Business
ICICI Bank reduces minimum average balance for new savings accounts after backlash
August 14, 2025
ICICI Bank reduces minimum average balance for new savings accounts after backlash
Facing widespread outrage, private lender ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000…
India’s gems & jewellery exports jump 16 pc in July ahead of US tariff deadline
August 14, 2025
India’s gems & jewellery exports jump 16 pc in July ahead of US tariff deadline
The overall gross exports of gems & jewellery registered a robust increase of 15.98 per cent to $2.18 billion (Rs…
NPCI bans P2P collect requests in UPI from October 1
August 13, 2025
NPCI bans P2P collect requests in UPI from October 1
In order to address financial fraud, National Payments Corporation of India (NPCI) has directed banks and payment apps to halt…
Domestic mineral industry set to benefit from India-UK trade pact
August 13, 2025
Domestic mineral industry set to benefit from India-UK trade pact
The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to benefit the domestic mineral sector, according to the Ministry…
India’s CPI inflation plunges to 8-year low of 1.55 pc
August 12, 2025
India’s CPI inflation plunges to 8-year low of 1.55 pc
India’s inflation rate based on the Consumer Price Index (CPI) eased further to 1.55 per cent in July this year,…
New I-T Bill: No ITR filing exemptions for small taxpayers, late filers can claim refunds
August 12, 2025
New I-T Bill: No ITR filing exemptions for small taxpayers, late filers can claim refunds
The new Income Tax Bill, 2025, passed by the Lok Sabha, clarifies that late-return filers are eligible for refunds on…
Banks free to decide on minimum account balance: RBI Governor on ICICI Bank hike
August 11, 2025
Banks free to decide on minimum account balance: RBI Governor on ICICI Bank hike
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the minimum balance limit for saving accounts will…
Indian rupee strengthens against US dollar despite tariff concerns
August 11, 2025
Indian rupee strengthens against US dollar despite tariff concerns
The Indian rupee opened stronger on Monday, amid additional 25 per cent tariff proposed by US President Donald Trump on…
RBI proposes new rules for faster settlement of claims on accounts, lockers of deceased customers
August 11, 2025
RBI proposes new rules for faster settlement of claims on accounts, lockers of deceased customers
The Reserve Bank of India (RBI) has proposed new rules to make it easier and faster to settle claims on…
Gold prices end firm this week amid tariff concerns
August 10, 2025
Gold prices end firm this week amid tariff concerns
Indian bullion prices ended marginally higher this week amid global market cues and higher festive demand. By mid-week, gold prices…