What is a credit mix, and how can it strengthen your credit score

What is a credit mix, and how can it strengthen your credit score

Why a strong credit mix matters Your credit score reflects not just whether you pay on time, but how you handle different kinds of borrowing. A balanced mix of loans (installment credit) and credit cards (revolving credit) signals to lenders that you can manage both long-term obligations and flexible credit lines. That diversity can improve … Read more

Rupee slips 2 paise to settle at 88.65 against US dollar

Rupee slips 2 paise to settle at 88.65 against US dollar

Rupee slips as global risk-off mood and strong dollar weigh The rupee weakened today, pressured by a global risk-off sentiment and a firm US dollar. Markets moved cautiously as investors sought safer assets, leaving emerging-market currencies like the rupee vulnerable. Key drivers behind the fall Strong US dollar: A firmer dollar reduced demand for riskier … Read more

Rupee drops 3 paise to 88.66 against U.S. dollar in early trade

Rupee drops 3 paise to 88.66 against U.S. dollar in early trade

The Indian rupee slipped as traders pointed to intense selling in domestic equity markets and a rise in crude oil prices overseas. Forex participants said these twin pressures have weighed on the currency, prompting investors to reassess short-term positions. What pushed the rupee lower Two main forces are at work. First, heavy selling in equities … Read more

Piramal Finance open to patient foreign capital, but no quick deals yet: CEO

Piramal Finance open to patient foreign capital, but no quick deals yet: CEO

Piramal Finance seeks patient foreign partners for steady growth Piramal Finance has signaled openness to strategic foreign investment, but with a clear message: any capital should support long-term growth rather than short-term gains. The company is positioning itself to scale deliberately, prioritising sustainable expansion over quick returns. Ambitious AUM goal for FY28 The firm aims … Read more

Will nomination make me sole owner of the asset?

Will nomination make me sole owner of the asset?

Nominee on a fixed deposit is not the same as owner Being named as a nominee on a fixed deposit (FD) makes it easier for banks to identify who to pay after the depositor’s death. It does not turn the nominee into the automatic owner of the funds. Legal heirs and beneficiaries named in a … Read more