Banking And Finance
I asked ChatGPT how to fund a Europe trip—SIPs or credit cards? – its answer was practical
How to fund a —SIPs or credit cards?– Here’s what AI answered, it seemed practical. I’m planning a Europe trip over the next 12 months with a budget of around…
Tax-saving FDs explained: Lock-in period, tax benefits and banks offering highest interest rates
Fixed deposits have long been a go-to investment choice for Indians because of their safety and predictable returns. With 5-year tax-saving FDs offering deductions of up to ₹1.5 lakh under…
PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LIC
New Delhi, (), launched by Prime Minister Narendra Modi in 2015, is playing a critical role in fostering the government’s vision of ‘Insurance for All by 2047’, CEO and MD…
FD premature withdrawal rules: How much penalty do banks charge? All you need to know
Fixed deposits (FDs) remain a cornerstone for risk-averse investors seeking to balance their portfolios. This investment vehicle provides guaranteed returns at pre-specified rates, offering a shield against the market volatility…
Market
SEBI plans major changes to buyback rules, seeks public comments
Markets regulator SEBI on Friday proposed a series of changes to the buyback framework, including the re-introduction of open market share buybacks through stock exchanges and shortening execution timelines. In…
Gold, silver rates today: Comex gold jumps $50/oz, silver rallies $2 as traders track US-Iran talks
Precious metals extended their winning run to a fourth straight session on Friday, 8 May, as optimism surrounding a potential US-Iran peace agreement, along with a softer US dollar, kept…
Fino Payments Bank April update: Deposits cross ₹2,800 crore, loan referral business triples
announced its business performance for April on May 8 after market hours, reporting steady growth in deposits and strong traction in its loan referral business. Average total increased 13% year-on-year…
Market
Britannia moves manufacturing to India amid West Asia crisis
Britannia Industries, leading bakery and biscuit product maker, has shifted its North American export business from Oman to India at Mundra, Gujarat, said its Managing Director and Chief Executive Officer…
Accor raises its India play as domestic luxury demand reshapes hotels
Accor, the French hospitality giant, is betting big on the quiet shift in India’s luxury hotel industry, where domestic travellers, not foreign tourists, are the primary engine of the high-end…
Former Wachtell lawyer in insider trading case later worked at investment bank, sources say
* Avi Sutton, ex-Wachtell attorney who moved to LionTree, is unindicted co-conspirator in major insider trading case, sources say * Prosecutors allege lawyers passed on M&A tips in decade-long scheme…
Musk, Altman Management Styles Come Under Fire at OpenAI Trial
Elon Musk and Sam Altman both took a beating over their leadership styles in court testimony this week as a jury waded further into their OpenAI feud. As people who…
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