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India holds 3rd rank globally in fintech startup funding with $889 million in Jan-June

India continues to be the third largest fintech startup ecosystem in the world, behind the US and the UK, a report said on Friday, adding that the sector raised a total of $889 million in the January-June period (H1 2025).

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Lenskart invests in XR startup Ajna Lens to expand smart glasses portfolio

Lenskart has strategically invested in Ajna Lens, a Mumbai-based deep-tech startup specializing in AI-powered extended reality (XR) glasses. This collaboration aims to advance smart eyewear development, building upon Lenskart’s recent launch of Phonic audio glasses. Lenskart intends to merge its…

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NITI Aayog recommends creation of chemical hubs, port clusters to boost manufacturing

The report called for the formation of an empowered committee at the Central level & the creation of a chemical fund with a budgetary outlay for shared infrastructure and viability gap funding.

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SEBI bars US firm Jane Street from Indian markets, directs it to deposit Rs 4,843 crore

The Securities and Exchange Board of India (SEBI) has barred US trading entity Jane Street and three of its related entities from accessing the market, directing them to deposit illegal gains of Rs 4,843.5 crore in an account in favour…

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Boeing’s new CFO Malave to receive $1.05 million as annual base salary

The planemaker said on Monday it appointed the former Lockheed Martin executive as its new CFO, effective August 15.

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Bira reappoints Vikram Qanungo as CFO amid leadership shake-up, financial strain

Bira 91 has reappointed Vikram Qanungo as Chief Financial Officer, replacing Meghna Agrawal. The move comes as the company faces liquidity challenges and delays in investor repayments. The CFO change is part of a wider leadership reshuffle aimed at stabilizing…

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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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