A Major Step Toward Sustainable Urban Development India’s housing sector is witnessing a transformational moment as International Finance Corporation (IFC), a member of the World Bank Group, partners with HDFC Capital Advisors, a leading real estate-focused investment manager and subsidiary of HDFC Ltd, to launch a $1 billion fund focused on green affordable housing. This […]
In a move aimed at enhancing consumer convenience and streamlining financial processes, the Reserve Bank of India (RBI) has unveiled three major reforms focused on banking customers. These steps, announced in the August 2025 monetary policy review, are designed to simplify re-KYC (Know Your Customer) processes, ease claim settlements in case of deceased bank account
In its latest policy review on 6 August 2025, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.50%, maintaining a “neutral” stance. This decision follows aggressive rate cuts earlier this year to boost consumption. Governor Sanjay Malhotra stated that while inflation has moderated and is expected to remain within the target
Effective 7 August 2025, the U.S. has implemented a 25% tariff on Indian goods, including agriculture, apparel, electronics, pharmaceuticals, and seafood sectors. It has also denied India tariff exemptions, raising fears among exporters over rising costs and exposure to retaliatory actions.Economists warn that the tariffs could shave off up to 40 basis points from India’s
Here’s a detailed overview of daily ATM withdrawal limits for major banks in India as of mid‑2025, including free transaction rules and tips to avoid fees: 🏦 ATM Withdrawal Limits by Bank (Per Day) SBI (State Bank of India) HDFC Bank ICICI Bank Axis Bank Canara Bank Other Banks at a Glance 📄 Free ATM
📌 Current Snapshot: What’s the Price Today? 🚀 Key Drivers Behind the Surge 🔮 What to Expect: Outlook & Strategy Investor takeaway: Gold remains a strong portfolio diversifier in the current macro climate. A staggered accumulation strategy—buying on dips—can be prudent. However, investors should remain cautious amid evolving global economic signals and structural demand softness.
The Indian stock market witnessed a cautious trading session today (August 5, 2025), as global sentiment turned jittery following former US President Donald Trump’s renewed stance on imposing higher tariffs on China if re-elected. Investors took a risk-off approach, leading to a broad-based selloff in equities. Market Snapshot (as of mid-day): Key Triggers Behind the
With the income tax return (ITR) filing deadline for the financial year 2024–25 fast approaching, many students and unemployed individuals are left wondering: Do I need to file an ITR if I don’t have a job or steady income? Here’s a detailed guide to help you understand whether ITR filing is mandatory or beneficial in
💸 1. UPI Transaction Policy Changes What changed? Details: 💡 Note: Normal peer-to-peer (P2P) UPI transfers (e.g., GPay, PhonePe) are not affected for now. 💳 2. Changes in Credit Card Protection Policies What changed? Customer Responsibility: 🛡️ Cards now include optional insurance add-ons for theft/loss protection. ✈️ 3. Air Travel Fare Hike What changed? Impact:
📉 What Happened? 🔍 Why the Reaction? ✂️ Leadership Shock: 💼 Fundamentals Still Strong: 📊 Stock Metrics & Trends Metric Value/Trend Intraday decline ~16.9% drop, hitting ₹819–₹820 Trading volume ~18–20 million shares (~16–17× average) Recent 1‑week loss ~19.6% 1‑month decline ~26.5% 6‑month loss ~6% (from ~₹887 to ₹810 range) 52‑week range Opened near ₹1,202 (high),
