August 12, 2025

Big Move! BAT Awaits RBI Nod to Sell 15.29% Stake in ITC Hotels to Cut Debt by 2026

British American Tobacco (BAT) is waiting for RBI approval to sell its 15.29% shares in ITC Hotels. This sale will help BAT reduce debt and sharpen focus as it plans to exit the hotel business. ITC Hotels boasts 200+ properties, making BAT's stake a hot ticket!

August 12, 2025

Public Sector Banks Zoom Ahead in Retail Loans While Private Banks Hold Back on Unsecured Credit

India’s public sector banks are speeding ahead in retail loans, leaving private banks behind. SBI, Bank of Baroda, and PNB are leading, while private banks stay cautious due to rising unpaid personal loans and credit cards.

August 11, 2025

UPI Transactions Hit 628 Million Daily in July with Groceries and Loans Leading the Way

In July 2025, UPI saw a record-breaking 19.47 billion transactions, with groceries and restaurants topping the list in volume and loans dominating in value. The NPCI's new data reveals exciting insights into India’s digital payment fever!

August 11, 2025

Lok Sabha Passes New Income Tax Bill to Simplify Taxes and Allow Late TDS Refunds from 2026

Exciting tax news! The Lok Sabha just approved a fresh Income Tax Bill to replace 60-year-old laws. Starting April 2026, taxpayers can claim TDS refunds even if they miss filing their income tax returns on time. Finance Minister Nirmala Sitharaman unveiled this sweeping reform to make taxes simpler and more tech-savvy.

August 11, 2025

JM Financial Sells 2.1% Stake in Home Loans Unit to Bajaj Allianz for Rs 65.5 Crore

JM Financial Credit Solutions is selling a 2.1% stake in its home loans arm to Bajaj Allianz Life Insurance for Rs 65.5 crore. This deal cuts JM Financial's stake in the subsidiary and highlights a fresh investment by the leading life insurer.