Category: Finance

India’s GDP growth for the financial year 2025-26 (FY26) is projected to be between 6.3% and 6.8%, according to the Economic Survey 2024-25. This projection suggests that economic growth may remain slow in the coming year. The report, presented in Parliament by Finance Minister Nirmala Sitharaman, highlights key aspects of India’s economic performance, emphasizing the…

The long-standing tension between Tesla CEO Elon Musk and Microsoft co-founder Bill Gates has taken a dramatic turn, fueled by Musk’s recent comments on X (formerly Twitter). Musk suggested that Gates could face financial ruin under certain circumstances related to his alleged short position against Tesla stock. This bold assertion has reignited their feud and…

Credit card usage for online spending has seen a remarkable rise, driven by enticing discounts and offers from e-commerce platforms. In September 2024, credit card users spent an impressive ₹1,15,168 crore online, representing 65.4% of the total ₹1,76,201-crore credit card expenditures for the month. This marks a significant increase compared to April 2024, when online…

In a significant shift aimed at safeguarding its talent pool, Blinkit, a leading player in the quick commerce sector, has recently overhauled its employment contracts, particularly for key employees. The company has decided to eliminate its controversial ‘zero notice’ policy, which allowed employees to leave without any notice period. Instead, it has instituted a two-month…

On Friday, Finance Minister Nirmala Sitharaman emphasized the need for a more efficient and timely rollout of capital investments by states. During a meeting focused on enhancing capital expenditure (capex), she directed Expenditure Secretary Manoj Govil to collaborate closely with state governments to expedite the submission and approval processes for project proposals. This initiative is…

In today’s interconnected world, where online transactions are the norm, safeguarding sensitive financial information is paramount. UPI, India’s revolutionary payment platform, has made transferring money incredibly convenient. However, this convenience necessitates robust security measures to shield users from fraud and other potential threats. Enter biometric authentication, a promising solution to elevate UPI security to new…

In a significant turn of events, the Financial Services Commission (FSC) of Mauritius, the country’s premier financial regulator, has issued a formal statement categorically refuting key allegations made in a recent Hindenburg Research report. The FSC’s statement clears the name of Sebi Chairperson Madhabi Puri Buch and underscores the strength and transparency of Mauritius’s financial…

Last week, news broke that James Dean will star in a new movie-64 years after his death. A production company called Magic City got the rights to Dean’s image from the late actor’s estate and plans to bring him to the silver screen again thanks to the wonder (or terror) of CGI. Now, Dean, or…

Last week, news broke that James Dean will star in a new movie-64 years after his death. A production company called Magic City got the rights to Dean’s image from the late actor’s estate and plans to bring him to the silver screen again thanks to the wonder (or terror) of CGI. Now, Dean, or…