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Don’t aggressively push loans, keep interest rates reasonable: FM Nirmala Sitharaman to NBFCs

Nirmala Sitharaman urged NBFCs to avoid aggressive loan marketing. She emphasized fair recovery practices aligned with RBI guidelines. Sitharaman highlighted the importance of collaboration between NBFCs and banks. She wants NBFCs to focus on risk management and customer well-being. Sitharaman…

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Explained: American Viceroy does a Hindenburg on Anil Agarwal’s Vedanta. Here’s what you need to know

Viceroy Research has accused Anil Agarwal’s Vedanta Group of being a ‘Ponzi scheme,’ triggering a stock crash. The report alleges that Vedanta Resources, the parent company, is draining cash from Vedanta Limited through disproportionate dividends and debt, pushing the group…

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Trump slaps up to 30% tariffs on seven nations including Sri Lanka

President Trump has declared new tariffs on imports from seven nations, set to commence on August 1, 2025. Algeria, Iraq, and Libya will face a 30% tariff, while Brunei, Moldova, and the Philippines will encounter a 25% tariff. This action…

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Closed-door meet at Bombay House: Tata Sons chief Chandrasekaran makes a move Ratan Tata never did

In an unprecedented move, Tata Sons Chairman N Chandrasekaran briefed the Tata Trusts board on the conglomerate’s performance and future strategies, a departure from the tradition established during Ratan Tata’s tenure. The update included progress in key sectors like semiconductors,…

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Asian Paints exits Akzo Nobel India; sells 4.42 pc stake for Rs 734 crore

Asian Paints divested its entire 4.42% stake in Akzo Nobel India, the maker of Dulux paints, for ₹734 crore through an open market transaction. This sale occurred as Sajjan Jindal’s JSW Paints is set to acquire Akzo Nobel’s India unit.…

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Nvidia’s stock market value hits $4 trillion on AI dominance

Nvidia briefly achieved a $4 trillion market capitalization, driven by surging demand for artificial intelligence technologies, solidifying its position as a Wall Street favorite. The company’s stock has rebounded significantly from April lows, reflecting optimism in trade deals and the…

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  • Safe personal loan EMI on ₹30,000 salary: Simple budgeting tips explained

    Understanding borrowing fundamentals is vital for personal loans. Keeping EMIs at 20-25% of income ensures financial stability. High EMIs risk missed payments, which negatively impact credit scores. Seek professional advice for sustainable financial planning.

  • Can cancelling a credit card hurt your score? Here's how to minimise the impact on your credit history

    A strong credit score is necessary to show lenders that you are a reliable borrower, and first timers or young customers may wonder if closing your credit card could affect this number. Here's how you should manage card closures to protect your credit history…

  • I-T returns: Want to verify if your Income-Tax notice is authentic? Here's a stepwise guide for how to do so

    Filing income tax returns online has simplified the process, but it can confuse first-time taxpayers. Income Tax Notices inform taxpayers of issues like unreported income or discrepancies. Here's how you can verify a notice's authenticity.

  • 5 reasons strong savings rate matters more than market returns in building a secure and sustainable retirement plan

    A disciplined savings rate drives retirement planning by boosting compounding, reducing risk, and ensuring financial security, helping individuals build a stable, sustainable long-term wealth corpus.

  • Salary ₹50,000? Here’s how much PF corpus you can build in 20 years

    EPF corpus from a ₹50,000 salary can grow substantially over 20 years through disciplined contributions, employer support and compounding, potentially reaching ₹40–60 lakh with salary increments.

  • Section 80C: Here's how you can unlock up to ₹1.5 lakh tax deductions in Income-Tax return filings

    Section 80C provides taxpayers with deduction benefit up to ₹1.5 lakh for investment in certain government saving schemes during a given financial or assessment year. Here's how you can claim the tax benefit…

  • Lost or stolen credit card? Here are 6 steps to follow to avoid financial loss

    A lost or stolen credit card requires immediate action, including blocking the card, checking transactions, reporting to the bank, disputing fraud, securing accounts, and requesting a replacement to prevent financial loss.

  • DA hike: IBA announces Dearness Allowance increase in bank employee salaries for May, June, July 2026 — Details

    The government revised the Dearness Allowance (DA) for bank employees for May, June, and July 2026, impacting salaries for workmen and officer employees. Here's how this impacts monthly pay for bank staff…

  • How bureau and account aggregator data are redefining lending risk

    The evolution of lending practices towards precision underwriting emphasizes using both historical and real-time data for improved risk management.

  • 8th pay commission: State visits to Telangana, Ladakh and Jammu & Kashmir planned in May and June — Check latest updates

    8th central pay commission: The 8th CPC has planned state visits to Telangana, Ladakh and Jammu & Kashmir in May and June 2026. Here's a look at the latest updates as the panel calls for consultations.

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