Business
Many borrowers in the country still misunderstand how credit scores work. This leads to doubts and myths that may silently influence their chances of seamless loan approvals. A commonly prevalent myth is that high income guarantees a positive credit score still, it is important to keep in mind that bureaus also consider credit mix, repayment…
Union Minister of Commerce and Industry Piyush Goyal with U.S. Secretary of Commerce Howard Lutnick during a meeting in the USA. File | Photo Credit: X/@piyushgoyal Commerce and Industry Minister Piyush Goyal on Friday (May 23, 2025) held his second meeting with U.S. Commerce Secretary Howard Lutnick in Washington to discuss the proposed bilateral trade…
BHOPAL: A video purportedly showing a police assistant sub-inspector (ASI) extorting a truck driver and abusing his senior in an inebriated state in Madhya Pradesh’s Satna district was widely circulated on social media. Taking note of the video and verifying it, senior officials suspended the cop and ordered a probe.The cop, Ganesh Rawat, is an…
New Delhi: Global capital can no longer overlook India’s structural economic advantages, as the nation is poised to significantly outpace G7 economies in growth, according to a report released on Monday by wealth management firm Equirus. The report identifies strong macro fundamentals, policy-led capital expenditure, a resurgence in rural consumption, and structural manufacturing shifts as…
Screenshots from viral social media video A foreign tourist in India has gone viral after showcasing his sharp bargaining skills in a street market.The video was originally shared on Instagram by the account @nativety, and shows the tourist negotiating the price of a silk tote bag from Rs 550 down to just Rs 50.In the…
Aditya Birla Lifestyle Brands share price fell over 4 per cent on Monday, June 23 after listing on both NSE and BSE. The stock touched an intraday low to ₹159.15 amid stock market crash due to ongoing Israel-Iran war. Aditya Birla Lifestyle Brands listing details Shares of Aditya Birla Lifestyle Brands Limited (ABLBL) were listed…
A recent Income Tax Appellate Tribunal (ITAT) ruling declared Mahadevan a tax resident of India for financial years 2012-13, 2013-14, and 2018-19, thereby making his global income taxable in India—despite his claim of being a non-resident. Mahadevan, who operates restaurants and bakeries both in India and abroad, declared himself a non-resident in his income tax…
Personal loans have now moved beyond covering urgent needs and aspirations of borrowers. They are now increasingly used for emotional and discretionary purchases, financing holidays, gadgets or celebratory events such as anniversaries, birthdays among other life events. This trend underlines a clear shift in how credit interplays with instant gratification and emotion based spending. Elucidating…
Image used for representative purpose only. | Photo Credit: REUTERS India is opening up a chunk of its protected government procurement market to foreign firms, including the U.S., two government sources said, in a shift that could extend to other trading partners after it was offered to the U.K. under a trade deal this month….
NEW DELHI: The last Indian warship to be built abroad, a 3,900-tonne multi-role stealth frigate packed with sensors and weapons like the BrahMos supersonic cruise missiles, will be commissioned as INS Tamal in Russia on July 1.The Navy currently has 59 warships and vessels under construction in Indian shipyards at an overall cost of around…
New Delhi: Oil prices rose to their highest level since January this year on Monday after the US strikes on nuclear facilities in Iran, with the country threatening to shut Strait of Hormuz, through which around 20 per cent of global crude supply flows. Brent crude futures was up $1.92 or 2.49 per cent at…
CM Yogi holds Janta Darbar LUCKNOW: Uttar Pradesh Chief Minister Adiyanath Yogi organised a ‘Janta Darshan’ in Lucknow on Monday. At the Janta Darshan, a young girl named Vashi requested the CM to help get her enrolled in school. The CM interacted with her, asking which school she wanted to go to and which class…
IT stocks: Shares of IT companies like Tata Consultancy Services (TCS), Infosys, HCL Tech and Wipro fell as much as 3 per cent on Monday following Accenture’s financial results. Infosys fell over 2.43 per cent, becoming the biggest laggard on Nifty IT index. Meanwhile, TCS, Wipro and HCL Tech slipped below 2 per cent on…
Many credit card users across the country have reported that they continuously receive emails regarding credit balance refunds long after their credit card accounts have been officially closed. These mails and messages can cause confusion, doubts and speculations especially when credit card users are unsure about the final status of their outstanding balances or their…
Q. I have been an NRI for the past 24 years. I have some NRE and FCNR deposits which will mature after 1-April-2026. If I come back to India in July 2025 for good, my residential status for AY-2026-2027 will be Resident but Not Ordinary Resident (RNOR). Do I have to liquidate all my NRE…
The One Big Beautiful Bill Act was passed by the U.S. House of Representatives on May 22, 2025. | Photo Credit: Getty Images/iStock New Delhi The U.S. government has decided to cut the tax it plans to levy on outward remittances sent to other countries, including India, from the earlier planned 5% to 3.5%. This…
