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Shriram Finance Limited (SFL) has entered into a definitive agreement with MUFG Bank Ltd., Japan’s largest bank and a part of Mitsubishi UFJ Financial Group (MUFG), for an investment of Rs 39,618 crore, the company informed stock exchanges in a regulatory filing on Friday.According to the filing, the Board of Directors of Shriram Finance approved…
Credit cards continued to dominate high-value consumer spending in the country, while UPI further strengthened its position as the preferred mode for everyday payments, according to a report by Worldline. The report highlighted shifting payment behaviour, with users increasingly favouring credit cards, UPI and prepaid instruments, while debit card usage continued to decline.The report stated…
The Lok Sabha on Wednesday passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI), 2025, clearing the way for a major overhaul of India’s civil nuclear framework. The Bill was approved by voice vote during the ongoing Winter Session amid a walkout by most opposition members. Introduced earlier this week…
The problem is not which fund to choose. It’s how much they can realistically save. (AI image) “How do I decide how much to save and invest when my income is just about enough?”This is one of those questions that sounds technical, but is actually very emotional.On paper, it’s simple: income comes in, expenses go…
According to GTRI, India’s trade relationship with China has entered a phase of sharp contrasts. (AI image) India’s exports to China surged 90% in November to hit $2.2 billion! However, the remarkable year-on-year spike masks the truth of how volatile India’s exports to China are, and the growing dependence on the neighbouring country for imports,…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has suspended the diversity green card lottery programme, saying it allowed the suspect in the deadly Brown University and MIT shootings to enter the United States, as his administration moved to tighten legal immigration channels following the attacks.Homeland security secretary Kristi Noem…
Gold February futures on MCX are trading near ₹1,34,100 after failing to sustain above recent intraday resistance levels. (AI image) Gold price prediction today: Gold is seeing selling pressure and the intraday bias is downward, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends selling on rise with resistance near…
Asian equities inched higher on Friday after as investors relieved after softer reading of US inflation, expecting another interest rate cut as early as next month. Optimism was further supported by strong earnings from US chipmaker Micron Technology, which eased fears that the rally in technology stocks may be overstretched.Hong Kong’s HSI is trading at…
File photo (Picture credit: AP) TOKYO: The Bank of Japan hiked interest rates to a 30-year high of 0.75 per cent on Friday, the first increase since January, as it said the economy had shown signs of improvement.The unanimous vote to lift the main borrowing rate from 0.5 per cent came hours after official data…
China could receive the first shipments of Nvidia’s second-most powerful AI chips, signalling a shift in America’s long-standing restrictions on exports to Beijing.The US government has began a formal licensing process that could pave the way for chip gaint’s Beijing entry, Reuters reported, citing five people familiar with the matter. This comes after US President…
