September 30, 2025-
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India’s gold and silver imports nearly doubled in September 2025 despite record-high domestic prices, as banks and jewellers rushed to build inventories ahead of the festive season and a possible increase in import...
India’s gold and silver imports nearly doubled in September 2025 despite record-high domestic prices, as banks and jewellers rushed to build inventories ahead of the festive season and a possible increase in import...
With 50% US tariffs on Indian exports looming, sectors like leather, textiles, and jewellery face significant job and revenue losses. While Brazil announced a $5.5 billion support package, India is considering only a...
The National Consumer Helpline (NCH) has logged nearly 3,000 complaints related to GST 2.0 tax cuts, according to Consumer Affairs Secretary Nidhi Khare. Issues primarily involve retailers not passing on tax benefits and...
Nearly half of senior BFSI executives (49%) view GIFT City as India’s strongest candidate for a global financial hub, according to a new PwC India survey. With 63% of respondents expressing interest in...
Bank of Baroda (BoB) has signed a co-lending agreement with IIFL Finance to expand credit access for agricultural and allied activities. The partnership aims to combine BoB’s low-cost funding strength with IIFL’s deep...
Citigroup has shifted nearly 1,000 technology jobs from China to its Indian Global Capability Centres (GCCs) as part of a global restructuring effort. The move follows a 3,500-job cut in China’s tech workforce...
IndusInd Bank is under regulatory and law enforcement scrutiny after its former CFO, Gobind Jain, alleged accounting lapses dating back to 2015 in its derivatives portfolio. Jain claims senior management, including ex-CFO SV...
The removal of GST on life and health insurance premiums has triggered a sharp spike in demand, with LIC recording ₹1,100 crore inflows on the very first day of implementation. The decision, effective...
The Finance Ministry (FinMin) has instructed banks, financial institutions, and CPSEs—including the RBI—to discontinue spending on festival gifts like Diwali hampers. The advisory, based on a Department of Public Enterprises (DPE) directive, is...
The Reserve Bank of India (RBI) has introduced standardised procedures for banks to settle claims of deceased customers, eliminating divergent practices across lenders. From now, nominees and survivors will not be required to...
The Reserve Bank of India (RBI) has imposed a ₹2.7 lakh penalty on Muthoot FinCorp Ltd for failing to comply with directions related to the Internal Ombudsman (IO) framework. An inspection revealed the...
Global Capability Centres (GCCs) in India are increasingly becoming launchpads for global leaders. Over the past two years, more than 10 executives from India’s GCCs have moved into CXO roles abroad at parent...
A majority of economists in an ET poll expect the Reserve Bank of India (RBI) to keep the repo rate steady at 5.50% during its October 1 policy meeting, despite inflation being below...
The Employees’ State Insurance Corporation (ESIC) added 20.36 lakh new employees to the ESI scheme in July 2025, marking a 5% rise from June. More than 31,000 establishments came under the scheme’s ambit,...
A joint venture between Bharti Enterprises and Warburg Pincus plans to raise ₹40 billion ($451 million) through a bond issuance to finance its acquisition of a 49% stake in Haier India. The offering,...
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