Women leaders prefer PE, VC funding despite knowledge gap: Barclays study
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Indian HNW women are increasingly eyeing private equity and venture capital, but limited knowledge, lack of trusted advice and time constraints remain key barriers to alternative investing
Vehicle loans soar, but half the borrowers have ₹60 lakh+ debt exposure
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Rising multiple-loan exposure, faster growth in used-car financing and pockets of higher delinquency point to a changing risk profile in India's vehicle-credit market.
Rupee rises 17 paise to 95.56 against US dollar during early trade
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The rupee appreciated 17 paise to 95.56 against the American currency in early trade on Thursday tracking a weak US dollar, after the US Treasury announced that it would double its buyback operations for longer-dated Treasury bonds.
Forex traders said the do
Sending money abroad? Why your transaction could draw tax scrutiny
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The Income Tax Department is verifying 394 entities over suspicious overseas remittances, with mismatches in income, turnover and payment purpose raising red flags
Aadhaar biometric lock explained: How it prevents biometric fraud
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UIDAI's biometric lock feature lets users block fingerprint and iris authentication, adding an extra safety layer against Aadhaar-linked fraud and misuse
India bond yields drop on FTSE Russell index inclusion, RBI stance shift
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Global index provider FTSE Russell said it will include India's sovereign bonds in the Emerging Markets Government Bond Index from September 2025, potentially drawing billions of dollars into bonds
PMAY 2.0: Can government withdraw your loan subsidy if lapses are found?
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Before taking advantage of a credit subsidy, it is important to check with your bank or lending institution regarding the conditions under which the subsidy may be revoked or reclaimed by the governme
Lenders not allowed to levy foreclosure charges on MSEs, says RBI
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Analysts said that the implementation of the norms will negatively impact the income of these lenders while increasing pre-payment of loans and balance transfers
Over 3.5 mn I-T audit reports filed on e-filing portal up to Oct 7: FinMin
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The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for assessment year 2024-25 on the e-filing portal till October 7.
The income tax department had extended the dat
With new enhancements and existing exclusive features, the Platinum Card now provides a cumulative value of over Rs 450,000 annually including an incremental value of over Rs 1,40,000.
Looking for alternatives to invest in gold? Groww MF floats new ETF
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The Groww Gold ETF aims to mirror the local price of physical gold, providing investors with the opportunity to invest in gold bullion with a purity of 99.5%
Deal-making in India hits new high: M&A and PE lead the way, telecom tops
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Mergers and acquisitions (M&A) contributed significantly to the surge, with a 57% increase in volume and 65% in value compared to the previous quarter.
Over 10 mn women registered under Subhadra Yojana: Odisha dy CM Parida
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Odisha Deputy Chief Minister Pravati Parida on Tuesday said more than one crore women have registered themselves under the Subhadra Yojana, a financial assistance scheme launched by the BJP government in the state.
Prime Minister Narendra Modi had inaugurate
Physical, digital financial services to co-exist in India: SBI chairman
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On the emergence of the co-lending model in India, he said it is an essential mechanism which was initially meant for establishing connections with the last mile
Rates on hold but RBI MPC gets battle ready for economy as Omicron looms
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Committee meeting kept policy stance accommodative as Jayanth Varma opposed, but the central bank later worked on raising money market rates through VRRR.
'Need to remain vigilant to incipient cost-push pressures to inflation as well as to uncertainty imparted by Omicron. Its implication for inflation, going forward, are two-fold,' says Shaktikanta Das
MPC minutes: Monetary policy set to get more challenging globally, says Das
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While the Indian economy is on its way to achieve the projected growth of 9.5% in 2021-22, there are still significant areas of concern, says RBI Governor
Rupee gains 11 paise to 75.48 against US dollar in early trade
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The rupee appreciated 11 paise to 75.48 against the US dollar in opening trade on Wednesday, tracking a positive trend in domestic equities.
However, rising crude prices in the international market and continued foreign fund outflows restricted the local uni
Indian Rupee jumps 31 paise to end at 75.59 against US dollar
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At the interbank forex market, the domestic unit opened strong at 75.74 against the greenback and witnessed an intra-day high of 75.41 and a low of 75.74 during the day's trade