For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
Former Pakistan Test spinner and chief selector Iqbal Qasim has criticised the current generation of Pakistani cricketers for prioritising financial gain, particularly through leagues like the PSL, over dedicated skill development and game awareness, attributing this to a lack of vision among selectors and a general disinterest among young players.
Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.
Becoming a shareholder isn't about predicting markets perfectly. What matters more is recognising when you're financially and mentally prepared to participate in wealth creation. If you've been wondering when you should start investing, here are five signs that suggest you're already ready.
Media baron Subhash Chandra has clarified that the total claim against him in personal insolvency proceedings is Rs 3,992 crore, not Rs 22,000 crore as claimed by dissenting creditors, asserting he was only a personal guarantor and not the borrower.
The Securities Appellate Tribunal (SAT) has dismissed Ketan Parekh's appeal challenging Sebi's denial of his request to cross-examine two traders from Capital Group, related to an alleged front-running scheme.
A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
A six-year-old UKG student tragically died at a private school in Visakhapatnam after allegedly being slapped by a teacher inside the classroom, an incident captured on CCTV footage.
For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.
'Resolution plan with this much haircut is totally unviable.'
Bollywood actor Jacqueline Fernandez's plea against a Delhi court order to frame charges in a Rs 200-crore money laundering case is scheduled for a Supreme Court hearing. The case involves alleged conman Sukesh Chandrashekhar, who is accused of running an organised criminal network from jail and defrauding individuals.
Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.
Indian Grandmaster R Praggnanandhaa secured another draw against GM Levon Aronian of the United States in the sixth round of the Sinquefield Cup, keeping him in joint second place with 3.5 points.
Tata Motors Passenger Vehicles Ltd (TMPV) has launched its new brand identity, TATA.CARS, aiming to appeal to a younger demographic with a focus on smarter, greener, and more connected mobility experiences.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
It's not about how much you earn -- it's about how you borrow and repay.
Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.
'I've 'de-sold' myself to a few films.'
The Supreme Court has issued a directive for the Shri Banke Bihari Temple in Vrindavan, mandating that all donations must be deposited into official donation boxes or the online temple treasury. This comes amidst serious allegations of sevayats siphoning off funds and obstructing online donation methods, highlighting the need for a transparent mechanism in temple management.
Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.
'There is a relationship between the audience and the film, and money should not come in between them.'
Jordan Football Association President Ali bin Hussein has publicly accused FIFA President Gianni Infantino of 'blackmail', alleging that FIFA offered to resolve the kingdom's football problems in exchange for his endorsement, a claim FIFA has been contacted about for comment.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
The Supreme Court, in a 6:3 majority verdict, has ruled that the expansive, labour-friendly definition of 'industry' from its 1978 Bangalore Water Supply and Sewerage Board judgement will not be used for interpreting the Industrial Relations Code of 2020. However, the 'triple test' from the 1978 verdict will still apply to pending cases under the now-repealed 1947 Industrial Disputes Act.
Cybersecurity specialists warn AI-driven attacks require continuous threat monitoring instead of periodic security checks.
Residents of Galchhi, Nepal, are grappling with the aftermath of devastating flash floods caused by an ice-rock avalanche, which submerged homes and infrastructure within minutes, leaving many to rebuild their lives.
Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.
The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.
The Anti-Corruption Branch has sought judicial custody for former Delhi minister Satyendar Jain, ex-Delhi Jal Board CEO Udit Prakash Rai, and three others in a corruption case related to alleged irregularities in the tendering process for Delhi Jal Board's sewage treatment plant projects. The accused's counsels have challenged the arrests, with Jain's lawyer planning a bail plea.
The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.
YR Sadashiva Reddy, Co-Chairman of the Bar Council of India (BCI), has called for the immediate resignation of BCI Chairman Manan Kumar Mishra, citing alleged irregularities in appointments, diversion of Council funds, financial dealings with law colleges, and other governance issues. Mishra has dismissed the allegations as 'baseless'.
The Securities and Exchange Board of India (Sebi) has swiftly barred Copthall Mauritius Investment and Mansi Share & Stock Broking from the securities market for alleged manipulative trades during the closing auction session (CAS) on Sensex expiry. The regulator has also directed the impounding of wrongful gains totalling 3.67 crore from the two entities.
Legal experts are divided on whether an FIR can be lodged against former Allahabad High Court judge Justice Yashwant Varma, who resigned after a Lok Sabha-appointed panel found him guilty of charges related to unexplained cash found at his residence.
The Supreme Court has directed the Reserve Bank of India to prepare a standard operating procedure (SOP) within four weeks to deal with bank accounts linked to cyber frauds, including mule accounts. This directive is part of a broader effort to strengthen responses to cyber-enabled financial frauds, with the court also urging states and UTs to adopt and operationalise grievance redressal and money restoration modules.
Indian Grandmaster R Praggnanandhaa suffered a defeat against Germany's Vincent Keymer in the Sinquefield Cup, part of the Grand Chess Tour, causing him to slip to joint fourth spot. Meanwhile, Wesley So of the United States emerged as the sole leader after a significant victory over Fabiano Caruana.
Student protests in Jharkhand over alleged irregularities in recruitment exams have intensified, leading to a state-wide bandh called by the BJP and a march by the ABVP to the state assembly. The agitation, now in its 18th day, has seen police action against demonstrators, an ED money laundering probe, and the arrest of a former JPSC chairperson, while talks between the government and students remain deadlocked.
Bengaluru-based Priyanka* reveals how resuming her career and becoming financially independent taught her to feel confident about herself.
Indian Grandmaster R Praggnanandhaa secured an easy draw against American Samuel Sevian in the first round of the Sinquefield Cup, while top seed Fabiano Caruana emerged as the early leader with a victory over Jorden Van Foreest.
Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.
