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NSE Clearing introduces shorter-tenure SLBM contracts from August 17

NSE Clearing introduces shorter-tenure SLBM contracts from August 17

Moneycontrol.com

NSE Clearing will introduce shorter-tenure contracts under the Securities Lending and Borrowing Scheme from August 17. These new R3 series contracts allow market participants to execute transactions with a three-day settlement cycle. The move aims to give traders and investors greater flexibility when managing their short-term borrowing and lending requirements daily.

Tap to Read More15 Aug 6:30 AM
ICF diversifies into freight trainsets, targets new milestones

ICF diversifies into freight trainsets, targets new milestones

BusinessLine

The Integral Coach Factory in Chennai developed Freight Electric Multiple Unit trainsets to diversify its technology beyond passenger travel. General Manager Manish Agarwal said, "The Freight EMU has generated keen interest among stakeholders." The factory also achieved a record outturn of 3,405 coaches in 2025-26, marking a 13 per cent increase.

Tap to Read More15 Aug 7:19 AM
Rs 100 thali, 65 customers a day: How a small village food shop generates Rs 1.95 lakh monthly sales

Rs 100 thali, 65 customers a day: How a small village food shop generates Rs 1.95 lakh monthly sales

MoneyControl

A small village food shop earns Rs 1.95 lakh monthly by selling Rs 100 thalis to 65 customers daily. The owner and his wife run the business, using farm-grown vegetables to keep costs low. While many praise this model, some say the claimed 60% profit margin needs more careful study.

Tap to Read More15 Aug 4:55 AM
India changes two-decade old rule to make you watch more advertisements during TV shows

India changes two-decade old rule to make you watch more advertisements during TV shows

Economic Times

The Ministry of Information & Broadcasting scrapped a two-decade-old rule on Friday that limited television advertisements to 12 minutes per hour. The government said this move will enable fair competition and ensure ease of doing business. Many channels now hope this change helps them grow alongside the evolving digital media.

Tap to Read More15 Aug 5:22 AM
Mahindra's Formula E stay a long-term strategy, not an up-and-down manufacturer cycle: Bertrand

Mahindra's Formula E stay a long-term strategy, not an up-and-down manufacturer cycle: Bertrand

Economic Times

Mahindra Racing will stay in Formula E through the Gen4 era until at least 2030. CEO Frederic Bertrand said, "It's the place where we have to showcase what we can do." The team uses racing to develop electric vehicle technology, aiming to transfer software and engineering expertise to road cars.

Tap to Read More15 Aug 6:10 AM
Credit Card Debt: How you can break free from high-cost debt and move towards financial freedom, an expert explains

Credit Card Debt: How you can break free from high-cost debt and move towards financial freedom, an expert explains

mint

Credit card debt often stops people from reaching financial freedom due to high interest costs. On 15 August, experts suggested ways to manage these balances. Raj P Narayanam said, "Financial freedom isn't just about earning more, it's about owing less." Paying your full outstanding amount every month helps avoid traps.

Tap to Read More15 Aug 6:12 AM
Max Estates Q1 profit drops 30% to ₹8.35 cr; total income stays flat at ₹80 cr

Max Estates Q1 profit drops 30% to ₹8.35 cr; total income stays flat at ₹80 cr

Business Line

Max Estates reported a 30 per cent drop in consolidated net profit to ₹8.35 crore for the quarter ended June. Total income stayed flat at ₹80.07 crore compared to ₹80.12 crore last year. The firm, which started in 2016, has many residential and commercial projects across the Delhi-NCR region today.

Tap to Read More15 Aug 5:04 AM
Domestic LPG e-KYC deadline looms, no clarity; agencies to stay open today, tomorrow

Domestic LPG e-KYC deadline looms, no clarity; agencies to stay open today, tomorrow

The Telegraph

The deadline for domestic LPG consumers to complete biometric Aadhaar authentication expires this Sunday. Many agencies will remain open on August 15 and 16 to help customers. An Indian Oil official said, "A suitable decision will be taken at the suitable time." Consumers who miss the deadline may face payment issues.

Tap to Read More14 Aug 11:04 PM
Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJ

Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJ

Economic Times

Nvidia revised plans to support an OpenAI data center project in Ohio, now guaranteeing less than $120 billion instead of $250 billion. The Wall Street Journal reported on Friday that the change followed investor concerns about risk. A deal for the first project phase could be signed this weekend.

Tap to Read More15 Aug 2:06 AM
After the Uniform: A financial transition guide for the Retiring Officer

After the Uniform: A financial transition guide for the Retiring Officer

MoneyControl

Retiring officers face a major financial shift when their regular salary stops. The author says, "That morning is the most financially dangerous day of a soldier's life." To manage this, veterans should commute their pension, keep DSOP funds, buy a home first, and start a serious second career soon.

Tap to Read More15 Aug 1:37 AM
Beating Inflation in FY27: What FD Rates Mean for Real Returns on a Bajaj Finance Fixed Deposit

Beating Inflation in FY27: What FD Rates Mean for Real Returns on a Bajaj Finance Fixed Deposit

mint

Inflation impacts the purchasing power of money in FY27, making it vital for investors to track real returns. Bajaj Finance Fixed Deposit offers assured returns and flexible tenures to help people plan better. Using their interest rate calculator helps many compare different scenarios to keep their savings ahead of rising costs.

Tap to Read More15 Aug 3:47 AM
Paying rent using a credit card? These common mistakes could lower your CIBIL score

Paying rent using a credit card? These common mistakes could lower your CIBIL score

mint

Paying rent with a credit card can lower your CIBIL score. AU Small Finance Bank said, "This fee can range from 1% to 3% of the rent amount." Using a large part of your limit for rent pushes up credit utilisation, which often hurts your score and creates debt traps.

Tap to Read More15 Aug 2:15 AM
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