Banking And Finance

Can you claim Income-Tax deduction on loan for EV purchase? Here’s eligibility criteria and key highlights, explained

Deduction for loan used to purchase an electric vehicle is provided under Section 80EEB of the Income-Tax Act (ITA) for interest payment up to ₹1.5 lakh in a financial year…

Credit card default: How bank settlements affect your CIBIL score and future loans

Missing credit card payments for an extended period can eventually lead to a default, after which banks may offer a one-time settlement option to recover part of the outstanding dues.…

SIPs, debt or equities? How a 22-year-old earning ₹1 lakh a month can invest for overseas studies in 5 years

A 22-year old who has just started working with a monthly salary of ₹1 lakh may have the advantage of time on their side when it comes to investing. However,…

Home loan planning tips to avoid costly financial mistakes when buying a family home

Are you looking to purchase a new home with your family? Have you planned the home loan, and how will you manage its repayment? Buying a home with family is…

Market

CLARITY Act clears key Senate committee hurdle after long delay — here’s how the crypto industry reacted

The Senate Banking Committee advanced a landmark digital asset market structure bill Thursday after months of negotiations, signaling fresh momentum for the long-stalled measure. The so-called Clarity Act would establish…

TCS to Infosys, OFSS: Top IT stocks announce massive dividends in Q4FY26 despite AI-led headwinds

India’s information technology sector may be facing a mixed demand environment globally, but several major IT companies have continued rewarding shareholders through generous dividend payouts following their Q4FY26 earnings announcements…

Expert View | How can new investors navigate stock market volatility? Devang Mehta explains

Expert View: Amid rising crude oil prices, persistent FII outflows and growing geopolitical uncertainty, Indian equity markets are navigating a difficult phase. Yet, retail investors continue to stay invested through…

Oil price shock to widen current account deficit, to push inflation higher: Santosh Mehrotra

With no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former Economic Advisor to the United Nations, warned…

Market

Tata Trusts board meeting halted by regulator citing pending probe, as pressure to go public mounts

A Maharashtra regulator has ordered Tata Trusts to postpone its board meeting scheduled for Saturday, 16 May and halt further engagements until an investigation into alleged regulatory violations is completed.…

NHPC Q4 profit grows 68% to ₹1,549 crore

State-owned NHPC has posted over 68 per cent jump in consolidated net profit at ₹1,549.42 crore for March quarter 2025-26, supported by higher revenues. It had logged a profit of…

SAIL Q4 net profit grows over 42% to ₹1,680 crore

on Friday posted an over 42 per cent rise in standalone net profit to ₹1,680 crore during the March quarter of FY26, citing higher revenues. The company had reported a…

Ankur Warikoo shuts down ₹100 crore courses business

Entrepreneur and content creator Ankur Warikoo announced on May 15 that he is voluntarily shutting down his online courses business, which generated ₹100 crore in revenue and ₹25 crore in…
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