Banking And Finance

RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietors

Mumbai: Victims of involving losses of up to Rs 50,000 will be eligible to receive compensation of up to Rs 25,000 from their banks once in their lifetime under final…

Normal SIP, fixed top-up SIP, or variable top-up SIP: Which approach created more wealth over the years?

Starting a is just a first step towards long-term wealth creation. However, as incomes grow over time, investors who gradually increase their SIP contributions can potentially build a much larger…

Living in Bengaluru, Pune or Hyderabad? Your tax benefits just got bigger – What you need to know about new HRA rules

The Central Board of Direct Taxes (CBDT) has introduced significant changes to House Rent Allowance (HRA) rules, expanding benefits for taxpayers in several major urban centres while also tightening compliance…

I asked ChatGPT: How much emergency fund a family really needs in 2026, here what the math said

I asked AI how much emergency fund a family really needs in 2026, here’s what it said I asked ChatGPT: I am a 36-year-old professional living in Noida with my…

Market

US stock market today: S&P 500, Nasdaq futures rise as tech stocks rebound; Brent slips below $75

traded modestly higher on Wednesday, 24 June, following a two-day sell-off in technology stocks, particularly semiconductor shares, which wiped out billions of dollars in market value amid mounting valuation concerns.…

Nifty 50 reclaims 24,000: Five market experts predict the index’s short-term outlook

Stock market benchmark Nifty 50 reclaimed the psychologically important 24,000 mark on 24 June, largely due to short covering in select heavyweights, a further decline in crude oil prices, and…

Motilal Oswal initiates coverage on 8 textile stocks, including Arvind and Gokaldas Exports; sees up to 39% upside

Motilal Oswal has initiated coverage on eight textile and apparel companies, citing a gradual recovery in global demand, capacity additions, improving utilisation levels and potential gains from lower tariffs and…

Nifty rebounds over 200 points as falling crude and trade deal optimism lift sentiment

Markets staged a firm recovery on Wednesday, snapping the previous session’s losses, as easing Middle East tensions dragged crude oil prices lower and optimism around a near-final India-US trade deal…

Market

Nila Spaces and IKEA partner for B2B push, eye growth in India’s emerging ready-to-live homes market

Home furnishing giant IKEA has entered Gujarat’s residential market through a collaboration with Nila Spaces’ VIDA project in Ahmedabad, marking a new step in its business-to-business (B2B) growth strategy. The…

Incubating businesses to start demerging from FY28: Adani Group CFO

Adani Enterprises Ltd (AEL) expects to begin the demerger of its incubating businesses from FY28 onwards and plans to invest ₹35,000-40,000 crore annually over the next five years as it…

Indri Whisky adds authenticity hologram to bottles amid India’s single malt boom

Indri, the single malt whisky brand owned by Piccadily Agro Industries Limited (PAIL), announced on Wednesday that its bottles will now carry a certification hologram issued by the Indian Malt…

Elon Musk became world’s first trillionaire on June 12, then watched $363 billion disappear within a fortnight

Elon Musk’s run as the world’s first trillionaire has ended, just a fortnight after it began. The Tesla and SpaceX chief’s fortune now stands at $957 billion, according to the…
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Axis

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