Banking And Finance
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrage
The Reserve Bank of India has moved to close a regulatory loophole that allowed banks to treat credit facilities delivered through the Unified Payments Interface differently from equivalent credit products…
Is your credit score enough for loan approval? Here’s what lenders check beyond CIBIL
A credit score is a three-digit number. It is like a financial report card for an individual and reflects the borrower’s creditworthiness and trustworthiness. This score is provided by four…
Nifty IT Index falls 28% in a year: Should investors buy the dip or remain cautious?
The nearly 28% correction in the over the past year has revived debate over whether investors should consider sector-specific IT index funds. The discussion has gained traction after recently lowered…
Using ChatGPT, Gemini for money advice? Think twice before creating a detailed prompt | What not to reveal
We often turn to AI chatbots askng for a wide range of tasks, including financial advice. While AI can save time, simplify complex information, and even help users compare financial…
Market
US stock market today: Nasdaq, S&P 500 futures tumble up to 3% as tech selloff deepens; Micron slides 7%
As the sell-off in technology stocks deepened, pointed to a sharply lower start on Tuesday, 23 June, with Nasdaq 100 futures tumbling 2.8%and S&P 500 futures declining 1.4%. In the…
KOSPI meltdown drags Indian indices into red; Nifty falls 279 points
South Korea’s KOSPI plunged more than 10 per cent on Tuesday, briefly triggering a circuit breaker, and the shockwaves were felt acutely in Mumbai — dragging the Nifty 50 down…
Nikhil Kamath sees energy transition stocks as key India bet
Energy transition has become a key investment theme for Nikhil Kamath, co-founder of Zerodha Broking Ltd., as the US-Iran war reinforces the sector’s importance and creates opportunities across its value…
Sensex crashes almost 900 points, investors lose ₹6 lakh crore in a day: What drove the stock market down?
The Indian stock market suffered strong losses on Tuesday, 23 June, as a fresh wave of selloff engulfed across segments, driving the benchmarks down by more than 1% each. The…
Market
ED searches against Rajesh Exports after SEBI scrutiny
The Enforcement Directorate on Tuesday conducted searches against Rajesh Exports which is facing scrutiny from market regulator Sebi over alleged financial irregularities, official sources said. The action is understood to…
Swiggy ties up with Zerodha Fund House to enable delivery partners to invest in mutual funds
On-demand convenience platform Swiggy Ltd on Tuesday said it has partnered with Zerodha Fund House to enable delivery partners to save a part of their earnings with investments into mutual…
Nvidia says gaming PC cooling tech in their newest AI servers will fix water crisis – Here’s how
Nvidia has unveiled a new liquid cooling system for its AI servers that the company says eliminates the need for water-hungry air-cooling fans, a development that could significantly reduce the…
No bids made in Indian Oil Corp tender for ships to carry Gulf cargoes
Indian Oil Corp has received no bids in tenders to charter vessels for lifting crude oil and liquefied petroleum gas cargoes from ports within the Strait of Hormuz, said two…
Axis
