Nandan Nilekani, co-founder of Infosys, has urged for the expanded adoption of the Account Aggregator (AA) framework to facilitate formal credit access for self-employed individuals and gig workers. He highlighted its potential to enable cash-flow-based lending by leveraging diverse data streams, moving beyond traditional asset-based lending, and fostering a more inclusive digital financial infrastructure in India.
Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.
The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.
The GST Council has approved a proposal allowing pharmaceutical companies to claim Input Tax Credit (ITC) on free samples and goods destroyed or written off due to expiry, effective from the next fiscal year. This move aims to support manufacturing, liquidity, and exports within the sector.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
A new report, the Digital Credit and Inclusion Index (DCII) 2026, reveals that Tier-2 cities are spearheading digital credit adoption in India. The study, a collaboration between Pahle India Foundation and Amazon Pay, highlights that salaried women are borrowing more than men and that digital credit is primarily used for consumption, with limited productive use.
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
India all-rounder Naman Dhir discusses his bowling development, crediting veteran Ravindra Jadeja's advice and training at the Mumbai Indians camp. Despite not yet taking a wicket in his two ODIs, Dhir maintains a good economy rate and is working on his all-round game, including his batting, ahead of the third ODI.
Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.
Indian hockey drag-flicker Deepika has made headlines at the Asian Games with a record-breaking 20 goals across three matches, including nine in a single game. The 23-year-old attributes her success not just to her wrestling family's athletic genes but to years of dedicated training and the guidance of coaches Azad Singh, Rupinder Pal Singh, and Taeke Taekema. Despite a career-threatening injury last year, Deepika has made a strong comeback, focusing on skill, consistency, and discipline, with an eye on Olympic qualification.
Credit card spending in India has consistently topped Rs 2 trillion for three consecutive months, with July 2026 recording Rs 2.08 trillion, indicating a new normal for consumer expenditure, according to the latest RBI data.
Anant Nag has dedicated the Dadasaheb Phalke Award 2024 to the people and unique cultural environment of Karnataka, crediting the state for his unparalleled success in both art and commercial films.
A Primary Agricultural Credit Society (PACS) chief was shot dead and the husband of a block chief critically injured in Bihar's Patna district by assailants on a motorcycle. Police suspect personal rivalry and have launched a manhunt.
Finance Minister Nirmala Sitharaman announced that India's real GDP grew by 7.8 per cent in the April-June quarter, surpassing the RBI's forecast. She attributed this strong performance to government reforms and agile economic management, reaffirming the government's commitment to expanding economic opportunities.
Former India captain Harmanpreet Kaur scored an unbeaten 91 off 41 balls against Zimbabwe in the final T20, marking an emotional return to form after a lean patch.
New Zealand all-rounder Glenn Phillips acknowledged India's successful chase of 226 in the first T20I, attributing their win to strong execution and adaptation. Phillips highlighted areas for improvement for his team, specifically the need to take more wickets in the middle overs and enhance fielding performance, despite defending their overall effort.
Shimla police have registered an FIR against former city SSP Sanjeev Kumar Gandhi for allegedly misappropriating Rs 2.35 lakh from a government fund and defrauding a police constable. The constable claimed he was not reimbursed for Rs 1.87 lakh spent from his personal account on official duties, despite signing a payment voucher.
HDFC Bank has initiated an internal enquiry into the alleged leak of confidential information by two senior executives, with investigators examining whether the disclosed information was misused.
Gurugram police have arrested two individuals, Nirmal Kumar and Gopi Kumar Yadav, for their involvement in a cyber-fraud scheme. The gang allegedly duped people by sending fake HCG bill messages and using malicious APK files to steal Rs 1,64,900 from a complainant's bank account. The arrested associates were responsible for fraudulently obtaining and supplying SIM cards used in the crime.
Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.
India pacer Gurnoor Brar discusses how bowling alongside senior quicks Jasprit Bumrah and Mohammad Siraj has improved his consistency in lengths.
The Goods and Services Tax (GST) Council has announced that Input Tax Credit (ITC) will now be available on health and life insurance policies provided by employers to their employees, a move expected to significantly reduce costs for businesses, especially MSMEs.
India secured a 14-run victory over West Indies in the third T20I, taking a 2-1 series lead. Captain Shreyas Iyer praised his bowlers for their confidence and execution, and also highlighted strong performances from openers Abhishek Sharma and Ishan Kishan. West Indies captain Shai Hope acknowledged their bowling shortcomings and the need for a stable opening partnership.
Twenty individuals were arrested in Lonavala, Maharashtra, for operating an illegal call centre that defrauded foreign nationals. The accused impersonated representatives of companies like Amazon and Google, threatening victims with fake drug cases to extract banking details and money.
From his extraordinary scholarship to his musical talents and complex family history, several fascinating traditions surround the legendary king of Lanka.
Kerala's Vigilance and Anti-Corruption Bureau conducted a surprise inspection at the Vaikom Circle Inspector's office following allegations of bribery. The officer is accused of using a bank account opened in an Assam native's name to receive illicit payments from the soil mafia, lorry operators, and criminal accused, with Rs 2.28 lakh reportedly credited within a month.
A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate (MDR) on UPI transactions from 0.40 per cent to 0.08 per cent. It suggests that banks should fund the UPI ecosystem using their net interest margins from CASA deposits, rather than relying on MDR. The report also addresses transaction costs, credit card MDR, and ATM withdrawal allowances, aiming to ensure UPI's long-term sustainability and public trust by proposing remuneration only from large merchants.
"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.
'Read the prospectus as a capital allocator deciding whether the business deserves your capital at the offered price.'
Spider-Man: Brand New Day's seemingly underwhelming post-credit scene may actually be quietly setting up Peter Parker's biggest MCU adventure yet.
Indian racing prodigy Atiqa Mir made a remarkable debut at the FIA Karting World Cup in Viterbo, Italy. Representing Kart Republic Factory Race Team, the 11-year-old achieved a top-five finish in the heats and set the fastest time in a practice session, competing against 117 drivers. Despite a challenging qualifying, she showcased her talent by finishing P16 in the final, overtaking eight karts.
The rise in loan sizes reflects both higher vehicle prices and a shift from entry-level cars to SUVs.
Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.
India's P V Sindhu, a double Olympic medallist, overcame a strong challenge from Thailand's Supanida Katethong in a three-game thriller at the French Open Super 750 badminton tournament on Wednesday. Sindhu won 21-14, 8-21, 23-21, admitting it was not her best performance but expressing relief at advancing. In other matches, Unnati Hooda exited, while Ayush Shetty defeated Kidambi Srikanth, and Lakshya Sen gave a walkover.
Festival shoppers are increasingly turning to EMIs and other affordability options for high-value purchases, especially beyond metro cities.
The GST Council, chaired by Finance Minister Nirmala Sitharaman, has begun deliberations on significant reforms, including decriminalising nine offences, softening provisions for 24, and raising the threshold for criminal prosecution to Rs 5 crore. The proposed changes also include scrapping the arrest powers of GST officers and introducing an 'invoice matching system' to combat fake input tax credit claims, aiming for a trust-based taxation approach and enhanced ease of doing business.
India head coach Gautam Gambhir acknowledged Roston Chase's disciplined bowling spell as a 'game-changing' factor in the second T20I, but stressed the need for India to improve their ability to defend large totals after West Indies successfully chased down 250.
Gurugram police have arrested three men from Gwalior, Madhya Pradesh, for allegedly providing bank accounts to cybercriminals involved in a fake e-challan SMS fraud. The arrests followed a complaint where a man lost Rs 1.35 lakh after clicking on a fraudulent link. The accused received Rs 7,500 for facilitating the transfer of Rs 70,000 from the victim's account.
Apple Pay is now available in India. Here's how you can add an eligible credit card to Apple Wallet and make payments using your iPhone.
