Banking And Finance
SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoY
Mumbai: India’s credit card industry crossed the 12 crore cards milestone in May 2026, with net additions rebounding sharply to 10.17 lakh — a 33.7% surge year-on-year and a 26.9%…
Lost money to cyber fraud? RBI’s new rules offer compensation of up to ₹25,000
The has tightened customer protection norms for digital banking frauds, requiring banks to prove customer negligence in disputed transactions and introducing a compensation mechanism for victims of small-value cyber frauds.…
I asked ChatGPT to plan a semi-luxury trip to Azerbaijan for 2 — It gave a modest ₹60K budget without flights
I have always wondered if it is possible to experience global bucket-list destinations with a touch of high-end luxury without draining a multi-year mutual fund portfolio. The answer is almost…
Income Tax Challan Correction Rules 2026: Taxpayers can now correct assessment year, major and minor head details online
The Income Tax Department has made efforts to ensure that the challan correction process becomes easier. The changes permit taxpayers to rectify certain tax payment omissions and errors directly through…
Market
Dalal Street pares gains: Sensex ends flat after climbing over 600 points
Benchmark indices surrendered most of their intraday gains on Thursday, with the Sensex erasing a rally of over 600 points before ending marginally higher, as investors booked profits after a…
Profit booking trims gains; Nifty ends flat after 200-point swing from day’s high
Markets staged a strong opening on Thursday but surrendered most of their intraday gains as profit booking ahead of a long weekend left benchmark indices barely in the green. The…
Rupee rises 16 paise to settle at 94.39 against US dollar
The rupee appreciated 16 paise to settle at 94.39 (provisional) against the US dollar on Thursday as global crude oil prices continued to slide. Positive sentiments in the domestic equity…
Market
Sunsol plans 2 GW solar deployment through 5,000 projects in India by 2030
Global consultancy firm Sunkonnet on Thursday said its distributed energy platform Sunsol Cleantech plans to support the deployment of over two gigawatts (GW) of solar capacity across India by 2030.…
Germany’s Merck to buy Bio-Techne for $11.3 billion
Merck KGaA has agreed to acquire biotech firm Bio-Techne Corp for $11.3 billion, the German science and healthcare firm said in a statement on Thursday. Shares of Bio-Techne rose 22…
Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race
On 29 June, the Indian government will figure out if a serious player is indeed interested in building rare-earth permanent magnets in India. The ₹7,280-crore production-linked incentive (PLI) scheme that…
Amazon chief meets PM Modi, announces $13-billion investment to expand AI and cloud infrastructure
Amazon CEO Andy Jassy, who is on an India visit, met on Thursday in New Delhi. Reiterating long-term commitment to India, he also announced plans to invest an additional $13…
Axis
