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Home  Business

Business

Banks free to charge over 30% interest on credit card dues

Banks free to charge over 30% interest on credit card dues

  • Sensex, Nifty surge in early trade amid rally in buying blue-chip bank stocks

    BSE benchmark Sensex jumps 425.5 points to 78,898.37, NSE Nifty up 123.85 points to 23,851.50
  • IPO allotment delays spark frustration and humor among investors in India

    As Christmas excitement builds, investors eagerly await their IPO allotments. Amid delays, humor and frustration fill social media, with memes and hashtags trending
  • EPFO adds 13.41 lakh members in Oct, Youth enrollment surges to 58.49%

    EPFO saw a net addition of 13.41 lakh members in October, with 58.49% from the 18-25 age group. Female membership grew by 2.12%, reflecting a more inclusive workforce
  • Gold, Silver shine bright: 2024 sees record demand and 30pc price surge

    Global demand for precious metals has surged significantly in 2024. Central banks around the world, including those in emerging markets, have maintained their status as net buyers of gold for over a decade. This year alone, they collectively acquired over 500 tonnes of gold, highlighting their efforts to diversify reserves in response to ongoing economic uncertainties, according to the report.
  • New EV brand ‘Youdha’ autorickshaws launched by Lohia Auto

    The E5 passenger three-wheeler is designed for urban and semi-urban commuting, focusing on space and efficiency, while the E5 cargo model offers a reliable and sustainable solution for logistics
  • Sebi suspends trading in Bharat Global Developers over financial misrepresentation

    In the garb of a compliant company, BGDL has created paper wealth now with a market cap of above Rs 12,000 crore, which is not founded on any genuine economic activity or production of any goods or services. In fact, such wealth has arisen from misrepresentation of the company's business and financials to general investors and shareholders
  • Vanguard announces new technology office in Hyderabad

    Investment management company's new office expected to open in late 2025, will be led by Venkatesh Natarajan
  • Here’s this list of electric cars launched in India in 2024!

    Marking a great year for the EVs in India, let's take a quick look at a list of electric cars that were launched in the country in 2024 and see how they are priced
  • From January, Honda Cars to hike prices across its model range

    The automaker will increase the prices of its models by up to 2 per cent from the beginning of January 2025, says Honda Cars India Vice President - Marketing and Sales Kunal Behl
  • Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar

    Forex traders say the rupee is likely to remain in a weakening mode due to significant dollar demand
  • Developed countries prioritise fossil fuels over climate aid

    In 2023, developed countries spent $ 378 billion subsidising fossil fuels, surpassing their $300 billion climate finance commitment, highlighting the misdirection of funds amid climate challenges.
  • 78 pc SMBs in India use AI: Salesforce report

    The 6th edition of the 'Small & Medium Business Trends' report by Salesforce surveyed 3,350 leaders from Small and Medium-sized Businesses (SMBs) across 26 countries
  • Indian markets slump in early trade as US Fed indicates fewer rate cuts next year

    Sensex tanks 1,162.12 points to 79,020.08 in early trade, NSE Nifty tumbles 328.55 points to 23,870.30
  • Rupee falls to all-time low of 85.06 against US dollar in early trade

    At the interbank foreign exchange, the rupee opened on a weak note and breached the crucial 85.00 level against the greenback
  • Amazon sells its 4% stake in Shoppers Stop for Rs 276 crore

    Shares of retail chain rose 1.20% to close at Rs 635.15 apiece on NSE
  • Hyderabad: YouTuber Prasad Behera arrested for harassing co-actor

    According to the police, a 32-year-old female actor had complained against Prasad that he had been sexually harassing, misbehaving and verbally abusing her for the past several months
  • Hyderabad leads in women investors in Crypto, says report

    The report said that Hyderabad also stands out for its investor success, boasting the third-highest percentage of portfolios in green, with 84 percent of its investors seeing positive returns among the top 10 cities
  • Vishal Mega Mart shares jump 41% in debut trade

    Gurugram-based supermart listed at Rs 110 on BSE against the issue price of Rs 78
  • Trump threatens to impose reciprocal tax on India

    Says India and Brazil among countries that impose high tariffs on certain US products
  • Opinion: Empower the lower 50% to enhance GDP

    Nano-entrepreneurs, construction workers, domestic helpers, and street vendors, etc, who form the lower 50% of the labour force continue to operate under severe constraints
  • OpenAI whistleblower Suchir Balaji found dead in his San Francisco apartment

    His death comes three months after he publicly accused OpenAI of violating US copyright law while developing ChatGPT
  • Hoi Introduces Advanced Airport Experience Platform with Real-Time Intelligence and Premium Services

    The platform's integration with airport infrastructure systems enables accuracy in real-time flight information delivery, transforming traditional airport processes into seamless digital experiences
  • Adani Portfolio of companies ‘most attractive’ among India corporates

    According to Japanese brokerage Nomura, other Indian corporates stay at 'expensive levels' compared to Adani Group companies
  • Google’s new AI model outperforms world’s best weather forecast system

    "New AI model advances the prediction of weather uncertainties and risks, delivering faster, more accurate forecasts up to 15 days ahead," said Google in a statement
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