Key takeaway: The Discover integration is beginning to contribute to Capital One’s purchase volume, which increased 26% from a year earlier. Expert quote: “We continue to build momentum from the game-changing acquisition of Discover. Even though some individual variables in our deal model have moved … We still expect our earnings power on the other…
The 8th Pay Commission will complete nine months in August since its constitution on 3 November 2026, having covered half of its allocated time within the permitted 18-month tenure. The fitment factor remains the biggest area of interest for central government employees and pensioners, as employee unions and associations press for a fitment factor exceeding…
Mumbai: Overseas investors remained net buyers across sectors in the first half of July, marking a second consecutive fortnight of inflows and the strongest purchase since early February, according to NSDL data. Consumer services, including e-commerce and hotels, attracted the highest foreign buying during the period, followed by metals and mining and healthcare. In contrast,…
Follow Airbus SE (EADSY) Discusses Business Updates and Outlook Across Key Segments July 21, 2026 12:30 PM EDT Company Participants Jean-Christophe Henoux – Head of Investor Relations & Financial CommunicationGuillaume Faury – CEO & Executive DirectorThomas Toepfer – Chief Financial OfficerLars Wagner – Chief Executive Officer of Commercial Aircraft business AirbusMichael Schoellhorn – Chief Executive…
The Central Board of Direct Taxes (CBDT) has recently notified the ₹20,000 crore zero-coupon bond issue. This is an issue of the National Bank for Financing Infrastructure and Development (NaBFID). These bonds differ from regular bonds in that they do not provide periodic interest payments. Instead, investors earn returns from the difference between the discounted…
The Department of Housing and Urban Development has suspended funding for the Virgin Islands Housing Finance Authority (VIHFA) after it said widespread financial mismanagement, inadequate fraud controls, false certifications, and improper payments were uncovered during a HUD-initiated investigation. The announcement was made by HUD Secretary Scott Turner. HUD said in a release that almost a…
The London Stock Exchange (LSE) will open a new venue outside of its regular market hours, a move to offer “near-continuous trading” and better compete with the 24/7 trading espoused by crypto platforms. The new offering, which will be called LSE 24, will operate from 5 pm until 7:50 am in London and is expected…
Latin America has always rewarded banks that can live with complexity. Regional corporate treasures rarely deal with a single challenge: currencies move, politics shift and commodity cycles turn. National champions increasingly find themselves buying assets, raising capital, managing liquidity and hedging risk across borders. That is where Citi’s Latin American franchise has become most valuable….
Classroom Published: Tuesday, July 21, 2026, 20:23 [IST] Inter-state commuters who have to purchase a toll pass for their daily travel can now ditch the queue at toll plazas and purchase one online. Under the new digital framework, commuters can visit the toll plaza physically and submit supporting documents for a toll pass. The state-owned…
Talking on the phone and smoking cigarettes could soon share something in common: being legally banned on airplanes. A bill introduced by lawmakers in the House of Representatives last month would make taking phone or video calls from the air illegal, an issue that’s becoming increasingly relevant as WiFi access in the skies expands. Former…