RBI Urged to Relax Rules for Bank Financing of M&As
Mumbai, India: The Indian Banks’ Association (IBA) has requested the Reserve Bank of India (RBI) to review its long-standing restrictions...
GST Exemption Insurance: Relief Plan on the Table
The Centre has put forward a proposal that could bring real relief to families across India—GST exemption insurance for individual...
Karnataka’s Debt Surges to ₹63,000 Crore in FY24, CAG Blames Guarantee Schemes
Bengaluru, August 20, 2025 – Karnataka’s financial health has come under the spotlight after the Comptroller and Auditor General (CAG)...
ICICI Bank Hikes Minimum Balance, Faces Customer Backlash and Rollback
Introduction ICICI Bank MAB changes made headlines this month after the bank sharply increased the minimum average balance (MAB) for...
Rupee Slides as Trump Tariffs Hit Exports, RBI Steps In
The Indian rupee remains under pressure against the US dollar, weighed down by the impact of President Donald Trump’s steep...
Parliament approves new Income Tax Bill 2025, set to replace 1961 Act after six decades
India's Parliament on Tuesday passed the new Income Tax Bill, 2025, set to replace the six-decade reign of the Income...
Sebi Turns Down Anil Ambani’s Settlement Plea in Yes Bank Bond Case; ₹1,828 Crore Investor Losses Flagged
New Delhi, India: The Securities and Exchange Board of India (Sebi) has refused a request from Anil Ambani to resolve...
HPCL Jumps Over 2% to Lead Midcap Gainers in Friday Trade
Hindustan Petroleum Corporation Ltd (HPCL) gained 2.10% during Friday’s trading session, emerging as one of the top performers on the...
Nationwide UPI Glitch Halts Digital Payments for Millions
On August 7, 2025, a major UPI outage disrupted digital payments across India. Users faced issues on Google Pay, PhonePe,...
Mahindra Empowers 23,000 Staff with ₹400–500 Cr Stock Rewards
Mahindra Launches Inclusive ESOP Program Mahindra & Mahindra has rolled out a ₹400–500 crore ESOP grant for 23,000 employees across...