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Aviva’s India officials approved brokerage model queried by taxmen

Indian tax officials are investigating Aviva for a scheme that allegedly paid illegal commissions to agents from 2017 to 2023, using fake invoices to bypass regulatory caps. A confidential company document reveals that the scheme, known as the “Agent Mentor…

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Food inflation easing could be a temporary relief; inflation remains key risk for any economy: Devendra Pant

India’s food inflation is easing. However, increasing oil and fat prices may cause future problems. The RBI may not cut rates in February. The decision depends on new data. This includes the Union Budget and the global economic situation. Demand…

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India’s MSMEs offer huge opportunities, need to further leverage this sector: Oliver Prill, Tide

Oliver Prill, CEO of Tide, emphasises the importance of leveraging the MSME sector, which is crucial for driving India’s economic growth.

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Food inflation in richer states cooling down faster

The State Bank of India reports that food inflation has fallen more sharply in wealthier Indian states than in poorer ones over the last decade. Labor migration to wealthier regions is cited as a contributing factor, impacting regional inflation rates…

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Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy

Speaking at CII’s Global Economic Policy Forum, Ministry of Electronics and IT secretary S Krishnan said the government has broadly addressed key regulations barring a couple of the issues like copyright and existential crisis.

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Hello India! China handset companies like OnePlus, Xiaomi, Vivo and Oppo rebuild network

While executives at these companies feel the worst is over, they’re moving cautiously after facing intense scrutiny in India since 2020 over charges of money laundering and tax evasion, curbs on new investments, seizure of assets and, in one case,…

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News

  • PNB cuts repo-linked lending rates by 25 bps after RBI MPC announcement — Will your home loan EMI go down? Explained

    Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.

  • Why finance keeps confusing investors: The everyday words that mislead us

    From “expensive” stocks to “liquid” funds and “corrections,” everyday language in finance often means something entirely different — and it’s tripping up even sensible investors.

  • Top 7 benefits of using a personal loan app for quick funding

    Personal loan apps make borrowing smoother and quicker than traditional loan options. Since the entire process can be completed on a mobile phone, you can stay in complete control.

  • 'Finfluencer' in fix: Why did Sebi impound ₹546 crore ‘earned’ by stock market trainer Avadhut Sathe?

    Capital markets regulator Sebi passed an order impounding over ₹546 crore in the accounts of unregistered investment advisor Avadhut Sathe and his trading academy.

  • Your credit score to get updated every week as RBI amends directions: All you need to know

    Until August 2024, credit institutions used to update credit information monthly. On 8 August 2024, the RBI instructed CIs to carry out credit information reporting every fortnight. This is now being revised to every week.

  • 6 key factors senior citizens should consider when choosing a credit card

    Senior citizens can choose the best credit card by considering factors such as low fees, competitive interest rates, rewards, fraud protection, mobile support, and flexible EMI options.

  • RBI rate cut: Will lower lending rates follow? Banks now charge these interest rates on home loans

    Interest rates on home loans, when linked to EBLR and MCLR, are adjusted based on the change in the RBI's repo rate.

  • Personal loans can help you rebuild your life after financial setbacks: Here are 5 tips to use them smartly

    Personal loans can support recovery after financial setbacks by offering quick, flexible credit, manageable EMIs and structured borrowing guidance while highlighting key risks and the importance of disciplined repayment.

  • How to get personal loans without salary slips using alternative income proofs and a strong credit profile

    Self-employed or informal income? Learn how to secure a personal loan by leveraging alternative income documents (ITR, GST, bank statements) and maintaining an excellent credit score above 750.

  • RBI’s policy review delivers Goldilocks economics—and lower loan rates

    RBI’s MPC delivers an unexpected unanimous 25 bps rate cut as inflation plunges to 0.25% and growth projections rise. Liquidity infusion of ₹1.5 lakh crore aims to speed up rate transmission.

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