India's household savings continued their downward trajectory for the third straight year, slipping to 18.1 per cent of GDP in financial year 2024 (FY24), as per CareEdge Ratings.
The stress in short-term unsecured loans and microfinance segments could push credit costs of the banks upward in the financial year 2026, according to a report by CareEdge Ratings.
Air India on Saturday announced that an interim financial assistance package of Rs 25 lakh (approximately GBP 21,000) will be provided to the "families of the deceased and to the survivor" in the tragic crash of the London-bound Air India flight that rammed into a doctors' hostel in the Megh
Expressing his condolences to the grieving family, LG Sinha praised Adil's extraordinary courage and sacrifice. "We had already decided earlier that we would visit Adil ji's family. The Jammu and Kashmir administration and the Ministry of Home Affairs had already extended financial assistanc
Lubimov Kirk, a Canadian-based Financial Strategist, stated in an exclusive interview with ANI that the entrance of incoming Prime Minister Mark Carney presents an opportunity for Ottawa and New Delhi to begin stalled trade discussions and increase collaboration on energy, technology, and es
Mumbai (Maharashtra) [India], June 14: Zuno General Insurance, a new-age digital insurer committed to making insurance easy, friendly and innovative, has introduced India's first real-time crash detection feature to its flagship Zuno Smart Drive car insurance. This enhancement provides insta
The Reserve Bank of India (RBI) is likely to ease interest rates further after a brief pause as the country may require additional liquidity injection in the second half of the financial year 2025-26 (H2 FY26), according to a report titled Ionic Wealth by Angel One.
New Delhi [India], June 14: Niva Bupa Health Insurance Company Limited has launched a campaign - #World'sMostResponsibleDad on the occasion of upcoming Father's Day to celebrate the unwavering commitment and responsibility of fathers to secure their family's health and future.
New Delhi [India], June 14: In a time when nearly every digital payment includes hidden convenience fees, the average Indian consumer ends up paying more than just their bills. From utility recharges to mobile payments, a silent cost is often passed onto users -- all in the name of convenien
In a crackdown on cyber financial crimes, the Central Bureau of Investigation (CBI) conducted multi-state searches under Operation Chakra-V, targeting cyber-enabled financial crimes.
Ahmedabad (Gujarat) [India], June 13: Ratnaafin, an NBFC focused on empowering MSMEs and small business owners with customised financial solutions to make their dreams accessible, announces the launch of its new film, celebrating entrepreneurs. Ratnaafin has consistently bridged the credit g
Pune (Maharashtra) [India], June 13: Bajaj Markets, a leading digital financial marketplace, gives individuals a simple way to check their CIBIL score, at zero cost. There are no forms and no waiting time is involved. This quick service helps people understand their credit standing and ta