August 13, 2025-
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India’s annual retail inflation (CPI) dropped to 1.55% in July, marking its lowest level since June 2017. According to government data, this figure came in below the 2.10% recorded in June and well...
India’s annual retail inflation (CPI) dropped to 1.55% in July, marking its lowest level since June 2017. According to government data, this figure came in below the 2.10% recorded in June and well...
With the Reserve Bank of India (RBI) mandating a June 30, 2025 deadline for IndusInd Bank to appoint its new Managing Director and Chief Executive Officer (MD & CEO), the bank’s board has...
In July, UPI (Unified Payments Interface) recorded a staggering 19.5 billion transactions amounting to ₹25 lakh crore. While groceries and supermarkets dominated by volume, debt collection agencies emerged as the highest-value recipients—highlighting UPI’s...
Reserve Bank of India Governor Sanjay Malhotra has clarified that minimum balance requirements for savings accounts are not regulated by the RBI. Instead, individual banks are empowered to determine their own thresholds based...
The government unveiled the updated Income Tax Bill 2025 in Parliament, introducing several reforms aimed at simplifying tax compliance and extending targeted relief to taxpayers. Notable highlights include full deduction for commuted pension...
After a strong rally on Monday—whereby the Nifty 50 surged by 221.75 points (0.91%) to 24,585.05 and the BSE Sensex rose 746.29 points (0.93%) to 80,604.08—institutional optimism met cautious sentiment on Tuesday as...
Following a challenging FY25 marked by accounting irregularities and a leadership reshuffle, IndusInd Bank is recalibrating for growth with a renewed focus on retail deposits, secured retail lending, MSME portfolios, and rural outreach....
After withdrawing the original Income Tax Bill, 2025 due to drafting errors and ambiguities, the Government of India will reintroduce a revised version in the Lok Sabha today. The updated Bill addresses key...
On Monday, India’s benchmark indices saw a modest rebound, with the Nifty 50 rising 0.3% to 24,436.8 and the Sensex gaining 0.31% to 80,108.2 by 10:30 a.m. IST. Gains were led by SBI...
the Securities and Exchange Board of India (SEBI) mandated financial intermediaries—including mutual funds, stockbrokers, PMS, AIFs, RIAs, depositories, and exchanges—to make their digital platforms fully accessible to persons with disabilities (PwDs), aligning with...
The State Bank of India (SBI) characterizes the RBI’s decision to hold the repo rate at 5.5% as a “technical pause.” With inflation projected to stay below 3% through Q3 FY26 and likely...
Despite bold campaign promises and sweeping tariffs, former U.S. President Donald Trump’s ambition to revitalize American manufacturing is faltering. Recent reports highlight that the U.S. manufacturing sector is facing a persistent downturn, marked...
India’s retail credit market reached ₹82 trillion in FY 2025, growing at a 15.1% CAGR since FY 2019, and is projected to expand further at 14–16% per annum through FY 2028. Strong demand across housing, auto,...
At its August 6 meeting, the Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously maintained the repo rate at 5.5% and retained a neutral stance. This marks the first pause after three...
In a landmark decision, the Delhi High Court has clarified a key procedural aspect under the Goods and Services Tax (GST) regime. The Court held that the phrase “three months” used in Section...
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