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
Investors to sell ₹4,750 crore stake in Billionbrains Garage Ventures in block deal
Early investors in Billionbrains Garage Ventures, the parent of stockbroking platform Groww, are set to pare stake through a block deal worth about ₹4,750 crore ($498 million), according to the…
Buzzing stocks today: Groww, Rossell Techsys, Bharat Forge, HFCL, Afcons and more in focus
Early investors in Billionbrains Garage Ventures, the parent of stockbroking platform Groww, are set to pare stake through a block deal worth about Rs. 4,750 crore ($498 million), according to…
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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