Banking And Finance
Credit card profit pool shrinks as revolvers evolve
MUMBAI: A structural shift in how Indians use credit cards is quietly squeezing profitability for banks in the segment. The share of revolvers-customers who carry balances and pay interest-have declined…
ITR filing 2026: What salaried employees should check in AIS and Form 26AS before submitting returns
As the income tax return (ITR) filing season for the assessment year 2026-27 begins, salaried employees are advised to review details available in their Annual Information Statement (AIS) and Form…
High equity taxes dampen market sentiment amid FII outflows, West Asia war: What should investors do?
Investor sentiment in Indian equities continues to be shaped by a combination of factors, including the current geopolitical turmoil in the Middle East, persistent foreign institutional investor (FII) outflows, and…
UPI ID blocked due to cybercrime complaint? Here’s how to recover your account and restore access
Unified Payments Interface (UPI) remains the most preferred mode of payment in India for its speed, convenience and wide acceptance across merchants and individuals. Its share in digital transactions rose…
Market
BPCL, HPCL, Adani Total, other oil and gas stocks gain after crude oil prices ease
Oil and gas shares rose on Tuesday, 19 May, following indications of reduced tensions between the US and Iran, which lifted optimism for stability in global crude supply and a…
Gold rate rises on MCX as oil prices ease, dragging dollar after Trump pauses Iran strike
Gold price today: Gold rate rose on the MCX on Tuesday (19 May) morning as a decline in crude oil prices after US President Donald Trump paused strikes in Iran,…
Crude oil prices fall 2% after Trump calls off strike on Iran. Where are they headed next?
US-Iran war: Oil prices declined by more than 2% during early Asian trading on Tuesday after US President Donald Trump announced that he had put a proposed attack on Iran…
Adani Enterprises to Adani Green: Adani Group shares jump after US moves to drop fraud charges against Gautam Adani
Shares of Adani Group stocks, including Adani Enterprises and Adani Ports and more, rose between 1% and 3.5% on Tuesday, 19 May, after the Trump administration moved to dismiss criminal…
Market
Indian Oil posts 56% jump in Q4 profit to Rs 11,377 crore on strong margins
Indian Oil Corporation Ltd (IOC) on Monday reported a 56 per cent jump in its March quarter net profit, aided by healthy marketing and refining margins before the full impact…
Tata Steel rules out joint ventures in India, bets on solo expansion for better control
Tata Steel Ltd will add capacity on its own in the Indian market as opposed to striking joint ventures, the company’s top management said, taking a divergent route from its…
Jaguar Land Rover shrinks board, shifts operational power to executive committee
New Delhi: With a new captain at the helm, struggling British luxury carmaker Jaguar Land Rover (JLR) has shrunk its board of directors from 11 members to three and shifted…
Back to WFH? India Inc responds to Modi’s fuel-saving appeal
India’s largest employers have revived or expanded work-from-home (WFH) policies following Prime Minister Narendra Modi’s call to reduce fuel consumption and conserve foreign exchange amid a West Asia crisis that…
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