Finance: News

07 Feb 2023

Valentine's Day

Your ultimate guide to financial gifting this Valentine's Day

Flowers, chocolates, movies, and dinner dates on Valentine's Day make for good memories, but they don't last forever materialistically.

06 Feb 2023

Adani Group

Adani Group to prepay loans and reduce capex

Adani Group is in damage control mode after a damning report by Hindenburg Research led to its listed companies losing over half their value.

18 Jan 2023

Adani Group

Adani Enterprises files papers for India's largest FPO: Key facts

Adani Enterprises has filed papers for a follow-on public offer (FPO) with the Securities and Exchange Board of India (SEBI). The company aims to raise a whopping Rs. 20,000 crore through the FPO.

Gross NPAs of Indian banks fall to 7-year low: RBI

Bad loans or non-performing assets have made life harder for Indian banks for a long time. However, banks have been trying to bring them down.

14 Dec 2022

Education

IIT Madras launches dual degree programme on Quantitative Finance

The Indian Institute of Technology (IIT) Madras has officially made available a new Interdisciplinary Dual Degree (IDDD) program on Quantitative Finance.

Electoral bond sales begin in India: How to buy them?

The 24th batch of electoral bonds has gone on sale in India today i.e. December 5.

29 Nov 2022

Cryptocurrency

After FTX implosion, crypto lender BlockFi files for bankruptcy

The aftermath of FTX's implosion is still being felt across the crypto world. BlockFi, a cryptocurrency lender, has now become the latest casualty of the events that brought FTX down.

24 Nov 2022

Switzerland

Credit Suisse to layoff 9,000 people, projects $1.6bn Q4 loss

A string of scandals this year has dogged Swiss bank Credit Suisse. Add to that the challenging economic environment, and we have a recipe for disaster.

16 Nov 2022

Business

Estee Lauder to acquire Tom Ford for $2.8 billion

The American multinational cosmetics brand, Estee Lauder has agreed to buy designer Tom Ford's company for a whopping $2.8 billion.

11 Nov 2022

Apple

Apple registers record $191bn market value surge in single day

As tech companies around the world crumble under the weight of a slowing economy, there is one tech giant that is still standing tall - Apple.

03 Nov 2022

Business

#NewsBytesExplainer: What is digital gold? Should you invest?

Festival season in India is synonymous with gold sales. The demand for the yellow metal multiplies between October-December in the world's second-largest gold consumer market.

DHFL scam: ED attaches builders' properties worth Rs. 415 crore

The Enforcement Directorate (ED) on Wednesday attached assets worth Rs. 415 crore in India's biggest bank fraud case, the Dewan Housing Finance Limited (DFHL) and Yes Bank scam.

23 May 2022

Mumbai

Petrol, diesel prices drop sharply after Centre cuts excise duty

Fuel prices saw a considerable reduction after Finance Minister Nirmala Sitharaman's Saturday announcement of a central excise duty cut of Rs. 8/liter on petrol and Rs. 6/liter on diesel.

31 Mar 2022

Cryptocurrency

Major financial changes coming into effect from April 1

Several new financial changes are expected to come into effect from Friday (April 1)—the first day of the fiscal year 2022-23.

08 Feb 2022

Lifestyle

Here's how you can support small businesses

When you support a small business, you are also supporting the local economies.

06 Jan 2022

Lifestyle

5 ways to cut expenses and save more

If you find yourself struggling at the end of the month with daily expenses, then you probably need to take a long, hard look at your spending.

01 Nov 2021

Lifestyle

Want to save money on grocery shopping? Follow these tips

Let's just accept that most of us have the habit of buying groceries more than required.

25 Oct 2021

Startups

A few tips on how to grow a small business

Every business comes with its own ups and downs. But celebrating the ups and working on the downs help in making the business a success story.

23 Oct 2021

Lifestyle

Looking for ways to save money? Follow these tips

With rising living costs, saving money has become an impossible task for a lot of people.

New rule introduced for auto-debit transactions from October 1

If you use your credit/debit cards or mobile wallets for recurring auto-payments, an important change is coming next month.

18 Aug 2021

Nirmala Sitharaman

Nirmala Sitharaman birthday special: These stars could lead her biopic

One of the strongest pillars of Indian politics today, Finance, Corporate Affairs Minister Nirmala Sitharaman turns 62 today.

06 Jun 2021

Lifestyle

Super easy tips and strategies to save money every month

"Saving money for a rainy day" is a phrase we often hear.

31 Aug 2020

Narendra Modi

Former President Pranab Mukherjee passes away, had tested coronavirus positive

India's 13th President and Congress veteran Pranab Mukherjee passed away today, several days after he informed that he had contracted coronavirus.

02 Jun 2020

Mutual Funds

Franklin Templeton MF liquidation: All you need to know

After winding up six debt funds and locking Rs. 30,800 crore of investor money, Franklin Templeton India is gearing up to finalize the liquidation process of the schemes through an e-vote.

05 Mar 2020

India

India's five most influential and successful women in finance

The world of finance used to be seen as an industry only for men for the longest time. However, that has changed in the last few years.

03 Jan 2020

Maharashtra

In Maharashtra Cabinet, NCP expected to get lion's share

Sharad Pawar's Nationalist Congress Party (NCP) could emerge as the biggest winner in Maharashtra, as it is all poised to get key Cabinet berths like Home, Finance, Irrigation, and Housing, reports NDTV.

19 Nov 2019

England

Here's how much Manchester United have financially lost without UCL

Former England and European champions Manchester United are not featuring in the UEFA Champions League this season, and are instead playing the UEFA Europa League.

08 Nov 2019

India

#NoteBanAnniversary: Ex-finance secretary says Rs. 2,000 notes can be demonetized

Exactly three years ago, Prime Minister Narendra Modi addressed the nation and wiped off Rs. 500 and Rs. 1,000 notes, making way for new Rs. 500 and Rs. 2,000 notes.

24 Sep 2019

India

#CareerBytes: What are the benefits of doing CFA after CA?

Chartered Accountancy (CA) and Chartered Financial Analyst Program (CFA) are two of the most in-demand career options.

11 Sep 2019

India

Don't have a PAN yet? Reasons why you'd need one

Permanent Account Number (PAN) is a unique, ten-digit alphanumeric identity issued by the Income Tax Department to all taxpayers in India.

Investing in Provident Funds? Here's how much you can earn

Public Provident Fund, popularly known as PPF scheme, is a long-term savings scheme, launched by the National Savings Institute (Government of India) in 1968.

01 Sep 2019

India

Ahead of bank merger, PNB reduces FD interest rates again

Ahead of its merger with Oriental Bank of Commerce and United Bank of India, the state-run Punjab National Bank (PNB) has revised its fixed deposit (FD) interest rates yet again.

Received notice from Income-tax department? These could be the reasons

Whether favorable or not, you should never ignore a notice from the Income Tax department.

29 Aug 2019

India

Soon, RBI to introduce varnished Rs. 100 currency notes

In its annual report for FY 2018-19 released today, the Reserve Bank of India (RBI) announced that it is planning to introduce varnished currency notes of Rs. 100 denomination, on a field-trial basis.

06 Aug 2019

India

#FinancialBytes: Useful tips, apps for college-students to manage money better

Handling finances is one of the biggest challenges faced by college students, especially those living away from their family who often struggle with money management.

29 Jul 2019

Chennai

How MP Vijay Kumar's been helping CA-aspirants realize their dreams

MP Vijay Kumar is an illustrious Chartered Accountant who needs no introduction. He is popular among CA students across the country for his books on various finance/accounting subjects.

28 Jul 2019

India

Income Tax: How salaried individuals can file their I-T return

August 31, 2019 is the last date to file Income Tax return for FY 2018-19.

27 Jul 2019

Electric Vehicles

GST Council reduces tax on electric cars to 5%

In a move to push people towards electric vehicles, the Goods and Services Tax (GST) Council slashed the tax rate on electric vehicles (EVs), bringing it down from 12% to 5%, on Saturday.

#FinancialBytes: What will happen if you miss ITR filing deadline

July 31, 2019 is the last date to file Income Tax returns for FY 2018-19.

21 Jul 2019

India

#CareerBytes: What are the benefits of doing CFA after CA?

Chartered Accountancy (CA) and Chartered Financial Analysis (CFA) are two of the most in-demand professional career options.