Credit card industry sees revolving balances moderate, says Axis Bank
Axis Bank says greater repayment awareness and digital reminders are reducing revolving balances, while card spending and EMI conversions continue to support growth
Profit by knowlytics
Axis Bank says greater repayment awareness and digital reminders are reducing revolving balances, while card spending and EMI conversions continue to support growth
‘Are we slaves to other?’ Kenya orders Tata Chemicals to end ops after 100 years
The two countries announced 10 outcomes, including a defence pact covering joint weapons production, as they seek to deepen economic and strategic cooperation
Two influential Dalit leaders in Bihar are embroiled in a public discourse about sub-quotas related to existing reservations. This rift within the Scheduled Caste community may stir up political complexities for the NDA government. The BJP must navigate the demands of anti-reservation activists and also its allies, who seek changes in reservation policy, even as…
Court says booth-level agents can be held liable only for information they can independently verify; Congress leaders had challenged ECI’s undertaking requirement
United Breweries sees significant headroom in India’s underpenetrated beer market, with premiumisation, state-level reforms and productivity measures driving growth
Industry seeks clarity on products allowing limited redraw and supply-chain finance, as well as whether recovery calls can be made through the mandated 1600-number series
ICRIER paper calls for a flexible E20 ethanol strategy as rapid growth in fuel demand outpaces feedstock availability, increasing pressure on food and feed markets
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Snowflake shares jumped 26% to $384 after the company reported a 37% rise in product revenue for the quarter, surpassing Wall Street expectations. Its updated outlook predicts $6.07 billion in product revenue for the fiscal year, fuelled by increased AI and cloud platform adoption.