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From SBI, HDFC to ICICI Bank: Why credit card issuers are tightening their reward policies
economictimes_indiatimes118d ago

From SBI, HDFC to ICICI Bank: Why credit card issuers are tightening their reward policies

Credit card companies are changing reward systems. American Express is shifting to a milestone structure for its Platinum Travel Card. Other banks like ICICI Bank, SBI, and HDFC Bank are also adjusting perks. These changes require higher spending for benefits. Users must adapt their strategies for optimal card usage.

#COMMODITIES
₹30K salary, ₹40L debt: Gen Z debt trap & 7 red flags
economictimes_indiatimes118d ago

₹30K salary, ₹40L debt: Gen Z debt trap & 7 red flags

Young Indians, particularly Gen Z, are facing a growing debt crisis. Easy digital loans and lifestyle demands are pushing them into significant debt. Many struggle to repay, leading to harassment and financial ruin. Experts highlight the need for responsible borrowing and financial literacy to navigate these challenges and avoid a widespread crisis.

#COMMODITIES
“75% of SIPs get stopped”: Madhu Lunawat on why retail money is exiting as fast as it’s entering mutual funds
economictimes_indiatimes118d ago

“75% of SIPs get stopped”: Madhu Lunawat on why retail money is exiting as fast as it’s entering mutual funds

The Wealth Company Asset Management, India's newest fund house, is making waves. CEO Madhu Lunawat is prioritizing distributor partnerships and understanding investor behavior. This approach aims to build trust and long-term investment. The company is also launching unique schemes like an Ethical Fund. Their strategy focuses on education and merit-based investments in a growing market. She talks on fixing distribution gaps, resisting hype and building a performance-led fund house, in conversation with Kayezad E. Adajania.

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Sebi’s FoF reset: Gains and gaps for you
economictimes_indiatimes118d ago

Sebi’s FoF reset: Gains and gaps for you

Investors are flocking to multi-asset funds, with new 'omni' and fund-of-funds (FoF) variants emerging. These newer offerings provide manager diversification and style diversification, along with favourable tax treatment. However, they lack exposure to foreign equities, limiting global diversification compared to traditional multi-asset funds.

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Pisces Horoscope Today, February 23, 2026: Patience is key as you navigate challenges
toi118d ago

Pisces Horoscope Today, February 23, 2026: Patience is key as you navigate challenges

Today brings work pressure and heightened emotions. Patience is key as you navigate challenges. Support from a younger sibling offers strength. Career and finances require diligent effort and clear communication. Avoid impulsive spending and prioritize rest. Focus on steady progress and inner commitment for a balanced day.

#TECH
Bank to business lending growth to halve amid global tensions
cityam118d ago

Bank to business lending growth to halve amid global tensions

UK bank to businesses lending growth is forecast to halve this year as firms feel the pinch of challenging conditions amid global tensions. Net growth in the value of lending from the banking sector to businesses is tipped to slow to 3.5 per cent this year, standing at nearly half of the 6.9 per cent [...]

#ECONOMY