MUMBAI: Reserve Bank of India has expanded the range of free services that any customer can receive from a zero-balance zero-fee basic savings bank deposit account, directing lenders to treat the product as a normal savings service rather than a stripped-down alternative.Banks have also been directed to convert existing accounts into BSBD accounts if they…
NEW DELHI: The Lok Sabha on Wednesday gave its nod to the the nuclear energy bill called the “Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI), 2025”. The bill was passed as opposition staged a walkout, during the ongoing Winter Session.The amended bill was tabled in the lower house, with introduction…
NEW DELHI: Helped by tax cuts and a healthy monsoon, the Indian passenger vehicles market is on course to end 2025 with record sales, with companies ranging from Maruti Suzuki, M&M, to Toyota and Kia reporting all-time high demand. In 2025, Tata Motors overtook Hyundai to emerge as the second largest player in the domestic…
PM Modi and Brazilian President Luiz Inacio Lula da Silva (File photo) Officials are finalising a set of India–Brazil agreements expected to be signed during Brazilian President Luiz Inacio Lula da Silva’s official visit to India next week, with the proposed pacts likely to boost pharmaceutical exports, strengthen cooperation in critical minerals and support the…
US treasury secretary Scott Bessent attacked the India-EU free trade agreement set to be announced on Tuesday, accusing Europe of indirectly funding the Russia-Ukraine war through energy trade routed via India. The pact has been dubbed as “mother of all deal,” by both Indian and European leaders. The senior aide to President Trump said European…
MUMBAI: Precious metal prices crashed on Thursday after oil rallied to a near three-year high, raising inflation concerns and the US Federal Reserve maintained a status quo on rates. As a result, the price of gold on New York Commodity Exchange (Comex) crashed nearly 6% and was trading just above the $4,600/ounce (Oz) in late…
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NEW DELHI: Samajwadi Party leader Abu Azmi on Tuesday launched a sharp attack on actor Salman Khan over his presence at the RSS’s 100th anniversary celebrations, alleging that the Bollywood star may have attended the event under pressure. He also claimed that the actor lacks the courage to refuse to an invitation sent by the…
Karnataka deputy CM DK Shivakumar meets Congress president Mallikarjun Kharge at his residence in Bengaluru (PTI) NEW DELHI: Karnataka deputy chief minister DK Shivakumar on Thursday met Congress President Mallikarjun Kharge at his residence in Bengaluru amid speculation over the state leadership issue. Speaking to reporters later, Shivakumar clarified that the discussion was, however, not…
Foreign Institutional Investors (FIIs) are set to mark their biggest-ever exit from Indian stocks in 2025. They have pulled out Rs 1,58,407 crore, making it the largest withdrawal since they started investing in India. This record outflow combines Rs 2,31,990 crore in stock market sales and Rs 73,583 crore in primary market investments up to…
