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Flash News

Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why

Forex reserves fall $2.06 billion after eight consecutive weeks of gains

FM asks banks to ensure uninterrupted services

Re pares loss on RBI move, up at 85.37/$

Vague war clauses cloud IPL cover

Sunil Mittal in race to buy $2 billion stake in Haier India

Sensex slides 880 points as foreign funds turn sellers

Satcom companies need to pay 4% fee on revenue: Trai

Travel companies boycott Turkiye & Azerbaijan

Banks, oil companies say no disruption in service, everything is normal

Saturday, May 10, 2025
Breaking News

Flipkart IPO on the cards in 12-15 months – likely to be largest share issue by a new-economy company

December 9, 2024
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Spread the loveFlipkart, India’s leading e-commerce company, is preparing for a landmark IPO within the next 12-15 months. The Walmart-owned company, valued at $36 billion, aims to list in India … Read More

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RBI cuts CRR: Will bank fixed deposit rates come down soon?

December 9, 2024
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Spread the loveBank fixed deposit rates are expected to remain stable through FY25 due to sufficient liquidity from reduced credit expansion and a recent CRR cut. While a downward trend … Read More

Breaking News

Mahila Samman Savings Certificate: Last few months to apply for MSSC scheme; get 7.5% interest rate – details here

December 9, 2024
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Spread the loveThe Mahila Samman Savings Certificate (MSSC) scheme, launched in March 2023, offers a 7.5% interest rate to women and minor girls until March 31, 2025. Over 43 lakh … Read More

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HDFC Bank hikes MCLR by up to 5 basis points; here are the latest HDFC Bank lending rates

December 9, 2024
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Spread the loveHDFC Bank has raised its Marginal Cost of Funds-Based Lending Rate (MCLR) by up to 5 basis points for short-term loans. The overnight MCLR now stands at 9.20%, … Read More

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ICICI Bank customers take note! This money transfer service will not be available for some time on December 14 & 15

December 9, 2024
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Spread the loveICICI Bank has scheduled RTGS maintenance on December 14, 2024, and on December 15, 2024, delaying incoming and outgoing transactions. Customers can still use NEFT, IMPS, and UPI … Read More

Breaking News

Auto retail sales rise by 11.21 % in November driven by two-wheeler demand: FADA

December 9, 2024
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Spread the loveRetail vehicle sales saw an 11.21% rise in November 2024, driven by a 15.8% surge in two-wheeler demand. However, passenger vehicle sales dropped 13.72% due to weak market … Read More

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66% businesses in India resort to bribe to get their work done: Report

December 9, 2024
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Spread the loveA LocalCircles report revealed 66% of Indian businesses admitted to paying bribes in the last year. 54% felt coerced, while 46% bribed voluntarily for faster processing. Despite digitization, … Read More

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Stock market today: BSE Sensex ends 201 points down; Nifty50 above 24,600

December 9, 2024
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Spread the loveStock market today: Indian benchmark indices declined on Monday, with consumer stocks leading the downturn following Godrej Consumer Products’ disappointing third-quarter outlook and automotive shares falling after poor … Read More

Breaking News

New RBI governor: Who is Sanjay Malhotra? Meet the Revenue Secretary who will succeed Shaktikanta Das as 26th RBI governor

December 9, 2024
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Spread the loveSanjay Malhotra, the Revenue Secretary, has been appointed as new Reserve Bank of India (RBI) governor by the Narendra Modi government. Malhotra will succeed Shakikanta Das whose tenure … Read More

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Revenue secretary Sanjay Malhotra appointed new RBI governor

December 9, 2024
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Spread the loveSanjay Malhotra, a 1990-batch IAS officer, has been appointed as the 26th RBI Governor, succeeding Shaktikanta Das. Malhotra’s three-year term begins Wednesday. His background includes roles in finance, … Read More

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Recent Posts

  • Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why
  • Forex reserves fall $2.06 billion after eight consecutive weeks of gains
  • Satcom companies need to pay 4% fee on revenue: Trai
  • Sensex slides 880 points as foreign funds turn sellers
  • Sunil Mittal in race to buy $2 billion stake in Haier India

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