Do multiple credit cards improve or hurt your credit score? Find out

Do multiple credit cards improve or hurt your credit score? Find out

Owning several credit cards can be an advantage — but only when you manage them. Done well, multiple cards can boost your credit profile by improving credit utilisation, building a reliable repayment history, and strengthening your credit mix. Handled poorly, they can trigger high interest charges, missed payments and a lower credit score. How multiple … Read more

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