Banking And Finance
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at risk
Kolkata: Nearly ₹15,800 crore of microfinance advances, amounting to about 5% of the total sectoral portfolio, are still held by who took loans from more than three lenders, data from…
Children Educational Allowance, Section 80C tuition fee deduction—See how you can claim tax benefit of up to ₹4.38 lakh
The Income-tax Act (ITA) provides tax exemption for Children Education Allowance provided to salaried individuals by the employer to covers tuition fees for up to two children in a given…
Health fund and health insurance: What’s the difference, why you may need both and how to save…
Planning smartly for the future and for unexpected situations is essential. Notably, when saving for your healthcare and related medical expenses, it is important to identify your goals, health status,…
I asked ChatGPT: How can I make my kids more financially aware? AI gives me 10 money hacks
Most parents try to teach children about money through lectures. That rarely works. I asked ChatGPT: “How can I make my kids more financially aware?” AI gave me 10 hacks.…
Market
Raja Venkatraman, MarketSmith recommend five stocks for 12 May
Stocks to buy on 12 May: Indian markets came under pressure on Monday, 11 May, with both equities and the rupee weakening after Narendra Modi called for measures such as…
Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 12 May
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to extend losses and open lower on Tuesday, amid cautiousness over the rising crude oil prices and its…
Stocks to watch: Tata Power, Dixon Tech, Indian Hotels among 10 shares in focus today
Stock market today: The Indian stock market came under intense selling pressure on Monday, May 11, as investor sentiment turned negative following a sharp rise in crude oil prices after…
From Gift Nifty, US-Iran peace talks to crude oil prices: 10 key things that changed for Indian stock market overnight
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Tuesday, amid worries over the ongoing US-Iran war and its potential impact on the…
Market
FSSAI issues notice on date sugar claims to The Whole Truth on rival’s complaint
India’s food regulator has issued a show-cause notice to Fitshit Health Solutions-owned The Whole Truth over labelling that its chocolate products contained “no added sugar,” a move that could have…
Slice joins wealth race with AI-powered ‘personal CFO’
Fintech unicorn-turned-bank Slice is preparing to enter wealth management with an AI-powered “personal CFO” embedded in its banking app, according to two people familiar with the matter. The company has…
The MD-11 cargo planes involved in last falls deadly UPS crash in Louisville return to the air
The model of in Kentucky last fall after an engine fell off a UPS jet as it was taking off resumed flying over the weekend. The Federal Aviation Administration said…
Pimco Scorns Daily Marks on Private Assets That Apollo Heralded
(Bloomberg) — More frequently marking assets does little to improve transparency or accuracy in the $1.8 trillion private credit market, according to Pacific Investment Management Co. strategist Lotfi Karoui. “Attempts…
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