Bajaj Finance is transforming lending by analyzing conversational data with AI bots. This AI integration enabled over Rs 5,520 crore in loan disbursals in FY2026. The company aims to become a financial AI enterprise, embedding intelligence in every decision. This strategic pivot will enhance customer engagement and reduce operational costs. Similar AI tools are also
According to the IMF, the global economy has so far avoided a steeper slowdown despite the war, as strong demand linked to the technology sector has helped offset the impact of reduced energy supplies caused by the conflict.
One important thing to understand is this: In the current compliance environment, tax notices are increasingly driven by data inconsistencies rather than intent. A tax notice can not only mean a process of explaining discrepancies but can also put any refund claims on hold till the matter is resolved.
India’s credit card market has grown significantly over the past decade. However, credit card penetration remains low compared to global benchmarks. Younger consumers and semi-urban areas now show increased credit card ownership. Credit cards now face competition from digital payment methods like UPI. Portfolio quality has improved after pandemic-related challenges.
The Employees Provident Fund Organisation has completed its portal migration and restored online services. Members can now benefit from automated claim pre-validation and upfront error flagging. The new system offers a unified dashboard for viewing all membership details and balances. Interest credits for FY 2025-26 will be auto-processed and reflected by July 15. Advance claims
Stock market crash: Selling pressure gathered pace during the second half of the session after US President Donald Trump declared that the interim agreement with Iran to end the conflict was “over,” reigniting fears of further escalation in the Middle East.
Automobiles manufactured between 2012 and March 2023 were designed to run on fuel containing up to 10% ethanol, while vehicles produced before April 2025 are not fully compatible with E20 blends either.
According to policymakers and trade experts, the pace of the investigation suggests that the US may replace the existing 10% tariff, which remains in force until July 24, with the proposed forced labour-related tariff. The United States Trade Representative (USTR) has advanced one of its two investigations into America’s trading partners, even as the July
The Indian rupee opened weaker against the US dollar on Wednesday. Rising crude oil prices and geopolitical events impacted currency markets. The dollar index strengthened, and Brent crude futures climbed significantly. Domestic stock markets also mirrored this cautious sentiment, opening lower. Foreign institutional investors remained net buyers of equities on Tuesday.
