India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Credit score: Understanding credit ratings is crucial for financial security. Good credit habits and knowledge dispel common myths. Credit score reflect financial obligations and are influenced by various factors beyond just the score itself, including employment and payment history. A credit score has a dramatic impact on your ability to borrow, secure the best loan terms possible, and even get a job or rent an apartment. More often than not, however, many myths surround credit ratings and make matters worse and confuse people who have made wrong financial decisions. Let us debunk some of the popular myths regarding credit score and explain the facts behind this valuable financial metric. 2. Income impacts the credit score: Credit score are solely determined by information in your credit report, which does not consider your income. Although income determines one's ability to service debt, an individual's good salary does not mean he has a good credit score. On the other hand, someone with a small salary maintains a good credit score if he manages his debt appropriately. 3. Loan approvals are based only on credit score: Your credit score is just one of the factors. These lenders consider your employment position, income stability, payback history, and the type of loan or credit product you are searching for. A strong credit score alone does not guarantee approval. 4. Closing old accounts improves your credit score: Closing an old credit account may seem like it is cleaning up your finances, but it could actually be damaging to your credit score. Older accounts make up the length of your credit history, and that's exactly what lenders use to measure your behaviour in regards to your money. Instead of closing those unnecessary accounts, work on managing them responsibly. 5. Debit cards improve your credit score: Debit cards help with managing daily costs but do not help you improve your credit score. Unlike credit cards, debit cards are not borrowing money from a lender; they draw directly from cash in your account. Improve your credit score by using credit responsibly and paying your obligations on time. Maintaining good credit status sometimes requires noting it, paying payments on schedule, and using credit responsibly. However, prudence in managing finances takes control for long-term financial success.
Pune (Maharashtra) [India], August 14: Gold has always held a special place in Indian homes, treasured for both its beauty and its lasting value. Beyond its cultural significance, gold jewellery has been a trusted financial backup for generations, helping families in times of need. Now, with Bajaj Finserv Gold Loan, this age-old tradition meets modern convenience. Also Read | 'Ruin the Friendship' and 'CANCELLED!': Are These Taylor Swift's Alleged Diss Tracks Targeting Blake Lively? Fan Theories Go Viral Amid 12th Album 'The Life of a Showgirl' Announcement. During the Prime Loan Festival, i ...Read More >
MUMBAI: Gold loans have emerged as the top product in new originations and the second-largest retail credit book in India at Rs 16 lakh crore, trailing only home loans at Rs 44 lakh crore, according to credit bureau TransUnion Cibil, even as consumer durable loans, largely for mobile phones, have become the main entry point for first-time borrowers, replacing two-wheelers and priority sector loans. According to TransUnion Cibil's credit market indicator report, credit markets improved in the third quarter of FY26. Demand rose on the back of GST rate cuts and festive season spending, while a sh ...Read More >
New Delhi: The Delhi High Court has reaffirmed that the personal liberty of two consenting adults to marry and live together peacefully is protected under Article 21 of the Indian Constitution. In a recent ruling, the court emphasised that family opposition cannot override this autonomy. Justice Sanjeev Narula stated that the Supreme Court has consistently upheld this principle, directing law enforcement to protect couples from threats or coercion. In this case, the court ordered police protection for a young couple who feared harassment from the woman's family. The couple had solemnised the ...Read More >
NewsVoir Pune (Maharashtra) [India], July 7: For today's go-getters and ambitious entrepreneurs and businesses, accessing quick business finance just got a lot more rewarding. Bajaj Finance Limited has launched 'Loan Utsav', a limited-time festive campaign designed to empower business owners with loans up to Rs. 80 lakh -- and exciting rewards like cashback up to Rs. 3,000 and brand vouchers to go with it. The Loan Utsav offer is valid from June 20, 2025, to July 31, 2025, and is available exclusively through the Bajaj Finserv App. The rewards are limited to the first 200 successful business ...Read More >
Gurgaon/Mumbai : Paisabazaar, India's largest consumer credit marketplace and free credit score platform, and YES BANK, India's sixth largest private sector bank, have announced the launch of the upgraded YES BANK Paisabazaar PaisaSave Credit Card. This co-created credit card now offers one of the highest dining and travel cashback benefits in its category. With a powerful 6% cashback on dining and travel spends, the revamped PaisaSave Credit Card delivers strong value with no joining fee, making it an ideal choice for consumers who are avid travellers, foodies and frequent diners. The upgra ...Read More >
The holiday season is a time full of joy and excitement - and, for many, a bit of financial stress. But here's a secret: Your credit card could be the holiday helper you didn't even know you needed. Here's how your credit card can lighten the load this holiday season. Rack up rewards Many credit cards offer rewards on your purchases, typically in the form of points, miles or cash back. Because the holidays tend to be a time of heavy spending for some, you have the opportunity to really take ad ...Read More >
NEW DELHI: India's new approach to treat any act of terror as an act of war has added a new dimension to the Navy's operational outlook after the conduct of Operation Sindoor against Pakistan, Admiral Dinesh K Tripathi said Friday."We must be prepared for this new normal," the Navy chief said at an investiture ceremony here. Over 35 Indian warships and submarines led by aircraft carrier INS Vikrant, with its MiG-29K fighters, were forward deployed in a dissuasive deterrent posture against Pakistan in the northern Arabian Sea last month."Our ships, submarines and aircraft were operationally rea ...Read More >
Pune: Passengers on board a Goa to Pune SpiceJet flight (SG-1080) had a scare on Tuesday evening when a window panel was found dislodged while the plane was mid-air.The airline played down the incident, saying the window part that had come off was "a non-structural trim component, fitted onto the window for the purpose of shade".But a person on board the plane -- a Bombardier Q400 -- told TOI the incident triggered anxiety among the passengers. "Two to three layers of the window panel just came off," said Aatish Mishra, the passenger."There was no depressurization, but this shouldn't have happ ...Read More >
Mumbai, Maharashtra, India - Business Wire India * Credit Conference 2025 designed to drive growth, financial inclusion, and ease of doing business in India * Leaders from banking, FinTech, and policy convened to discuss data-driven credit inclusion and the path to a credit-ready India * Expanding creditworthiness to support India's financial goals under the Bharat@2047 vision was a key theme As India's credit growth reaches new segments and geographies, the focus is shifting towards enabling access to financial services supported by data-driven insights, transparency, and informed risk manage ...Read More >
VMPL New Delhi [India], July 11: Owning a home is a dream for many families, as it represents security and long-term stability. A home loan often helps to fulfil this dream by providing financial support to purchase property. A home loan is a financial product that helps an individual to purchase residential property by borrowing funds from a lender. Understanding the potential benefits of a home loan may allow an individual to make better decisions. This article details out some key benefits of home loans in India. 10 Benefits of a Home Loan in India Here is a breakdown of some of the sign ...Read More >
MUMBAI: Early-stage delinquencies in micro-loans against property (micro-LAP) and micro-housing loans have been rising year-on-year, TransUnion CIBIL cautioned in its December 2025 Credit Market Report. The credit bureau also noted that lenders are increasingly prioritising borrowers with credit scores above 750 and a mature credit history. According to the report, delinquency levels in the micro-LAP segment rose by 45 basis points (bps) year-on-year to 3.3% as of September 2025. Early delinquencies-measured as loans 90 days or more past due within 12 months on book-increased by 29 bps YoY to ...Read More >
MUMBAI: RBI has mooted a unique, secure borrower identifier to avoid duplication and misreporting of data with credit bureaus, and to improve loan access for borrowers."Credit information companies rely on credit institutions to provide accurate and validated IDs. Without this, duplication and misreporting remain risks. We must move towards a unique borrower identifier, which is secure, verifiable, and consistent across the system," RBI deputy governor M Rajeshwar Rao said in his keynote address at the 25th anniversary of TransUnion Cibil. He stressed the importance of better data practices fo ...Read More >
New Delhi: First-time borrowers without a CIBIL score should not face outright rejection of loan applications, the government clarified in Parliament. Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha during the monsoon session that the Reserve Bank of India (RBI) has not prescribed any minimum credit score requirement for loan approval. RBI has advised banks and financial institutions not to reject applications solely due to lack of credit history. This enables new borrowers -- whether seeking education, housing, personal, or business loans -- to be assessed on other par ...Read More >
New Delhi, Nov 10 (PTI) The Delhi Police has busted multiple cyber fraud syndicates operating across India, arresting four men involved in large-scale digital arrest and investment fraud rackets and unearthing a Rs 5 crore cryptocurrency trail linked to Dubai-based handlers, an official said on Monday. According to police, multi-state raids were conducted in Delhi, Haryana, Punjab and Uttarakhand, during which several mobile phones, SIM cards, laptops, debit and credit cards, cheque books and other incriminating material were recovered. Investigators have also identified fake firms, mule acc ...Read More >
Pune (Maharashtra) [India], June 26: In times of financial emergencies or when immediate funds are required, individuals often find themselves searching for convenient and reliable sources of financing. Bajaj Finance Gold Loan emerges as an ideal solution, providing quick access to funds against the security of gold jewellery. Gold loans help borrowers meet their immediate funding requirements without compromising their overall financial well-being. Applying for an instant gold loan is much easier compared to traditional lending options. Bajaj Finance offers a quick and easy process, competit ...Read More >
BusinessWire India Mumbai (Maharashtra) [India], July 4: As India's credit growth reaches new segments and geographies, the focus is shifting towards enabling access to financial services supported by data-driven insights, transparency, and informed risk management. This transformation, along with collaborating to extend financial inclusion in India, saw industry leaders, policymakers, and innovators convene at the TransUnion CIBIL Credit Conference 2025 to explore how data, trust, and collaboration in the financial ecosystem are reshaping the way India lends, borrows, and builds resilience. ...Read More >
Pune (Maharashtra) [India], October 16: As the festive season lights up streets across India, many households look forward to fulfilling long-awaited dreams - from home upgrades to purchasing a brand-new two-wheeler. Among scooters, the Honda Activa has consistently remained a top favourite, celebrated for its reliability, fuel efficiency, and smooth ride quality. Models like the Honda Activa 6G and Honda Activa 125 continue to dominate the Indian market, offering advanced technology, superior comfort, and trusted performance. This festive season, Bajaj Finance makes two-wheeler ownership more ...Read More >
NewsVoirPune (Maharashtra) [India], October 16: As Diwali approaches, households across India are preparing for the festival of lights, with celebrations that include decorating homes, buying gifts, shopping for new clothes, and planning family trips. To help individuals manage these festive expenses efficiently, with Bajaj Finserv Personal Loan, a reliable financial solution providing quick access to funds, flexible repayment options, and a fully digital application process.Meeting festive finan ...Read More >
Gurugram : Women borrowers are emerging as some of the most reliable participants in India's credit ecosystem, according to behavioral insights from the financial empowerment platform Zavo. Drawing on activity across more than 3 million users on its platform, Zavo's data indicates that women borrowers consistently show stronger repayment discipline and higher engagement with their financial obligations than male borrowers. Within the platform, 948,000 users are women, accounting for 31.6% of the total user base. Yet despite representing roughly one third of borrowers, women account for 35% o ...Read More >
VMPL Pune (Maharashtra) [India], August 20: In India, the period from August to November is considered auspicious because of the various festivals celebrated during this time, including Ganesh Chaturthi and Diwali. These festivals are believed to bring happiness and prosperity. This positive sentiment makes the festive season the ideal time to invest in properties. Prospective homebuyers can also benefit from festive offers, such as special interest rates and slashed processing fees. To this end, Bajaj Finserv is offering home loans at attractive interest rates starting from just 7.35%* p.a.! ...Read More >
New Delhi [India], July 11: A business loan can help fund daily operations, growth plans, or asset purchases for new or established businesses. Lenders assess eligibility based on business age, credit score, financials, and documentation. Strong credit history, stable income, and proper documentation increase your chances of loan approval. Understanding these requirements helps you prepare effectively for a business loan and avoid rejections. This article explains the key criteria Indian lenders use to evaluate business loan applicants. Also Read | Paris Haute Couture Week 2025; Iris Van Herp ...Read More >
Pune (Maharashtra) [India], August 20: In India, the period from August to November is considered auspicious because of the various festivals celebrated during this time, including Ganesh Chaturthi and Diwali. These festivals are believed to bring happiness and prosperity. This positive sentiment makes the festive season the ideal time to invest in properties. Prospective homebuyers can also benefit from festive offers, such as special interest rates and slashed processing fees. To this end, Bajaj Finserv is offering home loans at attractive interest rates starting from just 7.35%* p.a.! Also ...Read More >
Warangal/Karimnagar: Muted salary growth, rising aspirations, higher costs, and financial mismanagement have become a deadly cocktail for the middle class people, especially salaried class, which is getting them sucked into a vortex of indebtedness. According to RBI, nearly a third of credit card users across India have either defaulted or made delayed payments in 2024. The surge in indebtedness is primarily driven by people's indiscriminate use of credit cards, which banks had issued easily to grow their business. If people go short of their bank balance, credit cards would be the first reso ...Read More >
Pune (Maharashtra) [India], August 14: Gold has always held a special place in Indian homes, treasured for both its beauty and its lasting value. Beyond its cultural significance, gold jewellery has been a trusted financial backup for generations, helping families in times of need. Now, with Bajaj Finserv Gold Loan, this age-old tradition meets modern convenience. During the Prime Loan Festival, individuals can unlock the true potential of their gold ornaments by pledging them as security and accessing funds quickly. The loan amount is based on the value of the gold, with competitive interest ...Read More >
CHENNAI: Asserting that a person with poor or no financial discipline cannot be trusted with public money, Madras high court confirmed State Bank of India's decision cancelling the appointment of a circle-based officer (CBO) due to a poor Cibil score."...the bank took a prudent decision that candidates with a history of default in repayment of loans and adverse Cibil reports were ineligible. The probable rationale behind the criteria may be that in the banking business employees deal with public money and, therefore, financial discipline needs to be strictly maintained," Justice N Mala said.Fu ...Read More >
New Delhi: The Madras High Court has agreed with the State Bank of India (SBI) after it cancelled a job offer to a candidate because of his poor credit history. The court said that good financial discipline is very important for people working in banks, as they handle public money. A candidate had successfully passed all the stages for the post of Circle Based Officer (CBO) at SBI. He cleared the written exam, interview, and medical checks. However, before joining, the bank checked his CIBIL credit report and found that he had a poor credit history, including several loan and credit card paym ...Read More >
Kolkata, Aug 14 (PTI) Chief Minister Mamata Banerjee on Thursday said India would not have got Independence if Bengal was not there, as personalities like Rabindranath Tagore and Subhas Chandra Bose, who contributed significantly to shaping the nation's destiny, were born here. Speaking at a function marking the 12th anniversary of the 'Kanyashree' scheme, Banerjee said Bengal is the beacon of hope which stands for unity amid diversity. "If Bengal was not there, India would not have got Independence. Bengal's soil has produced eminent people like Rabindranath Tagore, Nazrul Islam and Subhas ...Read More >
PNNNew Delhi [India], March 30: Life surprises you with unexpected turns. You think you have things under control and something sudden leaves you scrambling to fix things. Such instances are often accompanied by financial distress. To cope, you may consider a personal loan, which is an easy credit option with flexible terms. But what if you already have one? Can you get another, or can you simply opt for a top-up? Both options have their own perks. For instance, FIRSTmoney personal loan by IDFC F ...Read More >
New Delhi [India], August 14 (ANI): Border Security Force Sub-Inspector Vyas Dev and Constable Suddi Rabha are among those 16 personnel who have been awarded the Medal for Gallantry (GM) on the 79th Independence Day for showing their exceptional bravery and unmatched valour exhibited by them in Operation Sindoor. In addition, the President Medal for Distinguished Service (PSM) to five and the Medal for Meritorious Service (MSM) to 46 are also awarded to BSF officers and personnel. During Operation Sindoor, Sub-Inspector Vyas Dev and Constable Suddi Rabha were deployed in the forward posts of ...Read More >
VMPL Pune (Maharashtra) [India], August 14: Gold has always held a special place in Indian homes, treasured for both its beauty and its lasting value. Beyond its cultural significance, gold jewellery has been a trusted financial backup for generations, helping families in times of need. Now, with Bajaj Finserv Gold Loan, this age-old tradition meets modern convenience. During the Prime Loan Festival, individuals can unlock the true potential of their gold ornaments by pledging them as security and accessing funds quickly. The loan amount is based on the value of the gold, with competitive in ...Read More >