Currency watch: Rupee slips 13 paise to 86.47 against US dollar, crude prices and Middle East tensions weigh on sentiment
The rupee depreciated 13 paise to close at 86.47 against the US dollar on Wednesday, … Read more
Business
Top banks cut savings account rates after RBI rate cut decision; SBI drops to 2.5%, HDFC and ICICI now at 2.75%
Savings account holders will see reduced returns as major banks, including State Bank of India … Read more
Important update for UPS subscribers! Central government employees under Unified Pension Scheme eligible for OPS retirement, death gratuity benefits
The Ministry of Finance issued a notification in January, introducing UPS as an alternative under … Read more
Air India to cut overseas flights on wide-body aircraft by 15% at least till mid-July
NEW DELHI: Air India will reduce its international services on wide-body aircraft by 15% with … Read more
Crude surge pressures India’s FY25 CAD target, UBI says every $10 rise in oil may widen deficit by $15 billion; FY26 gap seen at 1.2% of GDP
India’s current account deficit (CAD) faces upward pressure in FY25 amid rising global crude prices, … Read more
Govt bond push: Sebi eases compliance rules for G-Sec FPIs, KYC norms and disclosure timelines relaxed
In a move aimed at boosting long-term foreign investment in Indian debt markets, Sebi on … Read more
Sebi reforms REITs and InvITs norms to align disclosures, cut entry size; allow broader role for merchant bankers
The Sebi board on Wednesday approved a set of amendments aimed at improving ease of … Read more
ICAI begins review of IndusInd Bank, Gensol accounts, says audit probe may take six months; disciplinary action to follow if lapses found
The Institute of Chartered Accountants of India (ICAI) has begun reviewing the financial statements of … Read more
Elon Musk’s Starlink faces new rival as Vi joins AST SpaceMobile, smartphone satcom service announced, launch date to be decided later
Vodafone Idea on Wednesday announced a strategic partnership with US-based satellite communications company AST SpaceMobile … Read more
Income Tax Return e-filing: Can you keep switching between new and old tax regime every year? What taxpayers should know
The new income tax regime offers lower tax rates and higher standard deduction compared to … Read more