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S&P assigns Bank of India 'BBB' rating on capital, funding strength

S&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and healthy liquidity for the bank. The agency noted the likelihood of extraordinary government support if needed for the state-run bank.…

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Haryana govt, RBI review measures to tackle financial frauds

Haryana Chief Secretary Anurag Rastogi chaired a meeting with stakeholders to review the evolving nature of financial frauds, investor protection measures, emerging cyber threats and technology-based initiatives aimed at strengthening financial security in the state.

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PwC India partners with Claroty for cyber-physical security in manufacturing, healthcare

Under the agreement, PwC India will combine its cybersecurity advisory, execution, and risk transformation capabilities with Claroty’s specialised asset-visibility and threat-detection software platform.

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The big Gen Z market taking over how India spends, saves and strategises

India’s youngest generation now leads consumption spending with unique preferences. Gen Z’s influence is reshaping brand strategies and investment patterns significantly. This demographic is embracing early credit access and design-led purchases. Their spending power is projected to grow substantially in…

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Canada's retaliatory tariffs take effect as US trade talks stall

Canada’s retaliatory tariffs on United States goods took effect this week. These counter-tariffs cover twenty billion dollars of United States products. The escalating dispute creates uncertainty about the broader trade agreement. United States tariffs implemented last month impacted Canadian wine…

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Insurers seek greater flexibility in using equity derivatives for portfolio hedging

Indian insurers are seeking greater flexibility in using equity derivatives, including allowing exposure to be aggregated across multiple funds rather than applying limits separately. The move could help insurers hedge broader equity portfolios, but adoption remains limited. Irdai allowed insurers…

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  • No more currency conversion, gaming platform Roblox to launch wallet to pay creators — What we know

    Gaming platform Roblox is set to launch its own digital wallet to pay creators and facilitate easier and quicker payment, compared to the present requirement where virtual currency Robux is converted into dollars, which leads to long payment delays. 

  • Travelling abroad? Here's full list of foreign countries with UPI facility availability for Indian tourists

    Wider acceptance of UPI abroad benefits Indian tourists, students and business travelers by allowing use familiar mobile apps for payments instead of reliance on international debit or credit cards.

  • EPS higher pension: BJP MP writes to PM Modi over delays, Para 26(6) hurdles for retirees

    MP Ajeet Madhavrao seeks removal of administrative impediments caused by Para 26(6) of the EPF Scheme

  • EPFO: What is scheme certificate? Eligibility and requirement explained

    All provident fund members who have an account for over 10 years, are provided with pension benefit. You can withdraw PF in full and choose to maintain annuity in the pension scheme by submitting Form 10C and availing a Scheme Certificate.

  • FASTag OneTag launched: Change your bank without replacing the tag—here’s how it works

    Vehicle owners can initiate and complete the bank switching process through the National Highways Authority of India's (NHAI) official Rajmargyatra smartphone application

  • 8th pay commission: DA merger, fitment factor, allowances — Components in focus for salary hike, explained

    8th pay commission: From DA merger to fitment factor, and travel and house rent allowances (TA and HRA) — today we take a look at the various salary structure components in focus for a likely salary hike, explained.

  • ICICI Bank changes net banking URL: New .bank.in address, CAPTCHA feature - what customers need to know

    The migration to the new domain will not alter customers' existing banking credentials or account information

  • DA hike: Punjab govt announces 8% increase in dearness allowance for state employees, pensioners — What we know

    Punjab has announced an 8% increase in dearness allowance for eight lakh state government employees and pensioners. CM Mann said his government “understands responsibilities shouldered by its employees and the pressures they face in personal and professional lives”. 

  • Warren Buffett’s 5 investing lessons every investor should know

    Warren Buffett is stepping down as chairman of Berkshire Hathaway after over 50 years. At 96, he will remain a director while his son Howard takes over. 

  • SCSS account holder’s demise: Nominee, spouse or legal heir—who gets the money and how is the claim settled?

    What happens when a Senior Citizen Savings Scheme (SCSS) account holder dies before maturity? Know the rules for nominees, legal heirs and spouses, interest payable after death, account continuation and the documents required to settle an SCSS death claim.

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