HDFC Bank expects slower credit growth in FY25; maintains steady NIMs amid rate cut prospects

HDFC Bank's credit growth is expected to lag behind the industry in FY25 but align with the overall industry growth rate by FY26, according to Sashidhar Jagdishan, Managing Director and CEO of HDFC Bank, during the Q2FY25 conference call. By FY27, the bank anticipates outpacing the industry in credit growth. Read more

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GST GoM proposes major rate adjustments, aims to boost revenue by Rs 22,000 crore

In a significant move, the Goods and Services Tax (GST) Group of Ministers (GoM) has agreed upon a slew of rate revisions that are expected to bring in an additional Rs 22,000 crore annually. According to sources, these proposals are set to be presented to the GST Council during its upcoming meeting in November. The proposed changes aim to both raise taxes on luxury and sin goods and provide relief on essential items. Read more

Top car loan interest rates from 18 banks to buy a car this festive season

The festive season is the ideal time to purchase a car in India, with top banks offering competitive car loan interest rates. Many banks provide benefits like zero prepayment charges, cashback offers, and lower documentation fees during this period. Comparing interest rates and offers from these top 18 banks can help you find the best deal for your car financing. Read more

Acer Nitro V 16 launched with 14th-generation Intel core processors, price starts at Rs 99,999

Acer has introduced the Nitro V 16 laptop in India, featuring Intel's 14th Gen processors. Designed to cater to both gamers and content creators, the new model aims to enhance productivity and gaming performance. It comes equipped with Intel's latest 14th Gen Core i7 14650HX and i5 14450HX processors, providing efficient power usage and fast processing capabilities for demanding tasks. Read more

Tech Mahindra to prioritise margins over large deals for now

Tech Mahindra will focus on protecting its margins over chasing large deals, Mohit Joshi , CEO and MD of the IT major said during the company's post-earnings conference call on October 19. Read more

Delhi entrepreneur had 'sleepless nights', 'lost work-life balance' for dream life. Internet is not impressed

A 23-year-old entrepreneur from Delhi, Kushal Arora, has ignited an online debate after posting about the sacrifices he has made in pursuit of success. The young business owner shared a post highlighting his long work hours and lack of sleep, framing these choices as necessary steps towards building a "dream life." Read more