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The share of fresh businesses entering the formal credit system fell to 42 per cent in 2025-26 from 52 per cent in 2022-23, even as outstanding commercial credit grew 14 per cent, said Shirish Chandra Murmu, deputy governor, Reserve Bank of India (RBI), flagging that banks’ stronger data and analytical capabilities were not translating…
Commercial vehicle loans recorded the highest early-stage delinquency among vehicle finance products, with portfolio at risk (PAR) 31-90 at 4.1 per cent in June 2026. Auto loans remained the best-performing asset class across both PAR 31-90 and PAR 91-180, according to a CRIF High Mark report. The vehicle finance portfolio grew at…
The US Securities and Exchange Commission is preparing to take “responsibility” of the Consolidated Audit Trail, the massive database of trade information used to identify bad actors in US financial markets. On Monday last week, SEC chairman Paul Atkins laid out his plans for the Cat’s future in a letter to Robert Walley, the chair…
NEW YORK, Aug. 19, 2026 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”), of the important August 25, 2026 lead plaintiff deadline. So what: If you purchased Futu securities during the…
The proposal also introduces a conditional safe harbor that would exclude certain crypto assets from the definition of an “investment contract” under the Securities Act of 1933 and the Securities Exchange Act of 1934, provided specified conditions are met. Assets that fall outside the investment contract definition are not securities and thus not subject to…
Social Security was supposed to be one part of the “three-legged stool” of retirement planning, alongside personal savings and a pension. But as pensions have become rarer and living costs have risen faster than income, it’s become the entire retirement plan for some Americans. While the idea of monthly benefits for life is reassuring, many…
Tax-free allowances let you shield some of your savings and investments from the taxman. For instance, you can put £20,000 into tax-sheltered ISAs each tax year, and you won’t have to pay tax on any interest or investment returns earned on it. Each allowance has its own rules, and they can be difficult to keep…
Americans’ disdain for artificial intelligence is nothing new. Recent polling shows that 52% of U.S. adults feel more concerned than excited about the growth of AI in daily life, while nearly three quarters of Americans oppose the construction of new data centers in their areas. But different research shows it’s not just the tech itself…
In trading on Wednesday, shares of the SPDR Gold Shares ETF (Symbol: GLD) crossed above their 200 day moving average of $412.74, changing hands as high as $413.36 per share. SPDR Gold Shares shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of GLD shares, versus…
Etched, an artificial intelligence (AI) firm that designs chips, racks, software, and manufacturing methods that aim to provide best-in-class throughput, latency, cost, and power efficiency, reported yesterday that it had raised $700 million at a valuation of $21 billion. The funding round was led by financial trading firm Jane Street. Other investors included Kleiner Perkins,…