Avishek Das | LightRocket | Getty Images Robinhood is redesigning some of its app features — most notably ditching its confetti animation —amid scrutiny over the popular stock trading company’s…
Finance
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Take a lo at some of the biggest movers in the premarket: Chewy (CHWY) – The pet products seller earned a surprise profit of 5 cents per , compared to…
- Finance
Goldman Sachs is close to offering bitcoin and other digital assets to its wealth management clients
A Goldman Sachs logo is seen displayed on a smartphone screen. Omar Marques | SOPA Images | LightRocket | Getty Images Goldman Sachs is close to offering its first investment…
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NEW DELHI: Eweiss Financial Services Ltd on Thursday will launch a secured non-convertible debenture (NCD) issue of up to Rs400 crore, offering an effective yield of up to 9.70%. The…
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You must have gotten an from your bank or mutual fund house or other financial institution about linking Aadhaar and Permanent account number (PAN) as today is the last…
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A iveroo cyclist in London, U.K. Dinendra Haria | SOPA Images | LightRocket | Getty Images LONDON — s of British food ivery start-up iveroo sank in its stock market…
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NEW DELHI: The income tax department has sent es to taxpayers on 29 March, related to mismatches between income tax returns (ITR) filed for FY2019-20 and high-value transaction. The department…
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About 20 per cent of the total, who are into garment-making overcame the shortfall in demand by adding new s of activities like making masks with the help of working…
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One of the most common modes of transport in India for daily ride is a two-wheeler. Since driving through the traffic congestion amid a hectic schedule can be a risky…
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“Even today, a disproportionate part of the PE and VC industry is foreign savings, while Indian savings are not getting enough channelised into these segments,” Kotak said. India needs to…
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NEW DELHI: During the prolonged lockdown last year, on transactions–UPI payments, card payments, mobile banking–helped life keep going. Thousands, if not millions, were to to digital payments for the first…
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IDBI Bank’s exit from PCA is a crucial step towards carrying out the government’s bank privatisation programme, as it is one of the lenders identified for sale. The Reserve Bank…
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The process involves a call for other bids as public sector banks want to avoid being accused of malfeasance in taking substantial haircuts and handing back a company to its…
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The pandemic, however, imparted some key lessons on the importance of following basic financial planning principles—create an emergency fund, get adequate health and life insurance, remain invested, irrespective of market…
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Imran Amin Siddiqui Imran Amin Siddiqui has assumed charge as executive director of Indian Bank with effect from March 10. Prior to being elevated as an executive director, he was…
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Did you know that there is a difference between an insurer cancelling a policy and choosing not to renew it? Cancellation means termination of the policy. It can be done…
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States like West Bengal, Assam, Odisha and Maharashtra were facing maximum re-payment stress, according to credit bureau CRIF High Mark. The early inquencies rate in microloans remained 6% higher than…
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I got married to a widower with an adopted girl, who is now 25 years old. The property is in the name of my husband, who’d told me that he…
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Manappuram’s weighted average LTV stands at Rs 2,963 per gram or 63% of the current gold price. The gold loan portfolio of Manappuram Finance is likely to de-grow in the…
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Equity as an asset class is an important portion of an investor’s portfolio. However, tax rules vary for different types of equity instruments. For example, capital gains tax is based…
- Finance
Payment System: Innovations like BNPL via POS have led to greater collaboration between fintechs, banks, NBFCs & payment networks
POS devices are fast evolving and coming to some exciting everyday uses, and helping merchants manage their store operations efficiently. By Nitish Asthana For India’s small and medium-sized businesses, cash…
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Paul Meeks is wary of the group that made him famous on Wall Street. The investor, known for running the world’s largest technology fund during the late 1990s, says it’s…
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There are four verticals in SBI’s MSME lending operations — SME Centre and relationship managers, supply chain finance, CGTMSE and cluster financing. State Bank of India (SBI) plans to revamp…
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U.S. stock futures were flat in overnight trading on Tuesday after the Dow Jones Industrial Average slipped from its record level amid fears about rising interest rates. Dow futures fell…
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The lender continues to face technical glitches, even as Reserve Bank of India’s (RBI’s) is conducting a special audit of banks’ IT infrastructure. HDFC Bank on Tuesday said that it…
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Parking money for the very short term (3-4 months) can be confusing. Each instrument where you can invest short term money has its advantages. One option is to keep it…