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Biometric payments possible for e-commerce transactions on these cards in India: No OTP, just fingerprint or face ID

Federal Bank, in collaboration with fintech partners M2P and MinkasuPay, has introduced India’s first-ever biometric authentication solution for e-commerce card transactions, according to an official statement. With this solution, customers can now authenticate online purchases using just a touch or a look — their Fingerprint or Face ID. This solution not only enhances security but

Nestle India Q1FY26: Profit drops by 13.4%, Manish Tiwari to succeed Narayanan as CEO

FMCG major, Nestle India reported a 13.4 per cent fall in consolidated net profit for the June 2025 quarter at Rs 646.59 crore compared to Rs 746.6 crore in the same period last year. The drop was mainly due to higher commodity prices and increased operating costs, the company said in its regulatory filing. Here

Tough Thursday: Nifty slips to early July lows around 25,000, Sensex slips 540 points- 5 key highlights

Indian equity markets closed the session on a lower note. The Nifty 50 closed the session 150 points lower, below 25,100, and the Sensex ended the day 540 points or 0.66% points lower at 82,180. Analysts called the sell-off a profit booking.  The Nifty Bank settled almost 145 points lower at 57,066. In line with

AIS mismatch in ITR filing? Here’s how to fix it as per income tax dept guidelines

Over 1.62 crore taxpayers have so far filed their income tax returns (ITRs) this assessment year (AY2025-26). The Income Tax Department website shows that as many as 1.13 crore verified ITRs have been processed by the department. Comparing this year’s data with last year’s over 9 crore ITRs, it can be said that more than

Zee Q1FY26: Net profit up 22 per cent, ad revenue down

Zee Entertainment Enterprises reported a 22 per cent increase in consolidated net profit at Rs 143.7 crore in the first quarter ended June 30, 2025, on the back of improved network viewership, healthy performance of its digital segment and lower expenses. On Tuesday, July 22, the company had posted a consolidated net profit of Rs

Is UltraTech Cement a Buy after strong Q1? 3 reasons brokerages predict up to 15% upside

UltraTech Cement has reported strong quarterly numbers in Q1FY26. The brokerages have a positive stance on the stock following the results. Except for Nuvama, which raised the target price by 15%, brokerages maintained their rating on the stock. Here’s a detailed analysis of what brokerages said about UltraTech Cement. Nuvama on UltraTech Cement: Raised target

TDS refund on late ITR filing? Parliamentary Panel flags 32 key issues in new Income Tax Bill

A parliamentary committee examining the new Income Tax Bill gave some important suggestions on Monday. The committee has recommended to the Finance Ministry that people who file income tax returns after the deadline should also be allowed to claim TDS refund without paying a penalty. Also, anonymous donations received by trusts with both religious and

Zomato’s parent Eternal’s profit drops by 90 per cent in Q1, Deepinder Goyal guides to 20% growth in FY27

Eternal, the parent company of Zomato, has posted a 90 per cent YoY drop in its profit in the first quarter of fiscal year 2026. The company posted a profit of Rs 25 crore in Q1FY26, while its profit in Q1FY25 was Rs 253 crore. Further, Eternal’s total revenue from operations in Q1FY26 stood at

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Union Bank of India waives minimum balance charges for savings accounts from THIS date

Public sector bank Union Bank of India on Friday announced waiving penalty charges for not maintaining the minimum balance amount in general savings accounts. The direction is effective from the quarter ending September 2025. “In alignment with the spirit of financial inclusion and customer-centric banking, Union Bank of India now waives charges for non-maintenance of

Bajaj Finserv Q1FY26: 30% rise in net profit but emerging businesses report net loss- 5 key highlights

Bajaj Finserv on Thursday reported a 30 per cent year-on-year rise in consolidated net profit at Rs 2,789 crore for the first quarter of FY26, compared to Rs 2,138 crore in the same period last year. However, its lending arm Bajaj Finance has reported a decline in asset quality. Bajaj Finserv: Revenue rises 12.5 per

Freaky Friday! Nifty, Sensex end in the red for the week, market cap declines – 5 key highlights

Indian equity markets closed on a lower note for the second consecutive session. The Nifty 50 closed the session over 200 points lower, just saving 24,800, and the Sensex ended the day more than 700 points or 0.88% points lower at 81,460.  The Nifty Bank settled almost 530 points lower at 56,500. In line with

Biometric payments possible for e-commerce transactions on these cards in India: No OTP, just fingerprint or face ID

Federal Bank, in collaboration with fintech partners M2P and MinkasuPay, has introduced India’s first-ever biometric authentication solution for e-commerce card transactions, according to an official statement. With this solution, customers can now authenticate online purchases using just a touch or a look — their Fingerprint or Face ID. This solution not only enhances security but

Nestle India Q1FY26: Profit drops by 13.4%, Manish Tiwari to succeed Narayanan as CEO

FMCG major, Nestle India reported a 13.4 per cent fall in consolidated net profit for the June 2025 quarter at Rs 646.59 crore compared to Rs 746.6 crore in the same period last year. The drop was mainly due to higher commodity prices and increased operating costs, the company said in its regulatory filing. Here