPI can boost benefits on everyday transactions. Ultimately, maximising value depends on understanding card features and aligning spending with reward structures. ...Less

SBI Card is revising reward point programs for PhonePe SBI Credit Cards, effective July 1, 2026. Both PUR ...More

SBI Card is revising reward point programs for PhonePe SBI Credit Cards, effective July 1, 2026. Both PURPLE and SELECT BLACK cardholders will face new monthly caps on reward points for PhonePe and online spends. Additionally, the SELECT BLACK card will exclude several transaction categories from earning rewards. ...Less

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Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional ...More

Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. Mastercard is focusing on new customer segments and underserved markets. They are also developing solutions for commercial payments. Mastercard aims to be part of all emerging payment technologies. ...Less

Finance Minister Nirmala Sitharaman will soon review key schemes like Jan Dhan, Mudra, and PM Vishwakarma ...More

Finance Minister Nirmala Sitharaman will soon review key schemes like Jan Dhan, Mudra, and PM Vishwakarma in West Bengal. She will meet with public sector banks and regional rural banks. The Special Assistance to States for Capital Investment scheme will also be assessed. This review aims to boost capital infrastructure, expand entrepreneurial opportunities, and generate employment in the state. ...Less

Bengaluru-based fintech WeRize has secured $7 million in a funding round led by Sony Innovation Fund. The ...More

Bengaluru-based fintech WeRize has secured $7 million in a funding round led by Sony Innovation Fund. The capital will bolster its AI and technology capabilities, expanding its product offerings to include mutual funds, bonds, credit cards, and housing loans. WeRize targets consumers in smaller cities, distributing financial products through local distributors via its AI-driven platform. ...Less

Robinhood is introducing AI agents for its customers. These agents will autonomously trade stocks and mak ...More

Robinhood is introducing AI agents for its customers. These agents will autonomously trade stocks and make purchases using a virtual credit card. Users can set spending limits and require manual approval for transactions. This move positions Robinhood at the forefront of integrating AI into financial services, with plans to expand the feature to other markets. ...Less

More than half of savers still earn under 3% interest, while many households lose around $200 yearly on u ...More

More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financial fixes can change that fast. Simple money-saving tips like checking your credit report, reducing credit card debt, boosting 401(k) savings, finding high-yield savings accounts, and lowering auto insurance costs can take less than an hour. Smart personal finance decisions today can improve financial security, increase savings, and strengthen long-term wealth without major lifestyle changes. ...Less

Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained st ...More

Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. "We are focused on growing the business and growing it with the right set of customers in a profitable way," said ICICI Bank Group chief financial officer Anindya Banerjee. "We have been seeing reasonably steady new customer acquisition and would hope to see better numbers in terms of growth." ...Less

Karur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering th ...More

Karur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offering loans against mutual funds. A renewed focus on microloans and increasing corporate lending are also key strategies. These initiatives aim to diversify revenue streams and boost overall expansion. ...Less

Rahul Gandhi has strongly criticized the central government following the alleged suicide of NEET aspiran ...More

Rahul Gandhi has strongly criticized the central government following the alleged suicide of NEET aspirant Akanksha Chaturvedi. Gandhi highlighted the farmer father's sacrifices and the NEET exam irregularities, stating Akanksha's death is a consequence of a "corrupt and broken system." He also questioned the inaction of Education Minister Dharmendra Pradhan. ...Less

As fuel prices continue to rise, many American families are feeling the financial crunch. With budgets ti ...More

As fuel prices continue to rise, many American families are feeling the financial crunch. With budgets tightening, people are cutting back on non-essential expenses and are on the lookout for free entertainment options. For numerous individuals, reducing driving simply isn't feasible due to job responsibilities and family needs. ...Less

During 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of co ...More

During 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of retail assets. Retail acquisitions increased Rs 54,727 cr year-on-year, while corporate acquisitions expanded Rs 1.5 lakh cr. ...Less

After a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the c ...More

After a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the next two years from 14% at present. It also plans to enter into the credit card business, and loans against mutual funds are on the cards, too, as is a renewed focus on microloans. ...Less

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discou ...More

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discounts, exclusive deals, and convenient EMI options that help travellers save more while enjoying seamless journeys. For example, BOBCARD users can get up to RS 8000 instant discount on domestic and international flights; claim up to 15% instant discount on flight and hotel bookings on MakeMyTrip. ...Less

The logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premiu ...More

The logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers would visit lounges regularly. Instead, many customers signed up purely for lounge access, often with a fee waiver and otherwise using the cards sparingly otherwise ...Less

CBSE has clarified its online portal for Class XII answer sheet verification and re-evaluation. Students ...More

CBSE has clarified its online portal for Class XII answer sheet verification and re-evaluation. Students can use various payment methods like UPI, net banking, credit, and debit cards. This comes after confusion arose regarding specific bank account requirements. The portal successfully handled a cyberattack attempt. Many applications for verification and re-evaluation have already been processed. ...Less

Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The ban ...More

Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth management and credit card services in the latter half of the current fiscal year. Development of cash management services for corporate clients is also underway. These initiatives aim to boost the bank's financial performance and non-interest income. ...Less

I would like to place for discussion not just the question of freedom to decide, but also responsibility ...More

I would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why don’t we provide a monthly allowance in cases where explicit incomes that enable agency are not present? Does it denigrate the ‘care’ and ‘love’ to rupee terms, which makes it uncomfortable? ...Less

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs mi ...More

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these stocks under pressure at periodic intervals. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Rahul Gandhi has strongly criticized Prime Minister Narendra Modi following the alleged suicide of a NEET ...More

Rahul Gandhi has strongly criticized Prime Minister Narendra Modi following the alleged suicide of a NEET aspirant. Gandhi stated that India's youth are suffering due to the Prime Minister's alleged damage to the education system over the last 12 years. The NEET-UG examination faced cancellation amid paper leak allegations. A re-examination is scheduled for June 21. ...Less

Tokyo's Shibuya Ward is now fining litterbugs ¥2,000 on the spot. Businesses must provide trash bins or f ...More

Tokyo's Shibuya Ward is now fining litterbugs ¥2,000 on the spot. Businesses must provide trash bins or face penalties. These measures aim to tackle increasing waste issues. Foreign visitors were found to be responsible for over half of littering cases. The ward seeks to maintain cleanliness as visitor numbers rise. ...Less

US inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran ...More

US inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Higher oil prices disrupted supply chains and lifted input costs, while consumer spending showed widening inequality, with lower-income households facing rising financial strain. ...Less

Students can now apply for verification of scanned answer books and re-evaluation of answers. The online ...More

Students can now apply for verification of scanned answer books and re-evaluation of answers. The online portal is open until June 6. This facility is for students who have already received their scanned answer sheets. Fees apply for verification and re-evaluation. Students must submit all requests in a single application. ...Less

The Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has question ...More

The Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regarding its promotional campaigns for the banned betting app. Investigators found Parimatch used Zepto's delivery flyers to reach households. This action is part of a larger probe into alleged money laundering by the betting platform. ...Less

Soaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and in ...More

Soaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to the head of the global airline body. Slow aircraft and engine deliveries are exacerbating these financial strains. Despite challenges, the low-cost model remains viable outside the U.S., and the industry is committed to its net-zero by 2050 target. ...Less

Indian travellers are set to spend more overseas following a tax reduction. However, managing travel budg ...More

Indian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many still exchange cash before trips. Hidden foreign exchange costs and unclear pricing are major concerns. Card reliability is more important than rewards. Southeast Asia remains the top travel destination. ...Less

President Trump announced an executive order to shut down and seize funds from bank accounts supporting i ...More

President Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welfare benefits for undocumented migrants. The measure aims to prevent financial institutions from facilitating human smuggling, drug trafficking, and cartel activities, reinforcing efforts against fraud and illegal immigration. ...Less

Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limita ...More

Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While cheaper than cards in select countries like UAE and Singapore, UPI acceptance is uneven, and backup payment options are essential. Users must be aware of transaction limits, potential failures, and fraud risks. ...Less

Borrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, ...More

Borrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised visits, despite RBI rules prohibiting such practices. Experts say many borrowers are unaware of their rights and grievance mechanisms. RBI guidelines allow complaints against harassment and provide borrower protections, while debt restructuring and one-time settlements can help resolve repayment difficulties and reduce financial stress. ...Less

Airline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trip ...More

Airline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trips. While dynamic pricing makes award travel more complex, strategic redemption and leveraging credit card sign-up bonuses can still offer significant savings for responsible cardholders. ...Less

RCB vs GT IPL 2026 Final: The Indian Premier League 2026 final is set for May 31. Royal Challengers Benga ...More

RCB vs GT IPL 2026 Final: The Indian Premier League 2026 final is set for May 31. Royal Challengers Bengaluru will compete against Gujarat Titans. The match takes place at Narendra Modi Stadium in Ahmedabad. The toss is at 7 PM, with play commencing at 7:30 PM. Tickets are available online. Live broadcast will be on Star Sports Network and JioHotstar. ...Less

New Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact ...More

New Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing households. While AI investment boosts growth, it's not offsetting cost pressures. Policymakers are increasingly concerned about inflation, with some advocating for interest rate hikes, a stance potentially at odds with presidential expectations. ...Less

Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Eme ...More

Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collections. Expect deals on apparel, footwear, accessories, and beauty. VIP access offers extra discounts. Hyper-speed delivery is available in select cities. Social commerce will drive discovery and styling inspiration. ...Less

These include portals for credit delivery to rural areas and machinery access for MSMEs, alongside a prog ...More

These include portals for credit delivery to rural areas and machinery access for MSMEs, alongside a program to modernize rural enterprises and credit cards for micro-enterprises. ...Less

The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage ...More

The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and persistent inflation reshape the U.S. housing market. Many buyers expected Federal Reserve rate cuts to bring relief. Instead, the average 30-year mortgage rate remains near 6.5%. The real story runs deeper. Treasury yields, investor caution, and growing federal debt continue driving borrowing costs higher. Yet smart moves matter. A stronger credit score, larger down payment, and lower-rate lender can significantly reduce your mortgage payment and long-term homeownership costs. ...Less

Chartered Accountant Nitin Kaushik has warned that many salaried professionals are losing control of thei ...More

Chartered Accountant Nitin Kaushik has warned that many salaried professionals are losing control of their finances because expenses move faster than income. In a recent post, he said urban workers often commit nearly 70% of their salary to EMIs, rent, and credit card payments within the first 10 days of the month. Kaushik added that treating investments as a leftover activity instead of a fixed priority is hurting long-term wealth creation. ...Less

The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify sca ...More

The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify scanned answer books and request re-evaluation. Nearly 40,000 students have already applied successfully. The portal is open from June 2 to June 6. Students can report issues like missing pages or incorrect evaluation. Fees apply for these services. ...Less

Indian students studying in Australia must secure Overseas Student Health Cover (OSHC) for visa complianc ...More

Indian students studying in Australia must secure Overseas Student Health Cover (OSHC) for visa compliance and medical needs. While not mandatory, travel insurance is recommended for protection against lost belongings, trip disruptions, and medical emergencies during transit. Both are vital for a smooth academic journey. ...Less

Central Bank of India is set to expand its services with new initiatives including launching credit cards ...More

Central Bank of India is set to expand its services with new initiatives including launching credit cards and a wealth management business. The bank will also open a branch in Gift City. These moves aim to drive business growth and strengthen its market position. The bank is focusing on capability building and enhancing digital platforms to attract and retain corporate clients. ...Less

India's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) ser ...More

India's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2022-23. The expanded index now includes 120 new item groups, capturing emerging segments and providing more granular data across sectors like manufacturing, mining, and electricity. ...Less

Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded th ...More

Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Debit card usage, however, decreased as consumers embraced digital payment methods like UPI and digital wallets. This shift highlights the rapid digitisation of India's payment ecosystem. ...Less

HDFC Bank has updated its Regalia Gold Credit Card lounge access policy, introducing a spend-based eligib ...More

HDFC Bank has updated its Regalia Gold Credit Card lounge access policy, introducing a spend-based eligibility for domestic airport lounges starting July 1, 2026. Cardholders must now spend at least Rs 60,000 in the preceding quarter to qualify for three complimentary visits. International lounge access via Priority Pass remains unchanged with six annual visits. ...Less

Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours ...More

Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all offensive operations. This suggests that the US is making an attempt to settle matters; but it might not be an easy thing to achieve. Coming to the market, the way the street has treated Q4 FY26 numbers shows that selling pressure can emerge for stocks that disappoint. And in all probability, there are more disappointments than positive surprises. ...Less

India's industrial tracking is getting a major upgrade. The new Index of Industrial Production will monit ...More

India's industrial tracking is getting a major upgrade. The new Index of Industrial Production will monitor 120 additional items, including advanced technology and healthcare products. Its base year is shifting to 2022-23, with a release planned for June 1. This revision expands coverage to new sectors like minor minerals and renewable energy. ...Less

"The decline in the level of revolvers has impacted profitability," ICICI Bank group CFO Anindya Banerjee ...More

"The decline in the level of revolvers has impacted profitability," ICICI Bank group CFO Anindya Banerjee said, adding that the business remained profitable and retained multiple levers-including cost management and rewards optimisation-to sustain returns. "It is a business one would continue to have a very strong focus on." ...Less

The government is ready for El Nino's impact on the upcoming kharif crop. Contingency plans are being mad ...More

The government is ready for El Nino's impact on the upcoming kharif crop. Contingency plans are being made for affected areas. ...Less

Growth in the core payments business, expansion across credit products and wider adoption of revenue-gene ...More

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like credit cards on UPI, helped payment companies strengthen their bottom lines. ...Less

The Wolf of Wall Street's iconic quote, 'I want you to deal with your problems by becoming rich,' deliver ...More

The Wolf of Wall Street's iconic quote, 'I want you to deal with your problems by becoming rich,' delivered by Leonardo DiCaprio's Jordan Belfort, highlights how financial struggles can fuel ambition. The film, based on Belfort's true story, explores themes of wealth, greed, and the consequences of unchecked ambition, offering a cautionary tale about the pursuit of financial success. ...Less

Given how the market has moved in the last five-six trading sessions, the probability is high that a new ...More

Given how the market has moved in the last five-six trading sessions, the probability is high that a new readjustment trade has started. This trade takes into account the second- and third-order impact of rising crude oil prices, as also a poor monsoon that could play spoilsport for the Indian economy. What does this mean for the banking sector? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

This week’s tally, however, was down 84% from the previous week when startups raised around $789.8 millio ...More

This week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 million round. ...Less

The Indian government is ready for El Nino's impact on the upcoming kharif crop. Contingency plans are be ...More

The Indian government is ready for El Nino's impact on the upcoming kharif crop. Contingency plans are being made for affected districts. The focus is on integrated farming and achieving self-reliance in pulses and oilseeds. Efforts are underway to ensure seed availability and explore alternative crops. This proactive approach aims to secure agricultural production despite potential weather challenges. ...Less

Customers are embracing generative AI at an unprecedented pace. This rapid adoption is outpacing traditio ...More

Customers are embracing generative AI at an unprecedented pace. This rapid adoption is outpacing traditional technologies, leaving banks with limited time to adapt. Consumers are already using AI for sophisticated financial tasks, even outperforming professional stock pickers. Banks must quickly evolve their products and services to meet this growing demand and trust in AI. ...Less

Manoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based ...More

Manoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through the AIR mechanism and other departmental databases, the Income-tax Department noticed substantial cash deposits in the taxpayer's bank account. ITAT Mumbai, however, ruled in the assesse’s favour, saying TDS cannot be denied even if ITR is not filed. ...Less

Mortgage interest rates today: Over recent days and weeks, U.S. Treasury investors have focused on the el ...More

Mortgage interest rates today: Over recent days and weeks, U.S. Treasury investors have focused on the elusiveness of a deal and long-term consequences of the war, lifting yields well above 4.5 per cent on the benchmark 10-year note. ...Less

India is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, r ...More

India is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. This revision will include new items and sectors, offering a more accurate picture of industrial output. The updated index aims to capture emerging industries and technological progress. ...Less

Many Indian professionals appear wealthy but face financial stress due to illiquid assets. Chartered Acco ...More

Many Indian professionals appear wealthy but face financial stress due to illiquid assets. Chartered Accountant Nitin Kaushik highlights this issue. Professionals often tie up funds in long-term investments like property and retirement funds. This leaves them unable to access cash for emergencies. They may resort to high-interest loans. True financial strength lies in accessible cash reserves and preparedness. ...Less

Indians’ spending on overseas travel fell to USD 1.09 billion in March from USD 1.3 billion in February, ...More

Indians’ spending on overseas travel fell to USD 1.09 billion in March from USD 1.3 billion in February, according to RBI data on outward remittances under the Liberalised Remittance Scheme (LRS). Holiday trips and international credit card settlements made up the largest chunk at USD 623 million, while education-related travel accounted for USD 450 million. ...Less

The travel industry has bifurcated, rewarding those who understand its complexities. Travelers are increa ...More

The travel industry has bifurcated, rewarding those who understand its complexities. Travelers are increasingly spending more, often financing trips precariously, as experiences become more volatile due to industry issues. Winning in travel now means optimizing for flexibility and value, rather than just loyalty. ...Less

In the initial phase of recovery, because every stock was beaten down, we may see a rally with good marke ...More

In the initial phase of recovery, because every stock was beaten down, we may see a rally with good market breadth. But, over time, stocks of companies that have delivered numbers or have some corporate development have a higher probability of inching higher as the market moves into stock-specific mode. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

It is always important to make a distinction between sentiment and real business. While sentiment can imp ...More

It is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it is business fundamentals that matter in the long term. And if they are turning structurally better, just ignore the noise on the street. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Sca ...More

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expand its product portfolio across its financial services and travel segments. With this new infusion the total funding raised by the startup has gone up to $135 million. ...Less

As the market grappled with confusion over the Strait of Hormuz, there was more trouble for the bulls. Af ...More

As the market grappled with confusion over the Strait of Hormuz, there was more trouble for the bulls. After a few days of respite, another round of focused selling was visible. But market history tells us that, just like good news is priced in, even negative news gets priced in. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

Rising U.S. Treasury yields and surging oil prices are creating economic risks for the White House, impac ...More

Rising U.S. Treasury yields and surging oil prices are creating economic risks for the White House, impacting inflation and consumer borrowing costs. Market anxiety intensified amid geopolitical tensions with Iran, complicating the Federal Reserve's inflation concerns and potentially affecting the November midterm elections. ...Less

CBSE refund update for Class 12 students: CBSE has announced refunds for Class 12 students who were charg ...More

CBSE refund update for Class 12 students: CBSE has announced refunds for Class 12 students who were charged extra while applying for scanned copies of answer sheets during the post-result process. The decision comes after students reported duplicate deductions, payment failures, and portal glitches on May 21 and May 22. Here’s who is eligible for refunds, how students can track payments, what proof they should keep ready, and when they should raise complaints if the money does not return. ...Less

From a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real c ...More

From a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walking away. ...Less

India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent i ...More

India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with flexible licensing. A shift towards graduated licenses and a principles-based approach is needed to foster new financial products and services. This will unlock India's potential in consumer finance and cross-border money movement. ...Less

Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, ...More

Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In the second case, you may end up buying stocks that are priced 5-10% higher compared to current levels. But the advantage is that your anxiety quotient will be much lower. And that is important, because decisions taken in anxious times can be terrible for the health of your portfolio. Also: As the market makes a serious attempt at a recovery, sticking to some important rules is a must. ...Less

List of settlements paying out in May 2026 USA: Americans have a limited window to claim millions from ma ...More

List of settlements paying out in May 2026 USA: Americans have a limited window to claim millions from major class action settlements. Deadlines between May 18-20 loom for payouts concerning data breaches, banking fees, and privacy violations. Discover Financial, Norton Healthcare, American Express, Westlake Financial, and the Los Angeles Times are involved, with potential claims up to $2,500. ...Less

BHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced th ...More

BHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases like groceries and dining. West Bengal showed strong growth, with peer-to-merchant payments dominating. The app's accessibility and new features are driving this increased adoption across India. ...Less

A workplace dispute escalated when an employee was allegedly caught accessing confidential employee files ...More

A workplace dispute escalated when an employee was allegedly caught accessing confidential employee files, raising concerns about privacy and potential identity theft. Despite previous accusations of theft and property damage, the coworker reportedly faced no significant consequences, leading to frustration among colleagues who fear their concerns are being ignored by management. ...Less

Banks will face increased scrutiny on non-citizen banking activities following a new executive order. The ...More

Banks will face increased scrutiny on non-citizen banking activities following a new executive order. The directive mandates flagging payroll tax evasion, shell companies, and unverified ITIN use, falling short of earlier proposals for citizenship data collection. Industry executives had warned such measures would be costly and risk debanking millions. ...Less

Digital banking in India is transforming. Apps now help users make financial decisions, not just transact ...More

Digital banking in India is transforming. Apps now help users make financial decisions, not just transactions. IDFC FIRST Bank's app integrates banking, investments, and loans. This simplifies managing money and builds confidence. Smartphones are becoming financial command centers. This evolution empowers individuals for long-term financial resilience. ...Less

Founders and senior industry executives told ET that the new draft guidelines released by the RBI on Apri ...More

Founders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the current format, could shut down multiple business opportunities for the payments industry, which is already grappling with revenue generation challenges. ...Less

With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file ...More

With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, incomplete AIS data, pending TDS filings, and delayed financial reporting may lead to mismatches, notices, and revised returns. Taxpayers should prioritise accurate reconciliation and complete reporting over speed in tax compliance. ...Less

A Michigan coffee shop employee alleged on Reddit that their employer is withholding credit card tips, cl ...More

A Michigan coffee shop employee alleged on Reddit that their employer is withholding credit card tips, claiming the business is using them to cover operational costs. The worker, earning $15 an hour, stated only cash tips are distributed, a practice confirmed by coworkers. This has sparked online debate, with many labeling it as illegal wage theft. ...Less

IDFC FIRST Bank's FIRST EARN and Hello Cashback credit cards offer straightforward cashback on daily tran ...More

IDFC FIRST Bank's FIRST EARN and Hello Cashback credit cards offer straightforward cashback on daily transactions, maximizing savings without altering spending habits. These cards provide an interest-free period and fee reversals on spending, enhancing value beyond just cashback with added protection benefits. ...Less

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Medical professionals can secure loans for practice expansion by understanding lender criteria. Key facto ...More

Medical professionals can secure loans for practice expansion by understanding lender criteria. Key factors include qualifications, credit score, age, practice stability, and income. Checking eligibility beforehand improves approval chances and saves time. Organizing financial records and reducing debt strengthen applications. Bajaj Finance offers doctor loans with high amounts, flexible tenures, and quick disbursal, supporting practice growth. ...Less

Frequent travelers can enhance their journeys with the right credit cards. Cards like Federal Bank Scapia ...More

Frequent travelers can enhance their journeys with the right credit cards. Cards like Federal Bank Scapia and Ixigo AU offer lounge access and rewards. Some provide zero forex markup on international spending. These cards aim to reduce expenses and improve travel experiences for regular flyers. Explore options for better travel. ...Less

If the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no ...More

If the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larger market trigger is oil, because crude influences inflation, currency, margins, fiscal comfort, and foreign investor appetite. In such a market, one-time favourites often return to the screen. But not every familiar name deserves fresh capital. These 25 stocks should be on the watchlists of both traders and investors. Some have upside potential, some do not. But all need to be judged through liquidity, institutional interest, sector triggers, and price confirmation. ...Less

IPL 2026 Playoffs tickets will be available from May 20. RuPay cardholders receive a 24-hour priority acc ...More

IPL 2026 Playoffs tickets will be available from May 20. RuPay cardholders receive a 24-hour priority access. Sales begin for Qualifier 1 and Eliminator on May 20. Qualifier 2 and the Final priority access starts May 22. Tickets can be bought on the official IPL website and District by Zomato. ...Less

Small monthly subscriptions for entertainment can quietly drain your finances. CA Nitin Kaushik highlight ...More

Small monthly subscriptions for entertainment can quietly drain your finances. CA Nitin Kaushik highlights how Rs 8,400 spent annually on OTT platforms could grow to over Rs 6 lakh in 20 years if invested. This highlights the importance of mindful spending. Focusing on cutting these unnoticed 'micro leaks' is key to building wealth over time. ...Less

Deleting UPI apps doesn't deactivate associated IDs, leaving financial and privacy risks. Old, forgotten ...More

Deleting UPI apps doesn't deactivate associated IDs, leaving financial and privacy risks. Old, forgotten UPI IDs linked to recycled mobile numbers can be exploited by fraudsters. Users must proactively unlink accounts, cancel mandates, and deactivate IDs to ensure digital financial hygiene. ...Less

A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Att ...More

A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits for AWS, Azure, and OpenAI at reduced prices, with some facing activation issues and restrictions. These messages are from founders, engineers and student builders. ...Less

As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Exe ...More

As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar Kesh explains how technology, AI, and data are reshaping lending, customer acquisition, and financial empowerment. ...Less

US stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average d ...More

US stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while the S&P 500 and Nasdaq slid deeper into negative territory as technology and AI-linked stocks faced heavy selling pressure. A perfect storm of soaring Treasury yields, oil above $100, and a violent unwind in semiconductor stocks sent Wall Street into its third straight day of losses. ...Less

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalani ...More

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtech Top 5. ...Less

Thousands of New York seniors may still qualify for Enhanced STAR property tax relief worth more than $1, ...More

Thousands of New York seniors may still qualify for Enhanced STAR property tax relief worth more than $1,000 despite missing earlier filing deadlines. Rising property taxes and inflation have pushed retirees into financial stress. Now, late-filing options and updated exemption rules are drawing fresh attention across New York. Many homeowners are discovering that one overlooked form or deadline mistake may not permanently erase valuable senior tax savings after all. ...Less

President Trump announced China's intent to purchase US oil and soybeans following his meeting with Xi Ji ...More

President Trump announced China's intent to purchase US oil and soybeans following his meeting with Xi Jinping. Discussions also covered Visa's market access, trade deals, and regional security, including Iran and Taiwan. Trump described Xi as a direct and business-focused leader. ...Less

A Reddit post about a tense tipping experience at a NYC diner has gone viral after a customer claimed a w ...More

A Reddit post about a tense tipping experience at a NYC diner has gone viral after a customer claimed a waitress mocked their water order, vanished during service, and pushed preset tip options during payment. The story has reignited online debate around restaurant etiquette, rude service, and growing frustration with digital tipping culture. ...Less

Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tok ...More

Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the most to borrow in a generation. The Iran war's energy shock is rewriting the rules of global finance — and the bill is only getting larger. The 10-year U.S. Treasury yield hit 4.621% while the 30-year breached 5.14%, levels unseen since 2007. UK gilt yields surged to century highs, and Japan's bonds hit all-time records. ...Less

An Ohio junior analyst says his former employer sent him a $3,000 “training repayment” bill after he quit ...More

An Ohio junior analyst says his former employer sent him a $3,000 “training repayment” bill after he quit for a better job, claiming a Zoom seminar teaching “basic Excel shortcuts” counted as specialized training. The viral Reddit post has sparked debate over controversial workplace clawback agreements and whether companies are using them as “exit fees for quitting.” ...Less

Apeksha Jain traded a Rs 2.5 lakh monthly salary for a life of travel and simple work. After years in cor ...More

Apeksha Jain traded a Rs 2.5 lakh monthly salary for a life of travel and simple work. After years in corporate roles, she found fulfillment serving chai and managing hostels. Her journey, marked by her mother's death, highlights a shift in defining success. Jain emphasizes careful financial planning before making such a leap. ...Less

The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check ...More

The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000 payout after the massive Comcast data breach. The cyberattack, linked to exposed customer records in October 2023, reportedly leaked usernames, passwords, Social Security details, birth dates, and private account recovery information. Now, consumers face a deeper reality about digital security and identity theft risks in America’s connected economy. Eligible Comcast customers can file settlement claims before the August 14 deadline, while final court approval is expected in July 2026. ...Less

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Bank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for t ...More

Bank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking finance companies are taking over this market. This trend is driven by the small loan amounts involved. Consumer durable loans represent a tiny fraction of total bank lending. This shift is expected to continue. ...Less

Sophisticated AI-powered fraud is escalating, with global digital asset fraud surging 30% in 2025. Binanc ...More

Sophisticated AI-powered fraud is escalating, with global digital asset fraud surging 30% in 2025. Binance is combating this by deploying predictive AI to block billions in fraudulent transactions and protect millions of users. The exchange also emphasizes user education to create a human firewall against evolving threats. ...Less

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure su ...More

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like PB Fintech, Mobikwik, and Paytm are pursuing multiple licenses across payments, lending, and wealth management. This strategic shift allows them to manage the entire customer lifecycle and capture greater revenue, driven by regulatory nudges and investor confidence in licensed operations. ...Less