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Mumbai: India s credit card boom is turning less lucrative for issuers, yielding lower profit margins for banks even as spending continues to rise. Customers are increasingly using credit cards as a payment tool rather than a borrowing product, shrinking the i
Asian markets mirrored Wall Street's upward trend, with Japanese and South Korean indices on the rise. The yen's unexpected gains caught traders' attention, signaling possible interventions
Listen to this article in summarized format From ITR filing due dates to right form - know everything about filing your income tax returns for Tax Year 2025-26 or AY 2026-27 (Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest New
Melbourne, Mortgage holders know interest rates have risen over the past year, as the Reserve Bank of Australia lifted the cash rate to fight inflation. But mortgage holders are not alone: governments and business borrowers are facing the same pressure.Austral
Chinese and Hong Kong stocks fell as rising oil prices, higher bond yields and geopolitical tensions intensified inflation and interest-rate concerns. Major indexes declined, while gold, technology, auto and property stocks weakened
Kolkata: Questioning the maintainability of a PIL regarding TMC chief Mamata Banerjee's alleged comments on the murder of a Bangladesh activist, the Calcutta High Court on Tuesday observed that public interest litigations were being used as a special tool or w
The Supreme Court declined interim orders on petitions seeking to defer a proposed march. The court noted law and order issues and administrative policy regarding protest permissions
External Affairs Minister S. Jaishankar assesses a world shaped by competition, conflict and strategic chokepoints
Yash s much-awaited action drama Toxic: A Fairy Tale for Grown-Ups has opened advance bookings across India, and the film has got off to a strong start. Within hours of bookings going live, the Geetu Mohandas directorial sold nearly 85,000 tickets within hours
An estranged spouse cannot take shelter under the norm of best interest of the child to unilaterally take custody of a minor from the other parent and transfer them to another school without a court order, the Karnataka High Court has held. Justice Dr Chillaku
Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and Persons of Indian Origin (PIOs) looking to park their foreign currency savings in India have only a few days left to take the benefit of zero hedging costs on 3-5 year Foreign Currency Non-Resi
Mortgage rates stayed unchanged last week, giving homebuyers and current homeowners little reason to contact lenders or make a move. The average rate for a 30-year fixed mortgage remained at 6.77% for loans with conforming balances of $832,750 or less, accordi
With the deadline set by the high court to clear pending Dearness Allowance (DA) ending Monday, the Punjab government is now looking for a middle path to resolve the issue, by paying 6 per cent interest on the arrears rather than immediately clearing the dues
Sunil and Akhil Uddemari play the lead roles in the upcoming psychological thriller Fight Maha, featuring Dr. Srivani Gopichand, Vaishnavi, Siddharth, and Srikanth Ayyangar in key roles
The dollar remained under pressure after weak US economic data reduced bets for the Federal Reserve to raise interest rates next month.A Bloomberg gauge of the currency s strength slipped 0.1%, hovering around levels last seen in May. The dollar was weaker aga
MUMBAI: Opposition parties in Maharashtra have slammed prime minister Narendra Modi s call of the hour and appeal to all political parties to support 33% reservation for women in the Lok Sabha and state assemblies. Pointing out that the Bill had already been p
AI-powered matchmaking startups are drawing fresh investor interest as traditional dating apps struggle to keep users engaged. Marriage-focused platform Knot.dating is in the market to raise $5-8 million, while Bengaluru-based Wavelength recently raised $500,0
The Allahabad high court on Friday dismissed a PIL challenging a direction by authorities in Amroha district asking chicken sellers not to open shops on the Kanwar yatra route during the ongoing Sawan month. The petitioner demanded that the shops located in ar
India's 80th Independence Day, celebrated on August 15, 2026, marks eight decades since the nation achieved freedom from British rule in 1947. These are some interesting facts about India's independence you might not know about
New Delhi: The Andaman and Nicobar administration has invited private companies, including cloud service providers, AI infrastructure companies, and data-centre developers, interested in exploring the feasibility of establishing a green artificial intelligence
FCNR (B) FDs offering up to 7.50% interest rate to NRIs, OCIs: These banks offer 6.25% or higher on deposits - The Economic Times hdfc bank,bank of baroda,esaf small finance bank,au small finance bank,ujjivan small finance bank,icici bank,FCNR (B) fixed deposi
The Reserve Bank of India (RBI) has proposed a comprehensive new framework governing interest rates on loans and advances, with tighter rules on floating-rate loans, greater transparency in pricing and safeguards for borrowers. The draft Reserve Bank of India
Gold prices have soared to a two-month peak as consumer inflation in the U.S. showed signs of cooling
Asian stocks rose after a subdued US inflation report eased concerns about imminent interest-rate hikes by the Federal Reserve. Brent snapped a six-day rally.The MSCI Asia Pacific Index rose 0.6%, with gauges in Japan and South Korea advancing
Mumbai: The journey to success, especially in sports, is somewhat easier when there have been trail blazers, someone whose footsteps can be followed. For India, the path to the podium has long been set at the BWF World Championships the country has won a gold
The government s fund to spur research and development in deep-tech sectors like AI, space and quantum technology is commendable. Private sector R&D spending has been paltry and the country risks falling behind in the tech race without stable, patient, long-te
The Madhya Pradesh High Court quashed an order withholding five per cent of a retired executive engineer s pension for three years, ruling that the pension is a proprietary right, and such a right is not required to be taken away without following the proper p
Retail inflation has continued to edge upwards, according to the latest data, driven, in part, by the food, transportation and restaurant segments. CPI inflation stood at 4.38 per cent in June, up from 3.93 per cent the month before
Many Non-Resident Indians (NRIs) prefer Non-Resident External (NRE) fixed deposits that are a low-risk and reliable investment option. Non-Resident External (NRE) fixed deposit (FD) schemes allow NRIs to invest foreign earnings in Indian rupees.Apart from offe
Washington: U.S. consumer inflation likely slowed in June, but that would probably offer little comfort to households or rule out an interest rate increase from the Federal Reserve this year, with the conflict in the Middle East still unresolved
Listen to this article in summarized format From ITR filing due dates to right form - know everything about filing your income tax returns for Tax Year 2025-26 or AY 2026-27 (Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest New
More than three decades after borrowing a small sum from a friend in Saudi Arabia, a man from Kerala travelled across states to fulfil a promise he had never forgotten. With no phone number, address or other contact details, Ismail tracked down his former coll
Alsaqer applied for asylum after arriving in Ireland from the Middle East in 2024, the New York Post reported. He boarded a bus around 3 am for the Irish capital airport after allegedly murdering Carney, his 43-year-old partner, hours earlier
As Malala Yousafzai celebrates her 28th birthday, here's a look at the extraordinary life of the education activist who became a global symbol of courage. Based on information from the Nobel Prize Foundation, these are some of the most inspiring facts about th
Sukanya Samriddhi Account (SSA) is a government-backed small savings scheme, offering the joint highest interest rate among all such schemes. SSA is focused on creating a corpus for education and marriage of a girl child
The retail inflation rate is set to breach the Reserve Bank of India s (RBI) target level of 4%, according to an analysis by the Centre for Monitoring Indian Economy (CMIE). The next set of inflation data, covering June, will be released Monday (July 12)
Shimla: The Himachal Pradesh high court has stayed two state government notifications that diverted a portion of the Local Area Development Fund (LADF) generated from hydroelectric projects to provide financial assistance to orphans. A division bench, comprisi
Japan's wholesale inflation accelerated to its fastest pace in more than three years in June, as companies continued to pass on higher input costs stemming from the conflict in the Middle East, strengthening the case for further interest rate increases by the
Goldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political events
That broad-based upcycle, however, is beginning to evolve into something more nuanced. The latest data suggest that the housing market remains fundamentally healthy, but the next phase of growth will be increasingly city-specific
Cummins India is showing a strong bullish setup with a higher high higher low pattern, robust support near its 50-day EMA and signs of short covering in derivatives. Analysts recommend a Call Ratio Spread strategy for the July expiry, with the stock expected t
The Bank of Japan kept its economic assessment unchanged for all nine regions, indicating confidence in the country's recovery despite global uncertainties. The central bank said businesses are increasingly passing on higher costs to consumers, reinforcing exp
From ITR filing due dates to right form - know everything about filing your income tax returns for Tax Year 2025-26 or AY 2026-27 (Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.)
Gold prices declined Tuesday, trading below recent highs. Investors await U.S
The Court dismissed the petition completely, ruling that public interest cases cannot be built on digital gossip and unverified media reports. Chief Justice Sushrut Arvind Dharmadhikari and Justice G
(Catch all the Business News, Breaking News, and Latest News Updates on The Economic Times.) Why is the price of silver falling? The answer: It has cousins
After losing out big on the global AI rally, Indian equities are regaining the attention of investors seeking to weather the latest market turbulence. With the AI frenzy roiling benchmark gauges from Asia to the US, the NSE Nifty 50 Index is becoming a safe ha
I run the Shahnaz Memorial Trust. Among other things, the Trust aims to create rags to riches stories by giving interest-free loans to young entrepreneurs as a first step to their hopefully becoming millionaires
The US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectations for an imminent Federal Reserve rate hike. This has provided a significant boost to the Japanese yen, which has recove
The European Commission has put forward five significant cross-border defence initiatives, paving the way for EU funding. These projects, including a drone and counter-drone effort involving 26 nations, aim to enhance innovation and the European defence indust