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Instagram finance creator Udayan Adhye has set off a fresh round of debate online after claiming that raising a child in a metro city in India could cost as much as Rs 6.75 crore, a figure that has quickly travelled far beyond his original audience and stirred strong reactions across social media. In a video…
“Beta, paise ped par ugte hain kya?”Almost every Gen Z has heard this at least once, whether while ordering that expensive K-beauty product or clicking “buy now” on those must-have sneakers.Generation Z, the ‘fam’ that treats a 10-step skincare routine like a basic life skill, coffee runs like a non-negotiable ritual, and concerts like therapy…
Michael Bloomberg was being fired from Salomon Brothers. Image credit – Wikimedia Facing a sudden career exit can lead to mental frustration and whatnot. However, the story was completely different for businessman and politician Michael Bloomberg. In 1981, he faced a low point in his life that became a turning point in his career. As…
Scheduled Commercial Banks (SCBs) recorded a robust 15.9 per cent growth in credit during FY2025-26, reflecting strong economic activity and sustained demand across sectors, the Finance Ministry said, PTI reported. Total outstanding bank credit stood at Rs 212.9 lakh crore in March 2026, an increase of Rs 29.2 lakh crore over the previous year. “Amidst…
Morgan Stanley maintained its overweight rating on Bajaj Finance with the target price at Rs 1,120 against Rs 1,090 earlier. Analysts said the NBFC major’s adjusted profit before tax for the Jan-March quarter (Q4FY26) was up 26% on the year (YoY) and was ahead of estimates. The company’s credit costs improved sharply with lower bad…
Cyber criminals hacked into the Sri Lankan finance ministry’s computer system and siphoned off $2.5 million, the government said Thursday, the most amount of cash ever stolen by hackers from a state institution in the debt-saddled country.The cyberattack is a major blow to Sri Lanka, which is recovering from a crippling economic crisis in 2022…
The Iran–US conflict has pushed global oil markets into turmoil, with tensions still simmering despite a two-week ceasefire window, since April 8, intended to enable negotiations. The peace talks amid the fragile truce have so far failed to yield any breakthrough, though diplomatic sources indicate preparations for a second round of talks are already under…
Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey hailed India’s financial landscape and assured global investors that the country continues to be an open and attractive destination. In a bid to draw in global capital from across the globe, he further pitched India’s strong macroeconomic fundamentals, rapidly expanding investor base, and a…
The government has notified the Finance Act 2026, bringing into force the tax changes approved under the Union Budget for 2026-27, according to a gazette notification issued by the Ministry of Law and Justice.“The following Act of Parliament received the assent of the President on March 30, 2026 and is hereby published for general information,”…
NEW DELHI: Finance minister Nirmala Sitharaman said amendments to the Insolvency & Bankruptcy Code (IBC) will help maximise value for stakeholders as the Lok Sabha passed the bill on Monday.She said the 12th Amendment seeks to strengthen the existing insolvency framework, as well as address practical challenges, and incorporate evolving global best practices. She added…
