Achieving a score of 750 or higher is not a guarantee for loan approval; lenders prioritise current debt, employment stability, and borrowing patterns alongside credit scores. A credit score of 750 or even higher can strengthen a loan application, but…
Bernstein upgrades Indian Energy Exchange to ‘Market Perform’ but warns of regulatory hurdles and potential delays in market coupling, with investor sentiment remaining cautious amidst ongoing legal and technical challenges. Indian Energy Exchange shares are likely to remain in the…
S&P Global forecasts continued credit growth in India but warns that patchy monsoon rains could dampen rural incomes, potentially impacting lenders focused on rural segments as the economy eyes a resilient but uncertain future. S&P Global expects India’s financial sector…
Bank of America has committed approximately ₹18,268 crore (roughly $1.9 billion) for a significant minority stake in Jio Credit, signalling a strategic move to leverage India’s expanding consumer credit sector through a digital-first platform. Bank of America has agreed to…
Employees changing jobs must verify their EPFO records, including UAN, KYC, and service history, to ensure pension rights are protected and avoid tax issues, with online transfer options making the process smoother. If you have changed jobs, or are in…
India’s insurance regulator, IRDAI, has unveiled a controversial plan to tighten controls on agent commissions and management expenses, sparking a fierce debate between consumer advocates and industry players over the future of insurance distribution and customer protection. India’s insurance regulator…
The Delhi Income Tax Appellate Tribunal’s ruling on Paul Wurth Italia signals a shift towards a more restrictive application of the force of attraction principle, emphasising the need for a demonstrable nexus in taxing offshore profits linked to Indian permanent…
The Reserve Bank of India is expected to raise borrowing costs on October 7, marking a cautious move reminiscent of past emergency measures during extreme currency pressure, as the economy navigates global inflation and financial stability challenges. The Reserve Bank…
India has initiated the process of creating dedicated mineral exchanges aimed at enhancing transparency, price discovery, and supply regulation across key raw materials, marking a significant reform in its mineral market infrastructure. India has begun the process of selecting firms…
AIA Engineering’s shares gained 1.33% on October 6, buoyed by strong revenue growth, but margins showed signs of stress, prompting investors to evaluate if the pressure is temporary or structural. AIA Engineering shares edged higher on October 6 even as…
