Banking And Finance
PSU banks lose gold loan sourcing share as private banks, NBFCs gain traction: Report
Mumbai, Public sector banks’ dominance in gold loan sourcing is gradually facing pressure as private banks and NBFCs gain traction, according to the report. This is supported by stronger distribution…
5 steps to trace deceased investor assets using Consolidated Account Statement
When an investor passes away, one of the biggest challenges for family members is coping with the emotional impact. Another challenge is to identify all investments held in the deceased’s…
Spent over ₹2 lakh on foreign travel? You may have to file ITR even with no taxable income
Summer holidays are in full swing, and many Indians are heading abroad for vacations, family trips, and luxury getaways. But while you may be busy planning flights, hotels, and shopping,…
What is DTAA? How Indian taxpayers can avoid paying tax twice on foreign income
With increasing cross-border employment, foreign investment, and global freelance income, Indian taxpayers often face situations where the same income is taxable in two countries. India addresses this through the (DTAA)…
Market
Global funds snap Indian stock selling streak as oil shock ebbs
Foreign investors turned buyers of Indian equities for the first time in two months as easing West Asia tensions and lower oil prices revive appetite for the market. Global funds…
SIP drives India’s capital despite weak equity returns: JP Morgan
India’s capital markets story continues to be driven by strong inflows through Systematic Investment Plans (SIPs), despite subdued equity market returns and sustained foreign investor selling, according to a report…
Waterways Leisure Tourism IPO subscribed 15% on Day 1
The initial public offering (IPO) of , the operator of Cordelia Cruises, was subscribed 0.15 times as of 3.18 pm on the first day of bidding, driven largely by retail…
Market
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…
Oracle layoffs: 21,000 employees let go in 12 months, company says AI replaced some roles
reduced its workforce by 21,000 employees in the past 12 months, a wider scale than previously known, including those whose jobs were eliminated by the use of artificial intelligence. “The…
Meta pauses AI programme that tracked employee mouse clicks after internal data Leak
Meta has suspended its internal AI training programme after sensitive employee data, including private conversations and performance records, was found to be accessible to all staff at the company. What…
Tata Electronics hit by cyberattack: Apple investigates alleged leak of sensitive files linked to iPhone maker, Tesla
Tata Electronics on Monday confirmed a cybersecurity incident after a ransomware group claimed to have leaked company data online, including documents purportedly linked to Apple and Tesla, two of the…
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