What families need to know when a co-borrower on a joint home loan dies
Personal Finance & Wealth
India’s equity mutual fund gains now fully visible in tax exemption limits
Investors should carefully track total long-term capital gains from equity mutual funds, as aggregated gains exceeding Rs 1.25 lakh are taxed under new India tax rules, impacting long-term wealth growth. For investors building long-term wealth through equity mutual funds, the…
Hybrid credit scoring models reshape fintech lending with enhanced transparency and regulation compliance
As the industry moves towards hybrid models combining traditional bureau data with alternative signals, lenders must navigate the complexities of governance, compliance, and transparency to deliver faster, more accurate credit decisions. Credit scoring has become one of the most important…
Indian corporate bond market faces headlines as funding costs surge and PFC halts short-term issuance
Power Finance Corporation withdrew a planned three-year bond issue amid rising yields and investor demand for higher premiums, highlighting escalating funding costs in India’s corporate debt sector yet successfully raising ₹2,500 crore through a 15-year bond. Market caution persists with…
Delhi tribunal rules against Service Tax demands based on guesswork and third-party data
The Customs, Excise and Service Tax Appellate Tribunal in New Delhi has overturned a ₹60 crore Service Tax demand against Twenty Four Guarding Private Limited, emphasising the need for evidence-based assessments and cautioning against reliance on assumptions and incomplete data.…
First Internet Bank pioneers AI assistant integration for enhanced financial insights
First Internet Bank extends its digital legacy by introducing AI-powered assistants that enable customers to query account data in natural language, marking a significant step in AI-driven financial services. First Internet Bank, which began in 1999 as the US’s first…
Balancing workplace and personal life insurance: weighing control and convenience
While group term life insurance offers employees a cost-effective benefit tied to employment, supplementing it with individual policies ensures greater control and long-term security, addressing gaps in coverage caused by job changes or unmet financial obligations. Group term life insurance…
Oswal Pumps shares plunge over 50% from IPO amid profit slump and weak sentiment
Oswal Pumps’ stock extends its post-listing decline, falling over 50% since IPO amid declining profits and cautious investor sentiment following weak quarterly results. Oswal Pumps extended its post-listing slump on Monday, closing at ₹296.35 on the BSE, a fall of…
Power Finance Corporation sets 2026 record date amid strong financials and merger plans
Power Finance Corporation has announced a Rs 3.90 interim dividend with a record date of August 27, 2026, amid robust financial growth and ongoing consolidation plans with Rural Electrification Corporation, signalling continued shareholder returns and strategic expansion. Power Finance Corporation…
India’s UPI celebrates a decade of transformative growth, surpassing global benchmarks and expanding cross-border reach
India’s Unified Payments Interface marks its 10th anniversary with unprecedented transaction volumes, global recognition, and expansion into international markets, highlighting its role as a leader in digital payments. India’s Unified Payments Interface has reached its 10th anniversary with numbers that…
