US President Donald Trump signed the recently passed stablecoin bill into law on Friday — vowing that the crypto industry was “going to be stronger and bigger and better than ever before”. Bitcoin set new records this week as public sentiment improves steadily after a tariff-induced selloff earlier this year. Anticipation about a sustained bull
A credit card is not just a plastic card these days, but a financial responsibility. When the credit card bill comes at the end of the month, many people just pay the “minimum due” and think their work is done. As easy as this option seems, it can prove to be equally dangerous if it
India has achieved 50% of its installed energy capacity from renewable sources. The achievement comes 5 years before the set target of 2030 under the Paris Agreement, says the Ministry of New and Renewable Energy. Pralhad Joshi, Union Minister for New and Renewable Energy, said in a post on X that India’s total installed energy
WeWork India, the co-working major, has received approval from the market regulator Securities and Exchange Board of India, to launch its Initial Public Offering (IPO). As per the DRHP filing by the company, the entire IPO of the real estate company consists of an offer for sale of equity shares. WeWork’s promoters, Embassy Buildcon and
Term insurance is a security cover that works to provide financial support to your family in your absence. It is taken with the expectation that if the family needs support in case of any untoward incident, the insurance company will pay the claim. But what if that claim gets rejected? There are many cases where
HDFC Bank has completed its first full financial year after merging with HDFC. With the integration phase now behind, the bank is focusing on growth and transformation. As per a report by CNBC-TV18, in FY25, the bank’s deposits grew 2.5 times faster than its loans. This helped bring down the credit-to-deposit ratio to 96 per
Benchmark indices ended Monday’s session in the red. The Sensex closed at 82,252.55, slipping 247.92 points or 0.30%, while the Nifty settled at 25,082.30, down by 67.55 points or 0.27%. The Nifty Bank ended at 56,765.35, a decline of 0.02%. “Markets started the week on a volatile note and extended their recent decline, ending nearly
With stricter validation checks and evolving tax return formats, a growing number of taxpayers across India are facing issues related to incorrect or incomplete Income Tax Return (ITR) filings. The consequence? A spike in ‘defective return’ notices under Section 139(9) of the Income Tax Act, leading to refund delays, penalties, and in some cases, returns
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 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
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
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
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
